TY 2020 Form 990 Schedule O

Instrumentl eFile RenderObject ID: 202143139349304859 - Rendered 2024-04-29 TIN: 75-2267767

SCHEDULE O
(Form 990 or 990-EZ)

Department of the Treasury
Internal Revenue Service

Supplemental Information to Form 990 or 990-EZ

Complete to provide information for responses to specific questions on
Form 990 or 990-EZ or to provide any additional information.
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Attach to Form 990 or 990-EZ.
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Go to www.irs.gov/Form990 for the latest information.

OMB No. 1545-0047

2020

Open to Public
Inspection

Name of the organization

COMMUNITY FOUNDATION OF NORTH TEXAS INC

Employer identification number

75-2267767

Return Reference	Explanation
FORM 990, PART VI, SECTION B, LINE 11B	THE PUBLIC DISCLOSURE RETURN IS PRESENTED AND REVIEWED BY THE EXECUTIVE COMMITTEE PRIOR TO FILING THE RETURN. AFTER EXECUTIVE COMMITTEE REVIEW, EVERY BOARD MEMBER ALSO RECEIVES A COPY OF THE PUBLIC DISCLOSURE RETURN PRIOR TO FILING. PRESENTATION OF THE FILED TAX RETURN IS CONDUCTED AT THE NEXT SCHEDULED BOARD MEETING.
FORM 990, PART VI, SECTION B, LINE 12C	COMMUNITY FOUNDATION OF NORTH TEXAS REQUIRES ALL OFFICERS, DIRECTORS AND KEY EMPLOYEES TO ANNUALLY COMPLETE AND SIGN A QUESTIONAIRE REGARDING FORM 990 QUESTIONS ON INDEPENDENCE, FAMILY AND BUSINESS RELATIONSHIPS, GRANTS OR ASSISTANCE, AND BUSINESS TRANSACTIONS. THE QUESTIONAIRE STATES THE QUESTION, THEN REFERENCES THE 990 PAGE NUMBER, PART AND LINE NUMBER. THE QUESTIONAIRE ALSO CONTAINS PERTINENT INSTRUCTIONS AND DEFINITIONS FOR THE CORRESPONDING LINE ITEM.
FORM 990, PART VI, SECTION B, LINE 15	THE EXECUTIVE COMMITTEE OF THE BOARD REVIEWS THE FOUNDATION'S CEO PERFORMANCE AND MAKES RECOMMENDATIONS REGARDING SALARY AND BONUS COMPENSATION TO THE BOARD OF DIRECTORS WHO APPROVES THE FINAL COMPENSATION OF THE CEO. ALL OTHER EMPLOYEE COMPENSATION WAS DETERMINED BY THE CEO IN CONJUNCTION WITH A JOB PERFORMANCE EVALUATION, AND WAS DOCUMENTED CONTEMPORANEOUSLY WITH THE EMPLOYEE'S FORMAL REVIEW.
FORM 990, PART VI, SECTION C, LINE 19	COMMUNITY FOUNDATION OF NORTH TEXAS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE FOR PUBLIC INSPECTION AT ITS OFFICES. SUMMARIZED FINANCIAL STATEMENTS ARE PUBLISHED IN THE ORGANIZATION'S ANNUAL REPORT, WHICH MAY BE VIEWED ON THE FOUNDATION'S WEBSITE. AUDITED FINANCIAL STATEMENTS MAY ALSO BE VIEWED ON THE FOUNDATION'S WEBSITE.
FORM 990, PART XI, LINE 9:	BOOK/TAX DIFFERENCES - PASSTHROUGH ENTITES -385,205. AGENCY FUND ACTIVITY FUND RECLASSIFICATION
FORM 990, PART XI, LINE 2C:	THE AUDIT COMMITTEE OF CFNT IS CHARGED WITH OVERSEEING THE AUDIT, REVIEWING THE AUDIT FINDINGS WITH THE AUDITORS, AND PRESENTING AUDIT RESULTS TO THE FULL BOARD FOR ITS APPROVAL BEFORE THE ANNUAL REPORT IS MADE PUBLIC. EVERY VOTING BOARD MEMBER RECEIVES COPIES OF CFNT'S MONTHLY FINANCIAL STATEMENTS. THE BOARD FORMALLY REVIEWS AND APPROVES THE MOST CURRENT FINANCIAL STATEMENTS AT EACH BOARD MEETING.

Return Reference

Explanation

FORM 990, PART VI, SECTION B, LINE 11B

THE PUBLIC DISCLOSURE RETURN IS PRESENTED AND REVIEWED BY THE EXECUTIVE COMMITTEE PRIOR TO FILING THE RETURN. AFTER EXECUTIVE COMMITTEE REVIEW, EVERY BOARD MEMBER ALSO RECEIVES A COPY OF THE PUBLIC DISCLOSURE RETURN PRIOR TO FILING. PRESENTATION OF THE FILED TAX RETURN IS CONDUCTED AT THE NEXT SCHEDULED BOARD MEETING.

FORM 990, PART VI, SECTION B, LINE 12C

COMMUNITY FOUNDATION OF NORTH TEXAS REQUIRES ALL OFFICERS, DIRECTORS AND KEY EMPLOYEES TO ANNUALLY COMPLETE AND SIGN A QUESTIONAIRE REGARDING FORM 990 QUESTIONS ON INDEPENDENCE, FAMILY AND BUSINESS RELATIONSHIPS, GRANTS OR ASSISTANCE, AND BUSINESS TRANSACTIONS. THE QUESTIONAIRE STATES THE QUESTION, THEN REFERENCES THE 990 PAGE NUMBER, PART AND LINE NUMBER. THE QUESTIONAIRE ALSO CONTAINS PERTINENT INSTRUCTIONS AND DEFINITIONS FOR THE CORRESPONDING LINE ITEM.

FORM 990, PART VI, SECTION B, LINE 15

THE EXECUTIVE COMMITTEE OF THE BOARD REVIEWS THE FOUNDATION'S CEO PERFORMANCE AND MAKES RECOMMENDATIONS REGARDING SALARY AND BONUS COMPENSATION TO THE BOARD OF DIRECTORS WHO APPROVES THE FINAL COMPENSATION OF THE CEO. ALL OTHER EMPLOYEE COMPENSATION WAS DETERMINED BY THE CEO IN CONJUNCTION WITH A JOB PERFORMANCE EVALUATION, AND WAS DOCUMENTED CONTEMPORANEOUSLY WITH THE EMPLOYEE'S FORMAL REVIEW.

FORM 990, PART VI, SECTION C, LINE 19

COMMUNITY FOUNDATION OF NORTH TEXAS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE FOR PUBLIC INSPECTION AT ITS OFFICES. SUMMARIZED FINANCIAL STATEMENTS ARE PUBLISHED IN THE ORGANIZATION'S ANNUAL REPORT, WHICH MAY BE VIEWED ON THE FOUNDATION'S WEBSITE. AUDITED FINANCIAL STATEMENTS MAY ALSO BE VIEWED ON THE FOUNDATION'S WEBSITE.

FORM 990, PART XI, LINE 9:

BOOK/TAX DIFFERENCES - PASSTHROUGH ENTITES -385,205. AGENCY FUND ACTIVITY FUND RECLASSIFICATION

FORM 990, PART XI, LINE 2C:

THE AUDIT COMMITTEE OF CFNT IS CHARGED WITH OVERSEEING THE AUDIT, REVIEWING THE AUDIT FINDINGS WITH THE AUDITORS, AND PRESENTING AUDIT RESULTS TO THE FULL BOARD FOR ITS APPROVAL BEFORE THE ANNUAL REPORT IS MADE PUBLIC. EVERY VOTING BOARD MEMBER RECEIVES COPIES OF CFNT'S MONTHLY FINANCIAL STATEMENTS. THE BOARD FORMALLY REVIEWS AND APPROVES THE MOST CURRENT FINANCIAL STATEMENTS AT EACH BOARD MEETING.

For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.

Cat. No. 51056K

Schedule O (Form 990 or 990-EZ) 2020

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