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FAIRFIELD UNIVERSITY: Form 990, tax year 2016

View the entire original 990 at ProPublica ↗

Organization
FAIRFIELD UNIVERSITY (EIN 06-0646623)
Tax period
2016-07-01 to 2017-06-30
Filed
2018-05-15
IRS object ID
201801359349307970
Schema version
2016v3.1
Source
Download XML · Original 990 at ProPublica

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

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2018-05-15T13:26:55-05:00ReturnTs
Tax Period End2017-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1KPMG LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1345 Park AvenueAddressLine1Txt
CityNew YorkCityNm
State AbbreviationNYStateAbbreviationCd
ZIP101540102ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2016-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN060646623EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1FAIRFIELD UNIVERSITYBusinessNameLine1Txt
FieldValueIRS element (for citing)
In Care Of% Michael TrafecanteInCareOfNm
Business Name ControlFAIRBusinessNameControlTxt
Phone2032544000PhoneNum

US Address USAddress

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

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonMIKE TRAFECANTEPersonNm
Person TitleVP for FinancePersonTitleTxt
Phone2032544000PhoneNum
Signature2018-05-14SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonMARY-EVELYN ANTONETTIPreparerPersonNm
PTINP00431862PTIN
Phone2127589700PhoneNum
FieldValueIRS element (for citing)
Tax2016TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerMARK R NEMEC PHDPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line11073 NORTH BENSON ROADAddressLine1Txt
CityFAIRFIELDCityNm
State AbbreviationCTStateAbbreviationCd
ZIP068245195ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$369,169,415GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website Addresswww.fairfield.eduWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1942FormationYr
Legal Domicile StateCTLegalDomicileStateCd
Activity Or MissionFAIRFIELD'S MISSION IS TO DEVELOP THE CREATIVE INTELLECTUAL POTENTIAL OF ITS STUDENTS AND TO FOSTER IN THEM ETHICAL AND RELIGIOUS VALUES AND A SENSE OF SOCIAL RESPONSIBILITY.ActivityOrMissionDesc
Voting Members Governing Body36VotingMembersGoverningBodyCnt
Voting Members Independent35VotingMembersIndependentCnt
Total Employee2913TotalEmployeeCnt
Total Volunteers500TotalVolunteersCnt
Total Gross UBI$395,607TotalGrossUBIAmt
PY Contributions Grants$29,558,321PYContributionsGrantsAmt
CY Contributions Grants$64,185,723CYContributionsGrantsAmt
PY Program Service Revenue$253,968,014PYProgramServiceRevenueAmt
CY Program Service Revenue$263,450,692CYProgramServiceRevenueAmt
PY Investment Income$11,875,893PYInvestmentIncomeAmt
CY Investment Income$13,832,648CYInvestmentIncomeAmt
PY Other Revenue$788,929PYOtherRevenueAmt
CY Other Revenue$607,953CYOtherRevenueAmt
PY Total Revenue$296,191,157PYTotalRevenueAmt
CY Total Revenue$342,077,016CYTotalRevenueAmt
PY Grants And Similar Paid$68,152,293PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$76,163,898CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$109,088,079PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$113,231,903CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$319,614PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$361,431CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$7,816,511CYTotalFundraisingExpenseAmt
PY Other Expenses$89,625,292PYOtherExpensesAmt
CY Other Expenses$86,640,274CYOtherExpensesAmt
PY Total Expenses$267,185,278PYTotalExpensesAmt
CY Total Expenses$276,397,506CYTotalExpensesAmt
PY Revenues Less Expenses$29,005,879PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$65,679,510CYRevenuesLessExpensesAmt
Total Assets BOY$785,505,294TotalAssetsBOYAmt
Total Assets EOY$881,246,458TotalAssetsEOYAmt
Total Liabilities BOY$301,751,258TotalLiabilitiesBOYAmt
Total Liabilities EOY$302,598,974TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$483,754,036NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$578,647,484NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionA FAIRFIELD UNIVERSITY EDUCATION HAS BECOME MORE INTEGRATED IN FOCUS, MORE GLOBAL IN OUTLOOK, AND MORE INTENTIONAL IN ITS STRUCTURE THAN EVER BEFORE IN THE JESUIT TRADITION. SEE SCHEDULE O.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$198,752,071ExpenseAmt
Grant$75,294,569GrantAmt
Revenue$217,905,771RevenueAmt
DescFAIRFIELD UNIVERSITY IS AN INSTITUTE OF HIGHER LEARNING WITH UNDERGRADUATE, GRADUATE, AND CONTINUING EDUCATION ACADEMIC PROGRAMS INCLUDING STUDENTS RESIDING ON CAMPUS. SEE SCHEDULE O.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$37,753,887ExpenseAmt
Revenue$42,382,457RevenueAmt
DescRoom & Board. SEE SCHEDULE O.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$2,757,847ExpenseAmt
Revenue$3,162,464RevenueAmt
DescOther Activities. A variety of student services including Arts & Entertainment at the Quick Center, Student Activities for Club Sports, and other items.Desc
FieldValueIRS element (for citing)
Total Program Service Expenses$239,263,805TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredYes (true)ScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesYes (true)LobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsYes (true)ConservationEasementsInd
Collections Of ArtYes (true)CollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Temp Or Permanent EndowmentsYes (true)TempOrPermanentEndowmentsInd
Report Land Building EquipmentYes (true)ReportLandBuildingEquipmentInd
Report Investments Other SecYes (true)ReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsYes (true)ReportOtherAssetsInd
Report Other LiabilitiesfalseReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (true)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (true)IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtfalseConsolidatedAuditFinclStmtInd
School OperatingYes (true)SchoolOperatingInd
Foreign OfficeYes (true)ForeignOfficeInd
Foreign ActivitiesYes (true)ForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsYes (true)MoreThan5000KToIndividualsInd
Professional FundraisingYes (true)ProfessionalFundraisingInd
Fundraising ActivitiesYes (true)FundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Grants To IndividualsYes (true)GrantsToIndividualsInd
Schedule J RequiredYes (true)ScheduleJRequiredInd
Tax Exempt BondsYes (true)TaxExemptBondsInd
Invest Tax Exempt BondsfalseInvestTaxExemptBondsInd
