Form990
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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)
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OMB No. 1545-0047
2021
Open to Public Inspection
A For the 2021 calendar year, or tax year beginning 07-01-2021 , and ending 06-30-2022
BCheck if applicable:
CName of organization
DREXEL UNIVERSITY
 
 
Doing business as
 
 
Number and street (or P.O. box if mail is not delivered to street address)
3201 ARCH STREET 400
 
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
PHILADELPHIA, PA191042875
D Employer identification number

23-1352630
E Telephone number

G Gross receipts $ 1,414,200,497
F Name and address of principal officer:
JOHN A FRY
3141 CHESTNUT ST
PHILADELPHIA,PA19104
I
Tax-exempt status: (   ) LeftBullet (insert no.) or
J
Website:MediumBullet
WWW.DREXEL.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: 1894
M State of legal domicile: PA
Part I
Summary
Activities & Governance 1 Briefly describe the organization’s mission or most significant activities: INTEGRATED ACADEMIC OFFERINGS ENHANCED BY TECHNOLOGY, COOPERATIVE EDUCATION AND CLINICAL PRACTICE
2 Check this box MediumBullet
3 Number of voting members of the governing body (Part VI, line 1a) ........ 3 59
4 Number of independent voting members of the governing body (Part VI, line 1b) ..... 4 55
5 Total number of individuals employed in calendar year 2021 (Part V, line 2a) ...... 5 11,635
6 Total number of volunteers (estimate if necessary) ............. 6 4,815
7a Total unrelated business revenue from Part VIII, column (C), line 12 ........ 7a 4,026,969
b Net unrelated business taxable income from Form 990-T, Part I, line 11 ......... 7b 1,248,759
Revenues Prior Year Current Year
8 Contributions and grants (Part VIII, line 1h) ......... 241,046,762 208,875,017
9 Program service revenue (Part VIII, line 2g) ......... 1,003,411,076 1,068,088,534
10 Investment income (Part VIII, column (A), lines 3, 4, and 7d ) .... -18,988,049 55,168,114
11 Other revenue (Part VIII, column (A), lines 5, 6d, 8c, 9c, 10c, and 11e) 16,226,419 20,346,728
12 Total revenue—add lines 8 through 11 (must equal Part VIII, column (A), line 12) 1,241,696,208 1,352,478,393
Expenses; 13 Grants and similar amounts paid (Part IX, column (A), lines 1–3 )... 425,417,296 444,634,532
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) 494,578,091 540,039,066
16a Professional fundraising fees (Part IX, column (A), line 11e) ..... 201,245 58,046
b Total fundraising expenses (Part IX, column (D), line 25) MediumBullet16,832,760    
17 Other expenses (Part IX, column (A), lines 11a–11d, 11f–24e).... 329,745,303 344,294,129
18 Total expenses. Add lines 13–17 (must equal Part IX, column (A), line 25) 1,249,941,935 1,329,025,773
19 Revenue less expenses. Subtract line 18 from line 12....... -8,245,727 23,452,620
Net Assets or Fund Balances; Beginning of Current Year End of Year
20 Total assets (Part X, line 16)............. 2,420,281,154 2,419,583,188
21 Total liabilities (Part X, line 26)............. 1,080,628,984 1,144,608,526
22 Net assets or fund balances. Subtract line 21 from line 20..... 1,339,652,170 1,274,974,662
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
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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 (2021)
Form 990 (2021)
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: DREXEL UNIVERSITY FULFILLS ITS FOUNDER'S VISION OF PREPARING EACH NEW GENERATION OF STUDENTS FOR PRODUCTIVE PROFESSIONAL AND CIVIC LIVES WHILE ALSO FOCUSING ITS COLLECTIVE EXPERTISE ON SOLVING SOCIETY'S GREATEST PROBLEMS. DREXEL IS AN ACADEMICALLY COMPREHENSIVE AND GLOBALLY ENGAGED URBAN RESEARCH UNIVERSITY, DEDICATED TO ADVANCING KNOWLEDGE AND SOCIETY AND TO PROVIDING EVERY STUDENT WITH A VALUABLE, RIGOROUS, EXPERIENTIAL, TECHNOLOGY-INFUSED EDUCATION, ENRICHED BY THE NATION'S PREMIER CO-OPERATIVE EDUCATION PROGRAM.
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 $ 992,069,725 including grants of $ 419,794,710 ) (Revenue $ 1,040,055,471 )
INSTRUCTIONDREXEL IS A COMPREHENSIVE NATIONAL RESEARCH UNIVERSITY DEDICATED TO PROVIDING QUALITY UNDERGRADUATE, GRADUATE AND PROFESSIONAL EDUCATION FEATURING EXCELLENT ACADEMICS, STATE-OF-THE-ART TECHNOLOGY AND A FOCUS ON REAL-WORLD LEARNING AND SERVICE. THE UNIVERSITY IS CLASSIFIED AS AN R1 RESEARCH UNIVERSITY IN THE CARNEGIE CLASSIFICATION OF INSTITUTIONS OF HIGHER EDUCATION - A RANK THAT DENOTES THE HIGHEST LEVEL OF RESEARCH ACTIVITY, HELD BY JUST 37 PRIVATE UNIVERSITIES AROUND THE COUNTRY. THE UNIVERSITY DISCLOSED 55 TOTAL NEW INVENTIONS AND RECEIVED 31 NEW UNITED STATES PATENTS IN FISCAL YEAR 2022.THE UNIVERSITY'S MISSION SERVES TRADITIONAL, ADULT AND ONLINE STUDENTS. DREXEL OFFERS NATIONALLY ACCREDITED PROGRAMS THAT MEET THE CHANGING NEEDS OF SOCIETY, INCLUDING MORE THAN 80 BACHELOR'S DEGREE PROGRAMS AND MORE THAN 120 GRADUATE AND PROFESSIONAL DEGREE PROGRAMS ORGANIZED IN 15 COLLEGES AND SCHOOLS: COLLEGE OF ARTS AND SCIENCES; SCHOOL OF BIOMEDICAL ENGINEERING, SCIENCE AND HEALTH SYSTEMS; BENNETT S. LEBOW COLLEGE OF BUSINESS; COLLEGE OF COMPUTING & INFORMATICS; SCHOOL OF EDUCATION; COLLEGE OF ENGINEERING; CHARLES D. CLOSE SCHOOL OF ENTREPRENEURSHIP; GRADUATE COLLEGE; PENNONI HONORS COLLEGE; THOMAS R. KLINE SCHOOL OF LAW; ANTOINETTE WESTPHAL COLLEGE OF MEDIA ARTS & DESIGN; COLLEGE OF MEDICINE; COLLEGE OF NURSING AND HEALTH PROFESSIONS; RICHARD C. GOODWIN COLLEGE OF PROFESSIONAL STUDIES AND DANA AND DAVID DORNSIFE SCHOOL OF PUBLIC HEALTH. DREXEL'S STRATEGIC EFFORTS FOCUS ON INVESTING FURTHER IN ACADEMIC EXCELLENCE, SERVING MORE STUDENTS WHILE IMPROVING THE STUDENT EXPERIENCE AND ENHANCING THE UNIVERSITY'S GLOBAL IMPACT. OVER THE LAST 25 YEARS, DREXEL HAS GROWN TO BECOME AN ECONOMIC ENGINE FOR PHILADELPHIA, SERVING AS ONE OF THE CITY'S LARGEST EMPLOYERS, GENERATING MILLIONS OF DOLLARS IN WAGE TAXES, ATTRACTING EXTERNAL FUNDING FOR RESEARCH AND KEY REAL ESTATE DEVELOPMENT PROJECTS, INVESTING IN PUBLIC SCHOOLS, AND SUPPORTING IMPORTANT COMMUNITY ORGANIZATIONS.DREXEL'S ACADEMIC ENTERPRISE HELPS STRENGTHEN THE NEIGHBORHOODS AROUND ITS CAMPUSES. DREXEL IS THE LEAD ACADEMIC PARTNER IN THE APPLICATION AND IMPLEMENTATION PROCESS FOR THE FEDERAL PROMISE ZONE IN WEST PHILADELPHIA, ONE OF THE FIRST FIVE LOCATIONS CHOSEN FOR A WHITE HOUSE INITIATIVE TO DIRECT RESOURCES TO THE NATION'S MOST PERSISTENTLY POVERTY-STRICKEN COMMUNITIES. DREXEL HAS FOSTERED AN ENVIRONMENT OF INCLUSION AND HAS SET INCLUSION AS A STRATEGIC PRIORITY. DREXEL RECOGNIZES AND RESPECTS PEOPLE OF ALL BACKGROUNDS AND EXPERIENCES AND WELCOMES ALL VIEWS AND OPINIONS. IN NOVEMBER 2020, THE CENTER FOR BLACK CULTURE OPENED ITS DOORS. THE CENTER WAS ESTABLISHED TO INCREASE KNOWLEDGE, RECOGNITION AND RESPECT OF THE PEOPLE, HISTORIES AND CULTURES OF THE AFRICAN DIASPORA AND ITS MANY CONTRIBUTIONS TO THE WORLD, AND TO SERVE AS A HUB OF INFORMATION AND ACTIVITY. MOST RECENTLY, DREXEL'S DORNSIFE SCHOOL OF PUBLIC HEALTH ANNOUNCED THE LAUNCH OF THE UBUNTU CENTER ON RACISM, GLOBAL MOVEMENTS AND POPULATION HEALTH EQUITY TO UNITE DIVERSE PARTNERS, GENERATE AND TRANSLATE EVIDENCE, ACCELERATE ANTIRACISM SOLUTIONS, AND TRANSFORM THE HEALTH OF COMMUNITIES LOCALLY, NATIONALLY AND GLOBALLY. AS THE UNITED STATES TRANSITIONS TO AN INFORMATION ECONOMY AND HAS DEALT WITH UNPRECEDENTED CHALLENGES BROUGHT ON BY THE COVID-19 PANDEMIC, MANY JOBS REQUIRE THE CRITICAL THINKING AND INNOVATIVE PROBLEM-SOLVING SKILLS INSTILLED AT DREXEL. FOR 100 YEARS, DREXEL HAS EQUIPPED STUDENTS FOR THE REAL WORLD THROUGH OUR RENOWNED COOPERATIVE EDUCATION PROGRAM. THE UNIVERSITY ESTABLISHED THE DREXEL SOLUTIONS INSTITUTE THAT HAS BECOME THE NEW GATEWAY FOR INDUSTRY PARTNERSHIPS - CONNECTING DREXEL'S 1,600 CO-OP EMPLOYERS, AS WELL AS OTHER BUSINESSES AND NONPROFITS, AND LINKING THEM TO DREXEL STUDENT TALENT, FACULTY EXPERTISE AND WORLD-CLASS RESOURCES. DREXEL HAS MADE A STRATEGIC COMMITMENT TO HELP IMPROVE THE NATION'S GLOBAL COMPETITIVENESS BY INCREASING STUDENTS' INTERNATIONAL ENGAGEMENT TO BUILD CULTURAL COMPETENCIES. IN RECENT YEARS, THE UNIVERSITY HAS GROWN THE NUMBER OF STUDY ABROAD OPPORTUNITIES BY MORE THAN A QUARTER AND THE NUMBER OF GLOBAL POSITIONS IN DREXEL'S SIGNATURE COOPERATIVE EDUCATION PROGRAM BY A THIRD. DREXEL'S OFFICE OF GLOBAL ENGAGEMENT WORKS TO ADDRESS THE GREATEST CHALLENGES TODAY - SUCH AS URBAN SUSTAINABILITY, ENERGY, WATER CONSERVATION, AND PUBLIC HEALTH - BY BUILDING AN ECOSYSTEM OF GLOBAL PARTNERSHIPS AND PROGRAMS THAT FOCUS ON FACILITATING PRODUCTIVE, MUTUALLY BENEFICIAL OPPORTUNITIES.UNDERGRADUATE ENROLLMENT FOR ACADEMIC YEAR 2021-2022 = 14,367GRADUATE AND PROFESSIONAL ENROLLMENT FOR ACADEMIC YEAR 2021-2022 = 8,850 NUMBER OF DEGREES CONFERRED IN ACADEMIC YEAR 2021-2022: ASSOCIATE DEGREES = 0 BACHELOR'S DEGREES = 3,441 MASTER'S DEGREES = 2,194 DOCTORAL DEGREES = 729 CERTIFICATES AND OTHER = 467
4b (Code:   ) (Expenses $ 157,016,225 including grants of $ 24,839,822 ) (Revenue $ 18,404,572 )
RESEARCHDREXEL RESEARCHERS WORK ACROSS DISCIPLINES TO INCREASE THE WORLD'S STORE OF KNOWLEDGE AND TRANSLATE THAT NEW KNOWLEDGE INTO SOLUTIONS WITH TREMENDOUS POSITIVE IMPACT ON SOCIETY. TYPICALLY, THE UNIVERSITY RECEIVES ABOUT $110 MILLION PER YEAR IN RESEARCH EXPENDITURES. THE UNIVERSITY IS COMMITTED TO USING ITS RESEARCH AND TECHNOLOGICAL EXPERTISE TO BECOME AN EVEN MORE POWERFUL ECONOMIC ENGINE FOR GREATER PHILADELPHIA, HELPING TO CREATE NEW HIGH-TECH BUSINESSES AND JOBS. DREXEL IS CREATING AN ECOSYSTEM OF INNOVATION IN AND AROUND UNIVERSITY CITY, WHILE DELIVERING ON ITS PUBLIC PURPOSE AS AN ANCHOR INSTITUTION FOR PHILADELPHIA. THIS ECOSYSTEM WILL ULTIMATELY BENEFIT STUDENTS, THROUGH CO-OPS AND CAREER OPPORTUNITIES; FACULTY, THROUGH COLLABORATIVE RESEARCH AND TRAINING; AND THE SURROUNDING COMMUNITY, THROUGH THE CREATION OF PIPELINES TO EMPLOYMENT.THIS COMMITMENT IS AT THE HEART OF SCHUYLKILL YARDS, A $3.5 BILLION MIXED-USE PROJECT WITH DEVELOPMENT PARTNER BRANDYWINE REALTY TRUST ON UNIVERSITY REAL ESTATE ADJACENT TO PHILADELPHIA'S AMTRAK 30TH STREET STATION. IN PARTNERSHIP WITH WEXFORD SCIENCE AND TECHNOLOGY, DREXEL IS ALSO EXTENDING UCITY SQUARE, A MULTI-BILLION-DOLLAR DEVELOPMENT, THROUGH A FACILITY THAT HOUSES K-8 PUBLIC SCHOOLS AND AN ACADEMIC BUILDING THAT WILL RELOCATE THE COLLEGE OF MEDICINE AND COLLEGE OF NURSING AND HEALTH PROFESSIONS TO THE UNIVERSITY CITY CAMPUS.MOST RECENTLY, SPARK THERAPEUTICS ANNOUNCED PLANS TO INVEST $575 MILLION IN THE CREATION OF A NEW, STATE-OF-THE-ART GENE THERAPY INNOVATION CENTER ON DREXEL'S CAMPUS. AND THROUGH A PARTNERSHIP WITH GATTUSO DEVELOPMENT PARTNERS, THE CAMPUS WILL ALSO BOAST WHAT IS EXPECTED TO BECOME THE CITY'S LARGEST LIFE SCIENCES RESEARCH AND LABORATORY BUILDING.DURING FY22, DREXEL UNIVERSITY CONDUCTED RESEARCH ON THE FOLLOWING RESEARCH GRANTS:FEDERALLY SPONSORED RESEARCH - 904 GRANTSSTATE OF PENNSYLVANIA SPONSORED RESEARCH - 104 GRANTSCITY OF PHILADELPHIA CONTRACTS 23 GRANTSPRIVATE FOUNDATION SPONSORED RESEARCH - 275 GRANTSINDUSTRY SPONSORED RESEARCH - 95 GRANTS
4c (Code:   ) (Expenses $ 26,987,858 including grants of $ 0 ) (Revenue $ 20,894,206 )
PATIENT CARE/PUBLIC SERVICEIT IS THE COLLEGE'S PATIENT CARE MISSION TO SERVE THE COMMUNITY THROUGH THE DELIVERY OF HIGH-QUALITY, COST-EFFECTIVE HEALTH CARE SERVICES, INCLUDING PROGRAMS OF HEALTH PROMOTION AND DISEASE PREVENTION. ALL CLINICAL SERVICES ARE PROVIDED WITH CAREFUL REGARD FOR THE INDIVIDUAL PATIENT AND THEIR FAMILY. DREXEL UNIVERSITY'S CLINICAL PRACTICES PROVIDE EXCEPTIONAL CARE IN GENERAL INTERNAL MEDICINE, HIV/AIDS, STUDENT HEALTH, ADDICTION MEDICINE, AND PSYCHIATRY.
4d Other program services (Describe in Schedule O.)
(Expenses $   including grants of $   ) (Revenue $   )
4e Total program service expensesMediumBullet1,176,073,808
Form 990 (2021)
Form 990 (2021)
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 Rev. Proc. 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 IIIClick 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 V......
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
Yes
 
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 XIIClick to see attachment......................
12a
 
No
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
 
No
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
 
 
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
 
Form 990 (2021)
Form 990 (2021)
Page 4
Part IV
Checklist of Required Schedules (continued)
Yes
No
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 attachment
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 or 22 for receivables from or payables to any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or 35% controlled entity or family member of any of these persons? If "Yes," complete Schedule L, Part IIClick to see attachment...........
26
Yes
 
27
Did the organization provide a grant or other assistance to any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or employee thereof, a grant selection committee member, or to a 35% controlled entity (including an employee thereof) or family member of any of these persons?
If "Yes," complete
Schedule L, Part IIIClick to see attachment.........................
27
Yes
 
28
Was the organization a party to a business transaction with one of the following parties (see the Schedule L, Part IV instructions for applicable filing thresholds, conditions, and exceptions):
a
A current or former officer, director, trustee, key employee, creator or founder, or substantial contributor? If "Yes," complete Schedule L, Part IV......................Click to see attachment
28a
 
No
b
A family member of any individual described in line 28a? If "Yes," complete Schedule L, Part IV.....Click to see attachment
28b
Yes
 
c
A 35% controlled entity of one or more individuals and/or organizations described in line 28a or 28b? If "Yes," complete Schedule L, Part IV.....................
28c
 
No
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
 
No
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
 
No
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 on Schedule O for Part VI, lines 11b and 19? Note. All Form 990 filers are required to complete Schedule O. ............
38
Yes
 
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
27,516
b
Enter the number of Forms W-2G included on 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
 
Form 990 (2021)
Form 990 (2021)
Page 5
Part V
Statements Regarding Other IRS Filings and Tax Compliance (continued)
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
11,635
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: MediumBulletEK , CM
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
 
No
b
If "Yes," did the organization include with every solicitation an express statement that such contributions or gifts were not tax deductible? ......................
6b
 
 
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
 
No
f
Did the organization, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ..
7f
 
No
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
 
 
9
Sponsoring organizations maintaining donor advised funds.
a
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
 
 
15
Is the organization subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or excess parachute payment(s) during the year? ....................
If "Yes," see the instructions and file Form 4720, Schedule N.
15
Yes
 
16
Is the organization an educational institution subject to the section 4968 excise tax on net investment income? ..
If "Yes," complete Form 4720, Schedule O.
16
 
No
17
Section 501(c)(21) organizations. Did the trust, any disqualified person, or mine operator engage in any activities that would result in the imposition of an excise tax under section 4951, 4952, or 4953? ..
If "Yes," complete Form 6069.
17
 
 
Form 990 (2021)
Form 990 (2021)
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
59
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
55
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
 
No
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 on 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 on 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 on 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
Yes
 
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
Yes
 
Section C. Disclosure
17
List the states with which a copy of this Form 990 is required to be filedMediumBullet
PA , AK , MD , MA , MI , NH , NY , SC , WA , CO , CA
18
Section 6104 requires an organization to make its Form 1023 (1024 or 1024-A, if applicable), 990, and 990-T (section 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:
MediumBulletCOMPTROLLER'S OFFICE3141 CHESTNUT STREET STE 225   PHILADELPHIA,PA19104 (215) 895-1442
Form 990 (2021)
Form 990 (2021)
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 the 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, Form 1099-MISC, and/or box 1 of Form 1099-NEC) 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.

