2021-02-09T10:28:57-06:00 2020-06-30 420714325 RSM US LLP 801 NICOLLET MALL WEST TOWER STE 1100 MINNEAPOLIS MN 554022526 990 2019-07-01 363454285 SOUTHERN MINNESOTA INITIATIVE FOUNDATION SOUT 5074553215 525 FLORENCE AVE OWATONNA MN 55060 BRIAN CONZEMIUS VICE PRESIDENT/CFO 5074553215 2021-01-25 1 KACIE MCEWEN P01599614 6123324300 2021-01-25 2019 2022-09-23 18:48:47Z TIMOTHY PENNY 525 FLORENCE AVE OWATONNA MN 55060 24471347 0 X WWW.SMIFOUNDATION.ORG X 1986 MN INVESTS FOR ECONOMIC GROWTH IN THE 20 COUNTIES OF SOUTH CENTRAL AND SOUTHEASTERN MINNESOTA. 13 13 39 13 0 0 3637021 3019110 243813 217150 5542349 -294994 27650 6316 9450833 2947582 2095307 2115508 0 0 1910464 1918511 0 0 191874 1277316 1124254 5283087 5158273 4167746 -2210691 56553709 60294730 6485642 10031699 50068067 50263031 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 1334728 263774 46142 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. 1788166 918593 22310 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. 358268 87720 9905 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 845421 845421 138793 COMMUNITY FOUNDATIONS AND AFFILIATE FUNDS 845421 845421 138793 4326583 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 38 0 1 39 1 0 0 0 0 0 1 1 0 0 0 0 0 0 0 X 13 13 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 1 1 MN X BRIAN CONZEMIUS 5074553215 525 FLORENCE AVE OWATONNA MN 55060 TIMOTHY PENNY PRESIDENT/CEO 40.00 X 155079 0 34558 BRIAN CONZEMIUS VICE PRESIDENT/CFO 40.00 X 126946 0 13133 PAMELA BISHOP VP OF ECONOMIC DEVELOPMENT 40.00 X 104026 0 26494 COREY MENSINK CHAIR 2.00 X 0 0 0 JOHN PETERSON VICE CHAIR 2.00 X 0 0 0 CYNTHIA SCHEID TREASURER 2.00 X 0 0 0 LISA HUGHES SECRETARY 2.00 X 0 0 0 CASSIE HARRINGTON MEMBER AT LARGE 2.00 X 0 0 0 ADENUGA ATEWOLOGUN MEMBER AT LARGE 2.00 X 0 0 0 JAKE ANDERSON DIRECTOR 2.00 X 0 0 0 CARISSA BUEGLER DIRECTOR 2.00 X 0 0 0 XAVIER FRIGOLA DIRECTOR 2.00 X 0 0 0 SUSAN HARRIS DIRECTOR` 2.00 X 0 0 0 ERIN MEIER DIRECTOR 2.00 X 0 0 0 CHRIS SCHAD DIRECTOR 2.00 X 0 0 0 SHAWN VOGT SWEEN DIRECTOR 2.00 X 0 0 0 386051 0 74185 3 0 1 0 0 13350 600620 2405140 571048 3019110 LOAN INTEREST 900099 142747 142747 OTHER INCOME 900099 74403 74403 217150 1093380 1093380 20115286 21503660 -1388374 -1388374 -1388374 26421 13350 20105 6316 6316 2947582 217150 0 -288678 2007283 2007283 108225 108225 337296 251089 60555 25652 1276433 990480 186089 99864 47095 35058 8455 3582 150999 112406 27109 11484 106688 65742 31732 9214 6077 5573 504 33898 4526 29372 227942 227942 276864 246320 25980 4564 31599 21795 831 8973 125110 105756 8127 11227 