LIBERTY UNIVERSITY INC: Form 990, tax year 2015

View the entire original 990 at ProPublica ↗

Organization: LIBERTY UNIVERSITY INC (EIN 54-0946734)
Tax period: 2015-07-01 to 2016-06-30
Filed: 2017-05-15
IRS object ID: 201711359349311011
Schema version: 2015v3.0
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	2017-05-15T15:54:41-05:00	ReturnTs
Tax Period End	2016-06-30	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	2015-07-01	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	PersonTitleTxt
Phone	4345923237	PhoneNum
Signature	2017-05-15	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

Field	Value	IRS element (for citing)
Tax	2015	TaxYr
Build TS	2021-01-29 14:40:06Z	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	$2,678,853,150	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	32	VotingMembersGoverningBodyCnt
Voting Members Independent	26	VotingMembersIndependentCnt
Total Employee	11024	TotalEmployeeCnt
Total Volunteers	5000	TotalVolunteersCnt
Total Gross UBI	$5,176,235	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$0	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$11,445,389	PYContributionsGrantsAmt
CY Contributions Grants	$20,246,077	CYContributionsGrantsAmt
PY Program Service Revenue	$963,220,931	PYProgramServiceRevenueAmt
CY Program Service Revenue	$1,013,111,816	CYProgramServiceRevenueAmt
PY Investment Income	$23,556,873	PYInvestmentIncomeAmt
CY Investment Income	-$6,154,121	CYInvestmentIncomeAmt
PY Other Revenue	$3,605,357	PYOtherRevenueAmt
CY Other Revenue	$32,901,348	CYOtherRevenueAmt
PY Total Revenue	$1,001,828,550	PYTotalRevenueAmt
CY Total Revenue	$1,060,105,120	CYTotalRevenueAmt
PY Grants And Similar Paid	$202,527,296	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$221,984,807	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$0	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$321,081,239	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$340,762,124	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$0	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$4,305,531	CYTotalFundraisingExpenseAmt
PY Other Expenses	$254,889,377	PYOtherExpensesAmt
CY Other Expenses	$281,839,177	CYOtherExpensesAmt
PY Total Expenses	$778,497,912	PYTotalExpensesAmt
CY Total Expenses	$844,586,108	CYTotalExpensesAmt
PY Revenues Less Expenses	$223,330,638	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$215,519,012	CYRevenuesLessExpensesAmt
Total Assets BOY	$2,072,987,998	TotalAssetsBOYAmt
Total Assets EOY	$2,265,165,058	TotalAssetsEOYAmt
Total Liabilities BOY	$446,757,836	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$450,422,401	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$1,626,230,162	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$1,814,742,657	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	$683,969,134	ExpenseAmt
Grant	$221,984,807	GrantAmt
Revenue	$901,853,764	RevenueAmt
Desc	INSTRUCTION OF APPROXIMATELY 109,921 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	$48,528,630	ExpenseAmt
Revenue	$136,721,661	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	$732,497,764	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	0	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	822	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Backup Wthld Compliance	Yes (1)	BackupWthldComplianceInd
Employee	11024	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	Yes (1)	ForeignFinancialAccountInd
Foreign Country	CJ	ForeignCountryCd
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	32	GoverningBodyVotingMembersCnt
Independent Voting Member	26	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 CFO	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 (54 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	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	Yes (X)	Yes (X)	$927,074	$0	$57,947
MR NEAL ASKEW
TRUSTEE AND CONSULTANT	9.00	Yes (X)		$41,667	$0	$0
MRS GAYE OVERTON BENSON
TRUSTEE	3.00	Yes (X)		$0	$0	$0
MR JEFFREY F BENSON
TRUSTEE	3.00	Yes (X)		$0	$0	$0
MR FLEET BROWNING
TRUSTEE	2.00	Yes (X)		$0	$0	$0
MR J MARION COMPTON
TRUSTEE	2.00	Yes (X)		$0	$0	$0
DR DON CRAIN
TRUSTEE	3.00	Yes (X)		$0	$0	$0
MR MARK DEMOSS
TRUSTEE	4.00	Yes (X)		$0	$0	$0
DR JACK DINSBEER
TRUSTEE	2.00	Yes (X)		$0	$0	$0
PASTOR JONATHAN FALWELL
TRUSTEE & VICE CHANCELLOR OF SPIRITUAL AFFAIRS	9.00	Yes (X)		$50,000	$0	$3,825
MR HARVEY GAINEY
TRUSTEE	3.00	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	3.00	Yes (X)		$0	$0	$0
MR CARROLL HUDSON
TRUSTEE	4.00	Yes (X)		$0	$0	$0
EVANGELIST TIM LEE
TRUSTEE	3.00	Yes (X)		$0	$0	$0
DR ALLEN MCFARLAND
TRUSTEE & ADJUNCT PROFESSOR	5.00	Yes (X)		$4,200	$0	$321
DR GENE MIMS
TRUSTEE	2.00	Yes (X)		$0	$0	$0
MR RICHARD OSBORNE
TRUSTEE	3.00	Yes (X)		$0	$0	$0
MR GALEN PEEL SR
TRUSTEE	2.00	Yes (X)		$0	$0	$0
DR JERRY PREVO
TRUSTEE	3.00	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	4.00	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)		$2,100	$0	$161
DR JERRY THORPE
TRUSTEE	3.00	Yes (X)		$0	$0	$0
MR GILBERT TINNEY JR
TRUSTEE	4.00	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	$0	$0
MR JEFFERY S YAGER
TRUSTEE	3.00	Yes (X)		$0	$0	$0
MR ANTHONY BECKLES
TRUSTEE	2.00	Yes (X)		$0	$0	$0
SAMUEL BEAUMONT
SENIOR VP OF AUXILIARY SERVICE	55.00		Yes (X)	$207,769	$0	$29,631
DAVID CORRY
GENERAL COUNSEL/SECRETARY	55.00		Yes (X)	$240,105	$0	$34,425
RON HAWKINS
VP FOR ACADEMIC AFFAIRS AND PROVOST	55.00		Yes (X)	$257,078	$0	$32,699
LAWRENCE HINE
SENIOR VP OF STUDENT AFFAIRS	55.00		Yes (X)	$178,300	$0	$30,162
CHRIS JOHNSON
SENIOR VP FOR ENROLLMENT MGMT	55.00		Yes (X)	$310,504	$0	$35,046
RONALD KENNEDY
EXECUTIVE VP OF MARKETING	55.00		Yes (X)	$246,867	$0	$33,382
DON MOON
CFO/VP OF INVESTMENT MGMT	55.00		Yes (X)	$250,823	$0	$28,471
DAVID NASSER
SR. VP FOR SPIRITUAL DEVELOPMENT	55.00		Yes (X)	$257,193	$0	$23,510
RANDALL SMITH
EVP & COO	55.00		Yes (X)	$276,527	$0	$30,429
CHARLES SPENCE
SENIOR VP OF CONSTRUCTION PLANNING	55.00		Yes (X)	$239,414	$0	$31,373
LAURA WALLACE
EXECUTIVE VP OF HUMAN RESOURCES	55.00		Yes (X)	$287,785	$0	$31,927
JEFF BARBER
DIRECTOR OF ATHLETICS	55.00			$338,865	$0	$39,802	Yes (X)
ROBERT RITZ
SR. VP FOR UNIVERSITY FINANCIAL SERVICES	55.00			$232,463	$0	$32,209	Yes (X)
ALAN ASKEW
VICE PRESIDENT OF MAJOR CONSTRUCTION	55.00			$162,893	$0	$26,905	Yes (X)
TURNER GILL
HEAD COACH - FOOTBALL	55.00			$671,528	$0	$52,877		Yes (X)
RONNIE MARTIN
DEAN COLLEGE OF OSTEOPATHIC MEDICINE	55.00			$356,142	$0	$34,283		Yes (X)
RITCHIE MCKAY
HEAD COACH, MEN'S BASKETBALL	55.00			$419,865	$0	$39,915		Yes (X)
RAY MORRISON
DIVISON OF SURGERY, CHAIR	55.00			$260,983	$0	$22,612		Yes (X)
MATTHEW ZEALAND
CIO & VP ADS	55.00			$249,081	$0	$33,980		Yes (X)
AARON STAMN
FORMER HIGHEST COMPENSATED EMPLOYEE	55.00			$219,211	$0	$30,230			Yes (X)
ROBERT WIMBERLY
FORMER HIGHEST COMPENSATED EMPLOYEE	55.00			$218,868	$0	$33,395			Yes (X)
DALE LAYER
FORMER HIGHEST COMPENSATED EMPLOYEE	55.00			$320,266	$0	$38,870			Yes (X)

