2025-05-13T12:25:14+00:00 2024-06-30 990 2023-07-01 066414276 Yale University Retiree Health Benefits Coverage Trust YALE 2034325530 C/O Yale University PO Box 208239 New Haven CT 065208239 STEPHEN C MURPHY YALE UNIVERSITY, AS TRUSTEE 2034325530 2025-05-13 2023 2025-03-06 01:10:19Z Yale University Trustee C/O Yale University PO Box 208239 New Haven CT 065208239 928148089 false X N/A X 1994 CT To promote and support the objectives, philosophies and best interests of Yale University. YALE UNIVERSITY IS A TAX EXEMPT ENTITY UNDER IRC SECTION 501(C)(3). 0 0 0 0 -916754 0 0 105828719 130945110 46203417 51022029 193535 847341 152225671 182814480 0 0 0 0 0 47895212 55294688 47895212 55294688 104330459 127519792 883593614 1070247917 0 0 883593614 1070247917 See Schedule O false false 42295535 131792451 THE EXPENSES REPRESENT THE HEALTH BENEFITS (HOSPITALIZATION, PHYSICIAN SERVICES, PRESCRIPTION COVERAGE, AND MAJOR MEDICAL IN EXCESS OF MEDICARE COVERAGE, AND/OR ALL OR A PORTION OF MEDICARE PART B PREMIUMS) PROVIDED TO RETIRED EMPLOYEES. THE MAJORITY OF REVENUE REPRESENTS THE CONTRIBUTIONS FROM YALE UNIVERSITY, TRUSTEE OF THE TRUST, WHICH WILL BE USED TO FUND POSTRETIREMENT HEALTH BENEFITS FOR RETIRED EMPLOYEES AND DEPENDENTS OF YALE UNIVERSITY PURSUANT TO THE PLAN DOCUMENT. THE NUMBER OF ACTIVE, RETIRED OR SEPARATED PARTICIPANTS RECEIVING BENEFITS OR ENTITLED TO FUTURE BENEFITS AS OF 6/30/24 IS 23,348. 42295535 true false false false false false false false false false true false false false false false false false false true false false false false false false false false false false false false false false false false false false false false false true true false false false true 2 0 true 0 true true false false false false false false false false false false false X 0 0 false false false false false false false true true false false true true true true true true false false false X STEPHEN C MURPHY YALE UNIVERSITY 2034325530 PO BOX 208239 NEW HAVEN CT 065208239 X Yale University Trustee 5.0 X 0 0 0 0 0 0 0 false false false Trigran Investments Inc 630 Dundee Road Suite 230 Northbrook IL 60062 Investment Management 275456 Northern Trust 50 South Lasalle Street Chicago IL 60603 Custody Service 246947 Aon Consulting 200 E Randolph Street Chicago IL 60601 Actuarial Services 192933 3 0 Participant Contribution 525100 9185360 9185360 Employer Contribution 525100 121759750 121759750 0 0 0 0 130945110 5979160 -437177 6416337 0 0 790376478 745333609 45042869 0 45042869 -479577 45522446 Other Income 900099 847341 847341 0 0 0 0 847341 182814480 131792451 -916754 51938783 1933 1933 139011 139011 11380748 11380748 340107 0 340107 0 Post-Retirement Health Expense 42295535 42295535 Other Admin. Expense 1126866 1126866 Unrelated Business Income Tax 10488 10488 0 0 0 0 55294688 42295535 12999153 0 6863362 84897 0 0 0 0 0 0 0 0 166584359 243136702 710145893 827026318 0 0 0 883593614 1070247917 0 0 0 0 0 0 X 883593614 1070247917 883593614 1070247917 883593614 1070247917 127519792 59134511 0 X false false false X X 1 Yale University 060646973 2 true 55294688 0 1 55294688 0 true false false false false false false false false false false false false false false true Schedule A, Part I, Line 12g THE PURPOSE OF THE YALE UNIVERSITY RETIREE HEALTH BENEFITS COVERAGE TRUST (YURHBCT) IS TO PROMOTE AND SUPPORT THE OBJECTIVES, PHILOSOPHIES AND BEST INTERESTS OF YALE UNIVERSITY, WHICH IS THE DONOR OF ASSETS HELD, MANAGED AND INVESTED BY THE 501(A) TRUST