2018-04-12T07:48:20-05:00 2017-06-30 381357951 PLANTE & MORAN PLLC 2601 Cambridge Ct Ste 500 Auburn Hills MI 48326 990 2016-07-01 382015048 CRANBROOK EDUCATIONAL COMMUNITY CRAN 2486453000 PO BOX 801 BLOOMFIELD HILLS MI 483030801 RODERICK SPEARIN COO 2486453000 2018-04-06 1 LYNNE HUISMANN P00053811 2483757100 2018-04-06 67.59.56.30 2018-04-06 16:12:24 ED P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 737380BCD7AD51223FD12A91753DF01CE9F34789 2016 2021-01-29 14:40:06Z DOMINIC DIMARCO PO BOX 801 BLOOMFIELD HILLS MI 483030801 147858812 0 X WWW.CRANBROOK.EDU X 1973 MI CRANBROOK PROVIDES EXTRAORDINARY EDUCATION, ENCOURAGES CREATIVITY AND INNOVATION, AND VALUES LEARNERS OF ALL AGES AND BACKGROUNDS. 32 32 1229 1172 197954 0 9286587 15407442 51728728 53991280 27623029 33625346 1009044 844836 89647388 103868904 1712405 1926188 0 0 44308581 45266158 0 0 2853564 34067843 33858532 80088829 81050878 9558559 22818026 425275370 435829216 124737129 117815950 300538241 318013266 X Cranbrook develops people who will live with purpose and integrity, create with passion, explore with curiosity, and strive for excellence. Cranbook provides extraordinary education, encourages creativity and innovation, and values learners of all ages and backgrounds. 0 0 52420960 1339609 47686362 CRANBROOK SCHOOLS ARE INDEPENDENT DAY AND BOARDING SCHOOLS THAT PROVIDE STUDENTS WITH A CHALLENGING AND COMPREHENSIVE COLLEGE PREPARATORY EDUCATION. WE MOTIVATE STUDENTS FROM DIVERSE BACKGROUNDS TO STRIVE FOR INTELLECTUAL,CREATIVE, AND PHYSICAL EXCELLENCE, TO DEVELOP A DEEP APPRECIATION FOR THE ARTS AND DIFFERENT CULTURES, AND TO EMPLOY THE TECHNOLOGICAL TOOLS OF OUR MODERN AGE. OUR SCHOOLS SEEK TO INSTILL IN STUDENTS A STRONG SENSE OF PERSONAL AND SOCIAL RESPONSIBILITY, THE ABILITY TO THINK CRITICALLY, AND THE COMPETENCE TO COMMUNICATE AND CONTRIBUTE IN AN INCREASINGLY GLOBAL COMMUNITY. FALL 2016 ENROLLMENT WAS 1,670 STUDENTS IN PRE-K THRU 12TH GRADE, OF THE 1,670 STUDENTS, 256 STUDENTS WERE BOARDING IN THE GRADES 9TH THRU 12TH. 9286894 586579 4902293 CRANBROOK ACADEMY OF ART IS AN INDEPENDENT GRADUATE DEGREE-GRANTING INSTITUTION OFFERING AN INTENSE STUDIO-BASED EXPERIENCE WHERE ARTISTS-IN-RESIDENCE MENTOR STUDENTS IN ART, ARCHITECTURE AND DESIGN TO CREATIVELY INFLUENCE CONTEMPORARY CULTURE. FALL 2016 ENROLLMENT WAS 141 STUDENTS. CRANBROOK ART MUSEUM IS A DYNAMIC FORUM FOR CONTEMPORARY ART, CRAFT, ARCHITECTURE AND DESIGN, AND AN INTEGRAL COMPONENT OF CRANBROOK ACADEMY OF ART. THROUGH ITS BROAD-BASED EDUCATIONAL PROGRAMS, PERMANENT COLLECTION AND CHANGING EXHIBITIONS, COLLECTIONS AND RESEARCH, THE MUSEUM ENGAGES DIVERSE PUBLIC AUDIENCES IN EMERGING ARTISTIC FORMS AND IDEAS OF VISUAL CULTURE. THE MUSEUM'S COLLECTIONS DOCUMENT OUTSTANDING EXAMPLES OF ART, ARCHITECTURE AND DESIGN FROM THE 20TH AND 21ST CENTURIES. THE MUSEUM'S ATTENDENCE FOR 2016 WAS 32,192. 