2023-11-11T16:13:09-06:00 2022-12-31 410746749 CLIFTONLARSONALLEN LLP 801 CHERRY ST SUITE 1400 FORT WORTH TX 76102 990 2022-01-01 752078664 BOYS & GIRLS CLUBS OF GREATER DALLAS INC FOUNDATION BOYS 2148212950 4816 WORTH STREET DALLAS TX 75246 CLINT MURCHISON PRESIDENT 2148212950 2023-11-10 1 CLINT MURCHISON 999009999 1 MICHAELA J CROMAR CPA P00895728 8178775000 2023-11-07 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z KAREN TAN 4816 WORTH STREET DALLAS TX 75246 1774807 0 X WWW.BGCDALLAS.ORG X 1985 TX THE FOUNDATION WAS CREATED TO SUPPORT THE BOYS & GIRLS CLUBS OF GREATER DALLAS INC. 5 5 0 5 0 0 0 0 0 0 569651 290852 0 0 569651 290852 251106 318640 0 0 0 0 0 0 0 155790 55016 406896 373656 162755 -82804 9144227 7299042 2143 2143 9142084 7296899 THE FOUNDATION WAS CREATED TO SUPPORT THE BOYS & GIRLS CLUBS OF GREATER DALLAS INC. 0 0 318640 318640 0 THE FOUNDATION WAS CREATED TO SUPPORT THE BOYS & GIRLS CLUBS OF GREATER DALLAS INC. IN ORDER TO MAINTAIN LONG TERM FUNDING, THE CLUB'S BOARD OF DIRECTORS VOTED TO TRANSFER ITS ASSETS IN THE BGCDALLAS ENDOWMENT FUND TO THE FOUNDATION TO INCREASE THE SIZE OF THE FOUNDATION, PROTECT ITS ASSETS, AND INSURE CONTINUED LONG TERM FUNDING FOR THE CLUB. THE MAJORITY OF THOSE ASSETS WERE TRANSFERRED IN 2015. ADDITIONAL ASSETS WERE TRANSFERRED DURING 2016 AND 2017. 318640 1 0 0 0 0 0 0 0 0 1 0 1 0 0 1 1 0 1 0 0 1 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 5 5 1 0 0 0 0 1 0 1 0 0 0 1 1 1 1 1 1 0 0 0 X DEBRA TAYLOR 2148212950 4816 WORTH DRIVE DALLAS TX 75246 CLINT W MURCHISON III PRESIDENT 1.00 X X 0 0 0 GERALD LOUVIERE VICE PRESIDENT 1.00 X X 0 0 0 GEORGE MURCHISON SECRETARY/TREASURER 1.00 X X 0 0 0 WILLIAM M LAMONT III DIRECTOR 0.20 X 0 0 0 RUTH JACKS VICE CHAIR BGCD BOARD OF DIRECTORS 0.20 1.00 X 0 0 0 CHARLES R ENGLISH PRESIDENT - BGCGD 0.20 40.00 X 0 239785 29759 MARK SHACKELFORD VP FINANCE - BGCD - (OUTGOING) 0.20 40.00 X 0 58334 0 0 298119 29759 1 0 1 0 0 187827 187827 1586980 1483955 103025 103025 103025 290852 0 0 290852 318640 318640 55016 55016 373656 318640 55016 0 272186 290309 7442543 6043795 1429498 964938 9144227 7299042 2143 2143 2143 2143 X 6658980 5212964 2483104 2083935 9142084 7296899 9144227 7299042 -82804 -1762381 0 X 0 1 X 1 0 X X 1 BOYS & GIRLS CLUBS OF GREATER DALLAS INC 751152657 7 1 318640 0 1 318640 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 PART I, LINE 12(G)(VI) - EXPLANATION OF OTHER SUPPORT: PLEASE SEE MY EMAIL TO JENNY REGARDING THE PUBLIC CHARITY STATUS 9144227 -1526546 318640 7299041 8433046 1119496 251106 157209 9144227 7679985 1047728 248456 46211 8433046 6768675 1237113 280363 45167 7679985 7531526 -373033 344160 45658 6768675 0.71420 0.14670 0.13910 0 0 0 MAVERICK FUND LTD 964938 F 964938 DUE TO AFFILIATES 2143 2143 X PART V, LINE 4: THE FOUNDATION'S ENDOWMENT FUNDS ARE HELD TO SUPPORT THE BOYS & GIRLS CLUBS OF GREATER DALLAS INC. PART X, LINE 2: THE FOUNDATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE FOUNDATION ADOPTED THE INCOME TAX STANDARD FOR UNCERTAIN TAX POSITIONS. THIS STANDARD CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN AN ORGANIZATION'S FINANCIAL STATEMENTS IN ACCORDANCE WITH THE INCOME TAX STANDARD. THIS STANDARD PRESCRIBES RECOGNITION AND MEASUREMENT OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN ON A TAX RETURN THAT ARE NOT CERTAIN TO BE REALIZED. THE FOUNDATION'S INCOME TAX RETURNS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL, STATE AND LOCAL AUTHORITIES. THE FOUNDATION IS NOT AWARE OF ANY ACTIVITIES THAT WOULD JEOPARDIZE ITS TAX EXEMPT STATUS. THE FOUNDATION IS NOT AWARE OF ANY ACTIVITIES THAT ARE SUBJECT TO TAX ON UNRELATED BUSINESS INCOME OR EXCISE OR OTHER TAX. CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, 0 0 INVESTMENTS N/A 964938 0 0 0 0 0 0 964938 0 964938 0 0 1 1 0 0 PART III ACCOUNTING METHOD: 1 BOYS & GIRLS CLUBS OF GREATER DALLAS INC 4816 WORTH STREET DALLAS TX 75246 751152657 501(C)(3) 318640 0 N/A N/A GENERAL OPERATING SUPPORT 1 PART I, LINE 2: THE FOUNDATION MAKES GRANTS TO ITS SUPPORTED ORGANIZATION, BOYS & GIRLS CLUBS OF GREATER DALLAS INC. THERE ARE INDIVIDUALS THAT SERVE ON BOTH ORGANIZATIONS' BOARDS OF DIRECTORS. NO FORMAL MONITORING IS REQUIRED. 0 0 0 0 0 0 0 0 0 CHARLES R ENGLISH PRESIDENT - BGCGD 0 219785 0 20000 0 0 0 27000 0 2759 0 269544 0 0 PART I, LINE 3 THE FOUNDATION RELIED ON BOYS & GIRLS CLUBS OF GREATER DALLAS INC., A RELATED ORGANIZATION TO DETERMINE THE COMPENSATION FOR THE CEO. THE RELATED ORGANIZATION USED THE FOLLOWING METHODS TO DETERMINE THE COMPENSATION: FORMS 990 OF COMPARATIVE ORGANIZATIONS, A COMPENSATION SURVEY OR STUDY, ANNUAL PERFORMANCE REVIEW AND APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE. FORM 990, PART VI, SECTION A, LINE 2 CLINT MURCHISON AND GEORGE MURCHISON - FAMILY RELATIONSHIP FORM 990, PART VI, SECTION A, LINE 7A THE FOUNDATION'S BOARD OF DIRECTORS CONSIST OF SUCH NUMBER OF VOTING DIRECTORS (NOT LESS THAN THREE) AS DETERMINED FROM TIME TO TIME BY RESOLUTION OF THE DIRECTORS, PROVIDED, THAT NO DECREASE IN NUMBER SHALL HAVE THE EFFECT OF SHORTENING THE TERM OF ANY INCUMBENT DIRECTOR. A SIMPLE MAJORITY, BUT NOT MORE, OF THE VOTING DIRECTORS ARE ELECTED BY THE BOARD OF DIRECTORS OF BOYS & GIRLS CLUBS OF GREATER DALLAS, INC., AND THE REMAINING VOTING DIRECTORS ARE ELECTED BY THE BOARD OF DIRECTORS OF THE FOUNDATION. AT ALL TIMES A MAJORITY OF THE DIRECTORS OF THE FOUNDATION MUST CONSIST OF INDIVIDUALS OTHER THAN THEN-SERVING (DETERMINED SOLELY AS OF THE TIME OF SUCH DIRECTOR'S ELECTION) MEMBERS OF THE BOARD OF DIRECTORS, OFFICERS OR EMPLOYEES OF THE BOYS & GIRLS CLUBS OF GREATER DALLAS, INC. FORM 990, PART VI, SECTION A, LINE 8B THE FOUNDATION DOES NOT HAVE ANY COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 WILL BE REVIEWED BY THE FOUNDATION'S PRESIDENT AND THE VP FINANCE OF BOYS & GIRLS CLUBS OF GREATER DALLAS INC. THE FORM 990 WILL BE PROVIDED TO THE ENTIRE BOARD OF DIRECTORS PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY APPLIES TO THE BOARD OF DIRECTORS, STAFF MEMBERS, AND VOLUNTEERS. COVERED INDIVIDUALS ARE REQUIRED TO UPDATE DISCLOSURES ANNUALLY. FULL DISCLOSURE, BY NOTICE IN WRITING, SHALL BE MADE BY THE INTERESTED PARTIES TO THE FULLY BOARD OF DIRECTORS IN ALL CONFLICTS OF INTEREST. FOLLOWING FULL DISCLOSURE OF A POSSIBLE CONFLICT OF INTEREST OR ANY CONDITION LISTED ABOVE, THE BOARD OF DIRECTORS SHALL DETERMINE WHETHER A CONFLICT OF INTEREST EXISTS AND, IF SO, THE BOARD SHALL VOTE TO AUTHORIZE OR REJECT THE TRANSACTION OR TAKE ANY OTHER ACTION DEEMED NECESSARY TO ADDRESS THE CONFLICT AND PROTECT THE ORGANIZATION'S BEST INTERESTS. BOTH VOTES SHALL BE BY A MAJORITY VOTE WITHOUT COUNTING THE VOTE OF ANY INTERESTED DIRECTOR, EVEN IF THE DISINTERESTED DIRECTORS ARE LESS THAN A QUORUM PROVIDED THAT AT LEAST ONE CONSENTING DIRECTOR IS DISINTERESTED. AN INTERESTED BOARD MEMBER, OFFICER, OR STAFF MEMBER SHALL NOT PARTICIPATE IN ANY DISCUSSION OR DEBATE OF THE BOARD OF DIRECTORS, OR OF ANY COMMITTEE OR SUBCOMMITTEE THEREOF IN WHICH THE SUBJECT OF DISCUSSION IS A CONTRACT, TRANSACTION, OR SITUATION IN WHICH THERE MAY BE A PERCEIVED OR ACTUAL CONFLICT OF INTEREST. HOWEVER, THEY MAY BE PRESENT TO PROVIDE CLARIFYING INFORMATION IN SUCH A DISCUSSION OR DEBATE UNLESS OBJECTED TO BY ANY PRESENT BOARD OR COMMITTEE MEMBER. PROCEEDINGS ARE DOCUMENTED IN THE MEETING MINUTES OR AS OTHERWISE APPROPRIATE. FORM 990, PART VI, SECTION C, LINE 19 THE FOUNDATION MAKES ITS FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC AT THE ADMINISTRATIVE OFFICE OR UPON REQUEST. BOYS & GIRLS CLUBS OF GREATER DALLAS INC 4816 WORTH STREET DALLAS TX 75246 751152657 ENABLE ALL YOUNG PEOPLE TO REACH THEIR FULL POTENTIAL TX 501(C)(3) LINE 7 N/A 0 CHAMBERS-SCHOELLKOPF-TRIM SCHOLARSHIP FOUNDATION 4816 WORTH STREET DALLAS TX 75246 752213989 SCHOLARSHIPS TX 501(C)(3) PF BOYS & GIRLS CLUBS OF GREATER DALLAS INC 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0