2013-02-12T13:49:46-06:00 2012-06-30 141918990 TEMPLETON & COMPANY LLP 222 LAKEVIEW AVENUE SUITE 1200 WEST PALM BEACH FL 33401 990 2011-07-01 590942383 ST ANDREW'S SCHOOL OF BOCA RATON INC STAN 5612102032 3900 JOG ROAD BOCA RATON FL 33434 PHILIP CORK 5612102032 2013-02-12 1 ISABELLA LUNSFORDCPA P00642327 5617989988 2013-02-12 2011 2016-03-07 17:11:31Z PHILIP CORK 3900 JOG ROAD BOCA RATON FL 33434 46930057 0 X WWW.SAINTANDREWS.NET X 1962 FL PROVIDE EDUCATION FOR STUDENTS IN GRADES PK THROUGH 12. 25 25 515 24 -24642 -24642 2586875 2260691 33113496 33770977 1313740 428740 328231 195476 37342342 36655884 3582445 3821238 0 0 17451574 18269079 0 0 1193731 14676220 14646953 35710239 36737270 1632103 -81386 66001440 65417698 54441620 57347717 11559820 8069981 PROVIDE EDUCATION FOR STUDENTS IN PK THROUGH 12. 0 0 28450982 3821238 33375135 ACADEMIC PROGRAM:- INSTRUCTION TO APPROXIMATELY 1315 STUDENTS FROM GRADES PK-12 - INTERNATIONAL BACCALAUREATE PROGRAM FOR 11TH AND 12TH GRADERS- STUDENT ACTIVITIES- STUDENT FOOD SERVICES- SUMMER PROGRAMS 1993506 395842 AUXILIARY SERVICES:- SCHOOL PUBLICATIONS, NEWSPAPER & YEARBOOK- AUXILIARY FACILITIES USAGE- INFIRMARY- SCHOOL STORE 30444488 1 1 0 0 0 0 0 1 0 1 1 0 0 0 1 1 0 1 1 0 0 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 0 1 36 1 515 1 1 1 0 0 0 0 1 1 0 0 X 25 25 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 FL X X KATHY VAN VALKENBURG 5612102032 3900 JOG ROAD BOCA RATON FL 33434 JEFFREY A STOOPS 3.00 X X 0 0 0 DIANE C BOK 3.00 X X 0 0 0 PHILIP L NADEL 3.00 X X 0 0 0 GARY PETERS 3.00 X X 0 0 0 DR STEVEN M SHAPIRO 3.00 X X 0 0 0 MARY JO FINOCCHIARO 3.00 X X 0 0 0 MARK J MARIANI 1.00 X X 0 0 0 NADINE B ASSAF 1.00 X 0 0 0 LUIS H BALL 1.00 X 0 0 0 MARK J BELLISSIMO 1.00 X 0 0 0 ATUL BISARIA 1.00 X 0 0 0 JAMES M CANTWELL 1.00 X 0 0 0 WILLIAM J CARAGOL JR 1.00 X 0 0 0 JOHN S CIESLOWSKI 1.00 X 0 0 0 MELODY S CREESE 1.00 X 0 0 0 FORREST HEATHCOTT 1.00 X 0 0 0 JOHN D HODGEMAN 1.00 X 0 0 0 CATHY MOABERY 1.00 X 0 0 0 DAVID W ROBERTS 1.00 X 0 0 0 STEPHEN H SHELTON 1.00 X 0 0 0 LUANNE M SPADEA-NACHMANN 1.00 X 0 0 0 WILLIAMS S WEPRIN 1.00 X 0 0 0 DR ANN MARIE KREJCAREK 60.00 X X 419864 0 39338 REVEREND LEOPOLD FRADE 1.00 X 0 0 0 RYAN P CARLSON 1.00 X 0 0 0 REVEREND ANDREW J SHERMAN 1.00 X 0 0 0 KATHLEEN A ASSAF 1.00 X 0 0 0 J MURFREE BUTLER 1.00 X 0 0 0 MARILYN MAYER 1.00 X 0 0 0 EDGAR OTTO 1.00 X 0 0 0 PHILIP CORK 60.00 X 181836 0 22204 PETER GALLO 60.00 X 166261 0 21994 KATHY VAN VALKENBURG 60.00 X 131336 0 23406 ELIAS BASSIL 50.00 X 127195 0 20479 KILIAN FORGUS 60.00 X 147510 0 50249 DUNCAN HOSSACK 50.00 X 127710 0 14931 ANN HAYNES 50.00 X 119461 0 17583 JULIAN DOMENECH 50.00 X 129213 0 11505 DIANE JONES 50.00 X 127529 0 18971 ROBERT BOURESSA 50.00 X 117900 0 18309 VERONICA BIDDER 50.00 X 106868 0 15819 STEPHEN CASSIDY 50.00 X 105157 0 15819 2007840 0 290607 13 0 1 0 0 153081 2107610 55774 2260691 TUITION BOARD & FEES 31856852 31856852 SUMMER CAMPS & PROGRAM 1518283 1518283 FACILITY REVENUES 297309 297309 STUDENT PUBLICATIONS 98533 98533 33770977 326042 326042 9119376 9016678 102698 102698 102698 571060 153081 613367 -42307 -42307 788008 644128 143880 143880 OTHER MISCELLANEOUS 118545 118545 COLLEGE POOL RENTAL -24642 -24642 93903 36655884 34033402 -24642 386433 3821238 3821238 767961 767961 13959978 11138492 2217055 604431 771757 586535 154352 30870 1624239 1241973 302689 79577 1145144 870309 229029 