2026-07-09T10:20:49-05:00 2025-08-31 760488832 MCCONNELL & JONES LLP 4828 LOOP CENTRAL DRIVE SUITE 1000 HOUSTON TX 77081 990 2024-09-01 237326612 DALLAS COLLEGE FOUNDATION INC DALL 2143781531 1601 BOTHAM JEAN BLVD DALLAS TX 75215 JOSHUA SKOLNICK EXECUTIVE DIRECTOR 2143781531 2026-07-09 1 0 TENE THOMAS P00849229 7139681600 2026-07-01 2024 2025-03-06 01:10:19Z JOSHUA SKOLNICK 1601 BOTHAM JEAN BLVD DALLAS TX 75215 126021578 0 X WWW.FOUNDATION.DALLASCOLLEGE.EDU X 1973 TX DALLAS COLLEGE FOUNDATION ENHANCES THE LEVEL OF ACHIEVEMENT AND EXCELLENCE OF DALLAS COLLEGE BY PROVIDING SCHOLARSHIPS, SUPPORTING THE DEVELOPMENT OF FACULTY AND STAFF AND SUPPORTING INNOVATION. 21 21 0 0 0 0 43741588 50731581 0 0 3511329 13754559 0 0 47252917 64486140 7626894 10843699 0 0 0 0 0 0 53286 1656841 1771226 9283735 12614925 37969182 51871215 120339644 172492603 111422 133967 120228222 172358636 DALLAS COLLEGE FOUNDATION ENHANCES THE LEVEL OF ACHIEVEMENT AND EXCELLENCE OF DALLAS COLLEGE BY PROVIDING SCHOLARSHIPS, ELIMINATING BARRIERS THAT PREVENT STUDENTS FROM ATTENDING AND GRADUATING, AND SUPPORTING INNOVATION. 0 0 6952102 6497935 THE FOUNDATION MAINTAINS FUNDS DESIGNATED FOR USE BY DALLAS COLLEGE FOR PROGRAM SUPPORT, ELIMINATING BARRIERS, AND SUPPORTING INNOVATION. APPROXIMATELY 7,160 DALLAS COLLEGE STAKEHOLDERS BENEFITED FROM THE USE OF THESE FUNDS. 4345764 4345764 THE FOUNDATION OFFERS SCHOLARSHIP OPPORTUNITIES ANNUALLY TO STUDENTS AT DALLAS COLLEGE. SCHOLARSHIP AWARDS ARE BASED ON ACADEMIC EXCELLENCE, ACHIEVEMENT, LEADERSHIP, GOALS AND/OR OTHER FACTORS. APPROXIMATELY 5,310 STUDENTS RECEIVED FINANCIAL SUPPORT THROUGH SCHOLARSHIPS AND SCHOLARSHIP INITIATIVES. 11297866 1 1 0 1 0 0 0 0 0 1 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 67 0 1 0 1 0 0 0 0 0 0 0 0 0 0 X 21 21 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X X CRYSTAL R SMITH CPA 2143781854 1601 BOTHAM JEAN BLVD DALLAS TX 75215 JIM ADAMS DIRECTOR 1.00 X X 0 0 0 BRIAN OLSON TREASURER 1.00 X X 0 0 0 JORGE BALDOR DIRECTOR 1.00 X X 0 0 0 TONIKA CHEEK CLAYTON DIRECTOR 1.00 X 0 0 0 TOM CORCORAN DIRECTOR 1.00 X 0 0 0 MANUEL DIAZ DIRECTOR 1.00 X 0 0 0 CHRISTOPHER DUROVICH DIRECTOR 1.00 X 0 0 0 REGEN HORCHOW CHAIRMAN 1.00 X 0 0 0 CHAD HOUSER DIRECTOR 1.00 X 0 0 0 MARY JALONICK DIRECTOR 1.00 X 0 0 0 ALICIA MAKAYE DIRECTOR 1.00 X 0 0 0 ANN MARGOLIN VICE CHAIRMAN 1.00 X 0 0 0 ALFREDA B NORMAN DIRECTOR 1.00 X 0 0 0 KATHLEEN GIBSON DIRECTOR 1.00 X 0 0 0 WENDY LOPEZ SECRETARY 1.00 X 0 0 0 KLINT GUERRY DIRECTOR 1.00 X 0 0 0 REGINA MONTOYA DIRECTOR 1.00 X 0 0 0 BYRON SANDERS