CHOATE ROSEMARY HALL FOUNDATION INCORPORATED: Form 990, tax year 2016
View the entire original 990 at ProPublica ↗
- Organization
- CHOATE ROSEMARY HALL FOUNDATION INCORPORATED (EIN 06-0910420)
- Tax period
- 2016-07-01 to 2017-06-30
- Filed
- 2018-04-23
- IRS object ID
- 201821139349300522
- Schema version
- 2016v3.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule E
- Schedule F
- Schedule I
- Schedule J
- Schedule K
- Schedule L
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2018-04-23T12:14:51-05:00 | ReturnTs |
| Tax Period End | 2017-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 061009205 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BLUM SHAPIRO & COMPANY PC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | ONE INTERNATIONAL PLACE 16TH FL | AddressLine1Txt |
| City | BOSTON | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02110 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2016-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 060910420 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CHOATE ROSEMARY HALL FOUNDATION | BusinessNameLine1Txt |
| Business Name Line2 | INCORPORATED | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | CHOA | BusinessNameControlTxt |
| Phone | 2036972676 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 333 CHRISTIAN STREET | AddressLine1Txt |
| City | WALLINGFORD | CityNm |
| State Abbreviation | CT | StateAbbreviationCd |
| ZIP | 064923818 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | RICHARD SALTZ | PersonNm |
| Person Title | CHIEF FINANCIAL OFFICER | PersonTitleTxt |
| Phone | 2036972676 | PhoneNum |
| Signature | 2018-03-29 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | LAURA J KENNEY | PreparerPersonNm |
| PTIN | P00202198 | PTIN |
| Phone | 8605614000 | PhoneNum |
| Preparation | 2018-03-29 | PreparationDt |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 50.200.120.74 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2018-03-29 | IPDt |
| IP Tm | 19:09:21 | IPTm |
| IP Timezone | ED | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | 42409A6C13D0611563846229DEC7F9DFFE4F4631 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | DF8EC6EC51E1FD1DECD3FD9B85C405DAF374F076 | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2016 | TaxYr |
| Build TS | 2021-01-29 14:40:06Z | BuildTS |
Form 990 IRS990
Doing Business As Name DoingBusinessAsName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CHOATE ROSEMARY HALL | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | ALEXANDER CURTIS | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 333 CHRISTIAN STREET | AddressLine1Txt |
| City | WALLINGFORD | CityNm |
| State Abbreviation | CT | StateAbbreviationCd |
| ZIP | 064923818 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $96,755,443 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.CHOATE.EDU | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1974 | FormationYr |
| Legal Domicile State | CT | LegalDomicileStateCd |
| Activity Or Mission | TO PROVIDE A QUALITY SECONDARY INDEPENDENT SCHOOL EDUCATION TO APPROXIMATELY 862 STUDENTS PER YEAR. | ActivityOrMissionDesc |
| Voting Members Governing Body | 24 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 23 | VotingMembersIndependentCnt |
| Total Employee | 669 | TotalEmployeeCnt |
| Total Volunteers | 0 | TotalVolunteersCnt |
| Total Gross UBI | $52,103 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $29,619,465 | PYContributionsGrantsAmt |
| CY Contributions Grants | $36,334,503 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $50,453,979 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $51,444,530 | CYProgramServiceRevenueAmt |
| PY Investment Income | $3,166,040 | PYInvestmentIncomeAmt |
| CY Investment Income | $8,390,997 | CYInvestmentIncomeAmt |
| PY Other Revenue | -$78,436 | PYOtherRevenueAmt |
| CY Other Revenue | -$121,797 | CYOtherRevenueAmt |
| PY Total Revenue | $83,161,048 | PYTotalRevenueAmt |
| CY Total Revenue | $96,048,233 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $11,161,604 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $11,633,327 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $33,428,869 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $33,591,794 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $3,575,046 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $32,601,152 | PYOtherExpensesAmt |
| CY Other Expenses | $40,340,254 | CYOtherExpensesAmt |
| PY Total Expenses | $77,191,625 | PYTotalExpensesAmt |
| CY Total Expenses | $85,565,375 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $5,969,423 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $10,482,858 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $562,810,498 | TotalAssetsBOYAmt |
| Total Assets EOY | $613,932,030 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $72,499,762 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $66,657,793 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $490,310,736 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $547,274,237 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | TO PROVIDE A QUALITY SECONDARY INDEPENDENT SCHOOL EDUCATION TO APPROXIMATELY 862 STUDENTS PER YEAR. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $26,838,579 | ExpenseAmt |
| Revenue | $51,444,530 | RevenueAmt |
