2026-05-13T12:47:44-05:00 2025-06-30 871353108 EISNER ADVISORY GROUP LLC 733 THIRD AVENUE NEW YORK NY 100172703 990 2024-07-01 131635257 THE CHAPIN SCHOOL LTD CHAP 2127442335 100 EAST END AVENUE NEW YORK NY 10028 PATRICIA FOSTER CHIEF FINANCIAL OFFICER 2127442335 2026-05-12 1 1 WILLIAM EPSTEIN P01307171 2129498700 2024 2025-03-06 01:10:19Z SUZANNE FOGARTY 100 EAST END AVENUE NEW YORK NY 10028 81614898 0 X WWW.CHAPIN.EDU X 1929 NY THE CHAPIN SCHOOL IS AN INDEPENDENT DAY SCHOOL FOR YOUNG WOMEN IN GRADES K THROUGH 12. 23 22 317 450 0 0 11597496 11673998 52043859 54849824 1804110 2072452 243936 331145 65689401 68927419 8183823 8285547 0 0 33766376 34232205 197346 204000 3508018 29258628 28445147 71406173 71166899 -5716772 -2239480 355935643 361756793 101161060 99707921 254774583 262048872 THE CHAPIN SCHOOL IS AN INDEPENDENT DAY SCHOOL FOR YOUNG WOMEN IN GRADES K-12. CHAPIN'S COMMITTED TO PREPARING YOUNG WOMEN TO THRIVE/LEAD THROUGH THE PURSUIT OF ACADEMIC EXCELLENCE. 0 0 55284004 8285547 54849824 THE SCHOOL MEETS THE EDUCATIONAL NEEDS OF APPROXIMATELY 830 STUDENTS FROM KINDERGARTEN THROUGH 12TH GRADE, WITH AN INSTRUCTIONAL STAFF OF 134 AND THE ADDITIONAL SUPPORT OF 61 EMPLOYEES. GRANTS ARE GIVEN BY THE SCHOOL IN THE FORM OF FINANCIAL AID TO ELIGIBLE STUDENTS. DURING THE SCHOOL YEAR ENDED JUNE 30 2025, 153 ELIGIBLE STUDENTS WERE AWARDED SUCH SCHOLARSHIPS. 55284004 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 1 0 1 0 1 0 0 1 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 141 0 317 1 0 1 CJ 0 0 0 0 0 0 0 0 0 0 X 23 22 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NY X JENNIE LEUNG CO CHAPIN SCHOOL 2125704923 100 EAST END AVENUE NEW YORK NY 10028 SUZANNE FOGARTY HEAD OF SCHOOL 40.00 X X 1037493 0 129542 LEEANN BLACK CHAIR 10.00 X X 0 0 0 STEPHANIE COLEMAN VICE CHAIR 5.00 X X 0 0 0 KIM KARETSKY KRINSKY VICE CHAIR, FINANCE 5.00 X X 0 0 0 CLARENCE MITCHELL SECRETARY 5.00 X X 0 0 0 ALEXA BATOR CHAE ASSISANT SECRETARY 5.00 X X 0 0 0 MELINDA CHENG TRUSTEE 2.00 X 0 0 0 JARED COHEN TRUSTEE 2.00 X 0 0 0 CISCO J DEL VALLE TRUSTEE 2.00 X 0 0 0 CHRISTINA S DIGGS TRUSTEE 2.00 X 0 0 0 POOJA GOYAL TRUSTEE 2.00 X 0 0 0 MEGAN HEANUE TRUSTEE 2.00 X 0 0 0 BETH KOJIMA TRUSTEE 2.00 X 0 0 0 WILLIAM S MACKLOWE TRUSTEE 2.00 X 0 0 0 ARIELLE PATRICK TRUSTEE 2.00 X 0 0 0 WALLIS POST TRUSTEE 2.00 X 0 0 0 BARA TISCH TRUSTEE 2.00 X 0 0 0 REBECCA IRWIN TRUSTEE 2.00 X 0 0 0 BURWELL ESPY SCHORR TRUSTEE 2.00 X 0 0 0 AMANDA WALDRON TRUSTEE 2.00 X 0 0 0 PHIL HAN TRUSTEE 2.00 X 0 0 0 BETTY NOEL-PIERRE TRUSTEE 2.00 X 0 0 0 RESHMA RUGHWANI TRUSTEE 2.00 X 0 