2011-05-02T10:07:40-05:00 2010-06-30 ParenteBeard LLC 1200 Atwater Drive Suite 225 Malvern PA 19355 990 2009-07-01 231178880 VALLEY FORGE MILITARY ACADEMY FOUNDATION VALL 6109891200 1001 EAGLE ROAD WAYNE PA 190873695 Vincent Vuono CFO 6109891200 2011-05-02 1 Leonard P Metkowski 6106478100 2009 2016-02-24 21:20:13Z Vincent Vuono 1001 Eagle Road Wayne PA 190873695 39986348 0 X VFMAC.EDU X 1928 PA To educate cadets, within an academic and military environment, to be fully prepared for their responsibilities as citizen leaders who are mentally alert, sound in body, considerate of others and possessed of the highest sense of duty, honor, loyalty, and courage. 16 16 258 100 60001 0 2679688 1192314 20092224 23153914 343919 10096946 487223 58529 23603054 34501703 4712830 6071441 0 8853893 8825372 0 685450 12534806 12765038 26101529 27661851 -2498475 6839852 32788401 38334623 15081906 12288901 17706495 26045722 To educate cadets, within an academic and military environment, to be fully prepared for their responsibilities as citizen leaders who are mentally alert, sound in body, considerate of others and possessed of the highest sense of duty, honor, loyalty, and courage.To foster the love of God and country, high moral standards and strong character traits that will make all a credit to themselves, their families, their alma mater, their country, and their God. 0 0 21286706 6071441 23146456 Valley Forge provides more than 550 cadets with an educational experience built on our five cornerstones: Academic Excellence, Character Development, Personal Motivation, Physical Development, and Leadership. A Valley Forge education is rooted in quality academic programs supported by leadership responsibilities and strong athletic and extracurricular opportunities. 21286706 1 1 0 0 0 0 0 0 1 1 1 0 1 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 1 14 0 1 258 1 1 1 0 0 0 0 0 0 0 0 0 1 0 0 0 16 16 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 0 0 0 0 PA X Vincent Vuono CFO 6109891232 1001 Eagle Road Wayne PA 19087 Charles A McGeorge 40.00 X X 195004 0 32061 ROBert Bacine 1.00 X 0 0 0 N GINO BANCO 1.00 X 0 0 0 RIChard Hocker 1.00 X 0 0 0 FREDERICK BREITENFELD JR 1.00 X 0 0 0 NILES DALLY 1.00 X 0 0 0 ANTOINETTE IADAROLA 1.00 X 0 0 0 WALTER J LEHMAN JR 1.00 X 0 0 0 J KENT MCNEW 1.00 X 0 0 0 Westley Moore 1.00 X 0 0 0 Conrad Muhly 1.00 X 0 0 0 Daniel Reavy 1.00 X 0 0 0 CHRIS ROUSSOS 1.00 X 0 0 0 Ivan Sabel 1.00 X 0 0 0 George Schildge 1.00 X 0 0 0 JESSICA L WRIGHT 1.00 X 0 0 0 William Floyd 1.00 X X 0 0 0 James J Doyle 40.00 X 129575 0 12370 vinceNT vuono 40.00 X 158080 0 15048 Kathleen Anderson 40.00 X 104500 0 2931 587159 0 62410 4 0 1 0 Sodexo INC PO Box 905374 Charlotte NC 28290 Food Service 1612821 Keystone Health Plan East PO Box 70250 Philadelphia PA 19176 Health benefits 1069083 Main Line Janitorial Service 4438 LOBELLA COURT CHESTER SPRINGS PA 19425 Laundry, Cleaning Services 747050 FOLLETT HIGHER EDUCATION GROUP 1818 SWIFT ROAD OAK BROOK IL 60523 RUNS SCHOOL BOOKSTORE 542299 UGI ENERGY SERVICES INC PO BOX 827032 PHILADELPHIA PA 19182 GAS SUPPLIER 508014 21 1192314 161947 1192314 Tuition and Fees 611600 21957017 21957017 Summer Camp Program 611600 848701 848701 HOUSING RENTALS 611600 297517 297517 MISC. INCOME 611600 43221 43221 