WASHINGTON & LEE UNIVERSITY: Form 990, tax year 2015

View the entire original 990 at ProPublica ↗

Organization: WASHINGTON & LEE UNIVERSITY (EIN 54-0505977)
Tax period: 2015-07-01 to 2016-06-30
Filed: 2017-03-03
IRS object ID: 201720629349300907
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 I
Schedule J
Schedule K
Schedule K
Schedule L
Schedule M
Schedule O
Schedule R

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2017-03-03T12:19:14-06:00	ReturnTs
Tax Period End	2016-06-30	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	KPMG LLP	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	1676 INTERNATIONAL DRIVE	AddressLine1Txt
City	McLean	CityNm
State Abbreviation	VA	StateAbbreviationCd
ZIP	22102	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	540505977	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	Washington and Lee University	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
In Care Of	% DEBORAH Z CAYLOR	InCareOfNm
Business Name Control	WASH	BusinessNameControlTxt
Phone	5404588400	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	204 W Washington Street	AddressLine1Txt
City	Lexington	CityNm
State Abbreviation	VA	StateAbbreviationCd
ZIP	24450	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	STEVEN G MCALLISTER	PersonNm
Person Title	VP FOR FIN AND TREAS	PersonTitleTxt
Phone	5404588400	PhoneNum
Signature	2017-02-28	SignatureDt
Discuss With Paid Preparer	Yes (true)	DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	RAYMOND LY	PreparerPersonNm
PTIN	P01205643	PTIN
Phone	7032868000	PhoneNum
Preparation	2017-02-28	PreparationDt

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	Kenneth P Ruscio	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	204 W Washington Street	AddressLine1Txt
City	Lexington	CityNm
State Abbreviation	VA	StateAbbreviationCd
ZIP	24450	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$479,663,389	GrossReceiptsAmt
Group Return For Affiliates	false	GroupReturnForAffiliatesInd
Organization501c3	Yes (X)	Organization501c3Ind
Website Address	www.wlu.edu	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	1749	FormationYr
Legal Domicile State	VA	LegalDomicileStateCd
Activity Or Mission	Washington and Lee provides a liberal arts college education to over 1,800 undergraduate students & offers JD & LLM degrees to over 300 law students each year.	ActivityOrMissionDesc
Voting Members Governing Body	38	VotingMembersGoverningBodyCnt
Voting Members Independent	37	VotingMembersIndependentCnt
Total Employee	2497	TotalEmployeeCnt
Total Volunteers	1610	TotalVolunteersCnt
Total Gross UBI	$3,086,874	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$2,146,560	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$64,119,681	PYContributionsGrantsAmt
CY Contributions Grants	$19,777,347	CYContributionsGrantsAmt
PY Program Service Revenue	$121,100,904	PYProgramServiceRevenueAmt
CY Program Service Revenue	$118,023,107	CYProgramServiceRevenueAmt
PY Investment Income	$51,885,435	PYInvestmentIncomeAmt
CY Investment Income	$70,333,802	CYInvestmentIncomeAmt
PY Other Revenue	$35,451	PYOtherRevenueAmt
CY Other Revenue	$39,434	CYOtherRevenueAmt
PY Total Revenue	$237,141,471	PYTotalRevenueAmt
CY Total Revenue	$208,173,690	CYTotalRevenueAmt
PY Grants And Similar Paid	$44,769,078	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$42,925,312	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$0	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$93,024,262	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$95,778,800	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$0	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$6,532,589	CYTotalFundraisingExpenseAmt
PY Other Expenses	$61,458,391	PYOtherExpensesAmt
CY Other Expenses	$63,656,641	CYOtherExpensesAmt
PY Total Expenses	$199,251,731	PYTotalExpensesAmt
CY Total Expenses	$202,360,753	CYTotalExpensesAmt
PY Revenues Less Expenses	$37,889,740	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$5,812,937	CYRevenuesLessExpensesAmt
Total Assets BOY	$1,965,589,597	TotalAssetsBOYAmt
Total Assets EOY	$1,948,547,262	TotalAssetsEOYAmt
Total Liabilities BOY	$275,949,388	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$272,362,201	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$1,689,640,209	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$1,676,185,061	NetAssetsOrFundBalancesEOYAmt
Mission	SEE SCHEDULE O.	MissionDesc
Significant New Program Srvc	false	SignificantNewProgramSrvcInd
Significant Change	false	SignificantChangeInd
Activity	611310	ActivityCd
Expense	$150,039,614	ExpenseAmt
Grant	$42,408,599	GrantAmt
Revenue	$208,173,690	RevenueAmt
Desc	PROVIDING A LIBERAL ARTS COLLEGE EDUCATION - SEE SCHEDULE O.	Desc
Total Program Service Expenses	$150,039,614	TotalProgramServiceExpensesAmt
Described In Section501c3	Yes (true)	DescribedInSection501c3Ind
Schedule B Required	Yes (true)	ScheduleBRequiredInd
Political Campaign Acty	false	PoliticalCampaignActyInd
Lobbying Activities	Yes (true)	LobbyingActivitiesInd
Subject To Proxy Tax	false	SubjectToProxyTaxInd
Donor Advised Fund	false	DonorAdvisedFundInd
Conservation Easements	Yes (true)	ConservationEasementsInd
Collections Of Art	Yes (true)	CollectionsOfArtInd
Credit Counseling	false	CreditCounselingInd
Temp Or Permanent Endowments	Yes (true)	TempOrPermanentEndowmentsInd
Report Land Building Equipment	Yes (true)	ReportLandBuildingEquipmentInd
Report Investments Other Sec	Yes (true)	ReportInvestmentsOtherSecInd
Report Program Related Invst	false	ReportProgramRelatedInvstInd
Report Other Assets	false	ReportOtherAssetsInd
Report Other Liabilities	Yes (true)	ReportOtherLiabilitiesInd
Include FIN48 Footnote	Yes (true)	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	false	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	Yes (true)	ConsolidatedAuditFinclStmtInd
School Operating	Yes (true)	SchoolOperatingInd
Foreign Office	false	ForeignOfficeInd
Foreign Activities	false	ForeignActivitiesInd
More Than5000 K To Org	false	MoreThan5000KToOrgInd
More Than5000 K To Individuals	Yes (true)	MoreThan5000KToIndividualsInd
Professional Fundraising	false	ProfessionalFundraisingInd
Fundraising Activities	false	FundraisingActivitiesInd
Gaming Activities	false	GamingActivitiesInd
Operate Hospital	false	OperateHospitalInd
Grants To Organizations	Yes (true)	GrantsToOrganizationsInd
Grants To Individuals	Yes (true)	GrantsToIndividualsInd
Schedule J Required	Yes (true)	ScheduleJRequiredInd
Tax Exempt Bonds	Yes (true)	TaxExemptBondsInd
Invest Tax Exempt Bonds	false	InvestTaxExemptBondsInd
Escrow Account	false	EscrowAccountInd
On Behalf Of Issuer	false	OnBehalfOfIssuerInd
Engaged In Excess Benefit Trans	false	EngagedInExcessBenefitTransInd
PY Excess Benefit Trans	false	PYExcessBenefitTransInd
Loan Outstanding	Yes (true)	LoanOutstandingInd
Grant To Related Person	false	GrantToRelatedPersonInd
Business Rln With Org Mem	false	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	false	BusinessRlnWithFamMemInd
Business Rln With Officer Ent	false	BusinessRlnWithOfficerEntInd
Deductible Non Cash Contri	Yes (true)	DeductibleNonCashContriInd
Deductible Art Contribution	Yes (true)	DeductibleArtContributionInd
Terminate Operations	false	TerminateOperationsInd
Partial Liquidation	false	PartialLiquidationInd
Disregarded Entity	false	DisregardedEntityInd
Related Entity	Yes (true)	RelatedEntityInd
Related Organization Ctrl Ent	false	RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org	false	TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp	false	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (true)	ScheduleORequiredInd
IRP Document	3934	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Backup Wthld Compliance	Yes (true)	BackupWthldComplianceInd
Employee	2497	EmployeeCnt
Employment Tax Returns Filed	Yes (true)	EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit	Yes (true)	UnrelatedBusIncmOverLimitInd
Form990 T Filed	Yes (true)	Form990TFiledInd
Foreign Financial Account	Yes (true)	ForeignFinancialAccountInd
Foreign Country	CJ	ForeignCountryCd
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTransInd
Taxable Party Notification	false	TaxablePartyNotificationInd
Nondeductible Contributions	false	NondeductibleContributionsInd
Quid Pro Quo Contributions	false	QuidProQuoContributionsInd
Form8282 Property Disposed Of	false	Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	false	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	false	PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services	false	IndoorTanningServicesInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	38	GoverningBodyVotingMembersCnt
Independent Voting Member	37	IndependentVotingMemberCnt
Family Or Business Rln	Yes (true)	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	false	DelegationOfMgmtDutiesInd
Change To Org Documents	false	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	false	MaterialDiversionOrMisuseInd
Members Or Stockholders	false	MembersOrStockholdersInd
Election Of Board Members	false	ElectionOfBoardMembersInd
Decisions Subject To Approva	false	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	Yes (true)	MinutesOfGoverningBodyInd
Minutes Of Committees	Yes (true)	MinutesOfCommitteesInd
Officer Mailing Address	false	OfficerMailingAddressInd
Local Chapters	false	LocalChaptersInd
Form990 Provided To Gvrn Body	Yes (true)	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	Yes (true)	ConflictOfInterestPolicyInd
Annual Disclosure Covered Prsn	Yes (true)	AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc	Yes (true)	RegularMonitoringEnfrcInd
Whistleblower Policy	Yes (true)	WhistleblowerPolicyInd
Document Retention Policy	Yes (true)	DocumentRetentionPolicyInd
Compensation Process CEO	Yes (true)	CompensationProcessCEOInd
Compensation Process Other	false	CompensationProcessOtherInd
Investment In Joint Venture	false	InvestmentInJointVentureInd
States Where Copy Of Return Is Fld	VA	StatesWhereCopyOfReturnIsFldCd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Field	Value	IRS element (for citing)
Person	DEBORAH Z CAYLOR	PersonNm
Phone	5404588400	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	204 W WASHINGTON STREET	AddressLine1Txt
City	Lexington	CityNm
State Abbreviation	VA	StateAbbreviationCd
ZIP	244502116	ZIPCd

Field	Value	IRS element (for citing)
Info In Schedule O Part VII	Yes (X)	InfoInScheduleOPartVIIInd

