LIBERTY UNIVERSITY INC: Form 990, tax year 2019
View the entire original 990 at ProPublica ↗
- Organization
- LIBERTY UNIVERSITY INC (EIN 54-0946734)
- Tax period
- 2019-07-01 to 2020-06-30
- Filed
- 2021-05-17
- IRS object ID
- 202121379349306227
- 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
- Form 990
- Schedule A
- Schedule B
- Schedule C
- Schedule D
- Schedule E
- Schedule F
- Schedule G
- Schedule I
- Schedule J
- Schedule K
- Schedule L
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2021-05-17T13:55:13-05:00 | ReturnTs |
| Tax Period End | 2020-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BDO USA LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1100 Peachtree Street Suite 700 | AddressLine1Txt |
| City | ATLANTA | CityNm |
| State Abbreviation | GA | StateAbbreviationCd |
| ZIP | 303094516 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2019-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 540946734 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LIBERTY UNIVERSITY INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % DR ROBERT RITZ | InCareOfNm |
| Business Name Control | LIBE | BusinessNameControlTxt |
| Phone | 4345924800 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1971 UNIVERSITY BLVD | AddressLine1Txt |
| City | LYNCHBURG | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 24515 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | DR ROBERT RITZ | PersonNm |
| Person Title | CFO | PersonTitleTxt |
| Phone | 4345923237 | PhoneNum |
| Signature | 2021-05-17 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Sandra L Feinsmith | PreparerPersonNm |
| PTIN | P01064157 | PTIN |
| Phone | 4046886841 | PhoneNum |
| Preparation | 2021-05-15 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2019 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | DR ROBERT RITZ | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1971 UNIVERSITY BLVD | AddressLine1Txt |
| City | LYNCHBURG | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 24515 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $1,768,369,231 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.LIBERTY.EDU | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1972 | FormationYr |
| Legal Domicile State | VA | LegalDomicileStateCd |
| Activity Or Mission | SEE SCHEDULE O | ActivityOrMissionDesc |
| Voting Members Governing Body | 31 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 23 | VotingMembersIndependentCnt |
| Total Employee | 12065 | TotalEmployeeCnt |
| Total Volunteers | 9550 | TotalVolunteersCnt |
| Total Gross UBI | $5,309,119 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $1,010,670 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $24,340,904 | PYContributionsGrantsAmt |
| CY Contributions Grants | $16,444,061 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $1,229,034,114 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $1,309,847,537 | CYProgramServiceRevenueAmt |
| PY Investment Income | $22,156,313 | PYInvestmentIncomeAmt |
| CY Investment Income | $13,759,215 | CYInvestmentIncomeAmt |
| PY Other Revenue | $14,063,754 | PYOtherRevenueAmt |
| CY Other Revenue | $3,606,577 | CYOtherRevenueAmt |
| PY Total Revenue | $1,289,595,085 | PYTotalRevenueAmt |
| CY Total Revenue | $1,343,657,390 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $286,400,909 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $303,594,615 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $396,548,827 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $436,388,555 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $2,060,809 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $318,166,043 | PYOtherExpensesAmt |
| CY Other Expenses | $353,758,628 | CYOtherExpensesAmt |
| PY Total Expenses | $1,001,115,779 | PYTotalExpensesAmt |
| CY Total Expenses | $1,093,741,798 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $288,479,306 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $249,915,592 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $3,127,381,424 | TotalAssetsBOYAmt |
| Total Assets EOY | $3,367,494,352 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $430,680,756 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $457,774,457 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $2,696,700,668 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $2,909,719,895 | NetAssetsOrFundBalancesEOYAmt |
| Mission | Liberty University, Inc. is a distinctively Christian academic community, with the primary mission of providing quality collegiate education. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $818,762,275 | ExpenseAmt |
| Grant | $303,594,615 | GrantAmt |
| Revenue | $1,196,639,136 | RevenueAmt |
| Desc | INSTRUCTION OF APPROXIMATELY 121,334 STUDENTS IN UNDERGRADUATE, GRADUATE, AND DOCTORAL PROGRAMS FOR BOTH THE ONLINE AND RESIDENTIAL PROGRAMS. SCHOLARSHIPS, GRANTS, AND OTHER FINANCIAL ASSISTANCE ARE AWARDED TO ELIGIBLE STUDENTS BASED ON FINANCIAL NEED AND ACADEMIC MERIT. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $151,198,371 | ExpenseAmt |
| Revenue | $104,990,214 | RevenueAmt |
| Desc | LIBERTY UNIVERSITY MAINTAINS A CAMPUS BOOKSTORE, HOUSING, AND DINING FACILITIES, TRANSPORTATION SERVICES, ATHLETIC FACILITIES, BROADCASTING FACILITIES AND OTHER SUPPORT SERVICES AND FACILITIES ADDING TO THE STUDENT EXPERIENCE. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $969,960,646 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (true) | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | Yes (true) | LobbyingActivitiesInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | Yes (true) | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (true) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (true) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | false | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | false | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (true) | SchoolOperatingInd |
| Foreign Office | Yes (true) | ForeignOfficeInd |
| Foreign Activities | Yes (true) | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (true) | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | Yes (true) | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (true) | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | Yes (true) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | false | InvestTaxExemptBondsInd |
| Escrow Account | false | EscrowAccountInd |
| On Behalf Of Issuer | false | OnBehalfOfIssuerInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | Yes (true) | LoanOutstandingInd |
| Grant To Related Person | Yes (true) | GrantToRelatedPersonInd |
| Business Rln With Org Mem | Yes (true) | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | Yes (true) | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | Yes (true) | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | Yes (true) | DeductibleNonCashContriInd |
| Deductible Art Contribution | Yes (true) | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | Yes (true) | DisregardedEntityInd |
| Related Entity | Yes (true) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (true) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | Yes (true) | TransactionWithControlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 1441 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 12065 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (true) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (true) | Form990TFiledInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (true) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (true) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Form8899 Filedind | true | Form8899Filedind |
| Form1098 C Filed | false | Form1098CFiledInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | Yes (true) | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | false | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 31 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 23 | IndependentVotingMemberCnt |
| Family Or Business Rln | Yes (true) | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | false | MembersOrStockholdersInd |
| Election Of Board Members | false | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | false | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | false | CompensationProcessOtherInd |
| Investment In Joint Venture | Yes (true) | InvestmentInJointVentureInd |
| Written Policy Or Procedure | Yes (true) | WrittenPolicyOrProcedureInd |
| States Where Copy Of Return Is Fld | CO | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NH | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NY | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | OR | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | SC | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | WA | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | DR ROBERT RITZ | PersonNm |
| Phone | 4345924800 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1971 UNIVERSITY BLVD | AddressLine1Txt |
| City | Lynchburg | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 24515 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part VII | Yes (X) | InfoInScheduleOPartVIIInd |
Form990 Part VII Section A Form990PartVIISectionAGrp (56 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Key EmployeeKeyEmployeeInd | Former Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd |
|---|---|---|---|---|---|---|---|---|---|---|
| Mr Jerry Falwell | ||||||||||
| Chancellor/President | 55.0 | 0.5 | Yes (X) | Yes (X) | $1,805,610 | $0 | $396,621 | |||
| Mr Hugh Freeze | ||||||||||
| Head Coach-Football | 55.0 | 0.0 | $1,100,866 | $0 | $37,440 | Yes (X) | ||||
| Mr Ritchie McKay | ||||||||||
| Head Coach-Men's Basketball | 55.0 | 0.0 | $1,083,687 | $0 | $37,735 | Yes (X) | ||||
| Mr Ian McCaw | ||||||||||
| Director of Athletics | 55.0 | 0.0 | $649,599 | $0 | $34,610 | Yes (X) | ||||
| Mr Ronald Kennedy | ||||||||||
