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Nonprofiteer
← DENISON UNIVERSITY

Form 990 for tax year 2023

Filed by DENISON UNIVERSITY.

Totals

Total revenue
$295,712,847
Total expenses
$273,828,504
Contributions and grants received
$42,868,663
Grants paid
$85,720,939
Program services expenses (Part IX)
$239,729,183
Management and general expenses
$26,865,572
Fundraising expenses
$7,233,749
Program service expenses (Part III)
$239,729,183

Program services were 87.5% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • JAMES L ANDERSON '85

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • GEORGE W BODENHEIMER '80

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • CYNTHIA OOTEN BOOTH '79

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • ASHLEY EDWARDS BRADLEY '93

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • DANIEL J BRICKMAN '80

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • MARCUS COLWELL '84

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • KATHRYN CORREIA '79

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • H TIMOTHY EWING '89

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • JAMES FELKER '23

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • JEREMY FLUG '83

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • KRISTEN FITZWILLIAM GIARRUSSO '84

    VICE CHAIR/TREASURER

    Total calculated
    $0
    Hours/week
    1

  • JAMES T GLERUM JR '82

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • LAUREN STANIAR HAARLOW '90

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • MATTHEW J HARRINGTON '84

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • JERYL D HAYES '04

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • CRYSTAL ROBERTS JEZIERSKI '94

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • JEFF JOHNSON '81

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • RICHARD A KIENZLE '85

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • SUZANNE B KRISCUNAS '72

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • MARC B LAUTENBACH '83

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1

  • ERIC LINDBERG '93

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • DOUGLAS W MABIE '86

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • JEFFREY MASTEN '86

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • AMY TODD MIDDLETON '93

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • WILLIAM C MULLIGAN '76

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • STEPHEN POLK '78

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • ABIGAIL E PRINGLE '96

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • VIVIAN QUAYE '03

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • GEORGE V RUSSELL '88

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • LEWIS A SACHS '85

    CHAIR

    Total calculated
    $0
    Hours/week
    1

  • ARTHUR P STEINMETZ JR '80

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • THOMAS E SZYKOWNY '79

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • G JACKSON TANKERSLEY JR '72

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • GREGORY N TAYLOR

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • JAMIE K THORSEN '77

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • RAYSHON WALKER '22

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • SUSAN D WHITING '78

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • ADAM S WEINBERG

    PRESIDENT

    Total calculated
    $1,144,651
    From this org
    $767,842
    From related orgs
    $0
    Other
    $376,809
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $525,526
    Bonus
    $0
    Other
    $242,316
    Deferred
    $341,490
    Nontaxable benefits
    $35,319
    Filer's total
    $1,144,651

  • DAVID A ENGLISH

    VP FINANCE & MGMT AND CFO

    Total calculated
    $408,268
    From this org
    $345,956
    From related orgs
    $0
    Other
    $62,312
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $294,464
    Bonus
    $0
    Other
    $51,492
    Deferred
    $41,490
    Nontaxable benefits
    $20,822
    Filer's total
    $408,268

  • ALEXANDRA T SCHIMMER

    VP&GENERAL COUNSEL

    Total calculated
    $400,967
    From this org
    $346,096
    From related orgs
    $0
    Other
    $54,871
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $316,786
    Bonus
    $0
    Other
    $29,310
    Deferred
    $41,490
    Nontaxable benefits
    $13,381
    Filer's total
    $400,967

  • KIMBERLY A COPLIN

    PROVOST

    Total calculated
    $397,582
    From this org
    $324,284
    From related orgs
    $0
    Other
    $73,298
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $290,809
    Bonus
    $0
    Other
    $33,475
    Deferred
    $41,175
    Nontaxable benefits
    $32,123
    Filer's total
    $397,582

  • KATHLEEN R BROWNE

    CHIEF INVESTMENT OFFICER

    Total calculated
    $912,593
    From this org
    $716,984
    From related orgs
    $0
    Other
    $195,609
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $496,026
    Bonus
    $169,142
    Other
    $51,816
    Deferred
    $160,290
    Nontaxable benefits
    $35,319
    Filer's total
    $912,593

  • GREGORY R BADER

    VP INSTIUTIONAL ADVANCEMENT

    Total calculated
    $375,111
    From this org
    $328,094
    From related orgs
    $0
    Other
    $47,017
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $282,303
    Bonus
    $0
    Other
    $45,791
    Deferred
    $41,490
    Nontaxable benefits
    $5,527
    Filer's total
    $375,111

