2026-05-14T15:48:38+00:00 2025-06-30 350921680 CROWE LLP 701 13th St NW Suite 852 Washington DC 20005 990 2024-07-01 410693970 University of St Thomas UNIV 6519625000 2115 Summit Avenue St Paul MN 551051078 Mark Vangsgard CFO 2026-05-14 true Steve Lenivy P01635350 2026245555 2026-05-14 2024 2025-03-06 01:10:19Z Robert Vischer 2115 Summit Avenue St Paul MN 551051078 928199530 false X www.stthomas.edu X 1894 MN Inspired by Catholic intellectual tradition, the University of St. Thomas educates students to be morally responsible leaders who think critically, act wisely, and work skillfully to advance the common good. 39 37 5342 10298 574822 705238 75864363 121237417 395623941 428412468 21975622 31128287 20108641 21852064 513572567 602630236 196194060 216515559 0 206294200 216145507 300000 101250 12132323 99241871 115305984 502030131 548068300 11542436 54561936 1946357939 2045501747 571548939 566886131 1374809000 1478615616 X INSPIRED BY CATHOLIC INTELLECTUAL TRADITION, THE UNIVERSITY OF ST. THOMAS EDUCATES STUDENTS TO BE MORALLY RESPONSIBLE LEADERS WHO THINK CRITICALLY, ACT WISELY, AND WORK SKILLFULLY TO ADVANCE THE COMMON GOOD. FOUNDED IN 1885, THE UNIVERSITY OF ST. THOMAS IS A CATHOLIC UNIVERSITY BASED IN THE TWIN CITIES OF ST. PAUL AND MINNEAPOLIS. THE LARGEST PRIVATE UNIVERSITY IN MINNESOTA, ST. THOMAS OFFERS BACHELOR'S DEGREES IN OVER 100 MAJOR FIELDS OF STUDY AND MORE THAN 60 GRADUATE DEGREE PROGRAMS INCLUDING MASTER'S, EDUCATION SPECIALIST, JURIS DOCTOR, AND DOCTORATES. THE UNIVERSITY OF ST. THOMAS IS KNOWN NATIONALLY FOR ACADEMIC EXCELLENCE THAT PREPARES STUDENTS FOR THE COMPLEXITIES OF THE CONTEMPORARY WORLD. THROUGH DISCIPLINARY AND INTERDISCIPLINARY INQUIRY AND DEEP INTERCULTURAL UNDERSTANDING, WE INSPIRE STUDENTS TO LEAD, WORK, AND SERVE WITH THE SKILL AND EMPATHY VITAL TO CREATING A BETTER WORLD. false false 362978285 216515559 401558943 INSTRUCTION & RESEARCH: DURING THE YEAR, 9,876 STUDENTS WERE ENROLLED AT THE UNIVERSITY OF ST. THOMAS PURSUING ASSOCIATE, UNDERGRADUATE, GRADUATE, DOCTORAL, AND LAW DEGREES 62214754 0 3354183 STUDENT SERVICES: SERVICES PROVIDED TO STUDENTS INCLUDING ENROLLMENT SERVICES, DEAN OF STUDENTS, REGISTRAR, ATHLETICS, CAREER DEVELOPMENT, PERSONAL COUNSELING, INTERNATIONAL STUDENTS SERVICES, STUDENT CLUBS AND ORGANIZATIONS, AND STUDENT HEALTH SERVICES. 48443799 0 39262182 AUXILIARY SERVICES: PROVIDED SERVICES TO THE UNIVERSITY COMMUNITY, INCLUDING FOOD SERVICES, HOUSING, BOOKSTORES, AND CONFERENCE SERVICES. 25789609 0 3790801 OTHER PROGRAM SERVICES: ACADEMIC SUPPORT PROVIDED TO THE UNIVERSITY COMMUNITY INCLUDING LIBRARY FACILITIES, ACADEMIC ADVISING, AND THE FACULTY DEVELOPMENT CENTER. THE UNIVERSITY PROVIDES PUBLIC SERVICES INCLUDING THE SENIOR CITIZEN CENTER, SERVICE LEARNING, AND VISION TRIPS. THE UNIVERSITY ALSO PROVIDES OTHER PROGRAMS TO FURTHER THEIR EDUCATIONAL PURPOSES. 25789609 3790801 499426447 true true false true false false false true true true true true false true true true true false true true true true true true true false false true true true true false false false false false false true false false true true false false false true true true false false false true X 12779 0 true 5342 true true true true IT false false false true true false false false false false false X 39 37 true false false false false true false true true false false false false true true true true true true false false false CA CO FL AK MD MA MI MN NV NH ND OR WA X Wade Holmberg 6519625000 2115 Summit Avenue St Paul MN 551051078 James Kolar BOARD VICE CHAIR 1.0 X X 0 0 0 Jodee Kozlak BOARD CHAIR 1.0 X X 0 0 0 Phil Soran BOARD VICE CHAIR 1.0 X X 0 0 0 Robert Vischer PRESIDENT 40.0 X X 730449 0 90825 Andrew Cecere TRUSTEE 1.0 X 0 0 0 Andrew Duff TRUSTEE 1.0 X 0 0 0 Ann Winblad TRUSTEE 1.0 X 0 0 0 Anne Sempowski Ward TRUSTEE 1.0 X 0 0 0 Archie Black TRUSTEE 1.0 X 0 0 0 Ashley Bailey-Chang TRUSTEE 1.0 X 0 0 0 Brian Wenger TRUSTEE 1.0 X 0 0 0 Carol Frey Wolfe TRUSTEE 1.0 X 0 0 0 David John TRUSTEE 1.0 X 0 0 0 David Juran TRUSTEE 1.0 X 0 0 0 Debbra Schoneman TRUSTEE 1.0 X 0 0 0 Doctor Amy Goldman TRUSTEE 1.0 X 0 0 0 Doctor John Morrison TRUSTEE 1.0 X 0 0 0 Father Dennis Dease PRESIDENT EMERITUS/TRUSTEE 40.0 X 37828 0 12339 Geoffrey Gage TRUSTEE 1.0 X 0 0 0 James Gearen TRUSTEE 1.0 X 0 0 0 John Allen TRUSTEE 1.0 X 0 0 0 Katharine Anderson Groethe TRUSTEE 1.0 X 0 0 0 Kathlene Campbell TRUSTEE 1.0 X 0 0 0 Lisa Anderson TRUSTEE 1.0 X 0 0 0 Mark Dienhart TRUSTEE 1.0 X 0 0 0 Mark Zesbaugh TRUSTEE 1.0 X 0 0 0 Mary Haddad TRUSTEE 1.0 X 0 0 0 Michael