2026-05-13T13:39:51-05:00 2025-06-30 882730877 CHERRY BEKAERT ADVISORY LLC 200 SOUTH 10TH ST STE 900 RICHMOND VA 23219 990 2024-07-01 540528203 THE COLLEGIATE SCHOOL COLL 8047407077 103 NORTH MOORELAND ROAD RICHMOND VA 23229 PHYLLIS PALMIERO CFO & COO 8047419799 2026-03-05 1 1 MELANIE MCPEAK P01346034 8046735700 2024 2025-03-06 01:10:19Z PHYLLIS PALMIERO 103 NORTH MOORELAND ROAD RICHMOND VA 23229 76762433 0 X WWW.COLLEGIATE-VA.ORG X 1915 VA SEE SCHEDULE O TO CREATE A DIVERSE AND INCLUSIVE COMMUNITY OF LEARNERS COMMITTED TO A CHALLENGING AND SUPPORTIVE EDUCATIONAL EXPERIENCE THAT WILL FOSTER THE INTELLECTUAL, MORAL, EMOTIONAL, AND PHYSICAL DEVELOPMENT OF EACH STUDENT. 20 19 731 700 437623 284543 4624974 4570183 54277355 56660037 5088024 3611918 106857 282680 64097210 65124818 4913918 5197935 0 0 39340881 41133558 0 0 1718342 16890942 17042561 61145741 63374054 2951469 1750764 177169569 183719613 35066361 32729355 142103208 150990258 X TO CREATE A DIVERSE AND INCLUSIVE COMMUNITY OF LEARNERS COMMITTED TO A CHALLENGING AND SUPPORTIVE EDUCATIONAL EXPERIENCE THAT WILL FOSTER THE INTELLECTUAL, MORAL, EMOTIONAL, AND PHYSICAL DEVELOPMENT OF EACH STUDENT. 0 0 50866259 5197935 50853617 INSTRUCTIONAL: COLLEGIATE SCHOOL PROVIDED JUNIOR KINDERGARTEN THROUGH TWELFTH GRADE EDUCATION TO 1,690 STUDENTS. COLLEGIATE OPERATES TWO CAMPUSES: THE 55-ACRE MAIN ACADEMIC CAMPUS, LOCATED IN WESTERN HENRICO COUNTY, AND THE ROBINS CAMPUS, A 180-ACRE ATHLETIC CAMPUS, LOCATED IN EASTERN GOOCHLAND COUNTY. THE MAIN CAMPUS COMPRISES THE LOWER SCHOOL, MIDDLE SCHOOL AND UPPER SCHOOL AND IS ALSO HOME TO THE HERSHEY CENTER FOR THE ARTS, GROVER JONES ATHLETIC FIELD, THE SHARP ACADEMIC COMMONS AND THREE LIBRARIES. PROGRAM DESCRIPTION CONTINUED ON SCHEDULE O. 4501832 5927119 AUXILIARIES AND OTHER PROGRAMS - THE SCHOOL OPERATES, FOR THE BENEFIT AND CONVENIENCE OF PARENTS, STUDENTS, AND ALUMNI, SEVERAL AUXILIARY SERVICES INCLUDING FOOD SERVICE (CAFETERIAS), A CAMPUS BOOKSTORE, AFTER SCHOOL PROGRAMS, SUMMER CAMPS, YOUTH SPORTS, AND PRIVATE MUSIC INSTRUCTION, AMONG OTHERS. 55368091 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 1 0 1 0 1 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 179 1 1 731 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 20 19 1 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 X PHYLLIS PALMIERO CFO & COO 8047419799 103 NORTH MOORELAND ROAD RICHMOND VA 23229 JEFFERY W MANCABELLI HEAD OF SCHOOL - BEGAN 7/1/24 40.00 0.00 X X 365074 0 37687 W HILDEBRANDT SURGNER JR CHAIRMAN OF THE BOARD 2.00 0.00 X X 0 0 0 KENNETH P RUSCIO VICE CHAIRMAN OF THE BOARD 2.00 0.00 X X 0 0 0 NEELAN A MARKEL SECRETARY 2.00 0.00 X X 0 0 0 CARTER M REID IMMEDIATE