| Desc | THE SCHOOL EDUCATES (ACADEMICALLY, RESIDENTIALLY AND ATHLETICALLY) APPROXIMATELY 862 STUDENTS, GENERATING OVER $34 MILLION OF NET TUITION AND FEES, THROUGH THE EFFORTS OF DEDICATED FACULTY AND SUPPORT. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $15,515,208 | ExpenseAmt |
| Desc | THE SCHOOL MAINTAINS ABOUT 1.3 MILLION SQUARE FEET OF RESIDENTIAL, ACADEMIC AND ATHLETIC SPACE FOR A COMMUNITY OF OVER 1,000 MEMBERS. THE MAJORITY OF THIS EXPENSE REFLECTS THE DEPRECIATION ON THE SCHOOL PROPERTY, PLANT AND EQUIPMENT, WHICH HAS A CURRENT ACCOUNTING VALUE OF $156.2 MILLION. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $11,633,327 | ExpenseAmt |
| Grant | $11,633,327 | GrantAmt |
| Desc | THE SCHOOL DISCOUNTS TUITION IN THE FORM OF FINANCIAL AID AT AN APPROXIMATE RATE OF 25% IN AN EFFORT TO RECRUIT AND RETAIN THE MOST TALENTED STUDENT BODY. THE SCHOOL RECOGNIZES THAT A DIVERSE STUDENT BODY BETTERS THE OVERALL EXPERIENCE FOR ALL INVOLVED, AND THAT WHILE NOT EVERYONE CAN CONTRIBUTE FINANCIALLY IN TERMS OF TUITION, EVERYONE HAS SOMETHING TO OFFER THE CHOATE ROSEMARY HALL COMMUNITY. | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp (4 entries)
| ExpenseExpenseAmt | DescDesc |
|---|---|
| $5,575,007 | MANAGEMENT FEES FOR FOOD SERVICE AND HOUSEKEEPING EXPENSES |
| $1,539,271 | TRAVEL AND CONFERENCE EXPENSES |
| $2,534,848 | OFFICE AND INFORMATION TECHNOLOGY EXPENSES |
| $3,580,493 | ALL OTHER PROGRAM RELATED EXPENSES, INCLUDING ADVERTISING, ROYALTIES, INTEREST PAYMENTS, OUTSIDE RENTALS, ETC. |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Expense | $13,229,619 | TotalOtherProgSrvcExpenseAmt |
| Total Program Service Expenses | $67,216,733 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Temp Or Permanent Endowments | Yes (1) | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (1) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | 0 | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (1) | SchoolOperatingInd |
| Foreign Office | Yes (1) | ForeignOfficeInd |
| Foreign Activities | Yes (1) | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | Yes (1) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBondsInd |
| Escrow Account | 0 | EscrowAccountInd |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuerInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | Yes (1) | LoanOutstandingInd |
| Grant To Related Person | Yes (1) | GrantToRelatedPersonInd |
| Business Rln With Org Mem | Yes (1) | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | Yes (1) | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | 0 | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 227 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 669 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Foreign Financial Account | Yes (1) | ForeignFinancialAccountInd |
| Foreign Country | SP | ForeignCountryCd |
| Foreign Country | FR | ForeignCountryCd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 24 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 23 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HEATHER LAFONTAINE | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2036972676 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 333 CHRISTIAN STREET | AddressLine1Txt |
| City | WALLINGFORD | CityNm |
| State Abbreviation | CT | StateAbbreviationCd |
| ZIP | 06492 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (33 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Former Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd |
|---|---|---|---|---|---|---|---|---|---|
| ALEXANDER D CURTIS | |||||||||
| HEADMASTER | 60.00 | Yes (X) | Yes (X) | $447,720 | $0 | $295,032 | |||
| SAMUEL P BARTLETT | |||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||||
| MICHAEL J CARR | |||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||||
| GEORGE F COLONY | |||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||||
| JOHN F GREEN | |||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||||
| LINDA J HODGE | |||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||||
| BRETT M JOHNSON | |||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||||
| VANESSA KONG KERZNER | |||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||||
| CECELIA M KURZMAN | |||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||||
| EDWARD O LANPHIER | |||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||||
| GRETCHEN COOPER LEACH | |||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||||
| JAMES A LEBOVITZ | |||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||||
| KEWSONG LEE | |||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||||
| ROBERT A MINICUCCI | |||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||||
| HENRY K SNYDER | |||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||||
| BORJE E EKHOLM | |||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||||
| PATRICK J MCCURDY | |||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||||
| PETER B ORTHWEIN | |||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||||
| KENNETH G BARTELS | |||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||||
| TAL H NAZER | |||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||||
| M ANNE SA'ADAH | |||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||||
| PEGGY BRIM BEWKES | |||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||||
| JUNGWOOK RYAN HONG | |||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||||
