Attach to Form 990 or Form 990-EZ.
Information about Schedule A (Form 990 or 990-EZ) and its instructions is at www.irs.gov/form990.
| (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 | ||||||
Calendar year (or fiscal year beginning in) ![]() |
(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.) .... | 263,964,714 | 290,149,393 | 262,751,320 | 241,367,648 | 72,001,712 | 1,130,234,787 |
| 2 | Tax revenues levied for the organization's benefit and either paid to or expended on its behalf....... | 0 | 0 | 0 | 0 | 0 | 0 |
| 3 | The value of services or facilities furnished by a governmental unit to the organization without charge.. | 0 | 0 | 0 | 0 | 0 | 0 |
| 4 | Total. Add lines 1 through 3 | 263,964,714 | 290,149,393 | 262,751,320 | 241,367,648 | 72,001,712 | 1,130,234,787 |
| 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).. | 0 | |||||
| 6 | Public support. Subtract line 5 from line 4. | 1,130,234,787 | |||||
Calendar year
(or fiscal year beginning in) ![]() |
(a) 2011 | (b) 2012 | (c) 2013 | (d) 2014 | (e) 2015 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 7 | Amounts from line 4.. | 263,964,714 | 290,149,393 | 262,751,320 | 241,367,648 | 72,001,712 | 1,130,234,787 |
| 8 | Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources... | 21,976,784 | 23,079,620 | 28,840,436 | 21,134,773 | 25,996,040 | 121,027,653 |
| 9 | Net income from unrelated business activities, whether or not the business is regularly carried on.. | ||||||
| 10 | Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.).. | 1,207,043 | 1,231,184 | 1,361,495 | 1,175,238 | 2,715,601 | 7,690,561 |
| 11 | Total support. Add lines 7 through 10. | 1,258,953,001 | |||||
Calendar year (or fiscal year beginning in) ![]() |
(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.) | ||||||
Calendar year (or fiscal year beginning in) ![]() |
(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.).. | ||||||
| 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 | ||||
| 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) |
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|
6
Remaining underdistributions for 2015. Subtract lines 3h and 4b from line 1 (if amount greater than zero, see instructions) |
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|
7 Excess distributions carryover to 2016. Add lines 3j and 4c. |
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| 8 Breakdown of line 7: | ||||
| a | ||||
| b | ||||
| c Excess from 2013....... | ||||
| d From 2014....... | ||||
| e From 2015....... | ||||
| Facts And Circumstances Test |
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| Return Reference | Explanation |
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| Software ID: | |
| Software Version: |
| Return Reference | Explanation |
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| SCHEDULE E - PART I LINE 3 | THE UNIVERSITY'S WEBSITE, RECRUITMENT ADVERTISING AND HANDBOOK CONTAIN YESHIVA UNIVERSITY'S NON-DISCRIMINATION POLICY. |
| SCHEDULE E - PART I LINE 6A | YESHIVA UNIVERSITY RECEIVES FUNDS FROM THE NEW YORK STATE EDUCATION DEPARTMENT IN THE FORM OF GRANTS AND SCHOLARSHIPS, MOSTLY THROUGH THE TUITION ASSISTANCE PROGRAM TO PROVIDE FINANCIAL AID ASSISTANCE TO QUALIFYING STUDENTS AND RECEIVED BUNDY AID BASED ON DEGREES CONFERRED. FROM THE U.S. FEDERAL GOVERNMENT, YESHIVA RECEIVES AID THROUGH TITLE IV AND TITLE VII, INCLUDING PELL GRANTS, STAFFORD AND PLUS LOANS, SEOG, WORK STUDY, AND PERKINS AND HEALTH PROFESSION STUDENT LOAN PROGRAMS. FUNDS ARE USED 100% FOR FINANCIAL ASSISTANCE BY THE ELIGIBLE STUDENTS. |
| Software ID: | |
| Software Version: |
Attach to Form 990 or 990-EZ.
Information about Schedule O (Form 990 or 990-EZ) and its instructions is at| Return Reference | Explanation |
|---|---|
| CORE FORM 990, PART I, LINE 6 - VOLUNTEERS | IN ADDITION TO THE BOARD MEMBERS WHO SERVE WITHOUT COMPENSATION, THE UNIVERSITY UTILIZES MANY VOLUNTEERS IN THE CONDUCT OF ITS ACTIVITIES. HOWEVER, IT DOES NOT TRACK THE NUMBER OF THESE ADDITIONAL VOLUNTEERS. |
