2016-05-13T09:25:02-05:00 2015-06-30 KPMG LLP 345 Park Avenue New York NY 101540102 990 2014-07-01 060646623 FAIRFIELD UNIVERSITY % MICHAEL TRAFECANTE FAIR 2032544000 1073 NORTH BENSON ROAD FAIRFIELD CT 068245195 MICHAEL TRAFECANTE VP FINANCE/TREASURER 2032544000 2016-05-12 true KPMG LLP P00431862 2127589700 2016-05-12 2014 2016-08-17 19:52:53Z REV JEFFREY P VON ARX SJ 1073 NORTH BENSON ROAD FAIRFIELD CT 068245195 310146124 false X WWW.FAIRFIELD.EDU X 1942 CT FAIRFIELD'S MISSION IS TO DEVELOP THE CREATIVE INTELLECTUAL POTENTIAL OF ITS STUDENTS AND TO FOSTER IN THEM ETHICAL AND RELIGIOUS VALUES AND A SENSE OF SOCIAL RESPONSIBILITY. 38 37 2935 500 -12981 -26066 29129565 26696203 230524561 244065862 20575412 18685753 2035697 939734 282265235 290387552 60948524 65201906 0 0 106199507 106418558 0 365178 7493986 82264385 86844827 249412416 258830469 32852819 31557083 702865090 716196075 256961805 247353669 445903285 468842406 X EDUCATION FOR AN INSPIRED LIFE - A FAIRFIELD UNIVERSITY EDUCATION HAS BECOME MORE INTEGRATED IN FOCUS, MORE GLOBAL IN OUTLOOK, AND MORE INTENTIONAL IN ITS STRUCTURE THAN EVER BEFORE IN THE JESUIT TRADITION. WE ARE COMMITTED TO CREATING A STUDENT-FOCUSED, HOLISTIC, AND DIVERSE EDUCATIONAL ENVIRONMENT INTENDED TO EDUCATE THE WHOLE PERSON, MIND, BODY AND SPIRIT. WE WANT TO CULTIVATE IN BOTH OUR UNDERGRADUATE AND GRADUATE STUDENTS A SENSE OF COMMUNITY AND STRONG ETHICAL AND SPIRITUAL VALUES TO GUIDE THEM ON THEIR PATHS INTO THE FUTURE. false false 181660781 65201906 202241747 FAIRFIELD UNIVERSITY IS AN INSTITUTION OF HIGHER LEARNING WITH UNDERGRADUATE, GRADUATE AND CONTINUING EDUCATION ACADEMIC PROGRAMS INCLUDING STUDENTS RESIDING ON CAMPUS. FULL-TIME EQUIVALENT ENROLLMENT FOR THE 2014-2015 ACADEMIC YEAR WERE 3,786 UNDERGRADUATES AND 722 GRADUATE STUDENTS WITH APPROXIMATELY 2,929 STUDENTS LIVING IN ON-CAMPUS RESIDENCES. ALSO INCLUDED IN OUR PROGRAM SERVICES IS A SECONDARY PREPARATORY SCHOOL WITH AN ENROLLMENT OF APPROXIMATELY 900 STUDENTS. FAIRFIELD UNIVERSITY WELCOMED 1,056 MEMBERS OF THE CLASS OF 2018 AND 47 TRANSFER STUDENTS TO CAMPUS in the Fall of 2014. THE NUMBER EXCEEDED THE BUDGETED GOAL OF 975. THE CLASS OF 2018 IS A STRONG CLASS, WITH AN AVERAGE SAT SCORE OF 1775, SLIGHTLY HIGHER THAN THAT OF THE CLASS OF 20I7. CONTINUED REFINEMENT OF THE FINANCIAL AID PROCESS AS WELL AS ENHANCEMENTS TO CAMPUS PROGRAMMING AND FOLLOW UP COMMUNICATION EFFORTS RESULTED IN A CLASS THAT EXCEEDED OUR BUDGETED GOALS. RECOGNITION OF QUALITY AND VALUE FOR THE 24TH CONSECUTIVE YEAR FAIRFIELD RANKED IN THE TOP 2% OF ITS PEER GROUP IN SURVEYS DONE BY U S NEWS AND WORLD REPORT, FAIRFIELD WAS THE SIXTH HIGHEST UNIVERSITY IN THE NORTH REGION. THE UNIVERSITY WAS ALSO ACCLAIMED FOR ITS "STRONG COMMITMENT TO UNDERGRADUATE TEACHING," HIGH FRESHMAN RETENTION RATE (89%) AND SIX-YEAR