2015-05-05T14:44:10-05:00 2014-06-30 990 2013-07-01 042103616 Perkins School for the Blind PERK 6179243434 175 North Beacon Street Watertown MA 02472 Lisa A Calise CFO 6179243434 2015-05-05 2013 2016-03-07 17:11:31Z Steven M Rothstein 175 N beacon Street Watertown MA 02472 170563755 0 X www.perkins.org X 1829 MA Perkins School for the Blind provides education and services for children and adults around the world who are Blind, Deaf-Blind or visually impaired. 24 24 921 752 -32315 0 14282784 23954815 38254177 38219796 5937009 15628807 28009338 30201454 86483308 108004872 1356439 1266870 0 0 42334389 43782511 0 0 3810172 20621361 21457369 64312189 66506750 22171119 41498122 352427495 380342239 51202311 37618933 301225184 342723306 X Perkins School for the Blind provides education and services for children and adults around the world who are blind, deafblind or visually impaired. 0 0 45743301 1234370 33624225 Perkins School for the Blind (Perkins) programs and services touch the lives of more than 880,000 infants, toddlers, school atudents, adults and seniors on our Watertown, MA., campus, in the community, across the U.S., and around the world. Perkins provides services in every state in the U.S. and in 67 countries worldwide. Perkins, the first school in the U.S. to educate students with visual impairments, has stood as a thought leader from its earliest days. Perkins pioneered the education of children who are deafblind, and the school continues to nurture an innovatove teaching and learning environment through 9 main program areas: Infant and Toddler Program; Early Learning Center; Lower School; Secondary Program; Educational Parnership Program; Community Programs; eLearning; Outreach Short Courses;and the Deafblind Program. 3543169 3753173 Perkins Products, formerly called Howe Press, began producing tactile books in 1835 and in 1951 introduced the Perkins Brailler, the most widely used braille writer in the world. Today, the re-designed Perkins SMART Brailler merges computer technology with its famous predecessor, fostering literacy through braille for a new generation of learners. Perkins Products accessible technology provides communication and daily living solutions to people of all ages. Perkins Products provides Braille writers, Braille accessories, publications and other materials for the blind and visually impaired to over 14,000 individuals. 2677174 2672568 Perkins Library first provided patrons with reading matter in 1837, adding braille and talking books in 1931. Since then, the award-winning Library has provided free services to millions of Massachusetts residents of any age who are unable to read traditional print materials due to a visual or physical disability. Now readers have access to digital audio books and online downloads. Each day, the Library sends more than 2,000 books to its patrons. 1934021 32500 1923003 FCC Equipment distribution program 1934021 32500 1923003 53897665 1 1 0 1 0 0 0 0 0 1 1 1 0 0 1 0 0 1 1 1 1 1 0 0 1 0 0 1 0 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 X 191 0 1 921 1 1 1 1 TH BD EI CJ VI UK 0 0 1 1 1 1 0 0 0 0 X 24 24 1 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MA NH NY FL OR NJ KY MD MI OK SC WI RI AK CO WA X X Lisa A Calise 6179727203 175 North Beacon Street Watertown MA 02472 C Richard Carlson Chair of Corporation 5.00 X 0 0 0 Frederic M Clifford Chair of Trustees 5.00 X 0 0 0 William A Lowell Vice Chairperson 5.00 X 0 0 0 Philip L Ladd Vice Chairperson 5.00 X 0 0 0 Michael Schnitman Secretary 5.00 X 0 0 0 Charles CJ Platt Treasurer 5.00 X 0 0 0 Randy E Kinard Asst Treasurer 5.00 X 0 0 0 Andrew W Chapman Trustee 5.00 X 0 0 0 Katherine Chapman Trustee 5.00 X 0 0 0 Elizabeth Curtis Trustee 5.00 X 0 0 0 Edward G Fey Trustee 5.00 X 0 0 0 Ruth Ellen Fitch Trustee 5.00 X 0 0 0 Corinne Grousbeck Trustee 5.00 X 0 0 0 Thomas F Hehir Trustee 5.00 X 0 0 0 Ray Hepper Trustee 5.00 X 0 0 0 Leslie Nordin Trustee 5.00 X 0 0 0 Greg J Pappas Trustee 5.00 X 0 0 0 Paul Perrault Trustee 5.00 X 0 0 0 Paul Raia Trustee 5.00 X 0 0 0 Richard Reilly Trustee 5.00 X 0 0 0 DrSteve Ringer Trustee 5.00 X 0 0 0 William Hughes Trustee 5.00 X 0 0 0 Elena Matlock Trustee 5.00 X 0 0 0 W David Power President as of 5-1-15 5.00 X 0 0 0 Lisa Calise Chief Financial Officer 50.00 X 175050 0 14258 Kathleen Sheehan Exec Director of Perkins T 50.00 X 218187 0 35078 David S Morgan Vice President Perkins Pro 50.00 X 187361 0 35308 Pauline L Donoghue Controller 50.00 X 141464 0 14867 Walton A Webson Director Perkins Internati 50.00 X 141004 0 30781 Dorinda Rife Superintendent School Prog 50.00 X 146470 0 39465 Kathryn Todd Director of Individual Giv 50.00 X 134911 0 17209 Dorothy Fitzmaurice Director of International Resource Development 50.00 X 125178 0 3211 Steven M Rothstein President until 4-30-15 50.00 X 291363 0 66775 1560988 0 256952 16 1 1 0 Highfields Capital LP 200 Clarendon Street Boston MA 02116 Investment Management Services 821374 Thomas Gallagher Inc 109 Smith Place Cambridge MA 02138 Contractor services 778554 Adage Capital Partners LP 2000 Westchester Avenue Purchase NY 10577 Investment Management Services 644829 Wellington Archipelago Holdings 78 Sir John Rogersons Quay Dublin 2 EI Investment Management Services 415015 Lake Contracting Inc 5 Middlesex Ave Somerville MA 02145 Contractor services 379563 33 1548560 2710334 19695921 682842 23954815 Fees for Services 611600 33624225 33624225 Library services 900099 2672568 2672568 National Deaf Blind eq 900099 1923003 1923003 38219796 2738173 -21007 2759180 77658 88966 -11308 -11308 -11308 66897378 54006744 12890634 12890634 12890634 73250 1548560 393538 -320288 -320288 11822808 8069635 3753173 3753173 Unrealized Investment 900099 25635428 25635428 Change in Value of Spl 900099 1144449 1144449 26779877 108004872 41972969 -32315 42109403 182547 182547 1084323 1084323 1301888 478444 509899 313545 33091134 28032681 3472886 1585567 2207056 1868379 231950 106727 4226805 3578193 444215 204397 2955628 2456808 337703 161117 324074 78605 245214 255 286045 14000 272045 22500 16500 6000 6308 6308 4454931 3066095 432319 956517 404301 298807 102587 2907 2057166 1391551 536007 129608 1084312 311374 772910 28 4575643 4146053 382173 47417 1342679 1250423 40783 51473 185911 163916 17297 4698 223885 203012 20008 865 4842914 4320454 469935 52525 251828 4705 247123 807114 639550 96174 71390 155840 109514 36755 9571 145999 145999 0 97845 2132 1705 94008 188074 199599 -29082 17557 66506750 53897665 8798913 3810172 2174818 3091384 7407483 4666411 5776335 4865248 4982112 4584337 1334482 1441062 170446385 98375187 72167027 72071198 73917788 91363124 173912337 185998774 10755113 12260701 352427495 380342239 8781704 7573321 40942804 28497869 1477803 1547743 51202311 37618933 X 173912306 190802325 65904438 78599403 61408440 73321578 301225184 342723306 352427495 380342239 41498122 0 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4961 24000 28961 66477789 66506750 1000000 250000 0 0 1000000 1000000 1000000 1000000 4000000 6000000 24000 30814 30903 28961 114678 250000 250000 250000 250000 1000000 1500000 8314 6814 6903 4961 26992 248585259 13194497 40883618 11615650 1425194 289622530 225288303 4365818 28137781 7925720 1280923 248585259 243948082 2162255 -2343401 15907696 2570937 225288303 205288555 3740062 46756112 10404040 1432607 243948082 185531655 14109065 20604496 13160885 1795776 205288555 0.47000 0.27000 0.26000 1 0 146822306 76304025 70518281 23624079 22071162 1552917 72071198 Adage Capital Management 50781476 F Colchester Global Bond fund 9135593 F Common Fund VI 1695322 F Common Fund VII 1628507 F Common Fund Venture Partners VIII 1210521 F Convexity Capital Offshore E 9235853 F Convexity Capital Offshore J 3849885 F Convexity Capital Offshore N 4927333 F Essex Investment Management 288 F GMO LLC Forestry Fund 8-B LP 2768254 F Highclere 12042418 F Highfield's Capital IV 12421421 F Hoplite offshore fund 5907983 F Legacy Venture VI, LLC 934698 F Legacy Venture VII, LLC 74685 F Realty Fund, TA Associates Fund VIII 3338919 F Realty Fund, TA Associates Fund IX 4842424 F Rockefeller & Co. 3693095 F Sanderson International Value fund 13101046 F Seminole offshore fund. Ltd. 6389497 F Siguler Guff & Co. Distressed Opp Fund I 284263 F Siguler Guff & Co.Distressed Opp Fund II 628363 F Siguler Guff & Co.Distressed Opp Fund III 2109649 F Siguler Guff Small Buyout Opportunities Fund 2601337 F Sigular Guff Capital Partners 2048968 F Sigular Guff Distressed Real Estate Opp Fund 2778271 F Sigular Guff Distressed Real Estate Opp Fund II 690182 F Thomas Lee Equity Fund 3112637 F Wellington Archipelago Holdings 10760433 F Mason Capital, Ltd 5739351 F Taconic Offshore Opp Fund, Ltd 6836346 F RCP Fund VIII, LP 429756 F 185998774 Asset Retirement Obligation 1547743 1547743 117321712 624637 140064 764701 116557011 -8552139 -8552139 108004872 75990543 624637 8859156 9483793 66506750 0 66506750 Part V, Line 4: To generate earnings to support the general mission of the school in future periods. Part XI, Line 2d - Other Adjustments: Kilimanjaro Blind Trust revenue 139,787. John Milton Society revenue 277. Part XI, Line 4b - Other Adjustments: Rental expenses -88,966. Fundraising events expenses -393,538. Cost of goods sold -8,069,635. Part XII, Line 2d - Other Adjustments: Kilimanjaro Blind Trust expenses 269,238. John Milton Society expenses 37,778. Rental expenses 88,966. Fundraising events expenses 393,538. Cost of goods sold 8,069,636. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 Schedule E, Part I, Line 3 Explanation of the Non-Discriminatory Policy are in copies of the Perkins School for the Blind publication "Perspectives". They are distributed to all agencies in New England that serve the blind and deaf blind. In addition, Perkins is included in the annual Boston Globe non-discrimination notice published by MAAPs. Schedule E, Part I, Line 6 The school receives government funding for all of the students from cities and towns and other states. This funding is required by law. 1 Central America & the Caribbean 0 0 Program Services, Grant to Recipients Educational program & curriculum development, Teacher training 81468 East Asia & the Pacific 0 2 Program Services, Grant to Recipients Educational program & curriculum development, Teacher training 265727 Europe (Iceland, Greenland) 0 1 Program Services, Grant to Recipients Educational program & curriculum development, Teacher training 159255 Middle East & Northern Africa 0 1 Program Services, Grant to Recipients Educational program & curriculum development, Teacher training 31600 North America (Mexico) 0 0 Program Services, Grant to Recipients Educational program & curriculum development, Teacher training 6750 Russia & the Newly Independent States 0 0 Program Services, Grant to Recipients Educational program & curriculum development, Teacher training 64026 South America 1 9 Program Services, Grant to Recipients Educational program & curriculum development, Teacher training 280718 South Asia 0 2 Program Services, Grant to Recipients Educational program & curriculum development, Teacher training 183859 Sub-Saharan Africa 2 1 Program Services, Grant to Recipients Educational program & curriculum development, Teacher training 416798 1 15 2 1 3 16 1073403 416798 1490201 Central America and Caribbean Educational program & curriculum development, Teacher training 12000 Sub-Saharan Africa Leadership & staff development 20500 South America Educational program & curriculum development, Teacher training 10000 Central America and Caribbean Educational program & curriculum development, Teacher training 8000 South America Educational program & curriculum development, Teacher training 6000 Sub-Saharan Africa Advocacy, Parent training & support 7850 South America Educational program & curriculum development, Teacher training 19425 North America Educational program & curriculum development, Teacher training 6750 South America Advocacy, Parent training & support 8000 South America Educational program & curriculum development, Teacher training 14450 Europe Educational program & curriculum development, Teacher training 10000 East Asia and Pacific Advocacy, Parent training & support 4830 South Asia Educational program & curriculum development, Teacher training 2566 Sub-Saharan Africa Educational program & curriculum development, Teacher training 4450 East Asia and Pacific Educational program & curriculum development, Teacher training 2068 South Asia Educational program & curriculum development, Teacher training 2753 South America Educational program & curriculum development, Teacher training 6811 South America Educational program & curriculum development, Teacher training 10160 South Asia Educational program & curriculum development, Teacher training 2091 South Asia Advocacy, Parent training & support 3200 East Asia and Pacific Advocacy, Parent training & support 15756 South Asia Educational program & curriculum development, Teacher training 1600 South America Educational program & curriculum development, Teacher training 21000 South America Educational program & curriculum development, Teacher training 10000 South America Educational program & curriculum development, Teacher training 8000 South America Educational program & curriculum development, Teacher training 6500 Sub-Saharan Africa Leadership & staff development 4536 East Asia and Pacific Educational program & curriculum development, Teacher training 1802 Central America and Caribbean Educational program & curriculum development, Teacher training 3840 Russia and Neighboring States Advocacy, Parent training & support 44035 South America Advocacy, Parent training & support 8000 Central America and Caribbean Educational program & curriculum development, Teacher training 34053 South America Educational program & curriculum development, Teacher training 7000 South America Educational program & curriculum development, Teacher training 7000 Central America and Caribbean Educational program & curriculum development, Teacher training 5125 Sub-Saharan Africa Leadership & staff development 58498 Russia and Neighboring States Educational program & curriculum development, Teacher training 19191 East Asia and Pacific Educational program & curriculum development, Teacher training 800 South Asia Educational program & curriculum development, Teacher training 7940 South Asia Educational program & curriculum development, Teacher training 2200 Europe Educational program & curriculum development, Teacher training 8000 South America Advocacy, Parent training & support 1500 South America Educational program & curriculum development, Teacher training 7000 South America Educational program & curriculum development, Teacher training 5300 Central America and Caribbean Educational program & curriculum development, Teacher training 4600 Sub-Saharan Africa Educational program & curriculum development, Teacher training 13160 Middle East and North Africa Educational program & curriculum development, Teacher training 17100 Sub-Saharan Africa Educational program & curriculum development, Teacher training 6840 East Asia and Pacific Educational program & curriculum development, Teacher training 14360 Sub-Saharan Africa Educational program & curriculum development, Teacher training 29602 Europe Educational program & curriculum development, Teacher training 14600 South America Educational program & curriculum development, Teacher training 6000 Sub-Saharan Africa Advocacy, Parent training & support 9500 South Asia Educational program & curriculum development, Teacher training 1082 East Asia and Pacific Educational program & curriculum development, Teacher training 1680 East Asia and Pacific Educational program & curriculum development, Teacher training 3100 Sub-Saharan Africa Leadership & staff development 16000 Europe Educational program & curriculum development, Teacher training 4050 East Asia and Pacific Educational program & curriculum development, Teacher training 7535 Central America and Caribbean Educational program & curriculum development, Teacher training 2500 South America Educational program & curriculum development, Teacher training 3000 East Asia and Pacific Educational program & curriculum development, Teacher training 51848 Europe Educational program & curriculum development, Teacher training 13386 Europe Educational program & curriculum development, Teacher training 32313 South America Educational program & curriculum development, Teacher training 6550 East Asia and Pacific Educational program & curriculum development, Teacher training 123098 South America Educational program & curriculum development, Teacher training 3800 South Asia Leadership & staff development 7000 Sub-Saharan Africa Educational program & curriculum development, Teacher training 11060 East Asia and Pacific Educational program & curriculum development, Teacher training 1720 Europe Educational program & curriculum development, Teacher training 10918 South Asia Advocacy, Parent training & support 5972 Europe Educational program & curriculum development, Teacher training 12550 South America Educational program & curriculum development, Teacher training 7400 Sub-Saharan Africa Educational program & curriculum development, Teacher training 8000 South America Leadership & staff development 2582 Europe Educational program & curriculum development, Teacher training 2900 Europe Educational program & curriculum development, Teacher training 7000 Central America and Caribbean Educational program & curriculum development, Teacher training 11350 Europe Educational program & curriculum development, Teacher training 6000 Sub-Saharan Africa Brailler repair & maintenance training, Brailler equipment & accessories 21074 Europe Leadership & staff development 1700 Sub-Saharan Africa Brailler repair & maintenance training, Brailler equipment & accessories 36946 South America Educational program & curriculum development, Teacher training 5600 Europe Educational program & curriculum development, Teacher training 4000 Europe Educational program & curriculum development, Teacher training 11400 Europe Educational program & curriculum development, Teacher training 5000 South Asia Educational program & curriculum development, Teacher training 13547 Russia and Neighboring States Educational program & curriculum development, Teacher training 800 South Asia Educational program & curriculum development, Teacher training 52120 East Asia and Pacific Educational program & curriculum development, Teacher training 1400 South Asia Support to agents and travel-related costs 14956 South America Support to agents and costs related to office in the region 89640 Sub-Saharan Africa Support to agents and travel-related costs 60988 South Asia Support to agents and travel-related costs 43832 Sub-Saharan Africa Support to agents and travel-related costs 107794 Middle East and North Africa Support to agents and travel-related costs 14500 East Asia & the Pacific Support to agents and travel-related costs 21146 Europe Support to agents and travel-related costs 15438 East Asia & the Pacific Support to agents and travel-related costs 14584 South Asia Support to agents and travel-related costs 23000 61 40 1 0 0 0 0 0 Part I, Line 2: Each project partner has a budget, activity timeline and schedule for reporting. Balances are reconciled to USD using exchange rate from date funds were received in country. Original receipts are provided with progress reports and reviewed by program financial staff each period. New funds are not advanced until satisfactory review of activity and financial report data. Perkins Gala dinner 1504487 1435737 68750 75854 279808 Tasting event 117323 112823 4500 26764 11112 1621810 1548560 73250 102618 290920 393538 -320288 1 Helen Keller National Center 141 