ROTARY 5950 FOUNDATION: Form 990, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- ROTARY 5950 FOUNDATION (EIN 20-1365543)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-11-15
- IRS object ID
- 202433209349311398
- Schema version
- 2023v5.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-11-15T11:57:23-06:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 410746749 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CLIFTONLARSONALLEN LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 9766 FALLON AVENUE NE SUITE 106 | AddressLine1Txt |
| City | MONTICELLO | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 55362 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2023-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 201365543 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ROTARY 5950 FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | ROTA | BusinessNameControlTxt |
| Phone | 7632258886 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 591 | AddressLine1Txt |
| City | WAYZATA | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 55391 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | FRED HERRON | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 7636148377 | PhoneNum |
| Signature | 2024-11-13 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | EMILY M BENJAMIN CPA | PreparerPersonNm |
| PTIN | P00928081 | PTIN |
| Phone | 7632256150 | PhoneNum |
| Preparation | 2024-11-12 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2024-10-15 13:58:12Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | FRED HERRON | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 591 | AddressLine1Txt |
| City | WAYZATA | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 55391 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $93,355 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | N/A | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2004 | FormationYr |
| Legal Domicile State | MN | LegalDomicileStateCd |
| Activity Or Mission | PROVIDING SERVICE AND ASSISTANCE TO PEOPLE IN NEED WITHIN THE STATE OF MN AND THROUGHOUT THE WORLD. | ActivityOrMissionDesc |
| Voting Members Governing Body | 14 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 14 | VotingMembersIndependentCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Total Volunteers | 20 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $60,869 | PYContributionsGrantsAmt |
| CY Contributions Grants | $93,355 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $0 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $0 | CYProgramServiceRevenueAmt |
| PY Investment Income | $0 | PYInvestmentIncomeAmt |
| CY Investment Income | $0 | CYInvestmentIncomeAmt |
| PY Other Revenue | $0 | PYOtherRevenueAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $60,869 | PYTotalRevenueAmt |
| CY Total Revenue | $93,355 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $60,360 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $54,157 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $0 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $0 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $751 | PYOtherExpensesAmt |
| CY Other Expenses | $1,057 | CYOtherExpensesAmt |
| PY Total Expenses | $61,111 | PYTotalExpensesAmt |
| CY Total Expenses | $55,214 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$242 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $38,141 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $70,752 | TotalAssetsBOYAmt |
