2012-04-24T08:24:44-05:00 2011-06-30 TEMPLETON & COMPANY LLP 222 LAKEVIEW AVENUE SUITE 1200 WEST PALM BEACH FL 33401 990 2010-07-01 590942383 ST ANDREW'S SCHOOL OF BOCA RATON INC STAN 5612102032 3900 JOG ROAD BOCA RATON FL 33434 PHILIP CORK 5612102032 2012-04-24 1 ISABELLA LUNSFORDCPA 5617989988 2012-04-24 2010 2016-02-24 21:20:13Z PHILIP CORK 3900 JOG ROAD BOCA RATON FL 33434 47691455 0 X WWW.SAINTANDREWS.NET X 1962 FL PROVIDE EDUCATION FOR STUDENTS IN GRADES PK THROUGH 12. 26 25 561 25 -22296 -22296 3196658 2586875 31701674 33113496 236138 1313740 590346 328231 35724816 37342342 3583136 3582445 0 0 19422818 17451574 0 0 1067362 12992114 14676220 35998068 35710239 -273252 1632103 63951673 66001440 55194994 54441620 8756679 11559820 X PROVIDE EDUCATION FOR STUDENTS IN PK THROUGH 12. 0 0 18366056 29499240 INSTRUCTION - APPROXIMATELY 1304 STUDENTS FOR GRADES PK-12 INSTRUCTION - SUMMER PROGRAMINSTRUCTION - INTERNATIONAL BACCALAUREATE PROGRAM FOR 11TH AND 12TH GRADERS 2247824 85687 STUDENT ACTIVITIES - SCHOOL PUBLICATIONS, NEWSPAPER, AND YEARBOOK. 4564556 215685 AUXILIARY SERVICES INCLUDING STUDENT CAFETERIA, INFIRMARY AND BOOKSTORE. 4402203 3582445 3312884 OTHER PROGRAM SERVICES INCLUDING FINANCIAL AID (PROVIDED TO 171 STUDENTS) AND TUITION REMISSION (PROVIDED TO 67 STUDENTS). 4402203 3582445 3312884 29580639 1 1 0 0 0 0 0 1 0 0 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 30 1 1 561 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 26 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 MARK J MARIANI 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 MICHAEL F ZAMMIELLO 3.00 X X 0 0 0 NADINE B ASSAF 1.00 X 0 0 0 MARK J BELLISSIMO 1.00 X 0 0 0 ATUL BISARIA 1.00 X 0 0 0 KEVIN G BROLLEY 1.00 X 0 0 0 JAMES M CANTWELL 1.00 X 0 0 0 MELODY S CREESE 1.00 X 0 0 0 JOHN D HODGEMAN 1.00 X 0 0 0 HOWARD A PARKER JR 1.00 X 0 0 0 GARY PETERS 1.00 X 0 0 0 DAVID W ROBERTS 1.00 X 0 0 0 TANDY STILLER ROBINSON 1.00 X 0 0 0 STEPHEN H SHELTON 1.00 X 0 0 0 JEFFREY A STOOPS 1.00 X 0 0 0 ED VENTRICE 1.00 X 0 0 0 WILLIAMS S WEPRIN 1.00 X 0 0 0 MELISSA WIGHT 1.00 X 0 0 0 DR ANN MARIE KREJCAREK 60.00 X X 360172 0 36196 REVEREND LEOPOLD FRADE 1.00 X 0 0 0 MICAH A FERRANTI 1.00 X 0 0 0 REV CALVIN O SCHOFIELD JR 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 174835 0 22122 PETER GALLO 60.00 X 166651 0 22284 KATHY VAN VALKENBURG 50.00 X 116463 0 22795 ELIAS BASSIL 50.00 X 116958 0 56083 KILIAN FORGUS 50.00 X 137300 0 43452 DUNCAN HOSSACK 50.00 X 121722 0 14402 ANN HAYNES 50.00 X 107132 0 37665 1301233 0 254999 12 0 1 0 0 44500 2542375 239162 2586875 TUITION BOARD & FEES 30710204 30710204 SUMMER CAMPS & PROGRAM 2101920 2101920 FACILITY REVENUES 215685 215685 STUDENT PUBLICATIONS 85687 85687 33113496 381194 381194 10239743 9307197 932546 932546 932546 424726 44500 343760 80966 80966 876761 698156 178605 178605 OTHER MISCELLANEOUS 90956 90956 COLLEGE POOL RENTAL -22296 -22296 68660 37342342 33383057 -22296 1394706 3582445 3582445 818616 818616 13266575 10512328 2134566 619681 739566 581383 134765 23418 1549481 1217449 282877 49155 1077336 846909 196314 34113 20504 20504 