2018-07-13T16:02:12-05:00 2017-08-31 420714325 RSM US LLP 80 CITY SQUARE BOSTON MA 021293742 990 2016-09-01 042104784 NOBLE AND GREENOUGH SCHOOL NOBL 7813263700 10 CAMPUS DRIVE DEDHAM MA 020264099 STEPHEN M GINSBERG CHIEF FIN. & OPERATING OFFICER 7813263700 2018-07-13 1 LYNNE JOHNSON P00757336 6179129000 2016 2022-09-23 18:48:47Z CATHERINE J HALL 10 CAMPUS DRIVE DEDHAM MA 020264099 60554173 0 X WWW.NOBLES.EDU X 1866 MA A SCHOOL THAT PROVIDES INSTRUCTIONAL ACTIVITY TO STUDENTS FROM GRADE 7-12. 28 28 584 53 119355 -155335 12974868 14921159 30671211 31702992 4216857 3789615 389446 334108 48252382 50747874 6248563 6771344 0 0 22989087 23501728 16400 23719 3422195 13728396 13656678 42982446 43953469 5269936 6794405 245736602 280524647 27187635 44990383 218548967 235534264 X NOBLE AND GREENOUGH SCHOOL IS A RIGOROUS ACADEMIC COMMUNITY DEDICATED TO INSPIRING LEADERSHIP FOR THE PUBLIC GOOD. THROUGH MENTORING RELATIONSHIPS, WE MOTIVATE STUDENTS TO ACHIEVE THEIR HIGHEST POTENTIAL AND TO LEAD LIVES CHARACTERIZED BY SERVICE TO OTHERS. THE NOBLES COMMUNITY: GENERATES CRITICAL, CREATIVE, SOCIALLY CONSCIOUS THINKERS; UPHOLDS A COMMITMENT TO DIVERSITY; DEVELOPS CHARACTER AND INTELLECT IN DELIBERATE CONJUNCTION; CULTIVATES PURPOSEFUL CITIZENSHIP ON LOCAL, NATIONAL AND GLOBAL LEVELS; BUILDS INDEPENDENCE AND SELF-RESPECT THROUGH CHALLENGE AND ACHIEVEMENT; ESPOUSES HUMILITY, HUMOR, COLLABORATION, HONESTY AND RESPECT FOR OTHERS AS THE FOUNDATIONS OF A VIBRANT INTELLECTUAL COMMUNITY. 0 0 31162467 6721440 28406563 NOBLE & GREENOUGH SCHOOL: INSTRUCTIONAL ACTIVITY TO STUDENTS FROM GRADE 7 TO 12 - 605 STUDENTS, 141 MEMBERS OF FACULTY. FINANCIAL AID IS GRANTED. 3522297 49904 3175392 NOBLES DAY CAMP: 8 WEEK PROGRAM FOR THE GREATER BOSTON COMMUNITY - 1,653 CAMPERS, 294 STAFF. CAMPERSHIP GRANTED. 450000 16625 ACHIEVE PROGRAM: A TUITION-FREE EDUCATIONAL PROGRAM SERVING LOW-INCOME MIDDLE SCHOOL CHILDREN FROM BOSTON PUBLIC SCHOOLS. ACHIEVE PROVIDES ACADEMIC AND PERSONAL ENRICHMENT THROUGH RIGOROUS AND ENGAGING SIX-WEEK SUMMER PROGRAM AND ONGOING ACADEMIC YEAR TUTORING AND SUPPORT. ACHIEVE SEEKS TO INCREASE STUDENTS' ACADEMIC SKILLS, MOTIVATION, AND SELF-CONFIDENCE AND PUT THEM ON THE PATH TO COLLEGE. 133123 157275 UPWARD BOUND PROGRAM: 6 WEEK PROGRAM PROVIDING SUPPLEMENTAL EDUCATION TO ECONOMICALLY DISADVANTAGED STUDENTS FROM NEW ENGLAND - 52 STUDENTS, 15 MEMBERS OF FACULTY AND STAFF. NO COST TO PARTICIPANTS. 