| ALEXANDRA B AIRTH | |||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||||
| RICHARD SALTZ | |||||||||
| CFO | 60.00 | Yes (X) | $264,079 | $0 | $78,327 | ||||
| DANIEL COURCEY | |||||||||
| EXEC DIR OF DEVELOPMENT | 60.00 | $345,870 | $0 | $186,158 | Yes (X) | ||||
| JOHN BURDITT | |||||||||
| CIO | 40.00 | $232,756 | $0 | $38,056 | Yes (X) | ||||
| KATHLEEN WALLACE | |||||||||
| ASSOCIATE HEAD OF SCHOOL | 40.00 | $200,292 | $0 | $28,785 | Yes (X) | ||||
| RAYMOND DIFFLEY | |||||||||
| ADMISSION DIRECTOR | 60.00 | $167,271 | $0 | $33,436 | Yes (X) | ||||
| WATSON LOWERY | |||||||||
| TEACHER | 40.00 | $174,844 | $0 | $12,864 | Yes (X) | ||||
| CHRISTOPHER DIAMOND | |||||||||
| DIR. OF HEALTH CENTER | 60.00 | $176,604 | $0 | $70,833 | Yes (X) | ||||
| MARI JONES | |||||||||
| DIR. DEVELOPMENT & ALUMNI RELATIONS | 40.00 | $139,606 | $0 | $39,352 | Yes (X) | ||||
| BENJAMIN GARDNER | |||||||||
| DIR. OF HEALTH CENTER | 0.00 | $171,918 | $0 | $0 | Yes (X) | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $2,320,960 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $782,843 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 23 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | Yes (1) | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| SHAWMUT DESIGN AND CONSTRUCTION | |||||
| 560 HARRISON AVE SUITE 200 | BOSTON | MA | 02118 | CONSTRUCTION | $13,716,108 |
| SAGE DINING SERVICES | |||||
| 1402 YORK ROAD SUITE 100 | LUTHERVILLE | MD | 21093 | FOOD SERVICE | $4,369,115 |
| ABM JANITORIAL SERVICES | |||||
| PO BOX 1534 | NEW YORK | NY | 100081534 | CAMPUS JANITORIAL SERVICES | $1,500,110 |
| ROBERT A M STERN ASSOCIATES | |||||
| ONE PARK AVENUE | NEW YORK | NY | 10016 | ARCHITECT | $1,327,836 |
| HIGHER LEARNING SUPPLY COMPANY | |||||
| 733 CHAPIN STREET SUITE 102 | LUDLOW | MA | 01056 | SCHOOL STORE | $615,042 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 32 | CntrctRcvdGreaterThan100KCnt |
| All Other Contributions | $36,334,503 | AllOtherContributionsAmt |
| Noncash Contributions | $4,084,519 | NoncashContributionsAmt |
| Total Contributions | $36,334,503 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (5 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| TUITION AND FEES | 611710 | $45,785,712 | $45,785,712 |
| SUMMER PROGRAMS | 611710 | $4,424,929 | $4,424,929 |
| STUDENT ACTIVITIES | 611710 | $377,530 | $377,530 |
| APPLICATION FEES | 611710 | $227,435 | $227,435 |
| INFIRMARY/COUNSELING | 611710 | $182,693 | $182,693 |
Total Oth Program Service Rev TotalOthProgramServiceRevGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $446,231 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $446,231 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $51,444,530 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $3,146,590 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | -$109,568 | UnrelatedBusinessRevenueAmt |
| Exclusion | $3,256,158 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $256,495 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $304,700 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | -$48,205 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$48,205 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | -$48,205 | UnrelatedBusinessRevenueAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $5,244,407 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $0 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $5,244,407 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $5,244,407 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $209,876 | UnrelatedBusinessRevenueAmt |
| Exclusion | $5,034,531 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | $328,918 | GrossSalesOfInventoryAmt |
| Cost Of Goods Sold | $402,510 | CostOfGoodsSoldAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$73,592 | TotalRevenueColumnAmt |
| Exclusion | -$73,592 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $96,048,233 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $51,444,530 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $52,103 | UnrelatedBusinessRevenueAmt |
| Exclusion | $8,217,097 | ExclusionAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $11,633,327 | TotalAmt |
| Program Services | $11,633,327 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,936,124 | TotalAmt |
| Program Services | $176,513 | ProgramServicesAmt |
| Management And General | $890,042 | ManagementAndGeneralAmt |
| Fundraising | $869,569 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $22,790,605 | TotalAmt |
| Program Services | $19,591,664 | ProgramServicesAmt |
| Management And General | $1,556,911 | ManagementAndGeneralAmt |
| Fundraising | $1,642,030 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,039,052 | TotalAmt |
| Program Services | $2,684,332 | ProgramServicesAmt |
| Management And General | $142,368 | ManagementAndGeneralAmt |
| Fundraising | $212,352 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,104,330 | TotalAmt |
| Program Services | $2,939,442 | ProgramServicesAmt |
| Management And General | $1,106,232 | ManagementAndGeneralAmt |
| Fundraising | $58,656 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,721,683 | TotalAmt |
| Program Services | $1,446,628 | ProgramServicesAmt |
| Management And General | $142,168 | ManagementAndGeneralAmt |
| Fundraising | $132,887 | FundraisingAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,600,114 | TotalAmt |
