2025-05-10T15:34:30-05:00 2024-06-30 410746749 CLIFTONLARSONALLEN 29 SOUTH MAIN STREET 4TH FLOOR WEST HARTFORD CT 06107 990 2023-07-01 210634503 THE LAWRENCEVILLE SCHOOL LAWR 6098952157 2500 MAIN STREET LAWRENCEVILLE NJ 08648 BENJAMIN C HAMMOND CFAO/SECRETARY/TREASURER 6098952157 2025-05-09 1 0 JOHN TOSCANO P00358542 8605614000 2025-05-06 2023 2025-03-06 01:10:19Z STEPHEN S MURRAY 2500 MAIN STREET LAWRENCEVILLE NJ 08648 199377432 0 X WWW.LAWRENCEVILLE.ORG/ X 1810 NJ THE LAWRENCEVILLE SCHOOL AIMS TO CHALLENGE A DIVERSE COMMUNITY OF PROMISING YOUNG PEOPLE TO LEAD LIVES OF LEARNING, INTEGRITY, AND HIGH PURPOSE. 28 27 674 259 615609 0 33100313 23470252 58628110 60959822 7198493 16265018 1431710 1706750 100358626 102401842 17356117 16684675 0 0 41471612 50336343 23334 23286 7586543 50573323 46228993 109424386 113273297 -9065760 -10871455 1072643309 1141223432 118971156 115371788 953672153 1025851644 X THROUGH HOUSE AND HARKNESS, THE LAWRENCEVILLE SCHOOL CHALLENGES A DIVERSE COMMUNITY OF PROMISING YOUNG PEOPLE TO LEAD LIVES OF LEARNING, INTEGRITY, AND HIGH PURPOSE. OUR MISSION IS TO INSPIRE THE BEST IN EACH TO SEEK THE BEST FOR ALL. 0 0 84441895 16684675 61069640 STUDENT SERVICES: IN 1936, EDUCATIONAL PHILANTHROPIST EDWARD S. HARKNESS HELPED LAWRENCEVILLE RECONFIGURE THE SCHOOL'S CLASSROOMS AROUND OVAL 'HARKNESS' TABLES THAT REPLACED LECTURE AND MEMORIZATION WITH SHARED INQUIRY AND DISCOVERY. BY CONNECTING THE RIGOROUS INTELLECTUAL CULTURE AROUND THE HARKNESS TABLE TO OUTSTANDING EXPERIENTIAL AND EXTRACURRICULAR OPPORTUNITIES SPANNING ACADEMIC, ATHLETIC, ARTISTIC, CULTURAL, SCIENTIFIC, SERVICE, AND SOCIAL ENDEAVORS, LAWRENCEVILLE DEEPENS UNDERSTANDING, REINFORCES SELF-CONFIDENCE, SPAWNS CREATIVITY, AND FOSTERS INITIATIVE AND LEADERSHIP. WE EMPOWER STUDENTS TO LEARN AND THINK FOR THEMSELVES, AND TO SUBJECT PRELIMINARY UNDERSTANDING TO CRITICAL REVIEW. LAWRENCEVILLE ENCOURAGES STUDENTS TO PUT IN THE WORK, PURSUE THEIR PASSIONS, AND DEVELOP THEIR TALENTS, INSPIRING THE BEST IN EACH TO SEEK THE BEST FOR ALL. 84441895 1 1 0 0 0 0 0 1 0 1 1 1 0 0 1 1 1 0 1 0 1 0 0 1 0 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 143 0 1 674 1 1 1 0 0 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 AK CO KY MA MD MI NH OH OK OR SC WA X JOYE NAGLE 6098952157 2500 MAIN STREET LAWRENCEVILLE NJ 08648 MURRAY STEPHEN S HEAD OF SCHOOL/ASST. SECRETARY 40.00 X X 770914 0 334483 WEISS JONATHAN G PRESIDENT 2.00 X X 0 0 0 MELLET CELESTE M VICE-PRESIDENT 2.00 X X 