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PACE UNIVERSITY: Form 990, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
PACE UNIVERSITY (EIN 13-5562314)
Tax period
2024-07-01 to 2025-06-30
Filed
2026-04-22
IRS object ID
202611129349300426
Schema version
2024v5.2
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)
Return2026-04-22T10:51:41-04:00ReturnTs
Tax Period End2025-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1PwC US Tax LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line12001 MARKET ST SUITE 1800AddressLine1Txt
CityPHILADELPHIACityNm
State AbbreviationPAStateAbbreviationCd
ZIP19103ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2024-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN135562314EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1PACE UNIVERSITYBusinessNameLine1Txt
FieldValueIRS element (for citing)
In Care Of% ROBERT C ALMONInCareOfNm
Business Name ControlPACEBusinessNameControlTxt
Phone9149232402PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1ONE PACE PLAZAAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP100381598ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJOSEPH CAPPARELLIPersonNm
Person TitleVP FIN, CNTRLLR, CCOPersonTitleTxt
Phone9149232402PhoneNum
Signature2026-04-21SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (true)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonSAPNA P VASUPreparerPersonNm
PTINP00545692PTIN
Phone2673303000PhoneNum
Preparation2026-04-15PreparationDt
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerMARVIN KRISLOVPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1ONE PACE PLAZAAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP100381598ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$781,258,436GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.PACE.EDUWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1906FormationYr
Legal Domicile StateNYLegalDomicileStateCd
Activity Or MissionPACE UNIVERSITY CONSIDERS TEACHING AND LEARNING ITS PRIORITY. PACE IS COMMITTED TO THE NEEDS OF ITS QUALIFIED AND DIVERSE STUDENT POPULATION.ActivityOrMissionDesc
Voting Members Governing Body35VotingMembersGoverningBodyCnt
Voting Members Independent33VotingMembersIndependentCnt
Total Employee5074TotalEmployeeCnt
Total Volunteers1669TotalVolunteersCnt
Total Gross UBI$107,845TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$38,077,053PYContributionsGrantsAmt
CY Contributions Grants$39,066,327CYContributionsGrantsAmt
PY Program Service Revenue$647,121,351PYProgramServiceRevenueAmt
CY Program Service Revenue$652,185,817CYProgramServiceRevenueAmt
PY Investment Income$19,640,250PYInvestmentIncomeAmt
CY Investment Income$21,303,631CYInvestmentIncomeAmt
PY Other Revenue$2,849,536PYOtherRevenueAmt
CY Other Revenue$6,552,424CYOtherRevenueAmt
PY Total Revenue$707,688,190PYTotalRevenueAmt
CY Total Revenue$719,108,199CYTotalRevenueAmt
PY Grants And Similar Paid$234,995,444PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$246,808,794CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$240,587,923PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$251,755,136CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$532,159PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$465,824CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$8,290,657CYTotalFundraisingExpenseAmt
PY Other Expenses$207,176,499PYOtherExpensesAmt
CY Other Expenses$208,299,635CYOtherExpensesAmt
PY Total Expenses$683,292,025PYTotalExpensesAmt
CY Total Expenses$707,329,389CYTotalExpensesAmt
PY Revenues Less Expenses$24,396,165PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$11,778,810CYRevenuesLessExpensesAmt
Total Assets BOY$1,406,912,201TotalAssetsBOYAmt
Total Assets EOY$1,582,267,641TotalAssetsEOYAmt
Total Liabilities BOY$897,979,934TotalLiabilitiesBOYAmt
Total Liabilities EOY$1,040,814,249TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$508,932,267NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$541,453,392NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionPACE UNIVERSITY EDUCATES STUDENTS TO BE "THINKING PROFESSIONALS", HIGHLY SOUGHT AFTER AS INNOVATORS AND SUCCESSFUL LEADERS WHO POSITIVELY IMPACT TWENTY-FIRST CENTURY SOCIETY.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$157,769,825ExpenseAmt
Grant$0GrantAmt
Revenue$562,688,304RevenueAmt
DescINSTRUCTIONAL - TO PROVIDE PERSONNEL, SUPPLIES, EQUIPMENT AND OTHER MATERIALS FOR THE INSTRUCTION OF FULL AND PART-TIME GRADUATE AND UNDERGRADUATE STUDENTS.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$246,808,794ExpenseAmt
Grant$246,808,794GrantAmt
Revenue$0RevenueAmt
DescSCHOLARSHIPS - TO PROVIDE STUDENTS WITH ACADEMIC AND/OR NEED-BASED TUITION ASSISTANCE.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$97,052,032ExpenseAmt
Grant$0GrantAmt
Revenue$78,504,733RevenueAmt
DescAUXILIARIES - TO MEET NON-INSTRUCTIONAL NEEDS OF STUDENTS SUCH AS DORMS AND CAFETERIA SERVICES.Desc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp (3 entries)

ExpenseExpenseAmtGrantGrantAmtRevenueRevenueAmtDescDesc
$68,614,911$0$9,047,270ACADEMIC SUPPORT
$50,619,558$0$1,945,510STUDENT SERVICES
$3,725,759$0$0RESEARCH
FieldValueIRS element (for citing)
Total Other Prog Srvc Expense$122,960,228TotalOtherProgSrvcExpenseAmt
Total Other Prog Srvc Grant$0TotalOtherProgSrvcGrantAmt
Total Other Prog Srvc Revenue$10,992,780TotalOtherProgSrvcRevenueAmt
Total Program Service Expenses$624,590,879TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredYes (true)ScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesYes (true)LobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtYes (true)CollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Donor Rstr Or Quasi EndowmentsYes (true)DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (true)ReportLandBuildingEquipmentInd
Report Investments Other SecYes (true)ReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsYes (true)ReportOtherAssetsInd
Report Other LiabilitiesYes (true)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (true)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (true)IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtfalseConsolidatedAuditFinclStmtInd
School OperatingYes (true)SchoolOperatingInd
Foreign OfficeYes (true)ForeignOfficeInd
Foreign ActivitiesYes (true)ForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingYes (true)ProfessionalFundraisingInd
Fundraising ActivitiesYes (true)FundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Grants To IndividualsYes (true)GrantsToIndividualsInd
Schedule J RequiredYes (true)ScheduleJRequiredInd
Tax Exempt BondsYes (true)TaxExemptBondsInd
Invest Tax Exempt BondsfalseInvestTaxExemptBondsInd
Escrow AccountYes (true)EscrowAccountInd
On Behalf Of IssuerfalseOnBehalfOfIssuerInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemYes (true)BusinessRlnWithFamMemInd
Business Rln With35 Ctrl EntYes (true)BusinessRlnWith35CtrlEntInd
Deductible Non Cash ContriYes (true)DeductibleNonCashContriInd
Deductible Art ContributionYes (true)DeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityYes (true)RelatedEntityInd
Related Organization Ctrl EntYes (true)RelatedOrganizationCtrlEntInd
Transaction With Control EntYes (true)TransactionWithControlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document611IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (true)BackupWthldComplianceInd
Employee5074EmployeeCnt
Employment Tax Returns FiledYes (true)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitYes (true)UnrelatedBusIncmOverLimitInd
Form990 T FiledYes (true)Form990TFiledInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Quid Pro Quo ContributionsYes (true)QuidProQuoContributionsInd
Quid Pro Quo Contri DisclYes (true)QuidProQuoContriDisclInd
Form8282 Property Disposed OffalseForm8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst IncfalseSubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members35GoverningBodyVotingMembersCnt
Independent Voting Member33IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersfalseElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyYes (true)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (true)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (true)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (true)WhistleblowerPolicyInd
Document Retention PolicyYes (true)DocumentRetentionPolicyInd
Compensation Process CEOYes (true)CompensationProcessCEOInd
Compensation Process OtherYes (true)CompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
States Where Copy Of Return Is FldNYStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonROBERT C ALMONPersonNm
Phone2123461227PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line178 NORTH BROADWAY E-HOUSEAddressLine1Txt
CityWHITE PLAINSCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10603ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (77 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtKey EmployeeKeyEmployeeIndHighest Compensated EmployeeHighestCompensatedEmployeeIndFormer Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd
MARVIN KRISLOV
PRESIDENT40.00.0Yes (X)Yes (X)$741,937$0$423,151
ROBERT C ALMON
EVP & CFO40.00.0Yes (X)$439,605$0$70,213
JONATHAN HILL
INTM PROVOST, AS OF 7/2440.00.0Yes (X)$348,401$0$144,490
LAWRENCE SINGLETON
DEAN, LUBIN SCHOOL OF BUSINESS40.00.0$372,966$0$97,299Yes (X)
HORACE ANDERSON
Dean, School of Law40.00.0$380,099$0$90,059Yes (X)
DANIEL BAUGHER
PROFESSOR40.00.0$429,393$0$36,200Yes (X)
GARY LAERMER
VP DEV & ALUM RLTNS TILL 12/2440.00.0Yes (X)$399,769$0$50,196
JOSEPH FRANCO
FMR. PROVOST, till 6/2440.00.0$375,704$0$61,877Yes (X)
JOSEPH A CAPPARELLI
VP FIN, CONTROLLER & CCO40.00.0Yes (X)$351,455$0$81,533
TRESMAINE GRIMES
DEAN, DYSON COLLEGE40.00.0$358,871$0$51,527Yes (X)
MICHELLE SIMON
PROFESSOR40.00.0$320,656$0$74,381Yes (X)
NICOLE THOMPSON
SENIOR VP OPERATIONS40.00.0Yes (X)$328,245$0$61,195
ROBINA C SCHEPP
VP FOR ENROLLMENT & PLACEMENT40.00.0Yes (X)$333,684$0$50,831
BRIDGET CRAWFORD
PROFESSOR40.00.0$309,522$0$70,988Yes (X)
BETH GORDON
VP IT and CIO40.00.0Yes (X)$271,828$0$94,483
YA TANG
PROFESSOR40.00.0$291,938$0$71,516Yes (X)
IBOLYA YOLAS
VP UNIV FACILITIES & CAP PROJ40.00.0Yes (X)$298,132$0$62,437
ESMA PALJEVIC
INTM DEAN, CHP AS OF 7/2440.00.0$291,888$0$65,387Yes (X)
TERRYL BROWN
VP AND GENERAL COUNSEL40.00.0Yes (X)$303,640$0$41,412
THERESA LANT
PROFESSOR40.00.0$314,138$0$23,479Yes (X)
CINDY HEILBERGER
VP FOR CORPORATE SECRETARY40.00.0Yes (X)$269,361$0$53,231
NIRA HERRMANN
FORMER DEAN, DYSON COLLEGE40.00.0$283,560$0$25,819Yes (X)
JENNIFER HOLMES
DEAN, SANDS COLLEGE40.00.0$280,304$0$28,340Yes (X)
LI-CHIOU CHEN
INTM DEAN, SEID AS OF 8/2440.00.0$231,734$0$73,874Yes (X)
JEAN C GALLAGHER
VP STRAT. INITV TILL 2/2540.00.0Yes (X)$227,639$0$75,951
SHAWN O'RILEY
VP STRATEGIC PLAN (AS OF 3/25)40.00.0Yes (X)$226,358$0$73,122
NILA BHAUMIK
VP FOR HUMAN RESOURCES40.00.0Yes (X)$267,656$0$29,272
BELINDA ANDERSON
INTM DEAN, CHP AS OF 7/2440.00.0$241,906$0$49,452Yes (X)
LISA VALENTINO
FORMER INTERIM VP/GC TILL 4/2440.00.0$249,666$0$40,566Yes (X)
JEFFREY BARNETT
VP STUDENT AFFR AND DEAN40.00.0Yes (X)$214,832$0$73,743
RICHARD SCHLESINGER
FRMR DEAN, DYSON COLLEGE40.00.0$231,231$0$56,328Yes (X)
SONIA SUCHDAY
TRUSTEE FT FAC TILL 10/2440.00.0Yes (X)$249,365$0$36,583
VINCENT CLARK
INTM VP DEV & ALUM AS OF 1/2540.00.0Yes (X)$212,954$0$71,935
STEPHANIE AKUNVABEY
AVP, CDO40.00.0Yes (X)$199,502$0$73,720
LEILA FRANCHI
FORMER VP FOR UNIV RELATIONS40.00.0$201,926$0$54,018Yes (X)
THOMAS M BRADY
TREASURER40.00.0Yes (X)$228,050$0$19,122
ZACHARIAH HOSSEINI
CMO & VP FOR UNVI RLTNS40.00.0Yes (X)$208,105$0$23,277
SUSAN DONAHUE
FMR INTM AVP HR TILL 9/2140.00.0$164,675$0$65,802Yes (X)
MARCUS TYE
DEAN, COLL HLTH TILL 7/2440.00.0$181,988$0$39,914Yes (X)
BERNARD DUFRESNE
FMR INTM AVP CDO TILL 7/2340.00.0$179,761$0$23,512Yes (X)
LISA FASTENBERG
TRUSTEE/FT FAC MB AS OF 12/240.00.0Yes (X)$101,101$0$62,508
PETA-GAY CLARKE
TRUSTEE1.00.0Yes (X)$8,319$0$0
PHOTEINE M ANAGNOSTOPOULOS
TRUSTEE1.00.0Yes (X)$0$0$0
BARBARA A ABELES
TRUSTEE (AS OF 3/25)1.00.0Yes (X)$0$0$0
MARK M BESCA
TRUSTEE1.00.0Yes (X)$0$0$0
MICHAEL A CLINTON
TRUSTEE1.00.0Yes (X)$0$0$0
MICHAEL DISIMONE
TRUSTEE1.00.0Yes (X)$0$0$0
CHRISTOPHER A EDWARDS
TRUSTEE1.00.0Yes (X)$0$0$0
LISA FASTENBERG
TRUSTEE FT FAC MBR AS OF 12/2440.00.0Yes (X)$0$0$0
JOSEPH R FICALORA
TRUSTEE1.00.0Yes (X)$0$0$0
MARKI FLANNERY
TRUSTEE1.00.0Yes (X)$0$0$0
JOHN A GERSON
TRUSTEE1.00.0Yes (X)$0$0$0
THOMAS P GIBBONS
TRUSTEE1.00.0Yes (X)$0$0$0
CYNTHIA GREER GOLDSTEIN
TRUSTEE1.00.0Yes (X)$0$0$0
BARRY M GOSIN
TRUSTEE1.00.0Yes (X)$0$0$0
SABRINA A GRIFFIN
TRUSTEE (AS OF 3/25)1.00.0Yes (X)$0$0$0
LILIANE A HAUB
TRUSTEE1.00.0Yes (X)$0$0$0
HEMANT KHEMKA
TRUSTEE1.00.0Yes (X)$0$0$0
DAVID Z HIRSH
TRUSTEE1.00.0Yes (X)$0$0$0
DOV HOROWITZ
TRUSTEE1.00.0Yes (X)$0$0$0
JOSEPH IANNIELLO
TRUSTEE1.00.0Yes (X)$0$0$0
CHARLES MAK
TRUSTEE1.00.0Yes (X)$0$0$0
MARTIN MCELROY
TRUSTEE1.00.0Yes (X)$0$0$0
AUDREY MURPHY
TRUSTEE1.00.0Yes (X)$0$0$0
DONNA MURPHY
TRUSTEE1.00.0Yes (X)$0$0$0
JOHN T O'CONNOR
TRUSTEE (TILL 4/25)1.00.0Yes (X)$0$0$0
THOMAS J QUINLAN III
TRUSTEE1.00.0Yes (X)$0$0$0
ROBERT ROBOTTI
TRUSTEE1.00.0Yes (X)$0$0$0
CHRISTOPHER ROKER
TRUSTEE1.00.0Yes (X)$0$0$0
ROBERT S SANDS
TRUSTEE1.00.0Yes (X)$0$0$0
SHAUN E SMITH
TRUSTEE1.00.0Yes (X)$0$0$0
LANA BAILEY-TAMARO
TRUSTEE1.00.0Yes (X)$0$0$0
EUGENE M TOBIN
TRUSTEE1.00.0Yes (X)$0$0$0
MARIE J TOULANTIS
TRUSTEE1.00.0Yes (X)$0$0$0
ROBERT TUCKER
TRUSTEE (TILL 8/24)1.00.0Yes (X)$0$0$0
SUSAN S WALLACH
TRUSTEE1.00.0Yes (X)$0$0$0
RICHARD F ZANNINO
TRUSTEE1.00.0Yes (X)$0$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$8,554,469TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$1,979,869TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K597IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedYes (true)FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (true)TotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
TURNER CONSTRUCTION
66 HUDSON BLVD EASTNEW YORKNY10001CONSTRUCTION$53,185,968
CHARTWELLS DINING SERVICE
303 CROSSWAYS PARK DRIVEWOODBURYNY11797FOOD SERVICES$17,360,599
ALLIED UNIVERSAL SECURITY SERVICES
EIGHT TOWER BRIDGE 161 WASHINGTONCONSHOHOCKENPA19428SECURITY$12,160,294
COLLINS BUILDING SERVICES
24-01 44TH ROAD 15TH FLLONG ISLAND CITYNY11101CLEANING$11,467,819
JRM CONSTRUCTION MANAGEMENT LLC
242 WEST 36TH STREET 9TH FLNEW YORKNY10018CONSTRUCTION$4,877,325
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K214CntrctRcvdGreaterThan100KCnt
Fundraising$1,874,740FundraisingAmt
Government Grants$23,405,583GovernmentGrantsAmt
All Other Contributions$13,786,004AllOtherContributionsAmt
Noncash Contributions$894,589NoncashContributionsAmt
Total Contributions$39,066,327TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (5 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
TUITION AND FEES900099$573,177,176$573,177,176
DORMITORY RENTALS900099$61,041,660$61,041,660
FOOD SERVICE REVENUE900099$17,463,073$17,463,073
ACADEMIC ACTIVITIES900099$264,118$264,118
BOOKSTORE COMMISSIONS900099$145,676$145,676