| Program Services | $5,575,007 | ProgramServicesAmt |
| Management And General | $8,837 | ManagementAndGeneralAmt |
| Fundraising | $16,270 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,722,466 | TotalAmt |
| Management And General | $5,722,466 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $94,821 | TotalAmt |
| Management And General | $94,821 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,801,822 | TotalAmt |
| Management And General | $3,801,822 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,026,239 | TotalAmt |
| Program Services | $1,719,586 | ProgramServicesAmt |
| Management And General | $125,422 | ManagementAndGeneralAmt |
| Fundraising | $181,231 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $75,561 | TotalAmt |
| Program Services | $20,140 | ProgramServicesAmt |
| Management And General | $55,421 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,736,633 | TotalAmt |
| Program Services | $2,195,150 | ProgramServicesAmt |
| Management And General | $523,968 | ManagementAndGeneralAmt |
| Fundraising | $17,515 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $392,027 | TotalAmt |
| Program Services | $339,698 | ProgramServicesAmt |
| Management And General | $52,299 | ManagementAndGeneralAmt |
| Fundraising | $30 | FundraisingAmt |
Royalties RoyaltiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,568 | TotalAmt |
| Program Services | $6,568 | ProgramServicesAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,953,133 | TotalAmt |
| Program Services | $1,859,683 | ProgramServicesAmt |
| Management And General | $74,007 | ManagementAndGeneralAmt |
| Fundraising | $19,443 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,544,240 | TotalAmt |
| Program Services | $1,333,713 | ProgramServicesAmt |
| Management And General | $51,709 | ManagementAndGeneralAmt |
| Fundraising | $158,818 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $219,007 | TotalAmt |
| Program Services | $205,558 | ProgramServicesAmt |
| Management And General | $7,549 | ManagementAndGeneralAmt |
| Fundraising | $5,900 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,394,568 | TotalAmt |
| Program Services | $1,341,575 | ProgramServicesAmt |
| Management And General | $39,187 | ManagementAndGeneralAmt |
| Fundraising | $13,806 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $11,212,480 | TotalAmt |
| Program Services | $10,781,714 | ProgramServicesAmt |
| Management And General | $318,540 | ManagementAndGeneralAmt |
| Fundraising | $112,226 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,206,220 | TotalAmt |
| Program Services | $1,160,383 | ProgramServicesAmt |
| Management And General | $33,895 | ManagementAndGeneralAmt |
| Fundraising | $11,942 | FundraisingAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| MAINTENANCE & REPAIR | $1,713,528 | $1,713,428 | $100 | |
| OUTSIDE RENTALS | $222,360 | $156,419 | $1,303 | $64,638 |
| GIFTS & RECOGNITION | $136,492 | $77,634 | $10,664 | $48,194 |
| MINOR EQUIP. PURCHASE | $101,512 | $84,520 | $13,592 | $3,400 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $180,463 | TotalAmt |
| Program Services | $174,051 | ProgramServicesAmt |
| Management And General | $273 | ManagementAndGeneralAmt |
| Fundraising | $6,139 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $85,565,375 | TotalAmt |
| Program Services | $67,216,733 | ProgramServicesAmt |
| Management And General | $14,773,596 | ManagementAndGeneralAmt |
| Fundraising | $3,575,046 | FundraisingAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $15,967,306 | BOYAmt |
| EOY | $19,202,258 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $26,601,886 | BOYAmt |
| EOY | $37,015,429 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $128,276 | BOYAmt |
| EOY | $54,728 | EOYAmt |
Receivables From Officers Etc ReceivablesFromOfficersEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $104,191 | BOYAmt |
| EOY | $69,191 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $244,257 | BOYAmt |
| EOY | $176,729 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,674,761 | BOYAmt |
| EOY | $2,840,429 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $291,290,480 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $135,085,044 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $142,231,856 | BOYAmt |
| EOY | $156,205,436 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $105,895,525 | BOYAmt |
| EOY | $85,664,769 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $268,763,197 | BOYAmt |
| EOY | $312,385,256 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $199,243 | BOYAmt |
| EOY | $317,805 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $562,810,498 | BOYAmt |
| EOY | $613,932,030 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,154,526 | BOYAmt |
| EOY | $6,342,230 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $16,117,789 | BOYAmt |
| EOY | $15,400,827 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $35,050,000 | BOYAmt |
| EOY | $34,025,000 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $14,177,447 | BOYAmt |
| EOY | $10,889,736 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $72,499,762 | BOYAmt |
| EOY | $66,657,793 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $219,690,676 | BOYAmt |
| EOY | $228,648,732 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $139,158,018 | BOYAmt |
| EOY | $184,456,357 | EOYAmt |
Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $131,462,042 | BOYAmt |
| EOY | $134,169,148 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $490,310,736 | BOYAmt |
| EOY | $547,274,237 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $562,810,498 | BOYAmt |
| EOY | $613,932,030 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $10,482,858 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $43,959,726 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $2,520,917 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School | Yes (X) | SchoolInd |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $20,945,548 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $24,299,117 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $18,189,969 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $29,619,465 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $36,334,503 | CurrentTaxYearAmt |
| Total | $129,388,602 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $20,945,548 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $24,299,117 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $18,189,969 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $29,619,465 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $36,334,503 | CurrentTaxYearAmt |
| Total | $129,388,602 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $7,169,373 | SubstantialContributorsTotAmt |
| Public Support Total170 | $122,219,229 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,546,476 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1,706,377 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $2,156,109 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,972,367 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $3,256,158 | CurrentTaxYearAmt |
| Total | $10,637,487 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $140,026,089 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $245,135,456 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.87280 | PublicSupportCY170Pct |
| Public Support PY170 | 0.80720 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Incl Escrow Custodial Acct Liab | 0 | InclEscrowCustodialAcctLiabInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $343,101,418 | BeginningYearBalanceAmt |
| Contributions | $2,923,744 | ContributionsAmt |
| Investment Earnings Or Losses | $51,360,514 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $21,774,259 | OtherExpendituresAmt |
| Administrative Expenses | $4,340,300 | AdministrativeExpensesAmt |
| End Year Balance | $371,271,117 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $353,608,160 | BeginningYearBalanceAmt |
| Contributions | $7,520,998 | ContributionsAmt |
| Investment Earnings Or Losses | -$120,848 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $15,372,945 | OtherExpendituresAmt |
| Administrative Expenses | $2,533,947 | AdministrativeExpensesAmt |
| End Year Balance | $343,101,418 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $356,726,590 | BeginningYearBalanceAmt |
| Contributions | $4,860,464 | ContributionsAmt |
| Investment Earnings Or Losses | $9,114,022 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $14,164,319 | OtherExpendituresAmt |
| Administrative Expenses | $2,928,597 | AdministrativeExpensesAmt |
| End Year Balance | $353,608,160 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $317,866,454 | BeginningYearBalanceAmt |
| Contributions | $7,947,370 | ContributionsAmt |
| Investment Earnings Or Losses | $48,057,826 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $13,240,358 | OtherExpendituresAmt |
| Administrative Expenses | $3,904,702 | AdministrativeExpensesAmt |
| End Year Balance | $356,726,590 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $284,784,784 | BeginningYearBalanceAmt |
| Contributions | $7,309,320 | ContributionsAmt |
| Investment Earnings Or Losses | $41,718,690 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $12,096,396 | OtherExpendituresAmt |
| Administrative Expenses | $3,849,944 | AdministrativeExpensesAmt |
| End Year Balance | $317,866,454 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.30000 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.36000 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.34000 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $2,622,278 | OtherCostOrOtherBasisAmt |
| Book Value | $2,622,278 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $244,351,498 | OtherCostOrOtherBasisAmt |
| Depreciation | $107,277,085 | DepreciationAmt |
| Book Value | $137,074,413 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $25,282,957 | OtherCostOrOtherBasisAmt |
| Depreciation | $19,951,844 | DepreciationAmt |
| Book Value | $5,331,113 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $19,033,747 | OtherCostOrOtherBasisAmt |
| Depreciation | $7,856,115 | DepreciationAmt |
| Book Value | $11,177,632 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $156,205,436 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp (2 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| ALTERNATIVE INVESTMENTS | $302,657,228 | F |
| SPLIT INTEREST AGREEMENTS | $9,728,028 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $312,385,256 | TotalBookValueSecuritiesAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)
| DescDesc | AmtAmt |
|---|---|
| LIABILITY UNDER SPLIT-INTEREST AGREEMENTS | $3,574,191 |
| AGENCY FUNDS | $322,787 |
