2016-05-13T09:15:31-05:00 2015-06-30 CITRIN COOPERMAN & COMPANY LLP 7101 WISCONSIN AVE BETHESDA MD 208144805 990 2014-07-01 540505925 THE MADEIRA SCHOOL INC % ALEXANDER C HEIBERGER CFO MADE 7035568241 8328 GEORGETOWN PIKE MCLEAN VA 221021203 ALEX HEIBERGER CFO 7035568241 2016-05-13 true PHILIP R BAKER P00010692 3016549000 2014 2016-08-17 19:52:53Z ALEXANDER C HEIBERGER CFO 8328 GEORGETOWN PIKE MCLEAN VA 221021203 53408814 false X WWW.MADEIRA.ORG X 1906 VA MADEIRA IS A GIRLS SCHOOL BY DESIGN WHERE EVERY ASPECT OF ACADEMIC, SOCIAL AND ATHLETIC LIFE IS DIRECTED TOWARD EDUCATING THE NEXT GENERATION OF YOUNG WOMEN FOR LEADERSHIP. 26 26 0 77462 -7632 14462657 12273889 17007388 17199464 2244992 3428277 0 0 33715037 32901630 2891334 3264941 0 0 10002533 9885026 188719 114342 1645115 9404671 9747119 22487257 23011428 11227780 9890202 142745609 151104277 33387105 33520384 109358504 117583893 EDUCATION - FOUNDED IN 1906, MADEIRA IS A BOARDING AND DAY COLLEGE PREPARATORY SCHOOL FOR GIRLS IN GRADES NINE THROUGH TWELVE. MADEIRA IS A GIRLS SCHOOL BY DESIGN WHERE EVERY ASPECT OF ACADEMIC, SOCIAL AND ATHLETIC LIFE IS DIRECTED TOWARD EDUCATING THE NEXT GENERATION OF YOUNG WOMEN FOR LEADERSHIP. false false 18093660 3264941 17199464 BOARDING SCHOOL FOR GIRLS PROVIDING HIGH SCHOOL EDUCATION (309 STUDENTS) 18093660 true true false false false false false false true true true false false true true true false true false false false false true false false false false true true true false false false false false false false false false false true false false false false false false false false true 63 0 true 0 true true true false false false false false false false false false X 26 26 false false false false false false false true true false false true true true true true true true true false X ALEXANDER C HEIBERGER CFO 7035568241 THE MADEIRA SCHOOL MCLEAN VA 221021203 Betsy Licht Turner President 3.0 0.0 X X 0 0 0 Jane Krumrine Lawson-Bell Vice President 3.0 0.0 X X 0 0 0 Harry J Klaff Treasurer 3.0 0.0 X X 0 0 0 Anne Murray Gambal Secretary 3.0 0.0 X X 0 0 0 Pilar Cabeza de Vaca Head of School 40.0 0.0 X X 263056 0 84883 Katherine Armstrong Director 3.0 0.0 X 0 0 0 Hubin Jiang Director 3.0 0.0 X 0 0 0 Loni Parent Director 3.0 0.0 X 0 0 0 Cynthia John Laurencin Director 3.0 0.0 X 0 0 0 Anne B Skae Director 3.0 0.0 X 0 0 0 Louise Stillman Lehrman Director 3.0 0.0 X 0 0 0 Maryetta Anschutz Director 3.0 0.0 X 0 0 0 Gaither Smoot Deaton Director 3.0 0.0 X 0 0 0 Richard P Hall Director 3.0 0.0 X 0 0 0 Kimberly Hughes-Moazed Director 3.0 0.0 X 0 0 0 Brooke Stroud Carnot Director 3.0 0.0 X 0 0 0 Carolyn Alford Cason Director 3.0 0.0 X 0 0 0 Siobhan Davenport Director 3.0 0.0 X 0 0 0 Elizabeth Meehan Hewitt Director 3.0 0.0 X 0 0 0 Page Hopkins Director 3.0 0.0 X 0 0 0 Heather Muir Kirby Director 3.0 0.0 X 0 0 0 Elizabeth Breul O'Rourke Director 3.0 0.0 X 0 0 0 Catherine Harris Shraga Director 3.0 0.0 