2013-05-08T07:13:50-05:00 2012-06-30 Grant Thornton LLP 8300 THORN DRIVE SUITE 300 WICHITA KS 672262708 990 2011-07-01 750800650 Hockaday School % JT COATS HOCK 2143636311 11600 Welch Road Dallas TX 75229 JT COATS 2015-05-06 true Kimberly Temple 3162653231 2011 2016-02-25 16:41:14Z JT Coats 11600 Welch Road Dallas TX 75229 39031052 false X www.hockaday.org X 1913 TX The Hockaday School, founded in 1913, provides a college preparatory education for girls of strong potential and diverse backgrounds who may be expected to assume positions of responsibility and leadership. 54 54 545 950 -113880 -115905 27579141 6866183 26804035 27793691 15181381 2306433 224494 87024 69789051 37053331 2926690 3026783 0 0 21549526 22492598 147316 44167 1715127 12028306 11529274 36651838 37092822 33137213 -39491 200661383 203054327 37512004 43680817 163149379 159373510 X THE HOCKADAY SCHOOL, FOUNDED IN 1913, PROVIDES A COLLEGE PREPARATORY EDUCATION FOR GIRLS OF STRONG POTENTIAL AND DIVERSE BACKGROUNDS WHO MAY BE EXPECTED TO ASSUME POSITIONS OF RESPONSIBILITY AND LEADERSHIP IN A RAPIDLY CHANGING WORLD. THROUGH SMALL CLASSES, CREATIVE TEACHING, AND AN APPROACH WHICH EMPHASIZES THE PROCESS OF LEARNING, HOCKADAY SEEKS TO DISCOVER UNIQUE APTITUDES AND AWAKEN THE INTELLECTUAL CURIOSITY OF EVERY GIRL. THROUGH A STRONG PHYSICAL EDUCATION PROGRAM AND THE CHALLENGE OF COMPETITIVE SPORT, HOCKADAY SEEKS TO DEVELOP IN EACH GIRL AN ENTHUSIASTIC SPIRIT, A HEALTHY BODY, AND A SENSE OF RESPONSIBILITY FOR HERSELF AND HER ACTIONS. THROUGH A CONTINUAL EXPOSURE TO THE ARTS, HOCKADAY SEEKS TO ENGENDER AN APPRECIATION OF BEAUTY AND JOY IN SELF-EXPRESSION THAT WILL BRING ADDED ENRICHMENT TO EACH GIRL'S LIFE. THROUGH CONSTANT EMPHASIS ON MORAL AND ETHICAL VALUES, HOCKADAY SEEKS TO NURTURE A COURTEOUS ATTITUDE, A SENSE OF GRACE, RESPECT FOR THE IDEALS OF HUMAN WORTH AND DIGNITY false false 30020261 3026783 27793691 The school provided a college preparatory education for lower, middle, and upper school girls with strong potential who may be expected to assume positions of responsibility and leadership in later years. There were 1,006 day students and 79 residence students for the 2011-2012 academic year. In addition, the School provided educational programs in the summer and for both boys and girls from the community. 30020261 true true false false false false true false true true true false false true true true false true false true false true true true true false false true true true false false false false false false false false false false true false false false false true false false false false true X 127 1 true 545 true true true true BD CJ false false false false false false false false X 54 54 true false false false false false false true true false false true true true true true true true true false AK AZ FL LA ME MD NH VA WA X JT COATS 2143636311 11600 WELCH ROAD Dallas TX 75229 X Edward M Ackerman 2.0 X 0 0 0 Ruth Altshuler 2.0 X 0 0 0 Jamiel Akhtar 2.0 X 0 0 0 Angela Ards 2.0 X 0 0 0 Rita Crocker Clements 2.0 X 0 0 0 Margaret Doggett Crow 2.0 X 0 0 0 Linda Custard 2.0 X 0 0 0 Peggy Simmons Dear 2.0 X 0 0 0 Robert H Dedman Jr 3.0 X X 0 0 0 Leslie Melinick Diers 2.0 X 0 0 0 Talley Dunn 15.0 X X 0 0 0 Gregg L Engles 2.0 X 0 0 0 Tucker Ford Enthoven 2.0 X 0 0 0 Steve Folsom 2.0 X 0 0 0 Gerald J Ford 2.0 X 0 0 0 Kathryn Walker Francis 2.0 X 0 0 0 David A Gravelle 2.0 X 0 0 0 Carmen Gross 2.0 X 0 0 0 David Haemisegger 3.0 X X 0 0 0 Paul Harris 2.0 X 0 0 0 Cinda Cree Hicks 2.0 X 0 0 0 James Jim Hoak 3.0 X 0 0 0 Robert Kaminski 3.0 X X 0 0 0 Rajani Kapu 2.0 X 0 0 0 Joyce Lacerte 2.0 X 0 0 0 Natalie Schatzie Lee 2.0 X 0 0 0 Kathryn King Marley 2.0 X 0 0 0 Margaret McDermott 2.0 X 0 0 0 Charlene Cline Marsh 2.0 X 0 0 0 Cynthia Cindy McGeoch 2.0 X 0 0 0 Maryann Sarris Mihalopoulos 3.0 X X 0 0 0 Paula Mosle 2.0 X 0 0 0 Edith Jones O'Donnell 2.0 X 0 0 0 John G Penson 2.0 X 0 0 0 Margot B Perot 2.0 X 0 0 0 Jeanne