FAIRFIELD UNIVERSITY: Form 990, tax year 2013
View the entire original 990 at ProPublica ↗
- Organization
- FAIRFIELD UNIVERSITY (EIN 06-0646623)
- Tax period
- 2013-07-01 to 2014-06-30
- Filed
- 2015-04-14
- IRS object ID
- 201511049349301251
- Schema version
- 2013v4.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule E
- Schedule F
- Schedule G
- Schedule I
- Schedule J
- Schedule K
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2015-04-14T15:29:56-05:00 | ReturnTs |
| Tax Period End | 2014-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Fairfield University | BusinessNameLine1 |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | North Benson Road | AddressLine1 |
| City | Fairfield | City |
| State | CT | State |
| ZIP Code | 06824 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2013-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 060646623 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Fairfield University | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | FAIR | BusinessNameControlTxt |
| Phone | 2032544000 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1073 North Benson Road | AddressLine1 |
| City | Fairfield | City |
| State | CT | State |
| ZIP Code | 068245195 | ZIPCode |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Michael Trafecante | PersonNm |
| Person Title | VP Finance and Treasurer | PersonTitleTxt |
| Phone | 2032544000 | PhoneNum |
| Signature | 2015-04-14 | SignatureDt |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2032544000 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2013 | TaxYr |
| Build TS | 2016-02-25 16:41:14Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | Rev Jeffrey P von Arx SJ | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1073 North Benson Rd | AddressLine1 |
| City | Fairfield | City |
| State | CT | State |
| ZIP Code | 06824 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $313,770,004 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | www.fairfield.edu | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1942 | FormationYr |
| Legal Domicile State | CT | LegalDomicileStateCd |
| Activity Or Mission | A coeducational institution whose primary objectives are to develop the creative intellectual potential of its students and to foster in them ethical and religious values and a sense of social responsibility. Jesuit Education is committed today to the service of faith, of which the promotion of justice is an absolute requirement. As a Catholic university it welcomes those of all beliefs and traditions who share its concerns for scholarship, justice, truth and freedom, and it values the diversity which their membership brings to the university community. | ActivityOrMissionDesc |
| Voting Members Governing Body | 36 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 35 | VotingMembersIndependentCnt |
| Total Employee | 2832 | TotalEmployeeCnt |
| Total Volunteers | 500 | TotalVolunteersCnt |
| Total Gross UBI | $1,541,359 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $27,325,752 | PYContributionsGrantsAmt |
| CY Contributions Grants | $29,129,565 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $222,286,211 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $230,524,561 | CYProgramServiceRevenueAmt |
| PY Investment Income | $15,068,257 | PYInvestmentIncomeAmt |
| CY Investment Income | $20,575,412 | CYInvestmentIncomeAmt |
| PY Other Revenue | $1,296,891 | PYOtherRevenueAmt |
| CY Other Revenue | $2,035,697 | CYOtherRevenueAmt |
| PY Total Revenue | $265,977,111 | PYTotalRevenueAmt |
| CY Total Revenue | $282,265,235 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $57,843,819 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $60,948,524 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $99,934,654 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $106,199,507 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $6,793,499 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $79,708,921 | PYOtherExpensesAmt |
| CY Other Expenses | $82,264,385 | CYOtherExpensesAmt |
| PY Total Expenses | $237,487,394 | PYTotalExpensesAmt |
| CY Total Expenses | $249,412,416 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $28,489,717 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $32,852,819 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $645,239,650 | TotalAssetsBOYAmt |
| Total Assets EOY | $702,865,090 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $255,864,916 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $256,961,805 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $389,374,734 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $445,903,285 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | 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. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $216,361,306 | ExpenseAmt |
| Grant | $60,948,524 | GrantAmt |
| Revenue | $230,524,561 | RevenueAmt |