PAST CHAIR 2.00 0.00 X X 0 0 0 ELLEN T BONBRIGHT TRUSTEE 2.00 0.00 X 0 0 0 CALLIE LACY BRACKETT TRUSTEE 2.00 0.00 X 0 0 0 MAYME BETH F DONOHUE TRUSTEE 2.00 0.00 X 0 0 0 MASON T CHAPMAN TRUSTEE 2.00 0.00 X 0 0 0 WORTIE FERRELL II TRUSTEE 2.00 0.00 X 0 0 0 MEERA PAHUJA TRUSTEE 2.00 0.00 X 0 0 0 J CHEAIRS PORTER JR TRUSTEE 2.00 0.00 X 0 0 0 JOHN H RIVERS JR TRUSTEE 2.00 0.00 X 0 0 0 JOANN ADRALES RUH TRUSTEE 2.00 0.00 X 0 0 0 MALCOLM S MCDONALD TRUSTEE 2.00 0.00 X 0 0 0 MORENIKE K MILES TRUSTEE 2.00 0.00 X 0 0 0 JULIOUS P SMITH III TRUSTEE 2.00 0.00 X 0 0 0 WALLACE G STETTINIUS TRUSTEE 2.00 0.00 X 0 0 0 WALLACE STETTINIUS TRUSTEE EMERITUS 2.00 0.00 X 0 0 0 R GREGORY WILLIAMS TRUSTEE EMERITUS 2.00 0.00 X 0 0 0 PHYLLIS PALMIERO CFO & COO 40.00 0.00 X 305339 0 67296 DEBORAH CLABO ASSISTANT SECRETARY 40.00 0.00 X 83980 0 19522 LOUIS FIERRO DIRECTOR OF INFORMATION TE 40.00 0.00 X 150463 0 95393 TUNG TRINH DEAN OF FACULTY 40.00 0.00 X 170528 0 74741 PATRICK E LOACH HEAD OF UPPER SCHOOL 40.00 0.00 X 175645 0 50689 KRISTEN O WILLIAMS CHIEF DEVELOPMENT OFFICER 40.00 0.00 X 175792 0 38487 DEBORAH MILLER HEAD OF LOWER SCHOOL 40.00 0.00 X 160971 0 26916 WILLIAM S PEEBLES IV INT. HEAD OF SCHOOL - UNTIL 6/30/24 40.00 0.00 X 371335 0 816 1959127 0 411547 30 1 1 0 SYCOM TECHNOLOGIES LLC PO BOX 790379 ST LOUIS MO 63179 TECHNOLOGY SERVICES 247025 A-TECH 11654 PLAZA AMERICA DR 719 RESTON VA 20190 SECURITY CAMERA INSTALLATION/MAINTENANCE 231188 ABM INDUSTRY GROUPS LLC PO BOX 643823 PITTSBURGH PA 15264 CUSTODIAL SERVICES 126298 RIVER CITY TENNIS LLC 2301 KINGS LYNN RD MIDLOTHIAN VA 23113 TENNIS COURT RESURFACING 121260 MCGUIRE WOODS LLP GATEWAY PLAZA 800 E CANAL ST RICHMOND VA 23219 LEGAL SERVICES 120814 6 36761 4533422 849497 4570183 TUITION & FEES 611600 50853617 50853617 FOOD SERVICE 611600 1807472 1807472 CHILD CARE 611600 1381905 1381905 SUMMER PROGRAMS 611600 1357580 1357580 PRIVATE MUSIC LESSONS 611600 353909 353909 905554 905554 56660037 2004763 437623 1567140 160628 67664 92964 92964 92964 12720620 10915944 197521 1804676 -197521 1607155 1607155 216164 36761 147147 69017 69017 430038 309339 120699 120699 65124818 56780736 437623 3336276 5197935 5197935 1364006 294052 775902 294052 31213842 27960903 2425950 826989 2103408 1920446 137309 45653 4306038 3808301 368955 128782 2146264 1870627 204328 71309 129908 4975 124933 71647 71647 625186 625186 4663507 4257103 329618 76786 178190 178190 1510284 1208765 200617 100902 650879 574685 74629 1565 3307 3307 1705758 1567542 101392 36824 145497 124725 14829 5943 372292 319141 37945 15206 498872 479813 18357 702 4724455 4588410 108037 28008 367535 47317 320218 FIELD TRIP EXPENSE 436087 378868 40849 16370 