LIBERTY UNIVERSITY INC: Form 990, tax year 2016
View the entire original 990 at ProPublica ↗
- Organization
- LIBERTY UNIVERSITY INC (EIN 54-0946734)
- Tax period
- 2016-07-01 to 2017-06-30
- Filed
- 2018-05-15
- IRS object ID
- 201831359349310908
- Schema version
- 2016v3.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule C
- Schedule D
- Schedule E
- Schedule F
- Schedule G
- Schedule I
- Schedule J
- Schedule K
- Schedule L
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2018-05-15T15:46:40-05:00 | ReturnTs |
| Tax Period End | 2017-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 560747981 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DIXON HUGHES GOODMAN LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 901 EAST CARY STREET SUITE 1000 | AddressLine1Txt |
| City | RICHMOND | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 23219 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2016-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 540946734 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LIBERTY UNIVERSITY INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | LIBE | BusinessNameControlTxt |
| Phone | 4345923237 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1971 UNIVERSITY BLVD | AddressLine1Txt |
| City | LYNCHBURG | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 24515 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | DON MOON | PersonNm |
| Person Title | CFO/VP of Investment Mgmt | PersonTitleTxt |
| Phone | 4345923237 | PhoneNum |
| Signature | 2018-05-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Amy Bibby | PreparerPersonNm |
| PTIN | P00445891 | PTIN |
| Phone | 8042827636 | PhoneNum |
| Preparation | 2018-05-15 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2016 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | DON MOON | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1971 UNIVERSITY BLVD | AddressLine1Txt |
| City | LYNCHBURG | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 24515 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $1,888,506,592 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.LIBERTY.EDU | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1972 | FormationYr |
| Legal Domicile State | VA | LegalDomicileStateCd |
| Activity Or Mission | LIBERTY UNIVERSITY, INC. IS A CHRISTIAN ACADEMIC COMMUNITY IN THE TRADITION OF EVANGELICAL INSTITUTIONS OF HIGHER EDUCATION, WITH THE PRIMARY MISSION OF PROVIDING QUALITY COLLEGIATE EDUCATION. | ActivityOrMissionDesc |
| Voting Members Governing Body | 31 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 22 | VotingMembersIndependentCnt |
| Total Employee | 12755 | TotalEmployeeCnt |
| Total Volunteers | 11000 | TotalVolunteersCnt |
| Total Gross UBI | $5,648,974 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $44,294 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $20,246,077 | PYContributionsGrantsAmt |
| CY Contributions Grants | $13,964,116 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $1,013,111,816 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $1,037,526,114 | CYProgramServiceRevenueAmt |
| PY Investment Income | -$6,154,121 | PYInvestmentIncomeAmt |
| CY Investment Income | $50,245,699 | CYInvestmentIncomeAmt |
| PY Other Revenue | $32,901,348 | PYOtherRevenueAmt |
| CY Other Revenue | $9,574,570 | CYOtherRevenueAmt |
| PY Total Revenue | $1,060,105,120 | PYTotalRevenueAmt |
| CY Total Revenue | $1,111,310,499 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $221,984,807 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $228,112,008 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $340,762,124 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $356,454,861 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $4,486,779 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $281,839,177 | PYOtherExpensesAmt |
| CY Other Expenses | $292,715,544 | CYOtherExpensesAmt |
| PY Total Expenses | $844,586,108 | PYTotalExpensesAmt |
| CY Total Expenses | $877,282,413 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $215,519,012 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $234,028,086 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $2,265,165,058 | TotalAssetsBOYAmt |
| Total Assets EOY | $2,571,559,687 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $450,422,401 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $467,549,845 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $1,814,742,657 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $2,104,009,842 | NetAssetsOrFundBalancesEOYAmt |
| Mission | LIBERTY UNIVERSITY, INC. IS A CHRISTIAN ACADEMIC COMMUNITY IN THE TRADITION OF EVANGELICAL INSTITUTIONS OF HIGHER EDUCATION, WITH THE PRIMARY MISSION OF PROVIDING QUALITY COLLEGIATE EDUCATION. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $716,482,482 | ExpenseAmt |
| Grant | $228,112,008 | GrantAmt |
| Revenue | $920,105,541 | RevenueAmt |
| Desc | Instruction of approximately 101,951 students in undergraduate, graduate and doctoral programs for both the online and residential programs. Scholarships, grants and other financial assistance are awarded to eligible students based on financial need and academic merit. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $43,633,258 | ExpenseAmt |
| Grant | $0 | GrantAmt |
| Revenue | $142,983,394 | RevenueAmt |
| Desc | Liberty University maintains a campus bookstore, housing and dining facilities, transportation services, athletic facilities, broadcasting facilities and other support services and facilities adding to the student experience. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $760,115,740 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | Yes (1) | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | Yes (1) | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Temp Or Permanent Endowments | Yes (1) | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (1) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (1) | SchoolOperatingInd |
| Foreign Office | Yes (1) | ForeignOfficeInd |
| Foreign Activities | Yes (1) | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (1) | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | Yes (1) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBondsInd |
| Escrow Account | 0 | EscrowAccountInd |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuerInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | Yes (1) | LoanOutstandingInd |
| Grant To Related Person | Yes (1) | GrantToRelatedPersonInd |
| Business Rln With Org Mem | Yes (1) | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | Yes (1) | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | Yes (1) | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | Yes (1) | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | Yes (1) | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (1) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | Yes (1) | TransactionWithControlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 990 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 12755 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (1) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (1) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Form8899 Filedind | 1 | Form8899Filedind |
| Form1098 C Filed | Yes (1) | Form1098CFiledInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 31 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 22 | IndependentVotingMemberCnt |
| Family Or Business Rln | Yes (1) | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | Yes (1) | InvestmentInJointVentureInd |
| Written Policy Or Procedure | Yes (1) | WrittenPolicyOrProcedureInd |
| States Where Copy Of Return Is Fld | VA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | AL | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NH | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | OR | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | SC | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | WA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | WI | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | ND | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NY | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NJ | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MD | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | AK | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Don Moon | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 4345923237 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1971 UNIVERSITY BOULEVARD | AddressLine1Txt |
