2018-05-09T16:07:34-05:00 2017-06-30 263753134 CBIZ MHM LLC 500 Boylston Street Boston MA 02116 990 2016-07-01 042103751 BUCKINGHAM BROWNE & NICHOLS SCHOOL BUCK 6175476100 80 GERRYS LANDING ROAD CAMBRIDGE MA 021385595 Rebecca T Upham Head of School 6175476100 2018-05-02 1 Craig Klein P00734640 6177610600 2018-05-02 2016 2022-09-23 18:48:47Z Rebecca T Upham 80 GERRYS LANDING ROAD CAMBRIDGE MA 021385595 62835341 0 X WWW.BBNS.ORG X 1883 MA See Schedule O 30 28 539 300 89257 -201653 9268289 5614593 42345403 44241361 1002199 2158425 20703 23414 52636594 52037793 7837992 7896262 0 0 28339858 30197847 0 0 1353501 12488159 14658330 48666009 52752439 3970585 -714646 162390052 163504460 42183939 38542816 120206113 124961644 X See Schedule O 0 0 41582023 7839362 42450871 BUCKINGHAM BROWNE & NICHOLS SCHOOL IS A COEDUCATIONAL DAY SCHOOL FOR CHILDREN GRADES pre-KINDERGARTEN THROUGH TWELVE THAT STRIVES FOR THE PURSUIT OF EDUCATIONAL EXCELLENCE WHILE CELEBRATING THE DIVERSITY OF ITS COMMUNITY AND FOSTERING INTELLECTUAL CURIOSITY, CRITICAL THINKING AND A DEEP CONCERN AND RESPECT FOR OTHERS.Students: 1,022 total students: 328 Lower School; 172 Middle School; 522 Upper SchoolStudent Demographics: 509 boys; 513 girls; 29% students of color Admission Statistics: Approximately 1,000 applications for approximately 175 places.Teaching Faculty: 151 total; 84 percent have advanced degrees Financial Aid: 23% percent of the student bodyCollege Counseling: 4 counselors available for guidanceCollege Matriculation: The Class of 2017 entered approximately 60 different colleges and universitiesBB&N's commitment to diversity is integral to the mission and vision of the School. The different perspectives and experiences of our students define the fabric of our community. These many perspectives and experiences contribute to the growth of the individuals who call BB&N their alma mater and shape the classroom and extracurricular experiences. To have as classmates and friends people who are different from oneself, to come to truly know the background, experiences, and beliefs of a new friend, is to learn more deeply about oneself and our world. There is no more important attribute in the preparation for global citizenship. IN ADDITION, No amounts have been reflected in the FORM 990 for MANY HOURS OF contributed services FROM VOLUNTEERS. However, many individuals volunteer their time and perform a variety of tasks that assist the School with its activities. The value of this contributed time AND EFFORT IS Not reflected in the FORM 990.Each year over 300 BB&N alumni/ae, parents and friends support the School by volunteering their time. This generous support allows BB&N to accomplish many of the things that set it apart from other independent day schools. We are able to retain the most qualified and dynamic faculty, provide tremendous art and athletic programs, maintain beautiful grounds and buildings, and provide financial assistance to qualified students. 1106459 56900 1642800 BUCKINGHAM BROWNE & NICHOLS SCHOOL HOLDS A SUMMER CAMP FOR BOSTON AREA CHILDREN EACH SUMMER THAT PROVIDES MEMBERS OF THE SCHOOL AND LOCAL COMMUNITY WITH A HIGH QUALITY, AFFORDABLE OPTION TO EDUCATE AND ENTERTAIN THEIR CHILDREN DURING SUMMER VACATION. 80656 BUCKINGHAM BROWNE & NICHOLS SCHOOL HOLDS MANY CULTURAL, SOCIAL AND EDUCATIONAL PROGRAMS FOR MEMBERS OF ITS COMMUNITY THROUGHOUT THE YEAR THAT STRIVE TO INCREASE UNDERSTANDING OF CULTURE, DIVERSITY AND INTELLECTUAL ISSUES. 42769138 1 1 0 1 0 0 1 0 0 1 1 1 0 0 1 1 1 0 1 0 1 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 129 0 1 539 1 1 1 0 0 0 0 0 0 0 0 0 X 30 28 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 0 0 MA X X robert savage 6178002781 46 belmont street Watertown MA 02472 Rebecca T Upham Head of School 40.00 X X 644861 0 304243 Stephen Olson Faculty Trustee 40.00 X 63174 0 13832 leslie Ahlstrand trustee 1.00 X 0 0 0 jeffrey barber trustee 1.00 X 0 0 0 james t Berylson trustee 1.00 X 0 0 0 Charles A Brizius vice chair 1.00 X 0 0 0 Agnes Bundy Scanlan trustee 1.00 X 0 0 0 gregory clark trustee 1.00 X 0 0 0 Tim Cohen trustee 1.00 X 0 0 0 diala Ezzeddine trustee 1.00 X 0 0 0 mary beth Gordon trustee 1.00 X 0 0 0 Jason P Hafler trustee 1.00 X 0 0 0 Bob Higgins trustee 1.00 X 0 0 0 James P Honan trustee 1.00 X 0 0 0 karen kalina trustee 1.00 X 0 0 0 kay kane trustee 1.00 X 0 0 0 kenneth W lang trustee 1.00 X 0 0 0 peter levitt trustee 1.00 X 0 0 0 bridget terry long trustee 1.00 X 0 0 0 Shelly Nemirovsky vice chair/ secretary 1.00 X 0 0 0 Erica gervais pappendick vice chair 1.00 X 0 0 0 david randolph peeler vice chair/ Treasurer 1.00 X 0 0 0 