2019-05-14T14:42:09-05:00 2018-06-30 061009205 BLUM SHAPIRO & COMPANY PC ONE INTERNATIONAL PLACE 16TH FLOOR BOSTON MA 02110 990 2017-07-01 060653119 THE LOOMIS INSTITUTE D/B/A THE LOOMIS CHAFFEE SCHOOL LOOM 8606876000 BATCHELDER ROAD WINDSOR CT 06095 RICHARD ESPOSITO CFO 8606876000 2019-05-14 1 LAURA J KENNEY P00202198 6177170831 2019-05-14 64.251.63.131 2019-05-14 12:29:14 ED P F655607A01BC9414CB150F5C2D5B642F4B7C09E6 F655607A01BC9414CB150F5C2D5B642F4B7C09E6 2017 2020-01-14 16:20:31Z RICHARD ESPOSITO BATCHELDER ROAD WINDSOR CT 06095 93535747 0 X WWW.LOOMIS.ORG X 1874 CT EDUCATION OF HIGH SCHOOL (GRADES 9-12) BOYS AND GIRLS IN A BOARDING AND DAY SCHOOL FORMAT FOR THE PURPOSE OF COLLEGE PREPARATION AND PLACEMENT. 29 26 316 487 679895 0 24912090 18003283 38616630 41062545 4814731 7657469 373288 172984 68716739 66896281 8620348 9179778 0 0 21400400 22489471 0 0 4003340 25582946 24588502 55603694 56257751 13113045 10638530 344092377 373468689 79445788 90917391 264646589 282551298 EDUCATION OF HIGH SCHOOL (GRADES 9-12) BOYS AND GIRLS IN A BOARDING AND DAY SCHOOL FORMAT FOR THE PURPOSE OF COLLEGE PREPARATION AND PLACEMENT. 0 0 44867319 9179778 40406807 EDUCATION OF HIGH SCHOOL (GRADES 9-12) BOYS AND GIRLS IN A BOARDING AND DAY SCHOOL FORMAT FOR THE PURPOSE OF COLLEGE PREPARATION AND PLACEMENT. 44867319 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 0 1 0 1 0 1 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 1 1 0 0 0 1 X 113 0 1 316 1 1 1 1 BD CJ VI 0 0 0 0 0 0 0 0 X 29 26 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 0 0 X RICHARD ESPOSITO 8606876226 4 BATCHELDER RD WINDSOR CT 06095 BRUCE ALEXANDER TRUSTEE 1.00 X 0 0 0 JOEL B ALVORD TRUSTEE 1.00 X 0 0 0 NEVILLE S BOWERS TRUSTEE 1.00 X 0 0 0 JOHN BUSSEL TRUSTEE 1.00 X 0 0 0 PAULINE W CHEN TRUSTEE 1.00 X 0 0 0 CINDY CITRONE TRUSTEE A/O MAY 2018 1.00 X 0 0 0 ERIK A CLIETTE TRUSTEE 1.00 X 0 0 0 KEITH O COWAN TRUSTEE 1.00 X 0 0 0 KRISTEN DELAMATER TRUSTEE 1.00 X 0 0 0 MICHAEL J DUBILIER TRUSTEE 1.00 X 0 0 0 KARIN FINLAY TRUSTEE 1.00 X 0 0 0 GARDNER GILLESPIE TRUSTEE 1.00 X 0 0 0 JASON H KARP TRUSTEE 1.00 X 0 0 0 JOHN T KELLER TRUSTEE 1.00 X 0 0 0 JONATHAN M KELLY TRUSTEE 1.00 X 0 0 0 BRIAN KOO TRUSTEE 1.00 X 0 0 0 RACHEL KORT TRUSTEE 1.00 X 0 0 0 DOUGLAS W LYONS TRUSTEE 1.00 X 0 0 0 DUNCAN AL MACLEAN TRUSTEE 1.00 X 0 0 0 CHRISTOPHER K NORTON TRUSTEE 1.00 X 0 0 0 REGINALD PAIGE SR TRUSTEE 1.00 X 0 0 0 ELIZABETH RICHMOND TRUSTEE 1.00 X 0 0 0 DAVID A ROGAN TRUSTEE 1.00 X 0 0 0 MARY BUCKSBAUM SCANLAN TRUSTEE 1.00 X 0 0 0 AMY EDWARDS TRUSTEE 1.00 X 0 0 0 HARVEY J STRUTHERS JR TRUSTEE 1.00 X 0 0 0 JAMES WALKER TRUSTEE A/O MAY 2018 1.00 X 0 0 0 JAMES L WIDDOES TRUSTEE 1.00 X 0 0 0 SHEILA CULBERT HEAD OF SCHOOL 40.00 X X 409465 0 226480 RICHARD ESPOSITO CHIEF FINANCIAL OFFICER 40.00 X 282065 0 81358 NATHAN FOLLANSBEE DIRECTOR OF EXTERNAL AFFAIRS 40.00 