2013-02-15T08:26:14-06:00 2012-06-30 050255779 SANSIVERI KIMBALL & CO LLP 55 DORRANCE STREET PROVIDENCE RI 02903 990 2011-07-01 050259009 ST GEORGE'S SCHOOL STGE 4018477565 372 PURGATORY ROAD MIDDLETOWN RI 028425984 ELIZABETH F MCGRATH 4018477565 2013-02-07 1 KATIE L KLOSS CPA P01067567 4013310500 2011 2016-03-07 17:11:31Z ELIZABETH F MCGRATH 372 PURGATORY ROAD MIDDLETOWN RI 02842 42611928 0 X WWW.STGEORGES.EDU X PRIVATE SCHOOL 1896 RI TO GIVE STUDENTS IN THE GRADES OF 9 THRU 12 THE OPPORTUNITY OF DEVELOPING TO THE FULLEST EXTENT POSSIBLE THE PARTICULAR GIFTS THAT ARE THEIRS AND TO ENCOURAGE IN THEM THE DESIRE TO DO SO. 28 27 254 275 0 -603174 3943319 5751721 16081416 16835124 7325047 7249564 2174349 863008 29524131 30699417 4243701 3981412 0 0 11717049 11558824 24206 39913 1907274 11527766 12742629 27512722 28322778 2011409 2376639 185019571 183282729 28742707 29465928 156276864 153816801 TO GIVE STUDENTS IN THE GRADES OF 9 THRU 12 THE OPPORTUNITY OF DEVELOPING TO THE FULLEST EXTENT POSSIBLE THE PARTICULAR GIFTS THAT ARE THEIRS AND TO ENCOURAGE IN THEM THE DESIRE TO DO SO. 0 0 22653681 22304571 ST. GEORGE'S SCHOOL PRIMARILY PROVIDES INSTRUCTION AND STUDENT EDUCATION SUPPORT TO STUDENTS IN GRADES 9-12. 22653681 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 0 1 0 1 0 1 0 1 1 0 0 0 0 1 1 1 0 0 0 0 0 1 1 0 1 0 1 0 0 0 0 1 0 0 0 0 1 55 0 1 254 1 1 1 0 0 0 0 0 0 0 0 0 X 28 27 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X ELIZABETH F MCGRATH DIR OF FINANCE 4018426785 372 PURGATORY ROAD MIDDLETOWN RI 02842 ERIC PETERSON 40.00 X X 324816 0 59125 RODULPHUS BETHEA JR 0.00 X 0 0 0 STUART G DANFORTH 0.00 X 0 0 0 WILLIAM G DEAN 0.00 X 0 0 0 ERIC O FORNELL 0.00 X 0 0 0 BARBARA PUTNAM 0.00 X 0 0 0 WILLIAM C DORSEY 0.00 X 0 0 0 ROBERT C DUCOMMUN 0.00 X X 0 0 0 DAVID S HALWIG 0.00 X 0 0 0 FRANCIS S BRANIN JR 0.00 X X 0 0 0 LESLIE BATHGATE HEANEY 0.00 X 0 0 0 JOSEPH C HOOPES 0.00 X 0 0 0 CHRISTINE ELIA 0.00 X 0 0 0 BETTS HMURRAY 0.00 X X 0 0 0 JONATHAN T ISHAM JR 0.00 X 0 0 0 THE RT REV HAYS H ROCKWELL 0.00 X 0 0 0 RICHARD A WAYNER 0.00 X 0 0 0 NORRIS STRAWBRIDGE 0.00 X 0 0 0 CHARLES K WILLIAMS III 0.00 X 0 0 0 LAURA S DE RAMEL 0.00 X 0 0 0 LAURA F PEDRICK 0.00 X 0 0 0 WILLIAM PRESCOTT 0.00 X 0 0 0 CHRISTOPHER B SAROFIM 0.00 X 0 0 0 PAMELA G LAYTON 0.00 X 0 0 0 ANNE T MCCORMACK 0.00 X 0 0 0 DAVID A MCELHINNY 0.00 X 0 0 0 DANA L SCHMALTZ 0.00 X 0 0 0 LANGDON VAN NORDEN JR 0.00 X 0 0 0 ELIZABETH FMCGRATH 40.00 X 137610 0 23409 ROBERT G WESTON 40.00 X 113476 0 45005 GEORGE STAPLES 40.00 X 130836 0 54894 PATRICIA MOSS 40.00 X 137455 0 23409 THOMAS P CALLAHAN 30.00 X 125886 0 17173 PAUL R HIGGINS 40.00 X 167080 0 59085 1137159 0 282100 7 0 1 0 SHAWMUT DESIGN AND CONSTRUCTION SUITE A 275 3 DAVOL SQUARE PROVIDENCE RI 02903 CONSTRUCTION CONTRACTOR 5492071 SAGE DINING SERVICES INC 222 BOSLEY AVENUE SUITE B7 TOWNSON MD 21204 DINING SERVICES 1557671 