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VILLANOVA UNIVERSITY: Form 990, tax year 2019

View the entire original 990 at ProPublica ↗

Organization
VILLANOVA UNIVERSITY (EIN 23-1352688)
Tax period
2019-06-01 to 2020-05-31
Filed
2021-04-14
IRS object ID
202121049349300922
Schema version
2019v5.1
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2021-04-14T15:12:18-05:00ReturnTs
Tax Period End2020-05-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1PricewaterhouseCoopers LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line12001 MARKET ST SUITE 1800AddressLine1Txt
CityPHILADELPHIACityNm
State AbbreviationPAStateAbbreviationCd
ZIP19103ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2019-06-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN231352688EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1VILLANOVA UNIVERSITYBusinessNameLine1Txt
FieldValueIRS element (for citing)
In Care Of% NEIL J HORGAN VP FOR FINANCEInCareOfNm
Business Name ControlVILLBusinessNameControlTxt
Phone6105194535PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1800 LANCASTER AVENUEAddressLine1Txt
CityVILLANOVACityNm
State AbbreviationPAStateAbbreviationCd
ZIP190851676ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonNEIL J HORGANPersonNm
Person TitleVP FOR FINANCEPersonTitleTxt
Phone6105194535PhoneNum
Signature2021-04-09SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonERICA R MCREYNOLDSPreparerPersonNm
PTINP00977806PTIN
Phone2673303000PhoneNum
Preparation2021-04-08PreparationDt
FieldValueIRS element (for citing)
Tax2019TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerPETER DONOHUE OSAPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1800 LANCASTER AVENUEAddressLine1Txt
CityVILLANOVACityNm
State AbbreviationPAStateAbbreviationCd
ZIP190851676ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$880,157,314GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Group Exemption0928GroupExemptionNum
Organization501c3Yes (X)Organization501c3Ind
Website Addresswww.villanova.eduWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1848FormationYr
Legal Domicile StatePALegalDomicileStateCd
Activity Or MissionSee Attachment 1ActivityOrMissionDesc
Voting Members Governing Body36VotingMembersGoverningBodyCnt
Voting Members Independent35VotingMembersIndependentCnt
Total Employee6840TotalEmployeeCnt
Total Volunteers20457TotalVolunteersCnt
Total Gross UBI$6,301,606TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$480,433NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$58,659,188PYContributionsGrantsAmt
CY Contributions Grants$61,531,999CYContributionsGrantsAmt
PY Program Service Revenue$529,705,582PYProgramServiceRevenueAmt
CY Program Service Revenue$532,945,591CYProgramServiceRevenueAmt
PY Investment Income$68,832,656PYInvestmentIncomeAmt
CY Investment Income$25,051,960CYInvestmentIncomeAmt
PY Other Revenue$24,045,873PYOtherRevenueAmt
CY Other Revenue$25,196,447CYOtherRevenueAmt
PY Total Revenue$681,243,299PYTotalRevenueAmt
CY Total Revenue$644,725,997CYTotalRevenueAmt
PY Grants And Similar Paid$157,149,276PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$159,727,126CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$285,607,839PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$297,542,544CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$577,160PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$67,084CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$14,634,010CYTotalFundraisingExpenseAmt
PY Other Expenses$138,840,298PYOtherExpensesAmt
CY Other Expenses$143,364,852CYOtherExpensesAmt
PY Total Expenses$582,174,573PYTotalExpensesAmt
CY Total Expenses$600,701,606CYTotalExpensesAmt
PY Revenues Less Expenses$99,068,726PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$44,024,391CYRevenuesLessExpensesAmt
Total Assets BOY$1,772,002,061TotalAssetsBOYAmt
Total Assets EOY$1,878,489,443TotalAssetsEOYAmt
Total Liabilities BOY$402,240,387TotalLiabilitiesBOYAmt
Total Liabilities EOY$429,787,156TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$1,369,761,674NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$1,448,702,287NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionVILLANOVA UNIVERSITY IS A CATHOLIC AUGUSTINIAN COMMUNITY OF HIGHER EDUCATION, COMMITTED TO EXCELLENCE AND DISTINCTION IN THE DISCOVERY, DISSEMINATION AND APPLICATION OF KNOWLEDGE. INSPIRED BY THE LIFE AND TEACHING OF JESUS CHRIST, THE UNIVERSITY IS GROUNDED IN THE WISDOM OF THE CATHOLIC INTELLECTUAL TRADITION AND ADVANCES A DEEPER UNDERSTANDING OF THE RELATIONSHIP BETWEEN FAITH AND REASON. VILLANOVA EMPHASIZES AND CELEBRATES THE LIBERAL ARTS AND SCIENCES AS FOUNDATIONAL TO ALL ACADEMIC PROGRAMS. THE UNIVERSITY COMMUNITY WELCOMES AND RESPECTS MEMBERS OF ALL FAITHS WHO SEEK TO NURTURE A CONCERN FOR THE COMMON GOOD AND WHO SHARE AN ENTHUSIASM FOR THE CHALLENGE OF RESPONSIBLE AND PRODUCTIVE CITIZENSHIP IN ORDER TO BUILD A JUST AND PEACEFUL WORLD.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$165,589,409ExpenseAmt
Grant$0GrantAmt
Revenue$453,128,313RevenueAmt
DescINSTRUCTION: IN THE FALL SEMESTER OF 2020, THE UNIVERSITY HAD ENROLLED 6,610 FULL-TIME EQUIVALENT UNDERGRADUATE STUDENTS AND 2,745 FULL-TIME EQUIVALENT GRADUATE STUDENTS IN A VARIETY OF PROGRAMS.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$142,522,727ExpenseAmt
Grant$142,522,727GrantAmt
Revenue$0RevenueAmt
DescSCHOLARSHIP AND FELLOWSHIPS: A SIGNIFICANT AMOUNT OF FINANCIAL ASSISTANCE IS PROVIDED TO ENABLE QUALIFIED STUDENTS TO STUDY AT THE UNIVERSITY. A TOTAL OF 4,604 STUDENTS RECEIVED FINANCIAL ASSISTANCE FROM THE UNIVERSITY DURING FISCAL YEAR 2020.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$75,716,263ExpenseAmt
Grant$7,462,166GrantAmt
Revenue$23,954,693RevenueAmt
DescSTUDENT SERVICES: A NUMBER OF OFFICES EXIST TO PROVIDE SERVICES TO STUDENTS, BOTH FOR ACADEMIC AND PERSONAL NEEDS. THESE OFFICES INCLUDE, AMONG OTHERS, ATHLETICS, THE ADMISSIONS OFFICE, THE REGISTRAR'S OFFICE, CAREER SERVICES, STUDENT ACTIVITIES, AND CAMPUS MINISTRY.Desc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp

FieldValueIRS element (for citing)
Expense$181,556,777ExpenseAmt
Grant$9,742,233GrantAmt
Revenue$75,245,339RevenueAmt
DescOTHER PROGRAM SERVICESDesc
FieldValueIRS element (for citing)
Total Other Prog Srvc Expense$181,556,777TotalOtherProgSrvcExpenseAmt
Total Other Prog Srvc Grant$9,742,233TotalOtherProgSrvcGrantAmt
Total Other Prog Srvc Revenue$75,245,339TotalOtherProgSrvcRevenueAmt
Total Program Service Expenses$565,385,176TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredYes (true)ScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesYes (true)LobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtYes (true)CollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Donor Rstr Or Quasi EndowmentsYes (true)DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (true)ReportLandBuildingEquipmentInd
Report Investments Other SecYes (true)ReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesYes (true)ReportOtherLiabilitiesInd
Include FIN48 FootnotefalseIncludeFIN48FootnoteInd
Independent Audit Fincl StmtfalseIndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (true)ConsolidatedAuditFinclStmtInd
School OperatingYes (true)SchoolOperatingInd
Foreign OfficeYes (true)ForeignOfficeInd
Foreign ActivitiesYes (true)ForeignActivitiesInd
More Than5000 K To OrgYes (true)MoreThan5000KToOrgInd
More Than5000 K To IndividualsYes (true)MoreThan5000KToIndividualsInd
Professional FundraisingYes (true)ProfessionalFundraisingInd
Fundraising ActivitiesYes (true)FundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsYes (true)GrantsToOrganizationsInd
Grants To IndividualsYes (true)GrantsToIndividualsInd
Schedule J RequiredYes (true)ScheduleJRequiredInd
Tax Exempt BondsYes (true)TaxExemptBondsInd
Invest Tax Exempt BondsfalseInvestTaxExemptBondsInd
Escrow AccountfalseEscrowAccountInd
On Behalf Of IssuerfalseOnBehalfOfIssuerInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemYes (true)BusinessRlnWithFamMemInd
Business Rln With35 Ctrl EntfalseBusinessRlnWith35CtrlEntInd
Deductible Non Cash ContriYes (true)DeductibleNonCashContriInd
Deductible Art ContributionYes (true)DeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityYes (true)DisregardedEntityInd
Related EntityYes (true)RelatedEntityInd
Related Organization Ctrl EntYes (true)RelatedOrganizationCtrlEntInd
Transaction With Control EntYes (true)TransactionWithControlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document665IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (true)BackupWthldComplianceInd
Employee6840EmployeeCnt
Employment Tax Returns FiledYes (true)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitYes (true)UnrelatedBusIncmOverLimitInd
Form990 T FiledYes (true)Form990TFiledInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Quid Pro Quo ContributionsYes (true)QuidProQuoContributionsInd
Quid Pro Quo Contri DisclYes (true)QuidProQuoContriDisclInd
Form8282 Property Disposed OfYes (true)Form8282PropertyDisposedOfInd
Form8282 Filed1Form8282FiledCnt
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht PymtYes (true)SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst IncfalseSubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members36GoverningBodyVotingMembersCnt
Independent Voting Member35IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersfalseElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyYes (true)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (true)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (true)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (true)WhistleblowerPolicyInd
Document Retention PolicyYes (true)DocumentRetentionPolicyInd
Compensation Process CEOYes (true)CompensationProcessCEOInd
Compensation Process OtherYes (true)CompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
States Where Copy Of Return Is FldAKStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldCOStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldKYStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMDStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMIStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNHStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNYStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldOHStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldOKStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldORStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldPAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldWAStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonNEIL J HORGAN VP FOR FINANCEPersonNm
Phone6105194535PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1800 LANCASTER AVEAddressLine1Txt
CityVILLANOVACityNm
State AbbreviationPAStateAbbreviationCd
ZIP19085ZIPCd
FieldValueIRS element (for citing)
Info In Schedule O Part VIIYes (X)InfoInScheduleOPartVIIInd

