2018-04-13T07:59:10-05:00 2017-06-30 510232475 Cover & Rossiter PA 62 Rockford Road Wilmington DE 198061004 990 2016-07-01 510079506 St Andrew's School Of Delaware Inc STAN 3023789511 350 Noxontown Rd Middletown DE 197091605 Diane Winiarczyk CFO 3023789511 2018-04-05 1 Peter Kennedy P00571422 3026566632 2018-04-03 75.151.191.249 2018-04-05 11:47:15 ED P A367EEE01D5189ED96A497E44DA8AB4D6CBB9E2A 8D191E08DB101E1EC41A31CDFFC2B919F26BEB5C 2016 2021-01-29 14:40:06Z Diane Winiarczyk 350 Noxontown Rd Middletown DE 197091605 43495247 0 X www.standrews-de.org X 1929 DE St. Andrew's School is a coed boarding school, grades 9 through 12. 29 28 228 0 0 0 3249161 3105310 17314461 18080471 4865831 11075031 77353 68817 25506806 32329629 6059451 6301686 0 0 12030485 11432357 0 0 1333402 9599617 10234937 27689553 27968980 -2182747 4360649 309730548 324294317 47349534 46803031 262381014 277491286 X The School's mission is to provide secondary education of a definitely Christian character at a minimum cost consistent with modern equipment and highest standards. St. Andrew's School is a coed boarding school of students and faculty who live on a pristine 2,200-acre campus, learning together and collaborating to pursue their passions in academics, athletics, service, and the arts. 0 0 21898374 6301686 18121197 The School is a coed boarding school, grades 9 through 12, providing a secondary education of a definitely Christian character in an entirely residential program. During fiscal year 16/17, the School enrolled 310 students & graduated 78, of whom all enrolled in college or university. 21898374 1 1 0 0 0 0 0 0 0 1 1 1 1 1 1 0 1 0 1 0 1 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 73 0 1 228 1 1 1 1 CJ UK 0 0 0 0 0 0 0 0 X 29 28 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X Diane Winiarczyk 3023789511 350 Noxontown Road Middletown DE 19709 Katharine du Pont Gahagan Chair Emerita 5.00 X X 0 0 0 J Kent Sweezey Chair Emeritus 5.00 X X 0 0 0 Scott M Sipprelle Chair 10.00 X X 0 0 0 Caroline du Pont Prickett Secretary/Treasurer 10.00 X X 0 0 0 Henry du Pont Ridgely Vice Chair 5.00 X X 0 0 0 Daniel T Roach Jr Headmaster 65.00 X X 398660 0 106793 Sarah F Belk Trustee 5.00 X 0 0 0 Elizabeth Kirkland Cahill Trustee 5.00 X 0 0 0 Ashish Dhawan Parent Trustee 5.00 X 0 0 0 Kellie S Doucette Parent Trustee 5.00 X 0 0 0 Ari K Ellis Trustee 5.00 X 0 0 0 Michael J Evans Trustee 5.00 X 0 0 0 Robert F Fogelman II Trustee 10.00 X 0 0 0 Sabina B Forbes Trustee 5.00 X 0 0 0 W Hoyt Gahagan Trustee 5.00 X 0 0 0 Monie T Hardwick Trustee 10.00 X 0 0 0 Paul H Harrell Jr Trustee 5.00 X 0 0 0 Alexander P Lynch Trustee 5.00 X 0 0 0 F John Matouk Trustee 5.00 X 0 0 0 L Heather Mitchell Trustee 5.00 X 0 0 0 Sally E Pingree Trustee 5.00 X 0 0 0 John P N Austin Trustee 5.00 X 0 0 0 Andrea Sin Parent Trustee 5.00 X 0 0 0 Edward M Strong Trustee 5.00 X 0 0 0 Alexander D Stuart Trustee 5.00 X 0 0 0 Richard B Vaughan Trustee 10.00 X 0 0 0 Michael D Warner Trustee 5.00 X 0 0 0 Roberta B Connolly Trustee 5.00 X 0 0 0 Carolyn M Matthews Trustee 5.00 X 0 0 0 William H Brownlee Trustee Emeritus 5.00 X 0 0 0 Francis Giammattei Jr Trustee Emeritus 5.00 X 0 0 0 Maureen K Harrington Trustee Emerita 5.00 X 0 0 0 Henry N Herndon Jr Trustee Emeritus 5.00 X 0 0 0 Thomas H Hooper III Trustee Emeritus 5.00 X 0 0 0 Timothy W Peters Trustee Emeritus 5.00 X 0 0 0 Steven B Pfeiffer Trustee Emeritus 5.00 X 0 0 0 H Hickman Rowland Jr Trustee Emeritus 5.00 X 0 0 0 Henry H Silliman Jr Trustee Emeritus 5.00 X 0 0 0 Diane L Winiarczyk Chief Financial Officer 50.00 X 161795 0 79393 Ann S Visalli Chief Operating Officer 50.00 X 119089 0 23092 William Speers Associate Headmaster 50.00 X 144150 0 25853 Elizabeth M Roach Dean of