X 260865 0 35855 JULIA KNIGHT BUSINESS MANAGER 40.00 X 134246 0 60819 MARY LISCINSKY DEAN OF STUDENTS 40.00 X 122243 0 47135 TIMOTHY STRUTHERS DIRECTOR OF DEVELOPMENT 40.00 X 176205 0 125276 WEBSTER TRENCHARD ASSISTANT HEADMASTER 40.00 X 146559 0 64673 LYNN PETRILLO DIR. OF ADMISSIONS & COMMUNICATIONS 40.00 X 136740 0 27620 1668388 0 669216 14 0 1 0 NEWFIELD CONSTRUCTION INC 225 NEWFIELD AVE HARTFORD CT 06106 CONSTRUCTION SERVICES 7436291 FLIK COMPASS GROUP PO BOX 417632 BOSTON MA 02241 FOOD SERVICES 1534738 CAMBRIDGE ASSOCIATES LLC PO BOX 83232 CHICAGO IL 60691 INVESTMENT CONSULTANT 405194 JFW INC 18310 MONTGOMERY VILLAGE AVE 240 GAITHERSBURG MD 20879 PROJECT CONSULTING 302040 4 18003283 737169 18003283 TUITION AND FEES 611110 40125594 40125594 SUMMER PROGRAMS 611110 573653 573653 STUDENT ACTIVITIES 611110 281213 281213 FACILITY RENTAL 611110 72427 72427 ICE RINK 611110 9658 9658 41062545 2051749 29446 2022303 31664255 26058535 5605720 5605720 -5289 5611009 753915 580931 172984 172984 66896281 40406807 679895 7806296 9179778 9179778 1285038 645880 360246 278912 294472 294472 15960253 13911690 719570 1328993 3750482 3332975 151174 266333 1199226 971088 82606 145532 219632 219632 56461 56461 2822536 2822536 102856 71999 21600 9257 1942237 1359566 407870 174801 2132601 2132601 4932535 4143329 789206 619992 619992 GENERAL ADMINISTRATIVE 5410465 3787324 1136199 486942 FOOD SERVICES 2584897 2584897 INSTRUCTIONAL 1380358 1380358 DEVELOPMENT 1018098 1018098 1365834 1365834 56257751 44867319 7387092 4003340 5364610 6091303 5040724 8497210 9360501 11261614 269676 331111 196507 288414 202080364 77375502 110227457 124704862 72606107 71679959 141026795 150614216 344092377 373468689 3678585 7046075 18503082 21405946 56617560 61838378 646561 626992 79445788 90917391 X 133000134 145243535 34111219 38865190 97535236 98442573 264646589 282551298 344092377 373468689 X 10638530 7271759 -5581 X 0 1 X 1 0 X 13595503 9482506 8589855 24912090 18003283 74583237 13595503 9482506 8589855 24912090 18003283 74583237 22999966 51583271 2957916 2202129 304525 1810196 2051749 9326515 15215 95311 110526 154116 138933 150933 110574 172984 727540 84747818 183145565 0.60870 0.62200 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER INCOME 204415531 7682299 11809599 3284960 6549000 214073469 174328192 17783629 21208673 3094022 5810941 204415531 190509927 6944160 -4208334 3013689 15903871 174328192 184037822 6721517 6870432 2985282 4134562 190509927 174593365 6154786 13468562 3021990 7156902 184037822 0.41000 0.45000 0.14000 0 0 437687 437687 155056531 59101806 95954725 14815653 11802355 3013298 31770493 6471341 25299152 124704862 INFLATION HEDGING 2218078 F GLOBAL EQUITY 39974502 F FLEXIBLE CAPITAL 46366401 F ABSOLUTE RETURN 31791985 F PRIVATE EQUITY 23156724 F REAL ESTATE 349000 F SHORT-TERM INVESTMENTS 5890922 F SPLIT-INTEREST