Form990 Part VII Section A Form990PartVIISectionAGrp (65 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtHighest Compensated EmployeeHighestCompensatedEmployeeIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerIndKey EmployeeKeyEmployeeIndFormer Ofcr Director TrusteeFormerOfcrDirectorTrusteeIndIndividual Trustee Or DirectorIndividualTrusteeOrDirectorInd
MR JEROLD T WRIGHT
COACH, MEN'S BASKETBALL35.00.0Yes (X)$6,150,206$0$42,046
MR MICHAEL J O'NEILL
SR VP UNIVERSITY ADVANCEMENT35.00.0$988,302$0$175,688Yes (X)
MR KENNETH G VALOSKY
EXECUTIVE VICE PRESIDENT35.01.0$822,430$0$142,497Yes (X)
PATRICK G MAGGITTI PHD
PROVOST35.00.0$693,206$0$173,733Yes (X)
MR MARK W JACKSON
VP AND DIRECTOR OF ATHLETICS35.00.0$609,315$0$76,099Yes (X)
JOYCE E RUSSELL
DEAN, SCHOOL OF BUSINESS35.00.0$420,866$0$69,272Yes (X)
MR MARK C ALEXANDER JD
DEAN, SCHOOL OF LAW35.00.0Yes (X)$400,282$0$37,846
KEVIN D CLARK PHD
PROFESSOR35.00.0Yes (X)$392,884$0$41,681
MR STEPHEN W FUGALE
VP FOR TECHNOLOGY AND CIO35.00.0$339,030$0$92,246Yes (X)
DANIEL WRIGHT PHD
ASSOCIATE PROFESSOR35.00.0$377,541$0$42,677Yes (X)
MR JONATHAN P DOH PHD
ASSOC DEAN, RSRCH/GLOBAL ENGMT35.00.0Yes (X)$388,258$0$28,000
E MICHAEL ZUBEY JR JD
VP AND GENERAL COUNSEL35.01.0$332,856$0$58,186Yes (X)
MARK T FERRANTE
COACH, FOOTBALL35.00.0Yes (X)$332,405$0$42,814
SHANE P MCANDREW
CHIEF INVESTMENT OFFICER35.00.0$333,960$0$29,947Yes (X)
MR ROBERT H MORRO
VP FACILITIES MANAGEMENT35.01.0$280,041$0$73,882Yes (X)
ADELE LINDENMEYR PHD
DEAN, COLLEGE OF LIBERAL A&S35.00.0$313,757$0$34,235Yes (X)
MR LEON J WASHINGTON
DEAN, ENROLLMENT MANAGEMENT35.00.0$320,940$0$23,141Yes (X)
CRAIG M WHEELAND PHD
VICE PROVOST FOR ACADEMICS35.00.0$238,832$0$98,571Yes (X)
MS ANN DIEBOLD
VP UNIVERSITY COMMUNICATION35.00.0$299,382$0$34,297Yes (X)
MR NEIL J HORGAN
VP FOR FINANCE35.01.0$291,178$0$42,140Yes (X)
RANDY WEINSTEIN PHD
ASSOC VP TEACHING AND LEARNING35.00.0$282,211$0$41,999Yes (X)
MR ALFONSO ORTEGA
PROFESSOR35.00.0$246,725$0$34,363Yes (X)
BARBARA WALL PHD
VP FOR MISSION AND MINISTRY35.00.0$217,266$0$27,979Yes (X)
MS CATHERINE H CONNOR
VICE DEAN ENROLLMENT MGMT35.00.0$206,203$0$24,447Yes (X)
MR ANTHONY N ALFANO
ASSOC VP, AUXILIARY SERVICES35.00.0$181,304$0$33,028Yes (X)
MR RAYMOND DUFFY
ASSOC VP HR/AFFRM ACTION OFFCR35.00.0$174,552$0$33,050Yes (X)
MS TERESA A NANCE
VP FOR DVSTY/INCLSN AND CDO35.00.0$165,218$0$26,986Yes (X)
MS ELLEN KRUTZ
ASSOC VP HR/AFFRM ACTION OFFCR35.00.0$161,106$0$24,412Yes (X)
REV PETER M DONOHUE OSA
PRESIDENT/TRUSTEE35.00.0$0$0$0Yes (X)Yes (X)
MR JOSEPH P CAMPOLO
TRUSTEE AS REQUIRED1.00.0$0$0$0Yes (X)
MRGEORGE W COLEMAN
TRUSTEE AS REQUIRED1.00.0$0$0$0Yes (X)
VR MICHAEL F DIGREGORIO OSA
TRUSTEE AS REQUIRED1.00.0$0$0$0Yes (X)
MR DANIEL M DILELLA
TRUSTEE AS REQUIRED1.00.0$0$0$0Yes (X)
REV FRANCIS J DOYLE OSA
TRUSTEE AS REQUIRED1.00.0$0$0$0Yes (X)
MS CAROLYN N EVERSON
TRUSTEE AS REQUIRED1.00.0$0$0$0Yes (X)
MR PETER L FONG
TRUSTEE AS REQUIRED1.00.0$0$0$0Yes (X)
MR JUSTIN G GMELICH
TRUSTEE AS REQUIRED1.00.0$0$0$0Yes (X)
REV PETER G GORI OSA JCD
TRUSTEE AS REQUIRED1.00.0$0$0$0Yes (X)
REV JAMES HALSTEAD OSA PHD STD
TRUSTEE AS REQUIRED1.00.0$0$0$0Yes (X)
THOMAS J HOLT JT
TRUSTEE AS REQUIRED1.00.0$0$0$0Yes (X)
REV FRANCIS J HORN OSA JCD
TRUSTEE AS REQUIRED1.00.0$0$0$0Yes (X)
HELEN M HORSTMANN MD
TRUSTEE AS REQUIRED1.00.0$0$0$0Yes (X)
CHRISTINA LARSON KELLY
TRUSTEE AS REQUIRED1.00.0$0$0$0Yes (X)
KERRY O KITTLES
TRUSTEE AS REQUIRED1.00.0$0$0$0Yes (X)
MS SHEILA F KLEHM
TRUSTEE AS REQUIRED1.00.0$0$0$0Yes (X)
MR THOMAS KLEIN
TRUSTEE AS REQUIRED1.00.0$0$0$0Yes (X)
MR MICHAEL R KOUREY
TRUSTEE AS REQUIRED1.00.0$0$0$0Yes (X)
MR RICHARD J KREIDER
TRUSTEE AS REQUIRED1.00.0$0$0$0Yes (X)
MR PATRICK G LEPORE
TRUSTEE AS REQUIRED1.00.0$0$0$0Yes (X)
MS NNENNA J LYNCH
TRUSTEE AS REQUIRED1.00.0$0$0$0Yes (X)
MS ELIZABETH T MAZZEO
TRUSTEE AS REQUIRED1.00.0$0$0$0Yes (X)
MR ROBERT J MCCARTHY
TRUSTEE AS REQUIRED1.00.0$0$0$0Yes (X)
MR PATRICK M MCMAHON
TRUSTEE AS REQUIRED1.00.0$0$0$0Yes (X)
REV KEVIN C MULLINS OSA
TRUSTEE AS REQUIRED1.00.0$0$0$0Yes (X)
REV JOSEPH L NAROG OSA
TRUSTEE AS REQUIRED1.00.0$0$0$0Yes (X)
MARY D NAYLOR PHD RN
TRUSTEE AS REQUIRED1.00.0$0$0$0Yes (X)
MR JAMES V O'DONNELL
TRUSTEE AS REQUIRED1.00.0$0$0$0Yes (X)
REV ANTHONY B PIZZO OSA
TRUSTEE AS REQUIRED1.00.0$0$0$0Yes (X)
MR THOMAS M QUINDLEN
TRUSTEE AS REQUIRED1.00.0$0$0$0Yes (X)
ANNE K ROBY PHD
TRUSTEE AS REQUIRED1.00.0$0$0$0Yes (X)
MR JOSEPH V TOPPER JR
TRUSTEE AS REQUIRED1.00.0$0$0$0Yes (X)
THOMAS A WAGNER III
TRUSTEE AS REQUIRED1.00.0$0$0$0Yes (X)
MS SUSAN M WARD
TRUSTEE AS REQUIRED1.00.0$0$0$0Yes (X)
DAVID S WILKES MD
TRUSTEE AS REQUIRED1.00.0$0$0$0Yes (X)
REV JOHN P STACK OSA
VP STUDENT LIFE35.00.0$0$0$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$15,459,380TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$1,520,814TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K547IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedYes (true)FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (true)TotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
MEDIA WORKS LTD
1425 CLARKVIEW ROAD SUITE 500BALTIMOREMD21209ADVERTISING SERVICES$1,985,846
TARGET BUILDING CONSTRUCTION INC
1124 CHESTER PIKE SUITE 1225CRUM LYNNEPA19022CONSTRUCTION SRVCS$1,873,227
RC LEGNINI COMPANY INC
46 PENNSYLVANIA AVEMALVERNPA19355CONSTRUCTION SRVCS$1,833,511
IES ABROAD
33 WEST MONROE STREET SUITE 2300CHICAGOIL60603INT'L EDU SERVICES$1,332,508
VINCENT LIGHT SYSTEMS COMPANY
PO BOX 6202HERMITAGEPA16148LIGHTING SERVICES$962,638
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K37CntrctRcvdGreaterThan100KCnt
Fundraising$65,048FundraisingAmt
Government Grants$8,826,635GovernmentGrantsAmt
All Other Contributions$52,640,316AllOtherContributionsAmt
Noncash Contributions$16,431,450NoncashContributionsAmt
Total Contributions$61,531,999TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmtUnrelated Business RevenueUnrelatedBusinessRevenueAmt
TUITION & FEES611310$461,866,025$461,866,025
SALES & SERVICES, AUXILIARY ENTERPRISES721000$71,079,566$66,912,551$4,167,015
FieldValueIRS element (for citing)
Total Program Service Revenue$532,945,591TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$6,728,816TotalRevenueColumnAmt
Unrelated Business Revenue$1,002,915UnrelatedBusinessRevenueAmt
Exclusion$5,725,901ExclusionAmt

Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Royalties Revenue RoyaltiesRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Gross Rents GrossRentsGrp

FieldValueIRS element (for citing)
Real$515,002RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real$515,002RealAmt
Personal$0PersonalAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$515,002TotalRevenueColumnAmt
Exclusion$515,002ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$253,701,791SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$235,378,647SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$18,323,144SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$18,323,144TotalRevenueColumnAmt
Exclusion$18,323,144ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$52,670FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event$65,048ContriRptFundraisingEventAmt
Fundraising Direct Expenses$52,670FundraisingDirectExpensesAmt
Gaming Gross Income$0GamingGrossIncomeAmt
Gaming Direct Expenses$0GamingDirectExpensesAmt

Net Income From Gaming NetIncomeFromGamingGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt
FieldValueIRS element (for citing)
Gross Sales Of Inventory$0GrossSalesOfInventoryAmt
Cost Of Goods Sold$0CostOfGoodsSoldAmt

Net Income Or Loss NetIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Other Revenue Misc OtherRevenueMiscGrp (3 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmtUnrelated Business RevenueUnrelatedBusinessRevenueAmt
BELLE AIR YEARBOOK541800$64,000$55,865$8,135
EXTERNAL USE OF ATHLETIC FACILITIES721000$19,819,925$18,905,348$914,577
ALL OTHER REVENUE900099$4,797,520$4,588,556$208,964
FieldValueIRS element (for citing)
Other Revenue Total$24,681,445OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$644,725,997TotalRevenueColumnAmt
Related Or Exempt Func Income$552,328,345RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$6,301,606UnrelatedBusinessRevenueAmt
Exclusion$24,564,047ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$64,352TotalAmt
Program Services$64,352ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$142,522,727TotalAmt
Program Services$142,522,727ProgramServicesAmt

Foreign Grants ForeignGrantsGrp

FieldValueIRS element (for citing)
Total$17,140,047TotalAmt
Program Services$17,140,047ProgramServicesAmt

Benefits To Members BenefitsToMembersGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$7,228,868TotalAmt
Program Services$2,999,021ProgramServicesAmt
Management And General$3,525,263ManagementAndGeneralAmt
Fundraising$704,584FundraisingAmt

Comp Disqual Persons CompDisqualPersonsGrp

FieldValueIRS element (for citing)
Total$897,001TotalAmt
Program Services$690,968ProgramServicesAmt
Management And General$206,033ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$230,128,515TotalAmt
Program Services$220,426,672ProgramServicesAmt
Management And General$2,283,652ManagementAndGeneralAmt
Fundraising$7,418,191FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$15,491,614TotalAmt
Program Services$14,568,887ProgramServicesAmt
Management And General$392,578ManagementAndGeneralAmt
Fundraising$530,149FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$28,469,724TotalAmt
Program Services$26,815,820ProgramServicesAmt
Management And General$721,460ManagementAndGeneralAmt
Fundraising$932,444FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$15,326,822TotalAmt
Program Services$13,964,137ProgramServicesAmt
Management And General$388,402ManagementAndGeneralAmt
Fundraising$974,283FundraisingAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$2,541,085TotalAmt
Program Services$1,819,148ProgramServicesAmt
Management And General$721,937ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$776,778TotalAmt
Program Services$97,387ProgramServicesAmt
Management And General$679,391ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$369,155TotalAmt
Management And General$369,155ManagementAndGeneralAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

