2026-05-14T18:56:39-05:00 2025-06-30 410746749 CLIFTONLARSONALLEN LLP 29 SOUTH MAIN STREET WEST HARTFORD CT 06107 990 2024-07-01 060646960 TRUSTEES OF WESTMINSTER SCHOOL INC TRUS 8604083000 995 HOPMEADOW STREET SIMSBURY CT 06070 JULIE COLLINS CHIEF FINANCIAL OFFICER 8604083000 2026-05-14 1 1 JOHN TOSCANO P00358542 8605614000 2026-05-14 2024 2025-03-06 01:10:19Z ELAINE WHITE 995 HOPMEADOW STREET SIMSBURY CT 06070 53705250 0 X WWW.WESTMINSTER-SCHOOL.ORG X 1935 CT PROVIDE EDUCATIONAL PROGRAMS AND RELATED ACTIVITIES TO STUDENTS IN GRADES 9 THROUGH 12. 26 26 280 450 153334 0 8657795 10715736 29457012 30127341 7135455 5281057 259811 609744 45510073 46733878 6646292 7541948 0 0 17740098 17572877 39570 110202 3008359 18396006 19962658 42821966 45187685 2688107 1546193 252666482 268209809 70444018 69055419 182222464 199154390 PROVIDE EDUCATIONAL PROGRAMS AND RELATED ACTIVITES TO STUDENTS IN GRADES 9 THROUGH 12. 0 0 37405323 7541948 30186466 PROVISION OF EDUCATIONAL PROGRAMS AND RELATED ACTIVITIES TO STUDENTS IN GRADES 9 THROUGH 12 (APPROXIMATELY 425 STUDENTS) 37405323 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 0 1 0 1 0 1 0 0 1 0 0 0 1 1 1 1 0 0 0 0 0 1 0 0 1 0 1 0 0 0 0 1 1 0 0 0 1 133 0 1 280 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 26 26 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 X JULIE COLLINS 8604083000 995 HOPMEADOW STREET SIMSBURY CT 06070 RENEE L CARREL CHAIR 2.00 X X 0 0 0 IAN MORTON TREASURER 2.00 X X 0 0 0 SARA L WHITELEY SECRETARY 2.00 X X 0 0 0 JEFFREY H ARTIS TRUSTEE 1.00 X 0 0 0 ELISABETH GAILUN BAIRD TRUSTEE 1.00 X 0 0 0 CHRISTOPHER M BECK TRUSTEE 1.00 X 0 0 0 WILLIAM L BECKFORD TRUSTEE 1.00 X 0 0 0 CHRISTOPHER J CAMPBELL TRUSTEE 1.00 X 0 0 0 EDWARD V DARDANI JR TRUSTEE 1.00 X 0 0 0 HARVEY CHARLES DEMOVICK III TRUSTEE 1.00 X 0 0 0 S COLIN DOWLING TRUSTEE 1.00 X 0 0 0 HALLE GRACE TRUSTEE 1.00 X 0 0 0 EUNICE J HAN TRUSTEE 1.00 X 0 0 0 POWELL W HOLLY III TRUSTEE 1.00 X 0 0 0 MARTIN R IRANI TRUSTEE 1.00 X 0 0 0 KATHEREINE B KELTER TRUSTEE 1.00 X 0 0 0 DAVID W KISTLER TRUSTEE 1.00 X 0 0 0 ASHLEY LADD TRUSTEE 1.00 X 0 0 0 SHANNON LANZONE TRUSTEE 1.00 X 0 0 0 PHILIP LAUDERDALE TRUSTEE 1.00 X 0 0 0 BRYAN MARTIN TRUSTEE 1.00 X 0 0 0 MARY MINNS PECK TRUSTEE 1.00 X 0 0 0 REGINA ROCKEFELLER TRUSTEE (09/24 THRU 04/25) 1.00 X 0 0 0 KATHLEEN SCHUSTER TRUSTEE 1.00 X 0 0 0 GARY L SIMPSON TRUSTEE 1.00 X 0 0 0 MATHEW L WARNER TRUSTEE 1.00 X 0 0 0 KIRSTEN SICHLER WEBB TRUSTEE 1.00 X 0 0 0 ELAINE WHITE HEAD OF SCHOOL 40.00 X 403530 0 114767 JULIE COLLINS CHIEF FINANCIAL OFFICER, ASST TREASURER 40.00 X 292189 0 93421 NEWELL GRANT DIR OF ADVANCEMENT, ASST SECRETARY 40.00 X 170370 0 88458 MILES E BAILEY DEAN OF ADMISSIONS 40.00 X 174724 0 98104 SHANNON E O'SHAUGHESSY DIR OF ADVANCEMENT OPERATIONS 40.00 X 174512 0 118411 JESSICA KEOUGH ASSOCIATE HEAD OF SCHOOL 40.00 X 162855 0 96970 PHIL RYAN DIRECTOR OF FACILITIES & SECURITY OPS 40.00 X 160245 0 14357 WILLARD SISTARE DIRECTOR OF STUDIES 40.00 X 150628 0 44646 1689053 0 669134 23 0 1 0 FLIK PO BOX 417632 BOSTON MA 022417632 DINING 2494722 BARTLETT BRAINARD EACOTT INC 70 GRIFFIN ROAD SOUTH BLOOMFIELD