Fairfield University

Organization Overview

Fairfield University is located in Fairfield, CT. The organization was established in 1943. According to its NTEE Classification (B43) the organization is classified as: Universities, under the broad grouping of Education and related organizations. As of 06/2020, Fairfield University employed 3,393 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.

For the year ending 06/2020, Fairfield University generated $361.7m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 4.1% each year. All expenses for the organization totaled $316.2m during the year ending 06/2020. While expenses have increased by 3.4% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

FAIRFIELD'S MISSION IS TO DEVELOP THE CREATIVE INTELLECTUAL POTENTIAL OF ITS STUDENTS AND TO FOSTER IN THEM ETHICAL AND RELIGIOUS VALUES AND A SENSE OF SOCIAL RESPONSIBILITY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

FAIRFIELD UNIVERSITY IS AN INSTITUTE OF HIGHER LEARNING WITH UNDERGRADUATE, GRADUATE, AND CONTINUING EDUCATION ACADEMIC PROGRAMS INCLUDING STUDENTS RESIDING ON CAMPUS. SEE SCHEDULE O.


ROOM & BOARD. SEE SCHEDULE O.


OTHER ACTIVITIES. A VARIETY OF STUDENT SERVICES INCLUDING ARTS AND ENTERTAINMENT AT THE QUICK CENTER, STUDENT ACTIVITIES FOR CLUB SPORTS, AND OTHER ITEMS.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Gilbane Building Company
Construction
$18,239,994
Consigli Construction Inc
Construction
$8,228,671
Caldwell Walsh Building Construct
Construction
$8,105,286
Sodexo Operations Llc
Dining Service
$11,608,909
Whiting Turner Contracting Co
Construction
$10,455,609
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$3,354
Related organizations$0
Government grants $4,946,466
All other contributions, gifts, grants, and similar amounts not included above$37,868,567
Noncash contributions included in lines 1a–1f $7,742,607
Total Revenue from Contributions, Gifts, Grants & Similar$42,818,387
Total Program Service Revenue$292,896,855
Investment income $12,887,358
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $401,787
Net Gain/Loss on Asset Sales $12,740,102
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $361,744,489

Grants Recieved

Over the last fiscal year, we have identified 48 grants that Fairfield University has recieved totaling $1,546,089.

Awarding OrganizationAmount
Lavelle Fund For The Blind Inc

New York, NY

PURPOSE: BROTHER KEARNEY SCHOLARSHIP PROGRAM, PHASE 3, JULY 2014 - JUNE 2019

$544,137
Stephen And Palmina Pace Foundation Inc

New York, NY

PURPOSE: ARTWORK BY STEPHEN PACE

$346,470
Lavelle Fund For The Blind Inc

New York, NY

PURPOSE: BROTHER KEARNEY SCHOLARSHIP PROGRAM, PHASE 4, JULY 2019 - JUNE 2024

$242,768
Bank Of America Charitable Foundation Inc

Charlotte, NC

PURPOSE: GENERAL SUPPORT

$75,000
Bank Of America Charitable Foundation Inc

Charlotte, NC

PURPOSE: GENERAL SUPPORT

$75,000
American Online Giving Foundation Inc

Newark, DE

PURPOSE: GENERAL SUPPORT

$57,512
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$382,450,518
Earnings-$15,169,929
Admin Expense$141,123
Net Contributions$1,402,417
Other Expense$6,958,998
Grants$4,530,960
Ending Balance$357,051,925

Peer Organizations

Organization NameAssets
Fordham University
Bronx, NY
$936,054,028
Rochester Institute Of Technology
Rochester, NY
$849,584,640
St Johns University New York
Jamaica, NY
$810,687,746
Rensselaer Polytechnic Institute
Troy, NY
$653,047,178
The New School
New York, NY
$558,997,855
Hofstra University
Hempstead, NY
$592,927,157
Rockefeller University
New York, NY
$455,447,251
American University Of Beirut
New York, NY
$608,300,843
Brandeis University
Waltham, MA
$457,392,877
Quinnipiac University
Hamden, CT
$499,698,237
Johnson & Wales University
Providence, RI
$403,272,641
Long Island University
Brookville, NY
$425,246,385

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