2012-11-15T12:32:33-06:00 2012-06-30 560574444 CHERRY BEKAERT & HOLLAND LLP 200 SOUTH 10TH STREET SUITE 900 RICHMOND VA 23219 990 2011-07-01 510251819 THE STEWARD SCHOOL FOUNDATION STEW 8047403394 11600 GAYTON ROAD RICHMOND VA 23238 LISA S DWELLE 8047403394 2012-11-14 1 JOHN DENISON P00837796 8046735700 2011 2016-02-24 21:20:13Z LISA S DWELLE 11600 GAYTON ROAD RICHMOND VA 23238 1852746 0 X WWW.STEWARDSCHOOL.ORG X 1980 VA TO RAISE FUNDS FOR CAPITAL EXPANSION AND TO SUPPORT THE OPERATIONS OF THE STEWARD SCHOOL. 9 9 0 15 0 0 500338 1186783 0 0 610895 665963 0 0 1111233 1852746 851218 608630 0 0 0 0 0 0 0 153758 99032 1004976 707662 106257 1145084 14224441 14377272 2277680 1642017 11946761 12735255 THE FOUNDATION'S EXEMPT PURPOSE IS TO PROMOTE THE WELFARE AND DEVELOPMENT OF THE STEWARD SCHOOL, A PRIVATE NONPROFIT INSTITUTION THAT PROVIDES EDUCATIONAL INSTRUCTION FOR CHILDREN FROM JUNIOR KINDERGARTEN THROUGH TWELFTH GRADE. 0 0 608630 608630 THE FOUNDATION MAKES GRANTS TO THE STEWARD SCHOOL TO ENABLE THE SCHOOL TO PROVIDE COMPREHENSIVE EDUCATIONAL PROGRAMS TO 627 STUDENTS IN PRE-KINDERGARTEN THROUGH GRADE 12. THESE GRANTS TO THE SCHOOL ARE ALSO UTILIZED FOR SCHOLARSHIPS TO STUDENTS. 608630 1 1 0 0 0 0 0 0 0 1 0 1 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 9 9 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 0 0 0 VA X MS LISA DWELLE 8047403394 11600 GAYTON ROAD RICHMOND VA 23238 MICHELE MCKINNON 2.00 X X 0 0 0 KEVIN STRECKER 1.00 X X 0 0 0 WILLIAM WADDELL 1.00 X X 0 0 0 MARTIN BRILL 1.00 X 0 0 0 HORACE GRAY 1.00 X 0 0 0 STEVE HENDERSON 1.00 X 0 0 0 GARY LECLAIR 1.00 X 0 0 0 MARK O'NEIL 1.00 X 0 0 0 DENNIS PRYOR 1.00 X 0 0 0 LISA DWELLE 5.00 X 0 98192 4555 0 98192 4555 0 0 0 0 0 1186783 49576 1186783 199427 199427 466536 0 466536 466536 466536 1852746 0 0 665963 608630 608630 98076 98076 CAPITAL CAMPAIGN EXPENS 485 485 MISC INVESTMENT FEES 471 471 707662 608630 99032 0 2039973 2618965 1689841 1403907 10494627 10354400 14224441 14377272 2277680 1642017 2277680 1642017 X 76477 76286 3836647 4625332 8033637 8033637 11946761 12735255 14224441 14377272 X 1145084 -356590 X 0 1 1 X 0 X X X 0 0 0 THE STEWARD SCHOOL CORPORATION 540914765 2 1 1 1 603630 1 603630 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 9689784 194524 336452 9547856 8414478 1580261 304955 9689784 7537115 1110617 233254 8414478 7417016 1931166 -1583632 227435 7537115 0.00000 0.84140 0.15860 0 0 0 THE RICHMOND FUND 10354400 F 10354400 DUE TO THE STEWARD SCHOOL 1642017 1642017 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: THE SCHOOL'S ENDOWMENT CONSISTS OF APPROXIMATELY NINE INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES. PURPOSES INCLUDE SUPPORT FOR SCHOOL OPERATIONS, FINANCIAL AID, HEALTH AND WELLNESS PROGRAMS, AND COMMUNITY BUILDING PROGRAMS. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE STEWARD SCHOOL FOUNDATION QUALIFIES FOR EXEMPTION FROM FEDERAL INCOME TAXES UNDER INTERNAL REVENUE CODE SECTION 501(C)(3). SIMILAR EXEMPTIONS HAVE BEEN GRANTED FROM STATE INCOME TAXES. THE SCHOOL'S POLICY IS TO RECORD A LIABILITY FOR UNRECOGNIZED TAX BENEFITS, AND ANY RELATED INTEREST AND PENALTIES, WHEN IT IS MORE LIKELY THAN NOT A TAX POSITION TAKEN BY MANAGEMENT WITH RESPECT TO A TRANSACTION OR CLASS OF TRANSACTIONS WILL BE OVERTURNED BY A TAXING AUTHORITY UPON EXAMINATION. MANAGEMENT BELIEVES THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS OR RELATED INTEREST AND PENALTIES AT JUNE 30, 2012 AND, ACCORDINGLY, NO LIABILITY IS ACCRUED. 1 THE STEWARD SCHOOL CORPORATION 11600 GAYTON ROAD RICHMOND VA 23238 540914765 501(C)(3) 603630 CAPITAL EXPANSION AND SUPPORT OPERATIONS AT THE STEWARD SCHOOL. 1 0 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: THE SCHOOL REQUESTS A TRANSFER FROM THE FOUNDATION AND PROVIDES SUFFICIENT DOCUMENTATION TO SUPPORT THE REQUEST IN THE CASE OF CAPITAL TRANSFERS. FOR THE ANNUAL CONTRIBUTION, THE TRANSFER IS APPROVED BY THE BOARD. THE FOUNDATION REVIEWS THE REQUEST AND MAKES THE APPROPRIATE TRANSFER. THE ANNUAL CONTRIBUTION IS BASED ON 4% OF THE AVERAGE THREE-YEAR VALUE OF THE ENDOWMENT. X 9 49576 FMV 0 1 0 FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 IS REVIEWED BY THE CHAIR AND VICE CHAIR OF THE FOUNDATION PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C TRUSTEES COMPLETE AN ANNUAL CERTIFICATE AND DISCLOSE DURING THE YEAR IF ANY CONFLICTS ARISE. IN THE EVENT OF A CONFLICT, THE TRUSTEE WOULD NOT BE PERMITTED TO VOTE. THE FOUNDATION HAS NO FULL-TIME EMPLOYEES. KEY PERSONNEL IN SUPPORT OF THE FOUNDATION ARE EMPLOYEES OF THE STEWARD SCHOOL, A RELATED ORGANIZATION, AND ARE SUBJECT TO THE COMPENSATION POLICIES OF THE SCHOOL. THE STEWARD SCHOOL REVIEWS THE COMPENSATION OF ITS KEY EMPLOYEES ON AN ANNUAL BASIS TO ENSURE THAT COMPENSATION IS REASONABLE. FORM 990, PART VI, SECTION C, LINE 19 THE FOUNDATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED LOSSES ON INVESTMENTS: -356,590. THE STEWARD SCHOOL CORPORATION 11600 GAYTON ROAD RICHMOND VA 23238 540914765 K-12 SCHOOL VA 501(C)(3) LINE 2 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 THE STEWARD SCHOOL CORPORATION B 603630 ACTUAL THE STEWARD SCHOOL CORPORATION N 144460 ACTUAL