| Total Assets EOY | $108,893 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $70,752 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $108,893 | NetAssetsOrFundBalancesEOYAmt |
| Mission | PROVIDING SERVICES AND ASSISTANCE TO PEOPLE WITHIN THE STATE OF MINNESOTA AND THROUGHOUT THE WORLD. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $54,157 | ExpenseAmt |
| Grant | $54,157 | GrantAmt |
| Desc | FOUNDATION FOCUSES ON PROJECTS IN THE COMMUNITIES WHERE ROTARY CLUB SERVICES PROJECTS ARE ONGOING TO PROVIDE HANDS-ON ASSISTANCE TO PEOPLE IN NEED THROUGHOUT MINNESOTA. PROJECTS ORIGINATED IN MULTIPLE COMMUNITIES OF ROTARY DISTRICT 5950 COVERING WEST CENTRAL MINNESOTA. | Desc |
| Total Program Service Expenses | $54,157 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | Yes (1) | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | 0 | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | 0 | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | 0 | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | 0 | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | 0 | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 0 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 0 | EmployeeCnt |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 14 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 14 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (1) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (1) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | 0 | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | 0 | WhistleblowerPolicyInd |
| Document Retention Policy | 0 | DocumentRetentionPolicyInd |
| Compensation Process CEO | 0 | CompensationProcessCEOInd |
| Compensation Process Other | 0 | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | MN | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | GINA SMITH | PersonNm |
| Phone | 7632258886 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 591 | AddressLine1Txt |
| City | WAYZATA | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 55391 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| No Listed Persons Compensated | Yes (X) | NoListedPersonsCompensatedInd |
Form990 Part VII Section A Form990PartVIISectionAGrp (20 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt |
|---|---|---|---|---|---|---|
| FRED HERRON | ||||||
| PRESIDENT | 5.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| MARY KURTH | ||||||
| VICE PRESIDENT | 5.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| JOSH HILLGER | ||||||
| SECRETARY | 5.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| GINA SMITH | ||||||
| TREASURER | 5.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| JIM BENSHOOF | ||||||
| CONFLICT COMMITTEE | 5.00 | Yes (X) | $0 | $0 | $0 | |
| ERIK VAN KUIJK | ||||||
| CONFLICT COMMITTEE | 5.00 | Yes (X) | $0 | $0 | $0 | |
| SHARON BLOODWORTH | ||||||
| DIRECTOR | 5.00 | Yes (X) | $0 | $0 | $0 | |
| LLOYD CAMPBELL | ||||||
| DIRECTOR | 5.00 | Yes (X) | $0 | $0 | $0 | |
| JEWELIE GRAPE | ||||||
| DIRECTOR | 5.00 | Yes (X) | $0 | $0 | $0 | |
| DICK CROCKETT | ||||||
| DIRECTOR | 5.00 | Yes (X) | $0 | $0 | $0 | |
| MICHELLE NESS | ||||||
| DIRECTOR | 5.00 | Yes (X) | $0 | $0 | $0 | |
| MARIANNA KHAUV | ||||||
| DIRECTOR | 5.00 | Yes (X) | $0 | $0 | $0 | |
| MIKE THOMAS | ||||||
| DIRECTOR | 5.00 | Yes (X) | $0 | $0 | $0 | |
| FRED SEMMER | ||||||
| DIRECTOR | 5.00 | Yes (X) | $0 | $0 | $0 | |
| MARK SCHOKEY | ||||||
| DIRECTOR | 5.00 | Yes (X) | $0 | $0 | $0 | |
| MIKE DELUCA | ||||||
| DIRECTOR | 5.00 | Yes (X) | $0 | $0 | $0 | |
| LEIF HAGDEN | ||||||