AGREEMENTS 866604 F 150614216 ANNUITY PAYABLE 405752 AGENCY FUNDS 44574 ASSET RETIREMENT OBLIGATION 176666 626992 62382213 7271759 580931 7852690 54529523 2822536 9544222 12366758 66896281 44477504 580931 580931 43896573 2822536 9538641 12361177 56257750 PART V, LINE 4: THE PURPOSE OF THE ENDOWMENT IS TO PROVIDE RELIABLE AND GROWING SUPPORT FOR THE ONGOING OPERATIONS OF THE SCHOOL. THE PURPOSE OF THE INVESTMENT COMMITTEE IS TO INVEST THE ENDOWMENT TO PRODUCE TWO RESULTS: 1. PROVIDE A RELIABLE AND GROWING STREAM OF SPENDABLE FUNDS. 2. PROTECT AGAINST PERMANENT CAPITAL LOSS, WHILE PRESERVING AND GROWING THE REAL VALUE OF THE CORPUS OVER TIME. PART XI, LINE 2D - OTHER ADJUSTMENTS: BOOKSTORE COST OF GOODS SOLD 580,931. PART XI, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 9,179,778. CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS 5,581. ALLOWANCE FOR NPV DISCOUNT 358,863. PART XII, LINE 2D - OTHER ADJUSTMENTS: BOOKSTORE COST OF GOODS SOLD 580,931. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 9,179,778. ALLOWANCE FOR NPV DISCOUNT 358,863. 1 1 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 POLICY IS DESCRIBED IN SCHOOL REGISTRATION MATERIALS EAST ASIA AND THE PACIFIC FUNDRAISING / PROGRAM SERVICES FUNDRAISING / ADMISSION 29714 EUROPE FUNDRAISING 21496 CENTRAL AMERICA AND THE CARIBBEAN PROGRAM SERVICES ADMISSION 5785 CENTRAL AMERICA AND THE CARIBBEAN INVESTMENTS 96671291 0 0 0 0 0 0 96728286 0 96728286 1 0 1 1 1 0 1 FINANCIAL AID 202 9179778 REDUCTION IN TUITION PART I, LINE 2: FINANCIAL AID IS AVAILABLE FOR QUALIFIED STUDENTS ON THE BASIS OF NEED AS DETERMINED BY THE LOOMIS CHAFFEE SCHOOL. THE SCHOOL UTILIZES THE STANDARDIZED FINANCIAL AID NEED-ANALYSIS FROM THE SCHOOL AND STUDENT SERVICES GUIDELINES, WHICH INCLUDES CONFIDENTIAL INFORMATION PROVIDED BY FAMILIES. THE SCHOLARSHIPS ARE AWARDED IN A NONDISCRIMINATORY MANNER. ALL SCHOLARSHIPS ARE MADE DIRECTLY AS CREDITS AGAINST STUDENT ACCOUNTS AND NO CASH REFUNDS ARE ISSUED FOR ANY PURPOSE. X X 1 1 X X X 0 1 0 0 0 0 0 1 0 SHEILA CULBERT HEAD OF SCHOOL 409465 0 0 0 0 0 205000 0 21480 0 635945 0 0 0 RICHARD ESPOSITO CHIEF FINANCIAL OFFICER 269047 0 13018 0 0 0 27000 0 54358 0 363423 0 0 0 NATHAN FOLLANSBEE DIRECTOR OF EXTERNAL AFFAIRS 247532 0 13333 0 0 0 24110 0 11745 0 296720 0 0 0 JULIA KNIGHT BUSINESS MANAGER 134246 0 0 0 0 0 15147 0 45672 0 195065 0 0 0 MARY LISCINSKY DEAN OF STUDENTS 122243 0 0 0 0 0 12849 0 34286 0 169378 0 0 0 TIMOTHY STRUTHERS DIRECTOR OF DEVELOPMENT 169675 0 6530 0 0 0 19397 0 105879 0 301481 0 0 0 WEBSTER TRENCHARD ASSISTANT HEADMASTER 146559 0 0 0 0 0 14880 0 49793 0 211232 0 0 0 LYNN PETRILLO DIR. OF ADMISSIONS & COMMUNICATIONS 136740 0 0 0 0 0 14228 0 13392 0 164360 0 0 0 PART I, LINE 1A THE HEAD OF SCHOOL IS REQUIRED TO LIVE ON CAMPUS AS A CONDITION OF EMPLOYMENT. CERTAIN OFFICERS AND OTHER HIGHLY