GRADUATION RATE (80%) MONEY MAGAZINE RANKED FAIRFIELD IN THE TOP 150 (OUT OF 665) FOR BEST VALUED BASED ON QUALITY OF EDUCATION, AFFORDABILITY AND OUTCOMES FAIRFIELD HAS ALSO BEEN RECOGNIZED BY THE FOLLOWING PUBLICATIONS AND ORGANIZATIONS FORBES MAGAZINE'S AMERICAN'S TOP COLLEGES PRINCETON REVIEW'S TOP 380 COLLEGES KIPLNGER'S PERSONAL FINANCE "35 BEST COLLEGE VALUES IN NEW ENGLAND" BLOOMBERG BUSINESS WEEK'S LIST OF BEST UNDERGRADUATE BUSINESS SCHOOLS ABROAD 101 TOP FOUR STUDY ABROAD PROGRAMS IN THE WORLD. THE FAIRFIELD STAGS CONTINUE TO DEMONSTRATE PROWESS ON BOTH THE FIELD AND IN THE CLASSROOM IN DATA RELEASED BY THE NATIONAL COLLEGIATE ATHLETIC ASSOCIATION FAIRFIELD HAD THE HIGHEST GRADUATION SUCCESS RATE (GSR) OF ALL 11 METRO ATLANTIC ATHLETIC CONFERENCE (MMC) COLLEGES AND UNIVERSITIES AND THE 12TH HIGHEST IN THE NATION. FAIRFIELD HAD A GSR OF 97 PERCENT WITH 17 OF ITS VARSITY PROGRAMS ABOVE THE NATIONAL AVERAGE OF DIVISION I STUDENT-ATHLETES. 38419386 39430166 AUXILIARY SERVICES INCLUDE THE COSTS OF ROOM AND BOARD FOR APPROXIMATELY 2,600 FULL-TIME UNDERGRADUATE STUDENTS LIVING ON CAMPUS IN RESIDENCE HALLS, TOWNHOUSES, AND APARTMENT COMPLEXES RESIDING ON A 200 ACRE CAMPUS. GRADUATE STUDENT HOUSING IS ALSO OFFERED IN INDEPENDENT OFF-CAMPUS HOUSES, AN APARTMENT STYLE RESIDENCE HALL. 2822268 3842770 OTHER PROGRAM SERVICES 222902435 true true false true false false true true false true true true false false true false true false true true true false true true true false false false true true true false false false false false false false false false false true true false false false false false false false true X 933 0 true 2935 true true true true IT UK false false false true true false false false false X 38 37 false false false false false false false true true false false false true true true true true true true false CT X MICHAEL TRAFECANTE 2032544000 1073 NORTH BENSON ROAD FAIRFIELD CT 06824 X NANCY A ALTOBELLO TRUSTEE 2.0 0.0 X 0 0 0 CEASAR NICHOLAS ANQUILLARE TRUSTEE 1.0 0.0 X 0 0 0 WILLIAM L ATWELL TRUSTEE 2.0 0.0 X 0 0 0 REV DENNIS M BAKER SJ TRUSTEE 1.0 0.0 X 0 0 0 REV JOHN F BALDOVIN SJ TRUSTEE 1.0 0.0 X 0 0 0 REV TERRENCE A BAUM SJ TRUSTEE 2.0 0.0 X 0 0 0 MARK J BECKWITH TRUSTEE 1.0 0.0 X 0 0 0 JOSEPH R BRONSON TRUSTEE 1.0 0.0 X 0 0 0 KEVIN P CANNON TRUSTEE 1.0 0.0 X 0 0 0 CARLOS M CARDOSO TRUSTEE 1.0 0.0 X 0 0 0 FRANK J CARROLL III TRUSTEE 2.0 0.0 X 0 0 0 KEVIN M CONLISK TRUSTEE 1.0 0.0 X 0 0 0 TIMOTHY J CONWAY TRUSTEE 1.0 0.0 X 0 0 0 WILLIAM C CRAGER TRUSTEE 1.0 0.0 X 0 0 0 SHEILA KEARNEY DAVIDSON TRUSTEE 2.0 0.0 X 0 0 0 CHRISTOPHER C DESMARAIS TRUSTEE 1.0 0.0 X 0 0 0 REV TERRENCE P DEVINO SJ TRUSTEE 1.0 0.0 X 0 0 0 PETER J GILLEN TRUSTEE 1.0 0.0 X 0 0 0 PATRICIA E GLASSFORD TRUSTEE 2.0 0.0 X 0 0 0 KELLY SIMON HONDRU TRUSTEE 1.0 0.0 X 0 0 0 BRIAN P HULL TRUSTEE 2.0 