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DREW UNIVERSITY: Form 990, tax year 2010

View the entire original 990 at ProPublica ↗

Organization
DREW UNIVERSITY (EIN 22-1487164)
Tax period
2010-07-01 to 2011-06-30
Filed
2012-05-15
IRS object ID
201201369349301910
Schema version
2010v3.7
Source
Download XML · Original 990 at ProPublica

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

Return header ReturnHeader

FieldValueIRS element (for citing)
Timestamp2012-05-15T08:59:11-04:00Timestamp
Tax Period End Date2011-06-30TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

FieldValueIRS element (for citing)
Business Name Line1KPMG LLPBusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

FieldValueIRS element (for citing)
Address Line1345 Park AvenueAddressLine1
CityNew YorkCity
StateNYState
ZIP Code101540102ZIPCode
FieldValueIRS element (for citing)
Return Type990ReturnType
Tax Period Begin Date2010-07-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN221487164EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1DREW UNIVERSITYBusinessNameLine1
FieldValueIRS element (for citing)
Name ControlDREWNameControl
Phone9734083501Phone

US Address USAddress

FieldValueIRS element (for citing)
Address Line136 MADISON AVENUEAddressLine1
CityMADISONCity
StateNJState
ZIP Code07940ZIPCode

Officer Officer

FieldValueIRS element (for citing)
NameHOWARD BUXBAUMName
TitleVP FINANCE & BUSINESS AFFAIRSTitle
Phone9734083501Phone
Date Signed2012-05-14DateSigned
Authorize Third PartytrueAuthorizeThirdParty

Preparer Preparer

FieldValueIRS element (for citing)
NameKPMG LLPName
Phone2127589700Phone
FieldValueIRS element (for citing)
Tax Year2010TaxYear
Build TS2016-02-24 21:20:13ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Name Of Principal Officer PersonROBERT WEISBUCH PRESIDENTNameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

FieldValueIRS element (for citing)
Address Line136 MADISON AVENUEAddressLine1
CityMADISONCity
StateNJState
ZIP Code07940ZIPCode
FieldValueIRS element (for citing)
Gross Receipts184760688GrossReceipts
Group Return For AffiliatesfalseGroupReturnForAffiliates
Organization501c3XOrganization501c3
Web SiteWWW.DREW.EDUWebSite
Type Of Organization CorporationXTypeOfOrganizationCorporation
Year Formation1868YearFormation
State Legal DomicileNJStateLegalDomicile
Activity Or Mission DescriptionTHE UNIVERSITY OFFERS GRADUATE AND UNDERGRADUATE STUDIES AND IS COMPRISED OF THE COLLEGE OF LIBERAL ARTS, THE THEOLOGICAL SCHOOL, AND THE CASPERSEN SCHOOL OF GRADUATE STUDIES.ActivityOrMissionDescription
Nbr Voting Members Governing Body43NbrVotingMembersGoverningBody
Nbr Independent Voting Members39NbrIndependentVotingMembers
Total Nbr Employees1984TotalNbrEmployees
Total Nbr Volunteers39TotalNbrVolunteers
Total Gross UBI205461TotalGrossUBI
Net Unrelated Business Txbl Income0NetUnrelatedBusinessTxblIncome
Contributions Grants Prior Year14221033ContributionsGrantsPriorYear
Contributions Grants Current Year15190553ContributionsGrantsCurrentYear
Program Service Revenue Prior Year92526029ProgramServiceRevenuePriorYear
Program Service Revenue CY97846363ProgramServiceRevenueCY
Investment Income Prior Year33060600InvestmentIncomePriorYear
Investment Income Current Year17079854InvestmentIncomeCurrentYear
Other Revenue Prior Year1486022OtherRevenuePriorYear
Other Revenue Current Year1561620OtherRevenueCurrentYear
Total Revenue Prior Year141293684TotalRevenuePriorYear
Total Revenue Current Year131678390TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year31575918GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY34425015GrantsAndSimilarAmntsCY
Benefits Paid To Members Prior Year0BenefitsPaidToMembersPriorYear
Benefits Paid To Members CY0BenefitsPaidToMembersCY
Salaries Etc Prior Year45575006SalariesEtcPriorYear
Salaries Etc Current Year49789597SalariesEtcCurrentYear
Total Prof Fundrsng Exp Prior Year0TotalProfFundrsngExpPriorYear
Total Prof Fundrsng Exp CY0TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year3787434TotalFundrsngExpCurrentYear
Other Expense Prior Year38358860OtherExpensePriorYear
Other Expenses Current Year40002650OtherExpensesCurrentYear
Total Expenses Prior Year115509784TotalExpensesPriorYear
Total Expenses Current Year124217262TotalExpensesCurrentYear
Revenues Less Expenses Prior Year25783900RevenuesLessExpensesPriorYear
Revenues Less Expenses CY7461128RevenuesLessExpensesCY
Total Assets BOY350472000TotalAssetsBOY
Total Assets EOY386536771TotalAssetsEOY
Total Liabilities BOY106769000TotalLiabilitiesBOY
Total Liabilities EOY111671433TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY243703000NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY274865338NetAssetsOrFundBalancesEOY
Info In Schedule O Part IIIXInfoInScheduleOPartIII
Mission DescriptionDREW UNIVERSITY'S HIGHEST PRIORITY IS EXCELLENCE IN LIBERAL EDUCATION IN A CHANGING WORLD ENVIRONMENT. THIS PRIORITY GUIDES THE PLANNING, IMPLEMENTATION, AND EVALUATION OF THE PROGRAMS AND ACTIVITIES OF THE UNIVERSITY. FOR MORE INFORMATION, SEE SCHEDULE O.MissionDescription
Significant New Program ServicesfalseSignificantNewProgramServices
Significant ChangefalseSignificantChange
Expense56647378Expense
Grants28477726Grants
Revenue69532876Revenue
DescriptionTHE DREW UNIVERSITY COLLEGE OF LIBERAL ARTS AFFIRMS A COMMITMENT TO ITS FOUNDING VISION: TO OFFER ITS STUDENTS A LIBERAL ARTS EDUCATION OF THE HIGHEST QUALITY. THROUGH A RIGOROUS COURSE OF STUDY, THE COLLEGE CHALLENGES STUDENTS TO EXPLORE THE ARTS, NATURAL SCIENCES, SOCIAL SCIENCES, HUMANITIES, AND INTERDISCIPLINARY FIELDS IN DEPTH AND TO DEVELOP THEIR CAPACITIES FOR CRITICAL THOUGH, PROBLEM SOLVING, EFFECTIVE COMMUNICATION, CREATIVITY, SELF DISCIPLINE AND EMPATHY. AS THE COLLEGE PREPARES STUDENTS FOR ACADEMIC AND PROFESSIONAL ACHIEVEMENT, IT PROVIDES THEM WITH ESSENTIAL SKILLS FOR LIVING AND CONTINUING TO LEARN AND TO GROW IN AN INCREASINGLY DIVERSE AND COMPLEX WORLD.Description

Activity2 Activity2

FieldValueIRS element (for citing)
Expense9873628Expense
Grants3800132Grants
Revenue5454033Revenue
DescriptionDREW THEOLOGICAL SCHOOL - DREW THEOLOGICAL SCHOOL EMPOWERS LEADERSHIP FOR A GLOBAL CHRISTIANITY OF JUSTICE, ECUMENISM, AND THE INTEGRITY OF CREATION. ITS PASTORAL, SPIRITUAL, AND CONCEPTUAL DISCIPLINES GROW WITHIN AN INTIMATE LITURGICAL AND COMMUNAL CONTEXT, ONE THAT SUSTAINS MULTIPLE RELATIONS OF DIFFERENCE. THROUGH ITS PARTICULAR HISTORICAL COMMITMENTS TO AFRICAN, ASIAN, AFRICAN-AMERICAN, HISPANIC AND WOMEN'S MINISTRIES, THE THEOLOGICAL SCHOOL REMAINS FAITHFULLY ROOTED IN ITS METHODIST HERITAGE. FOR MORE INFORMATION, SEE SCHEDULE O.Description

Activity3 Activity3

FieldValueIRS element (for citing)
Expense4734587Expense
Grants2147157Grants
Revenue4234626Revenue
DescriptionTHE CASPERSEN SCHOOL OF GRADUATE STUDIES - THE CASPERSEN SCHOOL OF GRADUATE STUDIES WAS FOUNDED ON THE PRINCIPLE OF THE IMPORTANCE OF INTERDISCIPLINARY STUDY IN THE HUMANITIES. THE GOAL OF THE SCHOOL'S FOUNDERS WAS TO FOSTER BROADLY EDUCATED PEOPLE WHO HAVE EXPERTISE IN A FIELD OF THOUGHT BUT WHO ARE ALSO FAMILIAR WITH AND ARTICULATE IN A RANGE OF HUMANISTIC STUDIES. FOR MORE INFORMATION, SEE SCHEDULE O.Description
FieldValueIRS element (for citing)
Total Of Other Program Service Exp33589239TotalOfOtherProgramServiceExp
Total Of Other Program Service Rev18539237TotalOfOtherProgramServiceRev
Total Program Service Expense104844832TotalProgramServiceExpense
Described In501 C3trueDescribedIn501C3
Schedule B RequiredtrueScheduleBRequired
Political ActivitiesfalsePoliticalActivities
Lobbying ActivitiestrueLobbyingActivities
Donor Advised FundsfalseDonorAdvisedFunds
Conservation EasementsfalseConservationEasements
Collections Of ArtfalseCollectionsOfArt
Credit CounselingfalseCreditCounseling
Term Or Permanent EndowmentstrueTermOrPermanentEndowments
Report Land Bldg EquiptrueReportLandBldgEquip
Report Invest Oth SecuritiestrueReportInvestOthSecurities
Report Prog Rel InvestfalseReportProgRelInvest
Report Other AssetsfalseReportOtherAssets
Report Other LiabilitiestrueReportOtherLiabilities
Report Fin48 FootnotetrueReportFin48Footnote
Independent Audit Financial StmtfalseIndependentAuditFinancialStmt
Consolidated Audit Financial StmttrueConsolidatedAuditFinancialStmt
SchooltrueSchool
Foreign OfficefalseForeignOffice
Foreign ActivitiestrueForeignActivities
More Than5000 K To OrganizationsfalseMoreThan5000KToOrganizations
More Than5000 K To IndividualsfalseMoreThan5000KToIndividuals
Professional FundraisingfalseProfessionalFundraising
Fundraising ActivitiestrueFundraisingActivities
GamingfalseGaming
HospitalfalseHospital
Grants To OrganizationsfalseGrantsToOrganizations
Grants To IndividualstrueGrantsToIndividuals
Schedule J RequiredtrueScheduleJRequired
Tax Exempt BondstrueTaxExemptBonds
Invest Tax Exempt BondsfalseInvestTaxExemptBonds
Escrow AccountfalseEscrowAccount
On Behalf Of IssuerfalseOnBehalfOfIssuer
Excess Benefit TransactionfalseExcessBenefitTransaction
Prior Excess Benefit TransactionfalsePriorExcessBenefitTransaction
Loan To Officer Or DQPfalseLoanToOfficerOrDQP
Grant To Related PersonfalseGrantToRelatedPerson
Bsnss Rltnshp With OrganizationfalseBsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family MembertrueBsnssRltnshpThruFamilyMember
Officer Entity With Bsnss RltnshptrueOfficerEntityWithBsnssRltnshp
Deductible Non Cash ContributionstrueDeductibleNonCashContributions
Deductible Contributions Of ArtfalseDeductibleContributionsOfArt
TerminatedfalseTerminated
Partial LiquidationfalsePartialLiquidation
Disregarded EntityfalseDisregardedEntity
Related EntitytrueRelatedEntity
Related Org Controlled EntitytrueRelatedOrgControlledEntity
Transaction Related EntitytrueTransactionRelatedEntity
Transfers To Exempt Non Chrtbl OrgtrueTransfersToExemptNonChrtblOrg
Activities Conducted PartnershipfalseActivitiesConductedPartnership
Schedule O RequiredtrueScheduleORequired
Number Forms Transmitted With1096387NumberFormsTransmittedWith1096
Number W2 G Included0NumberW2GIncluded
Compliance With Backup WitholdingtrueComplianceWithBackupWitholding
Number Of Employees1984NumberOfEmployees
Employment Tax Returns FiledtrueEmploymentTaxReturnsFiled
Unrelated Business IncometrueUnrelatedBusinessIncome
Form990-T FiledtrueForm990-TFiled
Foreign Financial AccounttrueForeignFinancialAccount
Name Of Foreign CountryCJNameOfForeignCountry
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTrans
Taxable Party NotificationfalseTaxablePartyNotification
Non Deductible ContributionsfalseNonDeductibleContributions
Quid Pro Quo ContributionstrueQuidProQuoContributions
Quid Pro Quo DisclosuretrueQuidProQuoDisclosure
Form8282 Property Disposed OffalseForm8282PropertyDisposedOf
Funds To Pay PremiumsfalseFundsToPayPremiums
Premiums PaidfalsePremiumsPaid
Indoor Tanning ServicesfalseIndoorTanningServices
Info In Schedule O Part VIXInfoInScheduleOPartVI
Nbr Voting Governing Body Members43NbrVotingGoverningBodyMembers
Number Independent Voting Members39NumberIndependentVotingMembers
Family Or Business RelationshipfalseFamilyOrBusinessRelationship
Delegation Of Management DutiesfalseDelegationOfManagementDuties
Changes To Organizing DocsfalseChangesToOrganizingDocs
Material Diversion Or MisusefalseMaterialDiversionOrMisuse
Members Or StockholdersfalseMembersOrStockholders
Election Of Board MembersfalseElectionOfBoardMembers
Decisions Subject To ApprovalfalseDecisionsSubjectToApproval
Minutes Of Governing BodytrueMinutesOfGoverningBody
Minutes Of CommitteestrueMinutesOfCommittees
Officer Mailing AddressfalseOfficerMailingAddress
Local ChaptersfalseLocalChapters
Form990 Provided To Governing BodytrueForm990ProvidedToGoverningBody
Conflict Of Interest PolicytrueConflictOfInterestPolicy
Annual Disclosure Covered PersonstrueAnnualDisclosureCoveredPersons
Regular Monitoring EnforcementtrueRegularMonitoringEnforcement
Whistleblower PolicytrueWhistleblowerPolicy
Document Retention PolicytrueDocumentRetentionPolicy
Compensation Process CEOtrueCompensationProcessCEO
Compensation Process OthertrueCompensationProcessOther
Investment In Joint VenturefalseInvestmentInJointVenture
Upon RequestXUponRequest