Form990 Part VII Section A Form990PartVIISectionAGrp (49 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt	OfficerOfficerInd	Key EmployeeKeyEmployeeInd	Highest Compensated EmployeeHighestCompensatedEmployeeInd
J DONALD CHILDRESS
Rector	6.0	0.0	Yes (X)	$0	$0	$0
JAMES L BALDWIN
Trustee	4.0	0.0	Yes (X)	$0	$0	$0
DANA J BOLDEN
Trustee	4.0	0.0	Yes (X)	$0	$0	$0
JOHN P CASE III
Trustee	4.0	0.0	Yes (X)	$0	$0	$0
MARY C CHOKSI
Trustee	4.0	0.0	Yes (X)	$0	$0	$0
FREDERICK E COOPER
Trustee	4.0	0.0	Yes (X)	$0	$0	$0
J LAWRENCE CONNOLLY
Trustee	4.0	0.0	Yes (X)	$0	$0	$0
ROGERS L CRAIN
Trustee	4.0	0.0	Yes (X)	$0	$0	$0
BLAIR H DAVIS
Trustee	4.0	0.0	Yes (X)	$0	$0	$0
JAMES E DUNN JR
Trustee	4.0	0.0	Yes (X)	$0	$0	$0
C CHRISTOPHER DYSON
Trustee	4.0	0.0	Yes (X)	$0	$0	$0
DWIGHT H EMANUELSON JR
Trustee	4.0	0.0	Yes (X)	$0	$0	$0
C DOUGLAS FUGE
Trustee	4.0	0.0	Yes (X)	$0	$0	$0
J BAKER GENTRY JR
Trustee	4.0	0.0	Yes (X)	$0	$0	$0
R ALLEN HAIGHT
Trustee	4.0	0.0	Yes (X)	$0	$0	$0
CLAY T JACKSON
Trustee	4.0	0.0	Yes (X)	$0	$0	$0
SALLY P LAWRENCE
Trustee	4.0	0.0	Yes (X)	$0	$0	$0
DAVID A LEHMAN
Trustee	4.0	0.0	Yes (X)	$0	$0	$0
JOSEPH W LUTER IV
Trustee	4.0	0.0	Yes (X)	$0	$0	$0
MICHAEL R MCALEVEY
Trustee	4.0	0.0	Yes (X)	$0	$0	$0
MARSHALL B MILLER JR
Trustee	4.0	0.0	Yes (X)	$0	$0	$0
MICHAEL J MISSAL
Trustee	4.0	0.0	Yes (X)	$0	$0	$0
JESSINE A MONAGHAN
Trustee	4.0	0.0	Yes (X)	$0	$0	$0
B CRAIG OWENS
Trustee	4.0	0.0	Yes (X)	$0	$0	$0
WILLIAM E PRITCHARD III
Trustee	4.0	0.0	Yes (X)	$0	$0	$0
LAURIE A RACHFORD
Trustee	4.0	0.0	Yes (X)	$0	$0	$0
BENNETT L ROSS
Trustee	4.0	0.0	Yes (X)	$0	$0	$0
ROBERT E SADLER JR
Trustee	4.0	0.0	Yes (X)	$0	$0	$0
JAMES R SMALL
Trustee	4.0	0.0	Yes (X)	$0	$0	$0
TODD L SUTHERLAND
Trustee	4.0	0.0	Yes (X)	$0	$0	$0
ROWAN GP TAYLOR
Trustee	4.0	0.0	Yes (X)	$0	$0	$0
LIZANNE THOMAS
Trustee	4.0	0.0	Yes (X)	$0	$0	$0
WILLIAM M TOLES
Trustee	4.0	0.0	Yes (X)	$0	$0	$0
ANDREA K WAHLQUIST
Trustee	4.0	0.0	Yes (X)	$0	$0	$0
THOMAS R WALL IV
Trustee	4.0	0.0	Yes (X)	$0	$0	$0
WILLIAM M WEBSTER IV
Trustee	4.0	0.0	Yes (X)	$0	$0	$0
CHRISTOPHER H WILLIAMS
Trustee	4.0	0.0	Yes (X)	$0	$0	$0
KENNETH P RUSCIO
President of the University	40.0	0.0	Yes (X)	$538,023	$0	$111,467	Yes (X)
JAMES D FARRAR JR
Secretary of the University	40.0	0.0		$164,485	$0	$29,468	Yes (X)
STEVEN G MCALLISTER
Vice President	40.0	0.0		$293,653	$0	$88,695	Yes (X)
DENNIS W CROSS
Vice President	40.0	0.0		$352,385	$0	$90,586		Yes (X)
BRANT J HELLWIG
Dean	40.0	0.0		$276,781	$0	$29,158		Yes (X)
DANIEL A WUBAH
Provost	40.0	0.0		$305,599	$0	$41,619		Yes (X)
JOHN H HOOGAKKER
Executive Director	40.0	0.0		$229,667	$0	$30,855		Yes (X)
NORA VERENA DEMLEITNER
Law Professor	40.0	0.0		$340,252	$0	$41,245			Yes (X)
DAVID MILLON
Law Professor	40.0	0.0		$312,262	$0	$40,861			Yes (X)
JAMES E MOLITERNO
Law Professor	40.0	0.0		$306,332	$0	$39,408			Yes (X)
ROBERT D STRAUGHAN
Dean	40.0	0.0		$228,434	$0	$64,497			Yes (X)
BRIAN C MURCHISON
Law Professor	40.0	0.0		$328,634	$0	$38,274			Yes (X)

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$3,676,507	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$0	TotReportableCompRltdOrgAmt
Total Other Compensation	$646,133	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	176	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	false	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	Yes (true)	TotalCompGreaterThan150KInd
Compensation From Other Srcs	false	CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1Txt	CityContractorAddress/USAddress/CityNm	State AbbreviationContractorAddress/USAddress/StateAbbreviationCd	ZIPContractorAddress/USAddress/ZIPCd	ServicesServicesDesc	CompensationCompensationAmt
Kjellstrom Lee Inc
1607 OWNBY LANE	RICHMOND	VA	23220	CONSTRUCTION	$30,922,614
The Whiting-Turner Contracting Co
3000 E JOPPA ROAD	BALTIMORE	MD	21286	CONSTRUCTION	$11,903,875
Branch Associates Inc
5732 AIRPORT ROAD NORTHWEST	ROANOKE	VA	24012	CONSTRUCTION	$7,318,979
Taylor Parrish Inc
710 PERRY ST	RICHMOND	VA	23224	CONSTRUCTION	$6,103,705
MAKENA CAPITAL LP
2755 SAND HILL ROAD	MENLO PARK	CA	94025	INVESTMENT MGMT	$4,942,438

Field	Value	IRS element (for citing)
Cntrct Rcvd Greater Than100 K	34	CntrctRcvdGreaterThan100KCnt
Government Grants	$1,218,707	GovernmentGrantsAmt
All Other Contributions	$18,558,640	AllOtherContributionsAmt
Total Contributions	$19,777,347	TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (3 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt	Unrelated Business RevenueUnrelatedBusinessRevenueAmt
Tuition and Fees	611710	$97,767,188	$97,485,616	$281,572
Auxiliary Services	611710	$19,486,461	$19,486,461
Other Miscellaneous Income	611710	$769,458	$150,804	$618,654

Field	Value	IRS element (for citing)
Total Program Service Revenue	$118,023,107	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$715,946	TotalRevenueColumnAmt
Exclusion	$715,946	ExclusionAmt

Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$0	TotalRevenueColumnAmt

Royalties Revenue RoyaltiesRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$39,434	TotalRevenueColumnAmt
Exclusion	$39,434	ExclusionAmt

Rental Income Or Loss RentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Real	$0	RealAmt
Personal	$0	PersonalAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$0	TotalRevenueColumnAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

Field	Value	IRS element (for citing)
Securities	$341,107,555	SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

Field	Value	IRS element (for citing)
Securities	$271,489,699	SecuritiesAmt

Gain Or Loss GainOrLossGrp

Field	Value	IRS element (for citing)
Securities	$69,617,856	SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$69,617,856	TotalRevenueColumnAmt
Unrelated Business Revenue	$2,186,648	UnrelatedBusinessRevenueAmt
Exclusion	$67,431,208	ExclusionAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$0	TotalRevenueColumnAmt

Net Income From Gaming NetIncomeFromGamingGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$0	TotalRevenueColumnAmt

Net Income Or Loss NetIncomeOrLossGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$0	TotalRevenueColumnAmt

Field	Value	IRS element (for citing)
Other Revenue Total	$0	OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$208,173,690	TotalRevenueColumnAmt
Related Or Exempt Func Income	$117,122,881	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$3,086,874	UnrelatedBusinessRevenueAmt
Exclusion	$68,186,588	ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

Field	Value	IRS element (for citing)
Total	$516,713	TotalAmt
Program Services	$516,713	ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

Field	Value	IRS element (for citing)
Total	$39,209,616	TotalAmt
Program Services	$39,209,616	ProgramServicesAmt

Foreign Grants ForeignGrantsGrp

Field	Value	IRS element (for citing)
Total	$3,198,983	TotalAmt
Program Services	$3,198,983	ProgramServicesAmt

Benefits To Members BenefitsToMembersGrp

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

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

Field	Value	IRS element (for citing)
Total	$4,255,426	TotalAmt
Program Services	$1,329,909	ProgramServicesAmt
Management And General	$2,479,818	ManagementAndGeneralAmt
Fundraising	$445,699	FundraisingAmt

Comp Disqual Persons CompDisqualPersonsGrp

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

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$68,264,527	TotalAmt
Program Services	$54,861,822	ProgramServicesAmt
Management And General	$10,221,611	ManagementAndGeneralAmt
Fundraising	$3,181,094	FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

Field	Value	IRS element (for citing)
Total	$7,070,393	TotalAmt
Program Services	$4,746,357	ProgramServicesAmt
Management And General	$1,995,602	ManagementAndGeneralAmt
Fundraising	$328,434	FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$11,367,643	TotalAmt
Program Services	$8,325,001	ProgramServicesAmt
Management And General	$2,579,660	ManagementAndGeneralAmt
Fundraising	$462,982	FundraisingAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$4,820,811	TotalAmt
Program Services	$3,744,283	ProgramServicesAmt
Management And General	$837,885	ManagementAndGeneralAmt
Fundraising	$238,643	FundraisingAmt

Fees For Services Management FeesForServicesManagementGrp

Field	Value	IRS element (for citing)
Total	$535,723	TotalAmt
Program Services	$114,992	ProgramServicesAmt
Management And General	$420,731	ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

Field	Value	IRS element (for citing)
Total	$22,593	TotalAmt
Program Services	$4,850	ProgramServicesAmt
Management And General	$17,743	ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$118,743	TotalAmt
Program Services	$25,488	ProgramServicesAmt
Management And General	$93,255	ManagementAndGeneralAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

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

Fees For Services Prof Fundraising FeesForServicesProfFundraising

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

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

Field	Value	IRS element (for citing)
Total	$6,133,566	TotalAmt
Program Services	$1,316,557	ProgramServicesAmt
Management And General	$4,817,009	ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

Field	Value	IRS element (for citing)
Total	$528,152	TotalAmt
Program Services	$151,391	ProgramServicesAmt
Management And General	$213,054	ManagementAndGeneralAmt
Fundraising	$163,707	FundraisingAmt

Advertising AdvertisingGrp

Field	Value	IRS element (for citing)
Total	$71,599	TotalAmt
Program Services	$51,136	ProgramServicesAmt
Management And General	$20,347	ManagementAndGeneralAmt
Fundraising	$116	FundraisingAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$2,925,976	TotalAmt
Program Services	$2,226,352	ProgramServicesAmt
Management And General	$657,754	ManagementAndGeneralAmt
Fundraising	$41,870	FundraisingAmt

