2024-05-14T18:01:56-05:00 2023-06-30 953001179 WINDES INC PO BOX 87 LONG BEACH CA 90801 990 2022-07-01 471272243 ROESSLER-CHADWICK FOUNDATION GROUP ROES 3103771543 26800 S ACADEMY DRIVE PALOS VERDES PENINSULA CA 90274 JOHN KJENNER CFO 3103771543 2024-05-14 1 JOHN KJENNER 999009999 1 DONITA JOSEPH P00286656 5624351191 2024-05-14 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z FREDERICK T HILL 26800 S ACADEMY DRIVE PALOS VERDES PENINSULA CA 90274 12176321 0 X WWW.CHADWICKSCHOOL.ORG X 2014 CA THE ORGANIZATION WAS FORMED TO FURTHER THE EXEMPT PURPOSES OF ROESSLER-CHADWICK FOUNDATION (THE FOUNDATION) BY OPERATING AS A SUPPORTING ORGANIZATION TO THE FOUNDATION. 17 16 2 21 0 0 67868 780364 622047 883802 1882539 1368612 338565 291166 2911019 3323944 1363143 1520373 0 0 443273 509369 0 0 0 2336982 2316321 4143398 4346063 -1232379 -1022119 63578089 65940877 11921410 12281164 51656679 53659713 TO FURTHER THE EXEMPT PURPOSES OF ROESSLER-CHADWICK FOUNDATION (THE FOUNDATION) BY OPERATING AS A SUPPORTING ORGANIZATION TO THE FOUNDATION. 0 0 3119713 1520373 883802 THE ORGANIZATION PROVIDES SUPPORTING ACTIVITIES THAT PRIMARILY CONSIST OF HOLDING, INVESTING AND MANAGING ASSETS RECEIVED FROM THE ROESSLER-CHADWICK FOUNDATION (THE FOUNDATION) AND MAKING EXPENDITURES FOR THE BENEFIT OF THE FOUNDATION AND ITS STUDENTS, INCLUDING PROVIDING A SOURCE OF FUNDING FOR THE FOUNDATION'S FINANCIAL AID PROGRAM, AND ENGAGING IN RELATED MANAGERIAL FUNCTIONS. BY SEPARATING THE MANAGEMENT OF THE REAL ESTATE AND INVESTMENTS PREVIOUSLY HELD BY THE FOUNDATION, THE FOUNDATION IS NOW ABLE TO FOCUS IN GREATER PART ON THE OPERATIONS AND EDUCATIONAL MISSION OF EACH OF ITS SCHOOLS WHILE THE ORGANIZATION IS FOCUSED ON ASSET MANAGEMENT, FINANCIAL PLANNING, AND OVERARCHING STRATEGIES FOR THE BENEFIT OF THE FOUNDATION. 3119713 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 0 1 0 1 1 0 0 0 0 0 0 1 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 2 1 0 0 0 0 0 0 0 0 0 0 0 0 X 17 16 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 CA X X JOHN KJENNER 3103771543 26800 S ACADEMY DRIVE PALOS VERDES PENINSULA CA 90274 FREDERICK T HILL PRESIDENT 15.00 40.50 X X 106735 0 25818 ROBERT SCHUCHARD CHAIR 1.00 0.10 X X 0 0 0 RAY RAVAGLIA VICE CHAIR 1.00 X X 0 0 0 ANNE SEVERNS SECRETARY 1.00 2.00 X X 0 0 0 IAN EDDLESTON TREASURER 1.00 2.00 X X 0 0 0 PAUL CHEN DIRECTOR 1.00 2.00 X 0 0 0 ARMAND DAWKINS DIRECTOR 1.00 2.00 X 0 0 0 EDEN WARNER DIRECTOR 1.00 2.00 X 0 0 0 GARFIELD SMITH DIRECTOR 1.00 X 0 0 0 JARED FELT DIRECTOR 1.00 X 0 0 0 JOHN DRYDEN DIRECTOR 1.00 2.00 X 0 0 0 PATRICE HARMON DIRECTOR 1.00 2.00 X 0 0 0 RACHEL NGUYEN DIRECTOR 1.00 2.00 X 0 0 0 RACHEL DERO DEROGATIS DIRECTOR 1.00 X 0 0 0 TOM MOONEY DIRECTOR 1.00 2.00 X 0 0 0 SASKIA SUBRAMANIAN DIRECTOR 1.00 2.00 X 0 0 0 VELVETH SCHMITZ DIRECTOR 1.00 X 0 0 0 JOHN KJENNER CFO 