0 0 0 BRASWELL PORTER TRUSTEE 2.00 X 0 0 0 BRODY HYMAN J TRUSTEE 2.00 X 0 0 0 CAHILL VINCENT J TRUSTEE 2.00 X 0 0 0 CLIFFORD MICHAEL P TRUSTEE 2.00 X 0 0 0 FANG JEAN S TRUSTEE 2.00 X 0 0 0 FERGUSON JANE TRUSTEE 2.00 X 0 0 0 FRUMKIN JOSEPH TRUSTEE 2.00 X 0 0 0 GAW GOODWIN TRUSTEE 2.00 X 0 0 0 GRISWOLD BENJAMIN TRUSTEE 2.00 X 0 0 0 KIRBY JEFFERSON TRUSTEE 2.00 X 0 0 0 MABRY MARCUS B TRUSTEE 2.00 X 0 0 0 MOORE KATHERINE A TRUSTEE 2.00 X 0 0 0 PUJADAS JUAN TRUSTEE 2.00 X 0 0 0 ROBBINS WILLIAM TRUSTEE 2.00 X 0 0 0 SCHANKLER CORRENTE TRUSTEE 2.00 X 0 0 0 SHAW LEUCRETIA BROWN TRUSTEE 2.00 X 0 0 0 TAPIERO DANIEL M TRUSTEE 2.00 X 0 0 0 TATUM LISA SKEETE TRUSTEE 2.00 X 0 0 0 TSAI JOSEPH C TRUSTEE 2.00 X 0 0 0 VISWANATHAN MEERA S PHD TRUSTEE 2.00 X 0 0 0 VOLPP KEVIN DR PHD TRUSTEE 2.00 X 0 0 0 VORIS ALEXANDRA BUCKLEY TRUSTEE 2.00 X 0 0 0 WALDRON JOHN E TRUSTEE 2.00 X 0 0 0 WILKINSON ELIZABETH G TRUSTEE 2.00 X 0 0 0 ZOCHOWSKI T ROBERT JR TRUSTEE 2.00 X 0 0 0 HAMMOND BENJAMIN C CFAO/SECRETARY/TREASURER 40.00 X 603676 0 274658 BARNES MARY KATE DIRECTOR OF ADVANCMENT 40.00 X 645142 0 149768 DEVINE PETER CHIEF OPERATING OFFICER 40.00 X 522272 0 184657 ISAACSON MARCIA GENERAL COUNSEL/DIR. OF RM/ASST. SECRETARY 40.00 X 290025 0 45735 BEAVER SKYLAR DIRECTOR OF DEVELOPMENT 40.00 X 255370 0 61171 CARTER GREGORY DIRECTOR OF PRINCIPAL AND LEADERSHIP GIFTS 40.00 X 230298 0 59491 GORE JOHN SENIOR PHILANTHROPIC ADVISER 40.00 X 254812 0 43249 BUCKLES GREGORY B DEAN OF ENROLLMENT MANAGEMENT 40.00 X 234616 0 129398 3807125 0 1282610 68 0 1 0 THE ALBERT M HIGLEY CO LLC 3636 EUCLID AVE CLEVELAND OH 441152533 CONSTRUCTION 29379043 VJ SCOZZARI & SONS INC 84 ROUTE 31 NORTH SUITE 201 PENNINGTON NJ 085343615 CONSTRUCTION 7503595 SUSTAINABLE FARE PO BOX 543 ISLAND HEIGHTS NJ 08732 FOOD SERVICES 5330770 JOHN KOCHIS LANDSCAPING 7 CHEROKEE DRIVE PENNINGTON NJ 08534 CONSTRUCTION 1515797 SASAKI ASSOCIATES INC ACCOUNTING DEPARTMENT110 CHAUNCY ST BOSTON MA 02111 CONSTRUCTION AND DESIGN 1508523 55 23470252 574231 23470252 TUITION AND FEES 611110 59346033 59346033 AUXILIARY PROGRAM 611110 1613789 1613789 60959822 5140836 -1237076 6377912 174122 9478 164644 164644 164644 107829174 96526591 178401 11302583 -178401 11124182 943834 10180348 370938 261120 109818 109818 SUMMER CAMP PROGRAMS 713940 560078 560078 ICE RINK 713940 348773 348773 523437 523437 1432288 102401842 61069640 615609 17246341 106000 106000 16578675 16578675 2336398 51904 1546980 737514 32464760 24065931 5120081 