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$7,227,571	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$0	TotReportableCompRltdOrgAmt
Total Other Compensation	$788,387	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	329	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	$62,271,169
GOOGLE INC
PO BOX 7247-7366	PHILADELPHIA	PA	19170	ADMISSIONS LEADS GENERATION	$16,759,856
GLASS & ASSOCIATES INC
1601 WYTHE RD	LYNCHBURG	VA	24501	CONSTRUCTION	$7,973,483
HIGHEREDUCATIONCOM
1001 MCKINNEY ST STE 400	HOUSTON	TX	77002	ADMISSIONS LEADS GENERATION	$5,715,675
BRANCH & ASSOCIATES INC
PO BOX 40051	ROANOKE	VA	24022	CONSTRUCTION	$5,112,586

Field	Value	IRS element (for citing)
Cntrct Rcvd Greater Than100 K	94	CntrctRcvdGreaterThan100KCnt
Fundraising	$45,083	FundraisingAmt
Government Grants	$3,966,586	GovernmentGrantsAmt
All Other Contributions	$16,234,408	AllOtherContributionsAmt
Noncash Contributions	$29,873	NoncashContributionsAmt
Total Contributions	$20,246,077	TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (5 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt	Unrelated Business RevenueUnrelatedBusinessRevenueAmt
TUITION AND FEES	611710	$912,382,779	$912,382,779
ROOM & BOARD	611710	$69,584,632	$66,049,154	$3,535,478
STUDENT FEES	611710	$15,834,649	$15,834,649
STUDENT ACTIVITIES	611710	$7,690,522	$7,557,326	$133,196
BOOKSTORE/CONCESSIONS	611710	$7,619,234	$7,619,234

Field	Value	IRS element (for citing)
Total Program Service Revenue	$1,013,111,816	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$15,310,512	TotalRevenueColumnAmt
Unrelated Business Revenue	$34,018	UnrelatedBusinessRevenueAmt
Exclusion	$15,276,494	ExclusionAmt

Royalties Revenue RoyaltiesRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$328,911	TotalRevenueColumnAmt
Exclusion	$328,911	ExclusionAmt

Gross Rents GrossRentsGrp

Field	Value	IRS element (for citing)
Real	$4,483,103	RealAmt
Personal	$249,593	PersonalAmt

Less Rental Expenses LessRentalExpensesGrp

Field	Value	IRS element (for citing)
Real	$2,903,044	RealAmt
Personal	$157,688	PersonalAmt

Rental Income Or Loss RentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Real	$1,580,059	RealAmt
Personal	$91,905	PersonalAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$1,671,964	TotalRevenueColumnAmt
Unrelated Business Revenue	$249,593	UnrelatedBusinessRevenueAmt
Exclusion	$1,422,371	ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

Field	Value	IRS element (for citing)
Securities	$1,584,830,523	SecuritiesAmt
Other	$9,331,290	OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

Field	Value	IRS element (for citing)
Securities	$1,605,779,802	SecuritiesAmt
Other	$9,846,644	OtherAmt

Gain Or Loss GainOrLossGrp

Field	Value	IRS element (for citing)
Securities	-$20,949,279	SecuritiesAmt
Other	-$515,354	OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	-$21,464,633	TotalRevenueColumnAmt
Related Or Exempt Func Income	-$515,354	RelatedOrExemptFuncIncomeAmt
Exclusion	-$20,949,279	ExclusionAmt

