Sacred Heart University

Organization Overview

Sacred Heart University is located in Fairfield, CT. The organization was established in 1964. 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, Sacred Heart University employed 5,054 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, Sacred Heart University generated $378.4m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 5.7% each year. All expenses for the organization totaled $327.3m during the year ending 06/2020. While expenses have increased by 5.7% 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

THE UNIVERSITY IS A CO-EDUCATIONAL INSTITUTION OF HIGHER LEARNING OFFERING UNDERGRADUATE, GRADUATE AND DOCTORAL DEGREES, AS WELL AS CONTINUING EDUCATION IN A VARIETY OF DISCIPLINES, WITH A COMMITMENT TO LEADERSHIP IN CATHOLIC HIGHER EDUCATION.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SACRED HEART CONTINUES TO OFFER A WIDE RANGE OF UNDERGRADUATE AND GRADUATE PROGRAMS. REGARDLESS OF WHAT UNDERGRADUATE PROGRAM OR GRADUATE PROGRAMS ARE CHOSEN, OUR FOCUS ON ACADEMIC OPPORTUNITIES - ROOTED IN THE CATHOLIC INTELLECTUAL TRADITIONS AND THE PRINCIPLES OF ENGAGED LEARNING - CREATES AN ABSORBING, CUSTOMIZED EDUCATIONAL EXPERIENCE FOR EACH STUDENT.


SACRED HEART UNIVERSITY'S STUDENT FINANCIAL ASSISTANCE OFFICE IS COMMITTED TO HELPING STUDENTS AND THEIR FAMILIES FIND THE MOST AFFORDABLE OPTIONS AVAILABLE FOR ATTENDING COLLEGE. FOR FULL-TIME UNDERGRADUATE STUDENTS, THERE ARE BASICALLY TWO TYPES OF FINANCIAL ASSISTANCE: FIRST, TRADITIONAL MERIT OR NEED-BASED AID; AND SECOND, A RANGE OF OTHER OPTIONS OPEN TO STUDENTS AND THEIR FAMILIES WHETHER THEY QUALIFY FOR TRADITIONAL AID OR NOT. SEVERAL FINANCIAL ASSISTANCE OPTIONS ARE ALSO AVAILABLE TO QUALIFIED PART-TIME UNDERGRADUATE STUDENTS AND GRADUATE STUDENTS.


SACRED HEART UNIVERSITY IS COMMITTED TO SERVING THE NEEDS OF ITS DIVERSE STUDENT POPULATION BY OFFERING AN ARRAY OF SERVICES DESIGNED TO ENSURE STUDENT SUCCESS. THESE SERVICES, PROVIDED THROUGH ACADEMIC ADVISING, STUDENT LIFE, CAREER SERVICES, JANDRESEVITS LEARNING CENTER, THE OFFICE OF SPECIAL SERVICES, AND THE WELLNESS CENTER, AIM TO SERVE STUDENT IN A MANNER THAT IS CONSISTENT WITH THE MISSION. THE UNIVERSITY ALSO PROMOTES ACTIVE ENGAGED LEARNING OUTSIDE OF THE CLASSROOM. OUR ATHLETICS PROGRAMS ARE ABOUT MORE THAN JUST COMPETITION AND WINNING, THEY ARE BUILT ON LONGSTANDING TRADITION OF HELPING OUR STUDENT ATHLETES REALIZE THEIR POTENTIAL, STRENGTHEN THEIR CHARACTER, AND EMPOWER THEIR MIND WHILE DEVELOPING SELF-CONFIDENCE AND VALUABLE LEADERSHIP SKILLS.


OTHER GENERAL AND AUXILIARY SERVICES


Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Board, Officers & Key Employees

Name (title)Compensation
John J Petillo
President
$935,357
Michael J Kinney
Sr. VP For Finance
$766,319
John Chalykoff
Dean
$371,207
Rupendra Paliwal
Provost & Vice President F
$361,834
James Barquinero
Sr. Vice President
$343,209
David Coppola
Sr. VP Admin & Planning
$308,168

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Wiley Edu Llc
Online Education Services
$4,214,621
S-l-a-m Collaborative Inc
Architectural Services
$2,738,784
Johnson Laffen Galloway Architects Ltd
Architectural Services
$2,262,899
Chartwell's Higher Education Co Boa
Food Services
$15,285,526
Southeast Service Corporation
Janitorial Services
$4,206,397
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$1,413,038
Related organizations$0
Government grants $5,602,873
All other contributions, gifts, grants, and similar amounts not included above$10,608,338
Noncash contributions included in lines 1a–1f $632,264
Total Revenue from Contributions, Gifts, Grants & Similar$17,624,249
Total Program Service Revenue$353,026,896
Investment income $5,322,689
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $97,224
Net Gain/Loss on Asset Sales $2,468,980
Net Income from Fundraising Events -$181,515
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $378,358,523

Grants Awarded

Over the last fiscal year, Sacred Heart University has awarded $30,000 in support to 2 organizations.

Grant RecipientAmount

HABITAT FOR HUMANITY OF COASTAL FAIRFIELD COUNTY

Org PageRecipient Profile

Bridgeport, CT

PURPOSE: DONATION

$20,000

HISPANIC FEDERATION

Org PageRecipient Profile

New York, NY

PURPOSE: DONATION

$10,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 18 grants that Sacred Heart University has recieved totaling $516,666.

Awarding OrganizationAmount
$182,753
Mcleod Blue Skye Charitable Foundation Inc

Branford, CT

PURPOSE: ANNUAL SUPPORT

$150,000
Horizons National Student Enrichment Program Inc

Westport, CT

PURPOSE: SUPPORT FOR SUMMER AND ENRICHMENT PROGRAM.

$60,566
Bank Of America Charitable Foundation Inc

Charlotte, NC

PURPOSE: GENERAL SUPPORT

$20,000
Bank Of America Charitable Foundation Inc

Charlotte, NC

PURPOSE: GENERAL SUPPORT

$20,000
Solutions Journalism Network Inc

New York, NY

PURPOSE: SUPPORT TRAINING

$19,890
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$178,215,437
Earnings$5,611,837
Net Contributions$12,638,158
Other Expense$4,897,146
Ending Balance$191,568,286

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

Create an account to unlock the data you need.

or