FieldValueIRS element (for citing)
Total$281,755TotalAmt
Program Services$281,755ProgramServicesAmt

Fees For Services Prof Fundraising FeesForServicesProfFundraising

FieldValueIRS element (for citing)
Total$67,084TotalAmt
Fundraising$67,084FundraisingAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$2,484,071TotalAmt
Program Services$2,459,649ProgramServicesAmt
Management And General$18,145ManagementAndGeneralAmt
Fundraising$6,277FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$10,574,142TotalAmt
Program Services$9,030,242ProgramServicesAmt
Management And General$825,198ManagementAndGeneralAmt
Fundraising$718,702FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$6,789,396TotalAmt
Program Services$6,687,555ProgramServicesAmt
Management And General$101,841ManagementAndGeneralAmt

Royalties RoyaltiesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$6,659,005TotalAmt
Program Services$6,492,530ProgramServicesAmt
Management And General$99,885ManagementAndGeneralAmt
Fundraising$66,590FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$13,001,664TotalAmt
Program Services$12,165,353ProgramServicesAmt
Management And General$171,764ManagementAndGeneralAmt
Fundraising$664,547FundraisingAmt

Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$303,335TotalAmt
Program Services$303,335ProgramServicesAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$8,848,983TotalAmt
Program Services$8,626,564ProgramServicesAmt
Management And General$132,735ManagementAndGeneralAmt
Fundraising$89,684FundraisingAmt

Payments To Affiliates PaymentsToAffiliatesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$33,070,603TotalAmt
Program Services$32,243,838ProgramServicesAmt
Management And General$496,059ManagementAndGeneralAmt
Fundraising$330,706FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$2,328,514TotalAmt
Program Services$364,276ProgramServicesAmt
Management And General$1,964,238ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
PURCHASED SERVICES$19,155,953$18,595,489$440,370$120,094
COSTS OF GOODS SOLD$8,724,083$8,724,083
UNRELATED BUSINESS INCOME TAX$1,398,831$1,398,831
LIBRARY BOOKS & SUBSCRIPTIONS$5,897,317$5,897,317

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$20,160,182TotalAmt
Program Services$11,005,193ProgramServicesAmt
Management And General$7,144,314ManagementAndGeneralAmt
Fundraising$2,010,675FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$600,701,606TotalAmt
Program Services$565,385,176ProgramServicesAmt
Management And General$20,682,420ManagementAndGeneralAmt
Fundraising$14,634,010FundraisingAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XYes (X)InfoInScheduleOPartXInd

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$513,472BOYAmt
EOY$248,391EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$120,544,815BOYAmt
EOY$198,600,195EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$93,664,897BOYAmt
EOY$68,636,900EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$9,362,029BOYAmt
EOY$9,139,703EOYAmt

Receivables From Officers Etc ReceivablesFromOfficersEtcGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
BOY$9,101,038BOYAmt
EOY$7,261,834EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

FieldValueIRS element (for citing)
BOY$462,491BOYAmt
EOY$483,146EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$2,384,713BOYAmt
EOY$1,952,382EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$1,143,012,836LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$411,189,354LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$700,763,890BOYAmt
EOY$731,823,482EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$480,806,336BOYAmt
EOY$399,458,907EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$342,229,938BOYAmt
EOY$445,436,185EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

FieldValueIRS element (for citing)
BOY$767,526BOYAmt
EOY$2,540,665EOYAmt

Intangible Assets IntangibleAssetsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$11,400,916BOYAmt
EOY$12,907,653EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$1,772,002,061BOYAmt
EOY$1,878,489,443EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$90,996,346BOYAmt
EOY$63,406,016EOYAmt

Grants Payable GrantsPayableGrp

FieldValueIRS element (for citing)
BOY$1,422,343BOYAmt
EOY$2,105,049EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$27,159,827BOYAmt
EOY$22,737,283EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$264,887,890BOYAmt
EOY$251,946,136EOYAmt

Escrow Account Liability EscrowAccountLiabilityGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Loans From Officers Directors LoansFromOfficersDirectorsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$60,000,000EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$17,773,981BOYAmt
EOY$29,592,672EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$402,240,387BOYAmt
EOY$429,787,156EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$783,992,930BOYAmt
EOY$859,596,532EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$585,768,744BOYAmt
EOY$589,105,755EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,369,761,674BOYAmt
EOY$1,448,702,287EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,772,002,061BOYAmt
EOY$1,878,489,443EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss$44,024,391ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$36,175,147NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets-$1,258,925OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedYes (true)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consolidated Basis Fincl StmtYes (X)ConsolidatedBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (true)AuditCommitteeInd
Federal Grant Audit RequiredYes (true)FederalGrantAuditRequiredInd
Federal Grant Audit PerformedYes (true)FederalGrantAuditPerformedInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
SchoolYes (X)SchoolInd

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$81,084,902CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$100,842,332CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$98,110,288CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$58,659,188CurrentTaxYearMinus1YearAmt
Current Tax Year$61,531,999CurrentTaxYearAmt
Total$400,228,709TotalAmt

Tax Rev Levied Orgnztnl Bnft170 TaxRevLeviedOrgnztnlBnft170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$81,084,902CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$100,842,332CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$98,110,288CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$58,659,188CurrentTaxYearMinus1YearAmt
Current Tax Year$61,531,999CurrentTaxYearAmt
Total$400,228,709TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$30,466,541SubstantialContributorsTotAmt
Public Support Total170$369,762,168PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$2,179,169CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,769,854CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$9,888,828CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$3,670,881CurrentTaxYearMinus1YearAmt
Current Tax Year$7,243,818CurrentTaxYearAmt
Total$24,752,550TotalAmt

Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$3,539CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$0CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$0CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$3,452,344CurrentTaxYearMinus1YearAmt
Current Tax Year$506,454CurrentTaxYearAmt
Total$3,962,337TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$21,662,108CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$17,702,582CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$22,844,075CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$22,280,271CurrentTaxYearMinus1YearAmt
Current Tax Year$23,549,769CurrentTaxYearAmt
Total$108,038,805TotalAmt
FieldValueIRS element (for citing)
Total Support$536,982,401TotalSupportAmt
Gross Receipts Rltd Activities$2,491,620,773GrossReceiptsRltdActivitiesAmt
Public Support CY1700.68859PublicSupportCY170Pct
Public Support PY1700.68848PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp

FieldValueIRS element (for citing)
Form And Line ReferencePART II, LINE 10FormAndLineReferenceDesc
ExplanationOTHER INCOME INCLUDES AMOUNTS IN THE FORM 990, PART VIII, LINES 11a-11d FOR RELATED OR EXEMPT FUNCTION REVENUE.ExplanationTxt

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule C IRS990ScheduleC

FieldValueIRS element (for citing)
Total Grassroots LobbyingTotalGrassrootsLobbyingGrp
Total Direct LobbyingTotalDirectLobbyingGrp
Total Lobbying ExpendTotalLobbyingExpendGrp
Other Exempt Purpose ExpendOtherExemptPurposeExpendGrp
Total Exempt Purpose ExpendTotalExemptPurposeExpendGrp
Lobbying Nontaxable AmountLobbyingNontaxableAmountGrp
Grassroots NontaxableGrassrootsNontaxableGrp
Tot Lbbyng Grassroot Mns Non TxTotLbbyngGrassrootMnsNonTxGrp
Tot Lbby Expend Mns Lbbyng Non TxTotLbbyExpendMnsLbbyngNonTxGrp
VolunteersfalseVolunteersInd
Paid Staff Or ManagementfalsePaidStaffOrManagementInd
Media AdvertisementsfalseMediaAdvertisementsInd
Mailings MembersfalseMailingsMembersInd
Publications Or BroadcastfalsePublicationsOrBroadcastInd
Grants Other OrganizationsfalseGrantsOtherOrganizationsInd
Direct Contact LegislatorsYes (true)DirectContactLegislatorsInd
Direct Contact Legislators$281,755DirectContactLegislatorsAmt
Rallies DemonstrationsfalseRalliesDemonstrationsInd
Total Lobbying Expenditures$281,755TotalLobbyingExpendituresAmt
Not Described Section501c3falseNotDescribedSection501c3Ind

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART II-B, LINE 1GFormAndLineReferenceDesc
ExplanationIN FY2020, VILLANOVA ENGAGED FOUR FIRMS TO PROVIDE LOBBYING SERVICES. THESE SERVICES INCLUDED ADVISEMENT, REPRESENTATION AND ADVOCACY ON BEHALF OF VILLANOVA ON A FEDERAL, STATE AND LOCAL LEVEL REGARDING STRATEGIC INITIATIVES.ExplanationTxt

Schedule D IRS990ScheduleD

Art Public Exhibition Amounts ArtPublicExhibitionAmountsGrp

FieldValueIRS element (for citing)
Revenues Included$560,825RevenuesIncludedAmt
Assets Included$1,792,169AssetsIncludedAmt
FieldValueIRS element (for citing)
Held Works ArtHeldWorksArtGrp
Collection Used Pub ExhibitionYes (X)CollectionUsedPubExhibitionInd
Collection Used PreservationYes (X)CollectionUsedPreservationInd
Coll Used Loan Or Exch ProgYes (X)CollUsedLoanOrExchProgInd
Solicited Assets SalefalseSolicitedAssetsSaleInd

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$743,061,000BeginningYearBalanceAmt
Contributions$35,744,000ContributionsAmt
Investment Earnings Or Losses$57,526,000InvestmentEarningsOrLossesAmt
Grants Or Scholarships$8,714,767GrantsOrScholarshipsAmt
Other Expenditures$23,456,233OtherExpendituresAmt
Administrative Expenses$7,145,000AdministrativeExpensesAmt
End Year Balance$797,015,000EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$710,592,000BeginningYearBalanceAmt
Contributions$39,929,000ContributionsAmt
Investment Earnings Or Losses$30,982,000InvestmentEarningsOrLossesAmt
Grants Or Scholarships$7,948,803GrantsOrScholarshipsAmt
Other Expenditures$21,281,197OtherExpendituresAmt
Administrative Expenses$9,212,000AdministrativeExpensesAmt
End Year Balance$743,061,000EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$641,428,000BeginningYearBalanceAmt
Contributions$31,299,000ContributionsAmt
Investment Earnings Or Losses$70,679,000InvestmentEarningsOrLossesAmt
Grants Or Scholarships$7,081,788GrantsOrScholarshipsAmt
Other Expenditures$19,684,212OtherExpendituresAmt
Administrative Expenses$6,048,000AdministrativeExpensesAmt
End Year Balance$710,592,000EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$552,701,000BeginningYearBalanceAmt
Contributions$44,539,000ContributionsAmt
Investment Earnings Or Losses$72,452,000InvestmentEarningsOrLossesAmt
Grants Or Scholarships$6,165,762GrantsOrScholarshipsAmt
Other Expenditures$18,578,238OtherExpendituresAmt
Administrative Expenses$4,520,000AdministrativeExpensesAmt
End Year Balance$640,428,000EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$563,866,000BeginningYearBalanceAmt
Contributions$35,791,000ContributionsAmt
Investment Earnings Or Losses-$21,342,000InvestmentEarningsOrLossesAmt
Grants Or Scholarships$5,718,795GrantsOrScholarshipsAmt
Other Expenditures$16,349,205OtherExpendituresAmt
Administrative Expenses$3,546,000AdministrativeExpensesAmt
End Year Balance$552,701,000EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY0.39860BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY0.60140PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY0.00000TermEndowmentBalanceEOYPct
Endowments Held Unrelated OrgfalseEndowmentsHeldUnrelatedOrgInd
Endowments Held Related OrgfalseEndowmentsHeldRelatedOrgInd

