2019-05-13T12:38:02-05:00 2018-06-30 BLUM SHAPIRO & COMPANY PC ONE INTERNATIONAL PLACE 16TH FLOOR BOSTON MA 02110 990 2017-07-01 060646566 CANTERBURY SCHOOL INC CANT 8602103800 101 ASPETUCK AVENUE NEW MILFORD CT 06776 STEPHEN CARLETON BUSINESS MANAGER 8602103800 2019-05-13 1 LAURA J KENNEY P00202198 6177170831 2019-05-13 64.251.63.131 2019-05-13 11:24:17 ED P A6FE013E361255C01D59685EA5E402E2A66555A4 3C3F3A9A6A2C4A7FAF67B2138946307825C80BAE 2017 2019-02-21 02:37:17Z RACHEL STONE 101 ASPETUCK AVENUE NEW MILFORD CT 06776 49112008 0 X WWW.CBURY.ORG X 1915 CT EDUCATIONAL ORGANIZATION 21 21 211 250 496754 0 3202405 11235057 16942986 17871669 406399 815990 697703 725133 21249493 30647849 4744520 5207525 0 0 10560959 10455216 15058 75663 1639770 7863796 8529688 23184333 24268092 -1934840 6379757 71999068 79793343 21581385 22048165 50417683 57745178 CANTERBURY IS A COLLEGE PREPARATORY, COEDUCATIONAL BOARDING AND DAY SCHOOL GUIDED BY LAY ROMAN CATHOLICS, FOR STUDENTS IN GRADES 9-12. 0 0 18327242 5207525 17981092 INSTRUCTION OF APPROXIMATELY 324 STUDENTS IN GRADES 9-12, INCLUDING STUDENT SERVICES RELATED TO EDUCATION PROGRAMS, LODGING AND MEALS. 18327242 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 0 1 0 1 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 1 0 0 0 1 76 0 1 211 1 1 1 0 0 0 0 1 0 0 0 0 0 X 21 21 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 1 0 0 X STEPHEN CARLETON BUSINESS MANAGER 8602103806 CANTERBURY SCHOOL 101 ASPETUCK AVE NEW MILFORD CT 06776 DOROTHY ALPERT TRUSTEE 1.00 X 0 0 0 KEITH ANGELL TRUSTEE 1.00 X 0 0 0 JAMES BRIGGS TRUSTEE 1.00 X 0 0 0 CAROL LOVELL CARMODY TRUSTEE 1.00 X 0 0 0 MICHAEL CARRETTA SECRETARY 1.00 X X 0 0 0 KAREN CASEY TRUSTEE 1.00 X 0 0 0 HAROLD T CLARK III TRUSTEE 1.00 X 0 0 0 JAY CLARKE TRUSTEE 1.00 X 0 0 0 JOHN DONOVAN VICE PRESIDENT 1.00 X X 0 0 0 MATTHEW DWYER TRUSTEE 1.00 X 0 0 0 DOUGLAS FAMIGLETTI TRUSTEE 1.00 X 0 0 0 KEVIN FEE TRUSTEE 1.00 X 0 0 0 THEODORE HOLLANDER TRUSTEE 1.00 X 0 0 0 SHAWN MATTHEWS TRUSTEE 1.00 X 0 0 0 THOMAS MORRIS TRUSTEE 1.00 X 0 0 0 NANCY MULHEREN TRUSTEE 1.00 X 0 0 0 H NICHOLAS RAGLAND JR TRUSTEE 1.00 X 0 0 0 NICOLE D'AMOUR SCHNEIDER TRUSTEE 1.00 X 0 0 0 ROBERT STEERS PRESIDENT 1.00 X X 0 0 0 NELL WILLIAMS TRUSTEE 1.00 X 0 0 0 PETER J TUCKER TRUSTEE 1.00 X 0 0 0 RACHEL STONE HEAD OF SCHOOL, TREASURER 40.00 X 264054 0 100922 STEPHEN CARLETON BUSINESS MANAGER 40.00 X 174224 0 27850 PETER COTIER ASSOCIATE HEAD OF SCHOOL 40.00 X 130107 0 137425 MATTHEW GLASER DIRECTOR OF INFORMATION TECHNOLOGY 40.00 X 117665 0 30962 JOHN MOYLAN DIRECTOR OF FACILITIES 40.00 X 116865 0 23899 MATTHEW MULHERN DIRECTOR OF ADMISSION 40.00 X 125424 0 49463 GLENN SCHWITTER DIRECTOR OF