2021-09-13T14:01:33-05:00 2020-10-31 350921680 CROWE LLP 750 N St Paul Suite 850 Dallas TX 752013246 990 2019-11-01 752439715 Salesmanship Club Foundation SALE 2149439700 106 E 10th St 200 Dallas TX 75203 Patty Pickard Senior Director of Finance 2021-09-13 true Jackie Coburn P00244301 2147775200 2019 2022-09-23 18:48:47Z Teri Isaacs 106 E 10th St 200 Dallas TX 75203 19553589 false X N/A X 1992 TX SUPPORT MOMENTOUS INSTITUTE AND THE SALESMANSHIP CLUB OF DALLAS. 9 9 0 9 0 0 5047269 58299 0 5902667 4156307 4310 24877 10954246 4239483 4409732 5063110 0 0 0 0 0 0 0 800020 832717 5209752 5895827 5744494 -1656344 148387920 158358007 45151 51875 148342769 158306132 SUPPORT MOMENTOUS INSTITUTE AND THE SALESMANSHIP CLUB OF DALLAS TO PROMOTE THE EDUCATIONAL AND MENTAL HEALTH SERVICES FOR CHILDREN AND THEIR FAMILIES IN THE GREATER DALLAS AREA 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 5063110 5063110 0 The Foundation is organized and operated to support the charitable and educational undertakings of Momentous Institue and Salesmanship Club of Dallas to receive, hold, manage, convey and dispose of property and invest funds donated or otherwise acquired. Momentous Institute exists to build and repair social emotional health with children, families and communtiies. Each year, the organization partners with over 5,500 children and family members 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 age 3 through fifth grade education to students who qualify for a free or reduced lunch. Momentous School uses a strength-based approach to weave experiences in social emotional health with a rich curriculum. The organization also invests in research and traning, including the annual Changing the Odds conference, to reach far more children than could ever be seen directly. 5063110 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 false true true false false false true true true true true true false false true true X Patty Pickard 2149439700 106 E 10TH ST Suite 200 Dallas TX 75203 BLAKE H ESTESS TRUSTEE thru 11/7/19; SECRETARY as of 11/7/19 1.0 0 X X 0 0 0 NOBLE W NASH SECRETARY thru 11/7/19 1.0 0 X X 0 0 0 SCOTT A WOOD TREASURER thru 11/7/19 1.0 1.0 X X 0 0 0 STANLEY C BOULD CHAIRMAN 1.0 0 X X 0 0 0 TODD C MEIER TRUSTEE thru 11/7/19; TREASURER as of 11/7/19 1.0 0 X X 0 0 0 FRANK SCARDINO TRUSTEE 1.0 1.0 X 0 0 0 FREDERICK H BENNERS JR TRUSTEE 1.0 0 X 0 0 0 JOHN R WAGNER TRUSTEE as of 11/7/19 1.0 1.0 X 0 0 0 NORMAN P BAGWELL TRUSTEE 1.0 0 X 0 0 0 PHILIP C KISTLER TRUSTEE as of 11/7/19 1.0 0 X 0 0 0 PATRICIA PICKARD SR. DIRECTOR OF FINANCE 4.0 28.0 X 0 171878 21587 TERI ISAACS EXECUTIVE DIRECTOR 8.0 20.0 X 0 250819 22869 LINDA LEE CONTROLLER 4.0 28.0 X 0 131444 18349 0 554141 62805 0 false true false LUTHER KING CAPITAL MANAGEMENT 301 COMMERCE ST SUITE 1600 FT WORTH TX 761024116 INVEST MGMT SVCS 553319 1 58299 58299 0 0 0 0 0 2774362 2774362 24877 24877 0 0 16696051 15314106 1381945 0 1381945 1381945 0 0 0 0 0 4239483 0 0 4181184 5063110 5063110 26600 26600 563319 563319 0 0 0 0 30074 30074 OVERHEAD ALLOCATIONS 209092 209092 PROPERTY & INCOME TAXES 3632 3632 0 0 0 0 5895827 5063110 832717 0 10499905 6424779 6400000 0 0 0 0 0 0 0 0 0 130366844 150926447 667999 625012 0 453172 381769 148387920 158358007 45151 51875 0 0 0 0 45151 51875 X 133379850 143343213 14962919 14962919 148342769 158306132 148387920 158358007 -1656344 11619707 0 X false true X true false X X X 1 SALESMANSHIP CLUB OF DALLAS 750717135 9 true 5063110 0 1 5063110 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 148342769 58299 15237572 5063110 269398 158306132 136399178 5047269 11553010 4409732 246956 148342769 132765442 37350 8313049 4037088 679575 136399178 115528173 138589 21646467 3914190 633597 132765442 113978182 1230111 4725855 3796333 609642 115528173 0.9055 0.0945 0.0 false false Due to Salesmanship Club of Dallas 0 X 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, 2020 and 2019, 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) 5063110 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 240344 0 875 0 9600 0 14454 0 8415 0 273688 0 0 PATRICIA PICKARD SR. DIRECTOR OF FINANCE 0 171878 0 0 0 0 0 10506 0 11081 0 193465 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 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 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 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 BY SCD STAFF 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 020721727 HOLDING COMPANY TX Salesmanship Club Foundation Related 0 0 false 0 true 0.99 false true false false false false false false false false false false false true true true false false false