133123 157275 35267887 1 1 0 0 0 0 0 1 0 1 1 1 0 0 1 1 1 0 1 0 0 0 0 1 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 1 0 0 0 1 105 0 1 584 1 1 1 0 0 0 0 0 0 0 0 0 X 28 28 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 0 1 0 0 MA X X STEPHEN M GINSBERG CFOO 7813207270 10 CAMPUS DRIVE DEDHAM MA 020264099 MICHELE ABRECHT TRUSTEE (FROM JUN 2017) 5.00 X 0 0 0 JEFFERY ALPAUGH TRUSTEE (FROM JUN 2017) 5.00 X 0 0 0 EDWARD T ANDERSON TRUSTEE 5.00 X 0 0 0 DEAN ATHANASIA TRUSTEE (FROM JUN 2017) 5.00 X 0 0 0 STACY COWAN TRUSTEE (FROM JUN 2017) 5.00 X 0 0 0 SHERRY DELINSKY TRUSTEE 5.00 X 0 0 0 ANTHONY J DINOVI TRUSTEE 5.00 X 0 0 0 DENISE DUPRE TRUSTEE 5.00 X 0 0 0 SANDRA M EDGERLEY TRUSTEE 5.00 X 0 0 0 CAITLIN P FAI TRUSTEE 5.00 X 0 0 0 SCOTT D FREEMAN TREASURER 5.00 X X 0 0 0 GABRIEL GOMEZ TRUSTEE 5.00 X 0 0 0 SUZANNE CULLINANE JEPPSON TRUSTEE 5.00 X 0 0 0 DAVID A KIRSHNER TRUSTEE 5.00 X 0 0 0 MARCI GRIFFITH LOEBER TRUSTEE 5.00 X 0 0 0 IAN K LORING TRUSTEE 5.00 X 0 0 0 KEVIN MARONI TRUSTEE 5.00 X 0 0 0 MEREDITH MCPHERRON TRUSTEE (FROM JUN 2017) 5.00 X 0 0 0 JOHN M MONTGOMERY TRUSTEE 5.00 X 0 0 0 MARZUQ MUHAMMAD TRUSTEE 5.00 X 0 0 0 MARIEL NOVAS TRUSTEE 5.00 X 0 0 0 BRIAN O'NEILL TRUSTEE 5.00 X 0 0 0 ERNEST C PARIZEAU VICE PRESIDENT 5.00 X X 0 0 0 ELLIOT PRATT TRUSTEE 5.00 X 0 0 0 ELIZABETH M REILLY PRESIDENT 5.00 X X 0 0 0 SIMREN SANGHA TRUSTEE 5.00 X 0 0 0 EDWARD K STIMPSON TRUSTEE 5.00 X 0 0 0 JILL WALSH TRUSTEE 5.00 X 0 0 0 CATHERINE J HALL HEAD OF SCHOOL (FROM JUN 2017) 40.00 X 0 0 0 ROBERT P HENDERSON HEAD OF SCHOOL (THRU JUN 2017) 40.00 X 738901 0 191950 STEPHEN M GINSBERG CHIEF FINANCIAL & OPERATING OFFICER 40.00 X 272997 0 55158 JOHN T GIFFORD ASSISTANT HEAD OF EXTERNAL AFFAIRS 40.00 X 254335 0 97804 GEORGE MALEY DIRECTOR OF DEVELOPMENT 40.00 X 221461 0 52072 MICHAEL DENNING HEAD OF UPPER SCHOOL 40.00 X 174736 0 87061 WILLIAM BUSSEY PROVOST 40.00 X 156440 0 91442 DANIEL WEIR CHIEF INFORMATION OFFICER 40.00 X 163006 0 34944 MARCELLA MALDONADO DEAN OF STUDENTS 40.00 X 141004 0 24160 BEN SNYDER DIRECTOR OF EXCEL 40.00 X 168499 0 53584 2291379 0 688175 30 0 1 0 SHAWMUT DESIGN AND CONSTRUCTION 560 HARRISON AVE BOSTON MA 02118 CONSTRUCTION 10741179 FLIK - COMPASS GROUP USA PO BOX 417632 BOSTON MA 02241 FOOD SERVICES 1884714 WILLIAM RAWN ASSOCIATES 10 POST OFFICE SQUARE SUITE 1010 BOSTON MA 02109 ARCHITECTURAL SERVICES 1529741 SUBURBAN CONTRACT CLEANING INC PO BOX 850914 BRAINTREE MA 02185 CLEANING SERVICES 582167 LOCAL MOTION INC 66B ROCSAM PARK RD