2024-04-12T17:48:03-05:00 2023-05-31 PWC US TAX LLP 2001 MARKET ST SUITE 1800 PHILADELPHIA PA 19103 990 2022-06-01 231352688 VILLANOVA UNIVERSITY % NEIL J HORGAN VP FOR FIN & C VILL 6105194535 800 LANCASTER AVENUE VILLANOVA PA 190851676 NEIL HORGAN VP FOR FINANCE&CFO 6105194535 2024-04-10 true NEIL HORGAN 999009999 ERICA R MCREYNOLDS P00977806 2673303000 2024-04-05 2 2022 2023-04-26 12:10:37Z PETER DONOHUE OSA 800 LANCASTER AVENUE VILLANOVA PA 190851676 1064066967 false 0928 X WWW.VILLANOVA.EDU X 1848 PA See Schedule O 36 32 6706 11459 8788220 0 126688853 100826398 583037298 616825668 138086425 39382484 24458895 24775342 872271471 781809892 174061295 187403760 0 0 326258606 352976798 216473 274712 16502416 166415478 186680651 666951852 727335921 205319619 54473971 2287455797 2319330082 358644756 336094643 1928811041 1983235439 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 199999083 0 500371806 INSTRUCTION: IN THE FALL SEMESTER OF 2023, THE UNIVERSITY HAD ENROLLED 6,837 FULL-TIME EQUIVALENT UNDERGRADUATE STUDENTS AND 2,521 FULL-TIME EQUIVALENT GRADUATE STUDENTS IN A VARIETY OF PROGRAMS. 168459613 168459613 -167274 SCHOLARSHIP AND FELLOWSHIPS: A SIGNIFICANT AMOUNT OF FINANCIAL ASSISTANCE IS PROVIDED TO ENABLE QUALIFIED STUDENTS TO STUDY AT THE UNIVERSITY. A TOTAL OF 4,582 STUDENTS RECEIVED FINANCIAL ASSISTANCE FROM THE UNIVERSITY DURING FISCAL YEAR 2023. 88660540 6525682 28609919 STUDENT SERVICES: A NUMBER OF OFFICES EXIST TO PROVIDE SERVICES TO STUDENTS, BOTH FOR ACADEMIC AND PERSONAL NEEDS. THESE OFFICES INCLUDE, AMONG OTHERS, ATHLETICS, THE ADMISSIONS OFFICE, THE REGISTRAR'S OFFICE, CAREER SERVICES, STUDENT ACTIVITIES, AND CAMPUS MINISTRY. 72606299 12225681 916132 ACADEMIC SUPPORT 89544869 75194 106471020 AUXILLARY ENTERPRISES 52318315 80323 -3148412 INSTITUTIONAL SUPPORT 15021645 37267 0 RESEARCH 0 0 110592 O&M OF PLANT 229491128 12418465 104349332 686610364 true true false true false false false true false true true true false false 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 662 0 true 6706 true true true false false false false true true false false false false true false X 36 32 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 FOR FIN C 6105194535 800 LANCASTER AVE VILLANOVA PA 19085 X MR JEROLD T WRIGHT COACH, MEN'S BBALL (THRU 5/31) 35.0 0.0 X 3605595 0 45444 MR KYLE NEPTUNE COACH, MEN'S BBALL (AS OF 6/1) 35.0 0.0 X 1128905 0 125586 MR MARK W JACKSON VP & DIRECTOR OF ATHLETICS 35.0 0.0 X 970084 0 129719 PATRICK G MAGGITTI PHD PROVOST 35.0 0.0 X 823628 0 163828 MR ROGER DEMARESKI EXE VP, ADMIN & OPERATIONS 35.0 0.0 X 759463 0 103315 MR SHANE P MCANDREW CHIEF INVESTMENT OFFICER 35.0 0.0 X 625533 0 232386 MR MICHAEL J O'NEILL SR VP UNIVERSITY ADVANCEMENT 35.0 0.0 X 615073 0 125026 MARK C ALEXANDER JD DEAN, SCHOOL OF LAW 35.0 0.0 X 581012 0 90869 E MICHAEL ZUBEY JR JD VP & GENERAL COUNSEL 