2025-04-15T11:05:24-05:00 2024-05-31 PWC US TAX LLP 2001 MARKET ST SUITE 1800 PHILADELPHIA PA 19103 990 2023-06-01 231352688 VILLANOVA UNIVERSITY % NEIL J HORGAN VP FINANCE & C VILL 6105194535 800 LANCASTER AVENUE VILLANOVA PA 190851676 NEIL J HORGAN VP FOR FINANCE&CFO 6105194535 2025-04-15 true true ERICA R MCREYNOLDS P00977806 2673303000 2025-04-15 2023 2025-03-06 01:10:19Z PETER DONOHUE OSA 800 LANCASTER AVENUE VILLANOVA PA 190851676 1079123589 false 0928 X WWW.VILLANOVA.EDU X 1848 PA See Schedule O 38 36 7022 11172 9162945 0 100826398 122121802 616825668 646665027 39382484 74106350 24775342 33692584 781809892 876585763 187403760 196441760 0 0 352976798 384791744 274712 571221 20898434 186680651 210404304 727335921 792209029 54473971 84376734 2319330082 2715848538 336094643 562080503 1983235439 2153768035 X VILLANOVA UNIVERSITY IS A CATHOLIC AUGUSTINIAN COMMUNITY OF HIGHER EDUCATION, COMMITTED TO EXCELLENCE AND DISTINCTION IN THE DISCOVERY, DISSEMINATION AND APPLICATION OF KNOWLEDGE. INSPIRED BY THE LIFE AND TEACHING OF JESUS CHRIST, THE UNIVERSITY IS GROUNDED IN THE WISDOM OF THE CATHOLIC INTELLECTUAL TRADITION AND ADVANCES A DEEPER UNDERSTANDING OF THE RELATIONSHIP BETWEEN FAITH AND REASON. VILLANOVA EMPHASIZES AND CELEBRATES THE LIBERAL ARTS AND SCIENCES AS FOUNDATIONAL TO ALL ACADEMIC PROGRAMS. THE UNIVERSITY COMMUNITY WELCOMES AND RESPECTS MEMBERS OF ALL FAITHS WHO SEEK TO NURTURE A CONCERN FOR THE COMMON GOOD AND WHO SHARE AN ENTHUSIASM FOR THE CHALLENGE OF RESPONSIBLE AND PRODUCTIVE CITIZENSHIP IN ORDER TO BUILD A JUST AND PEACEFUL WORLD. false false 209724943 0 518752807 INSTRUCTION: IN THE FALL SEMESTER OF 2024, THE UNIVERSITY HAD ENROLLED 6,819 FULL-TIME EQUIVALENT UNDERGRADUATE STUDENTS AND 2,369 FULL-TIME EQUIVALENT GRADUATE STUDENTS IN A VARIETY OF PROGRAMS. 177323999 177323999 0 SCHOLARSHIP AND FELLOWSHIPS: A SIGNIFICANT AMOUNT OF FINANCIAL ASSISTANCE IS PROVIDED TO ENABLE QUALIFIED STUDENTS TO STUDY AT THE UNIVERSITY. A TOTAL OF 4,732 STUDENTS RECEIVED FINANCIAL ASSISTANCE FROM THE UNIVERSITY DURING FISCAL YEAR 2024. 93995979 186655 118141210 AUXILIARY SERVICES: VARIOUS GOODS AND SERVICES ARE PROVIDED FOR THE BENEFIT OF STUDENTS, FACULTY, AND STAFF. THE PRIMARY CATEGORIES INCLUDED ROOMS TO MORE THAN 5,000 STUDENTS ENROLLED DURING THE FALL AND SPRING SEMESTERS, MEALS, BOOKSTORE, CONFERENCE SERVICES, AND OTHER RELATED ACTIVITIES. 246200932 18931106 34028645 727245853 true true false true false false false true false true true true false true true false false true true true true true true true true false false true true true true false false false false false false false false true false true true false false true true true true false false true 739 0 true 7022 true true true false false false false true true false false false false true false X 38 36 true false false false false false false true true false false true true true true true true true true false AK CO KY MD MA MI NH NY OH OK OR PA WA X NEIL J HORGAN VP FINANCE C 6105194535 800 LANCASTER AVE VILLANOVA PA 190851676 X MR KYLE A NEPTUNE COACH, MEN'S BASKETBALL 35.0 0.0 X 1736558 0 135060 PATRICK G MAGGITTI PHD PROVOST 35.0 0.0 X 877706 0 410936 MR MARK W JACKSON VP & DIRECTOR OF ATHLETICS 35.0 0.0 X 999445 0 169303 MR JEROLD T WRIGHT ASSISTANT TO THE PRESIDENT 35.0 0.0 X 997961 0 49350 MR SHANE P MCANDREW CHIEF INVESTMENT OFFICER 35.0 0.0 X 709568 0 235060 E MICHAEL ZUBEY JR JD VP & GENERAL COUNSEL 35.0 0.0 X 679143 0 168279 MR ROGER DEMARESKI EXEC VP ADMIN & OPERATIONS 35.0 0.0 X 729478 0 114400 MARK C ALEXANDER JD DEAN/PROF, SCHOOL OF LAW 35.0 0.0 X 595722 0 94399 MR NEIL J HORGAN VP FOR FINANCE & CFO 35.0 0.0 X 493241 0 177049 MS DENISE E DILLON COACH, WOMEN'S BASKETBALL 35.0 0.0 X 561806 0 36642 KEVIN D CLARK PHD PROFESSOR 35.0 0.0 X 506149 0 54026 JEREMY KEES PHD PROFESSOR 35.0 0.0 X 472229 0 55089 MR KEVIN NOLLER VP, UNIVERSITY ADVANCEMENT 35.0 0.0 X 455480 0 50041 MICHELE MARCOLONGO PHD DEAN, COLLEGE OF ENGINEERING 35.0 0.0 X 460902 0 44399 ADELE LINDENMEYR PHD DEAN, COLLEGE LIBERAL A&S 35.0 0.0 X 461769 0 40097 DONNA S HAVENS PHD RN FAAN DEAN/PROF, COLLEGE OF NURSING 35.0 0.0 X 419800 0 34428 MR RAYMOND D DUFFY VP, HR & AFF ACTION OFFICER 35.0 0.0 X 389627 0 54785 JOYCE E RUSSELL PHD PROFESSOR 35.0 0.0 X 411268 0 27252 WEN MAO PHD DEAN, SCHOOL OF BUSINESS 35.0 0.0 X 387638 0 40805 MR ROBERT H MORRO VP, FACILITIES MANAGEMENT 35.0 0.0 X 365059 0 32523 MS ANN E DIEBOLD VP, UNIVERSITY COMMUNICATIONS 35.0 0.0 X 334258 0 40010 CRAIG M WHEELAND PHD SR VICE PROVOST, ACADEMICS 