Return of Organization Exempt from Income Tax

990 Return of Organization Exempt From Income Tax Form Under section 501(c), 527, or 4947(a)(7) of the Internal Revenue Code (except black loop benefit bust or private foundation) 202 Depumwt of ma T~wy inIemd Rwe~~. sew " The organization may have to use a copy of this return to satisfy state reporting requirements A Forlhe2002calendar year,ortaxyear period beginning JUL 1 2002 ai B Check It C Name of organization D Employer Identification number sppli~l& P I .0 use IRS M,na,a Istlelild.t or --lehango .,MALVERN PREPARATORY SCHOOL L3-l .S7L070 Na" =Chsng type Number and street (or P 0 box d mail is not delivered to street address) RoaMsurte E Telephone number ~;;av s~asc41B S . WARREN AVENUE ( 484 ) 595-1123 Final Imwc- OroWm Vans City ortown,state orcountry .andZIP+4 F oawnbprteeia¢ O cash [K] A. .I -MALVERN , PA 19355-2707 0 Section 501(e)(3) organizations an049a7(a)(1) nonexemptcharitable trusts H end I era not applicable to section 527 organizations must attach a completed Schedule A (Form 990 or 990-EZ) H(a) is this a group return for affiliates? Yes No H(6) It 'Yes .' enter number of affiliates 10, J Organ lzalinnlypeurockmn"l " U501(c)(3 )q rnsanno) U4947(a)(7)orU52 H(c) Are all affiliates included) N/A Yes No " III No,- attach a list ) N Check here LJ d the organization's gross receipts era normally not more than E25,000 The HBO) Is this a separate return filed by an or- organization need not file Z return with the IRS, but if the organization received d Forth 990 Package in the mail, it should tile d return without financial data Some states require a complete return 110- M Check 11, L-J it the organization is not required to attach Sch B (Form 990.990-EZ .or990-PF) Part 1 Revenue rc enses ana unan es in NOT Assess or tuna balances 1 Contributions, gifts, grants, and similar amounts received a Direct public support to 1 , 291 , 517 .., b Indirect public support lb c Government contributions (pranis) is d Total (add lines 7a through 1c) (cash E 1 , 2 91, 517 . nancash $ ) 1 a 1,291,517 . 2 Program service revenue including government tees and contracts (from Part VII, line 93) 2 10 , 318 r 682 . 3 Membership dues an0assessments 3 49 r 350 . d Interest on sarongs and temporary cash investments o 674 . 5 Dividends and interest tram securities 5 69 , 537 . 6 a Gross rents 6a ,-d ~ h Less rental expenses 6b c Net rental income or (loss) (subtract line 6b from line 6a) 6c m 7 Other investment income (describe " 7 c) E 8 a Gross amount from sale of assets other A Securities B Other w in than inventory 1 , 516 , 229 . Ba Z cc 6 Less cast orother basis andsales expenses 2 , 127 , 405 . Bb c Gain or (loss) (attach schedule) <611 , 176 . >8c d Net gain or (loss) (combine line 8c, columns (A) and (B)) STMT 1 ' BE~ <611 , 176 .> 9 Special events and activities (attach schedule) a Gross revenue (not including $ 0 - of contributions reported an line 1a) 9a 235 , 017 . 0 Less duectexpensesother than fund raising expenses 9h 238 621 . c Net income or (loss) from special events (subtract line 9b from line 9a) SEE STATEMENT 4 9e <3 , 604 . > 10 a Gross sales of inventory, less returns and allowances file 212 , 569 . h Less cast of goods sold 106 180 , 883 . c Gross Drofd or (loss) from sales o1 inventory (attach sche0ule subtract line 10b from lin¢ t STMT 2 tOc 31 , 686 . 11 Other revenue (from Part VII, line 103) 11 ~ 312,212 . RECEIVED

13 Program services (}torn line 44, Column (B)) 7 ' Q"' +9,897,606 . to c 13 Management and general (from line 44, column (C)) p NQ u 1 Q Z0~J~(A 2,167,541 . a 15 Fundraising (from line 44, column (D)) 843,938 . w 16 Payments to affiliates (attach schedule) OGDEN, U 17 Total ex penses add lines 16 and 44 column A 12,909,085 . 18 Excess or (deficit) for the year (subtract line 77 from line 12) <1,450,207 . > N m w 19 Net assets or fund haleness at beginning of year (tram line 73, column (A)) 19,524,128 . a 20 Other changes in net assets or tuna balances (attach explanation) SEE STATEMENT 3 612,485 . 18,686,406 . LHA For Paperwork Reduction Act Notice, sea the separate Instructions Form 990 (2002) 1 23-1352658 and are required for section 501(c)(3) Page 2 ~is but optional for others am C) Management (A) Total and general (D) Fundraising 22 Grants and allocations (attach schedule) Mh : 1195550 . ,.,s 1,195 .550 .1 1,195,550 . ?.=DEMENT 6 , 23 Specific assistance to individuals (attach schedule) 24 Benefits paid to or for members (attach schedule) 25 Compensation o1 officers, directors, etc 26 Other salaries and wages 27 Pension plan contributions 28 Other employee benefits 29 Payroll taxes 30 Professional fundransing fees 31 Accounting fees 32 Legalities 33 Supplies 3 , 784 . 34 Telephone 35 Postage and shipping 16 , 525 . 36 Occupancy 37 Equipment rental and maintenance 38 Printing and publications 66 , 743 . 39 Travel 50 , 403 . 40 Conferences, conventions, and meetings 41 Interest 15,048 . 42 Depreciation, deplellon,etc (attach schedule) 43 Other expenses not covered above (itemize) a h t a e SEE STATEMENT 5 . 44 8~°w`~~meo°e'~"o~"oto~~oeitau~ rio~airynisiBol m)h 1315 1441 12,909,085 . 9,897,606 . 2,167,541 .1 843,'. Joint Costs Check " LJ A you are following SOP 98.2 Are any joint costs from a combined educational campaign and fundraising solicitation reported in (B) Program services ? No- El Yes M No It Yes; enter (I) the aggregate amount of these faint casts $ , (II) the amount allocated to Program services $

What is the organization's primary exempt purposes 11111. Service

All orymxWOmmust OecrIOetheir qempt OuTosa¢hiwavnbln6 dear sndcandaemanner State thsnumGeroldienisswaC pub4mLOntbsue0,atc Dlxws pC111NlRCIII7 Mat 1101101 RIppSURD10 (i0C4011$01(C)p) and (4) OrPflli"tiON NO 4a17(/Xl) nOnuImpl UYltabls nib must also nt/I Me amount of gwis and Nloo4ona to Ohm a COLLEGE PREPARATORY EDUCATION FOR STUDENTS IN GRADES 6 - 12 . RELATED ATHLETIC AND OTHER EXTRA-

and allocations

Form 990 (2002) 2 Form 990(2002) MALVERN PREPARATORY SCHOOL 23-1352658 Page 9

Part IV Balance Sheets

Note Where required, attached schedules end amounts within the description column (A) (8) should beforend-ol-yearamounts only Beginning ofyear End of year

45 Cash -non-interesF6eanng 427 093 . 45 680 023 . 46 Savings and temporary cash investments 1 , 599 , 849 . 46 1 317 149 .

a7 a Accounts receivable 47a 262 224 . b less allowance tordoubtful accounts a7h 75 , 000 . 289 022 . q7c 187 224 .

