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DREXEL UNIVERSITY: Form 990, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
DREXEL UNIVERSITY (EIN 23-1352630)
Tax period
2024-07-01 to 2025-06-30
Filed
2026-05-14
IRS object ID
202611349349311266
Schema version
2024v5.5
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)
Return2026-05-14T16:14:54-05:00ReturnTs
Tax Period End2025-06-30TaxPeriodEndDt
Return Type990ReturnTypeCd
Tax Period Begin2024-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN231352630EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1DREXEL UNIVERSITYBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlDREXBusinessNameControlTxt
Phone2158952000PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line13201 ARCH STREET 400AddressLine1Txt
CityPHILADELPHIACityNm
State AbbreviationPAStateAbbreviationCd
ZIP191042875ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonHELEN Y BOWMANPersonNm
Person TitleEXEC VP, COO, CFO, & TREASURERPersonTitleTxt
Phone2158952803PhoneNum
Signature2026-05-14SignatureDt
FieldValueIRS element (for citing)
IRS Responsible Prty Info Curr0IRSResponsiblePrtyInfoCurrInd
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerANTONIO MERLOPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line13141 CHESTNUT STAddressLine1Txt
CityPHILADELPHIACityNm
State AbbreviationPAStateAbbreviationCd
ZIP19104ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$1,597,461,925GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.DREXEL.EDUWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1894FormationYr
Legal Domicile StatePALegalDomicileStateCd
Activity Or MissionINTEGRATED ACADEMIC OFFERINGS ENHANCED BY TECHNOLOGY, COOPERATIVE EDUCATION AND CLINICAL PRACTICEActivityOrMissionDesc
Voting Members Governing Body57VotingMembersGoverningBodyCnt
Voting Members Independent51VotingMembersIndependentCnt
Total Employee12301TotalEmployeeCnt
Total Volunteers3877TotalVolunteersCnt
Total Gross UBI$7,185,593TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$4,156,802NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$211,975,029PYContributionsGrantsAmt
CY Contributions Grants$217,988,753CYContributionsGrantsAmt
PY Program Service Revenue$1,102,642,279PYProgramServiceRevenueAmt
CY Program Service Revenue$1,157,589,074CYProgramServiceRevenueAmt
PY Investment Income$68,650,217PYInvestmentIncomeAmt
CY Investment Income$71,754,223CYInvestmentIncomeAmt
PY Other Revenue$17,697,366PYOtherRevenueAmt
CY Other Revenue$18,583,939CYOtherRevenueAmt
PY Total Revenue$1,400,964,891PYTotalRevenueAmt
CY Total Revenue$1,465,915,989CYTotalRevenueAmt
PY Grants And Similar Paid$441,773,930PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$444,710,365CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$609,223,805PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$634,410,880CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$462,254PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$150,771CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$17,063,541CYTotalFundraisingExpenseAmt
PY Other Expenses$401,746,543PYOtherExpensesAmt
CY Other Expenses$394,116,862CYOtherExpensesAmt
PY Total Expenses$1,453,206,532PYTotalExpensesAmt
CY Total Expenses$1,473,388,878CYTotalExpensesAmt
PY Revenues Less Expenses-$52,241,641PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$7,472,889CYRevenuesLessExpensesAmt
Total Assets BOY$2,909,630,575TotalAssetsBOYAmt
Total Assets EOY$2,938,982,871TotalAssetsEOYAmt
Total Liabilities BOY$1,515,394,694TotalLiabilitiesBOYAmt
Total Liabilities EOY$1,514,602,898TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$1,394,235,881NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$1,424,379,973NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionDREXEL UNIVERSITY FULFILLS ITS FOUNDER'S VISION OF PREPARING EACH NEW GENERATION OF STUDENTS FOR PRODUCTIVE PROFESSIONAL AND CIVIC LIVES WHILE ALSO FOCUSING ITS COLLECTIVE EXPERTISE ON SOLVING SOCIETY'S GREATEST PROBLEMS. DREXEL IS AN ACADEMICALLY COMPREHENSIVE AND GLOBALLY ENGAGED URBAN RESEARCH UNIVERSITY, DEDICATED TO ADVANCING KNOWLEDGE AND SOCIETY AND TO PROVIDING EVERY STUDENT WITH A VALUABLE, RIGOROUS, EXPERIENTIAL, TECHNOLOGY-INFUSED EDUCATION, ENRICHED BY THE NATION'S PREMIER CO-OPERATIVE EDUCATION PROGRAM.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$1,061,601,628ExpenseAmt
Grant$425,377,015GrantAmt
Revenue$1,111,509,131RevenueAmt
DescINSTRUCTIONDREXEL IS A COMPREHENSIVE NATIONAL RESEARCH UNIVERSITY DEDICATED TO PROVIDING QUALITY UNDERGRADUATE, GRADUATE AND PROFESSIONAL EDUCATION FEATURING EXCELLENT ACADEMICS, STATE-OF-THE-ART TECHNOLOGY AND A FOCUS ON REAL-WORLD LEARNING AND SERVICE. DREXEL IS CLASSIFIED AS AN R1 RESEARCH UNIVERSITY IN THE CARNEGIE CLASSIFICATION OF INSTITUTIONS OF HIGHER EDUCATION - A RANK THAT DENOTES THE HIGHEST LEVEL OF RESEARCH ACTIVITY, HELD BY JUST 37 PRIVATE UNIVERSITIES AROUND THE COUNTRY. DREXEL DISCLOSED 56 NEW INVENTIONS AND RECEIVED 25 NEW UNITED STATES PATENTS IN FISCAL YEAR 2025. THE UNIVERSITY'S MISSION SERVES TRADITIONAL, ADULT AND ONLINE STUDENTS. DREXEL OFFERS NATIONALLY ACCREDITED PROGRAMS THAT MEET THE CHANGING NEEDS OF SOCIETY, INCLUDING MORE THAN 100 BACHELOR'S DEGREE PROGRAMS AND MORE THAN 120 GRADUATE AND PROFESSIONAL DEGREE PROGRAMS ORGANIZED IN 17 COLLEGES AND SCHOOLS: COLLEGE OF ARTS AND SCIENCES; SCHOOL OF BIOMEDICAL ENGINEERING, SCIENCE AND HEALTH SYSTEMS; BENNETT S. LEBOW COLLEGE OF BUSINESS; COLLEGE OF COMPUTING & INFORMATICS; SCHOOL OF EDUCATION; COLLEGE OF ENGINEERING; CHARLES D. CLOSE SCHOOL OF ENTREPRENEURSHIP; PENNONI HONORS COLLEGE; THOMAS R. KLINE SCHOOL OF LAW; ANTOINETTE WESTPHAL COLLEGE OF MEDIA ARTS & DESIGN; COLLEGE OF MEDICINE; COLLEGE OF NURSING AND HEALTH PROFESSIONS; RICHARD C. GOODWIN COLLEGE OF PROFESSIONAL STUDIES; DANA AND DAVID DORNSIFE SCHOOL OF PUBLIC HEALTH; SCHOOL OF ECONOMICS; GRADUATE SCHOOL OF BIOMEDICAL SCIENCES AND PROFESSIONAL STUDIES AND PENNSYLVANIA COLLEGE OF OPTOMETRY.MOST RECENTLY, FOLLOWING APPROVAL FROM THE MIDDLE STATES COMMISSION ON HIGHER EDUCATION (MSCHE) ACCREDITING BODY AND THE U.S. DEPARTMENT OF EDUCATION, DREXEL COMPLETED A MERGER WITH SALUS UNIVERSITY THAT BRINGS TOGETHER THE COMPLEMENTARY STRENGTHS OF BOTH INSTITUTIONS IN GRADUATE HEALTH SCIENCES EDUCATION, RESEARCH, AND CLINICAL PRACTICE. THE MERGER STRENGTHENS DREXEL'S PLACE AS A LEADER IN PREPARING FUTURE INTERPROFESSIONAL HEALTH SCIENCES PRACTITIONERS BY ADDING RENOWNED SALUS GRADUATE DEGREE PROGRAMS SUCH AS OPTOMETRY, AUDIOLOGY, BLINDNESS AND LOW VISION STUDIES, SPEECH-LANGUAGE PATHOLOGY, OCCUPATIONAL THERAPY, AND ORTHOTICS AND PROSTHETICS. IN ADDITION, THE MERGER WITH SALUS EXPANDS DREXEL'S PHYSICIAN ASSISTANT PROGRAM, GRADUATE ENROLLMENT, AND PROMOTE INTERDISCIPLINARY RESEARCH OPPORTUNITIES IN NEW AREAS.DREXEL'S STRATEGIC EFFORTS FOCUS ON INVESTING FURTHER IN ACADEMIC EXCELLENCE, SERVING MORE STUDENTS WHILE IMPROVING THE STUDENT EXPERIENCE AND ENHANCING THE UNIVERSITY'S GLOBAL IMPACT. DREXEL HAS GROWN TO BECOME AN ECONOMIC ENGINE FOR PHILADELPHIA, SERVING AS ONE OF THE CITY'S LARGEST EMPLOYERS, GENERATING MILLIONS OF DOLLARS IN WAGE TAXES, ATTRACTING EXTERNAL FUNDING FOR RESEARCH AND KEY REAL ESTATE DEVELOPMENT PROJECTS, INVESTING IN PUBLIC SCHOOLS, AND SUPPORTING IMPORTANT COMMUNITY ORGANIZATIONS.DREXEL'S ACADEMIC ENTERPRISE HELPS STRENGTHEN THE NEIGHBORHOODS AROUND ITS CAMPUSES. DREXEL HAS LED AND SUPPORTED A NUMBER OF PROJECTS THAT BRING RESOURCES TO THE COMMUNITY. THIS INCLUDES WORKING TO BRING GRANTS TO SUPPORT LOCAL SCHOOLS AND EARLY CHILDHOOD EDUCATION IN WEST PHILADELPHIA. THE UNIVERSITY ESTABLISHED ITS DIGITAL NAVIGATORS PROGRAM IN 2021 TO PROVIDE ACCESS TO LOW-COST INTERNET, DEVICES AND DIGITAL SKILLS TRAINING TO COMMUNITY MEMBERS WHO ARE LACKING ACCESS. DREXEL IS CURRENTLY RENOVATING THE FORMER WEST PHILADELPHIA COMMUNITY CENTER TO PRESERVE ITS LONGSTANDING ROLE IN SERVING THE LOCAL NEIGHBORHOOD WITH PUBLICLY ACCESSIBLE PROGRAMS AND ACTIVITIES. AS PART OF ITS "ACADEMIC TRANSFORMATION" INITIATIVE, DREXEL IS REIMAGINING THE INSTITUTION'S FUTURE THROUGH THE INTEGRATION OF PROGRAMS AND SCHOOLS AND A REDESIGN OF CURRICULUM AROUND CORE COMPETENCIES. DREXEL IS ALSO TRANSITIONING TO A SEMESTER SYSTEM. THIS SHIFT WILL PROVIDE STUDENTS WITH EVEN GREATER FLEXIBILITY AS THEY PURSUE CO-OP AND EXPERIENTIAL LEARNING OPPORTUNITIES. DRIVING THESE EFFORTS IS THE UNIVERSITY'S STEADFAST COMMITMENT TO DELIVERING A STUDENT-CENTERED, WORLD-CLASS EDUCATION - ONE THAT'S DEEPLY EXPERIENTIAL AND DESIGNED TO GIVE STUDENTS A POWERFUL HEAD START BEFORE THEY GRADUATE.DREXEL IS AN INSTITUTION THAT STANDS APART WITHIN THE HIGHER EDUCATION SECTOR BECAUSE EXPERIENTIAL EDUCATION HAS BEEN AT ITS CORE SINCE ITS FOUNDING IN 1891. BECAUSE OF THIS, DREXEL IS ONE OF A SMALL NUMBER OF UNIVERSITIES LEADING THE WAY AS THE SECTOR SHIFTS TO FOCUS ON RETURN ON INVESTMENT AND OTHER POSITIVE STUDENT OUTCOMES THAT EXPERIENTIAL EDUCATION HAS SHOWN TO PROVIDE. ABOUT 95 PERCENT OF STUDENTS PARTICIPATE IN CO-OP OPPORTUNITIES OR OTHER EXPERIENTIAL LEARNING, AND DREXEL GRADUATES RANK IN THE TOP 3 PERCENT NATIONWIDE FOR LIFETIME EARNINGS.EXPANDING ON THIS MODEL, THE UNIVERSITY ANNOUNCED THE LAUNCH OF AN EXPERIENTIAL EDUCATION HUB, A VISIONARY STEP THAT PROVIDES STUDENTS WITH AN ENHANCED OPPORTUNITY TO IMMEDIATELY APPLY THEIR EDUCATION TO THE REAL WORLD. THIS HUB WILL CLOSELY ALIGN THE UNIVERSITY'S FLAGSHIP CO-OP PROGRAM AND OTHER EXPERIENTIAL LEARNING OPPORTUNITIES INCLUDING RESEARCH, CIVIC ENGAGEMENT, GLOBAL EXPERIENCES AND PROJECT-BASED LEARNING WITH DREXEL'S ACADEMIC ENTERPRISE. AS AN IMPORTANT FIRST STEP IN CONNECTING ALL THESE EXPERIENCES, THE UNIVERSITY IS BRINGING TOGETHER - WITHIN THE OFFICE OF THE PROVOST - DREXEL GLOBAL AND THE STEINBRIGHT CAREER DEVELOPMENT CENTER. DREXEL HAS MADE A STRATEGIC COMMITMENT TO HELP IMPROVE THE NATION'S GLOBAL COMPETITIVENESS BY INCREASING STUDENTS' INTERNATIONAL ENGAGEMENT TO BUILD CULTURAL COMPETENCIES. DREXEL GLOBAL WORKS WITH UNITS ACROSS THE UNIVERSITY TO BUILD AN ECOSYSTEM OF GLOBAL PARTNERSHIPS AND PROGRAMS BOTH ON AND OFF CAMPUS THROUGH DREXEL'S TRADEMARK PROGRAMS IN CO-OP, EDUCATION ABROAD, RESEARCH PARTNERSHIPS AND INDUSTRY RELATIONS.UNDERGRADUATE ENROLLMENT FOR ACADEMIC YEAR 2024-2025 = 13,282GRADUATE AND PROFESSIONAL ENROLLMENT FOR ACADEMIC YEAR 2024-2025 = 7,871 NUMBER OF DEGREES CONFERRED IN ACADEMIC YEAR 2024-2025: ASSOCIATE DEGREES = 0 BACHELOR'S DEGREES = 2,830 MASTER'S DEGREES = 2,043 DOCTORAL DEGREES = 820 CERTIFICATES AND OTHER = 495LEADERSHIP:FOLLOWING A UNANIMOUS VOTE BY DREXEL UNIVERSITY'S BOARD OF TRUSTEES, POLITICAL ECONOMIST AND ACADEMIC, ANTONIO MERLO, PHD, WAS CONFIRMED ON JANUARY 31, 2025 AS THE 16TH PRESIDENT IN THE UNIVERSITY'S 133-YEAR HISTORY. MERLO, FORMER ANNE AND JOEL EHRENKRANZ DEAN OF NEW YORK UNIVERSITY'S FACULTY OF ARTS & SCIENCE, SUCCEEDED INTERIM PRESIDENT DENIS P. O'BRIEN AND BEGAN HIS TENURE AT DREXEL ON JULY 1, 2025.A HIGHLY ACCOMPLISHED SCHOLAR, MERLO IS RECOGNIZED AS AN ADMINISTRATOR WHO LEVERAGES ACADEMIC STRENGTHS, FOSTERS COMMUNITY, AND PROMOTES SCHOLARSHIP AND COLLABORATION ACROSS DEPARTMENTS. HE HAS REINFORCED DREXEL'S COMMITMENT TO PROVIDING A STUDENT-FOCUSED, TOP-TIER EDUCATION THAT EMPHASIZES REAL-WORLD EXPERIENCE AND GIVES STUDENTS A STRONG ADVANTAGE BEFORE THEY GRADUATE.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$172,735,685ExpenseAmt
Grant$19,333,350GrantAmt
Revenue$26,168,369RevenueAmt