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$36,758,113OtherCostOrOtherBasisAmt
Book Value$36,758,113BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$992,041,469OtherCostOrOtherBasisAmt
Depreciation$364,359,777DepreciationAmt
Book Value$627,681,692BookValueAmt
FieldValueIRS element (for citing)
Leasehold ImprovementsLeaseholdImprovementsGrp

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$93,941,862OtherCostOrOtherBasisAmt
Depreciation$46,829,577DepreciationAmt
Book Value$47,112,285BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$20,271,392OtherCostOrOtherBasisAmt
Book Value$20,271,392BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$731,823,482TotalBookValueLandBuildingsAmt
Financial DerivativesFinancialDerivativesGrp
Closely Held Equity InterestsCloselyHeldEquityInterestsGrp

Other Securities OtherSecuritiesGrp (3 entries)

DescDescBook ValueBookValueAmtMethod ValuationMethodValuationCd
HEDGE FUNDS$277,766,018F
DEPOSITS WITH BOND TRUSTEES$54,844F
PRIVATE INVESTMENTS$167,615,323F
FieldValueIRS element (for citing)
Total Book Value Securities$445,436,185TotalBookValueSecuritiesAmt
Federal Income Tax Liability$0FederalIncomeTaxLiabilityAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)

DescDescAmtAmt
DEPOSITS BY STUDENTS$15,649,226
ACCRUED PENSION LIABILITIES$5,361,333
REFUNDABLE GOVERNMENT LOANS$8,582,113
FieldValueIRS element (for citing)
Total Liability$29,592,672TotalLiabilityAmt
Total Rev Etc Audited Fincl Stmt$538,393,790TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$36,175,147NetUnrealizedGainsInvstAmt
Other Revenue$1,537,280OtherRevenueAmt
Revenue Not Reported$37,712,427RevenueNotReportedAmt
Revenue Subtotal$500,681,363RevenueSubtotalAmt
Other Revenues Not Included$144,044,634OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt$144,044,634RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$644,725,997TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$458,178,879TotExpnsEtcAuditedFinclStmtAmt
Expenses Subtotal$458,178,879ExpensesSubtotalAmt
Other Expenses Not Included$142,522,727OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt$142,522,727ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$600,701,606TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART III, LINE 4FormAndLineReferenceDesc
ExplanationTHE ART GALLERY HOLDS OVER SIX THOUSAND PIECES OF ARTWORK IN ITS COLLECTION. SUCH ARTWORK IS COMPRISED OF PAINTINGS, SCULPTURES, DRAWINGS, ENGARAVINGS, LITHOGRAPHS, WATERCOLORS, WOODCUTS, MIXED MEDIA, TEXTILES, AND CERAMICS. THE ARTWORK IS HELD ON THE UNIVERSITY'S PREMISES AND AT AN OUTSIDE ART FACILITY. ARTWORK IN THE COLLECTION IS DISPLAYED FOR PUBLIC VIEW AT VARIOUS LOCATIONS ON THE UNIVERSITY CAMPUS. EACH YEAR, THE ART GALLERY PRESENTS A NUMBER OF EXHIBITIONS OF ART BY EMERGING ARTISTS. FOR EACH EXHIBITION THERE IS A RECEPTION FOR THE ARTIST, ALL OF WHICH IS FREE OF CHARGE, AND THE PUBLIC IS INVITED. ALSO, EACH YEAR, THE ART GALLERY HAS HELD OUTREACH PROGRAMS AT WHICH ART EDUCATION IS PROVIDED TO DISADVANTAGED INDIVIDUALS. THE PROGRAMS ARE ALSO FREE OF CHARGE TO THE PARTICIPANTS. PART V, LINE 1F ADMINISTRATIVE FEES REPORTED REPRESENT COMPENSATION AND EXPENSES RELATED TO THE INTERNAL INVESTMENT OFFICE AND FEES PAID TO OUR EXTERNAL INVESTMENT CONSULTANTS AND OTHER THIRD PARTY SERVICE PROVIDERS. PART V, LINE 4 THE INTENDED USE OF VILLANOVA UNIVERSITY'S ENDOWMENT FUNDS IS FOR FINANCIAL AID, SUPPORT FOR FACULTY SALARIES, AS WELL AS SUPPORT FOR OTHER SPECIFIC PROGRAMS DIRECTED BY DONORS. PART XI, LINE 2D BOOK INCOME FROM ALDWYN LANE L.P. $ 1,537,280 PART XI, LINE 4B STUDENT FINANCIAL AID $ 142,522,727 TAXABLE INCOME FROM ALDWYN LANE L.P. $ 1,521,907 PART XII, LINE 4B STUDENT FINANCIAL AID $ 142,522,727ExplanationTxt

Schedule E IRS990ScheduleE

FieldValueIRS element (for citing)
Nondiscriminatory Policy StmtYes (true)NondiscriminatoryPolicyStmtInd
Policy Stmt In Brochures EtcYes (true)PolicyStmtInBrochuresEtcInd
Plcy Pblczd Via Broadcast MediaYes (true)PlcyPblczdViaBroadcastMediaInd
Maintain Racial Comp RecsYes (true)MaintainRacialCompRecsInd
Maintain Scholarships RecsYes (true)MaintainScholarshipsRecsInd
Maintain Cpy Of Brochures EtcYes (true)MaintainCpyOfBrochuresEtcInd
Maintain Cpy Of All SolYes (true)MaintainCpyOfAllSolInd
Discriminate Race Stdnts RghtsfalseDiscriminateRaceStdntsRghtsInd
Discriminate Race Admiss PlcyfalseDiscriminateRaceAdmissPlcyInd
Discriminate Race Emplm FcultyfalseDiscriminateRaceEmplmFcultyInd
Discriminate Race SchsfalseDiscriminateRaceSchsInd
Discriminate Race Educ PlcyfalseDiscriminateRaceEducPlcyInd
Discriminate Race Use Of FcltsfalseDiscriminateRaceUseOfFcltsInd
Discriminate Race Athlt ProgfalseDiscriminateRaceAthltProgInd
Discriminate Race Other ActyfalseDiscriminateRaceOtherActyInd
Government Financial Aid RcvdYes (true)GovernmentFinancialAidRcvdInd
Government Financial Aid RvkdfalseGovernmentFinancialAidRvkdInd
Compliance With Rev Proc7550Yes (true)ComplianceWithRevProc7550Ind

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 3FormAndLineReferenceDesc
ExplanationTHE POLICY IS PUBLISHED IN THE STUDENT HANDBOOK, WHICH IS DISTRIBUTED TO EVERY STUDENT EVERY YEAR, AS WELL AS IN ALL APPLICATION MATERIALS FOR PROSPECTIVE STUDENTS. IT IS ALSO PUBLICIZED ON THE UNIVERSITY'S WEBSITE, INCLUDING THE PAGE WHICH DISCUSSES THE UNIVERSITY'S AUGUSTINIAN MISSION. PART I, LINE 6A THE UNIVERSITY RECEIVES FUNDS FROM VARIOUS FEDERAL AND STATE GOVERNMENT AGENCIES UNDER THEIR RESPECTIVE STUDENT FINANCIAL AID ASSISTANCE PROGRAMS. FEDERAL PROGRAMS INCLUDE THE PELL GRANT PROGRAM, SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANT PROGRAM, COLLEGE WORK STUDY PROGRAM, AND THE PERKINS AND NURSING LOAN PROGRAMS. THE STATE PROGRAM IS THE PENNSYLVANIA HIGHER EDUCATION ASSISTANCE PROGRAM FOR STUDENTS. IN ADDITION, THE UNIVERSITY IS AWARDED SPONSORED RESEARCH AND OTHER PROJECT GRANTS BY VARIOUS FEDERAL AGENCIES, INCLUDING NSF AND HHS. GENERAL SUPPORT IS PROVIDED TO THE UNIVERSITY FROM THE STATE OF PENNSYLVANIA UNDER ITS INSTITUTIONAL ASSISTANCE GRANT PROGRAM TO PRIVATE COLLEGES AND UNIVERSITIES IN THE STATE.ExplanationTxt

Schedule F IRS990ScheduleF

FieldValueIRS element (for citing)
Grant Records MaintainedYes (true)GrantRecordsMaintainedInd

Account Activities Outside US AccountActivitiesOutsideUSGrp (17 entries)

RegionRegionTxtEmployeeEmployeeCntType Of Activities ConductedTypeOfActivitiesConductedTxtSpecific Services ProvidedSpecificServicesProvidedTxtRegion Total ExpendituresRegionTotalExpendituresAmt
Central America and the Caribbean18Program ServicesCAMP MIN, FA, INT STDY$704,895
South America22Program ServicesCAMP MIN, FA, INT STDY$509,429
Europe (Including Iceland and Greenland)222Program ServicesINTL STUDY, FIN AID$9,470,399
East Asia and the Pacific99Program ServicesINTL STUDY, FIN AID$3,202,975
Middle East and North Africa16Program ServicesINTL STUDY, FIN AID$623,029
Russia and the Newly Independent States3Program ServicesFINANCIAL AID$76,485
North America12Program ServicesCAMP MIN, FA, RESEARCH$534,153
South Asia62Program ServicesINTL STUDY, FIN AID$657,698
Sub-Saharan Africa32Program ServicesINTL STDY, FA, RSEARCH$1,325,888
Central America and the CaribbeanInvestments$233,461,466
Europe (Including Iceland and Greenland)Investments$13,086,431
East Asia and the PacificInvestments$1,630,810
North AmericaInvestments$1,040,134
South AmericaInvestments$28,893
Sub-Saharan AfricaInvestments$565
Europe (Including Iceland and Greenland)4Fundraising$10,847
Middle East and North Africa3Fundraising$24,248
FieldValueIRS element (for citing)
Subtotal Employees493SubtotalEmployeesCnt
Total Employee493TotalEmployeeCnt
Subtotal Spent$266,388,345SubtotalSpentAmt
Total Spent$266,388,345TotalSpentAmt

Grants To Org Outside US GrantsToOrgOutsideUSGrp (102 entries)

