2016-11-23T09:56:01-06:00 2016-06-30 420714325 RSM US LLP 201 N HARRISON STREET SUITE 300 DAVENPORT IA 528011999 990 2015-07-01 752464091 BAYLOR ORAL HEALTH FOUNDATION BAYL 2148217500 3600 GASTON AVENUE NO 1151 DALLAS TX 75246 ROBERT J BIGHAM JR PRESIDENT & TREASURER 2148217500 2016-11-17 1 JOHN J ROMANO P00227323 5638884000 2015 2017-02-10 21:41:12Z ROBERT J BIGHAM JR 3600 GASTON AVENUE NO 1151 DALLAS TX 75246 7615330 0 X BOHF.ORG X 1993 TX THE BAYLOR ORAL HEALTH FOUNDATION WAS ESTABLISHED TO FOSTER AND SUPPORT THE ACTIVITIES AND PROGRAMS OF THE TEXAS A&M UNIVERSITY COLLEGE OF DENTISTRY (THE COLLEGE) TO PROVIDE FINANCIAL SUPPORT TO THE COLLEGE, AND TO ADVANCE THE ORAL HEALTH, EDUCATIONAL AND RESEARCH OBJECTIVES OF THE COLLEGE THROUGH DISTRIBUTIONS TO THE COLLEGE. 16 16 4 18 0 -14318 375968 498929 0 55207 8073279 4539219 60320 118123 8509567 5211478 6990549 1900499 0 0 402550 430757 0 0 0 307571 224955 7700670 2556211 808897 2655267 68321649 66288133 7049881 7348939 61271768 58939194 X THE BAYLOR ORAL HEALTH FOUNDATION WAS ESTABLISHED TO FOSTER AND SUPPORT THE ACTIVITIES AND PROGRAMS OF THE TEXAS A&M UNIVERSITY COLLEGE OF DENTISTRY (THE COLLEGE) TO PROVIDE FINANCIAL SUPPORT TO THE COLLEGE, AND TO ADVANCE THE ORAL HEALTH, EDUCATIONAL AND RESEARCH OBJECTIVES OF THE COLLEGE THROUGH DISTRIBUTIONS TO THE COLLEGE. 0 0 1900499 1900499 173330 PROVIDE FINANCIAL SUPPORT FOR ACTIVITIES & PROGRAMS OF TEXAS A&M UNIVERSITY COLLEGE OF DENTISTRY AND TO ADVANCE THE ORAL HEALTH, EDUCATIONAL AND RESEARCH OBJECTIVES THROUGH DISTRIBUTIONS TO THE COLLEGE. 1900499 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 37 0 1 4 1 0 0 0 0 0 0 0 0 0 0 X 16 16 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X X ROBERT J BIGHAM JR 2148217500 3600 GASTON AVE SUITE 1151 DALLAS TX 752461911 MR NEAL W ADAMS DIRECTOR 2.30 X 0 0 0 MR STANLEY E ALLRED DIRECTOR 2.00 X 0 0 0 MR W MIKE BAGGETT CHAIRMAN 2.00 X X 0 0 0 DR PATRICIA L BLANTON DIRECTOR 3.30 X 0 0 0 MR BILL E CARTER FORMER CHAIRMAN (7/1/15-2/17/16) 4.30 X X 0 0 0 DR JAMES COLE DIRECTOR 3.50 X 0 0 0 DR FRANK EGGLESTON DIRECTOR 1.30 X 0 0 0 DR JOHN S FINDLEY DIRECTOR 3.30 X 0 0 0 DR KATHY HAMILTON DIRECTOR 0.50 X 0 0 0 MR LARRY J HAYNES DIRECTOR 2.80 X 0 0 0 MS MICHELLE HICKOX DIRECTOR 3.50 X 0 0 0 MR TERRY KELLEY VICE-CHAIR 3.50 X X 0 0 0 MR DOUG LAWSON DIRECTOR 1.00 X 0 0 0 MR JOHN MCWHORTER FORMER DIRECTOR (7/1/15-11/18/15) 1.00 X 0 0 0 MR MATTHEW D PEIFFER DIRECTOR 3.00 X 0 0 0 MR CARL SCHIEFFER SECRETARY 3.00 X X 0 0 0 MR JOHN SOLANA DIRECTOR 1.00 X 0 0 0 DR W SCOTT WAUGH DIRECTOR 1.80 X 0 0 0 MR ROBERT J BIGHAM JR PRESIDENT & TREASURER 28.00 X 176340 0 24000 MR RAY COVINGTON ASST. TREASURER 8.00 X 27974 0 1860 204314 0 25860 1 0 1 0 0 498929 498929 MANAGEMENT FEES 561000 55207 55207 55207 1309702 1309702 5633369 2403852 3229517 3229517 3229517 OTHER REVENUE 900099 118123 118123 118123 5211478 173330 0 4539219 1886843 1886843 13656 13656 200027 200027 129319 129319 101411 101411 23643 23643 90375 