0.0 X 0 0 0 PAUL J HUSTON TRUSTEE 1.0 0.0 X 0 0 0 ROBIN KANAREK TRUSTEE 1.0 0.0 X 0 0 0 SUSAN ROBINSON KING MA TRUSTEE 1.0 0.0 X 0 0 0 KATHERINE N LAPP TRUSTEE 1.0 0.0 X 0 0 0 STEPHEN M LESSING TRUSTEE 1.0 0.0 X 0 0 0 BILL MCINTOSH TRUSTEE 1.0 0.0 X 0 0 0 ANDREW J MCMAHON TRUSTEE 1.0 0.0 X 0 0 0 ROBERT J MURPHY JR TRUSTEE 1.0 0.0 X 0 0 0 MOST REV GEORGE V MURRY SJ TRUSTEE 1.0 0.0 X 0 0 0 GAVIN G O'CONNOR TRUSTEE 1.0 0.0 X 0 0 0 BIFF J O'REILLY TRUSTEE 2.0 0.0 X 0 0 0 REV STEPHEN A PRIVETT SJ TRUSTEE 2.0 0.0 X 0 0 0 CHRISTOPHER C QUICK TRUSTEE 1.0 0.0 X 0 0 0 KATIE JACOBS ROBINSON TRUSTEE 1.0 0.0 X 0 0 0 MARIANNE DOLAN WEBER TRUSTEE 1.0 0.0 X 0 0 0 JAMES D WEHR TRUSTEE 1.0 0.0 X 0 0 0 REV JEFFREY VON ARX SJ PRESIDENT 45.0 0.0 X X 301480 0 81455 MARK REED SECRETARY 45.0 0.0 X 273096 0 56391 MICHAEL TRAFECANTE TREASURER 45.0 0.0 X 208626 0 10864 KEVIN LAWLOR EXECUTIVE VICE PRESIDENT 45.0 0.0 X 345234 0 47447 LYNN BABINGTON PROVOST & SR VP ACADEMICS 45.0 0.0 X 238688 0 46068 THOMAS PELLEGRINO SR. VP FOR STUDENT AFFAIRS 45.0 0.0 X 184275 0 47375 EVELYN FRANCIS CHIEF INFORMATION OFFICER 45.0 0.0 X 182994 0 48083 WALTER HALAS VP, ADVANCEMENT 45.0 0.0 X 154841 0 35318 DONALD GIBSON DEAN, SCHOOL OF BUSINESS 45.0 0.0 X 201373 0 49820 SYDNEY JOHNSON HEAD MBB COACH 45.0 0.0 X 532252 0 63239 NORMAN SOLOMON PROFESSOR OF MANAGEMENT 45.0 0.0 X 209785 0 47258 GREGORY KOUTMOS PROFESSOR OF FINANCE 45.0 0.0 X 191969 0 49836 JOSEPH FRAGER HEAD WBB COACH 45.0 0.0 X 191216 0 49476 3215829 0 632630 178 false true false Sodexo Inc Affiliates PO Box 352 Buffalo NY 14240 Dining Service 10903948 ABM Janitorial Services Northeast I PO Box 1534 New York NY 10008 Custodial Service 2913159 The Fairfield Jesuit Community Fairfield University Fairfield CT 06824 Admin & Teaching Ser 1971109 KW Construction LLC 126 Bucks Hill Rd Southbury CT 06488 Contruction 1528620 The Travelers Indemnity CL Remittance Ctr PO Box 660317 Dallas TX 752660317 Insurance 1427222 105 876926 3120817 22698460 3702045 26696203 Tuition & Fees 611600 202241747 202241747 Auxiliary Services 721000 39430166 39430166 Other Program Services 900099 2393949 2393949 244065862 3855636 18880 3836756 0 0 1481586 1200041 281545 0 281545 313406 -31861 33156452 18326335 14830117 14830117 14830117 114970 876926 232196 -117226 -117226 0 0 SUMMER CAMPS & OTHER 611710 370079 370079 Miscellaneous income 611710 405336 405336 775415 290387552 245154683 -12981 18549647 0 62699147 62699147 2502759 2502759 0 2464584 1318824 713699 432061 0 75728065 63731994 8369774 3626297 4943103 4136335 537411 269357 17955607 11728791 5507247 719569 5327199 4478203 571603 277393 52 52 532377 7016 525068 293 233450 1400 232050 0 365178 365178 1102411 1102411 16318615 13653751 2629124 35740 922778 302094 604108 16576 7948322 5202714 2175414 570194 2548473 1418174 1099328 30971 