SOKA UNIVERSITY OF AMERICA: Form 990, tax year 2009
View the entire original 990 at ProPublica ↗
- Organization
- SOKA UNIVERSITY OF AMERICA (EIN 95-3909672)
- Tax period
- 2009-07-01 to 2010-06-30
- Filed
- 2011-05-16
- IRS object ID
- 201141369349304769
- Schema version
- 2009v1.7
- 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
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule E
- Schedule G
- Schedule I
- Schedule J
- Schedule L
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2011-05-16T14:03:30-05:00 | Timestamp |
| Tax Period End Date | 2010-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KPMG LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 355 S Grand Ave Suite 2000 | AddressLine1 |
| City | Los Angeles | City |
| State | CA | State |
| ZIP Code | 90071 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2009-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 953909672 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Soka University of America | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | SOKA | NameControl |
| Phone | 9494804000 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1 University Drive | AddressLine1 |
| City | Aliso Viejo | City |
| State | CA | State |
| ZIP Code | 92656 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | ARCHIBALD E ASAWA | Name |
| Title | VP FINANCE & ADMIN., CFO | Title |
| Date Signed | 2011-05-13 | DateSigned |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2139724000 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2009 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | YOSHINOBU HABUKI | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1 University Drive | AddressLine1 |
| City | Aliso Viejo | City |
| State | CA | State |
| ZIP Code | 92656 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 341305186 | GrossReceipts |
| Group Return For Affiliates | false | GroupReturnForAffiliates |
| Organization501c | X | Organization501c |
| Web Site | www.soka.edu | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1984 | YearFormation |
| State Legal Domicile | CA | StateLegalDomicile |
| Activity Or Mission Description | as a regionally accredited degree granting (M.A., B.A.) institution of higher education, this university's mission is to foster a steady stream of global citizens committed to living a contributive life. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 14 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 12 | NbrIndependentVotingMembers |
| Total Nbr Employees | 404 | TotalNbrEmployees |
| Total Nbr Volunteers | 150 | TotalNbrVolunteers |
| Total Gross UBI | -235011 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | -301515 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 25066455 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 16359070 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 12703371 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 15011242 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 31750460 | InvestmentIncomePriorYear |
| Investment Income Current Year | 4247008 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 1289587 | OtherRevenuePriorYear |
| Other Revenue Current Year | 3090472 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 70809873 | TotalRevenuePriorYear |
| Total Revenue Current Year | 38707792 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 7517665 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 7886231 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 14299394 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 15115660 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 609280 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 27468884 | OtherExpensePriorYear |
| Other Expenses Current Year | 25607921 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 49285943 | TotalExpensesPriorYear |
| Total Expenses Current Year | 48609812 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 21523930 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | -9902020 | RevenuesLessExpensesCY |
| Total Assets BOY | 796008810 | TotalAssetsBOY |
| Total Assets EOY | 842797528 | TotalAssetsEOY |
| Total Liabilities BOY | 4849527 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 9188283 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 791159283 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 833609245 | NetAssetsOrFundBalancesEOY |
| Mission Description | SOKA UNIVERSITY OF AMERICA (SUA) IS A PRIVATE, INDEPENDENT, NON-PROFIT, PUBLIC-BENEFIT, CO-EDUCATIONAL, COMPREHENSIVE INSTITUTION OF HIGHER LEARNING. FOUNDED ON THE BUDDHIST PRINCIPLES OF PEACE, HUMAN RIGHTS AND THE SANCTITY OF LIFE, SUA IS OPEN TO STUDENTS OF ALL NATIONALITIES AND BELIEFS AND IS COMMITTED TO DIVERSITY IN ITS ACADEMIC COMMUNITY. CURRENTLY, THE UNIVERSITY HAS OVER 450 STUDENTS, WITH APPROXIMATELY 50% COMING FROM OUTSIDE OF THE UNITED STATES, REPRESENTING OVER 30 DIFFERENT COUNTRIES. THE MISSION OF SOKA UNIVERSITY OF AMERICA IS TO FOSTER A STEADY STREAM OF GLOBAL CITIZENS COMMITTED TO LIVING A CONTRIBUTIVE LIFE. EMPHASIZING A NON-SECTARIAN AND HUMANISTIC CURRICULUM, THE UNIVERSITY STRIVES TO: FOSTER LEADERS OF CULTURE IN THE COMMUNITY. FOSTER LEADERS OF HUMANISM IN SOCIETY. FOSTER LEADERS OF PACIFISM IN THE WORLD. FOSTER LEADERS FOR THE CREATIVE COEXISTENCE OF NATURE AND HUMANITY. BASED ON THE SUA EDUCATIONAL PRINCIPLES, EDUCATION IS VIEWED AS AN INTEGRATING PROCESS IN W | MissionDescription |
| Significant New Program Services | false | SignificantNewProgramServices |
| Significant Change | false | SignificantChange |
| Expense | 32657113 | Expense |
| Grants | 7886231 | Grants |
| Revenue | 14591327 | Revenue |
| Description | Bachelor of Arts in Liberal Arts : Bachelor of Arts Degree in the Liberal Arts with concentrations in environmental studies, humanities, international studies, and social and behavioral sciences (426 Students). | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 107192 | Expense |
| Description | Masters in TESOL : Master of Arts Degree in second and foreign language education with a concentration in teaching english to speakers of other languages (TESOL)-(4 students). | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 872672 | Expense |
