TRANSYLVANIA UNIVERSITY: Form 990, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- TRANSYLVANIA UNIVERSITY (EIN 61-0444825)
- Tax period
- 2024-07-01 to 2025-06-30
- Filed
- 2026-05-14
- IRS object ID
- 202631349349302558
- 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
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule E
- Schedule I
- Schedule J
- Schedule K
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2026-05-14T08:22:57-05:00 | ReturnTs |
| Tax Period End | 2025-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 351178661 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BLUE & CO LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 250 WEST MAIN STREET SUITE 2900 | AddressLine1Txt |
| City | LEXINGTON | CityNm |
| State Abbreviation | KY | StateAbbreviationCd |
| ZIP | 40507 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2024-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 610444825 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | TRANSYLVANIA UNIVERSITY | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | TRAN | BusinessNameControlTxt |
| Phone | 8592338100 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 300 NORTH BROADWAY | AddressLine1Txt |
| City | LEXINGTON | CityNm |
| State Abbreviation | KY | StateAbbreviationCd |
| ZIP | 40508 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | LISA CUSTARDO | PersonNm |
| Person Title | CHIEF FINANCIAL OFFICER | PersonTitleTxt |
| Phone | 8592338100 | PhoneNum |
| Signature | 2026-05-13 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (1) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | RICHARD C SHIELDS | PreparerPersonNm |
| PTIN | P00852717 | PTIN |
| Phone | 8592531100 | PhoneNum |
| Preparation | 2026-05-13 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | LISA CUSTARDO | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 300 NORTH BROADWAY | AddressLine1Txt |
| City | LEXINGTON | CityNm |
| State Abbreviation | KY | StateAbbreviationCd |
| ZIP | 40508 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $109,387,882 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | TRANSY.EDU | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1780 | FormationYr |
| Legal Domicile State | KY | LegalDomicileStateCd |
| Activity Or Mission | PRIVATE LIBERAL ARTS COLLEGE FEATURING A COMMUNITY-DRIVEN, PERSONALIZED APPROACH TO A LIBERAL ARTS EDUCATION. | ActivityOrMissionDesc |
| Voting Members Governing Body | 31 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 31 | VotingMembersIndependentCnt |
| Total Employee | 844 | TotalEmployeeCnt |
| Total Volunteers | 100 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $7,548,199 | PYContributionsGrantsAmt |
| CY Contributions Grants | $5,716,063 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $52,535,964 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $53,447,512 | CYProgramServiceRevenueAmt |
| PY Investment Income | $8,692,312 | PYInvestmentIncomeAmt |
| CY Investment Income | $25,504,662 | CYInvestmentIncomeAmt |
| PY Other Revenue | $3,057,180 | PYOtherRevenueAmt |
| CY Other Revenue | $1,439,815 | CYOtherRevenueAmt |
| PY Total Revenue | $71,833,655 | PYTotalRevenueAmt |
| CY Total Revenue | $86,108,052 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $27,357,591 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $28,039,959 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $23,053,139 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $23,838,935 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $1,521,119 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $19,402,467 | PYOtherExpensesAmt |
| CY Other Expenses | $19,244,170 | CYOtherExpensesAmt |
| PY Total Expenses | $69,813,197 | PYTotalExpensesAmt |
| CY Total Expenses | $71,123,064 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $2,020,458 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $14,984,988 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $264,515,550 | TotalAssetsBOYAmt |
| Total Assets EOY | $274,609,264 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $61,261,658 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $57,821,828 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $203,253,892 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $216,787,436 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | THROUGH AN ENGAGEMENT WITH THE LIBERAL ARTS, TRANSYLVANIA UNIVERSITY PREPARES ITS STUDENTS FOR A HUMANE AND FULFILLING PERSONAL AND PUBLIC LIFE BY CULTIVATING INDEPENDENT THINKING, OPEN-MINDEDNESS, CREATIVE EXPRESSION AND COMMITMENT TO LIFELONG LEARNING AND SOCIAL RESPONSIBILITY IN A DIVERSE WORLD. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $62,976,331 | ExpenseAmt |
| Grant | $28,039,959 | GrantAmt |
