2022-05-10T10:02:06-05:00 2021-06-30 340677006 MALONEY NOVOTNY LLC 1111 SUPERIOR AVE SUITE 700 CLEVELAND OH 441142540 990 2020-07-01 340714426 HATHAWAY BROWN SCHOOL HATH 2169324214 19600 N PARK BOULEVARD SHAKER HEIGHTS OH 44122 DRMARY FRANCES BISSELLE HEAD OF SCHOOL 2169324214 2022-05-09 1 DRMARY FRANCES BISSELLE 999009999 CHRISTOPHER B ANDERSON P00226559 2163630100 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z DRMARY FRANCES BISSELLE 19600 N PARK BOULEVARD SHAKER HEIGHTS OH 44122 51079534 0 X WWW.HB.EDU X 1876 OH THE SCHOOL IS DEDICATED TO EXCELLENCE IN THE EDUCATION OF GIRLS. OUR TRUE MISSION, AS REFLECTED IN OUR MOTTO "NON SCHOLAE SED VITAE DISCIMUS," IS LEARNING & PREPARATION FOR LIFE. 29 29 425 200 0 0 17731598 6844118 22822561 22353058 3443728 2920985 0 0 43997887 32118161 5185587 5276509 0 0 16464348 14617361 0 0 1216298 7810206 7189690 29460141 27083560 14537746 5034601 136756554 155426410 11152323 12665075 125604231 142761335 X SEE SCHEDULE O 0 0 23255753 5276509 22353058 FOUNDED IN 1876, HATHAWAY BROWN IS COMMITTED TO A FUSION OF ACADEMIC AND EXPERIENTIAL LEARNING. THIS CO-ED EARLY CHILDHOOD AND ALL-GIRLS' K-12 INDEPENDENT DAY SCHOOL OF 721 STUDENTS FOCUSES ON EDUCATIONAL INNOVATION AS IT PREPARES STUDENTS TO RISE BOLDLY TO THE CHALLENGES OF OUR TIMES AND LIVE OUT THE HB MOTTO OF LEARNING NOT FOR SCHOOL, BUT FOR LIFE."HB'S INCLUSIVE ENVIRONMENT, OUTSTANDING FACULTY, AND UNIQUE PROGRAMS DRAW FAMILIES FROM 69 COMMUNITIES ACROSS NORTHEAST OHIO TO ITS BEAUTIFUL 16-ACRE SHAKER HEIGHTS CAMPUS, WHICH HOUSES AN AQUATICS CENTER, IDEA LAB, VISUAL AND PERFORMING ARTS SPACES, TURF PLAYING FIELD, UPPER SCHOOL LEARNING COMMONS, AND WORKING TELEVISION STUDIO. IMMERSIVE ACADEMIC, SERVICE, AND CULTURAL OPPORTUNITIES ABOUND, AND GRADUATES ATTEND MANY OF THE WORLD'S TOP UNIVERSITIES.THE SCHOOL IS CONSISTENTLY HONORED BY WELL-REGARDED EDUCATIONAL INSTITUTIONS, SOCIAL SERVICE ORGANIZATIONS, BUSINESSES, PROFESSIONAL SOCIETIES, AND JOURNALISTIC PUBLICATIONS. THE 96 STUDENTS OF THE CLASS OF 2021, WHICH INCLUDES 20 NATIONAL MERIT FINALISTS, 8 NATIONAL MERIT COMMENDED SCHOLARS, 11 MELVIN SCHOLARS, AND 7 PRESIDENTIAL SCHOLAR CANDIDATES, MATRICULATED TO 56 DIFFERENT COLLEGES IN THE FALL. 85% OF THE CLASS RECEIVED AN OFFER OF ADMISSION TO THEIR TOP CHOICE SCHOOL (OR A TOP CHOICE IF RANKED BY GROUP). THE CLASS RECEIVED OVER $9 MILLION IN MERIT SCHOLARSHIPS, INCLUDING FULL TUITION AT FOUR DIFFERENT UNIVERSITIES. 14% OF THE CLASS RECEIVED AT LEAST ONE OFFER OF ADMISSION FROM A SCHOOL DEEMED A "TOP 10 BEST NATIONAL UNIVERSITY OR "TOP 10 BEST NATIONAL LIBERAL ARTS COLLEGE" BY 2021 U.S. NEWS AND WORLD REPORT. 