0 0 MARY P FOSTER CHIEF FINANCIAL OFFICER 40.00 X 478924 0 54513 XIOMARA HALL ASSOCIATE HEAD OF SCHOOL 40.00 X 316800 0 51266 MARITA ALTMAN DIRECTOR OF ADVANCEMENT 40.00 X 326056 0 53654 KAREY BOALS SCHNER DIRECTOR OF COLLEGE GUIDAN 40.00 X 260543 0 43671 THERESE CRUITE HEAD OF LOWER SCHOOL 40.00 X 288400 0 45200 ALLISON BISHOP HEAD OF UPPER SCHOOL 40.00 X 259836 0 44332 2968052 0 422178 107 0 1 0 ARAMARK CORPORATION PO BOX 419860 DALLAS TX 75397 FOOD SERVICE 2331798 ABM INDUSTRIES INC PO BOX 419860 BOSTON MA 02241 MAINTENANCE 1700031 JRM CONSTRUCTION MANAGEMENT LLC 242 WEST 32ND STREET NEW YORK NY 10018 CONSTRUCTION 811665 METRO INTERIOR REMODELING 684 PARK AVE MANHASSET NY 11030 CONSTRUCTION 326783 BEST TRAILS & TRAVEL 5 SIGOURNEY STREET BROOKLYN NY 11231 BUS SERVICE 302084 20 694038 10979960 453974 11673998 TUITION INCOME 611710 54081460 54081460 OTHER STUDENT FEES 611710 500364 500364 TECHNOLOGY FEES 611710 268000 268000 54849824 2072452 2072452 161373 0 161373 161373 161373 12687479 12687479 0 OTHER INCOME 900099 169772 169772 169772 68927419 54849824 0 2403597 8285547 8285547 1513630 399976 813672 299982 25221144 18559396 5273305 1388443 2437765 1728778 555031 153956 3230814 2291181 735592 204041 1828852 1296958 416393 115501 191350 191350 73000 73000 204000 204000 415520 314820 100700 1250367 34810 863598 351959 561797 500017 58985 2795 5857 1335 243 4279 180153 36328 64367 79458 2192392 1797761 328859 65772 13311481 10915415 1996722 399344 699922 573936 104988 20998 BUILDING AND MAINTENANC 3893013 3192271 583952 116790 LUNCH ROOM EXPENSE 2019344 2019344 OTHER INSTRUCTIONAL EXP 1969931 1969931 STUDENT ACTIVITIES 1057936 1057936 623084 623084 71166899 55284004 12374877 3508018 5449194 5360737 19210868 20759194 6113596 6618118 268560 336459 839116 934852 342772967 117131397 237926607 225641570 57223811 69250348 27807761 32031173 1096130 824342 355935643 361756793 5955846 5156807 9012195 9846714 84048685 82617221 2144334 2087179 101161060 99707921 X 226773600 229209286 28000983 32839586 254774583 262048872 355935643 361756793 X -2239480 9569694 -55925 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 97474457 2801275 11396120 2561442 109110410 71575859 18675556 9569692 2346650 97474457 65853682 1835349 6124392 2237564 71575859 66777337 5328611 -3766242 2486023 65853683 99195178 855433 9767812 43041086 66777337 0.83683 0.12302 0.04015 0 0 1264097 1264097 326657225 104699252 221957973 14668071 12432145 2235926 183574 183574 225641570 OFFSHORE HEDGE FUNDS 16286269 F OFFSHORE PORTFOLIO FUNDS 15744904 F 32031173 POOLED LIFE AND