45806 9804 9804 50079 50079 62218 62218 105314 34000 71314 149947 4194 20031 125722 123331 10190 108510 4631 5158196 4858485 261260 38451 200101 46876 62599 90626 1220839 1220839 3368294 3172583 170602 25109 26576 26576 CONTRACTED FOOD SERVICE 1597089 1597089 REPAIRS AND MAINTENANCE 344507 246273 98234 ATHLETIC EXPENSE 289668 289668 BAD DEBT 271118 271118 1669872 1042050 550628 77194 36737270 30444488 5099051 1193731 51569 3216757 14487127 10794706 1359089 1058670 87566 192993 538955 498900 753413 840116 81879705 35594806 45208858 46284899 2894405 605187 620458 1925470 66001440 65417698 1117814 1488599 16736300 17185055 32140000 30945000 4447506 7729063 54441620 57347717 X 8226372 6814405 3333448 1255576 11559820 8069981 66001440 65417698 X -81386 -3408453 X 0 1 1 X 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X 0 11055374 -300656 10754718 10745575 309799 11055374 10140600 604975 10745575 9635764 504836 10140600 1.00000 0 1 1 4958242 4958242 55819414 21801785 34017629 7374561 6358224 1016337 13727488 7434797 6292691 46284899 FINANCIAL DERIVATIVE - INTEREST RATE SWAP 7317619 CAPITAL LEASE 411444 7729063 36655884 36737270 -81386 -538340 -2870113 -3408453 -3489839 32930635 -538340 696547 158207 32772428 62218 3821238 3883456 36655884 36420474 3566660 3566660 32853814 62218 3821238 3883456 36737270 PART III, LINE 4: THE SCHOOL MAINTAINS MAYAN POTTERY AND PAINTINGS TO ASSIST IN THE EDUCATION OF THE TOPIC TO THE STUDENT BODY AND TO PRESERVE FOR THE USE OF FUTURE STUDENTS. DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: THE INTENDED USE OF THE ENDOWMENT FUNDS IS TO GENERATE INCOME TO SUPPORT FINANCIAL AID, TO SUPPORT FACULTY SALARIES, TO FUND PROFESSIONAL DEVELOPMENT AND TO MAINTAIN FACILITIES. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: SAINT ANDREWS AND THE FUND HAVE BEEN RECOGNIZED BY THE INTERNAL REVENUE SERVICE AS ORGANIZATIONS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC). ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN RECORDED IN THE CONSOLIDATED FINANCIAL STATEMENTS. SAINT ANDREWS AND THE FUND ARE REQUIRED TO OPERATE IN CONFORMITY WITH THE PROVISIONS OF THE IRC TO MAINTAIN THEIR EXEMPT STATUS. THE SCHOOL ANALYSES TAX POSITIONS IN JURISDICTIONS WHERE IT IS REQUIRED TO FILE INCOME TAX RETURNS. BASED ON ITS EVALUATION, THE SCHOOL DID NOT IDENTIFY ANY TAX POSITIONS FOR WHICH IT IS REASONABLY POSSIBLE THAT THE TOTAL AMOUNT OF UNRECOGNIZED TAX BENEFITS WILL SIGNIFICANTLY INCREASE OR DECREASE. FOR THE YEARS ENDED JUNE 30, 2012 AND 2011, THERE WERE NO RELATED INTEREST OR PENALTIES RECORDED OR INCLUDED IN THE SCHOOLS FINANCIAL STATEMENTS. THE SCHOOL IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR FISCAL YEARS PRIOR TO 2008. PART XI, LINE 8 - OTHER ADJUSTMENTS: UNREALIZED LOSS ON CASH FLOW HEDGE -2,870,113. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSE 52,419. COST OF GOODS SOLD 644,128. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS PAID 3,821,238. PART XIII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 644,128. RENTAL EXPENSE 52,419. UNREALIZED CASH FLOW HEDGE LOSS 2,870,113. PART XIII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS PAID 3,821,238. 