CHOATE ROSEMARY HALL FOUNDATION INCORPORATED: Form 990, tax year 2010
View the entire original 990 at ProPublica ↗
- Organization
- CHOATE ROSEMARY HALL FOUNDATION INCORPORATED (EIN 06-0910420)
- Tax period
- 2010-07-01 to 2011-06-30
- Filed
- 2012-03-29
- IRS object ID
- 201220899349300237
- Schema version
- 2010v3.4
- 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
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2012-03-29T14:06:25-05:00 | Timestamp |
| Tax Period End Date | 2011-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BLUM SHAPIRO & COMPANY PC CPA'S | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 29 S MAIN STREET PO BOX 272000 | AddressLine1 |
| City | WEST HARTFORD | City |
| State | CT | State |
| ZIP Code | 061272000 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2010-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 060910420 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE CHOATE ROSEMARY HALL FOUNDATION INCORPORATED | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | CHOA | NameControl |
| Phone | 2036972225 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 333 CHRISTIAN STREET | AddressLine1 |
| City | WALLINGFORD | City |
| State | CT | State |
| ZIP Code | 064923818 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | RICHARD SALTZ | Name |
| Title | CHIEF FINANCIAL OFFICER | Title |
| Phone | 2036972225 | Phone |
| Date Signed | 2012-03-27 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | ELIZABETH SOLECKI | Name |
| Phone | 8605614000 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2010 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | EDWARD SHANAHAN | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 333 CHRISTIAN STREET | AddressLine1 |
| City | WALLINGFORD | City |
| State | CT | State |
| ZIP Code | 064923818 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 79174264 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.CHOATE.EDU | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1974 | YearFormation |
| State Legal Domicile | CT | StateLegalDomicile |
| Activity Or Mission Description | TO PROVIDE A QUALITY SECONDARY INDEPENDENT SCHOOL EDUCATION TO APPROXIMATELY 850 STUDENTS PER YEAR. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 33 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 32 | NbrIndependentVotingMembers |
| Total Nbr Employees | 646 | TotalNbrEmployees |
| Total Nbr Volunteers | 500 | TotalNbrVolunteers |
| Total Gross UBI | 68834 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 20512908 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 29270350 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 40704579 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 42451209 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 3606883 | InvestmentIncomePriorYear |
| Investment Income Current Year | 6973978 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | -30867 | OtherRevenuePriorYear |
| Other Revenue Current Year | -31416 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 64793503 | TotalRevenuePriorYear |
| Total Revenue Current Year | 78664121 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 8305357 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 8779712 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 24229268 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 25717030 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 27392 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 3416815 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 25791560 | OtherExpensePriorYear |
| Other Expenses Current Year | 26853594 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 58353577 | TotalExpensesPriorYear |
| Total Expenses Current Year | 61350336 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 6439926 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 17313785 | RevenuesLessExpensesCY |
| Total Assets BOY | 404888329 | TotalAssetsBOY |
| Total Assets EOY | 464327636 | TotalAssetsEOY |
| Total Liabilities BOY | 64479087 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 62217508 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 340409242 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 402110128 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | TO PROVIDE A QUALITY, COMPREHENSIVE, SECONDARY INDEPENDENT SCHOOL EDUCATION TO APPROXIMATELY 850 STUDENTS PER YEAR. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 18334718 | Expense |
| Grants | 0 | Grants |
| Revenue | 42451303 | Revenue |
| Description | THE SCHOOL EDUCATES (ACADEMICALLY, RESIDENTIALLY AND ATHLETICALLY) APPROXIMATELY 850 STUDENTS, GENERATING OVER $28.3 MILLION OF NET TUITION AND FEES, THROUGH THE EFFORTS OF DEDICATED FACULTY AND SUPPORT. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 10244994 | Expense |
| Grants | 0 | Grants |
| Revenue | 0 | Revenue |
