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Nonprofiteer
← DREXEL UNIVERSITY

Form 990 for tax year 2023

Filed by DREXEL UNIVERSITY.

Totals

Total revenue
$1,400,964,891
Total expenses
$1,453,206,532
Contributions and grants received
$211,975,029
Grants paid
$441,773,930
Program services expenses (Part IX)
$1,282,327,608
Management and general expenses
$153,411,972
Fundraising expenses
$17,466,952
Program service expenses (Part III)
$1,282,327,608

Program services were 88.2% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • JOHN A FRY

    PRESIDENT

    Total calculated
    $2,745,768
    From this org
    $2,694,118
    From related orgs
    $0
    Other
    $51,650
    Hours/week
    40 + 7 related

    Schedule J breakdown matched by us

    Base
    $931,226
    Bonus
    $1,000,000
    Other
    $762,892
    Deferred
    $36,300
    Nontaxable benefits
    $15,350
    Filer's total
    $2,745,768
  • ALFRED F ALTOMARI

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • CHRIS MCKENDRY ANDRADE

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • MICHAEL BARRY TO 524

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • JEFFREY A BEACHELL

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2 + 2 related
  • JAMES BEAN

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • SALLY J BELLET TO 524

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • GREGORY S BENTLEY

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • THOMAS E BERK

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • TED BRYCE

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • KAREN DOUGHERTY BUCHHOLZ

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • THOMAS A CARAMANICO

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • HONORABLE IDA K CHEN

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • KATHLEEN P CHIMICLES

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • K BLAIR CHRISTIE AS OF 524

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • DELLA CLARK

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • ABBIE DEAN

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2 + 2 related
  • NICHOLAS DEBENEDICTIS

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • AMISH DESAI

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • GERIANNE TRINGALI DIPIANO

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • DOMENIC M DIPIERO III

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • ANGELA DOWD-BURTON

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • THOMAS O FITZPATRICK ESQ

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • BRIAN R FORD

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • MICHAEL FORMAN

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • KENNETH FULMER

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • SEAN J GALLAGHER

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • DAVID R GELTZER

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • RICHARD A GREENAWALT

    CHAIR

    Total calculated
    $0
    Hours/week
    2
  • DAVID GRIFFITH

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2 + 2 related
  • MAURICIO GUTIERREZ

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • RICHARD A HAYNE

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    2
  • NINA HENDERSON

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    2
  • NICK HOWLEY AS OF 1223

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • CLIFFORD A HUDIS AS OF 524

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • RICHARD C ILL

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • PATRICIA H IMBESI

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • JOSEPH H JACOVINI ESQ

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • THOMAS R KLINE

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • CORINA LAM

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • J MICHAEL LAWRIE

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • THOMAS LEONARD

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • ALBERT LORD

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • JEFFREY LYASH JR

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • JERRY J MARTIN

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • MARK MCADOO

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • PATRICK MCGONIGAL

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • MATTHEW S NAYLOR

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • DENIS P O'BRIEN

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • KEVIN J O'HARA

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • RICHELLE P PARHAM

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    2
  • THOMAS M RAMPULLA

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • KATHLEEN REAPE AS OF 524

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • KATHLEEN REARDON

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • MARIA RENZ

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • LEVOYD ROBINSON

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • VIRGINIA S ROSE

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • STANLEY W SILVERMAN

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    2
  • JOSEPH P UJOBAI

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • CHARLES K VALUTAS

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • STEPHEN L WANNER AS OF 524

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • MICHAEL J WILLIAMS

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • HELEN Y BOWMAN

    EXECUTIVE VP/TREASURER/COO

    Total calculated
    $854,710
    From this org
    $724,556
    From related orgs
    $0
    Other
    $130,154
    Hours/week
    40 + 5 related

    Schedule J breakdown matched by us

    Base
    $724,556
    Bonus
    $0
    Other
    $0
    Deferred
    $111,300
    Nontaxable benefits
    $18,854
    Filer's total
    $854,710
  • DARIN PFEIFER

    SECRETARY

    Total calculated
    $214,197
    From this org
    $182,674
    From related orgs
    $0
    Other
    $31,523
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $182,674
    Bonus
    $0
    Other
    $0
    Deferred
    $17,034
    Nontaxable benefits
    $14,489
    Filer's total
    $214,197
  • CHARLES CAIRNS

    DEAN & SVP MED AFFAIRS COM

    Total calculated
    $943,894
    From this org
    $815,667
    From related orgs
    $0
    Other
    $128,227
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $815,667
    Bonus
    $0
    Other
    $0
    Deferred
    $111,300
    Nontaxable benefits
    $16,927
    Filer's total
    $943,894
  • PAUL JENSEN

    SVP & NINA HENDERSON PROVOST

    Total calculated
    $683,358
    From this org
    $652,428
    From related orgs
    $0
    Other
    $30,930
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $652,428
    Bonus
    $0
    Other
    $0
    Deferred
    $12,076
    Nontaxable benefits
    $18,854
    Filer's total
    $683,358
  • ELISABETH VAN BOCKSTAELE

    SVP GRAD, AND ONLINE ED.

