2026-04-09T12:50:00+00:00 2025-05-31 135565207 KPMG LLP 8350 Broad Street Suite 900 McLean VA 22102 990 2024-06-01 520591623 Loyola University Maryland Inc LOYO 4106172627 4501 N Charles Street Baltimore MD 212102699 Kristy Michel VP of Finance and Admin. 4106175922 2026-04-09 true true Brian Kearns P02061479 7032868000 2026-04-09 2024 2025-03-06 01:10:19Z Kristy Michel 4501 N Charles Street Baltimore MD 212102699 429432434 false X WWW.LOYOLA.EDU X 1852 MD LOYOLA UNIVERSITY MARYLAND INC IS A JESUIT CATHOLIC UNIVERSITY COMMITTED TO THE EDUCATIONAL TRADITIONS OF THE SOCIETY OF JESUS AND THE DEVELOPMENT OF THE WHOLE PERSON. 29 28 2895 0 699092 0 30598346 40428584 300929649 300368490 34998097 25780957 1656767 2368775 368182859 368946806 145153942 141991870 0 0 112330439 118547539 619300 434918 5352074 101782857 105754474 359886538 366728801 8296321 2218005 751769929 840598430 167911296 235344521 583858633 605253909 X LOYOLA UNIVERSITY MARYLAND INC IS A JESUIT CATHOLIC UNIVERSITY COMMITTED TO THE EDUCATIONAL AND SPIRITUAL TRADITIONS OF THE SOCIETY OF JESUS AND TO THE IDEALS OF LIBERAL EDUCATION AND THE DEVELOPMENT OF THE WHOLE PERSON. ACCORDINGLY, THE UNIVERSITY WILL INSPIRE STUDENTS TO LEARN, LEAD AND SERVE IN A DIVERSE AND CHANGING WORLD. false false 231845290 141971452 237012504 INSTRUCTION OF 3,900 UNDERGRADUATE AND 1,000 GRADUATE STUDENTS (4,900 STUDENTS). 41859609 57912064 HOUSING, FOOD SERVICE, AND OTHER STUDENT SERVICES. 38067107 6787678 PROVIDING ACADEMIC AND SUPPORT SERVICES TO STUDENTS (4,900 STUDENTS). 3173348 20418 RESEARCH AND DEVELOPMENT AND PUBLIC SERVICE PRGMS 3173348 20418 314945354 true true false true false false false true false true true true false false true true true false true true true false true true true false false true true true true false false false false false false true false true false true true false false false true false false false false true X 592 0 true 2895 true true true true EI SP TH BE UK false false false true true false false false false false false X 29 28 false false false false false false false true true false false false true true true true true true true true false false MD X X Kristy Michel 4106175922 4501 N CHARLES STREET BALTIMORE MD 212102699 Terrence Sawyer Trustee & President 50.0 0.0 X X 552668 0 48115 Ann Doyle Trustee 0.5 0.0 X 0 0 0 Arun Subhas Trustee 0.5 0.0 X 0 0 0 Carrie Fox Trustee 0.5 0.0 X 0 0 0 Christian McNeill Trustee 0.5 0.0 X 0 0 0 Daelin Cook Trustee 0.5 0.0 X 0 0 0 Daniel Rizzo Trustee 0.5 0.0 X 0 0 0 David Metzger Trustee 0.5 0.0 X 0 0 0 Elaine Grillo Trustee 0.5 0.0 X 0 0 0 Gail Cunningham Trustee 0.5 0.0 X 0 0 0 Gerard E Holthaus Trustee 0.5 0.0 X 0 0 0 Gerry Geckle Trustee 0.5 0.0 X 0 0 0 Gregory Chisholm SJ Trustee 0.5 0.0 X 0 0 0 Gregory Kelly Trustee 0.5 0.0 X 0 0 0 H Edward Hanway Trustee 0.5 0.0 X 0 0 0 James Lambdin Trustee 0.5 0.0 X 0 0 0 Jeffrey A Nattans Trustee 0.5 0.0 X 0 0 0 JJ Matthews Trustee 0.5 0.0 X 0 0 0 Julia Gray Trustee 0.5 0.0 X 0 0 0 Katherine Jennings Trustee 0.5 0.0 X 0 0 0 Kenneth F Boehl Trustee 0.5 0.0 X 0 0 0 KerryAnn O'Meara Trustee 0.5 0.0 X 0 0 0 Kevin Gillespie SJ Trustee 0.5 0.0 X 0 0 0 Kimberly Ellison-Taylor Trustee 0.5 0.0 X 0 0 0 Mark Knott Trustee 0.5 0.0 X 0 0 0 Mark Rouchard Trustee 0.5 0.0 X 0 0 0 Mary Fanning Trustee 0.5 0.0 X 0 0 0 Michael McCarthy SJ Trustee 0.5 0.0 X 0 0 0 Michael