2017-05-15T10:54:24-05:00 2016-06-30 420714325 RSM US LLP 300 SOUTH 4TH STREET SUITE 1200 LAS VEGAS NV 89101 990 2015-07-01 226044616 ALEXANDER DAWSON FOUNDATION ALEX 7027337880 6720 VIA AUSTI PARKWAY SUITE 260 LAS VEGAS NV 89119 KIMBERLEY JOHNSTON TRUSTEE 7027337880 2017-05-11 1 GARY R LAMBRIX CPA P01349556 7027594000 2015 2021-01-29 14:40:06Z OSWALD GUTSCHE 6720 VIA AUSTI PARKWAY SUITE 260 LAS VEGAS NV 89119 66062216 0 X ADSRM.ORG DAWSONSCHOOL.ORG X 1957 NV THE FOUNDATION, A NEVADA CHARITABLE TRUST, WAS ORGANIZED AND IS OPERATED EXCLUSIVELY FOR CHARITABLE AND EDUCATIONAL PURPOSES, ITS MISSION IS TO ESTABLISH, OPERATE AND MAINTAIN AN EDUCATIONAL ORGANIZATION THAT PROVIDES STUDENTS WITH THE HIGHEST QUALITY OF ACADEMIC INSTRUCTION. 7 0 480 35 0 0 1382298 1366010 23530179 23527699 8841494 643648 2634707 38425367 36388678 63962724 3169959 2909033 0 0 13443132 13691932 0 0 93371 15140530 18136902 31753621 34737867 4635057 29224857 230219955 257192734 60920784 61189425 169299171 196003309 X THE MISSION OF THE ALEXANDER DAWSON FOUNDATION IS TO ESTABLISH, OPERATE AND MAINTAIN AN EDUCATIONAL ORGANIZATION THAT WILL PROVIDE STUDENTS WITH THE HIGHEST QUALITY EDUCATION, NURTURE FUTURE LEADERS, PREPARE YOUNG ADULTS TO EXCEL IN COLLEGE AND SOCIETY, AND DEVELOP THE SELF-RESPECT, SELF-DISCIPLINE AND SELF-RELIANCE OF EACH STUDENT BY STRESSING THE VALUE OF HARD WORK AND PERSONAL RESPONSIBILITY AND RESPECT FOR AUTHORITY. 0 0 11403792 1492788 12408831 THE ALEXANDER DAWSON SCHOOL IN BOULDER COUNTY, COLORADO, A $37 MILLION FACILITY BUILT BY THE ALEXANDER DAWSON FOUNDATION IN 1970, PROVIDES A RIGOROUS, COLLEGE PREPARATORY EDUCATIONAL PROGRAM THAT CHALLENGES 516 STUDENTS IN KINDERGARTEN THROUGH GRADE 12 TO ACHIEVE EXCELLENCE IN MIND, BODY AND CHARACTER.DURING THE 2015-2016 SCHOOL YEAR, THE SCHOOL PROVIDED $1,492,788 IN FINANCIAL AID TO 90 DESERVING AND TALENTED STUDENTS WHO OTHERWISE WOULD NOT HAVE BEEN ABLE TO AFFORD A DAWSON EDUCATION. IN JUNE 2016, THE SCHOOL AWARDED DIPLOMAS TO 61 GRADUATES, WHO WERE ACCEPTED TO SUCH COLLEGES AS CALIFORNIA INSTITUTE OF TECHNOLOGY, COLUMBIA UNIVERSITY, CORNELL UNIVERSITY, NEW MEXICO INSTITUTE OF MINING AND TECHNOLOGY, UNIVERSITY OF SOUTHERN CALIFORNIA, VANDERBILT UNIVERSITY AND WESLEYAN UNIVERSITY AND WERE OFFERED $5,628,745 IN SCHOLARSHIPS. IN ADDITION, THE SCHOOL OWNED AND OPERATED A SUMMER CAMP IN 2016 THAT OFFERED INSTRUCTION AND ACTIVITIES IN MUSIC, SPORTS, ACADEMICS, ART, DRAMA, TECHNOLOGY, ENGINEERING AND SCIENCE FOR 1,578 BOYS AND GIRLS. 12892927 1416245 12681871 THE ALEXANDER DAWSON SCHOOL AT RAINBOW MOUNTAIN IN LAS VEGAS, NEVADA, A $39 MILLION FACILITY BUILT BY THE ALEXANDER DAWSON FOUNDATION IN 2000, PROVIDES A NURTURING LEARNING COMMUNITY FOR 533 STUDENTS IN PRE-SCHOOL THROUGH GRADE EIGHT THAT CHALLENGES STUDENTS TO ACHIEVE EXCELLENCE IN MIND, BODY AND CHARACTER. DURING THE 2015-2016 SCHOOL YEAR, THE SCHOOL PROVIDED $1,416,245 IN FINANCIAL AID TO 128 DESERVING AND TALENTED STUDENTS WHO OTHERWISE WOULD NOT HAVE BEEN ABLE TO AFFORD A DAWSON EDUCATION. IN JUNE 2016, THE SCHOOL GRADUATED 49 EIGHTH GRADERS, WHO HAVE GONE ON TO ATTEND LOCAL PUBLIC AND INDEPENDENT HIGH SCHOOLS, AS WELL AS, SUCH BOARDING SCHOOLS AS PHILLIPS EXETER ACADEMY, MISS PORTER'S SCHOOL, THE GOVERNOR'S ACADEMY AND THE TAFT SCHOOL. 784640 0 0 THE ALEXANDER DAWSON FOUNDATION SUPPORTS DAWSON SUMMER INITIATIVE (COLORADO) AND DAWSON COLLEGE BOUND (NEVADA). EACH CONSISTS OF A SUMMER PROGRAM AND A YEAR-ROUND MENTORING PROGRAM CONDUCTED ON EACH SCHOOL CAMPUS. THE PROGRAMS PROVIDE ENRICHING, INTELLECTUAL OPPORTUNITIES FOR HIGH-ACHIEVING PUBLIC MIDDLE SCHOOL STUDENTS AT NO COST TO THE PARTICIPANTS. TRANSPORTATION AND MEALS ARE ALSO PROVIDED AT NO COST. DAWSON SUMMER INITIATIVE IS AN ENRICHMENT PROGRAM FOR HIGH-ACHIEVING PUBLIC SCHOOL STUDENTS CURRENTLY IN GRADES 6 AND 7. 150 STUDENTS FROM OVER 25 SCHOOLS IN BOULDER COUNTY AND SURROUNDING AREAS ATTENDED 5 WEEKS OF INTENSIVELY COLLABORATIVE, HANDS-ON STUDY OF A PARTICULAR THEME. THE PROGRAM IS HELD AT THE LAFAYETTE CAMPUS AND PROVIDES OPPORTUNITIES FOR INQUISITIVE STUDENTS TO MEET OTHER STUDENTS FROM MANY DIFFERENT SCHOOLS, DELVE INTO ONE OF THE MOST TALKED ABOUT TOPICS IN THE NEWS, AND IDENTIFY REAL-WORLD SOLUTIONS. DAWSON COLLEGE BOUND IS AN INITIATIVE THAT PROVIDES LONG-TERM ACADEMIC ENRICHMENT AND MENTORSHIP TO HIGH-ACHIEVING, LAS VEGAS AREA PUBLIC SCHOOL YOUTH AS A BRIDGE TO COLLEGE. PUBLIC SCHOOL MIDDLE SCHOOL STUDENTS BEGIN THEIR PARTICIPATION FOLLOWING 6TH GRADE AND PROGRESS THROUGH THE PROGRAM DURING MIDDLE AND HIGH SCHOOL YEARS. ACTIVITIES INCLUDED A MONTH-LONG SUMMER PROGRAM, WEEKEND WORKSHOPS, SCHOOL FAIRS, SOCIAL EVENTS AND ACADEMIC ADVISING. DURING 2015, 120 STUDENTS PARTICIPATED. 25081359 1 1 0 0 0 0 1 0 0 1 1 1 0 0 1 0 0 1 1 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 89 0 1 480 1 0 0 0 0 0 0 0 0 0 0 X 7 0 0 1 1 0 0 1 0 1 1 0 0 1 1 1 1 1 1 0 1 0 X KIMBERLEY JOHNSTON ALEXANDER DAWSON FOUNDATION 7027337880 6720 VIA AUSTI PARKWAY SUITE 260 LAS VEGAS NV 89119 FARROW J SMITH TRUSTEE 5.00 X 24000 121700 0 JOHN D O'BRIEN TRUSTEE 10.00 X 15000 369867 0 KIMBERLEY JOHNSTON TRUSTEE, SECRETARY 40.00 X X 229044 148300 42157 OSWALD GUTSCHE TRUSTEE, CHAIRMAN, TREASURER 40.00 X X 349247 173800 44343 SUSAN W BORST TRUSTEE 5.00 X 15000 33000 0 LISA EYLER TRUSTEE 5.00 X 