ABM JANITORIAL SERVICES NORTHEAST INC PO BOX 1534 NEW YORK NY 100081534 CLEANING SERVICES 732725 APEX TECHNOLOGY GROUP INC 2158 PLAINFIELD PIKE SUITE 1 CRANSTON RI 02921 CONSULTANTS/TECHNOLOGY 508218 CREATIVE OFFICE PAVILION ONE MUTUAL PLACE PROVIDENCE RI 02906 OFFICE SPACE DESIGNERS 237043 10 5751721 1279000 5751721 STUDENT SERVICES 900099 16835124 16835124 16835124 2643125 2643125 16518950 11912511 4606439 4606439 4606439 OTHER INVESTMENT GAIN 900099 863008 863008 863008 30699417 22304571 0 2643125 3746493 3746493 234919 234919 1419261 364503 778593 276165 7407901 5932997 837152 637752 827000 568988 164159 93853 1288741 996880 168250 123611 615921 451456 106533 57932 29806 29806 52095 52095 39913 39913 269531 269531 1664841 1511411 103882 49548 228858 40541 1413 186904 299122 270353 16666 12103 504792 323553 172829 8410 1216493 1155668 60825 571026 349272 10301 211453 192280 181200 6864 4216 421275 400211 21064 3173671 3014987 158684 295544 295544 DINING SERVICES/FOOD CO 1615599 1578908 36691 OTHER 1372220 764344 454562 153314 FACILITY REPAIRS 835476 766997 53070 15409 28322778 22653681 3761823 1907274 645916 616330 4198911 4322648 217581 137787 190000 190000 463004 450337 222737 222916 285412 296324 87852085 39077399 48945054 48774686 129353440 127817646 497516 454055 185019571 183282729 4324285 2883649 1996226 2580768 18360000 17670000 86000 1431000 3976196 4900511 28742707 29465928 X 61785829 59366638 33184899 32848249 61306136 61601914 156276864 153816801 185019571 183282729 X 2376639 -4836702 X X 0 1 1 X 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 109988044 552081 3462249 7190957 106811417 92289352 654535 22998584 5954427 109988044 84827067 2501892 11508047 6547654 92289352 105215040 3444762 -16960125 6872610 84827067 0.26050 0.50940 0.23010 1 0 791488 791488 69806087 28862993 40943094 3878052 2361517 1516535 12226920 7852889 4374031 1149538 1149538 48774686 INVESTMENTS 116400123 F SPLIT INTEREST AGREEMENTS 11417523 F 127817646 DUE TO BENEFICIARIES OF SPLIT INTEREST AGREEMENTS 2787671 INTEREST RATE SWAP 2112840 4900511 30699417 28322778 2376639 -3776464 -1060238 -4836702 -2460063 21881303 -3776464 -5041650 -8818114 30699417 0 30699417 24341366 0 24341366 3981412 3981412 28322778 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: THE SCHOOL'S ENDOWMENT CONSISTS OF NUMEROUS FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES. ITS ENDOWMENT FUNDS INCLUDE BOTH DONOR-RESTRICTED ENDOWMENT FUNDS AND UNRESTRICTED FUNDS DESIGNATED BY THE BOARD OF TRUSTEES TO FUNCTION AS ENDOWMENT FUNDS. THE SCHOOL HAS ADOPTED INVESTMENT AND SPENDING POLICIES FOR ENDOWMENT ASSETS THAT ATTEMPT TO PROVIDE A PREDICTABLE STREAM OF FUNDING TO PROGRAMS SUPPORTED BY ITS ENDOWMENT WHILE SEEKING TO MAINTAIN THE PURCHASING POWER OF THE ENDOWMENT ASSETS. PART XI, LINE 8 - OTHER ADJUSTMENTS: UNREALIZED LOSS ON INTEREST RATE HEDGE -1,060,238. PART XII, LINE 2D - OTHER ADJUSTMENTS: STUDENT AID -3,981,412. UNREALIZED LOSS ON INTEREST RATE HEDGING RELATED TO BONDS -1,060,238. PART XIII, LINE 4B - OTHER ADJUSTMENTS: STUDENT AID 3,981,412. 