2017-10-16T08:42:13-05:00 2017-03-31 742386663 HAASS LINDOW & CAMPSEY PC 8122 DATAPOINT DR SUITE 830 SAN ANTONIO TX 78229 990 2016-04-01 454533237 SAN ANTONIO LIVESTOCK EXPOSITION EDUCATIONAL FUND INC SANA 2102255851 P O BOX 200230 SAN ANTONIO TX 78220 KEITH MARTIN EXECUTIVE DIRECTOR OF S.A.L.E. 2102255851 2017-08-23 1 CAROLINE LINDOW P00986921 2106970660 2017-08-23 2016 2022-09-23 18:48:47Z KEITH MARTIN 723 ATT CENTER PARKWAY SAN ANTONIO TX 78219 18094569 0 X WWW.SARODEO.COM X 2011 TX THE SAN ANTONIO LIVESTOCK EXPOSITION EDUCATION FUND, INC. (EDUCATION FUND) WAS FORMED IN 2011 AND RECEIVED IRS APPROVAL AS A NONPROFIT ORGANIZATION IN FEBRUARY 2013. IT WAS FORMED AS A SUPPORTING ORGANIZATION TO SAN ANTONIO LIVESTOCK EXPOSITION, INC (S.A.L.E.) FEDERAL ID# 74-1075466, AND WILL BE OPERATED EXCLUSIVELY FOR THE BENEFIT OF, TO PERFORM THE FUNCTIONS OF, OR TO CARRY OUT THE PURPOSES OF S.A.L.E. THE EDUCATION FUND IS INTENDED TO BE A TYPE I SUPPORTING ORGANIZATION, ONE THAT IS OPERATED, SUPERVISED, OR CONTROLLED BY A PUBLICLY SUPPORTED ORGANIZATION. 9 9 0 0 0 0 4185465 6111813 0 0 422667 615817 0 0 4608132 6727630 4048416 2734614 0 0 0 0 0 0 0 213652 215530 4262068 2950144 346064 3777486 18650146 20940879 17653111 16011624 997035 4929255 X THE SAN ANTONIO LIVESTOCK EXPOSITION EDUCATION FUND, INC. (EDUCATION FUND) WAS FORMED IN 2011 AND RECEIVED IRS APPROVAL AS A NONPROFIT ORGANIZATION IN FEBRUARY 2013. IT WAS FORMED AS A SUPPORTING ORGANIZATION TO SAN ANTONIO LIVESTOCK EXPOSITION, INC (S.A.L.E.) FEDERAL ID# 74-1075466, AND WILL BE OPERATED EXCLUSIVELY FOR THE BENEFIT OF, TO PERFORM THE FUNCTIONS OF, OR TO CARRY OUT THE PURPOSES OF S.A.L.E. THE EDUCATION FUND IS INTENDED TO BE A TYPE I SUPPORTING ORGANIZATION, ONE THAT IS OPERATED, SUPERVISED, OR CONTROLLED BY A PUBLICLY SUPPORTED ORGANIZATION. 0 0 2932794 2734614 DURING THE FISCAL YEAR ENDED MARCH 31, 2015, S.A.L.E. (SAN ANTONIO LIVESTOCK EXPOSITION, INC.) TRANSFERRED CASH, INVESTMENTS AND THE CORRESPONDING SCHOLARSHIP AND GRANT LIABILITY TO THE EDUCATION FUND (SAN ANTONIO LIVESTOCK EXPOSITION EDUCATIONAL FUND, INC.) SUCH THAT IT COULD ADMINISTER AND PAY THE SCHOLARSHIPS AND GRANTS. S.A.L.E. AND THE EDUCATION FUND HAD AN AUDIT PERFORMED OF THE CONSOLIDATED FINANCIAL STATEMENTS FOR THEIR FISCAL YEAR ENDED MARCH 31, 2017. IN THE FISCAL YEAR ENDED MARCH 31, 2017, $6,011,463 WAS TRANSFERRED FROM S.A.L.E. TO THE EDUCATION FUND AS A DONATION. ADDITIONAL SCHOLARSHIPS AND GRANTS OF $2,734,614 (561 RECIPIENTS) WERE AWARDED AS OF MARCH 31, 2017. 2932794 1 1 0 0 0 0 0 0 0 1 0 1 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 X 9 9 1 0 0 0 0 1 0 1 1 0 0 1 1 1 1 0 1 0 0 0 X BETTY ROST 2102255851 723 ATT CENTER PARKWAY SAN ANTONIO TX 78219 TINA HAYNES PRESIDENT 2.00 X 0 0 0 PAT FROST VICE PRESIDENT 2.00 X 0 0 0 RUSTY COLLIER SECRETARY 2.00 X 0 0 0 MARK COLAW DIRECTOR 2.00 X 0 0 0 RICHARD M TRES KLEBERG III DIRECTOR 2.00 X 0 0 0 KIM MOORE DIRECTOR 2.00 X 0 0 0 NORM NEVINS DIRECTOR 2.00 X 0 0 0 JACKIE VAN DE WALLE DIRECTOR 2.00 X 0 0 0 JAMES F CLINGMAN DIRECTOR 2.00 X 0 0 0 KEITH MARTIN EXECUTIVE DIRECTOR 2.00 50.00 X 557961 0 22977 557961 0 22977 1 0 1 0 0 6111813 6111813 431464 431464 11551292 11366939 184353 184353 184353 6727630 431464 0 184353 2734614 2734614 3512 3512 MANAGEMENT FEE 125000 125000 INVESTMENT FEES AND CHA 73180 73180 INSURANCE 11988 11988 LEGAL AND PROFESSIONAL 1850 1850 2950144 2932794 17350 0 748555 4154565 3826028 5981 6008 9038348 10735142 4998512 6001443 7023 3512 25699 40209 18650146 20940879 125000 248500 13128111 11363124 4400000 4400000 17653111 16011624 X 767099 4699319 229936 229936 997035 4929255 18650146 20940879 3777486 154734 0 X X 0 1 X 0 0 X X X 1 SAN ANTONIO LIVESTOCK EXPOSITION INC 741075466 10 1 0 0 1 0 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 334777 1836152 1407 5355 2166981 333772 1005 334777 332633 1139 333772 331152 1481 332633 0.89390 0.10610 0 0 0 FROST TOTAL RETURN BOND FUND 6001443 C 6001443 CURRENT PORTION - SCHOLARSHIPS 4400000 4400000 35587919 238624 28621665 28860289 6727630 0 6727630 31853499 28903355 28903355 2950144 0 2950144 PART V, LINE 4: THE INITIAL PRINCIPAL CONTRIBUTION IS PERMANENTLY RESTRICTED AND THE EARNINGS FROM THIS IS TO BE USED TO FUND SCHOLARSHIPS. THE INITIAL CONTRIBUTIONS WERE FOR $229,936. TRANSFERS OF $1,836,152 WERE MADE DURING THE FYE ENDED 3/31/17 THAT WERE DESIGNATED AS PART OF THE NEW KEITH MARTIN ENDOWMENT FUND BY THE BOARD. PART XI, LINE 2D - OTHER ADJUSTMENTS: CONSOLIDATED FINANCIAL WITH S.A.L.E. - S.A.L.E.'S ALLOCATION PART XII, LINE 2D - OTHER ADJUSTMENTS: CONSOLIDATED FINANCIAL WITH S.A.L.E. - S.A.L.E.'S ALLOCATION SCHEDULE D, PART V, LINE 4 PRIOR TO THE CURRENT YEAR, DONORS CONTRIBUTED $229,936 FOR SCHOLARSHIP ENDOWMENTS. ALTHOUGH NOT FORMALIZED, THE AGREEMENTS WOULD LIMIT THE EARNINGS FROM THESE