35.0 0.0 X 319250 0 54735 MR J LEON WASHINGTON DEAN, ENROLLMENT MANAGEMENT 35.0 0.0 X 345926 0 27453 KATHLEEN J BYRNES JD VP, STUDENT LIFE 35.0 0.0 X 325870 0 32863 RANDY D WEINSTEIN PHD VP, TEACHING & LEARNING 35.0 0.0 X 319125 0 39254 MR MICHAEL J O'NEILL SR VP, UNIV ADVANCEMENT 35.0 0.0 X 288081 0 63806 CHRISTINE K PALUS PHD DEAN, COLLEGE OF PROF STUDIES 35.0 0.0 X 320342 0 30754 TERESA A NANCE PHD VP, DVSTY/INCLSN AND CDO 35.0 0.0 X 262298 0 38627 MR ANTHONY N ALFANO ASSOC VP, AUXILIARY SERVICES 35.0 0.0 X 255264 0 42423 MS KELLY P DONEY VP TECH & CHIEF INFO OFFICER 35.0 0.0 X 226455 0 23742 REV PETER M DONOHUE OSA PRESIDENT/TRUSTEE 35.0 0.0 X X 0 0 0 MR GEORGE W COLEMAN TRUSTEE AS REQUIRED 1.0 0.0 X 0 0 0 MR JOSEPH F DELANEY III TRUSTEE AS REQUIRED 1.0 0.0 X 0 0 0 MS SUSAN M DILORETO TRUSTEE AS REQUIRED 1.0 0.0 X 0 0 0 MS CHRISTINE A DORFLER TRUSTEE AS REQUIRED 1.0 0.0 X 0 0 0 REV FRANCIS J DOYLE OSA TRUSTEE AS REQUIRED 1.0 0.0 X 0 0 0 MS CAROLYN N EVERSON TRUSTEE AS REQUIRED 1.0 0.0 X 0 0 0 MR ENRICO S GAGLIOTI TRUSTEE AS REQUIRED 1.0 0.0 X 0 0 0 MR CHRISTOPHER T GHEYSENS TRUSTEE AS REQUIRED 1.0 0.0 X 0 0 0 REV ROBERT HAGAN OSA TRUSTEE AS REQUIRED 1.0 0.0 X 0 0 0 REV R JAMES HALSTEAD OSA PHD STD TRUSTEE AS REQUIRED 1.0 0.0 X 0 0 0 MR THOMAS J HOLT JR TRUSTEE AS REQUIRED 1.0 0.0 X 0 0 0 REV FRANCIS J HORN OSAJCD TRUSTEE AS REQUIRED 1.0 0.0 X 0 0 0 MR CHRISTOPHER HYZY TRUSTEE AS REQUIRED 1.0 0.0 X 0 0 0 MR TOM KLEIN TRUSTEE AS REQUIRED 1.0 0.0 X 0 0 0 MR MICHAEL R KOUREY TRUSTEE AS REQUIRED 1.0 0.0 X 0 0 0 MR RICHARD J KREIDER TRUSTEE AS REQUIRED 1.0 0.0 X 0 0 0 MS CHRISTINA LARSON KELLY TRUSTEE AS REQUIRED 1.0 0.0 X 0 0 0 MS NENNA J LYNCH TRUSTEE AS REQUIRED 1.0 0.0 X 0 0 0 MR CHRISTOPHER J MAGUIRE TRUSTEE AS REQUIRED 1.0 0.0 X 0 0 0 MR ALFONSO MARTINEZ-FONTS JR TRUSTEE AS REQUIRED 1.0 0.0 X 0 0 0 MS ELIZABETH T MAZZEO TRUSTEE AS REQUIRED 1.0 0.0 X 0 0 0 MR ARTHUR METZLER TRUSTEE AS REQUIRED 1.0 0.0 X 0 0 0 MR BOB F MORAN TRUSTEE AS REQUIRED 1.0 0.0 X 0 0 0 REV JOSEPH S MOSTARDI OSA TRUSTEE AS REQUIRED 1.0 0.0 X 0 0 0 REV KEVIN C MULLINS OSA TRUSTEE AS REQUIRED 1.0 0.0 X 0 0 0 MR DANIEL F O'DEA JR TRUSTEE AS REQUIRED 1.0 0.0 X 0 0 0 REV ANTHONY B PIZZO OSA TRUSTEE AS REQUIRED 1.0 0.0 X 0 0 0 MR THOMAS M QUINDLEN TRUSTEE AS REQUIRED 1.0 0.0 X 0 0 0 REV DONALD P REILLY OSA TRUSTEE AS REQUIRED 1.0 0.0 X 0 0 0 ANNE K ROBY PHD TRUSTEE AS REQUIRED 1.0 0.0 X 0 0 0 MS DIANE P ROWEN TRUSTEE AS REQUIRED 1.0 0.0 X 0 0 0 MS SIRAN H SAHAKIAN TRUSTEE AS REQUIRED 1.0 0.0 X 0 0 0 MS ERIN SCANLON TRUSTEE AS REQUIRED 1.0 0.0 X 0 0 0 MR THOMAS A WAGNER III TRUSTEE AS REQUIRED 1.0 0.0 X 0 0 0 MS SUSAN M WARD TRUSTEE AS REQUIRED 1.0 0.0 X 0 0 0 MS KATHERINE K WATERS TRUSTEE AS REQUIRED 1.0 0.0 X 0 0 0 DAVID S WILKES MD TRUSTEE AS REQUIRED 1.0 0.0 X 0 0 0 MS DARLA WOLFE TRUSTEE AS REQUIRED 1.0 0.0 X 0 0 0 REV KEVIN DEPRINZIO OSA PHD VP FOR MISSION & MINISTRY 35.0 0.0 X 0 0 0 14354978 0 2218238 779 true true false WOHLSEN CONSTRUCTION CO 1200 W SWEDESFORD RD 130 BERWYN PA 19312 CONSTRUCTION SVCS 44806589 GBUILD CONSTRUCTION MANAGERS 111 SUMMIT DR EXTON PA 19341 CONSTRUCTION SVCS 6997015 ROBERT A M STERN ARCHITECTS 1 PARK AVE NEW YORK NY 10016 ARCHITECTURE 3806137 GRACE CONSTRUCTION MGMT CO LLC 1530 GLEN AVE MOORESTOWN NJ 08057 CONSTRUCTION SVCS 3373858 A-1 CONSTRUCTION SPECIALITY INC 769 W MAIN ST COLLEGEVILLE PA 19426 CONSTRUCTION SVCS 3232651 142 105150 122206 15002125 106892321 18320711 122121802 TUITION & FEES 611310 535239000 535239000 SALES & SERVICES, AUXILIARY ENTERPRISES 721000 111426027 104875143 6550884 646665027 20580041 1054432 19525609 699809 699809 0 1090542 0 1090542 0 1090542 1090542 255242120 202415620 52826500 52826500 52826500 122206 122206 122206 0 0 0 0 0 0 0 EXTERNAL USE OF ATHLETIC FACILITIES 541800 24081316 22502024 1343398 235894 BELLE AIR YEARBOOK 721000 74048 62684 11364 ALL OTHER REVENUE 900099 8446678 8243811 202867 32602042 876585763 670922662 9162945 74378354 186655 186655 177323999 177323999 18931106 18931106 0 11070312 6143084 4404514 522714 648509 648509 292225190 274345392 6975278 10904520 20692493 19138132 775564 778797 40124564 36725193 1503886 1895485 20030676 18526029 750759 753888 2795377 2111598 683779 4905407 180505 4724902 315957 315957 260030 260030 571221 571221 14752030 14752030 182282 182282 5256861 5220241 24249 12371 10178480 9618286 560194 9119059 8982273 136786 0 8135170 7931790 122028 81352 22104148 21299278 71777 733093 0 554235 554235 6907662 6734970 103615 69077 0 42319674 41261682 634795 423197 