See the instructions for the order in which to list the persons above.
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/1099-NEC) 		(E)
Reportable compensation from related organizations (W-2/1099-MISC/1099-NEC) 		(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) JOHN A FRY......................................................................
PRESIDENT
 40.00
.................
7.00 		X   X       2,584,592 0 181,085
(2) ALFRED F ALTOMARI......................................................................
TRUSTEE
 2.00
.................
0.00 		X           0 0 0
(3) CHRIS MCKENDRY ANDRADE......................................................................
TRUSTEE
 2.00
.................
0.00 		X           0 0 0
(4) MICHAEL BARRY......................................................................
TRUSTEE
 2.00
.................
0.00 		X           0 0 0
(5) JEFFREY A BEACHELL......................................................................
TRUSTEE
 2.00
.................
2.00 		X           0 0 0
(6) JAMES BEAN......................................................................
TRUSTEE
 2.00
.................
0.00 		X           0 0 0
(7) SALLY J BELLET......................................................................
TRUSTEE
 2.00
.................
0.00 		X           0 0 0
(8) GREGORY S BENTLEY......................................................................
TRUSTEE
 2.00
.................
0.00 		X           0 0 0
(9) THOMAS E BERK......................................................................
TRUSTEE
 2.00
.................
0.00 		X           0 0 0
(10) TED BRYCE......................................................................
TRUSTEE
 2.00
.................
0.00 		X           0 0 0
(11) KAREN DOUGHERTY BUCHHOLZ......................................................................
TRUSTEE
 2.00
.................
0.00 		X           0 0 0
(12) RANDALL S BURKERT......................................................................
TRUSTEE
 2.00
.................
0.00 		X           0 0 0
(13) THOMAS A CARAMANICO......................................................................
TRUSTEE
 2.00
.................
0.00 		X           0 0 0
(14) R JOHN CHAPEL JR TO 522......................................................................
TRUSTEE
 2.00
.................
0.00 		X           0 0 0
(15) HONORABLE IDA K CHEN......................................................................
TRUSTEE
 2.00
.................
0.00 		X           0 0 0
(16) KATHLEEN P CHIMICLES......................................................................
TRUSTEE
 2.00
.................
0.00 		X           0 0 0
(17) DELLA CLARK......................................................................
TRUSTEE
 2.00
.................
0.00 		X           0 0 0
Form 990 (2021)
Form 990 (2021)
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/1099-NEC) 		(E)
Reportable compensation from related organizations (W-2/1099-MISC/1099-NEC) 		(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) ABBIE DEAN........................................................................
TRUSTEE
 2.00
.......................2.00 		X           0 0 0
(19) NICHOLAS DEBENEDICTIS........................................................................
TRUSTEE
 2.00
.......................0.00 		X           0 0 0
(20) GERIANNE TRINGALI DIPIANO........................................................................
TRUSTEE
 2.00
.......................0.00 		X           0 0 0
(21) DOMENIC M DIPIERO III........................................................................
TRUSTEE
 2.00
.......................0.00 		X           0 0 0
(22) ANGELA DOWD-BURTON........................................................................
TRUSTEE
 2.00
.......................0.00 		X           0 0 0
(23) THOMAS O FITZPATRICK ESQ........................................................................
TRUSTEE
 2.00
.......................0.00 		X           0 0 0
(24) BRIAN R FORD........................................................................
TRUSTEE
 2.00
.......................0.00 		X           0 0 0
(25) MICHAEL FORMAN........................................................................
TRUSTEE
 2.00
.......................0.00 		X           0 0 0
(26) KENNETH FULMER........................................................................
TRUSTEE
 2.00
.......................0.00 		X           0 0 0
(27) SEAN J GALLAGHER........................................................................
TRUSTEE
 2.00
.......................0.00 		X           0 0 0
(28) DAVID R GELTZER........................................................................
TRUSTEE
 2.00
.......................0.00 		X           0 0 0
(29) RICHARD A GREENAWALT........................................................................
CHAIR
 2.00
.......................0.00 		X   X       0 0 0
(30) DAVID GRIFFITH........................................................................
TRUSTEE
 2.00
.......................2.00 		X           0 0 0
(31) MAURICIO GUTIERREZ........................................................................
TRUSTEE
 2.00
.......................0.00 		X           0 0 0
(32) RICHARD A HAYNE........................................................................
VICE CHAIR
 2.00
.......................0.00 		X   X       0 0 0
(33) NINA HENDERSON........................................................................
VICE CHAIR
 2.00
.......................0.00 		X   X       0 0 0
(34) RICHARD C ILL........................................................................
TRUSTEE
 2.00
.......................0.00 		X           0 0 0
(35) PATRICIA H IMBESI........................................................................
TRUSTEE
 2.00
.......................0.00 		X           0 0 0
(36) JOSEPH H JACOVINI ESQ........................................................................
TRUSTEE
 2.00
.......................0.00 		X           0 0 0
(37) THOMAS R KLINE........................................................................
TRUSTEE
 2.00
.......................0.00 		X           0 0 0
(38) J MICHAEL LAWRIE........................................................................
TRUSTEE
 2.00
.......................0.00 		X           0 0 0
(39) RAPHAEL C LEE........................................................................
TRUSTEE
 2.00
.......................0.00 		X           0 0 0
(40) THOMAS LEONARD........................................................................
TRUSTEE
 2.00
.......................0.00 		X           0 0 0
(41) JEFFREY LYASH JR........................................................................
TRUSTEE
 2.00
.......................0.00 		X           0 0 0
(42) JERRY J MARTIN........................................................................
TRUSTEE
 2.00
.......................0.00 		X           0 0 0
(43) MARK MCADOO........................................................................
TRUSTEE
 2.00
.......................0.00 		X           0 0 0
(44) PATRICK MCGONIGAL........................................................................
TRUSTEE
 2.00
.......................0.00 		X           0 0 0
(45) MATTHEW S NAYLOR........................................................................
TRUSTEE
 2.00
.......................0.00 		X           0 0 0
(46) DENIS P O'BRIEN........................................................................
TRUSTEE
 2.00
.......................0.00 		X           0 0 0
(47) KEVIN J O'HARA........................................................................
TRUSTEE
 2.00
.......................0.00 		X           0 0 0
(48) RICHELLE P PARHAM........................................................................
TRUSTEE
 2.00
.......................0.00 		X           0 0 0
(49) CHARLES P PIZZI........................................................................
TRUSTEE
 2.00
.......................0.00 		X           0 0 0
(50) THOMAS M RAMPULLA........................................................................
TRUSTEE
 2.00
.......................0.00 		X           0 0 0
(51) KATHLEEN REARDON........................................................................
TRUSTEE
 2.00
.......................0.00 		X           0 0 0
(52) MARIA RENZ........................................................................
TRUSTEE
 2.00
.......................0.00 		X           0 0 0
(53) MALIK ROSE........................................................................
TRUSTEE
 2.00
.......................0.00 		X           0 0 0
(54) VIRGINIA S ROSE........................................................................
TRUSTEE
 2.00
.......................0.00 		X           0 0 0
(55) STANLEY W SILVERMAN........................................................................
VICE CHAIR
 2.00
.......................0.00 		X   X       0 0 0
(56) JOSEPH P UJOBAI........................................................................
TRUSTEE
 2.00
.......................0.00 		X           0 0 0
(57) CHARLES K VALUTAS........................................................................
TRUSTEE
 2.00
.......................0.00 		X           0 0 0
(58) MICHAEL J WILLIAMS........................................................................
TRUSTEE
 2.00
.......................0.00 		X           0 0 0
(59) CORINA LAM AS OF 721........................................................................
TRUSTEE
 2.00
.......................0.00 		X           0 0 0
(60) LEVOYD ROBINSON AS OF 522........................................................................
TRUSTEE
 2.00
.......................0.00 		X           0 0 0
(61) HELEN Y BOWMAN........................................................................
EXECUTIVE VP/TREASURER/COO
 40.00
.......................5.00 		    X       854,055 0 109,427
(62) DARIN PFEIFER........................................................................
SECRETARY
 40.00
.......................0.00 		    X       231,003 0 26,550
(63) CHARLES CAIRNS........................................................................
DEAN & SVP, MED AFFAIRS CO
 40.00
.......................0.00 		      X     896,356 0 108,538
(64) PAUL JENSEN........................................................................
SVP & NINA HENDERSON PROVO
 40.00
.......................0.00 		      X     765,058 0 34,427
(65) DAVID L UNRUH........................................................................
SVP INST ADVANCEMENT
 40.00
.......................0.00 		      X     715,888 0 84,427
(66) MICHAEL J EXLER ESQ........................................................................
SVP AND GENERAL COUNSEL
 40.00
.......................2.00 		      X     583,101 0 84,427
(67) ELISABETH VAN BOCKSTAELE........................................................................
SVP GRAD. AND ONLINE ED.
 40.00
.......................0.00 		      X     592,322 0 84,427
(68) MEGAN WEYLER........................................................................
SVP AND CHRO
 40.00
.......................0.00 		      X     543,884 0 70,445
(69) LORI N DOYLE........................................................................
SVP UNIV COMMUNICATIONS
 40.00
.......................0.00 		      X     418,309 0 30,327
(70) SUBIR SAHU........................................................................
SVP STUDENT SUCCESS
 40.00
.......................0.00 		      X     432,735 0 81,281
(71) EVELYN THIMBA........................................................................
SVP ENROLLMENT MANAGEMENT
 40.00
.......................0.00 		      X     391,593 0 80,638
(72) ALEISTER SAUNDERS........................................................................
EXEC VICE PROV, RES & INNO
 40.00
.......................0.00 		      X     360,129 0 32,057
(73) BRIAN T KEECH........................................................................
SVP GOV & COMMUNITY RELATI
 40.00
.......................0.00 		      X     393,571 0 34,427
(74) DAVID RUSENKO........................................................................
VP FINANCE, CFO & ASSOC TREASURER
 40.00
.......................4.00 		      X     367,194 0 30,051
(75) CATHERINE ULOZAS........................................................................
VP, CHIEF INVESTMENT OFFICER
 40.00
.......................0.00 		      X     252,849 0 56,353
(76) ZACHARY SPIKER........................................................................
HEAD COACH, BASKETBALL
 40.00
.......................0.00 		        X   500,272 0 30,819
(77) PAUL BRANDT-RAUF........................................................................
DEAN, SCHOOL OF BIOMEDICAL
 40.00
.......................0.00 		        X   450,569 0 24,760
(78) THOMAS DECHIARO........................................................................
VP, INFORMATION TECH & CIO
 40.00
.......................0.00 		        X   438,747 0 50,892
(79) OLIMPIA MEUCCI........................................................................
CHAIR COM, PHARMACOLOGY
 40.00
.......................0.00 		        X   417,869 0 27,436
(80) BRIAN WIGDAHL........................................................................
CHAIR COM, MICROBIOLOGY
 40.00
.......................0.00 		        X   426,125 0 17,370
(81) JANICE K MARINI........................................................................
FORMER SECRETARY
 40.00
.......................0.00 		          X 107,600 0 4,580
(82) JOSEPH B HUGHES........................................................................
FORMER DEAN, COLLEGE OF EN
 40.00
.......................0.00 		          X 275,305 0 19,496
(83) DONNA MURASKO PHD........................................................................
FORMER DEAN, COLLEGE OF AR
 40.00
.......................0.00 		          X 443,239 0 14,152
(84) DANIEL SCHIDLOW........................................................................
FORMER DEAN EMERITUS, COM
 40.00
.......................0.00 		          X 475,879 0 19,505
1b Sub-Total................MediumBullet
c Total from continuation sheets to Part VII, Section A....MediumBullet
d Total (add lines 1b and 1c)...........MediumBullet 13,918,244 0 1,337,897
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 MediumBullet1,099
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
ARAMARK SERVICES INC