41739 34401 5079 2259 5872 4345 893 634 43789 29532 9619 4638 26772 23654 463 2655 7199 7199 30390 22487 4622 3281 23960 20322 1556 2082 BAD DEBTS 108590 108590 OPERATING EXPENSES 101330 95611 5295 424 JANITORIAL & MAINTENANC 22350 18539 3811 DUES AND SUBSCRIPTIONS 10773 7650 1782 1341 5158273 4326583 639816 191874 3640876 4437988 1426147 281630 2704761 3878977 37194 20612 1094613 604707 514063 489906 47896002 50847130 334666 338487 56553709 60294730 201174 164346 21375 13300 53661 1760675 2049940 3678290 4159492 4415088 6485642 10031699 X 16239889 16740835 33828178 33522196 50068067 50263031 56553709 60294730 -2210691 2404673 982 0 X X 0 1 X 1 1 1 X 4426529 6170191 4394846 3637021 3019110 21647697 4426529 6170191 4394846 3637021 3019110 21647697 5524767 16122930 677512 666400 1057562 1170275 1093380 4665129 27650 6316 33966 26346792 1128642 0.61200 0.61090 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 0 1 0 0 1 2944 0 0 2944 0 PART II-B, LINE 1: SUPPORT FOR EARLY CHILDHOOD AND ECONOMIC DEVELOPMENT PROGRAMS 10 51280 102388 2944051 1 1 38790595 832429 1521922 1337780 39807166 37308295 1344200 1439538 1301438 38790595 35185071 868288 2506504 1251568 37308295 31115350 633376 3537930 101585 35185071 32125746 874139 -588445 1296090 31115350 0.31100 0.57000 0.11900 0 0 68687 68687 744825 355875 388950 11313 11313 0 269788 237519 32269 489906 OTHER INVESTMENTS 50847130 F 50847130 REFUNDABLE ADVANCES 375559 LINE OF CREDIT 3502 ASSETS HELD FOR OTHERS 4036027 4415088 X 5145400 2404673 982 2405655 2739745 227942 -20105 207837 2947582 4950436 20105 20105 4930331 227942 227942 5158273 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, 2020, 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, 2020 OR 2019. 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, 2017. PART XI, LINE 4B - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES -20,105. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 20,105. CHIPPE SHOPPE 21851 21851 12415 CARE 17920 13350 4570 4130 2999 561 39771 13350 26421 4130 2999 561 12415 20105 6316 1 A CHANCE TO GROW 1800 2ND ST NE MINNEAPOLIS MN 55418 411444113 501C3 15000 TRANSFORMING LEARNING READINESS IN SOUTHERN MINNESOTA BLUE EARTH COUNTY 1235 CALEDONIA ST MANKATO MN 56001 416005763 GOVERNMENT 26758 VETERANS MEMORIAL - HWY 22 VICTORY DRIVE PROJECT BROWN COUNTY PUBLIC HEALTH 1117 CENTER ST NEW ULM MN 56073 416005765 GOVERNMENT 7130 FMV BOOKS LITERACY GRANT - CHILDRENS BOOKS BYRON PUBLIC SCHOOLS 630 1ST AVE NW BYRON MN 55920 416002825 SCHOOL/EDUCATION 10075 FMV BOOKS LITERACY GRANT - CHILDRENS BOOKS CITY