2017-02-15T09:16:53-06:00 2016-06-30 231144520 TAIT WELLER & BAKER LLP 1818 MARKET STREET SUITE 2400 PHILADELPHIA PA 19103 990 2015-07-01 221500475 BLAIR ACADEMY BLAI 9083626121 PO BOX 600 BLAIRSTOWN NJ 07825 JAMES FRICK ASSISTANT TREASURER 9083626121 2017-02-15 1 STACY CULLEN P00974308 2159798800 2017-02-14 2015 2021-01-29 14:40:06Z CHRISTOPHER FORTUNATO PO BOX 600 BLAIRSTOWN NJ 07825 41947695 0 X WWW.BLAIR.EDU X 1848 NJ BLAIR ACADEMY SEEKS TO ENROLL TALENTED YOUNG MEN AND WOMEN FROM DIVERSE BACKGROUNDS. IN A RESIDENTIAL SETTING, BLAIR ACADEMY IS COMMITTED TO PROVIDE A LIBERAL ARTS EDUCATION AND TO PROMOTE THE DEVELOPMENT OF PERSONAL AND INTELLECTUAL DISCIPLINE AS PREPARATION FOR CONTINUED STUDY AT SELECTIVE COLLEGES AND FOR A LIFE OF RESPONSIBLILTY AND SERVICE. 27 27 227 27 603972 -890975 8669111 10815868 23906943 25096239 12038521 1221038 703330 616184 45317905 37749329 5165695 5474690 0 0 13482586 13947374 0 0 2815394 11512447 11383210 30160728 30805274 15157177 6944055 181789403 184459877 32561107 31319996 149228296 153139881 X BLAIR ACADEMY IS A COEDUCATIONAL BOARDING SCHOOL LOCATED 65 MILES WEST OF NEW YORK CITY IN THE FOOTHILLS OF THE POCONO MOUNTAINS. IN ITS 163RD YEAR, BLAIR CONTINUES TO OFFER A SUPERIOR ACADEMIC COLLEGE-PREPARATORY PROGRAM WHILE HOLDING FIRMLY TO ITS TRADITION OF BEING A COMMUNITY FULLY FOCUSED ON THE DEVELOPMENT OF EACH INDIVIDUAL STUDENT. IN THIS ENVIRONMENT, STUDENTS LEARN TO ADVOCATE FOR THEMSELVES, BECOME SERVICE-MINDED, AND DEVELOP THE LEADERSHIP SKILLS NECESSARY FOR SUCCESS IN COLLEGE AND BEYOND. 0 0 25433799 5474690 25096239 BLAIR ACADEMY SERVES 460 STUDENTS FROM 26 COUNTRIES AND 20 DIFFERENT STATES. BLAIR OFFERS A RICH AND CHALLENGING CURRICULUM, WORLD CLASS PROGRAMS FOR ATHLETES AND ARTISTS OF ALL ABILITIES AND AN ARRAY OF MEANINGFUL LEADERSHIP, TRAVEL, AND SERVICE OPPORTUNITIES. WE INVEST IN DISCOVERING AND UNDERSTANDING OUR STUDENTS' TALENTS, INTERESTS AND PERSONALITIES. 25433799 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 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 51 0 1 227 1 1 1 0 0 0 0 0 0 0 0 0 X 27 27 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NJ X JAMES A FRICK 9083626121 BLAIR ACADEMY BLAIRSTOWN NJ 07825 DOUGLAS W KIMMELMAN CHAIRMAN 5.00 X X 0 0 0 DOMINICK J ROMANO VICE CHAIRMAN AND TREASURE 5.00 X X 0 0 0 ANNE E CRAMER SECRETARY 5.00 X X 0 0 0 EMMANUEL BELLO TRUSTEE 5.00 X 0 0 0 LAI YUEN CHIANG TRUSTEE 5.00 X 0 0 0 SINGLETON A COX TRUSTEE 5.00 X 0 0 0 RICHARD R GRABER TRUSTEE 5.00 X 0 0 0 REV DAVID G HARVEY TRUSTEE 5.00 X 0 0 0 DAVID G JANUSZEWKSI TRUSTEE 5.00 X 0 0 0 JAMES P JENKINS TRUSTEE 5.00 X 0 0 0 SUSAN R KAHN BERMAN TRUSTEE 5.00 X 0 0 0 CORAY S KIRBY TRUSTEE 5.00 X 0 0 0 MARIANNE LIEBERMAN TRUSTEE 5.00 X 0 0 0 G DAVID MACEWEN TRUSTEE 5.00 X 0 0 0 MARK D MOON TRUSTEE 5.00 X 0 0 0 KEITH H RAUSCHENBACH TRUSTEE 5.00 X 0 0 0 MARIA V SAVETTIERE TRUSTEE 5.00 X 0 0 0 ROBIN J SCHEMAN TRUSTEE 5.00 X 0 0 0 CORNELIUS E SIGETY TRUSTEE 5.00 X 0 0 0 ROBERT G SIGETY TRUSTEE 5.00 X 0 0 0 ALEXANDER J SLOANE TRUSTEE 5.00 X 0 0 0 HOBART D VAN DEUSEN TRUSTEE 5.00 X 0 0 0 RICHARD W WENNER TRUSTEE 5.00 X 0 0 0 AMELIA C WOLFE TRUSTEE 5.00 X 0 0 0 KURT