0 9197658 9190192 7466 6531060 5041176 716043 773841 0 930156 832486 102511 -4841 10025099 10025099 0 16272374 15323464 790910 158000 1197678 163378 1034230 70 Maint and Equipment 5678791 4405629 1106003 167159 Library Acquisitions 1494721 1494721 Other expense 5910812 5245036 609648 56128 258830469 222902435 28434048 7493986 607094 413666 50658062 40895674 22673140 25064869 2679092 2898959 0 0 0 0 0 0 0 0 0 0 502892719 216338566 281004944 286554153 265367390 286175195 51039008 44508335 0 0 0 0 28836360 29685224 702865090 716196075 30760789 29982633 2180400 2380505 11960187 16641929 205817091 198335251 0 0 0 0 0 0 6188465 0 54873 13351 256961805 247353669 X 225404198 245251081 87118224 87062956 133380863 136528369 445903285 468842406 702865090 716196075 X 31557083 -8528533 -89429 X false true X true true true X 21059676 27411400 27325752 29129565 26696203 131622596 0 0 21059676 27411400 27325752 29129565 26696203 131622596 7136875 124485721 778774 1447776 1017219 2233274 5337222 10814265 290985 181792 472777 0 142909638 1112645136 0.87108 0.00000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false false 0 false 0 false 0 false 0 false 0 false 0 true 0 false PART II-B, LINE 1 FAIRFIELD UNIVERSITY MAY INDIRECTLY INCUR LOBBYING EXPENSE THROUGH DUES PAID TO OTHER ORGANIZATIONS. X 9 30.00 2 1 true 65.00 40000 false X X X X false 321418792 5552666 8859495 4664316 6667741 324498896 279942310 6088762 46025846 3449456 7188670 321418792 256129303 7440796 27269923 3884790 7012922 279942310 258747437 14963728 -6371279 3395380 7815203 256129303 223395750 3930822 42769642 3160570 8188207 258747437 0.42920 0.42074 0.15006 false false 6393749 6393749 424381328 159689305 264692023 18350531 8880233 9470298 53767111 47769028 5998083 286554153 44508335 F 44508335 0 CAPITAL LEASES 13351 13351 216523358 -8528533 -231385 -8759918 225283276 1102411 64001865 65104276 290387552 193584237 1200041 1200041 192384196 1102411 65343862 66446273 258830469 SCHEDULE D - PART III, LINE 1A SFAS 116 (ASC 958) FOOTNOTE THE ART COLLECTIONS ARE DONATED TO THE UNIVERSITY AND NOT RECONGIZED IN THE ASSETS OF THE BALANCE SHEET. THE AUDITED FINANCIAL STATEMENTS DOES NOT HAVE A FOOTNOTE REGARDING THE COLLECTIONS. SCHEDULE D - PART III, LINE 4 ORGANIZATION'S COLLECTIONS THE ART COLLECTIONS ARE IMPORTANT CULTURAL RESOURCES OF THE UNIVERSITY, PROVIDING ARTS AND ACADEMIC ENRICHMENT TO THE STUDENTS, FACULTY, LOCAL COMMUNITY, AND INTERNATIONAL SCHOLARLY COMMUNITY. THE COLLECTIONS ARE HOUSED AT THE LUKACS GALLERY, THOMAS J WALSH ART GALLERY, THE BELLARMINE MUSEUM & VARIOUS LOCATIONS ON CAMPUS. A WEBSITE HAS BEEN DESIGNED TO GIVE ACCESS TO THESE WORKS OF ART, COLLECTIONS AND VENUES AND TO PROVIDE HISTORICAL AND TECHNICAL INFORMATION ON THE WORKS. THE BELLARMINE MUSEUM IS DEDICATED TO PRESERVING, STUDYING, AND EXHIBITING