30% OF THE CLASS RECEIVED AT LEAST ONE OFFER OF ADMISSION FROM A SCHOOL DEEMED A "TOP 20 BEST NATIONAL UNIVERSITY OR "TOP 20 BEST NATIONAL LIBERAL ARTS COLLEGE" BY 2021 U.S. NEWS AND WORLD REPORT. 45% OF THE CLASS RECEIVED AT LEAST ONE OFFER OF ADMISSION FROM A SCHOOL DEEMED A "TOP 30 BEST NATIONAL UNIVERSITY OR "TOP 30 BEST NATIONAL LIBERAL ARTS COLLEGE" BY 2021 U.S. NEWS AND WORLD REPORT. 68% OF THE CLASS RECEIVED AT LEAST ONE OFFER OF ADMISSION FROM A COLLEGE DEEMED A "TOP 50 BEST NATIONAL UNIVERISTY OR "TOP 50 BEST NATIONAL LIBERAL ARTS COLLEGE" BY 2021 U.S. NEWS AND WORLD REPORT. THE CLASS RECEIVED AT LEAST ONE OFFER OF ADMISSION FROM EACH INSTITUTION IN THE IVY LEAGUE CONFERENCE. 9 MEMBERS OF THE CLASS OF 2021 WILL COMPETE IN VARSITY ATHLETICS IN COLLEGE. 6 STUDENTS ARE COMPETING AT THE DIVISION 1 LEVEL, ONE AT THE D2 LEVEL AND 2 IN DIVISIONS 3; THIS REPRESENTS 7 DIFFERENT SPORTS.HB'S ATHLETIC PROGRAM HOLDS 18 STATE CHAMPIONSHIP TITLES, 10 STATE TEAM RUNNER UP FINISHES, 14 STATE INDIVIDUAL CHAMPIONS, 19 STATE INDIVIDUAL RUNNER UP TITLES AND 44 STATE SEMI-FINAL APPEARANCES.THE 2013 BLAZER BASKETBALL TEAM AND 2019 BLAZER TENNIS TEAMS MADE HISTORY WHEN BOTH PROGRAMS BECAME THE ONLY BOYS OR GIRLS' TEAM IN OHIO HISTORY TO WIN FIVE CONSECUTIVE STATE CHAMPIONSHIPS. THE 2020 TENNIS TEAM SURPASSED THIS MILESTONE EARNING A 6TH (NON-CONSECUTIVE) STATE TEAM TITLE IN 2020 (2004, 15, 16, 17, 18, 19, 20).THE HB LACROSSE TEAM TOOK THEIR FIRST RUN AT A STATE SEMI-FINAL APPEARANCE SINCE THE OHSAA SPONSORED GIRLS LACROSSE IN 2016-2017. THE TEAM MADE THE FINAL FOUR DEFEATING HAWKEN SCHOOL IN THE REGIONAL FINAL AND FALLING TO ROCKY RIVER.HB IS A 7-TIME WINNER OF NORTHEAST OHIO'S TOP WORKPLACES BY THE PLAIN DEALER. EDUCATIONAL COLLEAGUES THROUGHOUT THE COUNTRY CONSIDER HB A LEADER IN THE FIELD. HATHAWAY BROWN SCHOOL IS RECOGNIZED NATIONALLY FOR EXTRAORDINARY TEACHING. IN 2019, HB WAS SELECTED AS A UPENN FELLOW SCHOOL. THIS HIGHLY COMPETITIVE PROGRAM INCLUDES 11 OTHER DAY SCHOOLS AND NINE BOARDING SCHOOLS. HB IS ONE OF ONLY TWO ALL-GIRLS SCHOOLS IN THE CONSORTIUM. THROUGH A UNIQUE TWO-YEAR FELLOWSHIP MODELED AFTER MEDICAL RESIDENCIES FOR ASPIRING DOCTORS, HB HOSTS CANDIDATES PURSUING A MASTERS OF SCIENCE DEGREE IN EDUCATION FROM PENN'S GRADUATE SCHOOL OF EDUCATION. HB ALSO HOSTED THE 2016 PRIVATE SCHOOLS WITH PUBLIC PURPOSE CONFERENCE IN 2016, WHICH BROUGHT EDUCATORS FROM 35 SCHOOLS IN 17 STATES TOGETHER TO COLLABORATE AND FIND SOLUTIONS TO SOME OF OUR NATION'S MOST PRESSING ISSUES FOR STUDENTS. IN 2018, THE SCHOOL WAS THE SITE OF THE ANNUAL CONFERENCE FOR THE GLOBAL EDUCATORS