4435814 0 1176620 CRANBROOK INSTITUTE OF SCIENCE ADVANCES SCIENTIFIC LITERACY, NURTURES CURIOSITY AND ENCOURAGES ADVOCACY FOR THE NATURAL AND CULTURAL WORLDS IN WHICH WE LIVE. THE MUSEUM IS OPEN TO THE PUBLIC, WITH 175,033 VISITORS IN 2016. 797861 0 226005 CRANBROOK HOUSE AND GARDENS AUXILIARY - FUNDS ARE RAISED AND EXPENDED FOR THE PRESERVATION OF CRANBROOK HOUSE AND GARDENS, A NATIONAL LANDMARK, AS WELL AS TOURS AND EDUCATIONAL PROGRAMS. HOLDINGS IN THE CRANBROOK ARCHIVES INCLUDE ARCHITECTURAL RECORDS, PHOTOGRAPHIC IMAGES, AUDIO-VISUAL MATERIALS, ORAL HISTORIES AND PUBLICATIONS RELEVANT TO ALL ASPECTS OF CRANBROOK'S RICH HISTORY. 797861 0 226005 66941529 1 1 0 0 0 0 0 1 0 1 1 1 0 0 1 0 1 0 1 0 1 0 0 0 1 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 0 0 0 1 308 0 1 1229 1 1 1 0 0 0 0 1 1 0 0 0 1 0 X 32 32 1 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X PAM RUTHVENCFO 2486453110 PO BOX 801 BLOOMFIELD HILLS MI 483030801 BRUCE D PETERSON TRUSTEE - CHAIR 1.00 X X 0 0 0 STEPHEN R POLK TRUSTEE - VICE CHAIR 1.00 X X 0 0 0 ADELE ACHESON TRUSTEE - VICE CHAIR 1.00 X X 0 0 0 LINDA H GILLUM TRUSTEE - VICE CHAIR 1.00 X X 0 0 0 JEFFREY A HARRIS TRUSTEE - VICE CHAIR 1.00 X X 0 0 0 MICHAEL H ACHESON TRUSTEE 1.00 X 0 0 0 WARREN ROSE TRUSTEE 1.00 X 0 0 0 PAMELA ANN APPLEBAUM TRUSTEE 1.00 X 0 0 0 MICHAEL E BERGER TRUSTEE 1.00 X 0 0 0 DENISE A DAVID TRUSTEE 1.00 X 0 0 0 RICHARD L DEVORE TRUSTEE 1.00 X 0 0 0 JAMISON WILLIAMS FALISKI TRUSTEE 1.00 X 0 0 0 ELYSE FOLTYN TRUSTEE 1.00 X 0 0 0 VIRGINIA B FOX TRUSTEE 1.00 X 0 0 0 MAXINE FRANKEL TRUSTEE 1.00 X 0 0 0 JENNIFER GILBERY TRUSTEE 1.00 X 0 0 0 WILLIAM KM GOLDSMITH TRUSTEE 1.00 X 0 0 0 REJJI P HAYES TRUSTEE 1.00 X 0 0 0 JAMES KELLY TRUSTEE 1.00 X 0 0 0 STACY KLEIN TRUSTEE 1.00 X 0 0 0 BROCK R LANDRY TRUSTEE 1.00 X 0 0 0 TREVOR F LAUER TRUSTEE 1.00 X 0 0 0 LESLIE LI TRUSTEE 1.00 X 0 0 0 LISA PAYNE TRUSTEE 1.00 X 0 0 0 MARK L REUSS TRUSTEE 1.00 X 0 0 0 ALLAN ROTHFEDER TRUSTEE 1.00 X 0 0 0 GEOFFREY C SCHICIANO TRUSTEE 1.00 X 0 0 0 SIDHDHARTH D SHETH TRUSTEE 1.00 X 0 0 0 SANDRA A SMITH TRUSTEE 1.00 X 0 0 0 ROBERT S TAUBMAN TRUSTEE 1.00 X 0 0 0 RICHARD E WARREN TRUSTEE 1.00 X 0 0 0 ROBERT T WILSON TRUSTEE 1.00 X 0 0 0 lloyd e reuss TRUSTEE- PARTIAL YEAR 1.00 X 0 0 0 TOD WILLIAMS TRUSTEE- PARTIAL YEAR 1.00 X 0 0 0 EDWARD HAGENLOCKER TRUSTEE- PARTIAL YEAR 1.00 X 0 0 0 LYNDA CHARFOOS TRUSTEE- PARTIAL YEAR 1.00 X 0 0 0 JONATHAN BORENSTEIN TRUSTEE- PARTIAL YEAR 1.00 X 0 0 0 DOMINIC DIMARCO PRESIDENT 50.00 X 486059 