ANNUITY INCOME GIFTS OBLIGATION 72382 ACCRUED BOND INTEREST 2014797 2087179 X 70211567 9569694 9569694 60641873 8285546 8285546 68927419 62937277 55925 55925 62881352 8285547 8285547 71166899 PART V, LINE 4: THE SCHOOL'S ENDOWMENT FUNDS PROVIDE A PREDICTABLE STREAM OF FUNDING TO PROGRAMS SUPPORTED BY ITS ENDOWMENT, WHILE SEEKING TO MAINTAIN THE PURCHASING POWER OF THE ENDOWMENT. PART X, LINE 2: INCOME TAX UNCERTAINTIES: THE SCHOOL IS SUBJECT TO THE PROVISIONS OF THE FINANCIAL ACCOUNTING STANDARDS BOARD'S ACCOUNTING STANDARDS CODIFICATION ("ASC") TOPIC 740, INCOME TAXES, AS IT RELATES TO ACCOUNTING AND REPORTING FOR UNCERTAINTY IN INCOME TAXES. BECAUSE OF THE SCHOOL'S GENERAL TAX-EXEMPT STATUS, MANAGEMENT BELIEVES ASC TOPIC 740 HAS NOT HAD, AND IS NOT ANTICIPATED TO HAVE, A MATERIAL IMPACT ON THE SCHOOL'S FINANCIAL STATEMENTS. PART XI, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIP EXPENSE 8,285,546. PART XII, LINE 2D - OTHER ADJUSTMENTS: BAD DEBT EXPENSE 55,925. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIP EXPENSE 8,285,547. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE SCHOOL MAKES ALL INTERESTED PARTIES AWARE OF ITS NONDISCRIMINATION POLICY THROUGH NEWSPAPER ADVERTISEMENT, BROCHURES AND OTHER MEDIA. SCHEDULE E, PART I, LINE 6A ASSISTANCE FROM GOVERNMENT: THE SCHOOL RECEIVED FINANCIAL ASSISTANCE FROM THE NEW YORK STATE DEPARTMENT OF EDUCATION FOR MANDATED SERVICES. THE FINANCIAL ASSISTANCE AMOUNTED TO $694,038. CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, 0 0 INVESTMENTS 32031173 0 0 0 0 0 0 32031173 0 32031173 0 0 0 0 0 0 PART II, LINE 1 (ACCOUNTING METHOD) FOREIGN INVESTMENTS: THE SCHOOL MAINTAINS INVESTMENTS IN FOREIGN PARTNERSHIPS. ALL RELATED FILINGS FOR THESE INVESTMENTS ARE COMPLETED APPROPRIATELY AND FILED ON A TIMELY BASIS, WHEN REQUIRED. THE FOREIGN INVESTMENTS NOTED ON SCHEDULE F, PART I, LINE 3 ARE REPORTED BASED AT THEIR FAIR VALUE USING THE ACCRUAL METHOD IN ACCORDANCE WITH U.S. GAAP. 1 COMMUNITY COUNSELING SERVICE CO LLC 527 MADISON AVE 5TH FL NEW YORK NY 10022 FUNDRAISING COUNSEL 0 0 126000 -126000 HELEN BROWN GROUP LLC 489 MT AUBURN STREET ST 4 WATERTOWN MA 02472 FUNDRAISING COUNSEL 0 0 78000 -78000 204000 -204000 1 STUDENT SCHOLARSHIPS 153 8285547 FMV TUITION REDUCTION PART I, LINE 2: THE CHAPIN SCHOOL FINANCIAL AID PROGRAM: THE CHAPIN SCHOOL OFFERS A FINANCIAL AID PROGRAM FOR STUDENTS AT ALL GRADE LEVELS. THIS PROGRAM IS BASED SOLELY ON DEMONSTRATED FINANCIAL NEED AND IS AVAILABLE TO ACADEMICALLY QUALIFIED STUDENTS. CHAPIN BELIEVES THAT THE PRIMARY RESPONSIBILITY FOR FINANCING