15000 18000 0 W HUNTER CAMPBELL TRUSTEE, GENERAL COUNSEL 10.00 X 15000 100500 0 DALJIT SOHI HEADMASTER 40.00 X 390900 0 13288 ROXANNE STANSBURY HEAD OF LOWER SCHOOL 40.00 X 124546 0 13977 MATT MERRITT DIRECTOR OF EDUCATION 40.00 X 118552 0 3855 GEORGE MOORE HEAD OF SCHOOL 40.00 X 275506 0 48870 HEATHER MOCK HEAD OF MIDDLE SCHOOL 40.00 X 136876 0 17569 1708671 965167 184059 7 0 1 0 0 97925 1268085 5096 1366010 TUITION & FEES 541900 23527699 23527699 23527699 2649769 2649769 14437 0 14437 14437 14437 2006121 -2006121 -2006121 -2006121 362983 97925 93371 269612 269612 INCOME/DISTRIBUTIONS FROM PARTNER 900003 36413347 36413347 OTHER PROGRAM FEES 900099 1097224 1097224 ASSETS RELEASED FROM RESTRICTION 900099 395142 395142 235605 235605 38141318 63962724 24624923 0 37971791 2909033 2909033 12256441 9758849 2497592 438289 368316 69973 997202 744644 252558 361764 361764 3411079 769287 2641792 248831 248831 1680845 379400 1301445 545074 54756 490318 57040 57040 523849 290249 233600 2402425 2402425 2234756 2234756 1519547 1065158 454389 FOOD EXPENSES 1482071 1482071 0 SCHOOL EXPENSES 1415680 1344560 71120 REPAIRS & MAINTENANCE 1043200 1009774 33426 TELEPHONE & UTILITIES 331152 209033 122119 879589 59048 727170 93371 34737867 25081359 9563137 93371 1943265 32640078 962230 3766924 159733 106864 0 8252429 595596 76065374 41407224 34625563 34658150 10673391 9933905 169556368 164168788 12299405 3070000 230219955 257192734 2085819 2060721 48395000 48395000 10439965 10733704 60920784 61189425 X 161946616 183875741 1990625 6850540 5361930 5277028 169299171 196003309 230219955 257192734 X 29224857 -6786230 -530940 4796451 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 2 1 0 60.00 2000 5611930 5096 90000 5527026 6100653 47163 535886 5611930 5638532 96248 382872 17000 6100653 3437886 2053666 172160 17000 5638532 1624701 1789675 40595 17085 3437886 0 0 3150249 3150249 59786859 30808529 28978330 6565397 5179611 1385786 6562869 5419084 1143785 34658150 INVESTMENT IN ALEXANDER DAWSON, INC. 35301532 F INVESTMENT IN LIMITED LIABILITY COMPANIES 1669271 F MARKETABLE SECURITIES 66051248 F ALTERNATIVE INVESTMENTS 24541552 F EQUITY SECURITIES 26620095 F REAL ESTATE 9985090 F 164168788 STUDENT DEPOSITS 9661198 INTEREST EXPENSE PAYABLE 492347 DEBT SERVICE FORWARD DEFERRED REVENUE 561216 DEFERRED COMPENSATION 18943 10733704 PART II, LINE 3: LAND ON BALANCE SHEET - NO FOOTNOTE PART V, LINE 4: THE FOUNDATION'S ENDOWMENT IS THE DONALD B. OZMUN SCHOLARSHIP FOR PERSONAL EXCELLENCE. THE DONOR CONTRIBUTED $250,000 FOR THE PURPOSE OF ENDOWING A SCHOLARSHIP TO ONE STUDENT AT THE ALEXANDER DAWSON SCHOOL IN LAS VEGAS. THE SCHOLARSHIP ALLOWS