4088884 578971 3509913 PURCHASED SERVICES 27440215 25950692 879670 609853 COSTS OF GOODS SOLD 15619019 15619019 0 0 LIBRARY BOOKS & SUBSCRIPTIONS 7554959 7554959 0 0 TRUSTEE OPERATING EXPENSES 27914855 21419225 3695240 2800390 792209029 727245853 44064742 20898434 X 135841 129212 145830535 132412841 94849123 107200953 10157147 15174324 0 0 0 0 0 0 565027 545851 7237202 8385670 1432754309 551231909 800660548 881522400 498615796 525436977 736165504 805149218 5560733 4762516 0 0 19552626 235128576 2319330082 2715848538 82870521 96040196 3751038 5781855 23244929 22603182 201820647 417726356 0 0 0 0 0 0 0 0 24407508 19928914 336094643 562080503 X 1039284439 1129082784 943951000 1024685251 1983235439 2153768035 2319330082 2715848538 X 84376734 89281629 924790 0 0 -4050557 X false true X true true true X 61531999 80996555 126688853 100826398 122121802 492165607 0 0 61531999 80996555 126688853 100826398 122121802 492165607 11863006 480302601 6240903 5669587 11809095 11823029 20675788 56218402 506454 312394 0 0 0 818848 22418093 10241752 22725847 22318967 31044413 108749072 657951929 2916531029 0.73000 0.71486 X PART II, LINE 10 OTHER INCOME INCLUDES AMOUNTS IN THE FORM 990, PART VIII, LINES 11A-11D FOR RELATED OR EXEMPT FUNCTION REVENUE. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false false false false false true 260030 false 260030 false PART II-B, LINE 1G IN FY 2024, VILLANOVA ENGAGED THREE FIRMS TO PROVIDE LOBBYING SERVICES. THESE SERVICES INCLUDED ADVISEMENT, REPRESENTATION AND ADVOCACY ON BEHALF OF VILLANOVA ON FEDERAL, STATE AND LOCAL LEVELS REGARDING STRATEGIC INITIATIVES. 0 1832297 X X X false 1194916000 37181000 147366000 13482062 38652938 14295000 1313033000 1165526000 52064000 31780000 12203806 33513194 8737000 1194916000 1122560000 36064000 53677000 10724595 27425405 8625000 1165526000 797015000 60066000 308505000 9446349 26080651 7499000 1122560000 743061000 35744000 57526000 8714767 23456233 7145000 797015000 0.36350 0.63650 0.00000 false false 24241833 24241833 1226083833 496454154 729629679 92539463 52836270 39703193 89889180 1941485 87947695 881522400 HEDGE FUNDS 446313377 F PRIVATE INVESTMENTS 348718809 F DEPOSITS WITH BOND TRUSTEES 10117032 F 805149218 CONSTRUCTION FUNDS 216736775 OPERATING LEASES - REAL ESTATE 16774138 CSV LIFE INSURANCE 3943265 OPERATING LEASES - EQUIPMENT 2060636 DIFFERENCE IN INVESTMENTS 501343 INTEREST RECEIVABLE 4044 LESS: ACCUM DEPR.(EQUIP LEASE) -982893 LESS: ACCUM. DEPR. (RE LEASE) -3908732 235128576 0 OPERATING LEASE LIABILITIES 14366196 REFUNDABLE GOVERNMENT LOANS 4233955 DEPOSITS BY STUDENTS 1328763 19928914 770665596 89281629 924790 -4050557 86155862 684509734 14752030 177323999 192076029 876585763 600133000 600133000 14752030 177323999 192076029 792209029 PART III, LINE 4 THE ART GALLERY HOLDS OVER SIX THOUSAND PIECES OF ARTWORK IN ITS COLLECTION. SUCH ARTWORK IS COMPRISED OF PAINTINGS, SCULPTURES, DRAWINGS, ENGRAVINGS, LITHOGRAPHS, WATERCOLORS, WOODCUTS, MIXED MEDIA, TEXTILES, AND CERAMICS. THE ARTWORK IS HELD ON THE UNIVERSITY'S PREMISES AND AT AN OUTSIDE ART FACILITY. ARTWORK IN THE COLLECTION IS DISPLAYED FOR PUBLIC VIEW AT VARIOUS LOCATIONS ON THE UNIVERSITY CAMPUS. EACH YEAR, THE ART GALLERY PRESENTS A NUMBER OF EXHIBITIONS OF ART BY EMERGING ARTISTS. FOR EACH EXHIBITION THERE IS A RECEPTION FOR THE ARTIST, ALL OF WHICH IS FREE OF CHARGE, AND THE PUBLIC IS INVITED. ALSO, EACH YEAR, THE ART GALLERY HAS HELD OUTREACH PROGRAMS AT WHICH ART EDUCATION IS PROVIDED TO DISADVANTAGED INDIVIDUALS. THE PROGRAMS ARE ALSO FREE OF CHARGE TO THE PARTICIPANTS. PART V, LINE 1F ADMINISTRATIVE FEES REPORTED REPRESENT COMPENSATION AND EXPENSES RELATED TO THE INTERNAL INVESTMENT OFFICE AND FEES PAID TO OUR EXTERNAL INVESTMENT MANAGERS, EXTERNAL INVESTMENT CONSULTANTS, AND OTHER THIRD-PARTY SERVICE PROVIDERS. PART V, LINE 4 THE INTENDED USE OF VILLANOVA UNIVERSITY'S ENDOWMENT FUNDS IS FOR FINANCIAL AID, SUPPORT FOR FACULTY SALARIES, AS WELL AS SUPPORT FOR OTHER SPECIFIC PROGRAMS DIRECTED BY DONORS. PART XI, LINE 2D LOSS ON DECOMMISSIONED FACILITIES $(4,050,557) PART XI, LINE 4B STUDENT FINANCIAL AID $177,323,999 PART XII, LINE 4B STUDENT FINANCIAL AID $177,323,999 true true false true true true true false false false false false false false false true false true PART I, LINE 3 VILLANOVA UNIVERSITY'S NON-DISCRIMINATION AND NON-HARASSMENT POLICY PROHIBITS, AMONG OTHER THINGS, DISCRIMINATION ON THE BASIS OF RACE AS TO STUDENTS. THE NON-DISCRIMINATION POLICY AND RELATED STATEMENTS ARE DISPLAYED IN MULTIPLE AREAS