| Revenue | 419915 | Revenue |
| Description | Pacific Basin Research Center and English as a Second Language ("ESL") Program Services (12 students). | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expense | 33636977 | TotalProgramServiceExpense |
| Described In501 C3 | true | DescribedIn501C3 |
| Schedule B Required | true | ScheduleBRequired |
| Political Activities | false | PoliticalActivities |
| Lobbying Activities | false | LobbyingActivities |
| Donor Advised Funds | false | DonorAdvisedFunds |
| Conservation Easements | false | ConservationEasements |
| Collections Of Art | true | CollectionsOfArt |
| Credit Counseling | false | CreditCounseling |
| Term Or Permanent Endowments | true | TermOrPermanentEndowments |
| Balance Sheet Amounts Reported | true | BalanceSheetAmountsReported |
| Independent Audit Financial Stmt | true | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | false | ConsolidatedAuditFinancialStmt |
| School | true | School |
| Foreign Office | false | ForeignOffice |
| Foreign Activities | false | ForeignActivities |
| More Than5000 K To Organizations | false | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividuals |
| Professional Fundraising | false | ProfessionalFundraising |
| Fundraising Activities | true | FundraisingActivities |
| Gaming | false | Gaming |
| Hospital | false | Hospital |
| Grants To Organizations | false | GrantsToOrganizations |
| Grants To Individuals | true | GrantsToIndividuals |
| Schedule J Required | true | ScheduleJRequired |
| Tax Exempt Bonds | false | TaxExemptBonds |
| Excess Benefit Transaction | false | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | false | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | true | LoanToOfficerOrDQP |
| Grant To Related Person | false | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | false | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | true | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | false | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | false | DeductibleNonCashContributions |
| Deductible Contributions Of Art | false | DeductibleContributionsOfArt |
| Terminated | false | Terminated |
| Partial Liquidation | false | PartialLiquidation |
| Disregarded Entity | false | DisregardedEntity |
| Related Entity | true | RelatedEntity |
| Related Org Controlled Entity | false | RelatedOrgControlledEntity |
| Transfers To Exempt Non Chrtbl Org | false | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | false | ActivitiesConductedPartnership |
| Schedule O Required | true | ScheduleORequired |
| Number Forms Transmitted With1096 | 75 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | true | ComplianceWithBackupWitholding |
| Number Of Employees | 404 | NumberOfEmployees |
| Employment Tax Returns Filed | true | EmploymentTaxReturnsFiled |
| Unrelated Business Income | true | UnrelatedBusinessIncome |
| Form990-T Filed | true | Form990-TFiled |
| Foreign Financial Account | false | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTrans |
| Taxable Party Notification | false | TaxablePartyNotification |
| Non Deductible Contributions | false | NonDeductibleContributions |
| Quid Pro Quo Contributions | true | QuidProQuoContributions |
| Quid Pro Quo Disclosure | true | QuidProQuoDisclosure |
| Form8282 Property Disposed Of | true | Form8282PropertyDisposedOf |
| Number Of8282 Filed | 0 | NumberOf8282Filed |
| Funds To Pay Premiums | false | FundsToPayPremiums |
| Premiums Paid | false | PremiumsPaid |
| Nbr Voting Governing Body Members | 14 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 12 | NumberIndependentVotingMembers |
| Family Or Business Relationship | true | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | false | DelegationOfManagementDuties |
| Changes To Organizing Docs | false | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuse |
| Members Or Stockholders | true | MembersOrStockholders |
| Election Of Board Members | true | ElectionOfBoardMembers |
| Decisions Subject To Approval | true | DecisionsSubjectToApproval |
| Minutes Of Governing Body | true | MinutesOfGoverningBody |
| Minutes Of Committees | true | MinutesOfCommittees |
| Officer Mailing Address | false | OfficerMailingAddress |
| Local Chapters | false | LocalChapters |
| Form990 Provided To Governing Body | true | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | true | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | true | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | true | RegularMonitoringEnforcement |
| Whistleblower Policy | true | WhistleblowerPolicy |
| Document Retention Policy | true | DocumentRetentionPolicy |
| Compensation Process CEO | true | CompensationProcessCEO |
| Compensation Process Other | true | CompensationProcessOther |
| Investment In Joint Venture | false | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | CA | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | ARCHIBALD ASAWA | NamePerson |
| Telephone Number | 9494804000 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1 UNIVERSITY DRIVE | AddressLine1 |
| City | ALISO VIEJO | City |
| State | CA | State |
| ZIP Code | 926568081 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (25 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer | Key EmployeeKeyEmployee | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|---|
| STEPHEN S DUNHAM JD | ||||||||
| TRUSTEE-CHAIR | 1.0 | X | 0 | 0 | 0 | |||
| TARIQ HASAN PHD | ||||||||
| TRUSTEE-VICE CHAIR | 1.0 | X | 0 | 0 | 0 | |||
| YOSHIHISA BABA PHD | ||||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | |||
| MATILDA BUCK | ||||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | |||
| LAWRENCE E CARTER SR PHD | ||||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | |||
| MARIA GUAJARDO PHD | ||||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | |||
| CLOTHILDE V HEWLETT JD | ||||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | |||
| LARRY A HICKMAN PHD | ||||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | |||
| KRIS D KNUDSEN JD | ||||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | |||