| INTEREST RATE SWAP VALUATION | $6,992,758 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $10,889,736 | TotalLiabilityAmt |
| Total Rev Etc Audited Fincl Stmt | $124,421,810 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $43,959,726 | NetUnrealizedGainsInvstAmt |
| Other Revenue | -$16,293,359 | OtherRevenueAmt |
| Revenue Not Reported | $27,666,367 | RevenueNotReportedAmt |
| Revenue Subtotal | $96,755,443 | RevenueSubtotalAmt |
| Other Revenues Not Included | -$707,210 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | -$707,210 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $96,048,233 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $70,480,961 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $707,210 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $707,210 | ExpensesNotReportedAmt |
| Expenses Subtotal | $69,773,751 | ExpensesSubtotalAmt |
| Other Expenses Not Included | $15,791,624 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $15,791,624 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $85,565,375 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART V, LINE 4: | THE INTENDED USE OF THE ENDOWMENT FUNDS IS TO SUPPORT THE ORGANIZATION'S MISSION OF PROVIDING A QUALITY EDUCATION TO STUDENTS. |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | FINANCIAL AID RECLASS -11,633,327. INVESTMENT MANAGEMENT FEE RECLASS -4,340,301. CHANGE IN VALUE OF SPLIT INTEREST OBLIGATIONS 222,846. BENEFITS PAID ON ANNUITY OBLIGATIONS -501,735. POSTAGE RECHARGE -40,843. ROUNDING 1. |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | RENTAL EXPENSES RECLASS -304,700. COST OF GOODS SOLD RECLASS -402,510. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | COST OF GOODS SOLD RECLASS 402,510. RENTAL EXPENSES RECLASS 304,700. |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | FINANCIAL AID RECLASS 11,633,327. INVESTMENT MANAGEMENT FEES RECLASS 4,340,301. CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS -222,846. POSTAGE RECLASS 40,843. ROUNDING -1. |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | Yes (1) | NondiscriminatoryPolicyStmtInd |
| Policy Stmt In Brochures Etc | Yes (1) | PolicyStmtInBrochuresEtcInd |
| Plcy Pblczd Via Broadcast Media | Yes (1) | PlcyPblczdViaBroadcastMediaInd |
| Maintain Racial Comp Recs | Yes (1) | MaintainRacialCompRecsInd |
| Maintain Scholarships Recs | Yes (1) | MaintainScholarshipsRecsInd |
| Maintain Cpy Of Brochures Etc | Yes (1) | MaintainCpyOfBrochuresEtcInd |
| Maintain Cpy Of All Sol | Yes (1) | MaintainCpyOfAllSolInd |
| Discriminate Race Stdnts Rghts | 0 | DiscriminateRaceStdntsRghtsInd |
| Discriminate Race Admiss Plcy | 0 | DiscriminateRaceAdmissPlcyInd |
| Discriminate Race Emplm Fculty | 0 | DiscriminateRaceEmplmFcultyInd |
| Discriminate Race Schs | 0 | DiscriminateRaceSchsInd |
| Discriminate Race Educ Plcy | 0 | DiscriminateRaceEducPlcyInd |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFcltsInd |
| Discriminate Race Athlt Prog | 0 | DiscriminateRaceAthltProgInd |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActyInd |
| Government Financial Aid Rcvd | 0 | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | 0 | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (1) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE E, PART I, LINE 3 | FormAndLineReferenceDesc |
| Explanation | A STATEMENT OF CHOATE'S NON-DISCRIMINATION POLICY IS INCLUDED IN ALL BROCHURES AND CATALOGS PERTAINING TO APPLICATIONS, FINANCIAL AID AND ENROLLMENT MATERIALS UTILIZED DURING STUDENT RECRUITMENT, MATRICULATION AND RE-ENROLLMENT, IS POSTED IN MULTIPLE LOCATIONS ON OUR WEB SITE, AND IS STATED IN ALUMNI PUBLICATIONS. | ExplanationTxt |
Schedule F IRS990ScheduleF
Account Activities Outside US AccountActivitiesOutsideUSGrp (4 entries)
| RegionRegionTxt | OfficesOfficesCnt | EmployeeEmployeeCnt | Type Of Activities ConductedTypeOfActivitiesConductedTxt | Specific Services ProvidedSpecificServicesProvidedTxt | Region Total ExpendituresRegionTotalExpendituresAmt |
|---|---|---|---|---|---|
| EUROPE | 2 | 2 | PROGRAM SERVICES | STUDY ABROAD PROGRAM | $342,000 |
| EAST ASIA AND THE PACIFIC | 0 | 1 | PROGRAM SERVICES | STUDY ABROAD PROGRAM | $162,800 |
| CENTRAL AMERICA AND THE CARIBBEAN | 0 | 0 | INVESTMENTS | $79,709,000 | |
| EUROPE | 0 | 0 | INVESTMENTS | $3,233,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 2 | SubtotalOfficesCnt |
| Subtotal Employees | 3 | SubtotalEmployeesCnt |
| Continutation Total Office | 0 | ContinutationTotalOfficeCnt |
| Continutation Total Employee | 0 | ContinutationTotalEmployeeCnt |
| Total Office | 2 | TotalOfficeCnt |
| Total Employee | 3 | TotalEmployeeCnt |
| Subtotal Spent | $83,446,800 | SubtotalSpentAmt |
| Continuation Spent | $0 | ContinuationSpentAmt |
| Total Spent | $83,446,800 | TotalSpentAmt |
| Transfer To Foreign Corp | Yes (1) | TransferToForeignCorpInd |
| Interest In Foreign Trust | 0 | InterestInForeignTrustInd |
| Foreign Corp Ownership | Yes (1) | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | Yes (1) | PassiveForeignInvestmestCoInd |
| Foreign Partnership | Yes (1) | ForeignPartnershipInd |
| Boycott Countries | 0 | BoycottCountriesInd |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | FINANCIAL AID | GrantTypeTxt |
| Recipient | 288 | RecipientCnt |
| Non Cash Assistance | $11,633,327 | NonCashAssistanceAmt |
| Valuation Method Used | OTHER | ValuationMethodUsedDesc |
