2012-05-13T18:07:22-05:00 2011-06-30 WHEELER WOLFENDEN & DWARES PA 4550 NEW LINDEN HILL ROAD SUITE 201 WILMINGTON DE 19808 990 2010-07-01 231433899 THE ACADEMY OF THE NEW CHURCH ACAD 2159474200 P O BOX 711 PITCAIRN HALL BRYN ATHYN PA 19009 DANIEL T ALLEN 2159474200 2012-05-10 1 DAVID M WOLFENDEN CPA MS 3022548240 2010 2016-02-24 21:20:13Z DANIEL T ALLEN P O BOX 711 PITCAIRN HALL BRYN ATHYN PA 19009 114014945 0 X ANCSS.ORG, BRYNATHYN.EDU, OUROWNACADEMY.ORG, GLEN X 1876 PA THE MISSION OF THE ACADEMY IS TO STUDY AND TEACH THE TRUTHS OF THE NATURAL AND SPIRITUAL WORLDS IN THE LIGHT OF THE OLD TESTAMENT, THE NEW TESTAMENT, AND THE WRITINGS. THIS IS DONE AT THE ACADEMY OF THE NEW CHURCH SECONDARY SCHOOLS, BRYN ATHYN COLLEGE AND THE ACADEMY OF THE NEW CHURCH THEOLOGICAL SCHOOL. 24 19 630 180 994910 0 9307234 10490058 9286407 10146783 17485440 8416804 2582950 -21299 38662031 29032346 3555482 4406636 0 0 13756841 14738907 17452 0 567498 21335350 19834131 38665125 38979674 -3094 -9947328 382560655 412463394 88199266 86686730 294361389 325776664 X THE MISSION OF THE ACADEMY IS TO STUDY AND TEACH THE TRUTHS OF THE NATURAL AND SPIRITUAL WORLDS IN THE LIGHT OF THE OLD TESTAMENT, THE NEW TESTAMENT, AND THE WRITINGS. THIS IS DONE AT THE ACADEMY OF THE NEW CHURCH SECONDARY SCHOOLS, BRYN ATHYN COLLEGE AND THE ACADEMY OF THE NEW CHURCH THEOLOGICAL SCHOOL. 0 0 8681731 1583809 10369834 THE ACADEMY OF THE NEW CHURCH IS A MISSION-DRIVEN, ACCREDITED, PRIVATE GIRLS SCHOOL AND BOYS SCHOOL PROVIDING 9TH - 12TH GRADE EDUCATION. OUR SELF-MOTIVATED STUDENTS ARE INTERESTED IN AN ACADEMIC APPROACH THAT COMBINES RIGOROUS COURSE WORK WITH A UNIQUELY CHRISTIAN EDUCATION. OUR CURRICULUM IS INSPIRED BY THE NEW CHURCH AND ITS FUNDAMENTAL VALUES. EVERY COURSE CHALLENGES STUDENTS TO FIND A SENSE OF PURPOSE. OUR ACADEMIC COURSES ARE RIGOROUS AND PROVIDE STUDENTS WITH A STRONG FOUNDATION FOR THEIR FUTURES. EACH COURSE INTEGRATES SPIRITUAL LESSONS WITH THE ACADEMIC SUBJECT MATTER, ENABLING STUDENTS TO DEVELOP BOTH MORALLY AND INTELLECTUALLY. AT ANC, WE HAVE FOUR CRITERIA IN PLANNING OUR CURRICULUM. WITH EACH OF OUR COURSES WE FOCUS ON PROVIDING OUR STUDENTS WITH: A STRONG LIBERAL ARTS FOUNDATION; COURSE MATERIAL DEVELOPED FREELY BY INDIVIDUAL TEACHERS IN ACCORDANCE WITH OUR SPECIFIC DEPARTMENTAL GOALS; SUBJECT MATTER THAT HAS SPIRITUAL AS WELL AS TEMPORAL IMPLICATIONS; AND STUDIES THAT CAN BE SEEN AS USEFUL IN LEADING TO A LIFE OF SERVICE TO OTHERS IN THIS WORLD AND THE NEXT. BECAUSE WE HAVE AN AVERAGE CLASS SIZE OF 15 STUDENTS AND AN 8:1 STUDENT-TEACHER RATIO, STUDENTS RECEIVE SIGNIFICANT INDIVIDUAL ATTENTION. EACH OF OUR APPROXIMATELY 250 STUDENTS HAS AN ACADEMIC ADVISOR AND ACCESS TO OUR COLLEGE AND CAREER COUNSELOR, OUR CHAPLAIN AND PASTORAL STAFF, OUR INDEPENDENT PERSONAL COUNSELOR, AND OUR IN-SCHOOL COUNSELOR. FOR STUDENTS SEEKING AN