2016-07-18T11:40:07-05:00 2015-12-31 410746749 CliftonLarsonAllenLLP 5001 Spring Valley Road Suite 600W Dallas TX 75244 990 2015-01-01 752078664 Boys & Girls Clubs of Greater Dallas Inc Foundation BOYS 2148212950 4816 Worth Street Dallas TX 75246 Clint Murchison III President 2148212950 2016-06-28 1 Larry Adams P01314654 9723835700 2015 2016-12-15 16:53:06Z Charles English 4816 Worth Street Dallas TX 75246 4400408 0 X www.bgcdallas.org X 1985 TX The Foundation was created to support The Boys & Girls Clubs of Greater Dallas Inc. 5 5 0 5 0 0 0 3948474 0 0 163062 90654 0 0 163062 4039128 94684 96952 0 0 0 0 0 0 0 22780 30112 117464 127064 45598 3912064 2055327 5813928 0 15651 2055327 5798277 The Foundation was created to support The Boys & Girls Clubs of Greater Dallas Inc. 0 0 96952 96952 0 The Foundation was created to support The Boys & Girls Clubs of Greater Dallas Inc. In order to maintain long term funding, the Club's Board of Directors voted to transfer its assets in the BGCDallas Endowment fund ($3,699,423) to the Foundation to increase the size of the Foundation, protect its assets, and insure continued long term funding for the Club. 96952 1 1 0 0 0 0 0 0 0 1 0 1 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 5 5 1 0 1 0 0 1 0 1 0 0 0 1 1 1 1 1 1 0 0 0 X Craig Price 2148212950 4816 Worth Street Dallas TX 75246 Clint W Murchison III President 1.00 0.00 X X 0 0 0 Gerald Louviere Vice President 1.00 1.00 X X 0 0 0 George Murchison Treasurer 1.00 0.00 X X 0 0 0 William M Lamont III Director 1.00 0.00 X 0 0 0 Christopher Trowbridge Director 1.00 1.00 X 0 0 0 Charles English President - BGCGD 0.00 40.00 X 0 162480 18828 Craig Price VP Finance - BGCGD 0.20 40.00 X 0 109584 15165 0 272064 33993 0 0 1 0 0 3709790 238684 3709790 3948474 68938 68938 382996 361280 21716 21716 21716 4039128 0 0 90654 96952 96952 15651 15651 1436 1436 13025 13025 127064 96952 30112 0 12131 112974 0 238684 2043196 5462270 2055327 5813928 0 15651 0 15651 X 1158143 4898825 94684 96952 802500 802500 2055327 5798277 2055327 5813928 3912064 -169114 0 X 0 1 X 1 0 X X 1 Boys & Girls Clubs of Greater Dallas Inc 751152657 7 1 96952 0 1 96952 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 2055327 3709790 -78460 96952 14461 5575244 2046792 125999 94684 22780 2055327 1881276 278717 91200 22001 2046792 1772891 216133 87136 20612 1881276 702500 11840 11840 -1070391 1772891 0.83870 0.14390 0.01740 0 0 0 Equity Common Trust Funds 2783567 F Fixed Income Common Trust Funds 1427567 F Specialty Common Trust Funds 1251136 F 5462270 X Part V, Line 4: The Foundation's endowment funds are held to support the Boys & Girls Clubs of Greater Dallas Inc. Part X, Line 2: The Foundation is exempt from Federal income tax under Section 501(c)(3) of the Internal Revenue Code. 1 Boys & Girls Clubs of Greater Dallas Inc 4816 Worth Street Dallas TX 75246 751152657 501(c)(3) 96952 N/A N/A General operating support 1 0 Part I, Line 2: The Foundation makes grants to its supported organization, Boys & Girls Clubs of Greater Dallas Inc. There are individuals that serve on both organizations' Boards of Directors. No formal monitoring is required. 0 0 0 0 0 0 0 0 0 Charles English President - BGCGD 0 146480 0 16000 0 0 0 7358 0 11470 0 181308 0 0 Part I, Line 3 The Foundation relied on Boys & Girls Clubs of Greater Dallas Inc., a related organization to determine the compensation for the CEO. The related organization used the following methods to determine the compensation: Form 990 of other organizations, compensation survey or study, and approval by the board or compensation committee. X 1 3709790 FMV 0 0 0 0 Part I, Column (b): The Foundation is reporting the number of contributors in column (b). Form 990, Part VI, Section A, line 2 Clint Murchison and George Murchison - family relationship Form 990, Part VI, Section A, line 4 The Foundation restated its governing documents to: 1) Clarify that the Foundation will never engage in any activity that would invalidate its status as an exempt organization; clarify that upon dissolution, after all obligations are paid, any remaining assets are to be distributed to the Boys & Girls Clubs of Greater Dallas, Inc. or any successor organization or organizations with substantially similar purposes. If there are no organizations that meet this criteria, the Board of Directors may select one or more 501(c)(3) organizations to receive the distribution. 