ONE CITIZENS BANK WAY
PHILADELPHIA,PA19148 		FOOD SERVICE 9,270,188
BSI CONSTRUCTION LLC

735 BIRCH AVE STE 1100
BENSALEM,PA19020 		CONSTRUCTION SERVICES 7,237,505
ALLIED UNIVERSAL SECURITY SERVICES

161 WASHINGTON ST
CONSHOHOCKEN,PA19104 		SECURITY SERVICES 5,797,228
MCKINSEY & COMPANY INC UNITED STATES

140 FOUNTAIN PARKWAY N
ST PETERSBURG,FL33716 		CONSULTING SERVICES 3,850,000
LEVLANE ADVERTISING INC

100 PENN SQ EAST STE 1101 N
PHILADELPHIA,PA19107 		CONSULTING SERVICES 3,464,382
2
Total number of independent contractors (including but not limited to those listed above) who received more than $100,000 of compensation from the organization MediumBullet147
Form 990 (2021)
Form 990 (2021)
Page 9
Part VIII
Statement of Revenue
Check if Schedule O contains a response or note to any line in this Part VIII.............
(A)
Total revenue 		(B)
Related or
exempt
function
revenue 		(C)
Unrelated
business
revenue 		(D)
Revenue
excluded from
tax under sections
512 - 514
Contributions, Gifts, Grants, and OtherAmt Similar Amounts 1a Federated campaigns..1a 5,215
b Membership dues..1b  
c Fundraising events..1c 320,982
d Related organizations1d 39,281,317
e Government grants (contributions)1e 128,388,029
f All other contributions, gifts, grants, and similar amounts not included above1f 40,879,474
g Noncash contributions included in lines 1a - 1f:$ 1g 905,956
h Total. Add lines 1a-1f.......MediumBullet 208,875,017
Program Service RevenueAmt Business Code
2a TUITION AND FEES 611310 1,012,945,259 1,012,945,259    
b NON-DIRECT PUB SUPPORT 541700 21,815,551 21,815,551    
c PATIENT CARE 621110 20,676,124 20,676,124    
d AUXILIARY ENTERPRISES 611710 12,633,019 12,633,019    
e OTHER PROGRAM SERVICES 611710 18,581 18,581    
f All other program service revenue.        
g Total. Add lines 2a–2f .....MediumBullet 1,068,088,534
OtherAmtRevenueAmt 3 Investment income (including dividends, interest, and othersimilar amounts) ......MediumBullet 23,716,783     23,716,783
4 Income from investment of tax-exempt bond proceedsMediumBullet 1,503     1,503
5 Royalties...........MediumBullet 2,036,635     2,036,635
(ii) Personal (i) Real
6a Gross rents   4,422,033 6a
b Less: rental expenses   1,232,980 6b
c Rental income or (loss)   3,189,053 6c
d Net rental income or (loss).......MediumBullet 3,189,053     3,189,053
(ii) Other (i) Securities
7a Gross amount from sales of assets other than inventory   91,710,698 7a
b Less: cost or other basis and sales expenses   60,260,870 7b
c Gain or (loss)   31,449,828 7c
d Net gain or (loss).........MediumBullet 31,449,828     31,449,828
8a Gross income from fundraising events (not including $ 320,982of contributions reported on line 1c). See Part IV, line 18 ....
8a 56,610
b Less: direct expenses ... 8b 228,254
c Net income or (loss) from fundraising events..MediumBullet -171,644   -171,644
9a Gross income from gaming activities.
See Part IV, line 19 ...
9a  
b Less: direct expenses ... 9b  
c Net income or (loss) from gaming activities..MediumBullet        
10a Gross sales of inventory, less
returns and allowances ..
10a  
b Less: cost of goods sold .. 10b  
c Net income or (loss) from sales of inventory..MediumBullet        
Business Code Miscellaneous Revenue
11a MISCELLANEOUS REVENUE 900099 12,883,950 11,265,715 1,618,235  
b APPLICATION SERVICE PR 541519 1,650,334   1,650,334  
c K-1 PASSTHROUGH 525990 758,400   758,400  
d All other revenue ....        
e Total. Add lines 11a–11d ...... MediumBullet 15,292,684
12 Total revenue. See instructions.....MediumBullet 1,352,478,393 1,079,354,249 4,026,969 60,222,158
Form 990 (2021)
Form 990 (2021)
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 .... 21,922,436 21,922,436
2 Grants and other assistance to domestic individuals. See Part IV, line 22 ........... 419,785,711 419,785,711
3 Grants and other assistance to foreign organizations, foreign governments, and foreign individuals. See Part IV, lines 15 and 16. ............. 2,926,385 2,926,385
4 Benefits paid to or for members .......    
5 Compensation of current officers, directors, trustees, and key employees ........... 11,341,795 3,073,419 6,803,414 1,464,962
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........ 420,878,495 359,549,260 52,344,458 8,984,777
8 Pension plan accruals and contributions (include section 401(k) and 403(b) employer contributions) .... 27,521,724 23,455,324 3,459,606 606,794
9 Other employee benefits ....... 52,103,072 42,667,844 8,246,995 1,188,233
10 Payroll taxes ........... 28,193,980 23,692,072 3,829,801 672,107
11 Fees for services (non-employees):        
a Management ...... 1,986,063 1,975,798 10,265  
b Legal ......... 3,593,086 1,592,342 2,000,744  
c Accounting ........... 1,192,184   1,192,184  
d Lobbying ........... 536,932 451,199 85,733  
e Professional fundraising services. See Part IV, line 17 58,046 58,046
f Investment management fees ...... 3,597,978   3,597,978  
g Other (If line 11g amount exceeds 10% of line 25, column (A) amount, list line 11g expenses on Schedule O) 58,308,556 51,773,687 5,666,044 868,825
12 Advertising and promotion .... 11,924,150 11,794,430 118,444 11,276
13 Office expenses ....... 38,390,261 35,122,900 2,745,740 521,621
14 Information technology ...... 24,131,060 20,684,895 2,718,415 727,750
15 Royalties .. 2,631,176 2,631,176    
16 Occupancy ........... 80,088,824 61,061,261 18,902,801 124,762
17 Travel ............ 7,509,747 6,373,032 832,211 304,504
18 Payments of travel or entertainment expenses for any federal, state, or local public officials .        
19 Conferences, conventions, and meetings .... 4,920,588 3,340,553 1,031,048 548,987
20 Interest ........... 18,389,156 16,943,824 1,445,332  
21 Payments to affiliates ....... 5,307,020 3,456,095 1,835,950 14,975
22 Depreciation, depletion, and amortization .. 49,904,155 46,384,613 3,519,542  
23 Insurance ... 9,155,119 2,587,945 6,279,872 287,302
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 BAD DEBT EXPENSE 3,576,871 3,576,871    
b PROFESSIONAL MEMBERSHIP 2,588,884 1,686,662 856,897 45,325
c RECRUITING EXPENSES 1,136,877 743,544 393,333  
d PARTICIPANT EXPENSE 1,096,025 1,082,608 13,417  
e All other expenses 14,329,417 5,737,922 8,188,981 402,514
25 Total functional expenses. Add lines 1 through 24e 1,329,025,773 1,176,073,808 136,119,205 16,832,760
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 (2021)
Form 990 (2021)
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 ........ 88,965 1 89,170
2 Savings and temporary cash investments ......... 86,082,232 2 82,770,815
3 Pledges and grants receivable, net ...... 135,234,941 3 148,599,953
4 Accounts receivable, net ............. 78,509,097 4 74,338,056
5 Loans and other receivables from any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or 35% controlled entity or family member of any of these persons .......
  5 720,000
6 Loans and other receivables from other disqualified persons (as defined under section 4958(f)(1)), and persons described in section 4958(c)(3)(B) ...
  6  
7 Notes and loans receivable, net ...........   7  
8 Inventories for sale or use ............   8  
9 Prepaid expenses and deferred charges ...... 7,048,205 9 7,911,389
10a Land, buildings, and equipment: cost or other basis. Complete Part VI of Schedule D 10a 1,568,825,593
b Less: accumulated depreciation 10b 657,074,259 900,708,248 10c 911,751,334
11 Investments—publicly traded securities . 502,046,843 11 436,090,776
12 Investments—other securities. See Part IV, line 11 ..... 492,895,000 12 514,892,000
13 Investments—program-related. See Part IV, line 11 .. 13,051,787 13 10,090,105
14 Intangible assets ...............   14  
15 Other assets. See Part IV, line 11 ........... 204,615,836 15 232,329,590
16 Total assets. Add lines 1 through 15 (must equal line 33)... 2,420,281,154 16 2,419,583,188
Liabilities 17 Accounts payable and accrued expenses ..... 184,573,053 17 207,120,936
18 Grants payable ...   18  
19 Deferred revenue ......... 139,273,833 19 149,344,290
20 Tax-exempt bond liabilities ......... 454,657,462 20 442,548,305
21 Escrow or custodial account liability. Complete Part IV of Schedule D   21  
22 Loans and other payables to any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or 35% controlled entity or family member of any of these persons .........
  22  
23 Secured mortgages and notes payable to unrelated third parties .. 104,100,000 23 104,100,000
24 Unsecured notes and loans payable to unrelated third parties ..   24  
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 198,024,636 25 241,494,995
26 Total liabilities. Add lines 17 through 25.. 1,080,628,984 26 1,144,608,526
Net Assets or Fund Balance Organizations that follow FASB ASC 958, check here MediumBullet and complete lines 27, 28, 32, and 33.
27 Net assets without donor restrictions .......... 592,807,203 27 540,668,453
28 Net assets with donor restrictions ........... 746,844,967 28 734,306,209
Organizations that do not follow FASB ASC 958, check here MediumBullet and complete lines 29 through 33.
29 Capital stock or trust principal, or current funds .....   29  
30 Paid-in or capital surplus, or land, building or equipment fund ...   30  
31 Retained earnings, endowment, accumulated income, or other funds   31  
32 Total net assets or fund balances ........... 1,339,652,170 32 1,274,974,662
33 Total liabilities and net assets/fund balances ........ 2,420,281,154 33 2,419,583,188
Form 990 (2021)
Form 990 (2021)
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
1,352,478,393
2
Total expenses (must equal Part IX, column (A), line 25) ............
2
1,329,025,773
3
Revenue less expenses. Subtract line 2 from line 1 ..............
3
23,452,620
4
Net assets or fund balances at beginning of year (must equal Part X, line 32, column (A)) ..
4
1,339,652,170
5
Net unrealized gains (losses) on investments ...............
5
-88,130,128
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
0
10
Net assets or fund balances at end of year. Combine lines 3 through 9 (must equal Part X, line 32, column (B))
10
1,274,974,662
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 on
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 (2021)
Form 990 (2021)
Additional Data


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

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 Go to www.irs.gov/Form990 for instructions and the latest information.
OMB No. 1545-0047
2021
Open to Public
Inspection
Name of the organization
DREXEL UNIVERSITY
 
Employer identification number

23-1352630
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 12, check only one box.)
1
2
3
4
5
6
7
8
9
10
11
12
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- 10 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) 2021

Schedule A (Form 990) 2021
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 failed 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) 2017 (b) 2018 (c) 2019 (d) 2020 (e) 2021 (f) Total
1 Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grant.") .. 191,291,661 179,004,281 183,627,688 241,046,762 208,875,017 1,003,845,409
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 3 191,291,661 179,004,281 183,627,688 241,046,762 208,875,017 1,003,845,409
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. 1,003,845,409
Section B. Total Support
Calendar year (or fiscal year beginning in) right arrow (a) 2017 (b) 2018 (c) 2019 (d) 2020 (e) 2021 (f) Total
7 Amounts from line 4.. 191,291,661 179,004,281 183,627,688 241,046,762 208,875,017 1,003,845,409
8 Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources... 19,628,337 20,938,548 27,296,389 20,193,143 30,176,954 118,233,371
9 Net income from unrelated business activities, whether or not the business is regularly carried on.. 3,460,327 1,854,366 999,916 930,966 1,248,759 8,494,334
10 Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.)..            
11 Total support. Add lines 7 through 10 1,130,573,114
12
12
5,446,613,454
13
First 5 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
88.790 %
15
15
83.840 %
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) 2021

Schedule A (Form 990) 2021
Page 3
Part III
Support Schedule for Organizations Described in Section 509(a)(2)
(Complete only if you checked the box on line 10 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) 2017 (b) 2018 (c) 2019 (d) 2020 (e) 2021 (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) 2017 (b) 2018 (c) 2019 (d) 2020 (e) 2021 (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 on 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) 2021

Schedule A (Form 990) 2021
Page 4
Part IV
Supporting Organizations
(Complete only if you checked a box on line 12 of Part I. If you checked box 12a, of Part I, complete Sections A and B. If you checked box 12b, of Part I, complete Sections A and C. If you checked box 12c, of Part I, complete Sections A, D, and E. If you checked box12d, 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 lines 3b and 3c 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 box 12a or 12b in Part I, answer lines 4b and 4c 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 lines 5b and 5c 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) .
7
 
 
8
Did the organization make a loan to a disqualified person (as defined in section 4958) not described on line 7? If “Yes,” complete Part I of Schedule L (Form 990).
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 on 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 on 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) 2021

Schedule A (Form 990) 2021
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 on lines 11b and 11c below, the governing body of a supported organization?
11a
 
 
b
A family member of a person described on 11a above?
11b
 
 
c
A 35% controlled entity of a person described on line 11a or 11b above? If “Yes” to 11a, 11b, or 11c, provide detail in Part VI.
11c
 
 
Section B. Type I Supporting Organizations
Yes
No
1
Did the officers, 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 line 2 above, 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 lines 2a and 2b 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 on line 2a, above 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 lines 3a and 3b 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?If "Yes" or "No", 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) 2021

Schedule A (Form 990) 2021
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 0.015 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 0.035 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) 2021

Schedule A (Form 990) 2021
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 1  
2 Amounts paid to perform activity that directly furthers exempt purposes of supported organizations, in
excess of income from activity 		2  
3 Administrative expenses paid to accomplish exempt purposes of supported organizations 3  
4 Amounts paid to acquire exempt-use assets 4  
5 Qualified set-aside amounts (prior IRS approval required - provide details in Part VI) 5  
6 Other distributions (describe in Part VI). See instructions 6  
7Total annual distributions. Add lines 1 through 6. 7  
8 Distributions to attentive supported organizations to which the organization is responsive (provide
details in Part VI). See instructions 		8  
9 Distributable amount for 2021 from Section C, line 6 9  
10 Line 8 amount divided by Line 9 amount 10  
Section E - Distribution Allocations (see instructions) (i)
Excess Distributions 		(ii)
Underdistributions
Pre-2021 		(iii)
Distributable
Amount for 2021
1 Distributable amount for 2021 from Section C, line 6  
2 Underdistributions, if any, for years prior to 2021 (reasonable cause required-- explain in Part VI).
See instructions.		  
3 Excess distributions carryover, if any, to 2021:
a From 2016.......  
b From 2017.......  
c From 2018.......  
d From 2019.......  
e From 2020.......  
fTotal of lines 3a through e  
g Applied to underdistributions of prior years  
h Applied to 2021 distributable amount  
i Carryover from 2016 not applied (see
instructions) 		 
j Remainder. Subtract lines 3g, 3h, and 3i from line 3f.  
4Distributions for 2021 from Section D, line 7:
$  
a Applied to underdistributions of prior years  
b Applied to 2021 distributable amount  
c Remainder. Subtract lines 4a and 4b from line 4.  
5 Remaining underdistributions for years prior to
2021, if any. Subtract lines 3g and 4a from line 2.
If the amount is greater than zero, explain in Part VI.
See instructions. 		 
6 Remaining underdistributions for 2021. Subtract
lines 3h and 4b from line 1. If the amount is greater
than zero, explain in Part VI. See instructions. 		 
7 Excess distributions carryover to 2022. Add lines
3j and 4c. 		 
8 Breakdown of line 7:
a Excess from 2017.....  
b Excess from 2018.....  
c Excess from 2019.....  
d Excess from 2020.....  
e Excess from 2021.....  
Schedule A (Form 990) (2021)

Schedule A (Form 990) 2021
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 (Form 990) 2021


Additional Data


Software ID:  
Software Version:  
Schedule B
(Form 990)
Department of the Treasury
Internal Revenue Service
Schedule of Contributors

Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
2021
Name of the organization
DREXEL UNIVERSITY
 
Employer identification number

23-1352630
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 isn't covered by the General Rule and/or the Special Rules doesn't 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 doesn't 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) (2021)
Schedule B (Form 990) (2021) Page 2
Name of organization
DREXEL UNIVERSITY
  		Employer identification number
23-1352630
Part I
Contributors
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) (2021)
Schedule B (Form 990) (2021)
Page 3
Name of organization
DREXEL UNIVERSITY
  		Employer identification number

23-1352630
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) (2021)
Schedule B (Form 990) (2021)
Page 4
Name of organization
DREXEL UNIVERSITY
  		Employer identification number

23-1352630
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) (2021)
Additional Data


Software ID:  
Software Version:  
SCHEDULE C
(Form 990)

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 BulletGo to www.irs.gov/Form990 for instructions and the latest information.
OMB No. 1545-0047
2021
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
DREXEL UNIVERSITY
 
Employer identification number

23-1352630
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. See instructions for definition of “political campaign activities."

2
Political campaign activity expenditures. See instructions ....................................................................SchCMd Bullet
$  
3
Volunteer hours for political campaign activities. See instructions ..................................................................
 

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.
Cat. No. 50084S
Schedule C (Form 990) 2021

Schedule C (Form 990) 2021
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) 2018 (b) 2019 (c) 2020 (d) 2021 (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) 2021


Schedule C (Form 990) 2021
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)
Yes|No
(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? ...........................................................................................................
Yes
 
b
Paid staff or management (include compensation in expenses reported on lines 1c through 1i)? ........
 
No
c
Media advertisements? ...................................................................................................
 
No
 
d
Mailings to members, legislators, or the public? .............................................................................
Yes
 
215,907
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
 
536,932
h
Rallies, demonstrations, seminars, conventions, speeches, lectures, or any similar means? ..................
 
No
 
i
Other activities? ...................................................................................................................
 
No
 
j
Total. Add lines 1c through 1i ....................................................................................................
752,839
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: LINE A - VOLUNTEERS: DREXEL UNIVERSITY HAS USED VOLUNTEERS TO HELP GET OUR MESSAGE TO ELECTED OFFICIALS. SPECIFICALLY, WE HAVE PARTICIPATED IN SUCH ACTIVITIES SUCH AS STUDENT LOBBYING DAY, SPONSORED BY THE ASSOCIATION FOR INDEPENDENT COLLEGES AND UNIVERSITIES, IN WHICH WE TAKE STUDENTS TO HARRISBURG TO MEET THEIR ELECTED OFFICIALS. THIS IS DONE IN COORDINATION WITH THE STUDENT GOVERNMENT ASSOCIATION AND THE OFFICE OF UNIVERSITY STUDENT LIFE. LINE D - MAILINGS TO MEMBERS, LEGISLATORS OR THE PUBLIC: IN CASES WHERE LEGISLATION MAY OR WILL AFFECT THE UNIVERSITY, ITS SUBSIDIARIES OR HIGHER EDUCATION AND HEALTH CARE IN GENERAL, WE MAKE CONTACT WITH LEGISLATORS THROUGH MAILINGS. THESE ARE PERSONALIZED MAILINGS AS OPPOSED TO DIRECT MAIL CAMPAIGNS. LINE G - WE HAVE DIRECT CONTACT WITH LEGISLATORS, THEIR STAFFS, AND VARIOUS GOVERNMENT OFFICIALS, OR A LEGISLATIVE BODY: WE HAVE DIRECT CONTACT WITH OUR LEGISLATORS, THEIR STAFFS, AND VARIOUS GOVERNMENT OFFICIALS THROUGHOUT THE YEAR VIA PHONE CALLS, WRITTEN CORRESPONDENCE, AND MEETINGS. THE FREQUENCY OF CONTACT DEPENDS ON THE ISSUE AT HAND.
Schedule C (Form 990) 2021


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.
SchDMd Bullet Go to www.irs.gov/Form990 for instructions and the latest information.
OMB No. 1545-0047
2021
Open to Public Inspection
Name of the organization
DREXEL UNIVERSITY
 
Employer identification number

23-1352630
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 7/25/06, 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 FASB 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 FASB 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 $ 10,858,921
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 FASB 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) 2021

Schedule D (Form 990) 2021
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 .... 891,170,000 742,896,000 752,404,000 717,995,000 639,825,000
b Contributions ... 10,604,000 11,173,000 8,682,000 16,601,000 17,490,000
c Net investment earnings, gains, and losses 2,290,000 171,591,000 14,818,000 41,768,000 79,605,000
d Grants or scholarships ... 8,696,000 10,297,000 9,657,000 7,343,000 6,921,000
e Other expenditures for facilities
and programs ... 		30,272,000 24,193,000 23,351,000 16,617,000 12,004,000
f Administrative expenses ....          
g End of year balance ...... 865,096,000 891,170,000 742,896,000 752,404,000 717,995,000
2
Provide the estimated percentage of the current year end balance (line 1g, column (a)) held as:
a
Board designated or quasi-endowment SchDMd Bullet35.040 %
b
Permanent endowment SchDMd Bullet40.090 %
c
Term endowment SchDMd Bullet24.870 %
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 .....   97,968,380 97,968,380
b Buildings ....   1,147,431,428 436,290,686 711,140,742
c Leasehold improvements   122,329,972 75,108,367 47,221,605
d Equipment ....   159,397,123 118,277,761 41,119,362
e Other .....   41,698,690 27,397,445 14,301,245
Total. Add lines 1a through 1e. (Column (d) must equal Form 990, Part X, column (B), line 10(c).)..SchDMdBullet 911,751,334
Schedule D (Form 990) 2021

Schedule D (Form 990) 2021
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) INVESTMENT AT NAV (PRIVATE EQUITY, REAL ESTATE, HEDGE FUNDS, AND OTHER)		 392,238,000 F

(B) REAL ESTATE & REAL ASSETS FUNDS		 122,654,000 F
(B)
(C)
(D)
(E)
(F)
(G)
(H)
Total. (Column (b) must equal Form 990, Part X, col. (B) line 12.)Small Bullet 514,892,000
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)OTHER 18,769,335
(2)GROUND LEASE AMORTIZATION 4,132,281
(3)CSV LIFE INSURANCE 235,669
(4)OPERATING RIGHT-OF-USE ASSETS 157,410,228
(5)FINANCE RIGHT-OF-USE ASSETS 12,890,414
(6)LOAN TO 1200 CHESTNUT GP 3,641,663
(7)LOAN TO STC HEALTHCARE PARTNERS, LLC 35,250,000
(7)
(8)
(9)
Total. (Column (b) must equal Form 990, Part X, col.(B) line 15.)...........Small Bullet 232,329,590
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  
(5)
(6)
(7)
(8)
(9)
Total. (Column (b) must equal Form 990, Part X, col.(B) line 25.)Small Bullet 241,494,995
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) 2021