ACADEMIC CHALLENGE, WE OFFER HONORS AND ADVANCED PLACEMENT (AP) COURSES IN ENGLISH, MATH, SCIENCE, HISTORY AND FOREIGN LANGUAGE. OUR STUDENTS CONSISTENTLY SCORE WELL ABOVE THE NATIONAL AVERAGE ON AP TESTS (3 OR ABOVE FOR 88%* OF HONORS STUDENTS) AND OUR ENTRANCE TEST SCORES ARE CONSISTENTLY WELL ABOVE NATIONAL AVERAGES. (SAT AVERAGES ARE CONSISTENTLY 125 POINTS* ABOVE THE NATIONAL AVERAGE, AND SAT PLACEMENT IS IN THE 70TH PERCENTILE, COMPARED TO OTHER COLLEGE-BOUND SENIORS.) [* FIVE YEAR AVERAGE] FULL-TIME FACULTY MEMBERS ARE EXPECTED TO HAVE A MASTER'S DEGREE OR TO BE WORKING TOWARD ONE. WE PROVIDE FOR THE ONGOING PROFESSIONAL DEVELOPMENT OF OUR TEACHERS, 70% OF WHOM HOLD A MASTER'S DEGREE OR HIGHER. 13097611 2560480 15338927 FOUNDED IN 1877, BRYN ATHYN COLLEGE OF THE NEW CHURCH IS A SMALL, PRIVATE, COEDUCATIONAL, CHRISTIAN, LIBERAL ARTS COLLEGE AFFILIATED WITH THE NEW CHURCH. BRYN ATHYN COLLEGE IS DEDICATED TO HELPING STUDENTS PREPARE FOR LIVES OF MEANINGFUL SERVICE. THE PURPOSE OF A BRYN ATHYN EDUCATION IS TO ENHANCE STUDENTS' CIVIL, MORAL, AND SPIRITUAL LIFE, AS WELL AS TO CONTRIBUTE TO HUMAN SPIRITUAL WELFARE. WE OFFER ACADEMIC PROGRAMS EASILY TAILORED TO MEET THE NEEDS OF OUR STUDENTS. OUR EDUCATIONAL APPROACH INCORPORATES EXPERIENTIAL LEARNING-THROUGH SERVICE LEARNING, INTERNSHIPS AND INTERNATIONAL EXPERIENCES. WHILE OUR PERSPECTIVE IS GLOBAL, REFLECTING THE INCLUSIVE, SERVICE-ORIENTED CHRISTIANITY TAUGHT IN THE THEOLOGICAL WRITINGS OF EMANUEL SWEDENBORG, OUR EDUCATIONAL METHODS ARE PERSONAL, FOCUSED ON YOUR UNIQUE LEARNING STYLE AND SPECIAL TALENTS. OUR CAMPUS IS LOCATED IN BEAUTIFUL BRYN ATHYN, PANNSYLVANIA, JUST 20 MILES FROM CENTER CITY PHILADELPHIA. THE AVERAGE CLASS SIZE IS 10 STUDENTS AND WE HAVE A 7:1 STUDENT-TEACHER RATIO WITH APPROXIMATELY 190 TOTAL STUDENTS. THE AREAS OF STUDY INCLUDE ART, ART HISTORY, BIOLOGY, BUSINESS MANAGEMENT, EDUCATION, ENGLISH, HISTORY, MATH, PHILOSOPHY, PSYCHOLOGY, AND RELIGION. BRYN ATHYN COLLEGE IS AFFILIATED WITH THE GENERAL CHURCH OF THE NEW JERUSALEM AND ENCOURAGES ALL THE STUDENTS TO MAKE CONSCIOUS CHOICES AND LIVE A LIFE OF INTEGRITY, HONOR AND COURAGE.BRYN ATHYN COLLEGE GRADUATE PROGRAMS FOCUS PRIMARILY ON RELIGIOUS STUDIES, AND ARE SPECIFICALLY DESIGNED FOR STUDENTS WHO ARE INTERESTED IN STUDYING THE TEACHING OF THE NEW CHURCH AND EXPLORING RELIGION IN GENERAL. THE MASTER OF ARTS IN RELIGIOUS STUDIES DEGREE IS DESIGNED TO ENABLE STUDENTS TO STUDY THE TEACHINGS FOR THE NEW CHURCH IN DEPTH. OUR MASTER OF DIVINITY PROGRAM IS A THREE-YEAR DEGREE THAT LEADS TOWARD ORDINATION AS A MINISTER FOR THE NEW CHURCH (WWW.NEWCHURCH.ORG <HTTP://WWW.NEWCHURCH.ORG>). FOR STUDENTS INTERESTED IN NON-DEGREE STUDY, WE ALSO OFFER LIFELONG LEARNING <HTTP://WWW.BRYNATHYN.EDU/ACADEMICS/SUMMER-PROGRAMS/INDEX.HTML> COURSES THROUGHOUT THE YEAR AND INTENSIVE SUMMER INSTITUTES <HTTP://WWW.BRYNATHYN.EDU/ACADEMICS/SUMMER-PROGRAMS/SUMMER-INSTITUTES.HTML> EACH JULY.60% OF STUDENTS LIVE ON CAMPUS. TYPICAL BRYN ATHYN COLLEGE STUDENTS ARE BRIGHT, ETHICAL AND ENGAGED IN CAMPUS LIFE. THE PROFILE OF ENROLLING STUDENTS IS AS FOLLOWS: SAT MEDIAN (FOR CRITICAL READING AND MATHEMATICS) IS 1070. THE AVERAGE GPA OF AN INCOMING FRESHMAN IS 3.49, AND AN AVERAGE STUDENT'S ACT AVERAGE IS 21.THE COLLEGE IS ACCREDITED BY MIDDLE STATES ASSOCIATION OF COLLEGES AND SCHOOLS. 1679703 1951275 GLENCAIRN MUSEUM WAS ORIGINALLY FOUNDED IN 1878. THE CORE PURPOSE OF THE MUSEUM OF THE ACADEMY OF THE NEW CHURCH IS TO PROVIDE A DEEPER UNDERSTANDING OF RELIGION THROUGH CULTURAL EXPRESSIONS OF FAITH. SINCE 1982, THE MUSEUM HAS BEEN HOUSED IN GLENCAIRN, THE FORMER HOME OF RAYMOND AND MILDRED PITCAIRN. IN THE EARLY PART OF THE 20TH CENTURY RAYMOND PITCAIRN SUPERVISED THE CONSTRUCTION OF BRYN ATHYN CATHEDRAL. LATER, AS THE CATHEDRAL NEARED COMPLETION, HE BUILT GLENCAIRN, A "LITTLE CASTLE" FOR HIS FAMILY AND ART COLLECTION. TODAY GLENCAIRN IS KNOWN INTERNATIONALLY FOR ITS OUTSTANDING COLLECTION OF MEDIEVAL SCULPTURE AND STAINED GLASS, PURCHASED BY PITCAIRN AS INSPIRATIONAL MODELS FOR THE ARTISTS WHO WORKED ON THE CATHEDRAL. IN ADDITION TO MEDIEVAL, THE MUSEUM FEATURES ANCIENT EGYPTIAN, ANCIENT NEAR EASTERN, GREEK, ROMAN, AND ASIAN GALLERIES. GLENCAIRN MUSEUM IS ASSOCIATED WITH BRYN ATHYN COLLEGE, AND BELONGS TO THE BRYN ATHYN HISTORIC DISTRICT, RECENTLY DESIGNATED AS A NATIONAL HISTORIC LANDMARK. OUR EXHIBITIONS, PROGRAMS, AND PUBLICATIONS USE GLENCAIRN'S OUTSTANDING COLLECTION OF RELIGIOUS ART TO ILLUSTRATE THE RELIGIOUS TRADITIONS OF PEOPLE THROUGH THE AGES.IN 2008-9 GLENCAIRN OFFERED REGULAR GUIDED TOURS, CONCERTS, LECTURES, AND SPECIAL EVENTS FOR THE GENERAL PUBLIC. THE MOST IMPORTANT EVENT OF THE YEAR WAS A PUBLIC CELEBRATION HONORING THE SECRETARY OF THE INTERIOR'S DESIGNATION OF FOUR HISTORIC BUILDINGS - INCLUDING GLENCAIRN AND BRYN ATHYN CATHEDRAL - AS THE BRYN ATHYN HISTORIC LANDMARK DISTRICT. THE NATIONAL PARK SERVICE DEFINES NATIONAL LANDMARKS AS PLACES THAT "HAVE MEANING FOR ALL AMERICANS." THE BUILDINGS OF THE BRYN ATHYN HISTORIC DISTRICT WERE HONORED FOR THEIR USE OF UNIQUE DESIGNS, SYMBOLISM AND BUILDING MATERIALS-ALL OF THE HIGHEST NATIONAL ACHIEVEMENT. TOTAL ATTENDANCE AT PUBLIC TOURS AND EVENTS WAS 9,126.GLENCAIRN MUSEUM IS A POPULAR DESTINATION FOR SCHOOLS IN THE PHILADELPHIA AREA. WE OFFER PROGRAMS FOR ELEMENTARY, SECONDARY AND HOME SCHOOL GROUPS, AS WELL AS FOR COLLEGES AND UNIVERSITIES. IN PARTICULAR, GLENCAIRN IS AN UNPARALLELED EDUCATIONAL RESOURCE FOR BRYN ATHYN COLLEGE AND THE ACADEMY OF THE NEW CHURCH SECONDARY SCHOOLS. TEN FULL-CREDIT COURSES WERE TAUGHT BY BRYN ATHYN COLLEGE PROFESSORS IN THE MUSEUM'S CLASSROOMS AND GALLERIES. SEVEN COLLEGE STUDENTS PARTICIPATED IN GLENCAIRN'S POPULAR INTERNSHIP PROGRAM, AND OTHER STUDENTS PERFORMED PAID OR VOLUNTEER MUSEUM WORK IN A VARIETY OF CAPACITIES. TOTAL ATTENDANCE AT OUR SCHOOL RELATED PROGRAMS, CLASSES, COURSES, INTERNSHIPS, WORK AND VOLUNTEER OPPORTUNITIES WAS 9,527.ALTHOUGH STAFF NUMBERS VARY FROM YEAR TO YEAR, GLENCAIRN MUSEUM TYPICALLY HAS 8 FULL-TIME EMPLOYEES, A FEW MORE PART-TIMERS, AND 38 VOLUNTEERS. 