FORM 990, PART VI, SECTION A, LINE 4 |
RAYMOND JAMES TRUST RESIGNED AS TRUSTEE. AN INDEPENDENT BOARD OF TRUSTEES WAS APPOINTED
EFFECTIVE APRIL 1, 2019. |
FORM 990, PART VI, SECTION B, LINE 11B |
AS PART OF THE PROCESS OF PREPARING AND FILING THE FORM 990 ("THE FORM") FOR THE RAYMOND
JAMES CHARITABLE ENDOWMENT FUND ("RJCEF"), A FINAL DRAFT OF THE FORM IS PROVIDED TO
ALL MEMBERS OF THE RJCEF BOARD OF TRUSTEES ("TRUSTEE OR "TRUSTEES") FOR THEIR REVIEW
AND APPROVAL OF THE FORM, AS WELL AS SOLICITING QUESTIONS, COMMENTS AND CONCERNS.
ALL FEEDBACK IS IMMEDIATELY ADDRESSED AND ANY RESULTANT MODIFICATIONS TO THE RETURN
ARE INCORPORATED INTO A REVISED FINAL DRAFT OF THE FORM. ONCE APPROVED, THE FORM IS
SIGNED BY AN RJCEF TRUSTEE AND THE FORM IS THEN FILED WITH THE IRS. A PUBLIC COPY
OF THE FILED FORM IS AVAILABLE FOR REVIEW BY REQUEST OR IS POSTED ON THE RAYMOND JAMES
CHARITABLE ENDOWMENT FUND WEBSITE. |
FORM 990, PART VI, SECTION B, LINE 12C |
THE RJCEF WILL NOT ENTER INTO ANY BUSINESS TRANSACTION WITH ANY TRUSTEE OF THE FUND
OR ANY ENTITY OF WHICH A TRUSTEE IS AN OFFICER, DIRECTOR, TRUSTEE, PARTNER, SOLE PROPRIETOR
OR SHAREHOLDER (EXCEPT FOR ENTITIES OF WHICH THE TRUSTEE IS A SHAREHOLDER, THE SHARES
OF WHICH ARE PUBLICLY TRADED AND THE TRUSTEE OWNS 5% OR LESS OF THE OUTSTANDING SHARES)
IN WHICH IT MAKES A PAYMENT TO SUCH TRUSTEE OR SUCH ENTITY AND WILL NOT MAKE ANY CHARITABLE
GRANT TO ANY TRUSTEE OR SUCH ENTITY UNLESS A MAJORITY OF THE OTHER TRUSTEES VOTE TO
APPROVE SUCH TRANSACTION OR GRANT. BEFORE A TRUSTEE TAKES OFFICE AS SUCH OR, IN THE
CASE OF A TRUSTEE SERVING ON THE DATE OF THE VOTE, WITHIN FIFTEEN DAYS AFTER SUCH
DATE, AND, IN EITHER CASE, ON OR BEFORE EACH DECEMBER 31 THEREAFTER, HE OR SHE SHALL
PROVIDE THE OTHER TRUSTEES WITH A WRITTEN LIST OF ALL SUCH ENTITIES. IN THE EVENT
OF A POTENTIAL CONFLICT DURING THE YEAR, THE TRUSTEE WILL RECUSE HIMSELF/HERSELF FROM
THE VOTE. |
FORM 990, PART VI, SECTION B, LINE 15 |
THE ORGANIZATION DOES NOT HAVE AN EXECUTIVE DIRECTOR OR CEO, BUT INSTEAD IS GOVERNED
BY AN INDEPENDENT BOARD OF TRUSTEES AND RETAINS A SERVICE PROVIDER TO PERFORM ADMINISTRATIVE
AND INVESTMENT MANAGEMENT SERVICES. THE PROCESS FOR DETERMINING THE ENGAGED SERVICE
PROVIDER'S COMPENSATION IS BASED ON MARKET ANALYSIS AND COMPARABLE DATA, WHICH REQUIRES
THE APPROVAL OF THE ORGANIZATION'S INDEPENDENT BOARD OF TRUSTEES. |
FORM 990, PART VI, SECTION C, LINE 19 |
THE GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE ON OUR PUBLIC WEBSITE
AND BY REQUEST. THE CONFLICT OF INTEREST POLICY AND THE FORM 990 ARE ALSO AVAILABLE
UPON REQUEST. |
FORM 990, PART XI, LINE 9: |
CHANGE IN MARKET VALUE OF POOLED INCOME FUNDS -76,347. CHANGE IN MARKET VALUE OF CHARITABLE
TRUSTS 141,535. CHANGE IN MARKET VALUE OF CHARITABLE GIFT ANNUITIES -83,666. |