2018-10-29T14:47:20-05:00 2018-06-30 KPMG LLP 3975 Freedom Circle Dr Suite 100 Santa Clara CA 95054 990 2017-07-01 510255746 TAIPEI AMERICAN SCHOOL FOUNDATION % CATHY C HSU TAIP 3102013584 1900 AVE of THE STARS 7FL Los Angeles CA 90067 SHARON D HENNESSY Head of School 2018-10-23 true Valerie J Ball P00178114 4083672747 2018-10-24 164.57.159.254 77070920183025000001 2018-10-29 P 3DBD84713984C55D8E50A330A8E27D7944771181 3FCC8B9C691FDBC0D6D40F2879FF54809A85FCFA 2017 2018-06-14 16:35:46Z TAIPEI AMERICAN SCHOOL SHARON D HENNESSY 1900 AVE of THE STARS 7FL Los Angeles CA 90067 73313591 false X www.tas.edu.tw X 1971 DE Taipei American School ("TAS"), an independent day school for students in pre-kindergarten through grade 12, offers an American education with an international perspective. 12 12 570 200 0 0 2933560 3297463 62708034 65494767 612144 599572 3563363 3505916 69817101 72897718 43242 22546 0 0 47314704 50432252 0 0 1006424 17419765 16790481 64777711 67245279 5039390 5652439 161274885 169054856 50636820 52909641 110638065 116145215 Taipei American School ("TAS"), an independent day school for students in pre-kindergarten through grade 12, offers an American education with an international perspective. false false 59416449 22546 65494767 Taipei American School provides a full education program (KA- grade 12) to 2,313 students from 38 countries. TAS is known for its rigorous academic program, dynamic integration of technology across the curriculum, extensive co-curricular activities, rich history of community service in Taiwan and Asia, and signature fine arts programs where over eighty percent of the students are involved in creating art, music, dance, or theatre. 59416449 true true false false false false false false false true true false false false true true true false true true true false true false true false false false false true false false false false false false false false true true false false false false false false false true 27 0 true 570 true false true TW false false false true true false false false false X 12 12 false false true false true true false true true false false true true false false false false true false false X CATHY C HSU 3102013584 800 CHUNG SHAN N RD SEC 6 TAIPEI TAIPEI TW 11152 ELIZABETH WANG VICE CHAIR, BOD 4.0 0.0 X X 0 0 0 TIMOTHY CHANG M&R CHAIR/TREASURER, BOD 4.0 0.0 X X 0 0 0 MAE O' MALLEY SECRETARY, BOD 4.0 0.0 X X 0 0 0 TINA KOO CHAIRMAN, BOD 4.0 0.0 X X 0 0 0 JOSEPH HWANG BOARD OF DIRECTORS 4.0 0.0 X 0 0 0 GAYLE TSIEN BOARD OF DIRECTORS 4.0 0.0 X 0 0 0 CHARLOTTE ACKERT BOARD OF DIRECTORS 4.0 0.0 X 0 0 0 PAUL HSU BOARD OF DIRECTORS 4.0 0.0 X 0 0 0 SUSANNA SIEW KANG BOARD OF DIRCTORS 4.0 0.0 X 0 0 0 SONIA URBOM BOARD OF DIRECTORS 4.0 0.0 X 0 0 0 JOHN HWANG BOARD OF DIRECTORS 4.0 0.0 X 0 0 0 ALEX HSU BOARD OF DIRECTORS 4.0 0.0 X 0 0 0 SHARON D HENNESSY HEAD OF SCHOOL 40.0 0.0 X 648689 0 111104 RICHARD A HARTZELL US PRINCIPAL 40.0 0.0 X 308606 0 55440 STEVE PANTA ASST.SUPT.BUSINESS&OPERATIONS 40.0 0.0 X 196404 0 24950 CATRIONA MORAN DEPUTY HEAD OF SCHOOL 40.0 0.0 X 227038 0 31946 SHAUN O'ROURKE MS PRINCIPAL 40.0 0.0 X 203420 0 98694 CATHY C HSU CONTROLLER 40.0 0.0 X 222935 0 24010 GARY J PETTIGREW MS ASSOCIATE PRINCIPAL 40.0 0.0 X 152471 0 48529 NATHANIEL SMITH DIR. OF INSTRUCTION & LEARNING 40.0 0.0 X 162636 0 82827 ANDREW LOWMAN US ASSOCIATE PRINCIPAL 40.0 0.0 X 160351 0 94316 DANIEL T LONG US DEAN OF STUDENTS 40.0 0.0 X 157401 0 83165 KATHRYN LOUISE LIMMER DIRECTOR OF ADVANCEMENT 40.0 0.0 X 330917 0 101560 TARA SIMEONIDIS LS PRINCIPAL 40.0 0.0 X 197024 0 29355 RYAN ROBERT MUELLER DIR.OF PE, HEALTH&SPORTS K-12 40.0 0.0 X 238634 0 21295 MATT FAGEN TEACHER 40.0 0.0 X 150850 0 67988 ADRIAN NOLIN TEACHER 40.0 0.0 X 142750 0 90981 JOHN VANDENBOOM US ASSOCIATE PRINCIPAL 40.0 0.0 X 147161 0 18704 JEFFREY NEILL US DIR OF COLLEGE COUNSELING 40.0 0.0 X 146690 0 66446 SAMUEL QUEK IT ASSOCIATE DIRECTOR 40.0 0.0 X 144983 0 47308 MICHELLE A HITEMAN FORMER MS PRINCIPAL 0.0 0.0 X 178821 0 2725 4117781 0 1101343 142 true true false Gao Shiming Architects 3F BLOCK 39 ANHE ROAD TAIPEI 0 TW Architect Services 193697 Jones Day 8F 2 TUN HWA SOUTH ROAD SECTION 2 TAIPEI 0 TW Legal Services 100356 2 29103 39691 3228669 119927 3297463 INSTRUCTIONAL PROGRAMS 900099 65321717 65321717 USE OF SCHOOL FACILITY 900099 173050 173050 65494767 609695 609695 