LIBERTY UNIVERSITY INC: Form 990, tax year 2018

View the entire original 990 at ProPublica ↗

Organization: LIBERTY UNIVERSITY INC (EIN 54-0946734)
Tax period: 2018-07-01 to 2019-06-30
Filed: 2020-07-15
IRS object ID: 202031979349304598
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
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	2020-07-15T14:42:34-05:00	ReturnTs
Tax Period End	2019-06-30	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	2018-07-01	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	2020-07-15	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	2020-07-15	PreparationDt

Filing Security Information FilingSecurityInformation

IP Address IPAddress

Field	Value	IRS element (for citing)
I Pv4 Address	38.132.154.29	IPv4AddressTxt

Field	Value	IRS element (for citing)
Federal Original Submission Id	58727420201975000028	FederalOriginalSubmissionId
Federal Original Submission Id	2020-07-15	FederalOriginalSubmissionIdDt
Filing License Type	P	FilingLicenseTypeCd
At Submission Creation Device Id	A48637A4D3A10C935CF123510934335F52266694	AtSubmissionCreationDeviceId
At Submission Filing Device Id	49B7E525DB458F3B8483401679EF34D770FF257C	AtSubmissionFilingDeviceId

Field	Value	IRS element (for citing)
Tax	2018	TaxYr
Build TS	2021-01-29 14:40:06Z	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	$2,176,565,849	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	28	VotingMembersGoverningBodyCnt
Voting Members Independent	20	VotingMembersIndependentCnt
Total Employee	11754	TotalEmployeeCnt
Total Volunteers	11000	TotalVolunteersCnt
Total Gross UBI	$5,096,577	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$1,338,322	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$28,909,244	PYContributionsGrantsAmt
CY Contributions Grants	$24,340,904	CYContributionsGrantsAmt
PY Program Service Revenue	$1,082,668,020	PYProgramServiceRevenueAmt
CY Program Service Revenue	$1,229,034,114	CYProgramServiceRevenueAmt
PY Investment Income	$33,001,962	PYInvestmentIncomeAmt
CY Investment Income	$22,156,313	CYInvestmentIncomeAmt
PY Other Revenue	$14,735,745	PYOtherRevenueAmt
CY Other Revenue	$14,063,754	CYOtherRevenueAmt
PY Total Revenue	$1,159,314,971	PYTotalRevenueAmt
CY Total Revenue	$1,289,595,085	CYTotalRevenueAmt
PY Grants And Similar Paid	$236,085,315	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$286,400,909	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$0	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$362,201,824	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$396,548,827	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$0	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$2,473,311	CYTotalFundraisingExpenseAmt
PY Other Expenses	$308,233,066	PYOtherExpensesAmt
CY Other Expenses	$318,166,043	CYOtherExpensesAmt
PY Total Expenses	$906,520,205	PYTotalExpensesAmt
CY Total Expenses	$1,001,115,779	CYTotalExpensesAmt
PY Revenues Less Expenses	$252,794,766	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$288,479,306	CYRevenuesLessExpensesAmt
Total Assets BOY	$2,812,938,906	TotalAssetsBOYAmt
Total Assets EOY	$3,127,381,424	TotalAssetsEOYAmt
Total Liabilities BOY	$432,447,188	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$430,680,756	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$2,380,491,718	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$2,696,700,668	NetAssetsOrFundBalancesEOYAmt
Mission	LIBERTY UNIVERSITY, INC. IS A CHRISTIAN ACADEMIC COMMUNITY IN THE TRADITION OF EVANGELICAL INSTITUTIONS OF HIGHER EDUCATION, WITH THE PRIMARY MISSION OF PROVIDING QUALITY COLLEGIATE EDUCATION.	MissionDesc
Significant New Program Srvc	false	SignificantNewProgramSrvcInd
Significant Change	false	SignificantChangeInd
Expense	$732,698,107	ExpenseAmt
Grant	$286,400,909	GrantAmt
Revenue	$1,061,176,471	RevenueAmt
Desc	INSTRUCTION OF APPROXIMATELY 111,084 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	$136,025,031	ExpenseAmt
Grant	$0	GrantAmt
Revenue	$164,022,981	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	$868,723,138	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
Temp Or Permanent Endowments	Yes (true)	TempOrPermanentEndowmentsInd
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	Yes (true)	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	false	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	Yes (true)	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 With Officer Ent	Yes (true)	BusinessRlnWithOfficerEntInd
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	1749	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Backup Wthld Compliance	Yes (true)	BackupWthldComplianceInd
Employee	11754	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	Yes (true)	Form1098CFiledInd
Indoor Tanning Services	false	IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt	false	SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc	false	SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	28	GoverningBodyVotingMembersCnt
Independent Voting Member	20	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	Yes (true)	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	Yes (true)	CompensationProcessOtherInd
Investment In Joint Venture	Yes (true)	InvestmentInJointVentureInd
Written Policy Or Procedure	Yes (true)	WrittenPolicyOrProcedureInd
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 (53 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	Key EmployeeKeyEmployeeInd	Highest Compensated EmployeeHighestCompensatedEmployeeInd	Former Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd
Mr Jerry Falwell
Chancellor/President	55.0	0.5	Yes (X)	Yes (X)	$1,099,356	$0	$59,655
Mr Anthony Beckles
Trustee	4.0	1.0	Yes (X)		$0	$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 John Borek Jr
Trustee & Adjunct Professor	5.0	0.0	Yes (X)		$17,800	$0	$0
Dr Don Crain
Trustee	4.0	0.0	Yes (X)		$0	$0	$0
Pastor Jonathan Falwell
Trustee/Vice Chancellor of Spi	9.0	2.0	Yes (X)		$50,000	$0	$0
Mr Harvey Gainey
Trustee	2.0	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	2.0	0.0	Yes (X)		$0	$0	$0
Mr John Heath
Trustee	4.0	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
Dr Allen McFarland
Trustee & Adjunct Professor	5.0	0.0	Yes (X)		$2,800	$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	2.0	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	2.0	0.0	Yes (X)		$0	$0	$0
Mr Steven A Snyder
Trustee	4.0	0.0	Yes (X)		$0	$0	$0
Mr Jason Suitt
Trustee & Adjunct Professor	0.0	0.0	Yes (X)		$3,990	$0	$0
Mr Gilbert Tinney Jr
Trustee	2.0	0.0	Yes (X)		$0	$0	$0
Dr Jerry Vines
Trustee	2.0	0.0	Yes (X)		$0	$0	$0
Mr Duke Westover
Trustee	4.0	0.0	Yes (X)		$0	$33,376	$0
Mr Jeffery S Yager
Trustee	4.0	0.0	Yes (X)		$0	$0	$0
Mr David Corry
General Counsel/Secretary	55.0	0.0		Yes (X)	$246,114	$0	$36,459
Mr Dan Applewhite
Deputy General Counsel/Assista	55.0	0.0		Yes (X)	$201,785	$0	$21,933
Dr Scott Hicks
Provost and Chief Academic Off	55.0	0.0		Yes (X)	$330,645	$0	$22,962
Mr Don Moon
SR VP of Investment Management	55.0	2.0		Yes (X)	$258,135	$0	$29,906
Dr Robert Ritz
EVP Finance	55.0	0.0		Yes (X)	$314,339	$0	$39,334
Mr Randall Smith
EVP & COO	55.0	0.0		Yes (X)	$311,903	$0	$38,164
Mr Trey Falwell
VP of University Operations	55.0	0.0			$207,388	$0	$26,922	Yes (X)
Mr John Gauger
CIO	55.0	0.0			$252,810	$0	$36,916	Yes (X)
Dr Lawrence Hine
Senior VP of Student Affairs	55.0	5.0			$183,422	$0	$29,560	Yes (X)
Mr Chris Johnson
EVP for Resident Enrollment	55.0	0.0			$225,124	$0	$33,386	Yes (X)
Mr Ronald Kennedy
EVP of Enrollment & Marketing	55.0	0.0			$393,245	$0	$39,417	Yes (X)
Mr Ian McCaw
Director of Athletics	55.0	0.0			$492,115	$0	$50,903	Yes (X)
Mr David Nasser
SR VP of Spiritual Development	55.0	0.0			$366,593	$0	$41,340	Yes (X)
Mr Charles Spence
SR VP of Facilities Management	55.0	0.0			$239,197	$0	$33,252	Yes (X)
Dr Shawn Akers
Online Provost	55.0	0.0			$183,592	$0	$17,520	Yes (X)
Ms Laura Wallace
EVP for Human Resources	55.0	0.0			$339,217	$0	$32,902	Yes (X)
Mr Turner Gill
Head Coach-Football	55.0	0.0			$756,221	$0	$54,513		Yes (X)
Mr Ritchie McKay
Head Coach-Men's Basketball	55.0	0.0			$600,790	$0	$54,479		Yes (X)
Dr Peter Bell
Dean, LU College of Osteopathi	55.0	0.0			$439,915	$0	$48,909		Yes (X)
Mr Carey Green
Head Coach-Women's Basketball	55.0	0.0			$313,539	$0	$34,743		Yes (X)
Mr Brian Faulkner
Dean, School of Law	55.0	0.0			$254,092	$0	$37,801		Yes (X)
Mr Christian Kennedy
Former Officer	40.0	0.0			$121,255	$0	$24,386			Yes (X)
Dr Ronald Hawkins
Former Officer	40.0	0.0			$255,617	$0	$34,198			Yes (X)
Dr Ben Gutierrez
Former Key Employee	40.0	5.0			$212,560	$0	$27,650			Yes (X)

