2011-10-07T14:46:42-05:00 2010-12-31 SHECHTMAN MARKS DEVOR PC 2000 MARKET STREET SUITE 500 PHILADELPHIA PA 19103 990 2010-01-01 232987485 GIRARD COLLEGE DEVELOPMENT FUND GIRA 2157874442 2101 SOUTH COLLEGE AVENUE PHILADELPHIA PA 19121 AUTUMN GRAVES 2157874442 2011-08-26 1 MICHAEL SUTTER CPA 2154969200 2010 2016-03-07 17:11:31Z AUTUMN GRAVES 2101 SOUTH COLLEGE AVENUE PHILADELPHIA PA 19121 680617 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 8 0 0 0 0 408500 651704 0 0 -30662 27455 -15302 -54820 362536 624339 231289 522632 0 0 0 0 0 5850 16169 33060 41538 264349 570020 98187 54319 2108246 2393388 114974 136307 1993272 2257081 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 163824 163824 PA EDUCATIONAL IMPROVEMENT TAX CREDIT (EITC):CONTRIBUTIONS RECEIVED FROM COMPANIES THAT PAY APPLICABLE PA STATE TAXES ARE USED TO PROVIDE TUITION ASSISTANCE FOR STUDENTS ATTENDING GIRARD COLLEGE. AS A RESULT, THE COMMONWEALTH OF PA PROVIDES THESE COMPANIES WITH A 75% TAX CREDIT FOR THESE DONATIONS WHICH INCREASES TO 90% IF THE COMPANY COMMITS TO MAKING THE SAME DONATIONS FOR TWO CONSECUTIVE YEARS. APPROXIMATELY 9 STUDENTS BENEFITED FROM THIS PROGRAM IN 2010. 10000 10000 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 MAINTAINING THE SCHOOL'S STAFFING REQUIREMENTS. IN JUNE 2010, JIM O'NEILL RELEASED $250,000 OF THIS FUND FOR ADMISSIONS AND OUTREACH PURPOSES. $25,000 OF THE RELEASED FUNDS WAS ALLOCATED TO CREATION OF A DOCUMENTARY FILM ON THE LIFE OF STEPHEN GIRARD. 7000 7000 ATHLETIC PROGRAM:THE PROGRAM AIMS TO RAISE FUNDS TO SUBSIDIZE VARIOUS SPORTS ACTIVITIES EXPENSES INCURRED DURING THE SCHOOL YEAR. APPROXIMATELY 189 ATHLETE STUDENTS FROM UPPER SCHOOL BENEFITED FROM THIS PROGRAM IN 2010. 341808 341808 VARIOUS PROGRAMS THAT PROMOTE AND ENHANCE BOTH THE EDUCATIONAL FACILITIES AND SERVICES PROVIDED TO STUDENTS AT GIRARD COLLEGE. APPROXIMATELY 570 STUDENTS BENEFITED FROM OTHER PROGRAMS IN 2010. 341808 341808 522632 1 1 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 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 8 8 0 0 0 0 0 0 0 1 1 0 0 1 0 0 0 0 0 0 PA AR AZ ME MD MA MI MN MS NH NJ NY NC OH SC TN VA WA WI DC FL GA HI IL KS KY LA NM ND RI UT WV OK X GIRARD ESTATE 2672737972 21 S 12TH STREET PHILADELPHIA PA 19107 X HAROLD JACOBS 0.50 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 FRANCIS MANLEY 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 JAMES MCKENDRINK 0.50 X 0 0 0 AUTUMN GRAVES 0.50 X 0 0 0 0 0 0 0 0 0 0 0 137325 514379 9096 651704 27455 27455 1458 137325 56278 -54820 -54820 624339 0 0 -27365 522632 522632 20000 20000 5850 5850 3158 933 2225 PA EDUCATIONAL TAX CRED 10286 10286 FUNDRAISING EXPENSES - 5470 5470 STATE FILING FEES 2624 2624 570020 522632 31219 16169 328465 383341 460766 474378 1319015 1525759 0 9910 2108246 2393388 33291 34476 81683 85831 16000 114974 136307 X 141204 188841 1625918 1809812 226150 258428 1993272 2257081 2108246 2393388 X 54319 209490 X 0 1 1 X 0 X 495801 1144227 275440 408500 514379 2838347 495801 1144227 275440 408500 514379 2838347 275341 2563006 48422 76858 40532 22183 27455 215450 3053797 588784 0.83930 0.91280 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 624339 570020 54319 95000 114490 209490 263809 958539 146954 130968 277922 680617 -56278 -56278 624339 789730 130968 88742 219710 570020 0 570020 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE FUND HAS ADOPTED THE NEW ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES GUIDANCE ON JANUARY 1, 2009. THE GUIDANCE REQUIRES ENTITIES TO EVALUATE, MEASURE, RECOGNIZE AND DISCLOSE ANY UNCERTAIN INCOME TAX POSITIONS TAKEN ON THEIR RESPECTIVE RETURNS. THE ADOPTION OF THAT GUIDANCE BY THE FUND RESULTED IN NO CHANGE TO NET ASSETS. AS OF DECEMBER 31, 2010, THE FUND BELIEVES THAT THEY HAVE NO UNRECOGNIZED TAX BENEFITS OR OBLIGATIONS. THE FUND CONTINUALLY EVALUATES EXPIRING STATUTES OF LIMITATIONS, AUDITS, PROPOSED SETTLEMENTS, CHANGES IN TAX LAW, AND NEW AUTHORITATIVE RULINGS. THE FUND FILES AN INFORMATIONAL RETURN IN THE U.S. FEDERAL JURISDICTION AND ANNUAL CHARITABLE REGISTRATIONS IN VARIOUS STATE JURISDICTIONS. U.S. FEDERAL AND STATE JURISDICTIONS HAVE STATUTES OF LIMITATIONS THAT GENERALLY RANGE FROM THREE TO FIVE YEARS. PART XI, LINE 8 - OTHER ADJUSTMENTS: CHANGE IN VALUE OF SPLIT INTEREST AGREEMENT -32,464. NET APPRECIATION IN MARKET VALUE INVESTMENTS 146,954. PART XII, LINE 4B - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES INCLUDED IN REVENUE -56,278. PART XIII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES INCLUDED IN REVENUE 56,278. CHANGE IN VALUE OF SPLIT INTEREST AGREEMENT 32,464. WALK-A-THON 57433 57433 20619 TASTE OF SUMMER 42350 40892 1458 5533 600 17776 1 39000 39000 11750 138783 137325 1458 5533 600 50145 56278 -54820 0 GIRARD COLLEGE 2101 S COLLEGE AVENUE PHILADELPHIA PA 19121 232712327 501(C)(3) 522632 FOR TUITION ASSISTANCE FOR STUDENTS ATTENDING GIRARD COLLEGE AND TO HELP SUBSIDIZE THE COST OF STUDENT TRIPS ABROAD. OTHER INFORMATION: PART IV: PER OUR MISSION, WE ARE RAISING FUNDS SPECIFICALLY FOR GIRARD COLLEGE. THE ORGANIZATIONS ARE RELATED PARTIES AS DISCLOSED IN SCHEDULE R. 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 PRESIDENT AND TREASURER AND MEMBERS OF THE 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: PRIOR PERIOD ADJUSTMENTS: 95,000. CHANGE IN VALUE OF SPLIT INTEREST AGREEMENT -32,464. NET APPRECIATION IN MARKET VALUE INVESTMENTS 146,954. TOTAL TO FORM 990, PART XI, LINE 5: 209,490. 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 0 0 0 0 GIRARD COLLEGE B 522632 FAIR MARKET VALUE