2024-04-29T13:40:51-05:00 2023-06-30 752393478 WHITLEY PENN LLP 8343 DOUGLAS AVENUE SUITE 400 DALLAS TX 75225 990 2022-07-01 752264376 PARISH EPISCOPAL SCHOOL ENDOWMENT FUND INC PARI 9722398011 4101 SIGMA ROAD DALLAS TX 75244 MARK KIRKPATRICK CHIEF FINANCIAL OFFICER 9722398011 2024-04-26 1 MARK KIRKPATRICK 999009999 1 CURTIS MAXFIELD P00445178 2143939300 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z MARK KIRKPATRICK 4101 SIGMA ROAD DALLAS TX 75244 407274 0 X WWW.PARISH.ORG X 1984 TX THE PARISH EPISCOPAL SCHOOL ENDOWMENT FUND, INC (THE "ENDOWMENT FUND") WAS ESTABLISHED TO SOLICIT, RECEIVE AND USE GIFTS AND GRANTS FOR THE BENEFIT OF PARISH EPISCOPAL SCHOOL (THE "SCHOOL"). 10 9 0 0 0 0 35715 206636 0 0 106453 200638 0 0 142168 407274 669000 725500 0 0 0 0 0 0 0 99129 85659 768129 811159 -625961 -403885 20433653 21524896 75648 136364 20358005 21388532 THE PARISH EPISCOPAL SCHOOL ENDOWMENT FUND, INC (THE "ENDOWMENT FUND") WAS ESTABLISHED TO SOLICIT, RECEIVE AND USE GIFTS AND GRANTS FOR THE BENEFIT OF PARISH EPISCOPAL SCHOOL (THE "SCHOOL"). 0 0 725500 725500 IN ACCORDANCE WITH ITS MISSION, THE ENDOWMENT FUND CONTRIBUTED FUNDS TO PARISH EPISCOPAL SCHOOL IN THE AMOUNT OF $725,500 DURING ITS FISCAL YEAR ENDING JUNE 30, 2023. 725500 1 1 0 0 0 0 0 0 0 1 0 0 1 0 1 1 0 1 0 0 1 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 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 10 9 0 0 0 0 0 1 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X MARK KIRKPATRICK 9722398011 4101 SIGMA ROAD DALLAS TX 75244 J MARK KIRKPATRICK SECRETARY & TREASURER 1.00 50.00 X X 0 250434 24430 GARY WALSH CHAIRMAN 1.00 X X 0 0 0 CHRISTINE ASHMORE VICE CHAIR 1.00 X X 0 0 0 GRANT JACKSON DIRECTOR 1.00 X 0 0 0 BILL GRIFFIN DIRECTOR 1.00 X 0 0 0 CARRIE BURTON - EX OFFICIO DIRECTOR 1.00 50.00 X 0 113042 6761 JASON DEVENING DIRECTOR 1.00 X 0 0 0 TIM ELLER DIRECTOR 1.00 X 0 0 0 AMI DOSHI DIRECTOR (PARTIAL YEAR) 1.00 X 0 0 0 CHARMAINE TANG DIRECTOR (PARTIAL YEAR) 1.00 X 0 0 0 BIEGEL MACARAEG DIRECTOR 1.00 X 0 0 0 0 363476 31191 0 0 1 0 0 206636 206636 200638 200638 407274 0 0 200638 725500 725500 85659 85659 811159 725500 85659 0 0 550 17698093 18788786 2735560 2735560 20433653 21524896 75648 136364 75648 136364 X 16878373 17570036 3479632 3818496 20358005 21388532 20433653 21524896 -403885 1434412 0 X X 0 1 X 1 0 X X 1 PARISH EPISCOPAL SCHOOL 751390485 2 1 725500 0 1 725500 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 SCHEDULE A, PART IV, SECTION A, LINE 1 THE BOARD OF TRUSTEES FOR THE PARISH EPISCOPAL SCHOOL APPOINTS THE BOARD OF DIRECTORS FOR THE ENDOWMENT FUND. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 20358005 206636 1635050 725500 85656 21388535 23793600 35715 -2703181 669000 99129 20358005 22134500 500000 4861747 592500 3000000 110147 23793600 22332133 25000 413469 538500 -24099 121701 22134500 21446703 551815 921828 467900 120313 22332133 0.82100 0.14800 0.03100 0 0 0 REAL ESTATE - INVESTMENTS 2735560 F 2735560 INTERCOMPANY LIABILITY 136364 136364 X PART X, LINE 2: SCHEDULE D, PART V, LINE 4 - THE ENDOWMENT FUNDS ARE USED FOR THE BENEFIT OF PARISH EPISCOPAL SCHOOL. SCHEDULE D, PART X, LINE 2 - THE ENDOWMENT FUND IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE "CODE") AND THEREFORE NO PROVISION HAS BEEN MADE FOR FEDERAL INCOME TAXES IN THE FINANCIAL STATEMENTS. IN ADDITION, THE ENDOWMENT FUND HAS BEEN CLASSIFIED AS AN ENTITY THAT IS NOT A PRIVATE FOUNDATION WITHIN THE MEANING OF SECTION 509(A) OF THE CODE. THERE WAS NO UNRELATED BUSINESS INCOME FOR FISCAL YEAR 2022 AND 2023. THE ENDOWMENT FUND IS ALSO