2019-05-10T12:37:30-05:00 2018-06-30 111986323 MARCUM LLP 1 MONTGOMERY STREET SUITE 1700 SAN FRANCISCO CA 94104 990 2017-07-01 940373222 CASTILLEJA SCHOOL FOUNDATION CAST 6504707751 1310 BRYANT STREET PALO ALTO CA 94301 KATHLEEN LAYENDECKER ASSOCIATE HEAD OF SCHOOL 6504707751 2019-03-28 1 SUE KENT P01302107 4154326200 64.124.51.210 2019-03-28 13:46:44 PD P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 1ED289F1C1BB2FC91E34B40D83A04CF063401737 2017 2019-02-21 02:37:17Z KATHLEEN LAYENDECKER 1310 BRYANT STREET PALO ALTO CA 94301 96101321 0 X WWW.CASTILLEJA.ORG X 1942 CA OPERATE AS AN EDUCATIONAL INSTITUTION FOR THE EDUCATION OF YOUNG WOMEN GRADES 6-12. 28 28 293 270 8590 7590 14806910 7109254 20565112 21197140 2378223 1042612 340329 334849 38090574 29683855 2776019 3039063 0 0 16834500 18283192 187000 454468 1911843 6364267 6397052 26161786 28173775 11928788 1510080 126900351 132196846 20704378 21505688 106195973 110691158 X MISSION STATEMENT: CASTILLEJA SCHOOL EDUCATES MOTIVATED YOUNG WOMEN TO BECOME CONFIDENT THINKERS & COMPASSIONATE LEADERS WITH A SENSE OF PURPOSE TO EFFECT CHANGE IN THE WORLD. SEE SCHEDULE O.TO PREPARE OUR STUDENTS FOR THE WIDER WORLD, WE INFUSE OUR CHALLENGING COLLEGE PREPARATORY PROGRAM WITH A GLOBAL CURRICULUM THAT FOSTERS AWARENESS, COMPASSION, AND ENGAGEMENT WITH ISSUES BEYOND CASTILLEJA. OUR COMPREHENSIVE ACADEMIC PROGRAM AND EXTENSIVE CO-CURRICULAR OFFERINGS DEVELOP IN EACH STUDENT THE SELF-CONFIDENCE TO REACH HER FULL POTENTIAL. ABOVE ALL, OUR FACULTY AND STAFF DEDICATE THEMSELVES TO EXCELLENCE IN EDUCATING YOUNG WOMEN AND IN CULTIVATING YOUNGLEADERS. 0 0 22390903 3039063 21307899 CASTILLEJA PROVIDES COLLEGE PREPARATORY EDUCATION FOR GIRLS FROM GRADE 6 THROUGH GRADE 12. 22390903 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 0 1 1 0 0 0 0 1 1 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 1 79 0 1 293 1 1 1 0 0 0 0 1 1 0 0 0 0 X 28 28 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 0 0 CA X KATHLEEN LAYENDECKER ASSOCIATE HEAD OF SCHOOL 6504707751 1310 BRYANT STREET PALO ALTO CA 94301 KEN HIRSCH BOARD CHAIR 2.00 X X 0 0 0 JIM BEAN TRUSTEE 2.00 X 0 0 0 TONY CARRASCO TRUSTEE 2.00 X 0 0 0 JOHN GIANNANDREA TRUSTEE 2.00 X 0 0 0 CINDY GOLDBERG VICE CHAIR 2.00 X X 0 0 0 LORI GOLER TRUSTEE 2.00 X 0 0 0 THERESIA GOUW TRUSTEE 2.00 X 0 0 0 SAIMA HASAN TRUSTEE 2.00 X 0 0 0 HEIDI HOPPER TRUSTEE 2.00 X 0 0 0 GAB LAYTON TRUSTEE 2.00 X 0 0 0 DAVID MERENBACH TREASURER & SECRETARY 2.00 X X 0 0 0 USHA NESAMONEY TRUSTEE 2.00 X 0 0 0 DENISE POPE TRUSTEE 2.00 X 0 0 0 ALYSSA RIEDER TRUSTEE 2.00 X 0 0 0 DAVID SCOTT TRUSTEE 2.00 X 0 0 0 PRATIMA SETHI TRUSTEE 2.00 X 0 0 0 MARY SPEISER TRUSTEE 2.00 X 0 0 0 KATHLEEN TANDY TRUSTEE 2.00 X 