L Phillips 2.0 X 0 0 0 Maria Martineau Plankinton 2.0 X 0 0 0 Kathryn Priddy 2.0 X 0 0 0 Betty Simmons Regard 2.0 X 0 0 0 Ellen Higginbotham Rogers 2.0 X 0 0 0 Richard Rogoff 3.0 X 0 0 0 Katherine Rogers Roberts 2.0 X 0 0 0 Barbara Glazer Rosenblatt 2.0 X 0 0 0 Tiffani Borlaug Rubi 2.0 X 0 0 0 Nicole Ginsburg Small 3.0 X X 0 0 0 Judith Judi Stewart 2.0 X 0 0 0 Rebecca E Szelc 2.0 X 0 0 0 Allison Campfield Taten 2.0 X 0 0 0 Jacquelyn Jakki Thomas 3.0 X 0 0 0 Courtney Wang 2.0 X 0 0 0 Staci Williams 2.0 X 0 0 0 Ann Whitley Wood 2.0 X 0 0 0 Mary Frances Cunningham Yancey 2.0 X 0 0 0 Barney T Young 2.0 X 0 0 0 Sharon J Youngblood 3.0 X 0 0 0 Kim Wargo 50.0 X 240177 0 43789 Mary Pat Higgins 50.0 X 304202 0 26461 John Ashton 50.0 X 162995 0 19767 Cathy Murphree 50.0 X 186560 0 18804 Linda Kramer 50.0 X 133921 0 16356 Jen Liggitt 50.0 X 134735 0 16925 Kathy Limmer 50.0 X 130289 0 17639 Ed Long 50.0 X 129942 0 15584 Jeanne P Whitman 50.0 X 541358 0 22692 1964179 0 198017 13 true true false Good Fulton and Farrell Architects 2808 Fairmont Suite 300 DALLAS TX 75201 Architect Fees 1505477 Andres Construction Services LLC 3838 Oaklawn Avenue 1414 DALLAS TX 75219 Construction 968612 The Hay Agency Inc 7226 Desco Drive DALLAS TX 75225 Print & Publishing 242127 Cambridge Associates LLC 100 Summer Street BOSTON MA 02110 Invest. Consulting 131581 4 407399 6458784 458686 6866183 TUITION 611110 21223108 21223108 BOARDING, LUNCH 721310 3345053 3345053 EXTENDED SERVICES 611710 899294 899294 EDUCATIONAL FEES 611110 1729499 1729499 CHILD CARE 611110 383300 383300 213437 213437 27793691 2309026 -114281 2423307 0 0 60662 16935 43727 43727 43727 288271 684 291548 -3277 684 -2593 -2593 595179 407399 666357 -71178 -71178 25084 40000 -14916 -14916 1092272 962881 129391 401 128990 0 37053331 27793691 -113880 2507337 X 0 2878883 2878883 147900 147900 0 990841 990841 0 17352513 14995673 1558487 798353 1230253 1012422 166751 51080 1931421 1620810 213127 97484 987570 833479 110498 43593 0 75275 75275 86650 86650 0 44167 44167 0 64600 18190 45340 1070 415313 292100 123213 1206063 1150164 41140 14759 272945 207793 64493 659 0 953401 810391 95340 47670 122504 108005 14499 0 377916 181134 175155 21627 803693 683139 80369 40185 0 3136917 2666379 313692 156846 376193 376193 MAINTENANCE & GROUNDS 928913 789576 92891 46446 SUMMER SCHOOL 756579 756579 FOOD SERVICE 767563 767563 STUDENT SVC. & INSTRUCTION 314658 290630 24028 870091 500186 180457 189448 37092822 30020261 5357434 1715127 2100 2100 21020857 25510850 22449526 21471993 320381 289279 0 0 0 0 0 0 592707 641752 307850 428025 76590922 43657928 31726917 32932994 39690927 39010095 84527340 82723012 0 0 0 0 22778 44227 200661383 203054327 4966951 5166375 0 0 14811404 21133747 17500000 16890000 0 0 0 0 0 0 0 0 233649 490695 37512004 43680817 X 45552490 44638883 63233800 57951721 54363089 56782906 163149379 159373510 200661383 203054327 X -39491 -3736378 X false true true X false X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 12152 805484 X false 125365563 3679275 -895381 1298752 4778378 555283 121517044 100152933 13794283 17803439 1320184 4509523 555385 125365563 91958431 1448672 12907515 1283526 4461534 416625 100152933 114221950 1790593 -17809197 1319820 4534089 391006 91958431 0.21530 0.42734 0.35736 false false 0 357723 357723 0 58525929 32295255 26230674 0 3317655 2209486 1108169 0 14389615 9153187 5236428 32932994 LIMITED PARTNERSHIP INTEREST 100000 F GLOBAL EQUITY 33289113 F PRIVATE EQUITY 9210764 F FIXED INCOME 2514707 F REAL ASSETS 12314564 F ABSOLUTE RETURN 25293864 F 82723012 0 ASSET RETIREMENT OBLIGATION 465695 DEFERRED COMPENSATION 25000 490695 37053331 37092822 -39491 -3736378 -3736378 -3775869 31636930 -3736378 78532 1275916 -2381930 34018860 7688 3026783 3034471 37053331 35412799 78532 1275916 1354448 34058351 7688 3026783 3034471 37092822 Description of Organization's Collections Part III, Line 4 Over a period of time, the School has received contributions of works of art and furnishings to be exhibited in various locations on the campus. These items have been capitalized as collections. The collection not only enhances the aesthetic environment of the school; it supports the curriculum of the school by making art available to students. The collections are recorded at appraised value when donated. The School undertakes to care for, protect, and preserve such contributed works of art and furnishings, and the Board has adopted a policy to use proceeds of deaccession or insurance recoveries for the sole purpose of acquisition of other such works of art and furnishings. Collection items are inspected periodically and cleaned and repaired as required. Intended Uses of Endowment Funds Part V, Line 4 The School manages the endowment fund to preserve the real purchasing power for the fund while providing a predictable, stable, and constant stream of earnings consistent with the School's spending needs. The current spending policy of the fund allows a maximum annual draw of 5% of a three year moving average of the market value of the total assets. During capital campaigns, an additional endowment draw will be allowed to pay campaign expenses. The endowment fund supports the general operations of the school including faculty salaries, faculty/staff professional development, student financial aid, library services, and student programs. FIN 48 Part X, Question 2 The school is exempt from federal income taxes under Section 501(a) of the Internal Revenue Code (IRC) of 1986, as amended, as an organization described in Section 501(c)(3) of the IRC, as evidenced by the School's determination letter dated October 1938. The School has been classified as an organization that is not a private foundation under IRC Section 509(a)(1), and as such, contributions to the School qualify for deduction as charitable contributions. However, income generated from activities unrelated to the School's exempt purpose is subject to tax under IRC Section 511. The School did not have any material unrelated business income tax liability or expense for the years ended June 30, 2012 and 2011. The School has concluded that is does not have any unrecognized tax benefits resulting from current or prior period tax positions. The School does not have any outstanding interest or penalties, and none have been recorded in the statement of activities for the year ended June 30, 2012 or 2011. Reconciliation of Revenue Part XII Lines 2d & 4b Line 2d Rental Activity Expenses 16,935 Fundraising (Event) Expenses 666,357 Gaming 40,000 Cost of Goods Sold 962,881 Childcare Income (383,302) Change in Split Interest Agreement (62,988) Uncollectible Pledge Recovery 36,033 --------- TOTAL 1,275,916 Line 4b Grants netted against Revenue 3,026,783 --------- TOTAL 3,026,783 Reconciliation of Expenses Part XIII Lines 2d & 4b Line 2d Rental Activity Expenses 16,935 Fundraising (Event) Expenses 666,357 Gaming 40,000 Cost of Goods Sold 962,881 Childcare Income (383,302) Change in Split Interest Agreement (62,988) Uncollectible Pledge Recovery 36,033 --------- TOTAL 1,275,916 Line 4b Grants netted against Revenue 3,026,783 --------- TOTAL 3,026,783 true true true true true true true false false false false false false false false false false true Publication of Racially Nondiscriminatory Policy Part I, Line 3 The School publishes its racially nondiscriminatory policy in the education issue of the Dallas Morning News at least twice annually. In addition, the policy is printed on all admission materials. true East Asia and the Pacific Grantmaking 22000 Europe (Including Iceland and Greenland) Grantmaking 0 Central America and the Caribbean Grantmaking 76000 Sub-Saharan Africa Grantmaking 0 Middle East and North Africa Grantmaking 0 North America Grantmaking 0 Russia and the Newly Independent States Grantmaking 49900 147900 147900 Scholarships to indv. outside