Information Technology InformationTechnologyGrp

Field	Value	IRS element (for citing)
Total	$3,749,068	TotalAmt
Program Services	$2,897,280	ProgramServicesAmt
Management And General	$833,755	ManagementAndGeneralAmt
Fundraising	$18,033	FundraisingAmt

Royalties RoyaltiesGrp

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

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$6,052,955	TotalAmt
Program Services	$2,865,114	ProgramServicesAmt
Management And General	$3,144,693	ManagementAndGeneralAmt
Fundraising	$43,148	FundraisingAmt

Travel TravelGrp

Field	Value	IRS element (for citing)
Total	$6,605,108	TotalAmt
Program Services	$4,633,359	ProgramServicesAmt
Management And General	$1,004,250	ManagementAndGeneralAmt
Fundraising	$967,499	FundraisingAmt

Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp

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

Conferences Meetings ConferencesMeetingsGrp

Field	Value	IRS element (for citing)
Total	$3,279,108	TotalAmt
Program Services	$3,086,591	ProgramServicesAmt
Management And General	$159,109	ManagementAndGeneralAmt
Fundraising	$33,408	FundraisingAmt

Interest InterestGrp

Field	Value	IRS element (for citing)
Total	$6,992,427	TotalAmt
Program Services	$4,326,914	ProgramServicesAmt
Management And General	$2,665,513	ManagementAndGeneralAmt

Payments To Affiliates PaymentsToAffiliatesGrp

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

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$13,977,537	TotalAmt
Program Services	$8,649,300	ProgramServicesAmt
Management And General	$5,328,237	ManagementAndGeneralAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$1,146,796	TotalAmt
Program Services	$278,093	ProgramServicesAmt
Management And General	$868,703	ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt	Management And GeneralManagementAndGeneralAmt	Program ServicesProgramServicesAmt	FundraisingFundraisingAmt
Cost of Sales for Auxiliary	$5,060,360	$5,060,360
Postage and Printing	$2,357,177	$513,196	$1,590,828	$253,153
Dues and Subscriptions	$1,859,329	$181,248	$1,672,464	$5,617
All Other Expenses	$2,240,424	$1,675,017	$216,221	$349,186

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$202,360,753	TotalAmt
Program Services	$150,039,614	ProgramServicesAmt
Management And General	$45,788,550	ManagementAndGeneralAmt
Fundraising	$6,532,589	FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$15,841	BOYAmt
EOY	$17,546	EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
BOY	$9,037,781	BOYAmt
EOY	$13,412,393	EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$73,471,276	BOYAmt
EOY	$58,129,838	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$2,073,366	BOYAmt
EOY	$1,787,272	EOYAmt

Receivables From Officers Etc ReceivablesFromOfficersEtcGrp

Field	Value	IRS element (for citing)
BOY	$1,506,500	BOYAmt
EOY	$1,198,185	EOYAmt

Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp

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

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

Field	Value	IRS element (for citing)
BOY	$52,111,122	BOYAmt
EOY	$55,736,888	EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

Field	Value	IRS element (for citing)
BOY	$1,301,732	BOYAmt
EOY	$1,378,475	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$4,114,147	BOYAmt
EOY	$3,486,859	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$503,676,457	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$198,132,671	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$253,180,584	BOYAmt
EOY	$305,543,786	EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

Field	Value	IRS element (for citing)
BOY	$274,235,771	BOYAmt
EOY	$259,593,347	EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

Field	Value	IRS element (for citing)
BOY	$1,208,371,221	BOYAmt
EOY	$1,215,430,428	EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

Field	Value	IRS element (for citing)
BOY	$18,488,358	BOYAmt
EOY	$15,555,208	EOYAmt

Intangible Assets IntangibleAssetsGrp

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

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$67,681,898	BOYAmt
EOY	$17,277,037	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$1,965,589,597	BOYAmt
EOY	$1,948,547,262	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$15,619,630	BOYAmt
EOY	$18,141,738	EOYAmt

Grants Payable GrantsPayableGrp

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

Deferred Revenue DeferredRevenueGrp

Field	Value	IRS element (for citing)
BOY	$2,501,872	BOYAmt
EOY	$2,121,262	EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$201,235,776	BOYAmt
EOY	$196,527,319	EOYAmt

Escrow Account Liability EscrowAccountLiabilityGrp

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

Loans From Officers Directors LoansFromOfficersDirectorsGrp

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

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

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

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

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

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$56,592,110	BOYAmt
EOY	$55,571,882	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$275,949,388	BOYAmt
EOY	$272,362,201	EOYAmt

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

Unrestricted Net Assets UnrestrictedNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$334,373,651	BOYAmt
EOY	$332,630,286	EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$455,713,222	BOYAmt
EOY	$378,533,409	EOYAmt

Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$899,553,336	BOYAmt
EOY	$965,021,366	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$1,689,640,209	BOYAmt
EOY	$1,676,185,061	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$1,965,589,597	BOYAmt
EOY	$1,948,547,262	EOYAmt

Field	Value	IRS element (for citing)
Reconcilation Revenue Expnss	$5,812,937	ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst	-$19,268,085	NetUnrlzdGainsLossesInvstAmt
Info In Schedule O Part XII	Yes (X)	InfoInScheduleOPartXIIInd
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd
Accountant Compile Or Review	false	AccountantCompileOrReviewInd
FS Audited	Yes (true)	FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

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

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

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
School	Yes (X)	SchoolInd

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$36,363,544	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$55,445,299	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$40,372,780	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$64,119,681	CurrentTaxYearMinus1YearAmt
Current Tax Year	$19,777,347	CurrentTaxYearAmt
Total	$216,078,651	TotalAmt

Tax Rev Levied Orgnztnl Bnft170 TaxRevLeviedOrgnztnlBnft170Grp

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

Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp

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

Total Calendar Year170 TotalCalendarYear170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$36,363,544	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$55,445,299	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$40,372,780	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$64,119,681	CurrentTaxYearMinus1YearAmt
Current Tax Year	$19,777,347	CurrentTaxYearAmt
Total	$216,078,651	TotalAmt

Field	Value	IRS element (for citing)
Substantial Contributors Tot	$91,667,051	SubstantialContributorsTotAmt
Public Support Total170	$124,411,600	PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$1,109,508	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$1,331,387	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$1,260,730	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$1,036,258	CurrentTaxYearMinus1YearAmt
Current Tax Year	$755,380	CurrentTaxYearAmt
Total	$5,493,263	TotalAmt

Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$780,522	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$1,556,620	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$1,880,764	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$2,780,802	CurrentTaxYearMinus1YearAmt
Current Tax Year	$2,500,000	CurrentTaxYearAmt
Total	$9,498,708	TotalAmt

Other Income170 OtherIncome170Grp

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

Field	Value	IRS element (for citing)
Total Support	$231,070,622	TotalSupportAmt
Public Support CY170	0.53841	PublicSupportCY170Pct
Public Support PY170	0.60680	PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170	Yes (X)	ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

Field	Value	IRS element (for citing)
Contributor	RESTRICTED	ContributorNum

Contributor Business Name ContributorBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	RESTRICTED	BusinessNameLine1

Contributor US Address ContributorUSAddress

Field	Value	IRS element (for citing)
Address Line1	RESTRICTED	AddressLine1
Address Line2	RESTRICTED	AddressLine2
City	RESTRICTED	City
State	RESTRICTED	State
ZIP Code	RESTRICTED	ZIPCode

Field	Value	IRS element (for citing)
Total Contributions	RESTRICTED	TotalContributionsAmt

Schedule C IRS990ScheduleC

Field	Value	IRS element (for citing)
Total Grassroots Lobbying		TotalGrassrootsLobbyingGrp
Total Direct Lobbying		TotalDirectLobbyingGrp
Total Lobbying Expend		TotalLobbyingExpendGrp
Other Exempt Purpose Expend		OtherExemptPurposeExpendGrp
Total Exempt Purpose Expend		TotalExemptPurposeExpendGrp
Lobbying Nontaxable Amount		LobbyingNontaxableAmountGrp
Grassroots Nontaxable		GrassrootsNontaxableGrp
Tot Lbbyng Grassroot Mns Non Tx		TotLbbyngGrassrootMnsNonTxGrp
Tot Lbby Expend Mns Lbbyng Non Tx		TotLbbyExpendMnsLbbyngNonTxGrp
Volunteers	false	VolunteersInd
Paid Staff Or Management	false	PaidStaffOrManagementInd
Media Advertisements	false	MediaAdvertisementsInd
Mailings Members	false	MailingsMembersInd
Publications Or Broadcast	false	PublicationsOrBroadcastInd
Grants Other Organizations	false	GrantsOtherOrganizationsInd
Direct Contact Legislators	false	DirectContactLegislatorsInd
Rallies Demonstrations	false	RalliesDemonstrationsInd
Other Activities	Yes (true)	OtherActivitiesInd
Other Activities	$269,662	OtherActivitiesAmt
Total Lobbying Expenditures	$269,662	TotalLobbyingExpendituresAmt
Not Described Section501c3	false	NotDescribedSection501c3Ind

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	Schedule C, Part II-B, Line 1i	FormAndLineReferenceDesc
Explanation	THE ORGANIZATION PAYS MEMBERSHIP DUES TO MEMBER EDUCATIONAL ORGANIZATIONS INCLUDING CICV (COUNCIL OF INDEPENDENT COLLEGES IN VIRGINIA) AND ASC (ASSOCIATED COLLEGES OF THE SOUTH) WHICH MAY ENGAGE IN LOBBYING ACTIVITIES. THEREFORE A PORTION OF THE DUES MAY BE ATTRIBUTABLE TO DE MINIMUS LOBBYING ACTIVITIES.	ExplanationTxt

Schedule D IRS990ScheduleD

Field	Value	IRS element (for citing)
Protection Natural Habitat	Yes (X)	ProtectionNaturalHabitatInd
Preservation Open Space	Yes (X)	PreservationOpenSpaceInd
Total Easements	1	TotalEasementsCnt
Total Acreage	69.00	TotalAcreageCnt
States Easements Held	1	StatesEasementsHeldCnt
Written Policy Monitoring	false	WrittenPolicyMonitoringInd

Art Public Exhibition Amounts ArtPublicExhibitionAmountsGrp

Field	Value	IRS element (for citing)
Revenues Included	$104,350	RevenuesIncludedAmt
Assets Included	$4,111,280	AssetsIncludedAmt

Field	Value	IRS element (for citing)
Held Works Art		HeldWorksArtGrp
Collection Used Pub Exhibition	Yes (X)	CollectionUsedPubExhibitionInd
Coll Used Scholarly Rsrch	Yes (X)	CollUsedScholarlyRsrchInd
Collection Used Preservation	Yes (X)	CollectionUsedPreservationInd
Coll Used Loan Or Exch Prog	Yes (X)	CollUsedLoanOrExchProgInd
Solicited Assets Sale	false	SolicitedAssetsSaleInd
Incl Escrow Custodial Acct Liab	false	InclEscrowCustodialAcctLiabInd

