2023-04-18T14:53:56-05:00 2022-06-30 871353108 EISNER ADVISORY GROUP LLC 733 THIRD AVENUE NEW YORK NY 100172703 990 2021-07-01 131623915 THE BREARLEY SCHOOL BREA 2125708579 610 EAST 83RD STREET NEW YORK NY 10028 RAHUL TRIPATHI CFO/COO 2125708567 2023-04-18 1 RAHUL TRIPATHI 999009999 CANDICE METH P01306891 2129498700 0 AAL1 IAL1 2021 2023-04-26 12:10:37Z JANE FOLEY FRIED 610 EAST 83RD STREET NEW YORK NY 10028 117182549 0 X WWW.BREARLEY.ORG X 1884 NY THE BREARLEY SCHOOL IS A PRIVATE EDUCATIONAL INSTITUTION IN NEW YORK CITY THAT PROVIDES A QUALITYEDUCATION TO GIRLS IN GRADES K-12. 23 23 334 125 81603 79853 8144835 10884372 41662382 43895927 4591374 9097470 279010 383374 54677601 64261143 6867218 7479999 0 0 31292868 30336856 0 0 2049333 16067707 15694346 54227793 53511201 449808 10749942 371332515 343264245 75735618 77828700 295596897 265435545 THE BREARLEY SCHOOL IS A PRIVATE EDUCATIONAL INSTITUTION IN NEW YORK CITY THAT PROVIDES A QUALITY EDUCATION TO GIRLS IN GRADES K-12. 0 0 35130188 7479999 43895927 THE BREARLEY SCHOOL CHALLENGES GIRLS OF ADVENTUROUS INTELLECT TO THINK CRITICALLY AND CREATIVELY AND PREPARES THEM FOR ACTIVE, RESPONSIBLE CITIZENSHIP IN A DEMOCRATIC SOCIETY. WITHIN A DIVERSE COMMUNITY AND IN PARTNERSHIP WITH DEDICATED FACULTY WHO TEACH ACROSS THREE DIVISIONS, STUDENTS IN CLASSES K THROUGH XII DEVELOP A COMMAND OF MANY DISCIPLINES AND A LOVE OF LEARNING THROUGH THE PASSIONATE EXCHANGE OF IDEAS. ENCOURAGING GIRLS TO BALANCE INDIVIDUALITY AND COLLABORATION FURTHER PROMOTES THE INTEGRITY ESSENTIAL TO PRINCIPLED ENGAGEMENT IN THE WORLD. 35130188 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 0 1 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 1 0 0 0 1 100 0 1 334 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 23 23 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X RAHUL TRIPATHI 2125708567 610 EAST 83RD STREET NEW YORK NY 10028 MODUPE AKINOLA ROBINSON PRESIDENT 10.00 1.00 X X 0 0 0 JOCELYN STRAUBER SECRETARY 5.00 0.00 X X 0 0 0 DAVID B PHILIP SENIOR VICE PRESIDENT 5.00 0.00 X X 0 0 0 TARA ABRAHAMS TRUSTEE 2.00 0.00 X 0 0 0 GIDEON BERGER TRUSTEE 5.00 0.00 X 0 0 0 ELIZABETH R CHANDLER TRUSTEE 2.00 0.00 X 0 0 0 RANIKA COHEN TRUSTEE 2.00 0.00 X 0 0 0 JOE DIMENNA TRUSTEE 2.00 0.00 X 0 0 0 AMINA ELDERFIELD TRUSTEE 2.00 0.00 X 0 0 0 TOM FARRELL TRUSTEE 2.00 0.00 X 0 0 0 MARTHA HAAKMAT TRUSTEE 2.00 0.00 X 0 0 0 REBECCA HAILE TRUSTEE 2.00 0.00 X 0 0 0 MUNIB ISLAM TREASURER; INVESTMENT 5.00 1.00 X X 0 0 0 SUE MENG TRUSTEE 2.00 0.00 X 0 0 0 DAVID RASO TRUSTEE 2.00 0.00 X 0 0 0 PAM SELIN TRUSTEE 2.00 0.00 X 0 