AND WHICH IS A TAX-EXEMPT ORGANIZATION UNDER IRC SECTION 501(C)(3). CONTRIBUTIONS RECEIVED FROM PARTICIPANTS ARE PAID TO FUND POST-RETIREMENT HEALTHCARE BENEFITS. TOTAL EXPENSES OF THE TRUST REPORTED ON PART IX, LINE 25(A) ARE REPORTED ON SCHEDULE A, PART I, LINE 12G(V), AMOUNT OF SUPPORT, AND REPRESENT EXPENSES PAID FOR THE BENEFIT OF YALE UNIVERSITY. Limited Partnership Interests 827026318 F Common Collective Trusts 827026318 Central America and the Caribbean 0 0 Investments 394208391 Europe (Including Iceland and Greenland) 0 0 Investments 11169523 North America (Canada & Mexico only) 0 0 Investments 110047 0 0 0 0 0 0 405487961 0 405487961 true false true true true false Schedule F, Part I, Line 3 Method used to account for expenditures on org's financial statements CENTRAL AMERICA AND THE CARIBBEAN-Accrual; EUROPE (INCLUDING ICELAND AND GREENLAND)-Accrual; NORTH AMERICA (CANADA & MEXICO ONLY)-Accrual Form 990, Part III, Line 1 Description of Organization Mission: THE PURPOSE OF THE YALE UNIVERSITY RETIREE HEALTH BENEFITS COVERAGE TRUST (YURHBCT) IS TO PROMOTE AND SUPPORT THE OBJECTIVES, PHILOSOPHIES AND BEST INTERESTS OF YALE UNIVERSITY, WHICH IS THE DONOR OF ASSETS HELD, MANAGED AND INVESTED BY THE 501(A) TRUST AND WHICH IS A TAX-EXEMPT ORGANIZATION UNDER IRC SECTION 501(C)(3). THE TRUST WILL HOLD, MANAGE AND INVEST CERTAIN ASSETS CONTRIBUTED BY YALE, AND WILL APPLY THE NET INCOME AND PRINCIPAL OF SUCH PROPERTY FOR THE SUPPORT AND BENEFIT OF YALE BY PAYING INSURANCE PREMIUMS, ADMINISTRATIVE EXPENSES, OR DIRECT REIMBURSEMENT OF MEDICAL CLAIMS FOR RETIRED FORMER EMPLOYEES AS PROVIDED UNDER YALE UNIVERSITY RETIREE MEDICAL REIMBURSEMENT PLANS. Form 990, Part VI, Line 1a Yale University, as trustee of the Yale University retiree health benefits coverage trust, is the only member of the organization. Yale University is also donor of the assets held, managed and invested by the trust. Form 990, Part VI, Line 13 YALE UNIVERSITY RETIREE HEALTH BENEFITS COVERAGE TRUST (YURHBCT) DOES NOT HAVE ANY EMPLOYEES, VOLUNTEERS, OFFICERS OR DIRECTORS. YALE UNIVERSITY, TRUSTEE OF YURHBCT, HAS A WRITTEN WHISTLEBLOWER POLICY. ANY EMPLOYEES OF YALE UNIVERSITY WHO DEAL WITH YURHBCT ARE SUBJECT TO YALE UNIVERSITY'S WRITTEN POLICIES AND PROCEDURES. Form 990, Part VI, Line 11b Review of form 990 by governing body The Chief Accounting Officer of Yale University, Trustee, reviewed the Form 990, which was prepared and reviewed by the Yale Finance Office prior to the form filing. Form 990, Part VI, Line 12c Conflict of interest policy YALE UNIVERSITY RETIREE HEALTH BENEFITS COVERAGE TRUST (YURHBCT) DOES NOT HAVE ANY EMPLOYEES, VOLUNTEERS, OFFICERS OR DIRECTORS. YALE UNIVERSITY, THE TRUSTEE OF YURHBCT, HAS A WRITTEN CONFLICT OF INTEREST POLICY. THE YALE UNIVERSITY CONFLICT OF INTEREST POLICY OBLIGATES EACH OFFICER, TRUSTEE, AND KEY EMPLOYEE TO PROMPTLY DISCLOSE ANY ACTUAL OR POTENTIAL CONFLICT OF INTEREST AS DEFINED IN THE POLICY. EACH SUCH PERSON MUST SIGN A STATEMENT ANNUALLY AFFIRMING THAT HE OR SHE HAS RECEIVED A COPY OF THE CONFLICT OF INTEREST POLICY, HAS READ AND UNDERSTANDS THE POLICY, AGREES TO COMPLY WITH THE POLICY, AND UNDERSTANDS THAT THE CORPORATION IS CHARITABLE AND IN ORDER TO MAINTAIN ITS EXEMPTION IT MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ONE OR MORE OF ITS TAX-EXEMPT PURPOSES. IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST, AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE OF HIS OR HER FINANCIAL INTEREST AND BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE DIRECTOR AND MEMBERS OF THE COMMITTEE WITH GOVERNING BOARD DELEGATED POWERS CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER DISCLOSURE OF A POTENTIAL CONFLICT OF INTEREST, THE INTERESTED PERSON IS EXCUSED FROM THE GOVERNING BOARD OR COMMITTEE MEETING WHILE THE DETERMINATION OF A CONFLICT OF INTEREST IS MADE, AND IS RECUSED FROM PARTICIPATING IN ANY VOTE ON THE MATTER. Form 990, Part VI, Line 19 Required documents available to the public THE ORGANIZATION'S GOVERNING DOCUMENTS, INCLUDING ANY AMENDMENTS, AND FINANCIAL STATEMENTS, TO THE EXTENT PROVIDED AS A PART OF ITS EXEMPTION APPLICATION OR ANNUAL FORM 990, ARE AVAILABLE TO THE PUBLIC UPON REQUEST. INSTITUTIONAL STANDARDS OF CONDUCT FOR YALE UNIVERSITY, TRUSTEE OF YURHBCT, IS AVAILABLE ON THE UNIVERSITY'S WEBSITE OR UPON REQUEST. YRHT II LLC c/o Yale University PO Box 208239 New Haven CT 065208239 472499001 Investment DE 165848 169421270 Yale University Retiree Health Benefits Coverage Trust YRHT VII LLC c/o Yale University PO Box 208239 New Haven CT 065208239 475666856 Investment DE 1299878 73431270 Yale University Retiree Health Benefits Coverage Trust YRHT III LLC c/o Yale University PO Box 208239 New Haven CT 065208239 472505376 Investment DE -1726836 66377574 Yale University Retiree Health Benefits Coverage Trust YRHT LLC c/o Yale University PO Box 208239 New Haven CT 065208239 471007493 Investment DE 119280 55766658 Yale University Retiree Health Benefits Coverage Trust YRHT IV LLC c/o Yale University PO Box 208239 New Haven CT 065208239 472517771 Investment DE -478088 41482388 Yale University Retiree Health Benefits Coverage Trust YRHT VIII LLC c/o Yale University PO Box 208239 New Haven CT 065208239 920920288 Investment DE 0 30317697 Yale University Retiree Health Benefits Coverage Trust YRHT VI LLC c/o Yale University PO Box 208239 New Haven CT 065208239 475649338 Investment DE 3074495 14370164 Yale University Retiree Health Benefits Coverage Trust YRHT V LLC C/O Yale University PO Box 208239 New Haven CT 065208239 465272396 investment DE 656417 4888071 Yale University Retiree Health Benefits Coverage Trust 3C Corporation c/o Yale University PO Box 208239 New Haven CT 065208239 412046529 Investment DC 501(c)(3) Type I Yale University false 5C Corporation c/o Yale University PO Box 208239 New Haven CT 065208239 200763050 Investment DC 501(c)(3) Type I Yale University false Alumni Fund Association of Yale University c/o Yale University PO Box 208239 New Haven CT 065208239 066078326 Encourages and solicits contributions to or for Yale University CT 501(c)(3) Type I Yale University false Chapel Company c/o Yale University PO Box 208239 New Haven CT 065208239 061532073 Inactive CT 501(c)(2) Yale University false Charles A Coffin Memorial Fund c/o Yale University PO Box 208239 New Haven CT 065208239 066034841 Supports higher education CT 501(c)(3) Type III-O Yale University false Edith B Jackson Trust #3 c/o Yale University PO Box 208239 New Haven CT 065208239 846150096 Supports higher education CO 501(c)(3) PF Yale University false Ford Adelaide D Ten T U W c/o Yale University PO Box 208239 New Haven CT 065208239 946216169 Supports higher education NC 501(c)(3) PF Yale University false Gruber Foundation the c/o Yale University PO Box 208239 New Haven CT 065208239 451540594 Supports higher education DE 501(c)(3) Type I Yale University false Health Benefits Holdings Inc c/o Yale