The Books Are In Care Of TheBooksAreInCareOf

FieldValueIRS element (for citing)
Name PersonHOWARD BUXBAUMNamePerson
Telephone Number9734083501TelephoneNumber

Address US AddressUS

FieldValueIRS element (for citing)
Address Line136 MADISON AVENUEAddressLine1
CityMADISONCity
StateNJState
ZIP Code07940ZIPCode
FieldValueIRS element (for citing)
Info In Schedule O Part VIIXInfoInScheduleOPartVII

Form990 Part VII Section A Form990PartVIISectionA (61 entries)

TitleTitleAverage Hours Per WeekAverageHoursPerWeekIndividual Trustee Or DirectorIndividualTrusteeOrDirectorReportable Comp From OrganizationReportableCompFromOrganizationReportable Comp From Related OrgsReportableCompFromRelatedOrgsOther CompensationOtherCompensationOfficerOfficerHighest Compensated EmployeeHighestCompensatedEmployee
JOSEPH BENEDUCCI JR
TRUSTEE1.0X000
ROBERT BURKE
TRUSTEE EFFECTIVE 05/20111.0X000
MARILYN CALLANDER
TRUSTEE1.0X000
JUDITH E CAMPBELL
TRUSTEE1.0X000
FRANK J CARNABUCI III
TRUSTEE1.0X000
WILLIAM E CLARK
TRUSTEE1.0X000
C RORY CORRIGAN
TRUSTEE1.0X000
JOHN H CRAWFORD III
CHAIRMAN1.0X000X
DEAN T CRIARES
TRUSTEE1.0X000
HUGH A D'ANDRADE
SECRETARY1.0X000X
SUDARSHANA DEVADHAR
TRUSTEE1.0X000
DEREK M DI RISIO
TRUSTEE1.0X000
DONALD L DRAKEMAN
TRUSTEE1.0X000
D STUART DUNNAN
TRUSTEE1.0X000
LOUIS ECCLESTON
TRUSTEE1.0X000
ROBERT EDGAR
TRUSTEE1.0X000
JOHN A EHINGER
TRUSTEE1.0X000
EMILIA A FABRICANT
TRUSTEE1.0X000
MICHELE E FABRIZIO
TRUSTEE1.0X000
GAYLE E FITZPATRICK
TRUSTEE1.0X000
WILLIAM M FREEMAN
VICE CHAIRMAN1.0X000X
FREDRICK FUEST
TRUSTEE1.0X000
JORDAN M GLATT
TRUSTEE1.0X000
GATES H HAWN
TRUSTEE1.0X000
WILLIAM R HUFF
TRUSTEE1.0X000
PEGGY A JOHNSON
TRUSTEE1.0X000
WILLIAM T KNOX
TRUSTEE1.0X000
WILLIAM W LANDIS III
TRUSTEE1.0X000
HWAIN C LEE
TRUSTEE1.0X000
KEVIN H MARINO
TRUSTEE1.0X000
BETSY S MICHEL
TRUSTEE1.0X000
EDWARD MOED
TRUSTEE1.0X000
JEFFREY B NOSS
TRUSTEE1.0X000
LAURA OVERDECK
TRUSTEE1.0X000
JEREMIAH J PARK
TRUSTEE1.0X000
JANE RAINIS
TRUSTEE EFFECTIVE 05/20111.0X000
SUZANNE MERTZ SPERO
TRUSTEE1.0X000
GARY S STEIN
TRUSTEE1.0X000
MARVIN J SUOMI
TRUSTEE1.0X000
STEVEN A TASHER
TRUSTEE1.0X000
JENNIFER VELEZ
TRUSTEE1.0X000
PAULINE WARDELL-SANKOH
TRUSTEE EFFECTIVE 05/20111.0X000
ROBERT WEISBUCH
PRESIDENT35.0X3963190105536X
PAMELA GUNTER-SMITH
PROVOST35.0187578074422X
HOWARD BUXBAUM
VP OF FINANCE35.0197866034928X
MARGARET HOWARD
VP OF ADMINISTRATION35.0222958020643X
RONALD ROSS
DEAN OF CONT EDUCATION35.0145971024381X
JONATHAN LEVIN
DEAN OF COL OF LIBERAL ARTS35.0151834081519X
MAXINE BEACH
DEAN OF THEOLOGICAL SCHOOL35.0120102014908X
ALYSSA MCCLOUD
DEAN OF ADMISSIONS35.0222715021485X
ANDREW SCRIMGEOUR
DEAN OF LIBRARIES35.0124467026460X
DAVID MUHA
CHIEF COMMUNICATION OFFICER35.0118426015911X
CARLOS YORDAN
SPECIAL ASSIST TO PRESIDENT35.09011205722X
SARA WALDRON
DEAN OF STUDENTS35.0111062010491X
RICHARD GREENWALD
DEAN OF GRADUATE STUDIES35.0128862010000X
CHRISTOPHER BIEHN
VP OF DEVELOPMENT35.0207831034957X
CHRISTOPHER VAN WYK
ASSOCIATE VP FINANCE35.0159317028926X
JOSEPH KELLY
ASSOC VP FINANCE/TREASURER35.0157565035091X
SAAD IBRAHIM
VISITING SCHOLAR35.015212307954X
ALAN CANDIOTTI
ASST VP TECHNOLOGY/PROFESSOR35.0143949021102X
ROSS DANIS
ASSOCIATE DEAN OF EDUCATION35.014575000X
FieldValueIRS element (for citing)
Total Reportable Comp From Org3184807TotalReportableCompFromOrg
Total Reportable Comp Frm Rltd Orgs0TotalReportableCompFrmRltdOrgs
Total Other Compensation574436TotalOtherCompensation
Number Individuals GT100 K57NumberIndividualsGT100K
Formers ListedfalseFormersListed
Total Comp GT150 KtrueTotalCompGT150K
Compensation From Other SourcesfalseCompensationFromOtherSources

Contractor Compensation ContractorCompensation (5 entries)

Address Line1AddressOfContractor/AddressUS/AddressLine1CityAddressOfContractor/AddressUS/CityStateAddressOfContractor/AddressUS/StateZIP CodeAddressOfContractor/AddressUS/ZIPCodeDescription Of ServicesDescriptionOfServicesCompensationCompensation
ARAMARK CORPORATION
C/O DREW UNIVERSITY36 MADISON AVENMADISONNJ07940CONTRACTOR-FOOD6471599
LEEGIS GROUP INC
2333 US HIGHWAY 22UNIONNJ070808518CONTRACTOR-CONSTRUCT1746357
A-L SERVICES INC
669 LITTLETON RDPO BOX 6391PARSIPPANYNJ07054CONTRACTOR-MAINTENAN1032705
HARVARD MAINTENANCE LLC
570 SEVENTH AVENEW YORKNY10018CONTRACTOR-MAINTENAN943229
STRATA INFORMATION GROUP
3935 HARNEY ST STE 203SAN DIEGOCA92110CONTRACTOR-CONSULTAN892320
FieldValueIRS element (for citing)
Number Of Contractors GT100 K37NumberOfContractorsGT100K
Fundraising Events111665FundraisingEvents
Government Grants1809242GovernmentGrants
All Other Contributions13269646AllOtherContributions
Noncash Contributions1023723NoncashContributions
Total Contributions15190553TotalContributions

Program Service Revenue ProgramServiceRevenue (3 entries)

DescriptionDescriptionBusiness CodeBusinessCodeTotal Revenue ColumnTotalRevenueColumnRelated Or Exempt Function IncomeRelatedOrExemptFunctionIncomeUnrelated Business RevenueUnrelatedBusinessRevenue
TUITION & FEES9000997922101579221015
AUXILIARY INCOME531110185931981850760785591
SUMMER APPLICATION & LAB FEES9000993215032150
FieldValueIRS element (for citing)
Total Program Service Revenue97846363TotalProgramServiceRevenue

Investment Income InvestmentIncome

FieldValueIRS element (for citing)
Total Revenue Column13177802TotalRevenueColumn
Unrelated Business Revenue119870UnrelatedBusinessRevenue
Exclusion$13,057,932ExclusionAmount

