PROTESTANT EPISCOPAL HIGH SCHOOL IN VIRGINIA: Form 990, tax year 2011

View the entire original 990 at ProPublica ↗

Organization: PROTESTANT EPISCOPAL HIGH SCHOOL IN VIRGINIA (EIN 54-0506326)
Tax period: 2011-07-01 to 2012-06-30
Filed: 2013-05-03
IRS object ID: 201341239349300414
Schema version: 2011v1.5
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990
Schedule A
Schedule B
Schedule D
Schedule E
Schedule F
Schedule I
Schedule J
Schedule K
Schedule L
Schedule M
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2013-05-03T08:44:32-05:00	Timestamp
Tax Period End Date	2012-06-30	TaxPeriodEndDate

Preparer Firm PreparerFirm

Field	Value	IRS element (for citing)
EIN	420714325	EIN

Preparer Firm Business Name PreparerFirmBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	MCGLADREY LLP	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	9737 WASHINGTONIAN BLVD 400	AddressLine1
City	GAITHERSBURG	City
State	MD	State
ZIP Code	208787340	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990	ReturnType
Tax Period Begin Date	2011-07-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	540506326	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	THE PROTESTANT EPISCOPAL HIGH SCHOOL IN VIRGINIA	BusinessNameLine1

Field	Value	IRS element (for citing)
Name Control	PROT	NameControl
Phone	7039333000	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	1200 N QUAKER LANE	AddressLine1
City	ALEXANDRIA	City
State	VA	State
ZIP Code	223023004	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	WILLIAM H DE BUTTS III	Name
Title	CFO	Title
Phone	7039333000	Phone
Date Signed	2013-05-02	DateSigned
Authorize Third Party	1	AuthorizeThirdParty

Preparer Preparer

Field	Value	IRS element (for citing)
Name	WILLIAM E TURCO CPA	Name
PTIN	P00369217	PTIN
Phone	3012963600	Phone

Field	Value	IRS element (for citing)
Tax Year	2011	TaxYear
Build TS	2016-03-07 17:11:31Z	BuildTS

Form 990 IRS990

Doing Business As DoingBusinessAs

Field	Value	IRS element (for citing)
Business Name Line1	EPISCOPAL HIGH SCHOOL	BusinessNameLine1

Field	Value	IRS element (for citing)
Name Of Principal Officer Person	F ROBERTSON HERSHEY	NameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

Field	Value	IRS element (for citing)
Address Line1	1200 N QUAKER LANE	AddressLine1
City	ALEXANDRIA	City
State	VA	State
ZIP Code	223023004	ZIPCode