| Description | THE SCHOOL MAINTAINS OVER 1.2 MILLION SQUARE FEET OF RESIDENTIAL, ACADEMIC AND ATHLETIC SPACE FOR A COMMUNITY OF OVER 1,000 MEMBERS. THE MAJORITY OF THIS EXPENSE REFLECTS THE DEPRECIATION ON THE SCHOOL PROPERTY, PLANT AND EQUIPMENT, WHICH HAS A CURRENT NET ASSET VALUE OF OVER $111 MILLION. | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 8779712 | Expense |
| Grants | 8779712 | Grants |
| Revenue | 0 | Revenue |
| Description | THE SCHOOL DISCOUNTS TUITION IN THE FORM OF FINANCIAL AID AT AN APPROXIMATE RATE OF 25% IN AN EFFORT TO RECRUIT AND RETAIN THE MOST TALENTED STUDENT BODY. THE SCHOOL RECOGNIZES THAT A DIVERSE STUDENT BODY BETTERS THE OVERALL EXPERIENCE FOR ALL INVOLVED, AND THAT WHILE NOT EVERYONE CAN CONTRIBUTE FINANCIALLY IN TERMS OF TUITION, EVERYONE HAS SOMETHING TO OFFER THE CHOATE ROSEMARY HALL COMMUNITY. | Description |
Activity Other ActivityOther (4 entries)
| ExpenseExpense | GrantsGrants | RevenueRevenue | DescriptionDescription |
|---|---|---|---|
| 4208639 | 0 | 0 | MANAGEMENT FEES FOR FOOD SERVICE AND HOUSEKEEPING |
| 1476273 | TRAVEL AND CONFERENCE EXPENSES | ||
| 1504906 | OFFICE AND INFORMATION TECHNOLOGY EXPENSES | ||
| 2617413 | ALL OTHER PROGRAM RELATED EXPENSES, INCLUDING ADVERTISING, ROYALTIES, INTEREST PAYMENTS, OUTSIDE RENTALS, ETC. |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Other Program Service Exp | 9807231 | TotalOfOtherProgramServiceExp |
| Total Program Service Expense | 47166655 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | 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 | 0 | ReportOtherAssets |
| Report Other Liabilities | 1 | ReportOtherLiabilities |
| Report Fin48 Footnote | 0 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 1 | School |
| Foreign Office | 1 | 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 | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 1 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 1 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 1 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 1 | 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 | 181 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 646 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 1 | UnrelatedBusinessIncome |
| Form990-T Filed | 1 | Form990-TFiled |
| Foreign Financial Account | 1 | ForeignFinancialAccount |
| Name Of Foreign Country | SP | NameOfForeignCountry |
| Name Of Foreign Country | FR | NameOfForeignCountry |
| 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 | 33 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 32 | 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 | 1 | 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 | EDWARD T GRIFFIN CONTROLLER | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 2036972225 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 333 CHRISTIAN STREET | AddressLine1 |
| City | WALLINGFORD | City |
| State | CT | State |
| ZIP Code | 06492 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (41 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | Key EmployeeKeyEmployee | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|---|
| EDWARD SHANAHAN | ||||||||
| HEADMASTER | 60.00 | X | X | 434987 | 0 | 113117 | ||
| LUIS H BALL | ||||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | |||
| SUSAN M BARCLAY | ||||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | |||
| SAMUEL P BARTLETT | ||||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | |||
| MICHAEL J CARR | ||||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | |||
| RICHARD ELMAN | ||||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | |||
| ROBERT B GOERGEN JR | ||||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | |||
| JEFFREY W GREENBERG | ||||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | |||
| DAVID R FOSTER | ||||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | |||
| BRETT M JOHNSON | ||||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | |||
| WARREN B KANDERS | ||||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | |||
| HERBERT V KOHLER JR | ||||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | |||
| LINDA J HODGE | ||||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | |||
| EDWARD O LANPHIER II | ||||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | |||
| GRETCHEN COOPER LEACH | ||||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | |||
| GILLIAN S MESTRE | ||||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | |||
| ROBERT A MINICUCCI | ||||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | |||
| LINDA H RIEFLER | ||||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | |||
| MARSHALL S RUBEN | ||||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | |||
| HENRY K SNYDER | ||||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | |||
| M WINDOW SNYDER | ||||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | |||
| JEANETTE SUBLETT | ||||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | |||
