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BRUNSWICK SCHOOL INC: Form 990, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
BRUNSWICK SCHOOL INC (EIN 06-0646562)
Tax period
2023-07-01 to 2024-06-30
Filed
2025-05-15
IRS object ID
202521359349317057
Schema version
2023v6.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2025-05-15T18:13:21-05:00ReturnTs
Tax Period End2024-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN331374517PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1PKF O'CONNOR DAVIES ADVISORY LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1245 PARK AVENUE 12TH FLOORAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10167ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2023-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN060646562EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1BRUNSWICK SCHOOL INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlBRUNBusinessNameControlTxt
Phone2036255800PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1100 MAHER AVENUEAddressLine1Txt
CityGREENWICHCityNm
State AbbreviationCTStateAbbreviationCd
ZIP068305618ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonKATHLEEN HARRINGTONPersonNm
Person TitleCHIEF FINANCIAL OFFICERPersonTitleTxt
Phone2036255800PhoneNum
Signature2025-05-15SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (1)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonMELISSA MODELSONPreparerPersonNm
PTINP01603524PTIN
Phone2122862600PhoneNum
Preparation2025-05-15PreparationDt
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerTHOMAS W PHILIPPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1100 MAHER AVENUEAddressLine1Txt
CityGREENWICHCityNm
State AbbreviationCTStateAbbreviationCd
ZIP068305618ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$118,289,637GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.BRUNSWICKSCHOOL.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1932FormationYr
Legal Domicile StateCTLegalDomicileStateCd
Activity Or MissionBRUNSWICK IS AN INDEPENDENT COLLEGE-PREPARATORY DAY SCHOOL FOR BOYS IN GRADES PRE-K THROUGH 12. STUDENTS SUCCEED BY ANNUALLY ADVANCING MATRICULATION, CULMINATING WITH A 100% PLACEMENT RECORD FOR SENIOR BOYS AT NATIONALLY RECOGNIZED, HIGHLY COMPETITIVE COLLEGES AND UNIVERSITIES. BRUNSWICK SCHOOL HOLDS LONG-STANDING ACCREDITATION BY THE NEW ENGLAND ASSOCIATION OF SCHOOLS AND COLLEGES.ActivityOrMissionDesc
Voting Members Governing Body30VotingMembersGoverningBodyCnt
Voting Members Independent30VotingMembersIndependentCnt
Total Employee448TotalEmployeeCnt
Total Volunteers300TotalVolunteersCnt
Total Gross UBI-$28,507TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$22,733,986PYContributionsGrantsAmt
CY Contributions Grants$22,799,057CYContributionsGrantsAmt
PY Program Service Revenue$50,861,973PYProgramServiceRevenueAmt
CY Program Service Revenue$54,839,006CYProgramServiceRevenueAmt
PY Investment Income$3,023,213PYInvestmentIncomeAmt
CY Investment Income$11,801,499CYInvestmentIncomeAmt
PY Other Revenue$373,613PYOtherRevenueAmt
CY Other Revenue$708,279CYOtherRevenueAmt
PY Total Revenue$76,992,785PYTotalRevenueAmt
CY Total Revenue$90,147,841CYTotalRevenueAmt
PY Grants And Similar Paid$9,145,095PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$9,646,487CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$35,440,984PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$38,398,329CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$4,024,414CYTotalFundraisingExpenseAmt
PY Other Expenses$21,806,590PYOtherExpensesAmt
CY Other Expenses$22,724,432CYOtherExpensesAmt
PY Total Expenses$66,392,669PYTotalExpensesAmt
CY Total Expenses$70,769,248CYTotalExpensesAmt
PY Revenues Less Expenses$10,600,116PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$19,378,593CYRevenuesLessExpensesAmt
Total Assets BOY$424,643,938TotalAssetsBOYAmt
Total Assets EOY$483,518,284TotalAssetsEOYAmt
Total Liabilities BOY$55,617,807TotalLiabilitiesBOYAmt
Total Liabilities EOY$87,175,459TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$369,026,131NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$396,342,825NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionBRUNSWICK SCHOOL, INC. IS A DAY SCHOOL FOR BOYS IN PRE-KINDERGARTEN THROUGH TWELFTH GRADE. THE PURPOSE OF THE SCHOOL IS TO EDUCATE THE "WHOLE BOY". IT DOES SO BY HELPING BOYS AND YOUNG MEN - WITHOUT REGARD TO CULTURE, ETHNICITY OR RELIGION - ACQUIRE THE PERSONAL, INTELLECTUAL AND PHYSICAL TRAINING THAT WILL BEST ENABLE THEM TO GROW INTO RESPONSIBLE ADULTS WHO CAN MAKE SIGNIFICANT AND LASTING CONTRIBUTIONS TO SOCIETY. SINCE 1902, BRUNSWICK SCHOOL HAS BEEN, IN THE WORDS OF GEORGE CARMICHAEL, ITS FOUNDER, "ABLY AND GENEROUSLY PREPARING BOYS FOR LIFE."MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$45,982,030ExpenseAmt
Grant$9,646,487GrantAmt
Revenue$50,076,306RevenueAmt
DescEDUCATION PROGRAM EXPENSES SUPPORT THE OVER 1,000 STUDENTS WHO MATRICULATED FROM PRE-KINDERGARTEN THROUGH GRADE 12 DURING THE YEAR. OUR STUDENTS LEARN AT OUR CENTRAL GREENWICH CAMPUS ALONG WITH TWO MORE SUBURBAN GREENWICH CAMPUSES. OVER 250 FACULTY, ADMINISTRATORS AND SCHOOL STAFF SUPPORT THE EDUCATION OF THE WHOLE BOY IN KEEPING WITH THE SCHOOL'S PURPOSE.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$6,325,836ExpenseAmt
Grant$0GrantAmt
Revenue$0RevenueAmt
DescATHLETICS ARE AN ESSENTIAL PART OF THE SCHOOL'S MISSION OF EDUCATING THE WHOLE BOY AND ALL OF OUR BOYS PARTICIPATE IN ATHLETIC AND GOOD SPORTSMANSHIP ENDEAVORS DURING THE ACADEMIC DAY. BOYS IN GRADES 7 AND ABOVE PARTICIPATE IN INTERSCHOLASTIC COMPETITIONS AFTER-SCHOOL. FITNESS AND MANY SPORTS ARE SUPPORTED AT THE SUBURBAN GREENWICH CAMPUSES, WHICH INCLUDE A HOCKEY RINK, A NATATORIUM, A SQUASH FACILITY, TENNIS COURTS, A TRACK AND FIELD FACILITY AND INDOOR GYMS AND MANY NATURAL GRASS AND SYNTHETIC FIELDS WITH ORGANIC INFILL. A BOATHOUSE THAT SUPPORTS THE SCHOOL'S CREW PROGRAM IS SITUATED ALONG THE BYRAM RIVER IN GREENWICH. THE SAILING PROGRAM IS RUN ALONG THE LONG-ISLAND SOUND.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$5,237,790ExpenseAmt
Grant$0GrantAmt
Revenue$5,237,790RevenueAmt