Schedule D (Form 990) 2021
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 Amounts included on line 1 but not on Form 990, Part VIII, line 12:
a Net unrealized gains (losses) on investments .... 2a  
b Donated services and use of facilities ......... 2b  
c Recoveries of prior year grants ........... 2c  
d Other (Describe in Part XIII.) ............ 2d  
e Add lines 2a through 2d ..................... 2e  
3 Subtract line 2e from line 1.................. 3  
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  
b Other (Describe in Part XIII.) ........... 4b  
c Add lines 4a and 4b.................... 4c  
5 Total revenue. Add lines 3 and 4c. (This must equal Form 990, Part I, line 12.) ...... 5  
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 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  
e Add lines 2a through 2d.................... 2e  
3 Subtract line 2e from line 1................... 3  
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  
b Other (Describe in Part XIII.) ............ 4b  
c Add lines 4a and 4b..................... 4c  
5 Total expenses. Add lines 3 and 4c. (This must equal Form 990, Part I, line 18.) ...... 5  
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 DREXEL COLLECTION, FOUNDED BY A.J. DREXEL IN 1892, CONSISTS OF APPROXIMATELY 6,000 WORKS OF ART. THE FOCUS OF THE COLLECTION IS PRIMARILY 19TH CENTURY EUROPEAN ART INCLUDING PAINTINGS, SCULPTURE, PRINTS AND DRAWINGS, PORCELAIN, SILVER AND FURNITURE. THE DREXEL COLLECTION IS DISPLAYED IN THREE GALLERIES - THE ANTHONY J. DREXEL PICTURE GALLERY, THE RINCLIFFE GALLERY AND THE GALLERY IN THE PAUL PECK ALUMNI CENTER. THE ANTHONY J. DREXEL PICTURE GALLERY DISPLAYS OUR PERMANENT COLLECTION OF PRIMARILY 19TH CENTURY EUROPEAN PAINTINGS AND IS USED DAILY FOR TOURS OF THE UNIVERSITY. THE RINCLIFFE AND PAUL PECK ALUMNI GALLERIES ARE ROTATING EXHIBITION SPACES THAT INCORPORATE BOTH INTERNAL COLLECTIONS AND LOAN ITEMS AND BOTH ARE USED AS A TEACHING TOOL ABOUT EXHIBITION PLANNING AND PROGRAMMING FOR STUDENTS IN THE MUSEUM LEADERSHIP AND ARTS MANAGEMENT PROGRAMS. THE GALLERIES ARE FREE AND OPEN TO THE STUDENTS, FACULTY, STAFF AND THE PUBLIC. OBJECTS FROM THE DREXEL COLLECTION ARE ALSO DISPLAYED THROUGHOUT THE MAIN BUILDING AND UNIVERSITY CITY, CENTER CITY AND QUEEN LANE CAMPUSES. THE DISPLAYS INTERPRET THE ARTWORK TO MAKE THEM MORE RELEVANT TO THE STUDENTS, FACULTY AND STAFF. THE COLLECTION OBJECTS ARE ALSO USED FOR WORKSHOPS AND CLASSES TO DESIGN AND IMPLEMENT PUBLIC EXHIBITIONS, RESEARCH PROJECTS AND PRACTICUMS FOR STUDENTS STUDYING MUSEUM LEADERSHIP AND ART MANAGEMENT.
PART V, LINE 4: DREXEL UNIVERSITY HAD AN ENDOWMENT SPENDING RULE THAT LIMITED THE SPENDING OF ENDOWMENT RESOURCES TO 4.75% OF THE AVERAGE FAIR VALUE OF THE POOLED ENDOWMENT PORTFOLIO FOR THE PRIOR SEVEN FISCAL YEARS. TO THE EXTENT THAT THE CURRENT YIELD IS INADEQUATE TO MEET THE SPENDING RULE, A PORTION OF CUMULATIVE REALIZED NET GAINS IS AVAILABLE FOR CURRENT USE. ENDOWMENT RESOURCES ARE USED TO FUND OPERATIONS, SCHOLARSHIPS, ACADEMIC PROGRAMS AND PROFESSORSHIPS.
PART X, LINE 2: THE UNIVERSITY HAS BEEN GRANTED TAX-EXEMPT STATUS AS A NON-PROFIT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND, ACCORDINGLY, FILES FEDERAL TAX FORM 990 (RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX) ANNUALLY. THE UNIVERSITY FILES U.S. FEDERAL, STATE AND LOCAL INFORMATIONAL RETURNS. THE STATUTE OF LIMITATIONS ON THE UNIVERSITY'S U.S. FEDERAL INFORMATION RETURNS REMAINS OPEN FOR THREE YEARS FOLLOWING THE YEAR THEY ARE FILED. THE UNIVERSITY AND ITS AFFILIATES ENGAGE IN ACTIVITIES THAT ARE SUBJECT TO UNRELATED BUSINESS INCOME TAXES FOR WHICH APPROPRIATE INCOME TAX RETURNS ARE FILED. THE FINANCIAL ACCOUNTING STANDARDS BOARD ("FASB") ISSUED ACCOUNTING STANDARDS CODIFICATION ("ASC") NO.740-10, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, WHICH REQUIRES THAT A TAX POSITION BE RECOGNIZED OR DERECOGNIZED BASED ON A "MORE LIKELY THAN NOT" THRESHOLD. THE UNIVERSITY DOES NOT BELIEVE THERE ARE ANY UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION IN THE FINANCIAL STATEMENTS.
Schedule D (Form 990) 2021


Additional Data


Software ID:  
Software Version:  




SCHEDULE E(Form 990)

Department of the Treasury
Internal Revenue Service
Schools

Right pointing arrow large image Complete 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 Go to www.irs.gov/Form990EZ for the latest information.
OMB No. 1545-0047 2021Open to Public Inspection
Name of the organization
DREXEL UNIVERSITY
 
Employer identification number

23-1352630
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
 
No
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
 
No
3
Has the organization publicized its racially nondiscriminatory policy on its primary publicly accessible Internet homepage at
all times during its taxable year in a manner reasonably expected to be noticed by visitors to the homepage, or 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
 
No
 
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 990-EZ.
Cat. No. 50085D
Schedule E (Form 990) (2021)
Schedule E (Form 990) (2021)
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 DREXEL UNIVERSITY INCLUDES ITS RACIALLY NONDISCRIMINATORY POLICY ON ITS WEBSITE: HTTPS://DREXEL.EDU/OED/POLICIES/OVERVIEW/OED-1/.
SCHEDULE E, PART I, LINE 6 DREXEL UNIVERSITY RECEIVES FUNDS FROM VARIOUS FEDERAL AND STATE GOVERNMENTAL AGENCIES UNDER THEIR RESPECTIVE STUDENT FINANCIAL AID ASSISTANCE PROGRAMS. FEDERAL PROGRAMS INCLUDE THE PELL GRANT PROGRAM, SUPPLEMENTAL EDUCATION OPPORTUNITY GRANT (SEOG) PROGRAM, COLLEGE WORK STUDY (CWS) PROGRAM, AND DIRECT STUDENT LOAN PROGRAM (SUBSIDIZED, UNSUBSIDIZED, AND PLUS LOANS FOR BOTH PARENT AND GRADUATE STUDENTS). THE STATE PROGRAM IS THE PENNSYLVANIA HIGHER EDUCATION ASSISTANCE PROGRAM FOR STUDENTS. THE UNIVERSITY RECEIVES FUNDS FROM VARIOUS FEDERAL AND STATE GOVERNMENTAL AGENCIES FOR SPONSORED RESEARCH AND OTHER PROJECT GRANTS, INCLUDING NSF AND HHS. APPROPRIATIONS ARE RECEIVED FROM THE COMMONWEALTH OF PENNSYLVANIA FOR THE MD PROGRAM, GENERAL MAINTENANCE OF THE COLLEGE, STUDENT AID, MINORITY EDUCATION AND RECRUITMENT, PEDIATRIC SERVICES AND OTHER OPERATING EXPENSES THAT FURTHER OUR MISSION AND OBJECTIVES OF EDUCATION AND RESEARCH.
Schedule E (Form 990) (2021)
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 Go to www.irs.gov/Form990 for instructions and the latest information.
OMB No. 1545-0047
2021
Open to Public Inspection
Name of the organization
DREXEL UNIVERSITY
 
Employer identification number

23-1352630
Part I
General Information on Activities Outside the United States. Complete if the organization answered "Yes" on 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 the region (d) Activities conducted in region (by type) (such as, 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 the region		 (f) Total expenditures
for and investments
in the region
EUROPE 0 0 FUNDRAISING   93,475
EUROPE 0 0 PROGRAM SERVICES ATHLETICS 26,991
EUROPE 0 0 PROGRAM SERVICES CONFERENCES/TRAVEL 653,791
MIDDLE EAST & NORTH AFRICA 0 0 PROGRAM SERVICES CONFERENCES/TRAVEL 12,770
EAST ASIA AND THE PACIFIC 0 0 PROGRAM SERVICES CONFERENCE/TRAVEL 12,929
SOUTH ASIA 0 0 PROGRAM SERVICES CONFERENCES/TRAVEL 22,137
NORTH AMERICA 0 0 PROGRAM SERVICES CONFERENCES/TRAVEL 99,129
SUB-SAHARAN AFRICA 0 0 PROGRAM SERVICES CONFERENCES/TRAVEL 23,591
NORTH AMERICA 0 0 PROGRAM SERVICES RECRUITING 400
EUROPE 0 0 PROGRAM SERVICES RECRUITING 10,743
EAST ASIA AND THE PACIFIC 0 0 PROGRAM SERVICES RECRUITING 13,310
NORTH AMERICA 0 0 PROGRAM SERVICES RESEARCH 574,155
EAST ASIA AND THE PACIFIC 0 0 PROGRAM SERVICES RESEARCH 92,451
SOUTH AMERICA 0 0 PROGRAM SERVICES RESEARCH 530,590
SUB-SAHARAN AFRICA 0 0 PROGRAM SERVICES RESEARCH 201,714
CENTRAL AMERICA 0 0 PROGRAM SERVICES RESEARCH 81,120
EUROPE 0 0 PROGRAM SERVICES RESEARCH 843,008
SOUTH ASIA 0 0 PROGRAM SERVICES RESEARCH 62,200
CENTRAL AMERICA 0 0 PROGRAM SERVICES STUDY ABROAD 114,495
EUROPE 0 0 PROGRAM SERVICES STUDY ABROAD 1,200,183
NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES 0 0 PROGRAM SERVICES ATHLETICS 3,190
CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, 0 0 PROGRAM SERVICES CONFERENCES/TRAVEL 500
MIDDLE EAST AND NORTH AFRICA - ALGERIA, BAHRAIN, DJIBOUTI, EGYPT, 0 0 PROGRAM SERVICES RESEARCH 338,494
SOUTH ASIA 0 0 FUNDRAISING   10,130
SOUTH ASIA 0 0 PROGRAM SERVICES RECURITING 235
EAST ASIA AND THE PACIFIC 0 0 PROGRAM SERVICES STUDY ABROAD 1,718
SOUTH AMERICA 0 0 PROGRAM SERVICES STUDY ABROAD 1,235
SOUTH AMERICA 0 0 PROGRAM SERVICES CONFERENCES/TRAVEL 197
EAST ASIA AND THE PACIFIC 0 0 PROGRAM SERVICES CONFERENCES/TRAVEL 30,209
SUB-SAHARAN AFRICA 0 0 PROGRAM SERVICES STUDY ABROAD 250
CENTRAL AMERICA 0 0 PROGRAM SERVICES ATHLETICS 28,756
MIDDLE EAST & NORTH AFRICA 0 0 PROGRAM SERVICES RECRUITING 200
3a Sub-total .... 0 0 944,813
b Total from continuation sheets to Part I ... 0 0 4,139,483
c Totals (add lines 3a and 3b) 0 0 5,084,296
For Paperwork Reduction Act Notice, see the Instructions for Form 990.Cat. No. 50082W Schedule F (Form 990) 2021
Schedule F (Form 990) 2021
Page 2
Part II
Grants and Other Assistance to Organizations or Entities Outside the United States. Complete if the organization answered "Yes" on 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)		 (c) Region (d) Purpose of
grant 		(e) Amount of
cash grant 		(f) Manner of
cash
disbursement 		(g) Amount
of noncash
assistance 		(h) Description
of noncash
assistance 		(i) Method of
valuation
(book, FMV,
appraisal, other)
NORTH AMERICA RESEARCH 8,320 WIRE 0    
SOUTH ASIA RESEARCH 18,165 WIRE 0    
SUB-SAHARAN AFRICA RESEARCH 26,631 WIRE 0    
SOUTH AMERICA RESEARCH 31,549 WIRE 0    
SOUTH AMERICA RESEARCH 32,144 WIRE 0    
SOUTH AMERICA RESEARCH 39,431 WIRE 0    
MIDDLE EAST AND NORTH AFRICA RESEARCH 45,188 WIRE 0    
NORTH AMERICA RESEARCH 47,626 WIRE 0    
EUROPE (INCLUDING ICELAND AND GREENLAND) RESEARCH 53,076 WIRE 0    
NORTH AMERICA RESEARCH 53,455 WIRE 0    
SOUTH AMERICA RESEARCH 56,161 WIRE 0    
EAST ASIA AND THE PACIFIC RESEARCH 63,437 WIRE 0    
CENTRAL AMERICA AND THE CARIBBEAN RESEARCH 80,980 WIRE 0    
SOUTH AMERICA RESEARCH 92,837 WIRE 0    
NORTH AMERICA RESEARCH 101,498 WIRE 0    
NORTH AMERICA RESEARCH 124,108 WIRE 0    
EUROPE (INCLUDING ICELAND AND GREENLAND) RESEARCH 178,907 WIRE 0    
SOUTH AMERICA RESEARCH 191,751 WIRE 0    
NORTH AMERICA RESEARCH 245,896 WIRE 0    
MIDDLE EAST AND NORTH AFRICA RESEARCH 263,108 WIRE 0    
NOT REPORTABLE RESEARCH 1,163,118 WIRE 0    
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
21
3 Enter total number of other organizations or entities .......................MediumBullet
0
Schedule F (Form 990) 2021
Schedule F (Form 990) 2021Page 3
Part III
Grants and Other Assistance to Individuals Outside the United States. Complete if the organization answered "Yes" on 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
noncash
assistance 		(g) Description
of noncash
assistance 		(h) Method of
valuation
(book, FMV,
appraisal, other)
SCHOLARSHIPS EUROPE 2 9,000 CHECK      
               
               
               
               
               
               
               
               
               
               
               
               
               
               
               
               
               
Schedule F (Form 990) 2021
Schedule F (Form 990) 2021
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; don't file with Form 990). . . . . . . . . . . . . . . . . . . . . . . .
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; don't file with Form 990).. . . . . . . . . . . . . . . . . . . . . . . . . . . .
Schedule F (Form 990) 2021
Schedule F (Form 990) 2021
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: DREXEL'S OFFICE OF RESEARCH HAS RESPONSIBILITY FOR OVERSEEING GRANTS (TYPICALLY SUBAWARDS) TO FOREIGN ORGANIZATIONS. THE OFFICE OF RESEARCH BEGINS WITH A "PRE-AWARD PROCESS," WHICH INVOLVES GATHERING BACKGROUND INFORMATION ABOUT THE POTENTIAL GRANTEE, CONDUCTING A RISK ASSESSMENT WITH RESPECT TO THE POTENTIAL GRANTEE, DEVELOPING APPROPRIATE TERMS FOR THE GRANTS, AND ENTERING INTO A WRITTEN AGREEMENT WITH THE GRANTEE. ONCE A GRANT HAS BEEN APPROVED IN PRINCIPLE, THE OFFICE OF RESEARCH FOCUSES ON THE "OPERATIONS AND COMPLIANCE PROCESS," WHICH INVOLVES USING VISUAL COMPLIANCE TO SCREEN PAYEES AGAINST THE "SPECIALLY DESIGNATED NATIONALS" LIST OF THE TREASURY DEPARTMENT'S OFFICE OF FOREIGN ASSET CONTROL AND SIMILAR WATCH LISTS. ONCE THE GRANTEE HAS PASSED THIS SCREENING AND THERE IS A WRITTEN GRANT AGREEMENT, THE OFFICE OF RESEARCH MOVES TO THE "POST-AWARD PROCESS AND EXPENSES MONITORING." THIS INVOLVES REVIEWING PROPOSED GRANT PAYMENTS TO ENSURE THAT THE GRANTEE HAS PROVIDED APPROPRIATE DOCUMENTATION FOR THE GRANT EXPENSES AND THAT SUCH EXPENSES FALL WITHIN THE CATEGORY OF "ALLOWABLE EXPENSES" UNDER THE PARTICULAR PRIME GRANT OR CONTRACT. DREXEL ALSO REQUIRES THE PRINCIPAL INVESTIGATOR OF THE PRIME GRANT OR CONTRACT (WHO IS TYPICALLY A DREXEL PROFESSOR OR RESEARCHER) TO APPROVE THE PROPOSED PAYMENTS AND DOCUMENTATION OF THE SERVICES RENDERED PRIOR TO MAKING PAYMENT. IF THERE ARE QUESTIONS ABOUT THE USE OF FUNDS BY A GRANTEE, DREXEL CONDUCTS AN INVESTIGATION AND WITHHOLDS ANY FURTHER PAYMENT PENDING RESOLUTION OF THE INVESTIGATION.
PART I, LINE 3: THE ACCRUAL ACCOUNTING METHOD IS USED TO ACCOUNT FOR THE EXPENSES.
PART III ACCOUNTING METHOD:  
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
Schedule F (Form 990) 2021
Additional Data


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SCHEDULE G (Form 990)
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 arrowGo to www.irs.gov/Form990 for instructions and the latest information.
OMB No. 1545-0047
2021
Open to Public Inspection
Name of the organization
DREXEL UNIVERSITY
 
Employer identification number

23-1352630
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 10 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 SW
 
CEDAR RAPIDS, IA52404 		PHONE SOLICITATION PROGRAM   No 34,371 58,046 -23,675
             
             
             
             
             
             
             
             
             
Total . . . . . . . . . . . . . . . . . . . . right arrow 34,371 58,046 -23,675
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, AZ, AR, CA, CO, CT, DE, FL, GA, HI, ID, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MN, MS, MO, MT, NE, NV, NH, NJ, NM, NY, NC, ND, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VT, VA, WA, WV, WI, WY
For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.
Cat. No. 50083H
Schedule G (Form 990) 2021
Schedule G (Form 990) 2021
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

IWHL - WOMEN ONE EVENT
(event type) 		(b) Event #2

LEBOW DEAN'S CUP GOLF TOURNAMENT
(event type) 		(c) Other events

3
(total number) 		(d) Total events
(add col. (a) through col. (c))

1
Gross receipts . . . . .
200,166
65,650
111,776
377,592

2
Less: Contributions . . . .
200,166
42,040
78,776
320,982
3 Gross income (line 1 minus
line 2) . . . . . .
 
23,610
33,000
56,610



VerticalDirectExpenses
4 Cash prizes . . . . .        
5 Noncash prizes . . . .   9,121 9,903 19,024
6 Rent/facility costs . . . .   63,500 7,819 71,319
7 Food and beverages . . . 43,061   14,539 57,600
8 Entertainment . . . .        
9 Other direct expenses . . . 31,277 2,906 46,128 80,311
10 Direct expense summary. Add lines 4 through 9 in column (d) . . . . . . . . . . right arrow 228,254
11 Net income summary. Subtract line 10 from line 3, column (d). . . . . . . . . . right arrow -171,644
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 . . .
 
