2019-09-13T09:00:34-05:00 2018-10-31 350921680 CROWE LLP 750 N St Paul Suite 850 Dallas TX 75201 990 2017-11-01 752439715 Salesmanship Club Foundation SALE 2149439700 106 E 10th St 200 Dallas TX 75203 Patty Pickard Senior Director of Finance 2019-09-13 true JACKIE COBURN P00244301 2147775200 2017 2019-02-21 02:37:17Z Teri Isaacs 106 E 10th St 200 Dallas TX 75203 23791514 false X WWW.SCDALLAS.ORG X 1992 TX SUPPORT MOMENTOUS INSTITUTE AND THE SALESMANSHIP CLUB OF DALLAS. 9 9 0 40 0 0 138589 37350 0 3564074 9227914 0 3702663 9265264 3914190 4037088 0 0 0 0 633597 679575 4547787 4716663 -845124 4548601 132804354 136687879 38912 288701 132765442 136399178 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'S NEEDS. false false 4037088 4037088 0 THE FOUNDATION IS ORGANIZED AND OPERATED TO SUPPORT THE CHARITABLE AND EDUCATIONAL UNDERTAKINGS OF THE MOMENTOUS INSTITUTE AND THE SALESMANSHIP CLUB OF DALLAS TO RECEIVE, HOLD, MANAGE, CONVEY AND DISPOSE OF PROPERTY AND INVEST FUNDS DONATED OR OTHERWISE ACQUIRED. MOMENTOUS INSTITUTE PROVIDES EDUCATION FOR LOW INCOME CHILDREN AND THERAPEUTIC SERVICES FOR TROUBLED CHILDREN AND THEIR FAMILIES. MOMENTOUS SCHOOL SERVES 248 INNER-CITY STUDENTS FROM AGE 3 THROUGH 5TH GRADE. THE SCHOOL IS RANKED AS EXEMPLARY BASED ON STATE-MANDATED TEST SCORES. EACH YEAR MOMENTOUS INSTITUTE PROVIDES A WIDE RANGE OF THERAPEUTIC SERVICES FOR FAMILIES WITH CHILDREN WHO ARE EXPERIENCING EMOTIONAL AND BEHAVIORAL DIFFICULTIES. ACROSS ALL SERVICES A TOTAL OF MORE THAN 5,000 CHILDREN AND THEIR FAMILY MEMBERS WERE SERVED IN FISCAL YEAR 2018. IN ADDITION, MOMENTOUS INSTITUTE PROVIDES TRAINING IN EFFECTIVE PRACTICES TO EDUCATORS AND MENTAL HEALTH PROFESSIONALS EACH YEAR. IN ADDITION, MOMENTOUS INSTITUTE ALSO INVESTS IN RESEARCH AND TRAINING, INCLUDING THE CHANGING THE ODDS CONFERENCE TO REACH FAR MORE CHILDREN THAN CAN EVER BE SERVED DIRECTLY. MOMENTOUS INSTITUTE USED THE DIRECT WORK WITH FAMILIES TO EQUIP EDUCATORS, MENTAL HEALTH PROFESSIONALS, PARENTS AND DECISION MAKERS WITH TRAUMA-INFORMED STRATEGIES THAT STRENGTHEN SOCIAL EMOTIONAL HEALTH. 4037088 true true false false false false false false true false false false false true true true false 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 true false false false X 9 9 false false false false true false true true false false false true true true true true true false true true X Patty Pickard 2149439700 106 E 10TH ST Suite 200 Dallas TX 75203 JIM LOZIER CHAIRMAN 1.0 0 X X 0 0 0 CHRISTIAN T METTEN TRUSTEE thru 11/9/17; TREASURER as of 11/9/17 1.0 0 X X 0 0 0 STANLEY C BOULD TREASURER thru 11/9/17 and Secretary as of 11/9/17 1.0 0 X X 0 0 0 NORMAN P BAGWELL TRUSTEE as of 11/9/17 1.0 0 X 0 0 0 FREDERICK H BENNERS JR TRUSTEE as of 11/9/17 1.0 0 X 0 0 0 TODD C MEIER TRUSTEE as of 11/9/17 1.0 0 X 0 0 0 NOBLE W NASH TRUSTEE 1.0 0 X 0 0 0 MICHAEL J NOLAN JR TRUSTEE 1.0 0 X 0 0 0 SCOTT A WOOD TRUSTEE 1.0 0 X 0 0 0 LOUIS J GRABOWSKY TRUSTEE thru 11/9/17 1.0 0 X 0 0 0 PATRICK MCEVOY JR TRUSTEE thru 11/9/17 1.0 0 X 0 0 0 VICTOR J SCHMERBECK TRUSTEE thru 11/9/17 1.0 0 X 0 0 0 TERI ISAACS EXECUTIVE DIRECTOR 8.0 20.0 X 0 247111 22987 PATRICIA PICKARD SR. DIRECTOR OF FINANCE 4.0 28.0 X 0 166824 22419 LINDA LEE CONTROLLER 4.0 20.0 X 0 127061 18353 0 540996 63759 0 false true false LUTHER KING CAPITAL MANAGEMENT 301 COMMERCE ST SUITE 1600 FT WORTH TX 761024116 INVEST MGMT SVCS 469544 1 37350 37350 0 0 0 0 0 2097333 2097333 0 0 21656831 14526250 7130581 0 7130581 7130581 0 0 0 0 0 9265264 0 0 9227914 4037088 4037088 17953 17953 173506 173506 469544 469544 0 0 0 0 18572 18572 0 0 0 0 4716663 4037088 679575 0 5786447 13264966 0 0 0 0 2800000 0 0 0 0 0 107207363 121488773 1068172 1477582 0 15942372 456558 132804354 136687879 38912 41567 0 0 0 247134 38912 288701 X 37466541 53775019 16628229 1028613 78670672 81595546 132765442 136399178 132804354 136687879 X 4548601 -2663290 1748425 X false true X true false X X X 1 SALESMANSHIP CLUB OF DALLAS 750717135 9 true 4037088 0 1 4037088 0 true false false false false false false false false false false false false false false true false 132765442 37350 8313049 4037088 679575 136399178 115528173 138589 21646467 3914190 633597 132765442 113978182 1230111 4725855 3796333 609642 115528173 117342858 151580 607329 3538911 584674 113978182 109493014 654292 11072252 3281639 595061 117342858 0.3943 0.5982 0.0075 false false Due to Salesmanship Club of Dallas 247134 247134 X 8350399 -2663290 1748425 -914865 9265264 0 0 9265264 4716663 0 0 4716663 0 0 4716663 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, 2018 and 2017, 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. Schedule D, Part XI, Line 2(d) Other revenues in audited financial statements not in form 990 Change in Value of Charitable Remainder Trust - 1748425 true Salesmanship Club of Dallas 106 E 10th Street Suite 200 Dallas TX 75203 750717135 501(c)(3) 4037088 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 227511 0 10000 0 9600 0 13694 0 9293 0 270098 0 0 PATRICIA PICKARD SR. DIRECTOR OF FINANCE 0 161824 0 5000 0 0 0 9940 0 12479 0 189243 0 0 Schedule J, Part I, Line 3 Arrangement used to establish the top management official's compensation METHODS USED BY A RELATED ORGANIZATION TO ESTABLISH 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 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 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. 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 COPIES OF GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. Form 990, Part VIII, Line 3 INVESTMENT INCOME INTEREST AND DIVIDEND INCOME - 2,017,085 INTEREST ON LOAN - 80,248 TOTAL =2,097,333 Form 990, Part XI, Line 9 Other changes in net assets or fund balances Change in Value of Charitable Remainder Trust - 1748425; 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 ST SUITE 200 DALLAS TX 75203 750717135 CHARIT. & EDU. TX 501(c)(3) 10 NA false MOMENTOUS INSTITUTE 106 E 10TH ST SUITE 200 DALLAS TX 75203 751855620 EDU & MH SVC TX 501(c)(3) Type I SCD 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 true false false false false false false false false false true true true false false false