2011-05-12T09:13:28-05:00 2010-06-30 RSM McGladrey Inc 80 City Square Boston MA 021293742 990 2009-07-01 042104064 THE FENN SCHOOL FENN 9783695800 516 MONUMENT STREET CONCORD MA 01742 david a platt 9783695800 2011-05-12 1 6179129000 2009 2016-02-24 21:20:13Z Gerard j g ward 516 MONUMENT STREET CONCORD MA 01742 13464662 0 X www.fenn.org X 1929 MA THE FENN SCHOOL IS AN ACCREDITED INDEPENDENT DAY SCHOOL FOR APPROXIMATELY 300 BOYS IN GRADES 4 THROUGH 9. THE MAIN OBJECTIVE OF THE SCHOOL IS TO PROVIDE A SOLID, BALANCED CURRICULUM FOR ELEMENTARY AND MIDDLE SCHOOL AGE BOYS, WITH EMPHASIS ON ACADEMICS, ARTS, AND ATHLETICS. THROUGH COORDINATED COURSES THAT INTEGRATE ACROSS DISCIPLINES, THE SCHOOL PREPARES STUDENTS FOR RIGOROUS SECONDARY SCHOOL WORK AND ACADEMIC ACHIEVEMENT 24 24 218 300 0 0 2608647 2430198 10720249 10543718 974694 387005 139213 103741 14442803 13464662 946851 1011627 0 7944588 7850222 35470 60249 739006 4039970 3857078 12966879 12779176 1475924 685486 34516554 38157418 8560488 9816246 25956066 28341172 THE FENN SCHOOL SEEKS TO PREPARE BOYS FOR A LIFETIME OF LEARNING, LEADERSHIP, AND INTEGRITY BY OFFERING A BROAD AND CHALLENGING EDUCATIONAL PROGRAM IN A PERSONAL COMMUNITY THAT HONORS DIVERSITY. INSPIRED BY THE IDEALS OF HONESTY, RESPECT, EMPATHY, COURAGE, AND GUIDED BY THE MOTTO, SUA SPONTE, EACH BOY IS CHALLENGED TO ACCEPT RESPONSIBILITY FOR HIMSELF, FOR HIS OWN EDUCATION, AND FOR THE WELL-BEING OF OTHERS. 0 0 4227454 505814 4628314 Academic Program - the school is an accredited educational institution for approximately 300 boys, grades 4 through 9. the school provides a solid curriculum in english, science, social studies, mathematics, and languages (latin and spanish). Mathematics and language curricula allow for standard-level as well as advanced-level learning, depending on the student's abilities. The entire academic program is an upward progression toward sophisticated cognitive reasoning and intellectual challenges to prepare boys for secondary school education. 2113727 252907 2314157 athletics program - This program promotes athletic competence, confidence, and enjoyment for students of varying athletic abilities and interests. It stresses learning and practicing individual and team skills, and it offers a variety of individual and team activities with various levels of competition. at all levels good sportsmanship is emphasized as the primary lesson to be learned from a well organized athletic program. Sports options, depending on grade, include soccer, football, cross country, track, basketball, wrestling, ice hockey, tennis, and also allows for sports alternative with parental/school approval. 2113726 252906 2314156 Arts Program - Beginning in grade 4, the students are introduced to a six-year sequential curriculum in the Arts beginning with Studio Art, Drama, music and wood shop. as the student progresses through each grade other arts program offerings become available, such as ceramics and photography. in grades 8 and 9, students may select from a broad array of courses mentioned plus others such as painting, cartooning, theater tech, video production, steel drums, guitar and rhythm ensemble. students are required to complete three art requirements for graduation: one each in fine arts, dramatic arts and musical arts. 1028548 1287091 summer fenn day camp for boys and girls (age 5-15) 1028548 1287091 9483455 1 1 0 0 0 0 0 0 1 1 1 0 1 0 0 0 0 1 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 29 0 218 1 0 0 0 0 0 0 0 0 0 24 24 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 1 0 0 MA X X david a platt DIR OF FIN & OPs 9783183524 516 monument street concord MA 01742 GERALD jg WARD 60.00 X X 629724 0 115838 KEVIN R PARKE 5.00 X X 0 0 0 MICHAEL J MARCHESE 5.00 X X 0 0 0 RAYMOND J JOUMAS 5.00 X X 0 0 0 NANCY IBEAULIEU 5.00 X X 0 0 0 JEFFREY ADAMS 10.00 X 0 0 0 KENNETH ANDERSON 5.00 X 0 0 0 ASH ASHUTOSH 5.00 X 0 0 0 MARCI J BERKLEY 5.00 X 0 0 0 PAMELA T BOLL 5.00 X 0 0 0 RICHARD F CONNOLLY JR 5.00 X 0 0 0 TIM CONWAY 5.00 X 0 0 0 CHARLES E CROWLEY 5.00 X 0 0 0 JACOB A DRESDEN 5.00 X 0 0 0 ROBERT EWING 5.00 X 0 0 0 PAMELA LOOS GILDEHAUS 5.00 X 0 0 0 STEVEN M KAYE 5.00 X 0 0 0 JULIA KRAPF 5.00 X 0 0 0 R VINCENT LYNCH 5.00 X 0 0 0 