BOBBY BRAGAN YOUTH FOUNDATION SCHOLARSHIP FUND INC: Form 990, tax year 2021

View the entire original 990 at ProPublica ↗

Organization
BOBBY BRAGAN YOUTH FOUNDATION SCHOLARSHIP FUND INC (EIN 75-2534529)
Tax period
2021-01-01 to 2021-12-31
Filed
2023-01-26
IRS object ID
202340269349301224
Schema version
2021v4.2
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2023-01-26T15:18:51-06:00ReturnTs
Tax Period End2021-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN750786316PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1WEAVER AND TIDWELL LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1499 W SHERIDAN AVE SUITE 2450AddressLine1Txt
CityOKLAHOMA CITYCityNm
State AbbreviationOKStateAbbreviationCd
ZIP73102ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2021-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN752534529EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1BOBBY BRAGAN YOUTH FOUNDATIONBusinessNameLine1Txt
Business Name Line2SCHOLARSHIP FUNDBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlBOBBBusinessNameControlTxt
Phone8178702300PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 470765AddressLine1Txt
CityFORT WORTHCityNm
State AbbreviationTXStateAbbreviationCd
ZIP76147ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonTRACY TAYLORPersonNm
Person TitleEXECUTIVE DIRECTORPersonTitleTxt
Phone8178702300PhoneNum
Signature2023-01-26SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstTRACYPersonFirstNm
Person LastTAYLORPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonKIRBY ROSSPreparerPersonNm
PTINP00298143PTIN
Phone4055949200PhoneNum