leslie riedel trustee 1.00 X 0 0 0 clay stites trustee 1.00 X 0 0 0 Janet M Storella trustee 1.00 X 0 0 0 David J Thompson trustee 1.00 X 0 0 0 Frederica C Turner trustee 1.00 X 0 0 0 charlotte cramer wagner trustee 1.00 X 0 0 0 fan wu trustee 1.00 X 0 0 0 Bracebridge h young jr trustee 1.00 X 0 0 0 kATIE gayman faculty trustee 40.00 X 71738 0 8021 Brett Fuhrman cfo/coo 40.00 X 255787 0 14647 Sherwood C Haskins Assistant Head of School 40.00 X 261690 0 31746 George L Mitchell JR Director of Enrollment Management 40.00 X 165802 0 30729 katherine small Director of development 40.00 X 172025 0 24577 Geoffrey Theobald Upper School Director 40.00 X 180994 0 30801 Mary EVERETT Dolbear Middle School Director 40.00 X 149821 0 22248 shera selzer lower school director 40.00 X 152365 0 21181 Demetri Orlando Director of IT 40.00 X 125690 0 27515 2243947 0 529540 23 0 1 0 Consigli Construction 72 summer st milford MA 01757 contractor & builder 3426001 C & W Facilities Services 4002 Solutions Center chicago IL 60677 Maintenance & Security Staffing 338527 Timberline Construction 300 pine street canton MA 02021 contractor & builder 282982 CHOATE HALL & STEWART Two International Place boston MA 02110 legal 221889 Turf Prep 5 Aberjona Drive woburn MA 01801 Field/Landscape Contractor 220580 16 5614593 183130 5614593 student tuition 900099 41672318 41672318 summer & other tuition 900099 1790490 1790490 other revenue 900099 778553 630863 147690 44241361 1204709 -58433 1263142 11686806 43000 10746090 30000 940716 13000 953716 953716 44872 21458 23414 23414 52037793 44093671 89257 2240272 61424 61424 7834838 7834838 1894051 1894051 21784086 18482682 2432839 868565 1586024 1617576 -60146 28594 3255745 2653650 555187 46908 1677941 1330013 324418 23510 553444 104912 448525 7 101400 10140 91260 262107 107901 135376 18830 155845 71729 57271 26845 857580 589790 141136 126654 445825 445825 3508765 3333327 175438 259274 214081 45193 consulting & other serv 4490196 2308079 2027899 154218 Supplies 1305466 1155580 98566 51320 equipment rental/maint. 1292584 1248017 41338 3229 utilities 886627 847127 39500 539217 352447 181949 4821 52752439 42769138 8629800 1353501 3820225 2422586 20225890 19788250 1606073 705575 3893891 3723579 1185682 964387 97989943 37119766 62026802 60870177 13326087 16237497 56090261 58706674 215141 85735 162390052 163504460 7924615 4986114 18884030 18749672 12677908 12185637 2697386 2621393 42183939 38542816 X 70376600 71170548 10659760 12743636 39169753 41047460 120206113 124961644 162390052 163504460 -714646 5470177 0 X 0 1 X 1 0 X 5232892 6850603 7100718 9310746 5659465 34154424 5232892 6850603 7100718 9310746 5659465 34154424 2058784 32095640 1549217 2155045 797721 692484 1204709 6399176 40553600 203783116 0.79140 0.80340 X Schedule A, Part I, line 7: THE BASIS OF buckingham browne & nichols school's PUBLIC CHARITY STATUS HAS BEEN AND CONTINUES TO BE ITS QUALIFICATION AS A SCHOOL DESCRIBED IN SECTION 170(B)(1)(A)(II). THE ORGANIZATION HAS CHECKED BOX 7 ON SCHEDULE A, PART I AND COMPLETED SCHEDULE A, PART II IN ORDER TO DEMONSTRATE ITS QUALIFICATION TO FOLLOW THE SPECIAL RULE FOR ABBREVIATED REPORTING OF CONTRIBUTIONS ON FORM 990, SCHEDULE B. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 1000 1000 0 Part II-B, Line 1: The organization pays $1,000 in membership dues to a member organization which may engage in lobbying activities. Therefore, a portion of the dues may be attributable to lobbying activities. X 1 167.00 0 0 0 1 1 80.00 0 1 71604876 2271434 6482539 3362294 76996555 73374760 2263538 -1020210 3013212 71604876 73690280 889820 656049 1861389 73374760 66270977 1367821 8875552 2824070 73690280 60731936 1893856 6376823 2731638 66270977 0.33110 0.53160 0.13730 0 0 5748799 5748799 79488637 29146362 50342275 3490077 1582091 1907986 8380714 6391313 1989401 881716 881716 60870177 global equity funds 8246327 F emerging markets equity funds 4224395 F U.S. equity funds 7042769 F multi-strategy funds 25839724 F non-marketable funds 13353459 F 58706674 Enrollment DEPOSITS 2117490 ANNUITY PAYABLE 196903 ASSET RETIREMENT OBLIGATION 307000 2621393 X 48562424 5470177 21458 5491635 43070789 1048739 7918265 8967004 52037793 43806893 21458 21458 43785435 1048739 7918265 8967004 52752439 Part II, Line 9: The school does not receive revenue and has no expenses related to this conservation easement. Therefore, no revenue or expenses are included. Part V, Line 4: Use of the organization's endowment funds: to supplement and support the operations of the School. Part X, Line 2: The School accounts for the effect of any uncertain tax positions based on a "more likely