4B a Pledges receivable 4BaA 1 334 731 . h Less allowance for doubtful accounts OBb 1 723 , 683 . 48s 1 334,731 . 49 Grants receivable 49 50 Receivables from officers, directors, trustees, and key employees 50 N 51 a Other notes and loans receivable 51a h Less allowance for doubtful accounts 51b 51c 52 Inventories lorsale aruse 68 , 083 . 52 46 , 222 . 53 Prepaid expenses and deferred charges 231 279 . 53 211 , 797 . 54 Investments -secunues STMT 7 STMT 8 " ~ Cost D FMV 5 , 519 , 910 . 54 5 , 475 , 453 . 55 a Investments - land, buildings and equipment basis 55a

b Less accumulated depreciation 55b SSc 56 investments-other SEE STATEMENT 9 301 618 . 56 161 355 . 51 a Land,bmldinps,andequipment basis 57a 29 520 001 . 1 b Hess accumulated depreciation STMT 10 sib 9 , 502 , 777 .. 19 777 455 . s7c ~ 20 017 224 . se Other assets (describe " SEE STATEMENT 11 1 258, 839 . 58 94,863 .

30,196 .831 .1591 29 .526 .091 . 60 Accounts payable and accrued expenses 61 Grants payable 62 Deferred revenue N d 63 Loans from officers, directors, trustees, and key employees a 64 a Tax-exempt bond liabilities STMT 12 h Mortgages and other notes payable STMT 1 3 65 Other liabilities (descnbe " OTHER LIABILITIES 1bV,L1C .1 651 1.q0, /34 .

Organ lzalions that follow SFAS 117, cheek here 10' U and complete lines 67 through 69 and lines 73 and 74 d 67 Unresincted 6 , 816 , 565 . 67 15 874 678 . m 68 Temporarily restricted 1 , 190 , 284 . 6e 1 , 207 , 382 . m 69 Permanently restricted 1 , 517 , 279 . 69 1 , 604 r 346 . Organizations that do not follow SFAS 117, check here " 0 and complete lines 70 through 74 70 Capital stock, trust principal, or current funds 70 71 Paid-in or capital surplus, or land, building, and equipment fund 71 a 72 Retained earnings, endowment, accumulated income, or other funds 72 73 Total net assets or fund balances (add lines 67 through 69 or lines 70 through 72, column (A) must equal line 19, column (B) must equal line 21) 9 .524,128 . 7.1 18 .686 .406 .

Form 990 is available for public inspection and, for some people, serves as the pnmary or sole source of information about a particular organization How the public perceives an organization in such cases may be determined by the information presented on its return Therefore, please make sure the return is complete and accurate and fully descnbes, in Pal III, the organization's programs and accomplishments

xzwz, of az m 3 MALVERN PREPARATORY SCHOOL Part IY-A Reconciliation of Revenue per Audited apses per Auattea Financial Statements with Revenue per with Expenses per Return a Total revenue, pains, and other support a total expenses and losses per - peraudited financial statements lio. ~811,027,72§~~W6 . audited financial statements 111,888 992 6 Amounts included an line a but not on Amounts included on line a but not on line 77, Form 990 line 12, Form 990 ' ' (1) Donated services . , s (1) Not unrealized pains and use of facilities $ on investments $ 612,485 . (2) Prior year adjustments (2) Donated services reported on line 20, ., . and use of facilities $ Form 990 $ ~ ¬ (3) Recoveries of prior (9) Losses reported on year grants $ , line 20, Form 990 $ (4) Other (specify) (4) Other (specify) STMT 14 $ 180,883 . STMT 15 $ 180,883 . AdGamounts onlines (l)through (4) " h 793 368 " Add amounts on lines (11) through (4) V ,~180,883 .~ c Line a minus line 6 " s 10 234 361 . e Line a minus line h d Amounts included on line 72, Form 0 Amounts included on line 17, Form 990 but pat on line a 990 but not on line a (7) Investment expanses (7) Investment expenses not included on not included on . , a line 6b, Form 990 S line 6b, Form 990 S . (2) Other (specify) (2) Other (specify) STMT 16 $ 1,224,517 . " STMT 17 = 1,200,976 . Add amounts on lines (1) and (2) " d i , 224 , 517 . Add amounts an lines (1) and (2) 1.200 .976 . e Tout revenue per line 12, Form 990 e Total expenses per line 17, Form 990 (one c plus pine d) " e 11 4 5 8 8 7 8 . (line t plus line 0) 1 a 2 .909,085 . Part V List of Officers. Directors. Trustees . and Kev I ploye05 (List each one even h not compensated Title and average hours (C) Compensation (DconWe (A) Name and address per week devoted to QI not D3~d, enter d;~°

SEE -SCHEDULE -ATTACHED ------

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75 Did any off leer . director, trustee, or key employee receive aggregate compensation of more than $100,000 from your organization and all related organizations, of which more than E70,000 was provided by the related orpaniutions9 It Yes; attach schedule 1 [~D Yes M No Form 990 (2002) 223031 01-22-03 Form 990 PREPARATORY SCHOOL 52658 Page s Yes No 76 Did the organization engage in any activity not previously reported to the IRS If Yes ; attach a detailed description of each activity 76 X 77 Ware any changes made in the organizing or govaminq documents but not reported to the IRS 77 X If -Yes,' attach a conformed copy of the changes 78 a Did the organization have unrelated business gross income of E7,000 or more during the year covered by this velum? 78a ^ X , 6 If Yes; has it filet a tax velum on Form 990-T for this years N/A 7Bb 79 Was there a liquidation, dissolution, termination, or substantial contraction during the years 79( ( ( YX i It Yes,' attach a statement 80 a Is the organization related (other than by association with a statewide or nationwide organization) through common membership, governing bodies, trustees, officers, etc , to any other exempt or nonexempt organization? BOa X h II Yes,' enter the name of the organization 111~ and check whether h is 0 exempt or = nonexempt 81 a Enter direct oindirect political expenditures Seeline 8l instructions I 81a I C b Did the organization file Form 1120-POL far this year Bih ( , ` `~X~~ 82 a Did the organization receive donated services or the use of materials, equipment, or facilities al no charge or at substantially less than fair rental value B2a X h It Yes; you may indicate the value of these items here Do not include this amount as revenue in Part I or as an expense in Pad II (See instructions in Part III ) I 826 ~ N/A 83 a did the organization comply with the public inspection requirements for returns and exemption applications 83a h Did the organization comply with the disclosure requirements relating to paid pro quo contributions? 84 a Did the organization solicit any contributions or gifts that were not tax deductibles 0 If 'Yes," did the organization include with every solicitation an express statement that such contributions or pits were riot tax deductible? N / A 85 507(c)(4), (5), or (6) organizations a Were substantially all dues nondeductible by members N/A 6 Did the organization make only in-house lobbying expenditures of $2,000 or less? N/A It 'Yes' was answered to ether BSa not or 85b, do complete BSc through BSh below unless the organization received a waiver for proxy tax .i owed for the prior year c Dues, assessments, and similar amounts from members 85c N/A O Section 162(e) lobbying and political expenditures 85d N/A e Aggregate nondeductible amount of section 6033(e)(7)(A) dues notices BSe N/A 1 Taxable amount of lobbying and political expenditures (line BSd less 85e) 851 N/A p Does the organization elect to pay the section 6033(e) tax on the amount on line BSf9 N/A h II section 6033(e)(7 )(A) dues notices were sent, does the organization agree to ado the amount on line BSf to its reasonable estimate at dues allocable to nondeductible lobbying and political expenditures far the following tax year? NBA 86 501(c)(7) organizations Enter a Initiation lees and capital contributions included on line 72 862 NBA 6 Gross receipts, included an line 12, for public use of club facilities 866 N/A 87 501(c)(72) orgamzaflonsEnteraGrossincomafrommemDersorsharenolders 87a N/A D Gross income from other sources (DO not net amounts due or paid to other sources against amounts due or received from them ) 87b N/A 88 At any time during the year, did the organization own a 50% or greater interest in a taxable corporation or partnership, or an entity disregarded as separate from the organization under Regulations sections 3017701-2 and 3017701-39 It Yes,' complete Part IX 88 X 89 a 507(c)(3) organizations Enter Amount of tax imposed an the organization during the year under section 4911 " 0 . , section 4912 " 0 . , section 4955 " 0 . b 501(c)(3) and 501(c)(4) organizations Did the organization engage in any section 4958 excess benefit transaction during the year or did h become aware of an excess benefit transaction from a prior year If Yes ; attach a statement explaining each transaction B9h X c Enter Amount of tax imposed on the organization managers or disqualified persons during the year under sections 4912, 4955, and 4958 . 0 . d Enter Amount of lax on line 89c, above, reimbursed by the organization 0 . 90 a List the states with which a copy of this return is filed " PA b Number of employees employed in the pay peno0 that includes March 12, 2002 ~ 906 T 1 36 97 The booksaraincareot to- ANTHONY DIGREGORIO, BUS . MGR . Telephone not (484) 595-1 123