Teaching 50.00 X 113537 0 12000 David McKelvey Dir of Facilities 50.00 X 109547 0 32796 1046778 0 279927 8 0 1 0 Nowland Associates 2009 Ogletown Rd Newark DE 19711 Construction 4197110 Service Unlimited Inc 19 Southgate Blvd New Castle DE 19720 HVAC 150657 Prime Buchholz & Associates Inc PO Box 16011 Lewiston ME 04243 Consulting 140145 Sleepy Hollow Lawn Care & Landscaping 1057 Bayview Road Middletown DE 19709 Landscaping 121436 Zimmerman Studio 1927 S Broad Street 1st Fl Philadelphia PA 19148 Consulting 115644 6 56684 3048626 147460 3105310 TUITION 611600 17670000 17670000 AUXILIARY SERVICES 611600 285820 285820 STUDENT FEES 611600 124651 124651 18080471 2670178 2670178 113486 73059 40427 40427 40427 19377169 10972316 8404853 8404853 8404853 107907 120243 -12336 -12336 OTHER REVENUE 611600 40726 40726 40726 32329629 18121197 0 11103122 6301686 6301686 959766 494057 465709 8459169 7044139 577631 837399 -2790 -2233 -309 -248 1320579 1178130 32402 110047 695633 556731 77056 61846 23092 23092 82545 82545 311687 311687 193358 165616 7742 20000 396180 316971 38713 40496 277426 103807 165444 8175 1041153 793378 247775 156239 130451 3952 21836 70757 39400 26668 4689 2295346 2295346 71790 71790 REPAIRS & MAINTENANCE 2088647 2048699 39948 FOOD SERVICE COSTS 1419118 1419118 Other Miscellaneous Exp 1261362 922251 206373 132738 EQUIPMENT ACQUISITIONS 320971 320771 200 225266 65402 63440 96424 27968980 21898374 4737204 1333402 3470835 4311494 1072773 545817 485066 370875 114390 133600 1726567 1152237 126710225 0 123102047 126710225 66324628 89525799 110764400 98751502 1426522 1426522 1243320 1366246 309730548 324294317 1472572 1818204 2439894 2628409 39145038 39259944 4292030 3096474 47349534 46803031 X 208983489 222085676 3781811 5200185 49615714 50205425 262381014 277491286 309730548 324294317 X 4360649 10858531 -108908 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 179772312 601661 21786896 8040700 194120169 192303625 501832 -5125918 7907227 179772312 198346605 916941 1257775 8217696 192303625 182934698 920529 25061441 10570063 198346605 167987654 5210903 17576980 7840839 182934698 0.72170 0.25860 0.01970 0 0 8028754 8028754 118433893 118433893 247578 247578 126710225 HEDGE FUNDS AND PRIVATE EQUITY @ NAV 98751502 F 98751502 LAND HELD FOR INVESTMENT 1426522 C 1426522 CHARITABLE REMAINDER TRUSTS 1112545 CSV - LIFE INSURANCE POLICIES 253701 1366246 CHARITABLE REMAINDER TRUST 120456 RETIREE INSURANCE OBLIGATION 451924 UNDERFUNDED PENSION LIABILITY 2167268 LIABILITY ON INTEREST RATE SWAP AGREEMENT 356826 3096474 50513207 10858531 7386004 18244535 32268672 60957 60957 32329629 35402935 7494912 7494912 27908023 60957 60957 27968980 Part V, Line 4: The School's endowment fund supports scholarships and operation of the education program. Part XI, Line 2d - Other Adjustments: Endowment draw 7,386,004. Part XI, Line 4b - Other Adjustments: Auxiliary program income 65,155. School Store (net) -12,336. Rodney Point Income 275. Miscellaneous 7,863. Part XII, Line 2d - Other Adjustments: Endowment draw 7,386,004. Pension Funding from Endowment 363,000. Interest Rate Swap -254,092. Part XII, Line 4b - Other Adjustments: Rodney Point Income 275. Auxiliary Program Income 65,155. School Store -12,336. Miscellaneous 7,863. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 Schedule E, Part I, Line 3 Admissions brochures; ADVIS (Association Of Delaware Valley Independent Schools) public information ad carried in numerous area newspapers Caribbean 0 0 InvestmentInvestment 49301022 Europe 0 0 Investment 5904587 Sub-Saharan Africa 0 0 Investment 450325 0 0 0 0 0 0 55655934 0 55655934 1 0 1 1 1 0 Part I, line 3: FMV 1 SCHOLARSHIPS 137 6301686 FMV Part I, Line 2: Scholarship assistance is provided on the basis of need and applicants are evaluated by the School's Financial Aid Committee against established criteria. X X X 1 1 X X X 0 1 0 0 0 0 0 0 0 Daniel T Roach Jr Headmaster 398660 0 0 0 0 0 44500 0 65422 0 508582 0 0 0 Diane L Winiarczyk Chief Financial Officer 161795 0 0 0 0 0 17100 0 63178 0 242073 0 0 0 William Speers Associate Headmaster 144150 0 0 0 0 0 14860 0 13344 0 172354 0 0 0 Part I, Line 1a The School provides housing for the Headmaster as a condition of employment. He is considered to be a key and highly compensated employee and as such is listed on the Form 990, Part VII. Part I, Line 4b The Headmaster, Daniel T. Roach, Jr. is a participant in a nonqualified Section 457 Plan. The School made a contribution of $18,000 during the year ended 6/30/17. A A Delaware Economic Development Authority 510269736 246387PG3 2010-11-10 24262811 Refinance Series 2004 Bonds & a portion of Series 2008 Bonds 0 0 0 B Delaware Economic Development Authority 510269736 2017-06-01 5000000 Refund outstanding Series 2008 Bonds 0 0 0 C Delaware Economic Development Authority 510269736 2017-06-01 10136000 Refund outstanding Series 2002 Bonds 0 0 0 A 24262811 262811 24000000 2011 1 0 1 1 B 5000000 5000000 1 0 1 1 C 10136000 136000 10000000 1 0 1 1 A 0 0 0 0 0 0 1 B 0 0 0 0 0 0 1 C 0 0 0 0 0 0 1 A 0 0 1 0 0 0 NA 0 0 0 0 1 B 0 1 0 0 1 0 0 0 1 C 0 1 0 0 1 0 0 0 1 A 1 B 1 C 1 X 17 147460 Fair market value 0 1 1 Part I, Line 32b: The School uses a brokerage account with an unrelated financial institution to process non-cash contributions of stock. Form 990, Part VI, Section A, line 2 Some Trustees have a common family relationship. Form 990, Part VI, Section B, line 11b Form 990 is reviewed by the CFO, the COO, the Chair of Finance Committee and the Board Chair. It is then made available to all Board Members prior to filing. Form 990, Part VI, Section B, line 12c Trustees are required to annually sign conflict of interest statements and disclose any known or potential conflicts of interest in these statements. Form 990, Part VI, Section B, line 15 St. Andrew's School's Trustees are all independent of the School's paid employees. Annually, the Trustees will make compensation decisions for its employees with no input from the employees themselves. Employees are not present when votes on compensation decisions are held and those votes are formally documented in the meeting minutes within one week of the meeting. The Trustees' decisions are based on their extensive knowledge and experience with compensation practices of other comparable organizations. Form 990, Part VI, Section C, line 19 There currently exists no legal requirement to make governing documents, conflict of interest policies or audited financial statements publicly available. St. Andrew's School of DE, Inc. has never received a request for information of this type. If any requests for this information should be received, they would be evaluated by the Trustees on a case by case basis. In general, the Trustees believe that the information available on this form would be more than sufficient to respond to most legitimate inquiries. Form 990, Part XI, line 9: Interest rate swap adjustment 254,092. Pension funding from endowment -363,000. Form 990, Part XI, Line 2c: The School has an Audit & Finance Committee that assumes responsibility for oversight of the financial statement audit and the selection of the independent auditors. St Anne's Episcopal School Inc 211 Silver Lake Road Middletown DE 19709 510404800 Educational Institution DE 501(c)(3) 509(a)(1) 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 1 0 St Anne's Episcopal School Inc J 1 CONTRACT AGREEMENT St Anne's Episcopal School Inc R 240587 FMV