than not" threshold to the recognition of the tax positions being sustained based on the technical merits of the position under scrutiny by the applicable taxing authority. If a tax position or positions are deemed to result in uncertainties of those positions, the unrecognized tax benefit is estimated based on a "cumulative probability assessment" that aggregates the estimated tax liability for all uncertain tax positions. Interest and penalties assessed, if any, are accrued as income tax expense. The School has identified its tax status as a tax exempt entity and its determinations as to its income being related or unrelated as its only significant tax positions; however, the School has determined that such tax positions do not result in an uncertainty requiring recognition. The School is not currently under examination by any taxing jurisdiction. Federal and state income tax returns are generally open for three years following the date filed. Part XI, Line 2d - Other Adjustments: fundraising expenses 21,458. Part XI, Line 4b - Other Adjustments: FINANCIAL AID 7,918,265. Part XII, Line 2d - Other Adjustments: fundraising expenses 21,458. Part XII, Line 4b - Other Adjustments: FINANCIAL AID 7,918,265. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 Schedule E, Part I, Line 3 notice of racial non-discrimination policy is published online at www.aisne.org. it is also published in the employee handbook, on the organization's website and in a financial supplement which is provided to all families when students enroll. Central America and the Caribbean 0 0 investing 7331226 Europe (Including Iceland & Greenland) 0 0 investing 2144144 0 0 0 0 0 0 9475370 0 9475370 1 0 1 1 1 0 circus 44872 44872 3498 9521 8439 44872 44872 3498 9521 8439 21458 23414 1 the family cooperative inc 46 belmont street watertown MA 02472 461859126 501(c)(3) 15000 46424 fmv rent & utilities BB&N has forgiven the rent and utilities owed by the Family Cooperative as well as paying a cash grant during fiscal year 2017.One of the conditions of the rental agreement between BB&N and The Family Cooperative is that BB&N Enrollees who satisfy the Family Cooperative's criteria for acceptance will be given preference and will be accepted to fill any vacancies. 1 0 financial aid 237 0 7834838 credit to student account Part I, Line 2: Scholarships are applied against tuition charged by the organization. Families submit their financial information through a service that calculates the amount that a family can afford to pay for tuition. The School periodically checks tax returns with the IRS to confirm that the data provided is accurate. The School follows the Princeton recommendations and applies the grant to the tuition charged. X 1 1 X X X X X X 0 1 0 0 0 0 0 1 0 Rebecca T Upham Head of School 641265 0 0 0 3596 0 249431 0 54812 0 949104 0 0 0 Brett Fuhrman cfo/coo 255707 0 0 0 80 0 52 0 14595 0 270434 0 0 0 Sherwood C Haskins Assistant Head of School 247982 0 5000 0 8708 0 23075 0 8671 0 293436 0 0 0 George L Mitchell JR Director of Enrollment Management 165722 0 0 0 80 0 16134 0 14595 0 196531 0 0 0 katherine small Director of development 171945 0 0 0 80 0 16483 0 8094 0 196602 0 0 0 Geoffrey Theobald Upper School Director 166414 0 0 0 14580 0 16206 0 14595 0 211795 0 0 0 Mary EVERETT Dolbear Middle School Director 134920 0 2821 0 12080 0 13577 0 8671 0 172069 0 0 0 shera selzer lower school director 152285 0 0 0 80 0 14369 0 6812 0 173546 0 0 0 Demetri Orlando Director of IT 125610 0 0 0 80 0 12922 0 14593 0 153205 0 0 0 Part I, Line 1a the head of school lives in a school owned personal residence. this is for the convenience of the school. use of the house, with an imputed value of $48,000, has been included in nontaxable benefits of the head of school. Part I, Line 4b Rebecca T. Upham and brett j. fuhrman participate in a supplemental, non-qualified retirement plan. amounts earned by the participants during the year totaled $249,431 and $52, respectively. Part I, Line 7 sherwood c. haskins received a bonus of $5,000. mary everett Dolbear received a bonus of $2,821. A Mass Development Finance Agency 043431814 000000000 2011-12-19 15000000 Refund 2006 Bond issue 0 0 0 A 2625000 15000000 236123 14763877 2011 1 0 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 A 0 0 1 0 0 0 0 0 1 A 1 X 28 183103 fmv 0 0 0 0 FORM 990, PART I, line 1 and Part III, Line 1: BB&N, a coeducational day School in Cambridge, Massachusetts, was established in 1974 by the merger of two independent Schools, the Buckingham School and the Browne & Nichols School, founded respectively in 1889 and 1883. Located