35.0 1.0 X 561375 0 88294 MR GEORGE F HALCOVAGE ASSOC HEAD COACH, MEN'S BBALL 35.0 0.0 X 570955 0 35627 KEVIN D CLARK PHD PROFESSOR 35.0 0.0 X 513899 0 48797 JOYCE E RUSSELL PHD DEAN, SCHOOL OF BUSINESS 35.0 0.0 X 503502 0 51524 MR NEIL J HORGAN VP FOR FINANCE & CFO 35.0 1.0 X 455011 0 97097 ADELE LINDENMEYR PHD DEAN, COLLEGE LIBERAL A&S 35.0 0.0 X 404210 0 36835 CRAIG M WHEELAND PHD VICE PROVOST FOR ACADEMICS 35.0 0.0 X 320514 0 111654 MICHELE MARCOLONGO PHD DEAN, COLLEGE OF ENGINEERING 35.0 0.0 X 386888 0 40869 DONNA S HAVENS PHD RN FAAN DEAN/PROF, COLLEGE OF NURSING 35.0 0.0 X 387787 0 31511 MS KELLY DONEY VP & CHIEF INFORMATION OFFICER 35.0 0.0 X 360609 0 32474 MR RAYMOND D DUFFY VP, HR & AFF ACTION OFFICER 35.0 0.0 X 331245 0 48695 MR LEON J WASHINGTON DEAN, ENROLLMENT MANAGEMENT 35.0 0.0 X 345177 0 25021 MR ROBERT H MORRO VP FOR FACILITIES MANAGEMENT 35.0 1.0 X 334257 0 29805 MS ANN DIEBOLD VP, UNIVERSITY COMMUNICATION 35.0 0.0 X 325865 0 36961 MS KATHLEEN BYRNES VP, STUDENT LIFE 35.0 0.0 X 318247 0 30509 MR KEVIN NOLLER VP, UNIVERSITY ADVANCEMENT 35.0 0.0 X 302428 0 46066 RANDY WEINSTEIN PHD VP TEACHING & LEARNING 35.0 0.0 X 305147 0 38162 MR KENNETH G VALOSKY UNIVERSITY AMBASSADOR 35.0 1.0 X 286373 0 41175 CHRISTINE K PALUS PHD DEAN, COLLEGE OF PROF STUDIES 35.0 0.0 X 285350 0 27499 MS TERESA A NANCE VP FOR DVSTY/INCLSN AND CDO 35.0 0.0 X 261217 0 36710 MR ANTHONY N ALFANO ASSOC VP, AUXILLARY SERVICES 35.0 0.0 X 243425 0 39900 REV PETER M DONOHUE OSA PRESIDENT/TRUSTEE 35.0 0.0 X X 0 0 0 MR JOSEPH P CAMPOLO TRUSTEE AS REQUIRED 1.0 0.0 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 REV JOSEPH GENITO OSA 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 MR JUSTIN G GMELICH TRUSTEE AS REQUIRED,CHAIR 1.0 0.0 X 0 0 0 REV PETER G GORI OSA JCD 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 JAMES R HALSTEAD OSA PHD 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 OSA JCD TRUSTEE AS 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87425958 12260482 100826398 TUITION & FEES 611310 511579220 511579220 SALES & SERVICES, AUXILIARY ENTERPRISES 721000 105246448 99265596 5980852 616825668 12174022 1451683 10722339 0 0 1100690 0 1100690 0 1100690 1100690 309300032 282091570 27208462 27208462 27208462 165505 245301 165505 0 0 0 0 0 0 BELLE AIR YEARBOOK 541800 9093 2888 6205 EXTERNAL USE OF ATHLETIC FACILITIES 721000 25232987 24033256 1199731 ALL OTHER REVENUE 900099 -1567428 -1717177 149749 23674652 781809892 633163783 8788220 39031491 75194 75194 168459613 168459613 18868953 18868953 0 11359307 6602941 4427019 329347 1095430 305441 158932 631057 265320591 248332202 8154246 8834143 18589385 17383454 547862 658069 38722941 37581707 1141234 17889144 16728638 527225 633281 3616545 2771206 845339 1245488 307322 938166 355228 355228 337711 337711 274712 274712 0 64687 64687 6163352 6159932 833 2587 