| Revenue | $54,887,327 | RevenueAmt |
| Desc | TRANSYLVANIA UNIVERSITY, LOCATED IN THE HEART OF DOWNTOWN LEXINGTON, KENTUCKY, IS A TOPRANKED PRIVATE LIBERAL ARTS COLLEGE FEATURING A COMMUNITY-DRIVEN, PERSONALIZED APPROACH TO A LIBERAL ARTS EDUCATION. FOUNDED IN 1780, IT IS THE 16TH OLDEST INSTITUTION OF HIGHER LEARNING IN THE COUNTRY, WITH APPROXIMATELY 1,000 STUDENTS. | Desc |
| Total Program Service Expenses | $62,976,331 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | Yes (1) | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (1) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (1) | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | Yes (1) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBondsInd |
| Escrow Account | 0 | EscrowAccountInd |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuerInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (1) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | Yes (1) | TransactionWithControlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 119 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 844 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 31 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 31 | IndependentVotingMemberCnt |
| Family Or Business Rln | Yes (1) | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | KY | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LISA CUSTARDO CFO | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 8592338100 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 300 NORTH BROADWAY | AddressLine1Txt |
| City | LEXINGTON | CityNm |
| State Abbreviation | KY | StateAbbreviationCd |
| ZIP | 40508 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (40 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd |
|---|---|---|---|---|---|---|---|---|---|
| WILLIAM BRIEN LEWIS | |||||||||
| PRESIDENT | 40.00 | 1.00 | Yes (X) | $400,609 | $0 | $58,251 | |||
| LISA CUSTARDO | |||||||||
| EVP FOR BUSINESS AFFAIRS, CFO | 40.00 | 1.00 | $215,637 | $0 | $36,415 | Yes (X) | |||
| S REBECCA THOMAS | |||||||||
| VICE PRESIDENT FOR ACADEMIC AFFAIRS AND DEAN OF TH | 40.00 | 1.00 | $200,219 | $0 | $35,402 | Yes (X) | |||
| KARA COVERT | |||||||||
| VICE PRESIDENT FOR ADVANCEMENT | 40.00 | 1.00 | $152,810 | $0 | $26,835 | Yes (X) | |||
| MICHAEL COVERT | |||||||||
| VICE PRESIDENT FOR STUDENT LIFE AND DEAN OF STUDEN | 40.00 | 1.00 | $141,912 | $0 | $33,753 | Yes (X) | |||
| RHYAN CONYERS | |||||||||
| VICE PRESIDENT FOR INSTITUTIONAL EFFECTIVENESS | 40.00 | 1.00 | $132,858 | $0 | $36,482 | Yes (X) | |||
| G ROD ERFANI | |||||||||
| PROFESSOR | 40.00 | 1.00 | $132,169 | $0 | $32,901 | Yes (X) | |||
| MICHAEL CAIRO | |||||||||
| PROFESSOR | 40.00 | 1.00 | $124,643 | $0 | $39,448 | Yes (X) | |||
| MANNING MAURICE | |||||||||
| PROFESSOR | 40.00 | 1.00 | $128,165 | $0 | $35,546 | Yes (X) | |||
| CHRISTOPHER H YOUNG | |||||||||
| BOARD CHAIR | 1.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | |||
| RAYMOND K COOPER II | |||||||||
| BOARD VICE-CHAIR | 1.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | |||
| BETSY BROOKS BULLEIT | |||||||||
| BOARD SECRETARY | 1.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | |||
| LUTHER DEATON JR | |||||||||
| BOARD TREASURER | 1.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | |||
| FALGUNI AMIN-ZIMMERMAN | |||||||||
| BOARD MEMBER | 1.00 | $0 | $0 | $0 | Yes (X) | ||||
| GLEN S BAGBY | |||||||||
| BOARD MEMBER | 1.00 | $0 | $0 | $0 | Yes (X) | ||||
| MINDY G BARFIELD | |||||||||
| BOARD MEMBER | 1.00 | $0 | $0 | $0 | Yes (X) | ||||
| KAREN K CALDWELL | |||||||||
| BOARD MEMBER | 1.00 | $0 | $0 | $0 | Yes (X) | ||||
| ARISTIDES S CANDRIS | |||||||||
| BOARD MEMBER | 1.00 | $0 | $0 | $0 | Yes (X) | ||||
| TODD CLARK | |||||||||
| BOARD MEMBER | 1.00 | $0 | $0 | $0 | Yes (X) | ||||
| SHAWNA A CORMAN | |||||||||
| BOARD MEMBER | 1.00 | $0 | $0 | $0 | Yes (X) | ||||
| NORWOOD COWGILL JR | |||||||||
| BOARD MEMBER | 1.00 | $0 | $0 | $0 | Yes (X) | ||||
| ROSE MARY STAMLER DOW | |||||||||
| BOARD MEMBER | 1.00 | $0 | $0 | $0 | Yes (X) | ||||
| MICHAEL C FINLEY | |||||||||
| BOARD MEMBER | 1.00 | $0 | $0 | $0 | Yes (X) | ||||
| CHARISSE GILLET | |||||||||
| BOARD MEMBER | 1.00 | $0 | $0 | $0 | Yes (X) | ||||
| HANNAH GOODLETT | |||||||||
| BOARD MEMBER | 1.00 | $0 | $0 | $0 | Yes (X) | ||||
| LAURA R HARPER | |||||||||
| BOARD MEMBER | 1.00 | $0 | $0 | $0 | Yes (X) | ||||
| SHERRY D HOLLEY | |||||||||
| BOARD MEMBER | 1.00 | $0 | $0 | $0 | Yes (X) | ||||
| DAVID C JOHNSON | |||||||||
| BOARD MEMBER | 1.00 | $0 | $0 | $0 | Yes (X) | ||||
| JOHN KNAPP | |||||||||
| BOARD MEMBER | 1.00 | $0 | $0 | $0 | Yes (X) | ||||
| PRAKASH T MAGGAN | |||||||||
| BOARD MEMBER | 1.00 | $0 | $0 | $0 | Yes (X) | ||||
| JANET MCGREGOR | |||||||||