Total Oth Program Service Rev TotalOthProgramServiceRevGrp

FieldValueIRS element (for citing)
Total Revenue Column$94,114TotalRevenueColumnAmt
Related Or Exempt Func Income$94,114RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$652,185,817TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$4,824,888TotalRevenueColumnAmt
Unrelated Business Revenue$107,845UnrelatedBusinessRevenueAmt
Exclusion$4,717,043ExclusionAmt

Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp

FieldValueIRS element (for citing)
Total Revenue Column$4,634,771TotalRevenueColumnAmt
Exclusion$4,634,771ExclusionAmt

Royalties Revenue RoyaltiesRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$111,016TotalRevenueColumnAmt
Exclusion$111,016ExclusionAmt

Gross Rents GrossRentsGrp

FieldValueIRS element (for citing)
Real$1,249,947RealAmt

Less Rental Expenses LessRentalExpensesGrp

FieldValueIRS element (for citing)
Real$1,241,859RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real$8,088RealAmt
Personal$0PersonalAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$8,088TotalRevenueColumnAmt
Exclusion$8,088ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$71,767,473SecuritiesAmt
Other-$750OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$59,922,751SecuritiesAmt
Other$0OtherAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$11,844,722SecuritiesAmt
Other-$750OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$11,843,972TotalRevenueColumnAmt
Exclusion$11,843,972ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$400,765FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event$1,874,740ContriRptFundraisingEventAmt
Fundraising Direct Expenses$985,627FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column-$584,862TotalRevenueColumnAmt
Exclusion-$584,862ExclusionAmt
FieldValueIRS element (for citing)
Gaming Gross Income$0GamingGrossIncomeAmt
Gaming Direct Expenses$0GamingDirectExpensesAmt

Net Income From Gaming NetIncomeFromGamingGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt
FieldValueIRS element (for citing)
Gross Sales Of Inventory$0GrossSalesOfInventoryAmt
Cost Of Goods Sold$0CostOfGoodsSoldAmt

Net Income Or Loss NetIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Other Revenue Misc OtherRevenueMiscGrp (3 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtExclusionExclusionAmt
CONFERENCE CENTER AND OTHER REVENUE532310$4,291,573$4,291,573
GAIN ON REFUNDING OF DEBT900099$2,704,540$2,704,540
FUNDS HELD BY TRUSTEES900099$22,069$22,069
FieldValueIRS element (for citing)
Other Revenue Total$7,018,182OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$719,108,199TotalRevenueColumnAmt
Related Or Exempt Func Income$652,185,817RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$107,845UnrelatedBusinessRevenueAmt
Exclusion$27,748,210ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$246,808,794TotalAmt
Program Services$246,808,794ProgramServicesAmt

Foreign Grants ForeignGrantsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Benefits To Members BenefitsToMembersGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$9,093,368TotalAmt
Program Services$3,170,351ProgramServicesAmt
Management And General$5,480,060ManagementAndGeneralAmt
Fundraising$442,957FundraisingAmt

Comp Disqual Persons CompDisqualPersonsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$179,519,597TotalAmt
Program Services$151,963,954ProgramServicesAmt
Management And General$23,628,625ManagementAndGeneralAmt
Fundraising$3,927,018FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$11,847,107TotalAmt
Program Services$10,023,960ProgramServicesAmt
Management And General$1,563,986ManagementAndGeneralAmt
Fundraising$259,161FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$37,741,715TotalAmt
Program Services$31,951,764ProgramServicesAmt
Management And General$4,963,823ManagementAndGeneralAmt
Fundraising$826,128FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$13,553,349TotalAmt
Program Services$11,185,517ProgramServicesAmt
Management And General$2,055,259ManagementAndGeneralAmt
Fundraising$312,573FundraisingAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$718,502TotalAmt
Program Services$279,771ProgramServicesAmt
Management And General$438,731ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$376,007TotalAmt
Management And General$376,007ManagementAndGeneralAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

FieldValueIRS element (for citing)
Total$133,952TotalAmt
Management And General$133,952ManagementAndGeneralAmt

Fees For Services Prof Fundraising FeesForServicesProfFundraising

FieldValueIRS element (for citing)
Total$465,824TotalAmt
Fundraising$465,824FundraisingAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$1,161,008TotalAmt
Management And General$1,161,008ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$12,677,762TotalAmt
Program Services$6,348,734ProgramServicesAmt
Management And General$6,137,345ManagementAndGeneralAmt
Fundraising$191,683FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$3,405,881TotalAmt
Program Services$3,235,967ProgramServicesAmt
Management And General$169,914ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$7,942,328TotalAmt
Program Services$9,828,481ProgramServicesAmt
Management And General-$2,013,822ManagementAndGeneralAmt
Fundraising$127,669FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$10,769,209TotalAmt
Program Services$3,363,338ProgramServicesAmt
Management And General$7,108,264ManagementAndGeneralAmt
Fundraising$297,607FundraisingAmt