Field	Value	IRS element (for citing)
Gross Receipts	37091159	GrossReceipts
Group Return For Affiliates	0	GroupReturnForAffiliates
Organization501c3	X	Organization501c3
Web Site	WWW.EPISCOPALHIGHSCHOOL.ORG	WebSite
Type Of Organization Corporation	X	TypeOfOrganizationCorporation
Year Formation	1839	YearFormation
State Legal Domicile	VA	StateLegalDomicile
Activity Or Mission Description	THE INSTITUTION'S PRIMARY EXEMPT PURPOSE IS TO PROVIDE EDUCATION TO HIGH SCHOOL STUDENTS.	ActivityOrMissionDescription
Nbr Voting Members Governing Body	24	NbrVotingMembersGoverningBody
Nbr Independent Voting Members	24	NbrIndependentVotingMembers
Total Nbr Employees	259	TotalNbrEmployees
Total Nbr Volunteers	25	TotalNbrVolunteers
Total Gross UBI	12096	TotalGrossUBI
Net Unrelated Business Txbl Income	0	NetUnrelatedBusinessTxblIncome
Contributions Grants Prior Year	11389716	ContributionsGrantsPriorYear
Contributions Grants Current Year	9806900	ContributionsGrantsCurrentYear
Program Service Revenue Prior Year	19864167	ProgramServiceRevenuePriorYear
Program Service Revenue CY	20708882	ProgramServiceRevenueCY
Investment Income Prior Year	7939596	InvestmentIncomePriorYear
Investment Income Current Year	6229848	InvestmentIncomeCurrentYear
Other Revenue Prior Year	106548	OtherRevenuePriorYear
Other Revenue Current Year	84888	OtherRevenueCurrentYear
Total Revenue Prior Year	39300027	TotalRevenuePriorYear
Total Revenue Current Year	36830518	TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year	4543539	GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY	4393987	GrantsAndSimilarAmntsCY
Benefits Paid To Members Prior Year	0	BenefitsPaidToMembersPriorYear
Benefits Paid To Members CY	0	BenefitsPaidToMembersCY
Salaries Etc Prior Year	14146979	SalariesEtcPriorYear
Salaries Etc Current Year	14617872	SalariesEtcCurrentYear
Total Prof Fundrsng Exp Prior Year	0	TotalProfFundrsngExpPriorYear
Total Prof Fundrsng Exp CY	0	TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year	1567027	TotalFundrsngExpCurrentYear
Other Expense Prior Year	14209763	OtherExpensePriorYear
Other Expenses Current Year	14513742	OtherExpensesCurrentYear
Total Expenses Prior Year	32900281	TotalExpensesPriorYear
Total Expenses Current Year	33525601	TotalExpensesCurrentYear
Revenues Less Expenses Prior Year	6399746	RevenuesLessExpensesPriorYear
Revenues Less Expenses CY	3304917	RevenuesLessExpensesCY
Total Assets BOY	359156795	TotalAssetsBOY
Total Assets EOY	390441391	TotalAssetsEOY
Total Liabilities BOY	44862685	TotalLiabilitiesBOY
Total Liabilities EOY	57020223	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	314294110	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	333421168	NetAssetsOrFundBalancesEOY
Info In Schedule O Part III	X	InfoInScheduleOPartIII
Mission Description	FOUNDED ON A TRADITION OF HONOR AND THE PURSUIT OF SELF-DISCOVERY, EPISCOPAL HIGH SCHOOL ENGAGES STUDENTS IN A CHALLENGING COLLEGE PREPARATORY EDUCATION. THE SCHOOL FOSTERS EMPATHY AND RESPONSIBILITY FOR SELF AND OTHERS THROUGH A COMMITMENT TO SPIRITUAL INQUIRY AND GROWTH IN A FULLY RESIDENTIAL COMMUNITY. STUDENTS ARE ENCOURAGED TO THINK CREATIVELY, WORK COLLABORATIVELY, DEVELOP INDIVIDUAL PASSIONS, AND CELEBRATE THE TALENTS OF OTHERS. SHARING DIVERSE LIFE EXPERIENCES, IDEAS, AND VALUES, STUDENTS LEARN HUMILITY, RESILIENCE, AND MUTUAL RESPECT. THROUGH ACCESS TO THE EDUCATIONAL AND CULTURAL RESOURCES OF THE NATIONS CAPITAL, STUDENTS ARE INSPIRED TO UNDERSTAND AND EMBRACE A CHANGING WORLD. TOGETHER, FACULTY AND STUDENTS TAKE INITIATIVE AS INFORMED CITIZENS AND ENVIRONMENTAL STEWARDS.	MissionDescription
Significant New Program Services	0	SignificantNewProgramServices
Significant Change	0	SignificantChange
Expense	28079814	Expense
Grants	4393987	Grants
Revenue	20708882	Revenue
Description	THE PROTESTANT EPISCOPAL HIGH SCHOOL IN VIRGINIA, FOUNDED IN 1839, IS A CO-ED COLLEGE PREPARATORY, 100% BOARDING SCHOOL (440 STUDENTS IN GRADES 9-12) LOCATED ON A 135-ACRE CAMPUS IN THE CITY OF ALEXANDRIA, VIRGINIA, APPROXIMATELY SEVEN MILES FROM WASHINGTON, DC. EPISCOPAL IS DEDICATED TO THE STUDENT'S PURSUIT OF EXCELLENCE AND TO THE JOY OF LEARNING AND SELF-DISCOVERY IN A CARING AND SUPPORTIVE COMMUNITY. ENRICHED BY THE EDUCATIONAL AND CULTURAL RESOURCES OF THE NATION'S CAPITAL, EPISCOPAL'S DYNAMIC ACADEMIC PROGRAM ENCOURAGES STUDENTS TO DEVELOP INDIVIDUAL TALENTS AND PREPARES THEM TO ATTEND SELECTIVE COLLEGES AND UNIVERSITIES. STUDENTS FROM DIVERSE BACKGROUNDS LIVE AND LEARN TOGETHER IN A RESIDENTIAL COMMUNITY BASED ON A FOUNDATION OF HONOR, RESPONSIBILITY, AND MUTUAL RESPECT. THEY DEVELOP ENDURING RELATIONSHIPS AT EHS AND GROW AS DISCERNING, SELF-RELIANT, CREATIVE, COMPASSIONATE INDIVIDUALS. THE EPISCOPAL HIGH SCHOOL COMMUNITY PREPARES YOUNG PEOPLE TO LEAD PRINCIPLED AND FULFILLING LIVES OF LEADERSHIP AND SERVICE TO OTHERS.	Description
Total Program Service Expense	28079814	TotalProgramServiceExpense
Described In501 C3	1	DescribedIn501C3
Schedule B Required	1	ScheduleBRequired
Political Activities	0	PoliticalActivities
Lobbying Activities	0	LobbyingActivities
Subject To Proxy Tax	0	SubjectToProxyTax
Donor Advised Funds	0	DonorAdvisedFunds
Conservation Easements	0	ConservationEasements
Collections Of Art	1	CollectionsOfArt
Credit Counseling	0	CreditCounseling
Term Or Permanent Endowments	1	TermOrPermanentEndowments
Report Land Bldg Equip	1	ReportLandBldgEquip
Report Invest Oth Securities	1	ReportInvestOthSecurities
Report Prog Rel Invest	0	ReportProgRelInvest
Report Other Assets	1	ReportOtherAssets
Report Other Liabilities	1	ReportOtherLiabilities
Report Fin48 Footnote	1	ReportFin48Footnote
Independent Audit Financial Stmt	1	IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt	0	ConsolidatedAuditFinancialStmt
School	1	School
Foreign Office	0	ForeignOffice
Foreign Activities	1	ForeignActivities
More Than5000 K To Organizations	0	MoreThan5000KToOrganizations
More Than5000 K To Individuals	0	MoreThan5000KToIndividuals
Professional Fundraising	0	ProfessionalFundraising
Fundraising Activities	0	FundraisingActivities
Gaming	0	Gaming
Hospital	0	Hospital
Grants To Organizations	0	GrantsToOrganizations
Grants To Individuals	1	GrantsToIndividuals
Schedule J Required	1	ScheduleJRequired
Tax Exempt Bonds	1	TaxExemptBonds
Invest Tax Exempt Bonds	0	InvestTaxExemptBonds
Escrow Account	0	EscrowAccount
On Behalf Of Issuer	0	OnBehalfOfIssuer
Excess Benefit Transaction	0	ExcessBenefitTransaction
Prior Excess Benefit Transaction	0	PriorExcessBenefitTransaction
Loan To Officer Or DQP	1	LoanToOfficerOrDQP
Grant To Related Person	0	GrantToRelatedPerson
Bsnss Rltnshp With Organization	0	BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member	0	BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp	0	OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions	1	DeductibleNonCashContributions
Deductible Contributions Of Art	1	DeductibleContributionsOfArt
Terminated	0	Terminated
Partial Liquidation	0	PartialLiquidation
Disregarded Entity	0	DisregardedEntity
Related Entity	0	RelatedEntity
Related Org Controlled Entity	0	RelatedOrgControlledEntity
Transaction Related Entity	0	TransactionRelatedEntity
Transfers To Exempt Non Chrtbl Org	0	TransfersToExemptNonChrtblOrg
Activities Conducted Partnership	0	ActivitiesConductedPartnership
Schedule O Required	1	ScheduleORequired
Number Forms Transmitted With1096	40	NumberFormsTransmittedWith1096
Number W2 G Included	0	NumberW2GIncluded
Compliance With Backup Witholding	1	ComplianceWithBackupWitholding
Number Of Employees	259	NumberOfEmployees
Employment Tax Returns Filed	1	EmploymentTaxReturnsFiled
Unrelated Business Income	1	UnrelatedBusinessIncome
Form990-T Filed	1	Form990-TFiled
Foreign Financial Account	0	ForeignFinancialAccount
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTrans
Taxable Party Notification	0	TaxablePartyNotification
Non Deductible Contributions	0	NonDeductibleContributions
Quid Pro Quo Contributions	0	QuidProQuoContributions
Form8282 Property Disposed Of	0	Form8282PropertyDisposedOf
Funds To Pay Premiums	0	FundsToPayPremiums
Premiums Paid	0	PremiumsPaid
Indoor Tanning Services	0	IndoorTanningServices
Info In Schedule O Part VI	X	InfoInScheduleOPartVI
Nbr Voting Governing Body Members	24	NbrVotingGoverningBodyMembers
Number Independent Voting Members	24	NumberIndependentVotingMembers
Family Or Business Relationship	0	FamilyOrBusinessRelationship
Delegation Of Management Duties	0	DelegationOfManagementDuties
Changes To Organizing Docs	0	ChangesToOrganizingDocs
Material Diversion Or Misuse	0	MaterialDiversionOrMisuse
Members Or Stockholders	0	MembersOrStockholders
Election Of Board Members	0	ElectionOfBoardMembers
Decisions Subject To Approval	0	DecisionsSubjectToApproval
Minutes Of Governing Body	1	MinutesOfGoverningBody
Minutes Of Committees	1	MinutesOfCommittees
Officer Mailing Address	0	OfficerMailingAddress
Local Chapters	0	LocalChapters
Form990 Provided To Governing Body	0	Form990ProvidedToGoverningBody
Conflict Of Interest Policy	1	ConflictOfInterestPolicy
Annual Disclosure Covered Persons	1	AnnualDisclosureCoveredPersons
Regular Monitoring Enforcement	1	RegularMonitoringEnforcement
Whistleblower Policy	1	WhistleblowerPolicy
Document Retention Policy	1	DocumentRetentionPolicy
Compensation Process CEO	1	CompensationProcessCEO
Compensation Process Other	1	CompensationProcessOther
Investment In Joint Venture	0	InvestmentInJointVenture
Upon Request	X	UponRequest

The Books Are In Care Of TheBooksAreInCareOf

Name Business NameBusiness

Field	Value	IRS element (for citing)
Business Name Line1	WILLIAM H DE BUTTS III CFO	BusinessNameLine1

Field	Value	IRS element (for citing)
Telephone Number	7039333000	TelephoneNumber

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	1200 N QUAKER LANE	AddressLine1
City	ALEXANDRIA	City
State	VA	State
ZIP Code	223023004	ZIPCode

Form990 Part VII Section A Form990PartVIISectionA (33 entries)

