2023-04-25T11:20:28-05:00 2022-06-30 420714325 RSM US LLP 227 WEST FIRST STREET SUITE 700 DULUTH MN 55802 990 2021-07-01 363454285 SOUTHERN MINNESOTA INITIATIVE FOUNDATION SOUT 5074553215 525 FLORENCE AVE OWATONNA MN 55060 BRIAN CONZEMIUS VICE PRESIDENT/CFO 5074553215 2023-04-24 1 BRIAN CONZEMIUS 999009999 JULIE BOYER P01278549 2187275025 2023-04-24 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z TIMOTHY PENNY 525 FLORENCE AVE OWATONNA MN 55060 53977072 0 X WWW.SMIFOUNDATION.ORG X 1986 MN INVESTS FOR ECONOMIC GROWTH IN THE 20 COUNTIES OF SOUTH CENTRAL AND SOUTHEASTERN MINNESOTA. 14 14 39 14 -11070 0 15422166 18206800 208688 184745 4357022 3778487 13882 -5947 20001758 22164085 12394180 12999364 0 0 1932679 1916108 0 0 247994 1009466 1839672 15336325 16755144 4665433 5408941 74043196 67371961 11582756 9809939 62460440 57562022 X SOUTHERN MINNESOTA INITIATIVE FOUNDATION IS A REGIONAL DEVELOPMENT AND PHILANTHROPIC ORGANIZATION THAT FOSTERS ECONOMIC AND COMMUNITY VITALITY IN 20 COUNTIES OF SOUTHERN MINNESOTA THROUGH A CULTURE OF COLLABORATION AND PARTNERSHIP, WITH A FOCUS ON ENTREPRENEURS AND EARLY CHILDHOOD DEVELOPMENT. 0 0 11103565 10786464 179579 SOUTHERN MINNESOTA INITIATIVE FOUNDATION PROVIDES GRANTS, LOANS AND TECHNICAL ASSISTANCE TO BUSINESSES, LOCAL GOVERNMENTS AND NONPROFIT ORGANIZATIONS THAT ACCELERATE THE CREATION OF NEW BUSINESSES AND INNOVATIVE VENTURES THAT WILL SHAPE OUR ECONOMY THROUGH PARTNERSHIPS IN OUR REGION. 2802803 564357 833 SOUTHERN MINNESOTA INITIATIVE FOUNDATION PROVIDES GRANTS, EDUCATIONAL RESOURCES AND TECHNICAL ASSISTANCE TO LOCAL GOVERNMENTS, COMMUNITY PARTNERSHIPS AND NONPROFIT ORGANIZATIONS IN EARLY CHILDHOOD EDUCATION. THE EARLY CHILDHOOD PROGRAM PROVIDES RESOURCES THAT STRENGTHEN EARLY CHILDHOOD EFFORTS SO THAT YOUNG CHILDREN WILL HAVE A HEALTHY LIFE OF LEARNING, ACHIEVING AND SUCCEEDING. 259355 77924 4333 SOUTHERN MINNESOTA INITIATIVE FOUNDATION ADMINISTERS THE AMERICORPS-SOUTHERN MINNESOTA GRANT FOCUSING ON EARLY CHILDHOOD. SUPPORTED AMERICORPS MEMBERS SERVE IN NON-PROFITS AND SCHOOLS THROUGHOUT THE 20 COUNTY AREA WORKING WITH PRESCHOOL CHILDREN ON EARLY LITERACY, SOCIAL-EMOTIONAL, AND SCHOOL READINESS SUPPORT 1635547 1570619 COMMUNITY FOUNDATIONS AND AFFILIATE FUNDS 1635547 1570619 15801270 1 1 0 1 0 1 0 0 0 1 1 1 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 42 0 1 39 1 0 0 0 0 0 1 1 0 0 0 0 0 0 0 X 14 14 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 1 1 MN X BRIAN CONZEMIUS 5074553215 525 FLORENCE AVE OWATONNA MN 55060 TIMOTHY PENNY PRESIDENT/CEO 40.00 X 153871 0 34213 BRIAN CONZEMIUS VICE PRESIDENT/CFO 40.00 X 132810 0 13386 PAMELA BISHOP VP OF ECONOMIC DEVELOPMENT 40.00 X 108442 0 27081 RAE JEAN HANSEN VP OF EARLY CHILDHOOD 40.00 X 106200 0 20181 ERIN BAILEY MEMBER AT LARGE 2.00 X 0 0 0 CARISSA BUEGLER DIRECTOR 2.00 X 0 0 0 XAVIER FRIGOLA DIRECTOR 2.00 X 0 0 0 MATT GOLDADE MEMBER AT LARGE 2.00 X 0 0 0 JAMILA IBRAHIM DIRECTOR 2.00 X 0 0 0 HEATHER MILLARD DIRECTOR 2.00 X 0 0 0 COREY MENSINK MEMBER AT LARGE 2.00 X 0 0 0 CHRIS SCHAD DIRECTOR 2.00 X 0 0 0 ANGEL URIBE MEMBER AT LARGE 2.00 X 0 0 0 SHAWN