2011-05-16T15:32:34-05:00 2010-06-30 KPMG LLP 345 Park Avenue New York NY 101540102 990 2009-07-01 210634503 THE LAWRENCEVILLE SCHOOL LAWR 6098952138 PO BOX 6126 LAWRENCEVILLE NJ 08648 CHRISTINA GOODRICH 2011-05-12 true KPMG LLP 2127589700 2009 2016-02-24 21:20:13Z ELIZABETH DUFFY PO BOX 6126 LAWRENCEVILLE NJ 08648 110367310 false X WWW.LAWRENCEVILLE.ORG X 1810 NJ THE LAWRENCEVILLE SCHOOL SEEKS TO INSPIRE AND EDUCATE YOUNG PEOPLE OF SPECIAL PROMISE FOR RESPONSIBLE LEADERSHIP, PERSONAL FULFILLMENT, AND ENTHUSIASTIC PARTICIPATION IN AN INCREASINGLY COMPLEX WORLD. 32 29 696 950 744041 -570292 20809098 32609617 33076688 35829526 13885750 6953514 1883524 2140540 69655060 77533197 8575188 8532904 0 0 30217942 28504696 0 93147 4380923 21426094 22991442 60219224 60122189 9435836 17411008 435390603 488352437 85150867 86914614 350239736 401437823 THE LAWRENCEVILLE SCHOOL SEEKS TO INSPIRE AND EDUCATE YOUNG PEOPLE OF SPECIAL PROMISE FOR RESPONSIBLE LEADERSHIP, PERSONAL FULFILLMENT, AND ENTHUSIASTIC PARTICIPATION IN AN INCREASINGLY COMPLEX WORLD. WITH HIGH STANDARDS OF CHARACTER AND SCHOLARSHIP, WE TEACH YOUNG PEOPLE THE VALUE OF HONEST WORK, RESPECT FOR DIFFERENCE, AND RESPONSIBILITY FOR THE WELL-BEING OF THEIR COMMUNITY. false false 46120249 8532904 35829526 - INSTRUCTION: COEDUCATIONAL BOARDING AND DAY SCHOOL FOR 800 STUDENTS IN GRADES 9-12; - STUDENT SERVICES: LAWRENCEVILLE PROVIDES SERVICES TO THE ENTIRE STUDENT COMMUNITY IN AN EFFORT TO DEVELOP THE INTELLECTUAL AND SOCIAL TALENTS OF ITS STUDENTS; - INSTITUTIONAL SUPPORT: GENERAL SUPPORT TO THE STUDENTS AND FACULTY. 46120249 true true false false false false true false true true true false true false true false false true false false false true true true true false false false false false true false true true false true true false false false false false false false true 71 0 true 696 true true true true UK false false false false false false false 32 29 false false false false false false false true true false false true true true true true true true true false NJ X CHRISTINA L GOODRICH 6098952138 PO BOX 6126 LAWRENCEVILLE NJ 08648 ELIZABETH DUFFY 40.0 X X 289816 0 148196 RAYMOND G VIAULT 2.0 X 0 0 0 THOMAS L CARTER JR 2.0 X 0 0 0 RICHARD J BARRETT 2.0 X 0 0 0 JACQUELINE BRADLEY OTIS 2.0 X 0 0 0 WHITNEY HAILAND BROWN 2.0 X 0 0 0 MICHAEL S CHAE 2.0 X 0 0 0 MELANIE C CLARKE 2.0 X 0 0 0 JUDITH ANNE CORRENTE 2.0 X 0 0 0 JEFFREY G DISHNER 2.0 X 0 0 0 DARRELL A FITZGERALD 2.0 X 0 0 0 MORTIMER B FULLER III 2.0 X 0 0 0 BERT A GETZ JR 2.0 X 0 0 0 LEITA VOSS HAMILL 2.0 X X 0 0 0 W GRANT HELLAR III 2.0 X 0 0 0 GLENN H HUTCHINS 2.0 X 0 0 0 DAVID J BALLARD 2.0 X 0 0 0 MARCUS MABRY 2.0 X 0 0 0 JEREMY MARIO 2.0 X 0 0 0 FREDERICK R MCCORD 2.0 X 0 0 0 KATHARINE M MCDOWELL 2.0 X 0 0 0 CHARLES E MURPHY III 2.0 X 0 0 0 DAVID B OTTAWAY 2.0 X 0 0 0 DOMINIC A A RANDOLPH 2.0 X 