40.00 40.50 X 264684 0 44862 371419 0 70680 2 0 1 0 0 780364 780364 BRANCH CHARGES 900099 883802 883802 883802 877012 877012 150080 18967 131113 131113 131113 9325010 8833245 165 491765 -165 491600 491600 MANAGEMENT SERVICE 900099 160053 160053 160053 3323944 883802 0 1659778 1520373 1520373 463367 463367 24475 24475 21527 21527 123363 123363 65000 65000 106147 106147 11517 11517 616 616 359937 292989 66948 9956 9956 1100 1100 1604854 1306351 298503 1204 1204 ALL OTHER EXPENSES 30725 30725 OPERATING EXPENSE/SUPPL 1902 1902 4346063 3119713 1226350 0 763634 4198 749359 1939852 734474 753448 462514 44762788 22039327 22778692 22723461 36674612 38889422 1414804 1630496 63578089 65940877 210864 279489 10730408 10763802 980138 1237873 11921410 12281164 X 34531003 35214042 17125676 18445671 51656679 53659713 63578089 65940877 X -1022119 2607801 417352 X 0 1 X 1 0 X X 1 ROESSLER-CHADWICK FOUNDATION 950615438 2 1 1520373 0 1 1520373 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 37415846 4694176 1546196 40563826 45712708 67865 -6817871 1386856 160000 37415846 36008863 260150 10730893 1287198 45712708 35053370 826525 1413469 1284501 36008863 34079680 416540 1731453 1174303 35053370 0.57000 0.11000 0.32000 0 0 2266053 2266053 39420573 20157612 19262961 518317 228923 289394 2557845 1652792 905053 22723461 DUE TO COMBINED BRANCHES 1045821 FINANCE LEASE LIABILITIES 192052 1237873 X PART V, LINE 4: EFFECTIVE JULY 1, 2015, THE ROESSLER-CHADWICK FOUNDATION (THE FOUNDATION) TRANSFERRED ITS ENDOWMENT, PHYSICAL PLANT ASSETS, AND CERTAIN INTELLECTUAL PROPERTY TO THE ROESSLER-CHADWICK FOUNDATION GROUP (THE ORGANIZATION), A NEWLY FORMED ENTITY UNDER COMMON BOARD MANAGEMENT. THE INTENDED USE OF THE ORGANIZATION'S ENDOWMENT FUNDS IS TO PROVIDE A SOURCE OF FUNDING FOR THE FOUNDATION'S SCHOLARSHIP PROGRAM. PART X, LINE 2: FIN 48: THE ORGANIZATION IS A PUBLIC CHARITY STRUCTURED AS A NONPROFIT CORPORATION UNDER INTERNAL REVENUE CODE SECTION 501(C)(3). THE ORGANIZATION IS EXEMPT FROM INCOME TAXES, DOMESTIC AND FOREIGN, RELATED TO REVENUE RECEIVED IN CONNECTION WITH EXEMPT PROGRAMS. THE ORGANIZATION RECOGNIZES THE FINANCIAL STATEMENT BENEFIT OF TAX POSITIONS, SUCH AS ITS FILING STATUS AS TAX-EXEMPT, ONLY AFTER DETERMINING THAT THE RELEVANT TAX AUTHORITY WOULD MORE LIKELY THAN NOT SUSTAIN THE POSITION FOLLOWING AN AUDIT. THE ORGANIZATION IS SUBJECT TO POTENTIAL INCOME TAX AUDITS ON OPEN TAX YEARS BY ANY TAXING JURISDICTION IN WHICH IT OPERATES. THE STATUTE OF LIMITATIONS FOR FEDERAL AND CALIFORNIA STATE PURPOSES IS GENERALLY THREE AND FOUR YEARS, RESPECTIVELY. SOUTH KOREA 1 1 SALARY PAID TO OFFICER RESIDING IN SOUTH KOREA 132152 1 1 0 0 1 1 132152 0 132152 0 0 0 0 0 0 PART III ACCOUNTING METHOD: 0 ROESSLER-CHADWICK FOUNDATION 26800 S ACADEMY DRIVE PALOS VERDES PENINSULA CA 90274 950615438 501(C)(3) 1520373 0 ENDOWMENT APPROPRIATIONS 1 X X X X 1 1 X X X X X X 0 0 0 0 0 0 0 0 0 JOHN KJENNER CFO 264684 0 0 0 0 0 27000 0 17862 0 309546 0 0 0 PART I, LINE 1A TED HILL IS WORKING AS AN EXPAT HEAD OF SCHOOL FOR CHADWICK INTERNATIONAL IN SOUTH KOREA. AS IS THE PREVAILING PRACTICE AT INTERNATIONAL SCHOOLS, EXPAT FACULTY AND STAFF HAVE UNIQUE BENEFITS THAT ARE REFLECTED AS INCOME IN THE FORM 990, SUCH AS THE COST OF HOUSING, STUDENT TUITION REMISSION, ANNUAL ROUNDTRIP FLIGHTS TO HOME OF RECORD, AMONG OTHERS. ADDITIONALLY, THE SCHOOL COVERS THE KOREAN INCOME TAXES FOR EXPAT FACULTY AND STAFF. PART I, LINE 3 AT THE TIME CONTRACTS WERE BEING NEGOTIATED FOR TED HILL AS RCFG PRESIDENT (A 20% ROLE) AND CI HEAD OF SCHOOL (AN 80% ROLE) IN 2018, THE BOARD UTILIZED THE DEVICES IDENTIFIED IN THE RESPONSE TO ESTABLISH HIS INITIAL COMPENSATION PACKAGE. SINCE THEN, THE BOARD HAS REVIEWED AND APPROVED SALARY INCREASES AND BONUSES ON AN ANNUAL BASIS. A CALIFORNIA INFRASTRUCTURE & ECONOMIC DEVELOPMENT BANK 2020-12-23 ACQUISITION AND IMPROVEMENT OF FACILITIES 0 0 0 A 21000000 902110 8863021 2050 0 0 0 0 A 0 0 0 0 0 0 0 0 0 A 0 FORM 990, PART VI, SECTION B, LINE 11B DESCRIBE THE PROCESS THE ORGANIZATIONS USES TO REVIEW FORM 990. THE FINANCE COMMITTEE IS PRESENTED A DRAFT OF THE FORM 990 FOR REVIEW. A COPY OF THE FINAL FORM 990 IS THEN DISTRIBUTED TO THE BOARD OF DIRECTORS BEFORE IT IS FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C DESCRIBE HOW THE ORGANIZATION MONITORS AND ENFORCES COMPLIANCE WITH ITS CONFLICT OF INTEREST POLICY. EACH NEW TRUSTEE COMPLETES A "CONFLICT OF INTEREST" QUESTIONNAIRE AND THEN ANNUALLY EACH BOARD MEMBER COMPLETES THE "GOVERNANCE CONFLICT" QUESTIONNAIRE. UPON IDENTIFICATION OF A CONFLICT OF INTEREST, THE CHAIRMAN AND THE BOARD WILL BEST DETERMINE HOW TO PROCEED. FORM 990, PART VI, SECTION C, LINE 19 DESCRIBE HOW THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. THE FORM 990, THE DETERMINATION LETTER, THE CONFLICT OF INTEREST, AND GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST BY THE PUBLIC. A COPY OF THE FORM 990 IS ALSO AVAILABLE ON GUIDESTAR.ORG. FORM 990, PART XI, LINE 9: CAPITAL EXPENDITURE APPROPRIATION 1,373,111. FUND TRANSFER -563,284. PROJECT TERMINATION COSTS -392,475. CHADWICK GLOBAL ENTERPRISES LLC 26800 S ACADEMY DRIVE PALOS VERDES PENINSULA CA 90274 HOLDING CONTRACTS CA 160053 1026752 ROESSLER-CHADWICK FOUNDATION GROUP CHADWICK SCHOLARSHIP FOUNDATION 26800 S ACADEMY DRIVE PALOS VERDES PENINSULA CA 90274 237149456 PROVIDE SOURCES TO PAY TUITION FOR NEEDY STUDENTS CA 501(C)(3) 509(A)(3) TYPE I ROESSLER-CHADWICK FOUNDATION 0 ROESSLER-CHADWICK FOUNDATION 26800 S ACADEMY DRIVE PALOS VERDES PENINSULA CA 90274 950615438 TO EDUCATE CHILDREN FROM KINDERGARTEN TO THE TWELFTH GRADE. CA 501(C)(3) 170(B)(1)(A)II ROESSLER-CHADWICK FOUNDATION 0 0 1 1 0 1 0 0 0 0 1 0 1 0 1 1 1 1 0 0