| Non Cash Assistance | FINANCIAL AID-REDUCTION IN TUITION | NonCashAssistanceDesc |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | FINANCIAL AID IS PROVIDED VIA A REDUCTION IN TUITION. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| First Class Or Charter Travel | Yes (X) | FirstClassOrCharterTravelInd |
| Idemnification Gross Up Pmts | Yes (X) | IdemnificationGrossUpPmtsInd |
| Housing Allowance Or Residence | Yes (X) | HousingAllowanceOrResidenceInd |
| Personal Services | Yes (X) | PersonalServicesInd |
| Written Policy Ref T And E Expnss | 0 | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | Yes (1) | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | Yes (1) | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (10 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ALEXANDER D CURTIS | ||||||||||||||
| HEADMASTER | $408,926 | $0 | $0 | $0 | $38,794 | $0 | $132,750 | $0 | $162,282 | $0 | $742,752 | $0 | $0 | $0 |
| RICHARD SALTZ | ||||||||||||||
| CFO | $262,707 | $0 | $0 | $0 | $1,372 | $0 | $39,279 | $0 | $39,048 | $0 | $342,406 | $0 | $0 | $0 |
| DANIEL COURCEY | ||||||||||||||
| EXEC DIR OF DEVELOPMENT | $336,246 | $0 | $0 | $0 | $9,624 | $0 | $100,400 | $0 | $85,758 | $0 | $532,028 | $0 | $0 | $0 |
| JOHN BURDITT | ||||||||||||||
| CIO | $195,333 | $0 | $0 | $0 | $37,423 | $0 | $29,300 | $0 | $8,756 | $0 | $270,812 | $0 | $0 | $0 |
| KATHLEEN WALLACE | ||||||||||||||
| ASSOCIATE HEAD OF SCHOOL | $197,869 | $0 | $0 | $0 | $2,423 | $0 | $28,785 | $0 | $0 | $0 | $229,077 | $0 | $0 | $0 |
| RAYMOND DIFFLEY | ||||||||||||||
| ADMISSION DIRECTOR | $79,000 | $0 | $0 | $0 | $88,271 | $0 | $11,850 | $0 | $21,586 | $0 | $200,707 | $0 | $0 | $0 |
| WATSON LOWERY | ||||||||||||||
| TEACHER | $41,693 | $0 | $0 | $0 | $133,151 | $0 | $6,254 | $0 | $6,610 | $0 | $187,708 | $0 | $0 | $0 |
| CHRISTOPHER DIAMOND | ||||||||||||||
| DIR. OF HEALTH CENTER | $175,888 | $0 | $0 | $0 | $716 | $0 | $27,405 | $0 | $43,428 | $0 | $247,437 | $0 | $0 | $0 |
| MARI JONES | ||||||||||||||
| DIR. DEVELOPMENT & ALUMNI RELATIONS | $138,736 | $0 | $0 | $0 | $870 | $0 | $21,924 | $0 | $17,428 | $0 | $178,958 | $0 | $0 | $0 |
| BENJAMIN GARDNER | ||||||||||||||
| DIR. OF HEALTH CENTER | $0 | $0 | $0 | $0 | $171,918 | $0 | $0 | $0 | $0 | $0 | $171,918 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 1B | THE SCHOOL REQUIRES THAT ITS SENIOR LEADERSHIP RESIDE ON CAMPUS AS A CONDITION OF EMPLOYMENT. ALL FACULTY WHO RESIDE IN SCHOOL HOUSING ARE REQUESTED TO SUBSTANTIATE THEIR "BUSINESS USE" OF THE FACILITY ONCE A YEAR. ALL FACULTY ARE REQUIRED TO PROVIDE SERVICES TOWARD THE RESIDENTIAL LIFE PROGRAM AT CHOATE ROSEMARY HALL. THE SCHOOL DOES NOT REIMBURSE EXPENSES FOR HOUSING AND PERSONAL SERVICES. |
| PART I, LINES 4A-B | AN AGREED UPON PAYMENT OF $171,918 WAS MADE TO BENJAMIN GARDNER. AN AGREED UPON PAYMENT OF $137,587 WAS MADE TO WATSON LOWERY. AN AGREED UPON PAYMENT OF $90,852 WAS MADE TO RAYMOND DIFFLEY. AN AGREED UPON PAYMENT OF $45,455 WAS MADE TO JOHN BURDITT. ALEXANDER CURTIS AND DANIEL COURCEY PARTICPATE IN A 457(F) PLAN. |
| PART I LINE 1A | THE HEAD OF THE SCHOOL IS ALLOWED TO TRAVEL FIRST CLASS WITH PRIOR APPROVAL FROM THE CHEIF FINANCIAL OFFICER. |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CONNECTICUT HEALTH AND EDUCATIONAL FACILITIES AUTHORITY | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Issuer EIN | 060806186 | BondIssuerEIN |
| CUSIP | 20774YUT2 | CUSIPNum |
| Bond Issued | 2015-03-27 | BondIssuedDt |
| Issue Price | $36,110,000 | IssuePriceAmt |
| Purpose | SERIES E BONDS WERE ISSUED TO REFINANCE SERIES D BONDS | PurposeDesc |
| Defeased | 0 | DefeasedInd |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuerInd |
| Pool Financing | 0 | PoolFinancingInd |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Total Proceeds | $36,110,000 | TotalProceedsAmt |
| Other Spent Proceeds | $36,110,000 | OtherSpentProceedsAmt |
| Current Refunding | Yes (1) | CurrentRefundingInd |
| Advance Refunding | 0 | AdvanceRefundingInd |
| Final Allocation Made | Yes (1) | FinalAllocationMadeInd |
| Adequate Books And Rec Maint | Yes (1) | AdequateBooksAndRecMaintInd |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Owning Bond Financed Property | 0 | OwningBondFinancedPropertyInd |
| Any Lease Arrangements | 0 | AnyLeaseArrangementsInd |
| Mgmt Contract Bond Fincd Prop | 0 | MgmtContractBondFincdPropInd |
| Any Research Agreements | 0 | AnyResearchAgreementsInd |
| Private Bus Use By Others | 0.00000 | PrivateBusUseByOthersPct |
| Private Bus Concerning UBI | 0.00000 | PrivateBusConcerningUBIPct |
| Total Private Business Use | 0.00000 | TotalPrivateBusinessUsePct |
| Bond Iss Meet Prvt Sec Pymt Test | 0 | BondIssMeetPrvtSecPymtTestInd |
| Change In Use Bond Financed Prop | 0 | ChangeInUseBondFinancedPropInd |
| Procs Nonqualified Bond Remdtd | Yes (1) | ProcsNonqualifiedBondRemdtdInd |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Form8038 T Filed | 0 | Form8038TFiledInd |
| Rebate Not Due Yet | 0 | RebateNotDueYetInd |
| Exception To Rebate | 0 | ExceptionToRebateInd |
| No Rebate Due | 0 | NoRebateDueInd |
| Variable Rate Issue | Yes (1) | VariableRateIssueInd |
| Hedge Identified In Bks And Rec | Yes (1) | HedgeIdentifiedInBksAndRecInd |
Hedge Provider Name HedgeProviderName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BARCLAY'S | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Term Of Hedge | 20.000000000000 | TermOfHedgePct |