McFarland SJ Trustee 0.5 0.0 X 0 0 0 Paul Eibeler Trustee 0.5 0.0 X 0 0 0 Rachael Dugan Trustee 0.5 0.0 X 0 0 0 Robert Cawley Trustee 0.5 0.0 X 0 0 0 Roger Waesche Trustee 0.5 0.0 X 0 0 0 Susan Bloomfield Trustee 0.5 0.0 X 0 0 0 Tina Bjarekull Trustee 0.5 0.0 X 0 0 0 Walter Doggett Trustee 0.5 0.0 X 0 0 0 William Burke Trustee 0.5 0.0 X 0 0 0 Brian Oakes Vice President 50.0 0.0 X 290727 0 34049 Cheryl Moore-Thomas Vice President 50.0 0.0 X 350660 0 31484 Deborah Cady Melzer Vice President 50.0 0.0 X 250591 0 23414 Eric Nichols Vice President 50.0 0.0 X 310643 0 27851 John Coppola Vice President 50.0 0.0 X 222295 0 28421 Kristy Michel Vice President 50.0 0.0 X 0 0 0 Sean Francis Interim Vice President 50.0 0.0 X 245868 0 20268 Stephanie Coldren Chief of Staff 50.0 0.0 X 125819 0 30352 Afra Hersi Dean 50.0 0.0 X 212758 0 31253 Francis Golom Dean 50.0 0.0 X 207949 0 29100 Mary Ann Scully Dean 50.0 0.0 X 337144 0 33178 Charles Toomey Head Coach Men's Lacrosse 50.0 0.0 X 405764 0 53824 Donna Woodruff ASST VP & DIRECTOR ATHLETICS 50.0 0.0 X 274040 0 32871 Frank D'Souza Professor 50.0 0.0 X 244574 0 21356 Jennifer Adams Head Coach Women's Lacrosse 50.0 0.0 X 263390 0 33064 Tavaras Hardy Head Coach Men's Basketball 50.0 0.0 X 217313 0 11594 Amanda Thomas Former Vice President 50.0 0.0 X 198589 0 34258 Bobby Waldrup Former Dean 50.0 0.0 X 194353 0 30008 4905145 0 554460 237 true true false PARKHURST DINING PO BOX 644091 PITTSBURGH PA 15264 FOOD SVC OPERATIONS 17955252 WHITING TURNER 300 E JOPPA ROAD BALTIMORE MD 21286 CONSTRUCTION 14722283 Incline Alchemy Inc PO Box 1202 Tracy CA 95378 Consulting 3682737 Hord Coplan Macht Inc 750 EAST PRATT STREET SUITE 1100 BALTIMORE MD 21202 ARCHITECT 1852233 EMJAY ENGINEERING & CONSTRUCTION CO 1706 WHITEHEAD ROAD BALTIMORE MD 21207 CONSTRUCTION 1187707 86 0 0 292575 0 15424347 24711662 535139 40428584 TUITION AND FEES 900099 237012503 237012503 0 0 RESIDENCE, FOOD SERV., TELEPHONE 900099 57912064 57912064 0 0 ATHLETICS, CONFERENCES, OTHER AUX 900099 2261187 868385 97247 1295555 SPECIAL EDUCATION PROGRAMS 900099 919071 919071 0 0 ID CARDS, ORIENTATION, PARKING 900099 696368 696368 0 0 1567297 1567297 0 0 300368490 7706157 0 601845 7104312 0 0 0 0 74002 0 0 74002 807157 0 0 0 807157 0 807157 0 0 807157 63924018 14000000 50987858 8861360 12936160 5138640 18074800 0 0 18074800 328153 292575 636410 -308257 0 -308257 0 0 0 0 0 0 0 0 0 0 0 0 MISCELLANEOUS 900099 1343756 1343756 0 0 Extinguishment of Debt 900099 452117 452117 0 0 0 0 1795873 368946806 300319444 699092 27499686 20418 20418 138763912 138763912 3207540 3207540 0 0 3248764 2227851 530842 490071 0 0 0 0 90853123 74753942 13536546 2562635 6462787 4795227 1527010 140550 11547671 8554228 2698852 294591 6435194 5144529 1086904 203761 0 0 0 0 400224 0 400224 0 268606 0 268606 0 32655 32655 0 0 434918 434918 2354473 0 2354473 0 31949035 26923150 5006657 19228 1884007 1199259 663854 20894 6572091 3326178 3145244 100669 4400195 805308 3577199 17688 23169 23169 0 0 8175802 4161484 4014318 0 4351770 3785408 491745 74617 0 0 0 0 1797312 1181791 129607 485914 4878911 4870004 8907 0 0 0 0 0 14106822 13071599 985155 50068 3119317 51756 3067561 0 STUDY ABROAD TUITION 4832332 4832332 0 0 LIBRARY OPERATIONS 3946586 3946586 0 0 12661167 9267028 2937669 456470 366728801 314945354 46431373 5352074 34002 34000 21884376 24548791 4400329 