| CORE FORM 990, PART III, LINE 1 AND LINE 3 | LINE 1 - ORGANIZATION MISSION AT YESHIVA UNIVERSITY, OUR MISSION, TORAH UMADDA, IS TO BRING WISDOM TO LIFE THROUGH ALL THAT WE TEACH, BY ALL THAT WE DO AND FOR ALL THOSE WE SERVE. OUR STUDENTS LEARN AND GO FORTH, AS BOTH EDUCATED AND ETHICAL PEOPLE, TO SHARE THEIR OWN SPECIAL TALENTS AND WISDOM WITH SOCIETY. OUR FACULTY'S RESEARCH, ACADEMIC WORK AND SCHOLARLY WRITINGS HELP BRING WISDOM TO MANY OF THE MOST PRESSING SOCIAL, POLITICAL, MEDICAL, LEGAL AND HUMAN RIGHTS ISSUES FACING THE WORLD TODAY. OUR UNIVERSITY SERVES AS A PLATFORM TO BRING YESHIVA'S COLLECTIVE WISDOM TO THE WORLD THROUGH OUR COMMUNITY OUTREACH, PUBLICATIONS, SEMINARS AND BROAD RANGE OF ACADEMIC PROGRAMS. FOR UNDERGRADUATE STUDENTS: WE BRING WISDOM TO LIFE BY COMBINING THE FINEST CONTEMPORARY ACADEMIC EDUCATION WITH THE TIMELESS TEACHINGS OF TORAH. IT IS YESHIVA'S UNIQUE DUAL CURRICULUM, WHICH TEACHES KNOWLEDGE ENLIGHTENED BY VALUES THAT HELPS OUR STUDENTS GAIN THE WISDOM TO MAKE THEIR LIVES BOTH A SECULAR AND SPIRITUAL SUCCESS. FOR GRADUATE STUDENTS: YESHIVA BRINGS WISDOM TO LIFE BY NOT ONLY TEACHING THE KNOWLEDGE AND SKILLS TO BE HIGHLY ACCOMPLISHED SCHOLARS AND PROFESSIONALS, BUT BY TEACHING THE ETHICAL AND MORAL VALUES THAT WILL MAKE THEM TRULY ADMIRABLE PEOPLE. IT IS OUR DUAL EMPHASIS ON PROFESSIONAL EXCELLENCE AND PERSONAL ETHICS THAT GIVES OUR GRADUATE STUDENTS THE WISDOM TO SUCCEED IN BOTH THEIR PROFESSIONS AND THEIR LIVES. FOR FACULTY: YESHIVA HELPS OUR PROFESSORS BRING THEIR OWN WISDOM TO LIFE BY PROVIDING THE ENCOURAGEMENT, RESOURCES AND INTELLECTUAL FREEDOM TO PURSUE THEIR OWN ACADEMIC IDEALS. AND THEY, IN TURN, SHARE THEIR WISDOM WITH OUR STUDENTS, OUR SOCIETY AND THE WORLD AT LARGE. FOR ALUMNI AND SUPPORTERS: TO BRING WISDOM TO LIFE IS YESHIVA'S SERVICE TO HUMANITY AND A WORTHY MISSION SHARED IN SPIRIT AND PRACTICE BY ALL ASSOCIATED WITH THE UNIVERSITY. FOR THE JEWISH COMMUNITY: IN AMERICA, ISRAEL AND AROUND THE WORLD, OUR MISSION TO BRING WISDOM TO LIFE WILL FOSTER GREATER UNDERSTANDING AND APPRECIATION OF THE HERITAGE, TRADITIONS AND VALUES WE ALL HOLD SO DEAR. FOR SOCIETY AND THE WORLD: YESHIVA UNIVERSITY SERVES AS A WELLSPRING OF WISDOM. AT YESHIVA UNIVERSITY, TEACHING THE KNOWLEDGE AND VALUES THAT BRING WISDOM TO LIFE IS NOT ONLY OUR MISSION, IT IS OUR PROUD TRADITION. LINE 3 - SIGNIFICANT CHANGE IN PROGRAM SERVICE SEE SCHEDULE N FOR DETAILED DISCUSSION OF THE TRANSFER OF THE NET ASSETS OF THE ALBERT EINSTEIN COLLEGE OF MEDICINE DIVISION. |
| CORE FORM 990, PART III, LINE 4 - PROGRAM SERVICES | FOUNDED IN THE LATE 19TH CENTURY, YESHIVA UNIVERSITY (YU) IS THE COUNTRY'S OLDEST AND MOST COMPREHENSIVE INSTITUTION COMBINING JEWISH SCHOLARSHIP WITH ACADEMIC EXCELLENCE AND ACHIEVEMENT IN THE LIBERAL ARTS AND SCIENCES, MEDICINE, LAW, BUSINESS, SOCIAL WORK, PSYCHOLOGY, JEWISH STUDIES, EDUCATION AND RESEARCH. YU REFLECTS A CENTURIES-OLD COMMITMENT TO THE ADVANCEMENT OF HUMAN KNOWLEDGE AND ETHICS. YU BRINGS TOGETHER THE HERITAGE OF WESTERN CIVILIZATION AND THE ANCIENT TRADITIONS OF JEWISH LAW AND LIFE. SINCE ITS INCEPTION, YU HAS BEEN DEDICATED TO MELDING THE ANCIENT TRADITIONS OF JEWISH LAW AND LIFE WITH THE HERITAGE OF WESTERN CIVILIZATION, AND EACH YEAR WE CELEBRATE AS FUTURE LEADERS MAKE YU THEIR HOME. MORE THAN 6,500 UNDERGRADUATE AND GRADUATE STUDENTS STUDY AT YU'S FOUR NEW YORK CITY CAMPUSES: THE WILF CAMPUS; ISRAEL HENRY BEREN CAMPUS; BROOKDALE CENTER; THE JACK AND PEARL RESNICK CAMPUS; AND IN ISRAEL. YU CURRENTLY ENROLLS MORE THAN 2,900 UNDERGRADUATES AT YESHIVA COLLEGE, STERN COLLEGE FOR WOMEN, THE SY SYMS SCHOOL OF BUSINESS, AND IN THE S. DANIEL ABRAHAM PROGRAM IN ISRAEL. THESE SCHOOLS COMBINE RIGOROUS ACADEMICS, UNPARALLELED JEWISH STUDIES AND A NURTURING JEWISH ENVIRONMENT. HONORS AND LEADERSHIP PROGRAMS STRESS THE INTELLECTUAL DEVELOPMENT AND CULTURAL ENRICHMENT OF OUTSTANDING STUDENTS, AND THERE ARE MANY OPPORTUNITIES FOR INTERNSHIPS AND RESEARCH. JOINT AND COMBINED PROGRAMS OFFER ADVANCED DEGREES IN ENGINEERING, OCCUPATIONAL AND PHYSICAL THERAPY, JEWISH EDUCATION, JEWISH