2023-11-14T10:23:05-06:00 2022-12-31 PwC US Tax LLP 2001 MARKET STREET STE 1800 PHILADELPHIA PA 19103 990 2022-01-01 276850785 BSA Endowment Master Trust % STEPHANIE PHILLIPS BSAE 9725802065 1325 WEST WALNUT HILL LANE IRVING TX 750383008 TIM SMITH SR. VICE PRESIDENT 7819705021 2023-11-13 true TIM SMITH 999009999 ALBERT N ANTONELLI P01496650 2673303000 2023-11-11 2 2022 2023-04-26 12:10:37Z MR THOMAS FORESE JR 4 A GILL STREET WOBURN MA 01801 4001184 false X WWW.SCOUTING.ORG X 2010 TX SEE SCHEDULE O 1 1 0 8 27735 4539 0 0 0 0 12780038 4001184 0 0 12780038 4001184 0 0 0 0 0 0 0 0 0 121879 111016 121879 111016 12658159 3890168 79687557 71409713 0 0 79687557 71409713 X ACCORDING TO THE BSA ENDOWMENT MASTER TRUST AGREEMENT THE TRUST IS CREATED EXCLUSIVELY TO INVEST PERMANENT FUNDS OF THE NATIONAL COUNCIL OF THE BOY SCOUTS OF AMERICA, LOCAL COUNCILS OF THE BSA AND THE AFFILIATES OF SUCH NATIONAL COUNCIL AND LOCAL COUNCILS THAT ARE DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. false false 111016 0 0 SEE SCHEDULE O 111016 true false false false false false false false false false false true false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false true false false false true 1 0 true 0 true true false false false false false false false false false false false X 1 1 false false false false false false false true true false false true true true true true true false false false X STEPHANIE PHILLIPS 9725802300 1325 WEST WALNUT HILL LANE IRVING TX 750383008 GLOBAL TRUST COMPANY INSTITUTIONAL TRUSTEE 1.0 0.0 X 111016 0 0 111016 0 0 1 false false false 0 0 0 4001184 27735 3973449 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 4001184 27735 3973449 X 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 111016 111016 0 0 0 0 0 0 0 0 0 0 0 0 111016 111016 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 79687557 71409713 0 0 0 0 0 0 79687557 71409713 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 110308950 112751941 0 0 -30621393 -41342228 79687557 71409713 79687557 71409713 X 3890168 0 0 0 0 -12168012 X false false false X X X 27 BOY SCOUTS OF AMERICA 221576300 7 true 0 0 GREATER NIAGARA FRONTIER COUNCIL BSA 160743929 7 true 0 0 FRENCH CREEK COUNCIL BSA 250965265 7 true 0 0 PACIFIC SKYLINE COUNCIL BSA 941156483 7 true 0 0 SOUTHWEST FLORIDA COUNCIL BSA 591150488 7 true 0 0 JUNIATA VALLEY COUNCIL BSA 231352049 7 true 0 0 W D BOYCE COUNCIL BSA 370661188 7 true 0 0 TRANSATLANTIC COUNCIL BSA 980000121 7 true 0 0 GOLDEN GATE AREA COUNCIL BSA 941156249 7 true 0 0 PUERTO RICO COUNCIL BSA 660201809 7 true 0 0 WESTERN LOS ANGELES COUNTY COUNCIL BSA 952788856 7 true 0 0 MISSISSIPPI VALLEY COUNCIL BSA 371318774 7 true 0 0 CONNECTICUT YANKEE COUNCIL BSA 060646793 7 true 0 0 SOUTHERN SIERRA COUNCIL BSA 943020918 7 true 0 0 CALCASIEU AREA COUNCIL BSA 720423606 7 true 0 0 SOUTHERN REGION TRUST BSA 756016049 7 true 0 0 NORTHEAST IOWA COUNCIL - GENERAL BSA 420680414 7 true 0 0 HEART OF VIRGINIA COUNCIL #602 BSA 546163602 7 true 0 0 PATHWAY TO ADVENTURE COUNCIL BSA 475066720 7 true 0 0 PALMETTO COUNCIL BSA 570314450 7 true 0 0 LONGHOUSE COUNCIL BSA 160966978 7 true 0 0 SUFFOLK COUNTY COUNCIL BSA 111631834 7 true 0 0 GREAT ALASKA COUNCIL #610 BSA 920016314 7 true 0 0 NORTHERN NEW JERSEY