2025-11-17T18:47:52-06:00 2024-12-31 861065772 DELOITTE TAX LLP 1111 BAGBY STREET SUITE 4500 HOUSTON TX 77002 990 2024-01-01 453961755 HIGHLAND DALLAS FOUNDATION INC HIGH 2142766300 2101 CEDAR SPRINGS SUITE 1200 DALLAS TX 75201 JAMES DONDERO PRESIDENT, DIRECTOR 2142766300 2025-11-17 1 0 MUZAFAR MASOOD P01333193 7139822000 2025-11-17 2024 2025-03-06 01:10:19Z JAMES DONDERO 2101 CEDAR SPRINGS SUITE 1200 DALLAS TX 75201 4709490 0 X N/A X 2011 TX TO SUPPORT AND BENEFIT THE DALLAS FOUNDATION, A TEXAS NONPROFIT CORPORATION. 3 1 0 0 0 0 0 0 0 0 32787503 4709490 0 0 32787503 4709490 2284137 3839918 0 0 0 0 0 0 0 103570 677824 2387707 4517742 30399796 191748 139632832 82073527 0 405413 139632832 81668114 X SEE 4A BELOW 0 0 3839918 3839918 THE HIGHLAND DALLAS FOUNDATION IS ORGANIZED AND OPERATED EXCLUSIVELY AS A SUPPORTING ORGANIZATION WITHIN THE MEANING OF SECTION 509(A)(3) OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED (THE "CODE"), TO SUPPORT AND BENEFIT THE DALLAS FOUNDATION ("TDF"), A TEXAS NONPROFIT CORPORATION. TDF IS EXEMPT FROM FEDERAL INCOME TAXATION UNDER SECTION 501(A) OF THE CODE AS AN ORGANIZATION DESCRIBED IN SECTION 501(C)(3) OF THE CODE AND A PUBLIC CHARITY DESCRIBED IN SECTION 509(A)(1) OF THE CODE.THE ORGANIZATION RECEIVED ITS FUNDING AS ONE OF THREE CHARITABLE REMAINDER BENEFICIARIES OF A CHARITABLE REMAINDER TRUST CREATED BY JAMES DONDERO, WHICH TERMINATED ON NOVEMBER 30, 2011. THE ORGANIZATION'S SUPPORTED ORGANIZATION, TDF, IS THE OLDEST COMMUNITY FOUNDATION IN TEXAS AND SERVES DONORS AND NONPROFIT AGENCIES THROUGHOUT NORTH TEXAS. THE ORGANIZATION SUPPORTS AND BENEFITS TDF BY MAKING GRANTS DIRECTLY TO TDF IN SUPPORT OF ITS CHARITABLE PURPOSES. IN ADDITION, UPON THE DIRECTION AND ON BEHALF OF TDF, THE ORGANIZATION MAY MAKE GRANTS TO SUCH OTHER PUBLIC CHARITIES THAT TDF WISHES TO BENEFIT IN FURTHERANCE OF TDF'S EXEMPT PURPOSES. THE TOTAL ANNUAL GRANTS FROM THE ORGANIZATION TO OR ON BEHALF OF TDF ARE EXPECTED TO AVERAGE APPROXIMATELY $1,000,000 PER YEAR. 3839918 1 0 0 0 0 0 0 0 0 0 0 1 0 1 1 1 0 0 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 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 3 1 0 0 0 0 0 0 0 1 1 0 0 1 0 0 0 0 0 0 X TORREY LITTLETON 2147419898 3000 PEGASUS PARK STE 930 DALLAS TX 75247 JAMES DONDERO PRESIDENT, DIRECTOR 1.00 0.00 X X 0 0 0 JULIE DIAZ VICE PRESIDENT 0.50 40.00 X X 518549 0 13576 ANGELA WOODSON SECRETARY 0.50 40.00 X 182830 0 19002 TORRREY LITTLETON TREASURER 0.50 40.00 X 260781 0 29957 962160 0 62535 0 0 1 0 0 4709490 4709490 4709490 0 0 4709490 3839918 3839918 500000 500000 13751 13751 164073 164073 4517742 3839918 677824 0 0 36231 119297562 61702026 20335270 20335270 139632832 82073527 0 405413 0 405413 X 139632832 81668114 139632832 81668114 139632832 82073527 X 191748 -57751053 -405413 X 0 1 X 1 0 X X 1 THE DALLAS FOUNDATION 752890371 7 1 3839918 0 1 3839918 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 CHARITABLE DAF HOLDCO, LTD. 44285479 F HIGHLAND MULTI STRATEGY CREDIT FUND, LTD 300996 F CHARLES SCHWAB ACCOUNT 8580551 F NHT 8535000 F 61702026 GUN COLLECTION 20335270 20335270 TDF ADMIN FEE PAYABLE 405413 405413 PART IV LINE 11F THE FOUNDATION FOLLOWS THE PROVISIONS OF ASC 740-10, INCOME TAXES, RELATED TO UNRECOGNIZED TAX POSITIONS. THE FOUNDATION RECOGNIZES THE TAX BENEFITS FROM UNCERTAIN TAX POSITIONS ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITIONS WILL BE SUSTAINED ON EXAMINATION BY THE TAXING AUTHORITIES, BASED ON THE TECHNICAL MERITS OF THE POSITIONS. THE TAX BENEFITS RECOGNIZED IN THE CONSOLIDATED FINANCIAL STATEMENTS FROM SUCH POSITIONS ARE MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50% LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THE FOUNDATION DOES NOT BELIEVE THERE ARE ANY MATERIAL UNCERTAIN TAX POSITIONS AND ACCORDINGLY, IT WILL NOT RECOGNIZE ANY LIABILITY FOR UNRECOGNIZED TAX BENEFITS. FOR THE YEAR ENDED DECEMBER 31, 2024, THERE WERE NO INTEREST OR PENALTIES RECORDED OR INCLUDED IN THE FINANCIAL STATEMENTS. THE FOUNDATION RECOGNIZES INTEREST AND PENALTIES, IF ANY, RELATED TO UNCERTAIN TAX POSITIONS AS INCOME TAX EXPENSE. THE FOUNDATION'S INFORMATIONAL RETURNS ARE GENERALLY SUBJECT TO EXAMINATION FOR THREE YEARS AFTER THE LATER OF THE DUE DATE OR DATE OF FILING. AS A RESULT, THE FOUNDATION IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR YEARS PRIOR TO 2019. CENTRAL AMERICA AND THE CARIBBEAN INVESTMENT IN FOREIGN INVESTMENT COMPANY N/A 44285479 0 0 0 0 0 0 44285479 0 44285479 0 0 1 1 0 0 1 THE DALLAS FOUNDATION 3000 PEGASUS PARK DRIVE STE 930 DALLAS TX 75247 752890371 501(C)(3) 3839918 0 GENERAL PROGRAM SUPPORT PART I, LINE 2: THE FOUNDATION SUPPORTS AND BENEFITS TDF BY MAKING GRANTS DIRECTLY TO TDF IN SUPPORT OF ITS CHARITABLE PURPOSES. IN ADDITION, UPON THE DIRECTION AND ON BEHALF OF TDF, THE FOUNDATION MAY MAKE GRANTS TO SUCH OTHER PUBLIC CHARITIES THAT TDF WISHES TO BENEFIT IN FURTHERANCE OF TDF'S EXEMPT PURPOSES. THESE ORGANIZATIONS ARE EXPECTED TO MAINTAIN ADEQUATE INTERNAL CONTROLS CONCERNING USE OF THESE FUNDS. 0 0 0 0 0 0 0 0 0 JULIE DIAZ VICE PRESIDENT 473549 0 45000 0 0 0 13100 0 476 0 532125 0 0 0 TORRREY LITTLETON TREASURER 231741 0 29040 0 0 0 10027 0 19930 0 290738 0 0 0 ANGELA WOODSON SECRETARY 178504 0 4326 0 0 0 7072 0 11930 0 201832 0 0 0 PART I, LINE 3 COMPENSATION PROCESS FOR TOP OFFICIAL - A SELECT INDEPENDENT GROUP OF THE BOARD ESTABLISHES THE COMPENSATION PACKAGE FOR THE CEO. COMPENSATION SURVEYS, INDICATING NATIONAL INDUSTRY STANDARDS FOR COMPENSATION OF SIMILAR ORGANIZATIONS, ARE CONSULTED IN SETTING THE COMPENSATION PACKAGE FOR THIS POSITION. COMPENSATION PROCESS FOR OFFICERS - THE BOARD HAS DESIGNATED COMPENSATION DECISIONS FOR OTHER OFFICERS AND KEY EMPLOYEES TO THE ORGANIZATION'S CEO. COMPENSATION SURVEYS, INDICATING NATIONAL INDUSTRY STANDARDS FOR COMPENSATION OF SIMILAR ORGANIZATIONS, ARE CONSULTED IN SETTING COMPENSATION PACKAGES FOR THESE POSITIONS. FORM 990, PART VI, SECTION A, LINE 1A PURSUANT TO SECTION 2.2 OF THE ORGANIZATION'S BYLAWS, THE INSTITUTIONAL MEMBER SHALL BE ENTITLED TO TWO (2) VOTES UPON EACH MATTER SUBMITTED TO A VOTE OF THE MEMBERS, AND THE INDIVIDUAL MEMBER SHALL BE ENTITLED TO ONE (1) VOTE UPON EACH MATTER SUBMITTED TO A VOTE OF THE MEMBERS. FORM 990, PART VI, SECTION B, LINE 11B MANAGEMENT, INCLUDING THE DIRECTORS, WORKS DILIGENTLY TO COMPLETE THE FORM 990 AND ATTACHED SCHEDULES IN A THOROUGH MANNER. MANAGEMENT PRESENTS THE FORM TO THE BOARD FOR REVIEW AND COMMENTS. PRIOR TO FILING THE RETURN, ALL BOARD MEMBERS ARE PROVIDED THE FORM 990 AND MANAGEMENT TEAM MEMBERS ARE AVAILABLE TO ANSWER ANY BOARD MEMBERS' QUESTIONS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: LIABILITY PAYABLE -405,413. THE DALLAS FOUNDATION 3000 PEGUSAS PARK DRIVE SUITE 930 DALLAS TX 75247 752893071 COMMUNITY FOUNDATION TX 501(C)(3) LINE 7: 170(B)(1)(A) N/A 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 THE DALLAS FOUNDATION B 3839918 CASH THE DALLAS FOUNDATION M 500000 CASH