    Total calculated
    $633,008
    From this org
    $532,001
    From related orgs
    $0
    Other
    $101,007
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $532,001
    Bonus
    $0
    Other
    $0
    Deferred
    $86,300
    Nontaxable benefits
    $14,707
    Filer's total
    $633,008
  • DAVID L UNRUH

    SVP INST ADVANCEMENT

    Total calculated
    $631,840
    From this org
    $526,686
    From related orgs
    $0
    Other
    $105,154
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $526,686
    Bonus
    $0
    Other
    $0
    Deferred
    $86,300
    Nontaxable benefits
    $18,854
    Filer's total
    $631,840
  • MICHAEL J EXLER ESQ

    SVP AND GENERAL COUNSEL

    Total calculated
    $624,359
    From this org
    $519,205
    From related orgs
    $0
    Other
    $105,154
    Hours/week
    40 + 2 related

    Schedule J breakdown matched by us

    Base
    $519,205
    Bonus
    $0
    Other
    $0
    Deferred
    $86,300
    Nontaxable benefits
    $18,854
    Filer's total
    $624,359
  • SUBIR SAHU

    SVP STUDENT SUCCESS

    Total calculated
    $586,055
    From this org
    $487,751
    From related orgs
    $0
    Other
    $98,304
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $487,751
    Bonus
    $0
    Other
    $0
    Deferred
    $79,700
    Nontaxable benefits
    $18,604
    Filer's total
    $586,055
  • MEGAN WEYLER

    SVP AND CHRO

    Total calculated
    $531,219
    From this org
    $443,985
    From related orgs
    $0
    Other
    $87,234
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $443,985
    Bonus
    $0
    Other
    $0
    Deferred
    $79,700
    Nontaxable benefits
    $7,534
    Filer's total
    $531,219
  • TRACEY POWELL

    SVP, UNIV MARKETING & COMM

    Total calculated
    $487,773
    From this org
    $432,869
    From related orgs
    $0
    Other
    $54,904
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $394,133
    Bonus
    $0
    Other
    $38,736
    Deferred
    $36,300
    Nontaxable benefits
    $18,604
    Filer's total
    $487,773
  • BRIAN T KEECH

    SVP GOV & COMMUNITY RELATIONS

    Total calculated
    $395,434
    From this org
    $340,280
    From related orgs
    $0
    Other
    $55,154
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $340,280
    Bonus
    $0
    Other
    $0
    Deferred
    $36,300
    Nontaxable benefits
    $18,854
    Filer's total
    $395,434
  • ALEISTER SAUNDERS

    EXEC VICE PROV, RES & INNOVATION

    Total calculated
    $385,762
    From this org
    $340,082
    From related orgs
    $0
    Other
    $45,680
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $340,082
    Bonus
    $0
    Other
    $0
    Deferred
    $26,826
    Nontaxable benefits
    $18,854
    Filer's total
    $385,762
  • CATHERINE ULOZAS

    SVP CHIEF INVESTMENT OFFICER

    Total calculated
    $388,610
    From this org
    $312,053
    From related orgs
    $0
    Other
    $76,557
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $312,053
    Bonus
    $0
    Other
    $0
    Deferred
    $67,433
    Nontaxable benefits
    $9,124
    Filer's total
    $388,610
  • EVELYN THIMBA TO 723

    SVP ENROLLMENT MANAGEMENT

    Total calculated
    $240,242
    From this org
    $207,969
    From related orgs
    $0
    Other
    $32,273
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $189,977
    Bonus
    $0
    Other
    $17,992
    Deferred
    $21,399
    Nontaxable benefits
    $10,874
    Filer's total
    $240,242
  • SHARON WALKER

    DEAN, COLLEGE OF ENGINEERING

    Total calculated
    $519,841
    From this org
    $471,287
    From related orgs
    $0
    Other
    $48,554
    Hours/week
    40 + 2 related

    Schedule J breakdown matched by us

    Base
    $471,287
    Bonus
    $0
    Other
    $0
    Deferred
    $29,700
    Nontaxable benefits
    $18,854
    Filer's total
    $519,841
  • PAUL BRANDT-RAUF

    DEAN, SCHOOL OF BIOMEDICAL

    Total calculated
    $515,690
    From this org
    $470,397
    From related orgs
    $0
    Other
    $45,293
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $470,397
    Bonus
    $0
    Other
    $0
    Deferred
    $36,300
    Nontaxable benefits
    $8,993
    Filer's total
    $515,690
  • ZACHARY SPIKER