9713336 9222706 490630 7878752 7762309 116443 0 10438526 10177563 156578 104385 20831030 19700350 490086 640594 0 579371 579371 6835141 6664263 102527 68351 0 40184802 39180182 602772 401848 3691731 471812 3219919 PURCHASED SERVICES 26974309 26017028 174987 782294 COSTS OF GOODS SOLD 14584262 14584262 0 0 LIBRARY BOOKS & SUBSCRIPTIONS 5630499 5630499 0 0 TRUSTEE OPERATING EXPENSES 27555881 22641018 2263745 2651118 727335921 686610364 24223141 16502416 X 146204 135841 188721964 145830535 78370574 94849123 9381831 10157147 0 0 0 0 5397402 4508767 650570 565027 3981474 7237202 1321056903 520396355 726396899 800660548 522242094 498615796 731001701 736165504 850872 1051966 0 0 20314212 19552626 2287455797 2319330082 85202747 82870521 3630039 3751038 24753259 23244929 219262477 201820647 0 0 0 0 0 0 0 0 25796234 24407508 358644756 336094643 X 1027838284 1039284439 900972757 943951000 1928811041 1983235439 2287455797 2319330082 X 54473971 -956634 0 0 0 907061 X false true X true true true X 58659188 61531999 80996555 126688853 100826398 428702993 0 0 58659188 61531999 80996555 126688853 100826398 428702993 19723183 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RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false false false false false true 337711 false 337711 false PART II-B, LINE 1G IN FY2023, VILLANOVA ENGAGED FIVE FIRMS TO PROVIDE LOBBYING SERVICES. THESE SERVICES INCLUDED ADVISEMENT, REPRESENTATION AND ADVOCACY ON BEHALF OF VILLANOVA ON A FEDERAL, STATE AND LOCAL LEVEL REGARDING STRATEGIC INITIATIVES. 0 1814733 X X X false 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 710592000 39929000 30982000 7948803 21281197 9212000 743061000 0.38490 0.61510 0.00000 false false 24241833 24241833 1110852922 466727795 644125127 91422793 53662645 37760148 94539354 5914 94533440 800660548 HEDGE FUNDS 408916857 F DEPOSITS WITH BOND TRUSTEES 4225 F PRIVATE INVESTMENTS 327244422 F 736165504 0 DEPOSITS BY STUDENTS 3358598 REFUNDABLE GOVERNMENT LOANS 6197624 OPERATING LEASE LIABILITIES 14851286 24407508 612393645 -956634 -956634 613350279 168459613 168459613 781809892 558876308 558876308 168459613 168459613 727335921 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 4B STUDENT FINANCIAL AID $ 168,459,613 PART XII, LINE 4B STUDENT FINANCIAL AID $ 168,459,613 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 25 Program Services FINANCIAL AID 1065823 South America 0 20 Program Services FINANCIAL AID 517155 Europe (Including Iceland and Greenland) 0 186 Program Services FA, INTL STDY, RSEARCH 10135182 East Asia and the Pacific 0 110 Program Services FA, INTL STDY, RSEARCH 3386580 Middle East and North Africa 0 21 Program Services FINANCIAL AID 679729 Russia and the Newly Independent States 0 7 Program Services FINANCIAL AID 140343 North America 0 27 Program Services FA, INTL STDY, RSEARCH 654861 South Asia 0 