Ciresi TRUSTEE 1.0 X 0 0 0 Michael Dougherty TRUSTEE 1.0 X 0 0 0 Patrick Ryan TRUSTEE 1.0 X 0 0 0 Paul Karon TRUSTEE 1.0 X 0 0 0 Reverend Edward Malloy TRUSTEE 1.0 X 0 0 0 Reverend John Malone TRUSTEE 1.0 X 0 0 0 Rob Kelly TRUSTEE 1.0 X 0 0 0 Rory O'Neill TRUSTEE 1.0 X 0 0 0 Stephen Nachtsheim TRUSTEE 1.0 X 0 0 0 Timothy Flynn TRUSTEE 1.0 X 0 0 0 Wilhelmina Wright TRUSTEE 1.0 X 0 0 0 William Lentsch TRUSTEE 1.0 X 0 0 0 Abigail Crouse GENERAL COUNSEL AND SECRETARY 40.0 X 272484 0 26233 Mark Vangsgard CFO 40.0 X 328370 0 57544 Eddy Rojas EVP & PROVOST 40.0 X 499988 0 59019 Erik Thurman VP FOR DEVELOPMENT, ALUMNI RELATIONS & UNIVERSITY ADVANCEMENT 40.0 X 433840 0 66890 Kathleen Arnold VICE PRESIDENT AND CHIEF HUMAN RESOURCES OFFICER 40.0 X 206998 0 23434 Phillip Esten VICE PRESIDENT AND DIRECTOR OF ATHLETICS 40.0 X 445869 0 67449 Sonali Dalal VICE PRESIDENT AND CHIEF INVESTMENT OFFICER 40.0 X 687667 0 46837 Glenn Caruso FOOTBALL COACH 40.0 X 380973 0 67569 James Brummer Vice President for Facilities Management 40.0 X 376261 0 55341 Laura Dunham DEAN OPUS COLLEGE OF BUSINESS 40.0 X 356330 0 65561 MayKao Hang DEAN AND FOUNDING MEMBER OF MORRISON FAMILY COLLEGE OF HEALTH 40.0 X 440355 0 32567 Michael Paulsen LAW PROFESSOR 40.0 X 377386 0 59394 5574798 0 731002 353 false true false Ryan Companies 533 S 3rd St Ste 100 Minneapolis MN 55415 Construction Services 108437876 US Leasing and Equipment Finance LLC 38 Discovery Suite 150 Irvine CA 92618 Leasing Services 3667541 Alpha Video & Audio Inc 7690 Golden Triangle Dr Eden Prarie MN 55344 Technology Services 1873739 RTDS Technologies Inc 100-150 Innovation Drive Winnipeg Manitoba CA Technology Services 1462200 Typhoon HIL Inc 15 Ward Street Somerville Westchester MA 02143 Technology Services 1292256 154 542080 18703982 101991355 1409498 121237417 Tuition & Fees 611600 401558943 401558943 Housing 721310 25312122 25296002 16120 Seminars & Workshops 611600 1541403 1541403 0 0 0 0 428412468 10493840 210506 10283334 9035228 9035228 321179 321179 0 0 327869942 62218 316305693 27248 11564249 34970 11599219 11599219 97810 542080 235600 -137790 -137790 20899902 9000753 11899149 11811851 87298 Parking 812930 1750718 1750718 Student Health Insurance 900099 844975 844975 Rental Income 531390 525628 397023 128605 6648205 6515912 132293 0 9769526 602630236 447966109 574822 32851888 16734 16734 210434907 210434907 6063918 6063918 4094061 2922888 1171173 160147084 140170556 13659279 6317249 11395283 9520773 1298220 576290 29502555 24649422 3361110 1492023 11006524 9195965 1253930 556629 479915 141835 309270 28810 319191 27690 289061 2440 160500 160500 101250 101250 1971958 1969950 2008 6639208 4520468 1983819 134921 2567350 2148666 349030 69654 4547374 3371491 837307 338576 8639029 5442983 2870864 325182 11985343 11520804 327288 137251 10467247 9933500 365875 167872 778524 762268 16256 0 22278956 22174716 95491 8749 21719869 20521844 1047909 150116 4579321 2015342 2556643 7336 All Other Expenses 8044340 7354379 433192 256769 Other Equip & Supply 3964034 3914976 43707 5351 Electronic Library 2953744 2953744 Meals 1877272 1553290 69445 254537 1332809 855676 448996 28137 548068300 499426447 36509530 12132323 1878454 5400809 168991720 153842394 10378497 18998514 0 0 0 0 1211212 835084 5015978 5314755 988794739 383291369 616854444 605503370 715177658 729606524 382379817 357205049 2540165 2289023 41929994 166506225 1946357939 2045501747 40477445 51325683 5682632 5974774 479065387 467611311 867263 940709 0 0 45456212 41033654 571548939 566886131 X 569672749 582124298 805136251 896491318 1374809000 1478615616 1946357939 2045501747 X 54561936 50124585 -246484 -633421 X false true true true true X 59187612 95850287 123049639 75864363 121237417 475189318 0 0 59187612 95850287 123049639 75864363 121237417 475189318 72200443 402988875 6159915 8140544 14907383 12762053 19639741 61609636 0 0 0 455526 574822 1030348 1204002 2018349 1818783 1940317 1848528 8829979 546659281 2008309074 0.73718 0.68796 X Schedule A, Part II, Line 10 Other Income DESCRIPTION - GROSS INCOME FROM FUNDRAISING, COLUMN A - 0.0, COLUMN B - 63803.0, COLUMN C - 72588.0, COLUMN D - 104561.0, COLUMN E - 97810.0, COLUMN F - 338762.0; DESCRIPTION - PARKING, COLUMN A - 1204002.0, COLUMN B - 1954546.0, COLUMN C - 1746195.0, COLUMN D - 1835756.0, COLUMN E - 1750718.0, COLUMN F - 8491217.0; RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false true false false false false true 160500 false true 193217 353717 false Schedule C, Part II-B, Line 1 DETAILED DESCRIPTION OF THE LOBBYING