| Desc | 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 academic year were 3,655 undergraduates and 605 graduate students with approximately 2,750 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 963 members of the Class of 2017 and 45 transfer students to campus this year. The number exceeded the budgeted goal of 950. The Class of 2017 is a strong class, with an average SAT score of 1759, slightly higher than that of the Class of 2016. The Class is also more diverse, with more students of color and international students enrolled than in the previous year. 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. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | RECOGNITION OF QUALITY AND VALUEFor the 24th consecutive year Fairfield ranked in the top 2% of its peer group. In surveys done by U.S. News and Work Report, Fairfield was the third highest University in the North Region. The University was also acclaimed for its "Strong Commitment to Undergraduate Teaching," high freshman retention rate (88% and six-year graduation rate (82%). 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 CollegesPrinceton Review's Top 379 collegesKiplinger's Personal Finance "35 Best College Values in New England"Bloomberg Businessweek's list of best undergraduate business schoolsAbroad 101 top four study abroad programs in the worldThe 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 (MAAC) 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. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | The Bannow Science complex has been reprogrammed to become the STEM (Science, Technology, Engineering and Math) core of the campus. The School of Engineering was relocated to Bannow which is in the center of campus and adjacent to the School of Nursing. Planning was also begun for a major expansion and renovation of the School of Nursing with the goal of improving the overall quality of the teaching spaces and creating larger high tech spaces along with "collaborative classrooms" where integrated teams may work together. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $216,361,306 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | Yes (1) | ConservationEasementsInd |
| Collections Of Art | Yes (1) | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Temp Or Permanent Endowments | Yes (1) | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (1) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | 0 | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (1) | SchoolOperatingInd |
| Foreign Office | Yes (1) | ForeignOfficeInd |
| Foreign Activities | Yes (1) | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | Yes (1) | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (1) | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | Yes (1) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBondsInd |
| Escrow Account | 0 | EscrowAccountInd |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuerInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | 0 | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | Yes (1) | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 781 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 2832 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Foreign Financial Account | Yes (1) | ForeignFinancialAccountInd |
| Foreign Country | IT | ForeignCountryCd |
| Foreign Country | UK | ForeignCountryCd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (1) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (1) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 36 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 35 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | CT | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Michael Trafecante | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2032544000 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1073 North Benson Rd | AddressLine1 |
| City | Fairfield | City |
| State | CT | State |
| ZIP Code | 06824 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part VII | Yes (X) | InfoInScheduleOPartVIIInd |
Form990 Part VII Section A Form990PartVIISectionAGrp (49 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Former Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd |
|---|---|---|---|---|---|---|---|---|---|
| Nancy A Altobello | |||||||||
| Trustee | 2.00 | Yes (X) | $0 | $0 | $0 | ||||
| Ceasar N Anquillare | |||||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| William L Atwell | |||||||||
| Trustee | 2.00 | Yes (X) | $0 | $0 | $0 | ||||
| Rev John F Baldovin SJ | |||||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| Rev Terrence A Baum SJ | |||||||||
| Trustee | 2.00 | Yes (X) | $0 | $0 | $0 | ||||
| Joseph R Bronson | |||||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| Kevin P Cannon | |||||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| Carlos M Cardoso | |||||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| Frank J Carroll III | |||||||||
| Trustee | 2.00 | Yes (X) | $0 | $0 | $0 | ||||
| Kevin M Conlisk | |||||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| Timothy J Conway | |||||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| William C Crager | |||||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| Sheila Kearney Davidson | |||||||||
| Trustee | 2.00 | Yes (X) | $0 | $0 | $0 | ||||
| Thomas A Franko | |||||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| Peter J Gillen | |||||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| Patricia E Glassford | |||||||||
| Trustee | 2.00 | Yes (X) | $0 | $0 | $0 | ||||
| Kelly Simon Hondru | |||||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| Brian P Hull | |||||||||
| Trustee | 2.00 | Yes (X) | $0 | $0 | $0 | ||||
| Paul J Huston | |||||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| Robin Kanarek | |||||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| Susan Robinson King | |||||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| Katherine N Lapp | |||||||||
| Trustee | 2.00 | Yes (X) | $0 | $0 | $0 | ||||
