2025-02-11T13:43:51-06:00 2024-03-31 161131146 BONADIO & CO LLP 7557 RAMBLER RD SUITE 600 DALLAS TX 75231 990 2023-04-01 750855628 WORLD AFFAIRS COUNCIL OF DALLAS/FORT WORTH WORL 2149658400 325 N ST PAUL STREET 4200 DALLAS TX 75201 ELIZABETH BRAILSFORD PRESIDENT & CEO 2149658400 2025-01-22 1 0 HANNAH HODGE P01402403 5853811000 2025-01-22 2023 2025-03-06 01:10:19Z ELIZABETH BRAILSFORD 325 N ST PAUL STREET 4200 DALLAS TX 75201 3482565 0 X WWW.DFWWORLD.ORG X 1951 TX SINCE ITS FOUNDING IN 1951, THE MISSION OF THE WORLD AFFAIRS COUNCIL OF DALLAS/FORT WORTH HAS BEEN TO PROVIDE RELEVANT INFORMATION ABOUT GLOBAL ISSUES, CHALLENGES AND OPPORTUNITIES WHILE ESTABLISHING NORTH TEXAS AS A CENTER FOR INTERNATIONAL INTERESTS AND BUSINESS. 53 52 22 119 0 0 1825727 2292290 490273 442794 45408 59174 -304858 -121225 2056550 2673033 0 0 0 0 1699865 1737507 0 0 287408 684116 708199 2383981 2445706 -327431 227327 4960037 5044615 2906119 2653625 2053918 2390990 X SINCE ITS FOUNDING IN 1951, THE MISSION OF THE WORLD AFFAIRS COUNCIL OF DALLAS/FORT WORTH HAS BEEN TO PROVIDE RELEVANT INFORMATION ABOUT GLOBAL ISSUES, CHALLENGES AND OPPORTUNITIES WHILE ESTABLISHING NORTH TEXAS AS A CENTER FOR INTERNATIONAL INTERESTS AND BUSINESS. 0 0 1083943 330492 PUBLIC SPEAKER PROGRAMSTHE WORLD AFFAIRS COUNCIL PRESENTS PUBLIC PROGRAMS AND EVENTS TO SUPPORT OUR MISSION TO EDUCATE AND ENGAGE THE LOCAL COMMUNITY IN NATIONAL AND GLOBAL AFFAIRS. IN FY 2024, THE COUNCIL PRESENTED 65 PROGRAMS WITH AROUND 5,509 ATTENDEES AT OUR PROGRAMS FOR THE FISCAL YEAR. THE COUNCIL MAINTAINED IN-PERSON PROGRAMING, WITH OCCASIONAL WEBINARS TO ACCOMMODATE MEMBERS THAT WISHED TO STAY HOME DUE TO THE COVID-19. SIGNIFICANT PROGRAMS FEATURED: GENERAL DAVID PETRAEUS, HEATHER COX RICHARDSON, BELGIAN AMB. JEAN-ARTHUR REGIBEAU, SEN. JOE MANCHIN, JEFFREY TOOBIN, DAVID BROOKS, SIMON SHUSTER, AMB. KAY BAILEY HUTCHISON, BILL BROWDER, REP. COLIN ALLRED, REP. MARC VEASEY, AMB. PAULA DOBRIANSKY, PAUL SALEM, AND RICHARD HAASS. SOME PROGRAM PARTNERS INCLUDED: THE CENTER FOR PRESIDENTIAL HISTORY AT SMU, DALLAS BAPTIST UNIVERSITY, AMERICAN JEWISH COMMITTEE OF DALLAS, THE SUMNERS FOUNDATION, INTERNATIONAL LABOR ORGANIZATION, AFTER8TOEDUCATE, AND KOREA FOUNDATION. WE HELD OUR INTERNATIONAL EDUCATOR OF THE YEAR AWARD PRESENTATION AGAIN IN PERSON THIS YEAR, WITH GUEST SPEAKER SAL GIUNTA. THE COUNCIL RECOGNIZED KEN HERSH WITH THE 40TH ANNUAL H. NEIL MALLON AWARD IN NOVEMBER 2023. 