Form 990 for tax year 2024
Filed by BOY SCOUTS OF AMERICA LONGHORN COUNCIL ENDOWMENT FOUNDATION INC.
Totals
- Total revenue
- $1,467,379
- Total expenses
- $3,359,788
- Contributions and grants received
- $13,450
- Grants paid
- $2,967,888
- Program service revenue
- $0
- Investment income
- $1,453,929
- Other revenue
- $0
- Total assets, end of year
- $47,048,072
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $47,048,072
- Program services expenses (Part IX)
- $2,967,888
- Management and general expenses
- $391,900
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $2,967,888
Program services were 88.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$13,450
-
2f · All other program service revenue
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
3 · Investment income
total $894,128 · excluded $894,128
-
6c · Rental income or loss
real property $0 · personal property $0
-
7a · Gross sales of assets other than inventory
securities $9,421,163
-
7b · Less cost or other basis and sales expenses
securities $8,861,362
-
7c · Gain or loss
securities $559,801 · other assets $0
-
7d · Net gain or loss
total $559,801 · excluded $559,801
-
11d · All other revenue
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $2,967,888 · program services $2,967,888
-
11a · Fees: management
total $38,197 · management and general $38,197
-
11b · Fees: legal
total $2,984 · management and general $2,984
-
11c · Fees: accounting
total $22,305 · management and general $22,305
-
11f · Fees: investment management
total $153,053 · management and general $153,053
-
11g · Fees: other
total $68,832 · program services $0 · management and general $68,832 · fundraising $0
-
23 · Insurance
total $22,410 · management and general $22,410
-
24a · Other expenses: Miscellaneous
total $84,119 · management and general $84,119
-
24e · All other expenses
total $0 · program services $0 · management and general $0 · fundraising $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $22,421 · end of year $48,975
-
2 · Savings and temporary cash investments
beginning of year $32,095 · end of year $3,294,890
-
4 · Accounts receivable
beginning of year $65,328 · end of year $56,405
-
5 · Loans and receivables from officers and key people
beginning of year $0 · end of year $0
-
6 · Loans and receivables from disqualified persons
beginning of year $0 · end of year $0
-
7 · Other notes and loans receivable
end of year $3,000,000
-
10a · Land, buildings and equipment: cost or other basis
$0
-
10b · Land, buildings and equipment: accumulated depreciation
$0
-
10c · Land, buildings and equipment, net
beginning of year $0 · end of year $0
-
11 · Investments: publicly traded securities
beginning of year $46,406,564 · end of year $40,647,802
-
12 · Investments: other securities
beginning of year $0
-
13 · Investments: program-related
beginning of year $0
-
15 · Other assets
beginning of year $0 · end of year $0
-
22 · Loans and payables to officers and key people
beginning of year $0 · end of year $0
-
25 · Other liabilities
beginning of year $2,908,931 · end of year $0
-
27 · Net assets without donor restrictions
beginning of year $43,096,245 · end of year $46,516,840
-
28 · Net assets with donor restrictions
beginning of year $521,232 · end of year $531,232
Mission and programs · 2024
Mission
The Boy Scouts of America Longhorn Council Endowment Foundation, Inc. ("Endowment Foundation") was formed to create and administer and endowment fund for the benefit of the Heart O' Texas Council, Boy Scouts of America, DBA Longhorn Council, Boy Scouts of America.
-
THE ENDOWMENT FOUNDATION'S PRIMARY ACTIVITIES ARE TO PROVIDE ASSISTANCE TO THE HEART O' TEXAS COUNCIL, BOY SCOUTS OF AMERICA, DBA LONGHORN COUNCIL, BOY SCOUTS OF AMERICA.
Expenses $2,967,888 · Grants $2,967,888
As filed on the 2024 return.
Listed in Part VII
-
Robert Holt Jr
President
- Total calculated
- $0
- Hours/week
- 1
-
Frosty Temple
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Gregory Bird
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Nancy Ribaudo
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
V Neils Agather
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Anna Hudak
CFO
- Total calculated
- $143,821
- From this org
- $0
- From related orgs
- $117,693
- Other
- $26,128
- Hours/week
- 3 + 40 related
-
Wendy Shaw
Manager
- Total calculated
- $255,762
- From this org
- $0
- From related orgs
- $206,937
- Other
- $48,825
- Hours/week
- 5 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $205,961 related
- Bonus
- $0
- Other
- $0 + $976 related
- Deferred
- $0 + $19,746 related
- Nontaxable benefits
- $0 + $29,079 related
- Filer's total
- $0 + $255,762 related
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
None.
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- Schedule J, Part II Compensation from related organizations
- THE FILING ORGANIZATION RELIED ON A RELATED ORGANIZATION TO ESTABLISH COMPENSATION FOR THE ORGANIZATION'S PRESIDENT & CEO. THE RELATED ORGANIZATION USES THE FOLLOWING METHODS TO DETERMINE THE COMPENSATION: COMPENSATION COMMITTEE, COMPENSATION SURVEY OR STUDY, AND APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE.
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
-
Boy Scouts of America Council - Longhorn
$1,752,518
General Support
-
General Support
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
Boy Scouts of America Council - Longhorn
501(c)(3) · Boy Scouting · TX
Directly controlled by NA
-
Boy Scouts of America Longhorn Council Properties Foundation
501(c)(3) · Support · TX
Directly controlled by BOY SCOUTS OF AMERICA COUNCIL - LONGHORN
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 17 November 2025
- IRS schema version
- 2024v5.1
- Source object
- 202513219349319971
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