DescSTUDENT SERVICES INCLUDE THE EFFORTS MADE BY THE FOLLOWING DEPARTMENTS: COLLEGE GUIDANCE, HEALTH AND WELLNESS, EXPERIENTIAL LEARNING, AFTER-SCHOOL AND SUMMER PROGRAMMING, STUDENT TRANSPORTATION AND THE BOOKSTORE. THESE DEPARTMENTS COMPLETE AND SUPPORT THE LEARNING OUTSIDE THE TRADITIONAL CLASSROOM AND BEYOND THE ACADEMIC YEAR. FACULTY ALONG WITH OTHER PROFESSIONALS ENCOURAGE AND PROVIDE OPPORTUNITIES FOR BRUNSWICK BOYS TO DEVELOP THE CREATIVE AND INDEPENDENT QUALITIES OF MIND NECESSARY FOR INTELLECTUAL MATURITY AND INCREASED SELF-CONFIDENCE.Desc
FieldValueIRS element (for citing)
Total Program Service Expenses$57,545,656TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi EndowmentsYes (1)DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other SecYes (1)ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School OperatingYes (1)SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign ActivitiesYes (1)ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising ActivitiesYes (1)FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To IndividualsYes (1)GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt BondsYes (1)TaxExemptBondsInd
Invest Tax Exempt Bonds0InvestTaxExemptBondsInd
Escrow Account0EscrowAccountInd
On Behalf Of Issuer0OnBehalfOfIssuerInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam MemYes (1)BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash ContriYes (1)DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded EntityYes (1)DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document172IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee448EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitYes (1)UnrelatedBusIncmOverLimitInd
Form990 T FiledYes (1)Form990TFiledInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo ContributionsYes (1)QuidProQuoContributionsInd
Quid Pro Quo Contri DisclYes (1)QuidProQuoContriDisclInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht PymtYes (1)SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members30GoverningBodyVotingMembersCnt
Independent Voting Member30IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldCAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldILStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNHStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNYStatesWhereCopyOfReturnIsFldCd
Other WebsiteYes (X)OtherWebsiteInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1KATHLEEN F HARRINGTON CFOBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone2036255800PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1100 MAHER AVENUEAddressLine1Txt
CityGREENWICHCityNm
State AbbreviationCTStateAbbreviationCd
ZIP06830ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (38 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtKey EmployeeKeyEmployeeIndHighest Compensated EmployeeHighestCompensatedEmployeeInd
MR W ROBERT BERKLEY JR
CHAIRMAN8.00Yes (X)Yes (X)$0$0$0
MS NISHA KUMAR BEHRINGER
TREASURER4.00Yes (X)Yes (X)$0$0$0
MR B CORT DELANY
SECRETARY4.00Yes (X)Yes (X)$0$0$0
MRS KIMBERLEY C AUGUSTINE
TRUSTEE2.00Yes (X)$0$0$0
MR JOSYL L BARCHUE
TRUSTEE2.00Yes (X)$0$0$0
MR RAYMOND J BARTOSZEK
TRUSTEE2.00Yes (X)$0$0$0
MR PETER P BEVACQUA
TRUSTEE2.00Yes (X)$0$0$0
MR TODD L BOEHLY
TRUSTEE2.00Yes (X)$0$0$0
MR SEAN D CARNEY
TRUSTEE2.00Yes (X)$0$0$0
MR CHRISTOPHER L COLLINS
TRUSTEE2.00Yes (X)$0$0$0
MR R WILLETT COOK
TRUSTEE2.00Yes (X)$0$0$0
MR SCOTT A DAHNKE
TRUSTEE2.00Yes (X)$0$0$0
MR ALBERTO J DELGADO
TRUSTEE2.00Yes (X)$0$0$0
MR ADAM B DOLDER
TRUSTEE2.00Yes (X)$0$0$0
MS COLLEEN M FERGUSON
TRUSTEE2.00Yes (X)$0$0$0
MR PATRICK J FELS
TRUSTEE2.00Yes (X)$0$0$0
MRS LESLIE F FOLEY
TRUSTEE2.00Yes (X)$0$0$0
MS DARBY B FOX
TRUSTEE2.00Yes (X)$0$0$0
MR BRANDON P HALL
TRUSTEE2.00Yes (X)$0$0$0
MRS PAMELA K KELLER
TRUSTEE2.00Yes (X)$0$0$0
MRS JENNIFER A KLEIN
TRUSTEE2.00Yes (X)$0$0$0
MRS ANGELA M MICHALIK
TRUSTEE2.00Yes (X)$0$0$0
MR AMERICO C NARDIS
TRUSTEE2.00Yes (X)$0$0$0
MR TIMOTHY P O'HARA
TRUSTEE2.00Yes (X)$0$0$0
MR KEITH A PAGNANI
TRUSTEE2.00Yes (X)$0$0$0
MR JOHN S PAVELSKI
TRUSTEE2.00Yes (X)$0$0$0
MR JAMES H RITMAN
TRUSTEE2.00Yes (X)$0$0$0
MS WENDY E SACHS
TRUSTEE2.00Yes (X)$0$0$0
MRS CARRIE REILLY WALSH
TRUSTEE2.00Yes (X)$0$0$0
DR THOMAS B WILSON
TRUSTEE2.00Yes (X)$0$0$0
MR THOMAS W PHILIP
HEAD OF SCHOOL70.00Yes (X)$1,336,940$0$638,974
MS KATHLEEN HARRINGTON
CHIEF FINANCIAL OFFICER65.00Yes (X)$861,944$0$175,615
MR THOMAS MURRAY
CHIEF ADVANCEMENT OFFICER55.00$340,030$0$75,938Yes (X)
MR DAVID BRUCE DIR OF MS
ADMISSION & DIR. OF FIN. AID40.00$240,224$0$144,662Yes (X)
MR AARON MONTGOMERY
MATH TEACHER & SWIM PROGRAM40.00$220,317$0$59,520Yes (X)
MR T MICHAEL ALLWOOD
MATH DEPARTMENT CHAIR40.00$227,815$0$53,715Yes (X)
MR CEDRIC JONES
DIRECTOR OF ATHLETICS40.00$264,603$0$99,536Yes (X)
MR KARL PATRICK ANDREN
CHIEF OPERATING OFFICER40.00$311,313$0$134,514Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$3,803,186TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$1,382,474TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K84IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
FLIK
COMPASS GROUP USA 1 ORCHARD ROADARMONKNY10504FOOD SERVICES$2,614,051
SLAM COLLABORATIVE INC
80 GLASTONBURY BLVDGLASTONBURYCT06033ARCHITECTURE & DESIGN$2,001,424
TURNER CONSTRUCTION CO
6 CORPORATE DRIVE STE 820SHELTONCT06484CONSTRUCTION MANAGEMENT$1,363,319
CORPORATE CLEANING INC
85 PURCHASE STREETRYENY10580CLEANING SERVICES$388,697
OFFIT CAPITAL ADVISORS LLC
485 LEXINGTON AVENUENEW YORKNY10017INVESTMENT MANAGER$385,000
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K26CntrctRcvdGreaterThan100KCnt
Fundraising$368,103FundraisingAmt
All Other Contributions$22,430,954AllOtherContributionsAmt
Noncash Contributions$3,179,273NoncashContributionsAmt
Total Contributions$22,799,057TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (3 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
STUDENT TUITION611710$52,848,850$52,848,850
SUMMER & AFTER SCHOOL PROGRAMS611710$1,376,499$1,376,499
STUDENT ACTIVITY FEES611710$613,657$613,657
FieldValueIRS element (for citing)
Total Program Service Revenue$54,839,006TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$4,304,403TotalRevenueColumnAmt
Unrelated Business Revenue-$28,506UnrelatedBusinessRevenueAmt
Exclusion$4,332,909ExclusionAmt

