Skip to content
Nonprofiteer
← BOARD OF TRUSTEES OF THE SHEFFIELD SCIENTIFIC SCHOOL

Form 990 for tax year 2022

Filed by BOARD OF TRUSTEES OF THE SHEFFIELD SCIENTIFIC SCHOOL.

Totals

Total revenue
$24,952,866
Total expenses
$24,950,583
Contributions and grants received
$0
Grants paid
$23,391,349
Program service revenue
$0
Investment income
$24,952,866
Other revenue
$0
Total assets, end of year
$597,989,685
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$597,989,685
Program services expenses (Part IX)
$23,391,349
Management and general expenses
$1,559,234
Fundraising expenses
$0
Program service expenses (Part III)
$23,391,349

Program services were 93.8% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 2f · All other program service revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 3 · Investment income

    total $24,952,866 · excluded $24,952,866

  • 6c · Rental income or loss

    real property $0 · personal property $0

  • 7c · Gain or loss

    securities $0 · other assets $0

  • 11d · All other revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 11e · Other revenue, total

    $0

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $23,391,349 · program services $23,391,349

  • 11g · Fees: other

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 24a · Other expenses: Administrative Fee

    total $1,559,234 · management and general $1,559,234

  • 24e · All other expenses

    total $0 · program services $0 · management and general $0 · fundraising $0

Balance sheet

Part X, book values.

  • 5 · Loans and receivables from officers and key people

    beginning of year $0 · end of year $0

  • 6 · Loans and receivables from disqualified persons

    beginning of year $0 · end of year $0

  • 10a · Land, buildings and equipment: cost or other basis

    $0

  • 10b · Land, buildings and equipment: accumulated depreciation

    $0

  • 10c · Land, buildings and equipment, net

    beginning of year $0 · end of year $0

  • 12 · Investments: other securities

    beginning of year $613,643,340 · end of year $597,846,795

  • 13 · Investments: program-related

    beginning of year $0

  • 15 · Other assets

    beginning of year $140,607 · end of year $142,890

  • 22 · Loans and payables to officers and key people

    beginning of year $0 · end of year $0

  • 25 · Other liabilities

    beginning of year $0 · end of year $0

  • 27 · Net assets without donor restrictions

    beginning of year $343,724,978 · end of year $334,707,382

  • 28 · Net assets with donor restrictions

    beginning of year $270,058,969 · end of year $263,282,303

Mission and programs · 2022

Mission

THE PRIMARY EXEMPT PURPOSE OF THE BOARD OF TRUSTEES OF THE SHEFFIELD SCIENTIFIC SCHOOL IS TO PROMOTE THE STUDY OF THE PHYSICAL, NATURAL AND MATHEMATICAL SCIENCES IN THE SHEFFIELD SCIENTIFIC SCHOOL.

Activities or mission (Part I)

TO PROMOTE THE STUDY OF THE PHYSICAL, NATURAL AND MATHEMATICAL SCIENCES.

  • support for the study of physical, natural and mathematical sciences in the Sheffield scientific school to be used for student financial aid, educational and research expenditures, and other purposes in accordance with the terms of various fund indentures.

    Expenses $23,391,349 · Grants $23,391,349

As filed on the 2022 return.

Listed in Part VII

  • Kimberly M Goff-Crews

    Secretary & Trustee

    Total calculated
    $545,117
    From this org
    $0
    From related orgs
    $499,063
    Other
    $46,054
    Hours/week
    1 + 50 related

    Schedule J breakdown matched by us

    Base
    $0 + $478,563 related
    Bonus
    $0
    Other
    $0 + $20,500 related
    Deferred
    $0 + $34,450 related
    Nontaxable benefits
    $0 + $11,604 related
    Filer's total
    $0 + $545,117 related

  • Peter Salovey

    President & Trustee (Ex-Officio)

    Total calculated
    $2,318,366
    From this org
    $0
    From related orgs
    $2,209,809
    Other
    $108,557
    Hours/week
    1 + 51.2 related

    Schedule J breakdown matched by us

    Base
    $0 + $1,450,796 related
    Bonus
    $0
    Other
    $0 + $759,013 related
    Deferred
    $0 + $34,450 related
    Nontaxable benefits
    $0 + $74,107 related
    Filer's total
    $0 + $2,318,366 related

  • Stephen C Murphy

    Treasurer & Trustee

    Total calculated
    $637,094
    From this org
    $0
    From related orgs
    $550,754
    Other
    $86,340
    Hours/week
    1 + 53.6 related

    Schedule J breakdown matched by us

    Base
    $0 + $530,254 related
    Bonus
    $0
    Other
    $0 + $20,500 related
    Deferred
    $0 + $34,450 related
    Nontaxable benefits
    $0 + $51,890 related
    Filer's total
    $0 + $637,094 related

  • David Skelly

    Trustee (Ex-officio)

    Total calculated
    $324,052
    From this org
    $0
    From related orgs
    $261,119
    Other
    $62,933
    Hours/week
    1 + 50 related

    Schedule J breakdown matched by us

    Base
    $0 + $261,119 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $30,403 related
    Nontaxable benefits
    $0 + $32,530 related
    Filer's total
    $0 + $324,052 related

  • Edward Miner Ned Lamont Jr

    Trustee (Ex-Officio)

    Total calculated
    $0
    Hours/week
    0

  • Jaehong Kim

    Trustee (Effective 12/9/22)

    Total calculated
    $329,521
    From this org
    $0
    From related orgs
    $259,442
    Other
    $70,079
    Hours/week
    1 + 50 related

    Schedule J breakdown matched by us

    Base
    $0 + $257,442 related
    Bonus
    $0 + $2,000 related
    Other
    $0
    Deferred
    $0 + $29,876 related
    Nontaxable benefits
    $0 + $40,203 related
    Filer's total
    $0 + $329,521 related

  • Kathryn Miller-Jensen

    Trustee

    Total calculated
    $217,984
    From this org
    $0
    From related orgs
    $177,498
    Other
    $40,486
    Hours/week
    1 + 50 related

    Schedule J breakdown matched by us

    Base
    $0 + $156,998 related
    Bonus
    $0
    Other
    $0 + $20,500 related
    Deferred
    $0 + $19,299 related
    Nontaxable benefits
    $0 + $21,187 related
    Filer's total
    $0 + $217,984 related

  • Peter Schiffer

    Trustee

    Total calculated
    $434,093
    From this org
    $0
    From related orgs
    $365,909
    Other
    $68,184
    Hours/week
    1 + 50 related

    Schedule J breakdown matched by us

    Base
    $0 + $330,409 related
    Bonus
    $0
    Other
    $0 + $35,500 related
    Deferred
    $0 + $34,450 related
    Nontaxable benefits
    $0 + $33,734 related
    Filer's total
    $0 + $434,093 related

  • Victor E Henrich

    Trustee

    Total calculated
    $0
    Hours/week
    1 + 1 related

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 4b · Supplemental nonqualified retirement plan

Answered no

  • 4a · Severance or change-of-control payment
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan
A listed person participated in a supplemental non-qualified retirement plan during the calendar year 2022 as described below: Yale University, A supported organization, agreed to supplement the retirement income for an officer/trustee of the board of trustees of the Sheffield scientific school, in his capacity as a Yale employee, by making an annual contribution to a non-qualified deferred compensation plan, subject to vesting conditions based on continuing service to the University and adjusted for earnings based on positive performance of the Yale University endowment. A portion of this benefit vested in 2022 and is reflected in schedule J, part II, column (B)(III).
Schedule J, Part I Lines 1-3
Because the officers and trustees do not receive any compensation from the board of trustees of the Sheffield scientific school, lines 1-3 were left blank.
Schedule J, Part II, Column (F) Compensation reported in prior Form 990
This amount is also included in column (E). It is, therefore, double reported in part ii and does not represent additional compensation.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

  • See Part VII

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • See Part VII

Provenance

Return type
form_990
Tax year
2022
Filed
14 May 2024
IRS schema version
2022v5.0
Source object
202421359349306037

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.