0 0 0 0 0 21825 31948 -10123 -10123 -10123 242723 29103 162276 80447 80447 0 0 0 302629 221649 80980 80980 CAFETERIA SERVICE 900099 1868026 1868026 STUDENT BUS 480000 1372668 1372668 SWIMMING POOL 900099 41372 41372 62423 62423 3344489 72897718 65494767 4105488 0 0 22546 22546 0 4548588 2217518 1838165 492905 0 29717060 27704964 1758353 253743 2797333 2580467 193988 22878 11713110 11210766 475634 26710 1656161 1563889 92272 0 134171 134171 71572 71572 0 0 0 410526 20355 390171 94307 13178 81129 938153 565286 308921 63946 1014263 1014263 0 2985451 2783310 176649 25492 777735 454948 322787 0 281461 109491 171970 127382 127382 0 4640239 4326056 274562 39621 66845 66845 CAFETERIA SERVICE COST 947640 947640 TEXTBOOKS/TEACHING MATERIALS 1194629 1194629 STUDENT BUS RENTAL 966503 966503 CO-CURRICULAR ACTIVITIES 1181522 1181522 958082 485451 472631 67245279 59416449 6822406 1006424 3020 2195 107912153 113425314 2479949 3234909 243708 286733 0 0 0 0 0 0 212016 200508 1498756 1497880 92516683 42139315 48894309 50377368 0 0 0 0 0 0 0 0 30974 29949 161274885 169054856 5054932 5670848 0 0 34810598 37116844 0 0 0 0 0 0 8986022 8458388 0 0 1785268 1663561 50636820 52909641 X 12350830 12124779 98287235 104020436 0 0 110638065 116145215 161274885 169054856 X 5652439 -145289 X false true X true false X 31124350 2371899 245306 -328299 40872 34028982 28672737 117035 252682 -328731 -1753165 31124350 26943886 2216230 388095 -309789 1185263 28672737 23818051 3251528 314342 -324044 764079 26943886 17243657 5783266 381297 -334784 -75047 23818051 1.00000 false false 40295725 14423459 25872266 39118361 24106244 15012117 13102597 3609612 9492985 50377368 0 STUDENT CLUBS PAYABLES 1663561 1663561 X 73175902 298895 298895 72877007 20711 20711 72897718 67523463 298895 298895 67224568 20711 20711 67245279 Endowment funds intended uses (Part V, line 4) The endowment funds are to be invested according to board policy and the income and corpus of the fund may be used to carry out the mission of the school as determined by the directors. Other revenues not included on Form 990 (Part XI, line 2d) Included cost of assets sold in the amount of $31,948, student store cost of goods sold in the amount of $222,825 and gala direct expenses in the amount of $44,122. Other revenues included on Form 990 (Part XI, line 4b) Included inventory physical counting gain and asset disposition gain offset with expenses in the amount of $20,711. Other expenses not included on Form 990 (Part XII, line 2d) Included cost of assets sold in the amount of $31,948, student store cost of goods sold in the amount of $222,825 and gala direct expenses in the amount of $44,122. Other expenses included on Form 990 (Part XII, line 4b) Included inventory physical counting gain and asset disposition gain offset with expenses in the amount of $20,711. Footnote for uncertain tax position under FIN 48 (Part X) The School believes that it has appropriate support for any tax positions taken affecting its annual filing requirements in the U.S., and as such, does not have any uncertain tax positions that are material to the financial statements. true true true true true true true false false false false false false false false true false true Governmental Agency Financial Aid (Questions 6a and 6b) American Institute in Taiwan has provided special grants in the amount of $39,691 in 2017 to support Administrators and faculty professional development, consulting services and psychological services. true East Asia and the Pacific 1 573 Program Services K-12 Education 67222733 East Asia and the Pacific Grantmaking 22546 1 573 1 573 67245279 67245279 SCHOLARSHIPS East Asia and the Pacific 2 22546 BankTransfer false false false false false false Use of grant monitoring procedures (Part I, line 2) The School has written procedures for awarding scholarship grants. This procedure clearly outlines the Scholarship Committee members authority and selection process of Committee members. Method of accounting for expenditures (Part I, line 3, col f) The School has used accrual method of accounting for expenditures. CHARITY GALA 271826 29103 242723 118154 37526 3150 3446 0 271826 29103 242723 118154 37526 3150 3446 162276 80447 X X X true true X X X X X true false false false false false false false false SHARON D HENNESSY HEAD OF SCHOOL 449834 49917 148938 