Royalties RoyaltiesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$100,282,148TotalAmt
Program Services$84,682,151ProgramServicesAmt
Management And General$15,599,997ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$3,422,327TotalAmt
Program Services$3,072,547ProgramServicesAmt
Management And General$313,607ManagementAndGeneralAmt
Fundraising$36,173FundraisingAmt

Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$653,259TotalAmt
Program Services$505,387ProgramServicesAmt
Management And General$113,521ManagementAndGeneralAmt
Fundraising$34,351FundraisingAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$7,237,618TotalAmt
Program Services$6,651,484ProgramServicesAmt
Management And General$586,134ManagementAndGeneralAmt

Payments To Affiliates PaymentsToAffiliatesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$22,636,995TotalAmt
Program Services$20,691,598ProgramServicesAmt
Management And General$1,945,397ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$3,748,939TotalAmt
Program Services$2,056,914ProgramServicesAmt
Management And General$1,692,025ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
MEAL COSTS,STUDENT ACTIVITY$16,827,842$16,756,609$0$71,233
EQUIPMENT REPAIR, SERVICES$2,986,491$2,768,519$217,972$0
LIBRARY BOOKS PURCHASES$1,606,789$1,606,789$0$0
OTHER-STUDENT ACTIVITIES$7,546,395$7,546,395$0$0

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$4,166,183TotalAmt
Program Services$91,855ProgramServicesAmt
Management And General$2,776,048ManagementAndGeneralAmt
Fundraising$1,298,280FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$707,329,389TotalAmt
Program Services$624,590,879ProgramServicesAmt
Management And General$74,447,853ManagementAndGeneralAmt
Fundraising$8,290,657FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

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

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$5,905,079BOYAmt
EOY$3,823,754EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$48,100,988BOYAmt
EOY$47,740,104EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$14,242,219BOYAmt
EOY$14,588,982EOYAmt

Receivables From Officers Etc ReceivablesFromOfficersEtcGrp

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

Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp

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

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
BOY$2,572,431BOYAmt
EOY$1,975,991EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

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

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$6,621,799BOYAmt
EOY$6,090,871EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$958,971,260LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$302,866,868LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$548,712,738BOYAmt
EOY$656,104,392EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$152,238,582BOYAmt
EOY$156,808,416EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$114,818,995BOYAmt
EOY$137,296,381EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

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

Intangible Assets IntangibleAssetsGrp

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

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$513,699,370BOYAmt
EOY$557,838,750EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$1,406,912,201BOYAmt
EOY$1,582,267,641EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$51,244,507BOYAmt
EOY$58,972,270EOYAmt

Grants Payable GrantsPayableGrp

FieldValueIRS element (for citing)
BOY$5,368,729BOYAmt
EOY$4,778,439EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$21,759,874BOYAmt
EOY$25,316,492EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$156,850,137BOYAmt
EOY$297,959,065EOYAmt

Escrow Account Liability EscrowAccountLiabilityGrp

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

Loans From Officers Directors LoansFromOfficersDirectorsGrp

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

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$12,059,134BOYAmt
EOY$11,192,137EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

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

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$650,697,553BOYAmt
EOY$642,595,846EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$897,979,934BOYAmt
EOY$1,040,814,249EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$213,026,701BOYAmt
EOY$225,287,313EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$295,905,566BOYAmt
EOY$316,166,079EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$508,932,267BOYAmt
EOY$541,453,392EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,406,912,201BOYAmt
EOY$1,582,267,641EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss$11,778,810ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$20,560,697NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$181,618OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedYes (true)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (true)AuditCommitteeInd
Federal Grant Audit RequiredYes (true)FederalGrantAuditRequiredInd
Federal Grant Audit PerformedYes (true)FederalGrantAuditPerformedInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
SchoolYes (X)SchoolInd

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

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

Schedule C IRS990ScheduleC

FieldValueIRS element (for citing)
Total Grassroots LobbyingTotalGrassrootsLobbyingGrp
Total Direct LobbyingTotalDirectLobbyingGrp
Total Lobbying ExpendTotalLobbyingExpendGrp
Other Exempt Purpose ExpendOtherExemptPurposeExpendGrp
Total Exempt Purpose ExpendTotalExemptPurposeExpendGrp
Lobbying Nontaxable AmountLobbyingNontaxableAmountGrp
Grassroots NontaxableGrassrootsNontaxableGrp
Tot Lbbyng Grassroot Mns Non TxTotLbbyngGrassrootMnsNonTxGrp
Tot Lbby Expend Mns Lbbyng Non TxTotLbbyExpendMnsLbbyngNonTxGrp
VolunteersfalseVolunteersInd
Paid Staff Or ManagementYes (true)PaidStaffOrManagementInd
Media AdvertisementsfalseMediaAdvertisementsInd
Mailings MembersfalseMailingsMembersInd
Publications Or BroadcastfalsePublicationsOrBroadcastInd
Grants Other OrganizationsfalseGrantsOtherOrganizationsInd
Direct Contact LegislatorsYes (true)DirectContactLegislatorsInd
Direct Contact Legislators$120,382DirectContactLegislatorsAmt
Rallies DemonstrationsfalseRalliesDemonstrationsInd
Other ActivitiesYes (true)OtherActivitiesInd
Other Activities$13,570OtherActivitiesAmt
Total Lobbying Expenditures$133,952TotalLobbyingExpendituresAmt
Not Described Section501c3falseNotDescribedSection501c3Ind
Form4720 Filed4912 Tax0Form4720Filed4912TaxInd

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
SCHEDULE C, PART II-B, LINE 1G - LOBBYING ACTIVITIESLOBBYING IS NOT A SUBSTANTIAL PART OF PACE UNIVERSITY'S OVERALL BUDGET. PACE UNIVERSITY ENGAGES IN INSUBSTANTIAL LEGISLATIVE ADVOCACY AT THE FEDERAL LEVEL AND MODEST ACTIVITY AT THE NEW YORK STATE AND NEW YORK CITY LEVELS. THE UNIVERSITY'S LOBBYISTS OCCASIONALLY ADVOCATE FOR APPROPRIATIONS FOR PROGRAMS OF IMPORTANCE TO THE UNIVERSITY. PACE UNIVERSITY RECEIVES FUNDING FOR STUDENT AID FROM THE STATE OF NEW YORK AND THE FEDERAL GOVERNMENT. THE AMOUNT AND CONTINUATION OF THESE FUNDS ARE NOT GUARANTEED. THE MAJORITY OF THE UNIVERSITY'S EFFORTS ARE RELATED TO ACTIVITIES SUPPORTING STUDENT AID. THE UNIVERSITY HAS CONDUCTED MINIMAL LOBBYING ACTIVITIES RELATED TO HIGHER EDUCATION ISSUES, ISSUES THAT AFFECT PACE'S DAY TO DAY OPERATIONS, AND OTHER ISSUES RELATED TO OUR ORGANIZATIONAL MISSION. THE UNIVERSITY ALSO ENGAGES IN LEGISLATIVE ADVOCACY RELATING TO DOMESTIC RELATIONS ISSUES (IN CONNECTION WITH PACE'S WOMEN'S JUSTICE CENTER) AND ENVIRONMENTAL ISSUES (IN CONNECTION WITH PACE'S LAND USE LAW CENTER).
SCHEDULE C, PART II-B, LINE 1I - OTHER LOBBYING ACTIVITIESUNIVERSITY STUDENTS PARTICIPATE IN ANNUAL LOBBY DAY ACTIVITIES ORGANIZED BY CICU (COMMISSION FOR INDEPENDENT COLLEGES AND UNIVERSITIES), DURING WHICH THE STUDENTS, ACCOMPANIED BY OUR REGISTERED LOBBYISTS, MEET WITH ELECTED OFFICIALS TO DISCUSS THE IMPORTANCE OF STATE FINANCIAL AID AND OTHER ISSUES.

Schedule D IRS990ScheduleD

Art Public Exhibition Amounts ArtPublicExhibitionAmountsGrp

FieldValueIRS element (for citing)
Revenues Included$725RevenuesIncludedAmt
Assets Included$1AssetsIncludedAmt
FieldValueIRS element (for citing)
Held Works ArtHeldWorksArtGrp
Collection Used Pub ExhibitionYes (X)CollectionUsedPubExhibitionInd
Solicited Assets SalefalseSolicitedAssetsSaleInd

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$262,098,164BeginningYearBalanceAmt
Contributions$2,931,825ContributionsAmt
Investment Earnings Or Losses$33,446,892InvestmentEarningsOrLossesAmt
Grants Or Scholarships$4,802,563GrantsOrScholarshipsAmt
Other Expenditures$4,735,693OtherExpendituresAmt
End Year Balance$288,938,625EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$232,404,376BeginningYearBalanceAmt
Contributions$2,321,165ContributionsAmt
Investment Earnings Or Losses$36,207,585InvestmentEarningsOrLossesAmt
Grants Or Scholarships$4,504,574GrantsOrScholarshipsAmt
Other Expenditures$4,330,388OtherExpendituresAmt
End Year Balance$262,098,164EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$210,436,818BeginningYearBalanceAmt
Contributions$2,254,474ContributionsAmt
Investment Earnings Or Losses$27,317,270InvestmentEarningsOrLossesAmt
Grants Or Scholarships$4,034,919GrantsOrScholarshipsAmt
Other Expenditures$3,569,268OtherExpendituresAmt
End Year Balance$232,404,375EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$250,615,147BeginningYearBalanceAmt
Contributions$6,347,980ContributionsAmt
Investment Earnings Or Losses-$25,711,021InvestmentEarningsOrLossesAmt
Grants Or Scholarships$3,952,685GrantsOrScholarshipsAmt
Other Expenditures$16,862,603OtherExpendituresAmt
End Year Balance$210,436,818EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$193,827,052BeginningYearBalanceAmt
Contributions$14,599,339ContributionsAmt
Investment Earnings Or Losses$64,091,011InvestmentEarningsOrLossesAmt
Grants Or Scholarships$3,385,180GrantsOrScholarshipsAmt
Other Expenditures$18,517,075OtherExpendituresAmt
End Year Balance$250,615,147EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY0.05550BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY0.49090PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY0.45360TermEndowmentBalanceEOYPct
Endowments Held Unrelated OrgfalseEndowmentsHeldUnrelatedOrgInd
Endowments Held Related OrgYes (true)EndowmentsHeldRelatedOrgInd
Related Org List Sch RYes (true)RelatedOrgListSchRInd

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$12,453,325OtherCostOrOtherBasisAmt
Book Value$12,453,325BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$755,247,014OtherCostOrOtherBasisAmt
Depreciation$176,866,362DepreciationAmt
Book Value$578,380,652BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$48,495,434OtherCostOrOtherBasisAmt
Depreciation$24,971,050DepreciationAmt
Book Value$23,524,384BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$142,005,375OtherCostOrOtherBasisAmt
Depreciation$101,029,456DepreciationAmt
Book Value$40,975,919BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$770,112OtherCostOrOtherBasisAmt
Book Value$770,112BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$656,104,392TotalBookValueLandBuildingsAmt
Financial DerivativesFinancialDerivativesGrp
Closely Held Equity InterestsCloselyHeldEquityInterestsGrp

Other Securities OtherSecuritiesGrp (3 entries)

DescDescBook ValueBookValueAmtMethod ValuationMethodValuationCd
COMINGLED FUNDS$63,164,209F
ALT- INVESTMENTS- LONG/SHORT$22,498,005F
ALT- INVESTMENTS- LLP,LLC$51,634,167F
FieldValueIRS element (for citing)
Total Book Value Securities$137,296,381TotalBookValueSecuritiesAmt

