2021-05-04T15:05:26-05:00 2020-06-30 410746749 CLIFTONLARSONALLEN LLP TWO INTERNATIONAL PLACE 22ND FLOOR BOSTON MA 02110 990 2019-07-01 042109865 NORTHFIELD MOUNT HERMON SCHOOL NORT 4134983000 ONE LAMPLIGHTER WAY MOUNT HERMON MA 01354 MARY MCENEANY ASST HEAD OF SCHOOL FIN/COO 4134983663 2021-05-04 1 LAURA J KENNEY P00202198 6177170831 2021-05-04 2019 2022-09-23 18:48:47Z BRIAN HARGROVE ONE LAMPLIGHTER WAY MOUNT HERMON MA 01354 96589200 0 X WWW.NMHSCHOOL.ORG X 1879 MA NORTHFIELD MOUNT HERMON PROVIDES SECONDARY SCHOOL EDUCATION, ENGAGING THE INTELLECT, COMPASSION, AND TALENTS OF OUR STUDENTS, EMPOWERING THEM TO ACT WITH HUMANITY AND PURPOSE. 18 18 631 167 274696 0 13493048 12726291 42887633 42439815 7540784 7849461 960339 1508735 64881804 64524302 8110560 8003783 0 0 28407715 28614040 124702 27041 3042641 20977166 21117491 57620143 57762355 7261661 6761947 284770841 279135089 102246908 108023157 182523933 171111932 X NORTHFIELD MOUNT HERMON PROVIDES SECONDARY SCHOOL EDUCATION, ENGAGING THE INTELLECT, COMPASSION, AND TALENTS OF OUR STUDENTS, EMPOWERING THEM TO ACT WITH HUMANITY AND PURPOSE. 0 0 32687480 7588364 40953233 NORTHFIELD MOUNT HERMON SCHOOL (NMH) GIVES YOUNG PEOPLE AN EXCEPTIONAL ACADEMIC EXPERIENCE TAUGHT BY EXPERT, CARING FACULTY. NMH IS A SECULAR COED BOARDING AND DAY SCHOOL FOR 646 STUDENTS IN GRADES NINE THROUGH TWELVE AND POST GRADUATE. OUR BEAUTIFUL WOODED CAMPUS BORDERS THE CONNECTICUT RIVER IN WESTERN MASSACHUSETTS' PIONEER VALLEY. HERE, WE CHALLENGE STUDENTS TO THINK CRITICALLY AND TO CHANNEL THEIR TALENTS TO DO GOOD IN THE WORLD, INSPIRING IN THEM A SENSE OF PURPOSE AT NMH, A CONSTELLATION OF ADULTS INTERACT WITH AND SUPPORT STUDENTS THROUGHOUT THE DAY. CLASSES ARE SMALL AND EXTENDED TO ALLOW STUDENTS TO EXPLORE EACH SUBJECT IN DEPTH. STUDENTS TAKE THREE MAJOR COURSES EACH SEMESTER FOR A TOTAL OF SIX CHALLENGING COLLEGE-PREPARATORY COURSES PER YEAR. THE SCHOOL OFFERS AN EXTENSIVE CHOICE OF SPORTS TEAMS, PERFORMING ARTS GROUPS, CLUBS AND STUDY-ABROAD OPTIONS. AN ESTIMATED 150 STUDENTS VOLUNTEER EACH TERM IN SERVICE ACTIVITIES. STUDENTS ALSO HELP RUN OUR WORKING FARM, AND PROVIDE SUPPORT FOR GRADUATIONAL CREDIT IN MULTIPLE DEPARTMENTS, INCLUDING FOOD SERVICES AND PLANT FACILITIES. 1357699 415419 1874434 NORTHFIELD MOUNT HERMON SCHOOL (NMH) SUMMER SESSION OFFERS PROGRAMS FOR STUDENTS WISHING TO ENRICH, SUPPLEMENT, OR ACCELERATE THEIR SCHOOL-YEAR EDUCATION. WE HAVE AN EXTENSIVE, COMPREHENSIVE PROGRAM THAT HAS EXISTED IN VARIOUS FORMS FOR MORE THAN 100 YEARS. EACH SUMMER, WE GATHER AS A COMMUNITY TO ENGAGE IN ACADEMIC WORK AND TO LEARN FROM EACH OTHER IN MANY DIFFERENT WAYS. OUR STUDENT POPULATION IS DIVERSE AND WORLDLY -- IN THE SUMMER OF 2019, 17 DIFFERENT COUNTRIES AND 20 STATES WITHIN THE U.S. WERE REPRESENTED. OUR TALENTED FACULTY IS ASSISTED BY 29 TEACHING INTERNS TO PROVIDE AN OUTSTANDING EXPERIENCE FOR OUR STUDENTS. OUR GOAL, THROUGH ALL ASPECTS OF OUR COMPREHENSIVE PROGRAM, IS TO PROVIDE A VALUABLE, LIFE-CHANGING EXPERIENCE FOR EACH STUDENT WHO JOINS US. FOR MANY STUDENTS, NMH SUMMER SESSION PROVIDES THEIR FIRST TASTE OF A RIGOROUS ACADEMIC EXPERIENCE AND CHALLENGES THEM TO A NEW LEVEL. OTHER STUDENTS COME FROM STRONG SCHOOLS AND USE THEIR SUMMER HERE AS AN OPPORTUNITY TO FURTHER BUILD ACADEMIC SKILLS, ADVANCE IN THEIR COURSEWORK AND PREPARE FOR COLLEGE. 34045179 1 1 0 0 0 0 0 0 1 1 1 1 0 0 1 0 0 1 1 1 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 1 1 1 0 0 1 166 0 1 631 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 18 18 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 MA X MARY MCENEANY ASSISTANT HEAD OF SCHOOL FOR FINCOO 4134983663 ONE LAMPLIGHTER WAY MOUNT HERMON MA 01354 CHARLES TIERNEY ASST. HEAD OF SCHOOL 50.00 X 283488 0 64881 BRIAN HARGROVE HEAD OF SCHOOL 50.00 X 191458 0 88878 ALLYSON GOODWIN CHIEF ADVANCEMENT OFFICER 50.00 X 228843 0 49461 SARA ROURKE DIRECTOR OF MEDICINE 50.00 X 180013 0 81789 CLAUDE ANDERSON DEAN OF ENROLLMENT 50.00 X 171908 0 40199 RICHARD COUTURE DIRECTOR OF PLANT FACILITIES 50.00 X 178315 0 25685 LYNNE RAYMER DIRECTOR OF FINANCIAL OPERATIONS 50.00 X 164806 0 16830 VICTOR NUOVO SENIOR DIRECTOR OF ADVANCEMENT 50.00 X 124906 0 26884 BEATRIZ GARCIA DEAN OF FACULTY 50.00 X 121221 0 24546 HUGH SILBAUGH DEAN OF TEACHING & LEARNING 50.00 X 110030 0 26377 NICOLE HAGER DEAN OF STUDENTS 50.00 X 121125 0 10259 MARY MCENEANY COO/ASST HOS FOR FIN. & OPERATIONS 50.00 X 111256 0 12161 DEANNA FLETCHER ASSISTANT SECRETARY 40.00 X 58184 0 5067 ALEX LEVY TRUSTEE (UNTIL 5/20) 3.00 X 0 0 0 ALEXANDER LOTOCKI DE-VELIGOST TRUSTEE 3.00 X 0 0 0 ALISON S ELLIOT TRUSTEE 3.00 X 0 0 0 AUDREY G KUBIE TRUSTEE 3.00 X 0 0 0 CAROLINE N NIEDERMAN SECRETARY 3.00 X X 0 0 0 DAVID M STEINBERG TREASURER (UNTIL 5/20) 3.00 X X 0 0 0 DONALD G GLASCOFF VICE CHAIR 3.00 X X 0 0 0 JAY KAPLAN TRUSTEE 3.00 X 0 0 0 JUSTIN WAI TRUSTEE 3.00 X 0 0 0 LAUREN N HOKIN TRUSTEE 3.00 X 0 0 0 MARIAH CALAGIONE CHAIR OF BOARD 3.00 X X 0 0 0 MATTHEW GLASS TRUSTEE (UNTIL 5/20) 3.00 X 0 0 0 MAURICE L COLEMAN TRUSTEE (UNTIL 5/20) 3.00 X 0 0 0 MOLLY TALBOT TRUSTEE 3.00 X 0 0 0 MONIE T HARDWICK TRUSTEE 3.00 X 0 0 0 PETER F GUILD TRUSTEE 3.00 X 0 0 0 ROBERTA TAGGART TRUSTEE 3.00 X 0 0 0 RYAN R VINEYARD TRUSTEE 3.00 X 0 0 0 SHANNON WEINBERGER TRUSTEE 3.00 X 0 0 0 STEPHEN W GAUSTER TRUSTEE 3.00 X 0 0 0 SUMITA AMBASTA TRUSTEE (UNTIL 5/20) 3.00 X 0 0 0 TIFFANI R BROWN TRUSTEE 3.00 X 0 0 0 WARREN R WEBSTER III TRUSTEE (UNTIL 5/20) 3.00 X 0 0 0 2045553 0 473017 18 0 1 0 ENGELBERTH CONSTRUCTION INC 463 MOUNTAINVIEW DR COLCHESTER VT 05446 CONTRACTOR 956961 MJ MORAN INC 4 SOUTH MAIN STREET PO BOX 278 HAYDENVILLE MA 01039 CONTRACTOR 844707 E&R LAUNDRY 80 ROSS AVE MANCHESTER NH 03101 STUDENT LAUNDRY SERVICES 407636 MOWRY & SCHMIDT INC PO BOX 135 15 POWER COURT GREENFIELD MA 01301 CONTRACTOR 376079 FM KUZMESKUS INC 52 MAIN ROAD PO BOX 484 GILL MA 01354 TRANSPORTATION SERVICES 324263 20 517741 12208550 3243927 12726291 TUITION AND FEES, SCHOOL YEAR 611110 39990455 39990455 TUITION AND FEES, SUMMER 611110 1874434 1874434 NURSERY SCHOOL 900099 245789 245789 SUMMER CAMP AND CONFERENCES 611710 239016 239016 OTHER PROGRAM SERVICE REVENUE 900099 90121 90121 42439815 2055179 10750 2044429 116876 0 116876 116876 116876 37596023 239860 32035843 5758 5560180 234102 5794282 24930 5769352 89661 23297 66364 66364 MISCELLANEOUS 900099 1325495 321488 1004007 1325495 64524302 42588651 274696 8934664 8003783 8003783 1769176 1483779 285397 18464053 10759043 5984062 1720948 1356548 739407 486386 130755 5558212 3618457 1633543 306212 1466051 776945 550520 138586 183314 183314 99785 99785 27041 27041 206177 206177 3030397 122993 2813686 93718 59361 5363 53407 591 1282591 398786 784992 98813 592618 30508 516136 45974 1718067 1327826 382828 7413 360315 54968 194983 110364 60971 26287 34295 389 2508931 2508931 6269233 5600157 644518 24558 642642 642642 PROVISIONS - FOOD/FLOWE 1290833 1201242 75660 13931 PLANT MAINTENANCE 1177058 595660 559459 21939 STUDENT TRANSPORTATION 483482 294562 188920 FIELD TRIPS/STUDENT ACT 440005 353201 86804 711711 135991 559708 16012 57762355 34045179 20674535 3042641 1 20990004 18788682 6354075 5941328 4493554 4935858 6028956 53511 328739 335292 1129600 778323 165446158 89618712 75473010 75827446 93390360 110449505 76582542 62025144 284770841 279135089 1866096 3128253 11188984 10109721 64794035 64060950 174463 162889 24223330 30561344 102246908 108023157 X 53959325 50709754 128564608 120402178 182523933 171111932 284770841 279135089 X 6761947 -11498406 -6675542 X 0 1 X 1 0 X 14826918 9556898 14586443 13493048 12726291 65189598 14826918 9556898 14586443 13493048 12726291 65189598 6596289 58593309 1922788 1594446 7105554 5709792 2161305 18493885 83683483 216660063 0.70020 0.71370 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 159905687 4177832 -4293067 2764353 5114877 151911222 158461367 4355558 4316762 2585095 4642905 159905687 143064829 8857597 9525996 2343688 643367 158461367 130960914 4237864 14111995 6245944 143064829 138846465 3517790 -4935038 6468303 130960914 0.39000 0.56000 0.05000 0 0 61019 61019 135499136 67967665 67531472 23848512 20104745 3743767 6037491 1546302 4491188 75827446 TIMBER 2897400 F HEDGE FUNDS 12712237 F PRIVATE EQUITY 5951939 F INTERNATIONAL 37108990 F VENTURE CAPITAL 1999138 F INVESTMENT IN ENWC 1306913 F PRIVATE REAL ASSETS 48527 F 62025144 SWAP AGREEMENTS LIABILITY 21171413 OBLIGATION UNDER SPLIT INTEREST AGREEMENTS 1807144 ASSET RETIREMENT OBLIGATION 7582787 30561344 37130613 -11498406 -7685323 -19183729 56314342 206177 8003783 8209960 64524302 48609579 293582 293582 48315997 206177 9240181 9446358 57762355 PART IV, LINE 2B: NORTHFIELD MOUNT HERMON SCHOOL MAINTAINS AGENCY ACCOUNTS AND ACTS AS A FISCAL AGENT FOR THE FUNDS. THESE AGENCY ACCOUNTS ARE MAINTAINED TO SUPPORT STUDENT INTRAMURAL SPORT CLUBS, COMMUNITY OUTREACH INITIATIVES, MUSICAL GROUPS AND OTHER EXTRACURRICULAR ACTIVITIES. PART V, LINE 4: NORTHFIELD MOUNT HERMON SCHOOL'S ENDOWED FUNDS ARE INVESTED IN PERPETUITY AND THE INCOME IS USED TO FUND ITS PROGRAMS. THE FUNDS ARE INVESTED FOR LONG TERM GROWTH SO THAT CURRENT AND FUTURE GENERATIONS OF STUDENTS WILL RECEIVE BENEFIT FROM THE FUNDS. PART XI, LINE 2D - OTHER ADJUSTMENTS: ENWC REVENUE 226,617. CHANGE IN VALUE OF SWAP AGREEMENTS -6,675,542. REALIZED LOSS ON SWAP AGREEMENTS -1,236,398. PART XI, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 8,003,783. PART XII, LINE 2D - OTHER ADJUSTMENTS: ENWC EXPENSES 293,582. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 8,003,783. REALIZED LOSS ON SWAP AGREEMENTS 1,236,398. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 NOTICE OF NONDISCRIMINATION POLICY IS PUBLICLY ACCESSIBLE ON THE SCHOOL'S WEBSITE HOMEPAGE. SCHEDULE E, PART I, LINE 6 UPWARD BOUND PROGRAM $418,488, CFDA NUMBER: 84.047A FEDERAL GRANT AWARD NUMBER: P047A171048-19 CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, 0 0 INVESTMENTS 36802845 CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, 0 1 RECRUITMENT 612 CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, 0 3 PROGRAM SERVICES ATHLETICS TRAVEL ENRICHMENT PROGRAM 21953 EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, 0 3 FUNDRAISING 33956 EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, 0 2 RECRUITMENT 36042 EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, 0 1 PROFESSIONAL DEVELOPMENT 590 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 2 RECRUITMENT 37895 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 1 FUNDRAISING 1229 MIDDLE EAST AND NORTH AFRICA - ALGERIA, BAHRAIN, DJIBOUTI, EGYPT, 0 1 RECRUITMENT 8457 NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES 0 3 RECRUITMENT 9180 NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES 0 3 PROGRAM SERVICES ATHLETICS TRAVEL ENRICHMENT PROGRAM 2054 RUSSIA AND NEIGHBORING STATES - ARMENIA, AZERBIJAN, BELARUS, 0 1 RECRUITMENT 4731 SOUTH AMERICA - ARGENTINA, BOLIVIA, BRAZIL, CHILE, COLUMBIA, ECUADOR, 0 0 PROGRAM SERVICE CANCELLED TRAVEL ENRICHMENT PROGRAM 50400 SOUTH AMERICA - ARGENTINA, BOLIVIA, BRAZIL, CHILE, COLUMBIA, ECUADOR, 0 1 RECRUITMENT 12121 SUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA FASO, 0 0 PROGRAM SERVICES CANCELLED TRAVEL ENRICHMENT PROGRAM 127312 SUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA FASO, 0 1 RECRUITMENT 16666 0 13 0 10 0 23 36935122 230921 37166043 1 0 1 1 1 0 PART III ACCOUNTING METHOD: X X X X X 1 MARTS & LUNDY 1200 WALL STREET WEST LYNDHURST NJ 07071 CONSULTING SERVICES 0 0 27041 0 27041 MA 1 SCHOLARSHIPS 206 8003783 0 COST TUITION OFFSET PART I, LINE 2: IN ORDER TO OBJECTIVELY ESTABLISH FINANCIAL NEED, NORTHFIELD MOUNT HERMON SCHOOL (NMH) SUBSCRIBES TO THE SERVICES OF THE SCHOOL SCHOLARSHIP SERVICE (SSS) WHICH PROVIDES A FINANCIAL AID NEED ANALYSIS BASED ON INFORMATION MADE AVAILABLE BY FAMILIES IN A CONFIDENTIAL STATEMENT KNOWN AS THE PFS -- PARENT FINANCIAL STATEMENT. BY APPLYING OBJECTIVE CRITERIA IN A SPECIFIC FORMULA, SSS IS ABLE TO HELP ESTABLISH A FAMILY'S ABILITY TO PAY THE EXPECTED PARENTAL CONTRIBUTION, WHICH IS THEN ADJUSTED FOR THE NUMBER OF OTHER FAMILY MEMBERS IN TUITION CHARGING INSTITUTIONS AND FOR DAY VERSUS BOARDING SITUATIONS. ONCE FINANCIAL NEED HAS BEEN ESTABLISHED, NMH WILL MAKE A FINANCIAL AID AWARD WHICH COMES AS CLOSE AS POSSIBLE TO MEETING THE INDICATED NEED. X X 1 1 X X X X 1 0 0 0 0 0 0 1 1 1 CHARLES TIERNEY ASST. HEAD OF SCHOOL 252389 0 30000 0 1099 0 27373 0 37508 0 348369 0 0 0 BRIAN HARGROVE HEAD OF SCHOOL 166126 0 0 0 25332 0 12815 0 76063 0 280336 0 0 0 ALLYSON GOODWIN CHIEF ADVANCEMENT OFFICER 189476 0 0 0 39367 0 19168 0 30293 0 278304 0 0 0 SARA ROURKE DIRECTOR OF MEDICINE 179844 0 0 0 169 0 18579 0 63210 0 261802 0 0 0 CLAUDE ANDERSON DEAN OF ENROLLMENT 170926 0 0 0 982 0 16805 0 23394 0 212107 0 0 0 RICHARD COUTURE DIRECTOR OF PLANT FACILITIES 177396 0 0 0 919 0 17648 0 8037 0 204000 0 0 0 LYNNE RAYMER DIRECTOR OF FINANCIAL OPERATIONS 164666 0 0 0 140 0 15990 0 840 0 181636 0 0 0 VICTOR NUOVO SENIOR DIRECTOR OF ADVANCEMENT 124304 0 0 0 602 0 10077 0 16807 0 151790 0 0 0 PART I, LINE 1A HOUSING IS PROVIDED FOR OFFICERS, KEY EMPLOYEES AND HIGHEST COMPENSATED EMPLOYEES AS A CONDITION OF EMPLOYMENT FOR THE CONVENIENCE OF THE EMPLOYER AND IS NOT INCLUDED IN TAXABLE WAGES. NON-TAXABLE BENEFITS (REPORTED IN SCHEDULE J, PART II, COLUMN D) FOR THE FOLLOWING INDIVIDUALS INCLUDES HOUSING AS A CONDITION OF EMPLOYMENT FOR THE CONVENIENCE OF THE EMPLOYER: BRIAN HARGROVE, $63,430; CHARLES TIERNEY, $12,617; ALLYSON GOODWIN, $12,346; CLAUDE ANDERSON, $14,924 . COMPANION TRAVEL FOR THE HEAD OF SCHOOL IS NOT TREATED AS TAXABLE INCOME. PART I, LINE 4A ALLYSON GOODWIN RECEIVED SEVERANCE PAYMENTS TOTALING $36,880 IN ACCORDANCE WITH HER SEPARATION AGREEMENT. PART I, LINE 7 CHARLES TIERNEY RECEIVED A DISCRETIONARY BONUS OF $30,000 FOR HIS ROLE AS INTERIM HEAD OF SCHOOL DURING FISCAL YEAR 2019. BEATRIZ GARCIA RECEIVED A DISCRETIONARY BONUS OF $7,500 AS A LUMP SUM PAY ADJUSTMENT FOR FISCAL YEAR 2019. PART I, LINE 8 THE HEAD OF SCHOOL IS IN HIS INITIAL CONTRACT. THE CONTRACT IS EFFECTIVE JULY 1, 2019 THROUGH JUNE 30, 2021. A MDFA 2014 BONDS 043431814 2014-03-26 68635000 REFUND OF 2007 BONDS 0 0 0 A 4070000 68635000 645000 67990000 2014 1 0 1 1 A 0 0 0 0 0.00000 0.01350 0.01350 0 0 1 A 0 0 1 0 1 1 MORGAN STANLEY 23.000000000000 0 0 0 0 1 A 1 PART IV, LINE 4B AND 4C: 2014 SERIES BONDS HEDGE PROVIDER: MORGAN STANLEY REMAINING TERM: 23 X 52 3243927 MARKET VALUE 0 1 0 PART I, COLUMN (B): REPORTED THE NUMBER OF DONATIONS OF PUBLICLY TRADED STOCK. FORM 990, PART VI, SECTION B, LINE 11B ONCE NORTHFIELD MOUNT HERMON SCHOOL (NMH)'S FORM 990 IS COMPLETED, IT IS FIRST REVIEWED BY NMH'S INTERNAL MANAGEMENT. FOLLOWING THAT REVIEW, NMH'S INTERNAL MANAGEMENT AND OUTSIDE ADVISORS PRESENT THE FORM 990 (EXCLUDING SCHEDULE B - SCHEDULE OF CONTRIBUTORS) TO THE AUDIT COMMITTEE FOR REVIEW AND COMMENT. THE CHAIR OF THE AUDIT COMMITTEE REVIEWS SCHEDULE B WITH THE CHAIR OF THE BOARD OF TRUSTEES. THE COMPLETED FORM 990 (EXCLUDING SCHEDULE B - SCHEDULE OF CONTRIBUTORS) IS PROVIDED TO ALL BOARD MEMBERS PRIOR TO THE FORM BEING FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C NORTHFIELD MOUNT HERMON SCHOOL (NMH) MAINTAINS A WRITTEN CONFLICT OF INTEREST POLICY REQUIRING DISCLOSURE OF RELEVANT FACTS THAT GIVE RISE TO A POTENTIAL CONFLICT OF INTEREST. ANNUALLY, OFFICERS, KEY EMPLOYEES AND BOARD MEMBERS ARE REQUIRED TO ACKNOWLEDGE IN WRITING THAT THEY HAVE READ AND UNDERSTOOD THE CONFLICT OF INTEREST POLICY. ADDITIONALLY, EACH OFFICER, KEY EMPLOYEE, AND BOARD MEMBER ACKNOWLEDGES WITH SIGNATURE THAT NO CONFLICT OF INTEREST EXISTS, OR PROVIDES DISCLOSURE OF A CONFLICT. THE FORMS ARE RETURNED TO THE EXECUTIVE ASSISTANT TO THE HEAD OF SCHOOL. IF A CONFLICT EXISTS, THAT MEMBER MAY NOT BE PRESENT FOR DELIBERATIONS OR PARTICIPATE IN DECISIONS FOR A TRANSACTION INVOLVING A CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 NORTHFIELD MOUNT HERMON SCHOOL (NMH) HAS AN INDEPENDENT COMPENSATION AND BENEFITS COMMITTEE THAT REVIEWS ANNUALLY THE PERFORMANCE OF THE HEAD OF SCHOOL AND THE SENIOR STAFF BASED ON FEEDBACK SHARED FROM ALL INDEPENDENT TRUSTEES. DURING ITS REVIEW OF THAT FEEDBACK AND CONSIDERING AVAILABLE ANALYTICAL MARKET DATA, THE COMMITTEE SETS THE COMPENSATION OF THE HEAD OF SCHOOL FOR THE UPCOMING YEAR. AT THE FALL MEETING OF THE FULL BOARD, THE COMMITTEE GIVES AN ORAL REPORT OF ITS FINDINGS AND RECOMMENDATIONS TO THE EXECUTIVE COMMITTEE. THE LAST REVIEW WAS PERFORMED IN 2019. THE HEAD OF SCHOOL IS RESPONSIBLE FOR SETTING THE COMPENSATION FOR THE SENIOR STAFF BASED ON COMPARABLE MARKET DATA. THE COMPENSATION DELIBERATIONS AND DECISIONS ARE DOCUMENTED. FORM 990, PART VI, SECTION C, LINE 19 NORTHFIELD MOUNT HERMON SCHOOL'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF SWAP AGREEMENTS -6,675,542. EAST NORTHFIELD WATER COMPANY PO BOX 152 NORTHFIELD MA 01360 041269905 WATER COMPANY MA NMH C 213937 834270 1.00000 1 CHARITABLE REMAINDER TRUST SUPPORT NY NMH 0.62000 1 CHARITABLE REMAINDER TRUST SUPPORT FL NMH 0.61000 1 CHARITABLE REMAINDER TRUST (9) SUPPORT MA NMH 1 CHARITABLE REMAINDER TRUST (4) SUPPORT MA 0.33000 0 POOLED INCOME FUND (11) SUPPORT MA NMH 1 TRUST UNDER WILL SUPPORT RI NMH 1.00000 1 TRUST UNDER AGREEMENT SUPPORT MA NMH 0.85000 1 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 EAST NORTHFIELD WATER COMPANY K 86239 FMV EAST NORTHFIELD WATER COMPANY A 15916 FMV EAST NORTHFIELD WATER COMPANY M 41735 FMV EAST NORTHFIELD WATER COMPANY L 99205 FMV