| EVP of Enrollment & Marketing | 55.0 | 0.0 | $551,889 | $0 | $26,916 | Yes (X) | ||||
| Mr Turner Gill | ||||||||||
| Former Highly Compensated | 0.0 | 0.0 | $573,682 | $0 | $0 | Yes (X) | ||||
| Dr Peter Bell | ||||||||||
| Dean, LU College of Osteopathi | 55.0 | 0.0 | $439,599 | $0 | $34,940 | Yes (X) | ||||
| Mr David Nasser | ||||||||||
| SR VP of Spiritual Development | 55.0 | 0.0 | $391,958 | $0 | $30,779 | Yes (X) | ||||
| Mr John Gauger | ||||||||||
| Chief Information Officer | 55.0 | 0.0 | $345,241 | $0 | $24,551 | Yes (X) | ||||
| Dr Robert Ritz | ||||||||||
| CFO/Treasurer | 55.0 | 0.0 | Yes (X) | $338,474 | $0 | $27,000 | ||||
| Mr Scott Symons | ||||||||||
| Linebacker Coach | 55.0 | 0.0 | $337,890 | $0 | $24,893 | Yes (X) | ||||
| Mr Richard Austin | ||||||||||
| Tightend Coach | 55.0 | 0.0 | $328,708 | $0 | $25,154 | Yes (X) | ||||
| Mr Randall Smith | ||||||||||
| EVP & COO/Management Consultan | 55.0 | 0.0 | Yes (X) | $313,676 | $0 | $25,236 | ||||
| Ms Laura Wallace | ||||||||||
| EVP for Human Resources | 55.0 | 0.0 | $304,770 | $0 | $19,497 | Yes (X) | ||||
| Mr David Corry | ||||||||||
| General Counsel/Secretary | 55.0 | 0.0 | Yes (X) | $294,498 | $0 | $26,415 | ||||
| Mr Don Moon | ||||||||||
| SR VP of Investment Management | 55.0 | 2.0 | Yes (X) | $258,294 | $0 | $17,348 | ||||
| Dr Scott Hicks | ||||||||||
| Provost and Chief Academic Off | 55.0 | 0.0 | Yes (X) | $250,386 | $0 | $10,952 | ||||
| Mr Charles Spence | ||||||||||
| SR VP of Facilities Management | 55.0 | 0.5 | $235,890 | $0 | $19,329 | Yes (X) | ||||
| Dr Ronald Hawkins | ||||||||||
| Former Officer | 40.0 | 0.0 | $212,295 | $0 | $19,705 | Yes (X) | ||||
| Dr Shawn Akers | ||||||||||
| Online Provost | 55.0 | 0.0 | Yes (X) | $221,308 | $0 | $9,583 | ||||
| Mr Dan Applewhite | ||||||||||
| Deputy General Counsel/Assista | 55.0 | 0.0 | Yes (X) | $207,042 | $0 | $19,731 | ||||
| Mr Trey Falwell | ||||||||||
| VP of University Operations | 55.0 | 0.0 | $196,229 | $0 | $20,204 | Yes (X) | ||||
| Dr Lawrence Hine | ||||||||||
| Senior VP of Student Affairs | 55.0 | 10.0 | $184,973 | $0 | $18,262 | Yes (X) | ||||
| Mr Christian Kennedy | ||||||||||
| Former Officer | 40.0 | 0.0 | $179,715 | $0 | $21,985 | Yes (X) | ||||
| Mr Chris Johnson | ||||||||||
| Former Key Employee | 40.0 | 0.0 | $110,323 | $0 | $17,263 | Yes (X) | ||||
| Pastor Jonathan Falwell | ||||||||||
| Trustee/Vice Chancellor of Spi | 9.0 | 2.0 | Yes (X) | $54,209 | $0 | $0 | ||||
| Mr Anthony Beckles | ||||||||||
| Trustee/Online chair | 4.0 | 1.0 | Yes (X) | $26,975 | $0 | $2,091 | ||||
| Dr John Borek Jr | ||||||||||
| Trustee & Adjunct Professor | 5.0 | 0.0 | Yes (X) | $16,400 | $0 | $0 | ||||
| Dr Allen McFarland | ||||||||||
| Trustee & Adjunct Professor | 5.0 | 0.0 | Yes (X) | $5,300 | $0 | $0 | ||||
| Mr Brian Autry | ||||||||||
| Trustee | 2.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| Mrs Gaye Overton Benson | ||||||||||
| Trustee | 2.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| Mr Jeffrey F Benson | ||||||||||
| Trustee | 2.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| Dr Don Crain | ||||||||||
| Trustee | 4.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| Mr Harvey Gainey | ||||||||||
| Trustee | 4.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| Evangelist William F Graham | ||||||||||
| Trustee | 2.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| Mr Pierre Guillermin | ||||||||||
| Trustee | 0.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| Mr John Heath | ||||||||||
| Trustee | 4.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| Mrs Angela Jordan | ||||||||||
| Trustee | 2.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| Mr Carroll Hudson | ||||||||||
| Trustee | 4.0 | 2.0 | Yes (X) | $0 | $0 | $0 | ||||
| Evangelist Tim Lee | ||||||||||
| Trustee | 2.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| Mr Richard Lee | ||||||||||
| Trustee | 2.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| Dr Gene Mims | ||||||||||
| Trustee | 2.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| Ms Penny Nance | ||||||||||
| Trustee | 2.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| Mr Richard Osborne | ||||||||||
| Trustee | 4.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| Mr Galen Peel Sr | ||||||||||
| Trustee | 2.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| Dr Jerry Prevo | ||||||||||
| Trustee/Chairman | 4.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| Mr Harold Rawlings | ||||||||||
| Trustee | 2.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| Dr Dwight Reighard | ||||||||||
| Trustee | 2.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| Dr David Rhodenhizer | ||||||||||
| Trustee | 4.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| Mr Steven A Snyder | ||||||||||
| Trustee | 4.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| Mr Gilbert Tinney Jr | ||||||||||
| Trustee | 4.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| Dr Jerry Vines | ||||||||||
| Trustee | 2.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| Mr Duke Westover | ||||||||||
| Trustee | 2.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| Mr Jeffery S Yager | ||||||||||
| Trustee | 4.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| Mr Chris Rhodenhizer | ||||||||||
| Trustee | 2.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| Mr Will Tinney | ||||||||||
| Trustee | 2.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $10,916,602 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $946,149 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 488 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | Yes (true) | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| Sodexo Inc Affiliates-Liberty Uni | |||||
| PO Box 360170 | PITTSBURGH | PA | 15251 | Food Service | $27,025,167 |
| Google Inc | |||||
| 1600 Amphitheatre Pkwy | MOUNTAIN VIEW | CA | 94043 | Admissions Lead Gene | $24,825,990 |
| Construction Management Associates | |||||
| PO Box 3020 | LYNCHBURG | VA | 24503 | Construction | $22,585,191 |
| HMS Holdings Limited Partnership db | |||||
| 4400 Papa Joe Hendrick Blvd | CHARLOTTE | NC | 28262 | Branding Initiative | $5,772,006 |
| English Construction Company Inc | |||||
| 615 Church St | LYNCHBURG | VA | 24504 | CONSTRUCTION | $5,068,609 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 157 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $15,406 | FundraisingAmt |
| Government Grants | $5,127,754 | GovernmentGrantsAmt |
| All Other Contributions | $11,300,901 | AllOtherContributionsAmt |
| Noncash Contributions | $2,963,996 | NoncashContributionsAmt |
| Total Contributions | $16,444,061 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (5 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt |
|---|---|---|---|---|
| TUITION AND FEES | 611710 | $1,196,639,134 | $1,196,639,134 | |
| ROOM & BOARD | 611710 | $84,198,715 | $81,361,689 | $2,837,026 |
| STUDENT ACTIVITIES | 611710 | $11,393,811 | $11,393,811 | |
| STUDENT FEES | 611710 | $13,540,980 | $13,540,980 | |
| BOOKSTORE/CONCESSIONS | 611710 | $4,074,897 | $4,074,897 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $1,309,847,537 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $22,974,649 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $837,072 | UnrelatedBusinessRevenueAmt |
| Exclusion | $22,137,577 | ExclusionAmt |
Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Royalties Revenue RoyaltiesRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $394,193 | TotalRevenueColumnAmt |
| Exclusion | $394,193 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $12,867,523 | RealAmt |
| Personal | $123,392 | PersonalAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $11,649,013 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $1,218,510 | RealAmt |
| Personal | $123,392 | PersonalAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,341,902 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $123,392 | UnrelatedBusinessRevenueAmt |
| Exclusion | $1,218,510 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $403,261,932 | SecuritiesAmt |
| Other | $575,152 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $406,731,274 | SecuritiesAmt |
| Other | $6,321,244 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -$3,469,342 | SecuritiesAmt |
| Other | -$5,746,092 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$9,215,434 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | -$5,746,092 | RelatedOrExemptFuncIncomeAmt |
| Exclusion | -$3,469,342 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $4,232 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $15,406 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $10,310 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$6,078 | TotalRevenueColumnAmt |
| Exclusion | -$6,078 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gaming Gross Income | $0 | GamingGrossIncomeAmt |
| Gaming Direct Expenses | $0 | GamingDirectExpensesAmt |
Net Income From Gaming NetIncomeFromGamingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | $0 | GrossSalesOfInventoryAmt |
| Cost Of Goods Sold | $0 | CostOfGoodsSoldAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Other Revenue Misc OtherRevenueMiscGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt |
|---|---|---|---|---|
| OTHER INCOME | 611710 | -$14,554 | -$1,393,539 | $1,378,985 |
| STUDENT TRAVEL FEES | 561500 | $707,119 | $707,119 | |
| SPONSORSHIPS/ADVERTISING | 511120 | $1,183,995 | $1,051,351 | $132,644 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $1,876,560 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,343,657,390 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $1,301,629,350 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $5,309,119 | UnrelatedBusinessRevenueAmt |
| Exclusion | $20,274,860 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,387,581 | TotalAmt |
