2019-05-13T12:39:51-05:00 2018-06-30 061009205 BLUM SHAPIRO & COMPANY PC ONE INTERNATIONAL PLACE 16TH FLOOR BOSTON MA 02110 990 2017-07-01 050259009 ST GEORGE'S SCHOOL STGE 4018477565 PO BOX 1910 NEWPORT RI 028400190 ELIZABETH F MCGRATH DIRECTOR OF FINANCE 4018426785 2019-05-04 1 LAURA J KENNEY P00202198 6177170831 2019-05-04 64.251.63.131 2019-05-04 12:49:50 ED P 98FE66D5FEEAE4AEE4AAC49E2936C00910C909ED C2A8F68C24BA4106533A6CD8C72FD917E7C6626D 2017 2019-02-21 02:37:17Z ALEXANDRA H CALLEN PO BOX 1910 NEWPORT RI 028420190 58065552 0 X WWW.STGEORGES.EDU X 1896 RI TO GIVE STUDENTS IN THE GRADES OF 9 THRU 12 THE OPPORTUNITY OF DEVELOPING TO THE FULLEST EXTENT. 26 24 242 250 84770 0 7331200 5201446 20865505 21674790 11201828 10789689 1453849 2267600 40852382 39933525 4570595 4775414 0 0 15002075 14287906 65000 0 1684638 16748509 16027217 36386179 35090537 4466203 4842988 232759284 244631262 49183578 47058021 183575706 197573241 TO GIVE STUDENTS IN THE GRADES OF 9 THRU 12 THE OPPORTUNITY OF DEVELOPING TO THE FULLEST EXTENT POSSIBLE THE PARTICULAR GIFTS THAT ARE THEIRS AND TO ENCOURAGE IN THEM THE DESIRE TO DO SO. 0 0 27740676 4775414 23682225 ST. GEORGE'S SCHOOL PRIMARILY PROVIDES INSTRUCTION AND STUDENT EDUCATION SUPPORT TO STUDENTS IN GRADES 9-12. 27740676 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 0 1 0 1 1 1 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 1 1 0 1 0 1 0 0 0 1 1 0 0 0 1 91 0 1 242 1 1 1 0 0 0 0 1 1 0 0 0 0 X 26 24 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 X ELIZABETH F MCGRATH DIRECTOR OF F 4018426785 372 PURGATORY ROAD MIDDLETOWN RI 02842 TIMOTHY P BURNS SECRETARY 2.00 X X 0 0 0 ALEXANDRA H CALLEN HEAD OF SCHOOL 50.00 X X 182364 0 80171 LESLIE BATHGATE HEANEY CHAIR 2.00 X X 0 0 0 DANA L SCHMALTZ TREASURER 2.00 X X 0 0 0 APRIL S ANDERSON INDIVIDUAL TRUSTEE 2.00 X 0 0 0 RUDOLPHUS BETHEA JR INDIVIDUAL TRUSTEE 2.00 X 0 0 0 SUSAN CARLSON INDIVIDUAL TRUSTEE 2.00 X 0 0 0 PETER COOK INDIVIDUAL TRUSTEE 2.00 X 0 0 0 WILLIAM C DORSEY INDIVIDUAL TRUSTEE 2.00 X 0 0 0 SUSAN K GALLAGHER INDIVIDUAL TRUSTEE 2.00 X 0 0 0 DAVID HALWIG INDIVIDUAL TRUSTEE 2.00 X 0 0 0 CLARE GESUALDO HARRINGTON INDIVIDUAL TRUSTEE 2.00 X 0 0 0 JOSEPH C HOOPES JR INDIVIDUAL TRUSTEE 2.00 X 0 0 0 FRASER L HUNTER JR INDIVIDUAL TRUSTEE 2.00 X 0 0 0 MICHAEL KIM INDIVIDUAL TRUSTEE 2.00 X 0 0 0 JEFFREY J KIMBELL INDIVIDUAL TRUSTEE 2.00 X 0 0 0 RT REV DR W NICHOLAS KNISELY EX OFFICIO HONORARY BOARD 2.00 X 