RegionRegionTxtPurpose Of GrantPurposeOfGrantTxtCash GrantCashGrantAmtManner Of Cash DisbursementMannerOfCashDisbursementTxtDescription Of Non Cash AsstDescriptionOfNonCashAsstTxtValuation Method UsedValuationMethodUsedDesc
South AmericaHOUSING$35,170WireN/AN/A
Europe (Including Iceland and Greenland)TUITION$17,406WireN/AN/A
Europe (Including Iceland and Greenland)TUITION$6,500ACHN/AN/A
Europe (Including Iceland and Greenland)HOUSING$12,525ACHN/AN/A
Europe (Including Iceland and Greenland)TUITION$5,086WireN/AN/A
Europe (Including Iceland and Greenland)TUITION$35,642ACHN/AN/A
Europe (Including Iceland and Greenland)TUITION$63,388WireN/AN/A
Europe (Including Iceland and Greenland)TUITION & HOUSING$25,498WireN/AN/A
Europe (Including Iceland and Greenland)TUITION$104,818ACHN/AN/A
East Asia and the PacificTUITION$18,620WireN/AN/A
Europe (Including Iceland and Greenland)TUITION$41,777WireN/AN/A
Europe (Including Iceland and Greenland)EXCURSION$22,000ACHN/AN/A
Middle East and North AfricaHOUSING$11,001WireN/AN/A
Middle East and North AfricaHOUSING$5,598WireN/AN/A
Europe (Including Iceland and Greenland)TUITION$288,145ACHN/AN/A
Europe (Including Iceland and Greenland)HOUSING$17,936WireN/AN/A
Europe (Including Iceland and Greenland)TUITION$77,060WireN/AN/A
South AmericaTUITION$12,970ACHN/AN/A
East Asia and the PacificTUITION$81,830ACHN/AN/A
East Asia and the PacificTUITION$31,040WireN/AN/A
East Asia and the PacificTUITION$31,994ACHN/AN/A
East Asia and the PacificTUITION$36,786ACHN/AN/A
East Asia and the PacificTUITION$109,745ACHN/AN/A
East Asia and the PacificTUITION$33,650ACHN/AN/A
East Asia and the PacificTUITION$8,676WireN/AN/A
Europe (Including Iceland and Greenland)TUITION$16,630ACHN/AN/A
South AmericaTUITION$13,766ACHN/AN/A
South AmericaTUITION$39,220ACHN/AN/A
South AmericaTUITION$24,390ACHN/AN/A
South AmericaTUITION$17,554ACHN/AN/A
East Asia and the PacificTUITION$13,521ACHN/AN/A
East Asia and the PacificTUITION$65,800ACHN/AN/A
Europe (Including Iceland and Greenland)TUITION$10,350CHECKN/AN/A
Europe (Including Iceland and Greenland)TUITION$17,058ACHN/AN/A
Europe (Including Iceland and Greenland)TUITION$14,533ACHN/AN/A
Europe (Including Iceland and Greenland)TUITION$525,070WireN/AN/A
South AmericaTUITION$14,220ACHN/AN/A
Sub-Saharan AfricaEXCURSION$34,983ACHN/AN/A
Europe (Including Iceland and Greenland)TUITION$54,681WireN/AN/A
Europe (Including Iceland and Greenland)TUITION$25,916ACHN/AN/A
Europe (Including Iceland and Greenland)TUITION$15,640ACHN/AN/A
Europe (Including Iceland and Greenland)TUITION$16,100WireN/AN/A
Europe (Including Iceland and Greenland)TUITION$15,343ACHN/AN/A
South AsiaTUITION$6,883ACHN/AN/A
Europe (Including Iceland and Greenland)TUITION$44,500WireN/AN/A
Europe (Including Iceland and Greenland)TUITION$246,979WireN/AN/A
Europe (Including Iceland and Greenland)TUITION$36,772WireN/AN/A
Europe (Including Iceland and Greenland)TUITION$351,150ACHN/AN/A
Europe (Including Iceland and Greenland)HOUSING$91,129WireN/AN/A
Europe (Including Iceland and Greenland)TUITION$254,400ACHN/AN/A
Europe (Including Iceland and Greenland)HOUSING$124,653WireN/AN/A
Europe (Including Iceland and Greenland)HOUSING$8,067WireN/AN/A
Europe (Including Iceland and Greenland)HOUSING$9,626WireN/AN/A
Europe (Including Iceland and Greenland)HOUSING$7,682WireN/AN/A
Europe (Including Iceland and Greenland)TUITION$660,106ACHN/AN/A
Europe (Including Iceland and Greenland)TUITION$24,287WireN/AN/A
Europe (Including Iceland and Greenland)TRANSPORTATION$36,523WireN/AN/A
Europe (Including Iceland and Greenland)TUITION$49,025ACHN/AN/A
Europe (Including Iceland and Greenland)EXCURSION$7,264ACHN/AN/A
Europe (Including Iceland and Greenland)TUITION$143,647WireN/AN/A
Europe (Including Iceland and Greenland)HOUSING$6,198WireN/AN/A
Middle East and North AfricaTUITION$15,000ACHN/AN/A
Middle East and North AfricaTUITION$14,463ACHN/AN/A
South AsiaTUITION$18,442ACHN/AN/A
Europe (Including Iceland and Greenland)TUITION$14,733ACHN/AN/A
Europe (Including Iceland and Greenland)TUITION$30,840ACHN/AN/A
East Asia and the PacificTUITION$14,400ACHN/AN/A
East Asia and the PacificTUITION$28,300ACHN/AN/A
Central America and the CaribbeanTUITION$16,950ACHN/AN/A
South AmericaTUITION$14,425ACHN/AN/A
Europe (Including Iceland and Greenland)TUITION$14,053ACHN/AN/A
Middle East and North AfricaTUITION$26,740CHECKN/AN/A
East Asia and the PacificTUITION$213,798ACHN/AN/A
Sub-Saharan AfricaTUITION$102,875ACHN/AN/A
Sub-Saharan AfricaTUITION$31,242ACHN/AN/A
Sub-Saharan AfricaTUITION$6,500ACHN/AN/A
East Asia and the PacificTUITION$16,346ACHN/AN/A
Europe (Including Iceland and Greenland)TUITION$310,435ACHN/AN/A
Europe (Including Iceland and Greenland)TUITION$158,177WireN/AN/A
Europe (Including Iceland and Greenland)TUITION$465,700ACHN/AN/A
Europe (Including Iceland and Greenland)TUITION$30,562ACHN/AN/A
Europe (Including Iceland and Greenland)TUITION$66,320ACHN/AN/A
Europe (Including Iceland and Greenland)TUITION$21,560ACHN/AN/A
Europe (Including Iceland and Greenland)TUITION$6,883ACHN/AN/A
Europe (Including Iceland and Greenland)TUITION$99,790WireN/AN/A
Europe (Including Iceland and Greenland)TUITION$19,438ACHN/AN/A
Europe (Including Iceland and Greenland)TUITION$17,664ACHN/AN/A
Middle East and North AfricaTUITION$170,393ACHN/AN/A
Europe (Including Iceland and Greenland)TUITION$69,050ACHN/AN/A
Europe (Including Iceland and Greenland)TUITION$138,435WireN/AN/A
Europe (Including Iceland and Greenland)TUITION$127,976ACHN/AN/A
Europe (Including Iceland and Greenland)TUITION$6,143ACHN/AN/A
Europe (Including Iceland and Greenland)TUITION$66,501WireN/AN/A
Europe (Including Iceland and Greenland)TUITION$126,096ACHN/AN/A
Europe (Including Iceland and Greenland)TUITION$44,440WireN/AN/A
Europe (Including Iceland and Greenland)TUITION$18,180ACHN/AN/A
Europe (Including Iceland and Greenland)TUITION$42,200ACHN/AN/A
Europe (Including Iceland and Greenland)TUITION$12,156WireN/AN/A
Europe (Including Iceland and Greenland)TUITION$11,779WireN/AN/A
Europe (Including Iceland and Greenland)TUITION$19,113WireN/AN/A
Europe (Including Iceland and Greenland)TUITION$130,084ACHN/AN/A
Middle East and North AfricaTRANSPORTATION$24,248Credit CardN/AN/A
FieldValueIRS element (for citing)
Total Other Org102TotalOtherOrgCnt

Foreign Individuals Grants ForeignIndividualsGrantsGrp (21 entries)

Type Of AssistanceTypeOfAssistanceTxtRegionRegionTxtRecipientRecipientCntCash GrantCashGrantAmtManner Of Cash DisbursementMannerOfCashDisbursementTxtDescription Of Non Cash AsstDescriptionOfNonCashAsstTxtValuation Method UsedValuationMethodUsedDesc
FACULTY ADV/PER DIEM FOR PROGRAM EXPEast Asia and the Pacific1$8,820ACHN/AN/A
FACULTY ADV/PER DIEM FOR PROGRAM EXPEurope (Including Iceland and Greenland)1$5,145ACHN/AN/A
FACULTY ADV/PER DIEM FOR PROGRAM EXPEurope (Including Iceland and Greenland)1$6,766ACHN/AN/A
FACULTY ADV/PER DIEM FOR PROGRAM EXPEurope (Including Iceland and Greenland)1$5,113WireN/AN/A
FACULTY ADV/PER DIEM FOR PROGRAM EXPMiddle East and North Africa1$30,663ACHN/AN/A
FINANCIAL AIDCentral America and the Caribbean17$666,593DIRECT DEPSTN/AN/A
FINANCIAL AIDEast Asia and the Pacific97$2,484,770DIRECT DEPSTN/AN/A
FINANCIAL AIDEurope (Including Iceland and Greenland)185$3,438,295DIRECT DEPSTN/AN/A
FINANCIAL AIDMiddle East and North Africa14$341,839DIRECT DEPSTN/AN/A
FINANCIAL AIDNorth America10$463,747DIRECT DEPSTN/AN/A
FINANCIAL AIDRussia and the Newly Independent States3$76,485DIRECT DEPSTN/AN/A
FINANCIAL AIDSouth America21$327,364DIRECT DEPSTN/AN/A
FINANCIAL AIDSouth Asia62$632,373DIRECT DEPSTN/AN/A
FINANCIAL AIDSub-Saharan Africa30$1,100,280DIRECT DEPSTN/AN/A
ON-SITE INSTRUCTORCentral America and the Caribbean1$9,930WireN/AN/A
ON-SITE INSTRUCTOREurope (Including Iceland and Greenland)1$81,761WireN/AN/A
ON-SITE INSTRUCTOREurope (Including Iceland and Greenland)1$75,836ACHN/AN/A
ON-SITE INSTRUCTOREurope (Including Iceland and Greenland)1$12,320WireN/AN/A
ON-SITE INSTRUCTOREurope (Including Iceland and Greenland)1$16,325WireN/AN/A
ON-SITE INSTRUCTOREurope (Including Iceland and Greenland)1$11,678WireN/AN/A
HOUSING & TRANSPORTATIONSub-Saharan Africa1$20,204CheckN/AN/A
FieldValueIRS element (for citing)
Transfer To Foreign CorpYes (true)TransferToForeignCorpInd
Interest In Foreign TrustfalseInterestInForeignTrustInd
Foreign Corp OwnershipfalseForeignCorpOwnershipInd
Passive Foreign Investmest CoYes (true)PassiveForeignInvestmestCoInd
Foreign PartnershipYes (true)ForeignPartnershipInd
Boycott CountriesfalseBoycottCountriesInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2FormAndLineReferenceDesc
ExplanationANY GRANTS AWARDED TO ENTITIES OUTSIDE THE UNITED STATES WOULD BE BASED UPON THE IMPLEMENTATION OF A FUNDED RESEARCH PROPOSAL IN WHICH THE FOREIGN ENTITY WOULD PLAY A SPECIFIC ROLE IN EXECUTING THE FUNDED RESEARCH PROGRAM. ALL REPORTED COSTS ARE DOCUMENTED BY RECEIPT. PART I, LINE 2 VILLANOVA UNIVERSITY STUDENTS ARE BILLED BY THE UNIVERSITY FOR THE TOTAL COST OF VU TUITION FOR EACH SEMESTER OVERSEAS. NON-TUITION COSTS SUCH AS ROOM AND BOARD ARE NOT PAID TO VILLANOVA UNIVERSITY, BUT INSTEAD PAID TO THE OVERSEAS UNIVERSITY OR PROGRAM IN WHICH THEY ENROLL. IN MANAGING THE STUDENTS ELIGIBILTY FOR FINANCIAL ASSISTANCE, THE UNIVERSITY DETERMINES ELIGIBILITY FOR NEED-BASED AID ON THE BASIS OF CURRENT FEDERAL REGULATIONS. ONCE THE STUDENT'S ELIGIBILITY FOR AID IS DETERMINED, ALL AWARDS ARE CREDITED TO THE STUDENT'S VILLANOVA BILLING RECORD. ANY DOLLARS THAT ARE AWARDED IN EXCESS OF THE STUDENT'S BILLED EXPENSES, WHICH IS THE CASE WITH STUDENTS STUDYING ABROAD, ARE REFUNDED TO THE STUDENTS SO THAT THEY CAN BE USED TO PAY FOR ALL OTHER APPROVED EDUCATIONAL EXPENSES. THESE INCLUDE TRANSPORTATION, ROOM & BOARD, LIVING EXPENSES AND BOOKS AND SUPPLIES. PART I, LINE 2 IN ADDITION TO STUDYING OVERSEAS, VILLANOVA UNIVERSITY STUDENTS ALSO PARTICIPATE IN INTERNATIONAL PUBLIC SERVICE WORK. FUNDS USED FOR THIS PURPOSE ASSIST IN SENDING STUDENTS OVERSEAS AND PAY FOR THEIR TRAVEL, FOOD AND LODGING (IF APPLICABLE) WHILE THEY ARE THERE. PART II, LINE 1 VILLANOVA STUDENTS AND FACULTY TAKE PART IN OVERSEAS EDUCATION. SALARIES ARE PAID TO THE FACULTY WHILE ABROAD. TUITION PAID TO VILLANOVA UNIVERSITY PAYS FOR STUDENTS' TUITION AND LODGING WHILE OVERSEAS.ExplanationTxt