TitleTitle	Average Hours Per WeekAverageHoursPerWeek	Individual Trustee Or DirectorIndividualTrusteeOrDirector	Reportable Comp From OrganizationReportableCompFromOrganization	Reportable Comp From Related OrgsReportableCompFromRelatedOrgs	Other CompensationOtherCompensation	OfficerOfficer	Key EmployeeKeyEmployee	Highest Compensated EmployeeHighestCompensatedEmployee
BAILEY W PATRICK
CHAIRMAN OF THE BOARD	1.00	X	0	0	0
ATTISON L BARNES III
TRUSTEE	1.00	X	0	0	0
KIMBERLY D BELK
TRUSTEE	1.00	X	0	0	0
RICHARD M BERKELEY
TRUSTEE	1.00	X	0	0	0
ELIZABETH G BLAINE
TRUSTEE	1.00	X	0	0	0
WILLIAM R COX III
TRUSTEE	1.00	X	0	0	0
THOMAS C DASHIELL
TRUSTEE	1.00	X	0	0	0
CRAIG A A DIXON
TRUSTEE	1.00	X	0	0	0
WALLER T DUDLEY
TRUSTEE	1.00	X	0	0	0
JAMES A HARDISON III
TRUSTEE	1.00	X	0	0	0
H LEE S HOBSON
TRUSTEE	1.00	X	0	0	0
H WINSTON HOLT IV
TRUSTEE	1.00	X	0	0	0
LISA GODDARD HUFFINES
TRUSTEE	1.00	X	0	0	0
MARY TAYLOE H KEEVIL
TRUSTEE	1.00	X	0	0	0
SARAH AKRIDGE KNUTSON
TRUSTEE	1.00	X	0	0	0
RANDOLPH C METCALFE
TRUSTEE	1.00	X	0	0	0
C ELIS OLSSON
TRUSTEE	1.00	X	0	0	0
WILLIAM R PEELLE JR
TRUSTEE	1.00	X	0	0	0
CARL S RAGSDALE
TRUSTEE	1.00	X	0	0	0
HOWARD W SMITH III
TRUSTEE	1.00	X	0	0	0
NANCY R WALL
TRUSTEE	1.00	X	0	0	0
DONALDSON G WILLIAMS
TRUSTEE	1.00	X	0	0	0
ROBERT WILSON III
TRUSTEE	1.00	X	0	0	0
TOBY S WILT JR
TRUSTEE	1.00	X	0	0	0
R HALSEY WISE
TRUSTEE	1.00	X	0	0	0
F ROBERTSON HERSHEY
PRESIDENT/HEADMASTER	40.00		551640	0	107004	X
WILLIAM H DEBUTTS III
SECRETARY/TREASURER/CFO	40.00		208855	0	100117	X
ROBERT ECKERT
DIR OF DEVELOPMENT	40.00		172401	0	61454		X
ADRIANNA BRAVO
MEDICAL DIRECTOR	40.00		169736	0	50367			X
MARY FIELDER
ASST. HEAD FOR ACADEMICS	40.00		127927	0	39665			X
TIM JAEGER
ASST. HEAD FOR STUDENT LIFE	40.00		131531	0	54842			X
ROBERT HEDRICK
DIR. OF COLLEGE COUNSELING	40.00		118017	0	17113			X
DAVID HATHAWAY
DIR. OF TECHNOLOGY	40.00		101728	0	46910			X

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	1581835	TotalReportableCompFromOrg
Total Reportable Comp Frm Rltd Orgs	0	TotalReportableCompFrmRltdOrgs
Total Other Compensation	477472	TotalOtherCompensation
Number Individuals GT100 K	8	NumberIndividualsGT100K
Formers Listed	0	FormersListed
Total Comp GT150 K	1	TotalCompGT150K
Compensation From Other Sources	0	CompensationFromOtherSources

Contractor Compensation ContractorCompensation (5 entries)

Address Line1AddressOfContractor/AddressUS/AddressLine1	CityAddressOfContractor/AddressUS/City	StateAddressOfContractor/AddressUS/State	ZIP CodeAddressOfContractor/AddressUS/ZIPCode	Description Of ServicesDescriptionOfServices	CompensationCompensation
FLIK
1200 NORTH QUAKER LANE	ALEXANDRIA	VA	22302	FOOD SERVICE	2065009
CENTERBROOK ARCHITECTS AND PLANNERS LLP
67 MAIN STREET PO BOX 955	CENTERBROOK	CT	064090955	ARCHITECTURE	1162842
SODEXHO INC
PO BOX 536922	ATLANTA	GA	303536922	CUSTODIAL	816365
JAMES G DAVIS CONSTRUCTION CORPORATION
12530 PARKLAWN DRIVE	ROCKVILLE	MD	20852	CONSTRUCTION	594801
DOMINION CONSTRUCTION
6611 JEFFERSON STREET SUITE 100	HAYMARKET	VA	20169	CONSTRUCTION	327202

Field	Value	IRS element (for citing)
Number Of Contractors GT100 K	18	NumberOfContractorsGT100K
All Other Contributions	9806900	AllOtherContributions
Noncash Contributions	2320020	NoncashContributions
Total Contributions	9806900	TotalContributions

Program Service Revenue ProgramServiceRevenue (4 entries)

DescriptionDescription	Business CodeBusinessCode	Total Revenue ColumnTotalRevenueColumn	Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome
TUITION AND FEES	900099	19915013	19915013
SUMMER RECRUITMENT CAM	900099	325462	325462
AUXILIARY FEES	900099	276861	276861
FOREIGN STUDIES	900099	191546	191546

Field	Value	IRS element (for citing)
Total Program Service Revenue	20708882	TotalProgramServiceRevenue

Investment Income InvestmentIncome

Field	Value	IRS element (for citing)
Total Revenue Column	3485849	TotalRevenueColumn
Unrelated Business Revenue	-19779	UnrelatedBusinessRevenue
Exclusion	$3,505,628	ExclusionAmount

Gross Amount Sales Assets GrossAmountSalesAssets

Field	Value	IRS element (for citing)
Securities	2841766	Securities
Other	162874	Other

Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses

Field	Value	IRS element (for citing)
Securities	0	Securities
Other	260641	Other

Gain Or Loss GainOrLoss

Field	Value	IRS element (for citing)
Securities	2841766	Securities
Other	-97767	Other

Net Gain Or Loss Investments NetGainOrLossInvestments

Field	Value	IRS element (for citing)
Total Revenue Column	2743999	TotalRevenueColumn
Exclusion	$2,743,999	ExclusionAmount

Other Revenue Misc OtherRevenueMisc (2 entries)

DescriptionDescription	Business CodeBusinessCode	Total Revenue ColumnTotalRevenueColumn	ExclusionExclusionAmount	Unrelated Business RevenueUnrelatedBusinessRevenue
OTHER REVENUE	900099	53013	$53,013
TENNIS AND SWIM CLUB	713940	31875		31875

Field	Value	IRS element (for citing)
Total Other Revenue	84888	TotalOtherRevenue

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	36830518	TotalRevenueColumn
Related Or Exempt Function Income	20708882	RelatedOrExemptFunctionIncome
Unrelated Business Revenue	12096	UnrelatedBusinessRevenue
Exclusion	$6,302,640	ExclusionAmount

Grants To Domestic Individuals GrantsToDomesticIndividuals

Field	Value	IRS element (for citing)
Total	4393987	Total
Program Services	4393987	ProgramServices

Comp Current Officers Directors CompCurrentOfficersDirectors

Field	Value	IRS element (for citing)
Total	1203406	Total
Program Services	935767	ProgramServices
Management And General	168697	ManagementAndGeneral
Fundraising	98942	Fundraising

Other Salaries And Wages OtherSalariesAndWages

Field	Value	IRS element (for citing)
Total	10414176	Total
Program Services	8135350	ProgramServices
Management And General	1492289	ManagementAndGeneral
Fundraising	786537	Fundraising

Pension Plan Contributions PensionPlanContributions

Field	Value	IRS element (for citing)
Total	758502	Total
Program Services	553322	ProgramServices
Management And General	113147	ManagementAndGeneral
Fundraising	92033	Fundraising

