2024-09-16T09:07:22+00:00 2023-10-31 350921680 CROWE LLP 5810 TENNYSON PARKWAY Suite 450 Plano TX 750244112 990 2022-11-01 752439715 Salesmanship Club Foundation SALE 2149439700 106 E 10th St 200 Dallas TX 75203 Brandon Booker Senior Director of Finance 2149439700 2024-09-16 true Andrew J Gray P01517705 2147775200 2022 2024-08-08 14:25:15Z Teri Isaacs 106 E 10th St 200 Dallas TX 75203 15884293 false X N/A X 1992 TX SUPPORT MOMENTOUS INSTITUTE AND THE SALESMANSHIP CLUB OF DALLAS CHARITABLE AND EDUCATIONAL UNDERTAKINGS. 9 9 0 9 0 0 15625 29175 0 0 8754917 5927259 65593 38123 8836135 5994557 6411576 6822945 0 0 0 0 0 0 1275000 1225243 7686576 8048188 1149559 -2053631 167334346 163612190 63785 53732 167270561 163558458 SUPPORT MOMENTOUS INSTITUTE AND THE SALESMANSHIP CLUB OF DALLAS TO PROMOTE THE EDUCATIONAL AND MENTAL HEALTH SERVICES FOR CHILDREN AND THEIR FAMILIES THROUGH AN AFFILIATED NON-PROFIT OPERATING CORPORATION. THE SALESMANSHIP CLUB OF DALLAS PROVIDES MOMENTOUS INSTITUTE WITH OPERATING FUNDS NECESSARY TO CARRY OUT OPERATIONS, AND ACTIVITIES OF ITS PROGRAMS AND FACILITY NEEDS. false false 6822945 6822945 0 The Foundation is organized and operated to support the charitable and educational undertakings of Momentous Institute and Salesmanship Club of Dallas to receive, hold, manage, convey and dispose of property and invest funds donated or otherwise acquired. Momentous Institute is dedicated to innovative mental health services, education, and professional training to strengthen children, families, and communities. The organization partners with over 5,000 children and family members directly through innovative education and therapeutic services. Momentous Institute offers a range of therapeutic services, including individual, family and group therapies, and parent education. Using a strength-based approach, children and families are able to walk through trauma, conflict and other challenges. Momentous School provides pre-kindergarten, children ages 3 years old through fifth grade education to students, the majority of whom qualify for a free or reduced lunch. Momentous School uses a strengths-based approach to weave experiences in social emotional health with a rich curriculum. The organization also invests in research and training, including the annual Changing the Odds conference, to reach far more children than could ever be seen directly. 6822945 true true false false false false false false true false false false false false true true true false false false false false false false false false true false true false false false false false false false false false false false false true true false false false true 0 0 0 false false false false false false false false false false false false X 9 9 false false false false true true true true false false false true true true true true true false false true true X Brandon Booker 2149439700 106 E 10TH ST Suite 200 Dallas TX 75203 C PRICE WAGNER Secretary 1.0 2.0 X X 0 0 0 PETER C CHILIAN CHAIRMAN (As of Nov 2022) 1.0 0 X X 0 0 0 PHILIP C KISTLER CHAIRMAN (partial year) 1.0 0 X X 0 0 0 STANLEY SHIPLEY Treasurer 1.0 0 X X 0 0 0 BLAKE CECIL TRUSTEE 1.0 0 X 0 0 0 GEORGE MORGAN III TRUSTEE 1.0 0 X 0 0 0 JAMES YODER TRUSTEE 1.0 2.0 X 0 0 0 JOHN R WAGNER Trustee (partial year) 1.0 1.0 X 0 0 0 KURT STEVES TRUSTEE 1.0 1.0 X 0 0 0 MARK GEHLBACH TRUSTEE 1.0 1.0 X 0 0 0 MIKE HAGGERTY TRUSTEE 1.0 0 X 0 0 0 SAMUEL S MOORE TRUSTEE (Partial Year) 1.0 0 X 0 0 0 BRANDON BOOKER SR. DIRECTOR OF FINANCE 4.0 28.0 X 0 79864 18054 TERI ISAACS EXECUTIVE DIRECTOR 8.0 20.0 X 0 333674 29276 LINDA JILEK CONTROLLER 4.0 28.0 X 0 129181 38255 0 542719 85585 0 false true false LUTHER KING CAPITAL MANAGEMENT 301 COMMERCE ST SUITE 1600 FT WORTH TX 761024116 Investment Management Services 633578 1 29175 29175 0 0 0 0 0 3137650 3137650 38123 38123 0 0 12679345 9889736 2789609 0 2789609 2789609 0 0 0 0 0 5994557 0 0 5965382 6822945 6822945 25123 25123 643578 643578 0 0 0 0 48969 48969 OVERHEAD ALLOCATIONS 504244 504244 PROPERTY & INCOME TAXES 3329 3329 0 0 0 0 8048188 6822945 1225243 0 11523808 693219 48 148 0 0 0 0 0 0 0 0 155088344 162165493 432573 435826 0 289573 317504 167334346 163612190 50475 53732 0 0 13310 0 63785 53732 X 69831368 68317326 97439193 95241132 167270561 163558458 167334346 163612190 -2053631 -1658472 0 X false true X true false X X 1 SALESMANSHIP CLUB OF DALLAS 750717135 9 true 6822945 0 1 6822945 0 true false false false false false false false false false false false false false false true false RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 167270561 29175 3663332 6822945 581665 163558458 194791446 15625 -20534162 6411576 590772 167270561 158306132 131881 42446722 5652698 440591 194791446 148342769 58299 15237572 5063110 269398 158306132 136399178 5047269 11553010 4409732 246956 148342769 0.4177 0.5823 0.0 false false Due to Salesmanship Club of Dallas 0 X 3692507 -1658472 0 -1658472 5350979 643578 0 643578 5994557 7404610 0 0 7404610 643578 0 643578 8048188 Schedule D, Part V, Line 4 Intended uses of endowment funds ENDOWMENT FUNDS ARE USED TO SUPPORT THE CHARITABLE AND EDUCATIONAL UNDERTAKINGS OF MOMENTOUS INSTITUTE AND SALESMANSHIP CLUB OF DALLAS BY PROVIDING OPERATING AND PROGRAM RELATED GRANTS. Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote The Foundation is exempt from federal income tax under Section 501(c)(3) of the United States 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 to be a public charity within the meaning of Section 509(a)(3) of the Code. For the years ended October 31, 2023 and 2022, the Foundation had no net 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 return 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 beginning 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. The Foundation recognizes interest and penalties, if any, related to uncertain tax positions as income tax expense. 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. true Salesmanship Club of Dallas 106 E 10th St Suite 200 Dallas TX 75203 750717135 501(c)(3) 6822945 Transfer for operating and program expenses 1 0 Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds. GRANTS ARE AWARDED SOLELY TO RELATED ORGANIZATIONS. REVIEW OF RELATED ORGANIZATIONS' OPERATIONS AND FINANCIAL STATEMENTS OCCURS ON A REGULAR BASIS BY MANAGEMENT AS WELL AS AT BOARD OF DIRECTOR MEETINGS. false false false false false false false false false TERI ISAACS EXECUTIVE DIRECTOR 0 291174 0 30000 0 12500 0 17525 0 11751 0 362950 0 0 LINDA JILEK CONTROLLER 0 129181 0 0 0 0 0 8641 0 29614 0 167436 0 0 Schedule J, Part I, Line 3 Arrangement used to establish the top management official's compensation THE EXECUTIVE DIRECTOR IS AN EMPLOYEE OF A RELATED ENTITY. THEREFORE NO ANSWERS ARE SELECTED AT SCHEDULE J, PART I, LINE 3 -THE RELATED ORGANIZATION USES AN ANNUAL COMPENSATION SURVEY OF SIMILAR NON-PROFIT ORGANIZATIONS. THE SALARIES AND BENEFITS ARE COMPARED TO OTHER ORGANIZATIONS FOR REASONABLENESS. SUCH INFORMATION IS PRESENTED TO THE BOARD OF DIRECTORS. TOTAL SALARIES ARE REVIEWED BY THE FINANCE COMMITTEE AND APPROVED BY THE BOARD OF DIRECTORS. Form 990, Part VI, Line 15a PROCESS TO ESTABLISH COMPENSATION OF TOP MANAGEMENT OFFICIAL Line 15a was answered "no" in accordance with the IRS instructions. THE EXECUTIVE DIRECTOR WAS COMPENSATED BY A RELATED ORGANIZATION, SALESMANSHIP CLUB OF DALLAS, for management of the filing organization. AN INDEPENDENT THIRD PARTY COMPENSATION SURVEY OF SIMILAR NON-PROFIT ORGANIZATIONS IS CONDUCTED EACH YEAR. THE SALARIES AND BENEFITS ARE COMPARED TO OTHER ORGANIZATIONS FOR REASONABLENESS. SUCH INFORMATION IS PRESENTED TO THE BOARD OF DIRECTORS. THE RECOMMENDED SALARY AND BENEFITS ARE APPROVED BY THE BOARD OF DIRECTORS. TOTAL SALARIES ARE REVIEWED BY THE FINANCE COMMITTEE AND APPROVED BY THE BOARD OF DIRECTORS Form 990, Part VI, Line 15b PROCESS TO ESTABLISH COMPENSATION OF OTHER OFFICERS Line 15b was answered "no" in accordance with the IRS instructions. THE SR DIRECTOR OF FINANCE WAS COMPENSATED BY A RELATED ORGANIZATION, SALESMANSHIP CLUB OF DALLAS. AN INDEPENDENT THIRD PARTY COMPENSATION SURVEY OF SIMILAR NON-PROFIT ORGANIZATIONS IS CONDUCTED EACH YEAR. THE SALARIES AND BENEFITS ARE COMPARED TO OTHER ORGANIZATIONS FOR REASONABLENESS. SUCH INFORMATION IS PRESENTED TO THE BOARD OF DIRECTORS. THE RECOMMENDED SALARY AND BENEFITS ARE APPROVED BY THE BOARD OF DIRECTORS. TOTAL SALARIES ARE REVIEWED BY THE FINANCE COMMITTEE AND APPROVED BY THE BOARD OF DIRECTORS Form 990, Part VI, Line 6 Classes of members or stockholders The members of the Foundation Nominating Committee shall be all past Chairmen of the Foundation, all past Presidents of Salesmanship Club who have served as trustees of the Foundation (either voting or non-voting), the incumbent Chairman of the Foundation and the incumbent President of Salesmanship Club. Form 990, Part VI, Line 7a Members or stockholders electing members of governing body The following five members of the Foundation shall serve as the Nominating Committee: (1) Two Past Presidents capable of serving and who reside in the greater Dallas area, as follows: a. The third preceding Past President. b. The fifth preceding Past President. (2) The Current Chairman of the Foundation. (3) Two Immediate Past Chairmen of the Foundation capable of serving and who reside in the greater Dallas area. (4) If a Past President, the current Chairman, or an immediate Past Chairmen is unable to serve or no longer lives in the greater Dallas area, then the individual who was the immediate successor in office to the individual unable to serve shall serve as a member of the Nominating Committee. The Nominating Committee shall select nominee(s) for trustees to fill vacancies as necessary annually prior to the annual meeting of the Board of Trustees. Nominees shall be put forth based upon their independent judgment, financial expertise and understanding and appreciation of their fiduciary duties. Each year prior to the annual meeting of the Board of Trustees, the Board of Trustees shall receive from the Nominating Committee nominations for trustees to fill these trustee vacancies. Trustees shall be elected solely from the slate of such nominees. If the Board of Trustees rejects any such nominee, a new nominee shall be submitted by the Nominating Committee. Form 990, Part VI, Line 7b Decisions requiring approval by members or stockholders The members of the Foundation shall have voting rights solely with respect to any proposed amendment or restatement of the Restated Certificate of Formation of the Foundation and any proposed alteration, amendment, repeal of the Bylaws of the Foundation, or adoption of new bylaws, in accordance with the procedures set forth in the Restated Certificate of Formation and in the Article Twelve of the Bylaws. Form 990, Part VI, Line 8b Documentation of meetings held by committees of governing body All committees document meetings and actions. However, the organization did not have any committees with authority to act on behalf of the governing body. Form 990, Part VI, Line 11b Review of form 990 by governing body THE FORM 990 IS PREPARED AND REVIEWED BY AN OUTSIDE ACCOUNTING FIRM. UPON COMPLETION, THE DOCUMENT IS REVIEWED BY THE CONTROLLER, SR. DIRECTOR OF FINANCE AND THE EXECUTIVE DIRECTOR. COPIES OF THE COMPLETED FORM 990 ARE DISTRIBUTED TO THE GOVERNING BODY FOR COMMENTS AND QUESTIONS. Any clarifications or changes required to the final form will be made and returned to the governing body prior to filing with the IRS. Form 990, Part VI, Line 12c Conflict of interest policy ALL BOARD MEMBERS ARE REQUIRED TO COMPLETE A CONFLICT OF INTEREST QUESTIONNAIRE ON AN ANNUAL BASIS, and all staff are required to complete a conflict of interest upon hire and inform management when a potential conflict arises. ALL POTENTIAL CONFLICTS ARE REVIEWED BY THE BOARD OF DIRECTORS PRIOR TO ENTERING INTO A CONTRACT. IF A CONFLICT EXISTS, THE BOARD MEMBER IS RECUSED FROM DISCUSSION AND VOTING. Form 990, Part VI, Line 19 Required documents available to the public GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. SCF HOLDINGS LLC 106 E 10TH ST SUITE 200 DALLAS TX 75203 020721728 HOLDING COMPANY TX 0 0 SALESMANSHIP CLUB FOUNDATION SALESMANSHIP CLUB OF DALLAS 106 E 10TH STREET SUITE 200 DALLAS TX 75203 750717135 CHARITABLE AND EDUCATIONAL TX 501(c)(3) 10 NA false MOMENTOUS INSTITUTE 106 E 10TH STREET SUITE 200 DALLAS TX 75203 751855620 EDUCATION AND THERAPY TX 501(c)(3) Type I SALESMANSHIP CLUB OF DALLAS false SCF CHARITABLE PROPERTIES INC 106 E 10TH STREET SUITE 200 DALLAS TX 75203 020721727 HOLDING CO. TX 501(c)(3) Type I SALESMANSHIP CLUB OF DALLAS false SCF PROPERTIES LP 106 E 10TH STREET SUITE 200 DALLAS TX 75203 HOLDING COMPANY TX Salesmanship Club Foundation Related 0 0 false true 0.99 false true false false false false false false false false false false false true true true false false false