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FAIRFIELD UNIVERSITY: Form 990, tax year 2018

View the entire original 990 at ProPublica ↗

Organization
FAIRFIELD UNIVERSITY (EIN 06-0646623)
Tax period
2018-07-01 to 2019-06-30
Filed
2020-06-03
IRS object ID
202001559349301005
Schema version
2018v3.3
Source
Download XML · Original 990 at ProPublica

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

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2020-06-03T11:02:22-05:00ReturnTs
Tax Period End2019-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1KPMG LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1345 Park AvenueAddressLine1Txt
CityNew YorkCityNm
State AbbreviationNYStateAbbreviationCd
ZIP101540102ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2018-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN060646623EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Fairfield UniversityBusinessNameLine1Txt
FieldValueIRS element (for citing)
In Care Of% Michael TrafecanteInCareOfNm
Business Name ControlFAIRBusinessNameControlTxt
Phone2032544000PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11073 NORTH BENSON ROADAddressLine1Txt
CityFAIRFIELDCityNm
State AbbreviationCTStateAbbreviationCd
ZIP068245195ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonMIKE TRAFECANTEPersonNm
Person TitleVP FOR FINANCEPersonTitleTxt
Phone2032544000PhoneNum
Signature2020-06-02SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonPHILLIP GROFFPreparerPersonNm
PTINP01247783PTIN
Phone2127589700PhoneNum
Preparation2020-06-02PreparationDt

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address199.207.253.101IPv4AddressTxt
FieldValueIRS element (for citing)
Federal Original Submission Id13407320201555000000FederalOriginalSubmissionId
Federal Original Submission Id2020-06-03FederalOriginalSubmissionIdDt
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device IdAAE0097B1BC93C87019AE0794913F3C1E354ED8CAtSubmissionCreationDeviceId
At Submission Filing Device Id3334E7B7F03F731422ECC73C4D529CE40FFEDC8CAtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2018TaxYr
Build TS2021-01-29 14:40:06ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerMark R Nemec PHDPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line11073 NORTH BENSON ROADAddressLine1Txt
CityFAIRFIELDCityNm
State AbbreviationCTStateAbbreviationCd
ZIP068245195ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$555,941,445GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.FAIRFIELD.EDUWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1942FormationYr
Legal Domicile StateCTLegalDomicileStateCd
Activity Or MissionFAIRFIELD'S MISSION IS TO DEVELOP THE CREATIVE INTELLECTUAL POTENTIAL OF ITS STUDENTS AND TO FOSTER IN THEM ETHICAL AND RELIGIOUS VALUES AND A SENSE OF SOCIAL RESPONSIBILITY.ActivityOrMissionDesc
Voting Members Governing Body36VotingMembersGoverningBodyCnt
Voting Members Independent35VotingMembersIndependentCnt
Total Employee3194TotalEmployeeCnt
Total Volunteers450TotalVolunteersCnt
Total Gross UBI$501,620TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$23,971,109PYContributionsGrantsAmt
CY Contributions Grants$32,013,407CYContributionsGrantsAmt
PY Program Service Revenue$273,447,672PYProgramServiceRevenueAmt
CY Program Service Revenue$292,687,181CYProgramServiceRevenueAmt
PY Investment Income$6,000,498PYInvestmentIncomeAmt
CY Investment Income$53,133,930CYInvestmentIncomeAmt
PY Other Revenue$598,713PYOtherRevenueAmt
CY Other Revenue$579,007CYOtherRevenueAmt
PY Total Revenue$304,017,992PYTotalRevenueAmt
CY Total Revenue$378,413,525CYTotalRevenueAmt
PY Grants And Similar Paid$80,158,441PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$86,172,784CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$117,360,303PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$126,728,124CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$379,068PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$353,228CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$9,261,239CYTotalFundraisingExpenseAmt
PY Other Expenses$105,289,175PYOtherExpensesAmt
CY Other Expenses$97,622,807CYOtherExpensesAmt
PY Total Expenses$303,186,987PYTotalExpensesAmt
CY Total Expenses$310,876,943CYTotalExpensesAmt
PY Revenues Less Expenses$831,005PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$67,536,582CYRevenuesLessExpensesAmt
Total Assets BOY$929,863,545TotalAssetsBOYAmt
Total Assets EOY$950,209,678TotalAssetsEOYAmt
Total Liabilities BOY$340,636,560TotalLiabilitiesBOYAmt
Total Liabilities EOY$336,428,395TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$589,226,985NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$613,781,283NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionA FAIRFIELD UNIVERSITY EDUCATION HAS BECOME MORE INTEGRATED IN FOCUS, MORE GLOBAL IN OUTLOOK, AND MORE INTERNATIONAL IN ITS STRUCTURE THAN EVER BEFORE IN THE JESUIT TRADITION. SEE SCHEDULE O.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$221,502,319ExpenseAmt
Grant$86,172,784GrantAmt
Revenue$240,312,599RevenueAmt
DescFAIRFIELD UNIVERSITY IS AN INSTITUTE OF HIGHER LEARNING WITH UNDERGRADUATE, GRADUATE, DOCTORATE AND CONTINUING EDUCATION ACADEMIC PROGRAMS INCLUDING STUDENTS RESIDING ON CAMPUS. SEE SCHEDULE O.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$41,003,324ExpenseAmt
Revenue$46,162,370RevenueAmt
DescROOM & BOARD. SEE SCHEDULE O.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$3,300,763ExpenseAmt
Revenue$5,835,781RevenueAmt
DescOTHER ACTIVITIES INCLUDE A VARIETY OF STUDENT SERVICES INCLUDING ARTS AND ENTERTAINMENT AT THE QUICK CENTER, STUDENT ACTIVITIES FOR CLUB SPORTS AND OTHER ITEMS.Desc
FieldValueIRS element (for citing)
Total Program Service Expenses$265,806,406TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredYes (true)ScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesYes (true)LobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsYes (true)ConservationEasementsInd
Collections Of ArtYes (true)CollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Temp Or Permanent EndowmentsYes (true)TempOrPermanentEndowmentsInd
Report Land Building EquipmentYes (true)ReportLandBuildingEquipmentInd
Report Investments Other SecYes (true)ReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesfalseReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (true)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (true)IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtfalseConsolidatedAuditFinclStmtInd
School OperatingYes (true)SchoolOperatingInd
Foreign OfficeYes (true)ForeignOfficeInd
Foreign ActivitiesYes (true)ForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsYes (true)MoreThan5000KToIndividualsInd
Professional FundraisingYes (true)ProfessionalFundraisingInd
Fundraising ActivitiesYes (true)FundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Grants To IndividualsYes (true)GrantsToIndividualsInd
Schedule J RequiredYes (true)ScheduleJRequiredInd
Tax Exempt BondsYes (true)TaxExemptBondsInd
Invest Tax Exempt BondsfalseInvestTaxExemptBondsInd
Escrow AccountfalseEscrowAccountInd
On Behalf Of IssuerfalseOnBehalfOfIssuerInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With Officer EntfalseBusinessRlnWithOfficerEntInd
Deductible Non Cash ContriYes (true)DeductibleNonCashContriInd
Deductible Art ContributionYes (true)DeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityfalseRelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
Info In Schedule O Part VYes (X)InfoInScheduleOPartVInd
IRP Document6251IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (true)BackupWthldComplianceInd
Employee3194EmployeeCnt
Employment Tax Returns FiledYes (true)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitYes (true)UnrelatedBusIncmOverLimitInd
Form990 T FiledYes (true)Form990TFiledInd
Foreign Financial AccountYes (true)ForeignFinancialAccountInd
Foreign CountryITForeignCountryCd
Foreign CountryEIForeignCountryCd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Quid Pro Quo ContributionsYes (true)QuidProQuoContributionsInd
Quid Pro Quo Contri DisclYes (true)QuidProQuoContriDisclInd
Form8282 Property Disposed OffalseForm8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst IncfalseSubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members36GoverningBodyVotingMembersCnt
Independent Voting Member35IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersfalseElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyYes (true)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (true)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (true)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (true)WhistleblowerPolicyInd
Document Retention PolicyYes (true)DocumentRetentionPolicyInd
Compensation Process CEOYes (true)CompensationProcessCEOInd
Compensation Process OtherYes (true)CompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
States Where Copy Of Return Is FldCTStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonMichael TrafecantePersonNm
Phone2032544000PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11073 North Benson RoadAddressLine1Txt
CityFairfieldCityNm
State AbbreviationCTStateAbbreviationCd
ZIP06824ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (47 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtKey EmployeeKeyEmployeeIndHighest Compensated EmployeeHighestCompensatedEmployeeInd
MARK R NEMEC
PRESIDENT45.00.0Yes (X)Yes (X)$620,196$0$99,610
NANCY A ALTOBELLO
TRUSTEE5.00.0Yes (X)$0$0$0
CEASAR N ANQUILLARE
TRUSTEE (THRU 6-30-19)1.00.0Yes (X)$0$0$0
REV JOHN F BALDOVIN SJ
TRUSTEE1.00.0Yes (X)$0$0$0
REV TERRENCE A BAUM SJ
TRUSTEE (THRU 6-30-19)1.00.0Yes (X)$0$0$0
MARK J BECKWITH
TRUSTEE5.00.0Yes (X)$0$0$0
JOSEPH R BRONSON
TRUSTEE1.00.0Yes (X)$0$0$0
KEVIN P CANNON
TRUSTEE1.00.0Yes (X)$0$0$0
CARLOS M CARDOSO
TRUSTEE5.00.0Yes (X)$0$0$0
FRANK J CARROLL III
TRUSTEE5.00.0Yes (X)$0$0$0
REV GEORGE E COLLINS
TRUSTEE1.00.0Yes (X)$0$0$0
TIMOTHY J CONWAY
TRUSTEE (THRU 6-30-19)1.00.0Yes (X)$0$0$0
WILLIAM C CRAGER
TRUSTEE1.00.0Yes (X)$0$0$0
MARY R CUNNINGHAM
TRUSTEE (AS OF 7-1-18)1.00.0Yes (X)$0$0$0
SHEILA K DAVIDSON
TRUSTEE5.00.0Yes (X)$0$0$0
CHRISTOPHER C DESMARAIS
TRUSTEE5.00.0Yes (X)$0$0$0
REV TERRENCE P DEVINO SJ
TRUSTEE5.00.0Yes (X)$0$0$0
PATRICIA GLASSFORD
TRUSTEE (AS OF 7-1-18)1.00.0Yes (X)$0$0$0
DOUGLAS W HAMMOND
TRUSTEE1.00.0Yes (X)$0$0$0
BRIAN P HULL
TRUSTEE (AS OF 7-1-18)1.00.0Yes (X)$0$0$0
REV GREGORY KALSCHEUR SJ
TRUSTEE1.00.0Yes (X)$0$0$0
ROBIN KANAREK
TRUSTEE (THRU 6-30-19)1.00.0Yes (X)$0$0$0
SUSAN R KING MA
TRUSTEE (THRU 6-30-19)1.00.0Yes (X)$0$0$0
CLAIRE KNOPF
TRUSTEE1.00.0Yes (X)$0$0$0
STEPHEN M LESSING
TRUSTEE1.00.0Yes (X)$0$0$0
SHELAGH MAHONEY-MCNAMEE
TRUSTEE (AS OF 7-1-18)1.00.0Yes (X)$0$0$0
ANDREW J MCMAHON
TRUSTEE5.00.0Yes (X)$0$0$0
JOHN MEDITZ
TRUSTEE1.00.0Yes (X)$0$0$0
ELNER MORRELL
TRUSTEE1.00.0Yes (X)$0$0$0
ROBERT MURPHY JR
TRUSTEE5.00.0Yes (X)$0$0$0
GAVIN G O'CONNOR
TRUSTEE1.00.0Yes (X)$0$0$0
BIFF J O'REILLY
TRUSTEE5.00.0Yes (X)$0$0$0
REV STEPHEN A PRIVETT SJ
TRUSTEE5.00.0Yes (X)$0$0$0
CHRISTOPHER C QUICK
TRUSTEE1.00.0Yes (X)$0$0$0
KATIE J ROBINSON
TRUSTEE1.00.0Yes (X)$0$0$0
ROSELLEN W SCHNURR
TRUSTEE (AS OF 7-1-18)1.00.0Yes (X)$0$0$0
MARIANNE D WEBER
TRUSTEE (THRU 9-27-18)1.00.0Yes (X)$0$0$0
MICHAEL TRAFECANTE
TREASURER45.00.0Yes (X)$276,620$0$149,560
KRISTINE CARROLL
SECRETARY45.00.0Yes (X)$71,226$0$42,258
KEVIN LAWLOR
EXECUTIVE VICE PRESIDENT45.00.0$396,515$0$195,775Yes (X)
RICHARD GREENWALD
DEAN, SCHOOL OF CAS45.00.0$230,426$0$67,768Yes (X)
CHRISTINE SIEGEL
PROVOST45.00.0$303,323$0$73,436Yes (X)
WALTER HALAS
VP OF ADVANCEMENT45.00.0$292,896$0$77,232Yes (X)
SYDNEY JOHNSON
HEAD MBB COACH (THRU 4-30-19)45.00.0$553,496$0$81,729Yes (X)
PAUL SCHLICKMANN
DIRECTOR OF ATHLETICS45.00.0$302,861$0$74,593Yes (X)
JOSEPH FRAGER
HEAD WBB COACH45.00.0$227,588$0$69,562Yes (X)
JONATHAN CARROLL
CHIEF INFORMATION OFFICER45.00.0$232,998$0$70,161Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$3,508,145TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$1,001,684TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K185IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (true)TotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
GILBANE BUILDING COMPANY
7 JACKSON WALKWAYPROVIDENCERI02903CONSTRUCTION$33,985,871
SODEXO OPERATIONS LLC
PO BOX 352BUFFALONY14240DINING SERVICE$13,377,033
CONSIGLI CONSTRUCTION INC
100 ALLYN ST FL 4HARTFORDCT06103CONSTRUCTION$8,530,732
ABM INDUSTRY GROUP LLC
PO BOX 1534NEW YORKNY10008CUSTODIAL SERVICES$4,119,062
PAC GROUP LLC
126 SOUTH MAIN STREETTORRINGTONCT06790CONSTRUCTION$2,462,564
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K111CntrctRcvdGreaterThan100KCnt
Fundraising$537,930FundraisingAmt
Government Grants$3,750,740GovernmentGrantsAmt
All Other Contributions$27,724,737AllOtherContributionsAmt
Noncash Contributions$4,459,093NoncashContributionsAmt
Total Contributions$32,013,407TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (4 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmtUnrelated Business RevenueUnrelatedBusinessRevenueAmt
Tuition & Fees611600$240,312,599$240,312,599
Auxiliary Services721000$46,162,370$46,162,370
Other Program Services900099$4,823,289$4,823,289
Summer Conferences900099$1,388,923$1,012,492$376,431
FieldValueIRS element (for citing)
Total Program Service Revenue$292,687,181TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$6,539,344TotalRevenueColumnAmt
Unrelated Business Revenue$203,307UnrelatedBusinessRevenueAmt
Exclusion$6,336,037ExclusionAmt

Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp

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

Royalties Revenue RoyaltiesRevenueGrp

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

Gross Rents GrossRentsGrp

FieldValueIRS element (for citing)
Real$1,432,298RealAmt

Less Rental Expenses LessRentalExpensesGrp

FieldValueIRS element (for citing)
Real$853,291RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real$579,007RealAmt
Personal$0PersonalAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$579,007TotalRevenueColumnAmt
Unrelated Business Revenue-$78,118UnrelatedBusinessRevenueAmt
Exclusion$657,125ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$222,908,793SecuritiesAmt
Other$185,477OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$170,524,776SecuritiesAmt
Other$5,974,908OtherAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$52,384,017SecuritiesAmt
Other-$5,789,431OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$46,594,586TotalRevenueColumnAmt
Exclusion$46,594,586ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$174,945FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event$537,930ContriRptFundraisingEventAmt
Fundraising Direct Expenses$174,945FundraisingDirectExpensesAmt
Gaming Gross Income$0GamingGrossIncomeAmt
Gaming Direct Expenses$0GamingDirectExpensesAmt

Net Income From Gaming NetIncomeFromGamingGrp

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

Net Income Or Loss NetIncomeOrLossGrp

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

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$378,413,525TotalRevenueColumnAmt
Related Or Exempt Func Income$292,310,750RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$501,620UnrelatedBusinessRevenueAmt
Exclusion$53,587,748ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt
Program Services$0ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$81,304,481TotalAmt
Program Services$81,304,481ProgramServicesAmt

Foreign Grants ForeignGrantsGrp

FieldValueIRS element (for citing)
Total$4,868,303TotalAmt
Program Services$4,868,303ProgramServicesAmt

Benefits To Members BenefitsToMembersGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$2,936,385TotalAmt
Program Services$1,438,607ProgramServicesAmt
Management And General$1,215,780ManagementAndGeneralAmt
Fundraising$281,998FundraisingAmt

Comp Disqual Persons CompDisqualPersonsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$89,586,635TotalAmt
Program Services$72,024,427ProgramServicesAmt
Management And General$13,291,563ManagementAndGeneralAmt
Fundraising$4,270,645FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$5,775,039TotalAmt
Program Services$4,036,594ProgramServicesAmt
Management And General$1,354,087ManagementAndGeneralAmt
Fundraising$384,358FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$22,484,540TotalAmt
Program Services$17,442,631ProgramServicesAmt
Management And General$3,501,705ManagementAndGeneralAmt
Fundraising$1,540,204FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$5,945,525TotalAmt
Program Services$4,406,582ProgramServicesAmt
Management And General$1,212,239ManagementAndGeneralAmt
Fundraising$326,704FundraisingAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$805,403TotalAmt
Program Services$23,397ProgramServicesAmt
Management And General$782,006ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$253,051TotalAmt
Management And General$253,051ManagementAndGeneralAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Services Prof Fundraising FeesForServicesProfFundraising

FieldValueIRS element (for citing)
Total$353,228TotalAmt
Fundraising$353,228FundraisingAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$176,588TotalAmt
Management And General$176,288ManagementAndGeneralAmt
Fundraising$300FundraisingAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$14,386,406TotalAmt
Program Services$13,053,887ProgramServicesAmt
Management And General$1,332,519ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$1,536,795TotalAmt
Program Services$460,664ProgramServicesAmt
Management And General$1,037,571ManagementAndGeneralAmt
Fundraising$38,560FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$6,358,604TotalAmt
Program Services$4,962,069ProgramServicesAmt
Management And General$802,112ManagementAndGeneralAmt
Fundraising$594,423FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$4,226,284TotalAmt
Program Services$1,508,183ProgramServicesAmt
Management And General$2,641,238ManagementAndGeneralAmt
Fundraising$76,863FundraisingAmt

Royalties RoyaltiesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$8,875,537TotalAmt
Program Services$8,354,699ProgramServicesAmt
Management And General$520,600ManagementAndGeneralAmt
Fundraising$238FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$7,094,324TotalAmt
Program Services$5,715,963ProgramServicesAmt
Management And General$716,692ManagementAndGeneralAmt
Fundraising$661,669FundraisingAmt

Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$239,629TotalAmt
Program Services$159,486ProgramServicesAmt
Management And General$68,936ManagementAndGeneralAmt
Fundraising$11,207FundraisingAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$11,492,075TotalAmt
Program Services$10,808,211ProgramServicesAmt
Management And General$653,306ManagementAndGeneralAmt
Fundraising$30,558FundraisingAmt

Payments To Affiliates PaymentsToAffiliatesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$20,277,733TotalAmt
Program Services$18,967,776ProgramServicesAmt
Management And General$1,146,515ManagementAndGeneralAmt
Fundraising$163,442FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$1,301,184TotalAmt
Program Services$191,232ProgramServicesAmt
Management And General$1,109,494ManagementAndGeneralAmt
Fundraising$458FundraisingAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
Maintenance and Equipment$5,406,482$4,712,881$396,185$297,416
Consultants & honoraria$3,810,178$2,227,348$1,483,324$99,506
International Tuition$6,214,598$5,962,947$251,651
Library Acquisitions$969,802$967,243$2,559

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$4,198,134TotalAmt
Program Services$2,208,795ProgramServicesAmt
Management And General$1,859,877ManagementAndGeneralAmt
Fundraising$129,462FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$310,876,943TotalAmt
Program Services$265,806,406ProgramServicesAmt
Management And General$35,809,298ManagementAndGeneralAmt
Fundraising$9,261,239FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$464,791BOYAmt
EOY$2,542EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$60,010,419BOYAmt
EOY$53,018,232EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$43,625,096BOYAmt
EOY$38,326,175EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$3,498,403BOYAmt
EOY$3,317,982EOYAmt

Receivables From Officers Etc ReceivablesFromOfficersEtcGrp

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

Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp

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

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

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

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

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

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$688,088,009LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$261,124,458LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$378,966,110BOYAmt
EOY$426,963,551EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$322,726,088BOYAmt
EOY$326,520,552EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$67,762,330BOYAmt
EOY$71,358,169EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

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

Intangible Assets IntangibleAssetsGrp

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

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$52,810,308BOYAmt
EOY$30,702,475EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$929,863,545BOYAmt
EOY$950,209,678EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$43,930,703BOYAmt
EOY$45,281,526EOYAmt

Grants Payable GrantsPayableGrp

FieldValueIRS element (for citing)
BOY$2,327,481BOYAmt
EOY$2,340,889EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$18,370,347BOYAmt
EOY$15,028,913EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$276,008,029BOYAmt
EOY$273,777,067EOYAmt

Escrow Account Liability EscrowAccountLiabilityGrp

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

Loans From Officers Directors LoansFromOfficersDirectorsGrp

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

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

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

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

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

Other Liabilities OtherLiabilitiesGrp

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

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$340,636,560BOYAmt
EOY$336,428,395EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$305,651,390BOYAmt
EOY$310,102,637EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$130,316,218BOYAmt
EOY$141,970,130EOYAmt

Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$153,259,377BOYAmt
EOY$161,708,516EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$589,226,985BOYAmt
EOY$613,781,283EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$929,863,545BOYAmt
EOY$950,209,678EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss$67,536,582ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst-$42,839,298NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets-$142,986OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedYes (true)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

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

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
SchoolYes (X)SchoolInd

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$26,696,203CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$29,558,321CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$64,185,723CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$23,971,109CurrentTaxYearMinus1YearAmt
Current Tax Year$32,013,407CurrentTaxYearAmt
Total$176,424,763TotalAmt

Tax Rev Levied Orgnztnl Bnft170 TaxRevLeviedOrgnztnlBnft170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$26,696,203CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$29,558,321CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$64,185,723CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$23,971,109CurrentTaxYearMinus1YearAmt
Current Tax Year$32,013,407CurrentTaxYearAmt
Total$176,424,763TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$42,431,337SubstantialContributorsTotAmt
Public Support Total170$133,993,426PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$5,337,222CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$5,617,104CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$5,071,659CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$8,509,434CurrentTaxYearMinus1YearAmt
Current Tax Year$7,971,642CurrentTaxYearAmt
Total$32,507,061TotalAmt

Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$775,415CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$409,033CurrentTaxYearMinus3YearsAmt
Total$1,184,448TotalAmt
FieldValueIRS element (for citing)
Total Support$210,116,272TotalSupportAmt
Gross Receipts Rltd Activities$1,326,323,477GrossReceiptsRltdActivitiesAmt
Public Support CY1700.63771PublicSupportCY170Pct
Public Support PY1700.63640PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

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

Schedule C IRS990ScheduleC

FieldValueIRS element (for citing)
Total Grassroots LobbyingTotalGrassrootsLobbyingGrp
Total Direct LobbyingTotalDirectLobbyingGrp
Total Lobbying ExpendTotalLobbyingExpendGrp
Other Exempt Purpose ExpendOtherExemptPurposeExpendGrp
Total Exempt Purpose ExpendTotalExemptPurposeExpendGrp
Lobbying Nontaxable AmountLobbyingNontaxableAmountGrp
Grassroots NontaxableGrassrootsNontaxableGrp
Tot Lbbyng Grassroot Mns Non TxTotLbbyngGrassrootMnsNonTxGrp
Tot Lbby Expend Mns Lbbyng Non TxTotLbbyExpendMnsLbbyngNonTxGrp
VolunteersfalseVolunteersInd
Paid Staff Or ManagementfalsePaidStaffOrManagementInd
Media AdvertisementsfalseMediaAdvertisementsInd
Mailings MembersfalseMailingsMembersInd
Publications Or BroadcastfalsePublicationsOrBroadcastInd
Grants Other OrganizationsfalseGrantsOtherOrganizationsInd
Direct Contact LegislatorsfalseDirectContactLegislatorsInd
Rallies DemonstrationsfalseRalliesDemonstrationsInd
Other ActivitiesYes (true)OtherActivitiesInd
Not Described Section501c3falseNotDescribedSection501c3Ind

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE C, PART II-B, LINE 1FormAndLineReferenceDesc
ExplanationFAIRFIELD UNIVERSITY MAY INDIRECTLY INCUR LOBBYING EXPENSE THROUGH DUES PAID TO OTHER ORGANIZATIONS.ExplanationTxt

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Protection Natural HabitatYes (X)ProtectionNaturalHabitatInd
Total Easements9TotalEasementsCnt
Total Acreage30.00TotalAcreageCnt
Historic Strctr Easements Aftr2HistoricStrctrEasementsAftrCnt
States Easements Held1StatesEasementsHeldCnt
Written Policy MonitoringYes (true)WrittenPolicyMonitoringInd
Staff Hours Spent Enforcement65.00StaffHoursSpentEnforcementCnt
Expenses Incurred Enforcement$40,000ExpensesIncurredEnforcementAmt
Section170h Rqr StsfdfalseSection170hRqrStsfdInd
Art Public Exhibition AmountsArtPublicExhibitionAmountsGrp
Held Works ArtHeldWorksArtGrp
Collection Used Pub ExhibitionYes (X)CollectionUsedPubExhibitionInd
Coll Used Scholarly RsrchYes (X)CollUsedScholarlyRsrchInd
Collection Used PreservationYes (X)CollectionUsedPreservationInd
Coll Used Loan Or Exch ProgYes (X)CollUsedLoanOrExchProgInd
Solicited Assets SalefalseSolicitedAssetsSaleInd

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$371,182,676BeginningYearBalanceAmt
Contributions$8,226,618ContributionsAmt
Investment Earnings Or Losses$14,081,047InvestmentEarningsOrLossesAmt
Grants Or Scholarships$4,407,492GrantsOrScholarshipsAmt
Other Expenditures$6,465,466OtherExpendituresAmt
Administrative Expenses$166,865AdministrativeExpensesAmt
End Year Balance$382,450,518EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$355,306,266BeginningYearBalanceAmt
Contributions$6,966,222ContributionsAmt
Investment Earnings Or Losses$25,695,257InvestmentEarningsOrLossesAmt
Grants Or Scholarships$3,856,209GrantsOrScholarshipsAmt
Other Expenditures$12,497,141OtherExpendituresAmt
Administrative Expenses$431,719AdministrativeExpensesAmt
End Year Balance$371,182,676EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$316,913,844BeginningYearBalanceAmt
Contributions$6,966,058ContributionsAmt
Investment Earnings Or Losses$42,738,641InvestmentEarningsOrLossesAmt
Grants Or Scholarships$4,138,098GrantsOrScholarshipsAmt
Other Expenditures$6,544,540OtherExpendituresAmt
Administrative Expenses$629,639AdministrativeExpensesAmt
End Year Balance$355,306,266EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$324,498,896BeginningYearBalanceAmt
Contributions$5,909,462ContributionsAmt
Investment Earnings Or Losses-$1,112,030InvestmentEarningsOrLossesAmt
Grants Or Scholarships$4,354,070GrantsOrScholarshipsAmt
Other Expenditures$8,028,414OtherExpendituresAmt
End Year Balance$316,913,844EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$321,418,792BeginningYearBalanceAmt
Contributions$5,462,179ContributionsAmt
Investment Earnings Or Losses$8,949,982InvestmentEarningsOrLossesAmt
Grants Or Scholarships$4,664,316GrantsOrScholarshipsAmt
Other Expenditures$6,667,741OtherExpendituresAmt
End Year Balance$324,498,896EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY0.39720BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY0.42280PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY0.18000TermEndowmentBalanceEOYPct
Endowments Held Unrelated OrgfalseEndowmentsHeldUnrelatedOrgInd
Endowments Held Related OrgfalseEndowmentsHeldRelatedOrgInd

