Pace University

Organization Overview

Pace University is located in New York, NY. The organization was established in 1949. According to its NTEE Classification (B40) the organization is classified as: Higher Education, under the broad grouping of Education and related organizations. As of 06/2020, Pace University employed 5,816 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, Pace University generated $597.7m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 1.5% each year. All expenses for the organization totaled $582.8m during the year ending 06/2020. While expenses have increased by 1.9% 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

PACE UNIVERSITY CONSIDERS TEACHING AND LEARNING ITS PRIORITY. PACE IS COMMITTED TO THE NEEDS OF ITS QUALIFIED AND DIVERSE STUDENT POPULATION.

Describe the Organization's Program Activity:

Part 3 - Line 4a

INSTRUCTIONAL - TO PROVIDE PERSONNEL, SUPPLIES, EQUIPMENT AND OTHER MATERIALS FOR THE INSTRUCTION OF FULL AND PART-TIME GRADUATE AND UNDERGRADUATE STUDENTS.


SCHOLARSHIPS - TO PROVIDE STUDENTS WITH ACADEMIC AND/OR NEED-BASED TUITION ASSISTANCE.


AUXILIARIES - TO MEET NON-INSTRUCTIONAL NEEDS OF STUDENTS SUCH AS DORMS AND CAFETERIA SERVICES.


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Board, Officers & Key Employees

Name (title)Compensation
Marvin Krislov
Trustee, President
$631,115
Robert C Almon
Evp & CFO
$398,445
Vayna Quinones
Provost,exec VP Academic Affai
$392,593
Neal S Braun
Dean, Lubin School Of Business
$386,107
Nira Herrmann
Dean, Dyson College
$366,986
Gary Laermer
VP Dev & Alum Rltns
$342,971

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Abm Janitorial Services Northeast I
Cleaning
$4,519,743
Winfield Security Corp
Security
$5,010,087
Chartwells Dining Service
Food Services
$14,793,517
Sciame Construction Llc
Construction
$5,942,639
Collins Building Services
Cleaning
$4,905,255
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$433,030
Related organizations$0
Government grants $13,824,774
All other contributions, gifts, grants, and similar amounts not included above$12,489,658
Noncash contributions included in lines 1a–1f $620,343
Total Revenue from Contributions, Gifts, Grants & Similar$26,747,462
Total Program Service Revenue$559,275,541
Investment income $3,574,764
Tax Exempt Bond Proceeds $51,465
Royalties $85,181
Net Rental Income $37,047
Net Gain/Loss on Asset Sales $5,672,827
Net Income from Fundraising Events -$272,930
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $597,655,933

Grants Recieved

Over the last fiscal year, we have identified 24 grants that Pace University has recieved totaling $1,549,302.

Awarding OrganizationAmount
Legal Services Of The Hudson Valley

White Plains, NY

PURPOSE: CIVIL LEGAL SERVICES

$440,711
Legal Services Of The Hudson Valley

White Plains, NY

PURPOSE: CIVIL LEGAL SERVICES

$440,711
Mjs Foundation Inc

New York, NY

PURPOSE: PROGRAM SUPPORT FOR THE SCHOLARSHIP FUND

$200,000
Jewish Communal Fund

New York, NY

PURPOSE: General support

$153,622
American Online Giving Foundation Inc

Newark, DE

PURPOSE: GENERAL SUPPORT

$72,543
Hispanic Scholarship Fund

Gardena, CA

PURPOSE: TO PROVIDE SCHOLARSHIPS FOR STUDENTS

$59,479
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$193,048,642
Earnings$8,107,993
Net Contributions$3,815,808
Other Expense$7,711,377
Grants$3,434,014
Ending Balance$193,827,052

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