45055 66049 759793 RICHARD A HARTZELL US PRINCIPAL 274122 10000 24484 45382 10058 364046 STEVE PANTA ASST.SUPT.BUSINESS&OPERATIONS 104750 91654 10475 14475 221354 CATRIONA MORAN DEPUTY HEAD OF SCHOOL 179898 47140 18190 13756 258984 SHAUN O'ROURKE MS PRINCIPAL 158743 44677 15874 82820 302114 CATHY C HSU CONTROLLER 172517 5000 45418 17252 6758 246945 GARY J PETTIGREW MS ASSOCIATE PRINCIPAL 107031 7500 37940 10703 37826 201000 NATHANIEL SMITH DIR. OF INSTRUCTION & LEARNING 122908 39728 12291 70536 245463 ANDREW LOWMAN US ASSOCIATE PRINCIPAL 100106 60245 10120 84196 254667 DANIEL T LONG US DEAN OF STUDENTS 90628 66773 8913 74252 240566 KATHRYN LOUISE LIMMER DIRECTOR OF ADVANCEMENT 257219 73698 34993 66567 432477 TARA SIMEONIDIS LS PRINCIPAL 158801 38223 16077 13278 226379 RYAN ROBERT MUELLER DIR.OF PE, HEALTH&SPORTS K-12 80343 7500 150791 8034 13261 259929 MATT FAGEN TEACHER 82686 68164 8269 59719 218838 ADRIAN NOLIN TEACHER 90673 52077 9059 81922 233731 JOHN VANDENBOOM US ASSOCIATE PRINCIPAL 103750 43411 10375 8329 165865 JEFFREY NEILL US DIR OF COLLEGE COUNSELING 79884 66806 7988 58458 213136 SAMUEL QUEK IT ASSOCIATE DIRECTOR 116382 28601 11638 35670 192291 MICHELLE A HITEMAN FORMER MS PRINCIPAL 178821 2725 181546 Benefit Information (Part I, Line 1a) The School provides livelihood supplements which include housing allowances to overseas hired faculty and administrators to supplement a portion of his or her living expenses in Taiwan. sixteen persons, including eleven key employees, and five highest compensated employees listed on Part II received the livelihood supplements during the year. The livelihood supplements are reported as taxable compensation. The Head of Schools monthly dues of American Club in Taipei are reimbursed by the School. The School also reimburses the initiation fee for three administrators to join the American Club in Taipei. The Club dues and initiation fee are considered reasonable business expenses and thus not reported as taxable compensation. As a condition of employment, the Head of School is provided an apartment nearby campus. The apartment is available for school sponsored events and to conduct school business outside normal business hours. The housekeeping services and utilities allocable to business portion are reported as business expenses. The portion of the housekeeping expenses and utilities allocable to the Head of Schools personal quarters is a taxable benefit. The value of the housing and business portion of housekeeping services and utilities is treated as non-taxable compensation under Section 119 (a) and is reported on Schedule J, Part II, and Column (d). Severance payment (Part I, Line 4a) Michelle A. Hiteman, Former MS Principal, received a severance payment and benefits of $181,546. X 131 Selling Price X 32130 Selling Price X 30 40072 Selling Price X Vouchers 33 45821 Selling Price X Lenovo Yoga 370 1 1773 Selling Price false true false Additional Information for Schedule M These items have been reported based on the number of items contributed. Organizational document changes (Part VI, Line 4) The school's Certificate of Incorporation and Bylaws were amended in November 2017, and then amended again in March 2018.The following significant changes were made to the Bylaws during the tax year: -Adding language that At all times the Board of Directors shall be comprised of a minimum of nine (9) individuals. This changed from a minimum of eleven (11) individuals. -Adding language that A minimum of seven (7) and a maximum of nine (9) individuals shall be elected by the General Members. -Changed number of Elected Directors from 10 General Members to at least fifty (50) -Adding language for resignation of director. Any director may resign at any time upon notice given in writing addressed to any director or officer of this corporation other than himself or herself or by electronic transmission addressed to any member of the Board or officer of this corporation other than himself or herself. -Adding language for removal of director. Any director may be removed by the Board of Directors if and to the extent permitted in the Certificate of Incorporation. Neither the General Members nor the Special Members, acting in such capacities, shall have the right to remove any director. Added language for Voting by Directors. each person