90375 417 417 12845 12845 19093 19093 34391 34391 1592 1592 12623 12623 DEVELOPMENT 22573 22573 MEMBERSHIPS 4560 4560 BOARD EXPENSE 1104 1104 EQUIPMENT RENTAL AND MA 739 739 1000 1000 2556211 1900499 655712 0 X 132342 202324 4649261 6027166 238062 321431 0 9137 5220 5220 0 0 37414806 33609946 24075155 24296572 1812023 1821557 68321649 66288133 59350 98896 6392070 6770070 598461 479973 7049881 7348939 X 55354782 52875420 2943388 2867527 2973598 3196247 61271768 58939194 68321649 66288133 2655267 -4987841 0 X X 0 1 X 1 0 X 1014539 2015548 614391 375968 498929 4519375 1014539 2015548 614391 375968 498929 4519375 4519375 680978 911037 877324 1206179 1309702 4985220 89199 265860 543483 62783 173330 1134655 10639250 0.42480 0.49000 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2011 AMOUNT: $ 48,028. 2012 AMOUNT: $ 220,310. 2013 AMOUNT: $ 484,514. 2014 AMOUNT: $ 10,802. 2015 AMOUNT: $ 118,123. MANAGEMENT FEES - 2011 AMOUNT: $ 41,171. 2012 AMOUNT: $ 45,550. 2013 AMOUNT: $ 58,969. 2014 AMOUNT: $ 51,981. 2015 AMOUNT: $ 55,207. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3206110 261748 -100084 3367774 3146457 158638 -98985 3206110 2570434 280311 295712 3146457 2190250 178226 201958 2570434 1809657 446950 -66357 2190250 0.02970 0.89000 0.08030 0 0 5220 5220 0 0 FIXED INCOME FUNDS 5244299 F FOREIGN EQUITY FUNDS 11300938 F ALTERNATIVE INVESTMENTS 7751335 F 24296572 POSTRETIREMENT MED/LIFE INSUR. 479973 479973 X 223636 -4987841 -4987841 5211477 0 5211477 2556210 0 2556210 0 2556210 PART V, LINE 4: THE ENDOWMENT FUNDS ARE DESIGNATED TO SUPPORT CERTAIN PROGRAMS OR DEPARTMENTS OF TEXAS A&M UNIVERSITY COLLEGE OF DENTISTRY. PART X, LINE 2: THE FOUNDATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(A) OF THE INTERNAL REVENUE CODE (IRC) AS AN ORGANIZATION DESCRIBED IN IRC SECTION 501(C)(3). ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN MADE RELATED TO THE FOUNDATION; HOWEVER, SHOULD THE FOUNDATION ENGAGE IN ACTIVITIES UNRELATED TO THE PURPOSE FOR WHICH IT WAS CREATED, TAXABLE INCOME COULD RESULT. CAPITAL GAINS RECEIVED THROUGH PARTNERSHIP INTERESTS ARE TAXABLE. THE FOUNDATION HAS NOT INCURRED ANY FEDERAL INCOME TAX FOR THE YEAR ENDED JUNE 30, 2016 AND 2015. THE FINANCIAL ACCOUNTING STANDARDS BOARD (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 IN THE COURSE OF PREPARING THE FOUNDATION'S TAX RETURN 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 FOUNDATION IS NO LONGER SUBJECT TO U.S. FEDERAK, STATE AND LOCAL INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR YEARS PRIOR TO 2013. 