Cavalry 713990 7458 7458 23153914 178765 178765 244672 192129 52543 52543 52543 5027562 10000000 4837658 271723 189904 9728277 9918181 9918181 189121 183135 5986 5986 34501703 23146456 60001 10102932 6071441 6071441 7218290 4914336 1933813 370141 26315 26315 885912 658611 194416 32885 694855 457454 201526 35875 250319 204859 45460 550521 94377 456144 470033 216579 230476 22978 89571 89571 272074 155488 93022 23564 402179 347823 45623 8733 1390004 1202140 157683 30181 allocation of Plant Ope 4163600 3767038 301987 94575 Food Service 1383498 1383498 Contracted services 1322372 704241 618131 Bad debts 1002000 1002000 Uniforms 804819 804819 664048 508861 134129 21058 27661851 21286706 5689695 685450 1500 1502 937908 1630227 4366428 4188876 455839 561402 4989178 213473 140550 877273 804770 41783684 24501625 18012632 17282059 7858250 8736059 65098 0 32788401 38334623 1881122 2593393 2741124 2085822 6500000 6400000 1048601 1791512 12646 2000000 168148 148439 15081906 12288901 X 3813769 10845218 4955892 5795146 8936834 9405358 17706495 26045722 32788401 38334623 X 0 1 1 X 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 7561355 952898 506898 8007355 9591096 -1522441 507300 7561355 0.00000 0.86180 0.13820 1 0 2571602 2571602 35240432 21852170 13388262 3969145 2649455 1319690 2505 2505 17282059 CASH EQUIVALENTS 190888 F EQUITY SECURITIES 3661753 F FIXED INCOME FUNDS 2776638 F Interest in perpetual trust 2106780 F 8736059 Annuities Payable 148439 148439 34501703 27661851 6839852 1499375 1499375 8339227 28432487 192129 192129 28240358 6261345 6261345 34501703 21782539 192129 192129 21590410 6071441 6071441 27661851 Part XI, Line 8 - Other Adjustments: Unrealized gain/loss on investments: 1067719. Unrealized gain/loss on perpetual t: 431656. Part XII, Line 2d - Other Adjustments: FACILITIES RENTAL EXPENSES: 192129. Part XII, Line 4b - Other Adjustments: FINANCIAL AID: 6071441. REALIZED GAIN IN SECURITIES: 189904. Part XIII, Line 2d - Other Adjustments: FACILITY RENTAL EXPENSES: 192129. Part XIII, Line 4b - Other Adjustments: FINANCIAL AID: 6071441. 1 1 1 ADVERTISING INCLUDES THE REQUIRED STATEMENTS REGARDING OUR RACIAL NON-DISCRIMINATORY POLICY IN BOTH PRINT AND RADIO. 1 1 1 1 SCHOLARSHIPS AND FINANCIAL AID ASSISTANCE ARE AWARDED ON THE BASIS OF NEED EXCEPT FOR BAND AND ATHLETICS (BASED ON MERIT). 0 0 0 0 0 0 0 0 1 0 VALLEY FORGE MILITARY ACADEMY AND COLLEGE RECEIVES A GRANT THROUGH THE PENNSYLVANIA HIGHER EDUCATION ASSISTANCE AGENCY INSTITUTIONAL ASSIST GRANT PROGRAM. 1 VARIOUS FUNDRAISING EVENTS 189121 189121 183135 189121 189121 183135 183135 5986 1 VARIOUS 453 6071441 Procedure for Monitoring Grants in the U.S.: Part I, Line 2: Schedule I, Part I, Line 2: VF awards internal merit scholarships based on the cadet's grades (GPA) from his / her previous school and based on financial need. There is a matrix used to determine the amount to be awarded to each cadet. X 1 1 X X 0 0 0 0 0 0 0 1 0 Charles A McGeorge 195004 0 0 0 0 0 22215 0 9846 0 227065 0 256956 0 vinceNT vuono 158080 0 0 0 0 0 4160 0 10888 0 173128 0 180131 0 Part I, Line 1a The social club dues are for a membership to the Overbrook Golf Club for the President in the amount of $2,014. Part I, Line 7 Pursuant to the employment agreement between the Foundation and the Foundation's