ROESSLER-CHADWICK FOUNDATION

EIN: 950615438 501(c)(3) Education

PALOS VERDES PENINSULA, CA

Total Revenue
$95,804,266
Total Expenses
$92,302,719
Total Assets
$135,934,762
Net Assets
$38,965,229
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1935
Legal Domicile
CA
Principal Officer
TOM SHEPPARD
Phone
3103771543
Tax Period
2022-07-01 to 2023-06-30

ROESSLER-CHADWICK FOUNDATION, founded in 1935, is a mid-sized nonprofit in the Education sector that reported $95.8M in total revenue in fiscal year 2022. Expenses of $92.3M left a modest 4% surplus.

Mission

CHADWICK SCHOOLS DEVELOP GLOBAL CITIZENS WITH KEEN MINDS, EXEMPLARY CHARACTER, SELF-KNOWLEDGE AND THE ABILITY TO LEAD.

Program Service Accomplishments

Program 1
Expenses: $34,680,671 Revenue: $35,978,714

CHADWICK SCHOOL, FOUNDED IN 1935, IS LOCATED IN PALOS VERDES PENINSULA, CA, SERVING APPROXIMATELY 839 STUDENTS EACH YEAR, K-12. THROUGH ACTIVE PARTICIPATION IN A DIVERSE SCHOOL COMMUNITY, STUDENTS...

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CHADWICK SCHOOL, FOUNDED IN 1935, IS LOCATED IN PALOS VERDES PENINSULA, CA, SERVING APPROXIMATELY 839 STUDENTS EACH YEAR, K-12. THROUGH ACTIVE PARTICIPATION IN A DIVERSE SCHOOL COMMUNITY, STUDENTS PREPARE TO CONTRIBUTE MEANINGFULLY TO THEIR LOCAL, NATIONAL, AND GLOBAL COMMUNITIES. TALENTED AND CARING FACULTY AND STAFF CULTIVATE IN EACH STUDENT THE JOY OF LEARNING, SELF-CONFIDENCE, WELL-BEING, AND THE INDIVIDUAL GIFTS THAT EACH POSSESSES. BY LIVING AND LEARNING IN AN ATMOSPHERE OF INTEGRITY AND TRUST, STUDENTS COME TO EXPECT THE BEST OF THEMSELVES AND OTHERS. OTHER PROGRAM SERVICES INCLUDE AN OUTDOOR EDUCATION PROGRAM THAT IS A MANDATORY PROGRAM FOR STUDENTS FROM GRADES 3 THROUGH 12. ITS PURPOSE IS TIED CLOSELY TO THE SCHOOL'S MISSION WHICH IS TO DEVELOP "SELF CONFIDENT INDIVIDUALS OF EXEMPLARY CHARACTER."

Program 2
Expenses: $40,568,974 Revenue: $47,525,792

CHADWICK INTERNATIONAL (CI), FOUNDED IN 2010, IS A PK-12 INTERNATIONAL SCHOOL FULLY EQUIPPED WITH AN EXCEPTIONAL 500,000 SQUARE FOOT, STATE-OF-THE-ART FACILITY THAT HAS BEEN BUILT IN THE SONGDO...

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CHADWICK INTERNATIONAL (CI), FOUNDED IN 2010, IS A PK-12 INTERNATIONAL SCHOOL FULLY EQUIPPED WITH AN EXCEPTIONAL 500,000 SQUARE FOOT, STATE-OF-THE-ART FACILITY THAT HAS BEEN BUILT IN THE SONGDO INTERNATIONAL BUSINESS DISTRICT IN INCHEON, SOUTH KOREA. DURING THE SCHOOL YEAR ENDING JUNE 30, 2023, THE SCHOOL HAD AN ENROLLMENT OF APPROXIMATELY 1,398 IN GRADES PK-12. CHADWICK INTERNATIONAL ACHIEVES ITS EDUCATIONAL MISSION THROUGH HIGHLY EXPERIENCED AND DEDICATED FACULTY MEMBERS FROM AROUND THE WORLD. THE CURRICULUM AT CHADWICK INTERNATIONAL IS DESIGNED TO MEET THE EDUCATIONAL STANDARDS OF THE INTERNATIONAL BACCALAUREATE (IB) AS WELL AS THE WESTERN ASSOCIATION OF SCHOOLS AND COLLEGES(WASC). CI MAINTAINS A TEACHER TO STUDENT RATIO OF 7:1.

Program 3
Expenses: $594,036 Revenue: $1,012,088

SUMMER PROGRAMS ARE OFFERED EVERY YEAR FOR 5 WEEKS FROM JUNE TO JULY FOR KIDS AGES 4-14. PROGRAMS ARE OFFERED COVERING AREAS LIKE ACADEMIC ENRICHMENT, ARTISTIC INSPIRATION, ATHLETIC INSTRUCTION, AND...

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SUMMER PROGRAMS ARE OFFERED EVERY YEAR FOR 5 WEEKS FROM JUNE TO JULY FOR KIDS AGES 4-14. PROGRAMS ARE OFFERED COVERING AREAS LIKE ACADEMIC ENRICHMENT, ARTISTIC INSPIRATION, ATHLETIC INSTRUCTION, AND A FUN DAYCAMP EXPERIENCE. ALSO OFFERS A BUS SERVICE.

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Trantor Score

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $7,528,337
Program Service Revenue $86,304,932
Investment Income $1,640,336
Other Revenue $330,661
TOTAL REVENUE $95,804,266

Expense Breakdown

Grants Paid $8,657,240
Salaries & Benefits $58,095,052
Fundraising Expenses $1,240,879
Program Expenses $77,561,321
Other Expenses $25,550,427
TOTAL EXPENSES $92,302,719

Year-over-Year Comparison

2022 2021 Change
Revenue $95,804,266 $90,538,058 +0.1%
Expenses $92,302,719 $86,612,886 +0.1%
Net Income $3,501,547 $3,925,172 -0.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
21
Independent Members
20
Employees
484
Volunteers
250

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
10
$2,232,888
Total Directors
21
$953,816
Key Employees
4
$1,357,366
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
FREDERICK T HILL PRESIDENT 40.00
Officer Director
$786,976 $60,105 $953,816
EDEN WARNER CHAIR 2.00
Officer Director
$0 $0 $0
SASKIA SUBRAMANIAN VICE CHAIR 2.00
Officer Director
$0 $0 $0
IAN EDDLESTON TREASURER 2.00
Officer Director
$0 $0 $0
PAUL CHEN SECRETARY 2.00
Officer Director
$0 $0 $0
ARMAND DAWKINS TRUSTEE 2.00
Director
$0 $0 $0
JENN CHOU TRUSTEE 2.00
Director
$0 $0 $0
JOHN DRYDEN TRUSTEE 2.00
Director
$0 $0 $0
SAMANTHA NADELLA TRUSTEE 2.00
Director
$0 $0 $0
PAM FREER TRUSTEE 2.00
Director
$0 $0 $0
PATRICE HARMON TRUSTEE 2.00
Director
$0 $0 $0
RUTH MACFARLANE TRUSTEE 2.00
Director
$0 $0 $0
TOM MOONEY TRUSTEE 2.00
Director
$0 $0 $0
RACHEL NGUYEN TRUSTEE 2.00
Director
$0 $0 $0
STEPHANI UCHIMA-CARNEY TRUSTEE 2.00
Director
$0 $0 $0
JASON RO TRUSTEE 2.00
Director
$0 $0 $0
DEREK ROTH TRUSTEE 2.00
Director
$0 $0 $0
ANNE SEVERNS TRUSTEE 2.00
Director
$0 $0 $0
RENITA SMITH TRUSTEE 2.00
Director
$0 $0 $0
NICK TELL TRUSTEE 2.00
Director
$0 $0 $0
MATT WILSON TRUSTEE 2.00
Director
$0 $0 $0
WILLIE MICHELLE LUKE HEAD OF SCHOOL 40.00
Officer
$0 $0 $0
TOM SHEPPARD INTERIM HEAD OF SCHOOL 40.00
Officer
$336,978 $60,729 $397,707
ROBERT HORNE CFO - CHADWICK SCHOOL PV CAMPUS 40.00
Officer
$242,655 $53,177 $295,832
JOHN KJENNER CFO - RCFG 2.00
Officer
$0 $44,862 $309,546
SUN HOO CHUNG CFO - KOREA 40.00
Officer
$240,071 $35,916 $275,987
BOBBY FAGOGENIS ASSISTANT HEAD OF SCHOOL - KOREA 40.00
Key Emp
$295,397 $91,075 $386,472
JULIAN TAYLOR VILLAGE SCHOOL PRINCIPAL - KOREA 40.00
Key Emp
$341,174 $94,028 $435,202
JACQUELINE CAMERON MIDDLE SCHOOL PRINCIPAL - KOREA 40.00
Key Emp
$248,348 $25,509 $273,857
JOSEPH LEVNO UPPER SCHOOL PRINCIPAL - KOREA 40.00
Key Emp
$236,144 $25,691 $261,835
TIMOTHY LINN AQUATIC DIRECTOR - KOREA 40.00
Highest
$261,330 $115,002 $376,332
DAVID SNIPES ATHLETIC DIRECTOR - KOREA 40.00
Highest
$247,789 $79,825 $327,614
VINCENT SCHACHNER AUXILIARY PROGRAM DIRECTOR - KOREA 40.00
Highest
$229,617 $87,631 $317,248
PRIYANKA SINGH PE TEACHER 40.00
Highest
$238,511 $91,355 $329,866
UN NA HUH EXTERNAL AFFAIRS DIRECTOR - KOREA 40.00
Highest
$248,844 $24,554 $273,398
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 No data No data No data No data
2023 $95,804,266 $92,302,719 $135,934,762 $3,501,547
2022 $90,538,058 $86,612,886 $135,058,819 $3,925,172
2021 $85,001,982 $82,685,204 $148,653,684 $2,316,778
2020 $82,286,390 $79,708,565 $134,311,023 $2,577,825
2019 $81,265,388 $78,039,208 $78,383,317 $3,226,180
2018 $76,349,562 $73,467,267 $74,521,118 $2,882,295
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