Field	Value	IRS element (for citing)
Fundraising Gross Income	$89,738	FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event	$45,083	ContriRptFundraisingEventAmt
Fundraising Direct Expenses	$60,852	FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$28,886	TotalRevenueColumnAmt
Exclusion	$28,886	ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp (3 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt	Unrelated Business RevenueUnrelatedBusinessRevenueAmt
LIFE INSURANCE PROCEED	711210	$24,438,123	$24,438,123
OTHER INCOME	611710	$4,956,793	$4,392,877	$563,916
SPONSORSHIPS/ADVERTISING	511120	$1,328,304	$802,147	$526,157

Miscellaneous Revenue MiscellaneousRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$148,367	TotalRevenueColumnAmt
Related Or Exempt Func Income	$14,490	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$133,877	UnrelatedBusinessRevenueAmt

Field	Value	IRS element (for citing)
Other Revenue Total	$30,871,587	OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$1,060,105,120	TotalRevenueColumnAmt
Related Or Exempt Func Income	$1,038,575,425	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$5,176,235	UnrelatedBusinessRevenueAmt
Exclusion	-$3,892,617	ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

Field	Value	IRS element (for citing)
Total	$1,690,395	TotalAmt
Program Services	$1,690,395	ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

Field	Value	IRS element (for citing)
Total	$220,294,412	TotalAmt
Program Services	$220,294,412	ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

Field	Value	IRS element (for citing)
Total	$8,020,793	TotalAmt
Program Services	$6,657,258	ProgramServicesAmt
Management And General	$1,307,389	ManagementAndGeneralAmt
Fundraising	$56,146	FundraisingAmt

Comp Disqual Persons CompDisqualPersonsGrp

Field	Value	IRS element (for citing)
Total	$744,143	TotalAmt
Program Services	$617,639	ProgramServicesAmt
Management And General	$121,295	ManagementAndGeneralAmt
Fundraising	$5,209	FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$263,897,810	TotalAmt
Program Services	$219,035,182	ProgramServicesAmt
Management And General	$43,015,343	ManagementAndGeneralAmt
Fundraising	$1,847,285	FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

Field	Value	IRS element (for citing)
Total	$5,940,290	TotalAmt
Program Services	$4,930,441	ProgramServicesAmt
Management And General	$968,267	ManagementAndGeneralAmt
Fundraising	$41,582	FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$42,714,835	TotalAmt
Program Services	$35,453,313	ProgramServicesAmt
Management And General	$6,962,518	ManagementAndGeneralAmt
Fundraising	$299,004	FundraisingAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$19,444,253	TotalAmt
Program Services	$16,138,730	ProgramServicesAmt
Management And General	$3,169,413	ManagementAndGeneralAmt
Fundraising	$136,110	FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

Field	Value	IRS element (for citing)
Total	$3,026,266	TotalAmt
Management And General	$3,026,266	ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$306,335	TotalAmt
Management And General	$306,335	ManagementAndGeneralAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

Field	Value	IRS element (for citing)
Total	$80,302	TotalAmt
Program Services	$66,651	ProgramServicesAmt
Management And General	$13,089	ManagementAndGeneralAmt
Fundraising	$562	FundraisingAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

Field	Value	IRS element (for citing)
Total	$4,192,848	TotalAmt
Management And General	$4,192,848	ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

Field	Value	IRS element (for citing)
Total	$62,817,939	TotalAmt
Program Services	$52,138,889	ProgramServicesAmt
Management And General	$10,239,324	ManagementAndGeneralAmt
Fundraising	$439,726	FundraisingAmt

Advertising AdvertisingGrp

Field	Value	IRS element (for citing)
Total	$18,883,781	TotalAmt
Program Services	$15,673,539	ProgramServicesAmt
Management And General	$3,078,056	ManagementAndGeneralAmt
Fundraising	$132,186	FundraisingAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$6,979,969	TotalAmt
Program Services	$5,793,374	ProgramServicesAmt
Management And General	$1,137,735	ManagementAndGeneralAmt
Fundraising	$48,860	FundraisingAmt

Information Technology InformationTechnologyGrp

Field	Value	IRS element (for citing)
Total	$16,761,863	TotalAmt
Program Services	$13,912,346	ProgramServicesAmt
Management And General	$2,732,184	ManagementAndGeneralAmt
Fundraising	$117,333	FundraisingAmt

Royalties RoyaltiesGrp

Field	Value	IRS element (for citing)
Total	$400,315	TotalAmt
Program Services	$332,262	ProgramServicesAmt
Management And General	$65,251	ManagementAndGeneralAmt
Fundraising	$2,802	FundraisingAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$10,812,848	TotalAmt
Program Services	$8,974,664	ProgramServicesAmt
Management And General	$1,762,494	ManagementAndGeneralAmt
Fundraising	$75,690	FundraisingAmt

Travel TravelGrp

Field	Value	IRS element (for citing)
Total	$11,973,369	TotalAmt
Program Services	$9,937,896	ProgramServicesAmt
Management And General	$1,951,659	ManagementAndGeneralAmt
Fundraising	$83,814	FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

Field	Value	IRS element (for citing)
Total	$938,388	TotalAmt
Program Services	$778,862	ProgramServicesAmt
Management And General	$152,957	ManagementAndGeneralAmt
Fundraising	$6,569	FundraisingAmt

Interest InterestGrp

Field	Value	IRS element (for citing)
Total	$10,703,244	TotalAmt
Program Services	$8,883,692	ProgramServicesAmt
Management And General	$1,744,629	ManagementAndGeneralAmt
Fundraising	$74,923	FundraisingAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$39,682,005	TotalAmt
Program Services	$32,936,064	ProgramServicesAmt
Management And General	$6,468,167	ManagementAndGeneralAmt
Fundraising	$277,774	FundraisingAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$3,187,456	TotalAmt
Program Services	$2,645,589	ProgramServicesAmt
Management And General	$519,555	ManagementAndGeneralAmt
Fundraising	$22,312	FundraisingAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt	Program ServicesProgramServicesAmt	Management And GeneralManagementAndGeneralAmt	FundraisingFundraisingAmt
STUDENT FOOD SERVICES	$21,865,238	$18,148,147	$3,564,034	$153,057
BAD DEBT EXPENSE	$20,419,683	$16,948,337	$3,328,408	$142,938
OTHER SUPPLIES	$12,799,783	$10,623,820	$2,086,365	$89,598
NON CAPITAL EQUIPMENT	$8,164,477	$6,776,516	$1,330,810	$57,151

