2012-03-01T08:24:10-06:00 2011-06-30 SANSIVERI KIMBALL & CO LLP 55 DORRANCE STREET PROVIDENCE RI 02903 990 2010-07-01 050259009 ST GEORGE'S SCHOOL STGE 4018477565 372 PURGATORY ROAD MIDDLETOWN RI 028425984 ELIZABETH F MCGRATH 4018477565 2011-12-19 1 KATIE L KLOSS CPA 4013310500 2010 2016-02-24 21:20:13Z ELIZABETH F MCGRATH 372 PURGATORY ROAD MIDDLETOWN RI 02842 46939403 0 X WWW.STGEORGES.EDU X PRIVATE SCHOOL 1896 RI TO GIVE STUDENTS IN THE GRADES OF 9 THRU 12 THE OPPORTUNITY OF DEVELOPING TO THE FULLEST EXTENT POSSIBLE THE PARTICULAR GIFTS THAT ARE THEIRS AND TO ENCOURAGE IN THEM THE DESIRE TO DO SO. 28 27 250 280 0 -588895 4694426 3943319 15464799 16081416 5357135 7325047 1858627 2174349 27374987 29524131 0 4243701 0 0 8523270 11717049 0 24206 1713567 17881693 11527766 26404963 27512722 970024 2011409 165068846 185019571 26922608 28742707 138146238 156276864 TO GIVE STUDENTS IN THE GRADES OF 9 THRU 12 THE OPPORTUNITY OF DEVELOPING TO THE FULLEST EXTENT POSSIBLE THE PARTICULAR GIFTS THAT ARE THEIRS AND TO ENCOURAGE IN THEM THE DESIRE TO DO SO. 0 0 22264316 22852012 ST. GEORGE'S SCHOOL PRIMARILY PROVIDES INSTRUCTION AND STUDENT EDUCATION SUPPORT TO STUDENTS IN GRADES 9-12. 22264316 1 1 0 0 0 0 0 0 1 1 1 0 0 1 0 1 0 1 0 1 0 1 1 0 0 0 0 1 1 1 0 0 0 0 0 1 1 0 1 0 1 0 0 0 0 1 0 0 0 0 1 71 0 1 250 1 1 1 0 0 0 0 0 0 0 0 0 X 28 27 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 X ELIZABETH F MCGRATH ASST TREASUR 4018426785 372 PURGATORY ROAD MIDDLETOWN RI 02842 ERIC PETERSON 40.00 X X 278960 0 33395 RODULPHUS BETHEA JR 0.00 X 0 0 0 WILLIAM A BUELL JR 0.00 X 0 0 0 ROBERT L CERES 0.00 X 0 0 0 STUART G DANFORTH 0.00 X 0 0 0 WILLIAM G DEAN 0.00 X 0 0 0 ERIC O FORNELL 0.00 X 0 0 0 BARBARA PUTNAM 0.00 X 0 0 0 WILLIAM C DORSEY 0.00 X 0 0 0 ROBERT C DUCOMMUN 0.00 X X 0 0 0 DAVID S HALWIG 0.00 X 0 0 0 RICHARD N SAYER 0.00 X 0 0 0 FRANCIS S BRANIN JR 0.00 X X 0 0 0 LESLIE BATHGATE HEANEY 0.00 X 0 0 0 JOSEPH C HOOPES 0.00 X 0 0 0 LISA MCCARTHY 0.00 X 0 0 0 WENDY KAUFMAN 0.00 X 0 0 0 J PHILIP LEE 0.00 X 0 0 0 ARTHUR F DRAPER 0.00 X 0 0 0 CHRISTINE ELIA 0.00 X 0 0 0 ALBERT W MERCK 0.00 X 0 0 0 BETSY S MICHEL 0.00 X 0 0 0 BETTS HMURRAY 0.00 X X 0 0 0 JONATHAN T ISHAM JR 0.00 X 0 0 0 THE RT REV HAYS H ROCKWELL 0.00 X 0 0 0 RICHARD A WAYNER 0.00 X 0 0 0 NORRIS STRAWBRIDGE 0.00 X 0 0 0 THOMAS C STURTEVANT 0.00 X 0 0 0 JOHN A VAN BEUREN 0.00 X 0 0 0 RICHARD G VERNEY 0.00 X 0 0 0 PETER M WARD 0.00 X 0 0 0 CHARLES G WATSON 0.00 X 0 0 0 CHARLES K WILLIAMS III 0.00 X 0 0 0 JOHN H WULSIN 0.00 X 0 0 0 THE RT REV GERALYN WOLF 0.00 X 0 0 0 LAURA S DE RAMEL 0.00 X 0 0 0 PHOEBE W MUZZY 0.00 X 0 0 0 LAURA F PEDRICK 0.00 X 0 0 0 WILLIAM PRESCOTT 0.00 X 0 0 0 CHRISTOPHER B SAROFIM 0.00 X 0 0 0 ELIZABETH FMCGRATH 40.00 X 136180 0 7179 J TIMOTHY