2021-07-15T08:20:31-05:00 2020-08-31 420714325 RSM US LLP 80 CITY SQUARE BOSTON MA 02129 990 2019-09-01 042104784 NOBLE AND GREENOUGH SCHOOL NOBL 7813263700 10 CAMPUS DRIVE DEDHAM MA 02026 STEPHEN M GINSBERG CHIEF FIN. & OPERATING OFFICER 7813263700 2021-07-15 1 LYNNE JOHNSON P00757336 6179129000 2019 2022-09-23 18:48:47Z CATHERINE J HALL 10 CAMPUS DRIVE DEDHAM MA 02026 72409095 0 X WWW.NOBLES.EDU X 1866 MA NOBLE AND GREENOUGH SCHOOL PROVIDES INSTRUCTIONAL ACTIVITY TO STUDENTS IN GRADES 7-12. 24 24 645 52 72636 0 13398871 11036716 35282144 33637702 3880429 1293170 341505 268042 52902949 46235630 8043698 8716078 0 0 25570559 25027996 26738 0 2576504 15963693 15201922 49604688 48945996 3298261 -2710366 296315709 301660054 44936317 40423940 251379392 261236114 X NOBLE AND GREENOUGH SCHOOL IS A RIGOROUS ACADEMIC COMMUNITY DEDICATED TO INSPIRING LEADERSHIP FOR THE PUBLIC GOOD. THROUGH MENTORING RELATIONSHIPS, WE MOTIVATE STUDENTS TO ACHIEVE THEIR HIGHEST POTENTIAL AND TO LEAD LIVES CHARACTERIZED BY SERVICE TO OTHERS. THE NOBLES COMMUNITY: GENERATES CRITICAL, CREATIVE, SOCIALLY CONSCIOUS THINKERS; UPHOLDS A COMMITMENT TO DIVERSITY; DEVELOPS CHARACTER AND INTELLECT IN DELIBERATE CONJUNCTION; CULTIVATES PURPOSEFUL CITIZENSHIP ON LOCAL, NATIONAL AND GLOBAL LEVELS; BUILDS INDEPENDENCE AND SELF-RESPECT THROUGH CHALLENGE AND ACHIEVEMENT; ESPOUSES HUMILITY, HUMOR, COLLABORATION, HONESTY AND RESPECT FOR OTHERS AS THE FOUNDATIONS OF A VIBRANT INTELLECTUAL COMMUNITY. 0 0 38885384 8716078 33258333 NOBLE & GREENOUGH SCHOOL: INSTRUCTIONAL ACTIVITY TO STUDENTS FROM GRADE 7 TO 12 - 626 STUDENTS, 144 MEMBERS OF FACULTY. FINANCIAL AID IS GRANTED. 2295773 395841 NOBLES DAY CAMP: 8 WEEK PROGRAM FOR THE GREATER BOSTON COMMUNITY - 254 CAMPERS, 64 STAFF. CAMPERSHIP GRANTED. 388935 35060 ACHIEVE: A TUITION-FREE EDUCATIONAL PROGRAM SERVING LOW-INCOME MIDDLE SCHOOL CHILDREN FROM BOSTON PUBLIC SCHOOLS, ACHIEVE PROVIDES ACADEMIC AND PERSONAL ENRICHMENT THROUGH A RIGOROUS AND ENGAGING SIX-WEEK SUMMER PROGRAM AND ONGOING ACADEMIC YEAR TUTORING AND SUPPORT. ACHIEVE SEEKS TO INCREASE STUDENTS' ACADEMIC SKILLS, MOTIVATION, AND SELF-CONFIDENCE AND PUT THEM ON THE PATH TO COLLEGE - 53 STUDENTS, 23 MEMBERS OF FACULTY. 