1476188 1372310 MIXED USE FACILITIES 1476188 1372310 24935233 1 1 0 0 1 1 1 0 1 1 1 0 0 1 1 1 0 1 0 0 0 0 0 1 0 0 0 1 1 0 0 0 1 0 1 1 1 1 0 0 0 0 1 0 0 0 0 1 55 0 1 630 1 1 1 0 0 0 0 0 0 0 0 0 X 24 19 1 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 PA X X ACADEMY OF THE NEW CHURCH 2675022635 PO BOX 711 BRYN ATHYN PA 190090711 JAMES ADAMS 1.00 X 0 0 0 RT REV THOMAS KLINE 1.00 X X 0 0 170524 DANIEL T ALLEN 40.00 X X X 166665 0 32419 STEVEN G ASPLUNDH 1.00 X 0 0 0 GREGG G ASPLUNDH 1.00 X 0 0 0 ERIN G BUSBY 1.00 X 0 0 0 ERIK J BUSS 1.00 X 0 0 0 CHARLES M COLE 1.00 X 0 0 0 NEIL GENZLINGER 1.00 X 0 0 0 DAVID M KLOC 1.00 X 0 0 0 NORMAN A NORTON 1.00 X 0 0 0 LAEL U ODHNER 1.00 X 0 0 0 CARL HJ ASPLUNDH JR 1.00 X 0 0 0 JILL A BRICKMAN 1.00 X 0 0 0 JOHN A KERN ESQ 1.00 X 0 0 0 REV ERIC CARSWELL 1.00 X X 0 0 122218 DUNCAN PITCAIRN 1.00 X 0 0 0 LEONARD A GYLLENHAAL 1.00 X 0 0 0 SUSAN MCGRATH 1.00 X 0 0 0 T DUDLEY DAVIS 40.00 X X X 208851 0 46067 TINA BARTELS 40.00 X 90697 0 33418 KRISTIN KING 40.00 X 122037 0 29796 CHRISTOPHER CARTER 40.00 X 171906 0 55095 STEFANIE NILES 40.00 X 186217 0 35107 ANDREW DIBB 40.00 X 0 0 112897 BRUCE HENDERSON 1.00 X 105425 0 45624 ANDREW SULLIVAN 1.00 X 131303 0 33005 WAYNE PARKER 1.00 X 144692 0 26965 CHRISTOPHER CLARK 1.00 X 81736 0 6691 1327793 0 630238 8 1 1 0 WHITING-TURNER CONTRACTING COMPANY PO BOX 17596 BALTIMORE MD 21297 GENERAL CONTRACTOR 10634275 GURNEY-KERR CONTRACTORS INC 1634 BYBERRY ROAD HUNTINGDON VALLEY PA 19006 GENERAL CONTRACTOR 1533339 BRICKMAN GROUP LTD 3630 SOLUTIONS CENTER CHICAGO IL 606773006 GROUNDS MAINTENANCE 1089123 SODEXO PO BOX 905374 CHARLOTTE NC 28290 MAINTENANCE CONTRACTOR 935783 SPILLMAN FARMER ARCHITECTS 1720 SPILLMAN DRIVE SUITE 200 BETHLEHEM PA 18015 ARCHITECTS 338452 5 10250 1101156 9378652 285873 10490058 STUDENT TUITION FEES 611600 5889652 5889652 AUXILIARY ENTERPRISES 611710 2666555 2666555 HOSPITALITY & CONFEREN 721000 994910 994910 MISCELLANEOUS 611710 595666 595666 10146783 10813256 10813256 249273 284481 -35208 -35208 -35208 82219693 84616145 -2396452 -2396452 -2396452 95882 10250 81973 13909 13909 29032346 9151873 994910 8395505 4406636 4406636 823570 823570 9645905 6292116 2997066 356723 1098542 1043542 55000 2471199 1053213 1340932 77054 699691 414940 259316 25435 65917 65917 42000 42000 1131679 24709 1106970 625354 379639 220318 25397 671365 21842 635997 13526 5871698 5272470 599228 401393 186489 207454 7450 103865 3314 99027 1524 2724692 278 2724414 