| City | LYNCHBURG | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 24515 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (53 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Former Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd |
|---|---|---|---|---|---|---|---|---|---|---|
| Mr Jerry Falwell | ||||||||||
| CHANCELLOR/President | 55.00 | 0.50 | Yes (X) | Yes (X) | $959,802 | $0 | $58,725 | |||
| Mr Neal Askew | ||||||||||
| TrUSTEE | 9.00 | Yes (X) | $0 | $0 | $0 | |||||
| Mrs Gaye Overton Benson | ||||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | |||||
| Mr Jeffrey F Benson | ||||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | |||||
| Mr Fleet Browning | ||||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | |||||
| Mr Brian Autry | ||||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | |||||
| Dr Don Crain | ||||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | |||||
| Dr Jack Dinsbeer | ||||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | |||||
| Pastor Jonathan Falwell | ||||||||||
| TRUSTEE & Vice Chancellor of Spiritual | 9.00 | 2.00 | Yes (X) | $50,000 | $0 | $3,825 | ||||
| Mr Harvey Gainey | ||||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | |||||
| Dr Ronald Godwin | ||||||||||
| TrUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | |||||
| Evangelist William F Graham | ||||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | |||||
| Mr John Heath | ||||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | |||||
| Mr Carroll Hudson | ||||||||||
| TRUSTEE | 4.00 | 4.00 | Yes (X) | $0 | $0 | $0 | ||||
| Evangelist Tim Lee | ||||||||||
| TRUSTEE | 2.00 | Yes (X) | $3,000 | $0 | $0 | |||||
| Dr Allen McFarland | ||||||||||
| TRUSTEE & adjunct professo | 5.00 | Yes (X) | $4,200 | $0 | $321 | |||||
| Dr Gene Mims | ||||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | |||||
| Mr Richard Osborne | ||||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | |||||
| Mr Galen Peel Sr | ||||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | |||||
| Dr Jerry Prevo | ||||||||||
| TRUSTEE & Chairman | 2.00 | Yes (X) | $0 | $0 | $0 | |||||
| Mr Harold Rawlings | ||||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | |||||
| Dr Dwight Reighard | ||||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | |||||
| Dr David Rhodenhizer | ||||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | |||||
| Mr Steven A Snyder | ||||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | |||||
| Pastor Jason Suitt | ||||||||||
| TRUSTEE & Adjunct professor | 5.00 | Yes (X) | $4,200 | $0 | $321 | |||||
| Dr Jerry Thorpe | ||||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | |||||
| Mr Gilbert Tinney Jr | ||||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | |||||
| Dr Jerry Vines | ||||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | |||||
| Mr Duke Westover | ||||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $66,753 | $0 | |||||
| Mr Jeffery S Yager | ||||||||||
| TRUSTEE | 3.00 | Yes (X) | $0 | $0 | $0 | |||||
| Mr Anthony Beckles | ||||||||||
| TRUSTEE | 2.00 | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| David Corry | ||||||||||
| General Counsel/Secretary | 55.00 | Yes (X) | $241,004 | $0 | $34,839 | |||||
| Ron Hawkins | ||||||||||
| Provost & Chief Academic Officer | 55.00 | Yes (X) | $257,524 | $0 | $32,945 | |||||
| Don Moon | ||||||||||
| CFO/VP of Investment Mgmt | 55.00 | 2.00 | Yes (X) | $251,770 | $0 | $28,688 | ||||
| Randall Smith | ||||||||||
| EVP & COO | 55.00 | Yes (X) | $365,591 | $0 | $37,305 | |||||
| Dr Ben Gutierrez | ||||||||||
| Co-Provost & VP for Academic Affairs | 55.00 | 5.00 | Yes (X) | $199,098 | $0 | $19,638 | ||||
| Jeff Barber | ||||||||||
| Director of Athletics | 55.00 | $331,894 | $0 | $38,924 | Yes (X) | |||||
| Samuel Beaumont | ||||||||||
| Senior VP of Auxiliary Service | 55.00 | $208,784 | $0 | $29,968 | Yes (X) | |||||
| Lawrence Hine | ||||||||||
| Senior VP of Student Affairs | 55.00 | 5.00 | $179,753 | $0 | $29,570 | Yes (X) | ||||
| Chris Johnson | ||||||||||
| Executive VP for Resident Enrollment | 55.00 | $276,888 | $0 | $35,039 | Yes (X) | |||||
| Ronald Kennedy | ||||||||||
| Executive VP of Online Enrollment | 55.00 | $244,887 | $0 | $34,660 | Yes (X) | |||||
| David Nasser | ||||||||||
| Sr. VP for Spiritual Development | 55.00 | $349,411 | $0 | $29,442 | Yes (X) | |||||
| Charles Spence | ||||||||||
| SR. VP OF CAMPUS FACILITIES & TRANSPORTATION | 55.00 | $238,707 | $0 | $31,611 | Yes (X) | |||||
| Laura Wallace | ||||||||||
| Executive VP of Human Resources | 55.00 | $289,560 | $0 | $31,032 | Yes (X) | |||||
| Robert Ritz | ||||||||||
| Sr. VP for University Financial services | 55.00 | $224,904 | $0 | $32,864 | Yes (X) | |||||
| Alan Askew | ||||||||||
| VP of Major Construction | 55.00 | $193,764 | $0 | $28,961 | Yes (X) | |||||
| John Gauger | ||||||||||
| CIO & VP of Analytics | 55.00 | $180,843 | $0 | $30,984 | Yes (X) | |||||
| Turner Gill | ||||||||||
| Head Coach - Football | 55.00 | $893,219 | $0 | $54,062 | Yes (X) | |||||
| Ronnie Martin | ||||||||||
| Dean College of Osteopathic medicine | 55.00 | $347,090 | $0 | $33,165 | Yes (X) | |||||
| Ritchie McKay | ||||||||||
| Head Coach, Men's Basketball | 55.00 | $591,356 | $0 | $52,345 | Yes (X) | |||||
| Carey Green | ||||||||||
| Head Coach, Women's Basketball | 55.00 | $267,079 | $0 | $32,119 | Yes (X) | |||||
| Brian Faulkner | ||||||||||
| Dean School of Law | 55.00 | $264,911 | $0 | $36,245 | Yes (X) | |||||
| Dale Layer | ||||||||||
| Former highly compensated employee | 55.00 | $286,763 | $0 | $0 | Yes (X) | |||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $7,706,002 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $66,753 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $777,598 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 361 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | Yes (1) | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| Construction Management Associates Inc | |||||
| PO Box 3020 | Lynchburg | VA | 24503 | CoNSTRUCTION | $62,708,112 |
| Google Inc | |||||
| PO Box 7247-7366 | Philadelphia | PA | 19170 | Admissions Leads Generation | $17,415,069 |
| Glass & Associates Inc | |||||
| 1601 Wythe Rd | Lynchburg | VA | 24501 | CoNSTRUCTION | $14,219,880 |
| HigherEducationcom | |||||
| 1001 McKinney St Ste 400 | Houston | TX | 77002 | Admissions Leads Generation | $5,871,390 |
| Microsoft Online Inc | |||||
| PO Box 847543 | Dallas | TX | 75284 | Admissions Leads Generation | $3,212,120 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 102 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $73,141 | FundraisingAmt |
| Government Grants | $3,254,597 | GovernmentGrantsAmt |
| All Other Contributions | $10,636,378 | AllOtherContributionsAmt |
| Noncash Contributions | $324,647 | NoncashContributionsAmt |
| Total Contributions | $13,964,116 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (5 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt |
|---|---|---|---|---|
| TUITION AND FEES | 611710 | $931,701,079 | $931,701,079 | |
| ROOM & BOARD | 611710 | $77,263,683 | $73,194,734 | $4,068,949 |
| STUDENT FEES | 611710 | $12,024,297 | $12,024,297 | |
| STUDENT ACTIVITIES | 611710 | $9,972,871 | $9,765,154 | $207,717 |
| BOOKSTORE/CONCESSIONS | 611710 | $6,564,184 | $6,564,184 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $1,037,526,114 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $17,240,009 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $16,850 | UnrelatedBusinessRevenueAmt |
| Exclusion | $17,223,159 | ExclusionAmt |
Royalties Revenue RoyaltiesRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $399,606 | TotalRevenueColumnAmt |
| Exclusion | $399,606 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $5,821,624 | RealAmt |
| Personal | $143,332 | PersonalAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $3,551,171 | RealAmt |
| Personal | $64,179 | PersonalAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $2,270,453 | RealAmt |
| Personal | $79,153 | PersonalAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $2,349,606 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $143,331 | UnrelatedBusinessRevenueAmt |
| Exclusion | $2,206,275 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $781,895,097 | SecuritiesAmt |
| Other | $24,637,089 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $773,129,244 | SecuritiesAmt |
| Other | $397,252 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $8,765,853 | SecuritiesAmt |
| Other | $24,239,837 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $33,005,690 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $24,239,837 | RelatedOrExemptFuncIncomeAmt |
