2012-07-13T11:52:48-05:00 2011-08-31 MCGLADREY LLP 80 CITY SQUARE CHARLESTOWN MA 02129 990 2010-09-01 042104784 NOBLE AND GREENOUGH SCHOOL NOBL 7813263700 10 CAMPUS DRIVE DEDHAM MA 020264099 STEPHEN M GINSBERG 7813263700 2012-07-13 1 KAREN LO 6179129000 2010 2016-02-24 21:20:13Z ROBERT P HENDERSON JR 10 CAMPUS DRIVE DEDHAM MA 020264099 55182334 0 X WWW.NOBLES.EDU X 1866 MA A SCHOOL THAT PROVIDES INSTRUCTIONAL ACTIVITY TO STUDENTS FROM GRADE 7-12. 24 23 562 25 176060 -78285 7100007 14989504 22640838 24263479 1842004 2742171 255717 278078 31838566 42273232 4032992 4507918 0 0 16977853 17615630 0 0 2430884 11113519 11329527 32124364 33453075 -285798 8820157 176515145 205267470 12823400 24583055 163691745 180684415 X NOBLE AND GREENOUGH SCHOOL IS A RIGOROUS ACADEMIC COMMUNITY DEDICATED TO INSPIRING LEADERSHIP FOR THE PUBLIC GOOD. THROUGH MENTORING RELATIONSHIPS, WE MOTIVATE STUDENTS TO ACHIEVE THEIR HIGHEST POTENTIAL AND LEAD LIVES CHARACTERIZED BY SERVICE TO OTHERS. THE NOBLE COMMUNITY: GENERATES CRITICAL, CREATIVE, SOCIALLY CONSCIOUS THINKERS; UPHOLDS A COMMITMENT TO DIVERSITY; DEVELOPS CHARACTER AND INTELLECT IN DELIBERATE CONJUNCTION; CULTIVATES PURPOSEFUL CITIZENSHIP ON LOCAL, NATIONAL AND GLOBAL LEVELS; BUILDS INDEPENDENCE AND SELF-RESPECT THROUGH CHALLENGE AND ACHIEVEMENT; ESPOUSES HUMILITY, HUMOR, COLLABORATION, HONESTY AND RESPECT FOR OTHERS AS THE FOUNDATIONS OF A VIBRANT INTELLECTUAL COMMUNITY. 0 0 23667602 4475662 21351808 NOBLES & GREENOUGH SCHOOL: INSTRUCTIONAL ACTIVITY TO STUDENTS FROM GRADE 7 TO 12 - 591 STUDENTS, 137 MEMBERS OF FACULTY. FINANCIAL AID IS GRANTED. 2852429 32256 2746283 NOBLES DAY CAMP: 8 WEEK PROGRAM FOR THE GREATER BOSTON COMMUNITY - 1,617 CAMPERS, 280 COUNSELORS. CAMPERSHIP GRANTED. 123070 148036 UPWARD BOUND PROGRAM: 6 WEEK PROGRAM PROVIDING SUPPLEMENTAL EDUCATION TO ECONOMICALLY DISADVANTAGED STUDENTS FROM NEW ENGLAND - 51 STUDENTS, 25 MEMBERS OF FACULTY & STAFF. NO COST TO PARTICIPANTS. 26643101 1 1 0 0 0 0 1 0 1 1 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 1 114 0 1 562 1 1 1 0 0 0 0 0 0 0 0 0 X 24 23 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 1 0 0 MA X STEPHEN M GINSBERG BUSINESS MGR 7813207270 10 CAMPUS DRIVE DEDHAM MA 020264099 C JEFFREY GROGAN 5.00 X X 0 0 0 ERNEST C PARIZEAU 5.00 X X 0 0 0 ELIZABETH M REILLY 5.00 X X 0 0 0 SCOTT D FREEMAN 5.00 X X 0 0 0 ROBERT E STANSKY 5.00 X X 0 0 0 HOLLY H BONOMO 5.00 X 0 0 0 THOMAS A SARGENT 5.00 X 0 0 0 TRACY BROWN 5.00 X 0 0 0 JEANNE L HILSINGER 5.00 X 0 0 0 KRISTI J GEARY 5.00 X 0 0 0 LYNNE L PALMER 5.00 X 0 0 0 JEFFREY M SCHWARTZ 5.00 X 0 0 0 MARY H DUNNE 5.00 X 0 0 0 SANDRA M EDGERLY 5.00 X 0 0 0 ROBERT T FREEMAN 5.00 X 0 0 0 GITA IYER 5.00 X 0 0 0 NICOLE STRATA 5.00 X 0 0 0 EDWARD T ANDERSON 5.00 X 0 0 0 PAUL J AYOUB 5.00 X 0 0 0 ANDREW E JANFAZA 5.00 X 0 0 0 DAVID A KIRSHNER 5.00 X 0 0 0 MICHAEL A