VOGT SWEEN MEMBER AT LARGE 2.00 X 0 0 0 JOHN PETERSON CHAIR 2.00 X X 0 0 0 CASSIE HARRINGTON VICE CHAIR 2.00 X X 0 0 0 ERIN MEIER SECRETERY 2.00 X X 0 0 0 JAKE ANDERSON TREASURER 2.00 X X 0 0 0 501323 0 94861 4 0 1 0 0 5985 13074037 5126778 542013 18206800 LOAN INTEREST 525990 136468 136468 PROJECT FEES & REVENUE 525990 48277 48277 184745 2242092 2242092 33327625 31791230 1536395 1536395 1536395 26880 5985 21757 5123 5123 OWATONNA REAL ESTATE FUND LP K-1 901101 -774 -774 NORTHFIELD REAL ESTATE FUND II LL 901101 -10296 -10296 -11070 22164085 184745 -11070 3783610 2478723 2478723 10520641 10520641 344435 257478 52795 34162 1253354 972313 150159 130882 46879 35043 7186 4650 148401 110935 22747 14719 123039 73201 38434 11404 3183 549 2634 58956 2772 56184 291819 291819 391796 352306 38587 903 46190 35024 525 10641 117022 107726 9296 14930 7471 595 6864 8566 6283 1268 1015 41488 28310 8186 4992 54360 52038 987 1335 9117 9117 37692 27647 5580 4465 25951 21636 2397 1918 BAD DEBTS 436178 436178 OPERATING EXPENSES 197564 190425 5227 1912 JANITORIAL & MAINTENANC 93535 67014 9713 16808 DUES AND SUBSCRIPTIONS 11325 8440 1561 1324 16755144 15801270 705880 247994 5905309 5826848 462991 1453564 3686016 3915976 88084 91671 1113942 655239 479411 458703 63088397 55559567 332988 65632 74043196 67371961 197189 166867 21600 1140176 1682083 200317 3641406 3013526 6040478 5289053 11582756 9809939 X 27412545 21650500 35047895 35911522 62460440 57562022 74043196 67371961 X 5408941 -10318429 11070 X X 0 1 X 1 1 1 X 4394846 3637021 3019110 15422166 18206800 44679943 4394846 3637021 3019110 15422166 18206800 44679943 2892609 41787334 1057562 1170275 1093380 1265809 2242092 6829118 27650 6316 13882 0 47848 51556909 1045973 0.81050 0.72480 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 1 1300 0 0 1 490 0 0 1790 0 PART II-B, LINE 1: SUPPORT FOR EARLY CHILDHOOD AND ECONOMIC DEVELOPMENT PROGRAMS 15 327393 333216 3314063 1 1 49348545 1606157 -6524466 1654839 42775397 39807166 841819 10273770 1574210 49348545 38790595 832429 1521922 1337780 39807166 37308295 1344200 1439538 1301438 38790595 35185071 868288 2506504 1251568 37308295 0.29801 0.55174 0.15025 0 0 68687 68687 744825 401952 342873 11313 11313 0 289117 241974 47143 458703 INVESTMENT IN PRIVATE COMPANIES 952344 F ENDOWMENT FUNDS 42439292 F OTHER INVESTMENTS 12167931 F 55559567 REFUNDABLE ADVANCES 1165918 ASSETS HELD FOR OTHERS 4123135 5289053 X 11586664 -10318429 11070 -10307359 21894023 291819 -21757 270062 22164085 16485082 21757 21757 16463325 291819 291819 16755144 PART V, LINE 4: THE FOUNDATION HAS DEVELOPED A SPENDING POLICY WHICH USES UP TO 4.5% OF ITS ENDOWMENT BALANCE ANNUALLY TO SUPPORT ITS PROGRAMS AND ACTIVITIES. PART X, LINE 2: THE FOUNDATION IS EXEMPT FROM FEDERAL INCOME TAXES AS A TAX-EXEMPT ORGANIZATION DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, EXCEPT FOR INCOME ON CERTAIN UNRELATED BUSINESS INCOME. AT JUNE 30, 2022, THERE IS NO MATERIAL AMOUNT OF UNRELATED BUSINESS INCOME. THE FOUNDATION IS ALSO EXEMPT FROM STATE INCOME TAXES UNDER APPLICABLE MINNESOTA STATUTES. THE FOUNDATION HAS REVIEWED ITS TAX POSITIONS FOR ALL OPEN YEARS AND HAS CONCLUDED THAT NO MATERIAL LIABILITIES EXIST AS OF JUNE 30, 2022 OR 2021. GENERALLY, THE FOUNDATION IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY THE U.S. FEDERAL, STATE OR LOCAL TAX AUTHORITIES FOR YEARS PRIOR TO THE FISCAL YEAR ENDED JUNE 30, 2019. PART XI, LINE 2D - OTHER ADJUSTMENTS: UNRELATED BUSINESS LOSS 11,070. PART XI, LINE 4B - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES -21,757. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 21,757. PRESTON ANNUAL EVENT 13005 985 12020 3785 SMIF SILENT AUCTION 6317 1250 5067 5500 5112 1260 4 13543 3750 9793 4800 1300 32865 5985 26880 5500 13697 2560 21757 5123 1 BLUE EARTH AREA SCHOOLS & COMMUNITY EDUCATION 315 6TH ST E BLUE EARTH MN 56013 411866487 GOVT/PUBLIC SCHOOL 30000 0 CREATE READERS PROGRAMS IN SCHOOL/COMMUNITY FUND PROJECT TO EXPAND EDUCATION RESOURCES/ELEMENTARY SCHOOL PLAYGROUND BASKETBALL COURT UPDATE BYRON PUBLIC SCHOOLS & COMMUNITY EDUCATION 630 1ST AVE NW BYRON MN 55920 416002825 GOVT/PUBLIC SCHOOL 10000 7650 FMV BOOKS IDENTIFY AND DESIGN SPACES IN THE SOUTH HALF OF AN EXISTING SCHOOL BUILDING TO MEET THE NEEDS OF THE COMMUNITY/CHILDRENS BOOKS DISTRIBUTED THROUGH EARLY CHILDHOOD PROGRAM LITERACY GRANTS CANNON VALLEY TRAIL 825 CANNON RIVER AVE CANNON FALLS MN 55009 416005482 501C3 10000 0 COMMUNITY FUND PROJECT TO EXPAND TRAIL ACCESS CHILDREN'S MUSEUM OF ROCHESTER INC 1201 12TH STREET SOUTHWEST ROCHESTER MN 55902 842749957 501C3 0 15300 FMV BOOKS CHILDRENS BOOKS DISTRIBUTED THROUGH EARLY CHILDHOOD PROGRAM LITERACY GRANTS CHILDREN'S MUSEUM OF SOUTHERN MN 224 LAMM ST MANKATO MN 56001 204351801 501C3 7250 7650 FMV BOOKS CHILDRENS BOOKS DISTRIBUTED THROUGH EARLY CHILDHOOD PROGRAM LITERACY GRANTS/CONNECT SERVICES AND COMMUNITY PARTNERS TO CHILDREN AND FAMILIES CHURCH OF ST ANNE OF LE SUEUR 503 N 4TH ST LE SUEUR MN 56058 410724077 501C3 10000 0 SUPPORT GENERAL PROGRAMMING CITY OF ALDEN 174 WATER ST ALDEN MN 560090325 410197511 GOVERNMENT 8000 0 COMMUNITY FUND SUPPORT FOR PROGRAMMING CITY OF ARLINGTON (CHOOSE ARLINGTON) 204 SHAMROCK DR W ARLINGTON MN 55307 416004941 GOVERNMENT 6450 0 ARLINGTON DOG PARK CITY OF BYRON 680 BYRON MAIN CT NE BYRON MN 559201637 813527745 GOVERNMENT 74133 0 COMMUNITY FUND PROJECT FOR VETERANS PARK CITY OF DOVER 218 CHATFIELD ST N DOVER MN 559290116 411261130 GOVERNMENT 10000 0 COMMUNITY CENTER KITCHEN CITY OF EAGLE LAKE 705 PARKWAY AVE EAGLE LAKE MN 560240159 416005110 GOVERNMENT 10000 0 STRATEGIC ECONOMIC DEVELOPMENT PLAN AND INITIATIVE CITY OF FAIRMONT - FAIRMONT ECONOMIC DEVELOPMENT AUTHORITY 100 DOWNTOWN PLZ FAIRMONT MN 560311709 416005147 GOVERNMENT 63535 0 COMMUNITY FUND PROJECT TO SUPPORT COMMUNITY CENTER/FAIRMONT BUSINESS SUCCESSION PLANNING PROJECT CITY OF HARMONY 225 3RD AVE SW HARMONY MN 559390488 416005218 GOVERNMENT 20000 0 COMMUNITY FUND PROJECT TO EXPAND TRAIL ACCESS CITY OF HARTLAND 407 BROADWAY ST HARTLLAND MN 560420487 411769172 GOVERNMENT 10000 0 TORNADO RELIEF FOR DOWNTOWN CITY OF HENERSON (HENDERSON AREA CHAMBER) 600 MAIN ST HENDERSON MN 56044 416005226 GOVERNMENT 7500 0 RENEWED LOOK AT THE