SCHEDULE R
(Form 990)
Department of the Treasury
Internal Revenue Service
Related Organizations and Unrelated Partnerships
MediumBulletComplete if the organization answered "Yes" on Form 990, Part IV, line 33, 34, 35b, 36, or 37.
MediumBulletAttach to Form 990.
MediumBullet Go to www.irs.gov/Form990 for instructions and the latest information.

OMB No. 1545-0047
2021
Open to Public Inspection
Name of the organization
LEHIGH UNIVERSITY
 
Employer identification number

24-0795445
Part I
Identification of Disregarded Entities. Complete if the organization answered "Yes" on Form 990, Part IV, line 33.
(a)
Name, address, and EIN (if applicable) of disregarded entity


(b)
Primary activity


 		(c)
Legal domicile (state
or foreign country)

 		(d)
Total income


 		(e)
End-of-year assets


 		(f)
Direct controlling
entity
(1) LU PROPERTIES LLC
306 SOUTH NEW ST SUITE 428
BETHLEHEM,PA18015
24-0795445 		REAL ESTATE PA 0 0 LEHIGH UNIV
 
(2) LUP2 LLC
306 SOUTH NEW ST SUITE 428
BETHLEHEM,PA18015
24-0795445 		REAL ESTATE PA 3,131 13,587,005 LEHIGH UNIV
 
(3) LUP3 LLC
306 SOUTH NEW ST SUITE 428
BETHLEHEM,PA18015
24-0795445 		REAL ESTATE PA 0 0 LEHIGH UNIV
 
(4) LUP4 LLC
306 SOUTH NEW ST SUITE 428
BETHLEHEM,PA18015
24-0795445 		REAL ESTATE PA 0 17,000,453 LEHIGH UNIV
 
(5) LUP5 LLC
306 SOUTH NEW ST SUITE 428
BETHLEHEM,PA18015
24-0795445 		REAL ESTATE PA 0 1,726,206 LEHIGH UNIV
 
(6) LUP6 LLC
306 SOUTH NEW ST SUITE 428
BETHLEHEM,PA18015
24-0795445 		REAL ESTATE PA 0 2,735,116 LEHIGH UNIV
 
(7) LUP7 LLC
306 SOUTH NEW ST SUITE 428
BETHLEHEM,PA18015
24-0795445 		REAL ESTATE PA 0 1,493,029 LEHIGH UNIV
 
(8) LUP8 LLC
306 SOUTH NEW ST SUITE 428
BETHLEHEM,PA18015
24-0795445 		REAL ESTATE PA 0 1,778,167 LEHIGH UNIV
 
(9) LUP9 LLC
306 SOUTH NEW ST SUITE 428
BETHLEHEM,PA18015
24-0795445 		REAL ESTATE PA 1,473 1,029,352 LEHIGH UNIV
 
(10) LUP10 LLC
306 SOUTH NEW ST SUITE 428
BETHLEHEM,PA18015
24-0795445 		REAL ESTATE PA 553 1,027,210 LEHIGH UNIV
 
(11) LUP11 LLC
306 SOUTH NEW ST SUITE 428
BETHLEHEM,PA18015
24-0795445 		REAL ESTATE PA 0 65,284 LEHIGH UNIV
 
(12) LUP12 LLC
306 SOUTH NEW ST SUITE 428
BETHLEHEM,PA18015
24-0795445 		REAL ESTATE PA 0 949,596 LEHIGH UNIV
 
(13) LUP13 LLC
306 SOUTH NEW ST SUITE 428
BETHLEHEM,PA18015
24-0795445 		REAL ESTATE PA 75,958 1,987,279 LEHIGH UNIV
 
(14) LUP14 LLC
306 SOUTH NEW ST SUITE 428
BETHLEHEM,PA18015
24-0795445 		REAL ESTATE PA 0 1,641,396 LEHIGH UNIV
 
(15) LUP15 LLC
306 SOUTH NEW ST SUITE 428
BETHLEHEM,PA18015
24-0795445 		REAL ESTATE PA 45,500 2,701,249 LEHIGH UNIV
 
(16) LUP16 LLC
306 SOUTH NEW ST SUITE 428
BETHLEHEM,PA18015
24-0795445 		REAL ESTATE PA 0 247,071 LEHIGH UNIV
 
(17) LUP17 LLC
306 SOUTH NEW ST SUITE 428
BETHLEHEM,PA18015
24-0795445 		REAL ESTATE PA 2,210 9,961,011 LEHIGH UNIV
 
(18) LUP18 LLC
306 SOUTH NEW ST SUITE 428
BETHLEHEM,PA18015
24-0795445 		REAL ESTATE PA 553 1,618,520 LEHIGH UNIV
 
(19) LUP19 LLC
306 SOUTH NEW ST SUITE 428
BETHLEHEM,PA18015
24-0795445 		REAL ESTATE PA 0 30,967 LEHIGH UNIV
 
(20) LUP20 LLC
306 SOUTH NEW ST SUITE 428
BETHLEHEM,PA18015
24-0795445 		REAL ESTATE PA 1,105 0 LEHIGH UNIV
 
(21) LUP21 LLC
306 SOUTH NEW ST SUITE 428
BETHLEHEM,PA18015
24-0795445 		REAL ESTATE PA 553 903,981 LEHIGH UNIV
 
(22) LUP22 LLC
306 SOUTH NEW ST SUITE 428
BETHLEHEM,PA18015
24-0795445 		REAL ESTATE PA 368 605,134 LEHIGH UNIV
 
(23) LUP23 LLC
306 SOUTH NEW ST SUITE 428
BETHLEHEM,PA18015
24-0795445 		REAL ESTATE PA 0 374,041 LEHIGH UNIV
 