THOSE OBJECTS ENTRUSTED TO ITS CARE, WHILE NEVER LOSING SIGHT OF ITS OBLIGATION TO EDUCATE AND INSPIRE ITS MANY AUDIENCES, FOR THE GREATER ENRICHMENT OF ALL. THE MUSEUM IS OPEN TO THE PUBLIC AND FREE OF CHARGE FOR INDIVIDUALS. SCHEDULE D - PART V, LINE 4 THE UNIVERSITY'S ENDOWMENT IS AN AGGREGATION OF GIFTS PROVIDED BY DONORS WITH THE REQUIREMENT THE GIFTS BE HELD IN PERPETUITY TO GENERATE EARNINGS NOW AND IN FUTURE YEARS TO SUPPORT THE UNIVERSITY'S PROGRAMS OF INSTRUCTION, RESEARCH AND PUBLIC SERVICE AND FUNDS DESIGNATED BY THE BOARD OF TRUSTEES TO FUNCTION AS ENDOWMENT. EARNINGS FROM ENDOWMENT INVESTMENTS SUPPORT SCHOLARSHIPS, CHAIRS, PROFESSORSHIPS, FELLOWSHIPS, BASIC RESEARCH, AS WELL AS ACADEMIC AND PUBLIC SERVICE PROGRAMS. THE ENDOWMENT SHOULD PROVIDE STABILITY SINCE THE PRINCIPAL IS INVESTED AND EARNINGS ARE GENERATED YEAR AFTER YEAR. NET ASSETS ASSOCIATED WITH ENDOWMENT FUNDS, INCLUDING FUNDS DESIGNATED BY THE BOARD OF TRUSTEES TO FUNCTION AS ENDOWMENTS, ARE CLASSIFIED AND REPORTED BASED ON THE EXISTENCE OR ABSENCE OF DONOR-IMPOSED RESTRICTIONS. SCHEDULE D - PART XI, LINE 2D OTHER AMOUNTS INCLUDED ON AUDITED FINANCIAL STATEMENTS BUT NOT ON FORM 990, PART VIII: CHANGE IN VALUE OF SPLIT INTEREST AGREEMENT ( 89,429) MISC. EXPENSES (141,956) _________ TOTAL (231,385) SCHEDULE D - PART XI, LINE 4B AMOUNTS INCLUDED ON FORM 990, PART VIII BUT NOT AUDITED FINANCIAL STATEMENTS: SCHOLARSHIP EXPENSE 65,201,906 RENTAL EXPENSE RECLASS ( 1,200,041) ____________ TOTAL 64,001,865 SCHEDULE D - PART XII, LINE 2D AMOUNTS INCLUDED ON AUDITED FINANCIAL STATEMENTS BUT NOT ON FORM 990, PART IX: RENTAL EXPENSE RECLASS 1,200,041 SCHEDULE D - PART XII, LINE 4B AMOUNTS INCLUDED ON FORM 990, PART IX BUT NOT ON AUDITED FINANCIAL STATEMENTS: MISC. EXPENSES 141,956 SCHOLARSHIP EXPENSE 65,201,906 -------------- TOTAL 65,343,862 true true true true true true true false false false false false false false false true false true SCHEDULE E - PART I, LINE 3 FAIRFIELD UNIVERSITY ADMITS STUDENTS OF ANY SEX, RACE, COLOR, MARITAL STATUS, SEXUAL ORIENTATION, RELIGION, AGE, NATIONAL ORIGIN OR ANCESTRY, DISABILITY OR HANDICAP TO ALL THE RIGHTS, PRIVILEGES, PROGRAMS, AND ACTIVITIES GENERALLY ACCORDED OR MADE AVAILABLE TO STUDENTS OF THE UNIVERSITY. IT DOES NOT DISCRIMINATE ON THE BASIS OF SEX, RACE, COLOR, MARITAL STATUS, SEXUAL ORIENTATION, GENDER IDENTITY, VETERAN'S STATUS, POLITICAL IDEOLOGY, RELIGION, AGE, NATIONAL ORIGIN OR ANCESTRY, DISABILITY OR HANDICAP IN ADMINISTRATION OF ITS EDUCATIONAL POLICIES, ADMISSIONS POLICIES, EMPLOYMENT POLICIES, SCHOLARSHIP AND LOAN PROGRAMS, ATHLETIC PROGRAMS, OR OTHER UNIVERSITY-ADMINISTERED PROGRAMS. THIS INFORMATION IS OUTLINED ON FAIRFIELD UNIVERSITY'S PUBLIC WEBSITE. SCHEDULE E - PART I, LINE 6: FAIRFIELD UNIVERSITY RECEIVES GRANTS, AWARDS AND FINANCIAL ASSISTANCE FOR