Schedule G IRS990ScheduleG

FieldValueIRS element (for citing)
Mail SolicitationsYes (X)MailSolicitationsInd
Email SolicitationsYes (X)EmailSolicitationsInd
Phone SolicitationsYes (X)PhoneSolicitationsInd
In Person SolicitationsYes (X)InPersonSolicitationsInd
Solicitation Of Non Govt GrantsYes (X)SolicitationOfNonGovtGrantsInd
Solicitation Of Govt GrantsYes (X)SolicitationOfGovtGrantsInd
Special Fundraising EventsYes (X)SpecialFundraisingEventsInd
Agrmt Prof Fundraising ActyYes (true)AgrmtProfFundraisingActyInd
Licensed StatesALLicensedStatesCd
Licensed StatesAKLicensedStatesCd
Licensed StatesARLicensedStatesCd
Licensed StatesCALicensedStatesCd
Licensed StatesCOLicensedStatesCd
Licensed StatesCTLicensedStatesCd
Licensed StatesFLLicensedStatesCd
Licensed StatesGALicensedStatesCd
Licensed StatesHILicensedStatesCd
Licensed StatesILLicensedStatesCd
Licensed StatesKSLicensedStatesCd
Licensed StatesKYLicensedStatesCd
Licensed StatesLALicensedStatesCd
Licensed StatesMELicensedStatesCd
Licensed StatesMDLicensedStatesCd
Licensed StatesMALicensedStatesCd
Licensed StatesMILicensedStatesCd
Licensed StatesMNLicensedStatesCd
Licensed StatesMSLicensedStatesCd
Licensed StatesMOLicensedStatesCd
Licensed StatesNHLicensedStatesCd
Licensed StatesNJLicensedStatesCd
Licensed StatesNMLicensedStatesCd
Licensed StatesNYLicensedStatesCd
Licensed StatesNCLicensedStatesCd
Licensed StatesNDLicensedStatesCd
Licensed StatesOHLicensedStatesCd
Licensed StatesOKLicensedStatesCd
Licensed StatesORLicensedStatesCd
Licensed StatesPALicensedStatesCd
Licensed StatesRILicensedStatesCd
Licensed StatesSCLicensedStatesCd
Licensed StatesTNLicensedStatesCd
Licensed StatesUTLicensedStatesCd
Licensed StatesVALicensedStatesCd
Licensed StatesWALicensedStatesCd
Licensed StatesWVLicensedStatesCd
Licensed StatesWILicensedStatesCd

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1Golf OuttingEvent1Nm
Gross Receipts Event1$43,385GrossReceiptsEvent1Amt
Charitable Contri Event1$30,941CharitableContriEvent1Amt
Gross Revenue Event1$12,444GrossRevenueEvent1Amt
Other Direct Expenses Event1$12,444OtherDirectExpensesEvent1Amt
Event2Golf OuttingEvent2Nm
Gross Receipts Event2$32,740GrossReceiptsEvent2Amt
Charitable Contri Event2$1,156CharitableContriEvent2Amt
Gross Revenue Event2$31,584GrossRevenueEvent2Amt
Other Direct Expenses Event2$31,585OtherDirectExpensesEvent2Amt
Other Events Total5OtherEventsTotalCnt
Gross Receipts Other Events$41,593GrossReceiptsOtherEventsAmt
Charitable Contri Other Events$32,951CharitableContriOtherEventsAmt
Gross Revenue Other Events$8,642GrossRevenueOtherEventsAmt
Oth Direct Expnss Other Events$8,641OthDirectExpnssOtherEventsAmt
Gross Receipts Total$117,718GrossReceiptsTotalAmt
Charitable Contributions Tot$65,048CharitableContributionsTotAmt
Gross Revenue Total Events$52,670GrossRevenueTotalEventsAmt
Oth Direct Expnss Total Events$52,670OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$52,670DirectExpenseSummaryEventsAmt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (true)GrantRecordsMaintainedInd

Recipient Table RecipientTable

Recipient Business Name RecipientBusinessName

FieldValueIRS element (for citing)
Business Name Line1GIRL SCOUTS OF EASTERN PENNSYLVANIABusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1100 Juliette Low WayAddressLine1Txt
CityValley ForgeCityNm
State AbbreviationPAStateAbbreviationCd
ZIP19481ZIPCd
FieldValueIRS element (for citing)
Recipient EIN231352309RecipientEIN
IRC Section501(C)(3)IRCSectionDesc
Cash Grant$6,000CashGrantAmt
Purpose Of GrantGENERALPurposeOfGrantTxt
FieldValueIRS element (for citing)
Total501c3 Org1Total501c3OrgCnt

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (2 entries)

Grant TypeGrantTypeTxtCash GrantCashGrantAmtValuation Method UsedValuationMethodUsedDescNon Cash AssistanceNonCashAssistanceDescRecipientRecipientCnt
FINANCIAL ASSISTANCE$35,170N/AN/A
FINANCIAL ASSISTANCE$142,522,727N/AN/A4604

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2FormAndLineReferenceDesc
ExplanationA STUDENT'S ELIGIBILITY FOR NEED-BASED FINANCIAL AID IS DETERMINED ON THE BASIS OF THEIR ANNUAL COST OF ATTENDANCE, WHICH IS CALCULATED IN ACCORDANCE WITH FEDERAL REGULATIONS, MINUS EXPECTED FAMILY CONTRIBUTION, WHICH IS DETERMINED IN ACCORDANCE WITH FEDERAL REGULATIONS AND UNIVERSITY STANDARDS. IN THE EVENT THAT TOTAL AID AWARDED EXCEEDS DIRECT COSTS (I.E., COSTS THAT ARE BILLED BY THE UNIVERSITY), THE EXCESS FUNDS ARE PROVIDED TO THE STUDENT AND ARE APPLICABLE TO EDUCATIONALLY-RELATED EXPENSES. THE UNIVERSITY DOES NOT REQUIRE THE STUDENT TO PROVIDE PROOF (E.G., RECEIPTS, CANCELLED CHECKS, ETC.) AS TO HOW THE FUNDS WERE USED.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
First Class Or Charter TravelYes (X)FirstClassOrCharterTravelInd
Travel For CompanionsYes (X)TravelForCompanionsInd
Club Dues Or FeesYes (X)ClubDuesOrFeesInd
Written Policy Ref T And E ExpnssYes (true)WrittenPolicyRefTAndEExpnssInd
Substantiation RequiredYes (true)SubstantiationRequiredInd
Compensation CommitteeYes (X)CompensationCommitteeInd
Independent ConsultantYes (X)IndependentConsultantInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance PaymentfalseSeverancePaymentInd
Supplemental Nonqual Rtr PlanfalseSupplementalNonqualRtrPlanInd
Equity Based Comp ArrngmfalseEquityBasedCompArrngmInd
Comp Based On Revenue Of Flng OrgYes (true)CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related OrgsfalseCompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng OrgfalseCompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd OrgsfalseCompBsdNetEarnsRltdOrgsInd
Any Non Fixed PaymentsfalseAnyNonFixedPaymentsInd
Initial Contract ExceptionfalseInitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (28 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
MR JEROLD T WRIGHT
COACH, MEN'S BASKETBALL$5,610,206$0$140,000$0$400,000$0$28,000$0$14,046$0$6,192,252$0$140,000$0
MR MICHAEL J O'NEILL
SR VP UNIVERSITY ADVANCEMENT$608,902$0$0$0$379,400$0$91,232$0$84,456$0$1,163,990$0$0$0
MR KENNETH G VALOSKY
EXECUTIVE VICE PRESIDENT$589,030$0$0$0$233,400$0$128,000$0$14,497$0$964,927$0$225,000$0
PATRICK G MAGGITTI PHD
PROVOST$616,519$0$0$0$76,687$0$159,687$0$14,046$0$866,939$0$76,687$0
MR MARK W JACKSON
VP AND DIRECTOR OF ATHLETICS$547,827$0$0$0$61,488$0$62,053$0$14,046$0$685,414$0$40,000$0
JOYCE E RUSSELL
DEAN, SCHOOL OF BUSINESS$420,866$0$0$0$0$0$9,800$0$59,472$0$490,138$0$0$0
MR MARK C ALEXANDER JD
DEAN, SCHOOL OF LAW$400,282$0$0$0$0$0$23,800$0$14,046$0$438,128$0$0$0
KEVIN D CLARK PHD
PROFESSOR$216,036$0$0$0$176,848$0$22,260$0$19,421$0$434,565$0$0$0
MR STEPHEN W FUGALE
VP FOR TECHNOLOGY AND CIO$339,030$0$0$0$0$0$26,662$0$65,584$0$431,276$0$0$0
DANIEL WRIGHT PHD
ASSOCIATE PROFESSOR$224,807$0$0$0$152,734$0$23,256$0$19,421$0$420,218$0$0$0
MR JONATHAN P DOH PHD
ASSOC DEAN, RSRCH/GLOBAL ENGMT$330,258$0$0$0$58,000$0$28,000$0$0$0$416,258$0$0$0
E MICHAEL ZUBEY JR JD
VP AND GENERAL COUNSEL$302,856$0$0$0$30,000$0$51,780$0$6,406$0$391,042$0$30,000$0
MARK T FERRANTE
COACH, FOOTBALL$253,188$0$0$0$79,217$0$23,393$0$19,421$0$375,219$0$0$0
SHANE P MCANDREW
CHIEF INVESTMENT OFFICER$283,960$0$0$0$50,000$0$23,800$0$6,147$0$363,907$0$50,000$0
MR ROBERT H MORRO
VP FACILITIES MANAGEMENT$280,041$0$0$0$0$0$26,572$0$47,310$0$353,923$0$0$0
ADELE LINDENMEYR PHD
DEAN, COLLEGE OF LIBERAL A&S$313,757$0$0$0$0$0$28,000$0$6,235$0$347,992$0$0$0
MR LEON J WASHINGTON
DEAN, ENROLLMENT MANAGEMENT$320,940$0$0$0$0$0$22,502$0$639$0$344,081$0$0$0
CRAIG M WHEELAND PHD
VICE PROVOST FOR ACADEMICS$237,832$0$0$0$1,000$0$24,600$0$73,971$0$337,403$0$0$0
MS ANN DIEBOLD
VP UNIVERSITY COMMUNICATION$299,382$0$0$0$0$0$28,000$0$6,297$0$333,679$0$0$0
MR NEIL J HORGAN
VP FOR FINANCE$291,178$0$0$0$0$0$28,000$0$14,140$0$333,318$0$0$0
RANDY WEINSTEIN PHD
ASSOC VP TEACHING AND LEARNING$282,111$0$0$0$100$0$28,000$0$13,999$0$324,210$0$0$0
MR ALFONSO ORTEGA
PROFESSOR$234,795$0$0$0$11,930$0$21,660$0$12,703$0$281,088$0$0$0
BARBARA WALL PHD
VP FOR MISSION AND MINISTRY$217,266$0$0$0$0$0$21,832$0$6,147$0$245,245$0$0$0
MS CATHERINE H CONNOR
VICE DEAN ENROLLMENT MGMT$200,203$0$0$0$6,000$0$18,300$0$6,147$0$230,650$0$0$0
MR ANTHONY N ALFANO
ASSOC VP, AUXILIARY SERVICES$181,104$0$0$0$200$0$18,412$0$14,616$0$214,332$0$0$0
MR RAYMOND DUFFY
ASSOC VP HR/AFFRM ACTION OFFCR$151,012$0$0$0$23,540$0$13,404$0$19,646$0$207,602$0$0$0
MS TERESA A NANCE
VP FOR DVSTY/INCLSN AND CDO$163,068$0$0$0$2,150$0$16,958$0$10,028$0$192,204$0$0$0
MS ELLEN KRUTZ
ASSOC VP HR/AFFRM ACTION OFFCR$161,006$0$0$0$100$0$14,355$0$10,057$0$185,518$0$0$0

