Form 990-T



Department of the Treasury
Internal Revenue Service
Exempt Organization Business Income Tax Return
(and proxy tax under section 6033(e))
For calendar year 2023 or other tax year beginning 07-01-2023 and ending 06-30-2024
Go to www.irs.gov/Form990T for instructions and the latest information.
Do not enter SSN numbers on this form as it may be made public if your organization is a 501(c)(3).
OMB No. 1545-0047
2023
Open to Public Inspection for 501(c)(3) Organizations Only
A Check box if address changed.
B Exempt under section
501( c3 )
408(e) 220(e)
408A530(a)
529(a)529A
Print or Type
Name of organization ( Check box if name changed and see instructions.)
University of Notre Dame du Lac
 
Number, street, and room or suite no. If a P.O. box, see instructions.
Controllers Office 724 Grace Hall
 
City or town, state or province, and ZIP or foreign postal code
Notre Dame, IN46556
C Book value of all assets at end of year .....26,690,008,945
D   Employer identification number
35-0868188
E   Group exemption number
    (see instructions)
5067
F Check box if an amended return.
G
Check organization type
501(c) corporation 501(c) trust 401(a) trust Other trust State college/university
6417(d)(1)(A) Applicable entity
H
Check if filing only to claim
Credit from Form 8941 Refund shown on Form 2439 Elective payment amount from Form 3800
I
Check if a 501(c)(3) organization filing a consolidated return with a 501(c)(2) titleholding corporation .........
J
Enter the number of attached Schedules A (Form 990-T) Click to see list of attachments
List of Attached Documents:
// Content
...............12
K
During the tax year, was the corporation a subsidiary in an affiliated group or a parent-subsidiary controlled group? ...
Yes No
 
If "Yes," enter the name and identifying number of the parent corporation
 
L
The books are in care of
Andrew M Paluf
Controllers Office 724 Grace Hall
Notre Dame,IN46556
Telephone number (574) 631-7575
Part I
Total Unrelated Business Taxable Income
1
Total of unrelated business taxable income computed from all unrelated trades or businesses (see instructions) ..............................

1

22,796,747
2
Reserved ..............................
2
 
3
Add lines 1 and 2 ............................
3
22,796,747
4
Charitable contributions (see instructions for limitation rules) ..............
4
1,191,101
5
Total unrelated business taxable income before net operating losses. Subtract line 4 from line 3 ....
5
21,605,646
6
Deduction for net operating loss. See instructions Click to see list of attachments
List of Attached Documents:
// Content
.................
6
10,885,734
7
Total of unrelated business taxable income before specific deduction and section 199A deduction.
Subtract line 6 from line 5 .........................

7

10,719,912
8
Specific deduction (generally $1,000, but see instructions for exceptions) ..........
8
1,000
9
Trusts. Section 199A deduction. See instructions .................
9
 
10
Total deductions. Add lines 8 and 9 ......................
10
1,000
11
Unrelated business taxable income. Subtract line 10 from line 7. If line 10 is greater than line 7, enter zero ................................

11

10,718,912
Part II
Tax Computation
1
Organizations taxable as corporations. Multiply Part I, line 11 by 21% (0.21) .......
1
2,250,972
2
Trusts taxable at trust rates. See instructions for tax computation. Income tax on the amount on
Part I, line 11 from: Tax rate schedule or Schedule D (Form 1041) ........

2

 
3
Proxy tax. See instructions .......................
3
 
4
Other tax amounts. See instructions ....................
4
 
5
Alternative minimum tax .........................
5
 
6
Tax on noncompliant facility income. See instructions ................
6
 
7
Total. Add lines 3 through 6 to line 1 or 2, whichever applies ...............
7
2,250,972
For Paperwork Reduction Act Notice, see instructions.Cat. No. 11291JForm 990-T (2023)
Form 990-T (2023)
Page 2
Part III
Tax and Payments
1a
Foreign tax credit (corporations attach Form 1118; trusts attach Form 1116)
1a
 
 
 
b
Other credits (see instructions) ..............
1b
0
 
 
c
General business credit. Attach Form 3800 (see instructions) .....
1c
Click to see attachment
List of Attached Documents:
// Content
1,694,479
 
 
d
Credit for prior year minimum tax (attach Form 8801 or 8827) ....
1d
 
 
 
e
Total credits. Add lines 1a through 1d .....................
1e
1,694,479
2
Subtract line 1e from Part II, line 7 .......................
2
556,493
3a
Amount due from Form 4255 ...............
3a
 
 
 
b
Amount due from Form 8611 ...............
3b
0
 
 
c
Amount due from Form 8697 ...............
3c
 
 
 
d
Amount due from Form 8866 ...............
3d
 
 
 
e
Other amounts due (see instructions) ............
3e
 
 
 
f
Total credits. Add lines 3a through 3e .....................
3f
1,694,479
4
Total tax. Add lines 2 and 3f (see instructions). Check if includes tax previously deferred under
section 1294. Enter the tax amount here  

4

556,493
5
Current net 965 tax liability paid from Form 965-A, Part II, column (k) ...........
5
 
6a
Payments: Preceding year's overpayment credited to the current year ..
6a
 
 
 
b
Current Year's estimated tax payments. Check if section 643(g) election applies
6b
0
 
 
c
Tax deposited with Form 8868 ..............
6c
 
 
 
d
Foreign organizations: Tax paid or withheld at source (see instructions) .
6d
0
 
 
e
Backup withholding (see instructions) ............
6e
6,787
 
 
f
Credit for small employer health insurance premiums (attach Form 8941) .
6f
 
 
 
g
Elective payment election amount from Form 3800 ........
6g
 
 
 
h
Payment from Form 2439 ................
6h
 
 
 
i
Credit from Form 4136 .................
6i
 
 
 
j
Other (see instructions) ................
6j
 
 
 
7
Total payments. Add lines 6a through 6j .....................
7
46,085
8
Estimated tax penalty (see instructions). Check if Form 2220 is attached ........
8
 
9
Tax due. If line 7 is smaller than the total of lines 4, 5, and 8, enter amount owed .......
9
510,408
10
Overpayment. If line 7 is larger than the total of lines 4, 5, and 8, enter amount overpaid ....
10
 
11
Enter the amount of line 10 you want: Credited to 2024 estimated tax   Refunded
11
 
Part IV
Statements Regarding Certain Activities and Other Information (see instructions)
1
At any time during the 2023 calendar year, did the organization have an interest in or a signature or other authority over a financial account (bank, securities, or other) in a foreign country? If "Yes," the organization may have to file FinCEN Form 114, Report of Foreign Bank and Financial Accounts. If "Yes," enter the name of the foreign country here BR CI CH EI IS IT KE LU MP NL SW UK
Yes
No
 
 
Yes
 
2
During the tax year, did the organization receive a distribution from, or was it the grantor of, or transferor to, a foreign trust?
 
No
 
If "Yes," see instructions for other forms the organization may have to file.
 
 
3
Enter the amount of tax-exempt interest received or accrued during the tax year ..... $ 12,250
 
 
4
Enter available pre-2018 NOL carryovers here. $ 10,885,734. Do not include any post-2017 NOL carryover shown on Schedule A (Form 990-T). Don't reduce the NOL carryover shown here by any deduction reported on Part I, line 4.
 
 
5
Post-2017 NOL carryovers. Enter the Business Activity Code and available post-2017 NOL carryovers. Don't reduce the amounts shown below by any NOL claimed on any Schedule A, Part II, line 17 for the tax year. See instructions.
 
 
Business activity code Available post-2017 NOL carryover    
901101 $36,723,719    
31 $22,581,367    
52 $72,618    
53 $6,622,411    
54 $338,514    
56 $14,813    
62 $3,530,360    
72 $3,086,464    
6a
Reserved for future use .................................
b
Reserved for future use .................................
Part V
Supplemental Information
Provide any additional information. See instructions.
 
 
Sign Here
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 taxpayer) is based on all information of which preparer has any knowledge.
Right arrow

Signature of officer

Date
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Title
May the IRS discuss this return with the preparer shown below (see instructions)? YesNo
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.
Form 990-T (2023)
Additional Data


Software ID: 23017435
Software Version: 2023v8.0

SCHEDULE A
(Form 990-T)


Department of the Treasury
Internal Revenue Service
Unrelated Business Taxable Income
From an Unrelated Trade or Business


Go to www.irs.gov/Form990T for instructions and the latest information.
Do not enter SSN numbers on this form as it may be made public if your organization is a 501(c)(3).
OMB No. 1545-0047
2022
Open to Public Inspection for 501(c)(3) Organizations Only
A Name of the organization
University of Notre Dame du Lac
 
BEmployer identification number
35-0868188

C Unrelated business activity code (see instructions) 901101

D Sequence: 1 of 12

E Describe the unrelated trade or business Investment Activities
Part I
Unrelated Trade or Business Income
 
(A) Income
(B) Expenses
(C) Net
1a
Gross receipts or sales   0
 
 
 
 
b
Less returns and allowances   0c Balance
1c
0
 
 
2
Cost of goods sold (Part III, line 8) .........
2
0
 
 
3
Gross profit. Subtract line 2 from line 1c .......
3
0
 
0
4a
Capital gain net income (attach Sch D (Form 1041 or Form
1120)) (see instructions) ............

4a

0
 

0
b
Net gain (loss) (Form 4797) (attach Form 4797) (see instructions)
4b
Click to see attachment
List of Attached Documents:
// Content
27,842,454
 
27,842,454
c
Capital loss deduction for trusts
4c
 
 
 
5
Income (loss) from a partnership or an S corporation (attach statement) ................

5

Click to see attachment
List of Attached Documents:
// Content
32,697,721
 

32,697,721
6
Rent income (Part IV) .............
6
0
0
0
7
Unrelated debt-financed income (Part V) .......
7
0
0
0
8
Interest, annuities, royalties, and rents from a controlled
organization (Part VI) .............

8

0

0

0
9
Investment income of section 501(c)(7), (9), or (17)
organizations (Part VII) ............

9

0

0

0
10
Exploited exempt activity income (Part VIII) ......
10
0
0
0
11
Advertising income (Part IX) ...........
11
0
0
0
12
Other income (see instructions; attach statement) ....
12
0
 
0
13
Total. Combine lines 3 through 12 .........
13
60,540,175
0
60,540,175
Part II
Deductions Not Taken Elsewhere (See instructions for limitations on deductions) Deductions must be directly connected with the unrelated business income
1
Compensation of officers, directors, and trustees (Part X) .................
1
0
2
Salaries and wages ............................
2
0
3
Repairs and maintenance ..........................
3
0
4
Bad debts ...............................
4
0
5
Interest (attach statement) (see instructions) ...................
5
0
6
Taxes and licenses .............................
6
1,483,001
7
Depreciation (attach Form 4562) (see instructions) .........
7
0
 
 
8
Less depreciation claimed in Part III and elsewhere on return .....
8a
0
8b
0
9
Depletion ...............................
9
0
10
Contributions to deferred compensation plans .....................
10
0
11
Employee benefit programs ..........................
11
0
12
Excess exempt expenses (Part VIII) .......................
12
0
13
Excess readership costs (Part IX) ........................
13
0
14
Other deductions (attach statement) Click to see attachment
List of Attached Documents:
// Content
......................
14
132,763
15
Total deductions. Add lines 1 through 14 .....................
15
1,615,764
16
Unrelated business income before net operating loss deduction. Subtract line 15 from Part I, line 13, column (C)
16
58,924,411
17
Deduction for net operating loss (see instructions) ..................
17
36,723,719
18
Unrelated business taxable income. Subtract line 17 from line 16 .............
18
22,200,692
For Paperwork Reduction Act Notice, see instructions.Cat. No. 74036OSchedule A (Form 990-T) 2022
Schedule A (Form 990-T) 2022 Page 2
Part III
Cost of Goods Sold Enter method of inventory valuation  
1
Inventory at beginning of year ........................
1
0
2
Purchases ...............................
2
0
3
Cost of labor ..............................
3
0
4
Additional section 263A costs (attach statement) ..................
4
 
5
Other costs (attach statement) Click to see attachment
List of Attached Documents:
// Content
........................
5
0
6
Total. Add lines 1 through 5 ..........................
6
0
7
Inventory at end of year ...........................
7
0
8
Cost of goods sold. Subtract line 7 from line 6. Enter here and in Part I, line 2 ..........
8
0
9
Do the rules of section 263A (with respect to property produced or acquired for resale) apply to the organization?
YesNo
Part IV
Rent Income (From Real Property and Personal Property Leased with Real Property)
1
Description of property (property street address, city, state, ZIP code). Check if a dual-use (see instructions)
A
 
B
 
C
 
D
 
 
 
A
B
C
D
2
Rent received or accrued
 
 
 
 
a
From personal property (if the percentage of rent for personal property is more than 10% but not more than 50%) ......


 
 
 
b
From real and personal property (if the percentage of rent for personal property exceeds 50% or if the rent is based on profit or income) ..........
 
 
 
 
c
Total rents received or accrued by property. Add lines 2a and 2b, columns A through D .
 
 
 
 
3
Total rents received or accrued. Add line 2c columns A through D. Enter here and on Part I, line 6, column (A) .
0
4
Deductions directly connected with the income in lines 2(a) and 2(b) (attach statement) .
 
 
 
 
5
Total deductions. Add line 4 columns A through D. Enter here and on Part I, line 6, column (B) .....
0
Part V
Unrelated Debt-Financed Income (see instructions)
1
Description of debt-financed property (street address, city, state, ZIP code). Check if a dual-use (see instructions)
A
 
B
 
C
 
D
 
 
 
A
B
C
D
2
Gross income from or allocable to debt-financed property ........
 
 
 
3
Deductions directly connected with or allocable to debt-financed property
 
 
 
 
a
Straight line depreciation (attach statement)
 
 
 
 
b
Other deductions (attach statement) ...
 
 
 
 
c
Total deductions (add lines 3a and 3b, columns A through D) ..........
 
 
 
 
4
Amount of average acquisition debt on or allocable to debt-financed property (attach statement) ...........
 
 
 
 
5
Average adjusted basis of or allocable to debt-financed property (attach statement) ...
 
 
 
 
6
Divide line 4 by line 5 .......
%
%
%
%
7
Gross income reportable. Multiply line 2 by line 6
 
 
 
 
8
Total gross income (add line 7, columns A through D). Enter here and on Part I, line 7, column (A) ....
0
9
Allocable deductions. Multiply line 3c by line 6
 
 
 
 
10
Total allocable deductions. Add line 9, columns A through D. Enter here and on Part I, line 7, column (B) ..
0
11
Total dividends-received deductions included in line 10 .................
0
Schedule A (Form 990-T) 2022
Schedule A (Form 990-T) 2022 Page 3
Part VI
Interest, Annuities, Royalties, and Rents from Controlled Organizations (see instructions)
1. Name of controlled organization 2. Employer identification number Exempt Controlled Organizations
3. Net unrelated income (loss)
(see instructions)
4. Total of specified payments made 5. Part of column 4 that is included
in the controlling organization's
gross income
6. Deductions directly connected with income in column 5
(1)Tessellated Inc 87-2220454        
(2)ND Renewable Energy Inc 81-4675664        
(3)          
(4)          
Nonexempt Controlled Organizations
7. Taxable income 8. Net unrelated
income (loss)
(see instructions)
9. Total of specified payments made 10. Part of column 9
that is included in the
controlling organization's
gross income
11. Deductions directly connected with
income in column 10
(1)43,415 43,415 7,303 7,303 0
(2)-14,974 -14,974 23,063 23,063 0
(3)        
(4)        
 
Add columns 5 and 10.
Enter here and on Part I,
line 8, column (A)
Add columns 6 and 11.
Enter here and on Part I,
line 8, column (B)
Totals.........................
0
0
Part VII
Investment Income of a Section 501(c)(7), (9), or (17) Organization (see instructions)
1. Description of income 2. Amount of income 3. Deductions directly connected
(attach statement)
4. Set-asides
(attach statement)
5. Total deductions and set-asides
(add columns 3 and 4)
(1)        
(2)        
(3)        
(4)        



Totals.........
Add amounts in column 2.
Enter here and on Part I,
line 9, column (A)
0



 



 
Add amounts in column 5.
Enter here and on Part I,
line 9, column (B)
0
Part VIII
Exploited Exempt Activity Income, Other Than Advertising Income (see instructions)
1
Description of exploited activity:  
 
 
2
Gross unrelated business income from trade or business. Enter here and on Part I, line 10, column (A) ...
2
0
3
Expenses directly connected with production of unrelated business income. Enter here and on Part I, line 10, column (B) ...............................

3

0
4
Net income (loss) from unrelated trade or business. Subtract line 3 from line 2. If a gain, complete
lines 5 through 7 .............................

4

0
5
Gross income from activity that is not unrelated business income ..............
5
0
6
Expenses attributable to income entered on line 5 ...................
6
0
7
Excess exempt expenses. Subtract line 5 from line 6, but do not enter more than the amount on line 4. Enter here and on Part II, line 12 ..........................

7

0
Schedule A (Form 990-T) 2022
Schedule A (Form 990-T) 2022 Page 4
Part IX
Advertising Income
1
Name(s) of periodical(s). Check box if reporting two or more periodicals on a consolidated basis.
A
 
B
 
C
 
D
 
Enter amounts for each periodical listed above in the corresponding column.
 
 
A
B
C
D
2
Gross advertising income ......
 
 
 
a
Add columns A through D. Enter here and on Part I, line 11, column (A) .............
0
3
Direct Advertising costs by periodical ..
 
 
 
 
a
Add columns A through D. Enter here and on Part I, line 11, column (B) .............
0
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8 ............
 
 
 
 
5
Readership costs ........
 
 
 
 
6
Circulation income ........
 
 
 
 
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero .....
 
 
 
 
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7 .
 
 
 
 
a
Add line 8, columns A through D. Enter the greater of the columns total or zero here and on Part II, line 13 ..
0
Part X
Compensation of Officers, Directors, and Trustees (see instructions)
1. Name 2. Title 3. Percentage
of time devoted
to business
4. Compensation
attributable to
unrelated business
(1)      
(2)      
(3)      
(4)      
Total. Enter here and on Part II, line 1 .........................
0
Part XI
Supplemental Information (see instructions)
 
 
 
 
 
 
 
 
 
Schedule A (Form 990-T) 2022
Additional Data


Software ID: 23017435
Software Version: 2023v8.0

SCHEDULE A
(Form 990-T)


Department of the Treasury
Internal Revenue Service
Unrelated Business Taxable Income
From an Unrelated Trade or Business


Go to www.irs.gov/Form990T for instructions and the latest information.
Do not enter SSN numbers on this form as it may be made public if your organization is a 501(c)(3).
OMB No. 1545-0047
2022
Open to Public Inspection for 501(c)(3) Organizations Only
A Name of the organization
University of Notre Dame du Lac
 
BEmployer identification number
35-0868188

C Unrelated business activity code (see instructions) 901101

D Sequence: 1 of 12

E Describe the unrelated trade or business Investment Activities
Part I
Unrelated Trade or Business Income
 
(A) Income
(B) Expenses
(C) Net
1a
Gross receipts or sales   0
 
 
 
 
b
Less returns and allowances   0c Balance
1c
0
 
 
2
Cost of goods sold (Part III, line 8) .........
2
0
 
 
3
Gross profit. Subtract line 2 from line 1c .......
3
0
 
0
4a
Capital gain net income (attach Sch D (Form 1041 or Form
1120)) (see instructions) ............

4a

0
 

0
b
Net gain (loss) (Form 4797) (attach Form 4797) (see instructions)
4b
Click to see attachment
List of Attached Documents:
// Content
27,842,454
 
27,842,454
c
Capital loss deduction for trusts
4c
 
 
 
5
Income (loss) from a partnership or an S corporation (attach statement) ................

5

Click to see attachment
List of Attached Documents:
// Content
32,697,721
 

32,697,721
6
Rent income (Part IV) .............
6
0
0
0
7
Unrelated debt-financed income (Part V) .......
7
0
0
0
8
Interest, annuities, royalties, and rents from a controlled
organization (Part VI) .............

8

0

0

0
9
Investment income of section 501(c)(7), (9), or (17)
organizations (Part VII) ............

9

0

0

0
10
Exploited exempt activity income (Part VIII) ......
10
0
0
0
11
Advertising income (Part IX) ...........
11
0
0
0
12
Other income (see instructions; attach statement) ....
12
0
 
0
13
Total. Combine lines 3 through 12 .........
13
60,540,175
0
60,540,175
Part II
Deductions Not Taken Elsewhere (See instructions for limitations on deductions) Deductions must be directly connected with the unrelated business income
1
Compensation of officers, directors, and trustees (Part X) .................
1
0
2
Salaries and wages ............................
2
0
3
Repairs and maintenance ..........................
3
0
4
Bad debts ...............................
4
0
5
Interest (attach statement) (see instructions) ...................
5
0
6
Taxes and licenses .............................
6
1,483,001
7
Depreciation (attach Form 4562) (see instructions) .........
7
0
 
 
8
Less depreciation claimed in Part III and elsewhere on return .....
8a
0
8b
0
9
Depletion ...............................
9
0
10
Contributions to deferred compensation plans .....................
10
0
11
Employee benefit programs ..........................
11
0
12
Excess exempt expenses (Part VIII) .......................
12
0
13
Excess readership costs (Part IX) ........................
13
0
14
Other deductions (attach statement) Click to see attachment
List of Attached Documents:
// Content
......................
14
132,763
15
Total deductions. Add lines 1 through 14 .....................
15
1,615,764
16
Unrelated business income before net operating loss deduction. Subtract line 15 from Part I, line 13, column (C)
16
58,924,411
17
Deduction for net operating loss (see instructions) ..................
17
36,723,719
18
Unrelated business taxable income. Subtract line 17 from line 16 .............
18
22,200,692
For Paperwork Reduction Act Notice, see instructions.Cat. No. 74036OSchedule A (Form 990-T) 2022
Schedule A (Form 990-T) 2022 Page 2
Part III
Cost of Goods Sold Enter method of inventory valuation  
1
Inventory at beginning of year ........................
1
0
2
Purchases ...............................
2
0
3
Cost of labor ..............................
3
0
4
Additional section 263A costs (attach statement) ..................
4
 
5
Other costs (attach statement) Click to see attachment
List of Attached Documents:
// Content
........................
5
0
6
Total. Add lines 1 through 5 ..........................
6
0
7
Inventory at end of year ...........................
7
0
8
Cost of goods sold. Subtract line 7 from line 6. Enter here and in Part I, line 2 ..........
8
0
9
Do the rules of section 263A (with respect to property produced or acquired for resale) apply to the organization?
YesNo
Part IV
Rent Income (From Real Property and Personal Property Leased with Real Property)
1
Description of property (property street address, city, state, ZIP code). Check if a dual-use (see instructions)
A
 
B
 
C
 
D
 
 
 
A
B
C
D
2
Rent received or accrued
 
 
 
 
a
From personal property (if the percentage of rent for personal property is more than 10% but not more than 50%) ......


 
 
 
b
From real and personal property (if the percentage of rent for personal property exceeds 50% or if the rent is based on profit or income) ..........
 
 
 
 
c
Total rents received or accrued by property. Add lines 2a and 2b, columns A through D .
 
 
 
 
3
Total rents received or accrued. Add line 2c columns A through D. Enter here and on Part I, line 6, column (A) .
0
4
Deductions directly connected with the income in lines 2(a) and 2(b) (attach statement) .
 
 
 
 
5
Total deductions. Add line 4 columns A through D. Enter here and on Part I, line 6, column (B) .....
0
Part V
Unrelated Debt-Financed Income (see instructions)
1
Description of debt-financed property (street address, city, state, ZIP code). Check if a dual-use (see instructions)
A
 
B
 
C
 
D
 
 
 
A
B
C
D
2
Gross income from or allocable to debt-financed property ........
 
