2025-04-28T08:21:08-05:00 2024-06-30 991856619 GRANT THORNTON ADVISORS LLC 1000 WILSON BOULEVARD SUITE 1500 ARLINGTON VA 22209 990 2023-07-01 752834344 UNITED WAY FOUNDATION OF METROPOLITAN DALLAS UNIT 2149780000 1800 N LAMAR STREET DALLAS TX 75202 REBECCA BILLINGS CFO 2149780000 2025-04-22 1 1 MARY TORRETTA P00847851 7038477500 2023 2025-03-06 01:10:19Z JENNIFER SAMPSON 1800 N LAMAR STREET DALLAS TX 75202 14148557 0 X WWW.UNITEDWAYDALLAS.ORG X 1999 TX THE FOUNDATION WAS FOUNDED EXCLUSIVELY FOR THE PURPOSE OF RECEIVING (CONTINUED IN PART III) 25 25 0 25 0 0 2625777 2184651 0 0 1337734 1582897 0 0 3963511 3767548 2963635 2761000 0 0 0 0 0 0 1122559 1179721 1429763 4143356 4190763 -179845 -423215 63915076 71313885 4263590 4846969 59651486 66466916 THE FOUNDATION WAS FOUNDED EXCLUSIVELY FOR THE PURPOSE OF RECEIVING GIFTS, GRANTS AND BEQUESTS IN ORDER TO ESTABLISH AN ENDOWMENT FUND FOR THE LONG-TERM BENEFIT OF THE UNITED WAY OF METROPOLITAN DALLAS. 0 0 2500000 2500000 DURING THE YEAR ENDING JUNE 30, 2024, THE UNITED WAY FOUNDATION OF METROPOLITAN DALLAS (UWFMD) BOARD MADE A DISTRIBUTION OF $2,500,000 FROM ITS ENDOWMENTS TO THE UNITED WAY OF METROPOLITAN DALLAS, INC. (UWMD), WHICH REPRESENTS THE HIGHER OF $2,500,000 OR 4.5% OF THE 12-QUARTER ROLLING AVERAGE ENDOWMENT MARKET VALUE OR THE MOST RECENT QUARTER'S ENDOWMENT CLOSING MARKET VALUE AS OF DECEMBER 31, 2023, WHICHEVER IS LOWER. 195000 195000 UWFMD RECEIVED FUNDS DESIGNATED TO UWMD DURING THE YEAR ENDING JUNE 30, 2024. THESE MONIES WERE GRANTED TO UWMD AS REQUESTED BY THE DONOR. 66000 66000 UWFMD RECEIVED FUNDS DESIGNATED TO AGENCIES DURING THE YEAR ENDING JUNE 30, 2024. THESE MONIES WERE GRANTED TO THE AGENCIES AS REQUESTED BY THE DONOR. 2761000 1 1 0 0 0 1 0 0 0 1 0 0 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 1 1 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 25 25 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X X REBECCA BILLINGS 2149780000 1800 N LAMAR DALLAS TX 75202 TERRI WEST BOARD CHAIR 5.00 2.00 X X 0 0 0 ERIN GEORGE BOARD VICE CHAIR 5.00 0.00 X X 0 0 0 KEVIN MARCH SECRETARY/TREASURER/INV. COM. CHAIR 5.00 0.00 X X 0 0 0 NANCY BEST AT-LARGE MEMBER 2.00 0.00 X 0 0 0 MILLIE BRADLEY AT-LARGE MEMBER 2.00 0.00 X 0 0 0 HAL BRIERLEY AT-LARGE MEMBER 2.00 0.00 X 0 0 0 JIM BURKE AT-LARGE MEMBER 2.00 0.00 X 0 0 0 TONY CANALES AT-LARGE MEMBER 2.00 0.00 X 0 0 0 TOM CODD AT-LARGE MEMBER 2.00 0.00 X 0 0 0 TREY COX AT-LARGE MEMBER 2.00 0.00 X 0 0 0 JASON DOWNING AT-LARGE MEMBER 2.00 0.00 X 0 0 0 CURTIS M FITZGERALD AT-LARGE MEMBER 2.00 0.00 X 0 0 0 EDWARD G GALANTE AT-LARGE MEMBER 2.00 0.00 X 0 0 0 CAROL GLENDENNING AT-LARGE MEMBER 2.00 0.00 X 0 0 0 ASHLEE KLEINERT AT-LARGE MEMBER 2.00 