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 1AFormAndLineReferenceDesc
ExplanationVILLANOVA UNIVERSITY PROVIDES TRAVEL FOR COMPANION, FIRST CLASS TRAVEL AND SOCIAL CLUB DUES TO CERTAIN INDIVIDUALS LISTED ON SCHEDULE J. THE SOCIAL CLUB MEMBERSHIPS ARE INTENDED FOR BUSINESS USE. FIRST CLASS TRAVEL IS REVIEWED AND REIMBURSED ACCORDING TO THE ACCOUNTABLE PLAN RULES. TRAVEL FOR COMPANIONS WAS REVIEWED FOR BUSINESS PURPOSE AND REIMBURSED UNDER THE ACCOUNTABLE PLAN RULES. PART I, LINE 5A AN OFFICER LISTED ON PART VII RECEIVED ADDITIONAL COMPENSATION CONTINGENT UPON REACHING CERTAIN FUNDRAISING GROSS REVENUE GOALS OF THE ORGANIZATIONS. PART II COMPENSATION FOR JEROLD T. WRIGHT INCLUDES PAYMENTS FOR COACHING VILLANOVA MEN'S BASKETBALL TEAM, WEEKLY RADIO APPEARANCES, AND TELEVISION APPEARANCES.ExplanationTxt

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (4 entries)

Bond ReferenceBondReferenceCdBond Issuer EINBondIssuerEINCUSIPCUSIPNumBond IssuedBondIssuedDtIssue PriceIssuePriceAmtPurposePurposeDescDefeasedDefeasedIndOn Behalf Of IssuerOnBehalfOfIssuerIndPool FinancingPoolFinancingInd
DELAWARE COUNTY AUTHORITY
A231973437246008NC62012-11-28$24,802,318REFUNDING OF THE 2003 SERIESfalsefalsefalse
DELAWARE COUNTY AUTHORITY
B231973437246008NM42014-08-20$61,045,730REFUNDING OF 2005 & 2006 SERIESfalsefalsefalse
DELAWARE COUNTY AUTHORITY
C231973437245913LV82015-10-01$151,040,738LANCASTER AVENUE PROJECTfalsefalsefalse
DELAWARE COUNTY AUTHORITY
D231973437246008PG52016-09-27$56,071,278REFUNDING OF 2010 SERIESfalsefalsefalse

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (4 entries)

Bond ReferenceBondReferenceCdRetiredRetiredAmtBond DefeasedBondDefeasedAmtTotal ProceedsTotalProceedsAmtIn Reserve FundInReserveFundAmtCapitalized InterestCapitalizedInterestAmtRefunding EscrowRefundingEscrowAmtIssuance Costs From ProceedsIssuanceCostsFromProceedsAmtCredit EnhancementCreditEnhancementAmtWorking Capital ExpendituresWorkingCapitalExpendituresAmtCapital ExpendituresCapitalExpendituresAmtOther Spent ProceedsOtherSpentProceedsAmtUnspentUnspentAmtSubstantial CompletionSubstantialCompletionYrRefunding Tax Exempt BondsRefundingTaxExemptBondsIndRefunding Taxable BondsRefundingTaxableBondsIndFinal Allocation MadeFinalAllocationMadeIndAdequate Books And Rec MaintAdequateBooksAndRecMaintInd
A$15,645,672$0$24,802,318$0$0$0$336,923$0$0$0$24,465,395$02012Yes (true)falseYes (true)Yes (true)
B$19,804,234$0$61,045,730$0$0$0$258,100$0$0$0$60,787,630$02014Yes (true)falseYes (true)Yes (true)
C$1,486,852$0$151,040,738$0$16,274,391$0$324,930$0$134,441,417$0$0$02019falsefalseYes (true)Yes (true)
D$2,478,810$0$56,071,278$0$0$0$253,450$0$0$0$55,817,828$02016Yes (true)falseYes (true)Yes (true)

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (4 entries)

Bond ReferenceBondReferenceCdPrivate Bus Use By OthersPrivateBusUseByOthersPctProcs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdIndOwning Bond Financed PropertyOwningBondFinancedPropertyIndAny Lease ArrangementsAnyLeaseArrangementsIndMgmt Contract Bond Fincd PropMgmtContractBondFincdPropIndEngage Bond Counsel ContractsEngageBondCounselContractsIndAny Research AgreementsAnyResearchAgreementsIndTotal Private Business UseTotalPrivateBusinessUsePctBond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestIndChange In Use Bond Financed PropChangeInUseBondFinancedPropIndRemedial Action TakenRemedialActionTakenInd
A0Yes (true)
B0.00080Yes (true)falsefalseYes (true)Yes (true)false0.00080falsefalsefalse
C0Yes (true)
D0Yes (true)

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (4 entries)

Bond ReferenceBondReferenceCdForm8038 T FiledForm8038TFiledIndException To RebateExceptionToRebateIndVariable Rate IssueVariableRateIssueIndHedge Identified In Bks And RecHedgeIdentifiedInBksAndRecIndGross Proceeds Invested In GICGrossProceedsInvestedInGICIndBusiness Name Line1GICProviderName/BusinessNameLine1TxtGross Proceeds InvestedGrossProceedsInvestedIndWritten Proc To Monitor ReqsWrittenProcToMonitorReqsIndNo Rebate DueNoRebateDueIndRebate Not Due YetRebateNotDueYetInd
0
AfalseYes (true)falsefalsefalse0falseYes (true)
0
BfalseYes (true)falsefalsefalse0falseYes (true)
0
Cfalsefalsefalsefalse0falseYes (true)Yes (true)
0
Dfalsefalsefalsefalse0falseYes (true)Yes (true)

Procedures Corrective Action ProceduresCorrectiveActionGrp (4 entries)

Bond ReferenceBondReferenceCdProcedures Corrective ActionProceduresCorrectiveActionInd
AYes (true)
BYes (true)
CYes (true)
DYes (true)

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART VFormAndLineReferenceDesc
ExplanationPROCEDURE TO TAKE CORRECTIVE ACTION PURPOSE: IT IS THE UNIVERSITY'S INTENT TO COMPLY WITH ALL POST ISSUANCE COMPLIANCE REQUIREMENTS. IN THIS REGARD, THE UNIVERSITY HAS ADOPTED ONGOING TRACKING AND MONITORING PROCEDURES TO ENSURE THAT ALL TAX-EXEMPT BONDS REMAIN QUALIFIED AND ARE HELD IN COMPLIANCE WITH REGULATORY STANDARDS. SUCH MONITORING IS ALSO INTENDED TO ENSURE THAT ANY ACTUAL OR POTENTIAL VIOLATIONS OF FEDERAL TAX REQUIREMENTS CAN BE TIMELY IDENTIFIED AND CORRECTED VIA SELF-REMEDIATION OR THROUGH INTERNAL REVENUE SERVICE ("IRS") VOLUNTARY CLOSING AGREEMENT PROGRAM, IF SELF-REMEDIATION IS NOT AVAILABLE UNDER APPLICABLE IRS REGULATIONS. PROCEDURE: IF AT ANY TIME, THROUGH THE APPLICATION OF POST ISSUANCE COMPLIANCE POLICIES AND PROCEDURES, THE UNIVERSITY OFFICE OF FINANCIAL AFFAIRS IDENTIFIES THAT IT HAS FAILED TO COMPLY WITH ANY TAX-EXEMPT BOND REQUIREMENTS, THEY WILL CONSULT WITH INTERNAL AND/OR EXTERNAL COUNSEL AND ADVISORS TO FIRST DETERMINE WHETHER SELF-REMEDIATION IS AVAILABLE. IF SELF REMEDIATION IS NOT AVAILABLE, THEN A VOLUNTARY CLOSING AGREEMENT WILL BE PURSUED THROUGH THE IRS. PART IV, LINE 2C THE REBATE COMPUTATION FOR BOND C WAS PERFORMED ON 11/15/2019.ExplanationTxt

Schedule L IRS990ScheduleL

Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp (4 entries)

Relationship DescriptionRelationshipDescriptionTxtTransactionTransactionAmtTransactionTransactionDescSharing Of RevenuesSharingOfRevenuesInd
ANNE MINICOZZI
FAMILY OF KEY EMPLOYEE$20,340SEE PART Vfalse
DAVID RATIGAN
FAMILY OF KEY EMPLOYEE$100,750SEE PART Vfalse
JULIANA STUDER
FAMILY OF AN OFFICER$61,695SEE PART Vfalse
JANE WARD VOEGELE
FAMILY OF A TRUSTEE$67,831SEE PART Vfalse

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART IVFormAndLineReferenceDesc
ExplanationANNE MINICOZZI, DAVID RATIGAN, JULIANA STUDER, AND JANE WARD VOEGELE ARE EMPLOYEES OF THE UNIVERSITY AND RECEIVE COMPENSATION.ExplanationTxt

Schedule M IRS990ScheduleM

Works Of Art WorksOfArtGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution7ContributionCnt
Noncash Contributions Rpt F990$560,825NoncashContributionsRptF990Amt
Method Of Determining RevenuesQual Indpndt AppraslMethodOfDeterminingRevenuesTxt
FieldValueIRS element (for citing)
Art Historical TreasuresArtHistoricalTreasuresGrp
Art Fractional InterestArtFractionalInterestGrp
Books And PublicationsBooksAndPublicationsGrp
Clothing And Household GoodsClothingAndHouseholdGoodsGrp
Cars And Other VehiclesCarsAndOtherVehiclesGrp
Boats And PlanesBoatsAndPlanesGrp
Intellectual PropertyIntellectualPropertyGrp