| Program Services | $1,387,581 | ProgramServicesAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $302,207,034 | TotalAmt |
| Program Services | $302,207,034 | ProgramServicesAmt |
Foreign Grants ForeignGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Benefits To Members BenefitsToMembersGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,617,567 | TotalAmt |
| Program Services | $5,027,594 | ProgramServicesAmt |
| Management And General | $2,589,973 | ManagementAndGeneralAmt |
Comp Disqual Persons CompDisqualPersonsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,886,658 | TotalAmt |
| Program Services | $1,905,194 | ProgramServicesAmt |
| Management And General | $981,464 | ManagementAndGeneralAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $339,844,657 | TotalAmt |
| Program Services | $295,741,389 | ProgramServicesAmt |
| Management And General | $42,958,454 | ManagementAndGeneralAmt |
| Fundraising | $1,144,814 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,502,424 | TotalAmt |
| Program Services | $6,710,825 | ProgramServicesAmt |
| Management And General | $1,732,291 | ManagementAndGeneralAmt |
| Fundraising | $59,308 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $53,392,715 | TotalAmt |
| Program Services | $40,591,426 | ProgramServicesAmt |
| Management And General | $12,562,422 | ManagementAndGeneralAmt |
| Fundraising | $238,867 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $24,144,534 | TotalAmt |
| Program Services | $19,529,514 | ProgramServicesAmt |
| Management And General | $4,532,341 | ManagementAndGeneralAmt |
| Fundraising | $82,679 | FundraisingAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,638,651 | TotalAmt |
| Management And General | $4,638,651 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $225,000 | TotalAmt |
| Management And General | $225,000 | ManagementAndGeneralAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $21,508 | TotalAmt |
| Management And General | $21,508 | ManagementAndGeneralAmt |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,051,233 | TotalAmt |
| Management And General | $6,051,233 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,384,431 | TotalAmt |
| Program Services | $3,483,640 | ProgramServicesAmt |
| Management And General | $2,899,982 | ManagementAndGeneralAmt |
| Fundraising | $809 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $19,894,779 | TotalAmt |
| Program Services | $10,918,375 | ProgramServicesAmt |
| Management And General | $8,879,453 | ManagementAndGeneralAmt |
| Fundraising | $96,951 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,259,620 | TotalAmt |
| Program Services | $3,708,976 | ProgramServicesAmt |
| Management And General | $1,489,003 | ManagementAndGeneralAmt |
| Fundraising | $61,641 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $45,262,493 | TotalAmt |
| Program Services | $33,462,885 | ProgramServicesAmt |
| Management And General | $11,789,034 | ManagementAndGeneralAmt |
| Fundraising | $10,574 | FundraisingAmt |
Royalties RoyaltiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $544,223 | TotalAmt |
| Program Services | $385,110 | ProgramServicesAmt |
| Management And General | $159,113 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $13,581,455 | TotalAmt |
| Program Services | $12,023,180 | ProgramServicesAmt |
| Management And General | $1,558,275 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $13,187,913 | TotalAmt |
| Program Services | $12,057,425 | ProgramServicesAmt |
| Management And General | $1,046,916 | ManagementAndGeneralAmt |
| Fundraising | $83,572 | FundraisingAmt |
Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $592,052 | TotalAmt |
| Program Services | $413,659 | ProgramServicesAmt |
| Management And General | $177,133 | ManagementAndGeneralAmt |
| Fundraising | $1,260 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,410,891 | TotalAmt |
| Program Services | $6,002,742 | ProgramServicesAmt |
| Management And General | $408,149 | ManagementAndGeneralAmt |
Payments To Affiliates PaymentsToAffiliatesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $52,942,558 | TotalAmt |
| Program Services | $50,110,131 | ProgramServicesAmt |
| Management And General | $2,832,427 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,716,726 | TotalAmt |
| Program Services | $1,314,657 | ProgramServicesAmt |
| Management And General | $3,402,069 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| PURCHASED SERVICES | $80,999,218 | $89,753,277 | -$8,851,303 | $97,244 |
| STUDENT FOOD SERVICES | $24,728,136 | $24,465,138 | $180,599 | $82,399 |
| NON CAPITAL EQUIPMENT | $15,993,497 | $13,739,681 | $2,249,063 | $4,753 |
| SUPPLIES | $12,398,096 | $9,370,880 | $3,006,666 | $20,550 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $39,926,148 | TotalAmt |
| Program Services | $25,650,333 | ProgramServicesAmt |
| Management And General | $14,200,427 | ManagementAndGeneralAmt |
| Fundraising | $75,388 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,093,741,798 | TotalAmt |
| Program Services | $969,960,646 | ProgramServicesAmt |
| Management And General | $121,720,343 | ManagementAndGeneralAmt |
| Fundraising | $2,060,809 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,465,233 | BOYAmt |
| EOY | $10,348,502 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $260,022,494 | BOYAmt |
| EOY | $320,307,379 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $7,500 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $64,067,607 | BOYAmt |
| EOY | $36,954,320 | EOYAmt |
Receivables From Officers Etc ReceivablesFromOfficersEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $175,627 | BOYAmt |
| EOY | $273,274 | EOYAmt |
Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,637,289 | BOYAmt |
| EOY | $3,269,676 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $453,064 | BOYAmt |
| EOY | $697,675 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $17,033,223 | BOYAmt |
| EOY | $10,826,134 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $1,828,758,435 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $409,064,156 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,308,955,036 | BOYAmt |
| EOY | $1,419,694,279 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $784,840,644 | BOYAmt |
| EOY | $627,288,983 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $650,404,431 | BOYAmt |
| EOY | $903,225,308 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $13,469,535 | BOYAmt |
| EOY | $15,220,890 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $649,700 | BOYAmt |
| EOY | $1,317,769 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $20,207,541 | BOYAmt |
| EOY | $18,062,663 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,127,381,424 | BOYAmt |
| EOY | $3,367,494,352 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $68,688,052 | BOYAmt |
| EOY | $88,680,388 | EOYAmt |
Grants Payable GrantsPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $127,695,672 | BOYAmt |
| EOY | $141,750,772 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $201,886,441 | BOYAmt |
| EOY | $197,589,939 | EOYAmt |
Escrow Account Liability EscrowAccountLiabilityGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Loans From Officers Directors LoansFromOfficersDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $650,000 | BOYAmt |
| EOY | $0 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $31,760,591 | BOYAmt |
| EOY | $29,753,358 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $430,680,756 | BOYAmt |
| EOY | $457,774,457 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,672,903,339 | BOYAmt |
| EOY | $2,886,771,669 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $23,797,329 | BOYAmt |
| EOY | $22,948,226 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,696,700,668 | BOYAmt |
| EOY | $2,909,719,895 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,127,381,424 | BOYAmt |
| EOY | $3,367,494,352 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $249,915,592 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$38,696,865 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $1,800,500 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | false | FSAuditedInd |
| Federal Grant Audit Required | Yes (true) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | false | FederalGrantAuditPerformedInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School | Yes (X) | SchoolInd |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule C IRS990ScheduleC
Total Grassroots Lobbying TotalGrassrootsLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $32,838 | FilingOrganizationsTotalAmt |
Total Direct Lobbying TotalDirectLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $55,282 | FilingOrganizationsTotalAmt |
Total Lobbying Expend TotalLobbyingExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $88,120 | FilingOrganizationsTotalAmt |
Other Exempt Purpose Expend OtherExemptPurposeExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $1,093,653,678 | FilingOrganizationsTotalAmt |
Total Exempt Purpose Expend TotalExemptPurposeExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $1,093,741,798 | FilingOrganizationsTotalAmt |
Lobbying Nontaxable Amount LobbyingNontaxableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $1,000,000 | FilingOrganizationsTotalAmt |
Grassroots Nontaxable GrassrootsNontaxableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $250,000 | FilingOrganizationsTotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Lbbyng Grassroot Mns Non Tx | TotLbbyngGrassrootMnsNonTxGrp | |
| Tot Lbby Expend Mns Lbbyng Non Tx | TotLbbyExpendMnsLbbyngNonTxGrp |
Avg Lobbying Nontaxable Amount AvgLobbyingNontaxableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | $1,000,000 | CurrentYearMinus3Amt |
| Current Year Minus2 | $1,000,000 | CurrentYearMinus2Amt |
| Current Year Minus1 | $1,000,000 | CurrentYearMinus1Amt |
| Current Year | $1,000,000 | CurrentYearAmt |
| Total | $4,000,000 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Lobbying Ceiling | $6,000,000 | LobbyingCeilingAmt |