BRAINTREE MA 02109 TRANSPORTATION SERVICES 513290 15 14921159 1412736 14921159 TUITION & FEES 611600 28347382 28347382 SUMMER CAMP 611600 3225296 3225296 ADMISSIONS APPLICATIONS 611600 48880 48880 SALE OF TEXTBOOKS & RELATED ITEMS 611710 40407 40407 UPWARD BOUND 611710 26427 26427 14600 14600 31702992 1846167 -78277 1924444 70500 103417 -32917 -32917 -32917 11603649 8921290 738911 2682359 -738911 1943448 1943448 41446 42681 -1235 -1235 CAFE REVENUES 900099 101462 101462 SPORT ASSOCIATIONS 532000 99295 99295 SERVICES TO THIRD PARTIES 722320 98337 98337 69166 52863 16303 368260 50747874 31755855 119355 3951505 6771344 6771344 1878124 475435 936530 466159 16628881 14883406 766138 979337 1655625 1433660 106611 115354 2052950 1769388 147103 136459 1286148 1077599 111105 97444 40150 40150 55696 55696 23719 23719 733058 679352 53706 1344283 1282699 61584 10515 10515 1255623 899610 165914 190099 339800 116402 186723 36675 3030148 1910873 813602 305673 187399 186807 592 172304 150981 21323 3374496 2271694 1014557 88245 309200 210256 92760 6184 DEVELOPMENT EXPENSE 853906 31657 0 822249 CAMP EXPENSE 494822 494822 0 0 ATHLETIC EXPENSE 431997 431997 0 0 ART PROGRAM EXPENSE 94964 94964 0 0 928317 763778 64239 100300 43953469 35267887 5263387 3422195 16161408 9769133 3657330 15149074 7723192 8469003 171791 190129 17483 13291 189024 203363 563325 768733 131188828 38601806 79824608 92587022 58272980 68125358 79155461 85249541 245736602 280524647 4177112 6020839 10910764 11747731 10609398 25504102 1490361 1717711 27187635 44990383 X 102120600 107296776 43531793 48977454 72896574 79260034 218548967 235534264 245736602 280524647 X 6794405 10364873 -173981 X 0 1 X 1 0 X 13875742 12656617 11312456 12974868 14921159 65740842 13875742 12656617 11312456 12974868 14921159 65740842 1929866 63810976 1377470 1567937 1655531 2164663 1994944 8760545 50540 31926 89674 163289 159211 494640 74996027 145888928 0.85090 0.85390 X SCHEDULE A, PART II: THE SCHOOL IS COMPLETING PART II AND MEETING THE 33 1/3% SUPPORT TEST FOR THE PURPOSES OF QUALIFYING TO USE THE SPECIAL RULE ON SCHEDULE B, SCHEDULE OF CONTRIBUTORS. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 10000 660430 X X EXHIBITION FOR COM. MEETING 0 119641917 5683437 13441935 5655576 608845 132502868 115030037 4043350 6540173 5450004 521639 119641917 123038405 3979961 -6157116 5190000 641213 115030037 107534414 4351872 16359837 4755000 452718 123038405 98804813 2927286 10313234 4400000 110919 107534414 0.13960 0.56620 0.29420 0 0 109396652 36088423 73308229 3322254 2279632 1042622 18469922 233751 18236171 92587022 SPLIT INTEREST AGREEMENTS 5740160 F ALTERNATIVE INVESTMENTS 79509381 F 85249541 LIABILITY UNDER SPLIT INTEREST AGREEMENTS 1717711 1717711 X 61273869 10364873 15024 10379897 50893972 -146098 -146098 50747874 44288572 385007 385007 43903565 49904 49904 43953469 PART III, LINE 4: THE SCHOOL HAS A COLLECTION OF RARE BOOKS, PORTRAITS, SCULPTURES, AND PAINTINGS WHICH WERE ALL DONATED TO THE SCHOOL FOR EXHIBITION AT THE MEETING ROOMS OF THE SCHOOL. PART V, LINE 4: THE EARNINGS ON THE ENDOWMENT FUNDS ARE TO BE USED TO FUND FINANCIAL AID FOR STUDENTS, FACULTY SALARIES, FINANCIAL AID FOR TRIPS AND FACULTY AND STAFF DEVELOPMENT AS WELL AS TO MAINTAIN AND ENHANCE PROGRAMS AT THE SCHOOL. PART X, LINE 2: THE SCHOOL IS QUALIFIED UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES EXCEPT FOR NET REVENUE FROM UNRELATED BUSINESS ACTIVITIES. THE SCHOOL FOLLOWS FASB ASC 740, "INCOME TAXES", WHICH CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES BY PRESCRIBING THE RECOGNITION THRESHOLD A TAX POSITION IS REQUIRED TO MEET BEFORE BEING RECOGNIZED IN THE FINANCIAL STATEMENTS. THE SCHOOL RECOGNIZES A TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY THE TAXING AUTHORITIES. MANAGEMENT EVALUATED THE SCHOOL'S TAX POSITIONS AND CONCLUDED THAT THE SCHOOL HAD NO MATERIAL UNCERTAINTIES IN INCOME TAXES AS OF AUGUST 31, 2017 AND 2016. THE SCHOOL IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY THE U.S. FEDERAL, STATE OR LOCAL TAX AUTHORITIES FOR YEARS BEFORE 2014. THE SCHOOL WILL ACCOUNT FOR INTEREST AND PENALTIES RELATED TO UNCERTAIN TAX POSITIONS, IF ANY, AS PART OF TAX EXPENSE. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS 64,928. SUMMER CAMP FINANCIAL AID NETTED WITH REVENUE ON FINANCIAL STATEMENTS -49,904. PART XI, LINE 4B - OTHER ADJUSTMENTS: DIRECT RENTAL EXPENSES REPORTED ON FORM 990, PART VIII, LINE 6B -103,417. COSTS OF GOODS SOLD REPORTED ON FORM 990, PART VIII, LINE 10B -42,681. PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT RENTAL EXPENSES REPORTED ON FORM 990, PART VIII, LINE 6B 103,417. COSTS OF GOODS SOLD REPORTED ON FORM 990, PART VIII, LINE 10B 42,681. PROVISION FOR UNCOLLECTBLE ACCOUNTS 238,909. PART XII, LINE 4B - OTHER ADJUSTMENTS: SUMMER CAMP FINANCIAL AID NETTED WITH REVENUE ON FINANCIAL STATEMENTS 49,904. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 IT IS THE POLICY OF NOBLE & GREENOUGH SCHOOL TO ADMIT STUDENTS OF ANY RACE, COLOR, AND NATIONAL OR ETHNIC ORIGIN TO ALL THE RIGHTS, PRIVILEGES, PROGRAMS AND ACTIVITIES GENERALLY ACCORDED OR MADE AVAILABLE TO THE STUDENTS AT THE SCHOOL, AND IT IS THE POLICY OF THE SCHOOL NOT TO DISCRIMINATE ON THE BASIS OF RACE IN ADMINISTRATION OF ITS EDUCATION POLICIES, ADMISSION POLICIES, SCHOLARSHIP AND LOAN PROGRAMS, AND ATHLETIC AND OTHER SCHOOL ADMINSTERED PROGRAM. THE CATALOG OF THE SCHOOL MAKES SUBSTANTIALLY THE SAME STATEMENT. THE SCHOOL ANNUALLY PUBLISHED THE SAME STATEMENT IN A MAJOR BOSTON NEWSPAPER AS A LISTED MEMBER OF THE ASSOCIATION OF INDEPENDENT SCHOOLS OF NEW ENGLAND (AISNE). X X X X X X 1 DEVELOPMENT GUILDDDI INC 233 HARVARD STREET SUITE 107 BROOKLINE MA 02446 FUNDRAISING CONSULTING 0 0 23719 -23719 23719 -23719 MA 1 SCHOLARSHIP 128 4991383 TUITION REMISSION 44 1730057 CAMPERSHIP 80 49904 PART I, LINE 2: NOBLE AND GREENOUGH SCHOOL USES THE PRINCIPLES AND NEEDS ANALYSIS SYSTEM OF THE SCHOOL AND STUDENT SERVICE FOR FINANCIAL AID (SSS) TO DETERMINE THE FINANCIAL ASSISTANCE AWARDS. SSS IS A SERVICE OF THE NATIONAL ASSOCIATION OF INDEPENDENT SCHOOLS. EACH FAMILY SUBMITS A PARENTS' FINANCIAL STATEMENT (PFS) FOR PROCESSING TO SSS. BASED ON THE FINANCIAL INFORMATION PROVIDED BY THE FAMILY, SSS SENDS NOBLE AND GREENOUGH SCHOOL AN ESTIMATED AMOUNT THAT THE FAMILY CAN CONTRIBUTE TO EDUCATIONAL EXPENSES. USING ESTIMATIONS FROM SSS AND INFORMATION IN TAX DOCUMENTS, THE FINANCIAL ASSISTANCE COMMITTEE DETERMINES THE AMOUNT OF ASSISTANCE OFFERED BY NOBLE AND GREENOUGH SCHOOL. X 1 1 X X X X X 0 1 0 0 0 0 0 0 0 ROBERT P HENDERSON HEAD OF SCHOOL (THRU JUN 2017) 724014 0 0 0 14887 0 97470 0 94480 0 930851 0 249952 0 STEPHEN M GINSBERG CHIEF FINANCIAL & OPERATING OFFICER 262905 0 0 0 10092 0 29150 0 26008 0 328155 0 0 0 JOHN T GIFFORD ASSISTANT HEAD OF EXTERNAL AFFAIRS 243976 0 0 0 10359 0 28123 0 69681 0 352139 0 0 0 GEORGE MALEY DIRECTOR OF DEVELOPMENT 210967 0 0 0 10494 0 24493 0 27579 0 273533 0 0 0 MICHAEL DENNING HEAD OF UPPER SCHOOL 172526 0 0 0 2210 0 20020 0 67041 0 261797 0 0 0 WILLIAM BUSSEY PROVOST 153571 0 0 0 2869 0 17123 0 74319 0 247882 0 0 0 DANIEL WEIR CHIEF INFORMATION OFFICER 159489 0 0 0 3517 0 18209 0 16735 0 197950 0 0 0 MARCELLA MALDONADO DEAN OF STUDENTS 139539 0 0 0 1465 0 15400 0 8760 0 165164 0 0 0 BEN SNYDER DIRECTOR OF EXCEL 166248 0 0 0 2251 0 18627 0 34957 0 222083 0 0 0 PART I, LINE 1A SINCE THE SCHOOL IS A