Securities Publicly Traded SecuritiesPubliclyTradedGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution133ContributionCnt
Noncash Contributions Rpt F990$15,870,625NoncashContributionsRptF990Amt
Method Of Determining RevenuesQual Indpndt AppraslMethodOfDeterminingRevenuesTxt
FieldValueIRS element (for citing)
Securities Closely Held StockSecuritiesCloselyHeldStockGrp
Secur Prtnrshp Trust IntrstsSecurPrtnrshpTrustIntrstsGrp
Securities MiscellaneousSecuritiesMiscellaneousGrp
Qualified Contrib Hist StructQualifiedContribHistStructGrp
Qualified Contrib OtherQualifiedContribOtherGrp
Real Estate ResidentialRealEstateResidentialGrp
Real Estate CommercialRealEstateCommercialGrp
Real Estate OtherRealEstateOtherGrp
CollectiblesCollectiblesGrp
Food InventoryFoodInventoryGrp
Drugs And Medical SuppliesDrugsAndMedicalSuppliesGrp
TaxidermyTaxidermyGrp
Historical ArtifactsHistoricalArtifactsGrp
Scientific SpecimensScientificSpecimensGrp
Archaeological ArtifactsArchaeologicalArtifactsGrp
Form8283 Received8Form8283ReceivedCnt
Any Property That Must Be HeldfalseAnyPropertyThatMustBeHeldInd
Review Process Unusual NC GiftsYes (true)ReviewProcessUnusualNCGiftsInd
Third Parties UsedfalseThirdPartiesUsedInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, COLUMN (B)FormAndLineReferenceDesc
ExplanationTHE AMOUNTS REPORTED IN PART I, COLUMN (B) REPRESENT THE NUMBER OF ITEMS CONTRIBUTED.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceFORM 990, PART I, LINE 6FormAndLineReferenceDesc
ExplanationTHE TOTAL NUMBER OF VOLUNTEERS IS BASED UPON A REPORTED COUNT OF INDIVIDUALS (FACULTY, STAFF, STUDENTS, ALUMNI AND OTHERS) WHO HAVE ACTIVELY PARTICIPATED IN ONE OR MORE PROJECTS THROUGHOUT THE FISCAL YEAR. IN WHICH CASE, EACH OF THEIR ACTIVITIES WOULD BE COUNTED SEPARATELY IN THE TOTAL REPORTED. PART III, LINE 4D AUXILIARY ENTERPRISES EXPENSES: $ 70,802,491 GRANTS & ALLOCATIONS: $ 64,352 REVENUE: $ 73,824,749 ACADEMIC SUPPORT EXPENSES: $ 63,959,503 GRANTS & ALLOCATIONS: $ 9,531,744 REVENUE: $ 1,013,666 INSTITUTIONAL SUPPORT EXPENSES: $ 37,824,081 GRANTS & ALLOCATIONS: $ 99,737 REVENUE: $ (231,076) RESEARCH EXPENSES: $ 8,970,702 GRANTS & ALLOCATIONS: $ 46,400 REVENUE: $ 0 O&M OF PLANT EXPENSES: $ 0 GRANTS & ALLOCATIONS: $ 0 REVENUE: $ 429,033 FORM 990, PART VI, LINE 11B THE FORM 990 IS PREPARED INTERNALLY BY THE OFFICE OF FINANCIAL AFFAIRS. IT IS REVIEWED BY THE OFFICE OF THE VICE PRESIDENT AND GENERAL COUNSEL AND A NATIONALLY RECOGNIZED ACCOUNTING FIRM BEFORE THE FORM 990 IS FILED. AFTER THE PUBLIC ACCOUNTING FIRM REVIEWS THE FORM, IT IS PROVIDED TO THE STEWARDSHIP COMMITTEE OF THE BOARD OF TRUSTEES AND TO THE FULL BOARD OF TRUSTEES SHORTLY BEFORE FILING. FORM 990, PART VI, LINE 12C THE BOARD OF TRUSTEES, IN COLLABORATION WITH THE OFFICE OF THE VICE PRESIDENT AND GENERAL COUNSEL (OVPGC), REGULARLY AND CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH THE UNIVERSITY'S CONFLICT OF INTEREST POLICY. IN ACCORDANCE WITH THE POLICY, THE OVPGC DISTRIBUTES THE POLICY AND CONFLICT OF INTEREST DISCLOSURE FORMS ANNUALLY TO TRUSTEES, OFFICERS, KEY EMPLOYEES AND ANY OTHER INTERESTED PERSONS WHO ARE INSTRUCTED TO COMPLETE AND RETURN THE FORMS AND TO UPDATE THE FORMS DURING THE YEAR, AS NECESSARY. THE OVPGC SUMMARIZES ANY POTENTIAL CONFLICTS, FOR REVIEW BY THE TRUSTEE COMMITTEE, TO ENSURE COMPLIANCE WITH THE POLICY. THE TRUSTEE COMMITTEE DISCUSSES THE DISCLOSURES AT THE MEETING WHICH INCLUDES THE COMMITTEE MEMBERS AND THE OVPGC. THE UNIVERSITY'S EXTERNAL AUDITORS ALSO REVIEW A SAMPLE OF THE DISCLOSURE FORMS AS PART OF THEIR AUDIT PROCEDURES. FORM 990, PART VI, LINE 15 THE HUMAN RESOURCES OFFICE OBTAINS COMPARABILITY DATA FROM PROFESSIONAL ORGANIZATIONS FOR THE COMPENSATION OF THE OFFICERS AND KEY EMPLOYEES OF THE UNIVERSITY, INCLUDING THE AMOUNT THE UNIVERSITY REMITS TO THE ORDER OF ST. AUGUSTINE FOR SERVICES PROVIDED BY THE PRESIDENT. USING THIS COMPENSATION DATA AND ANNUAL PERFORMANCE ASSESSMENTS, THE PRESIDENT ANNUALLY DETERMINES PROPOSED SALARIES FOR ALL OFFICERS AND KEY EMPLOYEES. THE EXECUTIVE COMPENSATION COMMITTEE OF THE BOARD, AN INDEPENDENT COMMITTEE CONSISTING OF TRUSTEES ONLY, NONE OF WHOM ARE EMPLOYED BY THE UNIVERSITY, DETERMINES THE AMOUNT THE UNIVERSITY REMITS TO THE ORDER OF ST. AUGUSTINE FOR SERVICES PROVIDED BY THE PRESIDENT ON AN ANNUAL BASIS, BASED ON THE COMPARABILITY DATA PROVIDED BY THE HUMAN RESOURCES OFFICE AND ITS ASSESSMENT OF THE PRESIDENT'S PERFORMANCE. THE PRESIDENT DOES NOT PARTICIPATE IN THE APPROVAL OF HIS OWN SALARY. THE COMMITTEE ALSO REVIEWS AND APPROVES THE SALARIES PROPOSED BY THE PRESIDENT FOR THE OFFICERS AND KEY EMPLOYEES. THE DECISIONS REACHED BY THE EXECUTIVE COMPENSATION COMMITTEE AT ITS ANNUAL MEETING ARE RECORDED IN A DOCUMENT APPROVED BY THE CHAIR OF THE COMMITTEE AT OR SHORTLY AFTER THE MEETING OF THE COMMITTEE. FORM 990, PART VI, LINE 19 VILLANOVA UNIVERSITY MAKES ITS FINANCIAL STATEMENTS AND CONFLICT OF INTEREST POLICY READILY AVAILABLE TO THE PUBLIC THROUGH THE UNIVERSITY'S WEBSITE. THE FORM 990 IS AVAILABLE TO THE PUBLIC UPON REQUEST. THE UNIVERSITY'S GOVERNING DOCUMENTS ARE NOT MADE PUBLICLY AVAILABLE. FORM 990 PART VII PAYMENT IS MADE DIRECTLY TO THE ORDER OF ST. AUGUSTINE FOR SERVICES PROVIDED BY AUGUSTINIANS, AUGUSTINIAN OFFICERS, AND AUGUSTINIAN FORMER OFFICERS OF VILLANOVA UNIVERSITY. THESE PAYMENTS, AGGREGATED, TOTAL $2,855,137. FORM 990, PART XI, LINE 9 ADJUSTMENT FOR PENSION PLAN LIABILITY: $ (1,633,297) OTHER COMPONENTS OF NET PERIODIC PENSION COST: $ 358,999 BOOK TAX DIFFERENCE WITH RESPECT TO PARTNERSHIP INVESTMENT: $ 15,373 TOTAL: $ (1,258,925)ExplanationTxt

Schedule R IRS990ScheduleR

Id Disregarded Entities IdDisregardedEntitiesGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1ALDWYN LANE LLCBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1800 LANCASTER AVENUEAddressLine1Txt
CityVILLANOVACityNm
State AbbreviationPAStateAbbreviationCd
ZIP19085ZIPCd
FieldValueIRS element (for citing)
EIN233101680EIN
Primary ActivitiesRENT REAL ESTPrimaryActivitiesTxt
Legal Domicile StatePALegalDomicileStateCd
Total Income$15,373TotalIncomeAmt
End Of Year Assets$80,672EndOfYearAssetsAmt

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1NABusinessNameLine1Txt

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1THE ENLIGHTENED WORLD FOUNDATIONBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1100 FOUR FALLS CORPORATE CTRAddressLine1Txt
CityW CONSHOHOCKENCityNm
State AbbreviationPAStateAbbreviationCd
ZIP19428ZIPCd
FieldValueIRS element (for citing)
EIN232830237EIN
Primary ActivitiesFOUNDATIONPrimaryActivitiesTxt
Legal Domicile StatePALegalDomicileStateCd
Exempt Code Section501(c)(3)ExemptCodeSectionTxt
Public Charity Status509(A)(3)PublicCharityStatusTxt

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1NABusinessNameLine1Txt
FieldValueIRS element (for citing)
Controlled OrganizationfalseControlledOrganizationInd

Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdBusiness Name Line1DirectControllingEntityName/BusinessNameLine1TxtPredominant Income TypePredominantIncomeTypeTxtShare Of Total IncomeShareOfTotalIncomeAmtShare Of EOY AssetsShareOfEOYAssetsAmtDisproportionate AllocationsDisproportionateAllocationsIndUBI Code VUBICodeVAmtGeneral Or Managing PartnerGeneralOrManagingPartnerIndOwnershipOwnershipPct
ALDWYN LANE LP
800 LANCASTER AVEVILLANOVAPA190851676233101682RENT REAL ESTATEPANAUNRELATED$1,521,907$7,986,344false$0Yes (true)0.99000
VILLANOVA PRIVATE ASSETS FUND LP
277 PARK AVENEW YORKNY10172231352688INVESTMENTSNYNAUNRELATED$1,413,708$86,129,742false$0Yes (true)0.98750

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp

Related Organization Name RelatedOrganizationName

FieldValueIRS element (for citing)
Business Name Line1CHARITABLE REMAIND TRUSTS (10)BusinessNameLine1Txt
FieldValueIRS element (for citing)
Primary ActivitiesVARIOUSPrimaryActivitiesTxt
Legal Domicile StatePALegalDomicileStateCd

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1VILLANOVA UNIVBusinessNameLine1Txt
FieldValueIRS element (for citing)
Controlled OrganizationfalseControlledOrganizationInd
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts RyltsfalseReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth OrgYes (true)GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth OrgYes (true)GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other OrgfalseLoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth OrgfalseLoansOrGuaranteesFromOthOrgInd
Div Related OrganizationfalseDivRelatedOrganizationInd
Asset Sale To Other OrgfalseAssetSaleToOtherOrgInd
Asset Purchase From Other OrgfalseAssetPurchaseFromOtherOrgInd
Asset ExchangefalseAssetExchangeInd
Rental Of Facilities To Oth OrgfalseRentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth OrgfalseRentalOfFcltsFromOthOrgInd
Perform Of Services For Oth OrgfalsePerformOfServicesForOthOrgInd
Perform Of Services By Other OrgfalsePerformOfServicesByOtherOrgInd
Sharing Of FacilitiesfalseSharingOfFacilitiesInd
Paid Employees SharingfalsePaidEmployeesSharingInd
Reimbursement Paid To Other OrgfalseReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other OrgfalseReimbursementPaidByOtherOrgInd
Transfer To Other OrgfalseTransferToOtherOrgInd
Transfer From Other OrgfalseTransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp (4 entries)

Transaction TypeTransactionTypeTxtInvolvedInvolvedAmtMethod Of Amount DeterminationMethodOfAmountDeterminationTxt
ALDWYN LANE LP
C$712,800FMV
ALDWYN LANE LLC
C$7,200FMV
VILLANOVA PRIVATE ASSETS FUND LP
B$10,194,693FMV
VILLANOVA PRIVATE ASSETS FUND LP
C$5,804,150FMV

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART IVFormAndLineReferenceDesc
ExplanationVILLANOVA UNIVERSITY MANAGES TWENTY CHARITABLE GIFT ANNUITIES, FOR WHICH WE HAVE A 50% OR GREATER INTEREST IN TEN OF THEM. THE AGGREGATE MARKET VALUE IS $445,358. VILLANOVA UNIVERSITY IS THE TRUSTEE FOR TEN CHARITABLE REMAINDER TRUSTS, FOR WHICH WE HAVE A 50% OR GREATER INTEREST IN EIGHT OF THEM. THE AGGREGATE MARKET VALUE IS $2,105,626.ExplanationTxt