STRATEGY STUDIO / NONPROFIT PEOPLE SEARCH

TRUSTEES OF THE UNIVERSITY OF PENNSYLVANIA: Form 990, tax year 2014

View the entire original 990 at ProPublica ↗

Organization
TRUSTEES OF THE UNIVERSITY OF PENNSYLVANIA (EIN 23-1352685)
Tax period
2014-07-01 to 2015-06-30
Filed
2016-05-10
IRS object ID
201601319349302115
Schema version
2014v6.0
Note
A later return for the same period supersedes this one.
Source
Download XML · Original 990 at ProPublica

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

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2016-05-10T10:33:43-07:00ReturnTs
Tax Period End2015-06-30TaxPeriodEndDt
Return Type990ReturnTypeCd
Tax Period Begin2014-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN231352685EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Trustees of the University of PennsylvaniaBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlTRUSBusinessNameControlTxt
Phone2158988967PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line13451 WALNUT STREET ROOM 305AddressLine1Txt
CityPHILADELPHIACityNm
State AbbreviationPAStateAbbreviationCd
ZIP191046284ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonWendy WhitePersonNm
Person TitleVice PresidentPersonTitleTxt
Phone2158981005PhoneNum
Signature2016-05-06SignatureDt
FieldValueIRS element (for citing)
Tax2014TaxYr
Build TS2016-08-17 19:52:53ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerWendy WhitePrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line13451 WALNUT STREETAddressLine1Txt
CityPHILADELPHIACityNm
State AbbreviationPAStateAbbreviationCd
ZIP191046284ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$15,876,299,641GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.UPENN.EDUWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1740FormationYr
Legal Domicile StatePALegalDomicileStateCd
Activity Or MissionTHE PROVISION OF EDUCATION, RESEARCH, AND CHARITABLE PATIENT CARE SERVICESActivityOrMissionDesc
Voting Members Governing Body57VotingMembersGoverningBodyCnt
Voting Members Independent57VotingMembersIndependentCnt
Total Employee49219TotalEmployeeCnt
Total Volunteers4819TotalVolunteersCnt
Total Gross UBI$25,022,679TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$25,022,679NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$1,311,611,000PYContributionsGrantsAmt
CY Contributions Grants$1,246,588,000CYContributionsGrantsAmt
PY Program Service Revenue$3,984,621,205PYProgramServiceRevenueAmt
CY Program Service Revenue$4,183,804,165CYProgramServiceRevenueAmt
PY Investment Income$678,919,000PYInvestmentIncomeAmt
CY Investment Income$827,057,000CYInvestmentIncomeAmt
PY Other Revenue$25,687,795PYOtherRevenueAmt
CY Other Revenue$36,593,835CYOtherRevenueAmt
PY Total Revenue$6,000,839,000PYTotalRevenueAmt
CY Total Revenue$6,294,043,000CYTotalRevenueAmt
PY Grants And Similar Paid$386,622,822PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$391,688,858CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$2,869,301,000PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$2,986,091,000CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$667,000PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$633,044CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$93,897,308CYTotalFundraisingExpenseAmt
PY Other Expenses$1,934,852,178PYOtherExpensesAmt
CY Other Expenses$1,986,643,098CYOtherExpensesAmt
PY Total Expenses$5,191,443,000PYTotalExpensesAmt
CY Total Expenses$5,365,056,000CYTotalExpensesAmt
PY Revenues Less Expenses$809,396,000PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$928,987,000CYRevenuesLessExpensesAmt
Total Assets BOY$16,398,248,000TotalAssetsBOYAmt
Total Assets EOY$17,230,855,000TotalAssetsEOYAmt
Total Liabilities BOY$4,381,263,000TotalLiabilitiesBOYAmt
Total Liabilities EOY$4,728,781,000TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$12,016,985,000NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$12,502,074,000NetAssetsOrFundBalancesEOYAmt
MissionTHE PROVISION OF EDUCATION, RESEARCH, AND CHARITABLE PATIENT CARE SERVICES.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$1,196,121,402ExpenseAmt
Grant$311,647,000GrantAmt
Revenue$1,045,951,041RevenueAmt
DescEducation- PENN'S FIRM BELIEF THAT EXCELLENCE AND DIVERSITY GO HAND-IN-HAND IS EVIDENCED IN THEIR SELECTION OF STUDENTS FOR THE CLASS OF 2019. OF 37,268 STUDENTS WHO APPLIED, ONLY 3,787, OR 10.2 PERCENT, WERE OFFERED ADMISSION. IN KEEPING WITH THE BELIEF THAT QUALITY AND DIVERSITY OF THE STUDENT BODY ADD TO THE RIGOR AND UNIQUENESS OF A PENN EDUCATION, THE UNIVERSITY HAS MADE INCREASING ACCESS ONE OF ITS HIGHEST PRIORITIES. TO ACHIEVE THIS END, PENN HAS COMMITTED ITSELF TO MEETING THE FULL FINANCIAL NEED OF UNDERGRADUATES WITH ALL-GRANT AID PACKAGES, EXPANDING THE PENN WORLD SCHOLARS PROGRAM, AND STRENGTHENING GRADUATE AND PROFESSIONAL FINANCIAL AID. RANKED NINTH AMONG ALL NATIONAL UNIVERSITIES BY U.S. NEWS & WORLD REPORT, PENN IS CONSISTENTLY RECOGNIZED FOR HAVING SOME OF THE TOP ACADEMIC PROGRAMS IN THE COUNTRY. ITS UNDERGRADUATE AND GRADUATE PROGRAMS IN BUSINESS AND GRADUATE PROGRAM IN NURSING ARE RANKED #1 IN THE COUNTRY, WHILE ITS MEDICAL SCHOOL IS CONSISTENTLY RANKED IN THE TOP FIVE NATIONWIDE.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$1,196,121,403ExpenseAmt
Grant$311,647,000GrantAmt
Revenue$1,045,951,041RevenueAmt
DescRESEARCH-ONE MEASURE OF EXCELLENCE FOR THE RESEARCH AND ACADEMIC STUDIES CONDUCTED AT PENN IS THE NUMEROUS PRESTIGIOUS AWARDS THAT HAVE BEEN CONFERRED ON PENN FACULTY. THE FACULTY, ACTIVE AND EMERITI, INCLUDES 80 MEMBERS OF THE ACADEMY OF ARTS AND SCIENCES, 86 MEMBERS OF THE INSTITUTE OF MEDICINE, 332 MEMBERS OF THE NATIONAL ACADEMY OF SCIENCES, 24 MEMBERS OF THE AMERICAN PHILOSOPHICAL SOCIETY, 169 GUGGENHEIM FELLOWS, AND 11 MEMBERS OF THE NATIONAL ACADEMY OF ENGINEERING. OVER THE PAST TWO DECADES, PENN HAS BEEN HOME TO EIGHT MACARTHUR AWARD RECIPIENTS, FIVE NATIONAL MEDAL OF SCIENCE RECIPIENTS, FOUR NOBEL PRIZE RECIPIENTS, AND FIVE PULITZER PRIZE RECIPIENTS ACADEMY OF SCIENCES, 24 MEMBERS OF THE AMERICAN PHILOSOPHICAL SOCIETY, 169 GUGGENHEIM FELLOWS, AND 11 MEMBERS OF THE NATIONAL ACADEMY OF ENGINEERING. OVER THE PAST TWO DECADES, PENN HAS BEEN HOME TO EIGHT MACARTHUR AWARD RECIPIENTS, FIVE NATIONAL MEDAL OF SCIENCE RECIPIENTS, FOUR NOBEL PRIZE RECIPIENTS, AND FIVE PULITZER PRIZE RECIPIENTSDesc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$1,196,121,403ExpenseAmt
Grant$311,647,000GrantAmt
Revenue$1,045,951,041RevenueAmt
DescTHE MISSION OF SERVING THE PUBLIC IS EXEMPLIFIED BY NUMEROUS PROGRAMS AT PENN. FOR 15 YEARS, THE SCHOOL OF NURSING'S LIFE PROGRAM HAS PROVIDED NURSING, MEDICAL, AND REHABILITATIVE CARE THAT ENABLES MORE THAN 350 LOCAL SENIORS TO LIVE INDEPENDENTLY. THE SCHOOL OF VETERINARY MEDICINE STUDENTS ROUTINELY TAKE COMPANION DOGS TO VISIT GUESTS AT THE PHILADELPHIA RONALD MCDONALD HOUSE TO COMFORT SICK CHILDREN AND THEIR FAMILIES SEEKING MEDICAL TREATMENT AT WEST PHILADELPHIA AREA HOSPITALS. THROUGH ITS CULTURAL INSTITUTIONS, THE UNIVERSITY OF PENNSYLVANIA MUSEUM OF ARCHAEOLOGY AND ANTHROPOLOGY, THE INSTITUTE OF CONTEMPORARY ART, AND THE ANNENBERG CENTER FOR THE PERFORMING ARTS, PENN OFFERS CULTURAL ENRICHMENT AND EDUCATION TO THE ENTIRE REGION, WITH EXHIBITS, PROGRAMS, AND EVENTS THAT SPAN THE ENTIRE RANGE OF HUMAN HISTORY AND EVENTS. INNOVATIVE PROGRAMS SUCH AS THE PENN MUSEUM'S UNPACKING THE PAST OFFER PHILADELPHIA PUBLIC SCHOOL STUDENTS THE OPPORTUNITY TO EXPLORE THE CULTURAL AMENITIES AT PENN TO ENHANCE THEIR CURRICULUM FOR FREE. PENN HAS CALLED WEST PHILADELPHIA HOME SINCE 1874. PENN IS COMMITTED TO MAKING WEST PHILADELPHIA A MORE ATTRACTIVE PLACE TO LIVE AND WORK BY PURCHASING GOODS AND SERVICES FROM LOCAL BUSINESSES, HIRING LOCAL RESIDENTS, AND ENCOURAGING FACULTY AND STAFF TO RELOCATE TO THE AREA. THE INITIATIVES HAVE ENCOURAGED RETAIL DEVELOPMENT, IMPROVED SAFETY AND SECURITY, IMPROVED PUBLIC EDUCATION THROUGH PARTNERSHIPS WITH EXISTING PUBLIC SCHOOLS, AND AN INSTITUTIONAL INVESTMENT IN A PUBLIC ELEMENTARY SCHOOL NEAR THE CAMPUS. PENN'S ACADEMIC PHILOSOPHY EMPHASIZES SERVICE AS ESSENTIAL TO LEARNING. PENN'S NETTER CENTER FOR COMMUNITY SERVICE IS A MODEL OF COMMUNITY SERVICE AND HAS HELPED DEVELOP UNIVERSITY-ASSISTED COMMUNITY SCHOOLS, WHERE PENN STUDENTS AND FACULTY PROVIDE INSTRUCTION, SUPPORT, AND PARTNERSHIP TO LOCAL SCHOOLS BY EDUCATING, EMPOWERING, AND SERVING MEMBERS OF THE COMMUNITY IN WHICH THE SCHOOL IS LOCATED. AT THE SAME TIME, BY WORKING WITH COMMUNITY MEMBERS TO CREATE AND SUSTAIN UNIVERSITY-ASSISTED COMMUNITY SCHOOLS, PENN ADVANCES ITS TEACHING, RESEARCH, AND SERVICE MISSIONS AND THE CIVIC DEVELOPMENT OF ITS STUDENTS. LAST YEAR ALONE, THE NETTER CENTER INVOLVED MORE THAN 125 STUDENT VOLUNTEERS, 100 INTERNS, AND 400 WORK-STUDY STUDENTS IN SERVICE TO MORE THAN 4,000 K-12 YOUTH AND THEIR FAMILIES. THE NETTER CENTER WAS CREDITED WITH VISIBLE IMPROVEMENTS IN ACADEMIC PERFORMANCE, ATTENDANCE, AND STUDENT AND PARENTAL INVOLVEMENT AT THE COMMUNITY SCHOOLS. APPROXIMATELY 13,000 UNIVERSITY STUDENTS, FACULTY AND STAFF PARTICIPATE IN MORE THAN 300 PENN VOLUNTEER AND COMMUNITY SERVICE PROGRAMS, AS WELL AS THE MORE THAN 60 ACADEMICALLY BASED COMMUNITY SERVICE COURSES THAT PENN OFFERS EACH YEAR. COMMUNITY SERVICE AT PENN IS ALSO COORDINATED BY CIVIC HOUSE (STUDENT VOLUNTEERISM AND ADVOCACY), FOX LEADERSHIP, AND PENN VIPS (VOLUNTEERS IN PUBLIC SERVICE - FACULTY AND STAFF VOLUNTEERS), WHICH IS A PART OF THE NETTER CENTER. IN 2007, THE UNIVERSITY OF PENNSYLVANIA'S PRESIDENT AMY GUTMANN SIGNED THE AMERICAN COLLEGE AND UNIVERSITY PRESIDENTS' CLIMATE COMMITMENT (ACUPCC). THIS PLEDGE COMMITTED PENN TO DEVELOPING PLANS FOR SIGNIFICANT REDUCTIONS OF EMISSIONS OF CLIMATE-ALTERING GREENHOUSE GASES. HTTP://WWW.UPENN.EDU/SUSTAINABILITY/ PENN IS ENGAGING LOCALLY, NATIONALLY, AND GLOBALLY TO BRING THE BENEFITS OF PENN'S RESEARCH, TEACHING, AND SERVICE TO INDIVIDUALS AND COMMUNITIES AT HOME AND AROUND THE WORLD BY IMPLEMENTING THE PENN CONNECTS 2.0 CAMPUS PLAN TO CREATE THE MOST INNOVATIVE, SUSTAINABLE, AND BEAUTIFUL URBAN CAMPUS WITH VIBRANT LIVING AND LEARNING SPACES AND POSITIVE IMPACT FOR COMMUNITY. HTTP://WWW.PENNCONNECTS.UPENN.EDU/ PENN IS USING ITS CONSIDERABLE PURCHASING AND CONSTRUCTION CAPACITY, AS WELL AS ITS ACADEMIC EXPERTISE, TO ENCOURAGE LOCAL BUSINESS GROWTH, EMPOWER DIVERSITY, AND WOMEN BUSINESS OWNERS. EACH DAY PENN IS STRENGTHENING THE LOCAL ECONOMY BY CONTRIBUTING $10.8 BILLION, OR $30 MILLION PER DAY, TO THE CITY OF PHILADELPHIA ACCORDING TO THE 2015 UNIVERSITY OF PENNSYLVANIA ECONOMIC IMPACT REPORT. HTTP://WWW.EVP.UPENN.EDU/PDF/PENNECONOMICIMPACT_ SLIDESHOW.PDFDesc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp

FieldValueIRS element (for citing)
Expense$1,196,121,403ExpenseAmt
Grant$311,647,000GrantAmt
Revenue$1,045,951,041RevenueAmt
DescPATIENT CARE- THE HOSPITAL OF THE UNIVERSITY OF PENNSYLVANIA ("HUP"), THE FLAGSHIP OF THE UNIVERSITY OF PENNSYLVANIA HEALTH SYSTEM'S FOUR HOSPITALS, WAS ESTABLISHED IN 1874 AS A TEACHING HOSPITAL TO COMPLEMENT THE MEDICAL EDUCATION RECEIVED BY STUDENTS AT THE UNIVERSITY OF PENNSYLVANIA'S MEDICAL SCHOOL, THE PERELMAN SCHOOL OF MEDICINE. IT HAS 18 CLINICAL DEPARTMENTS AND PROVIDES TRAINING IN MORE THAN 40 CLINICAL SPECIALTIES. MAJOR AREAS OF INVESTIGATION INCLUDE HEART DISEASE, CANCER, AND DISEASES OF AGING INCLUDING ALZHEIMER'S DISEASE, WOMEN'S HEALTH, DIABETES AND OBESITY. THE HEALTH SYSTEM, WITH 1,893 LICENSED HOSPITAL BEDS, IS A VALUED HEALTH-CARE RESOURCE, ESPECIALLY TO PEOPLE RESIDING IN THE GREATER PHILADELPHIA AREA. DURING THE COURSE OF A YEAR, IT ADMITS 84,000 PATIENTS AND ACCOUNTS FOR OVER 2.8 MILLION OUTPATIENT VISITS, MORE THAN 179,000 EMERGENCY ROOM VISITS AND MORE THAN 9,000 BIRTHS. HUP IS THE ONLY HOSPITAL IN THIS AREA THAT PERFORMS TRANSPLANTS OF ALL MAJOR ORGANS. PENN MEDICINE'S LEVEL 1 TRAUMA CENTER, WHICH OPERATES AROUND THE CLOCK TO CARE FOR PATIENTS WHO'VE BEEN CRITICALLY INJURED IN CAR ACCIDENTS, FALLS, AND THROUGH BLUNT AND PENETRATING TRAUMAS, IS NOW LOCATED AT PENN PRESBYTERIAN MEDICAL CENTER. THE CENTER CARES FOR MORE THAN 2,100 PATIENTS ANNUALLY, SEVERAL HUNDRED OF WHOM ARE TRANSFERRED FROM OTHER HOSPITALS VIA THE FLEET OF PENNSTAR MEDICAL HELICOPTERS AND GROUND AMBULANCES. BOTH HUP AND PENN PRESBYTERIAN MEDICAL CENTER ALSO CARE FOR A LARGE NUMBER OF PATIENTS WHO ARE TRANSFERRED HERE WITH TIME-SENSITIVE CARDIAC AND SURGICAL EMERGENCIES. IN KEEPING WITH ITS CHARITABLE PURPOSE, THE UNIVERSITY OF PENNSYLVANIA HEALTH SYSTEM (UPHS) (WHICH INCLUDES THE HUP AND CLINICAL PRACTICES OF THE UNIVERSITY OF PENNSYLVANIA (CPUP) DIVISIONS OF THE TRUSTEES OF THE UNIVERSITY OF PENNSYLVANIA), AS WELL AS CERTAIN AFFILIATES, ACCEPTS PATIENTS IN SERIOUS NEED OF MEDICAL CARE REGARDLESS OF THEIR FINANCIAL STATUS. THIS DEFINITION INCLUDES THOSE PATIENTS SUFFERING FROM A MEDICAL CONDITION MANIFESTING ITSELF BY ACUTE SYMPTOMS OF SUFFICIENT SEVERITY (INCLUDING SEVERE PAIN) SUCH THAT THE ABSENCE OF IMMEDIATE MEDICAL ATTENTION COULD REASONABLY BE EXPECTED TO RESULT IN (1) PLACING THE HEALTH OF THE INDIVIDUAL (OR, WITH RESPECT TO A PREGNANT WOMAN, THE HEALTH OF THE WOMAN OR HER UNBORN CHILD) IN SERIOUS JEOPARDY, OR (2) SERIOUS IMPAIRMENT TO BODILY FUNCTIONS. UPHS ALSO PROVIDES CARE TO PATIENTS WHO DO NOT HAVE HEALTH INSURANCE OR MEET THE CRITERIA TO QUALIFY FOR ITS CHARITY CARE POLICY, AND CERTAIN AMOUNTS CHARGED FOR SUCH SERVICES ARE DEEMED TO BE UNCOLLECTIBLE. UPHS MAINTAINS RECORDS TO IDENTIFY AND MONITOR THE LEVEL OF CHARITY CARE THEY PROVIDE. THESE RECORDS INCLUDE THE AMOUNT OF PAYMENT FORGONE, BASED ON ESTABLISHED RATES, FOR SERVICES AND SUPPLIES FURNISHED UNDER ITS CHARITY CARE POLICY. IN ADDITION TO PROVIDING DIRECT PATIENT CHARITY CARE, IN FURTHERANCE OF ITS EXEMPT PURPOSE TO BENEFIT THE COMMUNITY, THE UNIVERSITY OF PENNSYLVANIA HEALTH SYSTEM RECENTLY COMPLETED A COMMUNITY HEALTH NEEDS ASSESSMENT TO IDENTIFY THE MOST PRESSING HEALTH NEEDS IN THE SERVICE AREA AND DETERMINE HOW BEST TO ADDRESS THOSE NEEDS. THE UNIVERSITY OF PENNSYLVANIA HEALTH SYSTEM OPERATES EMERGENCY ROOMS OPEN TO THE PUBLIC 24 HOURS A DAY, 7 DAYS A WEEK; MAINTAINS RESEARCH FACILITIES FOR THE STUDY OF DISEASE AND INJURIES; PROVIDES FACILITIES FOR TEACHING AND TRAINING VARIOUS STUDENTS AND MEDICAL PERSONNEL; FACILITATES THE ADVANCEMENT OF MEDICAL AND SURGICAL EDUCATION; AND PROVIDES VARIOUS COMMUNITY SERVICES SUCH AS PROVIDING BASIC MEDICAL CARE FOR THE HOMELESS, TREATING OF CHRONIC DISEASE FOR LOW-INCOME RESIDENTS, AND PROVIDING WOMEN'S HEALTH SERVICES TO UNINSURED AND LOW-INCOME WOMEN OF ALL AGES; SCREENINGS FOR THE DETECTION OF BREAST, COLORECTAL, AND SKIN CANCER, CANCER SUPPORT GROUPS, A TOLL FREE NUMBER FOR CANCER INFORMATION, FREE IMMUNIZATION SHOTS, TRAINING PROGRAMS FOR THE CITY FIRE AND POLICE DEPARTMENTS, HEALTH EDUCATION CLASSES AND SPEECHES.Desc
FieldValueIRS element (for citing)
Total Other Prog Srvc Expense$1,196,121,403TotalOtherProgSrvcExpenseAmt
Total Other Prog Srvc Grant$311,647,000TotalOtherProgSrvcGrantAmt
Total Other Prog Srvc Revenue$1,045,951,041TotalOtherProgSrvcRevenueAmt
Total Program Service Expenses$4,784,485,611TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised FundYes (1)DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Temp Or Permanent EndowmentsYes (1)TempOrPermanentEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other SecYes (1)ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (1)ConsolidatedAuditFinclStmtInd
School OperatingYes (1)SchoolOperatingInd
Foreign OfficeYes (1)ForeignOfficeInd
Foreign ActivitiesYes (1)ForeignActivitiesInd
More Than5000 K To OrgYes (1)MoreThan5000KToOrgInd
More Than5000 K To IndividualsYes (1)MoreThan5000KToIndividualsInd
Professional FundraisingYes (1)ProfessionalFundraisingInd
Fundraising ActivitiesYes (1)FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate HospitalYes (1)OperateHospitalInd
Audited Financial Stmt AttYes (1)AuditedFinancialStmtAttInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To IndividualsYes (1)GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt BondsYes (1)TaxExemptBondsInd
Invest Tax Exempt Bonds0InvestTaxExemptBondsInd
Escrow Account0EscrowAccountInd
On Behalf Of Issuer0OnBehalfOfIssuerInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan OutstandingYes (1)LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With Officer Ent0BusinessRlnWithOfficerEntInd
Deductible Non Cash ContriYes (1)DeductibleNonCashContriInd
Deductible Art ContributionYes (1)DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded EntityYes (1)DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl EntYes (1)RelatedOrganizationCtrlEntInd
Transaction With Control EntYes (1)TransactionWithControlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document6100IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee49219EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitYes (1)UnrelatedBusIncmOverLimitInd
Form990 T FiledYes (1)Form990TFiledInd
Foreign Financial AccountYes (1)ForeignFinancialAccountInd
Foreign CountryAEForeignCountryCd
Foreign CountryBCForeignCountryCd
Foreign CountryBDForeignCountryCd
Foreign CountryCHForeignCountryCd
Foreign CountryEIForeignCountryCd
Foreign CountryFRForeignCountryCd
Foreign CountryHKForeignCountryCd
Foreign CountryJAForeignCountryCd
Foreign CountrySPForeignCountryCd
Foreign CountryUKForeignCountryCd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo ContributionsYes (1)QuidProQuoContributionsInd
Quid Pro Quo Contri DisclYes (1)QuidProQuoContriDisclInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Taxable Distributions0TaxableDistributionsInd
Distribution To Donor0DistributionToDonorInd
Indoor Tanning Services0IndoorTanningServicesInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members57GoverningBodyVotingMembersCnt
Independent Voting Member57IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint VentureYes (1)InvestmentInJointVentureInd
Written Policy Or ProcedureYes (1)WrittenPolicyOrProcedureInd
States Where Copy Of Return Is FldAKStatesWhereCopyOfReturnIsFldCd
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Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonLESLIE KRUHLYPersonNm
Phone2158987005PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1211 COLLEGE HALLAddressLine1Txt
CityPHILADELPHIACityNm
State AbbreviationPAStateAbbreviationCd
ZIP19104ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (101 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtOfficerOfficerIndKey EmployeeKeyEmployeeIndHighest Compensated EmployeeHighestCompensatedEmployeeIndFormer Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd
ALLAN C BELL ESQ
TRUSTEE3Yes (X)$0$0$0
SCOTT L BOK ESQ
TRUSTEE3Yes (X)$0$0$0
JUDITH L BOLLINGER
TRUSTEE3Yes (X)$0$0$0
DAVID M BRUSH
TRUSTEE3Yes (X)$0$0$0
GILBERT F CASELLAS ESQ
TRUSTEE3Yes (X)$0$0$0
ALBERTO J CHAMORRO
TRUSTEE0Yes (X)$0$0$0
DR WILLIAM W M CHEUNG DMD
TRUSTEE3Yes (X)$0$0$0
DR RAYMOND K F CHIEN
TRUSTEE3Yes (X)$0$0$00
DAVID L COHEN ESQ
CHAIRPERSON3Yes (X)$0$0$00
SUSAN FRIER DANILOW ESQ
TRUSTEE3Yes (X)$0$0$00
JAMES G DINAN
TRUSTEE0Yes (X)$0$0$03
LEE SPELMAN DOTY
TRUSTEE3Yes (X)$0$0$00
CONNIE K DUCKWORTH
TRUSTEE3Yes (X)$0$0$00
DAVID ERTEL
TRUSTEE3Yes (X)$0$0$00
JAY S FISHMAN
TRUSTEE3Yes (X)$0$0$00
CHRISTOPHER H FRANKLIN
TRUSTEE3Yes (X)$0$0$00
SARAH WILDER FULLER
TRUSTEE3Yes (X)$0$0$00
MICHAEL F GERBER
TRUSTEE3Yes (X)$0$0$00
PERRY GOLKIN ESQ
TRUSTEE3Yes (X)$0$0$00
JOEL M GREENBLATT
TRUSTEE3Yes (X)$0$0$00
JAMES H GREENE JR
TRUSTEE3Yes (X)$0$0$00
VAHAN H GUREGHIAN
TRUSTEE3Yes (X)$0$0$00
JANET F HAAS MD
TRUSTEE3Yes (X)$0$0$00
HON JON M HUNTSMAN JR
TRUSTEE3Yes (X)$0$0$00
OSAGIE O IMASOGIE ESQ
TRUSTEE3Yes (X)$0$0$00
JAMES C JOHNSON ESQ
TRUSTEE3Yes (X)$0$0$00
ROBERT S KAPITO
TRUSTEE3Yes (X)$0$0$00
MICHAEL J KOWALSKI
TRUSTEE3Yes (X)$0$0$00
SUSANNA E LACHS ESQ
TRUSTEE3Yes (X)$0$0$00
ANDREA BERRY LAPORTE
TRUSTEE3Yes (X)$0$0$00
WILLIAM P LAUDER
TRUSTEE3Yes (X)$0$0$00
CHARLES B LEITNER III
TRUSTEE3Yes (X)$0$0$00
ROBERT M LEVY
TRUSTEE3Yes (X)$0$0$00
CLAIRE LOMAX ESQ
TRUSTEE3Yes (X)$0$0$00
HOWARD S MARKS
TRUSTEE3Yes (X)$0$0$00
DR DEBORAH MARROW
TRUSEE3Yes (X)$0$0$00
MARC F MCMORRIS
TRUSTEE3Yes (X)$0$0$00
ANDREA MITCHELL
TRUSTEE3Yes (X)$0$0$00
KENNETH D MOELIS
TRUSTEE3Yes (X)$0$0$00
OFER NEMIROVSKY
TRUSTEE3Yes (X)$0$0$00
DANIEL S OCH
TRUSTEE3Yes (X)$0$0$00
SIMON D PALLEY
TRUSTEE3Yes (X)$0$0$00
EGBERT L J PERRY
TRUSTEE3Yes (X)$0$0$00
RICHARD C PERRY
TRUSTEE3Yes (X)$0$0$00
JULIE BEREN PLATT
TRUSTEE3Yes (X)$0$0$00
ANDREW S RACHLEFF
TRUSTEE3Yes (X)$0$0$00
RAMANAN RAGHAVENDRAN
TRUSTEE3Yes (X)$0$0$00
ANN REESE
TRUSTEE3Yes (X)$0$0$00
MARIE A SAVARD MD
TRUSTEE3Yes (X)$0$0$00
JOHN P SHOEMAKER
TRUSTEE3Yes (X)$0$0$00
JULIE BREIER SEAMAN
TRUSTEE3Yes (X)$0$0$00
DAVID M SILFEN
TRUSTEE3Yes (X)$0$0$00Yes (X)
AMB MARTIN J SILVERSTEIN
TRUSTEE3Yes (X)$0$0$00
DR KRISHNA P SINGH
TRUSTEE3Yes (X)$0$0$00
CAROL ELIZABETH WARE
TRUSTEE3Yes (X)$0$0$00
MARK B WERNER
TRUSTEE3Yes (X)$0$0$00
MARK O WINKLEMAN
TRUSTEE3Yes (X)$0$0$00
EHSAN EL TAHRY ZAYAN
TRUSTEE3Yes (X)$0$0$00
HON THOMAS CORBETT
EX OFFICIO TRUSTEE3Yes (X)$0$0$00
HON THOMAS W WOLF
EX OFFICIO TRUSTEE3Yes (X)$0$0$00
DR AMY GUTMANN
PRESIDENT EX OFFICIO TRUSTEE40Yes (X)$2,923,307$0$410,5710Yes (X)
BONNIE MIAO BANDEEN
TRUSTEE3$0$0$0Yes (X)
CRAIG CARNAROLI
EXECUTIVE VICE PRESIDENT40$1,080,092$0$315,0171Yes (X)
JEFFREY COOPER
VP GOVT AND COMMUNITY RELATIONS40$383,578$0$49,9690Yes (X)
BONNIE GIBSON
VP BUDGET AND MGMT ANALYSIS40$380,240$0$55,4870Yes (X)
STEPHEN GOLDING
VP FINANCE AND TREASURER40$485,101$0$58,6970Yes (X)
JOHN HEUER
VP HUMAN RESOURCES40$403,540$0$46,8060Yes (X)
JOHN HORN
COMPTROLLER40$293,804$0$28,8240Yes (X)
LARRY JAMESON
EXEC. VP UPHS DEAN OF PSOM40$2,295,714$0$370,0070Yes (X)
LESLIE KRUHLY
VP AND SECRETARY40$328,674$0$41,3670Yes (X)
STEPHEN J MACCARTHY
VP COMMUNICATIONS40$437,970$0$62,4100Yes (X)
JOANN MITCHELL
VP INSTITUTIONAL AFFAIRS40$380,636$0$44,0750Yes (X)
THOMAS MURPHY
VP INFO SYSTEMS AND COMPUTING40$474,908$0$55,8030Yes (X)
ANNE PAPAGEORGE
VP FACILITIES AND REAL ESTATE40$448,005$0$48,2024Yes (X)
VINCENT PRICE
PROVOST40$848,825$0$199,9541Yes (X)
GREGORY ROST
VP AND CHIEF OF STAFF40$491,254$0$62,3191Yes (X)
MAUREEN RUSH
VP PUBLIC SAFETY40$326,123$0$58,4992Yes (X)
WENDY WHITE
SR VP AND GENERAL COUNSEL40$714,037$0$75,0541Yes (X)
MARIE WITT
VP BUSINESS SERVICES40$335,965$0$51,5340Yes (X)
JOHN ZELLER
VP DEVELOPMENT ALUMNI RELTNS40$656,569$0$79,6070Yes (X)
PETER AMMON
CHIEF INVESTMENT OFFICER40$1,200,798$0$67,7890Yes (X)
ANDREW BINNS
ASSOCIATE PROVOST40$325,787$0$43,8520Yes (X)
DAWN BONNELL
VICE PROVOST FOR RESEARCH40$386,411$0$33,3150Yes (X)
PATRICK BRENNAN MD
SR VP CHIEF MEDICAL OFFICER40$737,766$0$45,7291Yes (X)
REBECCA COOKE
V. DEAN ADMIN PSOM40$508,308$0$47,9040Yes (X)
GLEN N GAULTON
VICE DEAN PSOM40$774,221$0$39,9660Yes (X)
ELIZABETH B JOHNSTON
EXECUTIVE DIRECTOR CPUP40$971,896$0$120,5012Yes (X)
KEITH KASPER
CFO UPHS25$1,128,150$0$140,97724Yes (X)
KEVIN MAHONEY
SVP UPHS CHIEF ADMIN OFFICER40$1,217,169$0$142,4107Yes (X)
GAIL MORRISON
VICE DEAN EDUCATION PSOM40$675,811$0$43,7940Yes (X)
RALPH MULLER
CEO UPHS40$2,525,282$0$305,4608Yes (X)
PHILLIP OKALA
SR VP UPHS BUS DEVELOPMENT40$936,998$0$97,5020Yes (X)
PETER D QUINN MD DMD
SR VP UPHS VICE DEAN PSOM40$2,017,541$0$39,6292Yes (X)
JEFFREY COOPER
VP GOVT AND COMMUNITY RELATIONS40$316,657$0$292,6550Yes (X)
GARRY L SCHEIB
COO UPHS40$1,576,397$0$195,5446Yes (X)
THOMAS L SPRAY MD
CHOP SURGERY40$8,341,335$0$35,0950Yes (X)
N SCOTT ADZICK MD
CHOP SURGERY40$2,130,046$0$40,7000Yes (X)
MICHAEL SEAN GRADY MD
SURGEON OTORHINOLARYNGOLOGY40$1,854,305$0$52,9770Yes (X)
WILLIAM C WELCH MD
NEUROSURGERY40$1,710,380$0$44,7550Yes (X)
PAUL MARCOTTE MD
NEUROSURGERY40$1,667,017$0$40,0540Yes (X)
ARTHUR RUBENSTEIN
FORMER EXEC VP DEAN PSOM40$456,091$0$46,4930Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$45,146,708TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$4,031,303TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K5798IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedYes (1)FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other SrcsYes (1)CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
LF DRISCOLL CO
9 PRESIDENTIAL BLVDBALA CYNWYDPA19107CONSTRUCTION MANAGEMENT$87,416,695
ALLIED BARTON SECURITY SERVICES
EIGHT TOWER BRIDGECONSHOHOCKENPA19428SECURITY SERVICES$21,757,433
TRISTATE BENEFIT SOLUTIONS
619 OAK STREET 1ST FLOORCINCINNATIOH45206BILLING SERVICES$21,397,307
COMPASS GROUP USA
2400 YOURKMONT ROADCHARLOTTENC28127DINING SERVICES$14,046,622
UNIQUE ADVANTAGE
3624 MARKET STREET SUITE 1SDPHILADELPHIAPA19104REHAB & MGMT SERVICES$7,637,942
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K5CntrctRcvdGreaterThan100KCnt
Federated Campaigns$0FederatedCampaignsAmt
Membership Dues$0MembershipDuesAmt
Fundraising$371,746FundraisingAmt
Related Organizations$0RelatedOrganizationsAmt
Government Grants$737,955,000GovernmentGrantsAmt
All Other Contributions$508,261,254AllOtherContributionsAmt
Noncash Contributions$70,240,918NoncashContributionsAmt
Total Contributions$1,246,588,000TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (4 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmtUnrelated Business RevenueUnrelatedBusinessRevenueAmtExclusionExclusionAmt
TUITION & FEES900099$1,152,144,000$1,152,144,000$0$0
NET PATIENT SERVICE HEALTHCARE REVENUES621110$2,491,974,000$2,491,974,000$0$0
AUXILIARY ENTERPRISES611710$419,763,000$419,763,000$0$0
OTHER PROGRAM SERVICE REVENUES611710$119,923,165$101,691,896$18,231,269$0

Total Oth Program Service Rev TotalOthProgramServiceRevGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$4,183,804,165TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$111,338,000TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$6,791,410UnrelatedBusinessRevenueAmt
Exclusion$104,546,590ExclusionAmt

Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt

Royalties Revenue RoyaltiesRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$31,990,000TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$31,990,000ExclusionAmt

Gross Rents GrossRentsGrp

FieldValueIRS element (for citing)
Real$3,208,000RealAmt
Personal$0PersonalAmt

Less Rental Expenses LessRentalExpensesGrp

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

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real$3,208,000RealAmt
Personal$0PersonalAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$3,208,000TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$3,208,000ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$10,293,702,000SecuritiesAmt
Other$0OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$9,575,807,000SecuritiesAmt
Other$2,176,000OtherAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$717,895,000SecuritiesAmt
Other-$2,176,000OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$715,719,000TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$715,719,000ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$44,476FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event$371,746ContriRptFundraisingEventAmt
Fundraising Direct Expenses$184,641FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column-$140,165TotalRevenueColumnAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion-$140,165ExclusionAmt
FieldValueIRS element (for citing)
Gaming Gross Income$0GamingGrossIncomeAmt
Gaming Direct Expenses$0GamingDirectExpensesAmt

Net Income From Gaming NetIncomeFromGamingGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt
FieldValueIRS element (for citing)
Gross Sales Of Inventory$5,625,000GrossSalesOfInventoryAmt
Cost Of Goods Sold$4,089,000CostOfGoodsSoldAmt

Net Income Or Loss NetIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,536,000TotalRevenueColumnAmt
Related Or Exempt Func Income$1,536,000RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt

Miscellaneous Revenue MiscellaneousRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt
FieldValueIRS element (for citing)
Other Revenue Total$0OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$6,294,043,000TotalRevenueColumnAmt
Related Or Exempt Func Income$4,167,108,896RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$25,022,679UnrelatedBusinessRevenueAmt
Exclusion$855,323,425ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt
Program Services$0ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$390,979,000TotalAmt
Program Services$390,979,000ProgramServicesAmt

Foreign Grants ForeignGrantsGrp

FieldValueIRS element (for citing)
Total$709,858TotalAmt
Program Services$709,858ProgramServicesAmt

Benefits To Members BenefitsToMembersGrp

FieldValueIRS element (for citing)
Total$0TotalAmt
Program Services$0ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$36,874,586TotalAmt
Program Services$35,030,857ProgramServicesAmt
Management And General$1,843,729ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Comp Disqual Persons CompDisqualPersonsGrp

FieldValueIRS element (for citing)
Total$6,689,419TotalAmt
Program Services$6,354,948ProgramServicesAmt
Management And General$334,471ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$2,309,207,995TotalAmt
Program Services$2,015,023,116ProgramServicesAmt
Management And General$254,012,879ManagementAndGeneralAmt
Fundraising$40,172,000FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$164,997,000TotalAmt
Program Services$140,247,000ProgramServicesAmt
Management And General$18,150,000ManagementAndGeneralAmt
Fundraising$6,600,000FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$316,394,000TotalAmt
Program Services$268,014,000ProgramServicesAmt
Management And General$34,803,000ManagementAndGeneralAmt
Fundraising$13,577,000FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$151,928,000TotalAmt
Program Services$132,573,000ProgramServicesAmt
Management And General$16,712,000ManagementAndGeneralAmt
Fundraising$2,643,000FundraisingAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$8,423,000TotalAmt
Program Services$6,991,000ProgramServicesAmt
Management And General$458,000ManagementAndGeneralAmt
Fundraising$974,000FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$21,468,000TotalAmt
Program Services$17,818,000ProgramServicesAmt
Management And General$3,617,000ManagementAndGeneralAmt
Fundraising$33,000FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$2,092,000TotalAmt
Program Services$1,820,000ProgramServicesAmt
Management And General$268,000ManagementAndGeneralAmt
Fundraising$4,000FundraisingAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

FieldValueIRS element (for citing)
Total$81,000TotalAmt
Program Services$67,000ProgramServicesAmt
Management And General$14,000ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Fees For Services Prof Fundraising FeesForServicesProfFundraising

FieldValueIRS element (for citing)
Total$633,044TotalAmt
Fundraising$633,044FundraisingAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$19,288,000TotalAmt
Program Services$16,009,000ProgramServicesAmt
Management And General$3,279,000ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$341,949,000TotalAmt
Program Services$288,731,000ProgramServicesAmt
Management And General$47,873,000ManagementAndGeneralAmt
Fundraising$5,345,000FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$18,225,000TotalAmt
Program Services$14,996,000ProgramServicesAmt
Management And General$2,916,000ManagementAndGeneralAmt
Fundraising$313,000FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$178,540,000TotalAmt
Program Services$157,729,000ProgramServicesAmt
Management And General$12,498,000ManagementAndGeneralAmt
Fundraising$8,313,000FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$1,715,000TotalAmt
Program Services$1,075,000ProgramServicesAmt
Management And General$274,000ManagementAndGeneralAmt
Fundraising$366,000FundraisingAmt

Royalties RoyaltiesGrp

FieldValueIRS element (for citing)
Total$55,000TotalAmt
Program Services$55,000ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$250,066,000TotalAmt
Program Services$225,059,000ProgramServicesAmt
Management And General$23,668,000ManagementAndGeneralAmt
Fundraising$1,339,000FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$73,918,000TotalAmt
Program Services$64,103,000ProgramServicesAmt
Management And General$5,913,000ManagementAndGeneralAmt
Fundraising$3,902,000FundraisingAmt

Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp

FieldValueIRS element (for citing)
Total$0TotalAmt
Program Services$0ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$34,059,000TotalAmt
Program Services$24,748,000ProgramServicesAmt
Management And General$2,725,000ManagementAndGeneralAmt
Fundraising$6,586,000FundraisingAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$59,379,000TotalAmt
Program Services$53,438,000ProgramServicesAmt
Management And General$5,938,000ManagementAndGeneralAmt
Fundraising$3,000FundraisingAmt

Payments To Affiliates PaymentsToAffiliatesGrp

FieldValueIRS element (for citing)
Total$162,000TotalAmt
Program Services$162,000ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$300,451,000TotalAmt
Program Services$270,406,000ProgramServicesAmt
Management And General$30,045,000ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$82,458,000TotalAmt
Program Services$71,738,000ProgramServicesAmt
Management And General$10,720,000ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
MEDICAL SUPPLIES$426,218,000$426,218,000$0$0
OTHER TAXES$77,216,000$74,900,000$2,274,000$42,000
G&C OVERHEAD EXPENSES$47,483,000$41,310,000$6,173,000$0
MISCELLANEOUS EXPENSES AND OTHER$43,397,098$38,180,832$2,164,002$3,052,264

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$5,365,056,000TotalAmt
Program Services$4,784,485,611ProgramServicesAmt
Management And General$486,673,081ManagementAndGeneralAmt
Fundraising$93,897,308FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

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

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$1,067,877,000BOYAmt
EOY$873,301,000EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$322,892,000BOYAmt
EOY$267,531,000EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$418,609,000BOYAmt
EOY$487,937,000EOYAmt

Receivables From Officers Etc ReceivablesFromOfficersEtcGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$1,250,000EOYAmt

Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$148,214EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
BOY$93,726,000BOYAmt
EOY$95,283,786EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

FieldValueIRS element (for citing)
BOY$16,180,183BOYAmt
EOY$17,427,000EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$52,000,694BOYAmt
EOY$43,880,000EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$7,783,617,000LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$3,489,874,000LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$4,034,865,000BOYAmt
EOY$4,293,743,000EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$6,167,905,260BOYAmt
EOY$2,080,887,900EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$4,076,194,740BOYAmt
EOY$8,925,109,100EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt

Intangible Assets IntangibleAssetsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$147,998,123BOYAmt
EOY$144,357,000EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$16,398,248,000BOYAmt
EOY$17,230,855,000EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$1,362,690,000BOYAmt
EOY$1,416,399,000EOYAmt

Grants Payable GrantsPayableGrp

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

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$111,432,000BOYAmt
EOY$114,469,000EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$1,348,402,000BOYAmt
EOY$1,417,302,000EOYAmt

Escrow Account Liability EscrowAccountLiabilityGrp

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

Loans From Officers Directors LoansFromOfficersDirectorsGrp

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

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$812,000BOYAmt
EOY$775,000EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

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

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$1,557,927,000BOYAmt
EOY$1,779,836,000EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$4,381,263,000BOYAmt
EOY$4,728,781,000EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$6,326,161,000BOYAmt
EOY$6,580,028,000EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$2,676,799,000BOYAmt
EOY$2,740,156,000EOYAmt

Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$3,014,025,000BOYAmt
EOY$3,181,890,000EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$12,016,985,000BOYAmt
EOY$12,502,074,000EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$16,398,248,000BOYAmt
EOY$17,230,855,000EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss$928,987,000ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst-$106,852,000NetUnrlzdGainsLossesInvstAmt
Donated Services And Use Fclts$0DonatedServicesAndUseFcltsAmt
Investment Expense$0InvestmentExpenseAmt
Prior Period Adjustments$0PriorPeriodAdjustmentsAmt
Other Changes In Net Assets-$337,046,000OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consolidated Basis Fincl StmtYes (X)ConsolidatedBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit RequiredYes (1)FederalGrantAuditRequiredInd
Federal Grant Audit PerformedYes (1)FederalGrantAuditPerformedInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
SchoolYes (X)SchoolInd

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Schedule A, Part I, Line 8Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources : 2010-114,057,436; 2011- 139,371,259; 2012-190,848,313; 2013-133,084,947; 2014-139,689,590, TOTAL: 717,051,545
Schedule A, Part I, Line 10Other income. Do not include gain or loss from the sale of capital assets: 2010- 1,862,000; 2011-1,726,000; 2012-1,449,000; 2013- 1,613,000; 2014-1,536,000; TOTAL= 8,186,000
Schedule A, Part II, Line 1Gifts, grants, contributions, and membership fees received: 2010-1,451,557,000; 2011-1,314,155,000; 2012-1,383,430,000; 2013-1,311,611,000.; 2014-1,246,588,000 TOTAL:6,707,341,000
Schedule A, Part II, Line 14Public support percentage for 2014- 90.24%

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

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

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Donor Advised Funds Held3DonorAdvisedFundsHeldCnt
Funds And Other Accounts Held0FundsAndOtherAccountsHeldCnt
Donor Advised Funds Contri$0DonorAdvisedFundsContriAmt
Funds And Other Accounts Contri$0FundsAndOtherAccountsContriAmt
Donor Advised Funds Grants$133,180DonorAdvisedFundsGrantsAmt
Funds And Other Accounts Grants$0FundsAndOtherAccountsGrantsAmt
Donor Advised Funds Vl EOY$1,776,822DonorAdvisedFundsVlEOYAmt
Funds And Other Accounts Vl EOY$0FundsAndOtherAccountsVlEOYAmt
Disclosed Org Leg CtrlYes (1)DisclosedOrgLegCtrlInd
Disclosed For Charitable PrpsYes (1)DisclosedForCharitablePrpsInd

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$9,168,772,072BeginningYearBalanceAmt
Contributions$230,022,469ContributionsAmt
Investment Earnings Or Losses$638,749,658InvestmentEarningsOrLossesAmt
Grants Or Scholarships$0GrantsOrScholarshipsAmt
Other Expenditures$329,439,057OtherExpendituresAmt
Administrative Expenses$0AdministrativeExpensesAmt
End Year Balance$9,708,105,142EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$7,827,594,279BeginningYearBalanceAmt
Contributions$294,067,010ContributionsAmt
Investment Earnings Or Losses$1,323,529,783InvestmentEarningsOrLossesAmt
Grants Or Scholarships$0GrantsOrScholarshipsAmt
Other Expenditures$277,022,000OtherExpendituresAmt
Administrative Expenses$0AdministrativeExpensesAmt
End Year Balance$9,168,169,072EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$6,816,978,627BeginningYearBalanceAmt
Contributions$327,276,890ContributionsAmt
Investment Earnings Or Losses$941,202,272InvestmentEarningsOrLossesAmt
Grants Or Scholarships$0GrantsOrScholarshipsAmt
Other Expenditures$257,261,000OtherExpendituresAmt
Administrative Expenses$0AdministrativeExpensesAmt
End Year Balance$7,828,196,789EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$6,254,552,023BeginningYearBalanceAmt
Contributions$339,992,512ContributionsAmt
Investment Earnings Or Losses$454,967,092InvestmentEarningsOrLossesAmt
Grants Or Scholarships$0GrantsOrScholarshipsAmt
Other Expenditures$232,533,000OtherExpendituresAmt
Administrative Expenses$0AdministrativeExpensesAmt
End Year Balance$6,816,978,627EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$5,385,975,350BeginningYearBalanceAmt
Contributions$126,576,673ContributionsAmt
Investment Earnings Or Losses$949,861,000InvestmentEarningsOrLossesAmt
Grants Or Scholarships$0GrantsOrScholarshipsAmt
Other Expenditures$207,861,000OtherExpendituresAmt
Administrative Expenses$0AdministrativeExpensesAmt
End Year Balance$6,254,552,023EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY0.4494BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY0.3245PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY0.2261TermEndowmentBalanceEOYPct
Endowments Held Unrelated OrgYes (1)EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org0EndowmentsHeldRelatedOrgInd

Land LandGrp

FieldValueIRS element (for citing)
Investment Cost Or Other Basis$0InvestmentCostOrOtherBasisAmt
Other Cost Or Other Basis$270,751,000OtherCostOrOtherBasisAmt
Book Value$270,751,000BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Investment Cost Or Other Basis$0InvestmentCostOrOtherBasisAmt
Other Cost Or Other Basis$5,965,413,000OtherCostOrOtherBasisAmt
Depreciation$2,523,292,000DepreciationAmt
Book Value$3,442,121,000BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Investment Cost Or Other Basis$0InvestmentCostOrOtherBasisAmt
Other Cost Or Other Basis$0OtherCostOrOtherBasisAmt
Depreciation$0DepreciationAmt
Book Value$0BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Investment Cost Or Other Basis$0InvestmentCostOrOtherBasisAmt
Other Cost Or Other Basis$1,150,172,000OtherCostOrOtherBasisAmt
Depreciation$966,582,000DepreciationAmt
Book Value$183,590,000BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Investment Cost Or Other Basis$0InvestmentCostOrOtherBasisAmt
Other Cost Or Other Basis$397,281,000OtherCostOrOtherBasisAmt
Depreciation$0DepreciationAmt
Book Value$397,281,000BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$4,293,743,000TotalBookValueLandBuildingsAmt

Financial Derivatives FinancialDerivativesGrp

FieldValueIRS element (for citing)
Book Value$8,381,458,039BookValueAmt
Method ValuationFMethodValuationCd

Closely Held Equity Interests CloselyHeldEquityInterestsGrp

FieldValueIRS element (for citing)
Book Value$506,612,061BookValueAmt
Method ValuationFMethodValuationCd

Other Securities OtherSecuritiesGrp

FieldValueIRS element (for citing)
DescINVESTMENT IN SUBSIDIARIESDesc
Book Value$37,039,000BookValueAmt
Method ValuationFMethodValuationCd
FieldValueIRS element (for citing)
Total Book Value Securities$8,925,109,100TotalBookValueSecuritiesAmt
Federal Income Tax Liability$0FederalIncomeTaxLiabilityAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (6 entries)

DescDescAmtAmt
LIABILITIES ASSOCIATED W/ INV.$207,158,000
DEPOSITS$114,989,000
FEDERAL STUDENT LOAN ADVANCES$80,349,000
ACCRUED RETIREMENT BENEFITS$1,119,202,000
INTERCO DUE TO/(FROM) AFFILIATES-$49,882,000
TAXABLE BOND LIABILITY$308,020,000
FieldValueIRS element (for citing)
Total Liability$1,779,836,000TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Schedule D, Part V, Line 4USE OF ENDOWMENT FUNDS DURING THE YEAR ENDED JUNE 30, 2015, THE UNIVERSITY'S ENDOWMENT CONSISTED OF 5,718 DONOR-RESTRICTED PERMANENT OR TERM ENDOWMENT FUNDS AND 863 UNRESTRICTED ENDOWMENT FUNDS ESTABLISHED BY THE UNIVERSITY'S BOARD OF TRUSTEES TO BE USED IN FURTHERANCE OF THE ORGANIZATION'S TAX-EXEMPT PURPOSES.
Schedule D, Part X, Line 1OTHER LIABILITIES DETAIL THE INTERCOMPANY DUE TO/(FROM) AFFILIATES BALANCE INCLUDES AMOUNTS OWED TO/(DUE FROM) AFFILIATES BASED UPON THE UNIVERSITY'S CENTRAL MANAGEMENT OF THE CASH HELD BY CERTAIN UNIVERSITY AFFILIATES.
Schedule D, Part X, Line 2TEXT OF FIN 48 (ASC 740) FOOTNOTE THE UNIVERSITY EVALUATES ITS TAX POSITION BASED ON THE FASB STANDARD ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, WHICH REQUIRES THE USE OF A TWO-STEP APPROACH FOR RECOGNIZING AND MEASURING TAX BENEFITS TAKEN OR EXPECTED TO BE TAKEN IN AN UNRELATED BUSINESS ACTIVITY TAX RETURN AND DISCLOSURES REGARDING UNCERTAINTIES IN TAX POSITIONS. THE FIRST STEP IS RECOGNITION: THE UNIVERSITY DETERMINES WHETHER IT IS MORE LIKELY THAN NOT THAT A TAX POSITION WILL BE SUSTAINED UPON EXAMINATION, INCLUDING RESOLUTION OF ANY RELATED APPEALS OR LITIGATION PROCESSES, BASED ON THE TECHNICAL MERITS OF THE POSITION. IN EVALUATING WHETHER A TAX POSITION HAS MET THE MORE-LIKELY-THAN-NOT RECOGNITION THRESHOLD, THE UNIVERSITY PRESUMES THAT THE POSITION WILL BE EXAMINED BY THE APPROPRIATE TAXING AUTHORITY THAT HAS FULL KNOWLEDGE OF ALL RELEVANT INFORMATION. THE SECOND STEP IS MEASUREMENT: A TAX POSITION THAT MEETS THE MORE-LIKELY-THAN-NOT THRESHOLD IS MEASURED TO DETERMINE THE AMOUNT OF BENEFIT TO RECOGNIZE IN THE FINANCIAL STATEMENTS. THE TAX POSITION IS MEASURED AT THE LARGEST AMOUNT OF BENEFIT THAT IS GREATER THAN 50 PERCENT LIKELY OF BEING REALIZED UPON ULTIMATE SETTLEMENT. DIFFERENCE BETWEEN TAX POSITIONS TAKEN IN A TAX RETURN AND AMOUNTS RECOGNIZED IN THE FINANCIAL STATEMENTS WILL GENERALLY RESULT IN AN INCREASE IN A LIABILITY FOR INCOME TAXES PAYABLE OR A REDUCTION OF AN INCOME TAX REFUND RECEIVABLE.

Schedule E IRS990ScheduleE

FieldValueIRS element (for citing)
Nondiscriminatory Policy StmtYes (1)NondiscriminatoryPolicyStmtInd
Policy Stmt In Brochures EtcYes (1)PolicyStmtInBrochuresEtcInd
Plcy Pblczd Via Broadcast MediaYes (1)PlcyPblczdViaBroadcastMediaInd
Maintain Racial Comp RecsYes (1)MaintainRacialCompRecsInd
Maintain Scholarships RecsYes (1)MaintainScholarshipsRecsInd
Maintain Cpy Of Brochures EtcYes (1)MaintainCpyOfBrochuresEtcInd
Maintain Cpy Of All SolYes (1)MaintainCpyOfAllSolInd
Discriminate Race Stdnts Rghts0DiscriminateRaceStdntsRghtsInd
Discriminate Race Admiss Plcy0DiscriminateRaceAdmissPlcyInd
Discriminate Race Emplm Fculty0DiscriminateRaceEmplmFcultyInd
Discriminate Race Schs0DiscriminateRaceSchsInd
Discriminate Race Educ Plcy0DiscriminateRaceEducPlcyInd
Discriminate Race Use Of Fclts0DiscriminateRaceUseOfFcltsInd
Discriminate Race Athlt Prog0DiscriminateRaceAthltProgInd
Discriminate Race Other Acty0DiscriminateRaceOtherActyInd
Government Financial Aid RcvdYes (1)GovernmentFinancialAidRcvdInd
Government Financial Aid Rvkd0GovernmentFinancialAidRvkdInd
Compliance With Rev Proc7550Yes (1)ComplianceWithRevProc7550Ind

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Schedule E, Part I, Line 3THE TRUSTEES OF THE UNIVERSITY OF PENNSYLVANIA (THE "UNIVERSITY") PUBLISHES ITS RACIALLY NON-DISCRIMINATORY POLICY IN THE STUDENT CATALOGUE, ON ITS FINANCIAL AID APPLICATIONS AND IN OTHER BROCHURES WHICH DESCRIBE THE UNIVERSITY OF PENNSYLVANIA, ITS SCHOOLS, CENTERS, AND INSTITUTES.
Schedule E, Part I, Line 6DESCRIPTION OF FINANCIAL AID/ASSISTANCE FROM GOV'T AGENCY THE UNIVERSITY IS A PRIVATE NON-PROFIT INSTITUTION THAT RECEIVES DIRECT ANNUAL NON-PREFERRED APPROPRIATIONS FROM THE COMMONWEALTH OF PENNSYLVANIA. THE UNIVERSITY ALSO RECEIVES VARIOUS GOVERNMENTAL FUNDING WHICH SUPPORTS ITS EDUCATIONAL, PATIENT CARE, AND RESEARCH MISSIONS.

Schedule F IRS990ScheduleF

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Account Activities Outside US AccountActivitiesOutsideUSGrp (103 entries)

RegionRegionTxtOfficesOfficesCntEmployeeEmployeeCntType Of Activities ConductedTypeOfActivitiesConductedTxtSpecific Services ProvidedSpecificServicesProvidedTxtRegion Total ExpendituresRegionTotalExpendituresAmt
Central America and the Caribbean01Speaking at Seminars or ConferencesSEND AGENTS TO SEMINAR$25,284
Central America and the Caribbean01Conducting Board Meetings$2,538
Central America and the Caribbean05Fundraising$34,773
Central America and the Caribbean018Program ServicesEDUCATION & TRAINING$83,661
Central America and the Caribbean09FundraisingFIELD RESEARCH$101,682
Central America and the Caribbean017Program ServicesSTUDY ABROAD/EDUCATION$489,452
Central America and the Caribbean00Program ServicesRESEARCH$40,004
Central America and the Caribbean01Program ServicesSTUDY ABROAD/RESEARCH$8,551
Central America and the Caribbean00Program ServicesRECRUITING$3,153
Central America and the Caribbean00Investments$2,178,803,308
East Asia and the Pacific00Grantmaking$14,532
East Asia and the Pacific088Speaking at Seminars or Conferences$578,417
East Asia and the Pacific00Conducting Board Meetings$24,577
East Asia and the Pacific0174Fundraising$1,395,847
East Asia and the Pacific010Program ServicesCLINICAL TRIALS$5,000
East Asia and the Pacific00Program ServicesROYALTIES$4,301
East Asia and the Pacific151Program ServicesEDUCATION AND TRAINING$2,294,839
East Asia and the Pacific044Program ServicesFIELD RESEARCH$572,186
East Asia and the Pacific00Program ServicesRESEARC$1,281,505
East Asia and the Pacific01Program ServicesSOCIAL RESEARCH$37,520
East Asia and the Pacific05Program ServicesSTUDY ABROAD/EDUCATION$1,420,940
East Asia and the Pacific222Program ServicesSTUDY ABROAD/RESEARCH$1,311,935
East Asia and the Pacific017Program ServicesRECRUITING$238,618
East Asia and the Pacific00Investments$220,562,756
Europe (including Iceland and Greenland)0206Speaking at Seminars or Conferences$1,592,668
Europe (including Iceland and Greenland)02Conducting Board Meetings$23,659
Europe (including Iceland and Greenland)054Fundraising$1,487,570
Europe (including Iceland and Greenland)00Grantmaking$495,951
Europe (including Iceland and Greenland)032Program ServicesCLINICAL TRIALS$34,165
Europe (including Iceland and Greenland)00Program ServicesROYALTIES$6,168
Europe (including Iceland and Greenland)0270Program ServicesEDUCATION & TRAINING$2,158,270
Europe (including Iceland and Greenland)2122Program ServicesFIELD RESEARCH$2,948,384
Europe (including Iceland and Greenland)00Program ServicesRESEARCH$609,114
Europe (including Iceland and Greenland)00Program ServicesSOCIAL RESEARCH$678,717
Europe (including Iceland and Greenland)16Program ServicesSTUDY ABROAD/EDUCATION$4,764,669
Europe (including Iceland and Greenland)017Program ServicesSTUDY ABROAD/RESEARCH$260,568
Europe (including Iceland and Greenland)05Program ServicesRECRUITING$94,158
Europe (including Iceland and Greenland)00Investments$176,000,468
Middle East and North Africa08Speaking at Seminars or Conferences$96,167
Middle East and North Africa01Fundraising$42,336
Middle East and North Africa00Grantmaking$144,375
Middle East and North Africa00Program ServicesCLINICAL TRIALS$43,126
Middle East and North Africa054Program ServicesEDUCATION & TRAINING$524,771
Middle East and North Africa1136Program ServicesFIELD RESEARCH$187,375
Middle East and North Africa00Program ServicesRESEARCH$145,207
Middle East and North Africa00Program ServicesSOCIAL RESEARCH$13,674
Middle East and North Africa02Program ServicesSTUDY ABROAD/EDUCATION$325,592
Middle East and North Africa02Program ServicesSTUDY ABROAD/RESEARCH$89,606
Middle East and North Africa00Program ServicesRECRUITING$46,902
Middle East and North Africa00Investments$117,650
North America (including Canada and Mexico, but not the United States)087Speaking at Seminars or Conferences$357,360
North America (including Canada and Mexico, but not the United States)01Conducting Board Meetings$822
North America (including Canada and Mexico, but not the United States)00Fundraising$44,023
North America (including Canada and Mexico, but not the United States)00Grantmaking$33,000
North America (including Canada and Mexico, but not the United States)00Program ServicesROYALTIES$2,267
North America (including Canada and Mexico, but not the United States)069Program ServicesEDUCATION & TRAINING$415,825
Russia and the newly independent States035Program ServicesFIELD RESEARCH$322,782
North America (including Canada and Mexico, but not the United States)00Program ServicesRESEARCH$343,045
North America (including Canada and Mexico, but not the United States)01Program ServicesSOCIAL RESEARCH$5,946
North America (including Canada and Mexico, but not the United States)00Program ServicesSTUDY ABROAD/EDUCATION$38,170
North America (including Canada and Mexico, but not the United States)06Program ServicesSTUDY ABROAD/RESEARCH$39,854
North America (including Canada and Mexico, but not the United States)00Investments$231,069,807
Russia and the newly independent States06Speaking at Seminars or Conferences$16,269
Russia and the newly independent States00Grantmaking$12,000
Russia and the newly independent States017Program ServicesCLINICAL TRIALS$155,975
Russia and the newly independent States05Program Services82,244$82,244
Russia and the newly independent States132Program ServicesFIELD RESEARCH$68,445
Russia and the newly independent States00Program ServicesRESEARCH$40,080
Russia and the newly independent States00Program ServicesSTUDY ABROAD/EDUCATION$196,298
Russia and the newly independent States00Program ServicesSTUDY ABROAD/RESEARCH$16,581
Russia and the newly independent States00Program ServicesRECRUITING$3,634
South America023Speaking at Seminars or Conferences$134,789
South America00Conducting Board Meetings$2,912
South America011Fundraising$80,298
South America010Program ServicesEDUCATION & TRAINING$812,668
South America014Program ServicesFIELD RESEARCH$271,573
South America00Program ServicesRESEARCH$567,938
South America00Program ServicesSOCIAL RESEARCH$62,482
South America05Program ServicesSTUDY ABROAD/EDUCATION$1,244,167
South America07Program ServicesSTUDY ABROAD/RESEARCH$82,286
South America043Program ServicesRECRUITING$42,079
South Asia017Speaking at Seminars or Conferences$41,685
South Asia2Conducting Board Meetings$8,440
South Asia2Fundraising$135,542
South AsiaGrantmaking$10,000
South Asia20Program ServicesEDUCATION & TRAINING$644,139
South Asia3Program ServicesFIELD RESEARCH$42,945
South AsiaProgram Servicesresearch$134,723
South Asia2Program ServicesSOCIAL RESEARCH$102,210
South Asia8Program ServicesSTUDY ABROAD/EDUCATION$369,558
South AsiaProgram ServicesSTUDY ABROAD/RESEARCH$20,504
South AsiaProgram ServicesRECRUITING$38,120
Sub-Saharan Africa4Speaking at Seminars or Conferences$80,884
Sub-Saharan AfricaFundraising$1,292
Sub-Saharan Africa15Program ServicesEDUCATION & TRAINING$219,427
Sub-Saharan Africa634Program Services$3,213,531
Sub-Saharan AfricaProgram ServicesRESEARCH$12,585
Sub-Saharan AfricaProgram ServicesSOCIAL RESEARCH$11,634
Sub-Saharan Africa15Program ServicesSTUDY ABROAD/EDUCATION$702,206
Sub-Saharan Africa24Program ServicesSTUDY ABROAD/RESEARCH$34,300
Sub-Saharan AfricaProgram ServicesRECRUITING$20,191
Sub-Saharan AfricaInvestments$28,502,513
North America (including Canada and Mexico, but not the United States)Program Servicesrecruiting$26,923
FieldValueIRS element (for citing)
Total Office14TotalOfficeCnt
Total Employee1899TotalEmployeeCnt
Total Spent$2,873,205,660TotalSpentAmt

Grants To Org Outside US GrantsToOrgOutsideUSGrp (4 entries)

RegionRegionTxtPurpose Of GrantPurposeOfGrantTxtCash GrantCashGrantAmtManner Of Cash DisbursementMannerOfCashDisbursementTxtDescription Of Non Cash AsstDescriptionOfNonCashAsstTxtValuation Method UsedValuationMethodUsedDesc
Europe (including Iceland and Greenland)ARCHITECT DESIGN$84,196WIREN/AN/A
Europe (including Iceland and Greenland)CITY PLANNING$12,661CREDIT CARDN/AN/A
Europe (including Iceland and Greenland)UR PROJECT SUBAWARD$277,565WIREN/AN/A
Europe (including Iceland and Greenland)SUMMER IMMERSION$34,456WIREN/AN/A
FieldValueIRS element (for citing)
Total501c3 Org4Total501c3OrgCnt
Total Other Org4TotalOtherOrgCnt

Foreign Individuals Grants ForeignIndividualsGrantsGrp (9 entries)

Type Of AssistanceTypeOfAssistanceTxtRegionRegionTxtRecipientRecipientCntCash GrantCashGrantAmtManner Of Cash DisbursementMannerOfCashDisbursementTxtDescription Of Non Cash AsstDescriptionOfNonCashAsstTxtValuation Method UsedValuationMethodUsedDesc
awardEast Asia and the Pacific2$14,532checkN/AN/A
AWARDEurope (including Iceland and Greenland)2$80,742WIREN/AN/A
PRIZEEurope (including Iceland and Greenland)1$6,331CHECKN/AN/A
AWARDMiddle East and North Africa1$118,000WIREN/AN/A
LOAN FORGIVENESSMiddle East and North Africa1$5,000WIREN/AN/A
PRIZEMiddle East and North Africa1$21,375OTHERN/AN/A
AWARDNorth America (including Canada and Mexico, but not the United States)4$33,000CHECKN/AN/A
AWARDRussia and the newly independent States2$12,000CHECKN/AN/A
AWARDSouth Asia1$10,000CHECKN/AN/A
FieldValueIRS element (for citing)
Transfer To Foreign CorpYes (1)TransferToForeignCorpInd
Interest In Foreign TrustYes (1)InterestInForeignTrustInd
Foreign Corp OwnershipYes (1)ForeignCorpOwnershipInd
Passive Foreign Investmest CoYes (1)PassiveForeignInvestmestCoInd
Foreign PartnershipYes (1)ForeignPartnershipInd
Boycott CountriesYes (1)BoycottCountriesInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSchedule F, Part I, Line 2FormAndLineReferenceDesc
ExplanationPROCEDURE FOR MONITORING THE USE OF GRANT FUNDS OUTSIDE THE U.S. THE TRUSTEES OF THE UNIVERSITY OF PENNSYLVANIA OFFICE OF RESEARCH SERVICES IS RESPONSIBLE FOR MONITORING THE USE OF GRANT FUNDS PURSUANT TO ESTABLISHED POLICES AND PROTOCOL. THESE POLICIES COVER GRANTS MADE BOTH WITHIN AND OUTSIDE THE U.S.ExplanationTxt

Schedule G IRS990ScheduleG

FieldValueIRS element (for citing)
Mail SolicitationsYes (X)MailSolicitationsInd
Email SolicitationsYes (X)EmailSolicitationsInd
Phone SolicitationsYes (X)PhoneSolicitationsInd
In Person SolicitationsYes (X)InPersonSolicitationsInd
Solicitation Of Non Govt GrantsYes (X)SolicitationOfNonGovtGrantsInd
Solicitation Of Govt GrantsYes (X)SolicitationOfGovtGrantsInd
Agrmt Prof Fundraising ActyYes (1)AgrmtProfFundraisingActyInd

Fundraiser Activity Info FundraiserActivityInfoGrp

Organization Business Name OrganizationBusinessName

FieldValueIRS element (for citing)
Business Name Line1RUFFALO NOEL LEVITZBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line11025 Kirkwood Pkwy SWAddressLine1Txt
CityCedar RapidsCityNm
State AbbreviationIAStateAbbreviationCd
ZIP52404ZIPCd
FieldValueIRS element (for citing)
Activitymanaged call centersActivityTxt
Fundraiser Control Of Funds0FundraiserControlOfFundsInd
Gross Receipts$2,868,094GrossReceiptsAmt
Retained By Contractor$633,044RetainedByContractorAmt
Net To Organization$2,235,050NetToOrganizationAmt
FieldValueIRS element (for citing)
Total Gross Receipts$2,868,094TotalGrossReceiptsAmt
Total Retained By Contractors$633,044TotalRetainedByContractorsAmt
Total Net To Organization$2,235,050TotalNetToOrganizationAmt
All StatesAll StatesAllStatesCd

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1MOONLIGHT & ROSESEvent1Nm
Gross Receipts Event1$260,948GrossReceiptsEvent1Amt
Charitable Contri Event1$222,753CharitableContriEvent1Amt
Gross Revenue Event1$38,195GrossRevenueEvent1Amt
Cash Prizes Event1$0CashPrizesEvent1Amt
Non Cash Prizes Event1$0NonCashPrizesEvent1Amt
Rent Facility Costs Event1$0RentFacilityCostsEvent1Amt
Food And Beverage Event1$0FoodAndBeverageEvent1Amt
Entertainment Event1$0EntertainmentEvent1Amt
Other Direct Expenses Event1$130,104OtherDirectExpensesEvent1Amt
Event2BIG NIGHT OUTEvent2Nm
Gross Receipts Event2$82,143GrossReceiptsEvent2Amt
Charitable Contri Event2$82,143CharitableContriEvent2Amt
Gross Revenue Event2$0GrossRevenueEvent2Amt
Cash Prizes Event2$0CashPrizesEvent2Amt
Non Cash Prizes Event2$0NonCashPrizesEvent2Amt
Rent Facility Costs Event2$0RentFacilityCostsEvent2Amt
Food And Beverage Event2$0FoodAndBeverageEvent2Amt
Entertainment Event2$0EntertainmentEvent2Amt
Other Direct Expenses Event2$14,430OtherDirectExpensesEvent2Amt
Other Events Total1OtherEventsTotalCnt
Gross Receipts Other Events$73,131GrossReceiptsOtherEventsAmt
Charitable Contri Other Events$66,850CharitableContriOtherEventsAmt
Gross Revenue Other Events$6,281GrossRevenueOtherEventsAmt
Cash Prizes Other Events$0CashPrizesOtherEventsAmt
Non Cash Prizes Other Events$0NonCashPrizesOtherEventsAmt
Rent Fclty Costs Other Events$0RentFcltyCostsOtherEventsAmt
Food And Beverage Other Events$0FoodAndBeverageOtherEventsAmt
Entertainment Other Events$0EntertainmentOtherEventsAmt
Oth Direct Expnss Other Events$40,107OthDirectExpnssOtherEventsAmt
Gross Receipts Total$416,222GrossReceiptsTotalAmt
Charitable Contributions Tot$371,746CharitableContributionsTotAmt
Gross Revenue Total Events$44,476GrossRevenueTotalEventsAmt
Cash Prizes Total Events$0CashPrizesTotalEventsAmt
Non Cash Prizes Total Events$0NonCashPrizesTotalEventsAmt
Rent Fclty Costs Total Events$0RentFcltyCostsTotalEventsAmt
Food And Beverage Total Events$0FoodAndBeverageTotalEventsAmt
Entertainment Total Events$0EntertainmentTotalEventsAmt
Oth Direct Expnss Total Events$184,641OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$184,641DirectExpenseSummaryEventsAmt
Net Income Summary-$140,165NetIncomeSummaryAmt

Schedule H IRS990ScheduleH

FieldValueIRS element (for citing)
Financial Assistance PolicyYes (1)FinancialAssistancePolicyInd
Written PolicyYes (1)WrittenPolicyInd
All Hospitals PolicyYes (X)AllHospitalsPolicyInd
FPG Reference Free CareYes (1)FPGReferenceFreeCareInd

Free Care Oth Percentage FreeCareOthPercentageGrp

FieldValueIRS element (for citing)
OtherYes (X)OtherInd
Free Care Other300FreeCareOtherPct
FieldValueIRS element (for citing)
FPG Reference Discounted CareYes (1)FPGReferenceDiscountedCareInd
Percent300Yes (X)Percent300Ind
Free Care Medically IndigentYes (1)FreeCareMedicallyIndigentInd
Financial Assistance Budget0FinancialAssistanceBudgetInd
Annual Community Bnft ReportYes (1)AnnualCommunityBnftReportInd
Report Publically AvailableYes (1)ReportPublicallyAvailableInd

Financial Assistance At Cost Typ FinancialAssistanceAtCostTyp

FieldValueIRS element (for citing)
Activities Or Programs0ActivitiesOrProgramsCnt
Persons Served0PersonsServedCnt
Total Community Benefit Expns$2,568,414TotalCommunityBenefitExpnsAmt
Direct Offsetting Revenue$0DirectOffsettingRevenueAmt
Net Community Benefit Expns$2,568,414NetCommunityBenefitExpnsAmt
Total Expense0.01TotalExpensePct

Unreimbursed Medicaid UnreimbursedMedicaidGrp

FieldValueIRS element (for citing)
Activities Or Programs0ActivitiesOrProgramsCnt
Persons Served0PersonsServedCnt
Total Community Benefit Expns$313,453,707TotalCommunityBenefitExpnsAmt
Direct Offsetting Revenue$247,703,199DirectOffsettingRevenueAmt
Net Community Benefit Expns$65,750,508NetCommunityBenefitExpnsAmt
Total Expense0.01TotalExpensePct

Unreimbursed Costs UnreimbursedCostsGrp

FieldValueIRS element (for citing)
Activities Or Programs0ActivitiesOrProgramsCnt
Persons Served0PersonsServedCnt
Total Community Benefit Expns$0TotalCommunityBenefitExpnsAmt
Direct Offsetting Revenue$0DirectOffsettingRevenueAmt
Net Community Benefit Expns$0NetCommunityBenefitExpnsAmt
Total Expense0TotalExpensePct

Total Financial Assistance Typ TotalFinancialAssistanceTyp

FieldValueIRS element (for citing)
Activities Or Programs0ActivitiesOrProgramsCnt
Persons Served0PersonsServedCnt
Total Community Benefit Expns$316,022,121TotalCommunityBenefitExpnsAmt
Direct Offsetting Revenue$247,703,199DirectOffsettingRevenueAmt
Net Community Benefit Expns$68,318,922NetCommunityBenefitExpnsAmt
Total Expense0.02TotalExpensePct

Community Health Services CommunityHealthServicesGrp

FieldValueIRS element (for citing)
Activities Or Programs0ActivitiesOrProgramsCnt
Persons Served0PersonsServedCnt
Total Community Benefit Expns$0TotalCommunityBenefitExpnsAmt
Direct Offsetting Revenue$0DirectOffsettingRevenueAmt
Net Community Benefit Expns$0NetCommunityBenefitExpnsAmt
Total Expense0TotalExpensePct

Health Professions Education HealthProfessionsEducationGrp

FieldValueIRS element (for citing)
Activities Or Programs0ActivitiesOrProgramsCnt
Persons Served0PersonsServedCnt
Total Community Benefit Expns$110,667,105TotalCommunityBenefitExpnsAmt
Direct Offsetting Revenue$47,192,112DirectOffsettingRevenueAmt
Net Community Benefit Expns$63,474,993NetCommunityBenefitExpnsAmt
Total Expense0.01TotalExpensePct

Subsidized Health Services SubsidizedHealthServicesGrp

FieldValueIRS element (for citing)
Activities Or Programs0ActivitiesOrProgramsCnt
Persons Served0PersonsServedCnt
Total Community Benefit Expns$0TotalCommunityBenefitExpnsAmt
Direct Offsetting Revenue$0DirectOffsettingRevenueAmt
Net Community Benefit Expns$0NetCommunityBenefitExpnsAmt

Research ResearchGrp

FieldValueIRS element (for citing)
Activities Or Programs0ActivitiesOrProgramsCnt
Persons Served0PersonsServedCnt
Total Community Benefit Expns$648,696,073TotalCommunityBenefitExpnsAmt
Direct Offsetting Revenue$523,881,201DirectOffsettingRevenueAmt
Net Community Benefit Expns$124,814,872NetCommunityBenefitExpnsAmt
Total Expense0.02TotalExpensePct

Cash And In Kind Contributions CashAndInKindContributionsGrp

FieldValueIRS element (for citing)
Activities Or Programs0ActivitiesOrProgramsCnt
Persons Served0PersonsServedCnt
Total Community Benefit Expns$0TotalCommunityBenefitExpnsAmt
Direct Offsetting Revenue$0DirectOffsettingRevenueAmt
Net Community Benefit Expns$0NetCommunityBenefitExpnsAmt
Total Expense0TotalExpensePct

Total Other Benefits TotalOtherBenefitsGrp

FieldValueIRS element (for citing)
Activities Or Programs0ActivitiesOrProgramsCnt
Persons Served0PersonsServedCnt
Total Community Benefit Expns$759,363,178TotalCommunityBenefitExpnsAmt
Direct Offsetting Revenue$571,073,313DirectOffsettingRevenueAmt
Net Community Benefit Expns$188,289,865NetCommunityBenefitExpnsAmt
Total Expense0.03TotalExpensePct

Total Community Benefits TotalCommunityBenefitsGrp

FieldValueIRS element (for citing)
Activities Or Programs0ActivitiesOrProgramsCnt
Persons Served0PersonsServedCnt
Total Community Benefit Expns$1,075,385,299TotalCommunityBenefitExpnsAmt
Direct Offsetting Revenue$818,776,512DirectOffsettingRevenueAmt
Net Community Benefit Expns$256,608,787NetCommunityBenefitExpnsAmt
Total Expense0.05TotalExpensePct

Other Communtity Building Acty OtherCommuntityBuildingActyGrp

FieldValueIRS element (for citing)
Activities Or Programs0ActivitiesOrProgramsCnt
Persons Served0PersonsServedCnt
Total Community Benefit Expns$0TotalCommunityBenefitExpnsAmt
Direct Offsetting Revenue$0DirectOffsettingRevenueAmt
Net Community Benefit Expns$0NetCommunityBenefitExpnsAmt
Total Expense0TotalExpensePct
FieldValueIRS element (for citing)
Bad Debt Expense ReportedYes (1)BadDebtExpenseReportedInd
Bad Debt Expense$135,749,681BadDebtExpenseAmt
Bad Debt Expense Attributable$100,986,716BadDebtExpenseAttributableAmt
Reimbursed By Medicare$457,096,388ReimbursedByMedicareAmt
Cost Of Care Reimbursed By Medcr$453,313,688CostOfCareReimbursedByMedcrAmt
Medicare Surplus Or Shortfall$3,782,700MedicareSurplusOrShortfallAmt

Costing Methodology Used CostingMethodologyUsedGrp

FieldValueIRS element (for citing)
Cost To Charge RatioYes (X)CostToChargeRatioInd
FieldValueIRS element (for citing)
Written Debt Collection PolicyYes (1)WrittenDebtCollectionPolicyInd
Financial Assistance PrvsnYes (1)FinancialAssistancePrvsnInd
Hospital Facilities1HospitalFacilitiesCnt

Hospital Facilities HospitalFacilitiesGrp

FieldValueIRS element (for citing)
Facility1FacilityNum

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE HOSPITAL OF THE UNIV OF PENNBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line13400 SPRUCE STREETAddressLine1Txt
CityPHILADELPHIACityNm
State AbbreviationPAStateAbbreviationCd
ZIP19104ZIPCd
FieldValueIRS element (for citing)
Website AddressWWW.PENNMEDICINE.ORGWebsiteAddressTxt
State License341101StateLicenseNum
Licensed HospitalYes (X)LicensedHospitalInd
General Medical And SurgicalYes (X)GeneralMedicalAndSurgicalInd
Teaching HospitalYes (X)TeachingHospitalInd
Critical Access HospitalYes (X)CriticalAccessHospitalInd
Research FacilityYes (X)ResearchFacilityInd

Hospital Fclty Policies Prctc HospitalFcltyPoliciesPrctcGrp

Hospital Facility Name HospitalFacilityName

FieldValueIRS element (for citing)
Business Name Line1THE HOSPITAL OF THE UNIV OF PENNBusinessNameLine1Txt
FieldValueIRS element (for citing)
Facility1FacilityNum
First Licensed CY Or PY0FirstLicensedCYOrPYInd
Tax Exempt Hospital CY Or PY0TaxExemptHospitalCYOrPYInd
CHNA ConductedYes (1)CHNAConductedInd
Community DefinitionYes (X)CommunityDefinitionInd
Community DemographicsYes (X)CommunityDemographicsInd
Existing ResourcesYes (X)ExistingResourcesInd
How Data ObtainedYes (X)HowDataObtainedInd
Community Health NeedsYes (X)CommunityHealthNeedsInd
Other Health IssuesYes (X)OtherHealthIssuesInd
Community Hlth Needs Id ProcessYes (X)CommunityHlthNeedsIdProcessInd
Consulting ProcessYes (X)ConsultingProcessInd
Information GapsYes (X)InformationGapsInd
CHNA Conducted12CHNAConductedYr
Take Into Account Others InputYes (1)TakeIntoAccountOthersInputInd
CHNA Conducted With Other FcltsYes (1)CHNAConductedWithOtherFcltsInd
CHNA Conducted With Non Fclts0CHNAConductedWithNonFcltsInd
CHNA Report Widely AvailableYes (1)CHNAReportWidelyAvailableInd
Rpt Available On Own WebsiteYes (X)RptAvailableOnOwnWebsiteInd
Own Website URLSEE SCHEDULE H PART V SECTION COwnWebsiteURLTxt
Paper Copy Public InspectionYes (X)PaperCopyPublicInspectionInd
Implementation Strategy AdoptYes (1)ImplementationStrategyAdoptInd
Implementation Strategy Adpt12ImplementationStrategyAdptYr
Strategy Posted WebsiteYes (1)StrategyPostedWebsiteInd
Strategy Website URLSEE SCHEDULE H, PART V, SECTION CStrategyWebsiteURLTxt
Strategy Attached0StrategyAttachedInd
Organization Incur Excise Tax0OrganizationIncurExciseTaxInd
Elig Criteria ExplainedYes (1)EligCriteriaExplainedInd
FPG Family Incm Lmt Free DscntYes (X)FPGFamilyIncmLmtFreeDscntInd
FPG Family Incm Lmt Free Care300FPGFamilyIncmLmtFreeCarePct
FPG Family Incm Lmt Dscnt Care300FPGFamilyIncmLmtDscntCarePct
Income Level CriteriaYes (X)IncomeLevelCriteriaInd
Asset Level CriteriaYes (X)AssetLevelCriteriaInd
Explained BasisYes (1)ExplainedBasisInd
App Financial Asst ExplnYes (1)AppFinancialAsstExplnInd
Described InfoYes (X)DescribedInfoInd
Described Suprt DocYes (X)DescribedSuprtDocInd
Includes Publicity MeasuresYes (1)IncludesPublicityMeasuresInd
FAP Available On WebsiteYes (X)FAPAvailableOnWebsiteInd
FAP Available On Website URLSEE SCHEDULE H, PART V, SECTION CFAPAvailableOnWebsiteURLTxt
FAP Avlbl On Request No ChargeYes (X)FAPAvlblOnRequestNoChargeInd
FAP Sum Avlbl On Request No ChrgYes (X)FAPSumAvlblOnRequestNoChrgInd
FAP Notice DisplayedYes (X)FAPNoticeDisplayedInd
FAP Actions On NonpaymentYes (1)FAPActionsOnNonpaymentInd
Permit No ActionsYes (X)PermitNoActionsInd
Collection Activities0CollectionActivitiesInd
FAP Notified Upon AdmissionYes (X)FAPNotifiedUponAdmissionInd
FAP Notified Before DischargeYes (X)FAPNotifiedBeforeDischargeInd
FAP Notified All PatientsYes (X)FAPNotifiedAllPatientsInd
Nondis Emergency Care PolicyYes (1)NondisEmergencyCarePolicyInd
Average Negotiated RatesYes (X)AverageNegotiatedRatesInd
Amounts Generally Billed0AmountsGenerallyBilledInd
Gross Charges0GrossChargesInd

Supplemental Information SupplementalInformationGrp (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Schedule H, Part V, Section B, Line 5-THE HOSPITAL OF THE UNIV OF PENNPART V, SECTION B, LINES 5, 6A & 6B (INPUT FROM COMMUNITY; JOINT CHNA) THE UNIVERSITY OF PENNSYLVANIA IS A MEMBER OF THE DELAWARE VALLEY HEALTHCARE COUNCIL OF HOSPITAL & HEALTH SYSTEM ASSOCIATION OF PENNSYLVANIA ("DVHC"), THE MEMBERSHIP ASSOCIATION FOR HOSPITALS IN THE FIVE-COUNTY REGION OF SOUTHEASTERN PENNSYLVANIA. DVHC ESTABLISHED A COMMUNITY HEALTH NEEDS ASSESSMENT ("CHNA") WORKGROUP TO ASSIST HOSPITALS IN: - UNDERSTANDING AFFORDABLE CARE ACT (ACA) REQUIREMENTS AND INTERNAL REVENUE SERVICE GUIDANCE AROUND COMMUNITY HEALTH NEEDS ASSESSMENTS. - IDENTIFYING THE BEST RESOURCES, TOOLS, AND SERVICES FOR CONDUCTING NEEDS ASSESSMENTS. THE WORKGROUP CONSISTED OF REPRESENTATIVES FROM THE FOLLOWING COLLABORATING HOSPITALS, HEALTH SYSTEMS, AND ORGANIZATIONS: -ABINGTON HEALTH -ARIA HEALTH -BUCKS COUNTY HEALTH IMPROVEMENT PARTNERSHIP -THE CHILDREN'S HOSPITAL OF PHILADELPHIA -CROZER-KEYSTONE HEALTH SYSTEM -EINSTEIN HEALTHCARE NETWORK -HOLY REDEEMER -JEFFERSON HEALTH SYSTEM ("JHS") (INCLUDING THOMAS JEFFERSON UNIVERSITY HOSPITALS, INC., MAIN LINE HEALTH, AND MAGEE REHABILITATION HOSPITAL)- JHS DISBANNED AS OF JUNE 30, 2014. -MERCY HEALTH SYSTEM OF SEPA -PENN MEDICINE (THE HOSPITAL OF THE UNIVERSITY OF PENNSYLVANIA, PENN PRESBYTERIAN MEDICAL CENTER, AND PENNSYLVANIA HOSPITAL) -ST. MARY MEDICAL CENTER -TEMPLE UNIVERSITY HEALTH SYSTEM
Schedule H, Part V, Section B, Line 6a-THE HOSPITAL OF THE UNIV OF PENNTHE WORKGROUP CONSISTED OF REPRESENTATIVES FROM THE FOLLOWING COLLABORATING HOSPITALS, HEALTH SYSTEMS, AND ORGANIZATIONS: -ABINGTON HEALTH -ARIA HEALTH -BUCKS COUNTY HEALTH IMPROVEMENT PARTNERSHIP -THE CHILDREN'S HOSPITAL OF PHILADELPHIA -CROZER-KEYSTONE HEALTH SYSTEM -EINSTEIN HEALTHCARE NETWORK -HOLY REDEEMERTHE WORKGROUP CONSISTED OF REPRESENTATIVES FROM THE FOLLOWING COLLABORATING HOSPITALS, HEALTH SYSTEMS, AND ORGANIZATIONS: -ABINGTON HEALTH -ARIA HEALTH -BUCKS COUNTY HEALTH IMPROVEMENT PARTNERSHIP -THE CHILDREN'S HOSPITAL OF PHILADELPHIA -CROZER-KEYSTONE HEALTH SYSTEM -EINSTEIN HEALTHCARE NETWORK -HOLY REDEEMER
Schedule H, Part V, Section B, Line 11-THE HOSPITAL OF THE UNIV OF PENNFOR A COMPLETE DESCRIPTION ON HOW THE ORGANIZATION IS ADDRESSING THE NEEDS IDENTIFIED IN THE MOST RECENTLY COMPLETED CHNA, SEE THE FOLLOWING: HTTPS://WWW.PENNMEDICINE.ORG/WHY-PENN/SERVING-OUR-COMMUNITY/REPORTS
FieldValueIRS element (for citing)
Facility16FacilityNum

Oth Hlth Care Fclts Not Hospital OthHlthCareFcltsNotHospitalGrp

Oth Hlth Care Fclts OthHlthCareFcltsGrp (16 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdFacilityFacilityTxt
PENN MEDICINE AT RADNOR
250 KING OF PRUSSIA ROADBALA CYNWYDPA19004OUTPATIENT FACILITY
PENN MEDICINE AT BUCKS COUNTY
777 TOWNSHIP LINE ROADYARDLEYPA19067OUTPATIENT FACILITY
PENN MEDICINE AT VALLEY FORGE
1001 CHESTERBROOK BLVDBERWYNPA19312OUTPATIENT FACILITY
PENN MEDICINE AT WOODBURY HEIGHTS
1006 MANTUA PIKEWOODBURY HEIGHTSNJ08097OUTPATIENT FACILITY
PENN MEDICINE AT RITTENHOUSE
1800 LOMBARD STREETPHILADELPHIAPA19146INPATIENT REHABILITATION
ANATOMY CHEMISTRY
420 GUARDIAN DRIVEPHILADEPHIAPA19104RESEARCH FACILITY
BIOMEDICAL RESEARCH BUILDING 2
500 OSLER CIRCLEPHILADELPHIAPA19104RESEARCH FACILITY
BLOCKLEY HALL
423 GUARDIAN DRIVEPHILADELPHIAPA19104RESEARCH FACILITY
CAROLYN HOFF LYNCH BIOLOGY LAB
435 S UNIVERSITY AVENUEPHILADELPHIAPA19104RESEARCH FACILITY
CHEMISTRY LABORATORIES - 1958 WING
231 S 34TH STREETPHILADELPHIAPA19104RESEARCH FACILITY
CHESTNUT HALL
3900 CHESTNUT STREETPHILADELPHIAPA19104RESEARCH FACILITY
CLINICAL RESEARCH BUILDING
415 CURIE BLVDPHILADELPHIAPA19104RESEARCH FACILITY
GL LABORATORY BUILDING
500 SOUTH RIDGEWAYGLENOLDENPA19036RESEARCH FACILITY
GODDARD LABORATORIES
3710 HAMILTON WALKPHILADELPHIAPA19104RESEARCH FACILITY
HAYDEN HALL
3320 SMITH WALKPHILADELPHIAPA19104RESEARCH FACILITY
PERELMAN CENTER FOR ADVANCED MEDICINE
3400 CIVIC CENTER BOULEVARDPHILADELPHIAPA19104OUTPATIENT FACILITY

Supplemental Information Detail SupplementalInformationDetail (13 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Schedule H, Part I, Line 3cTHE UNIVERSITY OF PENNSYLVANIA HEALTH SYSTEM PROVIDES URGENT/EMERGENT MEDICAL SERVICES WITHOUT REGARD TO ABILITY TO PAY. WHEN IT HAS BEEN DETERMINED THAT A PATIENT IS NOT ELIGIBLE FOR COVERAGE BY EXTERNAL SOURCES OF FUNDING, FINANCIAL ASSISTANCE MAY BE AVAILABLE FOR BOTH THE UNINSURED AND UNDERINSURED, THE INDIGENT, HARDSHIP AND MEDICALLY INDIGENT AND MAY BE APPROVED AS EITHER FULL OR PARTIAL FREE CARE. PATIENTS WHO DO NOT COOPERATE WITH THE FINANCIAL COUNSELING PROCESS OR WHOSE APPLICATION FOR FINANCIAL ASSISTANCE IS DENIED BY THE HEALTH SYSTEM MAY BE PURSUED BY COLLECTION EFFORTS, INCLUDING REFERRAL TO AN OUTSIDE COLLECTION AGENCY OR ATTORNEY AS DETERMINED BY OUR PATIENT ACCOUNTING DEPARTMENT.
Schedule H, Part I, Line 6aSINCE 2007, UPHS HAS PUBLISHED AN ANNUAL COMMUNITY BENEFIT REPORT, "SIMPLY BECAUSE," WHICH HIGHLIGHTS SOME OF THE EXTENSIVE WORK UPHS PERFORMS IN THE COMMUNITY. THIS WIDELY DISTRIBUTED REPORT INCLUDES EXAMPLES OF OUR COMMUNITY EFFORTS AS WELL AS STATISTICS RELATED TO THE COMMUNITY BENEFIT WE PROVIDE. ADDITIONALLY, LAST YEAR UPHS IMPLEMENTED OUR "PENN MEDICINE CARES" (COMMUNITY ACTIVITY REPORTING E-INITIATIVE) PROGRAM. WHILE THE "SIMPLY BECAUSE" REPORT PROVIDES US A BRIEF GLIMPSE INTO ALL THE GOOD WORK UPHS PERSONNEL ARE INVOLVED IN, IT REPRESENTS ONLY A FRACTION OF THE TOTAL COMMUNITY SERVICE WORK THAT OCCURS. WE DEVELOPED THIS REPORTING PROGRAM TO ENCOURAGE OUR EMPLOYEES TO REPORT ALL OF THE COMMUNITY SERVICES THEY PROVIDE SO THAT WE CAN BETTER TRACK COMMUNITY OUTREACH, ENCOURAGE MORE VOLUNTEERISM AND BETTER TARGET OUR EFFORTS TO MEET THE GREATEST COMMUNITY NEEDS. HTTPS://WWW.PENNMEDICINE.ORG/WHY-PENN/SERVING-OUR-COMMUNITY/REPORTS
Schedule H, Part I, Line 7cost to charge ratio
Schedule H, Part I, Line 7gTHE COSTING METHODOLOGY USED IN DETERMINING THE AMOUNT REPORTED ON LINE 6 IS BASED ON A COST TO CHARGE RATIO. CONSISTENT WITH THE CHARTIABLE HEALTHCARE MISSION OF UPHS AND THE COMMUNITY BENEFIT STANDARD SET FORTH IN IRS REVENUE RULING 69-545, UPHS PROVIDES CARE FOR ALL PATIENTS COVERED BY MEDICARE SEEKING MEDICAL CARE AT UPHS. SUCH CARE IS PROVIDED REGARDLESS OF WHETHER THE REIMBURSEMENT PROVIDED FOR SUCH SERVICES MEETS OR EXCEEDS THE COSTS INCURRED BY UPHS TO PROVIDE SUCH SERVICES. PART I, LINE 7 (BAD DEBT EXPENSE, COSTING METHODOLOGY USED) THE BAD DEBT EXPENSE AMOUNT INCLUDED ON FORM 990, PART IX, COLUMN 25(A) WAS $5,594,000 RELATED TO ACADEMIC BAD DEBTS FOR THE YEAR ENDED JUNE 30, 2015. CONSISTENT WITH PRIOR YEAR, PATIENT SERVICE BAD DEBTS ARE TREATED AS A CONTRA-REVENUE LINE ITEM ON THE STATEMENT OF REVENUE. THE COSTING METHODOLOGY USED IN CALCULATING THE AMOUNTS REPORTED ON THE LINE 7 TABLE ARE BASED ON A COST TO CHARGE RATIO. THE COST TO CHARGE RATIO WAS DERIVED FROM WORKSHEET 2 OF THE FORM 990, SCHEDULE H INSTRUCTIONS. PART I, LINE 7 (BAD DEBT EXPENSE, COSTING METHODOLOGY USED) THE BAD DEBT EXPENSE AMOUNT INCLUDED ON FORM 990, PART IX, COLUMN 25(A) WAS $5,594,000 RELATED TO ACADEMIC BAD DEBTS FOR THE YEAR ENDED JUNE 30, 2015. CONSISTENT WITH PRIOR YEAR, PATIENT SERVICE BAD DEBTS ARE TREATED AS A CONTRA-REVENUE LINE ITEM ON THE STATEMENT OF REVENUE. THE COSTING METHODOLOGY USED IN CALCULATING THE AMOUNTS REPORTED ON THE LINE 7 TABLE ARE BASED ON A COST TO CHARGE RATIO. THE COST TO CHARGE RATIO WAS DERIVED FROM WORKSHEET 2 OF THE FORM 990, SCHEDULE H INSTRUCTIONS. FOR FINANCIAL ASSISTANCE IS DENIED BY THE HEALTH SYSTEM MAY BE PURSUED BY COLLECTION EFFORTS, INCLUDING REFERRAL TO AN OUTSIDE COLLECTION AGENCY OR ATTORNEY AS DETERMINED BY OUR PATIENT ACCOUNTING DEPARTMENT.
Schedule H, Part III, Section A, Line 4PART I, LINE 7 (BAD DEBT EXPENSE, COSTING METHODOLOGY USED) THE BAD DEBT EXPENSE AMOUNT INCLUDED ON FORM 990, PART IX, COLUMN 25(A) WAS $5,594,000 RELATED TO ACADEMIC BAD DEBTS FOR THE YEAR ENDED JUNE 30, 2015. CONSISTENT WITH PRIOR YEAR, PATIENT SERVICE BAD DEBTS ARE TREATED AS A CONTRA-REVENUE LINE ITEM ON THE STATEMENT OF REVENUE. THE COSTING METHODOLOGY USED IN CALCULATING THE AMOUNTS REPORTED ON THE LINE 7 TABLE ARE BASED ON A COST TO CHARGE RATIO. THE COST TO CHARGE RATIO WAS DERIVED FROM WORKSHEET 2 OF THE FORM 990, SCHEDULE H INSTRUCTIONS.
Schedule H, Part III, Section B, Line 8A COPY OF THE ORGANIZATION'S FINANCIAL ASSISTANCE POLICY CAN BE ACCESSED AT: HTTPS://WWW.PENNMEDICINE.ORG/FOR-PATIENTS-AND-VISITORS/PATIENT-INFORMATION /PRIVACY-AND-HEALTH-CARE-POLICIES/FINANCIAL-ASSISTANCE.
Schedule H, Part III, Section C, Line 9bPART III, LINE 9B (COLLECTION PRACTICES) THE UNIVERSITY OF PENNSYLVANIA HEALTH SYSTEM PROVIDES URGENT/EMERGENT MEDICAL SERVICES WITHOUT REGARD TO ABILITY TO PAY. WHEN IT HAS BEEN DETERMINED THAT A PATIENT IS NOT ELIGIBLE FOR COVERAGE BY EXTERNAL SOURCES OF FUNDING, FINANCIAL ASSISTANCE MAY BE AVAILABLE FOR BOTH THE UNINSURED AND UNDERINSURED, THE INDIGENT, HARDSHIP AND MEDICALLY INDIGENT AND MAY BE APPROVED AS EITHER FULL OR PARTIAL FREE CARE. PATIENTS WHO DO NOT COOPERATE WITH THE FINANCIAL COUNSELING PROCESS OR WHOSE APPLICATION FOR FINANCIAL ASSISTANCE IS DENIED BY THE HEALTH SYSTEM MAY BE PURSUED BY COLLECTION EFFORTS, INCLUDING REFERRAL TO AN OUTSIDE COLLECTION AGENCY OR ATTORNEY AS DETERMINED BY OUR PATIENT ACCOUNTING DEPARTMENT.
Schedule H, Part VI, Line 2THE MISSION OF UPHS IS TO PROVIDE THE MOST ADVANCED AND HIGHEST QUALITY PATIENT CARE POSSIBLE; TO PROVIDE A RICH AND DIVERSE EDUCATIONAL ENVIRONMENT FOR STUDENTS AND TRAINEES; AND TO SUPPORT CLINICAL RESEARCH THAT PUSHES THE BOUNDARIES OF CURRENT HUMAN KNOWLEDGE. TO THESE ENDS, UPHS IS AN ACTIVE PARTICIPANT IN THE WEST PHILADELPHIA NEIGHBORHOOD THAT IS OUR HOME. ON ANY GIVEN DAY, UPHS PHYSICIANS, NURSES, MEDICAL STUDENTS AND VOLUNTEERS ARE OUT IN THE COMMUNITY SHARING THEIR SKILLS, THEIR TALENTS AND MOST IMPORTANTLY, THEMSELVES FOR THE BETTERMENT OF THE COMMUNITY. - HOW UPHS IDENTIFIES AND TAKES ACTION TO ADDRESS RACIAL, ETHNIC, AND GENDER DISPARITIES IN MEDICAL CARE EVERY DAY IN OUR NEIGHBORHOOD CLINICS, IN OUR EMERGENCY ROOM AND PHYSICIANS' OFFICES WE SEE THE EFFECTS OF RACIAL, ETHNIC AND GENDER DISPARITIES IN HEALTH CARE. IN KEEPING WITH OUR CHARITABLE PURPOSE, UPHS ACCEPTS PATIENTS IN NEED OF URGENT MEDICAL CARE REGARDLESS OF THEIR FINANCIAL STATUS OR ANY OTHER SOCIO-ECONOMIC FACTORS. AS THE MAIN PROVIDER IN A SERVICE AREA THAT INCLUDES A NUMBER OF ECONOMICALLY-CHALLENGED NEIGHBORHOODS, UPHS PROVIDES CARE TO MANY PATIENTS WHO DO NOT HAVE HEALTH INSURANCE PROVIDING MORE THAN $100 MILLION IN CHARITY AND UNDERFUNDED CARE EACH YEAR. IN PARTNERSHIP WITH COMMUNITY-BASED ORGANIZATIONS AND OTHER AREA INSTITUTIONS, UPHS SEEKS TO IDENTIFY AND ADDRESS RACIAL, ETHNIC AND GENDER DISPARITIES THROUGH SUPPORT FOR PROGRAMS INCLUDING, BUT NOT LIMITED TO: > PUENTES DE SALUD - A WEEKLY FREE CLINIC THAT SEEKS TO ADDRESS THE HEALTH NEEDS OF THE GROWING LATINO POPULATION BY PROVIDING LOW-COST CARE TO MORE THAN 800 PATIENTS ANNUALLY. > THE UNITY CLINIC - A FREE CLINIC THAT PROVIDES PRIMARY CARE SERVICES TO LOW-INCOME ASIAN IMMIGRANTS IN PHILADELPHIA. > WOMEN AND CHILDREN'S HEALTH SERVICES - AN AMBULATORY CARE FACILITY THAT SPECIALIZES IN THE PROVISION OF OBSTETRICAL, FAMILY PLANNING AND SOCIAL SERVICES THROUGH FREE AND LOW COST PROGRAMS THAT EXTEND WELL BEYOND TRADITIONAL MEDICAL CARE. - HOW THE HEALTH SYSTEM ASSESSES COMMUNITY HEALTH STATUS UPHS PROVIDES VARIOUS COMMUNITY SERVICES WHICH, IN CONJUNCTION WITH PROVIDING PATIENT CARE AND EDUCATIONAL INFORMATION, HELP US ASSESS THE HEALTH STATUS OF OUR COMMUNITY. SOME OF OUR MOST SUCCESSFUL INITIATIVES RESULT FROM APPLYING THE COLLECTIVE RESOURCES OF COMMUNITY RESIDENTS AND ORGANIZATIONS, HEALTH CARE PROFESSIONALS, AND PUBLIC HEALTH AGENCIES WITH THE GOAL OF IDENTIFYING AND ADDRESSING A COMMUNITY PROBLEM. THIS IS ACCOMPLISHED IN MANY WAYS, SUCH AS: FORMAL HEALTH ASSESSMENTS THAT INDIVIDUAL PROGRAMS MAY PERFORM, OPEN DIALOGUE WITH COMMUNITY LEADERS THROUGH PARTICIPATION IN COMMUNITY MEETINGS, OR BY ASSESSING COMMUNITY HEALTH STATUS IN THE WORK WE PERFORM OUT IN THE COMMUNITY. - HOW THE HEALTH SYSTEM COLLABORATES WITH COMMUNITY STAKEHOLDERS, INCLUDING OTHER INSTITUTIONAL PROVIDERS, TO IDENTIFY SPECIFIC COMMUNITY HEALTH NEEDS AND TO DEVELOP AND MEASURE EFFECTIVENESS OF PROGRAMS TO HELP MEET THOSE NEEDS COLLABORATION WITH COMMUNITY STAKEHOLDERS AND OTHER INSTITUTIONAL PROVIDERS IS A PARTICULARLY STRONG AREA FOR UPHS. WORKING IN CONJUNCTION WITH COMMUNITY-BASED NON-PROFIT ORGANIZATIONS, CITY AGENCIES AND OTHER COMMUNITY STAKEHOLDERS, UPHS SEEKS TO IDENTIFY AND ADDRESS COMMUNITY HEALTH NEEDS THROUGH PROGRAMS AND SERVICES, SUCH AS: > SAYRE HEALTH CENTER - RECOGNIZING A NEED FOR PRIMARY CARE SERVICES IN THE NEIGHBORHOOD, PENN JOINED FORCES WITH THE SCHOOL DISTRICT OF PHILADELPHIA TO BRING A STATE-OF-THE-ART HEALTH CARE FACILITY TO SAYRE HIGH SCHOOL IN WEST PHILADELPHIA. IN ADDITION TO PROVIDING PRIMARY CARE SERVICES TO THE COMMUNITY, PENN MEDICINE PHYSICIANS WORK IN PARTNERSHIP WITH SAYRE STUDENTS TO TEACH BASIC MEDICAL SERVICES THAT ONE DAY COULD LEAD TO A CAREER IN THE MEDICAL PROFESSION. > BRIDGING THE GAPS - A PARTNERSHIP OF THE AREA'S FIVE ACADEMIC HEALTH CENTERS, BRIDGING THE GAPS (BTG) LINKS THE TRAINING OF HEALTH PROFESSIONALS WITH THE PROVISION OF CARE TO ECONOMICALLY DISADVANTAGED POPULATIONS. LED BY UPHS PHYSICIANS AND STAFF, BTG GIVES MEDICAL STUDENTS THE OPPORTUNITY TO GAIN FIRST-HAND INSIGHT INTO THE COMPLEX ISSUES AFFECTING UNDERSERVED URBAN COMMUNITIES. THE NEIGHBORHOOD, PENN JOINED FORCES WITH THE SCHOOL DISTRICT OF PHILADELPHIA TO BRING A STATE-OF-THE-ART HEALTH CARE FACILITY TO SAYRE HIGH SCHOOL IN WEST PHILADELPHIA. IN ADDITION TO PROVIDING PRIMARY CARE SERVICES TO THE COMMUNITY, PENN MEDICINE PHYSICIANS WORK IN PARTNERSHIP WITH SAYRE STUDENTS TO TEACH BASIC MEDICAL SERVICES THAT ONE DAY COULD LEAD TO A CAREER IN THE MEDICAL PROFESSION. > BRIDGING THE GAPS - A PARTNERSHIP OF THE AREA'S FIVE ACADEMIC HEALTH CENTERS, BRIDGING THE GAPS (BTG) LINKS THE TRAINING OF HEALTH PROFESSIONALS WITH THE PROVISION OF CARE TO ECONOMICALLY DISADVANTAGED POPULATIONS. LED BY UPHS PHYSICIANS AND STAFF, BTG GIVES MEDICAL STUDENTS THE OPPORTUNITY TO GAIN FIRST-HAND INSIGHT INTO THE COMPLEX ISSUES AFFECTING UNDERSERVED URBAN COMMUNITIES. - HOW THE HEALTH SYSTEM REGULARLY REPORTS TO THE COMMUNITY ON THE ORGANIZATION'S QUALITY PERFORMANCE FOR THE FULL RANGE OF SERVICES IT PROVIDES SINCE 2007, UPHS HAS PUBLISHED AN ANNUAL COMMUNITY BENEFIT REPORT, "SIMPLY BECAUSE," WHICH HIGHLIGHTS SOME OF THE EXTENSIVE WORK UPHS PERFORMS IN THE COMMUNITY. THIS WIDELY DISTRIBUTED REPORT INCLUDES EXAMPLES OF OUR COMMUNITY EFFORTS AS WELL AS STATISTICS RELATED TO THE COMMUNITY BENEFIT WE PROVIDE. ADDITIONALLY, LAST YEAR UPHS IMPLEMENTED OUR "PENN MEDICINE CARES" (COMMUNITY ACTIVITY REPORTING E-INITIATIVE) PROGRAM. WHILE THE "SIMPLY BECAUSE" REPORT PROVIDES US A BRIEF GLIMPSE INTO ALL THE GOOD WORK UPHS PERSONNEL ARE INVOLVED IN, IT REPRESENTS ONLY A FRACTION OF THE TOTAL COMMUNITY SERVICE WORK THAT OCCURS. WE DEVELOPED THIS REPORTING PROGRAM TO ENCOURAGE OUR EMPLOYEES TO REPORT ALL OF THE COMMUNITY SERVICES THEY PROVIDE SO THAT WE CAN BETTER TRACK COMMUNITY OUTREACH, ENCOURAGE MORE VOLUNTEERISM AND BETTER TARGET OUR EFFORTS TO MEET THE GREATEST COMMUNITY NEEDS. HTTPS://WWW.PENNMEDICINE.ORG/WHY-PENN/SERVING-OUR-COMMUNITY/REPORTS - WHETHER AND HOW UPHS IS ADDRESSING THE PER CAPITA COST OF CARE IN THE COMMUNITY. UPHS SUPPORTS EFFORTS TO PROVIDE FREE AND LOW-COST CARE TO THE COMMUNITY THROUGH PARTNERSHIPS WITH BOTH PENN-RELATED AND NON-RELATED PROGRAMS. UPHS PHYSICIANS AND STAFF WORK IN HEALTH CLINICS THROUGHOUT PHILADELPHIA THAT PROVIDE THESE MUCH-NEEDED SERVICES THAT ALSO ADDRESSES THE PER CAPITA COST OF HEALTH CARE IN THE COMMUNITY. IN ADDITION, UPHS HAS A SPECIALTY CARE CONTRACT WITH THE CITY OF PHILADELPHIA THAT ALLOWS PHYSICIANS FROM THE CITY'S DISTRICT HEALTH CENTERS TO REFER PATIENTS INTO THE SYSTEM FOR APPOINTMENTS IN SPECIALTIES SUCH AS CARDIOLOGY, NEUROLOGY AND DERMATOLOGY. THESE SERVICES ARE PROVIDED TO THE CITY AT A SIGNIFICANTLY REDUCED COST - GIVING UNINSURED AND UNDERINSURED PATIENTS ACCESS TO CARE THEY MIGHT NOT OTHERWISE RECEIVE WHILE KEEPING DOWN THE PER CAPITA COST FOR THE CITY AND RESIDENTS OF THE COMMUNITY. AT UPHS, WORKING FOR THE BENEFIT OF THE COMMUNITY IS NOT ONLY A PRIORITY; IT IS ROOTED DEEP IN OUR CULTURE. ALONG WITH OUR ROLE AS A LEADER IN MEDICAL CARE AND RESEARCH, UPHS HAS CULTIVATED A STRONG AFFINITY WITH THE NEIGHBORHOODS WE SERVE- BECOMING INCREASINGLY RESPONSIVE IN IDENTIFYING NEEDS AND PROACTIVE IN FINDING SOLUTIONS. IN ADDITION TO OUR OWN INTERNAL EFFORTS, UPHS ALSO COLLABORATES WITH VARIOUS PUBLIC AND PRIVATE AGENCIES TO HELP DETERMINE COMMUNITY HEALTH NEEDS AND HOW BEST TO ADDRESS THEM. THE SUCCESS OF COMMUNITY OUTREACH REQUIRES A STRONG FOCUS ON SOLUTIONS. AT UPHS, WE CONTINUALLY FIND WAYS TO EXPAND AND STRENGTHEN THE SAFETY NET THAT HELPS ENSURE THE WELL-BEING OF THE COMMUNITIES WE SERVE. IN THAT REGARD, ONE OF OUR MAJOR RESPONSIBILITIES IS TO SHARE KNOWLEDGE. WORKING TOGETHER WITH COMMUNITY PARTNERS ENABLES US TO ACCOMPLISH MORE THAN ANY ONE PERSON COULD INDIVIDUALLY.
Schedule H, Part VI, Line 3UPHS IS COMMITTED TO CARING FOR ALL PATIENTS EQUITABLY, WITH DIGNITY, RESPECT AND COMPASSION WITHOUT REGARD TO AGE, RACE, COLOR, NATIONAL ORIGIN, RELIGIOUS CREED, SEX, PHYSICAL OR MENTAL DISABILITY, MARITAL STATUS OR SEXUAL PREFERENCE. AS PART OF THIS COMMITMENT, UPHS OFFERS FINANCIAL COUNSELING AND ASSISTANCE PROGRAMS TO UNINSURED AND UNDERINSURED PATIENTS TO ASSIST THOSE WHO CANNOT PAY FOR ALL OR PART OF THEIR CARE. PATIENTS WILL BE CONSIDERED FOR FINANCIAL ASSISTANCE ON AN INDIVIDUAL BASIS, TAKING INTO CONSIDERATION TOTAL HOUSEHOLD INCOME AND OTHER RESOURCES. UPHS WILL ALSO CONSIDER OTHER FACTORS IN THE PATIENT/FAMILY FINANCIAL SITUATION, SHOULD THERE BE OTHER CRITICAL EXPENSES, NOT RELATED TO THE PATIENT'S MEDICAL CARE, THAT MAKE PAYMENT OF THE FINANCIAL OBLIGATION IMPOSSIBLE, SUCH AS CARING FOR A DISABLED FAMILY MEMBER. UNINSURED OR UNDERINSURED PERSONS MAY APPLY FOR FINANCIAL ASSISTANCE AT JSA Schedule H (Form 990) 2014 4E1327 1.000 TRUSTEES OF THE UNIVERSITY OF PENNSYLVANIA 23-1352685 ANY TIME DURING TREATMENT OR WHEN REQUEST FOR PAYMENT IS MADE. UPHS INFORMS AND EDUCATES PATIENTS AND PERSONS WHO MAY BE BILLED FOR PATIENT CARE ABOUT THEIR ELIGIBILITY FOR ASSISTANCE UNDER FEDERAL, STATE, OR LOCAL GOVERNMENT PROGRAMS OR UNDER UPHS'S CHARITY CARE POLICY. PATIENTS ARE INFORMED OF THE AVAILABILITY OF CHARITY CARE IN VARIOUS WAYS (E.G. AT POINT OF REGISTRATION, ON POSTERS THROUGHOUT HOSPITAL, IN PRACTICES, FINANCIAL COUNSELOR INTERVIEW AND WEBSITE).
Schedule H, Part VI, Line 4UPHS IS SENSITIVE TO THE DISPARITY IN THE QUALITY OF HEALTH AND HEALTH CARE AMONG THE PEOPLE OF THE PHILADELPHIA AREA. IN NEIGHBORHOODS THROUGHOUT THE CITY, MANY RESIDENTS, OFTEN THE VERY YOUNG OR THE VERY OLD DO NOT HAVE ACCESS TO ADEQUATE CARE. THE QUALITY OF THEIR LIVES IS DIMINISHED BECAUSE THEY ARE UNABLE TO RECEIVE THE SERVICES AND SUPPORT THEY NEED. AWARE OF THE BARRIERS TO HEALTH CARE FACED BY OUR COMMUNITIES, WE USE OUR RESOURCES TO IMPROVE THE HEALTH AND WELLNESS AMONG THE UNDERSERVED. OUR MORAL IMPERATIVE IS TO LOOK, LISTEN, AND ACT IN WAYS THAT WILL MAKE A DIFFERENCE. IN COLLABORATION WITH OUR PHYSICIANS, NURSES, STUDENTS AND COMMUNITY PARTNERS, WE TAKE ACTION TO ENHANCE THE WELL-BEING OF THE NEIGHBORHOODS WE ALL SHARE.
Schedule H, Part VI, Line 5PART VI, LINE 5 (INFORMATION REGARDING PROMOTION OF COMMUNITY HEALTH) THE CORE COMMUNITY BENEFITS PROGRAMS OF UPHS WERE ESTABLISHED AND CONTINUE TO THRIVE WHETHER OPERATED BY OR ENCOURAGING VOLUNTEERS. HERE IS A LIST OF SOME OF THE COMMUNITY BENEFITS UPHS PROVIDES: - UNIVERSITY CITY HOSPITAL COALITION (UCHC) - PROVIDES MEALS TO THE HOMELESS AND HUNGRY. - UNITED COMMUNITY CLINIC (UCC) - A FREE HEALTH CLINIC IN THE BASEMENT OF A CHURCH IN THE EAST PARKSIDE NEIGHBORHOOD. - PROJECT ME (MIND EMPOWERMENT) - A PROGRAM AT JANE ADDAMS PLACE, AN EMERGENCY SHELTER FOR YOUNG HOMELESS MOTHERS, WHERE NURSES FROM VARIOUS DEPARTMENTS OF THE HOSPITAL OF THE UNIVERSITY OF PENNSYLVANIA (HUP) CONDUCT EDUCATIONAL CLASSES ON A VARIETY OF TOPICS INCLUDING CARING FOR BABY, FLU PREVENTION AND MORE. - ADDICTION UNIT AT PENN PRESBYTERIAN MEDICAL CENTER (PMC) - IS AN 18 BED FACILITY THAT PROVIDES REHAB TREATMENT FOR DRUG ADDICTS AND ALCOHOLICS. - DR. BERNETT L. JOHNSON, JR. SAYER HEALTH CENTER - THE LATE DR. SAYER HAD A VISION: TO CREATE A PRIMARY CARE HEALTH CENTER, WHERE PENN MEDICINE WORKS IN COLLABORATION WITH SAYER HIGH SCHOOL TO BRING STATE-OF-THE-ART HEALTH CARE TO THE NEIGHBORHOOD. SAYER IS ONE OF 30 SCHOOLS IN THE CITY A CHURCH IN THE EAST PARKSIDE NEIGHBORHOOD. - PROJECT ME (MIND EMPOWERMENT) - A PROGRAM AT JANE ADDAMS PLACE, AN EMERGENCY SHELTER FOR YOUNG HOMELESS MOTHERS, WHERE NURSES FROM VARIOUS DEPARTMENTS OF THE HOSPITAL OF THE UNIVERSITY OF PENNSYLVANIA (HUP) CONDUCT EDUCATIONAL CLASSES ON A VARIETY OF TOPICS INCLUDING CARING FOR BABY, FLU PREVENTION AND MORE. - ADDICTION UNIT AT PENN PRESBYTERIAN MEDICAL CENTER (PMC) - IS AN 18 BED FACILITY THAT PROVIDES REHAB TREATMENT FOR DRUG ADDICTS AND ALCOHOLICS. - DR. BERNETT L. JOHNSON, JR. SAYER HEALTH CENTER - THE LATE DR. SAYER HAD A VISION: TO CREATE A PRIMARY CARE HEALTH CENTER, WHERE PENN MEDICINE WORKS IN COLLABORATION WITH SAYER HIGH SCHOOL TO BRING STATE-OF-THE-ART HEALTH CARE TO THE NEIGHBORHOOD. SAYER IS ONE OF 30 SCHOOLS IN THE CITY - PREVENTION POINT CLINIC - A NON-PROFIT GROUP THAT PRIMARILY SERVES THOSE WHO ARE UNINSURED OR LIVING IN SHELTERS. THE PRESENCE OF PENN DOCTORS AT THE CLINIC HAS BEEN GETTING AROUND BY WORD-OF-MOUTH. PREVENTION POINT OFFERS A VARIETY OF HEALTH SERVICES RANGING FROM TREATING INFECTIONS TO PROVIDING VACCINES FOR HEPATITIS AND TETANUS. PATIENTS WITH MORE CHRONIC ISSUES CAN RECEIVE REFERRALS TO PRIMARY CARE ELSEWHERE IN THE CITY. - PUENTES DE SALUD - THE GOAL OF THE ORGANIZATION IS TO BRIDGE THE GAP BRINGING LOW COST, HIGH QUALITY HEALTH CARE AND SOCIAL SERVICES TO SOUTH PHILADELPHIA'S GROWING LATINO POPULATION. VOLUNTEERS CONSISTING OF PENN PHYSICIANS, NURSES, MEDICAL STUDENTS AND UNDERGRADUATES FROM THE UNIVERSITY OF PENNSYLVANIA PROVIDE CARE FOR NEARLY 1,400 PATIENTS PRIMARILY SPANISH SPEAKING IMMIGRANTS. ROUGHLY 10% OF THEM ARE DIABETIC. - LATINA COMMUNITY HEALTH SERVICES (LCHS) IS THE WOMEN'S HEALTH EXTENSION OF PUENTES DE SALUD. THE PROGRAM WAS CREATED TO PROVIDE QUALITY HEALTH CARE TO HISPANIC WOMEN INCLUDING ULTRASOUND SCREENING AND DIABETES EDUCATION. - A GROUP OF CLERGY MEMBERS FROM CHRISTIAN STRONGHOLD BAPTIST CHURCH FREQUENTLY ADVISE PARISHIONERS SUFFERING FROM DEPRESSION, ANXIETY AND OTHER MENTAL HEALTH ISSUES. IN ORDER TO PROVIDE BETTER COUNSEL, THE CLERGY MEMBERS CONTACTED ASSISTANT PROFESSORS FROM PENN. ALONG WITH OTHER PENN PHYSICIANS, THEY OVERSEE A SERIES OF SEMINARS AT THE CHURCH IN CONJUNCTION WITH THE MAINLINE CHAPTER OF THE NATIONAL ALLIANCE ON MENTAL ILLNESS (NAMI) TO EDUCATE THE PASTORS ON MENTAL HEALTH ISSUES. - HALL-MERCER HOMELESS PROGRAM - A PROGRAM THAT PROVIDES CARE AND RESOURCES FOR PEOPLE WHO LIVE ON THE STREETS OR HAVE A HISTORY OF HOMELESSNESS. AS THE BEHAVIORAL WING OF PENNSYLVANIA HOSPITAL, HALL-MERCER OFFERS A FULL RANGE OF SERVICES TO THE CITY'S MENTALLY ILL OR DISPLACED POPULATION.- PENN SIGHT SAVERS PROGRAM - A GROUP OF STUDENTS FROM THE PERELMAN SCHOOL OF MEDICINE CONDUCT HUNDREDS OF FREE GLAUCOMA SCREENINGS AND EDUCATE COMMUNITIES ON THE TOPIC OF OCULAR HEALTH.
Schedule H, Part VI, Line 6PART VI, LINE 6 (AFFILIATED HEALTHCARE SYSTEM INFORMATION) THE MISSION OF THE UNIVERSITY OF PENNSYLVANIA HEALTH SYSTEM IS EXCELLENCE IN EDUCATION, RESEARCH, AND CLINICAL CARE. WE STRIVE TO ACHIEVE THESE GOALS BY HAVING THE BEST PEOPLE IN MEDICAL EDUCATION, HEALTH-RELATED RESEARCH, AND PATIENT CARE; MAKING USE OF KNOWLEDGE GAINED FROM NEARLY TWO AND A HALF CENTURIES OF LEARNING AND DISCOVERY AS PART OF A WORLD-CLASS UNIVERSITY; DELIVERING HIGH-QUALITY MEDICINE TO PATIENTS ACROSS A FULLY INTEGRATED ACADEMIC HEALTH SYSTEM; AND FULFILLING A COMMITMENT TO IMPROVE THE HEALTH OF PEOPLE IN THE COMMUNITIES SERVED BY THE HEALTH SYSTEM AND AROUND THE WORLD. AS PART OF AN AFFILIATED HEALTHCARE SYSTEM, THE UNIVERSITY OF PENNSYLVANIA HEALTH SYSTEM CONSISTS OF CERTAIN OPERATING DIVISIONS OF THE TRUSTEES OF THE UNIVERSITY OF PENNSYLVANIA (THE "UNIVERSITY") AND AFFILIATED ENTITIES, INCLUDING: - THE CHESTER COUNTY HOSPITAL ("CCH"), INCLUDES A 245 BED COMPLEX IN WEST CHESTER, PENNSYLVANIA AND SATELLITE LOCATIONS IN EXTON, WEST GOSHEN, NEW GARDEN, JENNERSVILLE AND KENNETT SQUARE, PENNSYLVANIA. CCH BECAME PART OF THE UNIVERSITY OF PENNSYLVANIA HEALTH SYSTEM EFFECTIVE SEPTEMBER 1, 2013; - THE HOSPITAL OF THE UNIVERSITY OF PENNSYLVANIA ("HUP"), A 727 LICENSED BED QUATERNARY CARE HOSPITAL AND ACADEMIC MEDICAL CENTER LOCATED ON THE CAMPUS OF THE UNIVERSITY IN THE WEST PHILADELPHIA AREA OF PHILADELPHIA, PENNSYLVANIA; - PENN PRESBYTERIAN MEDICAL CENTER OF THE UNIVERSITY OF PENNSYLVANIA HEALTH SYSTEM ("PRESBYTERIAN"), A 317 LICENSED BED ACUTE CARE HOSPITAL LOCATED ADJACENT TO THE CAMPUS OF THE UNIVERSITY IN THE WEST PHILADELPHIA AREA OF PHILADELPHIA, PENNSYLVANIA; - PENNSYLVANIA HOSPITAL OF THE UNIVERSITY OF PENNSYLVANIA HEALTH SYSTEM ("PENNSYLVANIA HOSPITAL"), A 550 LICENSED BED ACUTE CARE HOSPITAL LOCATED IN THE CENTER CITY AREA OF PHILADELPHIA, PENNSYLVANIA; - THE CLINICAL PRACTICES OF THE UNIVERSITY OF PENNSYLVANIA ("CPUP"), THE APPROVED FACULTY PRACTICE PLAN FOR THE CLINICAL PRACTICES OF 1,355 MEMBERS OF THE MEDICAL FACULTY OF THE UNIVERSITY'S PERELMAN SCHOOL OF MEDICINE; - CLINICAL CARE ASSOCIATES OF THE UNIVERSITY OF PENNSYLVANIA HEALTH SYSTEM ("CCA"), A PRIMARY CARE PHYSICIAN NETWORK CURRENTLY EMPLOYING APPROXIMATELY 170 PHYSICIANS AT 51 OFFICE LOCATIONS IN SOUTHEASTERN PENNSYLVANIA AND THROUGH ITS NEW JERSEY AFFILIATE IN SOUTHERN NEW JERSEY; AND - WISSAHICKON HOSPICE, A HOSPICE CARE FACILITY SERVING THE TERMINALLY ILL, LOCATED IN BALA CYNWYD, PENNSYLVANIA. HUP AND CPUP ARE OPERATING DIVISIONS OF THE UNIVERSITY. PRESBYTERIAN, PENNSYLVANIA HOSPITAL, WISSAHICKON HOSPICE AND CCA ARE SEPARATE NONPROFIT CORPORATIONS AFFILIATED WITH AND CONTROLLED BY THE UNIVERSITY.
Schedule H, Part VI, Line 7N/A

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (3 entries)

Grant TypeGrantTypeTxtRecipientRecipientCntCash GrantCashGrantAmtNon Cash AssistanceNonCashAssistanceAmtValuation Method UsedValuationMethodUsedDescNon Cash AssistanceNonCashAssistanceDesc
FINANCIAL AID TO UNDERGRADUATE STUDENTS6843$262,103,000$0n/an/a
FINANCIAL AID TO GRADUATE STUDENTS7552$125,841,000$0N/AN/A
STUDENT PRIZES AND AWARDS1370$3,035,000$0N/AN/A

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSchedule I, Part I, Line 2FormAndLineReferenceDesc
ExplanationPROCEDURES FOR MONITORING GRANTS THE UNIVERSITY MAINTAINS A POLICY OF OFFERING QUALIFIED UNDERGRADUATE APPLICANTS ADMISSION TO THE UNIVERSITY WITHOUT REGARD TO FINANCIAL CIRCUMSTANCE. THIS POLICY PROVIDES FINANCIAL AID TO ELIGIBLE STUDENTS IN THE FORM OF DIRECT GRANTS AND EMPLOYMENT DURING THE ACADEMIC YEAR. THE UNIVERSITY MAINTAINS AN ALL-GRANT POLICY WHEREBY ANY QUALIFIED UNDERGRADUATE STUDENT WITH DEMONSTRATED FINANCIAL NEED RECEIVES A LOAN-FREE AID PACKAGE. STUDENTS MAY STILL BORROW AT THEIR DISCRETION TO AN UNDERGRADUATE STUDENT MAY ALSO BE ELIGIBLE FOR FACULTY/STAFF TUITION REMISSION AS A RESULT OF A PARENT BEING ELIGIBLE TO RECEIVE THIS BENEFIT AS A CONDITION OF THEIR EMPLOYMENT. GRADUATE/PROFESSIONAL FINANCIAL AID CAN BE AWARDED BASED ON FINANCIAL NEED, SERVICE (TEACHING FELLOWSHIPS, RESEARCH ASSISTANTSHIPS AND FELLOWSHIPS) OR OTHER CRITERIA SUCH AS MERIT/ACADEMICS. PHD STUDENTS GENERALLY RECEIVE MULTI-YEAR AWARDS COVERING THEIR FULL EDUCATIONAL COSTS. A GRADUATE/PROFESSIONAL STUDENT MAY ALSO BE ELIGIBLE FOR FACULTY/STAFF BENEFIT AS DESCRIBED ABOVE.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
First Class Or Charter TravelYes (X)FirstClassOrCharterTravelInd
Travel For CompanionsYes (X)TravelForCompanionsInd
Idemnification Gross Up PmtsYes (X)IdemnificationGrossUpPmtsInd
Housing Allowance Or ResidenceYes (X)HousingAllowanceOrResidenceInd
Club Dues Or FeesYes (X)ClubDuesOrFeesInd
Personal ServicesYes (X)PersonalServicesInd
Written Policy Ref T And E ExpnssYes (1)WrittenPolicyRefTAndEExpnssInd
Substantiation RequiredYes (1)SubstantiationRequiredInd
Compensation CommitteeYes (X)CompensationCommitteeInd
Independent ConsultantYes (X)IndependentConsultantInd
Written Employment ContractYes (X)WrittenEmploymentContractInd
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr PlanYes (1)SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed PaymentsYes (1)AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (39 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
CRAIG CARNAROLI
EXECUTIVE VICE PRESIDENT$819,422$0$260,000$0$670$0$292,655$0$22,362$0$1,395,109$0$0$0
JEFFREY COOPER
VP GOVT AND COMMUNITY RELATIONS$316,657$16,941$0$0$48,000$0$18,921$0$26,775$0$410,353$16,941$0$0
BONNIE GIBSON
VP BUDGET AND MGMT ANALYSIS$322,510$0$50,000$0$7,730$0$27,044$0$28,443$0$435,727$0$0
STEPHEN GOLDING
VP FINANCE AND TREASURER$388,626$36,895$57,500$0$38,975$0$36,663$0$22,034$0$543,798$36,895
JOHN HEUER
VP HUMAN RESOURCES$351,750$0$51,000$0$790$0$32,378$0$14,428$0$450,346$0$0$0
JOHN HORN
COMPTROLLER$259,651$0$33,000$0$1,153$0$21,448$0$7,376$0$322,628$0$0$0
LARRY JAMESON
EXEC. VP UPHS DEAN OF PSOM$1,516,715$0$727,125$0$51,874$0$328,000$0$42,007$0$2,665,721$0$0$0
LESLIE KRUHLY
VP AND SECRETARY$276,420$0$46,000$0$6,254$0$25,425$0$15,942$0$370,041$0$0$0
STEPHEN J MACCARTHY
VP COMMUNICATIONS$331,550$0$57,000$0$49,420$0$29,645$0$32,765$0$500,380$0$0$0
JOANN MITCHELL
VP INSTITUTIONAL AFFAIRS$325,346$0$54,000$0$1,290$0$29,835$0$14,240$0$424,711$0$0$0
THOMAS MURPHY
VP INFO SYSTEMS AND COMPUTING$401,683$0$64,000$0$9,225$0$30,810$0$24,993$0$530,711$0$0
ANNE PAPAGEORGE
VP FACILITIES AND REAL ESTATE$379,615$0$67,700$0$690$0$34,695$0$13,507$0$496,207$0$0$0
VINCENT PRICE
PROVOST$652,535$0$195,000$0$1,290$0$172,670$0$27,284$0$1,048,779$0$0$0
GREGORY ROST
VP AND CHIEF OF STAFF$419,964$0$70,000$0$1,290$0$37,200$0$25,119$0$553,573$0$0$0
ARTHUR RUBENSTEIN
FORMER EXEC VP DEAN PSOM$449,911$0$0$0$6,180$0$23,400$0$23,093$0$502,584$0$0$0
MAUREEN RUSH
VP PUBLIC SAFETY$275,080$0$49,500$0$1,543$0$25,230$0$33,269$0$384,622$0$0$0
WENDY WHITE
SR VP AND GENERAL COUNSEL$611,057$0$101,000$0$1,980$0$55,530$0$19,524$0$789,091$0$0$0
MARIE WITT
VP BUSINESS SERVICES$295,885$0$39,300$0$780$0$27,435$0$24,099$0$387,499$0$0$0
JOHN ZELLER
VP DEVELOPMENT ALUMNI RELTNS$558,589$0$96,000$0$1,980$0$51,165$0$28,442$0$736,176$0$0$0
PETER AMMON
CHIEF INVESTMENT OFFICER$672,727$0$527,801$0$270$0$53,600$0$14,189$0$1,268,587$0$0$0
ANDREW BINNS
ASSOCIATE PROVOST$323,807$0$0$0$1,980$0$23,400$0$20,452$0$369,639$0$0$0
DAWN BONNELL
VICE PROVOST FOR RESEARCH$385,372$0$0$0$1,039$0$23,400$0$9,915$0$419,726$0$0$0
PATRICK BRENNAN MD
SR VP CHIEF MEDICAL OFFICER$443,886$0$238,219$0$55,661$0$23,400$0$22,329$0$783,495$0$0$0
REBECCA COOKE
V. DEAN ADMIN PSOM$357,692$0$149,826$0$790$0$23,400$0$24,504$0$556,212$0$0$0
GLEN N GAULTON
VICE DEAN PSOM$529,783$0$231,007$0$13,431$0$23,400$0$16,566$0$814,187$0$0$0
ELIZABETH B JOHNSTON
EXECUTIVE DIRECTOR CPUP$540,993$131,231$271,460$0$159,443$0$112,000$0$8,501$0$1,092,397$131,231$0$0
KEITH KASPER
CFO UPHS$649,801$108,716$312,813$0$165,536$0$116,000$0$24,977$0$1,269,127$108,716$0$0
KEVIN MAHONEY
SVP UPHS CHIEF ADMIN OFFICER$699,205$139,704$351,575$0$166,389$0$118,000$0$24,410$0$1,359,579$139,704$0$0
GAIL MORRISON
VICE DEAN EDUCATION PSOM$460,810$0$197,454$0$17,547$0$23,400$0$20,394$0$719,605$0$0$0
RALPH MULLER
CEO UPHS$1,482,718$293,084$710,362$0$332,202$0$293,084$0$12,376$0$2,830,742$293,084$0$0
PHILLIP OKALA
SR VP UPHS BUS DEVELOPMENT$682,490$54,461$180,469$0$74,039$0$75,001$0$22,501$0$1,034,500$54,461$0$0
PETER D QUINN MD DMD
SR VP UPHS VICE DEAN PSOM$837,888$607,394$402,343$0$777,310$0$23,400$0$16,229$0$2,057,170$607,394$0$0
GARRY L SCHEIB
COO UPHS$896,796$218,713$428,313$0$251,288$0$178,000$0$17,544$0$1,771,941$218,713$0$0
THOMAS L SPRAY MD
CHOP SURGERY$1,445,697$0$0$0$6,895,638$0$23,400$0$11,695$0$8,376,430$0$0$0
N SCOTT ADZICK MD
CHOP SURGERY$770,749$0$0$0$1,359,297$0$23,400$0$17,300$0$2,170,746$0$0$0
MICHAEL SEAN GRADY MD
SURGEON OTORHINOLARYNGOLOGY$1,310,202$0$540,150$0$3,953$0$33,236$0$19,741$0$1,907,282$0$0$0
WILLIAM C WELCH MD
NEUROSURGERY$1,347,691$0$0$0$362,689$0$23,400$0$21,355$0$1,755,135$0$0$0
PAUL MARCOTTE MD
NEUROSURGERY$1,297,915$0$0$0$369,102$0$33,236$0$6,818$0$1,707,071$0$0$0
DR AMY GUTMANN
PRESIDENT EX OFFICIO TRUSTEE$1,216,096$0$1,450,000$0$257,211$0$371,170$0$39,401$0$3,333,878$0$0$0

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Schedule J, Part I, Line 1aFIRST CLASS OR CHARTER TRAVEL THE MODE OF AIR TRAVEL UTILIZED BY UNIVERSITY EMPLOYEES IS EXPECTED TO BE THE LEAST COSTLY OPTION, CONSISTENT WITH THE ITINERARY AND PARTICULAR UNIVERSITY BUSINESS PURPOSE INVOLVED. ON FEDERALLY FUNDED PROJECTS, COMPLIANCE WITH THE FLY AMERICA ACT TAKES PRECEDENCE OVER CHOOSING A LESS EXPENSIVE FOREIGN CARRIER. IN CERTAIN LIMITED CIRCUMSTANCES, CERTAIN INDIVIDUALS MAY TRAVEL FIRST CLASS. ANY FIRST CLASS EXCEPTIONS TO THE UNIVERSITY'S POLICY ARE SUBJECT TO APPROPRIATE REVIEW AND APPROVAL. TRAVEL FOR COMPANIONS TRAVEL EXPENSES OF A SPOUSE (OR DEPENDENT) MAY BE PROVIDED BY THE UNIVERSITY AS A REGULAR BUSINESS EXPENSE ONLY IF THE TRAVEL SERVES A "BONA FIDE BUSINESS PURPOSE" OF THE UNIVERSITY. FURTHER, TRAVEL EXPENSES FOR SPOUSES AND DEPENDENTS ARE ALLOWABLE DURING THE INTERVIEW PROCESS PRIOR TO AN EMPLOYMENT OFFER, SINCE EMPLOYMENT IS CONSIDERED A FAMILY TAX INDEMNIFICATION AND GROSS-UP PAYMENTS THE UNIVERSITY MAY PROVIDE TAX GROSS-UP PAYMENTS UNDER CERTAIN CIRCUMSTANCES WITH APPROPRIATE APPROVAL. THE UNIVERSITY DOES NOT GENERALLY PROVIDE TAX INDEMNIFICATIONS. HOUSING ALLOWANCE OR RESIDENCE FOR PERSONAL USE/HEALTH OR SOCIAL CLUB DUES/PERSONAL SERVICES AS A CONDITION OF EMPLOYMENT, THE PRESIDENT IS REQUIRED TO LIVE IN A HOME ON THE UNIVERSITY'S CAMPUS WHICH IS FURNISHED AND MAINTAINED AT THE UNIVERSITY'S EXPENSE. THE UNIVERSITY ALSO PROVIDES A HEALTH/SOCIAL CLUB MEMBERSHIP, TO BE USED BY THE PRESIDENT IN CONNECTION WITH HER DUTIES. THE PRESIDENT IS RESPONSIBLE FOR ANY PERSONAL USE OF THE CLUB MEMBERSHIP, HOUSEHOLD STAFF OR OTHER PERSONAL EXPENSES INCURRED.
Schedule J, Part I, Line 4SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN PARTICIPATION THE TRUSTEES OF THE UNIVERSITY OF PENNSYLVANIA (THE "UNIVERSITY") MAINTAINS A SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN ("SERP") DESIGNED FOR SENIOR ADMINISTRATORS AND DEANS OF THE UNIVERSITY AS DESIGNATED BY THE BOARD OF TRUSTEES WHO HAVE MADE THE 5% EMPLOYEE CONTRIBUTION TO THE UNIVERSITY'S 403(B) PLAN, HAVE UNIVERSITY COMPENSATION OVER CERTAIN IRS PROSCRIBED THRESHOLDS, AND ARE ACTIVELY EMPLOYED BY THE UNIVERSITY WHEN THE CONTRIBUTION IS MADE. VESTING IN THE SERP OCCURS AFTER EACH THREE YEARS OF PARTICIPATION AND UPON THE OCCURRENCE OF CERTAIN EVENTS (ATTAINMENT OF AGE 65, DEATH, DISABILITY, OR INVOLUNTARY TERMINATION WITHOUT "CAUSE"). CONTRIBUTIONS FOR THOSE WHO HAVE REACHED AGE 65 WILL BE FULLY VESTED WHEN MADE. UPON REACHING A VESTING DATE, PARTICIPANTS WILL AUTOMATICALLY RECEIVE A "PARTIAL" DISTRIBUTION WHICH WILL BE WITHHELD TO SATISFY THE TAX CONSEQUENCES OF VESTING. THE BALANCE OF VESTED SERP ACCOUNT WILL REMAIN IN THE PLAN AND WILL BE DISTRIBUTED (PLUS OR MINUS INVESTMENT EARNINGS/LOSSES) UPON TERMINATION OF EMPLOYMENT. PARTICIPANTS WHO VOLUNTARILY TERMINATE BEFORE VESTING WILL FORFEIT THE BALANCE IN THEIR ACCOUNTS. THE FOLLOWING INDIVIDUALS LISTED ON FORM 990, PART VII, SECTION A, LINE 1A PARTICIPATED IN THE UNIVERSITY SERP PLAN DURING THE YEAR AND/OR RECEIVED EMPLOYER PAID AMOUNTS DURING THE YEAR: AMMON, PETER- NO DISTRIBUTION CARNAROLI, CRAIG- NO DISTRIBUTION COOPER, JEFFREY- $16,941 GIBSON, BONNIE- NO DISTRIBUTION GOLDING, STEPHEN- $36,895 HEUER, JOHN- NO DISTRIBUTION HORN, JOHN- NO DISTRIBUTION KRUHLY, LESLIE- $3,569 MACCARTHY, STEPHEN J.- $17,144 MITCHELL, JOANN- NO DISTRIBUTION MURPHY, THOMAS - NO DISTRIBUTION PAPAGEORGE, ANNE- NO DISTRIBUTION PRICE, VINCENT- NO DISTRIBUTION ROST, GREGORY- NO DISTRIBUTION RUSH, MAUREEN- NO DISTRIBUTION WHITE, WENDY- NO DISTRIBUTION WITT, MARIE- NO DISTRIBUTION ZELLER, JOHN- NO DISTRIBUTION THE UNIVERSITY OF PENNSYLVANIA HEALTH SYSTEM (THE "HEALTH SYSTEM") MAINTAINS A SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN ("SERP") DESIGNED FOR SENIOR ADMINISTRATORS OF THE HEALTH SYSTEM, AS DESIGNATED BY THE BOARD OF TRUSTEES, WHO ARE ACTIVELY EMPLOYED BY THE HEALTH SYSTEM WHEN THE CONTRIBUTIONS ARE MADE. PRICE, VINCENT- NO DISTRIBUTION ROST, GREGORY- NO DISTRIBUTION RUSH, MAUREEN- NO DISTRIBUTION WHITE, WENDY- NO DISTRIBUTION WITT, MARIE- NO DISTRIBUTION ZELLER, JOHN- NO DISTRIBUTION THE UNIVERSITY OF PENNSYLVANIA HEALTH SYSTEM (THE "HEALTH SYSTEM") MAINTAINS A SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN ("SERP") DESIGNED FOR SENIOR ADMINISTRATORS OF THE HEALTH SYSTEM, AS DESIGNATED BY THE BOARD OF TRUSTEES, WHO ARE ACTIVELY EMPLOYED BY THE HEALTH SYSTEM WHEN THE CONTRIBUTIONS ARE MADE. DISTRIBUTION WHICH IS TAXABLE AS EARNED INCOME. PARTICIPANTS WHO VOLUNTARILY TERMINATE BEFORE VESTING WILL FORFEIT THE BALANCE IN THEIR ACCOUNTS. THE FOLLOWING INDIVIDUALS LISTED ON FORM 990, PART VII, SECTION A, LINE 1A PARTICIPATED IN THE HEALTH SYSTEM SERP PLAN DURING THE YEAR AND/OR RECEIVED EMPLOYER PAID AMOUNTS DURING THE YEAR: JOHNSTON, ELIZABETH- $131,231 KASPER, KEITH- $108,716 MAHONEY, KEVIN- $139,704 MULLER, RALPH- $293,084 OKALA, PHILIP- $54,461 QUINN, PETER D.- $773,394 SCHEIB, GARRY- $218,713
Schedule J, Part I, Line 7THE FOLLOWING INDIVIDUALS LISTED ON FORM 990, PART VII, SECTION A, LINE 1A PARTICIPATED IN THE UNIVERSITY SERP PLAN DURING THE YEAR AND/OR RECEIVED EMPLOYER PAID AMOUNTS DURING THE YEAR: AMMON, PETER- NO DISTRIBUTION CARNAROLI, CRAIG- NO DISTRIBUTION COOPER, JEFFREY- $16,941 GIBSON, BONNIE- NO DISTRIBUTION GOLDING, STEPHEN- $36,895 HEUER, JOHN- NO DISTRIBUTION HORN, JOHN- NO DISTRIBUTION KRUHLY, LESLIE- $3,569 MACCARTHY, STEPHEN J.- $17,144 MITCHELL, JOANN- NO DISTRIBUTION MURPHY, THOMAS - NO DISTRIBUTION PAPAGEORGE, ANNE- NO DISTRIBUTION PRICE, VINCENT- NO DISTRIBUTION ROST, GREGORY- NO DISTRIBUTION RUSH, MAUREEN- NO DISTRIBUTION WHITE, WENDY- NO DISTRIBUTION WITT, MARIE- NO DISTRIBUTION ZELLER, JOHN- NO DISTRIBUTION THE UNIVERSITY OF PENNSYLVANIA HEALTH SYSTEM (THE "HEALTH SYSTEM") MAINTAINS A SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN ("SERP") DESIGNED FOR SENIOR ADMINISTRATORS OF THE HEALTH SYSTEM, AS DESIGNATED BY THE BOARD OF TRUSTEES, WHO ARE ACTIVELY EMPLOYED BY THE HEALTH SYSTEM WHEN THE CONTRIBUTIONS ARE MADE. VESTING IN THE SERP OCCURS AFTER EACH THREE YEARS OF PARTICIPATION AND UPON THE OCCURRENCE OF CERTAIN EVENTS (ATTAINMENT OF AGE 65, DEATH, DISABILITY, OR INVOLUNTARY TERMINATION WITHOUT "CAUSE"). CONTRIBUTIONS FOR THOSE WHO HAVE REACHED AGE 65 WILL BE FULLY VESTED WHEN MADE. UPON REACHING A VESTING DATE, PARTICIPANTS WILL AUTOMATICALLY RECEIVE A FULL VESTING IN THE SERP OCCURS AFTER EACH THREE YEARS OF PARTICIPATION AND UPON THE OCCURRENCE OF CERTAIN EVENTS (ATTAINMENT OF AGE 65, DEATH, DISABILITY, OR INVOLUNTARY TERMINATION WITHOUT "CAUSE"). CONTRIBUTIONS FOR THOSE WHO HAVE REACHED AGE 65 WILL BE FULLY VESTED WHEN MADE. UPON REACHING A VESTING DATE, PARTICIPANTS WILL AUTOMATICALLY RECEIVE A FULL DISTRIBUTION WHICH IS TAXABLE AS EARNED INCOME. PARTICIPANTS WHO VOLUNTARILY TERMINATE BEFORE VESTING WILL FORFEIT THE BALANCE IN THEIR ACCOUNTS.

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (4 entries)

Bond ReferenceBondReferenceCdBond Issuer EINBondIssuerEINCUSIPCUSIPNumBond IssuedBondIssuedDtIssue PriceIssuePriceAmtPurposePurposeDescDefeasedDefeasedIndOn Behalf Of IssuerOnBehalfOfIssuerIndPool FinancingPoolFinancingInd
PA HIGHER ED FACILITIES AUTHORITY- SERIES A&B 2005
A22224385270917NR972005-01-12$112,618,284REFUND 1995 BONDS; SPRINKLER SYSTM000
PA HIGHER ED FACILITIES AUTHORITY- SERIES C 2005
B22224385270917N7V02005-08-18$146,112,644REDEEM 1998 BONDS; CAP PROJECTSYes (1)00
PA HIGHER ED FACILITIES ATHRTY- UPHS SERIES A 2014
C2222438522014-06-12$100,000,000VARIOUS CAPITAL PROJECTS000
PA HIGHER ED FACILITIES ATHRTY-UPHS SERIES OF 2015
D22224385270917SSJ32015-05-19$398,010,258ADV. REFUND; VARIOUS CAPITAL PROJE000

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (4 entries)

Bond ReferenceBondReferenceCdRetiredRetiredAmtBond DefeasedBondDefeasedAmtTotal ProceedsTotalProceedsAmtIn Reserve FundInReserveFundAmtCapitalized InterestCapitalizedInterestAmtRefunding EscrowRefundingEscrowAmtIssuance Costs From ProceedsIssuanceCostsFromProceedsAmtCredit EnhancementCreditEnhancementAmtWorking Capital ExpendituresWorkingCapitalExpendituresAmtCapital ExpendituresCapitalExpendituresAmtOther Spent ProceedsOtherSpentProceedsAmtUnspentUnspentAmtSubstantial CompletionSubstantialCompletionYrCurrent RefundingCurrentRefundingIndAdvance RefundingAdvanceRefundingIndFinal Allocation MadeFinalAllocationMadeIndAdequate Books And Rec MaintAdequateBooksAndRecMaintInd
A$100,140,284$0$112,618,284$0$0$0$273,585$0$0$5,039,284$107,305,415$02005Yes (1)Yes (1)Yes (1)Yes (1)
B$140,805,644$111,607,729$146,112,644$0$0$0$945,629$0$0$70,126,989$75,040,026$020060Yes (1)Yes (1)Yes (1)
C$0$0$100,000,000$0$0$0$400,175$0$0$99,599,825$0$0201400Yes (1)Yes (1)
D$344,258$0$398,010,258$0$0$134,411,993$2,275,487$0$0$150,000,000$11,322,778$02015Yes (1)Yes (1)Yes (1)Yes (1)

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (4 entries)

Bond ReferenceBondReferenceCdOwning Bond Financed PropertyOwningBondFinancedPropertyIndAny Lease ArrangementsAnyLeaseArrangementsIndMgmt Contract Bond Fincd PropMgmtContractBondFincdPropIndAny Research AgreementsAnyResearchAgreementsIndTotal Private Business UseTotalPrivateBusinessUsePctBond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestIndChange In Use Bond Financed PropChangeInUseBondFinancedPropIndProcs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdIndEngage Bond Counsel ResearchEngageBondCounselResearchIndPrivate Bus Use By OthersPrivateBusUseByOthersPctPrivate Bus Concerning UBIPrivateBusConcerningUBIPct
A0000000Yes (1)
B0Yes (1)0Yes (1)0.0130300Yes (1)Yes (1)0.003140.00989
C0000000000
D00000000

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (4 entries)

Bond ReferenceBondReferenceCdForm8038 T FiledForm8038TFiledIndRebate Not Due YetRebateNotDueYetIndException To RebateExceptionToRebateIndNo Rebate DueNoRebateDueIndVariable Rate IssueVariableRateIssueIndHedge Identified In Bks And RecHedgeIdentifiedInBksAndRecIndGross Proceeds Invested In GICGrossProceedsInvestedInGICIndGross Proceeds InvestedGrossProceedsInvestedIndWritten Proc To Monitor ReqsWrittenProcToMonitorReqsInd
A00Yes (1)000000
B00Yes (1)00000Yes (1)
C000Yes (1)00000
D00Yes (1)000000

Procedures Corrective Action ProceduresCorrectiveActionGrp (4 entries)

Bond ReferenceBondReferenceCdProcedures Corrective ActionProceduresCorrectiveActionInd
AYes (1)
BYes (1)
CYes (1)
DYes (1)

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Schedule K, Part I-01/12/2005 112,618,284 PA HIGHER ED FACILITIES AUTHORITY SERIES A&B 2005TAX-EXEMPT BONDS- DESCRIPTION OF BOND ISSUES: ALLOCATION OF PROCEEDS FORM 990, SCHEDULE K, PART I A PORTION OF THE PA HIGHER ED FACILITIES AUTHORITY-UPHS SERIES A OF 2015 BOND ISSUE HAS BEEN ALLOCATED TO PRESBYTERIAN MEDICAL CENTER (EIN 23-2810852), A RELATED IRC SECTION 501(C)(3) ORGANIZATION. SINCE THE UNIVERSITY REMAINS AS THE PRIMARY OBLIGOR OF THE BOND, ALL INFORMATION REGARDING THE SERIES A OF 2015 BOND ISSUE HAS BEEN REPORTED ON THE FORM 990, SCHEDULE K OF THE UNIVERSITY. THE TOTAL ALLOCATED OUTSTANDING BALANCE WAS $86,419,621 FOR PRESBYTERIAN MEDICAL CENTER AS OF JUNE 30, 2015. A PORTION OF THE PA HIGHER ED FACILITIES AUTHORITY-UPHS SERIES A OF 2014 BOND ISSUE HAS BEEN ALLOCATED TO PENNSYLVANIA HOSPITAL OF UPHS (EIN 31-1538725), PRESBYTERIAN MEDICAL CENTER (EIN 23-2810852), AND TO CHESTER COUNTY HOSPITAL (EIN 23-0469150), RELATED IRC SECTION 501(C)(3) ORGANIZATIONS. SINCE THE UNIVERSITY REMAINS AS THE PRIMARY OBLIGOR OF THE BOND, ALL INFORMATION REGARDING THE SERIES A OF 2014 BOND ISSUE HAS BEEN REPORTED ON THE FORM 990, SCHEDULE K OF THE UNIVERSITY. THE TOTAL ALLOCATED OUTSTANDING BALANCE WAS $4,000,000 FOR PENNSYLVANIA HOSPITAL, $15,000,000 FOR PRESBYTERIAN MEDICAL CENTER, AND $51,247,239 FOR CHESTER COUNTY HOSPITAL AS OF JUNE 30, 2015. A PORTION OF THE PA HIGHER ED FACILITIES AUTHORITY- UPHS SERIES A 2012 BOND ISSUE HAS BEEN ALLOCATED TO PENNSYLVANIA HOSPITAL OF UPHS (EIN 31-1538725) AND TO PRESBYTERIAN MEDICAL CENTER (EIN 23-2810852), RELATED IRC SECTION 501(C)(3) ORGANIZATIONS. SINCE THE TRUSTEES OF THE UNIVERSITY OF PENNSYLVANIA ("UNIVERSITY") REMAINS AS THE PRIMARY OBLIGOR OF THE BOND, ALL INFORMATION REGARDING THE UPHS SERIES A 2012 BOND ISSUE HAS BEEN REPORTED ON THE FORM 990, SCHEDULE K OF THE UNIVERSITY. THE TOTAL ALLOCATED OUTSTANDING BALANCE WAS $29,568,276 FOR PENNSYLVANIA A PORTION OF THE PA HIGHER ED FACILITIES AUTHORITY- UPHS SERIES A 2011 BOND ISSUE HAS BEEN ALLOCATED TO PENNSYLVANIA HOSPITAL OF UPHS (EIN 31-1538725) AND TO PRESBYTERIAN MEDICAL CENTER (EIN 23-2810852), RELATED IRC SECTION 501(C)(3) ORGANIZATIONS. SINCE THE UNIVERSITY REMAINS AS THE PRIMARY OBLIGOR OF THE BOND, ALL INFORMATION REGARDING THE UPHS SERIES A 2011 BOND ISSUE HAS BEEN REPORTED ON THE FORM 990, SCHEDULE K OF THE UNIVERSITY. THE TOTAL ALLOCATED OUTSTANDING BALANCE WAS $14,908,320 FOR PENNSYLVANIA HOSPITAL AND $14,908,320 FOR PRESBYTERIAN MEDICAL CENTER AS OF JUNE 30, 2015. A PORTION OF THE PA HIGHER ED FACILITIES AUTHORITY-UPHS SERIES A OF 2008 BOND ISSUE HAS BEEN ALLOCATED TO PENNSYLVANIA HOSPITAL OF UPHS (EIN 31-1538725), A RELATED IRC SECTION 501(C)(3) ORGANIZATION. SINCE THE UNIVERSITY REMAINS AS THE PRIMARY OBLIGOR OF THE BOND, ALL INFORMATION REGARDING THE SERIES A OF 2008 BOND ISSUE HAS BEEN REPORTED ON THE FORM 990, SCHEDULE K OF THE UNIVERSITY. THE TOTAL ALLOCATED OUTSTANDING BALANCE FOR PENNSYLVANIA HOSPITAL WAS $16,747,576 AS OF JUNE 30, 2015.
Schedule K, Part I, Column a-01/12/2005 112,618,284 PA HIGHER ED FACILITIES AUTHORITY SERIES A&B 200TAX-EXEMPT BONDS- ADDITIONAL CUSIP # INFORMATION FORM 990, SCHEDULE K, PART I, ROW A, ITEM C THE FOLLOWING IS AN ADDITIONAL CUSIP # FOR THE PA HIGHER ED FACILITIES AUTHORITY- SERIES A & B OF 2005- 70917NQ72
Schedule K, Part II, Line 3-01/12/2005 112,618,284 PA HIGHER ED FACILITIES AUTHORITY SERIES A&B 2005FOR PA HIGHER ED FACILITIES AUTHORITY- SERIES A 2011, THE TOTAL PROCEEDS OF ISSUE REPORTED INCLUDES $5,086 IN TOTAL INVESTMENT EARNINGS. FOR PA HIGHER ED FACILITIES AUTHORITY- UPHS SERIES B 2005, THE TOTAL PROCEEDS OF ISSUE REPORTED INCLUDES $1,165,427 IN TOTAL INVESTMENT EARNINGS. FOR PA HIGHER ED FACILITIES AUTHORITY- UPHS SERIES A 2011, THE TOTAL PROCEEDS OF ISSUE REPORTED INCLUDES $297 IN TOTAL INVESTMENT EARNINGS. FOR PA HIGHER ED FACILITIES AUTHORITY- UPHS SERIES A 2012, THE TOTAL PROCEEDS OF ISSUE REPORTED INCLUDES $27,570 IN TOTAL INVESTMENT EARNINGS.
Schedule K, Part III, Line 1-01/12/2005 112,618,284 PA HIGHER ED FACILITIES AUTHORITY SERIES A&B 200FOR THE PA HIGHER ED FACILITIES AUTHORITY- UPHS SERIES OF 2015 (NEW-MONEY PORTION ONLY), UPHS SERIES A OF 2014, UPHS SERIES A OF 2012, UPHS SERIES A OF 2011, SERIES A OF 2011, AND UPHS SERIES A OF 2008, THE UNIVERSITYHAS SPECIFICALLY ALLOCATED EQUITY TO ALL SOURCES OF PRIVATE BUSINESS USE, WITH THE EXCEPTION OF ISSUANCE COSTS, WITHIN THE REQUIRED TIME FRAME. AS SUCH, THE UNIVERSITY HAS REPORTED NO PRIVATE BUSINESS USE FOR THESE BOND PROCEEDS ON FORM 990, SCHEDULE K, PART III, LINES 4 AND 5.
Schedule K, Part IV, Line 1-01/12/2005 112,618,284 PA HIGHER ED FACILITIES AUTHORITY SERIES A&B 2005NA
Schedule K, Part IV, Line 2a-01/12/2005 112,618,284 PA HIGHER ED FACILITIES AUTHORITY SERIES A&B 200NA
Schedule K, Part IV, Line 2c-06/12/2014 100,000,000 PA HIGHER ED FACILITIES ATHRTY UPHS SERIES A 201FOR PA HIGHER ED FACILITIES AUTHORITY- SERIES A 2011, THE TOTAL PROCEEDS OF ISSUE REPORTED INCLUDES $5,086 IN TOTAL INVESTMENT EARNINGS. FOR PA HIGHER ED FACILITIES AUTHORITY- UPHS SERIES B 2005, THE TOTAL PROCEEDS OF ISSUE REPORTED INCLUDES $1,165,427 IN TOTAL INVESTMENT EARNINGS. FOR PA HIGHER ED FACILITIES AUTHORITY- UPHS SERIES A 2011, THE TOTAL PROCEEDS OF ISSUE REPORTED INCLUDES $297 IN TOTAL INVESTMENT EARNINGS. FOR PA HIGHER ED FACILITIES AUTHORITY- UPHS SERIES A 2012, THE TOTAL PROCEEDS OF ISSUE REPORTED INCLUDES $27,570 IN TOTAL INVESTMENT EARNINGS.

Schedule K IRS990ScheduleK

Schedule L IRS990ScheduleL

Loans Btwn Org Interested Prsn LoansBtwnOrgInterestedPrsnGrp (2 entries)

Relationship With OrgRelationshipWithOrgTxtLoan PurposeLoanPurposeTxtLoan From OrganizationLoanFromOrganizationIndOriginal PrincipalOriginalPrincipalAmtBalance DueBalanceDueAmtDefaultDefaultIndBoard Or Committee ApprovalBoardOrCommitteeApprovalIndWritten AgreementWrittenAgreementInd
DR AMY GUTMANN
PRESIDENTRETENTION/RECRUITMNTYes (X)$1,250,000$1,250,0000Yes (1)Yes (1)
GEOFFREY M GARRETT
DEANRETENTION/RECRUITMNTYes (X)$150,000$148,2140Yes (1)Yes (1)
FieldValueIRS element (for citing)
Total Balance Due$1,398,214TotalBalanceDueAmt

Schedule M IRS990ScheduleM

Securities Miscellaneous SecuritiesMiscellaneousGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution924ContributionCnt
Noncash Contributions Rpt F990$66,652,608NoncashContributionsRptF990Amt
Method Of Determining RevenuesFAIR MARKET VALUEMethodOfDeterminingRevenuesTxt

Other Non Cash Contri Table OtherNonCashContriTableGrp (2 entries)

Non Cash CheckboxNonCashCheckboxIndDescDescContributionContributionCntNoncash Contributions Rpt F990NoncashContributionsRptF990AmtMethod Of Determining RevenuesMethodOfDeterminingRevenuesTxt
Yes (X)DONATED EQUIPMENT10$1,284,490FAIR MARKET VALUE
Yes (X)OTHER GIFTS IN KIND33$2,303,820FAIR MARKET VALUE
FieldValueIRS element (for citing)
Form8283 Received0Form8283ReceivedCnt
Any Property That Must Be Held0AnyPropertyThatMustBeHeldInd
Review Process Unusual NC GiftsYes (1)ReviewProcessUnusualNCGiftsInd
Third Parties UsedYes (1)ThirdPartiesUsedInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSchedule M, Part I, Line 32bFormAndLineReferenceDesc
ExplanationUTILIZATION OF THIRD PARTIES FOR SALES IN RARE INSTANCES WHERE NON-RARE, DUPLICATE, DONATIONS OF ART, HISTORICAL ASSETS OR OTHER SIMILAR ASSETS ARE RECEIVED, SUCH ITEMS MAY BE SENT TO A NON-PROFIT VENDOR FOR RESALE. THE UNIVERSITY THEN RECEIVES A PORTION OF THE SALES PRICE. THE TOTAL ACTIVITY WITH THIS VENDOR TYPICALLY GENERATES LESS THAN $2,000 PER YEAR.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Form 990, Part VI, Section B, Line 11bTHE FIRST DRAFT OF THE FEDERAL FORM 990 IS RECEIVED FROM OUR TAX CONSULTING FIRM, PRICEWATERHOUSECOOPERS LLP ("PWC"), ON OR BEFORE MARCH 15TH OF THE FILING YEAR AND REVIEWED BY THE ASSOCIATE COMPTROLLER. THE FORM 990 IS THEN DISTRIBUTED TO VARIOUS SENIOR FINANCIAL MANAGEMENT OFFICIALS, INCLUDING THE COMPTROLLER, CFO OF THE HEALTH SYSTEM, AND VICE PRESIDENT FOR FINANCE AND TREASURER PRIOR TO MEETING WITH PWC AND THE ASSOCIATE COMPTROLLER TO DISCUSS AND FINALIZE THE FORM. THE FIRST DRAFT OF THE FEDERAL FORM 990 IS RECEIVED FROM OUR TAX CONSULTING FIRM, PRICEWATERHOUSECOOPERS LLP ("PWC"), ON OR BEFORE MARCH 15TH OF THE FILING YEAR AND REVIEWED BY THE ASSOCIATE COMPTROLLER. THE FORM 990 IS THEN DISTRIBUTED TO VARIOUS SENIOR FINANCIAL MANAGEMENT OFFICIALS, INCLUDING THE COMPTROLLER, CFO OF THE HEALTH SYSTEM, AND VICE PRESIDENT FOR FINANCE AND TREASURER PRIOR TO MEETING WITH PWC AND THE ASSOCIATE COMPTROLLER TO DISCUSS AND FINALIZE THE FORM.
Form 990, Part VI, Section B, Line 12cEACH COVERED PERSON* ANNUALLY SHALL COMPLETE A CONFLICT OF INTEREST QUESTIONNAIRE PROVIDED BY THE UNIVERSITY AND SHALL UPDATE SUCH QUESTIONNAIRE PROMPTLY AS NECESSARY TO REFLECT CHANGES DURING THE COURSE OF THE YEAR. FORMER BOARD MEMBERS WHO ARE NOT TRUSTEE EMERITI ARE ENCOURAGED BUT NOT REQUIRED TO COMPLETE THE QUESTIONNAIRE DURING THE FIVE-YEAR PERIOD FOLLOWING COMPLETION OF THEIR TERMS. COMPLETED QUESTIONNAIRES SHALL BE RETURNED TO THE OFFICE OF THE SECRETARY AND SHALL BE SUBJECT TO REVIEW BY SUCH OFFICE AND THE OFFICE OF THE GENERAL COUNSEL, AS WELL AS BY ANY OUTSIDE LEGAL COUNSEL AND/OR AUDITORS WHO MAY BE APPOINTED TO ADVISE THE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES APPOINTED TO OVERSEE THIS POLICY. COMPLETED QUESTIONNAIRES ALSO SHALL BE AVAILABLE FOR INSPECTION BY ANY BOARD MEMBER. *COVERED PERSONS INCLUDE: (1) VOTING MEMBERS OF THE BOARD OF TRUSTEES (INCLUDING CHARTER TRUSTEES, TERM TRUSTEES, ALUMNI TRUSTEES, AND COMMONWEALTH TRUSTEES); (2) TRUSTEE EMERITI WHO HAVE SERVED IN THAT CAPACITY FOR FIVE YEARS OR LESS; (3) OTHER FORMER VOTING TRUSTEES FOR A PERIOD OF FIVE YEARS FROM THE END OF THEIR TERM AS SUCH; (4) OFFICERS AS DEFINED IN THE STATUTES; (5) MEMBERS OF THE INVESTMENT BOARD; AND (5) KEY EMPLOYEES. EACH COVERED PERSON (EXCEPT FORMER BOARD MEMBERS WHO ARE NOT TRUSTEE EMERITI) SHALL BE REQUIRED TO ACKNOWLEDGE, NOT LESS THAN ANNUALLY, THAT HE OR SHE HAS READ AND IS IN COMPLIANCE WITH THIS POLICY.
Form 990, Part VI, Section B, Line 15THE MEMBERSHIP OF THE COMPENSATION COMMITTEE CONSISTS OF AT LEAST 5 DISINTERESTED, VOTING MEMBERS OF THE BOARD OF TRUSTEES OF THE UNIVERSITY OF PENNSYLVANIA. THE COMMITTEE HAS THE AUTHORITY AND RESPONSIBILITY BOTH FOR PROVIDING OVERSIGHT AND REVIEW OF THE EXECUTIVE COMPENSATION PROCESS, OVERSIGHT AND REVIEW OF THE ACTUAL COMPENSATION DECISIONS, AND FOR REVIEWING ACTUAL AND PERCEIVED CONFLICT OF INTEREST TRANSACTIONS INVOLVING TRUSTEES AND STATUTORY OFFICERS ACCORDING TO GUIDELINES ESTABLISHED BY THE UNIVERSITY'S CONFLICT-OF-INTEREST POLICY AS ADOPTED BY THE BOARD OF TRUSTEES. THE COMMITTEE ADOPTS AND IMPLEMENTS EXECUTIVE COMPENSATION PRINCIPLES, AND IS ACCOUNTABLE FOR THE COMPENSATION AND BENEFITS ARRANGEMENTS OF THE PRESIDENT AND HER DIRECT REPORTS, THE STATUTORY OFFICERS, SENIOR ACADEMIC OFFICIALS, DEANS, OTHER KEY EMPLOYEES, AND ALL THOSE INDIVIDUALS WHO ARE POTENTIALLY DISQUALIFIED PERSONS WITHIN THE MEANING OF THE INTERMEDIATE SANCTIONS LEGISLATION. THE COMMITTEE MAY PERIODICALLY REVIEW THE COMPENSATION AND BENEFITS OF OTHER HIGHLY COMPENSATED INDIVIDUALS, EVEN IF THEY ARE NOT DEEMED TO EXERCISE "SUBSTANTIAL INFLUENCE" OVER THE UNIVERSITY. THE COMPENSATION SUBCOMMITTEE (CREATED TO CONFORM TO CERTAIN PROCEDURES IN DOCUMENTING REASONABLE SALARIES FOR THE OFFICERS OF THE UNIVERSITY), MEETS AT LEAST TWICE A YEAR TO REVIEW APPROPRIATE DATA, INCLUDING COMPARABLE SALARIES, IN ORDER TO REPORT ITS CONCLUSIONS AND RECOMMENDATIONS ON OFFICERS' SALARIES FOR FINAL APPROVAL. THE COMPENSATION SUBCOMMITTEE ENGAGES AN INDEPENDENT THIRD PARTY TO SERVE AS A CONSULTANT.
Form 990, Part VI, Section C, Line 19GOVERNING DOCUMENTS - OFFICIAL RECORDS GENERATED OR RECEIVED BY THE ADMINISTRATIVE AND ACADEMIC OFFICES OF THE UNIVERSITY IN THE CONDUCT OF THEIR BUSINESS ARE THE PROPERTY OF THE UNIVERSITY AND MAY BECOME ARCHIVAL MATERIAL. THE ARCHIVED RECORDS ARE AVAILABLE THROUGH THE UNIVERSITY ARCHIVES AND RECORDS CENTER WEB SITE HTTP://WWW.ARCHIVES.UPENN.EDU UNDER PRIMARY SOURCES. FORM 1023 - SINCE THE UNIVERSITY HAS BEEN IN EXISTENCE SINCE 1740, THE ORGANIZATION WAS NOT REQUIRED TO FILE A FORM 1023 APPLICATION. INSTEAD, ITS IRC SECTION 501(C)(3) TAX-EXEMPT STATUS IS GRANDFATHERED BY THE IRS. CONFLICT OF INTEREST POLICES - POLICIES, STATEMENTS, AND GUIDELINES ARE AVAILABLE TO THE PUBLIC ON THE OFFICE OF THE AUDIT, COMPLIANCE, AND PRIVACY WEB SITE AT HTTP://WWW.UPENN.EDU/AUDIT/OACP UNDER PRINCIPLES OF RESPONSIBLE CONDUCT. FINANCIAL STATEMENTS - THE UNIVERSITY'S ANNUAL REPORT IS PRODUCED BY THE OFFICE OF THE VICE PRESIDENT AND TREASURER IN CONJUNCTION WITH THE OFFICE OF THE COMPTROLLER AND INCLUDES THE UNIVERSITY'S AUDITED FINANCIAL STATEMENTS, SUMMARY OF ENDOWMENT PERFORMANCE, AND MESSAGES FROM EXECUTIVE MANAGEMENT. ANNUAL REPORTS ARE PUBLISHED AFTER THE CLOSE OF EACH FISCAL YEAR (JULY 1 TO JUNE 30) AND ARE AVAILABLE ON THE COMPTROLLER WEB SITE AT HTTP://WWW.FINANCE.UPENN.EDU/COMPTROLLER UNDER ANNUAL REPORTS.
Form 990, Part XI, Line 9not available

Schedule R IRS990ScheduleR

Id Disregarded Entities IdDisregardedEntitiesGrp (9 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdTotal IncomeTotalIncomeAmtEnd Of Year AssetsEndOfYearAssetsAmtDirect Controlling NADirectControllingNACdAddress Line1ForeignAddress/AddressLine1TxtCityForeignAddress/CityNmProvince Or StateForeignAddress/ProvinceOrStateNmCountryForeignAddress/CountryCdForeign PostalForeignAddress/ForeignPostalCdLegal Domicile Foreign CountryLegalDomicileForeignCountryCdBusiness Name Line1DirectControllingEntityName/BusinessNameLine1TxtBusiness Name Line2DisregardedEntityName/BusinessNameLine2TxtAddress Line2ForeignAddress/AddressLine2Txt
RA CITRUS-HEIGHT REMAINDERCO LLC
6162 SAN JUAN AVECITRUS HEIGHTSCA95610134018559REMAINDERCA$0$0N/A
RA FLINT REMAINDERCO LLC
5014 CLIO ROADFLINTMI48501134018594REMAINDERMI$0$0N/A
RA GIBBSTOWN REMAINDERCO LLC
380 HARMONY ROADGIBBSTOWNNJ08027231352685REMAINDERNJ$0$0N/A
RA BLYTHE REMAINDERCO LLC
890 EAST HOBSON WAYBLYTHECA92225231352685REMAINDERCA$0$0N/A
RA CLAREMONT REMAINDERCO LLC
45-99 WASHINGTON STREETCLAREMONTNH03743231352685REMAINDERNH$0$0N/A
UNIV OF PENN USA FOUNDATION LTD
980387770CHARITY-$1,356,985$798,86519 NORCOTT ROADLONDONENGLANDUKN167EJUKTRUSTEES
UNIV OF PENN HK FND LIMITED
981062727CHARITY-$6,109$643,682191 JAVA RDHONG KONGHONG KONGCHHKCHTRUSTEESROOM 8 7F K WAH CENTREROOM 8 7F K WAH CENTRE
LEARNING ALLIANCE LLC
1398 WLIMINGTON PIKEWEST CHESTERPA19383562351966EDUCATIONALPA$39,417$2,813,921TRUSTEES
RA03 NEW OXFORD REMAINDERCO LLC
5675 YORK ROADNEW OXFORDPA17350231352685REMAINDERPA$0$0N/A

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (31 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdExempt Code SectionExemptCodeSectionTxtPublic Charity StatusPublicCharityStatusTxtDirect Controlling NADirectControllingNACdControlled OrganizationControlledOrganizationIndBusiness Name Line1DirectControllingEntityName/BusinessNameLine1TxtBusiness Name Line2DisregardedEntityName/BusinessNameLine2Txt
ABRAMSON INSTITUTE
1086 PENLLYN BLUE BELL PIKEBLUE BELLPA19422232929823MED RESEARCHPA501(C)(3)4N/A0
CLINICAL CARE ASSOCIATES OF UPHS
250 KING OF PRUSSIA RD 4TH FLRADNORPA19087232729852HEALTHCAREPA501 (C) (3)9Yes (1)TRUSTEES
UNIVERSITY CLUB AT PENN INC
3611 WALNUT STREETPHILADELPHIAPA19104236299508FAC. CLUBPA501(C)(3)11, AYes (1)TRUSTEES
FRANKLIN SPECIALTY PHYSICIANS
3451 WALNUT STREETPHILADELPHIAPA19104232992715SUPPORT ORGPA501 (C) (3)11, BYes (1)PA HOSPITAL
OAP INC
3451 WALNUT STREET ROOM 329PHILADELPHIAPA19104231986931SUPPORT ORGPA501 (C) (3)11, AYes (1)TRUSTEES
PENN CENTER FOR REHAB AND CARE
3609 CHESTNUT STREETPHILADELPHIAPA19104232422635HEALTHCAREPA501 (C) (3)3Yes (1)PMC
PENN CLUB OF NEW YORK INC
30 WEST 44TH STREETNEW YORKNY10036232726687CLUBNY501 (C) (7)N/AN/A0
PENN PRAXIS INC
210 SOUTH 34TH STREETPHILADELPHIAPA19104752974931SUPPORT ORGPA501 (C) (3)11, AYes (1)TRUSTEES
PENN PRESS INC
3905 SPRUCE STREETPHILADELPHIAPA19107231876142PUBLISHINGPA501(C)(3)11, AYes (1)TRUSTEES
PENNSYLVANIA HOSPITAL OF UPHS
800 SPRUCE STREETPHILADELPHIAPA19107311538725HEALTHCAREPA501(C)(3)3Yes (1)TRUSTEES
PGH DEVELOPMENT CORP
426 CURIE BLVDPHILADELPHIAPA19104232351015SUPPORT ORGPA501(C)(3)11, AN/A0
PHOENIXVILLE HOSPITAL OF UPHS
3001 MARKET STREET 3RD FLOORPHILADELPHIAPA19104232901089SUPPORT ORGPA501(C)(3)3Yes (1)TRUSTEES
PRESBYTERIAN ANESTHESIOLOGY FOUNDATION
51 NORTH 39TH STREETPHILADELPHIAPA19104232561573SUPPORT ORGPA501(C)(3)11, AYes (1)PMC
PRESBYTERIAN MEDICAL CENTER OF UPHS
51 NORTH 39TH STREETPHILADELPHIAPA19104232810852HEALTHCAREPA501(C)(3)3Yes (1)TRUSTEES
THE ASC TRUST OF THE UNIV OF PA
1500 MARKET ST STE 3500EPHILADELPHIAPA19102810550464SUPPORT ORGPA501(C)(3)11, DN/A0
UPENN INTERNATIONAL
3451 WALNUT STREET SUITE 731PHILADELPHIAPA19104454985731SUPPORT ORGPA501(C)(3)11, AYes (1)TRUSTEES
THE CHESTER COUNTY HOSPITAL
701 EAST MARSHALL STREETWEST CHESTERPA19380230469150HOSPITALPA501(C)(3)3Yes (1)CCH&HS
NEIGHBORHOOD HEALTH AGENCIES INC
795 EAST MARSHALL STREETWEST CHESTERPA19380232324782NURSINGPA501(C)(7)11, AYes (1)CCH&HS
NEIGHBORHOOD VISITING NURSE ASSOCIATION
795 EAST MARSHALL STREETWEST CHESTERPA19380231352243NURSINGPA501(C)(3)9Yes (1)CCH&HS
NEIGHBORHOOD LEAGUE HEALTH SERVICES
795 EAST MARSHALL STREETWEST CHESTERPA19380232324787HEALTH SERVICESPA501(C)(3)9Yes (1)CCH & HS
CHESTER COUNTY HOSPITAL & HEALTH SYSTEM
701 EAST MARSHALL STREETWEST CHESTERPA19380264233321MANAGEMENT SERVICESPA501(C)(3)11, AYes (1)TRUSTEES
UPENN MASTER RETIREMENT TRUST
3451 WALNUT STREET ROOM 305PHILADELPHIAPA19106043574136RETIRE TRUSTPA501(A)N/AYes (1)TRUSTEES
CARL V S PATTERSON 19 UN OF PA
CO PNC BANK 620 LIBERTY AVEPITTSBURGHPA15222236415355SUPPORT TRUSTPA4947(A)(1)N/AN/A0
MORRIS EST LYDIA T DECD TW
1525 W WT HARRIS BLVDCHARLOTTENC28262236210940SUPPORT TRUSTPA501(C)(3)11, CN/A0
PRESBYTERIAN MULTI-SPECIALTY GROUP
51 NORTH 39TH STREETPHILADELPHIAPA19104232723154HEALTHCAREPA501(C)(3)9Yes (1)PMC
PRESBYTERIAN PERSONAL CARE RESIDENCE
51 NORTH 39TH STREETPHILADELPHIAPA19104232294713HEALTHCAREPA501(C)(3)11,AYes (1)PMC
SS HUEBNER FOUNDATION FOR
3000 STEINBERG HALLPHILADELPHIAPA19104236297325EDUCATIONAL SUPPORTPA501(C)(3)11, AN/A0INSURANCE EDUCATION
UNIVERSITY CITY ASSOCIATES INC
3451 WALNUT STREET ROOM 329PHILADELPHIAPA19104233021159SUPPORT ORGPA501(C)(3)11, AYes (1)TRUSTEES
UPENN RETIREE BENEFITS TRUST
3451 WALNUT STREET ROOM 329PHILADELPHIAPA19104232769744BENEFITSPA501(C)(3)11, AYes (1)TRUSTEES
WISSAHICKON HOSPICE OF UPHS
150 MONUMENT ROAD SUITE 300BALA CYNWYDPA19004232152662HOSPICE CAREPA501(C)(3)9TRUSTEES
WOMEN'S AND CHILDREN'S HEALTH SERVICES
700 SPRUCE STREETPHILADELPHIAPA19106232248956HEALTHCAREPA501(C)(3)3Yes (1)PA HOSPITAL

Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp (10 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdBusiness Name Line1DirectControllingEntityName/BusinessNameLine1TxtPredominant Income TypePredominantIncomeTypeTxtShare Of Total IncomeShareOfTotalIncomeAmtShare Of EOY AssetsShareOfEOYAssetsAmtDisproportionate AllocationsDisproportionateAllocationsIndUBI Code VUBICodeVAmtGeneral Or Managing PartnerGeneralOrManagingPartnerIndOwnershipOwnershipPctAddress Line1ForeignAddress/AddressLine1TxtCityForeignAddress/CityNmCountryForeignAddress/CountryCdForeign PostalForeignAddress/ForeignPostalCdLegal Domicile Foreign CountryLegalDomicileForeignCountryCdEINEIN
NEIGHBRHD PRES & DEV FUND LP
240 NEW YORK DR STE 1Fort WashingtonPA19034RENTALPAUCAUnrelated$0$00$000
SISU CAP PRIV EQUITY FUND B
INVESTMENTTRUSTEESExcluded-$1,100,263$2,584,4120$000.56981 RED PLACE W1K 6PLLondonUKW1K 6PLUK
SISU CAP PRIV EQUITY FUND E
INVESTMENTTRUSTEESExcluded-$17,668$2,735,2830$000.745481 RED PLACELondonUKW1K 6PLUK
DVG 1740 FUND LP
ONE FAWCETT PLACEGreenwichCT06830INVESTMENTCTTRUSTEESExcluded$965,774$165,234,0280$001.00800961539
GALLOPAVO LP
2000 MCKINNEY AVE STE 2125DallasTX75201INVESTMENTTXTRUSTEESExcluded-$18,675,282$81,819,5040$001.00464621967
SRP INVESTORS FUND A LP
2001 ROSS AVE SUITE 2800DallasTX75201INVESTMENTTXTRUSTEESExcluded-$51,228$1,400,9190$000.94261
FERN HILL LLC
2001 ROSS AVE SUITE 2800West ChesterPA19380RENTALPATHHSExcluded$0$00$000233005147
OAKLANDS WAY MEDICAL BUILDING
929 SOUTH HIGH STREETWest ChesterPA19380RENTALPATHHSExcluded$0$00$000
FERN HILL PARTNERSHIP III LP
929 SOUTH HIGH STREETWest ChesterPA19380RENTALPATHHSExcluded$0$00$000
SPRUCE MRI ASSOCIATES
801 SPRUCE STREET - LOWER LEVELPhiladelphiaPA19107INVESTMENTPAPAHExcluded$0$00$000

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (15 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdBusiness Name Line1DirectControllingEntityName/BusinessNameLine1TxtEntity TypeEntityTypeTxtShare Of Total IncomeShareOfTotalIncomeAmtShare Of EOY AssetsShareOfEOYAssetsAmtOwnershipOwnershipPctControlled OrganizationControlledOrganizationIndLegal Domicile Foreign CountryLegalDomicileForeignCountryCdAddress Line1ForeignAddress/AddressLine1TxtAddress Line2ForeignAddress/AddressLine2TxtCityForeignAddress/CityNmCountryForeignAddress/CountryCdForeign PostalForeignAddress/ForeignPostalCdAddress Line2USAddress/AddressLine2TxtDirect Controlling NADirectControllingNACd
CLINICAL HEALTH CARE ASSOC
250 KING OF PRUSSIA ROAD 4TH FLOORRADNORPA190875220232865181PHYS MGMTPACCAC$0$00Yes (1)
DELANCEY CORPORATION
510 WALNUT STREET SUITE 420PHILADELPHIAPA19106232060159RENTALPACCAC$0$00Yes (1)
FRANKLIN CASUALTY INSURANCE CO
PO BOX 350BURLINGTONVT054010530043378984INSURANCEVTTRUSTEESC-$162,732$30,586,0571Yes (1)
PENN TOWER HOTEL INC
3401 WALNUT STREET SUITE 440APHILADELPHIAPA19104232812573HOTEL/RESTAURANTPATRUSTEESC$726,373$12,418,5591Yes (1)
PRESBYTERIAN MEDICAL SERVICES
39TH AND MARKET STREETPHILADELPHIAPA19104232307991HEALTHCAREPAPMCC$0$00Yes (1)
QUAKER INSURANCE COMPANY LTD
3451 WALNUT ST ROOM 329PHILADELPHIAPA19104300708282SELF INSURANCETRUSTEESC$7,144,638$181,717,3741Yes (1)BD
PENN WHARTON CONSULTING (BEIJING) CO LTD
EDUCATIONUPENN INTERNATIONALC$0$00Yes (1)CHCHINA WORLD TOWER 114F 100004 CHAOYANG DISTBEIJINGCH100000
NAYA 1740 FUND LTD
RENTALTRUSTEESC1.00Yes (1)CJPO BOX 309UGLAND HOUSECJKY11104
PINE RIVER 1740 TACTICAL FUND LTD
981110518INVESTMENTTRUSTEESC1.000CJPO BOX 309UGLAND HOUSECJKY1-1104
PINE RIVER 1740 FUND LTD
981110661INVESTMENTSTRUSTEESC$0$00Yes (1)CJPO BOX 309UGLAND HOUSECJKY1-1104
THE PAM 1740 FUND LTD
INVESTMENTSTRUSTEESC$0$01Yes (1)CJPO BOX 309UGLAND HOUSECJKY1-1104
PROFESSIONAL PROVIDERS INC
701 E MARSHALL STREETWEST CHESTERPA19380233076589PHYSICIAN SERV.PACCH&HSC$0$000
CHESTER COUNTY OBGYN ASSOCIATES INC
701 E MARSHALL STREETWEST CHESTERPA19380300073633OBGYN SERVICESPACCH&HSC$0$00Yes (1)
TURK'S HEAD HEALTH SERVICES
701 EAST MARSHALL STREETWEST CHESTERPA19380232329753MEDICAL SERVICESPACCH & HSC$0$00Yes (1)
CHARITABLE REMAINDER TRUSTS (65)
3451 Walnut StreetPhiladelphiaPA19104N/APAT$0$000Room 305N/A
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts RyltsYes (1)ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth OrgYes (1)GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other OrgYes (1)LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth OrgYes (1)RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of FacilitiesYes (1)SharingOfFacilitiesInd
Paid Employees SharingYes (1)PaidEmployeesSharingInd
Reimbursement Paid To Other OrgYes (1)ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other OrgYes (1)ReimbursementPaidByOtherOrgInd
Transfer To Other OrgYes (1)TransferToOtherOrgInd
Transfer From Other OrgYes (1)TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp (11 entries)

Transaction TypeTransactionTypeTxtInvolvedInvolvedAmtMethod Of Amount DeterminationMethodOfAmountDeterminationTxt
DVG 1740 FUND LP
b$120,000,000fmv
FRANKLIN CASUALTY INSURANCE CO
r$43,235,872FMV
PENN PRAXIS INC
o$521,236fmv
PENN TOWER HOTEL INC
a-i$1,500,000fmv
PENNSYLVANIA HOSPITAL OF UPHS
k$40,826,490fmv
PRESBYTERIAN MEDICAL CENTER OF UPHS
k$64,869,110FMV
SRP INVESTORS FUND A LP
b$1,457,854fmv
UPENN INTERNATIONAL
b$33,504,292fmv
THE PAM 1740 FUND LTD
b$93,792,754FMV
UPENN RETIREE BENEFITS TRUST
b$93,792,754FMV
WISSAHICKON HOSPICE OF UPHS
o$2,810,780FMV

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSchedule R, Part IVFormAndLineReferenceDesc
ExplanationSCHEDULE R, PART IV, LINE 4 DETAIL OF LEGAL DOMICLES FOR CHARITABLE REMAINDER TRUSTS AS OF JUNE 30, 2015, THE TRUSTEES OF THE UNIVERSITY OF PENNSYLVANIA (THE "UNIVERSITY") HELD INTERESTS IN 2 CHARITABLE REMAINDER TRUSTS IN FLORIDA, 1 CHARITABLE REMAINDER TRUST IN NEW YORK AND 62 CHARITABLE REMAINDER TRUSTS IN PENNSYLVANIA WHERE THE UNIVERSITY HAD MORE THAN 50% OF THE BENEFICIAL INTERESTS IN THE TRUSTS.ExplanationTxt

Reasonable Cause Explanation ReasonableCauseExplanation

FieldValueIRS element (for citing)
ExplanationThe Trustees of the University of Pennsylvania has a fiscal year end of June 30 and Federal Form 990 will not be prepared in time to meet the state filing requirement. The Trustees of the University of Pennsylvania is submitting Federal Form 8868 in order to respectfully request an extension for its annual Charitable Solicitation Renewal, which is due November 15, 2015. The Trustees of the University of Pennsylvania is requesting a six month extension.ExplanationTxt