ACTIVITY The University of St. Thomas is a member of Minnesota Private College Council (MPCC), an organization described in section 501(c)(4) of the Internal Revenue Code. MPCC is an association of private nonprofit institutions of higher education that serves a variety of its members' shared needs, including, but not only, nonpartisan and non-electoral advocacy for public policy that meets students' needs and advances the interests of private higher education. The University of St. Thomas paid membership dues to MPCC in the amount of $209,631 during the taxable year. MPCC has divided its expenses for its taxable year ending June 30, 2025, into two groups. Group 1 consists of those expenses that did not in any way support attempts to influence legislation within the meaning of section 501(c)(3) of the Internal Revenue Code ("lobbying"), and Group 2 consists of all other expenses. Group 2 includes many expenses, such as personnel costs, that supported both lobbying and nonlobbying activities. MPCC did not attempt to allocate the Group 2 expenses between lobbying and nonlobbying activities. MPCC has determined that the amount of the Group 2 expenses represents 92.17% of the amount of the dues that MPCC collected in the same taxable year. Assuming that all Group 2 expenses were paid from member dues, and allocating those expenses pro rata based on the dues paid by each member, $193,217 of The University of St. Thomas' dues were used to pay Group 2 expenses. The amount of lobbying expenses paid from The University of St. Thomas' dues was significantly less than that amount. The University retained the services of Emmet Coleman for the cost of $51,500 to represent the University with the City of St. Paul in relation to building a micro-grid on the University St. Paul campus. The services of McAllister & Quinn in Washington DC were also retained for the cost of $109,000 to represent the University at the federal level. 7359721 X X X false false true X 740259680 60791232 56333264 12450915 24930134 820003127 710223303 14558166 50438490 11055406 23904873 740259680 698880968 17670137 33911950 9428259 30811493 710223303 708988747 23029947 -8905570 7833920 16398236 698880968 550931157 9677842 165596839 6636723 10580368 708988747 0.1091 0.6092 0.2817 false false 47772175 47772175 757414003 236157704 521256299 13330591 9751874 3578717 92897618 71665390 21232228 77380352 65716401 11663951 605503370 Closely-held equity interests Financial derivatives REAL ESTATE FUNDS 24588000 F MARKETABLE ALTERNATIVES 117124000 F PRIVATE EQUITY 215493049 F 357205049 OTHER ASSETS 1286566 Construction in Progress 165219659 166506225 Federal Income Taxes ANNUITY OBLIGATIONS 4145241 ASSET RETIREMENT OBLIGATIONS 1915376 INTEREST RATE SWAP 240473 OTHER LIABILITIES 10795495 STUDENT LOAN ADVANCES 413422 BOND PREMIUMS 23523647 41033654 X 445359158 50124585 9000753 59125338 386233820 1971611 214424805 216396416 602630236 340920781 246484 9000753 9247237 331673544 1971611 214423145 216394756 548068300 Schedule D, Part III, Line 4 Collections of art - description of collections THE UNIVERSITY OF ST. THOMAS HOLDS TWO COLLECTIONS OF ARTWORK. THE ASMAT ART AND ARTISTS COLLECTION CONSTITUTES ONE OF THE MOST COMPREHENSIVE COLLECTIONS OF ASMAT ART IN THE UNITED STATES. LOCATED ON THE ST. PAUL CAMPUS IT PROVIDES STUDENTS, FACULTY, STAFF AND SURROUNDING COMMUNITIES WITH OPPORTUNITIES TO LEARN ABOUT TRADITIONAL ASMAT CULTURE, CONTEMPORARY CHALLENGES FOR ASMAT ARTISTS, AND ONGOING OPPORTUNITIES ASMAT ARTISTS HAVE FOR PRESENTING THEIR WORK. THE UNIVERSITY OF ST. THOMAS COLLECTION COMPRISES OVER 1,000 OBJECTS INCLUDING PAINTINGS, SCULPTURES, DECORATIVE ARTS STAINED GLASS AND TEXTILES. MANY OF THESE WORKS ARE ON DISPLAY IN PUBLIC AREAS OF THE LIBRARIES OFFICES CLASSROOMS, DORMITORIES, SEMINARY BUILDINGS, AND THE STUDENT CENTER; AND IN VARIOUS OUTDOOR SETTINGS. SEVERAL AREAS, SUCH AS THE SCULPTURE GARDEN OF THE O'SHAUGHNESSY-OWENS SCIENCE COMPLEX, AND THE BERNARDI CAMPUS IN ROME, HAVE NOTEWORTHY ENSEMBLES. MANY WORKS OF ART ARE USED DIRECTLY FOR TEACHING PURPOSES IN THE ART HISTORY CLASSROOM, AS WELL AS SPECIALIZED SETTINGS SUCH AS THE LUANN DUMMER CENTER FOR WOMEN. OTHER PLAY A DIRECT ROLE IN WORSHIP AND MEDITATION. Schedule D, Part IV, Line 2b Explanation of escrow agreement The escrow arrangement is in connection to planned gift assets held for others. The University of St. Thomas has one for fiscal year 2025. Loftus Unitrust - is split among several beneficiaries but the University of St. Thomas holds the funds. Schedule D, Part V, Line 4 Intended uses of endowment funds THE UNIVERSITY'S ENDOWMENT IS USED FOR STUDENT FINANCIAL AID, INSTRUCTION AND OTHER RELATED ACTIVITIES, AND EDUCATIONAL AND GENERAL OPERATING. Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote THE UNIVERSITY QUALIFIES AS A TAX-EXEMPT NONPROFIT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND SIMILAR STATUTES OF MINNESOTA LAW. HOWEVER, ANY UNRELATED BUSINESS INCOME MAY BE SUBJECT TO TAXATION. THE MOST SIGNIFICANT AREAS THAT SUBJECT THE UNIVERSITY TO UNRELATED BUSINESS INCOME TAX (UBIT) INCLUDE CONFERENCES AND EVENTS, RENTAL ACTIVITIES, EARNINGS FROM CERTAIN ALTERNATIVE INVESTMENTS AND OTHER UNRELATED INCOME. Schedule D, Part XI, Line 2(d) Other revenues in audited financial statements not in form 990 COST OF GOODS SOLD - 9000753 Schedule D, Part XI, Line 4(b) Other revenues in form 990 not in audited financial statements FINANCIAL AID - XXX-XX-XXXX Schedule D, Part XII, Line 2(d) Other expenses in audited financial statements not in form 990 COST OF GOODS SOLD - 9000753 Schedule D, Part XII, Line 4(b) Other expenses in form 990 not in audited financial statements FINANCIAL AID - XXX-XX-XXXX FINANCIAL AID ADJUSTMENT - -1660 true true true true true true true false false false false false false false false true true true Schedule E, Part I, Line 3 RACIALLY NONDISCRIMINATORY POLICY THE UNIVERSITY PUBLISHES ITS NON-DISCRIMINATION POLICY IN SOLICITATION MATERIALS SENT TO PROSPECTIVE STUDENTS, AS WELL AS ON ITS WEBSITE AND IN ENROLLMENT MATERIALS. Schedule E, Part I, Line 6(a) FINANCIAL AID OR ASSISTANCE FROM A GOVERNMENT THE UNIVERSITY OF ST. THOMAS RECEIVES PRIMARILY TITLE IV FUNDING FROM THE DEPARTMENT OF EDUCATION (I.E., PELL, WORKSTUDY, FEDERAL DIRECT LENDING, AND SEOG). Schedule E, Part I, Line 6(b) REVOCATION OR SUSPENSION OF GOVERNMENTAL AID OR ASSISTANCE THE UNIVERSITY OF ST. THOMAS HAD TWO FEDERAL GRANTS REINSTATED AFTER INITIALLY BEING CANCELED. THE FUNDING INCLUDED A 6.8 MILLION DOLLAR SUPPORTING EFFECTIVE EDUCATOR DEVELOPMENT (SEED) GRANT AND A 2.8 MILLION DOLLAR TEACHER QUALITY PARTNERSHIP (TQP) GRANT. true Central America and the Caribbean 0 0 Investments N/A 131330270 Europe (Including Iceland and Greenland) 0 0 Investments N/A 26933853 Europe (Including Iceland and Greenland) 1 7 Program Services The Bernardi Campus provides housing to St. Thomas students and others participating in academic and summer programs. 669412 North America (Canada & Mexico only) 0 0 Investments N/A 1732628 Europe (Including Iceland and Greenland) 0 0 Program Services Student Aid 5216076 Middle East and North Africa 0 0 Program Services Student Aid 135182 South America 0 0 Program Services Student Aid 96668 East Asia and the Pacific 0 0 Program Services Student Aid 575178 Central America and the Caribbean 0 0 Program Services Student Aid 19587 South Asia 0 0 Program Services Recruitment, Fees, Professional Services, Lodging 22168 Europe (Including Iceland and Greenland) 0 0 Program Services,Conference Travel Recruitment, Membership, Conference, Fees, Travel, Supplies, Subscriptions, Professional Development, Meals, Services, Shipping, Speaker, Admissions, Software, Registration, Marketing 166840 Middle East and North Africa 0 0 Program Services Recruitment, and Fees 3310 North America (Canada & Mexico only) 0 0 Program Services Student Aid 7373 South America 0 0 Program Services Recruitment, Meals, and Fees 6386 Sub-Saharan Africa 0 0 Program Services Student Aid 13855 Central America and the Caribbean 0 0 Program Services,Conference Travel Recruitment, Fees, Services, Meals, Admissions 1584 East Asia and the Pacific 0 0 Program Services Recruitment. Fees. Transportations. Study Abroad, Meals, Travel, Supplies, and Conferences 51293 North America (Canada & Mexico only) 0 0 Program Services,Conference Travel Conferences, Fees, Travel, Meals, Parking, Recruitment, Software, Supplies, Memberships, Sponsorships, and Professional Development, 57040 Sub-Saharan Africa 0 0 Program Services Recruitment, Fees, Transportation, Supplies, Meals, Travel 12788 1 7 0 0 1 7 166930370 121121 167051491 0 0 AID Europe (Including Iceland and Greenland) 461 5216075 STUDENT ACCOUNT FMV AID Middle East and North Africa 10 135182 STUDENT ACCOUNT FMV AID South America 26 96668 STUDENT ACCOUNT FMV AID East Asia and the Pacific 74 575178 STUDENT ACCOUNT FMV AID Central America and the Caribbean 32 19587 STUDENT ACCOUNT FMV AID Sub-Saharan Africa 6 13855 STUDENT ACCOUNT FMV AID North America (Canada & Mexico only) 2 7373 STUDENT