RICHARDS 40.00 X 120782 0 37720 GEORGE STAPLES 40.00 X 128534 0 37725 PATRICIA MOSS 40.00 X 134443 0 7179 THOMAS P CALLAHAN 30.00 X 135642 0 11192 C JOSEPH GOULD 40.00 X 153837 0 31179 1088378 0 165569 7 1 1 0 SAGE DINING SERVICES INC 222 BOSLEY AVENUE SUITE B7 TOWNSON MD 21204 DINING SERVICES 1228922 SHAWMUT DESIGN AND CONSTRUCTION SUITE A 275 3 DAVOL SQUARE PROVIDENCE RI 02903 CONSTRUCTION CONTRACTOR 790326 ABM JANITORIAL SERVICES NORTHEAST INC PO BOX 1534 NEW YORK NY 100081534 CLEANING SERVICES 600809 PERRY DEAN ROGERS PARTNERS ARCHITECTS 177 MILK STREET BOSTON MA 02109 ARCHITECTS/ENGINEERS 452773 APEX TECHNOLOGY GROUP INC 2158 PLAINFIELD PIKE SUITE 1 CRANSTON RI 02921 CONSULTANTS/TECHNOLOGY 341433 9 3943319 709000 3943319 STUDENT SERVICES 900099 16081416 16081416 16081416 2728800 2728800 22011519 17373910 41362 4637609 -41362 4596247 4596247 OTHER INVESTMENT GAIN 900099 2174349 2174349 2174349 29524131 22852012 0 2728800 4058441 4058441 185260 185260 614217 455715 158502 8337151 6551651 1071786 713714 2098218 1560860 321790 215568 667463 504487 99345 63631 24206 24206 270993 270993 406729 406729 2885270 2885270 PLANT & UTILITIES 4415874 4179131 236743 INSTRUCTIONAL & STUDENT 2339216 2339216 GENERAL & ADMINISTRATIV 1209684 671738 537946 27512722 22264316 3534839 1713567 409254 645916 5655396 4198911 199778 217581 190000 190000 409285 463004 226108 222737 190981 285412 85326891 36381837 43793951 48945054 113530657 129353440 463436 497516 165068846 185019571 2364788 4324285 2080495 1996226 14750000 18360000 4000000 86000 3727325 3976196 26922608 28742707 X 51521098 61785829 26080493 33184899 60544647 61306136 138146238 156276864 165068846 185019571 X 2011409 16119217 X X 0 1 1 X 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 92289352 654535 22998584 5954427 109988044 84827067 2501892 11508047 6547654 92289352 105215040 3444762 -16960125 6872610 84827067 0.27360 0.48970 0.23670 1 0 562888 562888 60464586 26563585 33901001 3801505 2252387 1549118 11868267 7565865 4302402 8629645 8629645 48945054 INVESTMENTS 117939578 F SPLIT INTEREST AGREEMENTS 11413862 F 129353440 DUE TO BENEFICIARIES OF SPLIT INTEREST AGREEMENTS 2923594 INTEREST RATE SWAP 1052602 3976196 29524131 27512722 2011409 15853451 265766 16119217 18130626 41399647 15853451 -3977935 11875516 29524131 0 29524131 23269021 0 23269021 4243701 4243701 27512722 PART XI, LINE 8 - OTHER ADJUSTMENTS: UNREALIZED GAIN ON INTEREST RATE HEDGE PART XII, LINE 2D - OTHER ADJUSTMENTS: STUDENT AID -4,243,701. UNREALIZED GAINS ON INTEREST RATE HEDGING RELATED TO BONDS 265,766. PART XIII, LINE 4B - OTHER ADJUSTMENTS: STUDENT AID 4,243,701. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATION SCHEDULE E, PART I, LINE 3 THE RACIALLY NON-DISCRIMINATORY POLICY IS WRITTEN IN ALL ALUMNI BULLETINS AND SCHOOL CATALOGS. ST. GEORGE'S SCHOOL ADMITS STUDENTS OF ANY RACE, COLOR, NATIONAL AND ETHNIC ORIGIN TO ALL THE RIGHTS, PRIVILEGES, PROGRAMS, AND ACTIVITIES GENERALLY ACCORDED OR MADE AVAILABLE TO STUDENTS AT THE SCHOOL. IT DOES NOT DISCRIMINATE ON THE BASIS OF RACE, COLOR, NATIONAL AND ETHNIC ORIGIN IN ADMINISTRATION OF ITS EDUCATIONAL POLICIES, ADMISSIONS POLICIES, SCHOLARSHIP AND LOAN PROGRAMS, AND ATHLETIC AND OTHER SCHOOL-ADMINISTERED PROGRAMS. 1 SOUTH AMERICA 0 0 GRANTS 74704 CENTRAL AMERICA & CARRIBEAN 0 0 GRANTS 48000 NORTH AMERICA 0 0 GRANTS 31704 SOUTH ASIA 0 0 GRANTS 25000 MIDDLE EAST & NORTH AFRICA 0 0 GRANTS 5852 0 0 0 185260 0 185260 NEED-BASED GRANTS SOUTH AMERICA 2 73000 SCHOLARSHIP FMV EDUCATIONAL SUPPLIES SOUTH AMERICA 2 1704 LAPTOP GRANT FMV NEED-BASED GRANTS CENTRAL AMERICAN & CARRIBEAN 2 48000 SCHOLARSHIP FMV NEED-BASED GRANTS NORTH AMERICA 1 30000 SCHOLARSHIP FMV EDUCATIONAL SUPPLIES NORTH AMERICA 1 1704 LAPTOP GRANT FMV NEED-BASED GRANTS SOUTH ASIA 1 25000 SCHOLARSHIP FMV NEED-BASED GRANTS MIDDLE EAST & NORTH AFRICA 1 5000 SCHOLARSHIP FMV EDUCATIONAL SUPPLIES MIDDLE EAST AND NORTH AFRICA 1 852 LAPTOP GRANT FMV 0 0 0 0 0 0 OTHER INFORMATION SCHEDULE F, PART V PART 1, QUESTION 2: GRANTS ARE PROVIDED TO STUDENTS TO ATTEND ST. GEORGE'S SCHOOL AND ARE RECORDED AS A CREDIT AGAINST THE FULL BOARDING TUITION CHARGE. ANY ADDITIONAL GRANTS FOR INCIDENTAL CHARGES INCLUDING THE PURCHASE OF A COMPUTER ARE RECORDED AS CREDITS TO A STUDENT'S ACCOUNT TO OFFSET EXPENSES PAID DIRECTLY BY THE SCHOOL ON BEHALF OF THE STUDENT. X X X X X 1 GRENZABACK GLIER & ASSOCIATES 24 ARDEN ROAD WELLESLEY MA 02482 CONSULTANT 0 1604960 24206 1580754 1604960 24206 1580754 RI 1 STUDENT SCHOLARSHIPS - DAY & BOARDING TUITION 123 0 3963600 FMV CREDITS AGAINST TUITION DUE EDUCATIONAL SUPPLIES 43 5000 89841 FMV LAPTOP COMPUTERS, INSURANCE, ETC. PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: MOST FUNDS ARE DISTRIBUTED AS CREDITS AGAINST CHARGES ON A STUDENT'S ACCOUNT, AND ARE MOSTLY FOR PURCHASES OF TUITION, TEXTBOOKS OR MEDICAL INSURANCE. THE FINANCIAL AID OFFICERS AND THE STUDENTS' ADVISORS MEET REGULARLY WITH THE STUDENTS RECEIVING AID TO REVIEW ANY EXPENSES. X X X 1 1 X X X 0 0 0 0 0 0 0 0 0 ERIC PETERSON 238817 0 35500 0 4643 0 0 0 33395 0 312355 0 299752 0 J TIMOTHY RICHARDS 120782 0 0 0 0 0 0 0 37720 0 158502 0 151171 0 GEORGE STAPLES 128534 0 0 0 0 0 0 0 37725 0 166259 0 160876 0 C JOSEPH GOULD 153837 0 0 0 0 0 0 0 31179 0 185016 0 181345 0 PART I, LINE 1A THE ORGANIZATION IS A BOARDING HIGH SCHOOL. HOUSING IS PROVIDED FOR THE CONVENIENCE OF THE ORGANIZATION AS WELL AS OF A CONDITION OF EMPLOYMENT. SOCIAL CLUB MEMBERSHIP IS USED PRIMARILY FOR STUDENT-RELATED EVENTS (DANCES, ETC.). A $5,000 DISCRETIONARY ACCOUNT IS AVAILABLE FOR THE HEAD OF SCHOOL. DOCUMENTATION OF ALL EXPENSES IS MAINTAINED. RHODE ISLAND HEALTH & EDUCATIONAL BUILDING CORP 521300173 762195CH6 2003-10-22 18000000 SEE PART V 0 0 0 RHODE ISLAND HEALTH & EDUCATIONAL BUILDING CORP 521300173 2010-12-29 4000000 SEE PART V 0 0 0 3640000 1 0 1 1 4000000 4000000 1 0 1 1 0 0 0 0 0 1 0 0 0 0 0 0.00000 0.00000 0.00000 1 0 1 0 0 0 0 0 1 0 0 0 0 SCHEDULE K SUPPLENTAL INFORMATION THE PROJECT FOR BOND A CONSISTS PRIMARILY OF THE FINANCING OF (1) THE PLANNING, ACQUISITION, CONSTRUCTION, EQUIPPING AND FURNISHING OF VARIOUS OF THE BORROWER'S FACILITIES LOCATED AT 372 PURGATORY ROAD IN MIDDLETOWN, RHODE ISLAND, AND ADJACENT AREAS TO BE USED IN FURTHERANCE OF THE SCHOOL'S EDUCATIONAL MISSION AND (2) THE REFINANCING OF APPROXIMATELY $11,575,000 OF OUTSTANDING DEBT FROM THE SCHOOL'S SERIES 2000 BOND ISSUE. THE PROJECT FOR BOND B CONSISTS ENTIRELY OF REFUNDING A $4 MILLION LINE OF CREDIT NOTE ISSUED ON 11/29/2007. ERIC F PETERSON PROMISSORY NOTE FOR PURCHASE OF RESIDENCE X 150000 150000 0 1 1 ERIC F PETERSON PROMISSORY NOTE FOR PURCHASE OF RESIDENCE X 40000 40000 0 1 1 190000 UNDISCLOSED DUE TO FERPA ACT UNDISCLOSED DUE TO (FERPA) ACT 62000 TUITION GRANT TO ATTEND ST. GEORGE'S SCHOOL KRISTA L PETERSON SPOUSE OF OFFICER 39454 COMPENSATION 0 JENNIFER GOULD SPOUSE OF FORMER OFFICER 36088 COMPENSATION 0 X 55 709000 FAIR MARKET VALUE 0 0 0 FORM 990, PART VI, SECTION B, LINE 11 THE AUDIT COMMITTEE REVIEWS A DRAFT OF THE TAX RETURN BEFORE FILING. EMAIL NOTIFICATION IS SENT TO ALL TRUSTEES INFORMING THEM THAT THE FINAL VERSION OF THE TAX RETURN, EXCLUDING GIFTS, HAS BEEN POSTED TO THE TRUSTEES' WEBSITE. FORM 990, PART VI, SECTION B, LINE 12C IN ORDER TO MONITOR AND ENFORCE COMPLIANCE OF THE POLICY, A SIGNED CONFLICT OF INTEREST POLICY IS REQUIRED ON AN ANNUAL BASIS. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION HIRES AN EDUCATIONAL COMPENSATION CONSULTANT TO WORK ON THE "HEAD OF SCHOOL'S" COMPENSATION CONTRACT. THE HEAD OF SCHOOL ALSO REVIEWS DATA FROM COMPARABLE SCHOOL TO ENSURE THAT COMPENSATION IS IN LINE WITH OTHER SIMILAR SCHOOLS. THE COMPENSATION COMMITTEE REVIEWS THE PERTINENT DATA AND THE DECISION PROCESS WITH THE HEAD OF SCHOOL. FORM 990, PART VI, SECTION C, LINE 19 UPON REQUEST THE SCHOOL MAKES IT GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 15,853,451. UNREALIZED GAIN ON INTEREST RATE HEDGE 265,766. TOTAL TO FORM 990, PART XI, LINE 5: 16,119,217. THE PROCESS PERFORMED BY THE AUDIT COMMITTEE IN ORDER TO ASSUME RESPONSIBILITY FOR THE AUDITED FINANCIAL STATEMENTS HAS NOT CHANGED SINCE THE PRIOR YEAR. CAMP RAMLEH CO ST GEORGE'S SCHOOL PO BOX 1910 NEWPORT RI 02840 050259009 SUMMER CAMP RI 501(C)(3) 7 N/A 0 0 1 0 0 0 0 0 0 0 0 1 0 1 0 0 1 0 0