Located at " 418 S . WARREN AVE ., MALVERN, PA ZIP+4 ~ 19355

92 Section 494701(1) nonexempt charitable trusts ding Form 990 m lieu o! Farm 1041- Check here " 0

Forth 990(2002) 5 Form 990 6 31 of the instructions Note Enter gross amounts unless otherwise E) (p) indicated (s) ' (~ J'J Related( or exempt Business Amount Amount 93 Program service revenue code function income a TUITION AND FEES 9,706,800 . b SUMMER PROGRAMS TRANSPORTATION a CAFETERIA e 1 Medicare/Medicaid payments g Fees and contracts from government agencies 94 Membership dues and assessments 95 Interest on savings and temporary cash investments 96 Dividends and interest from secunties 97 Net rental income or (loss) from real estate a debt-financed property b not debt-financed property 98 Net rental income or (loss) from personal property 99 Other investment income 700 Gain or (loss) from sales of assets other than inventory 1 <611 .176 101 Net income or (loss) from special events 102 Gross profit or (loss) tram sales of inventory 103 Other revenue a POOL REVENUE h OTHER REVENUE c D e 104 Subtotal (add columns (B), (0), and (E)) 105 Total (add line 104, columns (B), (D), and (E)) 11. Note Line 105 plus line id, Part 1, should equal the amount on line 12, Pert I aarr vuiRelationshio of Activities to the Accomolishme 32 of the instructions Line Na Explain how each activity for which income is reported in column (E) of Part VII contributed importantly to the accomplishment of the organization's exempt purposes (other than by orovidina funds for such purposes)

32 at the instructions

address, and-EIN of of I Nature of activities income

(a) Did the organization, during tie year, receive any funds, directly or indirectly, (h) Did the organization, during the year, pay premiums, directly or indirectly, on

Please Sign Here r er's' signature PreparercPaid R. X58 Only Yours if STATION SQUE TjdREE eeerse ebb ZIP . 4 PAOLI . PA 1R30 11321 SCHEDULER Organization Exempt Under Section 501(c)(3) OMB No 1545-0047 (Form 990 or B90-EZ) (Except Private Foundation) and Section 507(e), 5011), 501(k), 501(n), or Section 4947(a)(1) Nonexampt Charitable Trust

DeperurentalinaT.ury Supplementary Information-(See separate instructions.) LOOL Inlemsl Revenue5miu jo. MUST he completed by the above organizations and attached to (heir Form 990 or 990-EZ Name of the organ¢ation Employer identification MALVERN PREPARATORY SCHOOL 23 1352658 Compensation of the Five Highest Paid Employees Other Than Officers, Directors, and Trustees (See papa 1 of the instructions List each one If there are none, enter 'None *) (a) Name and address of each employee paid (b) This and average hours r°; of ::°e (e ExpensE per week devoted to (s) Compensation Pie s~y ae,e:~eni'~ account and of more than x50,000 oosi6an ,pmwnuo~ allowances

JAMES -H .- STEWART

MARTIN F .-FARRELL . PIR . OF DEV

PAUL HORNSLETH

FRANK L ._TOSTI--______-______JMID . SCH

STEVEN VALYO PP . SCH HE

421 CONESTOGA RD, BERWYN, PA 40 103,687 . 13 , 918 . 0 . Total number of other employees paid over $50,000 . 4 8 Part 11 Compensation of the Five Highest Paid Independent Contractors for Professional Services (See papa 2 of the instructions List each one whether individuals or firms If there are none, enter 'None -)

(a) Name and address of each independent contractor paid more than $50,000 (6) Type of service (c) Compensation

NONE

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Total number of others receiving aver I I ° °. ,

xa3io,AI-zz-M LHA For Paperwork Reduction Act Notice, see the Instructions; for Form 990 and Form 990-EZ Schedule A (Form 990 or 990-EZ) 2002 7 Schedule A(FOrm990or99D-EZ)2002 MALVERN PREPARATORY SCHOOL 23-1352658 Pape2

Part III ,Statements About Activities (See papa 2 of the instructions ) Yes No

1 During tie year, has the organization attempted to influence national, state, or local legislation, including any attempt to influence public opinion on a legislative matter or referendums It 'Yes,' enter the total expenses paid or incurred In connection with the lobbying activities 1 $ E (Must equal amounts on line 38. Part VI-A, or line i of Part VI-B ) 1 X Organizations that made an election under section 507 (h) by filing Form 5768 must complete Pad VI-A Other organizations checking '` k Yes,' must complete Part VI-8 AND attach a statement giving a detailed description at the lobbying activities 2 During the year, has the organization, either directly or indirectly, engaged in any of the following acts with any substantial contributors . trustees, directors . officers, creators, key employees, or members of their families, or with any taxable organization with which any such person is affiliated as an officer, director, trustee, majority owner, or principal henefciary7 of the answer to any question is 'Yes,' attach a detailed statement explaining the transactions) a Sale, exchange, or leasing of properiy7 ~ 2a ~ ,~X m