| BOARD MEMBER | 1.00 | $0 | $0 | $0 | Yes (X) | ||||
| JENNIFER MOORE | |||||||||
| BOARD MEMBER | 1.00 | $0 | $0 | $0 | Yes (X) | ||||
| BILLIE JO SETZER | |||||||||
| BOARD MEMBER | 1.00 | $0 | $0 | $0 | Yes (X) | ||||
| JOE M THOMPSON | |||||||||
| BOARD MEMBER | 1.00 | $0 | $0 | $0 | Yes (X) | ||||
| JEFFRY TRUITT | |||||||||
| BOARD MEMBER | 1.00 | $0 | $0 | $0 | Yes (X) | ||||
| PALMER G VANCE II | |||||||||
| BOARD MEMBER | 1.00 | $0 | $0 | $0 | Yes (X) | ||||
| GEORGE M VANMETER JR | |||||||||
| BOARD MEMBER | 1.00 | $0 | $0 | $0 | Yes (X) | ||||
| JOHN N WILLIAMS JR | |||||||||
| BOARD MEMBER | 1.00 | $0 | $0 | $0 | Yes (X) | ||||
| ANN ORME WINDLEY | |||||||||
| BOARD MEMBER | 1.00 | $0 | $0 | $0 | Yes (X) | ||||
| BRIAN C WOOD | |||||||||
| BOARD MEMBER | 1.00 | $0 | $0 | $0 | Yes (X) | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,629,022 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $335,033 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 13 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| ASPIRANT POINT-C | |||||
| 500 N HURSTBOURNE PARKWAY SUITE 10 | LOUISVILLE | KY | 40222 | MEDICAL INSURANCE SERVICES | $6,092,310 |
| BON APPETIT | |||||
| PO BOX 91337 | CHICAGO | IL | 606091337 | FOOD SERVICES | $2,436,144 |
| KENTUCKY UTILITIES | |||||
| PO BOX 25212 | LEHIGH VALLEY | PA | 180025212 | UTILITIES | $1,040,345 |
| MARSH & MCLENNAN AGENCY | |||||
| PO BOX 744833 | ATLANTA | GA | 303744833 | INSURANCE | $604,347 |
| CHARD SNYDER AND ASSOCIATES | |||||
| PO BOX 22247 | NEW YORK | NY | 100872247 | MEDICAL INSURANCE SERVICES | $406,928 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 31 | CntrctRcvdGreaterThan100KCnt |
| All Other Contributions | $5,716,063 | AllOtherContributionsAmt |
| Noncash Contributions | $1,056,721 | NoncashContributionsAmt |
| Total Contributions | $5,716,063 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| TUITION AND FEES | 611310 | $45,557,815 | $45,557,815 |
| ROOM, BOARD, AND OTHER AUXILIARIE | 611310 | $7,671,526 | $7,671,526 |
| GRANTS AND CONTRACTS | 611310 | $218,171 | $218,171 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $53,447,512 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $2,526,494 | TotalRevenueColumnAmt |
| Exclusion | $2,526,494 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $46,257,998 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $23,279,830 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $22,978,168 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $22,978,168 | TotalRevenueColumnAmt |
| Exclusion | $22,978,168 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER | Desc |
| Business | 611310 | BusinessCd |
| Total Revenue Column | $1,439,815 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $1,439,815 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $1,439,815 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $86,108,052 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $54,887,327 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $25,504,662 | ExclusionAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $28,039,959 | TotalAmt |
| Program Services | $28,039,959 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,897,966 | TotalAmt |
| Program Services | $495,763 | ProgramServicesAmt |
| Management And General | $971,931 | ManagementAndGeneralAmt |
| Fundraising | $430,272 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $16,189,707 | TotalAmt |
| Program Services | $14,265,077 | ProgramServicesAmt |
| Management And General | $1,446,326 | ManagementAndGeneralAmt |
| Fundraising | $478,304 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,423,758 | TotalAmt |
| Program Services | $1,015,215 | ProgramServicesAmt |
| Management And General | $343,320 | ManagementAndGeneralAmt |
| Fundraising | $65,223 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,033,974 | TotalAmt |
| Program Services | $2,098,283 | ProgramServicesAmt |
| Management And General | $822,285 | ManagementAndGeneralAmt |
| Fundraising | $113,406 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,293,530 | TotalAmt |
| Program Services | $921,383 | ProgramServicesAmt |
| Management And General | $309,247 | ManagementAndGeneralAmt |
| Fundraising | $62,900 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $38,234 | TotalAmt |
| Program Services | $475 | ProgramServicesAmt |
| Management And General | $37,759 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $55,715 | TotalAmt |
| Management And General | $55,715 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $228,427 | TotalAmt |
| Management And General | $228,427 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,464,325 | TotalAmt |
| Program Services | $797,889 | ProgramServicesAmt |