Income From Invest Bond Proceeds IncomeFromInvestBondProceeds

FieldValueIRS element (for citing)
Total Revenue Column0TotalRevenueColumn

Royalties Revenue RoyaltiesRevenue

FieldValueIRS element (for citing)
Total Revenue Column0TotalRevenueColumn

Gross Amount Sales Assets GrossAmountSalesAssets

FieldValueIRS element (for citing)
Securities54948965Securities
Other1917230Other

Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses

FieldValueIRS element (for citing)
Securities52820056Securities
Other144087Other

Gain Or Loss GainOrLoss

FieldValueIRS element (for citing)
Securities2128909Securities
Other1773143Other

Net Gain Or Loss Investments NetGainOrLossInvestments

FieldValueIRS element (for citing)
Total Revenue Column3902052TotalRevenueColumn
Exclusion$3,902,052ExclusionAmount
FieldValueIRS element (for citing)
Gross Income Fundraising Events80292GrossIncomeFundraisingEvents
Cntrbtns Rprtd Fundraising Events111665CntrbtnsRprtdFundraisingEvents
Fundraising Direct Expenses118155FundraisingDirectExpenses

Net Income From Fundraising Events NetIncomeFromFundraisingEvents

FieldValueIRS element (for citing)
Total Revenue Column-37863TotalRevenueColumn
Exclusion-$37,863ExclusionAmount

Net Income From Gaming NetIncomeFromGaming

FieldValueIRS element (for citing)
Total Revenue Column0TotalRevenueColumn

Net Income Or Loss NetIncomeOrLoss

FieldValueIRS element (for citing)
Total Revenue Column0TotalRevenueColumn

Other Revenue Misc OtherRevenueMisc (3 entries)

DescriptionDescriptionBusiness CodeBusinessCodeTotal Revenue ColumnTotalRevenueColumnExclusionExclusionAmount
VEHICLE REGISTRATION FEES900099176934$176,934
SHAKESPEARE INCOME900099116020$116,020
METHODIST REVENUE900099160792$160,792

Miscellaneous Revenue MiscellaneousRevenue

FieldValueIRS element (for citing)
Total Revenue Column1145737TotalRevenueColumn
Exclusion$1,145,737ExclusionAmount
FieldValueIRS element (for citing)
Total Other Revenue1599483TotalOtherRevenue

Total Revenue TotalRevenue

FieldValueIRS element (for citing)
Total Revenue Column131678390TotalRevenueColumn
Related Or Exempt Function Income97760772RelatedOrExemptFunctionIncome
Unrelated Business Revenue205461UnrelatedBusinessRevenue
Exclusion$18,521,604ExclusionAmount

Grants To Domestic Orgs GrantsToDomesticOrgs

FieldValueIRS element (for citing)
Total0Total

Grants To Domestic Individuals GrantsToDomesticIndividuals

FieldValueIRS element (for citing)
Total34425015Total
Program Services34425015ProgramServices

Foreign Grants ForeignGrants

FieldValueIRS element (for citing)
Total0Total

Benefits To Members BenefitsToMembers

FieldValueIRS element (for citing)
Total0Total

Comp Current Officers Directors CompCurrentOfficersDirectors

FieldValueIRS element (for citing)
Total2471087Total
Program Services921703ProgramServices
Management And General1195800ManagementAndGeneral
Fundraising353584Fundraising

Comp Disqual Persons CompDisqualPersons

FieldValueIRS element (for citing)
Total118975Total
Management And General118975ManagementAndGeneral

Other Salaries And Wages OtherSalariesAndWages

FieldValueIRS element (for citing)
Total36529632Total
Program Services28740920ProgramServices
Management And General6025638ManagementAndGeneral
Fundraising1763074Fundraising

Pension Plan Contributions PensionPlanContributions

FieldValueIRS element (for citing)
Total2376608Total
Program Services1853989ProgramServices
Management And General392884ManagementAndGeneral
Fundraising129735Fundraising

Other Employee Benefits OtherEmployeeBenefits

FieldValueIRS element (for citing)
Total5606791Total
Program Services4373852ProgramServices
Management And General926875ManagementAndGeneral
Fundraising306064Fundraising

Payroll Taxes PayrollTaxes

FieldValueIRS element (for citing)
Total2686504Total
Program Services2095739ProgramServices
Management And General444114ManagementAndGeneral
Fundraising146651Fundraising

Fees For Services Management FeesForServicesManagement

FieldValueIRS element (for citing)
Total0Total

Fees For Services Legal FeesForServicesLegal

FieldValueIRS element (for citing)
Total171229Total
Program Services379ProgramServices
Management And General170850ManagementAndGeneral

Fees For Services Accounting FeesForServicesAccounting

FieldValueIRS element (for citing)
Total246612Total
Management And General246612ManagementAndGeneral

Fees For Services Lobbying FeesForServicesLobbying

FieldValueIRS element (for citing)
Total93235Total
Program Services17459ProgramServices
Management And General66012ManagementAndGeneral
Fundraising9764Fundraising

Fees For Services Prof Fundraising FeesForServicesProfFundraising

FieldValueIRS element (for citing)
Total0Total

Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees

FieldValueIRS element (for citing)
Total0Total

Fees For Services Other FeesForServicesOther

FieldValueIRS element (for citing)
Total986926Total
Program Services184809ProgramServices
Management And General698757ManagementAndGeneral
Fundraising103360Fundraising

Advertising Advertising

FieldValueIRS element (for citing)
Total0Total

Office Expenses OfficeExpenses

FieldValueIRS element (for citing)
Total1152937Total
Program Services510025ProgramServices
Management And General453980ManagementAndGeneral
Fundraising188932Fundraising

Information Technology InformationTechnology

FieldValueIRS element (for citing)
Total1832136Total
Program Services1692371ProgramServices
Management And General108780ManagementAndGeneral
Fundraising30985Fundraising

Royalties Royalties

FieldValueIRS element (for citing)
Total0Total

Occupancy Occupancy

FieldValueIRS element (for citing)
Total10341349Total
Program Services9094457ProgramServices
Management And General1246762ManagementAndGeneral
Fundraising130Fundraising

Travel Travel

FieldValueIRS element (for citing)
Total1323830Total
Program Services1099190ProgramServices
Management And General72079ManagementAndGeneral
Fundraising152561Fundraising

Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials

FieldValueIRS element (for citing)
Total0Total

Conferences Meetings ConferencesMeetings

FieldValueIRS element (for citing)
Total923248Total
Program Services556797ProgramServices
Management And General108920ManagementAndGeneral
Fundraising257531Fundraising

Interest Interest

FieldValueIRS element (for citing)
Total2882819Total
Program Services2882819ProgramServices

Payments To Affiliates PaymentsToAffiliates

FieldValueIRS element (for citing)
Total0Total

Depreciation Depletion DepreciationDepletion

FieldValueIRS element (for citing)
Total8134992Total
Program Services7669987ProgramServices
Management And General394885ManagementAndGeneral
Fundraising70120Fundraising

Insurance Insurance

FieldValueIRS element (for citing)
Total651469Total
Program Services22060ProgramServices
Management And General629409ManagementAndGeneral

Other Expenses OtherExpenses (5 entries)

DescriptionDescriptionTotalTotalProgram ServicesProgramServicesManagement And GeneralManagementAndGeneralFundraisingFundraising
FOOD EXPENSE304012930387151414
SUPPLIES9875008253179497667207
LIBRARY MATERIALS971429971429
EQUIPMENT RENTAL & MAINTENANCE73975919167153351714571
OTHER552305136761291653757193165

Total Functional Expenses TotalFunctionalExpenses

FieldValueIRS element (for citing)
Total124217262Total
Program Services104844832ProgramServices
Management And General15584996ManagementAndGeneral
Fundraising3787434Fundraising

Cash Non Interest Bearing CashNonInterestBearing

FieldValueIRS element (for citing)
BOY1021000BOY
EOY1658486EOY

Savings And Temp Cash Investments SavingsAndTempCashInvestments

FieldValueIRS element (for citing)
BOY6337000BOY
EOY6917000EOY

Pledges And Grants Receivable PledgesAndGrantsReceivable

FieldValueIRS element (for citing)
BOY7551000BOY
EOY9302000EOY

Accounts Receivable AccountsReceivable

FieldValueIRS element (for citing)
BOY2668000BOY
EOY1960000EOY

Other Notes Loans Receivable Net OtherNotesLoansReceivableNet

FieldValueIRS element (for citing)
BOY4037000BOY
EOY3879000EOY

Inventories For Sale Or Use InventoriesForSaleOrUse

FieldValueIRS element (for citing)
BOY345000BOY
EOY203000EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

FieldValueIRS element (for citing)
BOY1714000BOY
EOY1703000EOY
FieldValueIRS element (for citing)
Land Buildings Equipment Basis254714062LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec106567000LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

FieldValueIRS element (for citing)
BOY146659000BOY
EOY148147062EOY

Investments Pub Traded Securities InvestmentsPubTradedSecurities

FieldValueIRS element (for citing)
BOY95653000BOY
EOY109912000EOY

Investments Other Securities InvestmentsOtherSecurities

FieldValueIRS element (for citing)
BOY83767000BOY
EOY101752000EOY

Other Assets Total OtherAssetsTotal

FieldValueIRS element (for citing)
BOY720000BOY
EOY1103223EOY

Total Assets TotalAssets

FieldValueIRS element (for citing)
BOY350472000BOY
EOY386536771EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

FieldValueIRS element (for citing)
BOY6065000BOY
EOY8282908EOY

Deferred Revenue DeferredRevenue

FieldValueIRS element (for citing)
BOY7217000BOY
EOY6578813EOY

Tax Exempt Bond Liabilities TaxExemptBondLiabilities

FieldValueIRS element (for citing)
BOY68397000BOY
EOY72188000EOY

Other Liabilities OtherLiabilities

FieldValueIRS element (for citing)
BOY25090000BOY
EOY24621712EOY

Total Liabilities TotalLiabilities

FieldValueIRS element (for citing)
BOY106769000BOY
EOY111671433EOY
FieldValueIRS element (for citing)
Follow SFAS117XFollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

FieldValueIRS element (for citing)
BOY75957000BOY
EOY83459338EOY

Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets

FieldValueIRS element (for citing)
BOY85301000BOY
EOY103653000EOY

Permanently Restricted Net Assets PermanentlyRestrictedNetAssets

FieldValueIRS element (for citing)
BOY82445000BOY
EOY87753000EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY243703000BOY
EOY274865338EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY350472000BOY
EOY386536771EOY
FieldValueIRS element (for citing)
Info In Schedule O Part XIXInfoInScheduleOPartXI
Reconcilation Revenue Expenses7461128ReconcilationRevenueExpenses
Reconcilation Other Changes23701210ReconcilationOtherChanges
Method Of Accounting AccrualXMethodOfAccountingAccrual
Accountant Compile Or ReviewfalseAccountantCompileOrReview
FS AuditedtrueFSAudited
Audit CommitteetrueAuditCommittee
Financial Statement ConsolidatedXFinancialStatementConsolidated
Federal Grant Audit RequiredtrueFederalGrantAuditRequired
Federal Grant Audit PerformedtrueFederalGrantAuditPerformed

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
School170b1 AiiXSchool170b1Aii

Schedule B IRS990ScheduleB

Contributor Info ContributorInfo

FieldValueIRS element (for citing)
Contributor NumberRESTRICTEDContributorNumber

Contributor Name Business ContributorNameBusiness

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor Address US ContributorAddressUS

