2019-05-14T12:59:46-05:00 2018-06-30 521197902 MULLEN SONDBERG WIMBISH & STONE PA 2553 HOUSLEY ROAD SUITE 200 ANNAPOLIS MD 21401 990 2017-07-01 521479494 BENEDICTINE SCHOOL FOR EXCEPTIONAL CHILDREN FOUNDATION INC BENE 4106342112 14299 BENEDICTINE LANE RIDGLEY MD 21660 CHARLES R MILLS PRESIDENT, BOARD OF TRUSTEES 4106342112 2019-05-14 1 MICHELE L MOORE CPA P00740046 4102244920 2019-05-14 64.88.174.3 2019-05-14 11:53:12 ED P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 DCF1B1382F220184FAC99BCEDE0DBCD987171605 2017 2019-02-21 02:37:17Z CHARLES R MILLS 14299 BENEDICTINE LANE RIDGLEY MD 21660 2997466 0 X BENSCHOOL.ORG/BENEDICTINE-FOUNDATION X 1986 MD TO PROVIDE FINANCIAL AND OTHER ASSISTANCE TO THE BENEDICTINE SCHOOL FOR EXCEPTIONAL CHILDREN, INC. 12 11 0 64 0 0 1778312 1271284 49807 21000 723626 602059 -68861 -47840 2482884 1846503 677540 558138 0 0 476064 502032 0 0 206345 287489 297536 1441093 1357706 1041791 488797 21491476 21887931 1612452 1168179 19879024 20719752 TO PROVIDE FINANCIAL AND OTHER ASSISTANCE TO THE BENEDICTINE SCHOOL FOR EXCEPTIONAL CHILDREN, INC. 0 0 654834 558138 23298 TO PROVIDE FINANCIAL AND OTHER ASSISTANCE, INCLUDING PROGRAM SUPPORT, OPERATING AND PROPERTY TRANSFERS, AND TUITION ASSISTANCE, TO THE BENEDICTINE SCHOOL FOR EXCEPTIONAL CHILDREN, INC. 654834 1 1 0 1 0 0 0 0 0 1 1 1 0 1 1 1 0 1 0 0 0 0 0 0 1 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 3 0 1 0 0 0 0 0 0 0 0 0 0 0 X 12 11 0 0 0 0 0 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MD X THE ORGANIZATION 4106342112 14299 BENEDICTINE LANE RIDGLEY MD 21660 CHARLES R MILLS PRESIDENT 5.00 X X 0 0 0 SANFORD W MORHOUSE VICE PRESIDENT 5.00 X X 0 0 0 CHARLES E PARTRIDGE JR TREASURER 5.00 X X 0 0 0 BRANDON BECKER SECRETARY 5.00 X X 0 0 0 HOWARD S BLAKE JR TRUSTEE 1.00 X 0 0 0 EDWARD A BURKHALTER TRUSTEE 1.00 X 0 0 0 THOMAS J COLLAMORE TRUSTEE 1.00 X 0 0 0 BENJAMIN J DENIHAN JR TRUSTEE 1.00 X 0 0 0 THAD FLETCHER TRUSTEE 1.00 X 0 0 0 LAURENCE J HOFFMAN TRUSTEE 1.00 X 0 0 0 LILLIAN M TRIPPETT TRUSTEE 1.00 X 0 0 0 SCOTT W EVANS EXECUTIVE DIRECTOR 1.00 39.00 X X 0 199948 10928 JENNIFER APSLEY CHIEF FINANCIAL OFFICER 10.00 30.00 X 0 123509 13921 BARRY SMALE FOUNDATION DIRECTOR 40.00 X 0 126161 26989 0 449618 51838 0 0 1 0 0 412608 858676 24610 1271284 RENTAL INCOME 531110 21000 21000 21000 489987 489987 1135200 1023128 112072 112072 112072 77697 412608 127835 -50138 -50138 MISCELLANEOUS REVENUE 611110 2298 2298 2298 1846503 23298 0 551921 558138 558138 416080 63930 199940 152210 85952 13325 40902 31725 11173 11173 80994 80994 20055 19582 473 20902 19441 561 900 34510 33174 1336 153 153 13593 13368 225 46174 46174 9281 9281 4071 4021 50 MAINTANENCE 28539 28539 MISCELLANEOUS 28091 8665 19426 1357706 654834 496527 206345 120644 81507 288390 628511 2598724 2277156 3228 1231 5500 287366 179631 115593 107735 14815181 15321304 3548485 3466218 21491476 21887931 202452 258179 1410000 910000 1612452 1168179 X 14305611 15276805 2790710 2660244 2782703 2782703 19879024 20719752 21491476 21887931 488797 351931 0 X X 0 1 X 0 0 X 1742525 1537318 1137235 1778312 1271294 7466684 