A CHILD'S EDUCATION RESTS WITH THE PARENTS, TO THE FULL EXTENT THEY CAN. THE GOAL OF THE FINANCIAL AID PROGRAM IS TO HELP BRIDGE THE GAP BETWEEN THE COST OF ATTENDANCE AND A FAMILY'S AVAILABLE FINANCIAL RESOURCES. ADMISSIONS DECISIONS AT CHAPIN ARE MADE WITHOUT REGARD TO FINANCIAL NEED. LIKE MANY INDEPENDENT SCHOOLS, CHAPIN USES AN EXTERNAL SERVICECLARITYTO CALCULATE EACH FAMILY'S EXPECTED CONTRIBUTION TOWARD THE COST OF A CHAPIN EDUCATION. CLARITY CONSIDERS A FAMILY'S GROSS TAXABLE AND NON-TAXABLE INCOME, ASSETS, LIABILITIES, FAMILY SIZE, AND THE NUMBER OF CHILDREN ATTENDING TUITION-CHARGING SCHOOLS OR COLLEGES. AFTER ALLOWING FOR BASIC LIVING EXPENSES AND REQUIRED TAXES, THE REMAINING FUNDS ARE CONSIDERED AVAILABLE FOR EDUCATION ON A SLIDING SCALE. ALL FAMILIES APPLYING FOR FINANCIAL AID MUST BEGIN BY COMPLETING THE CLARITY APPLICATION. CLARITY ANALYZES THE INFORMATION SUBMITTED AND PROVIDES CHAPIN WITH A RECOMMENDED FAMILY CONTRIBUTION. CHAPIN REVIEWS, RE-ANALYZES, AND, IF NECESSARY, ADJUSTS THIS RECOMMENDATION IN ACCORDANCE WITH ITS OWN POLICY. X X X 0 0 X X X X 0 1 0 0 0 0 0 0 0 SUZANNE FOGARTY HEAD OF SCHOOL 962493 0 0 0 75000 0 114792 0 14750 0 1167035 0 0 0 MARY P FOSTER CHIEF FINANCIAL OFFICER 478924 0 0 0 0 0 39763 0 14750 0 533437 0 0 0 MARITA ALTMAN DIRECTOR OF ADVANCEMENT 326056 0 0 0 0 0 38904 0 14750 0 379710 0 0 0 XIOMARA HALL ASSOCIATE HEAD OF SCHOOL 316800 0 0 0 0 0 36516 0 14750 0 368066 0 0 0 THERESE CRUITE HEAD OF LOWER SCHOOL 288400 0 0 0 0 0 30450 0 14750 0 333600 0 0 0 KAREY BOALS SCHNER DIRECTOR OF COLLEGE GUIDAN 260543 0 0 0 0 0 28921 0 14750 0 304214 0 0 0 ALLISON BISHOP HEAD OF UPPER SCHOOL 259836 0 0 0 0 0 29582 0 14750 0 304168 0 0 0 PART I, LINE 1A COMPENSATION: THE COMPENSATION COMMITTEE OF THE TRUSTEES DETERMINES THE ANNUAL INCREASE FOR THE HEAD OF THE SCHOOL. THE HEAD OF THE SCHOOL DETERMINES SALARIES FOR OTHER EMPLOYEES. SALARIES ARE DETERMINED BASED ON PUBLISHED COMPARABLE SALARY INFORMATION FOR SIMILAR SCHOOLS IN THE AREA. HOUSING: CHAPIN REQUIRES ITS HEAD OF SCHOOL TO USE A SCHOOL OWNED RESIDENCE TO CONDUCT SCHOOL RELATED BUSINESS AND TO HOST FREQUENT SCHOOL RELATED ACTIVITIES FOR THE CONVENIENCE OF THE SCHOOL. PART I, LINE 4B THE SCHOOL MAINTAINS A DEFERRED COMPENSATION PLAN FOR ITS HEAD OF SCHOOL. DURING CALENDAR YEAR 2025, THE SCHOOL CONTRIBUTED $75,000 TO THIS PLAN. A NEW YORK CITY INDUSTRIAL DEVELOPMENT AGENCY 132906040 12008ELX2 2016-08-24 25000000 CIVIC FACILITY REVENUE BONDS SERIES 0 0 0 B NEW YORK CITY INDUSTRIAL DEVELOPMENT AGENCY 132906040 12008ELY0 2016-08-24 25000000 CIVIC FACILITY