ITS STUDENTS FROM VARIOUS GOVERNMENTAL AGENCIES. THE UNIVERSITY HAS ALWAYS BEEN IN GOOD STANDING AND THE RIGHT TO RECEIVE SUCH AID HAS NEVER BEEN REVOKED OR SUSPENDED. true Europe (Including Iceland and Greenland) 1 2 Program Services STUDY ABROAD ACADEMIC 5150167 East Asia and the Pacific 0 0 Program Services STUDY ABROAD ACADEMIC 411861 Central America and the Caribbean 0 0 Program Services STUDY ABROAD ACADEMIC 80587 Sub-Saharan Africa 0 0 Program Services STUDY ABROAD ACADEMIC 75869 Central America and the Caribbean Grantmaking 7000 East Asia and the Pacific Grantmaking 83194 Europe (Including Iceland and Greenland) Grantmaking 1062076 Middle East and North Africa Grantmaking 1000 North America Grantmaking 1122530 South America Grantmaking 45500 South Asia Grantmaking 62309 Sub-Saharan Africa Grantmaking 119150 1 2 1 2 8221243 8221243 SCHOLARSHIP Central America and the Caribbean 1 7000 SCHOLARSHIP East Asia and the Pacific 7 83194 SCHOLARSHIP Europe (Including Iceland and Greenland) 23 1062076 SCHOLARSHIP Middle East and North Africa 1 1000 SCHOLARSHIP North America 33 1122530 SCHOLARSHIP South America 3 45500 SCHOLARSHIP South Asia 36 62309 SCHOLARSHIP Sub-Saharan Africa 3 119150 true false true true true false SCHEDULE F - PART I, LINE 3: ACCRUAL METHOD X X X X X X true RUFFALO CODY POBOX 718 DES MOINES IA 50303 EXTERNAL DB false 25178 COMMUNITY COUNSELING SERV PO BOX 824885 PHILADELPHIA PA 19182 CAMPAIGN CONSULTING false 340000 365178 Alumni Awrd Din 991896 876926 114970 188040 4228 39928 0 991896 876926 114970 188040 4228 39928 232196 -117226 true INSTITUTIONAL SCHOLARSHIPS 5238 47811005 ATHLETIC SCHOLARSHIPS 350 6266464 STATE AND FEDERAL GRANTS 682 1347957 PREP SCHOOL FINANCIAL AID 259 2341691 OTHER FINANCIAL AID 619 4932030 SCHEDULE I - PART I, LINE 2: SEVERAL PROCEDURES AND REPORTS ARE USED ANNUALLY TO MONITOR FINANCIAL AID INCLUDING. THE UNIVERSITY HAS IN PLACE INTERNAL CONTROLS TO ENSURE AMOUNTS ARE AWARDED TO STUDENTS WHO CONTINUE TO MEET AND MAINTAIN ELIGIBILITY REQUIREMENTS. THESE INTERNAL CONTROLS ARE ADMINISTERED BY THE UNIVERSITY'S FINANCIAL AID OFFICE, INDEPENDENT AUDITORS COMPLETE THE A-133 AUDIT RELATING TO FEDERAL STUDENT AID, THE FISAP REPORT FOR THE DEPARTMENT OF EDUCATION, COMMON DATA SET (CDS) WHICH IS A SET OF STANDARDS AND DEFINITIONS AMONG THE HIGHER EDUCATION COMMUNITY & PUBLISHERS AS REPRESENTED BY THE COLLEGE BOARD, PETERSON'S, US NEWS & WORLD REPORT & THE WINTERGREEN ORCHARD HOUSE. X X X true true X X X X X false false false false false false false false false REV JEFFREY VON ARX SJ PRESIDENT 301480 0 0 0 0 0 30148 0 51307 0 382935 0 0 0 MARK REED SECRETARY 273096 0 0 0 0 0 21200 0 35191 0 329487 0 0 0 MICHAEL TRAFECANTE TREASURER 208626 0 0 0 0 0 0 0 10864 0 219490 0 0 0 KEVIN LAWLOR EXECUTIVE VICE PRESIDENT 345234 0 0 0 0 0 11716 0 35731 0 