0 23328 PATRICIA CARI SECRETARY 50.00 X 116147 0 9371 RODERICK SPEARIN COO AND TREASURER 50.00 X 262379 0 13976 CHRISTOPHER J SCOATES DIRECTOR OF ART ACADEMY 50.00 X 203166 0 11630 ARLYCE SEIBERT DIRECTOR OF SCHOOLS 50.00 X 399664 0 30393 MICHAEL STAFFORD DIRECTOR OF SCIENCE INSTITUTE 50.00 X 211188 0 30476 PAMELA RUTHVEN CHIEF FINANCIAL OFFICER 50.00 X 218672 0 28234 ANDREW MILLER III DIRECTOR OF SCHOOL ADMISSIONS 50.00 X 159833 0 26985 ANDREW K BLAUVELT DIRECT OF ART MUSEUM 50.00 X 159776 0 15878 CHARLES T SHAW HEAD OF UPPER SCHOOLS 50.00 X 152652 0 30767 THOMAS JOSEPH DECRAENE ASST DIRECTOR OF SCHOOLS 50.00 X 144857 0 28636 2514393 0 249674 40 0 1 0 CHARTWELLS PO BOX 91337 CHICAGO IL 60693 FOOD SERVICE 4429645 TEACHER'S INS AND ANNUITY PO BOX 8500 PHILADELPHIA PA 19178 PENSION SERVICES 3470071 GOLDMAN SACHS & CO 85 BROAD STREET NEW YORK NY 10087 INVESTMENT SERVICES 1959982 GREAT-WEST TRUST CO LLC 8515 E ORCHARD ROAD ENGLEWOOD CO 80111 PENSION SERVICES 1151476 SECURITAS SECURITY SERVICES 3290 W BIG BEAVER RD TROY MI 48084 SECURITY SERVICE 880165 32 891849 788713 13726880 1062262 15407442 CRANBROOK SCHOOLS K-12 900099 46092667 46092667 ART ACADEMY TUITION 900099 4902293 4902293 SUMMER PROGRAMS 900099 1593695 1593695 INSTITUTE OF SCIENCE 611600 1176620 1176620 CENTER FOR COLLECTIONS, HOUSE 611710 226005 226005 53991280 1593036 197954 1395082 851256 955581 -104325 -104325 -104325 73476164 187000 41630854 0 31845310 187000 32032310 32032310 1119620 891849 943367 176253 176253 42050 14714 27336 27336 761106 445392 315714 315714 AUXILIARY 900099 143505 143505 286353 286353 429858 103868904 53991280 197954 34272228 1926188 1926188 2694151 1543883 1150268 31899147 23645212 6568499 1685436 1824975 1296105 423693 105177 6359814 5069773 1064719 225322 2488071 1833805 529817 124449 -4870 72750 -77620 273544 273544 888865 888865 1937608 1393639 268664 275305 370646 168687 10863 191096 3801012 2981590 512427 306995 433346 118582 313462 1302 5936001 2660710 3274099 1192 1154627 1066228 13541 74858 277481 227799 35289 14393 3296840 3807 3293033 9082081 6642029 2440052 974034 197807 776227 FOOD SERVICE SCHOOLS 4514177 4404414 36175 73588 MEMBERSHIP DUES 315236 297443 4615 13178 ALLOCATIONS 240839 11022791 -10568045 -213907 DONATIONS 127282 122067 2500 2715 239783 246220 21098 -27535 81050878 66941529 11255785 2853564 16985 16315 9006575 9890021 6638318 6515129 1447406 1809020 479731 518159 1600116 1433182 308531460 133207381 179680005 175324079 129474485 150332792 96931749 89364281 626238 425275370 435829216 26528131 20147252 19027813 18955306 79080000 78651287 101185 62105 124737129 117815950 X 208613803 217736783 34181855 36994860 57742583 63281623 