2023-11-13T14:17:13-06:00 2022-12-31 FORVIS LLP 14241 DALLAS PARKWAY SUITE 1100 DALLAS TX 75254 990 2022-01-01 756104103 Boy Scout Foundation Longhorn Council % CHRISTOPHER HILLS BOYS 8172318500 PO Box 54190 Hurst TX 76054 WENDY SHAW SCOUT EXECUTIVE 8172318500 2023-11-15 true WENDY SHAW 999009999 Jeanette Verrelli P00742631 9727028262 2022 2023-04-26 12:10:37Z WENDY SHAW PO Box 54190 Hurst TX 76054 4345750 false 1761 X WWW.LONGHORNCOUNCIL.ORG X 1992 TX PROVIDE FINANCIAL ASSISTANCE AND ASSET MANAGEMENT ON BEHALF OF THE BOY SCOUTS OF AMERICA COUNCIL - LONGHORN COUNCIL 9 9 0 9 0 0 14010 758831 0 0 3728307 1000042 43705 76581 3786022 1835454 1562056 1471989 0 0 0 0 0 0 0 372267 293478 1934323 1765467 1851699 69987 60498593 48926020 2311022 1126734 58187571 47799286 X THE BOY SCOUT FOUNDATION, LONGHORN COUNCIL WAS FORMED TO CREATE AND ADMINISTER AN ENDOWMENT FUND AND TO HOLD/OWN ASSETS OF PROPERTY FOR THE BENEFIT OF THE HEART O' TEXAS COUNCIL, BOY SCOUTS OF AMERICA, DBA boy scouts of america council - longhorn council false false 1526362 1471989 THE FOUNDATION ADMINISTERS AN ENDOWMENT FUND FOR THE BENEFIT OF SCOUTING IN THE TERRITORY SERVED BY THE LONGHORN COUNCIL, UPON THE TERMS AND CONDITIONS STATED IN THE ACTS OF CONGRESS APPROVED JUNE 15, 1916 CREATING THE BOY SCOUTS OF AMERICA. DISCOVERY IS AT THE HEART OF SCOUTING. WHETHER IT'S A CAMPOUT, DERBY CAR RACE, OR HIKE ON THE TRAIL, EVERY ADVENTURE HELPS US UNCOVER A LITTLE MORE ABOUT OURSELVES. SCOUTING BUILDS THE FOUNDATIONS FOR HUMILITY AND COMPASSION - STRENGTHENING CHARACTER THROUGH ACTIONS - TO PREPARE YOUTH FOR A LIFETIME OF LEADERSHIP. SCOUTING TEACHES YOUTH TO CONFRONT ANY CHALLENGE WITH WHOLE HEARTS AND CLEAR MINDS - TO LIVE THEIR LIVES WITHOUT REGRET, NEVER BACK DOWN, AND DO THEIR VERY BEST. 1526362 true true false false false false false false false true true false false false true false true false false false false false false false false false false true false true false false false false false false false false false false false false false true false false false true 0 0 0 false false false false false false false false false false false false X 9 9 false false false false false false true true false false false false true true true false true false false false X CHRISTOPHER HILLS 8172318500 850 CANNON DRIVE HURST TX 76054 X Wendy Shaw SCOUT EXECUTIVE/Secretary 5.0 40.0 X 0 187193 37733 Christopher Hills Chief Financial Officer 2.0 38.0 X 0 54393 8135 GREGORY Bird PRESIDENT 2.0 0.0 X X 0 0 0 Glenn Adams Director 1.0 1.0 X 0 0 0 Robert Holt JR Director 1.0 0.0 X 0 0 0 Drayton McLane III Director 1.0 0.0 X 0 0 0 Jim Ryffel Director 1.0 1.0 X 0 0 0 Frosty Tempel Director 1.0 0.0 X 0 0 0 Jim Finley Director 1.0 0.0 X 0 0 0 Paul Leonard III Director 1.0 0.0 X 0 0 0 Nancy Ribaudo Director 1.0 0.0 X 0 0 0 0 241586 45868 0 false true false Luther King Capital Management 301 COMMERCE ST STE 1600 FORT WORTH TX 76102 Investment Advisors 154510 1 758831 758831 0 888998 888998 0 76581 76581 0 0 0 2621340 2510296 111044 111044 111044 0 0 0 0 0 0 0 0 0 0 1835454 1076623 1471989 1471989 0 0 0 0 0 0 0 0 0 0 34964 34964 0 0 0 179988 179988 19175 19175 0 0 0 0 4978 4978 0 0 0 0 0 54373 54373 0 1765467 1526362 239105 0 0 208922 40675 117657 0 0 0 0 0 0 0 0 0 0 0 0 0 0 6059773 2544070 2619711 3515703 57788691 44970915 0 0 0 0 0 0 49516 112823 60498593 48926020 2764 169175 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2308258 957559 2311022 1126734 X 57618475 46479501 569096 1319785 58187571 47799286 60498593 48926020 69987 -10458272 X false true X false false X X 1 BOY SCOUTS OF AMERICA COUNCIL - LONGHORN COUNCIL 741157377 7 true 1471989 0 1 1471989 0 0.00000 true false false false false false false false false false false false false false false true RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 53852955 8143 -9381649 5123082 39356367 46385801 14010 9071126 1599577 18405 53852955 40784206 5400 7104352 1484549 23608 46385801 34814215 11873 8895791 2919825 17848 40784206 36839914 18354 -688967 1340468 14618 34814215 0.98550 0.01450 false false 2445052 2445052 1913883 1795847 118036 187436 185186 2250 1513402 563037 950365 3515703 0 Investments held for Longhorn Council 957559 957559 -8622818 -10458272 -10458272 1835454 1835454 1765467 1765467 1765467 Schedule D, PART V, LINE 4 INTENDED USE OF ENDOWMENT FUNDS: ENDOWMENT FUNDS CONSIST OF INVESTMENTS IN PERPETUITY. SCHEDULE D, PART X, LINE 2 ASC 740 FOOTNOTE: MANAGEMENT HAS EVALUATED THEIR INCOME TAX POSITIONS UNDER THE GUIDANCE INCLUDED IN ASC 740. BASED ON THEIR REVIEW, MANAGEMENT HAS NOT IDENTIFIED ANY MATERIAL UNCERTAIN TAX POSITIONS TO BE RECORDED OR DISCLOSED IN THE FINANCIAL STATEMENTS. true BOY SCOUTS OF AMERICA COUNCIL - LONGHORN COUNCIL 850 CANNON DRIVE HURST TX 76054 741157377 501(C)(3) 1471989 COUNCIL SUPPORT 1 Schedule I, PART I, LINE 2 ANNUAL DISTRIBUTIONS: IN ORDER TO ALLOW THE BOARD OF DIRECTORS OF THE COUNCIL (THE "COUNCIL BOARD") TO APPROPRIATELY BUDGET FUNDS AVAILABLE TO THE COUNCIL FROM THE FOUNDATION ON AN ANNUAL BASIS, THE FOUNDATION BOARD SHALL DETERMINE AT ITS FIRST MEETING EACH CALENDAR YEAR THE MAXIMUM AMOUNT THAT WILL BE AVAILABLE FOR DISTRIBUTION TO THE COUNCIL FROM THE FOUNDATION FOR THE FOLLOWING CALENDAR YEAR (THE "DISTRIBUTION YEAR"), REFERRED TO IN THIS DISTRIBUTION POLICY AS THE "MAXIMUM ANNUAL DISTRIBUTION." THE AMOUNT OF THE FUNDS TO BE REQUESTED BY THE COUNCIL FOR DISTRIBUTION FROM THE FOUNDATION (THE "REQUESTED ANNUAL DISTRIBUTION") SHOULD BE BUDGETED BY THE COUNCIL BOARD DURING ITS BUDGETARY PROCESS DURING THE YEAR PRECEDING THE APPLICABLE DISTRIBUTION YEAR. A REQUEST FOR SUCH AMOUNT FOR THAT YEAR SHALL BE COMMUNICATED