OF BLUE EARTH 125 7TH ST E BLUE EARTH MN 560130038 416004991 GOVERNMENT 26563 MUSICAL INSTRUMENT FOR COMMUNITY PARK CITY OF FAIRMONT 100 DOWNTOWN PLAZA FAIRMONT MN 56031 416005147 GOVERNMENT 9433 COMMUNITY CENTER FEASBILITY CITY OF HARMONY 225 3RD AVE SW HARMONY MN 559390488 416005218 GOVERNMENT 7567 COMMUNITY FOUNDATION SUPPORT FOR NORTH PARK BASKETBALL COURT UPGRADE CITY OF PLAINVIEW 241 BROADWAY W PLAINVIEW MN 559641253 411650465 GOVERNMENT 7500 COMMUNITY FOUNDATION SUPPORT FOR COMMUNITY DOG PARK CITY OF WABASHA 900 HIAWATHA DR E WABASHA MN 559810262 416005601 GOVERNMENT 11500 POOL PASSESFOR COMMUNITY POOL/COMMNITY ENHAHCEMENT GRANTS FREEBORN COUNTY PUBLIC HEALTH 411 S BROADWAY ALBERT LEA MN 56007 416005795 GOVERNMENT 6200 FMV BOOKS LITERACY GRANT - CHILDRENS BOOKS KASSON-MANTORVILLE SCHOOLS 101 16TH ST NE KASSON MN 55944 416008530 SCHOOL/EDUCATION 9000 CHILD CARE START UP/EXPANSION KINGSLAND PUBLIC SCHOOLS 705 SECTION AVE N SPRING VALLEY MN 55975 411740007 SCHOOL/EDUCATION 6200 FMV BOOKS LITERACY GRANT - CHILDRENS BOOKS KIWANIS CLUB OF MANKATO FOUNDATION PO BOX 733 MANKATO MN 56002 411908825 501C3 78275 FMV BOOKS LITERACY GRANT - CHILDRENS BOOKS MN STATE UNIVERSITY-MANKATO 150 MORRIS HALL MANKATO MN 56001 411687554 SCHOOL/EDUCATION 20000 ECONOMIC DEVELOPMENT - WOMEN MEAN BUSINESS MN VALLEY ACTION COUNCIL 706 VICTORY DR N MANKATO MN 56001 416050353 501C3 6898 FMV BOOKS LITERACY GRANT - CHILDRENS BOOKS NEW PRAGUE AREA EARLY CHILDHOOD INITIATIVE 410 CENTRAL AVE N NEW PRAGUE MN 56071 416003815 SCHOOL/EDUCATION 6355 FMV BOOKS LITERACY GRANT - CHILDRENS BOOKS NEW ULM PUBLIC SCHOOLS 910 14TH ST N NEW ULM MN 56073 416000373 SCHOOL/EDUCATION 7750 FMV BOOKS LITERACY GRANT - CHILDRENS BOOKS NORTHFIELD AREA FAMILY YMCA 1501 HONEYLOCUST DR NORTHFIELD MN 55057 593817686 501C3 5000 SUPPORT FOR LOCAL FAMILY PROGRAMS NORTHFIELD PUBLIC SCHOOLS 201 ORCHARD ST S NORTHFIELD MN 55057 416008327 SCHOOL/EDUCATION 11625 FMV BOOKS EARLY CHILDHOOD NAVIGATORS/RICE COUNTY EARLY CHILDHOOD DENTAL NETWORK RED WING DOWNTOWN MAIN STREET INC 419 BUSH ST RED WING MN 55066 411869035 501C3 5000 SUPPORT FOR DOWNTOWN PUBLIC ART PROJECT ROCHESTER AREA FAMILY YMCA 2364 VALLEYHIGH DR NW ROCHESTER MN 55901 452563299 501C3 5270 FMV BOOKS LITERACY GRANT - CHILDRENS BOOKS SEMCAC HEAD START 204 ELM ST S RUSHFORD MN 55971 410907135 501C3 5735 FMV BOOKS LITERACY GRANT - CHILDRENS BOOKS SIBLEY COUNTY PUBLIC HEALTH AND HUMAN SERVICES 111 8TH ST GAYLORD MN 55334 416005897 GOVERNMENT 6588 LITERACY CRANT - CHILDRENS BOOKS SLEEPY EYE PUBLIC SCHOOLS 400 4TH AVE SW SLEEPY EYE MN 56085 