Gross Rents GrossRentsGrp

FieldValueIRS element (for citing)
Real$1,180,069RealAmt

Less Rental Expenses LessRentalExpensesGrp

FieldValueIRS element (for citing)
Real$1,291,134RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real-$111,065RealAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column-$111,065TotalRevenueColumnAmt
Exclusion-$111,065ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$33,040,524SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$25,543,428SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$7,497,096SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$7,497,096TotalRevenueColumnAmt
Unrelated Business Revenue-$1UnrelatedBusinessRevenueAmt
Exclusion$7,497,097ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$948,237FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event$368,103ContriRptFundraisingEventAmt
Fundraising Direct Expenses$628,369FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column$319,868TotalRevenueColumnAmt
Exclusion$319,868ExclusionAmt
FieldValueIRS element (for citing)
Gross Sales Of Inventory$1,153,955GrossSalesOfInventoryAmt
Cost Of Goods Sold$678,865CostOfGoodsSoldAmt

Net Income Or Loss NetIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$475,090TotalRevenueColumnAmt
Related Or Exempt Func Income$475,090RelatedOrExemptFuncIncomeAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescOTHER REVENUEDesc
Business900099BusinessCd
Total Revenue Column$24,386TotalRevenueColumnAmt
Exclusion$24,386ExclusionAmt
FieldValueIRS element (for citing)
Other Revenue Total$24,386OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$90,147,841TotalRevenueColumnAmt
Related Or Exempt Func Income$55,314,096RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue-$28,507UnrelatedBusinessRevenueAmt
Exclusion$12,063,195ExclusionAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$9,646,487TotalAmt
Program Services$9,646,487ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$2,416,675TotalAmt
Program Services$826,327ProgramServicesAmt
Management And General$1,226,324ManagementAndGeneralAmt
Fundraising$364,024FundraisingAmt

Comp Disqual Persons CompDisqualPersonsGrp

FieldValueIRS element (for citing)
Total$157,800TotalAmt
Program Services$121,433ProgramServicesAmt
Management And General$25,180ManagementAndGeneralAmt
Fundraising$11,187FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$27,489,306TotalAmt
Program Services$22,138,976ProgramServicesAmt
Management And General$3,585,091ManagementAndGeneralAmt
Fundraising$1,765,239FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$1,921,824TotalAmt
Program Services$1,478,914ProgramServicesAmt
Management And General$306,659ManagementAndGeneralAmt
Fundraising$136,251FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$4,221,383TotalAmt
Program Services$3,296,957ProgramServicesAmt
Management And General$634,178ManagementAndGeneralAmt
Fundraising$290,248FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$2,191,341TotalAmt
Program Services$1,686,318ProgramServicesAmt
Management And General$349,665ManagementAndGeneralAmt
Fundraising$155,358FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$197,888TotalAmt
Management And General$197,888ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$168,492TotalAmt
Program Services$4,375ProgramServicesAmt
Management And General$164,117ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$305,000TotalAmt
Management And General$305,000ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$2,256,666TotalAmt
Program Services$1,093,301ProgramServicesAmt
Management And General$293,741ManagementAndGeneralAmt
Fundraising$869,624FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$38,944TotalAmt
Program Services$23,730ProgramServicesAmt
Fundraising$15,214FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$485,488TotalAmt
Program Services$81,088ProgramServicesAmt
Management And General$315,733ManagementAndGeneralAmt
Fundraising$88,667FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$619,665TotalAmt
Management And General$389,942ManagementAndGeneralAmt
Fundraising$229,723FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$2,945,020TotalAmt
Program Services$2,923,792ProgramServicesAmt
Management And General$17,912ManagementAndGeneralAmt
Fundraising$3,316FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$9,481TotalAmt
Management And General$501ManagementAndGeneralAmt
Fundraising$8,980FundraisingAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$163,242TotalAmt
Program Services$163,242ProgramServicesAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$7,717,483TotalAmt
Program Services$7,455,506ProgramServicesAmt
Management And General$178,372ManagementAndGeneralAmt
Fundraising$83,605FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$758,230TotalAmt
Management And General$758,230ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
BLDG MAINT & CONTRACTS$2,644,247$2,625,187$16,082$2,978
STUDENT FOOD SERVICES$2,549,623$2,549,623
EDUCATIONAL SUPPLIES$1,429,605$1,429,605
FINANCING COSTS$435,358$795$434,563

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$70,769,248TotalAmt
Program Services$57,545,656ProgramServicesAmt
Management And General$9,199,178ManagementAndGeneralAmt
Fundraising$4,024,414FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$663,397BOYAmt
EOY$745,406EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$59,550,857BOYAmt
EOY$72,043,118EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$11,342,681BOYAmt
EOY$13,770,792EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$592,436BOYAmt
EOY$849,620EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

FieldValueIRS element (for citing)
BOY$138,387BOYAmt
EOY$138,387EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$666,307BOYAmt
EOY$846,331EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$335,321,287LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$115,854,994LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$183,371,617BOYAmt
EOY$219,466,293EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$41,349,515BOYAmt
EOY$41,897,437EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$126,871,689BOYAmt
EOY$124,949,898EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$97,052BOYAmt
EOY$8,811,002EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$424,643,938BOYAmt
EOY$483,518,284EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$7,821,721BOYAmt
EOY$12,890,819EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$25,315,328BOYAmt
EOY$24,771,038EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$22,280,067BOYAmt
EOY$49,312,911EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$200,691BOYAmt
EOY$200,691EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$55,617,807BOYAmt
EOY$87,175,459EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$257,491,057BOYAmt
EOY$263,556,918EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$111,535,074BOYAmt
EOY$132,785,907EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$369,026,131BOYAmt
EOY$396,342,825EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$424,643,938BOYAmt
EOY$483,518,284EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$19,378,593ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$7,938,102NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
SchoolYes (X)SchoolInd

