2014-05-15T07:58:40-05:00 2013-06-30 540618213 HANTZMON WIEBEL LLP CPA'S 818 E JEFFERSON ST PO BOX 1408 CHARLOTTESVILLE VA 22902 990 2012-07-01 540519590 WOODBERRY FOREST SCHOOL WOOD 5406723900 ONE WALKER DRIVE WOODBERRY FOREST VA 229890010 KENNETH W DEANE 5406723900 2014-05-14 1 P FRANK BERRY P00322544 4342962156 2012 2015-11-30 17:44:51Z KENNETH W DEANE ONE WALKER DRIVE WOODBERRY FOREST VA 229890010 201043965 0 X WWW.WOODBERRY.ORG X 1889 VA WOODBERRY FOREST IS A HIGHLY SELECTIVE BOYS' SECONDARY BOARDING SCHOOL EMPHASIZING INTELLECTUAL THOROUGHNESS, MORAL INTEGRITY, AND GOOD SPORTMANSHIP. 21 21 445 400 320194 -233403 15144613 7742225 19241448 19647873 9522493 17419618 476232 459901 44384786 45269617 4972389 5176170 0 0 14982023 15634444 0 0 1633686 13819216 14380748 33773628 35191362 10611158 10078255 351053522 372412260 61458540 58127647 289594982 314284613 X TO DEVELOP IN OUR STUDENTS, UNDER CHRISTIAN PRINCIPLES, A HIGH SENSE OF HONOR AND MORAL INTEGRITY, A DEEP RESPECT FOR SOUND SCHOLARSHIP, A FULL ACCEPTANCE OF RESPONSIBILITY, A LOVE OF EXCELLENCE, AND A DESIRE TO BE OF SERVICE TO OTHERS. WE AIM TO HELP OUR STUDENTS BECOME LEADERS OF AND ACTIVE CONTRIBUTORS TO SOCIETY. WE INTEND TO PREPARE THEM TO ENTER THE BEST COLLEGES AND UNIVERSITIES CONSISTENT WITH THEIR POTENTIAL. 0 0 26015970 5094712 18631223 INSTRUCTION: THE SCHOOL PROVIDED INSTRUCTION TO APPROXIMATELY 400 STUDENTS IN GRADES NINE THROUGH TWELVE. 2676301 ATHLETICS AND STUDENT SERVICES: THE SCHOOL PROVIDED ATHLETICS AND OTHER PROGRAMS AND SERVICES TO THE ENROLLED STUDENTS. 836432 81458 1016650 SUMMER PROGRAMS: THE SCHOOL PROVIDED SUMMER STUDY PROGRAMS, OVERSEAS PROGRAMS AND SPORTS CAMPS. 29528703 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 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 1 106 0 445 1 1 1 0 0 0 0 0 0 0 0 0 X 21 21 1 0 0 0 0 0 0 1 1 0 1 1 1 1 1 1 1 1 1 1 0 X WOODBERRY FOREST SCHOOL 5406726010 ONE WALKER DRIVE WOODBERRY FOREST VA 22989 E HOOPER HARDISON 2.00 X 0 0 0 ROBERT E LONG 2.00 X 0 0 0 LAWRENCE L GRAY 2.00 X 0 0 0 JOHN D BAKER II 2.00 X 0 0 0 J MITCHELL HULL 2.00 X 0 0 0 LILIAN S MURRAY 2.00 X 0 0 0 JOSEPH J C MARK JR 2.00 X X 0 0 0 LLOYD U NOLAND III 2.00 X 0 0 0 ROBERT P ROPER JR 2.00 X 0 0 0 CHARLES H ROSS 2.00 X 0 0 0 SION A BONEY III 2.00 X X 0 0 0 R LEE BURROWS JR 2.00 X 0 0 0 JOE GRILLS 2.00 X 0 0 0 ELIZABETH M HAGOOD 2.00 X 0 0 0 EDWARD I WEISIGER JR 2.00 X 0 0 0 CARTER W HOTCHKISS 2.00 X 0 0 0 C H RANDOLPH LYON 2.00 X 0 0 0 ALBERT C MONK III 2.00 X 0 0 0 JOHN K COHEN 2.00 X 0 0 0 CHARLES B MAYER 2.00 X 0 0 0 LAURA BUCHOLZ 2.00 X 0 0 0 STUART R BROWN 2.00 X 0 0 0 OWEN D THOMAS 2.00 X 0 0 0 FREDERICK R LUMIS 2.00 X 0 0 0 DENNIS