VANCE 5.00 X 0 0 0 DAVID A AZNAVORIAN 5.00 X 0 0 0 SUSANNAH STARR GLIDDEN PETEET 5.00 X 0 0 0 CHARLES L BRYSON JR 5.00 X 0 0 0 HALEY CLIFFORD ADAMS 5.00 X 0 0 0 ROBERT P HENDERSON JR 40.00 X X 332704 0 185237 MARK DEANGELIS 5.00 X 0 0 0 LAURA HEWITT-RILEY 5.00 X 0 0 0 JOHN T GIFFORD 40.00 X 203577 0 42095 STEPHEN M GINSBERG 40.00 X 180350 0 29412 GEORGE MALEY 40.00 X 167367 0 42452 DANIEL WEIR 40.00 X 135463 0 30111 JENNIFER HINES 40.00 X 132019 0 23758 BENJAMIN SNYDER 40.00 X 128480 0 45288 WILLIAM BUSSEY 40.00 X 127469 0 60815 ERIKA GUY 40.00 X 132020 0 29735 1539449 0 488903 15 0 1 0 ARCHITERRA INC 68 LONG WHARF BOSTON MA 02110 ARCHITECTURAL SERVICES 1271508 SHAWMUT DESIGN AND CONSTRUCTION 560 HARRISON AVENUE BOSTON MA 02118 GENERAL CONTRACTOR 1268552 FLIK INTERNATIONAL CORP PO BOX 91337 CHICAGO IL 60693 FOOD SERVICES 1012663 SUBURBAN CONTRACT CLEANING PO BOX 850914 BRAINTREE MA 02185 CLEANING SERVICES 503519 FRED C CHURCH INC PO BOX 1865 LOWELL MA 01853 INSURANCE BROKER 266836 10 14989504 2015259 14989504 TUITION & FEES 611600 21236222 21236222 SUMMER CAMP 611600 2746283 2746283 UPWARD BOUND 611710 148036 148036 SALE OF TEXTBOOKS & RE 611710 100344 100344 ADMISSIONS APPLICATION 611600 32594 32594 24263479 1729918 -730 1730648 54080 58316 -4236 -4236 -4236 13854616 12842363 1012253 1012253 1012253 10710 8423 2287 2481 -194 SPORT ASSOCIATIONS 532000 92794 92794 SERVICES TO THIRD PART 722320 81515 81515 REPAYMENT OF MONIES 900099 25688 25688 80030 80030 280027 42273232 24369197 176060 2738471 4507918 4507918 1183194 301182 579296 302716 13095050 11391810 769926 933314 1258085 1096068 73344 88673 1084157 1028772 10439 44946 995144 826427 86115 82602 47802 47802 103734 103734 601972 601972 288518 227512 61006 55682 50549 5133 1659880 1502332 128979 28569 397628 169120 164963 63545 2826756 1754375 792488 279893 137162 109368 2485 25309 137122 120889 5327 10906 2550517 1742546 748766 59205 263057 178879 78917 5261 FOOD SERVICE CONTRACT 1016738 1016738 DEVELOPMENT EXPENSES 401101 401101 ATHLETICS 359193 359193 PRINTING AND PUBLICATIO 163220 89011 74209 UPWARD BOUND EXPENSE 123070 123070 196375 47342 123531 25502 33453075 26643101 4379090 2430884 9111862 8055811 4203751 17944599 7838236 8598159 670940 643946 65098 62554 174577 141796 602896 990855 87442962 22756742 62220730 64686220 34328754 35842918 57298301 68104122 0 196490 176515145 205267470 4069557 5413474 8753843 8985206 10184375 12823400 24583055 X 81755333 87351660 27360540 37074881 54575872 56257874 163691745 180684415 176515145 205267470 X 8820157 8172513 X 0 1 1 X 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 15773 616983 X X EXHIBITION FOR COM. MEETINGS 0 84711720 2430764 11989106 4024044 531003 94576543 80644311 2650154 5627818 4210563 84711720 90499081 267032 -6101802 4020000 80644311 0.15780 0.55000 0.29220 0 0 78159620 20106362 58053258 4326978 2650380 1676598 4956364 4956364 64686220 ASSETS UNDER SPLIT INTEREST AGREEMENTS 3787370 F ALTERNATIVE INVESTMENTS 58937016 F CASH AND CASH EQUIVALENTS 379736 F CERTIFICATE OF DEPOSIT 5000000 F 68104122 42273232 33453075 8820157 9269779 -1097266 8172513 16992670 51799615 9269779 312935 9582714 42216901 56331 56331 42273232 34806945 1476940 1476940 33330005 123070 123070 33453075 PART III, LINE 4: THE SCHOOL CAPITALIZES WORKS OF ART OR HISTORICAL TREASURES THAT ARE HELD FOR EXHIBITION, EDUCATION, RESEARCH AND/OR PUBLIC SERVICE. ACCORDINGLY, SUCH COLLECTIONS ARE RECOGNIZED AS CONTRIBUTIONS AND CAPITALIZED FOR FINANCIAL STATEMENT PURPOSES. THE FAIR VALUE IS DETERMINED BY APPRAISAL. THE SCHOOL RECEIVED 41 BOOKS AND PAMPHLETS WITH A FAIR MARKET VALUE OF $15,773 WHICH CONSIST OF THE FOLLOWING: * FRANK M. HILL ILLUMINATED MANUSCRIPT ON VELLUM, 15TH CENTURY LERAF FROM THE OFFICIUM BAETAT MARIAE VIRGINIS * PENNYROYAL PRESS. THROUGH THE LOOKING GLASS BY LEWIS CARROLL. ONE OF 350 COPIES * THE FINE ART LETTERS, PAGES FROM THE PUBLICATIONS OF HERMANN ZAPF. ONE OF 20 SPECIAL COPIES DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: THE EARNINGS ON THE ENDOWMENT FUNDS ARE TO BE USED TO FUND FINANCIAL AID FOR STUDENTS, FACULTY SALARIES, FINANCIAL AID FOR TRIPS AND FACULTY AND STAFF DEVELOPMENT AS WELL AS TO MANTAIN AND ENHANCE PROGRAMS AT THE SCHOOL. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE SCHOOL IS QUALIFIED UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES EXCEPT FOR NET REVENUE FROM UNRELATED BUSINESS ACTIVITIES. THE SCHOOL FOLLOWS FASB ASC 740, "INCOME TAXES," WHICH CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES BY PRESCRIBING THE RECOGNITION THRESHOLD A TAX POSITION IS REQUIRED TO MEET BEFORE BEING RECOGNIZED IN THE FINANCIAL STATEMENTS. IT ALSO PROVIDES GUIDANCE ON DERECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, ACCOUNTING IN INTERIM PERIODS, DISCLOSURE AND TRANSITION. MANAGEMENT BELIEVES THE SCHOOL HAS NO MATERIAL UNCERTAINTIES IN INCOME TAXES. THE SCHOOL IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY THE U.S. FEDERAL, STATE, OR LOCAL TAX AUTHORITIES FOR YEARS BEFORE 2008. THE SCHOOL WILL ACCOUNT FOR INTEREST AND PENALTIES RELATED TO UNCERTAIN TAX POSITIONS, IF ANY, AS PART OF TAX EXPENSE. PART XI, LINE 8 - OTHER ADJUSTMENTS: CHANGE IN VALUE OF LIFE INCOME FUNDS 312,935. DISTRIBUTION TO DONORS -159,805. PROVISION FOR UNCOLLECTIBLE ACCOUNTS -1,250,396. PART XII, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF LIFE INCOME FUNDS 312,935. PART XII, LINE 4B - OTHER ADJUSTMENTS: RENTAL EXPENSES, REPORTED ON FORM 990, PART VIII, LINE 6B -58,316. COST OF GOODS SOLD REPORTED ON FORM 990, PART VIII, LINE 10B -8,423. GROSS UPWARD BOUND REVENUE NETTED WITH EXPENSES ON AUDITED FS 123,070. PART XIII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES, REPORTED ON FORM 990, PART VIII, LINE 6B 58,316. COST OF GOODS SOLD REPORTED ON FORM 990, PART VIII, LINE 10B 8,423. DISTRIBUTION TO DONORS 159,805. PROVISION FOR UNCOLLECTIBLE ACCOUNTS 1,250,396. PART XIII, LINE 4B - OTHER ADJUSTMENTS: UPWARD BOUND EXPENSE NETTED WITH REVENUE ON AUDITED FS 123,070. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATION SCHEDULE E, PART I, LINE 3 IT IS THE POLICY OF NOBLE & GREENOUGH SCHOOL TO ADMIT STUDENTS OF ANY RACE, COLOR, AND NATIONAL OR ETHNIC ORIGIN TO ALL THE RIGHTS, PRIVILEGES, PROGRAMS AND ACTIVITIES GENERALLY ACCORDED OR MADE AVAILABLE TO THE STUDENTS AT THE SCHOOL, AND IT IS THE POLICY OF THE SCHOOL NOT TO DISCRIMINATE ON THE BASIS OF RACE IN ADMINISTRATION OF ITS EDUCATION POLICIES, ADMISSION POLICIES, SCHOLARSHIP AND LOAN PROGRAMS, AND ATHLETIC AND OTHER SCHOOL ADMINISTERED PROGRAM. THE CATALOG OF THE SCHOOL MAKES SUBSTANTIALLY THE SAME STATEMENT. THE SCHOOL ANNUALLY PUBLISHED THE SAME STATEMENT IN A MAJOR BOSTON NEWSPAPER AS A LISTED MEMBER OF THE ASSOCIATION OF INDEPENDENT SCHOOLS OF NEW ENGLAND (AISNE). 1 SCHOLARSHIP 117 3455031 TUITION REMISSION 32 1020631 CAMPERSHIP 30 32256 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: NOBLE AND GREENOUGH SCHOOL USES THE PRINCIPLES AND NEEDS ANALYSIS SYSTEM OF THE SCHOOL AND STUDENT SERVICE FOR FINANCIAL AID (SSS) TO DETERMINE THE FINANCIAL ASSISTANCE AWARDS. SSS IS A SERVICE OF THE NATIONAL ASSOCIATION OF INDEPENDENT SCHOOLS. EACH FAMILY SUBMITS A PARENTS' FINANCIAL STATEMENT (PFS) FOR PROCESSING TO SSS. BASED ON THE FINANCIAL INFORMATION PROVIDED BY THE FAMILY, SSS SENDS NOBLE AND GREENOUGH SCHOOL AN ESTIMATED AMOUNT THAT THE FAMILY CAN CONTRIBUTE TO EDUCATIONAL EXPENSES. USING ESTIMATIONS FROM SSS AND INFORMATION IN TAX DOCUMENTS, THE FINANCIAL ASSISTANCE COMMITTEE DETERMINES THE AMOUNT OF ASSISTANCE OFFERED BY NOBLE AND GREENOUGH SCHOOL. X 0 1 X X X X 0 0 0 0 0 0 0 0 0 ROBERT P HENDERSON JR 320462 0 0 0 12242 0 81400 0 103837 0 517941 0 0 0 JOHN T GIFFORD 202086 0 0 0 1491 0 23071 0 19024 0 245672 0 0 0 STEPHEN M GINSBERG 171286 0 0 0 9064 0 19067 0 10345 0 209762 0 0 0 GEORGE MALEY 161065 0 0 0 6302 0 19067 0 23385 0 209819 0 0 0 DANIEL WEIR 132719 0 0 0 2744 0 15034 0 15077 0 165574 0 0 0 JENNIFER HINES 131043 0 0 0 976 0 14594 0 9164 0 155777 0 0 0 BENJAMIN SNYDER 127062 0 0 0 1418 0 14344 0 30944 0 173768 0 0 0 WILLIAM BUSSEY 126888 0 0 0 581 0 14234 0 46581 0 188284 0 0 0 ERIKA GUY 130108 0 0 0 1912 0 14344 0 15391 0 161755 0 0 0 PART I, LINE 1B AVAILABILITY OF HOUSING IS AT THE DISCRETION OF THE HEAD OF SCHOOL. THE SCHOOL MAY BE IMPLEMENTING A WRITTEN POLICY FOR YEAR ENDING AUGUST 31, 2012. MASSACHUSETTS DEVELOPMENT FINANCE AGENCY 043431814 57583UDY7 2011-06-09 10206399 RENOVATION AND CONSTRUCTION OF SCHOOL FACILITIES 0 0 0 10206399 203928 10002471 2012 0 0 0 1 0 0 0 0 0 0.00000 0.00000 0.00000 1 