| Management And General | $666,436 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $256,670 | TotalAmt |
| Program Services | $86,775 | ProgramServicesAmt |
| Management And General | $145,088 | ManagementAndGeneralAmt |
| Fundraising | $24,807 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $129,345 | TotalAmt |
| Program Services | $105,528 | ProgramServicesAmt |
| Fundraising | $23,817 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,033,306 | TotalAmt |
| Program Services | $926,959 | ProgramServicesAmt |
| Management And General | $77,728 | ManagementAndGeneralAmt |
| Fundraising | $28,619 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,438,727 | TotalAmt |
| Program Services | $2,193,421 | ProgramServicesAmt |
| Management And General | $204,667 | ManagementAndGeneralAmt |
| Fundraising | $40,639 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,466,253 | TotalAmt |
| Program Services | $1,427,597 | ProgramServicesAmt |
| Management And General | $9,257 | ManagementAndGeneralAmt |
| Fundraising | $29,399 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $560,663 | TotalAmt |
| Program Services | $489,599 | ProgramServicesAmt |
| Fundraising | $71,064 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,760,867 | TotalAmt |
| Program Services | $1,733,835 | ProgramServicesAmt |
| Management And General | $27,032 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,664,265 | TotalAmt |
| Program Services | $4,171,262 | ProgramServicesAmt |
| Management And General | $414,265 | ManagementAndGeneralAmt |
| Fundraising | $78,738 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $910,257 | TotalAmt |
| Program Services | $45,949 | ProgramServicesAmt |
| Management And General | $864,308 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| FOODSERVICE | $2,322,577 | $2,322,577 | $0 | $0 |
| SUPPLIES | $784,254 | $784,254 | $0 | $0 |
| AWARDS AND HONORARIA | $421,554 | $421,554 | $0 | $0 |
| DUES, SUBSCRIPTIONS, AN | $195,942 | $194,788 | $0 | $1,154 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $512,789 | TotalAmt |
| Program Services | $438,189 | ProgramServicesAmt |
| Management And General | $1,823 | ManagementAndGeneralAmt |
| Fundraising | $72,777 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $71,123,064 | TotalAmt |
| Program Services | $62,976,331 | ProgramServicesAmt |
| Management And General | $6,625,614 | ManagementAndGeneralAmt |
| Fundraising | $1,521,119 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,574,598 | BOYAmt |
| EOY | $4,339,957 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,676,305 | BOYAmt |
| EOY | $1,923,355 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,115,273 | BOYAmt |
| EOY | $1,128,278 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $334,251 | BOYAmt |
| EOY | $233,780 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,167,874 | BOYAmt |
| EOY | $1,147,840 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $190,155,697 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $87,343,431 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $105,248,398 | BOYAmt |
| EOY | $102,812,266 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $148,791,126 | BOYAmt |
| EOY | $73,115,206 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $88,197,646 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,607,725 | BOYAmt |
| EOY | $1,710,936 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $264,515,550 | BOYAmt |
| EOY | $274,609,264 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,612,431 | BOYAmt |
| EOY | $4,584,442 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,047,654 | BOYAmt |
| EOY | $1,103,475 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $47,718,147 | BOYAmt |
| EOY | $46,449,831 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,742,459 | BOYAmt |
| EOY | $4,349,318 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $526,620 | BOYAmt |
| EOY | $346,705 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,614,347 | BOYAmt |
| EOY | $988,057 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $61,261,658 | BOYAmt |
| EOY | $57,821,828 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $38,724,310 | BOYAmt |
| EOY | $40,290,605 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $164,529,582 | BOYAmt |
| EOY | $176,496,831 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $203,253,892 | BOYAmt |
| EOY | $216,787,436 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $264,515,550 | BOYAmt |