416000392 SCHOOL/EDUCATION 6200 FMV BOOKS LITERACY GRANT - CHILDRENS BOOKS SOUTHERN MN EDUCATION CONSORTIUM 710 4TH AVE NE GRAND MEADOW MN 55936 270630742 SCHOOL/EDUCATION 8060 FMV BOOKS LITERACY GRANT - CHILDRENS BOOKS STEELE COUNTY PUBLIC HEALTH 635 FLORENCE AVE OWATONNA MN 55060 416005901 GOVERNMENT 5425 FMV BOOKS LITERACY GRANT - CHILDRENS BOOKS THREE RIVERS COMMUNITY ACTION INCORPORATED 1651 JEFFERSON PKWY NORTHFIELD MN 55057 410906178 501C3 12400 FMV BOOKS LITERACY GRANT - CHILDRENS BOOKS TRI-CITY UNITED PUBLIC SCHOOLS 101 2ND ST NE MONTGOMERY MN 56069 453740004 SCHOOL/EDUCATION 6588 FMV BOOKS LITERACY GRANT - CHILDRENS BOOKS WATONWAN COUNTY HEALTH AND HUMAN SERVICES 715 2ND AVE S ST JAMES MN 56081 416005922 GOVERNMENT 6975 FMV BOOKS LITERACY GRANT - CHILDRENS BOOKS AB SEE PRESCHOOL AND EARLY LEARNING CENTER 5477 311TH ST CANNON FALLS MN 55009 OTHER/EDUCATION 9000 CHILD CARE START-UP OR EXPANSION GRANT ALBERT LEA AREA SCHOOLS 211 RICHWAY DR W ALBERT LEA MN 56007 416001171 SCHOOL/EDUCATION 6200 FMV BOOKS LITERACY GRANT - CHILDRENS BOOKS ALBERT LEA ECONOMIC DEVELOPMENT AGENCY 132 BROADWAY AVE N ALBERT LEA MN 56007 416004922 GOVERNMENT 10000 COMMUNITIES ADDRESSING THE CHILD CARE SHORTAGE ALINA HEALTHOWATONNA HOSPITAL FOUNDATION 2250 26TH ST NW OWATONNA MN 55060 274116873 501C3 8525 FMV BOOKS LITERACY GRANT - CHILDRENS BOOKS AMBROY AREA COMMUNITY CLUB PO BOX 443 AMBOY MN 56010 562465736 501C6 10000 REINVENTING HISTORIC DOWNTOWN AMBOY AUSTIN ASPIRES 301 MAIN ST N STE 104 AUSTIN MN 55912 465424422 501C3 6200 FMV BOOKS LITERACY GRANT - CHILDRENS BOOKS AUSTIN PUBLIC SCHOOLS 401 3RD ST NW AUSTIN MN 55912 416002526 SCHOOL/EDUCATION 7750 FMV BOOKS LITERACY GRANT - CHILDRENS BOOKS BLUE EARTH ECONOMIC DEVELOPMENT 125 6TH ST W BLUE EARTH MN 56013 416004991 GOVERNMENT 10000 ECONOMIC DEVELOPMENT - SHOP BLUE EARTH & RURAL ENTEPRENEURIAL VENTURE BUILDING BLOCKS CHILDCARE & LEARNING CENTER 469 12TH ST RED WING MN 55066 833750903 OTHER/EDUCATION 6000 CHILD CARE START-UP OR EXPANSION GRANT BYRON PUBLIC SCHOOLS 1887 2ND AVE NW BYRON MN 559206035 416002825 SCHOOL/EDUCATION 6250 OUTDOOR GRADUATION CEREMONY/COVID-19 RELIEF FUNDING CHILD CARE CENTER OF MAPLETON INCORPORATED 60 MAIN ST E MAPLETON MN 560650515 411267511 501C3 10000 CHILD CARE START-UP OR EXPANSION GRANT CITY OF BLUE EARTH 125 6TH ST W BLUE EARTH MN 560130038 416004991 GOVERNMENT 37753 POOL SLIDE FOR COMMUNITY POOL CITY OF EAGLE LAKE 705 PARKWAY AVE EAGLE LAKE MN 56024 416005110 GOVERNMENT 5000 MUSIC IN THE PARK CITY OF EAGLE LAKE 705 PARKWAY AVE EAGLE LAKE MN 56024 416005110 GOVERNMENT 