 
 
3
Deductions directly connected with or allocable to debt-financed property
 
 
 
 
a
Straight line depreciation (attach statement)
 
 
 
 
b
Other deductions (attach statement) ...
 
 
 
 
c
Total deductions (add lines 3a and 3b, columns A through D) ..........
 
 
 
 
4
Amount of average acquisition debt on or allocable to debt-financed property (attach statement) ...........
 
 
 
 
5
Average adjusted basis of or allocable to debt-financed property (attach statement) ...
 
 
 
 
6
Divide line 4 by line 5 .......
%
%
%
%
7
Gross income reportable. Multiply line 2 by line 6
 
 
 
 
8
Total gross income (add line 7, columns A through D). Enter here and on Part I, line 7, column (A) ....
0
9
Allocable deductions. Multiply line 3c by line 6
 
 
 
 
10
Total allocable deductions. Add line 9, columns A through D. Enter here and on Part I, line 7, column (B) ..
0
11
Total dividends-received deductions included in line 10 .................
0
Schedule A (Form 990-T) 2022
Schedule A (Form 990-T) 2022 Page 3
Part VI
Interest, Annuities, Royalties, and Rents from Controlled Organizations (see instructions)
1. Name of controlled organization 2. Employer identification number Exempt Controlled Organizations
3. Net unrelated income (loss)
(see instructions)
4. Total of specified payments made 5. Part of column 4 that is included
in the controlling organization's
gross income
6. Deductions directly connected with income in column 5
(1)Tessellated Inc 87-2220454        
(2)ND Renewable Energy Inc 81-4675664        
(3)          
(4)          
Nonexempt Controlled Organizations
7. Taxable income 8. Net unrelated
income (loss)
(see instructions)
9. Total of specified payments made 10. Part of column 9
that is included in the
controlling organization's
gross income
11. Deductions directly connected with
income in column 10
(1)43,415 43,415 7,303 7,303 0
(2)-14,974 -14,974 23,063 23,063 0
(3)        
(4)        
 
Add columns 5 and 10.
Enter here and on Part I,
line 8, column (A)
Add columns 6 and 11.
Enter here and on Part I,
line 8, column (B)
Totals.........................
0
0
Part VII
Investment Income of a Section 501(c)(7), (9), or (17) Organization (see instructions)
1. Description of income 2. Amount of income 3. Deductions directly connected
(attach statement)
4. Set-asides
(attach statement)
5. Total deductions and set-asides
(add columns 3 and 4)
(1)        
(2)        
(3)        
(4)        



Totals.........
Add amounts in column 2.
Enter here and on Part I,
line 9, column (A)
0



 



 
Add amounts in column 5.
Enter here and on Part I,
line 9, column (B)
0
Part VIII
Exploited Exempt Activity Income, Other Than Advertising Income (see instructions)
1
Description of exploited activity:  
 
 
2
Gross unrelated business income from trade or business. Enter here and on Part I, line 10, column (A) ...
2
0
3
Expenses directly connected with production of unrelated business income. Enter here and on Part I, line 10, column (B) ...............................

3

0
4
Net income (loss) from unrelated trade or business. Subtract line 3 from line 2. If a gain, complete
lines 5 through 7 .............................

4

0
5
Gross income from activity that is not unrelated business income ..............
5
0
6
Expenses attributable to income entered on line 5 ...................
6
0
7
Excess exempt expenses. Subtract line 5 from line 6, but do not enter more than the amount on line 4. Enter here and on Part II, line 12 ..........................

7

0
Schedule A (Form 990-T) 2022
Schedule A (Form 990-T) 2022 Page 4
Part IX
Advertising Income
1
Name(s) of periodical(s). Check box if reporting two or more periodicals on a consolidated basis.
A
 
B
 
C
 
D
 
Enter amounts for each periodical listed above in the corresponding column.
 
 
A
B
C
D
2
Gross advertising income ......
 
 
 
a
Add columns A through D. Enter here and on Part I, line 11, column (A) .............
0
3
Direct Advertising costs by periodical ..
 
 
 
 
a
Add columns A through D. Enter here and on Part I, line 11, column (B) .............
0
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8 ............
 
 
 
 
5
Readership costs ........
 
 
 
 
6
Circulation income ........
 
 
 
 
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero .....
 
 
 
 
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7 .
 
 
 
 
a
Add line 8, columns A through D. Enter the greater of the columns total or zero here and on Part II, line 13 ..
0
Part X
Compensation of Officers, Directors, and Trustees (see instructions)
1. Name 2. Title 3. Percentage
of time devoted
to business
4. Compensation
attributable to
unrelated business
(1)      
(2)      
(3)      
(4)      
Total. Enter here and on Part II, line 1 .........................
0
Part XI
Supplemental Information (see instructions)
 
 
 
 
 
 
 
 
 
Schedule A (Form 990-T) 2022
Additional Data


Software ID: 23017435
Software Version: 2023v8.0

SCHEDULE A
(Form 990-T)


Department of the Treasury
Internal Revenue Service
Unrelated Business Taxable Income
From an Unrelated Trade or Business


Go to www.irs.gov/Form990T for instructions and the latest information.
Do not enter SSN numbers on this form as it may be made public if your organization is a 501(c)(3).
OMB No. 1545-0047
2022
Open to Public Inspection for 501(c)(3) Organizations Only
A Name of the organization
University of Notre Dame du Lac
 
BEmployer identification number
35-0868188

C Unrelated business activity code (see instructions) 901101

D Sequence: 1 of 12

E Describe the unrelated trade or business Investment Activities
Part I
Unrelated Trade or Business Income
 
(A) Income
(B) Expenses
(C) Net
1a
Gross receipts or sales   0
 
 
 
 
b
Less returns and allowances   0c Balance
1c
0
 
 
2
Cost of goods sold (Part III, line 8) .........
2
0
 
 
3
Gross profit. Subtract line 2 from line 1c .......
3
0
 
0
4a
Capital gain net income (attach Sch D (Form 1041 or Form
1120)) (see instructions) ............

4a

0
 

0
b
Net gain (loss) (Form 4797) (attach Form 4797) (see instructions)
4b
Click to see attachment
List of Attached Documents:
// Content
27,842,454
 
27,842,454
c
Capital loss deduction for trusts
4c
 
 
 
5
Income (loss) from a partnership or an S corporation (attach statement) ................

5

Click to see attachment
List of Attached Documents:
// Content
32,697,721
 

32,697,721
6
Rent income (Part IV) .............
6
0
0
0
7
Unrelated debt-financed income (Part V) .......
7
0
0
0
8
Interest, annuities, royalties, and rents from a controlled
organization (Part VI) .............

8

0

0

0
9
Investment income of section 501(c)(7), (9), or (17)
organizations (Part VII) ............

9

0

0

0
10
Exploited exempt activity income (Part VIII) ......
10
0
0
0
11
Advertising income (Part IX) ...........
11
0
0
0
12
Other income (see instructions; attach statement) ....
12
0
 
0
13
Total. Combine lines 3 through 12 .........
13
60,540,175
0
60,540,175
Part II
Deductions Not Taken Elsewhere (See instructions for limitations on deductions) Deductions must be directly connected with the unrelated business income
1
Compensation of officers, directors, and trustees (Part X) .................
1
0
2
Salaries and wages ............................
2
0
3
Repairs and maintenance ..........................
3
0
4
Bad debts ...............................
4
0
5
Interest (attach statement) (see instructions) ...................
5
0
6
Taxes and licenses .............................
6
1,483,001
7
Depreciation (attach Form 4562) (see instructions) .........
7
0
 
 
8
Less depreciation claimed in Part III and elsewhere on return .....
8a
0
8b
0
9
Depletion ...............................
9
0
10
Contributions to deferred compensation plans .....................
10
0
11
Employee benefit programs ..........................
11
0
12
Excess exempt expenses (Part VIII) .......................
12
0
13
Excess readership costs (Part IX) ........................
13
0
14
Other deductions (attach statement) Click to see attachment
List of Attached Documents:
// Content
......................
14
132,763
15
Total deductions. Add lines 1 through 14 .....................
15
1,615,764
16
Unrelated business income before net operating loss deduction. Subtract line 15 from Part I, line 13, column (C)
16
58,924,411
17
Deduction for net operating loss (see instructions) ..................
17
36,723,719
18
Unrelated business taxable income. Subtract line 17 from line 16 .............
18
22,200,692
For Paperwork Reduction Act Notice, see instructions.Cat. No. 74036OSchedule A (Form 990-T) 2022
Schedule A (Form 990-T) 2022 Page 2
Part III
Cost of Goods Sold Enter method of inventory valuation  
1
Inventory at beginning of year ........................
1
0
2
Purchases ...............................
2
0
3
Cost of labor ..............................
3
0
4
Additional section 263A costs (attach statement) ..................
4
 
5
Other costs (attach statement) Click to see attachment
List of Attached Documents:
// Content
........................
5
0
6
Total. Add lines 1 through 5 ..........................
6
0
7
Inventory at end of year ...........................
7
0
8
Cost of goods sold. Subtract line 7 from line 6. Enter here and in Part I, line 2 ..........
8
0
9
Do the rules of section 263A (with respect to property produced or acquired for resale) apply to the organization?
YesNo
Part IV
Rent Income (From Real Property and Personal Property Leased with Real Property)
1
Description of property (property street address, city, state, ZIP code). Check if a dual-use (see instructions)
A
 
B
 
C
 
D
 
 
 
A
B
C
D
2
Rent received or accrued
 
 
 
 
a
From personal property (if the percentage of rent for personal property is more than 10% but not more than 50%) ......


 
 
 
b
From real and personal property (if the percentage of rent for personal property exceeds 50% or if the rent is based on profit or income) ..........
 
 
 
 
c
Total rents received or accrued by property. Add lines 2a and 2b, columns A through D .
 
 
 
 
3
Total rents received or accrued. Add line 2c columns A through D. Enter here and on Part I, line 6, column (A) .
0
4
Deductions directly connected with the income in lines 2(a) and 2(b) (attach statement) .
 
 
 
 
5
Total deductions. Add line 4 columns A through D. Enter here and on Part I, line 6, column (B) .....
0
Part V
Unrelated Debt-Financed Income (see instructions)
1
Description of debt-financed property (street address, city, state, ZIP code). Check if a dual-use (see instructions)
A
 
B
 
C
 
D
 
 
 
A
B
C
D
2
Gross income from or allocable to debt-financed property ........
 
 
 
3
Deductions directly connected with or allocable to debt-financed property
 
 
 
 
a
Straight line depreciation (attach statement)
 
 
 
 
b
Other deductions (attach statement) ...
 
 
 
 
c
Total deductions (add lines 3a and 3b, columns A through D) ..........
 
 
 
 
4
Amount of average acquisition debt on or allocable to debt-financed property (attach statement) ...........
 
 
 
 
5
Average adjusted basis of or allocable to debt-financed property (attach statement) ...
 
 
 
 
6
Divide line 4 by line 5 .......
%
%
%
%
7
Gross income reportable. Multiply line 2 by line 6
 
 
 
 
8
Total gross income (add line 7, columns A through D). Enter here and on Part I, line 7, column (A) ....
0
9
Allocable deductions. Multiply line 3c by line 6
 
 
 
 
10
Total allocable deductions. Add line 9, columns A through D. Enter here and on Part I, line 7, column (B) ..
0
11
Total dividends-received deductions included in line 10 .................
0
Schedule A (Form 990-T) 2022
Schedule A (Form 990-T) 2022 Page 3
Part VI
Interest, Annuities, Royalties, and Rents from Controlled Organizations (see instructions)
1. Name of controlled organization 2. Employer identification number Exempt Controlled Organizations
3. Net unrelated income (loss)
(see instructions)
4. Total of specified payments made 5. Part of column 4 that is included
in the controlling organization's
gross income
6. Deductions directly connected with income in column 5
(1)Tessellated Inc 87-2220454        
(2)ND Renewable Energy Inc 81-4675664        
(3)          
(4)          
Nonexempt Controlled Organizations
7. Taxable income 8. Net unrelated
income (loss)
(see instructions)
9. Total of specified payments made 10. Part of column 9
that is included in the
controlling organization's
gross income
11. Deductions directly connected with
income in column 10
(1)43,415 43,415 7,303 7,303 0
(2)-14,974 -14,974 23,063 23,063 0
(3)        
(4)        
 
Add columns 5 and 10.
Enter here and on Part I,
line 8, column (A)
Add columns 6 and 11.
Enter here and on Part I,
line 8, column (B)
Totals.........................
0
0
Part VII
Investment Income of a Section 501(c)(7), (9), or (17) Organization (see instructions)
1. Description of income 2. Amount of income 3. Deductions directly connected
(attach statement)
4. Set-asides
(attach statement)
5. Total deductions and set-asides
(add columns 3 and 4)
(1)        
(2)        
(3)        
(4)        



Totals.........
Add amounts in column 2.
Enter here and on Part I,
line 9, column (A)
0



 



 
Add amounts in column 5.
Enter here and on Part I,
line 9, column (B)
0
Part VIII
Exploited Exempt Activity Income, Other Than Advertising Income (see instructions)
1
Description of exploited activity:  
 
 
2
Gross unrelated business income from trade or business. Enter here and on Part I, line 10, column (A) ...
2
0
3
Expenses directly connected with production of unrelated business income. Enter here and on Part I, line 10, column (B) ...............................

3

0
4
Net income (loss) from unrelated trade or business. Subtract line 3 from line 2. If a gain, complete
lines 5 through 7 .............................

4

0
5
Gross income from activity that is not unrelated business income ..............
5
0
6
Expenses attributable to income entered on line 5 ...................
6
0
7
Excess exempt expenses. Subtract line 5 from line 6, but do not enter more than the amount on line 4. Enter here and on Part II, line 12 ..........................

7

0
Schedule A (Form 990-T) 2022
Schedule A (Form 990-T) 2022 Page 4
Part IX
Advertising Income
1
Name(s) of periodical(s). Check box if reporting two or more periodicals on a consolidated basis.
A
 
B
 
C
 
D
 
Enter amounts for each periodical listed above in the corresponding column.
 
 
A
B
C
D
2
Gross advertising income ......
 
 
 
a
Add columns A through D. Enter here and on Part I, line 11, column (A) .............
0
3
Direct Advertising costs by periodical ..
 
 
 
 
a
Add columns A through D. Enter here and on Part I, line 11, column (B) .............
0
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8 ............
 
 
 
 
5
Readership costs ........
 
 
 
 
6
Circulation income ........
 
 
 
 
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero .....
 
 
 
 
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7 .
 
 
 
 
a
Add line 8, columns A through D. Enter the greater of the columns total or zero here and on Part II, line 13 ..
0
Part X
Compensation of Officers, Directors, and Trustees (see instructions)
1. Name 2. Title 3. Percentage
of time devoted
to business
4. Compensation
attributable to
unrelated business
(1)      
(2)      
(3)      
(4)      
Total. Enter here and on Part II, line 1 .........................
0
Part XI
Supplemental Information (see instructions)
 
 
 
 
 
 
 
 
 
Schedule A (Form 990-T) 2022
Additional Data


Software ID: 23017435
Software Version: 2023v8.0

SCHEDULE A
(Form 990-T)


Department of the Treasury
Internal Revenue Service
Unrelated Business Taxable Income
From an Unrelated Trade or Business


Go to www.irs.gov/Form990T for instructions and the latest information.
Do not enter SSN numbers on this form as it may be made public if your organization is a 501(c)(3).
OMB No. 1545-0047
2022
Open to Public Inspection for 501(c)(3) Organizations Only
A Name of the organization
University of Notre Dame du Lac
 
BEmployer identification number
35-0868188

C Unrelated business activity code (see instructions) 901101

D Sequence: 1 of 12

E Describe the unrelated trade or business Investment Activities
Part I
Unrelated Trade or Business Income
 
(A) Income
(B) Expenses
(C) Net
1a
Gross receipts or sales   0
 
 
 
 
b
Less returns and allowances   0c Balance
1c
0
 
 
2
Cost of goods sold (Part III, line 8) .........
2
0
 
 
3
Gross profit. Subtract line 2 from line 1c .......
3
0
 
0
4a
Capital gain net income (attach Sch D (Form 1041 or Form
1120)) (see instructions) ............

4a

0
 

0
b
Net gain (loss) (Form 4797) (attach Form 4797) (see instructions)
4b
Click to see attachment
List of Attached Documents:
// Content
27,842,454
 
27,842,454
c
Capital loss deduction for trusts
4c
 
 
 
5
Income (loss) from a partnership or an S corporation (attach statement) ................

5

Click to see attachment
List of Attached Documents:
// Content
32,697,721
 

32,697,721
6
Rent income (Part IV) .............
6
0
0
0
7
Unrelated debt-financed income (Part V) .......
7
0
0
0
8
Interest, annuities, royalties, and rents from a controlled
organization (Part VI) .............

8

0

0

0
9
Investment income of section 501(c)(7), (9), or (17)
organizations (Part VII) ............

9

0

0

0
10
Exploited exempt activity income (Part VIII) ......
10
0
0
0
11
Advertising income (Part IX) ...........
11
0
0
0
12
Other income (see instructions; attach statement) ....
12
0
 
0
13
Total. Combine lines 3 through 12 .........
13
60,540,175
0
60,540,175
Part II
Deductions Not Taken Elsewhere (See instructions for limitations on deductions) Deductions must be directly connected with the unrelated business income
1
Compensation of officers, directors, and trustees (Part X) .................
1
0
2
Salaries and wages ............................
2
0
3
Repairs and maintenance ..........................
3
0
4
Bad debts ...............................
4
0
5
Interest (attach statement) (see instructions) ...................
5
0
6
Taxes and licenses .............................
6
1,483,001
7
Depreciation (attach Form 4562) (see instructions) .........
7
0
 
 
8
Less depreciation claimed in Part III and elsewhere on return .....
8a
0
8b
0
9
Depletion ...............................
9
0
10
Contributions to deferred compensation plans .....................
10
0
11
Employee benefit programs ..........................
11
0
12
Excess exempt expenses (Part VIII) .......................
12
0
13
Excess readership costs (Part IX) ........................
13
0
14
Other deductions (attach statement) Click to see attachment
List of Attached Documents:
// Content
......................
14
132,763
15
Total deductions. Add lines 1 through 14 .....................
15
1,615,764
16
Unrelated business income before net operating loss deduction. Subtract line 15 from Part I, line 13, column (C)
16
58,924,411
17
Deduction for net operating loss (see instructions) ..................
17
36,723,719
18
Unrelated business taxable income. Subtract line 17 from line 16 .............
18
22,200,692
For Paperwork Reduction Act Notice, see instructions.Cat. No. 74036OSchedule A (Form 990-T) 2022
Schedule A (Form 990-T) 2022 Page 2
Part III
Cost of Goods Sold Enter method of inventory valuation  
1
Inventory at beginning of year ........................
1
0
2
Purchases ...............................
2
0
3
Cost of labor ..............................
3
0
4
Additional section 263A costs (attach statement) ..................
4
 
5
Other costs (attach statement) Click to see attachment
List of Attached Documents:
// Content
........................
5
0
6
Total. Add lines 1 through 5 ..........................
6
0
7
Inventory at end of year ...........................
7
0
8
Cost of goods sold. Subtract line 7 from line 6. Enter here and in Part I, line 2 ..........
8
0
9
Do the rules of section 263A (with respect to property produced or acquired for resale) apply to the organization?
YesNo
Part IV
Rent Income (From Real Property and Personal Property Leased with Real Property)
1
Description of property (property street address, city, state, ZIP code). Check if a dual-use (see instructions)
A
 
B
 
C
 
D
 
 
 
A
B
C
D
2
Rent received or accrued
 
 
 
 
a
From personal property (if the percentage of rent for personal property is more than 10% but not more than 50%) ......


 
 
 
b
From real and personal property (if the percentage of rent for personal property exceeds 50% or if the rent is based on profit or income) ..........
 
 
 
 
c
Total rents received or accrued by property. Add lines 2a and 2b, columns A through D .
 
 
 
 
3
Total rents received or accrued. Add line 2c columns A through D. Enter here and on Part I, line 6, column (A) .
0
4
Deductions directly connected with the income in lines 2(a) and 2(b) (attach statement) .
 
 
 
 
5
Total deductions. Add line 4 columns A through D. Enter here and on Part I, line 6, column (B) .....
0
Part V
Unrelated Debt-Financed Income (see instructions)
1
Description of debt-financed property (street address, city, state, ZIP code). Check if a dual-use (see instructions)
A
 
B
 
C
 
D
 
 
 
A
B
C
D
2
Gross income from or allocable to debt-financed property ........
 
 
 
3
Deductions directly connected with or allocable to debt-financed property
 
 
 
 
a
Straight line depreciation (attach statement)
 
 
 
 
b
Other deductions (attach statement) ...
 
 
 
 
c
Total deductions (add lines 3a and 3b, columns A through D) ..........
 
 
 
 
4
Amount of average acquisition debt on or allocable to debt-financed property (attach statement) ...........
 
 
 
 
5
Average adjusted basis of or allocable to debt-financed property (attach statement) ...
 
 
 
 
6
Divide line 4 by line 5 .......
%
%
%
%
7
Gross income reportable. Multiply line 2 by line 6
 
 
 
 
8
Total gross income (add line 7, columns A through D). Enter here and on Part I, line 7, column (A) ....
0
9
Allocable deductions. Multiply line 3c by line 6
 
 
 
 
10
Total allocable deductions. Add line 9, columns A through D. Enter here and on Part I, line 7, column (B) ..
0
11
Total dividends-received deductions included in line 10 .................
0
Schedule A (Form 990-T) 2022
Schedule A (Form 990-T) 2022 Page 3
Part VI
Interest, Annuities, Royalties, and Rents from Controlled Organizations (see instructions)
1. Name of controlled organization 2. Employer identification number Exempt Controlled Organizations
3. Net unrelated income (loss)
(see instructions)
4. Total of specified payments made 5. Part of column 4 that is included
in the controlling organization's
gross income
6. Deductions directly connected with income in column 5
(1)Tessellated Inc 87-2220454        
(2)ND Renewable Energy Inc 81-4675664        
(3)          
(4)          
Nonexempt Controlled Organizations
7. Taxable income 8. Net unrelated
income (loss)
(see instructions)
9. Total of specified payments made 10. Part of column 9
that is included in the
controlling organization's
gross income
11. Deductions directly connected with
income in column 10
(1)43,415 43,415 7,303 7,303 0
(2)-14,974 -14,974 23,063 23,063 0
(3)        
(4)        
 
Add columns 5 and 10.
Enter here and on Part I,
line 8, column (A)
Add columns 6 and 11.
Enter here and on Part I,
line 8, column (B)
Totals.........................
0
0
Part VII
Investment Income of a Section 501(c)(7), (9), or (17) Organization (see instructions)
1. Description of income 2. Amount of income 3. Deductions directly connected
(attach statement)
4. Set-asides
(attach statement)
5. Total deductions and set-asides
(add columns 3 and 4)
(1)        
(2)        
(3)        
(4)        



Totals.........
Add amounts in column 2.
Enter here and on Part I,
line 9, column (A)
0



 



 
Add amounts in column 5.
Enter here and on Part I,
line 9, column (B)
0
Part VIII
Exploited Exempt Activity Income, Other Than Advertising Income (see instructions)
1
Description of exploited activity:  
 
 
2
Gross unrelated business income from trade or business. Enter here and on Part I, line 10, column (A) ...
2
0
3
Expenses directly connected with production of unrelated business income. Enter here and on Part I, line 10, column (B) ...............................