Other Employee Benefits OtherEmployeeBenefits

Field	Value	IRS element (for citing)
Total	1487434	Total
Program Services	1158115	ProgramServices
Management And General	181604	ManagementAndGeneral
Fundraising	147715	Fundraising

Payroll Taxes PayrollTaxes

Field	Value	IRS element (for citing)
Total	754354	Total
Program Services	571614	ProgramServices
Management And General	120447	ManagementAndGeneral
Fundraising	62293	Fundraising

Fees For Services Accounting FeesForServicesAccounting

Field	Value	IRS element (for citing)
Total	132482	Total
Management And General	132482	ManagementAndGeneral

Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees

Field	Value	IRS element (for citing)
Total	359677	Total
Management And General	359677	ManagementAndGeneral

Fees For Services Other FeesForServicesOther

Field	Value	IRS element (for citing)
Total	383876	Total
Program Services	364462	ProgramServices
Management And General	19414	ManagementAndGeneral

Advertising Advertising

Field	Value	IRS element (for citing)
Total	154896	Total
Program Services	65024	ProgramServices
Fundraising	89872	Fundraising

Office Expenses OfficeExpenses

Field	Value	IRS element (for citing)
Total	1242067	Total
Program Services	575353	ProgramServices
Management And General	522938	ManagementAndGeneral
Fundraising	143776	Fundraising

Information Technology InformationTechnology

Field	Value	IRS element (for citing)
Total	274000	Total
Program Services	232358	ProgramServices
Management And General	20821	ManagementAndGeneral
Fundraising	20821	Fundraising

Occupancy Occupancy

Field	Value	IRS element (for citing)
Total	2515509	Total
Program Services	2515509	ProgramServices

Travel Travel

Field	Value	IRS element (for citing)
Total	458292	Total
Program Services	400543	ProgramServices
Management And General	42994	ManagementAndGeneral
Fundraising	14755	Fundraising

Conferences Meetings ConferencesMeetings

Field	Value	IRS element (for citing)
Total	154532	Total
Program Services	128188	ProgramServices
Management And General	26344	ManagementAndGeneral

Interest Interest

Field	Value	IRS element (for citing)
Total	1914969	Total
Program Services	1914969	ProgramServices

Depreciation Depletion DepreciationDepletion

Field	Value	IRS element (for citing)
Total	4393862	Total
Program Services	4393862	ProgramServices

Insurance Insurance

Field	Value	IRS element (for citing)
Total	291457	Total
Management And General	291457	ManagementAndGeneral

Other Expenses OtherExpenses (4 entries)

DescriptionDescription	TotalTotal	Program ServicesProgramServices	Management And GeneralManagementAndGeneral	FundraisingFundraising
FOOD SERVICE	908016	908016
STUDENT SERVICES	749504	749504
OTHER EXPENSES	371595	31237	230075	110283
AMORTIZATION OF BOND CO	69634	19634	50000

All Other Expenses AllOtherExpenses

Field	Value	IRS element (for citing)
Total	139374	Total
Program Services	33000	ProgramServices
Management And General	106374	ManagementAndGeneral

Total Functional Expenses TotalFunctionalExpenses

Field	Value	IRS element (for citing)
Total	33525601	Total
Program Services	28079814	ProgramServices
Management And General	3878760	ManagementAndGeneral
Fundraising	1567027	Fundraising

Cash Non Interest Bearing CashNonInterestBearing

Field	Value	IRS element (for citing)
BOY	10315718	BOY
EOY	10568027	EOY

Savings And Temp Cash Investments SavingsAndTempCashInvestments

Field	Value	IRS element (for citing)
BOY	1158361	BOY
EOY	14176208	EOY

Pledges And Grants Receivable PledgesAndGrantsReceivable

Field	Value	IRS element (for citing)
BOY	12524438	BOY
EOY	10085745	EOY

Accounts Receivable AccountsReceivable

Field	Value	IRS element (for citing)
BOY	324155	BOY
EOY	372993	EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

Field	Value	IRS element (for citing)
BOY	508466	BOY
EOY	528810	EOY

Field	Value	IRS element (for citing)
Land Buildings Equipment Basis	147875355	LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec	42340581	LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Field	Value	IRS element (for citing)
BOY	104741727	BOY
EOY	105534774	EOY

Investments Pub Traded Securities InvestmentsPubTradedSecurities

Field	Value	IRS element (for citing)
BOY	1391595	BOY
EOY	953705	EOY

Investments Other Securities InvestmentsOtherSecurities

Field	Value	IRS element (for citing)
BOY	109778720	BOY
EOY	111106656	EOY

Other Assets Total OtherAssetsTotal

Field	Value	IRS element (for citing)
BOY	118413615	BOY
EOY	137114473	EOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	359156795	BOY
EOY	390441391	EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Field	Value	IRS element (for citing)
BOY	2813655	BOY
EOY	2750039	EOY

Deferred Revenue DeferredRevenue

Field	Value	IRS element (for citing)
BOY	2698275	BOY
EOY	2423008	EOY

Tax Exempt Bond Liabilities TaxExemptBondLiabilities

Field	Value	IRS element (for citing)
BOY	39140000	BOY
EOY	51725006	EOY

Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp

Field	Value	IRS element (for citing)
BOY	78931	BOY
EOY	55180	EOY

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
BOY	131824	BOY
EOY	66990	EOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	44862685	BOY
EOY	57020223	EOY

Field	Value	IRS element (for citing)
Follow SFAS117	X	FollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	105600744	BOY
EOY	107221098	EOY

Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	57119308	BOY
EOY	52193973	EOY

Permanently Restricted Net Assets PermanentlyRestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	151574058	BOY
EOY	174006097	EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	314294110	BOY
EOY	333421168	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	359156795	BOY
EOY	390441391	EOY

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	X	InfoInScheduleOPartXI
Reconcilation Revenue Expenses	3304917	ReconcilationRevenueExpenses
Reconcilation Other Changes	15822141	ReconcilationOtherChanges
Method Of Accounting Accrual	X	MethodOfAccountingAccrual
Accountant Compile Or Review	0	AccountantCompileOrReview
FS Audited	1	FSAudited
Audit Committee	1	AuditCommittee
Financial Statement Separate	X	FinancialStatementSeparate
Federal Grant Audit Required	0	FederalGrantAuditRequired

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
School170b1 Aii	X	School170b1Aii

Schedule B IRS990ScheduleB

Contributor Info ContributorInfo

Field	Value	IRS element (for citing)
Contributor Number	RESTRICTED	ContributorNumber

Contributor Name Business ContributorNameBusiness

Field	Value	IRS element (for citing)
Business Name Line1	RESTRICTED	BusinessNameLine1

Contributor Address US ContributorAddressUS

Field	Value	IRS element (for citing)
Address Line1	RESTRICTED	AddressLine1
Address Line2	RESTRICTED	AddressLine2
City	RESTRICTED	City
State	RESTRICTED	State
ZIP Code	RESTRICTED	ZIPCode

Field	Value	IRS element (for citing)
Aggregate Contributions	RESTRICTED	AggregateContributions

Schedule D IRS990ScheduleD

Art Public Exhibition Amts ArtPublicExhibitionAmts

Field	Value	IRS element (for citing)
Revenues Included	79177	RevenuesIncluded
Assets In Part X	908293	AssetsInPartX

Field	Value	IRS element (for citing)
Collect Used For Public Exhibition	X	CollectUsedForPublicExhibition
Collect Used For Scholar Research	X	CollectUsedForScholarResearch
Collect Used For Preservation	X	CollectUsedForPreservation
Solicited Assets For Sale	0	SolicitedAssetsForSale

