Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0052
2018
Open to Public Inspection
For calendar year 2018, or tax year beginning 01-01-2018 , and ending 12-31-2018
Name of foundation
PARKS FOR DOWNTOWN DALLAS
 
Number and street (or P.O. box number if mail is not delivered to street address)901 MAIN STREET SUITE 609
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
DALLAS, TX75202
A Employer identification number

75-2564365
B Telephone number (see instructions)

(214) 977-8267
C bullet
G Check all that apply:

D 1. Foreign organizations, check here............. bullet
2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet
E bullet
H Check type of organization:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$38,796,628J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 2,893,831
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 650,492 650,492 650,492
5a Gross rents............ 272,000 272,000 272,000
b Net rental income or (loss) 126,323
6a Net gain or (loss) from sale of assets not on line 10 2,196,839
b Gross sales price for all assets on line 6a 23,799,268
7 Capital gain net income (from Part IV, line 2)... 2,196,839
8 Net short-term capital gain......... 1,993,431
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 156,252 156,252 156,252
12 Total. Add lines 1 through 11........ 6,169,414 3,275,583 3,072,175
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 207,858 72,750 72,750 135,107
14 Other employee salaries and wages...... 106,902 37,416 37,416 69,486
15 Pension plans, employee benefits....... 52,941 18,529 18,529 34,412
16a Legal fees (attach schedule)......... Click to see attachment 30,442 23,902 23,902 6,540
b Accounting fees (attach schedule)....... Click to see attachment 77,646 38,823 38,823 38,823
c Other professional fees (attach schedule).... Click to see attachment 295,454 148,085 148,085 147,369
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 246,474 167,741 167,741 25,733
19 Depreciation (attach schedule) and depletion... Click to see attachment 6,930 0 6,930
20 Occupancy.............. 54,571 10,914 10,914 43,657
21 Travel, conferences, and meetings....... 41,161 8,232 8,232 32,929
22 Printing and publications.......... 6,962 1,392 1,392 5,570
23 Other expenses (attach schedule)....... Click to see attachment 5,609,963 38,730 38,730 5,570,126
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 6,737,304 566,514 573,444 6,109,752
25 Contributions, gifts, grants paid....... 0 0
26 Total expenses and disbursements. Add lines 24 and 25 6,737,304 566,514 573,444 6,109,752
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -567,890
b Net investment income (if negative, enter -0-) 2,709,069
c Adjusted net income (if negative, enter -0-)... 2,498,731
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2018)
Form 990-PF (2018)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 2,930,358 4,237,682 4,237,682
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 6,961,723 Click to see attachment8,634,737 10,499,573
c Investments—corporate bonds (attach schedule)....... 5,337,586 Click to see attachment9,032,982 6,210,902
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 4,792,018 Click to see attachment4,150,280 6,679,567
14 Land, buildings, and equipment: basis bullet113,784
Less: accumulated depreciation (attach schedule) bullet96,978 21,672 Click to see attachment16,806 16,806
15 Other assets (describe bullet) Click to see attachment17,749,118 Click to see attachment11,152,098 Click to see attachment11,152,098
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 37,792,475 37,224,585 38,796,628
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow SFAS 117, check here bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted..................    
25 Temporarily restricted...............    
26 Permanently restricted...............    
Foundations that do not follow SFAS 117, check here bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds........ 0 0
28 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
29 Retained earnings, accumulated income, endowment, or other funds 37,792,475 37,224,585
30 Total net assets or fund balances (see instructions)..... 37,792,475 37,224,585
31 Total liabilities and net assets/fund balances (see instructions). 37,792,475 37,224,585
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 30 (must agree with end-of-year figure reported on prior year’s return) ...............
1
37,792,475
2
Enter amount from Part I, line 27a .....................
2
-567,890
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
37,224,585
5
Decreases not included in line 2 (itemize) bullet
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
37,224,585
Form 990-PF (2018)
Form 990-PF (2018)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a ARTISAN:DYNAMIC EQUITY (NON-US EQUITY) SHORT-TERM CAPITAL GAIN P 2018-01-01 2018-12-31
b ARTISAN:DYNAMIC EQUITY (NON-US EQUITY) LONG-TERM CAPITAL GAIN P 2010-01-01 2018-12-31
c SANDLER CAPITAL PARTNERS V FTE, L.P. LONG-TERM CAPITAL LOSS P 2000-06-15 2018-12-31
d PUBLICLY TRADED SECURITIES P    
e SALE OF 607 CORBIN STREET, DALLAS TX 75202 P 2017-09-22 2018-07-30
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a       17,777
b       215,239
c       -11,831
d 15,199,268   13,129,383 2,069,885
e 8,600,000   8,694,231 -94,231
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       17,777
b       215,239
c       -11,831
d       2,069,885
e       -94,231
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 2,196,839
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3 1,993,431
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)