  • GREGORY W SNEED

    VP ENROLLMENT MGMT

    Total calculated
    $368,725
    From this org
    $297,580
    From related orgs
    $0
    Other
    $71,145
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $274,589
    Bonus
    $0
    Other
    $22,991
    Deferred
    $37,884
    Nontaxable benefits
    $33,261
    Filer's total
    $368,725

  • JANINE WATKINS

    VP PEOPLE&CULTURE AND CHRO

    Total calculated
    $292,324
    From this org
    $235,593
    From related orgs
    $0
    Other
    $56,731
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $217,024
    Bonus
    $0
    Other
    $18,569
    Deferred
    $30,615
    Nontaxable benefits
    $26,116
    Filer's total
    $292,324

  • ANN TOWNSEND

    PROFESSOR

    Total calculated
    $332,704
    From this org
    $332,308
    From related orgs
    $0
    Other
    $396
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $332,308
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $396
    Filer's total
    $332,704

  • JOSHUA M BEITZEL

    MANAGING DIR., INVESTMENTS

    Total calculated
    $450,056
    From this org
    $325,383
    From related orgs
    $0
    Other
    $124,673
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $225,003
    Bonus
    $76,230
    Other
    $24,150
    Deferred
    $92,834
    Nontaxable benefits
    $31,839
    Filer's total
    $450,056

  • ALEX MILLER

    VP STUDENT LIFE

    Total calculated
    $311,524
    From this org
    $266,138
    From related orgs
    $0
    Other
    $45,386
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $249,500
    Bonus
    $0
    Other
    $16,638
    Deferred
    $32,029
    Nontaxable benefits
    $13,357
    Filer's total
    $311,524

  • JULIA CROSBY

    MANAGING DIR., INVESTMENTS

    Total calculated
    $736,009
    From this org
    $536,350
    From related orgs
    $0
    Other
    $199,659
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $379,893
    Bonus
    $133,333
    Other
    $23,124
    Deferred
    $174,823
    Nontaxable benefits
    $24,836
    Filer's total
    $736,009

  • ELIZABETH ECKHARDT

    VP UNIV.COMMUNICATIONS

    Total calculated
    $314,255
    From this org
    $251,140
    From related orgs
    $0
    Other
    $63,115
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $238,971
    Bonus
    $0
    Other
    $12,169
    Deferred
    $30,735
    Nontaxable benefits
    $32,380
    Filer's total
    $314,255

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 1a · First-class or charter travel
  • 1a · Housing allowance or residence for personal use
  • 1a · Personal services (maid, chauffeur, chef)
  • 1b · Written policy on the line-1a expenses
  • 2 · Substantiation required before reimbursing expenses
  • 3 · Compensation committee
  • 3 · Independent compensation consultant
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 4b · Supplemental nonqualified retirement plan
  • 7 · Other non-fixed payments