14927206 4947136 5595146 0 0 0 0 104649 47995 0 0 6128553 39501208 617503488 267854101 329491687 349649387 176275502 185368779 185612302 196952457 272436 163754 0 0 22618957 23809707 751769929 840598430 18019906 26956876 0 0 4117334 4350804 133951435 191980802 0 0 0 0 0 0 0 0 11822621 12056039 167911296 235344521 X 379678253 372583263 204180380 232670646 583858633 605253909 751769929 840598430 X 2218005 18248033 0 0 0 929238 X false true true true true X 29065420 32722996 30416786 30598346 40428584 163232132 0 0 29065420 32722996 30416786 30598346 40428584 163232132 1132762 162099370 16363666 2380947 5299061 9422130 8587316 42053120 0 0 0 0 0 452117 452117 205737369 1388383835 0.78789 0.77895 X 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0.0 0 0.0 X 0 0 0 0 0 0 Schedule A, Part II, Line 10 Other Income DESCRIPTION - , COLUMN A - , COLUMN B - , COLUMN C - , COLUMN D - , COLUMN E - 452117.0, COLUMN F - 452117.0; RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false true false false false false true 46255 false false 46255 false Schedule C, Part II-B, Line 1 DETAILED DESCRIPTION OF THE LOBBYING ACTIVITY THE UNIVERSITY UTILIZED THE SERVICES OF A CONSULTING FIRM TO ASSIST WITH LOBBYING ACTIVITIES AND ALSO HAS AN EMPLOYEE WHO SPENDS A SMALL PORTION OF THEIR TIME IN THE SAME REGARD. THESE LOBBYING ACTIVITIES ARE TYPICALLY PERFORMED IN STATE AND LOCAL VENUES, BUT MAY ESCALATE IN CERTAIN SITUATIONS TO THE FEDERAL LEVEL. THESE ACTIVITIES TO DO NOT CONSTITUTE A SIGNIFICANT PORTION OF THE UNIVERSITY'S ACTIVITIES. 96398 X false 320583992 6604046 35466925 4388579 10207607 2348149 345710628 293782938 5404984 37209017 4290070 9670854 1852023 320583992 301817062 4910516 1146058 3773026 8976697 1340975 293782938 307797710 8987524 -1406000 3287407 8134877 2139888 301817062 232556136 4286866 85361207 2954276 8021043 3431180 307797710 0.46 0.54 0.0 false false 27176645 27176645 485836069 224876055 260960014 52788530 41906782 10881748 51702244 1071264 50630980 349649387 Closely-held equity interests Financial derivatives PRIVATE EQUITY 86825464 F EQUITY FUNDS 62703238 F HEDGE FDS: MULTI-STRATEGY FDS 36713660 F HEDGE FDS: LONG/SHORT 9913219 F OTHER 796876 F 196952457 Federal Income Taxes OPERATING LEASE LIABILITY 6245065 ASSET RETIREMENT OBLIGATION 3496682 PERKINS LOAN FUND 866733 TENANT IMPROVEMENT ALLOWANCE 801322 DINING ADVANCE 379571 ANNUITY LIABILITY 258818 POOLED INCOME LIABILITY 7848 12056039 X 244434562 18248033 0 18248033 226186529 2354473 140405804 142760277 368946806 223039286 636410 636410 222402876 2354473 141971452 144325925 366728801 Schedule D, Part V, Line 4 Intended uses of endowment funds THE UNIVERSITY'S ENDOWMENT FUND HELPS PROVIDE AFFORDABLE EDUCATION TO STUDENTS BY PROVIDING FUNDS FOR FINANCIAL AID AND BY SUPPORTING THE OPERATIONS OF THE UNIVERSITY. Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote THE UNIVERSITY IS QUALIFIED AS A NOT-FOR-PROFIT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, AS AMENDED. ACCORDINGLY, THE UNIVERSITY IS NOT SUBJECT TO INCOME TAXES EXCEPT TO THE EXTENT IT HAS TAXABLE INCOME FROM ACTIVITIES THAT ARE NOT RELATED TO ITS EXEMPT PURPOSE. NO PROVISION FOR INCOME TAXES WAS REQUIRED FOR FISCAL YEARS 2024 OR 2023. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE UNIVERSITY AND RECOGNIZE A TAX LIABILITY (OR ASSET) IF THE UNIVERSITY HAS TAKEN AN UNCERTAIN TAX POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE IRS. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE UNIVERSITY, AND HAS CONCLUDED THAT AS OF MAY 31, 2024, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE UNIVERSITY IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; THERE ARE CURRENTLY NO TAX AUDITS OF THE FINANCIAL STATEMENTS FOR ANY TAX PERIODS IN PROGRESS. Schedule D, Part XI, Line 4(b) Other revenues in form 990 not in audited financial statements FINANCIAL AID - XXX-XX-XXXX DIRECT FUNDRAISING EXPENSE - -636410 Change in value of split interest agreements - -913085 Change in fair value of cash surrender values - -16153 Schedule D, Part XII, Line 2(d) Other expenses in audited financial statements not in form 990 DIRECT FUNDRAISING EXPENSE - 636410 Schedule D, Part XII, Line 4(b) Other expenses in form 990 not in audited financial statements FINANCIAL AID EXPENSE - XXX-XX-XXXX true true true true true true true false false false false false false false false true false true Schedule E, Part I, Line 3 RACIALLY NONDISCRIMINATORY POLICY LOYOLA UNIVERSITY MARYLAND DOES NOT DISCRIMINATE ON THE BASIS OF RACE, SEX, COLOR, NATIONAL OR ETHNIC ORIGIN, AGE, RELIGION, DISABILITY, MARITAL STATUS, SEXUAL ORIENTATION, GENDER IDENTITY, GENETIC INFORMATION, MILITARY STATUS, OR ANY OTHER LEGALLY PROTECTED CLASSIFICATION IN THE ADMINISTRATION OF ANY OF ITS EDUCATIONAL PROGRAMS AND ACTIVITIES OR WITH RESPECT TO ADMISSION OR EMPLOYMENT. THE DESIGNATED COMPLIANCE OFFICER TO ENSURE COMPLIANCE WITH TITLE IX OF THE EDUCATION AMENDMENTS OF 1972, AS AMENDED, IS DAVID TISCIONE, DIRECTOR TITLE IX COMPLIANCE AND ASSESSMENT, 4501 N. CHARLES STREET, JENKINS RM 105B, 410-617-2763, DMTISCIONE@LOYOLA.EDU. THE COORDINATOR TO ENSURE COMPLIANCE WITH SECTION 504 OF THE REHABILITATION ACT OF 1973, AS AMENDED, IS DAVID TISCIONE, DIRECTOR TITLE IX COMPLIANCE AND ASSESSMENT, 4501 N. CHARLES STREET, JENKINS RM 105B, 410-617-2763, DMTISCIONE@LOYOLA.EDU. LOYOLA UNIVERSITY IS AUTHORIZED UNDER FEDERAL LAW TO ENROLL NON-IMMIGRANT, ALIEN STUDENTS. THIS PUBLICATION DOES NOT CONSTITUTE AN EXPRESS OR IMPLIED CONTRACT. LOYOLA RESERVES THE RIGHT TO AMEND OR RESCIND THIS PUBLICATION AT ANY TIME. Schedule E, Part I, Line 6(a) FINANCIAL AID OR ASSISTANCE FROM A GOVERNMENT LOYOLA UNIVERSITY MARYLAND PARTICIPATES IN THE FOLLOWING FEDERAL STUDENT FINANCIAL AID PROGRAMS: FEDERAL PELL GRANT, FEDERAL SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANT (FSEOG), FEDERAL WORK-STUDY, FEDERAL DIRECT STUDENT LOANS (SUBSIDIZED AND UNSUBSIDIZED), FEDERAL DIRECT PARENT PLUS LOAN, TEACH GRANT AND DVA YELLOW RIBBON GRANT. true Central America and the Caribbean 0 0 Investments 55815972 East Asia and the Pacific 0 2 Program Services International Studies 481446 Central America and the Caribbean 0 0 Program Services International Studies 83250 Europe (Including Iceland and Greenland) 2 5 Program Services International Studies 5721115 Middle East and North Africa 0 0 Program Services International Studies 6501 Sub-Saharan Africa 0 0 Program Services International Studies 241181 Central America and the Caribbean 0 0 Program Services Financial Aid 282700 East Asia and the Pacific 0 0 Program Services Financial Aid 430784 Europe (Including Iceland and Greenland) 0 0 Program Services Financial Aid 1192615 Middle East and North Africa 0 0 