If section 4940(d)(2) applies, leave this part blank.
Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period?
If "Yes," the foundation does not qualify under section 4940(e). Do not complete this part.
1 Enter the appropriate amount in each column for each year; see instructions before making any entries.
(a)
Base period years Calendar
year (or tax year beginning in) 		(b)
Adjusted qualifying distributions 		(c)
Net value of noncharitable-use assets 		(d)
Distribution ratio
(col. (b) divided by col. (c))
2017 12,066,016 27,864,547 0.433024
2016 3,234,048 29,818,125 0.108459
2015 5,357,062 32,666,557 0.163992
2014 6,423,828 38,139,038 0.168432
2013 2,168,518 39,209,742 0.055306
2
Total of line 1, column (d) .....................
2
0.929213
3
Average distribution ratio for the 5-year base period—divide the total on line 2 by 5.0, or by the number of years the foundation has been in existence if less than 5 years ......
3
0.185843
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
22,943,125
5
Multiply line 4 by line 3......................
5
4,263,819
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
27,091
7
Add lines 5 and 6........................
7
4,290,910
8
Enter qualifying distributions from Part XII, line 4,.............
8
8,120,443
If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rate. See the Part VI instructions.
Form 990-PF (2018)
Form 990-PF (2018)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here Bullet and enter “N/A" on line 1. Bracket includes lines 1a and 1b
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b Domestic foundations that meet the section 4940(e) requirements in Part V, check 1 27,091
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 27,091
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 27,091
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a 52,311
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 52,311
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 25,220
11 Enter the amount of line 10 to be: Credited to 2019 estimated taxBullet25,220 RefundedBullet 11 0
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? (see Instructions
for definition).................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changesClick to see attachment....
3
Yes
 
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletTX
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2018 or the taxable year beginning in 2018? See the instructions for Part XIV.
    If "Yes," complete Part XIV .............................
    9
    Yes
     
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletAMY MEADOWS Telephone no.bullet (214) 977-8267

    Located atbullet901 MAIN STREET SUITE 609DALLASTX ZIP+4bullet75202
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2018, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet  
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
     
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2018?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2018, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2018?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2018 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2018.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2018?
    4b
     