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$8,673,559	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$33,376	TotReportableCompRltdOrgAmt
Total Other Compensation	$907,210	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	428	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
Construction Management Associates
PO Box 3020	LYNCHBURG	VA	24503	Construction	$36,026,177
English Construction Company Inc
615 Church Street	LYNCHBURG	VA	24504	Construction	$10,492,624
Google Inc
1600 Amphitheatre Pkwy	MOUNTAIN VIEW	CA	94043	Admissions Lead Gene	$18,502,483
highereducationcom
1001 KcKinney St Ste 400	HOUSTON	TX	77002	Admissions Lead Gene	$4,347,855
microsoft online inc
PO Box 847543	DALLAS	TX	75284	Admissions Lead Gene	$4,041,192

Field	Value	IRS element (for citing)
Cntrct Rcvd Greater Than100 K	159	CntrctRcvdGreaterThan100KCnt
Fundraising	$9,807	FundraisingAmt
Government Grants	$9,000,388	GovernmentGrantsAmt
All Other Contributions	$15,330,709	AllOtherContributionsAmt
Noncash Contributions	$174,882	NoncashContributionsAmt
Total Contributions	$24,340,904	TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (5 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt	Unrelated Business RevenueUnrelatedBusinessRevenueAmt
TUITION AND FEES	611710	$1,121,667,585	$1,121,667,585
ROOM & BOARD	611710	$84,764,165	$81,243,383	$3,520,782
STUDENT ACTIVITIES	611710	$11,509,822	$11,509,822
STUDENT FEES	611710	$7,406,156	$7,406,156
BOOKSTORE/CONCESSIONS	611710	$3,686,386	$3,686,386

Field	Value	IRS element (for citing)
Total Program Service Revenue	$1,229,034,114	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$20,132,627	TotalRevenueColumnAmt
Unrelated Business Revenue	$341,281	UnrelatedBusinessRevenueAmt
Exclusion	$19,791,346	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	$285,301	TotalRevenueColumnAmt
Exclusion	$285,301	ExclusionAmt

Gross Rents GrossRentsGrp

Field	Value	IRS element (for citing)
Real	$12,998,285	RealAmt
Personal	$124,295	PersonalAmt

Less Rental Expenses LessRentalExpensesGrp

Field	Value	IRS element (for citing)
Real	$11,813,639	RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Real	$1,184,646	RealAmt
Personal	$124,295	PersonalAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$1,308,941	TotalRevenueColumnAmt
Unrelated Business Revenue	$124,295	UnrelatedBusinessRevenueAmt
Exclusion	$1,184,646	ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

Field	Value	IRS element (for citing)
Securities	$874,201,578	SecuritiesAmt
Other	$2,934,491	OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

Field	Value	IRS element (for citing)
Securities	$860,523,447	SecuritiesAmt
Other	$14,588,936	OtherAmt

Gain Or Loss GainOrLossGrp

Field	Value	IRS element (for citing)
Securities	$13,678,131	SecuritiesAmt
Other	-$11,654,445	OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$2,023,686	TotalRevenueColumnAmt
Related Or Exempt Func Income	-$11,654,445	RelatedOrExemptFuncIncomeAmt
Exclusion	$13,678,131	ExclusionAmt

Field	Value	IRS element (for citing)
Fundraising Gross Income	$63,470	FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event	$9,807	ContriRptFundraisingEventAmt
Fundraising Direct Expenses	$44,742	FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$18,728	TotalRevenueColumnAmt
Exclusion	$18,728	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	$8,941,059	$8,075,273	$865,786
STUDENT TRAVEL FEES	561500	$2,379,603	$2,379,603
SPONSORSHIPS/ADVERTISING	511120	$1,130,122	$885,689	$244,433

Field	Value	IRS element (for citing)
Other Revenue Total	$12,450,784	OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$1,289,595,085	TotalRevenueColumnAmt
Related Or Exempt Func Income	$1,225,199,452	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$5,096,577	UnrelatedBusinessRevenueAmt
Exclusion	$34,958,152	ExclusionAmt

Field	Value	IRS element (for citing)
Info In Schedule O Part IX	Yes (X)	InfoInScheduleOPartIXInd

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

Field	Value	IRS element (for citing)
Total	$4,633,755	TotalAmt
Program Services	$4,633,755	ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

Field	Value	IRS element (for citing)
Total	$281,767,154	TotalAmt
Program Services	$281,767,154	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	$9,563,093	TotalAmt
Program Services	$6,311,641	ProgramServicesAmt
Management And General	$3,251,452	ManagementAndGeneralAmt

Comp Disqual Persons CompDisqualPersonsGrp

Field	Value	IRS element (for citing)
Total	$1,739,844	TotalAmt
Program Services	$1,148,297	ProgramServicesAmt
Management And General	$591,547	ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$310,573,684	TotalAmt
Program Services	$271,229,529	ProgramServicesAmt
Management And General	$38,063,150	ManagementAndGeneralAmt
Fundraising	$1,281,005	FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

Field	Value	IRS element (for citing)
Total	$6,625,874	TotalAmt
Program Services	$4,820,390	ProgramServicesAmt
Management And General	$1,772,354	ManagementAndGeneralAmt
Fundraising	$33,130	FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$45,594,469	TotalAmt
Program Services	$33,886,089	ProgramServicesAmt
Management And General	$11,463,143	ManagementAndGeneralAmt
Fundraising	$245,237	FundraisingAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$22,451,863	TotalAmt
Program Services	$17,699,629	ProgramServicesAmt
Management And General	$4,668,530	ManagementAndGeneralAmt
Fundraising	$83,704	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	$1,352,914	TotalAmt
Management And General	$1,352,914	ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$239,636	TotalAmt
Management And General	$239,636	ManagementAndGeneralAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

Field	Value	IRS element (for citing)
Total	$170,385	TotalAmt
Management And General	$170,385	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	$5,632,836	TotalAmt
Management And General	$5,632,836	ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

Field	Value	IRS element (for citing)
Total	$5,832,128	TotalAmt
Program Services	$3,556,780	ProgramServicesAmt
Management And General	$2,271,900	ManagementAndGeneralAmt
Fundraising	$3,448	FundraisingAmt

Advertising AdvertisingGrp

Field	Value	IRS element (for citing)
Total	$17,055,550	TotalAmt
Program Services	$8,923,319	ProgramServicesAmt
Management And General	$7,785,984	ManagementAndGeneralAmt
Fundraising	$346,247	FundraisingAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$5,337,170	TotalAmt
Program Services	$3,388,029	ProgramServicesAmt
Management And General	$1,858,307	ManagementAndGeneralAmt
Fundraising	$90,834	FundraisingAmt

Information Technology InformationTechnologyGrp

Field	Value	IRS element (for citing)
Total	$38,834,801	TotalAmt
Program Services	$24,513,431	ProgramServicesAmt
Management And General	$14,312,185	ManagementAndGeneralAmt
Fundraising	$9,185	FundraisingAmt

Royalties RoyaltiesGrp

Field	Value	IRS element (for citing)
Total	$617,205	TotalAmt
Program Services	$403,271	ProgramServicesAmt
Management And General	$213,934	ManagementAndGeneralAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$11,325,609	TotalAmt
Program Services	$10,231,811	ProgramServicesAmt
Management And General	$1,093,798	ManagementAndGeneralAmt

Travel TravelGrp

Field	Value	IRS element (for citing)
Total	$14,273,474	TotalAmt
Program Services	$12,981,748	ProgramServicesAmt
Management And General	$1,172,403	ManagementAndGeneralAmt
Fundraising	$119,323	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	$1,057,532	TotalAmt
Program Services	$686,380	ProgramServicesAmt
Management And General	$369,201	ManagementAndGeneralAmt
Fundraising	$1,951	FundraisingAmt

Interest InterestGrp

Field	Value	IRS element (for citing)
Total	$7,045,879	TotalAmt
Program Services	$6,668,869	ProgramServicesAmt
Management And General	$377,000	ManagementAndGeneralAmt
Fundraising	$10	FundraisingAmt

Payments To Affiliates PaymentsToAffiliatesGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$51,527,208	TotalAmt
Program Services	$48,770,502	ProgramServicesAmt
Management And General	$2,756,706	ManagementAndGeneralAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$4,735,915	TotalAmt
Program Services	$490,193	ProgramServicesAmt
Management And General	$4,245,722	ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt	Program ServicesProgramServicesAmt	Management And GeneralManagementAndGeneralAmt	FundraisingFundraisingAmt
PURCHASED SERVICES	$70,871,745	$70,310,973	$504,639	$56,133
STUDENT FOOD SERVICES	$27,165,909	$26,943,462	$174,655	$47,792
SUPPLIES	$17,681,366	$14,726,065	$2,914,989	$40,312
NON CAPITAL EQUIPMENT	$12,746,245	$7,582,869	$5,162,049	$1,327

All Other Expenses AllOtherExpensesGrp

Field	Value	IRS element (for citing)
Total	$24,662,536	TotalAmt
Program Services	$7,048,952	ProgramServicesAmt
Management And General	$17,499,911	ManagementAndGeneralAmt
Fundraising	$113,673	FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$1,001,115,779	TotalAmt
Program Services	$868,723,138	ProgramServicesAmt
Management And General	$129,919,330	ManagementAndGeneralAmt
Fundraising	$2,473,311	FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$25,537,275	BOYAmt
EOY	$3,465,233	EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
BOY	$257,554,719	BOYAmt
EOY	$260,022,494	EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$39,843,001	BOYAmt
EOY	$64,067,607	EOYAmt

Receivables From Officers Etc ReceivablesFromOfficersEtcGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$175,627	EOYAmt

Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp

Field	Value	IRS element (for citing)
BOY	$356,125	BOYAmt
EOY	$0	EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

Field	Value	IRS element (for citing)
BOY	$1,375,944	BOYAmt
EOY	$3,637,289	EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

Field	Value	IRS element (for citing)
BOY	$349,092	BOYAmt
EOY	$453,064	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$15,183,535	BOYAmt
EOY	$17,033,223	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$1,670,868,075	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$361,913,039	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$1,258,649,379	BOYAmt
EOY	$1,308,955,036	EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

Field	Value	IRS element (for citing)
BOY	$392,123,074	BOYAmt
EOY	$784,840,644	EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

Field	Value	IRS element (for citing)
BOY	$789,848,196	BOYAmt
EOY	$650,404,431	EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

Field	Value	IRS element (for citing)
BOY	$8,828,874	BOYAmt
EOY	$13,469,535	EOYAmt

Intangible Assets IntangibleAssetsGrp

Field	Value	IRS element (for citing)
BOY	$717,733	BOYAmt
EOY	$649,700	EOYAmt

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$22,571,959	BOYAmt
EOY	$20,207,541	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$2,812,938,906	BOYAmt
EOY	$3,127,381,424	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$71,082,091	BOYAmt
EOY	$68,688,052	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	$126,407,226	BOYAmt
EOY	$127,695,672	EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$201,886,441	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	$205,052,835	BOYAmt
EOY	$650,000	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	$29,905,036	BOYAmt
EOY	$31,760,591	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$432,447,188	BOYAmt
EOY	$430,680,756	EOYAmt

