2024-11-15T17:21:35+00:00 2023-12-31 440160260 Forvis Mazars LLP 14221 Dallas Parkway Suite 400 Dallas TX 75254 990 2023-01-01 756052623 First Presbyterian Church of Dallas Foundation FIRS 2147488051 1835 Young Street Dallas TX 75201 Jeff Jones President 2147488051 2024-11-15 true true Jeanette Verrelli P00742631 9727028262 2024-11-15 2023 2024-10-15 13:58:12Z Jeff Jones 1835 Young Street Dallas TX 75201 16023461 false X fpcdallas.org/foundation X 1958 TX SUPPORTING THE PROGRAMS OF FIRST PRESBYTERIAN CHURCH AND OTHER PRESBYTERIAN MINISTRIES AND CAUSES. 15 15 0 15 0 0 61053 1144051 0 0 361025 -355067 128790 4708 550868 793692 1586370 1626942 0 0 0 0 0 0 0 187229 185018 1773599 1811960 -1222731 -1018268 33547098 37733968 3308113 3489717 30238985 34244251 THE FOUNDATION'S MISSION IS TO SUPPORT THE PROGRAMS OF FIRST PRESBYTERIAN CHURCH AND OTHER PRESBYTERIAN MINISTRIES AND CAUSES. false false 1486072 1486072 FUNDS WERE PROVIDED TO THE FIRST PRESBYTERIAN CHURCH TO SUPPORT THE CHURCH'S MISSIONS AND MINISTRIES. 104470 104470 FUNDS WERE PROVIDED TO OTHER CHARITABLE ORGANIZATIONS TO SUPPORT THE NEEDY AND OTHER RELIGIOUS OUTREACH IN THE COMMUNITY. 36400 36400 FUNDS WERE PROVIDED TO SUPPORT STUDENTS SELECTED FROM COMMITTEE FOR STUDENTS WITH FINANCIAL NEED AND VALUES ALIGNED. 1626942 true true false false false false false true true false false false false true false false false false false false false false false false false false true true false false false false false false false false false false false false false true true true false false false true 4 0 true 0 false false false false false false false false false false false false X 15 15 false true false false true true false true true false false true true true true true true false false false X John Joe 2147488051 1835 Young Street Dallas TX 75201 X Alfred Martinez Secretary 1.0 0.5 X X 0 0 0 Jeff Jones President 1.0 0.5 X X 0 0 0 Jim O'Bannon Treasurer 1.0 0.5 X X 0 0 0 Sharon King 1st Vice President 1.0 0.5 X X 0 0 0 Ellen Pryor Trustee 1.0 0.5 X 0 0 0 Frances Knipp Trustee 1.0 0.5 X 0 0 0 Joan Mason Trustee 1.0 0.5 X 0 0 0 Julius Zsohar III Trustee 1.0 0.5 X 0 0 0 Kelly Boyington Trustee 1.0 0.5 X 0 0 0 Leah Jordan Trustee 1.0 0.5 X 0 0 0 Lisa Baker Trustee 1.0 0.5 X 0 0 0 Lucy Scott Trustee 1.0 0.5 X 0 0 0 Rick Gilham Trustee 1.0 0.5 X 0 0 0 Stacy Cobb Trustee 1.0 0.5 X 0 0 0 Thella Bowens Trustee 1.0 0.5 X 0 0 0 0 0 0 0 false false false MPT Remodeling 8612 Files St Dallas TX 752173409 Remodeling 130000 Westwood Trust 200 Crescent Ct Ste 1200 Dallas TX 75201 Investment Management 116431 2 0 0 0 0 0 1144051 0 1144051 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 969379 0 0 969379 0 0 0 0 4708 0 0 4708 0 0 0 0 0 0 0 0 13905323 0 15229769 0 -1324446 0 -1324446 0 0 -1324446 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 793692 0 0 -350359 1590542 1590542 36400 36400 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 16670 0 16670 0 0 0 0 0 0 0 116431 0 116431 0 44080 0 44080 0 0 0 0 0 124 0 124 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2298 0 2298 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 5415 0 5415 0 1811960 1626942 185018 0 191312 199913 770098 609285 0 0 0 0 0 0 0 0 1253 647657 0 0 2500 2500 0 0 0 0 31678976 35290442 90500 90500 0 0 812459 893671 33547098 37733968 1690 41186 0 0 0 0 0 0 748540 870265 0 0 0 0 2557883 2578266 3308113 3489717 X 25143671 28569801 5095314 5674450 0 0 0 0 0 0 30238985 34244251 33547098 37733968 -1018268 5075766 -52232 0 X false false false X X 1 FIRST PRESBYTERIAN CHURCH OF DALLAS 750871727 1 true 1486072 0 1 1486072 0 true false false false false false false false false false false false false false false true false RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false true X 3341336 1144050 4725406 1626941 184375 7399476 4003800 10400 -616155 34876 21833 3341336 3595924 457194 48100 1218 4003800 3491076 344023 27000 212175 3595924 3040724 568163 12000 105811 3491076 0.14 0.45 0.41 false false Payables to related organizations 2567474 Escrow Payable 9395 Funds held for others 1397 2578266 Schedule D, Part IV, Line 2b Explanation of escrow agreement ENDOWMENT FUNDS HELD FOR THE A.L. EWING TRUST, A RELATED ORGANIZATION, ARE REFLECTED AS A TRUST LIABILITY ON LINE 21 OF THE FOUNDATION'S FORM 990, PART X. Schedule D, Part V, Line 4 Intended uses of endowment funds ENDOWMENT FUNDS ARE USED TO SUPPORT THE FIRST PRESBYTERIAN CHURCH OF DALLAS AND RELATED CHURCH ACTIVITIES. THIS IS DONE THROUGH QUARTERLY GRANTS. ADJUSTMENTS WERE MADE TO THE THREE YEARS BACK AND FOUR YEARS BACK COLUMNS IN ORDER TO TIE BALANCES TO THE AUDITED FINANCIAL STATEMENTS. true FIRST PRESBYTERIAN CHURCH OF DALLAS 1835 YOUNG STREET DALLAS TX 75201 750871727 501(c)(3) 1486072 Support Charitable and Missionary Work DALLAS FIRST PRESBYTERIAN CHURCH DEVELOPMENTAL DAY SCHOOL 1835 YOUNG STREET DALLAS TX 75201 751878337 501(c)(3) 21270 General Support AUSTIN COLLEGE 900 N GRAND AVE SUITE 6G SHERMAN TX 75090 750827409 501(c)(3) 11000 General Support PRESBYTERIAN MO-RANCH ASSEMBLY 2229 FM 1340 HUNT TX 78024 741168931 501(c)(3) 14000 General Support PRESBYTERIAN CAMPS AT GILMONT INC 6075 STATE HWY 155 N GILMER TX 75644 752536705 501(c)(3) 12000 General Support PRESBYTERIAN CHILDREN'S HOMES AND SERVICES 5920 W WILLIAM CANNON DRIVE AUSTIN TX 78749 750818172 501(c)(3) 11000 General Support SCHREINER UNIVERSITY 2100 MEMORIAL BLVD CMB 6229 KERRVILLE TX 78028 741193459 501(c)(3) 15000 General Support AUSTIN PRESBYTERIAN THEOLOGICAL SEMINARY 100 E 27TH ST AUSTIN TX 78705 741143056 501(c)(3) 5000 General Support UKIRK SMU 6920 BOB O LINK DR DALLAS TX 75214 850872677 501(c)(3) 15200 General Support 9 0 Scholarships 8 36400 Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds. THE FOUNDATION TRACKS GRANT EXPENDITURES IN ACCORDANCE WITH THE ACCRUAL BASIS OF ACCOUNTING, USING EXPENSES REPORTS, GRANT FEEDBACK, AND OTHER APPROPRIATE DOCUMENTATION. THE GRANTS COMMITTEE MONITORS THE USE OF GRANT FUNDS IN THE UNITED STATES ON A REGULAR BASIS. GRANTS SUPPORT PROGRAMS OF FIRST PRESBYTERIAN CHURCH AND OTHER PRESBYTERIAN CAUSES. SCHOLARSHIPS GRANTED TO INDIVIDUALS ARE DISTRIBUTED DIRECTLY TO EDUCATIONAL INSTITUTIONS AND NOT DIRECTLY TO THE INDIVIDUALS; NO CASH CHANGES HANDS. Form 990, Part VI, Line 1a Executive Committee THE ELECTED OFFICERS OF THE BOARD OF TRUSTEES MAKE UP THE EXECUTIVE COMMITTEE. THE EXECUTIVE COMMITTEE MAY EXERCISE ALL AUTHORITY OF THE BOARD OF TRUSTEES IN THE MANAGEMENT OF THE BUSINESS AND AFFAIRS OF THE CORPORATION EXCEPT WHERE ACTION OF THE FULL BOARD OF TRUSTEES IS REQUIRED. Form 990, Part VI, Line 3 Delegation of management duties THE DAILY MANAGEMENT OF FIRST PRESBYTERIAN CHURCH OF DALLAS FOUNDATION IS PERFORMED BY THE BOARD OF DIRECTORS. THE ORGANIZATION ALSO HAS A SHARED SERVICES AGREEMENT WITH FIRST PRESBYTERIAN CHURCH OF DALLAS, TEXAS, A RELATED ORGANIZATION, TO PERFORM ADMINISTRATIVE AND OPERATIONAL SUPPORT. AS THE FOUNDATION DOES NOT HAVE A LARGE OPERATIONAL BUDGET, THE ALLOCATION IS BASED ON A FLAT FEE SUPPORT ALLOCATION OF OPERATIONS, FINANCE/ACCOUNTING, AND COMMUNICATIONS. PER IRS GUIDANCE, NO COMPENSATION IS SHOWN ON FORM 990, PART VII, SECTION A FOR A TOP MANAGEMENT OFFICIAL. THE EQUIVALENT FEE FOR 2023 SHARED SERVICES IS $34,880. Form 990, Part VI, Line 6 Classes of members or stockholders ALL MEMBERS OF THE FIRST PRESBYTERIAN CHURCH OF DALLAS, TEXAS ARE MEMBERS OF THE FOUNDATION. THE FOUNDATION USES THE WORD "MEMBERS" TO DESCRIBE PERSONS HAVING SUCH STATUS AND PRIVILEGES AS DESCRIBED IN THE BYLAWS, OR AS DETERMINED BY THE BOARD OF TRUSTEES. SUCH MEMBERS SHALL HAVE NO VOTING RIGHTS OTHER THAN THE RIGHT TO VOTE FOR THE ELECTION OF THE TRUSTEES. Form 990, Part VI, Line 7a Members or stockholders electing members of governing body THE FOUNDATION USES THE WORD "MEMBERS" TO DESCRIBE PERSONS HAVING SUCH STATUS AND PRIVILEGES AS DESCRIBED IN THE BYLAWS, OR AS DETERMINED BY THE BOARD OF TRUSTEES. SUCH MEMBERS SHALL HAVE NO VOTING RIGHTS OTHER THAN THE RIGHT TO VOTE FOR THE ELECTION OF THE TRUSTEES. Form 990, Part VI, Line 11b Review of form 990 by governing body FORM 990 IS PREPARED BY AN INDEPENDENT PUBLIC ACCOUNTING FIRM AND IS REVIEWED IN DETAIL BY THE TREASURER OF THE FOUNDATION. A COPY IS THEN PROVIDED TO EACH TRUSTEE PRIOR TO BEING FILED WITH THE IRS. Form 990, Part VI, Line 12c Conflict of interest policy THE ORGANIZATION'S CONFLICT OF INTEREST POLICY IS MANAGED BY THE BOARD AS A WHOLE. TRUSTEES ARE REQUIRED TO COMPLETE CONFLICT OF INTEREST DISCLOSURE ANNUALLY, AS WELL AS DISCLOSE ANY POTENITAL CONFLICTS THAT ARISE DURING THE YEAR, AS THEY BECOME KNOWN. IF A CONFLICT OF INTEREST IS DETERMINED TO EXIST AND THE SUBJECT MATTER BECOMES A MATTER OF BOARD OF COMMITTEE ACTION, INTERESTED PARTIES ARE REQUIRED TO EXCUSE THEMSELVES FROM THE DELIBERATIONS AND ANY SUBSEQUENT VOTE. Form 990, Part VI, Line 19 Required documents available to the public THE ORGANZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. 7226 Centenary LLC 1835 Young Street Dallas TX 75201 260172484 NR Ownership TX 0 0 First Presbyterian Church of Dallas Foundation FIRST PRESBYTERIAN CHURCH OF DALLAS TX 1835 YOUNG STREET Dallas TX 75201 750871727 Church TX 501(c)(3) 1 NA false ENCORE PARK DALLAS 1835 YOUNG STREET Dallas TX 75201 464260577 Community Improvement TX 501(c)(3) 10 First Presbyterian Church Dallas true AL EWING TRUST 1835 YOUNG STREET Dallas TX 75201 756007410 Support Organization TX 4947 (a)(1) First Presbyterian Church Dallas true DALLAS FPC DEVELOPMENTAL DAY SCHOOL 1835 YOUNG STREET Dallas TX 75201 751878337 School TX 501(c)(3) 2 First Presbyterian Church Dallas true false true false false false false false false false false false true true true true true false false false