ONE STUDENT TO ATTEND THE SCHOOL EACH ACADEMIC YEAR. THE CHILD SHALL BE A CHILD OF AN EMPLOYEE OF THE POLICE, PARAMEDIC OR FIRE DEPARTMENT OF LAS VEGAS OR ITS SURROUNDING COMMUNITIES. THE FUND WILL SATISFY THE COST OF TUITION PLUS UP TO $500 FOR UNIFORMS, BOOKS, ETC. IT IS EXPECTED THAT THE FUND CREATE SUFFICIENT INCOME TO SATISFY THE ANNUAL COMMITMENT AND THE PRINCIPAL OF THE FUND WILL BE PRESERVED TO ALLOW THE SCHOLARSHIP TO BE FUNDED IN PERPETUITY. THE DAWSON ENDOWMENT WILL ALLOW DAWSON TO RELY ON THE ANNUAL INCOME FROM PERMANENTLY INVESTED FUNDS, RELIEVING PRESSURE ON TUITION AND THE DAWSON ANNUAL FUND. TO BE COMPETITIVE WITH THE LEADING COLLEGE PREPARATORY SCHOOLS, DAWSON MUST: -CONTINUE TO CREATE INNOVATIVE PROGRAMS -ATTRACT EXCEPTIONAL, MOTIVATED AND NATURALLY CURIOUS STUDENTS, REGARDLESS OF FINANCIAL NEED, AND -RECRUIT, REWARD, AND RETAIN THE MOST TALENTED AND EXPERIENCED TEACHERS. FUNDS CONTRIBUTED TO THE ENDOWMENT CAMPAIGN WILL GIVE DAWSON THE RESOURCES TO ENSURE FACULTY, STAFF AND ACADEMIC EXCELLENCE. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 AUCTION 228749 42675 186074 0 500 0 10000 0 15795 GALA 160248 38000 122248 4200 0 5000 15244 0 21820 4 71911 17250 54661 0 0 0 5997 0 14815 460908 97925 362983 4200 500 5000 31241 52430 93371 269612 1 FINANCIAL AID - COLORADO 90 1492788 FMV FINANCIAL AID IS OFFERED BASED UPON PROVEN NEED AND AVAILABLE FUNDS. THE SCHOOLS UTILIZE A STANDARD SUBMISSION FORMAT FOR ALL FINANCIAL AID APPLICATIONS. THE SERVICE PROVIDES A NEED-BASED FINANCIAL ANALYSIS SERVICE WHICH INCLUDES A RECOMMENDATION OF WHAT A FAMILY SHOULD REASONABLY CONTRIBUTE TOWARD TUITION. RESULTS ARE REVIEWED BY THE FINANCIAL AID COMMITTEE WHICH MAKES RECOMMENDATIONS BASED ON THE YEAR'S BUDGET. UPON APPROVAL, FINANCIAL AID OFFERS ARE EXTENDED TO THE FAMILIES. FINANCIAL AID - LAS VEGAS 128 1416245 FMV FINANCIAL AID IS OFFERED BASED UPON PROVEN NEED AND AVAILABLE FUNDS. THE SCHOOLS UTILIZE A STANDARD SUBMISSION FORMAT FOR ALL FINANCIAL AID APPLICATIONS. THE SERVICE PROVIDES A NEED-BASED FINANCIAL ANALYSIS SERVICE WHICH INCLUDES A RECOMMENDATION OF WHAT A FAMILY SHOULD REASONABLY CONTRIBUTE TOWARD TUITION. RESULTS ARE REVIEWED BY THE FINANCIAL AID COMMITTEE WHICH MAKES RECOMMENDATIONS BASED ON THE YEAR'S BUDGET. UPON APPROVAL, FINANCIAL AID OFFERS ARE EXTENDED TO THE FAMILIES. X 0 1 X X X 0 0 0 0 0 0 0 0 0 JOHN D O'BRIEN TRUSTEE 15000 369867 0 0 0 0 0 0 0 0 15000 369867 0 0 KIMBERLEY JOHNSTON TRUSTEE, SECRETARY 205044 148300 0 0 24000 0 0 0 42157 0 271201 148300 0 0 OSWALD GUTSCHE TRUSTEE, CHAIRMAN, TREASURER 325247 173800 0 0 24000 0 0 0 44343 0 393590 173800 0 0 DALJIT SOHI HEADMASTER 366900 