Program Services Financial Aid 101499 North America (Canada & Mexico only) 0 0 Program Services Financial Aid 634542 South America 0 0 Program Services Financial Aid 211200 South Asia 0 0 Program Services Financial Aid 192000 Sub-Saharan Africa 0 0 Program Services Financial Aid 162200 2 7 0 0 2 7 65557005 0 65557005 Financial Assistance Central America and the Caribbean 9 282700 Financial Aid FMV Financial Assistance East Asia and the Pacific 9 430784 Financial Aid FMV Financial Assistance Europe (Including Iceland and Greenland) 19 1192615 Financial Aid FMV Financial Assistance Middle East and North Africa 2 101499 Financial Aid FMV Financial Assistance North America (Canada & Mexico only) 8 634542 Financial Aid FMV Financial Assistance South America 5 211200 Financial Aid FMV Financial Assistance South Asia 6 192000 Financial Aid FMV Financial Assistance Sub-Saharan Africa 4 162200 Financial Aid FMV true false true true true false Schedule F, Part I, Line 2 Procedures for monitoring use of grant funds ALL FINANCIAL AID IS APPLIED DIRECTLY TO THE STUDENTS' OUTSTANDING RECEIVABLE BALANCES. NO CASH IS PHYSICALLY TRANSMITTED. CREDIT BALANCES THAT RESULT FROM FEDERAL STUDENT AND PARENT LOAN PROCEEDS ARE DISTRIBUTED TO THE BORROWER WITHIN THE SPECIFIED TIME FRAME REQUIRED BY THE REGULATIONS GOVERNING THESE PROGRAMS. ELIGIBILITY FOR NEED-BASED GRANTS, LOANS, AND WORK-STUDY FORMS OF FEDERAL STUDENT AID IS DETERMINED USING THE RESULTS OF THE FEDERAL METHODOLOGY NEED ANALYSIS FORMULA. STUDENT AID AWARDED FROM BOTH FEDERAL AND INSTITUTIONAL SOURCES ARE MONITORED CONTINUOUSLY THROUGHOUT THE FISCAL YEAR USING VARIOUS BUDGET STATUS REPORTS, STUDENT ACCOUNT STATUS REPORTS, AND DEFERRAL AND INSTITUTIONAL PROGRAM RECONCILIATION REPORTS. X X X X X X X true EAB 11011 W Broad St Glen Allen VA 23060 Fundraising false 1193057 71325 1121732 CCS Fundraising 100 East Pratt Street Baltimore MD 21202 Advisory false 0 363593 -363593 1193057 434918 758139 CA CO CT DC FL GA AL HI IL KS KY LA ME AK MD MA MI MN MS NV NH NJ NM NY NC ND OH OK OR PA RI SC TN UT VA AR WA WV WI Business Leader 313000 188750 124250 138736 12628 96209 Golf Invitational 162950 97300 65650 92833 13615 22898 1 144778 6525 138253 56495 171124 15923 15949 620728 292575 328153 195231 263957 42166 135056 636410 -308257 Schedule G, Part I, Line 2b(v) payment of fees or payment of expenses EAB-1193057;CCS FUNDRAISING-0; true THE LOYOLA NOTRE DAME LIBRARY INC 200 Winston Avenue Baltimore MD 21212 520881396 501(C)(3) 20418 Capital Contributions 1 0 Financial Assistance 4092 138763912 0 FMV Financial Aid Schedule I, Part I, Line 2 GRANTS AND OTHER ASSISTANCE TO INDIVIDUALS IN THE UNITED STATES: ALL FINANCIAL AID IS APPLIED DIRECTLY TO THE STUDENTS' OUTSTANDING RECEIVABLE BALANCE. NO CASH IS PHYSICALLY TRANSMITTED. CREDIT BALANCES THAT RESULT FROM FEDERAL STUDENT AND PARENT LOAN PROCEEDS ARE DISTRIBUTED TO THE BORROWER WITHIN THE SPECIFIED TIME FRAME REQUIRED BY THE REGULATIONS GOVERNING THESE PROGRAMS. ELIGIBILITY FOR NEED-BASED GRANTS, LOANS, AND WORK-STUDY FORMS OF FEDERAL STUDENT AID IS DETERMINED USING THE RESULTS OF THE FEDERAL METHODOLOGY NEED ANALYSIS FORMULA. STUDENT AID AWARDED FROM BOTH FEDERAL AND INSTITUTIONAL SOURCES ARE MONITORED CONTINUOUSLY THROUGHOUT THE FISCAL YEAR USING VARIOUS BUDGET STATUS REPORTS, STUDENT ACCOUNT STATUS REPORTS, AND DEFERRAL AND INSTITUTIONAL PROGRAM RECONCILIATION REPORTS. Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds GRANTS AND OTHER ASSISTANCE TO INDIVIDUALS IN THE UNITED STATES: ALL FINANCIAL AID IS APPLIED DIRECTLY TO THE STUDENTS' OUTSTANDING RECEIVABLE BALANCE. NO CASH IS PHYSICALLY TRANSMITTED. CREDIT BALANCES THAT RESULT FROM FEDERAL STUDENT AND PARENT LOAN PROCEEDS ARE DISTRIBUTED TO THE BORROWER WITHIN THE SPECIFIED TIME FRAME REQUIRED BY THE REGULATIONS GOVERNING THESE PROGRAMS. ELIGIBILITY FOR NEED-BASED GRANTS, LOANS, AND WORK-STUDY FORMS OF FEDERAL STUDENT AID IS DETERMINED USING THE RESULTS OF THE FEDERAL METHODOLOGY NEED ANALYSIS FORMULA. STUDENT AID AWARDED FROM BOTH FEDERAL AND INSTITUTIONAL SOURCES ARE MONITORED CONTINUOUSLY THROUGHOUT THE FISCAL YEAR USING VARIOUS BUDGET STATUS REPORTS, STUDENT ACCOUNT STATUS REPORTS, AND DEFERRAL AND INSTITUTIONAL PROGRAM RECONCILIATION REPORTS. X X true true X X X X true false false false false false false false false Terrence Sawyer Trustee & President 524517 0 0 0 28151 0 31050 0 17065 0 600783 0 0 0 Amanda Thomas Former Vice President 198589 0 0 0 0 0 18713 0 15545 0 232847 0 0 0 Cheryl Moore-Thomas Vice President 335758 0 0 0 14902 0 29961 0 1523 0 382144 0 0 0 Eric Nichols Vice President 300763 0 0 0 9880 0 27453 0 398 0 338494 0 0 0 Brian Oakes Vice President 282482 0 0 0 8245 0 25748 0 8301 0 324776 0 0 0 Deborah Cady Melzer Vice President 250591 0 0 0 0 0 22470 0 944 0 274005 0 0 0 Sean Francis Interim Vice President 197591 0 48277 0 0 0 19539 0 729 0 266136 0 0 0 John Coppola Vice President 217672 0 0 0 4623 0 20345 0 8076 0 250716 0 0 0 Stephanie Coldren Chief of Staff 125819 0 0 0 0 0 12172 0 18180 0 156171 0 0 0 Bobby Waldrup Former Dean 194353 0 0 0 0 0 18541 0 11467 0 224361 0 0 0 Mary Ann Scully Dean 337144 0 0 0 0 0 29961 0 3217 0 370322 0 0 0 Afra Hersi Dean 212758 0 0 0 0 0 19998 0 11255 0 244011 0 0 0 Francis Golom Dean 207949 0 0 0 0 0 18900 0 10200 0 237049 0 0 0 Charles Toomey Head Coach Men's Lacrosse 394673 0 0 0 11091 0 31050 0 22774 0 459588 0 0 0 Donna Woodruff ASST VP & DIRECTOR ATHLETICS 248540 0 7500 0 18000 0 22855 0 10016 0 306911 0 0 0 Jennifer Adams Head Coach Women's Lacrosse 242602 0 8500 0 12288 0 22590 0 10474 0 296454 0 0 0 Frank D'Souza Professor 226074 0 18500 0 0 0 20479 0 877 0 265930 0 0 0 Tavaras Hardy Head Coach Men's Basketball 209534 0 5000 0 2779 0 5817 0 5777 0 228907 0 0 0 Schedule J, Part I, Line 1a Health or social club dues or initiation fees HEALTH OR SOCIAL CLUB DUES: THE FOLLOWING INDIVIDUALS RECEIVED MEMBERSHIPS IN LOCAL COUNTRY CLUBS OR SOCIAL CLUBS AS PART OF THEIR JOB DUTIES WITH THE UNIVERSITY: TERRENCE SAWYER, DONNA WOODRUFF, JOHN COPPOLA, BRIAN OAKES AND ERIC NICHOLS. THE UNIVERSITY TRACKS USAGE OF THESE CLUBS AND REPORTS PERSONAL USE AS TAXABLE INCOME ON THE EMPLOYEES' W-2. Schedule J, Part I, Line 4a Severance or change-of-control payment Tavaras Hardy - $225,360 Schedule J, Part II, Column (A) Sean Francis Sean Francis served as Interim VP of Finance from September 7, 2024 through March 31, 2025. A MD HEALTH AND HIGHER EDUC FACILITIES AUTHORITY 520936091 574218RY1 2014-10-30 63876116 2014-REFUNDING false false false B MD HEALTH AND HIGHER EDUC FACILITIES AUTHORIT 520936091 5742185T6 2019-12-19 51355256 2019A-2012B REFINANCING AND CONSTRUCTION COSTS false false false C MD HEALTH AND HIGHER EDUC