| KAREN K LEWIS PHD | ||||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | |||
| DANIEL NAGASHIMA MBA | ||||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | |||
| MITSUNARI OKAMOTO MBA | ||||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | |||
| DAVID P ROSELLE PHD | ||||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | |||
| KENJI YOSHIGO | ||||||||
| TRUSTEE | 1.0 | X | 0 | 144108 | 0 | |||
| YOSHINOBU HABUKI | ||||||||
| PRESIDENT & PROF. OF ECONOMICS | 40.0 | 225000 | 0 | 33550 | X | |||
| HIROYOSHI OSHIDA | ||||||||
| CONTROLLER & ASST. TREASURER | 40.0 | 100100 | 0 | 18907 | X | |||
| TOMOKO TAKAHASHI | ||||||||
| PROVOST & VP ACADEMIC AFFAIRS | 40.0 | 190000 | 0 | 22584 | X | |||
| ARCHIBALD E ASAWA | ||||||||
| VP/CFO/CORP. SEC. | 40.0 | 200000 | 0 | 29343 | X | |||
| EDWARD FEASEL | ||||||||
| DEAN OF FACULTY & PROF OF ECON | 40.0 | 183500 | 0 | 26999 | X | |||
| JOHN HEFFRON | ||||||||
| DEAN OF STUDENTS &PROF-HISTORY | 40.0 | 161000 | 0 | 36493 | X | |||
| ARIE A GALLES | ||||||||
| PROGRAM DIRECTOR | 40.0 | 157294 | 0 | 22154 | X | |||
| SAEED FAKHRIRAVARI | ||||||||
| DIRECTOR - IT/LIBRARY DIRECTOR | 40.0 | 135999 | 0 | 22987 | X | |||
| ROBERT ALLINSON | ||||||||
| PROFESSOR OF PHILOSOPHY | 40.0 | 133500 | 0 | 23790 | X | |||
| JAMES MEROD | ||||||||
| PROFESSOR- AMERICAN LITERATURE | 40.0 | 141786 | 0 | 23789 | X | |||
| ARNOLD KAWASAKI | ||||||||
| ASSISTANT TO THE PRESIDENT | 40.0 | 130996 | 0 | 28955 | X | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 1759175 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 144108 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 289551 | TotalOtherCompensation |
| Number Individuals GT100 K | 39 | NumberIndividualsGT100K |
| Formers Listed | false | FormersListed |
| Total Comp GT150 K | true | TotalCompGT150K |
| Compensation From Other Sources | false | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| ZIMMER GUNSUL FRASCA ARCHITECTS LLP | |||||
| 320 SW OAK STREET SUITE 500 | PORTLAND | OR | 97204 | ARCHITECTS | 1251378 |
| FACILITY SERVICE PARTNERS LLC | |||||
| 19201 WILLOW BROOK LANE | TRABUCO CANYON | CA | 92679 | CAMPUS MAINTENANCE | 2812816 |
| CAMBRIDGE ASSOCIATES LLC | |||||
| 100 SUMMER STREET | BOSTON | MA | 021102112 | INVEST. CONSULTING | 809185 |
| KPMG LLP | |||||
| PO Box 120001 | Dallas | TX | 756120966 | Accounting Services | 137760 |
| RW BUCK ASSOCIATES | |||||
| 16 CELOSIA | RANCHO SANTA MARGARITA | CA | 92688 | PROJECT MGMT. | 205388 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 10 | NumberOfContractorsGT100K |
| Fundraising Events | 844727 | FundraisingEvents |
| Government Grants | 417401 | GovernmentGrants |
| All Other Contributions | 15096942 | AllOtherContributions |
| Total Contributions | 16359070 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| TUITION & FEES | 611710 | 10849949 | 10849949 |
| SALES/SERVICES OF AUXILIARY ENTERPRISES | 721000 | 4161293 | 4161293 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 15011242 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 7521554 | TotalRevenueColumn |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | -261361 | UnrelatedBusinessRevenue |
| Exclusion | $7,782,915 | ExclusionAmount |
Income From Invest Bond Proceeds IncomeFromInvestBondProceeds
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Royalties Revenue RoyaltiesRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 504327 | Real |
Less Rental Expenses LessRentalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 216038 | Real |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 288289 | Real |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 288288 | TotalRevenueColumn |
| Exclusion | $288,288 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 298351114 | Securities |
| Other | 536630 | Other |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 292388126 | Securities |
| Other | 9774164 | Other |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 5962988 | Securities |
| Other | -9237534 | Other |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -3274546 | TotalRevenueColumn |
| Unrelated Business Revenue | 26350 | UnrelatedBusinessRevenue |
| Exclusion | -$3,300,896 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 34625 | GrossIncomeFundraisingEvents |
| Cntrbtns Rprtd Fundraising Events | 844727 | CntrbtnsRprtdFundraisingEvents |
| Fundraising Direct Expenses | 219066 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -184441 | TotalRevenueColumn |
| Exclusion | -$184,440 | ExclusionAmount |
Net Income From Gaming NetIncomeFromGaming
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Other Revenue Misc OtherRevenueMisc (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | ExclusionExclusionAmount |
|---|---|---|---|
| PROPERTY TAX REFUND | 531390 | 2925575 | $2,925,575 |
| VARIOUS TRANSACTIONAL REFUND | 900099 | 36631 | $36,631 |
| MISCELLANEOUS REVENUE | 900099 | 17587 | $17,587 |
Miscellaneous Revenue MiscellaneousRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 6832 | TotalRevenueColumn |
| Exclusion | $6,832 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 2986625 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 38707792 | TotalRevenueColumn |
| Related Or Exempt Function Income | 15011242 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | -235011 | UnrelatedBusinessRevenue |
| Exclusion | $7,572,492 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 7886231 | Total |
| Program Services | 7886231 | ProgramServices |
Foreign Grants ForeignGrants
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Benefits To Members BenefitsToMembers
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1227474 | Total |
| Program Services | 407991 | ProgramServices |
| Management And General | 819483 | ManagementAndGeneral |
Comp Disqual Persons CompDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 10177779 | Total |
| Program Services | 6975061 | ProgramServices |
| Management And General | 2911567 | ManagementAndGeneral |
| Fundraising | 291151 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 858331 | Total |