OF THE UNIVERSITY'S WEBSITE, INCLUDING, BUT NOT LIMITED TO, IN THE UNIVERSITY POLICY LIBRARY, THE HUMAN RESOURCES WEBSITE, VARIOUS COURSE CATALOGS, AND IN THE STUDENT HANDBOOK AND EMPLOYEE/FACULTY HANDBOOKS, ALL OF WHICH ARE PUBLICLY ACCESSIBLE ONLINE. VILLANOVA UNIVERSITY MEETS THE REQUIREMENTS OF SECTIONS 4.01 THROUGH 4.05 OF REV. PROC 75-50, COVERING RACIAL NON-DISCRIMINATION, BECAUSE IT DRAWS A SUBSTANTIAL PERCENTAGE OF ITS STUDENTS FROM AROUND THE U.S. AND WORLD, ENROLLS STUDENTS OF RACIAL MINORITY GROUPS IN MEANINGFUL NUMBERS AND FOLLOWS A RACIALLY NON-DISCRIMINATORY POLICY AS TO STUDENTS. PART I, LINE 6A THE UNIVERSITY RECEIVES FUNDS FROM VARIOUS FEDERAL AND STATE GOVERNMENT AGENCIES UNDER THEIR RESPECTIVE STUDENT FINANCIAL AID ASSISTANCE PROGRAMS. FEDERAL PROGRAMS INCLUDE THE PELL GRANT PROGRAM, SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANT PROGRAM, COLLEGE WORK STUDY PROGRAM, AND THE PERKINS AND NURSING LOAN PROGRAMS. THE STATE PROGRAM IS THE PENNSYLVANIA HIGHER EDUCATION ASSISTANCE PROGRAM FOR STUDENTS. IN ADDITION, THE UNIVERSITY IS AWARDED SPONSORED RESEARCH AND OTHER PROJECT GRANTS BY VARIOUS FEDERAL AGENCIES, INCLUDING NSF AND HHS. GENERAL SUPPORT IS PROVIDED TO THE UNIVERSITY FROM THE STATE OF PENNSYLVANIA UNDER ITS INSTITUTIONAL ASSISTANCE GRANT PROGRAM TO PRIVATE COLLEGES AND UNIVERSITIES IN THE STATE. true Central America and the Caribbean 0 32 Program Services MINISTRY SVCS, FIN AID 1148610 South Asia 0 1 Program Services FINANCIAL AID 62305 East Asia and the Pacific 0 118 Program Services FA, INTL STDY, MIN SVC 3464376 Europe (Including Iceland and Greenland) 0 198 Program Services FA, INTL STDY, RSRCH 9642123 Middle East and North Africa 0 32 Program Services FIN AID, INTL STUDY 544438 North America 0 31 Program Services MS, INTL STDY, RSEARCH 1155411 Russia and the Newly Independent States 0 12 Program Services FIN AID, RESEARCH 143129 South America 0 18 Program Services FIN AID, RESEARCH 473640 South Asia 0 49 Program Services FINANCIAL AID 1175690 Sub-Saharan Africa 0 53 Program Services FA, INTL STDY, RSEARCH 994701 Central America and the Caribbean 0 1 Fundraising 106052 Europe (Including Iceland and Greenland) 0 5 Fundraising 12488 North America 0 1 Fundraising 1891 South America 0 2 Fundraising 4872 Sub-Saharan Africa 0 1 Fundraising 1378 Central America and the Caribbean 0 0 Investments 259774387 East Asia and the Pacific 0 0 Investments 7478 Europe (Including Iceland and Greenland) 0 0 Investments 33325391 North America 0 0 Investments 365715 0 554 0 0 0 554 278712969 33691106 312404075 East Asia and the Pacific TUITION 57375 ACH N/A N/A East Asia and the Pacific TUITION 77290 ACH N/A N/A East Asia and the Pacific TUITION 37369 ACH N/A N/A East Asia and the Pacific TUITION 12000 WIRE N/A N/A East Asia and the Pacific TUITION 170364 WIRE N/A N/A East Asia and the Pacific TUITION 21136 ACH N/A N/A Europe (Including Iceland and Greenland) TUITION 382270 ACH N/A N/A Europe (Including Iceland and Greenland) TUITION 480875 ACH N/A N/A Europe (Including Iceland and Greenland) TUITION 117169 ACH N/A N/A Europe (Including Iceland and Greenland) TUITION 127200 ACH N/A N/A Europe (Including Iceland and Greenland) TUITION 106000 WIRE N/A N/A Europe (Including Iceland and Greenland) EXCURSION 99155 ACH N/A N/A Europe (Including Iceland and Greenland) EXCURSION 96336 ACH N/A N/A Europe (Including Iceland and Greenland) TUITION 1624844 ACH N/A N/A Europe (Including Iceland and Greenland) TUITION 1179689 ACH N/A N/A Europe (Including Iceland and Greenland) TUITION 112048 WIRE N/A N/A Europe (Including Iceland and Greenland) TUITION 33435 ACH N/A N/A Europe (Including Iceland and Greenland) TUITION 62819 ACH N/A N/A Europe (Including Iceland and Greenland) TUITION 19893 ACH N/A N/A Europe (Including Iceland and Greenland) TUITION 21232 ACH N/A N/A Europe (Including Iceland and Greenland) HOUSING 24497 PCARD N/A N/A Europe (Including Iceland and Greenland) MEALS 23377 WIRE N/A N/A Europe (Including Iceland and Greenland) TRANSPORTATION 14678 WIRE N/A N/A Europe (Including Iceland and Greenland) TRANSPORTATION 8336 WIRE N/A N/A Europe (Including Iceland and Greenland) TUITION 67187 WIRE N/A N/A Europe (Including Iceland and Greenland) HOUSING 23259 WIRE N/A N/A Europe (Including Iceland and Greenland) HOUSING 7352 WIRE N/A N/A Europe (Including Iceland and Greenland) HOUSING 5496 WIRE N/A N/A Middle East and North Africa TUITION 17861 ACH N/A N/A Sub-Saharan Africa TUITION 30420 ACH N/A N/A East Asia and the Pacific