3968837 3384719 578563 5555 123850 70828 53022 FOOD SERVICE 863282 863282 0 0 PRINTING & PUBLICATIONS 231338 27917 170096 33325 TELEPHONE 140650 86192 51264 3194 EQUIPMENT RENTAL & MAIN 108886 101155 4901 2830 POSTAGE & SHIPPING 46718 4685 37873 4160 2712607 1297267 1404015 11325 38979674 24935233 13476943 567498 2552 2633 4172515 4319920 1655137 1736572 1399804 1195043 318672 135642 776011 451384 295489 253587 180402783 27736929 142916658 152665854 230437115 251022573 586702 680186 382560655 412463394 2618225 1710909 492977 572969 54122158 54987512 30965906 29415340 88199266 86686730 X 178349915 189170520 99491148 119726133 16520326 16880011 294361389 325776664 382560655 412463394 X -9947328 41362603 X X 0 1 1 X 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 90000 2153521 1 1 X X X 1 18.50 0 0 0 1 1 0.00 0 X X X X 0 227027729 1560733 36781718 17510733 247859447 229960632 15779 21199339 24148021 227027729 302815162 1256760 -74111290 229960632 0.52400 0.06800 0.40800 0 0 5277379 5966151 11243530 94806189 13412588 81393601 25336140 2608615 22727525 14901347 8344715 6556632 34115577 3371011 30744566 152665854 NEW CHURCH INVESTMENT FUND 175996422 F EQUITY SECURITIES 20198821 F OTHER INVESTMENTS 329877 F INVESTMENTS HELD UNDER PLANNED GIVING AGREEMENTS 2833249 F FIXED INCOME AND SHORT TERM INVESTMENTS 51664204 F 251022573 OTHER LIABILITIES UNDER PLANNED GIVING AGREEMENTS 909651 FUNDS HELD FOR OTHERS 173635 ACCRUED BENEFITS LIABILITY 22149411 CURRENT VALUE OF DERIVATIVE INSTRUMENT 6182643 29415340 29032346 38979674 -9947328 39160578 2202025 41362603 31415275 66250659 39160578 2202025 41362603 24888056 4144290 4144290 29032346 34835384 0 34835384 4144290 4144290 38979674 EXPLANATION OF CHANGES TO CONSERVATION EASEMENTS: PART II, LINE 3: THE POLICIES AND PROCEDURES ARE FROM THE PENNYPACK ECOLOGICAL RESTORATION TRUST. DESCRIPTION OF HOW ORGANIZATION REPORTS CONSERVATION EASEMENTS: PART II, LINE 9: THE ACADEMY OWNS REAL ESTATE HELD AS INVESTMENT PROPERTY WHICH CONTAINS A CONSERVATION EASEMENT. PART III, LINE 1A: IN CONFORMITY WITH THE PRACTICE FOLLOWED BY MANY INSTITUTIONS, THE FINANCIAL STATEMENTS EXCLUDE THE VALUE OF THE PAINTINGS, RARE BOOKS, ANTIQUES, SCULPTURES AND OTHER OBJECTS OF ART DONATED TO THE ACADEMY, AND NO DETERMINATION HAS BEEN MADE AS TO THE AGGREGATE VALUE OF SUCH ITEMS. PART III, LINE 4: SEE FORM 990, PART III, ITEM 4C FOR DESCRIPTION OF ORGANIZATION'S COLLECTS AND EXPLANATION OF HOW THEY FURTHER THE ORGANIZATION'S EXEMPT PURPOSE. DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: ENDOWMENT FUNDS ARE USED TO SUPPORT OPERATIONS AND SCHOLARSHIPS. CERTAIN FUNDS MAY BE USED FOR CAPITAL PROJECTS. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE ACADEMY IS EXEMPT FROM INCOME TAX UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND, THEREFORE, HAS MADE NO PROVISION FOR FEDERAL INCOME TAXES IN THE ACCOMPANYING FINANCIAL STATEMENTS. EFFECTIVE JULY 1, 2009, THE ACADEMY ADOPTED ASC 740-10, INCOME TAXES, AS IT RELATES TO UNCERTAIN TAX POSITIONS. MANAGEMENT HAS REVIEWED ITS CURRENT AND PAST FEDERAL INCOME TAX POSITIONS AND HAS DETERMINED, BASED ON CLEAR AND UNAMBIGUOUS TAX LAW AND REGULATIONS, THAT THE TAX POSITIONS TAKEN ARE CERTAIN AND THAT THERE IS NO LIKELIHOOD THAT A MATERIAL TAX ASSESSMENT WOULD BE MADE IF A RESPECTIVE GOVERNMENT AGENCY EXAMINED TAX RETURNS SUBJECT TO AUDIT. ACCORDINGLY, NO PROVISION FOR THE EFFECTS OF UNCERTAIN TAX POSITIONS HAS BEEN RECORDED. CURRENTLY, THE 2007, 2008 AND 2009 TAX YEARS ARE OPEN AND SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE. HOWEVER, THE ACADEMY IS NOT CURRENTLY UNDER AUDIT NOR HAS THE ACADEMY BEEN CONTACTED BY THIS JURISDICTION. THERE WAS NO INTEREST OR PENALTY RELATED TO INCOME TAXES INCLUDED IN THE ACADEMY'S FINANCIAL STATEMENTS FOR 2011 AND 2010. PART XI, LINE 8 - OTHER ADJUSTMENTS: ACCUMULATED PENSION ADJUSTMENT 1,595,971. CHANGE IN VALUE OF PLANNED GIVING AGREEMENTS 329,575. DEPRECIATION OF DERIVATIVE INSTRUMENT 737,631. ADJUSTMENT FOR BENEFIT OBLIGATION -461,152. PART XII, LINE 2D - OTHER ADJUSTMENTS: ADJUSTMENT FOR MINIMUM PENSION LIABILITY 1,595,971. ADJUSTMENT FOR BENEFIT OBLIGATION -461,152. DEPRECIATION OF DERIVATIVE INSTRUMENT 737,631. CHANGE IN VALUE OF PLANNED GIVING AGREEMENTS 329,575. PART XII, LINE 4B - OTHER ADJUSTMENTS: GRANTS AND ALLOCATION 4,144,290. PART XIII, LINE 4B - OTHER ADJUSTMENTS: GRANTS AND ALLOCATIONS 4,144,290. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATION SCHEDULE E, PART I, LINE 3 POLICY IS PUBLISHED ON THE WEBSITE, IN AN INTERNATIONAL MAGAZINE AND IN A LOCAL MAGAZINE. EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCE SCHEDULE E, PART I, LINE 6 ACG GRANT $ 13,150 PELL 189,274 FSEOG 5,364 STAFFORD FFEL 473,035 F PLUS LOANS 49,545 TOTAL GOVERNMENT AID $730,368 AUCTION 25982 25982 5011 GOLF TOURNAMENT 56395 9050 47345 34312 6 23755 1200 22555 42650 106132 10250 95882 81973 81973 13909 1 BRYN ATHYN COLLEGE AND THEOLOGICAL SCHOOL SCHOLARSHIPS AND FINANCIAL AID 233 2560480 ACADEMY OF THE NEW CHURCH SCHOLARSHIPS 214 1583809 RESEARCH GRANTS 13 168079 INSTITUTIONAL GRANTS 3 94268 OTHER INFORMATION: PART IV: SCHOLARSHIPS AND FINANCIAL AID ARE BASED ON APPLICATION PROCESS, EXPECTED FAMILY CONTRIBUTIONS AND COST OF TUITION. X X X 1 1 X X X X 0 0 0 0 0 0 0 0 0 RT REV THOMAS KLINE 0 0 0 0 0 0 0 0 0 53966 0 53966 0 0 DANIEL T ALLEN 166665 0 0 0 0 0 0 0 32419 0 199084 0 0 0 T DUDLEY DAVIS 208851 0 0 0 0 0 46067 0 0 0 254918 0 0 0 KRISTIN KING 122037 0 0 0 0 0 0 0 29796 0 151833 0 0 0 CHRISTOPHER CARTER 171906 0 0 0 0 0 0 0 55095 0 227001 0 0 0 STEFANIE NILES 186217 0 0 0 0 0 0 0 35107 0 221324 0 0 0 BRUCE HENDERSON 105425 0 0 0 0 0 45624 0 0 0 151049 0 0 0 ANDREW SULLIVAN 131303 0 0 0 0 0 33005 0 0 0 164308 0 0 0 WAYNE PARKER 144692 0 0 0 0 0 26965 0 0 0 171657 0 0 0 PART I, LINE 1A OCCASIONALLY, IT MAY BE APPROPRIATE FOR AN OFFICER TO BE REIMBURSED FOR TRAVEL EXPENSES OF A SPOUSE, TRAVELING WITH HIM/HER TO ADVANCE CHURCH OR SCHOOL BUSINESS. REASONS FOR THE SPOUSAL TRAVEL AND ITS CONNECTION TO THE CHURCH OR SCHOOL BUSINESS SHOULD BE CONTEMPORANEOUSLY DOCUMENTED AND SUBMITTED ALONG WITH THE REQUEST FOR REIMBURSEMENT OF THE EXPENSE OR THE SUBSTANTIATION OF THE EXPENSE CHARGED TO A CHURCH OR SCHOOL CREDIT CARD. REV ERIC H CARSWELL VARIOUS X 7805 0 0 1 TINA BARTELS VARIOUS X 8500 0 0 1 REV ANDREW DIBB VARIOUS X 9305 0 0 1 X 0 0 0 X 0 0 0 JEREMY IRWIN VARIOUS X 10980 0 0 1 SUSAN ODHNER VARIOUS X 1001 0 0 1 STEFANIE NILES MORTGAGE ASSISTANCE X 198000 98051 0 0 1 135642 SCOTT BRICKMAN FORMER BOARD MEMBER, EMPLOYED BY/OWNS A BENEFICIAL INTEREST IN BRICKMAN 1089123 SHAREHOLDER OF BRICKMAN GROUP - PAYMENTS MADE TO BRICKMAN GROUP 0 SUSAN MCGRATH BOARD MEMBER AND OWNERSHIP INTEREST IN BRICKMAN 1089123 SHAREHOLDER OF BRICKMAN GROUP - PAYMENTS MADE TO BRICKMAN GROUP 0 MARK ADAMS SON OF TRUSTEE, JAMES ADAMS 48944 EMPLOYED IT STAFF 0 LISA ADAMS SISTER-IN-LAW OF TRUSTEE, JAMES ADAMS 48565 EMPLOYED CAIRNWOOD STAFF 0 MARTHA GYLLENHAAL SISTER OF TRUSTEE, LEONARD GYLLENHAAL 87878 EMPLOYED COLLEGE FACULTY 0 KAYE LERMITTE SISTER OF TRUSTEE, DIRK JUNGE 26675 EMPLOYED DEVELOPMENT STAFF 0 JENNIFER ALLEN WIFE OF OFFICER/TRUSTEE, DANIEL ALLEN 35438 EMPLOYED SECONDARY SCHOOL RECRUITING STAFF 0 STEFANIE NILES DAUGHTER OF OFFICER/TRUSTEE, T. DUDLEY DAVIS 156612 EMPLOYED COLLEGE RECRUITING STAFF 0 JONATHAN ALLEN SON OF OFFICER/TRUSTEE, DANIEL ALLEN 4370 SUMMER EMPLOYMENT 0 DONNA CARSWELL WIFE OF OFFICER/TRUSTEE, CARSWELL 1341 EMPLOYED BOOKSTORE STAFF 0 GRANT ODHNER FATHER OF TRUSTEE ODHNER 79109 EMPLOYED BRYN ATHYN COLLEGE 0 KIM ADAMS SISTER-IN-LAW OF TRUSTEE, JAMES ADAMS 2331 EMPLOYED DINING HALL STAFF 0 ANDREW HIMES SON-IN-LAW OF TRUSTEE, DAN ALLEN 18150 PORTION OF REAL ESTATE COMMISSION RELATED TO SALE OF PERKIOMENVILLE PROPERTY. 0 X 11 285873 FAIR MARKET VALUE 0 0 0 FORM 990, PART VI, SECTION A, LINE 2 TRACY MCCARDELL IS THE DAUGHTER OF BILL MCCARDELL. BOB BRADIN WORKS AT INNATECH, IN WHICH BILL MCCARDELL IS AN OWNER. BILL MCCARDELL AND ALAN ELDER HAVE OWNERSHIP INTERESTS IN BUSINESSES TOGETHER. DIRK JUNGE AND CLARK PITCAIRN ARE EMPLOYEES AT PITCAIRN TRUST COMPANY. CARL ASPLUNDH IS A DIRECTOR OF ASPLUNDH COMPANY AND GREGG ASPLUNDH IS AN EMPLOYEE THERE AS WELL. FORM 990, PART VI, SECTION A, LINE 6 THE ACADEMY OF THE NEW CHURCH IS A CORPORATION THAT ELECTS MEMBERS TO THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION A, LINE 7A THE MEMBERS OF THE BOARD OF TRUSTEES ELECT OFFICERS TO THE BOARD'S GOVERNING BODY. FORM 990, PART VI, SECTION A, LINE 7B CERTAIN DECISIONS DESIGNATED IN THE BY-LAWS ARE APPROVED BY THE MEMBERS. FORM 990, PART VI, SECTION B, LINE 11 THE ACADEMY MAKES A COPY OF THE 990 AVAILABLE TO THE ELECTED BOARD MEMBERS FOR THEIR REVIEW PRIOR TO FILING WITH TAX AUTHORITIES. FORM 990, PART VI, SECTION B, LINE 12C ALL BOARD OF TRUSTEE MEMBERS, CORPORATION MEMBERS AND OFFICERS ARE REQUIRED TO ANNUALLY DISCLOSE INSTANCES OF POTENTIAL CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 THE ACADEMY TRUSTEES APPOINT AN EXECUTIVE COMPENSATION COMMITTEE ANNUALLY. THAT COMMITTEE ANNUALLY REVIEWS AND SETS THE TOTAL COMPENSATION OF THE PRESIDENT, EXECUTIVE VICE PRESIDENT, TREASURER AND HEADS OF SCHOOLS. THIS COMPENSATION REVIEW IS DONE WITH THE BENEFIT OF COMPARABLE COMPENSATION DATA FROM SOURCES SUCH AS CUPA, CHRONICLE OF EDUCATION AND ASSOCIATION OF DELAWARE VALLEY INDEPENDENT SCHOOLS (ADVIS). IN 2009, THIS DATA WAS ALSO SUPPLEMENTED BY A COMPENSATION STUDY PERFORMED BY A NATIONAL COMPENSATION CONSULTANT. BUDGET TARGETS FOR ANNUAL COMPENSATION ADJUSTMENTS FOR OTHER EMPLOYEES ARE ESTABLISHED AND COMMUNICATED. EMPLOYEE COMPENSATION IS SET BY DIRECT SUPERVISORS OR BY MEANS OF SALARY SCALES. COMPARABLE COMPENSATION DATA FROM THE PREVIOUSLY MENTIONED SOURCES ARE USED IN THIS PROCESS. TRUSTEES ARE NOT COMPENSATED FOR THEIR BOARD SERVICE; DOCUMENTED TRAVEL EXPENSES ARE REIMBURSED IN ACCORDANCE WITH BOARD POLICY. TRUSTEES OR THEIR COMPANIES THAT PERFORM SERVICES FOR THE ACADEMY CHARGE THE ACADEMY AT RATES AND TERMS SIMILAR TO THEIR OTHER CUSTOMERS. FORM 990, PART VI, SECTION C, LINE 19 THE ACADEMY MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST AT THE SCHOOL OFFICES. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 39,160,578. ACCUMULATED PENSION ADJUSTMENT 1,595,971. CHANGE IN VALUE OF PLANNED GIVING AGREEMENTS 329,575. DEPRECIATION OF DERIVATIVE INSTRUMENT 737,631. ADJUSTMENT FOR BENEFIT OBLIGATION -461,152. TOTAL TO FORM 990, PART XI, LINE 5: 41,362,603. FORM 990, PART XII, LINE 2C THE PROCESS FOR THE OVERSIGHT OF THE AUDIT AND SELECTION OF AN INDEPENDENT ACCOUNTANT HAS NOT CHANGED FROM THE PRIOR YEAR. GENERAL CHURCH OF THE NEW JERUSALEM 1120 CATHEDRAL ROAD BRYN ATHYN PA 19009 231445615 SHARED EMPLOYEES AND SERVICES, SPLIT CONTRIBUTIONS PA 501(C)(3) 170(B)(1)(A)(I) N/A 0 NEW CHURCH INVESTMENT FUND PO BOX 711 PITCAIRN HALL BRYN ATHYN PA 19009 236438575 INVESTMENT MANAGER PA N/A INVESTMENT 8584276 175996422 0 1 1 0 0 0 0 0 0 0 1 1 1 0 0 0 1 1 1 1 NEW CHURCH INVESTMENT FUND A 2403711 NEW CHURCH INVESTMENT FUND K 0 NEW CHURCH INVESTMENT FUND Q 7517762 NEW CHURCH INVESTMENT FUND R 6556415 GENERAL CHURCH OF THE NEW JERUSALEM I 63915 FMV GENERAL CHURCH OF THE NEW JERUSALEM J 0 FMV GENERAL CHURCH OF THE NEW JERUSALEM O 4505708 FMV GENERAL CHURCH OF THE NEW JERUSALEM P 2021420 FMV PITCAIRN GROUP LP ONE PITCAIRN PLACE SUITE 3000 JENKINTOWN PA 19046 232419636 INVESTMENTS PA 0 339627 0 0