0 0 0 RONALD S ROLFE 2.0 X 0 0 0 PETER F SCHWEINFURTH 2.0 X 0 0 0 CHRISTINA SEIX DOW 2.0 X 0 0 0 JOHN E WALDRON 2.0 X 0 0 0 SETH H WAUGH 2.0 X X 0 0 0 ROBERT L ROSNER 2.0 X 0 0 0 DANIEL M TAPIERO 2.0 X 0 0 0 MEREDITH WHITNEY 2.0 X 0 0 0 WESLEY R BROOKS 40.0 X 189670 0 68912 CHRISTINA GOODRICH 40.0 X 103145 0 51811 MARY KATE BARNES 40.0 X 199741 0 108655 DR ROBIN KARPF 40.0 X 169375 0 69821 GREGORY LADD 40.0 X 155836 0 42394 DARYLL MATTINGLY 40.0 X 136395 0 44781 JOHN E GORE 40.0 X 135267 0 34055 GREG MALOBERTI 40.0 X 113846 0 61255 1493091 0 629880 9 false true false SEE SCHEDULE O 17 32609617 1495710 32609617 TUITION AND FEES 611600 35343210 35343210 AUXILIARY PROGRAMS 713940 486316 486316 35829526 1848803 -493322 2342125 0 0 96092 0 96092 96092 96092 37938824 32834113 5104711 5104711 5104711 0 0 0 SUMMER CAMPS 713940 671214 671214 GOLF AND TENNIS CLUB 713910 40760 40760 ICE RINK 713940 525389 525389 807085 807085 2044448 77533197 35829526 744041 8350013 74649 74649 8458255 8458255 0 0 680611 17370 559020 104221 0 18983362 13920047 2862758 2200557 1923284 1365532 346191 211561 5451723 4364367 638684 448672 1465716 1010716 256238 198762 23876 20925 2684 267 121819 6220 111688 3911 151400 151400 0 93147 93147 1080104 1080104 608265 431898 170899 5468 281896 65527 118915 97454 1521002 1129759 244239 147004 1079828 818999 184010 76819 0 2814938 2425497 351522 37919 550797 361954 54506 134337 0 132197 131855 0 342 3211006 2814126 360917 35963 0 5527616 4844403 621304 61909 335262 271685 47683 15894 FOOD SERVICES 1703595 1703595 AUXILIARY AND SUMMER PROGRAMS 659782 659782 EVENTS 491600 148465 13872 329263 OTHER EXPENSES 2696459 1734405 784601 177453 60122189 46120249 9621017 4380923 11801076 12413833 21232722 19003400 30961671 34282237 653307 532991 286774 601405 4722679 4770939 28770 21819 2248433 1621602 211966954 102987751 113067687 108979203 64322388 66480969 161500970 205103249 24564126 34540790 435390603 488352437 4913684 5556490 5354961 5053370 61829520 60449588 2267467 2207083 10785235 13648083 85150867 86914614 X 89887736 109150439 94217614 105811910 166134386 186475474 350239736 401437823 435390603 488352437 X false true true X false X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 X X false 270997588 19585102 42854068 29422845 304013913 334564916 8264245 -51968713 19862860 270997588 0.17000 0.61000 0.21000 false false 9722180 9722180 187615076 91638886 95976190 14629698 11348865 3280833 108979203 TREASURIES 14006997 F HEDGE FUND 73915414 F PRIVATE EQUITY 73576766 F REAL ESTATE 10142368 F U.S. GOVERNMENT SECURITIES 26534204 F REAL ASSETS 6927500 F 205103249 CONSTRUCTION IN PROGRESS 19736956 REAL ESTATE 14803834 34540790 0 LIABILITY - SPLIT INTEREST AGM 2605909 INTEREST RATE SWAPS 10076058 ASSET RETIREMENT OBLIGATION 966116 13648083 77533197 60122189 17411008 35755753 -1968674 33787079 