2025-05-15T18:13:21-05:00 2024-06-30 331374517 PKF O'CONNOR DAVIES ADVISORY LLC 245 PARK AVENUE 12TH FLOOR NEW YORK NY 10167 990 2023-07-01 060646562 BRUNSWICK SCHOOL INC BRUN 2036255800 100 MAHER AVENUE GREENWICH CT 068305618 KATHLEEN HARRINGTON CHIEF FINANCIAL OFFICER 2036255800 2025-05-15 1 1 MELISSA MODELSON P01603524 2122862600 2025-05-15 2023 2025-03-06 01:10:19Z THOMAS W PHILIP 100 MAHER AVENUE GREENWICH CT 068305618 118289637 0 X WWW.BRUNSWICKSCHOOL.ORG X 1932 CT BRUNSWICK 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. 30 30 448 300 -28507 0 22733986 22799057 50861973 54839006 3023213 11801499 373613 708279 76992785 90147841 9145095 9646487 0 0 35440984 38398329 0 0 4024414 21806590 22724432 66392669 70769248 10600116 19378593 424643938 483518284 55617807 87175459 369026131 396342825 X BRUNSWICK 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." 0 0 45982030 9646487 50076306 EDUCATION 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. 6325836 0 0 ATHLETICS 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. 5237790 0 5237790 STUDENT 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. 57545656 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 1 0 1 0 0 0 1 0 0 0 0 1 172 0 448 1 1 1 0 0 0 0 1 1 0 0 0 0 1 0 X 30 30 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA IL MA NH NY X X KATHLEEN F HARRINGTON CFO 2036255800 100 MAHER AVENUE GREENWICH CT 06830 MR W ROBERT BERKLEY JR CHAIRMAN 8.00 X X 0 0 0 MS NISHA KUMAR BEHRINGER TREASURER 4.00 X X 0 0 0 MR B CORT DELANY SECRETARY 4.00 X X 0 0 0 MRS KIMBERLEY C AUGUSTINE TRUSTEE 2.00 X 0 0 0 MR JOSYL L BARCHUE TRUSTEE 2.00 X 0 0 0 MR RAYMOND J BARTOSZEK TRUSTEE 2.00 X 0 0 0 MR PETER P BEVACQUA TRUSTEE 2.00 X 0 0 0 MR TODD L BOEHLY TRUSTEE 2.00 X 0 0 0 MR SEAN D CARNEY TRUSTEE 2.00 X 0 0 0 MR CHRISTOPHER L COLLINS TRUSTEE 2.00 X 0 0 0 MR R WILLETT COOK TRUSTEE 2.00 X 0 0 0 MR SCOTT A DAHNKE TRUSTEE 2.00 X 0 0 0 MR ALBERTO J DELGADO TRUSTEE 2.00 X 0 0 0 MR ADAM B DOLDER TRUSTEE 2.00 X 0 0 0 MS COLLEEN M FERGUSON TRUSTEE 2.00 X 0 0 0 MR PATRICK J FELS TRUSTEE 2.00 X 0 0 0 MRS LESLIE F FOLEY TRUSTEE 2.00 X 0 0 0 MS DARBY B FOX TRUSTEE 2.00 X 0 0 0 MR BRANDON P HALL TRUSTEE 2.00 X 0 0 0 MRS PAMELA K KELLER TRUSTEE 2.00 X 0 0 0 MRS JENNIFER A KLEIN TRUSTEE 2.00 X 0 0 0 MRS ANGELA M MICHALIK TRUSTEE 2.00 X 0 0 0 MR AMERICO C NARDIS TRUSTEE 2.00 X 0 0 0 MR TIMOTHY P O'HARA TRUSTEE 2.00 X 0 0 0 MR KEITH A PAGNANI TRUSTEE 2.00 X 0 0 0 MR JOHN S PAVELSKI TRUSTEE 2.00 X 0 0 0 MR JAMES H RITMAN TRUSTEE 2.00 X 0 0 0 MS WENDY E SACHS TRUSTEE 2.00 X 0 0 0 MRS CARRIE REILLY WALSH TRUSTEE 2.00 X 0 0 0 DR THOMAS B WILSON TRUSTEE 2.00 X 0 0 0 MR THOMAS W PHILIP HEAD OF SCHOOL 70.00 X 1336940 0 638974 MS KATHLEEN HARRINGTON CHIEF FINANCIAL OFFICER 65.00 X 861944 0 175615 MR THOMAS MURRAY CHIEF ADVANCEMENT OFFICER 55.00 X 340030 0 75938 MR DAVID BRUCE DIR OF MS ADMISSION & DIR. OF FIN. AID 40.00 X 240224 0 144662 MR AARON MONTGOMERY MATH TEACHER & SWIM PROGRAM 40.00 X 220317 0 59520 MR T MICHAEL ALLWOOD MATH DEPARTMENT CHAIR 40.00 X 227815 0 53715 MR CEDRIC JONES DIRECTOR OF ATHLETICS 40.00 X 264603 0 99536 MR KARL PATRICK ANDREN CHIEF OPERATING OFFICER 40.00 X 311313 0 134514 3803186 0 1382474 84 0 1 0 FLIK COMPASS GROUP USA 1 ORCHARD ROAD ARMONK NY 10504 FOOD SERVICES 2614051 SLAM COLLABORATIVE INC 80 GLASTONBURY BLVD GLASTONBURY CT 06033 ARCHITECTURE & DESIGN 2001424 TURNER CONSTRUCTION CO 6 CORPORATE DRIVE STE 820 SHELTON CT 06484 CONSTRUCTION MANAGEMENT 1363319 CORPORATE CLEANING INC 85 PURCHASE STREET RYE NY 10580 CLEANING SERVICES 388697 OFFIT CAPITAL ADVISORS LLC 485 LEXINGTON AVENUE NEW YORK NY 10017 INVESTMENT MANAGER 385000 26 368103 22430954 3179273 22799057 STUDENT TUITION 611710 52848850 52848850 SUMMER & AFTER SCHOOL PROGRAMS 611710 1376499 1376499 STUDENT ACTIVITY FEES 611710 613657 613657 54839006 4304403 -28506 4332909 1180069 1291134 -111065 -111065 -111065 33040524 25543428 7497096 7497096 -1 7497097 948237 368103 628369 319868 319868 1153955 678865 475090 475090 OTHER REVENUE 900099 24386 24386 24386 90147841 55314096 -28507 12063195 9646487 9646487 2416675 826327 1226324 364024 157800 121433 25180 11187 27489306 22138976 3585091 1765239 1921824 1478914 306659 136251 4221383 3296957 634178 290248 2191341 1686318 349665 155358 197888 197888 168492 4375 164117 305000 305000 2256666 1093301 293741 869624 38944 23730 15214 485488 81088 315733 88667 619665 389942 229723 2945020 2923792 17912 3316 9481 501 8980 163242 163242 7717483 7455506 178372 83605 758230 758230 BLDG MAINT & CONTRACTS 2644247 2625187 16082 2978 STUDENT FOOD SERVICES 2549623 2549623 EDUCATIONAL SUPPLIES 1429605 1429605 FINANCING COSTS 435358 795 434563 70769248 57545656 9199178 4024414 663397 745406 59550857 72043118 11342681 13770792 592436 849620 138387 138387 666307 846331 335321287 115854994 183371617 219466293 41349515 41897437 126871689 124949898 97052 8811002 424643938 483518284 7821721 12890819 25315328 24771038 22280067 49312911 200691 200691 55617807 87175459 X 257491057 263556918 111535074 132785907 369026131 396342825 424643938 483518284 19378593 7938102 0 X X 0 1 X 1 0 X 17554237 10363417 18564888 22733986 22799057 92015585 17554237 10363417 18564888 22733986 22799057 92015585 9404745 82610840 2259010 1175197 1509932 3472439 5512978 13929556 7021 2185 378954 105 291361 679626 3134 19491 24386 47011 106671778 248328727 0.77440 0.81760 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2021 AMOUNT: $ 3,134. 2022 AMOUNT: $ 19,491. 2023 AMOUNT: $ 24,386. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 179842293 9204148 17192485 9491894 196747032 157448372 14569383 12055538 4231000 179842293 170439981 6476222 -15645497 3822334 157448372 123954358 11508705 38745876 3768958 170439981 126591846 915844 167809 3721141 123954358 0.48500 0.32500 0.19000 0 0 40532878 40532878 205090889 75061388 130029501 30831359 17900722 12930637 31729747 22892884 8836863 27136414 27136414 219466293 MULTI-STRATEGY FUND 8333159 F PRIVATE EQUITY LIMITED PARTNERSHIPS 73321744 F EQUITY STRATEGY FUND 39291374 F OPPORTUNISTIC FIXED INCOME 4003621 F 124949898 ASSET RETIREMENT OBLIGATION 200691 200691 X 90104455 7938102 1969999 9908101 80196354 305000 9646487 9951487 90147841 62787761 1969999 1969999 60817762 305000 9646487 9951487 70769249 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. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 A 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. CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENTS 71043353 NORTH AMERICA 0 0 INVESTMENTS 3679928 EUROPE 0 0 INVESTMENTS 4664308 0 0 0 0 0 0 79387589 0 79387589 1 0 1 1 1 0 SCHEDULE F, PART IV: THE 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. BENEFIT 966007 284529 681478 46360 157099 144241 97714 MAYFAIR 113100 113100 29156 4 237233 83574 153659 153799 1316340 368103 948237 46360 157099 144241 280669 628369 319868 1 FINANCIAL AID 214 9646487 PART I, LINE 2: THE 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. X 1 1 X X X X X 0 1 0 0 0 0 0 1 0 MR THOMAS W PHILIP HEAD OF SCHOOL 399235 0 418000 0 519705 0 458933 0 180041 0 1975914 0 518933 0 MS KATHLEEN HARRINGTON CHIEF FINANCIAL OFFICER 259172 0 90000 0 512772 0 110427 0 65188 0 1037559 0 512000 0 MR KARL PATRICK ANDREN CHIEF OPERATING OFFICER 229370 0 0 0 81943 0 12199 0 122315 0 445827 0 0 0 MR THOMAS MURRAY CHIEF ADVANCEMENT OFFICER 256761 0 65000 0 18269 0 35242 0 40696 0 415968 0 0 0 MR DAVID BRUCE DIR OF MS ADMISSION & DIR. OF FIN. AID 164089 0 0 0 76135 0 19387 0 125275 0 384886 0 0 0 MR CEDRIC JONES DIRECTOR OF ATHLETICS 222908 0 0 0 41695 0 11858 0 87678 0 364139 0 0 0 MR T MICHAEL ALLWOOD MATH DEPARTMENT CHAIR 149161 0 0 0 78654 0 35480 0 18235 0 281530 0 0 0 MR AARON MONTGOMERY MATH TEACHER & SWIM PROGRAM 143227 0 0 0 77090 0 20286 0 39234 0 279837 0 0 0 PART I, LINE 1A HOUSING 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 4B THOMAS 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 7 THE 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. A CT HEALTH AND EDUCATIONAL FACILITIES AUTHORITY 060806186 000000000 2022-07-01 24190000 TO REFUND 2012 BOND ISSUANCE 0 0 0 B CT HEALTH AND EDUCATIONAL FACILITIES AUTHORITY 060806186 20775DWN8 2023-10-03 28210000 SEE PART VI 0 0 0 A 3600000 24190000 24190000 2005 1 0 1 1 B 995000 30399074 8250155 399074 21749845 0 0 0 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 0 B 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 A 0 0 1 0 0 0 0 0 0 B 0 1 0 0 0 0 0 0 1 A 0 B 1 PART I, COLUMN C, BOND ISSUE B 20775DVY5, 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. HAYLEY PHILIP FAMILY MEMBER OF HEAD OF SCHOOL 128520 EMPLOYMENT 0 LISA MURRAY FAMILY MEMBER OF CHIEF ADVANCEMENT OFFICER 29280 EMPLOYMENT 0 X 88 3179273 AVG. SELLING PRICE 0 0 1 0 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. 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 11B THE 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 12C EACH 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 15 THE 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 19 THE 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. BRUNSWICK SCHOOL HOLDINGS LLC 25 PATTERSON AVENUE GREENWICH CT 068305618 060646562 FACULTY HOUSING CT 0 0 BRUNSWICK SCHOOL INC BRUNSWICK SCHOOL HOLDINGS I LLC 151 RIVER RD GREENWICH CT 068305618 060646562 ATHLETIC FACILITY CT 0 0 BRUNSWICK SCHOOL INC BRUNSWICK SCHOOL HOLDINGS II LLC 9 RIVERSVILLE RD GREENWICH CT 068305618 060646562 FACULTY HOUSING CT 0 0 BRUNSWICK SCHOOL INC BRUNSWICK SHERWOOD HOLDINGS LLC SHERWOOD PLACE GREENWICH CT 068305618 060646562 FACULTY HOUSING CT 0 0 BRUNSWICK SCHOOL INC BRUNSWICK 81 NORTHFIELD LLC 81 NORTHFIELD STREET GREENWICH CT 068305618 060646562 FACULTY HOUSING CT 0 762288 BRUNSWICK SCHOOL INC