STUDIES, OPTOMETRY, PODIATRY, NURSING, PHYSICIAN ASSISTANT STUDIES, AND TEACHING MATH AND SCIENCE. ABOUT 95 PERCENT OF FULL-TIME UNDERGRADUATE FACULTY HOLD DOCTORATES OR THE HIGHEST DEGREE WITHIN THEIR FIELDS. SMALL CLASSES ENCOURAGE INTELLECTUAL INTIMACY AND CREATIVITY. DISTINGUISHED SCHOLARS, AUTHORS, ARTISTS, PUBLIC OFFICIALS AND BUSINESS LEADERS INTERACT WITH STUDENTS IN A VARIETY OF VENUES. ALL YU UNDERGRADUATES PURSUE A DUAL PROGRAM OF TORAH STUDIES AND COLLEGE ACADEMIC STUDIES. CLASSES AT ALL LEVELS ARE OFFERED IN TALMUD, BIBLE, HEBREW, JEWISH HISTORY, JEWISH PHILOSOPHY AND ETHICS AND HALACHA. FORMAL CLASSROOM AND BEIT MEDRASH STUDIES ARE AUGMENTED WITH SPECIAL PROGRAMS, OPTIONAL DAY AND NIGHT STUDY GROUPS AND MENTORS, ALONG WITH COUNSELING AND GUIDANCE PROGRAMS FOCUSED ON GROWTH AND DEVELOPMENT. THE UNDERGRADUATE MEN SELECT FROM SEVERAL JEWISH STUDIES OPTIONS; THE YESHIVA PROGRAM/MAZER SCHOOL OF TALMUDIC STUDIES, THE ISAAC BREUER COLLEGE OF HEBRAIC STUDIES, THE IRVING STONE BET MEDRASH PROGRAM AND THE JAMES STRIAR SCHOOL OF GENERAL JEWISH STUDIES. THE UNDERGRADUATE WOMEN LEARN AT THE REBECCA IVRY DEPARTMENT OF JEWISH STUDIES,OFFERING A COMPREHENSIVE CURRICULUM OF COURSES TO MATCH THE STUDENTS DIVERSE BACKGROUNDS. FOR MANY STUDENTS, THE S. DANIEL ABRAHAM ISRAEL PROGRAM IS AN UNFORGETTABLE AND LIFE CHANGING UNDERGRADUATE EXPERIENCE. AN ARRANGEMENT BETWEEN YESHIVA UNIVERSITY AND 41 YESHIVOT AND SEMINARIES IN ISRAEL, THE PROGRAM PROVIDES SUPPORT FOR APPROXIMATELY 800 YOUNG MEN AND WOMEN, ENABLING THEM TO INCORPORATE THEIR STUDIES IN ISRAEL INTO THEIR COLLEGE YEARS. ISRAEL'S LEADING EDUCATORS TEACH AN INTENSE PROGRAM OF JEWISH SUBJECTS AND THE EXPERIENCE INCREASES PROFICIENCY IN HEBREW AND ENABLES STUDENTS TO LEARN FIRST HAND ABOUT ISRAEL'S LAND, PEOPLE, HISTORY AND CULTURE. YU ISRAEL REPRESENTATIVES VISIT SCHOOLS TO OFFER ACADEMIC GUIDANCE AND CAREER PLANNING ADVICE AND STUDENTS HAVE THE OPPORTUNITY TO MEET YU ROSHEI YESHIVA (PROFESSORS OF TALMUD AND TORAH), ADMINISTRATORS AND FACULTY. YU IS ALSO AFFILIATED WITH ONE OF THE NATION'S TOP MEDICAL SCHOOLS (SEE SCHEDULE N) AND IS HOME TO ONE OF THE FINEST LAW SCHOOLS ESTABLISHED IN THE PAST 30 YEARS, AS WELL AS HIGHLY REGARDED GRADUATE SCHOOLS OF SOCIAL WORK, PSYCHOLOGY, JEWISH STUDIES, AND JEWISH EDUCATION AND ADMINISTRATION. CONSTANT INNOVATIONS CREATE INTERDISCIPLINARY OPPORTUNITIES IN EMERGING FIELDS, SUCH AS HEALTH PSYCHOLOGY, NUCLEAR MEDICINE, AND BIOMEDICAL ETHICS. THE UNEQUALED RESOURCES OF NEW YORK CITY ENABLE YESHIVA TO MAKE PIONEERING ADVANCES AND PARTNERSHIPS IN CONJUNCTION WITH LEADING EDUCATIONAL, CULTURAL, HEALTH AND SOCIAL SERVICE INSTITUTIONS. ITS GRADUATE SCHOOLS INCLUDE THE BENJAMIN N. CARDOZO SCHOOL OF LAW, WURZWEILER SCHOOL OF SOCIAL WORK, FERKAUF GRADUATE SCHOOL OF PSYCHOLOGY, AZRIELI GRADUATE SCHOOL OF JEWISH EDUCATION AND ADMINISTRATION, BERNARD REVEL GRADUATE SCHOOL OF JEWISH STUDIES, THE SY SYMS SCHOOL OF BUSINESS, GRADUATE PROGRAMS IN ARTS AND SCIENCES, THE MASTERS OF ARTS PROGRAM IN BIBLICAL AND TALMUDIC INTERPRETATION AT STERN COLLEGE FOR WOMEN AND THE MORDECHAI D. KATZ AND MONIQUE C. KATZ SCHOOL OF GRADUATE AND PROFESSIONAL STUDIES. YESHIVA IS ALSO AFFILIATED WITH THE ALBERT EINSTEIN COLLEGE OF MEDICINE, THE RABBI ISAAC ELCHANAN THEOLOGICAL SEMINARY AND THE PHIL AND SARH BELZ SCHOOL OF JEWISH MUSIC. YESHIVA UNIVERSITY HAS MORE THAN 70,000 ALUMNI, MANY OF WHOM ARE LEADERS IN THE JEWISH COMMUNITY, THEIR PROFESSIONS, AND IN LOCAL COMMUNITIES IN THE U.S., ISRAEL AND AROUND THE WORLD. FOUNDED IN 1953 AS THE FIRST MEDICAL SCHOOL IN THE UNITED STATES UNDER JEWISH AUSPICES AND DESCRIBED BY ALBERT EINSTEIN AS "THE GREATEST CONTRIBUTION THE JEWISH COMMUNITY HAS UNDERTAKEN FOR THE COMMONWEALTH OF THE AMERICAN PEOPLE", THE ALBERT EINSTEIN COLLEGE OF MEDICINE IS A PREMIER, RESEARCH-INTENSIVE MEDICAL SCHOOL DEDICATED TO INNOVATIVE BIOMEDICAL INVESTIGATION AND TO THE DEVELOPMENT OF ETHICAL AND COMPASSIONATE PHYSICIANS AND SCIENTISTS. INSPIRED BY THE WORDS OF ITS NAMESAKE, EINSTEIN, FROM IT SINCEPTION, WELCOMED STUDENTS, FACULTY AND STAFF FROM DIVERSE BACKGROUNDS WHO STRIVE TO ENHANCE HUMAN HEALTH IN THE COMMUNITY AND BEYOND. AT THE CORE OF EINSTEIN'S MISSION IS THE PURSUIT OF SOCIAL JUSTICE IN MEETING THE HEALTHCARE NEEDS OF ALL INDIVIDUALS, INCLUDING THOSE FROM UNDERSERVED COMMUNITIES. LOCATED IN A RESIDENTIAL COMMUNITY IN THE NORTHEAST BRONX, EINSTEIN IS THE AFFILIATED MEDICAL SCHOOL FOR SEVERAL OF THE LEADING HOSPITALS IN NEW YORK, INCLUDING MONTEFIORE MEDICAL CENTER. THROUGH ITS AFFILIATION WITH THE ALBERT EINSTEIN COLLEGE OF MEDICINE (SEE SCHEDULE N), YESHIVA AWARDS THE DOCTOR OF MEDICINE DEGREE AS WELL AS THE PHD, COMBINED MD/PHD AND MS DEGREES. EINSTEIN ALSO SPONSORS ONE OF THE LARGEST POSTGRADUATE CLINICAL TRAINING PROGRAMS IN THE UNITED STATES. DURING THE 2016 ACADEMIC YEAR, EINSTEIN IS HOME TO 717 MD STUDENTS, 166 PHD STUDENTS, 103 STUDENTS IN THE COMBINED MD/PHD PROGRAM AND 278 POST-DOCTORAL RESEARCH FELLOWS. MORE THAN 9,000 EINSTEIN ALUMNI ARE AMONG THE NATION'S FOREMOST CLINICIANS, BIOMEDICAL SCIENTISTS AND MEDICAL EDUCATORS. A FULL TIME FACULTY OF MORE THAN 1,900 TEACHES AND DELIVERS HEALTHCARE AND CONDUCTS STUDIES IN EVERY MAJOR MEDICAL SPECIALTY AND AREA OF BIOMEDICAL RESEARCH. EINSTEIN FACULTY RECEIVES MORE THAN $160M ANNUALLY IN RESEARCH GRANTS FROM THE NATIONAL INSTITUTES OF HEALTH (NIH). THE NIH ALSO FUNDS MAJOR RESEARCH CENTERS AT EINSTEIN IN AGING, INTELLECTUAL DEVELOPMENT DISORDERS, DIABETES, CANCER, CLINICAL AND TRANSLATIONAL RESEARCH, LIVER DISEASE AND AIDS. OTHER AREAS OF FOCUS INCLUDE DEVELOPMENTAL BRAIN RESEARCH, NEUROSCIENCE, CARDIAC DISEASE, AND INITIATIVES TO REDUCE AND ELIMINATE ETHNIC AND RACIAL HEALTH DISPARITIES. YU'S BENJAMIN N. CARDOZO SCHOOL OF LAW BALANCES RIGOROUS LEGAL SCHOLARSHIP AND RESEARCH WITH ONE OF THE LARGEST FIELD PLACEMENT PROGRAMS IN THE NATION. IT AWARDS THE JURIS DOCTOR DEGREE AND LLM DEGREES WITH CONCENTRATIONS IN INTELLECTUAL PROPERTY, GENERAL STUDIES, COMPARATIVE LEGAL THOUGHT AND ALTERNATIVE DISPUTE RESOLUTION AND ADVOCACY AND THE JSD DEGREE. AREAS OF STRENGTH INCLUDE CONSTITUTIONAL LAW, CORPORATE LAW, CRIMINAL LAW AND LEGAL THEORY AND JURISPRUDENCE. |
| PROGRAM SERVICES (CONT'D) | THE CARDOZO FACULTY IS KNOWN FOR ITS SCHOLARSHIP AND COMMITMENT TO TEACHING. CARDOZO IS CONSISTENTLY RANKED IN THE TOP 30 LAW SCHOOLS FOR SCHOLARLY IMPACT. AREAS OF STRENGTH INCLUDE CONSTITIONAL LAW, CORPORATE LAW, CRIMINAL LAW, LEGAL THEORY AND JURISPRUDENCE. THE SCHOOL HOUSES DOZENS OF CLINICS, INCLUDING THE INNOCENCE PROJECT, THE INDIE FILM CLINIC AND THE TECH START-UP CLINIC. COMMITTED TO PUBLIC SERVICE, THE SCHOOL OFFERS MORE THAN 20 INITIATIVES UNDER THE CENTER FOR RIGHTS AND JUSTICE. THE AZRIELI GRADUATE SCHOOL OF JEWISH EDUCATION AND ADMINISTRATION IS THE PREMIER INTERNATIONAL CENTER FOR ASPIRING JEWISH EDUCATORS, EDUCATIONAL LEADERS AND ADMINISTRATORS OFFERING AN INTERNATIONALLY RECOGNIZED FACULTY, INNOVATIVE COURSEWORK, COLLABORATIVE RESEARCH, INTENSIVE FIELD EXPERIENCE AND PROFESSIONAL MENTORING. THE SCHOOL AWARDS THE MASTER OF SCIENCE DEGREE IN JEWISH EDUCATION AND OFFERS A FULLY ONLINE PROGRAM. STUDENTS MAY ALSO PURSUE A DUAL MASTERS DEGREE FROM AZRIELI AND THE BERNARD REVEL GRADUATE SCHOOL OF JEWISH STUDIES. THROUGH ITS FANYA GOTTESFELD HELLER DIVISION OF DOCTORAL STUDIES, AZRIELI ALSO OFFERS THE EXECUTIVE DOCTORATE OF JEWISH EDUCATIONAL INNOVATION AND LEADERSHIP. AZRIELI ALUMNI SERVE AT THE HELM OF SCHOOLS, EDUCATIONAL AGENCIES, UNIVERSITIES AND COMMUNAL INSTITUTIONS ALL OVER THE WORLD. THE BERNARD REVEL GRADUATE SCHOOL OF JEWISH STUDIES, NAMED AFTER THE FIRST PRESIDENT OF YU, EDUCATES TEACHERS, RESEARCHERS AND SCHOLARS IN JEWISH STUDIES AS WELL AS RABBIS, COMMUNAL PROFESSIONALS AND ANYONE WILLING TO ENRICH HIS OR HER KNOWLEDGE OF JUDAISM. IT OFFERS PROGRAMS LEADING TO THE MA AND PHD DEGREES WITH CONCENTRATIONS IN BIBLE, TALMUDIC STUDIES, ANCIENT JEWISH HISTORY, MEDIEVAL JEWISH HISTORY, MODERN JEWISH HISTORY, AND JEWISH PHILOSOPHY AND MYSTICISM. IT HAS A WORLD CLASS FACULTY OF EXPERTS IN THESE FIELDS AND A STUDENT BODY WHOSE ABILITY TO DEAL WITH CLASSICAL JEWISH