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$17,554,237CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$10,363,417CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$18,564,888CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$22,733,986CurrentTaxYearMinus1YearAmt
Current Tax Year$22,799,057CurrentTaxYearAmt
Total$92,015,585TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$17,554,237CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$10,363,417CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$18,564,888CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$22,733,986CurrentTaxYearMinus1YearAmt
Current Tax Year$22,799,057CurrentTaxYearAmt
Total$92,015,585TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$9,404,745SubstantialContributorsTotAmt
Public Support Total170$82,610,840PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$2,259,010CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,175,197CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,509,932CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$3,472,439CurrentTaxYearMinus1YearAmt
Current Tax Year$5,512,978CurrentTaxYearAmt
Total$13,929,556TotalAmt

Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$7,021CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$2,185CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$378,954CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$105CurrentTaxYearMinus1YearAmt
Current Tax Year$291,361CurrentTaxYearAmt
Total$679,626TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus2 Years$3,134CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$19,491CurrentTaxYearMinus1YearAmt
Current Tax Year$24,386CurrentTaxYearAmt
Total$47,011TotalAmt
FieldValueIRS element (for citing)
Total Support$106,671,778TotalSupportAmt
Gross Receipts Rltd Activities$248,328,727GrossReceiptsRltdActivitiesAmt
Public Support CY1700.77440PublicSupportCY170Pct
Public Support PY1700.81760PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME:FormAndLineReferenceDesc
ExplanationOTHER INCOME - 2021 AMOUNT: $ 3,134. 2022 AMOUNT: $ 19,491. 2023 AMOUNT: $ 24,386.ExplanationTxt

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$179,842,293BeginningYearBalanceAmt
Contributions$9,204,148ContributionsAmt
Investment Earnings Or Losses$17,192,485InvestmentEarningsOrLossesAmt
Other Expenditures$9,491,894OtherExpendituresAmt
End Year Balance$196,747,032EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$157,448,372BeginningYearBalanceAmt
Contributions$14,569,383ContributionsAmt
Investment Earnings Or Losses$12,055,538InvestmentEarningsOrLossesAmt
Other Expenditures$4,231,000OtherExpendituresAmt
End Year Balance$179,842,293EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$170,439,981BeginningYearBalanceAmt
Contributions$6,476,222ContributionsAmt
Investment Earnings Or Losses-$15,645,497InvestmentEarningsOrLossesAmt
Other Expenditures$3,822,334OtherExpendituresAmt
End Year Balance$157,448,372EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$123,954,358BeginningYearBalanceAmt
Contributions$11,508,705ContributionsAmt
Investment Earnings Or Losses$38,745,876InvestmentEarningsOrLossesAmt
Other Expenditures$3,768,958OtherExpendituresAmt
End Year Balance$170,439,981EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$126,591,846BeginningYearBalanceAmt
Contributions$915,844ContributionsAmt
Investment Earnings Or Losses$167,809InvestmentEarningsOrLossesAmt
Other Expenditures$3,721,141OtherExpendituresAmt
End Year Balance$123,954,358EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY0.48500BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY0.32500PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY0.19000TermEndowmentBalanceEOYPct
Endowments Held Unrelated Org0EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org0EndowmentsHeldRelatedOrgInd

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$40,532,878OtherCostOrOtherBasisAmt
Book Value$40,532,878BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$205,090,889OtherCostOrOtherBasisAmt
Depreciation$75,061,388DepreciationAmt
Book Value$130,029,501BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$30,831,359OtherCostOrOtherBasisAmt
Depreciation$17,900,722DepreciationAmt
Book Value$12,930,637BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$31,729,747OtherCostOrOtherBasisAmt
Depreciation$22,892,884DepreciationAmt
Book Value$8,836,863BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$27,136,414OtherCostOrOtherBasisAmt
Book Value$27,136,414BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$219,466,293TotalBookValueLandBuildingsAmt

Other Securities OtherSecuritiesGrp (4 entries)

DescDescBook ValueBookValueAmtMethod ValuationMethodValuationCd
MULTI-STRATEGY FUND$8,333,159F
PRIVATE EQUITY LIMITED PARTNERSHIPS$73,321,744F
EQUITY STRATEGY FUND$39,291,374F
OPPORTUNISTIC FIXED INCOME$4,003,621F
FieldValueIRS element (for citing)
Total Book Value Securities$124,949,898TotalBookValueSecuritiesAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescASSET RETIREMENT OBLIGATIONDesc
Amt$200,691Amt
FieldValueIRS element (for citing)
Total Liability$200,691TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$90,104,455TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$7,938,102NetUnrealizedGainsInvstAmt
Other Revenue$1,969,999OtherRevenueAmt
Revenue Not Reported$9,908,101RevenueNotReportedAmt
Revenue Subtotal$80,196,354RevenueSubtotalAmt
Investment Expenses Not Incld$305,000InvestmentExpensesNotIncldAmt
Other Revenues Not Included$9,646,487OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt$9,951,487RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$90,147,841TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$62,787,761TotExpnsEtcAuditedFinclStmtAmt
Other Expenses Included$1,969,999OtherExpensesIncludedAmt
Expenses Not Reported$1,969,999ExpensesNotReportedAmt
Expenses Subtotal$60,817,762ExpensesSubtotalAmt
Investment Expenses Not Incld2$305,000InvestmentExpensesNotIncld2Amt
Other Expenses Not Included$9,646,487OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt$9,951,487ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$70,769,249TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART V, LINE 4:THE SCHOOL'S ENDOWMENT CONSISTS OF FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES INCLUDING BOTH DONOR-RESTRICTED ENDOWMENT FUNDS AND AMOUNTS DESIGNATED BY THE BOARD OF TRUSTEES TO FUNCTION AS ENDOWMENT. THE EARNINGS ON THE ENDOWMENT ARE USED TO SUPPORT VARIOUS PURPOSES INCLUDING FINANCIAL AID AND FACULTY SALARY SUPPORT.
PART X, LINE 2:THE SCHOOL IS EXEMPT FROM INCOME TAX UNDER SECTION 501(C)(3) OF THE U.S. INTERNAL REVENUE CODE (THE CODE). THE SCHOOL RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT TO BE SUSTAINED AND ACCORDINGLY BELIEVES THAT ITS INCOME TAX POSITIONS ARE CONSISTENT WITH ITS EXEMPTION. CONTRIBUTIONS MADE TO THE SCHOOL ARE QUALIFIED FOR THE MAXIMUM TAX DEDUCTION ALLOWABLE UNDER THE CODE. INCOME GENERATED FROM ACTIVITIES UNRELATED TO THE SCHOOL'S PURPOSE IS SUBJECT TO TAX UNDER INTERNAL REVENUE CODE SECTION 511.
PART XI, LINE 2D - OTHER ADJUSTMENTS:RENTAL EXPENSES REPORTED ON PART VIII, LINE 6B 1,291,134. COST OF GOODS SOLD REPORTED ON PART VIII, LINE 10B 678,865.
PART XI, LINE 4B - OTHER ADJUSTMENTS:FINANCIAL AID NETTED AGAINST REVENUE 9,646,487.
PART XII, LINE 2D - OTHER ADJUSTMENTS:RENTAL EXPENSES REPORTED ON PART VIII, LINE 6B 1,291,134. COST OF GOODS SOLD REPORTED ON PART VIII, LINE 10B 678,865.
PART XII, LINE 4B - OTHER ADJUSTMENTS:FINANCIAL AID NETTED AGAINST REVENUE 9,646,487.