M CAMPBELL 40.00 X 480214 0 34628 ERIC N CHAFIN 40.00 X 236618 0 31987 RICHARD F BARNHARDT 40.00 X 94959 0 17060 CATHERINE WHARTON 40.00 X 159718 0 25751 KENNETH W DEANE JR 40.00 X 105020 0 20146 TAMMY FIRMAN 80.00 X 201509 0 13648 JANET M COOPER 40.00 X 106879 0 15042 R BRUCE TIBBETTS 40.00 X 105887 0 5193 1490804 0 163455 7 0 1 0 MARTIN HORN INC 210 CARLTON AVENUE CHARLOTTESVILLE VA 22902 CONSTRUCTION 9719228 BARTZEN & BALL LLC 911 KING STREET ALEXENDRIA VA 22314 ARCHITECTS 419183 SL WILLIAMSON COMPANY INC PO BOX 648 CHARLOTTESVILLE VA 22902 CONSTRUCTION 186284 DESIGN CUISINE INC 2659 S SHIRLINGTON ROAD ARLINGTON VA 22206 CATERING 173590 YODER MASONRY 1047 ORANGE ROAD PRATTS VA 22731 CONSTRUCTION 159764 11 7742225 549182 7742225 TUITION AND FEES 900099 18526585 18526585 SUMMER PROGRAMS 900099 1016650 1016650 OTHER PROG. SERV. REV. 900099 88141 88141 AUXILIARY SERVICES 900099 16497 16497 19647873 2191650 -7592 2199242 170582121 155354153 15227968 15227968 15227968 552310 420195 132115 132115 PRIVATE GOLF COURSE 713910 168047 168047 FARMING ACTIVITIES 110000 159739 159739 327786 45269617 19647873 320194 17559325 5176170 5176170 1129232 349127 606818 173287 11097950 9491288 1008426 598236 865258 696358 114303 54597 1651231 1327382 219165 104684 890773 716893 117673 56207 22438 22438 59685 59685 217669 50000 152665 15004 25829 25829 1272655 1251020 19090 2545 565985 378661 138447 48877 1516705 1365034 151671 3437441 3265569 171872 230599 226679 3459 461 SUPPLIES 2707975 2560995 138988 7992 MAINTENANCE 1820028 1588905 199683 31440 STUDENT ACTIVITIES 961410 335408 433481 192521 ENTERTAINMENT 605402 261052 102090 242260 936927 488162 343190 105575 35191362 29528703 4028973 1633686 8255902 6071560 19306599 15465955 557736 536288 552771 572678 1032846 1026272 869144 835659 120879058 51807920 65523615 69071138 78344385 91458792 176315099 187012867 295425 361051 351053522 372412260 1479119 634290 3317185 3578176 40940000 40940000 15722236 12975181 61458540 58127647 X 108976466 124647471 126001862 134034060 54616654 55603082 289594982 314284613 351053522 372412260 10078255 14611376 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 187909682 2514071 21739894 2635000 6067810 203460837 194775360 3198858 -1884640 8179896 187909682 170187791 2265472 30693670 8371573 194775360 158108562 3255774 17243375 2533000 5886920 170187791 185620415 3362860 -22390434 2271000 6213279 158108562 0.17400 0.25600 0.57000 0 0 93655041 34385529 59269512 6703030 3394719 3308311 18726343 14027672 4698671 1794644 1794644 69071138 CASH & SHORT-TERM CASH EQUIV. 