2025-10-28T11:02:27-05:00 2024-12-31 410746749 CLIFTONLARSONALLEN LLP 420 SOUTH ORANGE AVENUE SUITE 900 ORLANDO FL 32801 990 2024-01-01 510163529 PHILANTHROPY SOUTHWEST PHIL 2147401787 3000 PEGASUS PARK DRIVE 706 DALLAS TX 752476204 ANTHONY J FUNDARO PRESIDENT & CEO 2147401787 2025-10-24 1 1 LACEY M QUATSOE P01300865 4078021200 2025-10-24 2024 2025-03-06 01:10:19Z ANTHONY J FUNDARO 3000 PEGASUS PARK DRIVE 706 DALLAS TX 752476204 2498723 0 1 X WWW.PHILANTHROPYSOUTHWEST.ORG X 1975 TX FOSTER PHILANTHROPY AND RELATIONSHIPS THAT IMPACT THE SOUTHWEST'S PEOPLE AND COMMUNITIES. 16 16 6 60 0 0 2015543 1554047 604635 724407 57762 47256 478 0 2678418 2325710 0 12150 0 0 829605 901397 0 0 350070 1495485 1272930 2325090 2186477 353328 139233 2398110 2671388 495862 509830 1902248 2161558 X FOSTER MEANINGFUL PHILANTHROPY AND TRUSTED RELATIONSHIPS THAT IMPACT THE SOUTHWEST REGION'S PEOPLE, COMMUNITIES, AND MOST PRESSING ISSUES.PHILANTHROPY SOUTHWEST (PSW) MEMBERSHIP IS ABOUT VALUABLE CONNECTIONS AND LEADING-EDGE LEARNING THAT RESULT IN STRONGER PHILANTHROPY, BOTH WITHIN YOUR FOUNDATION AND ACROSS OUR REGION. THE CHALLENGES THAT PEOPLE AND COMMUNITIES IN OUR REGION FACE ARE MANY AND UNIQUE, AND AT PSW WE BELIEVE THAT PHILANTHROPY, WHEN DONE WELL, CAN BE A HUGE PART OF THE SOLUTION. THAT'S WHY WE BRING TOGETHER MANY OF THE MOST TALENTED, PASSIONATE, AND DIVERSE PHILANTHROPIC LEADERS IN THE REGION, TO LEARN FROM EACH OTHER AND HELP EACH OTHER GROW. OUR MEMBERS TELL US THAT WHAT THEY VALUE MOST ABOUT PSW IS RELATIONSHIPS, PROFESSIONAL LEARNING, FOCUS ON THE SOUTHWEST, ADVOCACY, INNOVATION, AND DIVERSITY. 0 0 920756 594750 IN-PERSON ANNUAL CONFERENCE: 562 INDIVIDUALS ATTENDED THE 76TH ANNUAL CONFERENCE IN SANTA FE, NM, INCLUDING MEMBERS, NON-MEMBERS, SPOUSE/GUEST REGISTRANTS, AND SPEAKERS. THE CONFERENCE INCLUDED FOUR PLENARY SESSIONS AND 40 BREAKOUT SESSIONS, NETWORKING EVENTS, SITE VISITS, PRE-CONFERENCE SESSIONS, THE CELEBRATION OF PHILANTHROPY DINNER, AND CEO/ED BREAKFAST. NEW TO THE CONFERENCE THIS YEAR WERE MASTER CLASS SESSIONS BOTH PRE-CONFERENCE AND DURING THE CONFERENCE. CEU CREDITS WERE OFFERED FOR SOME SESSIONS. OTHER THAN MEMBER DUES, THIS IS THE PRIMARY PROGRAM EVENT FOR PSW. 367386 12150 75847 ONGOING MEMBER SERVICES:PSW IS COMMITTED TO CONNECTED, IMPACTFUL PHILANTHROPY BY PROVIDING RESPONSIVE AND TIMELY SERVICES, RESOURCES AND EDUCATIONAL PROGRAMMING TO ITS MEMBERS. TO THAT END PSW PROVIDED: LEADERSHIP DEVELOPMENT OPPORTUNITIES, PROFESSIONAL DEVELOPMENT, ONLINE EDUCATIONAL EXCHANGE COMMITTED TO MEMBER PROFESSIONAL DEVELOPMENT DYNAMIC AND TAILORED LEARNING EXPERIENCES, CONNECTION OPPORTUNITIES, ONE SOUTHWESTERN VOICE TO PROMOTE & DEFEND PHILANTHROPY EFFECTIVELY, SECTOR RESOURCES AND DISCOUNTS, NEWSLETTERS, LEGISLATIVE UPDATES, RESEARCH STUDIES - DEMOGRAPHIC, RURAL, URBAN. 