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Aggregate ContributionsRESTRICTEDAggregateContributions

Schedule C IRS990ScheduleC

FieldValueIRS element (for citing)
Total Grassroots LobbyingTotalGrassrootsLobbying
Total Direct LobbyingTotalDirectLobbying
Total Lobbying ExpendituresTotalLobbyingExpenditures
Other Exempt Purpose ExpendituresOtherExemptPurposeExpenditures
Total Exempt Purpose ExpendituresTotalExemptPurposeExpenditures
Lobbying NontaxableLobbyingNontaxableAmount
Grassroots NontaxableGrassrootsNontaxableAmount
Tot Lobbying Grassroot Minus Non TxTotLobbyingGrassrootMinusNonTx
Tot Lobby Expend Mns Lobbying NontxTotLobbyExpendMnsLobbyingNontx
VolunteersfalseVolunteers
Paid Staff Or ManagementfalsePaidStaffOrManagement
Media AdvertisementsfalseMediaAdvertisements
Mailings MembersfalseMailingsMembers
Publications Or BroadcastfalsePublicationsOrBroadcast
Grants Other OrganizationsfalseGrantsOtherOrganizations
Direct Contact LegislatorsfalseDirectContactLegislators
Rallies DemonstrationsfalseRalliesDemonstrations
Other ActivitiestrueOtherActivities
Other Activities$93,235OtherActivitiesAmount
Total Lobbying Expenditures IIB93235TotalLobbyingExpendituresIIB
Not Described In501c3falseNotDescribedIn501c3

Form990 Schedule C Part IV Form990ScheduleCPartIV

FieldValueIRS element (for citing)
IdentifierOTHER LOBBYING ACTIVITIESIdentifier
Return ReferenceSCHEDULE C PART II-B LINE 1IReturnReference
ExplanationWINNING STRATEGIES WASHINGTON WORKS ON BEHALF OF DREW UNIVERSITY TO ADVOCATE AND ADVANCE FUNDING AND POLICY FIXES FROM THEIR INCEPTION TO CONCLUSION THROUGH THE LEGISLATIVE, APPROPRIATIONS AND REGULATORY PROCESSES. SPECIFICALLY, IT HAS A STRONG UNDERSTANDING OF WHAT STRATEGIES WORK BEST IN GAINING THE INTEREST AND SUPPORT OF MEMBERS OF CONGRESS, ESPECIALLY WITH REGARD TO WORKING EFFECTIVELY WITH MEMBERS OF THE NEW JERSEY DELEGATION ON BEHALF OF THE UNIVERSITY. IN ADDITION, THE UNIVERSITY IS A MEMBER OF AND PAYS ANNUAL DUES TO THE FOLLOWING CONSORTIUM GROUPS: THE ASSOCIATION OF INDEPENDENT COLLEGES AND UNIVERSITIES IN NEW JERSEY (AICUNJ) AND THE NATIONAL ASSOCIATION OF INDEPENDENT COLLEGES AND UNIVERSITIES (NAICU). THE UNIVERSITIES WORK TOGETHER WITH THESE GROUPS TO MAKE AN IMPACT ON COMMON IDEAS/GOALS, ESPECIALLY WITH GOVERNMENT. EACH YEAR, THE GROUPS LOBBY FOR AN INCREASE OR AT LEAST A STABILIZATION OF GOVERNMENT FUNDS FOR STUDENT AID AND OTHER ISSUES IN WHICH DREW UNIVERSITY IS VERY INTERESTED. THE UNIVERSITY'S GOAL IS TO SECURE AS MUCH FUNDING AS POSSIBLE TO ASSIST IN THE MISSION.Explanation

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Art Public Exhibition AmtsArtPublicExhibitionAmts
Held Works Of Art AmtsHeldWorksOfArtAmts

Current Year CurrentYear

FieldValueIRS element (for citing)
Beginning Of Year Balance169483000BeginningOfYearBalance
Contributions4353000Contributions
Investment Earnings Or Losses32741000InvestmentEarningsOrLosses
Grants Or Scholarships12649000GrantsOrScholarships
End Of Year Balance193928000EndOfYearBalance

Current Year Minus1 Year CurrentYearMinus1Year

FieldValueIRS element (for citing)
Beginning Of Year Balance160633000BeginningOfYearBalance
Contributions713000Contributions
Investment Earnings Or Losses21829000InvestmentEarningsOrLosses
Grants Or Scholarships13692000GrantsOrScholarships
End Of Year Balance169483000EndOfYearBalance

Current Year Minus2 Years CurrentYearMinus2Years

FieldValueIRS element (for citing)
Beginning Of Year Balance221297000BeginningOfYearBalance
Contributions1967000Contributions
Investment Earnings Or Losses-48518000InvestmentEarningsOrLosses
Grants Or Scholarships14113000GrantsOrScholarships
End Of Year Balance160633000EndOfYearBalance
FieldValueIRS element (for citing)
Board Designated EOY Balance0.25200BoardDesignatedEOYBalance
Permanent Endowment EOY Balance0.35900PermanentEndowmentEOYBalance
Term Endowment EOY Balance0.38900TermEndowmentEOYBalance
Endowments Held By Unrelated OrgsfalseEndowmentsHeldByUnrelatedOrgs
Endowments Held By Related OrgsfalseEndowmentsHeldByRelatedOrgs

Land Land

FieldValueIRS element (for citing)
Other Cost Or Other Basis11117000OtherCostOrOtherBasis
Book Value11117000BookValue

Buildings Buildings

FieldValueIRS element (for citing)
Other Cost Or Other Basis207954000OtherCostOrOtherBasis
Depreciation90974000Depreciation
Book Value116980000BookValue
FieldValueIRS element (for citing)
Leasehold ImprovementsLeaseholdImprovements

Equipment Equipment

FieldValueIRS element (for citing)
Other Cost Or Other Basis21645000OtherCostOrOtherBasis
Depreciation9469000Depreciation
Book Value12176000BookValue

Other Land Buildings OtherLandBuildings

FieldValueIRS element (for citing)
Other Cost Or Other Basis13998000OtherCostOrOtherBasis
Depreciation6124000Depreciation
Book Value7874000BookValue
FieldValueIRS element (for citing)
Total Of Book Value Land Buildings148147000TotalOfBookValueLandBuildings
Financial DerivativesFinancialDerivatives
Closely Held Equity InterestsCloselyHeldEquityInterests

Other Securities OtherSecurities (4 entries)

DescriptionDescriptionBook ValueBookValueMethod Of ValuationMethodOfValuation
ALTERNATIVE INVESTMENTS75103000F
PARTIES15621000F
POOLED INCOME FUNDS8034000F
BOND PROCEEDS HELD BY TRUSTEES2994000F
FieldValueIRS element (for citing)
Total Of Book Value Securities101752000TotalOfBookValueSecurities
Federal Income Tax Liability0FederalIncomeTaxLiability

Other Liabilities OtherLiabilities (6 entries)

DescriptionDescriptionAmountAmount
STUDENT SECURITY DEPOSITS$1,783,712
ANNUITY LIABILITY$1,866,000
ASSET RETIREMENT OBLIGATIONS$5,401,000
POSTRETIREMENT BENEFITS$11,771,000
FEDERAL STUDENT LOAN FUNDS$2,228,000
OBLIGATIONS UNDER CAPITAL LEAS$1,572,000
FieldValueIRS element (for citing)
Total Of Amounts24621712TotalOfAmounts

Form990 Schedule D Part XIV Form990ScheduleDPartXIV (2 entries)

IdentifierIdentifierReturn ReferenceReturnReferenceExplanationExplanation
INTENDED USES OF ENDOWMENT FUNDSSCHEDULE D, PART V, LINE 4THE INTENDED USE OF DREW UNIVERSITY ENDOWMENT FUNDS IS PRINCIPALLY TO ACCOMPLISH THE FOLLOWING. ENDOWMENT FUNDS ARE TO BE HELD IN PERPETUITY AND TO PROVIDE FOR THE GENERATION OF INVESTMENT INCOME THROUGH STRATEGIC INVESTING AS APPROVED BY THE BOARD OF TRUSTEES INVESTMENT COMMITTEE. THIS INVESTMENT INCOME IS USED TO PROVIDE SUPPORT OF THE UNIVERSITY'S EDUCATION MISSION STATEMENT AS DESCRIBED ON PAGE TWO, PART III OF FORM 990, COMMENSURATE WITH THE DONOR AND BOARD SPECIFIC INSTRUCTIONS ON HOW THE FUNDS ARE TO BE USED.
FIN 48SCHEDULE D, PART XDREW UNIVERSITY AND IT WHOLLY OWNED SUBSIDIARY, UHP, ARE EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. CBCA IS EXEMPT UNDER THE NEW JERSEY NONPROFIT CORPORATION ACT, TITLE 15A OF THE NEW JERSEY STATUS ANNOTATED. ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN REFLECTED IN THE ACCOMPANYING CONSOLIDATED FINANCIAL STATEMENTS.

Schedule E IRS990ScheduleE

FieldValueIRS element (for citing)
Nondiscriminatory Policy StmttrueNondiscriminatoryPolicyStmt
Policy Statement In Brochures EtctruePolicyStatementInBrochuresEtc
Policy Publ Via Broadcast MediatruePolicyPublViaBroadcastMedia
Maint Racial Composition RecordstrueMaintRacialCompositionRecords
Maint Scholarships RecordstrueMaintScholarshipsRecords
Maint Copies Of Brochures EtctrueMaintCopiesOfBrochuresEtc
Maint Copies Of All SolicitationstrueMaintCopiesOfAllSolicitations
Discriminate Race Students RightsfalseDiscriminateRaceStudentsRights
Discriminate Race Admiss PoliciesfalseDiscriminateRaceAdmissPolicies
Discriminate Race Emplmn FacultyfalseDiscriminateRaceEmplmnFaculty
Discriminate Race ScholarshipsfalseDiscriminateRaceScholarships
Discriminate Race Educ PoliciesfalseDiscriminateRaceEducPolicies
Discriminate Race Use Of FcltsfalseDiscriminateRaceUseOfFclts
Discriminate Race Athletic ProgfalseDiscriminateRaceAthleticProg
Discriminate Race Other ActyfalseDiscriminateRaceOtherActy
Government Financial Aid ReceivedtrueGovernmentFinancialAidReceived
Government Financial Aid RevokedfalseGovernmentFinancialAidRevoked