6 Lending of money or other extension of credit? I 2h I I X

c Furnishing of goods, services, or facilities? 1 2e 1

d Payment of compensation (or payment or reimbursement of expenses A more than a7,000)9 1 2E I I X

e Transfer of any part of its income or assets 2e X

3 Does the organization make grants for scholarships, fellowships, student loans, etc 7 (See Note below ) 3 X 4 Do you have a section 403(b) annuity plan for your employees 4 X Note Attach e statement to explain how the organization detemunes that individuals or organizations receiving grants or loans from it in furtherance of its charitable programs 'qualify' to receive payments SEE STATEMENT 19 ' ' Pert IV ~ Reason for Non-Private Foundation Status (see papas 3 through 5 of the instructions The organization is not a private foundation bemuse it is (Please check only ONE applicable box ) 5 [::] Achurch,convention ofchurchas,orassociation olchurches Section 170(b)(1)(A)(1) 6 ~ A 5[h001 Section 170(b)(1)(A)(u) (Also complete Part V ) 7 0 A hospital or a cooperative hospital service organization Section 170(b)(1)(A)(ni) 8 ~ A Federal, state, or local government or governmental unit Section 170(h)(7)(A)(v) 9 ~ A medical research organization operated m conjunction with a hospital Section 170(b)(1)(A)(ni) Enter the hospital's name, oily, and state 01 10 0 An organization operated for the benefit of a college or unrversiry owned or operated by a governmental and Section 170(b)(1)(A)(rv) (Also complete the Support Schedule in Part IV-A ) 11a D An organization that normally receives a substantial part of its support tram a governmental unit or from the general public Section 170(b)(1)(A)(a) (Also complete the Support Schedule in Pad IV-A ) 11b D A community trust Section 170(b)(1)(A)(vQ (Also complete the Support Schedule in Pad IV-A ) 12 0 An organization that normally receives (1) more than 33 113% of its support from contributions, membership fees, and gross receipts from activities related to Its charitable, etc , functions- subbed to certain exceptions, and (2) no mare than 33 1/3Y. of its support from gross investment income and unrelated business taxable income (less section 517 tax) from businesses acquired by [ha organization after June 30, 1975 See section 509(a)(2) (Also complete the Support Schedule in Part IV-A )

13 ~ An organization that is not controlled by any disqualified persons (other than foundation managers) and supports organizations described in (1) lines 5 through 12 above, or (2) section 501(c)(4), (5), or (6), d they meet the lest of section 509(a)(2) (See section 509(a)(3) 1 Provide the following information about the supported organizations (See page 5 of the instructions (b) Line number (a) Name(s) 01 supported organization(s) from above

14 ~ An organization organized and operated to test for public safety Section 509(a)(4) (See page 5 of the instructions ~ Schedule A (Form 990 or 990-EZ) 2002

2231 11 01 zz-w Schedule A(FOrm990or990-EZ)2002 MALVERN PREPARATORY SCHOOL 23-1352658 Page 9 P8'R IV-A Support Schedule (Complete only d you checked a box on line 10, 11, or 12 ) Use cash method of accounting N/A Note You ma use the worksheet in the instructions for convertor from the accrual to the cash method of eccounhn Calendar year (orfiscal year beg inning In " (a) 2001 (h) 2000 (c) 1999 (d) 1998 (e) Total 15 Gifts, gents, and contributions received (DO not include unusual rants See line 28 16 Membershi p tees received 17 Gross receipts from admissions, merchandise sold or services performed . or fumishing of facilities m any activity that is related to the organization's charitable, elt, purpose 18 Gross income from interest, dividends, amounts received tram payments on securities loans (section 572(a)(5)), rents, royalties, and unrelated business taxable income (less section 511 taxes) from businesses acquired by the organization after June 30. 1975 19 Net income from unrelated business activities not included in line 18 20 Tax revenues levied 10f the organization's benefit and either paid to it or expended on it behalf 21 The value of services or facilities furnished to the organization by a governmental and without charge Do not include the value of services or facilities generally furnished to the public without charge pp Other income Attach a schedule Do not include pain or (loss) from sale of capital assets 23 Total of lines 15 through 22 0 . 0 . 0 . 0 . 0 24 Line 23 minus line 17 25 Enter 7% of line 23 ` 26 Organizations described on lines 10 or 11 a Enter 2%, of amount in column (e), line 24 . 26a N/A 6 Prepare a list for your records to show the name of and amount contributed by each person (other than a governmental unit or publicly supported organization) whose total gifts for 1998 through 2001 exceeded the amount shown in line 26a Do not file this list with your return Enter the sum 01211 these excess amounts 10- 26b N/A c Total support for section 509(a)(1) test Enter line 24, column (9) 10- 26c N/A d Add Amounts from column (a) for lines 18 19 22 261b " 26a ~N/A e Public support (line 26c minus line 26d total) " 26e NBA 1 Public support percentage (line 26e (numerator) divided by line 26c (denominator)) " 26f NBA % 27 Organizations described an line 12 a For amounts included in lines 15, 16, and 17 that were received from a'disaualified parson ; prepare a list for your records to show the name of, and total amounts received in each year from, each 'disqualified person' Do not file this list with your return Enter the sum of such amounts for each year (2001) (2000) (1999) (1998) D For my amount included in line 17 that was received from each person (other than 'disqualified persons*), prepare d list for your records to show the name of, and amount received for each year, that was more than the larger of (1) tie amount on line 25 for the year or (2) $5,000 (Include in the list organizations described in lines 5 through 11 . as welt as inOrviduals ) Do not file this list with your return After computing the difference between the amount received and the larger amount described in (1) or (2), enter the sum of these differences (the excess amounts) for each year (2001) (2000) (1999) (1998) c Add Amounts from column (e) for lines 15 16 17 20 21 . 27c N/A d Add Line 21a total and line 27b total 1 27E NBA e Public support (line 27c total minus line 27d total) " 27e N/A 1 Total support for section 509(a)(2) cast Enter amount on line 23, column (e) " I 271 ~ N/A p Public support percentage (line 27e (numerator) divided by line 271 (denominator)) 1 27 N/A ,

28 Unusual Grants* For an organization descnbed in line 10, 71, or 12 that received any unusual grants dunnp 1998 through 2001, prepare a list for your retards to show, for each year, the name of the contnbutar, the date and amount of the grant, and a b net description of the nature of the grant Do not file Ihls list with your return Do not include these grants in line 15 Schedule n(Farm990arss0-ez)2002 MALVERN PREPARATORY SCHOOL 23-1352658 PaAe4 Part Y ' Private School Questionnaire (Seepage 7 at the instructions) (To be completed ONLY by schools that checked the box on line 6 in Part IV)

Yes NO 29 Does the organization have a racially nondiscriminatory policy toward students by statement in its charter, bylaws, atharpoveminp instrument, or in a resolution of its governing baCy9 29 X 30 Does the organization include a statement of its racially nondiscriminatory policy toward students in all its brochures, catalogues . and other written communications with the public dealing with student admissions, programs, and scholarships 30 X 31 Has the organization publicized its racially nondiscriminatory policy through newspaper or broadcast media during the period of solicitation for students, or during the registration period rf rt has no solicitation program, in a way that makes the policy known to all parts of the general community it serves 31 X If'Yes,' please describe, if'No ; please explain (If you need more space, attach a separate statement PUBLISHED IN PHILADELPHIA INQUIRER

32 Does the organization maintain tie following a Records indicating tie racial composition of the student body, faculty, and administrative staff 9 6 Records documenting that scholarships and other financial assistance are awarded on a racially nondiscriminatory basis e Copies of all catalogues, brochures, announcements, and other written communications to the public dealing with student admissions, programs, and sCholarships9 0 Copies o1 all material used by the organization or on it behalf to solicit contributions? If you answered 'NO'to any of the above, please explain (II you need more space, attach a separate statement

33 Does the organization discriminate by race in any way with respect to a Students' rights or privileges? 33a X b Admissions policies 33b X c Employment at faculty or administrative statt9 33c X d Scholarships or other financial assistance 33d X e Educational policies 33e X I Use of facilities 331 X g Athletic programs? 33 X h Other extracurricular achvdies? 33h X It you answered 'Ves' to any of the above, please explain (If you need more space, attach a separate statement )