ENDOWMENTS TO BE USED TO FUND SCHOLARSHIPS FOR THE POOR AND NEEDY. THE TOTAL OF THESE TWO ENDOWMENTS AND INTEREST EARNED TOTALED $334,777 THROUGH MARCH 31, 2016, AND HAVE BEEN INVESTED CONSERVATIVELY IN CERTIFICATES OF DEPOSIT SINCE THEIR INITIAL DONATIONS. DURING FYE 3/31/17, THE BOARD TRANSFERRED THESE FUNDS, AND AN ADDITIONAL $1,836,152 AND CREATED THE KEITH MARTIN ENDOWMENT FUND. THE BALANCE IN THE KEITH MARTIN ENDOWMENT FUND WAS $2,166,981 AS OF MARCH 31, 2017. 1 ABILENE CHRISTIAN UNIVERSITY ACU BOX 29007 ABILENE TX 79699 750851900 501 (C)(3) 17625 SCHOLARSHIPS FOR STUDENTS ALAMO COMMUNITY COLLEGE DISTRICT 811 W HOUSTON ST SUITE 240 SAN ANTONIO TX 78204 746002173 PUBLIC SCHOOL 113251 SCHOLARSHIPS FOR STUDENTS ANGELO STATE UNIVERSITY PO BOX 11015 SAN ANGELO TX 76909 756002403 PUBLIC SCHOOL 121631 SCHOLARSHIPS FOR STUDENTS ART INSTITUTE OF CHICAGO THE 111 SOUTH MICHIGAN AVE CHICAGO IL 60603 362167725 501 (C)(3) 7539 SCHOLARSHIPS FOR STUDENTS BAYLOR UNIVERSITY ONE BEAR PLACE WACO TX 76798 741159753 501 (C)(3) 27068 SCHOLARSHIPS FOR STUDENTS BEXAR COUNTY MASTER GARDENERS 3355 CHERRY RIDGE DR 208 SAN ANTONIO TX 78230 742600978 501 (C)(3) 33300 GENERAL SUPPORT BLINN COLLEGE 902 COLLEGE AVE BRENHAM TX 77833 746000400 PUBLIC SCHOOL 49316 SCHOLARSHIPS FOR STUDENTS CLARENDON COLLEGE PO BOX 968 CLARENDON TX 79226 756055652 PUBLIC SCHOOL 10750 SCHOLARSHIPS FOR STUDENTS CONCORDIA UNIVERSITY TEXAS 11400 CONCORDIA UNIVERSITY DRIVE AUSTIN TX 78726 741161941 PUBLIC SCHOOL 6000 SCHOLARSHIPS FOR STUDENTS DALLAS BAPTIST UNIVERSITY 3000 MOUNTAIN CREEK PKWY DALLAS TX 75211 756001300 501 (C)(3) 6000 SCHOLARSHIPS FOR STUDENTS HARDIN-SIMMONS UNIVERSITY HSU 16025 ABILENE TX 79698 750808791 PUBLIC SCHOOL 19643 SCHOLARSHIPS FOR STUDENTS HILLSDALE COLLEGE 33 E COLLEGE ST HILLSDALE MI 49242 381374230 501 (C)(3) 5700 SCHOLARSHIPS FOR STUDENTS HILL COLLEGE PO BOX 619 HILLSBORO TX 76645 741404239 PUBLIC SCHOOL 7250 SCHOLARSHIPS FOR STUDENTS HOUSTON BAPTIST UNIVERSITY 7502 FONDREN ROAD HOUSTON TX 77074 741400699 PRIVATE SCHOOL 5000 SCHOLARSHIPS FOR STUDENTS LUBBOCK CHRISTIAN UNIVERSITY 5601 19TH ST LUBBOCK TX 79407 750950119 501 (C)(3) 5000 SCHOLARSHIPS FOR STUDENTS MCLENNAN COMMUNITY COLLEGE 1400 COLLEGE DR WACO TX 76708 741541260 PUBLIC SCHOOL 6000 SCHOLARSHIPS FOR STUDENTS MIDWESTERN STATE UNIVERSITY 3410 TAFT BLVD WICHITA FALLS TX 76308 756001738 PUBLIC SCHOOL 17874 SCHOLARSHIPS FOR STUDENTS