2019-02-01T07:22:41-06:00 2018-06-30 371611326 ARONSON LLC 805 KING FARM BLVD 3RD FLOOR ROCKVILLE MD 20850 990 2017-07-01 540505898 FOXCROFT SCHOOL FOXC 5406875555 PO BOX 5555 MIDDLEBURG VA 20118 DEBORAH ANDERSON BUSINESS MANAGER 5406874401 2019-01-29 1 ROBERT EBY CPA P01682202 3012316200 65.242.31.146 2019-01-29 11:34:19 ES P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 F99A6E54D6A5A384C206DF755B55316AA09446D0 2017 2019-02-21 02:37:17Z DEBORAH ANDERSON PO BOX 5555 MIDDLEBURG VA 20118 31468714 0 X WWW.FOXCROFT.ORG X 1914 VA TO EDUCATE AND PREPARE YOUNG WOMEN AS GLOBAL CITIZENS AND FUTURE LEADERS 18 18 118 0 7075 -4855 3713684 9313020 8634205 8884421 2006344 2851729 47680 61218 14401913 21110388 2081642 2395080 0 0 6117766 6211006 0 0 1083150 6002847 6412692 14202255 15018778 199658 6091610 129675587 139303032 5678799 4758954 123996788 134544078 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 11255008 2395080 8816221 WITH 100% OF OUR SENIORS ATTENDING FOUR-YEAR COLLEGES AND UNIVERSITIES, 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. 11255008 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 1 0 0 1 0 0 0 0 0 0 0 0 1 30 0 1 118 1 1 1 0 0 0 0 0 0 1 0 X 18 18 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 CARLA CIPERSKI SECRETARY 2.00 X X 0 0 0 KARLA EVANS TREASURER 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 KATE HASTINGS BOARD MEMBER 1.00 X 0 0 0 CATHERINE MCGEHEE HEAD OF SCHOOL 40.00 X 216533 0 22147 DEBORAH ANDERSON BUSINESS MANAGER 40.00 X 151274 0 20346 367807 0 42493 2 0 1 0 0 9313020 616062 9313020 TUITION FEES & OTHER 611600 8767958 8767958 CONFERENCE INCOME 611600 89070 89070 TRANSPORTATION INCOME 611600 26165 26165 STUDENT LOAN INTEREST 611600 1228 1228 8884421 2124582 2124582 20870 0 20870 20870 20870 11024993 10297846 727147 727147 727147 85928 60480 25448 25448 MISCELLANEOUS REVENUE 900001 7825 7825 FITNESS REVENUE 713940 7075 7075 14900 21110388 8816221 7075 2974072 2395080 2395080 410300 277354 78242 54704 4370046 2954055 833346 582645 343791 262713 81078 725548 585313 140235 361321 283808 77513 66368 66368 49984 49984 384021 384021 208809 13674 195135 58058 6980 51078 76751 6314 61942 8495 66549 6384 60165 1413780 1191816 115930 106034 205931 205931 PLANT OPER & MAINT 1426055 1426055 FOOD SERVICE EXP 717970 717970 RIDING DEPT EXP 360332 360332 ACADEMIC DEPT EXP 321417 321417 1056667 445743 279652 331272 15018778 11255008 2680620 1083150 12434 12833 3252954 1910581 835666 4723504 30845 26578 109574 136764 202518 172501 60572836 20369370 38676107 40203466 60158923 61777337 26346732 30289634 49834 49834 129675587 139303032 942791 613023 1826939 2033358 2909069 2112573 5678799 4758954 X 80963704 84091284 6500398 7670968 36532686 42781826 123996788 134544078 129675587 139303032 X 6091610 4456027 -347 X X 0 1 X 1 0 X 81542651 6123615 6873203 2669300 91870169 71514159 3278336 9478578 2728422 81542651 62189349 13336794 -501054 1834047 1676883 71514159 37356547 27266241 506939 2756000 184378 62189349 32351368 2573109 3908215 1332800 143345 37356547 0.48700 0.46570 0.04730 0 0 94757 94757 49326651 12876409 36450242 2516697 2452701 63996 8634731 5040260 3594471 40203466 INVESTMENTS MEASURED AT NET ASSET VALUE 21529271 C FIXED INCOME SECURITIES 7424642 F CORPORATE BONDS 1335721 F 30289634 X 22847794 4456027 4456027 18391767 384021 2334600 2718621 21110388 12300504 60827 60827 12239677 384021 2395080 2779101 15018778 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, 2018, 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, 2015 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 2,395,080. COGS -60,480. PART XII, LINE 2D - OTHER ADJUSTMENTS: COGS 60,480. BAD DEBT 5,912. PENSION FORFEITURE -5,565. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIP AID AND TUITION WAIVERS 2,395,080. 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, INVESTMENTS 440967 0 0 0 0 0 0 440967 0 440967 0 0 0 0 0 0 1 SCHOLARSHIPS 72 2037960 TUITION WAIVER 8 357120 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 216533 0 0 0 0 0 14075 0 8072 0 238680 0 0 0 DEBORAH ANDERSON BUSINESS MANAGER 151274 0 0 0 0 0 12102 0 8244 0 171620 0 0 0 CHIP GRUVER OWNER OF GRUVER & COOLEY CORPORATION 1341856 CONSTRUCTION LABOR AND MATERIALS FOR WORK ON VARIOUS BUILDING RENOVATIONS ON CAMPUS 0 X 14 461062 FMV X GIFT OF HORSES 4 155000 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 -5,912. RETIREMENT FORFEITURE 5,565. FORM 990 PART XII LINE 2C THE FINANCIAL STATEMENT OVERSIGHT PROCESS HAS NOT CHANGED FROM THE PREVIOUS YEAR.