2012-05-11T05:43:52-05:00 2011-06-30 MCGLADREY LLP 100 INTERNATIONAL DRIVE SUITE 1400 BALTIMORE MD 21202 990 2010-07-01 520258140 THE BRYN MAWR SCHOOL FOR GIRLS OF BALTIMORE CITY BRYN 4103238800 109 W MELROSE AVE BALTIMORE MD 21210 SHARON WOLFORD 4103238800 2012-05-02 JULIA FLANNERY CPA 4102469300 2010 2016-02-24 21:20:13Z MAUREEN WALSH 109 W MELROSE AVE BALTIMORE MD 21210 26972424 0 X WWW.BRYNMAWRSCHOOL.ORG X 1885 MD THE BRYN MAWR SCHOOL IS AN INDEPENDENT, NONSECTARIAN, COLLEGE-PREPARATORY SCHOOL FOR GIRLS FROM PRESCHOOL THROUGH GRADE TWELVE. WITHIN A NURTURING ENVIRONMENT, BRYN MAWR'S RIGOROUS ACADEMIC CURRICULUM INSPIRES A PASSION FOR INTELLECTUAL CURIOSITY AND EMPHASIZES THE DELIGHTS AND DEMANDS OF LEARNING. IN THE CLASSICAL HUMANISTIC TRADITION, BRYN MAWR PROMOTES THE FULL DEVELOPMENT OF MIND, BODY, AND SPIRIT. THE SCHOOL CULTIVATES RESPECT FOR DIVERSITY AND ENGENDERS HABITS OF MORAL AND ETHICAL LEADERSHIP AND A SENSE OF RESPONSIBILITY TO THE BROADER COMMUNITY. A BRYN MAWR EDUCATION IS GROUNDED IN THE EXPECTATION THAT YOUNG WOMEN WILL BE RESILIENT IN THE FACE OF COMPLEXITY, AMBIGUITY, AND CHANGE; WILL BECOME RESPONSIBLE AND CONFIDENT PARTICIPANTS IN THE WORLD; AND, WILL LEAD CONSIDERED AND CONSEQUENTIAL LIVES. 24 20 443 550 0 0 1901767 2103033 19545599 20079083 1067951 945259 48490 55579 22563807 23182954 2917054 3139057 0 0 13742578 13640993 0 0 1093583 6111489 6241148 22771121 23021198 -207314 161756 48417123 53201029 11177660 11192941 37239463 42008088 X THE BRYN MAWR SCHOOL IS AN INDEPENDENT, NONSECTARIAN, COLLEGE-PREPARATORY SCHOOL FOR GIRLS FROM PRESCHOOL THROUGH GRADE TWELVE. WITHIN A NURTURING ENVIRONMENT, BRYN MAWR'S RIGOROUS ACADEMIC CURRICULUM INSPIRES A PASSION FOR INTELLECTUAL CURIOSITY AND EMPHASIZES THE DELIGHTS AND DEMANDS OF LEARNING. IN THE CLASSICAL HUMANISTIC TRADITION, BRYN MAWR PROMOTES THE FULL DEVELOPMENT OF MIND, BODY AND SPIRIT. THE SCHOOL CULTIVATES RESPECT FOR DIVERSITY AND ENGENDERS HABITS OF MORAL AND ETHICAL LEADERSHIP AND A SENSE OF RESPONSIBILITY TO THE BROADER COMMUNITY. A BRYN MAWR EDUCATION IS GROUNDED IN THE EXPECTATION THAT YOUNG WOMEN WILL BE RESILIENT IN THE FACE OF COMPLEXITY, AMBIGUITY AND CHANGE; WILL BECOME RESPONSIBLE AND CONFIDENT PARTICIPANTS IN THE WORLD AND WILL LEAD CONSIDERED AND CONSEQUENTIAL LIVES. 0 0 18691973 3139057 19506360 PROVIDING A PRESCHOOL, ELEMENTARY AND SECONDARY SCHOOL EDUCATION TO 836 STUDENTS. 18691973 1 1 0 0 0 0 0 0 1 1 1 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 1 0 0 1 0 1 0 0 0 0 1 0 0 0 0 1 50 1 1 443 1 0 0 0 0 0 0 0 0 0 0 X 24 20 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MD X SHARON V WOLFORD 4103238800 109 W MELROSE AVENUE BALTIMORE MD 21210 ANN HANKIN 1.00 X X 0 0 0 MARILYN KOEPPEL OGBURN 1.00 X X 0 0 0 JULIE R RUBIN 1.00 X X 0 0 0 HARRY S GRUNER 1.00 X X 0 0 0 MARK M CAPLAN 1.00 X X 0 0 0 SALLY DIGGES 1.00 X 0 0 0 KEVIN O'KEEFE 1.00 X 0 0 0 KENNETH M STUZIN 1.00 X 0 0 0 THOMAS H BROADUS III 1.00 X 0 0 0 DEBORAH ROSS CHAMBLISS 1.00 X 0 0 0 CARDELLA W COLEMAN 1.00 X 0 0 0 MARY HUNDLEY DEKUYPER 