1 COLLEGE OF DENTISTRY OF TEXAS A&M UNIVERSITY PO BOX 660677 DALLAS TX 752660677 742907553 501(C)(3) 1886843 SUPPORT THE EDUCATION OF DENTISTRY STUDENTS AT COLLEGE OF DENTISTRY 1 0 TUITION REIMBURSEMENTS 6 6156 BAYLOR ORAL HEALTH FOUNDATION CENTENNIAL AWARD 2 7500 PART I, LINE 2: AT EACH BOARD MEETING, THE TEXAS A&M UNIVERSITY COLLEGE OF DENTISTRY REPRESENTATIVE REPORTS TO THE BOARD AN UPDATE OF PROGRAMS AND USE OF GRANTS. X X 0 0 0 0 0 0 0 0 0 MR ROBERT J BIGHAM JR PRESIDENT & TREASURER 169140 0 0 0 7200 0 18000 0 6000 0 200340 0 0 0 FORM 990, PART VI, SECTION B, LINE 11 THE ORGANIZATION'S PRESIDENT/TREASURER, CONTROLLER, BOARD OF DIRECTORS, AND AUDIT COMMITTEE REVIEW FORM 990 IN DETAIL BEFORE FILING THE RETURN. FORM 990, PART VI, SECTION B, LINE 12C THE BAYLOR ORAL HEALTH FOUNDATION (FOUNDATION) CONFLICT OF INTEREST POLICY AND AFFIRMATION STATEMENTS ARE DISTRIBUTED ANNUALLY TO ALL SIXTEEN BOARD MEMBERS AND THE FOUNDATION PRESIDENT/TREASURER. BOARD MEMBERS ARE REQUIRED TO RETURN THE SIGNED AFFIRMATIONS TO THE FOUNDATION WITHIN TWO WEEKS PRIOR TO THE FIRST QUARTER BOARD MEETING, GENERALLY HELD IN NOVEMBER. THE AFFIRMATIONS ARE FORWARDED TO THE CHAIRMAN OF THE AUDIT COMMITTEE. IF A CONFLICT IS IDENTIFIED, THE COMMITTEE CHAIRMAN DISCUSSES THE ISSUE WITH THE PRESIDENT/TREASURER. THE COMMITTEE CHAIR REPORTS HIS FINDINGS TO THE BOARD OF DIRECTORS. SINCE THE FOUNDATION'S INCEPTION IN 1993, THERE HAVE BEEN NO CONFLICT OF INTEREST ISSUES. ANY QUESTIONS OF POSSIBLE CONFLICT OF INTEREST ARE ADDRESSED WITH THE PRESIDENT/TREASURER AND THE AUDIT COMMITTEE CHAIR. ANY RESTRICTIONS IMPOSED WOULD DEPEND ON THE NATURE OF THE CONFLICT. THE PRESIDENT OF THE FOUNDATION MONITORS POTENTIAL CONFLICT OF INTEREST ISSUES ON AN ONGOING BASIS. FORM 990, PART VI, SECTION B, LINE 15 THE PRESIDENT REQUESTS THE MOST CURRENT SALARY SURVEYS FROM EXPONENT PHILANTHROPY, AN ASSOCIATION OF SMALL FOUNDATIONS OF WHICH BAYLOR ORAL HEALTH FOUNDATION (BOHF) IS A MEMBER. THE BOARD OF DIRECTORS REVIEWS THESE SURVEYS AS WELL AS SALARY AND TOTAL COMPENSATION INFORMATION GATHERED FROM OTHER ASSOCIATIONS. DURING THE BOARD MEETING, THE BOARD MEMBERS DISCUSS AND COMPARE THE SALARY LEVELS AT BOHF TO THE COMPENSATION INFORMATION OBTAINED WITH REGARD TO THE BOHF BUDGET AND CURRENT FINANCIAL STATEMENTS. BOARD MEMBERS DISCUSS AND VOTE ON ANY COMPENSATION PROPOSALS AND CHANGES. THE PRESIDENT/TREASURER IS NOT PRESENT AT THE MEETING DURING THESE COMPENSATION DISCUSSIONS. AFTER ANY COMPENSATION CHANGES ARE APPROVED, THE CHAIRMAN SIGNS A DOCUMENT WHICH DETAILS THIS INFORMATION AND PROVIDES IT TO THE PRESIDENT FOR THE BOHF RECORDS. THE DECISIONS ON COMPENSATION CHANGES ARE RECORDED IN BOARD MINUTES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990 PART X, LINES 1, 2, 11, 12, & 15: IN 2015, BAYLOR ORAL HEALTH FOUNDATION DETERMINED THAT IT WAS MORE APPROPRIATE TO INCLUDE IN COLUMN (B) (END OF YEAR) FOR LINES 1 (CASH - NON-INTEREST-BEARING), 11 (INVESTMENTS - PUBLICLY TRADED SECURITIES), 12 (INVESTMENTS - OTHER SECURITIES), AND 15 (OTHER ASSETS) CERTAIN ITEMS INCLUDED IN PRIOR YEAR FORMS 990 IN LINES 2 (SAVINGS AND TEMPORARY CASH INVESTMENTS) AND 11 (INVESTMENTS-PUBLICLY TRADED SECURITIES), RESPECTIVELY. CONFORMING ADJUSTMENTS HAVE BEEN MADE TO THE 2014 BEGINNING OF YEAR AMOUNTS LISTED IN COLUMN (A) OF PART X. FORM 990, PART XII, LINE 2C: THE OVERSIGHT AND SELECTION PROCESS HAS NOT CHANGED FROM PRIOR TAX YEARS.