 
 
 


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) 2021
Schedule G (Form 990) 2021
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 provide any additional information. See instructions.
Return Reference Explanation
Schedule G (Form 990) 2021
Additional Data


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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 Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
2021
Open to Public
Inspection
Name of the organization
DREXEL UNIVERSITY
 
Employer identification number
23-1352630
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
noncash assistance		 (h) Purpose of grant
or assistance
(1) CLARITY ASSESSMENT SYSTEMS LTD
300 LAKESHORE RD
OSWEGO,NY13126 		85-2450527 501 C 3 124,041 0     RESEARCH
(2) 100 BLACK MEN OF AMERICA INC
141 AUBURN AVE NE
ATLANTA,GA30303 		58-1974429 501 C 3 53,984 0     RESEARCH
(3) 21ST CENTURY PARTNERSHIP FOR STEM EDUCATION
375 EAST ELM STREET SUITE 215
CONSHOHOCKEN,PA19428 		26-1164919 501 C 3 192,520 0     RESEARCH
(4) AAPLASMA
1325 S 33RD ST STE 101
PHILADELPHIA,PA19146 		82-2448686 FOR-PROFIT 92,507 0     RESEARCH
(5) APEX MILLS CORPORATION
168 DOUGHERTY BLVD PO BOX 960670
INWOOD,NY11096 		13-1809350 FOR-PROFIT 171,882 0     RESEARCH
(6) ARXIS LEAGUE INC
536 73RD STREET
BROOKLYN,NY11209 		27-0466398 FOR-PROFIT 142,000 0     RESEARCH
(7) AUGUSTA UNIVERSITY RESEARCH INSTITUTE INC
1120 15TH STREET
AUGUSTA,GA30912 		58-1418202 501 C 3 26,751 0     RESEARCH
(8) BCDI - PHILADELPHIA & VICINITY
5100 HAZEL AVE
PHILADELPHIA,PA19143 		26-0472689 501 C 3 20,000 0     RESEARCH
(9) BELMONT CHARTER SCHOOL
4030 BROWN ST
PHILADELPHIA,PA19104 		37-1437182 501 C 3 58,500 0     RESEARCH
(10) BETH ISRAEL DEACONESS MEDICAL CTR
330 BROOKLINE AVE BL556
BOSTON,MA02215 		04-2103881 501 C 3 22,342 0     RESEARCH
(11) BETHANNA
1030 SECOND ST PIKE
SOUTHAMPTON,PA18966 		23-1649667 501 C 3 40,000 0     RESEARCH
(12) BLACK WOMEN'S HEALTH IMPERATIVE
700 PENNSYLVANIA AVE STE 2059
WASHINGTON,DC20003 		58-1557556 501 C 3 57,120 0     RESEARCH
(13) BOARD OF REGENTS UNIV OF WISCONSIN
HARLOW CENTER FOR BIOLOGICAL
PSYCHOLOGY 22 N CHARTER ST
MADISON,WI53715 		39-6006492 501 C 3 31,615 0     RESEARCH
(14) BRIGHAM AND WOMEN'S HOSPITAL
BRINGHAM AND WOMENS HOPSITAL -
RESEARCH FINANCE BANK OF AMERICA NA
BOSTON,MA02241 		04-2312909 501 C 3 33,633 0     RESEARCH
(15) CALIFORNIA STATE UNIVERSITY SAN MARCOS CORPORATION
333 S TWIN OAKS VALLEY RD
SAN MARCOS,CA92096 		33-0397688 501 C 3 15,445 0     RESEARCH
(16) CASE WESTERN RESERVE UNIVERSITY
PO BOX 74056
CLEVELAND,OH44194 		34-1018992 501 C 3 266,837 0     RESEARCH
(17) CHEYNEY UNIVERSITY
P O BOX 138
CHEYNEY,PA19319 		23-2478688 115 5,565 0     RESEARCH
(18) CHILDRENS HOSPITAL LOS ANGELES
4650 SUNSET BOULEVARD MAILSTOP 84
LOS ANGELES,CA90027 		95-1690977 501 C 3 917,116 0     RESEARCH
(19) CHILDREN'S HOSPITAL OF PHILADELPHIA
AARON J MASINO PHD LAB DEPT
BIOMEDICAL AND HEALTH INFORMATICS 2
PHILADELPHIA,PA19146 		23-1352166 501 C 3 262,744 0     RESEARCH
(20) CHILDREN'S LITERACY INITIATIVE
990 SPRING GARDEN ST SUITE 400
PHILADELPHIA,PA19123 		23-2515768 501 C 3 60,000 0     RESEARCH
(21) CITY OF PHILADELPHIA
OFFICE OF CHILDREN AND FAMILIES
1515 ARCH ST 8TH FLOOR
PHILADELPHIA,PA19102 		23-6003047 115 258,228 0     RESEARCH
(22) COLORADO SCHOOL OF MINES
PO BOX 735377
DALLAS,TX75373 		84-6000551 501 C 3 64,846 0     RESEARCH
(23) COMMUNITIES IN SCHOOLS OF PHILADELPHIA INC
5407 GRAYS AVENUE
PHILADELPHIA,PA19143 		23-2410538 501 C 3 112,500 0     RESEARCH
(24) COMMUNITY COLLEGE OF PHILADELPHIA
GRANTS OFFICE 1700 SPRING GARDEN
STREET BG-38
PHILADELPHIA,PA19130 		23-2612698 115 19,479 0     RESEARCH
(25) COMMUNITY INEGRATED SERVICES
441 N 5TH ST
PHILADELPHIA,PA19123 		23-2648381 501 C 3 18,150 0     RESEARCH
(26) COOPER HEALTH SYSTEM
1 FEDERAL STREET SUITE NW-400A
CAMDEN,NJ081031161 		21-0634462 501 C 3 17,977 0     RESEARCH
(27) DANA-FARBER CANCER INSTITUTE
RESEARCH ACCOUNTING MAIL STOP BP451
450 BROOKLINE AVE
BOSTON,MA02215 		04-2263040 501 C 3 308,828 0     RESEARCH
(28) DELAWARE STATE UNIV
1200 N DUPONT HWY
DOVER,DE19901 		51-0305893 501 C 3 491,743 0     RESEARCH
(29) DELTA SIGMA THETA SORORITY INC
1707 NEW HAMPSHIRE AVE NW
WASHINGTON,DC20009 		53-0215218 501 C 7 42,896 0     RESEARCH
(30) DUKE UNIVERSITY
VIRAL VECTOR CORE DEPARTMENT OF
NEUROBIOLOGY SCHOOL OF MEDICINE
DURHAM,NC27710 		56-0532129 501 C 3 20,742 0     RESEARCH
(31) EDUCATION PLUS HEALTH
100 W OXFORD ST E-1100
PHILADELPHIA,PA191226091 		82-0374669 501 C 3 13,204 0     RESEARCH
(32) EDUCATIONAL DATA SYSTEMS INC
15300 COMMERCE DRIVE N STE 200
DEARBORN,MI48120 		38-2272565 FOR-PROFIT 135,313 0     RESEARCH
(33) EMORY UNIVERSITY
1518 CLIFTON ROAD ROOM 266 MAILSTOP
MS 1518-002-5AA
ATLANTA,GA30322 		58-0566256 501 C 3 695,244 0     RESEARCH
(34) ENERGY COORDINATING AGENCY OF PHILADELPHIA
106 W CLEARFIELD ST
PHILADELPHIA,PA19133 		22-2602113 501 C 3 25,764 0     RESEARCH
(35) ESPERANZA
4261 N FIFTH ST
PHILADELPHIA,PA19140 		46-3447591 501 C 3 5,100 0     RESEARCH
(36) FAB YOUTH PHILLY
1928 E ARIZONA ST
PHILADELPHIA,PA191251502 		46-3447591 FOR-PROFIT 224,426 0     RESEARCH
(37) FIRST UP
1608 WALNUT STREET SUITE 300
PHILADELPHIA,PA19103 		23-6438144 501 C 3 199,589 0     RESEARCH
(38) FREE LIBRARY OF PHILADELPHIA FOUNDATION
1901 VINE ST
PHILADELPHIA,PA19103 		52-1173474 501 C 3 9,000 0     RESEARCH
(39) GEORGIA TECH RESEARCH CORP
P O BOX 100117
ATLANTA,GA30384 		58-0603146 501 C 3 98,890 0     RESEARCH
(40) GREENER PARTNERS
PO BOX 221
FAIRVIEW VILLAGE,PA19409 		26-2212927 501 C 3 116,624 0     RESEARCH
(41) HARVARD UNIVERSITY
FXB CENTER FOR HEALTH AND HUMAN
RIGHTS 651 HUNTINGTON AVENUE 7TH FL
BOSTON,MA02115 		04-2103580 501 C 3 104,895 0     RESEARCH
(42) ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI
PO BOX 3500 SPONSORED PROJECTS
FINANCE ONE GUSTAVE LEVY PL
NEW YORK,NY10029 		13-6171197 501 C 3 546,887 0     RESEARCH
(43) INDIANA UNIVERSITY
DEPT 78867 PO BOX 78000
DETROIT,MI48278 		35-6001673 501 C 3 99,621 0     RESEARCH
(44) INFRASCAN INC
3508 MARKET ST STE 128
PHILADELPHIA,PA19104 		20-1406136 FOR-PROFIT 99,577 0     RESEARCH
(45) INQUIRY SCHOOLS INC
PO BOX 30377
PHILADELPHIA,PA19103 		46-2735104 501 C 3 55,000 0     RESEARCH
(46) JOHNS HOPKINS UNIVERSITY
PO BOX 65045
BALTIMORE,MD21264 		52-0595110 501 C 3 557,033 0     RESEARCH
(47) KAISER FOUNDATION RESEARCH INSTITUTE
2000 BROADWAY
OAKLAND,CA94612 		94-1105628 501 C 3 117,529 0     RESEARCH
(48) KENNEDY KRIEGER INSTITUTE INC
HUGO W MOSER RESEARCH 707 N
BROADWAY
BALTIMORE,MD21205 		52-1524965 501 C 3 214,030 0     RESEARCH
(49) LINCOLN UNIVERSITY
GRANT ACCOUNTING OFFICE OF THE
CONTROLLER 1570 BALTIMORE PIKE
LINCOLN UNIVERSITY,PA19352 		23-1352655 501 C 3 17,001 0     RESEARCH
(50) MEDICAL DECISION LOGIC INC
7921 RUXWAY ROAD
TOWSON,MD212043515 		52-2065265 FOR-PROFIT 195,000 0     RESEARCH
(51) MEDICAL FACULTY ASSOCIATES INC
GCAS DIRECTOR PO BOX 829896
PHILADELPHIA,PA19182 		52-2220700 501 C 3 9,179 0     RESEARCH
(52) MEDICAL UNIVERSITY OF SOUTH CAROLINA
CAROLINA LIBRARY 171 ASHLEY AVE MSC
403
CHARLESTON,SC294253001 		57-6000722 115 269,732 0     RESEARCH
(53) MENTAL HEALTH PARTNERSHIPS INC
PO BOX 40049
PHILADELPHIA,PA19106 		57-6000722 501 C 3 22,500 0     RESEARCH
(54) MONTANA STATE UNIVERSITY
PO BOX 172470
BOZEMAN,MT59717 		81-6010045 115 15,628 0     RESEARCH
(55) NAACP EMPOWERMENT PROGRAMS INC
4805 MOUNT HOPE DR
BALTIMORE,MD21215 		13-1084135 501 C 3 56,459 0     RESEARCH
(56) NATIONAL BLACK CHILD DEVELOPMENT INSTITUTE
8455 COLESVILLE ROAD SUITE 910
SILVER SPRING,MD20910 		52-0908178 501 C 3 36,960 0     RESEARCH
(57) NEW YORK UNIVERSITY
70 WASHINGTON SQUARE SOUTH LL2033
NEW YORK,NY10012 		13-5562308 501 C 3 95,530 0     RESEARCH
(58) NORTHWESTERN UNIVERSITY
1801 MAPLE AVE STE 2410
EVANSTON,IL60201 		36-2167817 501 C 3 6,822 0     RESEARCH
(59) PA CHAPTER OF THE AMERICAN ACADEMY OF PEDIATRICS
1400 N PROVIDENCE RD STE 3007
MEDIA,PA19063 		23-7135840 501 C 3 10,024 0     RESEARCH
(60) PENNSYLVANIA STATE UNIVERSITY
UNIVERSITY LIBRARIES BUSINESS
OFFICE 512 PATERNO LIBRARY
UNIVERSITY PARK,PA16802 		24-6000376 115 50,843 0     RESEARCH
(61) PEOPLE'S EMERGENCY CENTER
325 N 39TH ST
PHILADELPHIA,PA19104 		23-2017882 501 C 3 140,000 0     RESEARCH
(62) PHILADELPHIA ACADEMIES INC
244 AMBERFIELD DRIVE
MOUNT LAUREL,NJ08054 		22-2442433 501 C 3 161,750 0     RESEARCH
(63) PLAYWORKS EDUCATION ENERGIZED
ACCOUNTS RECEIVABLE PO BOX 7834
SAN FRANCISCO,CA94120 		94-3251867 501 C 3 214,000 0     RESEARCH
(64) POPULATION COUNCIL
ONE DAG HAMMARSKJOLD PLAZA 3RD
FLOOR
NEW YORK,NY10017 		13-1687001 501 C 3 69,263 0     RESEARCH
(65) PPG INDUSTRIES INC
4004 FAIRVIEW INDUSTRIAL DR S E
SALEM,OR97302 		25-1612585 FOR-PROFIT 25,339 0     RESEARCH
(66) PREVENTION POINT PHILADELPHIA
2913 KENSINGTON AVE
PHILADELPHIA,PA19143 		23-2663699 501 C 3 41,525 0     RESEARCH
(67) PUBLIC HEALTH MANAGEMENT CORPORATION
1500 MARKET ST SUITE LM500
PHILADELPHIA,PA19102 		23-7221025 501 C 3 68,850 0     RESEARCH
(68) REACH BEYOND SOLUTIONS LLC
9020 STEBBING WAY UNIT G
LAUREL,MD20723 		82-1700506 FOR-PROFIT 164,788 0     RESEARCH
(69) READING HOSPITAL
420 SOUTH FIFTH AVENUE DOB SUITE
355
WEST READING,PA19611 		23-1352204 501 C 3 137,336 0     RESEARCH
(70) REGENTS OF THE UNIV OF MICHIGAN
DEPT OF RADIATION ONCOLOGY 1500 E
MEDICAL CENTER DR SPC 5010
ANN ARBOR,MI481095010 		38-6006309 501 C 3 166,509 0     RESEARCH
(71) REGENTS OF THE UNIVERSITY OF CALIFONIA OF SAN DIEGO
9500 GILMAN DR MAIL CODE 0954
LA JOLLA,CA92093 		95-6006144 501 C 3 19,280 0     RESEARCH
(72) REGENTS OF THE UNIVERSITY OF CALIFORNIA
INTEGRATIVE BIOLOGY PHYSIOLOGY BOX
957246 250 HERSHEY HALL
LOS ANGELES,CA900957246 		95-6006143 501 C 3 774,656 0     RESEARCH
(73) REGENTS OF THE UNIVERSITY OF CALIFORNIA AT IRVINE
120 THEORY SUITE 200
IRVINE,CA926971050 		95-2226406 501 C 3 68,266 0     RESEARCH
(74) REGENTS OF THE UNIVERSITY OF CALIFORNIA BERKELEY
CONTRACTS AND GRANTS ACCOUNTING
2195 HEARST AVE RM130 MC1103
BERKELEY,CA947201103 		94-6002123 501 C 3 98,298 0     RESEARCH
(75) REGENTS OF THE UNIVERSITY OF MINNESOTA
REGENTS OF THE UNIV NW 5957 P O BOX
1450
MINNEAPOLIS,MN55485 		41-6007513 501 C 3 10,623 0     RESEARCH
(76) REGENTS OF UNIV OF CALIFORNIA BERKELEY
CONTRACTS GRANT ACCOUNTING 2195
HEARST AVE RM130 MC1103
BERKELEY,CA947201103 		94-6002123 501 C 3 2,184,551 0     RESEARCH
(77) REGENTS OF UNIVERSITY OF CALIFORNIA DAVIS
UC DAVIS AR LOCKBOX PO BOX 741816
LOS ANGELES,CA900741816 		94-6036494 501 C 3 1,173,571 0     RESEARCH
(78) RESEARCH FOUNDATION OF THE STATE OF UNIVERSITY OF NEW YORK
OFFICE OF SPONSORED PROGRAMS W5510
MELVILLE LIBRARY
STONY BROOK,NY117943362 		14-1368361 501 C 3 32,326 0     RESEARCH
(79) RESEARCH TRIANGLE INSTITUTE
PO BOX 900002
RALEIGH,NC276759000 		56-0686338 501 C 3 15,718 0     RESEARCH
(80) ROCHESTER INSTITUTE OF TECHNOLOGY
RIT CHAPTER OF SOCIETY OF ASIAN
SCIENTISTS AND ENGINEERS 27 LOMB ME
ROCHESTER,NY14623 		16-0743140 501 C 3 128,750 0     RESEARCH
(81) ROWAN UNIVERSITY
201 MULLICA HILL RD
GLASSBORO,NJ08028 		22-2764819 115 182,266 0     RESEARCH
(82) SCHOOL DISTRICT OF PHILA
4901 CHESTNUT STREET
PHILADELPHIA,PA19139 		23-7091186 501 C 3 1,425,306 0     RESEARCH
(83) ST JOSEPH'S UNIVERSITY
SJU ATHLETICS 5600 CITY AVE
PHILADELPHIA,PA19131 		23-1352674 501 C 3 11,677 0     RESEARCH
(84) ST JUDE CHILDRENS RESEARCH HOSPITAL
PO BOX 1000 DEPARTMENT 949
MEMPHIS,TN38148 		62-0646012 501 C 3 62,187 0     RESEARCH
(85) STEPPINGSTONE SCHOLARS INC
1301 CECIL B MOORE AVENUE RITTER
ANNEX 004-016
PHILADELPHIA,PA191226091 		42-1612131 501 C 3 116,900 0     RESEARCH
(86) STOCKTON UNIVERSITY
101 VERA KING FARRIS DR
GALLOWAY,NJ08205 		22-2832788 501 C 3 29,566 0     RESEARCH
(87) SUNRISE OF PHILADELPHIA INC
907 CENTRELL ST
PHILADELPHIA,PA19148 		23-3043690 501 C 3 297,500 0     RESEARCH
(88) SUNY (STATE UNIVERSITY OF NEW YORK)
SUNY GENESO IDS PROJECT 1 COLLEGE
CIRCLE
GENESEO,NY14454 		14-6013200 115 40,164 0     RESEARCH
(89) TEMPLE UNIVERSITY
WRTI-FM TEMPLE UNIV WRTI
UNDERWRITING PO BOX 826851
PHILADELPHIA,PA191826851 		23-1365971 501 C 3 365,848 0     RESEARCH
(90) TEXAS A&M UNIVERSITY
OFFICE OF SPONSORED RESEARCH
SERVICES 400 HARVEY MITCHELL PKWY S
COLLEGE STATION,TX77845 		74-6000531 115 232,344 0     RESEARCH
(91) THE CATHOLIC UNIVERSITY OF AMERICA
620 MICHIGAN AVE NE MCMAHON HALL
WASHINGTON,DC20064 		53-0196583 501 C 3 5,344 0     RESEARCH
(92) THE REGENTS OF NEW MEXICO STATE UNIVERSITY
PO BOX 30002
LAS CRUCES,NM88003 		85-6000401 115 97,091 0     RESEARCH
(93) THE STATE UNIVERSITY RUTGER
JC NERR 132 GREAT BAY BLVD
TUCKERTON,NJ08087 		22-6001086 501 C 3 25,500 0     RESEARCH
(94) THOMAS JEFFERSON UNIV
DEPT OF PATHOLOGY ANATOMY CELL BIO
1020 LOCUST ST RM 212
PHILADELPHIA,PA191076731 		23-1352651 501 C 3 95,389 0     RESEARCH
(95) TRUSTEES OF BOSTON UNIVERSITY
BOSTON UNIVERSITY GIFT PROCESSING
C/O JPMORGAN CHASE CO PO BOX 22605
NEW YORK,NY10087 		04-2103547 501 C 3 8,134 0     RESEARCH
(96) TRUSTEES OF COLUMBIA UNIVERSITY IN THE CITY OF NEW YORK
COLUMBIA UNIVERSITY PRESS 61 WEST
62ND STREET
NEW YORK,NY10023 		13-5598093 501 C 3 373,102 0     RESEARCH
(97) TRUSTEES OF THE UNIVERSITY OF ILLINOIS
UNIVERSITY OF ILLINOIS PAYMENT
CENTER GENERAL A/R 28394 NETWORK PL
CHICAGO,IL606731283 		37-6000511 501 C 3 462,990 0     RESEARCH
(98) TRUSTEES OF THE UNIVERSITY OF PENNSYLVANIA
ISC BILLING 3401 WALNUT ST STE 221A
PHILADELPHIA,PA19104 		23-1352685 501 C 3 1,180,377 0     RESEARCH
(99) TRUSTEES OF TUFTS COLLEGE
POST-AWARD RESEARCH ADMINISTRATION
136 HARRISON AVE
BOSTON,MA02111 		04-2103634 501 C 3 61,166 0     RESEARCH
(100) UNIV OF CONNECTICUT
HBT LIBRARY ILL DEPARTMENT 1800
ASYLUM AVE
WEST HARTFORD,CT06117 		06-0772160 501 C 3 489,936 0     RESEARCH
(101) UNIVERSITY CITY DISTRICT
3940-42 CHESTNUT ST
PHILADELPHIA,PA19104 		23-2913784 501 C 3 102,677 0     RESEARCH
(102) UNIVERSITY OF ARIZONA
SPONSORED PROJECTS CONTRACTING
SERVICES P O BOX 41867
TUCSON,AZ85717 		74-2652689 115 19,871 0     RESEARCH
(103) UNIVERSITY OF CHICAGO
105 WEST ADAMS STREET SUITE 1700
CHICAGO,IL60603 		36-2177139 501 C 3 62,917 0     RESEARCH
(104) UNIVERSITY OF COLORADO
B130 WOLF LAW BUILDING 401 UCB
BOULDER,CO80309 		84-6000555 501 C 3 99,036 0     RESEARCH
(105) UNIVERSITY OF DELAWARE
FENCING CLUB 210 SOUTH COLLEGE AVE
NEWARK,DE19716 		51-6000297 501 C 3 113,678 0     RESEARCH
(106) UNIVERSITY OF HOUSTON
TREASURERS OFFICE PO BOX 988
HOUSTON,TX77001 		74-6001399 501 C 3 14,110 0     RESEARCH
(107) UNIVERSITY OF KANSAS
CENTER FOR RESEARCH INC ACCOUNTS
RECEIVABLE 2385 IRVING HILL ROAD
LAWRENCE,KS660457568 		48-0680117 115 29,194 0     RESEARCH
(108) UNIVERSITY OF LOUISVILLE RESEARCH FOUNDATION
SPONSORED PROGRAMS ADMIN-FINANCE
300 EAST MARKET STREET STE 300
LOUISVILLE,KY402021959 		61-1029626 501 C 3 60,853 0     RESEARCH
(109) UNIVERSITY OF MARYLAND COLLEGE PARK
DIVISION OF RESEARCH SPONSORED
PROGRAMS ACCOUNTING COMPLIANCE ROOM
COLLEGE PARK,MD20742 		52-6002033 501 C 3 252,887 0     RESEARCH
(110) UNIVERSITY OF MIAMI
COLLABORATIVE INSTITUTIONAL
TRAINING INITIATIVE PROGRAM PO BOX
MIAMI,FL33102 		59-0624458 501 C 3 26,459 0     RESEARCH
(111) UNIVERSITY OF MISSISSIPPI MEDICAL CENTER
2500 NORTH STATE ST ROOM U-019
JACKSON,MS39216 		64-6008520 501 C 3 49,739 0     RESEARCH
(112) UNIVERSITY OF NEBRASKA MEDICAL CENTER
ACCOUNTS RECEIVABLE 985045 NEBRASKA
MEDICAL CENTER
OMAHA,NH68198 		47-0049123 501 C 3 5,660 0     RESEARCH
(113) UNIVERSITY OF NORTH CAROLINA AT CHAPEL HILL
ADD HEALTH/CAROLINA POPULATION CTR
CAROLINA SQUARE SUITE 510 123 WEST
CHAPEL HILL,NC275162524 		56-6001393 501 C 3 278,998 0     RESEARCH
(114) UNIVERSITY OF NORTH DAKOTA
SCHOOL OF MEDICINE DEPT OF
BIOMEDICAL SCI 501 N COLUMBIA RD ST
GRAND FORKS,ND58202 		45-6002491 115 44,279 0     RESEARCH
(115) UNIVERSITY OF PITTSBURGH
116 ATWOOD ST STE 201
PITTSBURGH,PA15260 		25-0965591 501 C 3 81,559 0     RESEARCH
(116) UNIVERSITY OF ROCHESTER
RUTH MERILL CENTER WILSON COMMONS
ROCHESTER,NY14627 		16-0743209 501 C 3 32,659 0     RESEARCH
(117) UNIVERSITY OF TEXAS AT AUSTIN
THE ORDER OF BARRISTERS THE
UNIVERSITY OF TEXAS SCHOOL OF LAW 7
AUSTIN,TX78705 		74-6000203 501 C 3 50,005 0     RESEARCH
(118) UNIVERSITY OF THE SCIENCES IN PHILADELPHIA
600 S 43RD STREET
PHILADELPHIA,PA19104 		23-1352668 501 C 3 117,195 0     RESEARCH
(119) UNIVERSITY OF VIRGINIA
1001 N EMMET ST
CHARLOTTESVILLE,VA22903 		54-6001796 501 C 3 9,514 0     RESEARCH
(120) UNIVERSITY OF WASHINGTON
DEPT OF LABMED PO BOX 9468
SEATTLE,WA981090468 		91-6001537 115 181,654 0     RESEARCH
(121) URBAN LEAGUE OF PHILADELPHIA
FISCAL DEPARTMENT THE URBAN LEAGUE
OF PHILADELPHIA 121 SOUTH BROAD STR
PHILADELPHIA,PA19107 		23-1429810 FOR-PROFIT 150,000 0     RESEARCH
(122) URSINUS COLLEGE
601 E MAIN ST
COLLEGEVILLE,PA19426 		23-1177930 501 C 3 7,509 0     RESEARCH
(123) VANDERBILT UNIVERSITY
OFFICE OF CONTRACT GRANT ACCOUNTING
2301 VANDERBILT PLACE PMB 401591
NASHVILLE,TN372401591 		62-0476822 501 C 3 27,186 0     RESEARCH
(124) VERA INSTITUTE OF JUSTICE
34 35TH STREET SUITE 4-2A
BROOKLYN,NY11232 		13-1941627 501 C 3 36,926 0     RESEARCH
(125) VILLANOVA UNIVERSITY
CHARLES WIDGER SCHOOL OF LAW 299 N
SPRING MILL RD SUITE 208
VILLANOVA,PA190851597 		23-1352688 501 C 3 61,310 0     RESEARCH
(126) VIRGINIA COMMONWEALTH UNIVERSITY
800 E LEIGH ST SUITE 3100
RICHMOND,VA23298 		54-6001758 115 15,326 0     RESEARCH
(127) VIRGINIA POLYTECHNIC INSTITUTE AND STATE UNIVERSITY
NORTH END CENTER SUITE 4200 300
TURNER STREET NW
BLACKSBURG,VA24061 		54-6001805 501 C 3 5,371 0     RESEARCH
(128) WAKE FOREST UNIVERSITY HEALTH SCIENCES
OFFICE OF SPONSORED PROGRAMS
MEDICAL CENTER BLVD
WINSTON SALEM,NC27157 		22-3849199 501 C 3 17,456 0     RESEARCH
(129) WASHINGTON UNIVERSITY
CAMPUS BOX 8230 660 S EUCLID AVE
SAINT LOUIS,MO63110 		43-0653611 501 C 3 20,316 0     RESEARCH
(130) WEILL MEDICAL COLLEGE OF CORNELL UNIVERSITY
GRANTS AND CONTRACTS ACCOUNTING PO
BOX 22371
NEW YORK,NY10087 		13-1623978 501 C 3 173,153 0     RESEARCH
(131) WISTAR INSTITUTE OF ANATOMY AND BIOLOGY
3601 SPRUCE ST
PHILADELPHIA,PA191044265 		23-6434390 501 C 3 120,720 0     RESEARCH
(132) YALE UNIVERSITY
BREANNE PORTER MOCK TRIAL 206 ELM
ST PO BOX 203745
NEW HAVEN,CT06520 		06-0646973 501 C 3 291,678 0     RESEARCH
2
Enter total number of section 501(c)(3) and government organizations listed in the line 1 table ................. Bullet Image
121
3
Enter total number of other organizations listed in the line 1 table ........................ . Bullet Image
11
For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 50055P
Schedule I (Form 990) 2021