Field	Value	IRS element (for citing)
Organization Follows SFAS117	Yes (X)	OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$2,359,931,414	BOYAmt
EOY	$2,672,903,339	EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$4,794,568	BOYAmt
EOY	$7,949,333	EOYAmt

Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$15,765,736	BOYAmt
EOY	$15,847,996	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$2,380,491,718	BOYAmt
EOY	$2,696,700,668	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$2,812,938,906	BOYAmt
EOY	$3,127,381,424	EOYAmt

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	Yes (X)	InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss	$288,479,306	ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst	$28,569,831	NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets	-$840,187	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	Yes (true)	FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

Field	Value	IRS element (for citing)
Consolidated Basis Fincl Stmt	Yes (X)	ConsolidatedBasisFinclStmtInd

Field	Value	IRS element (for citing)
Audit Committee	Yes (true)	AuditCommitteeInd
Federal Grant Audit Required	Yes (true)	FederalGrantAuditRequiredInd
Federal Grant Audit Performed	Yes (true)	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

Field	Value	IRS element (for citing)
Total Grassroots Lobbying		TotalGrassrootsLobbyingGrp

Total Direct Lobbying TotalDirectLobbyingGrp

Field	Value	IRS element (for citing)
Filing Organizations Total	$170,385	FilingOrganizationsTotalAmt

Total Lobbying Expend TotalLobbyingExpendGrp

Field	Value	IRS element (for citing)
Filing Organizations Total	$170,385	FilingOrganizationsTotalAmt

Other Exempt Purpose Expend OtherExemptPurposeExpendGrp

Field	Value	IRS element (for citing)
Filing Organizations Total	$1,000,945,394	FilingOrganizationsTotalAmt

Total Exempt Purpose Expend TotalExemptPurposeExpendGrp

Field	Value	IRS element (for citing)
Filing Organizations Total	$1,001,115,779	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	$80,303	CurrentYearMinus3Amt
Current Year Minus2	$61,525	CurrentYearMinus2Amt
Current Year Minus1	$58,142	CurrentYearMinus1Amt
Current Year	$170,385	CurrentYearAmt
Total	$370,355	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

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

Collection Used Other Purposes CollectionUsedOtherPurposesGrp

Field	Value	IRS element (for citing)
Collection Used Other Purposes	Yes (X)	CollectionUsedOtherPurposesInd
Other Purposes	DISPLAYED IN VISITOR CENTER	OtherPurposesDesc

Field	Value	IRS element (for citing)
Solicited Assets Sale	false	SolicitedAssetsSaleInd

CY Endwmt Fund CYEndwmtFundGrp

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 Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

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 Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

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 Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

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

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$126,421,721	BeginningYearBalanceAmt
Contributions	$925,685,737	ContributionsAmt
Investment Earnings Or Losses	$2,489,259	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$109,603	GrantsOrScholarshipsAmt
End Year Balance	$1,054,487,114	EndYearBalanceAmt

Field	Value	IRS element (for citing)
Board Designated Balance EOY	0.98900	BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY	0.01000	PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY	0.00100	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	$159,136,925	OtherCostOrOtherBasisAmt
Book Value	$159,136,925	BookValueAmt

Buildings BuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$1,155,437,726	OtherCostOrOtherBasisAmt
Depreciation	$187,505,586	DepreciationAmt
Book Value	$967,932,140	BookValueAmt

Field	Value	IRS element (for citing)
Leasehold Improvements		LeaseholdImprovementsGrp

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$223,856,142	OtherCostOrOtherBasisAmt
Depreciation	$144,655,168	DepreciationAmt
Book Value	$79,200,974	BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$132,437,282	OtherCostOrOtherBasisAmt
Depreciation	$29,752,285	DepreciationAmt
Book Value	$102,684,997	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$1,308,955,036	TotalBookValueLandBuildingsAmt
Financial Derivatives		FinancialDerivativesGrp
Closely Held Equity Interests		CloselyHeldEquityInterestsGrp

Other Securities OtherSecuritiesGrp (3 entries)

DescDesc	Book ValueBookValueAmt	Method ValuationMethodValuationCd
MULTI-ASSET CLASS	$619,172,307	F
PRIVATE EQUITY	$11,620,648	F
OTHER	$19,611,476	F

Field	Value	IRS element (for citing)
Total Book Value Securities	$650,404,431	TotalBookValueSecuritiesAmt
Federal Income Tax Liability	$0	FederalIncomeTaxLiabilityAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (4 entries)

DescDesc	AmtAmt
DUE TO/FROM FA FROM C&C JETTING	-$17,457
GIFT ANNUITIES PAYABLE	$30,343,307
OBLIGATIONS UNDER CAPITAL LEASES	$214,836
INTEREST AGREEMENT	$1,219,905

Field	Value	IRS element (for citing)
Total Liability	$31,760,591	TotalLiabilityAmt
Footnote Text	Yes (X)	FootnoteTextInd
Total Rev Etc Audited Fincl Stmt	$1,040,714,314	TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst	$28,569,831	NetUnrealizedGainsInvstAmt
Donated Services And Use Fclts	$1,646,039	DonatedServicesAndUseFcltsAmt
Recoveries Prior Year Grants	$0	RecoveriesPriorYearGrantsAmt
Other Revenue	-$1,441,634	OtherRevenueAmt
Revenue Not Reported	$28,774,236	RevenueNotReportedAmt
Revenue Subtotal	$1,011,940,078	RevenueSubtotalAmt
Investment Expenses Not Incld	$0	InvestmentExpensesNotIncldAmt
Other Revenues Not Included	$277,655,007	OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt	$277,655,007	RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990	$1,289,595,085	TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt	$724,505,364	TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts	$1,646,039	DonatedServicesUseFcltsAmt
Prior Year Adjustments	$0	PriorYearAdjustmentsAmt
Losses Reported	$0	LossesReportedAmt
Other Expenses Included	-$601,447	OtherExpensesIncludedAmt
Expenses Not Reported	$1,044,592	ExpensesNotReportedAmt
Expenses Subtotal	$723,460,772	ExpensesSubtotalAmt
Other Expenses Not Included	$277,655,007	OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt	$277,655,007	ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990	$1,001,115,779	TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (8 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
Part III, Line 1A:	LIBERTY UNIVERSITY HAS A COLLECTION OF SEVERAL ANIMAL TROPHIES DONATED BY A LOCAL RESIDENT. THE AUDITED FINANCIAL STATEMENTS OF THE FISCAL YEAR ENDING JUNE 30, 2019 OF LIBERTY UNIVERSITY DO NOT CONTAIN A FOOTNOTE DESCRIBING THIS COLLECTION BECAUSE IT WAS DONATED SEVERAL YEARS AGO. HOWEVER, A FOOTNOTE WITHIN THE AFS DOES DESCRIBE THE ACCOUNTING POLICY OF LIBERTY UNIVERSITY IN ACCOUNTING FOR CONTRIBUTIONS OF WORKS OF ART, HISTORICAL TREASURES, AND OTHER SIMILAR ITEMS: "CONTRIBUTIONS OF WORKS OF ART, HISTORICAL TREASURES AND SIMILAR ASSETS HELD AS PART OF COLLECTIONS ARE NOT RECOGNIZED OR CAPITALIZED."
Part III, Line 4:	LIBERTY UNIVERSITY HAS A COLLECTION OF SEVERAL ANIMAL TROPHIES DONATED BY A LOCAL RESIDENT. THE ANIMAL TROPHIES ARE DISPLAYED WITHin THE UNIVERSITY'S FACILITIES FOR ThE EDUCATION AND ENJOYMENT OF STUDENTS AND VISITORS. THERE IS NO ADMISSION CHARGE FOR VIEWING THE COLLECTION AND LIBERTY UNIVERSITY DOES NOT ADVERTISE THAT THE COLLECTION IS 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.
Part X, Line 2:	THE INTERNAL REVENUE SERVICE HAS RULED THAT THE UNIVERSITY QUALIFIES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS, THEREFORE, NOT GENERALLY SUBJECT TO INCOME TAXES UNDER PRESENT TAX LAWS. MANAGEMENT BELIEVES THAT ANY INCOME TAX LIABILITY RESULTING FROM UNRELATED BUSINESS INCOME FOR THE YEARS ENDED JUNE 30, 2019 AND 2018 WOULD NOT HAVE A SIGNIFICANT IMPACT ON THE UNIVERSITY'S RESULTS OF ACTIVITIES. CERTAIN SUBSIDIARIES OF THE UNIVERSITY ARE TAXED AS SEPARATE ENTITIES. The impact of taxes from taxable entities is not material to the accompanying consolidated financial statements and therefore such information has not been itemized herein.
Part XI, Line 2D - Other Adjustments:	Rent Expense netted with rent revenue on line 6b 11,813,639 Tax adjustment for subs requiring separate returns 23,780,291 Fundraising expense netted with fundraising rev. on line 8b 44,742 ASU 606 reclass for books not for tax (30,607,283) Change in split interest agreements not recognized for tax (840,187) Invest. expense not netted for tax return: Part X line 11f (5,632,836) TOTAL TO PART XI, LINE 2D (1,441,634)
Part XI, Line 4B:	INSTITUTIONAL SCHOLARSHIPS 277,655,007 TOTAL TO Part XI, LINE 4B 277,655,007
Part XII, Line 2D - Other Adjustments:	Rent Expense netted with rent revenue on line 6b 11,813,639 Tax adjustment for subs requiring separate returns 23,780,291 Fundraising expense netted with fundraising rev. on line 8b 44,742 ASU 606 reclass for books not for tax (30,607,283) Invest. expense not netted for tax return: Part X line 11f (5,632,836) Total to Part XII, Line 2d (601,447)
Part XII, Line 4B - Other Adjustments	INSTITUTIONAL SCHOLARSHIPS 277,655,007 TOTAL TO Part XII, LINE 4B 277,655,007

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 (12 entries)

RegionRegionTxt	Type Of Activities ConductedTypeOfActivitiesConductedTxt	Region Total ExpendituresRegionTotalExpendituresAmt	OfficesOfficesCnt	EmployeeEmployeeCnt	Specific Services ProvidedSpecificServicesProvidedTxt
Central America and the Caribbean	Investments	$70,078,724
Central America and the Caribbean	Program Services	$17,811	0	0	mission trip/study abr
South America	Program Services	$5,176	0	0	mission trip/study abr
North America	Program Services	$35,151	0	0	mission trip/study abr
Europe (Including Iceland and Greenland)	Program Services	$338,745	0	0	mission trip/study abr
South Asia	Program Services	$10,431	0	0	mission trip/study abr
East Asia and the Pacific	Program Services	$58,021	0	0	mission trip/study abr
Middle East and North Africa	Program Services	$248,695	0	0	mission trip/study abr
Sub-Saharan Africa	Program Services	$61,025	0	0	mission trip/study abr
Europe (Including Iceland and Greenland)	Program Services	$29,600	0	3	DISTANCE LEARNING
North America	Program Services	$18,500	0	1	DISTANCE LEARNING
Middle East and North Africa	Program Services	$13,100	0	1	DISTANCE LEARNING

Field	Value	IRS element (for citing)
Subtotal Offices	0	SubtotalOfficesCnt
Subtotal Employees	5	SubtotalEmployeesCnt
Total Office	0	TotalOfficeCnt
Total Employee	5	TotalEmployeeCnt
Subtotal Spent	$70,914,979	SubtotalSpentAmt
Total Spent	$70,914,979	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	$13,400	GrossReceiptsEvent1Amt
Charitable Contri Event1	$9,807	CharitableContriEvent1Amt
Gross Revenue Event1	$3,593	GrossRevenueEvent1Amt
Cash Prizes Event1	$0	CashPrizesEvent1Amt
Non Cash Prizes Event1	$838	NonCashPrizesEvent1Amt
Rent Facility Costs Event1	$0	RentFacilityCostsEvent1Amt
Food And Beverage Event1	$5,844	FoodAndBeverageEvent1Amt
Entertainment Event1	$694	EntertainmentEvent1Amt
Other Direct Expenses Event1	$3,575	OtherDirectExpensesEvent1Amt
Event2	GOLF TOURNAMENT	Event2Nm
Gross Receipts Event2	$51,966	GrossReceiptsEvent2Amt
Charitable Contri Event2	$0	CharitableContriEvent2Amt
Gross Revenue Event2	$51,966	GrossRevenueEvent2Amt
Cash Prizes Event2	$0	CashPrizesEvent2Amt
Non Cash Prizes Event2	$18,219	NonCashPrizesEvent2Amt
Rent Facility Costs Event2	$7,029	RentFacilityCostsEvent2Amt
Food And Beverage Event2	$1,284	FoodAndBeverageEvent2Amt
Entertainment Event2	$0	EntertainmentEvent2Amt
Other Direct Expenses Event2	$1,092	OtherDirectExpensesEvent2Amt
Other Events Total	1	OtherEventsTotalCnt
Gross Receipts Other Events	$7,911	GrossReceiptsOtherEventsAmt
Charitable Contri Other Events	$0	CharitableContriOtherEventsAmt
Gross Revenue Other Events	$7,911	GrossRevenueOtherEventsAmt
Cash Prizes Other Events	$0	CashPrizesOtherEventsAmt
Non Cash Prizes Other Events	$746	NonCashPrizesOtherEventsAmt
Rent Fclty Costs Other Events	$2,500	RentFcltyCostsOtherEventsAmt
Food And Beverage Other Events	$0	FoodAndBeverageOtherEventsAmt
Entertainment Other Events	$0	EntertainmentOtherEventsAmt
Oth Direct Expnss Other Events	$2,921	OthDirectExpnssOtherEventsAmt
Gross Receipts Total	$73,277	GrossReceiptsTotalAmt
Charitable Contributions Tot	$9,807	CharitableContributionsTotAmt
Gross Revenue Total Events	$63,470	GrossRevenueTotalEventsAmt
Cash Prizes Total Events	$0	CashPrizesTotalEventsAmt
Non Cash Prizes Total Events	$19,803	NonCashPrizesTotalEventsAmt
Rent Fclty Costs Total Events	$9,529	RentFcltyCostsTotalEventsAmt
Food And Beverage Total Events	$7,128	FoodAndBeverageTotalEventsAmt
Entertainment Total Events	$694	EntertainmentTotalEventsAmt
Oth Direct Expnss Total Events	$7,588	OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events	$44,742	DirectExpenseSummaryEventsAmt
Net Income Summary	$18,728	NetIncomeSummaryAmt

Schedule I IRS990ScheduleI

Field	Value	IRS element (for citing)
Grant Records Maintained	Yes (true)	GrantRecordsMaintainedInd

Recipient Table RecipientTable (17 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	24515	541939910	501(c)3	$736,706	Supportive Christian non-profit organization
Citizens United
1006 Pennsylvania Ave SE	Washington	DC	200024958	911433368	501(c)4	$300,000	issue based education
Heritage Action for America
214 Massachusetts Ave NE	Washington	DC	200024958	272244700	501(c)4	$300,000	issue based education
Vineyard Outreach America
815A Brazos St	Austin	TX	787012502	814793936	501(c)3	$300,000	Issue Based Education
University of Lynchburg
1501 Lakeside Dr	Lynchburg	VA	245013113	540505922	501(c)3	$250,000	Community Support
Lynchburg Regional Business Alliance
2015 Memorial Ave	Lynchburg	VA	24501	540165020	501(c)6	$100,000	Community Support
Old Time Gospel Hour
1971 University Blvd	Lynchburg	VA	24515	237293001	501(c)3	$43,284	Supportive Christian non-profit organization
Gainey Foundation
1593 Galbraith Ave	Grand Rapids	MI	49546	912025454	501(c)3	$40,000	Supportive Christian non-profit organization
The Chapel at Rosemary Beach
PO Box 611041	Rosemary Beach	FL	324611000	205751679	501(c)3	$20,000	Disaster relief
The Family Resource Center
2317 Commandant Gade	St Thomas	VI	00802	660423539	501(c)3	$14,777	Disaster Relief
Primera Iglesia Bautista De Arecibo
PO Box 9564 Cotto Station	Arecibo	PR	00613	660508800	501(c)3	$9,317	Disaster Relief
A Simple Faith Church
PO BOX 4943	Santa Rosa Beach	FL	32439	260607033	501(c)3	$6,015	Hurricane Relief
Lynchburg Humane Society Inc
1211 Old Graves Mill Rd	Lynchburg	VA	24502	540570901	501(c)3	$6,000	Community Support
Liberty Christian Academy
3701 Candlers Mountain Rd	Lynchburg	VA	24502	540831546	501(c)3		Supportive Christian non-profit organization	$6,203	cost	maintenance material
University of Lynchburg
1501 Lakeside Dr	Lynchburg	VA	245013113	540505922	501(c)3		Community Support	$126,198	cost	parking lot
Ramp Church
701 Thomas Road	Lynchburg	VA	24502	593819255	501(c)3		Community Support	$11,174	cost	maintenance material
Faith and Freedom Coalition
3700 CRESTWOOD PKWY NW STE 975	Duluth	GA	300967212	270182697	501(c)4	$2,225,000	NonPartisan voter education

Field	Value	IRS element (for citing)
Total501c3 Org	13	Total501c3OrgCnt
Total Other Org	4	TotalOtherOrgCnt

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (3 entries)

Grant TypeGrantTypeTxt	RecipientRecipientCnt	Cash GrantCashGrantAmt
Missionary Assistance	65	$185,667
Benevolence	49	$91,570
Scholarships	92875	$276,940,472

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	false	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	Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt	Bonus Filing OrganizationBonusFilingOrganizationAmount	Bonus Related OrganizationsBonusRelatedOrganizationsAmt	Other Compensation Filing OrgOtherCompensationFilingOrgAmt	Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt	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
Mr Jerry Falwell
Chancellor/President	$1,099,356	$0	$0	$0	$0	$0	$24,500	$0	$35,155	$0	$1,159,011	$0	$0	$0
Mr David Corry
General Counsel/Secretary	$246,114	$0	$0	$0	$0	$0	$12,115	$0	$24,344	$0	$282,573	$0	$0	$0
Mr Dan Applewhite
Deputy General Counsel/Assista	$201,785	$0	$0	$0	$0	$0	$9,809	$0	$12,124	$0	$223,718	$0	$0	$0
Dr Scott Hicks
Provost and Chief Academic Off	$230,645	$0	$100,000	$0	$0	$0	$8,982	$0	$13,980	$0	$353,607	$0	$0	$0
Mr Don Moon
SR VP of Investment Management	$258,135	$0	$0	$0	$0	$0	$12,522	$0	$17,384	$0	$288,041	$0	$0	$0
Dr Robert Ritz
EVP Finance	$314,339	$0	$0	$0	$0	$0	$14,000	$0	$25,334	$0	$353,673	$0	$0	$0
Mr Randall Smith
EVP & COO	$311,903	$0	$0	$0	$0	$0	$15,750	$0	$22,414	$0	$350,067	$0	$0	$0
Mr Trey Falwell
VP of University Operations	$207,388	$0	$0	$0	$0	$0	$10,167	$0	$16,755	$0	$234,310	$0	$0	$0
Mr John Gauger
CIO	$252,810	$0	$0	$0	$0	$0	$12,475	$0	$24,441	$0	$289,726	$0	$0	$0
Dr Lawrence Hine
Senior VP of Student Affairs	$183,422	$0	$0	$0	$0	$0	$9,009	$0	$20,551	$0	$212,982	$0	$0	$0
Mr Chris Johnson
EVP for Resident Enrollment	$225,124	$0	$0	$0	$0	$0	$10,150	$0	$23,236	$0	$258,510	$0	$0	$0
Mr Ronald Kennedy
EVP of Enrollment & Marketing	$268,245	$0	$125,000	$0	$0	$0	$13,264	$0	$26,153	$0	$432,662	$0	$0	$0
Mr Ian McCaw
Director of Athletics	$492,115	$0	$0	$0	$0	$0	$22,500	$0	$28,403	$0	$543,018	$0	$0	$0
Mr David Nasser
SR VP of Spiritual Development	$366,593	$0	$0	$0	$0	$0	$17,307	$0	$24,033	$0	$407,933	$0	$0	$0
Mr Charles Spence
SR VP of Facilities Management	$239,197	$0	$0	$0	$0	$0	$11,453	$0	$21,799	$0	$272,449	$0	$0	$0
Dr Shawn Akers
Online Provost	$183,592	$0	$0	$0	$0	$0	$6,897	$0	$10,623	$0	$201,112	$0	$0	$0
Ms Laura Wallace
EVP for Human Resources	$289,217	$0	$50,000	$0	$0	$0	$14,342	$0	$18,560	$0	$372,119	$0	$0	$0
Mr Turner Gill
Head Coach-Football	$756,221	$0	$0	$0	$0	$0	$24,500	$0	$30,013	$0	$810,734	$0	$0	$0
Mr Ritchie McKay
Head Coach-Men's Basketball	$600,790	$0	$0	$0	$0	$0	$24,500	$0	$29,979	$0	$655,269	$0	$0	$0
Dr Peter Bell
Dean, LU College of Osteopathi	$439,915	$0	$0	$0	$0	$0	$22,500	$0	$26,409	$0	$488,824	$0	$0	$0
Mr Carey Green
Head Coach-Women's Basketball	$313,539	$0	$0	$0	$0	$0	$12,111	$0	$22,632	$0	$348,282	$0	$0	$0
Mr Brian Faulkner
Dean, School of Law	$254,092	$0	$0	$0	$0	$0	$12,849	$0	$24,952	$0	$291,893	$0	$0	$0
Dr Ben Gutierrez
Former Key Employee	$212,560	$0	$0	$0	$0	$0	$9,081	$0	$18,569	$0	$240,210	$0	$0	$0
Mr Christian Kennedy
Former Officer	$121,255	$0	$0	$0	$0	$0	$6,167	$0	$18,219	$0	$145,641	$0	$0	$0
Dr Ronald Hawkins
Former Officer	$255,617	$0	$0	$0	$0	$0	$12,600	$0	$21,598	$0	$289,815	$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: 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	Head Football Coach, Turner Gill resigned effective 12/14/2018, and received all compensation through 12/14/2018 as per normal HR practice with a resignation. In addition, the University and Coach Gill executed a contract addendum effective 12/3/2018 that specified a set dollar amount that Coach Gill would receive to conclude his contract pay with the University. This set dollar amount was paid 1/15/2019.
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	$1,074,238	IssuanceCostsFromProceedsAmt
Credit Enhancement	$0	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	0.01450	PrivateBusUseByOthersPct
Private Bus Concerning UBI	0.00020	PrivateBusConcerningUBIPct
Total Private Business Use	0.01470	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	(F) Description of Purpose REFINANCE DEBT,EDUCATIONAL RELATED NEW CONSTRUCTION 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
President/Trustee	A/R for Services	Yes (X)	$175,627	$175,627	false	Yes (true)	Yes (true)
related to substantial contributor
related to substantial contributor	Real Prop. Purchase	Yes (X)	$292,885	$288,331	false	false	Yes (true)