(24) LUPLT LLC
306 SOUTH NEW ST SUITE 428
BETHLEHEM,PA18015
24-0795445 		REAL ESTATE PA 0 0 LEHIGH UNIV
 
(25) SOUTH RIVER INVESTMENTS LLC
306 SOUTH NEW ST SUITE 428
BETHLEHEM,PA18015
24-0795445 		REAL ESTATE PA 434,457 6,595,886 LEHIGH UNIV
 
Part II
Identification of Related Tax-Exempt Organizations. Complete if the organization answered "Yes" on Form 990, Part IV, line 34 because it had one or more related tax-exempt organizations during the tax year.
(a)
Name, address, and EIN of related organization


(b)
Primary activity


 		(c)
Legal domicile (state
or foreign country)

 		(d)
Exempt Code section


 		(e)
Public charity status
(if section 501(c)(3))

 		(f)
Direct controlling
entity

 		(g)
Section 512(b)(13) controlled entity?
Yes No
(1)BEN FRANKLIN TECHNOLOGY PARTNERS NE PA
116 RESEARCH DRIVE

BETHLEHEM,PA18015
23-2517422 		ECONOMIC DEV PA 501(C)(3) 7 NA
 
Yes
 
(2)MANUFACTURERS RESOURCE CENTER
7200 WINDSOR DRIVE

ALLENTOWN,PA18106
23-2514764 		ECONOMIC DEV PA 501(C)(3) 7 NA
 
Yes
 
(3)LEHIGH UNIVERSITY ALUMNI ASSOCIATION
306 SOUTH NEW ST SUITE 500

BETHLEHEM,PA18015
24-0796860 		ALUMNI RELAT PA 501(C)(3) 12c, III FI NA
 
Yes
 








For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 50135Y
Schedule R (Form 990) 2021
Schedule R (Form 990) 2021
Page 2
Part III
Identification of Related Organizations Taxable as a Partnership. Complete if the organization answered "Yes" on Form 990, Part IV, line 34, because it had one or more related organizations treated as a partnership during the tax year.
(a)
Name, address, and EIN of
related organization



 		(b)
Primary activity




 		(c)
Legal
domicile
(state or foreign
country)


 		(d)
Direct controlling
entity



 		(e)
Predominant income(related, unrelated, excluded from tax under sections 512-514)

(f)
Share of total income




 		(g)
Share of end-of-year
assets



 		(h)
Disproprtionate allocations?




 		(i)
Code V-UBI
amount in box 20 of
Schedule K-1
(Form 1065)
 		(j)
General or
managing
partner?



 		(k)
Percentage
ownership
Yes No Yes No
(1) STORMFIELD OPPORTUNITY FUND II LP

200 PEQUOT AVE
SOUTHPORT,CT06890
86-2617388 		INVESTMENT CT LEHIGH UNIV
  		UNRELATED 540,402     No 8,382   No 71.039 %












Part IV
Identification of Related Organizations Taxable as a Corporation or Trust. Complete if the organization answered "Yes" on Form 990, Part IV, line 34 because it had one or more related organizations treated as a corporation or trust during the tax year.
(a)
Name, address, and EIN of
related organization
 		(b)
Primary activity
 		(c)
Legal
domicile
(state or foreign
country)
 		(d)
Direct controlling
entity
 		(e)
Type of entity
(C corp, S corp,
or trust) 		(f)
Share of total income
 		(g)
Share of end-of-year
assets
 		(h)
Percentage
ownership
 		(i)
Section 512(b)(13) controlled entity?
Yes No
(1) LIFE INCOME FUNDS HELD IN TRUST (2)

 
 
  PA VARIOUS
  		TRUST         No
(2) LIFE INCOME FUNDS HELD IN TRUST (2)

 
 
  CA VARIOUS
  		TRUST         No
(3) LIFE INCOME FUNDS HELD IN TRUST (1)

 
 
  NJ VARIOUS
  		TRUST         No
(4) LIFE INCOME FUNDS HELD IN TRUST (1)

 
 
  DC VARIOUS
  		TRUST         No
(5) LIFE INCOME FUNDS HELD IN TRUST (1)

 
 
  NY VARIOUS
  		TRUST         No
(6) LIFE INCOME FUNDS HELD IN TRUST (2)

 
 
  FL VARIOUS
  		TRUST         No
(7) LIFE INCOME FUNDS HELD IN TRUST (1)

 
 
  DE VARIOUS
  		TRUST         No
(8) LIFE INCOME FUNDS HELD IN TRUST (1)

 
 