Schedule I (Form 990) 2021
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
noncash assistance		 (e) Method of valuation (book,
FMV, appraisal, other)		 (f) Description of noncash assistance
(1) SCHOLARSHIPS 25022 417,781,300   BOOK  
(2) AWARDS 100 112,442   BOOK  
(3) FELLOWSHIPS 86 1,891,969   BOOK  
(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 PRINCIPAL INVESTIGATOR HAVING RESPONSIBILITY FOR THE GRANT MONITORS SUBCONTRACTOR PERFORMANCE BASED ON THE PROGRAM'S TASKS AND GOALS. THE PRINCIPAL INVESTIGATOR REVIEWS THE PERFORMANCE BEFORE AUTHORIZING THE SUBCONTRACTOR'S INVOICE FOR PAYMENT.
Schedule I (Form 990) 2021



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 Go to www.irs.gov/Form990 for instructions and the latest information.
OMB No. 1545-0047
2021
Open to Public Inspection
Name of the organization
DREXEL UNIVERSITY
 
Employer identification number

23-1352630
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 on 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
 
No
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 on 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 nonfixed
payments not described in lines 5 and 6? If "Yes," describe in Part III ............
7
 
No
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) 2021

Schedule J (Form 990) 2021
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, 1099-MISC compensation, and/or 1099-NEC (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
1JOHN A FRY
PRESIDENT 		(i)

(ii)		 765,164
-------------
0 		350,000
-------------
0 		1,469,428
-------------
0 		166,041
-------------
0 		15,044
-------------
0 		2,765,677
-------------
0 		900,000
-------------
0
2CHARLES CAIRNS
DEAN & SVP, MED AFFAIRS CO 		(i)

(ii)		 690,562
-------------
0 		150,000
-------------
0 		55,794
-------------
0 		90,950
-------------
0 		17,588
-------------
0 		1,004,894
-------------
0 		0
-------------
0
3HELEN Y BOWMAN
EXECUTIVE VP/TREASURER/COO 		(i)

(ii)		 631,499
-------------
0 		200,000
-------------
0 		22,556
-------------
0 		90,950
-------------
0 		18,477
-------------
0 		963,482
-------------
0 		0
-------------
0
4DAVID L UNRUH
SVP INST ADVANCEMENT 		(i)

(ii)		 468,711
-------------
0 		75,000
-------------
0 		172,177
-------------
0 		65,950
-------------
0 		18,477
-------------
0 		800,315
-------------
0 		75,000
-------------
0
5PAUL JENSEN
SVP & NINA HENDERSON PROVO 		(i)

(ii)		 582,380
-------------
0 		155,000
-------------
0 		27,678
-------------
0 		15,950
-------------
0 		18,477
-------------
0 		799,485
-------------
0 		0
-------------
0
6ELISABETH VAN BOCKSTAELE
SVP GRAD. AND ONLINE ED. 		(i)

(ii)		 479,103
-------------
0 		100,000
-------------
0 		13,219
-------------
0 		65,950
-------------
0 		18,477
-------------
0 		676,749
-------------
0 		0
-------------
0
7MICHAEL J EXLER ESQ
SVP AND GENERAL COUNSEL 		(i)

(ii)		 464,078
-------------
0 		100,000
-------------
0 		19,023
-------------
0 		65,950
-------------
0 		18,477
-------------
0 		667,528
-------------
0 		0
-------------
0
8MEGAN WEYLER
SVP AND CHRO 		(i)

(ii)		 404,867
-------------
0 		126,600
-------------
0 		12,417
-------------
0 		63,050
-------------
0 		7,395
-------------
0 		614,329
-------------
0 		0
-------------
0
9ZACHARY SPIKER
HEAD COACH, BASKETBALL 		(i)

(ii)		 459,422
-------------
0 		25,000
-------------
0 		15,850
-------------
0 		13,050
-------------
0 		17,769
-------------
0 		531,091
-------------
0 		0
-------------
0
10SUBIR SAHU
SVP STUDENT SUCCESS 		(i)

(ii)		 328,272
-------------
0 		100,000
-------------
0 		4,463
-------------
0 		63,050
-------------
0 		18,231
-------------
0 		514,016
-------------
0 		0
-------------
0
11DANIEL SCHIDLOW
FORMER DEAN EMERITUS, COM 		(i)

(ii)		 449,302
-------------
0 		0
-------------
0 		26,577
-------------
0 		15,950
-------------
0 		3,555
-------------
0 		495,384
-------------
0 		0
-------------
0
12THOMAS DECHIARO
VP, INFORMATION TECH & CIO 		(i)

(ii)		 362,088
-------------
0 		56,750
-------------
0 		19,909
-------------
0 		40,950
-------------
0 		9,942
-------------
0 		489,639
-------------
0 		0
-------------
0
13PAUL BRANDT-RAUF
DEAN, SCHOOL OF BIOMEDICAL 		(i)

(ii)		 435,729
-------------
0 		0
-------------
0 		14,840
-------------
0 		15,950
-------------
0 		8,810
-------------
0 		475,329
-------------
0 		0
-------------
0
14EVELYN THIMBA
SVP ENROLLMENT MANAGEMENT 		(i)

(ii)		 312,823
-------------
0 		75,000
-------------
0 		3,770
-------------
0 		63,050
-------------
0 		17,588
-------------
0 		472,231
-------------
0 		0
-------------
0
15DONNA MURASKO PHD
FORMER DEAN, COLLEGE OF AR 		(i)

(ii)		 170,352
-------------
0 		0
-------------
0 		272,887
-------------
0 		4,548
-------------
0 		9,604
-------------
0 		457,391
-------------
0 		0
-------------
0
16LORI N DOYLE
SVP UNIV COMMUNICATIONS 		(i)

(ii)		 341,431
-------------
0 		70,000
-------------
0 		6,878
-------------
0 		15,950
-------------
0 		14,377
-------------
0 		448,636
-------------
0 		0
-------------
0
17OLIMPIA MEUCCI
CHAIR COM, PHARMACOLOGY 		(i)

(ii)		 383,059
-------------
0 		30,000
-------------
0 		4,810
-------------
0 		13,025
-------------
0 		14,411
-------------
0 		445,305
-------------
0 		0
-------------
0
18BRIAN WIGDAHL
CHAIR COM, MICROBIOLOGY 		(i)

(ii)		 402,264
-------------
0 		13,787
-------------
0 		10,074
-------------
0 		15,950
-------------
0 		1,420
-------------
0 		443,495
-------------
0 		0
-------------
0
19BRIAN T KEECH
SVP GOV & COMMUNITY RELATI 		(i)

(ii)		 318,111
-------------
0 		75,000
-------------
0 		460
-------------
0 		15,950
-------------
0 		18,477
-------------
0 		427,998
-------------
0 		0
-------------
0
20DAVID RUSENKO
VP FINANCE, CFO & ASSOC TREASURER 		(i)

(ii)		 317,694
-------------
0 		49,500
-------------
0 		0
-------------
0 		15,950
-------------
0 		14,101
-------------
0 		397,245
-------------
0 		0
-------------
0
21ALEISTER SAUNDERS
EXEC VICE PROV, RES & INNO 		(i)

(ii)		 308,269
-------------
0 		50,000
-------------
0 		1,860
-------------
0 		13,580
-------------
0 		18,477
-------------
0 		392,186
-------------
0 		0
-------------
0
22CATHERINE ULOZAS
VP, CHIEF INVESTMENT OFFICER 		(i)

(ii)		 252,849
-------------
0 		0
-------------
0 		0
-------------
0 		47,459
-------------
0 		8,894
-------------
0 		309,202
-------------
0 		0
-------------
0
23JOSEPH B HUGHES
FORMER DEAN, COLLEGE OF EN 		(i)

(ii)		 275,305
-------------
0 		0
-------------
0 		0
-------------
0 		15,146
-------------
0 		4,350
-------------
0 		294,801
-------------
0 		0
-------------
0
24DARIN PFEIFER
SECRETARY 		(i)

(ii)		 181,003
-------------
0 		50,000
-------------
0 		0
-------------
0 		12,375
-------------
0 		14,175
-------------
0 		257,553
-------------
0 		0
-------------
0
25JANICE K MARINI
FORMER SECRETARY 		(i)

(ii)		 49,833
-------------
0 		0
-------------
0 		57,767
-------------
0 		0
-------------
0 		4,580
-------------
0 		112,180
-------------
0 		0
-------------
0
Schedule J (Form 990) 2021