Field	Value	IRS element (for citing)
Total Balance Due	$463,958	TotalBalanceDueAmt

Grnt Asst Bnft Interested Prsn GrntAsstBnftInterestedPrsnGrp (2 entries)

Cash GrantCashGrantAmt	Type Of AssistanceTypeOfAssistanceTxt	Assistance PurposeAssistancePurposeTxt	Relationship With OrgRelationshipWithOrgTxt
(no name)
$439,634	Grants to Dependents	Education Benefits
Tim Lee
$12,739	flight on univ. aircraft	assist wounded war vets	Board Member

Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp (34 entries)

Relationship DescriptionRelationshipDescriptionTxt	TransactionTransactionAmt	TransactionTransactionDesc	Sharing Of RevenuesSharingOfRevenuesInd
Bernie Beckles
Wife of Board Member	$20,500	compensation	false
Brandon Elrod
Son in law of Key Employee	$51,119	compensation	false
Wendy Kennedy
Spouse of Former Officer	$91,667	compensation	false
Dr Elmer Towns
Co-founder	$133,585	compensation	false
Emily Hine Elrod
Daughter of Key Employee	$57,201	compensation	false
Jennifer Kennedy
Wife of Key Employee	$60,600	compensation	false
Jennifer Nasser
Wife of Key Employee	$67,619	compensation	false
Jessica Smith
Daughter of Key Employee	$41,811	compensation	false
Jonathan Wallace
Son of Key Employee	$78,395	compensation	false
Kathleen Spence
Wife of Key Employee	$58,333	compensation	false
Laura Falwell
Daughter in law of Board Member/Officer	$59,193	compensation	false
Nastaran Morgan
Sister of Key Employee	$53,826	compensation	false
Robert N Ritz
Son of Officer	$32,433	compensation	false
Rudy Nasser
Son of Key Employee	$25,550	compensation	false
Sarah Falwell
Wife of Key Employee	$72,211	compensation	false
Scott Dow
Nephew of Officer	$33,942	compensation	false
Scott Hawkins
Son of Former Officer	$195,103	compensation	false
Tammy Gutierrez
Wife of former key employee	$28,280	compensation	false
Vincent Tickle
Son in law of Board Member	$100,033	compensation	false
Virginia Dow
Sister in Law of Officer	$91,581	compensation	false
Wesley Falwell
Son of Board Member/Officer	$78,489	compensation	false
Cedar Ridge Management
owned by son of board member/officer	$40,748	payment for services	false
JF Management
owned by key employee	$46,340	payment for services	false
Redfinch Solutions
owned by key employee	$96,000	payment for services	false
Spence Construction Remodeling
owned by the son of a key employee	$125,217	construction services	false
SUBSTANTIAL CONTRIBUTOR
SUBSTANTIAL CONTRIBUTOR	$506,369	demolition services	false
SUBSTANTIAL CONTRIBUTOR
SUBSTANTIAL CONTRIBUTOR	$283,567	survey, engineer, planning	false
SUBSTANTIAL CONTRIBUTOR
SUBSTANTIAL CONTRIBUTOR	$584,004	Fuel Services	false
SUBSTANTIAL CONTRIBUTOR
SUBSTANTIAL CONTRIBUTOR	$389,645	heating and air installation	false
SUBSTANTIAL CONTRIBUTOR
SUBSTANTIAL CONTRIBUTOR	$36,170,574	construction services	false
SUBSTANTIAL CONTRIBUTOR
SUBSTANTIAL CONTRIBUTOR	$860,759	media services	false
SUBSTANTIAL CONTRIBUTOR
SUBSTANTIAL CONTRIBUTOR	$4,697,824	investment management services	false
SUBSTANTIAL CONTRIBUTOR
SUBSTANTIAL CONTRIBUTOR	$5,773,212	sponsorship	false
SUBSTANTIAL CONTRIBUTOR
SUBSTANTIAL CONTRIBUTOR	$329,409	vehicle repair services	false

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	Part II, Line 2	FormAndLineReferenceDesc
Explanation	Due to security concerns related to using outside contractors, the University performed repair and renovation work on the presidents personal residence which is also used for University purposes. Upon completion and invoicing, the president promptly reimbursed the University for these costs on August 15, 2019. See disclosure below.	ExplanationTxt