DIRECTOR 1.00 X 0 0 0 WHITNEY MCKNIGHT DIRECTOR 1.00 X 0 0 0 PETER L SEFZIK DIRECTOR 1.00 X 0 0 0 GRETCHEN MINYARD WILLIAMS DIRECTOR 1.00 X 0 0 0 JOSHUA SKOLNICK EXECUTIVE DIRECTOR 40.00 X 225537 0 41138 SUZANNE BRISTOL SENIOR DIRECTOR OF FINANCE 40.00 X 137603 0 22586 363140 0 63724 2 0 1 0 COMMIT2DALLAS 3000 PEGASUS PARK DR 9TH FLOOR DALLAS TX 75247 CONSULTING 454167 1 50731581 50731581 720311 720311 74569686 61535438 13034248 13034248 13034248 64486140 0 0 13754559 10843699 10843699 60906 60906 36634 36634 1230906 454167 776739 73672 73672 248867 248867 5496 5496 FUNDRAISING EXPENSES 53286 53286 DONOR EVENTS/SPECIAL EV 37201 37201 MISCELLANEOUS EXPENSES 12232 12232 SUPPLIES AND POSTAGE 11283 11283 743 743 12614925 11297866 1263773 53286 37473049 2778989 6344939 2571452 71103555 4954944 162060631 463157 5081531 120339644 172492603 54860 70690 56562 63277 111422 133967 X 16732557 21443354 103495665 150915282 120228222 172358636 120339644 172492603 51871215 259199 0 X X 0 1 X 1 0 X 6021684 5764561 5814827 43741588 50731581 112074241 6021684 5764561 5814827 43741588 50731581 112074241 37619718 74454523 1848380 3076407 1758446 2692009 720311 10095553 122169794 0.60940 0.79610 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 12614925 12614925 780746 195187 0 0 418255 468095 614187 780746 2281283 3421925 104564 117024 153547 195187 570322 855483 SCHEDULE C, PART II-A THERE WERE NO LOBBYING EXPENDITURES FOR FISCAL YEAR 2024, WHICH IS DEFINED AS SEPTEMBER 1, 2024, TO AUGUST 31, 2025. 89042057 36074447 7903382 3637040 59264 129442110 54666541 36100293 1280960 3005031 706 89042057 53613598 867085 1254678 1065887 2933 54666541 52785865 361119 2045651 100281 1478750 53613598 50463467 77491 3288002 341312 701783 52785865 0.82000 0.18000 0 0 0 ALTERNATIVE INVESTMENTS 162060631 F 162060631 X 66450200 259199 1704861 1964060 64486140 0 64486140 14319786 1704861 1704861 12614925 0 12614925 PART V, LINE 4: EARNINGS FROM ENDOWMENTS ARE USED TO ENHANCE THE LEVEL OF ACHIEVEMENT AND EXCELLENCE OF DALLAS COLLEGE (THE COLLEGE) BY PROVIDING SCHOLARSHIPS, SUPPORTING THE PROFESSIONAL DEVELOPMENT OF FACULTY AND STAFF, AND FURTHERING INNOVATION IN THE EDUCATIONAL PROGRAMS OF THE COLLEGE. PART X, LINE 2: THE FOUNDATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(A) OF THE INTERNAL REVENUE CODE (THE CODE) OF 1986, AS AMENDED, AS AN ORGANIZATION DESCRIBED IN SECTION 501(C)(3) OF THE CODE. THUS, NO PROVISION FOR INCOME TAXES IS INCLUDED IN THE ACCOMPANYING COMBINED FINANCIAL STATEMENTS. THE FOUNDATION FOLLOWS THE ACCOUNTING GUIDANCE FOR ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. THE FOUNDATION RECOGNIZES THE FINANCIAL STATEMENT BENEFIT OF A TAX POSITION ONLY AFTER DETERMINING THAT THE RELEVANT TAX AUTHORITY WOULD MORE LIKELY THAN NOT SUSTAIN THE POSITION FOLLOWING AN AUDIT. FOR TAX POSITIONS MEETING THE MORE-LIKELY-THAN-NOT THRESHOLD, THE AMOUNT RECOGNIZED IN THE FINANCIAL STATEMENTS IS THE LARGEST BENEFIT THAT HAS A GREATER THAN 50% LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT WITH THE RELEVANT TAX AUTHORITY. THE FOUNDATION APPLIED THE UNCERTAIN TAX POSITION GUIDANCE TO ALL TAX POSITIONS FOR WHICH THE STATUTE OF LIMITATIONS REMAINED OPEN AND DETERMINED THERE WERE NO MATERIAL UNRECOGNIZED TAX BENEFITS AS OF THAT DATE. THE FOUNDATION DOES NOT BELIEVE THERE IS ANY UNCERTAINTY WITH RESPECT TO ITS TAX POSITION WHICH WOULD RESULT IN A MATERIAL CHANGE TO THE FINANCIAL STATEMENTS. THE FOUNDATION IS SUBJECT TO FEDERAL AND STATE INCOME TAXES TO THE EXTENT IT HAS UNRELATED BUSINESS INCOME. IN ACCORDANCE WITH THE GUIDANCE FOR UNCERTAINTY IN INCOME TAXES, MANAGEMENT HAS EVALUATED THEIR MATERIAL TAX POSITIONS AND DETERMINED THAT THERE ARE NO INCOME TAX EFFECTS WITH RESPECT TO ITS FINANCIAL STATEMENTS. THE FOUNDATION IS NO LONGER SUBJECT TO EXAMINATION BY FEDERAL AUTHORITIES FOR YEARS PRIOR TO AUGUST 31, 2022. FOR STATE AUTHORITIES, THE STATUTE OF LIMITATIONS IS GENERALLY THREE OR FOUR YEARS; HOWEVER, THE STATUTE OF LIMITATIONS WILL REMAIN OPEN FOR ANY STATE RETURNS NOT FILED. ON DECEMBER 22, 2017, THE UNITED STATES ENACTED TAX REFORM LEGISLATION COMMONLY KNOWN AS THE TAX CUTS AND JOBS ACT OF 2017 (THE "ACT"), RESULTING IN SIGNIFICANT MODIFICATIONS TO EXISTING TAX LAW. THERE WERE NO MATERIAL EFFECTS ON THE FOUNDATION'S FINANCIAL STATEMENTS AS A RESULT OF THE ACT. FOUNDATION MANAGEMENT IS EVALUATING THE ONGOING IMPACT OF THE ACT ON THE FOUNDATION. 1 SCHOLARSHIPS/AWARDS 5310 4345764 PROGRAM SUPPORT 7160 6497935 0 0 0 0 0 0 0 0 0 JOSHUA SKOLNICK EXECUTIVE DIRECTOR 211750 0 5387 0 8400 0 17469 0 23669 0 266675 0 0 0 SUZANNE BRISTOL SENIOR DIRECTOR OF FINANCE 135203 0 0 0 2400 0 8923 0 13663 0 160189 0 0 0 FORM 990, PART VI, SECTION A, LINE 1A THE EXECUTIVE COMMITTEE SHALL AT A MINIMUM CONSIST OF THE CHAIRMAN, CHAIR-ELECT, SECRETARY, TREASURER, IMMEDIATE PAST CHAIRMAN, CHAIRMAN OF THE INVESTMENT COMMITTEE (IF NOT NAMED IN THE PREVIOUS GROUP), AND SIX AT-LARGE DIRECTORS. TO ENSURE CONTINUITY, WHEN FEASIBLE, THE INCOMING CHAIR WILL BE RECOMMENDED/APPROVED BY THE LEADERSHIP COMMITTEE ONE YEAR PRIOR TO HIS/HER ASSUMING DUTIES. THE CHAIRMAN OF THE DALLAS COLLEGE (THE COLLEGE) BOARD OF TRUSTEES AND THE CHANCELLOR OF THE COLLEGE SHALL BE NON-VOTING, EX-OFFICIO MEMBERS OF THE EXECUTIVE COMMITTEE. THE EXECUTIVE COMMITTEE SHALL HAVE AND MAY EXERCISE ALL OF THE AUTHORITY AND POWERS OF THE BOARD OF DIRECTORS IN THE BUSINESS AND AFFAIRS OF THE FOUNDATION. THE FOREGOING SHALL NOT BE CONSTRUED AS AUTHORIZING ACTION BY THE EXECUTIVE COMMITTEE WITH RESPECT TO ANY ACTION WHICH, BY STATUTE, THE ARTICLES OF INCORPORATION OR THESE BYLAWS, IS REQUIRED TO BE TAKEN BY VOTE OR A SPECIFIED PROPORTION OF THE NUMBER OF DIRECTORS FIXED BY THESE BYLAWS, OR ANY OTHER ACTION REQUIRED OR SPECIFIED BY THE TEXAS NON-PROFIT CORPORATION ACT OR OTHER APPLICABLE LAWS OR BY THESE BYLAWS OR BY THE ARTICLES OF INCORPORATION TO BE TAKEN BY THE BOARD OF DIRECTORS AS SUCH. THE DESIGNATION OF THE EXECUTIVE COMMITTEE AND THE DELEGATION THERETO OF AUTHORITY SHALL NOT OPERATE TO RELIEVE THE BOARD OF DIRECTORS OR ANY MEMBER THEREOF ANY RESPONSIBILITY IMPOSED UPON IT OR HIM BY LAW. MEMBERS OF THE EXECUTIVE COMMITTEE SHALL BE APPOINTED BY THE BOARD OF DIRECTORS AT ITS ANNUAL MEETING AND, UNLESS SOONER DISCHARGED BY AFFIRMATIVE VOTE OF THE DIRECTORS, SHALL HOLD OFFICE UNTIL THEIR RESPECTIVE SUCCESSORS ARE APPOINTED AND QUALIFY OR UNTIL THEIR EARLIER RESPECTIVE DEATHS, RESIGNATION, RETIREMENTS OR DISQUALIFICATIONS. FORM 990, PART VI, SECTION B, LINE 11B THE DIRECTOR OF FINANCE WORKS WITH AN INDEPENDENT ACCOUNTING FIRM TO COMPLETE AND REVIEW THE FORM 990 AND RELATED SCHEDULES. THE BOARD TREASURER THEN REVIEWS THE DOCUMENT AND IT IS MADE AVAILABLE TO THE FULL BOARD PRIOR TO ITS SUBMISSION TO THE IRS. FORM 990, PART VI, SECTION B, LINE 12C ON AN ANNUAL BASIS, ALL BOARD MEMBERS MUST SIGN A CONFLICT OF INTEREST STATEMENT DISCLOSING ANY POTENTIAL CONFLICT OF INTEREST. STATEMENTS ARE REVIEWED BY THE DIRECTOR OF FINANCE AND BUSINESS AFFAIRS OF THE FOUNDATION. ANY MATTER OF QUESTION OR INTERPRETATION THAT ARISES RELATING TO THE POLICY IS REFERRED TO THE EXECUTIVE DIRECTOR FOR DECISION AND/OR REFERRAL TO THE BOARD OF DIRECTORS FOR DECISION, WHERE APPROPRIATE. A DETERMINATION IS MADE AND COMMUNICATED WITH NECESSARY INDIVIDUALS IF ANY ACTION MUST OCCUR. FORM 990, PART VI, SECTION C, LINE 19 THE FOUNDATION'S FINANCIAL STATEMENTS, GOVERNING DOCUMENTS, AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS NOT CHANGED EITHER ITS OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR. DALLAS COLLEGE ENTERPRISE VENTURES INC 1601 BOTHAM JEAN BLVD DALLAS TX 75215 TX 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0