0 0 SIDAYA SHERWOOD TRUSTEE 2.00 0.00 X 0 0 0 BILL SHUTZER TRUSTEE 2.00 0.00 X 0 0 0 LITA TANDON TRUSTEE 2.00 0.00 X 0 0 0 OLIVIA WASSENAAR TRUSTEE 2.00 0.00 X 0 0 0 LAUREN WASSON TRUSTEE 2.00 0.00 X 0 0 0 ALAN YAN TRUSTEE 2.00 0.00 X 0 0 0 SUSAN BERRESFORD VICE PRESIDENT 5.00 0.00 X X 0 0 0 JANE FOLEY FRIED HEAD OF SCHOOL 40.00 1.00 X 903372 0 143434 RAHUL TRIPATHI CFO/COO 40.00 0.00 X 488724 0 107727 ANNE BERGEN DIRECTOR OF DEVELOPMENT (UNTIL 1/31/22) 40.00 0.00 X 317824 0 36360 PHOEBE GEER DIRECTOR OF DEVELOPMENT (AS OF 2/1/22) 40.00 0.00 X 160176 0 16342 CAROLYN CLARK DIRECTOR OF COLLEGE ADVISING 40.00 0.00 X 240091 0 28394 DORIS COLEMAN DIRECTOR OF FACILITIES 40.00 0.00 X 228222 0 55998 JAMES E MULKIN ASST. HEAD FOR ACADEMIC LI 40.00 0.00 X 289834 0 50069 COLIN SAMUEL CHIEF TECHNOLOGY OFFICER 40.00 0.00 X 213980 0 42917 MARIA-ANNA ZIMMERMANN HEAD OF LOWER SCHOOL 40.00 0.00 X 244408 0 45977 3086631 0 527218 72 0 1 0 EW HOWELL 245 NEWTOWN ROAD SUITE 600 PLAINVIEW NY 11803 CONSTRUCTION MANAGEMENT 654357 CAMBRIDGE ASSOCIATES 437 MADISON AVENUE 39TH FLOOR NEW YORK NY 10022 INVESTMENT MANAGEMENT 331354 SELECT EQUITY GROUP 380 LAFAYETTE STREET NEW YORK NY 10003 INVESTMENT ADVISORY SERVICES 213487 QUILTED PARTNERS 10 BAYFEILD RD 4 QUINCY MA 02171 ORGANIZATIONAL LEARNING SERVICES 153975 COLLIERS INTERNATIONAL 331 NEWMAN SPRINGS RD SUITE 203 RED BANK NJ 07731 CONSTRUCTION MANAGEMENT 140425 6 565393 359225 9959754 307128 10884372 TUITION AND FEES 611710 43895927 43895927 43895927 575431 575431 301771 0 301771 301771 301771 61201169 52679130 8522039 8522039 8522039 242276 565393 242276 0 PASS-THRU K-1 INVESTMENT INCOME 525990 81603 81603 81603 64261143 43895927 81603 9399241 7479999 7479999 2197876 1626428 461554 109894 22714003 16808362 4769941 1135700 1994676 1476060 418882 99734 1735632 1284368 364482 86782 1694669 1258834 356470 79365 53162 53162 125374 125374 547658 547658 988251 125619 772201 90431 1651726 1479411 172315 686445 149864 536581 411724 357899 53825 358635 270997 80561 7077 144636 126740 13701 4195 1456593 1456593 3817308 2835573 802963 178772 663145 663145 REPAIRS AND MAINTENANCE 1385095 1385095 SUPPLIES AND COVID RELA 1114894 163260 948022 3612 OTHER INSTRUCTIONAL AND 960358 878902 81456 FOOD SERVICE 722862 722862 606480 443323 163157 53511201 35130188 16331680 2049333 2000 1500 35310479 38157107 6025876 6661512 586887 150496 1586287 1578039 199481019 46736275 153569402 152744744 56190195 45071537 117565190 98604524 496199 294786 371332515 343264245 5947526 6274688 18959983 20227337 48891573 48937281 1936536 2389394 