| Program Services | 519000 | ProgramServices |
| Management And General | 316203 | ManagementAndGeneral |
| Fundraising | 23128 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1975948 | Total |
| Program Services | 1245045 | ProgramServices |
| Management And General | 677659 | ManagementAndGeneral |
| Fundraising | 53244 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 876128 | Total |
| Program Services | 574516 | ProgramServices |
| Management And General | 279519 | ManagementAndGeneral |
| Fundraising | 22093 | Fundraising |
Fees For Services Management FeesForServicesManagement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 130638 | Total |
| Management And General | 130638 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 166815 | Total |
| Management And General | 166815 | ManagementAndGeneral |
Fees For Services Lobbying FeesForServicesLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2144003 | Total |
| Management And General | 2144003 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1819133 | Total |
| Program Services | 1315763 | ProgramServices |
| Management And General | 495244 | ManagementAndGeneral |
| Fundraising | 8126 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 589071 | Total |
| Program Services | 773 | ProgramServices |
| Management And General | 588298 | ManagementAndGeneral |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1089751 | Total |
| Program Services | 687598 | ProgramServices |
| Management And General | 354835 | ManagementAndGeneral |
| Fundraising | 47318 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 812061 | Total |
| Program Services | 394015 | ProgramServices |
| Management And General | 414646 | ManagementAndGeneral |
| Fundraising | 3400 | Fundraising |
Royalties Royalties
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3627627 | Total |
| Program Services | 2469801 | ProgramServices |
| Management And General | 1157826 | ManagementAndGeneral |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 150185 | Total |
| Program Services | 14425 | ProgramServices |
| Management And General | 132986 | ManagementAndGeneral |
| Fundraising | 2774 | Fundraising |
Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 12081 | Total |
| Program Services | 12081 | ProgramServices |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Payments To Affiliates PaymentsToAffiliates
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 8207698 | Total |
| Program Services | 6507063 | ProgramServices |
| Management And General | 1700635 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 688917 | Total |
| Management And General | 688917 | ManagementAndGeneral |
Other Expenses OtherExpenses (5 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| FOOD SERVICE EXPENSE | 1415268 | 1415268 | ||
| INTERNSHIP EXPENSES | 1216112 | 1216112 | ||
| SECURITY | 514887 | 514887 | ||
| ATHLETICS & REC. PROGRAMS | 312706 | 312706 | ||
| STUDENT WORK STUDY | 289254 | 207235 | 75591 | 6428 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2421714 | Total |
| Program Services | 1476293 | ProgramServices |
| Management And General | 793803 | ManagementAndGeneral |
| Fundraising | 151618 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 48609812 | Total |
| Program Services | 33636977 | ProgramServices |
| Management And General | 14363555 | ManagementAndGeneral |
| Fundraising | 609280 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 200 | BOY |
| EOY | 200 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3360389 | BOY |
| EOY | 8891723 | EOY |
Receivables From Officers Etc ReceivablesFromOfficersEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 300000 | BOY |
| EOY | 300000 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1927710 | BOY |
| EOY | 2283960 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 10497594 | BOY |
| EOY | 300515 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 402923573 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 80715079 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 289657446 | BOY |
| EOY | 322208494 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 162978588 | BOY |
| EOY | 132424229 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 317963525 | BOY |
| EOY | 366888127 | EOY |
Investments Program Related InvestmentsProgramRelated
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4619041 | BOY |
| EOY | 4795963 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4704317 | BOY |
| EOY | 4704317 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 796008810 | BOY |
| EOY | 842797528 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4814532 | BOY |
| EOY | 9139703 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 34995 | BOY |
| EOY | 48580 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4849527 | BOY |
| EOY | 9188283 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 350104407 | BOY |
| EOY | 360517076 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 144692393 | BOY |
| EOY | 175373578 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 296362483 | BOY |
| EOY | 297718591 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 791159283 | BOY |
| EOY | 833609245 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 796008810 | BOY |
| EOY | 842797528 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | false | AccountantCompileOrReview |
| FS Audited | true | FSAudited |
| Audit Committee | true | AuditCommittee |
| Financial Statement Separate | X | FinancialStatementSeparate |
| Federal Grant Audit Required | true | FederalGrantAuditRequired |
| Federal Grant Audit Performed | true | FederalGrantAuditPerformed |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School170b1 Aii | X | School170b1Aii |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| 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) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
Art Public Exhibition Amts ArtPublicExhibitionAmts
| Field | Value | IRS element (for citing) |
|---|---|---|
| Revenues Included | 0 | RevenuesIncluded |
| Assets In Part X | 4704317 | AssetsInPartX |
Held Works Of Art Amts HeldWorksOfArtAmts
| Field | Value | IRS element (for citing) |