Other Assets Org OtherAssetsOrgGrp (3 entries)

DescDescBook ValueBookValueAmt
FUNDS HELD BY BOND TRUSTEES$57,993,187
INVEST DESIGN FOR CONSTRUCTION$8,570,123
RIGHT OF USE ASSETS$491,275,440
FieldValueIRS element (for citing)
Total Book Value Other Assets$557,838,750TotalBookValueOtherAssetsAmt
Federal Income Tax Liability$0FederalIncomeTaxLiabilityAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)

DescDescAmtAmt
LEASE LIABILITIES$603,000,370
ACCRUED PSTRETIRE. BEN. OBLG.$3,325,489
ASSET RETIREMENT OBLIGATION$36,269,987
FieldValueIRS element (for citing)
Total Liability$642,595,846TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$494,108,198TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$20,560,697NetUnrealizedGainsInvstAmt
Other Revenue$181,618OtherRevenueAmt
Revenue Not Reported$20,742,315RevenueNotReportedAmt
Revenue Subtotal$473,365,883RevenueSubtotalAmt
Investment Expenses Not Incld$1,161,008InvestmentExpensesNotIncldAmt
Other Revenues Not Included$244,581,308OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt$245,742,316RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$719,108,199TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$461,587,073TotExpnsEtcAuditedFinclStmtAmt
Other Expenses Included$2,227,486OtherExpensesIncludedAmt
Expenses Not Reported$2,227,486ExpensesNotReportedAmt
Expenses Subtotal$459,359,587ExpensesSubtotalAmt
Investment Expenses Not Incld2$1,161,008InvestmentExpensesNotIncld2Amt
Other Expenses Not Included$246,808,794OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt$247,969,802ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$707,329,389TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (8 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
SCHEDULE D, PART III, LINE 3A - COLLECTION OF ARTPACE UNIVERSITY HAS SEVERAL ART GALLERIES BETWEEN ITS PLEASANTVILLE AND NEW YORK CITY CAMPUSES THAT SERVE THE GENERAL STUDENT POPULATION WITH COURSES AND EXHIBITIONS. DONATED ARTWORK INCLUDES PHOTOGRAPHS, PAINTINGS AND SCULPTURES AND IS DISPLAYED ON VARIOUS INTERIOR AND EXTERIOR CAMPUS LOCATIONS AND IN SPECIAL EXHIBITIONS DESIGNED TO PROVIDE VISUAL LITERACY AS PART OF THE UNIVERSITY LEARNING EXPERIENCE. AS THE VALUE OF SUCH ART COLLECTIONS IS NOT MATERIAL TO THE UNIVERSITY AS A WHOLE, THE FOOTNOTES TO THE UNIVERSITY'S FINANCIAL STATEMENTS DO NOT INCLUDE RELATED TEXT.
SCHEDULE D, PART V - INTENDED USES OF ENDOWMENT FUNDSTHE UNIVERSITY'S ENDOWMENT CONSISTS OF APPROXIMATELY 474 INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES, INCLUDING SUPPORT OF SCHOLARSHIPS, ACADEMIC PROGRAMS, ACADEMIC CHAIRS, STUDENT ACTIVITIES, RESEARCH, INSTITUTIONAL SUPPORT AND CAPITAL PROJECTS. OUR ENDOWMENT INCLUDES BOTH DONOR RESTRICTED ENDOWMENT FUNDS AND FUNDS DESIGNATED BY THE BOARD OF TRUSTEES TO FUNCTION AS ENDOWMENTS (QUASI ENDOWMENTS). THE UNIVERSITY'S INVESTMENTS ARE MANAGED TO ACHIEVE THE MAXIMUM PRUDENT LONG TERM TOTAL RETURN. THE UNIVERSITY'S BOARD OF TRUSTEES HAS AUTHORIZED A POLICY DESIGNED TO PRESERVE THE VALUE OF THESE INVESTMENTS IN REAL TERMS (AFTER INFLATION) AND PROVIDE A PREDICTABLE FLOW OF FUNDS TO SUPPORT OPERATIONS.
SCHEDULE D, PART IX - OTHER ASSETSTHE BOARD OF TRUSTEES DESIGNATED FUNDS PRIMARILY FOR THE CONSTRUCTION OF A MASTER PLAN FOR THE CAMPUS LOCATED IN NEW YORK CITY. AS OF JUNE 30, 2025, THERE IS $8,570,123 IN INVESTMENTS DESIGNATED FOR CONSTRUCTION, ALL OF WHICH CONSISTS OF CASH AND CASH EQUIVALENTS. THE UNIVERSITY HAS ACCOUNTED FOR THE RIGHT OF USE ASSETS ON ITS BALANCE SHEET IN ACCORDANCE WITH LEASE ACCOUNTING STANDARDS.
SCHEDULE D, PART X - OTHER LIABILITIESINCOME GENERATED THAT IS UNRELATED TO THE UNIVERSITY'S EXEMPT PURPOSE IS SUBJECT TO TAX. THE UNIVERSITY BELIEVES IT DID NOT HAVE ANY MATERIAL TAX LIABILITY NOR ANY SIGNIFICANT UNCERTAIN TAX POSITIONS FOR THE YEAR ENDING JUNE 30, 2025. ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN REFLECTED IN THE UNIVERSITY'S FINANCIAL STATEMENTS. THE UNIVERSITY HAS ACCOUNTED FOR LEASE LIABILITIES ON ITS BALANCE SHEET IN ACCORDENCE WITH LEASE ACCOUNTING STANDARDS.
SCH D, PART XI, LINE 2D-OTHER AMOUNTS INCLUDED IN BOOKS BUT NOT IN RETURNCHANGE IN VALUE OF SPLIT-INTEREST AGREEMENT OF $181,618
SCH D, PART XI, LINE 4B-OTHER AMOUNTS INCLUDED IN RETURN BUT NOT IN BOOKSSCHOLARSHIPS OF $246,808,794 LESS SPECIAL EVENTS EXPENSE OF ($985,627) AND RENT EXPENSE ($1,241,859)
SCH D, PART XII, LN 2D-OTHER EXPENSES INCLUDED IN BOOKS BUT NOT IN RETURNSPECIAL EVENTS EXPENSE OF $985,627 AND RENT EXPENSE OF $1,241,859
SCH D, PART XII, LN 4B-OTHER EXPENSES INCLUDED IN RETURN BUT NOT IN BOOKSSCHOLARSHIPS OF $246,808,794

Schedule E IRS990ScheduleE

FieldValueIRS element (for citing)
Nondiscriminatory Policy StmtYes (true)NondiscriminatoryPolicyStmtInd
Policy Stmt In Brochures EtcYes (true)PolicyStmtInBrochuresEtcInd
Plcy Pblczd Via Broadcast MediaYes (true)PlcyPblczdViaBroadcastMediaInd
Maintain Racial Comp RecsYes (true)MaintainRacialCompRecsInd
Maintain Scholarships RecsYes (true)MaintainScholarshipsRecsInd
Maintain Cpy Of Brochures EtcYes (true)MaintainCpyOfBrochuresEtcInd
Maintain Cpy Of All SolYes (true)MaintainCpyOfAllSolInd
Discriminate Race Stdnts RghtsfalseDiscriminateRaceStdntsRghtsInd
Discriminate Race Admiss PlcyfalseDiscriminateRaceAdmissPlcyInd
Discriminate Race Emplm FcultyfalseDiscriminateRaceEmplmFcultyInd
Discriminate Race SchsfalseDiscriminateRaceSchsInd
Discriminate Race Educ PlcyfalseDiscriminateRaceEducPlcyInd
Discriminate Race Use Of FcltsfalseDiscriminateRaceUseOfFcltsInd
Discriminate Race Athlt ProgfalseDiscriminateRaceAthltProgInd
Discriminate Race Other ActyfalseDiscriminateRaceOtherActyInd
Government Financial Aid RcvdYes (true)GovernmentFinancialAidRcvdInd
Government Financial Aid RvkdfalseGovernmentFinancialAidRvkdInd
Compliance With Rev Proc7550Yes (true)ComplianceWithRevProc7550Ind

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
SCH E, PART I, LN 3 NONDISCRIMINATORY POLICY-STUDENTS' SOLICITATION MTRLSTHE ENROLLMENT MARKETING TEAM AND THE UNIVERSITY'S RELATIONS MARKETING TEAM ARE FULLY KNOWLEDGEABLE OF THE REQUIREMENTS OF THE UNIVERSITY'S RACIALLY NONDISCRIMINATORY POLICY AND ENSURE THAT APPROPRIATE POLICY LANGUAGE IS INCLUDED IN ALL PROMOTIONAL MATERIALS.
SCHEDULE E, PART I, LINE 6A - FINANCIAL AID FROM GOVERNMENTAL AGENCIESTHE UNIVERSITY PARTICIPATES IN STUDENT FINANCIAL AID PROGRAMS THROUGH THE U.S. DEPARTMENT OF EDUCATION (PELL GRANT PROGRAM, DIRECT LOAN PROGRAM, SUPPLEMENTAL EDUCATION OPPORTUNITY GRANT PROGRAM, FEDERAL WORK STUDY PROGRAM, AS WELL AS OTHER SMALLER PROGRAMS) AND U.S. DEPARTMENT OF HEALTH AND HUMAN SERVICES (NURSING STUDENT LOAN PROGRAM AND SCHOLARSHIPS FOR DISADVANTAGED STUDENTS).

Schedule F IRS990ScheduleF

Account Activities Outside US AccountActivitiesOutsideUSGrp (18 entries)

RegionRegionTxtOfficesOfficesCntEmployeeEmployeeCntType Of Activities ConductedTypeOfActivitiesConductedTxtSpecific Services ProvidedSpecificServicesProvidedTxtRegion Total ExpendituresRegionTotalExpendituresAmt
East Asia and the Pacific00Program ServicesConferences,Dues,Other$16,118
Europe (Including Iceland and Greenland)00Program ServicesConferences,Dues,Other$111,956
Middle East and North Africa00Program ServicesConferences,Dues,Other$3,750
North America00Program ServicesConferences,Dues,Other$200
Russia and the Newly Independent States00Program ServicesConferences,Dues,Other$150
South Asia00Program ServicesConferences,Dues,Other$48,454
Central America and the Caribbean00Program ServicesConferences,Dues,Other$531
East Asia and the Pacific00Program ServicesStudy Abroad$8,487
Europe (Including Iceland and Greenland)00Program ServicesStudy Abroad$449,984
North America00Program ServicesStudy Abroad$5,125
Central America and the Caribbean00Program ServicesStudy Abroad$24,957
East Asia and the Pacific05Program ServicesRecruitment$521,586
Europe (Including Iceland and Greenland)03Program ServicesRecruitment$2,432,385
Middle East and North Africa03Program ServicesRecruitment$73,750
Russia and the Newly Independent States00Program ServicesRecruitment$45
South America00Program ServicesRecruitment$3,923
South Asia018Program ServicesRecruitment$531,792
Sub-Saharan Africa01Program ServicesRecruitment$41,705
FieldValueIRS element (for citing)
Subtotal Offices0SubtotalOfficesCnt
Subtotal Employees29SubtotalEmployeesCnt
Continuation Total Office0ContinuationTotalOfficeCnt
Continuation Total Employee1ContinuationTotalEmployeeCnt
Total Office0TotalOfficeCnt
Total Employee30TotalEmployeeCnt
Subtotal Spent$4,233,193SubtotalSpentAmt
Continuation Spent$41,705ContinuationSpentAmt
Total Spent$4,274,898TotalSpentAmt
Transfer To Foreign CorpYes (true)TransferToForeignCorpInd
Interest In Foreign TrustfalseInterestInForeignTrustInd
Foreign Corp OwnershipYes (true)ForeignCorpOwnershipInd
Passive Foreign Investmest CoYes (true)PassiveForeignInvestmestCoInd
Foreign PartnershipYes (true)ForeignPartnershipInd
Boycott CountriesfalseBoycottCountriesInd