10000 COMMUNITIES ADDRESSING THE CHILD CARE SHORTAGE CITY OF ELLENDALE 106 6TH AVE W ELLENDALE MN 56026 416005127 GOVERNMENT 18000 COMMUNITY KITCHEN REMODEL CITY OF FAIRMONT 100 DOWNTOWN PLAZA FAIRMONT MN 56031 416005147 GOVERNMENT 124136 FAIRMONT ADVENTURE PLAYGROUND FUND CITY OF GRAND MEADOW 112 GRAND AVE E GRAND MEADOW MN 55936 416005198 GOVERNMENT 6300 GRAND MEADOW CIVIC GATHERINGS CITY OF KASOTA 200 WEBSTER ST N KASOTA MN 56050 411233431 GOVERNMENT 10000 ECONOMIC DEVELOPMENT - GROWING BETTER TOGETHER CITY OF SAINT JAMES 124 ARMSTRONG BLVD S ST JAMES MN 56081 416005517 GOVERNMENT 20000 EQUITABLE ACCESS TO BUSINESS CONSULTING IN SOUTHERN MN CITY OF ST CHARLES 830 WHITEWATER AVE ST CHARLES MN 55972 416005513 GOVERNMENT 24127 COMMUNITY FOUNDATION SUPPORT FOR COMMUNITY GATHERING GREEN SPACE CITY OF WANAMINGO 401 MAIN ST WANAMINGO MN 55983 416005614 GOVERNMENT 34181 COMMUNITY VETERANS MEMORIAL CULTIVATE MAANKATO 227 MAIN ST MANKATO MN 56001 830727659 501C3 10000 CHILD CARE START-UP OR EXPANSION GRANT DISCOVER TREE CHILDCARE CENTER LLC 1363 HOMER RD WINONA MN 55987 822619753 501C3 9000 CHILD CARE START-UP OR EXPANSION GRANT DISCOVER FAITH COMMUNITY PO BOX 172 LANESBORO MN 55949 411476740 501C3 6625 SHARING FUND/COVID-19 RELIEF FUNDING DODGE COUNTY ECONOMIC DEVELOPMENT AUTHORITY 721 MAIN ST N MANTOVILLE MN 55955 416005790 GOVERNMENT 9200 HISPANIC ECONOMIC DEVELOPMENT OUTREACH ELLENDALE AREA FOOD SHELF UNITED METHODIST CHURCH PO BOX 331 GENEVA MN 56035 501C3 6250 COVID-19 RELIEF FUNDING FOR COMMUNITY FOOD SHELF FAIRMONT AREA SCHOOLS 714 VICTORIA ST FAIRMONT MN 56031 411833686 SCHOOL/EDUCATION 6200 FMV BOOKS LITERACY GRANT - CHILDRENS BOOKS FARIBAULT PUBLIC SCHOOLS 930 4TH AVE NW FARIBAULT MN 55021 416003618 SCHOOL/EDUCATION 10850 FMV BOOKS LITERACY GRANT - CHILDRENS BOOKS FILLMORE CENTRAL SCHOOL DISTRICT 702 CHATFIELD AVE NW PRESTON MN 55965 411809022 SCHOOL/EDUCATION 7209 COMMUNITY FOUNDATION SUPPORT FOR STUDENT PROGRAMS FILLMORE COUNTY PUBLIC HEALTH DEPARTMENT 902 HOUSTON ST NW STE 2 PRESTON MN 55965 416005794 GOVERNMENT 6200 FMV BOOKS LITERACY GRANT - CHILDRENS BOOKS GIBBON FAIRFAX WINTHROP SCHOOLS 323 11TH ST E GIBBON MN 55335 411721703 SCHOOL/EDUCATION 5038 FMV BOOKS LITERACY GRANT - CHILDRENS BOOKS GREENSEAM 3 CIVIC CENTER PL STE 100 MANKATO MN 56001 363454285 501C3 50000 SUPPORT TO CONNECT THE REGION'S EXTENSIVE AGRICULTURAL BUSINESS ASSETS AND NETWORK GUARDIAN ATHLETICS 1409 N RIVERFRONT DR SUITE 201 MANKATO MN 56001 843373925 OTHER 5000 MN CUP AWARD HISPANIC ADVOCACY & COMMUNITY EMPOWERMENT THROUGH RESEARCH 155 WABASHA AVE S STE 