Overview
What is The Stanwich School Inc?
The Stanwich School Inc, based in Greenwich, Connecticut, is a nonprofit organization that holds title to real property, which is utilized by its sole member, the Greenwich Country Day School. In a significant event during the year ending June 30, 2018, The Greenwich Country Day School acquired the assets of The Stanwich School. This acquisition resulted in The Stanwich School recognizing a contribution of $17,696,418. With the approval of both schools' boards of trustees, The Greenwich Country Day School assumed all operations of The Stanwich School, aiming to open the Greenwich Country Day High School by September 2019. When The Stanwich School ceased operations on June 30, 2019, this transaction marked a significant transformation in their collaborative educational endeavors.
Official website here: www.gcds.net
Is The Stanwich School Inc legitimate?
The Stanwich School Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Stanwich School Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.gcds.net
What is the mission statement of The Stanwich School Inc?
The Stanwich School Inc., through its real property, facilitated the merger with Greenwich Country Day School in 2018. The merger aimed to incorporate the operations of The Stanwich School, with the goal of launching Greenwich Country Day High School by September 2019. During this transition, The Stanwich School recognized a significant contribution of $17,696,418. After the merger, The Stanwich School ceased its operations, effectively handing over its assets and mission to Greenwich Country Day School. As a result, the mission and activities of The Stanwich School Inc. are now aligned with those of Greenwich Country Day School, although the original mission statement is not provided in the given information.
Official website here: www.gcds.net
What is the revenue of The Stanwich School Inc?
The Stanwich School Inc's revenue in 2023 was $0.
Official website here: www.gcds.net
Who are the executives of The Stanwich School Inc and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $644,551
- Other: $319,367
- Compensation: $0
- Related: $375,031
- Other: $69,636
- Compensation: $0
- Related: $101,996
- Other: $25,834
Official website here: www.gcds.net
Where can I find the form 990 for The Stanwich School Inc?
The Stanwich School Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.gcds.net
Learn more at the official website: www.gcds.net
Mission Statement of The Stanwich School Inc
The Stanwich School Inc, in its capacity, holds the title to real property that is utilized by its sole member, Greenwich Country Day School. In a significant move, Greenwich Country Day School acquired the assets of The Stanwich School in 2018, with the approval of both institutions' boards of trustees. This merger saw Greenwich Country Day School assuming the operations of The Stanwich School, with a primary aim of launching the Greenwich Country Day High School by September 2019. This transition marked the ceasing of operations for The Stanwich School, effective June 30, 2019. As a result of this acquisition, Greenwich Country Day School recognized a contribution of $17,696,418 during the fiscal year ending June 30, 2018. Through this merger, Greenwich Country Day School has inherited The Stanwich School's assets and is carrying forward its mission, albeit under a new identity.
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Impact
October, 2024
The Stanwich School Inc has significantly influenced the educational landscape in Greenwich by facilitating the establishment of the Greenwich Country Day School's high school program. Acquiring the assets of The Stanwich School allowed Greenwich Country Day School to expand its offerings and enhance its educational capacity. This transition aimed to better serve the community by providing a cohesive educational path for students. The recognition of a substantial contribution during the acquisition process highlights the financial impact of The Stanwich School’s assets on the broader educational mission. Ultimately, the evolution of The Stanwich School paved the way for new educational opportunities, ensuring a consistent and comprehensive learning experience for students in the area.
This information is meant to be a general summary of The Stanwich School Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
Assets and Liabilities:
- Total Assets: $32,011,469
- Total Liabilities: $0
- Net Assets: $32,011,469
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Organization Details
Founding Year
1998
Principal Officer
William Auerswald
Website
www.gcds.netNTEE Category
Code: B11 - Education
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