Schedule G IRS990ScheduleG

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

Fundraiser Activity Info FundraiserActivityInfoGrp (3 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdActivityActivityTxtFundraiser Control Of FundsFundraiserControlOfFundsIndGross ReceiptsGrossReceiptsAmtRetained By ContractorRetainedByContractorAmtNet To OrganizationNetToOrganizationAmt
Ruffalo Noel Levitz
1025 Kirkwood Parkway SWCedar RapidsIA52404Tele- FUNDRAIsingfalse$113,105$348,495-$235,390
Stelter
10435 NEW YORK AVENUEDES MOINESIA50322Strategyfalse$0$33,180-$33,180
Donor by Design Group
725 W Gilbert RoadPalatineIL60067false$0$84,149-$84,149
FieldValueIRS element (for citing)
Total Gross Receipts$113,105TotalGrossReceiptsAmt
Total Retained By Contractors$465,824TotalRetainedByContractorsAmt
Total Net To Organization-$352,719TotalNetToOrganizationAmt
Licensed StatesALLicensedStatesCd
Licensed StatesAKLicensedStatesCd
Licensed StatesARLicensedStatesCd
Licensed StatesCALicensedStatesCd
Licensed StatesCOLicensedStatesCd
Licensed StatesCTLicensedStatesCd
Licensed StatesDCLicensedStatesCd
Licensed StatesFLLicensedStatesCd
Licensed StatesGALicensedStatesCd
Licensed StatesHILicensedStatesCd
Licensed StatesILLicensedStatesCd
Licensed StatesKSLicensedStatesCd
Licensed StatesKYLicensedStatesCd
Licensed StatesLALicensedStatesCd
Licensed StatesMELicensedStatesCd
Licensed StatesMDLicensedStatesCd
Licensed StatesMALicensedStatesCd
Licensed StatesMILicensedStatesCd
Licensed StatesMNLicensedStatesCd
Licensed StatesMSLicensedStatesCd
Licensed StatesMOLicensedStatesCd
Licensed StatesMTLicensedStatesCd
Licensed StatesNELicensedStatesCd
Licensed StatesNJLicensedStatesCd
Licensed StatesNMLicensedStatesCd
Licensed StatesNYLicensedStatesCd
Licensed StatesNCLicensedStatesCd
Licensed StatesNDLicensedStatesCd
Licensed StatesOHLicensedStatesCd
Licensed StatesOKLicensedStatesCd
Licensed StatesORLicensedStatesCd
Licensed StatesPALicensedStatesCd
Licensed StatesRILicensedStatesCd
Licensed StatesSCLicensedStatesCd
Licensed StatesTNLicensedStatesCd
Licensed StatesUTLicensedStatesCd
Licensed StatesVTLicensedStatesCd
Licensed StatesWALicensedStatesCd
Licensed StatesWILicensedStatesCd

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1SOPAEvent1Nm
Gross Receipts Event1$1,042,639GrossReceiptsEvent1Amt
Charitable Contri Event1$856,164CharitableContriEvent1Amt
Gross Revenue Event1$186,475GrossRevenueEvent1Amt
Cash Prizes Event1$0CashPrizesEvent1Amt
Non Cash Prizes Event1$1,020NonCashPrizesEvent1Amt
Rent Facility Costs Event1$58,808RentFacilityCostsEvent1Amt
Food And Beverage Event1$113,233FoodAndBeverageEvent1Amt
Entertainment Event1$87,015EntertainmentEvent1Amt
Other Direct Expenses Event1$68,509OtherDirectExpensesEvent1Amt
Event2LAW LEADERSHIPEvent2Nm
Gross Receipts Event2$265,716GrossReceiptsEvent2Amt
Charitable Contri Event2$225,645CharitableContriEvent2Amt
Gross Revenue Event2$40,071GrossRevenueEvent2Amt
Cash Prizes Event2$0CashPrizesEvent2Amt
Non Cash Prizes Event2$1,853NonCashPrizesEvent2Amt
Rent Facility Costs Event2$0RentFacilityCostsEvent2Amt
Food And Beverage Event2$34,648FoodAndBeverageEvent2Amt
Entertainment Event2$4,350EntertainmentEvent2Amt
Other Direct Expenses Event2$9,015OtherDirectExpensesEvent2Amt
Other Events Total12OtherEventsTotalCnt
Gross Receipts Other Events$967,151GrossReceiptsOtherEventsAmt
Charitable Contri Other Events$792,931CharitableContriOtherEventsAmt
Gross Revenue Other Events$174,220GrossRevenueOtherEventsAmt
Cash Prizes Other Events$0CashPrizesOtherEventsAmt
Non Cash Prizes Other Events$10,044NonCashPrizesOtherEventsAmt
Rent Fclty Costs Other Events$52,500RentFcltyCostsOtherEventsAmt
Food And Beverage Other Events$101,842FoodAndBeverageOtherEventsAmt
Entertainment Other Events$152,148EntertainmentOtherEventsAmt
Oth Direct Expnss Other Events$290,643OthDirectExpnssOtherEventsAmt
Gross Receipts Total$2,275,506GrossReceiptsTotalAmt
Charitable Contributions Tot$1,874,740CharitableContributionsTotAmt
Gross Revenue Total Events$400,766GrossRevenueTotalEventsAmt
Cash Prizes Total Events$0CashPrizesTotalEventsAmt
Non Cash Prizes Total Events$12,917NonCashPrizesTotalEventsAmt
Rent Fclty Costs Total Events$111,308RentFcltyCostsTotalEventsAmt
Food And Beverage Total Events$249,723FoodAndBeverageTotalEventsAmt
Entertainment Total Events$243,513EntertainmentTotalEventsAmt
Oth Direct Expnss Total Events$368,167OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$985,628DirectExpenseSummaryEventsAmt
Net Income Summary-$584,862NetIncomeSummaryAmt

Schedule I IRS990ScheduleI

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

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

FieldValueIRS element (for citing)
Grant TypeSCHOLARSHIPSGrantTypeTxt
Recipient10449RecipientCnt
Cash Grant$246,808,794CashGrantAmt
Valuation Method UsedBOOKValuationMethodUsedDesc
Non Cash AssistanceTUITION REDUCTIONNonCashAssistanceDesc

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceMONITORING USE OF GRANT FUNDS IN THE USFormAndLineReferenceDesc
ExplanationTHE UNIVERSITY AWARDS FEDERAL AND STATE FINANCIAL AID FUNDS EACH YEAR BASED UPON A STUDENT'S FINANCIAL NEED. ADDITIONALLY, THE UNIVERSITY PROVIDES INSTITUTIONAL AID VIA UNIVERSITY GRANTS ON THE BASIS OF ACADEMIC ACHIEVEMENTS, FINANCIAL NEED, AND OTHER STANDARDS. THE OFFICE OF FINANCIAL AID VERIFIES THE ACADEMIC ACHIEVEMENTS AND THE PERSONAL INCOME DATA PROVIDED FOR ON THE FREE APPLICATION FOR FEDERAL STUDENT AID (FAFSA) OF EACH STUDENT TO DETERMINE THE AMOUNT OF AID AWARDED ON AN AS NEEDED BASIS. THE UNIVERSITY ALSO OFFERS SCHOLARSHIPS FUNDED THROUGH SPECIAL ENDOWMENTS AND DONATIONS, WHICH ARE AWARDED BASED ON SIMILAR STANDARDS AS WELL AS DONOR'S CRITERIA. THE OFFICES OF FINANCIAL AID AND FINANCE CONTINUOUSLY MONITOR STUDENT ELIGIBILITY FOR THESE AWARDS.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Housing Allowance Or ResidenceYes (X)HousingAllowanceOrResidenceInd
Payments For Use Of ResidenceYes (X)PaymentsForUseOfResidenceInd
Club Dues Or FeesYes (X)ClubDuesOrFeesInd
Personal ServicesYes (X)PersonalServicesInd
Written Policy Ref T And E ExpnssYes (true)WrittenPolicyRefTAndEExpnssInd
Substantiation RequiredYes (true)SubstantiationRequiredInd
Compensation CommitteeYes (X)CompensationCommitteeInd
Form990 Of Other OrganizationsYes (X)Form990OfOtherOrganizationsInd
Written Employment ContractYes (X)WrittenEmploymentContractInd
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance PaymentYes (true)SeverancePaymentInd
Supplemental Nonqual Rtr PlanYes (true)SupplementalNonqualRtrPlanInd
Equity Based Comp ArrngmfalseEquityBasedCompArrngmInd
Comp Based On Revenue Of Flng OrgfalseCompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related OrgsfalseCompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng OrgfalseCompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd OrgsfalseCompBsdNetEarnsRltdOrgsInd
Any Non Fixed PaymentsfalseAnyNonFixedPaymentsInd
Initial Contract ExceptionfalseInitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (41 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
RICHARD SCHLESINGER
FRMR DEAN, DYSON COLLEGE$229,995$0$0$0$1,236$0$21,701$0$34,627$0$287,559$0$0$0
JONATHAN HILL
INTM PROVOST, AS OF 7/24$348,005$0$0$0$396$0$31,050$0$113,440$0$492,891$0$0$0
BRIDGET CRAWFORD
PROFESSOR$309,264$0$0$0$258$0$28,625$0$42,363$0$380,510$0$0$0
ROBINA C SCHEPP
VP FOR ENROLLMENT & PLACEMENT$332,922$0$0$0$762$0$30,354$0$20,477$0$384,515$0$0$0
CINDY HEILBERGER
VP FOR CORPORATE SECRETARY$268,599$0$0$0$762$0$32,754$0$20,477$0$322,592$0$0$0
NICOLE THOMPSON
SENIOR VP OPERATIONS$325,478$0$0$0$2,767$0$39,849$0$21,346$0$389,440$0$0$0
NIRA HERRMANN
FORMER DEAN, DYSON COLLEGE$281,416$0$0$0$2,144$0$25,327$0$492$0$309,379$0$0$0
BETH GORDON
VP IT and CIO$271,330$0$0$0$498$0$28,426$0$66,057$0$366,311$0$0$0
JOSEPH FRANCO
FMR. PROVOST, till 6/24$375,068$0$0$0$636$0$41,400$0$20,477$0$437,581$0$0$0
HORACE ANDERSON
Dean, School of Law$379,961$0$0$0$138$0$31,050$0$59,009$0$470,158$0$0$0
TERRYL BROWN
VP AND GENERAL COUNSEL$303,244$0$0$0$396$0$18,600$0$22,812$0$345,052$0$0$0
IBOLYA YOLAS
VP UNIV FACILITIES & CAP PROJ$297,874$0$0$0$258$0$27,810$0$34,627$0$360,569$0$0$0
THOMAS M BRADY
TREASURER$227,004$0$0$0$1,046$0$18,630$0$492$0$247,172$0$0$0
ROBERT C ALMON
EVP & CFO$438,369$0$0$0$1,236$0$31,050$0$39,163$0$509,818$0$0$0
JEAN C GALLAGHER
VP STRAT. INITV TILL 2/25$227,161$0$0$0$478$0$22,179$0$53,772$0$303,590$0$0$0
SONIA SUCHDAY
TRUSTEE FT FAC TILL 10/24$249,107$0$0$0$258$0$18,437$0$18,146$0$285,948$0$0$0
LEILA FRANCHI
FORMER VP FOR UNIV RELATIONS$201,164$0$0$0$762$0$17,891$0$36,127$0$255,944$0$0$0
JOSEPH A CAPPARELLI
VP FIN, CONTROLLER & CCO$319,464$0$0$0$31,991$0$30,261$0$51,272$0$432,988$0$0$0
MARVIN KRISLOV
PRESIDENT$642,473$0$97,500$0$1,964$0$66,050$0$357,101$0$1,165,088$0$0$0
GARY LAERMER
VP DEV & ALUM RLTNS TILL 12/24$398,767$0$0$0$1,002$0$31,050$0$19,146$0$449,965$0$0$0
TRESMAINE GRIMES
DEAN, DYSON COLLEGE$358,109$0$0$0$762$0$31,050$0$20,477$0$410,398$0$0$0
LAWRENCE SINGLETON
DEAN, LUBIN SCHOOL OF BUSINESS$372,204$0$0$0$762$0$31,050$0$66,249$0$470,265$0$0$0
MARCUS TYE
DEAN, COLL HLTH TILL 7/24$181,733$0$0$0$255$0$17,069$0$22,845$0$221,902$0$0$0
JEFFREY BARNETT
VP STUDENT AFFR AND DEAN$214,742$0$0$0$90$0$20,971$0$52,772$0$288,575$0$0$0
NILA BHAUMIK
VP FOR HUMAN RESOURCES$266,490$0$0$0$1,166$0$24,380$0$4,892$0$296,928$0$0$0
STEPHANIE AKUNVABEY
AVP, CDO$199,268$0$0$0$234$0$19,745$0$53,975$0$273,222$0$0$0
BELINDA ANDERSON
INTM DEAN, CHP AS OF 7/24$241,510$0$0$0$396$0$22,626$0$26,826$0$291,358$0$0$0
LI-CHIOU CHEN
INTM DEAN, SEID AS OF 8/24$231,476$0$0$0$258$0$19,402$0$54,472$0$305,608$0$0$0
VINCENT CLARK
INTM VP DEV & ALUM AS OF 1/25$212,816$0$0$0$138$0$20,663$0$51,272$0$284,889$0$0$0
YA TANG
PROFESSOR$291,176$0$0$0$762$0$35,689$0$35,827$0$363,454$0$0$0
LISA FASTENBERG
TRUSTEE/FT FAC MB AS OF 12/2$100,843$0$0$0$258$0$10,633$0$51,875$0$163,609$0$0$0
ESMA PALJEVIC
INTM DEAN, CHP AS OF 7/24$291,390$0$0$0$498$0$26,269$0$39,118$0$357,275$0$0$0
MICHELLE SIMON
PROFESSOR$319,894$0$0$0$762$0$35,218$0$39,163$0$395,037$0$0$0
THERESA LANT
PROFESSOR$125,431$0$0$0$188,707$0$11,382$0$12,097$0$337,617$0$0$0
DANIEL BAUGHER
PROFESSOR$173,366$0$0$0$256,027$0$20,416$0$15,784$0$465,593$0$0$0
SHAWN O'RILEY
VP STRATEGIC PLAN (AS OF 3/25)$226,100$0$0$0$258$0$21,850$0$51,272$0$299,480$0$0$0
JENNIFER HOLMES
DEAN, SANDS COLLEGE$280,214$0$0$0$90$0$25,146$0$3,194$0$308,644$0$0$0
ZACHARIAH HOSSEINI
CMO & VP FOR UNVI RLTNS$208,065$0$0$0$40$0$16,875$0$6,402$0$231,382$0$0$0
LISA VALENTINO
FORMER INTERIM VP/GC TILL 4/24$249,528$0$0$0$138$0$22,770$0$17,796$0$290,232$0$0$0
SUSAN DONAHUE
FMR INTM AVP HR TILL 9/21$164,417$0$0$0$258$0$16,223$0$49,579$0$230,477$0$0$0
BERNARD DUFRESNE
FMR INTM AVP CDO TILL 7/23$179,467$0$0$0$294$0$16,713$0$6,799$0$203,273$0$0$0