TEXTS IS UNPARALLELED. THE FERKAUF GRADUATE SCHOOL OF PSYCHOLOGY TRAINS HIGHLY QUALIFIED PSYCHOLOGISTS AND RESEARCHERS IN THE FIELDS OF CLINICAL PSYCHOLOGY, SCHOOL-CLINICAL CHILD PSYCHOLOGY, CLINICAL HEALTH PSYCHOLOGY AND MENTAL HEALTH COUNSELING. COLLABORATIONS WITH SCHOOLS, CLINICS, MENTAL HEALTH INSTITUTIONS AND MEDICAL CENTERS ALLOWS FOR A MYRIAD OF OPPORTUNITIES FOR FIELD PLACEMENTS, EXTERNSHIPS AND INTERNSHIPS. FERKAUF GRANTS AN MA IN MENTAL HEALTH COUNSELING, A PSYD IN CLINICAL AND SCHOOL-CLINICAL CHILD PSYCHOLOGY AND A PHD IN CLINICAL HEALTH PSYCHOLOGY. FERKAUF'S PROGRAMS INCLUDE THE ROSE F. KENNEDY CENTER FOR RESEARCH IN MENTAL RETARDATION AND DEVELOPMENTAL DISABILITIES, WHICH PROVIDES INTERDISCIPLINARY TRAINING, THE LEONARD AND MURIAL MARCUS FAMILY PROJECT FOR THE STUDY OF THE DISTURBED ADOLESCENT, WHICH SUPPORTS FELLOWSHIPS AND RESEARCH, THE MAX AND CELIA PARNES FAMILY PSYCHOLOGICAL AND PSYCHO-EDUCATIONAL SERVICES CLINIC, WHICH PROVIDES A WIDE RANGE OF ASSESSMENT AND THERAPEUTIC SERVICES FOR NEIGHBORING COMMUNITIES AND THE BEKER FAMILY PROJECT WHICH TRAINS SCHOOL PSYCHOLOGISTS TO WORK WITHIN HEBREW DAY SCHOOLS AND OTHER PRIVATE SCHOOLS TO DEVELOP STATE OF THE ART SCHOOL PSYCHOLOGICAL AND PSYCHO-EDUCATIONAL SERVICES FOR CHILDREN, TEACHERS AND FAMILIES. THE WURZWEILER SCHOOL OF SOCIAL WORK GRANTS THE MSW DEGREE, THE PHD IN SOCIAL WELFARE AND CERTIFICATES IN JEWISH COMMUNAL SERVICE, CHILD WELFARE PRACTICE, SOCIAL WORK PRACTICE WITH THE MILITARY, JEWISH PHILANTHROPY AND GERONTOLOGY. IT OFFERS CONCENTRATIONS IN CLINICAL PRACTICE WITH INDIVIDUALS AND FAMILIES, SOCIAL GROUP WORK, AND COMMUNITY PRACTICE. WURZWEILER GRADUATES COMPRISE A NETWORK OF MORE THAN 7,000 LOCAL, NATIONAL AND INTERNATIONAL SERVICE PROVIDERS, LEADERS AND EDUCATORS. FIELDWORK IS AN INTEGRAL PART OF THE WURZWEILER EXPERIENCE. AFFILIATED AGENCIES ARE SELECTED FOR THEIR EXPERTISE, DIVERSITY, QUALITY OF SERVICE TO THE COMMUNITY AND OPPORTUNITIES FOR LEARNING. TOPICS SUCH AS EVIDENCE-BASED PRACTICE, HEALTHY AGING, TRAUMA AND INTERPERSONAL VIOLENCE, WORKING WITH THE MILITARY, COPING WITH LOSS, CHILD WELFARE, PALLIATIVE CARE AND SUBSTANCE ABUSE INFORM WURZWEILER'S NATIONALLY ACCREDITED CURRICULUM. WURZWEILER'S INTERNATIONALLY RECOGNIZED FACULTY IS COMMITTED TO EXCELLENCE IN TEACHING AND CONTRIBUTING TO THE BODY OF KNOWLEDGE IN PRACTICE RESEARCH. FIELDWORK IS AN INTEGRAL PART OF THE WURZWEILER EXPERIENCE. STERN COLLEGE FOR WOMEN OFFERS A MASTER OF ARTS PROGRAM IN BIBLICAL AND TALMUDIC INTERPRETATION, WHICH IS OPEN TO STUDENTS WITH EXTENSIVE BACKGROUNDS IN ADVANCED JEWISH STUDIES. ADVANCED STUDENTS MAY CHOOSE TO STUDY IN THE FULL DAY TRADITIONAL BEIT MIDRASH ENVIRONMENT AS MEMBERS OF THE STERN COLLEGE GRADUATE PROGRAM IN ADVANCED TALMUDIC STUDIES. THE GRADUATE PROGRAM IN ARTS AND SCIENCES INCLUDES THE MASTER OF SCIENCE IN QUANTITATIVE ECONOMICS(MQE), WHICH TRAINS STUDENTS FOR ANALYTICAL OR RESEARCH BASED CAREERS IN ECOMICS AND FINANCE, AS WELL AS AN MA IN MATHEMATICS AND A PHD IN MATHEMATICAL SCIENCE DESIGNED TO PRODUCE SPECIALISTS FOR ACADEMIA AND INDUSTRY AND TOO SUPPORT STRONG UNDERGRADUATE PROGRAMS. THE SY SYMS SCHOOL OF BUSINESS OFFERS A MASTERS OF SCIENCE PROGRAM IN ACCOUNTING AND AN EXECUTIVE MBA PROGRAM THAT PROVIDES STUDENTS WITH STATE OF THE ART BUSINESS KNOWLEDGE IN THE CONTEXT OF THE HIGHEST ETHICAL IDEALS. THE MORDECHAI D. AND MONIQUE C. KATZ SCHOOL OF GRADUATE AND PROFESSIONAL STUDIES OFFERS EXPANDED OPPORTUNITIES FOR STUDENTS OF ALL AGES TO FURTHER THEIR CAREERS AND PASSION. THE KATZ SCHOOL IS COMMITTED TO DELIVERING A WORLD CLASS EDUCATION IN EMERGING AND EXPANDED DISCIPLINES AND TO CONNECTING STUDENTS WITH THE THOUGHT LEADERS AND EMPLOYERS IN NEW YORK CITY. KATZ'S PROGRAMS WILL FOCUS ON APPLIED SCIENCES AND MATHEMATICS, TECHNOLOGY DATA AND DESIGN, HEALTH SCIENCES AND THOSE EMERGING AND EXPANDING PROFESSIONS THAT ARE BEING TRANSFORMED BY TECHNOLOGY INNOVATIONS. MASTERS PROGRAMS ARE AVAILABLE IN MARKETING, QUALITATIVE ECONOMICS, AND MATHEMATICS AND SPEECH LANGUAGE PATHOLOGY. YU'S NETWORK OF LIBRARIES PROVIDES