2026-07-16T14:46:03-05:00 2025-06-30 135565207 KPMG LLP 8350 BROAD STREET SUITE 900 MCLEAN VA 22102 990 2024-07-01 240772407 BUCKNELL UNIVERSITY BUCK 5705771138 1 DENT DRIVE FINANCE OFFICE LEWISBURG PA 17837 H DANIEL HUNGERFORD VP-FINANCE & ADMIN 5705771138 2026-07-16 1 0 AMANDA COON P01754645 7032868000 2026-07-15 2024 2025-03-06 01:10:19Z X JOHN C BRAVMAN 1 DENT DRIVE FINANCE OFFICE LEWISBURG PA 17837 981651420 0 X WWW.BUCKNELL.EDU X 1846 PA BUCKNELL IS A UNIQUE NATIONAL UNIVERSITY WHERE LIBERAL ARTS AND PROFESSIONAL PROGRAMS COMPLEMENT EACH OTHER. 35 34 3689 966 3336523 485175 39331786 65038820 292521056 308801345 84264266 36902139 7508864 9951116 423625972 420693420 91088857 97333868 0 0 173353915 188960635 170909 434823 15891841 119383880 127553902 383997561 414283228 39628411 6410192 1744423493 1865928948 281905040 289664962 1462518453 1576263986 X SEE SCHEDULE O 0 0 244940933 97049619 258058248 ACADEMIC AND EDUCATIONAL - THE EXPENSES OF INSTRUCTIONAL DEPARTMENTS AND PROGRAMS AND THE EXPENSES OF ACTIVITIES AND SERVICES THAT DIRECTLY SUPPORT INSTRUCTION. 56685723 3988019 STUDENT SERVICES - THE EXPENSES OF ACTIVITIES AND SERVICES THAT INDIRECTLY SUPPORT THE EDUCATIONAL PROGRAMS SUCH AS LIBRARY SERVICES AND ATHLETICS/RECREATION. 43470545 56490694 AUXILIARY ENTERPRISES - THE EXPENSES OF ROOM, BOARD, AND OTHER SERVICES PRIMARILY FOR THE UNIVERSITY'S STUDENTS. 4600306 284249 RESEARCH AND PUBLIC SERVICES - EXPENSES RELATED TO RESEARCH AND PUBLIC SERVICES CONDUCTED/PROVIDED BY STUDENTS, FACULTY, AND STAFF. 4600306 284249 349697507 1 1 0 1 0 0 0 1 0 1 1 1 0 0 1 1 0 1 1 1 1 1 1 1 0 0 0 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 1 0 0 0 1 1 1 1 0 1 4425 0 1 3689 1 1 1 1 SP FR 0 0 0 1 1 0 0 0 0 0 0 X 35 34 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 AL AZ CT HI KY MD MA MI MN MH NH NJ NY OH OR SC UT VA WA X H DANIEL HUNGERFORD 5705771138 217C MARTS HALL BUCKNELL UNIVERSITY LEWISBURG PA 17837 ALEXANDRA AHRENS JUNG TRUSTEE 1.00 X 0 0 0 ANNIE SEIBOLD DRAPEAU CHAIRMAN 3.00 X X 0 0 0 AUDRA M WILSON TRUSTEE 1.00 X 0 0 0 BRIDGET LACROIX LECKY TRUSTEE 1.00 X 0 0 0 CAROLYN NEELY AINSLIE TRUSTEE 1.00 X 0 0 0 CAROLYN SPEER MILES TRUSTEE 1.00 X 0 0 0 DAISY AUGER-DOMINGUEZ TRUSTEE 1.00 X 0 0 0 DAWN M BECKER SECRETARY 3.00 X X 0 0 0 DONALD N ISKEN TRUSTEE 1.00 X 0 0 0 ERIKA ND STANAT VICE CHAIR 3.00 X X 0 0 0 EUGENE A GORAB TRUSTEE 1.00 X 0 0 0 FRANK A DAVIS TRUSTEE 1.00 X 0 0 0 FRANK K SCHOENEMAN TRUSTEE 1.00 X 0 0 0 GARRY D THANIEL TRUSTEE 1.00 X 0 0 0 J FRANK BROWN TRUSTEE 1.00 X 0 0 0 JOHN BRAVMAN PRESIDENT 40.00 X X 814296 0 231477 JOHN T REYNOLDS TRUSTEE 1.00 X 0 0 0 JORDAN H LEISER TRUSTEE 1.00 X 0 0 0 KATHRYN BOSELLI VIZAS TRUSTEE 1.00 X 0 0 0 KECIA M THOMAS TRUSTEE 1.00 X 0 0 0 KEREN BERGMAN TRUSTEE 1.00 X 0 0 0 LANCE M FRITZ TRUSTEE 1.00 X 0 0 0 LAUREEN COSTA TRUSTEE 1.00 X 0 0 0 LAURIE E SCHMIDT TRUSTEE 1.00 X 0 0 0 LISA CADETTE DETWILER TRUSTEE 1.00 X 0 0 0 MAKOTO FUJIMURA TRUSTEE 1.00 X 0 0 0 MARTIN K GILLIARD TRUSTEE 1.00 X 0 0 0 MICHAEL DOMINGUEZ TRUSTEE 1.00 X 0 0 0 ROBERT J GILLIGAN TRUSTEE 1.00 X 0 0 0 SAMUEL C NANA-SINKAM ASST SECRETARY 3.00 X X 0 0 0 SCOTT A PERRICELLI VICE CHAIR 3.00 X X 0 0 0 SCOTT UEBELE TRUSTEE 1.00 X 0 0 0 STEVEN A KOHN TRUSTEE 1.00 X 0 0 0 SUNIL GULATI TRUSTEE 1.00 X 0 0 0 THOMAS BUCHHOLZ TRUSTEE 1.00 X 0 0 0 CAROL KENNEDY SECRETARY 40.00 X 176268 0 42661 CHRISTINA WALLACE INTERIM VP-COMM 40.00 X 95502 0 30224 ELIZABETH STEWART AVP-TREAS/CONTR 40.00 X 209371 0 36211 H DANIEL HUNGERFORD VP AND COO 40.00 X 146483 0 18317 HEATHER JOHNS VP-COMMUNICATION 40.00 X 283907 0 95951 JERMAINE TRUAX VP-ATHLETICS 40.00 X 293137 0 84109 KARIN RILLEY GENERAL COUNSEL 40.00 X 427003 0 64950 LISA KEEGAN VP-ENROLLMENT 40.00 X 410385 0 52423 MAUREEN