The Whitby School Incorporated

“The school's form 990 is prepared by an independent public accounting firm that is familiar with the filing obligations imposed upon tax-exempt schools. The accounting firm discusses a draft of that form 990 with the school's chief financial officer and then the draft form 990 is reviewed by tax counsel familiar with the tax filing obligations imposed upon tax-exempt schools. Prior to the filing of form 990, management provides to all members of the board the form 990 and associated schedules with the exception of schedule b schedule of contributors which is withheld due to privacy concerns. Management allows for comments and revisions from the board prior to filing the tax return.”

“Each new person serving as a trustee or officer of the whitby school is required to review a copy of the conflict of interest policy and to acknowledge in writing that he or she has done so. Each new person serving as a trustee, officer or key employee of the whitby school is required to annually complete the conflict of interest disclosure form and agree to comply with the conflict of interest policy.”

“The head of school support and evaluation committee and the compensation committee of the board of trustees review the employment contracts of the head of school and compensation of senior officers, with additional input from the school's outside counsel. Expernal input is obtained from the national association of independent schools, as well as other surverys, including the fairfield westchester independent schools survey of compensation for key administrative positions. The organization periodically engages a professional compensation firm to ensure benchmark accuracy and review of the overall compensation plan.”

“Governing documents, conflict of interest policy and financial statements are available upon request.”

“NO CHANGE IN PROCESS”