3278748 3597618 2771909 447748 377961 9445782 7043197 1438397 964188 2491785 1746699 453912 291174 303830 299547 4283 204493 204493 23286 23286 5395037 5395037 3250720 2318946 887738 44036 187106 20111 3888 163107 2966040 1690130 1071426 204484 1998797 74280 1655631 268886 3949409 2973953 926853 48603 2109869 1779518 131200 199151 78152 48980 22750 6422 2094510 1980988 88101 25421 13274483 12555011 558362 161110 1312424 1241291 55204 15929 FOOD SERVICE 3863040 3863040 NON-CAPITALIZED REPAIRS 1950824 1845090 82057 23677 MISCELLANEOUS 1510743 806427 573976 130340 EVENTS 984680 346024 94670 543986 794836 533791 186808 74237 113273297 84441895 21244859 7586543 14623430 3389733 28584388 32959756 49690848 29467305 2233037 1641314 132798 2900291 2872541 96260 127639 821125 1204253 532193545 193231969 308706083 338961576 169536102 218495256 495144028 511358433 174919 745626 1072643309 1141223432 27348026 20491114 15119360 16596344 41870300 41656809 779572 596538 33853898 36030983 118971156 115371788 X 365219971 414860284 588452182 610991360 953672153 1025851644 1072643309 1141223432 X -10871455 85397669 -2346723 X X 0 1 X 1 0 X 75926880 44970407 24418782 33100313 23470252 201886634 75926880 44970407 24418782 33100313 23470252 201886634 58737373 143149261 4360226 3616843 2050528 4196700 6552034 20776331 1457819 644360 1586173 52784 615609 4356745 276307 501593 558540 523437 1859877 228879587 283843912 0.62540 0.67490 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2020 AMOUNT: $ 276,307. 2021 AMOUNT: $ 501,593. 2022 AMOUNT: $ 558,540. 2023 AMOUNT: $ 523,437. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X 0 660727477 18044944 93630575 8138628 27812161 736452207 617753411 37640215 33333042 7353881 20645310 660727477 680569360 14869211 -57150440 6990129 13544591 617753411 497998599 13226950 189985196 6915638 13725747 680569360 500296563 7687157 12146340 6658988 15472473 497998599 0.22090 0.76120 0.01790 0 0 30304428 30304428 443442595 158596743 284845852 50991058 25734341 25256717 7455464 8900885 -1445421 338961576 HEDGE FUNDS 172056029 F LIMITED PARTNERSHIPS 327462246 F GLOBAL EX US EQUITY 11840158 F 511358433 LONG TERM DEBT 29565000 ARO LIABILITY 966116 LIABILITIES UNDER SPLIT INTEREST AGREEMENTS 5499867 36030983 X 162685474 85397669 -19989598 65408071 97277403 5395037 -270598 5124439 102401842 90505983 270598 270598 90235385 5395037 17642875 23037912 113273297 PART III, LINE 1A: THE SCHOOL DOES NOT RECOGNIZE OR CAPITALIZE WORKS OF ART, HISTORICAL TREASURES AND SIMILAR ASSETS HELD IN OUR COLLECTION. THEY ARE HELD FOR EDUCATION, RESEARCH OR EXHIBITION PURPOSES RATHER THAN FOR SALE OR FINANCIAL GAIN. PART III, LINE 4: THE FOCUS OF LAWRENCEVILLE'S COLLECTION IS TO INTEGRATE ART INTO THE LIVES OF PEOPLE, INSPIRING INDIVIDUAL REFLECTION, COMMUNITY DIALOGUE, AND HISTORICAL AND CULTURAL AWARENESS. WE BELIEVE IN THE POWER OF ART TO STIMULATE CREATIVE THINKING, AESTHETIC APPRECIATION, AND ENJOYMENT. LAWRENCEVILLE'S COLLECTION OF ART IS BROKEN DOWN INTO THREE CATEGORIES: PERMANENT COLLECTION (ART THAT HAS BEEN CAREFULLY REVIEWED TO BE INCLUDED IN THE PERMANENT COLLECTION, HOWEVER IT HAS A VALUE AS DECORATIVE ART OR FOR TEACHING PURPOSES); LAWRENCEVILLE COLLECTION (WORK BY ALUMNI, THAT MAY OR MAY NOT BE PART OF THE PERMANENT COLLECTION AS WELL); ROTATING EXHIBITS. THE EXHIBITIONS AND PROGRAMS OF THE GALLERIES, WHICH INCLUDE AN ADDITIONAL SIX EXHIBITS OF WORK NOT PART OF THE SCHOOL'S COLLECTIONS, ARE INTENDED TO INSPIRE AND CHALLENGE THE SCHOOL COMMUNITY WHILE OFFERING A RESOURCE FOR TEACHING IN ALL DISCIPLINES. PART V, LINE 4: THE SCHOOL'S ENDOWMENT CONSISTS OF 823 FUNDS AS OF JUNE 30, 2024 THAT HAVE BEEN ESTABLISHED BY DONORS AND THE SCHOOL TO SUPPORT SCHOLARSHIP AID, FACULTY COMPENSATION, BUILDING MAINTENANCE AND OTHER GENERAL OPERATIONS. PART X, LINE 2: THE SCHOOL ACCOUNTS FOR INCOME TAX PROVISIONS INCLUDED IN ASC 740, WHICH PRESCRIBES DETAILED GUIDANCE FOR FINANCIAL STATEMENT RECOGNITION, MEASUREMENT, AND DISCLOSURE OF UNCERTAIN TAX POSITIONS RECOGNIZED IN THE FINANCIAL STATEMENTS. TAX POSITIONS MUST MEET A MORE-LIKELY-THAN-NOT RECOGNITION THRESHOLD TO BE RECOGNIZED. THE SCHOOL MONITORS AND ASSESSES ITS TAX POSITIONS THROUGHOUT THE YEAR AND BELIEVES THERE ARE NO UNCERTAIN TAX POSITIONS AT JUNE 30, 2024. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS -2,346,723. FINANCIAL AID AND TUITION REMISSION -17,642,875. PART XI, LINE 4B - OTHER ADJUSTMENTS: RENTAL EXPENSES -9,478. COST OF GOODS SOLD -261,120. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 9,478. COST OF GOODS SOLD 261,120. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID AND TUITION REMISSION 17,642,875. 1 1 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 LAWRENCEVILLE'S RACIALLY NONDISCRIMINATORY POLICY IS PROVIDED TO ALL CANDIDATES UPON APPLYING TO LAWRENCEVILLE AND TO GUIDANCE COUNSELORS OF SCHOOLS THROUGHOUT THE COUNTRY AND WORLDWIDE BY MEANS OF THE SCHOOL'S APPLICATION FORM AND WEBSITE. LAWRENCEVILLE MEETS THE REQUIREMENTS OF SECTIONS 4.01 THROUGH 4.05 OF REV. PROC 75-50, COVERING RACIAL NONDISCRIMINATION, BECAUSE IT DRAWS A MEANINGFUL NUMBER OF ITS STUDENTS FROM AROUND THE U.S. AND WORLD AND, AS CONFIRMED BY A RESOLUTION OF THE BOARD OF TRUSTEES, FOLLOWS A RACIALLY NONDISCRIMINATORY POLICY AS TO APPLICANTS AND STUDENTS. CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENTS 196407145 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 INVESTMENTS 10170204 0 0 0 0 0 0 206577349 0 206577349 1 0 0 1 1 0 PART I, LINE 3: INVESTMENTS INCLUDED IN THIS SECTION RELATE TO INVESTMENT HOLDINGS INCLUDED IN THE SCHOOL'S ENDOWMENT PORTFOLIO. X X X X X X 1 RONALD JOYCE - FUNDRAISING CONSULTANT 309 OAKWOOD DR YARMOUTH ME 04096 CAMPAIGN CONSULTING 0 0 23286 0 23286 AL AR AK CA CO CT FL GA HI IL KS KY LA ME MD MA MI MN MS MO NH NJ NM NY NC ND OH OK OR PA RI SC TN UT VA WA WV WI 1 LAWRENCE TOWNSHIP EDUCATION FOUNDATION PO BOX 6531 LAWRENCEVILLE NJ 08648 223192024 501(C)(3) 81000 0 CHARITABLE GRANT LAWRENCE TOWNSHIP COMMUNITY FOUNDATION PO BOX 6707 LAWRENCEVILLE NJ 08648 223835387 501(C)(3) 20000 0 CHARITABLE GRANT 3 0 SCHOLARSHIP AID 275 16578675 FMV CREDIT TO STUDENT ACCOUNTS PART I, LINE 2: THE LAWRENCEVILLE SCHOOL UTILIZES A SERVICE CALLED CLARITY TO PROCESS SCHOLARSHIP AID APPLICATIONS. PARENTS OF STUDENTS COMPLETE THE PARENTS' FINANCIAL AID STATEMENT (PFS) FORM AND SUBMIT IT TO CLARITY ALONG WITH THE REQUIRED COPIES OF TAX RETURNS AND PROOF OF INCOME. CLARITY PREPARES A NEED ANALYSIS REPORT WHICH SUGGESTS THE AMOUNT FAMILIES CAN CONTRIBUTE TOWARD EDUCATIONAL COSTS SINCE NOT ALL FAMILIES' FINANCIAL SITUATIONS ARE EQUAL. X X 1 1 X X X X 1 1 0 0 0 0 0 1 0 MURRAY STEPHEN S HEAD OF SCHOOL/ASST. SECRETARY 746994 0 10000 0 13920 0 201250 0 133233 0 1105397 0 0 0 HAMMOND BENJAMIN C CFAO/SECRETARY/TREASURER 349540 0 0 0 254136 0 91250 0 183408 0 878334 0 250000 0 BARNES MARY KATE DIRECTOR OF ADVANCMENT 376342 0 0 0 268800 0 91250 0 58518 0 794910 0 250000 0 DEVINE PETER CHIEF OPERATING OFFICER 248960 0 0 0 273312 0 82221 0 102436 0 706929 0 250000 0 BUCKLES GREGORY B DEAN OF ENROLLMENT MANAGEMENT 234616 0 0 0 0 0 79327 0 50071 0 364014 0 0 0 ISAACSON MARCIA GENERAL COUNSEL/DIR. OF RM/ASST. SEC 219067 0 50000 0 20958 0 29120 0 16615 0 335760 0 0 0 BEAVER SKYLAR DIRECTOR OF DEVELOPMENT 202990 0 0 0 52380 0 45769 0 15402 0 316541 0 50000 0 GORE JOHN SENIOR PHILANTHROPIC ADVISER 166741 0 0 0 88071 0 20263 0 22986 0 298061 0 0 0 CARTER GREGORY DIRECTOR OF PRINCIPAL AND LEADERSHIP 116394 0 0 0 113904 0 34769 0 24722 0 289789 0 100000 0 PART I, LINE 1A OCCUPANCY OF CAMPUS HOUSING IS REQUIRED FOR CERTAIN EMPLOYEES AS A CONDITION OF EMPLOYEMENT. SINCE THIS CONDITION IS FOR THE SCHOOL'S BENEFIT, IT IS TREATED AS A NON-TAXABLE BENEFIT TO THE EMPLOYEE, PER SECTION P.L. 115-97 OF THE IRS CODE. THE HEAD OF SCHOOL'S RESIDENCE ALSO SERVES AS A LOCATION TO HOST MANY SCHOOL EVENTS. THE VALUE OF CAMPUS HOUSING IS INCLUDED AS NOTAXABLE BENEFITS IN PART II, COLUMN (D) FOR THE FOLLOWING LISTED INDIVIDUALS: STEPHEN S. MURRAY, PETER DEVINE, MARY KATE BARNES, BENJAMIN C. HAMMOND, AND GREGORY BUCKLES. THE SCHOOL ALSO PAYS FOR CERTAIN TAX AND FINANCE SERVICES FOR AND PROVIDES AN AUTOMOBILE TO THE HEAD OF SCHOOL. THE VALUE OF THESE AMOUNTS IS INCLUDED AS OTHER REPORTABLE COMPENSATION ON PART II, COLUMN (B)(III). PART I, LINES 4A-B JOHN GORE RECEIVED A PAYMENT IN ACCORDANCE WITH A SIGNED AGREEMENT AT SEPARATION FROM THE SCHOOL. THIS AMOUNT IS REPORTED AS OTHER REPORTABLE COMPENSATION ON PART II, COLUMN (B)(III). THE FOLLOWING AMOUNTS WERE ACCRUED FOR THE PARTICIPANTS IN THE 457(F) DEFERRED COMPENSATION PLAN DURING CALENDAR YEAR 2023 AND INCLUDED IN SCHEDULE J, PART II, COLUMN C: STEPHEN S. MURRAY: $160,000 BENJAMIN C. HAMMOND: $50,000 MARY KATE BARNES: $50,000 GREGORY BUCKLES: $50,000 PETER DEVINE: $50,000 MARQUIS SCOTT: $50,000 EMILIE KOSOFF: $75,000 GREGORY CARTER: $20,000 SKYLAR BEAVER: $20,000 CERTAIN OF THESE INDIVIDUALS HAD AMOUNTS THAT VESTED DURING 2023. VESTED AMOUNTS ARE INCLUDED SCHEDULE J, PART II, COLUMNS (B)(III) AND COLUMN F. PART I, LINE 7 BONUSES ARE PAID TO INDIVIDUALS BASED ON PERFORMANCE METRICS AND ARE APPROVED BY THE EXECUTIVE COMPENSATION SUBCOMMITTEE OF THE BOARD AND REPORTED TO THE FULL BOARD. BONUS AMOUNTS ARE INCLUDED IN PART II, COLUMN B. A NATIONAL FINANCE AUTHORITY (NEW HAMPSHIRE) 521304598 63607YAU4 2021-08-02 42915230 CONSTRUCT BUILDING AND STRUCTURES 0 0 0 A 42915230 376507 42501046 37678 0 0 0 1 A 0 0 1 1 0 0 0 1 A 0 1 0 0 0 0 0 0 1 A 1 X 83 574231 FMV 0 0 1 0 PART I, COLUMN (B): AMOUNTS IN COLUMN B REPRESENT THE NUMBER OF ITEMS CONTRIBUTED. FORM 990, PART VI, SECTION A, LINE 1A THE EXECUTIVE COMMITTEE SHALL ACT FOR THE BOARD BETWEEN BOARD MEETINGS. ALL MEMBERS OF THE EXECUTIVE COMMITTEE MUST BE CURRENT TRUSTEES. AT THE NEXT MEETING OF THE BOARD FOLLOWING ANY MEETING OF THE EXECUTIVE COMMITTEE, THE EXECUTIVE COMMITTEE SHALL REPORT ON ACTIONS TAKEN ON BEHALF OF THE BOARD SINCE THE DATE OF THE LAST SUCH REPORT. THE EXECUTIVE COMMITTEE SHALL HAVE ALL AUTHORITY OF THE BOARD EXCEPT AS TO THE FOLLOWING MATTERS: (1) MAKING, ALTERING, OR REPEALING ANY BYLAW OF THE SCHOOL; (2) ELECTING OR APPOINTING ANY TRUSTEE, OR REMOVING ANY OFFICER OR TRUSTEE; (3) AMENDING OR REPEALING ANY RESOLUTION PREVIOUSLY ADOPTED BY THE BOARD; OR (4) REMOVING ANY EMPLOYEE OF THE SCHOOL. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS PREPARED BY THE SCHOOL'S INDEPENDENT ACCOUNTING FIRM BASED UPON INFORMATION PROVIDED BY THE SCHOOL. THE DRAFT FORM 990 IS THEN REVIEWED BY THE SCHOOL'S FINANCE DEPARTMENT AND ANY RESULTING CHANGES ARE MADE TO THE DRAFT RETURN. THE DRAFT RETURN IS THEN PROVIDED TO THE AUDIT COMMITTEE OF THE BOARD OF TRUSTEES, WHICH HAS BEEN DELEGATED RESPONSIBILITY BY THE FULL BOARD FOR REVIEW OF THE RETURN. THE AUDIT COMMITTEE THEN REPORTS TO THE FULL BOARD AND A PUBLIC INSPECTION COPY OF THE FINAL FORM 990 IS PROVIDED TO EACH VOTING MEMBER OF THE SCHOOL'S GOVERNING BODY, ITS BOARD OF TRUSTEES, PRIOR TO FILING THE COMPLETE COPY WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C THE SCHOOL HAS A WRITTEN CONFLICT OF INTEREST POLICY COVERING ALL TRUSTEES, OFFICERS, AND KEY EMPLOYEES. THIS POLICY REQUIRES DISCLOSURE OF ANY MATERIAL CONFLICTS AND PROHIBITS THE AFFECTED INDIVIDUAL FROM PARTICIPATING IN DISCUSSIONS OR DECISIONS ON ANY MATTER IN WHICH THAT PERSON HAS A CONFLICT. ALL TRUSTEES, OFFICERS, AND KEY EMPLOYEES WITH SIGNING AUTHORITY ARE REQUIRED TO CERTIFY COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY ON AN ANNUAL BASIS AND DISCLOSE WHETHER THE SCHOOL DOES BUSINESS WITH AN ENTITY IN WHICH THE INDIVIDUAL HAS A MATERIAL FINANCIAL INTEREST. FORM 990, PART VI, SECTION B, LINE 15 THE LAWRENCEVILLE SCHOOL CONDUCTS AN ANNUAL REVIEW TO DETERMINE THE GOING FAIR MARKET COMPENSATION RANGES FOR COMPARABLE POSITIONS AT SIMILARLY SITUATED ORGANIZATIONS, BY REFERENCE TO COMPENSATION SURVEYS AND OTHER ORGANIZATIONS' FORM 990. THIS IS REVIEWED AND APPROVED BY THE COMPENSATION SUBCOMMITTEE OF THE BOARD OF TRUSTEES. THE PROCESS DESCRIBED HERE WAS LAST COMPLETED IN 2023. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION DOES NOT CURRENTLY MAKE ITS GOVERNING DOCUMENTS OR CONFLICT OF INTEREST POLICY AVAILABLE TO THE PUBLIC. FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS -2,346,723. FORM 990, PART XII, LINE 2C THE ORGANIZATION DID NOT CHANGE ITS OVERSIGHT OR SELECTION PROCESSES DURING THE TAX YEAR.