serving as a director shall have one vote on the Board of Directors, except that, in the event of a vote that would otherwise result in a tie, the vote of the person then serving as Chairman of the Board of this corporation, if any, shall decide such vote. -A Treasurer was added as an officer of the corporation -Adding language for duties and responsibility of the Treasurer. Members or stockholder classes and rights (Part VI, Line 6) The parents of students currently enrolled in the School comprise the members of the Taipei American School Association (Association). The Association members are entitled to have (1) vote on all matters relating to the Association. Member election for additional members (Part VI, Line 7a) The Association members elect the Foundation's board of directors. Form 990 governing body review (Part VI, Line 11) The form 990 was reviewed by an independent public accounting firm before sending it to the Head of School and Chairperson of the Board. Subsequent to the Head of School's and Chair's review, all voting board members were provided a complete copy of the Form 990. The Form 990 was then filed with the Internal Revenue Service following the voting board members' review. Conflict of interest policy compliance (Part VI, Line 12c) The Chairperson of the Board is charged with monitoring for conflicts of interest and addressing any potential or actual conflicts of the officers and board members. Although the board and officers are not required to complete an annual conflict of interest questionnaire, the officers and board members self-report in writing to the full Board any conflicts of interest or potential conflicts of interest that may arise. Officers and board members will recuse themselves from any deliberation over issues involving a conflict of interest. CEO, executive director, top management comp (Part VI, Line 15a) The Board of Directors, none of whom had a conflict of interest with respect to the compensation arrangement, evaluated the Head of School's compensation during the tax year. The salary adjustment, if any, was reviewed by the compensation committee which consists of the Board Chair, Vice Chair, Secretary and the M&R (Management & Resources) Committee Chair. It was then approved by the full board of directors before becoming part of the budget. The board sought feedback from an independent compensation & benefit firm, gathered benchmarking data from comparable schools in the EARCOS region and reviewed the Head of School's compensation as disclosed in Form 990s of similarly sized private schools. The committee's discussions and deliberations were contemporaneously documented. Other officer or key employee compensation (Part VI, Line 15b) The Administrators' compensation is approved by the Board upon initial hire based on the Head of School's recommendation using benchmark compensation for similar size overseas schools. Periodic salary adjustments are approved by the Board Chair and M&R Chair and provided to HR and Controller offices for inclusion in the approved annual budget. Governing documents, etc, available to public (Part VI, line 19) TAS Policy Manual including governing documents and conflict of interest policy is available at secured school portals. The financial statements are not open to the Public except the data contained in Form 990. Explanation of other changes in net assets or fund balances (PART XI, LINE 9) Other changes in net assets or fund balances included currency exchange loss in the amount of $145,289. GENERAL EXPLANATION ATTACHMENT State of legal domicile (item M), the School is located in 800 Chung Shan N. Rd., Sec. 6, Taipei, Taiwan ROC 11152.(TW). Total number of Employees (Part I, line 5), 573 employees included 222 U.S. employees and 351 non U.S. employees as of December 31, 2017. THE STATES WITH WHICH A COPY OF THIS FORM 990 IS REQUIRED TO BE FILED (PART VI, LINE 17) TAS IS NOT REQUIRED TO FILE FROM 990 IN ANY STATE. State the name, physical address, and telephone number of the person who possesses the books and records of the organization (Part VI, line 20), Cathy C Hsu, Controller, Taipei American School Foundation, 800, Chung Shan N. Rd, Sec. 6, Taipei, Taiwan 11152, +886-2-2873-9900 ext 332. Due to software limitations, the Taiwan telephone number does not appear on Part VI, line 20.