CT 06002 CONSTRUCTION/FACILITIES 969471 BUILDING ONE FACILITY SERVICES LLC 57 OZICK DRIVE SUITE A DURHAM CT 06422 CLEANING SERVICES/FACILITIES 753140 MARCHION & FAUCHER INC 336 STAMM ROAD NEWINGTON CT 06111 TREE REMOVAL/FACILITIES 361303 VANCORD 500 BOSTON ROAD MILFORD CT 06460 SOFTWARE 326697 13 10715736 527456 10715736 TUITION AND FEES 611110 29485017 29485017 STUDENT ACTIVITES AND FEES 611110 642324 642324 30127341 4219268 4219268 7919321 6857532 1061789 1061789 1061789 172965 113840 59125 59125 INSURANCE PROCEEDS - STORM DAMAGE 900099 322246 322246 HOCKEY RINK 713940 102683 102683 OTHER REVENUES 611710 75039 75039 50651 50651 550619 46733878 30186466 153334 5678342 120000 120000 7421948 7421948 1103944 202994 488460 412490 88122 27906 60216 11785433 8921256 1395525 1468652 1083304 807203 128956 147145 2607943 2279624 128251 200068 904131 648225 130108 125798 63528 63528 64613 64613 110202 110202 727393 727393 928513 745805 125417 57291 267106 59496 196717 10893 328542 263773 43617 21152 3879702 3765425 76571 37706 348194 77652 161534 109008 1362597 1321719 27252 13626 5844658 5669318 116893 58447 ACADEMIC DEPARTMENT PRO 2812828 1841234 782111 189483 DINING SERVICES 2392153 2392153 AUXILIARY SERVICES 257585 257585 685246 582007 56841 46398 45187685 37405323 4774003 3008359 3270333 3004085 40872830 43818825 10815933 12058166 10827380 11259683 141033 131931 700742 654922 165488 153392 162698 360903 189384788 113438726 79424401 75946062 20766655 15751586 84298424 103427678 1220565 1642576 252666482 268209809 2227846 1848659 20863422 21321826 46848418 45127482 504332 757452 70444018 69055419 X 104837443 110036855 77385021 89117535 182222464 199154390 252666482 268209809 X 1546193 15387298 -1565 X X 0 1 X 1 0 X 20607220 5063105 5938530 8657795 10715736 50982386 20607220 5063105 5938530 8657795 10715736 50982386 599437 50382949 877728 1109965 6004657 4515088 4219268 16726706 42190 204186 21358 109742 153334 530810 78411 37282 170381 79730 397285 763089 69002991 141151535 0.73020 0.60480 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER REVENUES - 2020 AMOUNT: $ 78,411. 2021 AMOUNT: $ 37,282. 2022 AMOUNT: $ 170,381. 2023 AMOUNT: $ 79,730. 2024 AMOUNT: $ 397,285. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 139029090 5294275 19181143 1434273 4375727 157694508 127520557 5639841 11568692 1384788 4315212 139029090 120548987 1365425 11031145 1314381 4110619 127520557 145015408 2078268 -21359689 916644 4268356 120548987 106599488 14855327 28610593 905906 4144094 145015408 0.49490 0.50510 0.00000 0 0 4392043 4392043 156170575 87622732 68547843 12294588 11122181 1172407 16527582 14693813 1833769 75946062 EQUITIES 42194118 F HEDGED EQUITY 24671261 F PRIVATE EQUITY 13935619 F ABSOLUTE RETURN 22626680 F 103427678 LIABILITY UNDER SPLIT INTEREST 757452 757452 53139571 15387298 -8368052 7019246 46120325 727393 -113840 613553 46733878 36037189 113840 113840 35923349 727393 8536943 9264336 45187685 PART V, LINE 4: ENDOWMENT FUNDS SUPPORT SCHOLARSHIPS, FACULTY ENRICHMENT, INSTRUCTION, STUDENT ACTIVITIES, AND LIBRARY AND CAPITAL IMPROVEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS 168,891. FINANCIAL AID/TUITION REMISSION NETTED WITH REVENUE -8,536,943. PART XI, LINE 4B - OTHER ADJUSTMENTS: CAMPUS STORE EXPENSES -113,840. PART XII, LINE 2D - OTHER ADJUSTMENTS: CAMPUS STORE EXPENSES 113,840. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID/TUITION REMISSION NETTED WITH REVENUE 8,536,943. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 WESTMINSTER SCHOOL'S RACIALLY NONDISCRIMINATORY POLICY IS INCLUDED IN INTERNAL AND EXTERNAL COMMUNICATIONS, IN ADDITION TO ITS DISCLOSURE AT THE BOTTOM OF EVERY PAGE OF THE WEBSITE. CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, 0 0 INVESTMENTS 35210169 0 0 0 0 0 0 35210169 0 35210169 0 0 0 0 1 0 SCHEDULE F, PART I, LINE 3: INVESTMENTS REPORTED ARE HELD AS PART OF THE SCHOOL'S ENDOWMENT. X X X X X 1 MEGAN TAGGARD 20 ARROWHEAD DRIVE WEST SIMSBURY CT 06092 FUNDRAISING CONSULTING 0 0 9500 0 BIG PHILANTRHOPY LLC 7917 HAMPTON LAKE DR TAMPA FL 33647 FUNDRAISING CONSULTING 0 0 36627 0 CAHN CONSULTING 5 FIELDSTONE WAY WELLESLEY MA 02482 FUNDRAISING CONSULTING 0 0 64076 0 110203 CT 1 TOWN OF SIMSBURY 933 HOPMEADOW STREET SIMSBURY CT 06070 TOWN OF SIMSBURY 0 120000 N/A N/A CHARITABLE CONTRIBUTION 1 0 SCHOLARSHIPS 160 7032377 FMV TUITION ASSISTANCE SUPPLEMENTAL FINANCIAL AID 43 389571 FMV BOOKS, FEES, HEALTH INSURANCE AND ADDITIONAL INCIDENTAL EXPENSES FOR QUALIFIED STUDENTS ON THE BASIS OF NEED. PART I, LINE 2: FINANCIAL AID IS AVAILABLE FOR QUALIFIED STUDENTS ON THE BASIS OF NEED DETERMINED BY SCHOOL AND STUDENT SERVICES GUIDELINES WHICH PROVIDES A FINANCIAL AID NEED ANALYSIS BASED ON CONFIDENTIAL INFORMATION PROVIDED BY FAMILIES. THE SCHOLARSHIPS ARE AWARDED IN AN OBJECTIVE AND NONDISCRIMINATORY MANNER. ALL SCHOLARSHIPS ARE MADE DIRECTLY AS CREDITS AGAINST STUDENT ACCOUNTS AND NO CASH REFUNDS ARE ISSUED FOR ANY PURPOSE. X X 1 1 X X X 0 1 0 0 0 0 0 0 0 ELAINE WHITE HEAD OF SCHOOL 403018 0 512 0 0 0 43125 0 71642 0 518297 0 0 0 JULIE COLLINS CHIEF FINANCIAL OFFICER, ASST TREASU 291677 0 512 0 0 0 37428 0 55993 0 385610 0 0 0 SHANNON E O'SHAUGHESSY DIR OF ADVANCEMENT OPERATIONS 164971 0 541 0 9000 0 22876 0 95535 0 292923 0 0 0 MILES E BAILEY DEAN OF ADMISSIONS 174183 0 541 0 0 0 22876 0 75228 0 272828 0 0 0 JESSICA KEOUGH ASSOCIATE HEAD OF SCHOOL 159814 0 541 0 2500 0 21153 0 75817 0 259825 0 0 0 NEWELL GRANT DIR OF ADVANCEMENT, ASST SECRETARY 169829 0 541 0 0 0 22876 0 65582 0 258828 0 0 0 WILLARD SISTARE DIRECTOR OF STUDIES 149087 0 541 0 1000 0 18979 0 25667 0 195274 0 0 0 PHIL RYAN DIRECTOR OF FACILITIES & SECURITY OP 157325 0 920 0 2000 0 14357 0 0 0 174602 0 0 0 PART I, LINE 1A CERTAIN EMPLOYEES ARE REQUIRED TO LIVE ON CAMPUS. THE VALUE OF THIS HOUSING IS INCLUDED IN NONTAXABLE BENEFITS. UNDER THE TERMS OF HER EMPLOYMENT AGREEMENT, THE SCHOOL WILL PAY FOR THE HEAD OF SCHOOL'S MEMBERSHIP IN AN APPROPRIATE CLUB FOR PURPOSES OF CONDUCTING SCHOOL BUSINESS AND OTHER ACTIVITIES NECESSARY FOR THE HEAD OF SCHOOL TO CARRY OUT HER RESPONSIBILITIES. PART I, LINE 4B ELAINE WHITE PARTICIPATES IN A SECTION 457 (F) PLAN, THE BENEFITS FROM WHICH ARE SUBJECT TO VESTING SCHEDULES. A STATE OF CONNECTICUT HEALTH AND EDUCATIONAL FACILITIES AUTHORITY - SERIES K 060806186 20774Y7P6 2019-04-11 9031319 REFUND SERIES F & SERIES G 0 0 0 B STATE OF CONNECTICUT HEALTH AND EDUCATIONAL FACILITIES AUTHORITY SERIES L-1 060806186 2021-01-06 19905887 REFUND SERIES I & SERIES J 0 0 0 C STATE OF CONNECTICUT HEALTH AND EDUCATIONAL FACILITIES AUTHORITY - SERIES M 060806186 2024-07-02 16779872 REFINANCE SERIES L-3 0 0 0 A 9050798 3119 180543 8867136 1 0 1 1 B 1384459 19905887 172947 19732940 1 0 1 1 C 474902 16799872 16799872 0 0 1 1 A 0 0 0 0 0.00400 0.00400 1 0 1 B 0 0 1 1 0 1 0 1 C 0 0 0 0 1 0 1 A 0 1 0 0 0 0 0 0 1 B 0 1 1 0 0 0 0 0 1 C 0 1 0 0 0 0 0 0 1 A 1 B 1 C 1 PART II, LINE 3 THE DIFFERENCE BETWEEN THE BOND ISSUE PRICE AND THE BOND PROCEEDS IS DUE TO INVESTMENT EARNINGS ON THE BOND PROCEEDS. W THOMAS EARL FORMER CFO MORTGAGE X 232000 131931 0 1 1 131931 BEN COLLINS CHILD OF CFO 60216 COMPENSATION AS ACCOUNTS PAYABLE ADMIN 0 CHRISTOPHER WHITE SPOUSE OF THE HEAD OF SCHOOL 27906 COMPENSATION AS SCHOOL ATHLETICS EMPLOYEE 0 X 33 527456 FMV 0 0 1 0 PART I, COLUMN (B): THE AMOUNT REPORTED IN PART I COLUMN (B) REPRESENTS THE NUMBER OF CONTRIBUTIONS. FORM 990, PART VI, SECTION A, LINE 1A THE EXECUTIVE COMMITTEE SHALL HAVE THE GENERAL SUPERVISION OF THE AFFAIRS OF THE CORPORATION. BETWEEN MEETINGS OF THE BOARD OF TRUSTEES, THE EXECUTIVE COMMITTEE MAY EXERCISE ALL POWERS OF THE BOARD OF TRUSTEES EXCEPT THOSE SPECIFICALLY DELEGATED TO OTHER COMMITTEES AND THOSE POWERS BY LAW OR UNDER THE BY-LAWS ARE RESERVED EXCLUSIVELY TO THE BOARD. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED INTERNALLY AND REVIEWED BY INTERNAL MANAGEMENT. THE FORM 990 IS REVIEWED BY OUTSIDE TAX PREPARER. PRIOR TO FILING A COPY IS PROVIDED TO ALL MEMBERS OF THE BOARD OF TRUSTEES. SCHEDULE B - SCHEDULE OF CONTRIBUTORS - IS NOT INCLUDED. FORM 990, PART VI, SECTION B, LINE 12C AN ANNUAL CONFLICT OF INTEREST DISCLOSURE STATEMENT/QUESTIONNAIRE IS PROVIDED TO ALL BOARD OF TRUSTEE MEMBERS IN THE FALL. THE FORMS ARE RETURNED TO THE HEAD'S OFFICE. IF THERE IS AN ACTUAL OR POTENTIAL CONFLICT IT IS DISCLOSED TO AN OFFICER OF THE ORGANIZATION SO THAT SAFEGUARDS CAN BE ESTABLISHED TO PROTECT ALL PARTIES. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION DETERMINATION - FOR THE HEAD OF SCHOOL - THE CHAIRMAN OF THE BOARD ANUALLY PERFORMS A PERFORMANCE REVIEW AND SETS GOALS WITH THE HEAD OF SCHOOL. COMPARABILITY DATA FROM SCHOOLS OF SIMILAR TYPE ARE REVIEWED. COMPENSATION IS SET FROM THIS REVIEW. THE DELIBERATIONS AND DECISIONS REGARDING COMPENSATION ARE DOCUMENTED. FOR ALL OTHER EMPLOYEES - THE BOARD APPROVES OVERALL SALARY PACKAGES FOR ALL OTHER EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 19 FINANCIAL STATEMENTS ARE PROVIDED WHEN REQUESTED. FORM 990, PART XI, LINE 9: LOSS ON BOND REDEMPTION -170,456. CHANGE IN VALUATION OF SPLIT-INTEREST AGREEMENTS 168,891. PART XI, LINE 2C THE ORGANIZATION HAS NOT CHANGED ITS OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR. CHARITABLE REMAINDER TRUST (2) CHARITABLE TRUST CT TRUSTEES OF WESTMINSTER SCHOOL INC T 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0