EXEMPT FROM STATE INCOME TAXES. MANAGEMENT HAS EVALUATED THE ENDOWMENT FUND'S FEDERAL AND STATE TAX POSITIONS AND BELIEVES THERE ARE NO SIGNIFICANT UNCERTAIN TAX POSITIONS AND BELIEVES THAT IT HAS NOT TAKEN A TAX POSITION THAT, IF CHALLENGED, WOULD HAVE A MATERIAL EFFECT ON THE FINANCIAL STATEMENTS. THE ENDOWMENT FUND IS REQUIRED TO FILE AN ANNUAL INFORMATION RETURN WITH THE INTERNAL REVENUE SERVICE ("IRS"). THE ENDOWMENT FUND FILES FORM 990 IN THE UNITED STATES FEDERAL JURISDICTION WITHIN THE UNITED STATES AND NO TAX RETURNS ARE CURRENTLY UNDER EXAMINATION BY ANY TAX AUTHORITIES. SCHEDULE D, PART V, LINE 4 THE ENDOWMENT FUNDS ARE USED FOR THE BENEFIT OF PARISH EPISCOPAL SCHOOL. CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, 0 0 INVESTMENTS FOREIGN INVESTMENT FUNDS 800000 0 0 0 0 0 0 800000 0 800000 0 0 0 1 1 0 PART I, LINE 3: THE PARISH EPISCOPAL SCHOOL ENDOWMENT FUND, INC. USES THE ACCRUAL METHOD TO ACCOUNT FOR EXPENDITURES IN FOREIGN REGIONS. THIS REPORTING METHODOLOGY IS CONSISTENT WITH THE ENDOWMENT FUND'S FINANCIAL STATEMENTS. PART III ACCOUNTING METHOD: 1 PARISH EPISCOPAL SCHOOL 4101 SIGMA ROAD DALLAS TX 75244 751390485 501(C)(3) 725500 0 BOOK PROGRAM SERVICE SUPPORT 1 SCHEDULE I, PART I, LINE 2 GRANTS FROM THE ENDOWMENT FUND TO THE SCHOOL ARE MANAGED THROUGH AN INTER-FUND TRANSFER RECORDED ON THE BOOKS AND RECORDS OF BOTH ENTITIES. 0 0 0 0 0 0 0 0 0 J MARK KIRKPATRICK SECRETARY & TREASURER 0 250434 0 0 0 0 0 15118 0 9312 0 274864 0 0 SCHEDULE J, PART II MR. KIRKPATRICK IS THE CHIEF FINANCIAL OFFICER FOR PARISH EPISCOPAL SCHOOL. NO PART OF HIS COMPENSATION HAS BEEN ALLOCATED TO THE ENDOWMENT FUND. FORM 990, PART VI, SECTION A, LINE 7A THE BOARD OF TRUSTEES FOR THE PARISH EPISCOPAL SCHOOL APPOINTS THE BOARD OF DIRECTORS FOR THE ENDOWMENT FUND. FORM 990, PART VI, SECTION B, LINE 11B THE DRAFT OF THE FORM 990 IS REVIEWED BY THE BOARD OF DIRECTORS PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY WAS ORIGINALLY APPROVED BY THE BOARD IN 1998 AND WAS AMENDED APRIL 20, 2018. THE POLICY IS DISTRIBUTED AT THE BEGINNING OF EACH YEAR TO ALL BOARD MEMBERS AND IS INCLUDED IN THEIR MANUAL. THE POLICY REQUIRES THE BOARD MEMBER TO ATTEST THEY HAVE NOT HELD ANY OFFICE OR DIRECTORSHIP OR HAVE A PERSONAL FINANCIAL INTEREST, DIRECTLY OR INDIRECTLY, IN ANY CORPORATION, PARTNERSHIP, OR ENTITY WHICH TRANSACTS BUSINESS WITH THE ENDOWMENT FUND (THE FUND), THEY DO NOT INDIVIDUALLY TRANSACT ANY BUSINESS, DIRECTLY OR INDIRECTLY, WITH THE FUND AND ARE NOT RELATED TO ANY INDIVIDUAL IN THE EMPLOY OF THE FUND OR DOING BUSINESS WITH THE FUND. AT EACH COMMITTEE AND BOARD MEETING, MEMBERS ARE EXPECTED TO COMPLY WITH THE POLICY. ANY BOARD MEMBERS WITH A POTENTIAL CONFLICT OF INTEREST ARE EXPECTED TO RECUSE THEMSELVES FROM ANY RELEVANT ISSUE, AND THE RECUSAL IS REFLECTED IN THE MINUTES OF THAT MEETING. BOARD MEMBERS MAY BE EMPLOYED BY ORGANIZATIONS THAT ARE EITHER DIRECTLY OR INDIRECTLY INVOLVED IN THE MANAGEMENT OF INVESTMENTS HELD BY THE FUND. THESE RELATIONSHIPS HAVE BEEN DISCLOSED IN THE BOARD MEMBER'S CONFLICT OF INTEREST DISCLOSURE STATEMENTS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE FUND COMMUNITY (EMPLOYEES, VOLUNTEER LEADERSHIP, TRUSTEES), BUT NOT THE GENERAL PUBLIC OUTSIDE THE FUND COMMUNITY. FORM 990, PART XII, LINE 2C: THE FINANCIAL REPORTING OVERSIGHT PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. PARISH EPISCOPAL SCHOOL 4101 SIGMA ROAD DALLAS TX 75244 751390485 EDUCATION TX 501(C)(3) LINE 2 N/A 0 0 1 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0 0 PARISH EPISCOPAL SCHOOL B 725500 CASH