1742525 1537318 1137235 1778312 1271294 7466684 7466684 392681 561505 389819 274494 510987 2129486 1000 800 2298 4098 9600268 0.77780 0.82360 X 0 1 0 0 0 0 1 1000 0 0 1000 0 PART II-B, LINE 1, LOBBYING ACTIVITIES: THE LEGISLATIVE ACTIVITIES OF THE FOUNDATION HAVE NOT COMPRISED A SUBSTANTIAL AMOUNT OF THE OVERALL ACTIVITIES OF THE FOUNDATION STAFF NOR INVOLVED SUBSTANTIAL EXPENDITURES OF FUNDS. OVER THE PAST 10 YEARS, THE FOUNDATION HAS ENGAGED IN ACTIVITIES THAT SUPPPORTED SEVERAL STATE OF MARYLAND BOND BILLS TOTALING CLOSE TO $800,000. THE APPROVED FUNDS WERE USED FOR VARIOUS CAPITAL IMPROVEMENTS ON THE CAMPUS OF THE BENEDICTINE SCHOOL FOR EXCEPTIONAL CHILDREN IN RIDGELY, MARYLAND, AND PARTIAL FUNDING FOR THE CONSTRUCTION OF GROUP HOMES FOR OLDER PERSONS WITH DISABILITIES WHICH ARE OWNED AND OPERATED BY THE SCHOOL. OUR ATTEMPTS TO INFLUENCE THIS LEGISLATION INVOLVED MEETINGS WITH VARIOUS STATE DELEGATES AND SENATORS. WE ALSO PROVIDED BRIEF PUBLIC TESTIMONY IN SUPPORT OF THE BOND BILL AT MEETINGS OF THE HOUSE APPROPRIATIONS COMMITTEE AND SENATE BUDGET AND TAXATION COMMITTEE. 7607641 1102271 429930 215492 8924350 7297327 574164 263850 7607641 7598019 930 -245367 56255 7297327 8447016 -513 89970 938454 7598019 7819916 1489 788146 162535 8447016 0.66000 0.31000 0.03000 0 0 45000 45000 134934 114354 20580 58616 18046 40570 48816 47231 1585 107735 COMMON STOCK 2891228 F MUTUAL FUNDS 9510968 F ALTERNATIVE INVESTMENTS 2919108 F 15321304 DUE FROM AFFILIATES 3466218 3466218 LINE OF CREDIT 910000 910000 X PART V, LINE 4: FACULTY AND STAFF SUPPORT, TUITION ASSISTANCE AND SCHOLARSHIPS, MEMORIALS, AND PROGRAM SUPPORT. PART X, LINE 2: THE FOUNDATION IS A NONPROFIT ORGANIZATION AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS EXEMPT FROM INCOME TAXES. DURING THE YEAR ENDED JUNE 30, 2018 THE FOUNDATION HAD NO UNRELATED BUSINESS TAXABLE INCOME. THE FOUNDATION FOLLOWS THE GUIDANCE OF ASC 740-10 ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES WHICH CLARIFIES THE ACCOUNTING FOR THE RECOGNITION AND MEASUREMENT OF THE BENEFITS OF INDIVIDUAL TAX POSITIONS. THE FOUNDATION DOES NOT KNOW OF ANY TAX BENEFITS ARISING FROM UNCERTAIN TAX POSITIONS AND THERE WAS NO EFFECT ON THE FOUNDATION'S FINANCIAL POSITION OR CHANGES IN NET ASSETS AS A RESULT OF ANALYZING ITS TAX POSITIONS. FISCAL YEARS ENDING ON OR AFTER JUNE 30, 2015 REMAIN SUBJECT TO EXAMINATION BY FEDERAL AND STATE AUTHORITIES. SPRING BENEFIT 244255 224880 19375 71421 CHROME CITY RIDE 154214 124512 29702 39323 2 91836 63216 28620 17091 490305 412608 77697 127835 127835 -50138 1 THE BENEDICTINE SCHOOL FOR EXCEPTIONAL CHILDREN INC 14299 BENEDICTINE LANE RIDGELY MD 21660 521479494 501(C)(3) 362517 195621 FAIR MARKET VALUE PROPERTY & EQUIPMENT OPERATING EXPENSES, TUITION SUPPORT, AND CAPITAL CONSTRUCTION AND IMPROVEMENTS PARTI, LINE 2: THE BOARD OF TRUSTEES APPROVES THE AMOUNT OF ASSISTANCE. X X X X 0 0 0 0 0 0 0 0 0 SCOTT W EVANS EXECUTIVE DIRECTOR 0 186448 0 13500 0 0 0 9365 0 1563 0 210876 0 0 BARRY SMALE FOUNDATION DIRECTOR 0 122672 0 3489 0 0 0 6609 0 20380 0 153150 0 0 PART I; LINE 3: THE BOARD OF DIRECTORS OF BENEDICTINE SCHOOL FOR EXCEPTIONAL CHILDREN, INC. (RELATED TAX EXEMPT COMPANY) HAS ESTABLISHED A FORMAL PROCESS FOR DETERMINING COMPENSATION, INCLUDING A REVIEW AND APPROVAL BY INDEPENDENT PERSONS, COMPARABILITY DATA, AND CONTEMPORANEOUS SUBSTANTIATION OF THE DELIBERATION AND DECISION. FORM 990, PART VI, SECTION A, LINE 7A MEMBERS OF THE BOARD OF TRUSTEES ARE APPOINTED BY THE BOARD OF DIRECTORS OF A SISTER ORGANIZATION, THE BENEDICTINE SCHOOL FOR EXCEPTIONAL CHILDREN, INC. THE BOARD OF TRUSTEES ELECTS ITS OWN OFFICERS, FROM AMONG THOSE NOMINATED BY THE BENEDICTINE SCHOOL FOR EXCEPTIONAL CHILDREN, INC. FORM 990, PART VI, SECTION B, LINE 11B ON MAY 27, 2014, THE BOARD OF TRUSTEES ESTABLISHED AN AUDIT COMMITTEE AND APPROVED THE AUDIT COMMITTEE'S CHARTER ON JUNE 24, 2014, WHICH PROVIDES IN PART THAT THE AUDIT COMMITTEE SHALL MEET TO REVIEW AND DISCUSS WITH MANAGEMENT AND THE INDEPENDENT AUDITOR FORM 990, AND APPROVE THE SAME, AND AUTHORIZE ITS FILING BY MANAGEMENT. IT IS THE FOUNDATION'S POLICY THAT NO FORM 990 SHALL BE FILED ON BEHALF OF THE FOUNDATION WITHOUT PRIOR APPROVAL OF THE AUDIT COMMITTEE, AND UNTIL A COMPLETE COPY HAS BEEN PROVIDED TO EACH VOTING MEMBER OF THE BOARD OF TRUSTEES AT THE TIME THE FILING IS TO BE MADE. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS ARE REQUIRED TO SIGN A STATEMENT ANNUALLY INDICATING THAT THEY HAVE RECEIVED, READ, UNDERSTAND, AND AGREE TO ABIDE BY THE CONFLICT OF INTEREST POLICY. PERIODIC REVIEWS OF SIGNIFICANT TRANSACTIONS MAY BE CONDUCTED BY THE BOARD TO DETERMINE THAT NO CONFLICTS OF INTEREST EXIST. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF DIRECTORS OF BENEDICTINE SCHOOL FOR EXCEPTIONAL CHILDREN, INC. (RELATED TAX EXEMPT COMPANY) HAS ESTABLISHED A FORMAL PROCESS FOR DETERMINING COMPENSATION, INCLUDING A REVIEW AND APPROVAL BY INDEPENDENT PERSONS, COMPARABILITY DATA, AND CONTEMPORANEOUS SUBSTANTIATION OF THE DELIBERATION AND DECISION. FORM 990, PART VI, SECTION C, LINE 18 THE FOUNDATION MAKES ITS FORM 1023 AND FORM 990 AVAILABLE UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 THE FOUNDATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. FORM 990 PART XII LINE 2C THE AUDIT COMMITTEE ASSUMES RESPONSIBILITY FOR THE SELECTION OF THE INDEPENDENT AUDITOR AND THE OVERSIGHT OF THE ANNUAL AUDIT. THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. THE BENEDICTINE SCHOOL FOR EXCEPTIONAL CHILDREN INC 14299 BENEDICTINE LANE RIDGELY MD 21660 520787237 EDUCATION/PROGRAMS FOR CHILDREN AND ADULTS WITH DEVELOPMENTAL DISABILITIES MD 501(C)(3) 170(B)(1) (A)(II) N/A 0 MIRACLE MILE HOLDING INC 14299 BENEDICTINE LANE RIDGELY MD 21660 462914235 HOLDING TITLE TO PROPERTY AND TURNING OVER INCOME TO PARENT COMPANY MD 501(C)(2) BENEDICTINE SCHOOL 1 0 1 1 1 0 0 0 0 0 1 0 1 0 1 1 1 1 1 1 MIRACLE MILE HOLDING INC C 201966 FMV MIRACLE MILE HOLDING INC D 2400000 FMV BENEDICTINE SCHOOL FOR EXCEPTIONAL CHILDREN INC B 558138 FMV BENEDICTINE SCHOOL FOR EXCEPTIONAL CHILDREN INC J 21000 FMV BENEDICTINE SCHOOL FOR EXCEPTIONAL CHILDREN INC L 96696 FMV BENEDICTINE SCHOOL FOR EXCEPTIONAL CHILDREN INC O 502032 FMV