| Stephen M Lessing | |||||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| Bill McIntosh | |||||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| Andrew J McMahon | |||||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| John C Meditz | |||||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| Elner L Morrell | |||||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| Most Rev George V Murry SJ | |||||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| Gavin G O'Connor | |||||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| Biff J O'Reilly | |||||||||
| Trustee | 2.00 | Yes (X) | $0 | $0 | $0 | ||||
| Rev Stephen A Privett SJ | |||||||||
| Trustee | 2.00 | Yes (X) | $0 | $0 | $0 | ||||
| Christopher C Quick | |||||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| Rosellen W Schnurr | |||||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| Marianne Dolan Weber | |||||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| James D Wehr | |||||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| Rev Jeffrey P von Arx SJ | |||||||||
| President and Trustee | 45.00 | $300,000 | $0 | $79,400 | Yes (X) | ||||
| Mark C Reed | |||||||||
| Secretary | 45.00 | $261,176 | $0 | $53,978 | Yes (X) | ||||
| Julie Dolan | |||||||||
| Former Treasurer | 45.00 | $162,298 | $0 | $39,600 | Yes (X) | ||||
| Michael Trafecante | |||||||||
| Treasurer (Effective May 2014) | 45.00 | $0 | $0 | $0 | Yes (X) | ||||
| Rev Paul J Fitzgerald SJ | |||||||||
| Senior Vice President | 45.00 | $224,922 | $0 | $46,054 | Yes (X) | ||||
| Dr Robbin D Crabtree | |||||||||
| Dean, College of Arts & Sciences | 45.00 | $194,961 | $0 | $36,086 | Yes (X) | ||||
| Dr Donald E Gibson | |||||||||
| Dean, School of Business | 45.00 | $170,712 | $0 | $43,275 | Yes (X) | ||||
| Dr Thomas C Pellegrino | |||||||||
| Vice President | 45.00 | $174,389 | $0 | $50,606 | Yes (X) | ||||
| Dr Lynn M Babington | |||||||||
| Dean, School of Nursing | 45.00 | $180,752 | $0 | $43,100 | Yes (X) | ||||
| Evelyn P Francis | |||||||||
| Chief Information Officer | 45.00 | $185,187 | $0 | $46,935 | Yes (X) | ||||
| Sydney A Johnson | |||||||||
| Head Coach-Men's Basketball | 45.00 | $482,073 | $0 | $20,400 | Yes (X) | ||||
| Dr Gregory P Koutmos | |||||||||
| Professor of Finance | 45.00 | $185,832 | $0 | $51,032 | Yes (X) | ||||
| Joseph P Frager | |||||||||
| Head Coach-Womens Basketball | 45.00 | $184,212 | $0 | $50,379 | Yes (X) | ||||
| Stephanie B Frost | |||||||||
| Former Vice President | 45.00 | $181,131 | $0 | $41,357 | Yes (X) | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $2,887,645 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $602,202 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 166 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | Yes (1) | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1 | CityContractorAddress/USAddress/City | StateContractorAddress/USAddress/State | ZIP CodeContractorAddress/USAddress/ZIPCode | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| Sodexho Inc & Affiliates | |||||
| PO Box 352 | Buffalo | NY | 14240 | Dining Service | $9,197,747 |
| ABM Janitorial Sevives | |||||
| 551 Fifth Ave | New York | NY | 10176 | Custodial Service | $2,489,154 |
| Ellucian Company LP | |||||
| 4 Country View Rd | Malvern | PA | 19355 | IT Support Service | $2,177,029 |
| The Fairfield Jesuit Community | |||||
| Fairfield University | Fairfield | CT | 06824 | Admin & Teaching Services | $1,977,225 |
| Hess Corporation | |||||
| 1 Hess Plaza | Woodbridge | NJ | 07095 | Natural Gas Provider | $1,519,235 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 94 | CntrctRcvdGreaterThan100KCnt |
| Government Grants | $3,758,047 | GovernmentGrantsAmt |
| All Other Contributions | $25,371,518 | AllOtherContributionsAmt |
| Noncash Contributions | $3,768,372 | NoncashContributionsAmt |
| Total Contributions | $29,129,565 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| Tuition & Fees | 611600 | $190,841,397 | $190,841,397 |
| Auxiliary Services | 721000 | $36,567,318 | $36,567,318 |
| Other Program Services | 900099 | $3,115,846 | $3,115,846 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $230,524,561 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $2,233,274 | TotalRevenueColumnAmt |
| Exclusion | $2,233,274 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $49,704,999 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $31,362,861 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $18,342,138 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $18,342,138 | TotalRevenueColumnAmt |
| Exclusion | $18,342,138 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $350,153 | FundraisingGrossIncomeAmt |
| Fundraising Direct Expenses | $141,908 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $208,245 | TotalRevenueColumnAmt |
| Exclusion | $208,245 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt |
|---|---|---|---|---|
| Summer Conferences | 611710 | $1,059,226 | $142,539 | $916,687 |
| Miscellaneous Income | 611710 | $768,226 | $143,554 | $624,672 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $1,827,452 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $282,265,235 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $230,810,654 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $1,541,359 | UnrelatedBusinessRevenueAmt |
| Exclusion | $20,783,657 | ExclusionAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $60,948,524 | TotalAmt |
| Program Services | $60,948,524 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,669,210 | TotalAmt |
| Program Services | $1,045,736 | ProgramServicesAmt |
| Management And General | $523,474 | ManagementAndGeneralAmt |
| Fundraising | $100,000 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $75,138,017 | TotalAmt |
| Program Services | $62,248,872 | ProgramServicesAmt |
| Management And General | $9,202,493 | ManagementAndGeneralAmt |