NAVARRO COLLEGE 3200 W 7TH AVE CORSICANA TX 75110 756002129 PUBLIC SCHOOL 5500 SCHOLARSHIPS FOR STUDENTS NEW HAMPSHIRE INSTITUTE OF ART 148 CONCORD ST MANCHESTER NH 03104 020222154 501 (C)(3) 11132 SCHOLARSHIPS FOR STUDENTS OUR LADY OF THE LAKE UNIVERSITY 411 SW 24TH ST SAN ANTONIO TX 78207 741109631 501 (C)(3) 57500 SCHOLARSHIPS FOR STUDENTS PARKS & WILDLIFE FOUNDATION OF TEXAS INC 2914 SWISS AVENUE DALLAS TX 75204 742602504 STATE GOVERNMENT 47500 PUBLIC SUPPORT PRAIRIE VIEW A&M UNIVERSITY PO BOX 1005 PRAIRIE VIEW TX 77446 746001078 PUBLIC SCHOOL 35688 SCHOLARSHIPS FOR STUDENTS RICE UNIVERSITY 6100 MAIN ST HOUSTON TX 77005 741109620 501 (C)(3) 9000 SCHOLARSHIPS FOR STUDENTS SAM HOUSTON STATE UNIVERSITY PO BOX 2537 HUNTSVILLE TX 77341 746001430 PUBLIC SCHOOL 170659 SCHOLARSHIPS FOR STUDENTS SAN ANTONIO BOTANICAL SOCIETY 555 FUNSTON PLACE SAN ANTONIO TX 78209 742178792 501 (C)(3) 13450 GENERAL SUPPORT SAN JACINTO COMMUNITY COLLEGE DISTRICT 4626 FAIRMONT PKWY SUITE 103 HOUSTON TX 77504 746028285 PUBLIC SCHOOL 11324 SCHOLARSHIPS FOR STUDENTS SCHREINER UNIVERSITY 2100 MEMORIAL BLVD KERRVILLE TX 78028 741193459 501 (C)(3) 13750 SCHOLARSHIPS FOR STUDENT SOUTH PLAINS COLLEGE 1401 S COLLEGE AVE LEVELLAND TX 79336 756004667 PUBLIC SCHOOL 18750 SCHOLARSHIPS FOR STUDENTS ST MARY'S UNIVERSITY ONE CAMINO SANTA MARIA SAN ANTONIO TX 78228 741143128 501 (C)(3) 92188 SCHOLARSHIPS FOR STUDENTS STEPHEN F AUSTIN STATE UNIVERSITY 1936 NORTH ST NACOGDOCHES TX 75962 756002514 PUBLIC SCHOOL 18730 SCHOLARSHIPS FOR STUDENTS SUL ROSS STATE UNIVERSITY PO BOX C-144 ALPINE TX 79832 746000027 PUBLIC SCHOOL 78000 SCHOLARSHIPS FOR STUDENTS SW TEXAS JUNIOR COLLEGE 2401 GARNER FIELD RD UVALDE TX 78801 746002420 PUBLIC SCHOOL 22425 SCHOLARSHIPS FOR STUDENTS TARLETON STATE UNIVERSITY 1333 W WASHINGTON STEPHENVILLE TX 76401 756001870 PUBLIC SCHOOL 185370 SCHOLARSHIPS FOR STUDENTS TEXAS 4-H YOUTH DEVELOPMENT FOUNDATION PO BOX 11020 COLLEGE STATION TX 77842 746091147 501 (C)(3) 6250 SCHOLARSHIPS FOR STUDENTS AND GENERAL SUPPORT TEXAS A&M FOUNDATION 401 GEORGE BUSH DR COLLEGE STATION TX 77840 742245072 501 (C)(3) 100000 GENERAL SUPPORT TEXAS A&M UNIVERSITY 401 GEORGE BUSH DR COLLEGE STATION TX 77840 746000531 PUBLIC SCHOOL 982715 SCHOLARSHIPS FOR STUDENTS TEXAS A&M UNIVERSITY COMMERCE PO BOX 3011 COMMERCE TX 75429 756001353 PUBLIC SCHOOL 23250 SCHOLARSHIPS FOR STUDENTS TEXAS A&M UNIVERSITY AT CORPUS CHRISTI 