MCGUINNESS VP-STDNT AFFAIR 40.00 X 0 0 0 MARGOT VIGEANT INTERIM PROVOST 40.00 X 315515 0 90884 NICOLE WHITEHEAD VP-TALENT & HR 40.00 X 428401 0 48218 PARAM BEDI VP-LIBRARY & IT 40.00 X 426656 0 71003 SCOTT ROSEVEAR VP-ADVANCEMENT 40.00 X 523058 0 60788 TIMOTHY PAVLECHKO VP-ATHLETICS 40.00 X 165431 0 31975 VERNESE EDGHILL-WALDEN VP-EQUITY & INC 40.00 X 248612 0 33468 WENDY STERNBERG PROVOST 40.00 X 240496 0 39636 BRAD PUTMAN DEAN-ENGINEERING 40.00 X 299496 0 48600 CINDY GUTHRIE INTERIM DEAN-MANAGEMENT 40.00 X 210709 0 23242 KARL VOSS DEAN-ARTS AND SCIENCES 40.00 X 269536 0 91625 MICHELLE ROEHM DEAN OF MANAGEMENT 40.00 X 230235 0 31891 TERESA MCKINNEY INTERIM-DEAN OF STUDENTS 40.00 X 200884 0 15175 ANKUR PAREEK PROFESSOR 40.00 X 255646 0 60463 DAVID CECCHINI COACH-FOOTBALL 40.00 X 240545 0 93363 JOE WILCK PROFESSOR 40.00 X 277470 0 63220 JOHN GIRFFIN COACH-M.BASKETBALL 40.00 X 295977 0 60484 WILLIAM ROBERT MEEK PROFESSOR 40.00 X 241656 0 57469 E MERMANN-JOZWIAK FORMER PROVOST 40.00 X 199206 0 31043 JEFF LOSS AVP-FACILITIES 40.00 X 203019 0 46736 JOSH GRILL AVP-UNIVERSITY ADVANCEMENT 40.00 X 201464 0 59955 KATHLEEN GRAHAM AVP-UNVIVERSITY ADVANCEMENT 40.00 X 221178 0 38819 ROBERT MIDKIFF FORMER VP-STRATEGY 40.00 X 254085 0 49581 ERIN JABLONSKI FMR INTERIM DEAN-ENGINEERING 40.00 X 191411 0 31768 RAQUEL ALEXANDER FORMER DEAN-MANAGEMENT 40.00 X 229381 0 103533 9226419 0 1939262 366 1 1 0 WOHLSEN CONSTRUCTION COMPANY PO BOX 4612 LANCASTER PA 17604 CONSTRUCTION 22610512 CHARTWELLS HIGHER EDUCATION 2400 YORKMONT ROAD CHARLOTTE NC 28217 FOOD MANAGEMENT 6606745 PARKHURST DINING SERVICE PO BOX 644091 PITTSBURGH PA 15264 FOOD MANAGEMENT 4857192 POOLE ANDERSON CONSTRUCTION LLC 2121 OLD GATESBURG RD STATE COLLEGE PA 16803 CONSTRUCTION 4549408 ZARTMAN CONSTRUCTION INC 3000 POINT TOWNSHIP DRIVE NORTHUMBERLAND PA 17857 CONSTRUCTION 4402964 103 5702938 59335882 4183072 65038820 TUITION & FEES 611710 258058248 258058248 RESIDENCE HALLS & DINI 611710 48323605 48323605 GOLF COURSE 713910 1144731 1144731 RELATED AUXILIARY SVCS 611710 756308 756308 SUMMER CONFERENCES 721000 518453 518453 308801345 18314139 1457839 16856300 1 0 1 1 1 579546000 560958000 18588000 18588000 18588000 OPERATIONS REVENUE 611710 5700889 5700889 ATHLETICS RELATED REVE 611710 3988019 3988019 SPONSORSHIP/ADVERTISIN 900099 215500 215500 46707 46707 9951115 420693420 316873776 3336523 35444301 234846 234846 82500133 82500133 14598889 14598889 9370293 4224543 5145750 2775555 1794938 268444 712173 127139117 106069930 13692075 7377112 10562685 8759250 1202360 601075 29995421 24173504 3736914 2085003 9117564 7361184 1226665 529715 558464 93698 458591 6175 328815 328815 7403 7403 434823 434823 11768135 11768135 29588264 25186895 3658349 743020 317047 181238 134978 831 11358959 10729918 249613 379428 6507363 5098177 654532 754654 2261355 1834382 25926 401047 9211157 7904322 415294 891541 5568164 3629520 1938644 28484965 27920432 564533 2911789 2763435 148354 REPAIR AND MAINTENANCE 14529554 13435597 858862 235095 MISCELLANEOUS 3044134 288629 2083512 671993 UTILITIES & FUEL 788115 729291 58824 REAL ESTATE TAXES 320219 177353 133534 9332 414283228 349697507 48693880 15891841 30084430 36008615 22391487 12754746 20792358 24305432 3951021 2566447 25505925 26103376 245138 333217 6278720 7199482 957249425 488718924 451215223 468530501 231741364 299376912 964395910 1002084600 -12178083 -13334380 1744423493 1865928948 117020524 114598465 3654247 6247205 155973459 163416720 433867 390531 4822943 5012041 281905040 289664962 X 619465901 652409038 843052552 923854948 1462518453 1576263986 1744423493 1865928948 6410192 92371354 14963987 X 0 1 X 1 1 1 X 39142250 59648416 36924156 39331786 65038820 240085428 39142250 59648416 36924156 39331786 