2011-05-06T15:26:07-05:00 2010-06-30 LOEB & TROPER LLP 655 THIRD AVENUE 12TH FLOOR NEW YORK NY 10017 990 2009-07-01 131740483 RIVERDALE COUNTRY SCHOOL RIVE 7185192708 5250 FIELDSTON ROAD BRONX NY 10471 Daniel Schultz 7185192725 2011-05-04 1 FREDERICK H ROTHMAN 2128674000 2009 2016-02-24 21:20:13Z Daniel Schultz 5250 FIELDSTON ROAD BRONX NY 10471 56148278 0 X WWW.RIVERDALE.EDU X 1930 NY EDUCATIONAL ACTIVITIES PRE-K THROUGH 12TH GRADE 30 29 443 0 0 0 7094559 5185478 38578955 41749422 -7316925 770314 1422909 1190829 39779498 48896043 5823110 6010117 0 26183662 27318007 0 1448300 13509287 13168207 45516059 46496331 -5736561 2399712 139506414 145512845 63189331 65279140 76317083 80233705 See Schedule O 0 0 34872191 6010117 41749422 see schedule o 34872191 1 1 0 0 0 0 0 0 1 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 0 0 0 0 0 0 0 0 1 119 0 1 443 1 0 1 CJ EI BD 0 0 0 0 0 0 0 30 29 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 0 0 NY X Daniel Schultz 7185192726 5250 FIELDSTON ROAD Bronx NY 10471 Dominic AA Randolph 40.00 X X 287811 0 55741 Jane Lisman Katz 1.00 X 0 0 0 David N Roberts 1.00 X 0 0 0 Lisa Argrette Ahmad 1.00 X 0 0 0 Jessica Weill Bibiliowic 1.00 X 0 0 0 Emily Latour Bogle 1.00 X 0 0 0 Alfonso L Carney Jr 1.00 X 0 0 0 Christopher J Carrera 1.00 X 0 0 0 Anla Cheng-Kingdon 1.00 X 0 0 0 Tiki Barber 1.00 X 0 0 0 Robert F Goldrich 1.00 X 0 0 0 Perry Golkin 1.00 X 0 0 0 Gregg S Hymowitz 1.00 X 0 0 0 Theodore P Janulis 1.00 X 0 0 0 Beryl R Jones-Woodin 1.00 X 0 0 0 Brad S Karp 1.00 X 0 0 0 Barbara Basser Bigio 1.00 X 0 0 0 Jill Cornet 1.00 X 0 0 0 David T Hamamoto 1.00 X 0 0 0 Brunhilda M Musikant 1.00 X 0 0 0 Mark Hostetter 1.00 X 0 0 0 Beth Roberts 1.00 X 0 0 0 Daniel J Rosen 1.00 X 0 0 0 Laurence Lederer 1.00 X 0 0 0 Thomas Montag 1.00 X 0 0 0 Jeffrey Pash 1.00 X 0 0 0 Philip Tod Waterman II 1.00 X 0 0 0 Prakash Melwani 1.00 X 0 0 0 Stacey Weinstein 1.00 X 0 0 0 David Westin 1.00 X 0 0 0 Daniel P Schultz 40.00 X 173770 0 41154 Kent J Kildahl 40.00 X 212650 0 21000 Sandy s Shaller 40.00 X 192607 0 55184 Milton j sipp 40.00 X 176145 0 50684 Kristi H Marshall 40.00 X 158982 0 24439 David e Patnaude 40.00 X 177441 0 20491 Michael Michelson 40.00 X 152863 0 35892 John B Ment 40.00 X 147142 0 33397 Lorraine R Mahony 40.00 X 146432 0 12488 1825843 0 350470 60 0 1 0 FREDCO SPORTS 315 HOWE AVENUE PASSAIC NJ 07055 Construction 2358296 MARIO BULFAMONTE & SONS LANDSCAPING 75 PORTMAN ROAD NEW ROCHELLE NY 10801 Landscaping 463279 SUPERTRANS NY INC 60 ALEXANDER STREET yonkers NY 10701 School Bus Transportation Services 250449 CAMPANA MANSORYINC 242 WHITE PLAINS ROAD TUCKAHOE NY 10707 General Maintenance & Repairs 238350 AQUILINE ADVISORS LLC 535 MADISON AVENUE new york NY 10022 Investment Consultant 235000 10 375247 4810231 159456 5185478 TUITION 611710 41749422 41749422 41749422 473017 473017 78921 75841 3080 3080 3080 7429404 7132107 297297 297297 297297 51222 44287 6935 6935 Other Revenue 900099 712880 712880 Riverclub 611710 272049 272049 Day Care Center 624410 195885 195885 1180814 48896043 41749422 0 1961143 6010117 6010117 1305835 1083961 221874 20737031 16515256 3472004 749771 1420780 1123253 244786 52741 2161878 1727277 358101 76500 1692483 1350640 283787 58056 156744 156744 57542 57542 254497 254497 462442 373952 37899 50591 800 800 3423602 1609071 1635136 179395 70838 70838 679824 12000 667824 666643 630551 31112 4980 110389 85240 25149 1811390 1811390 2556111 2556111 269575 18595 250980 MISCELLANEOUS 2315630 1480516 558848 276266 Bad Debt Expense 226096 222346 3750 Recruitment 106084 72505 33579 46496331 34872191 10175840 1448300 4281918 146552 16970673 21575301 6978755 4672044 104974 81434 14897 18797 572726 627392 95428955 28696500 65096512 66732455 30125847 29913330 13572303 20023886 1787809 1721654 139506414 145512845 3654585 4348845 26511421 27448450 28950000 28250000 4073325 5231845 63189331 65279140 X 55694977 62359291 7553017 4803353 13069089 13071061 76317083 80233705 139506414 145512845 X 0 1 1 X 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 13384051 282222 894431 825092 13455362 13191138 192913 13384051 0.97140 0.02860 0 0 4473167 4473167 79534376 19912930 59621446 11421412 8783570 2637842 66732455 limited partnership 20023886 F 20023886 liability under swap agreement 5231845 5231845 