REVENUE BONDS SERIES 0 0 0 C NEW YORK CITY INDUSTRIAL DEVELOPMENT AGENCY 132906040 12008ENM4 2017-12-20 25000000 CIVIC FACILITY REVENUE BONDS SERIES 0 0 0 A 25000000 2250698 196838 22552464 2017 1 0 1 1 B 25000000 2250698 196838 22552464 2017 0 0 1 1 C 25000000 2250698 601868 22147434 2018 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 0 0 0 0 0 0 1 B 0 0 0 0 0 0 0 0 1 C 0 0 0 0 0 0 0 0 1 A 1 B 1 C 1 X 5000 453974 COMPARABLE SALES 0 1 1 PART I, COLUMN (B): THE NUMBER DISCLOSED IN COLUMN B REPRESENTS THE NUMBER OF STOCKS/SHARES. TOTAL NUMBER OF SHARES = 5,000 OF VALUE $453,974 PART I, LINE 32B: THE SCHOOL USES CHARLES SCHWAB TO SELL DONATED SECURITIES. FORM 990, PART VI, SECTION B, LINE 11B REVIEW OF FORM 990: THE AUDIT COMMITTEE OF THE BOARD CONFERS WITH THE CHIEF FINANCIAL OFFICER TO REVIEW THE FORM 990 AND ITS REQUIRED ATTACHMENTS AND SCHEDULES. A THOROUGH REVIEW OF ALL FINANCIAL AND NARRATIVE INFORMATION IS UNDERTAKEN TO MAKE SURE ALL REPORTS AND SCHEDULES REFLECT THE ACTUAL OPERATING RESULTS OF THE SCHOOL FOR THE MOST RECENTLY COMPLETED FISCAL YEAR. A FINAL DRAFT COPY OF THE FORM 990 IS PROVIDED TO THE FULL BOARD PRIOR TO ITS FILING. AFTER REVIEW, THE CHIEF FINANCIAL OFFICER FILES THE COMPLETED RETURN WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST POLICY: TRUSTEES AND PROFESSIONAL STAFF ARE REQUIRED TO ATTEST ANNUALLY TO THEIR FAMILIARITY WITH THE SCHOOL'S POLICIES AND PROVIDE INFORMATION CONCERNING ANY POSSIBLE CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION: THE COMPENSATION COMMITTEE OF THE TRUSTEES DETERMINES THE ANNUAL INCREASE FOR THE HEAD OF THE SCHOOL. THE HEAD OF THE SCHOOL DETERMINES SALARIES FOR OTHER EMPLOYEES. SALARIES ARE DETERMINED BASED ON PUBLISHED COMPARABLE SALARY INFORMATION FOR SIMILAR SCHOOLS IN THE AREA. FORM 990, PART VI, SECTION C, LINE 18 PUBLIC INSPECTION: THE SCHOOL MAKES ITS FORM 990, CHAR500, AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST, OR THOSE SAME FORMS MAY BE OBTAINED THROUGH WWW.CHARITIESNYS.COM AND WWW.GUIDESTAR.ORG. THE GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE DISTRIBUTED INTERNALLY AND ARE NOT MADE AVAILABLE TO THE PUBLIC. FORM 990, PART VI, SECTION C, LINE 19 PUBLIC INSPECTION: THE SCHOOL MAKES ITS FORM 990, CHAR500, AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST, OR THOSE SAME FORMS MAY BE OBTAINED THROUGH WWW.CHARITIESNYS.COM AND WWW.GUIDESTAR.ORG. THE GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE DISTRIBUTED INTERNALLY AND ARE NOT MADE AVAILABLE TO THE PUBLIC. FORM 990, PART XI, LINE 9: BAD DEBT EXPENSE OF -55,925.