Form990
Click to see attachment
Department of the TreasuryInternal Revenue Service
Return of Organization Exempt From Income Tax
Under section 501(c), 527, or 4947(a)(1) of the Internal Revenue Code (except private
foundations)
MediumBullet Do not enter social security numbers on this form as it may be made public.
MediumBullet Information about Form 990 and its instructions is at www.IRS.gov/form990.
OMB No. 1545-0047
2015
Open to Public Inspection
A For the 2015 calendar year, or tax year beginning 07-01-2015 , and ending 06-30-2016
BCheck if applicable:
CName of organization
UNIVERSITY OF CHICAGO
 
 
Doing business as
 
 
Number and street (or P.O. box if mail is not delivered to street address)
6054 S DREXEL AVENUE NO 300
 
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
CHICAGO, IL60637
D Employer identification number

36-2177139
E Telephone number

G Gross receipts $ 3,902,358,659
F Name and address of principal officer:
ROBERT J ZIMMER
6054 S DREXEL AVENUE NO 300
CHICAGO,IL60637
I
Tax-exempt status: (   ) LeftBullet (insert no.) or
J
Website:MediumBullet
WWW.UCHICAGO.EDU
H(a)
Is this a group return for
subordinates?
H(b)
Are all subordinates
included?
If "No," attach a list. (see instructions)
H(c)
Group exemption number MediumBullet  
K Form of organization:  
L Year of formation: 1890
M State of legal domicile: IL
Part I
Summary
Activities & Governance 1 Briefly describe the organization’s mission or most significant activities: THE MISSION OF THE UNIVERSITY OF CHICAGO HAS BEEN TO SUSTAIN AT THE HIGHEST LEVEL OF EXCELLENCE, THE COMMUNICATION OF KNOWLEDGE, THE CREATION OF KNOWLEDGE AND THE FOSTERING OF A DYNAMIC COMMUNITY OF SCHOLARS AND STUDENTS.
2 Check this box MediumBullet
3 Number of voting members of the governing body (Part VI, line 1a) ........ 3 54
4 Number of independent voting members of the governing body (Part VI, line 1b) ..... 4 47
5 Total number of individuals employed in calendar year 2015 (Part V, line 2a) ...... 5 25,036
6 Total number of volunteers (estimate if necessary) ............. 6 6,900
7a Total unrelated business revenue from Part VIII, column (C), line 12 ........ 7a 7,497,710
b Net unrelated business taxable income from Form 990-T, line 34 ......... 7b 0
Revenues Prior Year Current Year
8 Contributions and grants (Part VIII, line 1h) ......... 1,524,767,840 1,621,056,667
9 Program service revenue (Part VIII, line 2g) ......... 1,346,361,123 1,355,422,351
10 Investment income (Part VIII, column (A), lines 3, 4, and 7d ) .... 385,154,537 219,733,890
11 Other revenue (Part VIII, column (A), lines 5, 6d, 8c, 9c, 10c, and 11e) 76,793,137 48,523,736
12 Total revenue—add lines 8 through 11 (must equal Part VIII, column (A), line 12) 3,333,076,637 3,244,736,644
Expenses; 13 Grants and similar amounts paid (Part IX, column (A), lines 1–3 )... 386,097,163 428,373,246
14 Benefits paid to or for members (Part IX, column (A), line 4)..... 0 0
15 Salaries, other compensation, employee benefits (Part IX, column (A), lines 5–10) 1,811,555,742 1,845,038,574
16a Professional fundraising fees (Part IX, column (A), line 11e) ..... 543,241 552,894
b Total fundraising expenses (Part IX, column (D), line 25) MediumBullet70,940,291    
17 Other expenses (Part IX, column (A), lines 11a–11d, 11f–24e).... 1,154,070,918 1,148,065,766
18 Total expenses. Add lines 13–17 (must equal Part IX, column (A), line 25) 3,352,267,064 3,422,030,480
19 Revenue less expenses. Subtract line 18 from line 12....... -19,190,427 -177,293,836
Net Assets or Fund Balances; Beginning of Current Year End of Year
20 Total assets (Part X, line 16)............. 10,868,194,860 10,820,592,775
21 Total liabilities (Part X, line 26)............. 4,286,577,860 4,728,158,775
22 Net assets or fund balances. Subtract line 21 from line 20..... 6,581,617,000 6,092,434,000
Part II
Signature Block
Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than officer) is based on all information of which preparer has any knowledge.
Sign Here
JumboBullet
Signature of officer Date
JumboBullet
Type or print name and title
Paid Preparer Use Only
Print/Type preparer's name
Preparer's signature
Date
PTIN
Firm's name MediumBullet
Firm's EIN MediumBullet
Firm's address MediumBullet



Phone no.
May the IRS discuss this return with the preparer shown above? (see instructions) ..........
For Paperwork Reduction Act Notice, see the separate instructions.
Cat. No. 11282Y Form 990 (2015)
Form 990 (2015)
Page 2
Part III
Statement of Program Service Accomplishments
Check if Schedule O contains a response or note to any line in this Part III ..............
1
Briefly describe the organization’s mission: THE MISSION OF THE UNIVERSITY OF CHICAGO HAS BEEN TO SUSTAIN AT THE HIGHEST LEVEL OF EXCELLENCE, THE COMMUNICATION OF KNOWLEDGE, THE CREATION OF KNOWLEDGE AND THE FOSTERING OF A DYNAMIC COMMUNITY OF SCHOLARS AND STUDENTS.
2
Did the organization undertake any significant program services during the year which were not listed on
the prior Form 990 or 990-EZ? .....................
If "Yes," describe these new services on Schedule O.
3
Did the organization cease conducting, or make significant changes in how it conducts, any program
services? ...........................
If "Yes," describe these changes on Schedule O.
4
Describe the organization’s program service accomplishments for each of its three largest program services, as measured by expenses. Section 501(c)(3) and 501(c)(4) organizations are required to report the amount of grants and allocations to others, the total expenses, and revenue, if any, for each program service reported.
4a (Code:   ) (Expenses $ 794,508,917 including grants of $   ) (Revenue $ 778,381,950 )
INSTRUCTION:IN 2015-2016, THE UNIVERSITY ENROLLED 15,688 STUDENTS, OF THAT TOTAL, 5,869 WERE UNDERGRADUATE STUDENTS IN THE COLLEGE (THE UNIVERSITY'S UNDERGRADUATE SCHOOL), 3,811 WERE GRADUATE STUDENTS, 5,339 WERE STUDENTS IN THE UNIVERSITY'S PROFESSIONAL SCHOOLS AND 669 WERE NON-DEGREE STUDENTS.
4b (Code:   ) (Expenses $ 855,478,602 including grants of $ 43,609,764 ) (Revenue $ 417,494,992 )
RESEARCH:UNIVERSITY OF CHICAGO FACULTY CROSS TRADITIONAL DISCIPLINARY BOUNDARIES TO TRANSFORM UNDERSTANDINGS IN BUSINESS, ECONOMICS, HISTORY, LAW, LITERATURE, RELIGION, PHYSICS, CHEMISTRY AND BIOLOGY AND MEDICINE, AMONG OTHER FIELDS. IN PURSUIT OF THESE RESEARCH ENDEAVORS, DURING FISCAL YEAR 2015-2016 THE UNIVERSITY WAS AWARDED A TOTAL OF $479 MILLION IN RESEARCH FUNDING FROM FEDERAL AGENCIES, NON-FEDERAL GOVERNMENT ENTITIES, CORPORATIONS, FOUNDATIONS AND OTHER SOURCES. THIS FISCAL YEAR $316.2 MILLION WAS EXPENDED FROM FEDERAL GOVERNMENT SPONSORS OF RESEARCH, WITH THE U.S. DEPARTMENT OF HEALTH AND HUMAN SERVICES AND THE NATIONAL SCIENCE FOUNDATION PROVIDING THE LARGEST AMOUNTS OF FUNDING. FOUNDATION RESEARCH SPONSORSHIP AWARDS TOTALED $60.5 MILLION, FOLLOWED BY CORPORATE RESEARCH SPONSORSHIP OF $79.4 MILLION. THE UNIVERSITY ALSO CONDUCTS SCIENTIFIC RESEARCH IN COLLABORATION WITH ARGONNE NATIONAL LABORATORY, OWNED BY THE UNITED STATES GOVERNMENT AND OPERATED BY THE UNIVERSITY THROUGH A DISREGARDED ENTITY, UNDER THE TERMS OF A COST REIMBURSEMENT CONTRACT WITH THE U.S. DEPARTMENT OF ENERGY. ARGONNE IS A MULTI-PURPOSE SCIENCE LABORATORY WITH A $760.7 MILLION ANNUAL BUDGET AND APPROXIMATELY 3600 EMPLOYEES. PROGRAM SERVICE RESEARCH EXPENDITURES WERE $540.7 MILLION AND ARE INCLUDED IN THE RESEARCH PROGRAM SERVICE EXPENSE AMOUNT, AS IS REQUIRED FOR A DISREGARDED ENTITY.IN ADDITION, FERMI RESEARCH ALLIANCE, LLC, AN ENTITY JOINTLY OWNED BY THE UNIVERSITY AND UNIVERSITIES RESEARCH ASSOCIATION INC., OPERATES FERMI NATIONAL ACCELERATOR LABORATORY ("FERMILAB") FOR THE U.S. DEPARTMENT OF ENERGY. FERMILAB IS THE NATION'S PREEMINENT CENTER FOR HIGH-ENERGY PHYSICS AND AN INTERNATIONAL CENTER FOR SCIENTIFIC RESEARCH IN ELEMENTARY PARTICLE PHYSICS AND ASTROPHYSICS. FERMILAB HAS A $422 MILLION ANNUAL BUDGET AND APPROXIMATELY 1800 EMPLOYEES.
4c (Code:   ) (Expenses $ 383,447,437 including grants of $ 383,447,437 ) (Revenue $   )
SCHOLARSHIPS & FELLOWSHIPS:THE UNIVERSITY IS A NEED BLIND INSTITUTION WITH AN EXTENSIVE FINANCIAL AID PROGRAM WHICH IS DESIGNED TO ENABLE THE MOST QUALIFIED STUDENTS TO ATTEND THE UNIVERSITY REGARDLESS OF THEIR FINANCIAL CIRCUMSTANCES. FOR THE 2015-2016 ACADEMIC YEAR, APPROXIMATELY 60 PERCENT OF ALL STUDENTS IN THE COLLEGE RECEIVED FINANCIAL AID IN THE FORM OF GRANTS AND SCHOLARSHIPS. UNIVERSITY-WIDE EXPENDITURES FOR SCHOLARSHIPS AND FELLOWSHIPS AMOUNTED TO $347.1 MILLION. OF THIS AMOUNT, APPROXIMATELY $263.2 MILLION WAS PROVIDED FROM UNRESTRICTED FUNDS; THE REMAINING $83.9 MILLION CAME FROM RESTRICTED SOURCES. APPROXIMATELY 20% OF STUDENTS IN THE COLLEGE (THE UNIVERSITY'S UNDERGRADUATE COLLEGE) CURRENTLY RECEIVE ODYSSEY SCHOLARSHIPS. THE ODYSSEY SCHOLARSHIPS PROVIDE INCREASED ACCESS FOR LOW-INCOME AND MODERATE-INCOME STUDENTS BY ELIMINATING LOANS FOR THOSE WITH FAMILY INCOME BELOW $90,000, PROVIDING FUNDS FOR OTHER EDUCATIONAL OPPORTUNITIES LIKE STUDY ABROAD, AND PROVIDING A PAID INTERNSHIP AFTER THE STUDENT'S FIRST YEAR IN THE COLLEGE.IN OCTOBER 2014, THE UNIVERSITY LAUNCHED THE NO BARRIERS PROGRAM TO ELIMINATE THE STUDENT LOAN REQUIREMENT FROM ALL UNDERGRADUATE, NEED-BASED FINANCIAL AID PACKAGES. THE LOANS WERE REPLACED BY THE UNIVERSITY WITH DIRECT GRANTS.THE UNIVERSITY EXPANDED ITS GRADUATE AID INITIATIVE, A PROGRAM THAT INVESTS APPROXIMATELY $310,000 IN THE EDUCATION OF EACH PH.D. STUDENT IN THE HUMANITIES, SOCIAL SCIENCES AND DIVINITY SCHOOL. THESE PROGRAMS ARE IN ADDITION TO THE UNIVERSITY'S LONGSTANDING COMMITMENT TO FINANCIAL ASSISTANCE FOR STUDENTS.
(Code:   ) (Expenses $ 937,303,689 including grants of $ 1,316,044 ) (Revenue $ 159,545,409 )
THE OTHER PROGRAM SERVICES THAT SUPPORT THE MISSION OF INSTRUCTION AND RESEARCH ARE:AUXILIARY ENTERPRISESLIBRARYOTHER STUDENT SERVICESINFORMATION SERVICESOPERATION AND MAINTENANCE OF PLANT
4d Other program services (Describe in Schedule O.)
(Expenses $ 937,303,689 including grants of $ 1,316,044 ) (Revenue $ 159,545,409 )
4e Total program service expensesMediumBullet2,970,738,645
Form 990 (2015)
Form 990 (2015)
Page 3
Part IV
Checklist of Required Schedules
Yes
No
1
Is the organization described in section 501(c)(3) or 4947(a)(1) (other than a private foundation)? If "Yes," complete Schedule AClick to see attachment.....................
1
Yes
 
2
Is the organization required to complete Schedule B, Schedule of Contributors (see instructions)? Click to see attachment...
2
Yes
 
3
Did the organization engage in direct or indirect political campaign activities on behalf of or in opposition to candidates for public office? If "Yes," complete Schedule C, Part IClick to see attachment.............
3
 
No
4
Section 501(c)(3) organizations. Did the organization engage in lobbying activities, or have a section 501(h) election in effect during the tax year? If "Yes," complete Schedule C, Part IIClick to see attachment..............
4
Yes
 
5
Is the organization a section 501(c)(4), 501(c)(5), or 501(c)(6) organization that receives membership dues, assessments, or similar amounts as defined in Revenue Procedure 98-19? If "Yes," complete Schedule C, Part IIIClick to see attachment.................
5
 
No
6
Did the organization maintain any donor advised funds or any similar funds or accounts for which donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts? If "Yes," complete Schedule D, Part IClick to see attachment..................
6
 
No
7
Did the organization receive or hold a conservation easement, including easements to preserve open space,
the environment, historic land areas, or historic structures? If "Yes," complete Schedule D, Part IIClick to see attachment...
7
 
No
8
Did the organization maintain collections of works of art, historical treasures, or other similar assets? If "Yes," complete Schedule D, Part III Click to see attachment.............
8
Yes
 
9
Did the organization report an amount in Part X, line 21 for escrow or custodial account liability; serve as a custodian for amounts not listed in Part X; or provide credit counseling, debt management, credit repair, or debt negotiation services? If "Yes," complete Schedule D, Part IVClick to see attachment..............
9
 
No
10
Did the organization, directly or through a related organization, hold assets in temporarily restricted endowments, permanent endowments, or quasi-endowments? If "Yes," complete Schedule D, Part VClick to see attachment......
10
Yes
 
11
If the organization’s answer to any of the following questions is "Yes," then complete Schedule D, Parts VI, VII, VIII, IX, or X as applicable.
a
Did the organization report an amount for land, buildings, and equipment in Part X, line 10?
If "Yes," complete Schedule D, Part VI.Click to see attachment...................
11a
Yes
 
b
Did the organization report an amount for investments—other securities in Part X, line 12 that is 5% or more of its total assets reported in Part X, line 16? If "Yes," complete Schedule D, Part VIIClick to see attachment.......
11b
Yes
 
c
Did the organization report an amount for investments—program related in Part X, line 13 that is 5% or more of its total assets reported in Part X, line 16? If "Yes," complete Schedule D, Part VIIIClick to see attachment.......
11c
 
No
d
Did the organization report an amount for other assets in Part X, line 15 that is 5% or more of its total assets reported in Part X, line 16? If "Yes," complete Schedule D, Part IXClick to see attachment............
11d
 
No
e
Did the organization report an amount for other liabilities in Part X, line 25? If "Yes," complete Schedule D, Part XClick to see attachment
11e
Yes
 
f
Did the organization’s separate or consolidated financial statements for the tax year include a footnote that addresses the organization’s liability for uncertain tax positions under FIN 48 (ASC 740)? If "Yes," complete Schedule D, Part XClick to see attachment
11f
Yes
 
12a
Did the organization obtain separate, independent audited financial statements for the tax year?
If "Yes," complete Schedule D, Parts XI and XII Click to see attachment.................
12a
Yes
 
b
Was the organization included in consolidated, independent audited financial statements for the tax year? If "Yes," and if the organization answered "No" to line 12a, then completing Schedule D, Parts XI and XII is optional Click to see attachment
12b
Yes
 
13
Is the organization a school described in section 170(b)(1)(A)(ii)? If "Yes," complete Schedule EClick to see attachment
13
Yes
 
14a
Did the organization maintain an office, employees, or agents outside of the United States? .....
14a
Yes
 
b
Did the organization have aggregate revenues or expenses of more than $10,000 from grantmaking, fundraising, business, investment, and program service activities outside the United States, or aggregate foreign investments valued at $100,000 or more? If "Yes," complete Schedule F, Parts I and IV.........Click to see attachment
14b
Yes
 
15
Did the organization report on Part IX, column (A), line 3, more than $5,000 of grants or other assistance to or for any foreign organization? If “Yes,” complete Schedule F, Parts II and IV.....Click to see attachment
15
Yes
 
16
Did the organization report on Part IX, column (A), line 3, more than $5,000 of aggregate grants or other assistance to or for foreign individuals? If “Yes,” complete Schedule F, Parts III and IV...Click to see attachment
16
Yes
 
17
Did the organization report a total of more than $15,000 of expenses for professional fundraising services on Part IX, column (A), lines 6 and 11e? If "Yes," complete Schedule G, Part I (see instructions) ....Click to see attachment
17
Yes
 
18
Did the organization report more than $15,000 total of fundraising event gross income and contributions on Part VIII, lines 1c and 8a? If "Yes," complete Schedule G, Part II............ Click to see attachment
18
Yes
 
19
Did the organization report more than $15,000 of gross income from gaming activities on Part VIII, line 9a? If "Yes," complete Schedule G, Part III...................Click to see attachment
19
 
No
20a
Did the organization operate one or more hospital facilities? If "Yes," complete Schedule H....
20a
 
No
b
If "Yes" to line 20a, did the organization attach a copy of its audited financial statements to this return?
20b
 
 
Form 990 (2015)
Form 990 (2015)
Page 4
Part IV
Checklist of Required Schedules (continued)
21
Did the organization report more than $5,000 of grants or other assistance to any domestic organization or domestic government on Part IX, column (A), line 1? If “Yes,” complete Schedule I, Parts I and II.....Click to see attachment
21
Yes
 
22
Did the organization report more than $5,000 of grants or other assistance to or for domestic individuals on Part IX, column (A), line 2? If “Yes,” complete Schedule I, Parts I and III........Click to see attachment
22
Yes
 
23
Did the organization answer "Yes" to Part VII, Section A, line 3, 4, or 5 about compensation of the organization’s current and former officers, directors, trustees, key employees, and highest compensated employees? If "Yes," complete Schedule J....................... Click to see attachment
23
Yes
 
24a
Did the organization have a tax-exempt bond issue with an outstanding principal amount of more than $100,000 as of the last day of the year, that was issued after December 31, 2002? If “Yes,” answer lines 24b through 24d and complete Schedule K. If “No,” go to line 25a...............Click to see list of attachments
24a
Yes
 
b
Did the organization invest any proceeds of tax-exempt bonds beyond a temporary period exception?...
24b
 
No
c
Did the organization maintain an escrow account other than a refunding escrow at any time during the year
to defease any tax-exempt bonds? ...............
24c
 
No
d
Did the organization act as an "on behalf of" issuer for bonds outstanding at any time during the year?...
24d
 
No
25a
Section 501(c)(3), 501(c)(4), and 501(c)(29) organizations. Did the organization engage in an excess benefit transaction with a disqualified person during the year? If "Yes," complete Schedule L, Part I............ Click to see attachment
25a
 
No
b
Is the organization aware that it engaged in an excess benefit transaction with a disqualified person in a prior year, and that the transaction has not been reported on any of the organization’s prior Forms 990 or 990-EZ? If "Yes," complete Schedule L, Part I ...................Click to see attachment
25b
 
No
26
Did the organization report any amount on Part X, line 5, 6, or 22 for receivables from or payables to any current or former officers, directors, trustees, key employees, highest compensated employees, or disqualified persons? If "Yes," complete Schedule L, Part II ................Click to see attachment
26
Yes
 
27
Did the organization provide a grant or other assistance to an officer, director, trustee, key employee, substantial contributor or employee thereof, a grant selection committee member, or to a 35% controlled entity or family member of any of these persons? If "Yes," complete Schedule L, Part III......... Click to see attachment
27
 
No
28
Was the organization a party to a business transaction with one of the following parties (see Schedule L, Part IV instructions for applicable filing thresholds, conditions, and exceptions):
a
A current or former officer, director, trustee, or key employee? If "Yes," complete Schedule L,
Part IV ........................Click to see attachment
28a
 
No
b
A family member of a current or former officer, director, trustee, or key employee? If "Yes," complete Schedule L, Part IV.....................Click to see attachment
28b
Yes
 
c
An entity of which a current or former officer, director, trustee, or key employee (or a family member thereof) was an officer, director, trustee, or direct or indirect owner? If "Yes," complete Schedule L, Part IV... Click to see attachment
28c
Yes
 
29
Did the organization receive more than $25,000 in non-cash contributions? If "Yes," complete Schedule M..Click to see attachment
29
Yes
 
30
Did the organization receive contributions of art, historical treasures, or other similar assets, or qualified conservation contributions? If "Yes," complete Schedule M .............Click to see attachment
30
Yes
 
31
Did the organization liquidate, terminate, or dissolve and cease operations? If "Yes," complete Schedule N, Part I.
31
 
No
32
Did the organization sell, exchange, dispose of, or transfer more than 25% of its net assets? If "Yes," complete Schedule N, Part II ...........
32
 
No
33
Did the organization own 100% of an entity disregarded as separate from the organization under Regulations sections 301.7701-2 and 301.7701-3? If "Yes," complete Schedule R, Part I ........Click to see attachment
33
Yes
 
34
Was the organization related to any tax-exempt or taxable entity? If "Yes," complete Schedule R, Part II, III, or IV, and Part V, line 1.........................Click to see attachment
34
Yes
 
35a
Did the organization have a controlled entity within the meaning of section 512(b)(13)?
35a
Yes
 
b
If ‘Yes’ to line 35a, did the organization receive any payment from or engage in any transaction with a controlled entity within the meaning of section 512(b)(13)? If "Yes," complete Schedule R, Part V, line 2 ...Click to see attachment
35b
Yes
 
36
Section 501(c)(3) organizations. Did the organization make any transfers to an exempt non-charitable related organization? If "Yes," complete Schedule R, Part V, line 2............. Click to see attachment
36
Yes
 
37
Did the organization conduct more than 5% of its activities through an entity that is not a related organization and that is treated as a partnership for federal income tax purposes? If "Yes," complete Schedule R, Part VIClick to see attachment
37
 
No
38
Did the organization complete Schedule O and provide explanations in Schedule O for Part VI, lines 11b and 19? Note. All Form 990 filers are required to complete Schedule O. ............
38
Yes
 
Form 990 (2015)
Form 990 (2015)
Page 5
Part V
Statements Regarding Other IRS Filings and Tax Compliance
Check if Schedule O contains a response or note to any line in this Part V...........
Yes
No
1a
Enter the number reported in Box 3 of Form 1096 Enter -0- if not applicable ..
1a
24,328
b
Enter the number of Forms W-2G included in line 1a. Enter -0- if not applicable .
1b
0
c
Did the organization comply with backup withholding rules for reportable payments to vendors and reportable gaming (gambling) winnings to prize winners? ..................
1c
Yes
 
2a
Enter the number of employees reported on Form W-3, Transmittal of Wage and
Tax Statements, filed for the calendar year ending with or within the year covered by this return ..................
2a
25,036
b
If at least one is reported on line 2a, did the organization file all required federal employment tax returns?
Note. If the sum of lines 1a and 2a is greater than 250, you may be required to e-file (see instructions)
2b
Yes
 
3a
Did the organization have unrelated business gross income of $1,000 or more during the year?...
3a
Yes
 
b
If “Yes,” has it filed a Form 990-T for this year? If “No” to line 3b, provide an explanation in Schedule O...
3b
Yes
 
4a
At any time during the calendar year, did the organization have an interest in, or a signature or other authority over, a financial account in a foreign country (such as a bank account, securities account, or other financial account)? ..
4a
Yes
 
b
If "Yes," enter the name of the foreign country: MediumBulletAS , BG , BE , BR , CH , HR , DA , EG , FI , FR , GM , HK , IN , ID , IT , KS , MY , SW , SN , SP , RP , NL , MX , UK , TW , SZ
See instructions for filing requirements for FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR).
5a
Was the organization a party to a prohibited tax shelter transaction at any time during the tax year? ..
5a
 
No
b
Did any taxable party notify the organization that it was or is a party to a prohibited tax shelter transaction?
5b
 
No
c
If "Yes," to line 5a or 5b, did the organization file Form 8886-T? ............
5c
 
 
6a
Does the organization have annual gross receipts that are normally greater than $100,000, and did the organization solicit any contributions that were not tax deductible as charitable contributions? ...
6a
Yes
 
b
If "Yes," did the organization include with every solicitation an express statement that such contributions or gifts were not tax deductible? ......................
6b
Yes
 
7
Organizations that may receive deductible contributions under section 170(c).
a
Did the organization receive a payment in excess of $75 made partly as a contribution and partly for goods and services provided to the payor? ....................
7a
Yes
 
b
If "Yes," did the organization notify the donor of the value of the goods or services provided? .....
7b
Yes
 
c
Did the organization sell, exchange, or otherwise dispose of tangible personal property for which it was required to file Form 8282? .........................
7c
 
No
d
If "Yes," indicate the number of Forms 8282 filed during the year ....
7d
 
e
Did the organization receive any funds, directly or indirectly, to pay premiums on a personal benefit contract?
7e
 
 
f
Did the organization, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ..
7f
 
 
g
If the organization received a contribution of qualified intellectual property, did the organization file Form 8899 as required? ......................
7g
 
 
h
If the organization received a contribution of cars, boats, airplanes, or other vehicles, did the organization file a Form 1098-C? ..........................
7h
 
 
8
Sponsoring organizations maintaining donor advised funds.
Did a donor advised fund maintained by the sponsoring organization have excess business holdings at any time during the year? .........................
8
 
 
9a
Did the sponsoring organization make any taxable distributions under section 4966?...
9a
 
 
b
Did the sponsoring organization make a distribution to a donor, donor advisor, or related person?...
9b
 
 
10
Section 501(c)(7) organizations. Enter:
a
Initiation fees and capital contributions included on Part VIII, line 12 ...
10a
 
b
Gross receipts, included on Form 990, Part VIII, line 12, for public use of club facilities
10b
 
11
Section 501(c)(12) organizations. Enter:
a
Gross income from members or shareholders .........
11a
 
b
Gross income from other sources (Do not net amounts due or paid to other sources against amounts due or received from them.) ..........
11b
 
12a
Section 4947(a)(1) non-exempt charitable trusts. Is the organization filing Form 990 in lieu of Form 1041?
12a
 
 
b
If "Yes," enter the amount of tax-exempt interest received or accrued during the year.
12b
 
13
Section 501(c)(29) qualified nonprofit health insurance issuers.
a
Is the organization licensed to issue qualified health plans in more than one state?
Note. See the instructions for additional information the organization must report on Schedule O.
13a
 
 
b
Enter the amount of reserves the organization is required to maintain by the states in which the organization is licensed to issue qualified health plans ....
13b
 
c
Enter the amount of reserves on hand ............
13c
 
14a
Did the organization receive any payments for indoor tanning services during the tax year?.....
14a
 
No
b
If "Yes," has it filed a Form 720 to report these payments? If "No," provide an explanation in Schedule O..
14b
 
 
Form 990 (2015)
Form 990 (2015)
Page 6
Part VI
Governance, Management, and Disclosure For each "Yes" response to lines 2 through 7b below, and for a "No" response to lines 8a, 8b, or 10b below, describe the circumstances, processes, or changes in Schedule O. See instructions.
Check if Schedule O contains a response or note to any line in this Part VI ..............
Section A. Governing Body and Management
Yes
No
1a
Enter the number of voting members of the governing body at the end of the tax year
1a
54
If there are material differences in voting rights among members of the governing body, or if the governing body delegated broad authority to an executive committee or similar committee, explain in Schedule O.
b
Enter the number of voting members included in line 1a, above, who are independent
1b
47
2
Did any officer, director, trustee, or key employee have a family relationship or a business relationship with any other officer, director, trustee, or key employee? .................
2
Yes
 
3
Did the organization delegate control over management duties customarily performed by or under the direct supervision of officers, directors or trustees, or key employees to a management company or other person? .
3
 
No
4
Did the organization make any significant changes to its governing documents since the prior Form 990 was filed? ...........................
4
Yes
 
5
Did the organization become aware during the year of a significant diversion of the organization’s assets? .
5
 
No
6
Did the organization have members or stockholders? ................
6
 
No
7a
Did the organization have members, stockholders, or other persons who had the power to elect or appoint one or more members of the governing body? ....................
7a
 
No
b
Are any governance decisions of the organization reserved to (or subject to approval by) members, stockholders, or persons other than the governing body? ...................
7b
 
No
8
Did the organization contemporaneously document the meetings held or written actions undertaken during the year by the following:
a
The governing body? .......................
8a
Yes
 
b
Each committee with authority to act on behalf of the governing body? ............
8b
Yes
 
9
Is there any officer, director, trustee, or key employee listed in Part VII, Section A, who cannot be reached at the organization’s mailing address? If "Yes," provide the names and addresses in Schedule O.......
9
 
No
Section B. Policies (This Section B requests information about policies not required by the Internal Revenue Code.)
Yes
No
10a
Did the organization have local chapters, branches, or affiliates? ............
10a
 
No
b
If "Yes," did the organization have written policies and procedures governing the activities of such chapters, affiliates, and branches to ensure their operations are consistent with the organization's exempt purposes?
10b
 
 
11a
Has the organization provided a complete copy of this Form 990 to all members of its governing body before filing the form? ............................
11a
Yes
 
b
Describe in Schedule O the process, if any, used by the organization to review this Form 990. .....
12a
Did the organization have a written conflict of interest policy? If "No," go to line 13.......
12a
Yes
 
b
Were officers, directors, or trustees, and key employees required to disclose annually interests that could give rise to conflicts? ..........................
12b
Yes
 
c
Did the organization regularly and consistently monitor and enforce compliance with the policy? If "Yes," describe in Schedule O how this was done...................
12c
Yes
 
13
Did the organization have a written whistleblower policy? ...............
13
Yes
 
14
Did the organization have a written document retention and destruction policy? .........
14
Yes
 
15
Did the process for determining compensation of the following persons include a review and approval by independent persons, comparability data, and contemporaneous substantiation of the deliberation and decision?
a
The organization’s CEO, Executive Director, or top management official ...........
15a
Yes
 
b
Other officers or key employees of the organization ................
15b
Yes
 
If "Yes" to line 15a or 15b, describe the process in Schedule O (see instructions).
16a
Did the organization invest in, contribute assets to, or participate in a joint venture or similar arrangement with a taxable entity during the year? ......................
16a
 
No
b
If "Yes," did the organization follow a written policy or procedure requiring the organization to evaluate its participation in joint venture arrangements under applicable federal tax law, and take steps to safeguard the organization’s exempt status with respect to such arrangements? ............
16b
 
 
Section C. Disclosure
17
List the States with which a copy of this Form 990 is required to be filedMediumBullet
AK , AR , KY , MD , MA , NH , OK , OR , WA
18
Section 6104 requires an organization to make its Form 1023 (or 1024 if applicable), 990, and 990-T (501(c)(3)s only) available for public inspection. Indicate how you made these available. Check all that apply.
19
Describe in Schedule O whether (and if so, how) the organization made its governing documents, conflict of interest policy, and financial statements available to the public during the tax year.
20
State the name, address, and telephone number of the person who possesses the organization's books and records:
MediumBulletJOHN KROLL6054 S DREXEL AVENUE   CHICAGO,IL60637 (773) 702-1941
Form 990 (2015)
Form 990 (2015)
Page 7
Part VII
Compensation of Officers, Directors,Trustees, Key Employees, Highest Compensated Employees, and Independent Contractors
Check if Schedule O contains a response or note to any line in this Part VII ..............
Section A. Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees
1a Complete this table for all persons required to be listed. Report compensation for the calendar year ending with or within the organization’s tax year.
RoundBullet List all of the organization’s current officers, directors, trustees (whether individuals or organizations), regardless of amount
of compensation. Enter -0- in columns (D), (E), and (F) if no compensation was paid.

RoundBullet List all of the organization’s current key employees, if any. See instructions for definition of "key employee."
RoundBullet List the organization’s five current highest compensated employees (other than an officer, director, trustee or key employee)
who received reportable compensation (Box 5 of Form W-2 and/or Box 7 of Form 1099-MISC) of more than $100,000 from the
organization and any related organizations.

RoundBullet List all of the organization’s former officers, key employees, or highest compensated employees who received more than $100,000
of reportable compensation from the organization and any related organizations.

RoundBullet List all of the organization’s former directors or trustees that received, in the capacity as a former director or trustee of the
organization, more than $10,000 of reportable compensation from the organization and any related organizations.