34 a Does the organization receive any financial aid or assistance from a governmental agency? 34a X 6 Has the organization's right to such aid ever been revoked or suspended 34b X If you answered 'Yes'to either 34a or b, please explain using an attached statement 35 Does the organization certify that it has complied with the applicable requirements of sections 4 01 through 4 OS at Rev Proc 75.50, 1975.2 C B 587, covering racial nondiscrimination? If 'NO,' attach an explanation 35 X Schedule A (Farm 990 or 990-EZ) 2002

227191 01 22 07 10 Schedule A 990 or 99o-EZ) 2002 MALVERN PREPARATORY SCHOOL Lobbying Expenditures by Electing Public Charities (Sea cape 9 of the instructions) (7o be completed ONLY by an eligible organization that fled Form 5768) if the omamzahon helonas to an affiliated orouo Check " 6 n d you checked 'a' and '1m (a) (b) Limits on Lobbying Expenditures Affiliated group To 6e completed for ALL term 'expenditures' means amounts paid or incurred totals electing organizations N/A 36 Total lobbying expenditures to influence public opinion (grassroots lobbying) 37 Total lobbying expenditures to influence a legislative body (direct lobbying) 38 Total lobbying expenditures (add lines 36 and 37) 39 Other exempt purpose expenditures 40 Total exempt purpose expenditures (add lines 38 and 39) 41 Lobbying nontaxable amount Enter the amount from the following table If tie amount on line 40 Is - The lobbying nontaxable amount Is - Not aver $500 OW 209A of the arnsiunt an line 40 OverS500,000butnotwxf1000,000 f100000plus 15%alMeaxcmaover 5500000

Over S7000000butnolwuS1500000 5175000plus 10%olPautmaover S7000000 41 Over S1,50D,000outnotover t17,000000 S225 ODD plus 5% of Me emoes, over $1,500 000

Over $17 000 000 $1 000 ODD ( ^ ~ .` . ,I 42 Grassroots nontaxable amount (enter 25% of line 41) 43 Subtract line 42 from line 36 Enter -0-A line 42 is more than line 36 40 Subtract line 41 from line 38 Enter -0-A line 41 is more than line 38 1, 1 Caution 11 there is en amount on either line 43 crime 44, you must file Form 4720

4-Year Averaging Period Under Section 501(h) (Same organisations that made a section 501(h) election do not have to complete all of the five columns below Seethe instructions for lines 45 ihrouah 50 an plane t t of the instructions)

Lobbying Expenditures During 4-Year Averaging Period

Calendar year (or (a) (h) (c) (d) (e) fiscal year beginning In) 1 2002 2001 2000 1999 Total 45 Lobbying nontaxable amount 0 . 46 Lobbying ceiling amount , , . ,` 150% of line 45(e)) 11 0 . 47 Total lobbying expenditures 48 Grassroots nontaxable amount 0 . 49 Grassroots ceiling amount 150% of line 48 (B)) s 50 Grassroots lobbying

Part YI-B Lobbying Activity by Nonelectmg Public Charities (For reporting only by organizations that did not complete Part VI-A) (See page 11 of the instructions N/A During the year, did the organization attempt to influence national, state or local legislation, including any attempt to Yes No Amount influence public opinion on a legislative matter or referendum, through [he use of a Volunteers h Paid staff or management (Include compensation in expenses reported on lines e through h ) w , , , a a c Media advertisements d Mailings to members, legislators, or the public e Publications, or published or broadcast statements t Grants la other organizations for lobbying purposes p Direct contact with legislators, their staffs, government officials, or a legislative body h Rallies,demonstrations,seminars,conventions,speeches,lectures,oranyolhermeans I Total lobbying expenditures (Add finest through h ) If 'Yes* to any of the above, also attach a statement giving a detailed description of the lobbying activities 223141 01-22 03 Schedule A (Form 990 or 990-E2) 2002 11 Schedule A(Form990or990-EZ)2002 MALVERN PREPARATORY SCHOOL 23-1352658 Page 6 Pert VII Information Regarding Transfers To and Transactions and Relationships With Nonchantable Exempt Organizations (See page 12 of the instructions ) 51 Did the reporting organization directly or indirectly engage in any of tie following with any other organization described in section 501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political orpanizations9 a Transfers from the reporting organization to a nonchantable exempt organization of Yes No (1) Cash Mail) X (II) Other 355815 al it) }[ D Other transactions (I) Sales or exchanges of assets with a nonchardahle exempt organization bbl/ X (it) Purchases of assets from a noncharitable exempt organization bill) X (lit) Rental otfacilities,eqwpment,orother assets b(III) X (Iv) Reimbursement arrangements hfv) X (v) Loans or loan guarantees h(v) X (vi) Performance of services or membership or fundraising solicitations 6(v1) X t Sharing of facilities, equipment, mailing lists, other assets, or paid employees c X d If the answer to any of the above is 'Yes,' complete the following schedule Column (b) should always show the fair market value at the goods, other assets, or services given by the reporting organization If the organization received less than fair market value in any

52 a Is the organization directly or indirectly affiliated with, or related to, one or more tax-exempt organizations described in section 501(c) of the Code (otherthan section SOt(c)(3)) or in section 527? 10' E] Yes M1 No

12 MALVERN PREPARATORY SCHOOL 23-1352658

FORM 990 GAIN (LOSS) FROM PUBLICLY TRADED SECURITIES STATEMENT 1

GROSS COST OR EXPENSE NET GAIN DESCRIPTION SALES PRICE OTHER BASIS OF SALE OR (LOSS) i SALE OF SECURITIES 1,516,229 . 2,127,405 . 0 . <611,176 .>

TO FORM 990, PART I, LINE 8 1,516,229 . 2,127,405 . 0 . <611,176 .>

19 STATEMENT S) 1 MALVERN PREPARATORY SCHOOL 23-1352658

FORM 990 INCOME AND COST OF GOODS SOLD STATEMENT 2 INCLUDED ON PART I, LINE 10

INCOME

1 . GROSS RECEIPTS ...... 212,569 2 . RETURNS AND ALLOWANCES ...... 3 . LINE 1 LESS LINE 2 ...... 212,569

4 . COST OF GOODS SOLD (LINE 13) ...... 180,883 5 . GROSS PROFIT (LINE 3 LESS LINE 4) . . . . . 31,686

COST OF GOODS SOLD

6 . INVENTORY AT BEGINNING OF YEAR ...... 7 . MERCHANDISE PURCHASED ...... 8 . COST OF LABOR ...... 5,406 9 . MATERIALS AND SUPPLIES ...... 175,476 10 . OTHER COSTS ...... 11 . ADD LINES 6 THROUGH 10 ...... 180,883

12 . INVENTORY AT END OF YEAR ...... 13 . COST OF GOODS SOLD (LINE 11 LESS LINE 12) . . 180,883

20 STATEMENT S) 2 I MALVERN PREPARATORY SCHOOL 23-1352658

FORM 990 OTHER CHANGES IN NET ASSETS OR FUND BALANCES STATEMENT 3

DESCRIPTION AMOUNT

NET UNREALIZED GAINS ON INVESTMENTS CARRIED AT MARKET VALUE 612,485 .

TOTAL TO FORM 990, PART I, LINE 20 612,485 .

FORM 990 SPECIAL EVENTS AND ACTIVITIES STATEMENT 4

GROSS CONTRIBUT GROSS DIRECT NET DESCRIPTION OF EVENT RECEIPTS INCLUDED REVENUE EXPENSES INCOME

MOTHERS CLUB - COMMUNION BREAKFAST, FASHION SHOW, ETC . 49,216 . 49,216 . 58,135 . <8,919 .>

ALUMNI ASSOC . - GOLF OUTING, XMAS TREE SALE, REUNIONS, ETC . 77,547 . 77,547 . 72,464 . 5,083 .