on multiple campuses, we work as one School in pursuit of excellence. We celebrate the diversity of our community which enriches our daily experience. At BB&N, we foster intellectual curiosity, critical thinking and a deep concern and respect for others. Our educational program, coordinated from beginners through grade twelve, provides a rigorous core curriculum, taught in flexible and innovative ways. Students acquire the skills and discipline necessary for academic accomplishment and learn to reflect, take risks and to discover. The curriculum is strengthened by our commitment to a comprehensive program in the arts and athletics. In all of our experiences, both those within the School and those which use our urban location, we encourage self-reliance, knowledge of oneself, and a capacity for leadership. The connections between our faculty and students are at the heart of our School. We ask members of our community to be engaged learners, compassionate individuals, and productive citizens who live our School's motto: "Honor, Scholarship, and Kindness." Form 990, Part VI, Section B, line 11b The audit committee reviews the full Form 990 and then recommends approval to the full Board of Trustees. The full Board of Trustees has access to the complete Form 990 with the exception of a redacted version of Schedule B. The names of those donors who wish to remain anonymous have been redacted from Schedule B. Form 990, Part VI, Section B, line 12c All officers, directors and key employees are required to sign a conflict of interest form annually. The forms are reviewed by the Governance Committee of the Board of Trustees and they determine if a potential conflict exists. If a potential conflict is found to exist, that individual is barred from participating in any deliberations or decisions regarding the conflicting matter. Review of the Conflict of Interest Policy is done during Trustee orientation each year. Form 990, Part VI, Section B, line 15a Reasonable Compensation: It is the policy of buckingham browne & nichols school ("the school") to pay no more than reasonable compensation for personal services rendered to the school by officers and employees. The trustees of the school shall not receive compensation for fulfilling their duties as trustees, although trustees may be reimbursed for actual out-of-pocket expenses which they incur in order to fulfill thier duties as trustees. Expenses of spouses will not be reimbursed by the school unless the expenses are necessary to achieve a school purpose. approval of compensation: the board of trustees must approve in advance the amount of all compensation for the head of the school. Before approving the compensation of the head of school, the board shall determine that the total compensation to be provided by the school to the head of school is reasonable in amount in light of the position, responsibility and qualification of the head of school for the position held, including the result of an evaluation of the head of school's prior performance for the School, if applicable. In making the determination, the board shall consider total compensation to include the salary and the value of all benefits provided by the school to the individual in payment for services. at the time of the discussion and decision concerning the head of school's compensation, the head of school should not be present at the meeting. The board shall obtain and consider appropriate data concerning comparable compensation paid to similar head of schools in like circumstances. the board shall set forth the basis for its decisions with respect to compensation in the minutes of the meeting at which the decisions are made, including the conclusions of the evaluation and the basis for determining that the individual's compensation was reasonable in light of the evaluation and the comparability data. Compensation for other key employees is determined by the Head of School. Form 990, Part VI, Section C, line 18 Audited financial statements and the form 990 are available from the Massachusetts attorney general's website at http://www.charities.ago.state.ma.us/. The Form 1023 and 990-T are available upon request. In addition, various organizational documents are available on the Massachusetts Secretary of State website: http://corp.sec.state.ma.us/corp/corpsearch/corpsearchinput.asp. Form 990, Part VI, Section C, line 19 The organization's governing documents and conflict of interest policy are available upon request. Audited financial statements and the form 990 are available from the Massachusetts attorney general's website and www.guidestar.org.