300538241 318013266 425275370 435829216 X 22818026 -11793108 6450107 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X 0 209059894 6381321 20137038 13692117 10947 221875189 233596144 1278864 -7389858 18420873 4383 209059894 233990022 2158319 11326559 13850294 37462 233596144 220823020 1170803 32489749 20511934 -18384 233990022 207909222 3231979 20974221 11432205 -148803 220832020 0.59990 0.27370 0.12640 0 0 7869942 7869942 80009214 41166576 38842638 197439912 73064548 124375364 20376017 17056017 3320000 2836375 1920240 916135 175324079 NATURAL RESOURCES, ENERGY PROGRAMS 4926711 F LONG SHORT HEDGE FUND 8416182 F ABSOLUTE RETURN HEDGE FUND 34644111 F DOMESTIC PRIVATE EQUITY 21601369 F VENTURE CAPITAL 18777190 F REAL ESTATE 998718 F 89364281 CAPITAL LEASES PAYABLE 62105 62105 93652520 -11793108 93269 2359054 -9340785 102993305 875600 875600 103868905 76177495 93269 -4091052 -3997783 80175278 875600 875600 81050878 Part III, Line 1a: IN ACCORDANCE WITH GENERALLY ACCEPTED PRACTICES OF SIMILAR INSTITUTIONS, ARCHIVAL ITEMS AND COLLECTIONS PURCHASED AND DONATED ARE NOT RECORDED IN THE STATEMENT OF FINANCIAL POSITION. Part III, Line 4: AS THE COMMUNITY'S OFFICIAL ARCHIVAL REPOSITORY, THE ARCHIVES DEPARTMENT COLLECTS, PRESERVES, AND MAKES AVAILABLE COMMUNITY AND DIVISIONAL RECORDS OF PERMANENT VALUE, THE PAPERS OF MEMBERS OF THE BOOTH, SCRIPPS, AND SAARINEN FAMILIES, THE RECORDS OF THE CHRIST CHURCH CRANBROOK AND OTHER ANCILLARY ORGANIZATIONS, AND THE PERSONAL PAPERS OF FACULTY, STAFF, ALUMNI AND OTHER INDIVIDUALS WHO HAVE BEEN ASSOCIATED WITH THE COMMUNITY SINCE 1984. Part XI, Line 2d - Other Adjustments: RENTAL EXPENSES 955,581. DIRECT EXPENSES - FUNDRAISING 943,367. DIRECT EXPENSES - GAMING 14,714. COST OF SALES 445,392. Part XII, Line 2d - Other Adjustments: RENTAL EXPENSES 955,581. DIRECT EXPENSES - FUNDRAISING 943,367. DIRECT EXPENSES - GAMING 14,714. COST OF SALES 445,392. MARKET VALUATION ADJUSTMENT OF INTEREST RATE SWAP -6,450,106. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 Schedule E, Part I, Line 3 POLICY IS PRINTED ON ALL ADMISSION MATERIAL AND ALSO PRINTED ON ADVERTISEMENTS. Schedule E, Part I, Line 6 CRANBROOK RECEIVES GRANTS FROM FEDERAL AND STATE GOVERNMENTAL AGENCIES. CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENT 77044956 0 0 0 0 0 0 77044956 0 77044956 1 0 1 1 1 0 KALEIDOSCOPE 482000 218198 263802 3275 24056 58933 2600 101521 BOOSTER CLUB 254442 107225 147217 11141 22684 11737 0 137479 21 1275027 566426 708601 40977 108177 26652 394135 2011469 891849 1119620 14416 87717 178847 29252 633135 943367 176253 42050 14320 394 1 0.89000 42050 14320 394 14714 27336 MI 1 0 1 0 0.25000 0.75000 RITA STEDMAN PO