| THOMAS M VIERTEL | ||||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | |||
| BENJAMIN S WALTON | ||||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | |||
| CAROLYN SEELY WIENER | ||||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | |||
| JAMES A LEBOVITZ | ||||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | |||
| GREGORY J MUTH | ||||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | |||
| CHARLES F DEY | ||||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | |||
| BRUCE S GELB | ||||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | |||
| EDWIN A GOODMAN | ||||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | |||
| CARY L NIEMAN | ||||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | |||
| STEPHEN J SCHULTE | ||||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | |||
| WILLIAM G SPEARS | ||||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | |||
| RICHARD SALTZ | ||||||||
| CFO | 60.00 | X | 184764 | 0 | 53440 | |||
| JOHN BURDITT | ||||||||
| CHIEF INVESTMENT OFFICER | 40.00 | 220228 | 0 | 33717 | X | |||
| DANIEL COURCEY | ||||||||
| EXEC DIRECTOR OF DEVELOPMENT | 60.00 | 205161 | 0 | 81457 | X | |||
| BENJAMIN GARDNER | ||||||||
| MEDICAL DIRECTOR | 60.00 | 161077 | 0 | 49340 | X | |||
| STEPHEN FARRELL | ||||||||
| DEAN OF FACULTY | 60.00 | 135289 | 0 | 96041 | X | |||
| KATHLEEN WALLACE | ||||||||
| ACADEMIC DEAN | 40.00 | 141890 | 0 | 20756 | X | |||
| ANN WARDWELL | ||||||||
| DIR OF DEV/MAJOR GIFTS | 40.00 | 135433 | 0 | 20427 | X | |||
| EDWARD GRIFFIN | ||||||||
| CONTROLLER | 40.00 | 125097 | 0 | 19238 | X | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 1743926 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 487533 | TotalOtherCompensation |
| Number Individuals GT100 K | 24 | 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 |
|---|---|---|---|---|---|
| ARAMARK CAMPUS SERVICES | |||||
| PO BOX 198532 | ATLANTA | GA | 303848532 | FOOD SERVICE | 3350913 |
| RAD CORPORATION | |||||
| 171 VFW DRIVE | ROCKLAND | MA | 02370 | CONSTRUCTION | 2874263 |
| ABM JANITORIAL SERVICES | |||||
| PO BOX 1534 | NEW YORK | NY | 100081534 | CLEANING/ENVIRONMENTAL SERVICE | 1278129 |
| ROBERT AM STERN ARCHITECTS | |||||
| 460 WEST 34TH STREET | NEW YORK | NY | 10001 | ARCHITECT | 1070138 |
| CAPE & ISLAND | |||||
| PO BOX 1100 | POCASSET | MA | 02559 | CONSTRUCTION | 679078 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 26 | NumberOfContractorsGT100K |
| All Other Contributions | 29270350 | AllOtherContributions |
| Noncash Contributions | 1746366 | NoncashContributions |
| Total Contributions | 29270350 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (5 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| TUITION AND FEES | 611710 | 41178615 | 41178615 |
| STUDENT ACTIVITIES | 611710 | 320022 | 320022 |
| INFIRMARY/COUNSELING | 611710 | 194826 | 194826 |
| RENTS | 611710 | 174738 | 174738 |
| APPLICATION FEES | 611710 | 148615 | 148615 |
Total Oth Program Service Revenue TotalOthProgramServiceRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 434393 | TotalRevenueColumn |
| Related Or Exempt Function Income | 434393 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 42451209 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 863532 | TotalRevenueColumn |
| Unrelated Business Revenue | 4146 | UnrelatedBusinessRevenue |
| Exclusion | $859,386 | ExclusionAmount |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 317837 | Real |
Less Rental Expenses LessRentalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 344289 | Real |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | -26452 | Real |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -26452 | TotalRevenueColumn |
| Unrelated Business Revenue | -26452 | UnrelatedBusinessRevenue |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 6110446 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 6110446 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 6110446 | TotalRevenueColumn |
| Unrelated Business Revenue | 91140 | UnrelatedBusinessRevenue |
| Exclusion | $6,019,306 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | 160796 | GrossSalesOfInventory |
| Cost Of Goods Sold | 165854 | CostOfGoodsSold |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -5058 | TotalRevenueColumn |
| Exclusion | -$5,058 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | CLASS ACTION SETTLEMEN | Description |
| Business Code | 900099 | BusinessCode |
| Total Revenue Column | 94 | TotalRevenueColumn |
| Related Or Exempt Function Income | 94 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 94 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 78664121 | TotalRevenueColumn |
| Related Or Exempt Function Income | 42451303 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 68834 | UnrelatedBusinessRevenue |
| Exclusion | $6,873,634 | ExclusionAmount |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 8779712 | Total |
