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Nonprofiteer
← BUCKNER FOUNDATION

Form 990 for tax year 2024

Filed by BUCKNER FOUNDATION.

Totals

Total revenue
$56,108,398
Total expenses
$57,389,249
Contributions and grants received
$332,054
Grants paid
$57,225,615
Program service revenue
$0
Investment income
$32,902,325
Other revenue
$22,874,019
Total assets, end of year
$547,079,544
Total liabilities, end of year
$5,113,648
Net assets or fund balances, end of year
$541,965,896
Program services expenses (Part IX)
$57,225,615
Management and general expenses
$163,634
Fundraising expenses
$0
Program service expenses (Part III)
$57,225,615

Program services were 99.7% 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

    $332,054

  • 3 · Investment income

    total $29,421,411 · excluded $29,421,411

  • 5 · Royalties

    total $22,874,019 · excluded $22,874,019

  • 7a · Gross sales of assets other than inventory

    securities $65,501,602

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

    securities $62,020,688

  • 7c · Gain or loss

    securities $3,480,914

  • 7d · Net gain or loss

    total $3,480,914 · excluded $3,480,914

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $57,225,615 · program services $57,225,615

  • 11a · Fees: management

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

  • 11f · Fees: investment management

    total $58,280 · management and general $58,280

  • 24a · Other expenses: ADMINISTRATIVE

    total $30,354 · management and general $30,354

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,027,233 · end of year $512,226

  • 2 · Savings and temporary cash investments

    beginning of year $1,195,743 · end of year $825,646

  • 4 · Accounts receivable

    beginning of year $2,120,412 · end of year $2,011,486

  • 11 · Investments: publicly traded securities

    beginning of year $347,931,374 · end of year $248,861,893

  • 12 · Investments: other securities

    beginning of year $153,212,620 · end of year $280,068,296

  • 15 · Other assets

    beginning of year $5,200,000 · end of year $14,799,997

  • 25 · Other liabilities

    beginning of year $4,417,297 · end of year $5,113,648

  • 27 · Net assets without donor restrictions

    beginning of year $389,138,701 · end of year $407,609,155

  • 28 · Net assets with donor restrictions

    beginning of year $117,131,384 · end of year $134,356,741

Mission and programs · 2024

Mission

GRANTMAKING AND ASSET MANAGEMENT FOR THE SUPPORT AND BENEFIT OF THE 501(C)(3) MINISTRIES OF BUCKNER INTERNATIONAL.

Activities or mission (Part I)

TO STEWARD, DISTRIBUTE, GROW AND PRESERVE FINANCIAL RESOURCES FOR BUCKNER MINISTRIES AMONG VULNERABLE CHILDREN, FAMILIES AND SENIORS.

  • BUCKNER FOUNDATION, INC. (BF) DISTRIBUTED OVER $56 MILLION FROM MANAGED INVESTMENTS TO SUPPORT THE MINISTRIES OF TAX-EXEMPT RELATED ORGANIZATIONS.

    Expenses $57,225,615 · Grants $57,225,615

As filed on the 2024 return.

Listed in Part VII

  • Tim Lancaster

    BOARD TRUSTEE/CHAIR

    Total calculated
    $0
    Hours/week
    1 + 4 related

  • Lisa Eady

    BOARD TRUSTEE/VICE CHAIR

    Total calculated
    $0
    Hours/week
    1 + 5 related

  • Dr Debbie Potter

    BOARD TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 4 related

  • Dr Walid Saade

    BOARD TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 4 related

  • Paula Sullivan

    BOARD TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 4 related

  • James Westbrooks

    BOARD TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 4 related

  • Dr Albert Reyes

    PRESIDENT & CEO

    Total calculated
    $768,624
    From this org
    $0
    From related orgs
    $578,205
    Other
    $190,419
    Hours/week
    4 + 36 related

    Schedule J breakdown matched by us

    Base
    $0 + $465,603 related
    Bonus
    $0 + $77,589 related
    Other
    $0 + $35,013 related
    Deferred
    $0 + $111,977 related
    Nontaxable benefits
    $0 + $78,442 related
    Filer's total
    $0 + $768,624 related

  • Jeffrey Gentry

    SVP/CFO THRU 7/24; EVP/COO AT 8/24

    Total calculated
    $585,720
    From this org
    $0
    From related orgs
    $510,804
    Other
    $74,916
    Hours/week
    7 + 33 related

    Schedule J breakdown matched by us

    Base
    $0 + $457,160 related
    Bonus
    $0 + $51,000 related
    Other
    $0 + $2,644 related
    Deferred
    $0 + $71,600 related
    Nontaxable benefits
    $0 + $3,316 related
    Filer's total
    $0 + $585,720 related

  • Priscilla Reimer

    SR. VP & GENERAL COUNSEL & SECRETARY

    Total calculated
    $460,615
    From this org
    $0
    From related orgs
    $400,316
    Other
    $60,299
    Hours/week
    4 + 36 related

    Schedule J breakdown matched by us

    Base
    $0 + $345,633 related
    Bonus
    $0 + $43,763 related
    Other
    $0 + $10,920 related
    Deferred
    $0 + $57,500 related
    Nontaxable benefits
    $0 + $2,799 related
    Filer's total
    $0 + $460,615 related

  • Arnold Adkison

    SR. VP & CHIEF DEVELOPMENT OFFICER

    Total calculated
    $404,798
    From this org
    $0
    From related orgs
    $355,539
    Other
    $49,259
    Hours/week
    4 + 36 related

    Schedule J breakdown matched by us

    Base
    $0 + $315,448 related
    Bonus
    $0 + $36,750 related
    Other
    $0 + $3,341 related
    Deferred
    $0 + $46,579 related
    Nontaxable benefits
    $0 + $2,680 related
    Filer's total
    $0 + $404,798 related

  • Scott Collins

    SR. VP COMMUNICATIONS

    Total calculated
    $361,123
    From this org
    $0
    From related orgs
    $314,237
    Other
    $46,886
    Hours/week
    4 + 36 related

    Schedule J breakdown matched by us

    Base
    $0 + $272,679 related
    Bonus
    $0 + $33,000 related
    Other
    $0 + $8,558 related
    Deferred
    $0 + $44,400 related
    Nontaxable benefits
    $0 + $2,486 related
    Filer's total
    $0 + $361,123 related

  • Richard Munoz

    ASSISTANT SECRETARY

    Total calculated
    $290,921
    From this org
    $0
    From related orgs
    $269,150
    Other
    $21,771
    Hours/week
    4 + 36 related

    Schedule J breakdown matched by us

    Base
    $0 + $248,712 related
    Bonus
    $0 + $20,000 related
    Other
    $0 + $438 related
    Deferred
    $0 + $19,602 related
    Nontaxable benefits
    $0 + $2,169 related
    Filer's total
    $0 + $290,921 related

  • Kayla Coleman

    ASSISTANT SECRETARY

    Total calculated
    $259,088
    From this org
    $0
    From related orgs
    $229,884
    Other
    $29,204
    Hours/week
    4 + 36 related

    Schedule J breakdown matched by us

    Base
    $0 + $203,362 related
    Bonus
    $0 + $24,415 related
    Other
    $0 + $2,107 related
    Deferred
    $0 + $27,028 related
    Nontaxable benefits
    $0 + $2,176 related
    Filer's total
    $0 + $259,088 related

  • Christina Allert

    ASSISTANT SECRETARY

    Total calculated
    $175,128
    From this org
    $0
    From related orgs
    $165,554
    Other
    $9,574
    Hours/week
    4 + 36 related

    Schedule J breakdown matched by us

    Base
    $0 + $153,641 related
    Bonus
    $0 + $9,641 related
    Other
    $0 + $2,272 related
    Deferred
    $0 + $7,999 related
    Nontaxable benefits
    $0 + $1,575 related
    Filer's total
    $0 + $175,128 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

  • 4b · Supplemental nonqualified retirement plan

Answered no

  • 4a · Severance or change-of-control payment
  • 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)

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 $73,894 JEFFREY GENTRY $34,000 PRISCILLA REIMER $29,500 SCOTT COLLINS $22,000 ARNOLD ADKISON $21,059 RICHARD MUNOZ $10,173 KAYLA COLEMAN $10,000

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

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.

Provenance

Return type
form_990
Tax year
2024
Filed
5 November 2025
IRS schema version
2024v5.2
Source object
202503109349303640

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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