CY Endwmt Fund CYEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$1,047,786,882	BeginningYearBalanceAmt
Contributions	$17,644,572	ContributionsAmt
Investment Earnings Or Losses	-$21,433,971	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$24,998,305	GrantsOrScholarshipsAmt
Other Expenditures	$22,964,842	OtherExpendituresAmt
Administrative Expenses	$650,975	AdministrativeExpensesAmt
End Year Balance	$995,383,361	EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$1,026,155,485	BeginningYearBalanceAmt
Contributions	$14,587,468	ContributionsAmt
Investment Earnings Or Losses	$50,862,611	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$22,693,864	GrantsOrScholarshipsAmt
Other Expenditures	$19,732,434	OtherExpendituresAmt
Administrative Expenses	$1,392,384	AdministrativeExpensesAmt
End Year Balance	$1,047,786,882	EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$915,770,122	BeginningYearBalanceAmt
Contributions	$20,451,320	ContributionsAmt
Investment Earnings Or Losses	$131,552,378	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$22,009,313	GrantsOrScholarshipsAmt
Other Expenditures	$18,499,015	OtherExpendituresAmt
Administrative Expenses	$1,110,007	AdministrativeExpensesAmt
End Year Balance	$1,026,155,485	EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$837,376,444	BeginningYearBalanceAmt
Contributions	$36,616,570	ContributionsAmt
Investment Earnings Or Losses	$80,728,579	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$21,051,995	GrantsOrScholarshipsAmt
Other Expenditures	$17,065,077	OtherExpendituresAmt
Administrative Expenses	$834,399	AdministrativeExpensesAmt
End Year Balance	$915,770,122	EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$843,495,312	BeginningYearBalanceAmt
Contributions	$21,004,089	ContributionsAmt
Investment Earnings Or Losses	$9,296,583	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$19,867,458	GrantsOrScholarshipsAmt
Other Expenditures	$15,938,352	OtherExpendituresAmt
Administrative Expenses	$613,730	AdministrativeExpensesAmt
End Year Balance	$837,376,444	EndYearBalanceAmt

Field	Value	IRS element (for citing)
Board Designated Balance EOY	0.24000	BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY	0.43000	PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY	0.33000	TermEndowmentBalanceEOYPct
Endowments Held Unrelated Org	Yes (true)	EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org	false	EndowmentsHeldRelatedOrgInd

Land LandGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$6,123,664	OtherCostOrOtherBasisAmt
Book Value	$6,123,664	BookValueAmt

Buildings BuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$402,070,724	OtherCostOrOtherBasisAmt
Depreciation	$147,500,533	DepreciationAmt
Book Value	$254,570,191	BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$16,004,785	OtherCostOrOtherBasisAmt
Depreciation	$5,727,750	DepreciationAmt
Book Value	$10,277,035	BookValueAmt

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$56,904,547	OtherCostOrOtherBasisAmt
Depreciation	$39,333,897	DepreciationAmt
Book Value	$17,570,650	BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$22,572,736	OtherCostOrOtherBasisAmt
Depreciation	$5,570,490	DepreciationAmt
Book Value	$17,002,246	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$305,543,786	TotalBookValueLandBuildingsAmt
Financial Derivatives		FinancialDerivativesGrp
Closely Held Equity Interests		CloselyHeldEquityInterestsGrp

Other Securities OtherSecuritiesGrp (2 entries)

DescDesc	Book ValueBookValueAmt	Method ValuationMethodValuationCd
LIMITED PARTNERSHIP INTERESTS	$738,328,809	F
FUNDS HELD IN TRUST BY OTHERS	$477,101,619	F

Field	Value	IRS element (for citing)
Total Book Value Securities	$1,215,430,428	TotalBookValueSecuritiesAmt
Federal Income Tax Liability	$0	FederalIncomeTaxLiabilityAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (6 entries)

DescDesc	AmtAmt
STUDENT AND OTHER DEPOSITS	$588,473
U.S. GOVERNMENT GRANTS REFUNDA	$2,025,452
SPLIT INTEREST AGREEMENT OBLIG	$32,082,924
POSTRETIREMENT BENEFIT OBLIGAT	$18,329,340
ASSET RETIREMENT OBLIGATIONS	$1,251,411
CAPITAL LEASE OBLIGATIONS	$1,294,282

Field	Value	IRS element (for citing)
Total Liability	$55,571,882	TotalLiabilityAmt
Footnote Text	Yes (X)	FootnoteTextInd

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
SCHEDULE D - SUPPLEMENTAL INFO	PART II QUESTION 9 THE SINGLE CONSERVATION EASEMENT HELD BY THE UNIVERSITY WAS AQUIRED THROUGH THE PURCHASE OF PROPERTY ADJACENT TO THE UNIVERSITY IN DECEMBER 2010. THE PROPERTY IS HELD AS LAND ON THE BOOKS OF THE UNIVERSITY AND THUS NOT DEPRECIATED. NO REVENUE IS EARNED FROM THE PROPERTY. MAINTENANCE COSTS ARE INCURRED AS NORMAL OPERATING EXPENSES OF THE UNIVERSITY.
PART III, Q4	PROVIDE A DESCRIPTION OF THE ORGANIZATIONS COLLECTIONS AND EXPLAIN HOW THEY FURTHER THE ORGANIZATION'S EXEMPT PURPOSE: THE UNIVERSITY COLLECTIONS OF ART AND HISTORY (UCAH) AT WASHINGTON AND LEE UNIVERSITY, WHICH REPORTS TO THE VICE PRESIDENT FOR ADVANCEMENT, SUPPORTS THE UNIVERSITY AS AN INTERDISCIPLINARY TEACHING RESOURCE THROUGH THE PRESERVATION, STUDY, INTERPRETATION AND EXHIBITION OF ITS COLLECTIONS. UCAH IS COMPOSED OF THREE AREAS THAT ARE ADMINISTERED COLLECTIVELY BY THE DIRECTOR OF UCAH: THE LEE CHAPEL & MUSEUM (LC&M) WAS CREATED IN 1928 IN THE LOWER LEVEL OF THE ORIGINAL COLLEGE CHAPEL, WHICH WAS DESIGNATED A NATIONAL HISTORIC LANDMARK IN 1963. THE LEE CHAPEL COLLECTION IS A UNIQUE AND NATIONALLY SIGNIFICANT LEGACY COLLECTION (FORMED EARLY, WITHOUT PLANNING) THAT WAS GIVEN AND BEQUEATHED TO WASHINGTON AND LEE UNIVERSITY BY LEE FAMILY AND FRIENDS, MUCH OF WHICH WAS ACQUIRED BETWEEN 1897 AND 1928. IT INCLUDES THE WASHINGTON-CUSTIS-LEE COLLECTION OF EARLY AMERICAN PORTRAITS, AS WELL AS HISTORICAL OBJECTS (PERSONAL ARTIFACTS, MILITARY EQUIPMENT, MATERIAL CULTURE, AND FURNISHINGS) RELATED TO THESE IMPORTANT VIRGINIA FAMILIES, AND ESPECIALLY TO GEORGE WASHINGTON, BENEFACTOR OF WASHINGTON ACADEMY,AND ROBERT E. LEE, 11 FURNISHINGS AND CONTENTS OF LEE'S OFFICE AS PRESIDENT (1868-1870), AS WELL AS A SMALL COLLECTION OF HISTORICAL OBJECTS RELATED TO THE HISTORY OF WASHINGTON AND LEE UNIVERSITY. THE REEVES CENTER WAS ESTABLISHED IN 1967 FROM A BEQUEST BY EUCHLIN AND LOUISE REEVES. THE REEVES CENTER CARES FOR, DISPLAYS AND INTERPRETS W&L'S CERAMIC COLLECTION. THE REEVES COLLECTION OF CERAMICS CONTAINS OVER 3,000 PIECES OF CERAMICS MADE IN ASIA, EUROPE, AND THE AMERICAS OVER FOUR MILLENNIA. THE COLLECTION HAS TWO AREAS OF SPECIAL STRENGTH: THE COLLECTION OF CHINESE EXPORT PORCELAIN MADE FOR THE EUROPEAN AND AMERICAN MARKET BETWEEN 1500 AND 1900, WHICH IS ESTIMATED TO BE THE FOURTH LARGEST IN THE NATION, AND THE COLLECTION OF BRITISH AND CONTINENTAL EUROPEAN EARTHENWARE, STONEWARE, AND PORCELAIN MADE BETWEEN 1600 AND 1900. THE REEVES ALSO MAINTAINS THE UNIVERSITY'S NON-CERAMIC ASIAN ART, AS WELL AS HOUSES THE GOTTWALD GALLEY, DISPLAYING THE PAINTINGS OF LOUISE HERRESHOFF. THE ART COLLECTION IS HOUSED THROUGHOUT THE UNIVERSITY CAMPUS. IT ORIGINATED IN 1874 WITH A GIFT OF FIVE IMPORTANT EARLY AMERICAN PORTRAITS FROM NEWTON MERCER AND EXPANDED GREATLY IN 1884 FROM A LARGE BEQUEST BY VINCENT BRADFORD. SINCE THAT TIME, THE ART COLLECTIONS INCLUDE A SIGNIFICANT COLLECTION OF WESTERN EUROPEAN AND AMERICAN PAINTINGS, WORKS ON PAPER, AND SCULPTURE, WITH PARTICULAR STRENGTH IN 19TH CENTURY AMERICAN LANDSCAPES AND 20TH CENTURY PRINTS.
PART V, Q4	DESCRIBE THE INTENDED USES OF THE ORGANIZATION'S ENDOWMENT FUND : ENDOWMENT IS A TERM USED COMMONLY TO REFER TO THE RESOURCES THAT HAVE BEEN RESTRICTED BY THE DONOR OR DESIGNATED BY THE BOARD OF TRUSTEES THAT WILL BE INVESTED TO PROVIDE FUTURE REVENUE TO SUPPORT THE UNIVERSITY'S ACTIVITIES. BECAUSE TUITION AND FEES REVENUE DOES NOT COVER THE ENTIRE COST OF EDUCATING A STUDENT, ENDOWMENT FUNDS SUPPLEMENT THE COST OF FACULTY SALARIES AND EDUCATIONAL PROGRAMS. THE ENDOWMENT AND CURRENT CONTRIBUTIONS PROVIDE SCHOLARSHIPS AND FINANCIAL ASSISTANCE TO STUDENTS. THE UNIVERSITY ENDOWMENT ALSO PROVIDES FUNDS FOR THE FOLLOWING AREAS: > LIBRARY MAINTENANCE AND ACQUISITIONS > FACULTY RESEARCH > PROGRAM COSTS FOR AREAS SUCH AS - COMMUNITY LEGAL CLINIC, - THE SHEPHERD POVERTY PROGRAM > ATHLETIC PROGRAMS > BUILDINGS AND GROUNDS MAINTENANCE AND IMPROVEMENTS
PART X, FIN 48 FOOTNOTE FROM AUDITED FINANCIAL STATEMENTS :	THE WASHINGTON AND LEE UNIVERSITY HAS BEEN CLASSIFIED AS AN ORGANIZATION DESCRIBED UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND THUS EXEMPT FROM FEDERAL INCOME TAXES ON ACTIVITIES RELATED TO ITS EXEMPT PURPOSE. THE UNIVERSITY DOES NOT BELIEVE THAT THERE ARE ANY UNRECOGNIZED TAX BENEFITS OR COSTS THAT SHOULD BE RECORDED IN THE CONSOLIDATED FINANCIAL STATEMENTS. ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN REFLECTED IN THE CONSOLIDATED FINANCIAL STATEMENTS. THE INTERNAL REVENUE SERVICE HAS HELD THAT A VIRGINIA LIMITED LIABILITY COMPANY,TREATED AS A PARTNERSHIP FOR STATE INCOME TAX PURPOSES, WOULD ALSO BE TREATED AS A PARTNERSHIP FOR FEDERAL INCOME TAX PURPOSES. THEREFORE, INCOME TAXES ARE NOT PROVIDED WITH RESPECT TO THE OPERATIONS OF COLONNADE RESTORATION, LLC SINCE EACH MEMBER IS RESPONSIBLE FOR THE INCOME TAX CONSEQUENCES ASSOCIATED WITH ITS PROPORTIONATE SHARE OF SUCH OPERATIONS.
PART XII	RECONCILIATION OF REVENUE PER AUDITED FINANCIAL STATEMENTS WITH REVENUE PER RETURN. EXPLANATION FOR OTHER ADJUSTMENTS AND PART XIII -RECONCILIATION: THE UNIVERSITY PROVIDED A TOTAL OF $44,215,218 IN FINANCIAL AID TO STUDENTS, WHICH IS INCLUDED WITH NET REVENUES ON THE AUDITED FINANCIAL STATEMENTS. DONOR FUNDED STUDENT FINANCIAL AID, A REDUCTION TO "TUITION AND FEES" $24,998,305 INSTITUTIONALLY FUNDED STUDENT FINANCIAL AID, A REDUCTION TO "TUITION AND FEES" $15,374,421 INSTITUTIONALLY FUNDED STUDENT FINANCIAL AID, A REDUCTION TO "AUXILIARY ENTERPRISES" $2,035,874 .............. $42,408,600