| Exclusion | $8,765,853 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $67,828 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $73,141 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $54,247 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $13,581 | TotalRevenueColumnAmt |
| Exclusion | $13,581 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt |
|---|---|---|---|---|
| OTHER INCOME | 611710 | $3,287,899 | $2,524,273 | $763,626 |
| Student Travel Fees | 561500 | $1,904,118 | $1,904,118 | |
| SPONSORSHIPS/ADVERTISI | 511120 | $1,038,319 | $589,818 | $448,501 |
Miscellaneous Revenue MiscellaneousRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $581,441 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $581,441 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $6,811,777 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,111,310,499 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $1,063,088,935 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $5,648,974 | UnrelatedBusinessRevenueAmt |
| Exclusion | $28,608,474 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,287,341 | TotalAmt |
| Program Services | $2,287,341 | ProgramServicesAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $225,824,667 | TotalAmt |
| Program Services | $225,824,667 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,460,446 | TotalAmt |
| Program Services | $5,362,170 | ProgramServicesAmt |
| Management And General | $1,053,053 | ManagementAndGeneralAmt |
| Fundraising | $45,223 | FundraisingAmt |
Comp Disqual Persons CompDisqualPersonsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,320,504 | TotalAmt |
| Program Services | $1,096,018 | ProgramServicesAmt |
| Management And General | $215,242 | ManagementAndGeneralAmt |
| Fundraising | $9,244 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $275,128,605 | TotalAmt |
| Program Services | $228,356,742 | ProgramServicesAmt |
| Management And General | $44,845,963 | ManagementAndGeneralAmt |
| Fundraising | $1,925,900 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,463,119 | TotalAmt |
| Program Services | $5,364,389 | ProgramServicesAmt |
| Management And General | $1,053,488 | ManagementAndGeneralAmt |
| Fundraising | $45,242 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $47,368,964 | TotalAmt |
| Program Services | $39,316,240 | ProgramServicesAmt |
| Management And General | $7,721,141 | ManagementAndGeneralAmt |
| Fundraising | $331,583 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $19,713,223 | TotalAmt |
| Program Services | $16,361,975 | ProgramServicesAmt |
| Management And General | $3,213,255 | ManagementAndGeneralAmt |
| Fundraising | $137,993 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,258,788 | TotalAmt |
| Management And General | $3,258,788 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $297,680 | TotalAmt |
| Management And General | $297,680 | ManagementAndGeneralAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $61,526 | TotalAmt |
| Program Services | $51,066 | ProgramServicesAmt |
| Management And General | $10,029 | ManagementAndGeneralAmt |
| Fundraising | $431 | FundraisingAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,645,585 | TotalAmt |
| Management And General | $4,645,585 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,846,975 | TotalAmt |
| Program Services | $3,192,989 | ProgramServicesAmt |
| Management And General | $627,057 | ManagementAndGeneralAmt |
| Fundraising | $26,929 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $23,267,027 | TotalAmt |
| Program Services | $19,311,633 | ProgramServicesAmt |
| Management And General | $3,792,525 | ManagementAndGeneralAmt |
| Fundraising | $162,869 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,389,610 | TotalAmt |
| Program Services | $4,473,377 | ProgramServicesAmt |
| Management And General | $878,506 | ManagementAndGeneralAmt |
| Fundraising | $37,727 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $22,572,115 | TotalAmt |
| Program Services | $18,734,855 | ProgramServicesAmt |
| Management And General | $3,679,255 | ManagementAndGeneralAmt |
| Fundraising | $158,005 | FundraisingAmt |
Royalties RoyaltiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $613,067 | TotalAmt |
| Program Services | $508,846 | ProgramServicesAmt |
| Management And General | $99,930 | ManagementAndGeneralAmt |
| Fundraising | $4,291 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,343,466 | TotalAmt |
| Program Services | $8,585,077 | ProgramServicesAmt |
| Management And General | $1,685,985 | ManagementAndGeneralAmt |
| Fundraising | $72,404 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,561,859 | TotalAmt |
| Program Services | $8,766,343 | ProgramServicesAmt |
| Management And General | $1,721,583 | ManagementAndGeneralAmt |
| Fundraising | $73,933 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $901,946 | TotalAmt |
| Program Services | $748,615 | ProgramServicesAmt |
| Management And General | $147,017 | ManagementAndGeneralAmt |
| Fundraising | $6,314 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,554,011 | TotalAmt |
| Program Services | $8,759,829 | ProgramServicesAmt |
| Management And General | $1,720,304 | ManagementAndGeneralAmt |
| Fundraising | $73,878 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $42,740,768 | TotalAmt |
| Program Services | $35,474,838 | ProgramServicesAmt |
| Management And General | $6,966,745 | ManagementAndGeneralAmt |
| Fundraising | $299,185 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,903,609 | TotalAmt |
| Program Services | $2,409,996 | ProgramServicesAmt |
| Management And General | $473,288 | ManagementAndGeneralAmt |
| Fundraising | $20,325 | FundraisingAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| Purchased Services | $56,990,048 | $47,301,740 | $9,289,378 | $398,930 |
| STUDENT FOOD SERVICES | $26,498,275 | $21,993,568 | $4,319,219 | $185,488 |
| NON CAPITAL EQUIPMENT | $18,831,973 | $15,630,537 | $3,069,612 | $131,824 |
| OTHER SUPPLIES | $14,612,438 | $12,128,324 | $2,381,827 | $102,287 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $33,824,778 | TotalAmt |
| Program Services | $28,074,565 | ProgramServicesAmt |
| Management And General | $5,513,439 | ManagementAndGeneralAmt |
| Fundraising | $236,774 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $877,282,413 | TotalAmt |
| Program Services | $760,115,740 | ProgramServicesAmt |
| Management And General | $112,679,894 | ManagementAndGeneralAmt |
| Fundraising | $4,486,779 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $41,310,788 | BOYAmt |
| EOY | $20,155,593 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $422,698,141 | BOYAmt |
| EOY | $154,549,612 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $72,826,698 | BOYAmt |
| EOY | $101,093,605 | EOYAmt |
Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $457,947 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,290,686 | BOYAmt |
| EOY | $2,399,512 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $140,697 | BOYAmt |
| EOY | $322,811 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $14,468,589 | BOYAmt |
| EOY | $14,115,548 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $1,454,957,384 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $304,492,180 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $947,064,035 | BOYAmt |
| EOY | $1,150,465,204 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $258,794,081 | BOYAmt |
| EOY | $389,387,764 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $495,675,078 | BOYAmt |
| EOY | $730,388,817 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,541,138 | BOYAmt |
| EOY | $5,440,129 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $860,567 | BOYAmt |
| EOY | $792,535 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,494,560 | BOYAmt |
| EOY | $1,990,610 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,265,165,058 | BOYAmt |
| EOY | $2,571,559,687 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $52,816,330 | BOYAmt |
| EOY | $70,103,244 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $151,337,067 | BOYAmt |
| EOY | $156,970,249 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $209,950,530 | BOYAmt |
| EOY | $207,769,474 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $36,318,474 | BOYAmt |
| EOY | $32,706,878 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $450,422,401 | BOYAmt |
| EOY | $467,549,845 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,798,655,900 | BOYAmt |