3

0
4
Net income (loss) from unrelated trade or business. Subtract line 3 from line 2. If a gain, complete
lines 5 through 7 .............................

4

0
5
Gross income from activity that is not unrelated business income ..............
5
0
6
Expenses attributable to income entered on line 5 ...................
6
0
7
Excess exempt expenses. Subtract line 5 from line 6, but do not enter more than the amount on line 4. Enter here and on Part II, line 12 ..........................

7

0
Schedule A (Form 990-T) 2022
Schedule A (Form 990-T) 2022 Page 4
Part IX
Advertising Income
1
Name(s) of periodical(s). Check box if reporting two or more periodicals on a consolidated basis.
A
 
B
 
C
 
D
 
Enter amounts for each periodical listed above in the corresponding column.
 
 
A
B
C
D
2
Gross advertising income ......
 
 
 
a
Add columns A through D. Enter here and on Part I, line 11, column (A) .............
0
3
Direct Advertising costs by periodical ..
 
 
 
 
a
Add columns A through D. Enter here and on Part I, line 11, column (B) .............
0
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8 ............
 
 
 
 
5
Readership costs ........
 
 
 
 
6
Circulation income ........
 
 
 
 
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero .....
 
 
 
 
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7 .
 
 
 
 
a
Add line 8, columns A through D. Enter the greater of the columns total or zero here and on Part II, line 13 ..
0
Part X
Compensation of Officers, Directors, and Trustees (see instructions)
1. Name 2. Title 3. Percentage
of time devoted
to business
4. Compensation
attributable to
unrelated business
(1)      
(2)      
(3)      
(4)      
Total. Enter here and on Part II, line 1 .........................
0
Part XI
Supplemental Information (see instructions)
 
 
 
 
 
 
 
 
 
Schedule A (Form 990-T) 2022
Additional Data


Software ID: 23017435
Software Version: 2023v8.0

SCHEDULE A
(Form 990-T)


Department of the Treasury
Internal Revenue Service
Unrelated Business Taxable Income
From an Unrelated Trade or Business


Go to www.irs.gov/Form990T for instructions and the latest information.
Do not enter SSN numbers on this form as it may be made public if your organization is a 501(c)(3).
OMB No. 1545-0047
2022
Open to Public Inspection for 501(c)(3) Organizations Only
A Name of the organization
University of Notre Dame du Lac
 
BEmployer identification number
35-0868188

C Unrelated business activity code (see instructions) 901101

D Sequence: 1 of 12

E Describe the unrelated trade or business Investment Activities
Part I
Unrelated Trade or Business Income
 
(A) Income
(B) Expenses
(C) Net
1a
Gross receipts or sales   0
 
 
 
 
b
Less returns and allowances   0c Balance
1c
0
 
 
2
Cost of goods sold (Part III, line 8) .........
2
0
 
 
3
Gross profit. Subtract line 2 from line 1c .......
3
0
 
0
4a
Capital gain net income (attach Sch D (Form 1041 or Form
1120)) (see instructions) ............

4a

0
 

0
b
Net gain (loss) (Form 4797) (attach Form 4797) (see instructions)
4b
Click to see attachment
List of Attached Documents:
// Content
27,842,454
 
27,842,454
c
Capital loss deduction for trusts
4c
 
 
 
5
Income (loss) from a partnership or an S corporation (attach statement) ................

5

Click to see attachment
List of Attached Documents:
// Content
32,697,721
 

32,697,721
6
Rent income (Part IV) .............
6
0
0
0
7
Unrelated debt-financed income (Part V) .......
7
0
0
0
8
Interest, annuities, royalties, and rents from a controlled
organization (Part VI) .............

8

0

0

0
9
Investment income of section 501(c)(7), (9), or (17)
organizations (Part VII) ............

9

0

0

0
10
Exploited exempt activity income (Part VIII) ......
10
0
0
0
11
Advertising income (Part IX) ...........
11
0
0
0
12
Other income (see instructions; attach statement) ....
12
0
 
0
13
Total. Combine lines 3 through 12 .........
13
60,540,175
0
60,540,175
Part II
Deductions Not Taken Elsewhere (See instructions for limitations on deductions) Deductions must be directly connected with the unrelated business income
1
Compensation of officers, directors, and trustees (Part X) .................
1
0
2
Salaries and wages ............................
2
0
3
Repairs and maintenance ..........................
3
0
4
Bad debts ...............................
4
0
5
Interest (attach statement) (see instructions) ...................
5
0
6
Taxes and licenses .............................
6
1,483,001
7
Depreciation (attach Form 4562) (see instructions) .........
7
0
 
 
8
Less depreciation claimed in Part III and elsewhere on return .....
8a
0
8b
0
9
Depletion ...............................
9
0
10
Contributions to deferred compensation plans .....................
10
0
11
Employee benefit programs ..........................
11
0
12
Excess exempt expenses (Part VIII) .......................
12
0
13
Excess readership costs (Part IX) ........................
13
0
14
Other deductions (attach statement) Click to see attachment
List of Attached Documents:
// Content
......................
14
132,763
15
Total deductions. Add lines 1 through 14 .....................
15
1,615,764
16
Unrelated business income before net operating loss deduction. Subtract line 15 from Part I, line 13, column (C)
16
58,924,411
17
Deduction for net operating loss (see instructions) ..................
17
36,723,719
18
Unrelated business taxable income. Subtract line 17 from line 16 .............
18
22,200,692
For Paperwork Reduction Act Notice, see instructions.Cat. No. 74036OSchedule A (Form 990-T) 2022
Schedule A (Form 990-T) 2022 Page 2
Part III
Cost of Goods Sold Enter method of inventory valuation  
1
Inventory at beginning of year ........................
1
0
2
Purchases ...............................
2
0
3
Cost of labor ..............................
3
0
4
Additional section 263A costs (attach statement) ..................
4
 
5
Other costs (attach statement) Click to see attachment
List of Attached Documents:
// Content
........................
5
0
6
Total. Add lines 1 through 5 ..........................
6
0
7
Inventory at end of year ...........................
7
0
8
Cost of goods sold. Subtract line 7 from line 6. Enter here and in Part I, line 2 ..........
8
0
9
Do the rules of section 263A (with respect to property produced or acquired for resale) apply to the organization?
YesNo
Part IV
Rent Income (From Real Property and Personal Property Leased with Real Property)
1
Description of property (property street address, city, state, ZIP code). Check if a dual-use (see instructions)
A
 
B
 
C
 
D
 
 
 
A
B
C
D
2
Rent received or accrued
 
 
 
 
a
From personal property (if the percentage of rent for personal property is more than 10% but not more than 50%) ......


 
 
 
b
From real and personal property (if the percentage of rent for personal property exceeds 50% or if the rent is based on profit or income) ..........
 
 
 
 
c
Total rents received or accrued by property. Add lines 2a and 2b, columns A through D .
 
 
 
 
3
Total rents received or accrued. Add line 2c columns A through D. Enter here and on Part I, line 6, column (A) .
0
4
Deductions directly connected with the income in lines 2(a) and 2(b) (attach statement) .
 
 
 
 
5
Total deductions. Add line 4 columns A through D. Enter here and on Part I, line 6, column (B) .....
0
Part V
Unrelated Debt-Financed Income (see instructions)
1
Description of debt-financed property (street address, city, state, ZIP code). Check if a dual-use (see instructions)
A
 
B
 
C
 
D
 
 
 
A
B
C
D
2
Gross income from or allocable to debt-financed property ........
 
 
 
3
Deductions directly connected with or allocable to debt-financed property
 
 
 
 
a
Straight line depreciation (attach statement)
 
 
 
 
b
Other deductions (attach statement) ...
 
 
 
 
c
Total deductions (add lines 3a and 3b, columns A through D) ..........
 
 
 
 
4
Amount of average acquisition debt on or allocable to debt-financed property (attach statement) ...........
 
 
 
 
5
Average adjusted basis of or allocable to debt-financed property (attach statement) ...
 
 
 
 
6
Divide line 4 by line 5 .......
%
%
%
%
7
Gross income reportable. Multiply line 2 by line 6
 
 
 
 
8
Total gross income (add line 7, columns A through D). Enter here and on Part I, line 7, column (A) ....
0
9
Allocable deductions. Multiply line 3c by line 6
 
 
 
 
10
Total allocable deductions. Add line 9, columns A through D. Enter here and on Part I, line 7, column (B) ..
0
11
Total dividends-received deductions included in line 10 .................
0
Schedule A (Form 990-T) 2022
Schedule A (Form 990-T) 2022 Page 3
Part VI
Interest, Annuities, Royalties, and Rents from Controlled Organizations (see instructions)
1. Name of controlled organization 2. Employer identification number Exempt Controlled Organizations
3. Net unrelated income (loss)
(see instructions)
4. Total of specified payments made 5. Part of column 4 that is included
in the controlling organization's
gross income
6. Deductions directly connected with income in column 5
(1)Tessellated Inc 87-2220454        
(2)ND Renewable Energy Inc 81-4675664        
(3)          
(4)          
Nonexempt Controlled Organizations
7. Taxable income 8. Net unrelated
income (loss)
(see instructions)
9. Total of specified payments made 10. Part of column 9
that is included in the
controlling organization's
gross income
11. Deductions directly connected with
income in column 10
(1)43,415 43,415 7,303 7,303 0
(2)-14,974 -14,974 23,063 23,063 0
(3)        
(4)        
 
Add columns 5 and 10.
Enter here and on Part I,
line 8, column (A)
Add columns 6 and 11.
Enter here and on Part I,
line 8, column (B)
Totals.........................
0
0
Part VII
Investment Income of a Section 501(c)(7), (9), or (17) Organization (see instructions)
1. Description of income 2. Amount of income 3. Deductions directly connected
(attach statement)
4. Set-asides
(attach statement)
5. Total deductions and set-asides
(add columns 3 and 4)
(1)        
(2)        
(3)        
(4)        



Totals.........
Add amounts in column 2.
Enter here and on Part I,
line 9, column (A)
0



 



 
Add amounts in column 5.
Enter here and on Part I,
line 9, column (B)
0
Part VIII
Exploited Exempt Activity Income, Other Than Advertising Income (see instructions)
1
Description of exploited activity:  
 
 
2
Gross unrelated business income from trade or business. Enter here and on Part I, line 10, column (A) ...
2
0
3
Expenses directly connected with production of unrelated business income. Enter here and on Part I, line 10, column (B) ...............................

3

0
4
Net income (loss) from unrelated trade or business. Subtract line 3 from line 2. If a gain, complete
lines 5 through 7 .............................

4

0
5
Gross income from activity that is not unrelated business income ..............
5
0
6
Expenses attributable to income entered on line 5 ...................
6
0
7
Excess exempt expenses. Subtract line 5 from line 6, but do not enter more than the amount on line 4. Enter here and on Part II, line 12 ..........................

7

0
Schedule A (Form 990-T) 2022
Schedule A (Form 990-T) 2022 Page 4
Part IX
Advertising Income
1
Name(s) of periodical(s). Check box if reporting two or more periodicals on a consolidated basis.
A
 
B
 
C
 
D
 
Enter amounts for each periodical listed above in the corresponding column.
 
 
A
B
C
D
2
Gross advertising income ......
 
 
 
a
Add columns A through D. Enter here and on Part I, line 11, column (A) .............
0
3
Direct Advertising costs by periodical ..
 
 
 
 
a
Add columns A through D. Enter here and on Part I, line 11, column (B) .............
0
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8 ............
 
 
 
 
5
Readership costs ........
 
 
 
 
6
Circulation income ........
 
 
 
 
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero .....
 
 
 
 
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7 .
 
 
 
 
a
Add line 8, columns A through D. Enter the greater of the columns total or zero here and on Part II, line 13 ..
0
Part X
Compensation of Officers, Directors, and Trustees (see instructions)
1. Name 2. Title 3. Percentage
of time devoted
to business
4. Compensation
attributable to
unrelated business
(1)      
(2)      
(3)      
(4)      
Total. Enter here and on Part II, line 1 .........................
0
Part XI
Supplemental Information (see instructions)
 
 
 
 
 
 
 
 
 
Schedule A (Form 990-T) 2022
Additional Data


Software ID: 23017435
Software Version: 2023v8.0

SCHEDULE A
(Form 990-T)


Department of the Treasury
Internal Revenue Service
Unrelated Business Taxable Income
From an Unrelated Trade or Business


Go to www.irs.gov/Form990T for instructions and the latest information.
Do not enter SSN numbers on this form as it may be made public if your organization is a 501(c)(3).
OMB No. 1545-0047
2022
Open to Public Inspection for 501(c)(3) Organizations Only
A Name of the organization
University of Notre Dame du Lac
 
BEmployer identification number
35-0868188

C Unrelated business activity code (see instructions) 901101

D Sequence: 1 of 12

E Describe the unrelated trade or business Investment Activities
Part I
Unrelated Trade or Business Income
 
(A) Income
(B) Expenses
(C) Net
1a
Gross receipts or sales   0
 
 
 
 
b
Less returns and allowances   0c Balance
1c
0
 
 
2
Cost of goods sold (Part III, line 8) .........
2
0
 
 
3
Gross profit. Subtract line 2 from line 1c .......
3
0
 
0
4a
Capital gain net income (attach Sch D (Form 1041 or Form
1120)) (see instructions) ............

4a

0
 

0
b
Net gain (loss) (Form 4797) (attach Form 4797) (see instructions)
4b
Click to see attachment
List of Attached Documents:
// Content
27,842,454
 
27,842,454
c
Capital loss deduction for trusts
4c
 
 
 
5
Income (loss) from a partnership or an S corporation (attach statement) ................

5

Click to see attachment
List of Attached Documents:
// Content
32,697,721
 

32,697,721
6
Rent income (Part IV) .............
6
0
0
0
7
Unrelated debt-financed income (Part V) .......
7
0
0
0
8
Interest, annuities, royalties, and rents from a controlled
organization (Part VI) .............

8

0

0

0
9
Investment income of section 501(c)(7), (9), or (17)
organizations (Part VII) ............

9

0

0

0
10
Exploited exempt activity income (Part VIII) ......
10
0
0
0
11
Advertising income (Part IX) ...........
11
0
0
0
12
Other income (see instructions; attach statement) ....
12
0
 
0
13
Total. Combine lines 3 through 12 .........
13
60,540,175
0
60,540,175
Part II
Deductions Not Taken Elsewhere (See instructions for limitations on deductions) Deductions must be directly connected with the unrelated business income
1
Compensation of officers, directors, and trustees (Part X) .................
1
0
2
Salaries and wages ............................
2
0
3
Repairs and maintenance ..........................
3
0
4
Bad debts ...............................
4
0
5
Interest (attach statement) (see instructions) ...................
5
0
6
Taxes and licenses .............................
6
1,483,001
7
Depreciation (attach Form 4562) (see instructions) .........
7
0
 
 
8
Less depreciation claimed in Part III and elsewhere on return .....
8a
0
8b
0
9
Depletion ...............................
9
0
10
Contributions to deferred compensation plans .....................
10
0
11
Employee benefit programs ..........................
11
0
12
Excess exempt expenses (Part VIII) .......................
12
0
13
Excess readership costs (Part IX) ........................
13
0
14
Other deductions (attach statement) Click to see attachment
List of Attached Documents:
// Content
......................
14
132,763
15
Total deductions. Add lines 1 through 14 .....................
15
1,615,764
16
Unrelated business income before net operating loss deduction. Subtract line 15 from Part I, line 13, column (C)
16
58,924,411
17
Deduction for net operating loss (see instructions) ..................
17
36,723,719
18
Unrelated business taxable income. Subtract line 17 from line 16 .............
18
22,200,692
For Paperwork Reduction Act Notice, see instructions.Cat. No. 74036OSchedule A (Form 990-T) 2022
Schedule A (Form 990-T) 2022 Page 2
Part III
Cost of Goods Sold Enter method of inventory valuation  
1
Inventory at beginning of year ........................
1
0
2
Purchases ...............................
2
0
3
Cost of labor ..............................
3
0
4
Additional section 263A costs (attach statement) ..................
4
 
5
Other costs (attach statement) Click to see attachment
List of Attached Documents:
// Content
........................
5
0
6
Total. Add lines 1 through 5 ..........................
6
0
7
Inventory at end of year ...........................
7
0
8
Cost of goods sold. Subtract line 7 from line 6. Enter here and in Part I, line 2 ..........
8
0
9
Do the rules of section 263A (with respect to property produced or acquired for resale) apply to the organization?
YesNo
Part IV
Rent Income (From Real Property and Personal Property Leased with Real Property)
1
Description of property (property street address, city, state, ZIP code). Check if a dual-use (see instructions)
A
 
B
 
C
 
D
 
 
 
A
B
C
D
2
Rent received or accrued
 
 
 
 
a
From personal property (if the percentage of rent for personal property is more than 10% but not more than 50%) ......


 
 
 
b
From real and personal property (if the percentage of rent for personal property exceeds 50% or if the rent is based on profit or income) ..........
 
 
 
 
c
Total rents received or accrued by property. Add lines 2a and 2b, columns A through D .
 
 
 
 
3
Total rents received or accrued. Add line 2c columns A through D. Enter here and on Part I, line 6, column (A) .
0
4
Deductions directly connected with the income in lines 2(a) and 2(b) (attach statement) .
 
 
 
 
5
Total deductions. Add line 4 columns A through D. Enter here and on Part I, line 6, column (B) .....
0
Part V
Unrelated Debt-Financed Income (see instructions)
1
Description of debt-financed property (street address, city, state, ZIP code). Check if a dual-use (see instructions)
A
 
B
 
C
 
D
 
 
 
A
B
C
D
2
Gross income from or allocable to debt-financed property ........
 
 
 
3
Deductions directly connected with or allocable to debt-financed property
 
 
 
 
a
Straight line depreciation (attach statement)
 
 
 
 
b
Other deductions (attach statement) ...
 
 
 
 
c
Total deductions (add lines 3a and 3b, columns A through D) ..........
 
 
 
 
4
Amount of average acquisition debt on or allocable to debt-financed property (attach statement) ...........
 
 
 
 
5
Average adjusted basis of or allocable to debt-financed property (attach statement) ...
 
 
 
 
6
Divide line 4 by line 5 .......
%
%
%
%
7
Gross income reportable. Multiply line 2 by line 6
 
 
 
 
8
Total gross income (add line 7, columns A through D). Enter here and on Part I, line 7, column (A) ....
0
9
Allocable deductions. Multiply line 3c by line 6
 
 
 
 
10
Total allocable deductions. Add line 9, columns A through D. Enter here and on Part I, line 7, column (B) ..
0
11
Total dividends-received deductions included in line 10 .................
0
Schedule A (Form 990-T) 2022
Schedule A (Form 990-T) 2022 Page 3
Part VI
Interest, Annuities, Royalties, and Rents from Controlled Organizations (see instructions)
1. Name of controlled organization 2. Employer identification number Exempt Controlled Organizations
3. Net unrelated income (loss)
(see instructions)
4. Total of specified payments made 5. Part of column 4 that is included
in the controlling organization's
gross income
6. Deductions directly connected with income in column 5
(1)Tessellated Inc 87-2220454        
(2)ND Renewable Energy Inc 81-4675664        
(3)          
(4)          
Nonexempt Controlled Organizations
7. Taxable income 8. Net unrelated
income (loss)
(see instructions)
9. Total of specified payments made 10. Part of column 9
that is included in the
controlling organization's
gross income
11. Deductions directly connected with
income in column 10
(1)43,415 43,415 7,303 7,303 0
(2)-14,974 -14,974 23,063 23,063 0
(3)        
(4)        
 
Add columns 5 and 10.
Enter here and on Part I,
line 8, column (A)
Add columns 6 and 11.
Enter here and on Part I,
line 8, column (B)
Totals.........................
0
0
Part VII
Investment Income of a Section 501(c)(7), (9), or (17) Organization (see instructions)
1. Description of income 2. Amount of income 3. Deductions directly connected
(attach statement)
4. Set-asides
(attach statement)
5. Total deductions and set-asides
(add columns 3 and 4)
(1)        
(2)        
(3)        
(4)        



Totals.........
Add amounts in column 2.
Enter here and on Part I,
line 9, column (A)
0



 



 
Add amounts in column 5.
Enter here and on Part I,
line 9, column (B)
0
Part VIII
Exploited Exempt Activity Income, Other Than Advertising Income (see instructions)
1
Description of exploited activity:  
 
 
2
Gross unrelated business income from trade or business. Enter here and on Part I, line 10, column (A) ...
2
0
3
Expenses directly connected with production of unrelated business income. Enter here and on Part I, line 10, column (B) ...............................

3

0
4
Net income (loss) from unrelated trade or business. Subtract line 3 from line 2. If a gain, complete
lines 5 through 7 .............................

4

0
5
Gross income from activity that is not unrelated business income ..............
5
0
6
Expenses attributable to income entered on line 5 ...................
6
0
7
Excess exempt expenses. Subtract line 5 from line 6, but do not enter more than the amount on line 4. Enter here and on Part II, line 12 ..........................

7

0
Schedule A (Form 990-T) 2022
Schedule A (Form 990-T) 2022 Page 4
Part IX
Advertising Income
1
Name(s) of periodical(s). Check box if reporting two or more periodicals on a consolidated basis.
A
 
B
 
C
 
D
 
Enter amounts for each periodical listed above in the corresponding column.
 
 
A
B
C
D
2
Gross advertising income ......
 
 
 
a
Add columns A through D. Enter here and on Part I, line 11, column (A) .............
0
3
Direct Advertising costs by periodical ..
 
 
 
 
a
Add columns A through D. Enter here and on Part I, line 11, column (B) .............
0
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8 ............
 
 
 
 
5
Readership costs ........
 
 
 
 
6
Circulation income ........
 
 
 
 
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero .....
 
 
 
 
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7 .
 
 
 
 
a
Add line 8, columns A through D. Enter the greater of the columns total or zero here and on Part II, line 13 ..
0
Part X
Compensation of Officers, Directors, and Trustees (see instructions)
1. Name 2. Title 3. Percentage
of time devoted
to business
4. Compensation
attributable to
unrelated business
(1)      
(2)      
(3)      
(4)      
Total. Enter here and on Part II, line 1 .........................
0
Part XI
Supplemental Information (see instructions)
 
 
 
 
 
 
 
 
 
Schedule A (Form 990-T) 2022
Additional Data


Software ID: 23017435
Software Version: 2023v8.0

SCHEDULE A
(Form 990-T)


Department of the Treasury
Internal Revenue Service
Unrelated Business Taxable Income
From an Unrelated Trade or Business


Go to www.irs.gov/Form990T for instructions and the latest information.
Do not enter SSN numbers on this form as it may be made public if your organization is a 501(c)(3).
OMB No. 1545-0047
2022
Open to Public Inspection for 501(c)(3) Organizations Only
A Name of the organization
University of Notre Dame du Lac
 
BEmployer identification number
35-0868188

C Unrelated business activity code (see instructions) 901101

D Sequence: 1 of 12

E Describe the unrelated trade or business Investment Activities
Part I
Unrelated Trade or Business Income
 
(A) Income
(B) Expenses
(C) Net
1a
Gross receipts or sales   0
 
 
 
 
b
Less returns and allowances   0c Balance
1c
0
 
 
2
Cost of goods sold (Part III, line 8) .........
2
0
 
 
3
Gross profit. Subtract line 2 from line 1c .......
3
0
 
0
4a
Capital gain net income (attach Sch D (Form 1041 or Form
1120)) (see instructions) ............

4a

0
 

0
b
Net gain (loss) (Form 4797) (attach Form 4797) (see instructions)
4b
Click to see attachment
List of Attached Documents:
// Content
27,842,454
 
27,842,454
c
Capital loss deduction for trusts
4c
 
 
 
5
Income (loss) from a partnership or an S corporation (attach statement) ................

5

Click to see attachment
List of Attached Documents:
// Content
32,697,721
 

32,697,721
6
Rent income (Part IV) .............
6
0
0
0
7
Unrelated debt-financed income (Part V) .......
7
0
0
0
8
Interest, annuities, royalties, and rents from a controlled
organization (Part VI) .............

8

0

0

0
9
Investment income of section 501(c)(7), (9), or (17)
organizations (Part VII) ............

9

0

0

0
10
Exploited exempt activity income (Part VIII) ......
10
0
0
0
11
Advertising income (Part IX) ...........
11
0
0
0
12
Other income (see instructions; attach statement) ....
12
0
 
0
13
Total. Combine lines 3 through 12 .........
13
60,540,175
0
60,540,175
Part II
Deductions Not Taken Elsewhere (See instructions for limitations on deductions) Deductions must be directly connected with the unrelated business income
1
Compensation of officers, directors, and trustees (Part X) .................
1
0
2
Salaries and wages ............................
2
0
3
Repairs and maintenance ..........................
3
0
4
Bad debts ...............................
4
0
5
Interest (attach statement) (see instructions) ...................
5
0
6
Taxes and licenses .............................
6
1,483,001
7
Depreciation (attach Form 4562) (see instructions) .........
7
0
 
 
8
Less depreciation claimed in Part III and elsewhere on return .....
8a
0
8b
0
9
Depletion ...............................
9
0
10
Contributions to deferred compensation plans .....................
10
0
11
Employee benefit programs ..........................
11
0
12
Excess exempt expenses (Part VIII) .......................
12
0
13
Excess readership costs (Part IX) ........................
13
0
14
Other deductions (attach statement) Click to see attachment
List of Attached Documents:
// Content
......................
14
132,763
15
Total deductions. Add lines 1 through 14 .....................
15
1,615,764
16
Unrelated business income before net operating loss deduction. Subtract line 15 from Part I, line 13, column (C)
16
58,924,411
17
Deduction for net operating loss (see instructions) ..................
17
36,723,719
18
Unrelated business taxable income. Subtract line 17 from line 16 .............
18
22,200,692
For Paperwork Reduction Act Notice, see instructions.Cat. No. 74036OSchedule A (Form 990-T) 2022
Schedule A (Form 990-T) 2022 Page 2
Part III
Cost of Goods Sold Enter method of inventory valuation  
1
Inventory at beginning of year ........................
1
0
2
Purchases ...............................
2
0
3
Cost of labor ..............................
3
0
4
Additional section 263A costs (attach statement) ..................
4
 
5
Other costs (attach statement) Click to see attachment
List of Attached Documents:
// Content
........................
5
0
6
Total. Add lines 1 through 5 ..........................
6
0
7
Inventory at end of year ...........................
7
0
8
Cost of goods sold. Subtract line 7 from line 6. Enter here and in Part I, line 2 ..........
8
0
9
Do the rules of section 263A (with respect to property produced or acquired for resale) apply to the organization?
YesNo
Part IV
Rent Income (From Real Property and Personal Property Leased with Real Property)
1
Description of property (property street address, city, state, ZIP code). Check if a dual-use (see instructions)
A
 
B
 
C
 
D
 
 
 
A
B
C
D
2
Rent received or accrued
 
 
 
 
a
From personal property (if the percentage of rent for personal property is more than 10% but not more than 50%) ......


 
 
 
b
From real and personal property (if the percentage of rent for personal property exceeds 50% or if the rent is based on profit or income) ..........
 
 
 
 
c
Total rents received or accrued by property. Add lines 2a and 2b, columns A through D .
 
 
 
 
3
Total rents received or accrued. Add line 2c columns A through D. Enter here and on Part I, line 6, column (A) .
0
4
Deductions directly connected with the income in lines 2(a) and 2(b) (attach statement) .
 
 
 
 
5
Total deductions. Add line 4 columns A through D. Enter here and on Part I, line 6, column (B) .....
0
Part V
Unrelated Debt-Financed Income (see instructions)
1
Description of debt-financed property (street address, city, state, ZIP code). Check if a dual-use (see instructions)
A
 
B
 
C
 
D
 
 
 
A
B
C
D
2
Gross income from or allocable to debt-financed property ........
 
 
 
3
Deductions directly connected with or allocable to debt-financed property
 
 
 
 
a
Straight line depreciation (attach statement)
 
 
 
 
b
Other deductions (attach statement) ...
 
 
 
 
c
Total deductions (add lines 3a and 3b, columns A through D) ..........
 
 
 
 
4
Amount of average acquisition debt on or allocable to debt-financed property (attach statement) ...........
 
 
 
 
5
Average adjusted basis of or allocable to debt-financed property (attach statement) ...
 
 
 
 
6
Divide line 4 by line 5 .......
%
%
%
%
7
Gross income reportable. Multiply line 2 by line 6
 
 
 
 
8
Total gross income (add line 7, columns A through D). Enter here and on Part I, line 7, column (A) ....
0
9
Allocable deductions. Multiply line 3c by line 6
 
 
 
 
10
Total allocable deductions. Add line 9, columns A through D. Enter here and on Part I, line 7, column (B) ..
0
11
Total dividends-received deductions included in line 10 .................
0
Schedule A (Form 990-T) 2022
Schedule A (Form 990-T) 2022 Page 3
Part VI
Interest, Annuities, Royalties, and Rents from Controlled Organizations (see instructions)
1. Name of controlled organization 2. Employer identification number Exempt Controlled Organizations
3. Net unrelated income (loss)
(see instructions)
4. Total of specified payments made 5. Part of column 4 that is included
in the controlling organization's
gross income
6. Deductions directly connected with income in column 5
(1)Tessellated Inc 87-2220454        
(2)ND Renewable Energy Inc 81-4675664        
(3)          
(4)          
Nonexempt Controlled Organizations
7. Taxable income 8. Net unrelated
income (loss)
(see instructions)
9. Total of specified payments made 10. Part of column 9
that is included in the
controlling organization's
gross income
11. Deductions directly connected with
income in column 10
(1)43,415 43,415 7,303 7,303 0
(2)-14,974 -14,974 23,063 23,063 0
(3)        
(4)        
 
Add columns 5 and 10.
Enter here and on Part I,
line 8, column (A)
Add columns 6 and 11.
Enter here and on Part I,
line 8, column (B)
Totals.........................
0
0
Part VII
Investment Income of a Section 501(c)(7), (9), or (17) Organization (see instructions)
1. Description of income 2. Amount of income 3. Deductions directly connected
(attach statement)
4. Set-asides
(attach statement)
5. Total deductions and set-asides
(add columns 3 and 4)
(1)        
(2)        
(3)        
(4)        



Totals.........
Add amounts in column 2.
Enter here and on Part I,
line 9, column (A)
0



 



 
Add amounts in column 5.
Enter here and on Part I,
line 9, column (B)
0
Part VIII
Exploited Exempt Activity Income, Other Than Advertising Income (see instructions)
1
Description of exploited activity:  
 
 
2
Gross unrelated business income from trade or business. Enter here and on Part I, line 10, column (A) ...
2
0
3
Expenses directly connected with production of unrelated business income. Enter here and on Part I, line 10, column (B) ...............................

3

0
4
Net income (loss) from unrelated trade or business. Subtract line 3 from line 2. If a gain, complete
lines 5 through 7 .............................

4

0
5
Gross income from activity that is not unrelated business income ..............
5
0
6
Expenses attributable to income entered on line 5 ...................
6
0
7
Excess exempt expenses. Subtract line 5 from line 6, but do not enter more than the amount on line 4. Enter here and on Part II, line 12 ..........................

7

0
Schedule A (Form 990-T) 2022
Schedule A (Form 990-T) 2022 Page 4
Part IX
Advertising Income
1
Name(s) of periodical(s). Check box if reporting two or more periodicals on a consolidated basis.
A
 
B
 
C
 
D
 
Enter amounts for each periodical listed above in the corresponding column.
 
 
A
B
C
D
2
Gross advertising income ......
 
 
 
a
Add columns A through D. Enter here and on Part I, line 11, column (A) .............
0
3
Direct Advertising costs by periodical ..
 
 
 
 
a
Add columns A through D. Enter here and on Part I, line 11, column (B) .............
0
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8 ............
 
 
 
 
5
Readership costs ........
 
 
 
 
6
Circulation income ........
 
 
 
 
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero .....
 
 
 
 
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7 .
 
 
 
 
a
Add line 8, columns A through D. Enter the greater of the columns total or zero here and on Part II, line 13 ..
0
Part X
Compensation of Officers, Directors, and Trustees (see instructions)
1. Name 2. Title 3. Percentage
of time devoted
to business
4. Compensation
attributable to
unrelated business
(1)      
(2)      
(3)      
(4)      
Total. Enter here and on Part II, line 1 .........................
0
Part XI
Supplemental Information (see instructions)
 
 
 
 
 
 
 
 
 
Schedule A (Form 990-T) 2022
Additional Data


Software ID: 23017435
Software Version: 2023v8.0

SCHEDULE A
(Form 990-T)


Department of the Treasury
Internal Revenue Service
Unrelated Business Taxable Income
From an Unrelated Trade or Business


Go to www.irs.gov/Form990T for instructions and the latest information.
Do not enter SSN numbers on this form as it may be made public if your organization is a 501(c)(3).
OMB No. 1545-0047
2022
Open to Public Inspection for 501(c)(3) Organizations Only
A Name of the organization
University of Notre Dame du Lac
 
BEmployer identification number
35-0868188

C Unrelated business activity code (see instructions) 901101

D Sequence: 1 of 12

E Describe the unrelated trade or business Investment Activities
Part I
Unrelated Trade or Business Income
 
(A) Income
(B) Expenses
(C) Net
1a
Gross receipts or sales   0
 
 
 
 
b
Less returns and allowances   0c Balance
1c
0
 
 
2
Cost of goods sold (Part III, line 8) .........
2
0
 
 
3
Gross profit. Subtract line 2 from line 1c .......
3
0
 
0
4a
Capital gain net income (attach Sch D (Form 1041 or Form
1120)) (see instructions) ............

4a

0
 

0
b
Net gain (loss) (Form 4797) (attach Form 4797) (see instructions)
4b
Click to see attachment
List of Attached Documents:
// Content
27,842,454
 
27,842,454
c
Capital loss deduction for trusts
4c
 
 
 
5
Income (loss) from a partnership or an S corporation (attach statement) ................

5

Click to see attachment
List of Attached Documents:
// Content
32,697,721
 

32,697,721
6
Rent income (Part IV) .............
6
0
0
0
7
Unrelated debt-financed income (Part V) .......
7
0
0
0
8
Interest, annuities, royalties, and rents from a controlled
organization (Part VI) .............

8

0

0

0
9
Investment income of section 501(c)(7), (9), or (17)
organizations (Part VII) ............

9

0

0

0
10
Exploited exempt activity income (Part VIII) ......
10
0
0
0
11
Advertising income (Part IX) ...........
11
0
0
0
12
Other income (see instructions; attach statement) ....
12
0
 
0
13
Total. Combine lines 3 through 12 .........
13
60,540,175
0
60,540,175
Part II
Deductions Not Taken Elsewhere (See instructions for limitations on deductions) Deductions must be directly connected with the unrelated business income
1
Compensation of officers, directors, and trustees (Part X) .................
1
0
2
Salaries and wages ............................
2
0
3
Repairs and maintenance ..........................
3
0
4
Bad debts ...............................
4
0
5
Interest (attach statement) (see instructions) ...................
5
0
6
Taxes and licenses .............................
6
1,483,001
7
Depreciation (attach Form 4562) (see instructions) .........
7
0
 
 
8
Less depreciation claimed in Part III and elsewhere on return .....
8a
0
8b
0
9
Depletion ...............................
9
0
10
Contributions to deferred compensation plans .....................
10
0
11
Employee benefit programs ..........................
11
0
12
Excess exempt expenses (Part VIII) .......................
12
0
13
Excess readership costs (Part IX) ........................
13
0
14
Other deductions (attach statement) Click to see attachment
List of Attached Documents:
// Content
......................
14
132,763
15
Total deductions. Add lines 1 through 14 .....................
15
1,615,764
16
Unrelated business income before net operating loss deduction. Subtract line 15 from Part I, line 13, column (C)
16
58,924,411
17
Deduction for net operating loss (see instructions) ..................
17
36,723,719
18
Unrelated business taxable income. Subtract line 17 from line 16 .............
18
22,200,692
For Paperwork Reduction Act Notice, see instructions.Cat. No. 74036OSchedule A (Form 990-T) 2022
Schedule A (Form 990-T) 2022 Page 2
Part III
Cost of Goods Sold Enter method of inventory valuation  
1
Inventory at beginning of year ........................
1
0
2
Purchases ...............................
2
0
3
Cost of labor ..............................
3
0
4
Additional section 263A costs (attach statement) ..................
4
 
5
Other costs (attach statement) Click to see attachment
List of Attached Documents:
// Content
........................
5
0
6
Total. Add lines 1 through 5 ..........................
6
0
7
Inventory at end of year ...........................
7
0
8
Cost of goods sold. Subtract line 7 from line 6. Enter here and in Part I, line 2 ..........
8
0
9
Do the rules of section 263A (with respect to property produced or acquired for resale) apply to the organization?
YesNo
Part IV
Rent Income (From Real Property and Personal Property Leased with Real Property)
1
Description of property (property street address, city, state, ZIP code). Check if a dual-use (see instructions)
A
 
B
 
C
 
D
 
 
 
A
B
C
D
2
Rent received or accrued
 
 
 
 
a
From personal property (if the percentage of rent for personal property is more than 10% but not more than 50%) ......


 
 
 
b
From real and personal property (if the percentage of rent for personal property exceeds 50% or if the rent is based on profit or income) ..........
 
 
 
 
c
Total rents received or accrued by property. Add lines 2a and 2b, columns A through D .
 
 
 
 
3
Total rents received or accrued. Add line 2c columns A through D. Enter here and on Part I, line 6, column (A) .
0
4
Deductions directly connected with the income in lines 2(a) and 2(b) (attach statement) .
 
 
 
 
5
Total deductions. Add line 4 columns A through D. Enter here and on Part I, line 6, column (B) .....
0
Part V
Unrelated Debt-Financed Income (see instructions)
1
Description of debt-financed property (street address, city, state, ZIP code). Check if a dual-use (see instructions)
A
 
B
 
C
 
D
 
 
 
A
B
C
D
2
Gross income from or allocable to debt-financed property ........
 
 
 
3
Deductions directly connected with or allocable to debt-financed property
 
 
 
 
a
Straight line depreciation (attach statement)
 
 
 
 
b
Other deductions (attach statement) ...
 
 
 
 
c
Total deductions (add lines 3a and 3b, columns A through D) ..........
 
 
 
 
4
Amount of average acquisition debt on or allocable to debt-financed property (attach statement) ...........
 
 
 
 
5
Average adjusted basis of or allocable to debt-financed property (attach statement) ...
 
 
 
 
6
Divide line 4 by line 5 .......
%
%
%
%
7
Gross income reportable. Multiply line 2 by line 6
 
 
 
 
8
Total gross income (add line 7, columns A through D). Enter here and on Part I, line 7, column (A) ....
0
9
Allocable deductions. Multiply line 3c by line 6
 
 
 
 
10
Total allocable deductions. Add line 9, columns A through D. Enter here and on Part I, line 7, column (B) ..
0
11
Total dividends-received deductions included in line 10 .................
0
Schedule A (Form 990-T) 2022
Schedule A (Form 990-T) 2022 Page 3
Part VI
Interest, Annuities, Royalties, and Rents from Controlled Organizations (see instructions)
1. Name of controlled organization 2. Employer identification number Exempt Controlled Organizations
3. Net unrelated income (loss)
(see instructions)
4. Total of specified payments made 5. Part of column 4 that is included
in the controlling organization's
gross income
6. Deductions directly connected with income in column 5
(1)Tessellated Inc 87-2220454        
(2)ND Renewable Energy Inc 81-4675664        
(3)          
(4)          
Nonexempt Controlled Organizations
7. Taxable income 8. Net unrelated
income (loss)
(see instructions)
9. Total of specified payments made 10. Part of column 9
that is included in the
controlling organization's
gross income
11. Deductions directly connected with
income in column 10
(1)43,415 43,415 7,303 7,303 0
(2)-14,974 -14,974 23,063 23,063 0
(3)        
(4)        
 
Add columns 5 and 10.
Enter here and on Part I,
line 8, column (A)
Add columns 6 and 11.
Enter here and on Part I,
line 8, column (B)
Totals.........................
0
0
Part VII
Investment Income of a Section 501(c)(7), (9), or (17) Organization (see instructions)
1. Description of income 2. Amount of income 3. Deductions directly connected
(attach statement)
4. Set-asides
(attach statement)
5. Total deductions and set-asides
(add columns 3 and 4)
(1)        
(2)        
(3)        
(4)        



Totals.........
Add amounts in column 2.
Enter here and on Part I,
line 9, column (A)
0



 



 
Add amounts in column 5.
Enter here and on Part I,
line 9, column (B)
0
Part VIII
Exploited Exempt Activity Income, Other Than Advertising Income (see instructions)
1
Description of exploited activity:  
 
 
2
Gross unrelated business income from trade or business. Enter here and on Part I, line 10, column (A) ...
2
0
3
Expenses directly connected with production of unrelated business income. Enter here and on Part I, line 10, column (B) ...............................

3

0
4
Net income (loss) from unrelated trade or business. Subtract line 3 from line 2. If a gain, complete
lines 5 through 7 .............................

4

0
5
Gross income from activity that is not unrelated business income ..............
5
0
6
Expenses attributable to income entered on line 5 ...................
6
0
7
Excess exempt expenses. Subtract line 5 from line 6, but do not enter more than the amount on line 4. Enter here and on Part II, line 12 ..........................

7

0
Schedule A (Form 990-T) 2022
Schedule A (Form 990-T) 2022 Page 4
Part IX
Advertising Income
1
Name(s) of periodical(s). Check box if reporting two or more periodicals on a consolidated basis.
A
 
B
 
C
 
D
 
Enter amounts for each periodical listed above in the corresponding column.
 
 
A
B
C
D
2
Gross advertising income ......
 
 
 
a
Add columns A through D. Enter here and on Part I, line 11, column (A) .............
0
3
Direct Advertising costs by periodical ..
 
 
 
 
a
Add columns A through D. Enter here and on Part I, line 11, column (B) .............
0
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8 ............
 
 
 
 
5
Readership costs ........
 
 
 
 
6
Circulation income ........
 
 
 
 
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero .....
 
 
 
 
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7 .
 
 
 
 
a
Add line 8, columns A through D. Enter the greater of the columns total or zero here and on Part II, line 13 ..
0
Part X
Compensation of Officers, Directors, and Trustees (see instructions)
1. Name 2. Title 3. Percentage
of time devoted
to business
4. Compensation
attributable to
unrelated business
(1)      
(2)      
(3)      
(4)      
Total. Enter here and on Part II, line 1 .........................
0
Part XI
Supplemental Information (see instructions)
 
 
 
 
 
 
 
 
 
Schedule A (Form 990-T) 2022
Additional Data


Software ID: 23017435
Software Version: 2023v8.0

SCHEDULE A
(Form 990-T)


Department of the Treasury
Internal Revenue Service
Unrelated Business Taxable Income
From an Unrelated Trade or Business


Go to www.irs.gov/Form990T for instructions and the latest information.
Do not enter SSN numbers on this form as it may be made public if your organization is a 501(c)(3).
OMB No. 1545-0047
2022
Open to Public Inspection for 501(c)(3) Organizations Only
A Name of the organization
University of Notre Dame du Lac
 
BEmployer identification number
35-0868188

C Unrelated business activity code (see instructions) 901101

D Sequence: 1 of 12

E Describe the unrelated trade or business Investment Activities
Part I
Unrelated Trade or Business Income
 
(A) Income
(B) Expenses
(C) Net
1a
Gross receipts or sales   0
 
 
 
 
b
Less returns and allowances   0c Balance
1c
0
 
 
2
Cost of goods sold (Part III, line 8) .........
2
0
 
 
3
Gross profit. Subtract line 2 from line 1c .......
3
0
 
0
4a
Capital gain net income (attach Sch D (Form 1041 or Form
1120)) (see instructions) ............

4a

0
 

0
b
Net gain (loss) (Form 4797) (attach Form 4797) (see instructions)
4b
Click to see attachment
List of Attached Documents:
// Content
27,842,454
 
27,842,454
c
Capital loss deduction for trusts
4c
 
 
 
5
Income (loss) from a partnership or an S corporation (attach statement) ................

5

Click to see attachment
List of Attached Documents:
// Content
32,697,721
 

32,697,721
6
Rent income (Part IV) .............
6
0
0
0
7
Unrelated debt-financed income (Part V) .......
7
0
0
0
8
Interest, annuities, royalties, and rents from a controlled
organization (Part VI) .............

8

0

0

0
9
Investment income of section 501(c)(7), (9), or (17)
organizations (Part VII) ............

9

0

0

0
10
Exploited exempt activity income (Part VIII) ......
10
0
0
0
11
Advertising income (Part IX) ...........
11
0
0
0
12
Other income (see instructions; attach statement) ....
12
0
 
0
13
Total. Combine lines 3 through 12 .........
13
60,540,175
0
60,540,175
Part II
Deductions Not Taken Elsewhere (See instructions for limitations on deductions) Deductions must be directly connected with the unrelated business income
1
Compensation of officers, directors, and trustees (Part X) .................
1
0
2
Salaries and wages ............................
2
0
3
Repairs and maintenance ..........................
3
0
4
Bad debts ...............................
4
0
5
Interest (attach statement) (see instructions) ...................
5
0
6
Taxes and licenses .............................
6
1,483,001
7
Depreciation (attach Form 4562) (see instructions) .........
7
0
 
 
8
Less depreciation claimed in Part III and elsewhere on return .....
8a
0
8b
0
9
Depletion ...............................
9
0
10
Contributions to deferred compensation plans .....................
10
0
11
Employee benefit programs ..........................
11
0
12
Excess exempt expenses (Part VIII) .......................
12
0
13
Excess readership costs (Part IX) ........................
13
0
14
Other deductions (attach statement) Click to see attachment
List of Attached Documents:
// Content
......................
14
132,763
15
Total deductions. Add lines 1 through 14 .....................
15
1,615,764
16
Unrelated business income before net operating loss deduction. Subtract line 15 from Part I, line 13, column (C)
16
58,924,411
17
Deduction for net operating loss (see instructions) ..................
17
36,723,719
18
Unrelated business taxable income. Subtract line 17 from line 16 .............
18
22,200,692
For Paperwork Reduction Act Notice, see instructions.Cat. No. 74036OSchedule A (Form 990-T) 2022
Schedule A (Form 990-T) 2022 Page 2
Part III
Cost of Goods Sold Enter method of inventory valuation  
1
Inventory at beginning of year ........................
1
0
2
Purchases ...............................
2
0
3
Cost of labor ..............................
3
0
4
Additional section 263A costs (attach statement) ..................
4
 
5
Other costs (attach statement) Click to see attachment
List of Attached Documents:
// Content
........................
5
0
6
Total. Add lines 1 through 5 ..........................
6
0
7
Inventory at end of year ...........................
7
0
8
Cost of goods sold. Subtract line 7 from line 6. Enter here and in Part I, line 2 ..........
8
0
9
Do the rules of section 263A (with respect to property produced or acquired for resale) apply to the organization?
YesNo
Part IV
Rent Income (From Real Property and Personal Property Leased with Real Property)
1
Description of property (property street address, city, state, ZIP code). Check if a dual-use (see instructions)
A
 
B
 
C
 
D
 
 
 
A
B
C
D
2
Rent received or accrued
 
 
 
 
a
From personal property (if the percentage of rent for personal property is more than 10% but not more than 50%) ......