All Other Expenses AllOtherExpensesGrp

Field	Value	IRS element (for citing)
Total	$27,843,068	TotalAmt
Program Services	$23,109,746	ProgramServicesAmt
Management And General	$4,538,422	ManagementAndGeneralAmt
Fundraising	$194,900	FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$844,586,108	TotalAmt
Program Services	$732,497,764	ProgramServicesAmt
Management And General	$107,782,813	ManagementAndGeneralAmt
Fundraising	$4,305,531	FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$34,637,891	BOYAmt
EOY	$41,310,788	EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
BOY	$273,993,482	BOYAmt
EOY	$422,698,141	EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$34,480	BOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$79,902,954	BOYAmt
EOY	$72,826,698	EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

Field	Value	IRS element (for citing)
BOY	$3,599,494	BOYAmt
EOY	$3,290,686	EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

Field	Value	IRS element (for citing)
BOY	$140,735	BOYAmt
EOY	$140,697	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$11,610,500	BOYAmt
EOY	$14,468,589	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$1,207,805,991	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$260,741,956	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$829,285,348	BOYAmt
EOY	$947,064,035	EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

Field	Value	IRS element (for citing)
BOY	$338,465,045	BOYAmt
EOY	$258,794,081	EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

Field	Value	IRS element (for citing)
BOY	$488,766,895	BOYAmt
EOY	$495,675,078	EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

Field	Value	IRS element (for citing)
BOY	$3,155,121	BOYAmt
EOY	$3,541,138	EOYAmt

Intangible Assets IntangibleAssetsGrp

Field	Value	IRS element (for citing)
BOY	$931,984	BOYAmt
EOY	$860,567	EOYAmt

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$8,464,069	BOYAmt
EOY	$4,494,560	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$2,072,987,998	BOYAmt
EOY	$2,265,165,058	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$63,018,578	BOYAmt
EOY	$52,816,330	EOYAmt

Deferred Revenue DeferredRevenueGrp

Field	Value	IRS element (for citing)
BOY	$138,534,316	BOYAmt
EOY	$151,337,067	EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

Field	Value	IRS element (for citing)
BOY	$214,295,846	BOYAmt
EOY	$209,950,530	EOYAmt

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$30,909,096	BOYAmt
EOY	$36,318,474	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$446,757,836	BOYAmt
EOY	$450,422,401	EOYAmt

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

Unrestricted Net Assets UnrestrictedNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$1,609,667,135	BOYAmt
EOY	$1,798,655,900	EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$4,222,638	BOYAmt
EOY	$2,585,845	EOYAmt

Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$12,340,389	BOYAmt
EOY	$13,500,912	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$1,626,230,162	BOYAmt
EOY	$1,814,742,657	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$2,072,987,998	BOYAmt
EOY	$2,265,165,058	EOYAmt

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	Yes (X)	InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss	$215,519,012	ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst	-$20,052,470	NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets	-$6,954,047	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	$80,303	FilingOrganizationsTotalAmt

Total Lobbying Expend TotalLobbyingExpendGrp

Field	Value	IRS element (for citing)
Filing Organizations Total	$80,303	FilingOrganizationsTotalAmt

Other Exempt Purpose Expend OtherExemptPurposeExpendGrp

Field	Value	IRS element (for citing)
Filing Organizations Total	$844,480,538	FilingOrganizationsTotalAmt

Total Exempt Purpose Expend TotalExemptPurposeExpendGrp

Field	Value	IRS element (for citing)
Filing Organizations Total	$844,560,841	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	$23,137	CurrentYearMinus3Amt
Current Year Minus2	$42,398	CurrentYearMinus2Amt
Current Year Minus1	$27,801	CurrentYearMinus1Amt
Current Year	$80,303	CurrentYearAmt
Total	$173,639	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

Avg Grassroots Lobbying Expend AvgGrassrootsLobbyingExpendGrp

Field	Value	IRS element (for citing)
Current Year Minus3	$1,759	CurrentYearMinus3Amt
Total	$1,759	TotalAmt

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 VISITOR CENTER	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	$1,054,487,114	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 Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

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 Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

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 Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

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

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$54,106,338	BeginningYearBalanceAmt
Contributions	$2,476,947	ContributionsAmt
Investment Earnings Or Losses	$2,117,275	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$53,946	GrantsOrScholarshipsAmt
End Year Balance	$58,646,614	EndYearBalanceAmt

Field	Value	IRS element (for citing)
Board Designated Balance EOY	0.98700	BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY	0.01200	PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY	0.00100	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	$90,944,809	OtherCostOrOtherBasisAmt
Book Value	$90,944,809	BookValueAmt

Buildings BuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$700,265,041	OtherCostOrOtherBasisAmt
Depreciation	$117,920,992	DepreciationAmt
Book Value	$582,344,049	BookValueAmt

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$199,835,350	OtherCostOrOtherBasisAmt
Depreciation	$124,528,424	DepreciationAmt
Book Value	$75,306,926	BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$216,760,791	OtherCostOrOtherBasisAmt
Depreciation	$18,292,540	DepreciationAmt
Book Value	$198,468,251	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$947,064,035	TotalBookValueLandBuildingsAmt

Other Securities OtherSecuritiesGrp (4 entries)

DescDesc	Book ValueBookValueAmt	Method ValuationMethodValuationCd
LONG/SHORT EQUITY FUNDS	$282,008,891	F
OTHER ASSET BACKED SECURITIES	$1,637,704	F
TERM LOANS	$170,999,726	F
JOINT VENTURE	$41,028,757	F

Field	Value	IRS element (for citing)
Total Book Value Securities	$495,675,078	TotalBookValueSecuritiesAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)

DescDesc	AmtAmt
GIFT ANNUITIES PAYABLE	$34,402,273
LIABILITY UNDER SPLIT INTEREST AGREEMENTS	$1,921,426
DUE TO FREEDOM AVIATION FROM C&C AVIATION	-$5,225