110 ST PAUL MN 55107 411900934 501C3 19993 ECONOMIC DEVELOPMENT - CREANDO ANDO (CREATE AND ADVANCE) JR'S ACADEMY 120 BIRKDALE DR MANKATO MN 56001 833253516 OTHER/EDUCATION 8000 CHILD CARE START UP/EXPANSION KENYON-WANAMINGO SCHOOLS 225 3RD AVE WANAMINGO MN 55983 411780357 SCHOOL/EDUCATION 16258 CHILD CARE START-UP OR EXPANSION GRANT KENYON-WANAMINGO SCHOOLS 225 3RD AVE WANAMINGO MN 55983 411780357 SCHOOL/EDUCATION 6975 FMV BOOKS LITERACY GRANT - CHILDRENS BOOKS KORTNEY ADAMS - SAINT JOHN LUTHERAN DAYCARE 137 HOUK ST GOOD THUNDER MN 56037 410711487 OTHER/EDUCATION 5000 CHILD CARE START-UP OR EXPANSION GRANT LE SUEUR-HENDERSON PUBLIC SCHOOLS 115 1/2 FIFTH ST N LE SUEUR MN 56058 411716943 SCHOOL/EDUCATION 6975 FMV BOOKS LITERACY GRANT - CHILDRENS BOOKS LISTOS PRESCHOOL AND CHILDCARE 1503 2ND AVE NE ROCHESTER MN 55906 410846795 OTHER/EDUCATION 10000 CHILD CARE START-UP OR EXPANSION GRANT LITTLE LAKERS EARLY LEARNING CENTER 50100 224TH ST LAKE CRYSTAL MN 56055 831392838 OTHER/EDUCATION 10000 CHILD CARE START-UP OR EXPANSION GRANT LITTLE SPROUTS LEARNING CENTER 500 4TH AVE SW SLEEPY EYE MN 56085 844382693 OTHER/EDUCATION 9000 CHILD CARE START-UP OR EXPANSION GRANT MADELIA STRONG INC PO BOX 100 MADELIA MN 56062 811422448 501C3 8775 COMMUNITY FOUNDATION SUPPORT FOR COUNTY FOOD SHELF MAPLE RIVER CHAMBER OF COMMERCE PO BOX 288 MAPLETON MN 56065 411855221 501C6 5219 SNOWFLAKE DAZZLE COMMUNITY CELEBRATION MAPLE RIVER LOAVES AND FISHES FOOD SHELF 104 N CENTRAL AVE MAPLETON MN 56065 455336214 501C3 5000 COVID-19 RELIEF FUNDING FOR COMMUNITY MONSTER BASH INC 155 4TH AVE SE HARMONY MN 55939 814430355 501C3 6250 COVID-19 RELIEF FUNDING FOR COMMUNITY MONTGOMERY ECONOMIC DEVELOPMENT AUTHORITY 206 1ST ST S MONTGOMERY MN 56069 416005383 GOVERNMENT 5000 COVID-19 RELIEF/E-COMMERCE ASSISTANCE FOR MONTGOMERY BUSINESSES OLMSTED COUNTY PUBLIC HEALTH SERVICES 2100 CAMPUS DR SE ROCHESTER MN 55904 416005859 GOVERNMENT 6975 FMV BOOKS LITERACY GRANT - CHILDRENS BOOKS PARENTING RESOURCE CENTER INCORPORATED 105 1ST ST SE STE A AUSTIN MN 55912 411307920 501C3 5425 FMV BOOKS LITERACY GRANT - CHILDRENS BOOKS PARK NICOLLET FOUNDATION 6500 EXCELSIOR BLVD ST LOUIS PARK MN 55426 237346465 501C3 7000 LOVE & LEGACY CAMPAIGN PLAINVIEW ELGIN AREA FOOD SHELF PO BOX 274 ELGIN MN 55932 421654116 501C3 8000 COVID-19 RELIEF FUNDING FOR COMMUNITY PLAINVIEW ELGIN MILLVILLE COMMUNITY SCHOOL DISTRICT 500 BROADWAY W PLAINVIEW MN 55964 331134777 SCHOOL/EDUCATION 11935 COMMUNITY FOUNDATION SUPPORT FOR STUDENT PROGRAMS PRESTON AREA ARTS COUNCIL PO BOX 317 PRESTON MN 55965 204945615 501C3 