MEALS 369894 244459 77713 47722 DUES AND SUBSCRIPTIONS 243078 188630 32919 21529 GRADUATION 72488 72488 273697 255599 18098 63374054 55368091 6287621 1718342 7895710 5002781 6100598 9184784 1237465 1008563 128807 95912 1066681 1066681 83408 46917 857524 867304 150718305 97191204 52324917 53527101 30411038 40950443 70356070 69071853 6707351 2897274 177169569 183719613 4015029 4153059 4760371 4103307 24099091 22509184 2191870 1963805 35066361 32729355 X 79833598 83805087 62269610 67185171 142103208 150990258 177169569 183719613 X 1750764 7040364 95922 X 0 1 X 1 0 X 9344811 2705234 10831578 4624974 4570183 32076780 9344811 2705234 10831578 4624974 4570183 32076780 2428963 29647817 454236 405810 429869 1237050 1727768 4254733 292921 283648 506640 1083209 341837 105882 447719 37862441 256922015 0.78300 0.80770 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 86507964 850230 8930216 640915 3810669 91836826 80897530 2743185 7340702 646470 3826983 86507964 82574874 1044485 1626818 606451 3742196 80897530 88495653 573312 -3529456 564602 2400033 82574874 62964055 9223650 20765827 517585 3940294 88495653 0.30575 0.69425 0.00000 0 0 4587034 4587034 96616359 53793707 42822652 16006477 12697466 3309011 33508435 30700031 2808404 53527101 PARTNERSHIPS 63454033 F PARTNERSHIPS 163646 C PARTNERSHIPS 5454174 F 69071853 ACCRUED POST RETIREMENT MEDICAL 1788000 ANNUITIES PAYABLE 74976 ACCRUED INTEREST PAYABLE 96825 OTHER LIABILITIES 4004 1963805 X 66829714 7040364 -5203871 1836493 64993221 625186 -493589 131597 65124818 57950084 3919 526254 530173 57419911 625186 5328957 5954143 63374054 PART V, LINE 4: THE COLLEGIATE SCHOOL'S ENDOWMENT (THE ENDOWMENT) CONSISTS OF APPROXIMATELY 178 INDIVIDUAL ENDOWMENTS, OF WHICH 68% ARE TRUE ENDOWMENTS AND 32% ARE RESTRICTED AND BOARD-DESIGNATED QUASI-ENDOWMENTS. OF THE TRUE ENDOWMENTS, 58% REPRESENTS FUNDS RESTRICTED FOR FACULTY AND PROGRAM DEVELOPMENT, 29% REPRESENTS FUNDS RESTRICTED FOR FINANCIAL AID, AND 13% IS UNRESTRICTED. IT IS THE SCHOOL'S INTENTION THAT THESE FUNDS ARE TO BE USED TO SUPPORT THESE SPECIFIC PURPOSES IN PERPETUITY AND SPENDING IS LIMITED TO THE BOARD-APPROVED SPEND RATE OF 4%. IN ADDITION, THE SCHOOL'S ENDOWMENT CONTAINS AN UNRESTRICTED QUASI-ENDOWMENT FUND THAT ACCOUNTS FOR 30% OF THE TOTAL ENDOWMENT MARKET VALUE AT JUNE 30, 2025. THE QUASI-ENDOWMENT IS AVAILABLE TO BE USED AT THE DISCRETION OF THE BOARD, INCLUDING, AND WITHOUT LIMITATION, TO PAY CAPITAL IMPROVEMENT PROJECT COSTS AND DEBT SERVICE (BOTH CURRENT AND FUTURE) PAYMENTS. ENDOWMENT CONTRIBUTIONS ARE COMPOSED OF CONTRIBUTIONS AND TRANSFERS. ENDOWMENT CONTRIBUTIONS TOTALED $850,230 FOR THE FISCAL YEAR. PART X, LINE 2: THE SCHOOL IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. MANAGEMENT HAS EVALUATED THE EFFECT OF THE GUIDANCE PROVIDED BY U.S. GENERALLY ACCEPTED ACCOUNTING PRINCIPLES ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. MANAGEMENT BELIEVES THAT THE SCHOOL CONTINUES TO SATISFY THE REQUIREMENTS OF A TAX-EXEMPT ORGANIZATION AT JUNE 30, 2025. MANAGEMENT HAS EVALUATED ALL OTHER TAX POSITIONS THAT COULD HAVE A SIGNIFICANT EFFECT ON THE FINANCIAL STATEMENTS AND DETERMINED THE SCHOOL HAD NO UNCERTAIN INCOME TAX POSITIONS AT JUNE 30, 2025 AND 2024. PART XI, LINE 2D - OTHER ADJUSTMENTS: FINANCIAL AID NETTED WITH TUITION REVENUE ON FINANCIAL STATEMENTS -5,197,935. CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS -5,936. PART XI, LINE 4B - OTHER ADJUSTMENTS: COST OF GOODS SOLD -309,339. DIRECT FUNDRAISING EVENT EXPENSES -147,147. LOSS ON SALE OF STOCK -2,104. NET FUND 7 INCOME 32,665. RENTAL EXPENSES -67,664. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 309,339. RENTAL EXPENSES 67,664. DIRECT FUNDRAISING EVENT EXPENSES 147,147. LOSS ON SALE OF STOCK 2,104. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID NETTED WITH TUITION REVENUE ON FINANCIAL STATEMENTS 5,197,935. NET FUND 7 EXPENSES 131,022. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 THE FOLLOWING STATEMENT CAN BE FOUND ON THE HOME PAGE AND THE ADMISSION PAGE OF THE SCHOOL'S WEBSITE, THE FAMILY HANDBOOK, AND ALL ADMISSIONS AND OTHER PRINTED MATERIALS: THE SCHOOL ADMITS QUALIFIED STUDENTS AND DOES NOT DISCRIMINATE ON THE BASIS OF RACE, COLOR, NATIONAL OR ETHNIC ORIGIN, RELIGION, GENDER, SEXUAL ORIENTATION, MENTAL OR PHYSICAL DISABILITY, OR ANY OTHER STATUS PROTECTED BY APPLICABLE LAW IN THE ADMINISTRATION OF ITS ADMISSIONS, SCHOLARSHIPS, AND LOANS, AND ITS EDUCATIONAL, ATHLETIC, AND OTHER PROGRAMS. 1 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 0 PROGRAM SERVICES INTERNATIONAL STUDY 11405 SUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA FASO, 0 0 PROGRAM SERVICES ASSISTANCE 7081 EAST ASIA AND THE PACIFIC 0 0 PROGRAM SERVICES INTERNATIONAL STUDY 807 0 0 0 0 0 0 19293 0 19293 1 0 1 0 0 0 PART I, LINE 3: AMOUNT REPORTED FOR PROGRAM SERVICES WAS CALCULATED USING THE ACCRUAL METHOD OF ACCOUNTING. VILLAGE GREEN FAIR 167902 36761 131141 3670 16469 14750 47330 BOOK FAIR 26070 26070 22216 4 50100 50100 4734 25857 244072 36761 207311 3670 21203 14750 95403 135026 72285 1 NEED-BASED FINANCIAL ASSISTANCE 272 5117135 0 FMV TUITION REDUCTION, FEES, BOOKS, AFTER SCHOOL REDUCTION MERIT-BASED SCHOLARSHIPS 11 80800 0 FMV TUITION REDUCTION PART I, LINE 2: THE SCHOOL PROVIDES NEED-BASED FINANCIAL ASSISTANCE TO FAMILIES WHO QUALIFY. FAMILIES REQUESTING FINANCIAL ASSISTANCE