Schedule E IRS990ScheduleE

Field	Value	IRS element (for citing)
Nondiscriminatory Policy Stmt	Yes (true)	NondiscriminatoryPolicyStmtInd
Policy Stmt In Brochures Etc	Yes (true)	PolicyStmtInBrochuresEtcInd
Plcy Pblczd Via Broadcast Media	Yes (true)	PlcyPblczdViaBroadcastMediaInd
Maintain Racial Comp Recs	Yes (true)	MaintainRacialCompRecsInd
Maintain Scholarships Recs	Yes (true)	MaintainScholarshipsRecsInd
Maintain Cpy Of Brochures Etc	Yes (true)	MaintainCpyOfBrochuresEtcInd
Maintain Cpy Of All Sol	Yes (true)	MaintainCpyOfAllSolInd
Discriminate Race Stdnts Rghts	false	DiscriminateRaceStdntsRghtsInd
Discriminate Race Admiss Plcy	false	DiscriminateRaceAdmissPlcyInd
Discriminate Race Emplm Fculty	false	DiscriminateRaceEmplmFcultyInd
Discriminate Race Schs	false	DiscriminateRaceSchsInd
Discriminate Race Educ Plcy	false	DiscriminateRaceEducPlcyInd
Discriminate Race Use Of Fclts	false	DiscriminateRaceUseOfFcltsInd
Discriminate Race Athlt Prog	false	DiscriminateRaceAthltProgInd
Discriminate Race Other Acty	false	DiscriminateRaceOtherActyInd
Government Financial Aid Rcvd	Yes (true)	GovernmentFinancialAidRcvdInd
Government Financial Aid Rvkd	false	GovernmentFinancialAidRvkdInd
Compliance With Rev Proc7550	Yes (true)	ComplianceWithRevProc7550Ind

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDesc

ExplanationExplanationTxt

PART I, Q3:

ALL POLICIES, INCLUDING THE UNIVERSITY'S NONDISCRIMINATION/EEO STATEMENT ARE POSTED TO THE UNIVERSITY WEB SITE. ALL PROSPECTIVE STUDENTS RECEIVE SOLICITATION MATERIALS THAT STATE THE UNIVERSITIES NONDISCRIMINATION POLICIES, INCLUDING NON-RACIAL DISCRIMINATION. ANNUALLY, THE PRESIDENT OF THE UNIVERSITY BROADCASTS THE NONDISCRIMINATION POLICY AND REINFORCES SUPPORT FOR THE UNIVERSITY COMMUNITY TO FOLLOW POLICY. THERE IS ALSO ONGOING CAMPUS-WIDE ORIENTATION AND TRAINING OCCURS ON WHERE ONE CAN FIND POLICIES AND RESOURCES.

PART I, Q6:

THE UNIVERSITY ADMINISTERS FEDERAL LOAN AND GRANTS TO STUDENTS THROUGH PROGRAMS SUCH AS PELL AND PERKINS. DURING THE TAX YEAR ENDED JUNE 30, 2016, THE UNIVERSITY HOLDS FEDERAL GRANTS WITH DEPARTMENTS SUCH AS THE NATIONAL SCIENCE FOUNDATION, AND U.S. FISH AND WILDLIFE SERVICE.

Schedule F IRS990ScheduleF

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

Account Activities Outside US AccountActivitiesOutsideUSGrp (13 entries)

RegionRegionTxt	Type Of Activities ConductedTypeOfActivitiesConductedTxt	Region Total ExpendituresRegionTotalExpendituresAmt	Specific Services ProvidedSpecificServicesProvidedTxt
Central America and the Caribbean	Grantmaking	$791,908
East Asia and the Pacific	Grantmaking	$307,635
Europe (Including Iceland and Greenland)	Grantmaking	$285,844
Middle East and North Africa	Grantmaking	$168,200
North America	Grantmaking	$102,391
Russia and the Newly Independent States	Grantmaking	$383,146
South America	Grantmaking	$299,478
South Asia	Grantmaking	$626,099
Sub-Saharan Africa	Program Services	$18,612	study abroad
East Asia and the Pacific	Program Services	$386,657	study abroad
Europe (Including Iceland and Greenland)	Program Services	$34,866	study abroad
Sub-Saharan Africa	Program Services	$75,719	study abroad
Central America and the Caribbean	Investments	$8,144,328

Field	Value	IRS element (for citing)
Subtotal Spent	$11,624,883	SubtotalSpentAmt
Total Spent	$11,624,883	TotalSpentAmt

Foreign Individuals Grants ForeignIndividualsGrantsGrp (9 entries)

Type Of AssistanceTypeOfAssistanceTxt	RegionRegionTxt	RecipientRecipientCnt	Cash GrantCashGrantAmt	Description Of Non Cash AsstDescriptionOfNonCashAsstTxt	Valuation Method UsedValuationMethodUsedDesc
SCHOLARSHIP	Central America and the Caribbean	4	$234,282	SCHOLARSHIP	BOOK
SCHOLARSHIP	East Asia and the Pacific	19	$791,908	SCHOLARSHIP	BOOK
SCHOLARSHIP	Europe (Including Iceland and Greenland)	6	$307,635	SCHOLARSHIP	BOOK
SCHOLARSHIP	Middle East and North Africa	5	$285,844	SCHOLARSHIP	BOOK
SCHOLARSHIP	North America	3	$168,200	SCHOLARSHIP	BOOK
SCHOLARSHIP	Russia and the Newly Independent States	2	$102,391	SCHOLARSHIP	BOOK
SCHOLARSHIP	South America	9	$383,146	SCHOLARSHIP	BOOK
SCHOLARSHIP	South Asia	5	$299,478	SCHOLARSHIP	BOOK
SCHOLARSHIP	Sub-Saharan Africa	10	$626,099	SCHOLARSHIP	BOOK

Field	Value	IRS element (for citing)
Transfer To Foreign Corp	Yes (true)	TransferToForeignCorpInd
Interest In Foreign Trust	false	InterestInForeignTrustInd
Foreign Corp Ownership	Yes (true)	ForeignCorpOwnershipInd
Passive Foreign Investmest Co	Yes (true)	PassiveForeignInvestmestCoInd
Foreign Partnership	Yes (true)	ForeignPartnershipInd
Boycott Countries	false	BoycottCountriesInd

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	SCHEDULE F - SUPPLEMENTAL INFO	FormAndLineReferenceDesc
Explanation	THE UNIVERSITY ISSUES GRANTS AND OTHER FINANCIAL ASSISTANCE TO STUDENTS, WHICH ALLOWS STUDENTS TO FURTHER THEIR EDUCATION. GRANTED FUNDS ARE CREDITED TO THE STUDENT'S UNIVERSITY BILLING ACCOUNT AND APPLIED TO TUITION, FEES, AND OTHER COSTS OF EDUCATION. IN FISCAL YEAR 2015-2016 THE UNIVERSITY PROVIDED DOMESTIC FINANCIAL AID TO SUPPORT 1283 STUDENTS. 63 OF THOSE STUDENTS WERE CITIZENS OF OTHER COUNTRIES AS REPORTED IN SCHEDULE F.	ExplanationTxt

Schedule I IRS990ScheduleI

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

Recipient Table RecipientTable (2 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	Recipient EINRecipientEIN	IRC SectionIRCSectionDesc	Non Cash AssistanceNonCashAssistanceAmt	Valuation Method UsedValuationMethodUsedDesc	Non Cash AssistanceNonCashAssistanceDesc	Purpose Of GrantPurposeOfGrantTxt
OMICRON DELTA KAPPA SOCIETY INC
224 MCLAUGHLIN ST	LEXINGTON	VA	24450	611216165	501(C)(3)	$10,000	book	see part iv	PROGRAM SERVICE
CITY OF LEXINGTON VA
300E WASHINGTON ST	Lexington	VA	24450	611216165	501(C)(3)	$506,713	book		Program Service

Field	Value	IRS element (for citing)
Total501c3 Org	2	Total501c3OrgCnt

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

Field	Value	IRS element (for citing)
Grant Type	STUDENT FINANCIAL AID	GrantTypeTxt
Recipient	1220	RecipientCnt
Cash Grant	$39,209,616	CashGrantAmt
Valuation Method Used	BOOK	ValuationMethodUsedDesc
Non Cash Assistance	SEE PART IV	NonCashAssistanceDesc

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	SCHEDULE I - Supplemental Info	FormAndLineReferenceDesc
Explanation	THE UNIVERSITY ISSUES GRANTS AND OTHER FINANCIAL ASSISTANCE TO STUDENTS, WHICH ALLOWS STUDENTS TO FURTHER THEIR EDUCATION. GRANTED FUNDS ARE CREDITED TO THE STUDENT'S UNIVERSITY BILLING ACCOUNT AND APPLIED TO TUITION, FEES, AND OTHER COSTS OF EDUCATION. IN FISCAL YEAR 2015-2016 THE UNIVERSITY PROVIDED DOMESTIC FINANCIAL AID TO SUPPORT 1283 STUDENTS	ExplanationTxt