| EOY | $274,609,264 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $14,984,988 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$2,382,049 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $930,605 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | Yes (1) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (1) | FederalGrantAuditPerformedInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School | Yes (X) | SchoolInd |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $8,820,169 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $4,850,204 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $4,299,336 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $7,548,199 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $5,716,063 | CurrentTaxYearAmt |
| Total | $31,233,971 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $8,820,169 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $4,850,204 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $4,299,336 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $7,548,199 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $5,716,063 | CurrentTaxYearAmt |
| Total | $31,233,971 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $4,782,131 | SubstantialContributorsTotAmt |
| Public Support Total170 | $26,451,840 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,685,261 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1,853,350 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,975,928 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $2,222,731 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $2,526,494 | CurrentTaxYearAmt |
| Total | $10,263,764 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $11,100,419 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $489,166 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,275,458 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $3,057,180 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,439,814 | CurrentTaxYearAmt |
| Total | $17,362,037 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $58,859,772 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $245,882,881 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.44940 | PublicSupportCY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: | OTHER REVENUE - 2020 AMOUNT: $ 11,100,419. 2021 AMOUNT: $ 489,166. 2022 AMOUNT: $ 1,275,458. 2023 AMOUNT: $ 3,057,180. 2024 AMOUNT: $ 1,439,814. |
| PART II, SECTION A | PART II HAS BEEN COMPLETED TO PROVE THE SCHOOL MEETS THE PUBLIC SUPPORT TEST AND THEREFORE QUALIFIES TO USE THE SPECIAL RULE IN REPORTING ON SCHEDULE B. |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
Art Public Exhibition Amounts ArtPublicExhibitionAmountsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Assets Included | $2,865,919 | AssetsIncludedAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collection Used Pub Exhibition | Yes (X) | CollectionUsedPubExhibitionInd |
| Collection Used Preservation | Yes (X) | CollectionUsedPreservationInd |
| Solicited Assets Sale | 0 | SolicitedAssetsSaleInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $142,344,270 | BeginningYearBalanceAmt |
| Contributions | $2,218,158 | ContributionsAmt |
| Investment Earnings Or Losses | $22,684,022 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $9,834,778 | OtherExpendituresAmt |
| End Year Balance | $157,411,672 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $128,319,662 | BeginningYearBalanceAmt |
| Contributions | $3,888,305 | ContributionsAmt |
| Investment Earnings Or Losses | $20,738,139 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $10,601,836 | OtherExpendituresAmt |
| End Year Balance | $142,344,270 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $117,307,154 | BeginningYearBalanceAmt |
| Contributions | $913,224 | ContributionsAmt |
| Investment Earnings Or Losses | $16,865,901 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $6,766,617 | OtherExpendituresAmt |
| End Year Balance | $128,319,662 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $130,237,116 | BeginningYearBalanceAmt |
| Contributions | $976,896 | ContributionsAmt |
| Investment Earnings Or Losses | -$5,589,707 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $8,317,151 | OtherExpendituresAmt |
| End Year Balance | $117,307,154 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $102,241,243 | BeginningYearBalanceAmt |
| Contributions | $3,474,755 | ContributionsAmt |
| Investment Earnings Or Losses | $32,359,614 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $7,838,496 | OtherExpendituresAmt |
| End Year Balance | $130,237,116 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.04391 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.48476 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.47133 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $14,914,360 | OtherCostOrOtherBasisAmt |
| Book Value | $14,914,360 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $145,521,016 | OtherCostOrOtherBasisAmt |