HOUSING/TUITION 30600 WIRE N/A N/A Europe (Including Iceland and Greenland) HOUSING/TUITION 114775 WIRE N/A N/A Europe (Including Iceland and Greenland) TUITION 9780 WIRE N/A N/A Europe (Including Iceland and Greenland) TUITION 24356 WIRE N/A N/A Europe (Including Iceland and Greenland) HOUSING 28915 WIRE N/A N/A Europe (Including Iceland and Greenland) HOUSING/TUITION 42646 WIRE N/A N/A Europe (Including Iceland and Greenland) TUITION 89719 WIRE N/A N/A Europe (Including Iceland and Greenland) HOUSING/TUITION 6270 ACH N/A N/A Europe (Including Iceland and Greenland) HOUSING 5139 WIRE N/A N/A Europe (Including Iceland and Greenland) HOUSING/TUITION 26569 WIRE N/A N/A Europe (Including Iceland and Greenland) HOUSING 11662 PCARD N/A N/A Europe (Including Iceland and Greenland) HOUSING 13200 WIRE N/A N/A Europe (Including Iceland and Greenland) ACADEMIC 5175 WIRE N/A N/A North America ACADEMIC/HOUSING 28665 ACH N/A N/A Central America and the Caribbean SUPPLIES/TRAVEL 10695 CASH N/A N/A North America HOUSING/TRAVEL 28192 CREDIT CARD N/A N/A Central America and the Caribbean TRAVEL 106052 CREDIT CARD N/A N/A Europe (Including Iceland and Greenland) TRAVEL 5093 CASH/CREDIT N/A N/A Europe (Including Iceland and Greenland) DUES/MEALS 7395 CREDIT CARD N/A N/A 49 FACULTY ADV/PER DIEM FOR PROGRAM EXP Europe (Including Iceland and Greenland) 1 6608 ACH N/A N/A FACULTY ADV/PER DIEM FOR PROGRAM EXP Europe (Including Iceland and Greenland) 1 20607 ACH N/A N/A FACULTY ADV/PER DIEM FOR PROGRAM EXP Europe (Including Iceland and Greenland) 1 12430 ACH N/A N/A ON-SITE INSTRUCTOR Europe (Including Iceland and Greenland) 1 58107 WIRE N/A N/A ON-SITE INSTRUCTOR Europe (Including Iceland and Greenland) 1 5623 WIRE N/A N/A ON-SITE INSTRUCTOR Europe (Including Iceland and Greenland) 1 6180 ACH N/A N/A FACULTY ADV/PER DIEM FOR PROGRAM EXP Europe (Including Iceland and Greenland) 1 9542 ACH N/A N/A ON-SITE INSTRUCTOR Europe (Including Iceland and Greenland) 1 6605 ACH N/A N/A FINANCIAL AID Central America and the Caribbean 32 1137915 DIRECT DEP N/A N/A FINANCIAL AID South Asia 1 62305 DIRECT DEP N/A N/A FINANCIAL AID East Asia and the Pacific 114 3045663 DIRECT DEP N/A N/A FINANCIAL AID Europe (Including Iceland and Greenland) 157 4305781 DIRECT DEP N/A N/A FINANCIAL AID Middle East and North Africa 32 526577 DIRECT DEP N/A N/A FINANCIAL AID North America 19 893375 DIRECT DEP N/A N/A FINANCIAL AID Russia and the Newly Independent States 10 141029 DIRECT DEP N/A N/A FINANCIAL AID South America 16 473030 DIRECT DEP N/A N/A FINANCIAL AID South Asia 49 1175690 DIRECT DEP N/A N/A FINANCIAL AID Sub-Saharan Africa 48 877335 DIRECT DEP N/A N/A RESEARCH Europe (Including Iceland and Greenland) 11 7571 PCARD N/A N/A RESEARCH North America 11 204666 PCARD N/A N/A RESEARCH Sub-Saharan Africa 5 86946 PCARD N/A N/A true false false true true false PART I, LINE 2 ANY GRANTS AWARDED TO ENTITIES OUTSIDE THE UNITED STATES WOULD BE BASED UPON THE IMPLEMENTATION OF A FUNDED RESEARCH PROPOSAL IN WHICH THE FOREIGN ENTITY WOULD PLAY A SPECIFIC ROLE IN EXECUTING THE FUNDED RESEARCH PROGRAM. ALL REPORTED COSTS ARE DOCUMENTED BY RECEIPT. VILLANOVA UNIVERSITY STUDENTS ARE BILLED BY THE UNIVERSITY FOR THE TOTAL COST OF VU TUITION FOR EACH SEMESTER OVERSEAS. NON-TUITION COSTS SUCH AS ROOM AND BOARD ARE NOT PAID TO VILLANOVA UNIVERSITY, BUT INSTEAD PAID TO THE OVERSEAS UNIVERSITY OR PROGRAM IN WHICH THEY ENROLL. IN MANAGING THE STUDENTS ELIGIBILTY FOR FINANCIAL ASSISTANCE, THE UNIVERSITY DETERMINES ELIGIBILITY FOR NEED-BASED AID ON THE BASIS OF CURRENT FEDERAL REGULATIONS. ONCE THE STUDENT'S ELIGIBILITY FOR AID IS DETERMINED, ALL AWARDS ARE CREDITED TO THE STUDENT'S VILLANOVA BILLING RECORD. ANY DOLLARS THAT ARE AWARDED IN EXCESS OF THE STUDENT'S BILLED EXPENSES, WHICH IS THE CASE WITH STUDENTS STUDYING ABROAD, ARE REFUNDED TO THE STUDENTS SO THAT THEY CAN BE USED TO PAY FOR ALL OTHER APPROVED EDUCATIONAL EXPENSES. THESE INCLUDE TRANSPORTATION, ROOM & BOARD, LIVING EXPENSES AND BOOKS AND SUPPLIES. IN ADDITION TO STUDYING OVERSEAS, VILLANOVA UNIVERSITY STUDENTS ALSO PARTICIPATE IN INTERNATIONAL PUBLIC SERVICE WORK. FUNDS USED FOR THIS PURPOSE ASSIST IN SENDING STUDENTS OVERSEAS AND PAY FOR THEIR TRAVEL, FOOD AND LODGING (IF APPLICABLE) WHILE THEY ARE THERE. PART II, LINE 1 VILLANOVA STUDENTS AND FACULTY TAKE PART IN OVERSEAS EDUCATION. SALARIES ARE PAID TO THE FACULTY WHILE ABROAD. TUITION PAID TO VILLANOVA UNIVERSITY PAYS FOR STUDENTS' TUITION AND LODGING WHILE OVERSEAS. X X X X X X X true COMMUNITY COUNSELING SVC CO 527 MADISON AVE FL 5 NEW YORK NY 10022 CONSULTING / PLANNING false 336079 -336079 TRUTH CONSEQUENCES LLC 230 N 2ND STREET 1A PHILADELPHIA PA 19106 CAPITAL CAMPAIGN false 235142 -235142 571221 -571221 AL AK AR CA CO CT FL GA HI IL KS KY LA ME MD MA MI MN MS MO NH NJ NY NC ND OH OK OR PA RI SC TN VA WA WV WI V FOR VINO 50165 27844 22321 22321 GOLF OUTING 43840 25959 17881 17881 4 104819 68403 36416 36416 198824 122206 76618 76618 76618 true CHILDRENS HOSPITAL OF PHILADELPHIA 3401 CIVIC CNTR BLVD PHILADELPHIA PA 19104 232237932 501(C)(3) 6447 SUPPORT AMERICAN CANCER SOCIETY 1818 MARKET ST PHILADELPHIA PA 19103 131788491 501(C)(3) 8568 SUPPORT AUGUSTINIAN PROVINCE OF SAINT THOMAS OF VILLANOVA 214 ASHWOOD RD VILLANOVA PA 19085 231600614 501(C)(3) 60000 SUPPORT GLIDE FUND INC PO BOX 74 BRYN MAWR PA 19010 922201369 501(C)(3) 10000 SUPPORT VALLEY YOUTH HOUSE 3400 HIGH POINT BLVD BETHLEHEM PA 18017 237178820 501(C)(3) 10000 SUPPORT POSSE FOUNDATION INC 14 WALL ST 8A NEW YORK NY 10005 133840394 501(C)(3) 21450 SUPPORT 6 0 FINANCIAL ASSISTANCE 4732 174335499 N/A N/A PART I, LINE 2 A STUDENT'S ELIGIBILITY FOR NEED-BASED FINANCIAL AID IS DETERMINED ON THE BASIS OF THEIR ANNUAL COST OF ATTENDANCE, WHICH IS CALCULATED IN ACCORDANCE WITH FEDERAL REGULATIONS, MINUS EXPECTED FAMILY CONTRIBUTION, WHICH IS DETERMINED IN ACCORDANCE WITH FEDERAL REGULATIONS AND UNIVERSITY STANDARDS. IN THE EVENT THAT TOTAL AID AWARDED EXCEEDS DIRECT COSTS (I.E., COSTS THAT ARE BILLED BY THE UNIVERSITY), THE EXCESS FUNDS ARE PROVIDED TO THE STUDENT AND ARE APPLICABLE TO EDUCATIONALLY-RELATED EXPENSES. THE UNIVERSITY DOES NOT REQUIRE THE STUDENT TO PROVIDE PROOF (E.G., RECEIPTS, CANCELLED CHECKS, ETC.) AS TO HOW THE FUNDS WERE USED. X X X true true X X X true false false false false false false false false MR KYLE A NEPTUNE COACH, MEN'S BASKETBALL 545567 0 0 0 1190991 0 128050 0 7010 0 1871618 0 100000 0 MR MARK W JACKSON VP & DIRECTOR OF ATHLETICS 899938 0 0 0 99507 0 121050 0 48253 0 1168748 0 88850 0 MR JEROLD T WRIGHT ASSISTANT TO THE PRESIDENT 990420 0 0 0 7541 0 33000 0 16350 0 1047311 0 0 0 PATRICK G MAGGITTI PHD PROVOST 776452 0 0 0 101254 0 332300 0 78636 0 1288642 0 88000 0 E MICHAEL ZUBEY JR JD VP & GENERAL COUNSEL 623343 0 0 0 55800 0 97463 0 70816 0 847422 0 55800 0 MR ROGER DEMARESKI EXEC VP ADMIN & OPERATIONS 660794 0 0 0 68684 0 98050 0 16350 0 843878 0 63600 0 MR SHANE P MCANDREW CHIEF INVESTMENT OFFICER 709568 0 0 0 0 0 228050 0 7010 0 944628 0 0 0 MARK C ALEXANDER JD DEAN/PROF, SCHOOL OF LAW 595722 0 0 0 0 0 78050 0 16349 0 690121 0 50000 0 MR NEIL J HORGAN VP FOR FINANCE & CFO 493241 0 0 0 0 0 33000 0 144049 0 670290 0 0 0 MS DENISE E DILLON COACH, WOMEN'S BASKETBALL 487522 0 57500 0 16784 0 28050 0 8592 0 598448 0 0 0 KEVIN D CLARK PHD PROFESSOR 343436 0 0 0 162713 0 31937 0 22089 0 560175 0 0 0 JEREMY KEES PHD PROFESSOR 329366 0 0 0 142863 0 33000 0 22089 0 527318 0 0 0 MR KEVIN NOLLER VP, UNIVERSITY ADVANCEMENT 448544 0 0 0 6936 0 27864 0 22177 0 505521 0 0 0 MICHELE MARCOLONGO PHD DEAN, COLLEGE OF ENGINEERING 460902 0 0 0 0 0 28050 0 16349 0 505301 0 0 0 ADELE LINDENMEYR PHD DEAN, COLLEGE LIBERAL A&S 461769 0 0 0 0 0 33000 0 7097 0 501866 0 0 0 DONNA S HAVENS PHD RN FAAN DEAN/PROF, COLLEGE OF NURSING 419800 0 0 0 0 0 27176 0 7252 0 454228 0 0 0 MR RAYMOND D DUFFY VP, HR & AFF ACTION OFFICER 389627 0 0 0 0 0 32546 0 22239 0 444412 0 0 0 JOYCE E RUSSELL PHD PROFESSOR 411268 0 0 0 0 0 11774 0 15478 0 438520 0 0 0 WEN MAO PHD DEAN, SCHOOL OF BUSINESS 387638 0 0 0 0 0 30417 0 10388 0 428443 0 0 0 MR ROBERT H MORRO VP, FACILITIES MANAGEMENT 365059 0 0 0 0 0 31793 0 730 0 397582 0 0 0 MS ANN E DIEBOLD VP, UNIVERSITY COMMUNICATIONS 334258 0 0 0 0 0 33000 0 7010 0 374268 0 0 0 CRAIG M WHEELAND PHD SR VICE PROVOST, ACADEMICS 319250 0 0 0 0 0 32646 0 22089 0 373985 0 0 0 MR J LEON WASHINGTON DEAN, ENROLLMENT MANAGEMENT 345926 0 0 0 0 0 26849 0 604 0 373379 0 0 0 RANDY D WEINSTEIN PHD VP, TEACHING & LEARNING 297870 0 0 0 21255 0 30002 0 9252 0 358379 0 0 0 MR MICHAEL J O'NEILL SR VP, UNIV ADVANCEMENT 0 0 0 0 288081 0 0 0 63806 0 351887 0 288081 0 CHRISTINE K PALUS PHD DEAN, COLLEGE OF PROF STUDIES 318342 0 0 0 2000 0 30754 0 0 0 351096 0 0 0 TERESA A NANCE PHD VP, DVSTY/INCLSN AND CDO 261898 0 0 0 400 0 26875 0 11752 0 300925 0 0 0 MR ANTHONY N ALFANO ASSOC VP, AUXILIARY SERVICES 255264 0 0 0 0 0 25880 0 16543 0 297687 0 0 0 MS KELLY P DONEY VP TECH & CHIEF INFO OFFICER 226455 0 0 0 0 0 19354 0 4388 0 250197 0 0 0 KATHLEEN J BYRNES JD VP, STUDENT LIFE 