2020-06-09T14:28:58-05:00 2019-06-30 371611326 ARONSON LLC 111 ROCKVILLE PIKE SUITE 600 ROCKVILLE MD 20850 990 2018-07-01 540505898 FOXCROFT SCHOOL FOXC 5406875555 PO BOX 5555 MIDDLEBURG VA 20118 DEBORAH ANDERSON BUSINESS MANAGER 5406874401 2020-06-05 1 ROBERT EBY CPA P01682202 3012316200 108.28.169.226 2020-06-05 09:27:44 ED P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 AE52A3203D4031C702096EC497AFFA8967FED576 2018 2020-09-23 17:36:50Z DEBORAH ANDERSON PO BOX 5555 MIDDLEBURG VA 20118 15285993 0 X WWW.FOXCROFT.ORG X 1914 VA TO EDUCATE AND PREPARE YOUNG WOMEN AS GLOBAL CITIZENS AND FUTURE LEADERS 22 22 114 22 5090 -3039 9313020 2716068 8884421 10416446 2851729 2028662 61218 124817 21110388 15285993 2395080 2704760 0 0 6211006 6686302 0 0 938754 6412692 6561748 15018778 15952810 6091610 -666817 139303032 140188008 4758954 4520961 134544078 135667047 X TO EDUCATE AND PREPARE YOUNG WOMEN AS GLOBAL CITIZENS AND FUTURE LEADERS THROUGH AN INNOVATIVE AND EXPERIENTIAL LEARNING CURRICULUM THAT HELPS TO ENSURE THEIR SUCCESS IN COLLEGE, CAREER, AND LIFE, WHILE LIVING AMONG A DIVERSE SCHOOL POPULATION THAT INSPIRES SHARING OF IDEAS, CULTURE, AND SERVICE TO OTHERS. 0 0 11633905 2704760 10416446 WITH 100% OF OUR SENIORS ACCEPTED TO A FOUR-YEAR COLLEGE OR UNIVERSITY, WE ARE AN INDEPENDENT SCHOOL FOR GIRLS IN GRADES 9-12 OFFERING A BROAD COLLEGE-LEVEL CURRICULUM OF 79 COURSES ACROSS SIX ACADEMIC DISCIPLINES, INCLUDING 15 ADVANCED PLACEMENT COURSES, AND AN INNOVATIVE STEM PROGRAM THAT EMPOWERS NEARLY 30% OF RECENT GRADUATES TO PURSUE COLLEGE MAJORS IN UNDERREPRESENTED FIELDS OF STUDY FOR WOMEN. 11633905 1 1 0 0 0 0 0 0 0 1 1 1 0 0 0 1 1 0 1 0 1 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 1 33 0 114 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 22 22 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 VA X DEBORAH ANDERSON 5406874401 FOXCROFT LANE MIDDLEBURG VA 20118 ANNE MICHELLE LYONS KUHNS BOARD CHAIR 2.00 X X 0 0 0 TREVANIA HENDERSON VICE CHAIRPERSON 1.00 X X 0 0 0 KATE HASTINGS TREASURER 1.00 X X 0 0 0 KARLA EVANS SECRETARY 1.00 X X 0 0 0 LIZANN GOHRING BOARD MEMBER 1.00 X 0 0 0 MERCEDES GOTWALD BOARD MEMBER 1.00 X 0 0 0 ELIZABETH HANBIDGE BOARD MEMBER 1.00 X 0 0 0 ELIZABETH HAZARD BOARD MEMBER 1.00 X 0 0 0 HOPE JONES BOARD MEMBER 1.00 X 0 0 0 DAVID MACDONALD BOARD MEMBER 1.00 X 0 0 0 STEVE SCHULTE BOARD MEMBER 1.00 X 0 0 0 VICTORIA MARS BOARD MEMBER 1.00 X 0 0 0 MICHELE VELCHIK BOARD MEMBER 1.00 X 0 0 0 SUSAN WILFORD BOARD MEMBER 1.00 X 0 0 0 ANNE ARMSTRONG BOARD MEMBER 1.00 X 0 0 0 LAUREN EDGERTON BOARD MEMBER 1.00 X 0 0 0 NATALIE WILTSHIRE BOARD MEMBER 1.00 X 0 0 0 CARLA CIPERSKI BOARD MEMBER 2.00 X 0 0 0 ELEANOR DURHAM BOARD MEMBER 1.00 X 0 0 0 LAURA FORTSCH BOARD MEMBER 1.00 X 0 0 0 ELIZABETH KNOWLES BOARD MEMBER 1.00 X 0 0 0 DAVID LEE BOARD MEMBER 1.00 X 0 0 0 CATHERINE MCGEHEE HEAD OF SCHOOL 40.00 X 253173 0 25099 DEBORAH ANDERSON BUSINESS MANAGER 40.00 X 158980 0 22672 MARION COUZENS DIRECTOR OF INSTITUTIONAL ADVANCEMENT 40.00 X 110457 0 20854 KARLA VARGAS DIRECTOR OF ENROLLMENT MANAGEMENT 40.00 X 110922 0 16646 633532 0 85271 4 0 1 0 0 2716068 2716068 TUITION FEES & OTHER 611600 10079896 10079896 CONFERENCE INCOME 611600 311683 311683 STUDENT LOAN INTEREST 611600 21279 21279 TRANSPORTATION INCOME 611600 3588 3588 10416446 1642072 1642072 21490 0 21490 21490 21490 386590 0 386590 386590 386590 98237 0 98237 98237 FITNESS REVENUE 713940 5090 5090 5090 15285993 10416446 5090 2148389 2704760 2704760 459924 274815 142056 43053 4810933 3105183 1278634 427116 345393 206380 106681 32332 689670 412094 213017 64559 380382 227287 117488 35607 40065 40065 50822 50822 1218544 952937 265607 39710 21626 18084 127392 29142 96635 1615 1564482 1325123 132233 107126 289944 289944 PLANT OPER & MAINT 1814664 1537028 153379 124257 DEPARTMENT EXPENSES AND 1118564 812371 231300 74893 OTHER 179819 12214 158780 8825 PRINTING AND PUBLICATIO 71427 17105 54322 46315 17466 27562 1287 15952810 11633905 3380151 938754 12833 1910581 1569704 4723504 2327375 26578 74386 136764 155420 172501 123289 64039577 21925677 40203466 42113900 61777337 61692795 30289634 32074521 49834 56618 139303032 140188008 613023 616022 2033358 1827261 2112573 2077678 4758954 4520961 X 84091284 84430760 7670968 7504038 42781826 43732249 134544078 135667047 139303032 140188008 X -666817 1939786 -150000 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 91870169 1170795 3901436 3557729 93384671 81542651 6123615 6873203 2669300 91870169 71514159 3278336 9478578 2728422 81542651 62189349 13336794 -501054 1834047 1676883 71514159 37356547 27266241 506939 2756000 184378 62189349 0.46700 0.45490 0.07810 0 0 94757 94757 49772759 14015837 35756922 2634073 2602362 31711 11537988 5307478 6230510 42113900 INVESTMENTS MEASURED AT NET ASSET VALUE 21939171 C FIXED INCOME SECURITIES 7935517 F CORPORATE BONDS 2199833 F 32074521 X 14521019 1939786 1939786 12581233 2704760 2704760 15285993 13398050 150000 150000 13248050 2704760 2704760 15952810 PART V, LINE 4: NET ASSETS DESIGNATED BY THE BOARD ARE FOR LONG-TERM INVESTMENT. ENDOWMENT FUNDS ARE DONATIONS RECEIVED WHERE THE INCOME IS DESIGNATED FOR VARIOUS PURPOSES OR PROGRAMS AT THE SCHOOL. PART X, LINE 2: THE SCHOOL EVALUATES UNCERTAINTY IN INCOME TAX POSITIONS BASED ON A MORE-LIKELY-THAN-NOT RECOGNITION STANDARD. IF THAT THRESHOLD IS MET, THE TAX POSITION IS THEN MEASURED AT THE LARGEST AMOUNT THAT IS GREATER THAN 50% LIKELY OF BEING REALIZED UPON ULTIMATE SETTLEMENT. AS OF JUNE 30, 2019, THERE ARE NO ACCRUALS FOR UNCERTAIN TAX POSITIONS. IF APPLICABLE, THE SCHOOL RECORDS INTEREST AND PENALTIES AS A COMPONENT OF INCOME TAX EXPENSE. TAX YEARS FROM JUNE 30, 2016 THROUGH THE CURRENT YEAR REMAIN OPEN FOR EXAMINATION BY FEDERAL AND STATE TAX AUTHORITIES. PART XI, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIP AID AND TUITION WAIVERS 2,704,760. COGS PART XII, LINE 2D - OTHER ADJUSTMENTS: BAD DEBT 150,000. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIP AID AND TUITION WAIVERS 2,704,760. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 FOXCROFT HAS WIDELY PUBLICIZED ITS RACIALLY NONDISCRIMINATORY POLICY ON ITS ADMISSIONS WEBPAGE, IN ITS STUDENT APPLICATION, IN THE COURSE LISTINGS BOOKLET, AND REGISTRATION MATERIALS. CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, 0 0 INVESTMENTS 555672 0 0 0 0 0 0 555672 0 555672 0 0 0 0 0 0 1 SCHOLARSHIPS 80 TUITION WAIVER 8 PART I, LINE 2: ALL GRANT AWARDS ARE FINANCIAL AID TO FAMILIES FOR STUDENTS AT THE SCHOOL, THEREFORE THE FUNDS ARE USED IN THE UNITED STATES. X X 1 1 X X 0 0 0 0 0 0 0 0 0 CATHERINE MCGEHEE HEAD OF SCHOOL 253173 0 0 0 0 0 25099 0 0 0 278272 0 0 0 DEBORAH ANDERSON BUSINESS MANAGER 158980 0 0 0 0 0 22672 0 0 0 181652 0 0 0 GRUVER & COOLEY CORPORATION DIRECTOR IS OWNER 87612 CONSTRUCTION LABOR AND MATERIALS FOR WORK ON VARIOUS BUILDING RENOVATIONS ON CAMPUS 0 X 14 FMV X GIFT OF HORSES 4 204000 FMV 0 1 1 FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN OUTSIDE ACCOUNTANT, AND REVIEWED BY THE FULL BOARD BEFORE FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD ANNUALLY SIGNS A CONFLICT OF INTEREST DISCLOSURE DOCUMENT. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD OF DIRECTORS DETERMINES THE COMPENSATION OF THE EXECUTIVE LEVEL MANAGEMENT BASED ON BENCHMARKS OF COMPARABLE SCHOOLS AND LOCAL ORGANIZATIONS, AND BY EVALUATING PERFORMANCE. FORM 990, PART VI, SECTION C, LINE 19 FOXCROFT MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: BAD DEBTS -150,000.