0 0 0 0 0 X 15773 FAIR MARKET VALUE X 59 1999486 FAIR MARKET VALUE 0 1 0 METHOD FOR DETERMINING NUMBER OF CONTRIBUTORS: PART I, COLUMN (B): THE NUMBER OF CONTRIBUTIONS REPORTED IS BASED ON THE NUMBER OF CONTRIBUTION/GIFT ITEMS RECEIVED. FORM 990, PART VI, SECTION B, LINE 11 THE BOARD OF TRUSTEES IS NOTIFIED VIA EMAIL THAT A PUBLIC DISCLOSURE COPY OF THE FORM 990 IS ACCESSIBLE ON THE NOBLES TRUSTEE WEBSITE. TRUSTEES ARE EXPECTED TO REVIEW THE FORM 990 BEFORE IT IS FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE SCHOOL'S CONFLICT OF INTEREST POLICY IS MAILED TO ALL OFFICERS, DIRECTORS AND TRUSTEES, AND REVIEWED ORALLY AT THE FIRST BOARD MEETING OF EACH SCHOOL YEAR. ALL OFFICERS, DIRECTORS, AND TRUSTEES ARE REQUIRED TO SIGN A DOCUMENT INDICATING THEY HAVE READ AND UNDERSTAND THE SCHOOL'S CONFLICT OF INTEREST POLICY. THEY ARE ALSO REQUIRED TO DISCLOSE ANY POTENTIAL CONFLICTS OF INTEREST EITHER BEFORE OR DURING THE FIRST BOARD MEETING OF EACH SCHOOL YEAR. THE COMMITTEE CONSISTING OF TRUSTEES REVIEWS ALL DISCLOSURES. OFFICERS, DIRECTORS, AND TRUSTEES ARE REMINDED THAT THEY HAVE AN OBLIGATION TO UPDATE THEIR DISCLOSURES IF ANY POTENTIAL CONFLICTS OF INTEREST ARISE DURING THE YEAR. TYPICALLY, THEY SELF-REPORT ANY POTENTIAL CONFLICTS THAT ARISE BUT IF ANOTHER BOARD MEMBER BECOMES AWARE OF POTENTIAL CONLFICT, HE OR SHE IS ASKED TO RAISE IT WITH THE OFFICER, DIRECTOR, OR TRUSTEE AND A MEMBER OF THE COMMITTEE ON TRUSTEES. FORM 990, PART VI, SECTION B, LINE 15A THERE IS A COMPENSATION COMMITTEE AS WELL AS AN INDEPENDENT CONSULTANT WHO CAREFULLY REVIEW SURVEYS AND OTHER COMPARATIVE INFORMATION IN DETERMINING COMPENSATION FOR THE HEAD OF SCHOOL. THE COMPENSATION COMMITTEE IS APPOINTED BY THE BOARD OF TRUSTEES. THERE ARE WRITTEN EMPLOYMENT CONTRACTS FOR ALL FACULTY AND ADMINISTRATIVE POSITIONS AT THE SCHOOL. THESE ARE REVIEWED, UPDATED, DISTRIBUTED AND SIGNED ANNUALLY. FORM 990, PART VI, SECTION C, LINE 19 THE SCHOOL MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE GENERAL PUBLIC UPON REQUEST. IF AN INTERESTED PARTY ASKS FOR THESE DOCUMENTS, THE BUSINESS MANAGER WILL MAKE A DECISION ABOUT DISTRIBUTION. WE HAVE RECENTLY MADE FINANCIAL STATEMENTS AVAILABLE TO INSURANCE COMPANIES AND BANKS UPON REQUEST. THE SCHOOL'S FORM 990 IS MADE AVAILABLE VIA GUIDESTAR AND THE MASSACHUSETTS ATTORNEY GENERAL'S WEBSITE. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 9,269,779. CHANGE IN VALUE OF LIFE INCOME FUNDS 312,935. DISTRIBUTION TO DONORS -159,805. PROVISION FOR UNCOLLECTIBLE ACCOUNTS -1,250,396. TOTAL TO FORM 990, PART XI, LINE 5: 8,172,513. FORM 990, PART I, LINE 6: THIS IS AN ESTIMATE OF THE CORE GROUP OF PARENTS WHO VOLUNTEER IN THE LIBRARY AND ALSO PARTICIPATE REGULARLY IN THE PARENT ASSOCIATION. MANY MORE OF OUR PARENTS VOLUNTEER ON AN IRREGULAR BASIS, LIKE ONCE A YEAR FOR A COUPLE HOURS AT OUR YARD SALE.