BOX 801 BLOOMFIELD HILLS MI 483030801 0 RITA STEDMAN 0 RECORDKEEPING X 0 1 FINANCIAL AID NEED BASED - SCHOOLS 539 1339609 0 N/A N/A MERIT BASED INSTITUTIONAL - CAA 44 304645 0 N/A N/A FINANCIAL AID NEED BASED - CAA 110 281934 0 N/A N/A Part I, Line 2: TO RECEIVE GRANTS AND OTHER ASSISTANCE FROM CRANBROOK EDUCATIONAL COMMUNITY ALL CANDIDATES MUST DEMONSTRATE FINANCIAL NEED TO THE FINANCIAL AID COMMITTEE BASED ON AN ANALYSIS OF THE REQUIRED DOCUMENTATION. THE REQUIRED DOCUMENTATION IS (1) PARENTS' FINANCIAL STATEMENT (PFS) COMPLETED THROUGH WWW.NAIS.ORG, (2) INCOME VERIFICATION BY CURRENT W-2'S, END OF YEAR PAY STUBS, EMPLOYER LETTER VERIFYING INCOME, (3) SIGNED COPY OF IRS FORM 4506, (4) SIGNED COPY OF CURRENT YEAR FEDERAL TAX RETURN INCLUDING ALL SCHEDULES, (5) FINANCIAL AID APPLICATION SUBMITTED TO THE SCHOOL. AID PACKAGES ARE REVIEWED ANNUALLY ON THE BASIS OF THE FAMILY'S CURRENT FINANCIAL STATUS. AID AT CRANBROOK SCHOOLS IS DISTRIBUTED WITHOUT REGARD TO RACE, RELIGION OR ETHNIC BACKGROUND. ALL RECIPIENTS ARE EXPECTED TO DEMONSTRATE DILIGENCE IN THEIR ACADEMIC SUBJECTS, MAINTAIN ACCEPTABLE CITIZENSHIP STANDARDS, AND CONTRIBUTE POSITIVELY TO THE SCHOOL COMMUNITY. REQUIRED DOCUMENTATION FOR CRANBROOK ART ACADEMY IS A TIMELY FILED FAFSA THROUGH THE GOVERNMENT, AFTER COMPLETION A SAR IS RECEIVED ELECTRONICALLY AT THE SCHOOL. ALSO, A COPY OF A SIGNED FEDERAL TAX RETURN IS REQUIRED. ASSISTANCE IS BASED UPON THE APPLICANT'S TIMELY APPLICATION AND DEMONSTRATED FINANCIAL NEED. ALL ASSISTANCE IS DETERMINED THROUGH THE REGISTRAR'S OFFICE AT THE ART ACADEMY. X 1 1 X X X 0 0 0 0 0 0 0 0 0 DOMINIC DIMARCO PRESIDENT 388059 0 50000 0 48000 0 15202 0 8126 0 509387 0 0 0 RODERICK SPEARIN COO AND TREASURER 247379 0 15000 0 0 0 12037 0 1939 0 276355 0 0 0 CHRISTOPHER J SCOATES DIRECTOR OF ART ACADEMY 203166 0 0 0 0 0 9840 0 1790 0 214796 0 0 0 ARLYCE SEIBERT DIRECTOR OF SCHOOLS 349664 0 50000 0 0 0 21280 0 9113 0 430057 0 0 0 MICHAEL STAFFORD DIRECTOR OF SCIENCE INSTITUTE 201188 0 10000 0 0 0 11668 0 18808 0 241664 0 0 0 PAMELA RUTHVEN CHIEF FINANCIAL OFFICER 208672 0 10000 0 0 0 12689 0 15545 0 246906 0 0 0 ANDREW MILLER III DIRECTOR OF SCHOOL ADMISSIONS 127094 0 32739 0 0 0 10620 0 16365 0 186818 0 0 0 ANDREW K BLAUVELT DIRECT OF ART MUSEUM 153836 0 0 0 5940 0 7695 0 8183 0 175654 0 0 0 CHARLES T SHAW HEAD OF UPPER SCHOOLS 146313 0 6339 0 0 0 12282 0 18485 0 183419 0 0 0 THOMAS JOSEPH DECRAENE ASST DIRECTOR OF SCHOOLS 144857 0 0 0 0 0 12040 0 16596 0 173493 0 0 0 Part I, Line 1a THE PRESIDENT RECEIVES A HOUSING ALLOWANCE AS HE IS REQUIRED TO LIVE IN CLOSE PROXIMITY TO CAMPUS. THE DIRECTOR OF THE ART ACADEMY AND THE DIRECTOR OF SCHOOLS ARE PROVIDED