SUBMIT A PARENTS' FINANCIAL STATEMENT (PFS) ANNUALLY TO THE SCHOOL AND STUDENT SERVICES (SSS). THIS FORM REQUESTS INFORMATION SUCH AS INCOME, EXPENSES, ASSETS, FAMILY SIZE, AND NUMBER OF CHILDREN IN TUITION CHARGING SCHOOLS. IN ADDITION, FAMILIES SUBMIT SUPPORTING DOCUMENTS SUCH AS TAX RETURNS, W-2S AND 1099S. THE SSS EVALUATES THE FAMILY'S FINANCIAL NEED AND DETERMINES AN EXPECTED FAMILY CONTRIBUTION. THE FINANCIAL ASSISTANCE COMMITTEE REVIEWS THE PFS AND SUPPORTING DOCUMENTATION AND USES THE SSS EVALUATION AS A GUIDE IN DETERMINING A FAMILY'S NEED. THE FINANCIAL ASSISTANCE COMMITTEE MAKES THE FINAL AWARD DECISIONS AND APPLIES THE ASSISTANCE TOWARD THE TUITION FOR THAT SCHOOL YEAR. THE SCHOOL OFFERS ASSISTANCE FOR BOOKS AND MORE LIMITED ASSISTANCE FOR SCHOOL ACTIVITY FEES. THE SCHOOL OFFERS SCHOLARSHIPS TO STUDENTS OF STRONG CHARACTER, WHO HAVE A DEMONSTRATED INTEREST AND OUTSTANDING ACHIEVEMENT IN THE AREAS OF ACADEMICS, ATHLETICS, FINE ARTS AND / OR LOCAL AND GLOBAL ENGAGEMENT. THE SCHOLARSHIPS ARE A FOUR-YEAR MERIT-BASED SCHOLARSHIP OF UP TO FIFTY PERCENT OF TUITION. STUDENTS MUST REMAIN IN GOOD ACADEMIC STANDING FOR THE SCHOLARSHIP TO RENEW IN YEARS TWO THROUGH FOUR. NINTH GRADE APPLICANTS ARE ELIGIBLE FOR THESE SCHOLARSHIPS. THE ADMISSION OFFICE AND UPPER SCHOOL ADMINISTRATION REVIEW ELIGIBLE APPLICANTS AND MAKE SELECTIONS BASED ON THE STATED CRITERIA. THESE SCHOLARSHIPS ARE APPLIED TO THE TUITION FOR THAT SCHOOL YEAR. X X 1 1 X X X X X X 0 0 0 0 0 0 0 0 0 JEFFERY W MANCABELLI HEAD OF SCHOOL - BEGAN 7/1/24 279648 0 0 0 85426 0 20192 0 17495 0 402761 0 0 0 PHYLLIS PALMIERO CFO & COO 302260 0 0 0 3079 0 31938 0 35358 0 372635 0 0 0 WILLIAM S PEEBLES IV INT. HEAD OF SCHOOL - UNTIL 6/30/24 310962 0 57750 0 2623 0 0 0 816 0 372151 0 0 0 LOUIS FIERRO DIRECTOR OF INFORMATION TE 149313 0 0 0 1150 0 11350 0 84043 0 245856 0 0 0 TUNG TRINH DEAN OF FACULTY 169127 0 0 0 1401 0 12458 0 62283 0 245269 0 0 0 PATRICK E LOACH HEAD OF UPPER SCHOOL 174617 0 0 0 1028 0 18799 0 31890 0 226334 0 0 0 KRISTEN O WILLIAMS CHIEF DEVELOPMENT OFFICER 174167 0 0 0 1625 0 12697 0 25790 0 214279 0 0 0 DEBORAH MILLER HEAD OF LOWER SCHOOL 157374 0 0 0 3597 0 15751 0 11165 0 187887 0 0 0 PART I, LINE 1A THE HEAD OF SCHOOL RECEIVES CERTAIN ADDITIONAL BENEFITS THAT ARE TYPICAL COMPONENTS OF AN EXECUTIVE LEVEL COMPENSATION PACKAGE AMONG INDEPENDENT SCHOOLS. BENEFITS ALSO INCLUDE A HOUSING ALLOWANCE. NATIONALLY AND LOCALLY, MANY HEADS OF SCHOOLS ARE PROVIDED A HOME ON CAMPUS, WHEN ONE EXISTS. WHEN ONE DOES NOT EXIST ON CAMPUS, AS IS THE CASE AT COLLEGIATE SCHOOL, IT IS CUSTOMARY TO PROVIDE A HOUSING ALLOWANCE TO THE HEAD OF SCHOOL. THE HOUSING ALLOWANCE IS A TAXABLE