ACCESS TO ACADEMIC AND CULTURAL RESOURCES IN PRINT, DIGITAL AND OTHER FORMATS. COLLECTIONS SPAN THE DISCIPLINES FROM BIOMEDICAL SCIENCES, SOCIAL SCIENCES, BUSINESS, AND LAW TO LITERATURE, LANGUAGES AND THE ARTS. SPECIAL COLLECTIONS INCLUDE JUDAIC RARE BOOKS AND MANUSCRIPTS, SEPHARDIC PUBLICATIONS AND EXTENSIVE ARCHIVAL RECORDS DOCUMENTING THE JEWISH EXPERIENCE OF THE PAST CENTURY. YU'S MUSEUM IS A CREATIVE AND VITAL PRESENCE IN THE INTELLECTUAL AND EDUCATIONAL LIFE OF YU AND THE GENERAL COMMUNITY. THE MUSEUM PRESENTS INNOVATIVE EXHIBITIONS AND PROGRAMS ON THE JEWISH ART AND CULTURE IN A HISTORICAL AND CONTEMPORARY CONTEXT. SEE SCHEDULE D, SUPPLEMENTAL INFORMATION FOR A MORE DETAILED DISCUSSION OF THE YU LIBRARY AND MUSEUM'S COLLECTIONS. |
| PROGRAM SERVICES (CONT'D) | THE MUSEUM'S COLLECTION OF MORE THAN 10,000 ARTIFACTS, EXHIBITIONS, INSTALLATIONS AND PROGRAMS PROVIDE A WINDOW INTO JEWISH CULTURE AROUND THE WORLD AND THROUGHOUT HISTORY. SCHOOL GROUPS FROM ACROSS THE NEW YORK METROPOLITAN AREA VISIT THE MUSEUM TO TOUR THE EXHIBITIONS AND PARTICIPATE IN WORKSHOPS AND EDUCATIONAL PROGRAMS. THE MUSEUM SERVES AS A RESOURCE FOR EDUCATORS NATIONWIDE. AS A RESOURCE FOR SCHOLARLY RESEARCH, THE MUSEUM'S EXHIBITIONS AND PROGRAMS PROVIDE UNIQUE OPPORTUNITIES TO EXAMINE, COMPARE AND RESEARCH OBJECTS, IDEAS AND TECHNIQUES. THE MUSEUM PARTNERS WITH YU FACULTY TO PROVIDE A WIDE RANGE OF PROGRAMS OPEN TO THE PUBLIC. AS A TEACHING MUSEUM, IT IS COMMITTED TO PROVIDING CREATIVE LEARNING OPPORTUNITIES. IN ORDER TO FOSTER INTELLECTUAL EXCHANGE BOTH WITHIN YU, THE BROADER ACADEMIC COMMUNITY AND WITH THE GENERAL COMMUNITY, YU CREATED THE FOLLOWING CENTERS/INSTITUTES: THE CENTER FOR THE JEWISH FUTURE; THE RABBI ARTHUR SCHNEIER CENTER FOR INTERNATIONAL AFFAIRS; THE CENTER FOR ISRAEL STUDIES; THE CENTER FOR JEWISH LAW AND CONTEMPORARY CIVILIZATION; AND THE ZAHAVA AND MOSHAEL STRAUSS CENTER FOR TORAH AND WESTERN THOUGHT. THE CENTER FOR THE JEWISH FUTURE (CJF) AIMS TO SHAPE, ENRICH AND INSPIRE THE CONTEMPORARY JEWISH COMMUNITY. INFUSING STUDENTS WITH A SPIRIT OF LEADERSHIP AND RESPONSIBILITY TO KLAL YISRAEL (PEOPLE OF ISRAEL) AND SOCIETY; THE CJF BUILDS, CULTIVATES AND SUPPORTS COMMUNITIES AND THEIR LAY LEADERS AND RABBINIC LEADERSHIP. THE CJF HAS DEVELOPED A WIDE VARIETY OF INITIATIVES TO FURTHER THE UNIQUE VALUES OF YU. A WEB SITE DEVOTED TO TORAH LEARNING, YUTORAH.ORG AND TORAH-TO-GO SERIES, MAKES THE LECTURES OF YU'S ROSHEI YESHIVA (PROFESSORS OF TALMUD) AND OTHER TORAH PERSONALITIES WIDELY AVAILABLE. A SUNDAY MORNING TORAH LEARNING PROGRAM BRINGS HUNDREDS OF MEN AND WOMEN FOR SHIURIM (LECTURES). THE CENTER FOR ISRAEL STUDIES NURTURES SCHOLARSHIP AND THE TEACHING OF ISRAEL FROM BIBLICAL TIMES TO THE PRESENT, WITH PARTICULAR FOCUS UPON THE MODERN STATE. THE CENTER UNITES YU'S ACADEMIC AND PROFESSIONAL STRENGTHS AND RESOURCES AS IT SEEKS TO CREATE AN INTERNATIONAL FORUM ON ISRAEL. THE CENTER SUPPORTS CURRICULUM DEVELOPMENT, RESEARCH, CONFERENCES, PUBLICATIONS, MUSEUM EXHIBITIONS AND PUBLIC PROGRAMS. THE CENTER FOR JEWISH LAW AND CONTEMPORARY CIVILIZATION ENRICHES JEWISH STUDIES, THE LEGAL ACADEMY AND CONTEMPORARY CIVILIZATION BY CREATING AND SUSTAINING A DIVERSE AND COLLABORATIVE INTELLECTUAL COMMUNITY THAT RE-EXAMINES AND RECONSIDERS CLASSICAL TEXTS WITH AN EVER GROWING SET OF NEW CONCEPTUAL TOOLS. THE CENTER SPONSORS A WIDE RANGE OF ACADEMIC ACTIVITIES, INCLUDING INNOVATIVE CURRICULUM IN JEWISH LAW AND LEGAL THEORY, WORKSHOPS, COLLOQUIA AND CONFERENCES, AS WELL AS FELLOWSHIP PROGRAMS THAT TRAIN AND SUPPORT STUDENTS AND EMERGING SCHOLARS. THE ZAHAVA AND MOSHAEL STRAUSS CENTER FOR TORAH AND WESTERN THOUGHT THROUGH FELLOWSHIPS, PUBLIC EVENTS, SEMINARS AND TRAVEL ABROAD OPTIONS, OFFERS STUDENTS THE OPPORTUNITY TO ENGAGE WITH LEADING THINKERS IN THE U.S. AND ISRAEL, AND TO EXPLORE THE GREAT MORAL, PHILOSOPHICAL AND THEOLOGICAL QUESTIONS OF OUR AGE. THE CENTER IS DEDICATED TO BRIDGING A FORMATIVE ACADEMIC EXPERIENCE WITH AN IMMERSION IN TORAH STUDY, FURTHERING THE UNIVERSITY'S MISSION OF TORAH UMADDA AND SECURING YESHIVA UNIVERSITY'S CRITICAL ROLE IN THE FUTURE OF THE AMERICAN JEWISH COMMUNITY. THE RABBI ARTHUR SCHNEIER PROGRAM FOR INTERNATIONAL AFFAIRS PROVIDES AN EDUCATIONAL FORUM FOR THE EXCHANGE OF IDEAS RELATED TO DIVERSE GLOBAL ISSUES, INCLUDING FOREIGN RELATIONS; INTELLECTUAL PROPERTY RIGHTS; ECONOMICS; WORLD HEALTH AND ENVIRONMENTALISM. THE CENTER FOR JEWISH LAW AND CONTEMPORARY CIVILIZATION EXAMINES CLASSICAL TEXTS THROUGH AN INNOVATIVE CURRICULUM IN JEWISH LAW AND LEGAL THEORY, AND PROVIDES WORKSHOPS, CONFERENCES AND FELLOWSHIP PROGRAMS FOR EMERGING SCHOLARS. |