A HOUSE ON CAMPUS AS RESIDENCY IS A REQUIREMENT OF THEIR POSITIONS. THE PRESIDENT'S HOUSING ALLOWANCE IS APPROPRIATELY INCLUDED IN HIS FORM W-2. A ECONOMIC DEVELOPMENT CORP OF OAKLAND COUNTY 383442443 672523GN1 2009-10-05 18599313 SEE PART VI 0 0 0 B ECONOMIC DEVELOPMENT CORP OF OAKLAND COUNTY 383442443 2010-10-01 26515000 SEE PART VI 0 0 0 C ecONOMIC DEVELOPMENT CORP OF OAKLAND COUNTY 383442443 2014-09-25 36390000 see PART VI 0 0 0 A 18599313 370346 2009 1 1 1 1 B 26515000 101443 199000 24898557 1316000 2011 0 0 1 1 C 2250000 36390000 2009 1 0 1 1 A 0 0 0 0 0 0 1 B 0 0 0 0 0 0 1 C 0 0 0 0 0 0 1 A 0 0 1 0 0 0 0 0 0 B 0 1 0 0 1 1 GOLDMAN SACHS 30.000000000000 0 0 0 0 0 C 0 1 0 0 1 1 gOLDMAN SACHS 30.000000000000 0 0 0 0 0 A 1 B 1 C 1 PART I, LINE A, COLUMN F: $18,599,313 ($18,425,000 PRINCIPAL) SERIES 2009 ADJUSTABLE RATE BONDS WERE ISSUED TO BENEFIT CRANBROOK EDUCATIONAL COMMUNITY TO REFUND THE SERIES 1997B BONDS (DATE OF ISSUE SEPTEMBER 4, 1997) AND SERIES 1998 BONDS (DATE OF ISSUE OCTOBER 1, 1998) AND TO PAY THE COSTS OF ISSUING THE BONDS. PART I, LINE B, COLUMN F THE $26,515,000 SERIES 2010 ADJUSTABLE RATE BONDS WERE ISSUED TO BENEFIT CRANBROOK EDUCATIONAL COMMUNITY TO FINANCE CAPITAL PROJECTS (INCLUDING CONSTRUCTING AND EQUIPPING A GIRLS MIDDLE SCHOOL BUILDING, AND CONSTRUCTING AND INSTALLING IMPROVEMENTS TO OTHER FACILITIES, INCLUDING THE ART MUSEUM, CRANBROOK QUAD, KEPPEL GYMNASIUM, MUSIC ROOM AND ICE ARENA), TO PAY A TERMINATION FEE RESULTING FROM A PARTIAL TERMINATION OF A QUALIFIED HEDGE EXECUTED IN 2007, AND TO PAY COSTS OF ISSUING THE BONDS. THE BONDS WERE SOLD IN A PRIVATE PLACEMENT AS QUALIFIED TAX-EXEMPT OBLIGATIONS (AS DESCRIBED IN SECTION 265 (b)(3)B OF THE INTERNAL REVENUE CODE). PART I, LINE C, COLUMN F THE $36,390,000 SERIES 2014 ADJUSTABLE RATE BONDS WERE ISSUED TO BENEFIT CRANBROOK EDUCATION COMMUNITY TO REFUND THE SERIES 2007 BONDS (DATE OF ISSUE NOVEMBER 1, 2007) IN FULL. THE BONDS WERE SOLD IN A PRIVATE PLACEMENT AS QUALIFIED TAX-EXEMPT OBLIGATIONS (AS DESCRIBED IN SECTION 265(b)(3)B OF THE INTERAL REVENUE CODE). X 6 12325 COST X 3983 COST X 4908 COST X 1 2000 COST X 78 923758 AVG MARKET VALUATION X 3 11690 cost X AUCTION ITEMS 149 62231 COST X FUNDRAISING 36 34347 COST X MUSICAL INSTRUMENTS 7 7120 COST 0 1 0 Part I, Column (b): THE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTIONS. Form 990, Part VI, Section A, line 2 ADELE ACHESON AND MICHAEL ACHESON, BOTH TRUSTEES OF THE ORGANIZATION, HAVE A FAMILY RELATIONSHIP WITH ONE ANOTHER. ROBERT TAUBMAN AND DENISE DAVID, BOTH TRUSTEES OF THE ORGANIZATION, HAVE A BUSINESS RELATIONSHIP WITH ONE ANOTHER. LLOYD REUSS AND MARK REUSS, BOTH TRUSTEES OF THE ORGANIZATION, HAVE