Current Year CurrentYear

Field	Value	IRS element (for citing)
Beginning Of Year Balance	239313463	BeginningOfYearBalance
Contributions	6766296	Contributions
Investment Earnings Or Losses	18678100	InvestmentEarningsOrLosses
Other Expenditures	9899500	OtherExpenditures
End Of Year Balance	254858359	EndOfYearBalance

Current Year Minus1 Year CurrentYearMinus1Year

Field	Value	IRS element (for citing)
Beginning Of Year Balance	204745526	BeginningOfYearBalance
Contributions	6937163	Contributions
Investment Earnings Or Losses	43476604	InvestmentEarningsOrLosses
Other Expenditures	15845830	OtherExpenditures
End Of Year Balance	239313463	EndOfYearBalance

Current Year Minus2 Years CurrentYearMinus2Years

Field	Value	IRS element (for citing)
Beginning Of Year Balance	197676839	BeginningOfYearBalance
Contributions	5983238	Contributions
Investment Earnings Or Losses	15909408	InvestmentEarningsOrLosses
Other Expenditures	14823959	OtherExpenditures
End Of Year Balance	204745526	EndOfYearBalance

Current Year Minus3 Years CurrentYearMinus3Years

Field	Value	IRS element (for citing)
Beginning Of Year Balance	231856724	BeginningOfYearBalance
Contributions	4612772	Contributions
Investment Earnings Or Losses	-20969880	InvestmentEarningsOrLosses
Other Expenditures	17822777	OtherExpenditures
End Of Year Balance	197676839	EndOfYearBalance

Field	Value	IRS element (for citing)
Board Designated EOY Balance	0.11240	BoardDesignatedEOYBalance
Permanent Endowment EOY Balance	0.68280	PermanentEndowmentEOYBalance
Term Endowment EOY Balance	0.20480	TermEndowmentEOYBalance
Endowments Held By Unrelated Orgs	0	EndowmentsHeldByUnrelatedOrgs
Endowments Held By Related Orgs	0	EndowmentsHeldByRelatedOrgs

Land Land

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	186120	OtherCostOrOtherBasis
Book Value	186120	BookValue

Buildings Buildings

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	133470248	OtherCostOrOtherBasis
Depreciation	33516412	Depreciation
Book Value	99953836	BookValue

Equipment Equipment

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	10636683	OtherCostOrOtherBasis
Depreciation	8824169	Depreciation
Book Value	1812514	BookValue

Other Land Buildings OtherLandBuildings

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	3582304	OtherCostOrOtherBasis
Book Value	3582304	BookValue

Field	Value	IRS element (for citing)
Total Of Book Value Land Buildings	105534774	TotalOfBookValueLandBuildings

Other Securities OtherSecurities (12 entries)

DescriptionDescription	Book ValueBookValue	Method Of ValuationMethodOfValuation
LONE CEDAR LTD	7251621	F
LONE PINION LTD	985987	F
LONE CASCADE, L.P.	15248884	F
KING STREET CAPITAL LTD	119040	F
SAB OVERSEAS FUND LTD	79331	F
STEADFAST INTERNATIONAL LTD	146120	F
SWIFTCURRENT OFFSHORE LTD	69131	F
ART COLLECTIONS	908293	C
CASH SURRENDER VALUE OF LIFE INSURANCE	2084864	F
MAVERICK STABLE FUND, LTD	43238249	F
MAKENA CAPITAL ASSOCIATES, L.P	17362350	F
TIFF MULTI-ASSET FUND	23612786	F

Field	Value	IRS element (for citing)
Total Of Book Value Securities	111106656	TotalOfBookValueSecurities

Other Assets OtherAssets (4 entries)

DescriptionDescription	Book ValueBookValue
BOND ISSUANCE COSTS - NET	670872
PERPETUAL TRUSTS HELD BY THIRD PARTIES	125956691
ASSETS HELD IN CHARITABLE REMAINDER TRUSTS	9536910
INVESTMENT IN BUTTERFLY HOUSE	950000

Field	Value	IRS element (for citing)
Total Book Value Other Assets	137114473	TotalBookValueOtherAssets

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
Description	ANNUITY OBLIGATIONS	Description
Amount	$66,990	Amount

Field	Value	IRS element (for citing)
Total Of Amounts	66990	TotalOfAmounts
Total Revenue	36830518	TotalRevenue
Total Expenses	33525601	TotalExpenses
Excess Or Deficit For Year	3304917	ExcessOrDeficitForYear
Net Unrealized GL On Investments	-1375914	NetUnrealizedGLOnInvestments
Other	$17,198,055	OtherAmount
Total Adjustments	15822141	TotalAdjustments
Excess Or Deficit Per FS	19127058	ExcessOrDeficitPerFS
Tot Revenue Etc Audited Fincl Stmt	47593220	TotRevenueEtcAuditedFinclStmt
Net Unrealized Gains Investments	-1375914	NetUnrealizedGainsInvestments
Other Revenues	12498293	OtherRevenues
Revenue Not Rptd F990	11122379	RevenueNotRptdF990
Revenue Subtotal	36470841	RevenueSubtotal
Investment Expenses Not Included	359677	InvestmentExpensesNotIncluded
Revenue Not Rptd On Fin Stmt	359677	RevenueNotRptdOnFinStmt
Total Revenue Per Form990	36830518	TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt	28466162	TotExpensesEtcAuditedFinclStmt
Expenses Not Rptd F990	0	ExpensesNotRptdF990
Expenses Subtotal	28466162	ExpensesSubtotal
Investment Expenses Not Included2	359677	InvestmentExpensesNotIncluded2
Other Expenses Not Included	4699762	OtherExpensesNotIncluded
Expenses Not Rptd On Fin Stmt	5059439	ExpensesNotRptdOnFinStmt
Total Expenses Per Form990	33525601	TotalExpensesPerForm990

Form990 Schedule D Part XIV Form990ScheduleDPartXIV (6 entries)