DescRESEARCHDREXEL RESEARCHERS WORK ACROSS DISCIPLINES TO INCREASE THE WORLD'S STORE OF KNOWLEDGE AND TRANSLATE THAT NEW KNOWLEDGE INTO SOLUTIONS WITH TREMENDOUS POSITIVE IMPACT ON SOCIETY. TYPICALLY, THE UNIVERSITY RECEIVES ABOUT $110 MILLION PER YEAR IN RESEARCH EXPENDITURES. THE UNIVERSITY IS COMMITTED TO USING ITS RESEARCH AND TECHNOLOGICAL EXPERTISE TO BECOME AN EVEN MORE POWERFUL ECONOMIC ENGINE FOR GREATER PHILADELPHIA, HELPING TO CREATE NEW HIGH-TECH BUSINESSES AND JOBS. DREXEL IS CREATING AN ECOSYSTEM OF INNOVATION IN AND AROUND UNIVERSITY CITY. THIS ECOSYSTEM WILL ULTIMATELY BENEFIT STUDENTS, THROUGH CO-OPS AND CAREER OPPORTUNITIES; FACULTY, THROUGH COLLABORATIVE RESEARCH AND TRAINING; AND THE SURROUNDING COMMUNITY, THROUGH THE CREATION OF PIPELINES TO EMPLOYMENT.THIS COMMITMENT IS AT THE HEART OF SCHUYLKILL YARDS, A $3.5 BILLION MIXED-USE PROJECT WITH DEVELOPMENT PARTNER BRANDYWINE REALTY TRUST ON UNIVERSITY REAL ESTATE ADJACENT TO PHILADELPHIA'S AMTRAK 30TH STREET STATION. IN PARTNERSHIP WITH WEXFORD SCIENCE AND TECHNOLOGY, DREXEL IS ALSO EXTENDING UCITY SQUARE, A MULTI-BILLION-DOLLAR DEVELOPMENT, THROUGH A FACILITY THAT HOUSES K-8 PUBLIC SCHOOLS AND AN ACADEMIC BUILDING THAT RELOCATED THE COLLEGE OF MEDICINE AND COLLEGE OF NURSING AND HEALTH PROFESSIONS TO THE UNIVERSITY CITY CAMPUS.MOST RECENTLY, SPARK THERAPEUTICS BROKE GROUND ON A $575 MILLION STATE-OF-THE-ART GENE THERAPY INNOVATION CENTER ON DREXEL'S CAMPUS. THROUGH A PARTNERSHIP WITH GATTUSO DEVELOPMENT PARTNERS, THE CAMPUS WILL ALSO BOAST WHAT IS EXPECTED TO BECOME THE CITY'S LARGEST LIFE SCIENCES FACILITY.DURING FY25, DREXEL UNIVERSITY CONDUCTED RESEARCH ON THE FOLLOWING RESEARCH GRANTS:FEDERALLY SPONSORED RESEARCH - 911 GRANTSSTATE OF PENNSYLVANIA SPONSORED RESEARCH - 93 GRANTSCITY OF PHILADELPHIA CONTRACTS - 25 GRANTSPRIVATE FOUNDATION SPONSORED RESEARCH - 369 GRANTSINDUSTRY SPONSORED RESEARCH - 82 GRANTSDesc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$40,812,616ExpenseAmt
Revenue$28,531,429RevenueAmt
DescPATIENT CARE/PUBLIC SERVICEIT IS DREXEL UNIVERSITY'S PATIENT CARE MISSION TO SERVE THE COMMUNITY THROUGH THE DELIVERY OF HIGH-QUALITY, COST-EFFECTIVE HEALTH CARE SERVICES, INCLUDING PROGRAMS OF HEALTH PROMOTION AND DISEASE PREVENTION. ALL CLINICAL SERVICES ARE PROVIDED WITH CAREFUL REGARD FOR THE INDIVIDUAL PATIENT AND THEIR FAMILY. THE UNIVERSITY'S CLINICAL PRACTICES PROVIDE PATIENT-CENTERED HEALTH CARE IN A VARIETY OF SERVICES INCLUDING GENERAL INTERNAL MEDICINE, HIV/AIDS, STUDENT HEALTH, ADDICTION MEDICINE, PSYCHIATRY, EATING DISORDERS, AND OPTOMETRY, AMONG OTHERS.Desc
FieldValueIRS element (for citing)
Total Program Service Expenses$1,275,149,929TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying ActivitiesYes (1)LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of ArtYes (1)CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi EndowmentsYes (1)DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other SecYes (1)ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other AssetsYes (1)ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (1)ConsolidatedAuditFinclStmtInd
School OperatingYes (1)SchoolOperatingInd
Foreign OfficeYes (1)ForeignOfficeInd
Foreign ActivitiesYes (1)ForeignActivitiesInd
More Than5000 K To OrgYes (1)MoreThan5000KToOrgInd
More Than5000 K To IndividualsYes (1)MoreThan5000KToIndividualsInd
Professional FundraisingYes (1)ProfessionalFundraisingInd
Fundraising ActivitiesYes (1)FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To OrganizationsYes (1)GrantsToOrganizationsInd
Grants To IndividualsYes (1)GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt BondsYes (1)TaxExemptBondsInd
Invest Tax Exempt Bonds0InvestTaxExemptBondsInd
Escrow Account0EscrowAccountInd
On Behalf Of Issuer0OnBehalfOfIssuerInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan OutstandingYes (1)LoanOutstandingInd
Grant To Related PersonYes (1)GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam MemYes (1)BusinessRlnWithFamMemInd
Business Rln With35 Ctrl EntYes (1)BusinessRlnWith35CtrlEntInd
Deductible Non Cash ContriYes (1)DeductibleNonCashContriInd
Deductible Art ContributionYes (1)DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded EntityYes (1)DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl EntYes (1)RelatedOrganizationCtrlEntInd
Transaction With Control EntYes (1)TransactionWithControlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
Info In Schedule O Part VYes (X)InfoInScheduleOPartVInd
IRP Document26463IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee12301EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitYes (1)UnrelatedBusIncmOverLimitInd
Form990 T FiledYes (1)Form990TFiledInd
Foreign Financial AccountYes (1)ForeignFinancialAccountInd
Foreign CountryINForeignCountryCd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo ContributionsYes (1)QuidProQuoContributionsInd
Quid Pro Quo Contri DisclYes (1)QuidProQuoContriDisclInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht PymtYes (1)SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members57GoverningBodyVotingMembersCnt
Independent Voting Member51IndependentVotingMemberCnt
Family Or Business RlnYes (1)FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint VentureYes (1)InvestmentInJointVentureInd
Written Policy Or ProcedureYes (1)WrittenPolicyOrProcedureInd
States Where Copy Of Return Is FldPAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldAKStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMDStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMIStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNHStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNYStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldSCStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldWAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldCOStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldCAStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1COMPTROLLER'S OFFICEBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone2158951442PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line13141 CHESTNUT STREET STE 225AddressLine1Txt
CityPHILADELPHIACityNm
State AbbreviationPAStateAbbreviationCd
ZIP19104ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (88 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
JOHN A FRY
PRESIDENT (TO 9/30/24)40.007.00Yes (X)Yes (X)$1,829,538$0$51,341
MICHAEL MITTELMAN
TRUSTEE (AS OF 7/1/24)40.000.00Yes (X)$188,450$0$21,052
DENIS O'BRIEN
INTERIM PRESIDENT (AS OF 10/1/24)40.007.00Yes (X)Yes (X)$0$0$0
RICHARD GREENAWALT
CHAIR (TO 5/14/25)2.000.00Yes (X)Yes (X)$0$0$0
J MICHAEL LAWRIE
CHAIR (AS OF 5/14/25)2.000.00Yes (X)Yes (X)$0$0$0
RICHARD HAYNE
VICE CHAIR (TO 5/14/25)2.000.00Yes (X)Yes (X)$0$0$0
NINA HENDERSON
VICE CHAIR2.000.00Yes (X)Yes (X)$0$0$0
RICHELLE PARHAM
VICE CHAIR2.000.00Yes (X)Yes (X)$0$0$0
STAN SILVERMAN
VICE CHAIR2.000.00Yes (X)Yes (X)$0$0$0
MICHAEL J WILLIAMS
VICE CHAIR (AS OF 5/14/25)2.000.00Yes (X)Yes (X)$0$0$0
ALFRED F ALTOMARI
TRUSTEE2.000.00Yes (X)$0$0$0
CHRIS MCKENDRY ANDRADE
TRUSTEE2.000.00Yes (X)$0$0$0
JEFFREY A BEACHELL
TRUSTEE2.002.00Yes (X)$0$0$0
JAMES BEAN
TRUSTEE2.000.00Yes (X)$0$0$0
THOMAS BEEMAN
TRUSTEE (AS OF 7/1/24)2.000.00Yes (X)$0$0$0
GREGORY S BENTLEY
TRUSTEE2.000.00Yes (X)$0$0$0
THOMAS RICK BERK
TRUSTEE2.000.00Yes (X)$0$0$0
SUZANNE BIEMILLER
TRUSTEE (AS OF 3/5/25)2.002.00Yes (X)$0$0$0
TED BRYCE
TRUSTEE2.000.00Yes (X)$0$0$0
KAREN DOUGHERTY BUCHOLZ
TRUSTEE2.000.00Yes (X)$0$0$0
THOMAS A CARAMANICO
TRUSTEE2.000.00Yes (X)$0$0$0
HONORABLE IDA K CHEN
TRUSTEE2.000.00Yes (X)$0$0$0
KATHLEEN P CHIMICLES
TRUSTEE2.000.00Yes (X)$0$0$0
K BLAIR CHRISTIE
TRUSTEE2.000.00Yes (X)$0$0$0
DELLA CLARK
TRUSTEE2.000.00Yes (X)$0$0$0
ABBIE DEAN
TRUSTEE2.002.00Yes (X)$0$0$0
NICHOLAS DEBENEDICTIS
TRUSTEE2.000.00Yes (X)$0$0$0
REBECCA DELIA
TRUSTEE (AS OF 7/1/24)2.000.00Yes (X)$0$0$0
AMISH DESAI
TRUSTEE2.000.00Yes (X)$0$0$0
GERIANNE T DIPIANO
TRUSTEE2.000.00Yes (X)$0$0$0
DOMENIC M DIPIERO III
TRUSTEE2.000.00Yes (X)$0$0$0
ANGELA DOWD-BURTON
TRUSTEE2.000.00Yes (X)$0$0$0
CHRISTOPHER FERGUSON
TRUSTEE (AS OF 5/14/25)2.000.00Yes (X)$0$0$0
THOMAS O FITZPATRICK ESQ
TRUSTEE2.000.00Yes (X)$0$0$0
BRIAN R FORD
TRUSTEE2.000.00Yes (X)$0$0$0
MICHAEL FORMAN
TRUSTEE (TO 5/14/25)2.000.00Yes (X)$0$0$0
KENNETH FULMER
TRUSTEE2.000.00Yes (X)$0$0$0
SEAN J GALLAGHER
TRUSTEE2.000.00Yes (X)$0$0$0
DAVID R GELTZER
TRUSTEE2.000.00Yes (X)$0$0$0
BERNARD GREENE
TRUSTEE (AS OF 7/1/24)2.000.00Yes (X)$0$0$0
DAVID GRIFFITH
TRUSTEE (TO 3/5/25)2.002.00Yes (X)$0$0$0
MAURICIO GUTIERREZ
TRUSTEE2.000.00Yes (X)$0$0$0
NICK HOWLEY
TRUSTEE2.000.00Yes (X)$0$0$0
CLIFFORD A HUDIS
TRUSTEE2.000.00Yes (X)$0$0$0
RICHARD C ILL
TRUSTEE (TO 5/14/25)2.000.00Yes (X)$0$0$0
PATRICIA H IMBESI
TRUSTEE2.000.00Yes (X)$0$0$0
JOSEPH H JACOVINI ESQ
TRUSTEE2.000.00Yes (X)$0$0$0
THOMAS R KLINE
TRUSTEE2.000.00Yes (X)$0$0$0
THOMAS LEONARD
TRUSTEE2.000.00Yes (X)$0$0$0
ALBERT LORD
TRUSTEE2.000.00Yes (X)$0$0$0
JEFFREY LYASH JR
TRUSTEE2.000.00Yes (X)$0$0$0
JERRY J MARTIN
TRUSTEE2.000.00Yes (X)$0$0$0
MARK MCADOO
TRUSTEE2.000.00Yes (X)$0$0$0
PATRICK MCGONIGAL
TRUSTEE2.000.00Yes (X)$0$0$0
MATTHEW S NAYLOR
TRUSTEE (TO 5/14/25)2.000.00Yes (X)$0$0$0
KEVIN J O'HARA
TRUSTEE2.000.00Yes (X)$0$0$0
ANDREW PENNONI
TRUSTEE (AS OF 5/14/25)2.000.00Yes (X)$0$0$0
THOMAS M RAMPULLA
TRUSTEE2.000.00Yes (X)$0$0$0
KATHLEEN REAPE
TRUSTEE2.000.00Yes (X)$0$0$0
KATHLEEN REARDON
TRUSTEE2.000.00Yes (X)$0$0$0
MARIA RENZ
TRUSTEE2.000.00Yes (X)$0$0$0
LEVOYD ROBINSON
TRUSTEE (TO 5/14/25)2.000.00Yes (X)$0$0$0
VIRGINIA S ROSE
TRUSTEE2.000.00Yes (X)$0$0$0
JOSEPH P UJOBAI
TRUSTEE2.000.00Yes (X)$0$0$0
CHARLES K VALUTAS
TRUSTEE (TO 5/14/25)2.000.00Yes (X)$0$0$0
STEPHEN L WANNER
TRUSTEE2.000.00Yes (X)$0$0$0
HELEN Y BOWMAN
EXECUTIVE VP/COO/CFO/TREASURER40.007.00Yes (X)$731,029$0$132,698
DARIN PFEIFER
SECRETARY40.000.00Yes (X)$186,059$0$25,134
TRACY POWELL
SVP, UNIVERSITY MARKETING & COMM40.000.00$477,757$0$57,438Yes (X)
DAVID L UNRUH
SVP, INSTITUTIONAL ADVANCEMENT40.000.00$693,018$0$132,698Yes (X)
MICHAEL J EXLER ESQ
SVP AND GENERAL COUNSEL40.000.00$686,490$0$132,698Yes (X)
BRIAN T KEECH
SVP, GOVERNMENT AND COMM RELATIONS40.000.00$415,295$0$57,698Yes (X)
PAUL JENSEN
NINA HENDERSON PROVOST & EVP40.002.00$659,811$0$57,698Yes (X)
ELISABETH VAN BOCKSTAELE
SVP, GRADUATE AND ONLINE EDUCATION40.000.00$699,203$0$128,344Yes (X)
SUBIR SAHU
SVP, STUDENT SUCCESS & INT SVP40.000.00$640,018$0$125,538Yes (X)
CHARLES CAIRNS
DEAN & SVP, MED AFFAIRS, COM40.000.00$1,066,351$0$155,675Yes (X)
ALEISTER SAUNDERS
EXEC. VICE PROVOST, RES. & INNOV40.000.00$347,990$0$47,577Yes (X)
MEGAN WEYLER
SVP AND CHRO40.000.00$610,242$0$113,918Yes (X)
CATHERINE ULOZAS
SVP, CHIEF INVESTMENT OFFICER40.000.00$510,087$0$147,443Yes (X)
REBECCA RHYNHART
SVP FIN/CFO/DEP TREAS (TO 3/17/25)40.000.00$379,252$0$49,635Yes (X)
DAWN MEDLEY
SVP, ENROLL MGMT (TO 6/10/25)40.000.00$419,829$0$47,139Yes (X)
VERDI DISESA
SR. VICE DEAN & COO40.000.00$493,054$0$38,453Yes (X)
ZACHARY SPIKER
HEAD COACH, BASKETBALL40.000.00$491,044$0$50,091Yes (X)
THOMAS DECHIARO
VP, INFORMATION TECHNOLOGY & CIO40.000.00$490,541$0$45,373Yes (X)
SHARON WALKER
DEAN, COLLEGE OF ENGINEERING40.000.00$488,953$0$50,798Yes (X)
PAUL BRANDT-RAUF
DEAN, SCHOOL OF BIOMEDICAL ENG40.000.00$479,541$0$46,936Yes (X)
DANIEL SCHIDLOW
FORMER KEY EMPLOYEE40.000.00$314,086$0$34,811Yes (X)
NIKI GIANAKARIS
FORMER KEY EMPLOYEE40.000.00$166,533$0$24,770Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$13,464,171TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$1,774,956TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K1328IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedYes (1)FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
ARAMARK SERVICES INC
1101 MARKET STPHILADELPHIAPA191072901FOOD SERVICES$18,115,878
ALLIED UNIVERSAL SECURITY SERVICES
161 WASHINGTON STCONSHOHOCKENPA19104SECURITY SERVICES$8,450,986
WEBCO INTECH
2517 MOORE STPHILADELPHIAPA19145CONSTRUCTION SERVICES$4,697,706
STC PEDIATRICS LLC
160 EAST ERIE AVEPHILADELPHIAPA191825602ACADEMIC SERVICES$3,244,555
LEVLANE ADVERTISING INC
130 S 18TH ST STE 310PHILADELPHIAPA19103ADVERTISING SERVICES$3,066,074
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K147CntrctRcvdGreaterThan100KCnt
Federated Campaigns$5,309FederatedCampaignsAmt
Fundraising$442,735FundraisingAmt
Related Organizations$2,022,722RelatedOrganizationsAmt
Government Grants$130,950,741GovernmentGrantsAmt
All Other Contributions$84,567,246AllOtherContributionsAmt
Noncash Contributions$3,813,066NoncashContributionsAmt
Total Contributions$217,988,753TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (5 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
TUITION AND FEES611310$1,088,205,538$1,088,205,538
NON-DIRECT PUB SUPPORT541700$29,008,743$29,008,743
PATIENT CARE621110$28,320,543$28,320,543
AUXILIARY ENTERPRISES611710$11,930,522$11,930,522
OTHER PROGRAM SERVICES611710$123,728$123,728
FieldValueIRS element (for citing)
Total Program Service Revenue$1,157,589,074TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$38,245,864TotalRevenueColumnAmt
Exclusion$38,245,864ExclusionAmt

Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp

FieldValueIRS element (for citing)
Total Revenue Column$6,480TotalRevenueColumnAmt
Exclusion$6,480ExclusionAmt

Royalties Revenue RoyaltiesRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$164,881TotalRevenueColumnAmt
Exclusion$164,881ExclusionAmt

Gross Rents GrossRentsGrp

FieldValueIRS element (for citing)
Real$3,344,957RealAmt

Less Rental Expenses LessRentalExpensesGrp

FieldValueIRS element (for citing)
Real$512,202RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real$2,832,755RealAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$2,832,755TotalRevenueColumnAmt
Exclusion$2,832,755ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$163,878,074SecuritiesAmt
Other$16,180OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$129,019,423SecuritiesAmt
Other$1,372,952OtherAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$34,858,651SecuritiesAmt
Other-$1,356,772OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$33,501,879TotalRevenueColumnAmt
Exclusion$33,501,879ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$422,214FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event$442,735ContriRptFundraisingEventAmt
Fundraising Direct Expenses$641,359FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column-$219,145TotalRevenueColumnAmt
Exclusion-$219,145ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp (3 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmtUnrelated Business RevenueUnrelatedBusinessRevenueAmt
MISCELLANEOUS REVENUE900099$10,175,760$8,619,855$1,555,905
K-1 PASSTHROUGH525990$4,918,756$4,918,756
PARKING SERVICES812930$710,932$710,932
FieldValueIRS element (for citing)
Other Revenue Total$15,805,448OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,465,915,989TotalRevenueColumnAmt
Related Or Exempt Func Income$1,166,208,929RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$7,185,593UnrelatedBusinessRevenueAmt
Exclusion$74,532,714ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$16,954,181TotalAmt
Program Services$16,954,181ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$425,157,390TotalAmt
Program Services$425,157,390ProgramServicesAmt

Foreign Grants ForeignGrantsGrp

FieldValueIRS element (for citing)
Total$2,598,794TotalAmt
Program Services$2,598,794ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$10,742,096TotalAmt
Program Services$2,752,259ProgramServicesAmt
Management And General$6,738,558ManagementAndGeneralAmt
Fundraising$1,251,279FundraisingAmt

Comp Disqual Persons CompDisqualPersonsGrp

FieldValueIRS element (for citing)
Total$145,000TotalAmt
Management And General$145,000ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$499,525,942TotalAmt
Program Services$421,769,871ProgramServicesAmt
Management And General$67,529,245ManagementAndGeneralAmt
Fundraising$10,226,826FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$18,214,316TotalAmt
Program Services$15,248,274ProgramServicesAmt
Management And General$2,568,018ManagementAndGeneralAmt
Fundraising$398,024FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$71,158,094TotalAmt
Program Services$58,581,945ProgramServicesAmt
Management And General$11,028,588ManagementAndGeneralAmt
Fundraising$1,547,561FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$34,625,432TotalAmt
Program Services$28,804,075ProgramServicesAmt
Management And General$5,045,587ManagementAndGeneralAmt
Fundraising$775,770FundraisingAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$2,162,019TotalAmt
Program Services$2,141,636ProgramServicesAmt
Management And General$20,383ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$2,887,383TotalAmt
Program Services$647,563ProgramServicesAmt
Management And General$2,229,998ManagementAndGeneralAmt
Fundraising$9,822FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$1,554,687TotalAmt
Program Services$42,830ProgramServicesAmt
Management And General$1,511,857ManagementAndGeneralAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

FieldValueIRS element (for citing)
Total$534,352TotalAmt
Program Services$444,503ProgramServicesAmt
Management And General$89,849ManagementAndGeneralAmt

Fees For Services Prof Fundraising FeesForServicesProfFundraising

FieldValueIRS element (for citing)
Total$150,771TotalAmt
Fundraising$150,771FundraisingAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$4,032,736TotalAmt
Management And General$4,032,736ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$49,127,527TotalAmt
Program Services$36,690,279ProgramServicesAmt
Management And General$11,681,274ManagementAndGeneralAmt
Fundraising$755,974FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$11,089,928TotalAmt
Program Services$4,704,155ProgramServicesAmt
Management And General$6,378,907ManagementAndGeneralAmt
Fundraising$6,866FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$37,912,145TotalAmt
Program Services$34,294,499ProgramServicesAmt
Management And General$3,228,692ManagementAndGeneralAmt
Fundraising$388,954FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$30,891,049TotalAmt
Program Services$24,452,162ProgramServicesAmt
Management And General$5,842,135ManagementAndGeneralAmt
Fundraising$596,752FundraisingAmt

Royalties RoyaltiesGrp

FieldValueIRS element (for citing)
Total$1,640,185TotalAmt
Program Services$1,640,185ProgramServicesAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$115,576,445TotalAmt
Program Services$91,665,228ProgramServicesAmt
Management And General$23,906,047ManagementAndGeneralAmt
Fundraising$5,170FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$10,178,822TotalAmt
Program Services$9,619,242ProgramServicesAmt
Management And General$296,815ManagementAndGeneralAmt
Fundraising$262,765FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$5,638,416TotalAmt
Program Services$4,324,628ProgramServicesAmt
Management And General$995,597ManagementAndGeneralAmt
Fundraising$318,191FundraisingAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$22,628,335TotalAmt
Program Services$20,637,051ProgramServicesAmt
Management And General$1,991,284ManagementAndGeneralAmt

Payments To Affiliates PaymentsToAffiliatesGrp

FieldValueIRS element (for citing)
Total$6,173,019TotalAmt
Management And General$6,173,019ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$55,276,556TotalAmt
Program Services$51,106,892ProgramServicesAmt
Management And General$4,169,664ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$17,595,986TotalAmt
Program Services$7,266,764ProgramServicesAmt
Management And General$10,325,991ManagementAndGeneralAmt
Fundraising$3,231FundraisingAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
BAD DEBT EXPENSE$7,013,438$7,013,438
PROFESSIONAL MEMBERSHIP$2,328,249$1,615,693$680,317$32,239
PARTICIPANT EXPENSE$2,282,452$2,249,191$33,261
UBI TAXES$1,814,711$1,814,711

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$5,778,422TotalAmt
Program Services$2,727,201ProgramServicesAmt
Management And General$2,717,875ManagementAndGeneralAmt
Fundraising$333,346FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$1,473,388,878TotalAmt
Program Services$1,275,149,929ProgramServicesAmt
Management And General$181,175,408ManagementAndGeneralAmt
Fundraising$17,063,541FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$102,851BOYAmt
EOY$99,108EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$21,448,375BOYAmt
EOY$41,135,605EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$129,404,112BOYAmt
EOY$106,867,693EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$92,906,791BOYAmt
EOY$103,299,674EOYAmt

Receivables From Officers Etc ReceivablesFromOfficersEtcGrp

FieldValueIRS element (for citing)
BOY$472,746BOYAmt
EOY$491,042EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$11,094,771BOYAmt
EOY$14,923,428EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$1,803,004,934LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$769,457,489LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$1,057,029,593BOYAmt
EOY$1,033,547,445EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$482,696,465BOYAmt
EOY$440,453,834EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$534,514,000BOYAmt
EOY$625,618,961EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

FieldValueIRS element (for citing)
BOY$14,604,736BOYAmt
EOY$12,904,848EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$565,356,135BOYAmt
EOY$559,641,233EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$2,909,630,575BOYAmt
EOY$2,938,982,871EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$148,186,452BOYAmt
EOY$164,502,028EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$146,409,463BOYAmt
EOY$151,618,404EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$387,154,565BOYAmt
EOY$374,614,944EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$167,965,000BOYAmt
EOY$177,400,000EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$665,679,214BOYAmt
EOY$646,467,522EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$1,515,394,694BOYAmt
EOY$1,514,602,898EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$598,962,738BOYAmt
EOY$562,593,424EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$795,273,143BOYAmt
EOY$861,786,549EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,394,235,881BOYAmt
EOY$1,424,379,973EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$2,909,630,575BOYAmt
EOY$2,938,982,871EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss-$7,472,889ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$40,226,473NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets-$2,609,492OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consolidated Basis Fincl StmtYes (X)ConsolidatedBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit RequiredYes (1)FederalGrantAuditRequiredInd
Federal Grant Audit PerformedYes (1)FederalGrantAuditPerformedInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
SchoolYes (X)SchoolInd

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$241,046,762CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$208,875,017CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$231,867,487CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$211,975,029CurrentTaxYearMinus1YearAmt
Current Tax Year$217,988,753CurrentTaxYearAmt
Total$1,111,753,048TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$241,046,762CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$208,875,017CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$231,867,487CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$211,975,029CurrentTaxYearMinus1YearAmt
Current Tax Year$217,988,753CurrentTaxYearAmt
Total$1,111,753,048TotalAmt
FieldValueIRS element (for citing)
Public Support Total170$1,111,753,048PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$20,193,143CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$30,176,954CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$27,719,426CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$32,305,219CurrentTaxYearMinus1YearAmt
Current Tax Year$41,762,182CurrentTaxYearAmt
Total$152,156,924TotalAmt

Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$930,966CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,248,759CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,556,276CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$4,188,901CurrentTaxYearMinus1YearAmt
Current Tax Year$4,156,802CurrentTaxYearAmt
Total$12,081,704TotalAmt
FieldValueIRS element (for citing)
Total Support$1,275,991,676TotalSupportAmt
Gross Receipts Rltd Activities$5,502,990,628GrossReceiptsRltdActivitiesAmt
Public Support CY1700.87130PublicSupportCY170Pct
Public Support PY1700.88020PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

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)
VolunteersYes (1)VolunteersInd
Paid Staff Or Management0PaidStaffOrManagementInd
Media Advertisements0MediaAdvertisementsInd
Mailings MembersYes (1)MailingsMembersInd
Mailings Members$205,002MailingsMembersAmt
Publications Or Broadcast0PublicationsOrBroadcastInd
Grants Other Organizations0GrantsOtherOrganizationsInd
Direct Contact LegislatorsYes (1)DirectContactLegislatorsInd
Direct Contact Legislators$534,352DirectContactLegislatorsAmt
Rallies Demonstrations0RalliesDemonstrationsInd
Other Activities0OtherActivitiesInd
Total Lobbying Expenditures$739,354TotalLobbyingExpendituresAmt
Not Described Section501c30NotDescribedSection501c3Ind

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART II-B, LINE 1:FormAndLineReferenceDesc
ExplanationLINE A - WE HAVE USED VOLUNTEERS TO HELP GET OUR MESSAGE TO ELECTED OFFICIALS. SPECIFICALLY, WE HAVE HAD MANY SUPPORTERS OF ST. CHRISTOPHER'S HOSPITAL FOR CHILDREN, WHICH IS JOINTLY OWNED BY DREXEL AND TOWER HEALTH, EXPRESS TO US THEIR DESIRE TO VOLUNTARILY EXPRESS THEIR SUPPORT FOR ST. CHRIS TO THEIR ELECTED OFFICIALS. LINE D - IN CASES WHERE LEGISLATION MAY, OR WILL AFFECT DREXEL UNIVERSITY AND ITS SUBSIDIARIES, OR HIGHER EDUCATION AND HEALTH CARE IN GENERAL, WE MAKE CONTACT WITH LEGISLATORS THROUGH MAILINGS. THESE ARE PERSONALIZED MAILINGS AS OPPOSED TO DIRECT MAIL CAMPAIGNS. LINE G - WE HAVE DIRECT CONTACT WITH OUR LEGISLATORS, THEIR STAFFS AND VARIOUS GOVERNMENT OFFICIALS THROUGHOUT THE YEAR VIA PHONE CALLS, WRITTEN CORRESPONDENCE, AND MEETINGS. THE FREQUENCY OF CONTACT DEPENDS ON THE ISSUE AT HAND.ExplanationTxt

Schedule D IRS990ScheduleD

Art Public Exhibition Amounts ArtPublicExhibitionAmountsGrp

FieldValueIRS element (for citing)
Assets Included$10,941,078AssetsIncludedAmt
FieldValueIRS element (for citing)
Collection Used Pub ExhibitionYes (X)CollectionUsedPubExhibitionInd
Coll Used Scholarly RsrchYes (X)CollUsedScholarlyRsrchInd
Collection Used PreservationYes (X)CollectionUsedPreservationInd
Coll Used Loan Or Exch ProgYes (X)CollUsedLoanOrExchProgInd
Solicited Assets Sale0SolicitedAssetsSaleInd

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$992,053,000BeginningYearBalanceAmt
Contributions$26,086,000ContributionsAmt
Investment Earnings Or Losses$92,497,000InvestmentEarningsOrLossesAmt
Grants Or Scholarships$10,644,000GrantsOrScholarshipsAmt
Other Expenditures$47,383,000OtherExpendituresAmt
End Year Balance$1,052,609,000EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$892,027,000BeginningYearBalanceAmt
Contributions$82,717,000ContributionsAmt
Investment Earnings Or Losses$66,774,000InvestmentEarningsOrLossesAmt
Grants Or Scholarships$12,235,000GrantsOrScholarshipsAmt
Other Expenditures$37,230,000OtherExpendituresAmt
End Year Balance$992,053,000EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$865,096,000BeginningYearBalanceAmt
Contributions$12,224,000ContributionsAmt
Investment Earnings Or Losses$61,350,000InvestmentEarningsOrLossesAmt
Grants Or Scholarships$13,818,000GrantsOrScholarshipsAmt
Other Expenditures$32,825,000OtherExpendituresAmt
End Year Balance$892,027,000EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$891,170,000BeginningYearBalanceAmt
Contributions$10,604,000ContributionsAmt
Investment Earnings Or Losses$2,290,000InvestmentEarningsOrLossesAmt
Grants Or Scholarships$8,696,000GrantsOrScholarshipsAmt
Other Expenditures$30,272,000OtherExpendituresAmt
End Year Balance$865,096,000EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$742,896,000BeginningYearBalanceAmt
Contributions$11,173,000ContributionsAmt
Investment Earnings Or Losses$171,591,000InvestmentEarningsOrLossesAmt
Grants Or Scholarships$10,297,000GrantsOrScholarshipsAmt
Other Expenditures$24,193,000OtherExpendituresAmt
End Year Balance$891,170,000EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY0.35180BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY0.39470PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY0.25350TermEndowmentBalanceEOYPct
Endowments Held Unrelated Org0EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org0EndowmentsHeldRelatedOrgInd

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$106,152,672OtherCostOrOtherBasisAmt
Book Value$106,152,672BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$1,253,979,004OtherCostOrOtherBasisAmt
Depreciation$533,735,853DepreciationAmt
Book Value$720,243,151BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$209,198,994OtherCostOrOtherBasisAmt
Depreciation$80,192,602DepreciationAmt
Book Value$129,006,392BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$190,677,204OtherCostOrOtherBasisAmt
Depreciation$127,244,200DepreciationAmt
Book Value$63,433,004BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$42,997,060OtherCostOrOtherBasisAmt
Depreciation$28,284,834DepreciationAmt
Book Value$14,712,226BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$1,033,547,445TotalBookValueLandBuildingsAmt

Other Securities OtherSecuritiesGrp (3 entries)

DescDescBook ValueBookValueAmtMethod ValuationMethodValuationCd
INVESTMENT AT NAV (PRIVATE EQUITY, REAL ESTATE, HEDGE FUNDS, AND OTHER)$479,135,000F
REAL ESTATE & REAL ASSETS FUNDS$110,872,000F
BENEFICIAL INTERESTS IN TRUSTS$35,611,961F
FieldValueIRS element (for citing)
Total Book Value Securities$625,618,961TotalBookValueSecuritiesAmt

Other Assets Org OtherAssetsOrgGrp (6 entries)

DescDescBook ValueBookValueAmt
OTHER$50,844,383
GROUND LEASE AMORTIZATION$4,133,828
CSV LIFE INSURANCE$235,669
OPERATING RIGHT-OF-USE ASSETS$461,412,216
FINANCE RIGHT-OF-USE ASSETS$7,765,137
LOAN TO STC HEALTHCARE PARTNERS, LLC$35,250,000
FieldValueIRS element (for citing)
Total Book Value Other Assets$559,641,233TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (4 entries)