List persons in the following order: individual trustees or directors; institutional trustees; officers; key employees; highest
compensated employees; and former such persons.
Check this box if neither the organization nor any related organization compensated any current officer, director, or trustee.
(A)
Name and Title 		(B)
Average hours per week (list any hours for related organizations below dotted line) 		(C)
Position (do not check more than one box, unless person is both an officer and a director/trustee) 		(D)
Reportable compensation from the organization (W- 2/1099-MISC) 		(E)
Reportable compensation from related organizations (W- 2/1099-MISC) 		(F)
Estimated amount of other compensation from the organization and related organizations
Individual Trustee or Director; Institutional Trustee; OfficerInd; Key Employee; Highest compensated employee; FormerOfcrDirectorTrusteeInd;
(1) ANDREW M ALPER......................................................................
TRUSTEE
 2.00
.................
  		X           0 0 0
(2) FRANK A BAKER......................................................................
TRUSTEE
 2.00
.................
  		X           0 0 0
(3) DAVID G BOOTH......................................................................
TRUSTEE
 2.00
.................
  		X           0 0 0
(4) DAVID B BROOKS......................................................................
TRUSTEE
 2.00
.................
  		X           0 0 0
(5) DEBRA A CAFARO......................................................................
TRUSTEE
 2.00
.................
  		X           0 0 0
(6) THOMAS A COLE......................................................................
TRUSTEE
 2.00
.................
  		X           0 0 0
(7) E DAVID COOLIDGE III......................................................................
TRUSTEE
 2.00
.................
  		X           0 0 0
(8) JAMES S CROWN......................................................................
TRUSTEE
 2.00
.................
  		X           0 0 0
(9) KATHARINE P DARROW......................................................................
TRUSTEE
 2.00
.................
  		X           0 0 0
(10) DANIEL L DOCTOROFF......................................................................
TRUSTEE
 2.00
.................
  		X           0 0 0
(11) BRADY W DOUGAN......................................................................
TRUSTEE
 2.00
.................
  		X           0 0 0
(12) CRAIG J DUCHOSSOIS......................................................................
TRUSTEE
 2.00
.................
  		X           0 0 0
(13) JOHN A EDWARDSON......................................................................
TRUSTEE
 2.00
.................
  		X           0 0 0
(14) JAMES S FRANK......................................................................
TRUSTEE
 2.00
.................
  		X           0 0 0
(15) JACK W FULLER......................................................................
TRUSTEE
 2.00
.................
  		X           0 0 0
(16) TIMOTHY M GEORGE......................................................................
TRUSTEE
 2.00
.................
  		X           0 0 0
(17) RODNEY L GOLDSTEIN......................................................................
TRUSTEE
 2.00
.................
  		X           0 0 0
Form 990 (2015)
Form 990 (2015)
Page 8
Part VII
Section A. Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees (continued)
(A)
Name and Title 		(B)
Average hours per week (list any hours for related organizations below dotted line) 		(C)
Position (do not check more than one box, unless person is both an officer and a director/trustee) 		(D)
Reportable compensation from the organization (W- 2/1099-MISC) 		(E)
Reportable compensation from related organizations (W- 2/1099-MISC) 		(F)
Estimated amount of other compensation from the organization and related organizations
Individual Trustee or Director; Institutional Trustee; OfficerInd; Key Employee; Highest compensated employee; FormerOfcrDirectorTrusteeInd;
(18) MARY LOUISE GORNO........................................................................
VICE CHAIR OF THE BOARD
 18.00
.......................   		X           0 0 0
(19) KATHRYN C GOULD........................................................................
TRUSTEE
 2.00
.......................   		X           0 0 0
(20) KENNETH C GRIFFIN........................................................................
TRUSTEE
 2.00
.......................   		X           0 0 0
(21) SANFORD J GROSSMAN........................................................................
TRUSTEE
 2.00
.......................   		X           0 0 0
(22) KING W HARRIS........................................................................
TRUSTEE
 2.00
.......................   		X           0 0 0
(23) KENNETH M JACOBS........................................................................
TRUSTEE
 2.00
.......................   		X           0 0 0
(24) KAREN L KATEN........................................................................
TRUSTEE
 2.00
.......................   		X           0 0 0
(25) DENNIS J KELLER........................................................................
TRUSTEE
 2.00
.......................   		X           0 0 0
(26) STEVEN A KERSTEN........................................................................
TRUSTEE
 2.00
.......................   		X           0 0 0
(27) JAMES M KILTS........................................................................
TRUSTEE
 2.00
.......................   		X           0 0 0
(28) MICHAEL J KLINGENSMITH........................................................................
TRUSTEE
 2.00
.......................   		X           0 0 0
(29) MICHAEL L KLOWDEN........................................................................
TRUSTEE
 2.00
.......................   		X           0 0 0
(30) RACHEL D KOHLER........................................................................
TRUSTEE
 2.00
.......................   		X           0 0 0
(31) ROBERT W LANE........................................................................
TRUSTEE
 2.00
.......................   		X           0 0 0
(32) CHARLES ASHBY LEWIS........................................................................
TRUSTEE
 2.00
.......................   		X           0 0 0
(33) JOHN LIEW........................................................................
TRUSTEE
 2.00
.......................   		X           0 0 0
(34) PETER W MAY........................................................................
TRUSTEE
 2.00
.......................   		X           0 0 0
(35) JOSEPH NEUBAUER........................................................................
CHAIRMAN OF THE BOARD
 18.00
.......................   		X           0 0 0
(36) EMILY NICKLIN........................................................................
TRUSTEE
 2.00
.......................   		X           0 0 0
(37) MICHAEL P POLSKY........................................................................
TRUSTEE
 2.00
.......................   		X           0 0 0
(38) MYRTLE S POTTER........................................................................
TRUSTEE
 2.00
.......................   		X           0 0 0
(39) THOMAS J PRITZKER........................................................................
TRUSTEE
 2.00
.......................   		X           0 0 0
(40) GURU RAMAKRISHNAN........................................................................
TRUSTEE
 2.00
.......................   		X           0 0 0
(41) JOHN W ROGERS JR........................................................................
TRUSTEE
 2.00
.......................   		X           0 0 0
(42) EMMANUEL ROMAN........................................................................
TRUSTEE
 2.00
.......................   		X           0 0 0
(43) ANDREW M ROSENFIELD........................................................................
TRUSTEE
 2.00
.......................   		X           0 0 0
(44) DAVID M RUBENSTEIN........................................................................
TRUSTEE
 2.00
.......................   		X           0 0 0
(45) ALVARO J SAIEH........................................................................
TRUSTEE
 2.00
.......................   		X           0 0 0
(46) NASSEF O SAWIRIS........................................................................
TRUSTEE
 2.00
.......................   		X           0 0 0
(47) STEVE G STEVANOVICH........................................................................
TRUSTEE
 2.00
.......................   		X           0 0 0
(48) ELIZABETH M THOMPSON........................................................................
TRUSTEE
 2.00
.......................   		X           0 0 0
(49) MARY A TOLAN........................................................................
TRUSTEE
 2.00
.......................   		X           0 0 0
(50) BYRON D TROTT........................................................................
TRUSTEE
 2.00
.......................   		X           0 0 0
(51) MARSHALL I WAIS........................................................................
TRUSTEE
 2.00
.......................   		X           0 0 0
(52) GREGORY W WENDT........................................................................
TRUSTEE
 2.00
.......................   		X           0 0 0
(53) DONALD R WILSON JR........................................................................
TRUSTEE
 2.00
.......................   		X           0 0 0
(54) PAULA WOLFF........................................................................
TRUSTEE
 2.00
.......................   		X           0 0 0
(55) PAUL G YOVOVICH........................................................................
TRUSTEE
 2.00
.......................   		X           0 0 0
(56) FRANCIS TF YUEN........................................................................
TRUSTEE
 2.00
.......................   		X           0 0 0
(57) ROBERT J ZIMMER........................................................................
PRESIDENT
 40.00
.......................16.00 		X           2,722,029 0 510,858
(58) ERIC ISAACS........................................................................
PROVOST
 40.00
.......................9.00 		    X       765,746 0 109,551
(59) ROWAN MIRANDA........................................................................
VP FOR OPERATIONS & CFO
 40.00
.......................11.00 		    X       726,581 0 80,401
(60) KAREN WARREN COLEMAN........................................................................
VP CAMPUS AND STUD. LIFE
 40.00
.......................   		    X       318,809 0 42,743
(61) DEREK DOUGLAS........................................................................
VP CIVIC ENGAGEMENT
 40.00
.......................8.00 		    X       482,367 0 72,686
(62) DAVID B FITHIAN........................................................................
EXECUTIVE VICE PRESIDENT
 40.00
.......................6.00 		    X       568,477 0 36,556
(63) KIMBERLY TAYLOR........................................................................
VP & GENERAL COUNSEL
 40.00
.......................14.00 		    X       633,810 0 78,542
(64) RICHARD IORIO........................................................................
VP & CHIEF HUMAN RESOURCE OFC.
 40.00
.......................   		    X       721,408 0 11,567
(65) DONALD H LEVY........................................................................
VP FOR RESEARCH
 40.00
.......................9.00 		    X       425,840 0 35,251
(66) JOHN LONGBRAKE........................................................................
VP COMMUNICATIONS
 40.00
.......................   		    X       129,685 0 38,362
(67) KENNETH MANOTTI........................................................................
VP ALUMNI RELATIONS & DEVL.
 40.00
.......................   		    X       608,928 0 35,181
(68) JAMES G NONDORF........................................................................
VP ENROLL. & STUDENT ADV.
 40.00
.......................   		    X       557,249 0 30,835
(69) JULIE PETERSON........................................................................
VP COMMUNICATIONS
 40.00
.......................   		    X       429,436 0 32,624
(70) KENNETH S POLONSKY........................................................................
EXEC. VP MEDICAL AFFAIRS
 40.00
.......................21.00 		    X       2,010,871 0 246,520
(71) DARREN REISBERG........................................................................
SECRETARY OF THE UNIVERSITY
 40.00
.......................1.00 		    X       296,475 0 31,935
(72) MARK A SCHMID........................................................................
VP AND CHIEF INVEST. OFFICER
 40.00
.......................   		    X       2,127,287 0 824,496
(73) IAN SOLOMON........................................................................
VP GLOBAL ENGAGEMENT
 40.00
.......................1.00 		    X       362,254 0 42,030
(74) KATIE CALLOW-WRIGHT........................................................................
VP & CHIEF OF STAFF
 40.00
.......................   		    X       259,267 0 51,116
(75) MICHAEL EDLESON........................................................................
INVESTMENT CHIEF RISK OFFICER
 40.00
.......................   		        X   1,133,610 0 391,008
(76) PATRICK O'HARA........................................................................
INV CHIEF OPERATING OFFICER
 40.00
.......................   		        X   1,128,642 0 396,717
(77) VALLUVAN JEEVANANDAM........................................................................
CHIEF CARDIAC & THORACIC SURG.
 40.00
.......................   		        X   1,251,942 0 41,602
(78) JOANNA RUPP........................................................................
MANAGING DIRECTOR - PRIV. EQUITY
 40.00
.......................   		        X   1,162,987 0 424,661
(79) ARIEH SHALHAV........................................................................
PROFESSOR & CHIEF
 40.00
.......................   		        X   1,157,637 0 29,791
(80) BETH A HARRIS........................................................................
INTERIM DIRECTOR LAB SCHOOLS
 40.00
.......................12.00 		          X 1,160,959 0 46,070
(81) EVERETT VOKES........................................................................
CHAIRMAN OF MEDICINE
 40.00
.......................   		          X 868,924 0 51,164
(82) SUNIL P KUMAR........................................................................
DEAN OF BOOTH SCH. OF BUS.
 40.00
.......................   		          X 619,755 0 52,740
1b Sub-Total................MediumBullet
c Total from continuation sheets to Part VII, Section A....MediumBullet
d Total (add lines 1b and 1c)...........MediumBullet 22,630,975 0 3,745,007
2
Total number of individuals (including but not limited to those listed above) who received more than $100,000 of reportable compensation from the organization MediumBullet3,716
Yes
No
3
Did the organization list any former officer, director or trustee, key employee, or highest compensated employee on line 1a? If "Yes," complete Schedule J for such individual ..............
3
Yes
 
4
For any individual listed on line 1a, is the sum of reportable compensation and other compensation from the organization and related organizations greater than $150,000? If "Yes," complete Schedule J for such
individual...........................
4
Yes
 
5
Did any person listed on line 1a receive or accrue compensation from any unrelated organization or individual for services rendered to the organization? If "Yes," complete Schedule J for such person ........
5
 
No
Section B. Independent Contractors
1
Complete this table for your five highest compensated independent contractors that received more than $100,000 of compensation from the organization. Report compensation for the calendar year ending with or within the organization’s tax year.
(A)
Name and business address 		(B)
Description of services 		(C)
Compensation
MORTENSON CONSTRUCTION

25 NORTHWEST POINT BLVD
ELK GROVE VILLAGE,IL60007 		CONSTRUCTION AND RELATED SERVICES 79,788,402
W E O'NEIL CONSTRUCTION CO

1245 W WASHINGTON BLVD
CHICAGO,IL60607 		CONSTRUCTION AND RELATED SERVICES 34,468,120
BULLEY & ANDREWS LLC

1755 W ARMITAGE AVENUE
CHICAGO,IL60622 		CONSTRUCTION AND RELATED SERVICES 29,447,303
LEND LEASE US

1 NORTH WACKER DRIVE
CHICAGO,IL60606 		CONSTRUCTION AND RELATED SERVICES 20,159,559
ARAMARK SERVICES

1101 MARKET STREET
PHILADELPHIA,PA19107 		FOOD SERVICE MANAGEMENT 16,532,999
2
Total number of independent contractors (including but not limited to those listed above) who received more than $100,000 of compensation from the organization MediumBullet1,063
Form 990 (2015)
Form 990 (2015)
Page 9
Part VIII
Statement of Revenue
Check if Schedule O contains a response or note to any line in this Part VIII .............
(A)
Total revenue 		(B)
Related or
exempt
function
revenue 		(C)
Unrelated
business
revenue 		(D)
Revenue
excluded from
tax under sections
512-514
Contributions, Gifts, GrantAmt and OtherAmt Similar Amounts 1a Federated campaigns..1a  
b Membership dues..1b  
c Fundraising events..1c 886,071
d Related organizations1d 71,750,000
e Government grants (contributions)1e 1,039,030,756
f All other contributions, gifts, grants, and similar amounts not included above1f 509,389,840
g Noncash contributions included in lines 1a-1f:$ 50,343,176
h Total.Add lines 1a-1f.......MediumBullet 1,621,056,667
Program Service RevenueAmt Business Code
2a TUITION AND FEES 611310 778,381,950 778,381,950    
b SALES & SERVICES EDUCATIONAL ACTI 900099 383,915,491 383,915,491    
c SALES & SERVICES AUX ENTERPRISES 611710 154,789,743 154,789,743    
d ARGONNE - OTHER 541900 33,579,501 33,579,501    
e FEE FROM GOVT AGENCIES 900099 4,755,666 4,755,666    
f All other program service revenue.        
g Total.Add lines 2a–2f.....MediumBullet 1,355,422,351
OtherAmt RevenueAmt 3 Investment income (including dividends, interest, and othersimilar amounts) ..........MediumBullet 64,603,367   241,695 64,361,672
4 Income from investment of tax-exempt bond proceedsMediumBullet 99,605     99,605
5 Royalties...........MediumBullet 12,280,389     12,280,389
(ii) Personal (i) Real
6a Gross rents   7,499,151
b Less: rental expenses   0
c Rental income or (loss)   7,499,151
d Net rental income or (loss)......MediumBullet 7,499,151     7,499,151
(ii) Other (i) Securities
7a Gross amount from sales of assets other than inventory   799,514,581
b Less: cost or other basis and sales expenses 8,378,293 636,105,370
c Gain or (loss) -8,378,293 163,409,211
d Net gain or (loss).....MediumBullet 155,030,918     155,030,918
8a Gross income from fundraising events (not including $ 886,071of contributions reported on line 1c). See Part IV, line 18 ....
a 223,069
b Less: direct expenses ...b 355,173
c Net income or (loss) from fundraising events..MediumBullet -132,104   -132,104
9a Gross income from gaming activities.
See Part IV, line 19 ...
a  
b Less: direct expenses ...b  
c Net income or (loss) from gaming activities..MediumBullet        
10a Gross sales of inventory, less
returns and allowances ..
a 51,977,775
b Less: cost of goods sold ..b 12,783,179
c Net income or (loss) from sales of inventory..MediumBullet 39,194,596 39,194,596    
Business Code Miscellaneous Revenue
11a CONFERENCES & CATERING 722320 6,216,445   6,216,445  
b ACTUARIAL ADJUSTMENT 900099 3,557,325 3,557,325    
c ADVERTISING 541800 72,885   72,885  
d All other revenue .... -20,164,951 -21,131,636 966,685  
e Total. Add lines 11a–11d ...... MediumBullet -10,318,296
12 Total revenue. See Instructions......MediumBullet 3,244,736,644 1,377,042,636 7,497,710 239,139,631
Form 990 (2015)
Form 990 (2015)
Page 10
Part IX
Statement of Functional Expenses
Section 501(c)(3) and 501(c)(4) organizations must complete all columns. All other organizations must complete column (A).Check if Schedule O contains a response or note to any line in this Part IX ..............
Do not include amounts reported on lines 6b,
7b, 8b, 9b, and 10b of Part VIII. 		(A)
Total expenses 		(B)
Program service expenses 		(C)
Management and general expenses 		(D)
Fundraising expenses
1 Grants and other assistance to domestic organizations and domestic governments. See Part IV, line 21 38,873,857 38,873,857
2 Grants and other assistance to individuals in the United States. See Part IV, line 22 379,673,694 379,673,694
3 Grants and other assistance to governments, organizations, and individuals outside the United States. See Part IV, lines 15 and 16 9,825,695 9,825,695
4 Benefits paid to or for members    
5 Compensation of current officers, directors, trustees, and key employees .... 14,217,934   13,602,934 615,000
6 Compensation not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B) ....        
7 Other salaries and wages 1,421,029,669 1,207,175,269 176,686,450 37,167,950
8 Pension plan accruals and contributions (include section 401(k) and 403(b) employer contributions) .... 78,862,691 67,483,768 9,396,324 1,982,599
9 Other employee benefits ....... 245,476,663 210,998,198 27,533,910 6,944,555
10 Payroll taxes ........... 85,451,617 74,153,069 8,908,556 2,389,992
11 Fees for services (non-employees):        
a Management ...... 45,871,800 40,317,143 3,511,601 2,043,056
b Legal ......... 5,791,308 72,517 5,718,791  
c Accounting ........... 955,557   955,557  
d Lobbying ........... 89,978   89,978  
e Professional fundraising services. See Part IV, line 17 552,894 552,894
f Investment management fees ...... 7,792,207   7,792,207  
g Other (If line 11g amount exceeds 10% of line 25, column (A) amount, list line 11g expenses on Schedule O) 116,907,129 94,047,983 22,859,146  
12 Advertising and promotion .... 8,364,654 8,184,214 180,440  
13 Office expenses ....... 182,369,988 144,785,278 31,256,420 6,328,290
14 Information technology ...... 33,451,439 22,462,195 10,309,107 680,137
15 Royalties .. 4,118,288 4,087,288 31,000  
16 Occupancy ........... 105,756,637 97,862,158 6,298,641 1,595,838
17 Travel ............ 58,046,283 49,582,449 6,614,291 1,849,543
18 Payments of travel or entertainment expenses for any federal, state, or local public officials .        
19 Conferences, conventions, and meetings .... 43,586,806 37,507,756 4,231,073 1,847,977
20 Interest ........... 114,027,384 114,027,384    
21 Payments to affiliates ....... 6,726,755   6,726,755  
22 Depreciation, depletion, and amortization .. 188,115,116 188,101,473 13,643  
23 Insurance ... 14,280,274 13,245,341 1,013,107 21,826
24 Other expenses. Itemize expenses not covered above (List miscellaneous expenses in line 24e. If line 24e amount exceeds 10% of line 25, column (A) amount, list line 24e expenses on Schedule O.)
a SUPPORT SERVICES 51,361,438 45,616,791 3,363,931 2,380,716
b ACTUARIAL ADJUSTMENTS 45,203,685 45,203,685    
c EQUIPMENT RENTAL & MAIN 31,901,446 28,847,429 1,788,361 1,265,656
d ALTERATIONS & REPAIRS 19,412,676 17,241,418 1,271,438 899,820
e All other expenses 63,934,918 31,362,593 30,197,883 2,374,442
25 Total functional expenses. Add lines 1 through 24e 3,422,030,480 2,970,738,645 380,351,544 70,940,291
26 Joint costs. Complete this line only if the organization reported in column (B) joint costs from a combined educational campaign and fundraising solicitation. Check here MediumBullet if following SOP 98-2 (ASC 958-720).        
Form 990 (2015)
Form 990 (2015)
Page 11
Part X
Balance Sheet
Check if Schedule O contains a response or note to any line in this Part IX ..............
(A)
Beginning of year 		(B)
End of year
Assets 1 Cash–non-interest-bearing ........ -2,728,462 1 -466,495
2 Savings and temporary cash investments ......... 371,334,945 2 416,085,495
3 Pledges and grants receivable, net ...... 567,035,419 3 658,020,285
4 Accounts receivable, net ............. 121,329,564 4 128,322,591
5 Loans and other receivables from current and former officers, directors, trustees, key employees, and highest compensated employees. Complete Part II of Schedule L
483,067 5 439,572
6 Loans and other receivables from other disqualified persons (as defined under section 4958(f)(1)), persons described in section 4958(c)(3)(B), and contributing employers and sponsoring organizations of section 501(c)(9) voluntary employees' beneficiary organizations (see instructions) Complete Part II of Schedule L
  6  
7 Notes and loans receivable, net .... 46,334,867 7 44,699,303
8 Inventories for sale or use ........ 7,164,489 8 6,956,494
9 Prepaid expenses and deferred charges ...... 41,856,122 9 43,539,980
10a Land, buildings, and equipment: cost or other basis. Complete Part VI of Schedule D 10a 5,060,873,166
b Less: accumulated depreciation 10b 1,899,638,993 3,041,081,413 10c 3,161,234,173
11 Investments—publicly traded securities . 2,226,027,855 11 1,979,545,396
12 Investments—other securities. See Part IV, line 11 ..... 4,385,853,010 12 4,355,032,812
13 Investments—program-related. See Part IV, line 11 ..   13  
14 Intangible assets ...............   14  
15 Other assets. See Part IV, line 11 ........... 62,422,571 15 27,183,169
16 Total assets. Add lines 1 through 15 (must equal line 34)... 10,868,194,860 16 10,820,592,775
Liabilities 17 Accounts payable and accrued expenses ..... 694,653,780 17 725,570,694
18 Grants payable ...   18  
19 Deferred revenue ......... 112,745,529 19 139,546,711
20 Tax-exempt bond liabilities ......... 2,082,074,376 20 2,268,064,070
21 Escrow or custodial account liability. Complete Part IV of Schedule D   21  
22 Loans and other payables to current and former officers, directors, trustees, key employees, highest compensated employees, and disqualified
persons. Complete Part II of Schedule L..   22  
23 Secured mortgages and notes payable to unrelated third parties .. 54,680,000 23 53,070,000
24 Unsecured notes and loans payable to unrelated third parties .. 1,214,557,398 24 1,360,878,694
25 Other liabilities (including federal income tax, payables to related third parties, and other liabilities not included on lines 17-24). Complete Part X of Schedule D 127,866,777 25 181,028,606
26 Total liabilities. Add lines 17 through 25.. 4,286,577,860 26 4,728,158,775
Net Assets or Fund Balance Organizations that follow SFAS 117 (ASC 958), check here MediumBullet and complete lines 27 through 29, and lines 33 and 34.
27 Unrestricted net assets 1,302,920,000 27 925,826,000
28 Temporarily restricted net assets ........... 3,483,685,000 28 3,199,727,000
29 Permanently restricted net assets 1,795,012,000 29 1,966,881,000
Organizations that do not follow SFAS 117 (ASC 958), check here MediumBullet and complete lines 30 through 34.
30 Capital stock or trust principal, or current funds .....   30  
31 Paid-in or capital surplus, or land, building or equipment fund ...   31  
32 Retained earnings, endowment, accumulated income, or other funds   32  
33 Total net assets or fund balances ........... 6,581,617,000 33 6,092,434,000
34 Total liabilities and net assets/fund balances ........ 10,868,194,860 34 10,820,592,775
Form 990 (2015)
Form 990 (2015)
Page 12
Part XI
Reconcilliation of Net Assets
Check if Schedule O contains a response or note to any line in this Part XI ..............
1
Total revenue (must equal Part VIII, column (A), line 12) ............
1
3,244,736,644
2
Total expenses (must equal Part IX, column (A), line 25) ............
2
3,422,030,480
3
Revenue less expenses. Subtract line 2 from line 1 ..............
3
-177,293,836
4
Net assets or fund balances at beginning of year (must equal Part X, line 33, column (A)) ..
4
6,581,617,000
5
Net unrealized gains (losses) on investments ...............
5
-311,888,632
6
Donated services and use of facilities .................
6
 
7
Investment expenses .....................
7
 
8
Prior period adjustments .....................
8
 
9
Other changes in net assets or fund balances (explain in Schedule O) ........
9
-532
10
Net assets or fund balances at end of year. Combine lines 3 through 9 (must equal Part X, line 33, column (B))
10
6,092,434,000
Part XII
Financial Statements and Reporting
Check if Schedule O contains a response or note to any line in this Part XII .............
Yes
No
1
Accounting method used to prepare the Form 990:  
If the organization changed its method of accounting from a prior year or checked "Other," explain in
Schedule O.
2a
Were the organization’s financial statements compiled or reviewed by an independent accountant?
2a
 
No
If ‘Yes,’ check a box below to indicate whether the financial statements for the year were compiled or reviewed on a separate basis, consolidated basis, or both:
b
Were the organization’s financial statements audited by an independent accountant?
2b
Yes
 
If ‘Yes,’ check a box below to indicate whether the financial statements for the year were audited on a separate basis, consolidated basis, or both:
c
If "Yes," to line 2a or 2b, does the organization have a committee that assumes responsibility for oversight of the audit, review, or compilation of its financial statements and selection of an independent accountant?
2c
Yes
 
If the organization changed either its oversight process or selection process during the tax year, explain in Schedule O.
3a
As a result of a federal award, was the organization required to undergo an audit or audits as set forth in the Single Audit Act and OMB Circular A-133?
3a
Yes
 
b
If "Yes," did the organization undergo the required audit or audits? If the organization did not undergo the required audit or audits, explain why in Schedule O and describe any steps taken to undergo such audits.
3b
Yes
 
Form 990 (2015)
Form 990 (2015)
Additional Data


Software ID:  
Software Version:  
Form 990, Special Condition Description:
Special Condition Description
SCHEDULE A
(Form 990 or 990EZ)

Department of the Treasury
Internal Revenue Service
Public Charity Status and Public Support
Complete if the organization is a section 501(c)(3) organization or a section 4947(a)(1) nonexempt charitable trust.
right arrow Attach to Form 990 or Form 990-EZ.
right arrow Information about Schedule A (Form 990 or 990-EZ) and its instructions is at www.irs.gov/form990.
OMB No. 1545-0047
2015
Open to Public
Inspection
Name of the organization
UNIVERSITY OF CHICAGO
 
Employer identification number

36-2177139
Part I
Reason for Public Charity Status (All organizations must complete this part.) See instructions.
The organization is not a private foundation because it is: (For lines 1 through 11, check only one box.)
1
2
3
4


5
6
7
8
9
10
11
a
b
c
d
e
f
Enter the number of supported organizations ..............  

g
Provide the following information about the supported organization(s).
(i)Name of supported organization (ii) EIN (iii) Type of organization (described on lines 1- 9 above (see instructions)) (iv) Is the organization listed in your governing document? (v) Amount of monetary support (see instructions) (vi) Amount of other support (see instructions)
Yes No
Total      

For Paperwork Reduction Act Notice, see the Instructions for
Form 990 or 990-EZ.
Cat. No. 11285F
Schedule A (Form 990 or 990-EZ) 2015

Schedule A (Form 990 or 990-EZ) 2015
Page 2
Part II
Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi)
(Complete only if you checked the box on line 5, 7, or 8 of Part I or if the organization failed to qualify under Part III. If the organization fails to qualify under the tests listed below, please complete Part III.)
Section A. Public Support
Calendar year (or fiscal year beginning in) right arrow (a) 2011 (b) 2012 (c) 2013 (d) 2014 (e) 2015 (f) Total
1 Gifts, grants, contributions, and membership fees received. (Do not include any unusual grants.) .... 668,467,430 1,464,776,423 1,572,513,441 1,524,767,840 1,621,056,667 6,851,581,801
2 Tax revenues levied for the organization's benefit and either paid to or expended on its behalf.......            
3 The value of services or facilities furnished by a governmental unit to the organization without charge..            
4 Total. Add lines 1 through 3 668,467,430 1,464,776,423 1,572,513,441 1,524,767,840 1,621,056,667 6,851,581,801
5 The portion of total contributions by each person (other than a governmental unit or publicly supported organization) included on line 1 that exceeds 2% of the amount shown on line 11, column (f)..  
6 Public support. Subtract line 5 from line 4. 6,851,581,801
Section B. Total Support
Calendar year (or fiscal year beginning in) right arrow (a) 2011 (b) 2012 (c) 2013 (d) 2014 (e) 2015 (f) Total
7 Amounts from line 4.. 668,467,430 1,464,776,423 1,572,513,441 1,524,767,840 1,621,056,667 6,851,581,801
8 Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources... 109,361,219 137,713,043 132,742,578 97,217,706 84,482,512 561,517,058
9 Net income from unrelated business activities, whether or not the business is regularly carried on.. 10,577,578       1,390,683 11,968,261
10 Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.).. 42,445,507 41,224,252 46,375,568 51,176,430 42,751,921 223,973,678
11 Total support. Add lines 7 through 10. 7,649,040,798
12
12
6,256,846,660
13
First five years. If the Form 990 is for the organization's first, second, third, fourth, or fifth tax year as a section 501(c)(3) organization, check this box and stop here........................................right arrow
Section C. Computation of Public Support Percentage
14
14
89.570 %
15
15
88.120 %
16a
b
17a
b
18
Private foundation. If the organization did not check a box on line 13, 16a, 16b, 17a, or 17b, check this box and see
instructions ..................................................... right arrow
Schedule A (Form 990 or 990-EZ) 2015

Schedule A (Form 990 or 990-EZ) 2015
Page 3
Part III
Support Schedule for Organizations Described in Section 509(a)(2)
(Complete only if you checked the box on line 9 of Part I or if the organization failed to qualify under Part II. If the organization fails to qualify under the tests listed below, please complete Part II.)
Section A. Public Support
Calendar year (or fiscal year beginning in) right arrow (a) 2011 (b) 2012 (c) 2013 (d) 2014 (e) 2015 (f) Total
1 Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") .            
2 Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose......            
3 Gross receipts from activities that are not an unrelated trade or business under section 513...            
4 Tax revenues levied for the organization's benefit and either paid to or expended on its behalf...            
5 The value of services or facilities furnished by a governmental unit to the organization without charge..            
6 Total. Add lines 1 through 5.            
7a Amounts included on lines 1, 2, and 3 received from disqualified persons...            
b Amounts included on lines 2 and 3 received from other than disqualified persons that exceed the greater of $5,000 or 1% of the amount on line 13 for the year.            
c Add lines 7a and 7b..            
8 Public support. (Subtract line 7c from line 6.)  
Section B. Total Support
Calendar year (or fiscal year beginning in) right arrow (a) 2011 (b) 2012 (c) 2013 (d) 2014 (e) 2015 (f) Total
9 Amounts from line 6...            
10a Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources..            
b Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975.            
c Add lines 10a and 10b.            
11 Net income from unrelated business activities not included in line 10b, whether or not the business is regularly carried on.            
12 Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.) ..            
13 Total support. (Add lines 9, 10c, 11, and 12.)..            
14
Section C. Computation of Public Support Percentage
15
15
 
16
16
 
Section D. Computation of Investment Income Percentage
17
17
 
18
18
 
19a
b
20
Schedule A (Form 990 or 990-EZ) 2015

Schedule A (Form 990 or 990-EZ) 2015
Page 4
Part IV
Supporting Organizations
(Complete only if you checked a box on line 11 of Part I. If you checked 11a of Part I, complete Sections A and B. If you checked 11b of Part I, complete Sections A and C. If you checked 11c of Part I, complete Sections A, D, and E. If you checked 11d of Part I, complete Sections A and D, and complete Part V.)
Section A. All Supporting Organizations
Yes
No
1
Are all of the organization’s supported organizations listed by name in the organization’s governing documents?
If "No," describe in Part VI how the supported organizations are designated. If designated by class or purpose,
describe the designation. If historic and continuing relationship, explain.
1
 
 
2
Did the organization have any supported organization that does not have an IRS determination of status under section 509(a)(1) or (2)? If "Yes," explain in Part VI how the organization determined that the supported organization was described in section 509(a)(1) or (2).
2
 
 
3a
Did the organization have a supported organization described in section 501(c)(4), (5), or (6)? If "Yes," answer (b) and (c) below.
3a
 
 
b
Did the organization confirm that each supported organization qualified under section 501(c)(4), (5), or (6) and satisfied the public support tests under section 509(a)(2)? If "Yes," describe in Part VI when and how the organization made the determination.
3b
 
 
c
Did the organization ensure that all support to such organizations was used exclusively for section 170(c)(2)(B) purposes? If "Yes," explain in Part VI what controls the organization put in place to ensure such use.
3c
 
 
4a
Was any supported organization not organized in the United States ("foreign supported organization")? If “Yes” and if you checked 11a or 11b in Part I, answer (b) and (c) below.
4a
 
 
b
Did the organization have ultimate control and discretion in deciding whether to make grants to the foreign supported organization? If “Yes,” describe in Part VI how the organization had such control and discretion despite being controlled or supervised by or in connection with its supported organizations.
4b
 
 
c
Did the organization support any foreign supported organization that does not have an IRS determination under sections 501(c)(3) and 509(a)(1) or (2)? If “Yes,” explain in Part VI what controls the organization used to ensure that all support to the foreign supported organization was used exclusively for section 170(c)(2)(B) purposes.
4c
 
 
5a
Did the organization add, substitute, or remove any supported organizations during the tax year? If “Yes,” answer (b) and (c) below (if applicable). Also, provide detail in Part VI, including (i) the names and EIN numbers of the supported organizations added, substituted, or removed; (ii) the reasons for each such action; (iii) the authority under the organization's organizing document authorizing such action; and (iv) how the action was accomplished (such as by amendment to the organizing document).
5a
 
 
b
Type I or Type II only. Was any added or substituted supported organization part of a class already designated in the organization's organizing document?
5b
 
 
c
Substitutions only. Was the substitution the result of an event beyond the organization's control?
5c
 
 
6
Did the organization provide support (whether in the form of grants or the provision of services or facilities) to anyone other than (i) its supported organizations, (ii) individuals that are part of the charitable class benefited by one or more of its supported organizations, or (iii) other supporting organizations that also support or benefit one or more of the filing organization’s supported organizations? If “Yes,” provide detail in Part VI.
6
 
 
7
Did the organization provide a grant, loan, compensation, or other similar payment to a substantial contributor (defined in section 4958(c)(3)(C)), a family member of a substantial contributor, or a 35% controlled entity with regard to a substantial contributor? If “Yes,” complete Part I of Schedule L (Form 990 or 990-EZ) .
7
 
 
8
Did the organization make a loan to a disqualified person (as defined in section 4958) not described in line 7? If “Yes,” complete Part I of Schedule L (Form 990 or 990-EZ).
8
 
 
9a
Was the organization controlled directly or indirectly at any time during the tax year by one or more disqualified persons as defined in section 4946 (other than foundation managers and organizations described in section 509(a)(1) or (2))? If “Yes,” provide detail in Part VI.
9a
 
 
b
Did one or more disqualified persons (as defined in line 9a) hold a controlling interest in any entity in which the supporting organization had an interest? If “Yes,” provide detail in Part VI.
9b
 
 
c
Did a disqualified person (as defined in line 9a) have an ownership interest in, or derive any personal benefit from, assets in which the supporting organization also had an interest? If “Yes,” provide detail in Part VI.
9c
 
 
10a
Was the organization subject to the excess business holdings rules of section 4943 because of section 4943(f) (regarding certain Type II supporting organizations, and all Type III non-functionally integrated supporting organizations)? If “Yes,” answer line 10b below.
10a
 
 
b
Did the organization have any excess business holdings in the tax year? (Use Schedule C, Form 4720, to determine whether the organization had excess business holdings).
10b
 
 
Schedule A (Form 990 or 990-EZ) 2015

Schedule A (Form 990 or 990-EZ) 2015
Page 5
Part IV
Supporting Organizations (continued)
Yes
No
11
Has the organization accepted a gift or contribution from any of the following persons?
a
A person who directly or indirectly controls, either alone or together with persons described in (b) and (c) below, the governing body of a supported organization?
11a
 
 
b
A family member of a person described in (a) above?
11b
 
 
c
A 35% controlled entity of a person described in (a) or (b) above? If “Yes” to a, b, or c, provide detail in Part VI.
11c
 
 
Section B. Type I Supporting Organizations
Yes
No
1
Did the directors, trustees, or membership of one or more supported organizations have the power to regularly appoint or elect at least a majority of the organization’s directors or trustees at all times during the tax year? If “No,” describe in Part VI how the supported organization(s) effectively operated, supervised, or controlled the organization’s activities. If the organization had more than one supported organization, describe how the powers to appoint and/or remove directors or trustees were allocated among the supported organizations and what conditions or restrictions, if any, applied to such powers during the tax year.
1
 
 
2
Did the organization operate for the benefit of any supported organization other than the supported organization(s) that operated, supervised, or controlled the supporting organization? If “Yes,” explain in Part VI how providing such benefit carried out the purposes of the supported organization(s) that operated, supervised or controlled the supporting organization.
2
 
 
Section C. Type II Supporting Organizations
Yes
No
1
Were a majority of the organization’s directors or trustees during the tax year also a majority of the directors or trustees of each of the organization’s supported organization(s)? If “No,” describe in Part VI how control or management of the supporting organization was vested in the same persons that controlled or managed the supported organization(s).
1
 
 
Section D. All Type III Supporting Organizations
Yes
No
1
Did the organization provide to each of its supported organizations, by the last day of the fifth month of the organization’s tax year, (i) a written notice describing the type and amount of support provided during the prior tax year, (ii) a copy of the Form 990 that was most recently filed as of the date of notification, and (iii) copies of the organization’s governing documents in effect on the date of notification, to the extent not previously provided?
1
 
 
2
Were any of the organization’s officers, directors, or trustees either (i) appointed or elected by the supported organization(s) or (ii) serving on the governing body of a supported organization? If "No," explain in Part VI how the organization maintained a close and continuous working relationship with the supported organization(s).
2
 
 
3
By reason of the relationship described in (2), did the organization’s supported organizations have a significant voice in the organization’s investment policies and in directing the use of the organization’s income or assets at all times during the tax year? If "Yes," describe in Part VI the role the organization’s supported organizations played in this regard.
3
 
 
Section E. Type III Functionally-Integrated Supporting Organizations
1
Check the box next to the method that the organization used to satisfy the Integral Part Test during the year (see instructions):
a
b
c
2
Activities Test. Answer (a) and (b) below.
Yes
No
a
Did substantially all of the organization’s activities during the tax year directly further the exempt purposes of the supported organization(s) to which the organization was responsive? If "Yes," then in Part VI identify those supported organizations and explain how these activities directly furthered their exempt purposes, how the organization was responsive to those supported organizations, and how the organization determined that these activities constituted substantially all of its activities.
2a
 
 
b
Did the activities described in (a) constitute activities that, but for the organization’s involvement, one or more of the organization’s supported organization(s) would have been engaged in? If "Yes," explain in Part VI the reasons for the organization’s position that its supported organization(s) would have engaged in these activities but for the organization’s involvement.
2b
 
 
3
Parent of Supported Organizations. Answer (a) and (b) below.
a
Did the organization have the power to regularly appoint or elect a majority of the officers, directors, or trustees of each of the supported organizations? Provide details in Part VI.
3a
 
 
b
Did the organization exercise a substantial degree of direction over the policies, programs and activities of each of its supported organizations? If "Yes," describe in Part VI. the role played by the organization in this regard.
3b
 
 
Schedule A (Form 990 or 990-EZ) 2015

Schedule A (Form 990 or 990-EZ) 2015
Page 6
Part V
Type III Non-Functionally Integrated 509(a)(3) Supporting Organizations
1
Section A - Adjusted Net Income (A) Prior Year (B) Current Year
(optional)
1 Net short-term capital gain 1    
2 Recoveries of prior-year distributions 2    
3 Other gross income (see instructions) 3    
4 Add lines 1 through 3 4    
5 Depreciation and depletion 5    
6 Portion of operating expenses paid or incurred for production or collection of gross income or for management, conservation, or maintenance of property held for production of income (see instructions) 6    
7 Other expenses (see instructions) 7    
8 Adjusted Net Income (subtract lines 5, 6 and 7 from line 4) 8    

Section B - Minimum Asset Amount (A) Prior Year (B) Current Year
(optional)
1 Aggregate fair market value of all non-exempt-use assets (see instructions for short tax year or assets held for part of year): 1
a Average monthly value of securities 1a    
b Average monthly cash balances 1b    
c Fair market value of other non-exempt-use assets 1c    
d Total (add lines 1a, 1b, and 1c) 1d    
e Discount claimed for blockage or other factors
(explain in detail in Part VI):  
2 Acquisition indebtedness applicable to non-exempt use assets 2    
3 Subtract line 2 from line 1d 3    
4 Cash deemed held for exempt use. Enter 1-1/2% of line 3 (for greater amount, see instructions). 4    
5 Net value of non-exempt-use assets (subtract line 4 from line 3) 5    
6 Multiply line 5 by .035 6    
7 Recoveries of prior-year distributions 7    
8 Minimum Asset Amount (add line 7 to line 6) 8    