49840 49840 58528 58528 25083 25083 164145 8691 25331 130123 63289 8840 46345 8104 163641 66826 66809 30006 1422019 1422019 3168077 2983999 160462 23616 35639 35639 FACILITY OPERATION & MA 5134183 4835236 260594 38353 CONTRACTED FOOD SERVICE 1564064 1564064 REPAIRS AND MAINTENANCE 461115 362728 98387 PRINTING AND PUBLICATIO 274307 122256 88157 63894 ATHLETIC EXPENSE 245581 245581 1826205 1184246 595060 46899 35710239 29580639 5062238 1067362 43023 51569 12885852 14487127 2091510 1359089 112700 87566 569829 538955 174346 753413 77893629 32684771 46297753 45208858 1260839 2894405 515821 620458 63951673 66001440 639569 1117814 16410489 16736300 33310000 32140000 4834936 4447506 55194994 54441620 X 5986247 8226372 2770432 3333448 8756679 11559820 63951673 66001440 X 1632103 1171038 X X 0 1 1 X 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X 0 10745575 309799 11055374 10140600 604975 10745575 9635764 504836 10140600 1.00000 0 1 1 4958242 4958242 54967911 19903797 35064114 6723395 5798021 925374 11244081 6982953 4261128 45208858 FINANCIAL DERIVATIVE - INTEREST RATE SWAP 4447506 4447506 37342342 35710239 1632103 745710 37898 387430 1171038 2803141 35223867 745710 37898 738890 1522498 33701369 58528 3582445 3640973 37342342 32808156 738890 738890 32069266 58528 3582445 3640973 35710239 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, 2011 AND 2010, THERE WERE NO RELATED INTEREST OR PENALTIES RECORDED OR INCLUDED IN THE SCHOOL'S CONSOLIDATED FINANCIAL STATEMENTS. PART XI, LINE 8 - OTHER ADJUSTMENTS: UNREALIZED GAIN ON CASH FLOW HEDGE 387,430. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSE 40,734. COST OF GOODS SOLD 698,156. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS PAID 3,582,445. PART XIII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 698,156. RENTAL EXPENSE 40,734. PART XIII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS PAID 3,582,445. 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 306924 44500 262424 105323 GOLF TOURNAMENT 100044 100044 31265 3 62258 62258 207172 469226 44500 424726 343760 343760 80966 1 FINANCIAL AID (171)/TUITION REMISSION (67) 3582445 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 308750 0 45000 0 6422 0 17150 0 19046 0 396368 0 0 0 PHILIP CORK 168775 0 0 0 6060 0 10510 0 11612 0 196957 0 0 0 PETER GALLO 161700 0 0 0 4951 0 9702 0 12582 0 188935 0 0 0 ELIAS BASSIL 116075 0 0 0 883 0 7931 0 48152 0 173041 0 0 0 KILIAN FORGUS 137300 0 0 0 0 0 9760 0 33692 0 180752 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 3 208276 FAIR MARKET VALUE X SPORTS EQUIPMENT 3 13353 FAIR MARKET VALUE X RESIDENCE MAINTENANCE 2 4431 FAIR MARKET VALUE X STUDENT RESPONSE SYSTEM 1 20115 FAIR MARKET VALUE 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 2010. 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 GAINS ON INVESTMENTS: 745,710. DONATED SERVICES AND USE OF FACILITIES: 37,898. UNREALIZED GAIN ON CASH FLOW HEDGE 387,430. TOTAL TO FORM 990, PART XI, LINE 5: 1,171,038. FORM 990, PART XII, LINE 2C: NO CHANGE IN THE PROCESS FROM THE PRIOR YEAR. 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