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
Travel For Companions	Yes (X)	TravelForCompanionsInd
Housing Allowance Or Residence	Yes (X)	HousingAllowanceOrResidenceInd
Club Dues Or Fees	Yes (X)	ClubDuesOrFeesInd
Written Policy Ref T And E Expnss	Yes (true)	WrittenPolicyRefTAndEExpnssInd
Substantiation Required	Yes (true)	SubstantiationRequiredInd
Compensation Committee	Yes (X)	CompensationCommitteeInd
Compensation Survey	Yes (X)	CompensationSurveyInd
Board Or Committee Approval	Yes (X)	BoardOrCommitteeApprovalInd
Severance Payment	false	SeverancePaymentInd
Supplemental Nonqual Rtr Plan	Yes (true)	SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm	false	EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org	false	CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs	false	CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org	false	CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs	false	CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments	false	AnyNonFixedPaymentsInd
Initial Contract Exception	false	InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (12 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
KENNETH P RUSCIO
President of the University	$429,424	$0	$0	$0	$108,599	$0	$26,500	$0	$84,967	$0	$649,490	$0	$0	$0
JAMES D FARRAR JR
Secretary of the University	$164,485	$0	$0	$0	$0	$0	$16,785	$0	$12,683	$0	$193,953	$0	$0	$0
STEVEN G MCALLISTER
Vice President	$293,653	$0	$0	$0	$0	$0	$26,500	$0	$62,195	$0	$382,348	$0	$0	$0
DENNIS W CROSS
Vice President	$352,385	$0	$0	$0	$0	$0	$32,366	$0	$58,220	$0	$442,971	$0	$0	$0
NORA VERENA DEMLEITNER
Law Professor	$340,252	$0	$0	$0	$0	$0	$26,500	$0	$14,745	$0	$381,497	$0	$0	$0
BRANT J HELLWIG
Dean	$276,781	$0	$0	$0	$0	$0	$26,500	$0	$2,658	$0	$305,939	$0	$0	$0
DANIEL A WUBAH
Provost	$305,599	$0	$0	$0	$0	$0	$26,500	$0	$15,119	$0	$347,218	$0	$0	$0
DAVID MILLON
Law Professor	$312,262	$0	$0	$0	$0	$0	$26,500	$0	$14,361	$0	$353,123	$0	$0	$0
JAMES E MOLITERNO
Law Professor	$306,332	$0	$0	$0	$0	$0	$26,500	$0	$12,908	$0	$345,740	$0	$0	$0
ROBERT D STRAUGHAN
Dean	$228,434	$0	$0	$0	$0	$0	$23,368	$0	$41,129	$0	$292,931	$0	$0	$0
BRIAN C MURCHISON
Law Professor	$328,634	$0	$0	$0	$0	$0	$26,500	$0	$11,774	$0	$366,908	$0	$0	$0
JOHN H HOOGAKKER
Executive Director	$229,667	$0	$0	$0	$0	$0	$21,698	$0	$9,157	$0	$260,522	$0	$0	$0

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDesc

ExplanationExplanationTxt

SCHEDULE J, PART I, LINE 1a

THE UNIVERSITY PRESIDENT RESIDES IN ON-CAMPUS HOUSING AS A CONDITION OF HIS EMPLOYMENT FOR THE CONVENIENCE OF THE UNIVERSITY. THE VALUE OF THIS ON-CAMPUS HOUSING IS $58,305 FOR THE FISCAL YEAR ENDED 6-30-16 AND INCLUDED AS A NON-TAXABLE BENEFIT ABOVE IN PART II, COLUMN D. THE RESIDENCE IS USED FOR UNIVERSITY-RELATED BUSINESS AND ENTERTAINMENT PURPOSES ON A REASONABLE AND CONTINUAL BASIS. TRAVEL EXPENSE OF LESS THAN $5,000 WAS PAID FOR THE PRESIDENT'S SPOUSE TO ATTEND MULTIPLE FUNDRAISING AND BOARD OF TRUSTEE FUNCTIONS DURING THE FISCAL YEAR. THE UNIVERSITY ALSO PAYS CLUB DUES OF LESS THAN $250 PER MONTH FOR THE PRESIDENT AND FOR THE VICE PRESIDENT OF ADVANCEMENT AND COMMUNICATIONS. THE CLUB MEMBERSHIPS ARE USED PREDOMINANTLY FOR UNIVERSITY BUSINESS. THE ABOVE BENEFITS WERE TREATED AS TAXABLE INCOME WHEN APPROPRIATE.

SCHEDULE J, PART I, LINE 4B

THE UNIVERSITY PRESIDENT PARTICIPATES IN A SUPPLEMENTAL NON-QUALIFIED RETIREMENT PLAN SPONSORED BY THE UNIVERSITY. FOR THE CALENDAR YEAR 2015, $108,599 WAS CONTRIBUTED TO THIS PLAN AND IS INCLUDED ABOVE IN PART II, COLUMN B.

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (3 entries)

Bond ReferenceBondReferenceCd	Bond Issuer EINBondIssuerEIN	CUSIPCUSIPNum	Bond IssuedBondIssuedDt	Issue PriceIssuePriceAmt	PurposePurposeDesc	DefeasedDefeasedInd	On Behalf Of IssuerOnBehalfOfIssuerInd	Pool FinancingPoolFinancingInd
Industrial Development Authority of Rockbridge
A	541284598	999999999	2003-03-31	$3,950,000	Reduce outstanding debt	false	false	false
Industrial Development Authority-Lexington City
B	546001392	52976TAF4	2010-09-24	$15,000,000	Various capital projects	false	false	false
Industrial Development Authority-Lexington City
C	546001392	52976TAH0	2013-07-10	$34,960,000	Renovate dorms and capital project	false	false	false

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (3 entries)

Bond ReferenceBondReferenceCd	RetiredRetiredAmt	Bond DefeasedBondDefeasedAmt	Total ProceedsTotalProceedsAmt	In Reserve FundInReserveFundAmt	Capitalized InterestCapitalizedInterestAmt	Refunding EscrowRefundingEscrowAmt	Issuance Costs From ProceedsIssuanceCostsFromProceedsAmt	Credit EnhancementCreditEnhancementAmt	Working Capital ExpendituresWorkingCapitalExpendituresAmt	Capital ExpendituresCapitalExpendituresAmt	Other Spent ProceedsOtherSpentProceedsAmt	UnspentUnspentAmt	Substantial CompletionSubstantialCompletionYr	Current RefundingCurrentRefundingInd	Advance RefundingAdvanceRefundingInd	Final Allocation MadeFinalAllocationMadeInd	Adequate Books And Rec MaintAdequateBooksAndRecMaintInd
A	$0	$0	$3,950,000	$0	$0	$3,950,000	$0	$0	$0	$3,950,000	$0	$0	2003	false	false	Yes (true)	Yes (true)
B	$0	$0	$15,000,000	$0	$0	$0	$205,607	$0	$0	$12,924,000	$0	$0	2011	false	false	Yes (true)	Yes (true)
C	$0	$0	$35,190,505	$0	$0	$0	$299,959	$0	$0	$35,080,546	$0	$0	2016	false	false	Yes (true)	Yes (true)

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (3 entries)

Bond ReferenceBondReferenceCd	Owning Bond Financed PropertyOwningBondFinancedPropertyInd	Any Lease ArrangementsAnyLeaseArrangementsInd	Mgmt Contract Bond Fincd PropMgmtContractBondFincdPropInd	Any Research AgreementsAnyResearchAgreementsInd	Bond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestInd	Change In Use Bond Financed PropChangeInUseBondFinancedPropInd	Remedial Action TakenRemedialActionTakenInd	Procs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd
A	false	false	false	false	false	false	false	Yes (true)
B	false	false	false	false	false	false	false	Yes (true)
C	false	false	false	false	false	false	false	Yes (true)

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (3 entries)

Bond ReferenceBondReferenceCd	Form8038 T FiledForm8038TFiledInd	Variable Rate IssueVariableRateIssueInd	Hedge Identified In Bks And RecHedgeIdentifiedInBksAndRecInd	Term Of HedgeTermOfHedgePct	Superintegrated HedgeSuperintegratedHedgeInd	Hedge TerminatedHedgeTerminatedInd	Gross Proceeds Invested In GICGrossProceedsInvestedInGICInd	Business Name Line1GICProviderName/BusinessNameLine1Txt	Gross Proceeds InvestedGrossProceedsInvestedInd	Written Proc To Monitor ReqsWrittenProcToMonitorReqsInd	Rebate Not Due YetRebateNotDueYetInd	Exception To RebateExceptionToRebateInd	No Rebate DueNoRebateDueInd
SUNTRUST CAP MARKET
A	Yes (true)	Yes (true)	Yes (true)	0.15	false	false	false	0	false	Yes (true)
0
B	Yes (true)	Yes (true)	false				false	0	false	Yes (true)
0
C	false	Yes (true)	false				false	0	false	Yes (true)	Yes (true)	false	Yes (true)

Procedures Corrective Action ProceduresCorrectiveActionGrp (3 entries)

Bond ReferenceBondReferenceCd	Procedures Corrective ActionProceduresCorrectiveActionInd
A	Yes (true)
B	Yes (true)
C	Yes (true)

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (2 entries)

Bond ReferenceBondReferenceCd	Bond Issuer EINBondIssuerEIN	CUSIPCUSIPNum	Bond IssuedBondIssuedDt	Issue PriceIssuePriceAmt	PurposePurposeDesc	DefeasedDefeasedInd	On Behalf Of IssuerOnBehalfOfIssuerInd	Pool FinancingPoolFinancingInd
Virginia College Building Authority
A	541249154	9277817C2	2015-04-22	$15,000,000	Build residence halls	false	false	false
Virginia College Building Authority
B	541249154	999999999	2015-04-22	$32,040,000	Build residence halls and Capital	false	false	false

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (2 entries)

Bond ReferenceBondReferenceCd	RetiredRetiredAmt	Bond DefeasedBondDefeasedAmt	Total ProceedsTotalProceedsAmt	In Reserve FundInReserveFundAmt	Capitalized InterestCapitalizedInterestAmt	Refunding EscrowRefundingEscrowAmt	Issuance Costs From ProceedsIssuanceCostsFromProceedsAmt	Credit EnhancementCreditEnhancementAmt	Working Capital ExpendituresWorkingCapitalExpendituresAmt	Capital ExpendituresCapitalExpendituresAmt	Other Spent ProceedsOtherSpentProceedsAmt	UnspentUnspentAmt	Current RefundingCurrentRefundingInd	Advance RefundingAdvanceRefundingInd	Final Allocation MadeFinalAllocationMadeInd
A	$0	$0	$14,968,500	$0	$0	$0	$144,142	$0	$0	$12,755,635	$0	$2,100,223	false	false	false
B	$0	$0	$30,360,348	$0	$0	$6,437,829	$308,692	$0	$0	$21,622,271	$0	$8,528,709	false	false	false

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (2 entries)

Bond ReferenceBondReferenceCd	Owning Bond Financed PropertyOwningBondFinancedPropertyInd	Any Lease ArrangementsAnyLeaseArrangementsInd	Mgmt Contract Bond Fincd PropMgmtContractBondFincdPropInd	Any Research AgreementsAnyResearchAgreementsInd	Private Bus Use By OthersPrivateBusUseByOthersPct	Bond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestInd	Change In Use Bond Financed PropChangeInUseBondFinancedPropInd	Remedial Action TakenRemedialActionTakenInd	Procs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd
A	false	false	false	false	0	false	false	false	Yes (true)
B	false	false	false	false	0	false	false	false	Yes (true)

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (2 entries)