392681 0 0 0 LYNN BABINGTON PROVOST & SR VP ACADEMICS 238688 0 0 0 0 0 18693 0 27375 0 284756 0 0 0 THOMAS PELLEGRINO SR. VP FOR STUDENT AFFAIRS 184275 0 0 0 0 0 14859 0 32516 0 231650 0 0 0 EVELYN FRANCIS CHIEF INFORMATION OFFICER 182994 0 0 0 0 0 15059 0 33024 0 231077 0 0 0 WALTER HALAS VP, ADVANCEMENT 154841 0 0 0 0 0 11900 0 23418 0 190159 0 0 0 DONALD GIBSON DEAN, SCHOOL OF BUSINESS 201373 0 0 0 0 0 16529 0 33291 0 251193 0 0 0 SYDNEY JOHNSON HEAD MBB COACH 532252 0 0 0 0 0 20800 0 42439 0 595491 0 0 0 NORMAN SOLOMON PROFESSOR OF MANAGEMENT 209785 0 0 0 0 0 19629 0 27629 0 257043 0 0 GREGORY KOUTMOS PROFESSOR OF FINANCE 191969 0 0 0 0 0 16694 0 33142 0 241805 0 0 0 JOSEPH FRAGER HEAD WBB COACH 191216 0 0 0 0 0 15663 0 33813 0 240692 0 0 0 SCHEDULE J - PART I, LINE 1A: THE PRESIDENT RESIDES IN A HOUSE THAT WAS DONATED TO THE UNIVERSITY SPECIFICALLY FOR THE PRESIDENT'S USE. THE HOUSE IS USED EXTENSIVELY FOR UNIVERSITY EVENTS. THE PRESIDENT LIVES IN THE HOUSE FOR THE CONVENIENCE OF THE UNIVERSITY. CLEANING SERVICES ARE PROVIDED FOR THE HOUSE AS UNIVERSITY EVENTS ARE CONDUCTED THERE. THE HEAD COACH FOR MEN'S BASKETBALL RECEIVED MEMBERSHIP TO A CLUB FOR THE PURPOSE OF ENTERTAINING POTENTIAL DONORS TO THE ATHLETIC PROGRAMS. A CHEFA Fairfield University Series M 060806186 000020774 2008-04-10 39445697 Refund CHEFA Series K & Series L1 false false false B CHEFA Fairfield University Series N 060806186 20774UK87 2008-08-21 110773813 Refund CHEFA Series L1 & L2 false false false C CHEFA Fairfield University Series O 060806186 020774UW5 2010-03-17 73474749 Construction of various campus fac false false false D CHEFA Fairfield University Series P 060806186 20774UY41 2010-03-17 11573281 Current refunding of CHEFA Series false false false A 0 0 39445697 2959317 0 35904182 489667 0 0 0 35904182 0 2005 true false true true B 0 0 110773813 9940734 0 0 786405 0 0 0 100249158 0 2002 true false true true C 0 0 73474749 7127275 4732010 0 731405 0 0 61000000 0 0 2012 false false true true D 0 0 11573281 1066016 0 0 116497 0 0 0 10391034 0 true false true true A false false true false false 0.02230 0.02230 false false false false B false false true false false 0 false false false false C false false true false false 0.00080 0.00000 0.00080 false false false false D 0 A false false false true false false 0 false 0 false false B false false false true false false 0 false 0 false false C false false false true false false 0 false 0 false false D false false false true false false 0 false 0 false false A false B false C false D false PART III, LINE 3A THE UNIVERSITY HAS MANAGEMENT CONTRACTS THAT MEET THE INCIDENTAL USE EXCEPTION. PART III, LINE 3B THE UNIVERSITY RECENTLY ENGAGED OUTSIDE COUNSEL TO REVIEW ITS CONTRACTS ON DECEMBER 2015. PART IV, LINE 2C THE DATE OF MOST RECENT REBATE CALCULATION IS