    No
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    AMY M MEADOWS PRESIDENT & ASSISTANT SECRETARY
    40.00     		207,858 27,791 0
    901 MAIN STREET SUITE 609
    DALLAS,TX75202
    GUY H KERR SECRETARY & TRUSEE
    10.00     		0 0 0
    901 MAIN STREET SUITE 609
    DALLAS,TX75202
    ROBERT W DECHERD CHAIRMAN & TRUSTEE
    20.00     		0 0 0
    901 MAIN STREET SUITE 609
    DALLAS,TX75202
    DUNIA A SHIVE TRUSTEE
    0.50     		0 0 0
    901 MAIN STREET SUITE 609
    DALLAS,TX75202
    MARIAN SPITZBERG TRUSTEE
    0.50     		0 0 0
    901 MAIN STREET SUITE 609
    DALLAS,TX75202
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    JAN TALLICHET OFFICE MANAGER/EXECU
    40.00     		63,632 20,566 0
    901 MAIN STREET SUITE 609
    DALLAS,TX75202
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    HCBECK LTD PARK CONSTRUCTION 3,692,430
    1807 ROSS AVENUE SUITE 500
    DALLAS,TX75201
    SWA LANDSCAPE ARCHITECTS 431,139
    2001 IRVING BLVD SUITE 157
    DALLAS,TX75207
    JAMES CORNER FIELD OPERATIONS LLC LANDSCAPE ARCHITECTS 268,600
    475 TENTH AVENUE 9TH FLOOR
    NEW YORK,NY10018
    HARGREAVES JONES LANDSCAPE ARCHITECTS 177,922
    180 VARICK STREET SUITE 204
    NEW YORK,NY10014
    GOLDMANS SACHS AND CO INVESTMENT MANAGEMENT 97,243
    100 CRESTCENT COURT SUITE 1000
    DALLAS,TX75201
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1 PACIFIC PLAZA, LLC ON BEHALF OF PACIFIC PLAZA:IN JULY OF 2016 PACIFIC PLAZA LLC, SOLELY OWNED BY PARKS FOR DOWNTOWN DALLAS, ENTERED INTO A CONTRACT WITH THE CITY OF DALLAS PARK AND RECREATION DEPARTMENT TO FUND SCHEMATIC DESIGN, OF PACIFIC PLAZA. IN APRIL 2017, A DESIGN AND CONSTRUCTION CONTRACT WAS APPROVED AND SIGNED WITH THE CITY OF DALLAS. THE PARK IS ONE OF THE FOUR PRIORITY PARKS IDENTIFIED IN THE DOWNTOWN PARKS MASTER PLAN UPDATE APPROVED BY THE CITY COUNCIL AND PARK BOARD IN 2013. THE PARK WILL COVER 3.4 ACRES OF LAND OWNED BY THE CITY OF DALLAS. CONSTRUCTION COMMENCED IN SPRING OF 2018 AND WAS COMPLETED IN OCTOBER 2019. TOTAL EXPENSES INCURRED FOR PACIFIC PLAZA IN 2018 WERE $4,603,769. 4,603,769
    2 HARWOOD PARK, LLC ON BEHALF OF HARWOOD PARK:CONTINUING ITS FOCUS ON HELPING DEVELOP URBAN PARKS AND GREEN SPACE IN DOWNTOWN DALLAS, PARKS FOR DOWNTOWN DALLAS IS ACTIVELY ASSISTING THE CITY OF DALLAS PARK AND RECREATION DEPARTMENT WITH PARK DEVELOPMENT ACTIVITIES FOR THE FUTURE 3.8-ACRE HARWOOD PARK, ANOTHER OF THE FOUR PRIORITY PARKS IDENTIFIED IN THE 2013 PARKS MASTER PLAN UPDATE. HARWOOD PARK LLC PURCHASED LAND FOR THIS PARK SITE IN 2014, 2015, 2017 AND 2018. TOTAL EXPENSES FOR HARWOOD PARK IN 2018 FOR DESIGN, REAL ESTATE SERVICES AND ACQUISITION OF PARK LAND WERE $2,159,299. 2,159,299
    3 WEST END PLAZA PARK, LLC ON BEHALF OF WEST END SQUARE:WEST END SQUARE WILL BE THE SECOND OF THE FOUR PRIORITY DOWNTOWN PARKS IDENTIFIED IN THE DOWNTOWN PARKS MASTER PLAN TO BE COMPLETED. THIS .8-ACRE SITE FOR A FUTURE CITY PARK BEGAN PLANNING AND DESIGN WORK IN 2018 AND CONSTRUCTION WILL BEGIN IN EARLY 2020. COSTS INCURRED FOR THE DESIGN PHASE IN 2018 WERE $270,431. 270,431
    4 BELO GARDEN:PARKS FOR DOWNTOWN DALLAS HAS PLAYED A SIGNIFICANT ROLE IN BUILDING AND MAINTAINING CITY PARKS IN DOWNTOWN DALLAS. PARKS FOR DOWNTOWN DALLAS, IN PARTNERSHIP WITH THE CITY OF DALLAS PARK AND RECREATION DEPARTMENT, BELO CORP., MAUREEN H. AND ROBERT W. DECHERD, DESIGNED AND MANAGED THE CONSTRUCTION OF BELO GARDEN, WHICH OPENED TO THE PUBLIC IN MAY 2012 AND WAS THE SECOND PARK IN THE 2004 DOWNTOWN PARKS MASTER PLAN TO BE COMPLETED. IN 2018, PARKS FOR DOWNTOWN DALLAS RENEWED AN AGREEMENT WITH THE CITY OF DALLAS PARK AND RECREATION DEPARTMENT TO PAY FOR CERTAIN ASPECTS OF THE MAINTENANCE OF BELO GARDEN. IN 2018, PARKS FOR DOWNTOWN DALLAS PAID $264,307 FOR MAINTENANCE EXPENSES AT BELO GARDEN. 264,307
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1 NONE 0
    2 NONE 0
    All other program-related investments. See instructions.
    3 Click to see attachment 0
    Total. Add lines 1 through 3.........................bullet0
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    20,571,215
    b
    Average of monthly cash balances.......................
    1b
    2,721,298
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    23,292,513
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    23,292,513
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    349,388
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    22,943,125
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    1,147,156
    Part XI
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
     
