2019-05-13T12:59:32-05:00 2018-06-30 363990892 Capin Crouse LLP 1330 Avenue of the Americas Suite 23A New York NY 10019 990 2017-07-01 010880911 Ross Institute ROSS 6319075102 18 Goodfriend Drive East Hampton NY 11937 Rob Eloff Interim Treasurer 6319075102 2019-05-13 1 Ted R Batson Jr P00721951 2126530681 139.146.132.42 2019-05-13 13:59:24 ED P BB9C941D9017312E4EAEE769FA72F4CB3C5790C3 D0B562F427CC3973271ACF1A8DD38A63DA62FBCE 2017 2019-02-21 02:37:17Z The Ross School Courtney Sale Ross 18 Goodfriend Drive East Hampton NY 11937 38087082 0 X www.rossinstitute.org X 1993 NY To change the way education meets the future through leadership & engaging the global community. 8 5 544 50 85694 -181952 1618473 10357813 33320933 27619672 5595 -314103 133775 96647 35078776 37760029 3833544 4034312 0 0 16104854 15381000 0 0 434209 20097351 18852751 40035749 38268063 -4956973 -508034 96883286 91410659 27484540 22519947 69398746 68890712 Our mission is to change the way education meets the future; to foster interdisciplinary, integrated thinking and innovative leadership; to engage fully in the global community; and to facilitate lifelong learning. 0 0 30198028 4034312 27533978 Education of students in Pre-Nursery to Pre-K, grades K-12, postgraduate, and for the community-at-large. For fiscal year 2017, 312 students were enrolled. 3471037 Research and development of innovative curriculum and programs in order to prepare students for college and career options in the 21st century. Development and utilization of technology for education in an educational environment. 1041311 Providing professional development for schools and individuals that would like to adopt the Ross Model, growing our worldwide community of Ross Schools that are committed to 21st century education and catalyzing research in order to improve pedagogical practice. 34710376 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 0 0 1 1 0 1 0 0 0 0 0 0 0 1 1 0 0 0 1 0 0 0 0 0 0 0 0 1 1 0 0 0 1 100 0 1 544 1 1 1 0 0 0 0 0 0 0 0 0 X 8 5 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NY X Susan Wilson 6319075102 18 Goodfriend Drive East Hampton NY 11937 Courtney Sale Ross President/Chair 20.00 X X 0 0 0 Nick Appelbaum VP & Treasurer 1.00 X X 0 0 0 Nicole Ross Eloff Trustee 1.00 X 0 0 0 Robert Eloff Trustee 1.00 X 0 0 0 Nathaniel Oppenheimer Trustee 1.00 X 0 0 0 Lori Schiaffino Trustee 1.00 X 0 0 0 Patricia Walton Silver Trustee 1.00 X 0 0 0 Barrie Glabman Trustee 1.00 X 0 0 0 Susan Weber Trustee (part year) 1.00 X 0 0 0 Betsy Colby Trustee (part year) 1.00 X 0 0 0 Margaret Regan Secretary/Managing Director 50.00 X 67024 0 22695 Susan Wilson Controller 50.00 X 0 0 0 Jeanette Tyndall Head of Lower School 50.00 X 171442 0 8534 William O'Hearn Head of High School 50.00 X 147755 0 23992 Kristin Eberstadt Executive Director 50.00 X 139970 0 20601 Bryan Rosenburg Assistant Head of Lower School 50.00 X 123800 0 3302 Anthony DOrazio Director of Facilities 50.00 X 121732 0 6481 Maria Maciak Director of Media Production 50.00 X 120507 0 24200 892230 0 109805 14 0 1 0 Icreon Tech Inc 597 5th Avenue 12th Floor New York NY 10017 Software Development/Design Services 1426705 Montauk Bus LLC 209 Wading River Road Center Moriches NY 11934 Charter/Bus Services 921305 Hughes Hubbard & Reed LLP One Battery Park Plaza New York NY 10004 Legal Services 431077 Pond View Services Inc 67-A Main Street Suite 1 East Hampton NY 11937 Security Services 355931 Baldor Specialty Foods Inc 240 Food Center Drive Bronx NY 10474 Food Delivery Service 232892 8 10357813 12227 10357813 Tuition and fees 900099 22692035 22692035 Summer camp income 900099 3113411 3113411 Other school programs 900099 946352 946352 Tennis center income 900099 867874 782180 85694 27619672 2138 2138 107459 10812 96647 96647 96647 316241 -316241 -316241 -316241 37760029 27533978 85694 -217456 4034312 4034312 103700 93084 8646 1970 13127044 11784079 1093809 249156 1286828 1154499 107778 