Form990 Schedule E Part II Form990ScheduleEPartII

FieldValueIRS element (for citing)
IdentifierRACIAL NONDISCRIMINATORY POLICYIdentifier
Return ReferenceFORM 990, SCHEDULE E, QUESTION 3ReturnReference
ExplanationTHE UNIVERSITY HAS PUBLICIZED ITS NON-DISCRIMINATORY POLICY THOUGH RECRUITING MATERIALS SENT TO STUDENTS. THE UNIVERSITY'S AFFIRMATIVE ACTION/EEO POLICY IS AS FOLLOWS: DREW UNIVERSITY IS COMMITTED TO SEEKING ACADEMIC EXCELLENCE WHILE STRIVING CONTINUOUSLY TO BE A WELCOMING, DIVERSE, AND SOCIALLY JUST CAMPUS. WE ASPIRE TO PROVIDE AN EDUCATION THAT IN CONTENT SCOPE AND PEDAGOGY EMBRACES DIFFERENCE AND PROMOTES RESPECT THAT EXTENDS BEYOND THE CLASSROOM TO ALL UNIVERSITY SPACES AND TO LOCAL AND GLOBAL COMMUNITIES. DIVERSITY ENCOMPASSES MULTIPLE DIMENSIONS, INCLUDING, BUT NOT LIMITED TO, RACE, CULTURE, NATIONALITY, ETHNICITY, GEOGRAPHIC ORIGIN, CLASS, SEXUAL ORIENTATION, GENDER, DISABILITIES, AGE AND RELIGION. OUR INTENT IS TO ACHIEVE A LEARNING ENVIRONMENT IN WHICH STUDENTS, FACULTY, AND STAFF UNDERSTAND THE CHALLENGES, ACCOMPLISHMENTS, AND PERSPECTIVES OF VARIOUS GROUPS OF PEOPLE, THUS GAINING A FULLER UNDERSTANDING OF THEMSELVES AS WELL AS HOW TO ENGAGE IN CONVERSATION SPANNING DIFFERENCES AND COMMONALITIES. ACHIEVING THIS VISION IS A FUNDAMENTAL COMMITMENT CRITICAL TO DREW UNIVERSITY'S MISSION AS AN INSTITUTION OF HIGHER LEARNING.Explanation

Schedule F IRS990ScheduleF

Accts Actvs Out US Table AcctsActvsOutUSTable

FieldValueIRS element (for citing)
RegionCentral America and the CaribbeanRegion
Number Of Offices0NumberOfOffices
Number Of Employees0NumberOfEmployees
Type Of Activities ConductedInvestmentsTypeOfActivitiesConducted
Total Expenditures40240747TotalExpenditures
FieldValueIRS element (for citing)
Subtotal Number Of Offices0SubtotalNumberOfOffices
Subtotal Number Of Employees0SubtotalNumberOfEmployees
Total Number Of Offices0TotalNumberOfOffices
Total Number Of Employees0TotalNumberOfEmployees
Subtotal Amount Spent40240747SubtotalAmountSpent
Total Amount Spent40240747TotalAmountSpent
Transfer To Foreign CorptrueTransferToForeignCorp
Interest In Foreign TrustfalseInterestInForeignTrust
Own Foreign CorptrueOwnForeignCorp
Passive Foreign Invest CotruePassiveForeignInvestCo
Foreign PartnershiptrueForeignPartnership
Boycott CountriestrueBoycottCountries

Schedule G IRS990ScheduleG

Events Information EventsInformation

FieldValueIRS element (for citing)
Name Of Event1GOLF TOURNAMENTNameOfEvent1
Gross Receipts Event1116760GrossReceiptsEvent1
Charitable Contributions Event184560CharitableContributionsEvent1
Gross Revenue Event132200GrossRevenueEvent1
Cash Prizes Event1620CashPrizesEvent1
Non Cash Prizes Event117658NonCashPrizesEvent1
Rent Facility Costs Event147063RentFacilityCostsEvent1
Food And Beverage Event122168FoodAndBeverageEvent1
Other Direct Expenses Event14856OtherDirectExpensesEvent1
Name Of Event2DINNERNameOfEvent2
Gross Receipts Event262800GrossReceiptsEvent2
Charitable Contributions Event225275CharitableContributionsEvent2
Gross Revenue Event237525GrossRevenueEvent2
Non Cash Prizes Event2650NonCashPrizesEvent2
Rent Facility Costs Event2543RentFacilityCostsEvent2
Food And Beverage Event210104FoodAndBeverageEvent2
Entertainment Event2254EntertainmentEvent2
Other Direct Expenses Event25786OtherDirectExpensesEvent2
Total Number Of Other Events1TotalNumberOfOtherEvents
Gross Receipts Other Events12397GrossReceiptsOtherEvents
Charitable Contrib Other Events1830CharitableContribOtherEvents
Gross Revenue Other Events10567GrossRevenueOtherEvents
Rent Facility Costs Other Events500RentFacilityCostsOtherEvents
Food And Beverage Other Events2153FoodAndBeverageOtherEvents
Entertainment Other Events1721EntertainmentOtherEvents
Other Direct Expenses Other Events4079OtherDirectExpensesOtherEvents
Gross Receipts Total191957GrossReceiptsTotal
Charitable Contributions Total111665CharitableContributionsTotal
Gross Revenue Total Events80292GrossRevenueTotalEvents
Cash Prizes Total Events620CashPrizesTotalEvents
Non Cash Prizes Total Events18308NonCashPrizesTotalEvents
Rent Facility Costs Total Events48106RentFacilityCostsTotalEvents
Food And Beverage Total Events34425FoodAndBeverageTotalEvents
Entertainment Total Events1975EntertainmentTotalEvents
Other Direct Expenses Total Events14721OtherDirectExpensesTotalEvents
Direct Expense Summary Events118155DirectExpenseSummaryEvents
Net Income Summary-37863NetIncomeSummary

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Records MaintainedtrueRecordsMaintained

Form990 Schedule I Part III Form990ScheduleIPartIII (5 entries)

Type Of GrantTypeOfGrantNumber Of RecipientsNumberOfRecipientsAmount Of Cash GrantAmountOfCashGrant
SCHOLARSHIP & FINANCIAL AID227930274831
ENDOWED SCHOLARSHIPS1914144504
MICKEL SCHOLARSHIP11000
GRAYBEAL SCHOLARSHIP11000
OUTSTANDING SCHOLARSHIP13680

Form990 Schedule I Part IV Form990ScheduleIPartIV (2 entries)

IdentifierIdentifierReturn ReferenceReturnReferenceExplanationExplanation
MONITORING THE USE OF GRANTSSCHEDULE I, PART I, LINE 2FOR THE PERIOD JULY 1, 2010 THROUGH JUNE 30, 2011, DREW UNIVERSITY GRANTED FUNDS TO STUDENTS IN THE FORM Of SCHOLARSHIPS, FELLOWSHIPS, STUDENT LOANS AS WELL AS OTHER FINANCIAL AID. FINANCIAL AID IS GRANTED TO STUDENTS BASED ON ELIGIBILITY GUIDELINES AS DEFINED BY THE FEDERAL DEPARTMENT OF EDUCATION AS WELL AS THE STATE OF NEW JERSEY. IF A STUDENT IS NOT ELIGIBLE TO RECEIVE FEDERAL OR STATE BASED FINANCIAL AID, THE AID WILL NOT BE APPLIED TO THE STUDENT'S ACCOUNT. IN ADDITION, DREW UNIVERSITY GRANTS FUNDS TO STUDENTS IN THE FORM OF INSTITUTIONAL AID BASED ON MERIT AND NEED CRITERIA.
NUMBER OF SCHOLARSHIP RECIPIENTSSCHEDULE I, PART III, COLUMN (B)THE UNIVERSITY ESTIMATES LESS THAN FIVE STUDENTS ARE HONORED EACH YEAR THROUGH THE MICKEL AND GRAYBEAL SCHOLARSHIP PROGRAMS.

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Housing Allowance Or ResidenceXHousingAllowanceOrResidence
Written Policy Re T And E ExpensestrueWrittenPolicyReTAndEExpenses
Substantiation RequiredtrueSubstantiationRequired
Compensation CommitteeXCompensationCommittee
Compensation SurveyXCompensationSurvey
Severance PaymentfalseSeverancePayment
Supplemental Nonqual Retire PlanfalseSupplementalNonqualRetirePlan
Equity Based Comp ArrangementfalseEquityBasedCompArrangement
Comp Based On Revenue Of Filing OrgfalseCompBasedOnRevenueOfFilingOrg
Comp Based On Revenue Related OrgsfalseCompBasedOnRevenueRelatedOrgs
Comp Based Net Earnings Filing OrgfalseCompBasedNetEarningsFilingOrg
Comp Based Net Earnings Relate OrgsfalseCompBasedNetEarningsRelateOrgs
Any Non Fixed PaymentsfalseAnyNonFixedPayments
Initial Contract ExceptionfalseInitialContractException

Form990 Schedule J Part II Form990ScheduleJPartII (13 entries)

Base Compensation Filing OrgBaseCompensationFilingOrgComp Based On Related OrgsCompBasedOnRelatedOrgsBonus Filing OrgBonusFilingOrgBonus Related OrgsBonusRelatedOrgsOther Compensation Filing OrgOtherCompensationFilingOrgOther Compensation Related OrgsOtherCompensationRelatedOrgsDeferred Comp Filing OrgDeferredCompFilingOrgDeferred Comp Related OrgsDeferredCompRelatedOrgsNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgNontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgsTotal Compensation Filing OrgTotalCompensationFilingOrgTotal Compensation Related OrgsTotalCompensationRelatedOrgsComp Report Prior990 Filing OrgCompReportPrior990FilingOrgComp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs
ROBERT WEISBUCH
382319000140000656670462720508258000
PAMELA GUNTER-SMITH
18757800000152600597570262595000
HOWARD BUXBAUM
19786600000148600206570233383000
MARGARET HOWARD
20804400014914016705045600244223000
RONALD ROSS
14597100000119840129320170887000
JONATHAN LEVIN
15183400000148500722260238910000
ALYSSA MCCLOUD
20607500016640015260062480244223000
ANDREW SCRIMGEOUR
12446700000103540163010151122000
CHRISTOPHER BIEHN
19828100095500152600197890242880000
CHRISTOPHER VAN WYK
15931700000131660163160188799000
JOSEPH KELLY
15756500000131660224810193212000
SAAD IBRAHIM
146396000572700080510160174000
ALAN CANDIOTTI
1439490000011821098110165581000

Form990 Schedule J Part III Form990ScheduleJPartIII

FieldValueIRS element (for citing)
IdentifierUNIVERSITY HOUSING AND AUTOMOBILE ALLOWANCESIdentifier
Return ReferenceFORM 990, SCHEDULE J, PART I, QUESTION 1ReturnReference
ExplanationHOUSING ALLOWANCE AS PART OF THE FOLLOWING EMPLOYEES CONDITION OF EMPLOYMENT, WHERE THE DUTIES AND RESPONSIBILITIES OF THESE EMPLOYEES REQUIRE THEIR SERVICES ON A TWENTY FOUR HOUR BASIS THROUGHOUT THE YEAR, THE UNIVERSITY PROVIDES CAMPUS HOUSING TO THEM TO ACCOMPLISH THEIR REQUIRED AND CONTINUOUS DUTIES AND RESPONSIBILITIES ON CAMPUS. THE FOLLOWING EMPLOYEES ARE PROVIDED CAMPUS HOUSING AS A CONDITION OF THEIR EMPLOYMENT AND THEREFORE NOT INCLUDED IN TAXABLE INCOME: *PAMELA GUNTER-SMITH *JONATHAN LEVIN THE FOLLOWING EMPLOYEES ARE PROVIDED CAMPUS HOUSING BUT IS NOT A CONDITION OF THEIR EMPLOYMENT THEREFORE IT IS INCLUDED IN TAXABLE INCOME: *ALYSSA MCCLOUD *CHRISTOPHER BIEHN *SAAD IBRAHIM AUTOMOBILE ALLOWANCE THE AUTOMOBILE ALLOWANCE FOR THE FOLLOWING EMPLOYEES IS PART OF THEIR COMPENSATION AGREEMENT AND IS REFLECTED IN AS PART OF TAXABLE INCOME AND INCLUDED AS TAXABLE INCOME ON THEIR FORM W-2, BOX 1,3 AND 5: *ROBERT WEISBUCH *MARGARET HOWARD *ALYSSA MCCLOUDExplanation

Schedule K IRS990ScheduleK

Form990 Schedule K Part I Form990ScheduleKPartI (4 entries)

Issuer EINIssuerEINCUSIP NumberCUSIPNumberDate IssuedDateIssuedIssue PriceIssuePriceDescription Of PurposeDescriptionOfPurposeDefeasedDefeasedOn Behalf Of IssuerOnBehalfOfIssuerPool FinancingPoolFinancing
NJ EDU FAC AUTH DREW 2003 SERIES C
22182951164605LDZ82003-05-2922872229Capital Improvementstruefalsefalse
NJ EDU FAC AUTH DREW 2007 SERIES D
221829511646065CW02007-04-1230557236Advance refunding and new moneytruefalsefalse
NJ EDU FAC AUTH DREW 2008 SERIES B
221829511646065CE02008-04-0411353764Current Refundingfalsefalsefalse
NJ EDU FAC AUTH DREW 2008 SERIES I
2218295112008-06-2612000000Capital Improvementsfalsefalsefalse

Form990 Schedule K Part II Form990ScheduleKPartII (4 entries)

Amount RetiredAmountRetiredAmount Bond DefeasedAmountBondDefeasedTotal ProceedsTotalProceedsAmount In Reserve FundAmountInReserveFundCapitalized InterestCapitalizedInterestRefunding EscrowRefundingEscrowIssuance Costs From ProceedsIssuanceCostsFromProceedsCredit EnhancementCreditEnhancementWorking Capital ExpendituresWorkingCapitalExpendituresCapital ExpendituresCapitalExpendituresOther Spent ProceedsOtherSpentProceedsAmount UnspentAmountUnspentYear Of Subst CompletionYearOfSubstCompletionCurrent RefundingCurrentRefundingAdvance RefundingAdvanceRefundingFinal Allocation MadeFinalAllocationMadeAdequate Books And Recds MaintaindAdequateBooksAndRecdsMaintaind
349000023900002366262049768984395006609812698537173821180000002006falsefalsetruetrue
8250001265750323158420145447707895143530000274356484858329683825falsetruetruetrue
6000000142985210002277308500000001998truefalsetruetrue
0012000000000640850011935915002010falsefalsetruetrue

Form990 Schedule K Part III Form990ScheduleKPartIII (4 entries)

Owning Bond Financed PropertyOwningBondFinancedPropertyAny Lease ArrangementsAnyLeaseArrangementsMngment Cntrct Bond Financd PrprtyMngmentCntrctBondFinancdPrprtyAny Research AgreementsAnyResearchAgreementsBond Counsel Routinely EngagedBondCounselRoutinelyEngagedPrcntge Prvt Business Use By OthersPrcntgePrvtBusinessUseByOthersPercentage Of Prvt Business Re UBIPercentageOfPrvtBusinessReUBITotal Private Business UseTotalPrivateBusinessUsePost Issuance Compliance ProcdrsPostIssuanceComplianceProcdrs
falsefalsetruefalsetrue0.000000.000000.00000true
falsefalsetruefalsetrue0.000000.000000.00000true
falsefalsefalsefalsetrue0.000000.000000.00000
falsefalsetruefalsetrue0.000000.000000.00000true

Form990 Schedule K Part IV Form990ScheduleKPartIV (4 entries)

Form8038 T FiledForm8038TFiledVariable Rate IssueVariableRateIssueHedge Identified In Books And RecdsHedgeIdentifiedInBooksAndRecdsSuperintegrated HedgeSuperintegratedHedgeHedge TerminatedHedgeTerminatedGross Proceeds Invested In GICGrossProceedsInvestedInGICGross Proceeds InvestedGrossProceedsInvestedException To RebateExceptionToRebate
falsefalsefalsefalsefalsefalsetruefalse
falsefalsefalsefalsefalsefalsetruefalse
falsefalsefalsefalsefalsefalsefalsefalse
falsetruefalsefalsefalsefalsefalsefalse

Form990 Schedule K Part V Form990ScheduleKPartV (2 entries)

IdentifierIdentifierReturn ReferenceReturnReferenceExplanationExplanation
SCHEDULE K, PART I, COLUMN (E)BOND ISSUE - 2008 SERIES ITHIS ISSUE WAS REISSUED WITH A CHANGE IN INTEREST RATE ON JUNE 27, 2011 AT AN ISSUE PRICE OF 12,000,000 TO PROVIDE FOR CAPITAL IMPROVEMENTS -- THE 2008 I BONDS ARE STRUCTURED AS A BANK LOAN WITH A MAXIMUM AUTHORIZED AMOUNT AND A PERIOD DURING WHICH DREW CAN MAKE DRAWS FOR AUTHORIZED PURPOSES - DREW HAS WITHDRAWN AMOUNTS AS NEEDED AND NO MONEY HAS BEEN HELD AND INVESTED.
SCHEDULE K, PART I, COLUMN (E)BOND ISSUE - 2006 SERIES ABOND ISSUE 2006A'S $215,447 ISSUE PRICE REPRESENTS DREW'S ALLOCABLE SHARE OF BONDS ISSUED TO SEVERAL EDUCATIONAL INSTITUTIONS. THIS REPRESENTS 0.0179 OF THE AGGREGATE REFUNDING BONDS ALLOCATED TO PRIVATE INSTITUTIONS AND 0.0139 OF THE TOTAL PROCEEDS ALLOCATED TO ALL COLLEGES AND UNIVERSITIES.

Schedule L IRS990ScheduleL

Form990 Schedule L Part IV Form990ScheduleLPartIV (3 entries)

RelationshipRelationshipAmount Of TransactionAmountOfTransactionDescription Of TransactionDescriptionOfTransactionSharing Of RevenuesSharingOfRevenues
HUFF ENEGERY FUND
SEE SCH L, PART V150000INVESTMENT FEESfalse
MELISSA FUEST
SEE SCH L, PART V60642EMPLOYEE COMPENSATIONfalse
CINDY DRAKEMAN
SEE SCH L, PART V58333EMPLOYEE COMPENSATIONfalse

Form990 Schedule L Part V Form990ScheduleLPartV

FieldValueIRS element (for citing)
IdentifierINTERESTED PERSONSIdentifier
Return ReferenceFORM 990, SCHEDULE L, PART IVReturnReference
ExplanationWILLIAM HUFF THE UNIVERSITY IS A LIMITED PARTNER/INVESTOR IN THE HUFF ENERGY FUND, OF WHICH TRUSTTEE WILLIAM HUFF IS AN OPERATING OFFICER. THE UNIVERSITY HAS A 10 MILLION DOLLAR COMMITMENT TO INVEST IN THE FUND. THE UNIVERSITY PAYS A MANAGEMENT AND INCENTIVE FEES TO THE FUND FOR THE MANAGEMENT OF THE FUND. ALL TRANSACTIONS ARE CONDUCTED AT ARMS LENGTH, MEANING THEY ARE EXECUTED IN ACCORDANCE WITH THE INVESTMENT AGREEMENT. DUE DILIGENCE WAS CONDUCTED BY INDEPENDENT EXTERNAL INVESTMENT CONSULTANTS THAT ARE RETAINED BY THE UNIVERSITY. THE UNIVERSITY MEASURES INVESTMENT PERFORMANCE ON A QUARTERLY BASIS, CONDUCTS PORTFOLIO REVIEWS AND ON SITE VISITS ON AN ANNUAL BASIS AND REPORTS RESULTS TO THE INVESTMENT COMMITTEE. FREDERICK FUEST IS A UNIVERSITY TRUSTEE AND HIS DAUGTHER IS AN UNIVERSITY EMPLOYEE. DON DRAKEMAN IS A UNIVERSITY TRUSTEE AND HIS DAUGHTER WAS A UNIVERSITY EMPLOYEE IN FISCAL YEAR 2011.Explanation

Schedule M IRS990ScheduleM

FieldValueIRS element (for citing)
Works Of ArtWorksOfArt
Art Historical TreasuresArtHistoricalTreasures
Art Fractional InterestArtFractionalInterest
Books And PublicationsBooksAndPublications
Clothing And Household GoodsClothingAndHouseholdGoods
Cars And Other VehiclesCarsAndOtherVehicles
Boats And PlanesBoatsAndPlanes
Intellectual PropertyIntellectualProperty

Securities Publicly Traded SecuritiesPubliclyTraded

FieldValueIRS element (for citing)
Non Cash CheckboxXNonCashCheckbox
Number Of Contributions26NumberOfContributions
Noncash Contribs Rptd F990962943NoncashContribsRptdF990
Method Of Determining RevenuesFMVMethodOfDeterminingRevenues
FieldValueIRS element (for citing)
Securities Closely Held StockSecuritiesCloselyHeldStock
Securities Prtnrshp Trust IntrstsSecuritiesPrtnrshpTrustIntrsts
Securities MiscellaneousSecuritiesMiscellaneous
Qualified Contrib Hist StructQualifiedContribHistStruct
Qualified Contrib OtherQualifiedContribOther
Real Estate ResidentialRealEstateResidential
Real Estate CommercialRealEstateCommercial
Real Estate OtherRealEstateOther
CollectiblesCollectibles
Food InventoryFoodInventory
Drugs And Medical SuppliesDrugsAndMedicalSupplies
TaxidermyTaxidermy
Historical ArtifactsHistoricalArtifacts
Scientific SpecimensScientificSpecimens
Archaeological ArtifactsArchaeologicalArtifacts

Other Non Cash Contributions Table OtherNonCashContributionsTable (2 entries)

Non Cash CheckboxNonCashCheckboxDescriptionDescriptionNumber Of ContributionsNumberOfContributionsNoncash Contribs Rptd F990NoncashContribsRptdF990Method Of Determining RevenuesMethodOfDeterminingRevenues
XLAB SUPPLIES144850FMV
XVARIOUS915930FMV
FieldValueIRS element (for citing)
Any Property That Must Be HeldfalseAnyPropertyThatMustBeHeld
Review Process Unusual NC GiftstrueReviewProcessUnusualNCGifts
Third Parties UsedfalseThirdPartiesUsed

Form990 Schedule M Part II Form990ScheduleMPartII

FieldValueIRS element (for citing)
IdentifierGIFT ACCEPTANCE POLICYIdentifier
Return ReferenceFORM 990, SCH M, PART I, LINE 31ReturnReference
ExplanationDREW UNIVERSITY HAS A GIFT ACCEPTANCE POLICY IN PLACE. THE POLICY REQUIRES THE REVIEW OF ANY NON-STANDARD CONTRIBUTIONS.Explanation

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (12 entries)

IdentifierIdentifierReturn ReferenceReturnReferenceExplanationExplanation
ORGANIZATION MISSIONFORM 990, PART III, QUESTION 1EXCELLENCE IN LIBERAL EDUCATION AT DREW REQUIRES SCHOLARLY, CREATIVE FACULTY WHO TEACH EFFECTIVELY AND INTELLECTUALLY PREPARED STUDENTS WHO WANT TO LEARN. THIS EXCELLENCE EMPHASIZES THE INTERRELATEDNESS OF LEARNING IN UNDERGRADUATE, GRADUATE AND THEOLOGICAL SCHOOLS AND PROMOTES INTELLECTUAL RIGOR AND RESPONSIBLE CITIZENSHIP, WHILE PREPARING INDIVIDUALS FOR SIGNIFICANT CONTRIBUTIONS TO SOCIETY. DREW UNIVERSITY ENDEAVORS TO CREATE A DISTINCTIVE ENVIRONMENT FOR LIBERAL EDUCATION. CHARACTERISTICS OF THIS ENVIRONMENT ARE AN ETHOS OF CURIOSITY AND ACHIEVEMENT WITHIN AN INTENTIONALLY INTIMATE COMMUNITY OF LEARNING WHICH EMPHASIZES CLOSE STUDENT-FACULTY RELATIONSHIPS AND COLLEGIALITY. THIS ETHOS INCLUDES RESPECT FOR INDIVIDUALITY AND APPRECIATION OF DIVERSITY. DREW UNIVERSITY PLACES SPECIAL ATTENTION ON THE ONGOING EVALUATION AND IMPROVEMENT OF TEACHING AND LEARNING, THE USES OF TECHNOLOGY, AND THE GLOBAL CONTEXT OF KNOWLEDGE.
EXEMPT PURPOSE ACHIEVEMENTSFORM 990, PART III, QUESTION 4BDREW THEOLOGICAL SCHOOL EMPOWERS LEADERSHIP FOR A GLOBAL CHRISTIANITY OF JUSTICE, ECUMENISM, AND THE INTEGRITY OF CREATION. ITS PASTORAL, SPIRITUAL, AND CONCEPTUAL DISCIPLINES GROW WITHIN AN INTIMATE LITURGICAL AND COMMUNAL CONTEXT, ONE THAT SUSTAINS MULTIPLE RELATIONS OF DIFFERENCE. THROUGH ITS PARTICULAR HISTORICAL COMMITMENTS TO AFRICAN, ASIAN, AFRICAN-AMERICAN, HISPANIC AND WOMEN'S MINISTRIES, THE THEOLOGICAL SCHOOL REMAINS FAITHFULLY ROOTED IN ITS METHODIST HERITAGE. DREW NURTURES CHRISTIAN PRACTICES THROUGH VITAL PARTNERSHIP WITH LOCAL CHURCHES AND INTERNATIONAL NETWORKS OF EDUCATION. TRANS-DISCIPLINARY INTERPRETATION OF TEXT, TRADITION, AND EXPERIENCE ENERGIZES ITS SCHOLARLY RIGOR. DREW ENGENDERS THEOLOGIES RESPONSIBLE TO THE COMPLEX SOCIAL REALITIES OF AN INTERCONNECTED WORLD. INTO THAT WORLD DREW SENDS PASTORS, PREACHERS AND PROPHETS, DEACONS, ACTIVISTS, AND TEACHERS.
EXEMPT PURPOSE ACHIEVEMENTSFORM 990, PART III, QUESTION 4CTHE CASPERSEN SCHOOL OF GRADUATE STUDIES WAS FOUNDED ON THE PRINCIPLE OF THE IMPORTANCE OF INTERDISCIPLINARY STUDY IN THE HUMANITIES. THE GOAL OF THE SCHOOL'S FOUNDERS WAS TO FOSTER BROADLY EDUCATED PEOPLE WHO HAVE EXPERTISE IN A FIELD OF THOUGHT BUT WHO ARE ALSO FAMILIAR WITH AND ARTICULATE IN A RANGE OF HUMANISTIC STUDIES. THIS MISSION CONTINUES TO DISTINGUISH THE CASPERSEN SCHOOL AMONG INSTITUTIONS WITH DOCTORAL PROGRAMS IN THE HUMANITIES. OUR INTENT IS TO TRAIN PERSONS WHO ARE PROPERLY PREPARED NOT ONLY IN SPECIFIC RECOGNIZED FIELDS BUT ALSO IN INTERDISCIPLINARY DIALOGUE. WE CELEBRATE THE JOY OF LEARNING AS WE PREPARE ABLE, WELL INFORMED GRADUATES WHO PURSUE CAREERS IN HIGHER EDUCATION, IN THE RELIGIOUS AND MEDICAL COMMUNITIES, AND IN THE BROADER INTELLECTUAL WORLD. AS SUCH, WE ARE WELL POSITIONED TO MEET THE INCREASING CALL FOR INTERDISCIPLINARY APPROACHES BOTH IN THE ACADEMY AND IN THE WIDER WORLD. INTEGRAL TO OUR MISSION IS ENCOURAGING OUR FACULTY AND STUDENTS ALIKE TO PURSUE CREATIVE RESEARCH IN THE HUMANITIES AND TO MAKE THE RESULTS OF THEIR WORK AVAILABLE THROUGH TEACHING, PARTICIPATION IN SCHOLARLY MEETINGS, VARIOUS FORMS OF PUBLICATION AND INTELLECTUAL DISCOURSE. TO THAT END WE CONTINUE TO EXPLORE NEW POSSIBILITIES OF ENHANCING INTERDISCIPLINARY STUDIES IN THE HUMANITIES. EXEMPT PURPOSE ACHIEVEMENTS FORM 990, PART III, QUESTION 4D AMOUNTS LISTED ON LINE 4D REPRESENT EXPENSES AND REVENUES RELATED TO OTHER PROGRAMS WHICH FURTHER THE ORGANIZATION'S EXEMPT PURPOSE. OTHER PROGRAM EXPENSES REFLECT EDUCATIONAL PROGRAM EXPENSES NOT DIRECTLY RELATED TO ONE OF THE OF THE SCHOOLS DESCRIBED ABOVE. IT INCLUDES AN ALLOCATED METHOD OF PROGRAM, AUXILIARY, AND STUDENT SERVICE EXPENSES. OTHER PROGRAM ACTIVITIES ALSO INCLUDE EXPENSES AND REVENUES FROM THE UNIVERSITY'S CONTINUING EDUCATION AND SUMMER PROGRAMS.
DONOR ACKNOWLEDGEMENTFORM 990, PART V, QUESTION 7BDREW UNIVERSITY NOTIFIES THE DONOR OF THE BREAKOUT BETWEEN ANY GOODS AND SERVICES RECEIVED AND THEIR DONATION AMOUNT. IF NO GOODS AND SERVICE WERE RECEIVED WE THEN NOTIFY THE DONOR OF THAT TOO.
990 REVIEW POLICYFORM 990, PART VI, QUESTION 11BALL MEMBERS OF THE BOARD OF TRUSTEES WERE PROVIDED WITH A COPY OF FORM 990 VIA THE TRUSTEE WEB-SITE PRIOR TO ITS FILING WITH THE IRS.
CONFLICT OF INTEREST POLICYFORM 990, PART VI, QUESTION 12ALL DECISIONS OF THE BOARD OF TRUSTEES, OFFICERS AND EMPLOYEES OF DREW UNIVERSITY ARE TO BE MADE SOLELY ON THE BASIS OF A DESIRE TO PROMOTE THE BEST INTERESTS OF THE UNIVERSITY. IT IS THEREFORE THE POLICY OF THE BOARD AND THE UNIVERSITY: 1. THAT ALL ACTIVITIES OR BEHAVIOR WHICH CONFLICT WITH THE BEST INTERESTS OF THE UNIVERSITY ARE PROHIBITED. THIS COULD INCLUDE BUT WOULD NOT BE LIMITED TO: A) USE OF UNIVERSITY RESOURCES. FOR A UNIVERSITY TRUSTEE, OFFICER OR EMPLOYEE TO MAKE IMPROPER USE OF ANY UNIVERSITY RESOURCES, INCLUDING THE SERVICES OF UNIVERSITY EMPLOYEES, FOR HIS OR HER OWN PERSONAL BENEFIT. B) COMPLIANCE WITH RULES. FOR A UNIVERSITY TRUSTEE, OFFICER, OR EMPLOYEE TO FAIL TO COMPLY WITH THE UNIVERSITY'S DULY ESTABLISHED RULES, REGULATIONS OR STANDARDS OF PERSONAL BEHAVIOR. C) DISCLOSURE OF CONFIDENTIAL INFORMATION. FOR A UNIVERSITY TRUSTEE, OFFICER, OR EMPLOYEE, WITHOUT PROPER AUTHORITY, TO GIVE OR RELEASE TO ANYONE NOT AUTHORIZED TO RECEIVE SUCH INFORMATION, ANY DATA OF A CONFIDENTIAL NATURE SECURED THROUGH HIS OR HER RELATIONSHIP TO THE UNIVERSITY. D) ACCEPTANCE OF GIFTS. FOR A UNIVERSITY TRUSTEE, OFFICER OR EMPLOYEE, OR ANY DEPENDENT MEMBER OF HIS OR HER IMMEDIATE FAMILY TO ACCEPT FROM ANY ORGANIZATION OR PERSON THAT THEY KNOW TO BE DOING OR SEEKING TO DO BUSINESS WITH THE UNIVERSITY, A LOAN OR A GIFT OR FAVOR OF MORE THAN NOMINAL VALUE. THIS PARAGRAPH SHALL NOT BE DEEMED TO PROHIBIT LOANS MADE IN THE NORMAL COURSE OF BUSINESS WITH THE TERMS STANDARD FOR SUCH LOANS FROM BANKS OR FINANCIAL INSTITUTIONS THAT MAY HAVE OR EXPECT TO HAVE RELATIONS WITH THE UNIVERSITY. E) COMPETITION WITH THE UNIVERSITY. FOR A UNIVERSITY TRUSTEE OR OFFICER, DIRECTLY OR THROUGH A CORPORATION IN WHICH HE OR SHE HAS A SUBSTANTIAL INTEREST, TO ENGAGE IN FOR REMUNERATION ANY OTHER ACTIVITY WHICH IS IN DIRECT COMPETITION WITH THE UNIVERSITY, EXCEPT WITH THE KNOWLEDGE AND WRITTEN CONSENT OF THE PRESIDENT OR THE PRESIDENT'S DESIGNEE. IF THE ACTIVITY IS THAT OF THE PRESIDENT SUCH CONSENT MUST BE GIVEN BY THE CHAIR OF THE BOARD. 2. THAT, IN THE EVENT THAT THE BOARD OR A UNIVERSITY OFFICER SHALL BE CALLED UPON TO CONSIDER A TRANSACTION INVOLVING THE UNIVERSITY AND (I) A MEMBER OF THE BOARD OR ANY OFFICER OF THE UNIVERSITY (OR A MEMBER OF HIS OR HER IMMEDIATE FAMILY), OR (II) AN ORGANIZATION WITH WHICH A MEMBER OF THE BOARD OR ANY OFFICER OF THE UNIVERSITY IS "AFFILIATED," SUCH TRUSTEE OR OFFICER, AS SOON AS HE OR SHE HAS KNOWLEDGE OF THE TRANSACTION, SHALL: (A) DISCLOSE FULLY THE PRECISE NATURE OF HIS OR HER INTEREST OR INVOLVEMENT IN SUCH TRANSACTION AND/OR SUCH ORGANIZATION; AND (B) REFRAIN FROM PARTICIPATION IN THE UNIVERSITY'S CONSIDERATION OF THE PROPOSED TRANSACTION. FOR THE PURPOSES OF THIS CONFLICT-OF-INTEREST POLICY, A TRUSTEE OR OFFICER IS "AFFILIATED" WITH ANY ORGANIZATION OF WHICH HE OR SHE (OR A MEMBER OF HIS OR HER IMMEDIATE FAMILY) IS AN EMPLOYEE, GENERAL PARTNER, MEMBER OF THE BOARD OF DIRECTORS, TRUSTEE, OR IN WHICH HE OR SHE (OR A MEMBER OF HIS OR HER IMMEDIATE FAMILY) OWNS 10% OR MORE OF THE OUTSTANDING STOCK. 3. THAT THE FOLLOWING PERSONS DISCLOSE TO THE UNIVERSITY ON A CONTINUING BASIS ALL THEIR RELATIONSHIPS AND BUSINESS AFFILIATIONS THAT REASONABLY COULD GIVE RISE TO A CONFLICT OF INTEREST, OR THE APPEARANCE OF A CONFLICT OF INTEREST, INVOLVING THE UNIVERSITY: THE TRUSTEES (INCLUDING THE PRESIDENT); THE VICE PRESIDENTS OF THE UNIVERSITY; THE DEANS; AND SUCH OTHER OFFICERS AS THE PRESIDENT SHALL DESIGNATE AS BEING OFFICERS FROM WHOM, BECAUSE OF THEIR RESPECTIVE DUTIES AND RESPONSIBILITIES, THE UNIVERSITY SHOULD RECEIVE A CONTINUING DISCLOSURE OF SUCH OUTSIDE RELATIONSHIPS AND BUSINESS AFFILIATIONS. ALL DISCLOSURES REQUIRED TO BE MADE HEREUNDER MUST BE DIRECTED IN WRITING TO THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES WHICH SHALL HAVE, WITH THE ASSISTANCE OF THE VICE PRESIDENT OF ADMINISTRATION AND OF THE VICE PRESIDENT FOR FINANCE AND BUSINESS AFFAIRS, THE RESPONSIBILITY FOR MONITORING OF THIS POLICY, INCLUDING THE ADMINISTRATION AND ENFORCEMENT THEREOF. THE EXECUTIVE COMMITTEE SHALL BE ADVISED IMMEDIATELY OF ANY DISPUTES OR OTHER ISSUES ARISING OUT OF THE APPLICATION OF THIS POLICY SO THAT IT CAN DETERMINE WHAT, IF ANY, ACTION IS APPROPRIATE. VICE PRESIDENT FOR FINANCE AND BUSINESS AFFAIRS, THE RESPONSIBILITY FOR MONITORING OF THIS POLICY, INCLUDING THE ADMINISTRATION AND ENFORCEMENT THEREOF. THE EXECUTIVE COMMITTEE SHALL BE ADVISED IMMEDIATELY OF ANY DISPUTES OR OTHER ISSUES ARISING OUT OF THE APPLICATION OF THIS POLICY SO THAT IT CAN DETERMINE WHAT, IF ANY, ACTION IS APPROPRIATE.
COMPENSATION REVIEWFORM 990, PART VI, QUESTION 15A & 15BCOMPENSATION FOR THE OFFICERS, EXECUTIVE DIRECTOR AND KEY EMPLOYEES IS DETERMINED BY THE DREW BOARD OF DIRECTORS ON THE RECOMMENDATION OF THE COMPENSATION COMMITTEE. NO INDIVIDUALS WITH A CONFLICT OF INTEREST MAY BE INVOLVED IN THE COMPENSATION DETERMINATION PROCESS. COMPARABILITY DATA FOR SIMILARITY QUALIFIED PERSONS IN FUNCTIONALLY COMPARABLE POSITIONS AT SIMILARITY SITUATED ORGANIZATIONS IS PREPARED BY THE ORGANIZATION AND REVIEWED BY THE BOARD OF DIRECTORS. THE MINUTES OF THE BOARD OF DIRECTORS AND THE COMPENSATION COMMITTEE DOCUMENT THE BOARD'S AND COMMITTEE'S DELIBERATIONS AND DECISIONS REGARDING COMPENSATION. THE BENCHMARK DATA IS DERIVED FROM A CUSTOM REPORT PROVIDED BY THE COLLEGE AND UNIVERSITY PERSONNEL ASSOCIATION (CUPA). THE UNIVERSITY MAINTAINS A LIST OF ABOUT 50 INSTITUTIONS THAT ARE SIMILAR TO DREW IN SIZE, SCOPE AND MISSION. MEAN AND MEDIAN SALARIES FOR POSITIONS THAT ARE COMPARABLE TO OUR CABINET ARE DERIVED FROM THE DATA PROVIDED BY CUPA AND ADJUSTED BY A COST OF LIVING FACTOR TO DETERMINE THE BENCHMARK. THE BENCHMARK IS USED BY THE COMMITTEE TO DETERMINE THE APPROPRIATENESS OF SALARIES, SALARY INCREASES AND SALARIES OF NEW EXECUTIVE HIRES."
DOCUMENT DISCLOSUREFORM 990, PART VI, QUESTION 19DREW UNIVERSITY MAKES ITS GOVERNING DOCUMENTS AVAILABLE TO THE PUBLIC IN THE FOLLOWING MANNER: 1. GOVERNING DOCUMENTS SUCH AS THE CONFLICT OF INTEREST POLICY, UNIVERSITY CHARTER, UNIVERSITY MISSION STATEMENT, WHISTLE BLOWER POLICY, TRAVEL AND ENTERTAINMENT, PURCHASING, SIGNATURE AUTHORITY ARE MADE AVAILABLE TO THE PUBLIC THROUGH THE UNIVERSITY WEB-SITE. THE WEB-SITE IS AVAILABLE ON DEMAND TO THE PUBLIC AT WWW.DREW.EDU 2. THE UNIVERSITY TAX FILING FORM 990 IS AVAILABLE AT WWW.GUIDESTAR.ORG AND AVAILABLE UPON REQUEST. 3. THE UNIVERSITY FINANCIAL STATEMENTS ARE ALSO AVAILABLE ON THE WEB-SITE AND AVAILABLE UPON DEMAND BY THE PUBLIC. 4. ANY CHANGES THAT ARE MADE TO THE GOVERNING DOCUMENTS ONCE RATIFIED, ARE UPDATED TO THE UNIVERSITY WEB-SITE INSTANTLY, THEREBY MAKING THE WEB-SITE AN UP TO DATE AND LIVE ENVIRONMENT FOR THE UNIVERSITY'S DOCUMENTS.
OTHER CHANGES IN NET ASSETSFORM 990, PART IX, LINE 5UNREALIZED GAIN OR LOSS ON INVESTMENTS ................. 17,923,091 CHANGE IN FAIR VALUE OF TRUST, POOLED INCOME FUNDS, GIFT ANNUITITES AND RELATED DISTRIBUTIONS ........... 4,231,000 PENSION-RELATED CHANGES OTHER THAN NET PERIODIC PENSION COST ................................................ 1,771,000 LOSS ON BOND DEFEASANCE ................................ (144,000) INCOME FROM PARTNERSHIPS ............................... (119,870) PRIOR PERIOD ADJUSTMENT ................................ 39,889 ----------- 23,701,110
HOURS DEVOTED FOR RELATED ORGANIZATIONFORM 990 PART VIINAME:HOWARD BUXBAUM TITLE:VP OF FINANCE HOURS:1
HOURS DEVOTED FOR RELATED ORGANIZATIONFORM 990 PART VIINAME:MARGARET HOWARD TITLE:VP OF ADMINISTRATION HOURS:1
HOURS DEVOTED FOR RELATED ORGANIZATIONFORM 990 PART VIINAME:JOSEPH KELLY TITLE:ASSOC VP FINANCE/TREASURER HOURS:1

Schedule R IRS990ScheduleR

Form990 Schedule R Part II Form990ScheduleRPartII

Name Of Disregarded Entity NameOfDisregardedEntity

FieldValueIRS element (for citing)
Business Name Line1University Housing Project CorporationBusinessNameLine1

Address US AddressUS

FieldValueIRS element (for citing)
Address Line136 Madison AveAddressLine1
CityMadisonCity
StateNJState
ZIP Code07940ZIPCode
FieldValueIRS element (for citing)
EIN222970182EIN
Primary ActivitiesDVLPM HOUSINGPrimaryActivities
Legal Domicile StateNJLegalDomicileState
Exempt Code Section501(C)(3)ExemptCodeSection
Public Charity Status2PublicCharityStatus

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1Drew UniverBusinessNameLine1

Form990 Schedule R Part IV Form990ScheduleRPartIV (3 entries)

Address Line1AddressUS/AddressLine1CityAddressUS/CityStateAddressUS/StateZIP CodeAddressUS/ZIPCodeEINEINPrimary ActivityPrimaryActivityLegal Domicile StateLegalDomicileStateBusiness Name Line1DirectControllingEntityName/BusinessNameLine1Type Of EntityTypeOfEntityShare Of Total IncomeShareOfTotalIncomeShare Of EOY AssetsShareOfEOYAssetsPercentage OwnershipPercentageOwnership
Copper Beech Condominium Association CBC
36 Madison AveMadisonNJ07940223094649Real estate mNJUNIV HSNG PRJCTCondo Assoc.972041548020.57810
LENOX S ROSE TRUST
36 MADISON AVENUEMADISONNJ07940226024267TRUSTNJNATRUST090950001.00000
LLYOD W SMITH TRUST
36 MADISON AVENUEMADISONNJ07940226021858TRUSTNJNATRUST065260000.87632
FieldValueIRS element (for citing)
Receipt Of Int Ann Rents RoyaltiestrueReceiptOfIntAnnRentsRoyalties
Gift Grant Or Cap Contr To Other OrgfalseGiftGrantOrCapContrToOtherOrg
Gift Grant Or Cap Contr Fr Other OrgfalseGiftGrantOrCapContrFrOtherOrg
Loans Or Guarantees To Other OrgtrueLoansOrGuaranteesToOtherOrg
Loans Or Guarantees From Other OrgfalseLoansOrGuaranteesFromOtherOrg
Sale Of Assets To Other OrgfalseSaleOfAssetsToOtherOrg
Purchase Of Assets From Other OrgfalsePurchaseOfAssetsFromOtherOrg
Exchange Of AssetsfalseExchangeOfAssets
Rental Of Facilities To Other OrgsfalseRentalOfFacilitiesToOtherOrgs
Rental Of Facilities Fr Other OrgsfalseRentalOfFacilitiesFrOtherOrgs
Perform Of Services For Other OrgsfalsePerformOfServicesForOtherOrgs
Perform Of Services By Other OrgsfalsePerformOfServicesByOtherOrgs
Sharing Of FacilitiesfalseSharingOfFacilities
Sharing Of Paid EmployeesfalseSharingOfPaidEmployees
Reimbursement Paid To Other OrgfalseReimbursementPaidToOtherOrg
Reimbursement Paid By Other OrgtrueReimbursementPaidByOtherOrg
Other Transfer To Other OrgfalseOtherTransferToOtherOrg
Other Transfer From Other OrgfalseOtherTransferFromOtherOrg

Transactions Related Orgs Table TransactionsRelatedOrgsTable (5 entries)

Transaction TypeTransactionTypeAmount InvolvedAmountInvolved
UNIVERSITY HOUSING PROJECT CORPORATION
A190879
UNIVERISTY HOUSING PROJECT CORPORATION
D4487576
COPPER BEECH CONDOMINIUM ASSOCIATION
D149516
UNIVERISTY HOUSING PROJECT CORPORATION
P131697
COPPER BEECH CONDOMINIUM ASSOCIATION
P140068