42 Program Services FINANCIAL AID 1361518 Sub-Saharan Africa 0 24 Program Services FINANCIAL AID 827440 Europe (Including Iceland and Greenland) 0 8 Fundraising 80323 Central America and the Caribbean 0 0 Investments 247081119 East Asia and the Pacific 0 0 Investments 1003475 Europe (Including Iceland and Greenland) 0 0 Investments 34219426 North America 0 0 Investments 341025 0 470 0 470 301493999 301493999 East Asia and the Pacific HOUSING 9000 ACH N/A N/A East Asia and the Pacific HOUSING 58280 ACH N/A N/A East Asia and the Pacific HOUSING & TUITION 19064 WIRE N/A N/A East Asia and the Pacific EXCURSION/HOUSING 15000 ACH N/A N/A East Asia and the Pacific EXCURSION/HOUSING 82500 ACH N/A N/A Europe (Including Iceland and Greenland) TUITION 114875 WIRE N/A N/A Europe (Including Iceland and Greenland) TUITION 27142 WIRE N/A N/A Europe (Including Iceland and Greenland) HOUSING 49480 ACH N/A N/A Europe (Including Iceland and Greenland) HOUSING 30525 ACH N/A N/A Europe (Including Iceland and Greenland) TUITION 33104 WIRE N/A N/A Europe (Including Iceland and Greenland) TUITION 39357 WIRE N/A N/A Europe (Including Iceland and Greenland) HOUSING 80159 ACH N/A N/A Europe (Including Iceland and Greenland) EXCURSION/HOUSING 55215 ACH N/A N/A Europe (Including Iceland and Greenland) EXCURSION/HOUSING 70704 ACH N/A N/A Europe (Including Iceland and Greenland) HOUSING 62534 ACH N/A N/A Europe (Including Iceland and Greenland) EXCURSION/HOUSING 66660 ACH N/A N/A Europe (Including Iceland and Greenland) HOUSING/TUITION 25683 WIRE N/A N/A Europe (Including Iceland and Greenland) HOUSING 13494 WIRE N/A N/A Europe (Including Iceland and Greenland) HOUSING 49980 ACH N/A N/A Europe (Including Iceland and Greenland) EXCURSION/HOUSING 44647 ACH N/A N/A Europe (Including Iceland and Greenland) EXCURSION/HOUSING 57255 ACH N/A N/A East Asia and the Pacific TUITION 19910 ACH N/A N/A East Asia and the Pacific TUITION 19615 ACH N/A N/A East Asia and the Pacific TUITION 19615 ACH N/A N/A East Asia and the Pacific TUITION 12585 ACH N/A N/A East Asia and the Pacific TUITION 17000 ACH N/A N/A East Asia and the Pacific TUITION 13770 ACH N/A N/A East Asia and the Pacific TUITION 233155 ACH N/A N/A Europe (Including Iceland and Greenland) TUITION 532988 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Greenland) TUITION 48267 ACH N/A N/A Europe (Including Iceland and Greenland) TUITION 32780 ACH N/A N/A Europe (Including Iceland and Greenland) TUITION 14941 ACH N/A N/A Europe (Including Iceland and Greenland) TUITION 354067 ACH N/A N/A Europe (Including Iceland and Greenland) TUITION 295948 ACH N/A N/A Europe (Including Iceland and Greenland) TUITION 16885 ACH N/A N/A Europe (Including Iceland and Greenland) TUITION 18397 ACH N/A N/A Europe (Including Iceland and Greenland) TUITION 19175 ACH N/A N/A Europe (Including Iceland and Greenland) TUITION 