2025-05-08T11:43:30-05:00 2024-06-30 751044330 LANE GORMAN TRUBITT LLC 2626 HOWELL ST SUITE 700 DALLAS TX 75204 990 2023-07-01 752205213 THE EPISCOPAL SCHOOL OF DALLAS PERMANENT ENDOWMENT TRUST EPIS 2143584368 4100 MERRELL ROAD DALLAS TX 75229 MARY HERNANDEZ CHIEF FINANCIAL OFFICER, ESD 2143584368 2025-04-14 1 1 KEVIN WARNEKE P01294950 2148717500 2023 2025-03-06 01:10:19Z JAMIEL AKHTAR 4100 MERRELL ROAD DALLAS TX 75229 11645228 0 X N/A X 1974 TX THE EPISCOPAL SCHOOL OF DALLAS PERMANENT ENDOWMENT TRUST OPERATES EXCLUSIVELY AS AN ENDOWMENT FUND FOR THE BENEFIT OF AND TO SUPPORT THE EPISCOPAL SCHOOL OF DALLAS, INC. 8 8 0 8 0 0 4801136 3550344 0 0 121999 685486 13192 0 4936327 4235830 911500 1220000 0 0 0 0 0 0 0 255188 342733 1166688 1562733 3769639 2673097 41075318 48385058 1400 0 41073918 48385058 THE EPISCOPAL SCHOOL OF DALLAS PERMANENT ENDOWMENT TRUST OPERATES EXCLUSIVELY AS AN ENDOWMENT FUND FOR THE BENEFIT OF AND TO SUPPORT THE EPISCOPAL SCHOOL OF DALLAS, INC. 0 0 1220000 1220000 THE EPISCOPAL SCHOOL OF DALLAS PERMANENT ENDOWMENT TRUST OPERATES EXCLUSIVELY AS AN ENDOWMENT FUND FOR THE BENEFIT OF AND TO SUPPORT THE EPISCOPAL SCHOOL OF DALLAS, INC. 1220000 1 1 0 0 0 0 0 0 0 1 0 1 0 0 0 1 1 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 0 0 X 8 8 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X LILLIE GARRETT 2143535784 4100 MERRELL ROAD DALLAS TX 75229 JAMIEL AKHTAR CHAIR 1.00 0.00 X X 0 0 0 DAMIAN ORNANI TRUSTEE 1.00 0.00 X 0 0 0 DREW MCKNIGHT TRUSTEE 1.00 0.00 X 0 0 0 JANE HANCOCK TRUSTEE 1.00 0.00 X 0 0 0 LAVANYA VISWANATHAN TRUSTEE 1.00 0.00 X 0 0 0 LAWRENCE HAWKINS TRUSTEE 1.00 0.00 X 0 0 0 ROBERT CATHEY TRUSTEE 1.00 0.00 X 0 0 0 ZACH WOOLDRIDGE TRUSTEE 1.00 0.00 X 0 0 0 DAVID L BAAD HEAD OF SCHOOL 2.00 38.00 X 0 590091 29810 BLANCA MARY HERNANDEZ CHIEF FINANCIAL OFFICER 2.00 38.00 X 0 249936 23555 RUTH BURKE ASSOCIATE HEAD OF SCHOOL 1.00 39.00 X 0 257778 36142 DENIS M STOKES CHIEF ADVANCEMENT OFFICER 2.00 38.00 X 0 249809 22177 0 1347614 111684 0 0 1 0 CAMBRIDGE ASSOCIATES 115 FEDERAL STREET SUITE 2600 BOSTON MA 02110 INVESTMENT 130000 1 3550344 131880 3550344 783332 783332 7311552 7409398 -97846 -97846 -97846 4235830 0 0 685486 1220000 1220000 26100 26100 263051 263051 GENERAL & ADMIN EXP 53582 53582 1562733 1220000 342733 0 27458 125182 696936 213028 2986345 4645969 92738 65000 0 36220856 42381034 1078723 927107 41075318 48385058 1400 0 1400 0 X 7286985 7885943 33786933 40499115 41073918 48385058 41075318 48385058 X 2673097 4703056 -65013 X X 0 1 X 1 0 X X 1 THE EPISCOPAL SCHOOL OF DALLAS INC 