Return ReferenceReturnReference	ExplanationExplanation	IdentifierIdentifier
PART III, LINE 4:	THE SCHOOL'S COLLECTIONS ARE MADE UP OF ART OBJECTS AND OTHER ARTIFACTS OF HISTORICAL AND EDUCATIONAL SIGNIFICANCE. EACH ITEM IS DOCUMENTED FOR EDUCATIONAL SIGNIFICANCE AND ACTIVITIES VERIFYING THEIR EXISTENCE AND ASSESSING THEIR CONDITION ARE PERFORMED PERIODICALLY.
PART V, LINE 4:	THE OVERALL FINANCIAL OBJECTIVE IS TO PROVIDE FINANCIAL SUPPORT FOR THE SCHOOL'S OPERATIONS AT A LEVEL CONSISTENT WITH MAINTAINING OR INCREASING THE PURCHASING POWER OVER TIME. THE SCHOOL'S POLICY IS TO APPROPRIATE 5% OF THE ROLLING THREE-YEAR AVERAGE OF THE JUNE 30 ENDOWMENT VALUE TO SUPPORT OPERATIONS.	DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS:
PART X:	THE SCHOOL IS GENERALLY EXEMPT FROM FEDERAL INCOME TAXES UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. HOWEVER, THE SCHOOL IS SUBJECT TO INCOME TAXES ON UNRELATED BUSINESS INCOME, AS DEFINED BY THE INTERNAL REVENUE SERVICE. ACTIVITIES UNRELATED TO THE EXEMPT PURPOSE ARE TENNIS AND SWIM CLUB MEMBERSHIPS, WHICH GENERATED NO TAX AND, ACCORDINGLY, NO PROVISION FOR INCOME TAXES IS REQUIRED IN THE ACCOMPANYING FINANCIAL STATEMENTS. ACCORDING TO THE ACCOUNTING STANDARD FOR UNCERTAINTY IN INCOME TAXES FOR THE PERIOD FROM THE SCHOOL'S INCEPTION TO JUNE 30, 2012, NO UNRECOGNIZED TAX PROVISION OR BENEFIT EXISTED. DEFERRED INCOME TAXES ARE PROVIDED USING THE LIABILITY METHOD, WHEREBY, DEFERRED TAX ASSETS ARE RECOGNIZED FOR DEDUCTIBLE TEMPORARY DIFFERENCES AND OPERATING LOSS AND TAX CREDIT CARRYFORWARDS AND DEFERRED TAX LIABILITIES ARE RECOGNIZED FOR TAXABLE TEMPORARY DIFFERENCES. TEMPORARY DIFFERENCES ARE THE DIFFERENCES BETWEEN THE REPORTED AMOUNTS OF ASSETS AND LIABILITIES AND THEIR TAX BASES. DEFERRED TAX ASSETS ARE REDUCED BY A VALUATION ALLOWANCE WHEN, IN THE OPINION OF MANAGEMENT, IT IS MORE LIKELY THAN NOT THAT SOME PORTION OR ALL OF THE DEFERRED TAX ASSETS WILL NOT BE REALIZED. DEFERRED TAX ASSETS AND LIABILITIES ARE ADJUSTED FOR THE EFFECTS OF THE CHANGES IN TAX LAWS AND RATES ON THE DATE OF ENACTMENT. WHEN TAX RETURNS ARE FILED, IT IS HIGHLY CERTAIN THAT SOME POSITIONS TAKEN WOULD BE SUSTAINED UPON EXAMINATION BY THE TAXING AUTHORITIES, WHILE OTHERS ARE SUBJECT TO UNCERTAINTY ABOUT THE MERITS OF THE POSITION TAKEN OR THE AMOUNT OF THE POSITION THAT WOULD BE ULTIMATELY SUSTAINED. THE BENEFIT OF A TAX POSITION IS RECOGNIZED IN THE FINANCIAL STATEMENTS IN THE PERIOD DURING WHICH, BASED ON ALL AVAILABLE EVIDENCE, MANAGEMENT BELIEVES IT IS MORE LIKELY THAN NOT THAT THE POSITION WILL BE SUSTAINED UPON EXAMINATION, INCLUDING THE RESOLUTION OF APPEALS OR LITIGATION PROCESSES, IF ANY. TAX POSITIONS TAKEN ARE NOT OFFSET OR AGGREGATED WITH OTHER POSITIONS. TAX POSITIONS THAT MEET THE MORE-LIKELY-THAN-NOT RECOGNITION THRESHOLD ARE MEASURED AS THE LARGEST AMOUNT OF TAX BENEFIT THAT IS MORE THAN 50% LIKELY OF BEING REALIZED UPON SETTLEMENT WITH THE APPLICABLE TAXING AUTHORITY. THE PORTION OF THE BENEFITS ASSOCIATED WITH TAX POSITIONS TAKEN THAT EXCEEDS THE AMOUNT MEASURED AS DESCRIBED ABOVE WOULD BE REFLECTED AS A LIABILITY FOR UNRECOGNIZED TAX BENEFITS IN THE ACCOMPANYING BALANCE SHEET, ALONG WITH ANY ASSOCIATED INTEREST AND PENALTIES THAT WOULD BE PAYABLE TO THE TAXING AUTHORITIES UPON EXAMINATION. MANAGEMENT BELIEVES THERE ARE NO POSITIONS THAT WOULD RESULT IN ADDITIONAL TAX LIABILITY. INTEREST AND PENALTIES ASSOCIATED WITH UNRECOGNIZED TAX BENEFITS ARE CLASSIFIED AS ADDITIONAL INCOME TAXES IN THE STATEMENT OF ACTIVITIES. THE SCHOOL FILES INCOME TAX RETURNS IN THE U.S. FEDERAL JURISDICTION. AS OF JUNE 30, 2012, AND FOR THE YEAR THEN ENDED, THERE WERE NO MATERIAL UNRECOGNIZED/DERECOGNIZED TAX BENEFITS OR TAX PENALTIES OR INTEREST. GENERALLY, THE SCHOOL IS NO LONGER SUBJECT TO U.S. FEDERAL INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR YEARS BEFORE 2009.	DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48:
	CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS 17,198,055.	PART XI, LINE 8 - OTHER ADJUSTMENTS:
	CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS 17,198,055. FINANCIAL AID NETTED AGAINST TUITION REVENUE -4,393,987. TUITION REMISSION NETTED AGAINST TUITION REVENUE -305,775.	PART XII, LINE 2D - OTHER ADJUSTMENTS:
	FINANCIAL AID NETTED AGAINST TUITION REVENUE 4,393,987. TUITION REMISSION NETTED AGAINST TUITION REVENUE 305,775.	PART XIII, LINE 4B - OTHER ADJUSTMENTS:

Schedule E IRS990ScheduleE

Field	Value	IRS element (for citing)
Nondiscriminatory Policy Stmt	1	NondiscriminatoryPolicyStmt
Policy Statement In Brochures Etc	1	PolicyStatementInBrochuresEtc
Policy Publ Via Broadcast Media	1	PolicyPublViaBroadcastMedia
Maint Racial Composition Records	1	MaintRacialCompositionRecords
Maint Scholarships Records	1	MaintScholarshipsRecords
Maint Copies Of Brochures Etc	1	MaintCopiesOfBrochuresEtc
Maint Copies Of All Solicitations	1	MaintCopiesOfAllSolicitations
Discriminate Race Students Rights	0	DiscriminateRaceStudentsRights
Discriminate Race Admiss Policies	0	DiscriminateRaceAdmissPolicies
Discriminate Race Emplmn Faculty	0	DiscriminateRaceEmplmnFaculty
Discriminate Race Scholarships	0	DiscriminateRaceScholarships
Discriminate Race Educ Policies	0	DiscriminateRaceEducPolicies
Discriminate Race Use Of Fclts	0	DiscriminateRaceUseOfFclts
Discriminate Race Athletic Prog	0	DiscriminateRaceAthleticProg
Discriminate Race Other Acty	0	DiscriminateRaceOtherActy
Government Financial Aid Received	0	GovernmentFinancialAidReceived
Government Financial Aid Revoked	0	GovernmentFinancialAidRevoked
Compliance With Rev Proc7550	1	ComplianceWithRevProc7550

Form990 Schedule E Part II Form990ScheduleEPartII

Field	Value	IRS element (for citing)
Identifier	EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATION	Identifier
Return Reference	SCHEDULE E, PART I, LINE 3	ReturnReference
Explanation	THE POLICY IS PUBLICIZED THROUGH PRINTED MATERIALS AND PERIODIC NOTICES IN NEWSPAPERS.	Explanation

Schedule F IRS990ScheduleF

Accts Actvs Out US Table AcctsActvsOutUSTable (3 entries)

RegionRegion	Type Of Activities ConductedTypeOfActivitiesConducted	Specific Services ProvidedSpecificServicesProvided	Total ExpendituresTotalExpenditures
CENTRAL AMERICA AND THE CARIBBEAN -	PROGRAM SERVICES	STUDENT TRAVEL/STUDY	64085
EUROPE (INCLUDING ICELAND & GREENLAND)	PROGRAM SERVICES	STUDENT TRAVEL/STUDY	81583
SUB-SAHARAN AFRICA	PROGRAM SERVICES	STUDENT TRAVEL/STUDY	33477