65038820 240085428 40983230 199102198 3467146 11127837 18761365 7614010 16856300 57826658 394927 2570204 249421 5023256 1457839 9695647 2610261 6171606 6222132 7303840 9735615 32043454 339651187 1381083409 0.58620 0.59490 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 1 0 0 0 0 0 0 1 7403 7403 0 PART II-B, LINE 1: DURING THE YEAR ENDED JUNE 30, 2025, BUCKNELL UNIVERSITY PAID MEMBERSHIP DUES TO VARIOUS HIGHER EDUCATION AND PROFESSIONAL ORGANIZATIONS ON BEHALF OF THE UNIVERSITY AND SOME INDIVIDUAL EMPLOYEES. THESE ORGANIZATIONS MAY AS PART OF THEIR NORMAL BUSINESS PARTICIPATE IN LOBBYING EFFORTS ON BEHALF OF IT'S MEMBERS AS A WHOLE. A REVIEW OF MEMBERSHIP DUES PAYMENTS REVEALED TWO INVOICES THAT INDICATED A VALUE AS TO THE AMOUNT OF ANNUAL DUES THAT WERE USED FOR LOBBYING. UNIVERSITY FUNDS EXPENDED ON ALL MEMBERSHIPS AND DUES REPRESENT LESS THAN ONE-HALF OF 1% OF THE UNIVERSITY'S TOTAL EXPENSES. THESE MEMBERSHIPS PROVIDE VALUABLE RESOURCES TO THE UNIVERSITY. X X X 1 1167274976 34536954 123911082 17330584 33694475 11379970 1263317983 1088266963 22859349 113880041 17110543 33482725 7138109 1167274976 1070375305 17892326 57358735 17158795 33102765 7097843 1088266963 1105615507 51855585 -31451403 15600756 31623497 8420131 1070375305 844765606 27381046 283099051 15566244 32042558 2021394 1105615507 0.32950 0.36490 0.30570 1 0 5204386 5204386 712129672 302625623 409504049 188852621 135560355 53292266 51062746 50532946 529800 468530501 OTHER INVESTMENTS 164906 F PRIVATE EQUITY FUNDS 608854426 F COMMINGLED OR BANK CUSTODIAL FUNDS 260910285 F HEDGE FUNDS 122738284 F FUNDS HELD IN TRUST BY OTHERS 9416699 F 1002084600 FUNDS HELD FOR OTHERS 3046325 FUNDS HELD FOR STUDENT ORGANIZATIONS 1965714 ROUNDING 2 5012041 X PART X, LINE 2: THE UNIVERSITY RECORDS INCOME TAX LIABILITIES AND ASSETS USING A THRESHOLD OF MORE LIKELY THAN NOT FOR RECOGNITION AND DERECOGNITION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE UNIVERSITY DOES NOT BELIEVE THAT THERE ARE ANY UNRECOGNIZED TAX BENEFITS OR COSTS THAT SHOULD BE RECORDED IN THE FINANCIAL STATEMENTS. PART III, LINE 1A - F/S FOOTNOTE FOR ART, TREASURES, ETC. AS PERMITTED BY GENERALLY ACCEPTED ACCOUNTING PRINCIPLES, THE UNIVERSITY DOES NOT CAPITALIZE WORKS OF ART, HISTORICAL ARTIFACTS, AND COLLECTIBLES, WHICH ARE PRINCIPALLY ACQUIRED BY DONATION. PART III, LINE 4 - DESCRIPTION OF ORGANIZATION COLLECTIONS THE UNIVERSITY HAS OBTAINED CERTAIN ART WORK, RARE BOOKS, AND HISTORICAL ARTIFACTS THAT ARE HELD IN SAFEKEEPING AT THE UNIVERSITY'S LIBRARY AND ART GALLERY. THESE ITEMS ARE USED FOR EDUCATIONAL PURPOSES AS THE UNIVERSITY IS A PRIVATE INSTITUTION OF HIGHER EDUCATION. PART V, LINE 4 - INTENDED USES OF ENDOWMENT FUND THE UNIVERSITY'S ENDOWMENT FUND PROVIDES A RELATIVELY STABLE INVESTMENT INCOME STREAM TO THE UNIVERSITY'S OPERATIONS. AS NOTED IN SCHEDULE D, PART V, LINE 1(D), A SIGNIFICANT PORTION OF THAT INVESTMENT INCOME IS RESTRICTED BY ENDOWMENT DONORS FOR STUDENT SCHOLARSHIPS. THE REMAINING ENDOWMENT INVESTMENT INCOME PROVIDES ANNUAL SUPPORT TO VARIOUS PROGRAMS OF THE UNIVERSITY. PART X - FASB ASC 740 FOOTNOTE THE UNIVERSITY RECORDS INCOME TAX LIABILITIES AND ASSETS USING A THRESHOLD OF MORE LIKELY THAN NOT FOR RECOGNITION AND DERECOGNITION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE UNIVERSITY DOES NOT BELIEVE THAT THERE ARE ANY UNRECOGNIZED TAX BENEFITS OR COSTS THAT SHOULD BE RECORDED IN THE FINANCIAL STATEMENTS. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE UNIVERSITY'S RACIALLY NONDISCRIMINATORY POLICY IS AVAILABLE ON THE UNIVERSITY'S WEBSITE AND IS PRINTED IN UNIVERSITY PUBLICATIONS. SCHEDULE E, PART I, LINE 6 BUCKNELL UNIVERSITY RECEIVES RESEARCH GRANTS AND CONTRACTS FROM VARIOUS GOVERNMENTAL AGENCIES AS WELL AS FUNDS FOR STUDENT AID. 1 CENTRAL AMERICA SCHOLARSHIPS 407709 EAST ASIA AND THE PACIFIC SCHOLARSHIPS 4523289 EUROPE SCHOLARSHIPS 5036406 MIDDLE EAST/NORTH AFRICA SCHOLARSHIPS 319670 NORTH AMERICA SCHOLARSHIPS 445482 RUSSIA AND N. STATES SCHOLARSHIPS 211609 SOUTH AMERICA SCHOLARSHIPS 357562 SOUTH ASIA SCHOLARSHIPS 858846 SUB-SAHARAN AFRICA SCHOLARSHIPS 2388913 CENTRAL AMERICA PROGRAM SERVICES STUDY ABROAD PRG 68940 EAST ASIA AND THE PACIFIC PROGRAM SERVICES STUDY ABROAD PRG 801025 EUROPE PROGRAM SERVICES STUDY ABROAD PRG 2309134 SUB-SAHARAN AFRICA PROGRAM SERVICES STUDY ABROAD PRG 56175 CENTRAL AMERICA PROGRAM SERVICES ACADEMIC AND RELATED 7208 EAST ASIA AND THE PACIFIC PROGRAM SERVICES ACADEMIC AND RELATED 153507 EUROPE PROGRAM SERVICES ACADEMIC AND RELATED 294432 MIDDLE EAST/NORTH AFRICA PROGRAM SERVICES ACADEMIC AND RELATED 6382 NORTH AMERICA PROGRAM SERVICES ACADEMIC AND RELATED 54684 RUSSIA PROGRAM SERVICES ACADEMIC AND RELATED 709 SOUTH AMERICA PROGRAM SERVICES ACADEMIC AND RELATED 22153 SOUTH ASIA PROGRAM SERVICES ACADEMIC AND RELATED 13611 SUB-SAHARAN AFRICA PROGRAM SERVICES ACADEMIC AND RELATED 106483 CENTRAL AMERICA INVESTMENTS 144539926 EAST ASIA AND THE PACIFIC INVESTMENTS 1788706 EUROPE INVESTMENTS 69286532 0 0 0 0 0 0 12160573 221898520 234059093 SUB-SAH. AFRICA COLLAB. RESEARCH 49402 EFT 0 FMV SCHOLARSHIPS TO NON-US CITIZENS CENTRAL AMERICA 5 288948 SCHOLARSHIPS TO NON-US CITIZENS EAST ASIA/PACIFIC 71 3508480 SCHOLARSHIPS TO NON-US CITIZENS EUROPE 37 2390062 SCHOLARSHIPS TO NON-US CITIZENS MID EAST/NORTH AFRICA 6 271170 SCHOLARSHIPS TO NON-US CITIZENS NORTH AMERICA 8 445482 SCHOLARSHIPS TO NON-US CITIZENS RUSSIA/N. STATES 3 211609 SCHOLARSHIPS TO NON-US CITIZENS SOUTH AMERICA 5 167556 SCHOLARSHIPS TO NON-US CITIZENS SOUTH ASIA 12 858846 SCHOLARSHIPS TO NON-US CITIZENS SUB-SAHARAN AFRICA 31 2195751 SCHOLARSHIPS-BU STUDENTS ABROAD CENTRAL AMERICA 11 118761 SCHOLARSHIPS-BU STUDENTS ABROAD EAST ASIA/PACIFIC 46 1014809 SCHOLARSHIPS-BU STUDENTS ABROAD EUROPE 160 2646345 SCHOLARSHIPS-BU STUDENTS ABROAD MID EAST/NORTH AFRICA 1 48500 SCHOLARSHIPS-BU STUDENTS ABROAD SOUTH AMERICA 17 190006 SCHOLARSHIPS-BU STUDENTS ABROAD SUB-SAHARAN AFRICA 7 193162 1 0 1 1 1 0 PART I, LINE 2 - GRANTMAKERS EXPLANATION FOR MONITORING USE OF FUNDS OUTSID THE UNIVERSITY PROVIDES GRANTS IN THE FORM OF UNIVERSITY SCHOLARSHIP FOR CERTAIN NON-US CITIZENS ATTENDING THE UNIVERSITY. THESE SCHOLARSHIPS ARE POSTED DIRECTLY TO THE RECIPIENT'S UNIVERSITY BILLING ACCOUNT AND, THUS, REDUCE TUITION, ROOM AND/OR BOARD FEES BILLED TO THE RECIPIENT. THE UNIVERSITY ALSO PROVIDES GRANTS IN THE FORM OF UNIVERSITY SCHOLARSHIP FOR CERTAIN BUCKNELL UNIVERSITY STUDENTS TO STUDY ABROAD. THESE SCHOLARSHIPS ARE POSTED DIRECTLY TO THE RECIPIENT'S UNIVERSITY BILLING ACCOUNT AND, THUS, REDUCES TUITION, ROOM AND/OR BOARD FEES BILLED TO THE RECIPIENT. THE MAJORITY OF THESE SCHOLARSHIPS ARE NEED-BASED FINANCIAL AID. PART I, LINE 3F - METHOD OF ACCOUNTING ACCRUAL METHOD PART II, LINE 1 - METHOD OF ACCOUNTING ACCRUAL METHOD PART III, LINE 1 - METHOD OF ACCOUNTING ACCRUAL METHOD X X X X X X 1 SIMPSON SCARBOROUGH LLC 2000 DUKE STREET STE 300 ALEXANDRIA VA 22314 CAMPAIGN BRANDING 0 0 430323 0 430323 AL AK AZ AR CA CO CT FL GA HI IL KS KY LA ME MD MA MI MN MS MO NV NH NJ NM NY NC ND OH OK OR PA RI SC TN TX UT VA WA WV WY 1 GEISINGER CLINIC 100 NORTH ACADEMY AVENUE DANVILLE PA 17822 236291113 57034 0 COLLABORATIVE RESEARCH UNIVERSITY OF CALIFORNIA 900 UNIVERSITY AVE RIVERSIDE CA 92125 946006142 67531 0 COLLABORATIVE RESEARCH LAFAYETTE COLLEGE 730 HIGH STREET EASTON PA 18040 240795686 20609 0 COLLABORATIVE RESEARCH KENYON COLLEGE EATON CENTER GAMBIER OH 43022 314379507 48482 0 COLLABORATIVE RESEARCH UNIVERSITY OF COLORADO 1800 GRANT