8839467 F CHAR. REMAINDER UNITRUSTS 2433000 F OPEN-END INVESTMENT COMPANIES 52919767 F LIMITED PARTNERSHIPS 120478635 F OTHER INVESTMENTS 2341998 F 187012867 ACCRUED SALARIES 925717 ACCRUED PAYROLL TAXES 62000 DUE TO RETIRED EMPLOYEES 162786 DUE TO BENEFICIARIES 5805775 SWAP LIABILITY 6018903 12975181 X 55108521 14611376 420195 15031571 40076950 5192667 5192667 45269617 30418890 420195 420195 29998695 5192667 5192667 35191362 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: THE ENDOWMENT FUND SUPPORTS SCHOLARSHIPS FOR STUDENTS, FACULTY SUPPORT, AWARDS FOR FACULTY AND STUDENTS, AND VARIOUS OTHER ACADEMIC AND OPERATIONAL USES. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X, LINE 2: WOODBERRY FOREST SCHOOL IS EXEMPT FROM INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. HOWEVER, INCOME FROM CERTAIN ACTIVITIES NOT DIRECTLY RELATED TO THE SCHOOL'S TAX-EXEMPT PURPOSE IS SUBJECT TO TAXATION AS UNRELATED BUSINESS INCOME. IN ADDITION, THE SCHOOL QUALIFIES FOR THE CHARITABLE CONTRIBUTION DEDUCTION UNDER SECTION 170(B)(1)(A) AND HAS BEEN CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION UNDER SECTION 509(A)(2). THE SCHOOL IS NO LONGER SUBJECT TO EXAMINATION BY THE U. S. FEDERAL, STATE, OR LOCAL TAX AUTHORITIES FOR YEARS BEFORE ITS FISCAL YEAR ENDED JULY 31, 2009. PART XI, LINE 2D - OTHER ADJUSTMENTS: STUDENT STORE COST OF GOODS SOLD 420,195. PART XI, LINE 4B - OTHER ADJUSTMENTS: REVENUE OFFSET BY TUITION REDUCTIONS 5,176,170. GROUPING DIFFERENCES 16,497. PART XII, LINE 2D - OTHER ADJUSTMENTS: STUDENT STORE COST OF GOODS SOLD 420,195. PART XII, LINE 4B - OTHER ADJUSTMENTS: REVENUE OFFSET BY TUITION REDUCTIONS 5,176,170. GROUPING DIFFERENCES 16,497. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATION SCHEDULE E, PART I, LINE 3 A STATEMENT OF THE NONDISCRIMINATORY POLICY OF WOODBERRY FOREST SCHOOL IS PRINTED ON ALL CATALOGS, APPLICATIONS, NOTIFICATIONS, AND OTHER SIGNIFICANT PUBLICATIONS OF THE SCHOOL. WOODBERRY FOREST SCHOOL USES PRINTED ADVERTISING MATERIAL IN RECRUITING STUDENTS THROUGHOUT THE UNITED STATES AND ITS TERRITORIES. IN ORDER TO ASSIST IN RECRUITING A STUDENT BODY REFLECTING A BROAD SOCIAL AND ECONOMIC MIX, ALL SUCH MATERIALS CONTAIN A CLEAR AND UNEQUIVOCAL STATEMENT OF THE SCHOOL'S NONDISCRIMINATORY POLICIES AS APPLIED TO SCHOOL LIFE. A SPECIAL EMPHASIS IS MADE OF THESE POLICIES IN THE AREAS OF ADMISSIONS AND FINANCIAL AID. SPAIN 0 0 PROGRAM SERVICES THE ORGANIZATION CONDUCTS SUMMER SCHOOL ABROAD PROGRAMS FOR STUDENTS. 92310 CENTRAL AMERICA 0 0 PROGRAM SERVICES THE ORGANIZATION CONDUCTS SUMMER SCHOOL ABROAD PROGRAMS FOR STUDENTS. 44499 EUROPE (SCOTLAND) 0 0 PROGRAM SERVICES THE ORGANIZATION CONDUCTS SUMMER SCHOOL ABROAD PROGRAMS FOR STUDENTS. 93909 OXFORD - ENGLAND 0 0 PROGRAM SERVICES THE ORGANIZATION CONDUCTS SUMMER SCHOOL ABROAD PROGRAMS FOR STUDENTS. 57885 0 0 0 0 0 0 288603 0 288603 0 0 0 0 0 0 1 THE SCHOOL AWARDS SCHOLARSHIPS IN THE FORM OF TUITION REDUCTIONS. NO FUNDS ARE PAID TO INDIVIDUALS 162 5176170 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: THE SCHOOL'S FINANCIAL AID OFFICE MAINTAINS RECORDS SUPPORTING THE SELECTION CRITERIA USED TO AWARD SCHOLARSHIPS, THE AMOUNTS AWARDED, AND THE RECIPIENTS. X 1 1 X X X 0 0 0 0 0 0 0 0 0 DENNIS M CAMPBELL 380214 0 100000 0 0 0 27083 0 7545 0 514842 0 0 0 ERIC N CHAFIN 236618 0 0 0 0 0 24442 0 7545 0 268605 0 0 0 CATHERINE WHARTON 159718 0 0 0 0 0 17500 0 8251 0 185469 0 0 0 TAMMY FIRMAN 201509 0 0 0 0 0 8455 0 5193 0 215157 0 0 0 PART I, LINE 1A THE HEADMASTER'S EMPLOYMENT CONTRACT REQUIRES THE HEADMASTER TO RESIDE ON THE GROUNDS OF THE SCHOOL. THE HOUSING PROVISION IS FACTORED INTO THE HEADMASTER'S BASE COMPENSATION AMOUNT. THE SCHOOL DOES NOT MAKE ANY DIRECT OR INDIRECT HOUSING PROVISION PAYMENTS TO THE HEADMASTER THAT ARE IN ADDITION TO THE REPORTABLE COMPENSATION AMOUNT INCLUDED IN PART VII OF THE 990. A INDUSTRIAL DEVELOPMENT AUTHORITY OF MADISON COUNTY VIRGINIA 541378855 2011-12-16 8750000 CURRENT REFUNDING 0 0 0 B INDUSTRIAL DEVELOPMENT AUTHORITY OF MADISON COUNTY VIRGINIA 541378855 2012-11-30 5000000 CURRENT REFUNDING 0 0 0 C INDUSTRIAL DEVELOPMENT AUTHORITY OF MADISON COUNTY VIRGINIA 541378855 557432AC5 2007-09-26 21940000 CAPITAL IMPROVEMENTS 0 0 0 A 8750000 8750000 2001 1 0 1 1 B 5000000 5000000 1998 1 0 1 1 C 21940000 174476 15524 16000000 5750000 2011 1 0 1 1 A 0 0 0 0 0 0 1 B 0 0 0 0 0 0 1 C 0 0 0 0 0 0 1 A 0 0 1 0 0 0 0 0 1 B 0 0 1 0 0 0 0 0 1 C 0 0 0 1 1 1 SUNTRUST 30.000000000000 0 0 0 0 1 A 1 B 1 C 1 X 27 549182 NYSE QUOTATIONS 0 0 0 1 THIRD PARTY USE: PART I, LINE 32B: THE SCHOOL USES BROKERAGE HOUSES TO SELL DONATED SECURITIES. FORM 990, PART VI, SECTION A, LINE 2 JOHN BAKER AND CARTER HOTCHKISS HAVE A BUSINESS RELATIONSHIP. FORM 990, PART VI, SECTION B, LINE 11 THE COMPLETE 990 IS REVIEWED BY MANAGEMENT AND PROVIDED TO THE BOARD OF TRUSTEES FOR REVIEW BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST STATEMENT IS SIGNED ANNUALLY BY BOARD OF TRUSTEE MEMBERS AND KEY OFFICERS, AND POTENTIAL CONFLICTS ARE DISCLOSED ANNUALLY. FORM 990, PART VI, SECTION B, LINE 15 HEADMASTER AND KEY EMPLOYEE COMPENSATION IS DETERMINED BY THE BOARD OF TRUSTEES. COMPARABLE DATA FROM INDEPENDENT SCHOOL SURVEYS ARE USED TO DETERMINE FAIR COMPENSATION. FORM 990, PART VI, SECTION C, LINE 18 THE ORGANIZATION'S 990 AND 990-T ARE AVAILABLE TO THE PUBLIC ON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC ON REQUEST. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.