Schedule E IRS990ScheduleE

FieldValueIRS element (for citing)
Nondiscriminatory Policy StmtYes (1)NondiscriminatoryPolicyStmtInd
Policy Stmt In Brochures EtcYes (1)PolicyStmtInBrochuresEtcInd
Plcy Pblczd Via Broadcast MediaYes (1)PlcyPblczdViaBroadcastMediaInd
Maintain Racial Comp RecsYes (1)MaintainRacialCompRecsInd
Maintain Scholarships RecsYes (1)MaintainScholarshipsRecsInd
Maintain Cpy Of Brochures EtcYes (1)MaintainCpyOfBrochuresEtcInd
Maintain Cpy Of All SolYes (1)MaintainCpyOfAllSolInd
Discriminate Race Stdnts Rghts0DiscriminateRaceStdntsRghtsInd
Discriminate Race Admiss Plcy0DiscriminateRaceAdmissPlcyInd
Discriminate Race Emplm Fculty0DiscriminateRaceEmplmFcultyInd
Discriminate Race Schs0DiscriminateRaceSchsInd
Discriminate Race Educ Plcy0DiscriminateRaceEducPlcyInd
Discriminate Race Use Of Fclts0DiscriminateRaceUseOfFcltsInd
Discriminate Race Athlt Prog0DiscriminateRaceAthltProgInd
Discriminate Race Other Acty0DiscriminateRaceOtherActyInd
Government Financial Aid Rcvd0GovernmentFinancialAidRcvdInd
Government Financial Aid Rvkd0GovernmentFinancialAidRvkdInd
Compliance With Rev Proc7550Yes (1)ComplianceWithRevProc7550Ind

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE E, PART I, LINE 3FormAndLineReferenceDesc
ExplanationA GENERAL STATEMENT OF NON-DISCRIMINATION IS INCLUDED IN ALL ADVERTISEMENTS, IN NEWSPAPERS OF GENERAL CIRCULATION, AND OTHER PRINTED MEDIA RELATING TO THE RECRUITMENT OF STUDENTS AND EMPLOYEES. THE SCHOOL PUBLICIZES ITS RACIALLY NONDISCRIMINATORY POLICY IN NEWSPAPERS OF GENERAL CIRCULATION AND ON ITS INTERNET WEBSITE.ExplanationTxt

Schedule F IRS990ScheduleF

Account Activities Outside US AccountActivitiesOutsideUSGrp (3 entries)

RegionRegionTxtOfficesOfficesCntEmployeeEmployeeCntType Of Activities ConductedTypeOfActivitiesConductedTxtRegion Total ExpendituresRegionTotalExpendituresAmt
CENTRAL AMERICA AND THE CARIBBEAN00INVESTMENTS$71,043,353
NORTH AMERICA00INVESTMENTS$3,679,928
EUROPE00INVESTMENTS$4,664,308
FieldValueIRS element (for citing)
Subtotal Offices0SubtotalOfficesCnt
Subtotal Employees0SubtotalEmployeesCnt
Continuation Total Office0ContinuationTotalOfficeCnt
Continuation Total Employee0ContinuationTotalEmployeeCnt
Total Office0TotalOfficeCnt
Total Employee0TotalEmployeeCnt
Subtotal Spent$79,387,589SubtotalSpentAmt
Continuation Spent$0ContinuationSpentAmt
Total Spent$79,387,589TotalSpentAmt
Transfer To Foreign CorpYes (1)TransferToForeignCorpInd
Interest In Foreign Trust0InterestInForeignTrustInd
Foreign Corp OwnershipYes (1)ForeignCorpOwnershipInd
Passive Foreign Investmest CoYes (1)PassiveForeignInvestmestCoInd
Foreign PartnershipYes (1)ForeignPartnershipInd
Boycott Countries0BoycottCountriesInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE F, PART IV:FormAndLineReferenceDesc
ExplanationTHE ORGANIZATION IS NOT REQUIRED TO FILE FORM 5471 OR FORM 8621 BECAUSE IT DOES NOT MEET THE APPLICABLE FILING THRESHOLD OR OWNERSHIP REQUIREMENTS. THE ORGANIZATION IS REQUIRED TO FILE FORM 926 AND FORM 8865 AS IT DOES MEET THE APPLICABLE FILING THRESHOLD REQUIREMENTS.ExplanationTxt

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1BENEFITEvent1Nm
Gross Receipts Event1$966,007GrossReceiptsEvent1Amt
Charitable Contri Event1$284,529CharitableContriEvent1Amt
Gross Revenue Event1$681,478GrossRevenueEvent1Amt
Rent Facility Costs Event1$46,360RentFacilityCostsEvent1Amt
Food And Beverage Event1$157,099FoodAndBeverageEvent1Amt
Entertainment Event1$144,241EntertainmentEvent1Amt
Other Direct Expenses Event1$97,714OtherDirectExpensesEvent1Amt
Event2MAYFAIREvent2Nm
Gross Receipts Event2$113,100GrossReceiptsEvent2Amt
Gross Revenue Event2$113,100GrossRevenueEvent2Amt
Other Direct Expenses Event2$29,156OtherDirectExpensesEvent2Amt
Other Events Total4OtherEventsTotalCnt
Gross Receipts Other Events$237,233GrossReceiptsOtherEventsAmt
Charitable Contri Other Events$83,574CharitableContriOtherEventsAmt
Gross Revenue Other Events$153,659GrossRevenueOtherEventsAmt
Oth Direct Expnss Other Events$153,799OthDirectExpnssOtherEventsAmt
Gross Receipts Total$1,316,340GrossReceiptsTotalAmt
Charitable Contributions Tot$368,103CharitableContributionsTotAmt
Gross Revenue Total Events$948,237GrossRevenueTotalEventsAmt
Rent Fclty Costs Total Events$46,360RentFcltyCostsTotalEventsAmt
Food And Beverage Total Events$157,099FoodAndBeverageTotalEventsAmt
Entertainment Total Events$144,241EntertainmentTotalEventsAmt
Oth Direct Expnss Total Events$280,669OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$628,369DirectExpenseSummaryEventsAmt
Net Income Summary$319,868NetIncomeSummaryAmt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