|---|---|---|
| Revenues Included | 0 | RevenuesIncluded |
| Assets In Part X | 0 | AssetsInPartX |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collect Used For Public Exhibition | X | CollectUsedForPublicExhibition |
| Collect Used For Scholar Research | X | CollectUsedForScholarResearch |
| Collect Used For Preservation | X | CollectUsedForPreservation |
| Collect Used For Loan Or Exch Prgrms | X | CollectUsedForLoanOrExchPrgrms |
| Solicited Assets For Sale | false | SolicitedAssetsForSale |
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 438744555 | BeginningOfYearBalance |
| Contributions | 9628330 | Contributions |
| Investment Earnings Or Losses | 54264241 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 5500000 | GrantsOrScholarships |
| Other Expenditures | 15400000 | OtherExpenditures |
| Administrative Expenses | 1226244 | AdministrativeExpenses |
| End Of Year Balance | 480510882 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 556623526 | BeginningOfYearBalance |
| Contributions | 8254310 | Contributions |
| Investment Earnings Or Losses | -102272073 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 5700000 | GrantsOrScholarships |
| Other Expenditures | 16200000 | OtherExpenditures |
| Administrative Expenses | 2662365 | AdministrativeExpenses |
| End Of Year Balance | 438043398 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.38041 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.61959 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.00000 | TermEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | false | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | false | EndowmentsHeldByRelatedOrgs |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 0 | InvestmentCostOrOtherBasis |
| Other Cost Or Other Basis | 44634547 | OtherCostOrOtherBasis |
| Book Value | 44634547 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 0 | InvestmentCostOrOtherBasis |
| Other Cost Or Other Basis | 285257085 | OtherCostOrOtherBasis |
| Depreciation | 64113617 | Depreciation |
| Book Value | 221143468 | BookValue |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 0 | InvestmentCostOrOtherBasis |
| Other Cost Or Other Basis | 0 | OtherCostOrOtherBasis |
| Depreciation | 0 | Depreciation |
| Book Value | 0 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 0 | InvestmentCostOrOtherBasis |
| Other Cost Or Other Basis | 13578479 | OtherCostOrOtherBasis |
| Depreciation | 12593026 | Depreciation |
| Book Value | 985453 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 0 | InvestmentCostOrOtherBasis |
| Other Cost Or Other Basis | 59453462 | OtherCostOrOtherBasis |
| Depreciation | 4008436 | Depreciation |
| Book Value | 55445026 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 322208494 | TotalOfBookValueLandBuildings |
| Financial Derivatives | FinancialDerivatives | |
| Closely Held Equity Interests | CloselyHeldEquityInterests |
Other Securities OtherSecurities (13 entries)
| DescriptionDescription | Book ValueBookValue | Method Of ValuationMethodOfValuation |
|---|---|---|
| U.S. EQUITY SEC. FUNDS | 8258215 | F |
| GLOBAL EQUITY FUNDS | 32261634 | F |
| JAPAN EQUITY FUNDS | 0 | F |
| EMERGING MARKET FUNDS | 22923778 | F |
| BOND FUNDS | 55824326 | F |
| MUTUAL FUNDS | 3739721 | F |
| HEDGE FUNDS | 8982515 | F |
| INFLATION PROTECTION FUNDS | 30727545 | F |
| U.S. EQUITY SEC. FUNDS | 29757341 | F |
| BOND FUNDS | 14423737 | F |
| HEDGE FUNDS | 112247338 | F |
| INFLATION PROTECTION FUNDS | 18043324 | F |
| EQUITY, AND OTHER FUNDS | 29698653 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 366888127 | TotalOfBookValueSecurities |
| Total Revenue | 38707792 | TotalRevenue |
| Total Expenses | 48609812 | TotalExpenses |
| Excess Or Deficit For Year | -9902020 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | 46640363 | NetUnrealizedGLOnInvestments |
| Other | $5,711,622 | OtherAmount |
| Total Adjustments | 52351985 | TotalAdjustments |
| Excess Or Deficit Per FS | 42449965 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 82382406 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 46640363 | NetUnrealizedGainsInvestments |
| Other Revenues | 6146726 | OtherRevenues |
| Revenue Not Rptd F990 | 52787089 | RevenueNotRptdF990 |
| Revenue Subtotal | 29595317 | RevenueSubtotal |
| Investment Expenses Not Included | 1226244 | InvestmentExpensesNotIncluded |
| Other Revenues Not Included | 7886231 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 9112475 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 38707792 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 39932441 | TotExpensesEtcAuditedFinclStmt |
| Other Expenses Included | 435104 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 435104 | ExpensesNotRptdF990 |
| Expenses Subtotal | 39497337 | ExpensesSubtotal |
| Investment Expenses Not Included2 | 1226244 | InvestmentExpensesNotIncluded2 |
| Other Expenses Not Included | 7886231 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 9112475 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 48609812 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (7 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Collection of Art | SCHEDULE D, PART III, Line 4, | Variety of painting, sculptures and rare books are available for research and loaning as a public benefit. |
| REVENUE ON RETURN BUT NOT ON BOOKS | FORM 990, SCHEDULE D, PART XII, LINE 4B | SCHOLARSHIPS REPORTED AS NET ON FINANCIAL STATEMENTS $7,886,231 |
| REVENUE ON BOOKS BUT NOT ON RETURN | FORM 990 SCHEDULE D, PART XII, LINE 2D | INCOME FROM PARTNERSHIP INVESTMENTS $5,711,622 RENTAL EXPENSE REPORTED NET ON RETURN $ 216,038 FUNDRAISING EXPENSE REPORTED NET ON RETURN $ 219,066 _____________ TOTAL $6,146,726 |
| Endowment Funds | SCHEDULE D, PART V, Line 4, | THE ENDOWMENT PROCEEDS FUND SCHOLARSHIPS, UNIVERSITY OPERATIONS, CAPITAL RENEWAL, ACADEMIC RESEARCH AND SUPPORT FOR CLASSROOMS. |
| EXPENSES ON BOOKS BUT NOT ON RETURN | form 990, schedule d, part xiii, line 2d | FUNDRAISING EXPENSE REPORTED NET OF REVENUE ON RETURN $219,066 RENTAL EXPENSE REPORTED NET OF REVENUE ON RETURN $216,038 ___________ TOTAL $435,104 |
