Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1f · All other contributions, gifts and grants

  $2,542,504

• 3 · Investment income

  total $21,420,452 · unrelated business $14,288 · excluded $21,406,164

• 5 · Royalties

  total $22,389,136 · excluded $22,389,136

• 7a · Gross sales of assets other than inventory

  securities $47,734,494

• 7b · Less cost or other basis and sales expenses

  securities $45,573,902

• 7c · Gain or loss

  securities $2,160,592

• 7d · Net gain or loss

  total $2,160,592 · excluded $2,160,592

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $44,233,190 · program services $44,233,190

• 11a · Fees: management

  total $75,000 · management and general $75,000

• 11f · Fees: investment management

  total $42,160 · management and general $42,160

• 24a · Other expenses: ADMINISTRATIVE

  total $37,949 · management and general $37,949

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $1,311,024 · end of year $1,027,233

• 2 · Savings and temporary cash investments

  beginning of year $523,614 · end of year $1,195,743

• 4 · Accounts receivable

  beginning of year $2,786,757 · end of year $2,120,412

• 11 · Investments: publicly traded securities

  beginning of year $231,413,761 · end of year $347,931,374

• 12 · Investments: other securities

  beginning of year $248,929,912 · end of year $153,212,620

• 15 · Other assets

  beginning of year $1,118,309 · end of year $5,200,000

• 25 · Other liabilities

  beginning of year $4,347,818 · end of year $4,417,297

• 27 · Net assets without donor restrictions

  beginning of year $361,627,380 · end of year $389,138,701

• 28 · Net assets with donor restrictions

  beginning of year $120,108,179 · end of year $117,131,384

The filer's explanations (Part III)

PART I, LINE 3

THE PRESIDENT/CEO OF BF IS EMPLOYED BY BUCKNER INTERNATIONAL, A RELATED 501(C)(3) ORGANIZATION. BUCKNER INTERNATIONAL USES THE FOLLOWING METHODS TO ESTABLISH COMPENSATION FOR THE PRESIDENT/CEO: - COMPENSATION COMMITTEE - INDEPENDENT COMPENSATION CONSULTANT - COMPENSATION SURVEY OR STUDY - FORM 990 OF OTHER ORGANIZATIONS - APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES OF BUCKNER INTERNATIONAL IS RESPONSIBLE FOR EVALUATING THE PERFORMANCE OF AND SETTING THE COMPENSATION FOR THE PRESIDENT/CEO ON AN ANNUAL BASIS. THE EVALUATION IS BASED ON PERFORMANCE CRITERIA AND AGREED UPON GOALS AND INCLUDES A WRITTEN SELF-EVALUATION BY THE PRESIDENT/CEO, AS WELL AS INVITED COMMENTS FROM BOARD MEMBERS WHO REVIEW THE SELF-EVALUATION. THE EXECUTIVE COMMITTEE REPORTS ON ITS REVIEW TO THE BOARD, INCLUDING RECOMMENDATIONS REGARDING THE PRESIDENT/CEO'S COMPENSATION, WHICH THE BOARD THEN ACTS UPON. DURING THIS PROCESS, AGREED UPON PERFORMANCE GOALS ARE SET FOR THE NEXT YEAR AND ARE FORMALLY DOCUMENTED. AT LEAST EVERY THREE YEARS, A TASK FORCE MAY BE FORMED TO CONDUCT A CAREFULLY PLANNED COMPREHENSIVE REVIEW, WHICH MAY INCLUDE INVITING FEEDBACK FROM STAFF, PEERS IN BUCKNER INTERNATIONAL'S SECTOR, AND INDIVIDUALS OUTSIDE THE ORGANIZATION WHO HAVE INTERACTED WITH THE PRESIDENT/CEO.

PART I, LINE 4B

THE 457(F) PLAN IS A DEFERRED COMPENSATION PLAN THAT ALLOWS BUCKNER TO CONTRIBUTE MONEY ON A PRETAX BASIS INTO INVESTMENTS THAT PROVIDE KEY EXECUTIVES WITH A RETIREMENT BENEFIT. ALL CONTRIBUTIONS REMAIN AN ASSET OF THE ORGANIZATION UNTIL DISTRIBUTED. DR. ALBERT REYES $63,923 JEFFREY GENTRY $27,042 PRISCILLA REIMER $25,499 ARNOLD ADKISON $21,059 SCOTT COLLINS $19,744 RICHARD MUNOZ $9,815 JANICE COTHRAN $9,373 KAYLA COLEMAN $2,500