FieldValueIRS element (for citing)
Grant TypeFINANCIAL AIDGrantTypeTxt
Recipient214RecipientCnt
Cash Grant$9,646,487CashGrantAmt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
ExplanationTHE SCHOOL GRANTS FINANCIAL AID AWARDS IN A NONDISCRIMINATORY AND OBJECTIVE MANNER TO STUDENTS WHO DEMONSTRATE FINANCIAL NEED. STUDENTS SEEKING AID ARE REQUIRED TO COMPLETE THE SCHOOL AND STUDENT SERVICES FOR FINANCIAL AID (SSS) APPLICATION. THE SCHOOL USES THE ANALYSIS OF SSS IN DETERMINING THE AMOUNT OF EACH STUDENT'S FINANCIAL AID AWARD. THE STUDENT'S TUITION BILL IS REDUCED BY THE AMOUNT OF THE FINANCIAL AID AWARDED.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Housing Allowance Or ResidenceYes (X)HousingAllowanceOrResidenceInd
Written Policy Ref T And E ExpnssYes (1)WrittenPolicyRefTAndEExpnssInd
Substantiation RequiredYes (1)SubstantiationRequiredInd
Compensation CommitteeYes (X)CompensationCommitteeInd
Independent ConsultantYes (X)IndependentConsultantInd
Form990 Of Other OrganizationsYes (X)Form990OfOtherOrganizationsInd
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr PlanYes (1)SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed PaymentsYes (1)AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (8 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
MR THOMAS W PHILIP
HEAD OF SCHOOL$399,235$0$418,000$0$519,705$0$458,933$0$180,041$0$1,975,914$0$518,933$0
MS KATHLEEN HARRINGTON
CHIEF FINANCIAL OFFICER$259,172$0$90,000$0$512,772$0$110,427$0$65,188$0$1,037,559$0$512,000$0
MR KARL PATRICK ANDREN
CHIEF OPERATING OFFICER$229,370$0$0$0$81,943$0$12,199$0$122,315$0$445,827$0$0$0
MR THOMAS MURRAY
CHIEF ADVANCEMENT OFFICER$256,761$0$65,000$0$18,269$0$35,242$0$40,696$0$415,968$0$0$0
MR DAVID BRUCE DIR OF MS
ADMISSION & DIR. OF FIN. AID$164,089$0$0$0$76,135$0$19,387$0$125,275$0$384,886$0$0$0
MR CEDRIC JONES
DIRECTOR OF ATHLETICS$222,908$0$0$0$41,695$0$11,858$0$87,678$0$364,139$0$0$0
MR T MICHAEL ALLWOOD
MATH DEPARTMENT CHAIR$149,161$0$0$0$78,654$0$35,480$0$18,235$0$281,530$0$0$0
MR AARON MONTGOMERY
MATH TEACHER & SWIM PROGRAM$143,227$0$0$0$77,090$0$20,286$0$39,234$0$279,837$0$0$0

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART I, LINE 1AHOUSING BENEFITS PROVIDED TO THE HEAD OF SCHOOL AND CHIEF FINANCIAL OFFICER ARE TREATED AS NON-TAXABLE COMPENSATION UNDER INTERNAL REVENUE CODE SECTION 119. THESE PERSONS ARE REQUIRED TO LIVE ON SCHOOL PREMISES AS A CONDITION OF THEIR EMPLOYMENT, AND THE HOUSING BENEFITS ARE PROVIDED FOR THE CONVENIENCE OF THE EMPLOYER. THE AMOUNTS ARE INCLUDED IN PART II, COLUMN (D). - THOMAS PHILIP - $130,000. - KATHLEEN HARRINGTON - $33,000 HOUSING BENEFITS PROVIDED TO THE FOLLOWING REPORTED EMPLOYEES ARE TREATED AS TAXABLE COMPENSATION. THE AMOUNTS ARE INCLUDED IN PART II, COLUMN B(III). - DAVID BRUCE - $17,538 - AARON MONTGOMERY- $12,472 - THOMAS MURRAY - $18,000 - CEDRIC JONES - $40,923 - KARL PATRICK ANDREN - $18,000
PART I, LINE 4BTHOMAS PHILIP, KATHLEEN HARRINGTON, AND T. MICHAEL ALLWOOD PARTICIPATE IN A SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN. EMPLOYER CONTRIBUTIONS TO THIS PLAN ARE LISTED BELOW, AND ARE INCLUDED IN PART II, COLUMN C: THOMAS PHILIP - $416,033 KATHLEEN HARRINGTON - $75,000 T. MICHAEL ALLWOOD - $15,000 THOMAS W. PHILIP RECEIVED A VESTED DISTRIBUTION FROM THE PLAN IN THE AMOUNT OF $518,933. THIS AMOUNT IS INCLUDED IN PART II, COLUMN B(III), AS WELL AS REPORTED IN COLUMN (F) AS REPORTED AS DEFERRED COMPENSATION ON PRIOR FORM 990. KATHLEEN HARRINGTON RECEIVED A VESTED DISTRIBUTION FROM THE PLAN IN THE AMOUNT OF $512,000. THIS AMOUNT IS INCLUDED IN PART II, COLUMN B(III), AS WELL AS REPORTED IN COLUMN (F) AS REPORTED AS DEFERRED COMPENSATION ON PRIOR FORM 990.
PART I, LINE 7THE ORGANIZATION PAID BONUSES IN 2023. THE BONUSES WERE DETERMINED BY THE COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS, BASED UPON A REVIEW OF THEIR PERFORMANCES, AND WERE APPROVED BY THE COMMITTEE PRIOR TO THEIR AWARD.
SCHEDULE J, PART II COLUMN D:NONTAXABLE BENEFITS REPORTED IN COLUMN (E) INCLUDE CONTRIBUTIONS TO EMPLOYEE HEALTH, RETIREMENT AND OTHER BENEFIT PLANS FOR ALL EMPLOYEES, AND TUITION BENEFITS FOR EMPLOYEES WITH CHILDREN ATTENDING THE SCHOOL AND/OR GREENWICH ACADEMY, ITS SISTER SCHOOL.

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (2 entries)

Bond ReferenceBondReferenceCdBond Issuer EINBondIssuerEINCUSIPCUSIPNumBond IssuedBondIssuedDtIssue PriceIssuePriceAmtPurposePurposeDescDefeasedDefeasedIndOn Behalf Of IssuerOnBehalfOfIssuerIndPool FinancingPoolFinancingInd
CT HEALTH AND EDUCATIONAL FACILITIES AUTHORITY
A0608061860000000002022-07-01$24,190,000TO REFUND 2012 BOND ISSUANCE000
CT HEALTH AND EDUCATIONAL FACILITIES AUTHORITY
B06080618620775DWN82023-10-03$28,210,000SEE PART VI000

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (2 entries)

Bond ReferenceBondReferenceCdRetiredRetiredAmtTotal ProceedsTotalProceedsAmtOther Spent ProceedsOtherSpentProceedsAmtSubstantial CompletionSubstantialCompletionYrRefunding Tax Exempt BondsRefundingTaxExemptBondsIndRefunding Taxable BondsRefundingTaxableBondsIndFinal Allocation MadeFinalAllocationMadeIndAdequate Books And Rec MaintAdequateBooksAndRecMaintIndIn Reserve FundInReserveFundAmtIssuance Costs From ProceedsIssuanceCostsFromProceedsAmtCapital ExpendituresCapitalExpendituresAmt
A$3,600,000$24,190,000$24,190,0002005Yes (1)0Yes (1)Yes (1)
B$995,000$30,399,074000Yes (1)$8,250,155$399,074$21,749,845

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (2 entries)