6300 OCEAN DR CORPUS CHRISTI TX 78412 741760663 PUBLIC SCHOOL 28000 SCHOLARSHIPS FOR STUDENTS TEXAS A&M UNIVERSITY AT GALVESTON PO BOX 1675 GALVESTON TX 77553 742125225 PUBLIC SCHOOL 16130 SCHOLARSHIPS FOR STUDENTS TEXAS A&M KINGSVILLE 700 UNIVERSITY BLVD KINGSVILLE TX 78363 746001530 PUBLIC SCHOOL 63400 SCHOLARSHIPS FOR STUDENTS TEXAS AGRILIFE EXTENSION SERVICE 2147 TAMU COLLEGE STATION TX 77843 746000531 PUBLIC SCHOOL 36000 GENERAL SUPPORT TEXAS LUTHERAN UNIVERSITY 1000 WEST COURT ST SEGUIN TX 78155 741109748 501 (C)(3) 10500 SCHOLARSHIPS FOR STUDENTS TEXAS SOUTHERN UNIVERSITY 3100 CLEBURNE ST HOUSTON TX 77004 746001391 501 (C)(3) 8000 GENERAL SUPPORT TEXAS STATE TECHNICAL COLLEGE FOUNDATION THE DBA REGENTS CIRCLE-WACO 3801 CAMPUS DR WACO TX 76705 752892470 501 (C)(3) 14400 SCHOLARSHIPS FOR STUDENTS TEXAS STATE TECHNICAL COLLEGE 3801 CAMPUS DR WACO TX 76705 741646989 PUBLIC SCHOOL 6000 SCHOLARSHIPS FOR STUDENTS TEXAS STATE UNIVERSITY 601 UNIVERSITY SAN MARCOS TX 78666 746002248 PUBLIC SCHOOL 66591 SCHOLARSHIPS FOR STUDENTS TEXAS TECH FOUNDATION PO BOX 42123 LUBBOCK TX 79409 756043842 501 (C)(3) 220000 GENERAL SUPPORT TEXAS TECH UNIVERSITY PO BOX 42123 LUBBOCK TX 79409 756002622 PUBLIC SCHOOL 545119 SCHOLARSHIPS FOR STUDENTS THE FOREVER FOUNDATION FOR TEXAS WILDLIFE 2800 NE LOOP 410 SUITE 105 SAN ANTONIO TX 78218 742605516 501 (C)(3) 236500 GENERAL SUPPORT TRINITY UNIVERSITY 715 STADIUM DR SAN ANTONIO TX 78212 741109633 501 (C)(3) 60718 SCHOLARSHIPS FOR STUDENTS TULSA WELDING SCHOOLHOUSTON CAMPUS INC 243 GREENS ROAD HOUSTON TX 77060 460981933 PUBLIC SCHOOL 6000 SCHOLARSHIPS FOR STUDENTS AND GENERAL SUPPORT UNIVERSITY OF HOUSTON SYSTEM 5000 GULF FWY BLDG I RM 109 HOUSTON TX 77204 746001399 PUBLIC SCHOOL 30480 SCHOLARSHIPS FOR STUDENTS UNIVERSITY OF NORTH TEXAS PO BOX 311370 DENTON TX 76203 756002149 PUBLIC SCHOOL 10400 SCHOLARSHIPS FOR STUDENTS UNIVERSITY OF TEXAS AT ARLINGTON 701 S NEDDERMAN DR ARLINGTON TX 76019 756000121 PUBLIC SCHOOL 6250 SCHOLARSHIPS FOR STUDENTS UNIVERSITY OF TEXAS AT AUSTIN PO BOX 7758 UT STATION AUSTIN TX 78713 746000203 PUBLIC SCHOOL 89830 SCHOLARSHIPS FOR STUDENTS UNIVERSITY OF TEXAS FOUNDATION INC PO BOX 250 AUSTIN TX 78767 741587488 501 (C)(3) 291250 GENERAL SUPPORT AND SCHOLARSHIPS UNIVERSITY OF TEXAS AT SAN ANTONIO 6900 N LOOP 1604 SAN ANTONIO TX 78249 741717115 PUBLIC SCHOOL 66587 SCHOLARSHIPS FOR STUDENTS UNIVERSITY OF THE INCARNATE WORD 4301 BROADWAY SAN ANTONIO TX 78209 741109661 501 (C)(3) 68000 SCHOLARSHIPS FOR STUDENTS VICTORIA COLLEGE 2200 E RED RIVE ST VICTORIA TX 77801 741994810 PUBLIC SCHOOL 6679 SCHOLARSHIPS FOR STUDENTS WEATHERFORD COLLEGE 225 COLLEGE PARK DR WEATHERFORD TX 76086 756002862 PUBLIC SCHOOL 10250 SCHOLARSHIPS FOR STUDENTS WEST TEXAS A&M UNIVERSITY WTAMU BOX 60939 CANYON TX 79016 756031405 PUBLIC SCHOOL 149550 SCHOLARSHIPS FOR STUDENTS WESTERN TEXAS COLLEGE 6200 COLLEGE AVE SNYDER TX 79549 751310636 PUBLIC SCHOOL 5000 SCHOLARSHIPS FOR STUDENTS RESCINDED FUNDS PO BOX 200230 SAN ANTONIO TX 78220 454533237 501 (C)(3) -3227011 RESCINDED FUNDS PART I, LINE 2: THE ORGANIZATION GIVES OUT GRANTS AND SCHOLARSHIPS TO SCHOOLS AND OTHER TAX EXEMPT ENTITIES TO FURTHER THEIR EXEMPT PURPOSE. THE ORGANIZATION REQUIRES THE AWARDED ENTITIES TO SUBMIT REPORTS RELATED TO THE USEAGE OF THE FUNDS RECEIVED, WHICH HELPS IN THE DETERMINATION OF FUTURE AWARDS. 1 X X X X 0 1 0 0 0 0 0 0 0 KEITH MARTIN EXECUTIVE DIRECTOR 457961 0 100000 0 0 0 15788 0 7189 0 580938 0 0 0 PART I, LINE 4B IN 2008, THE AUDIT, FINANCE AND COMPENSATION SUBCOMMITTEE OF THE EXECUTIVE COMMITTEE OF SALE ESTABLISHED A SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN (SERP) FOR THE EXECUTIVE LEADERSHIP OF SALE WITH THE INTENT TO PROMOTE STABILITY, RETENTION, CAPABILITY, AND ATTRACTIVENESS TO THE EXECUTIVE LEADERSHIP.SINCE THE EXECUTIVE DIRECTOR HAD BEEN WORKING AT SALE SINCE 1989 AND THE OTHERS FOR SHORTER PERIODS, SALE WAS HAVING TO ACCELERATE PAYMENTS TO FUND THE PLAN. THE FOLLOWING INDIVIDUALS WERE PARTICIPANTS IN THE SECTION 457(F) NONQUALIFIED DEFERRED COMPENSATION PLAN, FOR WHICH A BALANCE OF $213,101 WAS RECORDED DURING THE FISCAL YEAR ENDED MARCH 31, 2017. THE INDIVIDUALS ARE: GLEN A. PHILLIPS, DEBBIE SCHRONK, BETTY ROST AND MARTHA MAYNARD. IN ADDITION, AN ACCRUAL OF THESE BENEFITS WERE $231,395 FOR THE FISCAL YEAR ENDED MARCH 31, 2017. INCLUDED IN PART II, COLUMN C (BUT ALSO INCLUDES THE EMPLOYER'S CONTRIBUTION TO THEIR RETIREMENT PLAN) ARE THE CURRENT YEAR DEFERRALS FOR THE SERP. THE TOTALS ARE AS FOLLOWS: GLEN A. PHILLIPS - $21,285, MARTHA MAYNARD - $62,116, DEBBIE SCHRONK - $40,320, AND BETTY ROST - $89,380. A FEW OTHER THINGS CONSIDERED WHEN DRAFTING THE ARRANGEMENT TOOK INTO EFFECT 1) THE FUNDS ARE PAYABLE AT RETIREMENT AND SUBJECT TO SUBSTANTIAL RISK OF FORFEITURE 2) THE AUDIT, FINANCE AND COMPENSATION