DescDescAmtAmt
DEPOSITS$41,074,716
GOVERNMENT ADVANCES FOR STUDENT LOANS$15,916,136
CAPITAL AND FINANCE LEASE$587,923,157
RELATED PARTY PAYABLES$1,553,513
FieldValueIRS element (for citing)
Total Liability$646,467,522TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART III, LINE 4:DREXEL HAS ALWAYS BEEN A COLLECTING INSTITUTION. ANTHONY J. DREXEL BEQUEATHED HIS OWN COLLECTION TO THE NEW UNIVERSITY IN THE BELIEF THAT ART AND DESIGN HAVE AN IMPORTANT INSTRUCTIONAL ROLE TO PLAY. THE COLLECTIONS INCLUDE THE DREXEL FOUNDING COLLECTION OF 19TH AND EARLY 20TH CENTURIES, REFLECTING THE TASTES OF ITS FOUNDER; THE WIDE-RANGING FOX HISTORIC COSTUME COLLECTION AND GALANOS ARCHIVE; THE LEGACY CENTER AT THE COLLEGE OF MEDICINE, FOCUSING ON THE HISTORY OF WOMEN IN MEDICINE AND THE HISTORY OF HOMEOPATHY; THE AUDIO ARCHIVE OF PHILADELPHIA RECORDED MUSIC; THE POLISH POSTER COLLECTIONS DATING FROM 1930S-1990S; AND THE UNIVERSITY ARCHIVES, WHICH MAINTAINS AND PROVIDES ACCESS TO THE INSTITUTION'S MATERIAL AND DIGITAL RECORDS OF ENDURING VALUE, WITH A GROWING FOCUS ON RESEARCH OUTPUT. DREXEL COLLECTIONS BENEFIT MEMBERS OF THE UNIVERSITY, THE LARGER SCHOLARLY WORLD, AND THE PUBLIC. THEY ARE PARTICULARLY RELEVANT TO STUDENTS AND FACULTY AT WESTPHAL COLLEGE OF MEDIA ARTS AND DESIGN, THE COLLEGES OF MEDICINE AND OF ARTS AND SCIENCES, AND THE DEPARTMENT OF BIODIVERSITY, EARTH AND ENVIRONMENTAL SCIENCE. IN HOLDING THESE COLLECTIONS - ACROSS THE ARTS AND SCIENCES - DREXEL FULLY RECOGNIZES ITS PROFESSIONAL, LEGAL, ETHICAL AND CIVIC OBLIGATIONS IN THE AREAS OF DISPLAY, INTERPRETATION, STORAGE, CONSERVATION, CARE, MANAGEMENT AND ACCESS.
PART V, LINE 4:DREXEL UNIVERSITY HAD AN ENDOWMENT SPENDING RULE THAT LIMITED THE SPENDING OF ENDOWMENT RESOURCES TO 6.0% OF THE AVERAGE FAIR VALUE OF THE POOLED ENDOWMENT PORTFOLIO FOR THE PRIOR SEVEN FISCAL YEARS. TO THE EXTENT THAT THE CURRENT YIELD IS INADEQUATE TO MEET THE SPENDING RULE, A PORTION OF CUMULATIVE REALIZED NET GAINS IS AVAILABLE FOR CURRENT USE. ENDOWMENT RESOURCES ARE USED TO FUND OPERATIONS, SCHOLARSHIPS, ACADEMIC PROGRAMS AND PROFESSORSHIPS.
PART X, LINE 2:THE UNIVERSITY HAS BEEN GRANTED TAX-EXEMPT STATUS AS A NON-PROFIT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND, ACCORDINGLY, FILES FEDERAL TAX FORM 990 (RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX) ANNUALLY. THE UNIVERSITY FILES U.S. FEDERAL, STATE AND LOCAL INFORMATIONAL RETURNS. THE STATUTE OF LIMITATIONS ON THE UNIVERSITY'S U.S. FEDERAL INFORMATION RETURNS REMAINS OPEN FOR THREE YEARS FOLLOWING THE YEAR THEY ARE FILED. THE UNIVERSITY AND ITS AFFILIATES ENGAGE IN ACTIVITIES THAT ARE SUBJECT TO UNRELATED BUSINESS INCOME TAXES FOR WHICH APPROPRIATE INCOME TAX RETURNS ARE FILED. THE FINANCIAL ACCOUNTING STANDARDS BOARD ("FASB") ISSUED ACCOUNTING STANDARDS CODIFICATION ("ASC") NO.740-10, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, WHICH REQUIRES THAT A TAX POSITION BE RECOGNIZED OR DERECOGNIZED BASED ON A "MORE LIKELY THAN NOT" THRESHOLD. THE UNIVERSITY DOES NOT BELIEVE THERE ARE ANY UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION IN THE FINANCIAL STATEMENTS.

Schedule E IRS990ScheduleE

FieldValueIRS element (for citing)
Nondiscriminatory Policy Stmt0NondiscriminatoryPolicyStmtInd
Policy Stmt In Brochures Etc0PolicyStmtInBrochuresEtcInd
Plcy Pblczd Via Broadcast Media0PlcyPblczdViaBroadcastMediaInd
Maintain Racial Comp RecsYes (1)MaintainRacialCompRecsInd
Maintain Scholarships RecsYes (1)MaintainScholarshipsRecsInd
Maintain Cpy Of Brochures EtcYes (1)MaintainCpyOfBrochuresEtcInd
Maintain Cpy Of All SolYes (1)MaintainCpyOfAllSolInd
Discriminate Race Stdnts Rghts0DiscriminateRaceStdntsRghtsInd
Discriminate Race Admiss Plcy0DiscriminateRaceAdmissPlcyInd
Discriminate Race Emplm Fculty0DiscriminateRaceEmplmFcultyInd
Discriminate Race Schs0DiscriminateRaceSchsInd
Discriminate Race Educ Plcy0DiscriminateRaceEducPlcyInd
Discriminate Race Use Of Fclts0DiscriminateRaceUseOfFcltsInd
Discriminate Race Athlt Prog0DiscriminateRaceAthltProgInd
Discriminate Race Other Acty0DiscriminateRaceOtherActyInd
Government Financial Aid RcvdYes (1)GovernmentFinancialAidRcvdInd
Government Financial Aid Rvkd0GovernmentFinancialAidRvkdInd
Compliance With Rev Proc7550Yes (1)ComplianceWithRevProc7550Ind

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
SCHEDULE E, PART I, LINE 3DREXEL UNIVERSITY INCLUDES ITS RACIALLY NONDISCRIMINATORY POLICY, CR-1: POLICY ON PROHIBITED DISCRIMINATION, HARASSMENT, AND RETALIATION, ON ITS WEBSITE: HTTPS://DREXEL.EDU/CIVIL-RIGHTS/POLICIES/CR-1. DREXEL UNIVERSITY MEETS THE REQUIREMENTS OF SECTIONS 4.01 THROUGH 4.05 OF REV. PROC. 75-50, COVERING RACIAL NONDISCRIMINATION. SINCE IMPLEMENTING CR-1, DREXEL UNIVERSITY HAS OPERATED IN BONA FIDE COMPLIANCE WITH THIS POLICY. DREXEL UNIVERSITY'S TITLE IX/EEO COORDINATOR CAN BE CONTACTED AT CIVILRIGHTS@DREXEL.EDU WITH ANY QUESTIONS.
SCHEDULE E, PART I, LINE 6DREXEL UNIVERSITY RECEIVES FUNDS FROM VARIOUS FEDERAL AND STATE GOVERNMENTAL AGENCIES UNDER THEIR RESPECTIVE STUDENT FINANCIAL AID ASSISTANCE PROGRAMS. FEDERAL PROGRAMS INCLUDE THE PELL GRANT PROGRAM, SUPPLEMENTAL EDUCATION OPPORTUNITY GRANT (SEOG) PROGRAM, COLLEGE WORK STUDY (CWS) PROGRAM, AND DIRECT STUDENT LOAN PROGRAM (SUBSIDIZED, UNSUBSIDIZED, AND PLUS LOANS FOR BOTH PARENT AND GRADUATE STUDENTS). THE STATE PROGRAM IS THE PENNSYLVANIA HIGHER EDUCATION ASSISTANCE PROGRAM FOR STUDENTS. THE UNIVERSITY RECEIVES FUNDS FROM VARIOUS FEDERAL AND STATE GOVERNMENTAL AGENCIES FOR SPONSORED RESEARCH AND OTHER PROJECT GRANTS, INCLUDING NSF AND HHS. APPROPRIATIONS ARE RECEIVED FROM THE COMMONWEALTH OF PENNSYLVANIA FOR THE MD PROGRAM, GENERAL MAINTENANCE OF THE COLLEGE, STUDENT AID, MINORITY EDUCATION AND RECRUITMENT, PEDIATRIC SERVICES AND OTHER OPERATING EXPENSES THAT FURTHER OUR MISSION AND OBJECTIVES OF EDUCATION AND RESEARCH.

Schedule F IRS990ScheduleF

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Account Activities Outside US AccountActivitiesOutsideUSGrp (30 entries)

RegionRegionTxtOfficesOfficesCntEmployeeEmployeeCntType Of Activities ConductedTypeOfActivitiesConductedTxtSpecific Services ProvidedSpecificServicesProvidedTxtRegion Total ExpendituresRegionTotalExpendituresAmt
EUROPE00PROGRAM SERVICESATHLETICS$9,133
EAST ASIA AND THE PACIFIC00PROGRAM SERVICESATHLETICS$400
NORTH AMERICA00PROGRAM SERVICESATHLETICS$39,895
SOUTH ASIA00PROGRAM SERVICESCONFERENCES/TRAVEL$155,194
EUROPE00PROGRAM SERVICESCONFERENCES/TRAVEL$570,327
EAST ASIA AND THE PACIFIC00PROGRAM SERVICESCONFERENCES/TRAVEL$149,625
SOUTH AMERICA00PROGRAM SERVICESCONFERENCES/TRAVEL$8,944
NORTH AMERICA00PROGRAM SERVICESCONFERENCES/TRAVEL$208,421
SUB-SAHARAN AFRICA00PROGRAM SERVICESCONFERENCES/TRAVEL$19,556
CENTRAL AMERICA00PROGRAM SERVICESCONFERENCES/TRAVEL$1,834
MIDDLE EAST00PROGRAM SERVICESCONFERENCES/TRAVEL$71,268
SOUTH ASIA00FUNDRAISING$104,525
EUROPE00FUNDRAISING$238,662
EUROPE00PROGRAM SERVICESRECRUITING$8,112
NORTH AMERICA00PROGRAM SERVICESRECRUITING$4,331
SOUTH ASIA00PROGRAM SERVICESRESEARCH$111,599
EUROPE00PROGRAM SERVICESRESEARCH$1,326,945
EAST ASIA AND THE PACIFIC00PROGRAM SERVICESRESEARCH$92,207
SOUTH AMERICA00PROGRAM SERVICESRESEARCH$554,439
NORTH AMERICA00PROGRAM SERVICESRESEARCH$450,198
SUB-SAHARAN AFRICA00PROGRAM SERVICESRESEARCH$152,079
CENTRAL AMERICA00PROGRAM SERVICESRESEARCH$311,596
MIDDLE EAST00PROGRAM SERVICESRESEARCH$469,837
SOUTH ASIA00PROGRAM SERVICESSTUDY ABROAD$3,896
EUROPE00PROGRAM SERVICESSTUDY ABROAD$1,480,713
EAST ASIA AND THE PACIFIC00PROGRAM SERVICESSTUDY ABROAD$41,737
NORTH AMERICA00PROGRAM SERVICESSTUDY ABROAD$2,242
SUB-SAHARAN AFRICA00PROGRAM SERVICESSTUDY ABROAD$2,082
CENTRAL AMERICA00PROGRAM SERVICESSTUDY ABROAD$40,218
EUROPE00INVESTMENTS$1,460,043
FieldValueIRS element (for citing)
Subtotal Offices0SubtotalOfficesCnt
Subtotal Employees0SubtotalEmployeesCnt
Continuation Total Office0ContinuationTotalOfficeCnt
Continuation Total Employee0ContinuationTotalEmployeeCnt
Total Office0TotalOfficeCnt
Total Employee0TotalEmployeeCnt
Subtotal Spent$1,141,939SubtotalSpentAmt
Continuation Spent$6,948,119ContinuationSpentAmt
Total Spent$8,090,058TotalSpentAmt

Grants To Org Outside US GrantsToOrgOutsideUSGrp (23 entries)

RegionRegionTxtPurpose Of GrantPurposeOfGrantTxtCash GrantCashGrantAmtManner Of Cash DisbursementMannerOfCashDisbursementTxtNon Cash AssistanceNonCashAssistanceAmt
SOUTH AMERICARESEARCH$10,620WIRE$0
NORTH AMERICARESEARCH$10,735WIRE$0
SOUTH AMERICARESEARCH$14,182WIRE$0
NORTH AMERICARESEARCH$22,032WIRE$0
SOUTH AMERICARESEARCH$23,424WIRE$0
EAST ASIARESEARCH$24,294WIRE$0
EUROPE (INCLUDING ICELAND AND GREENLAND)RESEARCH$27,378WIRE$0
MIDDLE EAST AND NORTH AFRICARESEARCH$35,270WIRE$0
SOUTH AMERICARESEARCH$38,689WIRE$0
EUROPE (INCLUDING ICELAND AND GREENLAND)RESEARCH$75,073WIRE$0
SOUTH AMERICARESEARCH$92,366WIRE$0
EUROPE (INCLUDING ICELAND AND GREENLAND)RESEARCH$95,634WIRE$0
MIDDLE EAST AND NORTH AFRICARESEARCH$104,597WIRE$0
SOUTH AMERICARESEARCH$110,331WIRE$0
SUB-SAHARAN AFRICARESEARCH$118,808WIRE$0
NORTH AMERICARESEARCH$147,333WIRE$0
EUROPE (INCLUDING ICELAND AND GREENLAND)RESEARCH$150,383WIRE$0
NORTH AMERICARESEARCH$153,497WIRE$0
MIDDLE EAST AND NORTH AFRICARESEARCH$161,203WIRE$0
MIDDLE EAST AND NORTH AFRICARESEARCH$188,875WIRE$0
SOUTH AMERICARESEARCH$208,361WIRE$0
EUROPE (INCLUDING ICELAND AND GREENLAND)RESEARCH$235,404WIRE$0
CENTRAL AMERICARESEARCH$325,892WIRE$0
FieldValueIRS element (for citing)
Total501c3 Org23Total501c3OrgCnt
Total Other Org0TotalOtherOrgCnt

Foreign Individuals Grants ForeignIndividualsGrantsGrp (3 entries)

Type Of AssistanceTypeOfAssistanceTxtRegionRegionTxtRecipientRecipientCntCash GrantCashGrantAmtManner Of Cash DisbursementMannerOfCashDisbursementTxtNon Cash AssistanceNonCashAssistanceAmt
SCHOLARSHIPSEAST ASIA AND THE PACIFIC11$181,125CHECK$0
SCHOLARSHIPSEUROPE5$34,500CHECK$0
SCHOLARSHIPSSUB-SAHARAN AFRICA1$4,000CHECK$0
FieldValueIRS element (for citing)
Transfer To Foreign CorpYes (1)TransferToForeignCorpInd
Interest In Foreign Trust0InterestInForeignTrustInd
Foreign Corp OwnershipYes (1)ForeignCorpOwnershipInd
Passive Foreign Investmest CoYes (1)PassiveForeignInvestmestCoInd
Foreign PartnershipYes (1)ForeignPartnershipInd
Boycott CountriesYes (1)BoycottCountriesInd

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART I, LINE 2:DREXEL'S OFFICE OF RESEARCH HAS RESPONSIBILITY FOR OVERSEEING GRANTS (TYPICALLY SUBAWARDS) TO FOREIGN ORGANIZATIONS. THE OFFICE OF RESEARCH BEGINS WITH A "PRE-AWARD PROCESS," WHICH INVOLVES GATHERING BACKGROUND INFORMATION ABOUT THE POTENTIAL GRANTEE, CONDUCTING A RISK ASSESSMENT WITH RESPECT TO THE POTENTIAL GRANTEE, DEVELOPING APPROPRIATE TERMS FOR THE GRANTS, AND ENTERING INTO A WRITTEN AGREEMENT WITH THE GRANTEE. ONCE A GRANT HAS BEEN APPROVED IN PRINCIPLE, THE OFFICE OF RESEARCH FOCUSES ON THE "OPERATIONS AND COMPLIANCE PROCESS," WHICH INVOLVES USING VISUAL COMPLIANCE TO SCREEN PAYEES AGAINST THE "SPECIALLY DESIGNATED NATIONALS" LIST OF THE TREASURY DEPARTMENT'S OFFICE OF FOREIGN ASSET CONTROL AND SIMILAR WATCH LISTS. ONCE THE GRANTEE HAS PASSED THIS SCREENING AND THERE IS A WRITTEN GRANT AGREEMENT, THE OFFICE OF RESEARCH MOVES TO THE "POST-AWARD PROCESS AND EXPENSES MONITORING." THIS INVOLVES REVIEWING PROPOSED GRANT PAYMENTS TO ENSURE THAT THE GRANTEE HAS PROVIDED APPROPRIATE DOCUMENTATION FOR THE GRANT EXPENSES AND THAT SUCH EXPENSES FALL WITHIN THE CATEGORY OF "ALLOWABLE EXPENSES" UNDER THE PARTICULAR PRIME GRANT OR CONTRACT. DREXEL ALSO REQUIRES THE PRINCIPAL INVESTIGATOR OF THE PRIME GRANT OR CONTRACT (WHO IS TYPICALLY A DREXEL PROFESSOR OR RESEARCHER) TO APPROVE THE PROPOSED PAYMENTS AND DOCUMENTATION OF THE SERVICES RENDERED PRIOR TO MAKING PAYMENT. IF THERE ARE QUESTIONS ABOUT THE USE OF FUNDS BY A GRANTEE, DREXEL CONDUCTS AN INVESTIGATION AND WITHHOLDS ANY FURTHER PAYMENT PENDING RESOLUTION OF THE INVESTIGATION.
PART I, LINE 3:THE ACCRUAL ACCOUNTING METHOD IS USED TO ACCOUNT FOR THE EXPENSES.