283864 53810 EDUCATIONAL SEMINARS: PSW OFFERS A NUMBER OF EDUCATIONAL AND PROFESSIONAL LEARNING OPPORTUNITIES ON A VARIETY OF TOPICS DESIGNED TO ASSIST ITS MEMBERS WITH ALL ASPECTS OF OPERATING CHARITABLE ORGANIZATIONS EFFICIENTLY, EFFECTIVELY, AND WITHIN THE LEGAL FRAMEWORK OF THE INTERNAL REVENUE CODE AS WELL AS THE STATUTES OF THEIR RESPECTIVE STATES. OFFERINGS INCLUDED THE FOLLOWING: UNIVERSITY OF TEXAS LAW SCHOOL NONPROFIT ORGANIZATIONS INSTITUTE: OVER 250 PEOPLE ATTENDED THIS PROGRAM LED BY NATIONAL EXPERTS FROM PRIVATE FOUNDATIONS, NONPROFIT ORGANIZATIONS, LAW, FINANCE AND GOVERNMENTAL ENTITIES. TOPICS INCLUDED DISCUSSIONS ON TAX, LEGISLATIVE, AND GOVERNANCE ISSUES AFFECTING PRIVATE FOUNDATIONS AND NONPROFIT ORGANIZATIONS. OTHER SESSION TOPICS INCLUDED DATA PROTECTION, CRISIS MANAGEMENT, RISK MANAGEMENT, GRANTMAKING, INVESTMENTS, COMPLIANCE AND REPORTING.PSW ON THE ROAD EVENTS: HELD IN 3 LOCATIONS, WITH MORE THAN 75 ATTENDEES - LAS VEGAS, NV, PHOENIX, AZ, AND TULSA, OK.THE WAYFARER LEADERSHIP PROGRAM: OFFERED AGAIN THIS YEAR; AN INTENSIVE YEAR-LONG LEADERSHIP TRAINING INVOLVING ONE-ON-ONE COACHING, SELF-DEVELOPMENT, AND THREE- OR FOUR-DAY REFLECTION RETREATS HELD AT DIFFERENT LOCATIONS. 1572006 1 1 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 20 0 1 6 1 0 0 0 0 0 0 0 0 0 0 0 0 X 16 16 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 0 0 X X ANTHONY FUNDARO 2147401787 3000 PEGASUS PARK DRIVE SUITE 706 DALLAS TX 75247 FELICIA CHASE GOODMAN CHAIR/BOARD MEMBER 2.00 X X 0 0 0 KATIE ROBBINS TREASURER/BOARD MEMBER 2.00 X X 0 0 0 MICHAEL MARTINEZ SECRETARY/BOARD MEMBER 2.00 X X 0 0 0 TERESA ROSE INCOMING CHAIR/BOARD MEMBER 1.00 X X 0 0 0 KATIE ALFORD BOARD MEMBER 1.00 X 0 0 0 KELLEY BARNES BOARD MEMBER 1.00 X 0 0 0 ROBERT BURNS BOARD MEMBER 1.00 X 0 0 0 AUSTIN DICKSON BOARD MEMBER 1.00 X 0 0 0 STACEY EASTERLING BOARD MEMBER 1.00 X 0 0 0 CHRISTOPHER GOETT BOARD MEMBER 1.00 X 0 0 0 HEATHER HOCKER BOARD MEMBER 1.00 X 0 0 0 BRIAN JOSEPH BOARD MEMBER 1.00 X 0 0 0 RONALD LEWIS BOARD MEMBER 1.00 X 0 0 0 TRACEY STEWART BOARD MEMBER 1.00 X 0 0 0 SHELLEY SWEATT BOARD MEMBER 1.00 X 0 0 0 ABEL WURMNEST BOARD MEMBER 1.00 X 0 0 0 ANTHONY FUNDARO PRESIDENT/CEO 40.00 X 203426 0 57534 MALLORY DRIGGERS EXECUTIVE VICE PRESIDENT 40.00 X 140087 0 12161 