2016-09-14T10:28:02-05:00 2015-12-31 BRUCE E BERNSTIEN & ASSOCIATES 10440 N CENTRAL EXPRESSWAY STE 1040 DALLAS TX 75231 990 2015-01-01 756038552 EPISCOPAL FOUNDATION OF DALLAS % HARRIET COUSINS EPIS 2143669996 5001 SPRING VALLEY ROAD Suite 400 E DALLAS TX 752443947 ROBIN CALDWELL OFFICER 2143669996 2016-08-10 true BRUCE E BERNSTIEN P01424343 2147060840 2015 2017-02-10 21:41:12Z ROBIN CALDWELL 5001 SPRING VALLEY ROAD 400 DALLAS TX 75244 6082511 false X WWW.EPISCOPALFOUNDATIONDALLAS.ORG X 1948 TX THE FOUNDATION'S MISSION IS TO EXPAND THE KINGDOM OF GOD THROUGH DISCIPLINED INVESTING FOR TRANSFORMATIVE MINISTRIES. 13 12 2 17 0 3575 18575 152545 161227 254104 1284488 14433 17231 424657 1481521 227600 170606 0 0 122640 137253 0 0 0 100919 59343 451159 367202 -26502 1114319 39887287 38520941 34735128 33465382 5152159 5055559 THE FOUNDATION'S MISSION IS TO EXPAND THE KINGDOM OF GOD THROUGH DISCIPLINED INVESTING FOR TRANSFORMATIVE MINISTRIES. false false 179820 170606 Grant Program: The Foundation conducts an annual grant program open to all entities served by the EPISCOPAL DIOCESE OF DALLAS. Recipients need not be a client of the Foundation. 129400 161227 Investment Services:The Foundation manages long-term assets of the Episcopal Diocese of Dallas (EDOD), as well as Episcopal churches, schools, missions, and agencies within the geographic boundaries of EDOD. 309220 true true false false false true false false false false true false false false true true true false false false false false false false false false false true false false false false false false false false false true false false false false false true false false false true 2 0 true 2 true false false false false false false false false false false false false false X 13 12 false false false false false false false true true false false true true true true true true false false false X X HARRIET COUSINS 2143669996 5001 SPRING VALLEY ROAD 400 EAST DALLAS TX 75244 X RT REV PAUL E LAMBERT TRUSTEE 1.0 0.0 X 0 0 0 RT REV george R SUMNER TRUSTEE 1.0 0.0 X 0 0 0 LINDA B MCFARLAND TRUSTEE 2.0 0.0 X 0 0 0 RICHARD H BARRY TRUSTEE 2.0 0.0 X 0 0 0 HARRIET HAHN COUSINS TRUSTEE 2.0 0.0 X 0 0 0 CHARLES JEDSONJED NAU TRUSTEE 2.0 0.0 X 0 0 0 ROBBI RICE DIETRICH TRUSTEE 2.0 0.0 X 0 0 0 JOHN M HIND TRUSTEE 2.0 0.0 X 0 0 0 EUGENIA H KING TRUSTEE 2.0 0.0 X 0 0 0 REV STEPHEN B SWANN TRUSTEE 2.0 0.0 X 0 0 0 PHILIP M DE BRUYN PRESIDENT 2.0 0.0 X X 0 0 0 CHRISTOPHER S AYRES VP/TREASURER 2.0 0.0 X X 0 0 0 DAN E WILSON PAST CHAIRMAN 2.0 0.0 X X 0 0 0 ROBIN M CALDWELL CHAIRMAN 4.0 0.0 X X 0 0 0 STEPHEN P SMILEY PAST VP/ TREASURER 2.0 0.0 X X 0 0 0 HARRY M ROBERTS JR SECRETARY 2.0 0.0 X X 0 0 0 0 0 0 0 false false false 0 18575 18575 MANAGEMENT ADVISORY FEE 525920 161227 161227 161227 160666 160666 0 17231 17231 0 0 0 5724812 4600990 1123822 1123822 1123822 0 0 0 0 1481521 161227 1301719 170606 170606 0 0 0 0 0 127500 95625 31875 0 0 9753 7315 2438 0 4185 3139 1046 17200 12900 4300 0 0 8165 8165 3563 3422 141 0 2483 1855 628 1896 1422 474 0 11880 8910 2970 185 185 0 1179 45 1134 0 0 1385 1385 6446 3796 2650 EDUCATION 675 675 MISC 101 101 367202 309220 57982 0 91749 100531 0 0 0 0 39068 47558 0 0 0 0 0 0 0 0 1250 11 7189 5710 2864 1479 34727528 36889899 5018402 1475920 0 0 0 0 6426 5543 39887287 38520941 7600 5481 0 0 0 0 0 0 0 0 0 0 0 0 0 0 34727528 33459901 34735128 33465382 X 5150409 5053809 1750 1750 0 0 5152159 5055559 39887287 38520941 1114319 -1210919 X false true X true false X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3 26581 596333 true true 5693 4214 1479 1496 1496 0 1479 0 AGENCY FUNDS 33459901 33459901 X 270602 -1210919 -1210919 1481521 1481521 367202 367202 367202 FORM 990, SCHEDULE D, PART X, LINE 2 FIN 48(ASC 740) THE FOUNDATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE "CODE"), EXCEPT TO THE EXTENT IT HAS UNRELATED BUSINESS INCOME. IN ADDITION, THE FOUNDATION HAS BEEN DETERMINED BY THE INTERNAL REVENUE SERVICE NOT TO BE A PRIVATE FOUNDATION WITHIN THE MEANING OF SECTION 509(A) OF THE CODE. FOR THE YEARS ENDED DECEMBER 31, 2015 AND 2014, THE FOUNDATION HAD NO MATERIAL UNRELATED BUSINESS INCOME. ACCORDINGLY, NO PROVISION FOR INCOME TAX HAS BEEN PROVIDED IN THE ACCOMPANYING FINANCIAL STATEMENTS. GAAP REQUIRES THE EVALUATION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN THE COURSE OF PREPARING THE FOUNDATION'S TAX RETURNS TO DETERMINE WHETHER THE TAX POSITIONS ARE MORE LIKELY THAN NOT OF BEING SUSTAINED BY THE APPLICABLE TAX AUTHORITY. TAX POSITIONS NOT DEEMED TO MEET THE MORE LIKELY THAN NOT THRESHOLD WOULD BE RECORDED AS A TAX BENEFIT OR EXPENSE IN THE CURRENT YEAR. A RECONCILIATION IS NOT PROVIDED HEREIN, AS THE BEGINING AND ENDING AMOUNTS OF UNRECOGNIZED BENEFITS ARE ZERO, WITH NO INTERIM ADDITIONS, REDUCTIONS, OR SETTLEMENTS. THE FOUNDATION IS RELYING ON ITS TAX-EXEMPT STATUS AND ITS ADHERENCE TO ALL APPLICABLE LAWS AND REGULATIONS TO PRESERVE THAT STATUS. HOWEVER, THE CONCLUSIONS REGARDING ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES WILL BE SUBJECT TO REVIEW AND MAY BE ADJUSTED AT A LATER DATE BASED ON FACTORS INCLUDING, BUT NOT LIMITED TO ONGOING ANALYSIS OF TAX LAWS, REGULATIONS, AND INTERPRETATIONS THEREOF. ON MAY 22, 2015, THE FOUNDATION RECEIVED A RULING FROM THE INTERNAL REVENUE SERVICE ("IRS") CONFIRMING THE FOUNDATION'S CLASSIFICATION AS A PUBLIC CHARITY UNDER SECTION 509(A)(3). THE IRS FURTHER DETERMINED THE FOUNDATION MEETS THE REQUIREMENTS OF AN INTEGRATED AUXILIARY OF A CHURCH AND AS SUCH, IS NOT REQUIRED TO FILE FORM 990 BUT MANAGEMENT INTENDS TO CONTINUE FILING FORM 990 FOR TRANSPARENCY. THE FOUNDATION RECOGNIZES INTEREST AND PENALTIES, IF ANY, RELATED TO UNCERTIAN TAX POSITIONS AS INCOME TAX EXPENSE. THERE WERE NO INTEREST OR PENALTIES FOR THE YEARS ENDED DECEMBER 31,2015 OR 2014. THE FOUNDATION'S INFORMATIONAL RETURNS FILED ARE GENERALLY SUBJECT TO EXAMINATION FOR THREE YEARS AFTER THE LATER OF THE DUE DATE OR DATE OF FILING. AS A RESULT, THE FOUNDATION IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR YEARS PRIOR TO FISCAL YEAR 2012. true BROTHERHOOD OF ST ANDREWS - ST JAMES CHAPTER 8 PINE RIDGE CIRCLE TEXARKANA TX 75503 383781882 501(C)(3) 8700 KITCHEN RENOVATION FOR RANDY SAM'S OUTREACH SHELTER CHURCH OF THE INCARNATION 3966 MCKINNEY AVENUE DALLAS TX 752042099 750808771 501(C)(3) 20000 BEECHERL CORRIGAN FELLOWS PROGRAM EPISCOPAL CHURCH OF THE EPIPHANY-RICHARDSON 421 CUSTER ROAD RICHARDSON TX 75080 751431035 501(C)(3) 7000 CREDO CAMPUS MINISTRY AND SATURDAY SERVICE EPISCOPAL CHURCH OF THE SAVIOR 110 SOUTH ALMA DR ALLEN TX 75013 800800562 501(C)(3) 