Bond ReferenceBondReferenceCdOwning Bond Financed PropertyOwningBondFinancedPropertyIndAny Lease ArrangementsAnyLeaseArrangementsIndMgmt Contract Bond Fincd PropMgmtContractBondFincdPropIndAny Research AgreementsAnyResearchAgreementsIndPrivate Bus Use By OthersPrivateBusUseByOthersPctPrivate Bus Concerning UBIPrivateBusConcerningUBIPctTotal Private Business UseTotalPrivateBusinessUsePctBond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestIndChange In Use Bond Financed PropChangeInUseBondFinancedPropIndProcs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd
A00000.000000.000000.00000000
B00000.000000.000000.0000000Yes (1)

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (2 entries)

Bond ReferenceBondReferenceCdForm8038 T FiledForm8038TFiledIndRebate Not Due YetRebateNotDueYetIndException To RebateExceptionToRebateIndNo Rebate DueNoRebateDueIndVariable Rate IssueVariableRateIssueIndHedge Identified In Bks And RecHedgeIdentifiedInBksAndRecIndGross Proceeds Invested In GICGrossProceedsInvestedInGICIndGross Proceeds InvestedGrossProceedsInvestedIndWritten Proc To Monitor ReqsWrittenProcToMonitorReqsInd
A00Yes (1)000000
B0Yes (1)000000Yes (1)

Procedures Corrective Action ProceduresCorrectiveActionGrp (2 entries)

Bond ReferenceBondReferenceCdProcedures Corrective ActionProceduresCorrectiveActionInd
A0
BYes (1)

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART I, COLUMN C, BOND ISSUE B20775DVY5, 20775DVZ2, 20775DWA6, 20775DWB4, 20775DWC2, 20775DWD0, 20775DWE8, 20775DWF5, 20775DWG3, 20775DWH1, 20775DWJ7, 20775DWK4, 20775DWL2, 20775DWM0, 20775DWN8
PART I, COLUMN (F), BOND ISSUE B:THE PROCEEDS OF THE BONDS WERE USED TO FINANCE THE ACQUISITION, CONSTRUCTION, IMPROVEMENT, FURNISHING AND EQIPPING OF CERTAIN REAL PROPERTY LOCATED IN GREENWICH, CONNECTICUT, INCLUDING APPROXIMATELY 16.5 ACRES OF LAND AND APPROXIMATELY 15 BUILDINGS, TO BE USED FOR AN EARLY CHILDHOOD EDUCATION PROGRAM AND EMPLOYEE HOUSING.

Schedule L IRS990ScheduleL

Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp (2 entries)

Relationship DescriptionRelationshipDescriptionTxtTransactionTransactionAmtTransactionTransactionDescSharing Of RevenuesSharingOfRevenuesInd
HAYLEY PHILIP
FAMILY MEMBER OF HEAD OF SCHOOL$128,520EMPLOYMENT0
LISA MURRAY
FAMILY MEMBER OF CHIEF ADVANCEMENT OFFICER$29,280EMPLOYMENT0

Schedule M IRS990ScheduleM

Securities Publicly Traded SecuritiesPubliclyTradedGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution88ContributionCnt
Noncash Contributions Rpt F990$3,179,273NoncashContributionsRptF990Amt
Method Of Determining RevenuesAVG. SELLING PRICEMethodOfDeterminingRevenuesTxt
FieldValueIRS element (for citing)
Form8283 Received0Form8283ReceivedCnt
Any Property That Must Be Held0AnyPropertyThatMustBeHeldInd
Review Process Unusual NC GiftsYes (1)ReviewProcessUnusualNCGiftsInd
Third Parties Used0ThirdPartiesUsedInd

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART I, COLUMN (B):THE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTORS IN COLUMN (B).
SCHEDULE M, LINE 31:GIFT ACCEPTANCE POLICY THE SCHOOL EMPLOYS A GIFT ACCEPTANCE POLICY THAT ASSURES COMPLETE, ACCURATE AND CONSISTENT REPORTING OF GIFTS AND PLEDGES, COMPLIES WITH INTERNAL REVENUE SERVICE REGULATIONS AND ACCEPTABLE BUSINESS PRACTICES, PROTECTS THE SCHOOL'S REPUTATION AND TAX EXEMPT STATUS AND UPHOLDS ETHICAL GIVING STANDARDS AND AVOIDS REAL OR PERCEIVED CONFLICTS OF INTEREST. THE POLICY APPLIES TO THE DEVELOPMENT OFFICE STAFF AND ALL OTHER PERSONS INVOLVED IN SOLICITING, DOCUMENTING, ADMINISTERING, AND ACKNOWLEDGING GIFTS MADE FOR THE BENEFIT OF BRUNSWICK SCHOOL. THE POLICY IS DESIGNED TO ENSURE THAT DONORS FIND THE PROCESS OF GIVING EASY, UNDERSTANDABLE, AND CONSISTENT; THAT GIFTS ARE APPROPRIATE TO THE MISSION AND PRIORITIES OF THE SCHOOL; THAT NO GIFTS IMPOSE UNANTICIPATED FINANCIAL BURDENS ON THE SCHOOL; AND THAT IF GIFTS ARE RESTRICTED OR INTENDED FOR LONG-TERM USE, DOCUMENTATION OF THE PURPOSE FULFILLMENT IS MAINTAINED AND COMMUNICATED TO THE DONOR.