CLIFFORD E MOSKOW 5.00 X 0 0 0 SARAH B NEWTON 5.00 X 0 0 0 PETER M NICHOLAS JR 5.00 X 0 0 0 LAURA REYNOLDS 5.00 X 0 0 0 STEVEN L STONE 5.00 X 0 0 0 MARK T THOMAS 5.00 X 0 0 0 MARY WREN VANDEWILDEN 5.00 X 0 0 0 STEPHEN M WILKINS 5.00 X 0 0 0 WALTER W BIRGE III 5.00 X 0 0 0 MORGAN K SMITH JR 5.00 X 0 0 0 david a platt 40.00 X 125501 0 29168 thomas j hudner iii 40.00 X 116379 0 14289 derek r boonisar 40.00 X 111118 0 20372 stephen a farley 40.00 X 100547 0 20477 1083269 0 200144 5 0 1 0 sodexo inc po box 360170 pittsburgh PA 152516170 food service 335575 BROWN BROTHERS HARRIMAN & CO 40 WATER STREET boston MA 02109 financial 200000 stantec planning and landscape architect 13980 collections center drive chicago IL 60693 architect 166682 menard and sons inc po box 601 burlington MA 01803 landscaping 106307 4 2430198 4857 2430198 school tuition 611600 9256627 9256627 summer camp program 611710 1287091 1287091 10543718 386455 386455 26325 26325 26325 26325 550 550 550 550 extended after care 611710 28372 28372 other revenue 900099 25695 25695 student unirforms sal 448000 23349 23349 77416 13464662 10569413 0 465051 1011627 1011627 732037 323618 259734 148685 5567846 3928927 1403511 235408 311685 207496 88212 15977 784256 470493 248748 65015 454398 317068 111177 26153 13741 13741 64064 64064 49100 49100 60249 60249 51509 51509 128873 68605 14565 45703 102427 102427 755875 638154 68350 49371 178140 133895 40719 3526 605995 563575 30300 12120 97210 87195 9406 609 14006 7275 4742 1989 175962 161885 8798 5279 791864 730822 38151 22891 53451 53451 dining/events/reception 447741 352715 60152 34874 student activities 119789 119789 faculty/staff professio 94364 69480 19977 4907 parents' association 51207 51207 memberships/subscriptio 27174 5767 20657 750 34586 28884 202 5500 12779176 9483455 2556715 739006 1854302 3260851 141817 130258 1727482 1281520 95799 71884 333684 347650 22788832 8219449 15001395 14569383 13982665 15135894 250000 1373000 1129410 1986978 34516554 38157418 1429104 1332582 2588427 4439760 3821528 3821528 721429 222376 8560488 9816246 X 16029100 17353231 4405690 5449010 5521276 5538931 25956066 28341172 34516554 38157418 X 0 1 1 X 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 13234816 17655 1972478 685000 14539949 15118735 193610 -1561429 516100 13234816 0.39720 0.38100 0.22180 0 0 2624281 2624281 11737747 3065178 8672569 4913784 2218317 2695467 2082639 1633711 448928 1430381 1302243 128138 14569383 BOND ACQUISITION FEES, NET OF ACCUMULATED AMORTIZATION 138922 CONSTRUCTION IN PROGRESS 1700587 beneficial interest in perpetual trust 147469 1986978 ENROLLMENT DEPOSITS 15257 INTEREST RATE SWAP agreement 207119 222376 13464662 12779176 685486 1855057 -155437 1699620 2385106 14152655 1855057 -1167064 687993 13464662 0 13464662 11767549 0 11767549 1011627 1011627 12779176 Part V, Line 4: Description of Intended Use of Endowment Funds: The intended uses of the school's endowment funds are for faculty salaries and merit increases, faculty enrichment, faculty/staff travel grants, financial aid, scholarships, philathropy fund, founders fund for education innovation, mulvany center, support for faculty/staff children attending the fenn school. Part XI, Line 8 - Other Adjustments: loss on interest rate swap agreement: -44833. loss on pledge activity: -110604. Part XII, Line 2d - Other Adjustments: FINANCIAL AID NETTED AGAINST TUITION INCOME ON FINANCIAL STATEMENTS: -1011627. loss on interest rate swap agreement: -44833. loss on pledge activity: -110604. Part XIII, Line 4b - Other Adjustments: FINANCIAL AID NETTED AGAINST TUITION INCOME ON FINANCIAL STATEMENTS: 1011627. 