FATHERS CLUB - BANQUET, DINNERS, ETC . 23,905 . 23,905 . 27,726 . <3,821 .>

STUDENT ACTIVITIES - DANCES, PROMS, MAGAZINE DRIVES, ETC . 84,349 . 84,349 . 80,296 . 4,053 .

TO FM 990, PART I, LINE 9 235,017 . 235,017 . 238,621 . <3,604 .>

FORM 990 OTHER EXPENSES STATEMENT 5

(D) PROGRAM MANAGEMENT DESCRIPTION TOTAL SERVICES AND GENERAL FUNDRAISING

CAFETERIA PRODUCTS 173,123 . 173,123 . BAD DEBT 110,693 . 110,693 . CONSULTING 70,167 . 70,167 . ALUMNI 20,000 . 20,000 . ALLOCATION OF MAINTENANCE COSTS 0 . 893,676 . <933,395 .> 39,719 . MISCELLANEOUS 176,273 . 32,010 . 126,403 . 17,860 . STUDENT ACTIVITIES 76,862 . 76,862 .

21 STATEMENT S) 3, 4, 5 MALVERN PREPARATORY SCHOOL 23-1352658

UNIFORMS 140,277 . 140,277 . OFFICIALS FEES 29,622 . 29,622 . BASKETBALL CAMP 20,389 . 20,389 . SUMMER CAMP 14,813 . 14,813 . SUMMER SCHOOL 2,875 . 2,875 . MOTHERS CLUB 5,147 . 5,147 . ALUMNI GROUP 264 . 264 . STUDENT ACT . GROUP 15 . 15 . RECRUITING 92,871 . 92,871 . INSURANCE 108,436 . 108,436 .

TOTAL TO FM 990, LN 43 1,041,827 . 1,389,073 <494,992 .> 147,746 .

FORM 990 CASH GRANTS AND ALLOCATIONS STATEMENT 6

DONEE'S CLASSIFICATION DONEE'S NAME DONEE'S ADDRESS RELATIONSHIP AMOUNT

FINANCIAL AID VARIOUS VARIOUS STUDENTS & TUITION ASSISTANCE 1195550 .

TOTAL INCLUDED ON FORM 990, PART II, LINE 22 1195550 .

FORM 990 NON-GOVERNMENT SECURITIES STATEMENT 7

OTHER PUBLICLY TOTAL CORPORATE CORPORATE TRADED OTHER NON-GOV'T SECURITY DESCRIPTION STOCKS BONDS SECURITIES SECURITIES SECURITIES

CORPORATE STOCKS 5,452,060 . 5,452,060 .

TO 990, LN 54 COL B 5,452,060 . 5,452,060 .

22 STATEMENT S) 5, 6, 7 MALVERN PREPARATORY SCHOOL 23-1352658

FORM 990 NON-GOVERNMENT SECURITIES STATEMENT 7

OTHER PUBLICLY TOTAL CORPORATE CORPORATE TRADED OTHER NON-GOV'T SECURITY DESCRIPTION STOCKS BONDS SECURITIES SECURITIES SECURITIES

CORPORATE STOCKS 5,452,060 . 5,452,060 .

TO 990, LN 54 COL B 5,452,060 . 5,452,060 .

FORM 990 GOVERNMENT SECURITIES STATEMENT 8

U .S . STATE AND TOTAL GOV T DESCRIPTION GOVERNMENT LOCAL GOVT SECURITIES

U .S . GOVERNMENT AND AGENCY OBLIGATIONS 23,393 . 23,393 .

TOTAL TO FORM 990, LINE 54, COL B 23,393 . 23,393 .

FORM 990 OTHER INVESTMENTS STATEMENT 9

VALUATION DESCRIPTION METHOD AMOUNT

CASH AND TEMPORARY INVESTMENTS MARKET VALUE 122,791 . FINANCIAL PARTNERSHIP MARKET VALUE 38,564 .

TOTAL TO FORM 990, PART IV, LINE 56, COLUMN B 161,355 .

Ii FORM 990 DEPRECIATION OF ASSETS NOT HELD FOR INVESTMENT STATEMENT 10

COST OR ACCUMULATED DESCRIPTION OTHER BASIS DEPRECIATION BOOK VALUE

LAND 17,482 . 0 . 17,482 . SCULPTURE ST AGUSTINE THE TEACHER 218,180 . 5,454 . 212,726 . LAND IMPROVEMENTS 73,714 . 73,714 . 0 . LAND IMPROVEMENTS 369,500 . 326,128 . 43,372 . LAND IMPROVEMENTS 633,842 . 491,228 . 142,614 .

23 STATEMENT S) 7, 8, 9, 10 MALVERN PREPARATORY SCHOOL 23-1352658

LAND IMPROVEMENTS 117,756 . 50,411 . 67,345 . LAND IMPROVEMENTS 33,500 . 24,752 . 8,748 . LAND IMPROVEMENTS 309,718 . 51,620 . 258,098 . LAND IMPROVEMENTS 253,509 . 19,013 . 234,496 . BUILDINGS 1,986,941 . 1,986,941 . 0 . BUILDINGS 115,848 . 107,150 . 8,698 . BUILDINGS 75,311 . 65,898 . 9,413 . BUILDINGS 244,838 . 100,996 . 143,842 . BUILDINGS 144,519 . 120,790 . 23,779 . BUILDINGS 666,428 . 258,241 . 408,187 . BUILDINGS 56,130 . 43,501 . 12,629 . BUILDINGS 1,868,160 . 683,208 . 1,184,952 . BUILDINGS 18,405 . 12,015 . 6,390 . BUILDINGS 403,016 . 143,958 . 259,058 . BUILDINGS 80,141 . 56,864 . 23,277 . BUILDINGS 33,850 . 26,012 . 7,838 . BUILDINGS 26,639 . 18,781 . 7,858 . BUILDINGS 124,632 . 77,607 . 47,025 . BUILDINGS 600,237 . 342,444 . 257,793 . BUILDINGS 574,144 . 262,683 . 311,461 . BUILDINGS 281,351 . 117,944 . 163,407 . BUILDINGS 1,639,959 . 473,766 . 1,166,193 . BUILDINGS 142,148 . 42,645 . 99,503 . BUILDINGS 11,121,101 . 988,774 . 10,132,327 . BUILDINGS 2,771,274 . 173,205 . 2,598,069 . BUILDINGS 233,976 . 8,774 . 225,202 . FURNITURE AND EQUIPMENT 1,084,954 . 1,084,954 . 0 . FURNITURE AND EQUIPMENT 86,708 . 73,686 . 13,022 . FURNITURE AND EQUIPMENT 75,952 . 75,952 . 0 . FURNITURE AND EQUIPMENT 275,159 . 275,159 . 0 . FURNITURE AND EQUIPMENT 301,231 . 283,833 . 17,398 . FURNITURE AND EQUIPMENT 518,716 . 348,058 . 170,658 . FURNITURE AND EQUIPMENT 549,071 . 136,494 . 412,577 . FURNITURE AND EQUIPMENT 143,581 . 30,768 . 112,813 . FURNITURE AND EQUIPMENT 127,601 . 9,114 . 118,487 . GOLF CARTS 500 . 500 . 0 . DUMP TRUCK 4,500 . 4,500 . 0 . AUTO 7,737 . 3,869 . 3,868 . LAND IMPROVEMENTS 420,838 . 10,521 . 410,317 . BUILDINGS 184,944 . 4,624 . 180,320 . BUILDINGS 502,260 . 6,278 . 495,982 .

TOTAL TO FORM 990, PART IV, LN 57 29,520,001 . 9,502,777 . 20,017,224 .

24 STATEMENT S) 10 MALVERN PREPARATORY SCHOOL 23-1352658

FORM 990 OTHER ASSETS STATEMENT 11

DESCRIPTION AMOUNT

EMPLOYEE LOANS 86,906 . DEPOSITS 7,957 .

TOTAL TO FORM 990, PART IV, LINE 58, COLUMN B 94,863 .

25 STATEMENT S) 11 MALVERN PREPARATORY SCHOOL 23-1352658

FORM 990 TAX-EXEMPT BOND LIABILITIES OUTSTANDING STATEMENT 12

PURPOSE OF ISSUE ISSUE DATE

CONSOLIDATION OF DEBT 04/12/01

PROJECT UNEXPENDED ORIGINAL ISSUE COMPLETION BOND TYPE OF FORM 8038 AMOUNT DATE PROCEEDS FORM 8038 FILED DATE

8,450,000 . 0 . FORM 8038 04/12/01

AMOUNT OF ISSUE THIRD PARTY INFORMATION OUTSTANDING

N/A 8,450,000 .

~ TOTAL INCLUDED ON FORM 990, PART IV, LINE 64A 8,450,000 .

I FORM 990 MORTGAGES PAYABLE STATEMENT 13

DESCRIPTION BALANCE DUE

THE BROTHERS OF THE ORDER OF HERMITS OF ST . AUGUSTINE I t~~ oc)C) 0 - TOTAL INCLUDED ON FORM 990, PART IV, LINE 64B, COLUMN B

~ FORM 990 OTHER REVENUE NOT INCLUDED ON FORM 990 STATEMENT 14

DESCRIPTION AMOUNT

COST OF GOODS SOLD- BOOKSTORE 180,883 .

TOTAL TO FORM 990, PART IV-A 180,883 .

26 STATEMENT(S) 12, 13, 14 MALVERN PREPARATORY SCHOOL 23-1352658

FORM 990 OTHER EXPENSES NOT INCLUDED ON FORM 990 STATEMENT 15

DESCRIPTION AMOUNT

COST OF GOODS SOLD- BOOKSTORE 180,883 .

TOTAL TO FORM 990, PART IV-B 180,883 .

FORM 990 OTHER REVENUE INCLUDED ON FORM 990 STATEMENT 16

DESCRIPTION AMOUNT

SPECIAL EVENTS NOT SHOWN GROSS ON FINANCIAL STATEMENTS 28,967 . SCHOLARSHIPS AND FINANCIAL AID 1,195,550 .

TOTAL TO FORM 990, PART IV-A 1,224,517 .

FORM 990 OTHER EXPENSES INCLUDED ON FORM 990 STATEMENT 17

DESCRIPTION AMOUNT

SPECIAL EVENTS NOT SHOWN GROSS ON FINANCIAL STATEMENTS 5,426 . SCHOLARSHIPS AND FINANCIAL AID 1,195,550 .

TOTAL TO FORM 990, PART IV-B 1,200,976 .

FORM 990 PART VIII - RELATIONSHIP OF ACTIVITIES TO STATEMENT 18 ACCOMPLISHMENT OF EXEMPT PURPOSES

LINE EXPLANATION OF RELATIONSHIP OF ACTIVITIES

93A STUDENT TUITION AND FEES FOR EDUCATION PROVIDED BY THE SCHOOL ; THE SCHOOL'S TAX EXEMPT PURPOSE . 93B SALE OF LUNCH TO THE STUDENTS/STAFF IS PART OF OUR OVERALL PROGRAM . 93C SUMMER PROGRAMS CONTINUE THE EDUCATION PROCESS THROUGH ACTIVITIES WHICH DEVELOPE THE STUDENTS' ABILITIES . 93D FEES FOR STUDENT TRANSPORTATION IS PART OF OUR EXEMPT PURPOSE .

27 STATEMENT(S) 15, 16, 17, 18 MALVERN PREPARATORY SCHOOL 23-1352658

i SCHEDULE A EXPLANATION OF QUALIFICATIONS TO RECEIVE PAYMENTS STATEMENT 19 PART III, LINE 3

ALL RECIPIENTS ARE INDIVIDUALS RECEIVING SCHOLARSHIPS . DETERMINATION OF STUDENTS' QUALIFICATIONS FOR THE AWARDS IS MADE BY THE SCHOOL'S FINANCIAL AID COMMITTEE . SCHOLARSHIPS ARE AWARDED TO STUDENTS IN GRADES 9 THROUGH 12 BASED ON FINANCIAL NEED .

28 STATEMENT(S) 19 Malvem Preparatory School - Board of Trustees 2002-2003

Trustee Home Address Business Address Mr Robert I Baxter 504 Whispering Brook Drive Newtown Square, PA 19073

Mrs Margaret 5 Boova 330 Echo Valley Lone Newtown Square, PA 19073

Charles P Connolly 655 Joseph Drive Wayne, PA 19087

M Gail Daves 1455 Waterford Lane Aventis Pharmaceuticals Phoenixville, PA 19460 Collegeville, PA

Francis X DeLone, M 0 309 Crum Creek Lone Associates in Plastic Surgery, Newtown Square, PA Suite 3304 19073 1098 W Baltimore Pike Media, PA 19063

Kathleen M DeLong PO Box 96, 13 Timber Lane Thornton, PA 19373

Mr Robert P DiMarco 107 Shanclon Place P DiMarco (& Company Malvern, PA 19355 131 East Church Road King of Prussia, PA 19406

Rev David J Duffy, OSA St Augustine Friary President 418 5 Warren Avenue Malvern Preparatory School Malvern, PA 19355 Some

James P bunigan 3301 Maplevole Circle PNC Bank Newtown Square, PA 19073 1600 Market St , 7 Ih Floor Philadelphia, PA 19103

Sister R Patricia Fadden, IHM Immaculata College Immaculata College 1145 King Road, Box 654 Immaculata, PA 19345

Rev James R Flynn, OSA St Augustine Friary Asst Head of School 418 5 Warren Avenue Malvern Preparatory School Malvern, PA 19355 418 5 Warren Avenue Malvern, PA 19355 Sallie Grandi 140 Jaffrey Road Malvern, PA 19355

Rev Paul W Goletto, OSA St Augustine Prep 5t Augustine Prep 611 Cedar Avenue Same PO Box 445 Richland, NJ 08350

Gary M Holloway 766 Warren Avenue G M H Associates Malvern, PA 19355 10 Campus Boulevard Newtown Square, PA 19073

Pierce J Keating 719 Havilland Drive Daniel J Keating Co Bryn Mawr, PA 19010 134 N Narberth Avenue Narberth, PA 19072-2211

Paul J Kennedy 722 Cornerstone Lane Pepper Hamilton & Sheetz Bryn Mawr, PA 19010 3000 Two Logan Square 181h & Arch Streets Philadelphia, PA 19103-2799

Gary E Lasher 312 Waterloo Road Devon, PA 19333

Victor J Maggitti, Jr 352 Pond View Drive Vimco Concrete Accessories, Inc Devon, PA 19333 300 Hansen Access Road King of Prussia, PA 19406