51198087 101781917 35755753 -10426929 25328824 76453093 1080104 1080104 77533197 50583830 50583830 1080104 8458255 9538359 60122189 FIN 48 SCHEDULE D, PART X EFFECTIVE JULY 1, 2007, THE SCHOOL ADOPTED THE PROVISIONS OF FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) INTERPRETATION NO.48, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES (FIN 48). UNCERTAINTY IN INCOME TAXES AS USED IN THE CONTEXT OF FIN 48 REFERS TO THE ACCOUNTING FOR UNCERTAINTIES IN INCOME TAXES RECOGNIZED IN AN ORGANIZATION'S FINANCIAL STATEMENTS AND PRESCRIBES A THRESHOLD OF MORE-LIKELY-THAN-NOT FOR RECOGNITION AND DERECOGNITION OF TAX PROVISIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE EFFECT OF THE ADOPTION OF FIN 48 DID NOT HAVE ANY IMPACT ON THE FINANCIAL STATEMENTS OF THE SCHOOL. CHANGES IN NET ASSETS SCHEDULE D, PART XI, LINE 8 NET DEPRECIATION IN FAIR VALUE OF INTEREST RATE SWAPS................................(1,968,674) REVENUE RECONCILIATION SCHEDULE D, PART XII, LINE 2D NET DEPRECIATION IN FAIR VALUE OF INTEREST RATE SWAPS.....................(1,968,674) FINANCIAL AID GRANTS....................(8,458,255) =========== TOTAL..................................(10,426,929) EXPENSES RECONCILIATION SCHEDULE D, PART XIII, LINE 4B FINANCIAL AID GRANTS..................................(8,458,255) ENDOWMENT FUNDS SCHEDULE D, PART V THE SCHOOL'S ENDOWMENT CONSISTS OF 450 FUNDS THAT HAVE BEEN ESTABLISHED BY DONORS AND THE SCHOOL TO SUPPORT FINANCIAL AID, FACULTY COMPENSATION, BUILDING MAINTENANCE, AND OTHER GENERAL OPERATIONS. COLLECTION OF ART SCHEDULE D, PART III THE FOCUS OF LAWRENCEVILLE'S COLLECTION IS TO INTEGRATE ART INTO THE LIVES OF PEOPLE, INSPIRING INDIVIDUAL REFLECTION, COMMUNITY DIALOGUE, AND HISTORICAL AND CULTURAL AWARENESS. WE BELIEVE IN THE POWER OF ART TO STIMULATE CREATIVE THINKING, AESTHETIC APPRECIATION AND ENJOYMENT. LAWRENCEVILLE'S COLLECTION OF ART IS BROKEN DOWN INTO THREE CATEGORIES: PERMANENT COLLECTION (ART THAT HAS BEEN CAREFULLY REVIEWED AND VOTED ON BY THE FINE ARTS ADVISORY COMMITTEE TO BE INCLUDED IN THIS CATEGORY); FURNISHINGS COLLECTION (ART THAT IS NOT INCLUDED IN THE PERMANENT COLLECTION, HOWEVER IT HAS A VALUE AS DECORATIVE ART OR FOR TEACHING PURPOSES); AND LAWRENCEVILLE COLLECTION (WORK BY ALUMNI, THAT MAY OR MAY NOT BE PART OF THE PERMANENT COLLECTION AS WELL). THROUGH THE CARE AND SAFE DISPLAY OF OUR COLLECTION AND 3 TO 4 ROTATING EXHIBITIONS, WE HOPE TO INTEGRATE ART INTO THE LIVES OF PEOPLE, INSPIRING INDIVIDUAL REFLECTION, COMMUNITY DIALOGUE, AND HISTORICAL AND CULTURAL AWARENESS. THE EXHIBITIONS AND PROGRAMS OF THE GALLERIES, WHICH INCLUDE AN ADDITIONAL 3 TO 4 EXHIBITS OF WORK NOT PART OF THE SCHOOL'S COLLECTIONS, ARE INTENDED TO INSPIRE AND CHALLENGE THE SCHOOL COMMUNITY WHILE OFFERING A RESOURCE FOR TEACHING IN ALL DISCIPLINES. true true true A STATEMENT OF