A FAMILY RELATIONSHIP WITH ONE ANOTHER. Form 990, Part VI, Section A, line 6 CRANBROOK EDUCATIONAL COMMUNITY INCLUDES THREE DIVISIONS OF THE ORGANIZATION: CRANBROOK SCHOOLS, CRANBROOK ART ACADEMY AND CRANBROOK INSTITUTE OF SCIENCE, WHICH EACH HAVE A BOARD OF GOVERNORS. THESE BOARD OF GOVERNORS ARE THE MEMBERS OF THE ORGANIZATION. Form 990, Part VI, Section A, line 7a UP TO SIX TRUSTEES OF CRANBROOK EDUCATIONAL COMMUNITY SHALL BE ELECTED BY THE CRANBROOK SCHOOLS MEMBERS, UP TO FOUR TRUSTEES SHALL BE ELECTED BY THE CRANBROOK ART MEMBERS AND UP TO FOUR TRUSTEES SHALL BE ELECTED BY THE CRANBROOK SCIENCE MEMBERS, NONE OF WHICH TRUSTEES NEED TO BE MEMBERS OF THE ORGANIZATION OR ITS THREE DIVISIONS. THE CHAIRMAN OF THE BOARD OF GOVERNORS OF CRANBROOK SCHOOLS, THE CHAIRMAN OF THE BOARD OF GOVERNORS OF THE CRANBROOK ART ACADEMY, AND THE CHAIRMAN OF THE BOARD OF GOVERNORS OF THE CRANBROOK INSTITUTE OF SCIENCE, AS ELECTED BY THE RESPECTIVE BOARDS OF GOVERNORS FROM TIME TO TIME PURSUANT TO THE ORGANIZATION'S BYLAWS, SHALL ALL BE EX OFFICIO MEMBERS OF THE BOARD OF TRUSTEES WITH FULL VOTING AND OTHER RIGHTS, FOR SO LONG AS EACH OF THEM REMAINS CHAIRMAN, AND SHALL THEREAFTER BE REPLACED AS TRUSTEES BY THEIR SUCCESSORS IN SUCH CHAIRMANSHIP POSITIONS. Form 990, Part VI, Section B, line 11b THE INITIAL REVIEW OF THE 990 IS DONE BY THE CHIEF FINANCIAL OFFICER, THE CHIEF OPERATIONS OFFICER AND THE PRESIDENT AND THE INDEPENDENT AUDITORS. THE 990 IS REVIEWED BY THE CHAIR OF THE BOARD OF TRUSTEES AND A MEMBER OF THE AUDIT COMMITTEE. PRIOR TO FILING, THE 990 IS MADE AVAILABLE TO ALL MEMBERS OF THE BOARD OF TRUSTEES FOR THEIR REVIEW. Form 990, Part VI, Section B, line 12c A FORMAL WRITTEN CONFLICT OF INTEREST POLICY IS SENT OUT ANNUALLY TO OFFICERS, DIRECTORS/TRUSTEES AND KEY EMPLOYEES FOR THEIR COMPLETION, AND MUST BE SIGNED AND RETURNED TO CRANBROOK EDUCATIONAL COMMUNITY. Form 990, Part VI, Section B, line 15 THE CHAIR OF THE BOARD OF TRUSTEES, IN CONJUNCTION WITH OTHER TRUSTEES, DETERMINES SALARIES USING INFORMATION PREPARED BY THE HUMAN RESOURCE DEPARTMENT FOR COMPARABLE SALARIES WITH PEER INSTITUTIONS. Form 990, Part VI, Section C, line 19 THE FOLLOWING DOCUMENTS ARE AVAILABLE UPON REQUEST: AUDITED CONSOLIDATED FINANCIAL STATEMENTS AND CRANBROOK LEADERSHIP HANDBOOK. Form 990, Part XI, line 9: MARKET VALUATION ADJUSTMENT OF INTEREST RATE SWAP 6,450,107. FORM 990, PART XII, LINE 2C: THE ORGANIZATION'S AUDIT COMMITTEE OVERSEES THE AUDIT. THIS PROCESS HAS NOT CHANGED FROM THE PREVIOUS YEAR. ELLEN F PRICE CHARITABLE REMAINDER UNITRUST DTD 101207 CHARITABLE REMAINDER TRUST MI N/A T 404916 0.52760 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0