Field	Value	IRS element (for citing)
Total Liability	$36,318,474	TotalLiabilityAmt
Footnote Text	Yes (X)	FootnoteTextInd
Total Rev Etc Audited Fincl Stmt	$826,707,629	TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst	-$20,052,470	NetUnrealizedGainsInvstAmt
Other Revenue	$6,922,390	OtherRevenueAmt
Revenue Not Reported	-$13,130,080	RevenueNotReportedAmt
Revenue Subtotal	$839,837,709	RevenueSubtotalAmt
Other Revenues Not Included	$220,267,411	OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt	$220,267,411	RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990	$1,060,105,120	TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt	$638,195,135	TotExpnsEtcAuditedFinclStmtAmt
Other Expenses Included	$13,876,438	OtherExpensesIncludedAmt
Expenses Not Reported	$13,876,438	ExpensesNotReportedAmt
Expenses Subtotal	$624,318,697	ExpensesSubtotalAmt
Other Expenses Not Included	$220,267,411	OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt	$220,267,411	ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990	$844,586,108	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, 2016 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 2016, 20 PAINTINGS AND A TORAH SCROLL WERE CONTRIBUTED.
PART III, LINE 4:	LIBERTY UNIVERSITY HAS A COLLECTION OF SEVERAL ANIMAL TROPHIES DONATED BY A LOCAL RESIDENT. THE ANIMAL TROPHIES ARE DISPLAYED WITHIN THE UNIVERSITY'S FACILITIES FOR THE EDUCATION AND ENJOYMENT OF STUDENTS AND VISITORS. THERE IS NO ADMISSION CHARGE FOR VIEWING THE COLLECTION AND LIBERTY UNIVERSITY DOES NOT ADVERTISE THAT THE COLLECTION IS OPEN TO THE GENERAL PUBLIC. DURING FYE 2016, 20 PAINTINGS AND A TORAH SCROLL WERE CONTRIBUTED. THEY DISPLAYED IN A SIMILAR FASHION AS THE ANIMAL TROPHIES.
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, 2016 AND 2015 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 -6,954,047. REVENUE FROM SUBSIDIARIES NOT INCLUDED IN THIS RETURN 10,754,853. EXPENSE FROM NET RENTAL INCOME 3,060,732. FUNDRAISING DIRECT EXPENSES 60,852.
PART XI, LINE 4B - OTHER ADJUSTMENTS:	INSTITUTIONAL SCHOLARSHIPS 214,550,819. FINANCIAL AID & DISCOUNTS 5,716,592.
PART XII, LINE 2D - OTHER ADJUSTMENTS:	EXPENSE FROM SUBSIDIARIES NOT INCLUDED IN THIS RETURN 10,754,854. EXPENSE FROM NET RENTAL INCOME 3,060,732. FUNDRAISING DIRECT EXPENSES 60,852.
PART XII, LINE 4B - OTHER ADJUSTMENTS:	INSTITUTIONAL SCHOLARSHIPS 214,550,819. FINANCIAL AID & DISCOUNTS 5,716,592.

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 (4 entries)

RegionRegionTxt	EmployeeEmployeeCnt	Type Of Activities ConductedTypeOfActivitiesConductedTxt	Specific Services ProvidedSpecificServicesProvidedTxt	Region Total ExpendituresRegionTotalExpendituresAmt
EUROPE (INCLUDING ICELAND & GREENLAND) -	4	PROGRAM SERVICES	EMPLOYMENT OF INSTRUCTORS SERVING DISTANCE LEARNING STUDENTS.	$22,830
NORTH AMERICA - CANADA AND MEXICO	2	PROGRAM SERVICES	EMPLOYMENT OF INSTRUCTORS SERVING DISTANCE LEARNING STUDENTS.	$31,400
MIDDLE EAST AND NORTH AFRICA -	3	PROGRAM SERVICES	EMPLOYMENT OF INSTRUCTORS SERVING DISTANCE LEARNING STUDENTS.	$53,103
CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS,	0	INVESTMENTS		$46,208,811

Field	Value	IRS element (for citing)
Subtotal Offices	0	SubtotalOfficesCnt
Subtotal Employees	9	SubtotalEmployeesCnt
Continutation Total Office	0	ContinutationTotalOfficeCnt
Continutation Total Employee	0	ContinutationTotalEmployeeCnt
Total Office	0	TotalOfficeCnt
Total Employee	9	TotalEmployeeCnt
Subtotal Spent	$46,316,144	SubtotalSpentAmt
Continuation Spent	$0	ContinuationSpentAmt
Total Spent	$46,316,144	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	ATHLETICS GOLF TOURNAMENT	Event1Nm
Gross Receipts Event1	$62,595	GrossReceiptsEvent1Amt
Gross Revenue Event1	$62,595	GrossRevenueEvent1Amt
Cash Prizes Event1	$640	CashPrizesEvent1Amt
Non Cash Prizes Event1	$16,816	NonCashPrizesEvent1Amt
Rent Facility Costs Event1	$7,296	RentFacilityCostsEvent1Amt
Food And Beverage Event1	$1,925	FoodAndBeverageEvent1Amt
Other Direct Expenses Event1	$1,476	OtherDirectExpensesEvent1Amt
Event2	SPORTS MANAGEMENT GOLF TOURNAMENT	Event2Nm
Gross Receipts Event2	$32,630	GrossReceiptsEvent2Amt
Charitable Contri Event2	$27,240	CharitableContriEvent2Amt
Gross Revenue Event2	$5,390	GrossRevenueEvent2Amt
Rent Facility Costs Event2	$4,590	RentFacilityCostsEvent2Amt
Food And Beverage Event2	$1,020	FoodAndBeverageEvent2Amt
Other Events Total	5	OtherEventsTotalCnt
Gross Receipts Other Events	$39,596	GrossReceiptsOtherEventsAmt
Charitable Contri Other Events	$17,843	CharitableContriOtherEventsAmt
Gross Revenue Other Events	$21,753	GrossRevenueOtherEventsAmt
Cash Prizes Other Events	$1,100	CashPrizesOtherEventsAmt
Non Cash Prizes Other Events	$171	NonCashPrizesOtherEventsAmt
Food And Beverage Other Events	$12,157	FoodAndBeverageOtherEventsAmt
Entertainment Other Events	$100	EntertainmentOtherEventsAmt
Oth Direct Expnss Other Events	$13,561	OthDirectExpnssOtherEventsAmt
Gross Receipts Total	$134,821	GrossReceiptsTotalAmt
Charitable Contributions Tot	$45,083	CharitableContributionsTotAmt
Gross Revenue Total Events	$89,738	GrossRevenueTotalEventsAmt
Cash Prizes Total Events	$1,740	CashPrizesTotalEventsAmt
Non Cash Prizes Total Events	$16,987	NonCashPrizesTotalEventsAmt
Rent Fclty Costs Total Events	$11,886	RentFcltyCostsTotalEventsAmt
Food And Beverage Total Events	$15,102	FoodAndBeverageTotalEventsAmt
Entertainment Total Events	$100	EntertainmentTotalEventsAmt
Oth Direct Expnss Total Events	$15,037	OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events	$60,852	DirectExpenseSummaryEventsAmt
Net Income Summary	$28,886	NetIncomeSummaryAmt

Schedule I IRS990ScheduleI

Field	Value	IRS element (for citing)
Grant Records Maintained	Yes (1)	GrantRecordsMaintainedInd

Recipient Table RecipientTable (5 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)	$968,421	SUPPORTIVE CHRISTIAN NON-PROFIT ORGANIZATION
THOMAS ROAD BAPTIST CHURCH
1 MOUNTAIN VIEW RD	LYNCHBURG	VA	24502	260061907	501(C)(3)	$5,000	ADVANCE THE GOSPEL OF JESUS CHRIST THROUGH CHURCH PLANTING
FEAR 2 FREEDOM
PO BOX 6104	NEWPORT NEWS	VA	236060104	452143034	501(C)(3)	$8,433	CHRISTIAN OUTREACH TO VICTIMS OF HUMAN TRAFFICKING
OLD TIME GOSPEL HOUR
1971 UNIVERSITY BLVD	LYNCHBURG	VA	24515	237293001	501(C)(3)	$20,130	GENERAL SUPPORT
P&B FOUNDATION
7220 MONTGOMERY RD	CINCINNATI	OH	452363920	237083912	501(C)(3)	$500,000	GLOBAL MISSIONS

Field	Value	IRS element (for citing)
Total501c3 Org	5	Total501c3OrgCnt

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (2 entries)

Grant TypeGrantTypeTxt	RecipientRecipientCnt	Cash GrantCashGrantAmt	Valuation Method UsedValuationMethodUsedDesc	Non Cash AssistanceNonCashAssistanceDesc
SCHOLARSHIPS	89576	$220,267,411	BOOK	N/A
MISSIONARY ASSISTANCE	38	$27,001	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	$927,074	$0	$0	$0	$0	$0	$27,000	$0	$30,947	$0	$985,021	$0	$0	$0
SAMUEL BEAUMONT
SENIOR VP OF AUXILIARY SERVICE	$207,769	$0	$0	$0	$0	$0	$10,167	$0	$19,464	$0	$237,400	$0	$0	$0
DAVID CORRY
GENERAL COUNSEL/SECRETARY	$240,105	$0	$0	$0	$0	$0	$11,817	$0	$22,608	$0	$274,530	$0	$0	$0
RON HAWKINS
VP FOR ACADEMIC AFFAIRS AND PROVOST	$257,078	$0	$0	$0	$0	$0	$12,396	$0	$20,303	$0	$289,777	$0	$0	$0
LAWRENCE HINE
SENIOR VP OF STUDENT AFFAIRS	$178,300	$0	$0	$0	$0	$0	$8,766	$0	$21,396	$0	$208,462	$0	$0	$0
CHRIS JOHNSON
SENIOR VP FOR ENROLLMENT MGMT	$310,504	$0	$0	$0	$0	$0	$12,500	$0	$22,546	$0	$345,550	$0	$0	$0
RONALD KENNEDY
EXECUTIVE VP OF MARKETING	$246,867	$0	$0	$0	$0	$0	$11,000	$0	$22,382	$0	$280,249	$0	$0	$0
DON MOON
CFO/VP OF INVESTMENT MGMT	$250,823	$0	$0	$0	$0	$0	$12,217	$0	$16,254	$0	$279,294	$0	$0	$0
DAVID NASSER
SR. VP FOR SPIRITUAL DEVELOPMENT	$257,193	$0	$0	$0	$0	$0	$11,729	$0	$11,781	$0	$280,703	$0	$0	$0
RANDALL SMITH
EVP & COO	$276,527	$0	$0	$0	$0	$0	$11,479	$0	$18,950	$0	$306,956	$0	$0	$0
CHARLES SPENCE
SENIOR VP OF CONSTRUCTION PLANNING	$239,414	$0	$0	$0	$0	$0	$11,250	$0	$20,123	$0	$270,787	$0	$0	$0
LAURA WALLACE
EXECUTIVE VP OF HUMAN RESOURCES	$287,785	$0	$0	$0	$0	$0	$13,983	$0	$17,944	$0	$319,712	$0	$0	$0
JEFF BARBER
DIRECTOR OF ATHLETICS	$338,865	$0	$0	$0	$0	$0	$15,750	$0	$24,052	$0	$378,667	$0	$0	$0
ROBERT RITZ
SR. VP FOR UNIVERSITY FINANCIAL SERV	$232,463	$0	$0	$0	$0	$0	$9,708	$0	$22,501	$0	$264,672	$0	$0	$0
ALAN ASKEW
VICE PRESIDENT OF MAJOR CONSTRUCTION	$162,893	$0	$0	$0	$0	$0	$6,979	$0	$19,926	$0	$189,798	$0	$0	$0
TURNER GILL
HEAD COACH - FOOTBALL	$671,528	$0	$0	$0	$0	$0	$24,000	$0	$28,877	$0	$724,405	$0	$0	$0
RONNIE MARTIN
DEAN COLLEGE OF OSTEOPATHIC MEDICINE	$356,142	$0	$0	$0	$0	$0	$12,250	$0	$22,033	$0	$390,425	$0	$0	$0
RITCHIE MCKAY
HEAD COACH, MEN'S BASKETBALL	$419,865	$0	$0	$0	$0	$0	$18,594	$0	$21,321	$0	$459,780	$0	$0	$0
RAY MORRISON
DIVISON OF SURGERY, CHAIR	$260,983	$0	$0	$0	$0	$0	$0	$0	$22,612	$0	$283,595	$0	$0	$0
MATTHEW ZEALAND
CIO & VP ADS	$249,081	$0	$0	$0	$0	$0	$11,583	$0	$22,397	$0	$283,061	$0	$0	$0
AARON STAMN
FORMER HIGHEST COMPENSATED EMPLOYEE	$219,211	$0	$0	$0	$0	$0	$9,476	$0	$20,754	$0	$249,441	$0	$0	$0
ROBERT WIMBERLY
FORMER HIGHEST COMPENSATED EMPLOYEE	$218,868	$0	$0	$0	$0	$0	$10,755	$0	$22,640	$0	$252,263	$0	$0	$0
DALE LAYER
FORMER HIGHEST COMPENSATED EMPLOYEE	$320,266	$0	$0	$0	$0	$0	$15,071	$0	$23,799	$0	$359,136	$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	0.00660	PrivateBusUseByOthersPct
Private Bus Concerning UBI	0.02310	PrivateBusConcerningUBIPct
Total Private Business Use	0.02970	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