Middleneck Road Sands Point NY 11050 111630807 20000 Advocacy, Parent training & support National Family Association for Deaf-Blind 141 Middleneck Road Sands Point NY 11050 113294205 37500 Advocacy, Parent training & support National Association for Parents of Children with Visual Impairments 15 West 65th Street 8th Floor New York NY 10023 742095442 85000 Advocacy, Parent training & support National Federation of the Blind 200 East Wells St Baltimore MD 21230 020259978 5000 Advocacy, Parent training & support 4 0 Part I, Line 2: Each project partner has a budget, activity timeline and schedule for reporting. Original receipts are provided with progress reports and reviewed by program financial staff each period. New funds are not advanced until satisfactory review of activity and financial report data X 1 1 X X X X 0 1 0 0 0 0 0 0 0 Lisa Calise Chief Financial Officer 175050 0 0 0 0 0 12159 0 2099 0 189308 0 0 0 Kathleen Sheehan Exec Director of Perkins T 218187 0 0 0 0 0 15436 0 19642 0 253265 0 0 0 David S Morgan Vice President Perkins Pro 187361 0 0 0 0 0 14512 0 20796 0 222669 0 0 0 Pauline L Donoghue Controller 141464 0 0 0 0 0 11041 0 3826 0 156331 0 0 0 Walton A Webson Director Perkins Internati 141004 0 0 0 0 0 13508 0 17273 0 171785 0 0 0 Dorinda Rife Superintendent School Prog 146470 0 0 0 0 0 10224 0 29241 0 185935 0 0 0 Kathryn Todd Director of Individual Giv 134911 0 0 0 0 0 10249 0 6960 0 152120 0 0 0 Steven M Rothstein President until 4-30-15 291363 0 0 0 0 0 18958 0 47817 0 358138 0 0 0 A Massachusetts Development Finance Agency 043431814 2010-02-12 30000000 Perins School for the Blind Revenue Bond Issue Series 2010 for Buildings 0 0 0 A 30000000 185000 29815000 2011 0 0 1 1 A 0 0 0 0 0 0 1 A 0 0 1 0 0 0 0 0 0 A 0 X 13 32842 FMV of Stocks X 1 650000 FMV of property 0 1 0 Form 990, Part VI, Section A, line 2 The School paid Fiduciary Trust company $95,476 for the custodian and services of the treasurer's office during fiscal year 2014. Two of the school's board officers were Vice Presidents of Fiduciary Trust Company, one of whom is also a Board Member of the school. The School paid Choate, Hall, and Stewart $178,477 for legal services. A Board member is a partner at Choate, Hall, and Stewart. The School paid IDC $330 for consulting services. The president of IDC is also a Board member. Form 990, Part VI, Section A, line 6 The School has 155 members of the Corporation as of June 30, 2014. Form 990, Part VI, Section A, line 7a At the annual meeting held in November the Trustees elect the officers of the corporation each year. A quorum of members of the Corporation, Corporators vote on the Trustees for the following year. Form 990, Part VI, Section B, line 11 Copies of the Form 990 are sent to the Governing body to review and approve before electronic filing. Form 990, Part VI, Section B, line 12c All Trustees and Senior Management must fill out and sign a conflict of interest statement annually. Form 990, Part VI, Section B, line 15 The Board of Trustees has a compensation Committee that reviews the President's compensation and the Board reviews the President's reccommendation for senior staff compensation. Form 990, Part VI, Section C, line 19 Perkins governing documents, conflict of interest policy, and Financial statements are available upon request with the school. Kilimanjaro Blind Trust Inc 175 North Beacon Street Watertown MA 02472 208038262 to support the Perkins school for the blind MA 501 (c) (3) 11 A 0 John Milton Society for the Blind 175 North Beacon Street Watertown MA 02472 135562284 to support the Perkins school for the blind MA 501 (c) (3) 11 A PERKINS SCHOOL 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 1 John Milton Society - No Transactions meet the required threshold of 50k C Kilimanjaro Blind Trust Inc Q 88740 Accrual Kilimanjaro Blind Trust Inc O 0 Accrual Kilimanjaro Blind Trust Inc C 39787 Accrual Kilimanjaro Blind Trust Inc S 180498 Accrual