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 THE RACIALLY NON-DISCRIMINATORY POLICY IS WRITTEN IN ALL ALUMNI BULLETINS AND SCHOOL CATALOGS. ST. GEORGE'S SCHOOL ADMITS STUDENTS OF ANY RACE, COLOR, NATIONAL AND ETHNIC ORIGIN TO ALL THE RIGHTS, PRIVILEGES, PROGRAMS, AND ACTIVITIES GENERALLY ACCORDED OR MADE AVAILABLE TO STUDENTS AT THE SCHOOL. IT DOES NOT DISCRIMINATE ON THE BASIS OF RACE, COLOR, NATIONAL AND ETHNIC ORIGIN IN ADMINISTRATION OF ITS EDUCATIONAL POLICIES, ADMISSIONS POLICIES, SCHOLARSHIP AND LOAN PROGRAMS, AND ATHLETIC AND OTHER SCHOOL-ADMINISTERED PROGRAMS. 1 SOUTH AMERICA 0 0 GRANTS 128549 CENTRAL AMERICA & CARRIBEAN 0 0 GRANTS 10000 NORTH AMERICA 0 0 GRANTS 71340 SOUTH ASIA 0 0 GRANTS 25030 NORTH AMERICA 0 0 INVESTMENTS 464629 EUROPE 0 0 INVESTMENTS 6886816 0 0 0 0 0 0 7586364 0 7586364 NEED-BASED GRANTS SOUTH AMERICA 3 125500 SCHOLARSHIP FMV EDUCATIONAL SUPPLIES SOUTH AMERICA 1 3049 LAPTOP GRANT FMV NEED-BASED GRANTS CENTRAL AMERICAN & CARRIBEAN 1 10000 SCHOLARSHIP FMV NEED-BASED GRANTS NORTH AMERICA 4 70500 SCHOLARSHIP FMV EDUCATIONAL SUPPLIES NORTH AMERICA 1 840 LAPTOP GRANT FMV NEED-BASED GRANTS SOUTH ASIA 1 25000 SCHOLARSHIP FMV EDUCATIONAL SUPPLIES SOUTH ASIA 1 30 LAPTOP GRANT FMV 0 0 0 0 0 0 PART 1, QUESTION 2: GRANTS ARE PROVIDED TO STUDENTS TO ATTEND ST. GEORGE'S SCHOOL AND ARE RECORDED AS A CREDIT AGAINST THE FULL BOARDING TUITION CHARGE. ANY ADDITIONAL GRANTS FOR INCIDENTAL CHARGES, INCLUDING THE PURCHASE OF A LAPTOP COMPUTER, INSURANCE, ETC. ARE RECORDED AS CREDITS TO A STUDENT'S ACCOUNT TO OFFSET EXPENSES PAID DIRECTLY BY THE SCHOOL ON BEHALF OF THE STUDENT. X X X X X 1 GRENZEBACK GLIER & ASSOCIATES 24 ARDEN ROAD WELLESLEY MA 02482 CONSULTANT 0 3408187 39913 3368274 3408187 39913 3368274 RI 1 STUDENT SCHOLARSHIPS - DAY & BOARDING TUITION 108 3653151 FMV CREDITS AGAINST TUITION DUE EDUCATIONAL SUPPLIES 66 4318 89024 FMV LAPTOP COMPUTERS, INSURANCE, ETC. PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: MOST FUNDS ARE DISTRIBUTED AS CREDITS AGAINST CHARGES ON STUDENT ACCOUNTS, AND ARE MOSTLY FOR PURCHASES OF TUITION, TEXTBOOKS OR MEDICAL INSURANCE. THE FINANCIAL AID OFFICERS AND THE STUDENTS' ADVISORS MEET REGULARLY WITH THE STUDENTS RECEIVING AID TO REVIEW ANY EXPENSES. X X 1 1 X X X 0 0 0 0 0 0 0 0 0 ERIC PETERSON 253951 0 61750 0 9115 0 26950 0 32175 0 383941 0 0 0 ELIZABETH FMCGRATH 137130 0 0 0 480 0 15308 0 8101 0 161019 0 0 0 ROBERT G WESTON 113476 0 0 0 0 0 12966 0 32039 0 158481 0 0 0 GEORGE STAPLES 130836 0 0 0 0 0 15308 0 39586 0 185730 0 0 0 PATRICIA MOSS 136975 0 0 0 480 0 15308 0 8101 0 160864 0 0 0 PAUL R HIGGINS 167080 0 0 0 0 0 19442 0 39643 0 226165 0 0 0 PART I, LINE 1A THE ORGANIZATION IS A BOARDING HIGH SCHOOL. HOUSING IS PROVIDED FOR THE CONVENIENCE OF THE ORGANIZATION AS WELL AS OF A CONDITION OF EMPLOYMENT. A $5,000 DISCRETIONARY ACCOUNT IS AVAILABLE FOR THE HEAD OF SCHOOL. DOCUMENTATION OF ALL EXPENSES IS MAINTAINED. RHODE ISLAND HEALTH & EDUCATIONAL BUILDING CORP 521300173 762195CH6 2003-10-22 18000000 SEE PART VI 0 0 0 RHODE ISLAND HEALTH & EDUCATIONAL BUILDING CORP 521300173 2010-12-29 4000000 SEE PART VI 0 0 0 4145000 1 0 1 1 185000 1 0 1 1 0 0 0 0 0.00000 0.00000 0.00000 1 0 0 0 0 0.00000 0.00000 0.00000 1 0 1 0 0 0 0 0 1 0 0 0 0 SCHEDULE K SUPPLENTAL INFORMATION THE PROJECT FOR BOND A CONSISTS PRIMARILY OF THE FINANCING OF (1) THE PLANNING, ACQUISITION, CONSTRUCTION, EQUIPPING AND FURNISHING OF VARIOUS OF THE BORROWER'S FACILITIES LOCATED AT 372 PURGATORY ROAD IN MIDDLETOWN, RHODE ISLAND, AND ADJACENT AREAS TO BE USED IN FURTHERANCE OF THE SCHOOL'S EDUCATIONAL MISSION AND (2) THE REFINANCING OF APPROXIMATELY $11,575,000 OF OUTSTANDING DEBT FROM THE SCHOOL'S SERIES 2000 BOND ISSUE. THE PROJECT FOR BOND B CONSISTS ENTIRELY OF REFUNDING A $4 MILLION LINE OF CREDIT NOTE ISSUED ON 11/29/2007. ERIC F PETERSON PROMISSORY NOTE FOR PURCHASE OF RESIDENCE X 190000 190000 0 1 1 190000 UNDISCLOSED DUE TO FERPA ACT UNDISCLOSED DUE TO (FERPA) ACT 97800 GRANTS AND SCHOLARSHIPS TO ATTEND ST. GEORGE'S SCHOOL & OTHER HIGH SCHOOLS KRISTA L PETERSON SPOUSE OF OFFICER 40800 COMPENSATION 0 ANN R WESTON SPOUSE OF OFFICER 45012 COMPENSATION 0 X 52 1279000 FAIR MARKET VALUE 0 0 0 FORM 990, PART VI, SECTION B, LINE 11 THE AUDIT COMMITTEE REVIEWS A DRAFT OF THE TAX RETURN BEFORE FILING. EMAIL NOTIFICATION IS SENT TO ALL TRUSTEES INFORMING THEM THAT THE FINAL VERSION OF THE TAX RETURN, EXCLUDING GIFTS, HAS BEEN POSTED TO THE TRUSTEES' WEBSITE. FORM 990, PART VI, SECTION B, LINE 12C IN ORDER TO MONITOR AND ENFORCE COMPLIANCE OF THE POLICY, A SIGNED CONFLICT OF INTEREST POLICY IS REQUIRED ON AN ANNUAL BASIS. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION HIRES AN EDUCATIONAL COMPENSATION CONSULTANT TO WORK ON THE "HEAD OF SCHOOL'S" COMPENSATION CONTRACT. THE HEAD OF SCHOOL ALSO REVIEWS DATA FROM COMPARABLE SCHOOLS TO ENSURE THAT COMPENSATION IS IN LINE WITH OTHER SIMILAR SCHOOLS. THE COMPENSATION COMMITTEE REVIEWS THE PERTINENT DATA AND THE DECISION PROCESS WITH THE HEAD OF SCHOOL. FORM 990, PART VI, SECTION C, LINE 19 UPON REQUEST THE SCHOOL MAKES IT'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED LOSSES ON INVESTMENTS: -3,776,464. UNREALIZED LOSS ON INTEREST RATE HEDGE -1,060,238. TOTAL TO FORM 990, PART XI, LINE 5: -4,836,702. THE PROCESS PERFORMED BY THE AUDIT COMMITTEE IN ORDER TO ASSUME RESPONSIBILITY FOR THE AUDITED FINANCIAL STATEMENTS HAS NOT CHANGED SINCE THE PRIOR YEAR. CAMP RAMLEH CO ST GEORGE'S SCHOOL PO BOX 1910 NEWPORT RI 02840 050259009 SUMMER CAMP RI 501(C)(3) 7 N/A 0 0 1 0 0 0 0 0 0 0 0 1 0 1 0 0 1 0 0