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer3TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2021TaxYr
Build TS2023-03-07 01:45:13ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerTRACY TAYLORPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line13116 W 6TH STREET SUITE 200AddressLine1Txt
CityFORT WORTHCityNm
State AbbreviationTXStateAbbreviationCd
ZIP76107ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$310,591GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.BOBBYBRAGAN.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1992FormationYr
Legal Domicile StateTXLegalDomicileStateCd
Activity Or MissionTO SUPPORT, ENCOURAGE, AND MOTIVATE EIGHTH GRADE STUDENTS TO BECOME OUTSTANDING SCHOLARS, CITIZENS, AND ATHLETES, AND TO SERVE AS LEADERS AND ROLE MODELS FOR THEIR PEERS.ActivityOrMissionDesc
Voting Members Governing Body29VotingMembersGoverningBodyCnt
Voting Members Independent29VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers30TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$0PYContributionsGrantsAmt
CY Contributions Grants$0CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$8,446PYInvestmentIncomeAmt
CY Investment Income$113,448CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$8,446PYTotalRevenueAmt
CY Total Revenue$113,448CYTotalRevenueAmt
PY Grants And Similar Paid$57,225PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$55,275CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$0PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$9,564PYOtherExpensesAmt
CY Other Expenses$10,675CYOtherExpensesAmt
PY Total Expenses$66,789PYTotalExpensesAmt
CY Total Expenses$65,950CYTotalExpensesAmt
PY Revenues Less Expenses-$58,343PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$47,498CYRevenuesLessExpensesAmt
Total Assets BOY$1,492,365TotalAssetsBOYAmt
Total Assets EOY$1,603,110TotalAssetsEOYAmt
Total Liabilities BOY$10,910TotalLiabilitiesBOYAmt
Total Liabilities EOY$10,910TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$1,481,455NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$1,592,200NetAssetsOrFundBalancesEOYAmt
MissionTO SUPPORT, ENCOURAGE, AND MOTIVATE EIGHTH GRADE STUDENTS TO BECOME OUTSTANDING SCHOLARS, CITIZENS, AND ATHLETES, AND TO SERVE AS LEADERS AND ROLE MODELS FOR THEIR PEERS.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$55,275ExpenseAmt
Grant$55,275GrantAmt
Revenue$0RevenueAmt
DescEACH YEAR MORE THAN 35,000 PUBLIC SCHOOL EIGHTH GRADERS ATTENDING OVER ONE HUNDRED FORTY SCHOOLS IN THE DALLAS-FORT WORTH AREA ARE GIVEN THE OPPORTUNITY TO ENTER OUR COLLEGE SCHOLARSHIP COMPETITION. THE COMPETITION IS ORGANIZED AND ADMINISTERED BY THE BOBBY BRAGAN YOUTH FOUNDATION, INC WHICH ALSO RAISES FUNDS TO SUPPORT OUR MISSION. THE SCHOLARHSHIPS ARE FUNDED ON BEHALF OF BBYFI BY OUR SISTER ORGANIZATION, THE BOBBY BRAGAN YOUTH FOUNDATION SCHOLARSHIP FUND.Desc
Total Program Service Expenses$55,275TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B Required0ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment0ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To IndividualsYes (1)GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document9IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee0EmployeeCnt
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members29GoverningBodyVotingMembersCnt
Independent Voting Member29IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn Body0Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower Policy0WhistleblowerPolicyInd
Document Retention Policy0DocumentRetentionPolicyInd
Compensation Process CEO0CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1CHERIE PACEBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone8173362055PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line12525 RIDGMAR BLVD SUITE 420AddressLine1Txt
CityFORT WORTHCityNm
State AbbreviationTXStateAbbreviationCd
ZIP76116ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (29 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
CISSIE BRAGAN WALDEN
CHAIR EMERITUS1.00Yes (X)Yes (X)$0$0$0
ANDY ANTHONY
DIRECTOR1.00Yes (X)$0$0$0
ANDREW ROBINSON
PAST PRESIDENT1.00Yes (X)Yes (X)$0$0$0
WILL KEISER
TRESURER1.00Yes (X)Yes (X)$0$0$0
BOBBIE EDMONDS
SECRETARY1.00Yes (X)Yes (X)$0$0$0
DICK STINSON
DEVELOPMENT1.00Yes (X)Yes (X)$0$0$0
ALBON HEAD
PRESIDENT ELECT1.00Yes (X)Yes (X)$0$0$0
DOUG JENNINGS
NOMINATING1.00Yes (X)Yes (X)$0$0$0
MIKE GOODRICH
PAST PRESIDENT1.00Yes (X)Yes (X)$0$0$0
MICHAEL PECK
PAST PRESIDENT1.00Yes (X)Yes (X)$0$0$0
LARRY ANFIN
DIRECTOR1.00Yes (X)$0$0$0
WILLIAM BLANCHARD
GOLF TOURNAMENT VICE CHAIR1.00Yes (X)$0$0$0
BRANDON BLEDSOE
GALA VICE CHAIR1.00Yes (X)$0$0$0
PRISCILLA HAMILTON
SCHOLARSHIP VICE CHAIR1.00Yes (X)$0$0$0
ZAC JORDAN
DIRECTOR1.00Yes (X)$0$0$0
SCOTT MILLER
DIRECTOR1.00Yes (X)$0$0$0
DREW NOSS
DIRECTOR1.00Yes (X)$0$0$0
PAUL ROGERS
DIRECTOR1.00Yes (X)$0$0$0
J SEARCY
DIRECTOR1.00Yes (X)$0$0$0
CARL WALKER
VICE PRESIDENT1.00Yes (X)Yes (X)$0$0$0
BRICE WELLS
DIRECTOR1.00Yes (X)$0$0$0
EMILY JONES MCCOY
DIRECTOR1.00Yes (X)$0$0$0
MITCHELL PARKS
DIRECTOR1.00Yes (X)$0$0$0
JOHN DENTON
DIRECTOR1.00Yes (X)$0$0$0
HUNTER HARGROVE
DIRECTOR1.00Yes (X)$0$0$0
BRYAN WEATHERFORD
DIRECTOR1.00Yes (X)$0$0$0
BRAD WEBER
DIRECTOR1.00Yes (X)$0$0$0
JASON WILLIAMS
DIRECTOR1.00Yes (X)$0$0$0
TRACY TAYLOR
EXECUTIVE DIRECTOR20.00Yes (X)$0$76,100$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$76,100TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$21,951TotalRevenueColumnAmt
Exclusion$21,951ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$288,640SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$197,143SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$91,497SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$91,497TotalRevenueColumnAmt
Exclusion$91,497ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$113,448TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$113,448ExclusionAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$55,275TotalAmt
Program Services$55,275ProgramServicesAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$10,675TotalAmt
Management And General$10,675ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$65,950TotalAmt
Program Services$55,275ProgramServicesAmt
Management And General$10,675ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$170,275BOYAmt
EOY$265,000EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$1,322,090BOYAmt
EOY$1,338,110EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$1,492,365BOYAmt
EOY$1,603,110EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$10,910BOYAmt
EOY$10,910EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$10,910BOYAmt
EOY$10,910EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$439,576BOYAmt
EOY$550,321EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$1,041,879BOYAmt
EOY$1,041,879EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,481,455BOYAmt
EOY$1,592,200EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,492,365BOYAmt
EOY$1,603,110EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$47,498ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$63,247NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS Audited0FSAuditedInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Supporting Organization509a3Yes (X)SupportingOrganization509a3Ind
Supporting Org Type3 Func IntYes (X)SupportingOrgType3FuncIntInd
Supported Organizations1SupportedOrganizationsCnt

Supported Org Information SupportedOrgInformationGrp

Supported Organization Name SupportedOrganizationName

FieldValueIRS element (for citing)
Business Name Line1BOBBY BRAGAN YOUTH FOUNDATION INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
EIN752404628EIN
Organization Type7OrganizationTypeCd
Governing Document ListedYes (1)GoverningDocumentListedInd
Support$55,275SupportAmt
Other Support$0OtherSupportAmt
FieldValueIRS element (for citing)
Supported Organizations Total1SupportedOrganizationsTotalCnt
Support Sum$55,275SupportSumAmt
Other Support Sum$0OtherSupportSumAmt

Form990 Sch A Supporting Org Form990SchASupportingOrgGrp

FieldValueIRS element (for citing)
Listed By Name Governing DocYes (1)ListedByNameGoverningDocInd
Suprt Org No IRS Determination0SuprtOrgNoIRSDeterminationInd
Supported Org Section C4560SupportedOrgSectionC456Ind
Supported Org Not Organized US0SupportedOrgNotOrganizedUSInd
Organization Change Suprt Org0OrganizationChangeSuprtOrgInd
Support Non Supported Org0SupportNonSupportedOrgInd
Payment Substantial Contribtr0PaymentSubstantialContribtrInd
Loan Disqualified Person0LoanDisqualifiedPersonInd
Controlled Disqualified Prsn0ControlledDisqualifiedPrsnInd
Disqualified Prsn Controll Int0DisqualifiedPrsnControllIntInd
Disqualified Prsn Ownr Int0DisqualifiedPrsnOwnrIntInd
Excess Business Holdings Rules0ExcessBusinessHoldingsRulesInd
Contribution Controller0ContributionControllerInd
Contribution Family0ContributionFamilyInd
Contribution35 Controlled0Contribution35ControlledInd

Form990 Sch A Type3 Sprt Org All Form990SchAType3SprtOrgAllGrp

FieldValueIRS element (for citing)
Timely Provided Documents0TimelyProvidedDocumentsInd
Officers Close RelationshipYes (1)OfficersCloseRelationshipInd
Supported Org Voice Investment0SupportedOrgVoiceInvestmentInd

Form990 Sch A Type3 Func Int Form990SchAType3FuncIntGrp

FieldValueIRS element (for citing)
Activities TestYes (X)ActivitiesTestInd
Activities Further Exempt Prps0ActivitiesFurtherExemptPrpsInd
Activities Engaged Org Invlmnt0ActivitiesEngagedOrgInvlmntInd

Schedule D IRS990ScheduleD

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$1,481,455BeginningYearBalanceAmt
Contributions$63,247ContributionsAmt
Investment Earnings Or Losses$113,448InvestmentEarningsOrLossesAmt
Grants Or Scholarships$55,275GrantsOrScholarshipsAmt
Administrative Expenses$10,675AdministrativeExpensesAmt
End Year Balance$1,592,200EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$1,371,112BeginningYearBalanceAmt
Investment Earnings Or Losses$177,132InvestmentEarningsOrLossesAmt
Grants Or Scholarships$57,225GrantsOrScholarshipsAmt
Administrative Expenses$9,564AdministrativeExpensesAmt
End Year Balance$1,481,455EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$1,200,215BeginningYearBalanceAmt
Investment Earnings Or Losses$278,845InvestmentEarningsOrLossesAmt
Grants Or Scholarships$97,500GrantsOrScholarshipsAmt
Administrative Expenses$10,448AdministrativeExpensesAmt
End Year Balance$1,371,112EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$1,370,455BeginningYearBalanceAmt
Investment Earnings Or Losses$58,038InvestmentEarningsOrLossesAmt
Grants Or Scholarships$90,000GrantsOrScholarshipsAmt
Administrative Expenses$138,278AdministrativeExpensesAmt
End Year Balance$1,200,215EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$1,319,842BeginningYearBalanceAmt
Contributions$3,000ContributionsAmt
Investment Earnings Or Losses$164,959InvestmentEarningsOrLossesAmt
Grants Or Scholarships$85,000GrantsOrScholarshipsAmt
Administrative Expenses$32,346AdministrativeExpensesAmt
End Year Balance$1,370,455EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY0.25120BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY0.71873PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY0.03007TermEndowmentBalanceEOYPct
Endowments Held Unrelated Org0EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org0EndowmentsHeldRelatedOrgInd
Total Book Value Land Buildings$0TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescDUE TO BOBBY BRAGAN FOUNDATIONDesc
Amt$10,910Amt
FieldValueIRS element (for citing)
Total Liability$10,910TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART X, LINE 2:FormAndLineReferenceDesc
ExplanationTHE ORGANIZATION RECOGNIZES IN ITS FINANCIAL STATEMENTS THE FINANCIAL EFFECT OF A TAX POSITION IF THAT POSITION IS MORE LIKELY THAN NOT TO BE SUSTAINED UPON EXAMINATION, INCLUDING RESOLUTION OF ANY APPEALS OR LITIGATION PROCESSES, BASED UPON THE TECHNICAL MERITS OF THE POSITION. TAX POSITIONS TAKEN RELATED TO THE ORGANIZATION'S TAX EXEMPT STATUS FOR FEDERAL TAX PURPOSES AND STATE FILING REQUIREMENTS HAVE BEEN REVIEWED, AND MANAGEMENT IS OF THE OPINION THAT MATERIAL POSITIONS TAKEN BY THE ORGANIZATION WOULD MORE LIKELY THAN NOT BE SUSTAINED BY EXAMINATION. ACCORDINGLY, THE ORGANIZATION HAS NOT RECORDED AN INCOME TAX LIABILITY FOR UNCERTAIN TAX BENEFITS.ExplanationTxt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

FieldValueIRS element (for citing)
Grant TypeSCHOLARSHIPSGrantTypeTxt
Recipient25RecipientCnt
Cash Grant$55,275CashGrantAmt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE I, PART IVFormAndLineReferenceDesc
ExplanationIN THE FALL OF EACH YEAR, EIGHTH GRADE STUDENTS ARE ASKED TO APPLY FOR A SCHOLARSHIP BY COMPLETING AN APPLICATION WHICH INCLUDES EXTENSIVE INFORMATION ABOUT THEIR ACADEMIC ACHIEVEMENTS, EXTRACURRICULAR AND ATHLETIC ACTIVITIES, AND COMMUNITY INVOLVEMENT FROM 6TH THROUGH 8TH GRADE. STUDENTS ARE ALSO REQUIRED TO WRITE AN ESSAY ON THEIR FAVORITE ROLE MODEL. EACH PARTICIPATING SCHOOL THEN NOMINATES THE TWO MOST WORTHY APPLICANTS FOR CONSIDERATION BY THE BOBBY BRAGAN YOUTH FOUNDATION. ON AVERAGE, A TOTAL OF 225 APPLICATIONS ARE COLLECTED FROM SCHOOL COUNSELORS AND ENGLISH TEACHERS FOR CONSIDERATION EACH YEAR. A SCHOLARSHIP COMMITTEE COMPRISED OF FOUNDATION BOARD MEMBERS ASSISTS IN PRESENTING APPLICATIONS TO THE SCHOOLS, AND ALSO PARTICIPATES IN THE SCHOLARSHIP REVIEW PROCESS, ULTIMATELY SELECTING THE 34 STUDENTS WHO WILL RECEIVE SCHOLARSHIPS. THE COMMITTEE IS ASSISTED DURING THE REVIEW PROCESS BY COLLEGE ENGLISH HONORS STUDENTS, WHO SCORE THE ESSAY PORTION OF EACH APPLICATION. A SCHOLARSHIP CELEBRATION IS HELD IN THE SPRING, AT WHICH ALL THE WINNERS AND FINALISTS FOR THAT YEAR ARE RECOGNIZED.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11BTHE 990 IS REVIEWED BY THE EXECUTIVE DIRECTOR BEFORE FILING.
FORM 990, PART VI, SECTION B, LINE 12CTHE BOBBY BRAGAN YOUTH FOUNDATION (BBYF) TAKES POTENTIAL CONFLICTS OF INTEREST VERY SERIOUSLY. ANY POTENTIAL CONFLICT OF INTEREST BROUGHT TO THE ATTENTION OF THE BOARD OF DIRECTORS IS REVIEWED BY THE BBYF EXECUTIVE COMMITTEE. THE EXECUTIVE COMMITTEE CONSISTS OF THE BOARD PRESIDENT, PRESIDENT ELECT, SECRETARY, TREASURER, NOMINATION CHAIR, GALA CHAIR, DEVELOPMENT CHAIR, SCHOLARSHIP CHAIR AND THREE PAST PRESIDENTS. THIS COMMITTEE REVIEWS THE POTENTIAL ISSUE AND IF NECESSARY TAKES A VOTE ON ITS RESOLUTION. THE EXECUTIVE COMMITTEE THEN REVIEWS THE MATTER WITH THE ENTIRE BOARD OF DIRECTORS AND SOLICITS FEEDBACK. IF THE BOARD WISHES TO FURTHER EXPLORE THE ISSUE, A VOTE BY THE ENTIRE BOARD WILL BE TAKEN UPON REVIEW.
FORM 990, PART VI, SECTION C, LINE 18ANNUAL 990 AVAILABLE TO THE PUBLIC UPON REQUEST.
FORM 990, PART VI, SECTION C, LINE 19THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1BOBBY BRAGAN YOUTH FOUNDATION INCBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 470765AddressLine1Txt
CityFORT WORTHCityNm
State AbbreviationTXStateAbbreviationCd
ZIP76147ZIPCd
FieldValueIRS element (for citing)
EIN752404628EIN
Primary ActivitiesSCHOLARSHIP ACTIVITY FOR BOBBY BRAGAN PROGRAMPrimaryActivitiesTxt
Legal Domicile StateTXLegalDomicileStateCd
Exempt Code Section501(C)(3)ExemptCodeSectionTxt
Public Charity StatusLINE 7PublicCharityStatusTxt
Controlled Organization0ControlledOrganizationInd
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org0GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth OrgYes (1)LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of FacilitiesYes (1)SharingOfFacilitiesInd
Paid Employees SharingYes (1)PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp

Other Organization Name OtherOrganizationName

FieldValueIRS element (for citing)
Business Name Line1BOBBY BRAGAN YOUTH FOUNDATION INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Transaction TypeETransactionTypeTxt
Involved$265,000InvolvedAmt
Method Of Amount DeterminationCOSTMethodOfAmountDeterminationTxt

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