Rio Grande Children'S Home Foundation

“The form 990 is sent to the buckner international finance committee and the full board for review prior to filing the form.”

“Trustees, directors, and officers are required to submit a statement of disclosure upon appointment to the board and thereafter annually. The purpose of this statement is to provide a mechanism for the disclosure of any actual or potential conflict(s) of interest. Any actual or potential conflicts that arise betweeen annual statement submissions are required to be communicated as soon as possible in writing to the general counsel. The conflict of interest policy (coi) is explained at the time of issuance for signature. The coi policy defines disqualified persons and potential conflicts. Any conflicts that arise are reviewed by the board outside of the presence of the individual(s) involved.”

“Governing documents, conflict of interest policy, and financial statements are available for review by request. They may be reviewed at the corporate office in dallas or may be sent by mail.”

“Average hours and reportable compensation officer compensation reflects total compensation paid by buckner international (bi), the organization's parent company, and buckner children and family services, a related organization. Compensation does not reflect payment for services as officers. Average hours per week are an estimate of the hours spent in the capacity of officer for the organization and related organizations. Bi administrative expense, including compensation and benefits, is allocated to related organization based on a percentage calculation. Administrative expense allocated to the organization is reported on part ix.”

“Rgch foundation managed investments from which annuity payments were paid. The assets of rgch foundation were liquidated in 2024 and transferred to an endowment benefiting rio grande children's home. However, rgch foundation has not been dissolved and legally exists as an entity as of december 31, 2024.”

“Services-other: program service expenses 573. Management and general expenses 0. Fundraising expenses 0. Total expenses 573.”

“Transfer to related entity -297,895. Adjustment of liability for annuities payable 6,584.”