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 ADVERTISEMENTS ARE PLACED IN THREE NEWSPAPERS SERVING AREAS FROM WHICH STUDENTS ARE RECRUITED. COPIES OF ADVERTISEMENTS ARE ON FILE IN ACCORDANCE WITH REVENUE PROCEDURES 75-70, SECTION 7. AUCTION 569786 153081 416705 322911 GOLF TOURNAMENT 68310 68310 30264 3 86045 86045 260192 724141 153081 571060 613367 613367 -42307 1 FINANCIAL AID (175)/TUITION REMISSION (72) 247 3821238 COST OF ATTENDANCE PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: FINANCIAL AID IS AWARDED BASED ON FINANCIAL NEED. FINANCIAL NEED IS DETERMINED FROM A COMPLETED FINANCIAL AID APPLICATION SUBMITTED BY THE FAMILY REQUESTING AID. THE SCHOOL'S FINANCIAL AID COMMITTEE USES A THIRD-PARTY SERVICE TO HELP TO OBJECTIVELY DETERMINE A FAMILY'S ABILITY TO PAY FOR SCHOOL TUITION AND OTHER EDUCATIONAL EXPENSES, BASED ON A PARENTS' FINANCIAL STATEMENT AND ANY ADDITIONAL SUPPORTING DOCUMENTATION FROM THE FAMILY AS MAY BE NEEDED. X 1 1 X X X 0 0 0 0 0 0 0 0 0 DR ANN MARIE KREJCAREK 333053 0 55000 0 31811 0 21000 0 18338 0 459202 0 0 0 PHILIP CORK 175350 0 0 0 6486 0 10521 0 11683 0 204040 0 0 0 PETER GALLO 162810 0 0 0 3451 0 9769 0 12225 0 188255 0 0 0 KATHY VAN VALKENBURG 130250 0 0 0 1086 0 11723 0 11683 0 154742 0 0 0 KILIAN FORGUS 144130 0 0 0 3380 0 8648 0 41601 0 197759 0 0 0 PART I, LINE 1A CERTAIN KEY EMPLOYEES AND HIGHLY COMPENSATED EMPLOYEES RECEIVE A HOUSING ALLOWANCE OR RESIDENCE FOR PERSONAL USE FOR THE BENEFIT OF THE SCHOOL. PALM BEACH COUNTY FLORIDA 596000785 696547EX2 2007-06-14 36000000 SEE SCHEDULE O 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 BANK OF AMERICA 31.300000000000 0 0 0 0 0 X 1 31731 FAIR MARKET VALUE X SPORTS EQUIPMENT 2 20538 FAIR MARKET VALUE X RESIDENCE MAINTENANCE 1 1100 FAIR MARKET VALUE X TRAVEL 1 1405 FAIR MARKET VALUE X OTHER 1000 OTHER 0 1 0 FORM 990, PART VI, SECTION B, LINE 11 ALL VOTING BOARD MEMBERS WERE PROVIDED A COPY OF FORM 990 FOR REVIEW PRIOR TO FILING. A COPY OF FORM 990 IS ALSO PROVIDED TO THE SCHOOL'S AUDIT COMMITTEE FOR REVIEW PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C SCHOOL HAS A WRITTEN CONFLICT OF INTEREST POLICY, WHICH REQUIRES THE BOARD OF TRUSTEES, OFFICERS AND MANAGERS TO REVIEW ANNUALLY THE REQUIREMENTS FOR THIS POLICY. THE BOARD, OFFICERS AND MANAGERS ACKNOWLEDGE ANNUALLY IN WRITING THEIR COMMITMENT TO FOLLOWING THIS POLICY. DETERMINATION OF WHETHER A CONFLICT EXISTS IS MADE BY THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES, OR IF APPEALED BY THE FULL BOARD OF TRUSTEES. TRUSTEES, OFFICERS AND MANAGERS FOUND TO HAVE A CONFLICT OF INTEREST ARE PROHIBITED FROM DELIBERATIONS OR DECISIONS ON THE TRANSACTION. DISCLOSURE OR ACKNOWLEDGEMENT OF A CONFLICT OF INTEREST IS NOTED IN THE MINUTES OF THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION B, LINE 15A HEADMASTER'S COMPENSATION APPROVED ANNUALLY BY BOARD OF TRUSTEES. CHAIR OF THE BOARD OF TRUSTEES MAKES RECOMMENDATION TO BOARD OF TRUSTEES, USING COMPARABLE COMPENSATION DATA FOR SIMILARLY QUALIFIED PERSONS IN SIMILAR HEADMASTER POSITIONS IN SIMILARLY SITUATED INDEPENDENT SCHOOLS. THIS PROCESS WAS LAST COMPLETED IN 2011. FORM 990, PART VI, SECTION C, LINE 19 UPON WRITTEN REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED LOSSES ON INVESTMENTS: -538,340. UNREALIZED LOSS ON CASH FLOW HEDGE -2,870,113. TOTAL TO FORM 990, PART XI, LINE 5: -3,408,453. SAINT ANDREW'S SCHOOL ENDOWMENT FUND INC 3900 JOG ROAD BOCA RATON FL 33434 591622670 TO HOLD AND INVEST CERTAIN CONTRIBUTIONS AND TRANSFER EARNINGS FL 501(C)(3) 509(A)(3) TYPE 1 N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0