| CORE FORM 990, PART VI, SECTION A, LINE 7A - MEMBERS | IN ACCORDANCE WITH ARTICLE I-3 OF THE YESHIVA UNIVERSITY BY-LAWS OF THE BOARD OF THE BOARD OF TRUSTEES, THE RESPECTIVE CHAIRS OF THE BOARDS OF THE RABBI ISAAC ELCHANAN THEOLOGICAL SEMINARY ("RIETS") AND THE BENJAMIN N. CARDOZO SCHOOL OF LAW ("CARDOZO") SERVE AS EX OFFICIO VOTING MEMBERS OF THE YESHIVA UNIVERSITY BOARD OF TRUSTEES. RIETS IS A SEPARATELY INCORPORATED SECTION 501(C)(3) TAX-EXEMPT ORGANIZATION. CARDOZO IS A CONSTITUENT SCHOOL THAT OPERATES AS PART OF YESHIVA UNIVERSITY. SUCH INDIVIDUALS REMAIN ON THE YESHIVA UNIVERSITY BOARD OF TRUSTEES AS LONG AS THEY REMAIN AS CHAIR OF HIS OR HER RESPECTIVE BOARD. |
| CORE FORM 990, PART VI, SECTION A, LINE 11B - FORM 990 REVIEW | YESHIVA UNIVERSITY'S FORM 990 WAS REVIEWED AND SIGNED BY AN INDEPENDENT ACCOUNTING FIRM BASED ON A DRAFT RETURN PREPARED BY THE UNIVERSITY'S FINANCE DEPARTMENT AND DIRECTOR OF TAX. THE DRAFT RETURN WAS REVIEWED BY THE UNIVERSITY'S CHIEF FINANCIAL OFFICER, THE UNIVERSITY'S OFFICE OF GENERAL COUNSEL AND THE AUDIT COMMITTEE OF THE BOARD OF TRUSTEES. THE FINAL VERSION OF THE FORM 990 WAS MADE AVAILABLE TO THE BOARD OF TRUSTEES VIA A SECURE WEB SITE PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. THE FORM 990, AS FILED, IS MADE AVAILABLE TO THE PUBLIC IN ACCORDANCE WITH INTERNAL REVENUE SERVICE RULES AND REGULATIONS. |
| CORE FORM 990, PART VI, SECTION B, LINE 12C - CONFLICT OF INTEREST POLICY | THE UNIVERSITY'S CONFLICT OF INTEREST POLICY - WHICH WAS APPROVED BY THE BOARD OF TRUSTEES - APPLIES TO ALL MEMBERS OF THE UNIVERSITY'S BOARD OF TRUSTEES, ALL MEMBERS OF THE BOARDS OF OVERSEERS OF THE UNIVERSITY'S CONSTITUENT SCHOOLS, ALL PERSONS WHO SERVE ON A UNIVERSITY BOARD COMMITTEE OR A COMMITTEE OF A CONSTITUENT SCHOOL'S BOARD, AND TO OFFICERS AND SELECT EMPLOYEES OF THE UNIVERSITY, AS DESIGNATED BY THE GENERAL COUNSEL (COLLECTIVELY, THE "COVERED PERSONS"). THE POLICY PROVIDES THAT COVERED PERSONS ARE TO ACT AT ALL TIMES IN A MANNER CONSISTENT WITH THEIR RESPONSIBILITIES TO THE UNIVERSITY AND AVOID CIRCUMSTANCES IN WHICH THEIR FINANCIAL OR OTHER TIES TO OUTSIDE ENTITIES COULD PRESENT AN ACTUAL, POTENTIAL OR APPARENT CONFLICT OF INTEREST OR IMPAIR THE UNIVERSITY'S REPUTATION. FURTHER, ALL COVERED PERSONS ARE NOT TO ENGAGE IN BUSINESS WITH THE UNIVERSITY. IN THE CASE OF A RARE EXCEPTION, THE GOVERNANCE COMMITTEE OF THE BOARD OF TRUSTEES WILL REVIEW THE FACTS AND, IF IT IS IN THE UNIVERSITY'S BEST INTERESTS, APPROVE SUCH EXCEPTIONS. CONFLICT WAIVER REQUESTS CONSIDERED BY THE COMMITTEE, WHETHER OR NOT APPROVED, ARE REPORTED TO THE BOARD OF TRUSTEES. QUESTIONS AS TO WHETHER A TRANSACTION CONSTITUTES A RELATED PARTY TRANSACTION WITH RESPECT TO COVERED PERSONS ARE RESOLVED BY THE UNIVERSITY'S GOVERNANCE COMMITTEE AND THE PRESIDENT IN CONSULTATION WITH THE GENERAL COUNSEL. COVERED PERSONS ARE REQUIRED TO COMPLETE, SIGN AND SUBMIT TO THE GENERAL COUNSEL AN ANNUAL DISCLOSURE STATEMENT; TO PROMPTLY NOTIFY THE GENERAL COUNSEL OF ANY CHANGE IN THE INFORMATION PREVIOUSLY REPORTED ON SUCH PERSON'S DISCLOSURE STATEMENT; AND TO FURNISH SUPPLEMENTAL INFORMATION AND/OR CONFIRM THE CONTINUED ACCURACY OF THE CURRENT DISCLOSURE STATEMENT, IF REQUESTED BY THE GENERAL COUNSEL. THE BOARD'S GOVERNANCE COMMITTEE, IN CONSULTATION WITH THE GENERAL COUNSEL, HAS THE AUTHORITY TO ADDRESS NON-COMPLIANCE WITH THE DISCLOSURE REQUIREMENTS OR ANY OTHER PROVISION OF THE CONFLICT OF INTEREST POLICY; AND MAY RECOMMEND THE REMOVAL OF SUCH NON-COMPLYING COVERED PERSON OR OTHER APPROPRIATE SANCTION. IN ADDITION, A COVERED PERSON WHO BELIEVES A CURRENT, PENDING OR PROPOSED TRANSACTION WOULD CONSTITUTE A RELATED PARTY TRANSACTION OR OTHERWISE CONSTITUTE AN ACTUAL, POTENTIAL OR APPARENT CONFLICT OF INTEREST, IS REQUIRED TO PROMPTLY DISCLOSE TO THE GENERAL COUNSEL AND TO THE CHAIR OF EACH BOARD AND COMMITTEE OF WHICH THE COVERED PERSON IS A MEMBER, THE EXISTENCE OF THE CONFLICT (OR APPEARANCE OF CONFLICT) AND OTHER MATERIAL INFORMATION THAT THE COVERED PERSON MAY HAVE REGARDING THE TRANSACTION. NEW COVERED PERSONS ARE PROVIDED WITH A COPY OF THE CONFLICT OF INTEREST POLICY AND DISCLOSURE STATEMENT. THE DETAILS OF THE POLICY AND ITS REQUIREMENTS ARE REVIEWED WITH THEM. THE GENERAL COUNSEL MAINTAINS A DATABASE OF DISCLOSURE STATEMENTS AND A SYSTEM FOR MONITORING CURRENT, PENDING AND PROPOSED TRANSACTIONS FOR POTENTIAL RELATED PARTY TRANSACTIONS BASED ON THE DISCLOSURES MADE IN EACH COVERED PERSON'S ANNUAL DISCLOSURE STATEMENT AND ANY PERIODIC UPDATES SUBMITTED PURSUANT TO THE POLICY. IN ADDITION TO THE CONFLICT OF INTEREST POLICY ABOVE FOR COVERED PERSONS, UNIVERSITY EMPLOYEES ARE ALSO SUBJECT TO ADDITIONAL CONFLICT OF INTEREST REPORTING REQUIREMENTS AS SET FORTH IN THE UNIVERSITY EMPLOYEE HANDBOOK. |
| CORE FORM 990, PART VI, SECTION B, LINE 15 - COMPENSATION DETERMINATION | THE COMPENSATION OF ALL EMPLOYEES EARNING IN EXCESS OF A SPECIFIED THRESHOLD SALARY LEVEL, AS WELL AS ALL OF YESHIVA UNIVERSITY'S OFFICERS AND KEY EMPLOYEES, IS REVIEWED ANNUALLY BY THE UNIVERSITY'S COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES. THE INDEPENDENT MEMBERS OF THE COMMITTEE CONDUCT A DETAILED REVIEW AND APPROVAL OF SUCH COMPENSATION UTILIZING COMPARABILITY DATA FROM THIRD PARTY SALARY SURVEYS, FORM 990 SALARY DISCLOSURES FROM OTHER ORGANIZATIONS, AND/OR COMPENSATION STUDIES PREPARED BY AN INDEPENDENT THIRD PARTY CONSULTING FIRM. CONTEMPORANEOUS DOCUMENTATION OF THE COMMITTEE'S DELIBERATIONS AND DECISIONS ARE MADE PART OF THE COMMITTEE'S WRITTEN MINUTES. IN ACCORDANCE WITH IRS RULES AND REGULATIONS, THE UNIVERSITY HAS ALSO RECEIVED OPINIONS FROM INDEPENDENT THIRD PARTY COMPENSATION CONSULTANTS THAT THE COMPENSATION AND BENEFITS OF ITS OFFICERS AND KEY EMPLOYEES ARE REASONABLE. |
| CORE FORM 990, PART VI, SECTION C, LINE 19 - PUBLIC DISCLOSURE | YESHIVA UNIVERSITY DOES NOT CURRENTLY MAKE ITS GOVERNING DOCUMENTS OR CONFLICT OF INTEREST POLICY AVAILABLE TO THE PUBLIC. IT'S AUDITED FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC ON THE UNIVERSITY'S WEBSITE AT WWW.YU.EDU. THE UNIVERSITY MAKES IT'S FORM 990 AND 990-T AVAILABLE TO THE PUBLIC IN ACCORDANCE WITH INTERNAL REVENUE SERVICE RULES AND REGULATIONS. |
| CORE FORM 990, PART VI, SECTION A, LINE 2 - BOARD MEMBER RELATIONSHIPS | NAME OF OFFICER, DIRECTOR, ETC: ZYGMUNT WILF NAME OF RELATED PERSON: MARK WILF RELATIONSHIP: FAMILY AND BUSINESS NAME OF OFFICER, DIRECTOR, ETC: MICHAEL JESSELSON NAME OF RELATED PERSON: JAY SCHOTTENSTEIN RELATIONSHIP: BUSINESS RELATIONSHIP NAME OF OFFICER, DIRECTOR, ETC: DAVID MAGERMAN NAME OF RELATED PERSON: MARK SILBER RELATIONSHIP: BUSINESS RELATIONSHIP |
| FORM 990, PART XI, LINE 9 - RECONCILIATION OF NET ASSETS | CHANGE IN FMV OF SPLIT INTEREST AGREEMENTS $ -256,872 ELIMINATION OF EXPENSES OF SEPARATELY INCORPORATED REAL ESTATE ENTITIES $ 46,150 TRANSFER OF NET ASSETS OF ALBERT EINSTEIN COLLEGE OF MEDICINE - SEE SCHEDULE N DETAIL $ -525,718,079 _______________ TOTAL $ -525,790,286 |
| FORM 990, PART VII - AVERAGE HOURS PER WEEK | THE AVERAGE HOURS PER WEEK LISTED FOR THE OFFICERS, KEY EMPLOYEES AND HIGHEST PAID EMPLOYEES REPRESENTS YESHIVA UNIVERSITY'S OFFICIAL WORKWEEK. HOWEVER, IN PRACTICE, SUCH INDIVIDUALS WORK SIGNIFICANTLY MORE HOURS PER WEEK AND ARE EXPECTED TO BE AVAILABLE FOR UNIVERSITY BUSINESS |
| CORE FORM 990, PART VI, SECTION A, LINE 4 | THE UNIVERSITY MADE CERTAIN NON-SIGNIFICANT CHANGES TO ITS GOVERNING DOCUMENTS DURING FY 16 TO COMPLY WITH THE NEW YORK STATE NONPROFIT REVITALIZATION ACT. |
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