COMPENSATED EMPLOYEES ARE ALSO PROVIDED HOUSING. THE VALUE OF THE HOUSING IS REPORTED AS NONTAXABLE IN SCHEDULE J, PART II, COLUMN D. THE HOUSE WHERE THE HEAD OF SCHOOL RESIDES IS USED FOR MULTIPLE SCHOOL EVENTS. CLEANING SERVICES ARE PROVIDED FOR SCHOOL EVENTS. THIS IS NOT TREATED AS A TAXABLE BENEFIT. PART I, LINE 4B SHEILA CULBERT, HEAD OF SCHOOL, PARTICIPATES IN A 457(F) PLAN. THE CONTRACT INCLUDES A VESTED SCHEDULE AND A SUBSTANTIAL RISK OF FORFEITURE. PART I, LINE 7 THESE BONUSES WERE AWARDED TO EMPLOYEES BASED ON PERFORMANCE AND AS PART OF A COMPREHENSIVE COMPENSATION PLAN. A CONNECTICUT HEALTH AND EDUCATIONAL FACILITIES AUTHORITY 060806186 20774L7J8 2005-10-15 37325541 SERIES F- REFINANCING PART OF SERIES C AND ALL OF SERIES D 0 0 0 B CONNECTICUT HEALTH AND EDUCATIONAL FACILITIES AUTHORITY 060806186 20774YBS5 2011-08-01 8531436 SERIES H- REFINANCING SERIES E 0 0 0 C CONNECTICUT HEALTH AND EDUCATIONAL FACILITIES AUTHORITY 060806186 2017-02-24 22530146 SERIES I- REFINANCING SERIES G, WHICH HAD REFINANCED SERIES C, NEW ROOFS 0 0 0 D CONNECTICUT HEALTH AND EDUCATIONAL FACILITIES AUTHORITY 060806186 2018-03-15 7500000 SERIES J -CONSTRUCTION OF CAMPUS CENTER 0 0 0 A 37325541 36341226 521818 462497 2005 0 1 1 1 B 8531436 2767 8286000 170629 63676 8364 2011 1 0 1 1 C 22530146 1974016 20268868 287261 2017 0 1 1 1 D 7500000 137203 7362797 2018 0 0 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 B 0 0 0 0 0.01200 0.01200 0 0 1 C 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 D 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 A 0 1 0 0 0 0 0 0 1 B 0 1 0 0 0 0 0 0 1 C 0 1 0 0 0 0 0 0 1 D 0 1 0 0 0 0 0 0 1 A 1 B 1 C 1 D 1 TOURBILLON CAPITAL PARTNERS TRUSTEE JASON KARP IS AN OWNER OF THE ENTITY 111777 MANAGEMENT AND INCENTIVE FEES 0 TIMOTHY STRUTHERS TRUSTEE'S SON 294472 EMPLOYMENT 0 X 78 737169 FAIR VALUE 0 1 0 PART I, COLUMN (B): THE AMOUNT IN COLUMN B REPRESENTS THE NUMBER OF CONTRIBUTIONS RECEIVED. FORM 990, PART VI, SECTION B, LINE 11B TRUSTEES AND MANAGEMENT REVIEW THE PREPARED FORM 990, EXCLUDING THE SCHEDULE B LIST OF CONTRIBUTORS, PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C ALL SENIOR ADMINISTRATORS AND TRUSTEES ARE REQUIRED TO DISCLOSE AND SIGN CONFLICT OF INTEREST AGREEMENTS ANNUALLY. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD OF TRUSTEES AND EXECUTIVE COMMITTEE MEMBERS MEET ANNUALLY TO REVIEW THE HEAD OF SCHOOL'S COMPENSATION THROUGH THE USE OF COMPARABLE DATA AND OTHER SOURCES. THE COMPENSATION DELIBERATIONS AND DECISIONS ARE DOCUMENTED. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS OF THE ORGANIZATION ARE NOT AVAILABLE TO THE PUBLIC. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS -5,581. ADC CORPORATION 4 BATCHELDER ROAD WINDSOR CT 06095 060986152 REAL ESTATE RENTAL CT C 19022 533202 1.00000 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0