BENCHMARK GROUP.SOME ADDITIONAL NOTEWORTHY LEADERSHIP ROLES FOR HB: HATHAWAY BROWN IS PROUD TO OFFER INITIATIVES IN DIVERSITY, EQUITY, INCLUSION, AND BELONGING AND IN SOCIOEMOTIONAL GROWTH THAT OPTIMIZE LEARING FOR OUR STUDENTS AT EVERY GRADE LEVEL. HATHAWAY BROWN WAS THE FIRST SCHOOL IN THE ISACS (INDEPENDENT SCHOOLS ASSOCIATION OF THE CENTRAL STATES) TO COMPLETE THE ACCREDITATION PROCESS IN A REMOTE MODE, SERVING AS A MODEL FOR OTHER SCHOOLS FOLLOWING IN THE PROCESS.SINCE ITS BEGINNING AS "AFTERNOON CLASSES FOR YOUNG LADIES" AT THE ALL-BOYS PRIVATE BROOKS MILITARY SCHOOL IN DOWNTOWN CLEVELAND, HATHAWAY BROWN SCHOOL HAS BEEN HELPING STUDENTS FIND AND PURSUE OPPORTUNITIES, MAXIMIZE THEIR OWN POTENTIAL, AND MAKE A DIFFERENCE IN THE WORLD. THE SCHOOL MOVED TO ITS CURRENT LOCATION IN SHAKER HEIGHTS IN 1927 AND IT IS NOW HOME TO 721 STUDENTS IN PRESCHOOL THROUGH 12TH GRADE, 44 PERCENT OF WHOM ARE STUDENTS OF COLOR. FORTY-FIVE PERCENT OF STUDENTS RECEIVED FINANCIAL AID AWARDS (GRADES K-12) IN 2020-2021.THE SCHOOL MAINTAINS SMALL CLASS SIZES IN ALL DIVISIONS, AND THE STUDENT:FACULTY RATIO IS 8:1. HB IS GENEROUSLY SUPPORTED BY GIFTS FROM ALUMNAE AROUND THE WORLD, AS WELL AS PARENTS, FACULTY MEMBERS, AND FRIENDS OF THE INSTITUTION. AS OF JUNE 30, 2021, THE MARKET VALUE OF HB'S ENDOWMENT IS $76.3 MILLION. THE SCHOOL OFFERS EXTENSIVE TRANSPORTATION SERVICES AND A ONE-TO-ONE TECHNOLOGY PROGRAM.IN 2016, DR. MARY FRANCES "FRAN" BISSELLE BECAME HB'S 14TH HEAD OF SCHOOL. HATHAWAY BROWN'S SIGNATURE LEARN FOR LIFE APPROACH IS UNIQUE AND BUILT ON FOUR AREAS OF STRENGTH: DISTINGUISHED ACADEMICS, EMPOWERED GIRLS, FELLOWSHIP IN APPLIED STUDIES, AND CELEBRATED COMMUNITY. OUR DISTINGUISHED ACADEMICS INCLUDE A CORE CURRICULUM NATIONALLY RECOGNIZED FOR ACADEMIC EXCELLENCE. OUR 8:1 STUDENT TO TEACHER RATIO SUPPORTS REAL LEARNING IN A RICH CURRICULUM. EMPOWERED GIRLS LEAD WITH CONFIDENCE AND DEMONSTRATE THE POWER OF SISTERHOOD IN THE CLASSROOM, ON THE PLAYING FIELD, AND BEYOND. FELLOWSHIPS IN APPLIED STUDIES PROVIDE HB STUDENTS WITH THE OPPORTUNITY TO APPLY THEIR ACADEMICS TO REAL-WORLD PROBLEM-SOLVING. EXAMPLES OF WORK WITHIN THE FELLOWSHIPS INCLUDES STUDENTS SPENDING FOUR YEARS AS CONTRIBUTING MEMBERS OF SCIENTIFIC RESEARCH TEAMS, CO-AUTHORING PUBLICATIONS, AND PRESENTING AT PROFESSIONAL CONFERENCES. OR SERVING ON A FINANCE TEAM INVESTING A PORTION OF THE SCHOOL'S ENDOWMENT AND SHEPHERDING THAT INVESTMENT OVER THE COURSE OF SEVERAL YEARS. FELLOWSHIPS PROVIDE AN IMMERSIVE EXPERIENCE WORKING WITH PROFESSIONALS BEYOND THE CLASSROOM, SOLVING REAL-WORLD PROBLEMS. THE CELEBRATED COMMUNITY OF STUDENTS, ALUMNAE, AND