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
HOURS, PART VII AND SCHEDULE JCOMPENSATION TO FORMER OFFICERS AND FORMER KEY EMPLOYEES IS BASED ON THEIR RESPECTIVE FACULTY POSITION HELD AT PACE UNIVERSITY DURING THE CALENDAR YEAR 2024. THE AVERAGE HOURS PER WEEK FOR FULL FACULTY POSITION IS 40 HOURS.
SCHEDULE J, PART I, LINE 1A AND 1BTHE PRESIDENT'S EMPLOYMENT CONTRACT PROVIDES AS A CONDITION OF HIS EMPLOYMENT AS PRESIDENT, THAT HE RESIDE IN CLOSE PROXIMITY TO ITS NYC CAMPUS FOR THE BENEFITS AND CONVENIENCE OF THE UNIVERSITY IN HAVING THE FUNCTIONS OF THE OFFICE OF THE PRESIDENT EFFICIENTLY DISCHARGED. THE PRESIDENT'S CONTRACT FURTHER REQUIRES FOR THE CONVENIENCE OF THE UNIVERSITY THAT HIS RESIDENCE BE AVAILABLE AND SHALL BE USED, FOR THE UNIVERSITY-RELATED BUSINESS AND ENTERTAINMENT ON A REGULAR AND CONTINUING BASIS. IN ADDITION, THE PRESIDENT'S CONTRACT PROVIDES THAT THE UNIVERSITY SHALL PAY FOR ALL MAINTENANCE AND OPERATING EXPENSES, INCLUDING GENERAL MAINTENANCE, HOUSEKEEPING, AND ALL UTILITIES INCLUDING TELEPHONE, CABLE, INTERNET, ELECTRIC, GAS, AND WATER. IN ACCORDANCE WITH THE PRESIDENT'S CONTRACT, THE UNIVERSITY ALSO PAYS FOR THE PRESIDENT'S USE OF A RECENT MODEL AUTOMOBILE AND A FULL TIME DRIVER TO ASSIST HIM IN IMPLEMENTING HIS DUTIES ON BEHALF OF THE UNIVERSITY, AS WELL AS ANNUAL DUES AND MEMBERSHIP FEES FOR SOCIAL CLUBS TO FACILITATE THE PRESIDENT'S FUNDRAISING, DEVELOPMENT AND RECRUITING EFFORTS ON BEHALF OF THE UNIVERSITY. THESE COSTS ARE TREATED AS NONTAXABLE BENEFITS TO THE PRESIDENT. SHORT TERM HOUSING ALLOWANCES ARE OCCASIONALLY PROVIDED PER INITIAL HIRING AGREEMENTS AND ARE TREATED AS TAXABLE COMPENSATION. CHAUFFEUR SERVICES ARE PROVIDED PER EMPLOYMENT CONTRACTS FOR UNIVERSITY BUSINESS; ANY PERSONAL TRAVEL EXPENSES ARE TREATED AS TAXABLE COMPENSATION TO THE RESPECTIVE OFFICER. SOCIAL CLUB DUES ARE PAID IN ACCORDANCE WITH INDIVIDUAL EMPLOYMENT CONTRACTS OR BUSINESS CONSIDERATIONS.
SCHEDULE J, PART I, LINE 4AA SEVERANCE PAYMENT OF $255,203 WAS MADE DURING THE REPORTING PERIOD TO DANIEL BAUGHER. A SEVERANCE PAYMENT OF $188,079 WAS MADE DURING THE REPORTING PERIOD TO THERESA LANT. THESE AMOUNTS ARE INCLUDED IN SCHEDULE J, PART II, COLUMN (B)(III).
SCHEDULE J, PART I, LINE 4BTERMS & CONDITIONS OF SUPPLEMENTAL RETIREMENT PLAN AND PAYMENT FOR 2024: DURING 2022, THE UNIVERSITY ENTERED INTO A DEFERRED COMPENSATION AGREEMENT WITH THE PRESIDENT. UNDER THE PLAN, THE ORGANIZATION DEPOSITED $35,000 TO THE PRESIDENT'S DEFERRED COMPENSATION ACCOUNT EACH JUNE 30TH FROM JUNE 30, 2023 THROUGH JUNE 30, 2027. SUCH AMOUNTS VEST OVER THE COURSE OF THE AGREEMENT SO LONG AS THE PRESIDENT REMAINS CONTINUOUSLY EMPLOYED BY THE UNIVERSITY THROUGH JUNE 30, 2027. FOR CALENDAR YEAR 2024, THE RATABLE ACCRUAL OF $35,000 IS INCLUDED IN SCHEDULE J, PART II, COLUMN (C).

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (3 entries)

Bond ReferenceBondReferenceCdBond Issuer EINBondIssuerEINCUSIPCUSIPNumBond IssuedBondIssuedDtIssue PriceIssuePriceAmtPurposePurposeDescDefeasedDefeasedIndOn Behalf Of IssuerOnBehalfOfIssuerIndPool FinancingPoolFinancingInd
DORMITORY AUTHORITY STATE OF NEW YORK SERIES 2024A
A14600029365000B4X32024-07-25$152,995,348FINANCE UNIVERSITY CONSTRUCTIONfalsefalsefalse
DORMITORY AUTHORITY STATE OF NEW YORK SERIES 2024B
B14600029365000B5T12024-08-29$91,849,087REFUNDING (SERIES 2013A AND 2014A)falsefalsefalse
DORMITORY AUTHORITY STATE OF NEW YORK SERIES 2024C
C14600029365000B5U82024-08-29$60,000,000REFUNDING (SERIES 2014A AND 2014B)falsefalsefalse

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (3 entries)

Bond ReferenceBondReferenceCdRetiredRetiredAmtBond DefeasedBondDefeasedAmtTotal ProceedsTotalProceedsAmtIn Reserve FundInReserveFundAmtCapitalized InterestCapitalizedInterestAmtRefunding EscrowRefundingEscrowAmtIssuance Costs From ProceedsIssuanceCostsFromProceedsAmtCredit EnhancementCreditEnhancementAmtWorking Capital ExpendituresWorkingCapitalExpendituresAmtCapital ExpendituresCapitalExpendituresAmtOther Spent ProceedsOtherSpentProceedsAmtUnspentUnspentAmtRefunding Tax Exempt BondsRefundingTaxExemptBondsIndRefunding Taxable BondsRefundingTaxableBondsIndFinal Allocation MadeFinalAllocationMadeIndAdequate Books And Rec MaintAdequateBooksAndRecMaintIndSubstantial CompletionSubstantialCompletionYr
A$0$0$157,832,824$0$116,837$0$1,295,505$0$0$98,196,005$0$58,224,477falsefalsefalseYes (true)
B$3,400,000$0$93,029,930$0$0$0$860,358$0$0$0$92,169,572$0Yes (true)falseYes (true)Yes (true)2018
C$0$0$60,000,000$0$0$0$539,879$0$0$0$59,460,121$0Yes (true)falseYes (true)Yes (true)2018