Avg Total Lobbying Expend AvgTotalLobbyingExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | $61,525 | CurrentYearMinus3Amt |
| Current Year Minus2 | $58,142 | CurrentYearMinus2Amt |
| Current Year Minus1 | $170,385 | CurrentYearMinus1Amt |
| Current Year | $88,120 | CurrentYearAmt |
| Total | $378,172 | TotalAmt |
Avg Grassroots Nontaxable AvgGrassrootsNontaxableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | $250,000 | CurrentYearMinus3Amt |
| Current Year Minus2 | $250,000 | CurrentYearMinus2Amt |
| Current Year Minus1 | $250,000 | CurrentYearMinus1Amt |
| Current Year | $250,000 | CurrentYearAmt |
| Total | $1,000,000 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grassroots Ceiling | $1,500,000 | GrassrootsCeilingAmt |
Avg Grassroots Lobbying Expend AvgGrassrootsLobbyingExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $32,838 | CurrentYearAmt |
| Total | $32,838 | TotalAmt |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Art Public Exhibition Amounts | ArtPublicExhibitionAmountsGrp | |
| Held Works Art | HeldWorksArtGrp | |
| Collection Used Pub Exhibition | Yes (X) | CollectionUsedPubExhibitionInd |
| Solicited Assets Sale | false | SolicitedAssetsSaleInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $1,587,918,559 | BeginningYearBalanceAmt |
| Contributions | $157,959,701 | ContributionsAmt |
| Investment Earnings Or Losses | -$31,375,007 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $40,689 | OtherExpendituresAmt |
| End Year Balance | $1,714,462,564 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $1,432,964,225 | BeginningYearBalanceAmt |
| Contributions | $106,431,660 | ContributionsAmt |
| Investment Earnings Or Losses | $48,522,694 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $20 | OtherExpendituresAmt |
| End Year Balance | $1,587,918,559 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $1,290,702,848 | BeginningYearBalanceAmt |
| Contributions | $90,835,204 | ContributionsAmt |
| Investment Earnings Or Losses | $52,095,842 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $669,669 | OtherExpendituresAmt |
| End Year Balance | $1,432,964,225 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $1,082,996,068 | BeginningYearBalanceAmt |
| Contributions | $198,368,872 | ContributionsAmt |
| Investment Earnings Or Losses | $74,241,805 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $1,638 | GrantsOrScholarshipsAmt |
| Other Expenditures | $64,902,259 | OtherExpendituresAmt |
| End Year Balance | $1,290,702,848 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $1,054,487,114 | BeginningYearBalanceAmt |
| Contributions | $55,364,445 | ContributionsAmt |
| Investment Earnings Or Losses | -$26,805,224 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $50,267 | GrantsOrScholarshipsAmt |
| End Year Balance | $1,082,996,068 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.99030 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.00930 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.00040 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | false | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | false | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $81,257,667 | OtherCostOrOtherBasisAmt |
| Book Value | $81,257,667 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,212,197,168 | OtherCostOrOtherBasisAmt |
| Depreciation | $205,348,459 | DepreciationAmt |
| Book Value | $1,006,848,709 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Leasehold Improvements | LeaseholdImprovementsGrp |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $250,051,547 | OtherCostOrOtherBasisAmt |
| Depreciation | $168,341,559 | DepreciationAmt |
| Book Value | $81,709,988 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $285,252,053 | OtherCostOrOtherBasisAmt |
| Depreciation | $35,374,138 | DepreciationAmt |
| Book Value | $249,877,915 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $1,419,694,279 | TotalBookValueLandBuildingsAmt |
| Financial Derivatives | FinancialDerivativesGrp | |
| Closely Held Equity Interests | CloselyHeldEquityInterestsGrp |
Other Securities OtherSecuritiesGrp (6 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| PUBLICLY TRADED EQUITIES | $152,995,947 | F |
| TRADITION FIXED INCOME | $491,366,613 | F |
| HEDGE FUNDS | $137,882,736 | F |
| MULTI-ASSET CLASS | $0 | F |
| PRIVATE EQUITY/VENTURE CAPITAL | $33,587,094 | F |
| COMMODITIES/OTHER ALTERNATIVES | $87,392,918 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $903,225,308 | TotalBookValueSecuritiesAmt |
| Federal Income Tax Liability | $0 | FederalIncomeTaxLiabilityAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (4 entries)
| DescDesc | AmtAmt |
|---|---|
| DUE TO/FROM FA FROM C&C JETTING | -$14,413 |
| GIFT ANNUITIES PAYABLE | $27,826,254 |
| OBLIGATIONS UNDER CAPITAL LEASES | $760,144 |
| AGREEMENT | $1,181,373 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $29,753,358 | TotalLiabilityAmt |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part III, Line 4: | Liberty University has a collection of donated animal trophies and a collection of donated paintings. The collections are displayed within the University's facilities for the education and enjoyment of students and visitors. There is no admission charge for viewing the collections and Liberty University does not advertise that the collections are open to the general public. |
| Part V, Line 4: | The University has adopted donor-restricted endowment and quasi-endowment spending policies to help ensure the continued viability of endowment funds and to preserve the long-term purchasing power of endowment funds. Investment returns are achieved through capital appreciation (realized and unrealized), current yield (interest and dividends), and net income on endowed subsidiaries. The University has a diversified asset allocation that places emphasis on investments in equities and absolute return strategies to achieve its long-term return objectives within prudent risk constraints. The Board-approved spending formula for the donor restricted endowment provides for spending the lesser of 3% of the original gift, including earnings returned to principle as of the prior year end, or historic accumulated earnings distributed to the endowment fund. |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | Yes (true) | NondiscriminatoryPolicyStmtInd |
| Policy Stmt In Brochures Etc | Yes (true) | PolicyStmtInBrochuresEtcInd |
| Plcy Pblczd Via Broadcast Media | Yes (true) | PlcyPblczdViaBroadcastMediaInd |
| Maintain Racial Comp Recs | Yes (true) | MaintainRacialCompRecsInd |
| Maintain Scholarships Recs | Yes (true) | MaintainScholarshipsRecsInd |
| Maintain Cpy Of Brochures Etc | Yes (true) | MaintainCpyOfBrochuresEtcInd |
| Maintain Cpy Of All Sol | Yes (true) | MaintainCpyOfAllSolInd |
| Discriminate Race Stdnts Rghts | false | DiscriminateRaceStdntsRghtsInd |
| Discriminate Race Admiss Plcy | false | DiscriminateRaceAdmissPlcyInd |
| Discriminate Race Emplm Fculty | false | DiscriminateRaceEmplmFcultyInd |
| Discriminate Race Schs | false | DiscriminateRaceSchsInd |
| Discriminate Race Educ Plcy | false | DiscriminateRaceEducPlcyInd |
| Discriminate Race Use Of Fclts | false | DiscriminateRaceUseOfFcltsInd |
| Discriminate Race Athlt Prog | false | DiscriminateRaceAthltProgInd |
| Discriminate Race Other Acty | false | DiscriminateRaceOtherActyInd |
| Government Financial Aid Rcvd | Yes (true) | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | false | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (true) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule E, Line 3 | EXPLANATION OF NONDISCRIMINATION POLICY: LIBERTY UNIVERSITY DRAWS A SUBSTANTIAL PERCENTAGE OF ITS STUDENTS NATIONWIDE, AND FOLLOWS A RACIALLY NON-DISCRIMINATORY POLICY AS TO STUDENTS. THIS POLICY IS ONLINE WITH LINKS AT THE BOTTOM OF VIRTUALLY EVERY UNIVERSITY WEBPAGE AND IN ALL THE BROCHURES AND CATALOGS DEALING WITH ADMISSION AND SCHOLARSHIPS. |
| Schedule E, Line 6 | EXPLANATION OF GOVERNMENT FINANCIAL AID: LIBERTY UNIVERSITY PROCESSES AND DISTRIBUTES FEDERAL AND STATE FINANCIAL AID IN THE FORM OF GRANTS, LOANS, AND SCHOLARSHIPS TO STUDENTS TO HELP WITH EDUCATION-RELATED EXPENSES. SUCH STUDENT FINANCIAL AID IS AWARDED ON THE BASIS OF FINANCIAL NEED BASED ON PRESCRIBED GOVERNMENTAL FORMULAS. |
Schedule F IRS990ScheduleF
Account Activities Outside US AccountActivitiesOutsideUSGrp (10 entries)
| RegionRegionTxt | Type Of Activities ConductedTypeOfActivitiesConductedTxt | Region Total ExpendituresRegionTotalExpendituresAmt | Specific Services ProvidedSpecificServicesProvidedTxt |
|---|---|---|---|
| Central America and the Caribbean | Investments | $44,949,165 | |
| Europe (Including Iceland and Greenland) | Program Services | $24,253 | mission trip/study abr |
| Sub-Saharan Africa | Program Services | $1,523 | mission trip/study abr |
| South America | Program Services | $28,931 | mission trip/study abr |
| East Asia and the Pacific | Program Services | $2,543 | mission trip/study abr |
| Middle East and North Africa | Program Services | $189,319 | mission trip/study abr |
| Europe (Including Iceland and Greenland) | Program Services | $3,080 | DISTANCE LEARNING |
| North America | Program Services | $350 | DISTANCE LEARNING |
| Middle East and North Africa | Program Services | $175 | DISTANCE LEARNING |
| East Asia and the Pacific | Program Services | $200 | DISTANCE LEARNING |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Spent | $45,199,539 | SubtotalSpentAmt |
| Total Spent | $45,199,539 | TotalSpentAmt |
| Transfer To Foreign Corp | false | TransferToForeignCorpInd |
| Interest In Foreign Trust | false | InterestInForeignTrustInd |
| Foreign Corp Ownership | Yes (true) | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | Yes (true) | PassiveForeignInvestmestCoInd |
| Foreign Partnership | Yes (true) | ForeignPartnershipInd |