| EXPENSES ON RETURN BUT NOT ON BOOKS | form 990, schedule D, part XIII, line 4b | SCHOLARSHIPS REPORTED AS NET ON FINANCIAL STATEMENTS $7,886,231 |
| RECONCILIATION OF CHANGE IN NET ASSETS | FORM 990, SCHEDULE D, PART XI, LINE 8 | INCOME FROM PARTNERSHIP INVESTMENTS $5,711,622 |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | true | NondiscriminatoryPolicyStmt |
| Policy Statement In Brochures Etc | true | PolicyStatementInBrochuresEtc |
| Policy Publ Via Broadcast Media | true | PolicyPublViaBroadcastMedia |
| Pub Via Broadcast Media Expln | CLASSIFIED ADVERTISING: SOKA UNIVERSITY PUBLISHES ITS NONDISCRIMINATORY POLICY IN THE NEWSPAPER IN ORDER TO MAKE THE POLICY KNOWN TO ALL PARTS OF THE GENERAL COMMUNITY IT SERVES. | PubViaBroadcastMediaExpln |
| Maint Racial Composition Records | true | MaintRacialCompositionRecords |
| Maint Scholarships Records | true | MaintScholarshipsRecords |
| Maint Copies Of Brochures Etc | true | MaintCopiesOfBrochuresEtc |
| Maint Copies Of All Solicitations | true | MaintCopiesOfAllSolicitations |
| Discriminate Race Students Rights | false | DiscriminateRaceStudentsRights |
| Discriminate Race Admiss Policies | false | DiscriminateRaceAdmissPolicies |
| Discriminate Race Emplmn Faculty | false | DiscriminateRaceEmplmnFaculty |
| Discriminate Race Scholarships | false | DiscriminateRaceScholarships |
| Discriminate Race Educ Policies | false | DiscriminateRaceEducPolicies |
| Discriminate Race Use Of Fclts | false | DiscriminateRaceUseOfFclts |
| Discriminate Race Athletic Prog | false | DiscriminateRaceAthleticProg |
| Discriminate Race Other Acty | false | DiscriminateRaceOtherActy |
| Government Financial Aid Received | true | GovernmentFinancialAidReceived |
| Government Financial Aid Revoked | false | GovernmentFinancialAidRevoked |
| Govt Financial Aid Explanation | U.S. DEPARTMENT OF EDUCATION FEDERAL PELL GRANT PROGRAM FEDERAL SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANT FEDERAL WORK STUDY | GovtFinancialAidExplanation |
| Compliance With Rev Proc7550 | true | ComplianceWithRevProc7550 |
Schedule G IRS990ScheduleG
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | PEACE GALA | NameOfEvent1 |
| Gross Receipts Event1 | 879352 | GrossReceiptsEvent1 |
| Charitable Contributions Event1 | 844727 | CharitableContributionsEvent1 |
| Gross Revenue Event1 | 34625 | GrossRevenueEvent1 |
| Other Direct Expenses Event1 | 219066 | OtherDirectExpensesEvent1 |
| Name Of Event2 | NONE | NameOfEvent2 |
| Total Number Of Other Events | 0 | TotalNumberOfOtherEvents |
| Gross Receipts Total | 879352 | GrossReceiptsTotal |
| Charitable Contributions Total | 844727 | CharitableContributionsTotal |
| Gross Revenue Total Events | 34625 | GrossRevenueTotalEvents |
| Other Direct Expenses Total Events | 219066 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 219066 | DirectExpenseSummaryEvents |
| Net Income Summary | -184441 | NetIncomeSummary |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | true | RecordsMaintained |
| Total Nbr Of501 C3 And Govt Grants | 0 | TotalNbrOf501C3AndGovtGrants |
| Total Nbr Of Other Organizations | 0 | TotalNbrOfOtherOrganizations |
Form990 Schedule I Part III Form990ScheduleIPartIII (6 entries)
| Type Of GrantTypeOfGrant | Number Of RecipientsNumberOfRecipients | Amount Of Cash GrantAmountOfCashGrant | Amount Of Non Cash AssistanceAmountOfNonCashAssistance | Method Of ValuationMethodOfValuation | Description Of Non Cash AssistanceDescriptionOfNonCashAssistance |
|---|---|---|---|---|---|
| INSTITUTIONAL GRANT | 235 | 3947341 | 0 | N/A | N/A |
| FEDERAL SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANT | 74 | 9125 | 0 | N/A | N/A |
| PELL - GRANT | 95 | 417401 | 0 | N/A | N/A |
| INSTITUTIONAL GRANT - MERIT SCHOLARSHIP | 317 | 3411858 | 0 | N/A | N/A |
| INSTITUTIONAL GRANT - RESIDENTIAL AWARDS | 11 | 96720 | 0 | N/A | N/A |
| FEDERAL WORK STUDY | 23 | 3786 | 0 | N/A | N/A |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | FORM 990, SCHEDULE I, PART I, LINE 2 | Identifier |
| Return Reference | PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS IN THE UNITED STATES | ReturnReference |
| Explanation | Soka University of America serves as a conduit to receive and disburse student aid funds from governmental agencies such as the Department of Education under these following programs: Federal Supplemental Educational Opportunity Grant Federal Pell Award Grant Program Federal Work Study Institutional grants are given by Soka University of America to eligible students who meet specific academic and achievement criteria. The purposes of these grants are clearly communicated to the recipients and are internally used for educational purposes. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form990 Of Other Organizations | X | Form990OfOtherOrganizations |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | false | SeverancePayment |
| Supplemental Nonqual Retire Plan | false | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | false | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | false | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | false | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | false | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | false | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | false | AnyNonFixedPayments |
| Initial Contract Exception | false | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII (10 entries)
| Base Compensation Filing OrgBaseCompensationFilingOrg | Comp Based On Related OrgsCompBasedOnRelatedOrgs | Bonus Filing OrgBonusFilingOrg | Bonus Related OrgsBonusRelatedOrgs | Other Compensation Filing OrgOtherCompensationFilingOrg | Other Compensation Related OrgsOtherCompensationRelatedOrgs | Deferred Comp Filing OrgDeferredCompFilingOrg | Deferred Comp Related OrgsDeferredCompRelatedOrgs | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs | Total Compensation Filing OrgTotalCompensationFilingOrg | Total Compensation Related OrgsTotalCompensationRelatedOrgs | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg | Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| YOSHINOBU HABUKI | |||||||||||||