BOARDING SCHOOL, SOME OF THE FACULTY ARE REQUIRED TO LIVE ON CAMPUS AS A CONDITION OF EMPLOYMENT AND FOR THE CONVENIENCE OF THE EMPLOYER TO SUPERVISE THE STUDENTS, PARTICIPATE IN ACTIVITIES WITH THE STUDENTS AND/OR TO CONDUCT BUSINESS OUTSIDE THE NORMAL BUSINESS HOURS. PART I, LINE 4B THE SCHOOL HAS A DEFERRED COMPENSATION PLAN FOR THE HEAD OF THE SCHOOL. THE PLAN FOR THE PRIOR HEAD OF THE SCHOOL WAS ORIGINALLY EFFECTIVE JULY 1, 2003 AND THE PLAN FOR THE NEW HEAD OF THE SCHOOL WAS EFFECTIVE ON JULY 1, 2017. BOTH PLANS REQUIRE A MONTHLY CONTRIBUTION BY THE SCHOOL OF A PERCENTAGE OF THE HEAD OF SCHOOL'S GROSS CASH SALARY PAID FOR THE PREVIOUS MONTH. PLAN FUNDS REMAIN THE PROPERTY OF THE SCHOOL UNTIL THEY ARE DISTRIBUTED. THE EMPLOYER CONTRIBUTION FOR THE YEARS ENDED AUGUST 31, 2017 AND 2016 TOTALED $77,160 AND $67,200, RESPECTIVELY. IN OCTOBER 2016, A PORTION OF THE PRIOR HEAD OF THE SCHOOL'S DEFERRED COMPENSATION WAS PAID OUT TOTALING $301,240. THE REMAINING LIABILITY FOR THE PRIOR HEAD OF THE SCHOOL IS EXPECTED TO BE PAID IN JANUARY 2019. THE DEFERRED COMPENSATION OBLIGATION TOTALED $109,349 AND $321,127 AS OF AUGUST 31, 2017 AND 2016, RESPECTIVELY AND IS INCLUDED IN ACCRUED LIABILITIES. A MASS DEVELOPMENT FINANCE AGENCY 043431814 2015-10-06 10935000 SERIES 2011 REFINANCE 0 0 0 B MASS DEVELOPMENT FINANCE AGENCY 043431814 2015-10-06 15000000 CONSTRUCTION OF NEW LIBRARY BUILDING AND RENOVATION OF THE SCIENCE BUILDING 0 0 0 A 10935000 380415 10554585 0 1 1 1 B 116485 15000000 62590 11349402 3588008 0 0 0 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 A 0 1 0 0 0 0 0 0 1 B 0 1 0 0 0 0 0 0 1 A 1 B 1 X 1 10000 APPRAISAL X 69 1402736 FAIR MARKET VALUE 0 1 0 PART I, COLUMN (B): THE NUMBER OF CONTRIBUTIONS REPORTED IS BASED ON THE NUMBER OF GIFTS RECEIVED. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD OF TRUSTEES IS PROVIDED VIA EMAIL A PUBLIC DISCLOSURE COPY OF THE FORM 990. TRUSTEES ARE EXPECTED TO REVIEW THE FORM 990 BEFORE IT IS FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE SCHOOL'S CONFLICT OF INTEREST POLICY IS MAILED TO ALL OFFICERS, DIRECTORS AND TRUSTEES, AND REVIEWED ORALLY AT THE FIRST BOARD MEETING OF EACH SCHOOL YEAR. ALL OFFICERS, DIRECTORS, AND TRUSTEES ARE REQUIRED TO SIGN A DOCUMENT INDICATING THEY HAVE READ AND UNDERSTAND THE SCHOOL'S CONFLICT OF INTEREST POLICY. THEY ARE ALSO REQUIRED TO DISCLOSE ANY POTENTIAL CONFLICTS OF INTEREST EITHER BEFORE OR DURING THE FIRST BOARD MEETING OF EACH SCHOOL YEAR. THE COMMITTEE CONSISTING OF TRUSTEES REVIEWS ALL DISCLOSURES. OFFICERS, DIRECTORS, AND TRUSTEES ARE REMINDED THAT THEY HAVE AN OBLIGATION TO UPDATE THEIR DISCLOSURES IF ANY POTENTIAL CONFLICTS OF INTEREST ARISE DURING THE YEAR. TYPICALLY, THEY SELF-REPORT ANY POTENTIAL CONFLICTS THAT ARISE BUT IF ANOTHER BOARD MEMBER BECOMES AWARE OF POTENTIAL CONLFICT, HE OR SHE IS ASKED TO RAISE IT WITH THE OFFICER, DIRECTOR, OR TRUSTEE AND A MEMBER OF THE COMMITTEE ON TRUSTEES. FORM 990, PART VI, SECTION B, LINE 15A THERE IS A COMPENSATION COMMITTEE AS WELL AS AN INDEPENDENT CONSULTANT WHO CAREFULLY REVIEW SURVEYS AND OTHER COMPARATIVE INFORMATION IN DETERMINING COMPENSATION FOR THE HEAD OF SCHOOL. THE COMPENSATION COMMITTEE IS APPOINTED BY THE BOARD OF TRUSTEES. THERE ARE WRITTEN EMPLOYMENT LETTERS FOR ALL FACULTY AND ADMINISTRATIVE POSITIONS AT THE SCHOOL. THESE ARE REVIEWED, UPDATED, DISTRIBUTED AND SIGNED ANNUALLY. SALARIES FOR ALL FACULTY AND ADMINISTRATIVE POSITIONS ARE DETERMINED WITHIN THE BAND OF TYPICAL SALARY INCREASE RATES BASED ON THE HEAD OF SCHOOL'S OBSERVED PERFORMANCE, REGULAR EVALUATION PROCESSES, AND ANY CHANGES IN RESPONSIBILITIES. FORM 990, PART VI, SECTION C, LINE 19 THE SCHOOL MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, FINANCIAL STATEMENTS, AND FORM 990 AVAILABLE TO THE GENERAL PUBLIC UPON REQUEST FOR THE SAME PERIOD OF DISCLOSURE AS SET FORTH IN SECTION 6104(D). IF AN INTERESTED PARTY ASKS FOR THESE DOCUMENTS, THE CFOO WILL MAKE A DECISION ABOUT DISTRIBUTION. THE SCHOOL'S FORM 990 IS MADE AVAILABLE VIA GUIDESTAR AND THE MASSACHUSETTS ATTORNEY GENERAL'S WEBSITE. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS 64,928. PROVISION FOR UNCOLLECTIBLE ACCOUNTS -238,909. FORM 990, PART I, LINE 6: THIS IS AN ESTIMATE OF THE CORE GROUP OF PARENTS WHO VOLUNTEER IN THE LIBRARY AND ALSO PARTICIPATE REGULARLY IN THE PARENT ASSOCIATION. THERE ARE PARENT VOLUNTEERS ON AN IRREGULAR BASIS. FOR EXAMPLE, EVERY OTHER YEAR THERE ARE PARENTS WHO VOLUNTEER A COUPLE HOURS AT THE SCHOOL'S YARD SALE. THIS ESTIMATE ALSO INCLUDES THE NUMBER OF BOARD MEMBERS WHO VOLUNTEER THEIR TIME ON THE SCHOOL'S BOARD WITHOUT COMPENSATION. POOLED INCOME FUNDS (2) FIDUCIARY ACTIVITY MA NOBLE AND GREENOUGH SCHOOL T 1 UNITRUSTS (7) FIDUCIARY ACTIVITY MA NOBLE AND GREENOUGH SCHOOL T 1 CHARITABLE REMAINDER UNITRUSTS (2) FIDUCIARY ACTIVITY MA NOBLE AND GREENOUGH SCHOOL T 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0