59159 WIRE N/A N/A Europe (Including Iceland and Greenland) TUITION 18183 WIRE N/A N/A Europe (Including Iceland and Greenland) TUITION 63954 WIRE N/A N/A Europe (Including Iceland and Greenland) TUITION 50378 WIRE N/A N/A Europe (Including Iceland and Greenland) TUITION 142819 ACH N/A N/A Europe (Including Iceland and Greenland) TUITION 60726 ACH N/A N/A Europe (Including Iceland and Greenland) TUITION 18282 ACH N/A N/A Europe (Including Iceland and Greenland) TUITION 20323 ACH N/A N/A Europe (Including Iceland and Greenland) HOUSING 23297 WIRE N/A N/A Europe (Including Iceland and Greenland) TUITION 10823 WIRE N/A N/A Europe (Including Iceland and Greenland) MEALS 7800 ACH N/A N/A Europe (Including Iceland and Greenland) MEALS 33982 WIRE N/A N/A Europe (Including Iceland and Greenland) MEALS 9060 WIRE N/A N/A Europe (Including Iceland and Greenland) MEALS 6360 ACH N/A N/A Europe (Including Iceland and Greenland) TRANSPORTATION 15005 WIRE N/A N/A Europe (Including Iceland and Greenland) TRANSPORTATION 8500 WIRE N/A N/A Europe (Including Iceland and Greenland) HOUSING 66496 WIRE N/A N/A 68 FACULTY ADV/PER DIEM FOR PROGRAM EXP Europe (Including Iceland and Greenland) 1 7461 WIRE N/A N/A FACULTY ADV/PER DIEM FOR PROGRAM EXP Europe (Including Iceland and Greenland) 1 11244 ACH N/A N/A FACULTY ADV/PER DIEM FOR PROGRAM EXP Europe (Including Iceland and Greenland) 1 10118 ACH N/A N/A FACULTY ADV/PER DIEM FOR PROGRAM EXP Europe (Including Iceland and Greenland) 1 5184 ACH N/A N/A FACULTY ADV/PER DIEM FOR PROGRAM EXP Europe (Including Iceland and Greenland) 1 5664 ACH N/A N/A FACULTY ADV/PER DIEM FOR PROGRAM EXP Europe (Including Iceland and Greenland) 1 5016 ACH N/A N/A FACULTY ADV/PER DIEM FOR PROGRAM EXP Europe (Including Iceland and Greenland) 1 5479 ACH N/A N/A FACULTY ADV/PER DIEM FOR PROGRAM EXP Europe (Including Iceland and Greenland) 1 5686 ACH N/A N/A FINANCIAL AID Central America and the Caribbean 25 1065823 DIRECT DEPST N/A N/A FINANCIAL AID East Asia and the Pacific 99 2824471 DIRECT DEPST N/A N/A FINANCIAL AID Europe (Including Iceland and Greenland) 139 4168277 DIRECT DEPST N/A N/A FINANCIAL AID Middle East and North Africa 21 679729 DIRECT DEPST N/A N/A FINANCIAL AID North America 11 620925 DIRECT DEPST N/A N/A FINANCIAL AID Russia and the Newly Independent States 7 140343 DIRECT DEPST N/A N/A FINANCIAL AID South America 20 517155 DIRECT DEPST N/A N/A FINANCIAL AID South Asia 42 1361518 DIRECT DEPST N/A N/A FINANCIAL AID Sub-Saharan Africa 24 827440 DIRECT DEPST N/A N/A ON-SITE INSTRUCTOR East Asia and the Pacific 1 7860 ACH N/A N/A ON-SITE INSTRUCTOR Europe (Including Iceland and Greenland) 1 26767 WIRE 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 Counselling Serv 527 MADISON AVE FL 5 NEW YORK NY 10022 CONSULTING/ PLANNING false 274712 -274712 274712 -274712 AL AK AR CA CO CT FL GA HI IL KS KY LA ME MD MA MI MN MS MO NH NJ NM NY NC ND OH OK OR PA RI SC TN UT VA WA WV WI GOLF OUTING 151795 85916 65879 65879 GOLF OUTING 75990 49552 26438 26438 6 183021 109833 73188 73188 410806 245301 165505 165505 165505 true SAVE THE CHILDREN FUND 501 KINGS HIGHWAY EAST SUITE 400 FAIRFIELD CT 06825 060726487 501(C)(3) 7000 SUPPORT AARTI4GIRLS 765 MAYFIELD AVENUE STANFORD CA 94305 473019649 501(c)(3) 5541 SUPPORT 2 0 FINANCIAL ASSISTANCE 4582 146115026 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 JEROLD T WRIGHT COACH, MEN'S BBALL (THRU 5/31) 748087 0 650000 0 2207508 0 30500 0 14944 0 3651039 0 490000 0 MR KYLE NEPTUNE COACH, MEN'S BBALL (AS OF 6/1) 350325 0 0 0 778580 0 121686 0 3900 0 1254491 0 0 0 MR MARK W JACKSON VP & DIRECTOR OF ATHLETICS 871064 0 0 0 99020 0 114775 0 14944 0 1099803 0 85000 0 PATRICK G MAGGITTI PHD PROVOST 720994 0 0 0 102634 0 118500 0 45328 0 987456 0 85000 0 MR ROGER DEMARESKI EXE VP, ADMIN & OPERATIONS 609841 0 0 0 149622 0 88371 0 14944 0 862778 0 60000 0 MR SHANE P MCANDREW CHIEF INVESTMENT OFFICER 550533 0 75000 0 0 0 225925 0 6461 0 857919 0 75000 0 MR MICHAEL J O'NEILL SR VP UNIVERSITY ADVANCEMENT 314135 0 0 0 300938 0 30500 0 94526 0 740099 0 0 0 MARK C ALEXANDER JD DEAN, SCHOOL OF LAW 581012 0 0 0 0 0 75925 0 14944 0 671881 0 50000 0 MR GEORGE F HALCOVAGE ASSOC HEAD COACH, MEN'S BBALL 405012 0 152500 0 13443 0 24927 0 10700 0 606582 0 0 0 E MICHAEL ZUBEY JR JD VP & GENERAL COUNSEL 507375 0 0 0 54000 0 81725 0 6569 0 649669 0 44000 0 KEVIN D CLARK PHD PROFESSOR 288911 0 0 0 224988 0 28411 0 20386 0 562696 0 0 0 JOYCE E RUSSELL PHD DEAN, SCHOOL OF BUSINESS 503502 0 0 0 0 0 10675 0 40849 0 555026 0 0 0 MR NEIL J HORGAN VP FOR FINANCE & CFO 455011 0 0 0 0 0 30500 0 66597 0 552108 0 0 0 ADELE LINDENMEYR PHD DEAN, COLLEGE LIBERAL A&S 404210 0 0 0 0 0 30311 0 6524 0 441045 0 0 0 DONNA S HAVENS PHD RN FAAN DEAN/PROF, COLLEGE OF NURSING 387787 0 0 0 0 0 24791 0 6720 0 419298 0 0 0 MICHELE MARCOLONGO PHD DEAN, COLLEGE OF ENGINEERING 386888 0 0 0 0 0 25925 0 14944 0 427757 0 0 0 MS KELLY DONEY VP & CHIEF INFORMATION OFFICER 360609 0 0 0 0 0 25925 0 6549 0 393083 0 0 0 MR LEON J WASHINGTON DEAN, ENROLLMENT MANAGEMENT 345177 0 0 0 0 0 24382 0 639 0 370198 0 0 0 MR ROBERT H MORRO VP FOR FACILITIES MANAGEMENT 334257 0 0 0 0 0 28863 0 942 0 364062 0 0 0 MS ANN DIEBOLD VP, UNIVERSITY COMMUNICATION 325865 0 0 0 0 0 30500 0 6461 0 362826 0 0 0 CRAIG M WHEELAND PHD VICE PROVOST FOR ACADEMICS 307814 0 0 0 12700 0 30500 0 81154 0 432168 0 0 0 MS KATHLEEN BYRNES VP, STUDENT LIFE 308247 0 0 0 10000 0 22206 0 8303 0 348756 0 0 0 RANDY WEINSTEIN PHD VP TEACHING & LEARNING 293357 0 0 0 11790 0 29493 0 8669 0 343309 0 0 0 MR KEVIN NOLLER VP, UNIVERSITY ADVANCEMENT 302428 0 0 0 0 0 25649 0 20417 0 348494 0 0 0 MR KENNETH G VALOSKY UNIVERSITY AMBASSADOR 278673 0 0 0 7700 0 27295 0 13880 0 327548 