| Superintegrated Hedge | Yes (1) | SuperintegratedHedgeInd |
| Hedge Terminated | 0 | HedgeTerminatedInd |
| Gross Proceeds Invested In GIC | 0 | GrossProceedsInvestedInGICInd |
| Gross Proceeds Invested | 0 | GrossProceedsInvestedInd |
| Written Proc To Monitor Reqs | Yes (1) | WrittenProcToMonitorReqsInd |
Procedures Corrective Action ProceduresCorrectiveActionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Procedures Corrective Action | 0 | ProceduresCorrectiveActionInd |
Schedule L IRS990ScheduleL
Loans Btwn Org Interested Prsn LoansBtwnOrgInterestedPrsnGrp (2 entries)
| Relationship With OrgRelationshipWithOrgTxt | Loan PurposeLoanPurposeTxt | Loan From OrganizationLoanFromOrganizationInd | Original PrincipalOriginalPrincipalAmt | Balance DueBalanceDueAmt | DefaultDefaultInd | Board Or Committee ApprovalBoardOrCommitteeApprovalInd | Written AgreementWrittenAgreementInd |
|---|---|---|---|---|---|---|---|
| ALEX CURTIS | |||||||
| PART V | PART V | Yes (X) | $113,000 | $13,000 | 0 | Yes (1) | Yes (1) |
| DANIEL COURCEY | |||||||
| PART V | PART V | Yes (X) | $81,191 | $56,191 | 0 | Yes (1) | Yes (1) |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Balance Due | $69,191 | TotalBalanceDueAmt |
Grnt Asst Bnft Interested Prsn GrntAsstBnftInterestedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | VARIOUS | PersonNm |
| Relationship With Org | PART V | RelationshipWithOrgTxt |
| Cash Grant | $16,500 | CashGrantAmt |
| Type Of Assistance | $750 COLLEGE AID GRANT | TypeOfAssistanceTxt |
| Assistance Purpose | COLLEGE GRANT | AssistancePurposeTxt |
Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp (2 entries)
| Relationship DescriptionRelationshipDescriptionTxt | TransactionTransactionAmt | TransactionTransactionDesc | Sharing Of RevenuesSharingOfRevenuesInd |
|---|---|---|---|
| HEATHER COURCEY | |||
| SPOUSE OF KEY EMPLOYEE | $12,678 | EMPLOYMENT | 0 |
| ELIZABETH FECKO-CURTIS | |||
| SPOUSE OF OFFICER | $42,024 | EMPLOYMENT | 0 |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE L, PART II, LOANS TO AND FROM INTERESTED PERSONS: | (A) NAME OF PERSON: ALEXANDER CURTIS(B) RELATIONSHIP WITH ORGANIZATION: HEAD OF SCHOOL(C) PURPOSE OF LOAN: LOAN TO FACILITATE MOVE TO CT(A) NAME OF PERSON: DANIEL COURCEY(B) RELATIONSHIP WITH ORGANIZATION: EXECUTIVE DIRECTOR OF DEVELOPMENT(C) PURPOSE OF LOAN: HOME REFINANCE |
| SCHEDULE L, PART III, GRANTS OR ASSISTANCE BENEFITING INTERESTED PERSONS | (A) NAME OF PERSON: VARIOUS(B) RELATIONSHIP BETWEEN INTERESTED PERSON AND ORGANIZATION: CHILDREN OF FACULTY |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 85 | ContributionCnt |
| Noncash Contributions Rpt F990 | $4,084,519 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (1) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | Yes (1) | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 32B: | FormAndLineReferenceDesc |
| Explanation | THE SCHOOL UTILIZES THE SERVICES OF STOCK BROKER FIRMS TO SELL DONATED SECURITIES. CASH IS THEN TRANSFERRED TO THE SCHOOL'S BANK ACCOUNT. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION B, LINE 11B | THE MANAGEMENT OF THE SCHOOL DISTRIBUTES THE DRAFT COPY OF THE FORM 990 TO THE ENTIRE BOARD OF TRUSTEES. MANAGEMENT IS AVAILABLE FOR ANY QUESTIONS BOARD MEMBERS MAY HAVE. |
| FORM 990, PART VI, SECTION B, LINE 12C | THE SCHOOL'S AUDIT COMMITTEE DOES AN INVENTORY OF EACH RESPONDENT'S CONFLICT OF INTEREST QUESTIONNAIRE BEFORE EACH APRIL MEETING. THE AUDIT COMMITTEE ENSURES THERE IS A 100% RESPONSE RATE. THE TRUSTEESHIP COMMITTEE FOLLOWS UP ON CONFLICTS THAT ARE DISCLOSED, IF ANY. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES MEETS ONCE A YEAR TO DISCUSS AND REVIEW THE HEAD OF SCHOOL'S AND SENIOR ADMINISTRATORS' COMPENSATION. THE CFO PROVIDES SALARY HISTORY AND COMPARISONS FROM ABOPS AND/OR NACUBO OR OTHER THIRD PARTY SOURCES TO THE COMMITTEE FOR THE HEAD OF SCHOOL AND SENIOR ADMINISTRATORS AND MAKES A RECOMMENDATION OF INCREASES BASED ON FACULTY COMPENSATION POOL (PERCENT OF INCREASE). FROM TIME-TO-TIME, A PRIVATE CONSULTANT IS CONTRACTED TO PERFORM INDEPENDENT ANALYSIS OF COMPENSATION PACKAGES AND ENSURE COMPLIANCE WITH IRS REGULATIONS OF THE INTERMEDIATE SANCTIONS ACT AND REBUTTABLE PRESUMPTION OF REASONABLENESS TESTS. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE SCHOOL MAKES ITS 990 AND AUDITED FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. THE SCHOOL DOES NOT MAKE ITS GOVERNING DOCUMENTS OR ITS CONFLICT OF INTEREST POLICY AVAILABLE TO THE PUBLIC. |
| FORM 990, PART XI, LINE 9: | BENEFITS PAID ON ANNUITY OBLIGATIONS -501,735. UNREALIZED GAIN ON INTEREST RATE SWAP 3,022,652. |
| FORM 990, PART XII, LINE 2C | THE ORGANIZATION HAS AN AUDIT COMMITTEE WHICH OVERSEES THE WORK OF ITS INDEPENDENT ACCOUNTANTS, AND IS RESPONSIBLE FOR THEIR SELECTION. |
Schedule R IRS990ScheduleR
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp
Related Organization Name RelatedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CHARITABLE REMAINDER TRUST (1) | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Primary Activities | CHARITABLE TRUST | PrimaryActivitiesTxt |
| Legal Domicile State | CT | LegalDomicileStateCd |
| Entity Type | T | EntityTypeTxt |
| Controlled Organization | 0 | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | 0 | SharingOfFacilitiesInd |
| Paid Employees Sharing | 0 | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |