2016-11-14T12:33:44-06:00 2016-06-30 946214841 Armanino LLP 50 W San Fernando St Ste 500 San Jose CA 95113 990 2015-07-01 942599581 International School of the Peninsula INTE 6502518500 151 Laura Lane Palo Alto CA 943033221 PHILIPPE DIETZ Head of School 6502518525 2016-11-04 1 Lawrence S Kuechler P00365375 4082006400 2016-11-04 2015 2017-02-10 21:41:12Z Philippe Dietz 151 Laura Lane Palo Alto CA 943033221 17330124 0 X www.istp.org X 1979 CA To educate students through a rigorous and dynamic bilingual program. 19 18 210 250 0 0 1520157 1312013 15348593 15713832 221280 121386 30243 36300 17120273 17183531 861396 744607 0 0 10475177 10716871 0 0 557709 4921486 4815377 16258059 16276855 862214 906676 29705730 30364337 20363770 20421779 9341960 9942558 X The International School of the Peninsula educates students through a rigorous and dynamic bilingual program, inspiring them to develop an inquisitive and responsible international mindset. 0 0 11986170 744607 15713832 In nursery through kindergarten, students are immersed in French or Chinese for 80% of their instructional time. In the first through fifth grades, French Program students spend between 65-80% of their instructional time in French. The French curriculum follows guidelines from the French Ministry of Education, allowing students to continue their studies on grade level in any French school in the world after they leave ISTP. In the first through fifth grades, Mandarin Program students spend 50% of their instructional time in Mandarin.The sixth through eighth grade Middle School combines both the Chinese and French Programs to create an international middle school. Students from both programs are mixed for classes taught in English and separated for classes taught in Chinese or French. The middle school program prepares students for success in American or French high schools.Total of 565 students were served during the year. 11986170 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 1 0 1 0 1 0 0 0 1 0 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 11 0 210 1 0 1 FR 0 0 0 1 1 0 0 0 0 X 19 18 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X Diane Morris CFO 6502518525 151 Laura Lane Palo Alto CA 94303 Sophie Bromberg Board Chair 4.00 X X 0 0 0 Stephen Kim Vice Chair 3.00 X X 0 0 0 Karen Melchior trustee 2.00 X 0 0 0 Jean Viret trustee 2.00 X 0 0 0 Himanshu Dwivedi Trustee 2.00 X 0 0 0 Terri Kalia Trustee 2.00 X 0 0 0 Celine Boutte secretary 2.00 X X 0 0 0 Lloyd Kurtz Trustee 2.00 X 0 0 0 Gary Meeker Trustee 2.00 X 0 0 0 Chris Cooper Trustee 2.00 X 0 0 0 Kristine Lui Trustee 2.00 X 0 0 0 Suzanne O'brien Trustee 2.00 X 0 0 0 Victor Perlroth Trustee 2.00 X 0 0 0 Kian Wright Trustee 2.00 X 0 0 0 Brad Vollmer treasurer 2.00 X X 0 0 0 Philippe Dietz Head of School 40.00 X X 396988 0 32649 Alan Seem trustee 2.00 X 0 0 0 Ouliana bonnet trustee 2.00 X 0 0 0 Lisa Lee trustee 2.00 X 0 0 0 Francois Guedenet Director of Finance 40.00 X 205413 0 23228 Katharine Lussen Assistant Head of School 40.00 X 153041 0 19562 Patricia Colin-groleau Director of Development 40.00 X 147897 0 19148 Barbara Greiner Middle School Prin. 40.00 X 139320 0 18486 Patricia Majorel Early Years Princ. 40.00 X 133816 0 18081 Chris Liviccari Lower School Principal 40.00 X 130634 0 15381 1307109 0 146535 11 0 1 0 GB Construction 488 Second Ave Redwood City CA 94063 General Contractor 164150 1 289169 1022844 136850 1312013 Tuition & student fees 611600 14892680 14892680 Fees and other 611710 501089 501089 After-school classes 611600 195724 195724 Child care 611710 122439 122439 Summer program 611600 1900 1900 15713832 143556 143556 22170 -22170 -22170 -22170 160723 289169 124423 36300 36300 17183531 15713832 0 157686 744607 744607 667444 567444 100000 8054083 6026900 1720716 306467 345722 324720 362 20640 1015812 827446 171236 17130 633810 487608 115107 31095 74083 74083 61415 61415 82377 82377 157633 157633 244551 244551 24892 24892 1287136 1158422 128714 141030 62055 78975 165915 165915 424034 381631 42403 701630 631467 70163 298066 268259 29807 Field Trips & Other Act 476574 476574 Supplies & Equipment 383963 383963 Professional developmen 163266 96565 66701 After School Program 112877 112877 15935 3076 12859 16276855 11986170 3732976 557709 92626 91094 9748654 10920472 405875 174375 42795 45533 55250 318930 226365 20533438 7376937 13271883 13156501 5696531 5575272 128436 119475 29705730 30364337 2073534 1858166 9549743 10181222 8690000 8295000 50493 87391 20363770 20421779 X 4671235 6108433 2112302 1212100 2558423 2622025 9341960 9942558 29705730 30364337 X 906676 -305804 -274 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3543523 63602 -153945 3453180 3359022 90834 93667 3543523 2932833 113451 