2025-02-06T09:32:12-06:00 2024-06-30 882730877 CHERRY BEKAERT ADVISORY LLC 200 SOUTH 10TH ST STE 900 RICHMOND VA 23219 990 2023-07-01 510251819 THE STEWARD SCHOOL FOUNDATION STEW 8047403394 11600 GAYTON ROAD RICHMOND VA 23238 LISA S DWELLE ASSOCIATE HEAD OF SCHOOL 8047403394 2025-02-04 1 1 MELANIE MCPEAK P01346034 8046735700 2023 2025-03-06 01:10:19Z LISA S DWELLE 11600 GAYTON ROAD RICHMOND VA 23238 2863952 0 X WWW.STEWARDSCHOOL.ORG X 1980 VA THE STEWARD SCHOOL FOUNDATION PROVIDES FINANCIAL SUPPORT FOR THE STEWARD SCHOOL. 10 10 0 10 84561 66508 232816 1143423 0 0 153538 1470560 0 0 386354 2613983 799096 255462 0 0 0 0 0 0 0 148028 172250 947124 427712 -560770 2186271 25453580 27213222 761255 1729 24692325 27211493 THE FOUNDATION'S EXEMPT PURPOSE IS TO PROMOTE THE WELFARE AND DEVELOPMENT OF THE STEWARD SCHOOL, A PRIVATE NONPROFIT INSTITUTION THAT PROVIDES EDUCATIONAL INSTRUCTION FOR CHILDREN FROM JUNIOR KINDERGARTEN THROUGH GRADE 12. 0 0 246462 246462 THE FOUNDATION MAKES GRANTS TO THE STEWARD SCHOOL TO ENABLE THE SCHOOL TO PROVIDE COMPREHENSIVE EDUCATIONAL PROGRAMS TO 718 STUDENTS IN JUNIOR KINDERGARTEN THROUGH GRADE 12. 9000 9000 THE FOUNDATION MAKES GRANTS TO THE STEWARD SCHOOL WHICH ENABLES THE SCHOOL TO PROVIDE SCHOLARSHIPS TO FAMILIES WITH FINANCIAL NEED. 255462 1 1 0 0 0 0 0 0 0 1 0 1 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 X 10 10 0 0 0 0 0 1 0 1 1 0 0 0 1 1 1 1 1 0 0 0 VA X MS LISA DWELLE 8047403394 11600 GAYTON ROAD RICHMOND VA 23238 STEVE HENDERSON CHAIR 1.00 0.00 X 0 0 0 DON DELANEY DIRECTOR 1.00 0.00 X 0 0 0 LARRY EIBEN DIRECTOR 1.00 0.00 X 0 0 0 LARRY FRENCH DIRECTOR 1.00 0.00 X 0 0 0 DAN LUDWIN DIRECTOR 1.00 0.00 X 0 0 0 WELLY SANDERS DIRECTOR 1.00 0.00 X 0 0 0 JOHN SHERMAN DIRECTOR 1.00 0.00 X 0 0 0 MAC STUCKEY DIRECTOR 1.00 0.00 X 0 0 0 BILL WADDELL DIRECTOR 1.00 0.00 X 0 0 0 DAVID WRIGHT DIRECTOR 1.00 0.00 X 0 0 0 G DANIEL FRANK PRESIDENT 2.00 50.00 X 0 335973 41791 TAYLOR BREWER ASSISTANT SECRETARY 1.00 39.00 X 0 21477 3937 LISA DWELLE TREASURER 2.00 50.00 X 0 165457 22566 0 522907 68294 0 0 1 0 SPIDER MANAGEMENT 5800 PATTERSON AVE STE 300 RICHMOND VA 23226 INVESTMENT MANAGEMENT 171959 1 1143423 40161 1143423 353340 84561 268779 1367189 249969 1117220 1117220 1117220 2613983 0 84561 1385999 246462 246462 9000 9000 171959 171959 SERVICES AND ACTIVITIES 291 291 427712 255462 172250 0 49498 39885 536949 651140 1470072 623148 497007 22512061 24535957 885000 866085 25453580 27213222 761255 1729 761255 1729 X 9931 12572 24682394 27198921 24692325 27211493 25453580 27213222 2186271 332897 0 X 0 1 X 1 0 X X 1 THE STEWARD SCHOOL 540914765 2 1 246462 0 1 246462 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 20837348 684193 1552392 156244 22917689 20915475 713459 791586 20837348 19122480 3105000 -670761 641244 20915475 13264087 118000 6307770 567377 19122480 13952907 -180724 508096 13264087 1.00000 0 0 0 THE RICHMOND FUND 24535957 F 24535957 DUE TO THE STEWARD SCHOOL 1729 1729 X PART V, LINE 4: THE FOUNDATION'S ENDOWMENT CONSISTS OF APPROXIMATELY ELEVEN INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES. PURPOSES INCLUDE SUPPORT FOR SCHOOL OPERATIONS, FINANCIAL AID, HEALTH AND WELLNESS PROGRAMS, AND COMMUNITY BUILDING PROGRAMS. THE PERCENTAGE REPORTED FOR PERMANENT ENDOWMENTS INCLUDES AMOUNTS THAT MUST BE MAINTAINED IN PERPETUITY AS WELL AS ACCUMULATED EARNINGS ON SUCH AMOUNTS THAT HAVE NOT YET BEEN APPROPRIATED FOR EXPENDITURE. PART X, LINE 2: THE STEWARD SCHOOL AND THE FOUNDATION ARE EXEMPT FROM FEDERAL INCOME TAXES UNDER INTERNAL REVENUE CODE SECTION 501(C)(3). MANAGEMENT HAS EVALUATED THE EFFECT OF U.S. GAAP GUIDANCE ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. MANAGEMENT BELIEVES THE SCHOOL AND FOUNDATION CONTINUE TO SATISFY THE REQUIREMENTS OF A TAX-EXEMPT ORGANIZATION AT JUNE 30, 2024. MANAGEMENT HAS EVALUATED ALL OTHER TAX POSITIONS THAT COULD HAVE A SIGNIFICANT EFFECT ON THE COMBINED FINANCIAL STATEMENTS AND DETERMINED THE SCHOOL AND FOUNDATION HAVE NO UNCERTAIN INCOME TAX POSITIONS AT JUNE 30, 2024. 1 THE STEWARD SCHOOL 11600 GAYTON ROAD RICHMOND VA 23238 540914765 501(C)(3) 246462 0 CAPITAL EXPANSION AND SUPPORT OPERATIONS AT THE STEWARD SCHOOL. 1 0 MERIT GRANTS AND SCHOLARSHIPS 7 9000 BOOK VALUE TUITION REDUCTION PART I, LINE 2: THE SCHOOL REQUESTS A TRANSFER FROM THE FOUNDATION AND PROVIDES SUFFICIENT DOCUMENTATION TO SUPPORT THE REQUEST IN THE CASE OF CAPITAL TRANSFERS. FOR THE ANNUAL CONTRIBUTION, THE TRANSFER IS APPROVED BY THE BOARD. THE FOUNDATION REVIEWS THE REQUEST AND MAKES THE APPROPRIATE TRANSFER. THE ANNUAL CONTRIBUTION IS BASED ON 4% OF THE AVERAGE THREE-YEAR VALUE OF THE ENDOWMENT. SCHOLARSHIPS ARE AWARDED TO STUDENTS OF THE SCHOOL. IF THE AWARD IS FOR A RETURNING STUDENT, THE SCHOLARSHIP IS PAID DIRECTLY TO THE SCHOOL. IF THE STUDENT IS GRADUATING FROM STEWARD, THE SCHOLARSHIP IS PAID DIRECTLY TO THE STUDENT. 0 0 0 0 0 0 0 0 0 G DANIEL FRANK PRESIDENT 0 297388 0 25000 0 13585 0 18750 0 23041 0 377764 0 0 LISA DWELLE TREASURER 0 153902 0 11000 0 555 0 9450 0 13116 0 188023 0 0 X 8 40161 FAIR MARKET VALUE 1 0 0 0 FORM 990, PART VI, SECTION A, LINE 7A THE MEMBERS OF THE BOARD OF THE DIRECTORS SHALL BE APPOINTED BY THE CHAIRMAN OF THE BOARD OF TRUSTEES OF THE STEWARD SCHOOL, A RELATED ORGANIZATION, FOR SUCH TERM AS SUCH CHAIRMAN MAY DEEM APPROPRIATE. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE CHAIR AND SECRETARY OF THE FOUNDATION PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C TRUSTEES COMPLETE AN ANNUAL CERTIFICATE AND DISCLOSE DURING THE YEAR IF ANY CONFLICTS ARISE. IN THE EVENT OF A CONFLICT, THE TRUSTEE WOULD NOT BE PERMITTED TO VOTE. FORM 990, PART VI, SECTION B, LINE 15 THE FOUNDATION HAS NO FULL-TIME EMPLOYEES. ALL PERSONNEL IN SUPPORT OF THE FOUNDATION ARE EMPLOYEES OF THE STEWARD SCHOOL, A RELATED ORGANIZATION, AND ARE SUBJECT TO THE COMPENSATION POLICIES OF THE SCHOOL. THE STEWARD SCHOOL REVIEWS THE COMPENSATION OF ITS KEY EMPLOYEES ON AN ANNUAL BASIS TO ENSURE THAT COMPENSATION IS REASONABLE. FORM 990, PART VI, SECTION C, LINE 19 THE FOUNDATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. THE STEWARD SCHOOL 11600 GAYTON ROAD RICHMOND VA 23238 540914765 JK-12 SCHOOL VA 501(C)(3) LINE 2 N/A 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0