COUNCIL BSA 223626147 7 true 0 0 NORTHERN LIGHTS COUNCIL BSA 450226415 7 true 0 0 SILICON VALLEY MONTEREY BAY COUNCIL BSA 941156254 7 true 0 0 CENTRAL REGION AREA 1 TRUST BSA 481064588 7 true 0 0 27 false false false false true true false false false false false false false false false false true true PART IV, SECTION A, LINE 1: THE ORGANIZATION'S GOVERNING DOCUMENTS PROVIDE THAT BSA ENDOWMENT MASTER TRUST WAS CREATED EXCLUSIVELY TO INVEST PERMANENT FUNDS OF THE NATIONAL COUNCIL OF THE BOY SCOUTS OF AMERICA ("BSA"), LOCAL COUNCILS OF THE BSA AND THE AFFILIATES OF SUCH COUNCIL AND LOCAL COUNCILS THAT ARE DESCRIBED IN SECTION 501(C)(3). PART IV, SECTION A, LINE 5A: PER THE ORGANIZATION'S GOVERNING DOCUMENTS, BSA ENDOWMENT MASTER TRUST INVESTS THE PERMANENT FUNDS OF LOCAL COUNCILS. THE FOLLOWING LOCAL COUNCILS WITHDREW THEIR INVESTMENT AND ARE NO LONGER SUPPORTED ORGANIZATIONS. LONGHOUSE COUNCIL, BSA 16-0966978 NORTHERN NEW JERSEY COUNCIL, BSA 22-3626147 PART IV, SECTION B, LINE 2: THE BOY SCOUTS OF AMERICA THROUGH BSA ASSET MANAGEMENT LLC, WHICH IS A DISREGARDED ENTITY FOR TAX PURPOSES, HAS THE POWER TO APPOINT THE TRUSTEE OF THE BSA ENDOWMENT MASTER TRUST. THE BSA ENDOWMENT MASTER TRUST OPERATES FOR THE BENEFIT OF BSA AND ALL CHARTERED BSA COUNCILS. BSA COMMINGLED ENDOWMENT FD,LP 71409713 F 71409713 FORM 990, PART III, LINE 4A - STATEMENT OF PROGRAM SERVICES: THE BSA ENDOWMENT MASTER TRUST WAS CREATED TO ALLOW LOCAL BSA COUNCILS TO, WHEN NECESSARY, KEEP THEIR ENDOWMENT IN A TRUST, WHICH HAS A CORPORATE TRUSTEE, AND INVEST EXCLUSIVELY IN THE BSA COMMINGLED ENDOWMENT FUND, LP. BSA ASSET MANAGEMENT, LLC IS THE SETTLOR OF THE TRUST AND GLOBAL TRUST COMPANY IS THE TRUSTEE. BOY SCOUTS OF AMERICA IS THE SOLE MEMBER OF BSA ASSET MANAGEMENT, LLC. THE BSA ENDOWMENT MASTER TRUST IS EXEMPT FROM TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE IRS ISSUED A FAVORABLE DETERMINATION LETTER ON APRIL 24, 2012 WITH AN EFFECTIVE DATE OF OCTOBER 28, 2010 (THE DATE OF FIRST DEPOSIT OF ASSETS INTO THE TRUST). FORM 990, PART VI, SECTION B, LINE 11B - PROCESS USED TO REVIEW FORM 990: FORM 990 WAS PREPARED BY PWC WITH THE ASSISTANCE OF BSA STAFF AND PROVIDED TO THE TRUSTEE, GLOBAL TRUST COMPANY, FOR REVIEW PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12-14 - POLICIES: SINCE INCEPTION, THE BSA ENDOWMENT MASTER TRUST OPERATED, AND CONTINUES TO OPERATE, UNDER THE POLICIES AND PROCEDURES OF THE BOY SCOUTS OF AMERICA, INCLUDING A WRITTEN CONFLICT OF INTEREST POLICY, A WHISTLEBLOWER POLICY, AND A DOCUMENT RETENTION AND DESTRUCTION POLICY. EFFECTIVE OCTOBER 16, 2012, THE BSA ENDOWMENT MASTER TRUST FORMALLY ADOPTED THE POLICIES AND PROCEDURES OF THE BOY SCOUTS OF AMERICA, INCLUDING A WRITTEN CONFLICT OF INTEREST POLICY, WHISTLEBLOWER POLICY, AND DOCUMENT RETENTION AND DESTRUCTION POLICY. FORM 990, PART VI, SECTION C, LINE 19 - DOCUMENTS AVAILABLE TO THE PUBLIC: THE GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY FOR THE BSA MASTER ENDOWMENT TRUST ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9 - OTHER CHANGES IN NET ASSETS OR FUND BALANCES: INCOME INCLUDED ON SCH K-1 NOT INCLUDED IN BOOKS: 27,537 CONTRIBUTIONS BSA COMMINGLED ENDOWMENT FUND: 2,442,991 DISTRIBUTIONS BSA COMMINGLED ENDOWMENT FUND: (14,638,540) ------------- TOTAL: (12,168,012) FORM 990 PART IX LINE 11G DESCRIPTION:TRUSTEE EXPENSE TOTAL FEES:111016 BOY SCOUTS OF AMERICA 1325 WEST WALNUT HILL LANE IRVING TX 75038 221576300 CHARITABLE TX 7 501(c)(3) NA false GREATER NIAGRA FRONTIER COUNCIL BSA 2860 GENESEE STREET BUFFALO NY 14225 160743929 CHARITABLE NY 7 501(c)(3) NA false FRENCH CREEK COUNCIL BSA 1815 ROBISON ROAD ERIE PA 16509 250965265 CHARITABLE PA 7 501(c)(3) NA false PACIFIC SKYLINE COUNCIL BSA 1150 CHESS DRIVE FOSTER CITY CA 94404 941156483 CHARITABLE CA 7 501(c)(3) NA false SOUTHWEST FLORIDA COUNCIL BSA 1801 BOY SCOUT DRIVE FORT MYERS FL 33907 591150488 CHARITABLE FL 7 501(c)(3) NA false JUNIATA VALLEY COUNCIL BSA 9 TAYLOR DRIVE REEDSVILLE PA 17084 231352049 CHARITABLE PA 7 501(c)(3) NA false W D BOYCE COUNCIL BSA 614 NE MADISON AVE PEORIA IL 61603 370661188 CHARITABLE IL 7 501(c)(3) NA false TRANSATLANTIC COUNCIL BSA UNIT 28100 BOX 24 APO AE 09714 980000121 CHARITABLE GM 7 501(c)(3) NA false GOLDEN GATE AREA COUNCIL BSA 1714 EVERETT STREET ALAMEDA CA 94501 941156249 CHARITABLE CA 7 501(c)(3) NA false PUERTO RICO COUNCIL BSA 405 AVE ESMERALDA 102 SAN JUAN PR 00969 660201809 CHARITABLE PR 7 501(c)(3) NA false WESTERN LOS ANGELES COUNTY COUNCIL BSA 16525 SHERMAN WAY UNIT C-8 VAN NUYS CA 91406 952788856 CHARITABLE CA 7 501(c)(3) NA false MISSISSIPPI VALLEY COUNCIL BSA 2336 OAK STREET QUINCY IL 62301 371318774 CHARITABLE IL 7 501(c)(3) NA false CONNECTICUT YANKEE COUNCIL BSA 60 WELLINGTON RD PO BOX 32 MILFORD CT 06460 060646793 CHARITABLE CT 7 501(c)(3) NA false SOUTHERN SIERRA COUNCIL #030 BSA 2417 M STREET BAKERSFIELD CA 93301 943020918 CHARITABLE CA 7 501(c)(3) NA false CALCASIEU AREA COUNCIL BSA 304 DR MICHAEL DEBAKEY DRIVE LAKE CHARLES LA 70601 720423606 CHARITABLE LA 7 501(C)(3) NA false SOUTHERN REGION TRUST BSA 1325 W WALNUT HILL LN IRVING TX 75038 756016049 CHARITABLE TX 7 501(C)(3) NA false NORTHEAST IOWA COUNCIL - GENERAL BSA 10601 MILITARY RD PO BOX 732 DUBUQUE IA 52004 420680414 CHARITABLE IA 7 501(C)(3) NA false HEART OF VIRGINIA COUNCIL #602 BSA PO BOX 6809 RICHMOND VA 23230 546163602 CHARITABLE VA 7 501(C)(3) NA false PATHWAY TO ADVENTURE COUNCIL BSA 1218 W ADAMS ST CHICAGO IL 60607 475066720 CHARITABLE IL 7 501(C)(3) NA false PALMETTO COUNCIL BSA 420 S CHURCH ST SPARTANBURG SC 29306 570314450 CHARITABLE SC 7 501(C)(3) NA false LONGHOUSE COUNCIL BSA 2803 BREWERTON RD SYRACUSE NY 13211 160966978 CHARITABLE NY 7 501(C)(3) NA false SUFFOLK COUNTY COUNCIL BSA 7 SCOUTING BLVD MEDFORD NY 11763 111631834 CHARITABLE NY 7 501(C)(3) NA false GREAT ALSAKA COUNCIL #610 BSA 3117 PATTERSON ST ANCHORAGE AK 99504 920016314 CHARITABLE AK 7 501(C)(3) NA false NORTHERN NEW JERSEY COUNCIL BSA 25 RAMAPO VALLEY RD OAKLAND NJ 07436 223626147 CHARITABLE NJ 7 501(C)(3) NA false NORTHERN LIGHTS COUNCIL BSA 4200 19TH AVE SOUTH FARGO ND 58103 450226415 CHARITABLE ND 7 501(C)(3) NA false SILICON VALLEY MONTEREY BAY COUNCIL BSA 970 W JULIAN STREET SAN JOSE CA 95126 941156254 CHARITABLE CA 7 501(C)(3) NA false CENTRAL REGION AREA 1 TRUST BSA 17905 3RD AVE N PLYMOUTH MN 55447 481064588 CHARITABLE MN 7 501(C)(3) NA false false false false false false false false false false false false false false false false false false false false