BENEFIT AND INCLUDED IN OTHER REPORTABLE COMPENSATION. MOVING COSTS ARE GROSSED UP TO PROVIDE FOR THE ASSOCIATED TAX LIABILITY. PART I, LINE 3 THE COMPENSATION COMMITTEE REVIEWS THE INDEX (INDEPENDENT DATA EXCHANGE) REPORT ON THE SALARIES AND TOTAL COMPENSATION FOR THE HEAD OF SCHOOL. THE INDEX BENCHMARKING GROUP CONSISTS OF A VARIETY OF JK-12 CO-EDUCATIONAL DAY SCHOOLS ACROSS THE NATION WITH SIMILAR MISSIONS AND SIZE TO COLLEGIATE SCHOOL. THE COMMITTEE ALSO REVIEWS ANY OTHER COMPARISONS THAT MAY BE AVAILABLE AT THAT TIME. IN ADDITION, THE COMPENSATION COMMITTEE ENGAGES PROFESSIONAL SERVICES TO ESTABLISH A REBUTTABLE PRESUMPTION OF REASONABLENESS FOR THE HEAD OF SCHOOL. A ECONOMIC DEVELOPMENT AUTHORITY OF HENRICO COUNTY VIRGINIA 541197472 42605PDC6 2012-04-19 24183447 CAPITAL IMPROVEMENT 1 0 0 B ECONOMIC DEVELOPMENT AUTHORITY OF HENRICO COUNTY VIRGINIA 541197472 000000000 2021-03-29 11655000 REFINANCE BOND SERIES 2010 AND 2017B. 0 0 0 C ECONOMIC DEVELOPMENT AUTHORITY OF HENRICO COUNTY VIRGINIA 541197472 000000000 2022-04-15 12770000 REFINANCE TAXABLE BOND DATED 3/27/2014 0 0 0 A 22260000 24228100 433186 23794914 2013 0 0 1 1 B 3115000 11655000 92650 11562350 2018 1 0 1 1 C 155000 12770000 12770000 2018 0 1 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 B 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 C 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 A 0 0 1 1 0 0 0 0 1 B 0 1 0 0 0 0 0 0 1 C 0 0 1 0 0 0 0 0 1 A 1 B 1 C 1 DATE REBATE COMPUTATION PERFORMED ISSUER NAME: ECONOMIC DEVELOPMENT AUTHORITY OF HENRICO COUNTY, VIRGINIA DATE THE REBATE COMPUTATION WAS PERFORMED: 03/27/2014 SCHEDULE K, PART II, LINE 3, COL (A): THE TOTAL PROCEEDS OF ISSUE DOES NOT EQUAL THE ISSUE PRICE IN PART I DUE TO INVESTMENT EARNINGS ON BOND PROCEEDS WHILE AWAITING EXPENDITURE. X 9046 FAIR MARKET VALUE X 61 307983 MEAN VALUE 0 0 1 0 PART I, COLUMN (B): THE NUMBER REPORTED IN COLUMN B OF SCHEDULE M FOR ALL DONATIONS REPRESENTS THE NUMBER OF CONTRIBUTIONS FOR EACH RESPECTIVE CATEGORY. PART III, LINE 4A THE ROBINS CAMPUS COMPRISES SIX ATHLETIC-RELATED BUILDINGS, 12 ATHLETIC FIELDS, 13 TENNIS COURTS AND A TENNIS HOUSE; THE SAM NEWELL FIELD COMPLEX WITH BASEBALL FIELDS, DUGOUTS, CONCESSIONS/FILMING BUILDINGS, A CROSS COUNTRY COURSE, SOFTBALL FIELD, STRENGTH TRAINING ROOM, INDOOR TURF ROOM, TRAINER FACILITIES AND LOCKER ROOMS, AND AN OUTDOOR TURF FIELD FOR FIELD HOCKEY AND LACROSSE. COLLEGIATE HAS 81 ATHLETIC TEAMS AND 42 PERFORMING ARTS ENSEMBLES. COLLEGIATE IS ALSO HOME TO THE POWELL INSTITUTE FOR RESPONSIBLE CITIZENSHIP. THE PRINCIPLES OF THE INSTITUTE ARE ACTUALIZED THROUGH COLLABORATIONS WITH FACULTY AND INTEGRATION OF PROGRAMS IN JK-GRADE 12 THAT BUILD THE KNOWLEDGE, SKILLS, AND DISPOSITIONS NECESSARY FOR TODAY'S AND TOMORROW'S WORLD, THROUGH THE IDENTIFIED AREAS OF: GLOBAL ENGAGEMENT, INCLUSION, ECONOMIC LITERACY, ENTREPRENEURSHIP, SUSTAINABILITY AND CIVIC ENGAGEMENT. STUDENTS IN EACH DIVISION OF THE SCHOOL EXEMPLIFY THEIR UNDERSTANDING OF, AND GROWTH IN, THE TENETS OF THESE AREAS BY PARTICIPATING IN A CULMINATING CAPSTONE PROGRAM. 