the U.S. Russia 1 49900 Scholarships to indv. outside the U.S. East Asia/Pacific 3 22000 Scholarships to indv. outside the U.S. Cent. America/Caribbean 1 32000 Scholarships to indv. outside the U.S. Cent. America/Caribbean 1 44000 true false true true false false Procedure for Monitoring Use of Grant Funds Outside U.S. Part I, Line 2 Grants are given to foreign individuals for schooling in the U.S. Therefore, the use of the funds is with the grantmaking organization. X X X X X X true Ruffalocody LLC 65 Kirkwood North Road SW Cedar Rapids IA 524063018 Telemarket false 32255 15952 16303 32255 15952 16303 AK AZ FL LA ME MD NH VA WA HPA Benefit 959018 407399 551619 193493 161282 88125 56613 129167 Fun Day 43560 43560 37677 0 1002578 407399 595179 193493 161282 88125 56613 166844 666357 -71178 25084 40000 true 1.00000 25084 40000 40000 -14916 TX false The only gaming activities of the Hockaday School are raffles governed by the Texas Charitable Raffle Enabling Act. The School adheres to this Act. false true false 1.00000 JT Coats 11600 Welch Road Dallas TX 75229 false JT COATS 750 PREPARE W-2G FORMS; SUPERVISE DEPOSITS & AWARDS X false true Scholarships to indv. in the U.S. 185 2879183 Procedure for Monitoring Use of Grant Funds Inside U.S. Part I, Line 2 Financial assistance is awarded based on financial need. Applicants provide detailed income information. A methodology is applied to determine need. The Financial Aid Committee (comprised of School manangement) allocates the financial aid resources based on the determined need. Scholarships are given to students as a reduction in their tuition, lunch fees, and/or activity fees. No cash is distributed. The aid is awarded objectively and in a non-discriminatory manner. X X X true true X X X X false true false false false false false false false Kim Wargo 225177 0 15000 0 0 0 25000 0 18789 0 283966 0 0 0 Mary Pat Higgins 269202 0 35000 0 0 0 0 0 26461 0 330663 0 0 0 John Ashton 154425 0 8570 0 0 0 0 0 19767 0 182762 0 0 0 Cathy Murphree 186560 0 0 0 0 0 0 0 18804 0 205364 0 0 0 Linda Kramer 133921 0 0 0 0 0 0 0 16356 0 150277 0 0 0 Jen Liggitt 134735 0 0 0 0 0 0 0 16925 0 151660 0 0 0 Jeanne P Whitman 441358 0 100000 0 0 0 0 0 22692 0 564050 0 128272 0 Housing allowance or residence for personal use Part I, Line 1a The Head of School resides in a house close to campus and owned by the school. This benefit is fully taxable to the Head of School. Travel for companions Part I, Line 1a The School reimburses the Head of School for spousal travel to national conferences. The reimbursement is fully taxable to the Head of School. Discretionary spending account Part I, Line 1a The School provides the Head of School a discretionary budget for school related expenses. All expenses run through the normal expense process and require the appropriate substantiation. Supplemental nonqualified retirement plan Part I, Line 4b The Head of the School (HOS) has a 457(b) agreement that allows for deferral of compensation. The School contributes an amount annually to this plan on behalf of the employee. The amount is listed in the HOS's employment contract, as agreed upon by the Compensation Committee. No payments were made to the HOS from the 457(b) plan during the year. The HOS also has a 457(f) plan that allows for voluntary contributions. It has not been funded to date. Red River Education Finance Corporation 752791247 756872DT1 2005-09-22 18344577 ADV RFD OF ED REV BND ISS 11/1/00 false false false 0 0 18392380 0 0 0 221867 0 18122710 0 0 0 2002 false true true true false false false false 0.00000 0.00000 0.00000 true true false false 0 false 0 false false Part II, Line 3 includes accrued interest of $47,803 not reflected in the issue price in Part I. X 4 3866 Cost or Selling Pric X 3215 Cost or Selling Pric X 12 290417 Cost or Selling Pric X 1 140000 Cost or Selling Pric X 6 14422 Cost or Selling Pric X 2 3000 Cost or Selling Pric