A BAKER TRUSTEE 5.00 X 0 0 0 ELISE BATES RUSSELL TRUSTEE 5.00 X 0 0 0 ROBERT C DUGHI TRUSTEE 5.00 X 0 0 0 CHRISTOPHER FORTUNATO HEAD OF SCHOOL 40.00 X 343310 0 59010 JAMES A FRICK ASST. TREASURER AND ASST. 40.00 X 317757 0 93821 LEWIS M STIVAL FACULTY 40.00 X 135563 0 41450 RYAN PAGOTTO FACULTY 40.00 X 137390 0 50310 RACHEL E STONE STAFF 40.00 X 131041 0 34816 PETER CURRAN FACULTY 40.00 X 130309 0 44485 CRAIG HALL ADVANCEMENT 40.00 X 234758 0 26010 1430128 0 349902 12 0 1 0 SAGE DINING 1402 YORK ROAD LUTHERVILLETIMONIUM MD 21093 FOOD SERVICE 2423807 DAMON G DOUGLAS COMPANY 28 WORLDS FAIR DRIVE SUITE A SOMERSET NJ 08873 CONSTRUCTION 2174184 CSI INTERNATIONAL 6700 N ANDREWS AVENUE FT LAUDERDALE FL 33309 HOUSEKEEPING SERVICES 776457 SHAWN BALDWIN BUILDING 84 BELCHER RD BLAIRSTOWN NJ 07825 CONSTRUCTION 732291 HQW ARCHITECTS 124 MAIN ST NEWTON NJ 07860 ARCHITECTS 515489 16 10815868 723692 10815868 TUITION/FEES 611600 24547005 24547005 SUPPORT SERVICES 611710 549234 549234 25096239 959170 959170 22053 0 22053 22053 22053 4460234 3657313 541053 802921 -541053 261868 261868 SUMMER PROGRAMS 611710 534594 534594 GOLF & TENNIS 713910 47325 47325 12212 12212 594131 37749329 25108451 603972 1221038 5474690 5474690 733999 733999 9185691 7277161 927943 980587 678810 599262 79548 2649517 1928217 418736 302564 699357 522053 106958 70346 61513 61513 42250 42250 3725862 3109219 51639 565004 1449654 1449654 132470 76564 55906 623958 623958 2677758 2677758 303436 303436 CUSTODIAL SERVICES 768516 768516 OUTSIDE SERVICES 639575 527970 111605 PROPERTY TAXES 48615 48615 909603 19527 240242 649834 30805274 25433799 2556081 2815394 10083102 10291524 7930609 7454511 592404 471354 1339039 824082 110019911 35061608 72720117 74958303 52548862 52715597 33892185 35150536 2683085 2593970 181789403 184459877 1369441 1346715 3492837 3712858 27698829 26260423 32561107 31319996 X 79832366 83778434 28822808 26533108 40573122 42828339 149228296 153139881 181789403 184459877 X 6944055 -2943355 -89115 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 88431897 3355720 -5260873 86526744 88892362 3670594 -4131059 88431897 76455976 1634046 10802340 88892362 68046201 1651476 6758299 76455976 67513073 3908356 -3375228 68046201 0.30230 0.49490 0.20280 0 0 1553144 1553144 99469201 28550954 70918247 7481362 6510654 970708 1516204 1516204 74958303 ALTERNATIVE INVESTMENTS 35150536 F 35150536 X 29331284 -2943355 -2943355 32274639 5474690 5474690 37749329 25330584 0 25330584 5474690 5474690 30805274 PART X, LINE 2: MANAGEMENT HAS REVIEWED THE TAX POSITIONS FOR EACH OF THE OPEN TAX YEARS (JUNE 30, 2013 - JUNE 30, 2015) OR EXPECTED TO BE TAKEN IN THE ACADEMY'S TAX RETURN FOR THE YEAR ENDED JUNE 30, 2016 AND HAS CONCLUDED THAT THERE ARE NO SIGNIFICANT UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE RECOGNITION IN THE FINANCIAL STATEMENTS. PART XI, LINE 4B - OTHER ADJUSTMENTS: STUDENT AID NETTED AGAINST STUDENT TUITION AND FEES ON FINANCIAL STATEMENTS 5,474,690. PART XII, LINE 4B - OTHER ADJUSTMENTS: STUDENT AID NETTED AGAINST STUDENT TUITION AND FEES ON FINANCIAL STATEMENTS 5,474,690. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 NEWSPAPER ADVERTISEMENT AS WELL AS A STATEMENT IN ALL APPROPRIATE PUBLICATIONS (SEE CATALOGUE). EAST ASIA AND THE PACIFIC 0 0 FUNDRAISING 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 NEED BASED FINANCIAL ASSISTANCE 161 5474690 PART I, LINE 2: STUDENT AID AMOUNTS ARE APPLIED AGAINST TUITION COSTS. X X X X X 1 1 X X X 0 0 0 0 0 0 0 0 0 CHRISTOPHER FORTUNATO HEAD OF SCHOOL 343310 0 0 0 0 0 24300 0 34710 0 402320 0 0 0 JAMES A FRICK ASST. TREASURER AND ASST. 317757 0 0 0 0 0 22573 0 71248 0 411578 0 0 0 LEWIS M STIVAL FACULTY 135563 0 0 0 0 0 13025 0 28425 0 177013 0 0 0 RYAN PAGOTTO FACULTY 137390 0 0 0 0 0 13750 0 36560 0 187700 0 0 0 RACHEL E STONE STAFF 131041 0 0 0 0 0 12225 0 22591 0 165857 0 0 0 PETER CURRAN FACULTY 130309 0 0 0 0 0 9888 0 34597 0 174794 0 0 0 CRAIG HALL ADVANCEMENT 234758 0 0 0 0 0 5700 0 20310 0 260768 0 0 0 A NJ ECONOMIC DEVELOPMENT AUTHORITY 222045817 2014-10-29 19825000 REFUND PRIOR ISSUE 2007 BONDS. CONSTRUCT ATHLETIC FACILITY. 0 0 0 B NJ ECONOMIC DEVELOPMENT AUTHORITY 222045817 2013-05-21 10000000 FUND THE CONSTRUCTION OF TWO NEW DORMITORIES AND SIX NEW FACULTY RESIDENCES 0 0 0 A 19825000 19825000 0 1 1 1 B 5000000 153 121018 4878829 0 0 1 1 A 0 0 0 0 0 0 0 B 0 0 0 0 0 0 0 A 0 0 0 0 1 0 0 0 0 B 0 0 0 0 0 0 0 0 0 A 0 B 0 X 34 723692 SALE OF STOCK 0 1 1 PART I, LINE 32B: THE ORGANIZATION USES THE SERVICES OF AN OUTSIDE BROKERAGE TO RECEIVE AND SELL STOCK GIFTS. FORM 990, PART VI, SECTION A, LINE 2 TRUSTEES ROBERT AND CORNELIUS SIGETY ARE BROTHERS. FORM 990, PART VI, SECTION B, LINE 11 THE 990 REVIEW PROCESS INVOLVES A THOROUGH REVIEW BY THE EXECUTIVE COMMITTEE AND BUDGET/AUDIT COMMITTEE OF THE BOARD OF TRUSTEES PRIOR TO SUBMISSION OF THE RETURN. ANY QUESTIONS OR CONCERNS THAT ARISE FROM THIS REVIEW ARE BROUGHT TO THE ATTENTION OF THE EXECUTIVE COMMITTEE. THE COMPLETED 990 TAX RETURN IS SHARED WITH THE ENTIRE BOARD OF TRUSTEES FOR THEIR REVIEW AND COMMENT PRIOR TO SUBMISSION. FORM 990, PART VI, SECTION B, LINE 12C EACH INDIVIDUAL OF THE BOARD OF TRUSTEES ANNUALLY RECEIVES A COPY OF THE CONFLICT OF INTEREST POLICY AND IS REQUIRED TO REVIEW THE POLICY AND REPORT ANY POSSIBLE CONFLICTS. COPIES OF ALL CONFLICT OF INTEREST RESPONSES ARE SENT TO SECRETARY OF THE BOARD FOR REVIEW AND RESPONSE IF NECESSARY. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES ANNUALLY REVIEWS THE COMPENSATION OF THE HEADMASTER IN RELATION TO A PEER GROUP OF SCHOOLS AND BASED UPON THIS ANALYSIS IN CONJUNCTION WITH A BI-ANNUAL PERFORMANCE EVALUATION THE COMPENSATION LEVEL IS ESTABLISHED. THE COMPENSATION LEVEL ESTABLISED BY THE COMMITTEE, FOR THE HEADMASTER, IS SHARED WITH THE REMAINDER OF THE BOARD OF TRUSTEES. THE EXECUTIVE COMMITTEE ALSO REVIEWS ALL ADMINISTRATIVE/KEY EMPLOYEE SALARIES THAT ARE ESTABLISHED BY THE HEADMASTER IN COMPARISON TO A PEER GROUP TO ENSURE THAT THEY ARE COMPARABLE AND COMMENSURATE WITH THE JOB RESPONSIBILITIES OF EACH INDIVIDUAL. ANY CONCERNS BY THE COMMITTEE ARE BROUGHT TO THE ATTENTION OF THE HEADMASTER. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF PERPETUAL TRUST -89,115. FORM 990, PART XI, LINE 2C THE BUDGET COMMITTEE OVERSEES THE AUDIT AND SELECTS THE AUDITORS AT THEIR MEETING IN MAY.