48896043 46496331 2399712 2955680 -1438770 1516910 3916622 45707237 2955680 120128 3075808 42631429 254497 6010117 6264614 48896043 40632095 400378 400378 40231717 254497 6010117 6264614 46496331 Part V, Line 4: Description of Intended Use of Endowment Funds: The school's endowments were established for the continuous support of education in the School Part X: Description of Uncertain Tax Positions Under FIN 48: Accounting for uncertainty in income taxes - Effective July 1, 2009, the School adopted the provision pertaining to uncertain tax positions (ASC Topic 740) and has determined that there are no material uncertain tax positions that require recognition or disclosure in the financial statements. Part XI, Line 8 - Other Adjustments: loss ON SWAP AGREEMENT: -1158520. provision for bad debt for permanently restricted net assets: -280250. Part XII, Line 2d - Other Adjustments: Cost of Goods Sold: 44287. Rental Expenses: 75841. Part XII, Line 4b - Other Adjustments: Financial aid: 6010117. Part XIII, Line 2d - Other Adjustments: Cost of goods sold: 44287. Provisions for bad debt - contributions: 280250. Rental Expenses: 75841. Part XIII, Line 4b - Other Adjustments: Financial aid: 6010117. 1 1 0 RIVERDALE COUNTRY SCHOOL PUBLICIZES ITS RACIALLY NON-DISCRIMINATORY POLICY IN ALL ITS ADMISSIONS CATALOGUES AND BROCHURES AS WELL AS IN ITS ANNUAL STUDENT HANDBOOK AND ITS WEBSITE. 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 Cayman Islands 0 0 Investments Ireland 0 0 Investments Bermuda 0 0 Investments 0 0 0 1 Financial Aid for students for educational purposes 211 6010117 Book Procedure for Monitoring Grants in the U.S.: Part I, Line 2: Schedule I, Part I, Line 2: Grants are need based. Families must have a complete financial aid file to be considered for a financial aid grant. A complete financial aid file contains a Parent Financial Statement (PFS), the previous years' federal tax return (including schedules and W-2s), a family budget sheet and any other required supporting documents. Completing the PFS generates a Recommended Family Contribution (RFC) based primarily on the family income, assets including home equity, age of the parents (when considering assets needed for retirement) and number of children in tuition charging institutions. The RFC may then be adjusted at the discretion of the Financial Aid Director for such things as cost of living, unusual expenses, and a home equity protection allowance. The financial aid committee makes a final decision based on the Financial Aid Director's suggestion. PFSs which are based on estimates are then checked against families's filed taxes in the spring and awards are adjusted as needed. Consideration or funding from other parts of the financial aid budget is also given to such "extra" costs as transportation to school, tutoring, and expenses for school trips, college and athletics. X X 1 1 X X X X X 0 0 0 0 0 0 0 0 0 Dominic AA Randolph 287811 0 0 0 0 0 29937 0 25804 0 343552 0 0 0 Daniel P Schultz 173770 0 0 0 0 0 13020 0 28134 0 214924 0 0 0 Kent J Kildahl 196150 0 0 0 16500 0 21000 0 0 0 233650 0 0 0 Sandy s Shaller 176107 0 0 0 16500 0 31524 0 23660 0 247791 0 0 0 Milton j sipp 176145 0 0 0 0 0 18250 0 32434 0 226829 0 0 0 Kristi H Marshall 158982 0 0 0 0 0 15750 0 8689 0 183421 0 0 0 David e Patnaude 177441 0 0 0 0 0 12495 0 7996 0 197932 0 0 0 Michael Michelson 152863 0 0 0 0 0 16068 0 19824 0 188755 0 0 0 John B Ment 147142 0 0 0 0 0 11025 0 22372 0 180539 0 0 0 Lorraine R Mahony 146432 0 0 0 0 0 10088 0 2400 0 158920 0 0 0 NYC IDA variable rate civic facility refunding 132906040 64971CX66 2004-06-14 31000000 Refunding, Construction and Equipping Facilities 0 0 32107251 133290 1604224 29043824 2007 0 1 1 1 0 0 0 0 0 0.00000 0.00000 0.00000 1 0 1 1 Merrill Lynch capital Services 30.000000000000 0 1 0 X 11 159456 Selling price 0 0 0 Method for Determining Number of Contributors: Part I, Column (b): reporting is based on the number of contributors Form 990, Part VI, Section B, line 11 The full board received a complete copy of the 990 for their review with the names of the donors on Sch B redacted; hence, the question has been answered no. Form 990, Part VI, Section B, line 12c On an annual basis board members and officers are required to complete a conflict of interest