4TH GRADERS PARTICIPATE IN ENVISION COLLEGIATE, 8TH GRADERS PARTICIPATE IN ENVISION RICHMOND AND 12TH GRADERS PARTICIPATE IN ENVISION YOUR WORLD. HIGHLIGHTS FROM THE 143 SENIORS IN THE GRADUATING CLASS OF 2025 ARE AS FOLLOWS: - 85% OF THE CLASS REPORTED BEING ACCEPTED BY ONE OF THEIR TOP TWO COLLEGES - $13.4 MILLION IN MERIT SCHOLARSHIPS WERE EARNED INCLUDING THE PRESTIGIOUS JEFFERSON SCHOLARSHIP - SIX ARTISTS WILL PURSUE THEIR CRAFT IN HIGHLY SELECTIVE PROGRAMS IN CREATIVE ADVERTISING, FILM STUDIES, MUSICAL THEATER, AND THE VISUAL ARTS - 25 RECRUITED ATHLETES WILL COMPETE AT THE DIVISION I, DIVISION II AND DIVISION III LEVELS. THE INSTITUTIONS THAT SAW COUGARS APPLY, ADMITTED AND ENROLL DISPLAY WIDE-RANGING BREADTH, INCLUDING ARTS SCHOOLS, ENGINEERING SCHOOLS, HISTORICALLY BLACK COLLEGES AND UNIVERSITIES, LARGE RESEARCH UNIVERSITIES, SINGLE-SEX INSTITUTIONS AND SMALL LIBERAL ARTS COLLEGES. FORM 990, PART VI, SECTION A, LINE 2 WALLACE G. STETTINIUS TRUSTEE IS THE SON OF WALLACE STETTINIUS TRUSTEE EMERITUS. FORM 990, PART VI, SECTION B, LINE 11B TO PROTECT DONOR PRIVACY, THE SCHOOL DOES NOT PROVIDE SCHEDULE B TO THE BOARD OF TRUSTEES. HOWEVER, A FULL PUBLIC DISCLOSURE COPY OF THE FORM 990 IS PROVIDED TO THE BOARD AND HEAD OF SCHOOL FOR THEIR REVIEW BEFORE IT IS FILED. THE FORM 990 IS REVIEWED BY THE SCHOOL'S CHIEF FINANCIAL OFFICER/CHIEF OPERATING OFFICER AS WELL AS THE SCHOOL'S INDEPENDENT ACCOUNTING FIRM CHERRY BEKAERT. FORM 990, PART VI, SECTION B, LINE 12C EACH YEAR, ALL OFFICERS, TRUSTEES, AND KEY EMPLOYEES ARE REQUIRED TO COMPLETE A CONFLICT OF INTEREST STATEMENT, NOTING ANY RELATIONSHIPS AND/OR CONFLICTS THEY HAVE WITH COLLEGIATE SCHOOL. BY SIGNING, THEY ACKNOWLEDGE THAT THEY HAVE RECEIVED A COPY OF THE SCHOOL'S CODE OF BUSINESS ETHICS FOR TRUSTEES AND THE SCHOOL'S POLICY STATEMENT OF CONFLICTS OF INTEREST. THE STATEMENTS ARE KEPT ON FILE WITH BOTH THE BOARD ASSISTANT SECRETARY AND THE BUSINESS OFFICE AND ARE REFERRED TO THROUGHOUT THE YEAR AS NEEDED. THE FOLLOWING IS AN EXCERPT FROM COLLEGIATE SCHOOL'S BOARD OF TRUSTEES CONFLICT OF INTEREST POLICY: " TRUSTEES SHOULD CONDUCT THEMSELVES IN AN HONEST AND ETHICAL MANNER AND AVOID ANY ACTUAL OR APPARENT CONFLICT OF INTEREST. A CONFLICT OF INTEREST OCCURS WHEN A TRUSTEE (OR A FAMILY MEMBER) HAS