7000 CHILDREN AND YOUTH DIRECTOR HOLY FAMILY SCHOOL 500 THROCKMORTON MCKINNEY TX 75069 751025515 501(C)(3) 10000 COMMUNITY GARDEN KITCHEN AT HFS ST JOHN THE APOSTLE EPISCOPAL CHURCH 760 FM 120 POTTSBORO TX 75076 751862944 501(C)(3) 7500 RECONSTRUCT NORTH WALL OF BUILDING ST JOHN'S EPISCOPAL SCHOOL 848 HARTER RD DALLAS TX 75218 752147746 501(C)(3) 15356 CHAPLAINCY INITIATIVE & SCHOLARSHIP ST MATTHEW'S CATHEDRAL 5100 ROSS AVE DALLAS TX 75206 750800675 501(C)(3) 11725 YOUNG ADULT MINISTRY & GENERAL SUPPORT & MISSIONARY WORK ST MARK'S EPICOPAL CHURCH 516 S OCONNOR ROAD IRVING TX 75060 756031685 501(C)(3) 10000 YOUTH FORMATION 9 FORM 990, SCHEDULE I ,LINE 2 PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS The Foundation requires grant recipients to sign an agreement before funds are disbursed. The agreement states the grant is for the specific purpose set forth and monies received by Grantee may be expended for no other purpose without the express written approval of the Foundation. Grantees certify their organization is ready to expend the funds received for the stated purpose. If grant funds are not expended for the stated purpose by December 31 of the current year, the Foundation reserves the right to rescind the grant and ask the Grantee to re-apply for funding in the following year. Grantees agree to submit, by April 15 of the next year, a brief narrative summary report on the disposition of grant monies received. The report should be supplemented by an itemized account of expenditures, photographs of the project and published announcements. If grant monies received have not been fully expended, the report should provide details as to the status of the project and a timeline for its completion. If the organization does not submit the requested report, it may not be eligible for future grants. In 2015 $5,575 of prior year grants were returned by recipients as unusable for the purpose funds were granted. That amount reduced total grant expense for 2015. NO SINGLE TRANSACTION OVER 10000 FORM 990, PART VI, LINE 11B REVIEW PROCESS The Form 990 is reviewed by the Audit and Administrative Committee and results are reported to the Executive Committee prior to filing the return with the IRS. FORM 990, PART VI, LINE 12C MONITOR AND ENFORCE COMPLIANCE WITH THE WRITTEN CONFLICT OF INTEREST POLICY Trustees, committee members and employees have a duty to immediately disclose any transactions or relationships involving possible conflict of interest. In the event of a conflict of interest, the interested party must recuse him or herself from participation in the decision and this is documented in the minutes as required by the Conflict of Interest Policy. In addition, an annual review for any conflicts of interest is conducted by the Executive Director and reported to the Chairman of the Board of Directors and the Audit Committee. FORM 990, PART VI, LINE 19 PUBLIC DISCLOSURE THE FOUNDATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC DURING THE YEAR ON ITS WEBSITE, WWW.EPISCOPALFOUNDATIONDALLAS.ORG GASTON EPISCOPAL HOSPITAL FOUNDATION 5001 SPRING VALLEY RD 400 E DALLAS TX 75244 751743288 GRANTMAKING TX 501(C)(3) PF false false false false false false false false false false false false true false true true false false false false