X Admission/Memberships 2 3291 Cost or Selling Pric X Equipment and Supplies 2 475 Cost or Selling Pric false true false Family and Business Relationships Part VI, Line 2 Margaret Dear & Betty Regard - Family Relationship & Business Relationship Kathryn Francis & Kathryn Priddy - Family Relationship Katherine Roberts & Ellen Rogers - Family Relationship Ann Wood & Tucker Enthoven - Business Relationship Form 990 Review Process Part VI, Line 11b THE FORM 990 IS PREPARED BY THE MANAGEMENT OF THE SCHOOL WITH THE ASSISTANCE OF GRANT THORNTON LLP, OUR INDEPENDENT TAX ADVISORS. THE FORM 990 AND ALL OF THE REQUIRED SCHEDULES ARE PRESENTED TO THE AUDIT AND ETHICS COMMITTEE, CONSISTING OF SIX VOTING MEMBERS, INCLUDING TWO FINANCIAL EXPERTS AND TWO INVESTMENT COMMITTEE MEMBERS. THE AUDIT AND ETHICS COMMITTEE THEN REVIEWS THE DRAFT FORM 990 WITH MANAGEMENT OF THE SCHOOL AND GRANT THORNTON LLP. A HARD COPY OF THE FORM 990, EXCLUDING SCHEDULE B, IS AVAILABLE TO THE ENTIRE BOARD AT THE MAY BOARD MEETING FOR REVIEW PRIOR TO FILING WITH THE IRS. Conflict of Interest Policy Monitoring & Enforcement Part VI, Line 12c The conflict of interest policy and questionnaire are distributed to the Board of Trustees at the May (final) board meeting. The conflict of interest policy and questionnaires are distributed to key employees during the same time frame (as they do not all attend the Board meeting). The questionnaires are returned to the office of the CFO and are reviewed for any conflicts. In addition, the Controller and CFO review the forms and discuss other potential conflicts. A summary of such conflicts, if any, is prepared for disclosure on the Form 990 and is reviewed by the Audit & Ethics Committee. Process for Determining Compensation Part VI, Line 15a & 15b The Compensation Committee is comprised of the Chairperson of the Board, the Chair of the Finance and Administration Committee, and the Chair of the Board Governance and Leadership Committee. The Compensation Committee is deemed independent as it is comprised of individuals unrelated to and not subject to the control of the Head of School. In preparation for this decision, a compensation comparison is prepared using data from the National Association of Independent Schools (NAIS). Data is pulled and analyzed for a set of predetermined peer schools and benchmark schools. The Strategic Planning Committee sets the list of benchmark schools as they are used for comparison for various items across the School. The Compensation Committee then uses this information to negotiate the contract for the Head of School. The Head of School sets the salaries of the Leadership Team (including the key employees as well as various other leadership positions). The Head uses similar comparable data from NAIS to determine salary levels. The Compensation Committee approves the salaries set by the Head of School. In addition, the compensation agreement between the Head of School and the Compensation Committee is documented in meeting minutes which are retained as part of the year's Board meeting minutes. How Documents are Made Available to the Public Part VI, Line 19 The school's governing documents, conflict of interest policy, and financial statements are available to the public upon request. Reconciliation of Net Assets Part XI, Line 5 Unrealized gain/loss (3,736,378) Investment Management Fees Part IX, Line 11f The Hockaday School nets investment fees against interest and dividend income. These fees include custodial, advisory, and other fees disclosed by certain investment managers that were approximately $560,000 and $386,000 for the years ended June 30, 2012 and 2011, respectively. ISAS Group Benefits Trust 12712 Park Central Dr Ste 100 Dallas TX 75251 731366012 VEBA TX 501(c)(9) n/a na false false false false false false false false false false false false false false false false false true false ISAS Group Benefits Trust q 1962433 Cash