SUBCOMMITTEE HAS REVIEWED THE FORM 990, AND 3) SALE RELIED UPON REBUTTABLE PRESUMPTION GUIDELINES. TINA HAYNES TINA HAYNES IS AN OFFICER/OWNER OF SANGER AND ALTGELT INSURANCE AGENCY 12015 THE EDUCATION FUND/S.A.L.E. HAS PROCURED INSURANCE FROM SANGER AND ALTGELT INSURANCE AGENCY FOR MANY YEARS, AND TINA HAS BEEN AN OFFICER WITH THE EDUCATION FUND AND S.A.L.E. THROUGH THE CURRENT FISCAL YEAR ENDED MARCH 31, 2017. 0 FORM 990, PART VI, SECTION A, LINE 2 ONE OF THE DIRECTORS IS AN OFFICER/PART OWNER OF A BANK THAT PROVIDES SERVICES FOR THE ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 7A DURING S.A.L.E.'S ANNUAL MEETING, THE LIFE MEMBERS ELECT S.A.L.E.'S CURRENT YEAR'S OFFICERS FROM A SELECTED GROUP OF INDIVIDUALS NOMINATED BY THE ELECTION COMMITTEE. THE BOARD MEMBERS OF THE EDUCATION FUND ARE SELECTED FROM THIS GROUP OF ELECTED OFFICERS. FORM 990, PART VI, SECTION B, LINE 11B THE AUDIT COMMITTEE, A SUB-COMMITTEE OF S.A.L.E.'S FINANCE COMMITTEE/EXECUTIVE COMMITTEE, ALONG WITH SENIOR MANAGEMENT OF S.A.L.E, REVIEWS THE FORM 990, AND ANY RECOMMENDATIONS ARE INCORPORATED IN THE RETURN, FOR WHICH THEY GIVE THEIR FINAL APPROVAL. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST STATEMENTS ARE CIRCULATED TO THE STAFF AND DIRECTORS EACH YEAR AND ANY CONFLICTING INTERESTS ARE NOTED AND FOLLOWED. FORM 990, PART VI, SECTION B, LINE 15 THE EDUCATION FUND HAS NO EMPLOYEES. ADMINISTRATIVE AND ACCOUNTING FUNCTIONS ARE TO BE REIMBURSED TO S.A.L.E. FORM 990, PART VI, SECTION C, LINE 18 THE ORGANIZATION WILL FURNISH A COPY OF THEIR FORM 990 AND FORM 1023 UPON WRITTEN REQUEST. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION WILL FURNISH A COPY OF THEIR GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS UPON WRITTEN REQUEST. FORM 990, PART XII, PAGE 12, LINE 2C THERE HAS BEEN NO CHANGE FROM THE PRIOR YEAR IN THE OVERSIGHT OR SELECTION PROCESS PERFORMED BY THE BOARD IN REVIEWING THE AUDIT AND TAX RETURN AND THE SELECTION OF THE AUDITING FIRM. SAN ANTONIO LIVESTOCK EXPOSITION INC(SALE) PO BOX 200230 SAN ANTONIO TX 78220 741075466 THE EDUCATIONAL FUND SERVES AS A SUPPORTING ORGANIZATION TO SALE TX 501(C)(3) LINE 10 SAN ANTONIO LIVESTOCK EXPOSITION INC 1 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 SAN ANTONIO LIVESTOCK EXPOSITION INC (SALE) C 6011463 ACTUAL BALANCES TRANSFERRED SAN ANTONIO LIVESTOCK EXPOSITION INC (SALE) N 125000 ACTUAL BALANCES TRANSFERRED/ACC'D