| Program Services | 8779712 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1045140 | Total |
| Program Services | 108747 | ProgramServices |
| Management And General | 513739 | ManagementAndGeneral |
| Fundraising | 422654 | Fundraising |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 17785438 | Total |
| Program Services | 13179541 | ProgramServices |
| Management And General | 3225236 | ManagementAndGeneral |
| Fundraising | 1380661 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2563000 | Total |
| Program Services | 1789235 | ProgramServices |
| Management And General | 523575 | ManagementAndGeneral |
| Fundraising | 250190 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2970534 | Total |
| Program Services | 2293937 | ProgramServices |
| Management And General | 659429 | ManagementAndGeneral |
| Fundraising | 17168 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1352918 | Total |
| Program Services | 963258 | ProgramServices |
| Management And General | 267594 | ManagementAndGeneral |
| Fundraising | 122066 | Fundraising |
Fees For Services Management FeesForServicesManagement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4208697 | Total |
| Program Services | 4208639 | ProgramServices |
| Fundraising | 58 | Fundraising |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 156346 | Total |
| Management And General | 156346 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 87083 | Total |
| Management And General | 87083 | ManagementAndGeneral |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2145360 | Total |
| Management And General | 2145360 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1943764 | Total |
| Program Services | 707899 | ProgramServices |
| Management And General | 865952 | ManagementAndGeneral |
| Fundraising | 369913 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 50162 | Total |
| Program Services | 31248 | ProgramServices |
| Management And General | 18914 | ManagementAndGeneral |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2390694 | Total |
| Program Services | 1103117 | ProgramServices |
| Management And General | 895878 | ManagementAndGeneral |
| Fundraising | 391699 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 290622 | Total |
| Program Services | 289771 | ProgramServices |
| Management And General | 851 | ManagementAndGeneral |
Royalties Royalties
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 6381 | Total |
| Program Services | 6381 | ProgramServices |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2125955 | Total |
| Program Services | 1889267 | ProgramServices |
| Management And General | 214503 | ManagementAndGeneral |
| Fundraising | 22185 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1573469 | Total |
| Program Services | 1332987 | ProgramServices |
| Management And General | 43105 | ManagementAndGeneral |
| Fundraising | 197377 | Fundraising |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 160837 | Total |
| Program Services | 143286 | ProgramServices |
| Management And General | 11133 | ManagementAndGeneral |
| Fundraising | 6418 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1488377 | Total |
| Program Services | 1425865 | ProgramServices |
| Management And General | 46289 | ManagementAndGeneral |
| Fundraising | 16223 | Fundraising |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 7737584 | Total |
| Program Services | 7404777 | ProgramServices |
| Management And General | 246436 | ManagementAndGeneral |
| Fundraising | 86371 | Fundraising |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 706340 | Total |
| Program Services | 84398 | ProgramServices |
| Management And General | 613207 | ManagementAndGeneral |
| Fundraising | 8735 | Fundraising |
Other Expenses OtherExpenses (5 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| MAINTENANCE & REPAIR | 1073028 | 866552 | 206476 | |
| EQUIPMENT PURCHASE | 141831 | 128701 | 12799 | 331 |
| GIFTS & RECOGNITION | 125687 | 48278 | 4951 | 72458 |
| OUTSIDE RENTALS | 108326 | 55454 | 3836 | 49036 |
| UNIFORMS | 87255 | 83293 | 3962 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 245796 | Total |
| Program Services | 242312 | ProgramServices |
| Management And General | 212 | ManagementAndGeneral |
| Fundraising | 3272 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 61350336 | Total |
| Program Services | 47166655 | ProgramServices |
| Management And General | 10766866 | ManagementAndGeneral |
| Fundraising | 3416815 | Fundraising |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 15145856 | BOY |
| EOY | 12216793 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 33692613 | BOY |
| EOY | 27869474 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 100200 | BOY |
| EOY | 76434 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 363888 | BOY |
| EOY | 412967 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1895613 | BOY |