| Fundraising | $3,686,652 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,740,338 | TotalAmt |
| Program Services | $4,005,985 | ProgramServicesAmt |
| Management And General | $505,571 | ManagementAndGeneralAmt |
| Fundraising | $228,782 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $19,403,221 | TotalAmt |
| Program Services | $13,349,422 | ProgramServicesAmt |
| Management And General | $5,237,500 | ManagementAndGeneralAmt |
| Fundraising | $816,299 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,248,721 | TotalAmt |
| Program Services | $4,368,941 | ProgramServicesAmt |
| Management And General | $621,780 | ManagementAndGeneralAmt |
| Fundraising | $258,000 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $520,379 | TotalAmt |
| Program Services | $16,591 | ProgramServicesAmt |
| Management And General | $502,972 | ManagementAndGeneralAmt |
| Fundraising | $816 | FundraisingAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $332,400 | TotalAmt |
| Program Services | $1,400 | ProgramServicesAmt |
| Management And General | $331,000 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $913,863 | TotalAmt |
| Program Services | $23,639 | ProgramServicesAmt |
| Management And General | $889,924 | ManagementAndGeneralAmt |
| Fundraising | $300 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,169,218 | TotalAmt |
| Program Services | $418,864 | ProgramServicesAmt |
| Management And General | $736,675 | ManagementAndGeneralAmt |
| Fundraising | $13,679 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,403,343 | TotalAmt |
| Program Services | $3,483,515 | ProgramServicesAmt |
| Management And General | $399,214 | ManagementAndGeneralAmt |
| Fundraising | $520,614 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,963,656 | TotalAmt |
| Program Services | $1,925,009 | ProgramServicesAmt |
| Management And General | $935,904 | ManagementAndGeneralAmt |
| Fundraising | $102,743 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,326,827 | TotalAmt |
| Program Services | $8,319,543 | ProgramServicesAmt |
| Management And General | $7,284 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,120,338 | TotalAmt |
| Program Services | $4,864,630 | ProgramServicesAmt |
| Management And General | $699,389 | ManagementAndGeneralAmt |
| Fundraising | $556,319 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $886,934 | TotalAmt |
| Program Services | $823,668 | ProgramServicesAmt |
| Management And General | $42,036 | ManagementAndGeneralAmt |
| Fundraising | $21,230 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,351,085 | TotalAmt |
| Program Services | $10,101,879 | ProgramServicesAmt |
| Management And General | $249,206 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $15,853,045 | TotalAmt |
| Program Services | $14,775,038 | ProgramServicesAmt |
| Management And General | $1,078,007 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,169,646 | TotalAmt |
| Program Services | $103,085 | ProgramServicesAmt |
| Management And General | $1,066,510 | ManagementAndGeneralAmt |
| Fundraising | $51 | FundraisingAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| Contracted Services | $11,601,980 | $11,055,637 | $467,193 | $79,150 |
| General Maintenance & E | $5,472,080 | $5,150,519 | $276,791 | $44,770 |
| Consultants/Honoraria | $4,067,277 | $1,847,505 | $1,892,423 | $327,349 |
| Library Acquisitions | $1,571,360 | $1,571,360 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,540,954 | TotalAmt |
| Program Services | $5,911,944 | ProgramServicesAmt |
| Management And General | $592,265 | ManagementAndGeneralAmt |
| Fundraising | $36,745 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $249,412,416 | TotalAmt |
| Program Services | $216,361,306 | ProgramServicesAmt |
| Management And General | $26,257,611 | ManagementAndGeneralAmt |
| Fundraising | $6,793,499 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $526,043 | BOYAmt |
| EOY | $607,094 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $37,810,235 | BOYAmt |
| EOY | $50,658,062 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $15,785,226 | BOYAmt |
| EOY | $22,673,140 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,608,849 | BOYAmt |
| EOY | $2,679,092 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $483,384,274 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $202,379,330 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $285,054,797 | BOYAmt |
| EOY | $281,004,944 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $220,830,176 | BOYAmt |
| EOY | $265,367,390 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $54,096,342 | BOYAmt |
| EOY | $51,039,008 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $28,527,982 | BOYAmt |
| EOY | $28,836,360 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $645,239,650 | BOYAmt |
| EOY | $702,865,090 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $24,488,422 | BOYAmt |
| EOY | $30,760,789 | EOYAmt |
Grants Payable GrantsPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,166,123 | BOYAmt |
| EOY | $2,180,400 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,894,270 | BOYAmt |
| EOY | $11,960,187 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $211,510,344 | BOYAmt |
| EOY | $205,817,091 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,712,105 | BOYAmt |
| EOY | $6,188,465 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $93,652 | BOYAmt |
| EOY | $54,873 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $255,864,916 | BOYAmt |
| EOY | $256,961,805 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $202,310,686 | BOYAmt |