disclosure. At the first board meeting of the school year, the Chairman of the Board distributes the conflict of interest form to each member. At the end of that session, each conflict of interest form is collected and reviewed. If a conflict of interest is identified, the board will review the item and determine whether to allow the activity, or exclude the individuals from items involving their conflict. When any matter in which a board member or officer has an interest comes before the board for decision or approval, that interest shall be immediately disclosed to the board by that board member or officer and the person in conflict shall recuse himself/herself from any discussion or vote relating thereto. Form 990, Part VI, Section B, line 15a AN INDEPENDENT COMPENSATION CONSULTANT IS USED. ADDITIONALLY, IT IS ALSO REVIEWED BY THE CHAIRMAN OF THE BOARD AND THE CHAIR OF THE FINANCE COMMITTEE. THE LAST REVIEW TOOK PLACE DURING THE 2ND QUARTER OF CALENDAR YEAR 2010. Form 990, Part VI, Section C, line 19 TRANSPARENCY IS VERY IMPORTANT TO RIVERDALE COUNTRY SCHOOL; AS SUCH, RIVERDALE COUNTRY SCHOOL PROVIDES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS TO THE GENERAL PUBLIC UPON REQUEST. Part XI Line 2 C The process for reviewing financial statements has not changed since the prior year Schedule K, Part I, (A) Complete Issuer Name New York City Industrial Development Agency Variable Rate Civic Facility Refunding and Improvement Bonds (2004 Riverdale Country School, Inc. Project) Schedule K, Part II, Line 5 $1,002,069 of issuance costs relate to Credit Enhancement Fees. Part III 4a Program Service Accomplishements At Riverdale, we rely on a powerful model based on guiding principles in four key areas: mind, character, commitment, and community. Within each category we strive to create ambitious programs that benefit the entire community. "Mind" - High standards are valued at Riverdale, but so are innovative approaches to learning. The school invites students to cast a wide net during their years on campus, encouraging them to explore subjects in the arts and sciences that interest them. Students' intellectual curiosity and emotional growth are given thoughtful support even as they grow independent as learners, which serves them well during their college years and beyond. "Character" - Honesty, self-discipline, resilience, and perseverance are qualities we encourage in our students every day. A multifaceted support system on campus provides students with the support they need as they pursue opportunities and learn life lessons. "Commitment" - A successful life is made up of the many commitments we make, both to ourselves and to others. Riverdale's emphasis on commitment to a wide range of activities, including academics, sports, community service, and the arts, endows students with a sense of satisfaction and balance during their years at Riverdale. "Community" - The Riverdale campuses are an ideal setting for an intimate community of young learners. Students also are encouraged to expand their view of community beyond the wooded campuses; they are encouraged to view themselves as citizens of the world, with all the joy and responsibility that implies. Interdisciplinary learning is a crucial component of every student's education at Riverdale. Disciplinary boundaries are permeable in many specific assignments throughout the curriculum, but the final two years provide a truly sustained and deeply reinforced exposure to a kind of thinking that most students might otherwise not encounter even in college. Making analogies and describing relationships between quite different modes of knowing, thinking, making, and being is not easy. Learning to think in this special way requires a high degree of analytical skill and repeated exposure, training, and practice over a long period. It also demands intellectual maturity. In their junior year, all Riverdale students take Constructing America, a two-credit American Studies course jointly taught by a history and an English teacher. For the first time, students are regularly invited to read literature through the lens of economic, political, and social conditions and theories, and to explore the intersection of cultural heroes, literary characters, and national mythologies. They