| 225000 | 0 | 0 | 0 | 0 | 0 | 22500 | 0 | 11050 | 0 | 258550 | 0 | 0 | 0 |
| EDWARD FEASEL | |||||||||||||
| 183500 | 0 | 0 | 0 | 0 | 0 | 18350 | 0 | 8649 | 0 | 210499 | 0 | 0 | 0 |
| ARIE A GALLES | |||||||||||||
| 157294 | 0 | 0 | 0 | 0 | 0 | 15729 | 0 | 6425 | 0 | 179448 | 0 | 0 | 0 |
| SAEED FAKHRIRAVARI | |||||||||||||
| 135999 | 0 | 0 | 0 | 0 | 0 | 13600 | 0 | 9387 | 0 | 158986 | 0 | 0 | 0 |
| ROBERT ALLINSON | |||||||||||||
| 133500 | 0 | 0 | 0 | 0 | 0 | 13350 | 0 | 10440 | 0 | 157290 | 0 | 0 | 0 |
| JAMES MEROD | |||||||||||||
| 141786 | 0 | 0 | 0 | 0 | 0 | 14179 | 0 | 9610 | 0 | 165575 | 0 | 0 | 0 |
| ARNOLD KAWASAKI | |||||||||||||
| 130996 | 0 | 0 | 0 | 0 | 0 | 13100 | 0 | 15855 | 0 | 159951 | 0 | 0 | 0 |
| TOMOKO TAKAHASHI | |||||||||||||
| 190000 | 0 | 0 | 0 | 0 | 0 | 19000 | 0 | 3584 | 0 | 212584 | 0 | 0 | 0 |
| ARCHIBALD E ASAWA | |||||||||||||
| 200000 | 0 | 0 | 0 | 0 | 0 | 20000 | 0 | 9343 | 0 | 229343 | 0 | 0 | 0 |
| JOHN HEFFRON | |||||||||||||
| 161000 | 0 | 0 | 0 | 0 | 0 | 16100 | 0 | 20393 | 0 | 197493 | 0 | 0 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | DETERMINATION OF COMPENSATION | Identifier |
| Return Reference | FORM 990, SCHEDULE J, PART I, LINE 3 | ReturnReference |
| Explanation | TRUSTEES OF SOKA UNIVERSITY OF AMERICA THAT ARE COMPENSATED BY SOKA GAKKAI, A RELATED ORGANIZATION, ARE COMPENSATED BASED UPON THE POLICY ESTABLISHED BY SOKA GAKKAI. THE COMPENSATION POLICY OF THE RELATED ORGANIZATION UTILIZED THE FOLLOWING METHODS TO ESTABLISH THE TOP MANAGEMENT OFFICIAL'S COMPENSATION: COMPENSATION COMMITTEE, WRITTEN EMPLOYMENT CONTRACT, AND APPROVAL BY THE BOARD/COMPENSATION COMMITTEE. | Explanation |
Schedule L IRS990ScheduleL
Loan Table LoanTable (2 entries)
| Purpose Of LoanPurposeOfLoan | Loan From OrganizationLoanFromOrganization | Original PrincipalOriginalPrincipalAmount | Balance DueBalanceDue | DefaultDefault | Approved By BoardApprovedByBoard | Written AgreementWrittenAgreement |
|---|---|---|---|---|---|---|
| ARIE A GALLES | ||||||
| COMPENSATION PACKAGE | X | $150,000 | 150000 | false | true | true |
| TOMOKO TAKAHASHI | ||||||
| COMPENSATION PACKAGE | X | $150,000 | 150000 | false | true | true |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Balance Due | 300000 | TotalBalanceDue |
Form990 Schedule L Part IV Form990ScheduleLPartIV
Name Of Interested Person NameOfInterestedPerson
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | RUBY NAGASHIMA | NamePerson |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationship | FAMILY MEMBER OF TRUSTEE | Relationship |
| Amount Of Transaction | 37317 | AmountOfTransaction |
| Description Of Transaction | salary and benefits | DescriptionOfTransaction |
| Sharing Of Revenues | false | SharingOfRevenues |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (8 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| member information | form 990, part vi, section a, questions 6, 7a and 7b | Question 6: the organization is incorporated in the state of california as a 501(c)(3) non-profit public benefit corporation with a sole member, the soka gakkai. Question 7a: the organization's sole member has the right to vote for the election or removal of the members of the governing body. question 7b: decisions of the governing body regarding the disposition of all or substantially all of the assets of the organization, merger or dissolution of the organization, and any amendments to the articles of incorporation and most amendments to the bylaws are subject to approval by the sole member. |
| process of reviewing form 990 | form 990, part vi, section b, question 11 | The Board of Trustees has delegated the review of the Form 990 to the Audit Committee. The organization's Chief Financial Officer works closely with the outside accounting firm it engages to review the return; and the final form of the 990 return is also reviewed by the Controller prior to providing the form to the Audit Committee. In addition to consulting with the Controller and Chief Financial Officer, the Audit Committee may at its discretion meet with any other university personnel involved with the preparation of the Form 990. The Audit Committee also met with the accounting firm hired to prepare the Form 990. Subsequent to its review, the Audit Committee reports back to the Board regarding its oversight of the Form 990 and the final version is provided to all of the voting members of the board before the return is filed. |
| monitoring and enforcing compliance with the conflict of interest policy | form 990, part vi, section b, question 12c | The Board Secretary is charged with monitoring proposed or ongoing transactions for conflicts of interest and addressing any potential or actual conflicts. Pursuant to the Conflict of Interest Policy, an annual conflict of interest questionnaire, aimed at determining any family and business relationships and transactions or other transactions that may pose a potential conflict, is distributed to all covered persons (i.e., board members, officers and executive leadership or key employees). Covered persons are required to disclose real or potential conflicts at the time when such conflicts arise. When someone becomes a covered person and annually thereafter, each covered person is required to sign a statement affirming that he/she: (1) has received a copy of the Conflict of Interest Policy; (2) has read the Policy and understands said Policy; and (3) agrees to comply with all requirements of the Policy, including completing the conflict of interest questionnaire. The completed questionnaires are reviewed by the Board Secretary and any persons with actual or potential conflicts are informed via written communication. The procedures for addressing any conflict of interest includes, but is not limited to, the following: (1) the conflicting interest is fully disclosed to the Board; (2) the interested person responds to factual questions related to the substance of the transaction or arrangement being considered, after which he/she shall leave the meeting; (3) the person with the conflict of interest is excluded from the discussion and approval or disapproval of such transaction; (4) alternatives to the proposed transaction are investigated, competitive bids or comparable valuations are obtained; (5) any conflicting issues during the course of a Board meeting which cannot be resolved is referred to the Executive Committee; and (6) the transaction or action must be approved by a majority of disinterested persons. |