| Depreciation | $67,514,743 | DepreciationAmt |
| Book Value | $78,006,273 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $11,579,923 | OtherCostOrOtherBasisAmt |
| Depreciation | $8,866,777 | DepreciationAmt |
| Book Value | $2,713,146 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $12,705,325 | OtherCostOrOtherBasisAmt |
| Depreciation | $10,334,701 | DepreciationAmt |
| Book Value | $2,370,624 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $5,435,073 | OtherCostOrOtherBasisAmt |
| Depreciation | $627,210 | DepreciationAmt |
| Book Value | $4,807,863 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $102,812,266 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp (5 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| MONEY MARKET FUNDS | $35,027,596 | F |
| CASH SURRENDER VALUE OF LIFE INSURANCE POLICIES | $2,093,110 | F |
| OTHER INVESTMENTS | $734,805 | F |
| SCHWAB S&P 500 INDEX | $35,065,744 | F |
| MICROSOFT CORP | $15,276,391 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $88,197,646 | TotalBookValueSecuritiesAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)
| DescDesc | AmtAmt |
|---|---|
| ANNUITIES PAYABLE | $913,753 |
| DEPOSITS HELD IN CUSTODY | $74,304 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $988,057 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $76,716,012 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | -$2,382,049 | NetUnrealizedGainsInvstAmt |
| Other Revenue | $21,328,087 | OtherRevenueAmt |
| Revenue Not Reported | $18,946,038 | RevenueNotReportedAmt |
| Revenue Subtotal | $57,769,974 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $298,119 | InvestmentExpensesNotIncldAmt |
| Other Revenues Not Included | $28,039,959 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $28,338,078 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $86,108,052 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $46,482,221 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $3,627,543 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $3,627,543 | ExpensesNotReportedAmt |
| Expenses Subtotal | $42,854,678 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $228,427 | InvestmentExpensesNotIncld2Amt |
| Other Expenses Not Included | $28,039,959 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $28,268,386 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $71,123,064 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART III, LINE 4: | WORKS OF ART, RARE BOOKS, DRAWINGS, PORTRAITS, HISTORICAL DOCUMENTS AND MEDICAL TEXTBOOKS RELATED TO THE UNIVERSITY'S 19TH CENTURY COLLEGE OF MEDICINE ARE MAINTAINED BY THE UNIVERSITY FOR EDUCATION AND COMMUNITY HISTORICAL PURPOSES. |
| PART V, LINE 4: | THE UNIVERSITY'S ENDOWMENT FUNDS SUPPORT CURRENT OPERATIONS, SCHOLARSHIPS AND SPECIFIC PROGRAMS FOR EXCELLENCE IN TEACHING AND FACULTY DEVELOPMENT |
| PART X, LINE 2: | ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE UNIVERSITY AND RECOGNIZE TAX LIABILITY IF THE UNIVERSITY HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY VARIOUS FEDERAL AND STATE TAXING AUTHORITIES. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE UNIVERSITY, AND CONCLUDED THAT AS OF JUNE 30, 2025 AND 2024, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE ACCOMPANYING FINANCIAL STATEMENTS. |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | DE-CONSOLIDATE BINGHAM FUND FOR EXCELLENCE IN TEACHING 20,397,482. CHANGE IN ANNUITIES PAYABLE 827,394. CHANGE IN ASSETS HELD IN TRUST BY OTHERS 103,211. |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | SCHOLARSHIPS NETTED ON FINANCIAL STATEMENTS 28,039,959. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | DE-CONSOLIDATE BINGHAM FUND FOR EXCELLENCE IN TEACHING 3,627,543. |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | SCHOLARSHIPS NETTED ON FINANCIAL STATEMENTS 28,039,959. |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | Yes (1) | NondiscriminatoryPolicyStmtInd |
| Policy Stmt In Brochures Etc | Yes (1) | PolicyStmtInBrochuresEtcInd |
| Plcy Pblczd Via Broadcast Media | Yes (1) | PlcyPblczdViaBroadcastMediaInd |
| Maintain Racial Comp Recs | Yes (1) | MaintainRacialCompRecsInd |
| Maintain Scholarships Recs | Yes (1) | MaintainScholarshipsRecsInd |
| Maintain Cpy Of Brochures Etc | Yes (1) | MaintainCpyOfBrochuresEtcInd |
| Maintain Cpy Of All Sol | Yes (1) | MaintainCpyOfAllSolInd |
| Discriminate Race Stdnts Rghts | 0 | DiscriminateRaceStdntsRghtsInd |
| Discriminate Race Admiss Plcy | 0 | DiscriminateRaceAdmissPlcyInd |
| Discriminate Race Emplm Fculty | 0 | DiscriminateRaceEmplmFcultyInd |
| Discriminate Race Schs | 0 | DiscriminateRaceSchsInd |
| Discriminate Race Educ Plcy | 0 | DiscriminateRaceEducPlcyInd |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFcltsInd |
| Discriminate Race Athlt Prog | 0 | DiscriminateRaceAthltProgInd |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActyInd |
| Government Financial Aid Rcvd | Yes (1) | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | 0 | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (1) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE E, PART I, LINE 3 | ALL PUBLICATIONS CONTAIN A STATEMENT REGARDING TRANSYLVANIA UNIVERSITY'S NONDISCRIMINATION POLICY. |
| SCHEDULE E, PART I, LINE 6 | THE UNIVERSITY'S STUDENTS ARE ELIGIBLE TO RECEIVE FEDERAL FINANCIAL AID. |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | SCHOLARSHIPS FOR TUITION AND RELATED FEES. | GrantTypeTxt |
| Recipient | 997 | RecipientCnt |
| Cash Grant | $28,039,959 | CashGrantAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | THE OFFICE OF FINANCIAL AID MAINTAIN RECORDS TO SUBSTANTIATE THE AMOUNT OF THE GRANTS OR ASSISTANCE DISBURSED TO STUDENTS, THE STUDENTS' ELIGIBILITY FOR THE GRANTS OR ASSISTANCE, AND THE SELECTION CRITERIA USED TO AWARD THE GRANTS OR ASSISTANCE. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Travel For Companions | Yes (X) | TravelForCompanionsInd |
| Discretionary Spending Acct | Yes (X) | DiscretionarySpendingAcctInd |
| Housing Allowance Or Residence | Yes (X) | HousingAllowanceOrResidenceInd |
| Written Policy Ref T And E Expnss | Yes (1) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (9 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| WILLIAM BRIEN LEWIS | ||||||||||||||
| PRESIDENT | $400,609 | $0 | $0 | $0 | $0 | $0 | $31,944 | $0 | $26,307 | $0 | $458,860 | $0 | $0 | $0 |
| LISA CUSTARDO | ||||||||||||||
| EVP FOR BUSINESS AFFAIRS, CFO | $215,637 | $0 | $0 | $0 | $0 | $0 | $19,407 | $0 | $17,008 | $0 | $252,052 | $0 | $0 | $0 |
| S REBECCA THOMAS | ||||||||||||||
| VICE PRESIDENT FOR ACADEMIC AFFAIRS | $200,219 | $0 | $0 | $0 | $0 | $0 | $18,020 | $0 | $17,382 | $0 | $235,621 | $0 | $0 | $0 |
| KARA COVERT | ||||||||||||||
| VICE PRESIDENT FOR ADVANCEMENT | $152,810 | $0 | $0 | $0 | $0 | $0 | $13,753 | $0 | $13,082 | $0 | $179,645 | $0 | $0 | $0 |
| MICHAEL COVERT | ||||||||||||||
| VICE PRESIDENT FOR STUDENT LIFE AND | $141,912 | $0 | $0 | $0 | $0 | $0 | $12,772 | $0 | $20,981 | $0 | $175,665 | $0 | $0 | $0 |
| RHYAN CONYERS | ||||||||||||||
| VICE PRESIDENT FOR INSTITUTIONAL EFF | $132,858 | $0 | $0 | $0 | $0 | $0 | $11,957 | $0 | $24,525 | $0 | $169,340 | $0 | $0 | $0 |
| G ROD ERFANI | ||||||||||||||
| PROFESSOR | $132,169 | $0 | $0 | $0 | $0 | $0 | $11,895 | $0 | $21,006 | $0 | $165,070 | $0 | $0 | $0 |
| MICHAEL CAIRO | ||||||||||||||
| PROFESSOR | $124,643 | $0 | $0 | $0 | $0 | $0 | $11,218 | $0 | $28,230 | $0 | $164,091 | $0 | $0 | $0 |
| MANNING MAURICE | ||||||||||||||
| PROFESSOR | $128,165 | $0 | $0 | $0 | $0 | $0 | $11,535 | $0 | $24,011 | $0 | $163,711 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 1A | FormAndLineReferenceDesc |
| Explanation | THE UNIVERSITY MAKES A RESIDENCE AVAILABLE FOR USE BY THE PRESIDENT. THE UNIVERSITY MAY PURCHASE FLIGHTS FOR THE PRESIDENT'S SPOUSE FROM TIME TO TIME TO TRAVEL TO ALUMNI EVENTS OR DONOR CULTIVATION. THE PRESIDENT HAS A DISCRETIONARY SPENDING ACCOUNT. | ExplanationTxt |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (2 entries)
| Bond ReferenceBondReferenceCd | Bond Issuer EINBondIssuerEIN | CUSIPCUSIPNum | Bond IssuedBondIssuedDt | Issue PriceIssuePriceAmt | PurposePurposeDesc | DefeasedDefeasedInd | On Behalf Of IssuerOnBehalfOfIssuerInd | Pool FinancingPoolFinancingInd |
|---|---|---|---|---|---|---|---|---|
| KBDC IRB SERIES 2019B CITY OF STAMPING GROUND | ||||||||
| A | 472650498 | 000491207 | 2019-06-20 | $13,765,000 | PROJECT FUNDING FOR BUILDING PROJECTS | 0 | 0 | 0 |
| KBDC EDRB SERIES 2021A CITY OF STAMPING GROUND | ||||||||
| B | 472650498 | 49120AAW9 | 2021-02-18 | $32,160,000 | REFUND 2012, 2016A, 2016B, 2016C, 2016D SERIES BONDS | 0 | 0 | 0 |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (2 entries)
| Bond ReferenceBondReferenceCd | Total ProceedsTotalProceedsAmt | Capitalized InterestCapitalizedInterestAmt | Issuance Costs From ProceedsIssuanceCostsFromProceedsAmt | Capital ExpendituresCapitalExpendituresAmt | Substantial CompletionSubstantialCompletionYr | Refunding Tax Exempt BondsRefundingTaxExemptBondsInd | Refunding Taxable BondsRefundingTaxableBondsInd | Final Allocation MadeFinalAllocationMadeInd | Adequate Books And Rec MaintAdequateBooksAndRecMaintInd | RetiredRetiredAmt |
|---|---|---|---|---|---|---|---|---|---|---|
| A | $145,019,399 | $651,439 | $248,463 | $13,600,000 | 2020 | 0 | 0 | Yes (1) | Yes (1) | |
| B | $32,160,000 | 2021 | Yes (1) | 0 | Yes (1) | Yes (1) | $32,160,000 |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (2 entries)