A FINANCIAL OR OTHER PERSONAL INTEREST THAT MIGHT REASONABLY INTERFERE IN ANY WAY WITH THE INTERESTS OF THE SCHOOL, IMPROPERLY INFLUENCE THE TRUSTEE'S JUDGEMENT OR OTHERWISE MAKE IT DIFFICULT FOR THE TRUSTEE TO PERFORM HIS OR HER DUTIES TO THE SCHOOL OBJECTIVELY AND EFFECTIVELY. WHENEVER A CONFLICT OF INTEREST ARISES (WHETHER ACTUAL OR APPARENT), A TRUSTEE MUST FULLY INFORM THE BOARD OF THE CONFLICT AND RECUSE HIMSELF OR HERSELF FROM ANY BOARD AND COMMITTEE DELIBERATIONS AND DECISIONS RELATING TO THE MATTER. TRUSTEES SHOULD ALSO ACT AT ALL TIMES IN ACCORDANCE WITH THE SCHOOL'S FORMAL, WRITTEN POLICY STATEMENT ON CONFLICTS OF INTEREST." FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES, WHICH IS COMPRISED OF THE CURRENT AND PAST CHAIRS, THE VICE-CHAIR, AND TWO TRUSTEES AT LARGE APPOINTED BY THE CHAIR ARE CHARGED WITH REVIEWING THE PERFORMANCE AND ESTABLISHING COMPENSATION LEVELS FOR THE HEAD OF SCHOOL. THE PROCESS BEGINS WITH A SET OF ANNUAL GOALS DEVELOPED BY THE HEAD OF SCHOOL AND THE FULL BOARD. TO BEGIN THE PERFORMANCE REVIEW DISCUSSION, THE COMMITTEE SOLICITS FEEDBACK FROM THE BOARD ON HOW WELL THOSE GOALS HAVE BEEN MET. AS PART OF ITS COMPENSATION CONSIDERATIONS, THE COMMITTEE REVIEWS THE INDEX (INDEPENDENT DATA EXCHANGE) REPORT ON THE SALARIES AND TOTAL COMPENSATION FOR HEADS OF SCHOOLS. THE INDEX BENCHMARKING GROUP CONSISTS OF A VARIETY OF JK-12 CO-EDUCATIONAL DAY SCHOOLS ACROSS THE NATION WITH SIMILAR MISSIONS TO COLLEGIATE SCHOOL. THE COMMITTEE ALSO REVIEWS ANY OTHER COMPARISONS THAT MAY BE AVAILABLE AT THAT TIME. THE COMMITTEE'S PROCESS AND DECISIONS ARE COMMUNICATED TO THE CHIEF FINANCIAL OFFICER/CHIEF OPERATING OFFICER AND ARE DOCUMENTED IN THE COMMITTEE MINUTES. IN ADDITION, THE COMMITTEE WILL ENGAGE PROFESSIONAL SERVICES TO ESTABLISH A REBUTTABLE PRESUMPTION OF REASONABLENESS ON COMPENSATION FOR DISQUALIFIED PERSONS. WITH RESPECT TO THE COMPENSATION OF OTHER KEY EMPLOYEES, THE SCHOOL USES LOCAL PUBLIC SCHOOLS, POSITION SPECIFIC MARKET AND NATIONAL BENCHMARKING DATA OF LIKE INDEPENDENT SCHOOLS, INCLUDING COMPENSATION SURVEYS. THE SALARIES ARE DETERMINED BASED ON THIS DATA, IN ADDITION TO JOB DUTIES AND RESPONSIBILITIES, EXPERTISE, AND THE MARKET FOR THOSE SKILLS AND EXPERTISE ARE COMPENSATION FACTORS AS WELL. FORM 990, PART VI, SECTION C, LINE 19 THE SCHOOL'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE GENERALLY NOT AVAILABLE TO THE PUBLIC, ALTHOUGH ITS ARTICLES OF INCORPORATION ARE PUBLICLY AVAILABLE THROUGH THE VIRGINIA STATE CORPORATION COMMISSION'S WEBSITE. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS -5,936. CHANGE IN BENEFIT PLAN OBLIGATION -3,919. CHANGE IN AMOUNT HELD FOR OTHERS 105,777.