| EOY | $2,087,057,966 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,585,845 | BOYAmt |
| EOY | $3,338,088 | EOYAmt |
Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $13,500,912 | BOYAmt |
| EOY | $13,613,788 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,814,742,657 | BOYAmt |
| EOY | $2,104,009,842 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,265,165,058 | BOYAmt |
| EOY | $2,571,559,687 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $234,028,086 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $49,693,935 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $5,545,164 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consol And Sep Basis Fincl Stmt | Yes (X) | ConsolAndSepBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School | Yes (X) | SchoolInd |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule C IRS990ScheduleC
Total Direct Lobbying TotalDirectLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $61,525 | FilingOrganizationsTotalAmt |
Total Lobbying Expend TotalLobbyingExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $61,525 | FilingOrganizationsTotalAmt |
Other Exempt Purpose Expend OtherExemptPurposeExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $877,220,888 | FilingOrganizationsTotalAmt |
Total Exempt Purpose Expend TotalExemptPurposeExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $877,282,413 | FilingOrganizationsTotalAmt |
Lobbying Nontaxable Amount LobbyingNontaxableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $1,000,000 | FilingOrganizationsTotalAmt |
Grassroots Nontaxable GrassrootsNontaxableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $250,000 | FilingOrganizationsTotalAmt |
Tot Lbbyng Grassroot Mns Non Tx TotLbbyngGrassrootMnsNonTxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $0 | FilingOrganizationsTotalAmt |
Tot Lbby Expend Mns Lbbyng Non Tx TotLbbyExpendMnsLbbyngNonTxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $0 | FilingOrganizationsTotalAmt |
Avg Lobbying Nontaxable Amount AvgLobbyingNontaxableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | $1,000,000 | CurrentYearMinus3Amt |
| Current Year Minus2 | $1,000,000 | CurrentYearMinus2Amt |
| Current Year Minus1 | $1,000,000 | CurrentYearMinus1Amt |
| Current Year | $1,000,000 | CurrentYearAmt |
| Total | $4,000,000 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Lobbying Ceiling | $6,000,000 | LobbyingCeilingAmt |
Avg Total Lobbying Expend AvgTotalLobbyingExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | $42,398 | CurrentYearMinus3Amt |
| Current Year Minus2 | $27,801 | CurrentYearMinus2Amt |
| Current Year Minus1 | $80,303 | CurrentYearMinus1Amt |
| Current Year | $61,525 | CurrentYearAmt |
| Total | $212,027 | TotalAmt |
Avg Grassroots Nontaxable AvgGrassrootsNontaxableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | $250,000 | CurrentYearMinus3Amt |
| Current Year Minus2 | $250,000 | CurrentYearMinus2Amt |
| Current Year Minus1 | $250,000 | CurrentYearMinus1Amt |
| Current Year | $250,000 | CurrentYearAmt |
| Total | $1,000,000 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grassroots Ceiling | $1,500,000 | GrassrootsCeilingAmt |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collection Used Pub Exhibition | Yes (X) | CollectionUsedPubExhibitionInd |
Collection Used Other Purposes CollectionUsedOtherPurposesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collection Used Other Purposes | Yes (X) | CollectionUsedOtherPurposesInd |
| Other Purposes | displayed in various buildings | OtherPurposesDesc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Solicited Assets Sale | 0 | SolicitedAssetsSaleInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $1,082,996,068 | BeginningYearBalanceAmt |
| Contributions | $198,368,872 | ContributionsAmt |
| Investment Earnings Or Losses | $74,241,805 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $1,638 | GrantsOrScholarshipsAmt |
| Other Expenditures | $64,902,259 | OtherExpendituresAmt |
| End Year Balance | $1,290,702,848 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $1,054,487,114 | BeginningYearBalanceAmt |
| Contributions | $55,364,445 | ContributionsAmt |
| Investment Earnings Or Losses | -$26,805,224 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $50,267 | GrantsOrScholarshipsAmt |
| End Year Balance | $1,082,996,068 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $126,421,721 | BeginningYearBalanceAmt |
| Contributions | $925,685,737 | ContributionsAmt |
| Investment Earnings Or Losses | $2,489,259 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $109,603 | GrantsOrScholarshipsAmt |
| End Year Balance | $1,054,487,114 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $101,837,308 | BeginningYearBalanceAmt |
| Contributions | $20,983,893 | ContributionsAmt |
| Investment Earnings Or Losses | $3,605,535 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $5,015 | GrantsOrScholarshipsAmt |
| End Year Balance | $126,421,721 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $58,646,614 | BeginningYearBalanceAmt |
| Contributions | $41,270,965 | ContributionsAmt |
| Investment Earnings Or Losses | $1,959,400 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $39,671 | GrantsOrScholarshipsAmt |
| End Year Balance | $101,837,308 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.98890 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.01050 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.00060 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $100,979,873 | OtherCostOrOtherBasisAmt |
| Book Value | $100,979,873 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $854,748,128 | OtherCostOrOtherBasisAmt |
| Depreciation | $142,066,284 | DepreciationAmt |
| Book Value | $712,681,844 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $218,544,603 | OtherCostOrOtherBasisAmt |
| Depreciation | $141,108,356 | DepreciationAmt |
| Book Value | $77,436,247 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $280,684,780 | OtherCostOrOtherBasisAmt |
| Depreciation | $21,317,540 | DepreciationAmt |
| Book Value | $259,367,240 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $1,150,465,204 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp (5 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| Long/short equity funds | $444,460,127 | F |
| Other asset backed securities | $4,628,398 | F |
| term loans | $224,570,990 | F |
| Master LP | $13,693,483 | F |
| Joint Venture | $43,035,819 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $730,388,817 | TotalBookValueSecuritiesAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)
| DescDesc | AmtAmt |
|---|---|
| GIFT ANNUITIES PAYABLE | $31,093,447 |
| LIABILITY UNDER SPLIT INTEREST AGREEMENTS | $1,634,476 |
| Due to Freedom Aviation from C&C Aviation | -$21,045 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $32,706,878 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $961,294,724 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $49,693,935 | NetUnrealizedGainsInvstAmt |
| Donated Services And Use Fclts | $613,350 | DonatedServicesAndUseFcltsAmt |
| Other Revenue | $25,354,284 | OtherRevenueAmt |
| Revenue Not Reported | $75,661,569 | RevenueNotReportedAmt |
| Revenue Subtotal | $885,633,155 | RevenueSubtotalAmt |
| Other Revenues Not Included | $225,677,344 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $225,677,344 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $1,111,310,499 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $672,027,537 | TotExpnsEtcAuditedFinclStmtAmt |
| Donated Services Use Fclts | $613,350 | DonatedServicesUseFcltsAmt |
| Other Expenses Included | $19,809,118 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $20,422,468 | ExpensesNotReportedAmt |
| Expenses Subtotal | $651,605,069 | ExpensesSubtotalAmt |
| Other Expenses Not Included | $225,677,344 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $225,677,344 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $877,282,413 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (8 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part III, Line 1a: | Liberty University has a collection of several animal trophies donated by a local resident. The Audited Financial Statements of the fiscal year ending June 30, 2017 of Liberty University do not contain a footnote describing this collection because it was donated several years ago. However, a footnote within the AFS does describe the accounting policy of Liberty University in accounting for contributions of works of art, historical treasures, and other similar items: "Contributions of works of art, historical treasures and similar assets held as part of collections are not recognized or capitalized." During FYE 2017 various art pieces were donated and put on display in the 3rd floor ballroom of the Montview Student Union. |
| Part III, Line 4: | Liberty University has a collection of several animal trophies donated by a local resident. The animal trophies are displayed within the University's facilities for the education and enjoyment of students and visitors. During FYE 2017 various art pieces were donated and put on display in the 3rd floor ballroom of the Montview Student Union. There is no admission charge for viewing the collection and Liberty University does not advertise that the collection is open to the general public. |
| Part V, Line 4: | UNIVERSITY INTENDS TO MAXIMIZE THE TOTAL RETURN ON ITS RETURN ON ENDOWMENT FUNDS, AND, AS SPECIFIED IN THE UNDERLYING AGREEMENTS, IT USES THE SPENDABLE PORTION FOR PURPOSES OF THE FOLLOWING: AWARDING SCHOLARSHIPS AND GRANTS TO STUDENTS; UNIVERSITY OPERATING EXPENSES; AND CHRISTIAN MINISTRY OUTREACH. |
| Part X, Line 2: | The Internal Revenue Service has ruled that the University qualifies under Section 501(c)(3) of the Internal Revenue Code and is, therefore, not generally subject to income taxes under present tax laws. Management believes that any income tax liability resulting from unrelated business income for the years ended June 30, 2017 and 2016 would not have a significant impact on the University's results of activities. Certain subsidiaries of the University are taxed as seperate entities. |
| Part XI, Line 2d - Other Adjustments: | Change in split interest agreement 5,545,168. REVENUE FROM SUBSIDIARIES NOT INCLUDED IN THIS RETURN 16,139,519. EXPENSE FROM NET RENTAL INCOME 3,615,350. Fundraising Direct Expenses 54,247. |
| Part XI, Line 4b - Other Adjustments: | INSTITUTIONAL SCHOLARSHIPS 220,879,707. Financial Aid & Discounts 4,797,637. |
| Part XII, Line 2d - Other Adjustments: | EXPENSE FROM SUBSIDIARIES NOT INCLUDED IN THIS RETURN 16,139,521. EXPENSE FROM NET RENTAL INCOME 3,615,350. Fundraising Direct Expenses 54,247. |
| Part XII, Line 4b - Other Adjustments: | INSTITUTIONAL SCHOLARSHIPS 220,879,707. Financial Aid & Discounts 4,797,637. |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | Yes (1) | NondiscriminatoryPolicyStmtInd |
| Policy Stmt In Brochures Etc | Yes (1) | PolicyStmtInBrochuresEtcInd |
| Plcy Pblczd Via Broadcast Media | Yes (1) | PlcyPblczdViaBroadcastMediaInd |
| Maintain Racial Comp Recs | Yes (1) | MaintainRacialCompRecsInd |
| Maintain Scholarships Recs | Yes (1) | MaintainScholarshipsRecsInd |
| Maintain Cpy Of Brochures Etc | Yes (1) | MaintainCpyOfBrochuresEtcInd |
| Maintain Cpy Of All Sol | Yes (1) | MaintainCpyOfAllSolInd |
| Discriminate Race Stdnts Rghts | 0 | DiscriminateRaceStdntsRghtsInd |
| Discriminate Race Admiss Plcy | 0 | DiscriminateRaceAdmissPlcyInd |
| Discriminate Race Emplm Fculty | 0 | DiscriminateRaceEmplmFcultyInd |
| Discriminate Race Schs | 0 | DiscriminateRaceSchsInd |
| Discriminate Race Educ Plcy | 0 | DiscriminateRaceEducPlcyInd |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFcltsInd |
| Discriminate Race Athlt Prog | 0 | DiscriminateRaceAthltProgInd |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActyInd |
| Government Financial Aid Rcvd | Yes (1) | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | 0 | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (1) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule E, Part I, Line 3 | LIBERTY UNIVERSITY DRAWS A SUBSTANTIAL PERCENTAGE OF ITS STUDENTS NATIONWIDE, AND FOLLOWS A RACIALLY NON-DISCRIMINATORY POLICY AS TO STUDENTS. THIS POLICY IS ONLINE AND IN ALL THE BROCHURES AND CATALOGS DEALING WITH ADMISSION AND SCHOLARSHIPS. |
| Schedule E, Part I, Line 6 | LIBERTY UNIVERSITY PROCESSES AND DISTRIBUTES FEDERAL AND STATE FINANCIAL AID IN THE FORM OF GRANTS, LOANS, AND SCHOLARSHIPS TO STUDENTS TO HELP WITH EDUCATION-RELATED EXPENSES. SUCH STUDENT FINANCIAL AID IS AWARDED ON THE BASIS OF FINANCIAL NEED BASED ON PRESCRIBED GOVERNMENTAL FORMULAS. |
Schedule F IRS990ScheduleF
Account Activities Outside US AccountActivitiesOutsideUSGrp (10 entries)
| RegionRegionTxt | OfficesOfficesCnt | EmployeeEmployeeCnt | Type Of Activities ConductedTypeOfActivitiesConductedTxt | Specific Services ProvidedSpecificServicesProvidedTxt | Region Total ExpendituresRegionTotalExpendituresAmt |
|---|---|---|---|---|---|
| Europe (Including Iceland & Greenland) - | 0 | 3 | PROGRAM SERVICES | EMPLOYMENT OF INSTRUCTORS SERVING DISTANCE LEARNING STUDENTS. | $31,080 |
| North America - Canada and Mexico | 0 | 2 | PROGRAM SERVICES | EMPLOYMENT OF INSTRUCTORS SERVING DISTANCE LEARNING STUDENTS. | $42,200 |
| Middle East and North Africa - | 0 | 2 | PROGRAM SERVICES | EMPLOYMENT OF INSTRUCTORS SERVING DISTANCE LEARNING STUDENTS. | $34,780 |
| Central America and the Caribbean - Antigua & Barbuda, Aruba, Bahamas, | 0 | 0 | Investments | $47,491,862 | |
| Central America and the Caribbean | 0 | 0 | program services | mission trips & study abroad | $35,532 |
| Europe (Including Iceland & Greenland) | 0 | 0 | program services | mission trips & study abroad | $171,778 |
| Middle East and North Africa | 0 | 0 | program services | mission trips & study abroad | $46,944 |
| Russia and Neighboring States | 0 | 0 | program services | mission trips & study abroad | $611 |
| South Asia | 0 | 0 | program services | mission trips & study abroad | $1,434 |
| Sub-Saharan Africa | 0 | 0 | program services | mission trips & study abroad | $119,184 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 0 | SubtotalOfficesCnt |
| Subtotal Employees | 7 | SubtotalEmployeesCnt |
| Continutation Total Office | 0 | ContinutationTotalOfficeCnt |
| Continutation Total Employee | 0 | ContinutationTotalEmployeeCnt |
| Total Office | 0 | TotalOfficeCnt |
| Total Employee | 7 | TotalEmployeeCnt |
| Subtotal Spent | $47,854,787 | SubtotalSpentAmt |
| Continuation Spent | $120,618 | ContinuationSpentAmt |
| Total Spent | $47,975,405 | TotalSpentAmt |
| Transfer To Foreign Corp | Yes (1) | TransferToForeignCorpInd |
| Interest In Foreign Trust | 0 | InterestInForeignTrustInd |
| Foreign Corp Ownership | Yes (1) | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | Yes (1) | PassiveForeignInvestmestCoInd |
| Foreign Partnership | Yes (1) | ForeignPartnershipInd |
| Boycott Countries | 0 | BoycottCountriesInd |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | Sports management golf tournament | Event1Nm |
| Gross Receipts Event1 | $51,219 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $43,690 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $7,529 | GrossRevenueEvent1Amt |
| Non Cash Prizes Event1 | $1,921 | NonCashPrizesEvent1Amt |
| Rent Facility Costs Event1 | $3,696 | RentFacilityCostsEvent1Amt |
| Food And Beverage Event1 | $192 | FoodAndBeverageEvent1Amt |
| Event2 | Golf Tournament | Event2Nm |
| Gross Receipts Event2 | $42,115 | GrossReceiptsEvent2Amt |
| Gross Revenue Event2 | $42,115 | GrossRevenueEvent2Amt |
| Non Cash Prizes Event2 | $19,675 | NonCashPrizesEvent2Amt |
| Rent Facility Costs Event2 | $7,168 | RentFacilityCostsEvent2Amt |
| Food And Beverage Event2 | $1,885 | FoodAndBeverageEvent2Amt |
| Other Direct Expenses Event2 | $890 | OtherDirectExpensesEvent2Amt |
| Other Events Total | 2 | OtherEventsTotalCnt |
| Gross Receipts Other Events | $47,634 | GrossReceiptsOtherEventsAmt |
| Charitable Contri Other Events | $29,451 | CharitableContriOtherEventsAmt |
| Gross Revenue Other Events | $18,183 | GrossRevenueOtherEventsAmt |
| Cash Prizes Other Events | $771 | CashPrizesOtherEventsAmt |
| Food And Beverage Other Events | $6,914 | FoodAndBeverageOtherEventsAmt |
| Entertainment Other Events | $5,000 | EntertainmentOtherEventsAmt |
| Oth Direct Expnss Other Events | $6,134 | OthDirectExpnssOtherEventsAmt |
| Gross Receipts Total | $140,968 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $73,141 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $67,827 | GrossRevenueTotalEventsAmt |
| Cash Prizes Total Events | $771 | CashPrizesTotalEventsAmt |
| Non Cash Prizes Total Events | $21,596 | NonCashPrizesTotalEventsAmt |
| Rent Fclty Costs Total Events | $10,864 | RentFcltyCostsTotalEventsAmt |
| Food And Beverage Total Events | $8,991 | FoodAndBeverageTotalEventsAmt |
| Entertainment Total Events | $5,000 | EntertainmentTotalEventsAmt |
| Oth Direct Expnss Total Events | $7,024 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $54,246 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | $13,581 | NetIncomeSummaryAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (6 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Purpose Of GrantPurposeOfGrantTxt |
|---|---|---|---|---|---|---|---|
| LIBERTY UNIVERSITY FOUNDATION | |||||||
| 1971 UNIVERSITY BLVD | LYNCHBURG | VA | 24515 | 541939910 | 501(C)(3) | $893,883 | Supportive Christian Non-Profit Organization |
| Academy Center of the Arts | |||||||
| 600 Main Street | LYNCHBURG | VA | 24504 | 237061145 | 501(C)(3) | $500,000 | Donation |
| Gleaning for the World | |||||||
| PO Box 645 | Lumberton | NC | 24538 | 541930105 | 501(C)(3) | $12,785 | Global Missions |
| Tim Lee Ministries | |||||||
| PO Box 461674 | Garland | TX | 75046 | 731268199 | 501(C)(3) | $5,000 | General Donation |
| University of Georgia Foundation | |||||||
| 394 S Milledge Ave | Athens | GA | 30605 | 586033837 | 501(C)(3) | $10,000 | Donation for botanical garden |
| Central VA Foundation for Economic Education & Improvement | |||||||
| 2015 Memorial Ave | LyNCHBURG | VA | 24501 | 541255814 | 501(C)(3) | $100,000 | Donation to building fund |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 6 | Total501c3OrgCnt |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (3 entries)
| Grant TypeGrantTypeTxt | RecipientRecipientCnt | Cash GrantCashGrantAmt | Valuation Method UsedValuationMethodUsedDesc | Non Cash AssistanceNonCashAssistanceDesc |
|---|---|---|---|---|
| SCHOLARSHIPS | 85206 | $220,879,707 | Book | N/A |
| missionary assistance | 45 | $147,323 | book | n/a |
| Benevolence | 3 | $24,800 | Book | N/A |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part I, Line 2: | FormAndLineReferenceDesc |
| Explanation | DONATIONS ARE MADE TO NONPROFIT ORGANIZATIONS WHOSE PURPOSES ARE CONSISTENT WITH THE RELIGIOUS AND EDUCATIONAL PURPOSES OF LIBERTY UNIVERSITY. LIBERTY UNIVERSITY MAINTAINS CONTACT WITH ORGANIZATIONS TO ENSURE THE USE OF THE FUNDS ARE APPROPRIATE. Government Funded SCHOLARSHIPS FOR STUDENTS ARE MADE BASED ON FINANCIAL NEED AS PRESCRIBED BY FEDERAL AND STATE REGULATIONS. PRIVATE AND INSTITUTION FUNDED SCHOLARSHIPS ARE AWARDED BASED ON PROGRAM CRITERIA, WHICH INCLUDED SCHOLASTIC MERIT, ATHLETIC EXCELLENCE, ARTISTIC PERFORMANCE, FINANCIAL NEED, HIGH SCHOOL ATTENDED, and FIELD WORKED. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| First Class Or Charter Travel | Yes (X) | FirstClassOrCharterTravelInd |
| Travel For Companions | Yes (X) | TravelForCompanionsInd |
| Written Policy Ref T And E Expnss | Yes (1) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (23 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Mr Jerry Falwell | ||||||||||||||
| CHANCELLOR/President | $953,503 | $0 | $0 | $0 | $6,299 | $0 | $27,000 | $0 | $31,725 | $0 | $1,018,527 | $0 | $0 | $0 |
| David Corry | ||||||||||||||
| General Counsel/Secretary | $240,879 | $0 | $0 | $0 | $125 | $0 | $11,903 | $0 | $22,936 | $0 | $275,843 | $0 | $0 | $0 |
| Ron Hawkins | ||||||||||||||
| Provost & Chief Academic Officer | $257,399 | $0 | $0 | $0 | $125 | $0 | $12,503 | $0 | $20,442 | $0 | $290,469 | $0 | $0 | $0 |
| Don Moon | ||||||||||||||
| CFO/VP of Investment Mgmt | $251,645 | $0 | $0 | $0 | $125 | $0 | $12,303 | $0 | $16,385 | $0 | $280,458 | $0 | $0 | $0 |
| Randall Smith | ||||||||||||||
| EVP & COO | $365,466 | $0 | $0 | $0 | $125 | $0 | $15,278 | $0 | $22,027 | $0 | $402,896 | $0 | $0 | $0 |
| Dr Ben Gutierrez | ||||||||||||||
| Co-Provost & VP for Academic Affairs | $198,973 | $0 | $0 | $0 | $125 | $0 | $7,526 | $0 | $12,112 | $0 | $218,736 | $0 | $0 | $0 |
| Jeff Barber | ||||||||||||||
| Director of Athletics | $281,166 | $0 | $0 | $0 | $50,728 | $0 | $15,906 | $0 | $23,018 | $0 | $370,818 | $0 | $0 | $0 |
| Samuel Beaumont | ||||||||||||||
| Senior VP of Auxiliary Service | $208,659 | $0 | $0 | $0 | $125 | $0 | $10,253 | $0 | $19,715 | $0 | $238,752 | $0 | $0 | $0 |
| Lawrence Hine | ||||||||||||||
| Senior VP of Student Affairs | $179,628 | $0 | $0 | $0 | $125 | $0 | $8,852 | $0 | $20,718 | $0 | $209,323 | $0 | $0 | $0 |
| Chris Johnson | ||||||||||||||
| Executive VP for Resident Enrollment | $246,064 | $0 | $0 | $0 | $30,824 | $0 | $12,503 | $0 | $22,536 | $0 | $311,927 | $0 | $0 | $0 |
| Ronald Kennedy | ||||||||||||||
| Executive VP of Online Enrollment | $244,762 | $0 | $0 | $0 | $125 | $0 | $12,003 | $0 | $22,657 | $0 | $279,547 | $0 | $0 | $0 |
| David Nasser | ||||||||||||||
| Sr. VP for Spiritual Development | $349,286 | $0 | $0 | $0 | $125 | $0 | $17,004 | $0 | $12,438 | $0 | $378,853 | $0 | $0 | $0 |
| Charles Spence | ||||||||||||||
| SR. VP OF CAMPUS FACILITIES & TRANSP | $238,582 | $0 | $0 | $0 | $125 | $0 | $11,253 | $0 | $20,358 | $0 | $270,318 | $0 | $0 | $0 |
| Laura Wallace | ||||||||||||||
| Executive VP of Human Resources | $289,435 | $0 | $0 | $0 | $125 | $0 | $14,091 | $0 | $16,941 | $0 | $320,592 | $0 | $0 | $0 |
| Robert Ritz | ||||||||||||||
| Sr. VP for University Financial serv | $224,904 | $0 | $0 | $0 | $0 | $0 | $10,162 | $0 | $22,702 | $0 | $257,768 | $0 | $0 | $0 |
| Alan Askew | ||||||||||||||
| VP of Major Construction | $193,764 | $0 | $0 | $0 | $0 | $0 | $8,283 | $0 | $20,678 | $0 | $222,725 | $0 | $0 | $0 |
| John Gauger | ||||||||||||||
| CIO & VP of Analytics | $180,843 | $0 | $0 | $0 | $0 | $0 | $8,920 | $0 | $22,064 | $0 | $211,827 | $0 | $0 | $0 |
| Turner Gill | ||||||||||||||
| Head Coach - Football | $882,899 | $0 | $0 | $0 | $10,320 | $0 | $21,667 | $0 | $32,395 | $0 | $947,281 | $0 | $0 | $0 |
| Ronnie Martin | ||||||||||||||
| Dean College of Osteopathic medicine | $347,090 | $0 | $0 | $0 | $0 | $0 | $12,250 | $0 | $20,915 | $0 | $380,255 | $0 | $0 | $0 |
| Ritchie McKay | ||||||||||||||
| Head Coach, Men's Basketball | $570,311 | $0 | $0 | $0 | $21,045 | $0 | $24,000 | $0 | $28,345 | $0 | $643,701 | $0 | $0 | $0 |
| Carey Green | ||||||||||||||
| Head Coach, Women's Basketball | $267,079 | $0 | $0 | $0 | $0 | $0 | $11,343 | $0 | $20,776 | $0 | $299,198 | $0 | $0 | $0 |
| Brian Faulkner | ||||||||||||||
| Dean School of Law | $264,911 | $0 | $0 | $0 | $0 | $0 | $12,753 | $0 | $23,492 | $0 | $301,156 | $0 | $0 | $0 |
| Dale Layer | ||||||||||||||
| Former highly compensated employee | $286,763 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $286,763 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part I, Line 1a | TYPE OF BENEFIT: FIRST-CLASS OR CHARTER TRAVEL LISTED PERSON WHO RECEIVED THE BENEFIT: PRESIDENT OF LIBERTY UNIVERSITY WAS THE BENEFIT TREATED AS TAXABLE TO LISTED PERSON? FOR BUSINESS TRAVEL THE AMOUNT IS NEITHER REIMBURSED NOR IS TAXABLE; FOR PERSONAL TRAVEL, LIBERTY UNIVERSITY IS REIMBURSED SO AMOUNT IS NOT TAXABLE TYPE OF BENEFIT: TRAVEL FOR COMPANIONS LISTED PERSON WHO RECEIVED THE BENEFIT: PRESIDENT OF LIBERTY UNIVERSITY WAS THE BENEFIT TREATED AS TAXABLE TO LISTED PERSON? FOR PERSONAL TRAVEL, LIBERTY UNIVERSITY IS REIMBURSED SO AMOUNT IS NOT TAXABLE |
| Part I, Line 3 | COMPENSATION OF THE CHANCELLOR/President AND OTHER Officers and key employees ARE REVIEWED annually BY THE EXECUTIVE COMMITTEE. COMPARABLE SALARY DATA IS REVIEWED WHEN SALARIES ARE SET AND ADJUSTED TO DETERMINE THE REASONABLENESS OF THE COMPENSATION. COMPENSATION IS FURTHER REVIEWED DURING THE BUDGETING PROCESS. |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | VIRGINIA COLLEGE BUILDING AUTHORITY | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Issuer EIN | 541249154 | BondIssuerEIN |
| CUSIP | 927781WR1 | CUSIPNum |
| Bond Issued | 2010-12-21 | BondIssuedDt |
| Issue Price | $121,891,446 | IssuePriceAmt |
| Purpose | Refinance debt, educational related new construction | PurposeDesc |
| Defeased | 0 | DefeasedInd |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuerInd |
| Pool Financing | 0 | PoolFinancingInd |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Retired | $23,880,025 | RetiredAmt |
| Total Proceeds | $121,891,446 | TotalProceedsAmt |
| Issuance Costs From Proceeds | $1,074,238 | IssuanceCostsFromProceedsAmt |
| Capital Expenditures | $76,341,830 | CapitalExpendituresAmt |
| Other Spent Proceeds | $20,595,353 | OtherSpentProceedsAmt |
| Substantial Completion | 2013 | SubstantialCompletionYr |
| Current Refunding | Yes (1) | CurrentRefundingInd |
| Advance Refunding | 0 | AdvanceRefundingInd |
| Final Allocation Made | 0 | FinalAllocationMadeInd |
| Adequate Books And Rec Maint | Yes (1) | AdequateBooksAndRecMaintInd |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Owning Bond Financed Property | 0 | OwningBondFinancedPropertyInd |
| Any Lease Arrangements | 0 | AnyLeaseArrangementsInd |
| Mgmt Contract Bond Fincd Prop | Yes (1) | MgmtContractBondFincdPropInd |
| Engage Bond Counsel Contracts | Yes (1) | EngageBondCounselContractsInd |
| Any Research Agreements | 0 | AnyResearchAgreementsInd |
| Private Bus Use By Others | 0.00650 | PrivateBusUseByOthersPct |
| Private Bus Concerning UBI | 0.02330 | PrivateBusConcerningUBIPct |
| Total Private Business Use | 0.02980 | TotalPrivateBusinessUsePct |
| Bond Iss Meet Prvt Sec Pymt Test | Yes (1) | BondIssMeetPrvtSecPymtTestInd |
| Change In Use Bond Financed Prop | 0 | ChangeInUseBondFinancedPropInd |
| Procs Nonqualified Bond Remdtd | Yes (1) | ProcsNonqualifiedBondRemdtdInd |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Form8038 T Filed | Yes (1) | Form8038TFiledInd |
| Variable Rate Issue | 0 | VariableRateIssueInd |
| Hedge Identified In Bks And Rec | 0 | HedgeIdentifiedInBksAndRecInd |
| Gross Proceeds Invested In GIC | 0 | GrossProceedsInvestedInGICInd |
| Gross Proceeds Invested | 0 | GrossProceedsInvestedInd |
| Written Proc To Monitor Reqs | Yes (1) | WrittenProcToMonitorReqsInd |
Procedures Corrective Action ProceduresCorrectiveActionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Procedures Corrective Action | Yes (1) | ProceduresCorrectiveActionInd |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part I Column F: | Refinance debt: 44,476,507 |
| Part I Column F: | Construct educationally related facilities: 76,341,830 |
Schedule L IRS990ScheduleL
Loans Btwn Org Interested Prsn LoansBtwnOrgInterestedPrsnGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | substantial contributor | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationship With Org | Substantial Contributor | RelationshipWithOrgTxt |
| Loan Purpose | Construction management agent for LU projects | LoanPurposeTxt |
| Loan From Organization | Yes (X) | LoanFromOrganizationInd |
| Original Principal | $750,000 | OriginalPrincipalAmt |
| Balance Due | $457,947 | BalanceDueAmt |
| Default | 0 | DefaultInd |
| Board Or Committee Approval | 0 | BoardOrCommitteeApprovalInd |
| Written Agreement | Yes (1) | WrittenAgreementInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Balance Due | $457,947 | TotalBalanceDueAmt |
Grnt Asst Bnft Interested Prsn GrntAsstBnftInterestedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash Grant | $424,825 | CashGrantAmt |
| Type Of Assistance | Grants to Dependents of Board Members, officers, & key employees | TypeOfAssistanceTxt |
| Assistance Purpose | education benefits for dependents of employees | AssistancePurposeTxt |
Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp (30 entries)
| Relationship DescriptionRelationshipDescriptionTxt | TransactionTransactionAmt | TransactionTransactionDesc | Sharing Of RevenuesSharingOfRevenuesInd |
|---|---|---|---|
| Thomas road baptist church | |||
| related party | $22,000,000 | Liberty University purchased school buildings and land from Thomas Road Ba | 0 |
| Bernie Beckles | |||
| Wife OF BOARD MEMBER | $18,494 | Compensation | 0 |
| Laura Falwell | |||
| Daughter in law of board member and Officer | $56,915 | compensation | 0 |
| jennifer kennedy | |||
| wife of a key employee | $51,887 | compensation | 0 |
| Brandon Elrod | |||
| son in law of key employee | $39,341 | compensation | 0 |
| Sarah Falwell | |||
| Daughter in law of board member and Officer | $56,840 | compensation | 0 |
| JF Management | |||
| owned by son of BOARD MEMBER and officer | $50,117 | compensation | 0 |
| wesley falwell | |||
| son of BOARD MEMBER and officer | $51,463 | compensation | 0 |
| Jessica Smith | |||
| Daughter of a Key Employee | $23,986 | compensation | 0 |
| Jerry Falwell III | |||
| son of BOARD MEMBER and officer | $119,113 | compensation | 0 |
| Jonathan Wallace | |||
| Son of a key employee | $79,166 | compensation | 0 |
| joshua spence | |||
| Son of a key employee | $42,638 | compensation | 0 |
| kathleen spence | |||
| Wife of a key employee | $54,466 | compensation | 0 |
| Nastaran Morgan | |||
| Sister of a key employee | $44,774 | compensation | 0 |
| Ryan D Rush | |||
| Son in law OF BOARD MEMBER | $34,556 | compensation | 0 |
| Scott Hawkins | |||
| Son of an officer | $208,681 | compensation | 0 |
| Tammy Gutierrez | |||
| Wife of an officer | $81,060 | compensation | 0 |
| Vincent Tickle | |||
| Son in law OF BOARD MEMBER | $77,498 | compensation | 0 |
| Virginia Dow | |||
| Sister in Law of a key employee | $97,157 | compensation | 0 |
| Donna Barber | |||
| Wife of key employee | $10,092 | compensation | 0 |
| Dr Elmer Towns | |||
| Co-founder | $122,257 | compensation | 0 |
| Redfinch Solutions | |||
| Business owned by key employee | $123,950 | Payment paid for services; rent received | 0 |
| substantial contributor | |||
| substantial contributor | $114,833 | payment for equipment and software renewal | 0 |
| substantial contributor | |||
| substantial contributor | $196,059 | payment for equipment | 0 |
| substantial contributor | |||
| substantial contributor | $504,849 | payments for fuel, payments received for advertising | 0 |
| substantial contributor | |||
| substantial contributor | $25,003,223 | payment for construction services, payment received for suite rental and ad | 0 |
| substantial contributor | |||
| substantial contributor | $4,742,601 | payment for investment management services | 0 |
| substantial contributor | |||
| substantial contributor | $145,038,503 | payment for construction services, payment received for rent & interest | 0 |
| substantial contributor | |||
| substantial contributor | $105,698 | payment for heating and air installation and service, payments received for | 0 |
| substantial contributor | |||
| substantial contributor | $44,892 | payment for rent & payments received for advertising | 0 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule L, Part IV, Business Transactions Involving Interested Persons | FormAndLineReferenceDesc |
| Explanation | The compensation amounts also include benefits. | ExplanationTxt |
Schedule M IRS990ScheduleM
Boats And Planes BoatsAndPlanesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 2 | ContributionCnt |
| Noncash Contributions Rpt F990 | $39,112 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FAIR MARKET VALUE | MethodOfDeterminingRevenuesTxt |
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 3 | ContributionCnt |
| Noncash Contributions Rpt F990 | $30,614 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FAIR MARKET VALUE | MethodOfDeterminingRevenuesTxt |
Other Non Cash Contri Table OtherNonCashContriTableGrp (4 entries)
| Non Cash CheckboxNonCashCheckboxInd | DescDesc | ContributionContributionCnt | Noncash Contributions Rpt F990NoncashContributionsRptF990Amt | Method Of Determining RevenuesMethodOfDeterminingRevenuesTxt |
|---|---|---|---|---|
| Yes (X) | Horses | 7 | $239,500 | FAIR MARKET VALUE |
| Yes (X) | Video Equipment | 1 | $8,596 | FAIR MARKET VALUE |
| Yes (X) | Oriental Rug | 1 | $4,700 | FAIR MARKET VALUE |
| Yes (X) | Christmas Decorations | 1 | $2,125 | FAIR MARKET VALUE |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (1) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | 0 | ThirdPartiesUsedInd |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, Part VI, Section A, line 2 | MR. JERRY FALWELL, JR. AND MR. JONATHAN FALWELL CURRENTLY SIT ON THE BOARD OF TRUSTEES AND ARE BROTHERS. Mr. Jeffrey F. Benson and Mrs. Gaye Overton Benson currently sit on the board of trustees and are husband and wife. |
| Form 990, Part VI, Section B, line 11b | The form 990 for FY June 30, 2017 was provided before filing to the Chancellor/President, In-house Legal Counsel, Chief Financial officer, director of accounting and the executive committee of the board (which is the governing body of the organization between board meetings) for review. |
| Form 990, Part VI, Section B, line 12c | The CFO collects annual conflict of interest questionnaires and, pursuant to the bylaws, brings any disclosed conflicts of interest to the audit committee. If a conflict of interest arises it is handled on a case by case basis where legal counsel, the Chairman of the Board of Trustees and the President of the University decide on the most appropriate course of action. Recusal from any deliberations and vote concerning matters impacted by the conflict would be the typical solution. |
| Form 990, Part VI, Section B, line 15 | COMPENSATION OF THE CHANCELLOR/President AND OTHER Officers and key employees ARE REVIEWED annually BY THE EXECUTIVE COMMITTEE. COMPARABLE SALARY DATA IS REVIEWED WHEN SALARIES ARE SET AND ADJUSTED TO DETERMINE THE REASONABLENESS OF THE COMPENSATION. COMPENSATION IS FURTHER REVIEWED DURING THE BUDGETING PROCESS. |
| Form 990, Part VI, Section C, line 19 | GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. |