Schedule J (Form 990) 2021
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 UNIVERSITY POLICY AUTHORIZES BUSINESS OR FIRST-CLASS TRAVEL FOR ALL EMPLOYEES WHEN FLIGHTS EXCEED FIVE HOURS IN DURATION WITH THE APPROPRIATE APPROVAL IN ADVANCE. GENERALLY, THE UNIVERSITY DOES NOT PAY FOR OR REIMBURSE THE TRAVEL-RELATED OR ENTERTAINMENT EXPENSES OF AN EMPLOYEE'S OR OTHER AUTHORIZED PERSON'S SPOUSE/COMPANION. SPOUSAL/COMPANION TRAVEL IS PAID FOR OR REIMBURSED BY THE UNIVERSITY ON RARE OCCASIONS, AND ONLY IF SUCH TRAVEL MEETS EXCEPTIONS OUTLINED IN THE UNIVERSITY'S SPOUSAL/COMPANION POLICY. TO QUALIFY FOR AN EXCEPTION, THERE MUST BE A DOCUMENTED AND BONA FIDE BUSINESS PURPOSE DIRECTLY BENEFITING THE UNIVERSITY, AND THE PRESENCE OF THE SPOUSE/COMPANION MUST BE ESSENTIAL TO THE UNIVERSITY EMPLOYEE OR OTHER AUTHORIZED PERSONNEL. THE PRESIDENT IS PROVIDED A MONTHLY HOUSING ALLOWANCE, WHICH IS INCLUDED IN HIS TAXABLE INCOME. THE PRESIDENT IS ALSO PROVIDED A DRIVER TO ATTEND UNIVERSITY RELATED EVENTS, THE VALUE OF WHICH IS NOT INCLUDED IN TAXABLE INCOME. THE PRESIDENT RECEIVES SOCIAL CLUB MEMBERSHIPS FOR BUSINESS-RELATED ACTIVITIES. THE PRESIDENT IS REQUIRED TO REPORT ANY PERSONAL USE OF SOCIAL CLUB MEMBERSHIPS, AND SUCH USE IS INCLUDED IN TAXABLE INCOME. SOCIAL CLUB DUES FOR BUSINESS-RELATED ACTIVITIES WERE PROVIDED FOR SENIOR VICE PRESIDENTS AND DEANS, AND ARE TREATED AS NON-TAXABLE COMPENSATION. SENIOR VICE PRESIDENTS AND DEANS ARE REQUIRED TO REPORT ANY PERSONAL USE OF SOCIAL CLUB MEMBERSHIPS, AND SUCH USE IS INCLUDED IN TAXABLE INCOME.
PART I, LINE 1B HOUSING ALLOWANCE AND SOCIAL CLUB MEMBERSHIPS WERE APPROVED FOR THE PRESIDENT BY THE BOARD.
PART I, LINES 4A-B THE FOLLOWING INDIVIDUALS RECEIVED SEVERANCE PAYMENTS CONTINGENT ON THE SEPARATION FROM THE ORGANIZATION: - JANICE MARINI RECEIVED $48,450 IN A LUMP SUM SEVERANCE PAYMENT AS WELL AS $9,317 IN VACATION PAYOUT. - DONNA MURASKO RECEIVED $272,887 IN A LUMP SUM SEVERANCE PAYMENT FOR A FACULTY TENURE BUYOUT. THE UNIVERSITY PAID MR. FRY'S DEFERRED COMPENSATION OF $912,816, WHICH BEGAN EFFECTIVE JUNE 30, 2019. MR. FRY HAD BEEN CREDITED $300,000 ON EACH JUNE 30, BEGINNING JUNE 30, 2019, AND ENDING ON JUNE 30, 2021. IN ADDITION, THE DEFERRED COMPENSATION WAS CREDITED WITH INTEREST EARNED ANNUALLY. ON JUNE 30, 2021, MR. FRY BECAME FULLY VESTED IN THE DEFERRED COMPENSATION ARRANGEMENT. THE UNIVERSITY PAID MR. FRY'S DEFERRED COMPENSATION OF $156,347, WHICH BEGAN EFFECTIVE JULY 31, 2021. MR. FRY HAD BEEN CREDITED $25,000 PER MONTH, BEGINNING JULY 31, 2021, THROUGH DECEMBER 31, 2021, PROVIDED MR. FRY IS EMPLOYED BY THE UNIVERSITY ON THE LAST DAY OF THE MONTH. IN ADDITION, THE DEFERRED COMPENSATION WAS CREDITED WITH INTEREST EARNED MONTHLY. MR. FRY WAS VESTED IN THE MONTHLY CREDITS AND EARNINGS IN THE DEFERRED COMPENSATION ARRANGEMENT FROM JULY 31, 2021, THROUGH DECEMBER 31, 2021. THE UNIVERSITY PAID MR. UNRUH DEFERRED COMPENSATION OF $150,652, WHICH BEGAN EFFECTIVE JULY 1, 2020. MR. UNRUH HAD BEEN CREDITED $75,000 ON EACH JULY 1, BEGINNING ON JULY 1, 2020, AND ENDING ON JULY 1, 2021. IN ADDITION, THE DEFERRED COMPENSATION WAS CREDITED WITH INTEREST EARNED ANNUALLY. ON JULY 1, 2021, MR. UNRUH BECAME FULLY VESTED IN THE DEFERRED COMPENSATION ARRANGEMENT. THE UNIVERSITY PROVIDES MR. FRY WITH A SUPPLEMENTAL RETIREMENT BENEFIT PLAN, AMENDED AND RESTATED EFFECTIVE APRIL 1, 2022, WHICH APPLIES TO CONTRIBUTION CREDITS COMMENCING FOR THE FISCAL YEARS ENDING ON JUNE 30, 2021, THROUGH JUNE 30, 2028. THE ALLOCATION FOR EACH FISCAL YEAR SHALL BE CONDITIONED ON MR. FRY'S CONTINUED EMPLOYMENT THROUGH THE END OF THE FISCAL YEAR (OR UPON THE DATE OF DEATH, TOTAL DISABILITY, OR INVOLUNTARY TERMINATION, IF EARLIER). THE ANNUAL ALLOCATION AMOUNT IS EQUAL TO 11% OF THE SUM OF MR. FRY'S BASE SALARY AND ANNUAL PERFORMANCE BONUS (IF ANY) FOR SUCH FISCAL YEAR THAT IS IN EXCESS OF THE COMPENSATION LIMIT UNDER SECTION 401(A)(17) OF THE INTERNAL REVENUE CODE.
PART II: THE UNIVERSITY PROVIDES JOHN FRY, CHARLES CAIRNS, HELEN BOWMAN, DAVID UNRUH, ELIZABETH VAN BOCKSTAELE, MICHAEL EXLER, MEGAN WEYLER, THOMAS DECHIARO, SUBIR SAHU, EVELYN THIMBA, AND CATHERINE ULOZAS WITH DEFERRED COMPENSATION ARRANGEMENTS. THE UNIVERSITY WILL CREDIT MR. FRY WITH $25,000 ON JANUARY 31, 2022, AND ON EACH FOLLOWING MONTH THROUGH JUNE 30, 2023, WHILE HE REMAINS EMPLOYED BY THE UNIVERSITY AS PRESIDENT AND CHIEF EXECUTIVE OFFICER. THE DEFERRED COMPENSATION CREDITED, AND INTEREST EARNED IS VESTED MONTHLY, PROVIDED THAT MR. FRY IS EMPLOYED BY THE UNIVERSITY ON THE LAST DAY OF EACH MONTH. THE UNIVERSITY WILL CREDIT DR. CAIRNS WITH $75,000 EACH JULY 1, BEGINNING WITH JULY 1, 2021, AND ENDING JULY 1, 2024, IF HE REMAINS EMPLOYED WITH THE UNIVERSITY. THE ACCOUNT WILL BE CREDITED ANNUALLY WITH INTEREST. DR. CAIRNS WILL BECOME FULLY VESTED IN THE BALANCE OF THE ACCOUNT UPON THE EARLIEST OF THE FOLLOWING: (I) JULY 1, 2024, (II) INVOLUNTARY TERMINATION BY THE UNIVERSITY FOR ANY REASON OTHER THAN CAUSE, (III) DEATH, OR (IV) TERMINATION DUE TO TOTAL AND PERMANENT DISABILITY. IF DR. CAIRNS RESIGNS OR IS TERMINATED BY THE UNIVERSITY FOR CAUSE BEFORE THE ACCOUNT IS VESTED, THE ENTIRE ACCOUNT WILL BE FORFEITED. THE UNIVERSITY WILL CREDIT MS. BOWMAN WITH $75,000 EACH SEPTEMBER 1, BEGINNING WITH SEPTEMBER 1, 2021, AND ENDING SEPTEMBER 1, 2022, IF SHE REMAINS EMPLOYED WITH THE UNIVERSITY. THE ACCOUNT WILL BE CREDITED ANNUALLY WITH INTEREST. MS. BOWMAN WILL BECOME FULLY VESTED IN THE BALANCE OF THE ACCOUNT UPON THE EARLIEST OF THE FOLLOWING: (I) SEPTEMBER 1, 2022, (II) INVOLUNTARY TERMINATION BY THE UNIVERSITY FOR ANY REASON OTHER THAN CAUSE, (III) DEATH, OR (IV) TERMINATION DUE TO TOTAL AND PERMANENT DISABILITY. IF MS. BOWMAN RESIGNS OR IS TERMINATED BY THE UNIVERSITY FOR CAUSE BEFORE THE ACCOUNT IS VESTED, THE ENTIRE ACCOUNT WILL BE FORFEITED. THE UNIVERSITY WILL CREDIT MR. UNRUH WITH $50,000 EACH JULY 1, BEGINNING WITH JULY 1, 2021, AND ENDING JULY 1, 2024, IF HE REMAINS EMPLOYED WITH THE UNIVERSITY. THE ACCOUNT WILL BE CREDITED ANNUALLY WITH INTEREST. MR. UNRUH WILL BECOME FULLY VESTED IN THE BALANCE OF THE ACCOUNT UPON THE EARLIEST OF THE FOLLOWING: (I) JULY 1, 2024, (II) INVOLUNTARY TERMINATION BY THE UNIVERSITY FOR ANY REASON OTHER THAN CAUSE, (III) DEATH, OR (IV) TERMINATION DUE TO TOTAL AND PERMANENT DISABILITY. IF MR. UNRUH RESIGNS OR IS TERMINATED BY THE UNIVERSITY FOR CAUSE BEFORE THE ACCOUNT IS VESTED, THE ENTIRE ACCOUNT WILL BE FORFEITED. THE UNIVERSITY WILL CREDIT MS. VAN BOCKSTAELE WITH $50,000 EACH JULY 1, BEGINNING WITH JULY 1, 2021, AND ENDING JULY 1, 2024, IF SHE REMAINS EMPLOYED WITH THE UNIVERSITY. THE ACCOUNT WILL BE CREDITED ANNUALLY WITH INTEREST. MS. VAN BOCKSTAELE WILL BECOME FULLY VESTED IN THE BALANCE OF THE ACCOUNT UPON THE EARLIEST OF THE FOLLOWING: (I) JULY 1, 2024, (II) INVOLUNTARY TERMINATION BY THE UNIVERSITY FOR ANY REASON OTHER THAN CAUSE, (III) DEATH, OR (IV) TERMINATION DUE TO TOTAL AND PERMANENT DISABILITY. IF MS. VAN BOCKSTAELE RESIGNS OR IS TERMINATED BY THE UNIVERSITY FOR CAUSE BEFORE THE ACCOUNT IS VESTED, THE ENTIRE ACCOUNT WILL BE FORFEITED. THE UNIVERSITY WILL CREDIT MR. EXLER WITH $50,000 EACH JULY 1, BEGINNING WITH JULY 1, 2021, AND ENDING JULY 1, 2024, IF HE REMAINS EMPLOYED WITH THE UNIVERSITY. THE ACCOUNT WILL BE CREDITED ANNUALLY WITH INTEREST. MR. EXLER WILL BECOME FULLY VESTED IN THE BALANCE OF THE ACCOUNT UPON THE EARLIEST OF THE FOLLOWING: (I) JULY 1, 2024, (II) INVOLUNTARY TERMINATION BY THE UNIVERSITY FOR ANY REASON OTHER THAN CAUSE, (III) DEATH, OR (IV) TERMINATION DUE TO TOTAL AND PERMANENT DISABILITY. IF MR. EXLER RESIGNS OR IS TERMINATED BY THE UNIVERSITY FOR CAUSE BEFORE THE ACCOUNT IS VESTED, THE ENTIRE ACCOUNT WILL BE FORFEITED. THE UNIVERSITY WILL CREDIT MS. WEYLER WITH $50,000 EACH JULY 1, BEGINNING WITH JULY 1, 2021, AND ENDING JULY 1, 2024, IF SHE REMAINS EMPLOYED WITH THE UNIVERSITY. THE ACCOUNT WILL BE CREDITED ANNUALLY WITH INTEREST. MS. WEYLER WILL BECOME FULLY VESTED IN THE BALANCE OF THE ACCOUNT UPON THE EARLIEST OF THE FOLLOWING: (I) JULY 1, 2024, (II) INVOLUNTARY TERMINATION BY THE UNIVERSITY FOR ANY REASON OTHER THAN CAUSE, (III) DEATH, OR (IV) TERMINATION DUE TO TOTAL AND PERMANENT DISABILITY. IF MS. WEYLER RESIGNS OR IS TERMINATED BY THE UNIVERSITY FOR CAUSE BEFORE THE ACCOUNT IS VESTED, THE ENTIRE ACCOUNT WILL BE FORFEITED. THE UNIVERSITY WILL CREDIT MR. DECHIARO WITH $25,000 EACH JULY 1, BEGINNING WITH JULY 1, 2021, AND ENDING JULY 1, 2024, IF HE REMAINS EMPLOYED WITH THE UNIVERSITY. THE ACCOUNT WILL BE CREDITED ANNUALLY WITH INTEREST. MR. DECHIARO WILL BECOME FULLY VESTED IN THE BALANCE OF THE ACCOUNT UPON THE EARLIEST OF THE FOLLOWING: (I) JULY 1, 2024, (II) INVOLUNTARY TERMINATION BY THE UNIVERSITY FOR ANY REASON OTHER THAN CAUSE, (III) DEATH, OR (IV) TERMINATION DUE TO TOTAL AND PERMANENT DISABILITY. IF MR. DECHIARO RESIGNS OR IS TERMINATED BY THE UNIVERSITY FOR CAUSE BEFORE THE ACCOUNT IS VESTED, THE ENTIRE ACCOUNT WILL BE FORFEITED. THE UNIVERSITY WILL CREDIT MR. SAHU WITH $50,000 EACH JULY 1, BEGINNING WITH JULY 1, 2021, AND ENDING JULY 1, 2024, IF HE REMAINS EMPLOYED WITH THE UNIVERSITY. THE ACCOUNT WILL BE CREDITED ANNUALLY WITH INTEREST. MR. SAHU WILL BECOME FULLY VESTED IN THE BALANCE OF THE ACCOUNT UPON THE EARLIEST OF THE FOLLOWING: (I) JULY 1, 2024, (II) INVOLUNTARY TERMINATION BY THE UNIVERSITY FOR ANY REASON OTHER THAN CAUSE, (III) DEATH, OR (IV) TERMINATION DUE TO TOTAL AND PERMANENT DISABILITY. IF MR. SAHU RESIGNS OR IS TERMINATED BY THE UNIVERSITY FOR CAUSE BEFORE THE ACCOUNT IS VESTED, THE ENTIRE ACCOUNT WILL BE FORFEITED. THE UNIVERSITY WILL CREDIT MS. THIMBA WITH $50,000 EACH JULY 1, BEGINNING WITH JULY 1, 2021, AND ENDING JULY 1, 2024, IF SHE REMAINS EMPLOYED WITH THE UNIVERSITY. THE ACCOUNT WILL BE CREDITED ANNUALLY WITH INTEREST. MS. THIMBA WILL BECOME FULLY VESTED IN THE BALANCE OF THE ACCOUNT UPON THE EARLIEST OF THE FOLLOWING: (I) JULY 1, 2024, (II) INVOLUNTARY TERMINATION BY THE UNIVERSITY FOR ANY REASON OTHER THAN CAUSE, (III) DEATH, OR (IV) TERMINATION DUE TO TOTAL AND PERMANENT DISABILITY. IF MS. THIMBA RESIGNS OR IS TERMINATED BY THE UNIVERSITY FOR CAUSE BEFORE THE ACCOUNT IS VESTED, THE ENTIRE ACCOUNT WILL BE FORFEITED. THE UNIVERSITY WILL CREDIT MS. ULOZAS WITH $33,333 EACH JULY 1, BEGINNING WITH JULY 1, 2021, AND ENDING JULY 1, 2024, IF SHE REMAINS EMPLOYED WITH THE UNIVERSITY. THE ACCOUNT WILL BE CREDITED ANNUALLY WITH INTEREST. MS. ULOZAS WILL BECOME FULLY VESTED IN THE BALANCE OF THE ACCOUNT UPON THE EARLIEST OF THE FOLLOWING: (I) JULY 1, 2024, (II) INVOLUNTARY TERMINATION BY THE UNIVERSITY FOR ANY REASON OTHER THAN CAUSE, (III) DEATH, OR (IV) TERMINATION DUE TO TOTAL AND PERMANENT DISABILITY. IF MS. ULOZAS RESIGNS OR IS TERMINATED BY THE UNIVERSITY FOR CAUSE BEFORE THE ACCOUNT IS VESTED, THE ENTIRE ACCOUNT WILL BE FORFEITED.
Schedule J (Form 990) 2021

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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 Ⅵ, line 24a. Provide descriptions,
explanations, and any additional information in Part Ⅵ.
SchKMediumBullet Attach to Form 990.
SchKMediumBulletGo to www.irs.gov/Form990 for instructions and the latest information.
OMB No. 1545-0047
2021
Open to Public
Inspection
Name of the organization
DREXEL UNIVERSITY
 
Employer identification number
23-1352630
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 PENNSYLVANIA HIGHER EDUCATION FACILITIES AUTHORITY
  		23-2243852 70917TAT8 08-03-2020 164,854,773 REFUNDING & NEW CONSTRUCTION   X   X   X
B PENNSYLVANIA HIGHER EDUCATION FACILITIES AUTHORITY
  		23-2243852 70917SV67 12-26-2017 141,750,375 ADVANCE REFUND PORTION OF SERIES 2011A   X   X   X
C PENNSYLVANIA HIGHER EDUCATION FACILITIES AUTHORITY
  		23-2243852 70917SXU2 08-02-2016 136,019,435 ADVANCE AND CURRENT REFUNDING   X   X   X
Part Ⅱ
Proceeds
A B C D
1 Amount of bonds retired .................. 2,475,000 22,730,000 10,000  
2 Amount of bonds legally defeased ..............        
3 Total proceeds of issue .................. 164,856,048 141,750,375 136,019,435  
4 Gross proceeds in reserve funds .............        
5 Capitalized interest from proceeds .............        
6 Proceeds in refunding escrows ...............        
7 Issuance costs from proceeds ............... 732,492 697,276 692,483  
8 Credit enhancement from proceeds ............. 3,344,281      
9 Working capital expenditures from proceeds .............        
10 Capital expenditures from proceeds ............. 50,001,275      
11 Other spent proceeds ............. 110,778,000 141,053,099 135,326,952  
12 Other unspent proceeds .............        
13 Year of substantial completion ............. 2022 2017 2016
Yes No Yes No Yes No Yes No
14 Were the bonds issued as part of a current refunding issue of tax-exempt
bonds (or, if issued prior to 2020, a current refunding issue)? ........ 		X     X X      
15 Were the bonds issued as part of an advance refunding issue of taxable
bonds (or, if issued prior to 2020, an advance refunding issue)? ........ 		  X X   X      
16 Has the final allocation of proceeds been made? .......... X   X   X      
17 Does the organization maintain adequate books and records to support the final allocation of proceeds? .................. X   X   X      
For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 50193E
Schedule K (Form 990) 2021

Schedule K (Form 990) 2021
Page 2
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      
2 Are there any lease arrangements that may result in private business use of bond-financed property? ............... X   X   X      
3a Are there any management or service contracts that may result in private business use of bond-financed property? ............. 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      
c Are there any research agreements that may result in private business use of bond-financed property? .............   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?                
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 0.650 % 0.990 % 0.910 %  
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 0.370 % 0.010 % 0.600 %  
6 Total of lines 4 and 5 ............. 1.020 % 1.000 % 1.510 %  
7 Does the bond issue meet the private security or payment test? ...   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    
b If "Yes" to line 8a, enter the percentage of bond-financed property sold or disposed of. ..        
c If "Yes" to line 8a, was any remedial action taken pursuant to Regulations sections 1.141-12 and 1.145-2? .............                
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      
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    
2 If "No" to line 1, did the following apply? ....
a Rebate not due yet? ....... X     X   X    
b Exception to rebate? ........   X X     X    
c No rebate due? .........   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    
Schedule K (Form 990) 2021

Schedule K (Form 990) 2021
Page 3
Part Ⅳ
Arbitrage (Continued)
A B C D
Yes No Yes No Yes No Yes No
4a Has the organization or the governmental issuer entered into a qualified hedge with respect to the bond issue?   X   X   X    
b Name of provider ..........  
  		 
  		 
  		 
 
c Term of hedge .........        
d Was the hedge superintegrated? ......                
e Was the hedge terminated? ........                
5a Were gross proceeds invested in a guaranteed investment contract (GIC)?   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    
7 Has the organization established written procedures to monitor the requirements of section 148? ... 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      
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: PENNSYLVANIA HIGHER EDUCATION FACILITIES AUTHORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 06/21/2021 ISSUER NAME: PENNSYLVANIA HIGHER EDUCATION FACILITIES AUTHORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 12/04/2017
SCHEDULE K SUPPLENTAL INFORMATION PART I, COLUMN (A) BONDS A-C: PENNSYLVANIA HIGHER EDUCATION FACILITIES AUTHORITY PART I, CLUMN (F) BOND A: ISSUED TO REFUND MULTIPLE SERIES DATED: 11/21/2000, 12/23/2002, 2/16/2005, AND 10/04/2007, AND TERMINATE THE SWAP ASSOCIATED WIHT SERIES DATED 2/16/2005; TO FINANCE AND REIMBURSE COSTS FOR THE CAPITAL IMPROVEMENT PROGRAM. PART I, COLUMN (F), BOND C: CURRENT REFUNDING OF SERIES 2005A, ADVANCE REFUNDING OF SERIES 2007A AND SERIES 2007 PART II, LINE 3, BOND A: INCLUDES INVESTMENT EARNINGS ON LINE 3. PART IV, LINE 2C: BOND A: REBATE CALCULATED AS OF 03/25/2022 PART IV, LINE 2C, BOND B: FINAL REBATE CALCULATED AS OF 06/21/2021 PART IV, LINE 2C, BOND C: FINAL REBATE CALCULATED AS OF 12/04/2017
Schedule K (Form 990) 2021

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Schedule L
(Form 990)
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.
MediumBulletGo to www.irs.gov/Form990 for instructions and the latest information.
OMB No. 1545-0047
2021
Open to Public Inspection
Name of the organization
DREXEL UNIVERSITY
 
Employer identification number

23-1352630
Part I
Excess Benefit Transactions (section 501(c)(3), section 501(c)(4), and section 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 the 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) JOHN A FRY OFFICER INSURANCE POLICY   X 720,000 720,000   No Yes   Yes  
Total ...............Small Bullet $ 720,000
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
(1)  
  		  43,000 MERIT SCHOLARSHIP EDUCATIONAL
(2)  
  		  333,975 TUITION REMISSION EDUCATIONAL
For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.
Cat. No. 50056A
Schedule L (Form 990) 2021
Schedule L (Form 990) 2021
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) KIERA MURASKO-BLANK FAMILY OF FORMER KEY EMP 41,266 EMPLOYMENT   No
(2) TINAMARIE DWYER FAMILY OF KEY EMP 61,947 EMPLOYMENT   No
(3) NOMI EVE FAMILY OF KEY EMP 75,539 EMPLOYMENT   No
Part V
Supplemental Information
Provide additional information for responses to questions on Schedule L (see instructions).
Return Reference Explanation
Schedule L (Form 990) 2021


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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 imageGo to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
2021
Open to Public Inspection
Name of the organization
DREXEL UNIVERSITY
 
Employer identification number

23-1352630
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 ....        
2 Art—Historical treasures .        
3 Art—Fractional interests ..        
4 Books and publications ..      
5 Clothing and household
goods ....... 		     
6 Cars and other vehicles ..        
7 Boats and planes ....        
8 Intellectual property ...        
9 Securities—Publicly traded . X 47 905,956 FAIR MARKET VALUE
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 ( )
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
7
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 isn't 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 nonstandard contributions?
31
Yes
 
32a
Does the organization hire or use third parties or related organizations to solicit, process, or sell noncash
contributions? ..........................
32a
 
No
b
If "Yes," describe in Part II.
33
If the organization didn't 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) (2021)
Schedule M (Form 990) (2021)
Page 2
Part IISupplemental 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, COLUMN (B): THE ORGANIZATION IS REPORTING THE NUMBER OF ITEMS RECEIVED, NOT THE NUMBER OF CONTRIBUTIONS.
Schedule M (Form 990) (2021)

Additional Data


Software ID:  
Software Version:  
SCHEDULE O
(Form 990)

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 Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
2021
Open to Public
Inspection
Name of the organization
DREXEL UNIVERSITY
 
Employer identification number

23-1352630
Return Reference Explanation
FORM 990, PART V, LINES 7G & 7H: NOT APPLICABLE
FORM 990, PART VI, SECTION A, LINE 2 MICHAEL C. FORMAN AND JOHN A. FRY - BUSINESS RELATIONSHIP MICHAEL C. FORMAN AND BRIAN R. FORD - BUSINESS RELATIONSHIP MICHAEL C. FORMAN AND CHARLES P. PIZZI - BUSINESS RELATIONSHIP MICHAEL C. FORMAN AND JOSEPH P. UJOBAI - BUSINESS RELATIONSHIP
FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS PREPARED BY THE TAX OFFICE AND SUBMITTED TO THE EXECUTIVE VICE PRESIDENT, TREASURER AND CHIEF OPERATING OFFICER FOR REVIEW AND SIGNING. PRIOR TO FILING, FORM 990 AND ALL REQUIRED SCHEDULES ULTIMATELY FILED WITH THE INTERNAL REVENUE SERVICE WERE AVAILABLE TO EACH MEMBER OF THE BOARD OF TRUSTEES FOR THEIR REVIEW AND COMMENT.
FORM 990, PART VI, SECTION B, LINE 12C DREXEL UNIVERSITY'S CONFLICT OF INTEREST AND COMMITMENT PROTOCOLS APPLY TO ALL EMPLOYEES, OFFICERS, AND TRUSTEES OF THE UNIVERSITY. THE UNIVERSITY'S CONFLICT OF INTEREST AND COMMITMENT POLICY IS INTENDED TO SATISFY COMPLIANCE REQUIREMENTS AND GUIDE UNIVERSITY EMPLOYEES IN AVOIDING THOSE SITUATIONS THAT CAN RESULT IN A CONFLICT OF INTEREST OR COMMITMENT. THE KEY TO AVOIDING THOSE SITUATIONS THAT CAN RESULT IN A CONFLICT OF INTEREST OR COMMITMENT IS TO MAKE EMPLOYEES AWARE OF WHAT CONSTITUTES A CONFLICT AND FOR THEM TO DISCLOSE POTENTIAL SITUATIONS BEFORE THE ACTIVITY IS UNDERTAKEN. IN THE CASE OF EMPLOYEES AND OFFICERS, EACH EMPLOYEE AND OFFICER IS REQUIRED TO COMPLETE A DISCLOSURE QUESTIONNAIRE DURING THE ANNUAL COMPLIANCE PERIOD. EMPLOYEE CONFLICT OF INTEREST AND COMMITMENT DISCLOSURE QUESTIONNAIRES ARE MANAGED THROUGH THE HUMAN RESOURCES DEPARTMENT'S ELECTRONIC SYSTEM, AS REQUIRED BY THE VICE PRESIDENT AND CHIEF COMPLIANCE AND PRIVACY OFFICER. COMPLETED CONFLICT OF INTEREST DISCLOSURE QUESTIONNAIRES ARE ROUTED TO THE EMPLOYEE'S SENIOR LEADER FOR RESOLUTION. AFTER THE SENIOR LEADER'S REVIEW, A DETERMINATION IS MADE AS TO WHETHER A CONFLICT OF INTEREST EXISTS AND AT WHAT LEVEL. CONFLICTS THAT ARE DETERMINED TO BE IN VIOLATION OF UNIVERSITY POLICY ARE DISCUSSED WITH THE EMPLOYEE AND THE EMPLOYEE IS ADVISED TO TERMINATE THE ACTIVITY. EMPLOYEES WHO WILLINGLY OR OTHERWISE CONTINUE TO VIOLATE THE CONFLICT OF INTEREST AND COMMITMENT POLICY ARE SUBJECT TO DISCIPLINARY ACTION UP TO AND INCLUDING TERMINATION OF EMPLOYMENT. IN THE CASE OF TRUSTEES, A CONFLICT OF INTEREST DISCLOSURE QUESTIONNAIRE IS MAILED TO EACH TRUSTEE ANNUALLY. TRUSTEES ARE REQUIRED TO COMPLETE THE QUESTIONNAIRE AND DISCLOSE ANY INTERESTS IN ANY CORPORATION, PARTNERSHIP, OR OTHER ORGANIZATION IN WHICH THEY OWN OR CONTROL 5% OR MORE OF THE ENTITY. COMPLETED TRUSTEE CONFLICT OF INTEREST DISCLOSURE QUESTIONNAIRES ARE SUBMITTED DIRECTLY TO THE OFFICE OF THE GENERAL COUNSEL FOR REVIEW AND RESOLUTION.
FORM 990, PART VI, SECTION B, LINE 15 DREXEL IS COMMITTED TO COMPENSATING ITS EXECUTIVE TEAM AT A FAIR AND COMPETITIVE LEVEL. TO MEET THIS GOAL, DREXEL UNIVERSITY'S HUMAN RESOURCES DEPARTMENT PREPARES AN EXECUTIVE COMPENSATION ANALYSIS ANNUALLY USING THE COLLEGE AND UNIVERSITY PROFESSIONAL ASSOCIATION OF HUMAN RESOURCES (CUPA) SURVEY AND IRS FORM 990 INFORMATION AS THEY RELATE TO THE UNIVERSITY'S PEER GROUPS. POSITIONS INCLUDED IN THE ANALYSIS WERE THE PRESIDENT, EXECUTIVE VICE PRESIDENTS, SENIOR VICE PRESIDENTS, AND HIGHLY-COMPENSATED DEANS. USING THE EXECUTIVE COMPENSATION ANALYSIS, A THIRD-PARTY ADVISOR PREPARED A REPORT AND SUBMITTED THE REPORT TO THE EXECUTIVE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES (THE "COMMITTEE") ALONG WITH CERTAIN PERFORMANCE CRITERIA. THE COMPENSATION ANALYSIS SERVED AS THE BASIS FOR THE PRESIDENT'S RECOMMENDATIONS FOR UNIVERSITY EXECUTIVES. THE THIRD-PARTY ADVISOR PROVIDED THE COMMITTEE WITH A LETTER ON THE APPROPRIATENESS OF THE DECISION-MAKING PROCESS AND REASONABLENESS OF THE PROPOSED COMPENSATION. ALL COMPENSATION WAS APPROVED BY THE EXECUTIVE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES PRIOR TO BECOMING EFFECTIVE ON JULY 1, 2022.
FORM 990, PART VI, SECTION C, LINE 19 DREXEL UNIVERSITY MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC IN A VARIETY OF WAYS. THE CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE ON ITS WEBSITE, AND ITS GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST.
FORM 990, PART XII, LINE 2C: THE AUDIT COMMITTEE OF THE BOARD OF TRUSTEES HAS RESPONSIBILITY FOR SELECTING THE INDEPENDENT ACCOUNTANT AND OVERSEEING THE AUDIT. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.
PART VI, SECTION B, LINE 16B: THE UNIVERSITY IMPLEMENTED A WRITTEN PROCEDURE, WHICH WAS APPROVED BY THE PRESIDENT'S CABINET, FOR EVALUATION OF JOINT VENTURE ARRANGEMENTS TO ENSURE THAT SUCH ARRANGEMENTS ARE CONSISTENT WITH THE UNIVERSITY'S TAX-EXEMPT PURPOSE.
For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.
Cat. No. 51056K
Schedule O (Form 990) 2021


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 Go to www.irs.gov/Form990 for instructions and the latest information.

OMB No. 1545-0047
2021
Open to Public Inspection
Name of the organization
DREXEL UNIVERSITY
 
Employer identification number

23-1352630
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) DRAGON RISK LIMITED CO
3201 ARCH STREET STE 400
PHILADELPHIA,PA19104
47-1086093 		LIABILITY INSURANCE VT -146,180 9,280,755 DREXEL UNIVERSITY
 
(2) DREXEL GLOBAL INITIATIVES LLC
3201 ARCH STREET STE 400
PHILADELPHIA,PA19104
47-1829445 		EDUCATIONAL PA 0 0 DREXEL UNIVERSITY
 
(3) DREXEL UNIVERSITY ONLINE LLC
3201 ARCH STREET STE 400
PHILADELPHIA,PA19104
47-3606161 		EDUCATIONAL DE 1,197,235 17,672,508 DREXEL UNIVERSITY
 






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)11TH STREET FAMILY HEALTH SERVICES INC
3201 ARCH STREET SUITE 400

PHILADELPHIA,PA19104
23-2455915 		HOLDING COMPANY PA 501(C)(3) 12C, III-FI DREXEL UNIVERSITY
 
Yes
 
(2)ACADEMIC PROPERTIES INC
3201 ARCH STREET SUITE 400

PHILADELPHIA,PA19104
23-2411680 		STUDENT HOUSING PA 501(C)(3) 12C, III-FI ACADEMIC ASSETS INC
 
 
No
(3)THE ACADEMY OF NATURAL SCIENCES OF PHILADELPHIA
1900 BENJAMIN FRANKLIN PARKWAY

PHILADELPHIA,PA19103
23-1352000 		MUSEUM PA 501(C)(3) 10 DREXEL UNIVERSITY
 
Yes
 
(4)11TH STREET FAMILY HEALTH SERVICES INC
3201 ARCH STREET SUITE 400

PHILADELPHIA,PA19104
46-4233500 		PROVIDES FACILITIES USE FOR DREXEL UNIVERSITY PA 501(C)(3) 12C, III-FI DREXEL UNIVERSITY
 
Yes
 






For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 50135Y
Schedule R (Form 990) 2021
Schedule R (Form 990) 2021
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
(1) 3509 SPRING GARDEN LP

3201 ARCH ST STE 400
PHILADELPHIA,PA19104
46-2116704 		REAL ESTATE PA 3509 SPRING GARDEN GP INC
  		RELATED -46,906 974,797   No     No 10.000 %
(2) 1200 CHESTNUT STREET I LP

3201 ARCH ST STE 400
PHILADELPHIA,PA19104
81-4692503 		REAL ESTATE PA  
        No     No  
(3) DUC LLC

3201 ARCH STREET STE 400
PHILADELPHIA,PA19104
46-4944473 		DEVELOPMENT AND INVESTMENT PA DREXEL UNIVERSITY
  		RELATED 211,970 18,898,679   No   Yes   95.000 %








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) 3509 SPRING GARDEN GP INC

3201 ARCH STREET STE 400
PHILADELPHIA,PA19104
46-2117383 		REAL ESTATE PA DREXEL UNIVERSITY
  		C -427,082 2,516,956 100.000 % Yes  
(2) 1200 CHESTNUT STREET GP INC

3201 ARCH STREET STE 400
PHILADELPHIA,PA19104
81-4705625 		REAL ESTATE PA DREXEL UNIVERSITY
  		C -588,469 22,641,534 100.000 % Yes  










Schedule R (Form 990) 2021
Schedule R (Form 990) 2021
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
Yes
 
e Loans or loan guarantees by related organization(s) ............................
1e
Yes
 
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
Yes
 
l Performance of services or membership or fundraising solicitations for related organization(s) .....................
1l
Yes
 
m Performance of services or membership or fundraising solicitations by related organization(s) .................
1m
Yes
 
n Sharing of facilities, equipment, mailing lists, or other assets with related organization(s) ...................
1n
 
No
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
 
No
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) 11TH STREET FAMILY SERVICES INC

 E 9,475,000 BOOK AMOUNT
(2) 3509 SPRING GARDEN GP

 Q 61,000 BOOK AMOUNT
(3) ACADEMIC PROPERTIES INC

 K 4,756,000 BOOK AMOUNT
(4) ACADEMIC PROPERTIES INC

 M 128,000 BOOK AMOUNT
(5) ACADEMIC PROPERTIES INC

 C 2,074,000 BOOK AMOUNT
(6) THE ACADEMY OF NATURAL SCIENCES OF PHILADELPHIA

 A 2,000 BOOK AMOUNT
(7) THE ACADEMY OF NATURAL SCIENCES OF PHILADELPHIA

 Q 312,000 BOOK AMOUNT
(8) THE ACADEMY OF NATURAL SCIENCES OF PHILADELPHIA

 L 2,875,000 BOOK AMOUNT
(9) THE ACADEMY OF NATURAL SCIENCES OF PHILADELPHIA

 D 500,000 BOOK AMOUNT
Schedule R (Form 990) 2021
Schedule R (Form 990) 2021
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) 2021
Schedule R (Form 990) 2021
Page 5
Part VII
Supplemental Information
Provide additional information for responses to questions on Schedule R. See instructions.
Return Reference Explanation
Schedule R (Form 990) 2021

Additional Data


Software ID:  
Software Version: