Form990
Click to see attachment
Department of the TreasuryInternal Revenue Service
Return of Organization Exempt From Income Tax
Under section 501(c), 527, or 4947(a)(1) of the Internal Revenue Code (except private
foundations)
MediumBullet Do not enter social security numbers on this form as it may be made public.
MediumBullet Information about Form 990 and its instructions is at www.IRS.gov/form990.
OMB No. 1545-0047
2015
Open to Public Inspection
A For the 2015 calendar year, or tax year beginning 09-01-2015 , and ending 08-31-2016
BCheck if applicable:
CName of organization
NEW YORK UNIVERSITY
 
 
Doing business as
 
 
Number and street (or P.O. box if mail is not delivered to street address)
105 E 17TH STREET - 2ND FLOOR
 
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
NEW YORK, NY100039580
D Employer identification number

13-5562308
E Telephone number

(212) 998-2955
G Gross receipts $ 8,490,960,796
F Name and address of principal officer:
MARTIN DORPH
105 E 17TH ST 4TH FL
NEW YORK,NY100039580
I
Tax-exempt status: (   ) LeftBullet (insert no.) or
J
Website:MediumBullet
WWW.NYU.EDU
H(a)
Is this a group return for
subordinates?
H(b)
Are all subordinates
included?
If "No," attach a list. (see instructions)
H(c)
Group exemption number MediumBullet  
K Form of organization:  
L Year of formation: 1831
M State of legal domicile: NY
Part I
Summary
Activities  & Governance 1 Briefly describe the organization’s mission or most significant activities: NYU IS A PRIVATE UNIVERSITY WITH APPROXIMATELY 50,000 STUDENTS IN 18 SCHOOLS AND INSTITUTES.
2 Check this box MediumBullet
3 Number of voting members of the governing body (Part VI, line 1a) ........ 3 64
4 Number of independent voting members of the governing body (Part VI, line 1b) ..... 4 58
5 Total number of individuals employed in calendar year 2015 (Part V, line 2a) ...... 5 43,273
6 Total number of volunteers (estimate if necessary) ............. 6 10,202
7a Total unrelated business revenue from Part VIII, column (C), line 12 ........ 7a 7,871,518
b Net unrelated business taxable income from Form 990-T, line 34 ......... 7b -148,880
Revenues Prior Year Current Year
8 Contributions and grants (Part VIII, line 1h) ......... 1,019,592,114 1,044,889,535
9 Program service revenue (Part VIII, line 2g) ......... 4,062,554,380 4,598,605,146
10 Investment income (Part VIII, column (A), lines 3, 4, and 7d ) .... 133,964,438 216,106,568
11 Other revenue (Part VIII, column (A), lines 5, 6d, 8c, 9c, 10c, and 11e) 112,136,028 183,837,009
12 Total revenue—add lines 8 through 11 (must equal Part VIII, column (A), line 12) 5,328,246,960 6,043,438,258
Expenses; 13 Grants and similar amounts paid (Part IX, column (A), lines 1–3 )... 548,897,557 614,812,153
14 Benefits paid to or for members (Part IX, column (A), line 4)..... 0 0
15 Salaries, other compensation, employee benefits (Part IX, column (A), lines 5–10) 2,888,201,400 3,204,455,798
16a Professional fundraising fees (Part IX, column (A), line 11e) ..... 857,263 862,447
b Total fundraising expenses (Part IX, column (D), line 25) MediumBullet50,264,018    
17 Other expenses (Part IX, column (A), lines 11a–11d, 11f–24e).... 1,982,580,586 2,090,333,343
18 Total expenses. Add lines 13–17 (must equal Part IX, column (A), line 25) 5,420,536,806 5,910,463,741
19 Revenue less expenses. Subtract line 18 from line 12....... -92,289,846 132,974,517
Net Assets or Fund Balances; Beginning of Current Year End of Year
20 Total assets (Part X, line 16)............. 10,269,220,274 11,191,514,569
21 Total liabilities (Part X, line 26)............. 5,485,560,370 6,363,828,554
22 Net assets or fund balances. Subtract line 21 from line 20..... 4,783,659,904 4,827,686,015
Part II
Signature Block
Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than officer) is based on all information of which preparer has any knowledge.
Sign Here
JumboBullet 2017-07-14
Signature of officer Date
JumboBullet MARTIN DORPHEXECUTIVE VICE PRESIDENT
Type or print name and title
Paid Preparer Use Only
Print/Type preparer's name
 
Preparer's signature
 
Date
 
PTIN
Firm's name MediumBullet
   
Firm's EIN MediumBullet
Firm's address MediumBullet
 
 

Phone no.
May the IRS discuss this return with the preparer shown above? (see instructions) ..........
For Paperwork Reduction Act Notice, see the separate instructions.
Cat. No. 11282Y Form 990 (2015)
Page 2
Form 990 (2015)
Page 2
Part III
Statement of Program Service Accomplishments
Check if Schedule O contains a response or note to any line in this Part III ..............
1
Briefly describe the organization’s mission: NYU IS A PRIVATE UNIVERSITY WITH APPROXIMATELY 50,000 MATRICULATING STUDENTS IN 18 SCHOOLS AND INSTITUTES. NYU'S PRIMARY MISSIONS ARE EDUCATION, RESEARCH AND SCHOLARSHIP, AND PATIENT CARE. (CONTINUED ON SCHEDULE O)
2
Did the organization undertake any significant program services during the year which were not listed on
the prior Form 990 or 990-EZ? .....................
If "Yes," describe these new services on Schedule O.
3
Did the organization cease conducting, or make significant changes in how it conducts, any program
services? ...........................
If "Yes," describe these changes on Schedule O.
4
Describe the organization’s program service accomplishments for each of its three largest program services, as measured by expenses. Section 501(c)(3) and 501(c)(4) organizations are required to report the amount of grants and allocations to others, the total expenses, and revenue, if any, for each program service reported.
4a (Code:   ) (Expenses $ 1,974,472,028 including grants of $ 607,501,779 ) (Revenue $ 2,276,882,000 )
EDUCATION: FOUNDED IN 1831, NYU IS AMONG THE LARGEST PRIVATE NOT-FOR-PROFIT RESEARCH UNIVERSITIES IN THE U.S., WITH 18 SCHOOLS AND INSTITUTES, APPROXIMATELY 4,000 FULL-TIME FACULTY MEMBERS, AND APPROXIMATELY 50,000 MATRICULATING STUDENTS. NYU ANNUALLY CONFERS OVER 13,000 UNDERGRADUATE, GRADUATE AND PROFESSIONAL DEGREES, AND PROVIDES OVER $300 MILLION PER YEAR IN SCHOLARSHIP AID TO UNDERGRADUATES. NYU HAS AN UNPARALLELED INTERNATIONAL PRESENCE WITH THREE DEGREE-GRANTING LIBERAL ARTS RESEARCH UNIVERSITY CAMPUSES (IN NEW YORK, ABU DHABI, AND SHANGHAI); 11 GLOBAL ACADEMIC SITES (FOR STUDY ABROAD) ON SIX CONTINENTS; SENDS MORE STUDENTS TO STUDY ABROAD THAN ANY OTHER U.S. COLLEGE OR UNIVERSITY; AND ENROLLS MORE INTERNATIONAL STUDENTS THAN ANY OTHER U.S. UNIVERSITY.
4b (Code:   ) (Expenses $ 1,622,781,784 including grants of $   ) (Revenue $ 1,691,398,000 )
PATIENT CARE: NYU'S MEDICAL ACADEMIC PROGRAMS ARE A MAJOR ELEMENT OF THE UNIVERSITY'S MISSION. THE NYU SCHOOL OF MEDICINE WAS ESTABLISHED IN 1841; FROM ITS EARLIEST YEARS, IT HAS BEEN AT THE FOREFRONT OF ADVANCING THE MEDICAL PROFESSION AND MEDICAL RESEARCH, INCLUDING PARTICIPATING IN THE PROCESS THAT LED TO THE ESTABLISHMENT OF NEW YORK CITY'S HEALTH DEPARTMENT, ESTABLISHING THE FIRST OUTPATIENT CLINIC, ESTABLISHING THE FIRST LABORATORY DEVOTED TO TEACHING AND RESEARCH IN BACTERIOLOGY AND PATHOLOGY, CREATING THE FIRST DEPARTMENT OF FORENSIC MEDICINE, CREATING THE FIRST DEPARTMENT OF PHYSICAL MEDICINE AND REHABILITATION IN THE U.S., AND ESTABLISHING ONE OF THE FIRST MD-PHD PROGRAMS. ITS FACULTY AND GRADUATES HAVE INCLUDED NOBEL LAUREATES, THE DISCOVERER OF THE MOSQUITO AS THE SOURCE OF TRANSMISSION OF YELLOW FEVER, BOTH CREATORS OF THE POLIO VACCINE, AND THE RESEARCHERS WHO FOUND THE LINKAGE BETWEEN KAPOSI'S SARCOMA AND IMMUNE DEFICIENCY IN A DISTINCT POPULATION OF GAY MEN (A KEY STEP IN IDENTIFYING AIDS), AMONG OTHER LEADERS IN MEDICINE. THROUGH AFFILIATION AGREEMENTS, THE DOCTORS AND STUDENTS AT NYU SCHOOL OF MEDICINE PLAY A CRUCIAL ROLE IN ENSURING TOP QUALITY CARE NOT ONLY AT THE NYU LANGONE MEDICAL CENTER, BUT ALSO AT THE MANHATTAN VA HOSPITAL AND BELLEVUE HOSPITAL (ARGUABLY THE FOREMOST PUBLIC HOSPITAL IN THE U.S.). THE NYU COLLEGE OF DENTISTRY, WHICH - AS THE LARGEST DENTAL SCHOOL IN THE U.S. AND MOST COMPREHENSIVE ORAL HEALTH CENTER IN THE WORLD - CARES FOR SOME 50,000 POOR AND LOW INCOME NEW YORKERS EACH YEAR AND OPERATES A MOBILE DENTAL CARE PROGRAM WHICH TRAVELS TO UNDERSERVED AREAS OF NEW YORK STATE. IN ADDITION, NYU HAS A COLLEGE OF GLOBAL PUBLIC HEALTH, AND NYU'S RORY MEYERS COLLEGE OF NURSING PROVIDES UNDERGRADUATE AND GRADUATE EDUCATION FOR OVER 1,200 NURSING STUDENTS.
4c (Code:   ) (Expenses $ 983,839,347 including grants of $   ) (Revenue $ 540,793,357 )
RESEARCH AND SCHOLARSHIP: NYU IS A MAJOR RESEARCH INSTITUTION, WITH SIGNIFICANT SUPPORT FROM NIH, NSF AND OTHER FUNDERS. THE RESEARCH AND CREATIVE OUTPUT OF NYU'S SCHOLARS HAVE LED TO THE RECEIPT OF NOBEL PRIZES, ABEL PRIZES, PULITZER PRIZES, GUGGENHEIMS, THE NATIONAL MEDAL OF THE ARTS, THE NATIONAL MEDAL OF SCIENCE, THE NATIONAL MEDAL OF TECHNOLOGY, NSF WATERMAN AWARDS, MAX PLANCK AWARDS, THE KAVLI PRIZE, MEMBERSHIP IN THE NATIONAL ACADEMY OF SCIENCES AND THE NATIONAL ACADEMY OF ENGINEERING, ACADEMY AWARDS, AND TONY AWARDS, AMONG MANY OTHER HONORS FOR THE UNIVERSITY'S FACULTY. NYU FACULTY FINDINGS ARE REGULARLY PUBLISHED IN TOP JOURNALS ACROSS A BROAD RANGE OF SCHOLARLY DISCIPLINES. NYU HAS LEADING PROGRAMS IN ECONOMICS, MATHEMATICS (AND PARTICULARLY APPLIED MATHEMATICS), NEUROSCIENCE, GENOMICS, SOFT CONDENSED MATTER PHYSICS, SOCIOLOGY, PHILOSOPHY, THE LAW, MEDICINE AND BIO-MEDICAL SCIENCES, THE CINEMATIC AND PERFORMING ARTS, AND BUSINESS AND FINANCE, AMONG MANY OTHER SCHOLARLY FIELDS.
(Code:   ) (Expenses $ 648,678,188 including grants of $ 7,310,374 ) (Revenue $ 630,325,145 )
STUDENT SERVICES; STUDENT AID; LIBRARY; AND OPERATION AND MAINTENANCE OF PLANT.
4d Other program services (Describe in Schedule O.)
(Expenses $ 648,678,188 including grants of $ 7,310,374 ) (Revenue $ 630,325,145 )
4e Total program service expensesMediumBullet5,229,771,347
Form 990 (2015)
Page 3
Form 990 (2015)
Page 3
Part IV
Checklist of Required Schedules
Yes
No
1
Is the organization described in section 501(c)(3) or 4947(a)(1) (other than a private foundation)? If "Yes," complete Schedule AClick to see attachment.....................
1
Yes
 
2
Is the organization required to complete Schedule B, Schedule of Contributors (see instructions)? Click to see attachment...
2
Yes
 
3
Did the organization engage in direct or indirect political campaign activities on behalf of or in opposition to candidates for public office? If "Yes," complete Schedule C, Part IClick to see attachment.............
3
 
No
4
Section 501(c)(3) organizations. Did the organization engage in lobbying activities, or have a section 501(h) election in effect during the tax year? If "Yes," complete Schedule C, Part IIClick to see attachment..............
4
Yes
 
5
Is the organization a section 501(c)(4), 501(c)(5), or 501(c)(6) organization that receives membership dues, assessments, or similar amounts as defined in Revenue Procedure 98-19? If "Yes," complete Schedule C, Part IIIClick to see attachment.................
5
 
No
6
Did the organization maintain any donor advised funds or any similar funds or accounts for which donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts? If "Yes," complete Schedule D, Part IClick to see attachment..................
6
 
No
7
Did the organization receive or hold a conservation easement, including easements to preserve open space,
the environment, historic land areas, or historic structures? If "Yes," complete Schedule D, Part IIClick to see attachment...
7
Yes
 
8
Did the organization maintain collections of works of art, historical treasures, or other similar assets? If "Yes," complete Schedule D, Part III Click to see attachment.............
8
Yes
 
9
Did the organization report an amount in Part X, line 21 for escrow or custodial account liability; serve as a custodian for amounts not listed in Part X; or provide credit counseling, debt management, credit repair, or debt negotiation services? If "Yes," complete Schedule D, Part IVClick to see attachment..............
9
 
No
10
Did the organization, directly or through a related organization, hold assets in temporarily restricted endowments, permanent endowments, or quasi-endowments? If "Yes," complete Schedule D, Part VClick to see attachment......
10
Yes
 
11
If the organization’s answer to any of the following questions is "Yes," then complete Schedule D, Parts VI, VII, VIII, IX, or X as applicable.
a
Did the organization report an amount for land, buildings, and equipment in Part X, line 10?
If "Yes," complete Schedule D, Part VI.Click to see attachment...................
11a
Yes
 
b
Did the organization report an amount for investments—other securities in Part X, line 12 that is 5% or more of its total assets reported in Part X, line 16? If "Yes," complete Schedule D, Part VIIClick to see attachment.......
11b
Yes
 
c
Did the organization report an amount for investments—program related in Part X, line 13 that is 5% or more of its total assets reported in Part X, line 16? If "Yes," complete Schedule D, Part VIIIClick to see attachment.......
11c
 
No
d
Did the organization report an amount for other assets in Part X, line 15 that is 5% or more of its total assets reported in Part X, line 16? If "Yes," complete Schedule D, Part IXClick to see attachment............
11d
 
No
e
Did the organization report an amount for other liabilities in Part X, line 25? If "Yes," complete Schedule D, Part XClick to see attachment
11e
Yes
 
f
Did the organization’s separate or consolidated financial statements for the tax year include a footnote that addresses the organization’s liability for uncertain tax positions under FIN 48 (ASC 740)? If "Yes," complete Schedule D, Part XClick to see attachment
11f
 
No
12a
Did the organization obtain separate, independent audited financial statements for the tax year?
If "Yes," complete Schedule D, Parts XI and XII Click to see attachment.................
12a
 
No
b
Was the organization included in consolidated, independent audited financial statements for the tax year? If "Yes," and if the organization answered "No" to line 12a, then completing Schedule D, Parts XI and XII is optional Click to see attachment
12b
Yes
 
13
Is the organization a school described in section 170(b)(1)(A)(ii)? If "Yes," complete Schedule EClick to see attachment
13
Yes
 
14a
Did the organization maintain an office, employees, or agents outside of the United States? .....
14a
Yes
 
b
Did the organization have aggregate revenues or expenses of more than $10,000 from grantmaking, fundraising, business, investment, and program service activities outside the United States, or aggregate foreign investments valued at $100,000 or more? If "Yes," complete Schedule F, Parts I and IV.........Click to see attachment
14b
Yes
 
15
Did the organization report on Part IX, column (A), line 3, more than $5,000 of grants or other assistance to or for any foreign organization? If “Yes,” complete Schedule F, Parts II and IV.....Click to see attachment
15
 
No
16
Did the organization report on Part IX, column (A), line 3, more than $5,000 of aggregate grants or other assistance to or for foreign individuals? If “Yes,” complete Schedule F, Parts III and IV...Click to see attachment
16
Yes
 
17
Did the organization report a total of more than $15,000 of expenses for professional fundraising services on Part IX, column (A), lines 6 and 11e? If "Yes," complete Schedule G, Part I (see instructions) ....Click to see attachment
17
Yes
 
18
Did the organization report more than $15,000 total of fundraising event gross income and contributions on Part VIII, lines 1c and 8a? If "Yes," complete Schedule G, Part II............ Click to see attachment
18
Yes
 
19
Did the organization report more than $15,000 of gross income from gaming activities on Part VIII, line 9a? If "Yes," complete Schedule G, Part III...................Click to see attachment
19
 
No
20a
Did the organization operate one or more hospital facilities? If "Yes," complete Schedule H....
20a
 
No
b
If "Yes" to line 20a, did the organization attach a copy of its audited financial statements to this return?
20b
 
 
Form 990 (2015)
Page 4
Form 990 (2015)
Page 4
Part IV
Checklist of Required Schedules (continued)
21
Did the organization report more than $5,000 of grants or other assistance to any domestic organization or domestic government on Part IX, column (A), line 1? If “Yes,” complete Schedule I, Parts I and II.....Click to see attachment
21
Yes
 
22
Did the organization report more than $5,000 of grants or other assistance to or for domestic individuals on Part IX, column (A), line 2? If “Yes,” complete Schedule I, Parts I and III........Click to see attachment
22
Yes
 
23
Did the organization answer "Yes" to Part VII, Section A, line 3, 4, or 5 about compensation of the organization’s current and former officers, directors, trustees, key employees, and highest compensated employees? If "Yes," complete Schedule J....................... Click to see attachment
23
Yes
 
24a
Did the organization have a tax-exempt bond issue with an outstanding principal amount of more than $100,000 as of the last day of the year, that was issued after December 31, 2002? If “Yes,” answer lines 24b through 24d and complete Schedule K. If “No,” go to line 25a...............Click to see list of attachments
24a
Yes
 
b
Did the organization invest any proceeds of tax-exempt bonds beyond a temporary period exception?...
24b
Yes
 
c
Did the organization maintain an escrow account other than a refunding escrow at any time during the year
to defease any tax-exempt bonds? ...............
24c
 
No
d
Did the organization act as an "on behalf of" issuer for bonds outstanding at any time during the year?...
24d
 
No
25a
Section 501(c)(3), 501(c)(4), and 501(c)(29) organizations. Did the organization engage in an excess benefit transaction with a disqualified person during the year? If "Yes," complete Schedule L, Part I............ Click to see attachment
25a
 
No
b
Is the organization aware that it engaged in an excess benefit transaction with a disqualified person in a prior year, and that the transaction has not been reported on any of the organization’s prior Forms 990 or 990-EZ? If "Yes," complete Schedule L, Part I ...................Click to see attachment
25b
 
No
26
Did the organization report any amount on Part X, line 5, 6, or 22 for receivables from or payables to any current or former officers, directors, trustees, key employees, highest compensated employees, or disqualified persons? If "Yes," complete Schedule L, Part II ................Click to see attachment
26
Yes
 
27
Did the organization provide a grant or other assistance to an officer, director, trustee, key employee, substantial contributor or employee thereof, a grant selection committee member, or to a 35% controlled entity or family member of any of these persons? If "Yes," complete Schedule L, Part III......... Click to see attachment
27
Yes
 
28
Was the organization a party to a business transaction with one of the following parties (see Schedule L, Part IV instructions for applicable filing thresholds, conditions, and exceptions):
a
A current or former officer, director, trustee, or key employee? If "Yes," complete Schedule L,
Part IV
........................Click to see attachment
28a
Yes
 
b
A family member of a current or former officer, director, trustee, or key employee? If "Yes," complete Schedule L, Part IV.....................Click to see attachment
28b
Yes
 
c
An entity of which a current or former officer, director, trustee, or key employee (or a family member thereof) was an officer, director, trustee, or direct or indirect owner? If "Yes," complete Schedule L, Part IV... Click to see attachment
28c
Yes
 
29
Did the organization receive more than $25,000 in non-cash contributions? If "Yes," complete Schedule M..Click to see attachment
29
Yes
 
30
Did the organization receive contributions of art, historical treasures, or other similar assets, or qualified conservation contributions? If "Yes," complete Schedule M .............Click to see attachment
30
Yes
 
31
Did the organization liquidate, terminate, or dissolve and cease operations? If "Yes," complete Schedule N, Part I.
31
 
No
32
Did the organization sell, exchange, dispose of, or transfer more than 25% of its net assets? If "Yes," complete Schedule N, Part II ...........
32
 
No
33
Did the organization own 100% of an entity disregarded as separate from the organization under Regulations sections 301.7701-2 and 301.7701-3? If "Yes," complete Schedule R, Part I ........Click to see attachment
33
 
No
34
Was the organization related to any tax-exempt or taxable entity? If "Yes," complete Schedule R, Part II, III, or IV, and Part V, line 1.........................Click to see attachment
34
Yes
 
35a
Did the organization have a controlled entity within the meaning of section 512(b)(13)?
35a
Yes
 
b
If ‘Yes’ to line 35a, did the organization receive any payment from or engage in any transaction with a controlled entity within the meaning of section 512(b)(13)? If "Yes," complete Schedule R, Part V, line 2 ...Click to see attachment
35b
Yes
 
36
Section 501(c)(3) organizations. Did the organization make any transfers to an exempt non-charitable related organization? If "Yes," complete Schedule R, Part V, line 2............. Click to see attachment
36
Yes
 
37
Did the organization conduct more than 5% of its activities through an entity that is not a related organization and that is treated as a partnership for federal income tax purposes? If "Yes," complete Schedule R, Part VIClick to see attachment
37
 
No
38
Did the organization complete Schedule O and provide explanations in Schedule O for Part VI, lines 11b and 19? Note. All Form 990 filers are required to complete Schedule O. ............
38
Yes
 
Form 990 (2015)
Page 5
Form 990 (2015)
Page 5
Part V
Statements Regarding Other IRS Filings and Tax Compliance
Check if Schedule O contains a response or note to any line in this Part V...........
Yes
No
1a
Enter the number reported in Box 3 of Form 1096 Enter -0- if not applicable ..
1a
48,041
b
Enter the number of Forms W-2G included in line 1a. Enter -0- if not applicable .
1b
0
c
Did the organization comply with backup withholding rules for reportable payments to vendors and reportable gaming (gambling) winnings to prize winners? ..................
1c
Yes
 
2a
Enter the number of employees reported on Form W-3, Transmittal of Wage and
Tax Statements, filed for the calendar year ending with or within the year covered by this return ..................
2a
43,273
b
If at least one is reported on line 2a, did the organization file all required federal employment tax returns?
Note. If the sum of lines 1a and 2a is greater than 250, you may be required to e-file (see instructions)
2b
Yes
 
3a
Did the organization have unrelated business gross income of $1,000 or more during the year?...
3a
Yes
 
b
If “Yes,” has it filed a Form 990-T for this year? If “No” to line 3b, provide an explanation in Schedule O...
3b
Yes
 
4a
At any time during the calendar year, did the organization have an interest in, or a signature or other authority over, a financial account in a foreign country (such as a bank account, securities account, or other financial account)? ..
4a
Yes
 
b
If "Yes," enter the name of the foreign country: MediumBulletAE , AR , AS , BD , CH , CJ , EI , EZ , FR , GH , GM , IS , IT , MP , PM , SP , UK , VI , AF , CY , JE , SN
See instructions for filing requirements for FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR).
5a
Was the organization a party to a prohibited tax shelter transaction at any time during the tax year? ..
5a
 
No
b
Did any taxable party notify the organization that it was or is a party to a prohibited tax shelter transaction?
5b
 
No
c
If "Yes," to line 5a or 5b, did the organization file Form 8886-T? ............
5c
 
 
6a
Does the organization have annual gross receipts that are normally greater than $100,000, and did the organization solicit any contributions that were not tax deductible as charitable contributions? ...
6a
 
No
b
If "Yes," did the organization include with every solicitation an express statement that such contributions or gifts were not tax deductible? ......................
6b
 
 
7
Organizations that may receive deductible contributions under section 170(c).
a
Did the organization receive a payment in excess of $75 made partly as a contribution and partly for goods and services provided to the payor? ....................
7a
Yes
 
b
If "Yes," did the organization notify the donor of the value of the goods or services provided? .....
7b
Yes
 
c
Did the organization sell, exchange, or otherwise dispose of tangible personal property for which it was required to file Form 8282? .........................
7c
 
No
d
If "Yes," indicate the number of Forms 8282 filed during the year ....
7d
 
e
Did the organization receive any funds, directly or indirectly, to pay premiums on a personal benefit contract?
7e
 
No
f
Did the organization, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ..
7f
 
No
g
If the organization received a contribution of qualified intellectual property, did the organization file Form 8899 as required? ......................
7g
 
 
h
If the organization received a contribution of cars, boats, airplanes, or other vehicles, did the organization file a Form 1098-C? ..........................
7h
 
 
8
Sponsoring organizations maintaining donor advised funds.
Did a donor advised fund maintained by the sponsoring organization have excess business holdings at any time during the year? .........................
8
 
 
9a
Did the sponsoring organization make any taxable distributions under section 4966?...
9a
 
 
b
Did the sponsoring organization make a distribution to a donor, donor advisor, or related person?...
9b
 
 
10
Section 501(c)(7) organizations. Enter:
a
Initiation fees and capital contributions included on Part VIII, line 12 ...
10a
 
b
Gross receipts, included on Form 990, Part VIII, line 12, for public use of club facilities
10b
 
11
Section 501(c)(12) organizations. Enter:
a
Gross income from members or shareholders .........
11a
 
b
Gross income from other sources (Do not net amounts due or paid to other sources against amounts due or received from them.) ..........
11b
 
12a
Section 4947(a)(1) non-exempt charitable trusts. Is the organization filing Form 990 in lieu of Form 1041?
12a
 
 
b
If "Yes," enter the amount of tax-exempt interest received or accrued during the year.
12b
 
13
Section 501(c)(29) qualified nonprofit health insurance issuers.
a
Is the organization licensed to issue qualified health plans in more than one state?
Note.
See the instructions for additional information the organization must report on Schedule O.
13a
 
 
b
Enter the amount of reserves the organization is required to maintain by the states in which the organization is licensed to issue qualified health plans ....
13b
 
c
Enter the amount of reserves on hand ............
13c
 
14a
Did the organization receive any payments for indoor tanning services during the tax year?.....
14a
 
No
b
If "Yes," has it filed a Form 720 to report these payments? If "No," provide an explanation in Schedule O..
14b
 
 
Form 990 (2015)
Page 6
Form 990 (2015)
Page 6
Part VI
Governance, Management, and Disclosure For each "Yes" response to lines 2 through 7b below, and for a "No" response to lines 8a, 8b, or 10b below, describe the circumstances, processes, or changes in Schedule O. See instructions.
Check if Schedule O contains a response or note to any line in this Part VI ..............
Section A. Governing Body and Management
Yes
No
1a
Enter the number of voting members of the governing body at the end of the tax year
1a
64
If there are material differences in voting rights among members of the governing body, or if the governing body delegated broad authority to an executive committee or similar committee, explain in Schedule O.
b
Enter the number of voting members included in line 1a, above, who are independent
1b
58
2
Did any officer, director, trustee, or key employee have a family relationship or a business relationship with any other officer, director, trustee, or key employee? .................
2
Yes
 
3
Did the organization delegate control over management duties customarily performed by or under the direct supervision of officers, directors or trustees, or key employees to a management company or other person? .
3
 
No
4
Did the organization make any significant changes to its governing documents since the prior Form 990 was filed? ...........................
4
 
No
5
Did the organization become aware during the year of a significant diversion of the organization’s assets? .
5
 
No
6
Did the organization have members or stockholders? ................
6
Yes
 
7a
Did the organization have members, stockholders, or other persons who had the power to elect or appoint one or more members of the governing body? ....................
7a
Yes
 
b
Are any governance decisions of the organization reserved to (or subject to approval by) members, stockholders, or persons other than the governing body? ...................
7b
Yes
 
8
Did the organization contemporaneously document the meetings held or written actions undertaken during the year by the following:
a
The governing body? .......................
8a
Yes
 
b
Each committee with authority to act on behalf of the governing body? ............
8b
Yes
 
9
Is there any officer, director, trustee, or key employee listed in Part VII, Section A, who cannot be reached at the organization’s mailing address? If "Yes," provide the names and addresses in Schedule O.......
9
 
No
Section B. Policies (This Section B requests information about policies not required by the Internal Revenue Code.)
Yes
No
10a
Did the organization have local chapters, branches, or affiliates? ............
10a
 
No
b
If "Yes," did the organization have written policies and procedures governing the activities of such chapters, affiliates, and branches to ensure their operations are consistent with the organization's exempt purposes?
10b
 
 
11a
Has the organization provided a complete copy of this Form 990 to all members of its governing body before filing the form? ............................
11a
Yes
 
b
Describe in Schedule O the process, if any, used by the organization to review this Form 990. .....
12a
Did the organization have a written conflict of interest policy? If "No," go to line 13.......
12a
Yes
 
b
Were officers, directors, or trustees, and key employees required to disclose annually interests that could give rise to conflicts? ..........................
12b
Yes
 
c
Did the organization regularly and consistently monitor and enforce compliance with the policy? If "Yes," describe in Schedule O how this was done...................
12c
Yes
 
13
Did the organization have a written whistleblower policy? ...............
13
Yes
 
14
Did the organization have a written document retention and destruction policy? .........
14
Yes
 
15
Did the process for determining compensation of the following persons include a review and approval by independent persons, comparability data, and contemporaneous substantiation of the deliberation and decision?
a
The organization’s CEO, Executive Director, or top management official ...........
15a
Yes
 
b
Other officers or key employees of the organization ................
15b
Yes
 
If "Yes" to line 15a or 15b, describe the process in Schedule O (see instructions).
16a
Did the organization invest in, contribute assets to, or participate in a joint venture or similar arrangement with a taxable entity during the year? ......................
16a
 
No
b
If "Yes," did the organization follow a written policy or procedure requiring the organization to evaluate its participation in joint venture arrangements under applicable federal tax law, and take steps to safeguard the organization’s exempt status with respect to such arrangements? ............
16b
 
 
Section C. Disclosure
17
List the States with which a copy of this Form 990 is required to be filedMediumBullet
AK , CO , KY , MD , MA , MI , OH , OK , OR , SC , WA
18
Section 6104 requires an organization to make its Form 1023 (or 1024 if applicable), 990, and 990-T (501(c)(3)s only) available for public inspection. Indicate how you made these available. Check all that apply.
19
Describe in Schedule O whether (and if so, how) the organization made its governing documents, conflict of interest policy, and financial statements available to the public during the tax year.
20
State the name, address, and telephone number of the person who possesses the organization's books and records:
MediumBulletKERRI TRICARICO105 E 17TH STREET 3RD FLOOR   NEW YORK,NY100039345 (212) 998-2913
Form 990 (2015)
Page 7
Form 990 (2015)
Page 7
Part VII
Compensation of Officers, Directors,Trustees, Key Employees, Highest Compensated Employees, and Independent Contractors
Check if Schedule O contains a response or note to any line in this Part VII ..............
Section A. Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees
1a Complete this table for all persons required to be listed. Report compensation for the calendar year ending with or within the organization’s tax year.
RoundBullet List all of the organization’s current officers, directors, trustees (whether individuals or organizations), regardless of amount
of compensation. Enter -0- in columns (D), (E), and (F) if no compensation was paid.

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

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

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

List persons in the following order: individual trustees or directors; institutional trustees; officers; key employees; highest
compensated employees; and former such persons.
Check this box if neither the organization nor any related organization compensated any current officer, director, or trustee.
(A)
Name and Title
(B)
Average hours per week (list any hours for related organizations below dotted line)
(C)
Position (do not check more than one box, unless person is both an officer and a director/trustee)
(D)
Reportable compensation from the organization (W- 2/1099-MISC)
(E)
Reportable compensation from related organizations (W- 2/1099-MISC)
(F)
Estimated amount of other compensation from the organization and related organizations
Individual Trustee or Director; Institutional Trustee; OfficerInd; Key Employee; Highest compensated employee; FormerOfcrDirectorTrusteeInd;
(1) RONALD D ABRAMSON......................................................................
TRUSTEE
2.00
.................
 
X           0 0 0
(2) KHALDOON KHALIFA AL MUBARAK......................................................................
TRUSTEE
2.00
.................
 
X           0 0 0
(3) RALPH ALEXANDER......................................................................
TRUSTEE
2.00
.................
 
X           0 0 0
(4) PHYLLIS PUTTER BARASCH......................................................................
TRUSTEE & VICE CHAIR
2.00
.................
 
X   X       0 0 0
(5) MARIA BARTIROMO......................................................................
TRUSTEE
2.00
.................
 
X           0 0 0
(6) MARC H BELL......................................................................
TRUSTEE
2.00
.................
 
X           0 0 0
(7) WILLIAM R BERKLEY......................................................................
TRUSTEE & CHAIR
8.00
.................
 
X   X       0 0 0
(8) CASEY BOX......................................................................
TRUSTEE
2.00
.................
 
X           0 0 0
(9) BILL BREWER......................................................................
TRUSTEE
2.00
.................
 
X           0 0 0
(10) SHARON CHANG......................................................................
TRUSTEE
2.00
.................
 
X           0 0 0
(11) EVAN R CHESLER......................................................................
TRUSTEE
2.00
.................
 
X           0 0 0
(12) STEVEN M COHEN......................................................................
TRUSTEE
2.00
.................
 
X           0 0 0
(13) WILLIAM T COMFORT III......................................................................
TRUSTEE
2.00
.................
 
X           0 0 0
(14) FLORENCE A DAVIS......................................................................
TRUSTEE
2.00
.................
 
X           0 0 0
(15) MICHAEL DENKENSOHN......................................................................
TRUSTEE
2.00
.................
 
X           0 0 0
(16) BARRY DILLER......................................................................
TRUSTEE (END: 10/6/15)
2.00
.................
 
X           0 0 0
(17) GALE DRUKIER......................................................................
TRUSTEE
2.00
.................
 