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (3 entries)

Bond ReferenceBondReferenceCdOwning Bond Financed PropertyOwningBondFinancedPropertyIndAny Lease ArrangementsAnyLeaseArrangementsIndMgmt Contract Bond Fincd PropMgmtContractBondFincdPropIndAny Research AgreementsAnyResearchAgreementsIndPrivate Bus Use By OthersPrivateBusUseByOthersPctPrivate Bus Concerning UBIPrivateBusConcerningUBIPctTotal Private Business UseTotalPrivateBusinessUsePctBond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestIndChange In Use Bond Financed PropChangeInUseBondFinancedPropIndRemedial Action TakenRemedialActionTakenIndProcs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdIndEngage Bond Counsel ContractsEngageBondCounselContractsIndEngage Bond Counsel ResearchEngageBondCounselResearchInd
Afalsefalsefalsefalse0.000000.000000.00000falsefalsefalseYes (true)
BfalsefalseYes (true)Yes (true)0.000000.000000.00000falsefalsefalseYes (true)Yes (true)Yes (true)
CfalsefalseYes (true)Yes (true)0.000000.000000.00000falsefalsefalseYes (true)Yes (true)Yes (true)

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (3 entries)

Bond ReferenceBondReferenceCdForm8038 T FiledForm8038TFiledIndRebate Not Due YetRebateNotDueYetIndException To RebateExceptionToRebateIndNo Rebate DueNoRebateDueIndVariable Rate IssueVariableRateIssueIndHedge Identified In Bks And RecHedgeIdentifiedInBksAndRecIndGross Proceeds Invested In GICGrossProceedsInvestedInGICIndBusiness Name Line1GICProviderName/BusinessNameLine1TxtGross Proceeds InvestedGrossProceedsInvestedIndWritten Proc To Monitor ReqsWrittenProcToMonitorReqsInd
0
AfalseYes (true)falsefalsefalsefalsefalse0falseYes (true)
0
BfalseYes (true)falsefalsefalsefalsefalse0falseYes (true)
0
CfalseYes (true)falsefalseYes (true)falsefalse0falseYes (true)

Procedures Corrective Action ProceduresCorrectiveActionGrp (3 entries)

Bond ReferenceBondReferenceCdProcedures Corrective ActionProceduresCorrectiveActionInd
AYes (true)
BYes (true)
CYes (true)

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
SCHEDULE K, PART I, LINE A, COLUMN(F)THE 2024B AND 2024C BONDS WERE ISSUED TO REFUND BONDS ISSUED ON BEHALF OF THE UNIVERSITY ON MARCH 7, 2013, AND APRIL 3, 2014. THE BONDS WERE ISSUED TO FINANCE AND REFINANCE CERTAIN UNIVERSITY NEW MONEY PROJECTS.
SCHEDULE K, PART II, LINE 3 BONDS PROCEEDS AND CURRENT VALUESTOTAL PROCEEDS OF ISSUE COLUMN A FOR THE DORMITORY AUTHORITY OF THE STATE OF NEW YORK BOND (DASNY) 2024A- THE AMOUNT ON LINE 3 REPRESENTS ORIGINAL ISSUE PRICE OF $152,995,348 (INCLUDING $140,425,000 OF PRINCIPAL AND $12,570,348 OF PREMIUM) AND ACCUMULATED EARNINGS ON THE RELATED CONSTRUCTION FUND THROUGH JUNE 30, 2025 OF $4,837,477. TOTAL PROCEEDS OF ISSUE COLUMN B FOR THE DORMITORY AUTHORITY OF THE STATE OF NEW YORK BOND (DASNY) 2024B- THE AMOUNT ON LINE 3 REPRESENTS ORIGINAL ISSUE PRICE OF $91,849,087 (INCLUDING $84,630,000 OF PRINCIPAL AND $7,219,087 OF PREMIUM) AND ESROW INCOME FROM PROCEEDS THROUGH JUNE 30, 2025 OF $1,180,842.
SCHEDULE K, PART III, LINES 4 AND 5 - PRIVATE BUSINESS USEPACE UNIVERSITY, IN CONJUNCTION WITH THE BOND COUNSEL, MONITORS ACTIVITIES THAT MAY RESULT IN PRIVATE BUSINESS USE. THE PERCENTAGE OF FINANCED PROPERTY USED IN A PRIVATE BUSINESS USE BY THE ENTITIES OTHER THAN A SECTION 501(C)(3) ORGANIZATION OR A STATE OR LOCAL GOVERNMENT, AND THE PERCENTAGE OF FINANCED PROPERTY USED IN A PRIVATE BUSINESS USE AS A RESULT OF UNRELATED TRADE OR BUSINESS ACTIVITIES CARRIED ON BY THE UNIVERSITY, ANOTHER 501(C)(3) ORGANIZATION, OR STATE OR LOCAL GOVERNMENT, IS ZERO.

Schedule L IRS990ScheduleL

Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp (14 entries)

Relationship DescriptionRelationshipDescriptionTxtTransactionTransactionAmtTransactionTransactionDescSharing Of RevenuesSharingOfRevenuesInd
SUBSTANTIAL CONTRIBUTOR
VENDOR$100,669,602CONSTRUCTIONfalse
SUBSTANTIAL CONTRIBUTOR
VENDOR$11,579,532JANITORIAL SERVICESfalse
SUBSTANTIAL CONTRIBUTOR
VENDOR$4,903,203UTILITIESfalse
SUBSTANTIAL CONTRIBUTOR
VENDOR$2,439,451BUILDING SERVICESfalse
SUBSTANTIAL CONTRIBUTOR
VENDOR$846,143BUILDING DESIGN CONSULTANTSfalse
SUBSTANTIAL CONTRIBUTOR
VENDOR$767,509CONSULTINGfalse
SUBSTANTIAL CONTRIBUTOR
VENDOR$526,018CONSTRUCTIONfalse
SUBSTANTIAL CONTRIBUTOR
VENDOR$417,034FURNITUREfalse
SUBSTANTIAL CONTRIBUTOR
VENDOR$348,135PLUMBINGfalse
SUBSTANTIAL CONTRIBUTOR
VENDOR$292,000AUDITING AND TAX SERVICESfalse
SUBSTANTIAL CONTRIBUTOR
VENDOR$215,969CONSTRUCTIONfalse
SUBSTANTIAL CONTRIBUTOR
VENDOR$200,846FIRE ALARM SYSTEMSfalse
SUBSTANTIAL CONTRIBUTOR
VENDOR$186,688PACE TRANSPORTATION FLEETLEASEfalse
SUBSTANTIAL CONTRIBUTOR
VENDOR$125,407LEGAL SERVICESfalse

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE L, PART IV, COLUMN AFormAndLineReferenceDesc
ExplanationTHE NAMES OF SUBSTANTIAL CONTRIBUTORS HAVE NOT BEEN PRESENTED ON SCHEDULE L. SUCH INFORMATION IS PRESENTED ELSEWHERE WITHIN FORM 990 AND/OR IS NOT CONSIDERED PUBLIC INFORMATION SIMILAR TO INFORMATION INCLUDED ON SCHEDULE B.ExplanationTxt

Schedule M IRS990ScheduleM

Works Of Art WorksOfArtGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution725ContributionCnt
Noncash Contributions Rpt F990$1NoncashContributionsRptF990Amt
Method Of Determining RevenuesVALUED $1 PER GIFTMethodOfDeterminingRevenuesTxt
FieldValueIRS element (for citing)
Art Historical TreasuresArtHistoricalTreasuresGrp
Art Fractional InterestArtFractionalInterestGrp
Books And PublicationsBooksAndPublicationsGrp
Clothing And Household GoodsClothingAndHouseholdGoodsGrp
Cars And Other VehiclesCarsAndOtherVehiclesGrp
Boats And PlanesBoatsAndPlanesGrp
Intellectual PropertyIntellectualPropertyGrp

Securities Publicly Traded SecuritiesPubliclyTradedGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution25ContributionCnt
Noncash Contributions Rpt F990$705,088NoncashContributionsRptF990Amt
Method Of Determining RevenuesQUOTED PRICESMethodOfDeterminingRevenuesTxt
FieldValueIRS element (for citing)
Securities Closely Held StockSecuritiesCloselyHeldStockGrp
Secur Prtnrshp Trust IntrstsSecurPrtnrshpTrustIntrstsGrp
Securities MiscellaneousSecuritiesMiscellaneousGrp
Qualified Contrib Hist StructQualifiedContribHistStructGrp
Qualified Contrib OtherQualifiedContribOtherGrp
Real Estate ResidentialRealEstateResidentialGrp
Real Estate CommercialRealEstateCommercialGrp
Real Estate OtherRealEstateOtherGrp
CollectiblesCollectiblesGrp
Food InventoryFoodInventoryGrp
Drugs And Medical SuppliesDrugsAndMedicalSuppliesGrp
TaxidermyTaxidermyGrp
Historical ArtifactsHistoricalArtifactsGrp
Scientific SpecimensScientificSpecimensGrp
Archaeological ArtifactsArchaeologicalArtifactsGrp

Other Non Cash Contri Table OtherNonCashContriTableGrp (3 entries)