24551 863428 774706 72262 16460 172414 34483 137931 70009 7230 62779 1434307 1067946 333648 32713 215738 209567 6171 677300 616108 47751 13441 124779 113687 11092 4278691 4156282 121688 721 1459029 1414013 8991 36025 323536 291182 25883 6471 6553735 6309381 219919 24435 838154 787746 42028 8380 Repairs & Maintenance 977010 944866 28970 3174 Food and Meals 796788 764244 31246 1298 Bad Debt Expense 454676 454676 Dues and Memberships 280695 242149 30534 8012 195890 120379 74280 1231 38268063 34710376 3123478 434209 1311995 1536408 1515809 410662 100671 42778 26977 38009 23557 1043139 411114 179429737 91307925 92056589 88121812 195981 196171 632125 630148 96883286 91410659 3010096 2612336 12363502 8257323 630208 186441 11245435 11051382 235299 412465 27484540 22519947 X 68914754 68464923 288011 229808 195981 195981 69398746 68890712 96883286 91410659 -508034 0 X X 0 1 X 1 0 X 15571495 3264423 846860 1618473 10357813 31659064 15571495 3264423 846860 1618473 10357813 31659064 10055410 21603654 453783 577472 631358 165636 109597 1937846 69100 53620 44621 167341 33764251 163335954 0.63980 0.95440 X Schedule A, Part II, Line 10, Explanation of Other Income: Special Events - 2013 Amount: $ 69,100. 2014 Amount: $ 53,620. 2015 Amount: $ 44,621. Schedule A, Part II: The organization is a school as described under 170(b)(1)(A)(ii) and is not required to complete a public support schedule. Schedule A, Part II is completed to verify the School can qualify under public charity status section 170(b)(1)(A)(vi) and, therefore, qualifies to use the first listed special rule for Schedule B reporting. 195981 190 196171 198384 190 2593 195981 198193 191 198384 197971 222 198193 197454 517 197971 0.99900 0.00100 0 0 13634064 13634064 133522956 75763577 57759379 1567945 926186 641759 12835817 11923411 912406 17868955 2694751 15174204 88121812 Capital lease obligation 412465 412465 Part V, Line 4: Each fiscal year, the Institute is authorized to expend from the Scholarship Fund (endowment) an amount equal to four and one-half percent of the principal of the endowment as of the first business day of such year, or such other amount as shall be mutually agreed upon by the donor or the donor's designated representatives and the Ross School. The endowment payout shall be paid first from the income of the endowment and, if and to the extent that such income is insufficient, from the principal of the endowment. If the income of the endowment in any fiscal year exceeds the authorized payout amount for such year, the excess will be added to principal at the end of such fiscal year. The endowment payout for each fiscal year shall be used to award scholarships to help support the tuition of one or more students at the Institute entering the ninth grade who have exhibited a deep interest in or enjoyment of the arts and/or sciences, especially the environmental sciences, and who are eligible on a needs basis for financial aid at the Institute. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 Schedule E, Part I, Line 3 Ross Institute follows a racially nondiscriminatory policy as to students in its programs. The Institute's promotional activities for its programs are designed to inform all racial segments in the general communities within the area of the availability of the Institute. A clause is included in the admissions catalog and on its website. East Asia and the Pacific 0 0 Program Services Field trips 197347 Europe (Including Iceland & Greenland) 0 0 Program Services Field trips 199016 Middle East and North Africa 0 0 Program Services Field trips 82256 Central America and the Caribbean 0 0 Program Services Field trips 95011 Sub-Saharan Africa 0 0 Program Services Field trips 222305 0 0 0 0 0 0 795935 0 795935 0 0 0 0 0 0 Part I, line 3: Expenditures are accounted for using the accrual method of accounting. 