75735618 77828700 X 211390307 189650152 84206590 75785393 295596897 265435545 371332515 343264245 X 10749942 -38133212 -2778082 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 75731813 811543 -9132083 1820733 65590540 61896393 1541763 14532239 2238582 75731813 62966991 286715 763484 2120797 61896393 62661772 412715 2015188 2122684 62966991 60444440 1121300 3386936 373788 1917116 62661772 0.83000 0.17000 0 0 28052870 28052870 134649177 23777403 110871774 20520252 15136525 5383727 9733536 7822347 1911189 6525184 6525184 152744744 LIMITED PARTNERSHIPS AND LLC 38297572 F HEDGE FUNDS 2995179 F OFFSHORE HEDGE FUNDS 57311773 F 98604524 AGENCY FUNDS 2389394 2389394 X 15600955 -38133212 -2499319 -40632531 56233486 547658 7479999 8027657 64261143 45762307 278763 278763 45483544 547658 7479999 8027657 53511201 PART V, LINE 4: THE ENDOWMENT CONSISTS OF 157 INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES SUCH AS SCHOLARSHIP, CAPITAL IMPROVEMENT, ETC., DESIGNATED BY DONORS TO BE RESTRICTED IN PERPETUITY. PART X, LINE 2: THE SCHOOL IS SUBJECT TO THE PROVISIONS OF THE FINANCIAL ACCOUNTING STANDARDS BOARD'S (THE "FASB") ACCOUNTING STANDARDS CODIFICATION ("ASC") TOPIC 740, INCOME TAXES, AS IT RELATES TO ACCOUNTING AND REPORTING FOR UNCERTAINTY IN INCOME TAXES. FOR THE SCHOOL, THESE PROVISIONS COULD BE APPLICABLE TO THE INCURRENCE OF UNRELATED BUSINESS INCOME TAX ATTRIBUTABLE TO ITS PASS-THRU INCOME GENERATED BY ITS LIMITED PARTNERSHIP INVESTMENTS; BECAUSE THE SCHOOL HAS ALWAYS RECOGNIZED THE LIABILITY RELATED TO THIS UNRELATED BUSINESS INCOME AND BECAUSE OF THE SCHOOL'S GENERAL TAX-EXEMPT STATUS, MANAGEMENT BELIEVES THAT ASC TOPIC 740 HAS NOT HAD, AND IS NOT EXPECTED TO HAVE, A MATERIAL IMPACT ON THE SCHOOL'S CONSOLIDATED FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF SPLIT INTEREST AGREEMENT -201,413. CHANGE IN POST-RETIREMENT BENEFITS - OTHER THAN PERIODIC COSTS -2,297,906. PART XI, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS NETTED AGAINST REVENUE 7,479,999. PART XII, LINE 2D - OTHER ADJUSTMENTS: LOSS ON UNCOLLECTIBLE ACCOUNTS 278,763. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS NETTED AGAINST REVENUE 7,479,999. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE SCHOOL PUBLISHES ITS NONDISCRIMINATION POLICY IN VARIOUS PRINT AND ELECTRONIC PUBLICATIONS. SCHEDULE E, PART I, LINE 6 THE SCHOOL RECEIVES FUNDS FROM THE NEW YORK STATE DEPARTMENT OF EDUCATION FOR THE PERFORMANCE OF MANDATED SERVICES. CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENTS 52263583 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 INVESTMENTS 5048190 0 0 0 0 0 0 57311773 0 57311773 1 0 0 0 0 0 PART I, LINE 3: AMOUNTS REPORTED USING THE ACCRUAL METHOD OF ACCOUNTING. PART III ACCOUNTING METHOD: 2022 BENEFIT 807669 565393 242276 115094 113045 4911 9226 807669 565393 242276 115094 113045 4911 9226 242276 0 1 SCHOLARSHIPS PROVIDED TO STUDENTS 157 7479999 FMV TUITION REDUCTION PART I, LINE 2 FAMILIES WHO REQUEST FINANCIAL ASSISTANCE ARE ASKED TO COMPLETE A PARENTS FINANCIAL STATEMENT (PFS) AND SEND IT TO THE SCHOOL AND STUDENT SERVICE FOR FINANCIAL AID (SSS), AN AFFILIATE OF THE NATIONAL ASSOCIATION OF INDEPENDENT SCHOOLS (NAIS). SSS IS A NATIONWIDE SERVICE THAT ASSISTS THE BREARLEY SCHOOL (AND OTHER INDEPENDENT SCHOOLS) IN PROCESSING REQUESTS FOR FINANCIAL ASSISTANCE. SSS PROVIDES ANALYSES TO ENABLE SCHOOLS TO MAKE CONSISTENT DECISIONS, ALTHOUGH THE ULTIMATE ASSESSMENT OF NEED RESTS WITH THE BREARLEY SCHOOL. PARENTS ARE ALSO ASKED TO SUBMIT FEDERAL TAX RETURNS WITH ALL SCHEDULES AND, IF APPLICABLE, BUSINESS TAX RETURNS AND OTHER SUPPORTING DOCUMENTS. ALL FINANCIAL INFORMATION AND ALL FINANCIAL ASSISTANCE DECISIONS ARE STRICTLY CONFIDENTIAL. SCHOLARSHIPS ARE APPLIED DIRECTLY TO AN AWARDED STUDENT'S ACCOUNT IN THE FORM OF A TUITION REDUCTION. X X 0 0 X X X X X X 0 1 0 0 0 0 0 1 0 JANE FOLEY FRIED HEAD OF SCHOOL 810872 0 87500 0 5000 0 55615 0 87819 0 1046806 0 0 0 RAHUL TRIPATHI CFO/COO 445724 0 0 0 43000 0 93860 0 13867 0 596451 0 0 0 ANNE BERGEN DIRECTOR OF DEVELOPMENT (UNTIL 1/31/ 312824 0 0 0 5000 0 36360 0 0 0 354184 0 0 0 JAMES E MULKIN ASST. HEAD FOR ACADEMIC LI 284834 0 0 0 5000 0 36202 0 13867 0 339903 0 0 0 MARIA-ANNA ZIMMERMANN HEAD OF LOWER SCHOOL 239408 0 0 0 5000 0 29609 0 16368 0 290385 0 0 0 DORIS COLEMAN DIRECTOR OF FACILITIES 223222 0 0 0 5000 0 28836 0 27162 0 284220 0 0 0 CAROLYN CLARK DIRECTOR OF COLLEGE ADVISING 235091 0 0 0 5000 0 28394 0 0 0 268485 0 0 0 COLIN SAMUEL CHIEF TECHNOLOGY OFFICER 208980 0 0 0 5000 0 24565 0 18352 0 256897 0 0 0 PHOEBE GEER DIRECTOR OF DEVELOPMENT (AS OF 2/1/2 155176 0 0 0 5000 0 16342 0 0 0 176518 0 0 0 PART I, LINE 1A UNDER THE TERMS OF THE HEAD OF SCHOOL'S EMPLOYMENT AGREEMENT, SHE IS REQUIRED TO RESIDE IN A SCHOOL OWNED APARTMENT; AS SUCH, PERSONAL USE OF THE PROPERTY MAY OCCUR. THE SCHOOL PAYS FOR A CLEANING SERVICE, AS NEEDED. PART I, LINE 4B THE SCHOOL MAINTAINS A SUPPLEMENTAL RETIREMENT PLAN (THE "PLAN") FOR ITS ELIGIBLE EMPLOYEES. UNDER THE TERMS OF THE PLAN, THE SCHOOL CONTRIBUTES AMOUNTS ON BEHALF OF ELIGIBLE EMPLOYEES, AND SUCH ELIGIBLE EMPLOYEES MAY ALSO ELECT TO CONTRIBUTE TO THE PLAN. DURING CALENDAR 2021, THE SCHOOL CONTRIBUTED $38,000 TO THE PLAN. PART I, LINE 7 THE HEAD OF SCHOOL WAS PAID 25% OF SIX MONTHS OF THE 2018-19 BASE SALARY IN LIEU OF TAKING A SABBATICAL. THE COMPENSATION OF OTHER OFFICERS AND KEY EMPLOYEES OF THE SCHOOL IS DETERMINED THROUGH A REVIEW OF DATA FROM COMPARABLE EDUCATIONAL INSTITUTIONS AND REVIEWED AND APPROVED BY THE BOARD OF TRUSTEES AS A PART OF THE OVERALL BUDGET PROCESS. A BUILD NYC RESOURCE CORPORATION 454040561 2015-09-29 50000000 THE BREARLEY SCHOOL PROJECT 0 0 0 A 50000000 964408 33218127 15817465 0 0 0 1 A 0 0 0 0 0 0 1 A 0 0 0 0 0 0 0 0 1 A 1 X 4 307128 PUBLISHED MARKET QUOTES 0 1 1 PART I, COLUMN (B): THE AMOUNTS NOTED IN COLUMN B REPRESENT THE TOTAL NUMBER OF CONTRIBUTIONS. PART I, LINE 32B: THE BROKERS HIRED BY THE SCHOOL SELL THE DONATED STOCKS UPON RECEIPT AND APPROVAL BY THE CFO. FORM 990, PART VI, SECTION B, LINE 11B THE MANAGEMENT OF THE SCHOOL REVIEWS THE DRAFT OF THE FORM 990. UPON ITS SATISFACTION, THE GOVERNING BODY HAS DESIGNATED ITS AUDIT COMMITTEE WITH THE RESPONSIBILITY OF REVIEWING THE FORM 990 AND REPORTING ITS REVIEW TO THE MEMBERS OF THE EXECUTIVE COMMITEE OF THE BOARD FOR APPROVAL. THE APPROVED VERSION OF THE FORM 990 IS DISTRIBUTED TO THE BOARD OF TRUSTEES PRIOR TO ITS FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C EACH MEMBER OF THE BOARD OF TRUSTEES AND KEY MEMBERS OF MANAGEMENT ARE REQUIRED TO SIGN AN ACKNOWLEDGEMENT OF COMPLIANCE WITH THE SCHOOL'S CONFLICT-OF-INTEREST POLICY AND TO REPORT ANY POTENTIAL CONFLICTS ON AN ANNUAL BASIS. THIS DOCUMENT IS SIGNED AT THE FIRST BOARD MEETING OF EACH YEAR. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION OF THE HEAD OF SCHOOL IS DETERMINED BY THE BOARD OF TRUSTEES USING COMPARABILITY DATA COLLECTED AND KEPT BY AN INDEPENDENT CONSULTANT. THE COMPENSATION OF OTHER OFFICERS AND KEY EMPLOYEES OF THE SCHOOL IS DETERMINED THROUGH A REVIEW OF DATA FROM COMPARABLE EDUCATIONAL INSTITUTIONS AND REVIEWED AND APPROVED BY THE BOARD OF TRUSTEES AS A PART OF THE OVERALL BUDGET PROCESS. FORM 990, PART VI, SECTION C, LINE 19 THE BREARLEY SCHOOL'S GOVERNING DOCUMENTS AND FINANCIAL INFORMATION, WITH THE EXCEPTION OF ITS FEDERAL FORM 990, ARE NOT AVAILABLE TO THE PUBLIC. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS -201,413. CHANGE IN VALUE OF POST-RETIREMENT BENEFITS - OTHER THAN PERIODIC COSTS -2,297,906. LOSS ON UNCOLLECTIBLE ACCOUNTS -278,763. FRIENDS OF BREARLEY INC 610 EAST 83RD STREET NEW YORK NY 10028 134088238 CHARITABLE DE 501(C)(3) LINE 12A, I BREARLEY 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0