Land LandGrp

FieldValueIRS element (for citing)
Investment Cost Or Other Basis$0InvestmentCostOrOtherBasisAmt
Other Cost Or Other Basis$8,195,021OtherCostOrOtherBasisAmt
Book Value$8,195,021BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Investment Cost Or Other Basis$0InvestmentCostOrOtherBasisAmt
Other Cost Or Other Basis$528,093,471OtherCostOrOtherBasisAmt
Depreciation$194,507,124DepreciationAmt
Book Value$333,586,347BookValueAmt
FieldValueIRS element (for citing)
Leasehold ImprovementsLeaseholdImprovementsGrp

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Investment Cost Or Other Basis$0InvestmentCostOrOtherBasisAmt
Other Cost Or Other Basis$75,963,072OtherCostOrOtherBasisAmt
Depreciation$60,330,821DepreciationAmt
Book Value$15,632,251BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Investment Cost Or Other Basis$0InvestmentCostOrOtherBasisAmt
Other Cost Or Other Basis$75,836,445OtherCostOrOtherBasisAmt
Depreciation$6,286,513DepreciationAmt
Book Value$69,549,932BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$426,963,551TotalBookValueLandBuildingsAmt
Financial DerivativesFinancialDerivativesGrp
Closely Held Equity InterestsCloselyHeldEquityInterestsGrp

Other Securities OtherSecuritiesGrp (3 entries)

DescDescBook ValueBookValueAmtMethod ValuationMethodValuationCd
PRIVATE EQUITY AND OTHER$18,098,760F
EQUITY FUNDS (NONREGISTERED)$24,821,609F
HEDGE FUND OF FUNDS$28,437,800F
FieldValueIRS element (for citing)
Total Book Value Securities$71,358,169TotalBookValueSecuritiesAmt
Federal Income Tax Liability$0FederalIncomeTaxLiabilityAmt
Total Liability$0TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$250,077,988TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst-$42,839,298NetUnrealizedGainsInvstAmt
Other Revenue-$85,287,533OtherRevenueAmt
Revenue Not Reported-$128,126,831RevenueNotReportedAmt
Revenue Subtotal$378,204,819RevenueSubtotalAmt
Investment Expenses Not Incld$208,706InvestmentExpensesNotIncldAmt
Revenue Not Reported Fincl Stmt$208,706RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$378,413,525TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$225,523,690TotExpnsEtcAuditedFinclStmtAmt
Other Expenses Included-$85,144,547OtherExpensesIncludedAmt
Expenses Not Reported-$85,144,547ExpensesNotReportedAmt
Expenses Subtotal$310,668,237ExpensesSubtotalAmt
Investment Expenses Not Incld2$208,706InvestmentExpensesNotIncld2Amt
Expenses Not Rpt Fincl Stmt$208,706ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$310,876,943TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
SCHEDULE D, PART III, LINE 1ASFAS 116 (ASC 958) FOOTNOTE THE ART COLLECTIONS ARE DONATED TO THE UNIVERSITY AND NOT RECOGNIZED IN THE ASSETS OF THE BALANCE SHEET. THE AUDITED FINANCIAL STATEMENTS DO NOT HAVE A FOOTNOTE REGARDING THE COLLECTIONS.
SCHEDULE D, PART III, LINE 4 ORGANIZATION'S COLLECTIONSTHE ART COLLECTIONS ARE IMPORTANT CULTURAL RESOURCES OF THE UNIVERSITY, PROVIDING ARTS AND ACADEMIC ENRICHMENT TO THE STUDENTS, FACULTY, LOCAL COMMUNITY, AND INTERNATIONAL SCHOLARLY COMMUNITY. THE COLLECTIONS ARE HOUSED AT THE LUKACS GALLERY, THOMAS J WALSH ART GALLERY, THE BELLARMINE MUSEUM & VARIOUS LOCATIONS ON CAMPUS. A WEBSITE HAS BEEN DESIGNED TO GIVE ACCESS TO THESE WORKS OF ART, COLLECTIONS AND VENUES AND TO PROVIDE HISTORICAL AND TECHNICAL INFORMATION ON THE WORKS. THE BELLARMINE MUSEUM IS DEDICATED TO PRESERVING, STUDYING, AND EXHIBITING THOSE OBJECTS ENTRUSTED TO ITS CARE, WHILE NEVER LOSING SIGHT OF ITS OBLIGATION TO EDUCATE AND INSPIRE ITS MANY AUDIENCES, FOR THE GREATER ENRICHMENT OF ALL. THE MUSEUM IS OPEN TO THE PUBLIC AND FREE OF CHARGE.
SCHEDULE D, PART V, LINE 4THE UNIVERSITY'S ENDOWMENT IS AN AGGREGATION OF GIFTS PROVIDED BY DONORS WITH THE REQUIREMENT THE GIFTS BE HELD IN PERPETUITY TO GENERATE EARNINGS NOW AND IN FUTURE YEARS TO SUPPORT THE UNIVERSITY'S PROGRAMS OF INSTRUCTION, RESEARCH AND PUBLIC SERVICE AND FUNDS DESIGNATED BY THE BOARD OF TRUSTEES TO FUNCTION AS ENDOWMENT. EARNINGS FROM ENDOWMENT INVESTMENTS SUPPORT SCHOLARSHIPS, CHAIRS, PROFESSORSHIPS, FELLOWSHIPS, BASIC RESEARCH, AS WELL AS ACADEMIC AND PUBLIC SERVICE PROGRAMS. THE ENDOWMENT SHOULD PROVIDE STABILITY SINCE THE PRINCIPAL IS INVESTED AND EARNINGS ARE GENERATED YEAR AFTER YEAR. NET ASSETS ASSOCIATED WITH ENDOWMENT FUNDS, INCLUDING FUNDS DESIGNATED BY THE BOARD OF TRUSTEES TO FUNCTION AS ENDOWMENTS, ARE CLASSIFIED AND REPORTED BASED ON THE EXISTENCE OR ABSENCE OF DONOR-IMPOSED RESTRICTIONS.
SCHEDULE D, PART X, LINE 2THE UNIVERSITY IS A NOT-FOR-PROFIT CORPORATION AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE CODE) AND IS GENERALLY EXEMPT FROM INCOME TAXES ON RELATED INCOME PURSUANT TO SECTION 501(A) OF THE CODE. THE UNIVERSITY RECOGNIZES THE EFFECTS OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT OF BEING SUSTAINED. THE UNIVERSITY EVALUATES, ON AN ANNUAL BASIS, THE EFFECTS OF ANY UNCERTAIN TAX POSITIONS ON ITS FINANCIAL STATEMENTS. AS OF JUNE 30, 2019, THE UNIVERSITY HAS NOT IDENTIFIED OR PROVIDED FOR ANY SUCH POSITIONS.
SCHEDULE D, PART XI, LINE 2DOTHER AMOUNTS INCLUDED ON LINE 1 BUT NOT ON FORM 990, PART VIII, LINE 12: STUDENT FINANCIAL AID $(86,172,784) VALUE IN SPLIT INTEREST AGREEMENT $ (142,986) RENTAL EXPENSE 853,291 FUNDRAISING EXPENSE 174,945 ROUNDING 1 ------------- $(85,287,533)
SCHEDULE D, PART XII, LINE 2DOTHER AMOUNTS INCLUDED ON LINE 1 BUT NOT ON FORM 990, PART IX, LINE 25: STUDENT FINANCIAL AID $ 86,172,784 RENTAL EXPENSE (853,291) FUNDRAISING EXPENSE (174,945) ROUNDING 1 ------------- $ 85,144,547

Schedule E IRS990ScheduleE

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

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
SCHEDULE E, PART I, LINE 3FAIRFIELD UNIVERSITY ADMITS STUDENTS OF ANY SEX, RACE, COLOR, MARITAL STATUS, SEXUAL ORIENTATION, RELIGION, AGE, NATIONAL ORIGIN OR ANCESTRY, DISABILITY OR HANDICAP TO ALL THE RIGHTS, PRIVILEGES, PROGRAMS, AND ACTIVITIES GENERALLY ACCORDED OR MADE AVAILABLE TO STUDENTS OF THE UNIVERSITY. IT DOES NOT DISCRIMINATE ON THE BASIS OF SEX, RACE, COLOR, MARITAL STATUS, SEXUAL ORIENTATION, GENDER IDENTITY, VETERAN'S STATUS, POLITICAL IDEOLOGY, RELIGION, AGE, NATIONAL ORIGIN OR ANCESTRY, DISABILITY OR HANDICAP IN ADMINISTRATION OF ITS EDUCATIONAL POLICIES, ADMISSIONS POLICIES, EMPLOYMENT POLICIES, SCHOLARSHIP AND LOAN PROGRAMS, ATHLETIC PROGRAMS, OR OTHER UNIVERSITY-ADMINISTERED PROGRAMS. THIS INFORMATION IS OUTLINED ON FAIRFIELD UNIVERSITY'S PUBLIC WEBSITE.
SCHEDULE E, PART I, LINE 6FAIRFIELD UNIVERSITY RECEIVES GRANTS, AWARDS AND FINANCIAL ASSISTANCE FOR ITS STUDENTS FROM VARIOUS GOVERNMENTAL AGENCIES. THE UNIVERSITY HAS ALWAYS BEEN IN GOOD STANDING AND THE RIGHT TO RECEIVE SUCH AID HAS NEVER BEEN REVOKED OR SUSPENDED.

Schedule F IRS990ScheduleF

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

Account Activities Outside US AccountActivitiesOutsideUSGrp (17 entries)

RegionRegionTxtOfficesOfficesCntEmployeeEmployeeCntType Of Activities ConductedTypeOfActivitiesConductedTxtSpecific Services ProvidedSpecificServicesProvidedTxtRegion Total ExpendituresRegionTotalExpendituresAmt
Europe (Including Iceland and Greenland)24Program ServicesStudy Abroad Program$5,636,102
East Asia and the PacificProgram ServicesStudy Abroad Program$333,600
Central America and the CaribbeanProgram ServicesStudy Abroad Program$6,220
South AmericaProgram ServicesStudy Abroad Program$66,633
Middle East and North AfricaProgram ServicesStudy Abroad Program$16,683
Russia and the Newly Independent StatesProgram ServicesStudy Abroad Program$10,861
Central America and the CaribbeanGrantmaking$88,080
East Asia and the PacificGrantmaking$1,625,277
Europe (Including Iceland and Greenland)Grantmaking$1,712,728
North AmericaGrantmaking$574,074
South AmericaGrantmaking$209,240
South AsiaGrantmaking$93,190
Sub-Saharan AfricaGrantmaking$241,324
Middle East and North AfricaGrantmaking$140,260
Russia and the Newly Independent StatesGrantmaking$184,130
Central America and the CaribbeanInvestments$33,987,685
Europe (Including Iceland and Greenland)Investments$1,598,156
FieldValueIRS element (for citing)
Subtotal Offices2SubtotalOfficesCnt
Subtotal Employees4SubtotalEmployeesCnt
Total Office2TotalOfficeCnt
Total Employee4TotalEmployeeCnt
Subtotal Spent$46,524,243SubtotalSpentAmt
Total Spent$46,524,243TotalSpentAmt

Foreign Individuals Grants ForeignIndividualsGrantsGrp (9 entries)

Type Of AssistanceTypeOfAssistanceTxtRegionRegionTxtRecipientRecipientCntCash GrantCashGrantAmt
SCHOLARSHIPCentral America and the Caribbean2$88,080
SCHOLARSHIPEast Asia and the Pacific41$1,625,277
SCHOLARSHIPEurope (Including Iceland and Greenland)30$1,712,728
SCHOLARSHIPNorth America12$574,074
SCHOLARSHIPSouth America4$209,240
SCHOLARSHIPSouth Asia3$93,190
SCHOLARSHIPSub-Saharan Africa6$241,324
SCHOLARSHIPMiddle East and North Africa2$140,260
SCHOLARSHIPRussia and the Newly Independent States4$184,130
FieldValueIRS element (for citing)
Transfer To Foreign CorpYes (true)TransferToForeignCorpInd
Interest In Foreign TrustfalseInterestInForeignTrustInd
Foreign Corp OwnershipYes (true)ForeignCorpOwnershipInd
Passive Foreign Investmest CoYes (true)PassiveForeignInvestmestCoInd
Foreign PartnershipYes (true)ForeignPartnershipInd
Boycott CountriesYes (true)BoycottCountriesInd

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
SCHEDULE F, PART 1, LINE 1THE UNIVERSITY HAS IN PLACE INTERNAL CONTROLS TO ENSURE AMOUNTS ARE AWARDED TO STUDENTS WHO CONTINUE TO MEET & MAINTAIN ELIGIBILITY REQUIREMENTS, THESE INTERNAL CONTROLS ARE ADMINISTRATED BY THE UNIVERSITY'S FINANCIAL AID OFFICE.
SCHEDULE F, PART 1, LINE 3STUDY ABROAD PROGRAMS AND GRANTMAKING ARE REPORTED ON THE ACCRUAL METHOD. INVESTMENTS ARE REPORTED AT FAIR MARKET VALUE.
SCHEDULE F- GRANTMAKINGTHE UNIVERSITY OFFERS FINANCIAL ASSISTANCE IN THE FORM OF LOANS, GRANTS, EMPLOYMENT (WORK STUDY) AND SCHOLARSHIPS. THE AWARDS ARE AWARDED TO STUDENTS MEETING CERTAIN ELIGIBILITY REQUIREMENTS. THE PROGRAMS ARE ADMINISTERED BY THE FINANCIAL AID OFFICE.

Schedule G IRS990ScheduleG

FieldValueIRS element (for citing)
Mail SolicitationsYes (X)MailSolicitationsInd
Email SolicitationsYes (X)EmailSolicitationsInd
Phone SolicitationsYes (X)PhoneSolicitationsInd
In Person SolicitationsYes (X)InPersonSolicitationsInd
Solicitation Of Non Govt GrantsYes (X)SolicitationOfNonGovtGrantsInd
Special Fundraising EventsYes (X)SpecialFundraisingEventsInd
Agrmt Prof Fundraising ActyYes (true)AgrmtProfFundraisingActyInd

Fundraiser Activity Info FundraiserActivityInfoGrp (3 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdActivityActivityTxtFundraiser Control Of FundsFundraiserControlOfFundsIndGross ReceiptsGrossReceiptsAmtRetained By ContractorRetainedByContractorAmtNet To OrganizationNetToOrganizationAmt
RUFFALO CODY
PO BOX 718DES MOINESIA503030718EXTERNAL DBfalse$99,626$23,145$76,481
COMMUNITY COUNSELING SERV
PO BOX 824885PHILADELPHIAPA191824885CAMPAIGN CONSULTINGfalse$300,000-$300,000
GIVECAMPUS INC
903 G ST SEWASHINGTONDC20003EXTERNAL WEBSITEfalse$264,953$30,083$234,870
FieldValueIRS element (for citing)
Total Gross Receipts$364,579TotalGrossReceiptsAmt
Total Retained By Contractors$353,228TotalRetainedByContractorsAmt
Total Net To Organization$11,351TotalNetToOrganizationAmt

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1Alumni Awrd DinEvent1Nm
Gross Receipts Event1$712,875GrossReceiptsEvent1Amt
Charitable Contri Event1$537,930CharitableContriEvent1Amt
Gross Revenue Event1$174,945GrossRevenueEvent1Amt
Rent Facility Costs Event1$15,818RentFacilityCostsEvent1Amt
Food And Beverage Event1$115,890FoodAndBeverageEvent1Amt
Other Direct Expenses Event1$43,237OtherDirectExpensesEvent1Amt
Other Events Total0OtherEventsTotalCnt
Gross Receipts Total$712,875GrossReceiptsTotalAmt
Charitable Contributions Tot$537,930CharitableContributionsTotAmt
Gross Revenue Total Events$174,945GrossRevenueTotalEventsAmt
Rent Fclty Costs Total Events$15,818RentFcltyCostsTotalEventsAmt
Food And Beverage Total Events$115,890FoodAndBeverageTotalEventsAmt
Oth Direct Expnss Total Events$43,237OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$174,945DirectExpenseSummaryEventsAmt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE G, PART I- PROFESSIONAL FUNDRAISING SERVICESFormAndLineReferenceDesc
Explanation- RUFFALO CODY: FAIRFIELD UNIVERSITY USES RUFFALO CODY, A PROVIDER OF FUNDRAISING SERVICES, SOFTWARE FOR ITS ANNUAL PHONEATHON. - COMMUNITY COUNSELING SERVICES, A STRATEGIC FUNDRAISING FIRM, PROVIDED ON-SITE TRAININGS TO FAIRFIELD UNIVERSITY IN-HOUSE PERSONNEL ON FUNDRAISING STRATEGIES, PLANNING, MANAGING, AS WELL AS IMPLEMENTING PROGRAMS THAT ACHIEVE FUNDRAISING GOALS. - GIVECAMPUS: PROVIDES AN ON-LINE PLATFORM USED AS PART OF THE UNIVERSITY'S ANNUAL FUNDRAISING ACTIVITIES.ExplanationTxt

Schedule I IRS990ScheduleI

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

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (5 entries)

Grant TypeGrantTypeTxtRecipientRecipientCntCash GrantCashGrantAmt
INSTITUTIONAL SCHOLARSHIPS6274$68,446,194
ATHLETIC SCHOLARSHIPS312$5,277,485
STATE AND FEDERAL GRANTS406$877,354
PREP SCHOOL FINANCIAL AID273$2,701,142
OTHER FINANCIAL AID99$4,002,306