751451116 2 1 1220000 0 1 1220000 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 41073918 3550344 5388542 1627746 48385058 33813165 4837781 3733332 1310360 41073918 38679096 1483195 -5480251 868875 33813165 27273080 5424527 6988892 1007403 38679096 26477772 1316197 332937 853826 27273080 0.16300 0.73180 0.10520 0 0 0 MUTUAL & EXCHANGE-TRADED FUNDS 35723883 F POOLED FUNDS 3417604 F LIMITED PARTNERSHIP INTERESTS 2763190 F MONEY MARKET 476357 F 42381034 X 8938886 4703056 4703056 4235830 0 4235830 1627746 65013 65013 1562733 0 1562733 PART V, LINE 4: INTENDED USES OF ENDOWMENT FUNDS: THE ENDOWMENT FUND OPERATES EXCLUSIVELY AS AN ENDOWMENT FOR THE BENEFIT OF AND TO SUPPORT THE EPISCOPAL SCHOOL OF DALLAS, INC. PART X, LINE 2: FOOTNOTE TO THE ORGANIZATION'S CONSOLIDATED FINANCIAL STATEMENTS: THE TRUST IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE UNITED STATES INTERNAL REVENUE CODE (THE "CODE") ACCORDING TO A UNITED STATES INTERNAL REVENUE SERVICE (THE "IRS") DETERMINATION LETTER DATED MAY 10, 1998. THE FINANCIAL ACCOUNTING STANDARDS BOARD (THE "FASB") PROVIDES GUIDANCE FOR HOW UNCERTAIN TAX POSITIONS SHOULD BE RECOGNIZED, MEASURED, DISCLOSED AND PRESENTED IN THE FINANCIAL STATEMENTS. THIS REQUIRES THE EVALUATION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN BY THE TRUST IN ORDER TO DETERMINE WHETHER THE TAX POSITIONS ARE "MORE-LIKELY-THAN-NOT" OF BEING SUSTAINED "WHEN CHALLENGED OR "WHEN EXAMINED" 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 AND LIABILITY IN THE CURRENT YEAR. MANAGEMENT HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN INCOME TAX POSITIONS. THE TRUST DOES NOT HAVE ANY OUTSTANDING INTEREST OR PENALTIES, AND NONE HAVE BEEN RECORDED IN THE ACCOMPANYING STATEMENTS OF ACTIVITIES AND CHANGES IN NET ASSETS FOR THE YEARS ENDED JUNE 30, 2024 AND 2023. THE TRUST IS RELYING ON ITS TAX-EXEMPT STATUS AND ITS ADHERENCE TO ALL APPLICABLE LAWS AND REGULATIONS TO PRESERVE THAT STATUS. HOWEVER, THE CONCLUSIONS REGARDING THE UNCERTAINTY IN INCOME TAXES WILL BE SUBJECT TO REVIEW AND MAY BE ADJUSTED AT A LATER DATE BASED ON THE FACTORS INCLUDING, BUT NOT LIMITED TO, ONGOING ANALYSIS OF TAX LAWS, REGULATIONS, AND INTERPRETATIONS THEREOF. THE TRUST'S INFORMATIONAL RETURNS FILLED WITH THE IRS ARE GENERALLY SUBJECT TO EXAMINATION FOR THREE YEARS AFTER THE LATER OF THE DUE DATE OR DATE OF FILLING. PART XII, LINE 2D - OTHER ADJUSTMENTS: WRITE OFF OF UNCOLLECTIBLE PLEDGES 65,013. 1 THE EPISCOPAL SCHOOL OF DALLAS INC 4100 MERRELL ROAD DALLAS TX 75229 751451116 501(C)(3) 1220000 0 ESD PROGRAM SUPPORT 1 PART I, LINE 2: PROCEDURE FOR MONITORING THE USE OF GRANT FUNDS INSIDE U.S. THE EPISCOPAL SCHOOL OF DALLAS PERMANENT ENDOWMENT TRUST (THE TRUST) WAS FORMED TO OPERATE EXCLUSIVELY AS AN ENDOWMENT FUND FOR THE BENEFIT OF AND TO SUPPORT THE EPISCOPAL SCHOOL OF DALLAS, INC. THE EPISCOPAL SCHOOL OF DALLAS, INC. WAS THE ONLY RECIPIENT OF ASSISTANCE FROM THE TRUST. 0 1 0 0 0 0 0 0 0 DAVID L BAAD HEAD OF SCHOOL 0 458691 0 70000 0 61400 0 15919 0 13891 0 619901 0 0 RUTH BURKE ASSOCIATE HEAD OF SCHOOL 0 257778 0 0 0 0 0 21296 0 14846 0 293920 0 0 BLANCA MARY HERNANDEZ CHIEF FINANCIAL OFFICER 0 249936 0 0 0 0 0 15358 0 8197 0 273491 0 0 DENIS M STOKES CHIEF ADVANCEMENT OFFICER 0 249809 0 0 0 0 0 12605 0 9572 0 271986 0 0 PART I, LINE 4B THE HEAD OF SCHOOL PARTICIPATES IN A 457(F) PLAN. $75,000 WAS CONTRIBUTED IN JANUARY 2023 BY THE SCHOOL PURSUANT TO THE HEAD OF SCHOOL'S EMPLOYMENT AGREEMENT. SCHEDULE J, PART I, LINE 3 RELATED ORGANIZATION COMPENSATION REVIEW: THE ORGANIZATION'S TOP EXECUTIVE OFFICER IS COMPENSATED BY THE EPISCOPAL SCHOOL OF DALLAS, INC. (ESD). ANNUALLY, THE HUMAN RESOURCES AND COMPENSATION COMMITTEE FOR ESD REVIEWS WHETHER THE HEAD OF SCHOOL'S COMPENSATION IS REASONABLE AND NOT EXCESSIVE, AND IS IN ACCORDANCE WITH THE HEAD OF SCHOOL'S EMPLOYMENT CONTRACT INCLUDING THE DETERMINATION OF INCENTIVE COMPENSATION AS OUTLINED IN THE CONTRACT. THE COMPENSATION COMMITTEE THEN PRESENTS ITS FINDINGS TO THE FULL BOARD. THE BOARD MAKES THE FINAL DETERMINATION REGARDING THE HEAD OF SCHOOL'S COMPENSATION. THE ORGANIZATION'S EXECUTIVE LEADERSHIP TEAM MEMBERS (KEY EMPLOYEES) ARE COMPENSATED BY THE EPISCOPAL SCHOOL OF DALLAS, INC. (ESD). ANNUALLY, THE HUMAN RESOURCES AND COMPENSATION COMMITTEE REVIEW AND APPROVE THE COMPENSATION OF THESE TEAM MEMBERS BASED ON A RECOMMENDATION BY THE HEAD OF SCHOOL X 5 131880 MARKET VALUE 0 1 0 PART I, COLUMN (B): THE NUMBER OF CONTRIBUTIONS IS THE NUMBER OF ITEMS RECEIVED FORM 990, PART VI, SECTION A, LINE 6 MEMBERS: THE ORGANIZATION'S MEMBERS CONSIST OF THE MEMBERS OF THE BOARD OF TRUSTEES PURSUANT TO THE ORGANIZATION'S TRUST AGREEMENT. FORM 990, PART VI, SECTION A, LINE 7A MEMBERS' RIGHT: THE MEMBERS, BOARD OF DIRECTORS OF THE EPISCOPAL SCHOOL OF DALLAS, INC., HAS THE RIGHT TO APPOINT AND REMOVE FIVE OF THE NINE TRUSTEES OF THE EPISCOPAL SCHOOL OF DALLAS PERMANENT ENDOWMENT TRUST AND TO NAME THE CHAIRPERSON. THE TRUSTEES OF THE TRUST HAVE THE RIGHT TO APPOINT THE REMAINING FOUR TRUSTEES. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 REVIEW PROCESS: A COPY OF FORM 990 IS PROVIDED TO EACH MEMBER OF THE BOARD VIA A SECURE WEB PORTAL PRIOR TO FILING WITH THE IRS. THE BOARD CHAIR OF THE EPISCOPAL SCHOOL OF DALLAS PERMANENT ENDOWMENT TRUST, IN CONJUNCTION WITH THE CFO, THE CONTROLLER, AND THE SENIOR CONTROLLER OF THE EPISCOPAL SCHOOL OF DALLAS, INC., REVIEW THE FORM 990 PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST MONITORING & ENFORCEMENT: AT THE TIME OF APPOINTMENT, AND ANNUALLY THEREAFTER, ALL BOARD MEMBERS OF THE EPISCOPAL SCHOOL OF DALLAS PERMANENT ENDOWMENT TRUST (THE TRUST) MUST REVIEW AND SIGN THE CODE OF CONDUCT AND CONFLICTS OF INTEREST POLICY. MEMBERS MUST REPORT ANY DIRECT OR INDIRECT INTEREST, FINANCIAL OR OTHERWISE, OF ANY NATURE THAT IS IN CONFLICT WITH THE PROPER DISCHARGE OF THE MEMBER'S DUTIES. POTENTIAL CONFLICTS OF INTEREST MUST BE DISCLOSED AS SOON AS POSSIBLE AFTER THE MEMBER REALIZES THAT A CONFLICT OR POTENTIAL CONFLICT EXISTS. PER THE TRUST'S CONFLICT OF INTEREST POLICY, A CONFLICT OF INTEREST EXISTS WHEN THERE IS A POTENTIAL FINANCIAL OR PERSONAL CONFLICT, OR THE APPEARANCE OF SUCH A CONFLICT, BETWEEN A PARTICULAR OUTSIDE INTEREST OR A MEMBER OF THE ESD COMMUNITY AND THE OBLIGATION THAT THE MEMBER OWES THE TRUST. A DIRECTOR WHO IS DETERMINED TO HAVE A CONFLICT WILL BE REMOVED FROM THE DECISION MAKING PROCESS (COMMITTEE, VOTE, REPORT, ETC.) FOR THAT ITEM. EACH CONFLICT WILL BE DEALT WITH INDIVIDUALLY BY THE BOARD. EACH COMMUNITY MEMBER IS ENCOURAGED TO REPORT APPARENT VIOLATIONS OR CONCERNS ABOUT VIOLATIONS OF THIS CODE OF CONDUCT. DISCIPLINARY ACTIONS FOR PROVEN VIOLATIONS OF THIS CODE OF CONDUCT, OR FOR RETALIATION AGAINST ANYONE WHO REPORTS POSSIBLE VIOLATIONS, WILL BE DETERMINED BY THE HEAD OF SCHOOL AND/OR BOARD AND MAY INCLUDE TERMINATION OF EMPLOYMENT. INDIVIDUALS WHO VIOLATE THE CODE MAY ALSO BE SUBJECT TO CIVIL AND CRIMINAL CHARGES IN SOME CIRCUMSTANCES. THE TRUST HAS ADOPTED A WHISTLEBLOWER POLICY FOR THE PROTECTION OF INDIVIDUALS WHO REPORT APPARENT VIOLATIONS. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC: THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: WRITE OFF OF UNCOLLECTIBLE PLEDGES -65,013. FORM 990, PART XII, LINE 2C: AUDIT OVERSIGHT BOARD NO CHANGE HAS BEEN MADE TO THE ORGANIZATION'S AUDIT OVERSIGHT PROCESS OR SELECTION PROCESS. THE EPISCOPAL SCHOOL OF DALLAS INC 4100 MERRELL ROAD DALLAS TX 75229 751451116 COLLEGE PREP TX 501(C)(3) LINE 2 N/A 0 0 1 0 0 1 0 0 0 0 0 0 0 1 1 1 0 0 0 0 THE EPISCOPAL SCHOOL OF DALLAS INC B 1220000 FMV THE EPISCOPAL SCHOOL OF DALLAS INC M 50000 FMV THE EPISCOPAL SCHOOL OF DALLAS INC E 927107 FMV