| EOY | 2431897 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 196852231 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 85805315 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 107734254 | BOY |
| EOY | 111046916 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 131027365 | BOY |
| EOY | 140188871 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 114706925 | BOY |
| EOY | 168464846 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 221615 | BOY |
| EOY | 1619438 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 404888329 | BOY |
| EOY | 464327636 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5050108 | BOY |
| EOY | 4993806 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 10435357 | BOY |
| EOY | 10177659 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 39910000 | BOY |
| EOY | 39015000 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 9083622 | BOY |
| EOY | 8031043 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 64479087 | BOY |
| EOY | 62217508 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 131651693 | BOY |
| EOY | 166154201 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 102904227 | BOY |
| EOY | 125860930 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 105853322 | BOY |
| EOY | 110094997 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 340409242 | BOY |
| EOY | 402110128 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 404888329 | BOY |
| EOY | 464327636 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 17313785 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 44387101 | 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
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 237129117 | BeginningOfYearBalance |
| Contributions | 16723637 | Contributions |
| Investment Earnings Or Losses | 49439024 | InvestmentEarningsOrLosses |
| Other Expenditures | 14259927 | OtherExpenditures |
| Administrative Expenses | 2510554 | AdministrativeExpenses |
| End Of Year Balance | 286521297 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 215360644 | BeginningOfYearBalance |
| Contributions | 8791990 | Contributions |
| Investment Earnings Or Losses | 24430184 | InvestmentEarningsOrLosses |
| Other Expenditures | 9198280 | OtherExpenditures |
| Administrative Expenses | 2255421 | AdministrativeExpenses |
| End Of Year Balance | 237129117 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 262771094 | BeginningOfYearBalance |
| Contributions | 7740267 | Contributions |
| Investment Earnings Or Losses | -42218364 | InvestmentEarningsOrLosses |
| Other Expenditures | 11363000 | OtherExpenditures |
| Administrative Expenses | 1569353 | AdministrativeExpenses |
| End Of Year Balance | 215360644 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.35000 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.35000 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.30000 | 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 | 2498668 | OtherCostOrOtherBasis |
| Book Value | 2498668 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 155648504 | OtherCostOrOtherBasis |
| Depreciation | 65877198 | Depreciation |
| Book Value | 89771306 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 19998993 | OtherCostOrOtherBasis |
| Depreciation | 15010807 | Depreciation |
| Book Value | 4988186 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 18706066 | OtherCostOrOtherBasis |
| Depreciation | 4917310 | Depreciation |
| Book Value | 13788756 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 111046916 | TotalOfBookValueLandBuildings |
Other Securities OtherSecurities (2 entries)
| DescriptionDescription | Book ValueBookValue | Method Of ValuationMethodOfValuation |
|---|---|---|
| LIMITED PARTNERSHIPS | 161221004 | F |
| SPLIT INTEREST AGREEMENTS | 7243842 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 168464846 | TotalOfBookValueSecurities |
Other Liabilities OtherLiabilities (3 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| LIABILITY UNDER SPLIT-INTEREST AGREEMENTS | $2,725,307 |
| AMOUNTS HELD ON BEHALF OF OTHERS | $135,695 |
| INTEREST RATE SWAP VALUATION | $5,170,041 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 8031043 | TotalOfAmounts |
| Total Revenue | 78664121 | TotalRevenue |
| Total Expenses | 61350336 | TotalExpenses |
| Excess Or Deficit For Year | 17313785 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | 43828041 | NetUnrealizedGLOnInvestments |
| Other | $559,060 | OtherAmount |
| Total Adjustments | 44387101 | TotalAdjustments |
| Excess Or Deficit Per FS | 61700886 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 111383615 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 43828041 | NetUnrealizedGainsInvestments |
| Other Revenues | -11539525 | OtherRevenues |
| Revenue Not Rptd F990 | 32288516 | RevenueNotRptdF990 |
| Revenue Subtotal | 79095099 | RevenueSubtotal |
| Other Revenues Not Included | -430978 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | -430978 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 78664121 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 50621845 | TotExpensesEtcAuditedFinclStmt |
| Other Expenses Included | 431030 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 431030 | ExpensesNotRptdF990 |
| Expenses Subtotal | 50190815 | ExpensesSubtotal |
| Other Expenses Not Included | 11159521 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 11159521 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 61350336 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (6 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: | PART V, LINE 4: | THE INTENDED USE OF THE ENDOWMENT FUNDS IS TO SUPPORT THE ORGANIZATION'S MISSION OF PROVIDING A QUALITY EDUCATION TO STUDENTS. |
| PART XI, LINE 8 - OTHER ADJUSTMENTS: | BENEFITS PAID ON ANNUITY OBLIGATIONS -380,004. MISCELLANEOUS -52. UNREALIZED GAIN ON INTEREST RATE SWAP 939,116. | |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | FINANCIAL AID RECLASS -8,779,712. INVESTMENT MANAGEMENT FEE RECLASS -2,510,554. CHANGE IN VALUE OF SPLIT INTEREST OBLIGATIONS 130,745. BENEFITS PAID ON ANNUITY OBLIGATIONS -380,004. | |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | RENTAL EXPENSES RECLASS -344,289. COST OF GOODS SOLD RECLASS -165,855. RECLASS POSTAGE RECHARGES 62,480. MISCELLANEOUS 3. RECLASS OF EVENTS EXPENSES 16,683. | |
| PART XIII, LINE 2D - OTHER ADJUSTMENTS: | COST OF GOODS SOLD RECLASS 165,855. RENTAL EXPENSES RECLASS 344,289. RECLASS POSTAGE RECHARGES -62,480. MISCELLANEOUS EXPENSES 49. RECLASS OF EVENTS EXPENSES -16,683. | |
| PART XIII, LINE 4B - OTHER ADJUSTMENTS: | FINANCIAL AID RECLASS 8,779,712. INVESTMENT MANAGEMENT FEES RECLASS 2,510,554. CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS -130,745. |
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 | A STATEMENT OF CHOATE'S NON-DISCRIMINATORY POLICY IS INCLUDED IN ALL BROCHURES AND CATALOGS PERTAINING TO APPLICATIONS, FINANCIAL AID AND ENROLLMENT MATERIALS UTILIZED DURING STUDENT RECRUITMENT, MATRICULATION AND RE-ENROLLMENT, IS POSTED IN MULTIPLE LOCATIONS ON OUR WEB SITE, AND IS STATED IN ALUMNI PUBLICATIONS. | Explanation |
Schedule F IRS990ScheduleF
Accts Actvs Out US Table AcctsActvsOutUSTable (4 entries)
| RegionRegion | Number Of OfficesNumberOfOffices | Number Of EmployeesNumberOfEmployees | Type Of Activities ConductedTypeOfActivitiesConducted | Specific Services ProvidedSpecificServicesProvided | Total ExpendituresTotalExpenditures |
|---|---|---|---|---|---|
| EUROPE (INCLUDING ICELAND & GREENLAND) | 1 | 3 | PROGRAM SERVICES | STUDY ABROAD PROGRAMS | 533010 |
| EAST ASIA AND THE PACIFIC | 0 | 0 | PROGRAM SERVICES | STUDY ABROAD PROGRAMS | 240222 |
| CENTRAL AMERICA AND THE CARIBBEAN | 0 | 0 | INVESTMENTS | 37695685 | |
| EUROPE (INCLUDING ICELAND & GREENLAND) | 0 | 0 | INVESTMENTS | 2862213 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Number Of Offices | 1 | SubtotalNumberOfOffices |
| Subtotal Number Of Employees | 3 | SubtotalNumberOfEmployees |
| Cont Number Of Offices | 0 | ContNumberOfOffices |
| Cont Number Of Employees | 0 | ContNumberOfEmployees |
| Total Number Of Offices | 1 | TotalNumberOfOffices |
| Total Number Of Employees | 3 | TotalNumberOfEmployees |
| Subtotal Amount Spent | 41331130 | SubtotalAmountSpent |
| Cont Amount Spent | 0 | ContAmountSpent |
| Total Amount Spent | 41331130 | TotalAmountSpent |
| Transfer To Foreign Corp | 1 | TransferToForeignCorp |
| Interest In Foreign Trust | 0 | InterestInForeignTrust |
| Own Foreign Corp | 1 | OwnForeignCorp |
| Passive Foreign Invest Co | 1 | PassiveForeignInvestCo |
| Foreign Partnership | 1 | 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 | FINANCIAL AID | TypeOfGrant |
| Number Of Recipients | 260 | NumberOfRecipients |
| Amount Of Non Cash Assistance | 8779712 | AmountOfNonCashAssistance |
| Method Of Valuation | OTHER | MethodOfValuation |
| Description Of Non Cash Assistance | FINANCIAL AID-REDUCTION IN TUITION | DescriptionOfNonCashAssistance |
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: FINANCIAL AID IS PROVIDED VIA A REDUCTION IN TUITION. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Housing Allowance Or Residence | X | HousingAllowanceOrResidence |
| Personal Services | X | PersonalServices |
| Written Policy Re T And E Expenses | 0 | WrittenPolicyReTAndEExpenses |
| Substantiation Required | 1 | SubstantiationRequired |
| Compensation Committee | X | CompensationCommittee |
| Independent Consultant | X | IndependentConsultant |
| Written Employment Contract | X | WrittenEmploymentContract |
| 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 (8 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| EDWARD SHANAHAN | |||||||||||||
| 312242 | 0 | 81336 | 0 | 41409 | 0 | 53250 | 0 | 59867 | 0 | 548104 | 0 | 0 | 0 |
| RICHARD SALTZ | |||||||||||||