| DIRECTOR | 5.00 | Yes (X) | $0 | $0 | $0 | |
| ERIN BAGNIEWSKI | ||||||
| DIRECTOR | 5.00 | Yes (X) | $0 | $0 | $0 | |
| LYNETTE REINI-GRANDELL | ||||||
| DIRECTOR | 5.00 | Yes (X) | $0 | $0 | $0 | |
| DON STILES | ||||||
| DIRECTOR | 5.00 | Yes (X) | $0 | $0 | $0 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $0 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $0 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 0 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | 0 | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
| Cntrct Rcvd Greater Than100 K | 0 | CntrctRcvdGreaterThan100KCnt |
| All Other Contributions | $93,355 | AllOtherContributionsAmt |
| Total Contributions | $93,355 | TotalContributionsAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $93,355 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $48,657 | TotalAmt |
| Program Services | $48,657 | ProgramServicesAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,500 | TotalAmt |
| Program Services | $5,500 | ProgramServicesAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $685 | TotalAmt |
| Management And General | $685 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $290 | TotalAmt |
| Management And General | $290 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | STATE NONPROFIT FILING | Desc |
| Total | $82 | TotalAmt |
| Management And General | $82 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $55,214 | TotalAmt |
| Program Services | $54,157 | ProgramServicesAmt |
| Management And General | $1,057 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $70,752 | BOYAmt |
| EOY | $108,893 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $70,752 | BOYAmt |
| EOY | $108,893 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
Cap Stk Tr Prin Current Funds CapStkTrPrinCurrentFundsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $70,752 | BOYAmt |
| EOY | $108,893 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $70,752 | BOYAmt |
| EOY | $108,893 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $70,752 | BOYAmt |
| EOY | $108,893 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $38,141 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | 0 | FSAuditedInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $48,323 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $49,009 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $83,438 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $60,869 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $93,355 | CurrentTaxYearAmt |
| Total | $334,994 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $48,323 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $49,009 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $83,438 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $60,869 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $93,355 | CurrentTaxYearAmt |
| Total | $334,994 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $56,150 | SubstantialContributorsTotAmt |
| Public Support Total170 | $278,844 | PublicSupportTotal170Amt |
| Total Support | $334,994 | TotalSupportAmt |
| Public Support CY170 | 0.83240 | PublicSupportCY170Pct |
| Public Support PY170 | 0.91850 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Donor Advised Funds Held | 17 | DonorAdvisedFundsHeldCnt |
| Donor Advised Funds Contri | $92,355 | DonorAdvisedFundsContriAmt |
| Donor Advised Funds Grants | $54,157 | DonorAdvisedFundsGrantsAmt |
| Donor Advised Funds Vl EOY | $108,848 | DonorAdvisedFundsVlEOYAmt |
| Disclosed Org Leg Ctrl | Yes (1) | DisclosedOrgLegCtrlInd |
| Disclosed For Charitable Prps | Yes (1) | DisclosedForCharitablePrpsInd |
| Total Book Value Land Buildings | $0 | TotalBookValueLandBuildingsAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Non Cash AssistanceNonCashAssistanceAmt | Purpose Of GrantPurposeOfGrantTxt |
|---|---|---|---|---|---|---|---|---|
| ST MICHAEL ALBERTVILLE ROTARY CLUB | ||||||||
| PO BOX 14 | ST MICHAEL | MN | 55376 | 331003483 | 501C4 | $6,000 | $0 | BEDS FOR KIDS PROGRAM |
| FAIRMONT ROTARY CLUB | ||||||||
| PO BOX 678 | FAIRMONT | MN | 56031 | 416038075 | 501C4 | $6,000 | $0 | STRIVE SCHOLARSHIP, BIKED FOR MARTIN COUNTY COMMUNITIES |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 0 | Total501c3OrgCnt |
| Total Other Org | 2 | TotalOtherOrgCnt |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | SCHOLARSHIPS | GrantTypeTxt |
| Recipient | 6 | RecipientCnt |
| Cash Grant | $5,500 | CashGrantAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART 1 LINE 2: | FormAndLineReferenceDesc |
| Explanation | ROTARY 5950 FOUNDATION ANALYZES AND MONITORS GLOBAL AND LOCAL SERVICE PROJECTS TO ENSURE FUNDS DISBURSED ARE ACHIEVING GOALS SET BY THE FOUNDATION BOARD. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 6 | CURRENT PRESIDENTS OF ROTARY DISTRICT 5950 CLUBS ARE VOTING MEMBERS OF THIS ORGANIZATION. |
| FORM 990, PART VI, SECTION A, LINE 7A | CURRENT PRESIDENTS OF ROTARY DISTRICT 5950 CLUBS ANNUALLY ELECT MEMBERS TO THE BOARD OF ROTARY 5950 FOUNDATION. |
| FORM 990, PART VI, SECTION A, LINE 8B | NO COMMITTEES HAVE AUTHORITY TO ACT ON BEHALF OF THE BOARD. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE FORM 990 IS PREPARED BY THE ORGANIZATIONS PUBLIC ACCOUNTING FIRM. ONCE A DRAFT IS AVAILABLE, IT IS PROVIDED TO THE BOARD OF DIRECTORS FOR REVIEW, COMMENTS AND CORRECTIONS PRIOR TO FILING. |
| FORM 990, PART VI, SECTION B, LINE 12C | CONFLICT OF INTEREST POLICY WAS ADOPTED IN OCTOBER 2014. EACH BOARD MEMBER IS REQUIRED TO AFFIRM ANNUALLY THAT THEY HAVE REVIEWED AND ARE IN COMPLIANCE WITH THE POLICY. THE POLICY IS AS FOLLOWS: 1. PURPOSE THE PURPOSE OF THE CONFLICTS OF INTEREST POLICY IS TO ENSURE THAT THE DELIBERATIONS AND DECISIONS OF THE FOUNDATION ARE MADE IN THE BEST INTERESTS OF THE FOUNDATION AND THOSE INDIVIDUALS IT SERVES, AND TO PROTECT THE INTERESTS OF THE FOUNDATION WHEN IT IS CONTEMPLATING ENTERING INTO A TRANSACTION, CONTRACT, OR ARRANGEMENT THAT MIGHT BENEFIT THE PRIVATE INTEREST OF AN INTERESTED DIRECTOR, OFFICER OR PERSON (AS DEFINED BELOW). AN INTERESTED DIRECTOR, OFFICER OR PERSON MAY NOT USE HIS OR HER POSITION WITH RESPECT TO THE FOUNDATION, OR CONFIDENTIAL CORPORATE INFORMATION OBTAINED BY HIM OR HER RELATING TO THE FOUNDATION, IN ORDER TO ACHIEVE A FINANCIAL BENEFIT FOR HIMSELF OR HERSELF OR FOR A THIRD PERSON, INCLUDING ANOTHER NONPROFIT OR CHARITABLE ORGANIZATION. THIS POLICY IS INTENDED TO SUPPLEMENT BUT NOT REPLACE ANY APPLICABLE LAWS GOVERNING CONFLICTS OF INTEREST IN NONPROFIT AND CHARITABLE FOUNDATIONS. 2. DEFINITIONS 2.1 COMPENSATION. "COMPENSATION" INCLUDES DIRECT AND INDIRECT REMUNERATION AS WELL AS GIFTS OR FAVORS THAT ARE SUBSTANTIAL IN NATURE. 2.2 FAMILY. THE "FAMILY" OF ANY INDIVIDUAL SHALL INCLUDE ONLY HIS OR HER SPOUSE; HIS OR HER SIBLINGS AND THEIR SPOUSES; HIS OR HER ANCESTORS; AND HIS OR HER DESCENDANTS AND THEIR SPOUSES. 2.3 FINANCIAL INTEREST. A PERSON HAS A "FINANCIAL INTEREST" IF THE PERSON HAS, DIRECTLY OR INDIRECTLY, THROUGH BUSINESS, INVESTMENT OR FAMILY: (A) AN EXISTING OR POTENTIAL OWNERSHIP OR INVESTMENT INTEREST IN ANY ENTITY WITH WHICH THE FOUNDATION HAS A TRANSACTION, CONTRACT, OR OTHER ARRANGEMENT, OR (B) A COMPENSATION ARRANGEMENT WITH THE FOUNDATION OR WITH ANY ENTITY OR INDIVIDUAL WITH WHICH THE FOUNDATION HAS A TRANSACTION, CONTRACT, OR OTHER ARRANGEMENT, OR (C) AN EXISTING OR POTENTIAL OWNERSHIP OR INVESTMENT INTEREST IN, OR COMPENSATION ARRANGEMENT WITH, ANY ENTITY OR INDIVIDUAL WITH WHICH THE FOUNDATION IS NEGOTIATING A TRANSACTION, CONTRACT, OR OTHER ARRANGEMENT, OR (D) AN EXISTING OR POTENTIAL OWNERSHIP OR INVESTMENT INTEREST IN, OR COMPENSATION ARRANGEMENT WITH, ANY ENTITY WHOSE BUSINESS OR OPERATION HAS BEEN OR WILL BE DIRECTLY AFFECTED BY A DECISION OR ACTION OF THE FOUNDATION. 2.4 INTERESTED DIRECTOR. "INTERESTED DIRECTOR" SHALL MEAN ANY DIRECTOR OF THE FOUNDATION WHO HAS A MATERIAL FINANCIAL INTEREST, AS DEFINED ABOVE, OR WHO SERVES AS A DIRECTOR OR OFFICER OF ANY ENTITY WITH WHICH THE FOUNDATION HAS A TRANSACTION, CONTRACT, OR OTHER ARRANGEMENT. 2.5 INTERESTED OFFICER. "INTERESTED OFFICER" SHALL MEAN ANY OFFICER WHO HAS A MATERIAL FINANCIAL INTEREST, AS DEFINED ABOVE, OR WHO SERVES AS A DIRECTOR OR OFFICER OF ANY ENTITY WITH WHICH THE FOUNDATION HAS A TRANSACTION, CONTRACT, OR OTHER ARRANGEMENT. FOR PURPOSES OF THIS POLICY, THE PRESIDENT OF THE FOUNDATION SHALL BE TREATED AS AN OFFICER. 2.6 INTERESTED PERSON. "INTERESTED PERSON" SHALL MEAN EITHER: (A) ANY PERSON CURRENTLY BEING COMPENSATED BY THE FOUNDATION FOR SERVICES RENDERED TO IT WITHIN THE PREVIOUS 12 MONTHS, WHETHER AS A FULL- OR PART-TIME EMPLOYEE, INDEPENDENT CONTRACTOR, OR OTHERWISE, OR (B) ANY PERSON WHOSE FAMILY MEMBER, AS DEFINED IN SECTION 2.2, IS CURRENTLY BEING COMPENSATED BY THE FOUNDATION FOR SERVICES RENDERED TO IT WITHIN THE PREVIOUS 12 MONTHS, WHETHER AS A FULL- OR PART-TIME EMPLOYEE, INDEPENDENT CONTRACTOR, OR OTHERWISE. 2.7 FOUNDATION: ROTARY 5950 FOUNDATION 3. COMMITTEE ON CONFLICTS OF INTEREST 3.1 TO ADMINISTER AND MONITOR COMPLIANCE WITH THIS POLICY, THE BOARD SHALL CREATE A COMMITTEE OF THE BOARD ON CONFLICTS OF INTEREST ("CONFLICTS COMMITTEE"), CONSISTING OF TWO NON-OFFICERS OF THE BOARD. 3.2 THE CONFLICTS COMMITTEE SHALL REQUIRE A STATEMENT FROM EACH DIRECTOR AND OFFICER NOT LESS FREQUENTLY THAN ONCE A YEAR SETTING FORTH ALL BUSINESS AND OTHER AFFILIATIONS WHICH RELATE IN ANY WAY TO THE BUSINESS AND OTHER ACTIVITIES OF THE FOUNDATION. 8. VIOLATIONS OF THE CONFLICTS OF INTEREST POLICY 8.1 IF THE CONFLICTS COMMITTEE HAS REASONABLE CAUSE TO BELIEVE THAT A DIRECTOR OR OFFICER HAS FAILED TO DISCLOSE AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST, IT SHALL INFORM THE DIRECTOR OR OFFICER OF THE BASIS FOR SUCH BELIEF AND AFFORD THE DIRECTOR OR OFFICER AN OPPORTUNITY TO EXPLAIN THE ALLEGED FAILURE TO DISCLOSE. 8.2 IF, AFTER HEARING THE RESPONSE OF THE DIRECTOR OR OFFICER AND MAKING SUCH FURTHER INVESTIGATION AS MAY BE WARRANTED IN THE CIRCUMSTANCES, THE CONFLICTS COMMITTEE DETERMINES THAT THE MEMBER HAS IN FACT FAILED TO DISCLOSE AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST, IT SHALL RECOMMEND TO THE BOARD OF DIRECTORS APPROPRIATE DISCIPLINARY AND CORRECTIVE ACTION. 8.3 THE VIOLATION OF THIS CONFLICTS OF INTEREST POLICY IS A SERIOUS MATTER AND MAY CONSTITUTE "CAUSE" FOR REMOVAL OR TERMINATION OF A DIRECTOR OR OFFICER, OR THE TERMINATION OF ANY CONTRACTUAL RELATIONSHIP THE FOUNDATION MAY HAVE WITH AN INTERESTED PERSON OR OTHER PARTY. |
| FORM 990, PART VI, SECTION C, LINE 19 | DOCUMENTS RELATED TO THE GOVERNANCE OF THE ENTITY AND COPIES OF FORM 990 ARE PROVIDED UPON WRITTEN REQUEST. |
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