0 0 0 MIKE VOLPI TRUSTEE 2.00 X 0 0 0 PHIL YANG TRUSTEE 2.00 X 0 0 0 ELIZABETH YIN TRUSTEE 2.00 X 0 0 0 APRIL TRIANTIS TRUSTEE 2.00 X 0 0 0 TIM DYSON TRUSTEE 2.00 X 0 0 0 MICHELE KRISCH TRUSTEE 2.00 X 0 0 0 ANJALI PICHAI TRUSTEE 2.00 X 0 0 0 SARAH SANDS TRUSTEE 2.00 X 0 0 0 EUGENIE VAN WYNEN TRUSTEE 2.00 X 0 0 0 JIANMING YU TRUSTEE 2.00 X 0 0 0 NANCI KAUFFMAN HEAD OF SCHOOL 40.00 X 391176 0 269821 KATHLEEN LAYENDECKER ASSOCIATE HEAD OF SCHOOL 40.00 X 272123 0 21653 JOSEE BAND DEAN OF TEACHING & LEARNIN 40.00 X 175427 0 30268 ANNE CAMERON HEAD OF MIDDLE SCHOOL 40.00 X 183135 0 30811 JAMES PICKETT HEAD OF UPPPER SCHOOL 40.00 X 178521 0 40987 TESHA POE CHIEF ADVANCEMENT OFFICER 40.00 X 186370 0 30213 JILL LEE DIRECTOR OF ADMISSIONS 40.00 X 154964 0 39756 1541716 0 463509 52 0 1 0 COMMUNITY COUNSELING SERVICE CO LLC PO BOX 824885 PHILADELPHIA PA 19182 FUNDRAISING CONSULTING SERVICES 418000 JORGENSON SIEGEL MCCLURE AND FLEGEL LL 1100 ALMA ST SUITE 210 MENLO PARK CA 94025 LEGAL SERVICES 150203 STEINBERG ARCHITECTS 125 SOUTH MARKET ST SUITE 110 SAN JOSE CA 95113 ARCHITECT SERVICES 143145 STEYER LOWENTHAL BOODROOKAS ALVAREZ & SM ONE CALIFORNIA ST THIRD FLOOR SAN FRANCISCO CA 94111 LEGAL SERVICES 100384 4 1176217 5933037 689908 7109254 TUITION AND FEES 611600 21197140 21197140 21197140 476743 476743 215500 0 215500 215500 215500 66800849 750 66222783 12947 578066 -12197 565869 565869 181736 1176217 181736 0 OTHER OPERATING REVENUE 611600 110759 110759 DISALLOWED QUALIFIED TRANSPORTATI 611600 8590 8590 119349 29683855 21307899 8590 1258112 22831 22831 3016232 3016232 888320 421488 394811 72021 13560677 11531168 1118774 910735 1031551 911758 58881 60912 1809722 1588892 128078 92752 992922 840609 86796 65517 152495 152495 46672 46672 454468 454468 1068981 509080 385759 174142 13310 12071 1239 334023 334023 872897 175966 696931 431754 423320 920 7514 271532 211625 49583 10324 1695936 1543302 135675 16959 250991 250991 SUPPLIES 723683 642774 34410 46499 STUDENT ACTIVITIES 205764 205764 INVESTMENT EXPENSE 102189 102189 226825 226825 28173775 22390903 3871029 1911843 5916308 2856346 11888182 8066439 7547358 6959452 4491498 4646369 8209 9252 478566 492661 52022379 20384976 31741930 31637403 62731060 37863630 963990 38243602 1133250 1421692 126900351 132196846 1592990 1520347 18061091 18563649 1050297 1421692 20704378 21505688 X 47397634 51230041 28828592 29378555 29969747 30082562 106195973 110691158 126900351 132196846 X 1510080 3037328 -52223 X X 0 1 X 1 0 X 56412919 1151615 3442126 2219000 58787660 53396183 485088 5955348 3423700 56412919 54261743 644613 568249 2078422 53396183 54963653 76581 1168219 1946710 54261743 50517082 83585 8171660 3808674 54963653 0.15000 0.51000 