CITY OF HENDERSON'S COMPREHENSIVE PLAN CITY OF MAPLETON (MAPLETON AREA FOUNDATION) 104 2ND AVE NE MAPLETON MN 56065 416005347 GOVERNMENT 6000 0 CREATE A MUSIC FESTIVAL CITY OF PINE ISLAND 250 MAIN ST S PINE ISLAND MN 559631000 416005457 GOVERNMENT 5500 0 BOOKKEEPING WORKSHOP FOR SMALL BUSINESSES CITY OF RED WING 315 4TH ST W RED WING MN 550662504 406005482 GOVERNMENT 15000 0 COMMUNITY FUND PROJECT TO EXPAND TRAIL ACCESS CITY OF WABASHA 900 HIAWATHA DR E WABASHA MN 559810262 416005601 GOVERNMENT 19000 0 WABASHA AMBULANCE SERVICE RURAL RESILIENCY PROJECT/COMMUNITY FUND PROJECT TO EXPAND TRAIL ACCESS DIVERSITY COUNCIL (SOUTHEAST MINNESOTA FOOD RESCUE AND REDISTRIBUTION) 11301/2 7TH ST NW STE 204 ROCHESTER MN 55901 411709139 501C3 20000 0 EMERGING BIPOC FOOD GROWERS, AND ENTREPRENEUR BUSINESSES ECONOMIC EQUALITY AND MARKETSHARE GAIN PROGRAM EAGLE BLUFF ENVIRONMENTAL LEARNING CENTER 28097 GOODVIEW DR LANESBORO MN 55949 411431959 501C3 9982 0 EXPANSION OF EAGLE BLUFF'S NATURE PRESCHOO FAIRMONT AREA COMMUNITY CENTER INC 204 LAKE AVE FAIRMONT MN 56031 872722786 501C3 43799 0 COMMUNITY FUND PROJECT TO SUPPORT COMMUNITY CENTER FAIRMONT OPERA HOUSE 45 DOWNTOWN PLZ FAIRMONT MN 56031 411408912 501C3 10000 0 CHILDREN'S THEATER EDUCATION FARIBAULT COUNTY SHERIFF'S OFFICE 320 DR H RUSS ST FARIBAULT MN 56013 455359334 GOVERNMENT 16989 0 COMMUNITY FUND PROJECT TO PURCHASE EQUIPMENT FARIBAULT PUBLIC SCHOOLS 930 4TH AVE FARIBAULT MN 55021 416003618 GOVT/PUBLIC SCHOOL 0 6120 FMV BOOKS CHILDRENS BOOKS DISTRIBUTED THROUGH EARLY CHILDHOOD PROGRAM LITERACY GRANTS FILLMORE CENTRAL PUBLIC SCHOOLS 700 CHATFIELD AVENUE PRESTON MN 55965 411809022 GOVT/PUBLIC SCHOOL 15000 0 COMMUNITY FUND PROJECT TO EXPAND EDUCATION RESOURCES FILLMORE COUNTY PUBLIC HEALTH 902 HOUSTON STREET NW SUITE 2 PRESTON MN 55965 416005794 GOVERNMENT 0 6885 FMV BOOKS CHILDRENS BOOKS DISTRIBUTED THROUGH EARLY CHILDHOOD PROGRAM LITERACY GRANTS FREEBORN COUNTY PUBLIC HEALTH 411 S BROADWAY AVE ALBERT LEA MN 56007 416005795 GOVERNMENT 0 6885 FMV BOOKS CHILDRENS BOOKS DISTRIBUTED THROUGH EARLY CHILDHOOD PROGRAM LITERACY GRANTS GIANTS OF THE EARTH HERITAGE CENTER INC BALLARD HOUSE SPRING GROVE MN 55974 264545682 501C3 10000 0 PASSPORTS TO OTHER CULTURES PROGRAMMING HARMONY AMERICAN LEGION PO BOX 512 HARMONY MN 55939 350839899 501C3 36000 0 COMMUNITY FUND PROJECT TO EXPAND TRAIL ACCESS HARMONY AREA CHAMBER OF COMMERCE PO BOX 141 HARMONY MN 55939 261108183 501C3 5500 0 COMMUNITY FUND PROJECT TO EXPAND TRAIL ACCESS HEATHER CURLING CLUB 315 SILVER ST W MAPLETON MN 56065 363454285 501C3 11729 0 COMMUNITY FUND PROJECT TO PURCHASE EQUIMENT HOUSTON COUNTY ECONOMIC DEVELOPMENT AUTHORITY 304 MARSHALL ST S CALEDONIA MN 55921 416005804 GOVERNMENT 10000 0 PROJECT KEEP COMPANY CO-WORKING, A SHARED SPACE WITH PROFESSIONAL RESOURCES FOR LOCAL BUSINESSES JEREMIAH PROGRAM 2915 JEREMIAH LANE NW ROCHESTER MN 55901 411801834 501C3 10000 0 INCREASE ACCESS TO HIGH-QUALITY EARLY CHILDHOOD EDUCATION FOR CHILDREN OF LOW-INCOME SINGLE MOTHERS KASSON-MANTORVILLE SCHOOLS 606 16TH ST NE KASSON MN 55944 416008530 GOVT/PUBLIC SCHOOL 18500 0 ADD AN EARLY