Bond ReferenceBondReferenceCd	Form8038 T FiledForm8038TFiledInd	Rebate Not Due YetRebateNotDueYetInd	Exception To RebateExceptionToRebateInd	No Rebate DueNoRebateDueInd	Variable Rate IssueVariableRateIssueInd	Hedge Identified In Bks And RecHedgeIdentifiedInBksAndRecInd	Gross Proceeds Invested In GICGrossProceedsInvestedInGICInd	Business Name Line1GICProviderName/BusinessNameLine1Txt	Gross Proceeds InvestedGrossProceedsInvestedInd	Written Proc To Monitor ReqsWrittenProcToMonitorReqsInd
0
A	false	Yes (true)	false	false	Yes (true)	false	false	0	false	Yes (true)
0
B	false	Yes (true)	false	false	Yes (true)	false	false	0	false	Yes (true)

Procedures Corrective Action ProceduresCorrectiveActionGrp (2 entries)

Bond ReferenceBondReferenceCd	Procedures Corrective ActionProceduresCorrectiveActionInd
A	Yes (true)
B	Yes (true)

Schedule L IRS990ScheduleL

Loans Btwn Org Interested Prsn LoansBtwnOrgInterestedPrsnGrp (7 entries)

Relationship With OrgRelationshipWithOrgTxt	Loan PurposeLoanPurposeTxt	Loan From OrganizationLoanFromOrganizationInd	Original PrincipalOriginalPrincipalAmt	Balance DueBalanceDueAmt	DefaultDefaultInd	Board Or Committee ApprovalBoardOrCommitteeApprovalInd	Written AgreementWrittenAgreementInd
JAMES D FARRAR JR
Employee	Home Mortgage	Yes (X)	$240,000	$168,464	false	false	Yes (true)
KENNETH P RUSCIO
Employee	Home Mortgage	Yes (X)	$300,000	$146,602	false	false	Yes (true)
DENNIS W CROSS
Employee	Home Mortgage	Yes (X)	$57,525	$46,097	false	false	Yes (true)
DAVID MILLON
Employee	Home Mortgage	Yes (X)	$300,000	$189,026	false	false	Yes (true)
JAMES E MOLITERNO
Employee	Home Mortgage	Yes (X)	$300,000	$100,709	false	false	Yes (true)
BRIAN C MURCHISON
Employee	Home Mortgage	Yes (X)	$203,000	$142,242	false	false	Yes (true)
BRANT J HELLWIG
Employee	Home Mortgage	Yes (X)	$450,000	$405,044	false	false	Yes (true)

Field	Value	IRS element (for citing)
Total Balance Due	$1,198,184	TotalBalanceDueAmt

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	PART II - LOANS TO AND/OR FROM INTERESTED PERSONS	FormAndLineReferenceDesc
Explanation	WASHINGTON AND LEE PROVIDES HOUSING LOANS TO FULL-TIME EMPLOYEES. SUCH LOANS MAY BE USED TO PURCHASE, BUILD, OR IMPROVE A PRINCIPAL RESIDENCE IN THE LEXINGTON ROCKBRIDGE COUNTY AREA. INTEREST RATES ON LOANS ARE 25 PERCENT LESS THAN THE INTEREST RATE CHARGED BY LEXINGTON FINANCIAL INSTITUTIONS FOR RESIDENTIAL MORTGAGE LOANS. IMPUTED INTEREST INCOME RELATED TO A UNIVERSITY-PROVIDED HOUSING LOAN IS INCLUDED IN EMPLOYEE W-2S, AS APPLICABLE, EACH YEAR. AS OF 6/30/16, THE UNIVERSITY HAD 267 EMPLOYEES WITH HOME LOANS OUTSTANDING. THE LOAN PROGRAM IS APPROVED BY THE BOARD OF TRUSTEES AND REVIEWED AS PART OF THE INVESTMENT PORTFOLIO OF THE UNIVERSITY BY THE INVESTMENT COMMITTEE.	ExplanationTxt

Schedule M IRS990ScheduleM

Works Of Art WorksOfArtGrp

Field	Value	IRS element (for citing)
Non Cash Checkbox	Yes (X)	NonCashCheckboxInd
Contribution	11	ContributionCnt
Noncash Contributions Rpt F990	$40,850	NoncashContributionsRptF990Amt
Method Of Determining Revenues	APPRAISAL	MethodOfDeterminingRevenuesTxt

Field	Value	IRS element (for citing)
Art Historical Treasures		ArtHistoricalTreasuresGrp
Art Fractional Interest		ArtFractionalInterestGrp

Books And Publications BooksAndPublicationsGrp

Field	Value	IRS element (for citing)
Non Cash Checkbox	Yes (X)	NonCashCheckboxInd
Noncash Contributions Rpt F990	$63,500	NoncashContributionsRptF990Amt
Method Of Determining Revenues	APPRAISAL	MethodOfDeterminingRevenuesTxt

Field	Value	IRS element (for citing)
Clothing And Household Goods		ClothingAndHouseholdGoodsGrp
Cars And Other Vehicles		CarsAndOtherVehiclesGrp
Boats And Planes		BoatsAndPlanesGrp
Intellectual Property		IntellectualPropertyGrp

Securities Publicly Traded SecuritiesPubliclyTradedGrp

Field	Value	IRS element (for citing)
Non Cash Checkbox	Yes (X)	NonCashCheckboxInd
Contribution	200	ContributionCnt
Noncash Contributions Rpt F990	$4,683,378	NoncashContributionsRptF990Amt
Method Of Determining Revenues	SELLING PRICE	MethodOfDeterminingRevenuesTxt

Field	Value	IRS element (for citing)
Securities Closely Held Stock		SecuritiesCloselyHeldStockGrp
Secur Prtnrshp Trust Intrsts		SecurPrtnrshpTrustIntrstsGrp
Securities Miscellaneous		SecuritiesMiscellaneousGrp
Qualified Contrib Hist Struct		QualifiedContribHistStructGrp
Qualified Contrib Other		QualifiedContribOtherGrp
Real Estate Residential		RealEstateResidentialGrp
Real Estate Commercial		RealEstateCommercialGrp
Real Estate Other		RealEstateOtherGrp
Collectibles		CollectiblesGrp
Food Inventory		FoodInventoryGrp
Drugs And Medical Supplies		DrugsAndMedicalSuppliesGrp
Taxidermy		TaxidermyGrp
Historical Artifacts		HistoricalArtifactsGrp
Scientific Specimens		ScientificSpecimensGrp
Archaeological Artifacts		ArchaeologicalArtifactsGrp

Other Non Cash Contri Table OtherNonCashContriTableGrp

Field	Value	IRS element (for citing)
Non Cash Checkbox	Yes (X)	NonCashCheckboxInd
Desc	Other - equestrian horse	Desc
Contribution	1	ContributionCnt
Noncash Contributions Rpt F990	$100,000	NoncashContributionsRptF990Amt
Method Of Determining Revenues	appraisal	MethodOfDeterminingRevenuesTxt

Field	Value	IRS element (for citing)
Form8283 Received	8	Form8283ReceivedCnt
Any Property That Must Be Held	false	AnyPropertyThatMustBeHeldInd
Review Process Unusual NC Gifts	Yes (true)	ReviewProcessUnusualNCGiftsInd
Third Parties Used	false	ThirdPartiesUsedInd