Rev Jms J McCartney,OSA,Ph D Prior, Saxony Hall Chair, Dept of Philosophy 110 Montrose Avenue Villanova University Rosemont, PA 19010 Villanova, PA 19085

Patrick M O'Hara 2002 Gen'l Alexander Dr Uncle Bill's Pancakes Malvern, PA 19355 (June 15 - Sept . 1) 2112 Asbury Avenue Ocean City, NJ Donald F O'Neill 1165 Timbergate Drive *All mail to office Rydal, PA 19046 PM Company 1744 DeKalb Pike, #210 Blue Bell, PA 19422

Michael J Purcell Deloitte A Touche LLP 1700 Market Street Philadelphia, PA 19103 Rev Donald F Peilly, OSA St Augustine Priory St Augustine Provincialate Villanova University 214 Ashwood Road Villanova, PA 19085 PO Box 340 Villanova, PA 19085

James H Stewart 153 Flintlock Road Heed of School Drexel Hill, PA 19026 Malvern Preparatory School 418 5 Warren Avenue Malvern, PA 19355

Randy H Thurman 46 Wynclemere Lake Drive Strategic Reserves LLC Chester Springs, PA 19425

Timothy H Valente 5 Doe Lane RBC Doin Rauscher Malvern, PA 19355 One Logan Square, 17'h f 1 130 North 181h Street Philadelphia, PA 19103

Vincent N Willis 1408 Harbour Ridge Lane Storecast Merchandising Corp Downingtown, PA 19335 301 Lindenwood Drive, Suite 380 Malvern, PA 19355

Richard M Yelovich, M 0 603 Milleson Lane Millennium Oncology Management West Chester, PA 19380 250 W Lancaster Ave, Suite 100 Paoli, PA 19301 TRUSTEE EMERITI Thomas A Pitt, Jr , Esq 2 Tullamore brive Pitt & Pitt West Chester, PA 19380 121 W Miner Street West Chester, PA 19382

Robert P Quigley 1240 Valley Road Murphy, Quigley & Co Villanova, PA 19085 GSB Building, Suite 507 Bala Cynwyd, PA 19004

bouglas 0 Tozour 1288 Form Lane Tozour Energy Systems Berwyn,PA 19312 PO Box 1549 King of Prussia, PA 19406 till Nationwide Credit KABUL, Afghanistan - Attact r ers ambushed two US soldier Legal Services and an Afghan interpreter at 215-665-7666 busy corner outside the capital' W1 i~~---OiNANCIING Call Today to speak with an Attorney Blue Mosque yesterday, wounc Ing the three virith a grenad throwri at their unmarkedjeep Kabul's police chief said t-A, men had been arrested On NOTICE claimed later during questionui NONDISCRIMINATORY POLICY AS TO STUDENTS witnessed by journalists that h had attacked the Americans b( The following schools have adopted this 'Statement of Nondiscrimination cause "they were laughing a as to Student Enrollmenr as the fundhmental position they advocate women" but he did not elaborate For Information regarding a specific school's nondiscrimination policy, A policeman at the scene, speall please contact the school directly The following schools admit students ing on condition of anonynii~ ADVIS Is a 501(c)3 nonprofit of any race, color, national and ethnic origin to all the rights, privileges, said he had seen a boy throw a grE organization comprised of 130 programs, and activities generally accorded or made available to students nade at tha Americans' Russian independent private schools at these schools They do not discriminate on the basis of race, color, made jeep A second man als. in Delaware, New Jersey national and ethnic origin In administration of their educational policies, tried to throw a grenade but wa. and Pennsylvania admissions policies, scholarship and loan programs, and athletic and other school administered programs tackled by a fruit vendor, the offic ersaid Abington Friends School The Hill School Rosemont School of the Holy Child Afghanistan's interior muniste Academy of Notre Dame de Namur The Hill Top Preparatory School Saint Basil Academy linked the attack in the heart o The Academy of the New Church The Hillside School Salesianum School Kabul to the al Qaeda terroris The Agnes Irwin School Holy Child Academy Sanford School network, although he offered rx Aklba Hebrew Academy Holy Ghost Preparatory School The School In Ross Valley eiridence There have been fre Archmere Academy The Hun School of Princeton The Shipley School quent attacks on US bases u The Baldwin School The Independence School Salsbury School eastern Afghanistan, but attacki Benchmark School The Janus School Springside School on American troops in Kabul art Bishop Euslace Prop School I(Imberton Waldorf School St Aloyalus Academy rare Blair Academy La Salle College High School St Andrew's School Buckingham Friends School Lancaster Country Day School St Barnabas Episcopal School The urtudentified American., Center School Lansdowne Friends School St Edmond's Academy were in stable condition, and thi Centreville School The Lawrenceville School St Joseph's Preparatory School interpreter suffered only light CFS, The School at Church Form Linden Hall School St Peter's School wounds, said British Maj Gordor Chapin School Malvern Preparatory School Stratford Friends School Mackenzie, a spokesman for thE Chestnut Hill Academy Meadowbrook School Stuart Country Day School of the The Christian Academy Mecha-Providencii Friends School Sacred Heart Christopher Dock Mennonite H S Martin Mercy Academy The Swain School Country Day School of the Sacred Heart The Miquon School The Tatinall School The Crafeld School Montgomery School Tower Hill School The Crossroads School Moorestown Friends School Twin Spring Farm Educ Impressions Delaware County Christian School Moravian Academy United Friends School Delaware Valley Friends School Mount Saint Joseph Academy Upland Country Day School Devon Preparatory School Nazareth Academy for Girls UrBullne Academy The Ellison School New Horizons Mantessial School Valley Forge Military Academy The Episcopal Academy Newtown Friends School The Vanguard School French International School of Philla Norwood-Fontbonne Academy Villa Joseph Marie High School Friends' Central School Oak Lane Day School Villa Maria Academy Friends School Haverford Orchard Friends School Villa Victoria Academy linends-Srhourt,-Mullica 0 Iff -Gverbreak School toF the BI PA- The Walden School Friends Select School The Pen Ryn School Waldron Mercy Academy George School The Pennington School West Chester Friends School Germantown Academy Pennsylvania School for the Deaf West Nottingham Academy Germantown Friends School Perelman Jewish Day School Westlown School Girard College Pefklomen School William Penn Charter School Gladwyne Montessarl School The Phelps School Wilmington Christian School Goshen Friends School The Philadelphia School Wilmington Friends School Greene Street Friends School Philadelphia Montgomery Christian Academy Wilmington Mantessorl School Greenwood Friends School The Pilot School Woodland Country Day School Gwynedd Mercy Academy Elementary Plymouth Meeting Friends School Woodlynde School ESC? watches are Gwynedd Mercy Academy H S Princeton Day School Wyncote Academy smart looking-and Haddonfield Friends School Princeton Friends School The Wyndcroft School ritelligently priced The Harrisburg Academy Project Learn School Wyoming Seminary College Feo;ured The Previa ' The Haverford School The Quaker School at Horsham Preparatory School Chronograph in solid stainless steel, S350 Association of Delaware Valley Independent Schools View our Guide to Greater Delaware Valley Independent Schools on the Internet WATCH ( www.advis.org wnte ADVIS, 701 W. Montgomery Avenue, Bryn Mawr, PA 19010 The Shops al E-mail : Info@advis org 1625 CHES' sull 215-49 PAGE. 3Z , ~,ee-, %'T,a0C)0-L- PHILA,DELPFII,A, DAILY NE~VVS