FACILITIES AUTHORITY 520936091 57421CGZ1 2025-01-29 91696654 2014 Refinancing and Construction Costs false false false A 27930000 63876116 567776 63308340 2006 false true true true B 15755000 51574784 378496 27266288 23930000 2022 true false false true C 92221765 502445 769437 27861534 28393622 34694727 true false false true A false false true true false false 0.001 0 0.001 false false 0 false true B false false true true false false 0.0 0 0.0 false false 0 false true C false false true true false false 0.0 0 0.0 false false 0 false true A false false false true false false 0 false false false 0 false false true B false false false true false false 0 false false false 0 false false true C false true false false false false 0 false false false 0 false false true A true B true C true Schedule K, Part I, Column (f) Row A THE PURPOSE OF THE ISSUE WAS THE REFUNDING OF AN ISSUE DATED 1/04/2006. Schedule K, Part I, Column (f) Row B The purpose of the issue was the refunding of an issue dated 12/03/2014 and financing construction and renovation of academic buildings and various other capital projects. Schedule K, Part II, Line 11 Column A THE OTHER SPENT PROCEEDS ARE THE REFUNDING PROCEEDS OF THE ISSUE THAT ARE NO LONGER IN ESCROW. Schedule K, Part II, Line 11 Column B THE OTHER SPENT PROCEEDS ARE THE REFUNDING PROCEEDS OF THE ISSUE THAT ARE NO LONGER IN ESCROW. Schedule K, Part IV, Line 2c Column A A REBATE CALCULATION WAS PERFORMED ON OCTOBER 3, 2019 WITH NO REBATE LIABILITY BEING DUE. Schedule K, Part IV, Line 2c Column B A REBATE CALCULATION WAS PERFORMED ON October 1, 2024 WITH NO REBATE LIABILITY BEING DUE. Schedule K, Part I, Column (f) Row C The purpose of the issue was the partial refunding of an issue dated 10/30/2014 and financing a portion of the costs of acquisition, construction, renovation and equipping of certain facilities for the Institution. Schedule K, Part II, Line 11 Column C The other spent proceeds are the refunding proceeds of the issue that are no longer in escrow. Related to Substantial Contributor Employee 28575 Financial Aid UG Tuition Remission Schedule L, Part III, Column (a) Name of Person: Related to Substantial Contributor Schedule L, Part III, Column (b) Relationship between Interested Person and Organization: Employee Schedule L, Part III, Column (c) Amount of Grant: $28,575 Schedule L, Part III, Column (d) Type of Assistance: Financial Aid Schedule L, Part III, Column (e) Purpose of Assistance: UG Tuition Remission 8 9850 Market value 27 521867 Market value X Meals 3 3422 Market value 0 false true false Form 990, Part III, Line 4a-4c Description of program services (Expenses $ 3,173,348 including grants of $ 20,418) RESEARCH AND DEVELOPMENT AND PUBLIC SERVICE PRGMS Form 990, Part VI, Line 11b Review of form 990 by governing body PRIOR TO FILING, THE FORM 990 IS REVIEWED BY THE VICE PRESIDENT FOR FINANCE AND AN INDEPENDENT TAX ACCOUNTANT AT KPMG. ALL MEMBERS OF THE BOARD OF TRUSTEES ARE PROVIDED AN ELECTRONIC COPY OF THE COMPLETE FORM. THE FORM IS FILED AFTER ALL COMMENTS FROM THE BOARD OF TRUSTEES ARE ADDRESSED. Form 990, Part VI, Line 12c Conflict of interest policy EACH BOARD MEMBER IS REQUIRED TO COMPLETE AND FILE WITH THE SECRETARY OF THE UNIVERSITY, ON OR BEFORE SEPTEMBER 1 OF EACH YEAR, INFORMATION ABOUT POSSIBLE BENEFICIAL OR ADVERSE INTERESTS AFFECTING LOYOLA