2021-01-08T13:37:16-06:00 2019-06-30 EISNERAMPER LLP 733 THIRD AVENUE NEW YORK NY 100172703 990 2018-07-01 131623915 THE BREARLEY SCHOOL % RAHUL TRIPATHI BREA 2127448582 610 EAST 83RD STREET NY NY 10028 RAHUL TRIPATHI CFO/COO 2127448582 2020-12-15 true CANDICE METH P01306891 2129498700 2018 2022-09-23 18:48:47Z X JANE FOLEY FRIED 610 east 83rd street new york NY 10028 75532438 false X www.brearley.org X 1884 NY THE BREARLEY SCHOOL IS A PRIVATE EDUCATIONAL INSTITUTION IN NEW YORK CITY THAT PROVIDES A QUALITY EDUCATION TO GIRLS IN GRADES K-12. 24 24 366 320 94993 93993 20075593 7686453 35190365 36815903 4210507 5720691 578742 549501 60055207 50772548 5690637 6192756 0 0 27484376 27753574 26600 13125 1938924 12477666 11922430 45679279 45881885 14375928 4890663 337072908 342806374 83830793 84109774 253242115 258696600 THE BREARLEY SCHOOL IS A PRIVATE EDUCATIONAL INSTITUTION IN NEW YORK CITY THAT PROVIDES A QUALITY EDUCATION TO GIRLS IN GRADES K-12. false false 32967756 6192756 36815903 THE BREARLEY SCHOOL CHALLENGES GIRLS OF ADVENTUROUS INTELLECT TO THINK CRITICALLY AND CREATIVELY AND PREPARES THEM FOR ACTIVE, RESPONSIBLE CITIZENSHIP IN A DEMOCRATIC SOCIETY. WITHIN A DIVERSE COMMUNITY AND IN PARTNERSHIP WITH DEDICATED FACULTY WHO TEACH ACROSS THREE DIVISIONS, STUDENTS IN CLASSES K THROUGH XII DEVELOP A COMMAND OF MANY DISCIPLINES AND A LOVE OF LEARNING THROUGH THE PASSIONATE EXCHANGE OF IDEAS. ENCOURAGING GIRLS TO BALANCE INDIVIDUALITY AND COLLABORATION FURTHER PROMOTES THE INTEGRITY ESSENTIAL TO PRINCIPLED ENGAGEMENT IN THE WORLD. 32967756 true true false false false false false false false true true true false false true true false true true false true false false false true false false false true true true false false false false false false false false false false true false false false false true false false false true 124 0 true 366 true true true false false false false true true false false false false false false X 24 24 false false false false false false false true true false false true true true true true true true true false X RAHUL TRIPATHI 2125708579 610 EAST 83RD STREET NEW YORK NY 10028 CHRISTINE FRANKENHOFF ALFARO PRESIDENT 10.0 1.0 X X 0 0 0 CARTER BROOKS SIMONDS SENIOR VICE PRESIDENT 5.0 0.0 X X 0 0 0 DAVID B PHILLIP VICE PRESIDENT 5.0 0.0 X X 0 0 0 JOCELYN E STRAUBER SECRETARY 5.0 0.0 X X 0 0 0 NOAH GOTTDIENER TREASURER 5.0 1.0 X X 0 0 0 REZA ALI TRUSTEE 2.0 0.0 X 0 0 0 GIDEON BERGER TRUSTEE 2.0 0.0 X 0 0 0 SUSAN BERRESFORD TRUSTEE 2.0 0.0 X 0 0 0 NICHOLAS BIENSTOCK TRUSTEE 2.0 0.0 X 0 0 0 ELISABETH CANNELL TRUSTEE 2.0 0.0 X 0 0 0 ELIZABETH R CHANDLER TRUSTEE 2.0 0.0 X 0 0 0 VIRGINIA CONNOR TRUSTEE 2.0 0.0 X 0 0 0 JOSEPH DIMENNA TRUSTEE 2.0 0.0 X 0 0 0 JANE GLADSTONE TRUSTEE 2.0 0.0 X 0 0 0 IVAN M HAGEMAN TRUSTEE 2.0 0.0 X 0 0 0 REBECCA HAILE TRUSTEE 2.0 0.0 X 0 0 0 MUNIB ISLAM TRUSTEE 2.0 0.0 X 0 0 0 STEPHANIE PERLMAN TRUSTEE 2.0 0.0 X 0 0 0 DAVID M RASO TRUSTEE 2.0 0.0 X 0 0 0 PAULA CAMPBELL ROBERTS TRUSTEE 2.0 0.0 X 0 0 0 MODUPE AKINOLA ROBINSON TRUSTEE 2.0 0.0 X 0 0 0 TERRI SELLIGMAN TRUSTEE 2.0 0.0 X 0 0 0 LITA TANDON TRUSTEE 2.0 0.0 X 0 0 0 ANDREW K TSAI TRUSTEE 2.0 0.0 X 0 0 0 JANE FOLEY FRIED HEAD OF SCHOOL 40.0 1.0 X 666709 0 214750 RAHUL TRIPATHI CFO/COO 40.0 0.0 X 380875 0 103855 ANNE BERGEN DIRECTOR OF DEVELOPMENT 40.0 0.0 X 286683 0 28536 TAMMY ZAZURI DIRECTOR OF ATHLETICS 40.0 0.0 X 230314 0 39189 JAMES E MULKIN ASST. HEAD FOR ACADEMIC LIFE 40.0 0.0 X 229760 0 40663 EVELYN SEGAL LIPTON HEAD OF UPPER SCHOOL 40.0 0.0 X 220441 0 39909 MARIA-ANNA ZIMMERMANN HEAD OF LOWER SCHOOL 40.0 0.0 X 211520 0 39374 CAROLYN CLARK DIRECTOR OF COLLEGE ADVISING 40.0 0.0 X 202915 0 23439 2429217 0 529715 70 false true false EW HOWELL 245 NEWTOWN ROAD PLAINVIEW NY 11803 CONSTRUCTION 27697146 KPMB ARCHITECTS 322 KING STREET WEST TORONTO ONTARIO CA M5V1J2 ARCHITECTS 965860 COVINGTON AND BURLING LLP 620 8TH AVENUE SUITE 42 NEW YORK NY 10018 LEGAL SERVICES 545317 GORTON AND PARTNERS 135 NEW ROAD MADISON CT 064430000 CONSTRUCTION CONSULT 436810 CAMBRIDGE ASSOCIATES 125 HIGH STREET BOSTON MA 02110 INVESTMENT CONSULT 251384 8 393303 276783 7016367 958734 7686453 TUITION AND FEES 611710 36563199 36563199 AUXILIARY ACTIVITIES 611710 252704 252704 36815903 2447897 2447897 0 0 531777 531777 0 531777 531777 27917608 24644814 3272794 3272794 77269 3195525 115076 393303 115076 0 0 0 0 0 0 PASS-THRU K-1 INVESTMENT INCOME 525990 17724 17724 17724 50772548 36815903 94993 6175199 0 6192756 6192756 0 0 1761768 528529 704708 528531 0 19383860 14496076 4162357 725427 1798645 1399817 363594 35234 3272047 2394610 724280 153157 1537254 1103497 349182 84575 0 24114 24114 114734 114734 0 13125 13125 490244 490244 0 74784 41841 32943 1177708 350060 823803 3845 536881 103600 433281 0 902354 902354 632975 551254 72636 9085 0 146580 99785 41529 5266 1376736 1376736 0 1592505 1143158 361732 87615 505222 505222 STUDENT ACTIVITIES 523087 523087 FOOD SERVICE 689782 689782 PUBLICATIONS 189300 189300 RECRUITING 138256 138256 2807168 2258250 288797 260121 45881885 32967756 10975205 1938924 10925 3760 50095268 27619560 27718927 18617670 4837820 6985573 0 0 0 0 0 0 0 0 672530 432616 180236627 36601770 108851141 143634857 37615508 49398817 106125494 94776380 0 0 0 0 1145295 1337141 337072908 342806374 10777560 9410600 0 0 22480665 24661529 48754448 48800156 0 0 0 0 0 0 0 0 1818120 1237489 83830793 84109774 X 142091962 146239793 59139666 60322605 52010487 52134202 253242115 258696600 337072908 342806374 X 4890663 1123226 -559404 X false true X true false X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 62661772 412715 2015188 2122684 62966991 60444440 1121300 3386936 373788 1917116 62661772 55989595 336918 6625608 77046 2430635 60444440 56741583 2311089 -886756 87538 2088783 55989595 56387817 929510 1368902 291461 1653185 56741583 0.83000 0.17000 false false 28052870 28052870 52796650 16253966 36542684 19925126 14529818 5395308 7128759 5817986 1310773 72333222 72333222 143634857 LIMITED PARTNERSHIPS 39151270 F HEDGE FUNDS 24432043 F OFFSHORE HEDGE FUNDS 27219578 F LIMITED LIABILITY COMPANY 3973489 F 94776380 0 AGENCY FUNDS 1073360 OBLIGATION 164129 1237489 X 45277436 1123226 64662 1187888 44089548 490244 6192756 6683000 50772548 39822951 624066 624066 39198885 490244 6192756 6683000 45881885 FORM 990, SCHEDULE D, PART V, LINE 4 THE ENDOWMENT CONSISTS OF 143 INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES SUCH AS SCHOLARSHIP, CAPITAL IMPROVEMENT, ETC., DESIGNATED BY DONORS TO BE PERMANENTLY RESTRICTED ENDOWMENT FUNDS. FORM 990, SCHEDULE D, PART X, LINE 2 THE SCHOOL IS SUBJECT TO THE PROVISIONS OF THE FINANCIAL ACCOUNTING STANDARDS BOARD'S (THE "FASB") ACCOUNTING STANDARDS CODIFICATION("ASC") TOPIC 740, INCOME TAXES, AS IT RELATES TO ACCOUNTING AND REPORTING FOR UNCERTAINTY IN INCOME TAXES. FOR THE SCHOOL, THESE PROVISIONS COULD BE APPLICABLE TO THE INCURRENCE OF UNRELATED BUSINESS INCOME TAX ATTRIBUTABLE TO ITS PASS-THRU INCOME GENERATED BY ITS LIMITED PARTNERSHIP INVESTMENTS; BECAUSE THE SCHOOL HAS ALWAYS RECOGNIZED THE LIABILITY RELATED TO THIS UNRELATED BUSINESS INCOME AND BECAUSE OF THE SCHOOL'S GENERAL TAX-EXEMPT STATUS, MANAGEMENT BELIEVES THAT ASC TOPIC 740 HAS NOT HAD, AND IS NOT EXPECTED TO HAVE, A MATERIAL IMPACT ON THE SCHOOL'S CONSOLIDATED FINANCIAL STATEMENTS. RECONCILIATION OF REVENUE AND EXPENSES FORM 990, SCHEDULE D, PART XI, LINE 2D: CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS ($ 283,075) CHANGE IN POST-RETIREMENT BENEFITS - OTHER THAN PERIODIC COSTS 347,737 ---------- TOTAL $ 64,662 ========== FORM 990, SCHEDULE D, PART XI, LINE 4B: SCHOLARSHIPS NETTED AGAINST REVENUE FOR FINANCIAL STATEMENT REPORTING PURPOSES OF $6,192,756. FORM 990, SCHEDULE D, PART XII, LINE 2D: LOSS ON UNCOLLECTIBLE ACCOUNTS OF $624,066. FORM 990, SCHEDULE D, PART XII, LINE 4B: SCHOLARSHIPS NETTED AGAINST REVENUE FOR FINANCIAL STATEMENT REPORTING PURPOSES of $6,192,756. true true true true true true true false false false false false false false false true false true FORM 990, SCHEDULE E, LINE 3 THE SCHOOL PUBLISHES ITS NONDISCRIMINATION POLICY IN VARIOUS PRINT AND ELECTRONIC PUBLICATIONS. FORM 990, SCHEDULE E, LINE 6A THE SCHOOL RECEIVES FUNDS FROM THE NEW YORK STATE DEPARTMENT OF EDUCATION FOR THE PERFORMANCE OF MANDATED SERVICES. Central America and the Caribbean 0 0 Investments none 23195424 Europe (Including Iceland and Greenland) 0 0 Investments NONE 4024154 0 0 0 0 27219578 27219578 true false false false false false FORM 990, SCHEDULE F, PART I, LINE 3, COLUMN (F) AMOUNTS REPORTED USING THE ACCRUAL METHOD OF ACCOUNTING. 2019 Benefit 508379 393303 115076 9200 100625 5251 0 508379 393303 115076 9200 100625 5251 115076 true SCHOLARSHIPS PROVIDED TO STUDENTS 152 6192756 FMV TUITION REDUCTION FORM 990, SCHEDULE I, PART I, LINE 2 FAMILIES WHO REQUEST FINANCIAL ASSISTANCE ARE ASKED TO COMPLETE A PARENTS FINANCIAL STATEMENT (PFS) AND SEND IT TO THE SCHOOL AND STUDENT SERVICE FOR FINANCIAL AID (SSS), AN AFFILIATE OF THE NATIONAL ASSOCIATION OF INDEPENDENT SCHOOLS (NAIS). SSS IS A NATIONWIDE SERVICE THAT ASSISTS THE BREARLEY SCHOOL (AND OTHER INDEPENDENT SCHOOLS) IN PROCESSING REQUESTS FOR FINANCIAL ASSISTANCE. SSS PROVIDES ANALYSES TO ENABLE SCHOOLS TO MAKE CONSISTENT DECISIONS, ALTHOUGH THE ULTIMATE ASSESSMENT OF NEED RESTS WITH THE BREARLEY SCHOOL. PARENTS ARE ALSO ASKED TO SUBMIT FEDERAL TAX RETURNS WITH ALL SCHEDULES AND, IF APPLICABLE, BUSINESS TAX RETURNS AND OTHER SUPPORTING DOCUMENTS. ALL FINANCIAL INFORMATION AND ALL FINANCIAL ASSISTANCE DECISIONS ARE STRICTLY CONFIDENTIAL. SCHOLARSHIPS ARE APPLIED DIRECTLY TO AN AWARDED STUDENT'S ACCOUNT IN THE FORM OF A TUITION REDUCTION. X X true true X X X X X X false true false false false false false false false JANE FOLEY FRIED HEAD OF SCHOOL 666709 0 0 0 128662 86088 881459 0 0 RAHUL TRIPATHI CFO/COO 380875 0 0 0 88738 15117 484730 0 0 ANNE BERGEN DIRECTOR OF DEVELOPMENT 286683 0 0 0 28536 0 315219 0 0 TAMMY ZAZURI DIRECTOR OF ATHLETICS 230314 0 0 0 25161 14028 269503 0 0 JAMES E MULKIN ASST. HEAD FOR ACADEMIC LIFE 229760 0 0 0 26863 13800 270423 0 0 EVELYN SEGAL LIPTON HEAD OF UPPER SCHOOL 220441 0 0 0 26109 13800 260350 0 0 MARIA-ANNA ZIMMERMANN HEAD OF LOWER SCHOOL 211520 0 0 0 24590 14784 250894 0 0 CAROLYN CLARK DIRECTOR OF COLLEGE ADVISING 202915 0 0 0 23439 0 226354 0 0 FORM 990, SCHEDULE J, PART I, LINE 1A UNDER THE TERMS OF THE HEAD OF SCHOOL'S EMPLOYMENT AGREEMENT, SHE IS REQUIRED TO RESIDE IN A SCHOOL OWNED APARTMENT; AS SUCH, PERSONAL USE OF THE PROPERTY MAY OCCUR. THE SCHOOL PAYS FOR A CLEANING SERVICE, AS NEEDED. FORM 990, SCHEDULE J, PART I, LINE 4B THE SCHOOL MAINTAINS A SUPPLEMENTAL RETIREMENT PLAN (THE "PLAN") FOR ITS ELIGIBLE EMPLOYEES. UNDER THE TERMS OF THE PLAN, THE SCHOOL CONTRIBUTES AMOUNTS ON BEHALF OF ELIGIBLE EMPLOYEES, AND SUCH ELIGIBLE EMPLOYEES MAY ALSO ELECT TO CONTRIBUTE TO THE PLAN. DURING CALENDAR 2018, THE SCHOOL CONTRIBUTED $153,158 TO THE PLAN. A BUILD NYC RESOURCE CORPORATION 454040561 2015-09-29 50000000 THE BREARLEY SCHOOL PROJECT false false false A 0 0 50000000 0 0 0 964408 0 0 33218127 15817465 0 false false false true A false false false false 0 false false false true A false false false false false false 0 false false false 0 false true A true X 45 958734 fmv false true true FORM 990, SCHEDULE M, PART I, LINE 32 THE BROKERS HIRED BY THE SCHOOL SELL THE DONATED STOCKS UP0N RECEIPT AND APPROVAL BY THE CFO. AMENDED RETURN FORM 990, HEADER, BOX B, AMENDED RETURN THE FORM 990 IS BEING AMENDED TO REPORT THE BUILD NYC RESOURCES CORPORATION 2015 TAX-EXEMPT REVENUE NOTE FOR "THE BREARLEY SCHOOL PROJECT" ON SCHEDULE K. REVIEW OF FORM 990 FORM 990, PART VI, SECTION B, LINE 11A THE MANAGEMENT OF THE SCHOOL REVIEWS THE DRAFT OF THE FORM 990. UPON ITS SATISFACTION, THE GOVERNING BODY HAS DESIGNATED ITS AUDIT COMMITTEE WITH THE RESPONSIBILITY OF REVIEWING THE FORM 990 AND REPORTING ITS REVIEW TO THE MEMBERS OF THE EXECUTIVE COMMITEE OF THE BOARD FOR APPROVAL. THE APPROVED VERSION OF THE FORM 990 IS DISTRIBUTED TO THE BOARD OF TRUSTEES PRIOR TO ITS FILING WITH THE INTERNAL REVENUE SERVICE. MONITORING OF CONFLICT-OF-INTEREST POLICY FORM 990, PART VI, SECTION B, LINE 12C EACH MEMBER OF THE BOARD OF TRUSTEES AND KEY MEMBERS OF MANAGEMENT ARE REQUIRED TO SIGN AN ACKNOWLEDGEMENT OF COMPLIANCE WITH THE SCHOOL'S CONFLICT-OF-INTEREST POLICY AND TO REPORT ANY POTENTIAL CONFLICTS ON AN ANNUAL BASIS. THIS DOCUMENT IS SIGNED AT THE FIRST BOARD MEETING OF EACH YEAR. DETERMINATION OF COMPENSATION FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION OF THE HEAD OF SCHOOL IS DETERMINED BY THE BOARD OF TRUSTEES USING COMPARABILITY DATA COLLECTED AND KEPT BY AN INDEPENDENT CONSULTANT. THE COMPENSATION OF OTHER OFFICERS AND KEY EMPLOYEES OF THE SCHOOL IS DETERMINED THROUGH A REVIEW OF DATA FROM COMPARABLE EDUCATIONAL INSTITUTIONS AND REVIEWED AND APPROVED BY THE BOARD OF TRUSTEES AS A PART OF THE OVERALL BUDGET PROCESS. AVAILABILITY OF GOVERNING DOCUMENTS FORM 990, PART VI, SECTION C, LINE 19 THE BREARLEY SCHOOL'S GOVERNING DOCUMENTS AND FINANCIAL INFORMATION, WITH THE EXCEPTION OF ITS FEDERAL FORM 990, ARE NOT AVAILABLE TO THE PUBLIC. RECONCILIATION OF NET ASSETS FORM 990, PART XI, LINE 9 - OTHER CHANGES IN NET ASSETS OR FUND BALANCES: CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS $( 283,075) CHANGE IN VALUE OF POST-RETIREMENT BENEFITS - OTHER THAN PERIODIC COSTS 347,737 LOSS ON UNCOLLECTIBLE ACCOUNTS ( 624,066) ------------ TOTAL $( 559,404) ============ FRIENDS OF BREARLEY INC 610 EAST 83RD STREET NEW YORK NY 10028 134088238 CHARITABLE DE 501(C)(3) LN12 TYPE 1 BREARLEY false false false false false false false false false false false false false true true false false false false