 
 
 
b
From real and personal property (if the percentage of rent for personal property exceeds 50% or if the rent is based on profit or income) ..........
 
 
 
 
c
Total rents received or accrued by property. Add lines 2a and 2b, columns A through D .
 
 
 
 
3
Total rents received or accrued. Add line 2c columns A through D. Enter here and on Part I, line 6, column (A) .
0
4
Deductions directly connected with the income in lines 2(a) and 2(b) (attach statement) .
 
 
 
 
5
Total deductions. Add line 4 columns A through D. Enter here and on Part I, line 6, column (B) .....
0
Part V
Unrelated Debt-Financed Income (see instructions)
1
Description of debt-financed property (street address, city, state, ZIP code). Check if a dual-use (see instructions)
A
 
B
 
C
 
D
 
 
 
A
B
C
D
2
Gross income from or allocable to debt-financed property ........
 
 
 
3
Deductions directly connected with or allocable to debt-financed property
 
 
 
 
a
Straight line depreciation (attach statement)
 
 
 
 
b
Other deductions (attach statement) ...
 
 
 
 
c
Total deductions (add lines 3a and 3b, columns A through D) ..........
 
 
 
 
4
Amount of average acquisition debt on or allocable to debt-financed property (attach statement) ...........
 
 
 
 
5
Average adjusted basis of or allocable to debt-financed property (attach statement) ...
 
 
 
 
6
Divide line 4 by line 5 .......
%
%
%
%
7
Gross income reportable. Multiply line 2 by line 6
 
 
 
 
8
Total gross income (add line 7, columns A through D). Enter here and on Part I, line 7, column (A) ....
0
9
Allocable deductions. Multiply line 3c by line 6
 
 
 
 
10
Total allocable deductions. Add line 9, columns A through D. Enter here and on Part I, line 7, column (B) ..
0
11
Total dividends-received deductions included in line 10 .................
0
Schedule A (Form 990-T) 2022
Schedule A (Form 990-T) 2022 Page 3
Part VI
Interest, Annuities, Royalties, and Rents from Controlled Organizations (see instructions)
1. Name of controlled organization 2. Employer identification number Exempt Controlled Organizations
3. Net unrelated income (loss)
(see instructions)
4. Total of specified payments made 5. Part of column 4 that is included
in the controlling organization's
gross income
6. Deductions directly connected with income in column 5
(1)Tessellated Inc 87-2220454        
(2)ND Renewable Energy Inc 81-4675664        
(3)          
(4)          
Nonexempt Controlled Organizations
7. Taxable income 8. Net unrelated
income (loss)
(see instructions)
9. Total of specified payments made 10. Part of column 9
that is included in the
controlling organization's
gross income
11. Deductions directly connected with
income in column 10
(1)43,415 43,415 7,303 7,303 0
(2)-14,974 -14,974 23,063 23,063 0
(3)        
(4)        
 
Add columns 5 and 10.
Enter here and on Part I,
line 8, column (A)
Add columns 6 and 11.
Enter here and on Part I,
line 8, column (B)
Totals.........................
0
0
Part VII
Investment Income of a Section 501(c)(7), (9), or (17) Organization (see instructions)
1. Description of income 2. Amount of income 3. Deductions directly connected
(attach statement)
4. Set-asides
(attach statement)
5. Total deductions and set-asides
(add columns 3 and 4)
(1)        
(2)        
(3)        
(4)        



Totals.........
Add amounts in column 2.
Enter here and on Part I,
line 9, column (A)
0



 



 
Add amounts in column 5.
Enter here and on Part I,
line 9, column (B)
0
Part VIII
Exploited Exempt Activity Income, Other Than Advertising Income (see instructions)
1
Description of exploited activity:  
 
 
2
Gross unrelated business income from trade or business. Enter here and on Part I, line 10, column (A) ...
2
0
3
Expenses directly connected with production of unrelated business income. Enter here and on Part I, line 10, column (B) ...............................

3

0
4
Net income (loss) from unrelated trade or business. Subtract line 3 from line 2. If a gain, complete
lines 5 through 7 .............................

4

0
5
Gross income from activity that is not unrelated business income ..............
5
0
6
Expenses attributable to income entered on line 5 ...................
6
0
7
Excess exempt expenses. Subtract line 5 from line 6, but do not enter more than the amount on line 4. Enter here and on Part II, line 12 ..........................

7

0
Schedule A (Form 990-T) 2022
Schedule A (Form 990-T) 2022 Page 4
Part IX
Advertising Income
1
Name(s) of periodical(s). Check box if reporting two or more periodicals on a consolidated basis.
A
 
B
 
C
 
D
 
Enter amounts for each periodical listed above in the corresponding column.
 
 
A
B
C
D
2
Gross advertising income ......
 
 
 
a
Add columns A through D. Enter here and on Part I, line 11, column (A) .............
0
3
Direct Advertising costs by periodical ..
 
 
 
 
a
Add columns A through D. Enter here and on Part I, line 11, column (B) .............
0
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8 ............
 
 
 
 
5
Readership costs ........
 
 
 
 
6
Circulation income ........
 
 
 
 
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero .....
 
 
 
 
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7 .
 
 
 
 
a
Add line 8, columns A through D. Enter the greater of the columns total or zero here and on Part II, line 13 ..
0
Part X
Compensation of Officers, Directors, and Trustees (see instructions)
1. Name 2. Title 3. Percentage
of time devoted
to business
4. Compensation
attributable to
unrelated business
(1)      
(2)      
(3)      
(4)      
Total. Enter here and on Part II, line 1 .........................
0
Part XI
Supplemental Information (see instructions)
 
 
 
 
 
 
 
 
 
Schedule A (Form 990-T) 2022
Additional Data


Software ID: 23017435
Software Version: 2023v8.0

SCHEDULE A
(Form 990-T)


Department of the Treasury
Internal Revenue Service
Unrelated Business Taxable Income
From an Unrelated Trade or Business


Go to www.irs.gov/Form990T for instructions and the latest information.
Do not enter SSN numbers on this form as it may be made public if your organization is a 501(c)(3).
OMB No. 1545-0047
2022
Open to Public Inspection for 501(c)(3) Organizations Only
A Name of the organization
University of Notre Dame du Lac
 
BEmployer identification number
35-0868188

C Unrelated business activity code (see instructions) 901101

D Sequence: 1 of 12

E Describe the unrelated trade or business Investment Activities
Part I
Unrelated Trade or Business Income
 
(A) Income
(B) Expenses
(C) Net
1a
Gross receipts or sales   0
 
 
 
 
b
Less returns and allowances   0c Balance
1c
0
 
 
2
Cost of goods sold (Part III, line 8) .........
2
0
 
 
3
Gross profit. Subtract line 2 from line 1c .......
3
0
 
0
4a
Capital gain net income (attach Sch D (Form 1041 or Form
1120)) (see instructions) ............

4a

0
 

0
b
Net gain (loss) (Form 4797) (attach Form 4797) (see instructions)
4b
Click to see attachment
List of Attached Documents:
// Content
27,842,454
 
27,842,454
c
Capital loss deduction for trusts
4c
 
 
 
5
Income (loss) from a partnership or an S corporation (attach statement) ................

5

Click to see attachment
List of Attached Documents:
// Content
32,697,721
 

32,697,721
6
Rent income (Part IV) .............
6
0
0
0
7
Unrelated debt-financed income (Part V) .......
7
0
0
0
8
Interest, annuities, royalties, and rents from a controlled
organization (Part VI) .............

8

0

0

0
9
Investment income of section 501(c)(7), (9), or (17)
organizations (Part VII) ............

9

0

0

0
10
Exploited exempt activity income (Part VIII) ......
10
0
0
0
11
Advertising income (Part IX) ...........
11
0
0
0
12
Other income (see instructions; attach statement) ....
12
0
 
0
13
Total. Combine lines 3 through 12 .........
13
60,540,175
0
60,540,175
Part II
Deductions Not Taken Elsewhere (See instructions for limitations on deductions) Deductions must be directly connected with the unrelated business income
1
Compensation of officers, directors, and trustees (Part X) .................
1
0
2
Salaries and wages ............................
2
0
3
Repairs and maintenance ..........................
3
0
4
Bad debts ...............................
4
0
5
Interest (attach statement) (see instructions) ...................
5
0
6
Taxes and licenses .............................
6
1,483,001
7
Depreciation (attach Form 4562) (see instructions) .........
7
0
 
 
8
Less depreciation claimed in Part III and elsewhere on return .....
8a
0
8b
0
9
Depletion ...............................
9
0
10
Contributions to deferred compensation plans .....................
10
0
11
Employee benefit programs ..........................
11
0
12
Excess exempt expenses (Part VIII) .......................
12
0
13
Excess readership costs (Part IX) ........................
13
0
14
Other deductions (attach statement) Click to see attachment
List of Attached Documents:
// Content
......................
14
132,763
15
Total deductions. Add lines 1 through 14 .....................
15
1,615,764
16
Unrelated business income before net operating loss deduction. Subtract line 15 from Part I, line 13, column (C)
16
58,924,411
17
Deduction for net operating loss (see instructions) ..................
17
36,723,719
18
Unrelated business taxable income. Subtract line 17 from line 16 .............
18
22,200,692
For Paperwork Reduction Act Notice, see instructions.Cat. No. 74036OSchedule A (Form 990-T) 2022
Schedule A (Form 990-T) 2022 Page 2
Part III
Cost of Goods Sold Enter method of inventory valuation  
1
Inventory at beginning of year ........................
1
0
2
Purchases ...............................
2
0
3
Cost of labor ..............................
3
0
4
Additional section 263A costs (attach statement) ..................
4
 
5
Other costs (attach statement) Click to see attachment
List of Attached Documents:
// Content
........................
5
0
6
Total. Add lines 1 through 5 ..........................
6
0
7
Inventory at end of year ...........................
7
0
8
Cost of goods sold. Subtract line 7 from line 6. Enter here and in Part I, line 2 ..........
8
0
9
Do the rules of section 263A (with respect to property produced or acquired for resale) apply to the organization?
YesNo
Part IV
Rent Income (From Real Property and Personal Property Leased with Real Property)
1
Description of property (property street address, city, state, ZIP code). Check if a dual-use (see instructions)
A
 
B
 
C
 
D
 
 
 
A
B
C
D
2
Rent received or accrued
 
 
 
 
a
From personal property (if the percentage of rent for personal property is more than 10% but not more than 50%) ......


 
 
 
b
From real and personal property (if the percentage of rent for personal property exceeds 50% or if the rent is based on profit or income) ..........
 
 
 
 
c
Total rents received or accrued by property. Add lines 2a and 2b, columns A through D .
 
 
 
 
3
Total rents received or accrued. Add line 2c columns A through D. Enter here and on Part I, line 6, column (A) .
0
4
Deductions directly connected with the income in lines 2(a) and 2(b) (attach statement) .
 
 
 
 
5
Total deductions. Add line 4 columns A through D. Enter here and on Part I, line 6, column (B) .....
0
Part V
Unrelated Debt-Financed Income (see instructions)
1
Description of debt-financed property (street address, city, state, ZIP code). Check if a dual-use (see instructions)
A
 
B
 
C
 
D
 
 
 
A
B
C
D
2
Gross income from or allocable to debt-financed property ........
 
 
 
3
Deductions directly connected with or allocable to debt-financed property
 
 
 
 
a
Straight line depreciation (attach statement)
 
 
 
 
b
Other deductions (attach statement) ...
 
 
 
 
c
Total deductions (add lines 3a and 3b, columns A through D) ..........
 
 
 
 
4
Amount of average acquisition debt on or allocable to debt-financed property (attach statement) ...........
 
 
 
 
5
Average adjusted basis of or allocable to debt-financed property (attach statement) ...
 
 
 
 
6
Divide line 4 by line 5 .......
%
%
%
%
7
Gross income reportable. Multiply line 2 by line 6
 
 
 
 
8
Total gross income (add line 7, columns A through D). Enter here and on Part I, line 7, column (A) ....
0
9
Allocable deductions. Multiply line 3c by line 6
 
 
 
 
10
Total allocable deductions. Add line 9, columns A through D. Enter here and on Part I, line 7, column (B) ..
0
11
Total dividends-received deductions included in line 10 .................
0
Schedule A (Form 990-T) 2022
Schedule A (Form 990-T) 2022 Page 3
Part VI
Interest, Annuities, Royalties, and Rents from Controlled Organizations (see instructions)
1. Name of controlled organization 2. Employer identification number Exempt Controlled Organizations
3. Net unrelated income (loss)
(see instructions)
4. Total of specified payments made 5. Part of column 4 that is included
in the controlling organization's
gross income
6. Deductions directly connected with income in column 5
(1)Tessellated Inc 87-2220454        
(2)ND Renewable Energy Inc 81-4675664        
(3)          
(4)          
Nonexempt Controlled Organizations
7. Taxable income 8. Net unrelated
income (loss)
(see instructions)
9. Total of specified payments made 10. Part of column 9
that is included in the
controlling organization's
gross income
11. Deductions directly connected with
income in column 10
(1)43,415 43,415 7,303 7,303 0
(2)-14,974 -14,974 23,063 23,063 0
(3)        
(4)        
 
Add columns 5 and 10.
Enter here and on Part I,
line 8, column (A)
Add columns 6 and 11.
Enter here and on Part I,
line 8, column (B)
Totals.........................
0
0
Part VII
Investment Income of a Section 501(c)(7), (9), or (17) Organization (see instructions)
1. Description of income 2. Amount of income 3. Deductions directly connected
(attach statement)
4. Set-asides
(attach statement)
5. Total deductions and set-asides
(add columns 3 and 4)
(1)        
(2)        
(3)        
(4)        



Totals.........
Add amounts in column 2.
Enter here and on Part I,
line 9, column (A)
0



 



 
Add amounts in column 5.
Enter here and on Part I,
line 9, column (B)
0
Part VIII
Exploited Exempt Activity Income, Other Than Advertising Income (see instructions)
1
Description of exploited activity:  
 
 
2
Gross unrelated business income from trade or business. Enter here and on Part I, line 10, column (A) ...
2
0
3
Expenses directly connected with production of unrelated business income. Enter here and on Part I, line 10, column (B) ...............................

3

0
4
Net income (loss) from unrelated trade or business. Subtract line 3 from line 2. If a gain, complete
lines 5 through 7 .............................

4

0
5
Gross income from activity that is not unrelated business income ..............
5
0
6
Expenses attributable to income entered on line 5 ...................
6
0
7
Excess exempt expenses. Subtract line 5 from line 6, but do not enter more than the amount on line 4. Enter here and on Part II, line 12 ..........................

7

0
Schedule A (Form 990-T) 2022
Schedule A (Form 990-T) 2022 Page 4
Part IX
Advertising Income
1
Name(s) of periodical(s). Check box if reporting two or more periodicals on a consolidated basis.
A
 
B
 
C
 
D
 
Enter amounts for each periodical listed above in the corresponding column.
 
 
A
B
C
D
2
Gross advertising income ......
 
 
 
a
Add columns A through D. Enter here and on Part I, line 11, column (A) .............
0
3
Direct Advertising costs by periodical ..
 
 
 
 
a
Add columns A through D. Enter here and on Part I, line 11, column (B) .............
0
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8 ............
 
 
 
 
5
Readership costs ........
 
 
 
 
6
Circulation income ........
 
 
 
 
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero .....
 
 
 
 
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7 .
 
 
 
 
a
Add line 8, columns A through D. Enter the greater of the columns total or zero here and on Part II, line 13 ..
0
Part X
Compensation of Officers, Directors, and Trustees (see instructions)
1. Name 2. Title 3. Percentage
of time devoted
to business
4. Compensation
attributable to
unrelated business
(1)      
(2)      
(3)      
(4)      
Total. Enter here and on Part II, line 1 .........................
0
Part XI
Supplemental Information (see instructions)
 
 
 
 
 
 
 
 
 
Schedule A (Form 990-T) 2022
Additional Data


Software ID: 23017435
Software Version: 2023v8.0

SCHEDULE A
(Form 990-T)


Department of the Treasury
Internal Revenue Service
Unrelated Business Taxable Income
From an Unrelated Trade or Business


Go to www.irs.gov/Form990T for instructions and the latest information.
Do not enter SSN numbers on this form as it may be made public if your organization is a 501(c)(3).
OMB No. 1545-0047
2022
Open to Public Inspection for 501(c)(3) Organizations Only
A Name of the organization
University of Notre Dame du Lac
 
BEmployer identification number
35-0868188

C Unrelated business activity code (see instructions) 901101

D Sequence: 1 of 12

E Describe the unrelated trade or business Investment Activities
Part I
Unrelated Trade or Business Income
 
(A) Income
(B) Expenses
(C) Net
1a
Gross receipts or sales   0
 
 
 
 
b
Less returns and allowances   0c Balance
1c
0
 
 
2
Cost of goods sold (Part III, line 8) .........
2
0
 
 
3
Gross profit. Subtract line 2 from line 1c .......
3
0
 
0
4a
Capital gain net income (attach Sch D (Form 1041 or Form
1120)) (see instructions) ............

4a

0
 

0
b
Net gain (loss) (Form 4797) (attach Form 4797) (see instructions)
4b
Click to see attachment
List of Attached Documents:
// Content
27,842,454
 
27,842,454
c
Capital loss deduction for trusts
4c
 
 
 
5
Income (loss) from a partnership or an S corporation (attach statement) ................

5

Click to see attachment
List of Attached Documents:
// Content
32,697,721
 

32,697,721
6
Rent income (Part IV) .............
6
0
0
0
7
Unrelated debt-financed income (Part V) .......
7
0
0
0
8
Interest, annuities, royalties, and rents from a controlled
organization (Part VI) .............

8

0

0

0
9
Investment income of section 501(c)(7), (9), or (17)
organizations (Part VII) ............

9

0

0

0
10
Exploited exempt activity income (Part VIII) ......
10
0
0
0
11
Advertising income (Part IX) ...........
11
0
0
0
12
Other income (see instructions; attach statement) ....
12
0
 
0
13
Total. Combine lines 3 through 12 .........
13
60,540,175
0
60,540,175
Part II
Deductions Not Taken Elsewhere (See instructions for limitations on deductions) Deductions must be directly connected with the unrelated business income
1
Compensation of officers, directors, and trustees (Part X) .................
1
0
2
Salaries and wages ............................
2
0
3
Repairs and maintenance ..........................
3
0
4
Bad debts ...............................
4
0
5
Interest (attach statement) (see instructions) ...................
5
0
6
Taxes and licenses .............................
6
1,483,001
7
Depreciation (attach Form 4562) (see instructions) .........
7
0
 
 
8
Less depreciation claimed in Part III and elsewhere on return .....
8a
0
8b
0
9
Depletion ...............................
9
0
10
Contributions to deferred compensation plans .....................
10
0
11
Employee benefit programs ..........................
11
0
12
Excess exempt expenses (Part VIII) .......................
12
0
13
Excess readership costs (Part IX) ........................
13
0
14
Other deductions (attach statement) Click to see attachment
List of Attached Documents:
// Content
......................
14
132,763
15
Total deductions. Add lines 1 through 14 .....................
15
1,615,764
16
Unrelated business income before net operating loss deduction. Subtract line 15 from Part I, line 13, column (C)
16
58,924,411
17
Deduction for net operating loss (see instructions) ..................
17
36,723,719
18
Unrelated business taxable income. Subtract line 17 from line 16 .............
18
22,200,692
For Paperwork Reduction Act Notice, see instructions.Cat. No. 74036OSchedule A (Form 990-T) 2022
Schedule A (Form 990-T) 2022 Page 2
Part III
Cost of Goods Sold Enter method of inventory valuation  
1
Inventory at beginning of year ........................
1
0
2
Purchases ...............................
2
0
3
Cost of labor ..............................
3
0
4
Additional section 263A costs (attach statement) ..................
4
 
5
Other costs (attach statement) Click to see attachment
List of Attached Documents:
// Content
........................
5
0
6
Total. Add lines 1 through 5 ..........................
6
0
7
Inventory at end of year ...........................
7
0
8
Cost of goods sold. Subtract line 7 from line 6. Enter here and in Part I, line 2 ..........
8
0
9
Do the rules of section 263A (with respect to property produced or acquired for resale) apply to the organization?
YesNo
Part IV
Rent Income (From Real Property and Personal Property Leased with Real Property)
1
Description of property (property street address, city, state, ZIP code). Check if a dual-use (see instructions)
A
 
B
 
C
 
D
 
 
 
A
B
C
D
2
Rent received or accrued
 
 
 
 
a
From personal property (if the percentage of rent for personal property is more than 10% but not more than 50%) ......


 
 
 
b
From real and personal property (if the percentage of rent for personal property exceeds 50% or if the rent is based on profit or income) ..........
 
 
 
 
c
Total rents received or accrued by property. Add lines 2a and 2b, columns A through D .
 
 
 
 
3
Total rents received or accrued. Add line 2c columns A through D. Enter here and on Part I, line 6, column (A) .
0
4
Deductions directly connected with the income in lines 2(a) and 2(b) (attach statement) .
 
 
 
 
5
Total deductions. Add line 4 columns A through D. Enter here and on Part I, line 6, column (B) .....
0
Part V
Unrelated Debt-Financed Income (see instructions)
1
Description of debt-financed property (street address, city, state, ZIP code). Check if a dual-use (see instructions)
A
 
B
 
C
 
D
 
 
 
A
B
C
D
2
Gross income from or allocable to debt-financed property ........
 
 
 
3
Deductions directly connected with or allocable to debt-financed property
 
 
 
 
a
Straight line depreciation (attach statement)
 
 
 
 
b
Other deductions (attach statement) ...
 
 
 
 
c
Total deductions (add lines 3a and 3b, columns A through D) ..........
 
 
 
 
4
Amount of average acquisition debt on or allocable to debt-financed property (attach statement) ...........
 
 
 
 
5
Average adjusted basis of or allocable to debt-financed property (attach statement) ...
 
 
 
 
6
Divide line 4 by line 5 .......
%
%
%
%
7
Gross income reportable. Multiply line 2 by line 6
 
 
 
 
8
Total gross income (add line 7, columns A through D). Enter here and on Part I, line 7, column (A) ....
0
9
Allocable deductions. Multiply line 3c by line 6
 
 
 
 
10
Total allocable deductions. Add line 9, columns A through D. Enter here and on Part I, line 7, column (B) ..
0
11
Total dividends-received deductions included in line 10 .................
0
Schedule A (Form 990-T) 2022
Schedule A (Form 990-T) 2022 Page 3
Part VI
Interest, Annuities, Royalties, and Rents from Controlled Organizations (see instructions)
1. Name of controlled organization 2. Employer identification number Exempt Controlled Organizations
3. Net unrelated income (loss)
(see instructions)
4. Total of specified payments made 5. Part of column 4 that is included
in the controlling organization's
gross income
6. Deductions directly connected with income in column 5
(1)Tessellated Inc 87-2220454        
(2)ND Renewable Energy Inc 81-4675664        
(3)          
(4)          
Nonexempt Controlled Organizations
7. Taxable income 8. Net unrelated
income (loss)
(see instructions)
9. Total of specified payments made 10. Part of column 9
that is included in the
controlling organization's
gross income
11. Deductions directly connected with
income in column 10
(1)43,415 43,415 7,303 7,303 0
(2)-14,974 -14,974 23,063 23,063 0
(3)        
(4)        
 
Add columns 5 and 10.
Enter here and on Part I,
line 8, column (A)
Add columns 6 and 11.
Enter here and on Part I,
line 8, column (B)
Totals.........................
0
0
Part VII
Investment Income of a Section 501(c)(7), (9), or (17) Organization (see instructions)
1. Description of income 2. Amount of income 3. Deductions directly connected
(attach statement)
4. Set-asides
(attach statement)
5. Total deductions and set-asides
(add columns 3 and 4)
(1)        
(2)        
(3)        
(4)        



Totals.........
Add amounts in column 2.
Enter here and on Part I,
line 9, column (A)
0



 



 
Add amounts in column 5.
Enter here and on Part I,
line 9, column (B)
0
Part VIII
Exploited Exempt Activity Income, Other Than Advertising Income (see instructions)
1
Description of exploited activity:  
 
 
2
Gross unrelated business income from trade or business. Enter here and on Part I, line 10, column (A) ...
2
0
3
Expenses directly connected with production of unrelated business income. Enter here and on Part I, line 10, column (B) ...............................