| Bond ReferenceBondReferenceCd | Owning Bond Financed PropertyOwningBondFinancedPropertyInd | Any Lease ArrangementsAnyLeaseArrangementsInd | Mgmt Contract Bond Fincd PropMgmtContractBondFincdPropInd | Engage Bond Counsel ContractsEngageBondCounselContractsInd | Any Research AgreementsAnyResearchAgreementsInd | Bond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestInd | Change In Use Bond Financed PropChangeInUseBondFinancedPropInd | Procs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd |
|---|---|---|---|---|---|---|---|---|
| A | 0 | 0 | Yes (1) | Yes (1) | 0 | 0 | 0 | Yes (1) |
| B | 0 | 0 | 0 | 0 | 0 | 0 | Yes (1) |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (2 entries)
| Bond ReferenceBondReferenceCd | Form8038 T FiledForm8038TFiledInd | Rebate Not Due YetRebateNotDueYetInd | Exception To RebateExceptionToRebateInd | No Rebate DueNoRebateDueInd | Variable Rate IssueVariableRateIssueInd | Hedge Identified In Bks And RecHedgeIdentifiedInBksAndRecInd | Gross Proceeds Invested In GICGrossProceedsInvestedInGICInd | Gross Proceeds InvestedGrossProceedsInvestedInd | Written Proc To Monitor ReqsWrittenProcToMonitorReqsInd |
|---|---|---|---|---|---|---|---|---|---|
| A | 0 | Yes (1) | Yes (1) | Yes (1) | Yes (1) | 0 | 0 | 0 | Yes (1) |
| B | 0 | Yes (1) | Yes (1) | Yes (1) | Yes (1) | 0 | 0 | 0 | Yes (1) |
Procedures Corrective Action ProceduresCorrectiveActionGrp (2 entries)
| Bond ReferenceBondReferenceCd | Procedures Corrective ActionProceduresCorrectiveActionInd |
|---|---|
| A | Yes (1) |
| B | Yes (1) |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 36 | ContributionCnt |
| Noncash Contributions Rpt F990 | $1,056,721 | NoncashContributionsRptF990Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | 0 | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | 0 | ThirdPartiesUsedInd |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 2 | MR. CHRISTOPHER H. YOUNG AND MR. WILLIAM T. YOUNG, JR. - FAMILY RELATIONSHIP. |
| FORM 990, PART VI, SECTION B, LINE 11B | A DRAFT OF THE FORM 990 IS REVIEWED AND APPROVED BY THE FINANCE COMMITTEE OF THE BOARD OF TRUSTEES PRIOR TO FILING. |
| FORM 990, PART VI, SECTION B, LINE 12C | THE TRANSYLVANIA UNIVERSITY ANNUAL DISCLOSURE FORM IS COMPLETED BY EACH TRUSTEE AND IS FORWARDED TO THE EVP FOR BUSINESS AFFAIRS. COMPLIANCE WITH THE ORGANIZATIONS' CONFLICT OF INTEREST POLICY IS MONITORED ANNUALLY. ALL INTERESTED PERSONS ARE REQUIRED TO DISCLOSE TO THE BOARD ANY POSSIBLE CONFLICTS OF INTEREST. IN THE EVENT OF A CONFLICT, THE INTERESTED PARTY IS REQUIRED TO RECUSE THEMSELVES FROM THE DISCUSSION AND ABSTAIN FROM VOTING ON SUCH MATTERS UNDER CONSIDERATION BY THE BOARD. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES, APPOINTED BY THE CHAIR, RECOMMENDS THE COMPENSATION OF THE PRESIDENT AND IS APPROVED BY THE CHAIR. THE PRESIDENT REVIEWS AND APPROVES THE COMPENSATION FOR ALL VICE PRESIDENTS. THE DIRECTOR OF HUMAN RESOURCES USES CUPA-HR SURVEY DATA TO DETERMINE APPROPRIATE MARKET SALARIES. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE NOT REQUIRED TO BE DISCLOSED PER IRC SECTION 6014. AS SUCH, THESE DOCUMENTS ARE NOT AVAILABLE TO THE PUBLIC AT THIS TIME. |
| FORM 990, PART XI, LINE 9: | CHANGE IN ANNUITIES PAYABLE 827,394. CHANGE IN ASSETS HELD IN TRUST BY OTHERS 103,211. |
| FORM 990, PART XII, LINE 2C | THE METHOD DID NOT CHANGE FROM THE PRIOR YEAR. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BINGHAM FUND FOR EXCELLENCE IN TEACHING AT TRANSYLVANIA UNIVERSITY | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 300 NORTH BROADWAY | AddressLine1Txt |
| City | LEXINGTON | CityNm |
| State Abbreviation | KY | StateAbbreviationCd |
| ZIP | 40508 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 611129707 | EIN |
| Primary Activities | PROMOTE EXCELLENCE IN TEACHING | PrimaryActivitiesTxt |
| Legal Domicile State | KY | LegalDomicileStateCd |
| Exempt Code Section | 501(C)(3) | ExemptCodeSectionTxt |
| Public Charity Status | LINE 12B, II | PublicCharityStatusTxt |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | TRANSYLVANIA UNIVERSITY | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Controlled Organization | Yes (1) | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | 0 | SharingOfFacilitiesInd |
| Paid Employees Sharing | 0 | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | Yes (1) | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp
Other Organization Name OtherOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BINGHAM FUND FOR EXCELLENCE IN TEACHING AT TRANSYLVANIA UNIVERSITY | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transaction Type | Q | TransactionTypeTxt |
| Involved | $3,697,234 | InvolvedAmt |
| Method Of Amount Determination | ACTUAL EXPENSES | MethodOfAmountDeterminationTxt |