| process of determining compensation | form 990, part vi, section b, line 15 a & b | Compensation arrangements involving any of the organization's officers or key employees are established pursuant to a process that satisfies the rebuttable presumption of reasonableness as provided for in IRC Sec. 4958 (excess benefit transaction tax). This process requires a review of compensation determinations by disinterested persons, the use of comparability data, and contemporaneous documentation of the decision making process. THE BOARD REVIEWS THE ANNUAL PERFORMANCE OF OFFICERS AND KEY EMPLOYEES. THE OFFICERS AND KEY EMPLOYEES INCLUDE THE PRESIDENT, PROVOST AND VICE PRESIDENT FOR ACADEMIC AFFAIRS, VICE PRESIDENT FOR FINANCE AND ADMINISTRATION AND CHIEF FINANCIAL OFFICER AND CHIEF INVESTMENT OFFICER, DEAN OF FACULTY AND DEAN OF STUDENTS. THE BOARD PERFORMS PERIODIC REVIEW AND DETERMINATION OF APPROPRIATE COMPENSATION LEVELS FOR THE PREVIOUSLY MENTIONED OFFICERS AND KEY EMPLOYEES BASED UPON EXTERNAL SALARY DATA. THEIR MOST RECENT REVIEW TOOK PLACE ON MAY 28, 2008 AND INCLUDED BENCHMARKING DATA FOR THE TOTAL COMPENSATION AND BENEFITS PACKAGES OF OFFICERS AND KEY EMPLOYEES, INCLUDING TOTAL ECONOMIC BENEFITS PAID BY ORGAINZATIONS WHICH THE GOVERNING BODY BELIEVES ARE SIMILARY SITUATED FOR SIMILAR JOB RESPONSIBILITIES, AS OBTAINED FROM INDEPENDENT THIRD-PARTY SOURCES. The Board's written records include the (1) terms of the arrangement with the disqualified person (including the date the arrangement was approved); (2) a list of trustees present during the debate on the transaction (and how the members voted when it was approved); and (3) a description of the comparable data relied on by the Committee. Key deliberations, a description of the comparability data, how it was obtained, the members present and how they voted, was documented in the minutes which are approved at the next board meeting. Comparable data are kept with the minutes of the meeting or with the Board Secretary. |
| governing document disclosure | form 990, part vi, section c, question 19 | The organization's governing documents, conflict of interest policy and financial statements are available upon request. |
| relationships among board members | form 990, part vi, section a, line 2 | TARIQ HASAN AND DANIEL NAGASHIMA ARE EMPLOYED AS OFFICERS OF SOKA GAKKAI INTERNATIONAL-USA, A CALIFORNIA NONPROFIT RELIGIOUS BENEFIT CORPORATION ("SGI-USA"). YOSHINOBU HABUKI, CLOTHILDE HEWLETT AND DANIEL NAGASHIMA SERVE AS DIRECTORS OF SGI-USA. |
| FUNDRAISING EVENTS | FORM 990, SCHEDULE G, PART II | THE GALA-CELEBRATING A VISION OF PEACE FUNDRAISING EVENT REPORTED ON SCHEDULE G PART II, FORM 990 PART VIII, AND ATTACHMENT 7, REFLECTS A NET LOSS OF $184,441. HOWEVER, THE TRUE ECONOMIC IMPACT OF THIS EVENT RESULTS IN $660,286 OF NET PROCEEDS. THE IRS REQUIRES THAT THE CONTRIBUTION REVENUE COMPONENT BE SEPARATELY REPORTED ON PART VIII, LINE 1C. |
| EXPLANATION FOR TRANSACTIONS WITH RELATED ORGANIZATIONS | Schedule R, Part V, Line 2, Column (c) | The University also received a $175,000 grant from its supporting organization. The amount reported on Line 2, column (c) represents the cash amount received. The organization used the following methods to determine the value of the services, cash and other assets reported in column (c) of Schedule R, Part V, relating to organizations that it controls: Line No: Method: 1c, gift grant cash (market) |
Schedule R IRS990ScheduleR
Form990 Schedule R Part II Form990ScheduleRPartII (2 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EINEIN | Primary ActivitiesPrimaryActivities | Legal Domicile StateLegalDomicileState | Exempt Code SectionExemptCodeSection | Public Charity StatusPublicCharityStatus | Business Name Line1DirectControllingEntityName/BusinessNameLine1 | Address Line1AddressForeign/AddressLine1 | CityAddressForeign/City | Province Or StateAddressForeign/ProvinceOrState | CountryAddressForeign/Country | Legal Domicile Foreign CountryLegalDomicileForeignCountry |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| LUIS & LINDA NIEVES FAMILY FOUNDATION | ||||||||||||||
| 1174 MONTICELLO ROAD | NAPA | CA | 94558 | 202054708 | SUPPORTING | CA | 501(C)(3) | 11A | NA | |||||
| SOKA GAKKAI | ||||||||||||||
| RELIGIOUS | N/A | N/A | NA | 32 SHINANO-MACHI SHINJUKU-KU | TOKYO | 160-8583 | JA | JA | ||||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | false | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | false | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | true | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | false | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | false | LoansOrGuaranteesFromOtherOrg |
| Sale Of Assets To Other Org | false | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | false | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | false | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | false | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | false | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | false | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | false | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | false | SharingOfFacilities |
| Sharing Of Paid Employees | false | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | false | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | false | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | false | OtherTransferToOtherOrg |
| Other Transfer From Other Org | false | OtherTransferFromOtherOrg |
Transactions Related Orgs Table TransactionsRelatedOrgsTable
Name Of Other Organization NameOfOtherOrganization
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LOUIS & LINDA NIEVES FAMILY FOUNDATION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transaction Type | c | TransactionType |
| Amount Involved | 175000 | AmountInvolved |