ADVANCEMENT (UNTIL 1/18) 40.00 X 176581 0 115063 THOMAS SHEEHY III FORMER HEAD OF SCHOOL 0.00 X 225000 0 0 1329920 0 485584 9 1 1 0 SYSCO FOOD SERVICES OF CT 100 INWOOD ROAD ROCKY HILL CT 06067 FOOD SERVICE 273978 HEARST MEDIA SERVICES CT LLC PO BOX 80064 PRESCOTT AZ 86304 MARKETING 185843 THE SLAM COLLABORATIVE INC 80 GLASTONBURY BLVD GLASTONBURY CT 06033 ARCHITECT 168528 PROSMARK PROFESSIONAL CONTRACTORS LLC 9 MULLER ST NEW FAIRFIELD CT 06812 PAINTING/RENOVATION 126648 ALLIED UNIVERSAL SECURITY SERVICES PO BOX 828854 PHILADELPHIA PA 19182 SECURITY 112292 5 62580 11172477 5795910 11235057 TUITION 611710 17625945 17625945 MISC STUDENT CHARGES 611710 230952 230952 STUDENT SERVICES 611710 14772 14772 17871669 659010 -1259 660269 80664 0 80664 80664 80664 18431134 18274154 156980 156980 156980 87831 62580 23225 64606 64606 139207 166780 -27573 -27573 POOL RINK, FIELD HOUSE 713990 344014 109423 234591 SUMMER CAMPS 713990 263422 263422 607436 30647849 17981092 496754 934946 5207525 5207525 616518 142482 413514 60522 121558 121558 7209240 5130078 1413719 665443 1947800 1474183 348816 124801 560100 388977 119392 51731 62449 62449 75663 75663 92575 92575 214293 166210 48083 320050 33239 286811 321870 70541 77930 173399 281855 226750 55105 887794 754625 88779 44390 174203 88460 83572 2171 5543 1001 4128 414 666309 599678 66631 2105201 1789421 210520 105260 320517 320517 PLANT COSTS 1088533 816436 272097 FOOD SERVICE COSTS 557024 557024 SPECIAL EVENTS 402709 183895 15185 203629 MEALS & ENTERTAINMENT 163108 75667 50414 37027 865655 665702 152716 47237 24268092 18327242 4301080 1639770 583088 7450208 3440504 6191118 529805 467814 185822 138788 401574 735431 65994064 32331585 33817791 33662479 32731651 20208251 10939254 308833 0 71999068 79793343 819786 1391410 17616205 17323595 459565 352125 2685829 2981035 21581385 22048165 X 21210001 18846110 4371696 13519586 24835986 25379482 50417683 57745178 71999068 79793343 6379757 947738 0 X 0 1 X 1 0 X 3826438 4919762 5636522 3202405 11235057 28820184 3826438 4919762 5636522 3202405 11235057 28820184 11239835 17580349 622170 1254867 556093 483244 739674 3656048 610 100193 41627 94369 79234 316033 159673 150512 81966 392151 33184416 83846063 0.52980 0.62770 X 31377854 751408 1638040 730070 1769930 142925 31124377 28876963 3225280 2080624 2700000 105013 31377854 28196828 5035721 -1238323 3000000 117263 28876963 29601317 1863424 -4772 3150000 113141 28196828 21995670 4966509 4469081 1750000 79943 29601317 0.14590 0.80720 0.04690 0 0 2079063 2079063 54471243 28198834 26272409 3133078 2616349 516729 6310680 1516402 4794278 33662479 HEDGE FUND 10939254 F 10939254 DEPOSITS AND DEFERRED INCOME 2385298 LIABILITY