    HEAD COACH, BASKETBALL

    Total calculated
    $515,387
    From this org
    $467,541
    From related orgs
    $0
    Other
    $47,846
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $467,242
    Bonus
    $0
    Other
    $299
    Deferred
    $29,700
    Nontaxable benefits
    $18,146
    Filer's total
    $515,387
  • DANIEL FILLER

    DEAN, KLINE SCHOOL OF LAW

    Total calculated
    $515,948
    From this org
    $467,208
    From related orgs
    $0
    Other
    $48,740
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $466,872
    Bonus
    $0
    Other
    $336
    Deferred
    $36,300
    Nontaxable benefits
    $12,440
    Filer's total
    $515,948
  • BRIAN WIGDAHL

    CHAIR, MICROBIOLOGY CONTROL

    Total calculated
    $499,625
    From this org
    $461,869
    From related orgs
    $0
    Other
    $37,756
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $441,319
    Bonus
    $20,550
    Other
    $0
    Deferred
    $36,300
    Nontaxable benefits
    $1,456
    Filer's total
    $499,625
  • DANIEL SCHIDLOW

    FORMER KEY EMPLOYEE

    Total calculated
    $358,887
    From this org
    $323,111
    From related orgs
    $0
    Other
    $35,776
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $311,111
    Bonus
    $12,000
    Other
    $0
    Deferred
    $34,320
    Nontaxable benefits
    $1,456
    Filer's total
    $358,887
  • NIKI GIANAKARIS

    FORMER KEY EMPLOYEE

    Total calculated
    $189,166
    From this org
    $164,986
    From related orgs
    $0
    Other
    $24,180
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $164,986
    Bonus
    $0
    Other
    $0
    Deferred
    $15,300
    Nontaxable benefits
    $8,880
    Filer's total
    $189,166
  • DAVID RUSENKO

    FORMER KEY EMPLOYEE

    Total calculated
    $142,295
    From this org
    $125,376
    From related orgs
    $0
    Other
    $16,919
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $109,510
    Bonus
    $0
    Other
    $15,866
    Deferred
    $12,100
    Nontaxable benefits
    $4,819
    Filer's total
    $142,295

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 · Travel for companions
  • 1a · Housing allowance or residence for personal use
  • 1a · Health or social club dues or initiation fees
  • 1a · Personal services (maid, chauffeur, chef)
  • 2 · Substantiation required before reimbursing expenses
  • 3 · Compensation committee
  • 3 · Independent compensation consultant
  • 3 · Form 990 of other organizations
  • 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

  • 1b · Written policy on the line-1a expenses
  • 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
UNIVERSITY 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 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 1B
HOUSING ALLOWANCE AND SOCIAL CLUB MEMBERSHIPS WERE APPROVED FOR THE PRESIDENT BY THE BOARD.
PART I, LINE 4B
THE UNIVERSITY PAID MR. FRY'S DEFERRED COMPENSATION OF $170,386, WHICH BEGAN EFFECTIVE JULY 31, 2021. MR. FRY HAD BEEN CREDITED $25,000 PER MONTH, BEGINNING JANUARY 31, 2023, AND ENDING JUNE 30, 2023, PROVIDED MR. FRY IS EMPLOYED BY THE UNIVERSITY ON THE LAST DAY OF THE MONTH. IN ADDITION, THE DEFERRED COMPENSATION WAS CREDITED WITH INTEREST EARNED MONTHLY. MR. FRY WAS VESTED IN THE MONTHLY CREDITS AND EARNINGS IN THE DEFERRED COMPENSATION ARRANGEMENT FROM JANUARY 31, 2023, THROUGH JUNE 30, 2023.
PART I, LINE 7
PRESIDENT 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.
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 $75,000 EACH JULY 1, BEGINNING WITH JULY 1, 2021, AND ENDING JULY 1, 2024, 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, 2024, (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 $50,000 EACH JULY 1, BEGINNING WITH JULY 1, 2021, AND ENDING JULY 1, 2024, 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, 2024, (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 $50,000 EACH JULY 1, BEGINNING WITH JULY 1, 2021, AND ENDING JULY 1, 2024, 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, 2024, (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 $50,000 EACH JULY 1, BEGINNING WITH JULY 1, 2021, AND ENDING JULY 1, 2024, 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, 2024, (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 $50,000 EACH JULY 1, BEGINNING WITH JULY 1, 2021, AND ENDING JULY 1, 2024, 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, 2024, (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 $50,000 EACH JULY 1, BEGINNING WITH JULY 1, 2021, AND ENDING JULY 1, 2024, 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, 2024, (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 $33,333 EACH JULY 1, BEGINNING WITH JULY 1, 2021, AND ENDING JULY 1, 2024, 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, 2024, (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.

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
15 May 2025
IRS schema version
2023v6.0
Source object
202511359349304681

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

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