| EOY | $225,404,198 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $60,205,832 | BOYAmt |
| EOY | $87,118,224 | EOYAmt |
Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $126,858,216 | BOYAmt |
| EOY | $133,380,863 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $389,374,734 | BOYAmt |
| EOY | $445,903,285 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $645,239,650 | BOYAmt |
| EOY | $702,865,090 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $32,852,819 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $24,102,110 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | -$426,378 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | Yes (1) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (1) | FederalGrantAuditPerformedInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org509a2 | Yes (X) | PubliclySupportedOrg509a2Ind |
Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $24,353,463 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $21,059,676 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $27,411,400 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $27,325,752 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $29,129,165 | CurrentTaxYearAmt |
| Total | $129,279,456 | TotalAmt |
Total509 Total509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $24,353,463 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $21,059,676 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $27,411,400 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $27,325,752 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $29,129,165 | CurrentTaxYearAmt |
| Total | $129,279,456 | TotalAmt |
Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Substantial Contributors Amt SubstantialContributorsAmtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total509 | $129,279,456 | PublicSupportTotal509Amt |
Total Support Calendar Year TotalSupportCalendarYearGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $24,353,463 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $21,059,676 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $27,411,400 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $27,325,752 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $29,129,165 | CurrentTaxYearAmt |
| Total | $129,279,456 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support CY509 | 1.00000 | PublicSupportCY509Pct |
| Investment Income CY | 0.00000 | InvestmentIncomeCYPct |
| Thirty Thr Pct Suprt Tests CY509 | Yes (X) | ThirtyThrPctSuprtTestsCY509Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Protection Natural Habitat | Yes (X) | ProtectionNaturalHabitatInd |
| Total Easements | 9 | TotalEasementsCnt |
| Total Acreage | 30.00 | TotalAcreageCnt |
| Historic Strctr Easements Aftr | 2 | HistoricStrctrEasementsAftrCnt |
| Modified Easements | 0 | ModifiedEasementsCnt |
| States Easements Held | 1 | StatesEasementsHeldCnt |
| Written Policy Monitoring | Yes (1) | WrittenPolicyMonitoringInd |
| Staff Hours Spent Enforcement | 65.00 | StaffHoursSpentEnforcementCnt |
| Expenses Incurred Enforcement | $40,000 | ExpensesIncurredEnforcementAmt |
| Section170h Rqr Stsfd | 0 | Section170hRqrStsfdInd |
| Collection Used Pub Exhibition | Yes (X) | CollectionUsedPubExhibitionInd |
| Coll Used Scholarly Rsrch | Yes (X) | CollUsedScholarlyRsrchInd |
| Collection Used Preservation | Yes (X) | CollectionUsedPreservationInd |
| Coll Used Loan Or Exch Prog | Yes (X) | CollUsedLoanOrExchProgInd |
| Solicited Assets Sale | 0 | SolicitedAssetsSaleInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $279,942,310 | BeginningYearBalanceAmt |
| Contributions | $5,975,887 | ContributionsAmt |
| Investment Earnings Or Losses | $46,138,721 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | -$3,449,456 | GrantsOrScholarshipsAmt |
| Other Expenditures | -$7,188,670 | OtherExpendituresAmt |
| End Year Balance | $321,418,792 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $256,129,303 | BeginningYearBalanceAmt |
| Contributions | $7,440,796 | ContributionsAmt |
| Investment Earnings Or Losses | $27,269,923 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | -$3,884,790 | GrantsOrScholarshipsAmt |
| Other Expenditures | -$7,012,922 | OtherExpendituresAmt |
| End Year Balance | $279,942,310 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $258,747,437 | BeginningYearBalanceAmt |
| Contributions | $14,963,728 | ContributionsAmt |
| Investment Earnings Or Losses | -$6,371,279 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | -$3,395,380 | GrantsOrScholarshipsAmt |
| Other Expenditures | -$7,815,203 | OtherExpendituresAmt |
| End Year Balance | $256,129,303 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $223,395,750 | BeginningYearBalanceAmt |
| Contributions | $3,930,822 | ContributionsAmt |
| Investment Earnings Or Losses | $42,769,642 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | -$3,160,570 | GrantsOrScholarshipsAmt |
| Other Expenditures | -$8,188,207 | OtherExpendituresAmt |
| End Year Balance | $258,747,437 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $203,162,188 | BeginningYearBalanceAmt |
| Contributions | $7,788,395 | ContributionsAmt |
| Investment Earnings Or Losses | $24,663,208 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | -$3,333,986 | GrantsOrScholarshipsAmt |
| Other Expenditures | -$8,884,055 | OtherExpendituresAmt |
| End Year Balance | $223,395,750 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.43000 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.41500 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.15500 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $6,393,749 | OtherCostOrOtherBasisAmt |
| Book Value | $6,393,749 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $409,950,099 | OtherCostOrOtherBasisAmt |
| Depreciation | $173,935,167 | DepreciationAmt |
| Book Value | $236,014,932 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $15,616,199 | OtherCostOrOtherBasisAmt |
| Depreciation | $6,625,700 | DepreciationAmt |
| Book Value | $8,990,499 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $51,424,227 | OtherCostOrOtherBasisAmt |
| Depreciation | $21,818,463 | DepreciationAmt |
| Book Value | $29,605,764 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $281,004,944 | TotalBookValueLandBuildingsAmt |
Closely Held Equity Interests CloselyHeldEquityInterestsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Book Value | $51,039,008 | BookValueAmt |
| Method Valuation | F | MethodValuationCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $51,039,008 | TotalBookValueSecuritiesAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Capital Leases | Desc |
| Amt | $54,873 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $54,873 | TotalLiabilityAmt |
| Total Rev Etc Audited Fincl Stmt | $306,367,345 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $24,102,110 | NetUnrealizedGainsInvstAmt |
| Revenue Not Reported | $24,102,110 | RevenueNotReportedAmt |
| Revenue Subtotal | $282,265,235 | RevenueSubtotalAmt |
| Revenue Not Reported Fincl Stmt | $0 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $282,265,235 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $249,412,416 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Not Reported | $0 | ExpensesNotReportedAmt |
| Expenses Subtotal | $249,412,416 | ExpensesSubtotalAmt |
| Expenses Not Rpt Fincl Stmt | $0 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $249,412,416 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part II, Line 9: | Part II Line 9: The University does not report conservation easements in its Financial Statements |
| Part III, Line 4: | 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 |
| 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 E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | Yes (1) | NondiscriminatoryPolicyStmtInd |
| Policy Stmt In Brochures Etc | Yes (1) | PolicyStmtInBrochuresEtcInd |
| Plcy Pblczd Via Broadcast Media | Yes (1) | PlcyPblczdViaBroadcastMediaInd |
| Maintain Racial Comp Recs | Yes (1) | MaintainRacialCompRecsInd |
| Maintain Scholarships Recs | Yes (1) | MaintainScholarshipsRecsInd |
| Maintain Cpy Of Brochures Etc | Yes (1) | MaintainCpyOfBrochuresEtcInd |
| Maintain Cpy Of All Sol | Yes (1) | MaintainCpyOfAllSolInd |
| Discriminate Race Stdnts Rghts | 0 | DiscriminateRaceStdntsRghtsInd |
| Discriminate Race Admiss Plcy | 0 | DiscriminateRaceAdmissPlcyInd |
| Discriminate Race Emplm Fculty | 0 | DiscriminateRaceEmplmFcultyInd |
| Discriminate Race Schs | 0 | DiscriminateRaceSchsInd |
| Discriminate Race Educ Plcy | 0 | DiscriminateRaceEducPlcyInd |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFcltsInd |
| Discriminate Race Athlt Prog | 0 | DiscriminateRaceAthltProgInd |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActyInd |
| Government Financial Aid Rcvd | Yes (1) | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | 0 | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (1) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule E, Part I, Line 3 | 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. |
| 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. |
Schedule F IRS990ScheduleF
Account Activities Outside US AccountActivitiesOutsideUSGrp (4 entries)
| RegionRegionTxt | OfficesOfficesCnt | EmployeeEmployeeCnt | Type Of Activities ConductedTypeOfActivitiesConductedTxt | Specific Services ProvidedSpecificServicesProvidedTxt | Region Total ExpendituresRegionTotalExpendituresAmt |
|---|---|---|---|---|---|
| Europe (Including Iceland & Greenland) | 1 | 2 | Program Services | Study Abroad Academic Programs | $4,954,097 |
| East Asia and the Pacific | 0 | 0 | Program Services | Study Abroad Academic Programs | $324,952 |
| Central America and the Caribbean | 0 | 0 | Program Services | Study Abroad Academic Programs | $62,693 |
| Sub-Saharan Africa | 0 | 0 | Program Services | Study Abroad Academic Programs | $85,703 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 1 | SubtotalOfficesCnt |
| Subtotal Employees | 2 | SubtotalEmployeesCnt |
| Continutation Total Office | 0 | ContinutationTotalOfficeCnt |
| Continutation Total Employee | 0 | ContinutationTotalEmployeeCnt |
| Total Office | 1 | TotalOfficeCnt |
| Total Employee | 2 | TotalEmployeeCnt |
| Subtotal Spent | $5,427,445 | SubtotalSpentAmt |
| Continuation Spent | $0 | ContinuationSpentAmt |
| Total Spent | $5,427,445 | TotalSpentAmt |
| Transfer To Foreign Corp | Yes (1) | TransferToForeignCorpInd |
| Interest In Foreign Trust | 0 | InterestInForeignTrustInd |
| Foreign Corp Ownership | 0 | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | Yes (1) | PassiveForeignInvestmestCoInd |
| Foreign Partnership | Yes (1) | ForeignPartnershipInd |
| Boycott Countries | 0 | BoycottCountriesInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part I, line 3: | FormAndLineReferenceDesc |
| Explanation | Accrual Method | ExplanationTxt |
Schedule G IRS990ScheduleG
| Field | Value | IRS element (for citing) |
|---|---|---|
| Mail Solicitations | Yes (X) | MailSolicitationsInd |
| Email Solicitations | Yes (X) | EmailSolicitationsInd |
| Phone Solicitations | Yes (X) | PhoneSolicitationsInd |
| In Person Solicitations | Yes (X) | InPersonSolicitationsInd |
| Solicitation Of Non Govt Grants | Yes (X) | SolicitationOfNonGovtGrantsInd |
| Special Fundraising Events | Yes (X) | SpecialFundraisingEventsInd |
| Agrmt Prof Fundraising Acty | 0 | AgrmtProfFundraisingActyInd |
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | Alumni Awards Dinner | NameOfEvent1Amt |
| Gross Receipts Event1 | $350,153 | GrossReceiptsEvent1Amt |
| Gross Revenue Event1 | $350,153 | GrossRevenueEvent1Amt |
| Other Direct Expenses Event1 | $141,908 | OtherDirectExpensesEvent1Amt |
| Gross Receipts Total | $350,153 | GrossReceiptsTotalAmt |
| Gross Revenue Total Events | $350,153 | GrossRevenueTotalEventsAmt |
| Oth Direct Expnss Total Events | $141,908 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $141,908 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | $208,245 | NetIncomeSummaryAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (5 entries)
| Grant TypeGrantTypeTxt | RecipientRecipientCnt | Cash GrantCashGrantAmt |
|---|---|---|
| Institutional Scholarships | 5279 | $47,655,532 |
| Athletic Scholarships | 288 | $6,218,407 |
| State and Federal Grants | 490 | $1,312,770 |
| Prep School Financial Aid | 245 | $2,224,570 |
| Other Financial Aid | 485 | $3,537,244 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part I, Line 2: | FormAndLineReferenceDesc |
| Explanation | 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 elegibility 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, U.S. News & World Report & the Wintergreen Orchard House. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Housing Allowance Or Residence | Yes (X) | HousingAllowanceOrResidenceInd |
| Club Dues Or Fees | Yes (X) | ClubDuesOrFeesInd |
| Personal Services | Yes (X) | PersonalServicesInd |
| Written Policy Ref T And E Expnss | Yes (1) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (13 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Rev Jeffrey P von Arx SJ | ||||||||||||||
| President and Trustee | $300,000 | $0 | $0 | $0 | $0 | $0 | $26,750 | $0 | $52,650 | $0 | $379,400 | $0 | $27,000 | $0 |
| Mark C Reed | ||||||||||||||
| Secretary | $261,176 | $0 | $0 | $0 | $0 | $0 | $20,400 | $0 | $33,578 | $0 | $315,154 | $0 | $17,692 | $0 |
| Julie Dolan | ||||||||||||||
| Former Treasurer | $162,298 | $0 | $0 | $0 | $0 | $0 | $13,106 | $0 | $26,494 | $0 | $201,898 | $0 | $20,000 | $0 |
| Rev Paul J Fitzgerald SJ | ||||||||||||||
| Senior Vice President | $224,922 | $0 | $0 | $0 | $0 | $0 | $17,993 | $0 | $28,061 | $0 | $270,976 | $0 | $19,859 | $0 |
| Dr Robbin D Crabtree | ||||||||||||||
| Dean, College of Arts & Sciences | $194,961 | $0 | $0 | $0 | $0 | $0 | $15,738 | $0 | $20,348 | $0 | $231,047 | $0 | $18,051 | $0 |
| Dr Donald E Gibson | ||||||||||||||
| Dean, School of Business | $170,712 | $0 | $0 | $0 | $0 | $0 | $13,864 | $0 | $29,411 | $0 | $213,987 | $0 | $14,976 | $0 |
| Dr Thomas C Pellegrino | ||||||||||||||
| Vice President | $174,389 | $0 | $0 | $0 | $0 | $0 | $14,280 | $0 | $36,326 | $0 | $224,995 | $0 | $0 | $0 |
| Dr Lynn M Babington | ||||||||||||||
| Dean, School of Nursing | $180,752 | $0 | $0 | $0 | $0 | $0 | $14,544 | $0 | $28,556 | $0 | $223,852 | $0 | $0 | $0 |
| Evelyn P Francis | ||||||||||||||
| Chief Information Officer | $185,187 | $0 | $0 | $0 | $0 | $0 | $14,193 | $0 | $32,742 | $0 | $232,122 | $0 | $0 | $0 |
| Sydney A Johnson | ||||||||||||||
| Head Coach-Men's Basketball | $482,073 | $0 | $0 | $0 | $0 | $0 | $20,400 | $0 | $0 | $0 | $502,473 | $0 | $20,000 | $0 |
| Dr Gregory P Koutmos | ||||||||||||||
| Professor of Finance | $185,832 | $0 | $0 | $0 | $0 | $0 | $16,191 | $0 | $34,841 | $0 | $236,864 | $0 | $17,276 | $0 |
| Joseph P Frager | ||||||||||||||
| Head Coach-Womens Basketball | $184,212 | $0 | $0 | $0 | $0 | $0 | $14,880 | $0 | $35,499 | $0 | $234,591 | $0 | $14,473 | $0 |
| Stephanie B Frost | ||||||||||||||
| Former Vice President | $181,131 | $0 | $0 | $0 | $0 | $0 | $13,300 | $0 | $28,057 | $0 | $222,488 | $0 | $20,000 | $0 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part I, Line 1a | FormAndLineReferenceDesc |
| Explanation | 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. The Head Coach for men's basketball received membership to a club for the purpose of entertaining potential donors to the Athletic programs. | ExplanationTxt |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (4 entries)
| Bond ReferenceBondReferenceCd | Bond Issuer EINBondIssuerEIN | CUSIPCUSIPNum | Bond IssuedBondIssuedDt | Issue PriceIssuePriceAmt | PurposePurposeDesc | DefeasedDefeasedInd | On Behalf Of IssuerOnBehalfOfIssuerInd | Pool FinancingPoolFinancingInd |
|---|---|---|---|---|---|---|---|---|
| CHEFA Fairfield University Series M | ||||||||
| A | 060806186 | 20774UVX0 | 2008-04-10 | $39,445,697 | Refund CHEFA Series K and Series L1 Second Tranche | 0 | 0 | 0 |
| CHEFA Fairfield University Series N | ||||||||
| B | 060806186 | 20774UK87 | 2008-08-21 | $110,773,813 | Refund CHEFA Series L1 and L2 | 0 | 0 | 0 |
| CHEFA Fairfield University Series O | ||||||||
| C | 060806186 | 20774UW50 | 2010-03-17 | $73,474,749 | Construction of Various Campus Facilities | 0 | 0 | 0 |
| CHEFA Fairfield University Series P | ||||||||
| D | 060806186 | 20774UY41 | 2010-03-17 | $11,573,281 | Current Refunding of CHEFA Series H | 0 | 0 | 0 |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (4 entries)
