The Fairfield Country Day School Corporation

“As set forth in the school's certificate of incorporation, the members of the school ("members") consist of the following persons: (a) each natural parent, adoptive parent and legal guardian of a child presently attending the school (a "parent"); (b) each duly elected and presently serving member of the corporation's board of trustees ("trustees"); and (c) the presently serving headmaster of the school.”

“The sole right of members is to elect the board of trustees (the "board") in accordance with the school's bylaws. Except in the case of a parent, each member has one vote. Each parent receives one vote divided by the total number of persons who serve as parents in common with respect to a child attending the school. In no event will any member have more than one vote, even if his or her status is based on more than one qualification above. The vote of a member who is a parent is determined exclusively on the basis of his or her qualification as a parent, regardless of any other membership qualification. The vote of a parent is not increased due to the fact that he or she may have more than one child currently attending the school.”

“The school has its form 990 prepared by an outside accounting firm. Once the form 990 is prepared, it is reviewed by the treasurer of the board. An email is sent to the full board of trustees notifying them that the return is available to review on the board's secure portal. After the return is made available, the treasurer will approve the return for filing with the internal revenue service.”

“The school has a written conflict of interest policy whereby all trustees and officers are required to complete a conflict of interest disclosure form on an annual basis. The form requires the trustee to indicate any potential conflicts. If a conflict is indicated, the executive committee of the board reviews the potential conflict and determines if a conflict exists and any restrictions on the activity or the board member's participation required.”

“The executive committee of the board utilizes the national association of independent school statistic reports to determine the head of school's compensation. Every year data is analyzed relative to peer school compensation packages before compensation is set for the position. The executive committee sets the salary every year prior to the start of the school year. This process was last undertaken during fiscal year 2024.”

“The school makes its form 990 available for public inspection as required under section 6104 of the internal revenue code. The governing documents, conflict of interest policy, and financial statements are available to the public upon request.”

“The school has a committee that assumes responsibility for oversight of the audit of its financial statements and selection of an independent accountant. This process did not change from the prior year.”