Schedule L IRS990ScheduleL

Grnt Asst Bnft Interested Prsn GrntAsstBnftInterestedPrsnGrp

Field	Value	IRS element (for citing)
Cash Grant	$399,634	CashGrantAmt
Type Of Assistance	GRANTS TO DEPENDENTS OF BOARD MEMBERS, OFFICERS, & KEY EMPLOYEES	TypeOfAssistanceTxt
Assistance Purpose	TO HAVE COMPARABLE BENEFITS PROGRAM FOR ALL EMPLOYEES & CERTAIN OTHERS WHO	AssistancePurposeTxt

Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp (14 entries)

Relationship DescriptionRelationshipDescriptionTxt	TransactionTransactionAmt	TransactionTransactionDesc	Sharing Of RevenuesSharingOfRevenuesInd
WESLEY FALWELL
SON OF BOARD MEMBER AND OFFICER	$27,445	EMPLOYMENT COMPENSATION	0
BERNIE BECKLES
WIFE OF BOARD MEMBER	$17,000	EMPLOYMENT COMPENSATION	0
RYAN D RUSH
SON IN LAW OF BOARD MEMBER	$25,400	EMPLOYMENT COMPENSATION	0
JERRY FALWELL III
SON OF BOARD MEMBER AND OFFICER	$81,725	EMPLOYMENT COMPENSATION	0
VIRGINIA DOW
SISTER IN LAW OF A KEY EMPLOYEE	$73,673	EMPLOYMENT COMPENSATION	0
SCOTT HAWKINS
SON OF AN OFFICER	$204,797	EMPLOYMENT COMPENSATION	0
KATHERINE JOHNSON
WIFE OF AN OFFICER	$14,700	EMPLOYMENT COMPENSATION	0
JOHNATHAN WALLACE
SON OF AN OFFICER	$94,566	EMPLOYMENT COMPENSATION	0
DONNA BARBER
WIFE OF AN OFFICER	$25,000	EMPLOYMENT COMPENSATION	0
JOSHUA SPENCE
SON OF AN OFFICER	$38,620	EMPLOYMENT COMPENSATION	0
KATHLEEN SPENCE
WIFE OF AN OFFICER	$43,870	EMPLOYMENT COMPENSATION	0
JENNIFER KENNEDY
WIFE OF AN OFFICER	$48,300	EMPLOYMENT COMPENSATION	0
LAURA FALWELL
DAUGHTER IN LAW OF BOARD MEMBER AND OFFICER	$34,346	EMPLOYMENT COMPENSATION	0
NASTARAN MORGAN
SISTER OF OFFICER	$14,703	EMPLOYMENT COMPENSATION	0

Schedule M IRS990ScheduleM

Works Of Art WorksOfArtGrp

Field	Value	IRS element (for citing)
Non Cash Checkbox	Yes (X)	NonCashCheckboxInd
Contribution	21	ContributionCnt
Noncash Contributions Rpt F990	$0	NoncashContributionsRptF990Amt
Method Of Determining Revenues	N/A	MethodOfDeterminingRevenuesTxt

Boats And Planes BoatsAndPlanesGrp

Field	Value	IRS element (for citing)
Non Cash Checkbox	Yes (X)	NonCashCheckboxInd
Contribution	1	ContributionCnt
Noncash Contributions Rpt F990	$17,560	NoncashContributionsRptF990Amt
Method Of Determining Revenues	FAIR MARKET VALUE	MethodOfDeterminingRevenuesTxt

Other Non Cash Contri Table OtherNonCashContriTableGrp (2 entries)