41570092 1 1 0 0 0 0 0 1 0 1 1 1 0 0 1 1 0 0 1 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 1 121 0 1 645 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 24 24 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 0 1 0 0 MA X X STEPHEN M GINSBERG CFOO 7813207270 10 CAMPUS DRIVE DEDHAM MA 020264099 CATHERINE J HALL HEAD OF SCHOOL 40.00 X 520040 0 145234 JOHN T GIFFORD ASSISTANT HEAD OF SCHOOL 40.00 X 276876 0 158972 STEPHEN M GINSBERG CHIEF FIN. & OPERATING OFFICER 40.00 X 300854 0 60627 GEORGE MALEY CHIEF ADVANCEMENT OFFICER 40.00 X 247392 0 80758 MICHAEL DENNING HEAD OF UPPER SCHOOL 40.00 X 193610 0 97565 BEN SNYDER DIRECTOR OF EXCEL 40.00 X 178539 0 57209 MARK SPENCE DEAN OF STUDENT ENGAGEMENT 40.00 X 174926 0 23413 WILLIAM BUSSEY PROVOST 40.00 X 169565 0 54962 JENNIFER HINES DEAN OF ENROLLMENT MANAGEMENT 40.00 X 169421 0 44367 ROBERT P HENDERSON FORMER HEAD OF SCHOOL 0.00 X 154451 0 0 ANDY JANFAZA TRUSTEE 5.00 X 0 0 0 BRIAN O'NEILL TRUSTEE 5.00 X 0 0 0 BROGHAN CULLY TRUSTEE 5.00 X 0 0 0 DAVID TYRIE TRUSTEE 5.00 X 0 0 0 DEAN ATHANASIA TRUSTEE 5.00 X 0 0 0 GABRIEL GOMEZ TRUSTEE 5.00 X 0 0 0 IAN K LORING TRUSTEE (THRU 6.11.20) 5.00 X 0 0 0 JANET RAPELYE TRUSTEE 5.00 X 0 0 0 JEFFERY ALPAUGH TRUSTEE (THRU 6.11.20) 5.00 X 0 0 0 JENNY SEEMAN TRUSTEE (STARTING 6.11.2020) 5.00 X 0 0 0 KEVIN CALLAGHAN TRUSTEE 5.00 X 0 0 0 MARCI GRIFFITH LOEBER TRUSTEE 5.00 X 0 0 0 MEREDITH MCPHERRON TRUSTEE (THRU 6.11.20) 5.00 X 0 0 0 RANJAY GULATI TRUSTEE 5.00 X 0 0 0 RICK GOODE TRUSTEE 5.00 X 0 0 0 ROBERT PINDERHUGHES TRUSTEE (STARTING 6.11.2020) 5.00 X 0 0 0 SENAM KUMAHIA TRUSTEE 5.00 X 0 0 0 SIMREN SANGHA TRUSTEE 5.00 X 0 0 0 STACY COWAN TRUSTEE 5.00 X 0 0 0 STEVE ELLIS TRUSTEE (STARTING 6.11.2020) 5.00 X 0 0 0 SUZANNE CULLINANE JEPPSON TRUSTEE 5.00 X 0 0 0 DAVID RYAN TRUSTEE (STARTING 6.11.2020) 5.00 X 0 0 0 ANTHONY J DINOVI VICE PRESIDENT 5.00 X X 0 0 0 ELIZABETH M REILLY PRESIDENT (THRU 6.11.20) 5.00 X X 0 0 0 JEFF PATTERSON TREASURER 5.00 X X 0 0 0 JOHN M MONTGOMERY PRESIDENT (STARTING 6.11.2020) 5.00 X X 0 0 0 JILL WALSH CLERK/ SECRETARY 5.00 X X 0 0 0 2385674 0 723107 46 1 1 0 SHAWMUT DESIGN AND CONSTRUCTION 560 HARRISON AVE BOSTON MA 02118 CONSTRUCTION 7653711 FLIK - COMPASS GROUP USA PO BOX 417632 BOSTON MA 02241 FOOD SERVICES 1582853 UG2 LLC PO BOX 5972 SPRINGFIELD MA 011015972 CLEANING SERVICES 343843 LOCAL MOTION INC 66B ROCSAM PARK ROAD BRAINTREE MA 02184 TRANSPORTATION SERVICES 313648 EMCOR SERVICES PO BOX 845286 BOSTON MA 022845286 HVAC SERVICES 280068 19 11036716 501108 11036716 TUITION & FEES 611600 33164833 33164833 SUMMER CAMP 611600 395841 395841 ADMISSIONS APPLICATIONS 611600 54698 54698 SALE OF TEXTBOOKS & RELATED ITEMS 611710 20017 20017 UPWARD BOUND 611710 2313 2313 33637702 2073687 -16976 2090663 90145 87972 2173 2173 2173 25275037 26055554 -780517 -780517 -780517 28400 4340 24060 24060 30321 25599 4722 4722 SPORT ASSOCIATIONS 532000 69990 69990 CAFE REVENUES 900099 64546 64546 PROVISION FOR UNCOLLECTIBLE ACCOU 900099 28323 28323 74228 51207 19622 3399 237087 46235630 33688909 72636 1437369 8716078 8716078 1848692 473951 904295 470446 17864108 15237716 1464319 1162073 1849425 1554101 165186 130138 2131054 1896925 135034 99095 1334717 1072463 155054 107200 15046 15046 77094 77094 975286 975286 1564467 1416994 134137 13336 31453 31453 1306331 1099687 155398 51246 730835 303034 378074 49727 3371274 3263638 71896 35740 34953 34645 154 154 165807 142418 23334 55 843947 842613 891 443 4569561 4356653 130391 82517 342650 331710 7307 3633 ATHLETIC EXPENSE 413556 413318 159 79 DEVELOPMENT EXPENSE 370622 370622 CAMP EXPENSE 179007 179007 ART PROGRAM EXPENSE 101997 101997 108036 101691 6345 48945996 41570092 4799400 2576504 8197468 10761125 11557859 4638741 6401442 4387486 58954 28257 2151 0 160043 145261 1021026 1018238 153760351 50533410 101464167 103226941 86392241 73910980 81060358 103543025 296315709 301660054 5356571 2251994 13177163 12145080 24839279 24491061 1563304 1535805 44936317 40423940 X 114643774 120775767 136735618 140460347 251379392 261236114 296315709 301660054 X -2710366 12238653 328435 X 0 1 X 1 0 X 12974868 14921159 14941343 13398871 11036716 67272957 12974868 14921159 14941343 13398871 11036716 67272957 4460920 62812037 2164663 1994944 1787786 3090678 2180808 11218879 89693 89693 163289 159211 386853 206122 154989 1070464 79651993 164624520 0.78860 0.80440 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER MISCELLANEOUS REVENUE - 2015 AMOUNT: $ 36,111. 2016 AMOUNT: $ 16,303. 2017 AMOUNT: $ 73,029. 2018 AMOUNT: $ 107,927. 2019 AMOUNT: $ 31,722. SPORT ASSOCIATIONS - 2017 AMOUNT: $ 93,413. CAFE REVENUES - 2015 AMOUNT: $ 94,322. 2016 AMOUNT: $ 101,462. 2017 AMOUNT: $ 96,535. 2018 AMOUNT: $ 98,195. 2019 AMOUNT: $ 64,546. SERVICES TO THIRD PARTIES - 2017 AMOUNT: $ 97,683. SNACK BAR INCOME - 2015 AMOUNT: $ 32,856. 2016 AMOUNT: $ 41,446. 2019 AMOUNT: $ 30,321. SPECIAL EVENT GROSS INCOME - 2017 AMOUNT: $ 26,193. 2019 AMOUNT: $ 28,400. SCHEDULE A, PART II: SPECIAL RULE IN SCHEDULE B - THE SCHOOL HISTORICALLY HAS USED THE GREATER THAN $5,000 OR 2% RULE IN REPORTING CONTRIBUTORS IN COMPLIANCE WITH THE SCHEDULE B INSTRUCTIONS. THEREFORE, DUE TO THE BROADLY SUPPORTED NATURE OF THE ORGANIZATION AND DEEMED MEETING THE PUBLIC SUPPORT TEST UNDER CURRENT GUIDANCE, CONTRIBUTORS OVER THE 2% RULE FOR SECTION 509(A)(1) BROADLY SUPPORTED ORGANIZATIONS ARE REPORTED. THE SCHOOL HAS COMPLETED SCHEDULE A, PART II FOR THE PURPOSE OF APPLYING THE SPECIAL RULE ON SCHEDULE B. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 666930 X X EXHIBITION FOR COM. MEETING 0 142198367 3194698 11150381 6629455 149913991 141617293 4599457 2951158 6257628 711914 142198366 132502868 4983449 10562785 5826888 604921 141617293 119641917 5683437 13441935 5655576 608845 132502868 115030037 4043350 6540173 5450004 521639 119641917 0.12700 0.58600 0.28700 0 0 149596527 47498459 102098068 3975627 2789356 1186271 188197 245595 -57398 103226941 SPLIT INTEREST AGREEMENTS 6141602 F ALTERNATIVE INVESTMENTS 97401423 F 103543025 LIABILITY UNDER SPLIT INTEREST AGREEMENTS 1535805 1535805 X 49224925 12238653 -8387643 3851010 45373915 975286 -113571 861715 46235630 39368203 113571 113571 39254632 975286 8716078 9691364 48945996 PART III, LINE 4: THE SCHOOL HAS A COLLECTION OF RARE BOOKS, PORTRAITS, SCULPTURES, AND PAINTINGS WHICH WERE ALL DONATED TO THE SCHOOL FOR EXHIBITION AT THE MEETING ROOMS OF THE SCHOOL. PART V, LINE 4: THE EARNINGS ON THE ENDOWMENT FUNDS ARE TO BE USED TO FUND FINANCIAL AID FOR STUDENTS, FACULTY SALARIES, FINANCIAL AID FOR TRIPS AND FACULTY AND STAFF DEVELOPMENT AS WELL AS TO MAINTAIN AND ENHANCE PROGRAMS AT THE SCHOOL. PART X, LINE 2: THE SCHOOL IS QUALIFIED UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES EXCEPT FOR NET REVENUE FROM UNRELATED BUSINESS ACTIVITIES. THE SCHOOL FOLLOWS FASB ASC 740, "INCOME TAXES", WHICH CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES BY PRESCRIBING THE RECOGNITION THRESHOLD A TAX POSITION IS REQUIRED TO MEET BEFORE BEING RECOGNIZED IN THE FINANCIAL STATEMENTS. THE SCHOOL RECOGNIZES A TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY THE TAXING AUTHORITIES. MANAGEMENT EVALUATED THE SCHOOL'S TAX POSITIONS AND CONCLUDED THAT THE SCHOOL HAD NO MATERIAL UNCERTAINTIES IN INCOME TAXES AS OF AUGUST 31, 2020 AND 2019. THE SCHOOL IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY THE U.S. FEDERAL, STATE OR LOCAL TAX AUTHORITIES FOR THREE YEARS FROM THE FILING DATE. THE SCHOOL WILL ACCOUNT FOR INTEREST AND PENALTIES RELATED TO UNCERTAIN TAX POSITIONS, IF ANY, AS PART OF TAX EXPENSE. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS 328,435. TUITION AND FEES NETTED WITH REVENUE ON FINANCIAL STATEMENTS -2,221,742. FINANCIAL AID NETTED WITH REVENUE ON FINANCIAL STATEMENTS -6,494,336. PART XI, LINE 4B - OTHER ADJUSTMENTS: DIRECT RENTAL EXPENSES REPORTED ON FORM 990, PART VIII, LINE 6B -87,972. COSTS OF GOODS SOLD REPORTED ON FORM 990, PART VIII, LINE 10B -25,599. PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT RENTAL EXPENSES REPORTED ON FORM 990, PART VIII, LINE 6B 87,972. COSTS OF GOODS SOLD REPORTED ON FORM 990, PART VIII, LINE 10B 25,599. PART XII, LINE 4B - OTHER ADJUSTMENTS: TUITION AND FEES NETTED WITH REVENUE ON FINANCIAL STATEMENTS 2,221,742. FINANCIAL AID NETTED WITH REVENUE ON FINANCIAL STATEMENTS 6,494,336. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 IT IS THE POLICY OF NOBLE & GREENOUGH SCHOOL TO ADMIT STUDENTS OF ANY RACE, COLOR, AND NATIONAL OR ETHNIC ORIGIN TO ALL THE RIGHTS, PRIVILEGES, PROGRAMS AND ACTIVITIES GENERALLY ACCORDED OR MADE AVAILABLE TO THE STUDENTS AT THE SCHOOL, AND IT IS THE POLICY OF THE SCHOOL NOT TO DISCRIMINATE ON THE BASIS OF RACE IN ADMINISTRATION OF ITS EDUCATION POLICIES, ADMISSION POLICIES, SCHOLARSHIP AND LOAN PROGRAMS, AND ATHLETIC AND OTHER SCHOOL ADMINSTERED PROGRAM. THE CATALOG OF THE SCHOOL MAKES SUBSTANTIALLY THE SAME STATEMENT. THE SCHOOL ANNUALLY PUBLISHED THE SAME STATEMENT IN A MAJOR BOSTON NEWSPAPER AS A LISTED MEMBER OF THE ASSOCIATION OF INDEPENDENT SCHOOLS OF NEW ENGLAND (AISNE). YARD SALE 28400 28400 4340 28400 28400 4340 4340 24060 1 SCHOLARSHIP 153 6494336 TUITION REMISSION 50 2221742 PART I, LINE 2: NOBLE AND GREENOUGH SCHOOL USES THE PRINCIPLES AND NEEDS ANALYSIS SYSTEM OF THE SCHOOL AND STUDENT SERVICE FOR FINANCIAL AID (SSS) TO DETERMINE THE FINANCIAL ASSISTANCE AWARDS. SSS IS A SERVICE OF THE NATIONAL ASSOCIATION OF INDEPENDENT SCHOOLS. EACH FAMILY SUBMITS A PARENTS' FINANCIAL STATEMENT (PFS) FOR PROCESSING TO SSS. BASED ON THE FINANCIAL INFORMATION PROVIDED BY THE FAMILY, SSS SENDS NOBLE AND GREENOUGH SCHOOL AN ESTIMATED AMOUNT THAT THE FAMILY CAN CONTRIBUTE TO EDUCATIONAL EXPENSES. USING ESTIMATIONS FROM SSS AND INFORMATION IN TAX DOCUMENTS, THE FINANCIAL ASSISTANCE COMMITTEE DETERMINES THE AMOUNT OF ASSISTANCE OFFERED BY NOBLE AND GREENOUGH SCHOOL. X 1 1 X X X X X 0 1 0 0 0 0 0 0 0 CATHERINE J HALL HEAD OF SCHOOL 507106 0 0 0 12934 0 71973 0 73261 0 665274 0 0 0 JOHN T GIFFORD ASSISTANT HEAD OF SCHOOL 265850 0 0 0 11026 0 30800 0 128172 0 435848 0 0 0 STEPHEN M GINSBERG CHIEF FIN. & OPERATING OFFICER 290183 0 0 0 10671 0 30800 0 29827 0 361481 0 0 0 GEORGE MALEY CHIEF ADVANCEMENT OFFICER 236250 0 0 0 11142 0 27544 0 53214 0 328150 0 0 0 MICHAEL DENNING HEAD OF UPPER SCHOOL 191219 0 0 0 2391 0 22126 0 75439 0 291175 0 0 0 BEN SNYDER DIRECTOR OF EXCEL 175125 0 0 0 3414 0 20148 0 37061 0 235748 0 0 0 MARK SPENCE DEAN OF STUDENT ENGAGEMENT 173976 0 0 0 950 0 19213 0 4200 0 198339 0 0 0 WILLIAM BUSSEY PROVOST 166392 0 0 0 3173 0 18751 0 36211 0 224527 0 0 0 JENNIFER HINES DEAN OF ENROLLMENT MANAGEMENT 167504 0 0 0 1917 0 19895 0 24472 0 213788 0 0 0 ROBERT P HENDERSON FORMER HEAD OF SCHOOL 154451 0 0 0 0 0 0 0 0 0 154451 0 0 0 PART I, LINE 1A SINCE THE SCHOOL IS A BOARDING SCHOOL, SOME OF THE FACULTY ARE REQUIRED TO LIVE ON CAMPUS AS A CONDITION OF EMPLOYMENT AND FOR THE CONVENIENCE OF THE EMPLOYER TO SUPERVISE THE STUDENTS, PARTICIPATE IN ACTIVITIES WITH THE STUDENTS AND/OR TO CONDUCT BUSINESS OUTSIDE THE NORMAL BUSINESS HOURS. PART I, LINE 4B THE FOLLOWING EMPLOYEES PARTICIPATED IN A NON-QUALIFIED RETIREMENT PLAN: CATHERINE J. HALL THE SCHOOL HAS A DEFERRED COMPENSATION PLAN FOR THE HEAD OF THE SCHOOL. THE PLAN FOR THE PRIOR HEAD OF THE SCHOOL WAS ORIGINALLY EFFECTIVE JULY 1, 2003 AND THE PLAN FOR THE NEW HEAD OF THE SCHOOL WAS EFFECTIVE ON JULY 1, 2017. BOTH PLANS REQUIRE A MONTHLY CONTRIBUTION BY THE SCHOOL OF A PERCENTAGE OF THE HEAD OF SCHOOL'S GROSS CASH SALARY PAID FOR THE PREVIOUS MONTH. THE PRIOR HEAD OF SCHOOLS CONTRIBUTIONS STOPPED DURING THE YEAR ENDED AUGUST 31, 2018. PLAN FUNDS REMAIN THE PROPERTY OF THE SCHOOL UNTIL THEY ARE DISTRIBUTED. THE EMPLOYER CONTRIBUTION FOR THE YEARS ENDED AUGUST 31, 2020 AND 2019 TOTALED $41,849 AND $41,158, RESPECTIVELY. DURING 2019, THE REMAINING PORTION OF THE PRIOR HEAD OF SCHOOL'S DEFERRED COMPENSATION WAS PAID OUT. THE DEFERRED COMPENSATION OBLIGATION TOTALED $151,301 AND $92,425 AS OF AUGUST 31, 2020 AND 2019, RESPECTIVELY AND IS INCLUDED IN ACCRUED LIABILITIES. A MASS DEVELOPMENT FINANCE AGENCY 043431814 2015-10-06 10935000 SERIES 2011 REFINANCE 0 0 0 B MASS DEVELOPMENT FINANCE AGENCY 043431814 2015-10-06 13844295 CONSTRUCTION OF NEW LIBRARY BUILDING AND RENOVATION OF THE SCIENCE BUILDING 0 0 0 A 10935000 380415 10554585 0 1 1 1 B 1155703 15000000 62590 11349402 3588008 2018 0 0 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 B 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 A 0 1 0 0 0 0 0 0 1 B 0 1 0 0 0 0 0 0 1 A 1 B 1 X 48 501108 FAIR MARKET VALUE 0 0 1 0 PART I, COLUMN (B): FOR THE DONATED SECURITIES, THE ORGANIZATION IS REPORTING THE NUMBER OF GIFTS RECEIVED. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD OF TRUSTEES IS NOTIFIED VIA EMAIL THAT A PUBLIC DISCLOSURE COPY OF THE FORM 990. TRUSTEES ARE EXPECTED TO REVIEW THE FORM 990 BEFORE IT IS FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE SCHOOL'S CONFLICT OF INTEREST POLICY IS MAILED TO ALL OFFICERS, DIRECTORS AND TRUSTEES, AND REVIEWED ORALLY AT THE FIRST BOARD MEETING OF EACH SCHOOL YEAR. ALL OFFICERS, DIRECTORS, AND TRUSTEES ARE REQUIRED TO SIGN A DOCUMENT INDICATING THEY HAVE READ AND UNDERSTAND THE SCHOOL'S CONFLICT OF INTEREST POLICY. THEY ARE ALSO REQUIRED TO DISCLOSE ANY POTENTIAL CONFLICTS OF INTEREST EITHER BEFORE OR DURING THE FIRST BOARD MEETING OF EACH SCHOOL YEAR. THE COMMITTEE CONSISTING OF TRUSTEES REVIEWS ALL DISCLOSURES. OFFICERS, DIRECTORS, AND TRUSTEES ARE REMINDED THAT THEY HAVE AN OBLIGATION TO UPDATE THEIR DISCLOSURES IF ANY POTENTIAL CONFLICTS OF INTEREST ARISE DURING THE YEAR. TYPICALLY, THEY SELF-REPORT ANY POTENTIAL CONFLICTS THAT ARISE BUT IF ANOTHER BOARD MEMBER BECOMES AWARE OF POTENTIAL CONLFICT, HE OR SHE IS ASKED TO RAISE IT WITH THE OFFICER, DIRECTOR, OR TRUSTEE AND A MEMBER OF THE COMMITTEE ON TRUSTEES. FORM 990, PART VI, SECTION B, LINE 15A THERE IS A COMPENSATION COMMITTEE AS WELL AS AN INDEPENDENT CONSULTANT WHO CAREFULLY REVIEW SURVEYS AND OTHER COMPARATIVE INFORMATION IN DETERMINING COMPENSATION FOR THE HEAD OF SCHOOL. THE COMPENSATION COMMITTEE IS APPOINTED BY THE BOARD OF TRUSTEES. THERE ARE WRITTEN EMPLOYMENT LETTERS FOR ALL FACULTY AND ADMINISTRATIVE POSITIONS AT THE SCHOOL. THESE ARE REVIEWED, UPDATED, DISTRIBUTED AND SIGNED ANNUALLY. SALARIES FOR ALL FACULTY AND ADMINISTRATIVE POSITIONS ARE DETERMINED WITHIN THE BAND OF TYPICAL SALARY INCREASE RATES BASED ON THE HEAD OF SCHOOL'S OBSERVED PERFORMANCE, REGULAR EVALUATION PROCESSES, AND ANY CHANGES IN RESPONSIBILITIES. FORM 990, PART VI, SECTION C, LINE 19 THE SCHOOL MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, FINANCIAL STATEMENTS, AND FORM 990 AVAILABLE TO THE GENERAL PUBLIC UPON REQUEST FOR THE SAME PERIOD OF DISCLOSURE AS SET FORTH IN SECTION 6104(D). IF AN INTERESTED PARTY ASKS FOR THESE DOCUMENTS, THE CFOO WILL MAKE A DECISION ABOUT DISTRIBUTION. THE SCHOOL'S FORM 990 IS MADE AVAILABLE VIA GUIDESTAR AND THE MASSACHUSETTS ATTORNEY GENERAL'S WEBSITE. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS 328,435. FORM 990, PART I, LINE 6: THIS IS AN ESTIMATE OF THE CORE GROUP OF PARENTS WHO VOLUNTEER IN THE LIBRARY AND ALSO PARTICIPATE REGULARLY IN THE PARENT ASSOCIATION. THERE ARE PARENT VOLUNTEERS ON AN IRREGULAR BASIS. FOR EXAMPLE, EVERY OTHER YEAR THERE ARE PARENTS WHO VOLUNTEER A COUPLE HOURS AT THE SCHOOL'S YARD SALE. THIS ESTIMATE ALSO INCLUDES THE NUMBER OF BOARD MEMBERS WHO VOLUNTEER THEIR TIME ON THE SCHOOL'S BOARD WITHOUT COMPENSATION. POOLED INCOME FUNDS (2) FIDUCIARY ACTIVITY MA NOBLE AND GREENOUGH SCHOOL T 1 UNITRUSTS (5) FIDUCIARY ACTIVITY MA NOBLE AND GREENOUGH SCHOOL T 1 CHARITABLE REMAINDER UNITRUSTS (3) FIDUCIARY ACTIVITY MA NOBLE AND GREENOUGH SCHOOL T 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0