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE I, PART I, LINE 1AFormAndLineReferenceDesc
ExplanationTHE UNIVERSITY OFFERS FINANCIAL ASSISTANCE IN THE FORM OF LOANS, GRANTS, EMPLOYMENT (WORK STUDY) AND SCHOLARSHIPS. THE AWARDS ARE AWARDED TO STUDENTS MEETING CERTAIN ELIGIBILITY REQUIREMENTS. THE PROGRAMS ARE ADMINISTERED BY THE FINANCIAL AID OFFICE WHICH HAS VARIOUS INTERNAL CONTROLS IN PLACE TO MONITOR THE AMOUNT OFFERED TO STUDENTS. AN ANNUAL UNIFORM GUIDANCE AUDIT IS CONDUCTED FOR THE FINANCIAL AID PROGRAMS AND THE FISAP REPORT IS PREPARED ANNUALLY FOR THE DEPARTMENT OF EDUCATION. AMOUNTS OF AID AWARDED ARE CREDITED TO STUDENT ACCOUNTS AND NOT SENT DIRECTLY TO THE STUDENT.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Housing Allowance Or ResidenceYes (X)HousingAllowanceOrResidenceInd
Club Dues Or FeesYes (X)ClubDuesOrFeesInd
Personal ServicesYes (X)PersonalServicesInd
Written Policy Ref T And E ExpnssYes (true)WrittenPolicyRefTAndEExpnssInd
Substantiation RequiredYes (true)SubstantiationRequiredInd
Compensation CommitteeYes (X)CompensationCommitteeInd
Independent ConsultantYes (X)IndependentConsultantInd
Form990 Of Other OrganizationsYes (X)Form990OfOtherOrganizationsInd
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance PaymentYes (true)SeverancePaymentInd
Supplemental Nonqual Rtr PlanfalseSupplementalNonqualRtrPlanInd
Equity Based Comp ArrngmfalseEquityBasedCompArrngmInd
Comp Based On Revenue Of Flng OrgfalseCompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related OrgsfalseCompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng OrgfalseCompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd OrgsfalseCompBsdNetEarnsRltdOrgsInd
Any Non Fixed PaymentsfalseAnyNonFixedPaymentsInd
Initial Contract ExceptionfalseInitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (10 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmt
MARK R NEMEC
PRESIDENT$478,753$0$96,000$0$45,443$0$24,750$0$74,860$0$719,806$0
MICHAEL TRAFECANTE
TREASURER$258,620$0$18,000$0$0$0$23,035$0$126,525$0$426,180$0
KEVIN LAWLOR
EXECUTIVE VICE PRESIDENT$359,502$0$27,000$0$10,013$0$24,750$0$171,025$0$592,290$0
RICHARD GREENWALD
DEAN, SCHOOL OF CAS$218,276$0$0$0$12,150$0$19,128$0$48,640$0$298,194$0
WALTER HALAS
VP OF ADVANCEMENT$268,955$0$20,000$0$3,941$0$24,750$0$52,482$0$370,128$0
CHRISTINE SIEGEL
PROVOST$303,323$0$0$0$0$0$22,965$0$50,471$0$376,759$0
SYDNEY JOHNSON
HEAD MBB COACH (THRU 4-30-19)$544,859$0$0$8,637$0$24,750$0$56,979$0$635,225$0
PAUL SCHLICKMANN
DIRECTOR OF ATHLETICS$260,973$0$39,750$0$2,138$0$24,104$0$50,489$0$377,454$0
JOSEPH FRAGER
HEAD WBB COACH$225,565$0$0$0$2,023$0$20,917$0$48,645$0$297,150$0
JONATHAN CARROLL
CHIEF INFORMATION OFFICER$230,673$0$0$0$2,325$0$21,377$0$48,784$0$303,159$0

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE J, PART I, LINE 1AFormAndLineReferenceDesc
ExplanationTHE PRESIDENT RESIDES IN A HOUSE THAT WAS DONATED TO THE UNIVERSITY SPECIFICALLY FOR THE PRESIDENT'S USE. THE HOUSE IS USED EXTENSIVELY FOR UNIVERSITY EVENTS. THE PRESIDENT LIVES IN THE HOUSE FOR THE CONVENIENCE OF THE UNIVERSITY. CLEANING SERVICES ARE PROVIDED FOR THE HOUSE AS UNIVERSITY EVENTS ARE CONDUCTED THERE. THE UNIVERSITY PROVIDES AN APARTMENT FOR USE BY THE DEAN OF THE SCHOOL OF ARTS & SCIENCE TO REDUCE THE DEAN'S COMMUTE. HEALTH OR SOCIAL CLUB DUES OR INITIATION FEES: THE PRESIDENT RECEIVED MEMBERSHIP TO A CLUB FOR THE PURPOSE OF ENTERTAINING POTENTIAL DONORS. ALL AMOUNTS ARE INCLUDED IN NON-TAXABLE BENEFITS IN COLUMN D OF SCHEDULE J, PART II, COLUMN (D).ExplanationTxt

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (4 entries)

Bond ReferenceBondReferenceCdBond Issuer EINBondIssuerEINCUSIPCUSIPNumBond IssuedBondIssuedDtIssue PriceIssuePriceAmtPurposePurposeDescDefeasedDefeasedIndOn Behalf Of IssuerOnBehalfOfIssuerIndPool FinancingPoolFinancingInd
CHEFA 2010 Series P
A06080618620774UY412010-03-17$11,573,281CURRENT REFUNDING OF 1998 BONDfalsefalsefalse
CHEFA 2017 Series R
B06080618620774Y3812017-12-20$121,950,419REFUND CHEFA SERIES O; CONSTRUCTIOfalsefalsefalse
CHEFA 2016 SERIES Q-1
C06080618620774YYR22016-02-25$53,583,942CONSTRUCT OF VAR CAMPUS FACILITIESfalsefalsefalse
CHEFA 2016 Series Q-2
D06080618620774YZH32016-03-30$20,006,907PARTIALLY REFUND CHEFA SERIES 2008falsefalsefalse

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (4 entries)

Bond ReferenceBondReferenceCdRetiredRetiredAmtBond DefeasedBondDefeasedAmtTotal ProceedsTotalProceedsAmtIn Reserve FundInReserveFundAmtCapitalized InterestCapitalizedInterestAmtRefunding EscrowRefundingEscrowAmtIssuance Costs From ProceedsIssuanceCostsFromProceedsAmtCredit EnhancementCreditEnhancementAmtWorking Capital ExpendituresWorkingCapitalExpendituresAmtCapital ExpendituresCapitalExpendituresAmtOther Spent ProceedsOtherSpentProceedsAmtUnspentUnspentAmtRefunding Tax Exempt BondsRefundingTaxExemptBondsIndRefunding Taxable BondsRefundingTaxableBondsIndFinal Allocation MadeFinalAllocationMadeIndAdequate Books And Rec MaintAdequateBooksAndRecMaintIndSubstantial CompletionSubstantialCompletionYr
A$3,545,000$0$11,573,281$830,733$0$0$116,497$0$0$0$10,626,051$0Yes (true)falseYes (true)Yes (true)
B$0$0$121,950,419$24,296,545$0$0$808,952$0$0$15,703,455$81,141,467$0falseYes (true)falseYes (true)
C$0$0$53,583,942$0$3,138,393$0$525,083$0$0$49,920,466$0$0falsefalseYes (true)Yes (true)2018
D$955,000$0$20,006,907$0$0$0$291,476$0$0$0$19,715,431$0falseYes (true)falseYes (true)

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (4 entries)

Bond ReferenceBondReferenceCdOwning Bond Financed PropertyOwningBondFinancedPropertyIndAny Lease ArrangementsAnyLeaseArrangementsIndMgmt Contract Bond Fincd PropMgmtContractBondFincdPropIndEngage Bond Counsel ContractsEngageBondCounselContractsIndAny Research AgreementsAnyResearchAgreementsIndPrivate Bus Use By OthersPrivateBusUseByOthersPctPrivate Bus Concerning UBIPrivateBusConcerningUBIPctTotal Private Business UseTotalPrivateBusinessUsePctBond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestIndChange In Use Bond Financed PropChangeInUseBondFinancedPropIndRemedial Action TakenRemedialActionTakenIndProcs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdIndEngage Bond Counsel ResearchEngageBondCounselResearchInd
AfalsefalseYes (true)Yes (true)false00.037600.03760falsefalsefalseYes (true)
BfalsefalseYes (true)Yes (true)false0falsefalsefalseYes (true)
CfalsefalseYes (true)Yes (true)false0falsefalsefalseYes (true)
DfalsefalseYes (true)Yes (true)Yes (true)00.001100.00110falsefalsefalseYes (true)Yes (true)

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (4 entries)

Bond ReferenceBondReferenceCdForm8038 T FiledForm8038TFiledIndRebate Not Due YetRebateNotDueYetIndException To RebateExceptionToRebateIndNo Rebate DueNoRebateDueIndVariable Rate IssueVariableRateIssueIndHedge Identified In Bks And RecHedgeIdentifiedInBksAndRecIndGross Proceeds Invested In GICGrossProceedsInvestedInGICIndBusiness Name Line1GICProviderName/BusinessNameLine1TxtGross Proceeds InvestedGrossProceedsInvestedIndWritten Proc To Monitor ReqsWrittenProcToMonitorReqsInd
0
AfalsefalsefalseYes (true)falsefalsefalse0falseYes (true)
0
BfalseYes (true)falsefalsefalsefalsefalse0falseYes (true)
0
CfalseYes (true)falsefalsefalsefalsefalse0falseYes (true)
0
DfalseYes (true)falsefalsefalsefalsefalse0falseYes (true)

Procedures Corrective Action ProceduresCorrectiveActionGrp (4 entries)

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

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
SCHEDULE K PART II, LINE 11CHEFA 2018 SERIES S BOND: THE OTHER PROCEEDS WERE USED TO CURRENTLY REFUND THE 2008 SERIES M AND SERIES N ISSUES. CHEFA 2016 SERIES Q-2 BOND: THE OTHER SPENT PROCEEDS WERE USED TO ADVANCE REFUND A PORTION OF THE SERIES M BOND ISSUE. CHEFA SERIES P: THE OTHER SPENT PROCEEDS WERE USED TO CURRENTLY REFUND THE 2010 SERIES F BOND ISSUE.
SCHEDULE K, PART III, LINE 3A MANAGEMENT AND SERVICE CONTRACTSALL MANAGEMENT AND SERVICE CONTRACTS IN BOND FINANCED SPACE HAVE BEEN PREVIOUSLY REVIEWED BY BOND COUNSEL. THEY WERE DETERMINED TO FALL UNDER THE SAFE HARBOR PROVIDED BY REVENUE PROCEDURE 2007-17 AND WILL NOT RESULT IN PRIVATE BUSINESS USE.
SCHEDULE K, PART III, LINE 3C RESEARCH AGREEMENTSRESEARCH AGREEMENTS: RESEARCH AGREEMENTS RELATING TO THE BONDS ISSUE S AND Q2 HAVE BEEN REVIEWED BY BOND COUNSEL TO ENSURE THEY ARE COMPLIANT WITH THE APPLICABLE SAFE HARBORS. THE RESEARCH AGREEMENTS DID NOT RESULT IN ANY PRIVATE BUSINESS USE.
SCHEDULE K, PART IV, LINE 2CTHE DATE OF MOST RECENT REBATE CALCULATION FOR THE CHEFA 2010 SERIES P WAS MARCH 17, 2015.

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd

Issuer Name IssuerName

FieldValueIRS element (for citing)
Business Name Line1CHEFA 2018 SERIES SBusinessNameLine1Txt
FieldValueIRS element (for citing)
Bond Issuer EIN060806186BondIssuerEIN
CUSIP20774Y3Y1CUSIPNum
Bond Issued2018-04-04BondIssuedDt
Issue Price$75,309,545IssuePriceAmt
PurposeREFUND CHEFA SERIES M & NPurposeDesc
DefeasedfalseDefeasedInd
On Behalf Of IssuerfalseOnBehalfOfIssuerInd
Pool FinancingfalsePoolFinancingInd

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd
Retired$235,000RetiredAmt
Bond Defeased$0BondDefeasedAmt
Total Proceeds$75,309,545TotalProceedsAmt
In Reserve Fund$0InReserveFundAmt
Capitalized Interest$0CapitalizedInterestAmt
Refunding Escrow$0RefundingEscrowAmt
Issuance Costs From Proceeds$554,389IssuanceCostsFromProceedsAmt
Credit Enhancement$0CreditEnhancementAmt
Working Capital Expenditures$0WorkingCapitalExpendituresAmt
Capital Expenditures$0CapitalExpendituresAmt
Other Spent Proceeds$74,755,156OtherSpentProceedsAmt
Unspent$0UnspentAmt
Substantial Completion2018SubstantialCompletionYr
Refunding Tax Exempt BondsYes (true)RefundingTaxExemptBondsInd
Refunding Taxable BondsfalseRefundingTaxableBondsInd
Final Allocation MadeYes (true)FinalAllocationMadeInd
Adequate Books And Rec MaintYes (true)AdequateBooksAndRecMaintInd

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd
Owning Bond Financed PropertyfalseOwningBondFinancedPropertyInd
Any Lease ArrangementsfalseAnyLeaseArrangementsInd
Mgmt Contract Bond Fincd PropYes (true)MgmtContractBondFincdPropInd
Engage Bond Counsel ContractsYes (true)EngageBondCounselContractsInd
Any Research AgreementsfalseAnyResearchAgreementsInd
Private Bus Use By Others0PrivateBusUseByOthersPct
Private Bus Concerning UBI0.02670PrivateBusConcerningUBIPct
Total Private Business Use0.02670TotalPrivateBusinessUsePct
Bond Iss Meet Prvt Sec Pymt TestfalseBondIssMeetPrvtSecPymtTestInd
Change In Use Bond Financed PropfalseChangeInUseBondFinancedPropInd
Remedial Action TakenfalseRemedialActionTakenInd
Procs Nonqualified Bond RemdtdYes (true)ProcsNonqualifiedBondRemdtdInd

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd
Form8038 T FiledfalseForm8038TFiledInd
Rebate Not Due YetYes (true)RebateNotDueYetInd
Exception To RebatefalseExceptionToRebateInd
No Rebate DuefalseNoRebateDueInd
Variable Rate IssuefalseVariableRateIssueInd
Hedge Identified In Bks And RecfalseHedgeIdentifiedInBksAndRecInd

Hedge Provider Name HedgeProviderName

FieldValueIRS element (for citing)
Business Name Line10BusinessNameLine1Txt
FieldValueIRS element (for citing)
Gross Proceeds Invested In GICfalseGrossProceedsInvestedInGICInd

GIC Provider Name GICProviderName

FieldValueIRS element (for citing)
Business Name Line10BusinessNameLine1Txt
FieldValueIRS element (for citing)
Gross Proceeds InvestedfalseGrossProceedsInvestedInd
Written Proc To Monitor ReqsYes (true)WrittenProcToMonitorReqsInd

Procedures Corrective Action ProceduresCorrectiveActionGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd
Procedures Corrective ActionYes (true)ProceduresCorrectiveActionInd

Schedule M IRS990ScheduleM

Works Of Art WorksOfArtGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution391ContributionCnt
Method Of Determining RevenuesAppraisalsMethodOfDeterminingRevenuesTxt
FieldValueIRS element (for citing)
Art Historical TreasuresArtHistoricalTreasuresGrp
Art Fractional InterestArtFractionalInterestGrp
Books And PublicationsBooksAndPublicationsGrp
Clothing And Household GoodsClothingAndHouseholdGoodsGrp
Cars And Other VehiclesCarsAndOtherVehiclesGrp
Boats And PlanesBoatsAndPlanesGrp
Intellectual PropertyIntellectualPropertyGrp

Securities Publicly Traded SecuritiesPubliclyTradedGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution54ContributionCnt
Noncash Contributions Rpt F990$4,438,512NoncashContributionsRptF990Amt
Method Of Determining RevenuesFMVMethodOfDeterminingRevenuesTxt
FieldValueIRS element (for citing)
Securities Closely Held StockSecuritiesCloselyHeldStockGrp
Secur Prtnrshp Trust IntrstsSecurPrtnrshpTrustIntrstsGrp
Securities MiscellaneousSecuritiesMiscellaneousGrp
Qualified Contrib Hist StructQualifiedContribHistStructGrp
Qualified Contrib OtherQualifiedContribOtherGrp
Real Estate ResidentialRealEstateResidentialGrp
Real Estate CommercialRealEstateCommercialGrp
Real Estate OtherRealEstateOtherGrp
CollectiblesCollectiblesGrp
Food InventoryFoodInventoryGrp
Drugs And Medical SuppliesDrugsAndMedicalSuppliesGrp
TaxidermyTaxidermyGrp
Historical ArtifactsHistoricalArtifactsGrp
Scientific SpecimensScientificSpecimensGrp
Archaeological ArtifactsArchaeologicalArtifactsGrp

Other Non Cash Contri Table OtherNonCashContriTableGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
DescOther GIKDesc
Contribution26ContributionCnt
Noncash Contributions Rpt F990$20,581NoncashContributionsRptF990Amt
Method Of Determining RevenuesFMVMethodOfDeterminingRevenuesTxt
FieldValueIRS element (for citing)
Form8283 Received0Form8283ReceivedCnt
Any Property That Must Be HeldfalseAnyPropertyThatMustBeHeldInd
Review Process Unusual NC GiftsfalseReviewProcessUnusualNCGiftsInd
Third Parties UsedfalseThirdPartiesUsedInd

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
SCHEDULE M, PART I, LINE 1, COLUMN (C)WORKS OF ART FAIRFIELD UNIVERSITY DOES NOT REPORT AN APPRAISED VALUE FOR WORK OF ARTS IN ITS AUDITED FINANCIAL STATEMENTS.
SCHEDULE M, PART I, PART I, COLUMN BTHE NUMBER IN SCHEDULE M, PART I, COLUMN B REPRESENTS THE NUMBER OF ITEMS CONTRIBUTED.