0 0 0 CHRISTINE K PALUS PHD DEAN, COLLEGE OF PROF STUDIES 280650 0 0 0 4700 0 27499 0 0 0 312849 0 0 0 MS TERESA A NANCE VP FOR DVSTY/INCLSN AND CDO 254917 0 0 0 6300 0 26010 0 10700 0 297927 0 0 0 MR ANTHONY N ALFANO ASSOC VP, AUXILLARY SERVICES 243425 0 0 0 0 0 24561 0 15339 0 283325 0 0 0 MR RAYMOND D DUFFY VP, HR & AFF ACTION OFFICER 321245 0 0 0 10000 0 28128 0 20567 0 379940 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 KYLE NEPTUNE STARTED AS THE MEN'S BASKETBALL HEAD COACH EFFECTIVE 6/1/22 AND JAY WRIGHT WAS THE HEAD COACH THROUGH 5/31/22. COMPENSATION FOR THE HEAD COACHES INCLUDES PAYMENTS FOR COACHING VILLANOVA MEN'S BASKETBALL TEAM, WEEKLY RADIO APPEARANCES, AND TELEVISION APPEARANCES. B DELAWARE COUNTY AUTHORITY 231973437 246008NM4 2014-08-20 61045730 REFUNDING OF 2005 & 2006 SERIES false false false C DELAWARE COUNTY AUTHORITY 231973437 245913LV8 2015-10-01 151040738 LANCASTER AVENUE PROJECT false false false D DELAWARE COUNTY AUTHORITY 231973437 246008PG5 2016-09-27 56071278 REFUNDING OF 2010 SERIES false false false B 39569132 0 61045730 0 0 0 258100 0 0 0 60787630 0 2014 true false true true C 11537685 0 151040738 0 16274391 0 324930 0 0 134441417 0 0 2019 false false true true D 14076927 0 56071278 0 0 0 253450 0 0 0 55817828 0 2016 true false true true B false false true true false 0.00020 0.00000 0.00020 false false false true C false false true true false 0.00610 0.00000 0.00610 false false false true D false false true true true true 0.00010 0.00000 0.00010 false false 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 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 THROUGH THE IRS. PART IV, LINE 2C THE REBATE COMPUTATION FOR BOND C WAS PERFORMED ON 11/15/2019. ANNE MINICOZZI FAMILY OF KEY EMPLOYEE 10800 SEE PART V false DAVID RATIGAN FAMILY OF KEY EMPLOYEE 148580 SEE PART V false JULIANA STUDER FAMILY OF AN OFFICER 60620 SEE PART V false JANE WARD VOEGELE FAMILY OF A TRUSTEE 71408 SEE PART V false PART IV ANNE MINICOZZI, DAVID RATIGAN, JULIANA STUDER, AND JANE WARD VOEGELE ARE EMPLOYEES OF THE UNIVERSITY AND RECEIVE COMPENSATION. X 113 12260482 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 VI, LINE 2 ROBERT 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 $2,636,408. FORM 990, PART XI, LINE 9 ADJUSTMENT FOR PENSION PLAN LIABILITY: $ 2,251,791 OTHER COMPONENTS OF NET PERIODIC PENSION COST: $ (1,344,730) TOTAL: $ 907,061 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 4908153 48685559 false 0 true 0.91962 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 1718957 FMV VILLANOVA PRIVATE ASSETS FUND LP C 21169458 FMV PART IV VILLANOVA UNIVERSITY MANAGES TWENTY-TWO CHARITABLE GIFT ANNUITIES, FOR WHICH WE HAVE A 50% OR GREATER INTEREST IN FOURTEEN OF THEM. THE AGGREGATE MARKET VALUE IS $985,903. 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 $2,067,707.