Field	Value	IRS element (for citing)
Subtotal Number Of Offices	0	SubtotalNumberOfOffices
Subtotal Number Of Employees	0	SubtotalNumberOfEmployees
Cont Number Of Offices	0	ContNumberOfOffices
Cont Number Of Employees	0	ContNumberOfEmployees
Total Number Of Offices	0	TotalNumberOfOffices
Total Number Of Employees	0	TotalNumberOfEmployees
Subtotal Amount Spent	179145	SubtotalAmountSpent
Cont Amount Spent	0	ContAmountSpent
Total Amount Spent	179145	TotalAmountSpent
Transfer To Foreign Corp	0	TransferToForeignCorp
Interest In Foreign Trust	0	InterestInForeignTrust
Own Foreign Corp	0	OwnForeignCorp
Passive Foreign Invest Co	0	PassiveForeignInvestCo
Foreign Partnership	0	ForeignPartnership
Boycott Countries	0	BoycottCountries

Schedule I IRS990ScheduleI

Field	Value	IRS element (for citing)
Records Maintained	1	RecordsMaintained

Form990 Schedule I Part III Form990ScheduleIPartIII

Field	Value	IRS element (for citing)
Type Of Grant	SCHOLARSHIPS FOR EHS STUDENTS	TypeOfGrant
Number Of Recipients	142	NumberOfRecipients
Amount Of Cash Grant	4393987	AmountOfCashGrant

Form990 Schedule I Part IV Form990ScheduleIPartIV

Field	Value	IRS element (for citing)
Identifier	PROCEDURE FOR MONITORING GRANTS IN THE U.S.:	Identifier
Return Reference	PART I, LINE 2:	ReturnReference
Explanation	SCHEDULE I, PART I, LINE 2: PARENTS REQUESTING SCHOLARHSIP ASSISTANCE COMPLETE AND FILE AN APPLICATION, INCLUDING FINANCIAL INFORMATION, WITH THE SCHOOL SCHOLARSHIP SERVICE TO WHICH THE SCHOOL IS A SUBSCRIBER. THE SCHOOL SCHOLARSHIP SERVICE ADVISES THE SCHOOL OF THE ELIGIBILITY OF THE STUDENT FOR THE SCHOLARSHIP ASSISTANCE. ONCE ELIGIBILITY IS ESTABLISHED, SPECIFIC DOLLAR AMOUNTS ARE RECOMMENDED. THE SCHOOL THEN FINALIZES THE AMOUNT OF SCHOLARSHIP AID TO BE GIVEN TO EACH CHILD. SCHOLARSHIPS BASED ON MERIT ARE ALSO GIVEN TO DESERVING STUDENTS.	Explanation

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
Discretionary Spending Account	X	DiscretionarySpendingAccount
Housing Allowance Or Residence	X	HousingAllowanceOrResidence
Club Dues Or Fees	X	ClubDuesOrFees
Personal Services	X	PersonalServices
Written Policy Re T And E Expenses	1	WrittenPolicyReTAndEExpenses
Substantiation Required	1	SubstantiationRequired
Compensation Survey	X	CompensationSurvey
Board Or Committee Approval	X	BoardOrCommitteeApproval
Severance Payment	0	SeverancePayment
Supplemental Nonqual Retire Plan	1	SupplementalNonqualRetirePlan
Equity Based Comp Arrangement	0	EquityBasedCompArrangement
Comp Based On Revenue Of Filing Org	0	CompBasedOnRevenueOfFilingOrg
Comp Based On Revenue Related Orgs	0	CompBasedOnRevenueRelatedOrgs
Comp Based Net Earnings Filing Org	0	CompBasedNetEarningsFilingOrg
Comp Based Net Earnings Relate Orgs	0	CompBasedNetEarningsRelateOrgs
Any Non Fixed Payments	0	AnyNonFixedPayments
Initial Contract Exception	0	InitialContractException

Form990 Schedule J Part II Form990ScheduleJPartII (6 entries)

Base Compensation Filing OrgBaseCompensationFilingOrg	Comp Based On Related OrgsCompBasedOnRelatedOrgs	Bonus Filing OrgBonusFilingOrg	Bonus Related OrgsBonusRelatedOrgs	Other Compensation Filing OrgOtherCompensationFilingOrg	Other Compensation Related OrgsOtherCompensationRelatedOrgs	Deferred Comp Filing OrgDeferredCompFilingOrg	Deferred Comp Related OrgsDeferredCompRelatedOrgs	Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg	Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs	Total Compensation Filing OrgTotalCompensationFilingOrg	Total Compensation Related OrgsTotalCompensationRelatedOrgs	Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg	Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs
F ROBERTSON HERSHEY
354888	0	178782	0	17970	0	36000	0	81804	0	669444	0	0	0
WILLIAM H DEBUTTS III
200779	0	0	0	8076	0	20605	0	79512	0	308972	0	0	0
ROBERT ECKERT
168530	0	0	0	3871	0	16950	0	44504	0	233855	0	0	0
ADRIANNA BRAVO
169736	0	0	0	0	0	16675	0	33692	0	220103	0	0	0
MARY FIELDER
127927	0	0	0	0	0	13465	0	26200	0	167592	0	0	0
TIM JAEGER
131531	0	0	0	0	0	13465	0	41377	0	186373	0	0	0

Form990 Schedule J Part III Form990ScheduleJPartIII (2 entries)

Return ReferenceReturnReference

ExplanationExplanation

PART I, LINE 1A

ON CAMPUS HOUSING WAS FURNISHED TO CERTAIN EMPLOYEES FOR THE CONVENIENCE OF THE EMPLOYER. THE HOUSING IS NECESSARY TO CARRY OUT THE DUTIES OF THEIR JOBS. WE HAVE DISCLOSED FAIR RENTAL VALUE AS THE VALUE OF THE HOUSING BENEFIT. THE ENTIRE COMPENSATION PACKAGES, INCLUDING THE HOUSING ARRANGEMENT, WERE APPROVED BY THE BOARD OF TRUSTEES WITH PROPER DOCUMENTATION. FOLLOWING EMPLOYEES RECEIVED NON-TAXABLE HOUSING BENEFITS: F. ROBERTSON HERSHEY - $57,500 WILLIAM H. DEBUTTS III - $30,000 BOB ECKERT - $31,000 ADRIANNA BRAVO - $24,640 MARY FIELDER - $26,200 TIM JAEGER - $24,280 DAVID HATHAWAY - $29,000 F. ROBERTSON HERSHEY RECEIVED TAXABLE DUES IN THE AMOUNT OF $6,745. F. ROBERTSON HERSHEY RECEIVED NON-TAXABLE PERSONAL SERVICES IN THE AMOUNT OF $10,800. F. ROBERTSON HERSHEY RECEIVED NON-TAXABLE DISCRETIONARY SPENDING IN THE AMOUNT OF $10,033.