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
Form 990 Part III	MISSION STATEMENT OF WASHINGTON AND LEE UNIVERSITY: WASHINGTON AND LEE UNIVERSITY PROVIDES A LIBERAL ARTS EDUCATION THAT DEVELOPS STUDENTS' CAPACITY TO THINK FREELY, CRITICALLY, AND HUMANELY AND TO CONDUCT THEMSELVES WITH HONOR, INTEGRITY, AND CIVILITY. GRADUATES WILL BE PREPARED FOR LIFE-LONG LEARNING, PERSONAL ACHIEVEMENT, RESPONSIBLE LEADERSHIP, SERVICE TO OTHERS, AND ENGAGED CITIZENSHIP IN A GLOBAL AND DIVERSE SOCIETY. PART III, LINE 4A PROGRAM SERVICE ACCOMPLISHMENTS FOUNDED IN 1749, WASHINGTON AND LEE UNIVERSITY IS NAMED FOR TWO OF THE MOST INFLUENTIAL MEN IN AMERICAN HISTORY: GEORGE WASHINGTON, WHOSE GENEROUS ENDOWMENT OF $20,000 IN 1796 HELPED THE FLEDGLING SCHOOL (THEN KNOWN AS LIBERTY HALL ACADEMY) SURVIVE, AND ROBERT E. LEE, WHOSE PRESIDENCY AND INNOVATIVE LEADERSHIP BROUGHT THE UNIVERSITY INTO THE NATIONAL LIMELIGHT. WASHINGTON AND LEE IS A SMALL, PRIVATE, LIBERAL ARTS UNIVERSITY NESTLED BETWEEN THE BLUE RIDGE AND ALLEGHENY MOUNTAINS IN LEXINGTON, VA. IT IS THE NINTH OLDEST INSTITUTION OF HIGHER LEARNING IN THE NATION. WASHINGTON AND LEE IS COMPOSED OF TWO UNDERGRADUATE DIVISIONS, THE COLLEGE AND THE WILLIAMS SCHOOL OF COMMERCE, ECONOMICS, AND POLITICS; AND A GRADUATE SCHOOL OF LAW. THE MUDD CENTER FOR ETHICS IS A RESOURCE FOR STUDENTS AND FACULTY AT ALL THREE SCHOOLS. THE SCHOOL OF LAW IS HOME TO THE CENTER FOR LAW AND HISTORY, THE FRANCIS LEWIS LAW CENTER AND THE TRANSNATIONAL LAW INSTITUTE.
PART VI - GOVERNANCE, MANAGEMENT, AND DISCLOSURE	PART VI, QUESTION 2 FAMILY OR BUSINESS RELATIONSHIPS A TRUSTEE HAS DISCLOSED THAT HE IS AN EMPLOYEE OF M&T BANK. WASHINGTON AND LEE UNIVERSITY DOES HAVE A BUSINESS RELATIONSHIP WITH M&T. IN THE SPRING OF 2014, THROUGH A COMPETITIVE RFP PROCESS, THE UNIVERSITY DETERMINED TO NAME M&T/WILMINGTON TRUST AS THE UNIVERSITYS PRIMARY SECURITIES BROKER FOR GIFTED SECURITIES. THE TRUSTEE RECEIVES NO BENEFIT FROM THE RELATIONSHIP. THE COMPANIES OF TWO TRUSTEES HAVE PARTICIPATED TOGETHER IN OIL AND GAS INVESTMENTS. ONE TRUSTEE OWNS AN INTEREST IN AN OIL COMPANY THAT DOES BUSINESS WITH ANOTHER TRUSTEE'S COMPANY. THE UNIVERSITY HAS NO INVOLVEMENT WITH EITHER COMPANY. A TRUSTEE HAS DISCLOSED THAT HE IS A PARTNER IN A FIRM CONSULTING WITH W&L ITS ON SECURITY RISK. THE TRUSTEE WAS NOT INVOLVED WITH IN MAKING THE CONTRACT POSSIBLE AND WILL RECEIVE NO DIRECT BENEFIT. THIS SAME TRUSTEE HAS ALSO DISCLOSED THAT HE HAD A NIECE EMPLOYED IN THE OFFICE OF ADMISSIONS. HIS NIECE IS A 2014 GRADUATE OF W&L AND IT IS THE PRACTICE OF ADMISSIONS TO HIRE AT LEAST ONE CURRENT GRADUATE FOR A PERIOD OF ONE YEAR, MORE OR LESS, AFTER GRADUATION. HER EMPLOYMENT PERIOD WAS FULL-TIME SEPTEMBER, 2014 THRU SEPTEMBER, 2015 AND THEN PART-TIME UNTIL LEAVING ON DECEMBER 4, 2015. A TRUSTEE HAS DISCLOSED THAT HE HAS BEEN AN OFFICER OR DIRECTOR OF TWO COMPANIES THAT PRODUCE PRODUCTS FOR WHICH UNIVERSITY DINING SERVICES MAY USE. THE UNIVERSITY MAY PURCHASE PRODUCTS FROM THESE COMPANIES BUT DOES SO VIA A WHOLESALE DEALER AT FAIR VALUE. A TRUSTEE HAS DISCLOSED THAT HE WORKS FOR AN INSURANCE COMPANY WHICH IS A SUBSIDARY OF THE UNIVERSITYS MAIN BANKING RELATIONSHIP. AT ONE TIME THE UNIVERSITY USED THE INSURANCE PORTION OF THIS COMPANY BUT IN 2010 THROUGH A COMPETITIVE RFP PROCESS, THE INSURANCE RELATIONSHIP WAS SEVERED AT THE NAMING OF A NEW INSURANCE BROKERAGE.
PART VI - GOVERNANCE, MANAGEMENT, AND DISCLOSURE	PART VI, QUESTION 11 990 REVIEW THE 990 IS PREPARED BY THE UNIVERSITY BUSINESS OFFICE AND REVIEWED BY MANAGEMENT. AN OUTSIDE ACCOUNTING AND TAX FIRM COMPILES THE 990 FORMS AND PROVIDES ADDITIONAL CLARIFICATION. THE AUDIT COMMITTEE REVIEWS AND APPROVES THE FORM 990, AFTER WHICH A COPY IS DISTRIBUTED THROUGH A CONFIDENTIAL WEB PORTAL TO THE ENTIRE BOARD OF TRUSTEES.
PART VI - GOVERNANCE, MANAGEMENT, AND DISCLOSURE	PART VI, QUESTION 12 CONFLICT OF INTEREST POLICY THE CONFLICT OF INTEREST AND TRANSACTIONS WITH INTERESTED PERSONS POLICY IMPOSES A CONTINUING OBLIGATION TO DISCLOSE POTENTIAL CONFLICTS TO THE OFFICE OF GENERAL COUNSEL OF THE UNIVERSITY. THE CONTROLLER WILL ADVISE THE CHAIR OF THE TRUSTEESHIP COMMITTEE (FOR TRUSTEE AND INTERESTED PERSON DISCLOSURES) AND CHAIR OF THE AUDIT COMMITTEE (FOR EMPLOYEE DISCLOSURES) REGARDING ANY POTENTIAL CONFLICTS OF INTEREST AMONG THESE PERSONS. THE TRUSTEESHIP COMMITTEE FOR TRUSTEES AND INTERESTED PERSONS AND THE AUDIT SUBCOMMITTEE FOR EMPLOYEES, HAVE THE AUTHORITY TO OVERSEE AND DECIDE WHETHER AN INDIVIDUAL COVERED UNDER THE POLICY SHOULD DISCLOSE HIS OR HER INTEREST TO THE BOARD AND RECUSE HIM OR HERSELF IN MATTERS WHERE A POTENTIAL CONFLICT MAY EXIST. THEY ALSO DECIDE WHETHER ANY DISCLOSED POTENTIAL CONFLICTS RISE TO THE LEVEL OF EXCESS BENEFIT TRANSACTIONS OR UNMANAGEBLE CONFLICTS. THE GENERAL COUNSEL WILL MAKE A PERMANENT RECORD OF DISCLOSED POTENTIAL CONFLICTS, WHICH IS AVAILABLE TO ANY TRUSTEE OR OTHER PERSONS AUTHORIZED BY THE CHAIR OF THE TRUSTEESHIP COMMITTEE AND AUDIT SUBCOMMITTEE. THE POLICY DEFINES THE MEANS TO DISCLOSE, RESOLVE AND MANAGE REAL, APPARENT OR POTENTIAL CONFLICTS. A CONFLICT OF INTEREST POLICY IS IN PLACE FOR ALL OTHER EMPLOYEES AND FINANCIAL AND FINANCIAL AID PERSONNEL REVIEW THEIR RESPECTIVE CODES OF CONDUCT/ETHICS ANNUALLY.
PART VI - GOVERNANCE, MANAGEMENT, AND DISCLOSURE	PART VI, QUESTION 15 EXECUTIVE COMPENSATION THE POLICY ON GUIDELINES FOR REVIEWING EXECUTIVE COMPENSATION OUTLINES THE PROCESS TO BE FOLLOWED. THE BOARD OF TRUSTEES EXECUTIVE COMMITTEE IS CHARGED WITH THOROUGHLY REVIEWING THE PRESIDENT'S COMPENSATION, AS WELL AS ASSESSING AND APPROVING THE REASONABLENESS OF THE COMPENSATION. THE REVIEW OF PRESIDENTIAL COMPENSATION INCLUDES EVALUATION OF MARKET DATA AND COMPARISON TO PEER SCHOOLS. THE FULL BOARD OF TRUSTEES APPROVES COMPENSATION FOR THE PRESIDENT. THE BOARD ALSO CONDUCTS A THOROUGH REVIEW OF THE PRESIDENT'S PERFORMANCE FROM THE PRIOR YEAR AT THIS TIME. THE UNIVERSITY GENERAL COUNSEL RECORDS MINUTES OF THE MEETINGS REGARDING THE PRESIDENT'S COMPENSATION, AND RETAINS COPIES OF THE PERFORMANCE REVIEWS. FOR OTHER EXECUTIVES AND OFFICERS, THE PRESIDENT AND EXECUTIVE DIRECTOR OF HUMAN RESOURCES REVIEW FINANCIAL BUDGETS, EMPLOYEE PERFORMANCE, AND BENCHMARK DATA FOR SIMILAR POSITIONS AT PEER SCHOOLS TO DETERMINE REASONABLENESS OF COMPENSATION.
PART VI - GOVERNANCE, MANAGEMENT, AND DISCLOSURE	PART VI, QUESTION 19 AVAILABILITY OF DOCUMENTS THE UNIVERSITY MAKES ITS GOVERNANCE DOCUMENTS, SUCH AS THE CHARTER AND BYLAWS, AVAILABLE ON THE UNIVERSITY WEBSITE UNDER THE OFFICE OF GENERAL COUNSEL, POLICIES AND LEGAL NOTICES, BOARD POLICIES AND STATEMENTS. THE CONFLICT OF INTEREST POLICIES, STATEMENT OF ETHICAL PRINCIPLES, CODES OF CONDUCT/ETHICS ARE ALSO POSTED AT THE SAME WEBSITE ADDRESS. FINANCIAL STATEMENTS ARE SUMMARIZED ON THE OFFICE OF THE TREASURER WEB PAGE. COPIES OF AUDITED FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST FROM THE UNIVERSITY TREASURER. THE UNIVERSITY WEBSITE IS WWW.WLU.EDU
PART XII - FINANCIAL STATEMENTS AND REPORTING	IN YEARS PRIOR TO TAX YEAR 2010, THE FINANCIAL STATEMENTS OF THE UNIVERSITY HAVE BEEN REPORTED ON A SEPARATE BASIS, AS NO OTHER AFFILIATES EXISTED. ON NOVEMBER 15, 2010, COLONNADE RESTORATION, LLC, A VIRGINIA LIMITED LIABILITY COMPANY AND CONTROLLED AFFILIATE OF THE UNIVERSITY, WAS FORMED FOR THE PURPOSE OF RESTORING, REHABILITATING, CONSTRUCTING AND DEVELOPING THE HISTORIC BUILDINGS ON THE UNIVERSITY GROUNDS KNOWN COLLECTIVELY AS THE COLONNADE. COLONNADE RESTORATION, LLC WAS FORMED SO THAT THE RENOVATION EXPENDITURES INCURRED ON THE REHABILITATION PROJECTS DESIGNATED BY THE VIRGINIA DEPARTMENT OF HISTORIC RESOURCES WILL SUPPORT VIRGINIA HISTORIC TAX CREDITS CERTIFIED TO COLONNADE RESTORATION, LLC FOR ALLOCATION TO ITS MEMBERS. THE UNIVERSITY HAS NO MEMBERSHIP INTEREST IN COLONNADE RESTORATION, LLC BUT RATHER CONTROLS THE AFFILIATE THROUGH VARIOUS LEASING ARRANGEMENTS.

Schedule R IRS990ScheduleR

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (4 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	Primary ActivitiesPrimaryActivitiesTxt	Legal Domicile StateLegalDomicileStateCd	Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt	Entity TypeEntityTypeTxt	Controlled OrganizationControlledOrganizationInd	EINEIN
Charitable remainder trusts (57)
C/0 BNY MELLON NA PO BOX 185	Pittsburgh	PA	152300185	CRUT	VA	W&L UNIVERSITY	Trust	false
Charitable lead trusts (2)
C/0 BNY MELLON NA PO BOX 186	Pittsburgh	PA	152300185	CLAT	VA	W&L UNIVERSITY	Trust	false
Pooled income fund
C/0 BNY MELLON NA PO BOX 187	Pittsburgh	PA	152300185	CRAT	VA	W&L UNIVERSITY	Trust	false	546123755
Annuities (10)
C/0 BNY MELLON NA PO BOX 188	Pittsburgh	PA	152300185	CRAT	VA	W&L UNIVERSITY	Trust	false

Field	Value	IRS element (for citing)
Receipt Of Int Annts Rnts Rylts	false	ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org	false	GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org	false	GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org	false	LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org	false	LoansOrGuaranteesFromOthOrgInd
Div Related Organization	false	DivRelatedOrganizationInd
Asset Sale To Other Org	false	AssetSaleToOtherOrgInd
Asset Purchase From Other Org	false	AssetPurchaseFromOtherOrgInd
Asset Exchange	false	AssetExchangeInd
Rental Of Facilities To Oth Org	false	RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org	false	RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org	false	PerformOfServicesForOthOrgInd
Perform Of Services By Other Org	false	PerformOfServicesByOtherOrgInd
Sharing Of Facilities	false	SharingOfFacilitiesInd
Paid Employees Sharing	false	PaidEmployeesSharingInd
Reimbursement Paid To Other Org	false	ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org	false	ReimbursementPaidByOtherOrgInd
Transfer To Other Org	false	TransferToOtherOrgInd
Transfer From Other Org	false	TransferFromOtherOrgInd

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	PART IV, LINE (1), COLUMN (C)	FormAndLineReferenceDesc
Explanation	LEGAL DOMICILE OF TRUST THE CHARITABLE REMAINDER TRUSTS ARE LEGALLY DOMICILED IN GA, LA, TX, AND VA	ExplanationTxt