| Bond ReferenceBondReferenceCd | Total ProceedsTotalProceedsAmt | In Reserve FundInReserveFundAmt | Refunding EscrowRefundingEscrowAmt | Issuance Costs From ProceedsIssuanceCostsFromProceedsAmt | Current RefundingCurrentRefundingInd | Advance RefundingAdvanceRefundingInd | Final Allocation MadeFinalAllocationMadeInd | Adequate Books And Rec MaintAdequateBooksAndRecMaintInd | Other Spent ProceedsOtherSpentProceedsAmt | Capitalized InterestCapitalizedInterestAmt | Capital ExpendituresCapitalExpendituresAmt | Substantial CompletionSubstantialCompletionYr |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| A | $39,445,697 | $3,051,849 | $35,904,182 | $489,666 | Yes (1) | 0 | Yes (1) | Yes (1) | ||||
| B | $110,773,813 | $9,938,250 | $96,694,158 | $786,405 | Yes (1) | 0 | Yes (1) | Yes (1) | $3,355,000 | |||
| C | $73,474,749 | $7,011,334 | $731,405 | 0 | 0 | Yes (1) | Yes (1) | $4,732,010 | $61,000,000 | 2012 | ||
| D | $11,573,281 | $1,065,750 | $10,391,034 | $116,497 | Yes (1) | 0 | Yes (1) | Yes (1) |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (4 entries)
| Bond ReferenceBondReferenceCd | Owning Bond Financed PropertyOwningBondFinancedPropertyInd | Any Lease ArrangementsAnyLeaseArrangementsInd | Mgmt Contract Bond Fincd PropMgmtContractBondFincdPropInd | Any Research AgreementsAnyResearchAgreementsInd | Private Bus Use By OthersPrivateBusUseByOthersPct | Total Private Business UseTotalPrivateBusinessUsePct | Bond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestInd | Change In Use Bond Financed PropChangeInUseBondFinancedPropInd | Procs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd |
|---|---|---|---|---|---|---|---|---|---|
| A | 0 | 0 | 0 | 0 | 0.03000 | 0.03000 | 0 | 0 | 0 |
| B | 0 | 0 | 0 | 0 | 0.03000 | 0.03000 | 0 | 0 | 0 |
| C | 0 | 0 | 0 | 0 | 0.03000 | 0.03000 | 0 | 0 | 0 |
| D | 0 | 0 | 0 | 0 | 0.03000 | 0.03000 | 0 | 0 | 0 |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (4 entries)
| Bond ReferenceBondReferenceCd | Form8038 T FiledForm8038TFiledInd | Rebate Not Due YetRebateNotDueYetInd | Exception To RebateExceptionToRebateInd | No Rebate DueNoRebateDueInd | Variable Rate IssueVariableRateIssueInd | Hedge Identified In Bks And RecHedgeIdentifiedInBksAndRecInd | Gross Proceeds Invested In GICGrossProceedsInvestedInGICInd | Gross Proceeds InvestedGrossProceedsInvestedInd | Written Proc To Monitor ReqsWrittenProcToMonitorReqsInd |
|---|---|---|---|---|---|---|---|---|---|
| A | 0 | Yes (1) | 0 | 0 | 0 | 0 | 0 | 0 | Yes (1) |
| B | 0 | Yes (1) | 0 | 0 | 0 | 0 | 0 | 0 | Yes (1) |
| C | 0 | Yes (1) | 0 | 0 | 0 | 0 | 0 | 0 | Yes (1) |
| D | 0 | Yes (1) | 0 | 0 | 0 | 0 | 0 | 0 | Yes (1) |
Procedures Corrective Action ProceduresCorrectiveActionGrp (4 entries)
| Bond ReferenceBondReferenceCd | Procedures Corrective ActionProceduresCorrectiveActionInd |
|---|---|
| A | 0 |
| B | 0 |
| C | 0 |
| D | 0 |
Schedule M IRS990ScheduleM
Works Of Art WorksOfArtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 8 | ContributionCnt |
| Noncash Contributions Rpt F990 | $139,100 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | Market Value | MethodOfDeterminingRevenuesTxt |
Clothing And Household Goods ClothingAndHouseholdGoodsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Noncash Contributions Rpt F990 | $350 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | Actual Cost | MethodOfDeterminingRevenuesTxt |
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 67 | ContributionCnt |
| Noncash Contributions Rpt F990 | $3,614,832 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | Market Value | MethodOfDeterminingRevenuesTxt |
Other Non Cash Contri Table OtherNonCashContriTableGrp (3 entries)
| Non Cash CheckboxNonCashCheckboxInd | DescDesc | ContributionContributionCnt | Noncash Contributions Rpt F990NoncashContributionsRptF990Amt | Method Of Determining RevenuesMethodOfDeterminingRevenuesTxt |
|---|---|---|---|---|
| Yes (X) | Sport Events | 15 | $7,975 | Actual Cost |
| Yes (X) | Golf Fees | 8 | $5,115 | Actual Cost |
| Yes (X) | Media Coverag | 4 | $1,000 | Market Value |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8283 Received | 1 | Form8283ReceivedCnt |
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | 0 | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | Yes (1) | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part I, Line 32b: | FormAndLineReferenceDesc |
| Explanation | The University uses the services of a securities broker to sell contributions of publicly traded securities. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, Part VI, Section B, line 11 | a) It is the policy of Fairfield University that each voting member of the Board of Trustees is presented with a copy of the completed IRS Form 990 before it is filed with the IRS. b) The Form 990 is sent electronically to each Trustee. c) Form 990 (Return of Organization Exempt from Income Tax) is reviewed and approved by the Vice President for Finance before it is forwarded to the Board. d) Form 990 is reviewed by the Finance and Audit Committee before it is filed with the IRS. e) A Board resolution is not required in order for the Form 990 to be filed. |
| 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 conflict nor seek to influence the other Trustees on that question. |
| Form 990, Part VI, Section B, line 15 | The process includes all of these elements: (1) Review and approval by the Board of Trustees; (2) Use of data as to comparable compensation; and (3) Contemporaneous documentation and recordkeeping. 1. Review and approval: The 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 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. |
| 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 |
| Part VII, Section A | Michael Trafecante, Treasurer had no reported income in Calendar Year 2013 as he began his employment in 2014. |
| Form 990, Part XI, line 9: | Net Asset Reclassifications -356,656. Change in Value Split Interest Agreements -69,722. |