2019-05-15T08:20:08-05:00 2018-06-30 KPMG LLP 60 South Street Boston MA 02111 990 2017-07-01 042133255 SUFFOLK UNIVERSITY % LAURA SANDER SUFF 6175738400 8 ASHBURTON PLACE BOSTON MA 021082770 LAURA SANDER Senior VP/Treasurer 6175738400 2019-05-14 true JACOB K JOHNSON P01763226 6179881000 2019-05-14 167.68.102.5 04502320191355000004 2019-05-15 P 9C37FB02EE77A6FF00EC66693955615721E3AD8A 072F242B0F8FA55BC44C4BBFD6D81B3F0B7E1C92 2017 2019-02-21 02:37:17Z LAURA SANDER 8 ASHBURTON PLACE BOSTON MA 021082770 359968487 false X WWW.SUFFOLK.EDU X 1914 MA At Suffolk University we are driven by the power of education, inclusion, and engagement to change lives and positively impact communities.*CONTINUED ON SCHEDULE O* 23 22 3289 470 386436 118015 7803759 19952091 278733169 279456034 8659644 12620116 3368306 4086363 298564878 316114604 83333689 89586269 0 0 114123083 113434108 122759 0 2142881 97369655 98477609 294949186 301497986 3615692 14616618 703062164 719297237 385845495 381854131 317216669 337443106 X AT SUFFOLK UNIVERSITY WE ARE DRIVEN BY THE POWER OF EDUCATION, INCLUSION, AND ENGAGEMENT TO CHANGE LIVES AND POSITIVELY IMPACT COMMUNITIES. *CONTINUED ON SCHEDULE O* false false 118922853 39842737 134043956 THE COLLEGE OF ARTS AND SCIENCES PREPARES STUDENTS OF ALL AGES AND BACKGROUNDS TO LIVE MORE FULFILLING LIVES, TO APPRECIATE AND CONTRIBUTE TO THE COMMUNITIES OF WHICH THEY ARE MEMBERS AND TO REACH THEIR ETHICAL, PERSONAL, INTELLECTUAL AND FINANCIAL GOALS. TO HELP ITS STUDENTS MAXIMIZE THEIR POTENTIAL, THE COLLEGE EMPHASIZES CRITICAL AND ANALYTICAL THINKING THROUGH A RIGOROUS "SUCCESS SKILLS" UNDERGRADUATE CORE PROGRAM IN WRITTEN AND ORAL COMMUNICATION, COMPUTING, ANALYZING AND INTEGRATING. *CONTINUED ON SCHEDULE O* 103027689 35779412 99194561 THE SAWYER BUSINESS SCHOOL (SBS) CREATES A LEARNING ENVIRONMENT THAT ENABLES STUDENTS TO EMERGE AS SUCCESSFUL LEADERS IN THE PRACTICE OF GLOBAL BUSINESS AND PUBLIC SERVICES. THE SBS VALUES EXCELLENCE IN EDUCATION AND RESEARCH, AND WORKS WITH ITS STUDENTS, ALUMNI, AND BUSINESS PARTNERS TO ACHIEVE THEIR GOALS. THE PROGRAMS ARE BUILT ON THE CORE VALUES OF PROMOTING OPPORTUNITY, EXCELLENCE, QUALITY TEACHING, INCLUSION AND COLLABORATION, AND EXCEPTIONAL SERVICE. 32994749 13964120 46354207 THE LAW SCHOOL IS DEDICATED TO WELCOMING STUDENTS FROM ALL BACKGROUNDS AND CIRCUMSTANCES AND EDUCATING THEM TO BECOME HIGHLY SKILLED AND ETHICAL LAWYERS WHO ARE WELL-PREPARED TO SERVE IN THEIR LOCAL COMMUNITIES, ACROSS THE NATION, AND AROUND THE WORLD. THE LAW SCHOOL SEEKS TO DEVELOP IN ITS STUDENTS THE SKILLS NECESSARY TO SERVE THE PROFESSION'S CHANGING NEEDS IN AN INCREASINGLY DIVERSE, GLOBAL AND TECHNOLOGICALLY-DEPENDENT SOCIETY. *CONTINUED ON SCHEDULE O* 254945291 true true false true false false false true false true true false false false true true false true true true true false true false false false false true true true true false false false false false false false false false true true false false false false true true true false false true 387 0 true 3289 true true true true SP false false false true true false false false false X 23 22 false false true false false false false true true false false true true true true true true true true true false MA X X LAURA SANDER 6175738400 8 ASHBURTON PLACE BOSTON MA 02108 ROBERT C LAMB JR Chair 1.0 0.0 X 0 0 0 JOHN L BROOKS III Trustee 1.0 0.0 X 0 0 0 JEANETTE G CLOUGH Trustee 1.0 0.0 X 0 0 0 DANIEL F CONLEY ESQ Trustee 1.0 0.0 X 0 0 0 SUSAN CONNELLY Trustee 1.0 0.0 X 0 0 0 MARIA DIPIETRO Trustee 1.0 0.0 X 0 0 0 JOHN FERNANDEZ Trustee 1.0 0.0 X 0 0 0 JILL S GABBE Trustee 1.0 0.0 X 0 0 0 PATRICIA J GANNON Trustee 1.0 0.0 X 0 0 0 RUSSELL A GAUDREAU JR ESQ Trustee (THROUGH 06/22/18) 1.0 0.0 X 0 0 0 ERNST GUERRIER ESQ Trustee 1.0 0.0 X 0 0 0 JOHN F HARRINGTON Trustee 1.0 0.0 X 0 0 0 J ROBERT JOHNSON Trustee 1.0 0.0 X 0 0 0 PATRICK F JORDAN Trustee 1.0 0.0 X 0 0 0 IVANA MAGOVCEVIC-LIEBISCH Trustee 1.0 0.0 X 0 0 0 JOHN L MCDONNELL Trustee (THROUGH 03/09/18) 1.0 0.0 X 0 0 0 BEVILTON MORRRIS Trustee 1.0 0.0 X 0 0 0 JENNIFER A NASSOUR ESQ Trustee (THROUGH 06/22/18) 1.0 0.0 X 0 0 0 THE HONORABLE AMY L NECHTEM Trustee 1.0 0.0 X 0 0 0 CAROL SAWYER PARKS Trustee 1.0 0.0 X 0 0 0 WILLIAM A POPELESKI JR Trustee (Through 04/13/18) 1.0 0.0 X 0 0 0 SUSAN RUGNETTA Trustee 1.0 0.0 X 0 0 0 E MACEY RUSSELL ESQ Trustee 1.0 0.0 X 0 0 0 LARRY SMITH Trustee 1.0 0.0 X 0 0 0 NANCY STACK Trustee 1.0 0.0 X 0 0 0 MARK E SULLIVAN ESQ Trustee 1.0 0.0 X 0 0 0 TARA L TAYLOR Trustee 1.0 0.0 X 0 0 0 MARISA KELLY President 50.0 0.0 X 496741 0 78712 LAURA SANDER SENIOR VP/TREASURER 50.0 0.0 X 303640 0 34904 SEBASTIAN ROYO SVP/ACTING PROVOST 50.0 0.0 X 270680 0 69591 COLM RENEHAN SVP/Advancement 50.0 0.0 X 265874 0 56261 JOHN NUCCI SVP/GOV'T & COMMUNITY AFFAIRS 50.0 0.0 X 247154 0 34327 MICHAEL CROWLEY SVP/ENROLLMENT MGMT 50.0 0.0 X 237700 0 43434 GREGOR GATLIN VP/Marketing and Communication 50.0 0.0 X 158048 0 64277 ANDREW PERLMAN Dean 50.0 0.0 X 321000 0 73419 WILLIAM O'NEILL Dean 50.0 0.0 X 289438 0 66991 ASAKO M TOYODA Dean 50.0 0.0 X 246710 0 34327 ANN COYNE Dean 50.0 0.0 X 153816 0 33892 JAMES WALLACE SR DIRECTOR/FACILITIES 50.0 0.0 X 160715 0 21516 THOMAS DORER General Counsel 50.0 0.0 X 259271 0 60490 KENNETH GREENBERG Professor 50.0 0.0 X 244259 0 46149 MICHAEL BEHNAM Associate Dean 50.0 0.0 X 242191 0 58461 THOMAS LYNCH III CIO 50.0 0.0 X 232552 0 44697 SHAHRIAR KHAKSARI Professor 50.0 0.0 X 225045 0 74473 JANICE GRIFFITH PROFESSOR 50.0 0.0 X 216808 0 52800 ALASDAIR ROBERTS Professor 0.0 0.0 X 570650 0 0 5142292 0 948721 234 true true false CW FACILITY SERVICES INC 275 Grove Street Suite 3-200 AUBURNDALE MA 02466 FACILITIES MAINT 8699648 SODEXO INC AFFILIATES PO BOX 360170 PITTSBURGH PA 15251 FOOD SERVICES 4662317 DECIBEL MEDIA LLC 12 CITY SQ FL 5 CHARLESTOWN MA 02129 ADVERTISING 1776134 DAPA RESEARCH INC 1 CENTRAL ROAD LYNNFIELD MA 01940 POLLING CENTER 428402 SEYFARTH SHAW LLP 2 SEAPORT LANE STE 300 BOSTON MA 02210 LEGAL SERVICES 422476 20 4606702 15345389 490198 19952091 TUITION AND FEES 611710 259971063 259971063 RESIDENCE HALLS AND DINING 721000 19484971 19165958 319013 279456034 6369534 67423 6302111 179404 179404 0 1500718 1500718 0 1500718 1500718 49889996 35065 43814558 39325 6075438 -4260 6071178 6071178 0 0 0 0 0 0 0 0 0 INTO SUFFOLK 900099 455703 455703 MISCELLANEOUS INCOME 900099 378329 378329 BOOKSTORE COMMISSIONS 900099 370681 370681 1380932 1380932 2585645 316114604 279592724 386436 16183353 154000 154000 88801913 88801913 630356 630356 0 3822038 1270080 2237974 313984 0 85023267 67188249 16820818 1014200 6238450 4932364 1227633 78453 11979658 9485078 2360774 133806 6370695 5041888 1242806 86001 0 880078 880078 259102 259102 2241 2241 0 987866 987866 1847786 436438 1411348 3368071 1980114 1282055 105902 1604333 1136917 271011 196405 5515577 2476031 2995197 44349 0 24231510 16833109 7398401 2032620 1532964 403328 96328 0 0 17462104 16721125 740979 0 14189632 13308091 881541 1560193 982910 577283 ACADEMIC SERVICES & SUPPORT 7599562 7599562 RESIDENCE HALL EXPENSES 3773407 3773407 OTHER PUBLIC SERVICE 2585558 2585558 LIBRARY EXPENSE 1892643 1892643 8685326 6182494 2429379 73453 301497986 254945291 44409814 2142881 0 0 49823124 38059959 1779579 11824209 3444326 6332376 0 0 0 0 0 0 0 0 1791778 2936144 557197075 167677250 393108260 389519825 218790132 226291007 14617770 24886585 9862253 9467243 0 0 9844942 9979889 703062164 719297237 26962834 27627547 0 0 7387037 6911634 346490089 337182652 0 0 0 0 0 0 0 0 5005535 10132298 385845495 381854131 X 277011229 283742905 11826545 19467975 28378895 34232226 317216669 337443106 703062164 719297237 X 14616618 5428861 180958 X false true X true true true X 7655271 8896768 8057795 7803759 19952091 52365684 0 0 7655271 8896768 8057795 7803759 19952091 52365684 123289 52242395 5921621 5683775 6497427 6437005 8049656 32589484 0 1126637 1810971 1345431 2011715 2585645 8880399 93835567 1419459032 0.55674 0.51426 X false false false false false false false false false true 2241 2241 false Form Sch C Part II-B Line 1a SUFFOLK UNIVERSITY PAYS MEMBERSHIP DUES TO VARIOUS EDUCATIONAL ASSOCIATIONS WHICH MAY ENGAGE IN LOBBYING ACTIVITIES ON BEHALF OF THEIR MEMBERS. MEMBERSHIP FEES TO THESE ORGANIZATIONS ALLOCABLE TO LOBBYING ACTIVITIES AMOUNTED TO $2,241. X X X X false 231720743 9810816 16512690 1287925 7175925 443480 249136919 181636189 34392019 23362074 1413660 5886340 369539 231720743 185813403 3530104 -533727 965496 5817504 390591 181636189 194540110 3795746 -1110491 6943309 4045659 422994 185813403 164687874 10189808 25023653 617667 4382933 360625 194540110 0.84713 0.11825 0.03462 true false 46455421 46455421 382394423 85492182 296902241 41868085 21565285 20302800 81305756 60092549 21213207 5173390 527234 4646156 389519825 0 REFUNDABLE US GOVERNMENT GRANT 5388082 TAXABLE BOND 4744216 10132298 X 325215656 5428861 4660057 10088918 315126738 987866 987866 316114604 304871029 4360909 4360909 300510120 987866 987866 301497986 DESCRIPTION OF ORGANIZATION'S COLLECTIONS PART III, LINE 4 THE UNIVERSITY'S COLLECTIONS CONSIST OF WORKS OF ART, ARTIFACTS, RARE BOOKS, HISTORICAL DOCUMENTS, AND OTHER SIMILAR MATERIALS THAT ARE HELD FOR EDUCATIONAL, RESEARCH, SCIENTIFIC, AND CURATORIAL PURPOSES. EACH OF THE ITEMS IS CATALOGED, PRESERVED, AND CARED FOR, AND ACTIVITIES VERIFYING THEIR EXISTENCE AND ASSESSING THEIR CONDITION ARE PERFORMED REGULARLY. AN EXAMPLE OF A COLLECTION HELD BY THE UNIVERSITY IS THE JOHN JOSEPH MOAKLEY ARCHIVE AND INSTITUTE. THE JOHN JOSEPH MOAKLEY ARCHIVE AND INSTITUTE AT SUFFOLK UNIVERSITY WAS ESTABLISHED BY SUFFOLK UNIVERSITY IN 2001 UPON CONGRESSMAN MOAKLEY'S GIFT OF HIS PAPERS. THE INSTITUTE IS DEDICATED TO THE PRESERVATION, STUDY, INTERPRETATION AND CELEBRATION OF CONGRESSMAN MOAKLEY'S LEGACY OF SERVICE AND POLITICAL AND PUBLIC POLICY LEADERSHIP THROUGH PROGRAMMING AND PROMOTION OF JOE MOAKLEY'S CONGRESSIONAL PAPERS. EXHIBIT PROGRAM: THE MOAKLEY INSTITUTE CURATES AND PRESENTS TWO TYPES OF EXHIBITS ON THE LIFE AND LEGACY OF CONGRESSMAN JOE MOAKLEY: GALLERY EXHIBITS AND TRAVELING EXHIBITS. CONGRESSMAN MOAKLEY PAPERS: THE CONGRESSMAN MOAKLEY PAPERS CONSIST OF 522 BOXES OF MATERIALS THAT DOCUMENT THE CONGRESSMAN'S EARLY LIFE, HIS WORLD WAR II SERVICE, HIS TERMS IN THE MASSACHUSETTS HOUSE OF REPRESENTATIVES AND SENATE, AND HIS SERVICE IN THE U.S. CONGRESS. PRIMARILY, THE COLLECTION COVERS MOAKLEY'S CONGRESSIONAL CAREER FROM 1973 TO 2001 INCLUDING DOCUMENTS RELATED TO HIS LEGISLATIVE AND POLICY CAMPAIGNS CENTERED ON HUMAN RIGHTS, THE MOAKLEY COMMISSION IN EL SALVADOR, FIRE-SAFE CIGARETTES, AND HIS PROMOTION OF DISTRICT PROJECTS SUCH AS THE BOSTON HARBOR ISLANDS, THE BIG DIG AND PRESERVATION OF HISTORIC SITES. ENDOWMENT FUNDS PART V, LINE 4 SUFFOLK UNIVERSITY'S ENDOWMENT CONSISTS OF APPROXIMATELY 255 INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES, INCLUDING BOTH DONOR RESTRICTED ENDOWMENT FUNDS, FUNDS DESIGNATED BY THE BOARD OF TRUSTEES TO FUNCTION AS ENDOWMENTS, FUNDS DESIGNATED BY THE BOARD OF TRUSTEES FOR STRATEGIC INITIATIVES. A MAJORITY OF THE FUNDS PROVIDE SCHOLARSHIPS AND FINANCIAL ASSISTANCE TO UNDERGRADUATE, GRADUATE AND LAW SCHOOL STUDENTS. SOME OF THE OTHER USES OF THE FUNDS INCLUDE, BUT ARE NOT LIMITED TO, SUPPORT FOR FELLOWSHIPS, THE CREATION AND FUNDING OF DEPARTMENT CHAIRS, SUPPORT FOR VARIOUS UNIVERSITY CENTERS, AND SUPPORT FOR THE UNIVERSITY'S TEACHING AND RESEARCH ACTIVITIES. THE UNIVERSITY'S SPENDING POLICY IS DESIGNED TO PROVIDE THE UNIVERSITY A STABLE LEVEL OF FINANCIAL SUPPORT AND TO PRESERVE THE ENDOWMENT'S REAL VALUE. FIN 48 (ASC 740) FOOTNOTE PART X, LINE 2 THE UNIVERSITY IS A NOT-FOR-PROFIT ORGANIZATION AND IS GENERALLY EXEMPT FROM INCOME TAXES AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, AS AMENDED. THE UNIVERSITY ASSESSES UNCERTAIN TAX POSITIONS AND BELIEVES IT HAS NO SIGNIFICANT UNCERTAIN TAX POSITIONS. OTHER REVENUE INCLUDED IN FINANCIAL STATEMENTS NOT ON RETURN: PART XI, LINE 2D POST RETIREMENT OBLIGATION $298,478 CHANGE IN VALUE OF SPLIT INTEREST $14,400 REVENUE REPORTED BY FOR PROFIT SUBSIDIARY FORMED IN SPAIN $4,479,099 FOREIGN EXCHANGE ADJUSTMENT ($131,920) ----------- TOTAL $4,660,057 OTHER EXPENSE INCLUDED IN FINANCIAL STATEMENTS NOT ON RETURN: PART XII, LINE 2D EXPENSES REPORTED BY FOR PROFIT SUBSIDIARY FORMED IN SPAIN $4,360,909 true true true true true true true false false false false false false false false true false true RACIALLY NONDISCRIMINATORY POLICY PART I, QUESTION 3 SUFFOLK UNIVERSITY DOES NOT DISCRIMINATE ON THE BASIS OF RACE, COLOR, NATIONAL ORIGIN, RELIGION, SEX, AGE, DISABILITY, SEXUAL ORIENTATION, GENDER IDENTITY, GENDER EXPRESSION, GENETIC INFORMATION, VIETNAM-ERA OR DISABLED-VETERAN STATUS IN ITS EMPLOYMENT, ADMISSION POLICIES, OR IN THE ADMINISTRATION OR OPERATION OF, OR ACCESS TO ITS ACADEMIC AND NON-ACADEMIC PROGRAMS AND POLICIES. IT DOES NOT DISCRIMINATE ON THE BASIS OF DISABILITY IN VIOLATION OF SECTION 504 OF THE REHABILITATION ACT OF 1973. THE UNIVERSITY PUBLISHES ITS RACIALLY NONDISCRIMINATORY POLICY ON THE UNIVERSITY'S WEBSITE, APPLICATIONS FOR EMPLOYMENT, AND STUDENT, EMPLOYEE AND FACULTY HANDBOOKS. FINANCIAL AID OR ASSISTANCE FROM GOVERNMENTAL AGENCY LINE 6A THE UNIVERSITY RECEIVES AID FOR STUDENTS FROM SUCH FEDERAL PROGRAMS AS PELL, SEOG, FEDERAL WORK STUDY, PERKINS, DIRECT LOANS, ETC. THE UNIVERSITY IS ALSO THE RECIPIENT OF SEVERAL FEDERAL AND STATE GRANTS FROM AGENCIES SUCH AS THE U.S. DEPARTMENT OF JUSTICE PROGRAMS, NATIONAL SCIENCE FOUNDATION AND THE U.S. DEPARTMENT OF EDUCATION, AMONG OTHERS. true Central America and the Caribbean Program Services Education & Other 31533 Central America and the Caribbean Program Services Recruiting 8498 Central America and the Caribbean Send Agents to Seminar Education 7172 East Asia and the Pacific Program Services Education & Other 116123 East Asia and the Pacific Program Services Recruiting 159775 East Asia and the Pacific Send Agents to Seminar Education 23450 Europe (Including Iceland and Greenland) Program Services Education & Other 375471 Europe (Including Iceland and Greenland) Program Services Recruiting 60090 Europe (Including Iceland and Greenland) Send Agents to Seminar Education 66086 Middle East and North Africa Program Services Education & Other 14301 Middle East and North Africa Program Services Recruiting 17664 Middle East and North Africa Send Agents to Seminar Education 6476 North America Program Services Education & Other 28411 North America Program Services Recruiting 3502 North America Send Agents to Seminar Education 19776 South America Program Services Education & Other 25903 South America Program Services Recruiting 22707 South America Send Agents to Seminar Education 10336 South Asia Program Services Education & Other 7950 South Asia Program Services Recruiting 30213 South Asia Send Agents to Seminar Education 1192 Sub-Saharan Africa Program Services Education & Other 2692 Sub-Saharan Africa Send Agents to Seminar Education 2970 Europe (Including Iceland and Greenland) Fundraising 6317 Middle East and North Africa Fundraising 15216 East Asia and the Pacific Grantmaking 90070 Europe (Including Iceland and Greenland) Grantmaking 522442 South America Grantmaking 10094 Central America and the Caribbean Grantmaking 7750 986938 707242 1694180 FOREIGN GRANTS PAID - EUROPE Europe (Including Iceland and Greenland) 53 522442 AWARD FOREIGN GRANTS PAID - EAST ASIA/PACIFIC East Asia and the Pacific 11 90070 AWARD FOREIGN GRANTS PAID - SOUTH AMERICA South America 1 10094 AWARD FOREIGN GRANTS PAID - CENTRAL AMERICA Central America and the Caribbean 1 7750 AWARD true false true true true true MONITOR THE USE OF GRANT FUNDS OUTSIDE THE U.S. PART I, LINE 2 ALL GRANTS AWARDED ARE BASED ON NEED AND/OR MERIT AND CONFORM TO FEDERAL, STATE AND INSTITUTIONAL REGULATIONS. ELIGIBILITY IS BASED ON A THOROUGH REVIEW AND VERIFICATION OF A FAMILY'S INCOME, ASSETS, SIZE AND NUMBER OF DEPENDENTS ENROLLED IN COLLEGE. ANNUAL EXPENDITURE REPORTS ARE SUBMITTED TO THE FEDERAL AND STATE GOVERNMENTS FOR REVIEW. THE FUND EXPENDITURES ARE REVIEWED FOR COMPLIANCE IN AN ANNUAL AUDIT CONDUCTED BY AN INDEPENDENT ACCOUNTING FIRM. EXPENDITURES PART I, LINE 3, COLUMN (F) EXPENDITURES IN COLUMN (F) ARE BASED ON THE ACCRUAL METHOD OF ACCOUNTING. true BOSTON REDEVELOPMENT AUTHORITY 1 CITY HALL BOSTON MA 02201 046006386 CITY OF BOSTON 30000 GENERAL SUPPORT GENERAL SUPPORT GENERAL SUPPORT Cambridge Street Community Development Corp 74 Joy Street BOSTON MA 02114 222496921 501(C)(3) 9000 GENERAL SUPPORT GENERAL SUPPORT GENERAL SUPPORT GENERAL SUPPORT East Boston High School 86 WHITE STREET EAST BOSTON MA 02128 999999999 GOV'T 15000 GENERAL SUPPORT GENERAL SUPPORT GENERAL SUPPORT Funds for Parks and Recreation Boston 1010 Massachusetts Avenue BOSTON MA 02128 046006386 CITY OF BOSTON 100000 GENERAL SUPPORT GENERAL SUPPORT 4 FINANCIAL AID - UNIVERSITY, FEDERAL & STATE 5779 88801913 MONITOR THE USE OF GRANT FUNDS IN THE U.S. PART I, LINE 2 THE UNIVERSITY PROVIDED FINANCIAL SUPPORT TO BOSTON PLANNING AND DEVELOPMENT AGENCY, AS PART OF THE CITY OF BOSTON, WHICH ASSISTS THE ORGANIZATION TO DEVELOP DOWNTOWN BOSTON AND SURROUNDING NEIGHBORHOODS PURSUANT TO COOPERATIVE AGREEMENT. THE UNIVERSITY PROVIDED FINANCIAL SUPPORT TO CAMBRIDGE STREET DEVELOPMENT CORP, A 501(C)(3) ORGANIZATION WHICH ASSISTS THE ORGANIZATION TO DEVELOP THE CAMBRIDGE STREET AREA OF THE CITY OF BOSTON. THE UNIVERSITY PROVIDED FINANCIAL SUPPORT TO EAST BOSTON HIGH SCHOOL FOR ITS ATHLETIC PROGRAMS. THE UNIVERSITY PROVIDED FINANCIAL SUPPORT TO THE FUND FOR PARKS AND RECREATION IN BOSTON FOR UPKEEP OF ATHLETIC FIELDS USED BY THE UNIVERSITY AS WELL AS THE SURROUNDING NEIGHBORHOODS. ALL GRANTS AWARDED ARE BASED ON NEED AND/OR MERIT AND CONFORM TO FEDERAL, STATE AND INSTITUTIONAL REGULATIONS. ELIGIBILITY IS BASED ON A THOROUGH REVIEW AND VERIFICATION OF A FAMILY'S INCOME, ASSETS, SIZE AND NUMBER OF DEPENDENTS ENROLLED IN COLLEGE. ANNUAL EXPENDITURE REPORTS ARE SUBMITTED TO THE FEDERAL AND STATE GOVERNMENTS FOR REVIEW. THE FUND EXPENDITURES ARE REVIEWED FOR COMPLIANCE IN AN ANNUAL AUDIT CONDUCTED BY AN INDEPENDENT ACCOUNTING FIRM. X true true X X X X X X false false false false false false false true false MARISA KELLY President 452595 0 25000 0 19146 0 47593 0 31119 0 575453 0 0 0 LAURA SANDER SENIOR VP/TREASURER 303382 0 0 0 258 0 34904 0 0 0 338544 0 0 0 SEBASTIAN ROYO SVP/ACTING PROVOST 268642 0 0 0 2038 0 38472 0 31119 0 340271 0 0 0 COLM RENEHAN SVP/Advancement 265616 0 0 0 258 0 47322 0 8939 0 322135 0 0 0 JOHN NUCCI SVP/GOV'T & COMMUNITY AFFAIRS 245192 0 0 0 1962 0 34327 0 0 0 281481 0 0 0 MICHAEL CROWLEY SVP/ENROLLMENT MGMT 209873 0 0 0 27827 0 34058 0 9376 0 281134 0 0 0 GREGOR GATLIN VP/Marketing and Communication 156710 0 0 0 1338 0 33158 0 31119 0 222325 0 0 0 ANDREW PERLMAN Dean 315198 0 0 0 5802 0 42300 0 31119 0 394419 0 0 0 WILLIAM O'NEILL Dean 286289 0 0 0 3149 0 48300 0 18691 0 356429 0 0 0 ASAKO M TOYODA Dean 245192 0 0 0 1518 0 34327 0 0 0 281037 0 0 0 ANN COYNE Dean 152178 0 0 0 1638 0 22013 0 11879 0 187708 0 0 0 JAMES WALLACE SR DIRECTOR/FACILITIES 137138 0 0 0 23577 0 16855 0 4661 0 182231 0 0 0 THOMAS DORER General Counsel 245864 0 0 0 13407 0 35538 0 24952 0 319761 0 0 0 KENNETH GREENBERG Professor 243388 0 0 0 871 0 46149 0 0 0 290408 0 0 0 MICHAEL BEHNAM Associate Dean 210775 0 0 0 31416 0 34986 0 23475 0 300652 0 0 0 THOMAS LYNCH III CIO 232324 0 0 0 228 0 43953 0 744 0 277249 0 0 0 SHAHRIAR KHAKSARI Professor 158406 0 0 0 66639 0 43354 0 31119 0 299518 0 0 0 JANICE GRIFFITH PROFESSOR 216808 0 0 0 0 0 43861 0 8939 0 269608 0 0 0 ALASDAIR ROBERTS Professor 570650 0 0 0 0 0 0 0 0 0 570650 0 0 0 SOCIAL CLUB DUES PART I, LINE 1 SOCIAL CLUB DUES WERE PAID BY THE UNIVERSITY ON BEHALF OF AN OFFICER DURING CALENDAR YEAR 2017. THE DUES ARE NOT INCLUDED IN THE EMPLOYEE'S TAXABLE WAGES AS THE SOCIAL CLUB IS USED TO CONDUCT UNIVERSITY BUSINESS. NON-FIXED PAYMENTS PART I, LINE 7 During an executive session of the Compensation Committee, the Committee completed an annual performance review of the President and agreed upon a bonus amount that reflected her performance during the preceding year. A MHEFA SERIES 2009A 042456012 57586EMVO 2009-11-18 10204103 REFUND SERIES 2007B/02R true false false B MA DEVELOPMENT FINANCE AGENCY SERIES 2010 043431814 57583R3C7 2010-10-14 65889765 DEMOLISH/RECONSTRUCT BLDG/IMPROVE false false false C MA DEVELOPMENT FINANCE AGENCY SERIES 2017 043431814 57584XM81 2017-04-27 185251323 REFUND SERIES 2009A - PARTIAL false false false A 0 1540000 10204103 813999 0 0 113593 0 0 0 9972564 0 1992 true false true true B 4555000 0 66200759 0 0 0 1114524 0 0 65086239 0 0 2015 false false true true C 0 0 185251323 0 0 185249413 1910 0 0 0 0 0 2017 false true true true A false true true true false 0.00413 0.00413 false true 0.30780 true true B false true true true false 0.00786 0.00786 false false false true C false true true true false 0.01494 0.00546 0.02039 false false false true A false false false true false false 0 false 0 false true B false false false true false false 0 false 0 false true C false false false true false false 0 false 0 false true A true B true C true SERIES 2009A BOND ISSUE PART I THE TOTAL SERIES 2009A ISSUE AMOUNTED TO $273,452,022 AND WAS COMPOSED OF 11 TRANCHES REFUNDING ALL PRIOR BOND ISSUES. THE ISSUER HAS ELECTED TO TREAT THE BONDS AS MULTIPLE SEPARATE ISSUES UNDER SECTION 1.150-1 (C)(3) OF THE INCOME TAX REGULATIONS. IN APRIL 2017, THE ISSUER ISSUED ITS 2017 BONDS FOR THE BENEFIT OF THE INSTITUTION, THE PROCEEDS OF WHICH WERE USED TO ADVANCE REFUND AND LEGALLY DEFEASE 6 OF THE TRANCHES OF THE SERIES 2009A ISSUANCE. ACCORDINGLY, ONLY 5 TRANCHES REMAINED OUTSTANDING AS OF JUNE 30, 2018. SCHEDULE K, PART I, COLUMN (F) - DESCRIPTION OF PURPOSE PAGE 1 - BOND ISSUE A-C: THE SERIES 2005/96 BONDS, THE SERIES 2005/97 BONDS, AND THE SERIES 2005/99 BONDS WERE ISSUED 6/20/2005. PAGE 1 - BOND ISSUE D: THE SERIES 2007A/02R BONDS WERE ISSUED ON 11/20/2007. PAGE 2 - BOND ISSUE A: THE SERIES 2007B/02R BONDS WERE ISSUED ON 11/20/2007. PROCEEDS SCHEDULE K, PART II, LINE 2 AMOUNT OF BONDS LEGALLY DEFEASED ON 7/15/2014, A SERIES OF ISSUES TOTALING $4,500,000 WERE LEGALLY DEFEASED. SCHEDULE K, PART II TOTAL PROCEEDS, LINE 3 TOTAL PROCEEDS, LINE 3 LESS THE SUM OF LINES 4-12 FOR THE TAX EXEMPT BOND ISSUES A-D OF PAGE 1, AND ISSUE A OF PAGE 2 NET TO A NEGATIVE NUMBER. THESE DIFFERENCES ARE AS A RESULT OF TRANSFERS FROM PRIOR BOND FUND ESCROW ACCOUNTS AS WELL AS EQUITY CONTRIBUTIONS FROM THE UNIVERSITY TO REPAY BOND ISSUE EXPENSES. THESE AMOUNTS WERE DISCLOSED ON THE SERIES 2009 FORM 8038 - INFORMATION RETURN FOR TAX-EXEMPT PRIVATE ACTIVITY BOND ISSUES. SCHEDULE K, PART II, COLUMN B OF PAGE 2 THE DIFFERNCE BETWEEN TOTAL PROCEEDS IN PART II, LINE 3 AND TOTAL PROCEEDS OF THE BOND ISSUE IS INVESTMENT EARNINGS OF $310,994. SCHEDULE K, PART II, LINE 9 AMOUNTS SHOWN FOR THE TAX EXEMPT BOND ISSUES A-C OF PAGE 1 REFLECT SWAP TERMINATION PAYMENTS FINANCED WITH PROCEEDS OF THE BONDS. SCHEDULE K, PART II, LINE 11 AMOUNTS SHOWN FOR TAX EXEMPT BOND ISSUES A-D OF PAGE 1 AND BOND ISSUE A OF PAGE 2 REFLECT PROCEEDS ORIGINALLY DEPOSITED IN REFUNDING ESCROWS THAT HAVE SINCE BEEN USED TO RETIRE THE UNDERLYING REFUNDED BONDS. AS SUCH, NO SUCH AMOUNTS REMAIN ON DEPOSIT IN THE RESPECTIVE REFUNDING ESCROW AS OF THE END OF THE 12-MONTH PERIOD. SCHEDULE K, PART IV, LINE 2C THE REBATE COMPUTATION DATE FOR THE 2009 BOND ISSUE WAS NOVEMBER 2017. THE REBATE COMPUTATION DATE FOR THE 2010 BOND ISSUE WAS OCTOBER 2017. THE REBATE COMPUTATION DATE FOR THE 2017 BOND ISSUE WAS APRIL 2018. A MHEFA SERIES 2009A 042456011 57586EMVO 2009-11-18 18712831 REFUND SERIES 2005/96 false false false B MHEFA SERIES 2009A 042456011 57586EMVO 2009-11-18 46079870 REFUND SERIES 2005/97 false false false C MHEFA SERIES 2009A 042456011 57586EMVO 2009-11-18 13422123 REFUND SERIES 2005/99 true false false D MHEFA SERIES 2009A 042456013 57586EMVO 2009-11-18 10329888 REFUND SERIES 2007A/02R false false false A 0 0 18712831 1492756 0 0 207262 0 1820791 0 16597993 0 1996 true false true true B 0 0 46079870 3675872 0 0 503395 0 4585379 0 40985935 0 1999 true false true true C 0 1370000 13422123 1070706 0 0 147826 0 1434299 0 11841964 0 1999 true false true true D 0 1560000 10329888 824033 0 0 113565 0 0 0 9991307 0 1992 true false true true A false false false false 0 false false false true B false false false false 0 false false false true C false true true true false 0.01432 0.01432 false true 0.68560 true true D false true true true false 0.00413 0.00413 false true 0.30780 true true A false false false true false false 0 false 0 false true B false false false true false false 0 false 0 false true C false false false true false false 0 false 0 false true D false false false true false false 0 false 0 false true A true B true C true D true The Ashburton Company Trustee-Carol SawyerParks 23441 Parking Rentals false BUSINESS TRANSACTIONS WITH INTERESTED PERSONS SCHEDULE L PART IV During the year, Suffolk University, rented parking spaces for student move-in days and facilities repair work from the Ashburton Group, of which Carol Sawyer Parks, a Trustee of the University, is the owner. The amount paid to the Ashburton Group was $23,441 for the year ended 6/30/2018. All transactions were entered into at arms length and payment for services was at fair market value. X 22 490198 Mean price false true false CONTRIBUTIONS PART I, COLUMN (B) THE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTIONS RECEIVED. MISSION STATEMENT FORM 990 PART I LINE 1 FORM 990 PART III LINE 1 AT SUFFOLK UNIVERSITY WE ARE DRIVEN BY THE POWER OF EDUCATION, INCLUSION, AND ENGAGEMENT TO CHANGE LIVES AND POSITIVELY IMPACT COMMUNITIES. Committed to excellence, we provide students with experiential and transformational learning opportunities that begin in the center of Boston, reach across the globe, and lead to extraordinary outcomes for our graduates. FORM 990, PART I, LINE 7B THE AMOUNT REPORTED ON PART I, LINE 7B INCLUDES CERTAIN QUALIFIED TRANSPORTATION FRINGE BENEFIT EXPENSES SUBJECT TO UNRELATED BUSINESS INCOME TAX UNDER IRC SECTION 512(A)(7) THAT ARE NOT REVENUE AND, THEREFORE, NOT REPORTED AS SUCH ON FORM 990, PART VIII. PROGRAM SERVICE ACCOMPLISHMENTS Form 990 Part III Line 4a FACULTY SCHOLARSHIP SUPPORTS DIVERSIFIED LIBERAL ARTS CONCENTRATIONS AVAILABLE IN THE HUMANITIES, THE NATURAL SCIENCES AND THE SOCIAL SCIENCES, ALONG WITH GRADUATE PROGRAMS IN SEVERAL FIELDS, MOST OFFERING CAREER-RELATED PROFESSIONAL PROGRAM TRACKS AND PRACTICAL EXPERIENCE ON OR OFF CAMPUS. Form 990 Part III Line 4c THE LAW SCHOOL'S GOAL IS TO PROVIDE ITS STUDENTS WITH ACCESS TO AN EXCELLENT LEGAL EDUCATION, INSPIRE A COMMITMENT TO JUSTICE, AND PROVIDE ITS GRADUATES THE OPPORTUNITY TO ACHIEVE THEIR CAREER ASPIRATIONS. DELEGATION OF AUTHORITY TO AN EXECUTIVE COMMITTEE PART VI, LINE 1A IN THE INTERVALS BETWEEN MEETINGS OF THE BOARD OF TRUSTEES, THE EXECUTIVE COMMITTEE SHALL HAVE AND EXERCISE THE AUTHORITY OF THE BOARD OF TRUSTEES IN THE MANAGEMENT AND EXECUTION OF THE AFFAIRS OF SUFFOLK UNIVERSITY IN ALL MATTERS EXCEPT THOSE WITH RESPECT TO WHICH AUTHORITY IS GIVEN IN THE UNIVERSITY'S BYLAWS TO THE ADMINISTRATION AND FINANCE COMMITTEE AND EXCEPT THOSE WHICH PURSUANT TO LAW OR SPECIFIC SECTIONS OF THE BYLAWS REQUIRE THE VOTE OF THE BOARD OF TRUSTEES. CHANGES TO GOVERNING DOCUMENTS/BYLAWS PART VI, LINE 4 DURING THE TAX YEAR, THE UNIVERSITY MADE THE FOLLOWING SIGNIFICANT REVISIONS TO PREVIOUSLY ADOPTED BYLAWS: CLARIFICATION OF AUTHORITY OF THE INVESTMENT SUBCOMMITTEE AND ADMINISTRATION & FINANCE COMMITTEE AS IT RELATES TO THE UNIVERSITYS INVESTMENT MANAGEMENT; AND REQUIREMENT THAT MEMBERS OF THE AUDIT, COMPLIANCE, AND RISK MANAGEMENT COMMITTEE QUALIFY AS INDEPENDENT FOR PURPOSES OF THIS FORM. FORM 990 REVIEW PROCESS FORM 990 PART VI LINE 11B THE CONTROLLER OF SUFFOLK UNIVERSITY IS RESPONSIBLE FOR PROVIDING THE INFORMATION NECESSARY FOR THE UNIVERSITY'S TAX ADVISOR TO PREPARE FORM 990. RECOMMENDED CHANGES ARE DISCUSSED WITH SENIOR MANAGEMENT AND INCORPORATED INTO THE RETURN. THE DRAFT FORM IS THEN PROVIDED TO THE AUDIT, COMPLIANCE, AND RISK MANAGEMENT COMMITTEE OF THE BOARD OF TRUSTEES SUFFICIENTLY IN ADVANCE OF THE FILING DEADLINE TO ENABLE A DETAILED AND CONSCIENTIOUS REVIEW BY ALL MEMBERS OF THE COMMITTEE WITH SENIOR MANAGEMENT AND THE UNIVERSITY'S TAX ADVISOR. ALL QUESTIONS AND CONCERNS OF THE AUDIT, COMPLIANCE, AND RISK MANAGEMENT COMMITTEE MEMBERS ARE ADDRESSED AND INCORPORATED INTO THE FORM AS APPROPRIATE. AFTER THE AUDIT, COMPLIANCE, AND RISK MANAGEMENT COMMITTEE REVIEW, ALL MEMBERS OF THE GOVERNING BODY ARE PROVIDED A LINK TO A PASSWORD-PROTECTED WEB SITE ON WHICH THE ENTIRE FORM 990 CAN BE VIEWED IN ADVANCE OF THE FILING DEADLINE. ALL QUESTIONS AND CONCERNS OF THE MEMBERS OF THE BOARD OF TRUSTEES ARE ADDRESSED BY THE TREASURER AND INCORPORATED INTO THE FORM 990 AS APPROPRIATE. AFTER ALL OF THE INPUT FROM THE BOARD OF TRUSTEES AND THE AUDIT, COMPLIANCE, AND RISK MANAGEMENT COMMITTEE HAS BEEN APPROPRIATELY ADDRESSED, THE TREASURER OF THE UNIVERSITY IS AUTHORIZED TO FILE THE FORM 