Section C - Distributable Amount Current Year
1 Adjusted net income for prior year (from Section A, line 8, Column A) 1  
2 Enter 85% of line 1 2  
3 Minimum asset amount for prior year (from Section B, line 8, Column A) 3  
4 Enter greater of line 2 or line 3 4  
5 Income tax imposed in prior year 5  
6 Distributable Amount. Subtract line 5 from line 4, unless subject to emergency temporary reduction (see instructions) 6  
7
Schedule A (Form 990 or 990-EZ) 2015

Schedule A (Form 990 or 990-EZ) 2015
Page 7
Part V
Type III Non-Functionally Integrated 509(a)(3) Supporting Organizations (continued)
Section D - Distributions Current Year
1 Amounts paid to supported organizations to accomplish exempt purposes  
2 Amounts paid to perform activity that directly furthers exempt purposes of supported organizations, in
excess of income from activity		  
3 Administrative expenses paid to accomplish exempt purposes of supported organizations  
4 Amounts paid to acquire exempt-use assets  
5 Qualified set-aside amounts (prior IRS approval required)  
6 Other distributions (describe in Part VI). See instructions  
7Total annual distributions. Add lines 1 through 6.  
8 Distributions to attentive supported organizations to which the organization is responsive (provide
details in Part VI). See instructions		  
9 Distributable amount for 2015 from Section C, line 6  
10 Line 8 amount divided by Line 9 amount  

Section E - Distribution Allocations (see instructions) (i)
Excess Distributions 		(ii)
Underdistributions
Pre-2015 		(iii)
Distributable
Amount for 2015
1 Distributable amount for 2015 from Section C, line
6 		 
2 Underdistributions, if any, for years prior to 2015
(reasonable cause required--see instructions)		  
3 Excess distributions carryover, if any, to 2015:
a
b
c
d From 2013.......  
e From 2014.......  
fTotal of lines 3a through e  
g Applied to underdistributions of prior years  
h Applied to 2015 distributable amount  
i Carryover from 2010 not applied (see
instructions)
j Remainder. Subtract lines 3g, 3h, and 3i from 3f.  
4Distributions for 2015 from Section D, line 7:
$  
a Applied to underdistributions of prior years  
b Applied to 2015 distributable amount  
c Remainder. Subtract lines 4a and 4b from 4.  
5 Remaining underdistributions for years prior to
2015, if any. Subtract lines 3g and 4a from line 2
(if amount greater than zero, see instructions)		  
6 Remaining underdistributions for 2015. Subtract
lines 3h and 4b from line 1 (if amount greater than
zero, see instructions)		  
7 Excess distributions carryover to 2016. Add lines
3j and 4c.		  
8 Breakdown of line 7:
a
b
c Excess from 2013.......  
d From 2014.......  
e From 2015.......  
Schedule A (Form 990 or 990-EZ) (2015)

Schedule A (Form 990 or 990-EZ) 2015
Page 8
Part VI
Supplemental Information. Provide the explanations required by Part II, line 10; Part II, line 17a or 17b; Part III, line 12; Part IV, Section A, lines 1, 2, 3b, 3c, 4b, 4c, 5a, 6, 9a, 9b, 9c, 11a, 11b, and 11c; Part IV, Section B, lines 1 and 2; Part IV, Section C, line 1; Part IV, Section D, lines 2 and 3; Part IV, Section E, lines 1c, 2a, 2b, 3a and 3b; Part V, line 1; Part V, Section B, line 1e; Part V Section D, lines 5, 6, and 8; and Part V, Section E, lines 2, 5, and 6. Also complete this part for any additional information. (See instructions).
Facts And Circumstances Test
 
Return Reference Explanation
SCHEDULE A PART II LINE 10 OTHER INCOME IS COMPRISED OF NEW INCOME FROM SALE OF INVENTORY, ACTUARIAL ADJUSTMENTS AND OTHER INCOME
SCHEDULE A PART II THE UNIVERSITY OF CHICAGO IS A SCHOOL; HOWEVER IN ORDER TO USE THE SPECIAL USE CALCULATION ON SCHEDULE B FOR A 501(C)(3) ORGANIZATION, IT IS NECESSARY TO COMPLETE SCHEDULE A, PART II TO DEMONSTRATE THAT THE UNIVERSITY MEETS THE 33 1/3% PUBLIC SUPPORT TEST. THEREFORE THE UNIVERSITY IS CLASSIFED IN PART I LINE 7 AS AN ORGANIZATION THAT NORMALLY RECEIVES A SUBSTANTIAL PART OF ITS SUPPORT FROM A GOVERNMENT UNIT OR FROM THE GENERAL PUBLIC.
Schedule A (Form 990 or 990-EZ) 2015


Additional Data


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Schedule B
(Form 990, 990-EZ,
or 990-PF)
Department of the Treasury
Internal Revenue Service
Schedule of Contributors
Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
Arrow Bullet Information about Schedule B (Form 990, 990-EZ, or 990-PF) and its instructions is at www.irs.gov/form990.
OMB No. 1545-0047
2015
Name of the organization
UNIVERSITY OF CHICAGO
 
Employer identification number

36-2177139
Organization type (check one):
Filers of:
Section:
Form 990 or 990-EZ





Form 990-PF




Check if your organization is covered by the General Rule or a Special Rule.  
Note. Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
General Rule
Special Rules
......... Arrow Bullet $  
Caution. An organization that is not covered by the General Rule and/or the Special Rules does not file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its
Form 990-EZ or on its Form 990PF, Part I, line 2, to certify that it does not meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).
For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.
Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2015)
Schedule B (Form 990, 990-EZ, or 990-PF) (2015) Page 2
Name of organization
UNIVERSITY OF CHICAGO
  		Employer identification number
36-2177139
Part I
Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
RESTRICTED
 
 

   
 
 
  ,    

$ RESTRICTED


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 

   
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 

   
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 

   
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 

   
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 

   
 
 

$  


(Complete Part II for noncash contributions.)
Schedule B (Form 990, 990-EZ, or 990-PF) (2015)
Schedule B (Form 990, 990-EZ, or 990-PF) (2015)
Page 3
Name of organization
UNIVERSITY OF CHICAGO
  		Employer identification number

36-2177139
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No.from Part I		 (b)
Description of noncash property given		 (c)
FMV (or estimate)
(see instructions) 		(d)
Date received
 
$    
(a)
No.from Part I		 (b)
Description of noncash property given		 (c)
FMV (or estimate)
(see instructions) 		(d)
Date received
 
$    
(a)
No.from Part I		 (b)
Description of noncash property given		 (c)
FMV (or estimate)
(see instructions) 		(d)
Date received
 
$    
(a)
No.from Part I		 (b)
Description of noncash property given		 (c)
FMV (or estimate)
(see instructions) 		(d)
Date received
 
$    
(a)
No.from Part I		 (b)
Description of noncash property given		 (c)
FMV (or estimate)
(see instructions) 		(d)
Date received
 
$    
(a)
No.from Part I		 (b)
Description of noncash property given		 (c)
FMV (or estimate)
(see instructions) 		(d)
Date received
 
$    
Schedule B (Form 990, 990-EZ, or 990-PF) (2015)
Schedule B (Form 990, 990-EZ, or 990-PF) (2015)
Page 4
Name of organization
UNIVERSITY OF CHICAGO
  		Employer identification number

36-2177139
Part III
Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
Use duplicate copies of Part III if additional space is needed.
(a)
No.from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No.from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No.from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No.from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
Schedule B (Form 990, 990-EZ, or 990-PF) (2015)

Additional Data


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SCHEDULE C
(Form 990 or 990-EZ)

Department of the Treasury
Internal Revenue Service
Political Campaign and Lobbying Activities

For Organizations Exempt From Income Tax Under section 501(c) and section 527
SchCMd Bullet Complete if the organization is described below. SchCMd Bullet Attach to Form 990 or Form 990-EZ.
SchCMd BulletInformation about Schedule C (Form 990 or 990-EZ) and its instructions is at www.irs.gov/form990.
OMB No. 1545-0047
2015
Open to Public
Inspection
If the organization answered "Yes" on Form 990, Part IV, Line 3, or Form 990-EZ, Part V, line 46 (Political Campaign Activities), then
Round Bullet Section 501(c)(3) organizations: Complete Parts I-A and B. Do not complete Part I-C.
Round Bullet Section 501(c) (other than section 501(c)(3)) organizations: Complete Parts I-A and C below. Do not complete Part I-B.
Round Bullet Section 527 organizations: Complete Part I-A only.
If the organization answered "Yes" on Form 990, Part IV, Line 4, or Form 990-EZ, Part VI, line 47 (Lobbying Activities), then
Round Bullet Section 501(c)(3) organizations that have filed Form 5768 (election under section 501(h)): Complete Part II-A. Do not complete Part II-B.
Round Bullet Section 501(c)(3) organizations that have NOT filed Form 5768 (election under section 501(h)): Complete Part II-B. Do not complete Part II-A.
If the organization answered "Yes" on Form 990, Part IV, Line 5 (Proxy Tax) (see separate instructions) or Form 990-EZ, Part V, line 35c (Proxy Tax) (see separate instructions), then
Round Bullet Section 501(c)(4), (5), or (6) organizations: Complete Part III.
Name of the organization
UNIVERSITY OF CHICAGO
 
Employer identification number

36-2177139
Part I-A
Complete if the organization is exempt under section 501(c) or is a section 527 organization.

1
Provide a description of the organization’s direct and indirect political campaign activities in Part IV.
2
Political expenditures ......................................................................................................................SchCMd Bullet
$  
3
Volunteer hours .............................................................................................................................
 

Part I-B
Complete if the organization is exempt under section 501(c)(3).
1
Enter the amount of any excise tax incurred by the organization under section 4955 ................................SchCMd Bullet
$  
2
Enter the amount of any excise tax incurred by organization managers under section 4955 .......................SchCMd Bullet
$  
3
If the organization incurred a section 4955 tax, did it file Form 4720 for this year? .........................................
4a
Was a correction made? ......................................................................................................................
b
If "Yes," describe in Part IV.
Part I-C
Complete if the organization is exempt under section 501(c), except section 501(c)(3).
1
Enter the amount directly expended by the filing organization for section 527 exempt function activities ..... SchCMd Bullet
$  
2
Enter the amount of the filing organization's funds contributed to other organizations for section 527 exempt function activities ............................................................................................................................SchCMd Bullet

$  
3
Total exempt function expenditures. Add lines 1 and 2. Enter here and on Form 1120-POL, line 17b...........SchCMd Bullet

$  
4
Did the filing organization file Form 1120-POL for this year? ...................................................................
5
Enter the names, addresses and employer identification number (EIN) of all section 527 political organizations to which the filing
organization made payments. For each organization listed, enter the amount paid from the filing organization’s funds. Also enter the amount of political contributions received that were promptly and directly delivered to a separate political organization, such as a separate segregated fund or a political action committee (PAC). If additional space is needed, provide information in Part IV.
(a) Name (b) Address (c) EIN (d) Amount paid from filing organization's funds. If none, enter -0-. (e) Amount of political contributions received and promptly and directly delivered to a separate political organization. If none, enter -0-.
1
2
3
4
5
6
For Paperwork Reduction Act Notice, see the instructions for Form 990 or 990-EZ.
Cat. No. 50084S
Schedule C (Form 990 or 990-EZ) 2015

Schedule C (Form 990 or 990-EZ) 2015
Page 2
Part II-A
Complete if the organization is exempt under section 501(c)(3) and filed Form 5768 (election under section 501(h)).
A Check SchCMd Bulletexpenses, and share of excess lobbying expenditures).
B Check SchCMd Bullet
Limits on Lobbying Expenditures
(The term "expenditures" means amounts paid or incurred.) 		(a) Filing
organization's
totals 		(b) Affiliated group totals
1a Total lobbying expenditures to influence public opinion (grass roots lobbying) ...............................................    
b Total lobbying expenditures to influence a legislative body (direct lobbying) ...........................................    
c Total lobbying expenditures (add lines 1a and 1b) .......................................................................    
d Other exempt purpose expenditures .........................................................................................    
e Total exempt purpose expenditures (add lines 1c and 1d) ....................................................................    
f Lobbying nontaxable amount. Enter the amount from the following table in both
columns.		    
If the amount on line 1e, column (a) or (b) is:The lobbying nontaxable amount is:
Not over $500,00020% of the amount on line 1e.
Over $500,000 but not over $1,000,000$100,000 plus 15% of the excess over $500,000.
Over $1,000,000 but not over $1,500,000$175,000 plus 10% of the excess over $1,000,000.
Over $1,500,000 but not over $17,000,000$225,000 plus 5% of the excess over $1,500,000.
Over $17,000,000$1,000,000.
g Grassroots nontaxable amount (enter 25% of line 1f) ..........................................................................    
h Subtract line 1g from line 1a. If zero or less, enter -0-. ..........................................................................    
i Subtract line 1f from line 1c. If zero or less, enter -0-. ...........................................................................    
j If there is an amount other than zero on either line 1h or line 1i, did the organization file Form 4720 reporting
section 4911 tax for this year? ..............................................................................................................

4-Year Averaging Period Under section 501(h)
(Some organizations that made a section 501(h) election do not have to complete all of the five
columns below. See the separate instructions for lines 2a through 2f.)
Lobbying Expenditures During 4-Year Averaging Period
Calendar year (or fiscal year
beginning in) 		(a) 2012 (b) 2013 (c) 2014 (d) 2015 (e) Total
2a Lobbying nontaxable amount          
b Lobbying ceiling amount
(150% of line 2a, column(e)) 		 
c Total lobbying expenditures          
d Grassroots nontaxable amount          
e Grassroots ceiling amount
(150% of line 2d, column (e))		  
f Grassroots lobbying expenditures          
Schedule C (Form 990 or 990-EZ) 2015


Schedule C (Form 990 or 990-EZ) 2015
Page 3
Part II-B
Complete if the organization is exempt under section 501(c)(3) and has NOT filed Form 5768 (election under section 501(h)).
For each "Yes" response on lines 1a through 1i below, provide in Part IV a detailed description of the lobbying activity.
(a)
No
Yes
(b)
Amount
1
During the year, did the filing organization attempt to influence foreign, national, state or local legislation, including any attempt to influence public opinion on a legislative matter or referendum, through the use of:
a
Volunteers? ...........................................................................................................
 
No
b
Paid staff or management (include compensation in expenses reported on lines 1c through 1i)? ........
Yes
 
c
Media advertisements? ...................................................................................................
 
No
 
d
Mailings to members, legislators, or the public? .............................................................................
 
No
 
e
Publications, or published or broadcast statements? ...........................................................
 
No
 
f
Grants to other organizations for lobbying purposes? ..........................................................
 
No
 
g
Direct contact with legislators, their staffs, government officials, or a legislative body? .......................
Yes
 
430,443
h
Rallies, demonstrations, seminars, conventions, speeches, lectures, or any similar means? ..................
 
No
 
i
Other activities? ...................................................................................................................
 
No
 
j
Total. Add lines 1c through 1i ....................................................................................................
430,443
2a
Did the activities in line 1 cause the organization to be not described in section 501(c)(3)? .....
 
No
b
If "Yes," enter the amount of any tax incurred under section 4912 ...........................................
 
c
If "Yes," enter the amount of any tax incurred by organization managers under section 4912 ...................
 
d
If the filing organization incurred a section 4912 tax, did it file Form 4720 for this year? ........................
 
 
Part III-A
Complete if the organization is exempt under section 501(c)(4), section 501(c)(5), or section 501(c)(6).
Yes
No
1
Were substantially all (90% or more) dues received nondeductible by members? ...............................................
1
 
 
2
Did the organization make only in-house lobbying expenditures of $2,000 or less? ............................................
2
 
 
3
Did the organization agree to carry over lobbying and political expenditures from the prior year? .................................
3
 
 
Part III-B
Complete if the organization is exempt under section 501(c)(4), section 501(c)(5), or section 501(c)(6) and if either (a) BOTH Part III-A, lines 1 and 2, are answered "No" OR (b) Part III-A, line 3, is answered “Yes."
1
Dues, assessments and similar amounts from members ......................................................................
1
 
2
Section 162(e) nondeductible lobbying and political expenditures (do not include amounts of political expenses for which the section 527(f) tax was paid).
a
Current year .............................................................................................................................
2a
 
b
Carryover from last year ............................................................................................................
2b
 
c
Total ...........................................................................................................................................
2c
 
3
Aggregate amount reported in section 6033(e)(1)(A) notices of nondeductible section 162(e) dues .
3
 
4
If notices were sent and the amount on line 2c exceeds the amount on line 3, what portion of the excess does the organization agree to carryover to the reasonable estimate of nondeductible lobbying and political expenditure next year? ......................................................................................................................
4
 
5
Taxable amount of lobbying and political expenditures (see instructions) .........................................
5
 
Part IV
Supplemental Information
Provide the descriptions required for Part l-A, line 1; Part l-B, line 4; Part l-C, line 5; Part II-A (affiliated group list); Part II-A, lines 1 and 2 (see instructions), and Part ll-B, line 1. Also, complete this part for any additional information.
Return Reference Explanation
PART II-B, LINE 1: THE UNIVERSITY OF CHICAGO IS INVOLVED IN ISSUES THAT AFFECT HIGHER EDUCATION AND RESEARCH.
Schedule C (Form 990 or 990EZ) 2015


Additional Data


Software ID:  
Software Version:  

SCHEDULE D
(Form 990)
Department of the Treasury
Internal Revenue Service
Supplemental Financial Statements
SchDMd Bullet Complete if the organization answered "Yes," on Form 990,
Part IV, line 6, 7, 8, 9, 10, 11a, 11b, 11c, 11d, 11e, 11f, 12a, or 12b.
SchDMd Bullet Attach to Form 990.
Information about Schedule D (Form 990) and its instructions is at www.irs.gov/form990.
OMB No. 1545-0047
2015
Open to Public Inspection
Name of the organization
UNIVERSITY OF CHICAGO
 
Employer identification number

36-2177139
Part I
Organizations Maintaining Donor Advised Funds or Other Similar Funds or Accounts. Complete if the organization answered "Yes" on Form 990, Part IV, line 6.
(a) Donor advised funds (b) Funds and other accounts
1 Total number at end of year ....    
2 Aggregate value of contributions to (during year)    
3 Aggregate value of grants from (during year)    
4 Aggregate value at end of year ....    
5
Did the organization inform all donors and donor advisors in writing that the assets held in donor advised
funds are the organization's property, subject to the organization's exclusive legal control? ...........
6
Did the organization inform all grantees, donors, and donor advisors in writing that grant funds can be
used only for charitable purposes and not for the benefit of the donor or donor advisor, or for any other purpose conferring impermissible private benefit? ............................
Part II
Conservation Easements. Complete if the organization answered "Yes" on Form 990, Part IV, line 7.
1
Purpose(s) of conservation easements held by the organization (check all that apply).
2
Complete lines 2a through 2d if the organization held a qualified conservation contribution in the form of a conservation easement on the last day of the tax year.
Held at the End of the Year
a Total number of conservation easements ...................... 2a  
b Total acreage restricted by conservation easements .................... 2b  
c Number of conservation easements on a certified historic structure included in (a) ..... 2c  
d Number of conservation easements included in (c) acquired after 8/17/06, and not on a historic structure listed in the National Register ... 2d  
3
Number of conservation easements modified, transferred, released, extinguished, or terminated by the organization during the
tax year SchDMd Bullet  
4
Number of states where property subject to conservation easement is located SchDMd Bullet  
5
Does the organization have a written policy regarding the periodic monitoring, inspection, handling of violations, and enforcement of the conservation easements it holds? ............
6
Staff and volunteer hours devoted to monitoring, inspecting, handling of violations, and enforcing conservation easements during the year
SchDMd Bullet  
7
Amount of expenses incurred in monitoring, inspecting, handling of violations, and enforcing conservation easements during the year
SchDMd Bullet $  
8
Does each conservation easement reported on line 2(d) above satisfy the requirements of section 170(h)(4)(B)(i) and section 170(h)(4)(B)(ii)? .............................
9
In Part XIII, describe how the organization reports conservation easements in its revenue and expense statement, and
balance sheet, and include, if applicable, the text of the footnote to the organization’s financial statements that describes
the organization’s accounting for conservation easements.
Part III
Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets.
Complete if the organization answered "Yes" on Form 990, Part IV, line 8.
1a
If the organization elected, as permitted under SFAS 116 (ASC 958), not to report in its revenue statement and balance sheet works of art, historical treasures, or other similar assets held for public exhibition, education, or research in furtherance of public service, provide, in Part XIII, the text of the footnote to its financial statements that describes these items.
b
If the organization elected, as permitted under SFAS 116 (ASC 958), to report in its revenue statement and balance sheet works of art, historical treasures, or other similar assets held for public exhibition, education, or research in furtherance of public service, provide the following amounts relating to these items:
(i)
Revenue included on Form 990, Part VIII, line 1 .........................SchDMd Bullet $  
(ii)
Assets included in Form 990, Part X ...............................SchDMd Bullet $  
2
If the organization received or held works of art, historical treasures, or other similar assets for financial gain, provide the
following amounts required to be reported under SFAS 116 (ASC 958) relating to these items:
a
Revenue included on Form 990, Part VIII, line 1 ..........................SchDMd Bullet $  
b
Assets included in Form 990, Part X ...............................SchDMd Bullet $  
For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 52283D
Schedule D (Form 990) 2015

Schedule D (Form 990) 2015
Page 2
Part III
Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets (continued)
3
Using the organization’s acquisition, accession, and other records, check any of the following that are a significant use of its collection items (check all that apply):
a
d
b
e
 
c
4
Provide a description of the organization’s collections and explain how they further the organization’s exempt purpose in
Part XIII.
5
During the year, did the organization solicit or receive donations of art, historical treasures or other similar
assets to be sold to raise funds rather than to be maintained as part of the organization’s collection?...
Part IV
Escrow and Custodial Arrangements. Complete if the organization answered "Yes" on Form 990, Part IV, line 9, or reported an amount on Form 990, Part X, line 21.
1a
Is the organization an agent, trustee, custodian or other intermediary for contributions or other assets not
included on Form 990, Part X? ....................................
b If "Yes," explain the arrangement in Part XIII and complete the following table: Amount
c Beginning balance ............................. 1c  
d Additions during the year ............................ 1d  
e Distributions during the year .......................... 1e  
f Ending balance ................................ 1f  
2a
Did the organization include an amount on Form 990, Part X, line 21, for escrow or custodial account liability?
b
If "Yes," explain the arrangement in Part XIII. Check here if the explanation has been provided in Part XIII ........
Part V
Endowment Funds. Complete if the organization answered "Yes" on Form 990, Part IV, line 10.
(a)Current year (b)Prior year (c)Two years back (d)Three years back (e)Four years back
1a Beginning of year balance .... 6,471,559,000 6,460,254,000 5,886,968,000 5,701,419,000 5,691,013,000
b Contributions ... 138,940,000 159,687,000 137,041,000 117,250,000 82,079,000
c Net investment earnings, gains, and losses -134,354,000 252,160,000 784,536,000 399,315,000 265,909,000
d Grants or scholarships ... 52,663,000 48,896,000 44,718,000 41,748,000 43,210,000
e Other expenditures for facilities
and programs ... 		360,568,000 334,354,000 285,901,000 272,226,000 277,366,000
f Administrative expenses .... 17,911,000 17,292,000 17,672,000 17,042,000 17,006,000
g End of year balance ...... 6,045,003,000 6,471,559,000 6,460,254,000 5,886,968,000 5,701,419,000
2
Provide the estimated percentage of the current year end balance (line 1g, column (a)) held as:
a
Board designated or quasi-endowment SchDMd Bullet29.000 %
b
Permanent endowment SchDMd Bullet29.000 %
c
Temporarily restricted endowment SchDMd Bullet42.000 %
The percentages on lines 2a, 2b, and 2c should equal 100%.
3a
Are there endowment funds not in the possession of the organization that are held and administered for the
organization by:

Yes
No
(i) unrelated organizations .................
3a(i)
 
No
(ii) related organizations .................
3a(ii)
 
No
b
If "Yes" on 3a(ii), are the related organizations listed as required on Schedule R? .........
3b
 
 
4
Describe in Part XIII the intended uses of the organization's endowment funds.
Part VI
Land, Buildings, and Equipment.
Complete if the organization answered 'Yes' on Form 990, Part IV, line 11a. See Form 990, Part X, line 10.
Description of property (a) Cost or other basis
(investment) 		(b)Cost or other basis (other) (c) Accumulated depreciation (d) Book value
1a Land ...   108,816,701 108,816,701
b Buildings   4,071,969,072 1,291,761,455 2,780,207,617
c Leasehold improvements        
d Equipment ...   517,166,359 327,824,047 189,342,312
e Other ...   362,921,034 280,053,491 82,867,543
Total. Add lines 1a through 1e. (Column (d) must equal Form 990, Part X, column (B), line 10(c).)..SchDMdBullet 3,161,234,173
Schedule D (Form 990) 2015

Schedule D (Form 990) 2015
Page 3
Part VII
Investments—Other Securities. Complete if the organization answered 'Yes' on Form 990, Part IV, line 11b. See Form 990, Part X, line 12.
(a) Description of security or category
(including name of security)		 (b)Book value (c)Method of valuation:
Cost or end-of-year market value
(1)Financial derivatives    
(2)Closely-held equity interests    
(3)Other
(A) REAL ESTATE 		898,443,269 F

(B) VENTURE CAPITAL 		3,456,589,543 F
(B)
(C)
(D)
(E)
(F)
(G)
(H)
Total. (Column (b) must equal Form 990, Part X, col. (B) line 12.)Small Bullet 4,355,032,812
Part VIII
Investments—Program Related. Complete if the organization answered 'Yes' on Form 990, Part IV, line 11c. See Form 990, Part X, line 13.
(a) Description of investment (b) Book value (c) Method of valuation:
Cost or end-of-year market value
(1)
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
Total. (Column (b) must equal Form 990, Part X, col.(B) line 13.)Small Bullet  
Part IX
Other Assets. Complete if the organization answered 'Yes' on Form 990, Part IV, line 11d. See Form 990, Part X, line 15.
(a) Description (b) Book value
(1)
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
Total. (Column (b) must equal Form 990, Part X, col.(B) line 15.)...........Small Bullet  
Part X
Other Liabilities. Complete if the organization answered 'Yes' on Form 990, Part IV, line 11e or 11f. See Form 990, Part X, line 25.
1.(a) Description of liability (b) Book value
(1) Federal income taxes  
FUNDS HELD IN CUSTODY FOR OTHERS 147,835,630
OTHER INCLUDING ASSET RETIREMENT OBLIGATION 33,192,976
(3)
(4)
(5)
(6)
(7)
(8)
(9)
Total. (Column (b) must equal Form 990, Part X, col.(B) line 25.)Small Bullet 181,028,606
2. Liability for uncertain tax positions. In Part XIII, provide the text of the footnote to the organization's financial statements that reports the organization's liability for uncertain tax positions under FIN 48 (ASC 740). Check here if the text of the footnote has been provided in Part XIII
Schedule D (Form 990) 2015

Schedule D (Form 990) 2015
Page 4
Part XI Reconciliation of Revenue per Audited Financial Statements With Revenue per Return Complete if the organization answered 'Yes' on Form 990, Part IV, line 12a.
1 Total revenue, gains, and other support per audited financial statements ....... 1 2,224,291,984
2 Amounts included on line 1 but not on Form 990, Part VIII, line 12:
a Net unrealized gains (losses) on investments .... 2a -311,888,632
b Donated services and use of facilities ......... 2b  
c Recoveries of prior year grants ........... 2c  
d Other (Describe in Part XIII.) ............ 2d 47,137,335
e Add lines 2a through 2d ..................... 2e -264,751,297
3 Subtract line 2e from line 1.................. 3 2,489,043,281
4 Amounts included on Form 990, Part VIII, line 12, but not on line 1:
a Investment expenses not included on Form 990, Part VIII, line 7b . 4a 7,792,207
b Other (Describe in Part XIII.) ........... 4b 747,901,156
c Add lines 4a and 4b.................... 4c 755,693,363
5 Total revenue. Add lines 3 and 4c. (This must equal Form 990, Part I, line 12.) ...... 5 3,244,736,644
Part XII Reconciliation of Expenses per Audited Financial Statements With Expenses per Return. Complete if the organization answered 'Yes' on Form 990, Part IV, line 12a.
1 Total expenses and losses per audited financial statements ........... 1 2,779,473,221
2 Amounts included on line 1 but not on Form 990, Part IX, line 25:
a Donated services and use of facilities ......... 2a  
b Prior year adjustments ............ 2b  
c Other losses ................ 2c  
d Other (Describe in Part XIII.) ............ 2d 111,477,852
e Add lines 2a through 2d.................... 2e 111,477,852
3 Subtract line 2e from line 1................... 3 2,667,995,369
4 Amounts included on Form 990, Part IX, line 25, but not on line 1:
a Investment expenses not included on Form 990, Part VIII, line 7b .. 4a 7,792,207
b Other (Describe in Part XIII.) ............ 4b 746,242,904
c Add lines 4a and 4b..................... 4c 754,035,111
5 Total expenses. Add lines 3 and 4c. (This must equal Form 990, Part I, line 18.) ...... 5 3,422,030,480

Part XIII
Supplemental Information
Provide the descriptions required for Part II, lines 3, 5, and 9; Part III, lines 1a and 4; Part lV, lines 1b and 2b;
Part V, line 4; Part X, line 2; Part XI, lines 2d and 4b; and Part XII, lines 2d and 4b. Also complete this part to provide any additional information.
Return Reference Explanation
PART III, LINE 4: THE UNIVERSITY OF CHICAGO HAS TWO MUSEUMS - THE DAVID AND ALFRED SMART MUSEUM OF ART (SMART MUSEUM) AND THE ORIENTAL INSTITUTE OF THE UNIVERSITY OF CHICAGO (ORIENTAL INSTITUTE MUSEUM). THE SMART MUSEUM PROMOTES THE UNDERSTANDING OF THE VISUAL ARTS AND THEIR IMPORTANCE TO CULTURAL AND INTELLECTUAL HISTORY THROUGH DIRECT EXPERIENCES WITH ORIGINAL WORKS OF ART AND THROUGH AN INTERDISCIPLINARY APPROACH TO ITS COLLECTIONS, EXHIBITIONS, PUBLICATIONS AND PROGRAMS. THE SCOPE OF ITS PERMANENT COLLECTIONS, SPECIAL EXHIBITIONS, FOCUS ON RESEARCH AND TEACHING BY THE UNIVERSITY OF CHICAGO SCHOLARS AND OUTREACH AND EDUCATIONAL PROGRAMS TO BOTH ADULTS AND SCHOOL AGE CHILDREN MAKE SMART MUSEUM ONE OF THE MIDWEST'S MOST DYNAMIC AND INNOVATIVE EDUCATIONAL INSTITUTIONS IN THE VISUAL ARTS. THE ORIENTAL INSTITUTE MUSEUM IS A WORLD RENOWNED SHOWCASE FOR THE HISTORY, ART AND ARCHAEOLOGY OF THE ANCIENT NEAR EAST. THE COLLECTIONS ARE USED EXTENSIVELY FOR RESEARCH, TEACHING AND EXHIBITIONS. ITS APPROACH TO INTEGRATE ARCHAEOLOGICAL, TEXTUAL AND ART HISTORICAL DATA TO UNDERSTAND THE DEVELOPMENT AND FUNCTIONS OF THE ANCIENT CIVILIZATIONS OF THE NEAR EAST MAKE IT AN EXCEPTIONAL RESOURCE FOR THE UNIVERSITY COMMUNITY AS WELL AS THE COMMUNITY AT LARGE.
PART V, LINE 4: THE UNIVERSITY'S USE OF ENDOWMENT FUNDS IS INSEPARABLE FROM THE OVERALL ACADEMIC MISSION AS ONE OF THE WORLD'S LEADING RESEARCH UNIVERSITIES. ENDOWMENT FUNDS ARE USED TO SUPPORT INSTRUCTION AND RESEARCH PROGRAMS; SUPPORT PROFESSORSHIPS; SUPPORT FINANCIAL AID FOR UNDERGRADUATE, GRADUATE AND PROFESSIONAL STUDENTS; SUPPORT THE ACQUISITION, RESTORATION AND PRESERVATION OF BOOKS AND OTHER MATERIALS IN THE LIBRARIES; AND SUPPORT THE ON-GOING OPERATIONS OF THE PHYSICAL PLANT, GROUNDS, AND EQUIPMENT.
PART X, LINE 2: THE UNIVERSITY OF CHICAGO IS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND, EXCEPT FOR UNRELATED BUSINESS INCOME, IS EXEMPT FROM FEDERAL INCOME TAXES. THERE WAS NO PROVISION FOR INCOME TAXES DUE ON UNRELATED BUSINESS INCOME IN FISCAL YEARS 2016 AND 2015 AND THERE ARE NO UNCERTAIN TAX POSITIONS CONSIDERED TO BE MATERIAL.
PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF DISPOSED EQUIPMENT 8,378,293. COST OF GOODS SOLD 12,783,179. RELATED ORGANIZATIONS 25,975,865. OTHER -2.
PART XI, LINE 4B - OTHER ADJUSTMENTS: UCHICAGO ARGONNE LLC REVENUE 731,071,725. OTHER DISREGARDED ENTITIES 16,829,431.
PART XII, LINE 2D - OTHER ADJUSTMENTS: DISPOSAL OF EQUIPMENT 8,378,293. COST OF GOODS SOLD 12,783,179. RELATED ORGANIZATIONS 90,314,145. OTHER 2,235.
PART XII, LINE 4B - OTHER ADJUSTMENTS: UCHICAGO ARGONNE LLC 731,071,725. OTHER DISREGARDED ENTITIES 15,171,179.
Schedule D (Form 990) 2015


Additional Data


Software ID:  
Software Version:  




SCHEDULE E(Form 990 or 990-EZ)

Department of the Treasury
Internal Revenue Service
Schools

Right pointing arrow large imageComplete if the organization answered "Yes" on Form 990,
Part IV, line 13, or Form 990-EZ, Part VI, line 48.
Right pointing arrow large image Attach to Form 990 or Form 990-EZ.
Right pointing arrow large image Information about Schedule E (Form 990 or 990-EZ) and its instructions is at www.irs.gov/form990.
OMB No. 1545-0047 2015Open to Public Inspection
Name of the organization
UNIVERSITY OF CHICAGO
 
Employer identification number

36-2177139
Part I
YES
NO
1
Does the organization have a racially nondiscriminatory policy toward students by statement in its charter, bylaws,
other governing instrument, or in a resolution of its governing body? . . . . . . . . . . . . . . . . . . .
1
Yes
 
2
Does the organization include a statement of its racially nondiscriminatory policy toward students in all its
brochures, catalogues, and other written communications with the public dealing with student admissions,
programs, and scholarships? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
2
Yes
 
3
Has the organization publicized its racially nondiscriminatory policy through newspaper or broadcast media during
the period of solicitation for students, or during the registration period if it has no solicitation program, in a way
that makes the policy known to all parts of the general community it serves? If "Yes," please describe. If "No,"
please explain. If you need more space use Part II. . . . . . . . . . . . . . . . . . . . . . . . .
3
Yes
 
 
4
Does the organization maintain the following?
a
Records indicating the racial composition of the student body, faculty, and administrative staff? . . . . . . . . .
4a
Yes
 
b
Records documenting that scholarships and other financial assistance are awarded on a racially nondiscriminatory
basis? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
4b
Yes
 
c
Copies of all catalogues, brochures, announcements, and other written communications to the public dealing
with student admissions, programs, and scholarships? . . . . . . . . . . . . . . . . . . . . . . .
4c
Yes
 
d
Copies of all material used by the organization or on its behalf to solicit contributions? . . . . . . . . . . . .
4d
Yes
 
If you answered "No" to any of the above, please explain. If you need more space, use Part II.
 
5
Does the organization discriminate by race in any way with respect to:
a
Students' rights or privileges? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
5a
 
No
b
Admissions policies? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
5b
 
No
c
Employment of faculty or administrative staff? . . . . . . . . . . . . . . . . . . . . . . . . .
5c
 
No
d
Scholarships or other financial assistance? . . . . . . . . . . . . . . . . . . . . . . . . . .
5d
 
No
e
Educational policies? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
5e
 
No
f
Use of facilities? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
5f
 
No
g
Athletic programs? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
5g
 
No
h
Other extracurricular activities? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
5h
 
No
If you answered "Yes" to any of the above, please explain. If you need more space, use Part II.
 