3

0
4
Net income (loss) from unrelated trade or business. Subtract line 3 from line 2. If a gain, complete
lines 5 through 7 .............................

4

0
5
Gross income from activity that is not unrelated business income ..............
5
0
6
Expenses attributable to income entered on line 5 ...................
6
0
7
Excess exempt expenses. Subtract line 5 from line 6, but do not enter more than the amount on line 4. Enter here and on Part II, line 12 ..........................

7

0
Schedule A (Form 990-T) 2022
Schedule A (Form 990-T) 2022 Page 4
Part IX
Advertising Income
1
Name(s) of periodical(s). Check box if reporting two or more periodicals on a consolidated basis.
A
 
B
 
C
 
D
 
Enter amounts for each periodical listed above in the corresponding column.
 
 
A
B
C
D
2
Gross advertising income ......
 
 
 
a
Add columns A through D. Enter here and on Part I, line 11, column (A) .............
0
3
Direct Advertising costs by periodical ..
 
 
 
 
a
Add columns A through D. Enter here and on Part I, line 11, column (B) .............
0
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8 ............
 
 
 
 
5
Readership costs ........
 
 
 
 
6
Circulation income ........
 
 
 
 
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero .....
 
 
 
 
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7 .
 
 
 
 
a
Add line 8, columns A through D. Enter the greater of the columns total or zero here and on Part II, line 13 ..
0
Part X
Compensation of Officers, Directors, and Trustees (see instructions)
1. Name 2. Title 3. Percentage
of time devoted
to business
4. Compensation
attributable to
unrelated business
(1)      
(2)      
(3)      
(4)      
Total. Enter here and on Part II, line 1 .........................
0
Part XI
Supplemental Information (see instructions)
 
 
 
 
 
 
 
 
 
Schedule A (Form 990-T) 2022
Additional Data


Software ID: 23017435
Software Version: 2023v8.0

SCHEDULE A
(Form 990-T)


Department of the Treasury
Internal Revenue Service
Unrelated Business Taxable Income
From an Unrelated Trade or Business


Go to www.irs.gov/Form990T for instructions and the latest information.
Do not enter SSN numbers on this form as it may be made public if your organization is a 501(c)(3).
OMB No. 1545-0047
2022
Open to Public Inspection for 501(c)(3) Organizations Only
A Name of the organization
University of Notre Dame du Lac
 
BEmployer identification number
35-0868188

C Unrelated business activity code (see instructions) 901101

D Sequence: 1 of 12

E Describe the unrelated trade or business Investment Activities
Part I
Unrelated Trade or Business Income
 
(A) Income
(B) Expenses
(C) Net
1a
Gross receipts or sales   0
 
 
 
 
b
Less returns and allowances   0c Balance
1c
0
 
 
2
Cost of goods sold (Part III, line 8) .........
2
0
 
 
3
Gross profit. Subtract line 2 from line 1c .......
3
0
 
0
4a
Capital gain net income (attach Sch D (Form 1041 or Form
1120)) (see instructions) ............

4a

0
 

0
b
Net gain (loss) (Form 4797) (attach Form 4797) (see instructions)
4b
Click to see attachment
List of Attached Documents:
// Content
27,842,454
 
27,842,454
c
Capital loss deduction for trusts
4c
 
 
 
5
Income (loss) from a partnership or an S corporation (attach statement) ................

5

Click to see attachment
List of Attached Documents:
// Content
32,697,721
 

32,697,721
6
Rent income (Part IV) .............
6
0
0
0
7
Unrelated debt-financed income (Part V) .......
7
0
0
0
8
Interest, annuities, royalties, and rents from a controlled
organization (Part VI) .............

8

0

0

0
9
Investment income of section 501(c)(7), (9), or (17)
organizations (Part VII) ............

9

0

0

0
10
Exploited exempt activity income (Part VIII) ......
10
0
0
0
11
Advertising income (Part IX) ...........
11
0
0
0
12
Other income (see instructions; attach statement) ....
12
0
 
0
13
Total. Combine lines 3 through 12 .........
13
60,540,175
0
60,540,175
Part II
Deductions Not Taken Elsewhere (See instructions for limitations on deductions) Deductions must be directly connected with the unrelated business income
1
Compensation of officers, directors, and trustees (Part X) .................
1
0
2
Salaries and wages ............................
2
0
3
Repairs and maintenance ..........................
3
0
4
Bad debts ...............................
4
0
5
Interest (attach statement) (see instructions) ...................
5
0
6
Taxes and licenses .............................
6
1,483,001
7
Depreciation (attach Form 4562) (see instructions) .........
7
0
 
 
8
Less depreciation claimed in Part III and elsewhere on return .....
8a
0
8b
0
9
Depletion ...............................
9
0
10
Contributions to deferred compensation plans .....................
10
0
11
Employee benefit programs ..........................
11
0
12
Excess exempt expenses (Part VIII) .......................
12
0
13
Excess readership costs (Part IX) ........................
13
0
14
Other deductions (attach statement) Click to see attachment
List of Attached Documents:
// Content
......................
14
132,763
15
Total deductions. Add lines 1 through 14 .....................
15
1,615,764
16
Unrelated business income before net operating loss deduction. Subtract line 15 from Part I, line 13, column (C)
16
58,924,411
17
Deduction for net operating loss (see instructions) ..................
17
36,723,719
18
Unrelated business taxable income. Subtract line 17 from line 16 .............
18
22,200,692
For Paperwork Reduction Act Notice, see instructions.Cat. No. 74036OSchedule A (Form 990-T) 2022
Schedule A (Form 990-T) 2022 Page 2
Part III
Cost of Goods Sold Enter method of inventory valuation  
1
Inventory at beginning of year ........................
1
0
2
Purchases ...............................
2
0
3
Cost of labor ..............................
3
0
4
Additional section 263A costs (attach statement) ..................
4
 
5
Other costs (attach statement) Click to see attachment
List of Attached Documents:
// Content
........................
5
0
6
Total. Add lines 1 through 5 ..........................
6
0
7
Inventory at end of year ...........................
7
0
8
Cost of goods sold. Subtract line 7 from line 6. Enter here and in Part I, line 2 ..........
8
0
9
Do the rules of section 263A (with respect to property produced or acquired for resale) apply to the organization?
YesNo
Part IV
Rent Income (From Real Property and Personal Property Leased with Real Property)
1
Description of property (property street address, city, state, ZIP code). Check if a dual-use (see instructions)
A
 
B
 
C
 
D
 
 
 
A
B
C
D
2
Rent received or accrued
 
 
 
 
a
From personal property (if the percentage of rent for personal property is more than 10% but not more than 50%) ......


 
 
 
b
From real and personal property (if the percentage of rent for personal property exceeds 50% or if the rent is based on profit or income) ..........
 
 
 
 
c
Total rents received or accrued by property. Add lines 2a and 2b, columns A through D .
 
 
 
 
3
Total rents received or accrued. Add line 2c columns A through D. Enter here and on Part I, line 6, column (A) .
0
4
Deductions directly connected with the income in lines 2(a) and 2(b) (attach statement) .
 
 
 
 
5
Total deductions. Add line 4 columns A through D. Enter here and on Part I, line 6, column (B) .....
0
Part V
Unrelated Debt-Financed Income (see instructions)
1
Description of debt-financed property (street address, city, state, ZIP code). Check if a dual-use (see instructions)
A
 
B
 
C
 
D
 
 
 
A
B
C
D
2
Gross income from or allocable to debt-financed property ........
 
 
 
3
Deductions directly connected with or allocable to debt-financed property
 
 
 
 
a
Straight line depreciation (attach statement)
 
 
 
 
b
Other deductions (attach statement) ...
 
 
 
 
c
Total deductions (add lines 3a and 3b, columns A through D) ..........
 
 
 
 
4
Amount of average acquisition debt on or allocable to debt-financed property (attach statement) ...........
 
 
 
 
5
Average adjusted basis of or allocable to debt-financed property (attach statement) ...
 
 
 
 
6
Divide line 4 by line 5 .......
%
%
%
%
7
Gross income reportable. Multiply line 2 by line 6
 
 
 
 
8
Total gross income (add line 7, columns A through D). Enter here and on Part I, line 7, column (A) ....
0
9
Allocable deductions. Multiply line 3c by line 6
 
 
 
 
10
Total allocable deductions. Add line 9, columns A through D. Enter here and on Part I, line 7, column (B) ..
0
11
Total dividends-received deductions included in line 10 .................
0
Schedule A (Form 990-T) 2022
Schedule A (Form 990-T) 2022 Page 3
Part VI
Interest, Annuities, Royalties, and Rents from Controlled Organizations (see instructions)
1. Name of controlled organization 2. Employer identification number Exempt Controlled Organizations
3. Net unrelated income (loss)
(see instructions)
4. Total of specified payments made 5. Part of column 4 that is included
in the controlling organization's
gross income
6. Deductions directly connected with income in column 5
(1)Tessellated Inc 87-2220454        
(2)ND Renewable Energy Inc 81-4675664        
(3)          
(4)          
Nonexempt Controlled Organizations
7. Taxable income 8. Net unrelated
income (loss)
(see instructions)
9. Total of specified payments made 10. Part of column 9
that is included in the
controlling organization's
gross income
11. Deductions directly connected with
income in column 10
(1)43,415 43,415 7,303 7,303 0
(2)-14,974 -14,974 23,063 23,063 0
(3)        
(4)        
 
Add columns 5 and 10.
Enter here and on Part I,
line 8, column (A)
Add columns 6 and 11.
Enter here and on Part I,
line 8, column (B)
Totals.........................
0
0
Part VII
Investment Income of a Section 501(c)(7), (9), or (17) Organization (see instructions)
1. Description of income 2. Amount of income 3. Deductions directly connected
(attach statement)
4. Set-asides
(attach statement)
5. Total deductions and set-asides
(add columns 3 and 4)
(1)        
(2)        
(3)        
(4)        



Totals.........
Add amounts in column 2.
Enter here and on Part I,
line 9, column (A)
0



 



 
Add amounts in column 5.
Enter here and on Part I,
line 9, column (B)
0
Part VIII
Exploited Exempt Activity Income, Other Than Advertising Income (see instructions)
1
Description of exploited activity:  
 
 
2
Gross unrelated business income from trade or business. Enter here and on Part I, line 10, column (A) ...
2
0
3
Expenses directly connected with production of unrelated business income. Enter here and on Part I, line 10, column (B) ...............................

3

0
4
Net income (loss) from unrelated trade or business. Subtract line 3 from line 2. If a gain, complete
lines 5 through 7 .............................

4

0
5
Gross income from activity that is not unrelated business income ..............
5
0
6
Expenses attributable to income entered on line 5 ...................
6
0
7
Excess exempt expenses. Subtract line 5 from line 6, but do not enter more than the amount on line 4. Enter here and on Part II, line 12 ..........................

7

0
Schedule A (Form 990-T) 2022
Schedule A (Form 990-T) 2022 Page 4
Part IX
Advertising Income
1
Name(s) of periodical(s). Check box if reporting two or more periodicals on a consolidated basis.
A
 
B
 
C
 
D
 
Enter amounts for each periodical listed above in the corresponding column.
 
 
A
B
C
D
2
Gross advertising income ......
 
 
 
a
Add columns A through D. Enter here and on Part I, line 11, column (A) .............
0
3
Direct Advertising costs by periodical ..
 
 
 
 
a
Add columns A through D. Enter here and on Part I, line 11, column (B) .............
0
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8 ............
 
 
 
 
5
Readership costs ........
 
 
 
 
6
Circulation income ........
 
 
 
 
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero .....
 
 
 
 
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7 .
 
 
 
 
a
Add line 8, columns A through D. Enter the greater of the columns total or zero here and on Part II, line 13 ..
0
Part X
Compensation of Officers, Directors, and Trustees (see instructions)
1. Name 2. Title 3. Percentage
of time devoted
to business
4. Compensation
attributable to
unrelated business
(1)      
(2)      
(3)      
(4)      
Total. Enter here and on Part II, line 1 .........................
0
Part XI
Supplemental Information (see instructions)
 
 
 
 
 
 
 
 
 
Schedule A (Form 990-T) 2022
Additional Data


Software ID: 23017435
Software Version: 2023v8.0

SCHEDULE D
(Form 1120)
Click to see attachment
List of Attached Documents:
// Content
Department of the Treasury
Internal Revenue Service
Capital Gains and Losses
Attach to Form 1120, 1120-C, 1120-F, 1120-FSC, 1120-H, 1120-IC-DISC, 1120-L,
1120-ND, 1120-PC, 1120-POL, 1120-REIT, 1120-RIC, 1120-SF, or certain Forms 990-T.

Go to www.irs.gov/Form1120 for instructions and the latest information.
OMB No. 1545-0123
2023
Name
University of Notre Dame du Lac
 
Employer identification number

35-0868188
Did the corporation dispose of any investment(s) in a qualified opportunity fund during the tax year? .......
If “Yes,” attach Form 8949 and see its instructions for additional requirements for reporting your gain or loss.
Part I Short–Term Capital Gains and Losses –– Generally Assets Held One Year or Less (see instructions)
See instructions for how to figure the amounts to enter on the lines below.

This form may be easier to complete if you round off cents to whole dollars.
(d)
Proceeds
(e)
Cost
(g) Adjustments to gain or loss from Form(s) 8949, Part 1, line 2, column (g) (h) Gain or (loss)
Subtract column (e) from column (d) and combine the result with column (g)
1a Totals for all short-term transactions reported on Form 1099-B for which basis was reported to the IRS and for which you have no adjustments (see instructions). However, if you choose to report all these transactions on Form 8949, leave this line blank and go to line 1b      
1b Totals for all transactions reported on
Form(s) 8949 with Box A checked
       
2 Totals for all transactions reported on
Form(s) 8949 with Box B checked
       
3 Totals for all transactions reported on
Form(s) 8949 with Box C checked
97,801 0 0 97,801
4
Short-term capital gain from installment sales from Form 6252, line 26 or 37 ...........
4
 
5
Short-term capital gain or (loss) from like-kind exchanges from Form 8824...........
5
 
6
Unused capital loss carryover (attach computation) ..................
6
(   )
7
Net short-term capital gain or (loss). Combine lines 1a through 6 in column h ...........
7
97,801
Part II Long–Term Capital Gains and Losses –– Generally Assets Held More Than One Year (see instructions)
See instructions for how to figure the amounts to enter on the lines below.

This form may be easier to complete if you round off cents to whole dollars.
(d)
Proceeds
(e)
Cost
(g) Adjustments to gain or loss from Form(s) 8949, Part II, line 2, column (g) (h) Gain or (loss)
Subtract column (e) from column (d) and combine the result with column (g)
8a Totals for all long-term transactions reported on Form 1099-B for which basis was reported to the IRS and for which you have no adjustments (see instructions). However, if you choose to report all these transactions on Form 8949, leave this line blank and go to line 8b      
8b Totals for all transactions reported on
Form(s) 8949 with Box D checked
       
9 Totals for all transactions reported on
Form(s) 8949 with Box E checked
       
10 Totals for all transactions reported on
Form(s) 8949 with Box F checked
20,155,461 0 0 20,155,461
11
Enter gain from Form 4797, line 7 or 9 .......................
11
7,589,192
12
Long-term capital gain from installment sales from Form 6252, line 26 or 37 ...........
12
 
13
Long-term capital gain or (loss) from like-kind exchanges from Form 8824 ...........
13
 
14
Capital gain distributions (see instructions) .....................
14
 
15
Net long-term capital gain or (loss). Combine lines 8a through 14 in column h..........
15
27,744,653
Part III Summary of Parts I and II
16
Enter excess of net short-term capital gain (line 7) over net long-term capital loss (line 15) ......
16
97,801
17
Net capital gain. Enter excess of net long-term capital gain (line 15) over net short-term capital loss (line 7) .
17
27,744,653
18
Add lines 16 and 17. Enter here and on Form 1120, page 1, line 8, or the applicable line on other returns ..
18
27,842,454
Note: If losses exceed gains, see Capital losses in the instructions.
For Paperwork Reduction Act Notice, see the Instructions for Form 1120.Cat. No. 11460MSchedule D (Form 1120) 2023

Additional Data


Software ID: 23017435
Software Version: 2023v8.0
Form 3800
Department of the Treasury
Internal Revenue Service
General Business Credit
Go to www.irs.gov/Form3800 for instructions and the latest information.
You must include all pages of Form 3800 with your return.
OMB No. 1545-0895
2023
Attachment Sequence No. 22
Name(s) shown on return
University of Notre Dame du Lac
Identifying number

35-0868188
A
Corporate Alternative Minimum Tax (CAMT) and Base Erosion Anti-Abuse Tax (BEAT). Are you both (a) an "applicable corporation" within the meaning of IRC 59(k)(1) for the CAMT, and (b) an "applicable taxpayer" within the meaning of IRC 59A(e) for the BEAT? See instructions ..................
Part I
Current Year Credit for Credits Not Allowed Against Tentative Minimum Tax (TMT)
Go to Part III before Parts I and II. See instructions.
1
General business credit from Part III, line 2, column (e)
...........
1
325,674
2
Passive activity credits from Part III, line 2, column (f)
2
0
3
Enter the applicable passive activity credits allowed for 2023. See instructions
.........
3
 
4
Carryforward of general business credit to 2023. See instructions for statement to attach.
.....
4
1,195,029
Check this box if the carryforward was changed or revised from the original reported amount ...
5
Carryback of general business credit from 2024. See instructions
..............
5
0
6
Add lines 1, 3, 4, and 5
...........................
6
1,520,703
Part II
Allowable Credit
7
Regular tax before credits:
  • Individuals. Enter the sum of the amounts from Form 1040, 1040-SR, or 1040-NR, line 16; and Schedule 2 (Form 1040), line 2.
  • Corporations. Enter the amount from Form 1120, Schedule J, Part I, line 1; or the applicable line of your return.
  • Estates and trusts. Enter the sum of the amounts from Form 1041, Schedule G, lines 1a and 1b, plus any Form 8978 amount included on line 1d; or the amount from the applicable line of your return.
Curly Bracket Image
.....
7
2,250,972
8
Alternative minimum tax:
  • Individuals. Enter the amount from Form 6251, line 11.
  • Corporations. Enter the amount from Form 4626, Part II, line 13.
  • Estates and trusts. Enter the amount from Schedule I (Form 1041), line 54.
Curly Bracket Image
.....
8
0
9
Add lines 7 and 8
.............................
9
2,250,972
10a
Foreign tax credit
..................
10a
 
b
Certain allowable credits (see instructions)
..........
10b
 
c
Add lines 10a and 10b
...........................
10c
0
11
Net income tax. Subtract line 10c from line 9. If zero, skip lines 12 through 15 and enter -0- on line 16
11
2,250,972
12
Net regular tax. Subtract line 10c from line 7. If zero or less, enter -0-
..
12
2,250,972
13
Enter 25% (0.25) of the excess, if any, of line 12 (line 11 for corporations) over $25,000. See instructions ..............
13
556,493
14
Tentative minimum tax:
  • Individuals. Enter the amount from Form 6251, line 9.
  • Corporations. Enter -0-.
  • Estates and trusts. Enter the amount from Schedule I (Form 1041), line 52.
Curly Bracket Image
..
14
0
15
Enter the greater of line 13 or line 14
......................
15
556,493
16
Subtract line 15 from line 11. If zero or less, enter -0-
.................
16
1,694,479
17
Enter the smaller of line 6 or line 16
......................
17
1,520,703
C corporations: See the line 17 instructions if there has been an ownership change, acquisition, or reorganization.
For Paperwork Reduction Act Notice, see separate instructions.Cat. No. 12392FForm 3800 (2023)
Form 3800 (2023)
Page 2
Part II
Allowable Credit (Continued)
Note: If you are not required to report any amounts on lines 22 or 24 below, skip lines 18 through 25 and enter -0- on line 26.
18
Multiply line 14 by 75% (0.75). See instructions
...................
18
0
19
Enter the greater of line 13 or line 18
.....................
19
556,493
20
Subtract line 19 from line 11. If zero or less, enter -0-
.................
20
1,694,479
21
Subtract line 17 from line 20. If zero or less, enter -0-
.................
21
173,776
22
Combine the amounts from line 3 of Part III, column (e), and line 2zz of Part IV, columns (e) and (f)
..
22
0
23
Passive activity credit from line 3 of Part III, column (f)
......
23
0
24
Enter the applicable passive activity credit allowed for 2023. See instructions
.........
24
 
25
Add lines 22 and 24
...........................
25
0
26
Empowerment zone and renewal community employment credit allowed. Enter the smaller of line 21 or line 25
26
0
27
Subtract line 13 from line 11. If zero or less, enter -0-
.................
27
1,694,479
28
Add lines 17 and 26
...........................
28
1,520,703
29
Subtract line 28 from line 27. If zero or less, enter -0-
.................
29
173,776
30
Enter the general business credit from line 5 of Part III, column (e)
.............
30
37,080
31
Reserved...............................
31
32
Passive activity credits from line 5 of Part III, column (f)......
32
0
33
Enter the applicable passive activity credits allowed for 2023. See instructions
.........
33
 
34
Carryforward of business credit to 2023. Enter the amount from line 5 of Part IV, column (f), and line 6 of Part IV, column (g). See instructions for statement to attach
...............
34
232,125
Check this box if the carryforward was changed or revised from the original reported amount ...
35
Carryback of business credit from 2024. Enter the amount from line 5 of Part IV, column (e). See
instructions
..............................
35
0
36
Add lines 30, 33, 34, and 35
.........................
36
269,205
37
Enter the smaller of line 29 or line 36
.....................
37
173,776
38
Credit allowed for the current year. Add lines 28 and 37.
Report the amount from line 38 (if smaller than the sum of Part I, line 6, and Part II, lines 25 and 36; see instructions) as indicated below or on the applicable line of your return.
  • Individuals. Schedule 3 (Form 1040), line 6a.
  • Corporations. Form 1120, Schedule J, Part I, line 5c.
  • Estates and trusts. Form 1041, Schedule G, line 2b.
Curly Bracket Image
...............
38
1,694,479
Form 3800 (2023)
Form 3800 (2023)
Page 3
Part III
Current Year General Business Credits (GBCs) (see instructions). If there is more than one credit amount to report on lines 1a through 1zz, 3, or 4a through 4z, enter the number of items you have for that line in column (c) and complete Part V.
(a)
Current year credits from:
(b)
Elective payment or transfer registration number
(c)
# items
(d)
Pass-through or transfer credit entity EIN
(e)
Credits from non-passive activities
(f)
Current and prior year passive activity credit allowed for the current year
(g)
Credit transfer election amount (enter amounts transferred out as a negative amount)
(h)
Gross elective payment election amount
(i)
Net elective payment election amount
(j)
Combine columns (e), (f), and (g), less column (i)
1a Form 3468, Part II...... 0   0 0 0
b Form 7207........   0   0 0 0 0 0 0
c Form 6765........ 1   238,174 0 238,174
d Form 3468, Part III......   0   0 0 0 0 0 0
e Form 8826........ 0   0 0 0
f Form 8835, Part II......   0   0 0 0 0
g Form 7210........   0   0 0 0 0 0 0
h Form 8820....... 0   0 0 0
i Form 8874........ 0   0 0 0
j Form 8881, Part I...... 0   0 0 0
k Form 8882Click to see attachment
List of Attached Documents:
// Content
........
1   50,000 0 50,000
l Form 8864 (diesel)...... 0   0 0 0
m Form 8896........ 0   0 0 0
n Form 8906........ 0   0 0 0
o Form 3468, Part IV......   0   0 0 0 0 0
p Form 8908........ 0   0 0 0
q Reserved (45Z).......
r Form 8910........ 0   0 0 0
s Form 8911, Part II......   0   0 0 0 0 0 0
t Form 8830........ 0   0 0 0
u Form 7213, Part II......   0   0 0 0 0 0 0
v Form 3468, Part V......  
w Form 8932........ 0   0 0 0
x Form 8933........   0   0 0 0 0 0 0
y Form 8936, Part II...... 0   0 0 0
z Reserved.........
aa Form 8936, Part V...... PF001241039H 5   37,500 0 37,500 37,500 0
bb Form 8904........ 0   0 0 0
cc Form 7213, Part I...... 0   0 0 0
dd Form 8881, Part II...... 0   0 0 0
ee Form 8881, Part III...... 0   0 0 0
ff Form 8864, Line 8...... 0   0 0 0
gg Reserved (1gg).......
hh Reserved (1hh).......
ii Reserved (1ii)........
jj Reserved (1jj)........
zz Other credits....... 0   0 0 0
2 Add lines 1a through 1zz..... 7 325,674 0 0 37,500 37,500 288,174
Form 3800 (2023)
Form 3800 (2023)
Page 4
Part III
Current Year General Business Credits (GBCs) (see instructions). If there is more than one credit amount to report on lines 1a through 1zz, 3, or 4a through 4z, enter the number of items you have for that line in column (c) and complete Part V. (continued)
(a)
Current year credits from:
(b)
Elective payment or transfer registration number
(c)
# items
(d)
Pass-through or transfer credit entity EIN
(e)
Credits from non-passive activities
(f)
Current year and carryover passive activity credit
(g)
Credit transfer election amount (enter amounts transferred out as a negative amount)
(h)
Gross elective payment election amount
(i)
Net elective payment election amount
(j)
Combine columns (e), (f), and (g), less column (i)
3 Form 8844........ 0   0 0 0
4 Specified credits:
a Form 3468, Part VI......   0   0 0 0 0 0 0
b Form 5884........ 0   0 0 0
c Form 6478........ 0   0 0 0
d Form 8586........ 0   0 0 0
e Form 8835, Part II......   0   0 0 0 0 0 0
f Form 8846Click to see attachment
List of Attached Documents:
// Content
........
1   37,080 0 37,080
g Form 8900........ 0   0 0 0
h Form 8941........ 0   0 0 0
i Form 6765 ESB credit..... 0   0 0 0
j Form 8994........ 0   0 0 0
k Form 3468, Part VII...... 0   0 0 0
l Reserved (4l)........
m Reserved (4m)........
z Other specified credits...... 0   0 0 0
5 Add lines 4a through 4z..... 37,080 0 0 0 0 37,080
6 Add lines 2, 3, and 5...... 8 362,754 0 0 37,500 37,500 325,254
Form 3800 (2023)
Form 3800 (2023)
Page 5
Part IV
Carryovers of General Business Credits (GBCs) or Eligible Small Business Credits (ESBCs) (see instructions)
(a)
Credits carried over to tax year 2023
(b)
Check if non-passive
(c)
Year
(d)
Pass-through entity EIN
(e)
Credit carrybacks to current year
(f)
Carryforwards (excluding ESBCs)
(g)
Eligible small business credit (ESBC) carryforwards
1a Form 3468, Part II (coal, gasification).....        
b Form 7207 (manufacturing production)....      
c Form 6765 (research)......... X 2015 90-0899217 0 1,145,029 0
d Form 3468, Part III (advanced energy)....      
e Form 8826 (disabled access).......        
f Form 8835, Part II (renewable electricity)....      
g Form 7210 (clean hydrogen).......      
h Form 8820 (orphan drug)........        
i Form 8874 (new markets)........        
j Form 8881, Part I (pension plan startup)....        
k Form 8882 (employer-provided child care).... X 2022 35-0868188 0 50,000 0
l Form 8864 (biodiesel and renewable diesel)...        
m Form 8896 (low sulfur diesel fuel)......        
n Form 8906 (distilled spirits)........        
o Form 3468, Part IV (advanced manufacturing)...      
p Form 8908 (energy-efficient home)......        
q Reserved.............
r Form 8910 (alternative motor vehicle).....        
s Form 8911, Part II (alternative fuel refueling)...        
t Form 8830 (enhanced oil recovery)......        
u Form 7213, Part II (zero-emission nuclear production).      
v Form 3468, Part V (Reserved).......
w Form 8932 (differential wage).......        
x Form 8933 (carbon oxide sequestration)....        
y Form 8936, Part II (clean vehicle)......      
z Reserved.............
aa Form 8936, Part V (commercial clean vehicle)...      
bb Form 8904 (oil and gas production)......        
cc Form 7213, Part I (advanced nuclear production)..      
dd Form 8881, Part II (pension auto enrollment)...      
ee Form 8881, Part III (military spouse).....      
ff Form 8864 (sustainable aviation fuel mixture)...      
gg Reserved.............
hh Reserved.............
ii Reserved.............
jj Reserved.............
zz Other..............        
2 Credits for which only carryforwards are allowed:
a Form 5884-A (employee retention)......      
b Form 8586 (low-income housing)(pre-2008)...      
c Form 8845 (Indian employment)......      
d Form 8907 (nonconventional source fuel)....      
e Form 8909 (energy efficient appliance)....      
f Form 8923 (mine rescue team training)....      
g Form 8834 (qualified plug-in electric vehicle)...      
h Form 8931 (agricultural chemicals security)...      
i Form 1065-B (GBCs from electing partnership)...      
j Form 5884 (work opportunity pre-2007)....      
k Form 6478 (alcohol fuel pre-2005).....      
l Form 8846 (employer taxes pre-2007)....      
Form 3800 (2023)
Form 3800 (2023)
Page 6
Part IV
Carryovers of General Business Credits (GBCs) or Eligible Small Business Credits (ESBCs) (see instructions) (continued)
(a)
Credits carried over to tax year 2023
(b)
Check if non-passive
(c)
Year
(d)
Pass-through entity EIN
(e)
Credit carrybacks to current year
(f)
Carryforwards (excluding ESBCs)
(g)
Eligible small business credit (ESBC) carryforwards
m Form 8900 (railroad track maintenance pre-2008)..      
n Trans-Alaska pipeline liability fund credit....      
o Form 5884-A, Section A (employers affected by Hurricane Katrina, Rita, or Wilma).........      
p Form 5884-A, Section B (Hurricane Katrina housing).      
q Form 5884-A, Section A (affected Midwestern disaster area employers)...........      
r Form 5884-A, Section B (employer housing)...      
s Form 5884-B (new hire retention)......      
t Form 8847 (contributions to selected community development corporations)........      
u Form 8861 (welfare to work).......      
v Form 8884 (New York Liberty Zone business employee)      
w Form 8942 (therapeutic drug).......      
yy yy Other credits (see instructions)......      
zz Add lines 1a through 1zz and 2a through 2yy... 0 1,195,029 0
3 Form 8844 (empowerment zone)......        
4 Specified credits:
a Form 3468, Part VI (energy)........        
b Form 5884 (work opportunity).......        
c Form 6478 (biofuel producer).......        
d Form 8586 (low-income housing)(post-2007)..        
e Form 8835 (renewable electricity)......        
f Form 8846 (employer taxes)....... X 2015 45-1653763 0 232,125 0
g Form 8900 (railroad track maintenance)....        
h Form 8941 (employer health insurance)....        
i Form 6765 ESB credit (research)......        
j Form 8994 (paid family and medical leave)....        
k Form 3468, Part VII (rehabilitation)(post-2007)..        
l Reserved (4l)............
m Reserved (4m)...........
z Other specified credits.........        
5 Add lines 4a through 4z......... 0 232,125 0
6 Add lines 2zz, 3, and 5......... 0 1,427,154 0
Form 3800 (2023)
Form 3800 (2023)
Page 7
Part V
Breakdown of Aggregate Amounts on Part III for Facility-by-Facility, Multiple Pass-Through Entities, etc. (see instructions)
(a)
Line number from Part III
(b)
Elective payment or transfer registration number
(c)
Pass-through or transfer credit entity EIN
(d)
Current year credits from non-passive activities
(e)
Current year credits from passive activity before passive activity credit limitation
(f)
Credit transfer election amount
(g)
Gross elective payment election amount
(h)
Net elective payment election amount
(i)
Carryover of passive activity credit allowable in current year
1 Part III Line 1c     238,174      
2 Part III Line 1k     50,000      
3 Part III Line 1aa PF001241039H   7,500     7500 7,500
4 Part III Line 1aa PF002241039H   7,500     7500 7,500
5 Part III Line 1aa PF003241039H   7,500     7500 7,500
6 Part III Line 1aa PF004241039H   7,500     7500 7,500
7 Part III Line 1aa PF005241039H   7,500     7500 7,500
8 Part III Line 2     325,674 0 0 37500 37,500 0
9 Part III Line 4f     37,080      
10 Part III Line 5     37,080 0 0 0 0 0
11 Part III Line 6     362,754 0 0 37500 37,500 0
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
Form 3800 (2023)
Form 3800 (2023)
Page 8
Part VI
Breakdown of Aggregate Amounts in Part IV (see instructions)
(a)
Line number
from Part IV
(b)
Check if non-passive
(c)
Year
(d)
Pass-through entity EIN
(e)
Credit carrybacks to current year
(f)
Carryforwards (excluding ESBCs)
(g)
Eligible small business credit (ESBC) carryforwards
1 Part IV Line 1c X 2015 90-0899217   25,865  
2 Part IV Line 1c X 2015 46-4006146   2,609  
3 Part IV Line 1c X 2015 98-1169335   1,241  
4 Part IV Line 1c X 2015 35-1811116   53  
5 Part IV Line 1c X 2015 26-0797359   475  
6 Part IV Line 1c X 2015 45-3366594   31,125  
7 Part IV Line 1c X 2015 45-2355635   331  
8 Part IV Line 1c X 2015 46-5718597   4,920  
9 Part IV Line 1c X 2015 45-2871425   4,096  
10 Part IV Line 1c X 2015 45-5538523   9,204  
11 Part IV Line 1c X 2015 47-3432509   51,706  
12 Part IV Line 1c X 2016 47-3432509   71,093  
13 Part IV Line 1c X 2016 47-5484227   718  
14 Part IV Line 1c X 2016 45-5538523   12,906  
15 Part IV Line 1c X 2016 45-4679464   61  
16 Part IV Line 1c X 2016 47-1037237   5,645  
17 Part IV Line 1c X 2016 45-4110691   683  
18 Part IV Line 1c X 2016 46-5718597   5,920  
19 Part IV Line 1c X 2016 45-3366594   7,088  
20 Part IV Line 1c X 2016 26-0797359   1,498  
21 Part IV Line 1c X 2016 98-1318692   1,745  
22 Part IV Line 1c X 2016 46-4006146   804  
23 Part IV Line 1c X 2016 90-0899217   41,246  
24 Part IV Line 1c X 2017 90-0899217   17,018  
25 Part IV Line 1c X 2017 46-4006146   147  
26 Part IV Line 1c X 2017 98-1318692   8,971  
27 Part IV Line 1c X 2017 26-0797359   1,404  
28 Part IV Line 1c X 2017 45-3366594   2,188  
29 Part IV Line 1c X 2017 46-5718597   6,514  
30 Part IV Line 1c X 2017 81-4982167   1,077  
31 Part IV Line 1c X 2017 26-1274505   2,016  
32 Part IV Line 1c X 2017 81-3966927   656  
33 Part IV Line 1c X 2017 47-1245315   13,739  
34 Part IV Line 1c X 2017 26-2514715   95  
35 Part IV Line 1c X 2017 81-1863836   9,911  
36 Part IV Line 1c X 2017 47-1037237   7,041  
37 Part IV Line 1c X 2017 80-0931900   6,619  
38 Part IV Line 1c X 2017 47-3170807   56  
39 Part IV Line 1c X 2017 46-5737341   32  
40 Part IV Line 1c X 2017 46-5737406   13  
41 Part IV Line 1c X 2017 46-5728474   275  
42 Part IV Line 1c X 2017 45-5537523   16,291  
43 Part IV Line 1c X 2017 47-3432509   52,810  
44 Part IV Line 1c X 2017 81-3837664   595  
45 Part IV Line 1c X 2017 82-1929309   2,649  
46 Part IV Line 1c X 2018 90-0899217   28,279  
47 Part IV Line 1c X 2018 46-4006146   952  
48 Part IV Line 1c X 2018 47-3260122   15  
49 Part IV Line 1c X 2018 27-4416410   62  
50 Part IV Line 1c X 2018 46-5718597   7,299  
51 Part IV Line 1c X 2018 81-4982167   2,632  
52 Part IV Line 1c X 2018 26-1274505   2,819  
53 Part IV Line 1c X 2018 47-1245315   28,034  
54 Part IV Line 1c X 2018 81-1863836   24,247  
55 Part IV Line 1c X 2018 47-1037237   13,984  
56 Part IV Line 1c X 2018 80-0931900   6,946  
57 Part IV Line 1c X 2018 45-4679464   70  
58 Part IV Line 1c X 2018 47-3143348   72  
59 Part IV Line 1c X 2018 46-5737341   21  
60 Part IV Line 1c X 2018 46-5737406   8  
61 Part IV Line 1c X 2018 46-5728474   180  
62 Part IV Line 1c X 2018 45-4438523   23,677  
63 Part IV Line 1c X 2018 47-3432509   16,023  
64 Part IV Line 1c X 2018 82-1928309   6,074  
65 Part IV Line 1c X 2019 90-0899217   23,794  
66 Part IV Line 1c X 2019 98-1401351   11,769  
67 Part IV Line 1c X 2019 47-3260122   21  
68 Part IV Line 1c X 2019 98-0546998   4,525  
69 Part IV Line 1c X 2019 81-4982467   4,626  
70 Part IV Line 1c X 2019 36-1274505   241  
71 Part IV Line 1c X 2019 80-0931900   6,407  
72 Part IV Line 1c X 2019 47-3143348   103  
73 Part IV Line 1c X 2019 46-5737406   33  
74 Part IV Line 1c X 2019 46-5737341   85  
75 Part IV Line 1c X 2019 46-5728474   735  
76 Part IV Line 1c X 2019 45-5538523   19,183  
77 Part IV Line 1c X 2019 47-5484227   2,043  
78 Part IV Line 1c X 2019 47-3432509   39,732  
79 Part IV Line 1c X 2019 47-1245315   11,372  
80 Part IV Line 1c X 2019 81-1863836   34,704  
81 Part IV Line 1c X 2019 47-1037237   16,688  
82 Part IV Line 1c X 2019 82-1928309   5,750  
83 Part IV Line 1c X 2019 30-0703539   214  
84 Part IV Line 1c X 2019 82-2908871   1,700  
85 Part IV Line 1c X 2019 45-2355635   1,141  
86 Part IV Line 1c X 2019 26-4399401   260  
87 Part IV Line 1c X 2019 45-4679161   129  
88 Part IV Line 1c X 2019 46-4006146   237  
89 Part IV Line 1c X 2020 47-1687979   1,457  
90 Part IV Line 1c X 2020 26-1274505   117  
91 Part IV Line 1c X 2020 80-0931900   4,331  
92 Part IV Line 1c X 2020 47-3143348   130  
93 Part IV Line 1c X 2020 47-3170807   8,162  
94 Part IV Line 1c X 2020 83-2035321   561  
95 Part IV Line 1c X 2020 27-3645605   813  
96 Part IV Line 1c X 2020 45-4110691   43  
97 Part IV Line 1c X 2020 47-1245315   6,066  
98 Part IV Line 1c X 2020 82-2089012   18,524  
99 Part IV Line 1c X 2020 81-1863836   36,250  
100 Part IV Line 1c X 2020 47-1037237   13,421  
101 Part IV Line 1c X 2020 37-1875850   796  
102 Part IV Line 1c X 2020 82-1928309   5,536  
103 Part IV Line 1c X 2020 82-2908871   2,064  
104 Part IV Line 1c X 2020 26-4399401   2,859  
105 Part IV Line 1c X 2020 27-4416410   11  
106 Part IV Line 1c X 2020 45-4679464   52  
107 Part IV Line 1c X 2020 46-4006146   1,503  
108 Part IV Line 1c X 2020 98-0546998   3,280  
109 Part IV Line 1c X 2020 81-4982167   3,416  
110 Part IV Line 1c X 2020 46-5728474   244  
111 Part IV Line 1c X 2020 98-1476739   1,099  
112 Part IV Line 1c X 2021 83-2035321   2,669  
113 Part IV Line 1c X 2021 46-3569764   5,712  
114 Part IV Line 1c X 2021 47-1245315   2,701  
115 Part IV Line 1c X 2021 82-2089012   18,150  
116 Part IV Line 1c X 2021 47-1037237   32,890  
117 Part IV Line 1c X 2021 82-1928309   5,694  
118 Part IV Line 1c X 2021 82-2908871   2,925  
119 Part IV Line 1c X 2021 26-4399401   1,777  
120 Part IV Line 1c X 2021 27-4416410   130  
121 Part IV Line 1c X 2021 84-4287560   3,187  
122 Part IV Line 1c X 2021 83-3353461   755  
123 Part IV Line 1c X 2021 46-5737341   11  
124 Part IV Line 1c X 2021 84-4567667   90  
125 Part IV Line 1c X 2021 46-5737406   61  
126 Part IV Line 1c X 2021 46-5728474   1,318  
127 Part IV Line 1c X 2021 61-1758706   250  
128 Part IV Line 1c X 2021 47-1687979   2,194  
129 Part IV Line 1c X 2021 85-0548852   871  
130 Part IV Line 1c X 2022 80-0931900   6,648  
131 Part IV Line 1c X 2022 98-1450383   552  
132 Part IV Line 1c X 2022 47-3143348   109  
133 Part IV Line 1c X 2022 47-5484227   8,919  
134 Part IV Line 1c X 2022 83-2035321   3,909  
135 Part IV Line 1c X 2022 46-3569764   12,471  
136 Part IV Line 1c X 2022 47-1245315   21,852  
137 Part IV Line 1c X 2022 47-1037237   46,005  
138 Part IV Line 1c X 2022 37-1875850   33,219  
139 Part IV Line 1c X 2022 82-2908871   5,146  
140 Part IV Line 1c X 2022 46-4006146   923  
141 Part IV Line 1c X 2022 84-4287560   11,863  
142 Part IV Line 1c X 2022 98-1476739   1,027  
143 Part IV Line 1c X 2022 61-1758706   281  
144 Part IV Line 1c X 2022 87-1031848   1,072  
145 Part IV Line 1c X 2022 87-0981155   613  
146 Part IV Line 1c X 2022 47-3170807   2,526  
147 Part IV Line 1c X 2022 87-3194015   105  
148 Part IV Line 1c X 2022 87-2683439   8,201  
149 Part IV Line 1c X 2022 88-0558312   9,040  
150 Part IV Line 1c X 2022 26-4399401   393  
151 Part IV Line 1k X 2022 35-0868188   50,000  
152 Part IV Line 1r X 2015 90-0899217   25,865  
153 Part IV Line 1r X 2015 46-4006146   2,609  
154 Part IV Line 1r X 2015 98-1169335   1,241  
155 Part IV Line 1r X 2015 35-1811116   53  
156 Part IV Line 1r X 2015 26-0797359   475  
157 Part IV Line 1r X 2015 45-3366594   31,125  
158 Part IV Line 1r X 2015 45-2355635   331  
159 Part IV Line 1r X 2015 46-5718597   4,920  
160 Part IV Line 1r X 2015 45-2871425   4,096  
161 Part IV Line 1r X 2015 45-5538523   9,204  
162 Part IV Line 1r X 2015 47-3432509   51,706  
163 Part IV Line 1r X 2016 47-3432509   71,093  
164 Part IV Line 1r X 2016 47-5484227   718  
165 Part IV Line 1r X 2016 45-5538523   12,906  
166 Part IV Line 1r X 2016 45-4679464   61  
167 Part IV Line 1r X 2016 47-1037237   5,645  
168 Part IV Line 1r X 2016 45-4110691   683  
169 Part IV Line 1r X 2016 46-5718597   5,920  
170 Part IV Line 1r X 2016 45-3366594   7,088  
171 Part IV Line 1r X 2016 26-0797359   1,498  
172 Part IV Line 1r X 2016 98-1318692   1,745  
173 Part IV Line 1r X 2016 46-4006146   804  
174 Part IV Line 1r X 2016 90-0899217   41,246  
175 Part IV Line 1r X 2017 90-0899217   17,018  
176 Part IV Line 1r X 2017 46-4006146   147  
177 Part IV Line 1r X 2017 98-1318692   8,971  
178 Part IV Line 1r X 2017 26-0797359   1,404  
179 Part IV Line 1r X 2017 45-3366594   2,188  
180 Part IV Line 1r X 2017 46-5718597   6,514  
181 Part IV Line 1r X 2017 81-4982167   1,077  
182 Part IV Line 1r X 2017 26-1274505   2,016  
183 Part IV Line 1r X 2017 81-3966927   656  
184 Part IV Line 1r X 2017 47-1245315   13,739  
185 Part IV Line 1r X 2017 26-2514715   95  
186 Part IV Line 1r X 2017 81-1863836   9,911  
187 Part IV Line 1r X 2017 47-1037237   7,041  
188 Part IV Line 1r X 2017 80-0931900   6,619  
189 Part IV Line 1r X 2017 47-3170807   56  
190 Part IV Line 1r X 2017 46-5737341   32  
191 Part IV Line 1r X 2017 46-5737406   13  
192 Part IV Line 1r X 2017 46-5728474   275  
193 Part IV Line 1r X 2017 45-5537523   16,291  
194 Part IV Line 1r X 2017 47-3432509   52,810  
195 Part IV Line 1r X 2017 81-3837664   595  
196 Part IV Line 1r X 2017 82-1929309   2,649  
197 Part IV Line 1r X 2018 90-0899217   28,279  
198 Part IV Line 1r X 2018 46-4006146   952  
199 Part IV Line 1r X 2018 47-3260122   15  
200 Part IV Line 1r X 2018 27-4416410   62  
201 Part IV Line 1r X 2018 46-5718597   7,299  
202 Part IV Line 1r X 2018 81-4982167   2,632  
203 Part IV Line 1r X 2018 26-1274505   2,819  
204 Part IV Line 1r X 2018 47-1245315   28,034  
205 Part IV Line 1r X 2018 81-1863836   24,247  
206 Part IV Line 1r X 2018 47-1037237   13,984  
207 Part IV Line 1r X 2018 80-0931900   6,946  
208 Part IV Line 1r X 2018 45-4679464   70  
209 Part IV Line 1r X 2018 47-3143348   72  
210 Part IV Line 1r X 2018 46-5737341   21  
211 Part IV Line 1r X 2018 46-5737406   8  
212 Part IV Line 1r X 2018 46-5728474   180  
213 Part IV Line 1r X 2018 45-4438523   23,677  
214 Part IV Line 1r X 2018 47-3432509   16,023  
215 Part IV Line 1r X 2018 82-1928309   6,074  
216 Part IV Line 1r X 2019 90-0899217   23,794  
217 Part IV Line 1r X 2019 98-1401351   11,769  
218 Part IV Line 1r X 2019 47-3260122   21  
219 Part IV Line 1r X 2019 98-0546998   4,525  
220 Part IV Line 1r X 2019 81-4982467   4,626  
221 Part IV Line 1r X 2019 36-1274505   241  
222 Part IV Line 1r X 2019 80-0931900   6,407  
223 Part IV Line 1r X 2019 47-3143348   103  
224 Part IV Line 1r X 2019 46-5737406   33  
225 Part IV Line 1r X 2019 46-5737341   85  
226 Part IV Line 1r X 2019 46-5728474   735  
227 Part IV Line 1r X 2019 45-5538523   19,183  
228 Part IV Line 1r X 2019 47-5484227   2,043  
229 Part IV Line 1r X 2019 47-3432509   39,732  
230 Part IV Line 1r X 2019 47-1245315   11,372  
231 Part IV Line 1r X 2019 81-1863836   34,704  
232 Part IV Line 1r X 2019 47-1037237   16,688  
233 Part IV Line 1r X 2019 82-1928309   5,750  
234 Part IV Line 1r X 2019 30-0703539   214  
235 Part IV Line 1r X 2019 82-2908871   1,700  
236 Part IV Line 1r X 2019 45-2355635   1,141  
237 Part IV Line 1r X 2019 26-4399401   260  
238 Part IV Line 1r X 2019 45-4679161   129  
239 Part IV Line 1r X 2019 46-4006146   237  
240 Part IV Line 1r X 2020 47-1687979   1,457  
241 Part IV Line 1r X 2020 26-1274505   117  
242 Part IV Line 1r X 2020 80-0931900   4,331  
243 Part IV Line 1r X 2020 47-3143348   130  
244 Part IV Line 1r X 2020 47-3170807   8,162  
245 Part IV Line 1r X 2020 83-2035321   561  
246 Part IV Line 1r X 2020 27-3645605   813  
247 Part IV Line 1r X 2020 45-4110691   43  
248 Part IV Line 1r X 2020 47-1245315   6,066  
249 Part IV Line 1r X 2020 82-2089012   18,524  
250 Part IV Line 1r X 2020 81-1863836   36,250  
251 Part IV Line 1r X 2020 47-1037237   13,421  
252 Part IV Line 1r X 2020 37-1875850   796  
253 Part IV Line 1r X 2020 82-1928309   5,536  
254 Part IV Line 1r X 2020 82-2908871   2,064  
255 Part IV Line 1r X 2020 26-4399401   2,859  
256 Part IV Line 1r X 2020 27-4416410   11  
257 Part IV Line 1r X 2020 45-4679464   52  
258 Part IV Line 1r X 2020 46-4006146   1,503  
259 Part IV Line 1r X 2020 98-0546998   3,280  
260 Part IV Line 1r X 2020 81-4982167   3,416  
261 Part IV Line 1r X 2020 46-5728474   244  
262 Part IV Line 1r X 2020 98-1476739   1,099  
263 Part IV Line 1r X 2021 83-2035321   2,669  
264 Part IV Line 1r X 2021 46-3569764   5,712  
265 Part IV Line 1r X 2021 47-1245315   2,701  
266 Part IV Line 1r X 2021 82-2089012   18,150  
267 Part IV Line 1r X 2021 47-1037237   32,890  
268 Part IV Line 1r X 2021 82-1928309   5,694  
269 Part IV Line 1r X 2021 82-2908871   2,925  
270 Part IV Line 1r X 2021 26-4399401   1,777  
271 Part IV Line 1r X 2021 27-4416410   130  
272 Part IV Line 1r X 2021 84-4287560   3,187  
273 Part IV Line 1r X 2021 83-3353461   755  
274 Part IV Line 1r X 2021 46-5737341   11  
275 Part IV Line 1r X 2021 84-4567667   90  
276 Part IV Line 1r X 2021 46-5737406   61  
277 Part IV Line 1r X 2021 46-5728474   1,318  
278 Part IV Line 1r X 2021 61-1758706   250  
279 Part IV Line 1r X 2021 47-1687979   2,194  
280 Part IV Line 1r X 2021 85-0548852   871  
281 Part IV Line 1r X 2022 80-0931900   6,648  
282 Part IV Line 1r X 2022 98-1450383   552  
283 Part IV Line 1r X 2022 47-3143348   109  
284 Part IV Line 1r X 2022 47-5484227   8,919  
285 Part IV Line 1r X 2022 83-2035321   3,909  
286 Part IV Line 1r X 2022 46-3569764   12,471  
287 Part IV Line 1r X 2022 47-1245315   21,852  
288 Part IV Line 1r X 2022 47-1037237   46,005  
289 Part IV Line 1r X 2022 37-1875850   33,219  
290 Part IV Line 1r X 2022 82-2908871   5,146  
291 Part IV Line 1r X 2022 46-4006146   923  
292 Part IV Line 1r X 2022 84-4287560   11,863  
293 Part IV Line 1r X 2022 98-1476739   1,027  
294 Part IV Line 1r X 2022 61-1758706   281  
295 Part IV Line 1r X 2022 87-1031848   1,072  
296 Part IV Line 1r X 2022 87-0981155   613  
297 Part IV Line 1r X 2022 47-3170807   2,526  
298 Part IV Line 1r X 2022 87-3194015   105  
299 Part IV Line 1r X 2022 87-2683439   8,201  
300 Part IV Line 1r X 2022 88-0558312   9,040  
301 Part IV Line 1r X 2022 26-4399401   393  
302 Part IV Line 2zz       0 1,195,029 0
303 Part IV Line 4f X 2015 45-1653763   10,217  
304 Part IV Line 4f X 2015 46-1946085   282  
305 Part IV Line 4f X 2016 45-1653763   14,799  
306 Part IV Line 4f X 2016 46-1946085   383  
307 Part IV Line 4f X 2017 45-1653763   14,919  
308 Part IV Line 4f X 2017 46-1946085   402  
309 Part IV Line 4f X 2018 45-1653763   15,912  
310 Part IV Line 4f X 2018 46-1946085   209  
311 Part IV Line 4f X 2019 46-1946085   113  
312 Part IV Line 4f X 2019 45-1653763   12,363  
313 Part IV Line 4f X 2019 98-0546998   26,255  
314 Part IV Line 4f X 2020 98-0546998   7,598  
315 Part IV Line 4f X 2020 45-1653763   11,076  
316 Part IV Line 4f X 2021 98-0546998   24,530  
317 Part IV Line 4f X 2021 46-1946085   27  
318 Part IV Line 4f X 2022 98-0546998   40,846  
319 Part IV Line 4f X 2022 46-1946085   85  
320 Part IV Line 4f X 2022 81-2802402   46,600  
321 Part IV Line 4f X 2022 47-5484227   5,509  
322 Part IV Line 5       0 232,125 0
323 Part IV Line 6       0 1,427,154 0
Form 3800 (2023)
Additional Data


Software ID: 23017435
Software Version: 2023v8.0
Form 4136
Department of the Treasury
Internal Revenue Service (99)
Credit for Federal Tax Paid on Fuels
Right pointing arrowhead Go to www.irs.gov/Form4136 for instructions and the latest information.
OMB No. 1545-0162
2023
Attachment
Sequence No. 79
Name (as shown on your income tax return)
University of Notre Dame du Lac
Taxpayer identification number
35-0868188
Caution: Claimant has the name and address of the person who sold the fuel to the claimant and the dates of purchase. For claims on lines 1c and 2b (type of use 13 or 14), 3d, 4c, and 5, claimant has not waived the right to make the claim. For claims on lines 1c and 2b (type of use 13 or 14), claimant certifies that a certificate has not been provided to the credit card issuer.
1Nontaxable Use of Gasoline Note. CRN is credit reference number.
(a) Type of use (b) Rate (c) Gallons (d) Amount of credit (e) CRN
a Off-highway business use $ .183   bracket $0 362
b Use on a farm for farming purposes .183  
c Other nontaxable use (see Caution above line 1) .183
d Exported .184   0 411
2Nontaxable Use of Aviation Gasoline
(a) Type of use (b) Rate (c) Gallons (d) Amount of credit (e) CRN
a Use in commercial aviation (other than foreign trade) $ .15   $0 354
b Other nontaxable use (see Caution above line 1)   .193   0 324
c Exported .194   0 412
d LUST tax on aviation fuels used in foreign trade .001   0 433
3Nontaxable Use of Undyed Diesel Fuel
Claimant certifies that the diesel fuel did not contain visible evidence of dye.
Exception. If any of the diesel fuel included in this claim did contain visible evidence of dye, attach an explanation and check here Right pointing arrowhead
(a) Type of use (b) Rate (c) Gallons (d) Amount of credit (e) CRN
a Nontaxable use $ .243 bracket
b Use on a farm for farming purposes .243   $0 360
c Use in trains .243   0 353
d Use in certain intercity and local buses (see Caution above line 1) .17   0 350
e Exported .244   0 413
4Nontaxable Use of Undyed Kerosene (Other Than Kerosene Used in Aviation)
Claimant certifies that the kerosene did not contain visible evidence of dye.
Exception. If any of the kerosene included in this claim did contain visible evidence of dye, attach an explanation and check here Right pointing arrowhead
(a) Type of use (b) Rate (c) Gallons (d) Amount of credit (e) CRN
a Nontaxable use taxed at $.244 $ .243 bracket
b Use on a farm for farming purposes .243   $0 346
c Use in certain intercity and local buses (see Caution above line 1) .17   0 347
d Exported .244   0 414
e Nontaxable use taxed at $.044 .043 0 377
f Nontaxable use taxed at $.219 .218 0 369
For Paperwork Reduction Act Notice, see the separate instructions.
Cat. No. 12625R Form 4136 (2023)

Form 4136 (2023)
Page 2

5Kerosene Used in Aviation
(a) Type of use (b) Rate (c) Gallons (d) Amount of credit (e) CRN
a Kerosene used in commercial aviation (other than foreign trade) taxed at $.244 $ .200   $0 417
b Kerosene used in commercial aviation (other than foreign trade) taxed at $.219 .175   0 355
c Nontaxable use (other than use by state or local government) taxed at $.244   .243   0 346
d Nontaxable use (other than use by state or local government) taxed at $.219   .218   0 369
e LUST tax on aviation fuels used in foreign trade .001   0 433
6Sales by Registered Ultimate Vendors of Undyed Diesel Fuel Registration No. Right pointing arrowhead  
Claimant certifies that it sold the diesel fuel at a tax-excluded price, repaid the amount of tax to the buyer, or has obtained the written consent of the buyer to make the claim. Claimant certifies that the diesel fuel did not contain visible evidence of dye.
Exception. If any of the diesel fuel included in this claim did contain visible evidence of dye, attach an explanation and check here Right pointing arrowhead
(b) Rate (c) Gallons (d) Amount of credit (e) CRN
a Use by a state or local government $ .243   $0 360
b Use in certain intercity and local buses .17   0 350
7Sales by Registered Ultimate Vendors of Undyed Kerosene (Other
Than Kerosene For Use in Aviation) Registration No. Right pointing arrowhead  
Claimant certifies that it sold the kerosene at a tax-excluded price, repaid the amount of tax to the buyer, or has obtained the written consent of the buyer to make the claim. Claimant certifies that the kerosene did not contain visible evidence of dye.
Exception. If any of the kerosene included in this claim did contain visible evidence of dye, attach an explanation and check here Right pointing arrowhead
(b) Rate (c) Gallons (d) Amount of credit (e) CRN
a Use by a state or local government $ .243   bracket $0 346
b Sales from a blocked pump .243  
c Use in certain intercity and local buses .17   0 347
8Sales by Registered Ultimate Vendors of Kerosene For Use in AviationRegistration No.Right pointing arrowhead  
Claimant sold the kerosene for use in aviation at a tax-excluded price and has not collected the amount of tax from the buyer, repaid the amount of tax to the buyer, or has obtained the written consent of the buyer to make the claim. See the instructions for additional information to be submitted.
(a) Type of use (b) Rate (c) Gallons (d) Amount of credit (e) CRN
a Use in commercial aviation (other than foreign trade) taxed at $.219 $ .175   $0 355
b Use in commercial aviation (other than foreign trade) taxed at $.244 .200   0 417
c Nonexempt use in noncommercial aviation .025   0 418
d Other nontaxable uses taxed at $.244   .243   0 346
e Other nontaxable uses taxed at $.219   .218   0 369
f LUST tax on aviation fuels used in foreign trade .001   0 433
Form 4136 (2023)

Form 4136 (2023)
Page 3
9Reserved for future use Registration No.Right pointing arrowhead  
(b) Rate (c) Gallons of alcohol (d) Amount of credit (e) CRN
a Reserved for future use
b Reserved for future use
10Biodiesel, Renewable Diesel, or Sustainable Aviation Fuel Mixture
Credit Registration No.Right pointing arrowhead  
Biodiesel or renewable diesel mixtures. Claimant produced a mixture by mixing biodiesel with diesel fuel or renewable diesel with liquid fuel (other than renewable diesel). The biodiesel used to produce the biodiesel mixture met ASTM D6751 and met EPA’s registration requirements for fuels and fuel additives. The renewable diesel used to produce the renewable diesel mixture was derived from biomass, met EPA’s registration requirements for fuels and fuel additives, and met ASTM D975, D396, or other equivalent standard approved by the IRS. Sustainable aviation fuel (SAF) mixtures. Claimant produced a qualified mixture by mixing SAF with kerosene. The qualified mixture was produced by the claimant in the United States, such mixture was used by the claimant (or sold by the claimant for use) in an aircraft, such sale or use was in the ordinary course of a trade or business of the claimant, and the transfer of such mixture to the fuel tank of such aircraft occurred in the United States. The SAF used to produce the qualified mixture is the portion of liquid fuel that is not kerosene that (i) either (A) meets the specifications of one of the ASTM D7566 Annexes, or (B) meets the specifications of ASTM D1655 Annex A1, (ii) is not derived from coprocessing an applicable material (or materials derived from an applicable material) with a feedstock that is not biomass, (iii) is not derived from palm fatty acid distillates or petroleum, and (iv) has been certified in accordance with section 40B(e) as having a lifecycle greenhouse gas emissions reduction percentage of at least 50 percent. For all claims. Claimant has attached the appropriate certificates and, if applicable, appropriate reseller statements. Claimant has no reason to believe that the information in the certificate or statement is false. See the instructions for additional information and requirements.
(b) Rate (c) Number of gallons sold or used (d) Amount of credit (e) CRN
a Biodiesel (other than agri-biodiesel) mixtures $ 1.00   $0 388
b Agri-biodiesel mixtures $ 1.00   0 390
c Renewable diesel mixtures $ 1.00   0 307
d Sustainable aviation fuel mixture (see instructions) $ 0 0   440
11Nontaxable Use of Alternative Fuel
Caution. There is a reduced credit rate for use in certain intercity and local buses (type of use 5) (see instructions).
(a) Type of use (b) Rate (c) Gallons, or gasoline or diesel gallon equivalents (d) Amount of credit (e) CRN
a Liquefied petroleum gas (LPG) (see instructions)   .183   0 419
b "P Series" fuels   .183   0 420
c Compressed natural gas (CNG) (see instructions)   .183   0 421
d Liquefied hydrogen   .183   0 422
e Fischer–Tropsch process liquid fuel from coal (including peat)   .243   0 423
f Liquid fuel derived from biomass   .243   0 424
g Liquefied natural gas (LNG) (see instructions)   .243   0 425
h Liquefied gas derived from biomass   .183   0 435
12Alternative Fuel Credit Registration No.Right pointing arrowhead  
(b) Rate (c) Gallons, or gasoline or diesel gallon equivalents (d) Amount of credit (e) CRN
a Liquefied petroleum gas (LPG) (see instructions) $ .50 3596 $ 1,798 426
b "P Series" fuels .50   0 427
c Compressed natural gas (CNG) (see instructions) .50   0 428
d Reserved for future use
e Fischer–Tropsch process liquid fuel from coal (including peat) .50   0 430
f Liquid fuel derived from biomass .50   0 431
g Liquefied natural gas (LNG) (see instructions) .50   0 432
h Liquefied gas derived from biomass .50   0 436
i Compressed gas derived from biomass .50   0 437
Form 4136 (2023)

Form 4136 (2023)
Page 4
13Registered Credit Card Issuers Registration No. Right pointing arrowhead  
(b) Rate (c) Gallons (d) Amount of credit (e) CRN
a Diesel fuel sold for the exclusive use of a state or local government $ .243   $0 360
b Kerosene sold for the exclusive use of a state or local government .243   0 346
c Kerosene for use in aviation sold for the exclusive use of a state or local government taxed at $.219 .218   0 369
14Nontaxable Use of a Diesel-Water Fuel Emulsion
Caution. There is a reduced credit rate for use in certain intercity and local buses (type of use 5) (see instructions).
(a) Type of use (b) Rate (c) Gallons (d) Amount of credit (e) CRN
a Nontaxable use   .197   0 309
b Exported .198   0 306
15Diesel-Water Fuel Emulsion Blending Registration No. Right pointing arrowhead  
(b) Rate (c) Gallons (d) Amount of credit (e) CRN
Blender credit $ .046   $0 310
16Exported Dyed Fuels and Exported Gasoline Blendstocks
(b) Rate (c) Gallons (d) Amount of credit (e) CRN
a Exported dyed diesel fuel and exported gasoline blendstocks taxed at $.001 $ .001   $0 415
b Exported dyed kerosene .001   0 416
17
Total income tax credit claimed. Add lines 1 through 16, column (d). Enter here and on Schedule 3 (Form 1040), line 12; Form 1120, Schedule J, line 20b; Form 1120S, line 23c; Form 1041, line 25h; or the proper line of other returns. .................Right pointing arrowhead
17
$1,798
Form 4136 (2023)
Additional Data


Software ID: 23017435
Software Version: 2023v8.0
Form 8949

Department of the Treasury
Internal Revenue Service

Sales and Other Dispositions of Capital Assets
File with your Schedule D to list your transactions for lines 1b, 2, 3, 8b, 9, and 10 of Schedule D.
Go to www.irs.gov/Form8949 for instructions and the latest information.
OMB No. 1545-0074
2023
Attachment
Sequence No. 12A
Name(s) shown on return
University of Notre Dame du Lac
 
Social security number or taxpayer identification number
35-0868188
Before you check Box A, B, or C below, see whether you received any Form(s) 1099-B or substitute statement(s) from your broker. A substitute statement will have the same information as Form 1099-B. Either will show whether your basis (usually your cost) was reported to the IRS by your broker and may even tell you which box to check.
Part I
Short-Term. Transactions involving capital assets you held 1 year or less are generally short term (see instructions). For long-term transactions, see page 2.
Note: You may aggregate all short-term transactions reported on Form(s) 1099-B showing basis was reported to the IRS and for which no adjustments or codes are required. Enter the totals directly on Schedule D, line 1a; you aren't required to report these transactions on Form 8949 (see instructions).
You must check Box A, B, or C below. Check only one box. If more than one box applies for your short-term transactions, complete a separate Form 8949, page 1, for each applicable box. If you have more short-term transactions than will fit on this page for one or more of the boxes, complete as many forms with the same box checked as you need.

1
(a)
Description of property
(Example: 100 sh. XYZ Co.)
(b)
Date acquired
(Mo., day, yr.)
(c)
Date sold or
disposed of
(Mo., day, yr.)
(d)
Proceeds
(sales price)
(see instructions)
(e)
Cost or other basis
See the Note below
and see Column (e)
in the separate
instructions.
Adjustment, if any, to gain or loss.
If you enter an amount in column (g),
enter a code in column (f).
See the separate instructions.
(h)
Gain or (loss)
Subtract column (e)
from column (d) and
combine the result
with column (g).
(f)
Code(s) from
instructions
(g)
Amount of
adjustment
Investments (901101) 94,710 (   )
  0 94,710
Form 6781, Part I 3,091 (   )
  0 3,091

 

 

 

 

 

 

 

 

 

 

 

 
2 Totals. Add the amounts in columns (d), (e), (g), and (h) (subtract negative amounts). Enter each total here and include on your Schedule D, line 1b (if Box A above is checked), line 2 (if Box B above is checked), or line 3 (if Box C above is checked). .......Small Right Arrow
97,801 (0) 0 97,801
Note: If you checked Box A above but the basis reported to the IRS was incorrect, enter in column (e) the basis as reported to the IRS, and enter an adjustment in column (g) to correct the basis. See Column (g) in the separate instructions for how to figure the amount of the adjustment.
For Paperwork Reduction Act Notice, see your tax return instructions.
Cat. No. 37768Z
Form 8949 (2023)
Form 8949 (2023)
Attachment Sequence No. 12A Page 2
Name(s) shown on return. Name and SSN or taxpayer identification no. not required if shown on other side
University of Notre Dame du Lac
Social security number or taxpayer identification number
35-0868188
Before you check Box D, E, or F below, see whether you received any Form(s) 1099-B or substitute statement(s) from your broker. A substitute statement will have the same information as Form 1099-B. Either will show whether your basis (usually your cost) was reported to the IRS by your broker and may even tell you which box to check.
Part II
Long-Term. Transactions involving capital assets you held more than 1 year are generally long term (see instructions). For short-term transactions, see page 1.
Note: You may aggregate all long-term transactions reported on Form(s) 1099-B showing basis was reported to the IRS and for which no adjustments or codes are required. Enter the totals directly on Schedule D, line 8a; you aren't required to report these transactions on Form 8949 (see instructions).
You must check Box D, E, or F below. Check only one box. If more than one box applies for your long-term transactions, complete a separate Form 8949, page 2, for each applicable box. If you have more long-term transactions than will fit on this page for one or more of the boxes, complete as many forms with the same box checked as you need.

1
(a)
Description of property
(Example: 100 sh. XYZ Co.)
(b)
Date acquired
(Mo., day, yr.)
(c)
Date sold or
disposed of
(Mo., day, yr.)
(d)
Proceeds
(sales price)
(see instructions)
(e)
Cost or other basis
See the Note below
and see Column (e)
in the separate
instructions.
Adjustment, if any, to gain or loss.
If you enter an amount in column (g),
enter a code in column (f).
See the separate instructions.
(h)
Gain or (loss)
Subtract column (e)
from column (d) and
combine the result
with column (g).
(f)
Code(s) from
instructions
(g)
Amount of
adjustment
Investments (901101) 20,150,825 (   )
  0 20,150,825
Form 6781, Part I 4,636 (   )
  0 4,636

 

 

 

 

 

 

 

 

 

 

 

 
2 Totals. Add the amounts in columns (d), (e), (g), and (h)(subtract negative amounts). Enter each total here and include on your Schedule D, line 8b (if Box D above is checked), line 9 (if Box E above is checked), or line 10 (if Box F above is checked) ..........Small Right Arrow Image
20,155,461 (0) 0 20,155,461
Note: If you checked Box D above but the basis reported to the IRS was incorrect, enter in column (e) the basis as reported to the IRS, and enter an adjustment in column (g) to correct the basis. See Column (g) in the separate instructions for how to figure the amount of the adjustment.
Form 8949 (2023)
Additional Data


Software ID: 23017435
Software Version: 2023v8.0