2023-05-15T13:02:20-05:00 2022-06-30 366055558 GRANT THORNTON LLP 100 E WISCONSIN AVE MILWAUKEE WI 67206 990 2021-07-01 752834344 UNITED WAY FOUNDATION OF METROPOLITAN DALLAS UNIT 2149780000 1800 N LAMAR STREET DALLAS TX 75202 JANICE HARISSIS CFO 2149780000 2023-05-15 1 JANICE HARISSIS 999009999 MICHELLE L WEBER P00556798 4142898200 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z JENNIFER SAMPSON 1800 N LAMAR STREET DALLAS TX 75202 17448814 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 1604312 6629999 0 0 4056547 2421486 0 9500 5660859 9060985 2730000 2658000 0 0 0 0 0 0 698552 645534 759875 3375534 3417875 2285325 5643110 60886315 57626960 2709274 3563205 58177041 54063755 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, 2022, THE UNITED WAY FOUNDATION OF METROPOLITAN DALLAS (UWFMD) BOARD MADE A DISTRIBUTION TO THE UNITED WAY OF METROPOLITAN DALLAS, INC. (UWMD) OF $2,500,000, WHICH REPRESENTS THE HIGHER OF $2,500,000 OR 4.5% OF THE AVERAGE MARKET VALUE OF THE12-QUARTER ROLLING AVERAGE BALANCE OR THE MOST RECENT QUARTER'S CLOSING MARKET VALUE, WHICHEVER IS LOWER, OF THE ENDOWMENT AT DECEMBER 31, 2021. 145000 145000 9500 UWFMD RECEIVED FUNDS DESIGNATED TO UWMD DURING THE YEAR ENDING JUNE 30, 2022. THESE MONIES WERE GRANTED TO UWMD AS REQUESTED BY THE DONOR. 13000 13000 UWFMD RECEIVED FUNDS DESIGNATED TO AGENCIES DURING THE YEAR ENDING JUNE 30, 2022. THESE MONIES WERE GRANTED TO THE AGENCY AS REQUESTED BY THE DONOR. 2658000 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 JANICE HARISSIS 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 PETE CHILIAN AT-LARGE MEMBER 2.00 0.00 X 0 0 0 MARY ANN CREE AT-LARGE MEMBER (DECEASED 07/2021) 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 STACY NAHAS 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 615006 128036 SUSAN E PEEK CHIEF IMPACT/STRATEGY OFFICER 6.00 34.00 X 0 448626 45387 JANICE W HARISSIS CHIEF FINANCIAL OFFICER 2.00 38.00 X 0 315012 17771 0 1378644 191194 0 0 1 0 0 6629999 6629999 1169358 1169358 9639957 8387829 1252128 1252128 1252128 DESIGNATION PROCESSING FEES 561000 9500 9500 9500 9060985 9500 0 2421486 2658000 2658000 61323 61323 698552 698552 3417875 2658000 61323 698552 87299 369198 0 0 2174287 2487262 0 0 0 0 0 0 382030 406531 0 0 0 0 0 0 0 0 56679078 49682629 1563621 4681340 60886315 57626960 2709274 3097705 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 465500 2709274 3563205 X 29376943 25705294 28800098 28358461 58177041 54063755 60886315 57626960 X 5643110 -10063663 307267 X 0 1 X 1 0 X X X 1 UNITED WAY OF METROPOLITAN DALLAS INC 756005352 7 1 2645000 0 1 2645000 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 250514 23000 1003819 1 1 54572331 2806865 -7728000 2111160 47540036 43865673 1376636 12536616 3206594 54572331 47147486 2242870 1682382 3182266 4024799 43865673 45173952 1799685 2761370 2587521 47147486 41867356 3258494 3137160 3089058 45173952 0.50680 0.47580 0.01740 1 0 0 0 0 0 0 DUE FROM UWMD 2610836 LIFE INSURANCE - CSV 1555004 CUSTODIAN ASSET 465500 MICROLENDING DEPOSIT 50000 4681340 CUSTODIAN LIABILITY 465500 465500 X -1064001 -10063663 -10063663 8999662 61323 61323 9060985 3049285 0 3049285 61323 307267 368590 3417875 PART V, LINE 4: INTENDED USE OF ENDOWMENT FUNDS THE ENDOWMENT FUNDS ARE ESTABLISHED FOR THE EXCLUSIVE PURPOSE OF THE DONORS AND TO SUPPORT PROGRAM INITIATIVES OF UWMD. PART X, LINE 2: LIABILITY FOR UNCERTAIN TAX POSITIONS (ACS 740) THE FOUNDATION IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THUS, NO PROVISION FOR INCOME TAXES IS INCLUDED IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE FOUNDATION FOLLOWS THE ACCOUNTING GUIDANCE FOR ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, RECOGNIZING THE FINANCIAL STATEMENT BENEFIT OF A TAX POSITION ONLY AFTER DETERMINING THAT THE RELEVANT TAX AUTHORITY WOULD MORE LIKELY THAN NOT SUSTAIN THE POSITION FOLLOWING AN AUDIT. FOR TAX POSITIONS MEETING THE MORE-LIKELY-THAN-NOT THRESHOLD, THE AMOUNT RECOGNIZED IN THE FINANCIAL STATEMENTS IS THE LARGEST BENEFIT THAT HAS A GREATER THAN 50% LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT WITH THE RELEVANT TAX AUTHORITY. THE FOUNDATION APPLIED THE UNCERTAIN TAX POSITION GUIDANCE TO ALL TAX POSITIONS FOR WHICH THE STATUTE OF LIMITATIONS REMAINED OPEN AND DETERMINED THERE WERE NO MATERIAL UNRECOGNIZED TAX BENEFITS AS OF THAT DATE. THE FOUNDATION DOES NOT BELIEVE THERE IS ANY UNCERTAINTY WITH RESPECT TO THE TAX POSITION THAT WOULD RESULT IN A MATERIAL CHANGE TO THE FINANCIAL STATEMENTS. THE FOUNDATION IS SUBJECT TO FEDERAL AND STATE INCOME TAXES TO THE EXTENT IT HAS UNRELATED BUSINESS INCOME. IN ACCORDANCE WITH THE GUIDANCE FOR UNCERTAINTY IN INCOME TAXES, MANAGEMENT HAS EVALUATED ITS MATERIAL TAX POSITIONS AND DETERMINED THAT THERE ARE NO MATERIAL INCOME TAX EFFECTS WITH RESPECT TO ITS FINANCIAL STATEMENTS. MANAGEMENT HAS DETERMINED THAT THERE IS NO MATERIAL UNRELATED BUSINESS INCOME TO REPORT FOR THE FOUNDATION AND HAS NOT HISTORICALLY FILED ANY UNRELATED BUSINESS INCOME TAX RETURNS. THEREFORE, TAX YEARS REMAIN OPEN FOR YEARS IN WHICH AN INCOME TAX RETURN HAS NOT BEEN FILED. THERE WERE NO INTEREST OR PENALTIES RELATED TO INCOME TAXES THAT HAVE BEEN ACCRUED OR RECOGNIZED AS OF AND FOR THE YEARS ENDED JUNE 30, 2022 AND 2021. PART XII, LINE 4B - OTHER ADJUSTMENTS: FISCAL YEAR 2022 INCREASE IN CASH VALUE OF LIFE INSURANCE 307,267. 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 43,656,559 57,626,960 (5,708,541) 95,574,978 TOTAL LIABILITIES 13,081,730 3,563,205 (5,708,541) 10,936,394 NET ASSETS 30,574,829 54,063,755 0 84,638,584 1 UNITED WAY OF METROPOLITAN DALLAS INC 1800 N LAMAR STREET DALLAS TX 75202 756005352 501(C)(3) 2645000 0 SUPPORT UWMD DESIGNATED DONATIONS TO UWMD 1800 N LAMAR STREET DALLAS TX 75202 752834344 501(C)(3) 13000 0 DONOR DESIGNATIONS 2 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 DONOR DESIGNATED FUNDS TO AGENCIES IN THE AMOUNT OF $13,000. 0 1 0 0 0 0 0 0 0 JENNIFER SAMPSON PRESIDENT AND CEO 0 415756 0 198146 0 1104 0 90300 0 37736 0 743042 0 0 SUSAN E PEEK CHIEF IMPACT/STRATEGY OFFICER 0 306718 0 138740 0 3168 0 19113 0 26274 0 494013 0 0 JANICE W HARISSIS CHIEF FINANCIAL OFFICER 0 262444 0 49400 0 3168 0 16373 0 1398 0 332783 0 0 SCHEDULE J, 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 COMPARITIVE 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 2021, 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 COMPARITIVE 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 18 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 VI, SECTION C, LINE 19 SAME EXPLANATION AS LINE 18 ABOVE FORM 990, PART XI, LINE 9: FISCAL YEAR 2021 INCREASE IN CASH VALUE OF LIFE INSURANCE 307,267. 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