2017-03-30T15:30:34-05:00 2016-06-30 510232475 Cover & Rossiter PA 62 Rockford Road Wilmington DE 198061004 990 2015-07-01 510079506 St Andrew's School Of Delaware Inc STAN 3023789511 350 Noxontown Road Middletown DE 197091621 Diane Winiarczyk CFO 3023789511 2017-03-27 1 Peter Kennedy P00571422 3026566632 2017-03-27 2015 2021-01-29 14:40:06Z Diane Winiarczyk 350 Noxontown Road Middletown DE 197091621 44971124 0 X www.standrews-de.org X 1929 DE St. Andrew's School is a coed boarding school, grades 9 through 12. 30 29 227 0 0 -171530 3625575 3249161 16039963 17314461 12302904 4865831 92503 77353 32060945 25506806 5723460 6059451 0 0 12099026 12030485 6500 0 1495906 8704488 9599617 26533474 27689553 5527471 -2182747 321262910 309730548 46495291 47349534 274767619 262381014 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 22135526 6059451 17322691 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 15/16, the School enrolled 310 students & graduated 74, of whom all enrolled in college or university. 22135526 1 1 0 0 0 0 0 0 0 1 1 1 1 1 1 1 1 0 1 0 1 0 0 0 1 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 56 0 1 227 1 1 1 1 CJ UK 0 0 0 0 0 0 0 0 X 30 29 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 10.00 X X 0 0 0 Scott M Sipprelle Vice Chair 10.00 X X 0 0 0 Caroline du Pont Prickett Secretary/Treasurer 10.00 X X 0 0 0 Daniel T Roach Jr Headmaster 65.00 X X 404761 0 106097 Sarah F Belk Parent 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 Anne T Egan 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 Rev Wayne P Wright Bishop of Delaware 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 Roberta B Connolly Trustee 5.00 X 0 0 0 Carolyn M Matthews Trustee 5.00 X 0 0 0 Henry du Pont Ridgely Trustee 5.00 X 0 0 0 Diane L Winiarczyk CFO 60.00 X 161378 0 78697 William Speers Associate Headmaster 50.00 X 118500 0 25927 Gordon Brownlee Dir of Advancement 50.00 X 133053 0 19565 Louisa Zendt Dir of Admissions 50.00 X 110425 0 23446 David McKelvey Dir of Facilities 50.00 X 103097 0 24441 1031214 0 278173 6 0 1 0 Nowland Associates 2009 Ogletown Rd Newark DE 19711 Construction 424091 Craig Builders LLC 702 S Cox Street Middletown DE 19709 Construction 328407 Robert J Peoples Inc PO Box 65 New Castle DE 19720 Painting 216310 Voith & Mactavish Architects 2401 Walnut St 6th Floor Philadelphia PA 19103 Architecture 169003 Prime Buchholz & Associates Inc PO Box 16011 Lewiston ME 04243 Consulting 142962 7 37000 19714 3192447 392755 3249161 TUITION 611600 17179114 17179114 STUDENT FEES 611600 125906 125906 AUXILIARY SERVICES 611600 9441 9441 17314461 2333111 2333111 114528 42261 72267 72267 72267 21820644 19287924 2532720 2532720 2532720 11025 37000 10949 76 76 119964 123184 -3220 -3220 OTHER REVENUE 611600 8230 8230 8230 25506806 17322691 0 4934954 6059451 6059451 735617 485210 250407 8151013 6769692 607677 773644 1198280 978256 115705 104319 1295857 1144908 41731 109218 649718 530419 62736 56563 29598 29598 63217 63217 314950 314950 288808 151014 137794 59800 59800 370030 285074 44566 40390 280199 123056 126312 30831 964128 770951 193177 170529 114854 1668 54007 93436 68795 18000 6641 1548150 1548150 85794 85794 REPAIRS & MAINTENANCE 2042755 1932627 110128 FOOD SERVICE COSTS 1370471 1370471 Other Miscellaneous Exp 1305196 914371 248872 141953 EQUIPMENT ACQUISITIONS 371044 371044 241512 65333 57639 118540 27689553 22135526 4058121 1495906 3300995 3470835 1380053 1072773 242709 485066 111999 114390 1621132 1726567 123102047 0 122803515 123102047 74653377 66324628 114517240 110764400 1426522 1426522 1205368 1243320 321262910 309730548 1322990 1472572 1981420 2439894 39166132 39145038 4024749 4292030 46495291 47349534 X 220234456 208983489 5401983 3781811 49131180 49615714 274767619 262381014 321262910 309730548 X -2182747 -9936379 -267479 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 192303625 501832 -5125918 7907227 179772312 198346605 916941 1257775 8217696 192303625 182934698 920529 25061441 10570063 198346605 167987654 5210903 17576980 7840839 182934698 177267986 1877322 -2348121 8809533 167987654 0.71000 0.27600 0.01400 0 0 8028754 8028754 114445595 114445595 627698 627698 123102047 HEDGE FUNDS AND PRIVATE EQUITY @ NAV 110764400 F 110764400 LAND HELD FOR INVESTMENT 1426522 C 1426522 CHARITABLE REMAINDER TRUSTS 1011445 CSV - LIFE INSURANCE POLICIES 231875 1243320 CHARITABLE REMAINDER TRUST 120456 RETIREE INSURANCE OBLIGATION 488251 UNDERFUNDED PENSION LIABILITY 3072405 LIABILITY ON INTEREST RATE SWAP AGREEMENT 610918 4292030 X 22832903 -9936379 7272328 -2664051 25496954 9852 9852 25506806 35219508 7594252 7594252 27625256 64297 64297 27689553 Part V, Line 4: The School's endowment fund supports scholarships and operation of the education program. Part X, Line 2: Line 2: The School has adopted the provisions of FASB ASC 740-10-50, Accounting for Uncertainty in Income Taxes. Management continually evaluates uncertain tax positions and expiring statutes of limitations, audits, proposed settlements, changes in tax law and new authoritative rulings, as applicable. Management's evaluation is that there is no income tax liability. This evaluation is based on settled and established positions within the Internal Revenue Code and management believes there is no significant uncertainty related to its evaluation. Part XI, Line 2d - Other Adjustments: Endowment draw 7,275,861. School Store (net) 3,220. Endowment difference -8,110. Miscellaneous 1,357. Part XI, Line 4b - Other Adjustments: Auxiliary program income 9,441. Rodney Point income 350. Miscellaneous -15. Net fundraising events 76. Part XII, Line 2d - Other Adjustments: Endowment draw 7,275,861. Miscellaneous 1,357. Pension funding from endowment 322,000. School Store (net) 3,220. Endowment difference -8,110. Net fundraising events -76. Part XII, Line 4b - Other Adjustments: Rodney Point income 350. Auxiliary program income 9,441. Miscellaneous -15. Interest rate swap adjustment 54,521. 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 68495335 Europe 0 0 Investment 5988467 Sub-Saharan Africa 0 0 Investment 448496 0 0 0 0 0 0 74932298 0 74932298 1 0 1 0 1 0 Part I, line 3: FMV Golf Tournament 48025 37000 11025 9283 1666 48025 37000 11025 9283 1666 10949 76 1 SCHOLARSHIPS 142 6059451 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 404761 0 0 0 0 0 44500 0 64710 0 513971 0 0 0 Diane L Winiarczyk CFO 161378 0 0 0 0 0 17100 0 62307 0 240785 0 0 0 Gordon Brownlee Dir of Advancement 133053 0 0 0 0 0 11800 0 9261 0 154114 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 6/30/16. A New Castle County Delaware 516000160 2008-12-23 9000000 Planned campus improvements and construction 0 0 0 B Delaware Economic Development Authority 510269736 246387PG3 2010-11-10 24262811 Refinance Series 2004 Bonds & a portion of Series 2008 Bonds 0 0 0 A 4000000 9000000 99633 8900367 2010 0 0 1 1 B 24262811 262811 24000000 2011 1 0 1 1 A 0 0 0 0 0 0 1 B 0 0 0 0 0 0 1 A 0 0 0 1 1 1 Bank of America 15.000000000000 0 0 0 0 1 B 0 0 1 0 0 0 NA 0 0 0 0 1 A 1 B 1 Date Rebate Computation Performed Issuer Name: New Castle County, Delaware Date the Rebate Computation was Performed: 06/30/2013 X 15 392755 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 11 Form 990 is reviewed by the CFO, 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 (the 2015 Form 990) would be more than sufficient to respond to most legitimate inquiries. Form 990, Part XI, line 9: Interest rate swap adjustment 54,521. Pension funding from endowment -322,000. 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 188798 FMV