UNDER SPLIT INTEREST AGREEMENTS 595737 2981035 26408618 947738 166780 1114518 25294100 146224 5207525 5353749 30647849 19081123 166780 166780 18914343 146224 5207525 5353749 24268092 PART V, LINE 4: THE PURPOSE OF THE ENDOWMENT FUND IS TO SUPPORT THE CURRENT AND FUTURE OPERATIONS OF THE SCHOOL THROUGH THE DISBURSEMENT TO THE SCHOOL'S OPERATING FUND OF A PORTION OF THE ENDOWMENT'S INTEREST, DIVIDENDS, AND REALIZED AND UNREALIZED CAPITAL GAINS. THE LEVEL OF THOSE DISBURSEMENTS, KNOWN AS THE "SPENDING RATE", FROM THE ENDOWMENT TO THE OPERATING FUND IS DETERMINED BY THE BOARD OF TRUSTEES. ALL ENDOWMENT RETURNS IN EXCESS OF THOSE DISBURSED TO THE OPERATING FUND ARE REINVESTED. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD NETTED WITH REVENUE ON FORM 990 166,780. PART XI, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 5,207,525. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD NETTED WITH REVENUE ON FORM 990 166,780. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 5,207,525. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 CANTERBURY SCHOOL ADVERTISES IN BOTH INTERNAL AND EXTERNAL PUBLICATIONS ITS POLICY OF NONDISCRIMINATION ON THE BASIS OF RACE, RELIGION, NATIONAL ORIGIN, GENDER OR SEXUAL ORIENTATION. X X X X X 1 GREENWICH LEADERSHIP PARTNERS PO BOX 324 OLD GREENWICH CT 06870 CONSULTING 0 0 34560 0 MICHAEL BURKE 125 CENTRAL AVE RYE NY 10580 CONSULTING 0 0 31103 0 TRINITY ALLIANCE PARTNERS 180 ORVILLE DRIVE BOHEMIA NY 11716 CONSULTING 0 0 10000 0 75663 CT AUCTION 150411 62580 87831 23225 150411 62580 87831 23225 23225 64606 1 FINANCIAL AID FOR TUITION 180 5207525 BOOK FINANCIAL ASSISTANCE PART I, LINE 2: FINANCIAL AID IS PROVIDED THROUGH A REDUCTION OF THE TUITION CHARGES AND IS AWARDED ON AN OBJECTIVE AND NONDISCRIMINATORY BASIS. X X X X 1 1 X X X X X 1 0 0 0 0 0 0 0 0 RACHEL STONE HEAD OF SCHOOL, TREASURER 264054 0 0 0 0 0 15843 0 85079 0 364976 0 0 0 STEPHEN CARLETON BUSINESS MANAGER 174224 0 0 0 0 0 10453 0 17397 0 202074 0 0 0 PETER COTIER ASSOCIATE HEAD OF SCHOOL 130107 0 0 0 0 0 7806 0 129619 0 267532 0 0 0 MATTHEW MULHERN DIRECTOR OF ADMISSION 125424 0 0 0 0 0 7525 0 41938 0 174887 0 0 0 GLENN SCHWITTER DIRECTOR OF ADVANCEMENT (UNTIL 1/18) 176581 0 0 0 0 0 10595 0 104468 0 291644 0 0 0 THOMAS SHEEHY III FORMER HEAD OF SCHOOL 0 0 0 0 225000 0 0 0 0 0 225000 0 0 0 PART I, LINE 1A THE HEAD OF SCHOOL IS REQUIRED TO LIVE ON CAMPUS AS A CONDITION OF EMPLOYMENT. CERTAIN OTHER HIGHLY COMPENSATED EMPLOYEES ARE ALSO PROVIDED ON CAMPUS HOUSING. THE VALUE OF THE HOUSING IS REPORTED AS NONTAXABLE IN SCHEDULE J, PART II, COLUMN (D). CLEANING SERVICES PROVIDED FOR THE HEAD OF SCHOOL RESIDENCE USED FOR SCHOOL BUSINESS PURPOSES IS NOT TREATED AS TAXABLE INCOME. COMPANION TRAVEL FOR THE HEAD OF SCHOOL IS NOT TREATED AS TAXABLE INCOME BECAUSE HER SPOUSE TRAVELED FOR BONA FIDE SCHOOL BUSINESS PURPOSES IN HIS ROLE AS EMPLOYEE OF THE SCHOOL. THE HEAD OF SCHOOL WAS ALSO PROVIDED SOCIAL CLUB INITIATION FEES AND DUES. THE CLUB WAS USED SOLELY FOR SCHOOL BUSINESS PURPOSES IN FISCAL YEAR ENDED 6/30/18. THIS WAS NOT TREATED AS TAXABLE INCOME. PART I, LINE 4A THOMAS SHEEHY III RETIRED AS HEAD OF SCHOOL AS OF 6/30/16. HE RECEIVED A PAYMENT OF $225,000 IN JANUARY 2017. A CT HEALTH AND EDUCATIONAL FACILITIES AUTHORITY 060806186 2015-07-14 10757000 REFINANCING OF SERIES B BOND ISSUE 0 0 0 B CT HEALTH AND EDUCATIONAL FACILITIES AUTHORITY 060806186 2012-12-01 7160000 REFINANCING OF SERIES A BOND ISSUE 0 0 0 A 50797 10757000 206274 10550726 2006 0 1 1 1 B 250000 7160000 143200 7016800 1998 1 0 1 1 A 0 1 0 0 0.02650 0.02650 0 0 1 B 0 1 0 0 0.02650 0.02650 0 0 1 A 0 1 0 0 0 0 0 0 1 B 0 0 1 0 0 0 0 0 1 A 1 B 1 PART II LINE 11 OTHER ISSUANCE COSTS - ISSUER ADMINISTRATIVE FEE, ROUNDING AMOUNT, RESERVE FUND JAMES STONE SPOUSE OF HEAD OF SCHOOL 121558 EMPLOYMENT 0 X 47 5795910 FMV 0 1 0 PART I, COLUMN (B): THE AMOUNT IN COLUMN (B) REPRESENTS THE NUMBER OF CONTRIBUTIONS, NOT THE NUMBER OF SHARES DONATED. FORM 990, PART VI, SECTION A, LINE 8B AGENDAS ARE KEPT AS A RECORD OF THE COMMITTEES' ACTIVITIES. FORM 990, PART VI, SECTION B, LINE 11B THERE IS A SUBSET OF THE AUDIT COMMITTEE INCLUDING THE CHAIR OF THE AUDIT COMMITTEE, THE VICE PRESIDENT OF THE BOARD AND AN ADDITIONAL TRUSTEE, THAT REVIEWS AND APPROVES THE FORM 990. THE FORM 990 IS THEN PROVIDED TO ALL VOTING MEMBERS OF THE BOARD BEFORE FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST QUESTIONNAIRES ARE CIRCULATED TO THE TRUSTEES ANNUALLY AND MAINTAINED BY THE HEAD OF SCHOOL'S ASSISTANT. EMPLOYEES ARE BOUND BY A CONFLICT OF INTEREST POLICY INCLUDED IN THE EMPLOYEE HANDBOOK. FORM 990, PART VI, SECTION B, LINE 15A COMPENSATION FOR THE HEAD OF SCHOOL WAS ORIGINALLY SET BY THE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES WITH INPUT FROM AN OUTSIDE PLACEMENT CONSULTANT, COMPARABLE DATA FROM OTHER SCHOOLS OF SIMILAR SIZE AND A SURVEY OF MARKET CONDITIONS. THE BOARD OF TRUSTEES COMPENSATION COMMITTEE REVIEWS CURRENT DATA FROM THE NATIONAL ASSOCIATION OF INDEPENDENT SCHOOLS AND OTHER INFORMATION AND ADJUSTS THE HEAD OF SCHOOL'S COMPENSATION PACKAGE ANNUALLY. THE COMPENSATION DELIBERATIONS AND DECISIONS ARE DOCUMENTED. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS ARE MADE AVAILABLE UPON REQUEST. CHARITABLE REMAINDER TRUSTS (8) SPLIT INTEREST AGREEMENTS CT N/A T 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0