0 0 0 24000 0 0 0 13288 0 404188 0 0 0 GEORGE MOORE HEAD OF SCHOOL 258006 0 0 0 17500 0 0 0 48870 0 324376 0 0 0 HEATHER MOCK HEAD OF MIDDLE SCHOOL 119376 0 0 0 17500 0 0 0 17569 0 154445 0 0 0 PART I, LINE 1B THE HEAD OF SCHOOL OF THE NEVADA SCHOOL IS REQUIRED TO LIVE IN THE FOUNDATION OWNED RESIDENCE PER HIS/HER EMPLOYMENT CONTRACT. THERE IS NO PERSONAL USE REIMBURSEMENT. A CLARK COUNTY NEVADA ECONOMIC DEVELOPMENT 886000028 180858AV4 2006-07-01 7865000 ADVANCE REFUND OF THE COUNTY'S OUTSTANDING ECONOMIC DEVELOPMENT BONDS 0 0 0 B CLARK COUNTY NEVADA ECONOMIC DEVELOPMENT 886000028 180858AU6 2006-07-01 24820000 ADVANCE REFUND OF THE COUNTY'S OUTSTANDING ECONOMIC DEVELOPMENT BONDS 0 0 0 C COLORADO EDUCATION AND CULTURAL FACILITIES AUTHORITY 840896727 19645RMF8 2010-10-01 6930000 FINANCE COST OF CERTAIN ADDITIONS 0 0 0 D COLORADO EDUCATION AND CULTURAL FACILITIES AUTHORITY 840896727 19645PMF5 2010-10-01 8780000 FINANCE COST OF CERTAIN ADDITIONS 0 0 0 A 7879781 -14781 7865000 2009 0 0 0 0 B 24866644 -46644 24820000 2009 0 0 0 0 C 6859243 71842 6930000 -1085 2001 0 0 0 0 D 8690353 91021 8780000 -1374 2001 0 0 0 0 A 0 0 0 0 0 0 0 B 0 0 0 0 0 0 0 C 0 0 0 0 0 0 0 D 0 0 0 0 0 0 0 A 0 0 0 0 0 0 0 0 0 B 0 0 0 0 0 0 0 0 0 C 0 0 0 0 0 0 0 0 0 D 0 0 0 0 0 0 0 0 0 A 0 B 0 C 0 D 0 FORM 990, PART VI, SECTION A, LINE 3 THE FOUNDATION DOESN'T HAVE EMPLOYEES TO OPERATE THE FOUNDATION BUT RATHER USES THE EMPLOYEES OF ALEXANDER DAWSON, INC. TO MANAGE AND HANDLE ADMINISTRATIVE DUTIES. FORM 990, PART VI, SECTION A, LINE 4 THE DECLARATION OF TRUST WAS AMENDED AND RESTATED TO UPDATE THE LANGUAGE, STATUTES, ETC. FORM 990, PART VI, SECTION A, LINE 7A THE FOUNDATION TRUSTEES HAVE THE POWER TO APPOINT MORE MEMBERS TO THE FOUNDATION BOARD OF TRUSTEES. FORM 990, PART VI, SECTION B, LINE 11 THE RETURN IS PREPARED FROM DATA GENERATED FROM THE AUDIT AND WITH ADDITIONAL INFORMATION PROVIDED BY THE ORGANIZATION. THE CONTROLLER AND TRUSTEES REVIEW THE RETURN PREPARED BY THE TAX FIRM PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS REVIEWED AND UPDATED ANNUALLY. THE ADMINISTRATORS ADDRESS ANY ISSUES AS THEY ARISE. FORM 990, PART VI, SECTION B, LINE 15B DETERMINING COMPENSATION FOLLOWS A STUDY OF COMPARABLE DATA, COST OF LIVING, AND OTHER DATA. COMPENSATION IS A LARGE COMPONENT OF THE BUDGETING PROCESS AND IS DISCUSSED IN COMMITTEE. FORM 990, PART VI, SECTION C, LINE 19 ORGANIZATIONAL DOCUMENTS ARE MADE AVAILABLE TO THE GENERAL PUBLIC UPON REQUEST ONLY. FORM 990, PART XI, LINE 9: CHANGE IN TEMPORARILY RESTRICTED NET ASSETS 4,881,355. CHANGE IN PERMANENTLY RESTRICTED NET ASSETS -84,904. 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