0.00 X 0 0 0 J PETER KLINE AT-LARGE MEMBER 2.00 0.00 X 0 0 0 PEDRO LERMA AT-LARGE MEMBER 2.00 0.00 X 0 0 0 ANNE MOTSENBOCKER AT-LARGE MEMBER 2.00 0.00 X 0 0 0 RON PARKER AT-LARGE MEMBER 2.00 0.00 X 0 0 0 STANLEY A RABIN AT-LARGE MEMBER 2.00 0.00 X 0 0 0 DAVE C RADER AT-LARGE MEMBER 2.00 0.00 X 0 0 0 DEBBIE TAYLOR AT-LARGE MEMBER 2.00 0.00 X 0 0 0 MARY TEMPLETON AT-LARGE MEMBER 2.00 0.00 X 0 0 0 DEBRA VON STORCH AT-LARGE MEMBER 2.00 0.00 X 0 0 0 W KELVIN WALKER AT-LARGE MEMBER 2.00 0.00 X 0 0 0 JENNIFER SAMPSON PRESIDENT AND CEO 8.00 32.00 X 0 668959 122225 SUSAN E PEEK CHIEF IMPACT/STRATEGY OFFICER 6.00 34.00 X 0 447731 41355 JANICE W HARISSIS CFO (THRU 01/2024) 2.00 38.00 X 0 309490 19714 REBECCA BILLINGS CFO (AS OF 12/2023) 2.00 38.00 X 0 20833 0 0 1447013 183294 0 0 1 0 0 2184651 2184651 1456974 1456974 10506932 10381009 125923 125923 125923 3767548 0 0 1582897 2751000 2751000 10000 10000 63185 63185 714000 244019 469981 652578 652578 4190763 2761000 307204 1122559 497485 1005882 0 0 2366574 2419082 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 57563835 65501598 0 0 0 0 3487182 2387323 63915076 71313885 0 3976 0 0 0 0 0 0 465000 65500 0 0 0 0 0 0 3798590 4777493 4263590 4846969 X 30407715 34907014 29243771 31559902 59651486 66466916 63915076 71313885 X -423215 7031039 207606 X 0 1 X 1 0 X X X 1 UNITED WAY OF METROPOLITAN DALLAS INC 756005352 7 1 2695000 0 1 2695000 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3 3051 166000 996632 1 1 0 0 55418029 2082522 8542299 2695000 63347850 47540036 3752191 6656349 2530547 55418029 54572331 2806865 -7728000 2111160 47540036 43865673 1376636 12536616 3206594 54572331 47147486 2242870 1682382 3182266 4024799 43865673 0.50870 0.47560 0.01570 1 0 0 0 0 0 0 DUE TO UWMD 4777493 4777493 X 10562477 7031039 7031039 3531438 63185 172925 236110 3767548 3747047 0 3747047 63185 380531 443716 4190763 PART V, LINE 4: INTENDED USE OF ENDOWMENT FUNDS: THE FOUNDATION MANAGES LONG-TERM AND ENDOWED FUNDS TO SUPPORT THE MISSION, INITIATIVES, AND PROGRAMS OF UWMD. THE FOUNDATION'S GROWING ENDOWMENT, ORIGINALLY ESTABLISHED IN 1994 WITH A GENEROUS CONTRIBUTION FROM TXU, PROVIDES A PERMANENT SOURCE OF FUNDING TO ENSURE THE ORGANIZATION'S ABILITY TO DRIVE MEASURABLE CHANGE ACROSS NORTH TEXAS FOR FUTURE GENERATIONS. PART X, LINE 2: LIABILITY FOR UNCERTAIN TAX POSITIONS (ASC 740) THE FOUNDATION FOLLOWS GUIDANCE THAT CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN, INCLUDING ISSUES RELATING TO FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT. THIS GUIDANCE PROVIDES THAT THE TAX EFFECTS FROM AN UNCERTAIN TAX POSITION CAN ONLY BE RECOGNIZED IN THE FINANCIAL STATEMENTS IF THE POSITION IS "MORE-LIKELY-THAN-NOT" TO BE SUSTAINED IF THE POSITION WERE TO BE CHALLENGED BY A TAXING AUTHORITY. THE ASSESSMENT OF THE TAX POSITION IS BASED SOLELY ON THE TECHNICAL MERITS OF THE POSITION, WITHOUT REGARD TO THE LIKELIHOOD THAT THE TAX POSITION MAY BE CHALLENGED. THE FOUNDATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER INTERNAL REVENUE CODE (THE "IRC") SECTION 501(C)(3), THOUGH IT IS SUBJECT TO TAX ON INCOME UNRELATED TO ITS EXEMPT PURPOSE, UNLESS THAT INCOME IS OTHERWISE EXCLUDED BY THE IRC. THE FOUNDATION HAS PROCESSES PRESENTLY IN PLACE TO ENSURE THE MAINTENANCE OF ITS TAX-EXEMPT STATUS; TO IDENTIFY AND REPORT UNRELATED INCOME; TO DETERMINE ITS FILING AND TAX OBLIGATIONS IN JURISDICTIONS FOR WHICH IT HAS NEXUS; AND TO IDENTIFY AND EVALUATE OTHER MATTERS THAT MAY BE CONSIDERED TAX POSITIONS. THE FOUNDATION HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. PART XI, LINE 4B - OTHER ADJUSTMENTS: CHANGE IN FV OF MULTI-YEAR PLEDGE DISCOUNT 172,925. PART XII, LINE 4B - OTHER ADJUSTMENTS: FISCAL YEAR 2024 INCREASE IN CASH SURRENDER VALUE OF LIFE INSURANCE 380,531. RECONCILIATION OF ASSETS AND LIABILITIES TO FINANCIALS: UWMD IS A BENEFICIARY OF THE UNITED WAY FOUNDATION OF METROPOLITAN DALLAS (FOUNDATION) AS A SUPPORTED ORGANIZATION. THE FOUNDATION FUNDS ARE ESTABLISHED FOR THE EXCLUSIVE PURPOSE OF THE DONORS AND TO SUPPORT THE PROGRAM INITIATIVES OF UWMD. UWMD UWFMD ELIMINATIONS CONSOLIDATED TOTAL ASSETS 59,092,473 71,313,885 (4,777,493) 125,628,865 TOTAL LIABILITIES 10,992,638 4,846,969 (4,777,493) 11,062,114 NET ASSETS 48,099,835 66,466,916 0 114,566,751 1 UNITED WAY OF METROPOLITAN DALLAS INC 1800 N LAMAR STREET DALLAS TX 75202 756005352 501(C)(3) 2695000 0 SUPPORT UWMD TEAMMATES FOR KIDS FOUNDATION PO BOX 461315 DENVER TX 80246 841484370 501(C)(3) 20000 0 DONOR DESIGNATIONS NEW FRIENDS NEW LIFE 1215 SKILES STREET DALLAS TX 75204 752820473 501(C)(3) 7500 0 DONOR DESIGNATIONS LAKEHILL PREPARATORY SCHOOL 2720 HILLSIDE DRIVE DALLAS TX 75214 751366180 501(C)(3) 6000 0 DONOR DESIGNATIONS LEGAL AID OF NORTHWEST TEXAS 600 E WEATHERFORD STREET FORT WORTH TX 76102 750856086 501(C)(3) 5500 0 DONOR DESIGNATIONS 5 0 SCHOLARSHIP 1 10000 PART I, LINE 2: PROCEDURE FOR MONITORING USE OF GRANT FUNDS INSIDE THE U.S.: GRANTS ARE MADE IN ACCORDANCE WITH THE OPERATING PURPOSE OF THE ORGANIZATION TO SUPPORT THE OPERATION AND MISSION OF UWMD. IN ADDITION TO SUPPORTING UWMD, UWFMD ALSO HAD DONOR DESIGNATED FUNDS TO AGENCIES IN THE AMOUNT OF $66,000. 0 1 0 0 0 0 0 0 0 JENNIFER SAMPSON PRESIDENT AND CEO 0 444355 0 215000 0 9604 0 97100 0 25125 0 791184 0 0 SUSAN E PEEK CHIEF IMPACT/STRATEGY OFFICER 0 332368 0 112195 0 3168 0 22102 0 19253 0 489086 0 0 JANICE W HARISSIS CFO (THRU 01/2024) 0 283827 0 22495 0 3168 0 18418 0 1296 0 329204 0 0 PART I, LINE 1A PERSONAL SERVICES: A $5,000 ALLOWANCE WAS PROVIDED TO JENNIFER SAMPSON AS A LUMP SUM IN LIEU OF REIMBURSEMENT TO COVER THE COST OF OBTAINING A FINANCIAL ADVISOR. A $3,500 ALLOWANCE WAS PROVIDED TO JENNIFER SAMPSON AS A LUMP SUM IN LIEU OF REIMBURSEMENT TO COVER THE COST OF OBTAINING A HEALTH ASSESSMENT. THESE WERE ANNUAL PAYMENTS PAID BY UWMD AND INCLUDED IN JENNIFER'S TAXABLE EARNINGS IN PART II, ROW (II). PART I, LINE 3 RELATED ORGANIZATIONS METHOD OF ESTABLISHING COMPENSATION FOR THE CEO: ALL COMPENSATION FOR OFFICERS/DIRECTORS/HIGHEST COMPENSATED EMPLOYEES IS PAID BY A RELATED ORGANIZATION, UWMD. UWFMD RELIED ON UWMD TO REVIEW THIS INFORMATION FOR ALL COMPENSATION PAID. THE COMPENSATION COMMITTEE IS A COMMITTEE OF THE BOARD. THE COMMITTEE HAS THE RESPONSIBILITY OF DETERMINING AND RECOMMENDING, TO THE BOARD FOR APPROVAL, THE CEO'S COMPENSATION. UWMD'S HUMAN RESOURCES PROVIDES FACTUAL, SUPPORTIVE, AND COMPARITIVE INFORMATION, AS REQUESTED. THE COMMITTEE REVIEWS AND APPROVES UWMD'S GOALS AND OBJECTIVES RELEVANT TO CEO COMPENSATION AND EVALUATES THE PERFORMANCE OF THE CEO ANNUALLY AGAINST THOSE GOALS AND OBJECTIVES. THE CEO'S COMPENSATION PACKAGE IS BASED ON THIS EVALUATION. THE DELIBERATIONS AND DECISIONS OF THE COMMITTEE ARE DOCUMENTED IN CONTEMPORANEOUS SUBSTANTIATION. PART I, LINE 4B PERSONS PARTICIPATING IN A SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN: JENNIFER SAMPSON PARTICIPATED IN UWMD'S 457F PLAN. FOR CALENDAR YEAR 2023, MS. SAMPSON RECEIVED THE FOLLOWING: EMPLOYER 457F DEFERRAL $70,000 THIS AMOUNT IS REPORTED ON SCHEDULE J, PART II, COL C. FORM 990, PART VI, SECTION A, LINE 1A EXECUTIVE COMMITTEE: THE EXECUTIVE COMMITTEE IS CHAIRED BY THE BOARD CHAIR AND COMPRISED OF THE BOARD OFFICERS AND THE PRESIDENT AND CEO. THE BOARD CHAIR MAY ELECT TO INCLUDE ADDITIONAL MEMBERS. THE EXECUTIVE COMMITTEE MEETS REGULARLY WITH THE PRESIDENT AND CEO AND MONITORS AND OVERSEES GOVERNANCE AND ORGANIZATIONAL ISSUES ON BEHALF OF THE BOARD. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 REVIEW PROCESS: AN INDEPENDENT CPA FIRM SPECIALIZING IN TAX PREPARATION SERVICES PREPARED THE 990 FORM USING INFORMATION FROM AUDITED FINANCIAL STATEMENTS AND INFORMATION PROVIDED BY UWMD STAFF. UWMD STAFF REVIEWED THE COMPLETED FORM 990. THE RETURN IS DELIVERED TO MEMBERS OF THE AUDIT AND ETHICS COMMITTEE AND BOARD FOR REVIEW AND COMMENTS. A FINAL COPY OF THE FORM 990 IS PROVIDED TO THE ENTIRE BOARD PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C MONITORING AND ENFORCING COMPLIANCE: THE CODE OF BUSINESS CONDUCT, ETHICS, AND CONFLICT OF INTEREST IS DISTRIBUTED TO DIRECTORS, OFFICERS, STANDING COMMITTEE MEMBERS AND EMPLOYEES ON AN ANNUAL BASIS. DIRECTORS, OFFICERS, STANDING COMMITTEE MEMBERS, AND EMPLOYEES ARE REQUIRED TO SIGN AN AFFIRMATIVE ACTION STATEMENT OF COMPLIANCE AND TO DISCLOSE ANY FINANCIAL OR OTHER RELATIONSHIPS THAT COULD POTENTIALLY GIVE RISE TO A CONFLICT OF INTEREST ALONG WITH THE REASONS, IF ANY, THEY BELIEVE SUCH RELATIONSHIPS WOULD NOT VIOLATE THE CONFLICT OF INTEREST DEFINITIONS PER THE IRS INSTRUCTIONS TO THE FORM 990. BOARD MEMBERS ARE REQUIRED TO RECUSE THEMSELVES FROM DISCUSSIONS AND DECISIONS IMPACTING POTENTIAL CONFLICT OF INTERESTS. COMPLETED CODE OF BUSINESS CONDUCT, ETHICS AND CONFLICT OF INTEREST FORMS ARE REVIEWED BY THE LEADERSHIP TEAM TO DETERMINE IF FURTHER ACTIONS ARE REQUIRED. FORM 990, PART VI, SECTION B, LINE 15 PROCESS FOR DETERMINING COMPENSATION: ALL COMPENSATION FOR OFFICERS/DIRECTORS/HIGHEST COMPENSATED EMPLOYEES IS PAID BY A RELATED ORGANIZATION, UWMD. UWFMD RELIED ON UWMD TO REVIEW THIS INFORMATION FOR ALL COMPENSATION PAID. THE COMPENSATION COMMITTEE IS A COMMITTEE OF THE BOARD. THE COMMITTEE HAS THE RESPONSIBILITY OF DETERMINING AND RECOMMENDING, TO THE BOARD FOR APPROVAL, THE CEO'S COMPENSATION. UWMD'S HUMAN RESOURCES PROVIDES FACTUAL, SUPPORTIVE, AND COMPARITIVE INFORMATION, AS REQUESTED. THE COMMITTEE REVIEWS AND APPROVES UWMD'S GOALS AND OBJECTIVES RELEVANT TO CEO COMPENSATION AND EVALUATES THE PERFORMANCE OF THE CEO ANNUALLY AGAINST THOSE GOALS AND OBJECTIVES. THE CEO'S COMPENSATION PACKAGE IS BASED ON THIS EVALUATION. THE DELIBERATIONS AND DECISIONS OF THE COMMITTEE ARE DOCUMENTED IN CONTEMPORANEOUS SUBSTANTIATION. FORM 990, PART VI, SECTION C, LINE 19 FORM 990, PART VI, SECTION C, LINE 18 & 19: HOW DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC: UWFMD'S FORM 990 IS AVAILABLE ON THE WEBSITE AND IS AVAILABLE UPON REQUEST. UWFMD'S GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE TO THE PUBLIC UPON REQUEST. REQUESTS MAY BE SENT TO: UWMD ACCOUNTING AND FINANCE, 1800 N. LAMAR STREET, DALLAS, TX 75202. REQUESTS CAN ALSO BE MADE BY CALLING THE UWMD ACCOUNTING AND FINANCE DEPARTMENT AT (214) 978-0000. AUDITED FINANCIAL STATEMENTS AND FILED FORM 990'S ARE AVAILABLE BY ACCESSING UWMD'S WEBSITE AT WWW.UNITEDWAYDALLAS.ORG. AFTER REACHING THE WEBSITE, GO TO "ABOUT US" ON THE MAIN PAGE AND THEN "FINANCIALS" TO OBTAIN THE NECESSARY INFORMATION. FORM 990, PART XI, LINE 9: FISCAL YEAR 2024 INCREASE IN CASH SURRENDER VALUE OF LIFE INSURANCE 380,531. CHANGE IN FV OF MULTI-YEAR PLEDGE DISCOUNT -172,925. UNITED WAY OF METROPOLITAN DALLAS INC 1800 N LAMAR STREET DALLAS TX 75202 756005352 HLTH/HUM SVCS TX 501(C)(3) LINE 7 N/A 0 0 1 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0