2) Change the number of board members elected by the Boys & Girls Clubs of Greater Dallas, Inc. 3) Update the responsibilities of the officers of the board. 4) Set two year term limit for board members. 5) Add a conflict of interest policy to the Bylaws. 6) Change the method in which the Bylaws may be amended. Form 990, Part VI, Section A, line 7a The Foundation's Board of Directors consist of such number of voting directors (not less than three) as determined from time to time by resolution of the directors, provided, that no decrease in number shall have the effect of shortening the term of any incumbent director. A simple majority, but not more, of the voting directors are elected by the Board of Directors of Boys & Girls Clubs of Greater Dallas, Inc., and the remaining voting directors are elected by the Board of Directors of the Foundation. At all times a majority of the directors of the Foundation must consist of individuals other than then-serving (determined solely as of the time of such director's election) members of the Board of Directors, officers or employees of the Boys & Girls Clubs of Greater Dallas, Inc. Form 990, Part VI, Section A, line 8b The Foundation does not have any committees with authority to act on behalf of the governing body. Form 990, Part VI, Section B, line 11 The Form 990 will be reviewed by the Foundation's President and the VP Finance of Boys & Girls Clubs of Greater Dallas Inc. The Form 990 will be provided to the entire Board of Directors prior to filing with the IRS. Form 990, Part VI, Section B, line 12c The conflict of interest policy applies to the Board of Directors, staff members, and volunteers. Covered individuals are required to update disclosures annually. Full disclosure, by notice in writing, shall be made by the interested parties to the fully Board of Directors in all conflicts of interest. Following full disclosure of a possible conflict of interest or any condition listed above, the Board of Directors shall determine whether a conflict of interest exists and, if so, the Board shall vote to authorize or reject the transaction or take any other action deemed necessary to address the conflict and protect the organization's best interests. Both votes shall be by a majority vote without counting the vote of any interested director, even if the disinterested directors are less than a quorum provided that at least one consenting director is disinterested. An interested Board member, officer, or staff member shall not participate in any discussion or debate of the Board of Directors, or of any committee or subcommittee thereof in which the subject of discussion is a contract, transaction, or situation in which there may be a perceived or actual conflict of interest. However, they may be present to provide clarifying information in such a discussion or debate unless objected to by any present Board or Committee member. Proceedings are documented in the meeting minutes or as otherwise appropriate. Form 990, Part VI, Section C, line 19 The Foundation makes its governing documents and financial statements available to the public at the administrative office or upon request. Boys & Girls Clubs of Greater Dallas Inc 4816 Worth Street Dallas TX 75246 751152657 Behavior Guidance TX 501(c)(3) Line 7 N/A 0 Chambers-Schoellkopf-Trim Scholarship Foundation 4816 Worth Street Dallas TX 75246 752213989 Scholarships TX 501(c)(3) PF Boys & Girls Clubs of Greater Dallas Inc 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 Boys & Girls Clubs of Greater Dallas Inc C 3709789 FMV Boys & Girls Clubs of Greater Dallas Inc B 96952 FMV