Answered no

  • 4a · Severance or change-of-control payment
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 1A
BENEFITS PROVIDED TO CERTAIN OFFICERS - DENISON UNIVERSITY PROVIDES THE FOLLOWING BENEFITS TO CERTAIN EMPLOYEES: HOUSING: THE PRESIDENT AND THE VP OF STUDENT LIFE LIVE IN UNIVERSITY-OWNED HOUSING. THIS HOUSING IS REQUIRED AS A CONDITION OF EMPLOYMENT FOR THESE EMPLOYEES AND THEREFORE IS NOT CONSIDERED TAXABLE COMPENSATION. PERSONAL SERVICES: THE UNIVERSITY PROVIDES CUSTODIAL SERVICES FOR THE UNIVERSITY-OWNED RESIDENCES OF THE PRESIDENT AND VP OF STUDENT LIFE. THESE SERVICES ARE NOT TREATED AS TAXABLE COMPENSATION TO THESE INDIVIDUALS. FIRST CLASS TRAVEL: THE PRESIDENT IS PERMITTED TO FLY FIRST CLASS ONLY WHEN NECESSARY. THE REASONS FOR THE DECISION FOR FIRST CLASS TRAVEL ARE DOCUMENTED AND SUPPORTED.
PART I, LINE 4B
SUPPLEMENTAL NONQUALIFIED DEFERRED COMPENSATION PLAN - THE UNIVERSITY OFFERS A SECTION 457(B) PLAN TO CERTAIN HIGHLY PAID EMPLOYEES. THIS PLAN ALLOWS A PARTICIPANT TO DEFER A PORTION OF THEIR COMPENSATION INTO THE PLAN. NONQUALIFIED DEFERRED COMPENSATION PLAN - THE UNIVERSITY'S PRESIDENT PARTICIPATES IN THE DENISON UNIVERSITY SUPPLEMENTAL RETIREMENT PLAN, WHICH WAS EFFECTIVE JULY 1, 2018 AND UPDATED JULY 1, 2022. THE PURPOSE OF THE PLAN IS TO PROVIDE DEFERRED COMPENSATION BENEFITS IF THE PRESIDENT MEETS CERTAIN PERFORMANCE GOALS SPECIFIED AND EVALUATED BY THE BOARD OF TRUSTEES WHO ARE INDEPENDENT OF HIM. THE NONVESTED AMOUNT ASSOCIATED WITH CALENDAR YEAR 2023 HAS BEEN ESTIMATED TO BE $300,000 AND IS INCLUDED IN COLUMN C OF PART II OF SCHEDULE J, AS REQUIRED BY THE INSTRUCTIONS FOR FORM 990 AND SCHEDULE J. THE PRESIDENT IS NOT VESTED IN THIS AMOUNT AND MAY NEVER RECEIVE THIS BENEFIT. FULL VESTING IN THE DEFERRED COMPENSATION PLAN WILL NOT OCCUR UNTIL JUNE 30, 2025. PARTIAL VESTING MAY OCCUR UPON THE OCCURRENCE OF CERTAIN EVENTS INCLUDING DISABILITY AND INVOLUNTARY TERMINATION OTHER THAN FOR CAUSE.
PART I, LINE 7
OTHER PAYMENTS PROVIDED TO CERTAIN EMPLOYEES - THE EMPLOYMENT CONTRACT FOR THE CHIEF INVESTMENT OFFICER (CIO), WHO IS DEEMED TO BE A KEY EMPLOYEE, CONTAINS INCENTIVE COMPENSATION PROVISIONS WHICH GRANT HER BONUSES FOR RETENTION AND PERFORMANCE. THE NON-FIXED AMOUNT OF $169,142 REPORTED IN SCHEDULE J, PART II, COLUMN B(II) INCLUDES PAYMENTS FROM AN INCENTIVE COMPENSATION PLAN WHICH AWARDED HER $118,800 FOR CALENDAR YEAR 2023 AND $50,342 (INCLUDING EARNINGS) FOR CALENDAR YEAR 2022 WHICH WAS PAID IN CALENDAR YEAR 2023. INCLUDED IN COLUMN C OF PART II OF PART II OF SCHEDULE J ARE ESTIMATED NONVESTED AMOUNTS ASSOCIATED WITH HER INCENTIVE PROGRAM THAT TOTAL $118,800. THE CIO MAY NEVER RECEIVE THESE BENEFITS DUE TO VESTING REQUIREMENTS. PARTIAL VESTING MAY OCCUR UPON HER DEATH, DISABILITY OR INVOLUNTARY TERMINATION OTHER THAN FOR CAUSE. THE PROVISIONS OF THE CIO'S EMPLOYMENT CONTRACT, INCLUDING CRITERIA FOR PERFORMANCE BONUSES, WERE NEGOTIATED AND DETERMINED BY PEOPLE WHO WERE INDEPENDENT OF HER. OTHER MEMBERS OF THE INVESTMENT OFFICE ALSO PARTICIPATE IN AN INCENTIVE COMPENSATION PLAN. THE PLAN AWARDED JOSHUA BEITZEL $76,230. THIS AMOUNT IS REPORTED IN SCHEDULE J, PART II, COLUMN B(II) AND INCLUDES A PAYMENT OF $62,500 FOR CALENDAR YEAR 2023 AND $13,730 (INCLUDING EARNINGS) FOR CALENDAR YEAR 2022 WHICH WAS PAID IN CALENDAR YEAR 2023. INCLUDED IN COLUMN C OF PART II OF SCHEDULE J ARE ESTIMATED NONVESTED AMOUNTS ASSOCIATED WITH THE INCENTIVE COMPENSATION PLAN THAT TOTAL $62,500. JULIA CROSBY WAS PAID PART OF A SIGNING BONUS IN CALENDAR YEAR 2023 OF $133,333, WHICH IS REPORTED IN COLUMN B(II) OF SCHEDULE J, PART II. THE REMAINDER OF THE SIGNING BONUS OF $133,334, WHICH IS PAYABLE PARTLY IN CALENDAR YEAR 2024 AND PARTLY IN CALENDAR 2025, IS INCLUDED IN COLUMN C OF SCHEDULE J, PART II.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

The 10 largest by cash amount. The API serves every itemized grant.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2023
Filed
28 April 2025
IRS schema version
2023v6.0
Source object
202541289349302734

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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