STREET SUITE 600 DENVER CO 90203 846000555 20264 0 COLLABORATIVE RESEARCH INDIANA UNIVERSITY 400 E 7TH ST POPLARS 501 BLOOMINGTON IN 47405 356001673 13979 0 COLLABORATIVE RESEARCH WESTERN PENNSYLVANIA CONSERVANCY 800 WATERFRONT DR PITTSBURGH PA 17604 251053485 6947 0 COLLABORATIVE RESEARCH 7 0 SCHOLARSHIPS TO ATTEND BU 2382 82500133 PART I, LINE 2: THE UNIVERSITY PROVIDES GRANTS IN THE FORM OF UNIVERSITY SCHOLARSHIPS FOR CERTAIN INDIVIDUALS ATTENDING THE UNIVERSITY. THESE SCHOLARSHIPS ARE POSTED DIRECTLY TO THE RECIPIENT'S UNIVERSITY BILLING ACCOUNT AND, THUS, REDUCES TUITION, ROOM AND/OR BOARD FEES BILLED TO THE RECIPIENT. THE MAJORITY OF THESE SCHOLARSHIPS ARE NEED-BASED FINANCIAL AID. X X X X X X 1 1 X X X X X 1 1 0 0 0 0 0 0 0 JOHN BRAVMAN PRESIDENT 789656 0 0 0 24640 0 134500 0 96977 0 1045773 0 0 0 SCOTT ROSEVEAR VP-ADVANCEMENT 411820 0 103500 0 7738 0 3331 0 57457 0 583846 0 0 0 PARAM BEDI VP-LIBRARY & IT 383377 0 42500 0 779 0 34500 0 36503 0 497659 0 0 0 KARIN RILLEY GENERAL COUNSEL 379403 0 46750 0 850 0 34500 0 30450 0 491953 0 0 0 NICOLE WHITEHEAD VP-TALENT & HR 324629 0 103500 0 272 0 32811 0 15407 0 476619 0 0 0 LISA KEEGAN VP-ENROLLMENT 370204 0 40000 0 181 0 31300 0 21123 0 462808 0 0 0 MARGOT VIGEANT INTERIM PROVOST 314738 0 0 0 777 0 31708 0 59176 0 406399 0 0 0 HEATHER JOHNS VP-COMMUNICATION 258423 0 25000 0 484 0 25842 0 70109 0 379858 0 0 0 JERMAINE TRUAX VP-ATHLETICS 292956 0 0 0 181 0 31108 0 53001 0 377246 0 0 0 KARL VOSS DEAN-ARTS AND SCIENCES 268401 0 0 0 1135 0 28072 0 63553 0 361161 0 0 0 JOHN GIRFFIN COACH-M.BASKETBALL 295742 0 0 0 235 0 29983 0 30501 0 356461 0 0 0 BRAD PUTMAN DEAN-ENGINEERING 299189 0 0 0 307 0 30547 0 18053 0 348096 0 0 0 JOE WILCK PROFESSOR 277289 0 0 0 181 0 25251 0 37969 0 340690 0 0 0 DAVID CECCHINI COACH-FOOTBALL 237296 0 0 0 3249 0 24134 0 69229 0 333908 0 0 0 RAQUEL ALEXANDER FORMER DEAN-MANAGEMENT 222468 0 0 0 6913 0 28905 0 74628 0 332914 0 0 0 ANKUR PAREEK PROFESSOR 255465 0 0 0 181 0 23701 0 36762 0 316109 0 0 0 ROBERT MIDKIFF FORMER VP-STRATEGY 252889 0 0 0 1196 0 26150 0 23431 0 303666 0 0 0 WILLIAM ROBERT MEEK PROFESSOR 240469 0 0 0 1187 0 20166 0 37303 0 299125 0 0 0 VERNESE EDGHILL-WALDEN VP-EQUITY & INC 247833 0 0 0 779 0 10632 0 22836 0 282080 0 0 0 WENDY STERNBERG PROVOST 240104 0 0 0 392 0 20215 0 19421 0 280132 0 0 0 MICHELLE ROEHM DEAN OF MANAGEMENT 188301 0 40000 0 1934 0 19026 0 12865 0 262126 0 0 0 JOSH GRILL AVP-UNIVERSITY ADVANCEMENT 193192 0 8000 0 272 0 21112 0 38843 0 261419 0 0 0 KATHLEEN GRAHAM AVP-UNVIVERSITY ADVANCEMENT 219551 0 0 0 1627 0 22818 0 16001 0 259997 0 0 0 JEFF LOSS AVP-FACILITIES 201823 0 0 0 1196 0 21249 0 25487 0 249755 0 0 0 ELIZABETH STEWART AVP-TREAS/CONTR 208175 0 0 0 1196 0 21547 0 14664 0 245582 0 0 0 CINDY GUTHRIE INTERIM DEAN-MANAGEMENT 209998 0 0 0 711 0 21177 0 2065 0 233951 0 0 0 E MERMANN-JOZWIAK FORMER PROVOST 198612 0 0 0 594 0 20204 0 10839 0 230249 0 0 0 ERIN JABLONSKI FMR INTERIM DEAN-ENGINEERING 182857 0 0 0 8554 0 17488 0 14280 0 223179 0 0 0 CAROL KENNEDY SECRETARY 175501 0 0 0 767 0 18763 0 23898 0 218929 0 0 0 TERESA MCKINNEY INTERIM-DEAN OF STUDENTS 181054 0 10000 0 9830 0 0 0 15175 0 216059 0 0 0 TIMOTHY PAVLECHKO VP-ATHLETICS 164652 0 0 0 779 0 17205 0 14770 0 197406 0 0 0 H DANIEL HUNGERFORD VP AND COO 115333 0 30000 0 1150 0 11850 0 6467 0 164800 0 0 0 PART 1, LINE 1A - RELEVANT INFORMATION REGARDING COMPENSATION BENEFITS FIRST CLASS OR CHARTER TRAVEL - THE PRESIDENT IS PERMITTED TO TRAVEL BY FIRST CLASS AIRFARE IN LIMITED CIRCUMSTANCES PER UNIVERSITY POLICY. FIRST CLASS TRAVEL COSTS ARE NOT CONSIDERED TAXABLE COMPENSATION. TRAVEL FOR COMPANIONS - TRAVEL COSTS OF COMPANIONS OF UNIVERSITY TRUSTEES, OFFICERS, AND KEY EMPLOYEES ARE REIMBURSED IN LIMITED CIRCUMSTANCES AND SUCH REIMBURSEMENT IS CONSIDERED TAXABLE INCOME TO THE TRUSTEE, OFFICER, OR KEY EMPLOYEE UNLESS THE COMPANION'S TRAVEL WOULD OTHERWISE BE CONSIDERED DEDUCTIBLE UNDER THE INTERNAL REVENUE CODE. ANY SUCH TAXABLE REIMBURSEMENTS TO COMPANIONS OF UNIVERSITY OFFICERS ARE INCLUDED IN SCHEDULE J, PART II, COLUMN (B)(III). 2 OFFICERS/KEY-EMPLOYEES RECEIVED THIS BENEFIT DURING THE CURRENT TAX YEAR. TAX INDEMNIFICATION & GROSS UP PAYMENTS - TAX GROSS-UP PAYMENTS, CONSIDERED TAXABLE COMPENSATION, WERE PROVIDED TO 7 OFFICERS AND/OR KEY EMPLOYEES LISTED IN PART II OF SCHEDULE J FOR YEARS OF SERVICE RECOGNITION AWARDS/GIFTS AND/OR SPECIAL PROJECT AWARDS. HOUSING ALLOWANCE OR RESIDENCE FOR PERSONAL USE - THE UNIVERSITY REQUIRES THE PRESIDENT AND PROVOST TO RESIDE IN SPECIFIC CAMPUS HOUSING. THE ESTIMATED FAIR RENTAL VALUE OF THE PERSONAL LIVING SPACE, INCLUDING UTILITIES, IS NOT CONSIDERED TAXABLE INCOME SINCE ON-CAMPUS RESIDENCY IS AN EMPLOYMENT REQUIREMENT IMPOSED BY THE UNIVERSITY. THE ESTIMATED FAIR VALUE IS INCLUDED IN SCHEDULE J. IN ADDITION, CERTAIN FACILITIES STAFF ARE RESPONSIBLE FOR THE MAINTENANCE OF THOSE BUILDINGS AND GROUNDS; WHILE OTHER STAFF ARE RESPONSIBLE FOR VARIOUS ACTIVITIES AND MEETINGS HOSTED AT THOSE PROPERTIES. NEITHER THE ALLOCABLE COSTS OF THOSE STAFF NOR INCIDENTAL PERSONAL BENEFIT OF HOSTED ACTIVITIES/MEETINGS ARE CONSIDERED TAXABLE COMPENSATION. HEALTH OR SOCIAL CLUB DUES OR INITIATION FEES - CERTAIN EMPLOYEES HAVE GOLF MEMBERSHIPS AT THE UNIVERSITY OWNED GOLF COURSE. THE VALUE OF THESE DUES ARE TAXED AND REPORTED ON SCHEDULE J, PART II, COLUMN B(III). IN ADDITION, THE UNIVERSITY PAYS MEMBERSHIP DUES AT CERTAIN PRIVATE ESTABLISHMENTS FOR THE PURPOSE OF HOLDING BUSINESS OR FUNDRAISING EVENTS. PERSONAL SERVICES - THE UNIVERSITY PAYS FOR CERTAIN PERSONAL FINANCIAL PLANNING FOR THE PRESIDENT AND INCLUDES THOSE AMOUNTS AS TAXABLE COMPENSATION. PART I, LINE 4 - RECEIVED SEVERANCE, SUPPLEMENTAL NQ RETIREMENT, EQUITY-BAS DEFERRED COMPENSATION (SCHEDULE J, COLUMN C) FOR JOHN C. BRAVMAN INCLUDES $100,000 OF 457(F) AMOUNTS EARNED IN CALENDAR YEAR 2024 BUT NOT YET VESTED. COMPENSATION FROM UNRELATED ORGANIZATIONS A SEPARATION AGREEMENT FOR OFFICER OCCURRED IN APRIL 2025. PAYMENTS OCCURRED IN AND WILL BE REPORTED ON THE 2025 FORM 990. A UCHEFFA 232228275 906459FU1 2015-06-29 24995531 ACQUISITION,CONSTRUCTION,RENOVATION 1 0 0 B UCHEFFA 232228275 2015-01-30 25000000 ACQUISITION,CONSTRUCTION,RENOVATION 0 0 0 C UCHEFFA 232228275 2022-01-19 29400000 REFUND 2020 TAXABLE BONDS 0 0 0 D UCHEFFA 232228275 906459GG1 2024-07-11 13134825 ACQUISITION,CONSTRUCTION,RENOVATION 0 0 0 A 5090000 16870000 24995531 105638 24889893 2017 0 0 1 1 B 2400000 25000000 167650 24832350 2016 0 0 1 1 C 3540000 29400000 2022 0 0 1 1 D 13134825 260003 12874822 2025 0 1 0 1 A 0 0 0 0 0 0 1 B 0 0 0 0 0 0 1 C 0 0 0 0 0 0 1 D 0 0 0 0 0 0 1 A 0 0 0 1 0 0 0 0 1 B 0 0 1 0 0 0 0 0 1 C 0 0 1 0 0 0 0 0 1 D 0 0 1 0 0 0 0 0 1 A 1 B 1 C 1 D 1 PART IV - COLUMN A 2(C) - PERTAINING TO PART I ISSUE B (CUSIP:906459FU1) REBATE REPORTS WERE ISSUED ON JULY 1, 2020 AND APRIL 2, 2025 A UCHEFFA 232228275 906459GQ9 2025-02-19 17475112 REFUND 2015B BONDS 0 0 0 A 17475112 297700 2025 1 0 1 1 A 0 0 0 0 0 0 1 A 0 0 1 0 0 0 0 0 1 A 1 WENDELIN WRIGHT SPOUSE-PRES. 194069 SALARY - PROFESSOR MECHANICAL ENGINEERING 0 ERIC KENNEDY SPOUSE-OFFICER 191340 SALARY - PROFESSOR MECHANICAL ENGINEERING 0 JASON FEINGOLD SPOUSE-OFFICER 125022 SALARY - SOFTWARE PROGRAMMER 0 STEVEN STUMBRIS SPOUSE-OFFICER 165453 SALARY - DIRECTOR BUSINESS DEVELOPMENT 0 JOHN KEEGAN SPOUSE-OFFICER 159683 SALARY - PRINCIPAN GIFT OFFICER 0 JANEEN PUTMAN SPOUSE-KEY EMPL 119201 SALARY - CENTER OPERATIONS DIRECTOR 0 BRANDON VOGEL SPOUSE-FMR KEYEM 170442 SALARY - PROFESSOR CHEMICAL ENGINEERING 0 X 5 0 X 96 4183072 X 1 0 X 1 0 X SUPPLIERS 26 0 X ATHLETIC EQUIP 1 0 0 1 0 PART I, LINE 33: AS PERMITTED UNDER ASC 958.605.25, WORKS OF ART, HISTORICAL TREASURES, AND SIMILAR ITEMS, THE UNIVERSITY DOES NOT CAPITALIZE ITS COLLECTIONS OF ARTWORK AND HISTORICAL COLLECTIONS FOR FINANCIAL STATEMENT PURPOSES. FURTHERMORE, CERTAIN DONATED GOODS INCIDENTAL TO UNIVERSITY OPERATIONS ARE ACKNOWLEDGED BY THE UNIVERSITY BUT NOT RECORDED IN REVENUES NOR EXPENSES FOR FINANCIAL STATEMENT PURPOSES. PART I THE UNIVERSITY IS REPORTING THE NUMBER OF CONTRIBUTIONS RECEIVED FOR ALL CATEGORIES. FORM 990, PART I, LINE 1 BUCKNELL IS A UNIQUE NATIONAL UNIVERSITY WHERE LIBERAL ARTS AND PROFESSIONAL PROGRAMS COMPLEMENT EACH OTHER. BUCKNELL EDUCATES STUDENTS FOR A LIFETIME OF CRITICAL THINKING AND STRONG LEADERSHIP CHARACTERIZED BY CONTINUED INTELLECTUAL EXPLORATION, CREATIVITY, AND IMAGINATION. A BUCKNELL EDUCATION ENABLES STUDENTS TO INTERACT DAILY WITH FACULTY WHO EXEMPLIFY A PASSION FOR LEARNING AND A DEDICATION TO TEACHING AND SCHOLARSHIP. BUCKNELL FOSTERS A RESIDENTIAL, CO-CURRICULAR ENVIRONMENT IN WHICH STUDENTS DEVELOP INTELLECTUAL MATURITY, PERSONAL CONVICTION AND STRENGTH OF CHARACTER, INFORMED BY A DEEP UNDERSTANDING OF DIFFERENT CULTURES AND DIVERSE PERSPECTIVES. BUCKNELL SEEKS TO EDUCATE OUR STUDENTS TO SERVE THE COMMON GOOD AND TO PROMOTE JUSTICE IN WAYS SENSITIVE TO THE MORAL AND ETHICAL DIMENSIONS OF LIFE. BUCKNELL'S RICH HISTORY AND HERITAGE WILL INFLUENCE ITS PLANNING FOR THE FUTURE. BUCKNELL'S POTENTIAL AS AN INSTITUTION OF HIGHER LEARNING EXTENDS BEYOND THAT OF A TRADITIONAL LIBERAL ARTS COLLEGE BY VIRTUE OF ITS LARGER SIZE AND EXPANSIVE PROGRAMS. THE UNIVERSITY'S BROADER SPECTRUM OF DISCIPLINES AND COURSES OF STUDY WITHIN A DIVERSE AND ACTIVE RESIDENTIAL CAMPUS COMMUNITY ENHANCE THE QUALITY OF ALL ASPECTS OF THE UNDERGRADUATE EXPERIENCE, BOTH IN AND OUT OF THE CLASSROOM. FORM 990, PART VI, SECTION A, LINE 2 THE FOLLOWING INDIVIDUALS HAVE BUSINESS RELATIONSHIPS WITH EACH OTHER BASED ON THEIR POSITIONS WITHIN THE UNIVERSITY'S RELATED ORGANIZATIONS. BUCKNELL UNIVERSITY: ELIZABETH D. STEWART AVP, TREASURER CONTROLLER/ASSISTANT SECRETARY; RONALD E. STAUFFER, II, EMPLOYEE; LORI WILSON, EMPLOYEE BUCKNELL REAL ESTATE: ELIZABETH D. STEWART, INTERIM PRESIDENT/VICE PRESIDENT, BOARD MEMBER; RONALD E. STAUFFER, II, BOARD MEMBER; LORI WILSON, SECRETARY/BOARD MEMBER BISON VENTURES: ELIZABETH D. STEWART, INTERIM PRESIDENT/VICE PRESIDENT, BOARD MEMBER; RONALD E. STAUFFER, II, SECRETARY/BOARD MEMBER FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS INTERNALLY PREPARED BY THE CONTROLLER'S OFFICE WITH INPUT FROM THE UNIVERSITY'S INVESTMENT OFFICE, UNIVERSITY ADVANCEMENT, THE OFFICE OF FINANCIAL AID, AND THE OFFICE OF GLOBAL AND OFF-CAMPUS EDUCATION. AN EXTERNAL REVIEW OF THE FORM 990 IS PERFORMED BY THE OUTSIDE TAX PREPARER. THE FINAL FORM 990 IS PROVIDED TO THE UNIVERSITY'S AUDIT, COMPLIANCE, AND RISK MANAGEMENT COMMITTEE FOR REVIEW. THE UNIVERSITY PROVIDES A COMPLETE COPY OF ITS FORM 990 ELECTRONICALLY TO ALL MEMBERS OF THE GOVERNING BODY BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C ALL TRUSTEES, OFFICERS AND KEY EMPLOYEES ARE REQUIRED TO COMPLETE AND SUBMIT AN ANNUAL CONFLICT OF INTEREST STATEMENT. ALL STATEMENTS ARE REVIEWED BY THE VP FOR FINANCE AND ADMINISTRATION DIVISION TO DETERMINE IF THE POSSIBLE CONFLICTS OF INTEREST NOTED ARE ACTUAL CONFLICTS AND WHAT ACTION SHOULD BE TAKEN INCLUDING PROHIBITING AN INDIVIDUAL FROM PARTICIPATING IN ANY DELIBERATIONS, DECISIONS OR TRANSACTIONS RELATED TO THE CONFLICT, AND WHETHER DISCLOSURES REGARDING THE CONFLICT SHOULD BE MADE IN FINANCIAL STATEMENTS OR OTHER DOCUMENTS. FORM 990, PART VI, SECTION