2020-07-08T12:12:59-05:00 2019-06-30 340677006 MALONEY NOVOTNY LLC 1111 SUPERIOR AVE SUITE 700 CLEVELAND OH 441142540 990 2018-07-01 340714426 HATHAWAY BROWN SCHOOL HATH 2169324214 19600 N PARK BOULEVARD SHAKER HEIGHTS OH 44122 DRMARY FRANCES BISSELLE HEAD OF SCHOOL 2169324214 2020-07-07 1 CHRISTOPHER B ANDERSON P00226559 2163630100 104.230.124.67 2020-07-07 17:14:15 ED P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 F31C6E7040B009470829250F0E45C8144456BC5D 2018 2020-11-06 18:47:13Z DRMARY FRANCES BISSELLE 19600 N PARK BOULEVARD SHAKER HEIGHTS OH 44122 45159403 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. 28 28 508 200 0 0 15261099 7851603 24201671 23978936 2502705 2525825 0 0 41965475 34356364 5573810 5322945 0 0 15376615 15257021 0 0 1664333 8104117 8463968 29054542 29043934 12910933 5312430 116732533 123099461 12614168 11691330 104118365 111408131 X SEE SCHEDULE O 0 0 24867908 5322945 23978936 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 837 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 80 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. 87% OF THE CLASS OF 2019 RECEIVED AN OFFER OF ADMISSION TO THEIR TOP-CHOICE SCHOOL (OR A TOP-CHOICE, IF RANKED BY GROUP). STUDENTS RECEIVED OFFERS OF ADMISSION TO EACH INSTITUTION LISTED IN THE U.S. NEWS AND WORLD REPORT 2019 "TOP 10" NATIONAL UNIVERSITIES. 11% OF THE CLASS WAS ADMITTED TO AT LEAST ONE IVY LEAGUE INSTITUTION WITH OFFERS OF ADMISSION COMING FROM ALL EIGHT SCHOOLS IN THAT CONFERENCE. 45% OF THE CLASS RECEIVED AT LEAST ONE OFFER FROM A COLLEGE RECOGNIZED BY THE U.S. NEWS AND WORLD REPORT "TOP 30" NATIONAL UNIVERSITY OR NATIONAL LIBERAL ARTS COLLEGE. STUDENTS RECEIVED OVER $13 MILLION IN MERIT AID, INCLUDING SEVERAL MERIT SCHOLARSHIPS COVERING THE FULL COST OF ATTENDANCE. THE CLASS OF 96 STUDENTS MATRICULATED TO 65 DIFFERENT INSTITUTIONS, THREE OF WHICH ARE OUTSIDE OF THE U.S. THE CLASS INCLUDES THREE NATIONAL MERIT FINALISTS, A REGENERON SCIENCE TALENT SEARCH SCHOLAR, AND A PRESIDENTIAL SCHOLAR.HB'S ATHLETICS PROGRAM HOLDS 18 STATE TEAM CHAMPIONSHIP TITLES, 9 STATE TEAM RUNNER-UP FINISHES, 11 STATE INDIVIDUAL CHAMPIONS, 15 STATE INDIVIDUAL RUNNER-UP TITLES, AND 43 STATE SEMI-FINAL APPEARANCES.THE 2013 BLAZER BASKETBALL TEAM AND 2018 BLAZER TENNIS TEAMS MADE HISTORY WHEN BOTH PROGRAMS BECOME THE ONLY BOYS OR GIRLS TEAM IN OHIO HISTORY TO WIN FIVE CONSECUTIVE STATE CHAMPIONSHIPS. THE 2019 TENNIS TEAM SURPASSED THIS MILESTONE EARNING A 6TH (NON-CONSECUTIVE) STATE TEAM TITLE IN 2019 (2004, '15, '16, '17, '18, '19). THE TENNIS TEAM RECORDED A PERFECT TRIFECTA IN 2016, '17, AND '18, CROWNED STATE TEAM CHAMPIONS AND STATE SINGLES (LAUREN GILLINOV, NICOLE GILLINOV) AND DOUBLES CHAMPIONS (BELLA GODSICK/MEGAN QIANG, ISABELLA DAVERIO/REBECCA WOLF). FROM 2013-2018, THE HB TENNIS PROGRAM EARNED THE STATE INDIVIDUAL TITLE (IRANPOR, L.. GILLINOV, AND N. GILLINOV).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. FROM 2010-2012, MORE THAN 1,200 ATTENDEES TOOK PART IN HB'S SIGNATURE EDUCATION INNOVATION SUMMITS. THESE FACULTY MEMBERS AND ADMINISTRATORS CAME FROM 170 DIFFERENT PUBLIC, INDEPENDENT, CHARTER, AND PAROCHIAL SCHOOLS IN 35 U.S. STATES, THE DISTRICT OF COLUMBIA, AND CANADA. 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.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 837 STUDENTS IN PRESCHOOL THROUGH 12TH GRADE, 41 PERCENT OF WHOM ARE STUDENTS OF COLOR. FORTY-FIVE PERCENT OF STUDENTS RECEIVED FINANCIAL AID AWARDS (GRADES K-12) IN 2018-2019.THE SCHOOL MAINTAINS SMALL CLASS SIZES IN ALL DIVISIONS, AND THE STUDENT:FACULTY RATIO IS 8.0:1. 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, 2019, THE MARKET VALUE OF HB'S ENDOWMENT IS $61.3 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. THE SCHOOL'S UNIQUE ACADEMIC ARCHITECTURE ALLOWS STUDENTS OF ALL AGES TO GAIN AN EXTRAORDINARILY SOUND FOUNDATION IN CORE SUBJECTS AND TO PURSUE THEIR PASSIONS THROUGH THE SIGNATURE INSTITUTE FOR 21ST CENTURY EDUCATION. THE INSTITUTE FOR 21ST CENTURY EDUCATION REIMAGINES TRADITIONAL ACADEMIC ARCHITECTURE AND ALLOWS STUDENTS TO EXPLORE THEIR PASSIONS AND EXPAND THEIR REAL-WORLD SKILLS IN A VARIETY OF DISCIPLINES. THE INSTITUTE IS COMPRISED OF 11 DISTINCT CENTERS RUNNING THE GAMUT FROM CIVIC ENGAGEMENT TO BUSINESS AND FINANCE. SOME OF THE MOST POPULAR PROGRAMS ARE THE CENTER FOR GLOBAL CITIZENSHIP, THE OSBORNE WRITING CENTER, AND THE SCIENCE RESEARCH AND ENGINEERING PROGRAM. COMPLETING ALL CENTER REQUIREMENTS OVER THE COURSE OF THREE TO FOUR YEARS CAN EARN STUDENTS GRADUATION DESIGNATIONS NOT OFTEN SEEN ON HIGH SCHOOL TRANSCRIPTS. 24867908 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 1 119 0 1 508 1 0 0 0 0 0 0 0 0 0 0 0 0 X 28 28 1 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 HEDY KANGESSER ADLER TRUSTEE 1.00 X 0 0 0 NANCY SWEGLER ANTHONY TRUSTEE 1.00 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 TRUSTEE 1.00 X 0 0 0 BILL CHILDS TRUSTEE 1.00 X 0 0 0 DEB CRAWFORD TRUSTEE 1.00 X 0 0 0 PAUL DANES TRUSTEE 1.00 X 0 0 0 DENISE FARKAS TRUSTEE 1.00 X 0 0 0 LISA BATTAGLIA FEDOROVICH TRUSTEE 1.00 X 0 0 0 MARCIA P FLOYD TRUSTEE 1.00 X 0 0 0 MEG FULTON-MUELLER 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 HOBY HANNA 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 RITA AHUJA KHANNA TRUSTEE 1.00 X 0 0 0 BONNIE MARCUS TRUSTEE 1.00 X 0 0 0 HOLLEY MARTENS 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 LAURA SULLIVAN MCKENNA TRUSTEE 1.00 X 0 0 0 LISA MORTIMER TRUSTEE 1.00 X 0 0 0 ELIZABETH DEMARCO NOVAK TRUSTEE 1.00 X 0 0 0 ED PENTECOST TRUSTEE 1.00 X 0 0 0 MICHELE JOHNSON ROGERS TRUSTEE 1.00 X 0 0 0 MANISHA AHUJA SETHI TRUSTEE 1.00 X 0 0 0 MARY FRAN BISSELLE HEAD OF SCHOOL 40.00 X 349217 0 30659 VALERIE HUGHES ASSOC HEAD OF FIN&ADMIN 40.00 X 157375 0 28078 MARY RAINSBERGER DIRECTOR OF ADVANCEMENT 40.00 X 152131 0 25975 SHERI HOMANY ASSOC HEAD OF SCHOOL 40.00 X 103250 0 10918 BARRY KALLMEYER CHIEF INFORMATION OFFICER 40.00 X 106500 0 11114 KATHERINE ZOPATTI DIRECTOR OF PRIME SCHOOL 40.00 X 120686 0 22577 H WILLIAM CHRIST FORMER HEAD OF SCHOOL 40.00 X 161540 0 0 1150699 0 129321 7 1 1 0 PRECIOUS CARGO TRANSPORTATION PO BOX 23617 CHAGRIN FALLS OH 44023 TRANSPORTATION 477911 GRAHAM-PELTON CONSULTING INC 39 BEECHWOOD ROAD SUMMIT NJ 07901 CONSULTING SERVICES 378170 ALL FOR YOU JANITORIAL INC 5454 SIERRA DRIVE UNIT C WILLOUGHBY OH 44094 CLEANING 273000 BLACKBAUD PO BOX 930256 ATLANTA GA 31193 DATA PROCESSING 158086 AVI FOOD SYSTEMS 2590 ELM ROAD NE WARREN OH 44483 FOOD SERVICES 151196 5 998566 6853037 432720 7851603 TUITION FEES 900099 22228983 22228983 OTHER PROGRAM SVC. REV. 900099 685959 685959 AUX.PROG./SUMMER&ATH.CAMPS 900099 533248 533248 DAY CARE FEES 900099 341737 341737 TRANSPORTATION FEES 900099 189009 189009 23978936 945333 945333 12383531 10803039 1580492 1580492 1580492 34356364 23978936 0 2525825 5322945 5322945 475430 156892 95086 223452 11305294 9986648 665463 653183 677560 566606 62925 48029 1941133 1492365 351237 97531 857604 744363 63273 49968 89026 89026 27300 27300 352190 6651 326448 19091 146169 26309 93180 26680 220381 220381 494168 478828 15336 4 330369 283334 47035 404388 278006 39392 86990 1408840 1408840 146518 12956 133562 STATE AID EXPENSE 683351 683351 PLANT REPAIRS&MAINT. 595351 595351 INSTRUCTIONAL MATERIALS 458704 458704 PROFESSIONAL DEVELOP. 242525 200179 38210 4136 2864688 1945199 511255 408234 29043934 24867908 2511693 1664333 9097183 8829596 11773256 12441838 89091 97366 25182 28305 573004 586757 46609185 23682887 23612656 22926298 55660830 62304314 15808887 15835934 92444 49053 116732533 123099461 1542547 1473115 1820218 1637391 8820363 8204372 431040 376452 12614168 11691330 X 39398155 40696759 30301696 36525838 34418514 34185534 104118365 111408131 116732533 123099461 X 5312430 1979077 -1741 X 0 1 X 1 0 X 4582877 4261655 4049152 15261099 7851603 36006386 4582877 4261655 4049152 15261099 7851603 36006386 10295864 25710522 1778520 263809 955540 1394459 945333 5337661 41344047 116623793 0.62190 0.58700 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 52974273 235065 3849145 523442 1718236 54816805 50359827 1671599 3120339 487398 1690094 52974273 46081225 1207793 5341219 461151 1809259 50359827 47788743 1070108 -545548 433284 1798794 46081225 48217118 1574160 752028 371157 2383406 47788743 0.07950 0.62200 0.29850 0 0 219345 219345 39846819 19663382 20183437 3897726 2820577 1077149 2645295 1198928 1446367 22926298 ALTERNATIVE INVESTMENTS 15835934 F 15835934 GIFT ANNUITIES LIABILITY 111024 CUSTODIAL FUNDS 265428 376452 X 31010755 1979077 -1741 1977336 29033419 5322945 5322945 34356364 23720989 0 23720989 5322945 5322945 29043934 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, 2019. THE SCHOOL'S INCOME TAX RETURNS REMAIN SUBJET TO EXAMINATION BY THE INTERNAL REVENUE SERVICE, AS WELL AS VARIOUS STATE AND LOCAL TAXING AUTHORITIES, GENERALLY FOR THREE YEARS. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS -1,741. 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 5,322,945. 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 5,322,945. 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 367 5322945 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 X 0 0 0 0 0 0 0 0 0 MARY FRAN BISSELLE HEAD OF SCHOOL 307217 0 0 0 42000 0 18500 0 12159 0 379876 0 0 0 VALERIE HUGHES ASSOC HEAD OF FIN&ADMIN 157375 0 0 0 0 0 15982 0 12096 0 185453 0 0 0 MARY RAINSBERGER DIRECTOR OF ADVANCEMENT 152131 0 0 0 0 0 15754 0 10221 0 178106 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 $42,000 IN COLUMN B(III) FOR DR. BISSELLE CONSISTS OF A HOUSING ALLOWANCE OF $36,000 AND A CAR ALLOWANCE OF $6,000. THESE AMOUNTS ARE INCLUDED IN HER TAXABLE INCOME. "NONTAXABLE BENEFITS" IN COLUMN D OF $12,159 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 2018 CALENDAR YEAR INSTEAD OF THE FISCAL YEAR ENDED JUNE 30, 2019, 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 42 432720 FAIR MARKET VALUE 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 18-19 SCHOOL YEAR WAS "THE POWER OF YOU IN COMMUNITY." 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 A, LINE 2 REPORTABLE RELATIONSHIP - RITU AHUJA KHANNA, TRUSTEE, AND MANISHA AHUJA SETHI, TRUSTEE, HAVE A FAMILY RELATIONSHIP. 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. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS -1,741. BLAZING BARRACUDAS LLC 19600 N PARK BOULEVARD SHAKER HTS OH 44122 831065313 SWIMMING EDUCATION OH -4819 157 HATHAWAY BROWN SCHOOL