2021-05-12T16:12:57-05:00 2020-06-30 SMITH & HOWARD PC 271 17TH STREET NW SUITE 1600 ATLANTA GA 30363 990 2019-07-01 620475837 THE MCCALLIE SCHOOL % ELIZABETH THOMPSON MCCA 4236248300 500 DODDS AVENUE CHATTANOOGA TN 37404 ELIZABETH THOMPSON CFO 4046248300 2021-05-17 true SABRE J LINAHAN P01372980 4048746244 2021-05-17 2019 2022-09-23 18:48:47Z A Lee Burns III 500 DODDS AVENUE CHATTANOOGA TN 37404 69102564 false X WWW.MCCALLIE.ORG X 1905 TN For the conduct of a college preparatory school for boys. 19 16 594 500 392716 391716 15134401 8756926 34131772 34757806 5616015 9250571 635457 197175 55517645 52962478 8360335 8825158 0 0 22812252 22735516 0 0 3110323 20553240 13889428 51725827 45450102 3791818 7512376 239980253 246097141 49387261 57584104 190592992 188513037 X MCCALLIE IS A PRIVATE SCHOOL WITH STATE-OF-THE-ART FACILITIES NESTLED ON 100 ACRES ON CHATTANOOGAS MISSIONARY RIDGE. SINCE 1905, MCCALLIE HAS REMAINED COMMITTED TO PROVIDING AN OUTSTANDING COLLEGE PREPARATORY EDUCATION PROGRAM FOR BOYS. false false 37740038 8825158 34757806 MCCALLIE PROVIDED APPROXIMATELY 931 STUDENTS IN 6TH THROUGH 12TH GRADES WITH EDUCATIONAL AND ACADEMIC SERVICES. THERE ARE BOARDING AND DAY STUDENTS PARTICIPATING IN OVER 40 STUDENT-CENTERED ORGANIZATIONS AND AN OUTSTANDING ARRAY OF EXTRA-CURRICULAR ACTIVITIES. THESE INCLUDE NATIONALLY RECOGNIZED PROGRAMS IN ATHLETICS, IN THE ARTS, AND COMMUNITY SERVICE. THESE PROGRAMS PREPARE STUDENTS FOR LIFE THROUGH INSPIRING AND MOTIVATING THEM TO ALWAYS STRIVE FOR EXCELLENCE; PURSUE INTELLECTUAL AND SPIRITUAL TRUTH; LEAD LIVES OF HONOR; ACT RESPONSIBLY IN PERSONAL, FAMILY, AND COMMUNITY RELATIONSHIPS; AND DEMONSTRATE CONCERN FOR THE WELFARE OF OTHERS. 37740038 true true false false false false false false true true true true false false true true true false true false true false true false true false false true true true true false false false false false false false true true true true false false false false true false false false true 158 0 true 594 true true true false false false false true true false false false false false false X 19 16 true false false false false false false true true false false true true true true true true true false false TN X ELIZABETH THOMPSON 4236248300 500 DODDS AVENUE CHATTANOOGA TN 37404 X A Lee Burns III Headmaster 40.0 2.0 X 772800 0 131116 Steven B Hearn VP for Advancement 40.0 0.0 X 227862 0 30797 Kenneth A Sholl Assistant Headmaster 40.0 1.0 X 226814 0 13424 Troy F Kemp Executive Director of the Nati 0.0 10.0 X 215871 0 20066 Craig A Ingvalson Director of Strategic Planning 40.0 0.0 X 146100 0 29637 Scotty L Jones Middle School Principal 40.0 0.0 X 121219 0 48825 Elizabeth A Thompson Chief Financial Officer 40.0 2.0 X 152724 0 13893 Robert K Walker Former Headmaster 1.0 0.0 X 156250 0 0 Ralph J Potter Head Football Coach 40.0 0.0 X 127032 0 28993 David B Conrady Head Basketball Coach 40.0 0.0 X 118775 0 18019 Charles S Anderson Trustee 1.0 0.0 X 0 0 0 Benjamin G Brock Trustee 1.0 0.0 X 0 0 0 Stanley M Brock Trustee 1.0 0.0 X 0 0 0 James W Burns Trustee 1.0 0.0 X 0 0 0 James J Keras III Trustee 1.0 0.0 X 0 0 0 S Elliott Davenport Trustee 1.0 0.0 X 0 0 0 John A Fogarty Jr Trustee 1.0 0.0 X 0 0 0 Sean K Jenkins Trustee 1.0 0.0 X 0 0 0 Graeme M Keith III Trustee 1.0 0.0 X 0 0 0 Charles E Knox II Trustee 1.0 0.0 X 0 0 0 Alan L Lebovitz Trustee 1.0 0.0 X 0 0 0 Glenn H Morris Jr Trustee 1.0 0.0 X 0 0 0 N Carter Newbold IV Trustee 1.0 0.0 X 0 0 0 William Welch Trustee 1.0 0.0 X 0 0 0 Ward Petty Trustee 1.0 0.0 X 0 0 0 James M Ruffin Trustee 1.0 0.0 X 0 0 0 William Turner Trustee 1.0 0.0 X 0 0 0 Nathaniel H Taylor Trustee 1.0 0.0 X 0 0 0 2265447 0 334770 14 true true false Sodexo Inc Affiliates PO Box 536922 ATLANTA GA 303536922 Dining Services 2366070 TKC Management Services 4500 Cameron Valley Pkwy STE 400 CHARLOTTE NC 28211 Physical Plant Mgt 4226327 keith keith ltd 4500 Cameron Valley Pkwy STE 400 CHARLOTTE NC 28211 construction 4045008 tu parks construction company 1207 e 23rd street CHATTANOOGA TN 37408 construction 477757 franklin associates achitects inc 142 n market street CHATTANOOGA TN 37405 ARCHITECT 150039 6 89591 8667335 3060635 8756926 TUITION AND FEES 611600 34757806 34757806 34757806 1430855 1430855 0 0 29126 6518 22608 0 22608 22608 23269397 215000 15535784 128897 7733613 86103 7819716 86103 165162 7568451 75684 89591 77754 -2070 -2070 0 0 0 544541 391133 153408 153408 OTHER REVENUE 611710 23229 -204325 227554 23229 52962478 34639584 392716 9173252 25800 25800 8316738 8316738 482620 482620 0 1707204 840166 620552 246486 0 15568195 13314277 834850 1419068 1696513 834905 616665 244943 2777748 1695540 440667 641541 985856 485169 358349 142338 1851108 1664627 167985 18496 42263 42263 60100 60100 0 0 5612 5612 21788 21788 226548 226548 233272 133450 24438 75384 595074 578728 14711 1635 0 2578638 2118854 442928 16856 432637 341819 30313 60505 0 157190 133526 20165 3499 968838 843733 115730 9375 0 3518397 3166557 316656 35184 534720 209415 306558 18747 SUMMER CAMP EXPENSES 827427 807427 20000 ATHLETICS 644010 642473 1537 STUDENT ACTIVITIES 311267 311267 INSTRUCTIONAL SUPPLIES 287249 287249 593290 279150 139411 174729 45450102 37740038 4599741 3110323 X 13202362 20761733 0 0 15092964 15084419 469964 456106 0 0 0 0 104301 77550 202743 225960 1701291 1260348 126942390 53000705 75716627 73941685 34875924 51914637 97748648 78218573 0 0 0 0 865429 4156130 239980253 246097141 2166956 2141263 0 0 4405338 3581764 35000000 35000000 56810 2161 0 0 0 0 0 0 7758157 16858916 49387261 57584104 X 103053701 100127594 87539291 88385443 190592992 188513037 239980253 246097141 X 7512376 -5039184 5000 -4558147 X X false true X true false X 6583855 23876041 13705614 15134401 8756926 68056837 0 0 6583855 23876041 13705614 15134401 8756926 68056837 15134902 52921935 442359 541696 741829 1200023 1459981 4385888 100781 404537 392716 898034 12785 12753 106530 251017 -204534 178551 73519310 165562202 0.71984 0.72735 X Part II, Line 5 The McCallie School has received unusual grants over the following years: Year Ended 06/30/2016 = $1,229,349 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false true X 141088937 3792990 3958222 1760376 5433498 141646275 141472107 2396098 7207235 1868703 8117800 141088937 135082067 3703284 11814549 1631221 7496572 141472107 116422168 11344317 13482420 1599099 4567739 135082067 125937171 1597924 -5031394 1568369 4496747 16417 116422168 0.50350 0.38760 0.10890 false false 11537388 11537388 88967734 38467973 50499761 9742634 6573925 3168709 16694634 7958807 8735827 73941685 LIMITED PARTNERSHIPS 78218573 F 78218573 0 DEFERRED COMPENSATION 405801 AGENCY FUNDS 454027 LIABILITY FOR PENSION BENEFITS 10008873 LEASES PAYABLE 146865 ANNUITY PAYABLE 343350 LINE OF CREDIT 5500000 16858916 X 40054401 -5039184 -7868869 -12908053 52962454 24 24 52962478 42134356 468887 468887 41665469 24 3784609 3784633 45450102 Part IV, Line 2b McCallie maintains a tuition escrow program in accordance with IRS Code Section 2503(e). Part V, Line 4 McCallie's Endowment is intended to provide support to the institution in perpetuity in such categories as need-based and merit-based financial aid and faculty professional development, as well as to provide unrestricted support to the school. PART X LINE 2 McCallie is recognized as an organization exempt from income taxes under Section 501(c)(3) of the Internal Revenue Code (the "Code). Only unrelated business income, as defined by Section 512(a)(1) of the Code, is subject to income taxes. McCallies unrelated business income is not significant. McCallie annually evaluates all federal and state income tax positions. This process includes an analysis of whether these income tax positions McCallie takes meet the definition of an uncertain tax position under the Income Taxes Topic of the Financial Accounting Standards Codification. As of June 30, 2020 and 2019, McCallie did not recognize liabilities for uncertain tax positions or associated interest and penalties. In general, McCallie is no longer subject to tax examinations for the tax years ended before June 30, 2017. Part XI, Line 2D - Other Adjustments 391,133 Inventory - Cost of goods sold 77,754 + Direct Fundraising Expense 543,430 + Change in value of split interest agreement 3,803 + Bad Debt Expense netted with revenue CY 5,000 + Bad Debt Expense netted with revenue PY 90,631 - Income Tax Expense 8,799,358 - FInancial Aid grants -------------------------- -7,868,869 = Part XII, Line 2D - Other Adjustments 77,754 Direct Fundraising Expense 391,133 + Inventory - cost of goods sold -------------------------- 468,887 = Part XII, Line 4B - Other Adjustments 8,799,358 FINANCIAL AID GRANTS 3,803 - BAD DEBT EXPENSE NETTED WITH REVENUE 4,037,049 - FASB 158 PENSION ADJUSTMENT 90,631 + INCOME TAX EXPENSE INCLUDED IN REVENUE 1,064,528 - investment in joint venture -------------------------- 3,784,609 = true true true true true true true false false false false false false false false false false true Schedule E, Part I, Line 3 Disclosure in registration info packet, newspaper ad. true Europe (Including Iceland and Greenland) Program Services RECRUITING TRIP 2121 Middle East and North Africa Program Services Recruiting Trip 1942 South Asia Program Services Recruiting Trip 9449 Central America and the Caribbean Program Services Recruiting Trip 4130 East Asia and the Pacific Program Services Recruiting Trip 1919 Europe (Including Iceland and Greenland) Grantmaking TUITION DISCOUNT 158229 Central America and the Caribbean Grantmaking TUITION DISCOUNT 149671 Sub-Saharan Africa Grantmaking TUITION DISCOUNT 42102 South America Grantmaking TUITION DISCOUNT 94205 North America Grantmaking TUITION DISCOUNT 38413 Central America and the Caribbean Investments 23350258 23852439 23852439 Tuition Discount Europe (Including Iceland and Greenland) 4 158229 tuition disc FMV Tuition Discount Central America and the Caribbean 7 149671 TUITION disc FMV Tuition Discount Sub-Saharan Africa 1 42102 TUITION disc FMV Tuition Discount South America 2 94205 TUITION disc FMV Tuition Discount North America 1 38413 Tuition disc FMV false false false false false false Part III, Column C Recipients are chosen based on financial need. online auction 89591 89591 23757 basketball tour 75684 75684 4453 5600 43944 0 165275 89591 75684 4453 5600 67701 77754 -2070 true JoeDance Film Festival 615 S College St 9th Floor Charlotte NC 28202 461283481 501(C)(3) 5800 FMV Community Foundation of Greater Chattanooga 1270 Market Street Chattanooga TN 37402 626045999 501(C)(3) 20000 FMV 2 Merit Scholarships 65 1219696 FMV Tuition Credit Need-Based Financial Aid 430 7097042 FMV Tuition Credit Part I, Line 2 Scholarships are applied as discounts. Grants to other organizations are given as unrestricted donations to well-known and reputable organizations. X X X true true X X X X X false true false false false false false true false A Lee Burns III Headmaster 522207 0 0 0 250593 0 83936 0 49679 0 906415 0 250593 0 Steven B Hearn VP for Advancement 207612 0 20250 0 0 0 18058 0 17223 0 263143 0 0 0 Craig A Ingvalson Director of Strategic Planning 135850 0 10250 0 0 0 11851 0 20568 0 178519 0 0 0 Scotty L Jones Middle School Principal 115969 0 5250 0 0 0 10451 0 39534 0 171204 0 0 0 Troy F Kemp Executive Director of the Nati 93371 0 122500 0 0 0 11075 0 9862 0 236808 0 0 0 Ralph J Potter Head Football Coach 126782 0 250 0 0 0 11012 0 19961 0 158005 0 0 0 Kenneth A Sholl Assistant Headmaster 216564 0 10250 0 0 0 11287 0 6921 0 245022 0 0 0 Elizabeth A Thompson Chief Financial Officer 135474 0 17250 0 0 0 12454 0 2160 0 167338 0 0 0 Robert K Walker Former Headmaster 156250 0 0 0 0 0 0 0 6795 0 163045 0 0 0 Part I, Line 1A AS A CONDITION OF EMPLOYMENT, CERTAIN EMPLOYEES ARE REQUIRED TO LIVE CAMPUS IN A RESIDENCE PROVIDED BY THE SCHOOL. CERTAIN EMPLOYEES RECEIVE CLEANING, MAINTENANCE, AND UTILITIES PROVIDED FOR THEIR RESIDENCE AT THE EXPENSE OF THE SCHOOL. The School provides for a social club membership for the headmaster for the transaction of School business. Business use is reimbursed to Headmaster by the School. Part I, Line 4B THE SCHOOL HAS A DEFINED BENEFIT PLAN WHICH WAS FROZEN IN 2005. CERTAIN EMPLOYEES ARE ELIGIBLE TO RECEIVE BENEFITS UNDER THIS PLAN IF THEY MET CERTAIN REQUIREMENTS IN 2005. A. Lee Burns, III participates in a section 457(f) plan and a 457(b) plan. Contributions for the calendar year totaled $44,600 to the 457(f) plan and $19,000 to the 457(b) plan. In 2014, the Board approved and began funding a deferred compensation plan for A. Lee Burns under Internal Revenue Code Section 457(f). The plan is funded annually and vests to the employee over a period of 20 years. As the contributions are funded, the funded amount is reported as non-taxable deferred compensation on Form 990. Taxable compensation is reported to the employee on Form W-2 and on Form 990 as balances in the plan vest. In the current year, A. Lee Burns vested in $250,593 of the balance in his 457(f) plan. This plan is in place to retain individuals key to the successful operations of the organization. Part I, Line 7 THE SCHOOL PAID PERFORMANCE BONUSES TO CERTAIN MEMBERS OF MANAGEMENT DURING 2019-20. A The Health Educational and Housing Facility Boar 521298872 2018-11-01 10000000 See Part VI false false false B The Health Educational and Housing Facility Boar 521298872 2018-11-19 10000000 See Part VI false false false C The Health Educational and Housing Facility Boar 521298872 2018-12-05 10000000 See Part VI false false false D The Health Educational and Housing Facility Boar 521298872 2018-12-21 5000000 See Part VI false false false A 0 0 10000000 0 0 0 0 0 0 0 0 0 2003 true false true true B 0 0 10000000 0 0 0 0 0 0 0 0 0 2003 true false true true C 0 0 10000000 0 0 0 0 0 0 0 0 0 2003 true false true true D 0 0 5000000 0 0 0 0 0 0 0 0 0 2003 true false true true A 0 B 0 C 0 D 0 A false true false false 0 false 0 false true B false true false false 0 false 0 false true C false true false false 0 false 0 false true D false true false false 0 false 0 false true A true B true C true D true Schedule K, Part I, Bond Issues: (a) Full Name of Issuer: The Health, Educational, and Housing Facility Board of the City of Chattanooga, TennesseeBond Issues Listed: A - Educational Facilities Revenue Bonds (The McCallie School Project) Series 2018A B - Educational Facilities Revenue Bonds (The McCallie School Project) Series 2018B C - Educational Facilities Revenue Bonds (The McCallie School Project) Series 2018C D - Educational Facilities Revenue Bonds (The McCallie School Project) Series 2018D (F) DESCRIPTION OF PURPOSE A - THE SERIES 2018A BONDS WERE A REISSUANCE AND CURRENT REFUNDING OF THE ISSUER'S VARIABLE RATE DEMAND REVENUE BONDS (THE MCCALLIE SCHOOL PROJECT) SERIES 2015E DATED october 8, 2015. THE SERIES 2015E BONDS WERE A REISSUANCE AND CURRENT REFUNDING OF THE ISSUER'S VARIABLE RATE DEMAND REVENUE BONDS (THE MCCALLIE SCHOOL PROJECT) SERIES 2015A DATED APRIL 13, 2015. THE SERIES 2015A BONDS WERE A REISSUANCE AND CURRENT REFUNDING OF A PORTION OF THE ISSUER'S EDUCATIONAL FACILITIES REVENUE REFUNDING BONDS ISSUER'S VARIABLE RATE DEMAND REVENUE BONDS (THE MCCALLIE SCHOOL PROJECT) SERIES 1991 DATED JULY 2, 1991 AND A PORTION OF THE ISSUER'S EDUCATIONAL FACILITIES REVENUE REFUNDING BONDS (THE MCCALLIE SCHOOL PROJECT) SERIES 1998 DATED NOVEMBER 19, 1998. THE PROCEEDS OF THE SERIES 1991 BONDS WERE USED FOR ACQUISITION, CONSTRUCTION AND EQUIPPING OF ADDITIONS AND IMPROVEMENTS TO THE ORGANIZATION'S CAMPUS FACILITIES IN CHATTANOOGA, TENNESSEE. THE PROCEEDS OF THE SERIES 1998 BONDS WERE USED FOR AQUISITION AND CONSTRUCTION OF A MIDDLE SCHOOL FACILITY AND RELATED IMPROVEMENTS; ACQUISITION OF BUSES; ACQUISITION AND INSTALLATION OF EQUIPMENT; AND ACQUISITION OF APPROXIMATELY THREE ACRES OF LAND LOCATED ON VARIOUS PARECELS FOR EXPANSION OF THE CAMPUS. B - THE SERIES 2018B BONDS WERE A REISSUANCE AND CURRENT REFUNDING OF THE ISSUER'S VARIABLE RATE DEMAND REVENUE BONDS (THE MCCALLIE SCHOOL PROJECT) SERIES 2015F DATED october 26, 2015. THE SERIES 2015F BONDS WERE A REISSUANCE AND CURRENT REFUNDING OF THE ISSUER'S EDUCATIONAL FACILITIES REVENUE BONDS (THE MCCALLIE SCHOOL PROJECT) SERIES 2015B DATED APRIL 15, 2015. THE SERIES 2015B BONDS WERE A REISSUANCE AND CURRENT REFUNDING OF A PORTION OF THE ISSUER'S EDUCATIONAL FACILITIES REVENUE REFUNDING BONDS (THE MCCALLIE SCHOOL PROJECT) SERIES 2009 DATED OCTOBER 14, 2009. THE PURPOSE OF THE SERIES 2009 BONDS ARE DESCRIBED ABOVE. C - THE SERIES 2018C BONDS WERE A REISSUANCE AND CURRENT REFUNDING OF THE ISSUER'S VARIABLE RATE DEMAND REVENUE BONDS (THE MCCALLIE SCHOOL PROJECT) SERIES 2015G DATED november 12, 2015. THE SERIES 2015G BONDS WERE A REISSUANCE AND CURRENT REFUNDING OF THE ISSUER'S EDUCATIONAL FACILITIES REVENUE BONDS (THE MCCALLIE SCHOOL PROJECT) SERIES 2015C DATED MAY 15, 2015. THE SERIES 2015C BONDS WERE A REISSUANCE AND CURRENT REFUNDING OF A PORTION OF THE ISSUER'S EDUCATIONAL FACILITIES REVENUE REFUNDING BONDS (THE MCCALLIE SCHOOL PROJECT) SERIES 2009 DATED OCTOBER 14, 2009. THE PURPOSE OF THE SERIES 2009 BONDS ARE DESCRIBED ABOVE. D - THE SERIES 2018D BONDS WERE A REISSUANCE AND CURRENT REFUNDING OF THE ISSUER'S VARIABLE RATE DEMAND REVENUE BONDS (THE MCCALLIE SCHOOL PROJECT) SERIES 2015H DATED November 30, 2015. THE SERIES 2015H BONDS WERE A REISSUANCE AND CURRENT REFUNDING OF THE ISSUER'S EDUCATIONAL FACILITIES REVENUE BONDS (THE MCCALLIE SCHOOL PROJECT) SERIES 2015D DATED JUNE 1, 2015. THE SERIES 2015D BONDS WERE A REISSUANCE AND CURRENT REFUNDING OF A PORTION OF THE ISSUER'S EDUCATIONAL FACILITIES REVENUE REFUNDING BONDS (THE MCCALLIE SCHOOL PROJECT) SERIES 2010 DATED MAY 3, 2010. THE PROCEEDS OF THE SERIES 2010 WERE USED TO REFINANCE A PORTION OF THE SERIES 1998 BONDS. THE PURPOSE OF THE SERIES 1998 BONDS ARE DESCRIBED ABOVE. ANDREW BURNS SON-IN-LAW OF KEY EMPLOYEE 10466 Salary and Benefits false Callie Sholl-Burns Daughter of key employee 69470 Salary and Benefits false substantial contributor 35% controlled entity of substantial contributor 2702666 Physical Plant Management false X 58 2942164 FMV X assorted auction items 538 118471 FMV false true true Part I, Column B - Items Contributed Column B reports number of Items Received. Part I, Line 32b The McCallie School uses Benjamin F Edwards & Co as a third party to sell donated stock. form 990, part vi, section a, line 2 JAMES W. BURNS (DIRECTOR) AND A. LEE BURNS (OFFICER) - FAMILY RELATIONSHIP FORM 990, PART VI, SECTION B, LINE 11 THE 990 IS MADE AVAILABLE TO THE FULL BOARD OF TRUSTEES FOR THEIR REVIEW PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C A CONFLICT OF INTEREST FORM IS COMPLETED ANNUALLY BY EACH TRUSTEE AND SENIOR ADMINISTRATOR. POTENTIAL CONFLICTS ARE REVIEWED BY THE AUDIT COMMITTEE. TRUSTEES RECUSE THEMSELVES FROM VOTING ON ANY MATTER WHERE THEY HAVE CONFLICTS. FORM 990, PART VI, SECTION B, LINE 15A THE EXECUTIVE COMMITTEE USES COMPARABILITY INFORMATION PROVIDED BY THE CHIEF FINANCIAL OFFICER IN DETERMINING HEADMASTER COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 COPIES OF DOCUMENTS ARE MAINTAINED BY THE CFO AND PROVIDED UPON REQUEST AS APPROPRIATE. Form 990, Part VII, Section A Troy F. Kemp, Sr. serves as the executive director of the National Center for the Development of Boys ("NCDB ein: 81-3299796). The organization is related 501(C)(3) to the McCallie School. His W-2 issued through by the McCallie School and the NCDB reimburses the school for his compensation. FORM 990, PART X, LINE 15 During 2020, McCallie entered into a joint venture agreement with Girls preparatory school ("GPS") for the design, construction, and operation of a rowing facility consisting of a boathouse and a dock located on the Tennessee River, to be used to accommodate GPS and McCallies respective crew programs. McCallie accounts for its 50% interest in the JV using the equity method of accounting. gps IS AN UNRELaTED 501(C)(3) ORGANIZATION. Form 990, Part XI, Line 9, Changes in Net Assets: 4,037,049 - FASB 158 PENSION ADJUSTMENT 1,064,528 - investment in joint venture 543,430 + SPLIT INTEREST AGREEMENT -------------------------- -4,558,147 = Form 990, Part XII, Line 2C AUDIT COMMITTEE MEETS ANNUALLY WITH AUDITORS, REVIEWS FINANCIAL STATEMENTS, MAKES ANY RECOMMENDATIONS NECESSARY TO BOARD, AND THE BOARD VOTES TO ACCEPT AUDIT AND/OR APPROVES AUDIT COMMITTEE RECOMMENDATIONS. National Center for the Development of B 500 Dodds Ave Chattanooga TN 37404 813299796 research/shar TN 501(C)(3) 7 NA false Charitable Remainder Trust (1) Investment TN NA Trust false true false false false false false false false false false true false true false false true false false National Center for the Development of Boys B 53176 FMV Part II, Line 1, Column G During the year ending June 30, 2016, the National Center for the Development of Boys ("NCDB") was incubated as a program service for the McCallie School, operating to help educators, parents, and mentors learn how to best help boys thrive and learn. The organization has formed into its own nonprofit entity and has been removed as a program service under the school. As of June 30, 2019, NCDB is a controlled section 512(b)(13) organization by McCallie School. Part IV, Line 1, Column C The Charitable Remainder Trusts are Domiciled in Tennessee, Florida, and Colorado.