  OH VARIOUS
  		TRUST         No
(9) ENDOWMENT FUNDS HELD IN TRUST (1)

 
 
  NJ VARIOUS
  		TRUST     100.000 %   No
(10) ENDOWMENT FUNDS HELD IN TRUST (2)

 
 
  CO VARIOUS
  		TRUST     100.000 %   No
(11) ENDOWMENT FUNDS HELD IN TRUST (1)

 
 
  PA VARIOUS
  		TRUST     100.000 %   No
(12) ENDOWMENT FUNDS HELD IN TRUST (1)

 
 
  WV VARIOUS
  		TRUST     100.000 %   No
(13) STABLER CORP CTR PROPERTY OWNERS ASSOC

27 MEMORIAL DRIVE WEST
BETHLEHEM,PA18015
23-2885456 		PROPERTY MGMT PA LU PROPERTIES
  		C CORP         No
Schedule R (Form 990) 2021
Schedule R (Form 990) 2021
Page 3
Part V
Transactions With Related Organizations. Complete if the organization answered "Yes" on Form 990, Part IV, line 34, 35b, or 36.
Note. Complete line 1 if any entity is listed in Parts II, III, or IV of this schedule.
Yes
No
1 During the tax year, did the orgranization engage in any of the following transactions with one or more related organizations listed in Parts II-IV?
a Receipt of (i) interest, (ii) annuities, (iii) royalties, or (iv) rent from a controlled entity .....................
1a
 
No
b Gift, grant, or capital contribution to related organization(s) ............................
1b
Yes
 
c Gift, grant, or capital contribution from related organization(s) ............................
1c
Yes
 
d Loans or loan guarantees to or for related organization(s) ............................
1d
 
No
e Loans or loan guarantees by related organization(s) ............................
1e
 
No
f Dividends from related organization(s) ............................
1f
 
No
g Sale of assets to related organization(s) ............................
1g
 
No
h Purchase of assets from related organization(s) ............................
1h
 
No
i Exchange of assets with related organization(s) ............................
1i
 
No
j Lease of facilities, equipment, or other assets to related organization(s) .......................
1j
 
No
k Lease of facilities, equipment, or other assets from related organization(s) ......................
1k
 
No
l Performance of services or membership or fundraising solicitations for related organization(s) .....................
1l
Yes
 
m Performance of services or membership or fundraising solicitations by related organization(s) .................
1m
Yes
 
n Sharing of facilities, equipment, mailing lists, or other assets with related organization(s) ...................
1n
Yes
 
o Sharing of paid employees with related organization(s) ............................
1o
Yes
 
p Reimbursement paid to related organization(s) for expenses ............................
1p
 
No
q Reimbursement paid by related organization(s) for expenses ............................
1q
Yes
 
r Other transfer of cash or property to related organization(s) ............................
1r
 
No
s Other transfer of cash or property from related organization(s) ............................
1s
 
No
2
If the answer to any of the above is "Yes," see the instructions for information on who must complete this line, including covered relationships and transaction thresholds.
(a)
Name of related organization 		(b)
Transaction
type (a-s) 		(c)
Amount involved 		(d)
Method of determining amount involved
(1) LEHIGH UNIVERSITY ALUMNI ASSOCIATION

 1B 1,133,933 CASH VALUE
(2) BEN FRANKLIN TECH PARTNERS OF NORTHEASTERN PA

 1C 420,997 CASH VALUE
(3) MANUFACTURERS RESOURCE CENTER

 1L 74,408 CASH VALUE
(4) BEN FRANKLIN TECH PARTNERS OF NORTHEASTERN PA

 1L 150,541 CASH VALUE
(5) BEN FRANKLIN TECH PARTNERS OF NORTHEASTERN PA

 1Q 570,618 CASH VALUE
(6) MANUFACTURERS RESOURCE CENTER

 1Q 375,745 CASH VALUE
Schedule R (Form 990) 2021
Schedule R (Form 990) 2021
Page 4
Part VI
Unrelated Organizations Taxable as a Partnership. Complete if the organization answered "Yes" on Form 990, Part IV, line 37.
Provide the following information for each entity taxed as a partnership through which the organization conducted more than five percent of its activities (measured by total assets or gross revenue) that was not a related organization. See instructions regarding exclusion for certain investment partnerships.
(a)
Name, address, and EIN of entity 		(b)
Primary activity 		(c)
Legal domicile
(state or foreign
country) 		(d)
Predominant income (related, unrelated, excluded from tax under sections 512-514)

(e)
Are all partners
section
501(c)(3)
organizations? 		(f)
Share of total income




 		(g)
Share of
end-of-year
assets 		(h)
Disproprtionate allocations? 		(i)
Code V-UBI
amount in box 20
of Schedule K-1
(Form 1065) 		(j)
General or
managing
partner? 		(k)
Percentage
ownership
Yes No Yes No Yes No






























Schedule R (Form 990) 2021
Schedule R (Form 990) 2021
Page 5
Part VII
Supplemental Information
Provide additional information for responses to questions on Schedule R. See instructions.
Return Reference Explanation
Schedule R (Form 990) 2021

Additional Data


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