Escrow AccountfalseEscrowAccountInd
On Behalf Of IssuerfalseOnBehalfOfIssuerInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With Officer EntfalseBusinessRlnWithOfficerEntInd
Deductible Non Cash ContriYes (true)DeductibleNonCashContriInd
Deductible Art ContributionYes (true)DeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityfalseRelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
Info In Schedule O Part VYes (X)InfoInScheduleOPartVInd
IRP Document803IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (true)BackupWthldComplianceInd
Employee2913EmployeeCnt
Employment Tax Returns FiledYes (true)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitYes (true)UnrelatedBusIncmOverLimitInd
Form990 T FiledYes (true)Form990TFiledInd
Foreign Financial AccountYes (true)ForeignFinancialAccountInd
Foreign CountryITForeignCountryCd
Foreign CountryUKForeignCountryCd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Quid Pro Quo ContributionsYes (true)QuidProQuoContributionsInd
Quid Pro Quo Contri DisclYes (true)QuidProQuoContriDisclInd
Form8282 Property Disposed OffalseForm8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members36GoverningBodyVotingMembersCnt
Independent Voting Member35IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersfalseElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyfalseForm990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (true)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (true)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (true)WhistleblowerPolicyInd
Document Retention PolicyYes (true)DocumentRetentionPolicyInd
Compensation Process CEOYes (true)CompensationProcessCEOInd
Compensation Process OtherYes (true)CompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
States Where Copy Of Return Is FldCTStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonMichael TrafecantePersonNm
Phone2032544000PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11073 North Benson RoadAddressLine1Txt
CityFairfieldCityNm
State AbbreviationCTStateAbbreviationCd
ZIP068245195ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (49 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtKey EmployeeKeyEmployeeIndHighest Compensated EmployeeHighestCompensatedEmployeeInd
REV JEFFREY VON ARX SJ
PRESIDENT (THROUGH 12/31/16)45.00.0Yes (X)Yes (X)$304,495$0$65,063
LYNN BABINGTON
PROVOST(12/16)-INT PRES(1/17)45.00.0Yes (X)Yes (X)$270,744$0$43,672
NANCY A ALTOBELLO
TRUSTEE5.00.0Yes (X)$0$0$0
CEASAR NICHOLAS ANQUILLARE
TRUSTEE1.00.0Yes (X)$0$0$0
WILLIAM L ATWELL
TRUSTEE1.00.0Yes (X)$0$0$0
MARK J BECKWITH
TRUSTEE5.00.0Yes (X)$0$0$0
JOSEPH R BRONSON
TRUSTEE1.00.0Yes (X)$0$0$0
KEVIN P CANNON
TRUSTEE1.00.0Yes (X)$0$0$0
CARLOS M CARDOSO
TRUSTEE1.00.0Yes (X)$0$0$0
FRANK J CARROLL III
TRUSTEE5.00.0Yes (X)$0$0$0
REV GEORGE E COLLINS
TRUSTEE (AS OF 7/1/16)1.00.0Yes (X)$0$0$0
TIMOTHY J CONWAY
TRUSTEE1.00.0Yes (X)$0$0$0
WILLIAM C CRAGER
TRUSTEE1.00.0Yes (X)$0$0$0
SHELIA KEARNEY DAVIDSON
TRUSTEE5.00.0Yes (X)$0$0$0
CHRISTOPHER C DESMARAIS
TRUSTEE1.00.0Yes (X)$0$0$0
REV TERRENCE P DEVINO SJ
TRUSTEE5.00.0Yes (X)$0$0$0
PATRICIA E GLASSFORD
TRUSTEE1.00.0Yes (X)$0$0$0
KELLY SIMON HONDRU
TRUSTEE1.00.0Yes (X)$0$0$0
BRIAN P HULL
TRUSTEE5.00.0Yes (X)$0$0$0
PAUL J HUSTON
TRUSTEE1.00.0Yes (X)$0$0$0
REV GREGORY KALSCHEUR SJ
TRUSTEE (AS OF 7/1/16)1.00.0Yes (X)$0$0$0
ROBIN KANAREK
TRUSTEE1.00.0Yes (X)$0$0$0
SUSAN ROBINSON KING MA
TRUSTEE1.00.0Yes (X)$0$0$0
CLAIRE KNOPF
TRUSTEE (AS OF 7/1/16)1.00.0Yes (X)$0$0$0
KATHERINE N LAPP
TRUSTEE5.00.0Yes (X)$0$0$0
STEPHEN M LESSING
TRUSTEE1.00.0Yes (X)$0$0$0
BILL MCINTOSH
TRUSTEE1.00.0Yes (X)$0$0$0
ANDREW J MCMAHON
TRUSTEE1.00.0Yes (X)$0$0$0
JOHN MEDITZ
TRUSTEE1.00.0Yes (X)$0$0$0
ELNER MORRELL
TRUSTEE1.00.0Yes (X)$0$0$0
ROBERT MURPHY JR
TRUSTEE1.00.0Yes (X)$0$0$0
GAVIN G O'CONNOR
TRUSTEE1.00.0Yes (X)$0$0$0
BIFF J O'REILLY
TRUSTEE5.00.0Yes (X)$0$0$0
REV STEPHEN A PRIVETT SJ
TRUSTEE5.00.0Yes (X)$0$0$0
KATIE JACOBS ROBINSON
TRUSTEE1.00.0Yes (X)$0$0$0
MARIANNE DOLAN WEBER
TRUSTEE1.00.0Yes (X)$0$0$0
JAMES D WEHR
TRUSTEE1.00.0Yes (X)$0$0$0
MOST REV GEORGE MURRY SJ
TRUSTEE (THROUGH 3/14/17)1.00.0Yes (X)$0$0$0
MICHAEL G TORTORA
SECRETARY45.00.0Yes (X)$102,238$0$18,973
MICHAEL TRAFECANTE
VP for Finance/ Treasurer/ CFO45.00.0Yes (X)$243,672$0$56,817
KEVIN LAWLOR
EXECUTIVE VICE PRESIDENT45.00.0$346,700$0$130,107Yes (X)
CHRISTINE SIEGEL
PROVOST (AS OF 1/1/17)45.00.0$154,000$0$47,351Yes (X)
THOMAS PELLEGRINO
VICE PRESIDENT45.00.0$211,338$0$52,696Yes (X)
YOHURU WILLIAMS
DEAN COLLEGE OF ARTS & SCIENCE45.00.0$180,520$0$97,362Yes (X)
WALTER HALAS
VP ADVANCEMENTS45.00.0$253,766$0$58,646Yes (X)
SYDNEY JOHNSON
HEAD MBB COACH45.00.0$503,353$0$65,230Yes (X)
GREGORY KOUTMOS
PROF OF FINANCE45.00.0$197,644$0$50,937Yes (X)
JOSEPH FRAGER
HEAD WBB COACH45.00.0$210,022$0$99,145Yes (X)
BRUCE BERDANIER
DEAN45.00.0$185,965$0$44,903Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$3,164,457TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$830,902TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K189IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (true)TotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
GILBANE BUILDING COMPANY
7 JACKSON WALKWAYPROVIDENCERI02903CONSTRUCTION$18,593,293
SODEXO OPERATIONS LLC
PO BOX 352BUFFALONY14240DINING SERVICE$12,510,579
SHAWMUT WOODWORKING AND SUPPLY
560 HARRISON AVEBOSTONMA02118CONSTRUCTION$5,248,329
SKANSKA USA BUILDING INC
545 LONG WHARD DR FL 6NEW HAVENCT06511CONSTRUCTION$5,082,084
ABM JANITORIAL SERVICES NORTHEAST I
PO BOX 1534NEW YORKNY10008CUSTODIAL SERVICE$3,841,901
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K105CntrctRcvdGreaterThan100KCnt
Fundraising$632,044FundraisingAmt
Government Grants$3,329,695GovernmentGrantsAmt
All Other Contributions$60,223,984AllOtherContributionsAmt
Noncash Contributions$5,015,730NoncashContributionsAmt
Total Contributions$64,185,723TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (4 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmtUnrelated Business RevenueUnrelatedBusinessRevenueAmt
Tuition & Fees611600$217,905,771$217,905,771
Auxiliary Services721000$41,534,586$41,534,586
Summer Conferences611710$847,871$436,550$411,321
Other Program Services900099$3,162,464$3,162,464
FieldValueIRS element (for citing)
Total Program Service Revenue$263,450,692TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$3,977,968TotalRevenueColumnAmt
Unrelated Business Revenue$134,990UnrelatedBusinessRevenueAmt
Exclusion$3,842,978ExclusionAmt

Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp

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

Royalties Revenue RoyaltiesRevenueGrp

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

Gross Rents GrossRentsGrp

FieldValueIRS element (for citing)
Real$1,257,394RealAmt

Less Rental Expenses LessRentalExpensesGrp

FieldValueIRS element (for citing)
Real$575,380RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real$682,014RealAmt
Personal$0PersonalAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$682,014TotalRevenueColumnAmt
Unrelated Business Revenue-$150,704UnrelatedBusinessRevenueAmt
Exclusion$832,718ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$36,186,438SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$26,331,758SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$9,854,680SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$9,854,680TotalRevenueColumnAmt
Exclusion$9,854,680ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$111,200FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event$632,044ContriRptFundraisingEventAmt
Fundraising Direct Expenses$185,261FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column-$74,061TotalRevenueColumnAmt
Exclusion-$74,061ExclusionAmt
FieldValueIRS element (for citing)
Gaming Gross Income$0GamingGrossIncomeAmt
Gaming Direct Expenses$0GamingDirectExpensesAmt

Net Income From Gaming NetIncomeFromGamingGrp

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

Net Income Or Loss NetIncomeOrLossGrp

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

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$342,077,016TotalRevenueColumnAmt
Related Or Exempt Func Income$263,039,371RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$395,607UnrelatedBusinessRevenueAmt
Exclusion$14,456,315ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$72,315,156TotalAmt
Program Services$72,315,156ProgramServicesAmt

Foreign Grants ForeignGrantsGrp

FieldValueIRS element (for citing)
Total$3,848,742TotalAmt
Program Services$3,848,742ProgramServicesAmt

Benefits To Members BenefitsToMembersGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$2,272,379TotalAmt
Program Services$1,552,588ProgramServicesAmt
Management And General$574,829ManagementAndGeneralAmt
Fundraising$144,962FundraisingAmt

Comp Disqual Persons CompDisqualPersonsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$80,982,072TotalAmt
Program Services$67,659,618ProgramServicesAmt
Management And General$9,335,031ManagementAndGeneralAmt
Fundraising$3,987,423FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$5,440,052TotalAmt
Program Services$4,502,742ProgramServicesAmt
Management And General$628,820ManagementAndGeneralAmt
Fundraising$308,490FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$18,821,220TotalAmt
Program Services$11,772,338ProgramServicesAmt
Management And General$6,360,495ManagementAndGeneralAmt
Fundraising$688,387FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$5,716,180TotalAmt
Program Services$4,789,177ProgramServicesAmt
Management And General$645,204ManagementAndGeneralAmt
Fundraising$281,799FundraisingAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$959,367TotalAmt
Program Services$42,521ProgramServicesAmt
Management And General$914,497ManagementAndGeneralAmt
Fundraising$2,349FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$204,500TotalAmt
Management And General$204,500ManagementAndGeneralAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Services Prof Fundraising FeesForServicesProfFundraising

FieldValueIRS element (for citing)
Total$361,431TotalAmt
Fundraising$361,431FundraisingAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$439,875TotalAmt
Management And General$439,875ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$18,104,089TotalAmt
Program Services$15,382,825ProgramServicesAmt
Management And General$2,315,927ManagementAndGeneralAmt
Fundraising$405,337FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$1,289,845TotalAmt
Program Services$349,521ProgramServicesAmt
Management And General$923,784ManagementAndGeneralAmt
Fundraising$16,540FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$7,594,463TotalAmt
Program Services$5,572,607ProgramServicesAmt
Management And General$1,497,104ManagementAndGeneralAmt
Fundraising$524,752FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$3,772,955TotalAmt
Program Services$1,748,744ProgramServicesAmt
Management And General$1,951,488ManagementAndGeneralAmt
Fundraising$72,723FundraisingAmt

Royalties RoyaltiesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$8,990,244TotalAmt
Program Services$8,990,244ProgramServicesAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$7,204,138TotalAmt
Program Services$5,719,515ProgramServicesAmt
Management And General$802,291ManagementAndGeneralAmt
Fundraising$682,332FundraisingAmt

Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$317,467TotalAmt
Program Services$253,368ProgramServicesAmt
Management And General$41,128ManagementAndGeneralAmt
Fundraising$22,971FundraisingAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$9,357,869TotalAmt
Program Services$9,127,123ProgramServicesAmt
Management And General$226,249ManagementAndGeneralAmt
Fundraising$4,497FundraisingAmt

Payments To Affiliates PaymentsToAffiliatesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$17,457,419TotalAmt
Program Services$16,610,522ProgramServicesAmt
Management And General$681,466ManagementAndGeneralAmt
Fundraising$165,431FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$1,173,755TotalAmt
Program Services$91,497ProgramServicesAmt
Management And General$1,082,176ManagementAndGeneralAmt
Fundraising$82FundraisingAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
Maintenance and Equipment$866,812$783,345-$45,471$128,938
INT'L TUITION/HOUSING$3,338,897$3,006,112$324,906$7,879
INT'L PROGRAMS-OPERATING$364,686$328,339$35,488$859
Library Acquisitions$1,250,228$1,257,554-$7,326

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$3,953,665TotalAmt
Program Services$3,559,607ProgramServicesAmt
Management And General$384,729ManagementAndGeneralAmt
Fundraising$9,329FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$276,397,506TotalAmt
Program Services$239,263,805ProgramServicesAmt
Management And General$29,317,190ManagementAndGeneralAmt
Fundraising$7,816,511FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$18,021BOYAmt
EOY$219,540EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$50,068,125BOYAmt
EOY$55,194,641EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$29,361,443BOYAmt
EOY$45,221,565EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$3,035,143BOYAmt
EOY$2,927,893EOYAmt

Receivables From Officers Etc ReceivablesFromOfficersEtcGrp

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

Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp

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

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

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

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

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

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$586,256,224LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$247,970,615LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$300,103,714BOYAmt
EOY$338,285,609EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$286,191,881BOYAmt
EOY$304,472,666EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$39,180,658BOYAmt
EOY$77,645,311EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

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

Intangible Assets IntangibleAssetsGrp

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

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$77,546,309BOYAmt
EOY$57,279,233EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$785,505,294BOYAmt
EOY$881,246,458EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$35,050,045BOYAmt
EOY$41,005,920EOYAmt

Grants Payable GrantsPayableGrp

FieldValueIRS element (for citing)
BOY$2,415,716BOYAmt
EOY$2,434,466EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$17,066,735BOYAmt
EOY$18,789,703EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$247,218,762BOYAmt
EOY$240,368,885EOYAmt

Escrow Account Liability EscrowAccountLiabilityGrp

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

Loans From Officers Directors LoansFromOfficersDirectorsGrp

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

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

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

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

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

Other Liabilities OtherLiabilitiesGrp

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

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$301,751,258BOYAmt
EOY$302,598,974EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$255,104,159BOYAmt
EOY$300,164,086EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$88,724,820BOYAmt
EOY$131,061,654EOYAmt

Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$139,925,057BOYAmt
EOY$147,421,744EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$483,754,036BOYAmt
EOY$578,647,484EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$785,505,294BOYAmt
EOY$881,246,458EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss$65,679,510ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$29,290,767NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets-$76,829OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedYes (true)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

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

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
SchoolYes (X)SchoolInd

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$27,325,752CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$29,129,565CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$26,696,203CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$29,558,321CurrentTaxYearMinus1YearAmt
Current Tax Year$64,185,723CurrentTaxYearAmt
Total$176,895,564TotalAmt

Tax Rev Levied Orgnztnl Bnft170 TaxRevLeviedOrgnztnlBnft170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$27,325,752CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$29,129,565CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$26,696,203CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$29,558,321CurrentTaxYearMinus1YearAmt
Current Tax Year$64,185,723CurrentTaxYearAmt
Total$176,895,564TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$47,598,683SubstantialContributorsTotAmt
Public Support Total170$129,296,881PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,017,219CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$2,233,274CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$5,318,342CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$5,617,104CurrentTaxYearMinus1YearAmt
Current Tax Year$5,235,363CurrentTaxYearAmt
Total$19,421,302TotalAmt

Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$290,985CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$181,792CurrentTaxYearMinus3YearsAmt
Total$472,777TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus3 Years$286,093CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$775,415CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$409,033CurrentTaxYearMinus1YearAmt
Total$1,470,541TotalAmt
FieldValueIRS element (for citing)
Total Support$198,260,184TotalSupportAmt
Gross Receipts Rltd Activities$1,214,741,164GrossReceiptsRltdActivitiesAmt
Public Support CY1700.65216PublicSupportCY170Pct
Public Support PY1700.84920PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

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

Schedule C IRS990ScheduleC

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

Supplemental Information Detail SupplementalInformationDetail

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

Schedule D IRS990ScheduleD

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

CY Endwmt Fund CYEndwmtFundGrp

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

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

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

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$321,418,792BeginningYearBalanceAmt
Contributions$5,462,179ContributionsAmt
Investment Earnings Or Losses$8,949,982InvestmentEarningsOrLossesAmt
Grants Or Scholarships$4,664,316GrantsOrScholarshipsAmt
Other Expenditures$6,667,741OtherExpendituresAmt
End Year Balance$324,498,896EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$279,942,310BeginningYearBalanceAmt
Contributions$5,975,887ContributionsAmt
Investment Earnings Or Losses$46,138,721InvestmentEarningsOrLossesAmt
Grants Or Scholarships$3,449,456GrantsOrScholarshipsAmt
Other Expenditures$7,188,670OtherExpendituresAmt
End Year Balance$321,418,792EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$256,129,303BeginningYearBalanceAmt
Contributions$7,440,796ContributionsAmt
Investment Earnings Or Losses$27,269,923InvestmentEarningsOrLossesAmt
Grants Or Scholarships$3,884,790GrantsOrScholarshipsAmt
Other Expenditures$7,012,922OtherExpendituresAmt
End Year Balance$279,942,310EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY0.42030BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY0.41490PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY0.16480TermEndowmentBalanceEOYPct
Endowments Held Unrelated OrgfalseEndowmentsHeldUnrelatedOrgInd
Endowments Held Related OrgfalseEndowmentsHeldRelatedOrgInd

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$6,393,750OtherCostOrOtherBasisAmt
Book Value$6,393,750BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$451,035,251OtherCostOrOtherBasisAmt
Depreciation$192,879,336DepreciationAmt
Book Value$258,155,915BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$17,776,785OtherCostOrOtherBasisAmt
Depreciation$7,602,010DepreciationAmt
Book Value$10,174,775BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$60,714,507OtherCostOrOtherBasisAmt
Depreciation$25,963,766DepreciationAmt
Book Value$34,750,741BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$50,335,931OtherCostOrOtherBasisAmt
Depreciation$21,525,503DepreciationAmt
Book Value$28,810,428BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$338,285,609TotalBookValueLandBuildingsAmt
Financial DerivativesFinancialDerivativesGrp
Closely Held Equity InterestsCloselyHeldEquityInterestsGrp

Other Securities OtherSecuritiesGrp (3 entries)

DescDescBook ValueBookValueAmtMethod ValuationMethodValuationCd
PRIVATE EQUITY & OTHER$32,181,372F
EQUITY FUNDS (NONREGISTERED)$17,287,591F
HEDGE FUNDS$28,176,348F
FieldValueIRS element (for citing)
Total Book Value Securities$77,645,311TotalBookValueSecuritiesAmt

Other Assets Org OtherAssetsOrgGrp (3 entries)

DescDescBook ValueBookValueAmt
DEPOSIT WITH TRUSTEES$50,001,935
PREPAID EXPENSES$3,853,097
OTHER ASSETS$3,424,201
FieldValueIRS element (for citing)
Total Book Value Other Assets$57,279,233TotalBookValueOtherAssetsAmt
Federal Income Tax Liability$0FederalIncomeTaxLiabilityAmt
Total Liability$0TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$296,131,890TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$29,290,767NetUnrealizedGainsInvstAmt
Other Revenue-$75,371,398OtherRevenueAmt
Revenue Not Reported-$46,080,631RevenueNotReportedAmt
Revenue Subtotal$342,212,521RevenueSubtotalAmt
Investment Expenses Not Incld$439,875InvestmentExpensesNotIncldAmt
Other Revenues Not Included-$575,380OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt-$135,505RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$342,077,016TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$201,238,442TotExpnsEtcAuditedFinclStmtAmt
Other Expenses Included$575,380OtherExpensesIncludedAmt
Expenses Not Reported$575,380ExpensesNotReportedAmt
Expenses Subtotal$200,663,062ExpensesSubtotalAmt
Investment Expenses Not Incld2$439,875InvestmentExpensesNotIncld2Amt
Other Expenses Not Included$75,294,569OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt$75,734,444ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$276,397,506TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (8 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
SCHEDULE D, PART II, LINE 9The conservation easements are not valued in the University's Audited Financial Statements. SCHEDULE D, PART III, LINE 1A SFAS 116 (ASC 958) FOOTNOTE THE ART COLLECTIONS ARE DONATED TO THE UNIVERSITY AND NOT RECOGNIZED IN THE ASSETS OF THE BALANCE SHEET. THE AUDITED FINANCIAL STATEMENT DOES NOT HAVE A FOOTNOTE REGARDING THE COLLECTIONS.
SCHEDULE D, PART III, LINE 4THE ART COLLECTIONS ARE IMPORTANT CULTURAL RESOURCES OF THE UNIVERSITY, PROVIDING ARTS AND ACADEMIC ENRICHMENT TO THE STUDENTS, FACULTY, LOCAL COMMUNITY, AND INTERNATIONAL SCHOLARLY COMMUNITY. THE COLLECTIONS ARE HOUSED AT THE LUKACS GALLERY, THOMAS J WALSH ART GALLERY, THE BELLARMINE MUSEUM & VARIOUS LOCATIONS ON CAMPUS. A WEBSITE HAS BEEN DESIGNED TO GIVE ACCESS TO THESE WORKS OF ART, COLLECTIONS AND VENUES AND TO PROVIDE HISTORICAL AND TECHNICAL INFORMATION ON THE WORKS. THE BELLARMINE MUSEUM IS DEDICATED TO PRESERVING, STUDYING, AND EXHIBITING THOSE OBJECTS ENTRUSTED TO ITS CARE, WHILE NEVER LOSING SIGHT OF ITS OBLIGATION TO EDUCATE AND INSPIRE ITS MANY AUDIENCES, FOR THE GREATER ENRICHMENT OF ALL. THE MUSEUM IS OPEN TO THE PUBLIC AND FREE OF CHARGE.
SCHEDULE D, PART V, LINE 4THE UNIVERSITY'S ENDOWMENT IS AN AGGREGATION OF GIFTS PROVIDED BY DONORS WITH THE REQUIREMENT THE GIFTS BE HELD IN PERPETUITY TO GENERATE EARNINGS NOW AND IN FUTURE YEARS TO SUPPORT THE UNIVERSITY'S PROGRAMS OF INSTRUCTION, RESEARCH AND PUBLIC SERVICE AND FUNDS DESIGNATED BY THE BOARD OF TRUSTEES TO FUNCTION AS ENDOWMENT. EARNINGS FROM ENDOWMENT INVESTMENTS SUPPORT SCHOLARSHIPS, CHAIRS, PROFESSORSHIPS, FELLOWSHIPS, BASIC RESEARCH, AS WELL AS ACADEMIC AND PUBLIC SERVICE PROGRAMS. THE ENDOWMENT SHOULD PROVIDE STABILITY SINCE THE PRINCIPAL IS INVESTED AND EARNINGS ARE GENERATED YEAR AFTER YEAR. NET ASSETS ASSOCIATED WITH ENDOWMENT FUNDS, INCLUDING FUNDS DESIGNATED BY THE BOARD OF TRUSTEES TO FUNCTION AS ENDOWMENTS, ARE CLASSIFIED AND REPORTED BASED ON THE EXISTENCE OR ABSENCE OF DONOR-IMPOSED RESTRICTIONS.
SCHEDULE D, PART X, LINE 2THE UNIVERSITY IS A NOT-FOR-PROFIT CORPORATION AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE CODE) AND IS GENERALLY EXEMPT FROM INCOME TAXES ON RELATED INCOME PURSUANT TO SECTION 501(A) OF THE CODE. THE UNIVERSITY RECOGNIZES THE EFFECTS OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT OF BEING SUSTAINED. THE UNIVERSITY EVALUATES, ON AN ANNUAL BASIS, THE EFFECTS OF ANY UNCERTAIN TAX POSITIONS ON ITS FINANCIAL STATEMENTS. AS OF JUNE 30, 2017, THE UNIVERSITY HAS NOT IDENTIFIED OR PROVIDED FOR ANY SUCH POSITIONS.
SCHEDULE D, PART XI, LINE 2DOTHER AMOUNTS INCLUDED ON LINE 1 BUT NOT ON FORM 990, PART VIII, LINE 12: STUDENT FINANCIAL AID $(75,294,569) CHANGE IN SPLIT INTEREST AGREEMENTS (76,829) ------------- $(75,371,398)
SCHEDULE D, PART XI, LINE 4BOTHER AMOUNTS INCLUDED ON FORM 990, PART VIII, LINE 12, BUT NOT ON LINE 1: RENTAL EXPENSE $(575,380)
SCHEDULE D, PART XII, LINE 2DOTHER AMOUNTS INCLUDED ON LINE 1 BUT NOT ON FORM 990, PART IX, LINE 25: RENTAL EXPENSE $575,380
SCHEDULE D, PART XII, LINE 4BOTHER AMOUNTS INCLUDED ON FORM 990, PART IX, LINE 25, BUT NOT ON LINE 1: STUDENT FINANCIAL AID $75,294,569

Schedule E IRS990ScheduleE

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

Supplemental Information Detail SupplementalInformationDetail (2 entries)

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

Schedule F IRS990ScheduleF

Account Activities Outside US AccountActivitiesOutsideUSGrp (15 entries)

RegionRegionTxtOfficesOfficesCntEmployeeEmployeeCntType Of Activities ConductedTypeOfActivitiesConductedTxtSpecific Services ProvidedSpecificServicesProvidedTxtRegion Total ExpendituresRegionTotalExpendituresAmt
Europe (Including Iceland and Greenland)12Program ServicesStudy Abroad Program$5,083,525
East Asia and the PacificProgram ServicesStudy Abroad Program$447,777
Central America and the CaribbeanProgram ServicesStudy Abroad Program$27,460
Sub-Saharan AfricaProgram ServicesStudy Abroad Program$8,152
Central America and the CaribbeanGrantmaking$72,000
East Asia and the PacificGrantmaking$313,340
Europe (Including Iceland and Greenland)Grantmaking$1,006,085
North AmericaGrantmaking$2,168,514
South AmericaGrantmaking$75,000
South AsiaGrantmaking$7,000
Sub-Saharan AfricaGrantmaking$183,383
Middle East and North AfricaGrantmaking$4,420
Russia and Neighboring StatesGrantmaking$19,000
Central America and the CaribbeanInvestments$33,879,614
Europe (Including Iceland and Greenland)Investments$3,260,851
FieldValueIRS element (for citing)
Subtotal Offices1SubtotalOfficesCnt
Subtotal Employees2SubtotalEmployeesCnt
Total Office1TotalOfficeCnt
Total Employee2TotalEmployeeCnt
Subtotal Spent$46,556,121SubtotalSpentAmt
Total Spent$46,556,121TotalSpentAmt

Foreign Individuals Grants ForeignIndividualsGrantsGrp (9 entries)

Type Of AssistanceTypeOfAssistanceTxtRegionRegionTxtRecipientRecipientCntCash GrantCashGrantAmt
SCHOLARSHIPCentral America and the Caribbean2$72,000
SCHOLARSHIPEast Asia and the Pacific12$313,340
SCHOLARSHIPEurope (Including Iceland and Greenland)23$1,006,085
SCHOLARSHIPNorth America47$2,168,514
SCHOLARSHIPSouth America2$75,000
SCHOLARSHIPSouth Asia1$7,000
SCHOLARSHIPSub-Saharan Africa3$183,383
SCHOLARSHIPMiddle East and North Africa2$4,420
SCHOLARSHIPRussia and the Newly Independent States1$19,000
FieldValueIRS element (for citing)
Transfer To Foreign CorpYes (true)TransferToForeignCorpInd
Interest In Foreign TrustfalseInterestInForeignTrustInd
Foreign Corp OwnershipYes (true)ForeignCorpOwnershipInd
Passive Foreign Investmest CoYes (true)PassiveForeignInvestmestCoInd
Foreign PartnershipYes (true)ForeignPartnershipInd
Boycott CountriesYes (true)BoycottCountriesInd

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
SCHEDULE F, PART I, LINE 1THE UNIVERSITY HAS IN PLACE INTERNAL CONTROLS TO ENSURE AMOUNTS ARE AWARDED TO STUDENTS WHO CONTINUE TO MEET & MAINTAIN ELIGIBILTY REQUIREMENTS, THESE INTERNAL CONTROLS ARE ADMINISTRATED BY THE UNIVERSITY'S FINANCIAL AID OFFICE.
SCHEDULE F, PART I, LINE 3STUDY ABROAD PROGRAMS AND GRANTMAKING ARE REPORTED ON THE ACCRUAL METHOD. INVESTMENTS ARE REPORTED AT FAIR MARKET VALUE.

Schedule G IRS990ScheduleG

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

Fundraiser Activity Info FundraiserActivityInfoGrp (3 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdActivityActivityTxtFundraiser Control Of FundsFundraiserControlOfFundsIndGross ReceiptsGrossReceiptsAmtRetained By ContractorRetainedByContractorAmtNet To OrganizationNetToOrganizationAmt
RUFFALO CODY
PO Box 718Des MoinesIA503030718EXTERNAL DBfalse$323,623$29,127$294,496
COMMUNITY COUNSELING SERV
PO Box 824885PhiladelphiaPA191824885CAMPAIGN CONSULTINGfalse$313,115
GIVECAMPUS INC
903 G ST SEWashingtonDC20003EXTERNAL WEBSITEfalse$303,329$19,189$284,140
FieldValueIRS element (for citing)
Total Gross Receipts$626,952TotalGrossReceiptsAmt
Total Retained By Contractors$361,431TotalRetainedByContractorsAmt
Total Net To Organization$578,636TotalNetToOrganizationAmt

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1Alumni Awrd DinEvent1Nm
Gross Receipts Event1$743,244GrossReceiptsEvent1Amt
Charitable Contri Event1$632,044CharitableContriEvent1Amt
Gross Revenue Event1$111,200GrossRevenueEvent1Amt
Rent Facility Costs Event1$149,255RentFacilityCostsEvent1Amt
Food And Beverage Event1$661FoodAndBeverageEvent1Amt
Entertainment Event1$1,168EntertainmentEvent1Amt
Other Direct Expenses Event1$34,177OtherDirectExpensesEvent1Amt
Other Events Total0OtherEventsTotalCnt
Gross Receipts Total$743,244GrossReceiptsTotalAmt
Charitable Contributions Tot$632,044CharitableContributionsTotAmt
Gross Revenue Total Events$111,200GrossRevenueTotalEventsAmt
Rent Fclty Costs Total Events$149,255RentFcltyCostsTotalEventsAmt
Food And Beverage Total Events$661FoodAndBeverageTotalEventsAmt
Entertainment Total Events$1,168EntertainmentTotalEventsAmt
Oth Direct Expnss Total Events$34,177OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$185,261DirectExpenseSummaryEventsAmt
Net Income Summary-$74,061NetIncomeSummaryAmt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE G, PART I- PROFESSIONAL FUNDRAISING SERVICESFormAndLineReferenceDesc
Explanation- Ruffalo Cody: Fairfield University uses Ruffalo Cody, a provider of fundraising services, software for its annual phoneathon. - Community Counseling Services, a strategic fundraising firm, provided on-site trainings to Fairfield University in-house personnel on fundraising strategies, planning, managing, as well as implementing programs that achieve fundraising goals. - GiveCampus, an external website, is digital fundraising and volunteer management platform.ExplanationTxt

Schedule I IRS990ScheduleI

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

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (6 entries)

Grant TypeGrantTypeTxtRecipientRecipientCntCash GrantCashGrantAmt
INSTITUTIONAL SCHOLARSHIPS4141$58,976,208
ATHLETIC SCHOLARSHIPS243$5,086,515
STATE AND FEDERAL GRANTS688$538,652
PREP SCHOOL FINANCIAL AID250$2,382,624
OTHER FINANCIAL AID455$4,461,828
HONORARIA486$869,329

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE I, PART I, LINE 1AFormAndLineReferenceDesc
ExplanationThe University offers financial assistance in the form of Loans, Grants, Employment (Work Study) and Scholarships. The awards are awarded to students meeting certain eligibility requirements. The programs are administered by the Financial Aid Office which has various internal controls in place to monitor the amount offered to students. An annual uniform guidance audit is conducted for the financial aid programs and the FISAP Report is preapred annually for the Department of Education. Amounts of aid awarded are credited to student accounts and not sent directly to students.ExplanationTxt

Schedule J IRS990ScheduleJ

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

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (12 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtBonus Filing OrganizationBonusFilingOrganizationAmountOther Compensation Filing OrgOtherCompensationFilingOrgAmt
REV JEFFREY VON ARX SJ
PRESIDENT (THROUGH 12/31/16)$304,495$23,850$41,213$369,558
LYNN BABINGTON
PROVOST(12/16)-INT PRES(1/17)$270,744$23,850$19,822$314,416$0$0
MICHAEL TRAFECANTE
VP for Finance/ Treasurer/ CFO$243,672$21,696$35,121$300,489
KEVIN LAWLOR
EXECUTIVE VICE PRESIDENT$346,700$23,850$106,257$476,807
CHRISTINE SIEGEL
PROVOST (AS OF 1/1/17)$154,000$14,400$32,951$201,351
THOMAS PELLEGRINO
VICE PRESIDENT$211,338$19,543$33,153$264,034
WALTER HALAS
VP ADVANCEMENTS$253,766$23,527$35,119$312,412
SYDNEY JOHNSON
HEAD MBB COACH$503,353$23,850$41,380$568,583
GREGORY KOUTMOS
PROF OF FINANCE$197,644$17,407$33,530$248,581
JOSEPH FRAGER
HEAD WBB COACH$210,022$19,378$79,767$309,167
BRUCE BERDANIER
DEAN$185,965$17,550$27,353$230,868
YOHURU WILLIAMS
DEAN COLLEGE OF ARTS & SCIENCE$180,520$16,686$80,676$277,882

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE J, PART I, LINE 1AFormAndLineReferenceDesc
ExplanationHOUSING ALLOWANCE OR RESIDENCE FOR PERSONAL USE: THE FORMER PRESIDENT RESIDED IN A HOUSE THAT WAS DONATED TO THE UNIVERSITY SPECIFICALLY FOR THE PRESIDENT'S USE. THE HOUSE IS USED EXTENSIVELY FOR UNIVERSITY EVENTS. THE FORMER PRESIDENT LIVED IN THE HOUSE FOR THE CONVENIENCE OF THE UNIVERSITY. PERSONAL SERVICES: CLEANING SERVICES ARE PROVIDED FOR THE PRESIDENT'S HOUSE AS UNIVERSITY EVENTS ARE CONDUCTED THERE. HEALTH OR SOCIAL CLUB DUES OR INITIATION FEES: THE HEAD COACH FOR MEN'S BASKETBALL RECEIVED MEMBERSHIP TO A CLUB FOR THE PURPOSE OF ENTERTAINING POTENTIAL DONORS TO THE ATHLETIC PROGRAMS. ALL AMOUNTS ARE INCLUDED IN NON-TAXABLE BENEFITS IN SCHEDULE J, PART II, COLUMN (D).ExplanationTxt

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (4 entries)

Bond ReferenceBondReferenceCdBond Issuer EINBondIssuerEINCUSIPCUSIPNumBond IssuedBondIssuedDtIssue PriceIssuePriceAmtPurposePurposeDescDefeasedDefeasedIndOn Behalf Of IssuerOnBehalfOfIssuerIndPool FinancingPoolFinancingInd
CHEFA 2008 Series M
A06080618620774UVX02008-04-10$39,445,697REFUND CHEFA 2005 & 2004 SERIESfalsefalsefalse
CHEFA 2008 Series N
B06080618620774UK872008-08-21$110,773,813REFUND CHEFA 2005 SERIES BONDfalsefalsefalse
CHEFA 2010 Series O
C06080618620774UW502010-03-17$73,474,749CONSTRUCTION ON CAMPUSfalsefalsefalse
CHEFA 2010 Series P
D06080618620774UY412010-03-17$11,573,281CURRENT REFUNDING OF 1998 BONDfalsefalsefalse

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (4 entries)

Bond ReferenceBondReferenceCdRetiredRetiredAmtBond DefeasedBondDefeasedAmtTotal ProceedsTotalProceedsAmtIn Reserve FundInReserveFundAmtCapitalized InterestCapitalizedInterestAmtRefunding EscrowRefundingEscrowAmtIssuance Costs From ProceedsIssuanceCostsFromProceedsAmtCredit EnhancementCreditEnhancementAmtWorking Capital ExpendituresWorkingCapitalExpendituresAmtCapital ExpendituresCapitalExpendituresAmtOther Spent ProceedsOtherSpentProceedsAmtUnspentUnspentAmtSubstantial CompletionSubstantialCompletionYrCurrent RefundingCurrentRefundingIndAdvance RefundingAdvanceRefundingIndFinal Allocation MadeFinalAllocationMadeIndAdequate Books And Rec MaintAdequateBooksAndRecMaintInd
A$33,207,354$0$39,445,697$3,051,849$0$0$486,666$0$0$0$35,904,182$02005Yes (true)falseYes (true)Yes (true)
B$30,831,393$0$110,773,813$9,938,250$0$0$786,405$0$0$3,355,000$96,694,158$02002Yes (true)falseYes (true)Yes (true)
C$469,773$0$73,474,749$7,011,334$4,732,010$0$731,405$0$0$61,000,000$0$02012falsefalseYes (true)Yes (true)
D$2,793,673$0$11,573,281$1,065,750$0$0$116,497$0$0$0$10,391,034$0Yes (true)falseYes (true)Yes (true)

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (4 entries)

Bond ReferenceBondReferenceCdOwning Bond Financed PropertyOwningBondFinancedPropertyIndAny Lease ArrangementsAnyLeaseArrangementsIndMgmt Contract Bond Fincd PropMgmtContractBondFincdPropIndEngage Bond Counsel ContractsEngageBondCounselContractsIndAny Research AgreementsAnyResearchAgreementsIndEngage Bond Counsel ResearchEngageBondCounselResearchIndPrivate Bus Use By OthersPrivateBusUseByOthersPctTotal Private Business UseTotalPrivateBusinessUsePctBond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestIndChange In Use Bond Financed PropChangeInUseBondFinancedPropIndRemedial Action TakenRemedialActionTakenIndProcs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd
AfalsefalseYes (true)Yes (true)Yes (true)Yes (true)0.001500.00150falsefalsefalseYes (true)
BfalsefalseYes (true)Yes (true)falsefalse0.041500.04150falsefalsefalseYes (true)
CfalsefalseYes (true)Yes (true)falsefalse0.061600.06160falsefalsefalsefalse
DfalsefalseYes (true)Yes (true)falsefalse0.020900.02090falsefalsefalsefalse

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (4 entries)

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

Procedures Corrective Action ProceduresCorrectiveActionGrp (4 entries)

Bond ReferenceBondReferenceCdProcedures Corrective ActionProceduresCorrectiveActionInd
Afalse
Bfalse
Cfalse
Dfalse

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
SCHEDULE K, PART III, LINE 3AALL MANAGEMENT AND SERVICE CONTRACTS IN BOND FINANCED SPACE HAVE BEEN PREVIOUSLY REVIEWED BY BOND COUNSEL. THEY WERE DETERMINED TO FALL UNDER THE SAFE HARBOR PROVIDED BY REVENUE PROCEDURE 97-13 AND WILL NOT RESULT IN PRIVATE BUSINESS USE.
SCHEDULE K, PART III, LINE 3CRESEARCH AGREEMENTS RELATING TO THE BONDS ISSUE M AND Q2 HAVE BEEN REVIEWED BY BOND COUNSEL TO ENSURE THEY ARE COMPLIANT WITH THE APPLICABLE SAFE HARBORS. THE RESEARCH AGREEMENTS DID NOT RESULT IN ANY PRIVATE BUSINESS USE.
SCHEDULE K, PART IV, LINE 2CTHE DATE OF MOST RECENT REBATE CALCULATION FOR THE CHEFA 2008 SERIES M, CHEFA 2008 SERIES N, CHEFA 2010 SERIES 0 AND CHEFA 2010 SERIES P BOND ISSUES WAS MARCH 2015.
SCHEDULE K, PART III, LINE 9, PART IV, LINE 7, AND PART VTHE UNIVERSITY PLANS TO DRAFT WRITTEN PROCEDURES FOR THE NEXT TAX YEAR.

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (2 entries)

Bond ReferenceBondReferenceCdBond Issuer EINBondIssuerEINCUSIPCUSIPNumBond IssuedBondIssuedDtIssue PriceIssuePriceAmtPurposePurposeDescDefeasedDefeasedIndOn Behalf Of IssuerOnBehalfOfIssuerIndPool FinancingPoolFinancingInd
CHEFA 2016 SERIES Q-1
A06080618620774YYR22016-02-25$53,583,942CAMPUS CONSTRUCTIONfalsefalsefalse
CHEFA 2016 SERIES Q-2
B06080618620774YZH32016-03-30$20,006,907PARTIALLY REFUND CHEFA SERIES 2008falsefalsefalse

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (2 entries)

Bond ReferenceBondReferenceCdRetiredRetiredAmtBond DefeasedBondDefeasedAmtTotal ProceedsTotalProceedsAmtIn Reserve FundInReserveFundAmtCapitalized InterestCapitalizedInterestAmtRefunding EscrowRefundingEscrowAmtIssuance Costs From ProceedsIssuanceCostsFromProceedsAmtCredit EnhancementCreditEnhancementAmtWorking Capital ExpendituresWorkingCapitalExpendituresAmtCapital ExpendituresCapitalExpendituresAmtOther Spent ProceedsOtherSpentProceedsAmtUnspentUnspentAmtCurrent RefundingCurrentRefundingIndAdvance RefundingAdvanceRefundingIndFinal Allocation MadeFinalAllocationMadeIndAdequate Books And Rec MaintAdequateBooksAndRecMaintInd
A$833,361$0$53,583,942$0$3,138,393$0$525,083$0$0$49,920,466$0$0falsefalseYes (true)Yes (true)
B$432,524$0$20,006,907$0$0$0$291,476$0$0$0$19,715,431$0falseYes (true)Yes (true)Yes (true)

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (2 entries)

Bond ReferenceBondReferenceCdOwning Bond Financed PropertyOwningBondFinancedPropertyIndAny Lease ArrangementsAnyLeaseArrangementsIndMgmt Contract Bond Fincd PropMgmtContractBondFincdPropIndAny Research AgreementsAnyResearchAgreementsIndPrivate Bus Use By OthersPrivateBusUseByOthersPctBond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestIndChange In Use Bond Financed PropChangeInUseBondFinancedPropIndRemedial Action TakenRemedialActionTakenIndProcs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdIndEngage Bond Counsel ContractsEngageBondCounselContractsIndTotal Private Business UseTotalPrivateBusinessUsePct
Afalsefalsefalsefalse0falsefalsefalseYes (true)
BfalsefalseYes (true)false0.00090falsefalsefalseYes (true)Yes (true)0.00090

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (2 entries)

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

Procedures Corrective Action ProceduresCorrectiveActionGrp (2 entries)

Bond ReferenceBondReferenceCdProcedures Corrective ActionProceduresCorrectiveActionInd
Afalse
Bfalse

Schedule M IRS990ScheduleM

Works Of Art WorksOfArtGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution15ContributionCnt
Noncash Contributions Rpt F990$0NoncashContributionsRptF990Amt
FieldValueIRS element (for citing)
Art Historical TreasuresArtHistoricalTreasuresGrp
Art Fractional InterestArtFractionalInterestGrp
Books And PublicationsBooksAndPublicationsGrp

Clothing And Household Goods ClothingAndHouseholdGoodsGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Noncash Contributions Rpt F990$522NoncashContributionsRptF990Amt
Method Of Determining RevenuesFMVMethodOfDeterminingRevenuesTxt
FieldValueIRS element (for citing)
Cars And Other VehiclesCarsAndOtherVehiclesGrp
Boats And PlanesBoatsAndPlanesGrp
Intellectual PropertyIntellectualPropertyGrp

Securities Publicly Traded SecuritiesPubliclyTradedGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution70ContributionCnt
Noncash Contributions Rpt F990$4,928,626NoncashContributionsRptF990Amt
Method Of Determining RevenuesFMVMethodOfDeterminingRevenuesTxt
FieldValueIRS element (for citing)
Securities Closely Held StockSecuritiesCloselyHeldStockGrp
Secur Prtnrshp Trust IntrstsSecurPrtnrshpTrustIntrstsGrp
Securities MiscellaneousSecuritiesMiscellaneousGrp
Qualified Contrib Hist StructQualifiedContribHistStructGrp
Qualified Contrib OtherQualifiedContribOtherGrp
Real Estate ResidentialRealEstateResidentialGrp
Real Estate CommercialRealEstateCommercialGrp
Real Estate OtherRealEstateOtherGrp
CollectiblesCollectiblesGrp
Food InventoryFoodInventoryGrp
Drugs And Medical SuppliesDrugsAndMedicalSuppliesGrp
TaxidermyTaxidermyGrp
Historical ArtifactsHistoricalArtifactsGrp
Scientific SpecimensScientificSpecimensGrp
Archaeological ArtifactsArchaeologicalArtifactsGrp

Other Non Cash Contri Table OtherNonCashContriTableGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
DescMedical EquipmentDesc
Contribution123ContributionCnt
Noncash Contributions Rpt F990$86,582NoncashContributionsRptF990Amt
Method Of Determining RevenuesFMVMethodOfDeterminingRevenuesTxt
FieldValueIRS element (for citing)
Form8283 Received2Form8283ReceivedCnt
Any Property That Must Be HeldfalseAnyPropertyThatMustBeHeldInd
Review Process Unusual NC GiftsfalseReviewProcessUnusualNCGiftsInd
Third Parties UsedfalseThirdPartiesUsedInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE M, PART I, Line 1, Column (c)FormAndLineReferenceDesc
ExplanationWorks of Art Fairfield University does not report an appraised value for work of Arts in its audited financial statements. SCHEDULE M, PART I, PART I, COLUMN B THE NUMBER IN SCHEDULE M, PART I, COLUMN B REPRESENTS THE NUMBER OF ITEMS CONTRIBUTED.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART III, LINE 1A FAIRFIELD UNIVERSITY EDUCATION HAS BECOME MORE INTEGRATED IN FOCUS, MORE GLOBAL IN OUTLOOK, AND MORE INTENTIONAL IN ITS STRUCTURE THAN EVER BEFORE IN THE JESUIT TRADITION. WE ARE COMMITTED TO CREATING A STUDENT-FOCUSED, HOLISTIC, AND DIVERSE EDUCATIONAL ENVIRONMENT INTENDED TO EDUCATE THE WHOLE PERSON, MIND, BODY AND SPIRIT. WE WANT TO CULTIVATE IN BOTH OUR UNDERGRADUATE AND GRADUATE STUDENTS A SENSE OF COMMUNITY AND STRONG ETHICAL AND SPIRITUAL VALUES TO GUIDE THEM ON THEIR PATHS INTO THE FUTURE. FORM 990, PART III, LINE 4A FAIRFIELD UNIVERSITY IS AN INSTITUTION OF HIGHER LEARNING WITH UNDERGRADUATE, GRADUATE AND CONTINUING EDUCATION ACADEMIC PROGRAMS INCLUDING STUDENTS RESIDING ON CAMPUS. FULL-TIME EQUIVALENT ENROLLMENT FOR THE 2016-2017 ACADEMIC YEAR WAS 3,879 UNDERGRADUATES AND 680 GRADUATE STUDENTS WITH APPROXIMATELY 2,955 STUDENTS LIVING IN ON-CAMPUS RESIDENCES. ALSO INCLUDED IN OUR PROGRAM SERVICES IS A SECONDARY PREPARATORY SCHOOL WITH AN ENROLLMENT OF APPROXIMATELY 875 STUDENTS. FAIRFIELD UNIVERSITY WELCOMED 1,056 MEMBERS OF THE CLASS OF 2020 AND 52 TRANSFER STUDENTS TO CAMPUS IN THE FALL OF 2016. THE CLASS OF 2020 IS A STRONG CLASS, WITH AN AVERAGE SAT SCORE OF 1780, INLINE WITH THE CLASS OF 20I9. CONTINUED REFINEMENT OF THE FINANCIAL AID PROCESS AS WELL AS ENHANCEMENTS TO CAMPUS PROGRAMMING AND FOLLOW UP COMMUNICATION EFFORTS RESULTED IN A CLASS THAT EXCEEDED OUR BUDGETED GOALS. RECOGNITION OF QUALITY AND VALUE: FOR THE 26TH CONSECUTIVE YEAR FAIRFIELD RANKED IN THE TOP 2% OF ITS PEER GROUP IN SURVEYS DONE BY U.S. NEWS & WORLD REPORT, FAIRFIELD WAS THE THIRD HIGHEST UNIVERSITY IN THE NORTH REGION. THE UNIVERSITY WAS ALSO ACCLAIMED FOR ITS "IMPROVED RANKING AMONG BEST UNDERGRAD ENGINEERING PROGRAMS (RANK #103) AND BEST VALUE SCHOOLS (RANK #18), AND ACHIEVED THE #3 RANK FOR BEST UNDERGRADUATE TEACHING INSTITUTIONS", HIGH FRESHMAN RETENTION RATE (89%) AND SIX-YEAR GRADUATION RATE (82%). MONEY MAGAZINE RANKED FAIRFIELD IN THE TOP 186 (OUT OF 711) FOR BEST COLLEGES AND #34 AMONG 50 COLLEGES THAT ADD THE MOST VALUE. FAIRFIELD HAS ALSO BEEN RECOGNIZED BY THE FOLLOWING PUBLICATIONS AND ORGANIZATIONS: FORBES MAGAZINE'S AMERICAN'S TOP COLLEGES, PRINCETON REVIEW'S TOP 380 COLLEGES, KIPLNGER'S PERSONAL FINANCE "35 BEST COLLEGE VALUES IN NEW ENGLAND", BLOOMBERG BUSINESS WEEK'S LIST OF BEST UNDERGRADUATE BUSINESS SCHOOLS ABROAD "101 TOP FOUR STUDY ABROAD PROGRAMS IN THE WORLD". THE FAIRFIELD STAGS CONTINUE TO DEMONSTRATE PROWESS ON BOTH THE FIELD AND IN THE CLASSROOM IN DATA RELEASED BY THE NATIONAL COLLEGIATE ATHLETIC ASSOCIATION, FAIRFIELD HAD THE HIGHEST GRADUATION SUCCESS RATE (GSR) OF ALL 11 METRO ATLANTIC ATHLETIC CONFERENCE (MAAC) COLLEGES AND UNIVERSITIES AND THE 24TH HIGHEST IN THE NATION. FAIRFIELD HAD A GSR OF 97 PERCENT WITH 13 SPORTS AT FAIRFIELD UNIVERSITY ACHIEVING A 100% GRADUATION RATE.
FORM 990, PART III, LINE 4BAUXILIARY SERVICES INCLUDE THE COSTS OF ROOM AND BOARD FOR APPROXIMATELY 2,955 FULL-TIME UNDERGRADUATE STUDENTS LIVING ON CAMPUS IN RESIDENCE HALLS, TOWNHOUSES, AND APARTMENT COMPLEXES RESIDING ON A 200-ACRE CAMPUS. GRADUATE STUDENT HOUSING IS ALSO OFFERED IN INDEPENDENT OFF-CAMPUS HOUSES, AND IN AN APARTMENT STYLE RESIDENCE HALL.
FORM 990, PART VI, SECTION B, LINE 11B:IT IS THE POLICY OF FAIRFIELD UNIVERSITY THAT EACH VOTING MEMBER OF THE FINANCE AND AUDIT COMMITTEE OF THE BOARD OF TRUSTEES IS PRESENTED WITH A COPY OF THE COMPLETED IRS FORM 990 BEFORE IT IS FILED WITH THE IRS. FORM 990 IS REVIEWED AND APPROVED BY THE VICE PRESIDENT FOR FINANCE BEFORE IT IS FORWARDED TO THE FINANCE AND AUDIT COMMITTEE.
FORM 990, PART VI, SECTION B, LINE 12C:MEMBERS OF THE BOARD OF TRUSTEES ARE ASKED TO SIGN A CONFLICT OF INTEREST STATEMENT. THE STATEMENT SHALL BE SIGNED ANNUALLY BY EACH BOARD MEMBER AS A CONDITION OF MEMBERSHIP ON THE BOARD OF TRUSTEES. EACH TRUSTEE IS EXPECTED TO DISCLOSE IN WRITING TO THE CHAIRMAN OF THE BOARD ALL SITUATIONS IN WHICH CONFLICTS MIGHT EXIST, OR APPEAR TO EXIST. CONFLICT OF INTEREST STATEMENTS ARE COLLECTED AND REVIEWED BY THE CHIEF OF STAFF. NO TRUSTEE HAVING INTERESTS CONFLICTING WITH THE INTERESTS OF THE UNIVERSITY, OR APPEARING SO, SHALL TAKE PART IN THE DELIBERATIONS OR VOTES OF THE BOARD INVOLVING THE QUESTION CONCERNING THE CONFLICT NOR SEEK TO INFLUENCE THE OTHER TRUSTEES ON THAT QUESTION.
FORM 990, PART VI SECTION B, LINE 15:THE REVIEW PROCESS INCLUDES ALL OF THESE ELEMENTS (1) REVIEW AND APPROVAL BY THE BOARD OF TRUSTEES--COMPENSATION IS REVIEWED AND APPROVED BY THE BOARD OF TRUSTEES OF FAIRFIELD UNIVERSITY, PROVIDED THAT PERSONS WITH CONFLICTS OF INTEREST WITH RESPECT TO THE COMPENSATION ARRANGEMENT AT ISSUE ARE NOT INVOLVED IN THIS REVIEW AND APPROVAL (2)USE OF DATA AS TO COMPARABLE COMPENSATION--THE COMPENSATION OF THE PERSON IS REVIEWED AND APPROVED USING DATA AS TO COMPARABLE COMPENSATION FOR SIMILARLY QUALIFIED PERSONS IN FUNCTIONALLY COMPARABLE POSITIONS AT SIMILARLY SITUATED UNIVERSITIES. THE FOLLOWING METHODS HAVE BEEN USED: A. REVIEW BY AN INDEPENDENT THIRD PARTY; B. CONDUCT MARKET ASSESSMENT OF SALARIES; C. REVIEW OF FORM 990S OF COMPARABLE ORGANIZATIONS; AND D. EVALUATE THE APPROPRIATENESS OF THE CURRENT SALARY STRUCTURE TO ENSURE THAT WE ARE AND REMAIN COMPETITIVE WITH THE MARKET, AS WELL AS REMAIN INTERNALLY EQUITABLE. (3) CONTEMPORANEOUS DOCUMENTATION AND RECORDKEEPING--THERE IS CONTEMPORANEOUS DOCUMENTATION AND RECORD KEEPING WITH RESPECT TO THE DELIBERATIONS AND DECISIONS REGARDING THE COMPENSATION ARRANGEMENT. THE LAST TIME OF REVIEW WAS MARCH 2016 DURING THE BOARD MEETING.
FORM 990, PART VI, SECTION C, LINE 19:GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, FINANCIAL STATEMENTS, AND WHISTLEBLOWER POLICY ARE AVAILABLE ON THE UNIVERSITY'S WEBSITE AND ALSO BY REQUEST.
FORM 990, PART XI, LINE 9OTHER CHANGES IN NET ASSETS: CHANGE IN VALUE OF SPLIT INTEREST AGREEMENT $(76,829) ------------ $(76,829)