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 (1)AgrmtProfFundraisingActyInd

Fundraiser Activity Info FundraiserActivityInfoGrp (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdActivityActivityTxtFundraiser Control Of FundsFundraiserControlOfFundsIndGross ReceiptsGrossReceiptsAmtRetained By ContractorRetainedByContractorAmtNet To OrganizationNetToOrganizationAmt
RUFFALO NOEL LEVITZ
1025 KIRKWOOD PARKWAY SWCEDAR RAPIDSIA52404PHONE SOLICITATION PROGRAM0$17,150$90,771-$73,621
ALBERT CHECCIO DBA ALBERT R CHECCIO LLC
429 CONESTOGA ROADWAYNEPA19087CONSULT ON FUNDRAISING STRATEGY0$0$60,000-$60,000
FieldValueIRS element (for citing)
Total Gross Receipts$17,150TotalGrossReceiptsAmt
Total Retained By Contractors$150,771TotalRetainedByContractorsAmt
Total Net To Organization-$133,621TotalNetToOrganizationAmt
Licensed StatesALLicensedStatesCd
Licensed StatesAKLicensedStatesCd
Licensed StatesAZLicensedStatesCd
Licensed StatesARLicensedStatesCd
Licensed StatesCALicensedStatesCd
Licensed StatesCOLicensedStatesCd
Licensed StatesCTLicensedStatesCd
Licensed StatesDELicensedStatesCd
Licensed StatesFLLicensedStatesCd
Licensed StatesGALicensedStatesCd
Licensed StatesHILicensedStatesCd
Licensed StatesIDLicensedStatesCd
Licensed StatesILLicensedStatesCd
Licensed StatesINLicensedStatesCd
Licensed StatesIALicensedStatesCd
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 StatesNVLicensedStatesCd
Licensed StatesNHLicensedStatesCd
Licensed StatesNJLicensedStatesCd
Licensed StatesNMLicensedStatesCd
Licensed StatesNYLicensedStatesCd
Licensed StatesNCLicensedStatesCd
Licensed StatesNDLicensedStatesCd
Licensed StatesOHLicensedStatesCd
Licensed StatesOKLicensedStatesCd
Licensed StatesORLicensedStatesCd
Licensed StatesPALicensedStatesCd
Licensed StatesRILicensedStatesCd
Licensed StatesSCLicensedStatesCd
Licensed StatesSDLicensedStatesCd
Licensed StatesTNLicensedStatesCd
Licensed StatesTXLicensedStatesCd
Licensed StatesUTLicensedStatesCd
Licensed StatesVTLicensedStatesCd
Licensed StatesVALicensedStatesCd
Licensed StatesWALicensedStatesCd
Licensed StatesWVLicensedStatesCd
Licensed StatesWILicensedStatesCd
Licensed StatesWYLicensedStatesCd

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1ELAM 30TH ANNIVERSARYEvent1Nm
Gross Receipts Event1$409,912GrossReceiptsEvent1Amt
Charitable Contri Event1$164,345CharitableContriEvent1Amt
Gross Revenue Event1$245,567GrossRevenueEvent1Amt
Rent Facility Costs Event1$368,632RentFacilityCostsEvent1Amt
Other Direct Expenses Event1$35,997OtherDirectExpensesEvent1Amt
Event22024 DRAGON CUP OUTINGEvent2Nm
Gross Receipts Event2$118,397GrossReceiptsEvent2Amt
Charitable Contri Event2$12,050CharitableContriEvent2Amt
Gross Revenue Event2$106,347GrossRevenueEvent2Amt
Rent Facility Costs Event2$16,928RentFacilityCostsEvent2Amt
Food And Beverage Event2$2,918FoodAndBeverageEvent2Amt
Entertainment Event2$441EntertainmentEvent2Amt
Other Direct Expenses Event2$11,176OtherDirectExpensesEvent2Amt
Other Events Total10OtherEventsTotalCnt
Gross Receipts Other Events$336,640GrossReceiptsOtherEventsAmt
Charitable Contri Other Events$266,340CharitableContriOtherEventsAmt
Gross Revenue Other Events$70,300GrossRevenueOtherEventsAmt
Cash Prizes Other Events$9,188CashPrizesOtherEventsAmt
Rent Fclty Costs Other Events$87,416RentFcltyCostsOtherEventsAmt
Food And Beverage Other Events$56,907FoodAndBeverageOtherEventsAmt
Entertainment Other Events$2,500EntertainmentOtherEventsAmt
Oth Direct Expnss Other Events$49,256OthDirectExpnssOtherEventsAmt
Gross Receipts Total$864,949GrossReceiptsTotalAmt
Charitable Contributions Tot$442,735CharitableContributionsTotAmt
Gross Revenue Total Events$422,214GrossRevenueTotalEventsAmt
Cash Prizes Total Events$9,188CashPrizesTotalEventsAmt
Rent Fclty Costs Total Events$472,976RentFcltyCostsTotalEventsAmt
Food And Beverage Total Events$59,825FoodAndBeverageTotalEventsAmt
Entertainment Total Events$2,941EntertainmentTotalEventsAmt
Oth Direct Expnss Total Events$96,429OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$641,359DirectExpenseSummaryEventsAmt
Net Income Summary-$219,145NetIncomeSummaryAmt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Recipient Table RecipientTable (120 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdRecipient EINRecipientEINIRC SectionIRCSectionDescCash GrantCashGrantAmtNon Cash AssistanceNonCashAssistanceAmtPurpose Of GrantPurposeOfGrantTxtAddress Line2USAddress/AddressLine2Txt
21ST CENTURY PARTNERSHIP FOR STEM EDUCATION
230 SUGARTOWN ROAD SUITE 100WAYNEPA19087261164919501(C)(3)$114,095$0RESEARCH
ARXIS LEAGUE INC
7 SILVER SPRING PARK ROADRIDGEFIELDCT06877270466398FOR-PROFIT$60,000$0RESEARCH
BENTEN TECHNOLOGIES INC
9408 GRANT AVE STE 206MANASSASVA20110541986427FOR-PROFIT$79,633$0RESEARCH
BINGHAMTON UNIVERSITY
4400 VESTAL PKWY EBINGHAMTONNY13902146013200115$62,673$0RESEARCH
BOARD OF REGENTS OF THE UNIV OF OKLAHOMA HEALTH SCIENCE CTR
PO BOX 26901 RP864 SUITE 450OKLAHOMA CITYOK731260901731563627501(C)(3)$120,090$0RESEARCH
BOARD OF SUPERVISORS OF LOUISIANA STATE UNIVERSITY AND AGRICULTURE
PO BOX 2790BATON ROUGELA70821726000848115$48,485$0RESEARCH
BOARD OF TRUSTEES OF THE UNIVERSITY OF ILLINOIS
28392 NETWORK PLCHICAGOIL606731283376000511501(C)(3)$291,810$0RESEARCH
BRIGHAM AND WOMEN'S HOSPITAL
PO BOX 3149BOSTONMA022413149042312909501(C)(3)$140,097$0RESEARCH
BSCS SCIENCE LEARNING
5415 MARK DABLING BLVDCOLORADO SPRINGSCO80918840622557501(C)(3)$6,821$0RESEARCH
CALIFORNIA STATE UNIVERSITY SAN MARCOS CORPORATION
333 S TWIN OAKS VALLEY RDSAN MARCOSCA92096330397688115$28,489$0RESEARCH
CARNEGIE MELLON UNIV
PO BOX 371525PITTSBURGHPA15251250969449501(C)(3)$207,843$0RESEARCH
CASE WESTERN RESERVE UNIVERSITY
PO BOX 74056CLEVELANDOH44194341018992501(C)(3)$42,457$0RESEARCH
CENTER FOR BLACK EDUCATOR DEVELOPMENT
1500 CHESTNUT STREETPHILADELPHIAPA19102841814119501(C)(3)$40,000$0RESEARCH
CHEYNEY UNIVERSITY
PO BOX 138CHEYNEYPA19319232478688115$44,478$0RESEARCH
CHILDRENS HOSPITAL LOS ANGELES
4650 SUNSET BOULEVARDLOS ANGELESCA90027951690977501(C)(3)$244,922$0RESEARCH
CHILDREN'S HOSPITAL OF PHILADELPHIA
3401 CIVIC CENTER BLVDPHILADELPHIAPA191044319231352166501(C)(3)$478,307$0RESEARCH
CLARITY ASSESSMENT SYSTEMS LTD
300 LAKESHORE RDOSWEGONY13126852450527501(C)(3)$17,603$0RESEARCH
CLEMSON UNIVERSITY
PO BOX 931616ATLANTAGA311931616576000254115$173,680$0RESEARCH
COLORADO SCHOOL OF MINES
PO BOX 735377DALLASTX75373846000551501(C)(3)$31,745$0RESEARCH
COMMUNITY COLLEGE OF PHILADELPHIA
1700 SPRING GARDEN STPHILADELPHIAPA19130232612698501(C)(3)$26,392$0RESEARCH
COMMUNITY INTEGRATED SERVICES
441 NORTH 5TH STREETPHILADELPHIAPA19123232648381501(C)(3)$15,000$0RESEARCH
DANA-FARBER CANCER INSTITUTE
PO BOX 412846BOSTONMA022412846042263040501(C)(3)$22,355$0RESEARCH
DEAF HEARING COMMUNICATION CENTRE
630 FAIRVIEW RD SUITE 100SWARTHMOREPA19081237407560501(C)(3)$15,000$0RESEARCH
DELAWARE STATE UNIV
1200 N DUPONT HWYDOVERDE19901510305893115$64,167$0RESEARCH
EDISON WELDING INSTITUTE INC
1250 ARTHUR E ADAMS DRIVECOLUMBUSOH43221311119893501(C)(3)$34,825$0RESEARCH
EMORY UNIVERSITY
1518 CLIFTON ROADATLANTAGA30322580566256501(C)(3)$89,117$0RESEARCH
EMPOWERED CDC INC
PO BOX 23428PHILADELPHIAPA19143845037676501(C)(3)$25,000$0RESEARCH
GEORGE WASHINGTON UNIVERSITY
PO BOX 829896PHILADELPHIAPA191829896530196584501(C)(3)$204,609$0RESEARCH
GEORGIA TECH RESEARCH CORP
PO BOX 100117ATLANTAGA30384580603146501(C)(3)$206,192$0RESEARCH
HARVARD UNIVERSITY
665 HUNTINGTON AVE BLDG 2 3RD FLOORBOSTONMA02115042103580501(C)(3)$197,430$0RESEARCH
ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI
ONE GUSTAVE LEVY PLNEW YORKNY10029136171197501(C)(3)$57,702$0RESEARCH
INDIANA UNIVERSITY
OFFICE OF RESEARCH ADMINISTRATIONDETROITMI482780867356001673501(C)(3)$18,452$0RESEARCHPO BOX 78000
INSTITUTE FOR HEALTHCARE IMPROVEMENT
PO BOX 845096BOSTONMA02284383017223501(C)(3)$52,834$0RESEARCH
JOHNS HOPKINS UNIVERSITY
11100 JOHNS HOPKINS ROADLAURELMD20723520595110501(C)(3)$560,532$0RESEARCH
KAISER FOUNDATION RESEARCH INSTITUTE
PO BOX 748165LOS ANGELESCA90074941105628501(C)(3)$84,994$0RESEARCH
KENNEDY KRIEGER INSTITUTE INC
707 N BROADWAYBALTIMOREMD21205521524965501(C)(3)$187,882$0RESEARCH
LEHIGH UNIVERSITY
641 TAYLOR STBETHLEHEMPA18015240795445501(C)(3)$172,276$0RESEARCH
LINCOLN UNIVERSITY
1570 BALTIMORE PIKELINCOLN UNIVERSITYPA19352231352655501(C)(3)$306,181$0RESEARCH
LUNDQUIST INSTITUTE FOR BIOMEDICAL INNOVATION
1124 W CARSON STTORRANCECA90502952138184501(C)(3)$108,320$0RESEARCH
MATHEMATICA INC
PO BOX 2393PRINCETONNJ08543222112296FOR-PROFIT$659,903$0RESEARCH
MAZZONI CENTER
1348 BAINBRIDGE STREETPHILADELPHIAPA19147232176338501(C)(3)$15,000$0RESEARCH
MEDICAL UNIVERSITY OF SOUTH CAROLINA
171 ASHLEY AVE MSC 403CHARLESTONSC294253001576000722115$162,724$0RESEARCH
MENTAL HEALTH PARTNERSHIPS INC
PO BOX 40049PHILADELPHIAPA19106231425035501(C)(3)$21,000$0RESEARCH
NEW YORK UNIVERSITY
70 WASHINGTON SQUARE SOUTHNEW YORKNY10012135562308501(C)(3)$43,990$0RESEARCH
NORTHEASTERN UNIVERSITY
360 HUNTINGTON AVENUEBOSTONMA02115041679980501(C)(3)$12,415$0RESEARCH
NUEVA ESPERANZA INC
4261 N FIFTH STPHILADELPHIAPA19140232552707501(C)(3)$184,816$0RESEARCH
OCLC ONLINE COMPUTER LIBRARY CENTER INC
PO BOX 714746CINCINNATIOH452714746310734115501(C)(3)$5,125$0RESEARCH
OLD DOMINION UNIVERSITY RESEARCH FOUNDATION
PO BOX 6369NORFOLKVA23508546068198501(C)(3)$13,927$0RESEARCH
PA CHAPTER OF THE AMERICAN ACADEMY OF PEDIATRICS
661 MOORE ROADKING OF PRUSSIAPA19046237135840501(C)(3)$14,806$0RESEARCH
PALO ALTO VETERANS INSTITUTE FOR RESEARCH
3801 MIRANDA AVENUE 151P PO BOXPALO ALTOCA943040038770207331501(C)(3)$11,229$0RESEARCHV-38
PENNSYLVANIA STATE UNIVERSITY
140 CURTIN ROADUNIVERSITY PARKPA16802246000376115$170,283$0RESEARCH
PHILADELPHIA LANGUAGE SERVICES LLC
PO BOX 1027HAVERTOWNPA19083465644486FOR-PROFIT$15,000$0RESEARCH
PORTLAND STATE UNIVERSITY
PO BOX 751 SPAPORTLANDOR972070751364776757115$19,229$0RESEARCH
PREVENTION POINT PHILADELPHIA
2913 KENSINGTON AVE 15PHILADELPHIAPA19143232663699501(C)(3)$110,737$0RESEARCH
REGENTS OF THE UNIV OF MICHIGAN
UNIT FOR LABORATORY ANIMAL MEDICINEANN ARBORMI48109386006309501(C)(3)$305,957$0RESEARCHULAM INVIVO ANIMAL CORE
REGENTS OF THE UNIVERSITY OF CALIFORNIA
385 CHARLES E YOUNG DR ELOS ANGELESCA90095956006143501(C)(3)$37,405$0RESEARCH
REGENTS OF THE UNIVERSITY OF CALIFORNIA AT IRVINE
228 ALDRICH HALLIRVINECA92697952226406501(C)(3)$202,366$0RESEARCH
REGENTS OF THE UNIVERSITY OF CALIFORNIA BERKELEY
PO BOX 744695LOS ANGELESCA900744695946002123501(C)(3)$1,135,347$0RESEARCH
REGENTS OF THE UNIVERSITY OF MINNESOTA
PO BOX 1450MINNEAPOLISMN55485416007513501(C)(3)$131,201$0RESEARCH
REGENTS OF UNIVERSITY OF CALIFORNIA DAVIS
PO BOX 741816LOS ANGELESCA900741816946036494501(C)(3)$426,196$0RESEARCH
RESEARCH FOUNDATION FOR THE STATE UNIVERSITY OF NEW YORK
PO BOX 6000BINGHAMTONNY139026000141368361501(C)(3)$64,466$0RESEARCH
RESEARCH FOUNDATION OF SUNY
520 LEE ENTRANCE SUITE 211AMHERSTNY14228141368361501(C)(3)$22,854$0RESEARCH
RESEARCH FOUNDATION OF THE CITY UNIVERSITY OF NEW YORK
85 ST NICHOLAS TERRACENEW YORKNY10031131988190501(C)(3)$17,635$0RESEARCH
RESEARCH TRIANGLE INSTITUTE
PO BOX 896945CHARLOTTENC282896945560686338501(C)(3)$16,304$0RESEARCH
RESIDENTS ORGANIZED FOR ADVOCACY AND DIRECTION
1530 SOUTH TANEY STREETPHILADELPHIAPA19146450780993FOR-PROFIT$6,000$0RESEARCH
RICE UNIVERSITY
PO BOX 1892HOUSTONTX772511892741109620501(C)(3)$1,013,466$0RESEARCH
ROCHESTER INSTITUTE OF TECHNOLOGY
27 LOMB MEMORIAL DRIVEROCHESTERNY14623160743140501(C)(3)$16,842$0RESEARCH
ROWAN UNIVERSITY
16 BROWNSTONE BLVDVOORHEESNJ08043222764819115$60,439$0RESEARCH
RUSH UNIVERSITY MEDICAL CENTER
1700 W VAN BUREN ST SUITE 278CHICAGOIL606123833362174823501(C)(3)$127,161$0RESEARCH
SAFE AND SOUND A SANDY HOOK INITIATIVE INC
6031 N MAIN STREET RDWEBB CITYMO648707219462723169501(C)(3)$83,802$0RESEARCH
SAGEFOX CONSULTING GROUP LLC
30 BOLTWOOD WALKAMHERSTMA01002262664749FOR-PROFIT$8,351$0RESEARCH
SAN FRANCISCO STATE UNIVERSITY
1600 HOLLOWAY AVENUESAN FRANCISCOCA94132931137247115$630,779$0RESEARCH
SCHOOL DISTRICT OF PHILA
440 N BROAD STREETPHILADELPHIAPA19130237091186501(C)(3)$8,000$0RESEARCH
SEAMAAC
1711 S BROAD STREETPHILADELPHIAPA19148222541120501(C)(3)$25,000$0RESEARCH
SHARING EXCESS INC
6700 ESSINGTON AVE STE E207PHILADELPHIAPA19153862161466501(C)(3)$14,966$0RESEARCH
SPECTRUM SUCCESS 911
200 N 16TH STPHILADELPHIAPA19102873096767501(C)(3)$6,000$0RESEARCH
ST LOUIS UNIVERSITY
3545 LINDELL BLVDST LOUISMO63103430654872501(C)(3)$74,646$0RESEARCH
TEMPLE UNIVERSITY
362 ALTER HALL 1801 LIACOURAS WALKPHILADELPHIAPA19122231365971501(C)(3)$529,122$0RESEARCH
TEXAS A&M ENGINEERING EXPERIMENT STATION
400 HARVEY MITCHELL PKWY S SUITECOLLEGE STATIONTX77845741974733115$72,775$0RESEARCH300
TEXAS A&M UNIVERSITY HEALTH SCIENCE CENTER
400 HARVEY MITCHELL PARKWAY SOUTHCOLLEGE STATIONTX77845742907553501(C)(3)$71,952$0RESEARCH
THE COUNCIL ON QUALITY AND LEADERSHIP IN SUPPORTS FOR PEOPLE
100 WEST RD STE 300TOWSONMD21204521156040501(C)(3)$21,298$0RESEARCH
THE FEINSTEIN INSTITUTES FOR MEDICAL RESEARCH
PO BOX 95000-7530PHILADELPHIAPA191957530112673595501(C)(3)$20,511$0RESEARCH
THE FREE LIBRARY OF PHILADELPHIA FO
1901 VINE STREETPHILADELPHIAPA19103521173474501(C)(3)$10,000$0RESEARCH
THE PHILADELPHIA AIDS CONSORTIUM
112 N BROAD STREETPHILADELPHIAPA19102232579594501(C)(3)$348,884$0RESEARCH
THE REGENTS OF THE UNIVERSITY OF CALIFORNIA SAN FRANCISCO
UCSF MAIN DEPOSITORY PO BOX 748872LOS ANGELESCA900744872946036493115$13,592$0RESEARCH
THE REGENTS OF THE UNIVERSITY OF CALIFORNIA MERCED
5200 N LAKE ROADMERCEDCA953435000270093858501(C)(3)$9,891$0RESEARCH
THE STATE UNIVERSITY RUTGERS
PO BOX 9ALBANYNY122010009226001086115$54,801$0RESEARCH
THE UNIVERSITY OF TEXAS AT DALLAS
800 WEST CAMPBELL ROAD SP2 27RICHARDSONTX75080751305566115$25,740$0RESEARCH
THOMAS JEFFERSON UNIV
1101 MARKET STREET SUITE 2720PHILADELPHIAPA19107231352651501(C)(3)$69,222$0RESEARCH
TRUSTEES OF BOSTON UNIVERSITY
855 COMMONWEALTH AVENUEBOSTONMA02215042103547501(C)(3)$18,317$0RESEARCH
TRUSTEES OF COLUMBIA UNIVERSITY IN THE CITY OF NEW YORK
615 WEST 131ST STREETNEW YORKNY100277922135598093501(C)(3)$91,532$0RESEARCH
TRUSTEES OF DARTMOUTH COLLEGE
6083 ALUMNI GYMHANOVERNH03755020222111501(C)(3)$141,560$0RESEARCH
TRUSTEES OF THE UNIVERSITY OF PENNSYLVANIA
3620 HAMILTON WALKPHILADELPHIAPA19104231352685501(C)(3)$2,208,816$0RESEARCH
TRUSTEES OF TUFTS COLLEGE
80 GEORGE STREETMEDFORDMA02155042103634501(C)(3)$71,822$0RESEARCH
UNIV OF ARKANSAS
1 UNIVERSITY OF ARKANSASFAYETTEVILLEAR72701716003252115$29,352$0RESEARCH
UNIV OF VIRGINIA
1001 N EMMET STCHARLOTTESVILLEVA22903546001796501(C)(3)$13,416$0RESEARCH
UNIVERSITY OF CHICAGO
6054 SOUTH DREXEL AVENUE SUITE 200CHICAGOIL60637362177139501(C)(3)$179,209$0RESEARCH
UNIVERSITY OF COLORADO
B130 WOLF LAW BUILDINGBOULDERCO80309846000555501(C)(3)$24,635$0RESEARCH
UNIVERSITY OF CONNECTICUT
1800 ASYLUM AVEWEST HARTFORDCT06117060772160501(C)(3)$137,025$0RESEARCH
UNIVERSITY OF DELAWARE
26 NORTH COLLEGE AVENUENEWARKDE19716516000297501(C)(3)$100,609$0RESEARCH
UNIVERSITY OF FLORIDA
PO BOX 100486GAINESVILLEFL326100486596002052501(C)(3)$46,226$0RESEARCH
UNIVERSITY OF HOUSTON
PO BOX 988HOUSTONTX770010988746001399501(C)(3)$90,130$0RESEARCH
UNIVERSITY OF MARYLAND
1115 EPPLEY RECREATION CENTERCOLLEGE PARKMD20742526002033501(C)(3)$241,056$0RESEARCH
UNIVERSITY OF MIAMI
PO BOX 405803ATLANTAGA30384590624458501(C)(3)$107,743$0RESEARCH
UNIVERSITY OF MISSISSIPPI MEDICAL CENTER
PO BOX 11407BIRMINGHAMAL352468528646008520501(C)(3)$123,530$0RESEARCH
UNIVERSITY OF NEW HAMPSHIRE
51 COLLEGE RD ROOM 109DURHAMNH038242620026000937501(C)(3)$74,500$0RESEARCH
UNIVERSITY OF NEW MEXICO
PO BOX 4548ALBUQUERQUENM87196856000642115$421,343$0RESEARCH
UNIVERSITY OF NORTH CAROLINA AT CHAPEL HILL
116 MANNING DRIVE CB 7250CHAPEL HILLNC275997250566001393501(C)(3)$141,553$0RESEARCH
UNIVERSITY OF PITTSBURGH
3900 FORBES AVE ROOM 223PITTSBURGHPA15260250965591501(C)(3)$144,338$0RESEARCH
UNIVERSITY OF SOUTH CAROLINA
1600 HAMPTON STREET SUITE 612COLUMBIASC292083403576001153501(C)(3)$19,654$0RESEARCH
UNIVERSITY OF TENNESSEE
2240 SUTHERLAND AVENUEKNOXVILLETN37919626001636115$199,744$0RESEARCH
UNIVERSITY OF TEXAS AT EL PASO
500 W UNIVERSITY AVEEL PASOTX79968746000813115$80,743$0RESEARCH
UNIVERSITY OF UTAH
2000 CIRCLE OF HOPE ROOM 5127SALT LAKE CITYUT841125550876000525501(C)(3)$11,024$0RESEARCH
UNIVERSITY OF WASHINGTON
1410 NE CAMPUS PKWYSEATTLEWA98195916001537115$32,619$0RESEARCH
VILLANOVA UNIVERSITY
800 LANCASTER AVEVILLANOVAPA19085231352688501(C)(3)$20,790$0RESEARCH
WAKE FOREST UNIVERSITY HEALTH SCIENCES
PO BOX 604096CHARLOTTENC28260223849199501(C)(3)$139,453$0RESEARCH
WASHINGTON STATE UNIVERSITY
PO BOX 641025PULLMANWA991641025916001108115$30,969$0RESEARCH
WAYNE STATE UNIVERSITY
PO BOX 02788DETROITMI48202386028429115$69,496$0RESEARCH
WEILL MEDICAL COLLEGE OF CORNELL UNIVERSITY
1300 YORK AVENEW YORKNY10065131623978501(C)(3)$24,898$0RESEARCH
YALE UNIVERSITY
PO BOX 1873NEW HAVENCT06508060646973501(C)(3)$52,095$0RESEARCH
FieldValueIRS element (for citing)
Total501c3 Org114Total501c3OrgCnt
Total Other Org6TotalOtherOrgCnt