0.34000 0 0 4031208 4031208 38284846 15226415 23058431 6311175 3567357 2743818 3395150 1591204 1803946 31637403 INVESTMENTS - GLYNN VENTURES 148511 F INVESTMENTS - ENERGY PARTNERS 35662 F INVESTMENT IN THE ENTREPRENEURS 844433 C INVESTMENTS - COMMINGLED ACCOUNTS 13441851 F INVESTMENTS - PRIVATE EQUITIES 8875257 F INVESTMENTS - HEDGE FUNDS 8004190 F INVESTMENTS - OFFSHORE FUNDS 6791874 F INVESTMENTS - PRIVATE INVESTMENTS 101824 F 38243602 DEFERRED COMPENSATION PAYABLE 1421692 1421692 X 29542473 3037328 -20263 3017065 26525408 3158447 3158447 29683855 25067551 12197 12197 25055354 3118421 3118421 28173775 PART V, LINE 4: THE SCHOOL INTENDS TO HOLD ITS ENDOWMENT FUND FOR THE LONG TERM AND USE THE EARNINGS TO SUPPORT PROGRAMS. PART X, LINE 2: CASTILLEJA IS A QUALIFIED ORGANIZATION EXEMPT FROM FEDERAL INCOME TAXES AND STATE FRANCHISE TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC) AND SECTION 23701D OF THE CALIFORNIA REVENUE AND TAXATION CODE, RESPECTIVELY. U.S. GAAP REQUIRES MANAGEMENT TO EVALUATE THE TAX POSITIONS TAKEN AND RECOGNIZE A TAX LIABILITY (OR ASSET) IF THE SCHOOL HAS TAKEN AN UNCERTAIN TAX POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN AND HAS CONCLUDED THAT AS OF JUNE 30, 2018, THERE ARE NO UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A TAX LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE SCHOOL IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS OR PENDING. PART XI, LINE 2D - OTHER ADJUSTMENTS: UNREALIZED LOSSES FROM MINORITY INTEREST IN THE FUND -20,263. PART XI, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID AWARDS 3,016,232. INVESTMENT EXPENSES 102,189. DISALLOWED QUALIFIED TRANSPORTATION FRINGE BENEFITS 8,590. BAD DEBT EXPENSES 43,633. NET LOSS ON DISPOSAL OF PROPERTY AND EQUIPMENT -12,197. PART XII, LINE 2D - OTHER ADJUSTMENTS: NET LOSS ON DISPOSAL OF PROPERTY AND EQUIPMENT 12,197. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID AWARDS 3,016,232. INVESTMENT EXPENSES 102,189. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 PUBLISHED IN THE SAN FRANCISCO CHRONICLE, JUNE 7, 2018. X X X X X X 1 COMMUNITY COUNSELING SERVICE CO LLC PO BOX 824885 PHILADELPHIA PA 19182 CAPITAL CAMPAIGN CONSULTING 0 0 418000 0 418000 CA ANNUAL EVENT 1357953 1176217 181736 1708 14042 65213 80068 20705 1357953 1176217 181736 1708 14042 65213 80068 20705 181736 0 1 HUMAN RIGHTS WATCH 350 FIFTH AVENUE 34TH FLOOR NEW YORK NY 101183299 132875808 501(C)(3) 22831 DONATION 1 TUITION ASSISTANCE 91 3016232 PART 1, LINE 2: TUITION ASSISTANCE CASTILLEJA SCHOOL PROVIDES TUITION ASSISTANCE TO FAMILIES WITH DEMONSTRATED NEED. FAMILIES COMPLETE THE APPLICATION PROCESS AND AWARDS ARE DETERMINED BY THE FINANCIAL AID COMMITTEE. TOTAL