X 0 0 0 Reena Lawande Pande Director 3.0 0.0 X 0 0 0 Gordon M Thomas Director 3.0 0.0 X 0 0 0 Anita Patel Tolani Director 3.0 0.0 X 0 0 0 Alexander Heiberger Chief Financial Officer 40.0 0.0 X 140406 0 37992 Andre Withers Dir of Co-cur/Asst head of sch 40.0 0.0 X 101486 0 69861 Ann Deegan Controller 40.0 0.0 X 105668 0 22031 Mary Ann Mahoney Academic Dean 40.0 0.0 X 140906 0 25148 Louise Peterson Director of Development 40.0 0.0 X 121823 0 12696 873345 0 252611 6 false true false RED COATS INC 4401 EAST WEST HIGHWAY BETHESDA MD 20814 CLEANING SERVICES 476982 EE LYONS CONSTRUCTION CO INC 9325 LEESBURG PIKE VIENNA VA 22182 CONSTRUCTION 357183 SODEXHO INC AFFILIATES 9801 WASHINGTON BOULEVARD GAITHERSBURG MD 20878 FOOD SERVICE 545782 JAMES G DAVIS CONSTRUCTION CORPORA 12530 PARKLAWN DR ROCKVILLE MD 20852 CONSTRUCTION 12564785 BOWIE GRIDLEY ARCHITECTS PLLC 1010 WISCONSIN AVENUE NW WASHINGTON DC 20007 ARCHITECT 243306 16 12273889 2170659 12273889 TUITION & BOARD 900099 15046171 15046171 AUXILIARY ACTIVITIES 900099 2153293 2075831 77462 17199464 1115671 1115671 0 0 0 0 0 22819790 0 20475901 31283 2343889 -31283 2312606 2312606 0 0 0 0 32901630 17122002 77462 3428277 0 3264941 3264941 0 0 908900 908900 0 7454147 5731588 914339 808220 526341 402225 70042 54074 375561 333198 4691 37672 620077 443802 113219 63056 0 16224 16224 83094 83094 0 114342 114342 390912 390912 4031975 3604347 143123 284505 0 1087507 747691 150002 189814 70291 67592 2699 0 1660101 1660101 167398 72246 34129 61023 0 240090 139823 78141 22126 27728 27728 0 1571049 1571049 249604 38355 211249 OTHER MGT & GENERAL COSTS 151146 16702 124161 10283 23011428 18093660 3272653 1645115 0 0 27751508 19460470 4664856 5880088 1208808 961119 0 0 0 0 0 0 130965 117903 501473 452274 72367108 16209300 38253923 56157808 27390407 30359319 36351648 34222226 0 0 0 0 6492021 3493070 142745609 151104277 2726594 2558268 0 0 8533104 9490623 17265000 16660000 0 0 0 0 2023601 1843601 0 0 2838806 2967892 33387105 33520384 X 33841261 48174100 32365311 23715495 43151932 45694298 109358504 117583893 142745609 151104277 X 9890202 -2750230 1085417 X false true X true false X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 62364276 2982299 245489 2338776 63253288 56003553 1384921 7225728 2249926 62364276 51721133 998391 5763265 2479236 56003553 54890087 1130912 -2316005 1983861 51721133 45674407 1602367 9734350 2121037 54890087 0.09633 0.71020 0.19347 false false 236766 236766 60708871 10854755 49854116 1567977 1022755 545222 9853494 4331790 5521704 56157808 GENERATION IM GLOBAL EQUITY 6753223 F WEATHERLOW OFFSHORE FUND I 5485567 F COMMONFUND GLBL DISTRESSED III 479615 F PERMAL MACRO HOLDINGS LTD 5110092 F ALLBLUE LTD 7 F LOOMIS SAYLES HIGH GRADE CORP 2675030 F EJF DEBT OPPORTUNITIES 2009453 F EJF SPECIALTY 1220427 F BLUE TREND 3017107 F CORE COMMODITY MGMT-DIVER I FD 1055594 F SOMMERSET SMALL MID CAP EM 2829779 F GF CAP PRIVATE 111974 F STONE MILLNER 3474358 F 34222226 0 INTEREST RATE SWAP AGREEMENT 2967892 2967892 27575282 -2750230 -3394757 -6144987 33720269 396594 -1215233 -818639 32901630 19349893 19349893 396594 3264941 3661535 23011428 SCHEDULE D, PART XII, LINE 4B FINANCIAL AID (PORTION) $3,264,941 SCHEDULE D, PART XI LINE 4B OTHER INCREASE IN CONTRIBUTIONS RECEIVABLE....