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (3 entries)

Grant TypeGrantTypeTxtRecipientRecipientCntCash GrantCashGrantAmtValuation Method UsedValuationMethodUsedDesc
SCHOLARSHIPS19518$424,925,678BOOK
AWARDS125$217,935BOOK
FELLOWSHIPS4$13,777BOOK

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
ExplanationTHE PRINCIPAL INVESTIGATOR HAVING RESPONSIBILITY FOR THE GRANT MONITORS SUBCONTRACTOR PERFORMANCE BASED ON THE PROGRAM'S TASKS AND GOALS. THE PRINCIPAL INVESTIGATOR REVIEWS THE PERFORMANCE BEFORE AUTHORIZING THE SUBCONTRACTOR'S INVOICE FOR PAYMENT.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
First Class Or Charter TravelYes (X)FirstClassOrCharterTravelInd
Travel For CompanionsYes (X)TravelForCompanionsInd
Housing Allowance Or ResidenceYes (X)HousingAllowanceOrResidenceInd
Club Dues Or FeesYes (X)ClubDuesOrFeesInd
Personal ServicesYes (X)PersonalServicesInd
Written Policy Ref T And E Expnss0WrittenPolicyRefTAndEExpnssInd
Substantiation RequiredYes (1)SubstantiationRequiredInd
Compensation CommitteeYes (X)CompensationCommitteeInd
Independent ConsultantYes (X)IndependentConsultantInd
Form990 Of Other OrganizationsYes (X)Form990OfOtherOrganizationsInd
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance PaymentYes (1)SeverancePaymentInd
Supplemental Nonqual Rtr PlanYes (1)SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed PaymentsYes (1)AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (24 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
JOHN A FRY
PRESIDENT (TO 9/30/24)$934,332$0$391,755$0$503,451$0$37,950$0$13,391$0$1,880,879$0$0$0
CHARLES CAIRNS
DEAN & SVP, MED AFFAIRS, COM$814,528$0$8,165$0$243,658$0$137,950$0$17,725$0$1,222,026$0$225,000$0
HELEN Y BOWMAN
EXECUTIVE VP/COO/CFO/TREASURER$723,722$0$7,307$0$0$0$112,950$0$19,748$0$863,727$0$0$0
ELISABETH VAN BOCKSTAELE
SVP, GRADUATE AND ONLINE EDUCATION$532,168$0$4,596$0$162,439$0$112,950$0$15,394$0$827,547$0$150,000$0
DAVID L UNRUH
SVP, INSTITUTIONAL ADVANCEMENT$525,261$0$5,318$0$162,439$0$112,950$0$19,748$0$825,716$0$150,000$0
MICHAEL J EXLER ESQ
SVP AND GENERAL COUNSEL$518,801$0$5,250$0$162,439$0$112,950$0$19,748$0$819,188$0$150,000$0
SUBIR SAHU
SVP, STUDENT SUCCESS & INT SVP$473,379$0$4,200$0$162,439$0$106,050$0$19,488$0$765,556$0$150,000$0
MEGAN WEYLER
SVP AND CHRO$443,345$0$4,458$0$162,439$0$106,050$0$7,868$0$724,160$0$150,000$0
PAUL JENSEN
NINA HENDERSON PROVOST & EVP$653,224$0$6,587$0$0$0$37,950$0$19,748$0$717,509$0$0$0
CATHERINE ULOZAS
SVP, CHIEF INVESTMENT OFFICER$398,696$0$3,100$0$108,291$0$137,950$0$9,493$0$657,530$0$100,000$0
ZACHARY SPIKER
HEAD COACH, BASKETBALL$486,244$0$4,800$0$0$0$31,050$0$19,041$0$541,135$0$0$0
SHARON WALKER
DEAN, COLLEGE OF ENGINEERING$488,953$0$0$0$0$0$31,050$0$19,748$0$539,751$0$0$0
THOMAS DECHIARO
VP, INFORMATION TECHNOLOGY & CIO$405,260$0$4,062$0$81,219$0$37,950$0$7,423$0$535,914$0$25,000$0
TRACY POWELL
SVP, UNIVERSITY MARKETING & COMM$393,757$0$84,000$0$0$0$37,950$0$19,488$0$535,195$0$0$0
VERDI DISESA
SR. VICE DEAN & COO$346,333$0$3,749$0$142,972$0$37,555$0$898$0$531,507$0$0$0
PAUL BRANDT-RAUF
DEAN, SCHOOL OF BIOMEDICAL ENG$474,766$0$4,775$0$0$0$37,950$0$8,986$0$526,477$0$0$0
BRIAN T KEECH
SVP, GOVERNMENT AND COMM RELATIONS$341,830$0$73,465$0$0$0$37,950$0$19,748$0$472,993$0$0$0
DAWN MEDLEY
SVP, ENROLL MGMT (TO 6/10/25)$394,329$0$0$0$25,500$0$37,950$0$9,189$0$466,968$0$0$0
REBECCA RHYNHART
SVP FIN/CFO/DEP TREAS (TO 3/17/25)$379,252$0$0$0$0$0$31,333$0$18,302$0$428,887$0$0$0
ALEISTER SAUNDERS
EXEC. VICE PROVOST, RES. & INNOV$344,548$0$3,442$0$0$0$27,829$0$19,748$0$395,567$0$0$0
DANIEL SCHIDLOW
FORMER KEY EMPLOYEE$311,086$0$3,000$0$0$0$33,330$0$1,481$0$348,897$0$0$0
DARIN PFEIFER
SECRETARY$184,166$0$1,893$0$0$0$17,204$0$7,930$0$211,193$0$0$0
MICHAEL MITTELMAN
TRUSTEE (AS OF 7/1/24)$188,450$0$0$0$0$0$20,728$0$324$0$209,502$0$0$0
NIKI GIANAKARIS
FORMER KEY EMPLOYEE$164,833$0$1,700$0$0$0$15,453$0$9,317$0$191,303$0$0$0

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART I, LINE 1AUNIVERSITY BUSINESS TRAVEL POLICY AUTHORIZES BUSINESS TRAVEL OR FIRST-CLASS TRAVEL (IF BUSINESS CLASS IS NOT AVAILABLE) FOR ALL EMPLOYEES IF THE FLIGHT EXCEEDS FIVE HOURS IN DURATION AND IF WRITTEN APPROVAL IS OBTAINED IN ADVANCE. GENERALLY, THE UNIVERSITY DOES NOT PAY FOR OR REIMBURSE THE TRAVEL-RELATED OR ENTERTAINMENT EXPENSES OF AN EMPLOYEE'S OR OTHER AUTHORIZED PERSON'S SPOUSE/COMPANION. SPOUSAL/COMPANION TRAVEL IS PAID FOR OR REIMBURSED BY THE UNIVERSITY ON RARE OCCASIONS, AND ONLY IF SUCH TRAVEL MEETS EXCEPTIONS OUTLINED IN THE UNIVERSITY'S SPOUSAL/COMPANION POLICY. TO QUALIFY FOR AN EXCEPTION, THERE MUST BE A DOCUMENTED AND BONA FIDE BUSINESS PURPOSE DIRECTLY BENEFITING THE UNIVERSITY, AND THE PRESENCE OF THE SPOUSE/COMPANION MUST BE ESSENTIAL TO THE UNIVERSITY EMPLOYEE OR OTHER AUTHORIZED PERSONNEL. THE PRESIDENT IS PROVIDED A MONTHLY HOUSING ALLOWANCE, WHICH IS INCLUDED IN HIS TAXABLE INCOME. THE PRESIDENT IS ALSO PROVIDED A DRIVER TO ATTEND UNIVERSITY RELATED EVENTS, THE VALUE OF WHICH IS NOT INCLUDED IN TAXABLE INCOME. THE PRESIDENT WAS PROVIDED FINANCIAL PLANNING SERVICES, WHICH IS INCLUDED IN TAXABLE INCOME. THE PRESIDENT RECEIVES SOCIAL CLUB MEMBERSHIPS FOR BUSINESS-RELATED ACTIVITIES. THE PRESIDENT IS REQUIRED TO REPORT ANY PERSONAL USE OF SOCIAL CLUB MEMBERSHIPS, AND SUCH USE IS INCLUDED IN TAXABLE INCOME. SOCIAL CLUB DUES FOR BUSINESS-RELATED ACTIVITIES WERE PROVIDED FOR SENIOR VICE PRESIDENTS AND DEANS, AND ARE TREATED AS NON-TAXABLE COMPENSATION. SENIOR VICE PRESIDENTS AND DEANS ARE REQUIRED TO REPORT ANY PERSONAL USE OF SOCIAL CLUB MEMBERSHIPS, AND SUCH USE IS INCLUDED IN TAXABLE INCOME.
PART I, LINE 1BHOUSING ALLOWANCE AND SOCIAL CLUB MEMBERSHIPS WERE APPROVED FOR THE PRESIDENT BY THE BOARD.
PART I, LINES 4A-BSEVERANCE PAYMENTS CONTINGENT ON SEPARATION FROM THE ORGANIZATION: VERDI DISEA RECEIVED $124,950 IN A LUMP-SUM SEVERANCE PAYMENT AS WELL AS $18,022 IN VACATION PAYOUT. THE FOLLOWING INDIVIDUALS WERE PAID DEFERRED COMPENSATION DURING CALENDAR YEAR 2024. SEE DISCLOSURE FOR PART II FOR MORE DETAIL ON EACH INDIVIDUAL'S DEFERRED COMPENSATION ARRANGEMENT. CHARLES CAIRNS $243,658 ELISABETH VAN BOCKSTAELE $162,439 DAVID UNRUH $162,439 MICHAEL EXLER $162,439 SUBIR SAHU $162,439 MEGAN WEYLER $162,439 CATHERINE ULOZAS $108,291 THOMAS DECHIARO $81,219
PART I, LINE 7PRESIDENT FRY SHALL BE ENTITLED TO A MINIMUM ANNUAL PERFORMANCE BONUS OF 20% OF BASE PAY, PROVIDED HE CONTINUES TO BE EMPLOYED BY THE UNIVERSITY ON THE LAST DAY OF THE FISCAL YEAR AND SHALL BE ELIGIBLE FOR A HIGHER BONUS BASED ON GOAL ACHIEVEMENT. MEMBERS OF THE SENIOR LEADERSHIP TEAM SHALL BE ELIGIBLE FOR AN ANNUAL PERFORMANCE BONUS, SUBJECT TO LIMITATION, RECOMMENDED BY PRESIDENT FRY AND APPROVED BY THE EXECUTIVE COMPENSATION COMMITTEE OF THE BOARD.
SCHEDULE J, PART I, LINE 7:IN JANUARY 2024, A 1% ONE-TIME PAYMENT WAS ISSUED TO FACULTY AND PROFESSIONAL STAFF WHO WERE EMPLOYED BY DREXEL OR THE ACADEMY BEFORE JULY 2023 AND DID NOT RECEIVE A SALARY INCREASE SINCE THAT TIME. TO BE ELIGIBLE FOR THE PAYMENT, ALL COMPLIANCE AND PERFORMANCE DEVELOPMENT REQUIREMENTS MUST HAVE BEEN COMPLETED ON TIME.
PART II:THE UNIVERSITY PROVIDES HELEN BOWMAN, CHARLES CAIRNS, DAVID UNRUH, ELIZABETH VAN BOCKSTAELE, MICHAEL EXLER, MEGAN WEYLER, SUBIR SAHU, AND CATHERINE ULOZAS WITH DEFERRED COMPENSATION ARRANGEMENTS. THE UNIVERSITY WILL CREDIT MS. BOWMAN WITH $75,000 EACH JULY 1, BEGINNING WITH JULY 1, 2023, AND ENDING JULY 1, 2026, IF SHE REMAINS EMPLOYED WITH THE UNIVERSITY. THE ACCOUNT WILL BE CREDITED ANNUALLY WITH INTEREST. MS. BOWMAN WILL BECOME FULLY VESTED IN THE BALANCE OF THE ACCOUNT UPON THE EARLIEST OF THE FOLLOWING: (I) JULY 1, 2026, (II) INVOLUNTARY TERMINATION BY THE UNIVERSITY FOR ANY REASON OTHER THAN CAUSE, (III) DEATH, OR (IV) TERMINATION DUE TO TOTAL AND PERMANENT DISABILITY. IF MS. BOWMAN RESIGNS OR IS TERMINATED BY THE UNIVERSITY FOR CAUSE BEFORE THE ACCOUNT IS VESTED, THE ENTIRE ACCOUNT WILL BE FORFEITED. THE UNIVERSITY WILL CREDIT DR. CAIRNS WITH $100,000 EACH JULY 1, BEGINNING WITH JULY 1, 2024, AND ENDING JULY 1, 2026, IF HE REMAINS EMPLOYED WITH THE UNIVERSITY. THE ACCOUNT WILL BE CREDITED ANNUALLY WITH INTEREST. DR. CAIRNS WILL BECOME FULLY VESTED IN THE BALANCE OF THE ACCOUNT UPON THE EARLIEST OF THE FOLLOWING: (I) JULY 1, 2026, (II) INVOLUNTARY TERMINATION BY THE UNIVERSITY FOR ANY REASON OTHER THAN CAUSE, (III) DEATH, OR (IV) TERMINATION DUE TO TOTAL AND PERMANENT DISABILITY. IF DR. CAIRNS RESIGNS OR IS TERMINATED BY THE UNIVERSITY FOR CAUSE BEFORE THE ACCOUNT IS VESTED, THE ENTIRE ACCOUNT WILL BE FORFEITED. THE UNIVERSITY WILL CREDIT MR. UNRUH WITH $75,000 EACH JULY 1, BEGINNING WITH JULY 1, 2024, AND ENDING JULY 1, 2026, IF HE REMAINS EMPLOYED WITH THE UNIVERSITY. THE ACCOUNT WILL BE CREDITED ANNUALLY WITH INTEREST. MR. UNRUH WILL BECOME FULLY VESTED IN THE BALANCE OF THE ACCOUNT UPON THE EARLIEST OF THE FOLLOWING: (I) JULY 1, 2026, (II) INVOLUNTARY TERMINATION BY THE UNIVERSITY FOR ANY REASON OTHER THAN CAUSE, (III) DEATH, OR (IV) TERMINATION DUE TO TOTAL AND PERMANENT DISABILITY. IF MR. UNRUH RESIGNS OR IS TERMINATED BY THE UNIVERSITY FOR CAUSE BEFORE THE ACCOUNT IS VESTED, THE ENTIRE ACCOUNT WILL BE FORFEITED. THE UNIVERSITY WILL CREDIT MS. VAN BOCKSTAELE WITH $75,000 EACH JULY 1, BEGINNING WITH JULY 1, 2024, AND ENDING JULY 1, 2026, IF SHE REMAINS EMPLOYED WITH THE UNIVERSITY. THE ACCOUNT WILL BE CREDITED ANNUALLY WITH INTEREST. MS. VAN BOCKSTAELE WILL BECOME FULLY VESTED IN THE BALANCE OF THE ACCOUNT UPON THE EARLIEST OF THE FOLLOWING: (I) JULY 1, 2026, (II) INVOLUNTARY TERMINATION BY THE UNIVERSITY FOR ANY REASON OTHER THAN CAUSE, (III) DEATH, OR (IV) TERMINATION DUE TO TOTAL AND PERMANENT DISABILITY. IF MS. VAN BOCKSTAELE RESIGNS OR IS TERMINATED BY THE UNIVERSITY FOR CAUSE BEFORE THE ACCOUNT IS VESTED, THE ENTIRE ACCOUNT WILL BE FORFEITED. THE UNIVERSITY WILL CREDIT MR. EXLER WITH $75,000 EACH JULY 1, BEGINNING WITH JULY 1, 2024, AND ENDING JULY 1, 2026, IF HE REMAINS EMPLOYED WITH THE UNIVERSITY. THE ACCOUNT WILL BE CREDITED ANNUALLY WITH INTEREST. MR. EXLER WILL BECOME FULLY VESTED IN THE BALANCE OF THE ACCOUNT UPON THE EARLIEST OF THE FOLLOWING: (I) JULY 1, 2026, (II) INVOLUNTARY TERMINATION BY THE UNIVERSITY FOR ANY REASON OTHER THAN CAUSE, (III) DEATH, OR (IV) TERMINATION DUE TO TOTAL AND PERMANENT DISABILITY. IF MR. EXLER RESIGNS OR IS TERMINATED BY THE UNIVERSITY FOR CAUSE BEFORE THE ACCOUNT IS VESTED, THE ENTIRE ACCOUNT WILL BE FORFEITED. THE UNIVERSITY WILL CREDIT MS. WEYLER WITH $75,000 EACH JULY 1, BEGINNING WITH JULY 1, 2024, AND ENDING JULY 1, 2026, IF SHE REMAINS EMPLOYED WITH THE UNIVERSITY. THE ACCOUNT WILL BE CREDITED ANNUALLY WITH INTEREST. MS. WEYLER WILL BECOME FULLY VESTED IN THE BALANCE OF THE ACCOUNT UPON THE EARLIEST OF THE FOLLOWING: (I) JULY 1, 2026, (II) INVOLUNTARY TERMINATION BY THE UNIVERSITY FOR ANY REASON OTHER THAN CAUSE, (III) DEATH, OR (IV) TERMINATION DUE TO TOTAL AND PERMANENT DISABILITY. IF MS. WEYLER RESIGNS OR IS TERMINATED BY THE UNIVERSITY FOR CAUSE BEFORE THE ACCOUNT IS VESTED, THE ENTIRE ACCOUNT WILL BE FORFEITED. THE UNIVERSITY WILL CREDIT MR. SAHU WITH $75,000 EACH JULY 1, BEGINNING WITH JULY 1, 2024, AND ENDING JULY 1, 2026, IF HE REMAINS EMPLOYED WITH THE UNIVERSITY. THE ACCOUNT WILL BE CREDITED ANNUALLY WITH INTEREST. MR. SAHU WILL BECOME FULLY VESTED IN THE BALANCE OF THE ACCOUNT UPON THE EARLIEST OF THE FOLLOWING: (I) JULY 1, 2026, (II) INVOLUNTARY TERMINATION BY THE UNIVERSITY FOR ANY REASON OTHER THAN CAUSE, (III) DEATH, OR (IV) TERMINATION DUE TO TOTAL AND PERMANENT DISABILITY. IF MR. SAHU RESIGNS OR IS TERMINATED BY THE UNIVERSITY FOR CAUSE BEFORE THE ACCOUNT IS VESTED, THE ENTIRE ACCOUNT WILL BE FORFEITED. THE UNIVERSITY WILL CREDIT MS. ULOZAS WITH $100,000 EACH JULY 1, BEGINNING WITH JULY 1, 2024, AND ENDING JULY 1, 2026, IF SHE REMAINS EMPLOYED WITH THE UNIVERSITY. THE ACCOUNT WILL BE CREDITED ANNUALLY WITH INTEREST. MS. ULOZAS WILL BECOME FULLY VESTED IN THE BALANCE OF THE ACCOUNT UPON THE EARLIEST OF THE FOLLOWING: (I) JULY 1, 2027, (II) INVOLUNTARY TERMINATION BY THE UNIVERSITY FOR ANY REASON OTHER THAN CAUSE, (III) DEATH, OR (IV) TERMINATION DUE TO TOTAL AND PERMANENT DISABILITY. IF MS. ULOZAS RESIGNS OR IS TERMINATED BY THE UNIVERSITY FOR CAUSE BEFORE THE ACCOUNT IS VESTED, THE ENTIRE ACCOUNT WILL BE FORFEITED.

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (4 entries)

Bond ReferenceBondReferenceCdBond Issuer EINBondIssuerEINCUSIPCUSIPNumBond IssuedBondIssuedDtIssue PriceIssuePriceAmtPurposePurposeDescDefeasedDefeasedIndOn Behalf Of IssuerOnBehalfOfIssuerIndPool FinancingPoolFinancingInd
PENNSYLVANIA HIGHER EDUCATION FACILITIES AUTHORITY (COLUMN A)
A23224385270917TAT82020-08-03$164,854,773REFUNDING & NEW CONSTRUCTION000
PENNSYLVANIA HIGHER EDUCATION FACILITIES AUTHORITY (COLUMN B)
B23224385270917SV672017-12-26$141,750,375ADVANCE REFUND PORTION OF SERIES 2011A000
PENNSYLVANIA HIGHER EDUCATION FACILITIES AUTHORITY (COLUMN C)
C23224385270917SXU22016-08-02$136,019,435REFUNDING OF 2005A SERIES A000
NORTH PENN HEALTH HOSPITAL & EDUCATION AUTHORITY (COLUMN D)
D2321301910000000002020-11-30$13,969,733REFUND ISSUE DATED 07/15/2016000

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (4 entries)

Bond ReferenceBondReferenceCdRetiredRetiredAmtTotal ProceedsTotalProceedsAmtIssuance Costs From ProceedsIssuanceCostsFromProceedsAmtCredit EnhancementCreditEnhancementAmtCapital ExpendituresCapitalExpendituresAmtOther Spent ProceedsOtherSpentProceedsAmtSubstantial CompletionSubstantialCompletionYrRefunding Tax Exempt BondsRefundingTaxExemptBondsIndRefunding Taxable BondsRefundingTaxableBondsIndFinal Allocation MadeFinalAllocationMadeIndAdequate Books And Rec MaintAdequateBooksAndRecMaintInd
A$8,940,000$164,856,048$732,492$3,344,281$50,001,275$110,778,0002022Yes (1)0Yes (1)Yes (1)
B$38,440,000$141,750,375$697,276$141,053,09920170Yes (1)Yes (1)Yes (1)
C$6,000,000$136,019,435$692,483$135,326,9522016Yes (1)Yes (1)Yes (1)Yes (1)
D$1,664,794$13,969,733$13,969,7332020Yes (1)0Yes (1)Yes (1)

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (4 entries)

Bond ReferenceBondReferenceCdOwning Bond Financed PropertyOwningBondFinancedPropertyIndAny Lease ArrangementsAnyLeaseArrangementsIndMgmt Contract Bond Fincd PropMgmtContractBondFincdPropIndEngage Bond Counsel ContractsEngageBondCounselContractsIndAny Research AgreementsAnyResearchAgreementsIndPrivate Bus Use By OthersPrivateBusUseByOthersPctPrivate Bus Concerning UBIPrivateBusConcerningUBIPctTotal Private Business UseTotalPrivateBusinessUsePctBond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestIndChange In Use Bond Financed PropChangeInUseBondFinancedPropIndProcs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdIndEngage Bond Counsel ResearchEngageBondCounselResearchInd
A0Yes (1)Yes (1)Yes (1)00.002900.000100.0030000Yes (1)
B0Yes (1)Yes (1)Yes (1)00.000000.000000.0000000Yes (1)
C0Yes (1)Yes (1)Yes (1)00.003000.006100.0091000Yes (1)
D00Yes (1)Yes (1)Yes (1)0.000000.000000.0000000Yes (1)Yes (1)

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (4 entries)

Bond ReferenceBondReferenceCdForm8038 T FiledForm8038TFiledIndRebate Not Due YetRebateNotDueYetIndException To RebateExceptionToRebateIndNo Rebate DueNoRebateDueIndVariable Rate IssueVariableRateIssueIndHedge Identified In Bks And RecHedgeIdentifiedInBksAndRecIndGross Proceeds Invested In GICGrossProceedsInvestedInGICIndGross Proceeds InvestedGrossProceedsInvestedIndWritten Proc To Monitor ReqsWrittenProcToMonitorReqsInd
A000Yes (1)0000Yes (1)
B000Yes (1)0000Yes (1)
C000Yes (1)0000Yes (1)
D0Yes (1)000000Yes (1)

Procedures Corrective Action ProceduresCorrectiveActionGrp (4 entries)

Bond ReferenceBondReferenceCdProcedures Corrective ActionProceduresCorrectiveActionInd
AYes (1)
BYes (1)
CYes (1)
DYes (1)

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
DATE REBATE COMPUTATION PERFORMEDISSUER NAME: PENNSYLVANIA HIGHER EDUCATION FACILITIES AUTHORITY (COLUMN A) DATE THE REBATE COMPUTATION WAS PERFORMED: 05/30/2023 ISSUER NAME: PENNSYLVANIA HIGHER EDUCATION FACILITIES AUTHORITY (COLUMN B) DATE THE REBATE COMPUTATION WAS PERFORMED: 06/21/2021 ISSUER NAME: PENNSYLVANIA HIGHER EDUCATION FACILITIES AUTHORITY (COLUMN C) DATE THE REBATE COMPUTATION WAS PERFORMED: 12/04/2017
PART II, LINE 3, BOND A:THE TOTAL PROCEEDS OF THE ISSUE DIFFERS FROM THE ISSUE PRICE DUE TO INVESTMENT EARNINGS OF $1,275.

Schedule L IRS990ScheduleL

Loans Btwn Org Interested Prsn LoansBtwnOrgInterestedPrsnGrp

FieldValueIRS element (for citing)
PersonJOHN A FRYPersonNm
Relationship With OrgOFFICERRelationshipWithOrgTxt
Loan PurposeINSURANCE POLICYLoanPurposeTxt
Loan From OrganizationYes (X)LoanFromOrganizationInd
Original Principal$720,000OriginalPrincipalAmt
Balance Due$491,042BalanceDueAmt
Default0DefaultInd
Board Or Committee ApprovalYes (1)BoardOrCommitteeApprovalInd
Written AgreementYes (1)WrittenAgreementInd
FieldValueIRS element (for citing)
Total Balance Due$491,042TotalBalanceDueAmt

Grnt Asst Bnft Interested Prsn GrntAsstBnftInterestedPrsnGrp (2 entries)

Cash GrantCashGrantAmtType Of AssistanceTypeOfAssistanceTxtAssistance PurposeAssistancePurposeTxt
$41,635MERIT SCHOLARSHIPEDUCATIONAL
$221,504TUITION REMISSIONEDUCATIONAL

Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp (4 entries)

Relationship DescriptionRelationshipDescriptionTxtTransactionTransactionAmtTransactionTransactionDescSharing Of RevenuesSharingOfRevenuesInd
TINAMARIE DWYER
FAMILY OF KEY EMP$81,600EMPLOYMENT0
NOMI EVE
FAMILY OF KEY EMP$84,939EMPLOYMENT0
BRIDGET KEECH
FAMILY OF KEY EMP$45,900EMPLOYMENT0
NEWPORT CAPITAL GROUP
ENTITY MORE THAN 35% OWNED BY TRUSTEE$145,000PAYMENT FOR SERVICES0

Schedule M IRS990ScheduleM

Works Of Art WorksOfArtGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution1ContributionCnt
Noncash Contributions Rpt F990$6,000NoncashContributionsRptF990Amt
Method Of Determining RevenuesFAIR MARKET VALUEMethodOfDeterminingRevenuesTxt

Securities Publicly Traded SecuritiesPubliclyTradedGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution43ContributionCnt
Noncash Contributions Rpt F990$2,607,782NoncashContributionsRptF990Amt
Method Of Determining RevenuesFAIR MARKET VALUEMethodOfDeterminingRevenuesTxt

Other Non Cash Contri Table OtherNonCashContriTableGrp (2 entries)

Non Cash CheckboxNonCashCheckboxIndDescDescContributionContributionCntNoncash Contributions Rpt F990NoncashContributionsRptF990AmtMethod Of Determining RevenuesMethodOfDeterminingRevenuesTxt
Yes (X)LAB EQUIPMENT100$1,175,732FAIR MARKET VALUE
Yes (X)SOFTWARE LICENSE128$23,552FAIR MARKET VALUE
FieldValueIRS element (for citing)
Form8283 Received6Form8283ReceivedCnt
Any Property That Must Be Held0AnyPropertyThatMustBeHeldInd
Review Process Unusual NC GiftsYes (1)ReviewProcessUnusualNCGiftsInd
Third Parties Used0ThirdPartiesUsedInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, COLUMN (B):FormAndLineReferenceDesc
ExplanationTHE ORGANIZATION IS REPORTING THE NUMBER OF ITEMS RECEIVED, NOT THE NUMBER OF CONTRIBUTIONS.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (9 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART V, LINES 7G & 7H:NOT APPLICABLE
FORM 990, PART VI, SECTION A, LINE 2MICHAEL C. FORMAN, JOHN A. FRY, AND KAREN BUCHOLZ - BUSINESS RELATIONSHIP NICHOLAS DEBENEDICTIS AND ANDREW PENNONI - BUSINESS RELATIONSHIP
FORM 990, PART VI, SECTION B, LINE 11BFORM 990 IS PREPARED BY THE TAX OFFICE AND SUBMITTED TO THE EXECUTIVE VICE PRESIDENT, CHIEF OPERATING OFFICER, AND TREASURER FOR REVIEW AND SIGNING. PRIOR TO FILING, FORM 990 AND ALL REQUIRED SCHEDULES ULTIMATELY FILED WITH THE INTERNAL REVENUE SERVICE WERE AVAILABLE TO EACH MEMBER OF THE BOARD OF TRUSTEES FOR THEIR REVIEW AND COMMENT.
FORM 990, PART VI, SECTION B, LINE 12CDREXEL UNIVERSITY'S CONFLICT OF INTEREST AND COMMITMENT PROTOCOLS APPLY TO ALL EMPLOYEES, OFFICERS, AND TRUSTEES OF THE UNIVERSITY. THE UNIVERSITY'S CONFLICT OF INTEREST AND COMMITMENT POLICY IS INTENDED TO SATISFY COMPLIANCE REQUIREMENTS AND GUIDE UNIVERSITY EMPLOYEES IN AVOIDING THOSE SITUATIONS THAT CAN RESULT IN A CONFLICT OF INTEREST OR COMMITMENT. THE KEY TO AVOIDING THOSE SITUATIONS THAT CAN RESULT IN AN ACTUAL, POTENTIAL, OR PERCEIVED CONFLICT OF INTEREST OR COMMITMENT IS TO MAKE EMPLOYEES AWARE OF WHAT CONSTITUTES A CONFLICT AND FOR THEM TO DISCLOSE POTENTIAL SITUATIONS BEFORE THE ACTIVITY IS UNDERTAKEN. IN THE CASE OF EMPLOYEES AND OFFICERS, EACH EMPLOYEE AND OFFICER IS REQUIRED TO COMPLETE A DISCLOSURE QUESTIONNAIRE DURING THE ANNUAL COMPLIANCE PERIOD. EMPLOYEE CONFLICT OF INTEREST AND COMMITMENT DISCLOSURE QUESTIONNAIRES ARE MANAGED THROUGH THE HUMAN RESOURCES DEPARTMENT'S ELECTRONIC SYSTEM, AS REQUIRED BY THE VICE PRESIDENT AND CHIEF COMPLIANCE AND PRIVACY OFFICER. COMPLETED CONFLICT OF INTEREST DISCLOSURE QUESTIONNAIRES ARE ROUTED TO THE EMPLOYEE'S SENIOR LEADER FOR RESOLUTION AND ONGOING MANAGEMENT. AFTER THE SENIOR LEADER'S REVIEW, A DETERMINATION IS MADE AS TO WHETHER A CONFLICT OF INTEREST EXISTS AND AT WHAT LEVEL. CONFLICTS THAT ARE DETERMINED TO BE IN VIOLATION OF UNIVERSITY POLICY ARE DISCUSSED WITH THE EMPLOYEE AND THE EMPLOYEE IS ADVISED TO TERMINATE THE ACTIVITY. EMPLOYEES WHO WILLINGLY OR OTHERWISE CONTINUE TO VIOLATE THE CONFLICT OF INTEREST AND COMMITMENT POLICY ARE SUBJECT TO DISCIPLINARY ACTION UP TO AND INCLUDING TERMINATION OF EMPLOYMENT. IN THE CASE OF TRUSTEES, A CONFLICT OF INTEREST DISCLOSURE QUESTIONNAIRE IS MAILED TO EACH TRUSTEE ANNUALLY. TRUSTEES ARE REQUIRED TO COMPLETE THE QUESTIONNAIRE AND DISCLOSE ANY INTERESTS IN ANY CORPORATION, PARTNERSHIP, OR OTHER ORGANIZATION IN WHICH THEY OWN OR CONTROL 5% OR MORE OF THE ENTITY. TRUSTEES WITH A CONFLICT OF INTEREST ON A GIVEN MATTER MUST RECUSE THEMSELVES FROM PARTICIPATING IN DELIBERATIONS AND DECISIONS PERTAINING TO THAT MATTER. COMPLETED TRUSTEE CONFLICT OF INTEREST DISCLOSURE QUESTIONNAIRES ARE SUBMITTED DIRECTLY TO THE OFFICE OF THE GENERAL COUNSEL FOR REVIEW AND RESOLUTION.
FORM 990, PART VI, SECTION B, LINE 15DREXEL IS COMMITTED TO COMPENSATING ITS EXECUTIVE TEAM AT A FAIR AND COMPETITIVE LEVEL. TO MEET THIS GOAL, DREXEL UNIVERSITY'S HUMAN RESOURCES DEPARTMENT PREPARES AN EXECUTIVE COMPENSATION ANALYSIS ANNUALLY USING THE COLLEGE AND UNIVERSITY PROFESSIONAL ASSOCIATION OF HUMAN RESOURCES (CUPA) SURVEY AND IRS FORM 990 INFORMATION AS THEY RELATE TO THE UNIVERSITY'S PEER GROUPS. POSITIONS INCLUDED IN THE ANALYSIS WERE THE PRESIDENT, EXECUTIVE VICE PRESIDENTS, SENIOR VICE PRESIDENTS, AND HIGHLY-COMPENSATED DEANS. USING THE EXECUTIVE COMPENSATION ANALYSIS, A THIRD-PARTY ADVISOR PREPARED A REPORT AND SUBMITTED THE REPORT TO THE EXECUTIVE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES (THE "COMMITTEE") ALONG WITH CERTAIN PERFORMANCE CRITERIA. THE COMPENSATION ANALYSIS SERVED AS THE BASIS FOR THE PRESIDENT'S RECOMMENDATIONS FOR UNIVERSITY EXECUTIVES. THE THIRD-PARTY ADVISOR PROVIDED THE COMMITTEE WITH A LETTER ON THE APPROPRIATENESS OF THE DECISION-MAKING PROCESS AND REASONABLENESS OF THE PROPOSED COMPENSATION. ALL COMPENSATION WAS APPROVED BY THE EXECUTIVE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES PRIOR TO BECOMING EFFECTIVE ON JULY 1, 2024.
FORM 990, PART VI, SECTION C, LINE 19DREXEL UNIVERSITY MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC IN A VARIETY OF WAYS. THE CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE ON ITS WEBSITE, AND ITS GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST.
FORM 990, PART XI, LINE 9:LOSS ON SALUS MERGER -2,609,492.
FORM 990, PART XII, LINE 2C:THE AUDIT COMMITTEE OF THE BOARD OF TRUSTEES HAS RESPONSIBILITY FOR SELECTING THE INDEPENDENT ACCOUNTANT AND OVERSEEING THE AUDIT. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.
PART VI, SECTION B, LINE 16B:THE UNIVERSITY IMPLEMENTED A WRITTEN PROCEDURE, WHICH WAS APPROVED BY THE PRESIDENT'S CABINET, FOR EVALUATION OF JOINT VENTURE ARRANGEMENTS TO ENSURE THAT SUCH ARRANGEMENTS ARE CONSISTENT WITH THE UNIVERSITY'S TAX-EXEMPT PURPOSE.

Schedule R IRS990ScheduleR

Id Disregarded Entities IdDisregardedEntitiesGrp (3 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdTotal IncomeTotalIncomeAmtEnd Of Year AssetsEndOfYearAssetsAmtBusiness Name Line1DirectControllingEntityName/BusinessNameLine1Txt
DRAGON RISK LIMITED CO
3201 ARCH STREET STE 400PHILADELPHIAPA19104471086093LIABILITY INSURANCEVT-$19,968$15,815,639DREXEL UNIVERSITY
DREXEL GLOBAL INITIATIVES LLC
3201 ARCH STREET STE 400PHILADELPHIAPA19104471829445EDUCATIONALPA$0$0DREXEL UNIVERSITY
DREXEL UNIVERSITY ONLINE LLC
3201 ARCH STREET STE 400PHILADELPHIAPA19104473606161EDUCATIONALDE$5,486$0DREXEL UNIVERSITY

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (4 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdExempt Code SectionExemptCodeSectionTxtPublic Charity StatusPublicCharityStatusTxtBusiness Name Line1DirectControllingEntityName/BusinessNameLine1TxtControlled OrganizationControlledOrganizationInd
ACADEMIC ASSETS INC
3201 ARCH STREET SUITE 400PHILADELPHIAPA19104232455915HOLDING COMPANYPA501(C)(3)12C, III-FIDREXEL UNIVERSITYYes (1)
ACADEMIC PROPERTIES INC
3201 ARCH STREET SUITE 400PHILADELPHIAPA19104232411680STUDENT HOUSINGPA501(C)(3)12C, III-FIACADEMIC ASSETS INC0
THE ACADEMY OF NATURAL SCIENCES OF PHILADELPHIA
1900 BENJAMIN FRANKLIN PARKWAYPHILADELPHIAPA19103231352000MUSEUMPA501(C)(3)10DREXEL UNIVERSITYYes (1)
11TH STREET FAMILY HEALTH SERVICES INC
3201 ARCH STREET SUITE 400PHILADELPHIAPA19104464233500PROVIDES FACILITIES USE FOR DREXEL UNIVERSITYPA501(C)(3)12C, III-FIDREXEL UNIVERSITYYes (1)

Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdBusiness Name Line1DirectControllingEntityName/BusinessNameLine1TxtPredominant Income TypePredominantIncomeTypeTxtShare Of Total IncomeShareOfTotalIncomeAmtShare Of EOY AssetsShareOfEOYAssetsAmtDisproportionate AllocationsDisproportionateAllocationsIndGeneral Or Managing PartnerGeneralOrManagingPartnerIndOwnershipOwnershipPct
3509 SPRING GARDEN LP
3201 ARCH ST STE 400PHILADELPHIAPA19104462116704REAL ESTATEPA3509 SPRING GARDEN GP INCRELATED-$45,456$745,259000.10000
DUC LLC
3201 ARCH STREET STE 400PHILADELPHIAPA19104464944473DEVELOPMENT AND INVESTMENTPADREXEL UNIVERSITYRELATED$216,769$19,666,7790Yes (1)0.95000

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdBusiness Name Line1DirectControllingEntityName/BusinessNameLine1TxtEntity TypeEntityTypeTxtShare Of Total IncomeShareOfTotalIncomeAmtShare Of EOY AssetsShareOfEOYAssetsAmtOwnershipOwnershipPctControlled OrganizationControlledOrganizationIndAddress Line1ForeignAddress/AddressLine1TxtCityForeignAddress/CityNmProvince Or StateForeignAddress/ProvinceOrStateNmCountryForeignAddress/CountryCdLegal Domicile Foreign CountryLegalDomicileForeignCountryCd
3509 SPRING GARDEN GP INC
3201 ARCH STREET STE 400PHILADELPHIAPA19104462117383REAL ESTATEPADREXEL UNIVERSITYC-$392,419$2,542,2691.00000Yes (1)
DREXEL GLOBAL INDIA PRIVATE LIMITED
EDUCATIONALDREXEL UNIVERSITYC$12,0001.00000Yes (1)A-001 LEELA PARKS CHS LTD OFF MG RMUMBAIMAHARASHTRAININ
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts RyltsYes (1)ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org0GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth OrgYes (1)GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth OrgYes (1)LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth OrgYes (1)RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth OrgYes (1)PerformOfServicesForOthOrgInd
Perform Of Services By Other OrgYes (1)PerformOfServicesByOtherOrgInd
Sharing Of Facilities0SharingOfFacilitiesInd
Paid Employees SharingYes (1)PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other OrgYes (1)ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp (7 entries)

Transaction TypeTransactionTypeTxtInvolvedInvolvedAmtMethod Of Amount DeterminationMethodOfAmountDeterminationTxt
ACADEMIC PROPERTIES INC
K$5,349,000BOOK AMOUNT
ACADEMIC PROPERTIES INC
C$1,541,000BOOK AMOUNT
ACADEMIC PROPERTIES INC
L$591,000BOOK AMOUNT
THE ACADEMY OF NATURAL SCIENCES OF PHILADELPHIA
A$38,000BOOK AMOUNT
THE ACADEMY OF NATURAL SCIENCES OF PHILADELPHIA
Q$72,000BOOK AMOUNT
THE ACADEMY OF NATURAL SCIENCES OF PHILADELPHIA
L$5,251,000BOOK AMOUNT
THE ACADEMY OF NATURAL SCIENCES OF PHILADELPHIA
E$1,092,000BOOK AMOUNT