1.00 X 0 0 0 NANCY RATCLIFFE FERRELL 1.00 X 0 0 0 JENNIE LEE WILLIAMS FOWLKES 1.00 X 0 0 0 LEXIE BOZZUTO GREENE 1.00 X 0 0 0 CHARLES F JACOBS 1.00 X 0 0 0 CECILY C MATTHAI 1.00 X 0 0 0 MERRITT DILEONARDI MILLER 1.00 X 0 0 0 MAUREEN E WALSH 40.00 X X 281400 0 74456 DOUGLAS OBER 1.00 X 0 0 0 KAREN PATERAKIS PHILIPPOU 1.00 X 0 0 0 GRACE POLLACK 1.00 X 0 0 0 MOHAN SUNTHA 1.00 X 0 0 0 DONNA H TRIPTOW 1.00 X 0 0 0 SHARON WOLFORD 40.00 X 156849 0 24678 JULIE MARSHALL 40.00 X 116344 0 11665 LYNN BYANK 40.00 X 104050 0 6243 MARGERY BESSENT 40.00 X 130700 0 12526 JENNIFER GALAMBOS 40.00 X 116513 0 11912 PATRICIA NOTHSTEIN 40.00 X 105727 0 11351 1011583 0 152831 8 0 1 0 WHITING-TURNER CONTRACTING PO BOX 17596 BALTIMORE MD 21297 CONSTRUCTION 659115 SODEXHO INC & AFFILIATES PO BOX 536922 ATLANTA GA 30353 FOOD SERVICES 462380 2 2103033 207567 2103033 TUITION AND FEES 611600 19043209 19043209 CAFETERIA 722210 572723 572723 SPECIAL ACTIVITIES 611710 304701 304701 SUMMER PROGRAM 611710 158450 158450 20079083 729156 729156 47308 47308 47308 47308 3725572 3509469 216103 216103 216103 7020 3510 3510 3510 278961 276491 2470 2470 MISC. INCOME 900099 2291 2291 2291 23182954 19506360 0 1573561 3139057 3139057 516399 410063 79752 26584 10687224 8486525 1650524 550175 508617 384950 92750 30917 1110669 842664 201004 67001 818084 661741 117257 39086 26915 20186 6729 70755 53066 17689 745246 714793 22839 7614 67884 50913 16971 822741 602974 164825 54942 237799 242330 -3398 -1133 728055 728055 21511 16133 5378 346725 346725 1115754 1004179 111575 204005 153004 51001 MISCELLANEOUS EXPENSE 611900 410558 151015 50327 PROGRAM SERVICE EXPENSE 553509 553509 MAINTENANCE BLDG. & GRO 510575 510575 FUNDRAISING EXPENSES 167811 167811 RELEASED FROM RESTRICTI 9963 7472 2491 23021198 18691973 3235642 1093583 4180 4180 3434958 2120817 1002391 720199 318972 345614 7700 103286 87877 101908 115212 37985314 17586541 20292892 20398773 22135570 9808625 16963073 1022966 2628959 48417123 53201029 1325299 1494471 2008428 2004505 7350000 7220000 493933 473965 11177660 11192941 X 16010349 18094278 6302561 8613928 14926553 15299882 37239463 42008088 48417123 53201029 X 161756 4606869 X 0 1 1 X 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 18115755 561910 1594970 20272635 16869683 294589 951483 18115755 24159312 419739 -4409615 3299753 16869683 0.25230 0.74770 0 0 323752 323752 28751261 13897806 14853455 711188 345405 365783 4631773 2141683 2490090 3567340 1201647 2365693 20398773 VANGUARD 500 7253758 F VANGUARD MID-CAP INDEX 3593775 F VANGUARD TOTAL INTERNATIONAL 3448750 F ISHARES TRUST 2666790 F 16963073 INTEREST RATE SWAP 473965 473965 23182954 23021198 161756 4586901 19968 4606869 4768625 24927257 4586901 296459 4883360 20043897 3139057 3139057 23182954 20158632 276491 276491 19882141 3139057 3139057 23021198 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: THE FUND'S INVESTMENT OBJECTIVE IS TO PRESERVE ITS PURCHASING POWER, WHILE PROVIDING A CONTINUING AND STABLE FUNDING SOURCE TO SUPPORT THE PROGRAMS OF THE SCHOOL. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: WHEN TAX RETURNS ARE FILED, IT IS HIGHLY CERTAIN THAT SOME POSITIONS TAKEN WOULD BE SUSTAINED UPON EXAMINATION BY THE TAXING AUTHORITIES, WHILE OTHER ARE SUBJECT TO UNCERTAINTY ABOUT THE MERITS OF THE POSITION TAKEN OR THE AMOUNT OF THE POSITION THAT WOULD BE ULTIMATELY SUSTAINED. THE BENEFIT OF A TAX POSITION IS RECOGNIZED IN THE FINANCIAL STATEMENTS IN THE PERIOD DURING WHICH, BASED ON ALL AVAILABLE EVIDENCE, MANAGEMENT BELIEVES IT IS MORE-LIKELY-THAN-NOT THAT THE POSITION WILL BE SUSTAINED UPON EXAMINATION, INCLUDING THE RESOLUTION OF APPEALS OR LITIGATION PROCESSES, IF ANY. TAX POSITIONS TAKEN ARE NOT OFFSET OR AGGREGATED WITH OTHER POSITIONS. TAX POSITIONS THAT MEET THE MORE-LIKELY-THAN-NOT RECOGNITION THRESHOLD ARE MEASURED AS THE LARGEST AMOUNT OF TAX BENEFIT THAT IS MORE THAN 50% LIKELY OF BEING REALIZED UPON SETTLEMENT WITH THE APPLICABLE TAXING AUTHORITY. AS OF JUNE 30, 2011, AND FOR THE YEAR THEN ENDED, THERE ARE NO MATERIAL UNRECOGNIZED/DERECOGNIZED TAX BENEFITS OR TAX PENALTIES OR INTEREST. THE SCHOOL IS NO LONGER SUBJECT TO U.S. FEDERAL AND STATE INCOME TAX EXAMINATIONS BY TAX AUTHORITIES BEFORE 2008. PART XI, LINE 8 - OTHER ADJUSTMENTS: INCREASE IN FAIR VALUE OF INTEREST RATE SWAP 19,968. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD AMOUNTS NETTED WITH REVENUE 276,491. INCREASE IN FAIR VALUE OF INTEREST SWAP RATE 19,968. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID AMOUNTS NETTED ON FINANCIAL STATEMENTS 3,139,057. PART XIII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD AMOUNTS NETTED WITH REVENUE 276,491. PART XIII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID AMOUNTS NETTED ON FINANCIAL STATEMENTS 3,139,057. 1 1 1 0 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 NEWSPAPER ADVERTISEMENTS EXPLANATION OF DOCUMENT RETENTION SCHEDULE E, PART I, LINE 4 THERE ARE NO RACIALLY DISCRIMINATING POLICIES AT THE SCHOOL. THUS NO RECORDS ARE KEPT. BRYN MAWR SCHOOL ADMITS QUALIFIED STUDENTS OF ANY RACE, RELIGION, SEXUAL ORIENTATION, NATIONAL OR ETHNIC ORIGIN, DISABILITY, OR ANY OTHER LEGALLY PROTECTED STATUS TO ALL OF 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, RELIGION, SEXUAL ORIENTATION, NATIONAL OR ETHNIC ORIGIN, DISABILITY, OR ANY OTHER LEGALLY PROTECTED STATUS, IN ADMINISTRATION OF ITS HIRING, EDUCATIONAL, AND ADMISSIONS POLICIES, AS WELL AS OF ITS SCHOLARSHIP, LOAN, ATHLETIC AND OTHER SCHOOL-ADMINISTERED PROGRAMS. 1 FINANCIAL AID 228 3139057 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: THE GRANTS REDUCE THE STUDENT'S TUITION BILL. NO CASH IS GIVEN DIRECTLY TO THE STUDENT. X X 1 1 X X X 0 0 0 0 0 0 0 0 0 MAUREEN E WALSH 226479 0 0 0 54921 0 13589 0 70433 0 365422 0 0 0 SHARON WOLFORD 156849 0 0 0 0 0 9411 0 15357 0 181617 0 0 0 PART I, LINE 1A THE HEADMISTRESS RECEIVES THESE BENEFITS. THEY ARE INCLUDED IN HER NONTAXABLE BENEFITS. HOUSING ALLOWANCE OR RESIDENCE FOR PERSONAL USE $30,000 PERSONAL SERVICES $15,600 MARYLAND HEALTH AND HIGHER EDUCATIONAL FACILITIES AUTHORITY 520936091 2009-10-14 