| Form 990, Part XI, line 9: | CHANGE IN SPLIT INTEREST AGREEMENT 5,545,164. |
| Form 990, Part XII, Line 2c: | The organization did not change its oversight process or selection process during the tax year. |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp (20 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Total IncomeTotalIncomeAmt | End Of Year AssetsEndOfYearAssetsAmt | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt |
|---|---|---|---|---|---|---|---|---|---|
| C&C Jetting LLC | |||||||||
| 1971 UNIVERSITY BLVD | LYNCHBURG | VA | 24515 | 540946734 | AIRFARE FOR UNIVERSITY AFFAIRS | VA | -$2,140,396 | $8,774,419 | LIBERTY UNIVERSITY INC |
| Ivy Hill Recreation LLC | |||||||||
| 1971 UNIVERSITY BLVD | lYNCHBURG | VA | 24515 | 460903360 | RecrEATION | VA | -$34,407 | $2,762,352 | lIBERTY UNIVERSITY INC |
| LIBERTY MOUNTAIN CONFERENCE CENTER LLC | |||||||||
| 1971 UNIVERSITY BLVD | LYNCHBURG | VA | 24515 | 275427434 | CENTER FOR EDUCATIONAL CONFERENCES | VA | -$13,674 | $285,496 | LIBERTY UNIVERSITY INC |
| LIBERTY RIDGE LLC | |||||||||
| 1971 UNIVERSITY BLVD | LYNCHBURG | VA | 24515 | 270714028 | REAL ESTATE HOLDINGS | VA | $247,338 | $9,907,349 | LIBERTY UNIVERSITY INC |
| LU CANDLERS STATION HOLDINGSLLC | |||||||||
| 1971 UNIVERSITY BLVD | LYNCHBURG | VA | 24515 | 271753489 | REAL ESTATE HOLDINGS | VA | $831,216 | $25,073,532 | LIBERTY UNIVERSITY INC |
| LU PLAZA HOLDINGSLLC | |||||||||
| 1971 UNIVERSITY BLVD | LYNCHBURG | VA | 24515 | 270217985 | REAL ESTATE HOLDINGS | VA | $603,512 | $25,750,042 | LIBERTY UNIVERSITY INC |
| Morning Star Broadcasting LLC | |||||||||
| 1971 UNIVERSITY BLVD | lYNCHBURG | VA | 24515 | 463731118 | television broadcasting | VA | $22,861,940 | $24,673,064 | liBERTY UNIVERSITY INC |
| crossroads investments llc | |||||||||
| 1971 UNIVERSITY BLVD | lYNCHBURG | VA | 24515 | 473991939 | real ESTATE HOLDINGS | VA | $2,183 | $349,209 | lIBERTY UNIVERSITY INC |
| liberty mountain medical group llc | |||||||||
| 1971 UNIVERSITY BLVD | lYNCHBURG | VA | 24515 | 472935244 | medical education | VA | -$531,838 | $518,256 | lIBERTY UNIVERSITY INC |
| Burton Realty I | |||||||||
| 1971 UNIVERSITY BLVD | lYNCHBURG | VA | 24515 | 540946734 | REAL ESTATE HOLDINGS | VA | $4,124 | $7,977,131 | lIBERTY UNIVERSITY INC |
| Burton Realty II | |||||||||
| 1971 UNIVERSITY BLVD | lYNCHBURG | VA | 24515 | 540946734 | REAL ESTATE HOLDINGS | VA | $4,299 | $8,316,584 | lIBERTY UNIVERSITY INC |
| Burton Realty III | |||||||||
| 1971 UNIVERSITY BLVD | lYNCHBURG | VA | 24515 | 540946734 | REAL ESTATE HOLDINGS | VA | $88 | $169,726 | lIBERTY UNIVERSITY INC |
| Burton Realty IV | |||||||||
| 1971 UNIVERSITY BLVD | lYNCHBURG | VA | 24515 | 540946734 | REAL ESTATE HOLDINGS | VA | $88 | $169,726 | lIBERTY UNIVERSITY INC |
| Burton Realty V | |||||||||
| 1971 UNIVERSITY BLVD | lYNCHBURG | VA | 24515 | 540946734 | REAL ESTATE HOLDINGS | VA | $88 | $169,726 | lIBERTY UNIVERSITY INC |
| Burton Realty VI | |||||||||
| 1971 UNIVERSITY BLVD | lYNCHBURG | VA | 24515 | 540946734 | REAL ESTATE HOLDINGS | VA | $88 | $169,726 | lIBERTY UNIVERSITY INC |
| liberty motion picture company | |||||||||
| 1971 UNIVERSITY BLVD | lYNCHBURG | VA | 24515 | 465653798 | cinematic arts | VA | -$21,788 | $34,563 | lIBERTY UNIVERSITY INC |
| airport plaza holdings llc | |||||||||
| 1971 UNIVERSITY BLVD | lYNCHBURG | VA | 24515 | 471347963 | reaL ESTATE HOLDINGS | VA | $417,449 | $7,136,239 | lIBERTY UNIVERSITY INC |
| Red Tie Music LLC | |||||||||
| 1971 UNIVERSITY BLVD | lYNCHBURG | VA | 24515 | 461340766 | To facilitate the publishing efforts of students | VA | $21,586 | $154,312 | lIBERTY UNIVERSITY INC |
| Liberty Health Services LLC | |||||||||
| 1971 UNIVERSITY BLVD | lYNCHBURG | VA | 24515 | 475575947 | investment in medical entities to achieve medical school COCA Accreditation | VA | $16,846 | $2,184,396 | lIBERTY UNIVERSITY INC |
| LUCOM Graduate Medical Education Services LLC | |||||||||
| 1971 UNIVERSITY BLVD | LYNCHBURG | VA | 24515 | 540946734 | Medical Health Education | VA | $0 | $0 | lIBERTY UNIVERSITY INC |
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (5 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Exempt Code SectionExemptCodeSectionTxt | Public Charity StatusPublicCharityStatusTxt | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | Controlled OrganizationControlledOrganizationInd |
|---|---|---|---|---|---|---|---|---|---|---|
| Thomas Road Baptist Church Corporation | ||||||||||
| 1971 UNIVERSITY BLVD | LYNCHBURG | VA | 24515 | 260061907 | RELIGIOUS | VA | 501(c)(3) | Line 1 | board of trustees | 0 |
| LIBERTY UNIVERSITY FOUNDATION | ||||||||||
| 1971 UNIVERSITY BLVD | LYNCHBURG | VA | 24515 | 541939910 | RELIGIOUS | DC | 501(c)(3) | Line 10 | Liberty University Inc | Yes (1) |
| Old Time Gospel Hour | ||||||||||
| 1971 UNIVERSITY BLVD | LYNCHBURG | VA | 24515 | 237293001 | RelIGIOUS | VA | 501(c)(3) | Line 10 | Liberty University Inc | Yes (1) |
| Liberty Christian Academy | ||||||||||
| 1971 UNIVERSITY BLVD | LYNCHBURG | VA | 24515 | 540831546 | Primary and Secondary Education | VA | 501(c)(3) | Line 2 | Liberty University Inc | Yes (1) |
| liberty university endowment trust | ||||||||||
| 1971 UNIVERSITY BLVD | lYNCHBURG | VA | 24515 | 541851119 | reLIGIOUS | VA | 501(c)(3) | Line 10 | liberty University Inc | Yes (1) |
Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp
Related Organization Name RelatedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | River Ridge Mall JV LLC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2030 Hamilton Place Blvd Suite 500 | AddressLine1Txt |
| City | Chattanooga | CityNm |
| State Abbreviation | TN | StateAbbreviationCd |
| ZIP | 374216000 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 811762010 | EIN |
| Primary Activities | Rental Real Estate | PrimaryActivitiesTxt |
| Legal Domicile State | TN | LegalDomicileStateCd |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Liberty University Inc | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Predominant Income Type | Investment/Unrelated | PredominantIncomeTypeTxt |
| Share Of Total Income | $2,547,878 | ShareOfTotalIncomeAmt |
| Share Of EOY Assets | $44,309,269 | ShareOfEOYAssetsAmt |
| Disproportionate Allocations | 0 | DisproportionateAllocationsInd |
| UBI Code V | $55,650 | UBICodeVAmt |
| General Or Managing Partner | 0 | GeneralOrManagingPartnerInd |
| Ownership | 0.75000 | OwnershipPct |
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | Entity TypeEntityTypeTxt | Share Of Total IncomeShareOfTotalIncomeAmt | Share Of EOY AssetsShareOfEOYAssetsAmt | OwnershipOwnershipPct | Controlled OrganizationControlledOrganizationInd |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Freedom Aviation | ||||||||||||
| 310 HANGAR ROAD | LYNCHBURG | VA | 24502 | 540755641 | PROVIDES FLIGHT INSTRUCTION TO STUDENTS AND CHARTER SERVICES TO PUBLIC | VA | LIBERTY UNIVERSITY INC | C | $471,245 | $6,304,266 | 1.00000 | Yes (1) |
| G&J THOMAS Inc | ||||||||||||
| 1971 UNIVERSITY BLVD | LYNCHBURG | VA | 24515 | 450596703 | STUDENT HOUSING | VA | LIBERTY UNIVERSITY INC | S | $112,116 | $4,922,879 | 1.00000 | Yes (1) |
| LIBERTY MOUNTAIN CAPITAL Inc | ||||||||||||
| 1971 UNIVERSITY BLVD | LYNCHBURG | VA | 24515 | 272376207 | INVESTMENT HOLDINGS COMPANY | VA | LIBERTY UNIVERSITY INC | C | $76,024 | $457,527 | 1.00000 | Yes (1) |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | Yes (1) | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | Yes (1) | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | Yes (1) | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | Yes (1) | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | Yes (1) | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | Yes (1) | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | Yes (1) | SharingOfFacilitiesInd |
| Paid Employees Sharing | Yes (1) | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | Yes (1) | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (10 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| Freedom Aviation | ||
| A | $108,302 | ACCRUAL |
| Old time gospel hour | ||
| A | $15,416 | aCCRUAL |
| liberty university foundation | ||
| B | $893,883 | aCCRUAL |
| Freedom Aviation | ||
| B | $462,923 | ACCRUAL |
| freedom Aviation | ||
| D | $3,500,000 | acCRUAL |
| old time gospel hour | ||
| D | $311,778 | aCCRUAL |
| Freedom Aviation | ||
| J | $186,491 | aCCRUAL |
| G&J Thomas Inc | ||
| K | $468,435 | aCCRUAL |
| Freedom Aviation | ||
| M | $4,186,665 | aCCRUAL |
| liberty christian academy | ||
| Q | $137,342 | aCCRUAL |