LAWRENCEVILLE'S NONDISCRIMINATORY POLICY IS INCLUDED IN ALL BROCHURES AND CATALOGS THAT PERTAIN TO STUDENT ADMISSIONS PROGRAMS SCHOLARSHIPS. WE ALSO PUBLISH AN ANNUAL PRINT ADVERTISEMENT THROUGH NJAIS. true true true true false false false false false false false false false false true true Europe (Including Iceland and Greenland) 0 0 Program Services EDUCATIONAL PROGRAMS 63472 East Asia and the Pacific 0 0 Fundraising 39925 Europe (Including Iceland and Greenland) 0 0 Investments 0 0 103397 PART I, LINE 2 The Lawrenceville School is dedicated to ensuring that every student has a meaningful and authentic experience abroad which is tied to our curriculum, service programs or other co-curricular initiatives. Inherent in such a program is a desire to help make our students more aware of global issues and different cultures, as well as stress the importance of establishing personal connections to others around the world. The ultimate goal of the international program is to help create more responsible, global citizens through a creative and holistic approach to learning. For example, the Lawrenceville School's international programs include language programs. The Language Department believes that a citizen has the responsibility to understand a language other than his or her native tongue. Additionally, it is vital in our world today to learn about other cultures. The two go hand-in-hand of course and that is why we are committed to offering Language Department Programs Abroad to our students. After two years of language study, students may apply to spend a number of weeks living in one of four countries: France, Mexico, Japan, or China. Students take courses at a Lawrenceville-affiliated institution, and a Lawrenceville faculty member directs the program and teaches courses along with local professors and masters. Students live with host families, participate in local activities, and travel for a period of time in the host country. X X X X X X true CAROL O'BRIEN ASSOCIATES CAMPAIGN CONSULTING false 0 69848 0 EXECUTIVE EDGE CORPORATE CONSULTING EXECUTIVE COACHING false 0 23302 0 0 93150 0 NJ true LAWRENCE TOWNSHIP EDUCATION FOUNDATION PO BOX 6531 LAWRENCEVILLE NJ 08648 223192024 501(C)(3) 65000 N/A N/A STUDENT'S GRANTS STUDENT SCHOLARSHIPS 233 N/A N/A MONITORING SCHEDULE I, PART I THE LAWRENCEVILLE SCHOOL USES SCHOOL AND STUDENT SERVICES (SSS) TO PROCESS FINANCIAL AID APPLICATIONS. SSS IS A SERVICE OF THE NATIONAL ASSOCIATION OF INDEPENDENT SCHOOLS. PARENTS OF STUDENTS COMPLETE THE PARENTS' FINANCIAL STATEMENT (PFS) FORM AND SUBMIT IT TO SSS ALONG WITH THE REQUIRED COPIES OF TAX RETURNS AND PROOF OF INCOME. SSS PREPARES A NEED ANALYSIS REPORT WHICH SUGGESTS THE AMOUNT FAMILIES CAN CONTRIBUTE TOWARD EDUCATIONAL COSTS. SINCE NOT ALL FAMILIES' FINANCIAL CIRCUMSTANCES ARE EQUAL, THE LAWRENCEVILLE SCHOOL FINANCIAL AID OFFICE USES THE SSS. X X false false X X false false false false false false false false false WESLEY R BROOKS 189670 0 0 0 0 0 23709 0 45203 0 258582 0 0 0 ELIZABETH DUFFY 289816 0 0 0 0 0 70625 0 77571 0 438012 0 0 0 CHRISTINA GOODRICH 103145 0 0 0 0 0 13104 0 38707 0 154956 0 0 0 MARY KATE BARNES 199741 0 0 0 0 0 50405 0 58250 0 308396 0 0 0 DR ROBIN KARPF 169375 0 0 0 0 0 21893 0 47928 0 239196 0 0 0 GREGORY LADD 155836 0 0 0 0 0 20378 0 22016 0 198230 0 0 0 DARYLL MATTINGLY 136395 0 0 0 0 0 17171 0 27610 0 181176 0 0 0 JOHN E GORE 135267 0 0 0 0 0 16932 0 17123 0 169322 0 0 0 GREG MALOBERTI 113846 0 0 0 0 0 14928 0 46327 0 175101 0 0 0 HOUSING AND PERSONAL SERVICES SCHEDULE J, PART I, LINE 1A HOUSING ON THE SCHOOL CAMPUS IS PROVIDED TO CERTAIN EMPLOYEES, AS REQUIRED BY THE TERMS OF THEIR EMPLOYMENT FOR THE CONVENIENCE OF THE SCHOOL, AND IS TREATED AS NON-TAXABLE UNDER SECTION 119 OF THE INTERNAL REVENUE CODE. THE HEADMASTER'S HOUSE SERVES NOT ONLY AS A RESIDENCE, BUT ALSO AS A HOST LOCATION FOR MANY SCHOOL EVENTS. HOUSEKEEPING SERVICES ARE ALSO PROVIDED FOR THE HOUSE. NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY 222045817 64577HPH8 2004-11-01 16039245 REFUNDING OF OUTSTANDING 1996 BOND false false 16039441 0 0 15798441 0 240804 0 false true false false true false false false false false true CHRISTINA GOODRICH MORTGAGE X 300000 279919 false true true MARY KATE BARNES MORTGAGE X 200000 162743 false true true Greg Maloberti MORTGAGE X 200000 158743 false true true 601405 BLACK STONE MINERALS-THOMAS CARTER TRUSTEE IS A PARTNER 19245611 SEE SCHEDULE O false BLENHEIM GLOBAL FND-JUDITH CORRENTE TRUSTEE SPOUSE OF FOUNDER 2694227 SEE SCHEDULE O false X 1 0 SEE STATEMENT X 43 1495710 FMV false true true THIRD PARTIES SCHEDULE M, PART I, LINE 32 THE ORGANIZATION UTILIZES A STOCK BROKER TO PROCESS AND SELL DONATED SECURITIES. PART I, LINE 1 DONATED ART COLLECTIONS LAWRENCEVILLE IS NOT REQUIRED TO RECOGNIZE REVENUE AND CAPITALIZE COLLECTIONS OF ART THAT IS DONATED TO THE SCHOOL FOR THE PURPOSE OF BEING HELD FOR PUBLIC EXHIBITION, EDUCATION, OR RESEARCH IN FURTHERANCE OF PUBLIC SERVICE RATHER THAN FINANCIAL GAIN. ALL DONATED ART IS SUBJECT TO THE REQUIREMENTS OF LAWRENCEVILLE'S GIFT ACCEPTANCE POLICY. 990 REVIEW PROCESS FORM 990, PART VI, LINE 11A FORM 990 IS PREPARED BY THE SCHOOL'S INDEPENDENT ACCOUNTING FIRM, KPMG, BASED ON INFORMATION PROVIDED BY THE SCHOOL. THE DRAFT FORM 990 IS THEN REVIEWED BY THE SCHOOL'S FINANCE DEPARTMENT, AND ANY RESULTING CHANGES ARE MADE TO THE DRAFT RETURN. THE DRAFT RETURN IS THEN PROVIDED TO THE AUDIT COMMITTEE OF THE BOARD OF DIRECTORS, WHICH HAS BEEN DELEGATED RESPONSIBILITY BY THE FULL BOARD FOR REVIEW OF THE RETURN. THE AUDIT COMMITTEE THEN REPORTS TO THE FULL BOARD, AND A COPY OF THE FINAL FORM 990 IS MADE AVAILABLE TO THE FULL BOARD OF DIRECTORS PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. CONFLICT OF INTEREST FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION HAS A WRITTEN CONFLICT OF INTEREST POLICY COVERING ALL TRUSTEES, OFFICERS, AND EMPLOYEES THAT REQUIRES, AMOUNG OTHER THINGS, THAT NO INDIVIDUAL MAY PARTICIPATE IN DISCUSSION OR DECISION ON ANY MATTER IN WHICH HE OR SHE HAS A MATERIAL FINANCIAL INTEREST. ALL TRUSTEES, OFFICERS AND INDIVIDUALS WHO HAVE SIGNING AUTHORITY ARE REQUIRED TO CERTIFY COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY ON AN ANNUAL BASIS AND TO INDICATE WHETHER THE ORGANIZATION DOES BUSINESS WITH AN ENTITY IN WHICH THEY HAVE A MATERIAL FINANCIAL INTEREST. COMPENSATION FORM 990, PART VI, LINE 15 THE LAWRENCEVILLE SCHOOL PERIODICALLY CONDUCTS A REVIEW TO DETERMINE THE GOING FAIR MARKET COMPENSATION RANGES FOR COMPARABLE POSITIONS AT SIMILARLY SITUATED ORGANIZATIONS, BY REFERENCE TO COMPENSATION SURVEYS AND OTHER ORGANIZATIONS' FORM 990. THE LAWRENCEVILLE SCHOOL SETS COMPENSATION WITHIN THE RANGE OF THE GOING MARKET RATE. NO INDIVIDUAL HAVING A CONFLICT OF INTEREST IS PERMITTED TO PARTICIPATE IN THE REVIEW OR DECISION. THE ORGANIZATION MAINTAINS RECORDS REGARDING COMPENSATION. GOVERNING DOCUMENTS PART VI, LINE 19 THE ORGANIZATION DOES NOT CURRENTLY MAKE ITS GOVERNING DOCUMENTS OR CONFLICT OF INTEREST POLICY AVAILABLE TO THE PUBLIC. FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. INDEPENDENT CONTRACTORS PART VII, SECTION B REDDING'S MECHANICAL ENGINEERING 234 NASSAU STREET PRINCETON, NJ 08542 $2,930,088 V.J. SCOZZARI & SON, INC. CONTRACTOR P.O. BOX 958 PENNINGTON, NJ 08534 $2,254,656 SUSTAINABLE FARE FOOD SERVICE 100 SUMMER ST. BOSTON,MA 02110 $2,114,374 CAMBRIDGE ASSOCIATES INVESTMENT MANAGEMENT 100 SUMMER STREET BOSTON, MA 02110 $756,315 BREGENZER BROTHERS ROOFING 119 WINTERWOOD AVENUE, EWING, NJ 08638 $592,647 SCHEDULE L, PART IV BUSINESS TRANSACTIONS INVOLVING INTERESTED PERSONS THE LAWRENCEVILLE SCHOOL HOLDS A $19 MILLION INVESTMENT IN BLACK STONE MINERALS COMPANY AS PART OF THE SCHOOL'S ENDOWMENT INVESTMENT PORTFOLIO. THOMAS L. CARTER, JR., A LAWRENCEVILLE SCHOOL TRUSTEE, IS THE CEO AND OWNS MORE THAN 10% OF BLACK STONE MINERALS COMPANY. HOWEVER, THE SCHOOL'S INVESTMENT COMMITTEE DIRECTS THE SCHOOL'S INVESTMENTS AND MR. CARTER IS NOT A MEMBER OF THE INVESTMENT COMMITTEE AND DOES NOT PARTICIPATE IN ANY OF THE SCHOOL'S INVESTMENT DECISIONS. THE LAWRENCEVILLE SCHOOL HOLDS AN INVESTMENT IN BLENHEIM GLOBAL MARKETS FUND THAT HAD A FMV OF $2,694,227 ON JUNE 30, 2010. JUDITH ANN CORRENTE, A LAWRENCEVILLE SCHOOL TRUSTEE, IS MARRIED TO THE CHAIRMAN/FOUNDER OF BLENHEIM GLOBAL MARKETS FUND. HOWEVER, THE SCHOOL'S INVESTMENT COMMITTEE DIRECTS THE SCHOOL'S INVESTMENTS AND MS. CORRENTE IS NOT A MEMBER OF THE INVESTMENT COMMITTEE AND DOES NOT PARTICIPATE IN ANY OF THE SCHOOL'S INVESTMENT DECISIONS.