X           0 0 0
Form 990 (2015)
Page 8
Form 990 (2015)
Page 8
Part VII
Section A. Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees (continued)
(A)
Name and Title
(B)
Average hours per week (list any hours for related organizations below dotted line)
(C)
Position (do not check more than one box, unless person is both an officer and a director/trustee)
(D)
Reportable compensation from the organization (W- 2/1099-MISC)
(E)
Reportable compensation from related organizations (W- 2/1099-MISC)
(F)
Estimated amount of other compensation from the organization and related organizations
Individual Trustee or Director; Institutional Trustee; OfficerInd; Key Employee; Highest compensated employee; FormerOfcrDirectorTrusteeInd;
(18) JOEL S EHRENKRANZ........................................................................
TRUSTEE
2.00
.......................  
X           0 0 0
(19) LAURENCE D FINK........................................................................
TRUSTEE & VICE CHAIR
4.00
.......................  
X   X       0 0 0
(20) MARK FUNG........................................................................
TRUSTEE
2.00
.......................  
X           0 0 0
(21) NATALIE HOLDER........................................................................
TRUSTEE
2.00
.......................  
X           0 0 0
(22) MITCHELL JACOBSON........................................................................
TRUSTEE
2.00
.......................  
X           0 0 0
(23) BORIS JORDAN........................................................................
TRUSTEE
2.00
.......................  
X           0 0 0
(24) CHARLES KLEIN........................................................................
TRUSTEE
2.00
.......................  
X           0 0 0
(25) ANDRE JL KOO........................................................................
TRUSTEE
2.00
.......................  
X           0 0 0
(26) MARK LESLIE........................................................................
TRUSTEE
2.00
.......................  
X           0 0 0
(27) BRIAN A LEVINE MD........................................................................
TRUSTEE
2.00
.......................  
X           0 0 0
(28) MARTIN LIPTON........................................................................
TRUSTEE
20.00
.......................  
X   X       0 0 0
(29) JEFFREY H LYNFORD........................................................................
TRUSTEE (END: 10/6/15)
2.00
.......................  
X           0 0 0
(30) KELLY KENNEDY MACK........................................................................
TRUSTEE
2.00
.......................  
X           0 0 0
(31) MIMI MD MARZIANI........................................................................
TRUSTEE
2.00
.......................  
X           0 0 0
(32) HOWARD MEYERS........................................................................
TRUSTEE
2.00
.......................  
X           0 0 0
(33) STEVEN S MILLER........................................................................
TRUSTEE
2.00
.......................  
X           0 0 0
(34) CONSTANCE J MILSTEIN........................................................................
TRUSTEE
2.00
.......................  
X           0 0 0
(35) DAVID C OXMAN........................................................................
TRUSTEE
2.00
.......................  
X           0 0 0
(36) JOHN PAULSON........................................................................
TRUSTEE
2.00
.......................  
X           0 0 0
(37) CATHERINE B REYNOLDS........................................................................
TRUSTEE
2.00
.......................  
X           0 0 0
(38) BRETT B ROCHKIND........................................................................
TRUSTEE
2.00
.......................  
X           0 0 0
(39) WILLIAM C RUDIN........................................................................
TRUSTEE
2.00
.......................  
X           0 0 0
(40) CONSTANCE SILVER........................................................................
TRUSTEE & VICE CHAIR
2.00
.......................  
X   X       0 0 0
(41) LISA SILVERSTEIN........................................................................
TRUSTEE
2.00
.......................  
X           0 0 0
(42) JAY STEIN........................................................................
TRUSTEE
2.00
.......................  
X           0 0 0
(43) JOSEPH S STEINBERG........................................................................
TRUSTEE
2.00
.......................  
X           0 0 0
(44) JUDY STEINHARDT........................................................................
TRUSTEE
2.00
.......................  
X           0 0 0
(45) MICHAEL H STEINHARDT........................................................................
TRUSTEE
2.00
.......................  
X           0 0 0
(46) CHANDRIKA TANDON........................................................................
TRUSTEE & VICE CHAIR
6.00
.......................  
X           0 0 0
(47) DANIEL R TISCH........................................................................
TRUSTEE & VICE CHAIR
2.00
.......................  
X   X       0 0 0
(48) JOHN L VOGELSTEIN........................................................................
TRUSTEE (END: 10/6/15)
2.00
.......................  
X           0 0 0
(49) CASEY WASSERMAN........................................................................
TRUSTEE (END: 10/6/15)
2.00
.......................  
X           0 0 0
(50) NINA WEISSBERG........................................................................
TRUSTEE
2.00
.......................  
X           0 0 0
(51) ANTHONY WELTERS........................................................................
TRUSTEE & VICE CHAIR
4.00
.......................  
X   X       0 0 0
(52) SHELBY WHITE........................................................................
TRUSTEE & VICE CHAIR
4.00
.......................  
X   X       0 0 0
(53) LEONARD A WILF........................................................................
TRUSTEE & VICE CHAIR
4.00
.......................  
X   X       0 0 0
(54) FRED WILSON........................................................................
TRUSTEE
2.00
.......................  
X           0 0 0
(55) TAMARA WINN........................................................................
TRUSTEE
2.00
.......................  
X           0 0 0
(56) CHARLES ZEGAR........................................................................
TRUSTEE
2.00
.......................  
X           0 0 0
(57) JOHN E SEXTON........................................................................
TRUSTEE & PRESIDENT(END: 12/31/15)
70.00
.......................  
X   X       10,874,698 0 129,254
(58) JESSICA SWARTZ........................................................................
TRUSTEE
2.00
.......................  
X           0 0 0
(59) JONATHAN KIM........................................................................
TRUSTEE
2.00
.......................  
X           0 0 0
(60) LISA YOO HAHN........................................................................
TRUSTEE
2.00
.......................  
X           0 0 0
(61) LUIZ FRAGA........................................................................
TRUSTEE
2.00
.......................  
X           0 0 0
(62) WENLIANG WANG........................................................................
TRUSTEE
2.00
.......................  
X           0 0 0
(63) ANDREW HAMILTON........................................................................
TRUSTEE & PRESIDENT (BEGIN: 1/1/16)
70.00
.......................  
X   X       0 0 0
(64) ABDUL AZIZ AL GHURAIR........................................................................
TRUSTEE (BEGIN: 10/6/15)
2.00
.......................  
X           0 0 0
(65) TAFFI AYODELE........................................................................
TRUSTEE (BEGIN: 10/6/15)
2.00
.......................  
X           0 0 0
(66) AMANDA LIPITZ........................................................................
TRUSTEE (BEGIN: 10/6/15)
2.00
.......................  
X           0 0 0
(67) BEVERLY HYMAN........................................................................
TRUSTEE (BEGIN: 10/6/15)
2.00
.......................  
X           0 0 0
(68) JOSEPH LANDY........................................................................
TRUSTEE (BEGIN: 10/6/15)
2.00
.......................  
X           0 0 0
(69) LARRY A SILVERSTEIN........................................................................
TRUSTEE (BEGIN: 10/6/15)
2.00
.......................  
X           0 0 0
(70) DAVID W MCLAUGHLIN........................................................................
PROVOST
50.00
.......................  
    X       682,365 0 41,034
(71) ROBERT BERNE........................................................................
EVP. FOR HEALTH
50.00
.......................  
    X       1,431,081 0 41,034
(72) MARTIN DORPH........................................................................
CFO
50.00
.......................  
    X       745,015 0 47,286
(73) TERRANCE NOLAN........................................................................
GEN.COUNSEL & SECR
50.00
.......................  
    X       603,269 0 47,286
(74) KENNETH G LANGONE........................................................................
VICE CHAIR
4.00
.......................  
    X       0 0 0
(75) PIETRINA SCARAGLINO........................................................................
ASSOCIATE SECRETARY
50.00
.......................  
    X       299,832 0 1,147
(76) THOMAS J CAREW........................................................................
DEAN OF FAS
50.00
.......................  
      X     528,553 0 41,034
(77) ANDREW BROTMAN........................................................................
SVP. & VICE DEAN
30.00
.......................30.00
      X     1,247,527 1,247,527 24,292
(78) ROBERT GROSSMAN........................................................................
EX-OFFICIO, DEAN & CEO
30.00
.......................30.00
      X     2,726,791 2,726,791 1,904,252
(79) ALISON LEARY........................................................................
EVP. FOR OPERATIONS (END: 4/1/16)
50.00
.......................  
      X     611,369 0 39,198
(80) STEPHANIE PIANKA........................................................................
TREASURER
50.00
.......................  
      X     371,745 0 34,290
(81) DEBRA LAMORTE........................................................................
SVP. FOR DEVELOPMENT
50.00
.......................  
      X     702,633 0 34,290
(82) LINDA MILLS........................................................................
VC. GLOBAL PROGRAMS
50.00
.......................  
      X     713,110 0 47,286
(83) MARILYN MCMILLAN........................................................................
VP. FOR IT
50.00
.......................  
      X     396,186 0 34,290
(84) KATHLEEN JACOBS START 8315........................................................................
CHIEF INVESTMENT OFFICER
40.00
.......................  
      X     213,784 0 2,039
(85) ANTHONY K FREMPONG-BOADU........................................................................
DR. DIVISION OF SPINAL NEU
50.00
.......................  
        X   3,275,178 0 29,966
(86) JAMES A GRIFO MD PHD........................................................................
PROF. OF OBSTETRICS AND GY
50.00
.......................  
        X   3,497,060 0 28,437
(87) JOHN BENDO........................................................................
VICE CHAIR CLINICAL AFFAIR
50.00
.......................  
        X   3,649,552 0 27,889
(88) RONNIE HERSHMAN........................................................................
CLINICAL INSTRUCTOR DEPART
50.00
.......................  
        X   3,793,730 0 30,773
(89) JEFFREY GOLDSTEIN........................................................................
DIRECTOR OF SPINE SERVICE
40.00
.......................  
        X   933,077 0 4,361
(90) BONNIE BRIER........................................................................
FORMER GEN.COUNSEL & SECR
50.00
.......................  
          X 631,983 0 41,034
(91) TINA SURH........................................................................
FORMER CHIEF INV. OFFICER
50.00
.......................  
          X 866,513 0 10,163
(92) JESS BENHABIB........................................................................
FORMER DEAN FAS
50.00
.......................  
          X 380,610 0 41,034
1b Sub-Total................MediumBullet
c Total from continuation sheets to Part VII, Section A....MediumBullet
d Total (add lines 1b and 1c)...........MediumBullet 39,175,661 3,974,318 2,681,669
2
Total number of individuals (including but not limited to those listed above) who received more than $100,000 of reportable compensation from the organization MediumBullet5,851
Yes
No
3
Did the organization list any former officer, director or trustee, key employee, or highest compensated employee on line 1a? If "Yes," complete Schedule J for such individual ..............
3
Yes
 
4
For any individual listed on line 1a, is the sum of reportable compensation and other compensation from the organization and related organizations greater than $150,000? If "Yes," complete Schedule J for such
individual
...........................
4
Yes
 
5
Did any person listed on line 1a receive or accrue compensation from any unrelated organization or individual for services rendered to the organization? If "Yes," complete Schedule J for such person ........
5
 
No
Section B. Independent Contractors
1
Complete this table for your five highest compensated independent contractors that received more than $100,000 of compensation from the organization. Report compensation for the calendar year ending with or within the organization’s tax year.
(A)
Name and business address
(B)
Description of services
(C)
Compensation
SKANSKA USA BUILDING INC

389 INTERPACE PARKWAY 5TH FLOOR
PARSIPPANY,NJ07054
CONSTRUCTION 148,828,261
TURNER CONSTRUCTION COMPANY CORP

375 HUDSON STREET
NEW YORK,NY10014
CONSTRUCTION 109,991,201
COLLINS BUILDING SERVICES INC

COURT SQUARE PLACE 24-01 44TH ROAD
LONG ISLAND CITY,NY11101
CONSTRUCTION 64,913,493
ARAMARK EDUCATIONAL SERVICES LLC

131 SOUTH DEARBORN 6TH FLOOR
CHICAGO,IL60603
FOOD SERVICE 52,422,385
CALDWELL & WALSH BUILDING CONSTRUCTION

60 EAST 42ND STREET
NEW YORK,NY10165
CONSTRUCTION 30,080,102
2
Total number of independent contractors (including but not limited to those listed above) who received more than $100,000 of compensation from the organization MediumBullet597
Form 990 (2015)
Page 9
Form 990 (2015)
Page 9
Part VIII
Statement of Revenue
Check if Schedule O contains a response or note to any line in this Part VIII .............
(A)
Total revenue
(B)
Related or
exempt
function
revenue
(C)
Unrelated
business
revenue
(D)
Revenue
excluded from
tax under sections
512-514
Contributions, Gifts, GrantAmt and OtherAmt Similar Amounts 1a Federated campaigns..1a  
b Membership dues..1b  
c Fundraising events..1c 17,945,033
d Related organizations1d 1,953,310
e Government grants (contributions)1e 540,793,357
f All other contributions, gifts, grants, and similar amounts not included above1f 484,197,835
g Noncash contributions included in lines 1a-1f:$ 51,847,913
h Total.Add lines 1a-1f.......MediumBullet 1,044,889,535
 Program Service RevenueAmt Business Code
2a TUITION & FEES 611600 2,276,882,000 2,276,882,000    
b PATIENT CARE 623990 1,691,398,000 1,691,398,000    
c OTHER PROGRAM SERVICES 611600 319,946,266 319,946,266    
d HOUSING & DINING 721310 310,378,880 310,378,880    
e
f All other program service revenue.        
g Total.Add lines 2a–2f.....MediumBullet 4,598,605,146
 OtherAmt RevenueAmt 3 Investment income (including dividends, interest, and othersimilar amounts) ..........MediumBullet 27,995,670   -822 27,996,492
4 Income from investment of tax-exempt bond proceedsMediumBullet        
5 Royalties...........MediumBullet        
(ii) Personal (i) Real
6a Gross rents   79,962,998
b Less: rental expenses   63,822,413
c Rental income or (loss)   16,140,585
d Net rental income or (loss)......MediumBullet 16,140,585     16,140,585
(ii) Other (i) Securities
7a Gross amount from sales of assets other than inventory   2,550,703,203
b Less: cost or other basis and sales expenses   2,362,592,305
c Gain or (loss)   188,110,898
d Net gain or (loss).....MediumBullet 188,110,898     188,110,898
8a Gross income from fundraising events (not including $ 17,945,033of contributions reported on line 1c). See Part IV, line 18 ....
a 1,219,947
b Less: direct expenses ...b 1,304,577
c Net income or (loss) from fundraising events..MediumBullet -84,630   -84,630
9a Gross income from gaming activities.
See Part IV, line 19 ...
a  
b Less: direct expenses ...b  
c Net income or (loss) from gaming activities..MediumBullet        
10a Gross sales of inventory, less
returns and allowances ..
a 30,504,861
b Less: cost of goods sold ..b 19,803,243
c Net income or (loss) from sales of inventory..MediumBullet 10,701,618   1,513,047 9,188,571
Business Code Miscellaneous Revenue
11a FEDERAL DISASTER REC. 900099 114,947,844     114,947,844
b NON-OPERATING OTHER 900099 21,932,764     21,932,764
c OTHER AUX. ENTERPRISES 713940 20,045,548   6,359,293 13,686,255
d All other revenue .... 153,280     153,280
e Total. Add lines 11a–11d ...... MediumBullet 157,079,436
12 Total revenue. See Instructions......MediumBullet 6,043,438,258 4,598,605,146 7,871,518 392,072,059
Form 990 (2015)
Page 10
Form 990 (2015)
Page 10
Part IX
Statement of Functional Expenses
Section 501(c)(3) and 501(c)(4) organizations must complete all columns. All other organizations must complete column (A).Check if Schedule O contains a response or note to any line in this Part IX ..............
Do not include amounts reported on lines 6b,
7b, 8b, 9b, and 10b of Part VIII.
(A)
Total expenses
(B)
Program service expenses
(C)
Management and general expenses
(D)
Fundraising expenses
1 Grants and other assistance to domestic organizations and domestic governments. See Part IV, line 21 7,310,374 7,310,374
2 Grants and other assistance to individuals in the United States. See Part IV, line 22 447,700,708 447,700,708
3 Grants and other assistance to governments, organizations, and individuals outside the United States. See Part IV, lines 15 and 16 159,801,071 159,801,071
4 Benefits paid to or for members    
5 Compensation of current officers, directors, trustees, and key employees .... 14,253,462 13,196,365 914,734 142,363
6 Compensation not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B) .... 6,216,853 5,771,631 386,426 58,796
7 Other salaries and wages 2,629,541,609 2,447,190,706 156,635,376 25,715,527
8 Pension plan accruals and contributions (include section 401(k) and 403(b) employer contributions) .... 160,296,360 148,979,162 9,740,399 1,576,799
9 Other employee benefits ....... 259,673,569 246,180,988 10,509,780 2,982,801
10 Payroll taxes ........... 134,473,945 124,770,137 8,403,928 1,299,880
11 Fees for services (non-employees):        
a Management ...... 1,212,947   1,212,947  
b Legal ......... 12,148,526 10,344,179 1,532,565 271,782
c Accounting ........... 1,071,524 924,536 122,698 24,290
d Lobbying ........... 613,010 521,965 77,331 13,714
e Professional fundraising services. See Part IV, line 17 862,447 862,447
f Investment management fees ...... 5,754,128   5,754,128  
g Other (If line 11g amount exceeds 10% of line 25, column (A) amount, list line 11g expenses on Schedule O) 278,021,836 236,703,428 35,094,762 6,223,646
12 Advertising and promotion .... 10,432,988 9,487,005 925,660 20,323
13 Office expenses ....... 125,094,591 120,933,135 3,969,390 192,066
14 Information technology ...... 83,897,181 50,624,113 33,168,423 104,645
15 Royalties .. 1,422,579 1,422,397 182  
16 Occupancy ........... 227,384,656 180,487,854 46,890,602 6,200
17 Travel ............ 127,868,844 119,635,543 1,073,435 7,159,866
18 Payments of travel or entertainment expenses for any federal, state, or local public officials .        
19 Conferences, conventions, and meetings .... 7,861,611 5,755,408 2,036,101 70,102
20 Interest ........... 114,004,852 103,778,573 10,226,279  
21 Payments to affiliates .......        
22 Depreciation, depletion, and amortization .. 299,245,237 236,884,276 62,360,961  
23 Insurance ... 28,399,072 14,157,931 14,241,141  
24 Other expenses. Itemize expenses not covered above (List miscellaneous expenses in line 24e. If line 24e amount exceeds 10% of line 25, column (A) amount, list line 24e expenses on Schedule O.)
a SERVICE CONTRACT FEES 167,720,338 164,281,180 3,439,158  
b REPAIR AND MAINTENANCE 102,010,207 90,121,846 11,864,418 23,943
c CHANGES IN PENSION OBL. 88,499,000   88,499,000  
d OTHER NON OPERATING 47,509,064   47,509,064  
e All other expenses 360,161,152 282,806,836 73,839,488 3,514,828
25 Total functional expenses. Add lines 1 through 24e 5,910,463,741 5,229,771,347 630,428,376 50,264,018
26 Joint costs. Complete this line only if the organization reported in column (B) joint costs from a combined educational campaign and fundraising solicitation. Check here MediumBullet if following SOP 98-2 (ASC 958-720).        
Form 990 (2015)
Page 11
Form 990 (2015)
Page 11
Part X
Balance Sheet
Check if Schedule O contains a response or note to any line in this Part IX ..............
(A)
Beginning of year
(B)
End of year
Assets 1 Cash–non-interest-bearing ........ 916,878,396 1 836,320,474
2 Savings and temporary cash investments ......... 41,544,000 2 398,221,000
3 Pledges and grants receivable, net ...... 438,061,528 3 452,799,194
4 Accounts receivable, net ............. 531,823,243 4 477,990,676
5 Loans and other receivables from current and former officers, directors, trustees, key employees, and highest compensated employees. Complete Part II of Schedule L
552,000 5 536,000
6 Loans and other receivables from other disqualified persons (as defined under section 4958(f)(1)), persons described in section 4958(c)(3)(B), and contributing employers and sponsoring organizations of section 501(c)(9) voluntary employees' beneficiary organizations (see instructions) Complete Part II of Schedule L
7,991,442 6 7,892,109
7 Notes and loans receivable, net .... 90,507,295 7 87,598,199
8 Inventories for sale or use ........ 8,346,000 8 7,678,000
9 Prepaid expenses and deferred charges ...... 101,630,314 9 101,919,307
10a Land, buildings, and equipment: cost or other basis. Complete Part VI of Schedule D 10a 8,278,340,828
b Less: accumulated depreciation 10b 3,162,036,494 4,580,939,288 10c 5,116,304,334
11 Investments—publicly traded securities .   11  
12 Investments—other securities. See Part IV, line 11 ..... 3,477,815,859 12 3,611,733,602
13 Investments—program-related. See Part IV, line 11 ..   13  
14 Intangible assets ...............   14  
15 Other assets. See Part IV, line 11 ........... 73,130,909 15 92,521,674
16 Total assets. Add lines 1 through 15 (must equal line 34)... 10,269,220,274 16 11,191,514,569
Liabilities 17 Accounts payable and accrued expenses ..... 612,410,593 17 796,897,943
18 Grants payable ...   18  
19 Deferred revenue ......... 818,459,000 19 828,307,000
20 Tax-exempt bond liabilities ......... 2,093,863,000 20 2,974,675,000
21 Escrow or custodial account liability. Complete Part IV of Schedule D   21  
22 Loans and other payables to current and former officers, directors, trustees, key employees, highest compensated employees, and disqualified
persons. Complete Part II of Schedule L..   22  
23 Secured mortgages and notes payable to unrelated third parties .. 34,596,000 23 79,098,000
24 Unsecured notes and loans payable to unrelated third parties .. 766,492,000 24 527,693,000
25 Other liabilities (including federal income tax, payables to related third parties, and other liabilities not included on lines 17-24). Complete Part X of Schedule D 1,159,739,777 25 1,157,157,611
26 Total liabilities. Add lines 17 through 25.. 5,485,560,370 26 6,363,828,554
Net Assets or Fund Balance Organizations that follow SFAS 117 (ASC 958), check here MediumBullet and complete lines 27 through 29, and lines 33 and 34.
27 Unrestricted net assets 1,761,756,596 27 1,800,248,237
28 Temporarily restricted net assets ........... 1,280,581,372 28 1,144,193,135
29 Permanently restricted net assets 1,741,321,936 29 1,883,244,643
Organizations that do not follow SFAS 117 (ASC 958), check here MediumBullet and complete lines 30 through 34.
30 Capital stock or trust principal, or current funds .....   30  
31 Paid-in or capital surplus, or land, building or equipment fund ...   31  
32 Retained earnings, endowment, accumulated income, or other funds   32  
33 Total net assets or fund balances ........... 4,783,659,904 33 4,827,686,015
34 Total liabilities and net assets/fund balances ........ 10,269,220,274 34 11,191,514,569
Form 990 (2015)
Page 12
Form 990 (2015)
Page 12
Part XI
Reconcilliation of Net Assets
Check if Schedule O contains a response or note to any line in this Part XI ..............
1
Total revenue (must equal Part VIII, column (A), line 12) ............
1
6,043,438,258
2
Total expenses (must equal Part IX, column (A), line 25) ............
2
5,910,463,741
3
Revenue less expenses. Subtract line 2 from line 1 ..............
3
132,974,517
4
Net assets or fund balances at beginning of year (must equal Part X, line 33, column (A)) ..
4
4,783,659,904
5
Net unrealized gains (losses) on investments ...............
5
-88,948,406
6
Donated services and use of facilities .................
6
 
7
Investment expenses .....................
7
 
8
Prior period adjustments .....................
8
 
9
Other changes in net assets or fund balances (explain in Schedule O) ........
9
0
10
Net assets or fund balances at end of year. Combine lines 3 through 9 (must equal Part X, line 33, column (B))
10
4,827,686,015
Part XII
Financial Statements and Reporting
Check if Schedule O contains a response or note to any line in this Part XII .............
Yes
No
1
Accounting method used to prepare the Form 990:  
If the organization changed its method of accounting from a prior year or checked "Other," explain in
Schedule O.
2a
Were the organization’s financial statements compiled or reviewed by an independent accountant?
2a
 
No
If ‘Yes,’ check a box below to indicate whether the financial statements for the year were compiled or reviewed on a separate basis, consolidated basis, or both:
b
Were the organization’s financial statements audited by an independent accountant?
2b
Yes
 
If ‘Yes,’ check a box below to indicate whether the financial statements for the year were audited on a separate basis, consolidated basis, or both:
c
If "Yes," to line 2a or 2b, does the organization have a committee that assumes responsibility for oversight of the audit, review, or compilation of its financial statements and selection of an independent accountant?
2c
Yes
 
If the organization changed either its oversight process or selection process during the tax year, explain in Schedule O.
3a
As a result of a federal award, was the organization required to undergo an audit or audits as set forth in the Single Audit Act and OMB Circular A-133?
3a
Yes
 
b
If "Yes," did the organization undergo the required audit or audits? If the organization did not undergo the required audit or audits, explain why in Schedule O and describe any steps taken to undergo such audits.
3b
Yes
 
Form 990 (2015)
Form 990 (2015)
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