MARCH 2015. PART III, LINE 9, PART IV, LINE 7, AND PART V THE UNIVERSITY PLANS TO DRAFT WRITTEN PROCEDURES FOR THE NEXT TAX YEAR. X 4 37000 appraisal X 7464 Cost X 1 4050 Blue book value X 80 3636623 Market value X 1 4628 Manifest X Media coverage 1 12280 Market value 1 false false false FORM 990 - PART VI, SECTION B, LINE 11: IT IS THE POLICY OF FAIRFIELD UNIVERSITY THAT EACH VOTING MEMBER OF THE FINANCE AND AUDIT COMMITTEE OF THE BOARD OF TRUSTEES IS PRESENTED WITH A COPY OF THE COMPLETED IRS FORM 990 BEFORE IT IS FILED WITH THE IRS. FORM 990 IS REVIEWED AND APPROVED BY THE VICE PRESIDENT FOR FINANCE BEFORE IT IS FORWARDED TO THE BOARD. FORM 990 - PART VI, SECTION B, LINE 12C: MEMBERS OF THE BOARD OF TRUSTEES ARE ASKED TO SIGN A CONFLICT OF INTEREST STATEMENT. THE STATEMENT SHALL BE SIGNED ANNUALLY BY EACH BOARD MEMBER AS A CONDITION OF MEMBERSHIP ON THE BOARD OF TRUSTEES. EACH TRUSTEE IS EXPECTED TO DISCLOSE IN WRITING TO THE CHAIRMAN OF THE BOARD ALL SITUATIONS IN WHICH CONFLICTS MIGHT EXIST, OR APPEAR TO EXIST. NO TRUSTEE HAVING INTERESTS CONFLICTING WITH THE INTERESTS OF THE UNIVERSITY OR APPEARING SO SHALL TAKE PART IN THE DELIBERATIONS OR VOTES OF THE BOARD INVOLVING THE QUESTION CONCERNING THE CONFLICT NOR SEEK TO INFLUENCE THE OTHER TRUSTEES ON THAT QUESTION. FORM 990 - PART VI SECTION B, LINE 15 A AND B: THE REVIEW PROCESS INCLUDES ALL OF THESE ELEMENTS (1) REVIEW AND APPROVAL BY THE BOARD OF TRUSTEES -COMPENSATION IS REVIEWED AND APPROVED BY THE BOARD OF TRUSTEES OF FAIRFIELD UNIVERSITY, PROVIDED THAT PERSONS WITH CONFLICTS OF INTEREST WITH RESPECT TO THE COMPENSATION ARRANGEMENT AT ISSUE ARE NOT INVOLVED IN THIS REVIEW AND APPROVAL (2) USE OF DATA AS TO COMPARABLE COMPENSATION-THE COMPENSATION OF THE PERSON IS REVIEWED AND APPROVED USING DATA AS TO COMPARABLE COMPENSATION FOR SIMILARLY QUALIFIED PERSONS IN FUNCTIONALLY COMPARABLE POSITIONS AT SIMILARLY SITUATED UNIVERSITIES. THE FOLLOWING METHODS HAVE BEEN USED A. REVIEW BY AN INDEPENDENT THIRD PARTY; B. CONDUCT MARKET ASSESSMENT OF SALARIES; AND C. EVALUATE THE APPROPRIATENESS OF THE CURRENT SALARY STRUCTURE TO ENSURE THAT WE ARE AND REMAIN COMPETITIVE WITH THE MARKET, AS WELL AS REMAIN INTERNALLY EQUITABLE. (3) CONTEMPORANEOUS DOCUMENTATION AND RECORDKEEPING -THERE IS CONTEMPORANEOUS DOCUMENTATION AND RECORDKEEPING WITH RESPECT TO THE DELIBERATIONS AND DECISIONS REGARDING THE COMPENSATION ARRANGEMENT. COMPENSATION ARRANGEMENT. THE LAST TIME OF REVIEW WAS MARCH 2015 DURING THE BOARD MEETING. FORM 990 - PART VI, SECTION C, LINE 19: GOVERNING DOCUMENTS SUCH AS FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICY AND WHISTLEBLOWER POLICY ARE AVAILABLE ON THE UNIVERSITY'S WEBSITE AND ALSO BY REQUEST. FORM 990, PART XI, LINE 9: OTHER CHANGES IN NET ASSETS: CHANGE IN VALUE OF SPLIT INTEREST AGREEMENT $( 89,429)