President, the President can become eligible to earn an annual bonus upon timely achieving of mutually agreed upon goals. PA HIGHER EDUCATIONAL FACILITIES AUTHORITY 232243852 70917NC44 2004-03-01 4000000 cAPitAL PROJEcTS (cONSTRUcTION) 0 0 4200000 200000 4000000 2005 0 0 1 1 0 0 0 0 0 0.00000 0.00000 0.00000 1 0 1 0 NA 0 NA 0 0 FREDERICK BREITENFELD JR SHORT TERM LOAN - CASH BRIDGE FOR ORGANIZATION UNTIL SALE OF SOUTH CAMPUS X 5000 5071 0 1 1 NILES DALLY SHORT TERM LOAN - CASH BRIDGE FOR ORGANIZATION UNTIL SALE OF SOUTH CAMPUS X 5000 5070 0 1 1 WILLIAM R FLOYD JR SHORT TERM LOAN - CASH BRIDGE FOR ORGANIZATION UNTIL SALE OF SOUTH CAMPUS X 200000 202867 0 1 1 J KENT MCNEW SHORT TERM LOAN - CASH BRIDGE FOR ORGANIZATION UNTIL SALE OF SOUTH CAMPUS X 5000 5069 0 1 1 CONRAD E MUHLY IV SHORT TERM LOAN - CASH BRIDGE FOR ORGANIZATION UNTIL SALE OF SOUTH CAMPUS X 200000 202496 0 1 1 IVAN R SABEL SHORT TERM LOAN - CASH BRIDGE FOR ORGANIZATION UNTIL SALE OF SOUTH CAMPUS X 20000 283 0 1 1 GEORGE H SCHILDGE SHORT TERM LOAN - CASH BRIDGE FOR ORGANIZATION UNTIL SALE OF SOUTH CAMPUS X 200000 202833 0 1 1 ROBERT A BACINE ESQ SHORT TERM LOAN - CASH BRIDGE FOR ORGANIZATION UNTIL SALE OF SOUTH CAMPUS X 5000 5058 0 1 1 RICHARD A HOCKER SHORT TERM LOAN - CASH BRIDGE FOR ORGANIZATION UNTIL SALE OF SOUTH CAMPUS X 200000 202333 0 1 1 WESTLEY MOORE SHORT TERM LOAN - CASH BRIDGE FOR ORGANIZATION UNTIL SALE OF SOUTH CAMPUS X 5000 5037 0 1 1 MICHAEL A NOLEN SHORT TERM LOAN - CASH BRIDGE FOR ORGANIZATION UNTIL SALE OF SOUTH CAMPUS X 200000 202400 0 1 1 DANIEL J REAVY SHORT TERM LOAN - CASH BRIDGE FOR ORGANIZATION UNTIL SALE OF SOUTH CAMPUS X 5000 5023 0 1 1 CHRIS ROUSSOS SHORT TERM LOAN - CASH BRIDGE FOR ORGANIZATION UNTIL SALE OF SOUTH CAMPUS X 5000 5061 0 1 1 1048601 RICHARD HOCKER OFFICER OF A FIRM DOING BUSINESS WITH THE ORGANIZATION 12196 THE FOUNDATION MAINTAINS CERTAIN INVESTMENT ACCOUNTS WITH A FINANCIAL SERVICES FIRM OF WHICH RICHARD HOCKER IS AN OFFICER. RICHARD HOCKER IS A TRUSTEE FOR VALLEY FORGE MILITARY ACADEMY FOUNDATION.Investment fees are paid to the financial services firm for management of an investment portfolio. 0 X 2 19925 FAIR MARKET VALUE X 1 17776 FAIR MARKET VALUE X HORSES 7 78498 Fair Market Value X AUCTION ITEMS 37 18483 FAir Market Value X OTHER VARIOUS ITEMS 25 27265 fair Market Value 0 1 0 Form 990, Part VI, Section B, line 11 The organization receives a copy of the 990 from the accounting firm preparing the return. The Controller reviews the 990, followed by the CFO. After review by the Controller and CFO, the form is presented to the Budget, Audit and Finance (BAF) Committee for its review, approval and recommendation. Then, the BAF Committee presents the form to the full Board of Trustees for its review and approval. Form 990, Part VI, Section B, line 12c An annual questionnaire is sent to all Board members and senior staff members documenting whether they are involved in any business with the Foundation that could be construed as giving rise to a potential conflict of interest. These questionnaires are signed by each Board member and senior staff member and returned to the Foundation's CFO. Form 990, Part VI, Section C, line 19 WWW.GUIDESTAR.ORG FORM 990, PART XI, LINE 2C THE ORGANIZATION DOES. NO CHANGE FROM PRIOR YEAR.