7350000 CONSTRUCT SCHOOL FACILITIES AND REFUND PRIOR ISSUE 0 0 0 130000 7350000 1634000 5350000 366000 2011 1 0 0 1 0 0 0 0 1 0.00000 0.00000 0.00000 1 0 1 1 SUNTRUST 10.250000000000 0 0 0 0 1 SCHEDULE K SUPPLENTAL INFORMATION PRIOR ISSUE REFUNDED: MARYLAND HEALTH AND HIGHER FACILITIES AUTHORITY REVENUE BONDS, BRYN MAWR SCHOOL ISSUE, SERIES 2005 BONDS ISSUED ON MARCH 15, 2005. SHARON WOLFORD PERSONAL LOAN X 5000 3900 0 1 1 PATRICIA NOTHSTEIN PERSONAL LOAN X 5000 3800 0 1 1 7700 REBECCA HENRY WIFE OF HARRY GRUNER, DIRECTOR OF ORGANIZATION 20400 BMS FACULTY MEMBER 0 ANNE BROADUS WIFE OF THOMAS BROADUS, DIRECTOR OF THE ORGANIZATION 25000 BMS FACULTY MEMBER 0 PATRICIA DAVIS SISTER OF NANCY RATCLIFFE FERRELL, DIRECTOR OF THE ORGANIZATION 26861 BMS FACULTY MEMBER 0 X 17 207567 FAIR MARKET VALUE 0 1 0 FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 IS PREPARED BY AN OUTSIDE ACCOUNTING FIRM. MANAGEMENT, THE TREASURER OF THE BOARD OF TRUSTEES AND THE CHAIR OF THE BOARD OF TRUSTEES REVIEW THE FORM 990 BEFORE IT IS FILED WITH THE IRS AND MADE AVAILABLE TO THE ENTIRE GOVERNING BODY. BOARD MEMBERS ARE NOTIFED WHEN THE 990 IS COMPLETE AND THAT COPIES ARE AVAILABLE FOR REVIEW IN THE BUSINESS OFFICE UPON REQUEST. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY, ALL TRUSTEES AND OTHER INTERESTED PARTIES REVIEW A COPY OF THE SCHOOL'S CONFLICT OF INTEREST POLICY AND COMPLETE AN AFFIRMATION OF COMPLIANCE AND DISCLOSURE STATEMENT. A SUMMARY OF DISCLOSURES IS REVIEWED BY THE EXECUTIVE COMMITTEE OF THE BOARD TO DETERMINE THE EXISTENCE OF ANY CONFLICTS AND, IF SO, WHETHER OR NOT A CONFLICT MATERIALLY AND ADVERSELY AFFECTS THE INTEREST OF THE SCHOOL. DECISIONS ARE REPORTED TO THE BOARD OF TRUSTEES. ALL PARTIES ARE REQUIRED TO INFORM THE BOARD CHAIR OF ANY CHANGE IN THE STATUS OF HIS/HER DISCLOSURE STATEMENT THROUGHOUT THE COURSE OF THE YEAR. ANY SITUATIONS THAT ARISE DURING THE COURSE OF THE YEAR ARE PROCESSED IN THE SAME MANNER AS DESCRIBED HEREIN. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION OF THE TOP MANAGEMENT OFFICIAL IS DETERMINED AND DOCUMENTED BY THE BOARD OF TRUSTEES AND THE COMPENSATION OF OTHER KEY EMPLOYEES OF THE ORGANIZATION IS DETERMINED BY THE HEAD OF SCHOOL. BOTH ARE EXAMINED BY THE BOARD OF TRUSTEES TO ASSURE THAT THE SCHOOL IS IN COMPLIANCE WITH INTERMEDIATE SANCTION REGULATIONS, SPECIFICALLY THAT 1) COMPENSATION OF DISQUALIFIED PERSONS IS REASONABLE AS DETERMINED BY ASSURING THAT IT FALLS WITHIN THE RANGE OF COMPENSATION OF COMPARATIVE EMPLOYEES AT COMPARATIVE INSTITUTIONS; AND 2) SUCH COMPENSATION DOES NOT RESULT IN AN EXCESS BENEFIT TRANSACTION. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND THE FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 4,586,901. INCREASE IN FAIR VALUE OF INTEREST RATE SWAP 19,968. TOTAL TO FORM 990, PART XI, LINE 5: 4,606,869. ROLAND-NORTHERN BRIDGE COMPANY 5407 ROLAND AVENUE BALTIMORE MD 21210 300088452 BUILDING AND MAINTENANCE OF PEDESTRIAN BRIDGES MD 501(C)(3) LINE 11A, I N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0