343513 0 69695 2 0 1 0 0 696869 857178 1554047 ANNUAL CONFERENCE FEES 541900 594750 594750 ONGOING MEMBER SERVICE 541900 75847 75847 EDUCATIONAL SEMINAR 541900 53810 53810 724407 65052 65052 155217 173013 -17796 -17796 -17796 2325710 724407 0 47256 12150 12150 260960 104384 78288 78288 506963 302183 54063 150717 44300 26825 4305 13170 38920 33087 5833 50254 28760 7536 13958 1200 1200 54999 54999 138824 112636 15916 10272 85326 69713 10861 4752 20454 15834 2713 1907 44249 29204 9735 5310 101469 68115 6872 26482 512020 508453 1621 1946 10057 7945 1509 603 9422 2826 6596 PROGRAM EXPENSE 212735 180825 31910 PUBLIC POLICY INITIATIV 60000 60000 PROFESSIONAL DEVELOP. 15009 3752 6754 4503 RECOGNITIONS 6155 4616 1231 308 1011 698 202 111 2186477 1572006 264401 350070 277894 213290 212500 41652 8222 55066 186119 74500 53240 29614 21260 1496748 1989080 284636 253417 2398110 2671388 42423 19349 165455 231207 287984 259274 495862 509830 X 1788248 1948708 114000 212850 1902248 2161558 2398110 2671388 139233 120077 0 X 0 1 X 1 0 X 1296498 1162683 1512692 2015543 1554047 7541463 59271 290800 508805 604635 724407 2187918 1355769 1453483 2021497 2620178 2278454 9729381 354172 217570 374685 485793 276100 1708320 1239 208 1447 355411 217778 374685 485793 276100 1709767 8019614 17566 25705 23171 39146 65052 170640 17566 25705 23171 39146 65052 170640 2788 5891 478 9157 1376123 1479188 2050559 2659802 2343506 9909178 0.80930 0.78890 0.01720 0.01540 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2020 AMOUNT: $ 2,788. 2022 AMOUNT: $ 5,891. 2023 AMOUNT: $ 478. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 981120 16258 111986 1109364 866344 122557 7781 981120 1019439 -152345 750 866344 882895 137888 1344 1019439 822080 71371 10556 882895 1.00000 0 0 3180 3180 0 71320 50060 21260 21260 RIGHT OF USE ASSET 253417 253417 OPERATING LEASE LIABILITY 259274 259274 X 2433637 120077 -12150 107927 2325710 0 2325710 2174327 0 2174327 12150 12150 2186477 PART V, LINE 4: BOARD DESIGNATED FUNDS ARE INTENDED AS A RESERVE. THE BOARD TRANSFERS EARNINGS TO OPERATIONS AS NEEDED. PART X, LINE 2: THE ORGANIZATION IS A NONPROFIT ENTITY EXEMPT FROM FEDERAL INCOME TAXES UNDER INTERNAL REVENUE CODE SECTION 501(C)(3); THEREFORE, NO PROVISION FOR FEDERAL INCOME TAXES HAS BEEN INCLUDED IN THE FINANCIAL STATEMENTS. TAXES ARE PAID ON NET INCOME EARNED FROM SOURCES UNRELATED TO THE EXEMPT PURPOSES. THERE WAS NO NET INCOME FROM UNRELATED BUSINESS FOR THE YEARS ENDED DECEMBER 31, 2024 AND 2023. THE ORGANIZATION HAS ADOPTED THE REQUIREMENTS FOR ACCOUNTING FOR UNCERTAIN TAX POSITIONS. THE ORGANIZATION DETERMINED THAT IT IS NOT REQUIRED TO RECORD A LIABILITY RELATED TO UNCERTAIN TAX POSITIONS FOR THE YEARS ENDED DECEMBER 31, 2024 AND 2023. THE ORGANIZATION FILES AS A TAX-EXEMPT ORGANIZATION. ITS TAX RETURNS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL AND STATE AUTHORITIES. TAX RETURNS ARE OPEN FOR AUDIT BY THESE AUTHORITIES FOR THREE YEARS FROM THE DUE DATE OF THE RETURN OF THE DATE ACTUALLY FILED. PART XI, LINE 2D - OTHER ADJUSTMENTS: GRANT EXPENSE PART XII, LINE 4B - OTHER ADJUSTMENTS: GRANT EXPENSE 1 GRANT 1 12150 PART I, LINE 2: REPORTS ARE FILED WITH THE GRANTOR AS OUTLINED IN THE GRANT AWARD LETTERS AND TERMS. THE EXECUTIVE VICE PRESIDENT FILES THE REPORTS. X X X X 0 0 0 0 0 0 0 1 0 ANTHONY FUNDARO PRESIDENT/CEO 182696 0 20730 0 0 0 20624 0 36910 0 260960 0 0 0 MALLORY DRIGGERS EXECUTIVE VICE PRESIDENT 140087 0 0 0 0 0 0 0 12161 0 152248 0 0 0 PART I, LINE 7 THE BONUS PAID TO THE CEO WAS BASED ON ATTAINMENT OF INCENTIVE GOALS ESTABLISHED BY THE BOARD OF DIRECTORS AND WAS BASED ON BOTH QUALITATIVE AND QUANTITATIVE MEASUREMENTS. FORM 990, PART VI, SECTION A, LINE 1A THERE SHALL BE AN EXECUTIVE COMMITTEE TO ACT IN THE ABSENCE OF THE BOARD AND ON BEHALF OF THE BOARD BETWEEN BOARD MEETINGS AND SHALL BE COMPOSED OF THE CHAIR, IMMEDIATE PAST CHAIR/VICE CHAIR, SECRETARY, TREASURER, THE CHAIR OF THE GOVERNANCE COMMITTEE, AND UP TO TWO (2) AT-LARGE BOARD MEMBERS. THE EXECUTIVE COMMITTEE SHALL HAVE AND MAY EXERCISE THE POWERS OF THE BOARD OF DIRECTORS IN THE MANAGEMENT OF THE BUSINESS AND AFFAIRS OF THE CORPORATION WHILE THE BOARD IS NOT IN SESSION, SUBJECT TO SUCH LIMITATIONS AS MAY BE INCLUDED IN THE BOARD'S RESOLUTION, PROVIDED THAT THE EXECUTIVE COMMITTEE SHALL NOT HAVE THE AUTHORITY OF THE BOARD OF DIRECTORS IN REFERENCE TO THE FOLLOWING MATTERS: (A) FILLING VACANCIES ON THE BOARD OF DIRECTORS OR ON ANY COMMITTEE OF THE BOARD OR APPOINTED BY THE BOARD; (B) ADOPTION, AMENDMENT OR REPEAL OF BYLAWS; (C) ADOPTION OF A PLAN OF MERGER OR CONSOLIDATION WITH ANOTHER CORPORATION; OR (D) AUTHORIZING THE SALE, LEASE, OR EXCHANGE OF ALL OR SUBSTANTIALLY ALL OF THE ASSETS OF THE CORPORATION. THE EXECUTIVE COMMITTEE ALSO SHALL CONDUCT AN ANNUAL PERFORMANCE EVALUATION OF THE CEO AND SHALL RECOMMEND TO THE BOARD THE COMPENSATION OF THE CEO. FORM 990, PART VI, SECTION A, LINE 6 PSW'S MEMBERS WILL INCLUDE TWO CLASSES OF MEMBERSHIP: (1) ORGANIZATIONS AND (2) INDIVIDUALS. A. ORGANIZATIONAL MEMBERS ARE THOSE ENTITIES THAT HAVE A PROFESSIONAL INTEREST IN THE WORK OF THE