990 WITH THE INTERNAL REVENUE SERVICE. CONFLICT OF INTEREST POLICY FORM 990 PART VI LINE 12C THE AUDIT, COMPLIANCE AND RISK MANAGEMENT COMMITTEE OF THE BOARD OF TRUSTEES IS RESPONSIBLE FOR OBTAINING A CONFLICT OF INTEREST DISCLOSURE STATEMENT FROM ALL BOARD MEMBERS, OFFICERS OF THE UNIVERSITY, AND ALL EMPLOYEES OF THE UNIVERSITY HOLDING CERTAIN POSITIONS AS DETERMINED BY THE EXECUTIVE COMMITTEE, REFERRED TO AS COVERED PERSONS. THE DISCLOSURE STATEMENT IS TO BE COMPLETED UPON FIRST ACCEDING TO THE OFFICE POSITION, UPON MATERIAL CHANGE IN THE INFORMATION REQUESTED, AND IN JULY OF EACH YEAR. THE AUDIT, COMPLIANCE AND RISK MANAGEMENT COMMITTEE PROVIDES THE BOARD WITH A SUMMARY REPORT OF ANY CONFLICT OF INTEREST AT LEAST ANNUALLY, AND MORE FREQUENTLY AS APPROPRIATE. THE AUDIT, COMPLIANCE AND RISK MANAGEMENT COMMITTEE MAY INVITE THE COVERED PERSON TO MAKE A PRESENTATION AT A MEETING TO DISCUSS THE TRANSACTION. THE AUDIT, COMPLIANCE AND RISK MANAGEMENT COMMITTEE WILL THEN DETERMINE BY A MAJORITY VOTE WHETHER THE TRANSACTION IS IN THE UNIVERSITY'S BEST INTEREST, AND WHETHER IT IS FAIR AND REASONABLE, AND THEREFORE WHETHER THE UNIVERSITY MAY OR MAY NOT ENTER INTO THE TRANSACTION. COMPENSATION PROCESS FOR THE PRESIDENT FORM 990 PART VI LINE 15a FOR THE COMPENSATION SETTING PROCESS OF THE PRESIDENT, THE BOARD OF TRUSTEES ENGAGED AN INDEPENDENT FIRM TO ANALYZE AND COMPARE THE COMPENSATION OF CEOS AT COMPARABLE INSTITUTIONS. A COMMITTEE OF THE BOARD OF TRUSTEES WORKED WITH THE INDEPENDENT FIRM TO ANALYZE THE COMPENSATION DATA. AFTER REVIEWING THE RESULTS OF THE STUDY AND IN CONSULTATION WITH THE OUTSIDE COUNSEL, THE COMMITTEE PROPOSED COMPENSATION FOR THE PRESIDENT. A CONTRACT WAS PREPARED BY THE OUTSIDE COUNSEL, WHICH WAS VOTED ON AND APPROVED AT A MEETING OF THE FULL BOARD OF TRUSTEES. COMPENSATION PROCESS FOR OTHER OFFICERS FORM 990 PART VI LINE 15b FOR THE COMPENSATION SETTING PROCESS OF OTHER OFFICERS, THE BOARD OF TRUSTEES ENGAGED AN INDEPENDENT FIRM TO ANALYZE AND COMPARE THE COMPENSATION OF INDIVIDUALS IN COMPARABLE POSITIONS AT COMPARABLE INSTITUTIONS. A COMMITTEE OF THE BOARD OF TRUSTEES WORKED WITH THE INDEPENDENT FIRM TO ANALYZE THE COMPENSATION DATA. AFTER REVIEWING THE RESULTS OF THE STUDY, THE COMMITTEE PROPOSED COMPENSATION FOR THE OFFICERS. THE COMPENSATION WAS VOTED ON AND APPROVED AT A MEETING OF THE FULL BOARD OF TRUSTEES. FORM 990 PART VI LINE 16 DURING THE TAX YEAR, THE UNIVERSITY ENTERED INTO AN AGREEMENT WITH A COMPANY THAT HELPS UNIVERSITIES EXPAND INTERNATIONAL RECRUITMENT AND ENSURES INTERNATIONAL STUDENTS SUCCESS ON CAMPUS THROUGH PROVEN PROGRAMS THAT BETTER PREPARE STUDENTS FOR ACADEMIC SUCCESS. THIS AGREEMENT CREATED A JOINT VENTURE BETWEEN THE TWO PARTIES THAT IS GOVERNED BY A SIX MEMBER BOARD OF DIRECTORS, COMPRISED OF THREE REPRESENTATIVES FROM EACH ORGANIZATION. THE AGREEMENT WAS REVIEWED BY INTERNAL AND EXTERNAL LEGAL COUNSEL TO ENSURE IT COMPLIED WITH TAX REGULATIONS. THE REVENUE RECOGNIZED RELATED TO THIS AGREEMENT IS CONSIDERED IN PART VIII AS RELATED OR EXEMPT FUNCTION REVENUE. THE AGREEMENT ALSO INCLUDES A PROVISION FOR TERMINATING THE AGREEMENT IN THE EVENT THAT CONTINUATION OF THE AGREEMENT WOULD CAUSE THE UNIVERSITY TO LOSE ITS TAX-EXEMPT STATUS. FORM 990 PART VI LINE 19 ALL REQUESTS FOR GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, FINANCIAL STATEMENTS AND TAX RETURNS ARE RECEIVED BY THE PRESIDENT AND/OR VICE PRESIDENT'S OFFICES AND ARE TURNED OVER TO THE TREASURER'S OFFICE FOR IMMEDIATE RESPONSE. TAX RETURNS AND FINANCIAL STATEMENTS ARE ALSO AVAILABLE ON THE MASSACHUSETTS ATTORNEY GENERAL'S AND GUIDESTAR'S WEBSITES. CHANGE IN NET ASSETS PART XI, LINE 9 POSTRETIREMENT BENEFIT OBLIGATION $298,478 CHANGE IN VALUE OF SPLIT INTEREST $14,400 FOREIGN EXCHANGE ADJUSTMENT -$131,920 ----------- TOTAL $180,958 ----------- SUFFOLK UNIVERSITY MADRID CAMPUS SL CALLE VINA 3 MADRID SP 28003 999999999 HIGHER EDUCATION SP NA C Corp 4479099 5101934 1.00000 true CRUT INVESTING MA NA Trust true false false false false false false false false false false false true false false false false false false SUFFOLK UNIVERSITY MADRID CAMPUS SL m 4360909 ACCRUAL METHOD