gain a feel for living history as carefully chosen literature fleshes out the social changes and the threads of consequence that give history its specific character. Sometimes they see connections not only between a story and a historical event but also between historical eras in their succession and corresponding transformations in literary expression. Such learning inevitably strengthens students' abilities to think abstractly and analytically. In senior year, Integrated Liberal Studies (ILS), stretches the capacities developed in Constructing America. Two disciplines expand to five: literature, philosophy, history of science, history of art, and history of music. Five major essay assignments are designed to engage students in finding a thesis that will tie together aspects of political theory and art, or literature and scientific theory, and so on. The readings are sophisticated texts of central cultural importance, and if some students find the work challenging at first, they all experience a growth in the flexibility and creativity of their thought processes by virtue of the effort. As more than one student has said, "ILS actually teaches you how to think." Part III, Line 1 Mission "The mission of Riverdale Country School adopted November 15, 2006, is to offer students the foundations of a liberal education that will guide them to rewarding, purposeful lives. In its second century, Riverdale's unique character is still shaped by the commitment of its founder, Frank S. Hackett, to high academic standards, scholarly, intimate teaching, abundant play in the open, and a care for the best influences. It is our duty to help our students expand their competence and resourcefulness and to enable them to think critically. Riverdale students are not merely passive recipients of knowledge; teachers support students in the challenging work of actively constructing their own understanding and skills in a balance of intellectual, artistic, athletic, and community activities. The ideal Riverdale experience is a friendly, lively meeting of disciplined minds working, creating, and performing together in the classroom and in the larger arena made possible by New York City and our country campuses. The knowledge, culture, experiences, interests, abilities, and points of view that each member of the Riverdale community brings to the school enrich the lives and deepen the understanding of those with whom they interact. We value the quality of the relationships we forge. Parents feel a strong partnership with the school and students form lasting bonds with their teachers, mentors, and peers. For these reasons, we seek diverse experiences and viewpoints in our students and their families, our faculty, and our curriculum. In the patterns of our daily life on campus, we seek to create a model of the ways in which people should treat and respect one another. Riverdale Country School is an independent day school that provides a continuous coeducational program for boys and girls from pre-kindergarten through grade twelve. The school is located on two wooded campuses in the northwest corner of New York City, NY. At Riverdale we seek academic excellence and personal achievement within an ethical and supportive environment. Riverdale provides a stimulating and challenging curriculum, bright and engaging students, a well-educated and dedicated faculty, a wide array of artistic, athletic, and other extracurricular opportunities, an impressive physical plant, and an environment conducive to learning. Interested parties will discover a community proud of its friendly atmosphere and warm relationships. Grounded in the values of the liberal arts, Riverdale strives to maintain an appropriate balance among its courses and activities. The School treats students as individuals and respects their unique strengths, while offering the most rigorous academic program possible. We prepare students for both competition and cooperation, and we foster their respect for others and for the community as a whole. At all times the School attempts to create an atmosphere in which trust, honesty, and mutual support are assumed. Riverdale is a remarkable school with ambitious goals. We believe we have invigorating and rigorous programs within a happy, positive environment.