ACCOUNT FMV true false true true true false Schedule F, Part I, Line 2 Procedures for monitoring use of grant funds STUDENT FINANCIAL AID IS PROCESSED UNDER INDIVIDUAL GRANT FUNDS WITHIN OUR ACCOUNTING SYSTEM, AND THE STUDENT FINANCIAL AID IS ALSO PROCESSED UNDER EACH INDIVIDUAL STUDENT ACCOUNT. THIS APPROACH TO RECORD FINANCIAL AID BY FUND AND BY STUDENT ACCOUNT PROVIDES A DETAILED RECORD OF HOW THE FUNDS ARE SPENT ACCORDING TO DONOR AND GOVERNMENTAL REQUIREMENTS. THE FINANCIAL AID OFFICE MONITORS STUDENT ACCOUNT ACTIVITY TO VERIFY THE STUDENT'S ENROLLMENT AND USE OF THE FUNDS ACCORDING TO THE GRANT REQUIREMENTS. Schedule F, Part I, Line 3 Method used to account for expenditures on org's financial statements CENTRAL AMERICA AND THE CARIBBEAN-Accrual; EAST ASIA AND THE PACIFIC-Accrual; EUROPE (INCLUDING ICELAND AND GREENLAND)-Accrual; MIDDLE EAST AND NORTH AFRICA-Accrual; NORTH AMERICA (CANADA & MEXICO ONLY)-Accrual; SOUTH AMERICA-Accrual; SOUTH ASIA-Accrual; SUB-SAHARAN AFRICA-Accrual Schedule F, Part III Method used to account for expenditures on org's financial statements CENTRAL AMERICA AND THE CARIBBEAN -Accrual EAST ASIA AND THE PACIFIC -Accrual EUROPE (INCLUDING ICELAND AND GREENLAND) -Accrual MIDDLE EAST AND NORTH AFRICA -Accrual NORTH AMERICA (CANADA & MEXICO ONLY) -Accrual SOUTH AMERICA -Accrual SUB-SAHARAN AFRICA -Accrual X X X X X X X true HADAWAY PARTNERS LLC 3692 WOODLAND COVE PARKWAY EXCELSIOR MN 55331 FUNDRAISING CONSULTANT false 87500 -87500 Marts & Lundy Inc 160 Chubb Ave Lyndhurst NJ 07071 FUNDRAISING CONSULTANT false 13750 -13750 0 101250 -101250 CA CO CT DE FL GA AL HI ID IL IN IA KS KY LA ME AK MD MA MI MN MS MO MT NE NV NH NJ NM NY NC ND OH OK OR PA AZ RI SC SD TN TX UT VT VA AR WA WV WI WY Athletic Purple Party 429910 384830 45080 29666 21698 107371 360 Fundraising 95350 47500 47850 1050 11850 11200 2 114630 109750 4880 21180 12411 19174 639890 542080 97810 51896 45959 137745 235600 -137790 true Bridging Inc 1730 Terrace Drive Roseville MN 55113 411725396 501(c)(3) 16000 General support 1 0 Aid 8425 208360887 FMV Stipends 1891 2074020 FMV Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds AS GIFTS AND GRANTS ARE RECEIVED, INDIVIDUAL FUNDS ARE ESTABLISHED IN OUR GENERAL LEDGER SYSTEM TO PROCESS THE GRANT REVENUE AND EXPENSE. A FINANCIAL MANAGER IS ASSIGNED TO REVIEW AND OVERSEE THE ACTIVITY OF THE FUND. IN ADDITION, OTHER ADMINISTRATIVE DEPARTMENTS ALSO PROVIDE SERVICES TO PROCESS, REPORT, AND REVIEW THE GRANT INFORMATION. IN THE CASE OF PRIVATE GRANTS, THE UNIVERSITY FOLLOWS A FORMALIZED GRANT APPLICATION PROCESS TO VERIFY THAT THE UNIVERSITY UNDERSTANDS THE GRANT OBLIGATION AND PURPOSE BEFORE THE APPLICATION IS SENT TO THE GRANTOR ORGANIZATION. MANY PRIVATE AND GOVERNMENT GRANTS ARE RECEIVED FOR STUDENT FINANCIAL AID. OUR ENROLLMENT SERVICES DEPARTMENT FOLLOWS A DETAILED POLICY AND PROCEDURES MANUAL THAT DESCRIBES HOW EACH SCHOLARSHIP IS AWARDED, INCLUDING SELECTION CRITERIA. THESE PROCEDURES FOLLOW GUIDELINES SET BY THE UNIVERSITY'S SENIOR LEADERSHIP. STUDENT FINANCIAL AID IS PROCESSED UNDER INDIVIDUAL GRANT FUNDS WITHIN OUR ACCOUNTING SYSTEM (AS DESCRIBED ABOVE), AND THE STUDENT FINANCIAL AID IS ALSO PROCESSED UNDER EACH INDIVIDUAL STUDENT ACCOUNT. THIS APPROACH TO RECORD FINANCIAL AID BY FUND AND BY STUDENT ACCOUNT PROVIDES A DETAILED RECORD OF HOW THE FUNDS ARE SPENT ACCORDING TO DONOR AND GOVERNMENTAL REQUIREMENTS. THE FINANCIAL AID OFFICE MONITORS STUDENT ACCOUNT ACTIVITY TO VERIFY THE STUDENT'S ENROLLMENT AND USE OF THE FUNDS ACCORDING TO THE GRANT REQUIREMENTS. X X X true true X X X false false false false false false false false false Robert Vischer PRESIDENT 658781 0 65200 0 6468 0 55430 0 35395 0 821274 0 0 0 Mark Vangsgard CFO 301470 0 25000 0 1900 0 29752 0 27792 0 385914 0 0 0 Abigail Crouse GENERAL COUNSEL AND SECRETARY 271892 0 0 0 592 0 25596 0 637 0 298717 0 0 0 Sonali Dalal VICE PRESIDENT AND CHIEF INVESTMENT OFFICER 407253 0 280000 0 414 0 32430 0 14407 0 734504 0 0 0 Phillip Esten VICE PRESIDENT AND DIRECTOR OF ATHLETICS 385077 0 60002 0 790 0 32430 0 35019 0 513318 0 0 0 Eddy Rojas EVP & PROVOST 406814 0 92024 0 1150 0 32430 0 26589 0 559007 0 0 0 Erik Thurman VP FOR DEVELOPMENT, ALUMNI RELATIONS & UNIVERSITY ADVANCEMENT 354102 0 69500 0 10238 0 32430 0 34460 0 500730 0 0 0 Kathleen Arnold VICE PRESIDENT AND CHIEF HUMAN RESOURCES OFFICER 206808 0 0 0 190 0 11139 0 12295 0 230432 0 0 0 MayKao Hang DEAN AND FOUNDING MEMBER OF MORRISON FAMILY COLLEGE OF HEALTH 399576 0 39989 0 790 0 32430 0 137 0 472922 0 0 0 Glenn Caruso FOOTBALL COACH 371559 0 9000 0 414 0 32430 0 35139 0 448542 0 0 0 Michael Paulsen LAW PROFESSOR 375100 0 0 0 2286 0 32430 0 26964 0 436780 0 0 0 Laura Dunham DEAN OPUS COLLEGE OF BUSINESS 320193 0 33475 0 2662 0 31507 0 34054 0 421891 0 0 0 James Brummer Vice President for Facilities Management 225547 0 150000 0 714 0 22560 0 32781 0 431602 0 0 0 Schedule J, Part I, Line 1a First-class or charter travel THE DIRECTOR OF ATHLETICS OCCASIONALLY TRAVELS WITH VARIOUS INTERCOLLEGIATE ATHLETICS TEAMS ON THEIR TEAM CHARTER. NONE OF THE BENEFIT IS TREATED AS TAXABLE. Schedule J, Part I, Line 1a Travel for companions UNIVERSITY EMPLOYEES ARE OCCASIONALLY ASKED TO TRAVEL ON UNIVERSITY BUSINESS. SPOUSAL TRAVEL REIMBURSEMENT BY THE UNIVERSITY REQUIRES APPROVAL BY A DEAN OR LEADERSHIP MEMBER, AND IF THE BUSINESS PURPOSE OF THE SPOUSAL TRAVEL IS NOT PROPERLY DOCUMENTED IT IS TREATED AS TAXABLE COMPENSATION TO THE EMPLOYEE. TRAVEL FOR COMPANIONS WAS PROVIDED AS A BENEFIT TO THE UNIVERSITY PRESIDENT AND IF THE BUSINESS PURPOSE OF THE SPOUSAL TRAVEL WAS NOT PROPERLY DOCUMENTED, IT WAS TREATED AS TAXABLE COMPENSATION TO THE EMPLOYEE. Schedule J, Part I, Line 1a Health or social club dues or initiation fees CLUB DUES PAID BY THE UNIVERSITY ON BEHALF OF A NUMBER OF EMPLOYEES, THE PORTION RELATED TO PERSONAL USE IS TREATED AS TAXABLE INCOME TO THE EMPLOYEE. Schedule J, Part I, Line 1a HOUSING ALLOWANCE OR RESIDENCE FOR PERSONAL USE THE PRESIDENT IS PROVIDED HOUSING BY THE UNIVERSITY OF ST. THOMAS. THE PRESIDENT HAS CHOSEN NOT TO LIVE AT THE RESIDENCE FOR ANY PORTION OF TIME DURING FISCAL YEAR 2025. A MN Higher Education Facilities Authority 410988525 60416HB78 2013-03-28 29327034 Refund Issue Dated 08/19/2004 false false false B MN Higher Education Facilities Authority 410988525 000000000 2014-03-14 24210000 Refund Issue dated 08/19/2004 false false false C MN Higher Education Facilities Authority 410988525 60416HV43 2016-03-09 63325215 Refund Issues dated 06/17/2009 & 12/16/2008 false false false D MN Higher Education Facilities Authority 410988525 60416H8G2 2017-12-28 66234827 Refund Issue Dated 12/16/2009 false false false A 21245000 0 29327034 0 0 0 222034 0 0 0 29105000 0 2013 true false true true B 24210000 0 24210000 0 0 0 136888 0 0 0 24073112 0 2014 false true true true C 17335000 0 63325215 0 0 0 364074 0 0 0 62961141 0 2016 false true true true D 12170000 0 66234827 0 0 0 438498 0 0 0 65796329 0 2017 false true true true A false false true true false false 0.0 0.0021 0.0021 false false 0 false true B false false true true false false 0.0 0.0006 0.0006 false false 0 false true C false false true true false false 0.0 0.0345 0.0345 false false 0 false true D false false true true false false 0.0 0.0061 0.0061 false false 0 false true A false false true false false false 0 false false false 0 false false true B false false true false false false 0 false false false 0 false false true C false false true false false false 0 false false false 0 false false true D false false true false false false 0 false false false 0 false false true A true B true C true D true Schedule K, Part II, Line 3 ALL LISTED BONDS ON SCHEDULE K IF THE TOTAL PROCEEDS OF THE ISSUE EXCEEDS THE ISSUE PRICE OF THE RESPECTIVE BOND, THE DIFFERENCE IS DUE TO INVESTMENT EARNINGS. EARNINGS ARE INCLUDED IN THE TOTAL PROCEEDS OF EACH ISSUE. Schedule K, Part I, Column (c) MULTIPLE CUSIP NUMBERS, ITEM D 60416JFL9 60416JGG9 Schedule K, Part I, Column (c) MULTIPLE CUSIP NUMBERS, ITEM A 60416JJA9 60416JJB7 60416JJC5 Schedule K, Part V Different Procedures to Undertake Corrective Action Issuer name: MN Higher Education Facilities Authority N/A Schedule K, Part V Different Procedures to Undertake Corrective Action Issuer name: MN Higher Education Facilities Authority N/A Schedule K, Part V Different Procedures to Undertake Corrective Action Issuer name: MN Higher Education Facilities Authority N/A Schedule K, Part V Different Procedures to Undertake Corrective Action Issuer name: MN Higher Education Facilities Authority N/A Schedule K, Part V Different Procedures to Undertake Corrective Action Issuer name: MN Higher Education Facilities Authority N/A Schedule K, Part V Different Procedures to Undertake Corrective Action Issuer name: MN Higher Education Facilities Authority N/A Schedule K, Part V Different Procedures to Undertake Corrective Action Issuer name: MN Higher Education Facilities Authority N/A Schedule K, Part V Different Procedures to Undertake Corrective Action Issuer name: MN Higher Education Facilities Authority NA Schedule K, Part V Different Procedures to Undertake Corrective Action Issuer name: MN HIGHER EDUCATION FACILITIES AUTHORITY N/A A MN Higher Education Facilities Authority 410988525 000000000 2017-12-29 19035000 Refund Issue Dated 05/30/2012 false false false B MN Higher Education Facilities Authority 410988525 60416JCE8 2019-05-30 93027399 Construction of Dormitory false false false C MN Higher Education Facilities Authority 410988525 000000000 2020-07-17 18745000 Refund Issue dated 12/29/2017 and renovations for dormitory and student health center false false false D MN Higher Education Facilities Authority 410988525 60416JFL9 2022-06-02 136339932 Construction of academic building and nursing facility and renovation of residence halls. false false false A 19035000 0 19035000 0 0 0 150000 0 0 0 18885000 0 2017 true false true true B 5325000 0 93436221 0 3948950 0 483851 0 145463 88857957 0 0 2020 false false true true C 6600000 0 18745000 0 127387 0 131201 0 0 8646799 9839613 0 2021 true false true true D 0 0 136339932 0 4184168 0 811999 0 0 55605601 76147150 0 2024 false false false true A false false true true false false 0.0 0.0055 0.0055 false false 0 false true B false false true true false false 0.0 0.0109 0.0109 false false 0 false true C false false true true false false 0.0 0.0003 0.0003 false false 0 false true D false false true true false false 0.0 0.0004 0.0004 false false 0 false true A false false true false true false 0 false false false 0 false false true B false false true false false false 0 false false true Bayerische Landesbank New York Branch 1.5 true false true C false true false false true false 0 false false false 0 false false true D false true false false false false 0 false false true THE TORONTO-DOMINIUM BANK NEW YORK BRANCH 1.5 true false true A true B true C true D true A MN HIGHER EDUCATION FACILITIES AUTHORITY 410988525 60416JJA9 2024-03-26 153245931 CONSTRUCTION OF ATHLETIC ARENA false false false A 0 0 153245931 0 0 0 1037105 0 0 3547217 0 148661609 false false false true A false false false false false false 0.0 0.0 0.0 false false 0 false true A false true false false true false 0 false false true THE TORONTO-DOMINIUM BANK NEW YORK BRANCH 1.8 true false true A true VARIOUS EMPLOYEE FAMILY MEMBERS AND TRUSTEES 242970 SCHOLARSHIPS & TUITION REMISSION Academic Assistance RYAN COMPANIES INC Patrick Ryan Chairman & partial owner. 108437876 CONSTRUCTION false Schedule L, Part III PART III GRANTS OR ASSISTANCE BENEFITTING INTERESTED PERSONS ISSUANCE OF ACADEMIC SCHOLARSHIPS TO FAMILY MEMBERS OF EMPLOYEES AND TRUSTEES IS DETERMINED ON THE SAME BASIS AND CRITERIA FOR ALL STUDENTS AT THE UNIVERSITY. 35 976482 Market value X STONE 1 400000 Cost X EVENT 2 17867 Cost X TOOLS 2 14510 Cost X TRANSPORTATION 1 639 Cost 0 false true false Schedule M, Part I Explanations of reporting method for number of contributions Securities - Publicly traded - - NUMBER OF CONTRIBUTORS Other - STONE - NUMBER OF CONTRIBUTORS Other - EVENT - NUMBER OF CONTRIBUTORS Other - TOOLS - NUMBER OF CONTRIBUTORS Other - TRANSPORTATION - NUMBER OF CONTRIBUTORS Form 990, Part III, Line 4d Description of other program services (Expenses $ 25,789,609 including grants of $ 0)(Revenue $ 3,790,801) OTHER PROGRAM SERVICES: ACADEMIC SUPPORT PROVIDED TO THE UNIVERSITY COMMUNITY INCLUDING LIBRARY FACILITIES, ACADEMIC ADVISING, AND THE FACULTY DEVELOPMENT CENTER. THE UNIVERSITY PROVIDES PUBLIC SERVICES INCLUDING THE SENIOR CITIZEN CENTER, SERVICE LEARNING, AND VISION TRIPS. THE UNIVERSITY ALSO PROVIDES OTHER PROGRAMS TO FURTHER THEIR EDUCATIONAL PURPOSES. Form 990, Part VI, Line 15b PROCESS TO ESTABLISH COMPENSATION OF OTHER OFFICERS OR KEY EMPLOYEES THE COMPENSATION FOR OTHER OFFICERS AND KEY EMPLOYEES IS APPROVED BY THE PRESIDENT OR THE INDIVIDUAL'S DIRECT SUPERVISOR IF NOT THE PRESIDENT. AS PART OF THIS PROCESS, COMPENSATION IS ESTABLISHED THROUGH AN ASSESSMENT OF THE CURRENT-MARKET. A SALARY RANGE IS ESTABLISHED THROUGH COMPARABLE POSITIONS/SALARY INFORMATION, AND THE APPROPRIATE TARGET SALARY IS SELECTED BEFORE A FINAL OFFER IS DIRECTED TO THE POTENTIAL HIRE. THIS PROCESS OCCURS EACH YEAR. Form 990, Part VI, Line 1a Delegate broad authority to a committee THE EXECUTIVE COMMITTEE IS COMPRISED OF BOARD CHAIR, BOARD VICE CHAIR, IMMEDIATE PAST CHAIR, AND THE PRESIDENT OF THE UNIVERSITY OF ST. THOMAS. ALL OF THE EXECUTIVE COMMITTEE MEMBERS ARE MEMBERS OF THE UNIVERSITY'S BOARD OF TRUSTEES. THE EXECUTIVE COMMITTEE HAS THE RIGHT TO ACT ON BEHALF OF THE BOARD OF TRUSTEES IN ANY MATTER THAT THE BOARD ITSELF COULD ADDRESS. Form 990, Part VI, Line 2 Family/business relationships amongst interested persons BRIAN WENGER AND PATRICK RYAN - Business relationship, DEBBRA SCHONEMAN & PHILIP SORAN - Business relationship, MARK DIENHART & ANN WINBALD - Business relationship Form 990, Part VI, Line 7a Members or stockholders electing members of governing body THREE OF THE UNIVERSITY'S TRUSTEES SHALL BE NOMINATED BY THE SAINT PAUL SEMINARY AND ELECTED BY THE BOARD OF TRUSTEES IN ACCORDANCE WITH AN AFFILIATION AGREEMENT BETWEEN THE UNIVERSITY AND THE SEMINARY. Form 990, Part VI, Line 11b Review of form 990 by governing body PRIOR TO FILING THE RETURN WITH THE IRS, A DRAFT OF THE COMPLETED FORM 990 IS REVIEWED BY THE ORGANIZATION'S MANAGEMENT AND OUTSIDE INDEPENDENT TAX ADVISORS. THE FORM 990 WITH A REDACTED VERSION OF SCHEDULE B IS THEN PROVIDED TO THE FULL BOARD OF TRUSTEES FOR REVIEW AND APPROVAL. SUBSEQUENT TO THE BOARD OF TRUSTEE APPROVAL, THE TAX DEPARTMENT FILES THE RETURN WITH THE APPROPRIATE FEDERAL AND STATE AGENCIES, MAKING ANY NON-SUBSTANTIVE CHANGES NECESSARY. ANY NON-SUBSTANTIVE CHANGES ARE NOT RE-SUBMITTED TO THE BOARD. Form 990, Part VI, Line 12c Conflict of interest policy ALL TRUSTEES, OFFICERS, KEY EMPLOYEES, AND THE FIVE HIGHEST PAID EMPLOYEES OF THE UNIVERSITY ARE REQUESTED TO FILE AN ANNUAL DISCLOSURE STATEMENT AND REPORT ANY KNOWN CONFLICTS OF INTEREST. THIS DISCLOSURE STATEMENT MUST BE COMPLETED AT THE TIME OF APPOINTMENT AND THEN ANNUALLY ON OR BEFORE OCTOBER 31. THE DISCLOSURE REQUIRES THE INDIVIDUALS TO NOTE KNOWN AND POTENTIAL RELATIONSHIPS OR TRANSACTIONS WHICH MAY GIVE RISE TO CONFLICT. TRUSTEES AND OFFICERS ALSO ARE REQUESTED TO NOTIFY THE VICE PRESIDENT FOR BUSINESS AFFAIRS IMMEDIATELY IF A CHANGE IN HIS OR HER DISCLOSURE STATEMENT OCCURS DURING THE YEAR. THE UNIVERSITY REVIEWS THE FORMS AND ANY IDENTIFIED CONFLICTS ARE MONITORED TO ENSURE COMPLIANCE WITH THE POLICY. ALL CONTRACTS, AGREEMENTS, OR ARRANGEMENTS THAT HAVE THE POTENTIAL FOR A FINANCIAL OR OTHER TYPE OF CONFLICT OF INTEREST ARE REVIEWED AND APPROVED BY THE APPROPRIATE GROUP AS LAID OUT IN OUR POLICY. AN INTERESTED PERSON RECUSES HIM OR HERSELF FROM THE DECISION-MAKING PROCESS, INCLUDING REMOVING HIM OR HERSELF FROM ANY DISCUSSIONS OR MEETINGS REGARDING THE POTENTIAL ARRANGEMENT. THOSE WITHOUT AN INTEREST IN THE MATTER DECIDE WHETHER A CONTRACT, AGREEMENT, TRANSACTION, OR ARRANGEMENT IS FAIR, REASONABLE, AND IS IN THE BEST INTEREST OF THE UNIVERSITY. Form 990, Part VI, Line 15a Process to establish compensation of top management official THE UNIVERSITY BENCHMARKED THE PRESIDENT'S SALARY DURING THE SEARCH FOR ROB VISCHER, WHO WAS INITIALLY INTERIM PRESIDENT BEFORE BEING CONFIRMED AS PRESIDENT JANUARY 2025. Form 990, Part VI, Line 19 Required documents available to the public THE UNIVERSITY OF ST. THOMAS DOES NOT MAKE ITS GOVERNING DOCUMENTS AVAILABLE TO THE PUBLIC. THE UNIVERSITY'S CONFLICT OF INTEREST POLICY IS ON THE UNIVERSITY'S WEBSITE AND IS ACCESSIBLE TO THE PUBLIC. THE UNIVERSITY'S AUDITED FINANCIAL STATEMENTS ARE AVAILABLE BY REQUEST AND ARE ALSO AVAILABLE ON THE UNIVERSITY'S WEBSITE. Form 990, Part VIII, Line 11d Other Miscellaneous Revenue Other Student Service Revenue - Total Revenue: 2641501, Related or Exempt Function Revenue: 2641501, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ; Other Revenue - Total Revenue: 4006704, Related or Exempt Function Revenue: 3874411, Unrelated Business Revenue: 132293, Revenue Excluded from Tax Under Sections 512, 513, or 514: ; Form 990, Part XI, Line 9 Other changes in net assets or fund balances NET UNREALIZED GAIN ON INTEREST RATE SWAP - -65062; DONOR ADJUSTMENTS - -572200; ROUNDING - 3841; Total - -633421; UST ASSET HOLDINGS LLC 2115 SUMMIT AVE ST PAUL MN 55105 822313472 REAL ESTATE INVESTMENT MN 0 0 UNIVERSITY OF ST THOMAS UST INVESTMENT HOLDINGS LLC 2115 SUMMIT AVE ST PAUL MN 55105 822761195 NON REAL ESTATE INVESTMENT MN 356074 3252454 UNIVERSITY OF ST THOMAS AUTOPARK LLC 2115 Summit Avenue Saint Paul MN 55105 743040026 REAL ESTATE INVESTMENT MN -406169 9694662 University of St Thomas UST HIGHLAND BRIDGE LLC 2115 Summit Ave St Paul MN 55105 REAL ESTATE INVESTMENT MN 0 7102250 UNIVERSITY OF ST THOMAS CHARITABLE REMAINDER UNITRUSTS (9) TRUST INVESTMENTS MN UNIVERSITY OF ST THOMAS Trust true CHARITABLE LEAD TRUST (1) TRUST INVESTMENTS MN UNIVERSITY OF ST THOMAS Trust true false false false false false false false false false false false false false false false false false false false