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART III, LINE 1 CONTINUED:THROUGH A RICH AND RIGOROUS COLLEGE PREPARATORY CURRICULUM, THE SCHOOL STRIVES FOR THE FULLEST INTELLECTUAL DEVELOPMENT OF EVERY YOUNG MAN. THE SCHOOL'S ACADEMIC PROGRAMS SEEK TO INSTILL IN EACH STUDENT A DESIRE TO LEARN, TO CHALLENGE EACH BOY TO FULFILL HIS OWN UNIQUE POTENTIAL, TO FOSTER CRITICAL THINKING SKILLS AND TO DEVELOP THE CREATIVE AND INDEPENDENT QUALITIES OF MIND NECESSARY FOR INTELLECTUAL MATURITY AND INCREASED SELF-CONFIDENCE. THE SCHOOL ALSO BELIEVES THAT A COMPLETE EDUCATION MUST INCLUDE LESSONS THAT TAKE PLACE OUTSIDE THE CLASSROOM. THROUGH ATHLETICS, ARTS AND SERVICE TO THE COMMUNITY, EVERY STUDENT IS ENCOURAGED TO DEVELOP HIS TALENTS TO THE FULLEST, TO UNDERSTAND THE OBLIGATION TO SHARE THEM GENEROUSLY, TO TAKE RISKS TO ENSURE GROWTH AND TO REFUSE TO ACCEPT A NARROW DEFINITION OF HIMSELF. AND AS ITS YOUNG MEN GROW IN AN ATMOSPHERE OF TRUST, CARE AND MUTUAL RESPECT, THE SCHOOL ACCEPTS THAT ITS OVERRIDING OBJECTIVE IS TO FOSTER THE DEVELOPMENT OF STRONG CHARACTER. THE SCHOOL STRIVES TO INSTILL IN ITS STUDENTS THE VALUES OF HONESTY, INTEGRITY, COMPASSION AND TOLERANCE AND TO DEVELOP IN EACH STUDENT A SENSE OF RESPONSIBILITY TO HIMSELF, TO THOSE AROUND HIM, TO THE SCHOOL COMMUNITY AND TO THE GREATER SOCIETY. THE SCHOOL BELIEVES, ABOVE ALL ELSE, THAT IT IS THE STRENGTH OF A YOUNG MAN'S CHARACTER AND THE DEPTH OF HIS SPIRIT THAT DETERMINE AND DEFINE ALL GENUINE AND LASTING SUCCESS.
FORM 990, PART VI, SECTION B, LINE 11BTHE SCHOOL HAS ITS FORM 990 PREPARED BY AN OUTSIDE ACCOUNTING FIRM. IT IS THEN REVIEWED BY THE SCHOOL'S CHIEF FINANCIAL OFFICER BEFORE BEING REVIEWED BY THE TREASURER OF THE BOARD OF TRUSTEES. THIS REVIEW IS DISCUSSED AT THE AUDIT/FINANCE COMMITTEE MEETING AND THE BOARD OF TRUSTEES MEETING AND IS DOCUMENTED IN THE MINUTES. THE COMPLETED FORM 990 IS MADE AVAILABLE TO ALL MEMBERS OF THE BOARD OF TRUSTEES PRIOR TO FILING.
FORM 990, PART VI, SECTION B, LINE 12CEACH PERSON SERVING AS A TRUSTEE, OFFICER OR KEY EMPLOYEE OF BRUNSWICK SCHOOL SHALL ANNUALLY COMPLETE THE CONFLICT OF INTEREST DISCLOSURE FORM, IDENTIFYING ANY RELATIONSHIPS, POSITIONS OR CIRCUMSTANCES IN WHICH THE PERSON AND/OR HIS OR HER IMMEDIATE FAMILY IS INVOLVED THAT HE OR SHE BELIEVES COULD GIVE RISE TO A CONFLICT OF INTEREST. THE CHAIR OF THE BOARD OF TRUSTEES AND THE HEAD OF SCHOOL SHALL REVIEW EACH DISCLOSURE FORM AND DETERMINE IF A CONFLICT EXISTS. IF A CONFLICT OF INTEREST IS DETERMINED TO EXIST IT SHALL BE DISCLOSED TO THE BOARD OF TRUSTEES, OR ITS AUDIT AND FINANCE COMMITTEE, AND MADE A MATTER OF RECORD THROUGH AN APPROVED PROCEDURE. THE PRIOR APPROVAL OF THE BOARD OF TRUSTEES OR AUDIT AND FINANCE COMMITTEE SHALL BE REQUIRED FOR ANY BUSINESS ARRANGEMENT OR TRANSACTION INVOLVING A TRUSTEE OR KEY EMPLOYEE WHICH MAY CONSTITUTE A CONFLICT OF INTEREST. APPROVAL SHALL BE GRANTED ONLY IF THE ARRANGEMENT OR TRANSACTION IS FULLY DISCLOSED AND IS DETERMINED TO BE ON TERMS WHICH ARE FAIR TO AND IN THE BEST INTERESTS OF BRUNSWICK SCHOOL. ANY TRUSTEE HAVING A CONFLICT OF INTEREST SHALL NOT VOTE OR USE HIS OR HER PERSONAL INFLUENCE ON THE MATTER, AND SHALL NOT BE COUNTED IN DETERMINING THE QUORUM FOR THE BOARD OR COMMITTEE MEETING.
FORM 990, PART VI, SECTION B, LINE 15THE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES (COMPRISED OF TRUSTEES WITH NO CONFLICTS OF INTEREST WITH REGARD TO INDIVIDUALS UNDER REVIEW) HIRES A CONSULTANT EVERY YEAR TO REVIEW COMPARABLE PACKAGES FOR THE HEAD OF SCHOOL, THE CHIEF FINANCIAL OFFICER("CFO"), AND THE CHIEF ADVANCEMENT OFFICER("CAO"). THE CONSULTANT PRESENTS DATA FOR COMPARABLE POSITIONS BOTH LOCALLY AND NATIONALLY, INCLUDING FORMS 990 OF OTHER ORGANIZATIONS AND COMPENSATION STUDIES/SURVEYS. THE COMPENSATION COMMITTEE MAKES THE FINAL DECISION OF THE PERFORMANCE-BASED COMPENSATION OF THE HEAD OF SCHOOL FOR CURRENT YEAR AND SETS THE ANNUAL SALARY FOR THE FOLLOWING YEAR, ASSUMING CONTINUATION OF EMPLOYMENT. THE DECISION IS DOCUMENTED. THE HEAD OF SCHOOL DETERMINES THE COMPENSATION OF THE CFO, THE CAO AND OTHER EMPLOYEES BASED ON EXPERIENCE, CURRENT PERFORMANCE AND COMPARABLE LOCAL AND NATIONAL POSITIONS USING NAIS STATISTICS AND COMPARABLE LOCAL AND NATIONAL DATA USING AVAILABLE STATISTICS. THE COMMITTEE ENSURE THE CFO AND CAO COMPENSATION IS FAIR AND REASONABLE COMPARED TO THE CONSULTANT'S DATA.
FORM 990, PART VI, SECTION C, LINE 19THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, & FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
FORM 990, PART XII, LINE 2C:THE FINANCE COMMITTEE OF THE ORGANIZATION ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THIS PROCESS DID NOT CHANGE FROM THE PRIOR YEAR.

Schedule R IRS990ScheduleR

Id Disregarded Entities IdDisregardedEntitiesGrp (5 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdTotal IncomeTotalIncomeAmtEnd Of Year AssetsEndOfYearAssetsAmtBusiness Name Line1DirectControllingEntityName/BusinessNameLine1Txt
BRUNSWICK SCHOOL HOLDINGS LLC
25 PATTERSON AVENUEGREENWICHCT068305618060646562FACULTY HOUSINGCT$0$0BRUNSWICK SCHOOL INC
BRUNSWICK SCHOOL HOLDINGS I LLC
151 RIVER RDGREENWICHCT068305618060646562ATHLETIC FACILITYCT$0$0BRUNSWICK SCHOOL INC
BRUNSWICK SCHOOL HOLDINGS II LLC
9 RIVERSVILLE RDGREENWICHCT068305618060646562FACULTY HOUSINGCT$0$0BRUNSWICK SCHOOL INC
BRUNSWICK SHERWOOD HOLDINGS LLC
SHERWOOD PLACEGREENWICHCT068305618060646562FACULTY HOUSINGCT$0$0BRUNSWICK SCHOOL INC
BRUNSWICK 81 NORTHFIELD LLC
81 NORTHFIELD STREETGREENWICHCT068305618060646562FACULTY HOUSINGCT$0$762,288BRUNSWICK SCHOOL INC