$1,215,233 SCHEDULE D, PART V, QUESTION 4 The School's endowment consists of approximately 50 individual funds established for a variety of purposes. Its endowment includes both donor-restricted funds and funds designated by the Board of Directors to function as endowments. As required by generally accepted accounting principles, net assets associated with endowment funds, including funds designated by the Board of Directors to function as endowments, are classified and reported based on the existence or absence of donor-imposed restrictions. SCHEDULE D, PART X, LINE 2 The School is exempt under section 501(c)(3) of the Internal Revenue Code of 1986. The School has filed for and received income tax exemptions in the various jurisdictions where it is required to do so. The School files Forms 990 and 990-T (information and tax returns) in the U.S. federal jurisdiction and their equivalents in the state of Virginia. With few exceptions, the School is no longer subject to U.S. federal, state, and local income tax examinations by taxing authorities for years before 2011. Management of the School believes it has no material uncertain tax positions. SCHEDULE D, PART XI, LINE 2D LOSS ON INTEREST RATE SWAP AGREEMENT..................$129,086 FINANCIAL AID OFFSET AGAINST REVENUES...............$3,264,941 CHANGE IN SPLIT INTEREST AGREEMENTS.......................$730 TOTAL...............................................$3,394,757 true true true true true true true false false false false false false false false false false true SCHEDULE E PART I QUESTION 3 INCLUDED IN ALL NEWSPAPER ADVERTISEMENTS AND IN LISTING OF "BUNTING AND LYON DIRECTORY OF PRIVATE SCHOOLS". X X X X true GRAHAM-PELTON CONSULTING false 41463 KOR GROUP false 23384 KATHERINE STEELE false 46200 111047 VA true FINANCIAL AID AWARDED TO 96 STUDENTS 3264941 FMV TUITION/FEES FINANCIAL AID NOT REPORTING FINANCIAL AID BY STUDENT IS COVERED BY 20 U.S.C. 1232G. X X true true X X X X X X false true false false false false false false false Pilar Cabeza de Vaca Head of School 238356 0 0 0 24700 0 23465 0 61418 0 347939 0 0 0 Alexander Heiberger Chief Financial Officer 140406 0 0 0 0 0 13200 0 24792 0 178398 0 0 0 Andre Withers Dir of Co-cur/Asst head of sch 101486 0 0 0 0 0 10074 0 59787 0 171347 0 0 0 Mary Ann Mahoney Academic Dean 123406 0 0 0 17500 0 12930 0 12218 0 166054 0 0 0 SCHEDULE J, PART I, LINE 3 PROCESS FOR DETERMINING COMPENSATION: THE COMPENSATION OF THE EMPLOYEES (OFFICERS) IS REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS OF THE SCHOOL PROVIDED THAT PERSONS WITH CONFLICTS OF INTEREST WITH RESPECT TO THE COMPENSATION AGREEMENT AT ISSUE ARE NOT INVOLVED IN THIS REVIEW AND APPROVAL. THE COMPENSATION OF THE PERSON IS REVIEWED AND APPROVED USING DATA AS TO COMPARABLE COMPENSATION FOR SIMILARLY QUALIFIED PERSONS IN FUNCTIONALLY COMPARABLE POSITIONS AT SIMILARLY SITUATED ORGANIZATIONS. SCHEDULE J, PART I, LINE 1 THE VALUE OF HOUSING PROVIDED TO EMPLOYEES WHO LIVE ON CAMPUS IS BASED ON LOCAL REAL ESTATE RENTAL RATES FOR SIMILAR SIZED HOUSING AND IS INCLUDED IN TOTAL COMPENSATION FOR FORM 990 PURPOSES. A FAIRFAX COUNTY ECONOMIC DEVELOPMENT AUTHORITY 546001266 2010-02-02 18965000 REFUNDING OF SERIES 2003 BOND false false false A 18965000 0 18965000 0 0 0 0 0 0 0 0 0 2006 true false true true A false true false false 0.00000 0.00000 0.00000 false false false A false true true MORGAN STANLEY 30. true false false 0 false false A X 26 2150656 FMV X HORSE 2 10000 FMV false true true PART I, LINE 9 AND 25 THE SCHOOL REPORTS THE CONTRIBUTION OF SECURITIES (PUBLICLY TRADED)AND HORSE AS SEPARATE GIFTS BASED ON THE NUMBER OF INSTANCES RECEIVED RATHER THAN A GIFT FOR EACH SHARE OR ITEM RECEIVED. PART I, LINES 9 AND 25, COLUMN D THE SCHOOL DETERMINED THE METHOD OF REVENUES AS THE FAIR MARKET VALUE OF THE PUBLICLY TRADED SECURITIES ON THE DAY OF THE GIFT. WITH RESPECT TO GIFTS OF HORSES, FAIR MARKET VALUE IS DETERMINED BASED ON THE ANIMAL'S VALUE TO THE SCHOOL'S RIDING PROGRAM, WHICH MAY BE DIFFERENT FROM THEIR VALUE AS A SHOW HORSE. PART I, LINE 32A THE SCHOOL USES A THIRD PARTY BROKERAGE FIRM TO SELL PUBLICLY TRADED STOCKS. PART VI Section B. Policies, QUESTION 12C At the first board meeting each fiscal year, board members and key employees are given a form to fill out and sign. PART VI, SECTION B, LINE 15 THE COMPENSATION OF THE PERSON IS REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS OF THE SCHOOL PROVIDED THAT PERSONS WITH CONFLICTS OF INTEREST WITH RESPECT TO THE COMPENSATION ARRANGEMENT AT ISSUE ARE NOT INVOLVED IN THIS REVIEW AND APPROVAL. THE COMPENSATION OF THE PERSON IS REVIEWED AND APPROVED USING DATA AS TO COMPARABLE COMPENSATION FOR SIMILARLY QUALIFIED PERSONS IN FUNCTIONALLY COMPARABLE POSITIONS AT SIMILARLY SITUATED ORGANIZATIONS. part vi, section c, line 19 990 is made available upon request. other organizational documents are not available to the general public. part VI, section B, line 11B THE BOARD OF DIRECTORS ALONG WITH THE TREASURER AND STAFF WILL BE REVIEWING THE 990 PRIOR TO FILING. FORM 990, PART XII - QUESTION 2C THERE HAS BEEN NO CHANGE IN THE PROCESS BY WHICH THE AUDIT COMMITTEE CONDUCTS AND APPROVES THE AUDIT. PART XI, LINE 9 INCREASE IN CONTRIBUTIONS RECEIVABLE......$1,215,233 CHANGE IN SPLIT INTEREST AGREEMENTS............($730) LOSS ON INTEREST RATE SWAP AGREEMENT.......($129,086) TOTAL ....................................$1,085,417 FORM 990 PART IX LINE 11G DESCRIPTION:CONTRACTED SERVICES TOTAL FEES:4031975