6a
Does the organization receive any financial aid or assistance from a governmental agency? . . . . . . . . . .
6a
Yes
 
b
Has the organization's right to such aid ever been revoked or suspended? . . . . . . . . . . . . . . . .
6b
 
No
If you answered "Yes" to either line 6a or line 6b, explain on Part II.
7
Does the organization certify that it has complied with the applicable requirements of sections 4.01 through 4.05
of Rev. Proc. 75-50, 1975-2 C.B. 587, covering racial nondiscrimination? If "No," explain on Part II. . . . . . . . .
7
Yes
 
Paperwork Reduction Act Notice, see the Instructions for Form 990 or Form 990-EZ.
Cat. No. 50085D
Schedule E (Form 990 or 990-EZ) (2015)
Schedule E (Form 990 or 990EZ) (2015)
Page 2
Part II
Supplemental Information. Provide the explanations required by Part I, lines 3, 4d, 5h, 6b, and 7, as applicable. Also provide
any other additional information (see instructions).
Return Reference Explanation
SCHEDULE E, PART I, LINE 3 THE UNIVERSITY DRAWS A SUBSTANTIAL PERCENTAGE OF ITS STUDENTS FROM ACROSS THE NATION AND AROUND THE WORLD, FOLLOWS A RACIALLY NONDISCRIMINATORY POLICY, AS EMBODIED IN THE UNIVERSITY'S POLICY ON UNLAWFUL DISCRIMINATION AND HARASSMENT, AND INCLUDES A STATEMENT OF ITS NONDISCRIMINATORY POLICY ON ITS BROCHURES, CATALOGUES AND APPLICATION MATERIALS DEALING WITH STUDENT ADMISSIONS, PROGRAMS AND SCHOLARSHIPS.
SCHEDULE E, PART I, LINE 6 THE UNIVERSITY OF CHICAGO RECEIVES FUNDING FROM VARIOUS GOVERNMENTAL AGENCIES FOR STUDENT FINANCIAL AID.
Schedule E (Form 990 or 990-EZ) (2015)
Additional Data


Software ID:  
Software Version:  
SCHEDULE F(Form 990)
Department of the Treasury
Internal Revenue Service
Statement of Activities Outside the United States
Right pointing arrow large image Complete if the organization answered "Yes" to Form 990,Part IV, line 14b, 15, or 16.Right pointing arrow large image Attach to Form 990. Right pointing arrow large image See separate instructions.Right pointing arrow large image Information about Schedule F (Form 990) and its instructions is at www.irs.gov/form990.
OMB No. 1545-0047
2015
Open to Public Inspection
Name of the organization
UNIVERSITY OF CHICAGO
 
Employer identification number

36-2177139
Part I
General Information on Activities Outside the United States. Complete if the organization answered "Yes" to Form 990, Part IV, line 14b.
1
For grantmakers.Does the organization maintain records to substantiate the amount of its grants and
other assistance, the grantees’ eligibility for the grants or assistance, and the selection criteria used
to award the grants or assistance? . . . . . . . . . . . . . . . . . . . . . . . . .
2
For grantmakers. Describe in Part V the organization’s procedures for monitoring the use of its grants and other assistance outside the United States.
3
Activites per Region. (The following Part I, line 3 table can be duplicated if additional space is needed.)
(a) Region (b) Number of offices in the region (c) Number of employees, agents, and independent contractors in region (d) Activities conducted in region (by type) (e.g., fundraising, program services, investments, grants to recipients located in the region) (e) If activity listed in (d) is a program service, describe specific type of
service(s) in region		 (f) Total expenditures
for and investments
in region
EUROPE (INCLUDING ICELAND & GREENLAND) 2 31 PROGRAM SERVICES INSTRUCTION 19,810,050
RUSSIA AND NEIGHBORING STATES     PROGRAM SERVICES INSTRUCTION 60,788
EAST ASIA AND THE PACIFIC 2 23 PROGRAM SERVICES INSTRUCTION 19,148,265
SOUTH ASIA     PROGRAM SERVICES INSTRUCTION 124,551
NORTH AMERICA     PROGRAM SERVICES INSTRUCTION 93,499
MIDDLE EAST AND NORTH AFRICA   2 PROGRAM SERVICES INSTRUCTION 424,508
EUROPE (INCLUDING ICELAND & GREENLAND)   11 PROGRAM SERVICES RESEARCH 891,362
EAST ASIA AND THE PACIFIC 1 7 PROGRAM SERVICES RESEARCH 2,340,602
SOUTH ASIA 1 16 PROGRAM SERVICES RESEARCH 4,735,300
MIDDLE EAST AND NORTH AFRICA 1 20 PROGRAM SERVICES RESEARCH 1,234,555
SOUTH AMERICA     PROGRAM SERVICES RESEARCH 1,433,954
ANTARCTICA   9 PROGRAM SERVICES RESEARCH 640,961
EUROPE (INCLUDING ICELAND & GREENLAND)     PROGRAM SERVICES SUBAWARDS 2,536,541
RUSSIA AND NEIGHBORING STATES     PROGRAM SERVICES SUBAWARDS 71,190
SUB-SAHARAN AFRICA     PROGRAM SERVICES SUBAWARDS 413,859
EAST ASIA AND THE PACIFIC     PROGRAM SERVICES SUBAWARDS 40,748
SOUTH ASIA     PROGRAM SERVICES SUBAWARDS 226,209
NORTH AMERICA     PROGRAM SERVICES SUBAWARDS 1,298,976
MIDDLE EAST AND NORTH AFRICA     PROGRAM SERVICES SUBAWARDS 100,000
SOUTH AMERICA     PROGRAM SERVICES SUBAWARDS 48,384
EUROPE (INCLUDING ICELAND & GREENLAND)     PROGRAM SERVICES SCHOLARSHIPS AND STIPENDS 395,342
RUSSIA AND NEIGHBORING STATES     PROGRAM SERVICES SCHOLARSHIPS AND STIPENDS 12,800
SUB-SAHARAN AFRICA     PROGRAM SERVICES SCHOLARSHIPS AND STIPENDS 85,700
EAST ASIA AND THE PACIFIC     PROGRAM SERVICES SCHOLARSHIPS AND STIPENDS 605,900
SOUTH ASIA     PROGRAM SERVICES SCHOLARSHIPS AND STIPENDS 18,000
NORTH AMERICA     PROGRAM SERVICES SCHOLARSHIPS AND STIPENDS 62,315
MIDDLE EAST AND NORTH AFRICA     PROGRAM SERVICES SCHOLARSHIPS AND STIPENDS 149,126
SOUTH AMERICA     PROGRAM SERVICES SCHOLARSHIPS AND STIPENDS 71,550
CENTRAL AMERICA AND THE CARIBBEAN     PROGRAM SERVICES SCHOLARSHIPS AND STIPENDS 23,000
EUROPE (INCLUDING ICELAND & GREENLAND)     FUNDRAISING   231,631
RUSSIA AND NEIGHBORING STATES     FUNDRAISING   416
EAST ASIA AND THE PACIFIC     FUNDRAISING   174,762
SOUTH ASIA     FUNDRAISING   67,811
NORTH AMERICA     FUNDRAISING   16,248
MIDDLE EAST AND NORTH AFRICA     FUNDRAISING   339
SOUTH AMERICA     FUNDRAISING   23,729
CENTRAL AMERICA AND THE CARIBBEAN     INVESTMENTS   2,746,494,931
EAST ASIA AND THE PACIFIC     INVESTMENTS   46,067,285
EUROPE (INCLUDING ICELAND & GREENLAND)     INVESTMENTS   411,450,892
NORTH AMERICA     INVESTMENTS   34,674,937
SUB-SAHARAN AFRICA     INVESTMENTS   138,024,155
3a Sub-total ..... 5 74 42,893,625
b Total from continuation sheets to Part I ... 2 45 3,391,431,546
c Totals (add lines 3a and 3b) 7 119 3,434,325,171
For Paperwork Reduction Act Notice, see the Instructions for Form 990.Cat. No. 50082W Schedule F (Form 990) 2015
Schedule F (Form 990) 2015
Page 2
Part II
Grants and Other Assistance to Organizations or Entities Outside the United States. Complete if the organization answered "Yes" to Form 990, Part IV, line 15, for any recipient who received more than $5,000. Part II can be duplicated if additional space is needed.
1 (a) Name of organization (b) IRS code section
and EIN (if applicable)		 (a)(c) Region (b)(d) Purpose of
grant 		(e) Amount of
cash grant 		(f) Manner of
cash
disbursement 		(g) Amount
of non-cash
assistance 		(h) Description
of non-cash
assistance 		(i) Method of
valuation
(book, FMV,
appraisal, other)
EUROPE (INCLUDING ICELAND & GREENLAND) SUBAWARD 156,386 WIRE      
EUROPE (INCLUDING ICELAND & GREENLAND) SUBAWARD 650,107 WIRE      
EUROPE (INCLUDING ICELAND & GREENLAND) SUBAWARD 50,000 WIRE      
EUROPE (INCLUDING ICELAND & GREENLAND) SUBAWARD 57,661 WIRE      
SUB-SAHARAN AFRICA SUBAWARD 103,864 WIRE      
MIDDLE EAST AND NORTH AFRICA SUBAWARD 50,000 WIRE      
EUROPE (INCLUDING ICELAND & GREENLAND) SUBAWARD 23,778 WIRE      
EUROPE (INCLUDING ICELAND & GREENLAND) SUBAWARD 50,000 WIRE      
SOUTH ASIA SUBAWARD 4,549 WIRE      
SOUTH ASIA SUBAWARD 179,780 WIRE      
EUROPE (INCLUDING ICELAND & GREENLAND) SUBAWARD 50,000 WIRE      
EUROPE (INCLUDING ICELAND & GREENLAND) SUBAWARD 100,000 WIRE      
EUROPE (INCLUDING ICELAND & GREENLAND) SUBAWARD 21,950 WIRE      
NORTH AMERICA SUBAWARD 29,885 WIRE      
EUROPE (INCLUDING ICELAND & GREENLAND) SUBAWARD 59,019 WIRE      
SUB-SAHARAN AFRICA SUBAWARD 109,111 WIRE      
RUSSIA AND NEIGHBORING STATES SUBAWARD 71,190 WIRE      
NORTH AMERICA SUBAWARD 968,639 WIRE      
SOUTH ASIA SUBAWARD 41,880 WIRE      
EUROPE (INCLUDING ICELAND & GREENLAND) SUBAWARD 711,765 WIRE      
EUROPE (INCLUDING ICELAND & GREENLAND) SUBAWARD 61,440 WIRE      
NORTH AMERICA SUBAWARD 8,249 WIRE      
NORTH AMERICA SUBAWARD 73,174 WIRE      
SOUTH AMERICA SUBAWARD 48,384 WIRE      
EUROPE (INCLUDING ICELAND & GREENLAND) SUBAWARD 67,280 WIRE      
EUROPE (INCLUDING ICELAND & GREENLAND) SUBAWARD 20,251 WIRE      
MIDDLE EAST AND NORTH AFRICA SUBAWARD 50,000 WIRE      
SUB-SAHARAN AFRICA SUBAWARD 200,885 WIRE      
EUROPE (INCLUDING ICELAND & GREENLAND) SUBAWARD 283,605 WIRE      
EUROPE (INCLUDING ICELAND & GREENLAND) SUBAWARD 50,000 WIRE      
EAST ASIA AND THE PACIFIC SUBAWARD 40,748 WIRE      
NORTH AMERICA SUBAWARD 219,029 WIRE      
EUROPE (INCLUDING ICELAND & GREENLAND) SUBAWARD 21,640 WIRE      
EUROPE (INCLUDING ICELAND & GREENLAND) SUBAWARD 101,660 WIRE      
2 Enter total number of recipient organizations listed above that are recognized as charities by the foreign country, recognized as tax-exempt by the IRS, or for which the grantee or counsel has provided a section 501(c)(3) equivalency letter .......MediumBullet
 
3 Enter total number of other organizations or entities .......................MediumBullet
 
Schedule F (Form 990) 2015
Schedule F (Form 990) 2015Page 3
Part III
Grants and Other Assistance to Individuals Outside the United States. Complete if the organization answered "Yes" to Form 990, Part IV, line 16.
Part III can be duplicated if additional space is needed.
(a) Type of grant or assistance (b) Region (c) Number of recipients (d) Amount of
cash grant 		(e) Manner of cash
disbursement 		(f) Amount of
non-cash
assistance 		(g) Description
of non-cash
assistance 		(h) Method of
valuation
(book, FMV,
appraisal, other)
STUDENT AID EUROPE (INCLUDING ICELAND & GREENLAND)   87,775 CHECK OR WIRE 4    
STUDENT AID MIDDLE EAST AND NORTH AFRICA   19,914 CHECK OR WIRE 1    
SUMMER STUDENT GRANTS CENTRAL AMERICA AND THE CARIBBEAN   23,000 CHECK OR WIRE 5    
SUMMER STUDENT GRANTS EAST ASIA AND THE PACIFIC   605,900 CHECK OR WIRE 145    
SUMMER STUDENT GRANTS EUROPE (INCLUDING ICELAND & GREENLAND)   307,567 CHECK OR WIRE 85    
SUMMER STUDENT GRANTS MIDDLE EAST AND NORTH AFRICA   129,212 CHECK OR WIRE 37    
SUMMER STUDENT GRANTS NORTH AMERICA   62,315 CHECK OR WIRE 15    
SUMMER STUDENT GRANTS RUSSIA AND NEIGHBORING STATES   12,800 CHECK OR WIRE 3    
SUMMER STUDENT GRANTS SOUTH AMERICA   71,550 CHECK OR WIRE 17    
SUMMER STUDENT GRANTS SOUTH ASIA   18,000 CHECK OR WIRE 4    
SUMMER STUDENT GRANTS SUB-SAHARAN AFRICA   85,700 CHECK OR WIRE 20    
               
               
               
               
               
               
               
Schedule F (Form 990) 2015
Schedule F (Form 990) 2015
Page 4
Part IV
Foreign Forms
1 Was the organization a U.S. transferor of property to a foreign corporation during the tax year? If "Yes,"the organization may be required to file Form 926, Return by a U.S. Transferor of Property to a Foreign Corporation (see Instructions for Form 926). . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
2 Did the organization have an interest in a foreign trust during the tax year? If "Yes," the organization may be required to separately file Form 3520, Annual Return to Report Transactions with Foreign Trusts and Receipt of Certain Foreign Gifts, and/or Form 3520-A, Annual Information Return of Foreign Trust With a U.S. Owner (see Instructions for Forms 3520 and 3520-A). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
3 Did the organization have an ownership interest in a foreign corporation during the tax year? If "Yes," the organization may be required to file Form 5471, Information Return of U.S. Persons with Respect to Certain Foreign Corporations. (see Instructions for Form 5471). . . . . . . . . . . . . . . . . . . . . . . . . . . .
4 Was the organization a direct or indirect shareholder of a passive foreign investment company or a qualified electing fund during the tax year? If “Yes,” the organization may be required to file Form 8621, Information Return by a Shareholder of a Passive Foreign Investment Company or Qualified Electing Fund. (see Instructions for Form 8621) .
5 Did the organization have an ownership interest in a foreign partnership during the tax year? If "Yes," the organization may be required to file Form 8865, Return of U.S. Persons with Respect to Certain Foreign Partnerships. (see Instructions for Form 8865). . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
6 Did the organization have any operations in or related to any boycotting countries during the tax year? If "Yes," the organization may be required to separately file Form 5713, International Boycott Report (see Instructions for Form 5713).. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Schedule F (Form 990) 2015
Schedule F (Form 990) 2015
Page 5
Part V
Supplemental Information
Provide the information required by Part I, line 2 (monitoring of funds); Part I, line 3, column (f) (accounting method; amounts of investments vs. expenditures per region); Part II, line 1 (accounting method); Part III (accounting method); and Part III, column (c) (estimated number of recipients), as applicable. Also complete this part to provide any additional information (see instructions).
ReturnReference Explanation
PART I, LINE 2: THE UNIVERSITY WILL PERFORM A RISK ASSESSMENT AT THE PROPOSAL STAGE BEFORE FUNDING IS APPROVED. UNIVERSITY DEPARTMENT ADMINISTRATORS AND THE PRINCIPAL INVESTIGATOR WILL REVIEW INVOICES AND CERTIFY AS TO ALLOWABILITY AND APPROPRIATENESS OF CHARGES. CENTRAL SPONSORED AWARD ACCOUNTING WILL ALSO PERFORM A REVIEW THAT THE EXPENDITURES FALL WITHIN THE CONTRACT AMOUNT AND PERIOD OF PERFORMANCE.
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
Schedule F (Form 990) 2015
Additional Data


Software ID:  
Software Version:  



SCHEDULE G (Form 990 or 990-EZ)
Department of the Treasury
Internal Revenue Service
Supplemental Information Regarding
Fundraising or Gaming Activities
Complete if the organization answered "Yes" on Form 990, Part IV, lines 17, 18, or 19, or if the organization entered more than $15,000 on Form 990-EZ, line 6a. right arrowAttach to Form 990 or Form 990-EZ.
right arrowInformation about Schedule G (Form 990 or 990-EZ) and its instructions is at www.irs.gov/form990.
OMB No. 1545-0047
2015
Open to Public Inspection
Name of the organization
UNIVERSITY OF CHICAGO
 
Employer identification number

36-2177139
Part I
Fundraising Activities. Complete if the organization answered "Yes" on Form 990, Part IV, line 17.
Form 990-EZ filers are not required to complete this part.
1
Indicate whether the organization raised funds through any of the following activities. Check all that apply.
a e
b f
c g
d
2a
Did the organization have a written or oral agreement with any individual (including officers, directors, trustees
or key employees listed in Form 990, Part VII) or entity in connection with professional fundraising services?
b
If "Yes," list the ten highest paid individuals or entities (fundraisers) pursuant to agreements under which the fundraiser is
to be compensated at least $5,000 by the organization.


(i) Name and address of individual
or entity (fundraiser) 		(ii) Activity (iii) Did fundraiser have custody or control of contributions? (iv) Gross receipts
from activity 		(v) Amount paid to
(or retained by)
fundraiser listed in
col. (i) 		(vi) Amount paid to
(or retained by)
organization
Yes No
 
RUFFALO NOEL LEVITZ
1025 KIRKWOOD PARKWAY
 
CEDAR RAPIDS, IA52404 		TELEMARKETING   No 1,003,571 552,894 450,677
             
             
             
             
             
             
             
             
             
Total . . . . . . . . . . . . . . . . . . . . right arrow 1,003,571 552,894 450,677
3
List all states in which the organization is registered or licensed to solicit contributions or has been notified it is exempt from registration or licensing.
AL, AK, AL, CT, ME, MD, MA, MN, MS, NH, OR, UT, VA, WA
For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.
Cat. No. 50083H
Schedule G (Form 990 or 990-EZ) 2015
Schedule G (Form 990 or 990-EZ) 2015
Page 2
Part II
Fundraising Events. Complete if the organization answered "Yes" on Form 990, Part IV, line 18, or reported more than $15,000 of fundraising event contributions and gross income on Form 990-EZ, lines 1 and 6b. List events with gross receipts greater than $5,000.




VerticalRevenue
(a) Event #1

LAB SCHOOL
(event type) 		(b) Event #2

COURT THEATRE
(event type) 		(c) Other events

 
(total number) 		(d) Total events
(add col. (a) through col. (c))

1
Gross receipts . . . . .
798,479
310,661
 
1,109,140

2
Less: Contributions . . . .
623,690
262,381
 
886,071
3 Gross income (line 1 minus
line 2) . . . . . .
174,789
48,280
 
223,069



VerticalDirectExpenses
4 Cash prizes . . . . .        
5 Noncash prizes . . . .        
6 Rent/facility costs . . . . 106,158     106,158
7 Food and beverages . . . 135,562 61,232   196,794
8 Entertainment . . . . 3,110 8,580   11,690
9 Other direct expenses . . . 17,570 22,961   40,531
10 Direct expense summary. Add lines 4 through 9 in column (d) . . . . . . . . . . right arrow 355,173
11 Net income summary. Subtract line 10 from line 3, column (d). . . . . . . . . . right arrow -132,104
Part III
Gaming. Complete if the organization answered "Yes" on Form 990, Part IV, line 19, or reported more than $15,000 on Form 990-EZ, line 6a.
VerticalRevenue
(a) Bingo (b) Pull tabs/Instant
bingo/progressive bingo 		(c) Other gaming (d) Total gaming (add col.(a) through col.(c))

1
Gross revenue . . . . .
 
 
 
 
VerticalDirectExpenses

2
Cash prizes . . . . .
 
 
 
 

3
Noncash prizes . . . .
 
 
 
 

4
Rent/facility costs . . . .
 
 
 
 

5
Other direct expenses . . .
17,570
22,961
 
40,531


6

Volunteer labor . . . .
%
%
%


7
Direct expense summary. Add lines 2 through 5 in column (d) . . . . . . . . . . right arrow
 

8
Net gaming income summary. Subtract line 7 from line 1, column (d). . . . . . . . . right arrow
 

9
Enter the state(s) in which the organization conducts gaming activities:
a
Is the organization licensed to conduct gaming activities in each of these states? . . . . . . . .
b
If "No," explain:
 
10a
Were any of the organization's gaming licenses revoked, suspended or terminated during the tax year? . . .
b
If "Yes," explain:
 
Schedule G (Form 990 or 990-EZ) 2015
Schedule G (Form 990 or 990-EZ) 2015
Page 3
11
Does the organization conduct gaming activities with nonmembers? . . . . . . . . . . .
12
Is the organization a grantor, beneficiary or trustee of a trust or a member of a partnership or other entity
formed to administer charitable gaming? . . . . . . . . . . . . . . . . .
13
Indicate the percentage of gaming activity conducted in:
a
The organization's facility . . . . . . . . . . . . . . . . . .
13a
%
b
An outside facility . . . . . . . . . . . . . . . . . . . .
13b
%
14
Enter the name and address of the person who prepares the organization's gaming/special events books and records:
Name right arrow
Address right arrow
15a
Does the organization have a contract with a third party from whom the organization receives gaming
revenue? . . . . . . . . . . . . . . . . . . . . . . . .
b
If "Yes," enter the amount of gaming revenue received by the organization right arrow $   and the
amount of gaming revenue retained by the third party right arrow $   .
c
If "Yes," enter name and address of the third party:
Name right arrow
Address right arrow
 
 
16
Gaming manager information:
Name right arrow
Gaming manager compensation right arrow $  
Description of services provided right arrow
 
17
Mandatory distributions:
a
Is the organization required under state law to make charitable distributions from the gaming proceeds to
retain the state gaming license? . . . . . . . . . . . . . . . . . . .
b
Enter the amount of distributions required under state law distributed to other exempt organizations or spent
in the organization's own exempt activities during the tax year right arrow$  
Part IV
Supplemental Information. Provide the explanations required by Part I, line 2b, columns (iii) and (v); and Part III, lines 9, 9b, 10b, 15b, 15c, 16, and 17b, as applicable. Also complete this part to provide any additional information (see instructions).
Return Reference Explanation
PART I LINE 2B MONTHLY INSTALLMENTS $544,774 MAILING CHARGES 2,909 POSTAGE 5,211 TOTAL $552,894
Schedule G (Form 990 or 990-EZ) 2015
Additional Data


Software ID:  
Software Version:  
Schedule I
(Form 990)
Department of the Treasury
Internal Revenue Service
Grants and Other Assistance to Organizations,
Governments and Individuals in the United States
Complete if the organization answered "Yes," on Form 990, Part IV, line 21 or 22.
lBullet Attach to Form 990.
lBullet Information about Schedule I (Form 990) and its instructions is at www.irs.gov/form990.
OMB No. 1545-0047
2015
Open to Public
Inspection
Name of the organization
UNIVERSITY OF CHICAGO
 
Employer identification number
36-2177139
Part I
General Information on Grants and Assistance
1
Does the organization maintain records to substantiate the amount of the grants or assistance, the grantees' eligibility for the grants or assistance, and
the selection criteria used to award the grants or assistance? ........................
2
Describe in Part IV the organization's procedures for monitoring the use of grant funds in the United States.
Part II
Grants and Other Assistance to Domestic Organizations and Domestic Governments. Complete if the organization answered "Yes" on Form 990, Part IV, line 21, for any recipient
that received more than $5,000. Part II can be duplicated if additional space is needed.
(a) Name and address of organization
or government		 (b) EIN (c) IRC section
if applicable		 (d) Amount of cash grant (e) Amount of non-cash
assistance		 (f) Method of valuation
(book, FMV, appraisal,
other)		 (g) Description of
non-cash assistance		 (h) Purpose of grant
or assistance
(1) ACCESS COMMUNITY HEALTH NETWORK
1501 S CALIFORNIA AVENUE
CHICAGO,IL60608 		36-3317058 501 (C) (3) 20,346       SUBAWARD
(2) ALBERT EINSTEIN COLLEGE OF MEDICINE
1300 MORRIS PARK AVENUE
BRONX,NY104611975 		13-1624225 501 (C) (3) 53,997       SUBAWARD
(3) ALLIANCE OF CHICAGO COMMUNITY HEALTH SERVICES L3C
215 W OHIO STREET 4TH FLOOR
CHICAGO,IL60654 		36-4444309   136,596       SUBAWARD
(4) AMERICAN PSYCHOLOGICAL ASSOCIATION
750 FIRST STREET NE
WASHINGTON,DC200024242 		53-0205890 501 (C) (3) 21,000       SUBAWARD
(5) ASIAN HUMAN SERVICES FAMILY HEALTH CENTER
2424 W PETERSON AVENUE
CHICAGO,IL60659 		01-0567661 501 (C) (3) 65,000       SUBAWARD
(6) ASTRONOMICAL SOCIETY OF THE PACIFIC
390 ASHTON AVENUE
SAN FRANCISCO,CA94112 		94-0294860 501 (C) (3) 42,268       SUBAWARD
(7) BAYLOR RESEARCH INSTITUTE
3310 LIVE OAK SUITE 501
DALLAS,TX752046165 		75-1921898 501 (C) (3) 10,491       SUBAWARD
(8) BAYLOR UNIVERSITY
ONE BAYLOR PLAZA
HOUSTON,TX770303411 		74-1613878 501 (C) (3) 163,756       SUBAWARD
(9) BECKMAN RESEARCH INSTITUTE
1450 EAST DUARTE ROAD
DUARTE,CA910103000 		95-3432210 501 (C) (3) 5,950       SUBAWARD
(10) BEHAVIORAL IDEAS LAB INC (IDEAS42)
242 W 30TH ST SUITE 1000
NEW YORK,NY10001 		27-1678009 501 (C) (3) 267,603       SUBAWARD
(11) BELOVED COMMUNITY FAMILY
6430 SOUTH HARVARD
CHICAGO,IL60621 		20-2273383 501 (C) (3) 55,000       SUBAWARD
(12) BETH ISRAEL DEACONESS MEDICAL CENTER
330 BROOKLINE AVENUE
BOSTON,MA022155491 		04-2103881 501 (C) (3) 274,932       SUBAWARD
(13) BOSTON COLLEGE
140 COMMONWEATLH AVENUE
CHESTNUT HILL,MA024673800 		04-2103545 501 (C) (3) 15,790       SUBAWARD
(14) BRIGHAM AND WOMEN'S HOSPITAL
101 HUNTINGTON STREET SUITE 305
BOSTON,MA02199 		04-2312909 501 (C) (3) 121,305       SUBAWARD
(15) BRIGHT STAR COMMUNITY OUTREACH INC
4518 S COTTAGE GROVE AVENUE
CHICAGO,IL606534395 		26-2007088 501 (C) (3) 180,512       SUBAWARD
(16) BUCKNELL UNIVERSITY
1 DENT DRIVE
LEWISBURG,PA17837 		24-0772407 501 (C) (3) 50,000       SUBAWARD
(17) CALIFORNIA INSTITUTE OF TECHNOLOGY
1200 E CALIFORNIA BOULEVARD
PASADENA,CA911250001 		95-1643307 501 (C) (3) 415,951       SUBAWARD
(18) CAMBRIDGE HEALTH ALLIANCE
1493 CAMBRIDGE STREET
CAMBRIDGE,MA021391047 		04-3320571 GOV 98,726       SUBAWARD
(19) CASE WESTERN RESERVE UNIVERSITY
10900 EUCLID AVENUE
CLEVELAND,OH441067037 		34-1018992 501 (C) (3) 240,650       SUBAWARD
(20) CENTERS FOR NEW HORIZONS
4150 SOUTH KING DRIVE
CHICAGO,IL60653 		36-2729721 501 (C) (3) 7,405       SUBAWARD
(21) CHAPIN HALL CENTER FOR CHILDREN
1313 EAST 60TH STREET
CHICAGO,IL606372830 		36-2167012 501 (C) (3) 317,837       SUBAWARD
(22) CHARLES DREW UNIVERSITY
1731 E 120TH STREET
LOS ANGELES,CA900593051 		95-6151774 501 (C) (3) 28,735       SUBAWARD
(23) CHICAGO ASSOCIATION FOR RESEARCH & EDUCATION IN SCIENCE
5000 SOUTH 5TH AVE BUILDING ONE
C347
HINES,IL601413030 		36-3334177 501 (C) (3) 43,587       SUBAWARD
(24) CHICAGO DEPARTMENT OF PUBLIC HEALTH
333 S STATE STREET ROOM 200
CHICAGO,IL60604 		36-6005820 GOV 104,589       SUBAWARD
(25) CHICAGO FAMILY HEALTH CENTERFORMERLY CLARETIAN MED CTR
9119 S EXCHANGE AVENUE
CHICAGO,IL60617 		36-2893854 501 (C) (3) 55,999       SUBAWARD
(26) CHILDREN'S HOSPITAL BOSTON
300 LONGWOOD AVENUE
BOSTON,MA02115 		04-2774441 501 (C) (3) 11,542       SUBAWARD
(27) CHICAGO JOBS COUNCIL
29 E MADISON ST SUITE 1700
CHICAGO,IL606024415 		36-3293115 501 (C) (3) 76,878       SUBAWARD
(28) CLEVELAND CLINIC
9500 EUCLID AVENUE/JJN5-01
CLEVELAND,OH44195 		34-0714585 501 (C) (3) 50,000       SUBAWARD
(29) COLUMBIA UNIVERSITY
615 W 135TH STREET
NEW YORK,NY10027 		13-5598093 501 (C) (3) 648,639       SUBAWARD
(30) COMMUNITY HEALTH
2611 WEST CHICAGO AVENUE
CHICAGO,IL60622 		36-3317963 501 (C) (3) 52,000       SUBAWARD
(31) CORNELL UNIVERSITY
395 PINE TREE ROAD SUITE 302
ITHACA,NY14850 		15-0532082 501 (C) (3) 926,910       SUBAWARD
(32) DANA FARBER CANCER INSTITUTE
44 BINNEY STREET MS OS-385
BOSTON,MA02115 		04-2263040 501 (C) (3) 43,191       SUBAWARD
(33) DARTMOUTH COLLEGE
11 ROPE FERRY ROAD
HANOVER,NH03755 		02-0222111 501 (C) (3) 103,760       SUBAWARD
(34) DAVID LYNCH FOUNDATION
5300 SOUTH SHORE DRIVE SUITE 88
CHICAGO,IL60615 		83-0436453 501 (C) (3) 100,000       SUBAWARD
(35) DE PAUL UNIVERSITY
1 EAST JACKSON BOULEVARD
CHICAGO,IL60604 		36-2167048 501 (C) (3) 140,410       SUBAWARD
(36) DECATUR MEMORIAL HOSPITAL
2300 NORTH EDWARD STREET
DECATUR,IL62526 		37-0661199 501 (C) (3) 34,353       SUBAWARD
(37) DENVER HEALTH AND HOSPITAL AUTHORITY
777 BANCOCK STREET
DENVER,CO80204 		84-1343242 GOV 30,295       SUBAWARD
(38) DISCIPLES DIVINITY HOUSE
1156 E 57TH STREET
CHICAGO,IL60637 		36-2270045 501 (C) (3) 50,000       SUBAWARD
(39) DUKE UNIVERSITY
2200 WEST MAIN STREET SUITE 300
DURHAM,NC27705 		56-0532129 501 (C) (3) 457,129       SUBAWARD
(40) ELEVATE ENERGY
322 S GREEN ST SUITE 300
CHICAGO,IL60607 		36-4443093 501 (C) (3) 160,000       SUBAWARD
(41) EMORY UNIVERSITY
1599 CLIFTON ROAD 3RD FLOOR
ATLANTA,GA30322 		58-0566256 501 (C) (3) 107,632       SUBAWARD
(42) ERIKSON INSTITUTE
451 NORTH LASALLE
CHICAGO,IL606544510 		36-2593545 501 (C) (3) 34,424       SUBAWARD
(43) EVERTHRIVE ILLINOIS
1256 W CHICAGO AVENUE
CHICAGO,IL606425703 		36-3651051 501 (C) (3) 20,000       SUBAWARD
(44) FELLOWSHIP FOR INTERPRETATION OF GENOMES
15 W 155 81ST STREET
BURR RIDGE,IL60527 		14-1883085 501 (C) (3) 703,456       SUBAWARD
(45) FLORIDA INSTITUTE OF TECHNOLOGY
150 W UNIVERSITY BLVD
MELBOURNE,FL329016975 		59-6046500 501 (C) (3) 81,642       SUBAWARD
(46) FLORIDA INTERNATIONAL UNIVERSITY
11200 SW 8TH STREET CSC 310
MIAMI,FL33199 		65-0177616 GOV 110,915       SUBAWARD
(47) FRED HUTCHINSON CANCER RESEARCH CENTER
1100 FAIRVIEW AVENUE N PO BOX 19024
19024
SEATTLE,WA981091024 		23-7156071 501 (C) (3) 54,361       SUBAWARD
(48) FRIEND FAMILY HEALTH CENTER
800 E 55TH STREET
CHICAGO,IL60615 		36-4161801 501 (C) (3) 68,811       SUBAWARD
(49) GE GLOBAL RESEARCH
1 RESEARCH CIRCLE
NISKAYUNA,NY123091027 		14-0689340   100,090       SUBAWARD
(50) GEORGE WASHINGTON UNIVERSITY
44983 KNOLL SQUARE BLDG II
ASHBURN,VA20147 		53-0196584 501 (C) (3) 9,122       SUBAWARD
(51) GEORGIA HEALTH SCIENCES UNIVERSITY RESEARCH INSTITUTE
1120 15TH STREET
AUGUSTA,GA309124810 		58-1418202 501 (C) (3) 15,779       SUBAWARD
(52) GREATER AUBURN GRESHAM DEVELOPMENT CORPORATION
1159 WEST 79TH STREET
CHICAGO,IL60620 		36-4377387 501 (C) (3) 6,691       SUBAWARD
(53) HARVARD UNIVERSITY
667 HUNTINGTON AVENUE
BOSTON,MA021111817 		04-2103580 501 (C) (3) 607,597       SUBAWARD
(54) HEARTLAND HEALTH CENTERS
3048 N WILTON AVENUE
CHICAGO,IL60657 		36-3843377 501 (C) (3) 60,000       SUBAWARD
(55) HEKTOEN INSTITUTE
2240 W OGDEN AVENUE 2ND FLOOR
CHICAGO,IL60612 		36-2244897 501 (C) (3) 102,732       SUBAWARD
(56) ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI
ONE GUSTAVE L LEVY PLACE
NEW YORK,NY100296574 		13-6171197 501 (C) (3) 116,118       SUBAWARD
(57) IIT RESEARCH INSTITUTE
10 W 35TH STREET
CHICAGO,IL606163799 		36-2169122 501 (C) (3) 187,561       SUBAWARD
(58) ILLINOIS CANCER CARE
8940 N WOOD SAGE ROAD
PEORIA,IL616157822 		37-1409840   19,029       SUBAWARD
(59) ILLINOIS INSTITUTE OF TECHNOLOGY
3300 S FEDERAL STREET MAIN BLDG RM
308
CHICAGO,IL606163793 		36-2170136 501 (C) (3) 622,250       SUBAWARD
(60) INDIANA UNIVERSITY
POPLARS 426 400 E 7TH ST
BLOOMINGTON,IN47405 		35-6001673 GOV 1,306,587       SUBAWARD
(61) JOHNS HOPKINS UNIVERSITY
1101 E 33RD STREET
BALTIMORE,MD21218 		52-0595110 501 (C) (3) 380,671       SUBAWARD
(62) KAISER FOUNDATION RESEARCH INSTITUTE
1800 HARRISON STREET 16TH FLOOR
OAKLAND,CA946123433 		94-1105628 501 (C) (3) 27,935       SUBAWARD
(63) LA RABIDA CHILDREN'S HOSPITAL
6501 S PROMONTORY DRIVE
CHICAGO,IL60649 		36-2170143 501 (C) (3) 38,625       SUBAWARD
(64) LAWNDALE CHRISTIAN HEALTH CENTER
3860 W OGDEN AVENUE
CHICAGO,IL606232460 		36-3308953 501 (C) (3) 50,000       SUBAWARD
(65) LOUISIANA STATE UNIVERSITY
202 HIMES HALL
BATON ROUGE,LA70803 		72-6000848 501 (C) (3) 15,791       SUBAWARD
(66) LOYOLA UNIVERSITY
820 N MICHIGAN AVENUE
CHICAGO,IL60611 		36-1408475 501 (C) (3) 75,121       SUBAWARD
(67) LURIE CHILDREN'S HOSPITAL DBA CHILDREN'S MEMORIAL HOSPITAL
2300 CHILDRENS PLAZA BOX 268
CHICAGO,IL60614 		36-2170833 501 (C) (3) 42,450       SUBAWARD
(68) LUTHERAN SCHOOL OF THEOLOGY
1100 E 55TH STREET
CHICAGO,IL60615 		36-2246704 501 (C) (3) 50,000       SUBAWARD
(69) MASSACHUSETTS GENERAL HOSPITAL
55 FRUIT STREET
BOSTON,MA021142696 		04-2697983 501 (C) (3) 178,743       SUBAWARD
(70) MASSACHUSETTS INSTITUTE OF TECHNOLOGY
SUITE NE49-4161
CAMBRIDGE,MA02139 		04-2103594 501 (C) (3) 647,684       SUBAWARD
(71) MATHEMATICAL POLICY RESEARCH
PO BOX 2393
PRINCETON,NJ085432393 		22-2112296   11,687       SUBAWARD
(72) MAYO CLINIC
200 FIRST STREET SW
ROCHESTER,MN55905 		41-6011702 501 (C) (3) 168,303       SUBAWARD
(73) MDRC RESEARCH CORPORATION
16 EAST 34TH STREET
NEW YORK,NY10016 		23-7379473 501 (C) (3) 45,250       SUBAWARD
(74) MEDICAL COLLEGE OF WISCONSIN
8701 WATERTOWN PLANK ROAD
MILWAUKEE,WI532260509 		39-0806261 501 (C) (3) 259,006       SUBAWARD
(75) MEDICAL RESEARCH ANALYTICS AND INFORMATICS ALLIANCE
2225 W HARRISON STREET STE E
CHICAGO,IL60612 		45-3007467 501 (C) (3) 327,356       SUBAWARD
(76) MEDICAL UNIVERSITY OF SOUTH CAROLINA
18 BEE STREET
CHARLESTON,SC29425 		57-6028985 501 (C) (3) 6,400       SUBAWARD
(77) MEDSTAR HEALTH RESEARCH INSTITUTE
6525 BELCREST ROAD SUITE 700
HYATTSVILLE,MD207822031 		52-6056274 501 (C) (3) 12,296       SUBAWARD
(78) MICROBIOTIX INC
ONE INNOVATION DRIVE
WORCHESTER,MA016054307 		06-1538344   37,250       SUBAWARD
(79) MIDWEST CLINICIANS NETWORK
7215 WESTSHIRE DRIVE
LANSING,MI48917 		38-3189461 501 (C) (6) 63,275       SUBAWARD
(80) MONTERAY BAY RESEARCH INSTITUTE
7700 SANDHOLDT ROAD
MOSS LANDING,CA95039 		77-0150580 501 (C) (3) 126,675       SUBAWARD
(81) MORTEN GROUP LLC
7360 N SEELY AVE 1
CHICAGO,IL606452314 		47-2413158   91,548       SUBAWARD
(82) NATIONAL OPINION RESEARCH CENTER
55 EAST MONROE STREET
CHICAGO,IL60603 		36-2167808 501 (C) (3) 461,276       SUBAWARD
(83) NEIMAND COLLABORATIVE
1025 VERMONT AVENUE NW SUITE 830
WASHINGTON,DC20005 		52-1806524   828,171       SUBAWARD
(84) NEW YORK UNIVERSITY
726 BROADWAY
NEW YORK,NY10003 		13-5562308 501 (C) (3) 162,757       SUBAWARD
(85) NORTHEASTERN ILLINOIS UNIVERSITY
5500 NORTH ST LOUIS AVENUE
CHICAGO,IL60625 		36-6009515 GOV 64,387       SUBAWARD
(86) NORTHSHORE UNIVERSITY HEALTH SYSTEM
2650 RIDGE AVENUE - G221
EVANSTON,IL60201 		36-2167060 501 (C) (3) 92,093       SUBAWARD
(87) NORTHWESTERN UNIVERSITY
633 CLARK STREET SUITE G-547
EVANSTON,IL602081112 		36-2167817 501 (C) (3) 1,501,654       SUBAWARD
(88) OHIO STATE UNIVERSITY
901 WOODY HAYES DRIVE
COLUMBUS,OH432104016 		31-6025986 GOV 171,532       SUBAWARD
(89) OREGON HEALTH & SCIENCE UNIVERSITY
3181 SW SAM JACKSON PARK ROAD
PORTLAND,OR972393098 		93-1176109 GOV 83,733       SUBAWARD
(90) OREGON STATE UNIVERSITY
B308 KERR ADMINISTRATION BLDG
CORVALLIS,OR973312140 		48-1278540 GOV 18,174       SUBAWARD
(91) ORLIN RESEARCH INC
97 ORLIN AVENUE
MINNEAPOLIS,MN55414 		20-2552087   108,500       SUBAWARD
(92) OUNCE OF PREVENTION FUND
33 WEST MONROE STREET SUITE 2400
CHICAGO,IL606035400 		36-3186328 501 (C) (3) 47,542       SUBAWARD
(93) PACIFIC NORTHWEST NATIONAL LABORATORY
902 BATTELLE BLVD
RICHLAND,WA99354 		31-4379427 501 (C) (3) OR GOV 50,000       SUBAWARD
(94) PENN STATE UNIVERSITY
513 JOAB L THOMAS BLDG
UNIVERSITY PARK,PA16802 		24-6000376 GOV 89,851       SUBAWARD
(95) PHARSIGHT CORPORATION
100 OVERLOOK CENTER SUITE 101
PRINCETON,NJ085407814 		77-0401273   45,500       SUBAWARD
(96) PHILLIPS ELECTRONICS NORTH AMERICA CORP
345 SCARBOROUGH ROAD
BRIAR CLIFF MANOR,NY10510 		13-3429115   90,592       SUBAWARD
(97) PLANETARY SCIENCE INSTITUTE
1700 EAST FORT LOWELL ROAD SUITE
106
TUCSON,AZ857192395 		33-0175263 501 (C) (3) 5,394       SUBAWARD
(98) PLANNED PARENTHOOD OF ILLINOIS
18 S MICHIGAN AVENUE 6TH FLOOR
CHICAGO,IL60603 		36-2170901 501 (C) (3) 37,745       SUBAWARD
(99) PRINCETON UNIVERSITY
5 NEW SOUTH BUILDING PO BOX 5292
PRINCETON,NJ085445292 		21-0634501 501 (C) (3) 124,359       SUBAWARD
(100) PROJECT HOPE
255 CARTER HALL LANE
MILLWOOD,VA22646 		53-0242962 501 (C) (3) 14,395       SUBAWARD
(101) PURDUE UNIVERSITY
302 WOOD STREET
WEST LAFAYETTE,IN479072040 		35-6002041 GOV 670,381       SUBAWARD
(102) REHABILITATION INSTITUTE OF CHICAGO
345 E SUPERIOR STREET ONT924
CHICAGO,IL606112654 		36-2256036 501 (C) (3) 110,000       SUBAWARD
(103) RESEARCH FOUNDATION FOR SUNY
402 CROFTS HALL
BUFFALO,NY142607016 		14-1368361 501 (C) (3) 401,820       SUBAWARD
(104) RICE UNIVERSITY
6100 MAIN STREET
HOUSTON,TX77005 		74-1109620 501 (C) (3) 235,660       SUBAWARD
(105) ROSALIND FRANKLIN UNIVERSITY OF MEDICINE AND SCIENCE
3333 GREEN BAY ROAD
NORTH CHICAGO,IL600643095 		36-2181973 501 (C) (3) 35,240       SUBAWARD
(106) RUSH UNIVERSITY MEDICAL CENTER
1700 WEST VAN BUREN STREET ROOM NO
CHICAGO,IL60612 		36-2174823 501 (C) (3) 119,100       SUBAWARD
(107) RUTGERS UNIVERSITY
125 PATERSON STREET
NEW BRUNSWICK,NJ089011962 		22-6001086 GOV 85,891       SUBAWARD
(108) SARAH CANNON RESEARCH INSTITUTE LLC
3322 WEST END AVENUE SUITE 900
NASHVILLE,TN37203 		20-1557751 501 (C) (3) 11,050       SUBAWARD
(109) SCHOOL OF THE ART INSTITUTE OF CHICAGO
37 S WABASH AVENUE
CHICAGO,IL606033002 		36-2167725 501 (C) (3) 28,398       SUBAWARD
(110) SEATTLE CHILDREN'S RESEARCH INSTITUTE
1900 NINTH AVENUE MS C95-5
SEATTLE,WA98101 		91-0564748 501 (C) (3) 323,437       SUBAWARD
(111) SEATTLE INSTITUTE FOR BIOMEDICAL & CLINICAL RESEARCH
1660 SO COLUMBIAN WAY S-151F
SEATTLE,WA981081532 		91-1452438 501 (C) (3) 46,736       SUBAWARD
(112) SETI INSTITUTE
189 B ERNARDO AVENUE
MOUNTAIN VIEW,CA940435203 		94-2951356 501 (C) (3) 8,847       SUBAWARD
(113) SINAI HEALTH SYSTEM
1500 S CALIFORNIA
CHICAGO,IL606081797 		36-3166895 501 (C) (3) 252,000       SUBAWARD
(114) SLOAN-KETTERING INSTITUTE FOR CANCER RESEARCH
1275 YORK AVENUE
NEW YORK,NY10065 		13-1624182 501 (C) (3) 29,857       SUBAWARD
(115) SMITHSONIAN ASTROPHYSICAL OBSERVATORY
60 GARDEN STREET
CAMBRIDGE,MA021381516 		53-0206027 501 (C) (3) 104,306       SUBAWARD
(116) ST JUDE CHILDREN'S RESEARCH HOSPITAL
262 DANNY THOMAS PLACE
MEMPHIS,TN381053678 		62-0646012 501 (C) (3) 5,093       SUBAWARD
(117) STANFORD UNIVERSITY
340 PANAMA STREET
STANFORD,CA94305 		94-1156365 501 (C) (3) 691,342       SUBAWARD
(118) STORYOGRAPHERS LLC
4740 S DREXEL BLVD REAR UNIT
CHICAGO,IL60615 		46-5001401   47,623       SUBAWARD
(119) SWEET WATER FOUNDATION
5749 S PERRY AVENUE
CHICAGO,IL60621 		27-1391983 501 (C) (3) 300,000       SUBAWARD
(120) TCA HEALTH INC
1029 E 130TH STREET
CHICAGO,IL60628 		36-2743287 501 (C) (3) 18,253       SUBAWARD
(121) THE BROAD INSTITUTE
415 MAIN STREET
CAMBRIDGE,MA021421401 		62-3544785 501 (C) (3) 230,489       SUBAWARD
(122) THE MIND RESEARCH NETWORK
1101 YALE BOULEVARD NE
ALBUQUERQUE,NM871064188 		85-0457562 501 (C) (3) 321,673       SUBAWARD
(123) THE MIRIAM HOSPITAL
164 SUMMIT AVENUE
PROVIDENCE,RI029062853 		05-0258905 501 (C) (3) 17,555       SUBAWARD
(124) THE REBUILD FOUNDATION
6916 S DORCHESTER AVENUE
CHICAGO,IL60637 		27-1308845 501 (C) (3) 249,941       SUBAWARD
(125) THE TRANSLATIONAL GENOMICS RESEARCH INSTITUTE
445 N FIFTH STREET
PHOENIX,AZ850043902 		75-3065445 501 (C) (3) 87,662       SUBAWARD
(126) UNIVERSITY OF ALABAMA
1530 3RD AVENUE S AB 1170
BIRMINGHAM,AL35294 		63-6005996 501 (C) (3) 31,469       SUBAWARD
(127) UNIVERSITY OF ARIZONA
888 N EUCLID ROOM 510
TUCSON,AZ85722 		74-2652689 GOV 94,615       SUBAWARD
(128) UNIVERSITY OF CALIFORNIA-BK
2150 SHATTUCK AVENUE SUITE 300
BERKELEY,CA947045940 		94-6002123 GOV 794,165       SUBAWARD
(129) UNIVERSITY OF CALIFORNIA-DV
ONE SHIELDS AVENUE
DAVIS,CA956168677 		94-6036494 GOV 321,930       SUBAWARD
(130) UNIVERSITY OF CALIFORNIA-IR
4255 CAMPUS DRIVE
IRVINE,CA92697 		95-2226406 GOV 191,371       SUBAWARD
(131) UNIVERSITY OF CALIFORNIA-LA
10920 WILSHIRE BOULEVARD SUITE 1200
1200
LOS ANGELES,CA900241406 		95-6006143 GOV 628,540       SUBAWARD
(132) UNIVERSITY OF CALIFORNIA-SC
1156 HIGH STREET
SANTA CRUZ,CA950641077 		94-1539563 GOV 40,675       SUBAWARD
(133) UNIVERSITY OF CALIFORNIA-SD
9500 GILMAN DRIVE - RM 3041
LA JOLLA,CA920930660 		95-6006144 GOV 348,662       SUBAWARD
(134) UNIVERSITY OF CALIFORNIA-SF
3333 CALIFORNIA STREET SUITE 315
SAN FRANCISCO,CA94118 		94-6036493 GOV 23,295       SUBAWARD
(135) UNIVERSITY OF COLORADO
3100 MARINE STREET
BOULDER,CO80309 		39-1481425 GOV 269,262       SUBAWARD
(136) UNIVERSITY OF CONNECTICUT
438 WHITNEY ROAD EXT UNIT 1133
STORRS,CT06269 		06-0772160 GOV 22,206       SUBAWARD
(137) UNIVERSITY OF DENVER
2199 S UNIVERSITY BOULEVARD
DENVER,CO802082121 		84-0404231 GOV 269,375       SUBAWARD
(138) UNIVERSITY OF FLORIDA
219 GRINTER HALL PO BOX 1003628
GAINESVILLE,FL32611 		59-0974739 GOV 9,401       SUBAWARD
(139) UNIVERSITY OF ILLINOIS-URBANACHAMPAIGN
1901 S FIRST ST SUITE A MC-685
CHAMPAIGN,IL618206242 		37-6000511 GOV 4,238,758       SUBAWARD
(140) UNIVERSITY OF IOWA
201 GILMORE HALL
IOWA CITY,IA52242 		42-6004813 GOV 48,661       SUBAWARD
(141) UNIVERSITY OF KANSAS CENTER FOR RESEARCH
2385 IRVING HILL ROAD
LAWRENCE,KS66045 		48-0680117 501 (C) (3) 347,706       SUBAWARD
(142) UNIVERSITY OF KANSAS MEDICAL CENTER RESEARCH INSTITUTE INC
3901 RAINBOW BOULEVARD MAIL STOP
1039
KANSAS CITY,KS66160 		48-1108830 501 (C) (3) 13,600       SUBAWARD
(143) UNIVERSITY OF KENTUCKY
109 KINKEAD HALL
LEXINGTON,KY40506 		61-6001218 GOV 81,935       SUBAWARD
(144) UNIVERSITY OF LOUISVILLE RESEARCH FOUNDATION INC
300 EAST MARKET STREET SUITE 300
LOUISVILLE,KY402021959 		61-1029626 GOV 23,187       SUBAWARD
(145) UNIVERSITY OF MARYLAND
3300 METZEROTT ROAD
ADELPHI,MD20783 		52-6002033 GOV 138,405       SUBAWARD
(146) UNIVERSITY OF MIAMI
P O BOX 248106
CORAL GABLES,FL331241422 		59-0624458 501 (C) (3) 10,600       SUBAWARD
(147) UNIVERSITY OF MICHIGAN
3003 S STATE STREET 3089 WOLVERINE
TOWER
ANN ARBOR,MI481091287 		38-6006309 GOV 1,943,616       SUBAWARD
(148) UNIVERSITY OF MINNESOTA
200 OAK STREET SE
MINNEAPOLIS,MN55455 		41-6007513 GOV 99,230       SUBAWARD
(149) UNIVERSITY OF MISSOURI
310 JESSE HALL
COLUMBIA,MO652111230 		43-6003859 GOV 29,698       SUBAWARD
(150) UNIVERSITY OF NEBRASKA
98600 NEBRASKA MEDICAL CENTER
OMAHA,NE681985774 		47-0049123 GOV 115,458       SUBAWARD
(151) UNIVERSITY OF NORTH CAROLINA
104 AIRPORT DRIVE CB1350
CHAPEL HILL,NC275991350 		56-6001393 GOV 229,283       SUBAWARD
(152) UNIVERSITY OF NOTRE DAME
402 GRACE HALL
NOTRE DAME,IN46556 		35-0868188 501 (C) (3) 22,180       SUBAWARD
(153) UNIVERSITY OF OREGON
5219 UNIVERSITY OF OREGON
EUGENE,OR974035219 		93-6015767 GOV 142,340       SUBAWARD
(154) UNIVERSITY OF PENNSYLVANIA
3451 WALNUT STREET P-221 FRANKLIN
BLDG
PHILADELPHIA,PA191046205 		23-1352685 501 (C) (3) 119,070       SUBAWARD
(155) UNIVERSITY OF PITTSBURGH
3100 CATHEDRAL OF LEARNING
PITTSBURGH,PA15260 		25-0965591 501 (C) (3) 746,400       SUBAWARD
(156) UNIVERSITY OF SCIENCES IN PHILADELPHIA
600 SOUTH 43RD STREET
PHILADELPHIA,PA19104 		23-1352668 501 (C) (3) 21,774       SUBAWARD
(157) UNIVERSITY OF SOUTH CAROLINA
1600 HAMPTON STREET SUITE 613
COLUMBIA,SC29208 		57-6001153 GOV 53,119       SUBAWARD
(158) UNIVERSITY OF SOUTHERN CALIFORNIA
UNIVERSITY PARK CAMPUS - STO 330
LOS ANGELES,CA900891147 		95-1642394 501 (C) (3) 374,421       SUBAWARD
(159) UNIVERSITY OF TENNESSEE
UTHSC 62 S DUNLAP
MEMPHIS,TN38163 		62-6001636 GOV 307,470       SUBAWARD
(160) UNIVERSITY OF TEXAS HSC AT HOUSTON
7000 FANNIN UCT SUITE 2514
HOUSTON,TX770305401 		74-1761309 GOV 82,008       SUBAWARD
(161) UNIVERSITY OF TEXAS MD ANDERSON CANCER CENTER
P O BOX 7159
AUSTIN,TX78713 		74-6001118 GOV 11,924       SUBAWARD
(162) UNIVERSITY OF TEXAS-AU
101 E 27TH STE 5300
AUSTIN,TX787121500 		07-9497681 GOV 92,830       SUBAWARD
(163) UNIVERSITY OF VIRGINIA
P O BOX 400202
CHARLOTTESVILLE,VA22904 		54-6001796 GOV 344,038       SUBAWARD
(164) UNIVERSITY OF WASHINGTON
1100 NE 45TH STREET SUITE 300
SEATTLE,WA981054683 		91-6001537 GOV 288,313       SUBAWARD
(165) UNIVERSITY OF WISCONSIN-MADISON
21 NORTH PARK STREET - SUITE 6401
MADISON,WI537151218 		39-6006492 GOV 821,015       SUBAWARD
(166) URBAN INSTITUTE
2100 M STREET NW
WASHINGTON,DC20037 		52-0880375 501 (C) (3) 145,593       SUBAWARD
(167) VANDERBILT UNIVERSITY
3319 WEST END AVENUE SUITE 800
NASHVILLE,TN372036876 		62-0476822 501 (C) (3) 898,318       SUBAWARD
(168) VIRGINIA COMMONWEALTH UNIVERSITY
800 EAST LEIGH ST SUITE 113 PO BOX
980568
RICHMOND,VA23298 		54-6001758 GOV 26,412       SUBAWARD
(169) VIRGINIA POLYTECHNIC INSTITUTE AND STATE UNIVERSITY
300 TURNER STREET NW SUITE 4200
BLACKSBURG,VA24061 		54-6001805 GOV 1,674,503       SUBAWARD
(170) WASHINGTON UNIVERSITY
700 ROSEDALE AVENUE BOX 1034
ST LOUIS,MO631121408 		43-6053611 501 (C) (3) 84,209       SUBAWARD
(171) WAYNE STATE UNIVERSITY
5700 CASS AVENUE ACADEMIC ADMIN
BLDG 4900
DETROIT,MI48202 		38-3555142 501 (C) (3) 27,724       SUBAWARD
(172) WOLCOTT SCHOOL
524 N WOLCOTT AVENUE
CHICAGO,IL60622 		36-4496852 501 (C) (3) 104,046       SUBAWARD
(173) YALE UNIVERSITY
155 WHITNEY AVE SUITE 230 PO BOX
208250
NEW HAVEN,CT06520 		06-0646973 501 (C) (3) 979,449       SUBAWARD
(174) YOUTH GUIDANCE
1 NORTH LASALLE ST SUITE 900
CHICAGO,IL60602 		36-2167032 501 (C) (3) 20,620       SUBAWARD
2
Enter total number of section 501(c)(3) and government organizations listed in the line 1 table ................. Bullet Image
 
3
Enter total number of other organizations listed in the line 1 table ........................ . Bullet Image
 
For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 50055P
Schedule I (Form 990) 2015

Schedule I (Form 990) 2015
Page 2
Part III
Grants and Other Assistance to Domestic Individuals. Complete if the organization answered "Yes" on Form 990, Part IV, line 22.
Part III can be duplicated if additional space is needed.
(a) Type of grant or assistance (b) Number of
recipients		 (c) Amount of
cash grant		 (d) Amount of
non-cash assistance		 (e) Method of valuation (book,
FMV, appraisal, other)		 (f) Description of non-cash assistance
(1) UNDERGRADUATE STUDENT AID 3587 125,771,504      
(2) GRADUATE STUDENT AID 6576 253,902,190      
(2)
(3)
(4)
(5)
(6)
(7)
Part IV
Supplemental Information. Provide the information required in Part I, line 2, Part III, column (b), and any other additional information.
Return Reference Explanation
PART I, LINE 2: THE UNIVERSITY WILL PERFORM A RISK ASSESSMENT AT THE PROPOSAL STAGE BEFORE FUNDING IS APPROVED. UNIVERSITY DEPARTMENT ADMINISTRATORS AND THE PRINCIPAL INVESTIGATOR WILL REVIEW INVOICES AND CERTIFY AS TO ALLOWABILITY AND APPROPRIATENESS OF CHARGES. CENTRAL SPONSORED AWARD ACCOUNTING WILL ALSO PERFORM A REVIEW THAT THE EXPENDITURES FALL WITHIN THE CONTRACT AMOUNT AND PERIOD OF PERFORMANCE.
Schedule I (Form 990) 2015



Additional Data


Software ID:  
Software Version:  


Schedule J
(Form 990)
Department of the Treasury
Internal Revenue Service
Compensation Information
For certain Officers, Directors, Trustees, Key Employees, and Highest
Compensated Employees
SchJMediumBullet Complete if the organization answered "Yes" on Form 990, Part IV, line 23.
SchJMediumBullet Attach to Form 990.
SchJMediumBullet Information about Schedule J (Form 990) and its instructions is at www.irs.gov/form990.
OMB No. 1545-0047
2015
Open to Public Inspection
Name of the organization
UNIVERSITY OF CHICAGO
 
Employer identification number

36-2177139
Part I
Questions Regarding Compensation
Yes
No
1a
Check the appropiate box(es) if the organization provided any of the following to or for a person listed on Form
990, Part VII, Section A, line 1a. Complete Part III to provide any relevant information regarding these items.
b
If any of the boxes in line 1a are checked, did the organization follow a written policy regarding payment or reimbursement or provision of all of the expenses described above? If "No," complete Part III to explain .........
1b
Yes
 
2
Did the organization require substantiation prior to reimbursing or allowing expenses incurred by all
directors, trustees, officers, including the CEO/Executive Director, regarding the items checked in line 1a? ..
2
Yes
 
3
Indicate which, if any, of the following the filing organization used to establish the compensation of the
organization's CEO/Executive Director. Check all that apply. Do not check any boxes for methods
used by a related organization to establish compensation of the CEO/Executive Director, but explain in Part III.
4
During the year, did any person listed on Form 990, Part VII, Section A, line 1a with respect to the filing organization or a related organization:
a
Receive a severance payment or change-of-control payment? ................
4a
Yes
 
b
Participate in, or receive payment from, a supplemental nonqualified retirement plan? .........
4b
Yes
 
c
Participate in, or receive payment from, an equity-based compensation arrangement? .........
4c
 
No
If "Yes" to any of lines 4a-c, list the persons and provide the applicable amounts for each item in Part III.
Only 501(c)(3), 501(c)(4), and 501(c)(29) organizations must complete lines 5-9.
5
For persons listed on Form 990, Part VII, Section A, line 1a, did the organization pay or accrue any
compensation contingent on the revenues of:
a
The organization? ...........................
5a
 
No
b
Any related organization?
5b
 
No
If "Yes," on line 5a or 5b, describe in Part III.
6
For persons listed on Form 990, Part VII, Section A, line 1a, did the organization pay or accrue any
compensation contingent on the net earnings of:
a
The organization?
6a
 
No
b
Any related organization? .........................
6b
 
No
If "Yes," on line 6a or 6b, describe in Part III.
7
For persons listed on Form 990, Part VII, Section A, line 1a, did the organization provide any non-fixed
payments not described in lines 5 and 6? If "Yes," describe in Part III ............
7
Yes
 
8
Were any amounts reported on Form 990, Part VII, paid or accured pursuant to a contract that was
subject to the initial contract exception described in Regulations section 53.4958-4(a)(3)? If "Yes," describe
in Part III .............................
8
 
No
9
If "Yes" on line 8, did the organization also follow the rebuttable presumption procedure described in Regulations section 53.4958-6(c)? .........................
9
 
 
For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 50053T
Schedule J (Form 990) 2015

Schedule J (Form 990) 2015
Page 2
Part II
Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees. Use duplicate copies if additional space is needed.
For each individual whose compensation must be reported on Schedule J, report compensation from the organization on row (i) and from related organizations, described in the
instructions, on row (ii). Do not list any individuals that are not listed on Form 990, Part VII.
Note. The sum of columns (B)(i)-(iii) for each listed individual must equal the total amount of Form 990, Part VII, Section A, line 1a, applicable column (D) and (E) amounts for that individual.
(A) Name and Title (B) Breakdown of W-2 and/or 1099-MISC compensation (C) Retirement and other deferred compensation (D) Nontaxable
benefits		 (E) Total of columns
(B)(i)-(D) 		(F) Compensation in column(B) reported as deferred on prior Form 990
(i) Base compensation (ii) Bonus & incentive compensation (iii) Other reportable compensation
1ROBERT J ZIMMERPRESIDENT (i)

(ii)		 1,056,288
-------------
0 		1,628,567
-------------
0 		37,174
-------------
0 		368,000
-------------
0 		142,858
-------------
0 		3,232,887
-------------
0 		1,273,756
-------------
0
2ERIC ISAACSPROVOST (i)

(ii)		 755,638
-------------
0 		0
-------------
0 		10,108
-------------
0 		21,200
-------------
0 		88,351
-------------
0 		875,297
-------------
0 		0
-------------
0
3ROWAN MIRANDAVP FOR OPERATIONS & CFO (i)

(ii)		 604,937
-------------
0 		102,900
-------------
0 		18,744
-------------
0 		21,200
-------------
0 		59,201
-------------
0 		806,982
-------------
0 		0
-------------
0
4KAREN WARREN COLEMANVP CAMPUS AND STUD. LIFE (i)

(ii)		 302,216
-------------
0 		15,250
-------------
0 		1,343
-------------
0 		21,200
-------------
0 		21,543
-------------
0 		361,552
-------------
0 		0
-------------
0
5DEREK DOUGLASVP CIVIC ENGAGEMENT (i)

(ii)		 404,180
-------------
0 		76,375
-------------
0 		1,812
-------------
0 		21,200
-------------
0 		51,486
-------------
0 		555,053
-------------
0 		0
-------------
0
6DAVID B FITHIANEXECUTIVE VICE PRESIDENT (i)

(ii)		 514,982
-------------
0 		49,500
-------------
0 		3,995
-------------
0 		21,200
-------------
0 		15,356
-------------
0 		605,033
-------------
0 		0
-------------
0
7KIMBERLY TAYLORVP & GENERAL COUNSEL (i)

(ii)		 558,916
-------------
0 		70,435
-------------
0 		4,459
-------------
0 		21,200
-------------
0 		57,342
-------------
0 		712,352
-------------
0 		0
-------------
0
8RICHARD IORIOVP & CHIEF HUMAN RESOURCE OFC. (i)

(ii)		 43,845
-------------
0 		0
-------------
0 		677,563
-------------
0 		3,852
-------------
0 		7,715
-------------
0 		732,975
-------------
0 		0
-------------
0
9DONALD H LEVYVP FOR RESEARCH (i)

(ii)		 402,520
-------------
0 		23,320
-------------
0 		0
-------------
0 		21,200
-------------
0 		14,051
-------------
0 		461,091
-------------
0 		0
-------------
0
10JOHN LONGBRAKEVP COMMUNICATIONS (i)

(ii)		 126,067
-------------
0 		0
-------------
0 		3,618
-------------
0 		10,286
-------------
0 		28,076
-------------
0 		168,047
-------------
0 		0
-------------
0
11KENNETH MANOTTIVP ALUMNI RELATIONS & DEVL. (i)

(ii)		 537,887
-------------
0 		53,000
-------------
0 		18,041
-------------
0 		21,200
-------------
0 		13,981
-------------
0 		644,109
-------------
0 		0
-------------
0
12JAMES G NONDORFVP ENROLL. & STUDENT ADV. (i)

(ii)		 505,412
-------------
0 		49,000
-------------
0 		2,837
-------------
0 		21,200
-------------
0 		9,635
-------------
0 		588,084
-------------
0 		0
-------------
0
13JULIE PETERSONVP COMMUNICATIONS (i)

(ii)		 406,085
-------------
0 		21,080
-------------
0 		2,271
-------------
0 		16,505
-------------
0 		16,119
-------------
0 		462,060
-------------
0 		0
-------------
0
14KENNETH S POLONSKYEXEC. VP MEDICAL AFFAIRS (i)

(ii)		 1,575,464
-------------
0 		420,000
-------------
0 		15,407
-------------
0 		21,200
-------------
202,466 		22,854
-------------
0 		2,054,925
-------------
202,466 		0
-------------
0
15DARREN REISBERGSECRETARY OF THE UNIVERSITY (i)

(ii)		 275,094
-------------
0 		20,500
-------------
0 		881
-------------
0 		21,200
-------------
0 		10,735
-------------
0 		328,410
-------------
0 		0
-------------
0
16MARK A SCHMIDVP AND CHIEF INVEST. OFFICER (i)

(ii)		 656,616
-------------
0 		1,463,135
-------------
0 		7,536
-------------
0 		758,071
-------------
0 		66,425
-------------
0 		2,951,783
-------------
0 		693,000
-------------
0
17IAN SOLOMONVP GLOBAL ENGAGEMENT (i)

(ii)		 324,434
-------------
0 		18,920
-------------
0 		18,900
-------------
0 		21,200
-------------
0 		20,830
-------------
0 		404,284
-------------
0 		0
-------------
0
18KATIE CALLOW-WRIGHTVP & CHIEF OF STAFF (i)

(ii)		 258,853
-------------
0 		0
-------------
0 		414
-------------
0 		21,200
-------------
0 		29,916
-------------
0 		310,383
-------------
0 		0
-------------
0
19MICHAEL EDLESONINVESTMENT CHIEF RISK OFFICER (i)

(ii)		 394,787
-------------
0 		738,823
-------------
0 		0
-------------
0 		368,033
-------------
0 		22,975
-------------
0 		1,524,618
-------------
0 		374,036
-------------
0
20PATRICK O'HARAINV CHIEF OPERATING OFFICER (i)

(ii)		 417,986
-------------
0 		710,656
-------------
0 		0
-------------
0 		382,170
-------------
0 		14,547
-------------
0 		1,525,359
-------------
0 		333,670
-------------
0
21VALLUVAN JEEVANANDAMCHIEF CARDIAC & THORACIC SURG. (i)

(ii)		 1,216,109
-------------
0 		35,833
-------------
0 		0
-------------
0 		21,200
-------------
0 		20,402
-------------
0 		1,293,544
-------------
0 		0
-------------
0
22JOANNA RUPPMANAGING DIRECTOR - PRIV. EQUITY (i)

(ii)		 432,896
-------------
0 		730,091
-------------
0 		0
-------------
0 		381,304
-------------
0 		43,357
-------------
0 		1,587,648
-------------
0 		353,042
-------------
0
23ARIEH SHALHAVPROFESSOR & CHIEF (i)

(ii)		 1,096,491
-------------
0 		61,146
-------------
0 		0
-------------
0 		21,200
-------------
0 		8,591
-------------
0 		1,187,428
-------------
0 		0
-------------
0
24BETH A HARRISINTERIM DIRECTOR LAB SCHOOLS (i)

(ii)		 213,886
-------------
0 		0
-------------
0 		947,073
-------------
0 		17,482
-------------
0 		28,588
-------------
0 		1,207,029
-------------
0 		0
-------------
0
25EVERETT VOKESCHAIRMAN OF MEDICINE (i)

(ii)		 748,924
-------------
0 		120,000
-------------
0 		0
-------------
0 		21,200
-------------
0 		29,964
-------------
0 		920,088
-------------
0 		0
-------------
0
26SUNIL P KUMARDEAN OF BOOTH SCH. OF BUS. (i)

(ii)		 573,260
-------------
0 		43,193
-------------
0 		3,302
-------------
0 		21,200
-------------
0 		31,540
-------------
0 		672,495
-------------
0 		0
-------------
0
Schedule J (Form 990) 2015

Schedule J (Form 990) 2015
Page 3
Part III
Supplemental Information
Provide the information, explanation, or descriptions required for Part I, lines 1a, 1b, 3, 4a, 4b, 4c, 5a, 5b, 6a, 6b, 7, and 8, and for Part II. Also complete this part for any additional information.
Return Reference Explanation
PART I, LINE 1A FIRST CLASS TRAVEL. UNDER WRITTEN UNIVERSITY POLICY, FIRST CLASS AIR TRAVEL IS ONLY ALLOWED WHEN APPROVED IN ADVANCE BY A DEAN, VICE PRESIDENT OR THE PROVOST. FIVE OFFICERS WERE APPROVED FOR FIRST CLASS TRAVEL IN ACCORDANCE WITH THIS POLICY. NONE OF THE BUSINESS TRIPS WERE DEEMED TAXABLE COMPENSATION. TRAVEL FOR COMPANION. UNDER WRITTEN UNIVERSITY POLICY, TRAVEL FOR COMPANIONS MUST BE PRE-APPROVED BY THE CHIEF FINANCIAL OFFICER AND WILL ONLY BE APPROVED WHEN THE COMPANION TRAVEL SERVES A BONA FIDE BUSINESS PURPOSE. TWO OFFICERS HAD COMPANION TRAVEL APPROVED IN ACCORDANCE WITH THIS POLICY. THE COST OF THE COMPANION TRAVEL WAS NOT DEEMED TAXABLE COMPENSATION. HOUSING ALLOWANCE OR RESIDENCE FOR PERSONAL USE. (PART 1A &1B AND PART II, COLUMN D FOR ROBERT J. ZIMMER). HOUSING ALLOWANCES ARE ONLY PERMITTED IF PRE-APPROVED BY THE PROVOST'S OFFICE OR UNIVERSITY HUMAN RESOURCES. TWO OFFICERS RECEIVED HOUSING ALLOWANCES, WHICH WERE INCLUDED IN THE INDIVIDUAL'S TAXABLE COMPENSATION. OF THE AMOUNT IN COLUMN D FOR ROBERT J. ZIMMER, $112,896 REPRESENTS THE VALUE OF THE UNIVERSITY-OWNED HOUSING PROVIDED TO THE PRESIDENT, WHICH IS NOT DEEMED A TAXABLE BENEFIT. SOCIAL AND HEALTH CLUB DUES. UNDER WRITTEN UNIVERSITY POLICY, SOCIAL AND HEALTH CLUB DUES ARE REIMBURSABLE ONLY IF THE BENEFITS OF THE MEMBERSHIP SUPPORT THE UNIVERSITY'S MISSION AND ONLY IF THE REIMBURSEMENT IS APPROVED BY A DEAN, VICE PRESIDENT, PROVOST OR PRESIDENT OF THE UNIVERSITY. ANY PORTION OF THE DUES NOT USED FOR BUSINESS PURPOSES IS CONSIDERED TAXABLE COMPENSATION. OFFICERS OF THE UNIVERSITY MAINTAIN MEMBERSHIP IN THE QUADRANGLE CLUB, A RELATED ORGANIZATION THAT OPERATES A FACULTY CLUB ON THE CAMPUS OF THE UNIVERSITY FOR PURPOSES OF CONDUCTING MEETINGS AND OTHER UNIVERSITY BUSINESS. THE UNIVERSITY REIMBURSES OFFICERS FOR THESE DUES AND THE REIMBURSEMENT IS NOT DEEMED TAXABLE COMPENSATION. IN ADDITION THREE OFFICERS AND ONE FORMER KEY EMPLOYEE HAD SOCIAL CLUB DUES REIMBURSED BY THE UNIVERSITY FOR BUSINESS PURPOSES AND THE REIMBURSEMENT WAS NOT DEEMED TAXABLE COMPENSATION. PERSONAL SERVICES. THE UNIVERSITY PROVIDES FOR THE MAINTENANCE AND CLEANING OF THE UNIVERSITY OWNED HOUSE PROVIDED TO THE PRESIDENT. THESE SERVICES WERE NOT DEEMED A TAXABLE BENEFIT.
PART I, LINES 4A-B PART I, LINE 4A: SEVERANCE PAYMENT: BETH HARRIS $912,578. RICHARD IORIO $677,563. PART I, LINE 4B: ROBERT J. ZIMMER $346,800. KENNETH POLONSKY $202,486.
PART I, LINE 7 INVESTMENT OFFICE PERSONNEL PARTICIPATE IN AN INCENTIVE COMPENSATION PROGRAM BASED ON PERFORMANCE AND QUALITATIVE MEASUREMENTS.
Schedule J (Form 990) 2015
Additional Data


Software ID:  
Software Version:  
Schedule K
(Form 990)
Department of the Treasury
Internal Revenue Service
Supplemental Information on Tax Exempt Bonds
SchKMediumBullet Complete if the organization answered "Yes" to Form 990, Part IV, line 24a. Provide descriptions,
explanations, and any additional information in Part VI.
SchKMediumBullet Attach to Form 990.
SchKMediumBulletInformation about Schedule K (Form 990) and its instructions is at www.irs.gov/form990.
OMB No. 1545-0047
2015
Open to Public
Inspection
Name of the organization
UNIVERSITY OF CHICAGO
 
Employer identification number
36-2177139
Part I
Bond Issues
(a) Issuer name (b) Issuer EIN (c) CUSIP # (d) Date issued (e) Issue price (f) Description of purpose (g) Defeased (h) On
behalf of
issuer		 (i) Pool
financing
Yes No Yes No Yes No
A IEFA 50000000 ADJ RATE REV BONDSSERIES 2003B
  		52-1297563 4520017E4 08-28-2003 50,000,000 SEE SUPPLEMENTAL INFORMATION   X   X   X
B IFA 100000000 REVENUE BONDS SERIES 2004B
  		86-1091967 45200BHH4 11-10-2004 100,000,000 SEE SUPPLEMENTAL INFORMATION   X   X   X
C IFA 80000000 ADJ RAT REV REFUNDING BONDS 2004C
  		86-1091967 45200BJG4 11-30-2004 80,000,000 SEE SUPPLEMENTAL INFORMATION   X   X   X
D IFA 244030000 REVENUE BONDS SERIES 2007
  		86-1091967 45200B6F0 06-28-2007 249,996,429 SEE SUPPLEMENTAL INFORMATION   X   X   X
IFA XXX-XX-XXXX ADJ RATE DEMAND REV SERIES 2008
  		86-1091967 45200FEG0 04-03-2008 123,604,000 SEE SUPPLEMENTAL INFORMATION   X   X   X
IFA 500000000 REVENUE BONDS SERIES 2008B
  		86-1091967 45203HC42 01-07-2009 502,370,736 SEE SUPPLEMENTAL INFORMATION   X   X   X
IFA 369570000 REVENUE BONDS SERIES 2012A
  		86-1091967 45203HFF4 02-02-2012 421,065,981 SEE SUPPLEMENTAL INFORMATION   X   X   X
IFA 149090000 REVENUE BONDS SERIES 2013A
  		86-1091967 45203HRE4 05-15-2013 159,766,350 SEE SUPPLEMENTAL INFORMATION   X   X   X
IFA 650000000 REVENUE BONDS SERIES 2014A
  		86-1091967 45203HB68 08-12-2014 644,509,246 SEE SUPPLEMENTAL INFORMATION   X   X   X
IFA XXX-XX-XXXX REVENUE BONDS SERIES 2015A
  		86-1091967 45203H3H3 09-10-2015 452,070,011 SEE SUPPLEMENTAL INFORMATION   X   X   X
Part II
Proceeds
A B C D
1 Amount of bonds retired .................. 12,502,000 21,059,000 2,548,000 9,765,000
2 Amount of bonds legally defeased ..............   395,655,000   230,320,000
3 Total proceeds of issue .................. 50,141,933 102,437,189 80,000,000 256,001,810
4 Gross proceeds in reserve funds .............        
5 Capitalized interest from proceeds .............        
6 Proceeds in refunding escrows ............... 438,625,217 240,478,456    
7 Issuance costs from proceeds ............... 274,223 469,999 463,838 1,630,377
8 Credit enhancement from proceeds .............        
9 Working capital expenditures from proceeds .............        
10 Capital expenditures from proceeds ............. 49,867,710 101,967,190 150,009,360 254,371,433
11 Other spent proceeds ............. 122,851,425 9,985,548 79,536,162 100,004,887
12 Other unspent proceeds .............   57,820,829   58,586,789
13 Year of substantial completion ............. 2006 2010 2006 2010
Yes No Yes No Yes No Yes No
14 Were the bonds issued as part of a current refunding issue? ....   X   X   X   X
15 Were the bonds issued as part of an advance refunding issue? .....   X   X X     X
16 Has the final allocation of proceeds been made? .......... X   X   X   X  
17 Does the organization maintain adequate books and records to support the final allocation of proceeds? .................. X   X   X   X  
Part III
Private Business Use
A B C D
Yes No Yes No Yes No Yes No
1 Was the organization a partner in a partnership, or a member of an LLC, which owned property financed by tax-exempt bonds? .............   X   X   X   X
2 Are there any lease arrangements that may result in private business use of bond-financed property? ...............   X   X   X   X
For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 50193E
Schedule K (Form 990) 2015

Schedule K (Form 990) 2015
Page 2
Part III
Private Business Use (Continued)
A B C D
Yes No Yes No Yes No Yes No
3a Are there any management or service contracts that may result in private business use of bond-financed property? ............. X   X   X   X  
b If "Yes" to line 3a, does the organization routinely engage bond counsel or other outside counsel to review any management or service contracts relating to the financed property? X   X   X   X  
c Are there any research agreements that may result in private business use of bond-financed property? ............. X   X   X   X  
d If "Yes" to line 3c, does the organization routinely engage bond counsel or other outside counsel to review any research agreements relating to the financed property? X   X   X   X  
4 Enter the percentage of financed property used in a private business use by entities other than a section 501(c)(3) organization or a state or local government ....SchKMediumBullet 0.100 % 0.300 % 0.900 % 0 %
5 Enter the percentage of financed property used in a private business use as a result of unrelated trade or business activity carried on by your organization, another section 501(c)(3) organization, or a state or local government ......... SchKMediumBullet 0 % 0 % 0 % 0 %
6 Total of lines 4 and 5 ............. 0.100 % 0.300 % 0.900 % 0 %
7 Does the bond issue meet the private security or payment test? ...   X   X   X   X
8a Has there been a sale or disposition of any of the bond-financed property to a nongovernmental person other than a 501(c)(3) organization since the bonds were issued?.............   X   X   X   X
b If "Yes" to line 8a, enter the percentage of bond-financed property sold or disposed of. .. 0.400 %      
c If "Yes" to line 8a, was any remedial action taken pursuant to Regulations sections 1.141-12 and 1.145-2? .............   X            
9 Has the organization established written procedures to ensure that all nonqualified bonds of the issue are remediated in accordance with the requirements under
Regulations sections 1.141-12 and 1.145-2? ........ 		X   X   X   X  
Part IV
Arbitrage
A B C D
Yes No Yes No Yes No Yes No
1 Has the issuer filed Form 8038-T, Arbitrage Rebate, Yield Reduction and Penalty in Lieu of Arbitrage Rebate? ...   X   X   X   X
2 If "No" to line 1, did the following apply? ....
a Rebate not due yet? .......   X   X   X   X
b Exception to rebate? ........ X   X   X   X  
c No rebate due? ......... X   X   X   X  
If "Yes" to line 2c, provide in Part VI the date the rebate
computation was performed ......
3 Is the bond issue a variable rate issue? ..... X   X   X     X
4a Has the organization or the governmental issuer entered into a qualified hedge with respect to the bond issue?   X   X X     X
b Name of provider .......... MORGAN STANLEY
CAPITAL 		 
  		MORGAN STANLEY
CAPITAL 		 
 
c Term of hedge ......... 3300.0000000000 %   3500.0000000000 %  
d Was the hedge superintegrated? ......   X       X    
e Was the hedge terminated? ........   X       X    
Schedule K (Form 990) 2015

Schedule K (Form 990) 2015
Page 3
Part IV
Arbitrage (Continued)
A B C D
Yes No Yes No Yes No Yes No
5a Were gross proceeds invested in a guaranteed investment contract (GIC)?   X   X   X   X
b Name of provider ..........  
  		 
  		 
  		 
 
c Term of GIC .........        
d Was the regulatory safe harbor for establishing the fair market value of the GIC satisfied? ........                
6 Were any gross proceeds invested beyond an available temporary period?   X   X   X   X
7 Has the organization established written procedures to monitor the requirements of section 148? ... X   X   X   X  
Part V
Procedures To Undertake Corrective Action
A B C D
Yes No Yes No Yes No Yes No
Has the organization established written procedures to ensure that violations of federal tax requirements are timely identified and corrected through the voluntary closing agreement program if self-remediation is not available under applicable regulations? X   X   X   X  
Part VI
Supplemental Information. Provide additional information for responses to questions on Schedule K (see instructions).
Return Reference Explanation
DATE REBATE COMPUTATION PERFORMED ISSUER NAME: IEFA 50,000,000 ADJ RATE REV BONDS,SERIES 2003B DATE THE REBATE COMPUTATION WAS PERFORMED: 04/02/2009 ISSUER NAME: IFA 100,000,000 REVENUE BONDS, SERIES 2004B DATE THE REBATE COMPUTATION WAS PERFORMED: 12/22/2009 ISSUER NAME: IFA 80,000,000 ADJ RAT REV REFUNDING BONDS 2004C DATE THE REBATE COMPUTATION WAS PERFORMED: 12/22/2011 ISSUER NAME: IFA 244,030,000 REVENUE BONDS, SERIES 2007 DATE THE REBATE COMPUTATION WAS PERFORMED: 07/12/2012 ISSUER NAME: IFA 123,604,000 ADJ RATE DEMAND REV SERIES 2008 DATE THE REBATE COMPUTATION WAS PERFORMED: 03/26/2013 ISSUER NAME: IFA 500,000,000 REVENUE BONDS, SERIES 2008B DATE THE REBATE COMPUTATION WAS PERFORMED: 03/01/2014
SCHEDULE K, PART I COLUMN F DESCRIPTION OF PURPOSE $50,000,000 ILLINOIS EDUCATIONAL FACILITIES AUTHORITY ADJUSTABLE RATE REVENUE BONDS, THE UNIVERSITY OF CHICAGO, SERIES 2003B, (F) DESCRIPTION OF PURPOSE TO FINANCE, REFINANCE OR REIMBURSE THE UNIVERSITY FOR COSTS OF THE ACQUISITION, CONSTRUCTION, RENOVATION AND EQUIPPING OF CERTAIN OF ITS EDUCATIONAL FACILITIES, INCLUDING A NEW GRADUATE SCHOOL OF BUSINESS BUILDING, A NEW INTERDIVISIONAL RESEARCH BUILDING AND A NEW ATHLETICS AND RECREATION CENTER, AND PAY CERTAIN COSTS OF ISSUANCE. $100,000,000 ILLINOIS FINANCE AUTHORITY ADJUSTABLE RATE REVENUE BONDS, THE UNIVERSITY OF CHICAGO, SERIES 2004B, (F) DESCRIPTION OF PURPOSE TO FINANCE, REFINANCE AND REIMBURSE THE UNIVERSITY FOR COSTS OF THE ACQUISITION, CONSTRUCTION, RENOVATION AND EQUIPPING OF CERTAIN OF ITS EDUCATIONAL FACILITIES, INCLUDING THE NEW GRADUATE SCHOOL OF BUSINESS, A NEW RESEARCH BUILDING, A NEW INTERDIVISIONAL RESEARCH BUILDING, AND NEW RESIDENCE HALLS, AND CERTAIN COSTS OF ISSUANCE. $80,000,000 ILLINOIS FINANCE AUTHORITY ADJUSTABLE RATE REVENUE REFUNDING BONDS, THE UNIVERSITY OF CHICAGO, SERIES 2004C, (F) DESCRIPTION OF PURPOSE TO ADVANCE REFUND $70,965,000 OF THE UNIVERSITY'S SERIES 2001A BONDS, AND PAY CERTAIN COSTS OF ISSUANCE. $244,030,000 ILLINOIS FINANCE AUTHORITY REVENUE BONDS, THE UNIVERSITY OF CHICAGO, SERIES 2007, (F) DESCRIPTION OF PURPOSE TO FINANCE, REFINANCE AND REIMBURSE THE UNIVERSITY FOR COSTS OF THE ACQUISITION, CONSTRUCTION, RENOVATION AND EQUIPPING OF CERTAIN OF ITS EDUCATIONAL FACILITIES, INCLUDING A NEW RESIDENCE HALL, A LIBRARY ADDITION, STEAM AND CHILLED WATER UTILITY PLANT EXPANSION, THE CENTER FOR BIOMEDICAL DISCOVERY, AND AN OFFICE BUILDING, AND PAY CERTAIN COSTS OF ISSUANCE. $123,604,000 ILLINOIS FINANCE AUTHORITY ADJUSTABLE RATE REVENUE BONDS, THE UNIVERSITY OF CHICAGO, SERIES 2008, (F) DESCRIPTION OF PURPOSE TO CURRENTLY REFUND THE UNIVERSITY'S SERIES 1998A BONDS, AND (B) PAY CERTAIN COSTS OF ISSUANCE. $500,000,000 ILLINOIS FINANCE AUTHORITY REVENUE BONDS, THE UNIVERSITY OF CHICAGO, SERIES 2008B, (F) DESCRIPTION OF PURPOSE TO FINANCE, REFINANCE AND REIMBURSE THE UNIVERSITY FOR COST OF THE ACQUISITION, CONSTRUCTION, RENOVATION AND EQUIPPING OF CERTAIN OF ITS EDUCATIONAL FACILITIES, INCLUDING A NEW RESIDENCE HALL AND DINING FACILITY, THE LOGAN ARTS CENTER, A LIBRARY ADDITION, AND THE CENTER FOR BIOMEDICAL DISCOVERY, AND PAY CERTAIN COSTS OF ISSUANCE. $369,570,000 ILLINOIS FINANCE AUTHORITY REVENUE BONDS, THE UNIVERSITY OF CHICAGO, SERIES 2012A, (F) DESCRIPTION OF PURPOSE TO FINANCE, REFINANCE AND REIMBURSE THE UNIVERSITY FOR ALL OR A PORTION OF THE COSTS OF ACQUISITION, CONSTRUCTION, RENOVATION, IMPROVEMENT AND EQUIPPING OF CERTAIN OF ITS EDUCATIONAL FACILITIES, INCLUDING THE WILLIAM ECKHARDT RESEARCH CENTER, THE LABORATORY SCHOOLS, THE MULTIPURPOSE ECONOMICS RESEARCH BUILDING, AND VARIOUS OTHER ADMINISTRATIVE, ACADEMIC, RESEARCH, INFRASTRUCTURE AND CAMPUS PROJECTS; TO ADVANCE OR CURRENTLY REFUND ALL OR A PORTION OF THE SERIES 1985A BONDS AND THE 2004A BONDS; AND PAY CERTAIN COSTS OF ISSUANCE. $149,090,000 ILLINOIS FINANCE AUTHORITY REVENUE BONDS, THE UNIVERSITY OF CHICAGO, SERIES 2013A, (F) DESCRIPTION OF PURPOSE: TO FINANCE, REFINANCE, AND REIMBURSE THE UNIVERSITY FOR ALL OR A PORTION OF THE COSTS OF ACQUISITION, CONSTRUCTION, RENOVATION, IMPROVEMENT AND EQUIPPING OF CERTAIN EDUCATIONAL FACILITIES, INCLUDING THE WILLIAM ECKHARDT RESEARCH CENTER, THE LABORATORY SCHOOLS, ADAPTIVE REUSE OF 5757 S. UNIVERSITY AVENUE AND VARIOUS OTHER ADMINISTRATIVE, ACADEMIC, RESEARCH, INFRASTRUCTURE AND CAMPUS PROJECTS; TO ADVANCE OR CURRENTLY REFUND ALL OR A PORTION OF THE SERIES 2001A BONDS, THE 2004A BONDS AND THE 2008B BONDS; AND PAY CERTAIN COSTS OF ISSUANCE. $650,000,000 ILLINOIS FINANCE AUTHORITY REVENUE BONDS, THE UNIVERSITY OF CHICAGO, SERIES 2014A, (F) DESCRIPTION OF PURPOSE: TO FINANCE, REFINANCE AND REIMBURSE THE UNIVERSITY FOR ALL OR A PORTION OF THE COSTS OF ACQUISITION, CONSTRUCTION, RENOVATION, IMPROVEMENT AND EQUIPPING OF CERTAIN EDUCATIONAL FACILITIES, REFUND THE SERIES 2009 ISSUE, PAY CERTAIN COSTS RELATING TO THE ISSUE OF THE SERIES 2014A BONDS AND ADVANCED REFUNDING OF THE 2009 ISSUE. $415,825,000 ILLINOIS FINANCE AUTHORITY REVENUE BONDS, THE UNIVERSITY OF CHICAGO, SERIES 2015A, (F) DESCRIPTION OF PURPOSE: TO FINANCE, REFINANCE AND REIMBURSE THE UNIVERSITY FOR ALL OR A PORTION OF THE COSTS OF ACQUISITION, CONSTRUCTION, RENOVATION, IMPROVEMENT AND EQUIPPING OF CERTAIN EDUCATIONAL FACILITIES, REFUND THE SERIES 2007 ISSUE, PAY CERTAIN COSTS OF ISSUANCE.
SCHEDULE K, PART II, LINE 3 SERIES 2003B: THE DIFFERENCE BETWEEN THE ISSUE PRICE AND TOTAL PROCEEDS OF THE ISSUE IS THE INTEREST EARNED ON INVESTMENTS OF $141,933. SERIES 2004B: THE DIFFERENCE BETWEEN THE ISSUE PRICE AND TOTAL PROCEEDS OF THE ISSUE IS THE INTEREST EARNED ON INVESTMENTS OF $2,437,189. SERIES 2007: THE DIFFERENCE BETWEEN THE ISSUE PRICE AND TOTAL PROCEEDS OF THE ISSUE IS THE INTEREST EARNED ON INVESTMENTS OF $6,005,381. SERIES 2008B: THE DIFFERENCE BETWEEN THE ISSUE PRICE AND TOTAL PROCEEDS OF THE ISSUE IS THE INTEREST EARNED ON INVESTMENTS OF $646,698. SERIES 2012A: THE DIFFERENCE BETWEEN THE ISSUE PRICE AND TOTAL PROCEEDS OF THE ISSUE IS THE INTEREST EARNED ON INVESTMENTS OF $8,068. SERIES 2013A: THE DIFFERENCE BETWEEN THE ISSUE PRICE AND TOTAL PROCEEDS OF THE ISSUE IS THE INTEREST EARNED ON INVESTMENTS OF $4,887. SERIES 2014A: THE DIFFERENCE BETWEEN THE ISSUE PRICE AND THE TOTAL PROCEEDS OF THE ISSUE IS THE INTEREST EARNED ON INVESTMENTS OF $3,893. SERIES 2015A: THE DIFFERENCE BETWEEN THE ISSUE PRICE AND THE TOTAL PROCEEDS OF THE ISSUE IS THE INTEREST EARNED ON INVESTMENTS OF $99,605.
SCHEDULE K, PART II, LINE 11 SERIES 2004B: THE OTHER SPENT PROCEEDS ARE THE REFUNDING PROCEEDS OF THE ISSUE THAT ARE NO LONGER IN ESCROW. SERIES 2008B: THE OTHER SPENT PROCEEDS ARE THE REFUNDING PROCEEDS OF THE ISSUE THAT ARE NO LONGER IN ESCROW. SERIES 2012B: THE OTHER SPENT PROCEEDS ARE THE REFUNDING PROCEEDS OF THE ISSUE THAT ARE NO LONGER IN ESCROW. SERIES 2013A: THE OTHER SPENT PROCEEDS ARE THE REFUNDING PROCEEDS OF THE ISSUE THAT ARE NO LONGER IN ESCROW. SERIES 2014A: THE OTHER SPENT PROCEEDS ARE THE REFUNDING PROCEEDS OF THE ISSUE THAT ARE NO LONGER IN ESCROW. SERIES 2015A: THE OTHER SPENT PROCEEDS ARE THE REFUNDING PROCEEDS OF THE ISSUE THAT ARE NO LONGER IN ESCROW.
Schedule K (Form 990) 2015

Additional Data


Software ID:  
Software Version:  

Schedule K
(Form 990)
Department of the Treasury
Internal Revenue Service
Supplemental Information on Tax Exempt Bonds
SchKMediumBullet Complete if the organization answered "Yes" to Form 990, Part IV, line 24a. Provide descriptions,
explanations, and any additional information in Part VI.
SchKMediumBullet Attach to Form 990.
SchKMediumBulletInformation about Schedule K (Form 990) and its instructions is at www.irs.gov/form990.
OMB No. 1545-0047
2015
Open to Public
Inspection
Name of the organization
UNIVERSITY OF CHICAGO
 
Employer identification number
36-2177139
Part I
Bond Issues
(a) Issuer name (b) Issuer EIN (c) CUSIP # (d) Date issued (e) Issue price (f) Description of purpose (g) Defeased (h) On
behalf of
issuer		 (i) Pool
financing
Yes No Yes No Yes No
A IEFA 50000000 ADJ RATE REV BONDSSERIES 2003B
  		52-1297563 4520017E4 08-28-2003 50,000,000 SEE SUPPLEMENTAL INFORMATION   X   X   X
B IFA 100000000 REVENUE BONDS SERIES 2004B
  		86-1091967 45200BHH4 11-10-2004 100,000,000 SEE SUPPLEMENTAL INFORMATION   X   X   X
C IFA 80000000 ADJ RAT REV REFUNDING BONDS 2004C
  		86-1091967 45200BJG4 11-30-2004 80,000,000 SEE SUPPLEMENTAL INFORMATION   X   X   X
D IFA 244030000 REVENUE BONDS SERIES 2007
  		86-1091967 45200B6F0 06-28-2007 249,996,429 SEE SUPPLEMENTAL INFORMATION   X   X   X
IFA XXX-XX-XXXX ADJ RATE DEMAND REV SERIES 2008
  		86-1091967 45200FEG0 04-03-2008 123,604,000 SEE SUPPLEMENTAL INFORMATION   X   X   X
IFA 500000000 REVENUE BONDS SERIES 2008B
  		86-1091967 45203HC42 01-07-2009 502,370,736 SEE SUPPLEMENTAL INFORMATION   X   X   X
IFA 369570000 REVENUE BONDS SERIES 2012A
  		86-1091967 45203HFF4 02-02-2012 421,065,981 SEE SUPPLEMENTAL INFORMATION   X   X   X
IFA 149090000 REVENUE BONDS SERIES 2013A
  		86-1091967 45203HRE4 05-15-2013 159,766,350 SEE SUPPLEMENTAL INFORMATION   X   X   X
IFA 650000000 REVENUE BONDS SERIES 2014A
  		86-1091967 45203HB68 08-12-2014 644,509,246 SEE SUPPLEMENTAL INFORMATION   X   X   X
IFA XXX-XX-XXXX REVENUE BONDS SERIES 2015A
  		86-1091967 45203H3H3 09-10-2015 452,070,011 SEE SUPPLEMENTAL INFORMATION   X   X   X
Part II
Proceeds
A B C D
1 Amount of bonds retired .................. 12,502,000 21,059,000 2,548,000 9,765,000
2 Amount of bonds legally defeased ..............   395,655,000   230,320,000
3 Total proceeds of issue .................. 50,141,933 102,437,189 80,000,000 256,001,810
4 Gross proceeds in reserve funds .............        
5 Capitalized interest from proceeds .............        
6 Proceeds in refunding escrows ............... 438,625,217 240,478,456    
7 Issuance costs from proceeds ............... 274,223 469,999 463,838 1,630,377
8 Credit enhancement from proceeds .............        
9 Working capital expenditures from proceeds .............        
10 Capital expenditures from proceeds ............. 49,867,710 101,967,190 150,009,360 254,371,433
11 Other spent proceeds ............. 122,851,425 9,985,548 79,536,162 100,004,887
12 Other unspent proceeds .............   57,820,829   58,586,789
13 Year of substantial completion ............. 2006 2010 2006 2010
Yes No Yes No Yes No Yes No
14 Were the bonds issued as part of a current refunding issue? ....   X   X   X   X
15 Were the bonds issued as part of an advance refunding issue? .....   X   X X     X
16 Has the final allocation of proceeds been made? .......... X   X   X   X  
17 Does the organization maintain adequate books and records to support the final allocation of proceeds? .................. X   X   X   X  
Part III
Private Business Use
A B C D
Yes No Yes No Yes No Yes No
1 Was the organization a partner in a partnership, or a member of an LLC, which owned property financed by tax-exempt bonds? .............   X   X   X   X
2 Are there any lease arrangements that may result in private business use of bond-financed property? ...............   X   X   X   X
For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 50193E
Schedule K (Form 990) 2015

Schedule K (Form 990) 2015
Page 2
Part III
Private Business Use (Continued)
A B C D
Yes No Yes No Yes No Yes No
3a Are there any management or service contracts that may result in private business use of bond-financed property? ............. X   X   X   X  
b If "Yes" to line 3a, does the organization routinely engage bond counsel or other outside counsel to review any management or service contracts relating to the financed property? X   X   X   X  
c Are there any research agreements that may result in private business use of bond-financed property? ............. X   X   X   X  
d If "Yes" to line 3c, does the organization routinely engage bond counsel or other outside counsel to review any research agreements relating to the financed property? X   X   X   X  
4 Enter the percentage of financed property used in a private business use by entities other than a section 501(c)(3) organization or a state or local government ....SchKMediumBullet 0.100 % 0.300 % 0.900 % 0 %
5 Enter the percentage of financed property used in a private business use as a result of unrelated trade or business activity carried on by your organization, another section 501(c)(3) organization, or a state or local government ......... SchKMediumBullet 0 % 0 % 0 % 0 %
6 Total of lines 4 and 5 ............. 0.100 % 0.300 % 0.900 % 0 %
7 Does the bond issue meet the private security or payment test? ...   X   X   X   X
8a Has there been a sale or disposition of any of the bond-financed property to a nongovernmental person other than a 501(c)(3) organization since the bonds were issued?.............   X   X   X   X
b If "Yes" to line 8a, enter the percentage of bond-financed property sold or disposed of. .. 0.400 %      
c If "Yes" to line 8a, was any remedial action taken pursuant to Regulations sections 1.141-12 and 1.145-2? .............   X            
9 Has the organization established written procedures to ensure that all nonqualified bonds of the issue are remediated in accordance with the requirements under
Regulations sections 1.141-12 and 1.145-2? ........ 		X   X   X   X  
Part IV
Arbitrage
A B C D
Yes No Yes No Yes No Yes No
1 Has the issuer filed Form 8038-T, Arbitrage Rebate, Yield Reduction and Penalty in Lieu of Arbitrage Rebate? ...   X   X   X   X
2 If "No" to line 1, did the following apply? ....
a Rebate not due yet? .......   X   X   X   X
b Exception to rebate? ........ X   X   X   X  
c No rebate due? ......... X   X   X   X  
If "Yes" to line 2c, provide in Part VI the date the rebate
computation was performed ......
3 Is the bond issue a variable rate issue? ..... X   X   X     X
4a Has the organization or the governmental issuer entered into a qualified hedge with respect to the bond issue?   X   X X     X
b Name of provider .......... MORGAN STANLEY
CAPITAL 		 
  		MORGAN STANLEY
CAPITAL 		 
 
c Term of hedge ......... 3300.0000000000 %   3500.0000000000 %  
d Was the hedge superintegrated? ......   X       X    
e Was the hedge terminated? ........   X       X    
Schedule K (Form 990) 2015

Schedule K (Form 990) 2015
Page 3
Part IV
Arbitrage (Continued)
A B C D
Yes No Yes No Yes No Yes No
5a Were gross proceeds invested in a guaranteed investment contract (GIC)?   X   X   X   X
b Name of provider ..........  
  		 
  		 
  		 
 
c Term of GIC .........        
d Was the regulatory safe harbor for establishing the fair market value of the GIC satisfied? ........                
6 Were any gross proceeds invested beyond an available temporary period?   X   X   X   X
7 Has the organization established written procedures to monitor the requirements of section 148? ... X   X   X   X  
Part V
Procedures To Undertake Corrective Action
A B C D
Yes No Yes No Yes No Yes No
Has the organization established written procedures to ensure that violations of federal tax requirements are timely identified and corrected through the voluntary closing agreement program if self-remediation is not available under applicable regulations? X   X   X   X  
Part VI
Supplemental Information. Provide additional information for responses to questions on Schedule K (see instructions).
Return Reference Explanation
DATE REBATE COMPUTATION PERFORMED ISSUER NAME: IEFA 50,000,000 ADJ RATE REV BONDS,SERIES 2003B DATE THE REBATE COMPUTATION WAS PERFORMED: 04/02/2009 ISSUER NAME: IFA 100,000,000 REVENUE BONDS, SERIES 2004B DATE THE REBATE COMPUTATION WAS PERFORMED: 12/22/2009 ISSUER NAME: IFA 80,000,000 ADJ RAT REV REFUNDING BONDS 2004C DATE THE REBATE COMPUTATION WAS PERFORMED: 12/22/2011 ISSUER NAME: IFA 244,030,000 REVENUE BONDS, SERIES 2007 DATE THE REBATE COMPUTATION WAS PERFORMED: 07/12/2012 ISSUER NAME: IFA 123,604,000 ADJ RATE DEMAND REV SERIES 2008 DATE THE REBATE COMPUTATION WAS PERFORMED: 03/26/2013 ISSUER NAME: IFA 500,000,000 REVENUE BONDS, SERIES 2008B DATE THE REBATE COMPUTATION WAS PERFORMED: 03/01/2014
SCHEDULE K, PART I COLUMN F DESCRIPTION OF PURPOSE $50,000,000 ILLINOIS EDUCATIONAL FACILITIES AUTHORITY ADJUSTABLE RATE REVENUE BONDS, THE UNIVERSITY OF CHICAGO, SERIES 2003B, (F) DESCRIPTION OF PURPOSE TO FINANCE, REFINANCE OR REIMBURSE THE UNIVERSITY FOR COSTS OF THE ACQUISITION, CONSTRUCTION, RENOVATION AND EQUIPPING OF CERTAIN OF ITS EDUCATIONAL FACILITIES, INCLUDING A NEW GRADUATE SCHOOL OF BUSINESS BUILDING, A NEW INTERDIVISIONAL RESEARCH BUILDING AND A NEW ATHLETICS AND RECREATION CENTER, AND PAY CERTAIN COSTS OF ISSUANCE. $100,000,000 ILLINOIS FINANCE AUTHORITY ADJUSTABLE RATE REVENUE BONDS, THE UNIVERSITY OF CHICAGO, SERIES 2004B, (F) DESCRIPTION OF PURPOSE TO FINANCE, REFINANCE AND REIMBURSE THE UNIVERSITY FOR COSTS OF THE ACQUISITION, CONSTRUCTION, RENOVATION AND EQUIPPING OF CERTAIN OF ITS EDUCATIONAL FACILITIES, INCLUDING THE NEW GRADUATE SCHOOL OF BUSINESS, A NEW RESEARCH BUILDING, A NEW INTERDIVISIONAL RESEARCH BUILDING, AND NEW RESIDENCE HALLS, AND CERTAIN COSTS OF ISSUANCE. $80,000,000 ILLINOIS FINANCE AUTHORITY ADJUSTABLE RATE REVENUE REFUNDING BONDS, THE UNIVERSITY OF CHICAGO, SERIES 2004C, (F) DESCRIPTION OF PURPOSE TO ADVANCE REFUND $70,965,000 OF THE UNIVERSITY'S SERIES 2001A BONDS, AND PAY CERTAIN COSTS OF ISSUANCE. $244,030,000 ILLINOIS FINANCE AUTHORITY REVENUE BONDS, THE UNIVERSITY OF CHICAGO, SERIES 2007, (F) DESCRIPTION OF PURPOSE TO FINANCE, REFINANCE AND REIMBURSE THE UNIVERSITY FOR COSTS OF THE ACQUISITION, CONSTRUCTION, RENOVATION AND EQUIPPING OF CERTAIN OF ITS EDUCATIONAL FACILITIES, INCLUDING A NEW RESIDENCE HALL, A LIBRARY ADDITION, STEAM AND CHILLED WATER UTILITY PLANT EXPANSION, THE CENTER FOR BIOMEDICAL DISCOVERY, AND AN OFFICE BUILDING, AND PAY CERTAIN COSTS OF ISSUANCE. $123,604,000 ILLINOIS FINANCE AUTHORITY ADJUSTABLE RATE REVENUE BONDS, THE UNIVERSITY OF CHICAGO, SERIES 2008, (F) DESCRIPTION OF PURPOSE TO CURRENTLY REFUND THE UNIVERSITY'S SERIES 1998A BONDS, AND (B) PAY CERTAIN COSTS OF ISSUANCE. $500,000,000 ILLINOIS FINANCE AUTHORITY REVENUE BONDS, THE UNIVERSITY OF CHICAGO, SERIES 2008B, (F) DESCRIPTION OF PURPOSE TO FINANCE, REFINANCE AND REIMBURSE THE UNIVERSITY FOR COST OF THE ACQUISITION, CONSTRUCTION, RENOVATION AND EQUIPPING OF CERTAIN OF ITS EDUCATIONAL FACILITIES, INCLUDING A NEW RESIDENCE HALL AND DINING FACILITY, THE LOGAN ARTS CENTER, A LIBRARY ADDITION, AND THE CENTER FOR BIOMEDICAL DISCOVERY, AND PAY CERTAIN COSTS OF ISSUANCE. $369,570,000 ILLINOIS FINANCE AUTHORITY REVENUE BONDS, THE UNIVERSITY OF CHICAGO, SERIES 2012A, (F) DESCRIPTION OF PURPOSE TO FINANCE, REFINANCE AND REIMBURSE THE UNIVERSITY FOR ALL OR A PORTION OF THE COSTS OF ACQUISITION, CONSTRUCTION, RENOVATION, IMPROVEMENT AND EQUIPPING OF CERTAIN OF ITS EDUCATIONAL FACILITIES, INCLUDING THE WILLIAM ECKHARDT RESEARCH CENTER, THE LABORATORY SCHOOLS, THE MULTIPURPOSE ECONOMICS RESEARCH BUILDING, AND VARIOUS OTHER ADMINISTRATIVE, ACADEMIC, RESEARCH, INFRASTRUCTURE AND CAMPUS PROJECTS; TO ADVANCE OR CURRENTLY REFUND ALL OR A PORTION OF THE SERIES 1985A BONDS AND THE 2004A BONDS; AND PAY CERTAIN COSTS OF ISSUANCE. $149,090,000 ILLINOIS FINANCE AUTHORITY REVENUE BONDS, THE UNIVERSITY OF CHICAGO, SERIES 2013A, (F) DESCRIPTION OF PURPOSE: TO FINANCE, REFINANCE, AND REIMBURSE THE UNIVERSITY FOR ALL OR A PORTION OF THE COSTS OF ACQUISITION, CONSTRUCTION, RENOVATION, IMPROVEMENT AND EQUIPPING OF CERTAIN EDUCATIONAL FACILITIES, INCLUDING THE WILLIAM ECKHARDT RESEARCH CENTER, THE LABORATORY SCHOOLS, ADAPTIVE REUSE OF 5757 S. UNIVERSITY AVENUE AND VARIOUS OTHER ADMINISTRATIVE, ACADEMIC, RESEARCH, INFRASTRUCTURE AND CAMPUS PROJECTS; TO ADVANCE OR CURRENTLY REFUND ALL OR A PORTION OF THE SERIES 2001A BONDS, THE 2004A BONDS AND THE 2008B BONDS; AND PAY CERTAIN COSTS OF ISSUANCE. $650,000,000 ILLINOIS FINANCE AUTHORITY REVENUE BONDS, THE UNIVERSITY OF CHICAGO, SERIES 2014A, (F) DESCRIPTION OF PURPOSE: TO FINANCE, REFINANCE AND REIMBURSE THE UNIVERSITY FOR ALL OR A PORTION OF THE COSTS OF ACQUISITION, CONSTRUCTION, RENOVATION, IMPROVEMENT AND EQUIPPING OF CERTAIN EDUCATIONAL FACILITIES, REFUND THE SERIES 2009 ISSUE, PAY CERTAIN COSTS RELATING TO THE ISSUE OF THE SERIES 2014A BONDS AND ADVANCED REFUNDING OF THE 2009 ISSUE. $415,825,000 ILLINOIS FINANCE AUTHORITY REVENUE BONDS, THE UNIVERSITY OF CHICAGO, SERIES 2015A, (F) DESCRIPTION OF PURPOSE: TO FINANCE, REFINANCE AND REIMBURSE THE UNIVERSITY FOR ALL OR A PORTION OF THE COSTS OF ACQUISITION, CONSTRUCTION, RENOVATION, IMPROVEMENT AND EQUIPPING OF CERTAIN EDUCATIONAL FACILITIES, REFUND THE SERIES 2007 ISSUE, PAY CERTAIN COSTS OF ISSUANCE.
SCHEDULE K, PART II, LINE 3 SERIES 2003B: THE DIFFERENCE BETWEEN THE ISSUE PRICE AND TOTAL PROCEEDS OF THE ISSUE IS THE INTEREST EARNED ON INVESTMENTS OF $141,933. SERIES 2004B: THE DIFFERENCE BETWEEN THE ISSUE PRICE AND TOTAL PROCEEDS OF THE ISSUE IS THE INTEREST EARNED ON INVESTMENTS OF $2,437,189. SERIES 2007: THE DIFFERENCE BETWEEN THE ISSUE PRICE AND TOTAL PROCEEDS OF THE ISSUE IS THE INTEREST EARNED ON INVESTMENTS OF $6,005,381. SERIES 2008B: THE DIFFERENCE BETWEEN THE ISSUE PRICE AND TOTAL PROCEEDS OF THE ISSUE IS THE INTEREST EARNED ON INVESTMENTS OF $646,698. SERIES 2012A: THE DIFFERENCE BETWEEN THE ISSUE PRICE AND TOTAL PROCEEDS OF THE ISSUE IS THE INTEREST EARNED ON INVESTMENTS OF $8,068. SERIES 2013A: THE DIFFERENCE BETWEEN THE ISSUE PRICE AND TOTAL PROCEEDS OF THE ISSUE IS THE INTEREST EARNED ON INVESTMENTS OF $4,887. SERIES 2014A: THE DIFFERENCE BETWEEN THE ISSUE PRICE AND THE TOTAL PROCEEDS OF THE ISSUE IS THE INTEREST EARNED ON INVESTMENTS OF $3,893. SERIES 2015A: THE DIFFERENCE BETWEEN THE ISSUE PRICE AND THE TOTAL PROCEEDS OF THE ISSUE IS THE INTEREST EARNED ON INVESTMENTS OF $99,605.
SCHEDULE K, PART II, LINE 11 SERIES 2004B: THE OTHER SPENT PROCEEDS ARE THE REFUNDING PROCEEDS OF THE ISSUE THAT ARE NO LONGER IN ESCROW. SERIES 2008B: THE OTHER SPENT PROCEEDS ARE THE REFUNDING PROCEEDS OF THE ISSUE THAT ARE NO LONGER IN ESCROW. SERIES 2012B: THE OTHER SPENT PROCEEDS ARE THE REFUNDING PROCEEDS OF THE ISSUE THAT ARE NO LONGER IN ESCROW. SERIES 2013A: THE OTHER SPENT PROCEEDS ARE THE REFUNDING PROCEEDS OF THE ISSUE THAT ARE NO LONGER IN ESCROW. SERIES 2014A: THE OTHER SPENT PROCEEDS ARE THE REFUNDING PROCEEDS OF THE ISSUE THAT ARE NO LONGER IN ESCROW. SERIES 2015A: THE OTHER SPENT PROCEEDS ARE THE REFUNDING PROCEEDS OF THE ISSUE THAT ARE NO LONGER IN ESCROW.
Schedule K (Form 990) 2015

Additional Data


Software ID:  
Software Version:  

Schedule K
(Form 990)
Department of the Treasury
Internal Revenue Service
Supplemental Information on Tax Exempt Bonds
SchKMediumBullet Complete if the organization answered "Yes" to Form 990, Part IV, line 24a. Provide descriptions,
explanations, and any additional information in Part VI.
SchKMediumBullet Attach to Form 990.
SchKMediumBulletInformation about Schedule K (Form 990) and its instructions is at www.irs.gov/form990.
OMB No. 1545-0047
2015
Open to Public
Inspection
Name of the organization
UNIVERSITY OF CHICAGO
 
Employer identification number
36-2177139
Part I
Bond Issues
(a) Issuer name (b) Issuer EIN (c) CUSIP # (d) Date issued (e) Issue price (f) Description of purpose (g) Defeased (h) On
behalf of
issuer		 (i) Pool
financing
Yes No Yes No Yes No
A IEFA 50000000 ADJ RATE REV BONDSSERIES 2003B
  		52-1297563 4520017E4 08-28-2003 50,000,000 SEE SUPPLEMENTAL INFORMATION   X   X   X
B IFA 100000000 REVENUE BONDS SERIES 2004B
  		86-1091967 45200BHH4 11-10-2004 100,000,000 SEE SUPPLEMENTAL INFORMATION   X   X   X
C IFA 80000000 ADJ RAT REV REFUNDING BONDS 2004C
  		86-1091967 45200BJG4 11-30-2004 80,000,000 SEE SUPPLEMENTAL INFORMATION   X   X   X
D IFA 244030000 REVENUE BONDS SERIES 2007
  		86-1091967 45200B6F0 06-28-2007 249,996,429 SEE SUPPLEMENTAL INFORMATION   X   X   X
IFA XXX-XX-XXXX ADJ RATE DEMAND REV SERIES 2008
  		86-1091967 45200FEG0 04-03-2008 123,604,000 SEE SUPPLEMENTAL INFORMATION   X   X   X
IFA 500000000 REVENUE BONDS SERIES 2008B
  		86-1091967 45203HC42 01-07-2009 502,370,736 SEE SUPPLEMENTAL INFORMATION   X   X   X
IFA 369570000 REVENUE BONDS SERIES 2012A
  		86-1091967 45203HFF4 02-02-2012 421,065,981 SEE SUPPLEMENTAL INFORMATION   X   X   X
IFA 149090000 REVENUE BONDS SERIES 2013A
  		86-1091967 45203HRE4 05-15-2013 159,766,350 SEE SUPPLEMENTAL INFORMATION   X   X   X
IFA 650000000 REVENUE BONDS SERIES 2014A
  		86-1091967 45203HB68 08-12-2014 644,509,246 SEE SUPPLEMENTAL INFORMATION   X   X   X
IFA XXX-XX-XXXX REVENUE BONDS SERIES 2015A
  		86-1091967 45203H3H3 09-10-2015 452,070,011 SEE SUPPLEMENTAL INFORMATION   X   X   X
Part II
Proceeds
A B C D
1 Amount of bonds retired .................. 12,502,000 21,059,000 2,548,000 9,765,000
2 Amount of bonds legally defeased ..............   395,655,000   230,320,000
3 Total proceeds of issue .................. 50,141,933 102,437,189 80,000,000 256,001,810
4 Gross proceeds in reserve funds .............        
5 Capitalized interest from proceeds .............        
6 Proceeds in refunding escrows ............... 438,625,217 240,478,456    
7 Issuance costs from proceeds ............... 274,223 469,999 463,838 1,630,377
8 Credit enhancement from proceeds .............        
9 Working capital expenditures from proceeds .............        
10 Capital expenditures from proceeds ............. 49,867,710 101,967,190 150,009,360 254,371,433
11 Other spent proceeds ............. 122,851,425 9,985,548 79,536,162 100,004,887
12 Other unspent proceeds .............   57,820,829   58,586,789
13 Year of substantial completion ............. 2006 2010 2006 2010
Yes No Yes No Yes No Yes No
14 Were the bonds issued as part of a current refunding issue? ....   X   X   X   X
15 Were the bonds issued as part of an advance refunding issue? .....   X   X X     X
16 Has the final allocation of proceeds been made? .......... X   X   X   X  
17 Does the organization maintain adequate books and records to support the final allocation of proceeds? .................. X   X   X   X  
Part III
Private Business Use
A B C D
Yes No Yes No Yes No Yes No
1 Was the organization a partner in a partnership, or a member of an LLC, which owned property financed by tax-exempt bonds? .............   X   X   X   X
2 Are there any lease arrangements that may result in private business use of bond-financed property? ...............   X   X   X   X
For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 50193E
Schedule K (Form 990) 2015

Schedule K (Form 990) 2015
Page 2
Part III
Private Business Use (Continued)
A B C D
Yes No Yes No Yes No Yes No
3a Are there any management or service contracts that may result in private business use of bond-financed property? ............. X   X   X   X  
b If "Yes" to line 3a, does the organization routinely engage bond counsel or other outside counsel to review any management or service contracts relating to the financed property? X   X   X   X  
c Are there any research agreements that may result in private business use of bond-financed property? ............. X   X   X   X  
d If "Yes" to line 3c, does the organization routinely engage bond counsel or other outside counsel to review any research agreements relating to the financed property? X   X   X   X  
4 Enter the percentage of financed property used in a private business use by entities other than a section 501(c)(3) organization or a state or local government ....SchKMediumBullet 0.100 % 0.300 % 0.900 % 0 %
5 Enter the percentage of financed property used in a private business use as a result of unrelated trade or business activity carried on by your organization, another section 501(c)(3) organization, or a state or local government ......... SchKMediumBullet 0 % 0 % 0 % 0 %
6 Total of lines 4 and 5 ............. 0.100 % 0.300 % 0.900 % 0 %
7 Does the bond issue meet the private security or payment test? ...   X   X   X   X
8a Has there been a sale or disposition of any of the bond-financed property to a nongovernmental person other than a 501(c)(3) organization since the bonds were issued?.............   X   X   X   X
b If "Yes" to line 8a, enter the percentage of bond-financed property sold or disposed of. .. 0.400 %      
c If "Yes" to line 8a, was any remedial action taken pursuant to Regulations sections 1.141-12 and 1.145-2? .............   X            
9 Has the organization established written procedures to ensure that all nonqualified bonds of the issue are remediated in accordance with the requirements under
Regulations sections 1.141-12 and 1.145-2? ........ 		X   X   X   X  
Part IV
Arbitrage
A B C D
Yes No Yes No Yes No Yes No
1 Has the issuer filed Form 8038-T, Arbitrage Rebate, Yield Reduction and Penalty in Lieu of Arbitrage Rebate? ...   X   X   X   X
2 If "No" to line 1, did the following apply? ....
a Rebate not due yet? .......   X   X   X   X
b Exception to rebate? ........ X   X   X   X  
c No rebate due? ......... X   X   X   X  
If "Yes" to line 2c, provide in Part VI the date the rebate
computation was performed ......
3 Is the bond issue a variable rate issue? ..... X   X   X     X
4a Has the organization or the governmental issuer entered into a qualified hedge with respect to the bond issue?   X   X X     X
b Name of provider .......... MORGAN STANLEY
CAPITAL 		 
  		MORGAN STANLEY
CAPITAL 		 
 
c Term of hedge ......... 3300.0000000000 %   3500.0000000000 %  
d Was the hedge superintegrated? ......   X       X    
e Was the hedge terminated? ........   X       X    
Schedule K (Form 990) 2015

Schedule K (Form 990) 2015
Page 3
Part IV
Arbitrage (Continued)
A B C D
Yes No Yes No Yes No Yes No
5a Were gross proceeds invested in a guaranteed investment contract (GIC)?   X   X   X   X
b Name of provider ..........  
  		 
  		 
  		 
 
c Term of GIC .........        
d Was the regulatory safe harbor for establishing the fair market value of the GIC satisfied? ........                
6 Were any gross proceeds invested beyond an available temporary period?   X   X   X   X
7 Has the organization established written procedures to monitor the requirements of section 148? ... X   X   X   X  
Part V
Procedures To Undertake Corrective Action
A B C D
Yes No Yes No Yes No Yes No
Has the organization established written procedures to ensure that violations of federal tax requirements are timely identified and corrected through the voluntary closing agreement program if self-remediation is not available under applicable regulations? X   X   X   X  
Part VI
Supplemental Information. Provide additional information for responses to questions on Schedule K (see instructions).
Return Reference Explanation
DATE REBATE COMPUTATION PERFORMED ISSUER NAME: IEFA 50,000,000 ADJ RATE REV BONDS,SERIES 2003B DATE THE REBATE COMPUTATION WAS PERFORMED: 04/02/2009 ISSUER NAME: IFA 100,000,000 REVENUE BONDS, SERIES 2004B DATE THE REBATE COMPUTATION WAS PERFORMED: 12/22/2009 ISSUER NAME: IFA 80,000,000 ADJ RAT REV REFUNDING BONDS 2004C DATE THE REBATE COMPUTATION WAS PERFORMED: 12/22/2011 ISSUER NAME: IFA 244,030,000 REVENUE BONDS, SERIES 2007 DATE THE REBATE COMPUTATION WAS PERFORMED: 07/12/2012 ISSUER NAME: IFA 123,604,000 ADJ RATE DEMAND REV SERIES 2008 DATE THE REBATE COMPUTATION WAS PERFORMED: 03/26/2013 ISSUER NAME: IFA 500,000,000 REVENUE BONDS, SERIES 2008B DATE THE REBATE COMPUTATION WAS PERFORMED: 03/01/2014
SCHEDULE K, PART I COLUMN F DESCRIPTION OF PURPOSE $50,000,000 ILLINOIS EDUCATIONAL FACILITIES AUTHORITY ADJUSTABLE RATE REVENUE BONDS, THE UNIVERSITY OF CHICAGO, SERIES 2003B, (F) DESCRIPTION OF PURPOSE TO FINANCE, REFINANCE OR REIMBURSE THE UNIVERSITY FOR COSTS OF THE ACQUISITION, CONSTRUCTION, RENOVATION AND EQUIPPING OF CERTAIN OF ITS EDUCATIONAL FACILITIES, INCLUDING A NEW GRADUATE SCHOOL OF BUSINESS BUILDING, A NEW INTERDIVISIONAL RESEARCH BUILDING AND A NEW ATHLETICS AND RECREATION CENTER, AND PAY CERTAIN COSTS OF ISSUANCE. $100,000,000 ILLINOIS FINANCE AUTHORITY ADJUSTABLE RATE REVENUE BONDS, THE UNIVERSITY OF CHICAGO, SERIES 2004B, (F) DESCRIPTION OF PURPOSE TO FINANCE, REFINANCE AND REIMBURSE THE UNIVERSITY FOR COSTS OF THE ACQUISITION, CONSTRUCTION, RENOVATION AND EQUIPPING OF CERTAIN OF ITS EDUCATIONAL FACILITIES, INCLUDING THE NEW GRADUATE SCHOOL OF BUSINESS, A NEW RESEARCH BUILDING, A NEW INTERDIVISIONAL RESEARCH BUILDING, AND NEW RESIDENCE HALLS, AND CERTAIN COSTS OF ISSUANCE. $80,000,000 ILLINOIS FINANCE AUTHORITY ADJUSTABLE RATE REVENUE REFUNDING BONDS, THE UNIVERSITY OF CHICAGO, SERIES 2004C, (F) DESCRIPTION OF PURPOSE TO ADVANCE REFUND $70,965,000 OF THE UNIVERSITY'S SERIES 2001A BONDS, AND PAY CERTAIN COSTS OF ISSUANCE. $244,030,000 ILLINOIS FINANCE AUTHORITY REVENUE BONDS, THE UNIVERSITY OF CHICAGO, SERIES 2007, (F) DESCRIPTION OF PURPOSE TO FINANCE, REFINANCE AND REIMBURSE THE UNIVERSITY FOR COSTS OF THE ACQUISITION, CONSTRUCTION, RENOVATION AND EQUIPPING OF CERTAIN OF ITS EDUCATIONAL FACILITIES, INCLUDING A NEW RESIDENCE HALL, A LIBRARY ADDITION, STEAM AND CHILLED WATER UTILITY PLANT EXPANSION, THE CENTER FOR BIOMEDICAL DISCOVERY, AND AN OFFICE BUILDING, AND PAY CERTAIN COSTS OF ISSUANCE. $123,604,000 ILLINOIS FINANCE AUTHORITY ADJUSTABLE RATE REVENUE BONDS, THE UNIVERSITY OF CHICAGO, SERIES 2008, (F) DESCRIPTION OF PURPOSE TO CURRENTLY REFUND THE UNIVERSITY'S SERIES 1998A BONDS, AND (B) PAY CERTAIN COSTS OF ISSUANCE. $500,000,000 ILLINOIS FINANCE AUTHORITY REVENUE BONDS, THE UNIVERSITY OF CHICAGO, SERIES 2008B, (F) DESCRIPTION OF PURPOSE TO FINANCE, REFINANCE AND REIMBURSE THE UNIVERSITY FOR COST OF THE ACQUISITION, CONSTRUCTION, RENOVATION AND EQUIPPING OF CERTAIN OF ITS EDUCATIONAL FACILITIES, INCLUDING A NEW RESIDENCE HALL AND DINING FACILITY, THE LOGAN ARTS CENTER, A LIBRARY ADDITION, AND THE CENTER FOR BIOMEDICAL DISCOVERY, AND PAY CERTAIN COSTS OF ISSUANCE. $369,570,000 ILLINOIS FINANCE AUTHORITY REVENUE BONDS, THE UNIVERSITY OF CHICAGO, SERIES 2012A, (F) DESCRIPTION OF PURPOSE TO FINANCE, REFINANCE AND REIMBURSE THE UNIVERSITY FOR ALL OR A PORTION OF THE COSTS OF ACQUISITION, CONSTRUCTION, RENOVATION, IMPROVEMENT AND EQUIPPING OF CERTAIN OF ITS EDUCATIONAL FACILITIES, INCLUDING THE WILLIAM ECKHARDT RESEARCH CENTER, THE LABORATORY SCHOOLS, THE MULTIPURPOSE ECONOMICS RESEARCH BUILDING, AND VARIOUS OTHER ADMINISTRATIVE, ACADEMIC, RESEARCH, INFRASTRUCTURE AND CAMPUS PROJECTS; TO ADVANCE OR CURRENTLY REFUND ALL OR A PORTION OF THE SERIES 1985A BONDS AND THE 2004A BONDS; AND PAY CERTAIN COSTS OF ISSUANCE. $149,090,000 ILLINOIS FINANCE AUTHORITY REVENUE BONDS, THE UNIVERSITY OF CHICAGO, SERIES 2013A, (F) DESCRIPTION OF PURPOSE: TO FINANCE, REFINANCE, AND REIMBURSE THE UNIVERSITY FOR ALL OR A PORTION OF THE COSTS OF ACQUISITION, CONSTRUCTION, RENOVATION, IMPROVEMENT AND EQUIPPING OF CERTAIN EDUCATIONAL FACILITIES, INCLUDING THE WILLIAM ECKHARDT RESEARCH CENTER, THE LABORATORY SCHOOLS, ADAPTIVE REUSE OF 5757 S. UNIVERSITY AVENUE AND VARIOUS OTHER ADMINISTRATIVE, ACADEMIC, RESEARCH, INFRASTRUCTURE AND CAMPUS PROJECTS; TO ADVANCE OR CURRENTLY REFUND ALL OR A PORTION OF THE SERIES 2001A BONDS, THE 2004A BONDS AND THE 2008B BONDS; AND PAY CERTAIN COSTS OF ISSUANCE. $650,000,000 ILLINOIS FINANCE AUTHORITY REVENUE BONDS, THE UNIVERSITY OF CHICAGO, SERIES 2014A, (F) DESCRIPTION OF PURPOSE: TO FINANCE, REFINANCE AND REIMBURSE THE UNIVERSITY FOR ALL OR A PORTION OF THE COSTS OF ACQUISITION, CONSTRUCTION, RENOVATION, IMPROVEMENT AND EQUIPPING OF CERTAIN EDUCATIONAL FACILITIES, REFUND THE SERIES 2009 ISSUE, PAY CERTAIN COSTS RELATING TO THE ISSUE OF THE SERIES 2014A BONDS AND ADVANCED REFUNDING OF THE 2009 ISSUE. $415,825,000 ILLINOIS FINANCE AUTHORITY REVENUE BONDS, THE UNIVERSITY OF CHICAGO, SERIES 2015A, (F) DESCRIPTION OF PURPOSE: TO FINANCE, REFINANCE AND REIMBURSE THE UNIVERSITY FOR ALL OR A PORTION OF THE COSTS OF ACQUISITION, CONSTRUCTION, RENOVATION, IMPROVEMENT AND EQUIPPING OF CERTAIN EDUCATIONAL FACILITIES, REFUND THE SERIES 2007 ISSUE, PAY CERTAIN COSTS OF ISSUANCE.
SCHEDULE K, PART II, LINE 3 SERIES 2003B: THE DIFFERENCE BETWEEN THE ISSUE PRICE AND TOTAL PROCEEDS OF THE ISSUE IS THE INTEREST EARNED ON INVESTMENTS OF $141,933. SERIES 2004B: THE DIFFERENCE BETWEEN THE ISSUE PRICE AND TOTAL PROCEEDS OF THE ISSUE IS THE INTEREST EARNED ON INVESTMENTS OF $2,437,189. SERIES 2007: THE DIFFERENCE BETWEEN THE ISSUE PRICE AND TOTAL PROCEEDS OF THE ISSUE IS THE INTEREST EARNED ON INVESTMENTS OF $6,005,381. SERIES 2008B: THE DIFFERENCE BETWEEN THE ISSUE PRICE AND TOTAL PROCEEDS OF THE ISSUE IS THE INTEREST EARNED ON INVESTMENTS OF $646,698. SERIES 2012A: THE DIFFERENCE BETWEEN THE ISSUE PRICE AND TOTAL PROCEEDS OF THE ISSUE IS THE INTEREST EARNED ON INVESTMENTS OF $8,068. SERIES 2013A: THE DIFFERENCE BETWEEN THE ISSUE PRICE AND TOTAL PROCEEDS OF THE ISSUE IS THE INTEREST EARNED ON INVESTMENTS OF $4,887. SERIES 2014A: THE DIFFERENCE BETWEEN THE ISSUE PRICE AND THE TOTAL PROCEEDS OF THE ISSUE IS THE INTEREST EARNED ON INVESTMENTS OF $3,893. SERIES 2015A: THE DIFFERENCE BETWEEN THE ISSUE PRICE AND THE TOTAL PROCEEDS OF THE ISSUE IS THE INTEREST EARNED ON INVESTMENTS OF $99,605.
SCHEDULE K, PART II, LINE 11 SERIES 2004B: THE OTHER SPENT PROCEEDS ARE THE REFUNDING PROCEEDS OF THE ISSUE THAT ARE NO LONGER IN ESCROW. SERIES 2008B: THE OTHER SPENT PROCEEDS ARE THE REFUNDING PROCEEDS OF THE ISSUE THAT ARE NO LONGER IN ESCROW. SERIES 2012B: THE OTHER SPENT PROCEEDS ARE THE REFUNDING PROCEEDS OF THE ISSUE THAT ARE NO LONGER IN ESCROW. SERIES 2013A: THE OTHER SPENT PROCEEDS ARE THE REFUNDING PROCEEDS OF THE ISSUE THAT ARE NO LONGER IN ESCROW. SERIES 2014A: THE OTHER SPENT PROCEEDS ARE THE REFUNDING PROCEEDS OF THE ISSUE THAT ARE NO LONGER IN ESCROW. SERIES 2015A: THE OTHER SPENT PROCEEDS ARE THE REFUNDING PROCEEDS OF THE ISSUE THAT ARE NO LONGER IN ESCROW.
Schedule K (Form 990) 2015

Additional Data


Software ID:  
Software Version:  

Schedule L
(Form 990 or 990-EZ)
Department of the Treasury
Internal Revenue Service
Transactions with Interested Persons
MediumBullet Complete if the organization answered
"Yes" on Form 990, Part IV, lines 25a, 25b, 26, 27, 28a, 28b, or 28c,
or Form 990-EZ, Part V, line 38a or 40b.
MediumBullet Attach to Form 990 or Form 990-EZ.
MediumBulletInformation about Schedule L (Form 990 or 990-EZ) and its instructions is at www.irs.gov/form990.
OMB No. 1545-0047
2015
Open to Public Inspection
Name of the organization
UNIVERSITY OF CHICAGO
 
Employer identification number

36-2177139
Part I
Excess Benefit Transactions (section 501(c)(3), section 501(c)(4), and 501(c)(29) organizations only).
Complete if the organization answered "Yes" on Form 990, Part IV, line 25a or 25b, or Form 990-EZ, Part V, line 40b.
1(a) Name of disqualified person (b) Relationship between disqualified person and organization (c) Description of transaction (d) Corrected?
Yes No
2
Enter the amount of tax incurred by organization managers or disqualified persons during the year under section 4958. ........................... Bullet Image$
 
3
Enter the amount of tax, if any, on line 2, above, reimbursed by the organization ........ Bullet Image$
 

Part II
Loans to and/or From Interested Persons.
Complete if the organization answered "Yes" on Form 990-EZ, Part V, line 38a, or Form 990, Part IV, line 26; or if the organization reported an amount on Form 990, Part X, line 5, 6, or 22
(a) Name of interested person (b) Relationship with organization (c) Purpose of loan (d) Loan to or from the organization? (e)Original principal amount (f)Balance due (g) In default? (h) Approved by board or committee? (i)Written agreement?
To From Yes No Yes No Yes No
(1) DAVID FITHIAN
  		OFFICER     X 136,000 94,571   No Yes   Yes  
(2) IAN SOLOMON
  		OFFICER     X 300,000 265,001   No Yes   Yes  
(3) KIM TAYLOR
  		OFFICER     X 100,000 80,000   No Yes   Yes  
Total ...............Small Bullet $ 439,572
Part III
Grants or Assistance Benefiting Interested Persons.
Complete if the organization answered "Yes" on Form 990, Part IV, line 27.
(a) Name of interested person (b) Relationship between interested person and the organization (c) Amount of assistance (d) Type of assistance (e) Purpose of assistance
For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.
Cat. No. 50056A
Schedule L (Form 990 or 990-EZ) 2015
Schedule L (Form 990 or 990-EZ) 2015
Page 2
Part IV
Business Transactions Involving Interested Persons.
Complete if the organization answered "Yes" on Form 990, Part IV, line 28a, 28b, or 28c.
(a) Name of interested person (b) Relationship between interested person and the organization (c) Amount of transaction (d) Description of transaction (e) Sharing of organization's revenues?
Yes No
(1) TISHMAN SPEYER CROWN EQUITIES LLC
  		SEE PART V 598,053 SEE PART V   No
(2) TRIAN PARTNERS
  		SEE PART V 848,584 SEE PART V   No
(3) MAN GROUP PLC
  		SEE PART V 942,728 SEE PART V   No
(4) THE CARLYLE GROUP
  		SEE PART V 358,046 SEE PART V   No
(5) LAKE CAPITAL PARTNERS
  		SEE PART V 192,373 SEE PART V   No
(6) SHADI BARTSCH-ZIMMER
  		SEE PART V 290,972 SEE PART V   No
(7) SUMATI MURLI
  		SEE PART V 158,067 SEE PART V   No
(8) TAMAR POLONSKY
  		SEE PART V 227,307 SEE PART V   No
(9) TAMARA VOKES
  		SEE PART V 262,304 SEE PART V   No
(10) JESSICA DARROW
  		SEE PART V 96,521 SEE PART V   No
Part V
Supplemental Information
Provide additional information for responses to questions on Schedule L (see instructions).
Return Reference Explanation
SCHEDULE L, PART IV JAMES S. CROWN, A TRUSTEE OF THE UNIVERSITY, AND HIS FAMILY OWN AN INDIRECT INTEREST IN TISHMAN SPEYER CROWN EQUITIES LLC (TISHMAN SPEYER), WHICH THROUGH A SUBSIDIARY OWNS AN OFFICE BUILDING IN WASHINGTON D.C. IN WHICH THE UNIVERSITY OF CHICAGO LEASES OFFICE SPACE. THE LEASE BETWEEN THE UNIVERSITY AND TISHMAN SPEYER WAS NEGOTIATED AT ARMS' LENGTH AND WAS CONCLUDED ON FAIR MARKET TERMS. THE UNIVERSITY PAID TISHMAN SPEYER A TOTAL OF $235,024 IN RENT, TAXES AND EXPENSES FOR THIS PROPERTY DURING THE TAX YEAR ENDED JUNE 30, 2016. THE UNIVERSITY ALSO LEASES OFFICE SPACE IN NEW YORK, NEW YORK FROM TISHMAN SPEYER. THE LEASE BETWEEN THE UNIVERSITY AND TISHMAN SPEYER WAS NEGOTIATED AT ARMS' LENGTH AND WAS CONCLUDED ON FAIR MARKET TERMS. THE UNIVERSITY PAID TISHMAN SPEYER A TOTAL OF $ 363,029 IN RENT, TAXES AND EXPENSES FOR THIS PROPERTY DURING THE TAX YEAR ENDED JUNE 30, 2016.PETER W. MAY, A TRUSTEE OF THE UNIVERSITY, IS PRESIDENT AND FOUNDING PARTNER OF TRIAN PARTNERS, AN INVESTMENT MANAGEMENT FIRM WITH WHICH THE UNIVERSITY HAS INVESTED A PORTION OF ITS ENDOWMENT. TRIAN PARTNERS RECEIVED APPROXIMATELY $848,500 IN MANAGEMENT AND INCENTIVE FEES IN CONNECTION WITH THE UNIVERSITY'S INVESTMENT FOR THE TAX YEAR ENDED JUNE 30, 2016. EMMANUEL ROMAN, A TRUSTEE OF THE UNIVERSITY, WAS DURING THE TAX YEAR THE CHIEF EXECUTIVE OFFICER OF MAN GROUP PLC, AN ALTERNATIVE INVESTMENT MANAGEMENT FIRM WITH WHICH THE UNIVERSITY HAS INVESTED A PORTION OF ITS ENDOWMENT. THE MAN GROUP PLC RECEIVED APPROXIMATELY $943,000 IN FEES IN CONNECTION WITH THE UNIVERSITY'S INVESTMENT FOR THE TAX YEAR ENDED JUNE 30, 2016.DAVID M. RUBENSTEIN, A TRUSTEE OF THE UNIVERSITY, IS A CO-FOUNDER AND CO-CEO OF THE CARLYLE GROUP, A PRIVATE EQUITY FIRM WITH WHICH THE UNIVERSITY HAS INVESTED A PORTION OF ITS ENDOWMENT. THE CARLYLE GROUP RECEIVED APPROXIMATELY $358,000 IN FEES IN CONNECTION WITH THE UNIVERSITY'S INVESTMENT FOR THE TAX YEAR ENDED JUNE 30, 2016.PAUL YOVOVICH, A TRUSTEE OF THE UNIVERSITY, IS PRESIDENT, PRINCIPAL, AND CO-FOUNDER OF LAKE CAPITAL, A PRIVATE EQUITY FIRM WITH WHICH THE UNIVERSITY HAS INVESTED A PORTION OF ITS ENDOWMENT. LAKE CAPITAL RECEIVED APPROXIMATELY $192,000 IN FEES IN CONNECTION WITH THE UNIVERSITY'S INVESTMENT FOR THE TAX YEAR ENDED JUNE 30, 2016.SHADI BARTSCH-ZIMMER, THE WIFE OF THE UNIVERSITY OF CHICAGO PRESIDENT ROBERT J. ZIMMER, IS EMPLOYED BY THE UNIVERSITY AS A PROFESSOR OF CLASSICS. MS. BARTSCH-ZIMMER WAS PAID A GROSS SALARY OF $290,972 FOR THE CALENDAR YEAR 2015 IN CONNECTION WITH HER EMPLOYMENT.SUMATI MURLI, THE WIFE OF SUNIL KUMAR, DEAN OF THE BOOTH SCHOOL OF BUSINESS DURING THE TAX YEAR ENDED JUNE 30, 2016, WAS EMPLOYED BY THE UNIVERSITY AS A DIRECTOR FOR CLINICAL RESEARCH OPERATIONS. MS. MURLI WAS PAID $158,067 FOR THE CALENDAR YEAR 2015 IN CONNECTION WITH HER EMPLOYMENT.TAMAR POLONSKY, THE DAUGHTER OF KENNETH POLONSKY, DEAN AND EXECUTIVE VICE PRESIDENT FOR MEDICAL AFFAIRS, IS EMPLOYED BY THE UNIVERSITY AS AN ASSISTANT PROFESSOR IN THE DEPARTMENT OF MEDICINE. DR. POLONSKY WAS PAID $227,307 FOR THE CALENDAR YEAR 2015 IN CONNECTION WITH HER EMPLOYMENT.TAMARA VOKES, THE WIFE OF EVERETT VOKES, THE FORMER DEAN AND VICE PRESIDENT OF MEDICAL AFFAIRS, IS EMPLOYED BY THE UNIVERSITY AS A PROFESSOR IN CLINICAL MEDICINE. DR. VOKES WAS PAID $262,304 FOR THE CALENDAR YEAR 2015 IN CONNECTION WITH HER EMPLOYMENT.JESSICA DARROW, THE DAUGHTER OF KATHARINE DARROW, A TRUSTEE OF THE UNIVERSITY, IS EMPLOYED BY THE UNIVERSITY AS A LECTURER IN THE UNIVERSITY'S SCHOOL OF SOCIAL SERVICE ADMINISTRATION. MS. DARROW WAS PAID $96,521 IN COMPENSATION FOR THE CALENDAR YEAR 2015 IN CONNECTION WITH HER EMPLOYMENT.
Schedule L (Form 990 or 990-EZ) 2015


Additional Data


Software ID:  
Software Version:  




SCHEDULE M
(Form 990)

Department of the Treasury
Internal Revenue Service
Noncash Contributions
Right pointing arrow large imageComplete if the organizations answered "Yes" on Form 990, Part IV, lines 29 or 30.
Right pointing arrow large image Attach to Form 990.
Right pointing arrow large imageInformation about Schedule M (Form 990) and its instructions is at www.irs.gov/form990
OMB No. 1545-0047
2015
Open to Public Inspection
Name of the organization
UNIVERSITY OF CHICAGO
 
Employer identification number

36-2177139
Part I
Types of Property
(a)
Check if applicable 		(b)
Number of contributions or items contributed 		(c)
Noncash contribution amounts reported on
Form 990, Part VIII, line 1g 		(d)
Method of determining
noncash contribution amounts
1 Art—Works of art .... X 12    
2 Art—Historical treasures .        
3 Art—Fractional interests ..        
4 Books and publications .. X 605,777 OPINION OF EXPERTS
5 Clothing and household
goods ....... 		     
6 Cars and other vehicles ..        
7 Boats and planes ....        
8 Intellectual property ...        
9 Securities—Publicly traded . X 368 46,321,142 COST/SELLING PRICE
10 Securities—Closely held stock .        
11 Securities—Partnership, LLC,
or trust interests .... 		       
12 Securities—Miscellaneous ..        
13 Qualified conservation
contribution—Historic
structures ..... 		       
14 Qualified conservation
contribution—Other ... 		       
15 Real estate—Residential .        
16 Real estate—Commercial ..        
17 Real estate—Other ...        
18 Collectibles .....        
19 Food inventory ...        
20 Drugs and medical supplies .        
21 Taxidermy ......        
22 Historical artifacts ....        
23 Scientific specimens ..        
24 Archeological artifacts ...        
25 Other Right pointing arrow large image ( MOBILE MEDICAL UNIT ) X 1 268,000 COST
26 Other Right pointing arrow large image ( )
27 Other Right pointing arrow large image ( )
28 Other Right pointing arrow large image ( )
29
Number of Forms 8283 received by the organization during the tax year for contributions
for which the organization completed Form 8283, Part IV, Donee Acknowledgement
29
18
Yes
No
30a
During the year, did the organization receive by contribution any property reported in Part I, lines 1 through 28, that
it must hold for at least three years from the date of the initial contribution, and which is not required to be used
for exempt purposes for the entire holding period? ..................
30a
 
No
b
If "Yes," describe the arrangement in Part II.
31
Does the organization have a gift acceptance policy that requires the review of any non-standard contributions?
31
Yes
 
32a
Does the organization hire or use third parties or related organizations to solicit, process, or sell noncash
contributions? ..........................
32a
Yes
 
b
If "Yes," describe in Part II.
33
If the organization did not report an amount in column (c) for a type of property for which column (a) is checked,
describe in Part II.
For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 51227J
Schedule M (Form 990) (2015)
Schedule M (Form 990) (2015)
Page 2
Part II
Supplemental Information. Provide the information required by Part I, lines 30b, 32b, and 33, and whether the organization is reporting in Part I, column (b), the number of contributions, the number of items received, or a combination of both. Also complete this part for any additional information.
Return Reference Explanation
PART I, LINE 32B: RELATED ORGANIZATIONS IN THE UK, FRANCE, SINGAPORE, HONG KONG AND INDIA SOLICIT CHARITABLE CONTRIBUTIONS FOR THE BENEFIT OF THE UNIVERSITY AND ITS PROGRAMS. THE UNIVERSITY USES AN OUTSIDE BROKER TO SELL GIFTS OF SECURITIES.
PART I, LINE 33: THE UNIVERSITY OF CHICAGO DOES NOT RECORD GIFTS OF ART AS REVENUE AS PERMITTED UNDER SFAS 116.
Schedule M (Form 990) (2015)

Additional Data


Software ID:  
Software Version:  
SCHEDULE O
(Form 990 or 990-EZ)

Department of the Treasury
Internal Revenue Service
Supplemental Information to Form 990 or 990-EZ

Complete to provide information for responses to specific questions on
Form 990 or 990-EZ or to provide any additional information.
MediumBullet Attach to Form 990 or 990-EZ.
MediumBullet Information about Schedule O (Form 990 or 990-EZ) and its instructions is at
www.irs.gov/form990.
OMB No. 1545-0047
2015
Open to Public
Inspection
Name of the organization
UNIVERSITY OF CHICAGO
 