CHILDHOOD COUNSELOR/SOCIAL WORKER TO OUR CURRENT COMMUNITY EDUCATION STAFF/COMMUNITY WELLNESS EXPANSION KENYON-WANAMINGO SCHOOLS COMMUNITY EDUCATION 400 6TH ST KENYON MN 55946 411780357 GOVT/PUBLIC SCHOOL 10450 0 CREATION OF SUMMER PROGRAMMING/MIDDLE SCHOOL MENTORING KINGSLAND PUBLIC SCHOOLS 705 NORTH SECTION AVE SPRING VALLEY MN 55975 411740007 GOVT/PUBLIC SCHOOL 0 6120 FMV BOOKS CHILDRENS BOOKS DISTRIBUTED THROUGH EARLY CHILDHOOD PROGRAM LITERACY GRANTS KIWANIS CLUBS OF SOUTHERN MINNESOTA 6907 BLUFF LANE NW ROCHESTER MN 55901 411908825 501C3 0 116280 FMV BOOKS CHILDRENS BOOKS DISTRIBUTED THROUGH EARLY CHILDHOOD PROGRAM LITERACY GRANTS LA CRESCENT-HOKAH PUBLIC SCHOOLS LA CRESCENT MIDDLE/HIGH SCHOOL LA CRESCENT MN 55947 416001467 GOVT/PUBLIC SCHOOL 10000 0 CREATING A PIPELINE FOR TECHNICAL EDUCATION EMPLOYEES LA LUMIERE SCHOOL 6801 NORTH WILHELM RD LA PORTE MN 46350 351085350 501C3 10000 0 SUPPORT FOR PROGRAMMING LANESBORO ECONOMIC DEVELOPMENT AUTHORITY 202 PARKWAY AVE S LANESBORO MN 55949 416005308 501C3 9500 0 IDENTIFY NEW WAYS TO BOOST THE WELL-BEING OF INDIVIDUALS AND THE QUALITY OF LIFE IN THEIR SMALL COMMUNITY LANESBORO PUBLIC LIBRARY (CITY OF LANESBORO MN) 202 PARKWAY AVE S LANESBORO MN 55949 342037323 GOVERNMENT 0 7880 FMV BOOKS CHILDRENS BOOKS DISTRIBUTED THROUGH EARLY CHILDHOOD PROGRAM LITERACY GRANTS LAURA BAKER SERVICES ASSOCIATIONS 211 OAK ST NORTHFIELD MN 55057 411291483 501C3 10000 0 SUPPORT FOR CLIENTS WITH DISABILITIES LE SUEUR-HENDERSON PUBLIC SCHOOLS & ECFE 706 TURRIL ST LE SUEUR MN 56058 411716943 GOVT/PUBLIC SCHOOL 10000 6120 FMV BOOKS BRING A CHILDREN'S MUSEUM-LIKE EXPERIENCE TO ALL FAMILIES IN LE SUEUR-HENDERSON COMMUNITY/CHILDRENS BOOKS DISTRIBUTED THROUGH EARLY CHILDHOOD PROGRAM LITERACY GRANTS LEO AUGUSTA CHILDREN'S ACADEMY 824 CENTER AVE N BLOOMING PRAIRIE MN 55917 862879682 501C3 356636 0 PROVIDING RESOURCES TO EXPAND EDUCATIONAL OPPORTUNITIES/SUPPORT FOR BUILDING CONSTRUCTION LEAD FOR AMERICAN (MINNESOTA) PO BOX 56 DODGE CITY KS 67801 831839530 501C3 75000 0 SUPPORT FOR MN COMMUNITIES TO BRING MORE RESOURCES TO IDENTIFY DIVERSE PROGRAMMING OPPORTUNITES LION'S CLUB PO BOX 258 PRESTON MN 55965 410987543 501C3 7000 0 COMMUNITY FUND PROJECT TO EXPAND PROGRAM RESOURCES LISTOS PRESCHOOL AND CHILDCARE 1503 2ND AVE NE ROCHESTER MN 55906 410846795 501C3 10000 0 CONNECTING THE CONSCIOUS DISCIPLINE SOCIAL-EMOTIONAL CURRICULUM USED AT LISTOS MADELIA PUBLIC SCHOOLS MADELIA ELEMENTARY SCHOOL MADELIA MN 560621730 416008617 GOVT/PUBLIC SCHOOL 10000 0 VOLUNTEERS FOR COMMUNITY READING PROGRAM MANKATO AREA PUBLIC SCHOOLS 110 FULTON STREET MANKATO MN 56001 416000310 GOVT/PUBLIC SCHOOL 10000 0 RELOCATE PROGRAMMING TO ONE CENTRAL LOCATION AND EXPAND SERVICES OFFERED TO DIVERSE COMMUNITY MEMBERS. MAPLE RIVER CHAMBER OF COMMERCE PO BOX 288 MAPLE RIVER MN 56065 411855221 501C3 6212 0 COMMUNITY FUND PROJECT TO EXPAND PROGRAM RESOURCES MAPLE RIVER SCHOOLS 101 6TH AVE NE MAPLETON MN 56065 411734559 GOVT/PUBLIC SCHOOL 15000 0 CREATE READERS PROGRAMS IN SCHOOL MASSACHUSETTS INSTITUTE OF TECHNOLOGY 600 MEMORIAL DRIVE CAMBRIDGE MA 02139 042103594 501C3 20000 0 PROGRAM SUPPORT MINNESOTA STATE UNIVERSITY-MANKATO FOUNDATION 126 ALUMNI FOUNDATION CENTER MANKATO MN 56001 416033423 501C3 10000 0 COMMUNITY FUND PROJECT TO EXPAND PROGRAM RESOURCES MINNESOTA VALLEY ACTION COUNCIL HEAD START 706 N VICTORY DR MANKATO MN 56001 416050353 501C3 0 10328 FMV BOOKS CHILDRENS BOOKS DISTRIBUTED THROUGH EARLY CHILDHOOD PROGRAM LITERACY GRANTS MN RIVER AREA AGENCY ON AGING INCORPORATED 201 BROAD ST N STE 102 MANKATO MN 56001 261632413 OTHER 10000 0 AGE-FRIENDLY COMMUNITY PROJECT WILL CREATE AN OPPORTUNITY FOR DEVELOPMENT OF A COMMUNITY LEADERSHIP TEAM MONTGOMERY ARTS AND HERITAGE CENTER (MONTGOMERY COMMUNITY FOUNDATION) 206 1ST ST N MONTGOMERY MN 56069 270441502 501C3 10000 0 MONTGOMERY FARMERS MARKET IN THE PARK NEW FOUNDATIONS SAINT PETER 611 JEFFERSON AVE ST PETER MN 56082 862615110 GOVT/PUBLIC SCHOOL 10000 0 A YOUTH-SERVING COLLABORATIVE OF CHILDREN PROVIDERS AND EARLY CHILDHOOD PROFESSIONALS NEW PRAGUE AREA COMMUNITY EDUCATION - NEW PRAGUE AREA SCHOOLS 410 CENTRAL AVE N SUITE 300 NEW PRAGUE MN 56071 416003815 GOVT/PUBLIC SCHOOL 0 7650 FMV BOOKS CHILDRENS BOOKS DISTRIBUTED THROUGH EARLY CHILDHOOD PROGRAM LITERACY GRANTS NEW PRAGUE ROTARY FOUNDATION PO BOX 92 NEW PRAGUE MN 56071 301090564 501C3 10000 0 CREATION OF PEACE GARDEN NEW ULM ISD 88 - ECFESR 910 14TH ST N NEW ULM MN 56073 416000373 GOVT/PUBLIC SCHOOL 0 7650 FMV BOOKS CHILDRENS BOOKS DISTRIBUTED THROUGH EARLY CHILDHOOD PROGRAM LITERACY GRANTS NORTHFIELD PUBLIC SCHOOLS COMMUNITY EDUCATION 700 LINCOLN PARKWAY NORTHFIELD MN 55057 416008327 GOVT/PUBLIC SCHOOL 10000 11475 FMV BOOKS WRAP-AROUND CHILDCARE FOR STUDENTS ENROLLED IN THE FULL-DAY PRESCHOOL SECTION/CHILDRENS BOOKS DISTRIBUTED THROUGH EARLY CHILDHOOD PROGRAM LITERACY GRANTS PARK NICOLLET FOUNDATION 6500 EXCELSIOR BLVD ST LOUIS PARK MN 55426 237346465 501C3 12000 0 COMMUNITY FUND PROJECT TO EXPAND PROGRAM RESOURCES PRESTON HISTORICAL SOCIETY 305 CHATFIELD AVE NW PRESTON MN 55965 411843934 501C3 10000 0 PLAN, DESIGN, IDENTIFY FUNDING TO ELEVATE THE TRAILHEAD HISTORIC CAMPUS INTO A YEAR ROUND ATTRACTION RED COTTAGE MONTESSORI SCHOOL 5225 HWY 61 3 RED WING MN 55066 273425655 501C3 10000 0 HIRE AND TRAIN AN AID TO WORK IN OUR CHILDREN'S HOUSES (AGES 3-6) TO HELP OUR DIVERSE LEARNERS RED WING ARTS 418 LEVEE STREET RED WING MN 55066 416039135 501C3 17500 0 COMMUNITY FUND PROJECT TO EXPAND PROGRAM RESOURCES RED WING DOWNTOWN MAIN STREET INC 419 BUSH ST RED WING MN 55066 411869035 501C3 15000 0 COMMUNITY FUND PROJECT TO EXPAND PROGRAM RESOURCES RED WING PUBLIC SCHOOLS COMMUNITY EDUCATION COMMUNITY EDUCATION RED WING MN 55066 416001250 GOVT/PUBLIC SCHOOL 6027 0 COMMUNITY FUND PROJECT TO EXPAND PROGRAM RESOURCES RETHOS PLACES REIMAGINED 164 E 3RD ST WINONA MN 55987 411427970 501C3 8000 0 DOWNTOWN ASSESSMENTS IN 3 SMIF COMMUNITIES ROCHESTER COMMUNITY & TECH COLLEGE FDN 851 30TH AVE SE ROCHESTER MN 55904 411687554 GOVT/PUBLIC SCHOOL 20000 0 SUPPORT FOR SBDC AND TECHNICAL ASSISTANCE RUSHFORD-PETERSON SCHOOLS 1000 PINE MEADOWS LN RUSHFORD MN 55971 411655958 GOVT/PUBLIC SCHOOL 9163 0 COMMUNITY FUND PROJECT TO EXPAND PROGRAM RESOURCES SAINT CHARLES PUBLIC SCHOOLS 925 CHURCH AVE SAINT CHARLES MN 55972 416004727 GOVT/PUBLIC SCHOOL 10000 0 PROVIDING AN OPPORTUNITY FOR STUDENTS TO LEARN THE FOUNDATIONAL SKILLS IN READING AND WRITING SLEEPY EYE EARLY CHILDHOOD FAMILY EDUCATION 400 4TH AVE SW SLEEPY EYE MN 56085 416000392 GOVT/PUBLIC SCHOOL 0 5355 FMV BOOKS CHILDRENS BOOKS DISTRIBUTED THROUGH EARLY CHILDHOOD PROGRAM LITERACY GRANTS SPRING GROVE ECONOMIC DEVELOPMENT AUTHORITY 118 1ST AVE NW SPRING GROVE MN 55974 416005553 GOVERNMENT 5500 0 PLACEMAKING INITIATIVE TO SPUR SOCIAL, CULTURAL, AND ECONOMIC ACTIVITY IN DOWNTOWN SPRING GROVE SPRING GROVE PUBLIC SCHOOL 113 2ND AVE NW SPRING GROVE MN 55974 416001501 GOVT/PUBLIC SCHOOL 10000 0 WE WANT TO BRING TOGETHER AND EXPAND THE EARLY LEARNING TO REACH INTO EVERY ENTITY OF OUR COMMUNITY ST JOHN'S LUTHERAN CHURCH 36620 COUNTY 4 BLVD GOODHUE MN 55027 410944600 501C3 20000 0 PROGRAM SUPPORT SUSTAINABLE FARMING ASSOCIATION OF MN 4924 UPTON AVE S MINNEAPOLIS MN 55410 411671891 501C3 10000 0 REVIVING CRSFA CHAPTER THAT PROVIDES VALUED PROGRAMS AND SERVICES TO OUR MEMBERS AND THE BROADER SUSTAINABLE FARMING COMMUNITY AFTER COVID. THREE RIVERS COMMUNITY ACTION INC HEAD START 1414 NORTH STAR DR NORTHFIELD MN 55992 410906178 501C3 0 9180 FMV BOOKS CHILDRENS BOOKS DISTRIBUTED THROUGH EARLY CHILDHOOD PROGRAM LITERACY GRANTS TRI-CITY UNITED EARLY LEARNING 101 2ND ST NE MONTGOMERY MN 56069 453740004 GOVT/PUBLIC SCHOOL 0 9563 FMV BOOKS CHILDRENS BOOKS DISTRIBUTED THROUGH EARLY CHILDHOOD PROGRAM LITERACY GRANTS UNITED SOUTH CENTRAL PUBLIC SCHOOLS 600 11 ST SW WELLS MN 56097 411738058 GOVT/PUBLIC SCHOOL 19000 0 CREATE READERS PROGRAMS IN SCHOOL/CAREER EXPLORATION EVENTS UNITED WAY OF STEELE COUNTY SAFE AND DRUG FREE COALITION 1850 AUSTIN RD STE 103 OWATONNA MN 55060 237366680 501C3 0 8415 FMV BOOKS CHILDRENS BOOKS DISTRIBUTED THROUGH EARLY CHILDHOOD PROGRAM LITERACY GRANTS UNIVERSITY OF NOTRE DAME 1251 N EDDY ST SOUTH BEND IN 466171487 350868188 501C3 11000 0 PROGRAM SUPPORT WELLCOME MANOR FAMILY SERVICES 114 PLEASANT ST W GARDEN CITY MN 56034 208341986 501C3 6750 0 EDUCATING MOTHERS ON THE IMPORTANCE OF POSITIVE PARENTING IN REGARDS TO CHILDREN WHO HAVE EXPERIENCED TRAUMA YWCA MANKATO 127 S 2ND ST 200 MANKATO MN 56001 410711619 501C3 10000 0 ELIMINATE BARRIERS USING THE PARENTS AS TEACHERS CURRICULUM ZUMBRO EDUCATION DISTRICT 2002 MANTORVILLE AVE N BYRON MN 55944 411645079 GOVT/PUBLIC SCHOOL 0 6426 FMV BOOKS CHILDRENS BOOKS DISTRIBUTED THROUGH EARLY CHILDHOOD PROGRAM LITERACY GRANTS 86 0 SCHOLARSHIPS 33 27500 HARDSHIP ASSISTANCE 41 83141 BUSINESS COVID HARDSHIP GRANTS STATE OF MN ALLOCATION 943 10410000 PART I, LINE 2: THE FOUNDATION PROVIDES GRANTS ON AN OPEN APPLICATION BASIS. THE REQUIREMENTS TO APPLY FOR GRANTS ARE POSTED ON THE SMIF WEBSITE, AND ALSO ON THE RFP'S THAT ARE SENT OUT. THE FOUNDATION ALSO PROVIDES ASSISTANCE TO GRANT APPLICANTS AS NEEDED. THE FOUNDATION APPROVES GRANTS BASED ON THE REQUIREMENTS LISTED FOR THE APPLICATION, AND ALSO BASED ON ORGANIZATIONAL GUIDELINES AND BUDGET CONSTRAINTS. THE FOUNDATION REQUIRES THE APPLICANT TO FILL OUT AN APPLICATION AND UPON APPROVAL WILL NOTIFY THE APPLICANT, HAVE THEM SIGN A CONTRACT AND THE FOUNDATION WILL REQUIRE ON-GOING CORRESPONDENCES, SITE VISITS AND FINAL REPORTS DEMONSTRATING DOLLARS WERE SPENT ACCORDING TO THE FOUNDATION GRANT GUIDELINES. X X X X 0 0 0 0 0 0 0 0 0 TIMOTHY PENNY PRESIDENT/CEO 153871 0 0 0 0 0 8694 0 34639 0 197204 0 0 0 X 416208 FMV X 515 125805 FMV 0 0 1 0 PART I, COLUMN (B): REPORTING THE NUMBER OF CONTRIBUTIONS FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS REVIEWED AND APPROVED BY THE FINANCE COMMITTEE. THE 990 IS THEN MADE AVAILABLE FOR THE BOARD MEMBERS TO REVIEW AND THE FINANCE COMMITTEE'S APPROVAL IS RATIFIED BY THE BOARD PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C EACH BOARD MEMBER IS REQUIRED TO SIGN A CONFLICT OF INTEREST FORM YEARLY. ALL BOARD AND COMMITTEE MEETINGS BEGIN WITH THE CONFLICT OF INTEREST STATEMENT "ASKING THE BOARD AS A WHOLE IF THERE ARE ANY CONFLICTS OF INTERESTS." THE EXECUTIVE COMMITTEE MONITORS ANY CONFLICTS ON AN ON-GOING BASIS. IF A CONFLICT EXISTS, THE EXECUTIVE COMMITTEE WILL SEEK LEGAL-COUNCIL ADVICE AND OPINION AND WILL BRING THIS INFORMATION BACK TO THE FULL BOARD FOR REVIEW OR TO MAKE ANY DECISION NEEDED. FORM 990, PART VI, SECTION B, LINE 15A THE EXECUTIVE COMMITTEE OF THE BOARD IS RESPONSIBLE FOR SETTING AND REVIEWING THE PRESIDENT/CEO COMPENSATION AND REVIEW. THE EXECUTIVE COMMITTEE LEADS AN ANNUAL REVIEW OF THE PRESIDENT/CEO AND PRESENTS ITS FINDINGS TO THE BOARD OF DIRECTORS. THE EXECUTIVE COMMITTEE THEN USES BENCHMARK INFORMATION FROM SIMILAR ORGANIZATIONS AND BUDGETING CONSTRAINTS TO SET THE PRESIDENT/CEO'S ANNUAL SALARY INCREASE. THE EXECUTIVE COMMITTEE ALSO, AS NEEDED, USES OUTSIDE CONSULTANTS IN GATHERING THIS DATA. THE PRESIDENT/CEO COMPLETES THE REVIEW PROCESS AND SALARY ADJUSTMENTS FOR ALL SENIOR STAFF ALONG WITH THE VICE PRESIDENT AND CFO. THE INCREASES ARE BASED ON THE BUDGETARY LIMITS AND IN-LINE WITH YEARLY CPI INCREASES. BENCHMARKING DATA IS ALSO GATHERED FROM SIMILAR ORGANIZATIONS AND AN OUTSIDE CONSULTANT IS USED ON AN AS NEEDED BASIS TO DETERMINE RELEVANT BENCHMARKING DATA. THE ORGANIZATION MAINTAINS CONTEMPORANEOUS DOCUMENTATION RELATED TO THE COMPENSATION SETTING PROCESS. FORM 990, PART VI, SECTION C, LINE 19 FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICY AND GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST FOR THE SAME PERIOD OF DISCLOSURE AS SET FORTH IN SECTION 6104(D) FORM 990, PART XI, LINE 9: UNRELATED BUSINESS LOSS 11,070. FORM 990, PAGE 12, PART XII LINE 2C: THE FINANCE COMMITTEE APPROVES AND MANAGES THE AUDITOR SELECTION AND PROCESS YEARLY. THE FINANCE COMMITTEE MEETS WITH THE AUDITOR PRIOR TO ENGAGEMENT TO ANSWER ANY QUESTIONS OR CONCERNS RELATED TO THE UPCOMING AUDIT, AT THAT POINT THE FINANCE COMMITTEE APPROVES THE AUDITOR SELECTION FOR THE YEAR. THE COMMITTEE WILL THEN HAVE ON-GOING COMMUNICATION WITH THE AUDIT TEAM AS NECESSARY AND WILL MEET WITH THE AUDITOR UPON COMPLETION OF THE AUDIT FOR REVIEW AND FINAL APPROVAL OF THE AUDIT REPORT. THE BOARD WILL ALSO, REVIEW AND MEET WITH THE AUDITOR AFTER THE AUDIT IS COMPLETED.