AWARD POOL IS DETERMINED ON AN ANNUAL BASIS AS PART OF THE BUDGET CYCLE, AND IS APPROVED BY THE BOARD OF TRUSTEES. ADDITIONAL ASSISTANCE FOR QUALIFYING FAMILIES IS PROVIDED FOR SOME AUXILIARY SERVICES, INCLUDING TEXT BOOKS AND FIELD TRIPS. X X X X X 0 1 0 0 0 0 0 0 0 NANCI KAUFFMAN HEAD OF SCHOOL 265659 0 0 0 125517 0 253804 0 16017 0 660997 0 125517 0 KATHLEEN LAYENDECKER ASSOCIATE HEAD OF SCHOOL 272123 0 0 0 0 0 18900 0 2753 0 293776 0 0 0 JOSEE BAND DEAN OF TEACHING & LEARNIN 175427 0 0 0 0 0 17784 0 12484 0 205695 0 0 0 ANNE CAMERON HEAD OF MIDDLE SCHOOL 183135 0 0 0 0 0 18289 0 12522 0 213946 0 0 0 JAMES PICKETT HEAD OF UPPPER SCHOOL 178521 0 0 0 0 0 16220 0 24767 0 219508 0 0 0 TESHA POE CHIEF ADVANCEMENT OFFICER 186370 0 0 0 0 0 13621 0 16592 0 216583 0 0 0 JILL LEE DIRECTOR OF ADMISSIONS 154964 0 0 0 0 0 16766 0 22990 0 194720 0 0 0 PART I, LINE 4B 457 (F) PLAN PROVIDED FOR HEAD OF SCHOOL X 29 689908 FAIR MARKET VALUE 0 1 0 FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE HEAD OF SCHOOL, THE CHAIR OF THE BOARD OF TRUSTEES, AND THE CHAIR OF THE FINANCE COMMITTEE PRIOR TO BEING FILED. FORM 990, PART VI, SECTION B, LINE 12C ALL TRUSTEES, OFFICERS, DIRECTORS AND KEY EMPLOYEES ARE REQUIRED TO SIGN THE CONFLICT OF INTEREST POLICY ON AN ANNUAL BASIS. FORM 990, PART VI, SECTION B, LINE 15A AN OUTSIDE CONSULTANT IS RETAINED TO ADVISE THE SCHOOL REGARDING COMPENSATION FOR THE HEAD OF SCHOOL AND THE ASSOCIATE HEAD OF SCHOOL RELATIVE TO PEER SCHOOLS. BASED ON THE ADVICE RECEIVED THE BOARD OF TRUSTEES APPROVE THE COMPENSATION LEVEL. THE BOARD ALSO SETS THE BUDGET PARAMETERS FOR FACULTY AND STAFF COMPENSATION. THE HEAD OF SCHOOL APPROVES THE COMPENSATION FOR INDIVIDUAL FACULTY AND STAFF MEMBERS BASED ON THE BOARD APPROVED PARAMETERS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATIONS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE NOT REQUIRED TO BE, AND ARE NOT, MADE AVAILABLE TO THE GENERAL PUBLIC. FORM 990, PART XI, LINE 9: BAD DEBT EXPENSE -43,633. DISALLOWED QUALIFIED TRANSPORTATION FRINGE BENEFITS -8,590. FORM 990, PART XII, LINE 2C NO CHANGE FROM PRIOR YEAR. FORM 990, PART IV, LINE 12B: AS A RESULT OF GIFTS OF MEMBERS' INTERESTS IN THE ENTREPRENEUR ENDOWMENT FUND, LLC (THE FUND), IN JUNE 2018 CASTILLEJA SCHOOL BECAME THE MAJORITY OWNER. AS A RESULT, THE SCHOOL PREPARED CONSOLIDATED FINANCIAL STATEMENTS WHICH INCLUDED THE ACCOUNTS OF THE SCHOOL AND THE FUND. THE FORM 990 IS ONLY REPORTING THE ACCOUNTS OF THE SCHOOL. ENTREPRENEURS ENDOWMENT FUND LLC 1310 BRYANT STREET PALO ALTO CA 94301 770540166 VENTURE CAPITAL INVESTMENT CA CASTILLEJA SCHOOL FOUNDATION INVESTMENT -27649 844433 0 0 0.58020 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0