FAMILIES PROVIDES A NETWORK OF CONNECTIONS TO HB WOMEN IN LEADERSHIP POSITIONS IN INDUSTRY, ACADEMIA, AND GOVERNMENT.TWENTY YEARS AGO, HATHAWAY BROWN ESTABLISHED THE ASPIRE PROGRAM, A 5-WEEK, TUITION-FREE, EDUCATIONAL SUMMER EXPERIENCE THAT INSTILLS AN EXCITEMENT FOR LEARNING, A KEEN SENSE OF SELF-AWARENESS, A DEEPER UNDERSTANDING OF COMMUNITY, AND EFFECTIVE COMMUNICATION SKILLS FOR THE GIRLS WHO ATTEND. ASPIRE PARTICIPANTS INCLUDE HIGH-ACHIEVING GIRLS IN GRADES 6 THROUGH 8 FROM LOW-INCOME HOUSEHOLDS WHO ATTEND UNDERPERFORMING SCHOOLS. THESE GIRLS GENERALLY LACK EXPERIENCE WITH HIGHER EDUCATION, ACADEMIC ENRICHMENT, AND LEADERSHIP DEVELOPMENT OPPORTUNITIES. THE ASPIRE PROGRAM HAS PROVEN TO BE A SIGNIFICANT ASSET TO YOUNG LADIES STRIVING TO OVERCOME SYSTEMIC RACISM AND THE ACHIEVEMENT GAP. EIGHTY-SEVEN PERCENT OF THE ASPIRE CLASS OF 2014 THAT GRADUATED FROM HIGH SCHOOL IN 2019 ENROLLED IN COLLEGE. 23255753 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 1 83 0 1 425 1 0 0 0 0 0 0 0 0 0 0 0 0 X 29 29 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 0 0 X HATHAWAY BROWN SCHOOL 2163208083 19600 N PARK BOULEVARD SHAKER HEIGHTS OH 44122 NANCY SWEGLER ANTHONY VICE PRESIDENT 1.00 X X 0 0 0 CAROLINE BORROW TRUSTEE 1.00 X 0 0 0 DON BULLOCK TRUSTEE 1.00 X 0 0 0 HELEN RANKIN BUTLER PRESIDENT 1.00 X X 0 0 0 VALDA CLARK CHRISTIAN TRUSTEE 1.00 X 0 0 0 DEBORAH CRAWFORD SECRETARY 1.00 X X 0 0 0 PAUL DANES TRUSTEE 1.00 X 0 0 0 LISA BATTAGLIA FEDOROVICH TRUSTEE 1.00 X 0 0 0 KRISTIN GIBBS TRUSTEE 1.00 X 0 0 0 ASMITA GOLDBLUM TRUSTEE 1.00 X 0 0 0 STEPHANIE SKYLAR HENCH TRUSTEE 1.00 X 0 0 0 RICHARD JESCHELNIG TRUSTEE 1.00 X 0 0 0 CASSANDRA L JOHNSON TRUSTEE 1.00 X 0 0 0 ANNE KENNEDY TRUSTEE 1.00 X 0 0 0 RIDDIANNE KLINE TRUSTEE 1.00 X 0 0 0 JOE KUBIC TRUSTEE 1.00 X 0 0 0 BONNIE MARCUS TRUSTEE 1.00 X 0 0 0 PAUL MATSEN TRUSTEE 1.00 X 0 0 0 MERRY MCDANIEL MCCREARY TRUSTEE 1.00 X 0 0 0 ERIC MORGAN TRUSTEE 1.00 X 0 0 0 ELIZABETH MORTIMER TRUSTEE 1.00 X 0 0 0 AMY NORDSTROM TRUSTEE 1.00 X 0 0 0 ELIZABETH DEMARCO NOVAK TRUSTEE 1.00 X 0 0 0 ED PENTECOST TREASURER 1.00 X X 0 0 0 ROBERT PERRY TRUSTEE 1.00 X 0 0 0 ERICA RIVERA TRUSTEE 1.00 X 0 0 0 MARGARET ROBERTS TRUSTEE 1.00 X 0 0 0 MICHELE JOHNSON ROGERS TRUSTEE 1.00 X 0 0 0 SIMRAN SETHI TRUSTEE 1.00 X 0 0 0 MARY FRAN BISSELLE HEAD OF SCHOOL 40.00 X 404867 0 31869 VALERIE HUGHES CHIEF FINANCIAL OFFICER 40.00 X 164820 0 30242 KATHLEEN GLEYDURA DIR.-MARKETING&COMMUN. 40.00 X 101660 0 20465 SHERI HOMANY ASSOC HEAD OF SCHOOL 40.00 X 110290 0 11674 BARRY KALLMEYER CHIEF INFORMATION OFFICER 40.00 X 111310 0 11655 H WILLIAM CHRIST FORMER HEAD OF SCHOOL 40.00 X 161540 0 0 1054487 0 105905 6 1 1 0 ALL FOR YOU JANITORIAL INC 5454 SIERRA DRIVE UNIT C WILLOUGHBY OH 44094 CLEANING 244448 PRECIOUS CARGO TRANSPORTATION PO BOX 23617 CHAGRIN FALLS OH 44023 TRANSPORTATION 193916 BLACKBAUD PO BOX 844827 BOSTON MA 02284 DATA PROCESSING 186065 AVI FOOD SYSTEMS 2590 ELM ROAD NE WARREN OH 44483 FOOD SERVICES 173325 GRAHAM-PELTON CONSULTING INC 39 BEECHWOOD ROAD SUMMIT NJ 07901 CONSULTING SERVICES 102612 5 936140 5907978 1874357 6844118 TUITION FEES 900099 20930264 20930264 OTHER PROGRAM SVC. REV. 900099 636567 636567 AUX.PROG./SUMMER&ATH.CAMPS 900099 391317 391317 DAY CARE FEES 900099 362190 362190 TRANSPORTATION FEES 900099 32720 32720 22353058 812171 812171 21070187 18961373 2108814 2108814 2108814 32118161 22353058 0 2920985 5276509 5276509 569687 187997 267753 113937 11103338 9752272 653525 697541 690488 557713 81272 51503 1577387 1243455 253839 80093 676461 534217 91329 50915 103702 103702 27265 27265 220083 4253 198789 17041 87764 16665 68425 2674 153313 153313 560039 511967 48072 53012 50682 2330 184708 138018 25571 21119 1427523 1427523 149275 986 148289 PLANT REPAIRS&MAINT. 731814 731814 STATE AID EXPENSE 645631 645631 INSTRUCTIONAL MATERIALS 386174 386174 PROFESSIONAL DEVELOP. 78063 71950 5180 933 2381324 1564614 638498 178212 27083560 23255753 2611509 1216298 10361045 11596378 15927697 10260221 124291 19433 20027 23042 292195 562444 57969642 26542141 22433432 31427501 69820810 78170344 17739568 23255247 37489 111800 136756554 155426410 1723312 3580390 1560836 1841135 7574380 6929388 293795 314162 11152323 12665075 X 40875997 54108885 84728234 88652450 125604231 142761335 136756554 155426410 5034601 12122503 0 X 0 1 X 1 0 X 4049152 15261099 7851603 17731598 6844118 51737570 4049152 15261099 7851603 17731598 6844118 51737570 14640032 37097538 955540 1394459 945333 1299035 812171 5406538 57144108 117105166 0.64920 0.62760 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 56573419 1068785 12143813 618899 1536002 67631116 54816805 1992266 2107795 573016 1770431 56573419 52974273 235065 3849145 523442 1718236 54816805 50359827 1671599 3120339 487398 1690094 52974273 46081225 1207793 5341219 461151 1809259 50359827 0.06903 0.54939 0.38158 0 0 219345 219345 40421355 21796150 18625205 4270514 3276251 994263 13058428 1469740 11588688 31427501 ALTERNATIVE INVESTMENTS 23255247 F 23255247 GIFT ANNUITIES LIABILITY 77199 CUSTODIAL FUNDS 236963 314162 X 38964155 12122503 12122503 26841652 5276509 5276509 32118161 21807051 0 21807051 5276509 5276509 27083560 PART V, LINE 4: INTENDED USE OF ENDOWMENT FUNDS - ENDOWMENT FUNDS ARE APPROPRIATED BASED ON AN APPROVAL PROCESS THROUGH THE BOARD OF TRUSTEES. THE PURPOSE OF THE ENDOWMENT IS TO SUPPORT VARIOUS CURRENT AND FUTURE PROGRAMS AND ACTIVITIES OF THE SCHOOL. PART X, LINE 2: FIN 48 (ASC 740) FOOTNOTE - FEDERAL INCOME TAXES - THE SCHOOL IS A NOT-FOR-PROFIT ORGANIZATION AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS EXEMPT FROM FEDERAL INCOME TAXES. THE SCHOOL FOLLOWS PROVISIONS OF GAAP, WHICH CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN FINANCIAL STATEMENTS. THE PROVISIONS PRESCRIBE CERTAIN CRITERIA FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THERE WERE NO UNRECOGNIZED TAX BENEFITS AS OF JUNE 30, 2021. THE SCHOOL'S INCOME TAX RETURNS REMAIN SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE, AS WELL AS VARIOUS STATE AND LOCAL TAXING AUTHORITIES, GENERALLY FOR THREE YEARS. PART XI, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS WHICH WERE SHOWN AS A REDUCTION OF REVENUE ON THE FINANCIAL STATEMENTS BUT AS AN EXPENSE ON FORM 990 5,276,509. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS WHICH WERE SHOWN AS A REDUCTION OF REVENUE ON THE FINANCIAL STATEMENTS BUT AS AN EXPENSE ON FORM 990 5,276,509. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 HATHAWAY BROWN SCHOOL INCLUDES ITS RACIALLY NONDISCRIMINATORY POLICY IN ITS BROCHURES, NEWSLETTERS, MEDIA NOTICES AND WEBSITE WHICH ARE AVAILABLE TO THE PUBLIC, AND THE SCHOOL ACTIVELY PROMOTES ITS DIVERSITY PROGRAM WHICH IS HIGHLIGHTED ON THE ADMISSIONS PORTION OF THE WEBSITE. SCHEDULE E, PART I, LINE 6 HATHAWAY BROWN SCHOOL RECEIVES FUNDS FROM THE OHIO DEPARTMENT OF EDUCATION TO SUPPORT ACTIVITIES MANDATED BY STATE LAW AND OTHER AUXILIARY SERVICES TO NON-PUBLIC SCHOOLS. THE SCHOOL ALSO RECEIVES REIMBURSEMENT FROM A FEDERAL AGENCY FOR FOOD FOR THE SCHOOL'S SIX-WEEK SUMMER PROGRAM. 1 SCHOLARSHIPS FOR STUDENTS 342 5276509 0 FMV PART I, LINE 2: MONITORING USE OF GRANTS - STUDENTS RECEIVING SCHOLARSHIPS ARE JUDGED WORTHY BY THE SCHOOL'S ASSESSMENT ON THE BASIS OF ACADEMIC ACHIEVEMENT, FINANCIAL NEED AND OTHER SIMILAR STANDARDS WITHOUT REGARD TO RACE, RELIGION OR CREED. OTHER DISBURSEMENTS ARE MADE DIRECTLY FOR SALARY AND SIMILAR EXPENSES INCURRED IN THE ACTIVE CONDUCT OF THE ACTIVITIES CONSTITUTING THE EXEMPT PURPOSE OR FUNCTION FOR WHICH HATHAWAY BROWN SCHOOL IS ORGANIZED AND OPERATED. ALL OTHER DISBURSEMENTS IN FURTHERANCE OF THE SCHOOL'S EXEMPT PROGRAMS ARE MADE IN ACCORDANCE WITH PROCEDURES OR SUBJECT TO CONDITIONS ESTABLISHED BY THE SCHOOL'S GOVERNING BOARD DESIGNED TO INSURE THAT INDIVIDUALS AND ORGANIZATIONS RECEIVING DISBURSEMENTS FROM HATHAWAY BROWN ARE ADEQUATELY INVESTIGATED AND DEEMED TO BE QUALIFYING RECIPIENTS. X 1 1 X X X X X 0 0 0 0 0 0 0 0 0 MARY FRAN BISSELLE HEAD OF SCHOOL 359867 0 0 0 45000 0 18238 0 13631 0 436736 0 0 0 VALERIE HUGHES CHIEF FINANCIAL OFFICER 164820 0 0 0 0 0 16735 0 13507 0 195062 0 0 0 H WILLIAM CHRIST FORMER HEAD OF SCHOOL 161540 0 0 0 0 0 0 0 0 0 161540 0 0 0 PART I, LINE 1A BENEFITS PROVIDED TO CERTAIN INDIVIDUALS - THE SCHOOL PROVIDED A HOUSING ALLOWANCE TO ITS CURRENT HEAD OF SCHOOL, DR. BISSELLE. THE AMOUNT OF THE HOUSING ALLOWANCE WAS $36,000 AND WAS INCLUDED IN DR. BISSELLE'S TAXABLE INCOME. PART II: ADDITIONAL INFORMATION REGARDING COMPENSATION AND BENEFITS - "OTHER REPORTABLE COMPENSATION" OF $45,000 IN COLUMN B(III) FOR DR. BISSELLE CONSISTS OF A HOUSING ALLOWANCE OF $36,000 AND A CAR ALLOWANCE OF $9,000. THESE AMOUNTS ARE INCLUDED IN HER TAXABLE INCOME. "NONTAXABLE BENEFITS" IN COLUMN D OF $13,631 FOR DR. BISSELLE ARE THE EMPLOYER'S SHARE OF WELFARE BENEFITS. ALL COMPENSATION AMOUNTS DISCLOSED FOR THE PERSONS LISTED IN PART VII OF FORM 990 AND SCHEDULE J, PART II REFLECT DATA FOR THE 2020 CALENDAR YEAR INSTEAD OF THE FISCAL YEAR ENDED JUNE 30, 2021, AS REQUIRED BY THE INSTRUCTIONS FOR FORM 990. A COUNTY OF CUYAHOGA OHIO 341408846 2016-12-01 9850000 REFUNDING ISSUE 0 0 0 A 9850000 349000 9501000 2016 1 0 1 1 A 0 0 0 0 0 0 0 A 0 1 0 0 0 0 0 0 0 A 0 X 62 1874357 FAIR MARKET VALUE 0 0 1 1 PART I, LINE 32B: USE OF THIRD PARTIES - THE SCHOOL USES THE SERVICES OF ITS INVESTMENT BROKER TO SELL DONATED SECURITIES. THE FEES CHARGED FOR THIS SERVICE ARE IN ACCORDANCE WITH FAIR MARKET VALUE AND THE FEES CHARGED TO OTHER CUSTOMERS. FORM 990, PART III, LINE 1: HATHAWAY BROWN IS A DYNAMIC AND COMPASSIONATE COMMUNITY DEDICATED TO EXCELLENCE IN THE EDUCATION OF GIRLS. FOR US, EDUCATIONAL EXCELLENCE INCLUDES, BUT REACHES WELL BEYOND, SUPERB PREPARATION FOR COLLEGE. THE TRUE MISSION OF THE SCHOOL, AS REFLECTED IN OUR MOTTO, "NON SCHOLAE SED VITAE DISCIMUS," IS PREPARATION FOR LIFE. WE STRIVE TO FOSTER IN THE MINDS OF OUR STUDENTS AN ABIDING PASSION FOR LEARNING AND IN THEIR HEARTS A CONSTANT DEVOTION TO STRONG CHARACTER AND PUBLIC SERVICE. OUR THEME FOR THE 19-20 SCHOOL YEAR WAS "BUILDING THE FUTURE." THERE IS A GREAT NEED FOR WOMEN OF VISION AND COURAGE WHO ARE EMPOWERED FOR LEADERSHIP IN A MULTICULTURAL AND GLOBALIZED SOCIETY. WE SEEK TO ANSWER THAT NEED BY INSPIRING OUR STUDENTS TO RISE TO THESE CHALLENGES AND ACHIEVE THEIR UTMOST POTENTIAL IN EVERYTHING THEY DO. FORMING THE LIVES OF THE GIRLS IN OUR CARE IS OUR PRIMARY CALLING, HATHAWAY BROWN EMBRACES BROADER ASPIRATIONS AS WELL: TO HELP SHAPE A FUTURE OF UNBOUNDED POSSIBILITY FOR WOMEN; TO STAND AMONG THE COUNTRY'S LEADING SCHOOLS IN EDUCATIONAL INNOVATION; AND TO BE SUCH A FORCE FOR THE COMMON GOOD BEYOND OUR CAMPUS THAT WE ARE RESPECTED AS A CIVIC TREASURE. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 REVIEW - A COPY OF THE FORM 990 IS PROVIDED TO THE AUDIT COMMITTEE BEFORE IT IS FILED WITH THE INTERNAL REVENUE SERVICE. THE AUDIT COMMITTEE HAS AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BOARD OF TRUSTEES. THE FORM 990 IS REVIEWED BY AN INDEPENDENT ACCOUNTING FIRM WITH THE AUDIT COMMITTEE AND THEY APPROVE THE FORM FOR ACCURACY AND COMPLETENESS PRIOR TO ITS FILING. IN ADDITION, A COPY OF THE FORM 990, WITH DONORS' NAMES AND ADDRESSES REDACTED FROM SCHEDULE B, IS PROVIDED TO ALL BOARD MEMBERS VIA THE BOARD PORTAL ON THE SCHOOL'S WEBSITE, PRIOR TO ITS FILING. FORM 990, PART VI, SECTION B, LINE 11B DISTRIBUTION OF FORM 990 TO GOVERNING BODY - AS NOTED ABOVE, THE SCHOOL DISTRIBUTES A COPY OF FORM 990 TO ALL BOARD MEMBERS THROUGH ITS SECURE INTERNET PORTAL BUT REDACTS THE NAMES AND ADDRESSES OF DONORS FROM SCHEDULE B. THE SCHOOL HAS CHOSEN NOT TO DISCLOSE THE IDENTITIES OF ITS DONORS, PARTICULARLY IN CASES IN WHICH THE DONOR WISHES TO REMAIN ANONYMOUS. AS SUCH, WE ARE REQUIRED TO ANSWER THE QUESTION ON LINE 11A "NO" EVEN THOUGH THE BOARD RECEIVES ALL OF FORM 990 EXCEPT FOR DONORS' NAMES AND ADDRESSES. FORM 990, PART VI, SECTION B, LINE 12C MONITORING AND ENFORCEMENT OF CONFLICT POLICY - CONFLICT OF INTEREST FORMS ARE COMPLETED BY ALL MEMBERS OF THE GOVERNING BODY ON AN ANNUAL BASIS. ALL CONFLICT RELATIONSHIPS ARE REVIEWED AND ANY BOARD MEMBER WITH A CONFLICTING INTEREST IS EXCLUDED FROM DECISIONS ON THOSE TRANSACTIONS AND VOTING ON THOSE ISSUES. FORM 990, PART VI, SECTION B, LINE 15A COMPENSATION REVIEW AND APPROVAL - THE COMPENSATION FOR THE HEAD OF SCHOOL OF HATHAWAY BROWN SCHOOL IS DETERMINED AFTER A REVIEW OF LOCAL, REGIONAL AND NATIONAL COMPARABLE COMPENSATION FOR INDEPENDENT SCHOOLS, AND A REVIEW OF THE FORM 990 OF OTHER SIMILAR ORGANIZATIONS. THE FINAL COMPENSATION DECISION IS APPROVED BY THE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES AND DOCUMENTED WITH A WRITTEN EMPLOYMENT CONTRACT. THE COMMITTEE MEMBERS ARE INDEPENDENT OF THE HEAD OF SCHOOL. FORM 990, PART VI, SECTION C, LINE 19 AVAILABILITY OF DOCUMENTS - THE FORM 990 IS MADE AVAILABLE TO THE PUBLIC VIA GUIDESTAR AND ALSO BY REQUEST. ALL OTHER GOVERNING DOCUMENTS, POLICIES, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. BLAZING BARRACUDAS LLC 19600 N PARK BOULEVARD SHAKER HTS OH 44122 831065313 SWIMMING EDUCATION OH -20161 13607 HATHAWAY BROWN SCHOOL