CORPORATION. B. INDIVIDUAL MEMBERS ARE THOSE PERSONS WHO HAVE AN INTEREST IN THE WORK OF THE CORPORATION. FORM 990, PART VI, SECTION A, LINE 7A EACH MEMBER SHALL BE ELIGIBLE TO VOTE IN ELECTIONS OF THE BOARD OF DIRECTORS FROM THE MEMBERS; PROVIDED, HOWEVER, UP TO TWO (2) DIRECTORS MAY BE NON-MEMBERS. EACH MEMBER MUST PROVIDE THE NAME OF THE CURRENT VOTING REPRESENTATIVE OF THE MEMBER IN WRITING TO THE BOARD AND MUST PROVIDE WRITTEN NOTICES OF ANY CHANGE OF VOTING REPRESENTATIVE. FORM 990, PART VI, SECTION A, LINE 7B EACH MEMBER SHALL BE ELIGIBLE TO VOTE FOR VOTING ISSUES DOCUMENTED IN THE BYLAWS AND FOR OTHER ISSUES FOR WHICH THE BOARD CALLS FOR A MEMBERSHIP VOTE. EACH MEMBER MUST PROVIDE THE NAME OF THE CURRENT VOTING REPRESENTATIVE OF THE MEMBER IN WRITING TO THE BOARD AND MUST PROVIDE WRITTEN NOTICES OF ANY CHANGE OF VOTING REPRESENTATIVE. FORM 990, PART VI, SECTION B, LINE 11B THE AUDIT AND FINANCE COMMITTEE, A STANDING PSW COMMITTEE, REVIEWS THE FORM 990 AFTER THAT SAME COMMITTEE HAS REVIEWED THE AUDIT DRAFT TO ENSURE CONSISTENCY AND ACCURACY OF RESPONSES. THE RETURN IS THEN FORWARDED TO THE FULL BOARD FOR REVIEW AND COMMENTS PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD OF DIRECTORS MONITORS COMPLIANCE WITH PSW'S CONFLICT OF INTEREST POLICY ON AN ANNUAL BASIS BY (1) REVIEWING THE POLICY ANNUALLY AND (2) ENSURING THAT EACH STAFF AND MEMBER OF THE BOARD HAS ACKNOWLEDGED IN WRITING THEY HAVE READ THE POLICY AND AGREED TO COMPLY. IF A CONFLICT OF INTEREST EXISTS, THE PERSON WITH THE CONFLICT OF INTEREST DOES NOT PARTICIPATE IN ANY DELIBERATION/VOTE ON THE MATTER. FORM 990, PART VI, SECTION B, LINE 15A THE FULL BOARD OF DIRECTORS DESIRES PSW'S SALARY SYSTEM TO BE MARKET COMPETITIVE. THE ORGANIZATION UTILIZES THE ANNUAL SALARY SURVEY REPORT PREPARED BY UNITED PHILANTHROPY FORUM FOR ALL PSOS IN THE U.S. THE EXECUTIVE COMMITTEE ALSO HAS ACCESS TO THE SALARIES PAID BY ITS COUNTERPARTS ACROSS THE COUNTRY VIA AN ANNUAL REPORT OF THE GIVING FORUM. ANNUALLY THE EXECUTIVE COMMITTEE CONDUCTS A REVIEW OF THE PRESIDENT/CEO'S PERFORMANCE, SKILLS, COMPETENCIES, DEVELOPMENT AND GROWTH, AND EFFECTIVE VISIBLE COMMITMENT TO THE ORGANIZATION. BASED ON THIS REVIEW, THE EXECUTIVE COMMITTEE THEN RECOMMENDS THE PRESIDENT/CEO'S COMPENSATION TO THE FULL BOARD. ALL DELIBERATIONS AND DECISIONS ON CEO COMPENSATION ARE DOCUMENTED CONTEMPORANEOUSLY. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, FINANCIAL STATEMENTS, AND THE CONFLICT OF INTEREST POLICY ARE PROVIDED TO THE PUBLIC UPON REQUEST AND TO MEMBERS VIA ITS WEBSITE.