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (8 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART III, LINE 1A FAIRFIELD UNIVERSITY EDUCATION HAS BECOME MORE INTEGRATED IN FOCUS, MORE GLOBAL IN OUTLOOK, AND MORE INTENTIONAL IN ITS STRUCTURE THAN EVER BEFORE IN THE JESUIT TRADITION. WE ARE COMMITTED TO CREATING A STUDENT-FOCUSED, HOLISTIC, AND DIVERSE EDUCATIONAL ENVIRONMENT INTENDED TO EDUCATE THE WHOLE PERSON, MIND, BODY AND SPIRIT. WE WANT TO CULTIVATE IN BOTH OUR UNDERGRADUATE AND GRADUATE STUDENTS A SENSE OF COMMUNITY AND STRONG ETHICAL AND SPIRITUAL VALUES TO GUIDE THEM ON THEIR PATHS INTO THE FUTURE.
FORM 990, PART III, LINE 4AFAIRFIELD UNIVERSITY IS AN INSTITUTION OF HIGHER LEARNING WITH UNDERGRADUATE, GRADUATE, DOCTORATE AND CONTINUING EDUCATION ACADEMIC PROGRAMS INCLUDING STUDENTS RESIDING ON CAMPUS. FULL-TIME EQUIVALENT ENROLLMENT FOR THE 2018-2019 ACADEMIC YEAR WAS 4,051 UNDERGRADUATES AND 680 GRADUATE STUDENTS WITH APPROXIMATELY 3,011 STUDENTS LIVING IN ON-CAMPUS RESIDENCES. ALSO INCLUDED IN OUR PROGRAM SERVICES IS A SECONDARY PREPARATORY SCHOOL WITH AN ENROLLMENT OF APPROXIMATELY 806 STUDENTS. FAIRFIELD UNIVERSITY WELCOMED 1,091 MEMBERS OF THE CLASS OF 2022 AND 37 TRANSFER STUDENTS TO CAMPUS IN THE FALL OF 2018. THE CLASS OF 2022 IS A STRONG CLASS, WITH AN AVERAGE SAT SCORE OF 1270, SLIGHTLY HIGHER THAN THAT OF THE CLASS OF 2021. CONTINUED REFINEMENT OF THE FINANCIAL AID PROCESS AS WELL AS ENHANCEMENTS TO CAMPUS PROGRAMMING AND FOLLOW UP COMMUNICATION EFFORTS RESULTED IN A CLASS THAT EXCEEDED OUR BUDGETED GOALS. RECOGNITION OF QUALITY AND VALUE: IN 2019, U.S. NEWS & WORLD REPORT NAMED FAIRFIELD THE NUMBER THREE RANKED UNIVERSITY IN THE NORTHERN REGION, AND THE PRINCETON REVIEW INCLUDED FAIRFIELD AMONG ITS BEST VALUE COLLEGES. ADDITIONALLY, FAIRFIELD GRADUATES HAVE THE SECOND HIGHEST STARTING SALARY IN CONNECTICUT, SECOND ONLY TO YALE, ACCORDING TO COLLEGE SCORECARD, AND MONEY MAGAZINE PLACED FAIRFIELD AMONG THE TOP 100 PRIVATE UNIVERSITIES AND IN THE TOP 50 MOST TRANSFORMATIVE UNIVERSITIES. SEVERAL PROGRAMS ACROSS THE UNIVERSITY ARE IN COLLEGE FACTUALS TOP 5% IN THE COUNTRY, INCLUDING ACCOUNTING, COMMUNICATIONS, MARKETING AND NURSING. FAIRFIELD HAS ALSO BEEN RECOGNIZED BY THE FOLLOWING PUBLICATIONS AND ORGANIZATIONS: WALL STREET JOURNAL/TIMES HIGHER EDUCATION BEST COLLEGES, FORBES MAGAZINE'S AMERICAN'S TOP COLLEGEs, KIPLNGER'S PERSONAL BEST COLLEGE VALUES, NEW YORK TIMES' "TOP COLLEGES DOING THE MOST FOR THE AMERICAN DREAM". THE FAIRFIELD STAGS CONTINUE TO DEMONSTRATE PROWESS ON BOTH THE FIELD AND IN THE CLASSROOM IN DATA RELEASED BY THE NATIONAL COLLEGIATE ATHLETIC ASSOCIATION: FAIRFIELD HAS THE SECOND HIGHEST GRADUATION SUCCESS RATE (GSR) IN THE METRO ATLANTIC ATHLETIC CONFERENCE (MAAC), AND AMONG THE TOP 24 SCHOOLS IN THE NATION. FAIRFIELD HAD A GSR OF 96 PERCENT WITH 11 SPORTS AT FAIRFIELD UNIVERSITY ACHIEVING A 100% GRADUATION RATE.
FORM 990, PART III, LINE 4BAUXILIARY SERVICES INCLUDE THE COSTS OF ROOM AND BOARD FOR APPROXIMATELY 3,011 FULL-TIME UNDERGRADUATE STUDENTS LIVING ON CAMPUS IN RESIDENCE HALLS, TOWNHOUSES, AND APARTMENT COMPLEXES RESIDING ON A 200-ACRE CAMPUS. GRADUATE STUDENT HOUSING IS ALSO OFFERED IN INDEPENDENT OFF-CAMPUS HOUSES, AND IN AN APARTMENT STYLE RESIDENCE HALL.
FORM 990, PART VI, SECTION B, LINE 11:IT IS THE POLICY OF FAIRFIELD UNIVERSITY THAT EACH VOTING MEMBER OF THE FINANCE AND AUDIT COMMITTEE OF THE BOARD OF TRUSTEES IS PRESENTED WITH A COPY OF THE COMPLETED IRS FORM 990 BEFORE IT IS FILED WITH THE IRS. FORM 990 IS REVIEWED AND APPROVED BY THE VICE PRESIDENT FOR FINANCE BEFORE IT IS FORWARDED TO THE FINANCE AND AUDIT COMMITTEE.
FORM 990, PART VI SECTION B, LINE 12C:MEMBERS OF THE BOARD OF TRUSTEES ARE ASKED TO SIGN A CONFLICT OF INTEREST STATEMENT. THE STATEMENT SHALL BE SIGNED ANNUALLY BY EACH BOARD MEMBER AS A CONDITION OF MEMBERSHIP ON THE BOARD OF TRUSTEES. EACH TRUSTEE IS EXPECTED TO DISCLOSE IN WRITING TO THE CHAIRMAN OF THE BOARD ALL SITUATIONS IN WHICH CONFLICTS MIGHT EXIST, OR APPEAR TO EXIST. CONFLICT OF INTEREST STATEMENTS ARE COLLECTED AND REVIEWED BY THE UNIVERSITY SECRETARY. NO TRUSTEE HAVING INTERESTS CONFLICTING WITH THE INTERESTS OF THE UNIVERSITY, OR APPEARING SO, SHALL TAKE PART IN THE DELIBERATIONS OR VOTES OF THE BOARD INVOLVING THE QUESTION CONCERNING THE CONFLICT NOR SEEK TO INFLUENCE THE OTHER TRUSTEES ON THAT QUESTION.
FORM 990, PART VI SECTION B, LINE 15:THE REVIEW PROCESS INCLUDES ALL OF THESE ELEMENTS (1) REVIEW AND APPROVAL BY THE BOARD OF TRUSTEES--COMPENSATION IS REVIEWED AND APPROVED BY THE BOARD OF TRUSTEES OF FAIRFIELD UNIVERSITY EVERY TWO YEARS, PROVIDED THAT PERSONS WITH CONFLICTS OF INTEREST WITH RESPECT TO THE COMPENSATION ARRANGEMENT AT ISSUE ARE NOT INVOLVED IN THIS REVIEW AND APPROVAL. (2) USE OF DATA AS TO COMPARABLE COMPENSATION--THE COMPENSATION OF THE PERSON IS REVIEWED AND APPROVED USING DATA AS TO COMPARABLE COMPENSATION FOR SIMILARLY QUALIFIED PERSONS IN FUNCTIONALLY COMPARABLE POSITIONS AT SIMILARLY SITUATED UNIVERSITIES. THE FOLLOWING METHODS HAVE BEEN USED: A. REVIEW BY AN INDEPENDENT THIRD PARTY; B. CONDUCT MARKET ASSESSMENT OF SALARIES; AND C. EVALUATE THE APPROPRIATENESS OF THE CURRENT SALARY STRUCTURE TO ENSURE THAT WE ARE AND REMAIN COMPETITIVE WITH THE MARKET, AS WELL AS REMAIN INTERNALLY EQUITABLE. (3) CONTEMPORANEOUS DOCUMENTATION AND RECORDKEEPING--THERE IS CONTEMPORANEOUS DOCUMENTATION AND RECORD KEEPING WITH RESPECT TO THE DELIBERATIONS AND DECISIONS REGARDING THE COMPENSATION ARRANGEMENT. COMPENSATION ARRANGEMENT THE LAST TIME OF REVIEW WAS MARCH 2018 DURING THE BOARD MEETING.
FORM 990, PART VI, SECTION C, LINE 19:GOVERNING DOCUMENTS SUCH AS FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICY AND WHISTLEBLOWER POLICY ARE AVAILABLE ON THE UNIVERSITY'S WEBSITE AND ALSO BY REQUEST.
FORM 990, PART XI, LINE 9OTHER CHANGES IN NET ASSETS: CHANGE IN VALUE OF POST RETIREMENT BENEFITS $(142,986)