Non Cash CheckboxNonCashCheckboxInd	DescDesc	ContributionContributionCnt	Noncash Contributions Rpt F990NoncashContributionsRptF990Amt	Method Of Determining RevenuesMethodOfDeterminingRevenuesTxt
Yes (X)	FLOATING BOAT DOCKS	1	$11,953	FAIR MARKET VALUE
Yes (X)	95 EXAM TABLE	1	$360	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 11	THE FORM 990 FOR FY JUNE 30, 2016 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 -6,954,047.
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 AVIATION
1971 UNIVERSITY BLVD	LYNCHBURG	VA	24515	540946734	AIRFARE FOR UNIVERSITY AFFAIRS	VA	-$883,832	$2,858,377	LIBERTY UNIVERSITY INC
IVY HILL RECREATION LLC
1971 UNIVERSITY BLVD	LYNCHBURG	VA	24515	460903360	RECREATION	VA	-$19,799	$2,781,373	LIBERTY UNIVERSITY INC
LIBERTY MOUNTAIN CONFERENCE CENTER LLC
1971 UNIVERSITY BLVD	LYNCHBURG	VA	24515	275427434	CENTER FOR EDUCATIONAL CONFERENCES	VA	-$1,433	$1,107,161	LIBERTY UNIVERSITY INC
LIBERTY RIDGE LLC
1971 UNIVERSITY BLVD	LYNCHBURG	VA	24515	270714028	REAL ESTATE HOLDINGS	VA	$168,756	$1,843,762	LIBERTY UNIVERSITY INC
LU CANDLERS STATION HOLDINGSLLC
1971 UNIVERSITY BLVD	LYNCHBURG	VA	24515	271753489	REAL ESTATE HOLDINGS	VA	$776,009	$24,140,368	LIBERTY UNIVERSITY INC
LU PLAZA HOLDINGSLLC
1971 UNIVERSITY BLVD	LYNCHBURG	VA	24515	270217985	REAL ESTATE HOLDINGS	VA	$202,492	$19,959,035	LIBERTY UNIVERSITY INC
LU RACQUET SPORTS LLC
1971 UNIVERSITY BLVD	LYNCHBURG	VA	24515	274785690	RECREATION	VA	$0	$0	LIBERTY UNIVERSITY INC
MORNING STAR BROADCASTING LLC
1971 UNIVERSITY BLVD	LYNCHBURG	VA	24515	463731118	TELEVISION BROADCASTING	VA	-$339,989	$1,728,448	LIBERTY UNIVERSITY INC
CROSSROADS INVESTMENTS LLC
1971 UNIVERSITY BLVD	LYNCHBURG	VA	24515	473991939	REAL ESTATE HOLDINGS	VA	$3,510	$347,512	LIBERTY UNIVERSITY INC
LIBERTY MOUNTAIN MEDICAL GROUP LLC
1971 UNIVERSITY BLVD	LYNCHBURG	VA	24515	472935244	MEDICAL EDUCATION	VA	-$715,549	$634,289	LIBERTY UNIVERSITY INC
BURTON REALTY I
1971 UNIVERSITY BLVD	LYNCHBURG	VA	24515	540946734	REAL ESTATE HOLDINGS	VA	$59,192	$7,969,823	LIBERTY UNIVERSITY INC
BURTON REALTY II
1971 UNIVERSITY BLVD	LYNCHBURG	VA	24515	540946734	REAL ESTATE HOLDINGS	VA	$61,711	$8,308,964	LIBERTY UNIVERSITY INC
BURTON REALTY III
1971 UNIVERSITY BLVD	LYNCHBURG	VA	24515	540946734	REAL ESTATE HOLDINGS	VA	$1,259	$169,571	LIBERTY UNIVERSITY INC
BURTON REALTY IV
1971 UNIVERSITY BLVD	LYNCHBURG	VA	24515	540946734	REAL ESTATE HOLDINGS	VA	$1,259	$169,571	LIBERTY UNIVERSITY INC
BURTON REALTY V
1971 UNIVERSITY BLVD	LYNCHBURG	VA	24515	540946734	REAL ESTATE HOLDINGS	VA	$1,259	$169,571	LIBERTY UNIVERSITY INC
BURTON REALTY VI
1971 UNIVERSITY BLVD	LYNCHBURG	VA	24515	540946734	REAL ESTATE HOLDINGS	VA	$1,259	$169,571	LIBERTY UNIVERSITY INC
LIBERTY MOTION PICTURE COMPANY
1971 UNIVERSITY BLVD	LYNCHBURG	VA	24515	465653798	CINEMATIC ARTS	VA	$0	$56,351	LIBERTY UNIVERSITY INC
AIRPORT PLAZA HOLDINGS LLC
1971 UNIVERSITY BLVD	LYNCHBURG	VA	24515	471347963	REAL ESTATE HOLDINGS	VA	$393,060	$6,618,790	LIBERTY UNIVERSITY INC
RED TIE MUSIC LLC
1971 UNIVERSITY BLVD	LYNCHBURG	VA	24515	461340766	MUSIC EDUCATION	VA	$118,887	$86,147	LIBERTY UNIVERSITY INC
LIBERTY HEALTH SERVICES LLC
1971 UNIVERSITY BLVD	LYNCHBURG	VA	24515	475575947	MEDICAL HEALTH EDUCATION	VA	$45,314	$2,159,222	LIBERTY UNIVERSITY INC

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (3 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	EINEIN	Primary ActivitiesPrimaryActivitiesTxt	Legal Domicile StateLegalDomicileStateCd	Exempt Code SectionExemptCodeSectionTxt	Public Charity StatusPublicCharityStatusTxt	Controlled OrganizationControlledOrganizationInd	Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt
THOMAS ROAD BAPTIST CHURCH CORPORATION
1971 UNIVERSITY BLVD	LYNCHBURG	VA	24515	260061907	RELIGIOUS	VA	501(C)(3)	LINE 1	0
LIBERTY UNIVERSITY FOUNDATION
1971 UNIVERSITY BLVD	LYNCHBURG	VA	24515	541939910	RELIGIOUS	DC	501(C)(3)	LINE 9	Yes (1)	LIBERTY UNIVERSITY INC
OLD TIME GOSPEL HOUR
1971 UNIVERSITY BLVD	LYNCHBURG	VA	24515	237293001	RELIGIOUS	VA	501(C)(3)	LINE 1	Yes (1)	LIBERTY UNIVERSITY INC

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	$868,950	ShareOfTotalIncomeAmt
Share Of EOY Assets	$41,151,488	ShareOfEOYAssetsAmt
Disproportionate Allocations	0	DisproportionateAllocationsInd
UBI Code V	$23,128	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	$5,209	$5,678,841	1.00000	Yes (1)
LIBERTY MOUNTAIN CAPITAL INC
1971 UNIVERSITY BLVD	LYNCHBURG	VA	24515	272376207	INVESTMENT HOLDINGS COMPANY	VA	LIBERTY UNIVERSITY INC	C	$59,651	$381,503	1.00000	Yes (1)
G&J THOMAS INC
PO BOX 228	FOREST	VA	24551	450596703	STUDENT HOUSING	VA	LIBERTY UNIVERSITY INC	S	$67,748	$5,050,992	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	Yes (1)	AssetPurchaseFromOtherOrgInd
Asset Exchange	Yes (1)	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	Yes (1)	ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org	0	ReimbursementPaidByOtherOrgInd
Transfer To Other Org	0	TransferToOtherOrgInd
Transfer From Other Org	0	TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp

Other Organization Name OtherOrganizationName

Field	Value	IRS element (for citing)
Business Name Line1	FREEDOM AVIATION	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Transaction Type	A	TransactionTypeTxt
Involved	$204,196	InvolvedAmt
Method Of Amount Determination	ACCRUAL	MethodOfAmountDeterminationTxt