242675 236231 GLOBAL YOUTH LEADERS PROGRAMOUR ROBUST GLOBAL YOUNG LEADERS PROGRAM ("GYL") PROVIDES SUPPLEMENTARY EDUCATIONAL PROGRAMS TO STUDENTS BOTH INSIDE AND OUTSIDE THE CLASSROOM ON TOPICS SUCH AS CIVICS, PUBLIC POLICY, INTERNATIONAL AFFAIRS, CULTURE, AND HISTORY. ADDITIONALLY, GYL PROVIDES RESOURCES AND WORKSHOPS TO TEACHERS TO ENHANCE THEIR OWN CURRICULA. WE HAVE APPROXIMATELY 60 JUNIOR WORLD AFFAIRS COUNCIL (JWAC) CLUBS ACTIVE IN LOCAL SCHOOLS (PUBLIC, PRIVATE AND CHARTER) AND OUR JWAC STUDENTS HEARD FROM NUMEROUS EXPERTS AND LEADERS DURING THE 2023-2024 SCHOOL YEAR. IN ADDITION TO SPEAKERS, WE HOST THE ACADEMIC COMPETITIONS, SEVERAL INTERNATIONAL CAREER DAYS, SIX STUDENT LEADERSHIP TRAININGS, SOCIALS, NINE TOPICAL DISCUSSIONS, SERVICE PROJECTS, DISCUSSION GROUPS AND AWARD PROGRAMS LIKE 20 UNDER 20 AND EDUCATOR OF THE YEAR. THE GYL PROGRAM IMPACTED OVER 6K STUDENTS DURING THIS FISCAL YEAR. 237377 280836 INTERNATIONAL VISITOR PROGRAM AND PROTOCOL & DIPLOMATIC SERVICESTHE COUNCIL'S INTERNATIONAL VISITOR PROGRAM COORDINATES THE U.S. DEPARTMENT OF STATE'S PREMIER PROFESSIONAL EXCHANGE PROGRAM, THE INTERNATIONAL VISITOR LEADERSHIP PROGRAM (IVLP), AS WELL AS VARIOUS FEE FOR SERVICE EXCHANGE PROGRAMS. WORKING WITH AN EXTENSIVE TEAM OF LOCAL VOLUNTEERS, BUSINESSES AND COMMUNITY LEADERS, THE PROGRAM PLAYS A KEY ROLE IN SUPPORTING PUBLIC DIPLOMACY BY FOSTERING INTERNATIONAL CONNECTIONS FOR THE REGION. IN COORDINATION WITH THE DEPARTMENT OF STATE, THE COUNCIL VIRTUALLY HOSTED INTERNATIONAL VISITOR GROUPS BY ARRANGING MEETINGS WITH U.S. PROFESSIONAL COUNTERPARTS TO SHARE AND EXCHANGE IDEAS IN THEIR RESPECTIVE FIELDS. DURING FY 2024, WE HOSTED 23 PROFESSIONAL INTERNATIONAL EXCHANGE GROUPS WITH 178 PARTICIPANTS REPRESENTING 74 DIFFERENT COUNTRIES. THESE GROUPS HAD AN ECONOMIC IMPACT (BASED ON HOTEL STAYS AND GROUND TRANSPORTATION) ON OUR REGION OF $261,000. 1563995 1 1 0 0 0 0 0 0 0 1 1 0 1 1 1 0 1 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 22 0 1 22 1 0 0 0 0 0 1 1 0 0 0 0 X 53 52 0 0 1 0 0 0 0 1 0 0 0 1 1 1 1 1 1 1 0 0 X X ZAC HARMON 2149658400 325 N ST PAUL STREET SUITE 4200 DALLAS TX 75201 AIMEE BURNETT DIRECTOR 1.00 X 0 0 0 ALISHIA SPRIGGINS DIRECTOR 1.00 X 0 0 0 ALLISON PAYNE DIRECTOR 1.00 X 0 0 0 ANDREA STRICKLAND DIRECTOR 1.00 X 0 0 0 ARIELLE TOBIN DIRECTOR 1.00 X 0 0 0 BETS LILLO DIRECTOR 1.00 X 0 0 0 BRIAN BOILLA DIRECTOR 1.00 X 0 0 0 BRIAN CLARK DIRECTOR 1.00 X 0 0 0 BRIAN JORGENSEN DIRECTOR 1.00 X 0 0 0 BRYAN KUCHOLTZ DIRECTOR 1.00 X 0 0 0 CRAIG TIRITILLI DIRECTOR 1.00 X 0 0 0 DAVID EMMONS DIRECTOR 1.00 X 0 0 0 DAVID M JACOBS DIRECTOR 1.00 X 0 0 0 DIANE MCNULTY PHD DIRECTOR 1.00 X 0 0 0 GARY A WOLENS DIRECTOR 1.00 X 0 0 0 JACK FAN DIRECTOR 1.00 X 0 0 0 JASON BALLARD DIRECTOR 1.00 X 0 0 0 JEFFREY ENGEL DIRECTOR 1.00 X 0 0 0 JENNIFER HUNT FRAZIER DIRECTOR 1.00 X 0 0 0 JENNIFER JOHNSON DIRECTOR 1.00 X 0 0 0 JOCELYN ANSLEY DIRECTOR 1.00 X 0 0 0 JOHN WISE DIRECTOR 1.00 X 0 0 0 KIRK TESKE DIRECTOR 1.00 X 0 0 0 KRISTI SHERRILL HOYL DIRECTOR 1.00 X 0 0 0 LINDSAY BILLINGSLEY DIRECTOR 1.00 X 0 0 0 MAISIE HEIKEN DIRECTOR 1.00 X 0 0 0 MANJUSHA SHANKARADAS DIRECTOR 1.00 X 0 0 0 MARJORIE A ADAMS DIRECTOR 1.00 X 0 0 0 MATTHEW BYRD DIRECTOR 1.00 X 0 0 0 MICHAEL DEE DIRECTOR 1.00 X 0 0 0 MICHELE WHEELER DIRECTOR 1.00 X 0 0 0 MIKE ANDERSON DIRECTOR 1.00 X 0 0 0 NICOLE GARCIA DIRECTOR 1.00 X 0 0 0 OLIVER CHANDHOK DIRECTOR 1.00 X 0 0 0 PAUL K STAFFORD DIRECTOR 1.00 X 0 0 0 PETER WAHBY DIRECTOR 1.00 X 0 0 0 RICHARD WELDAY DIRECTOR 1.00 X 0 0 0 ROBERT A WIRICK DIRECTOR 1.00 X 0 0 0 RYAN FISHER DIRECTOR 1.00 X 0 0 0 SANO BLOCKER DIRECTOR 1.00 X 0 0 0 SCOTT PAREL DIRECTOR 1.00 X 0 0 0 STEVE GARDNER PHD DIRECTOR 1.00 X 0 0 0 STEVEN SOPER DIRECTOR 1.00 X 0 0 0 SUSANNE SHALLEY DIRECTOR 1.00 X 0 0 0 SUZAN KEDRON DIRECTOR 1.00 X 0 0 0 THOMAS HASKINS DIRECTOR 1.00 X 0 0 0 WESTON LOEGERING DIRECTOR 1.00 X 0 0 0 BRENDAN MCGUIRE CHAIR 4.00 X 0 0 0 CHRIS HUGHES TREASURER 2.00 X 0 0 0 ELIZABETH BRAILSFORD PRESIDENT & CEO 40.00 X 264667 0 0 JOANNA RIDGWAY SECRETARY 2.00 X 0 0 0 LARRY B PASCAL VICE CHAIR 2.00 X 0 0 0 PETER LOH VICE CHAIR 2.00 X 0 0 0 ALANA BUENROSTRO VP OF DEVELOPMENT 40.00 X 116688 0 0 WILLIAM Z HARMON CFO 40.00 X 123218 0 0 504573 0 0 3 0 1 0 0 841815 818679 631796 28778 2292290 CONTRACTS, COMMISSIONS 611710 245432 245432 OTHER PROGRAM SERVICE FEES 611710 116317 116317 PUBLIC SPEAKING PROGRAM FEES 611710 81045 81045 442794 53265 53265 465273 459364 5909 5909 5909 41850 818679 350168 -308318 -308318 EMPLOYEE RETENTION CREDIT 900099 187093 187093 187093 2673033 635796 0 -255053 504572 319859 119246 65467 919363 582802 217275 119286 59713 37853 14112 7748 159394 101043 37670 20681 94465 59883 22325 12257 43072 43072 10170 10170 53099 43034 10065 12368 2900 9316 152 69222 22423 34874 11925 161720 93270 47646 20804 3059 451 2608 44310 23376 16320 4614 8856 4257 3795 804 PROGRAM AND TRAVEL PROG 230484 230484 DUES & SUBSCRIPTIONS 25608 14484 9309 1815 TELECOMMUNICATIONS 21117 14081 5552 1484 PRINTING AND COPYING 14747 12879 378 1490 10367 916 635 8816 2445706 1563995 594303 287408 660598 342382 106804 502884 334311 336377 7022 6991 59963 41533 820415 612283 148651 208132 1047832 1143304 2594856 2463012 4960037 5044615 146468 91534 124433 42123 2635218 2519968 2906119 2653625 X 819743 1147191 1234175 1243799 2053918 2390990 4960037 5044615 227327 109745 0 X X 0 1 X 1 0 X 2230506 1168169 1265662 1825727 2292290 8782354 2230506 1168169 1265662 1825727 2292290 8782354 130055 8652299 333727 418512 248169 383657 518538 1902603 187093 187093 10872050 3864153 0.79580 0.79460 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1046380 49 1046429 1046379 1 1046380 1046118 261 1046379 1026936 19182 1046118 922454 104482 1026936 0 0 297948 284616 13332 275764 261786 13978 246703 65881 180822 208132 TEXAS CAPITAL BANK: PORTFOLIO 1143304 F 1143304 RIGHT OF USE ASSET 2463012 2463012 LEASE LIABILITY 2519968 2519968 2925750 109745 153142 262887 2662863 10170 10170 2673033 2588678 153142 153142 2435536 10170 10170 2445706 PART V, LINE 4: A PERMANENT ENDOWMENT FUND IS A SIGNIFICANT FOUNDATION FOR STRENGTHENING OUR ABILITY TO BRING THE WORLD TO NORTH TEXAS STUDENTS AND EDUCATORS. OUR INTERNATIONAL EDUCATION PROGRAM REACHES ONTO CAMPUSES AND EXPANDS THE CLASSROOM WALLS, PROVIDING THE OPPORTUNITY FOR YOUNG PEOPLE AND THEIR TEACHERS TO SEE, HEAR AND MEET SOME OF THE WORLD'S MOST DISTINGUISHED, KNOWLEDGEABLE LEADERS, BUSINESS GIANTS, AUTHORS AND DIPLOMATS. MANY STUDENTS WHO ATTEND WORLD AFFAIRS COUNCIL EVENTS ARE TAKING THEIR FIRST STEPS INTO A WORLD OFF CAMPUS AND WE WORK TO MAKE THOSE STEPS STEADY WITH A FIRM AND ACCURATE INTRODUCTION TO THE CONCEPT OF GLOBAL/LOCAL RELATIONSHIPS. OUR ANNUAL REACH IS INTO THE CLASSROOMS OF THOUSANDS OF NORTH TEXAS STUDENTS AND TEACHERS, MORE THAN A MILLION (AND GROWING) SINCE ESTABLISHING THE GLOBAL YOUNG LEADERS PROGRAM, PREVIOUSLY KNOWN AS THE IEP, IN 2004. MALLON EVENT 776838 735813 41025 30396 165167 129996 IEY EVENT 83691 82866 825 3450 16063 5096 860529 818679 41850 33846 181230 135092 350168 -308318 X 1 1 X X X X X 0 0 0 0 0 0 0 0 0 ELIZABETH BRAILSFORD PRESIDENT & CEO 222667 0 30000 0 12000 0 0 0 0 0 264667 0 0 0 X 6 28778 SELLING PRICE 0 0 0 FORM 990, PART VI, SECTION A, LINE 4 THE ORGANIZATION UPDATED THEIR BYLAWS AS OF FEBRUARY 11, 2023. THE AMENDED AND RESTATED BYLAWS ARE AVAILABLE FROM THE ORGANIZATION UPON REQUEST. FORM 990, PART VI, SECTION A, LINE 8B GENERAL BOARD MEETINGS CONTEMPORANEOUSLY DOCUMENT THE MEETINGS HELD, BUT EACH COMMITTEE IS NOT REQUIRED TO CONTEMPORANEOUSLY DOCUMENT THEIR MEETINGS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED AND APPROVED BY THE FINANCE COMMITTEE AND THEN THE EXECUTIVE COMMITTEE PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD OF DIRECTORS MUST ANNUALLY CERTIFY THAT THERE ARE NO CONFLICTS AND THAT THE BOARD WILL BE NOTIFIED IF THERE ARE CHANGES IN STATUS. THE GOVERNANCE COMMITTEE REVIEWS AND DOCUMENTS ITS POLICIES WHEN CIRCUMSTANCES REQUIRE IT. FORM 990, PART VI, SECTION B, LINE 15A THE EXECUTIVE AND COMPENSATION COMMITTEES REVIEW THE CEO'S COMPENSATION ANNUALLY. COMPARISON AND EVALUATION OF HIS/HER SALARY ARE MADE WITH BOTH PEER ORGANIZATIONS IN NORTH TEXAS AS WELL AS WITH OTHER WORLD AFFAIRS COUNCILS IN THE UNITED STATES. THE CEO'S PERFORMANCE IS REVIEWED ANNUALLY AND MEASURED WITH WRITTEN OBJECTIVES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT-OF-INTEREST POLICY AND FORM 990 ARE AVAILABLE TO THE PUBLIC ON ITS WEBSITE, OTHERS' WEBSITES AND UPON REQUEST. FORM 990, PART XI, LINE 2C: THE AUDIT COMMITTEE SELECTS THE AUDITOR EACH YEAR. THERE IS AN INITIAL DISCUSSION WITH THE AUDITOR AND AUDIT WRAP-UP MEETING TO DISCUSS THE RESULTS.