Employer identification number

36-2177139
Return Reference Explanation
FORM 990, PART VI, SECTION A, LINE 2 ANDREW M. ALPER, KENNETH M. JACOBS AND TIMOTHY H. GEORGE, ALL TRUSTEES OF THE UNIVERSITY, HAVE A BUSINESS RELATIONSHIP. CRAIG J. DUCHOSSOIS AND JAMES S. CROWN, BOTH TRUSTEES OF THE UNIVERSITY, HAVE A BUSINESS RELATIONSHIP. CRAIG J. DUCHOSSOIS AND JOHN W. ROGERS, BOTH TRUSTEES OF THE UNIVERSITY, HAVE A BUSINESS RELATIONSHIP. CRAIG J. DUCHOSSOIS AND RODNEY L. GOLDSTEIN, BOTH TRUSTEES OF THE UNIVERSITY, HAVE A BUSINESS RELATIONSHIP. CRAIG J. DUCHOSSOIS AND E. DAVID COOLIDGE III, BOTH TRUSTEES OF THE UNIVERSITY, HAVE A BUSINESS RELATIONSHIP. CRAIG J. DUCHOSSOIS AND BYRON D. TROTT, BOTH TRUSTEES OF THE UNIVERSITY, HAVE A BUSINESS RELATIONSHIP. JOHN W. ROGERS AND PAULA WOLFF, BOTH TRUSTEES OF THE UNIVERSITY, HAVE A BUSINESS RELATIONSHIP. BYRON D. TROTT AND JOSEPH NEUBAUER, BOTH TRUSTEES OF THE UNIVERSITY, HAVE A BUSINESS RELATIONSHIP. MICHAEL P. POLSKY AND MARY A. TOLAN, BOTH TRUSTEES OF THE UNIVERSITY, HAVE A BUSINESS RELATIONSHIP. THOMAS J. PRITZKER AND BYRON D. TROTT, BOTH TRUSTEES OF THE UNIVERSITY, HAVE A BUSINESS RELATIONSHIP.
FORM 990, PART VI, SECTION A, LINE 4 EFFECTIVE MAY 2016, AS PART OF A REORGANIZATION OF THE STANDING COMMITTEES OF THE BOARD OF TRUSTEES, THE UNIVERSITY AMENDED ITS BYLAWS TO ELIMINATE THE BOARD'S COMPENSATION COMMITTEE. ALL RESPONSIBILITIES OF THE COMPENSATION COMMITTEE RELATED TO ANNUAL OFFICER COMPENSATION REVIEW HAVE BEEN ASSUMED BY THE EXECUTIVE COMMITTEE OF THE BOARD. COMPENSATION REVIEWS AND FINAL COMPENSATION DECISIONS OF THE EXECUTIVE COMMITTEE ARE BASED ON THE RECOMMENDATIONS OF THE CHAIR OF THE BOARD OF TRUSTEES OR PRESIDENT, AS APPROPRIATE, AS WELL AS COMPARABILITY DATA PROVIDED BY EXTERNAL CONSULTANTS.
FORM 990, PART VI, SECTION B, LINE 11 PRIOR TO FILING THE FORM 990, MEMBERS OF THE EXECUTIVE COMMITTEE OF THE UNIVERSITY'S BOARD OF TRUSTEES WERE GIVEN AN OPPORTUNITY TO REVIEW PORTIONS OF THE FORM 990 RELEVANT TO THE THEIR AREAS OF OVERSIGHT. THESE PORTIONS OF THE FORM 990 WERE DISTRIBUTED TO COMMITTEE MEMBERS FOR CONVENED MEETINGS IN MARCH 2017, AT WHICH TRUSTEES OF THESE COMMITTEES WERE GIVEN THE OPPORTUNITY TO DISCUSS THE RELEVANT SECTIONS OF THE FORM 990 AND ASK QUESTIONS. IN ADDITION, IN EARLY APRIL 2017, THE COMPLETED DRAFT FORM 990 (AND FORM 990-T), INCLUDING ALL SCHEDULES, WAS POSTED ON A SECURE WEBSITE ACCESSIBLE TO ALL TRUSTEES TO ALLOW THEM TO REVIEW THE FORM, PROVIDE COMMENTS, AND ASK ANY QUESTIONS. INFORMATION ABOUT ACCESSING THE WEBSITE WAS DISTRIBUTED IN ADVANCE TO ALL TRUSTEES. THE DRAFT FORM REMAINED AVAILABLE ON THE WEBSITE FOR APPROXIMATELY TWO WEEKS, AFTER WHICH ONLINE ACCESS ENDED TO ALLOW THE UNIVERSITY TIME TO FINALIZE THE FORM 990 AND FORM 990T FOR FILING WITH THE IRS.
FORM 990, PART VI, SECTION B, LINE 12C ALL TRUSTEES, OFFICERS, FACULTY, SENIOR ADMINISTRATORS, AND OTHER EMPLOYEES OF THE UNIVERSITY ARE SUBJECT TO CONFLICT OF INTEREST POLICIES THAT, AMONG OTHER THINGS, DEFINE MATERIAL FINANCIAL CONFLICTS OF INTEREST, IDENTIFY THE CLASSES OF INDIVIDUALS COVERED BY THE POLICIES, FACILITATE DISCLOSURE OF INFORMATION, AND SPECIFY PROCEDURES TO BE FOLLOWED IN MANAGING THE CONFLICTS. THESE CONFLICT OF INTEREST POLICIES AND PROCEDURES INCLUDE: (1) THE UNIVERSITY OF CHICAGO CONFLICT OF INTEREST POLICY FOR TRUSTEES AND OFFICERS REQUIRES TRUSTEES AND OFFICERS TO ALERT THE CHAIR OF THE BOARD, THE COMMITTEE ON TRUSTEESHIP AND GOVERNANCE, OR THE UNIVERSITY'S VICE PRESIDENT AND GENERAL COUNSEL OF ANY POTENTIAL CONFLICT OF INTEREST, AND ABSTAIN FROM PARTICIPATING IN OR VOTING ON THE MATTER. THE POLICY ALSO REQUIRES TRUSTEES AND OFFICERS TO DISCLOSE ON AN ANNUAL BASIS, ACTUAL AND POTENTIAL CONFLICTS OF INTEREST BY COMPLETING A CONFLICT OF INTEREST DISCLOSURE STATEMENT. ALL CONFLICT OF INTEREST DISCLOSURES AND RELATED DISCUSSIONS ARE SHARED WITH THE CHAIR OF THE BOARD, THE COMMITTEE ON TRUSTEESHIP AND GOVERNANCE, AND THE UNIVERSITY'S PRESIDENT, ITS GENERAL COUNSEL, AND ITS EXTERNAL AUDITORS. THE UNIVERSITY'S VICE PRESIDENT AND GENERAL COUNSEL, IN CONSULTATION WITH THE COMMITTEE ON TRUSTEESHIP AND GOVERNANCE AND SENIOR UNIVERSITY ADMINISTRATORS, COMPILES THE DISCLOSURES INTO A CONFIDENTIAL DATABASE AND PREPARES FOR EACH TRUSTEE AND OFFICER A WRITTEN ACKNOWLEDGEMENT OF THE DISCLOSURE THAT IDENTIFIES ANY PENDING UNIVERSITY TRANSACTIONS THAT MAY BE AFFECTED BY THE DISCLOSURE. THE CHAIR OF THE BOARD ALSO REVIEWS ALL DISCLOSED POTENTIAL CONFLICTS OF INTEREST BEFORE MAKING BOARD COMMITTEE ASSIGNMENTS. (2) THE UNIVERSITY'S POLICY ON SERVICE TO OUTSIDE ORGANIZATIONS BY SENIOR ADMINISTRATORS REQUIRES OFFICER AND SENIOR ADMINISTRATORS TO DISCLOSE ALL OFFICER, DIRECTOR, OR TRUSTEE POSITIONS THEY HOLD OR INTEND TO HOLD IN OUTSIDE ORGANIZATIONS, INCLUDING BUT NOT LIMITED TO ORGANIZATIONS IN WHICH THEY HAVE A FINANCIAL INTEREST OR FROM WHICH THEY RECEIVE COMPENSATION. THE UNIVERSITY'S OFFICE OF LEGAL COUNSEL MONITORS SUCH POTENTIAL CONFLICTS BY CIRCULATING ANNUALLY A DISCLOSURE FORM THAT MUST BE UPDATED AS CIRCUMSTANCES CHANGE, AND OFFICERS ARE ALSO REQUIRED TO DISCLOSE ALL SUCH RELATIONSHIPS IN ADVANCE TO THEIR IMMEDIATE SUPERVISOR. THIS INFORMATION MAY BE SHARED WITH THE UNIVERSITY'S TRUSTEES, PRESIDENT, PROVOST, GENERAL COUNSEL, AND OTHERS AS NECESSARY; COMPENSATED OUTSIDE SERVICE IS ALSO SUBJECT TO REVIEW BY THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES. (3) ACADEMIC EMPLOYEES, INCLUDING THE PRESIDENT AND THE PROVOST, ARE SUBJECT TO THE UNIVERSITY'S CONFLICT OF INTEREST AND CONFLICT OF COMMITMENT POLICY FOR FACULTY AND OTHER ACADEMIC APPOINTEES. THE OFFICE OF THE PROVOST IS THE ADMINISTRATIVE OFFICE CHARGED WITH ASSURING COMPLIANCE WITH THE FACULTY CONFLICT OF INTEREST POLICY. THE PROVOST HAS DELEGATED OVERSIGHT OF THIS POLICY TO THE VICE PROVOST FOR ACADEMIC AFFAIRS AS ITS CHAIR. THE PROVOST ALSO APPOINTS THE MEMBERS OF THE STANDING COMMITTEE ON INDIVIDUAL CONFLICTS OF INTEREST AND DESIGNATES THE VICE PROVOST FOR ACADEMIC AFFAIRS AS ITS CHAIR. THE PROVOST REPORTS PERIODICALLY TO THE STANDING COMMITTEE ON THE STATUS OF FACULTY COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY; THE REPORT INCLUDES HOW RISKS HAVE BEEN ADDRESSED THROUGH MANAGEMENT PLANS OR OTHER PRACTICES INTENDED TO PROVIDE FOR THE REDUCTION, ELIMINATION OR MANAGEMENT OF FINANCIAL CONFLICTS OF INTERESTS. THE VICE PROVOST FOR ACADEMIC AFFAIRS SEEKS ASSESSMENTS OF THE RISKS AND RECOMMENDATIONS FOR RESPONSIBLE MANAGEMENT FROM DEPARTMENT CHAIRS AND DEANS AND OTHERS SUCH AS THE DIRECTOR OF UNIVERSITY RESEARCH ADMINISTRATION AND THE OFFICE OF LEGAL COUNSEL. (4) THE UNIVERSITY'S CONFLICT OF INTEREST POLICY REQUIRES ALL NON-ACADEMIC EMPLOYEES TO AVOID INVOLVEMENT IN ACTIVITIES WHICH MIGHT CONFLICT, OR MIGHT APPEAR TO CONFLICT, WITH THEIR INSTITUTIONAL RESPONSIBILITIES, INCLUDING, BUT NOT LIMITED TO BUSINESS OR FINANCIAL INTERESTS, TRANSACTIONS INVOLVING THE USE OF CONFIDENTIAL INFORMATION OR KNOWLEDGE GAINED AS A RESULT OF THE EMPLOYEE'S RELATIONSHIP WITH THE UNIVERSITY, THE USE OF UNIVERSITY RESOURCES FOR PERSONAL BENEFIT OR THE BENEFIT OF OTHERS, THE ACCEPTANCE OF GIFTS OF MORE THAN NOMINAL VALUE, AND NEPOTISM. CONFLICT OF INTEREST POLICY REQUIRES STAFF TO PROVIDE FULL DISCLOSURE OF ANY INTEREST THAT MIGHT INFLUENCE, OR APPEAR TO HAVE THE CAPACITY TO INFLUENCE, THE STAFF MEMBER'S OFFICIAL DECISIONS OR ACTIONS ON UNIVERSITY MATTERS. THE DISCLOSURES ARE TO BE IN WRITING, TENDERED TO THE EMPLOYEE'S IMMEDIATE SUPERVISOR, DEPARTMENT HEAD, OR THE APPROPRIATE VICE PRESIDENT OF THE UNIVERSITY. (5) THE UNIVERSITY'S POLICY ON BUSINESS CONDUCT AT THE UNIVERSITY OF CHICAGO REQUIRES ALL UNIVERSITY EMPLOYEES TO, AMONG OTHER THINGS, AVOID REAL OR PERCEIVED CONFLICTS OF INTEREST; USE UNIVERSITY RESOURCES ONLY FOR LEGITIMATE UNIVERSITY BUSINESS; AND REPORT POSSIBLE VIOLATIONS OF THE POLICY, OTHER UNIVERSITY POLICIES, OR APPLICABLE LAW. MEMBERS OF THE UNIVERSITY COMMUNITY ARE ENCOURAGED TO REPORT COMPLIANCE CONCERNS THROUGH NORMAL LINES OF COMMUNICATION INCLUDING DISCUSSIONS WITH SUPERVISORS OR ADVISORS AND, IF NECESSARY, THROUGH THE TOLL-FREE HOTLINE.
FORM 990, PART VI, SECTION B, LINE 15 DURING THE TAX YEAR, THE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES CONDUCTED ITS ANNUAL REVIEW OF COMPENSATION FOR THE UNIVERSITY'S PRESIDENT AND ALL OTHER UNIVERSITY OFFICERS, BASED ON A RECOMMENDATION FROM THE CHAIRMAN OF THE BOARD OF TRUSTEES IN THE CASE OF THE PRESIDENT'S COMPENSATION, AND RECOMMENDATIONS FROM THE PRESIDENT IN THE CASE OF OFFICER COMPENSATION. THE COMPENSATION COMMITTEE REVIEWED THESE RECOMMENDATIONS, INCLUDING A REVIEW OF COMPARABILITY DATA PROVIDED BY EXTERNAL CONSULTANTS, AND MADE A RECOMMENDATION REGARDING COMPENSATION TO THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES, WHICH ALSO REVIEWED THE COMPARABILITY DATA AND MADE ALL FINAL COMPENSATION DECISIONS. THE RECOMMENDATIONS OF THE COMPENSATION COMMITTEE AND THE DECISIONS OF THE EXECUTIVE COMMITTEE WERE DOCUMENTED IN MINUTES MAINTAINED BY THE UNIVERSITY. EFFECTIVE MAY 2016, THE UNIVERSITY AMENDED ITS BYLAWS TO ELIMINATE THE COMPENSATION COMMITTEE. THE EXECUTIVE COMMITTEE OF THE BOARD CONTINUES TO BE RESPONSIBLE FOR CONDUCTING OFFICER COMPENSATION REVIEWS AND MAKING ALL FINAL COMPENSATION DECISIONS BASED ON THE RECOMMENDATIONS OF THE CHAIR OF THE BOARD OF TRUSTEES AND PRESIDENT, AS APPROPRIATE, AS WELL AS COMPARABILITY DATA PROVIDED BY EXTERNAL CONSULTANTS. ALL DECISIONS OF THE EXECUTIVE COMMITTEE CONTINUE TO BE DOCUMENTED IN MINUTES MAINTAINED BY THE UNIVERSITY.
FORM 990, PART VI, SECTION C, LINE 19 THE UNIVERSITY'S ARTICLES OF INCORPORATION AND BYLAWS, CONFLICT OF INTEREST POLICIES, AND MOST RECENT FINANCIAL STATEMENTS ARE PUBLICLY AVAILABLE ON THE UNIVERSITY'S WEBSITE, WWW.UCHICAGO.EDU .
FORM 990, PART XI, LINE 9: MISCELLANEOUS -532.
For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.
Cat. No. 51056K
Schedule O (Form 990 or 990-EZ) 2015


Additional Data


Software ID:  
Software Version:  
SCHEDULE R
(Form 990)
Department of the Treasury
Internal Revenue Service
Related Organizations and Unrelated Partnerships
MediumBulletComplete if the organization answered "Yes" on Form 990, Part IV, line 33, 34, 35b, 36, or 37.
MediumBulletAttach to Form 990.
MediumBullet Information about Schedule R (Form 990) and its instructions is at www.irs.gov/form990.

OMB No. 1545-0047
2015
Open to Public Inspection
Name of the organization
UNIVERSITY OF CHICAGO
 
Employer identification number

36-2177139
Part I
Identification of Disregarded Entities Complete if the organization answered "Yes" on Form 990, Part IV, line 33.
(a)
Name, address, and EIN (if applicable) of disregarded entity


(b)
Primary activity


 		(c)
Legal domicile (state
or foreign country)

 		(d)
Total income


 		(e)
End-of-year assets


 		(f)
Direct controlling
entity
(1) UCHICAGO ARGONNE LLC
5801 S ELLIS AVENUE
CHICAGO,IL60637
68-0628477 		MANAGE LAB IL 731,071,725   UNIV OF CHICAGO
 
(2) UNIV OF CHICAGO FOUNDATION LTD
5TH FL ALDER CASTLE 10 NOBLE
  LONDON  
UK
98-0525557 		FUNDRAISING UK 1,001,605 41,131 UNIV OF CHICAGO
 
(3) THEORY AND COMPUTING SCIENCES
5801 S ELLIS AVENUE
CHICAGO,IL60637
51-6596577 		RESEARCH BUILDING IL 7,506,553 84,612,789 UNIV OF CHICAGO
 
(4) UCHICAGO TRADING
5801 S ELLIS AVENUE
CHICAGO,IL60637
30-0517735 		INVESTING IL -11,212,002 2,187,947 UNIV OF CHICAGO
 
(5) MAROON INVESTMENTS LLC
5801 S ELLIS AVENUE
CHICAGO,IL60637
 HOLDING COMPANY DE 0 0 UNIV OF CHICAGO
 
(6) UCHICAGO IMPACT LLC
1307 E 60TH STREET
CHICAGO,IL60637
61-1682394 		EDUCATION IL 8,321,273 9,005,108 UNIV OF CHICAGO
 
(7) HARPER COURT LLC
5801 S ELLIS AVENUE
CHICAGO,IL60637
 HOLDING COMPANY IL 3,212,134 -13,904,027 UNIV OF CHICAGO
 
Part II
Identification of Related Tax-Exempt Organizations Complete if the organization answered "Yes" on Form 990, Part IV, line 34 because it had one or more related tax-exempt organizations during the tax year.
(a)
Name, address, and EIN of related organization


(b)
Primary activity


 		(c)
Legal domicile (state
or foreign country)

 		(d)
Exempt Code section


 		(e)
Public charity status
(if section 501(c)(3))

 		(f)
Direct controlling
entity

 		(g)
Section 512(b)(13) controlled entity?
Yes No
(1)ARCH DEVELOPMENT CORPORATION
5555 S WOODLAWN AVENUE

CHICAGO,IL60637
36-3485244 		TECH TRANSFER IL 501 (C) (3) LINE 11A, I UNIV OF CHICAGO
 
 
No
(2)ASIAN HEALTH COALITION
180 W WASHINGTON ST SUITE 1000

CHICAGO,IL60602
31-1607193 		HEALTHCARE ACCESSIBILITY IL 501 (C) (3) LINE 9 UNIV OF CHICAGO
 
 
No
(3)CHAPIN HALL CENTER FOR CHILDREN
1313 E 60TH STREET

CHICAGO,IL60637
36-2167012 		POLICY RESEARCH CENTER IL 501 (C) (3) LINE 7  
 
No
(4)CHICAGO TUMOR INSTITUTE
5801 S ELLIS AVENUE

CHICAGO,IL60637
23-7136019 		SUPP RESEARCH IL 501 (C) (3) LINE 11A, I UNIV OF CHICAGO
 
 
No
(5)COURT THEATRE FUND
5535 S ELLIS AVENUE

CHICAGO,IL60637
36-3203660 		SUPP THE ARTS IL 501 (C) (3) LINE 11A, I UNIV OF CHICAGO
 
 
No
(6)FERMI RESEARCH ALLIANCE LLC
PO BOX 500

BATAVIA,IL60510
57-1239010 		MANAGE LAB IL 501 (C) (3) LINE 7 N/A
 
No
(7)HYMEN MILGROM SUPPORTING ORGANIZATION
33 NLASALLE ST SUITE 2131

CHICAGO,IL60602
46-6789522 		SUPP EDUCATION RESEARCH VA 501 (C) (3)    
 
No
(8)LAKE PARK ASSOCIATES
5801 S ELLIS AVENUE

CHICAGO,IL60637
36-6111317 		PROPERTY HOLDING IL 501 (C) (2)   UNIV OF CHICAGO
 
 
No
(9)NATIONAL OPINION RESEARCH CENTER
55 E MONROE AVENUE

CHICAGO,IL60603
36-2167808 		SO SCI SURVEYS IL 501 (C) (3) LINE 7 N/A
 
No
(10)PHOENIX OVERLAY FUND LTD
401 N MICHIGAN AVE C/O INVST OFFICE

CHICAGO,IL60611
 INVESTING CJ     UNIV OF CHICAGO
 
 
No
(11)SOUTHEAST CHICAGO COMMISSION
1511 EAST 53RD STREET

CHICAGO,IL60615
36-2226282 		COMMUNITY SERVICES IL 501 (C) (3) LINE 7 UNIV OF CHICAGO
 
 
No
(12)THE JOHN CRERAR FOUNDATION
5730 S ELLIS AVENUE

CHICAGO,IL60637
36-3155157 		SUPPORT THE LIBRARY IL 501 (C) (3) LINE 11A, I  
 
No
(13)THE MARINE BIOLOGICAL LABORATORY
7 MBL STREET

WOODS HOLE,MA02543
04-2104690 		RESEARCH AND EDUCATION MA 501 (C) (3) LINE 7 UNIV OF CHICAGO
 
 
No
(14)THE QUADRANGLE CLUB
5801 S ELLIS AVENUE

CHICAGO,IL60637
36-1655190 		SOCIAL CLUB IL 501 (C) (7)   UNIV OF CHICAGO
 
 
No
(15)UCHICAGO RESEARCH BANGLADESH LTD
HSE 388 ROAD 24 NEW DOH
DHAKA    
BG
RESEARCH BG     UCHGO RSCH INTL
 
 
No
(16)UCHICAGO RESEARCH INTERNATIONAL LTD
5801 S ELLIS AVENUE

CHICAGO,IL60637
26-2741573 		RESEARCH IL 501 (C) (3) LINE 11A, I UNIV OF CHICAGO
 
 
No
(17)UNIV OF CHGO BOOTH SCHL OF BUSINESS
WOOLGATE EXCHANGE 25 BASINGHAL
LONDON    
UK
EDUCATION UK     UNIV OF CHICAGO
 
 
No
(18)UNIV OF CHGO BOOTH SCHL OF BUSINESS
101PENANG RD 238466
SINGAPORE    
SN
EDUCATION SN     UNIV OF CHICAGO
 
 
No
(19)UNIV OF CHGO FOUNDATION IN HONG KONG LTD
RM100 FAR EAST CTR C/O WM FAN CO
HONG KONG    
HK
FUNDRAISING HK     UNIV OF CHICAGO
 
 
No
(20)UNIV OF CHICAGO CHARTER SCHOOL CORP
5801 S ELLIS AVENUE

CHICAGO,IL60637
36-4225812 		EDUCATION IL 501 (C) (3) LINE 2 UNIV OF CHICAGO
 
 
No
(21)UNIVERSITY OF CHICAGO CANCER RESEARCH FUND
5801 S ELLIS AVENUE

CHICAGO,IL60637
36-6056201 		SUPP RESEARCH IL 501 (C) (3) LINE 11A, I UNIV OF CHICAGO
 
 
No
(22)UNIVERSITY OF CHICAGO CENTER IN PARIS
6 RUE THOMAS MANN 75013
PARIS    
FR
EDUCATION FR     UNIV OF CHICAGO
 
 
No
(23)UNIVERSITY OF CHICAGO CLOISTERS CLUB
1212 E 59TH STREET

CHICAGO,IL60637
 SOCIAL CLUB IL     UNIV OF CHICAGO
 
 
No
(24)UNIVERSITY OF CHICAGO MEDICAL CTR
5841 S MARYLAND AVENUE

CHICAGO,IL60637
36-3488183 		HOSPITAL IL 501 (C) (3) LINE 3 UNIV OF CHICAGO
 
 
No
(25)UNIVERSITY OF CHICAGO PROPERTY HOLDING CORP
5801 S ELLIS AVENUE

CHICAGO,IL60637
36-6108743 		PROPERTY HOLDING IL 501 (C) (2)   UNIV OF CHICAGO
 
 
No
(26)UNIVERSITY OF CHICAGO RETIREE MEDICAL TRUST
5801 S ELLIS AVENUE

CHICAGO,IL60637
36-3999692 		MEDICAL TRUST IL 501 (C) (3) LINE 11A, I UNIV OF CHICAGO
 
 
No
(27)UNIVERSITY OF CHICAGO SELF INSURANCE TRUST
5801 S ELLIS AVENUE

CHICAGO,IL60637
36-3020034 		MALPRACTICE TRUST IL 501 (C) (3) LINE 11A, I UNIV OF CHICAGO
 
 
No
(28)UNIVERSITY OF CHICAGO TRUST (INDIA)
GB10-12 CLAIRMONT APTS RST HSE
BANGALORE    
IN
FUNDRAISING IN     UNIV OF CHICAGO
 
 
No
For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 50135Y
Schedule R (Form 990) 2015
Schedule R (Form 990) 2015
Page 2
Part III
Identification of Related Organizations Taxable as a Partnership Complete if the organization answered "Yes" on Form 990, Part IV, line 34 because it had one or more related organizations treated as a partnership during the tax year.
(a)
Name, address, and EIN of
related organization



 		(b)
Primary activity




 		(c)
Legal
domicile
(state or foreign
country)


 		(d)
Direct controlling
entity



 		(e)
Predominant income(related, unrelated, excluded from tax under sections 512-514)

(f)
Share of total income




 		(g)
Share of end-of-year
assets



 		(h)
Disproprtionate allocations?




 		(i)
Code V-UBI
amount in box 20 of
Schedule K-1
(Form 1065)
 		(j)
General or
managing
partner?



 		(k)
Percentage
ownership
Yes No Yes No












Part IV
Identification of Related Organizations Taxable as a Corporation or Trust Complete if the organization answered "Yes" on Form 990, Part IV, line 34 because it had one or more related organizations treated as a corporation or trust during the tax year.
(a)
Name, address, and EIN of
related organization
 		(b)
Primary activity
 		(c)
Legal
domicile
(state or foreign
country)
 		(d)
Direct controlling
entity
 		(e)
Type of entity
(C corp, S corp,
or trust) 		(f)
Share of total income
 		(g)
Share of end-of-year
assets
 		(h)
Percentage
ownership
 		(i)
Section 512(b)(13) controlled entity?
Yes No
(1) UCHICAGO (BEIJING) CONSULTING COMPANY LTD CHINA

UNIT 1-10 CULTURE PL OF RENMIN UNI
BEIJING    
CH
CONSULTING CH UCHICAGO RESEARCH INTERNATIONAL
  		  2,289,383 3,121,650 100.000 %   No
(2) UCHICAGO CENTER IN INDIA PRIVATE LIMITED

UNIT 5-10 GRD FL DLF CAPITAL POINT
NEW DELHI    
IN
CONSULTING IN UNIVERSITY OF CHICAGO
  		  1,564,171 2,673,855 51.000 %   No
(3) CHARITABLE REMAINDER TRUSTS (81)

5801 S ELLIS AVENUE
CHICAGO,IL60637
 CHARITABLE RMDR TRUST IL UNIVERSITY OF CHICAGO
  		      94.000 %   No
(4) CHARITABLE LEAD TRUST (1)

5801 S ELLIS AVENUE
CHICAGO,IL60637
 CHARITABLE LEAD TRUST IL UNIVERSITY OF CHICAGO
  		      100.000 %   No
(5) POOLED INCOME FUND (1)

5801 S ELLIS AVENUE
CHICAGO,IL60637
 POOLED INCOME FUND IL UNIVERSITY OF CHICAGO
  		      100.000 %   No




Schedule R (Form 990) 2015
Schedule R (Form 990) 2015
Page 3
Part V
Transactions With Related Organizations Complete if the organization answered "Yes" on Form 990, Part IV, line 34, 35b, or 36.
Note. Complete line 1 if any entity is listed in Parts II, III, or IV of this schedule.
Yes
No
1 During the tax year, did the orgranization engage in any of the following transactions with one or more related organizations listed in Parts II-IV?
a Receipt of (i) interest, (ii) annuities, (iii) royalties, or (iv) rent from a controlled entity .....................
1a
Yes
 
b Gift, grant, or capital contribution to related organization(s) ............................
1b
Yes
 
c Gift, grant, or capital contribution from related organization(s) ............................
1c
Yes
 
d Loans or loan guarantees to or for related organization(s) ............................
1d
 
No
e Loans or loan guarantees by related organization(s) ............................
1e
 
No
f Dividends from related organization(s) ............................
1f
 
No
g Sale of assets to related organization(s) ............................
1g
 
No
h Purchase of assets from related organization(s) ............................
1h
 
No
i Exchange of assets with related organization(s) ............................
1i
 
No
j Lease of facilities, equipment, or other assets to related organization(s) .......................
1j
 
No
k Lease of facilities, equipment, or other assets from related organization(s) ......................
1k
 
No
l Performance of services or membership or fundraising solicitations for related organization(s) .....................
1l
 
No
m Performance of services or membership or fundraising solicitations by related organization(s) .................
1m
 
No
n Sharing of facilities, equipment, mailing lists, or other assets with related organization(s) ...................
1n
Yes
 
o Sharing of paid employees with related organization(s) ............................
1o
Yes
 
p Reimbursement paid to related organization(s) for expenses ............................
1p
Yes
 
q Reimbursement paid by related organization(s) for expenses ............................
1q
Yes
 
r Other transfer of cash or property to related organization(s) ............................
1r
Yes
 
s Other transfer of cash or property from related organization(s) ............................
1s
Yes
 
2
If the answer to any of the above is "Yes," see the instructions for information on who must complete this line, including covered relationships and transaction thresholds.
(a)
Name of related organization 		(b)
Transaction
type (a-s) 		(c)
Amount involved 		(d)
Method of determining amount involved
(1) UNIVERSITY OF CHICAGO MEDICAL CENTER

 A 26,094 CASH VALUE
(2) UNIVERSITY OF CHICAGO MEDICAL CENTER

 C 71,750,000 CASH VALUE
(3) UNIVERSITY OF CHICAGO MEDICAL CENTER

 N 12,690,838 CASH VALUE
(4) UNIVERSITY OF CHICAGO MEDICAL CENTER

 O 146,267,605 CASH VALUE
(5) UNIVERSITY OF CHICAGO MEDICAL CENTER

 P 308,737,866 CASH VALUE
(6) UNIVERSITY OF CHICAGO MEDICAL CENTER

 Q 108,973,774 CASH VALUE
(7) UNIVERSITY OF CHICAGO MEDICAL CENTER

 R 1,283,420,461 CASH VALUE
(8) UNIVERSITY OF CHICAGO MEDICAL CENTER

 S 1,288,306,527 CASH VALUE
(9) UNIVERSITY OF CHICAGO PROPERTY HOLDING CORPORATION

 O 75,056 CASH VALUE
(10) UNIVERSITY OF CHICAGO PROPERTY HOLDING CORPORATION

 S 358,266 CASH VALUE
(11) LAKE PARK ASSOCIATES

 A 12,601 CASH VALUE
(12) LAKE PARK ASSOCIATES

 B 2,004,707 CASH VALUE
(13) LAKE PARK ASSOCIATES

 Q 1,275,015 CASH VALUE
(14) LAKE PARK ASSOCIATES

 S 190,682 CASH VALUE
(15) UNIVERSITY OF CHICAGO CHARTER SCHOOL CORPORATION

 B 9,640,894 CASH VALUE
(16) UNIVERSITY OF CHICAGO CANCER RESEARCH FOUNDATION

 C 1,137,759 CASH VALUE
(17) UNIVERSITY OF CHICAGO CANCER RESEARCH FOUNDATION

 O 310,107 CASH VALUE
(18) UNIVERSITY OF CHICAGO CANCER RESEARCH FOUNDATION

 P 504,428 CASH VALUE
(19) UNIVERSITY OF CHICAGO SELF INSURANCE TRUST

 R 13,840,114 CASH VALUE
(20) UNIVERSITY OF CHICAGO RETIREE MEDICAL TRUST

 R 4,652,884 CASH VALUE
(21) NATIONAL OPINION RESEARCH CENTER

 A 885,982 CASH VALUE
(22) THE QUADRANGLE CLUB

 R 276,237 CASH VALUE
(23) THE QUADRANGLE CLUB

 S 304,560 CASH VALUE
(24) FERMI RESEARCH ALLIANCE LLC

 S 1,078,789 CASH VALUE
(25) UNIVERSITY OF CHICAGO CENTER IN PARIS

 R 1,687,771 CASH VALUE
(26) UNIVERSITY OF CHICAGO BOOTH SCHOOL OF BUSINESS LTD UK

 A 401,374 CASH VALUE
(27) UNIVERSITY OF CHICAGO BOOTH SCHOOL OF BUSINESS LTD UK

 N 1,232,938 CASH VALUE
(28) UNIVERSITY OF CHICAGO BOOTH SCHOOL OF BUSINESS LTD UK

 O 3,394,186 CASH VALUE
(29) UNIVERSITY OF CHICAGO BOOTH SCHOOL OF BUSINESS LTD UK

 P 453,807 CASH VALUE
(30) UNIVERSITY OF CHICAGO BOOTH SCHOOL OF BUSINESS LTD UK

 S 1,217,609 CASH VALUE
(31) UNIVERSITY OF CHICAGO BOOTH SCHOOL OF BUSINESS LTD SINGAPORE

 N 181,159 CASH VALUE
(32) UNIVERSITY OF CHICAGO BOOTH SCHOOL OF BUSINESS LTD SINGAPORE

 P 502,743 CASH VALUE
(33) UCHICAGO RESEARCH INTERNATIONAL LIMITED

 R 1,635,469 CASH VALUE
(34) UCHICAGO RESEARCH BANGLADESH LTD

 R 550,000 CASH VALUE
(35) UCHICAGO CENTER IN INDIA PRIVATE LIMITED

 R 4,763,982 CASH VALUE
(36) THE UNIVERSITY OF CHICAGO FOUNDATION IN HONG KONG LTD

 N 1,408,039 CASH VALUE
(37) THE UNIVERSITY OF CHICAGO FOUNDATION IN HONG KONG LTD

 O 2,990,410 CASH VALUE
(38) THE UNIVERSITY OF CHICAGO FOUNDATION IN HONG KONG LTD

 P 1,601,561 CASH VALUE
(39) THE UNIVERSITY OF CHICAGO FOUNDATION IN HONG KONG LTD

 R 365,277 CASH VALUE
(40) SOUTHEAST CHICAGO COMMISSION

 O 139,363 CASH VALUE
(41) SOUTHEAST CHICAGO COMMISSION

 P 206,667 CASH VALUE
(42) HYMEN MILGROM SUPPORTING ORGANIZATION

 C 900,054 CASH VALUE
(43) CHAPIN HALL CENTER FOR CHILDREN

 R 473,000 CASH VALUE
(44) JOHN CRERAR FOUNDATION

 C 25,000 CASH VALUE
(45) THE MARINE BIOLOGICAL LABORATORY

 R 9,009,667 CASH VALUE
Schedule R (Form 990) 2015
Schedule R (Form 990) 2015
Page 4
Part VI
Unrelated Organizations Taxable as a Partnership Complete if the organization answered "Yes" on Form 990, Part IV, line 37.
Provide the following information for each entity taxed as a partnership through which the organization conducted more than five percent of its activities (measured by total assets or gross revenue) that was not a related organization. See instructions regarding exclusion for certain investment partnerships.
(a)
Name, address, and EIN of entity 		(b)
Primary activity 		(c)
Legal domicile
(state or foreign
country) 		(d)
Predominant income (related, unrelated, excluded from tax under sections 512-514)

(e)
Are all partners
section
501(c)(3)
organizations? 		(f)
Share of total income




 		(g)
Share of
end-of-year
assets 		(h)
Disproprtionate allocations? 		(i)
Code V-UBI
amount in box 20
of Schedule K-1
(Form 1065) 		(j)
General or
managing
partner? 		(k)
Percentage
ownership
Yes No Yes No Yes No






























Schedule R (Form 990) 2015
Schedule R (Form 990) 2015
Page 5
Part VII
Supplemental Information
Provide additional information for responses to questions on Schedule R (see instructions).
Return Reference Explanation
PART I IDENTIFICATION OF DISREGARDED ENTITIES THEORY & COMPUTING SCIENCES BUILDING TRUST - THE UNIVERSITY IS THE 100% BENEFICIARY OF THE TRUST, BUT DOES NOT CONTROL THE TRUST. AS SUCH, THE INCOME AND ASSETS OF THE TRUST ARE NOT SHOWN ON THE UNIVERSITY'S AUDITED FINANCIAL STATEMENTS WHICH ARE THE BASIS FOR THE 990 PART VIII, LINE 12 AND PART X, LINE 16. THE END OF THE YEAR ASSET BALANCE IS $84,612,789 AND THE INCOME FOR THE PERIOD ENDING DECEMBER 31, 2015 IS $7,506,553. UCHICAGO ARGONNE LLC, A DISREGARDED ENTITY OF THE UNIVERSITY OF CHICAGO, MANAGES ARGONNE NATIONAL LABORATORY. UCHICAGO ARGONNE LLC EARNED A MANAGEMENT FEE OF $3,676,877 FOR THE TAX YEAR. THE TOTAL EXPENDITURES AT ARGONNE NATIONAL LABORATORY WERE APPROXIMATELY $731 MILLION FOR THE TAX YEAR. THE FUNDING AND THE EXPENDITURES OF ARGONNE HAVE BEEN INCLUDED IN PARTS III, VIII, AND IX OF THE FORM 990. FOR PURPOSES OF COMPLETENESS, PLEASE NOTE THE FOLLOWING: THE ENTITIES LISTED BELOW ARE DISREGARDED ENTITIES OF THE UNIVERSITY OF CHICAGO MEDICAL CENTER: UCMC COMMUNITY PHYSICIANS LLC, 5841 S. MARYLAND AVE., CHICAGO, IL 60637 EIN: 38-3865637 PRIMARY ACTIVITY: PHYSICIAN SERVICES LEGAL DOMICILE: ILLINOIS UNIVERSITY OF CHICAGO MEDICINE CARE NETWORK LLC, 5841 S. MARYLAND AVE., CHICAGO, IL 60637 EIN: 47-4222269 PRIMARY ACTIVITY: HEALTHCARE LEGAL DOMICILE: ILLINOIS ALSO NOTE: THE UNIVERSITY OF CHICAGO MEDICAL CENTER IS A LESS THAN 50% MEMBER IN A JOINT VENTURE WITH UCMC/SCH ONCOLOGY JV LLC, A TAX EXEMPT ENTITY, 1850 SILVER CROSS BLVD, NEW LENOX, IL 60451, EIN: 32-2436795 AND THE UNIVERSITY OF CHICAGO MEDICINE CARE NETWORK, LLC, A DISREGARDED ENTITY OF THE UNIVERSITY OF CHICAGO MEDICAL CENTER, IS THE SOLE MEMBER OF THE FOLLOWING RELATED ENTITIES: UCM CARE NETWORK MEDICAL GROUP INC. 5841 S. MARYLAND AVE., CHICAGO, IL 60637 EIN: 47-4221241 PRIMARY ACTIVITY: HEALTHCARE LEGAL DOMICILE: ILLINOIS UNIVERSITY OF CHICAGO MEDICINE CARE NETWORK AFFILIATED PHYSICIANS LLC, 5841 S. MARYLAND, CHICAGO, IL 60637, EIN: 47-4233918 PRIMARY ACTIVITY: HEALTHCARE LEGAL DOMICILE: ILLINOIS
Schedule R (Form 990) 2015

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