Non Cash CheckboxNonCashCheckboxIndDescDescContributionContributionCntNoncash Contributions Rpt F990NoncashContributionsRptF990AmtMethod Of Determining RevenuesMethodOfDeterminingRevenuesTxt
Yes (X)Equipment2$156,000RETAIL VALUE
Yes (X)Meals2$2,869RETAIL VALUE
Yes (X)Auction Items19$30,631RETAIL VALUE
FieldValueIRS element (for citing)
Form8283 Received1Form8283ReceivedCnt
Any Property That Must Be HeldfalseAnyPropertyThatMustBeHeldInd
Review Process Unusual NC GiftsYes (true)ReviewProcessUnusualNCGiftsInd
Third Parties UsedfalseThirdPartiesUsedInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE M, PART I, COLUMN BFormAndLineReferenceDesc
ExplanationPACE UNIVERSITY USES A COMBINATION OF REPORTING THE NUMBER OF CONTRIBUTIONS AND THE NUMBER OF ITEMS RECEIVED.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11A, REVIEW PROCESSTHE FORM 990 IS PREPARED BY THE UNIVERSITY'S VICE PRESIDENT AND CONTROLLER AS ASSISTED BY VARIOUS OTHER STAFF MEMBERS IN THE FINANCE AND PLANNING DEPARTMENT. THE PREPARED FORM IS REVIEWED BY THE UNIVERSITY'S PRESIDENT, CHIEF FINANCIAL OFFICER AND IN-HOUSE LEGAL COUNSEL AS WELL AS PWC US TAX, LLP THE UNIVERSITY'S OUTSIDE TAX ADVISORS. A DRAFT FORM 990 IS THEN PRESENTED TO THE FINANCE AND AUDIT COMMITTEE OF THE BOARD OF TRUSTEES FOR APPROVAL, FOLLOWED BY DISTRIBUTION OF THE FINAL COPY OF FORM 990 TO ALL MEMBERS OF THE BOARD OF TRUSTEES.
FORM 990, PART VI, SECTION B, LINE 12CCOMPLIANCE WITH CONFLICT OF INTEREST POLICY CONFLICT OF INTEREST POLICY DISCLOSURE FORMS (THE "DISCLOSURE FORMS") ARE ANNUALLY SUBMITTED TO AND RETRIEVED FROM THE UNIVERSITY'S TRUSTEES, OFFICERS, DEANS AND KEY EMPLOYEES. THE DISCLOSURE FORMS FOR OFFICERS, DEANS AND KEY EMPLOYEES ARE REVIEWED BY THE VICE PRESIDENT OF HUMAN RESOURCES AND UNIVERSITY IN-HOUSE LEGAL COUNSEL. POTENTIAL OFFICER, DEAN AND KEY EMPLOYEE CONFLICTS ARE VETTED WITH SUPERVISORS IN CONSULTATION WITH THE VICE PRESIDENT OF HUMAN RESOURCES AND UNIVERSITY'S IN-HOUSE LEGAL COUNSEL. THE DISCLOSURE FORMS FOR THE TRUSTEES ARE REVIEWED BY UNIVERSITY IN-HOUSE LEGAL COUNSEL, WHO PREPARES A SPREADSHEET LISTING POTENTIAL TRUSTEE CONFLICTS FOR REVIEW BY THE BOARD'S COMMITTEE OF TRUSTEES. THIS LISTING IS USED AS (1) A GUIDE TO ENSURE THAT CONFLICTED TRUSTEES ARE RECUSED FROM DISCUSSIONS AND VOTING WHEN APPROPRIATE AND (2) INPUT TO ASSESS DISCLOSURES IN THE UNIVERSITY'S FORM 990.
FORM 990, PART VI, SECTION B, LINE 15PROCESS FOR DETERMINING COMPENSATION FOR OFFICERS AND KEY EMPLOYEES EACH YEAR, THE CHAIR OF THE UNIVERSITY'S BOARD OF TRUSTEES REQUESTS THE HUMAN RESOURCES DEPARTMENT TO COLLECT COMPARATIVE PRESIDENTIAL COMPENSATION DATA FROM THE COLLEGE AND UNIVERSITY PROFESSIONAL ASSOCIATION FOR HUMAN RESOURCES (CUPA-HR), AS WELL AS PUBLISHED FORM 990 DATA FROM SUCH SOURCES AS THE CHRONICLE OF HIGHER EDUCATION, AS A BASIS IN SETTING THE ANNUAL COMPENSATION OF THE PRESIDENT OF THE UNIVERSITY FOR THE UPCOMING YEAR. WITH RESPECT TO OTHER UNIVERSITY OFFICERS, DEANS AND KEY EMPLOYEES, EACH YEAR PRIOR COMPARABILITY DATA FROM PEER INSTITUTIONS IS COLLECTED AND SUMMARIZED FOR REVIEW BY THE PRESIDENT (NINE COMPARABLE DOCTORAL CLASS INSTITUTIONS OF SIMILAR SIZE, SCOPE AND ORGANIZATIONAL COMPLEXITY, LOCALLY AND NATIONALLY, USED AS COMPARATORS FOR SEVERAL ACADEMIC AND FINANCIAL SCOPES ACROSS THE UNIVERSITY). THIS DATA OBTAINED VIA SURVEY IS USED BY THE PRESIDENT TO PRESENT COMPENSATION ADJUSTMENTS TO THE UNIVERSITY'S INDEPENDENT COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES. THE COMPETITIVE DATA OBTAINED IS ALSO USED WHEN DETERMINING COMPENSATION OFFERS FOR NEW HIRES AT THE EXECUTIVE LEVEL. ONCE THIS DATA IS COLLECTED AND PRESENTED FOR APPROVAL BY THE COMPENSATION COMMITTEE AND THE BOARD OF TRUSTEES, DOCUMENTATION OF THE SURROUNDING DISCUSSIONS AND DECISIONS IS PREPARED BY THE SPECIAL ASSISTANT TO THE BOARD OF TRUSTEES AND FILED WITH THE UNIVERSITY ARCHIVIST, ALONG WITH THE RELATED MINUTES OF THE MEETINGS FOR HISTORICAL RECORD. THE UNIVERSITY FURTHER HAS A ROBUST PERFORMANCE EVALUATION PROCESS IN PLACE, THE RESULTS OF WHICH ARE CONSIDERED DURING THE COMPENSATION DETERMINATION PROCESS. THE UNIVERSITY'S PRESIDENT DOES NOT TAKE PART IN BOARD VOTING RELATING TO MATTERS INVOLVING HIS COMPENSATION, BENEFITS AND OTHER TERMS AND CONDITIONS OF HIS EMPLOYMENT, OR PARTICIPATE IN OR ATTEND BOARD MEETINGS AND DISCUSSIONS RELATING THERETO, EXCEPT AT TIMES WHEN RESPONDING TO QUESTIONS FROM THE COMPENSATION COMMITTEE.
FORM 990, PART V, LINE 4A AND 4B, FINANCIAL ACCOUNTS IN A FOREIGN COUNTRYTHE UNIVERSITY'S FINANCIAL HOLDINGS IN ANY FOREIGN COUNTRY ARE LIMITED TO EQUITY INTERESTS IN COMMINGLED INVESTMENT VEHICLES. ACCORDINGLY, THE UNIVERSITY IS NOT REQUIRED TO FILE FINCEN REPORT 114 (FORMERLY FORM TD F 90-22.1) REPORT OF FOREIGN BANK AND FINANCIAL ACCOUNTS.
FORM 990, PART VI, SECTION C, LINE 19AVAILABILITY OF GOVERNING AND OTHER DOCUMENTS TO THE PUBLIC THE UNIVERSITY'S AUDITED FINANCIAL STATEMENTS AND THE CONFLICT OF INTEREST POLICY ARE POSTED ON ITS WEBSITE. FORM 990 AND 990-T ARE AVAILABLE UPON REQUEST. THE UNIVERSITY'S GOVERNING DOCUMENTS ARE NOT AVAILABLE TO THE PUBLIC.
FORM 990, PART III, LINE 4, OTHER PROGRAM SERVICE ACTIVITIESA DESCRIPTION OF THE UNIVERSITY'S OTHER SIGNIFICANT PROGRAM SERVICE ACTIVITIES ARE AS FOLLOWS: ACADEMIC SUPPORT - TO PROVIDE FACILITIES AND PERSONNEL TO SUPPORT INSTRUCTIONAL STAFF IN EDUCATIONAL EFFORTS SUCH AS LIBRARIES, ACADEMIC COMPUTER CENTERS, AUDIO VISUAL AIDS, ETC. STUDENT SERVICES - TO MEET NON-INSTRUCTIONAL NEEDS OF STUDENTS SUCH AS ADMISSIONS, REGISTRATION, COUNSELING, CAREER PLANNING, AND SOCIAL AND CULTURAL ACTIVITIES. RESEARCH - TO SUPPORT ACTIVITIES SPECIFICALLY ORGANIZED TO PRODUCE RESEARCH, WHETHER COMMISSIONED BY AN AGENCY EXTERNAL TO THE UNIVERSITY OR SEPARATELY BUDGETED BY AN ORGANIZATIONAL UNIT WITHIN THE UNIVERSITY.
FORM 990, PART XI, LINE 9, OTHER CHANGES IN NET ASSETSCHANGE IN VALUE OF SPLIT-INTEREST AGREEMENT OF $181,618.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdExempt Code SectionExemptCodeSectionTxtPublic Charity StatusPublicCharityStatusTxtBusiness Name Line1DirectControllingEntityName/BusinessNameLine1TxtControlled OrganizationControlledOrganizationInd
PACE ENVIRONMENTAL LITIGATION CLINIC
78 NORTH BROADWAYWHITE PLAINSNY10603133709483EDUCATIONNY501(C)(3)12(A)NAYes (true)
JOHN JAY LEGAL SERVICES INC
80 NORTH BROADWAYWHITE PLAINSNY10603133403308EDUCATIONNY501(C)(3)12(A)NAYes (true)

Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp

Related Organization Name RelatedOrganizationName

FieldValueIRS element (for citing)
Business Name Line1PACE UNIV FUND LPBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1125 HIGH STAddressLine1Txt
CityBOSTONCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02110ZIPCd
FieldValueIRS element (for citing)
EIN463422188EIN
Primary ActivitiesINVESTMENTSPrimaryActivitiesTxt
Legal Domicile StateDELegalDomicileStateCd

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1PACE UNIVERSITYBusinessNameLine1Txt
FieldValueIRS element (for citing)
Predominant Income TypeEXCLUDEDPredominantIncomeTypeTxt
Share Of Total Income$25,607,044ShareOfTotalIncomeAmt
Share Of EOY Assets$249,039,635ShareOfEOYAssetsAmt
Disproportionate AllocationsfalseDisproportionateAllocationsInd
UBI Code V$106,105UBICodeVAmt
General Or Managing PartnerfalseGeneralOrManagingPartnerInd
Ownership0.99999OwnershipPct

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp

Related Organization Name RelatedOrganizationName

FieldValueIRS element (for citing)
Business Name Line1CHARITABLE REMAINDER UNITRUST (1)BusinessNameLine1Txt
FieldValueIRS element (for citing)
Primary ActivitiesTRUST DISTRIBPrimaryActivitiesTxt
Legal Domicile StateNYLegalDomicileStateCd

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1PACE UNIVERSITYBusinessNameLine1Txt
FieldValueIRS element (for citing)
Entity TypeTEntityTypeTxt
Controlled OrganizationfalseControlledOrganizationInd
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts RyltsfalseReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth OrgfalseGiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth OrgYes (true)GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other OrgfalseLoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth OrgfalseLoansOrGuaranteesFromOthOrgInd
Div Related OrganizationfalseDivRelatedOrganizationInd
Asset Sale To Other OrgfalseAssetSaleToOtherOrgInd
Asset Purchase From Other OrgfalseAssetPurchaseFromOtherOrgInd
Asset ExchangefalseAssetExchangeInd
Rental Of Facilities To Oth OrgfalseRentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth OrgfalseRentalOfFcltsFromOthOrgInd
Perform Of Services For Oth OrgfalsePerformOfServicesForOthOrgInd
Perform Of Services By Other OrgfalsePerformOfServicesByOtherOrgInd
Sharing Of FacilitiesYes (true)SharingOfFacilitiesInd
Paid Employees SharingYes (true)PaidEmployeesSharingInd
Reimbursement Paid To Other OrgfalseReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other OrgfalseReimbursementPaidByOtherOrgInd
Transfer To Other OrgfalseTransferToOtherOrgInd
Transfer From Other OrgfalseTransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp

Other Organization Name OtherOrganizationName

FieldValueIRS element (for citing)
Business Name Line1PACE UNIVERSITY FUND LPBusinessNameLine1Txt
FieldValueIRS element (for citing)
Transaction Type1CTransactionTypeTxt
Involved$14,800,000InvolvedAmt
Method Of Amount DeterminationBOOKMethodOfAmountDeterminationTxt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE R, PART III - RELATED ORGANIZATION TAXABLE PARTNERSHIPFormAndLineReferenceDesc
ExplanationPACE UNIVERSITY FUND, LP (PACE FUND) IS A LIMITED PARTNERSHIP, WHICH COMMENCED OPERATIONS ON DECEMBER 4, 2013, IN WHICH THE UNIVERSITY IS THE SOLE LIMITED PARTNER AND CAMBRIDGE ASSOCIATES RESOURCES, LLC IS THE GENERAL PARTNER. THE PARTNERSHIP ACTS AS AN INVESTMENT VEHICLE FOR A SIGNIFICANT PORTION OF THE UNIVERSITY'S ENDOWMENT. THE PACE FUND IS RECORDED AT NET ASSET VALUE AT JUNE 30, 2025.ExplanationTxt