1 1 1 ADVERTISEMENTS IN COMMUNITY NEWSPAPERS AND CATALOGUES 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 X X X X X 1 marts & lundy data analysis and consultation 0 0 60249 0 60249 MA 1 tuition financial aid 42 613275 fair market value reduction in tuition charged tuition remission 9 274825 fair market value reduction in tuition charged student fees financial aid 51 123527 fair market value reduction in fees charged Procedure for Monitoring Grants in the U.S.: Part I, Line 2: Schedule I, Part I, Line 2: grants for financial aid are need-based and awarded by the financial aid committee as determined by financial disclosure information provided by the family of the recipient. X 1 1 X X X 0 1 0 0 0 0 0 0 0 GERALD jg WARD 278492 0 0 0 351232 0 74700 0 41138 0 745562 0 0 0 david a platt 125501 0 0 0 0 0 7950 0 21218 0 154669 0 0 0 Part I, Line 4a THE SCHOOL ENTERED INTO A THREE-YEAR EMPLOYMENT CONTRACT WITH AN OFFICER. THIS AGREEMENT AUTHORIZED THE ESTABLISHMENT OF A NON-QUALIFIED 457(F) DEFERRED COMPENSATION PLAN (THE "PLAN")FOR THE BENEFIT OF THE OFFICER. IN OCTOBER, A DISTRIBUTION OF $351,232 WAS MADE TO THE OFFICER AND THE PLAN WAS CLOSED. EFFECTIVE JULY 1, 2009, THE SCHOOL ENTERED INTO A NEW THREE-YEAR EMPLOYMENT CONTRACT WITH AN OFFICER. UNDER THE TERMS OF THE PLAN THE FUNDS WILL NOT VEST UNTIL JUNE 30, 2012. massachusetts development finance agency 043431814 2008-09-25 3821528 campus improvements 0 0 12000000 2600272 140614 9259114 1 0 0 0 0 0 0 0 1 0.00000 0.00000 0.00000 1 0 1 0 brown brothers harriman & co 10.000000000000 0 0 0 Form 990, Part VI, Section A, line 8b EACH COMMITTEE COMTEMPORANEOUSLY DOCUMENTS THE MEETINGS HELD OR WRITTEN ACTIONS UNDERTAKEN DURING THE YEAR. HOWEVER, NONE OF THE COMMITTEES HAVE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. Form 990, Part VI, Section B, line 11 prior to its submission to the irs, The Form 990 is reviewed by a committee which consists of members of the audit committee, as well as the chair, vice-chair, and treasurer of the board. In addition, the Form 990 is provided to the full board of trustees. Form 990, Part VI, Section B, line 12c All trustees shall complete a conflict of interest form annually. No Trustee, committee member, officer or employee shall engage in any action or activity, acting on behalf of the Corporation, which also results in a gain or advantage to that individual or to a member of his or her immediate family or a business organization in which such person has a significant interest such that such individual may be deemed to have an "interest" in the transaction (hereinafter, an "interested person"), without compliance with such appropriate requirements with respect to disclosure as the Board of Trustees of the Corporation may establish from time to time. In addition, no person who may be deemed interested in any matter based on his or her capacity as Trustee, committee member, officer or employee shall vote or use his or her personal influence on the matter, and he or she should not be counted in determining the quorum for the applicable meeting, even where permitted by law. The minutes of the meeting shall reflect the abstention by such interested person(s) from voting, the quorum count, and that a disclosure of such potential conflict of interest was made at the meeting of the Board of Trustees. Form 990, Part VI, Section B, line 15a The Headmaster's three year contract is reviewed by the officers of the Board - Chair, Vice Chair, Secretary and Treasurer. This group also reviews compensation annually. On a regular basis (last time, four years ago) we benchmark the headmaster's compensation (cash and benefits) against other equivalent headmasters. For this review we use an outside consultant. Form 990, Part VI, Section C, line 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, FORM 990, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. IN ADDITION, THE FORM 990 IS AVAILABLE VIA GUIDESTAR AND THE MASSACHUSETTS ATTORNEY GENERAL'S WEBSITE. form 990, part i, line 6 estimation of volunteers: The Estimate includes parent and alumni volunteers for library, drama program, grade level activities, volunteers for parent association committees, and alumni volunteers for alumni events and reunions. Form 990, Schedule K, Part II, Line 8 As of year end, June 30, 2011, the project was not substantially complete. form 990, part vii, column (b) average hours per week: Mr. Adams is Chair of the Buildings & Grounds subcommittee of the Board of Trustees. THe school currently has three major facility construction projects in various stages moving toward completion: new Meeting & Performance Hall, new Artificial Turf Athletic Field and new Library. The number provided is merely an estimate relative to how frequently he is on campus in support of these projects.