2024-05-14T17:16:23-05:00 2023-06-30 366055558 GRANT THORNTON LLP 1000 WILSON BOULEVARD SUITE 1500 ARLINGTON VA 22209 990 2022-07-01 752834344 UNITED WAY FOUNDATION OF METROPOLITAN DALLAS UNIT 2149780000 1800 N LAMAR STREET DALLAS TX 75202 REBECCA BILLINGS CFO 2149780000 2024-05-14 1 REBECCA BILLINGS 999009999 1 MARY TORRETTA P00847851 7038477500 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z JENNIFER SAMPSON 1800 N LAMAR STREET DALLAS TX 75202 32938797 0 X WWW.UNITEDWAYDALLAS.ORG X 1999 TX THE FOUNDATION WAS FOUNDED EXCLUSIVELY FOR THE PURPOSE OF RECEIVING (CONTINUED IN PART III) 26 26 0 26 0 0 6629999 2625777 0 0 2421486 1337734 9500 0 9060985 3963511 2658000 2963635 0 0 0 0 0 0 714231 759875 1179721 3417875 4143356 5643110 -179845 57626960 63915076 3563205 4263590 54063755 59651486 THE FOUNDATION WAS FOUNDED EXCLUSIVELY FOR THE PURPOSE OF RECEIVING GIFTS, GRANTS AND BEQUESTS IN ORDER TO ESTABLISH AN ENDOWMENT FUND FOR THE LONG-TERM BENEFIT OF THE UNITED WAY OF METROPOLITAN DALLAS. 0 0 2500000 2500000 DURING THE YEAR ENDING JUNE 30, 2023, THE UNITED WAY FOUNDATION OF METROPOLITAN DALLAS (UWFMD) BOARD MADE A DISTRIBUTION OF $2,500,000 FROM ITS ENDOWMENTS TO THE UNITED WAY OF METROPOLITAN DALLAS, INC. (UWMD), WHICH REPRESENTS THE HIGHER OF $2,500,000 OR 4.5% OF THE 12-QUARTER ROLLING AVERAGE ENDOWMENT MARKET VALUE OR THE MOST RECENT QUARTER'S ENDOWMENT CLOSING MARKET VALUE AS OF DECEMBER 31, 2022, WHICHEVER IS LOWER. 368635 368635 UWFMD RECEIVED FUNDS DESIGNATED TO UWMD DURING THE YEAR ENDING JUNE 30, 2023. THESE MONIES WERE GRANTED TO THE UWMD AS REQUESTED BY THE DONOR. 501531 95000 UWFMD RECEIVED FUNDS DESIGNATED TO AGENCIES DURING THE YEAR ENDING JUNE 30, 2023. THESE MONIES WERE GRANTED TO THE AGENCY AS REQUESTED BY THE DONOR. 3370166 1 1 0 0 0 1 0 0 0 1 0 0 0 1 1 1 1 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 26 26 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X X REBECCA BILLINGS 2149780000 1800 N LAMAR DALLAS TX 75202 TERRI WEST BOARD CHAIR 5.00 2.00 X X 0 0 0 CLINT MCDONNOUGH BOARD VICE CHAIR 5.00 0.00 X X 0 0 0 KEVIN MARCH SECRETARY/TREASURER/INV. COM. CHAIR 5.00 0.00 X X 0 0 0 MILLIE BRADLEY AT-LARGE MEMBER 2.00 0.00 X 0 0 0 HAL BRIERLEY AT-LARGE MEMBER 2.00 0.00 X 0 0 0 JIM BURKE AT-LARGE MEMBER 2.00 0.00 X 0 0 0 TOM CODD AT-LARGE MEMBER 2.00 0.00 X 0 0 0 PETE CHILIAN AT-LARGE MEMBER 2.00 0.00 X 0 0 0 JASON DOWNING AT-LARGE MEMBER 2.00 0.00 X 0 0 0 CURTIS M FITZGERALD AT-LARGE MEMBER 2.00 0.00 X 0 0 0 BARRY A FROMBERG AT-LARGE MEMBER 2.00 0.00 X 0 0 0 EDWARD G GALANTE AT-LARGE MEMBER 2.00 0.00 X 0 0 0 ERIN GEORGE AT-LARGE MEMBER 2.00 0.00 X 0 0 0 CAROL GLENDENNING AT-LARGE MEMBER 2.00 0.00 X 0 0 0 ASHLEE KLEINERT AT-LARGE MEMBER 2.00 0.00 X 0 0 0 J PETER KLINE AT-LARGE MEMBER 2.00 0.00 X 0 0 0 PEDRO LERMA AT-LARGE MEMBER 2.00 0.00 X 0 0 0 ANNE MOTSENBOCKER AT-LARGE MEMBER 2.00 0.00 X 0 0 0 RON PARKER AT-LARGE MEMBER 2.00 0.00 X 0 0 0 CAROLYN PEROT RATHJEN AT-LARGE MEMBER 2.00 0.00 X 0 0 0 STANLEY A RABIN AT-LARGE MEMBER 2.00 0.00 X 0 0 0 DAVE C RADER AT-LARGE MEMBER 2.00 0.00 X 0 0 0 DEBBIE TAYLOR AT-LARGE MEMBER 2.00 0.00 X 0 0 0 MARY TEMPLETON AT-LARGE MEMBER 2.00 0.00 X 0 0 0 DEBRA VON STORCH AT-LARGE MEMBER 2.00 0.00 X 0 0 0 W KELVIN WALKER AT-LARGE MEMBER 2.00 0.00 X 0 0 0 JENNIFER SAMPSON PRESIDENT AND CEO 8.00 32.00 X 0 628369 112789 SUSAN E PEEK CHIEF IMPACT/STRATEGY OFFICER 6.00 34.00 X 0 440178 33925 JANICE W HARISSIS CHIEF FINANCIAL OFFICER 2.00 38.00 X 0 323592 19149 0 1392139 165863 0 0 1 0 0 2625777 2625777 1165553 1165553 29147467 28975286 172181 172181 172181 3963511 0 0 1337734 2963635 2963635 58959 58959 714231 714231 BAD DEBT EXPENSE 406531 406531 4143356 3370166 58959 714231 369198 497485 0 0 2487262 2366574 0 0 0 0 0 0 406531 0 0 0 0 0 0 0 0 0 49682629 57563835 0 0 0 0 0 0 4681340 3487182 57626960 63915076 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 3563205 4263590 3563205 4263590 X 25705294 30407715 28358461 29243771 54063755 59651486 57626960 63915076 X -179845 5381287 386289 X 0 1 X 1 0 X X X 1 UNITED WAY OF METROPOLITAN DALLAS INC 756005352 7 1 2868635 0 1 2868635 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 3 2815 110000 1021939 1 1 47540036 3752191 6656349 2530547 55418029 54572331 2806865 -7728000 2111160 47540036 43865673 1376636 12536616 3206594 54572331 47147486 2242870 1682382 3182266 4024799 43865673 45173952 1799685 2761370 2587521 47147486 0.52230 0.46120 0.01650 1 0 0 0 0 0 0 LIFE INSURANCE - CSV 1941294 DUE FROM UWMD 1030388 CUSTODIAN ASSET 465500 MICROLENDING DEPOSIT 50000 3487182 CUSTODIAN LIABILITY 465500 DUE TO UWMD 3798090 4263590 X 8935839 5381287 -350000 5031287 3904552 58959 58959 3963511 3348108 0 3348108 58959 736289 795248 4143356 PART V, LINE 4: INTENDED USE OF ENDOWMENT FUNDS THE ENDOWMENT FUNDS ARE ESTABLISHED FOR THE EXCLUSIVE PURPOSE TO SUPPORT THE PROGRAM INITIATIVES OF UWMD. PART X, LINE 2: LIABILITY FOR UNCERTAIN TAX POSITIONS (ASC 740) THE FOUNDATION FOLLOWS GUIDANCE