University PO Box 208239 New Haven CT 065208239 061559155 Investment CT 501(c)(2) Yale University false HR Properties Inc c/o Yale University PO Box 208239 New Haven CT 065208239 061341463 investment CT 501(c)(2) Yale University false Jonathan Edwards Trust c/o Yale University PO Box 208239 New Haven CT 065208239 066084676 Supports Higher Education CT 501(c)(3) Type III-FI Yale University false Preston J Dunn TR UW FBO Yale University c/o Yale University PO Box 208239 New Haven CT 065208239 066366026 Supports higher education CT 501(c)(3) PF Yale University false Preston J Dunn Tr UW FBO Yale University 1928 Alumni Fund c/o Yale University PO Box 208239 New Haven CT 065208239 066366024 Supports higher education CT 501(c)(3) PF Yale University false Staff Retirement Holdings Inc c/o Yale University PO Box 208239 New Haven CT 065208239 061559156 Investment CT 501(c)(2) Yale University false Stoeckel E B Residue Trust c/o Yale University PO Box 208239 New Haven CT 065208239 060653108 Supports artistic programs CT 501(c)(3) Type III-FI Yale University false The Board of Trustees of the Sheffield Scientific School c/o Yale University PO Box 208239 New Haven CT 065208239 066032565 Promotes the study of the physical, natural and mathematical sciences CT 501(c)(3) Type II Yale University false THE CHIEF EXEC LEADERSHIP INST OF THE YALE SCHOOL OF MGMT INC c/o Yale University PO Box 208239 New Haven CT 065208239 582617787 Provides research and peer-driven edu. programs to businesses DE 501(c)(3) Type I Yale University false The Paul Mellon Centre for Studies in British Art c/o Yale University PO Box 208239 New Haven CT 065208239 981194924 Promotes and supports study of British art and architecture UK 501(c)(3) Yale University false Yale Medical Foundation Inc c/o Yale University PO Box 208239 New Haven CT 065208239 352672947 To provide outpatient medical care, to conduct research and support educational activities CT 501(c)(3) 10 Yale University false Yale Scholarship Fund of Pittsburgh c/o Yale University PO Box 208239 New Haven CT 065208239 237046816 Funds scholarships PA 501(c)(3) Type III-FI Yale University false Yale University c/o Yale University PO Box 208239 New Haven CT 065208239 060646973 Education, Research, Community Service CT 501(c)(3) 2 NA false Yale University Elizabethan Club Corp c/o Yale University PO Box 208239 New Haven CT 065208239 060332975 Promotes appreciation of literature among membership and community CT 501(c)(3) Type III-FI Yale University false Yale University Press London c/o Yale University PO Box 208239 New Haven CT 065208239 Publishes serious works UK 501(c)(3) Yale University false See Part VII N/A See Part VII N/A false false false true false false false false false false false false false true false false true true false false SCHEDULE R, PART I-V Name, address and EIN: The form 990, schedule R, lists the name of each entity as of the date of the Form 990 Filing. Schedule R, Parts III & IV AS IDENTIFIED IN PART II, YALE UNIVERSITY RETIREE HEALTH BENEFITS COVERAGE TRUST (YURHBCT) IS RELATED TO YALE UNIVERSITY (EIN: 06-0646973) WHICH HAS NUMEROUS RELATED ORGANIZATIONS. SEE SCHEDULE R, PARTS III & IV, OF YALE UNIVERSITY'S FORM 990 FOR A LIST OF THE ORGANIZATIONS, WHICH BY VIRTUE OF YALE'S CONTROL OF YURHBCT ARE RELATED ORGANIZATIONS OF YURHBCT. ANY RELATED ORGANIZATION WITH WHICH YURHBCT HAS ENTERED INTO A TRANSACTION REPORTABLE ON SCHEDULE R, PART V IS REPORTED ON YURHBCT'S FORM 990, SCHEDULE R.