UNIVERSITY MARYLAND, INCLUDING INTERESTS OF IMMEDIATE FAMILY MEMBERS AND ORGANIZATIONS IN WHICH THE BOARD MEMBER (OR MEMBER OF HIS OR HER FAMILY) HAS A SIGNIFICANT MANAGEMENT FUNCTION OR SIGNIFICANT OWNERSHIP INTEREST. UNIVERSITY ADMINISTRATORS ARE REQUIRED TO ACT IN WAYS CONSISTENT WITH THEIR FIDUCIARY RESPONSIBILITIES TO THE UNIVERSITY. IF A UNIVERSITY ADMINISTRATOR BELIEVES THAT HE OR SHE MAY HAVE A CONFLICT OF INTEREST, THE ADMINISTRATOR SHALL PROMPTLY FULLY DISCLOSE THE CONFLICT TO THE PRESIDENT OF THE UNIVERSITY AND SHALL REFRAIN FROM PARTICIPATION IN ANY WAY IN THE MATTER TO WHICH THE CONFLICT RELATES UNTIL THE QUESTION HAS BEEN RESOLVED. THE PRESIDENT SHALL CONSULT WITH UNIVERSITY COUNSEL REGARDING ALL CONFLICT QUESTIONS OF WHICH HE IS INFORMED AND SHALL REPORT REGULARLY TO THE BOARD OF TRUSTEES ANY UNRESOLVED CONFLICT QUESTIONS. Form 990, Part VI, Line 15a Process to establish compensation of top management official TERRENCE J. SAWYER WAS APPOINTED AS THE NEW PRESIDENT OF THE UNIVERSITY EFFECTIVE JANUARY 1, 2022. AN INDEPENDENT SEARCH CONSULTANT WAS RETAINED FOR THE SEARCH. SALARY DATA OF COMPARABLE AJCU (ASSOCIATION OF JESUIT COLLEGES AND UNIVERSITIES) INSTITUTIONS WAS USED IN THE DETERMINATION OF THE PRESIDENT'S SALARY RANGE. THE ORGANIZATION AND EXECUTIVE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES IS RESPONSIBLE FOR SETTING SENIOR ADMINISTRATION'S ANNUAL COMPENSATION. SALARIES ARE REVIEWED BASED UPON JOB ANALYSIS, MARKET CONDITIONS, AND PERFORMANCE. RECORDS OF THE MEETINGS ARE MAINTAINED BY THE ASSISTANT SECRETARY OF THE BOARD. Form 990, Part VI, Line 15b Process to establish compensation of other employees FOR OFFICERS OTHER THAN THE PRESIDENT AND FOR KEY EMPLOYEES, AN INDEPENDENT SEARCH CONSULTANT WAS RETAINED FOR EACH SEARCH. SALARY DATA OF COMPARABLE AJCU (ASSOCIATION OF JESUIT COLLEGES AND UNIVERSITIES) INSTITUTIONS WAS USED IN THE DETERMINATION OF THE SALARY RANGE. THE INDEPENDENT SEARCH CONSULTANT ASSISTED WITH THE SETTING OF AN APPROPRIATE SALARY, WITH CONSIDERATION TO THE POSITION RESPONSIBILITIES AND THE MARKET. THE ORGANIZATION AND EXECUTIVE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES IS RESPONSIBLE FOR SETTING SENIOR ADMINISTRATION'S ANNUAL COMPENSATION. SALARIES ARE REVIEWED BASED UPON JOB ANALYSIS, MARKET CONDITIONS, AND PERFORMANCE. RECORDS OF THE MEETINGS ARE MAINTAINED BY THE ASSISTANT SECRETARY OF THE BOARD. Form 990, Part VI, Line 19 Required documents available to the public THE AUDITED FINANCIAL STATEMENTS AND THE FORM 990 ARE ON THE UNIVERSITY'S EXTERNAL WEBSITE. GOVERNING DOCUMENTS AND THE CONFLICT OF INTEREST POLICY ARE NOT AVAILABLE TO THE GENERAL PUBLIC. Form 990, Part VIII, Line 2f Other Program Service Revenue - Total Revenue: 1567297, Related or Exempt Function Revenue: 1567297, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ; Form 990, Part XI, Line 9 Other changes in net assets or fund balances CHANGE IN FAIR VALUE OF SPLIT INTEREST AGREEMENTS - 913087; CHANGE IN FAIR VALUE OF CASH SURRENDER VALUE - 16151; Total - 929238; THE LOYOLA NOTRE DAME LIBRARY INC 200 WINSTON AVENUE BALTIMORE MD 21212 520881396 LIBRARY MD 501(c)(3) NA false POOLED INCOME FUND-1 4501 N CHARLES STREET BALTIMORE MD 21210 POOLED INCOME FD MD NA Trust false false true false false false false false false false false false false false false false true true true false