THAT CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN, INCLUDING ISSUES RELATING TO FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT. THIS GUIDANCE PROVIDES THAT THE TAX EFFECTS FROM AN UNCERTAIN TAX POSITION CAN ONLY BE RECOGNIZED IN THE FINANCIAL STATEMENTS IF THE POSITION IS "MORE-LIKELY-THAN-NOT" TO BE SUSTAINED IF THE POSITION WERE TO BE CHALLENGED BY A TAXING AUTHORITY. THE ASSESSMENT OF THE TAX POSITION IS BASED SOLELY ON THE TECHNICAL MERITS OF THE POSITION, WITHOUT REGARD TO THE LIKELIHOOD THAT THE TAX POSITION MAY BE CHALLENGED. THE FOUNDATION HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: LOSS ON WRITE-OFF OF NOTE REC. -350,000. PART XII, LINE 4B - OTHER ADJUSTMENTS: FISCAL YEAR 2023 INCREASE IN CASH VALUE OF LIFE INSURANCE 386,289. LOSS ON WRITE-OFF OF NOTE REC. 350,000. RECONCILIATION OF ASSETS AND LIABILITIES TO FINANCIALS UWMD IS A BENEFICIARY OF THE UNITED WAY FOUNDATION OF METROPOLITAN DALLAS (FOUNDATION) AS A SUPPORTED ORGANIZATION. THE FOUNDATION FUNDS ARE ESTABLISHED FOR THE EXCLUSIVE PURPOSE OF THE DONORS AND TO SUPPORT THE PROGRAM INITIATIVES OF UWMD. UWMD UWFMD ELIMINATIONS CONSOLIDATED TOTAL ASSETS 58,652,292 63,915,076 (4,828,478) 117,738,890 TOTAL LIABILITIES 12,686,865 4,263,590 (4,828,478) 12,121,977 NET ASSETS 45,965,427 59,651,486 0 105,616,913 1 UNITED WAY OF METROPOLITAN DALLAS INC 1800 N LAMAR STREET DALLAS TX 75202 756005352 501(C)(3) 2500000 0 SUPPORT UWMD UNITED WAY OF METROPOLITAN DALLAS INC 1800 N LAMAR STREET DALLAS TX 75202 756005352 501(C)(3) 368635 0 DONOR DESIGNATIONS LUTHERAN SECONDARY ASSOCIATION OF DALLAS 8494 STULTS RD DALLAS TX 75243 756210162 501(C)(3) 50000 0 DONOR DESIGNATIONS TEAMMATES FOR KIDS FOUNDATION PO BOX 461315 DENVER CO 80246 841484370 501(C)(3) 20000 0 DONOR DESIGNATIONS HENRYETTA LIVE FOUNDATION 702 E MAIN ST HENRYETTA OK 74437 873065106 501(C)(3) 10000 0 DONOR DESIGNATIONS HENRYETTA PUBLIC SCHOOLS 1800 TROY AIKMAN DRIVE HENRYETTA OK 74437 736021178 GOV 10000 0 DONOR DESIGNATIONS 5 0 PART I, LINE 2: PROCEDURE FOR MONITORING USE OF GRANT FUNDS INSIDE THE U.S. GRANTS ARE MADE IN ACCORDANCE WITH THE OPERATING PURPOSE OF THE ORGANIZATION TO SUPPORT THE OPERATION AND MISSION OF UWMD. IN ADDITION TO SUPPORTING UWMD, UWFMD ALSO HAD $95,000 IN DONOR DESIGNATED FUNDS TO AGENCIES. 0 1 0 0 0 0 0 0 0 JENNIFER SAMPSON PRESIDENT AND CEO 0 425416 0 193349 0 9604 0 96600 0 16189 0 741158 0 0 SUSAN E PEEK CHIEF IMPACT/STRATEGY OFFICER 0 318282 0 118728 0 3168 0 21406 0 12519 0 474103 0 0 JANICE W HARISSIS CHIEF FINANCIAL OFFICER 0 272088 0 48204 0 3300 0 17853 0 1296 0 342741 0 0 PART I, LINE 3 RELATED ORGANIZATIONS METHOD OF ESTABLISHING COMPENSATION FOR THE CEO ALL COMPENSATION FOR OFFICERS/DIRECTORS/HIGHEST COMPENSATED EMPLOYEES IS PAID BY A RELATED ORGANIZATION, UWMD. UWFMD RELIED ON UWMD TO REVIEW THIS INFORMATION FOR ALL COMPENSATION PAID. THE COMPENSATION COMMITTEE IS A COMMITTEE OF THE BOARD. THE COMMITTEE HAS THE RESPONSIBILITY OF DETERMINING AND RECOMMENDING, TO THE BOARD FOR APPROVAL, THE CEO'S COMPENSATION. UWMD'S HUMAN RESOURCES PROVIDES FACTUAL, SUPPORTIVE, AND COMPARATIVE INFORMATION, AS REQUESTED. THE COMMITTEE REVIEWS AND APPROVES UWMD'S GOALS AND OBJECTIVES RELEVANT TO CEO COMPENSATION AND EVALUATES THE PERFORMANCE OF THE CEO ANNUALLY AGAINST THOSE GOALS AND OBJECTIVES. THE CEO'S COMPENSATION PACKAGE IS BASED ON THIS EVALUATION. THE DELIBERATIONS AND DECISIONS OF THE COMMITTEE ARE DOCUMENTED IN CONTEMPORANEOUS SUBSTANTIATION. SCHEDULE J, PART I, LINE 4B PERSONS PARTICIPATING IN A SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN JENNIFER SAMPSON PARTICIPATED IN THE ORGANIZATION'S 457F PLAN. FOR CALENDAR YEAR 2022, MS. SAMPSON RECEIVED THE FOLLOWING; EMPLOYER 457F DEFERRAL $70,000 THIS AMOUNT IS REPORTED ON SCHEDULE J, PART II, COL C. FORM 990, PART VI, SECTION A, LINE 1A EXECUTIVE COMMITTEE THE EXECUTIVE COMMITTEE IS CHAIRED BY THE BOARD CHAIR AND COMPRISED OF THE BOARD OFFICERS AND THE PRESIDENT AND CEO. THE BOARD CHAIR MAY ELECT TO INCLUDE ADDITIONAL MEMBERS. THE EXECUTIVE COMMITTEE MEETS REGULARLY WITH THE PRESIDENT AND CEO AND MONITORS AND OVERSEES GOVERNANCE AND ORGANIZATIONAL ISSUES ON BEHALF OF THE BOARD. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 REVIEW PROCESS AN INDEPENDENT CPA FIRM SPECIALIZING IN TAX PREPARATION SERVICES PREPARED THE 990 FORM USING INFORMATION FROM AUDITED FINANCIAL STATEMENTS AND INFORMATION PROVIDED BY UWMD STAFF. UWMD STAFF REVIEWED THE COMPLETED FORM 990. THE RETURN IS DELIVERED TO MEMBERS OF THE AUDIT AND ETHICS COMMITTEE AND BOARD FOR REVIEW AND COMMENTS. A FINAL COPY OF THE FORM 990 IS PROVIDED TO THE ENTIRE BOARD PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C MONITORING AND ENFORCING COMPLIANCE THE CODE OF BUSINESS CONDUCT, ETHICS, AND CONFLICT OF INTEREST IS DISTRIBUTED TO DIRECTORS, OFFICERS, STANDING COMMITTEE MEMBERS AND EMPLOYEES ON AN ANNUAL BASIS. DIRECTORS, OFFICERS, STANDING COMMITTEE MEMBERS, AND EMPLOYEES ARE REQUIRED TO SIGN AN AFFIRMATIVE ACTION STATEMENT OF COMPLIANCE AND TO DISCLOSE ANY FINANCIAL OR OTHER RELATIONSHIPS THAT COULD POTENTIALLY GIVE RISE TO A CONFLICT OF INTEREST ALONG WITH THE REASONS, IF ANY, THEY BELIEVE SUCH RELATIONSHIPS WOULD NOT VIOLATE THE CONFLICT OF INTEREST DEFINITIONS PER THE IRS INSTRUCTIONS TO THE FORM 990. BOARD MEMBERS ARE REQUIRED TO RECUSE THEMSELVES FROM DISCUSSIONS AND DECISIONS IMPACTING POTENTIAL CONFLICT OF INTERESTS. COMPLETED CODE OF BUSINESS CONDUCT, ETHICS AND CONFLICT OF INTEREST FORMS ARE REVIEWED BY THE LEADERSHIP TEAM TO DETERMINE IF FURTHER ACTIONS ARE REQUIRED. FORM 990, PART VI, SECTION B, LINE 15 PROCESS FOR DETERMINING COMPENSATION ALL COMPENSATION FOR OFFICERS/DIRECTORS/HIGHEST COMPENSATED EMPLOYEES IS PAID BY A RELATED ORGANIZATION, UWMD. UWFMD RELIED ON UWMD TO REVIEW THIS INFORMATION FOR ALL COMPENSATION PAID. THE COMPENSATION COMMITTEE IS A COMMITTEE OF THE BOARD. THE COMMITTEE HAS THE RESPONSIBILITY OF DETERMINING AND RECOMMENDING, TO THE BOARD FOR APPROVAL, THE CEO'S COMPENSATION. UWMD'S HUMAN RESOURCES PROVIDES FACTUAL, SUPPORTIVE, AND COMPARATIVE INFORMATION, AS REQUESTED. THE COMMITTEE REVIEWS AND APPROVES UWMD'S GOALS AND OBJECTIVES RELEVANT TO CEO COMPENSATION AND EVALUATES THE PERFORMANCE OF THE CEO ANNUALLY AGAINST THOSE GOALS AND OBJECTIVES. THE CEO'S COMPENSATION PACKAGE IS BASED ON THIS EVALUATION. THE DELIBERATIONS AND DECISIONS OF THE COMMITTEE ARE DOCUMENTED IN CONTEMPORANEOUS SUBSTANTIATION. FORM 990, PART VI, SECTION C, LINE 19 FORM 990, PART VI, SECTION C, LINE 18 & 19: HOW DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UWFMD'S FORM 990 IS AVAILABLE ON THE WEBSITE AND THE FORM 1023 IS AVAILABLE UPON REQUEST. UWFMD'S GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE TO THE PUBLIC UPON REQUEST. REQUESTS MAY BE SENT TO: UWMD ACCOUNTING AND FINANCE, 1800 N. LAMAR STREET, DALLAS, TX 75202. REQUESTS CAN ALSO BE MADE BY CALLING THE UWMD ACCOUNTING AND FINANCE DEPARTMENT AT (214) 978-0000. AUDITED FINANCIAL STATEMENTS AND FILED FORM 990'S ARE AVAILABLE BY ACCESSING UWMD'S WEBSITE AT WWW.UNITEDWAYDALLAS.ORG. AFTER REACHING THE WEBSITE, GO TO "ABOUT" THEN "FINANCIALS" TO OBTAIN THE NECESSARY INFORMATION. FORM 990, PART XI, LINE 9: FISCAL YEAR 2022 INCREASE IN CASH VALUE OF LIFE INSURANCE 386,289. UNITED WAY OF METROPOLITAN DALLAS INC 1800 N LAMAR STREET DALLAS TX 75202 756005352 HLTH/HUM SVCS TX 501(C)(3) LINE 7 N/A 0 0 1 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0