TO THE FOUNDATION BOARD NO LATER THAN DECEMBER 1 PRIOR TO THE CALENDAR YEAR IN WHICH THE DISTRIBUTION WILL TAKE PLACE, SETTING FORTH A SCHEDULE (DETAILING AMOUNTS AND TIMING) OF THE REQUESTED ANNUAL DISTRIBUTION. THE REQUESTED ANNUAL DISTRIBUTION SHALL BE ONE OF MANY FACTORS TAKEN INTO ACCOUNT BY THE FOUNDATION BOARD IN DETERMINING THE AMOUNT TO BE DISTRIBUTED TO THE COUNCIL FOR THE APPLICABLE YEAR (THE "APPROVED ANNUAL DISTRIBUTION"). Schedule I, PART I PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS: FUNDS ARE ONLY GRANTED TO THE BOY SCOUTS OF AMERICA COUNCIL LONGHORN COUNCIL, WHICH IS THE FOUNDATION'S SUPPORTED ENTITY. A MINORITY OF THE FOUNDATION'S BOARD OF DIRECTORS ALSO SERVE ON THE COUNCIL'S BOARD OF DIRECTORS. THE MONITORING OF THE USE OF GRANT FUNDS IS THROUGH COMMUNICATION AND REPORTS FROM THE COUNCIL SCOUT EXECUTIVE NO LESS THAN TWICE A YEAR. false false false false false false false false false Wendy Shaw SCOUT EXECUTIVE/Secretary 187193 0 0 6291 31442 224926 0 Schedule J, Part II COMPENSATION FROM RELATED ORGANIZATIONS: THE FILING ORGANIZATION RELIED ON A RELATED ORGANIZATION TO ESTABLISH COMPENSATION FOR THE ORGANIZATION'S PRESIDENT & CEO. THE RELATED ORGANIZATION USES THE FOLLOWING METHODS TO DETERMINE THE COMPENSATION: COMPENSATION COMMITTEE, COMPENSATION SURVEY OR STUDY, AND APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE. FORM 990, PART VI, SECTION A, LINE 7B MEMBERS WHO MAY APPROVE MEMBERS OF THE GOVERNING BODY: THE MEMBERS OF BOY SCOUTS OF AMERICA COUNCIL - LONGHORN COUNCIL APPROVE THE NOMINATION OF MEMBERS TO SERVE ON THE BOARD OF DIRECTORS FOR THE BOY SCOUT FOUNDATION, LONGHORN COUNCIL. FORM 990, PART VI, SECTION A, LINE 8B DOCUMENTATION BY EACH COMMITTEE WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY: THE ORGANIZATION DOES NOT HAVE ANY COMMITTEES THAT HAVE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B PROCESS TO REVIEW FORM 990: THE FORM 990 IS REVIEWED BY TOP MANAGEMENT BEFORE IT IS FILED WITH THE IRS. ONCE THE FILING HAS OCCURRED, THE FORM 990 IS PROVIDED TO THE BOARD FOR THEIR INFORMATION. FORM 990, PART VI, SECTION B, LINE 12 PROCESS TO MONITOR COMPLIANCE WITH CONFLICT OF INTEREST POLICY: BOARD MEMBERS MUST DISCLOSE ANY ACTUAL OR POTENTIAL CONFLICTS OF INTEREST ANNUALLY. SHOULD THEY BECOME AWARE OF AN ACTUAL OR POTENTIAL CONFLICT OF INTEREST, THEY ARE EXPECTED TO RECUSE THEMSELVES FROM THE DISCUSSION AND ANY DECISIONS MADE ON THE MATTER. FORM 990, PART VI, SECTION C, LINE 19 AVAILABILITY OF DOCUMENTS: THE FORM 990 AND OTHER DOCUMENTS ARE IN THE COUNCIL OFFICE TO BE REVIEWED AS THE LAW REQUIRES. BOY SCOUTS OF AMERICA COUNCIL - LONGHORN 850 CANNON DRIVE HURST TX 76054 741157377 BOY SCOUTING TX 501(C)(3) 7 Na false false true false false false false false false false false false true true true true true false false false