0 0 0 ANTHONY MAYER INDIVIDUAL TRUSTEE 2.00 X 0 0 0 E STANTON MCLEAN INDIVIDUAL TRUSTEE 2.00 X 0 0 0 GEORGE N PETROVAS INDIVIDUAL TRUSTEE 2.00 X 0 0 0 WILLIAM C PRESCOTT JR INDIVIDUAL TRUSTEE 2.00 X 0 0 0 DAVID RANDALL INDIVIDUAL TRUSTEE 2.00 X 0 0 0 LISA COLGATE SCULLY INDIVIDUAL TRUSTEE 2.00 X 0 0 0 JOOYOUNG JENNIFER SHIN INDIVIDUAL TRUSTEE 2.00 X 0 0 0 R STEWART STRAWBRIDGE INDIVIDUAL TRUSTEE 2.00 X 0 0 0 LANGDON VAN NORDEN JR INDIVIDUAL TRUSTEE 2.00 X 0 0 0 ELIZABETH F MCGRATH DIRECTOR OF FINANCE 50.00 X 166171 0 21543 ROBERT WESTON ASSOCIATE HEAD OF SCHOOL/ASST SEC 50.00 X 163388 0 69613 GEORGE W STAPLES DIRECTOR OF OPERATIONS 50.00 X 163060 0 140980 ELIZABETH BICKFORD DEAN OF FACULTY 50.00 X 135662 0 51421 THOMAS P CALLAHAN DIRECTOR OF MERCK-HORTON C 30.00 X 157267 0 36921 JOHN MACKAY ATHLETIC DIRECTOR 50.00 X 106771 0 56284 CYNTHIA MARTIN ASSOCIATE DIRECTOR OF ADVANCEMENT 50.00 X 109164 0 9734 CHRISTOPHER SHAW DEAN OF ACADEMICS 50.00 X 134720 0 65478 ERIC F PETERSON FORMER HEAD OF SCHOOL 0.00 X 459683 0 57187 1778250 0 589332 11 1 1 0 SAGE DINING SERVICES 222 BOSLEY AVE STE B-7 TOWSON MD 21204 MEALS AND COOKING/KITCHEN SERVICES 1902567 ABM JANITORIAL SERVICES PO BOX 419860 BOSTON MA 022419860 CLEANING SERVICES 898559 PARISEAULT BUILDERS 69 ILLINOIS AVE WARWICK RI 02888 BUILDERS, CARPENTRY, ECT 512798 JOHN W BRISTOL & CO INC 48 WALL STREET NEW YORK NY 10005 INVESTMENT MANAGEMENT 314826 COLDMASTERS TEMPERATURE CONTROL 66 WHIPPLE STREET PROVIDENCE RI 02908 SERVICE TECHS ON HVAC & RINK CHILLER 247912 11 108950 5092496 982000 5201446 STUDENT SERVICES 611110 21674790 21674790 21674790 2900919 2900919 25558314 7450 17676994 0 7881320 7450 7888770 7888770 36600 108950 42777 -6177 -6177 593828 412256 181572 181572 MISCELLANEOUS INCOME 900099 2092205 2007435 84770 2092205 39933525 23682225 84770 10965084 4775414 4775414 1114491 162104 722148 230239 59622 59622 9531799 7361952 1486594 683253 779918 606250 114935 58733 2058632 1733084 263383 62165 743444 532095 138133 73216 84424 84424 808896 489544 319352 67400 5268 62132 360795 360795 1818669 1530636 173377 114656 237355 109784 80846 46725 489516 355133 87621 46762 996384 738346 234567 23471 3864204 3287955 554420 21829 543427 452028 7866 83533 187457 137310 28755 21392 1096238 946712 149526 3855872 3411362 444510 483880 92015 391865 DINING SERVICES 862537 752985 1079 108473 PHONE 46886 46196 690 223277 130079 42629 50569 35090537 27740676 5665223 1684638 663985 718158 3902087 4907525 299848 39874 76000 0 301474 211944 227974 218150 615665 559604 126132664 58883922 68471544 67248742 142003121 159934575 15989491 10592935 208095 199755 232759284 244631262 3697767 4773302 3907254 3426013 39494619 38740862 2083938 117844 49183578 47058021 X 46618110 47420924 67380185 78708945 69577411 71443372 183575706 197573241 232759284 244631262 X 4842988 7436148 1718399 X 0 1 X 1 0 X 5816220 9642775 9145585 7331200 5201446 37137226 5816220 9642775 9145585 7331200 5201446 37137226 3712280 33424946 3002651 2799150 2887698 2723210 2900919 14313628 160522 340165 326355 363006 593828 1783876 53234730 105742271 0.62790 0.60630 X SCHEDULE A, PART II, LINE 10, EXPLANATION FOR OTHER INCOME: SALE OF INVENTORY 134961692 7218661 17801226 1577930 4029891 338226 154035532 122855122 1301459 18895415 1511027 6275722 303555 134961692 139858576 4350961 2930828 1596012 22374835 314396 122855122 141838371 992715 3274278 1382331 4536368 328089 139858576 124136104 1138115 25637813 1298682 7455177 319802 141838371 0.10800 0.47400 0.41800 1 0 1809627 1809627 100866200 44091249 56774951 15939097 11715827 4223270 7517740 3076846 4440894 67248742 DUE TO BENEFICIARIES OF SPLIT INTEREST AGREEMENTS 117844 117844 44146714 7436148 2130655 9566803 34579911 5353614 5353614 39933525 30149179 412256 412256 29736923 5353614 5353614 35090537 PART V, LINE 4: THE SCHOOL'S ENDOWMENT CONSISTS OF NUMEROUS FUNDS DONATED OR ESTABLISHED FOR A VARIETY OF PURPOSES. ITS ENDOWMENT FUNDS INCLUDE BOTH DONOR-RESTRICTED ENDOWMENT FUNDS AND UNRESTRICTED FUNDS DESIGNATED BY THE BOARD OF TRUSTEES TO FUNCTION AS ENDOWMENT FUNDS. THE SCHOOL HAS ADOPTED INVESTMENT AND SPENDING POLICIES FOR ENDOWMENT ASSETS THAT INTEND TO PROVIDE A PREDICTABLE STREAM OF FUNDING TO PROGRAMS SUPPORTED BY ITS ENDOWMENT WHILE MAINTAINING THE PURCHASING POWER OF THE ENDOWMENT ASSETS. PART XI, LINE 2D - OTHER ADJUSTMENTS: STORE - COST OF GOODS SOLD 412,256. CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS 1,718,399. PART XI, LINE 4B - OTHER ADJUSTMENTS: STUDENT AID/TUITION REMISSION 5,353,614. PART XII, LINE 2D - OTHER ADJUSTMENTS: STORE - COST OF GOODS SOLD 412,256. PART XII, LINE 4B - OTHER ADJUSTMENTS: STUDENT AID/TUITION REMISSION 5,353,614. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 ST. GEORGE'S SCHOOL ADMITS QUALIFIED STUDENTS OF ANY RELIGION, RACE, COLOR, SEX, SEXUAL ORIENTATION, GENDER IDENTITY, GENDER EXPRESSION, NATIONAL OR ETHNIC ORIGIN, ANCESTRY, OR MENTAL OR PHYSICAL DISABILITY TO ALL THE PROGRAMS AND ACTIVITIES GENERALLY ACCORDED OR MADE AVAILABLE TO STUDENTS AT THE SCHOOL. THE SCHOOL DOES NOT DISCRIMINATE ON THE BASIS OF RELIGION, RACE, COLOR, SEX, SEXUAL ORIENTATION, GENDER IDENTITY, GENDER EXPRESSION, NATIONAL OR ETHNIC ORIGIN, ANCESTRY, MENTAL OR PHYSICAL DISABILITY, OR ANY OTHER STATUS PROTECTED BY APPLICABLE LAW IN THE ADMINISTRATION OF ITS EDUCATIONAL POLICIES, ADMISSIONS, SCHOLARSHIP AND LOAN PROGRAMS, OR ATHLETIC AND OTHER POLICIES AND PROGRAMS. THE NON-DISCRIMINATION POLICY IS PUBLISHED IN THE SCHOOL ADMISSIONS CATALOG, ANNUALLY IN THE LOCAL NEWSPAPER, IN THE STUDENT HANDBOOK, ON ALL EMPLOYMENT APPLICATIONS AND IN THE EMPLOYEE HANDBOOK. EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 0 PROGRAM SERVICES CULTURAL IMMERSION AND SHORT TERM INTERNSHIPS 125890 CENTRAL AMERICA AND THE CARIBBEAN 0 0 PROGRAM SERVICES CULTURAL IMMERSION AND SHORT TERM INTERNSHIPS 38509 CENTRAL AMERICA AND THE CARIBBEAN 0 0 PROGRAM SERVICES CULTURAL IMMERSION & SAILING PROGRAM 418614 0 0 0 0 0 0 583013 0 583013 0 0 0 0 0 0 GOLF OUTING 145550 108950 36600 29384 13393 145550 108950 36600 29384 13393 42777 -6177 1 STUDENT SCHOLARSHIPS - DAY & BOARDING TUITION 109 4654933 FMV CREDITS AGAINST TUITION DUE EDUCATIONAL SUPPLIES 55 3637 102157 FMV LAPTOP COMPUTERS, HEALTH INSURANCE, ETC. MISCELLANEOUS STUDENT AID 19 14687 FMV WRITING, MUSIC, PROGRAM-RELATED TRIPS ABROAD SCHEDULE I, PART I, LINE 2 FINANCIAL AID IS PROVIDED FOR TUITION AND FEES TO STUDENTS WHO DEMONSTRATE FINANCIAL NEED. THE SCHOOL DETERMINES THE NEED THROUGH AN OBJECTIVE AND NONDISCRIMINATORY REVIEW OF INFORMATION PROVIDED BY AN INDEPENDENT THIRD PARTY AS WELL AS DISCUSSIONS WITH THE FAMILY. THE THIRD PARTY COLLECTS AN APPLICANT'S FAMILY FINANCIAL INFORMATION AND SUGGESTS AN AMOUNT THAT THE FAMILY WILL BE ABLE TO CONTRIBUTE TO THE COST TO ATTEND ST. GEORGE'S SCHOOL. THE SCHOOL MAKES THE FINAL DETERMINATION OF THE AMOUNT OF AID THAT WILL BE OFFERED. X X X X 1 1 X X X 1 0 0 0 0 0 0 1 1 1 ALEXANDRA H CALLEN HEAD OF SCHOOL 154348 0 0 0 28016 0 0 0 80171 0 262535 0 0 0 ELIZABETH F MCGRATH DIRECTOR OF FINANCE 165691 0 0 0 480 0 8660 0 12883 0 187714 0 0 0 ROBERT WESTON ASSOCIATE HEAD OF SCHOOL/ASST SEC 157688 0 0 0 5700 0 8400 0 61213 0 233001 0 0 0 GEORGE W STAPLES DIRECTOR OF OPERATIONS 163060 0 0 0 0 0 8159 0 132821 0 304040 0 0 0 ELIZABETH BICKFORD DEAN OF FACULTY 135182 0 0 0 480 0 6906 0 44515 0 187083 0 0 0 THOMAS P CALLAHAN DIRECTOR OF MERCK-HORTON C 157267 0 0 0 0 0 8440 0 28481 0 194188 0 0 0 JOHN MACKAY ATHLETIC DIRECTOR 104656 0 0 0 2115 0 5736 0 50548 0 163055 0 0 0 CHRISTOPHER SHAW DEAN OF ACADEMICS 134220 0 0 0 500 0 7147 0 58331 0 200198 0 0 0 ERIC F PETERSON FORMER HEAD OF SCHOOL 169149 0 80000 0 210534 0 10889 0 46298 0 516870 0 0 0 PART I, LINE 1A THE ORGANIZATION IS A BOARDING HIGH SCHOOL. HOUSING IS PROVIDED TO THE FOLLOWING INDIVIDUALS LISTED ON SCHEDULE J, PART II AS A NON-TAXABLE BENEFIT, INCLUDED IN COLUMN (D), FOR THE CONVENIENCE OF THE ORGANIZATION AS WELL AS A CONDITION OF EMPLOYMENT: ERIC PETERSON, (OUT-GOING HEAD OF SCHOOL), ROBERT WESTON, ELIZABETH BICKFORD, CHRISTOPHER SHAW, GEORGE STAPLES, JOHN MACKAY AND ALEXANDRA H. CALLEN (IN-COMING HEAD OF SCHOOL). HEAD OF SCHOOL, ALEXANDRA H. CALLEN, RECEIVED A TAX GROSS-UP FOR CERTAIN TAXABLE BENEFITS, INCLUDING MOVING REIMBURSEMENTS AND PERSONAL USE OF AUTO. THE TAX-GROSS UP WAS TREATED AS TAXABLE INCOME AND IS INCLUDED IN COLUMN (B)(III). HEAD OF SCHOOL, CALLEN, RECEIVED CLUB DUES TO ENTERTAIN FOR SCHOOL BUSINESS. THIS IS ALSO TREATED AS TAXABLE INCOME AND IS INCLUDED IN COLUMN (B)(III). HEAD OF SCHOOL, CALLEN, RECEIVED REIMBURSEMENT FOR TAX PREPARATION SERVICES. THIS IS ALSO TREATED AS TAXABLE INCOME INCLUDED IN COLUMN (B)(III). PART I, LINE 4A FORMER HEAD OF SCHOOL, ERIC PETERSON, RECEIVED A RETENTION PAYMENT IN THE AMOUNT OF $176,667. PART I, LINE 7 THE FORMER HEAD OF SCHOOL'S BONUS WAS RECOMMENDED BY THE BOARD CHAIR AND SUBSEQUENTLY REVIEWED AND APPROVED BY THE COMPENSATION COMMITTEE, BASED ON ACHIEVEMENT OF PERFORMANCE GOALS. PART I, LINE 8 THE HEAD OF SCHOOL, CALLEN, IS IN THE INITIAL YEAR OF HER CONTRACT. A RHODE ISLAND HEALTH & EDUCATION BUILDING CORPORATION 521300173 000000000 2014-08-28 20000000 SEE PART VI 0 0 0 B RHODE ISLAND HEALTH & EDUCATION BUILDING CORPORATION 521300173 000000000 2014-08-28 15000000 SEE PART VI 0 0 0 C RHODE ISLAND HEALTH & EDUCATION BUILDING CORPORATION 521300173 000000000 2014-08-28 10000000 SEE PART VI 0 0 0 A 1587214 20000000 69530 863470 19067000 1 0 1 1 B 4520800 15000000 60589 11354482 299929 3285000 1 0 1 1 C 10000000 40393 9909607 50000 1 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 C 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 A 0 0 0 1 0 0 0 0 1 B 0 0 0 1 1 0 0 0 1 C 0 0 0 1 0 0 0 0 1 A 1 B 1 C 1 SCHEDULE K, SUPPLEMENTAL INFORMATION THE PROJECTS FOR THE 2014 BONDS CONSIST OF THE FINANCING OF (1) THE PLANNING, ACQUISITION, CONSTRUCTION, EQUIPPING AND FURNISHING OF VARIOUS OF THE BORROWER'S FACILITIES LOCATED AT 372 PURGATORY ROAD IN MIDDLETOWN, RHODE ISLAND, AND ADJACENT AREAS TO BE USED IN FURTHERANCE OF THE SCHOOL'S EDUCATIONAL MISSION AND (2) THE REFINANCING OF THE OUTSTANDING DEBT OF THE SERIES 2010 AND 2003 BONDS. SCHEDULE K, PART II, LINE 11: BOND PROCEEDS WERE USED TO REFUND PRIOR ISSUES. ERIC F PETERSON FORMER HEAD OF SCHOOL MORTGAGE ON PURCHASE OF RESIDENCE X 190000 0 0 1 1 58822 FINANCIAL AID EDUCATION ANN R WESTON SPOUSE OF OFFICER 59623 EMPLOYMENT 0 X 72 982000 FAIR MARKET VALUE 0 1 0 PART I, COLUMN (B): THE NUMBER OF DONATIONS OF PUBLICLY TRADED STOCK REPRESENTS THE NUMBER OF CONTRIBUTIONS RECEIVED. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD CHAIR AND THE CHAIR OF THE AUDIT COMMITTEE REVIEW A COMPLETE COPY OF THE FORM 990, INCLUDING GIFTS, BEFORE FILING WITH THE IRS. THE AUDIT COMMITTEE REVIEWS A DRAFT OF THE FORM 990, EXCLUDING GIFTS, BEFORE FILING. EMAIL NOTIFICATION IS SENT TO ALL TRUSTEES INFORMING THEM THAT THE FINAL VERSION OF THE FORM 990, EXCLUDING GIFTS, HAS BEEN POSTED TO THE TRUSTEES' WEBSITE. FORM 990, PART VI, SECTION B, LINE 12C IN ORDER TO MONITOR AND ENFORCE COMPLIANCE OF THE POLICY, A SIGNED CONFLICT OF INTEREST POLICY IS REQUIRED ON AN ANNUAL BASIS. FORM 990, PART VI, SECTION B, LINE 15 FOR THE HEAD OF SCHOOL, THE ORGANIZATION HIRES AN EDUCATIONAL COMPENSATION CONSULTANT TO WORK ON THE COMPENSATION CONTRACT. IN ADDITION, BENCHMARKING DATA FROM SIMILAR SCHOOLS IS ANALYZED. THE COMPENSATION COMMITTEE REVIEWS AND APPROVES THE FINAL CONTRACT AND TERMS. THE HEAD OF SCHOOL REVIEWS DATA FROM COMPARABLE SCHOOLS TO ENSURE THAT SENIOR MANAGEMENT COMPENSATION IS IN LINE WITH OTHER SIMILAR SCHOOLS. THE COMPENSATION COMMITTEE REVIEWS THE PERTINENT DATA AND THE DECISION PROCESS WITH THE HEAD OF SCHOOL FOR SENIOR MANAGEMENT COMPENSATION. DELIBERATIONS AND DECISIONS REGARDING COMPENSATION ARE DOCUMENTED. FORM 990, PART VI, SECTION C, LINE 19 UPON REQUEST THE SCHOOL MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS 1,718,399. SG HOLDINGS LLC PO BOX 1910 NEWPORT RI 028400190 464361322 FACULTY HOUSING RI 0 2025224 ST GEORGE'S SCHOOL CAMP RAMLEH CO ST GEORGE'S SCHOOL PO BOX 1910 NEWPORT RI 02840 056011655 SUMMER CAMP RI 501(C)(3) LINE 7 N/A 0 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 1 0 0