411999 99261 3359022 2625308 62115 245411 2932833 2354468 221719 49121 2625308 0.75930 0.24070 0 0 4689508 4689508 10999970 3404438 7595532 1827005 1420556 406449 2865101 2426090 439011 151854 125853 26001 13156501 Bond reserves 867545 F Equity and bond funds 4707727 F 5575272 Capital lease 87391 87391 X 16132846 -306078 -744607 -1050685 17183531 0 17183531 15532248 0 15532248 744607 744607 16276855 Part V, Line 4: The earnings from the endowment funds will be used to further the mission of the school by providing operating funds and additional funds to help provide a better education for the students. We have several endowment funds. The CDG Fund is intended to generate unrestricted income. We have two scholarship/financial aid funds and one art fund. These will eventually generate income to help those areas of our budget and are restricted to those areas. Part X, Line 2: The School has evaluated its current tax positions and has concluded that as June 30, 2016, the School does not have any significant uncertain tax positions for which a reserve would be necessary. Part XI, Line 2d - Other Adjustments: Scholarship Expenses -744,607. Part XII, Line 4b - Other Adjustments: Scholarship Expenses 744,607. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 Schedule E, Part I, Line 3 The California Association of School Business Officers publishes in local newspapers a joint statement regarding nondiscrimination. Europe (Including Iceland & Greenland) - Albania, Andorra, Austria, Belgium 0 0 Program Services Purchase textbooks and supplies; academic fieldtrips 23494 East Asia and the Pacific - Australia, Brunei, Burma, Cambodia, 0 0 Program Services Purchase textbooks and supplies; academic fieldtrips 6692 0 0 0 0 0 0 30186 0 30186 0 0 0 0 0 0 Part I, Line 2: The School purchases supplies and textbooks from France, China, and Taiwan to support its multilingual education programs. The School organizes overnight field trips to France and China as part of its academic and enrichment programs. Part I, line 3: cash Soiree du Vin 120475 66202 54273 16089 35853 Gala 329417 222967 106450 38658 33823 449892 289169 160723 54747 69676 124423 36300 1 Student scholarships 71 744607 FMV Part I, Line 2: The school credits the student's account with the scholarships that they receive. X 1 1 X X X X X X 0 0 0 0 0 0 0 0 0 Philippe Dietz Head of School 336988 0 60000 0 0 0 23800 0 8849 0 429637 0 0 0 Francois Guedenet Director of Finance 205413 0 0 0 0 0 14379 0 8849 0 228641 0 0 0 Katharine Lussen Assistant Head of School 153041 0 0 0 0 0 10713 0 8849 0 172603 0 0 0 Patricia Colin-groleau Director of Development 147897 0 0 0 0 0 10353 0 8795 0 167045 0 0 0 Barbara Greiner Middle School Prin. 139320 0 0 0 0 0 9752 0 8734 0 157806 0 0 0 Patricia Majorel Early Years Princ. 133816 0 0 0 0 0 9367 0 8714 0 151897 0 0 0 Part I, Line 1a The Head of School was given a $5,600 discretionary spending account for school related expenses only. A California Statewide Communities Development Authority 680164610 1309115X4 2006-11-02 11259700 Refund of 1999 year issue 0 0 0 A 2950000 11245000 867035 11035650 224050 2000 0 1 1 1 A 0 0 0 0 0 0 0 A 0 0 0 1 0 0 0 0 0 A 0 SCHEDULE K, PART II, LINE 2C All bond proceeds were spent for advance refund of the prior issue as of 11/02/2006 . No proceeds were ever invested. X 15 136850 Avg mkt value 0 0 1 0 Part I, Column (b): Number of contributions represent number of donors. Form 990, Part VI, Section B, line 11 There is an Audit Committee and a Finance Committee that reviews the Form 990 first, but the entire Board then receives a copy and approves it before filing. Form 990, Part VI, Section B, line 12c The policy covers all employees, trustees, and contractors. Issues are reported to the Head of School. Trustees are required to fill out a conflict of interest form, which is turned in to the Board secretary who reads and keeps the forms. Board members are reminded to report any relationships that may be in conflict with the policy. Form 990, Part VI, Section B, line 15 Head of School and Chief Financial Officer: Both have local and national comparative data of their peers that is reviewed by the Board for the Head of School and by the Head of School for the Chief Financial Officer. Both processes were undertaken in Spring 2015. Form 990, Part VI, Section C, line 19 The governing documents, conflict of interest policy, and financial statements are available upon request and are on file in the business office. The governing documents and conflict of interest policy are available on the school's website. Form 990, Part XI, line 9: Foreign currency exchange -274. Form 990, Part XII, Line 2c: The process has not changed from the prior year.