| 180117 | 0 | 3633 | 0 | 1014 | 0 | 27690 | 0 | 25750 | 0 | 238204 | 0 | 0 | 0 |
| JOHN BURDITT | |||||||||||||
| 214935 | 0 | 4178 | 0 | 1115 | 0 | 33717 | 0 | 0 | 0 | 253945 | 0 | 0 | 0 |
| DANIEL COURCEY | |||||||||||||
| 200310 | 0 | 4160 | 0 | 691 | 0 | 55707 | 0 | 25750 | 0 | 286618 | 0 | 0 | 0 |
| BENJAMIN GARDNER | |||||||||||||
| 157267 | 0 | 3095 | 0 | 715 | 0 | 23590 | 0 | 25750 | 0 | 210417 | 0 | 0 | 0 |
| STEPHEN FARRELL | |||||||||||||
| 129705 | 0 | 2553 | 0 | 3031 | 0 | 19456 | 0 | 76585 | 0 | 231330 | 0 | 0 | 0 |
| KATHLEEN WALLACE | |||||||||||||
| 136375 | 0 | 2700 | 0 | 2815 | 0 | 20756 | 0 | 0 | 0 | 162646 | 0 | 0 | 0 |
| ANN WARDWELL | |||||||||||||
| 132109 | 0 | 2680 | 0 | 644 | 0 | 20427 | 0 | 0 | 0 | 155860 | 0 | 0 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII (2 entries)
| Return ReferenceReturnReference | ExplanationExplanation |
|---|---|
| PART I, LINE 1B | THE SCHOOL REQUIRES THAT ITS SENIOR LEADERSHIP RESIDE ON CAMPUS AS A CONDITION OF EMPLOYMENT. ALL FACULTY WHO RESIDE IN SCHOOL HOUSING ARE REQUESTED TO SUBSTANTIATE THEIR "BUSINESS USE" OF THE FACILITY ONCE A YEAR. ALL FACULTY ARE REQUIRED TO PROVIDE SERVICES TOWARD THE RESIDENTIAL LIFE PROGRAM AT CHOATE ROSEMARY HALL. THE SCHOOL DOES NOT REIMBURSE EXPENSES FOR HOUSING AND PERSONAL SERVICES. |
| PART I, LINE 4B | DANIEL COURCEY PARTICIPATES IN A 457(F) NONQUALIFIED DEFERRED COMPENSATION PLAN. DURING 2010, HE WAS AWARDED $25,000. |
Schedule K IRS990ScheduleK
Form990 Schedule K Part I Form990ScheduleKPartI
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CONNECTICUT HEALTH AND EDUCATIONAL FACILITIES AUTHORITY | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Issuer EIN | 060806186 | IssuerEIN |
| CUSIP Number | 20774UUD5 | CUSIPNumber |
| Date Issued | 2008-04-02 | DateIssued |
| Issue Price | 42415000 | IssuePrice |
| Description Of Purpose | SERIES D BONDS WERE ISSUED TO REFINANCE SERIES C BONDS ISSUES THROUGH CHEFA | DescriptionOfPurpose |
| Defeased | 0 | Defeased |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuer |
| Pool Financing | 0 | PoolFinancing |
Form990 Schedule K Part II Form990ScheduleKPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Proceeds | 42415000 | TotalProceeds |
| Refunding Escrow | 42098000 | RefundingEscrow |
| Issuance Costs From Proceeds | 315814 | IssuanceCostsFromProceeds |
| Other Spent Proceeds | 1186 | OtherSpentProceeds |
| Year Of Subst Completion | 2008 | YearOfSubstCompletion |
| Current Refunding | 1 | CurrentRefunding |
| Advance Refunding | 0 | AdvanceRefunding |
| Final Allocation Made | 1 | FinalAllocationMade |
| Adequate Books And Recds Maintaind | 1 | AdequateBooksAndRecdsMaintaind |
Form990 Schedule K Part III Form990ScheduleKPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Owning Bond Financed Property | 0 | OwningBondFinancedProperty |
| Any Lease Arrangements | 0 | AnyLeaseArrangements |
| Mngment Cntrct Bond Financd Prprty | 0 | MngmentCntrctBondFinancdPrprty |
| Any Research Agreements | 0 | AnyResearchAgreements |
| Prcntge Prvt Business Use By Others | 0.00750 | PrcntgePrvtBusinessUseByOthers |
| Total Private Business Use | 0.00750 | TotalPrivateBusinessUse |
| Post Issuance Compliance Procdrs | 1 | PostIssuanceComplianceProcdrs |
Form990 Schedule K Part IV Form990ScheduleKPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8038 T Filed | 0 | Form8038TFiled |
| Variable Rate Issue | 1 | VariableRateIssue |
| Hedge Identified In Books And Recds | 1 | HedgeIdentifiedInBooksAndRecds |
Name Of Hedge Provider NameOfHedgeProvider
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BARCLAY'S | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Term Of Hedge | 28.420000000000 | TermOfHedge |
| Superintegrated Hedge | 1 | SuperintegratedHedge |
| Hedge Terminated | 0 | HedgeTerminated |
| Gross Proceeds Invested In GIC | 0 | GrossProceedsInvestedInGIC |
| Gross Proceeds Invested | 0 | GrossProceedsInvested |
| Exception To Rebate | 0 | ExceptionToRebate |
Schedule L IRS990ScheduleL
Form990 Schedule L Part III Form990ScheduleLPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Interested Person | VARIOUS | NameOfInterestedPerson |
| Relationship With Organization | CHILDREN OF FACULTY | RelationshipWithOrganization |
| Amount Of Grant | 500 | AmountOfGrant |
| Type Of Assistance | COLLEGE GRANTS | TypeOfAssistance |
Form990 Schedule L Part IV Form990ScheduleLPartIV (2 entries)
| RelationshipRelationship | Amount Of TransactionAmountOfTransaction | Description Of TransactionDescriptionOfTransaction | Sharing Of RevenuesSharingOfRevenues |
|---|---|---|---|
| SANDRA PODESTA SHANAHAN | |||
| SPOUSE OF KEY OFFICER/TREASURER | 33784 | EMPLOYMENT | 0 |
| THERESE BURDITT | |||
| SPOUSE OF KEY EMPLOYEE | 28297 | EMPLOYMENT | 0 |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTraded
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 139 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 1746366 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | VALUE ON DATE RECEIVED | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of8283 Received | 0 | NumberOf8283Received |
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | 1 | ReviewProcessUnusualNCGifts |
| Third Parties Used | 1 | ThirdPartiesUsed |
Form990 Schedule M Part II Form990ScheduleMPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | THIRD PARTY USE: | Identifier |
| Return Reference | PART I, LINE 32B: | ReturnReference |
| Explanation | OPPENHEIMER IS A FULL SERVICE BROKER THAT IS THE SCHOOL'S DEDICTATED SECURITIES BROKER. | Explanation |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (5 entries)
| IdentifierIdentifier | ExplanationExplanation | Return ReferenceReturnReference |
|---|---|---|
| FORM 990, PART VI, SECTION B, LINE 11 | THE MANAGEMENT OF THE SCHOOL DISTRIBUTES THE DRAFT COPY OF THE FORM 990 TO THE ENTIRE BOARD OF TRUSTEES. THE AUDIT COMMITTEE CALLS A MEEETING FOR ALL TRUSTEES IN WHICH MANAGEMENT GOES THROUGH THE FORM 990, THE FORM 990-T AND THE FORM CT-990T IN DETAIL. AFTER REVIEW AND APPROVAL, THE FORM IS SUBMITTED TO THE PROPER AUTHORITIES. | |
| THE SCHOOL'S AUDIT COMMITTEE DOES AN INVENTORY OF EACH RESPONDENT'S CONFLICT OF INTEREST QUESTIONNAIRE BEFORE EACH APRIL MEETING. THE AUDIT COMMITTEE ENSURES THERE IS A 100% RESPONSE RATE. THE TRUSTEESHIP COMMITTEE FOLLOWS UP ON CONFLICTS THAT ARE DISCLOSED, IF ANY. | FORM 990, PART VI, SECTION B, LINE 12C | |
| THE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES MEETS ONCE A YEAR TO DISCUSS AND REVIEW THE HEADMASTER'S AND SENIOR ADMINISTRATORS' COMPENSATION. THE CFO PROVIDES SALARY HISTORY AND COMPARISONS FROM ABOPS AND/OR NACUBO OR OTHER THIRD PARTY SOURCES TO THE COMMITTEE FOR THE HEADMASTER AND SENIOR ADMINISTRATORS AND MAKES A RECOMMENDATION OF INCREASES BASED ON FACULTY COMPENSATION POOL (PERCENT OF INCREASE). FROM TIME-TO-TIME, A PRIVATE CONSULTANT IS CONTRACTED TO PERFORM INDEPENDENT ANALYSIS OF COMPENSATION PACKAGES AND ENSURE COMPLIANCE WITH IRS REGULATIONS OF THE INTERMEDIATE SANCTIONS ACT AND REBUTTABLE PRESUMPTION OF REASONABLENESS TESTS. THE COMPENSATION COMMITTEE ALSO OVERSEES CONTRACT/SALARY NEGOTIATIONS WITH THE HEADMASTER'S SPOUSE. | FORM 990, PART VI, SECTION B, LINE 15 | |
| THE SCHOOL ANNUALLY POSTS ITS AUDITED FINANCIAL STATEMENTS ON ITS WEBSITE, WWW.CHOATE.EDU. THE SCHOOL DOES NOT MAKE ITS GOVERNING DOCUMENTS OR ITS CONFLICT OF INTEREST POLICY AVAILABLE TO THE PUBLIC. | FORM 990, PART VI, SECTION C, LINE 19 | |
| CHANGES IN NET ASSETS OR FUND BALANCES: | NET UNREALIZED GAINS ON INVESTMENTS: 43,828,041. BENEFITS PAID ON ANNUITY OBLIGATIONS -380,004. MISCELLANEOUS -52. UNREALIZED GAIN ON INTEREST RATE SWAP 939,116. TOTAL TO FORM 990, PART XI, LINE 5: 44,387,101. | FORM 990, PART XI, LINE 5: |
Schedule R IRS990ScheduleR
Form990 Schedule R Part II Form990ScheduleRPartII
Name Of Disregarded Entity NameOfDisregardedEntity
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FOUNDATION FOR A GREATER OPPORTUNITY | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 767 FIFTH AVENUE | AddressLine1 |
| City | NEW YORK | City |
| State | NY | State |
| ZIP Code | 10153 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 133913393 | EIN |
| Primary Activities | FUNDING SCHOLARSHIPS | PrimaryActivities |
| Legal Domicile State | NY | LegalDomicileState |
| Exempt Code Section | 501(C)(3) | ExemptCodeSection |
| Public Charity Status | 509(A)(3) | PublicCharityStatus |
| Direct Controlling Entity NA | N/A | DirectControllingEntityNA |
| Controlled Org | 0 | ControlledOrg |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | 0 | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | 0 | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | 1 | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | 0 | LoansOrGuaranteesFromOtherOrg |
| Sale Of Assets To Other Org | 0 | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | 0 | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | 0 | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | 0 | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | 0 | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | 0 | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | 0 | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | 0 | SharingOfFacilities |
| Sharing Of Paid Employees | 0 | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | 0 | OtherTransferToOtherOrg |
| Other Transfer From Other Org | 0 | OtherTransferFromOtherOrg |
Transactions Related Orgs Table TransactionsRelatedOrgsTable
Name Of Other Organization NameOfOtherOrganization
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FOUNDATION FOR A GREATER OPPORTUNITY | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transaction Type | C | TransactionType |
| Amount Involved | 316206 | AmountInvolved |
| Method Of Amt Determination | CASH PAYMENT | MethodOfAmtDetermination |
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