PART I, LINE 4B

F. ROBERTSON HERSHEY PARTICIPATES IN 457(F) PLAN AND CONTRIBUTION TO THE PLAN WAS $11,500 IN TAX YEAR ENDING 12/31/2011.

Schedule K IRS990ScheduleK

Form990 Schedule K Part I Form990ScheduleKPartI (4 entries)

Issuer EINIssuerEIN	CUSIP NumberCUSIPNumber	Date IssuedDateIssued	Issue PriceIssuePrice	Description Of PurposeDescriptionOfPurpose	DefeasedDefeased	On Behalf Of IssuerOnBehalfOfIssuer	Pool FinancingPoolFinancing
INDUSTRIAL DEVELOPMENT AUTHORITY OF THE CITY OF ALEXANDRIA SERIES 2003
521381432	015304CD8	2003-05-29	13199995	CAPITAL CONSTRUCTION	1	1	0
INDUSTRIAL DEVELOPMENT AUTHORITY OF THE CITY OF ALEXANDRIA SERIES 2005
521381432	015304DB1	2005-05-18	16406737	CAPITAL CONSTRUCTION AND REFUND OF PRIOR ISSUE	0	1	0
INDUSTRIAL DEVELOPMENT AUTHORITY OF THE CITY OF ALEXANDRIA SERIES 2010
521381432	015304DE5	2010-02-04	10973597	CAPITAL CONSTRUCTION AND REFUND OF PRIOR ISSUE	0	1	0
INDUSTRIAL DEVELOPMENT AUTHORITY OF THE CITY OF ALEXANDRIA SERIES 2012
521381432	015304EB0	2012-04-05	13447645	REFUND PRIOR ISSUE	0	1	0

Form990 Schedule K Part II Form990ScheduleKPartII (4 entries)

Amount RetiredAmountRetired	Total ProceedsTotalProceeds	Issuance Costs From ProceedsIssuanceCostsFromProceeds	Capital ExpendituresCapitalExpenditures	Year Of Subst CompletionYearOfSubstCompletion	Current RefundingCurrentRefunding	Advance RefundingAdvanceRefunding	Final Allocation MadeFinalAllocationMade	Adequate Books And Recds MaintaindAdequateBooksAndRecdsMaintaind	Other Spent ProceedsOtherSpentProceeds
439995	13199995	263999	12935994	2003	0	0	1	1
951737	16406737	270193		2005	0	1	1	1	16136544
	10973597	219472		2010	1	0	1	1	10754125
	13447645	240041		2012	0	1	0	0	13207604

Form990 Schedule K Part III Form990ScheduleKPartIII (4 entries)

Owning Bond Financed PropertyOwningBondFinancedProperty	Any Lease ArrangementsAnyLeaseArrangements	Mngment Cntrct Bond Financd PrprtyMngmentCntrctBondFinancdPrprty	Any Research AgreementsAnyResearchAgreements	Prcntge Prvt Business Use By OthersPrcntgePrvtBusinessUseByOthers	Percentage Of Prvt Business Re UBIPercentageOfPrvtBusinessReUBI	Total Private Business UseTotalPrivateBusinessUse	Post Issuance Compliance ProcdrsPostIssuanceComplianceProcdrs
0	0	0	0	0.00000	0.00000	0.00000	0
0	0	0	0	0.00000	0.00000	0.00000	0
0	0	0	0	0.00000	0.00000	0.00000	0
0	0	0	0	0.00000	0.00000	0.00000	0

Form990 Schedule K Part IV Form990ScheduleKPartIV (4 entries)

Form8038 T FiledForm8038TFiled	Variable Rate IssueVariableRateIssue	Hedge Identified In Books And RecdsHedgeIdentifiedInBooksAndRecds	Gross Proceeds Invested In GICGrossProceedsInvestedInGIC	Gross Proceeds InvestedGrossProceedsInvested	Exception To RebateExceptionToRebate
0	0	0	0	0	0
0	0	0	0	0	0
0	0	0	0	0	0
0	0	0	0	0	0

Field	Value	IRS element (for citing)
Fed Tax Requirements Compliance	X	FedTaxRequirementsCompliance

Schedule L IRS990ScheduleL

Loan Table LoanTable

Name Business NameBusiness

Field	Value	IRS element (for citing)
Business Name Line1	RICHARD F YARBOROUGH	BusinessNameLine1

Field	Value	IRS element (for citing)
Purpose Of Loan	TO PURCHASE A LIFE INSURANCE POLICY IN WHICH SCHOOL IS THE BENEFICARY	PurposeOfLoan
Loan From Organization	X	LoanFromOrganization
Original Principal	$119,514	OriginalPrincipalAmount
Balance Due	119514	BalanceDue
Default	0	Default
Approved By Board	1	ApprovedByBoard
Written Agreement	1	WrittenAgreement

Field	Value	IRS element (for citing)
Total Balance Due	119514	TotalBalanceDue

Schedule M IRS990ScheduleM

Works Of Art WorksOfArt

Field	Value	IRS element (for citing)
Non Cash Checkbox	X	NonCashCheckbox
Number Of Contributions	1	NumberOfContributions

Books And Publications BooksAndPublications

Field	Value	IRS element (for citing)
Non Cash Checkbox	X	NonCashCheckbox
Noncash Contribs Rptd F990	7540	NoncashContribsRptdF990
Method Of Determining Revenues	APPRAISAL	MethodOfDeterminingRevenues

Securities Publicly Traded SecuritiesPubliclyTraded

Field	Value	IRS element (for citing)
Non Cash Checkbox	X	NonCashCheckbox
Number Of Contributions	63	NumberOfContributions
Noncash Contribs Rptd F990	2199409	NoncashContribsRptdF990
Method Of Determining Revenues	FMV	MethodOfDeterminingRevenues

Archaeological Artifacts ArchaeologicalArtifacts

Field	Value	IRS element (for citing)
Non Cash Checkbox	X	NonCashCheckbox
Number Of Contributions	1	NumberOfContributions
Noncash Contribs Rptd F990	71637	NoncashContribsRptdF990
Method Of Determining Revenues	APPRAISAL	MethodOfDeterminingRevenues

Other Non Cash Contributions Table OtherNonCashContributionsTable (3 entries)

Non Cash CheckboxNonCashCheckbox	DescriptionDescription	Number Of ContributionsNumberOfContributions	Noncash Contribs Rptd F990NoncashContribsRptdF990	Method Of Determining RevenuesMethodOfDeterminingRevenues
X	SPORT TICKETS	1	29786	FMV
X	SCHOOL EVENT	6	7778	ACTUAL COST
X	TRAVEL FOR SCHOOL EVENTS	3	3870	ACTUAL COST

Field	Value	IRS element (for citing)
Any Property That Must Be Held	0	AnyPropertyThatMustBeHeld
Review Process Unusual NC Gifts	1	ReviewProcessUnusualNCGifts
Third Parties Used	0	ThirdPartiesUsed

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (5 entries)

Return ReferenceReturnReference	ExplanationExplanation	IdentifierIdentifier
FORM 990, PART VI, SECTION B, LINE 11	THE INFORMATION FOR THE 990 IS PREPARED BY THE CONTROLLER. THE INFORMATION IS THEN SENT TO AN ACCOUNTING FIRM FOR ENTRY ONTO THE 990 FORM. THE COMPLETED 990 IS THEN SENT BACK TO THE SCHOOL AND IS REVIEWED BY THE CONTROLLER AND THEN THE CFO. ONCE APPROVED BY THE CFO THE RETURN IS FILED WITH THE IRS.
FORM 990, PART VI, SECTION B, LINE 12C	THE SCHOOL HAS ITS ADMINISTRATIVE TEAM AND ALL BOARD MEMBERS SIGN CONFLICT OF INTEREST STATEMENTS ONCE A YEAR. ON THESE STATEMENTS THEY LIST ANY CONFLICTS OF INTEREST THEY MAY HAVE WITH THE SCHOOL OR WITH EACH OTHER. THE SCHOOL REVIEWS ANY CONFLICTS TO DETERMINE IF THEY WOULD REQUIRE ANY FURTHER ACTION.
FORM 990, PART VI, SECTION B, LINE 15	THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS MEETS ANNUALLY TO REVIEW THE COMPENSATION OF THE HEADMASTER AND CFO. THE BOARD USES SALARY DATA FROM SIMILAR ORGANIZATION TO DETERMINE REASONABLE COMPENSATION.
FORM 990, PART VI, SECTION C, LINE 19	THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.
FORM 990, PART XI, LINE 5:	NET UNREALIZED LOSSES ON INVESTMENTS: -1,375,914. CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS 17,198,055. TOTAL TO FORM 990, PART XI, LINE 5: 15,822,141.	CHANGES IN NET ASSETS OR FUND BALANCES: