2018-05-14T06:59:26-05:00 2017-06-30 GRANT THORNTON LLP 1617 N WATERFRONT PKWY STE 100 WICHITA KS 67206 990 2016-07-01 752205213 The Episcopal School of Dallas Permanent Endowment Trust % TYRONE THORNTON EPIS 2143584368 4100 Merrell Road Dallas TX 75229 ROBERT A BUCHHOLZ CFO ESD 2143584368 2018-05-15 true Rebecca Zecha P00648970 3162653231 2018-05-11 2016 2022-09-23 18:48:47Z F Barron Fletcher III 4100 Merrell Road Dallas TX 75229 14530822 false 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. 6 6 0 8 0 1915770 1460388 0 0 165805 165526 -19476 -16932 2062099 1608982 619476 568000 0 0 0 0 0 0 152286 360950 351907 980426 919907 1081673 689075 18213704 20881393 54811 670 18158893 20880723 THE EPISCOPAL SCHOOL OF DALLAS PERMANENT ENDOWMENT TRUST WAS FORMED TO OPERATE EXCLUSIVELY AS AN ENDOWMENT FUND FOR THE BENEFIT OF AND TO SUPPORT THE EPISCOPAL SCHOOL OF DALLAS, INC. false false 568000 568000 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. 568000 true true false false false false false false false true false true false false true true true true false false false false false false true false false true false true false false false false false false false false true false false false false true false false false true 0 0 0 false false false false false false false false false false X 6 6 false false false false true true false true true false false true true true true true true false false false X TYRONE THORNTON 2143584368 4100 MERRELL ROAD Dallas TX 75229 F Barron Fletcher III Chair 1.0 1.0 X X 0 0 0 Cullum Clark Trustee 1.0 0.0 X 0 0 0 Brian Casey Trustee 1.0 0.0 X 0 0 0 Kent McGaughy Trustee 1.0 1.0 X 0 0 0 Lee Hobson Trustee 1.0 0.0 X 0 0 0 Andrew Sinwell Trustee 1.0 0.0 X 0 0 0 Meredyth L Cole Head of School 1.0 39.0 X 0 554150 20846 Robert A Buchholz Chief Financial Officer, ESD 1.0 39.0 X 0 241009 22943 Stephen B SwannTerm-082012 Former Rector and Headmaster 0.0 0.0 X 0 262000 0 0 1057159 43789 0 true true false Cambridge Associates 125 HIGH STREET BOSTON MA 02110 Investment 127176 1 29822 1430566 61168 1460388 0 210718 210718 0 0 0 0 0 12859716 12904908 -45192 -45192 -45192 0 29822 16932 -16932 -16932 0 0 0 0 0 0 0 1608982 148594 568000 568000 0 0 0 0 0 0 0 0 0 177077 177077 0 3675 3675 0 0 18869 18869 0 0 0 0 0 0 0 0 0 0 0 0 0 CHANCELLOR AGREEMENT 125000 0 0 125000 OTHER EXPENSES 27286 0 0 27286 919907 568000 199621 152286 111963 530567 0 0 2603063 2616911 0 51655 0 0 0 0 0 0 0 0 0 0 0 0 0 0 15498678 17682260 0 0 0 0 0 0 18213704 20881393 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 54811 670 54811 670 X 4098618 5426330 0 0 14060275 15454393 18158893 20880723 18213704 20881393 689075 2032755 X false true X true false X X 1 THE EPISCOPAL SCHOOL OF DALLAS INC 751451116 2 true 568000 0 1 568000 true false false false false false false false false false false false false false false true RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 18158893 1394118 2264551 936839 20880723 17609047 1915770 -366022 999902 18158893 23414316 2251379 -5362 8051286 17609047 24921942 77723 2720284 4305633 23414316 23869999 47377 2105501 1100935 24921942 0.25990 0.74010 false false SECURITIES 17682260 F 17682260 0 RELATED PARTY 670 670 X 3658669 2032755 2032755 1625914 -16932 -16932 1608982 936839 936839 -16932 -16932 919907 ENDOWMENT FUNDS SCHEDULE D, PART V, LINE 4 THE ENDOWMENT FUND OPERATES EXCLUSIVELY AS AN ENDOWMENT FOR THE BENEFIT OF AND TO SUPPORT THE EPISCOPAL SCHOOL OF DALLAS, INC. FIN 48 (ASC 470) FOOTNOTE SCHEDULE D, PART X, LINE 2 THE TRUST IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE "CODE") ACCORDING TO AN 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"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 STATEMENTS OF ACTIVITIES FOR THE YEARS ENDED JUNE 30, 2017 AND 2016. RECONCILIATION OF REVENUE SCHEDULE D, PART XI, LINE 2D FUNDRAISING EXPENSE RECLASSED $37,627 RECONCILIATION OF EXPENSES SCHEDULE D, PART XII, LINE 2D FUNDRAISING EXPENSE RECLASSED $37,627 Golf Tournament 29822 29822 16932 0 29822 29822 16932 16932 -16932 GOLF TOURNAMENT SCHEDULE G, PART II THE GOLF TOURNAMENT IS FOR THE BENEFIT OF THE EPISCOPAL SCHOOL OF DALLAS, INC. BOOSTER CLUB AND THE EPISCOPAL SCHOOL OF DALLAS PERMANENT ENDOWMENT TRUST. THE REVENUE AND EXPENSES WERE RECORDED BY THE EPISCOPAL SCHOOL OF DALLAS PERMANENT ENDOWMENT TRUST. THE NET PROFITS WERE SUBSEQUENTLY SPLIT 55% BOOSTER CLUB AND 45% THE EPISCOPAL SCHOOL OF DALLAS PERMANENT ENDOWMENT TRUST. true The Episcopal School of Dallas Inc 4100 Merrell Road Dallas TX 75229 751451116 501(c)(3) 568000 ESD program support 1 Schedule I, Part I, Line 2 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. false true false false false false false false false Meredyth L Cole Head of School 0 281890 0 25000 0 247260 0 7013 0 13833 0 574996 0 150000 Robert A Buchholz Chief Financial Officer, ESD 0 239977 0 0 0 1032 0 9494 0 13449 0 263952 0 0 Stephen B SwannTerm-082012 Former Rector and Headmaster 0 0 0 0 0 262000 0 0 0 0 0 262000 0 0 RELATED ORGANIZATION COMPENSATION REVIEW THE ORGANIZATION'S TOP EXECUTIVE OFFICER IS COMPENSATED BY THE EPISCOPAL SCHOOL OF DALLAS, INC. (ESD). ANNUALLY, THE COMPENSATION COMMITTEE FOR ESD ENGAGES AN EXPERT CONSULTANT TO DETERMINE WHETHER THE HEAD OF SCHOOL'S COMPENSATION IS REASONABLE AND NOT EXCESSIVE. THE COMPENSATION COMMITTEE THEN ANALYZES THE REPORT TO DETERMINE WHETHER THE METHODOLOGIES USED AND ANALYSIS CONTAINED IN THE REPORT ARE REASONABLE AND PRESENTS ITS FINDINGS TO THE FULL BOARD. THE BOARD MAKES THE FINAL DETERMINATION REGARDING THE HEAD OF SCHOOL'S COMPENSATION. NONQUALIFIED RETIREMENT PLAN SCHEDULE J, PART I, LINE 4B THE HEAD OF SCHOOL AND FORMER RECTOR AND HEADMASTER PARTICIPATE IN A 457(F) PLAN. THE HEAD OF SCHOOL RECEIVED DEFERRED COMPENSATION PAYMENTS TOTALING $150,000 IN CALENDAR 2016. PAYMENTS WERE MADE TO THE FORMER RECTOR AND HEADMASTER IN CALENDAR 2016 OF $262,000. X 2 61168 FMV false false true USE OF THIRD PARTY SCHEDULE M, PART I, LINE 32A DONORS OF STOCK ARE DIRECTED TO OUR STOCK ACCOUNT AT SCOTTRADE BY OUR DEVELOPMENT OFFICE. CONTRIBUTIONS ARE IMMEDIATELY CONVERTED TO CASH AT THE CURRENT MARKET RATE. MEMBERS OR STOCKHOLDERS FORM 990, PART VI, LINES 6 AND 7A THE ORGANIZATION'S MEMBERS CONSIST OF THE MEMBERS OF THE BOARD OF TRUSTEES PURSUANT TO THE ORGANIZATION'S TRUST AGREEMENT, THE 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 REVIEW PROCESS FORM 990, PART VI, LINE 11B 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 DIRECTOR OF FINANCE OF THE EPISCOPAL SCHOOL OF DALLAS, INC., REVIEW THE FORM 990 PRIOR TO FILING WITH THE IRS. CONFLICT OF INTEREST MONITORING & ENFORCEMENT FORM 990, PART VI, LINE 12C MEMBERS OF THE BOARD OF TRUSTEES ARE INSTRUCTED TO REVIEW THE CONFLICT OF INTEREST POLICY AND COMPLETE A QUESTIONNAIRE ON AN ANNUAL BASIS. ON THE QUESTIONNAIRE, THE TRUSTEES ARE INSTRUCTED TO DISCLOSE ANY POTENTIAL CONFLICTS OF INTEREST. THE ORGANIZATION KEEPS COPIES OF THE TRUSTEES' RESPONSES ON FILE. DUTY TO DISCLOSE IN CONNECTION WITH ANY PROPOSED TRANSACTION OR ARRANGEMENT BETWEEN THE SCHOOL OR THE ENDOWMENT TRUST AND AN INTERESTED PERSON WITH A FINANCIAL INTEREST IN THE PROPOSED TRANSACTION OR ARRANGEMENT, THE INTERESTED PERSON MUST TIMELY DISCLOSE THE EXISTENCE OF THE FINANCIAL INTEREST AND RELATED MATERIAL FACTS TO THE RELEVANT BOARD AND ANY COMMITTEE WITH GOVERNING BOARD DELEGATED POWERS ON WHICH THE INTERESTED PERSON SERVES THAT IS CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. PROCEDURES FOR ADDRESSING THE FINANCIAL INTEREST THE CHAIR OF THE RELEVANT BOARD MAY, IF APPROPRIATE, APPOINT A DISINTERESTED PERSON OR COMMITTEE TO INVESTIGATE ALTERNATIVES TO THE PROPOSED TRANSACTION OR ARRANGEMENT. THE RELEVANT BOARD OR COMMITTEE SHALL DETERMINE WHETHER THE SCHOOL OR THE ENDOWMENT TRUST CAN ENTER INTO A TRANSACTION OR ARRANGEMENT THAT IS EQUALLY OR MORE ADVANTAGEOUS TO THE SCHOOL OR THE ENDOWMENT TRUST WITH A PERSON OR ENTITY THAT IS NOT AN INTERESTED PERSON. IF THE SCHOOL OR THE ENDOWMENT TRUST CAN DO SO, IT SHALL NOT ENTER INTO THE PROPOSED TRANSACTION OR ARRANGEMENT WITH THE INTERESTED PERSON. IF IT IS NOT POSSIBLE FOR THE SCHOOL OR THE ENDOWMENT TRUST TO ENTER INTO AN EQUALLY OR MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT WITH A PERSON OR ENTITY THAT IS NOT AN INTERESTED PERSON, THE RELEVANT BOARD OR COMMITTEE SHALL DETERMINE BY A MAJORITY VOTE OF THE DISINTERESTED DIRECTORS, TRUSTEES, OR COMMITTEE MEMBERS, AS THE CASE MAY BE, PRESENT AT A MEETING OF THE BOARD OR COMMITTEE WHETHER THE PROPOSED TRANSACTION OR ARRANGEMENT IS IN THE SCHOOLS OR THE ENDOWMENT TRUSTS BEST INTERESTS AND WHETHER THE SCHOOL OR THE ENDOWMENT TRUST SHALL ENTER INTO THE PROPOSED TRANSACTION OR ARRANGEMENT. A DIRECTOR, TRUSTEE, OR COMMITTEE MEMBER WHO IS AN INTERESTED PERSON SHALL LEAVE THE MEETING DURING THE DISCUSSION OF, AND THE VOTE ON, THE PROPOSED TRANSACTION OR ARRANGEMENT. VIOLATIONS OF THE CONFLICTS OF INTEREST POLICY IF THE BOARD OR COMMITTEE BELIEVES A MEMBER HAS FAILED TO DISCLOSE A FINANCIAL INTEREST IN A TRANSACTION OR ARRANGEMENT WITH THE SCHOOL OR THE ENDOWMENT TRUST, IT SHALL INFORM THE MEMBER OF THE BASIS FOR SUCH BELIEF AND AFFORD THE MEMBER AN OPPORTUNITY TO EXPLAIN THE ALLEGED FAILURE TO DISCLOSE. IF, AFTER HEARING THE MEMBERS RESPONSE AND AFTER MAKING FURTHER INVESTIGATION AS WARRANTED BY THE CIRCUMSTANCES, THE BOARD OR COMMITTEE DETERMINES THE MEMBER HAS FAILED TO DISCLOSE THE FINANCIAL INTEREST, IT SHALL TAKE APPROPRIATE DISCIPLINARY OR CORRECTIVE ACTION. THE MEMBER SHALL LEAVE THE MEETING DURING THE DISCUSSION OF, AND THE VOTE ON, THESE MATTERS. GOVERNING DOCUMENTS FORM 990, PART VI, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. The Episcopal School of Dallas Inc 4100 Merrell Road Dallas TX 75229 751451116 College Prep TX 501(c)(3) 02 NA false WBL Family Investments Inc 4100 Merrell Road Dallas TX 75229 311761373 Investments TX 501(c)(25) N/A ESD false false true false false false false false false false false false true false true true true false false false