B, LINE 15A THE PRESIDENT'S COMPENSATION WAS REVIEWED AND APPROVED BY THE EXECUTIVE RESOURCE COMMITTEE OF THE BOARD OF TRUSTEES. THE COMMITTEE USED VARIOUS SOURCES OF DATA, INCLUDING BUT NOT LIMITED TO, FINANCIAL AND LEGAL CONSULTANTS, OTHER ORGANIZATIONS' FORM 990S AND COMPENSATION SURVEYS. THERE IS A WRITTEN EMPLOYMENT CONTRACT IN PLACE WHICH IS SIGNED BY THE PRESIDENT AND THE CHAIRPERSON OF THE BOARD OF TRUSTEES. PART VI, 15B IN ADDITION, COMPENSATION OF CERTAIN OFFICERS AND KEY EMPLOYEES (THOSE EMPLOYEES REPORTING DIRECTLY TO THE PRESIDENT) ARE REVIEWED BY THE EXECUTIVE RESOURCE COMMITTEE AND APPROVED BY THE PRESIDENT OF THE UNIVERSITY. THE PRESIDENT AND COMMITTEE USED VARIOUS SOURCES OF DATA, INCLUDING BUT NOT LIMITED TO, OTHER ORGANIZATIONS' FORM 990S AND COMPENSATION SURVEYS. CONTEMPORANEOUS SUBSTANTIATION OF DELIBERATIONS ARE RECORDED AND KEPT. FORM 990, PART VI, SECTION C, LINE 19 THE UNIVERSITY HAS AUDITED FINANCIAL STATEMENTS AVAILABLE ON THE UNIVERSITY'S FINANCE OFFICE WEBSITE. BUCKNELL REAL ESTATE INC 701 MOORE AVENUE LEWISBURG PA 17837 273576298 REAL ESTATE PROPERTY MANAGEMENT PA 501(C)(2) BUCKNELL UNIVERSITY 1 BISON VENTURES INC 701 MOORE AVE LEWISBURG PA 17837 264730096 BOOKSTORE OPERATIONS PA BUCKNELL UNIVERSITY C -412301 -2895179 1.00000 1 CHARITABLE REMAIND TRUSTS (36) 1 DENT DR BUCKNELL UNIVERSITY LEWISBURG PA 17837 SUPPORT BUCKNELL UNIVERSITY PA N/A T 0 CHARITABLE LEAD TRUSTS (1) 1 DENT DR BUCKNELL UNIVERSITY LEWISBURG PA 17837 SUPPORT BUCKNELL UNIVERSITY PA N/A T 0 POOLED INCOME FUNDS (3) 1 DENT DR BUCKNELL UNIVERSITY LEWISBURG PA 17837 SUPPORT BUCKNELL UNIVERSITY PA N/A T 0 FUNDS HELD TRUST BY OTHERS (1) PO BOX 4655 ATLANTA GA 30302 SUPPORT BUCKNELL UNIVERSITY CO N/A T 0 FUNDS HELD TRUST BY OTHERS (1) 2951 CENTERVILLE ROAD WILMINGTON DE 19808 SUPPORT BUCKNELL UNIVERSITY DE N/A T 0 FUNDS HELD TRUST BY OTHERS (1) 1100 NORTH MARKET STREET WILMINGTON DE 19890 SUPPORT BUCKNELL UNIVERSITY NY N/A T 0 FUNDS HELD TRUST BY OTHERS (1) 625 S GARFIELD AVENUE TRAVERSE CITY MI 49685 SUPPORT BUCKNELL UNIVERSITY MI N/A T 0 FUNDS HELD TRUST BY OTHERS (1) 1712 GLENBROOK AVENUE LANCASTER PA 17603 SUPPORT BUCKNELL UNIVERSITY PA N/A T 0 FUNDS HELD TRUST BY OTHERS (1) 753 AMERIPRISE FINANCIAL CTR MINNEAPOLIS MN 55747 SUPPORT BUCKNELL UNIVERSITY MN N/A T 0 FUNDS HELD TRUST BY OTHERS (1) 18760 N PIMA ROAD SCOTTSDALE AZ 85255 SUPPORT BUCKNELL UNIVERSITY KS N/A T 0 1 0 0 0 0 0 0 0 1 0 1 1 0 0 0 0 1 0 0 BUCKNELL REAL ESTATE INC A 163519 ESTIMATED FMV BUCKNELL REAL ESTATE INC I 249062 ESTIMATED FMV BUCKNELL REAL ESTATE INC K 177000 ESTIMATED FMV BUCKNELL REAL ESTATE INC Q 67313 ESTIMATED FMV BISON VENTURES INC A 153544 ESTIMATED FMV BISON VENTURES INC L 135941 ESTIMATED FMV BISON VENTURES INC Q 261040 ESTIMATED FMV FORM 990, SCHEDULE R, PART V, 1(A) AS PART OF A NEW MARKETS TAX CREDIT PROJECT IN LEWISBURG, PA, BUCKNELL UNIVERSITY LOANED $12,022,694 IN DECEMBER 2010 TO AN ENTITY CONTROLLED BY WELLS FARGO COMMUNITY INVESTMENT HOLDINGS, LLC. THAT ENTITY THEN LOANED THE $12,022,694 (LOAN A) AND AN ADDITIONAL $4,167,306 (LOAN B) TO WELLS FARGO COMMUNITY DEVELOPMENT ENTERPRISES 7, LLC, WHICH IN TURN LOANED THOSE FUNDS TO BUCKNELL REAL ESTATE, INC. IN DECEMBER 2010. THE FUNDS WERE USED FOR THE ACQUISITION AND IMPROVEMENT OF CERTAIN PROPERTIES IN LEWISBURG, PA. DURING THE 2018 TAX YEAR, THE UNIVERSITY WOUND DOWN THE NEW MARKETS TAX CREDIT PROJECT RESULTING IN THE ENTIRE LOAN BECOMING THE RESPONSIBILITY OF BUCKNELL REAL ESTATE, INC. THE LOANS REQUIRE INTEREST PAYABLE QUARTERLY AT 1.01% WITH PRINCIPAL PAYMENTS BEGINNING APRIL 1, 2018 THROUGH JANUARY 1, 2046. INTEREST DUE TO BUCKNELL UNIVERSITY FROM THE CONTROLLED ENTITY RELATING TO THE LOAN WAS $163,519 FOR THE YEAR ENDED JUNE 30, 2025.