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	$46,003	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
Real Estate Commercial		RealEstateCommercialGrp
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	2	$19,900	FMV
Yes (X)	Equipment	2	$108,979	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 (8 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
FORM 990, PART 1, LINE 1, DESCRIPTION OF ORGANIZATION MISSION:	LIBERTY UNIVERSITY, INC. IS A CHRISTIAN ACADEMIC COMMUNITY IN THE TRADITION OF EVANGELICAL INSTITUTIONS OF HIGHER EDUCATION, WITH THE PRIMARY MISSION OF PROVIDING QUALITY COLLEGIATE EDUCATION.
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.
FORM 990, PART VI, SECTION B, LINE 11B:	THE FORM 990 FOR FY JUNE 30, 2019 WAS PROVIDED BEFORE FILING TO THE CHANCELLOR/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 AND, PURSUANT TO THE BYLAWS, BRINGS ANY DISCLOSED CONFLICTS OF INTEREST TO THE AUDIT COMMITTEE. IF A CONFLICT OF INTEREST ARISES IT IS HANDLED ON A CASE BY CASE BASIS WHERE LEGAL COUNSEL, THE CHAIRMAN OF THE BOARD OF TRUSTEES 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 and the audited financial statements are available on the DAC Bond website.
FORM 990, PART XI, LINE 9, CHANGES IN NET ASSETS:	Change in Split Interest Agreement (840,187)
FORM 990, PART XII, LINE 2C:	THE ORGANIZATION DID NOT CHANGE ITS OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR.

Schedule R IRS990ScheduleR

Id Disregarded Entities IdDisregardedEntitiesGrp (25 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
C&C Aviation LLC
1971 University Blvd	Lynchburg	VA	24515	540946734	Univ. Travel	VA	$389,212	$10,258,511	Liberty Univ
LU Plaza Holdings LLC
1971 University Blvd	Lynchburg	VA	24515	270217985	Real Estate	VA	$2,023,452	$26,386,893	Liberty Univ
LU Candlers Station Holdings LLC
1971 University Blvd	Lynchburg	VA	24515	271753489	Real estate	VA	$2,031,925	$27,374,404	Liberty Univ
Liberty Ridge LLC
1971 University Blvd	Lynchburg	VA	24515	270714028	Real Estate	VA	$269,281	$9,488,602	Liberty Univ
Ivy Hill Recreation LLC
1971 University Blvd	Lynchburg	VA	24515	460903360	Student Rec	VA	$0	$292,885	Liberty Univ
Morning Star Broadcasting LLC
1971 University Blvd	Lynchburg	VA	24515	463731118	TV Broadcasti	VA	$3,632	$1,029,687	Liberty Univ
Crossroads Investments LLC
1971 University Blvd	Lynchburg	VA	24515	473991939	Real Estate	VA	$5,400	$672,755	Liberty Univ
Liberty Mountain Medical Group LLC
1971 University Blvd	Lynchburg	VA	24515	472935244	COCA accredia	VA	$128	$348,472	Liberty Univ
Burton Realty I LLC
1971 University Blvd	Lynchburg	VA	24515	540946734	Real Estate	VA	$40,984	$7,993,646	Liberty Univ
Burton Realty II LLC
1971 University Blvd	Lynchburg	VA	24515	540946734	Real Estate	VA	$42,728	$8,333,801	Liberty Univ
Burton Realty III LLC
1971 University Blvd	Lynchburg	VA	24515	540946734	Real Estate	VA	$872	$170,078	Liberty Univ
Burton Realty IV LLC
1971 University Blvd	Lynchburg	VA	24515	540946734	Real Estate	VA	$872	$170,078	Liberty Univ
Burton Realty V LLC
1971 University Blvd	Lynchburg	VA	24515	540946734	Real Estate	VA	$872	$170,078	Liberty Univ
Burton Realty VI LLC
1971 University Blvd	Lynchburg	VA	24515	540946734	Real Estate	VA	$872	$170,078	Liberty Univ
Liberty Motion Pictures LLC
1971 University Blvd	Lynchburg	VA	24515	465653798	Student Prod	VA	$0	$34,563	Liberty Univ
Airport Plaza Holdings LLC
1971 University Blvd	Lynchburg	VA	24515	471347963	Real Estate	VA	$620,742	$7,960,210	Liberty Univ
Red Tie Music LLC
1971 University Blvd	Lynchburg	VA	24515	461340766	Student Publi	VA	$50,556	$131,955	Liberty Univ
Liberty Health Services LLC
1971 University Blvd	Lynchburg	VA	24515	475575947	COCA accredia	VA	$137,166	$2,397,952	Liberty Univ
LUCOM Graduate Medical Education Service
1971 University Blvd	Lynchburg	VA	24515	831769271	Med Education	VA	$0	$0	Liberty Univ
River Ridge Mall JV LLC
1971 University Blvd	Lynchburg	VA	24515	811762010	Real Estate	VA	$6,933,521	$53,943,202	Liberty Univ
LU Wards Road Center Holdings LLC
1971 University Blvd	Lynchburg	VA	24515	825392968	Real Estate	VA	$128,049	$6,439,324	Liberty Univ
Jerry Falwell Ministries LLC
1971 University Blvd	Lynchburg	VA	24515	832633425	Donations	VA	$14,753	$14,663	Liberty Univ
Currus Holdings LLC
1971 University Blvd	Lynchburg	VA	24515	841924710	Real estate	VA	$640	$1,000,472	Liberty Univ
Eleanor's Bench LLC
1971 University Blvd	Lynchburg	VA	24515	540946734	Student Prod	VA	$0	$0	Liberty Univ
LU Candler's Mountain Road Holdings LLC
1971 University Blvd	Lynchburg	VA	24515	540946734	Real Estate	VA	$0	$3,897,193	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 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	$1,054,629	$7,962,847	1.00000	Yes (true)
LIBERTY MOUNTAIN CAPITAL INC
1971 UNIVERSITY BLVD	LYNCHBURG	VA	24515	272376207	INVESTMENT	VA	LIBERTY UNIVERS	C CORP	-$28,168	$510,574	1.00000	Yes (true)
G&J THOMAS INC
1971 UNIVERSITY BLVD	LYNCHBURG	VA	24515	450596703	STUDENT HOUSING	VA	LIBERTY UNIVERS	S CORP	$138,902	$49,974	1.00000	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	Yes (true)	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 (6 entries)

Transaction TypeTransactionTypeTxt	InvolvedInvolvedAmt	Method Of Amount DeterminationMethodOfAmountDeterminationTxt
FREEDOM AVIATION
A	$23,339	Accrual
OLD TIME GOSPEL HOUR
A	$10,645	Accrual
FREEDOM AVIATION
J	$40,857	Accrual
G&J THOMAS INC
K	$413,325	Accrual
FREEDOM AVIATION
M	$5,343,478	Accrual
FREEDOM AVIATION
P	$185,237	Accrual