324620 0 0 0 1250 0 23879 0 8984 0 358733 0 0 0 PART I, LINE 1A VILLANOVA UNIVERSITY PROVIDES TRAVEL FOR COMPANION, FIRST CLASS TRAVEL AND SOCIAL CLUB DUES TO CERTAIN INDIVIDUALS LISTED ON SCHEDULE J. THE SOCIAL CLUB MEMBERSHIPS ARE INTENDED FOR BUSINESS USE. FIRST CLASS TRAVEL IS REVIEWED AND REIMBURSED ACCORDING TO THE ACCOUNTABLE PLAN RULES. TRAVEL FOR COMPANIONS WAS REVIEWED FOR BUSINESS PURPOSE AND REIMBURSED UNDER THE ACCOUNTABLE PLAN RULES. SCHEDULE J, PART I, LINE 4A A SEVERANCE PAYMENT WAS MADE TO MR. MICHAEL O'NEILL, IN THE AMOUNT OF $288,081. PART II COMPENSATION FOR KYLE A. NEPTUNE INCLUDES PAYMENTS FOR COACHING VILLANOVA'S BASKETBALL TEAM, WEEKLY RADIO APPEARANCES, AND TELEVISION APPEARANCES. A DELAWARE COUNTY AUTHORITY 231973437 246008NM4 2014-08-20 61045730 REFUNDING OF 2005 & 2006 SERIES false false false B DELAWARE COUNTY AUTHORITY 231973437 245913LV8 2015-10-01 151040738 LANCASTER AVENUE PROJECT false false false C DELAWARE COUNTY AUTHORITY 231973437 246008PG5 2016-09-27 56071278 REFUNDING OF 2010 SERIES false false false D PA ECONOMIC DVLP FINANCING AUTHORITY 383849352 70869PQC4 2024-04-04 236646179 NEW LIBRARY & CABRINI ACQUISITION false false false A 50062431 0 61045730 0 0 0 258100 0 0 0 60787630 0 2014 true false true true B 15201296 0 151040738 0 17247878 0 324930 0 0 133467930 0 0 2019 false false true true C 18257966 0 56071278 0 0 0 253450 0 0 0 55817828 0 2016 true false true true D 0 0 236646179 0 0 0 1811071 0 0 0 0 0 true false false true A false false true true false 0.00030 0.00000 0.00030 false false false true B false false true true false 0.00130 0.00000 0.00130 false false false true C false false true true true true 0.00040 0.00000 0.00040 false false false true D false false true true false 0.00000 0.00000 0.00000 false false false true A false true false false 0 false 0 false true B false true false false 0 false 0 false true C false true false false 0 false 0 false true D false true false false 0 false 0 false true A true B true C true D true PART V PROCEDURE TO TAKE CORRECTIVE ACTION PURPOSE: IT IS THE UNIVERSITY'S INTENT TO COMPLY WITH ALL POST ISSUANCE COMPLIANCE REQUIREMENTS. IN THIS REGARD, THE UNIVERSITY HAS ADOPTED ONGOING TRACKING AND MONITORING PROCEDURES TO ENSURE THAT ALL TAX EXEMPT BONDS REMAIN QUALIFIED AND ARE HELD IN COMPLIANCE WITH REGULATORY STANDARDS. SUCH MONITORING IS ALSO INTENDED TO ENSURE THAT ANY ACTUAL OR POTENTIAL VIOLATIONS OF FEDERAL TAX REQUIREMENTS CAN BE TIMELY IDENTIFIED AND CORRECTED VIA SELF-REMEDIATION OR THROUGH INTERNAL REVENUE SERVICE ("IRS") VOLUNTARY CLOSING AGREEMENT PROGRAM, IF SELF-REMEDIATION IS NOT AVAILABLE UNDER APPLICABLE IRS REGULATIONS. PROCEDURE: IF AT ANY TIME, THROUGH THE APPLICATION OF POST ISSUANCE COMPLIANCE POLICIES AND PROCEDURES, THE UNIVERSITY OFFICE OF FINANCIAL AFFAIRS IDENTIFIES THAT IT HAS FAILED TO COMPLY WITH ANY TAX-EXEMPT BOND REQUIREMENTS, THEY WILL CONSULT WITH INTERNAL AND/OR EXTERNAL COUNSEL AND ADVISORS TO FIRST DETERMINE WHETHER SELF-REMEDIATION IS AVAILABLE. IF SELF REMEDIATION IS NOT AVAILABLE, THEN A VOLUNTARY CLOSING AGREEMENT WILL BE PURSUED BY THE IRS. PART IV, LINE 2C THE REBATE COMPUTATION FOR BOND C WAS PERFORMED ON 11/15/2019. ANNE MINICOZZI FAMILY OF KEY EMPLOYEE 13110 SEE PART V false JANE WARD VOEGELE FAMILY OF TRUSTEE 102060 SEE PART V false JULIANA STUDER FAMILY OF AN OFFICER 73330 SEE PART V false MARYALICE MORRO FAMILY OF AN OFFICER 21375 SEE PART V false PART IV ANNE MINICOZZI, JANE WARD VOEGELE, JULIANA STUDER, AND MARYALICE MORRO ARE EMPLOYEES OF THE UNIVERSITY AND RECEIVE COMPENSATION. X 126 18241382 FAIR MARKET VALUE X 4 26329 FAIR MARKET VALUE X 1 38000 FAIR MARKET VALUE X EQUIPMENT 1 15000 FAIR MARKET VALUE 1 false true false PART I, COLUMN (B) THE AMOUNTS REPORTED IN PART I, COLUMN (B) REPRESENT THE NUMBER OF ITEMS CONTRIBUTED. FORM 990, PART I, LINE 6 THE TOTAL NUMBER OF VOLUNTEERS IS BASED UPON A REPORTED COUNT OF INDIVIDUALS (FACULTY, STAFF, STUDENTS, ALUMNI, AND OTHERS) WHO HAVE ACTIVELY PARTICIPATED IN ONE OR MORE PROJECTS THROUGHOUT THE FISCAL YEAR. IN WHICH CASE, EACH OF THEIR ACTIVITIES WOULD BE COUNTED SEPARATELY IN THE TOTAL REPORTED. FORM 990, PART III, LINE 4D OTHER PROGRAM SERVICES: OTHER PROGRAM SERVICES INCLUDE REVENUE AND EXPENDITURES FOR RESEARCH, ACADEMIC SUPPORT, STUDENT SERVICES (ATHLETICS, ADMISSIONS, REGISTRAR SERVICES, CAREER SERVICES, STUDENT ACTIVITIES, CAMPUS MINISTRY), INSTITUTIONAL SUPPORT, AND OPERATIONS AND MAINTENANCE OF PLANT. FORM 990, PART VI, LINE 2 BOB MORAN AND PATRICK MAGGITTI HAVE A BUSINESS RELATIONSHIP. FORM 990, PART VI, LINE 11B THE FORM 990 IS PREPARED INTERNALLY BY THE OFFICE OF FINANCIAL AFFAIRS. IT IS REVIEWED BY THE OFFICE OF THE VICE PRESIDENT AND GENERAL COUNSEL AND A NATIONALLY RECOGNIZED PUBLIC ACCOUNTING FIRM BEFORE BEING FILED. AFTER THE PUBLIC ACCOUNTING FIRM REVIEWS THE FORM, IT IS PROVIDED TO THE STEWARDSHIP COMMITTEE OF THE BOARD OF TRUSTEES AND TO THE FULL BOARD OF TRUSTEES SHORTLY BEFORE FILING. FORM 990, PART VI, LINE 12C THE BOARD OF TRUSTEES, IN COLLABORATION WITH THE OFFICE OF THE VICE PRESIDENT AND GENERAL COUNSEL (OVPGC), REGULARLY AND CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH THE UNIVERSITY'S CONFLICT OF INTEREST POLICY. IN ACCORDANCE WITH THE POLICY, THE OVPGC DISTRIBUTES THE POLICY AND CONFLICT OF INTEREST DISCLOSURE FORMS ANNUALLY TO TRUSTEES, OFFICERS, KEY EMPLOYEES, AND ANY OTHER INTERESTED PERSONS WHO ARE INSTRUCTED TO COMPLETE AND RETURN THE FORMS AND TO UPDATE THE FORMS DURING THE YEAR, AS NECESSARY. THE OVPGC SUMMARIZES ANY POTENTIAL CONFLICTS, FOR REVIEW BY THE TRUSTEE COMMITTEE, TO ENSURE COMPLIANCE WITH THE POLICY. THE TRUSTEE COMMITTEE DISCUSSES THE DISCLOSURES AT THE MEETING WHICH INCLUDES THE COMMITTEE MEMBERS AND THE OVPGC. THE UNIVERSITY'S EXTERNAL AUDITORS ALSO REVIEW A SAMPLE OF THE DISCLOSURE FORMS AS PART OF THEIR AUDIT PROCEDURES. FORM 990, PART VI, LINE 15 THE HUMAN RESOURCES OFFICE OBTAINS COMPARABILITY DATA FROM PROFESSIONAL ORGANIZATIONS FOR THE COMPENSATION OF THE OFFICERS AND KEY EMPLOYEES OF THE UNIVERSITY, INCLUDING THE AMOUNT THE UNIVERSITY REMITS TO THE ORDER OF ST. AUGUSTINE FOR SERVICES PROVIDED BY THE PRESIDENT AND OTHER OFFICERS WHO ARE MEMBERS OF THE ORDER. USING THIS COMPENSATION DATA AND ANNUAL PERFORMANCE ASSESSMENTS, THE PRESIDENT ANNUALLY DETERMINES PROPOSED SALARIES FOR ALL OFFICERS AND KEY EMPLOYEES. THE EXECUTIVE COMPENSATION COMMITTEE OF THE BOARD, AN INDEPENDENT COMMITTEE CONSISTING OF TRUSTEES ONLY, NONE OF WHOM ARE EMPLOYED BY THE UNIVERSITY, DETERMINES THE AMOUNT THE UNIVERSITY REMITS TO THE ORDER OF ST. AUGUSTINE FOR SERVICES PROVIDED BY THE PRESIDENT, BASED ON THE COMPARABILITY DATA PROVIDED BY THE HUMAN RESOURCES OFFICE AND ITS ASSESSMENT OF THE PRESIDENT'S PERFORMANCE. THE PRESIDENT DOES NOT PARTICIPATE IN THE APPROVAL OF HIS OWN SALARY. THE COMMITTEE ALSO REVIEWS AND APPROVES THE SALARIES PROPOSED BY THE PRESIDENT FOR THE OFFICERS AND KEY EMPLOYEES, AS WELL AS THE PAYMENTS TO THE ORDER OF ST. AUGUSTINE FOR OFFICERS WHO ARE MEMBERS OF THE ORDER. THE DECISIONS REACHED BY THE EXECUTIVE COMPENSATION COMMITTEE AT ITS ANNUAL MEETINGS ARE RECORDED IN A DOCUMENT APPROVED BY THE CHAIR OF THE COMMITTEE AT OR SHORTLY AFTER THE MEETING OF THE COMMITTEE. FORM 990, PART VI, LINE 19 VILLANOVA UNIVERSITY MAKES ITS FINANCIAL STATEMENTS AND CONFLICT OF INTEREST POLICY READILY AVAILABLE TO THE PUBLIC THROUGH THE UNIVERSITY'S WEBSITE. THE FORM 990 IS AVAILABLE TO THE PUBLIC UPON REQUEST. THE UNIVERSITY'S GOVERNING DOCUMENTS ARE NOT MADE PUBLICLY AVAILABLE. FORM 990, PART VII PAYMENT IS MADE DIRECTLY TO THE ORDER OF ST. AUGUSTINE FOR SERVICES PROVIDED BY AUGUSTINIANS AND AUGUSTINIAN OFFICERS OF VILLANOVA UNIVERSITY. THESE PAYMENTS, AGGREGATED, TOTAL $3,041,146. FORM 990, PART X CERTAIN PRIOR YEAR BALANCES HAVE BEEN RESTATED TO CONFORM TO THE CURRENT YEAR PRESENTATION. FORM 990, PART XI, LINE 9 LOSS ON DECOMMISSIONED FACILITIES ($4,050,557) TOTAL: ($4,050,557) ALDWYN LANE LLC 800 LANCASTER AVENUE VILLANOVA PA 19085 233101680 DORMANT PA NA THE ENLIGHTENED WORLD FOUNDATION 100 FOUR FALLS CORPORATE CTR W CONSHOHOCKEN PA 19428 232830237 FOUNDATION PA 501(c)(3) 509(A)(3) NA false ALDWYN LANE LP 800 LANCASTER AVE VILLANOVA PA 190851676 233101682 DORMANT PA NA RELATED false 0 true 0.99000 VILLANOVA PRIVATE ASSETS FUND LP 277 PARK AVE NEW YORK NY 10172 231352688 INVESTMENTS NY NA UNRELATED 7941794 43491178 false 0 true 0.98750 CHARITABLE REMAINDER TRUSTS (11) VARIOUS PA VILLANOVA UNIV false false true true false false false false false false false false false false false false false false false VILLANOVA PRIVATE ASSETS FUND LP B 1210873 FMV VILLANOVA PRIVATE ASSETS FUND LP C 13684769 FMV PART IV VILLANOVA UNIVERSITY MANAGES TWENTY-SIX CHARITABLE GIFT ANNUITIES, FOR WHICH WE HAVE A 50% OR GREATER INTEREST IN NINETEEN OF THEM. THE AGGREGATE MARKET VALUE IS $1,198,787. VILLANOVA UNIVERSITY IS THE TRUSTEE FOR ELEVEN CHARITABLE REMAINDER TRUSTS, FOR WHICH WE HAVE A 50% OR GREATER INTEREST IN EIGHT OF THEM. THE AGGREGATE MARKET VALUE IS $2,649,350.