1 Scholarships 244 3563231 Summer Camp Financial Aid 124 471081 Part I, Line 2: The assistance provided by the Institute is in the form of academic scholarships to attend the Ross School and financial assistance to attend the summer camp program conducted by the Institute. Records are maintained documenting the participants who receive aid and the rationale for providing aid to each participant. X X X X X 0 0 0 0 0 0 0 0 0 Jeanette Tyndall Head of Lower School 170680 0 0 0 762 0 0 0 9192 0 180634 0 0 0 William O'Hearn Head of High School 147359 0 0 0 396 0 0 0 24650 0 172405 0 0 0 Kristin Eberstadt Executive Director 139880 0 0 0 90 0 0 0 21289 0 161259 0 0 0 Courtney S Ross President Operating line of credit X 18206070 186441 0 1 1 Courtney S Ross President Payable to President for expenses made on behalf of the organization X 243764 0 0 1 0 Courtney S Ross President Receivable from President for expenses X 23557 23557 0 1 0 209998 Form 990, Part VI, Section A, line 1 The Board of Trustees may, by resolution, designate five or more trustees (one of whom shall be the Chairperson of the Board of Trustees) to constitute an Executive Committee, and delegate to the Executive Committee any of the powers and authority of the Board of Trustees in the management of the business and affairs of the Corporation, except for: the amendment or repeal of Bylaws or the adoption of new Bylaws; the amendment or repeal of any resolution of the Board of Trustees that by its express terms is not so amendable or repealable; the filling of vacancies in the Board of Trustees or in any committee; the approval of any transaction in which a trustee or officer has an interest; and the granting of degrees or making removals from office. Form 990, Part VI, Section A, line 2 Courtney Sale Ross, President, and Nicole Ross, Trustee - Family relationship Nicole Ross, Trustee and Robert Eloff, Trustee - Family relationship Courtney Sale Ross, President, and Robert Eloff, Trustee - Family relationship Form 990, Part VI, Section B, line 11b The Form 990 is prepared by an independent CPA firm. A preliminary draft of the organization's Form 990, including all required schedules, was provided to management. Management reviewed the draft Form 990 in detail, consulted with the organization's accountants and tax return preparers, and took all other measures necessary and appropriate to ensure that the final version of the Form 990 is complete and accurate to the best of their knowledge. A copy of the final version of the Form 990, including all required schedules, was provided to each member of the organization's Board of Trustees prior to filing with the IRS. Form 990, Part VI, Section B, line 12c Each director, principal officer, and member of a committee with governing board delegated powers signs a conflict of interest statement annually which is reviewed by the officers. Should any potential conflicts of interest be disclosed, the board member or officer would be asked to refrain from participation in any deliberation or decision with regard to matters affected by the relationship. Form 990, Part VI, Section B, line 15 The Compensation Committee approves the officers and key employees compensation by performing an analysis and utilizing appropriate data as to the comparability of the compensation. The approval process was documented in the minutes. Form 990, Part VI, Section C, line 19 The School makes its governing documents, conflict of interest policy, and financial statements available to the public upon request. Form 990, Part XII, Line 2c The organization's Audit Committee assumes responsibility for oversight of the audit of its financial statements and selection of its independent accountant. This process has not changed since the prior year. RSIL26 LLC 18 Goodfriend Drive East Hampton NY 11937 Real estate management NY 0 1603003 Ross Institute Stiftelsen Ross Institute Sweden c/o The Ross Institute 560 Broadway New York NY 10012 Education SW N/A N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0