| Boycott Countries | false | BoycottCountriesInd |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | LUCOM GALA | Event1Nm |
| Gross Receipts Event1 | $19,638 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $15,406 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $4,232 | GrossRevenueEvent1Amt |
| Cash Prizes Event1 | $677 | CashPrizesEvent1Amt |
| Food And Beverage Event1 | $5,033 | FoodAndBeverageEvent1Amt |
| Entertainment Event1 | $1,359 | EntertainmentEvent1Amt |
| Other Direct Expenses Event1 | $3,241 | OtherDirectExpensesEvent1Amt |
| Other Events Total | 0 | OtherEventsTotalCnt |
| Gross Receipts Total | $19,638 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $15,406 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $4,232 | GrossRevenueTotalEventsAmt |
| Cash Prizes Total Events | $677 | CashPrizesTotalEventsAmt |
| Food And Beverage Total Events | $5,033 | FoodAndBeverageTotalEventsAmt |
| Entertainment Total Events | $1,359 | EntertainmentTotalEventsAmt |
| Oth Direct Expnss Total Events | $3,241 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $10,310 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | -$6,078 | NetIncomeSummaryAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (15 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Purpose Of GrantPurposeOfGrantTxt | Non Cash AssistanceNonCashAssistanceAmt | Valuation Method UsedValuationMethodUsedDesc | Non Cash AssistanceNonCashAssistanceDesc |
|---|---|---|---|---|---|---|---|---|---|---|
| Liberty University Foundation | ||||||||||
| 1971 University Blvd | Lynchburg | VA | 24502 | 541939910 | 501(c)3 | $628,378 | Supportive Christian non-profit organization | |||
| Vineyard Outreach America | ||||||||||
| 815A Brazos St | Austin | TX | 78701 | 814793936 | 501(c)3 | $99,000 | Issue Based Education | |||
| Old Time Gospel Hour | ||||||||||
| 1971 University Blvd | Lynchburg | VA | 24502 | 237293001 | 501(c)3 | $36,666 | Supportive Christian non-profit organization | |||
| Gainey Foundation | ||||||||||
| 1593 Galbraith Ave | Grand Rapids | MI | 49546 | 912025454 | 501(c)3 | $75,000 | supportive christian non-profit organization | |||
| Lynchburg Humane Society Inc | ||||||||||
| 3305 Naval Reserve Rd | Lynchburg | VA | 24501 | 540570901 | 501(c)3 | $6,000 | Community Support | |||
| Faith and Freedom Coalition | ||||||||||
| PO Box 957736 | Duluth | GA | 300959540 | 270182697 | 501(c)4 | $100,000 | non-partisan voter education | |||
| American Job Alliance Inc | ||||||||||
| PO Box 1665 | Chesapeake | VA | 233271665 | 274445379 | 501(c)4 | $10,000 | non-partisan voter education | |||
| Angel Armies Inc | ||||||||||
| PO Box 524 | Alpharetta | GA | 300090524 | 833682484 | 501(c)3 | $50,000 | Christian Outreach | |||
| Camp Bahamas Ministries | ||||||||||
| 1116 Moseley Drive | Lynchburg | VA | 245021708 | 541872460 | 501(c)3 | $70,000 | supportive Christian organization | |||
| Feed My Starving Children | ||||||||||
| 401 93rd Ave NW | Coon Rapids | MN | 554335822 | 411601449 | 501(c)3 | $48,000 | Christian Outreach | |||
| Freedom 424 | ||||||||||
| 2306 Bedford Ave | Lynchburg | VA | 245032701 | 264320885 | 501(c)3 | $6,495 | Christian Outreach | |||
| Jerry Vines Ministries | ||||||||||
| 202 Pheasant Hills Ct | Canton | GA | 30114 | 204857233 | 501(c)3 | $20,000 | supportive christian non-profit organization | |||
| Tim Lee Ministries | ||||||||||
| PO Box 461674 | Garland | TX | 750461674 | 731268199 | 501(c)3 | $55,000 | supportive christian non-profit organization | |||
| Johnson Health Center | ||||||||||
| 320 Federal St | Lynchburg | VA | 24504 | 541287905 | 501(c)3 | COVID relief | $8,100 | COST | KN95 masks | |
| CVFP | ||||||||||
| 1111 Corporate Park Dr STE D | Forest | VA | 24551 | 541663754 | COVID relief | $44,449 | COST | KN95 masks | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 12 | Total501c3OrgCnt |
| Total Other Org | 3 | TotalOtherOrgCnt |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (3 entries)
| Grant TypeGrantTypeTxt | RecipientRecipientCnt | Cash GrantCashGrantAmt |
|---|---|---|
| Missionary Assistance | 67 | $175,974 |
| Benevolence | 43 | $41,946 |
| Institutional Scholarships | 94046 | $293,983,133 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part IV | FormAndLineReferenceDesc |
| Explanation | Schedule I, Part I, Line 2 DONATIONS ARE MADE TO NONPROFIT ORGANIZATIONS WHOSE PURPOSES ARE CONSISTENT WITH THE RELIGIOUS AND EDUCATIONAL PURPOSES OF LIBERTY UNIVERSITY. GRANTS TO 501(C)(4) ORGANIZATIONS ARE CONTRACTUALLY OBLIGATED TO USE FUNDS SOLELY IN A MANNER CONSISTENT WITH APPLICABLE PROVISIONS OF THE INTERNAL REVENUE CODE GOVERNING 501(C)(3) ORGANIZATIONS. FUNDS ARE PROHIBITED FROM BEING EXPENDED FOR ELECTION PURPOSES, INCLUDING CONTRIBUTIONS TO ANY CANDIDATE OR POLITICAL ORGANIZATION, OR TO INFLUENCE ANY ELECTION FOR PUBLIC OFFICE. Schedule I, Part III, Column B GOVERNMENT FUNDED SCHOLARSHIPS FOR STUDENTS ARE MADE BASED ON FINANCIAL NEED AS PRESCRIBED BY FEDERAL AND STATE REGULATIONS. PRIVATE AND INSTITUTION FUNDED SCHOLARSHIPS ARE AWARDED BASED ON PROGRAM CRITERIA, WHICH INCLUDED SCHOLASTIC MERIT, ATHLETIC EXCELLENCE, ARTISTIC PERFORMANCE, FINANCIAL NEED, HIGH SCHOOL ATTENDED, AND FIELD WORKED. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| First Class Or Charter Travel | Yes (X) | FirstClassOrCharterTravelInd |
| Travel For Companions | Yes (X) | TravelForCompanionsInd |
| Idemnification Gross Up Pmts | Yes (X) | IdemnificationGrossUpPmtsInd |
| Housing Allowance Or Residence | Yes (X) | HousingAllowanceOrResidenceInd |
| Club Dues Or Fees | Yes (X) | ClubDuesOrFeesInd |
| Personal Services | Yes (X) | PersonalServicesInd |
| Written Policy Ref T And E Expnss | Yes (true) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (true) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | Yes (true) | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | Yes (true) | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | false | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | false | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | false | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | false | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | Yes (true) | AnyNonFixedPaymentsInd |
| Initial Contract Exception | false | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (25 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Mr Jerry Falwell | |||||||||||
| Chancellor/President | $1,555,610 | $250,000 | $385,000 | $0 | $11,621 | $0 | $2,202,231 | $0 | $0 | $0 | |
| Mr David Corry | |||||||||||
| General Counsel/Secretary | $294,498 | $0 | $14,339 | $0 | $12,076 | $0 | $320,913 | $0 | $0 | $0 | |
| Mr Dan Applewhite | |||||||||||
| Deputy General Counsel/Assista | $207,042 | $10,274 | $0 | $9,457 | $0 | $226,773 | $0 | $0 | $0 | ||
| Dr Scott Hicks | |||||||||||
| Provost and Chief Academic Off | $250,386 | $10,661 | $0 | $291 | $0 | $261,338 | $0 | $0 | $0 | ||
| Mr Don Moon | |||||||||||
| SR VP of Investment Management | $258,294 | $12,522 | $0 | $4,826 | $0 | $275,642 | $0 | $0 | $0 | ||
| Dr Robert Ritz | |||||||||||
| CFO/Treasurer | $338,474 | $14,594 | $0 | $12,406 | $0 | $365,474 | $0 | $0 | $0 | ||
| Mr Randall Smith | |||||||||||
| EVP & COO/Management Consultan | $313,676 | $15,750 | $0 | $9,486 | $0 | $338,912 | $0 | $0 | $0 | ||
| Dr Shawn Akers | |||||||||||
| Online Provost | $221,308 | $9,583 | $0 | $0 | $0 | $230,891 | $0 | $0 | $0 | ||
| Mr Trey Falwell | |||||||||||
| VP of University Operations | $196,229 | $9,750 | $0 | $10,454 | $0 | $216,433 | $0 | $0 | $0 | ||
| Mr John Gauger | |||||||||||
| Chief Information Officer | $252,726 | $92,515 | $12,475 | $0 | $12,076 | $0 | $369,792 | $0 | $0 | $0 | |
| Mr Ronald Kennedy | |||||||||||
| EVP of Enrollment & Marketing | $310,889 | $241,000 | $15,000 | $0 | $11,916 | $0 | $578,805 | $0 | $0 | $0 | |
| Mr Ian McCaw | |||||||||||
| Director of Athletics | $649,599 | $21,875 | $0 | $12,735 | $0 | $684,209 | $0 | $0 | $0 | ||
| Mr David Nasser | |||||||||||
| SR VP of Spiritual Development | $391,958 | $18,044 | $0 | $12,735 | $0 | $422,737 | $0 | $0 | $0 | ||
| Mr Charles Spence | |||||||||||
| SR VP of Facilities Management | $235,890 | $9,507 | $0 | $9,822 | $0 | $255,219 | $0 | $0 | $0 | ||
| Ms Laura Wallace | |||||||||||
| EVP for Human Resources | $304,770 | $14,671 | $0 | $4,826 | $0 | $324,267 | $0 | $0 | $0 | ||
| Mr Hugh Freeze | |||||||||||
| Head Coach-Football | $1,100,866 | $25,000 | $0 | $12,440 | $0 | $1,138,306 | $0 | $0 | $0 | ||
| Mr Ritchie McKay | |||||||||||
| Head Coach-Men's Basketball | $983,687 | $25,000 | $0 | $12,735 | $0 | $1,121,422 | $0 | $0 | $0 | $100,000 | |
| Dr Peter Bell | |||||||||||
| Dean, LU College of Osteopathi | $439,599 | $22,500 | $0 | $12,440 | $0 | $474,539 | $0 | $0 | $0 | ||
| Mr Scott Symons | |||||||||||
| Linebacker Coach | $337,890 | $13,750 | $0 | $11,143 | $0 | $362,783 | $0 | $0 | $0 | ||
| Mr Richard Austin | |||||||||||
| Tightend Coach | $328,708 | $13,750 | $0 | $11,404 | $0 | $353,862 | $0 | $0 | $0 | ||
| Mr Turner Gill | |||||||||||
| Former Highly Compensated | $0 | $0 | $0 | $0 | $573,682 | $0 | $0 | $0 | $573,682 | ||
| Dr Lawrence Hine | |||||||||||
| Senior VP of Student Affairs | $184,973 | $9,009 | $0 | $9,253 | $0 | $203,235 | $0 | $0 | $0 | ||
| Mr Chris Johnson | |||||||||||
| Former Key Employee | $110,323 | $5,000 | $0 | $12,263 | $0 | $127,586 | $0 | $0 | $0 | ||
| Mr Christian Kennedy | |||||||||||
| Former Officer | $179,715 | $9,250 | $0 | $12,735 | $0 | $201,700 | $0 | $0 | $0 | ||
| Dr Ronald Hawkins | |||||||||||
| Former Officer | $212,295 | $10,452 | $0 | $9,253 | $0 | $232,000 | $0 | $0 | $0 | ||
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 1A: | TYPE OF BENEFIT: FIRST-CLASS OR CHARTER TRAVEL LISTED PERSON WHO RECEIVED THE BENEFIT: TRUSTEES, OFFICERS, KEY AND HIGHLY COMPENSATED WAS THE BENEFIT TREATED AS TAXABLE TO LISTED PERSON? FOR BUSINESS TRAVEL THE AMOUNT IS NEITHER REIMBURSED NOR IS TAXABLE; PERSONAL TRAVEL IS EITHER REIMBURSED OR TREATED AS A TAXABLE BENEFIT TYPE OF BENEFIT: TRAVEL FOR COMPANIONS LISTED PERSON WHO RECEIVED THE BENEFIT: TRUSTEES, OFFICERS, KEY AND HIGHLY COMPENSATED WAS THE BENEFIT TREATED AS TAXABLE TO THE LISTED PERSON? IF COMPANION HAD A BUSINESS PURPOSE, THE AMOUNT IS NEITHER REIMBURSED NOR TAXABLE. IF COMPANION DOES NOT HAVE A BUSINESS PURPOSE, THE AMOUNT IS EITHER REIMBURSED OR IS TREATED AS A TAXABLE BENEFIT TYPE OF BENEFIT: TAX INDEMNIFICATION AND GROSS-UP PAYMENTS LISTED PERSON WHO RECEIVED THE BENEFIT: PRESIDENT OF THE UNIVERSITY WAS THE BENEFIT TREATED AS TAXABLE TO LISTED PERSON? THE AMOUNT IS TREATED AS TAXABLE COMPENSATION TYPE OF BENEFIT: HOUSING ALLOWANCE LISTED PERSON WHO RECEIVED THE BENEFIT: MENS BASKETBALL COACH WAS THE BENEFIT TREATED AS TAXABLE TO THE LISTED PERSON? THE AMOUNT IS TREATED AS TAXABLE COMPENSATION TYPE OF BENEFIT: HEALTH OR SOCIAL CLUB DUES OR INITIATION FEES LISTED PERSON WHO RECEIVED THE BENEFIT: PRESIDENT OF THE UNIVERSITY WAS THE BENEFIT TREATED AS TAXABLE TO LISTED PERSON? THE AMOUNT IS TREATED AS TAXABLE COMPENSATION TYPE OF BENEFIT: PERSONAL SERVICES LISTED PERSON WHO RECEIVED THE BENEFIT: PRESIDENT OF THE UNIVERSITY WAS THE BENEFIT TREATED AS TAXABLE TO LISTED PERSON? THE AMOUNT IS EITHER REIMBURSED OR TREATED AS TAXABLE COMPENSATION |
| PART I, LINE 3: | Compensation of the Chancellor/President and other officers and key employees are reviewed annually by the executive committee. Comparable salary data is reviewed when salaries are set and adjusted to determine the reasonableness of the compensation. |
| Part I, Line 4a: | Turner Gill received a severance payment. Part I, Line 4b: Jerry Falwell was provided an additional nonqualified retirement plan to supplement his University-provided 403b benefits and to recognize his years of service to the school without a retirement plan. This benefit was structured so that it was treated as having been earned as an annual notional credit of $385,000 (reduced by the University-provided 403b employer contributions) to an account earning 6% investment returns annually over the term of Mr. Falwell's service as President, including credits for the period 2007-2019. Annual credits attributable to service periods after July 1, 2019 require Mr. Falwell to be employed as President through the crediting date to receive the credit, and the entire benefit is subject to forfeiture if certain conditions are not met. |
| Part I, Line 7: | Certain Employees as disclosed in Part VII and Schedule J receive bonus payments which would qualify as non-fixed payments. The amounts of such bonuses are approved by executive leadership of the organization in such a way to ensure reasonable compensation and avoid conflicts of interest. All such payments are reflected in the employees W-2. |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | VIRGINIA COLLEGE BUILDING AUTHORITY | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Issuer EIN | 541249154 | BondIssuerEIN |
| CUSIP | 927781WR1 | CUSIPNum |
| Bond Issued | 2010-12-21 | BondIssuedDt |
| Issue Price | $121,891,446 | IssuePriceAmt |
| Purpose | REFINANCE DEBT,EDUCATIONAL RELATED | PurposeDesc |
| Defeased | false | DefeasedInd |
| On Behalf Of Issuer | false | OnBehalfOfIssuerInd |
| Pool Financing | false | PoolFinancingInd |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Retired | $23,880,025 | RetiredAmt |
| Bond Defeased | $121,891,446 | BondDefeasedAmt |
| Total Proceeds | $0 | TotalProceedsAmt |
| In Reserve Fund | $0 | InReserveFundAmt |
| Capitalized Interest | $0 | CapitalizedInterestAmt |
| Refunding Escrow | $0 | RefundingEscrowAmt |
| Issuance Costs From Proceeds | $0 | IssuanceCostsFromProceedsAmt |
| Credit Enhancement | $1,074,238 | CreditEnhancementAmt |
| Working Capital Expenditures | $0 | WorkingCapitalExpendituresAmt |
| Capital Expenditures | $76,341,830 | CapitalExpendituresAmt |
| Other Spent Proceeds | $20,596,481 | OtherSpentProceedsAmt |
| Unspent | $0 | UnspentAmt |
| Substantial Completion | 2013 | SubstantialCompletionYr |
| Refunding Tax Exempt Bonds | Yes (true) | RefundingTaxExemptBondsInd |
| Refunding Taxable Bonds | false | RefundingTaxableBondsInd |
| Final Allocation Made | Yes (true) | FinalAllocationMadeInd |
| Adequate Books And Rec Maint | Yes (true) | AdequateBooksAndRecMaintInd |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Owning Bond Financed Property | false | OwningBondFinancedPropertyInd |
| Any Lease Arrangements | false | AnyLeaseArrangementsInd |
| Mgmt Contract Bond Fincd Prop | Yes (true) | MgmtContractBondFincdPropInd |
| Engage Bond Counsel Contracts | Yes (true) | EngageBondCounselContractsInd |
| Any Research Agreements | false | AnyResearchAgreementsInd |
| Private Bus Use By Others | 0.00380 | PrivateBusUseByOthersPct |
| Private Bus Concerning UBI | 0.00010 | PrivateBusConcerningUBIPct |
| Total Private Business Use | 0.00390 | TotalPrivateBusinessUsePct |
| Bond Iss Meet Prvt Sec Pymt Test | Yes (true) | BondIssMeetPrvtSecPymtTestInd |
| Change In Use Bond Financed Prop | false | ChangeInUseBondFinancedPropInd |
| Remedial Action Taken | false | RemedialActionTakenInd |
| Procs Nonqualified Bond Remdtd | Yes (true) | ProcsNonqualifiedBondRemdtdInd |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Form8038 T Filed | Yes (true) | Form8038TFiledInd |
| Variable Rate Issue | false | VariableRateIssueInd |
| Hedge Identified In Bks And Rec | false | HedgeIdentifiedInBksAndRecInd |
Hedge Provider Name HedgeProviderName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | 0 | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Proceeds Invested In GIC | false | GrossProceedsInvestedInGICInd |
GIC Provider Name GICProviderName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | 0 | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Proceeds Invested | false | GrossProceedsInvestedInd |
| Written Proc To Monitor Reqs | Yes (true) | WrittenProcToMonitorReqsInd |
Procedures Corrective Action ProceduresCorrectiveActionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Procedures Corrective Action | false | ProceduresCorrectiveActionInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule K, Part I, Bond issues: | FormAndLineReferenceDesc |
| Explanation | PART I COLUMN F: REFINANCE DEBT: 44,476,507 PART I COLUMN F: CONSTRUCT EDUCATIONALLY RELATED FACILITIES: 76,341,830 | ExplanationTxt |
Schedule L IRS990ScheduleL
Loans Btwn Org Interested Prsn LoansBtwnOrgInterestedPrsnGrp (2 entries)
| Relationship With OrgRelationshipWithOrgTxt | Loan PurposeLoanPurposeTxt | Loan From OrganizationLoanFromOrganizationInd | Original PrincipalOriginalPrincipalAmt | Balance DueBalanceDueAmt | DefaultDefaultInd | Board Or Committee ApprovalBoardOrCommitteeApprovalInd | Written AgreementWrittenAgreementInd |
|---|---|---|---|---|---|---|---|
| Jerry Falwell Jr | |||||||
| President/Trustee | A/R for Services | Yes (X) | $114 | $114 | false | false | Yes (true) |
| RELATED TO SUBSTANTIAL CONTRIBUTOR | |||||||
| RELATED TO SUBSTANTIAL CONTRIBUTOR | Real prop. purchase | Yes (X) | $292,885 | $273,160 | false | false | Yes (true) |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Balance Due | $273,274 | TotalBalanceDueAmt |
Grnt Asst Bnft Interested Prsn GrntAsstBnftInterestedPrsnGrp (2 entries)
| Cash GrantCashGrantAmt | Type Of AssistanceTypeOfAssistanceTxt | Assistance PurposeAssistancePurposeTxt | Relationship With OrgRelationshipWithOrgTxt |
|---|---|---|---|
| (no name) | |||
| $383,265 | grants to dependents | education benefits | |
| TIM LEE | |||
| $7,655 | FLIGHT ON UNIV AIRCRAFT | ASSIST WOUNDED WAR VET | BOARD MEMBER |
Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp (43 entries)
| Relationship DescriptionRelationshipDescriptionTxt | TransactionTransactionAmt | TransactionTransactionDesc | Sharing Of RevenuesSharingOfRevenuesInd |
|---|---|---|---|
| Cedar Ridge Management | |||
| owned by son of board member/officer | $12,293 | compensation | false |
| Jennifer Nasser | |||
| Spouse of Key Employee | $31,841 | compensation | false |
| JF Management | |||
| owned by key employee | $63,683 | compensation | false |
| Redfinch Solutions | |||
| owned by key employee | $115,200 | PAYMENT FOR SERVICES | false |
| Wendy Kennedy | |||
| WIFE OF FORMER OFFICER/KEY EMPLOYEE | $108,333 | compensation | false |
| Mallard Services | |||
| owned by son of key employee | $8,255 | compensation | false |
| Native Enterprises | |||
| owned by son of key employee | $271,014 | compensation | false |
| Spence Construction | |||
| owned by son of key employee | $497,283 | compensation | false |
| Bernie Beckles | |||
| Wife of Board Member | $26,000 | compensation | false |
| Brandon Elrod | |||
| Son in law of Key Employee | $53,104 | compensation | false |
| Dr Elmer Towns | |||
| CO-FOUNDER | $123,271 | compensation | false |
| Emily Hine Elrod | |||
| Daughter of Key Employee | $55,861 | compensation | false |
| Jennifer Kennedy | |||
| Wife of Key Employee | $62,100 | compensation | false |
| Jessica Smith | |||
| Daughter of Key Employee | $40,493 | compensation | false |
| Jonathan Wallace | |||
| Son of Key Employee | $77,315 | compensation | false |
| Kathleen Spence | |||
| Wife of Key Employee | $54,760 | compensation | false |
| Laura Falwell | |||
| Daughter in law of Board Member/Officer | $76,049 | compensation | false |
| Nastaran Morgan | |||
| Sister of Key Employee | $56,198 | compensation | false |
| Robert N Ritz | |||
| Son of Officer | $14,693 | compensation | false |
| Sarah Falwell | |||
| Daughter in law of Board Member/Officer & wife of Key Employee | $67,389 | compensation | false |
| Scott Dow | |||
| Nephew of Officer | $43,104 | compensation | false |
| Scott Hawkins | |||
| Son of a Former Officer | $192,920 | compensation | false |
| Vincent Tickle | |||
| Son in law of Board Member | $95,766 | compensation | false |
| Virginia Dow | |||
| Sister in Law of Officer | $96,971 | compensation | false |
| Wesley Falwell | |||
| Son of Board Member/Officer | $101,070 | compensation | false |
| Tonia Kennedy | |||
| sister in law of key employee | $152,420 | compensation | false |
| Mark Akers | |||
| Son of Officer | $60,556 | compensation | false |
| Deidre Akers | |||
| Daughter-in-law of Officer | $40,987 | COMPENSATION | false |
| Melanie Hicks | |||
| wife of officer | $221,088 | compensation | false |
| Christopher Hicks | |||
| brother of officer | $25,420 | compensation | false |
| Jonathan Hicks | |||
| Nephew of Officer | $13,372 | compensation | false |
| Dawson Kennedy | |||
| Son of Key Employee | $11,628 | compensation | false |
| Paul McCaw | |||
| Son of Key Employee | $16,220 | compensation | false |
| SUBSTANTIAL CONTRIBUTOR | |||
| SUBSTANTIAL CONTRIBUTOR | $220,926 | payment for course development | false |
| SUBSTANTIAL CONTRIBUTOR | |||
| SUBSTANTIAL CONTRIBUTOR | $658,126 | payment for construction servi | false |
| SUBSTANTIAL CONTRIBUTOR | |||
| SUBSTANTIAL CONTRIBUTOR | $581,645 | payment for construction servi | false |
| SUBSTANTIAL CONTRIBUTOR | |||
| SUBSTANTIAL CONTRIBUTOR | $444,626 | payment for fuel | false |
| SUBSTANTIAL CONTRIBUTOR | |||
| SUBSTANTIAL CONTRIBUTOR | $100,900 | payment for construction | false |
| SUBSTANTIAL CONTRIBUTOR | |||
| SUBSTANTIAL CONTRIBUTOR | $4,769,389 | payment for investment mgmt | false |
| SUBSTANTIAL CONTRIBUTOR | |||
| SUBSTANTIAL CONTRIBUTOR | $609,480 | payment for services | false |
| SUBSTANTIAL CONTRIBUTOR | |||
| SUBSTANTIAL CONTRIBUTOR | $536,840 | payment for heating and air | false |
| SUBSTANTIAL CONTRIBUTOR | |||
| SUBSTANTIAL CONTRIBUTOR | $741,460 | multi-media rights agreement | false |
| SUBSTANTIAL CONTRIBUTOR | |||
| SUBSTANTIAL CONTRIBUTOR | $738,920 | payment for demolition service | false |
Schedule M IRS990ScheduleM
| Field | Value | IRS element (for citing) |
|---|---|---|
| Works Of Art | WorksOfArtGrp | |
| Art Historical Treasures | ArtHistoricalTreasuresGrp | |
| Art Fractional Interest | ArtFractionalInterestGrp | |
| Books And Publications | BooksAndPublicationsGrp | |
| Clothing And Household Goods | ClothingAndHouseholdGoodsGrp | |
| Cars And Other Vehicles | CarsAndOtherVehiclesGrp | |
| Boats And Planes | BoatsAndPlanesGrp | |
| Intellectual Property | IntellectualPropertyGrp |
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 4 | ContributionCnt |
| Noncash Contributions Rpt F990 | $30,909 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities Closely Held Stock | SecuritiesCloselyHeldStockGrp | |
| Secur Prtnrshp Trust Intrsts | SecurPrtnrshpTrustIntrstsGrp | |
| Securities Miscellaneous | SecuritiesMiscellaneousGrp | |
| Qualified Contrib Hist Struct | QualifiedContribHistStructGrp | |
| Qualified Contrib Other | QualifiedContribOtherGrp |
Real Estate Residential RealEstateResidentialGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 2 | ContributionCnt |
| Noncash Contributions Rpt F990 | $1,250,000 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenuesTxt |
Real Estate Commercial RealEstateCommercialGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 1 | ContributionCnt |
| Noncash Contributions Rpt F990 | $1,428,737 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real Estate Other | RealEstateOtherGrp | |
| Collectibles | CollectiblesGrp | |
| Food Inventory | FoodInventoryGrp | |
| Drugs And Medical Supplies | DrugsAndMedicalSuppliesGrp | |
| Taxidermy | TaxidermyGrp | |
| Historical Artifacts | HistoricalArtifactsGrp | |
| Scientific Specimens | ScientificSpecimensGrp | |
| Archaeological Artifacts | ArchaeologicalArtifactsGrp |
Other Non Cash Contri Table OtherNonCashContriTableGrp (2 entries)
| Non Cash CheckboxNonCashCheckboxInd | DescDesc | ContributionContributionCnt | Noncash Contributions Rpt F990NoncashContributionsRptF990Amt | Method Of Determining RevenuesMethodOfDeterminingRevenuesTxt |
|---|---|---|---|---|
| Yes (X) | Horses | 3 | $85,000 | FMV |
| Yes (X) | Equipment | 3 | $169,350 | FMV |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | false | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (true) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | false | ThirdPartiesUsedInd |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (9 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART 1, LINE 1, DESCRIPTION OF ORGANIZATION MISSION: | Liberty University, Inc. is a distinctively Christian academic community, with the primary mission of providing quality collegiate education. Form 990, Part VI, Section A, Line 1A: THE EXECUTIVE COMMITTEE OF THE BOARD IS THE GOVERNING BODY OF THE ORGANIZATION BETWEEN BOARD MEETINGS WITH POWERS TO DO EVERYTHING THE BOARD CAN DO, EXCEPT CHANGE COMPOSITION OF ANY STANDING COMMITTEE; ADD OR REMOVE TRUSTEES; ESTABLISH BOARD POLICY; RESCIND OR CHANGE PRIOR DECISIONS OF THE BOARD; CHANGE ARTICLES OF INCORPORATION OR BYLAWS; ADOPT COMPENSATION FOR BOARD OR COMMITTEE SERVICE; AND HIRE OR TERMINATE THE PRESIDENT. |
| FORM 990, PART VI, SECTION A, LINE 2: | MR. JERRY FALWELL AND MR. JONATHAN FALWELL CURRENTLY SIT ON THE BOARD OF TRUSTEES AND ARE BROTHERS. MR. TREY FALWELL IS A KEY EMPLOYEE. MR. JERRY FALWELL AND MR. TREY FALWELL ARE FATHER AND SON. MR. JEFFREY F. BENSON AND MRS. GAYE OVERTON BENSON CURRENTLY SIT ON THE BOARD OF TRUSTEES AND ARE HUSBAND AND WIFE. Board members Gilbert Tinney and Will Tinney are father and son. Board members Harvey Gainey and Angela Jordan are father and daughter. Board members David Rhodenhizer and Chris Rhodenhizer are father and son. |
| FORM 990, PART VI, SECTION B, LINE 11B: | THE FORM 990 FOR FY JUNE 30, 2020 WAS PROVIDED BEFORE FILING TO THE acting president, IN-HOUSE LEGAL COUNSEL, CHIEF FINANCIAL OFFICER AND THE EXECUTIVE COMMITTEE OF THE BOARD (WHICH IS THE GOVERNING BODY OF THE ORGANIZATION BETWEEN BOARD MEETINGS) FOR REVIEW. |
| FORM 990, PART VI, SECTION B, LINE 12C: | THE SENIOR VP OF INVESTMENT MANAGEMENT COLLECTS ANNUAL CONFLICT OF INTEREST QUESTIONNAIRES. IF A CONFLICT OF INTEREST ARISES, IT IS HANDLED ON A CASE BY CASE BASIS WHERE LEGAL COUNSEL AND THE PRESIDENT OF THE UNIVERSITY DECIDE ON THE MOST APPROPRIATE COURSE OF ACTION. RECUSAL FROM ANY DELIBERATIONS AND VOTE CONCERNING MATTERS IMPACTED BY THE CONFLICT WOULD BE THE TYPICAL SOLUTION. |
| FORM 990, PART VI, SECTION B, LINE 15: | Compensation of the chancellor/president and other officers and key employees are reviewed when salaries are set and adjusted to determine the reasonableness of the compensation. Compensation is further reviewed during the budgeting process. No one votes on their own salary during the process. |
| FORM 990, PART VI, SECTION C, LINE 19: | Liberty University does not make its governing documents, conflict of interest policy, or financial statements available for public inspection. However, some documents may be available in the public record and/or on the internet. For example, Liberty Universitys Articles of Incorporation are filed with the Virginia State Corporation Commission. |
| FORM 990, PART XI, LINE 9, CHANGES IN NET ASSETS: | Change in Split Interest Agreement 1,800,500 |
| FORM 990, PART XII, LINe 2b | The audit of Liberty University's FY20 financial statements was not yet complete at the time of this filing. |
| Form 990, Part XII, Line 3b | The audit of Liberty University's FY20 audited financial statements was not yet complete at the time of this filing. The University's single audit is not final until audited financial statement is released. |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp (38 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Total IncomeTotalIncomeAmt | End Of Year AssetsEndOfYearAssetsAmt | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt |
|---|---|---|---|---|---|---|---|---|---|
| 4400 Campbell Avenue LLC | |||||||||
| 1971 University Blvd | Lynchburg | VA | 24515 | 540946734 | REAL ESTATE | VA | $0 | $226,262 | Liberty Univ |
| 4414 Campbell Avenue LLC | |||||||||
| 1971 University Blvd | Lynchburg | VA | 24515 | 540946734 | Real Estate | VA | $0 | $225,735 | Liberty Univ |
| 4420 Campbell Avenue LLC | |||||||||
| 1971 University Blvd | Lynchburg | VA | 24515 | 540946734 | Real estate | VA | $0 | $31,649 | Liberty Univ |
| 4132 Richmond Highway LLC | |||||||||
| 1971 University Blvd | Lynchburg | VA | 24515 | 540946734 | Real Estate | VA | $5,400 | $494,898 | Liberty Univ |
| 4180 Richmond Highway LLC | |||||||||
| 1971 University Blvd | Lynchburg | VA | 24515 | 540946734 | REAL ESTATE | VA | $9,000 | $836,588 | Liberty Univ |
| 4228 Richmond Highway LLC | |||||||||
| 1971 University Blvd | Lynchburg | VA | 24515 | 540946734 | REAL ESTATE | VA | $0 | $297,153 | Liberty Univ |
| 4306 Richmond Highway LLC | |||||||||
| 1971 University Blvd | Lynchburg | VA | 24515 | 540946734 | Real Estate | VA | $0 | $437,961 | Liberty Univ |
| 4500 Richmond Highway LLC | |||||||||
| 1971 University Blvd | Lynchburg | VA | 24515 | 540946734 | REAL ESTATE | VA | $0 | $115,471 | Liberty Univ |
| Holcomb Path LLC | |||||||||
| 1971 University Blvd | Lynchburg | VA | 24515 | 540946734 | Real Estate | VA | $0 | $61,188 | Liberty Univ |
| 747 River Road LLC | |||||||||
| 1971 University Blvd | Lynchburg | VA | 24515 | 540946734 | Real Estate | VA | $0 | $61,506 | Liberty Univ |
| Airport Plaza Holdings LLC | |||||||||
| 1971 University Blvd | Lynchburg | VA | 24515 | 471347963 | Real Estate | VA | $562,171 | $7,520,951 | Liberty Univ |
| Burton Realty I LLC | |||||||||
| 1971 University Blvd | Lynchburg | VA | 24515 | 540946734 | REAL ESTATE | VA | $199,859 | $8,170,819 | Liberty Univ |
| Burton Realty II LLC | |||||||||
| 1971 University Blvd | Lynchburg | VA | 24515 | 540946734 | Real Estate | VA | $208,363 | $8,518,514 | Liberty Univ |
| Burton Realty III LLC | |||||||||
| 1971 University Blvd | Lynchburg | VA | 24515 | 540946734 | Real Estate | VA | $4,252 | $173,847 | Liberty Univ |
| Burton Realty IV LLC | |||||||||
| 1971 University Blvd | Lynchburg | VA | 24515 | 540946734 | REAL ESTATE | VA | $4,252 | $173,847 | Liberty Univ |
| Burton Realty V LLC | |||||||||
| 1971 University Blvd | Lynchburg | VA | 24515 | 540946734 | Real estate | VA | $4,252 | $173,847 | Liberty Univ |
| Burton Realty VI LLC | |||||||||
| 1971 University Blvd | Lynchburg | VA | 24515 | 540946734 | REAL ESTATE | VA | $4,252 | $173,847 | Liberty Univ |
| C&C Aviation LLC | |||||||||
| 1971 University Blvd | Lynchburg | VA | 24515 | 540946734 | Univ. Travel | VA | $999,531 | $16,416,448 | Liberty Univ |
| Crossroads Investments LLC | |||||||||
| 1971 University Blvd | Lynchburg | VA | 24515 | 473991939 | REAL ESTATE | VA | $4,050 | $1,405,303 | Liberty Univ |
| Currus Holdings LLC | |||||||||
| 1971 University Blvd | Lynchburg | VA | 24515 | 841924710 | REAL ESTATE | VA | -$74,816 | $4,925,205 | Liberty Univ |
| Eleanor's Bench LLC | |||||||||
| 1971 University Blvd | Lynchburg | VA | 24515 | 540946734 | Student Prod | VA | $0 | $0 | Liberty Univ |
| Ivy Hill Recreation LLC | |||||||||
| 1971 University Blvd | Lynchburg | VA | 24515 | 460903360 | Student Rec | VA | $0 | $0 | Liberty Univ |
| Jerry Falwell Ministries LLC | |||||||||
| 1971 University Blvd | Lynchburg | VA | 24515 | 832633425 | Donations | VA | $0 | $14,663 | Liberty Univ |
| Liberty Health Services LLC | |||||||||
| 1971 University Blvd | Lynchburg | VA | 24515 | 475575947 | health svcs | VA | $74,638 | $2,431,241 | Liberty Univ |
| Liberty Motion Pictures LLC | |||||||||
| 1971 University Blvd | Lynchburg | VA | 24515 | 465653798 | Student Prod | VA | $0 | $11,899 | Liberty Univ |
| Liberty Mountain Medical Group LLC | |||||||||
| 1971 University Blvd | Lynchburg | VA | 24515 | 472935244 | COCA accredia | VA | $581,449 | $1,286,040 | Liberty Univ |
| Liberty Ridge LLC | |||||||||
| 1971 University Blvd | Lynchburg | VA | 24515 | 270714028 | Real Estate | VA | $284,329 | $9,275,754 | Liberty Univ |
| LU Candler's Mountain Road Holdings LLC | |||||||||
| 1971 University Blvd | Lynchburg | VA | 24515 | 540946734 | Real Estate | VA | $83,932 | $5,881,107 | Liberty Univ |
| LU Candlers Station Holdings LLC | |||||||||
| 1971 University Blvd | Lynchburg | VA | 24515 | 271753489 | Real estate | VA | $2,107,051 | $14,098,760 | Liberty Univ |
| LU Plaza Holdings LLC | |||||||||
| 1971 University Blvd | Lynchburg | VA | 24515 | 270217985 | Real Estate | VA | $1,992,706 | $16,617,164 | Liberty Univ |
| LU Wards Road Center Holdings LLC | |||||||||
| 1971 University Blvd | Lynchburg | VA | 24515 | 825392968 | Real Estate | VA | $486,407 | $6,660,032 | Liberty Univ |
| LUCOM Graduate Medical Education Service | |||||||||
| 1971 University Blvd | Lynchburg | VA | 24515 | 831769271 | Med Education | VA | $0 | $0 | Liberty Univ |
| Morning Star Broadcasting LLC | |||||||||
| 1971 University Blvd | Lynchburg | VA | 24515 | 463731118 | TV Broadcasti | VA | $0 | $795,898 | Liberty Univ |
| Philanthropy Lynchburg LLC | |||||||||
| 1971 University Blvd | Lynchburg | VA | 24515 | 364962693 | RETAIL SALES | VA | $0 | $471,012 | LIBERTY UNIV |
| Red Tie Music LLC | |||||||||
| 1971 University Blvd | Lynchburg | VA | 24515 | 461340766 | Student Publi | VA | $45,890 | $145,367 | LIBERTY UNIV |
| River Ridge Mall JV LLC | |||||||||
| 1971 University Blvd | Lynchburg | VA | 24515 | 811762010 | REAL ESTATE | VA | $5,027,250 | $68,084,306 | LIBERTY UNIV |
| Vertical Ventures LLC | |||||||||
| 1971 University Blvd | Lynchburg | VA | 24515 | 540946734 | TELECOM ASSET | VA | $0 | $0 | LIBERTY UNIV |
| CFA-Wards Road LLC | |||||||||
| 1971 University Blvd | Lynchburg | VA | 24515 | 540946734 | real estate | VA | $0 | $0 | Liberty Univ |
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (6 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Exempt Code SectionExemptCodeSectionTxt | Public Charity StatusPublicCharityStatusTxt | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | Controlled OrganizationControlledOrganizationInd |
|---|---|---|---|---|---|---|---|---|---|---|
| THOMAS ROAD BAPTIST CHURCH CORPORATION | ||||||||||
| 1971 UNIVERSITY BLVD | LYNCHBURG | VA | 24515 | 260061907 | RELIGIOUS | VA | 501(C)(3) | LINE 1 | BOARD OF DEA | false |
| OLD TIME GOSPEL HOUR | ||||||||||
| 1971 UNIVERSITY BLVD | LYNCHBURG | VA | 24515 | 237293001 | RELIGIOUS | VA | 501(c)(3) | LINE 10 | LIBERTY UNIV | Yes (true) |
| LIBERTY UNIVERSITY FOUNDATION | ||||||||||
| 1971 UNIVERSITY BLVD | LYNCHBURG | VA | 24515 | 541939910 | RELIGIOUS | DC | 501(C)(3) | LINE 10 | LIBERTY UNIV | Yes (true) |
| LIBERTY CHRISTIAN ACADEMY | ||||||||||
| 1971 UNIVERSITY BLVD | LYNCHBURG | VA | 24515 | 540831546 | EDUCATION | VA | 501(C)(3) | LINE 2 | LIBERTY UNIV | Yes (true) |
| LIBERTY UNIVERSITY ENDOWMENT TRUST | ||||||||||
| 1971 UNIVERSITY BLVD | LYNCHBURG | VA | 24515 | 541851119 | RELIGIOUS | VA | 501(C)(3) | LINE 10 | LIBERTY UNIV | Yes (true) |
| Liberty Broadcasting Network Inc | ||||||||||
| 1971 University Blvd | Lynchburg | VA | 24515 | 541381866 | Religious | VA | 501(c)(3) | Line 10 | Liberty Univ | Yes (true) |
Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp (9 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | Predominant Income TypePredominantIncomeTypeTxt | Share Of Total IncomeShareOfTotalIncomeAmt | Share Of EOY AssetsShareOfEOYAssetsAmt | Disproportionate AllocationsDisproportionateAllocationsInd | General Or Managing PartnerGeneralOrManagingPartnerInd | OwnershipOwnershipPct | UBI Code VUBICodeVAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Permanens Capital Defensive Income Fund | ||||||||||||||
| 545 Madison Avenue 12th Floor | New York | NY | 10022 | 383945161 | INVESTING | DE | Permanens Assoc | EXCLUDED | $5,158,218 | $128,915,668 | false | false | 0.66210 | |
| Permanens Alternative Fund LP | ||||||||||||||
| 545 Madison Avenue 12th Floor | New York | NY | 10022 | 820801083 | INVESTING | DE | Permanens Assoc | EXCLUDED | $1,981,272 | $69,366,451 | false | false | 0.64680 | $46,596 |
| Permanens Capital Equities Fund LP | ||||||||||||||
| 545 Madison Avenue 12th Floor | New York | NY | 10022 | 454748424 | Investing | DE | Permanens Assoc | EXCLUDED | $7,386,078 | $107,017,848 | false | false | 0.77790 | |
| Permanens Capital Floating Rate Fund LP | ||||||||||||||
| 545 Madison Avenue 12th Floor | New York | NY | 10022 | 800939712 | INVESTING | DE | Permanens Assoc | excluded | $1,476,095 | $59,916,991 | false | false | 0.61620 | |
| Permanens Capital Physical Precious Meta | ||||||||||||||
| 545 Madison Avenue 12th Floor | New York | NY | 10022 | 900838101 | Investing | DE | Permanens Assoc | excluded | $248 | $61,521,673 | false | false | 0.79510 | |
| Permanens Non-Agency RMBS Allocation Fun | ||||||||||||||
| 545 Madison Avenue 12th Floor | New York | NY | 10022 | 901003099 | Investing | DE | Permanens Assoc | excluded | $7,744,462 | $170,086,112 | false | false | 0.56180 | |
| Spectrum Capital Securities Institutiona | ||||||||||||||
| 2 High Ridge Park | Stamford | CT | 06905 | 832764754 | Investing | DE | Spectrum Asset | excluded | $2,020,335 | $63,034,153 | false | false | 0.63550 | |
| Usonian Japan Value US Dollar Hedged Fun | ||||||||||||||
| 353 N Clark St Suite 3501 | Chicago | IL | 60654 | 611810824 | Investing | DE | Usonian Investm | EXCLUDED | $988,388 | $11,426,510 | false | false | 0.53730 | |
| Permanens Capital Short Duration High Yi | ||||||||||||||
| 545 Madison Avenue 12th Floor | New York | NY | 10022 | 320476370 | INVESTING | DE | Permanens Assoc | EXCLUDED | $2,327,700 | $56,653,578 | false | false | 0.38820 | |
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | Entity TypeEntityTypeTxt | Share Of Total IncomeShareOfTotalIncomeAmt | Share Of EOY AssetsShareOfEOYAssetsAmt | OwnershipOwnershipPct | Controlled OrganizationControlledOrganizationInd |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| FREEDOM AVIATION INC | ||||||||||||
| 310 HANGAR RD | LYNCHBURG | VA | 24502 | 540755641 | AVIATION | VA | LIBERTY UNIVERS | C CORP | $624,658 | $10,093,301 | 1.00000 | Yes (true) |
| LIBERTY MOUNTAIN CAPITAL INC | ||||||||||||
| 1971 UNIVERSITY BLVD | LYNCHBURG | VA | 24515 | 272376207 | INVESTMENT | VA | LIBERTY UNIVERS | C CORP | -$6,739 | $507,797 | 1.00000 | Yes (true) |
| Liberty Village Community Association | ||||||||||||
| 1971 University Blvd | Lynchburg | VA | 24515 | 862524000 | PROPERTY MGMT | VA | LIBERTY UNIVERS | C CORP | $0 | $0 | 0.60000 | Yes (true) |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | Yes (true) | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | Yes (true) | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | false | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | Yes (true) | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | false | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | false | DivRelatedOrganizationInd |
| Asset Sale To Other Org | false | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | false | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | false | AssetExchangeInd |
| Rental Of Facilities To Oth Org | Yes (true) | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | false | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | false | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | Yes (true) | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | Yes (true) | SharingOfFacilitiesInd |
| Paid Employees Sharing | Yes (true) | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | Yes (true) | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | Yes (true) | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | false | TransferToOtherOrgInd |
| Transfer From Other Org | false | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (5 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| FREEDOM AVIATION | ||
| A | $42,900 | Accrual |
| OLD TIME GOSPEL HOUR | ||
| A | $9,932 | Accrual |
| FREEDOM AVIATION | ||
| J | $25,396 | Accrual |
| FREEDOM AVIATION | ||
| M | $3,660,147 | Accrual |
| FREEDOM AVIATION | ||
| P | $193,436 | Accrual |