2012-11-15T15:18:14-06:00 2011-12-31 232628828 SHECHTMAN MARKS DEVOR PC 2000 MARKET STREET SUITE 500 PHILADELPHIA PA 19103 990 2011-01-01 232987485 GIRARD COLLEGE DEVELOPMENT FUND GIRA 2157874442 2101 SOUTH COLLEGE AVENUE PHILADELPHIA PA 19121 DENNIS KELLEHER 2157874442 2012-11-15 1 MICHAEL SUTTER CPA P01400284 2154969200 2011 2016-02-24 21:20:13Z DENNIS KELLEHER 2101 SOUTH COLLEGE AVENUE PHILADELPHIA PA 19121 1341725 0 X WWW.GIRARDCOLLEGE.COM X 1998 PA TO PROMOTE AND ENHANCE THE EDUCATIONAL FACILITIES AND SERVICES PROVIDED TO THE STUDENTS OF GIRARD COLLEGE (AN ELEMENTARY AND SECONDARY SCHOOL) AND OTHER PHILADELPHIA AREA SCHOOLS BY RAISING FUNDS FROM THE ALUMNI AND FRIENDS FOR THESE INSTITUTIONS. 8 7 0 0 0 0 651704 1186884 0 0 27455 37591 -54820 -13629 624339 1210846 522632 775507 0 0 0 0 5850 0 69179 41538 94341 570020 869848 54319 340998 2393388 2644595 136307 95132 2257081 2549463 X TO PROMOTE AND ENHANCE THE EDUCATIONAL FACILITIES AND SERVICES PROVIDED TO THE STUDENTS OF GIRARD COLLEGE (AN ELEMENTARY AND SECONDARY SCHOOL) AND OTHER PHILADELPHIA AREA SCHOOLS BY RAISING FUNDS FROM THE ALUMNI AND FRIENDS FOR THESE INSTITUTIONS. 0 0 20500 20500 MONTICELLO TRIP: THIS TRIP WAS FUNDED BY MR. & MRS. BOB AND KITTY DEMENTO, JR. TO SUPPORT A STUDENT TRIP TO THOMAS JEFFERSON'S MONTICELLO PLANTATION, WHICH IS SITUATED ON A MOUNTAINTOP OUTSIDE CHARLOTTESVILLE, VIRGINIA. MONTICELLO, A 5,000 ACRE PLANTATION, WAS THE HOME OF THOMAS JEFFERSON, AUTHOR OF THE DECLARATION OF INDEPENDENCE, THE THIRD PRESIDENT OF THE UNITED STATES, AND FOUNDER OF THE UNIVERSITY OF VIRGINIA. MONTICELLO IS THE ONLY HISTORIC HOUSE IN THE U.S. ON THE UNITED NATIONS' WORLD HERITAGE LIST. THIS TRIP WAS PART OF THE STUDENTS' SOCIAL STUDIES CLASS EXPERIENCE. APPROXIMATELY 25 STUDENTS PARTICIPATED IN THIS TRIP. 20000 20000 STUDENT DIVERSITY INITIATIVE:THIS FUND, DONATED BY JIM O'NEILL, SEEKS TO PROVIDE NECESSARY FUNDING TO HELP SUBSIDIZE THE COST OF STUDENT RECRUITMENT AND ADMISSIONS AS WELL AS MAINTAIN THE SCHOOL'S STAFFING REQUIREMENTS AND ENABLE GIRARD COLLEGE TO PROMOTE ETHNIC DIVERSITY. IN JUNE 2010, JIM O'NEILL RELEASED $250,000 OF THIS FUND FOR ADMISSIONS AND OUTREACH PURPOSES. $30,000 OF THE RELEASED FUNDS WERE ALLOCATED TO THE CREATION OF A DOCUMENTARY FILM ON THE LIFE OF STEPHEN GIRARD, OF WHICH $10,000 WAS USED IN THE 2010 FISCAL YEAR, AND $20,000 WAS USED IN THE 2011 FISCAL YEAR. 10000 10000 ATHLETIC PROGRAM:THE PROGRAM AIMS TO RAISE FUNDS TO SUBSIDIZE VARIOUS SPORTS ACTIVITIES EXPENSES INCURRED DURING THE SCHOOL YEAR. APPROXIMATELY 175 ATHLETE STUDENTS FROM THE UPPER SCHOOL BENEFITED FROM THIS PROGRAM IN 2011. 725007 725007 VARIOUS PROGRAMS THAT PROMOTE AND ENHANCE BOTH THE EDUCATIONAL FACILITIES AND SERVICES PROVIDED TO STUDENTS AT GIRARD COLLEGE. APPROXIMATELY 460 STUDENTS BENEFITED FROM OTHER PROGRAMS IN 2011. 725007 725007 775507 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 X 8 7 0 0 0 0 0 0 0 1 1 0 0 1 0 0 0 0 0 0 PA AL AZ FL GA ME MD MA MI MN MS NH NJ NY NC OH SC VA WA WI X GIRARD ESTATE 2672737972 21 S 12TH STREET PHILADELPHIA PA 19107 AUTUMN GRAVES 0.50 X X 0 259236 1872 HAROLD JACOBS 0.50 X X 0 0 0 DENNIS KELLEHER 0.50 X X 0 0 0 CAROL TINARI 0.50 X 0 0 0 JAMES O'NEILL 0.50 X 0 0 0 DERIK WASHINGTON 0.50 X 0 0 0 JAMES J BROUSSARD 0.50 X 0 0 0 SAMUEL WEINER 0.50 X 0 0 0 0 259236 1872 0 0 1 0 0 162699 1024185 5379 1186884 37591 37591 117250 162699 130879 -13629 -13629 1210846 0 0 23962 775507 775507 20000 20000 BAD DEBT EXPENSE 65000 65000 MISCELLANEOUS 7005 5162 1843 STATE FILING FEES 2336 2336 869848 775507 25162 69179 383341 445942 474378 658691 1525759 1527673 9910 12289 2393388 2644595 34476 31793 85831 47339 16000 16000 136307 95132 X 188841 244415 1809812 2067960 258428 237088 2257081 2549463 2393388 2644595 X 340998 -48616 X 0 1 1 X 0 X 1144227 275440 408500 514379 1186884 3529430 1144227 275440 408500 514379 1186884 3529430 206739 3322691 76858 40532 22183 27455 37591 204619 3734049 408397 0.88980 0.83930 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1210846 869848 340998 -22870 -25746 -48616 292382 1654495 -22870 400640 -65000 312770 1341725 -130879 -130879 1210846 1336367 400640 130879 531519 804848 65000 65000 869848 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: MANAGEMENT OF THE ORGANIZATION CONSIDERS THE LIKELIHOOD OF CHANGES BY TAXING AUTHORITIES IN ITS FILED INCOME TAX RETURNS AND RECOGNIZES A LIABILITY FOR OR DISCLOSES POTENTIAL SIGNIFICANT CHANGES THAT MANAGEMENT BELIEVES ARE MORE LIKELY THAN NOT TO OCCUR, INCLUDING CHANGES TO THE ORGANIZATION'S STATUS AS A NOT-FOR-PROFIT ENTITY. MANAGEMENT BELIEVES THE ORGANIZATION MET THE REQUIREMENTS TO MAINTAIN ITS TAX-EXEMPT STATUS AND HAS NO INCOME SUBJECT TO UNRELATED BUSINESS INCOME TAX, THEREFORE NO PROVISION FOR INCOME TAXES HAS BEEN PROVIDED IN THESE FINANCIAL STATEMENTS. THE ORGANIZATION'S INCOME TAX RETURNS FOR THE PAST THREE YEARS ARE SUBJECT TO EXAMINATION BY TAX AUTHORITIES, AND MAY CHANGE UPON EXAMINATION. PART XI, LINE 8 - OTHER ADJUSTMENTS: CHANGE IN VALUE OF SPLIT INTEREST AGREEMENT -25,746. PART XII, LINE 2D - OTHER ADJUSTMENTS: BAD DEBT EXPENSE INCLUDED IN REVENUE -65,000. PART XII, LINE 4B - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES INCLUDED IN REVENUE -130,879. PART XIII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES INCLUDED IN REVENUE 130,879. PART XIII, LINE 4B - OTHER ADJUSTMENTS: BAD DEBT EXPENSE INCLUDED IN REVENUE 65,000. GALA 247383 130133 117250 7750 21614 48892 3750 16307 WALK-A-THON 32566 32566 32566 279949 162699 117250 7750 21614 48892 3750 48873 130879 -13629 0 GIRARD COLLEGE 2101 S COLLEGE AVENUE PHILADELPHIA PA 19121 232712327 501(C)(3) 775507 FOR TUITION ASSISTANCE FOR STUDENTS ATTENDING GIRARD COLLEGE AND TO HELP SUBSIDIZE THE COST OF STUDENT TRIPS ABROAD. PER OUR MISSION, WE ARE RAISING FUNDS SPECIFICALLY FOR GIRARD COLLEGE. THE ORGANIZATIONS ARE RELATED PARTIES AS DISCLOSED IN SCHEDULE R. 0 0 0 0 0 0 0 0 0 AUTUMN GRAVES 0 250000 0 0 0 9236 0 0 0 1872 0 261108 0 0 FORM 990, PART VI, SECTION B, LINE 11 THE RETURN PREPARER PROVIDES A COPY OF THE FINAL VERSION OF FORM 990 TO GIRARD ESTATE WHO FORWARDS A COPY TO THE ENTIRE BOARD OF DIRECTORS BEFORE FILING THE 990. ALL QUESTIONS ARE ADDRESSED AND RESOLVED PRIOR TO FILING THE RETURN. GIRARD ESTATE ALSO REVIEWS THE FINAL VERSION OF FORM 990 TO ENSURE IT INCLUDES AND REPRESENTS ALL INFORMATION REQUIRED BY THE IRS AND PROPER AMOUNTS ARE INCLUDED. FORM 990, PART VI, SECTION C, LINE 19 THE GIRARD COLLEGE DEVELOPMENT FUND MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED LOSSES ON INVESTMENTS: -22,870. CHANGE IN VALUE OF SPLIT INTEREST AGREEMENT -25,746. TOTAL TO FORM 990, PART XI, LINE 5: -48,616. GIRARD COLLEGE 2101 S COLLEGE AVENUE PHILADELPHIA PA 19121 232712327 EDUCATION PA 501(C)(3) LINE 7 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 GIRARD COLLEGE B 775507 FAIR MARKET VALUE GIRARD COLLEGE O 123012 FAIR MARKET VALUE