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
     
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
     
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
     
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
     
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
     
    Part XII
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
    6,109,752
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
    2,010,691
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    8,120,443
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b. See instructions.................
    5
    27,091
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    8,093,352
    Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
    the section 4940(e) reduction of tax in those years.
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2017     		(c)
    2017     		(d)
    2018
    1 Distributable amount for 2018 from Part XI, line 7 0
    2 Undistributed income, if any, as of the end of 2018:
    a Enter amount for 2017 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2018:
    a From 2013...... 243,901
    b From 2014...... 4,553,266
    c From 2015......  
    d From 2016......  
    e From 2017......  
    fTotal of lines 3a through e........ 4,797,167
    4Qualifying distributions for 2018 from Part
    XII, line 4: bullet$  
    a Applied to 2017, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		0
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2018 distributable amount..... 0
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2018. 0 0
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 4,797,167
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2017. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2018. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2019 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8 Excess distributions carryover from 2013 not
    applied on line 5 or line 7 (see instructions) ...     		243,901
    9Excess distributions carryover to 2019.
    Subtract lines 7 and 8 from line 6a ......     		4,553,266
    10 Analysis of line 9:
    a Excess from 2014.... 4,553,266
    b Excess from 2015....  
    c Excess from 2016....  
    d Excess from 2017....  
    e Excess from 2018....  
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2018, enter the date of the ruling....... bullet
    2015-09-29
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2018 (b) 2017 (c) 2016 (d) 2015
    1,147,156 603,738 222,125 667,870 2,640,889
    b 85% of line 2a ......... 975,083 513,177 188,806 567,690 2,244,756
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		8,120,443 12,090,908 3,237,919 5,375,376 28,824,646
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		578,294 1,416,224 1,717,594 1,045,076 4,757,188
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		7,542,149 10,674,684 1,520,325 4,330,300 24,067,458
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......         0
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		         0
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		764,771 928,818 993,937 1,088,885 3,776,411
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		        0
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		        0
    (3) Largest amount of support
    from an exempt organization    		         0
    (4) Gross investment income         0
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    AMY MEADOWS PRESIDENT PARKS FOR DOW
    901 MAIN STREET SUITE 609
    DALLAS,TX75202
    (214) 977-8267
    bThe form in which applications should be submitted and information and materials they should include:
    INFORMATION AVAILABLE UPON REQUEST
    cAny submission deadlines:
    NONE
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    THE FOUNDATION FOCUSES ALL OF ITS RESOURCES ON BUILDING AND MAINTAINING PARKS IN DOWNTOWN DALLAS.
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    Total .................................bullet 3a 0
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		         
    4 Dividends and interest from securities....     14 650,492  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....     16 126,323  
    6 Net rental income or (loss) from personal property          
    7 Other investment income.....     14 156,252  
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 2,196,839  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 0 3,129,906 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    3,129,906
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.

    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below
    (see instr.)?
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's name SmallBullet
    		 Firm's EIN SmallBullet
    Firm's address SmallBullet


    		 Phone no.
    Form 990-PF (2018)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description
    Schedule B
    (Form 990, 990-EZ,
    or 990-PF)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors

    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
    OMB No. 1545-0047
    2018
    Name of the organization
    PARKS FOR DOWNTOWN DALLAS
     
    Employer identification number

    75-2564365
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ






    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note. Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......... Arrow Bullet $  
    Caution. An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its
    Form 990-EZ or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018) Page 2
    Name of organization
    PARKS FOR DOWNTOWN DALLAS
          		Employer identification number
    75-2564365
    Part I
    Contributors (See instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    1
    NEWTON WALKER  
    3963 MAPLE AVENUE SUITE 390
     
    DALLAS, TX75219

    		$ 200,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    2
    ROBERT LADD  
    3963 MAPLE AVENUE SUITE 390
     
    DALLAS, TX75219

    		$ 200,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    3
    THE DALLAS FOUNDATION
     
    3963 MAPLE AVENUE SUITE 390
     
    DALLAS, TX75219

    		$ 200,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    4
    THE HUDSON FOUNDATION
     
    PO BOX 2110
     
    KELLER, TX76244

    		$ 25,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    5
    KIMBERLY CLARK FOUNDATION
     
    351 PHELPS DRIVE
     
    IRVING, TX75038

    		$ 200,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    6
    HOBLITZELLE FOUNDATION
     
    5556 CARUTH HAVEN SUITE 200
     
    DALLAS, TX75225

    		$ 225,000


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Name of organization
    PARKS FOR DOWNTOWN DALLAS
          		Employer identification number
    75-2564365
    Part I
    Contributors (See instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    7
    THE DECHERD FOUNDATION
     
    901 MAIN STREET SUITE 609
     
    DALLAS, TX75202

    		$ 10,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    8
    SOLOMON FUND AT DALLAS FOUNDATION
     
    3963 MAPLE AVENUE SUITE 390
     
    DALLAS, TX75219

    		$ 25,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    9
    TRINBROOK FUND AT COMMUNITIES FOUNDATION OF TEXAS
     
    2501 N HARWOOD STREET SUITE 2400
     
    DALLAS, TX75201

    		$ 25,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    10
    LYDA HILL FOUNDATION
     
    2001 ROSS AVENUE SUITE 4600
     
    DALLAS, TX75201

    		$ 28,010


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    11
    THE DECHERD FOUNDATION
     
    901 MAIN STREET SUITE 609
     
    DALLAS, TX75202

    		$ 1,283,632


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    12
    LYDA HILL FOUNDATION
     
    2001 ROSS AVENUE SUITE 4600
     
    DALLAS, TX75201

    		$ 471,990


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Page 3
    Name of organization
    PARKS FOR DOWNTOWN DALLAS
          		Employer identification number

    75-2564365
    Part II
    Noncash Property (See instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    11
    		 GIFT OF EXCESS BASIS OF LAND FROM PROPERTIES: 300/308 S. HARWOOD STREET AND 2008 JACKSON STREET. $ 1,283,632 2018-03-01
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    12
    		 4,169 SHS OF FLOWSERVE CORPORATION & 6,665 SHS OF TRINITY INDUSTRIES INC $ 471,990 2018-09-26
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Page 4
    Name of organization
    PARKS FOR DOWNTOWN DALLAS
          		Employer identification number

    75-2564365
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)

    Additional Data


    Software ID:  
    Software Version:  

    TY 2018 AccountingFeesSchedule
    Name:
    PARKS FOR DOWNTOWN DALLAS
    EIN:
    75-2564365
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PROFESSIONAL FEES - ACCOUNTING 77,646 38,823 38,823 38,823

    TY 2018 AllOthProgRltdInvestmentsSch
    Name:
    PARKS FOR DOWNTOWN DALLAS
    EIN:
    75-2564365
    Category Amount
    NONE 0

    Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

    TY 2018 DepreciationSchedule
    Name:
    PARKS FOR DOWNTOWN DALLAS
    EIN:
    75-2564365
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)    		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
    FIREPROOF FILE 2004-01-29 2,262 2,262 200DB 7.000000000000 0 0 0  
    OFFICE EQUIPMENT 2011-01-01 1,918 1,918 200DB 7.000000000000 0 0 0  
    BOA OFFICE LEASEHOLD IMPROVEMENT 2014-02-01 20,428 3,140 150DB 15.000000000000 707 0 1,362  
    BOA OFFICE FURNITURE 2014-02-01 73,624 25,313 200DB 7.000000000000 3,285 0 10,518  
    BOA OFFICE EQUIPMENT 2014-02-01 8,621 2,964 200DB 7.000000000000 385 0 1,232  
    BOA OFFICE FURNITURE (SHELF, TABLE AND CHAIRS) 2015-06-01 1,583 445 200DB 7.000000000000 99 0 226  
    BOA OFFICE LEASEHOLD IMPROVEMENT (SIGNATURE) 2016-03-01 148 11 150DB 15.000000000000 6 0 10  
    OFFICE EQUIPMENT (LAPTOP, DESK COMPUTER AND SOFTWARE) 2017-01-23 3,136 224 200DB 7.000000000000 384 0 448  
    OFFICE EQUIPMENT (COMPUTER) 2018-05-22 2,064   200DB 7.000000000000 2,064 0 172  

    TY 2018 InvestmentsCorpBondsSchedule
    Name:
    PARKS FOR DOWNTOWN DALLAS
    EIN:
    75-2564365
    Name of Bond End of Year Book Value End of Year Fair Market Value
    GOLDMAN SACHS CORPORATE FIXED INCOME 6,799,250 4,365,003
    GOLDMAN SACHS EQ AND FI 726,864 905,718
    GOLDMAN SACHS OPERATING ENDOWMENT FUND 2 (PACIFIC PLAZA LLC) 314,368 302,828
    GOLDMAN SACHS OPERATING ENDOWMENT EQ AND FI (BELO GARDEN) 460,000 204,936
    GOLDMAN SACHS PERMANENT ENDOWMENT EQ AND FI (BELO GARDEN) 582,500 282,417
    GOLDMAN SACHS MAINTENANCE ENDOWMENT OVERVIEW (MAINTENANCE) 150,000 150,000

    TY 2018 InvestmentsCorpStockSchedule
    Name:
    PARKS FOR DOWNTOWN DALLAS
    EIN:
    75-2564365
    Name of Stock End of Year Book Value End of Year Fair Market Value
    GOLDMAN SACHS GANNETT WELSH & KOTLER 433,870 985,159
    GOLDMAN SACHS WCM NON-US EQ 574,948 1,390,862
    GOLDMAN SACHS HARRIS DYNAMIC EQ 1,270,409 1,136,813
    GOLDMAN SACHS GSAM TAX ADV ED (S&P500) 2,778,225 4,675,118
    GOLDMAN SACHS OPERATING ENDOWMENT FUND 2 (PACIFIC PLAZA LLC) 458,398 471,899
    GOLDMAN SACHS OPERATING ENDOWMENT FUND 1 (PACIFIC PLAZA LLC) 139,891 127,709
    GOLDMAN SACHS OPERATING ENDOWMENT FIERA (PACIFIC PLAZA LLC) 98,578 99,130
    GOLDMAN SACHS OPERATING ENDOWMENT FIERA (BELO GARDEN) 136,231 99,130
    GOLDMAN SACHS OPERATING ENDOWMENT EQ AND FI (BELO GARDEN) 932,602 461,865
    GOLDMAN SACHS PERMANENT ENDOWMENT FIERA (BELO GARDEN) 166,486 104,658
    GOLDMAN SACHS PERMANENT ENDOWMENT EQ AND FI (BELO GARDEN) 1,299,889 635,082
    GOLDMAN SACHS MAINTENANCE ENDOWMENT OVERVIEW (MAINTENANCE) 195,075 173,444
    GOLDMAN SACHS MAINTENANCE ENDOWMENT ADV (MAINTENANCE) 50,857 45,309
    GOLDMAN SACHS MAINTENANCE ENDOWMENT GLOBAL ADV (MAINTENANCE) 99,278 93,395

    TY 2018 InvestmentsOtherSchedule2
    Name:
    PARKS FOR DOWNTOWN DALLAS
    EIN:
    75-2564365
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    GOLDMAN SACHS MID MKT AT COST 568,553 431,452
    GOLDMAN SACHS ARTISAN DYNAM NON-US EQ AT COST 535,116 634,073
    SANDLER CAPITAL PARTNERS V AT COST 3,046,611 5,614,042

    TY 2018 LandEtcSchedule2
    Name:
    PARKS FOR DOWNTOWN DALLAS
    EIN:
    75-2564365
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    FURNITURE & FIXTURES 98,045 83,160 14,885  
    MACHINERY & OTHER EQUIPMENT 15,739 13,818 1,921  


    TY 2018 LegalFeesSchedule
    Name:
    PARKS FOR DOWNTOWN DALLAS
    EIN:
    75-2564365
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PROFESSIONAL FEES - LEGAL 8,175 1,635 1,635 6,540
    607 CORBIN STREET - LEGAL FEES 22,267 22,267 22,267 0


    TY 2018 OtherAssetsSchedule
    Name:
    PARKS FOR DOWNTOWN DALLAS
    EIN:
    75-2564365
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    PUBLIC ARTWORK/DOWNTOWN DALLAS 285,000 285,000 285,000
    INVESTMENT IN PARK LAND HELD BY HARWOOD PARK LLC 8,856,408 10,867,098 10,867,098
    INVESTMENT IN PARK LAND HELD BY WEST END PLAZA LLC 8,607,710 0 0


    TY 2018 OtherExpensesSchedule
    Name:
    PARKS FOR DOWNTOWN DALLAS
    EIN:
    75-2564365
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    OTHER DEDUCTIONS - ARTISAN:DYNAMIC EQUITY (NON-US EQUITY) 4,796 4,796 4,796 0
    OTHER DEDUCTIONS - SANDLER CAPITAL PARTNERS V FTE, L.P. 6,968 6,968 6,968 0
    NONDEDUCTIBLE EXPENSE - ARTISAN:DYNAMIC EQUITY (NON-US EQUITY) 1,087 0 0 0
    DUES AND SUBSCRIPTIONS 14,586 2,917 2,917 11,669
    POSTAGE 813 163 163 650
    STORAGE 1,210 242 242 968
    TRAVEL AND MEALS 2,642 528 528 2,114
    OFFICE SUPPLIES 5,041 1,008 1,008 4,033
    INSURANCE 23,675 4,735 4,735 18,940
    DOMAIN / URL RENEWALS 267 53 53 214
    DONATIONS 100 0 0 80
    DIRECT CHARITABLE ACTIVITIES - BELO GARDEN 264,307 0 0 264,307
    DIRECT CHARITABLE ACTIVITIES - LUBBEN PLAZA 39,563 0 0 39,563
    DIRECT CHARITABLE ACTIVITIES - PACIFIC PLAZA 4,603,769 0 0 4,603,769
    DIRECT CHARITABLE ACTIVITIES - WEST END PARK 270,431 0 0 270,431
    DIRECT CHARITABLE ACTIVITIES - HARWOOD PARK 148,608 0 0 148,608
    DIRECT CHARITABLE ACTIVITIES - CARPENTER PARK 204,780 0 0 204,780
    607 CORBIN STREET - PROPERTY APPRAISALS 7,900 7,900 7,900 0
    607 CORBIN STREET - ENVIRONMENTAL 9,420 9,420 9,420 0


    TY 2018 OtherIncomeSchedule2
    Name:
    PARKS FOR DOWNTOWN DALLAS
    EIN:
    75-2564365
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    ARTISAN:DYNAMIC EQUITY (NON-US EQUITY) 203 203 203
    PARKING INCOME VIA HARWOOD PARK LLC 142,450 142,450 142,450
    SANDLER CAPITAL PARTNERS V FTE LP 13,599 13,599 13,599


    TY 2018 OtherProfessionalFeesSchedule
    Name:
    PARKS FOR DOWNTOWN DALLAS
    EIN:
    75-2564365
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PROFESSIONAL FEES - OTHER 184,211 36,842 36,842 147,369
    INVESTMENT MANAGEMENT FEES 97,243 97,243 97,243 0
    2027 YOUNG STREET / 2027 WOOD STREET (14 & 15) - PROPERTY MANAGEMENT 12,000 12,000 12,000 0
    607 CORBIN STREET - PROFESSIONAL FEES 2,000 2,000 2,000 0


    TY 2018 TaxesSchedule
    Name:
    PARKS FOR DOWNTOWN DALLAS
    EIN:
    75-2564365
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXCISE TAXES 53,000 0 0 0
    FOREIGN TAXES 2,311 2,311 2,311 0
    PROPERTY TAXES FOR PARK LAND HELD BY HARWOOD PARK LLC 99,073 73,340 73,340 25,733
    2027 YOUNG STREET / 2027 WOOD STREET (14 & 15) - PROPERTY TAXES 12,200 12,200 12,200 0
    607 CORBIN STREET - PROPERTY TAXES 79,890 79,890 79,890 0