5000 VETERANS CEMETARY STAINED GLASS ARTWORK PRESTON ECONOMIC DEVELOPMENT AUTHORITY 210 FILLMORE ST W PRESTON MN 55965 416005468 GOVERNMENT 10700 LOCAL EDA EMERGENCY LOAN PROGRAM/COMMUNITIES ADDRESSING CHILD CARE SHORTAGE RED WING IGNITE 419 BUSH ST RED WING MN 55066 461469707 501C3 20000 ECONOMIC DEVELOPMENT - IGNITING INNOVATION IN RURAL MINNESOTA RED WING INNOVATION INCUBATOR 312 WEST AVE RED WING MN 55066 474656092 501C3 5000 FUNDING SUPPORT FOR BIG TURN MUSIC FEST REGENTS OF THE UNIVERSITY OF MN 200 OAK ST SE STE 450 MINNEAPOLIS MN 55455 416007513 SCHOOL/EDUCATION 15051 ECONOMIC DEVELOPMENT - ENHANCING READINESS FOR BUSINESS SUCCESSION RENEWING THE COUNTRYSIDE 2637 27TH AVE S STE 17 MINNEAPOLIS MN 55406 200189339 501C3 20000 LOCAL FOODS GROW-A-FARMER GRANT ASSISTANCE PROGRAM RURAL RENAISSANCE PROJECT 530 RIVERFRONT DR N STE 260 MANKATO MN 56001 830645699 501C3 10000 ECONOMIC DEVELOPMENT - THREE SISTERS PROJECT - RENOVATIONS RUSHFORD-PETERSON SCHOOLS 1000 PINE MEADOWS LN RUSHFORD MN 55971 411655958 SCHOOL/EDUCATION 18522 COMMUNITY FOUNDATION SUPPORT FOR STUDENT PROGRAMS SAINT CHARLES PUBLIC SCHOOLS 600 6TH ST E ST CHARLES MN 55972 416004727 SCHOOL/EDUCATION 10000 IT TAKES A VILLAGE: ST CHARLES VISION 20/20 SAINT JAMES COMMUNITY CHILD CARE 500 3RD AVE S ST JAMES MN 56081 416004625 SCHOOL/EDUCATION 9000 CHILD CARE START-UP OR EXPANSION GRANT SAINT JAMES PUBLIC SCHOOLS 500 3RD AVE S ST JAMES MN 56081 416004625 SCHOOL/EDUCATION 20000 COMMUNITIES ADDRESSING THE CHILD CARE SHORTAGE SAINT PAUL'S EVANGELICAL LUTHERAN CHURCH 304 MONROE AVE NORTH MANKATO MN 56003 410834570 501C3 11269 FMV BOOKS LITERACY GRANT - CHILDRENS BOOKS SAINT PETER COMMUNITY CHILDCARE PROGRAM 600 5TH ST S STE 125 ST PETER MN 56081 261170295 501C3 11439 FMV BOOKS LITERACY GRANT - CHILDRENS BOOKS SEMCAC 204 ELM ST S RUSHFORD MN 559710549 410907135 501C3 7250 MEAL DELIVERY BAGS/SENIOR DINING SOUTH TROY WESLEYAN CHURCH 56817 HWY 63 ZUMBRO FALLS MN 55991 501C3 6250 ZUMBRO VALLEY FOOD SHELF COVID-19 RELIEF FUNDING SUSTAINABLE FARMING ASSOCIATION OF MN 4924 UPTON AVE S MINNEAPOLIS MN 55410 411671893 501C3 10000 LOCAL FOODS GROW-A-FARMER GRANT ASSISTANCE PROGRAM TAKARA KIDS CLUBHOUSE DAYCARE CENTER AND PRESCHOOL 900 4TH ST SW WASECA MN 56093 831154467 OTHER 8000 CHILD CARE START-UP OR EXPANSION GRANT UNITED WAY OF GOODHUE WABASHA & PIERCE COUNTIES 1755 OLD WEST MAIN ST STE 101 RED WING MN 550660319 416043633 501C3 10000 COVID-19 RELIEF FUNDING FOR COMMUNITY UNITED WAY OF GOODHUE WABASHA & PIERCE COUNTIES 1755 OLD WEST MAIN ST STE 101 RED WING MN 550660319 416043633 501C3 13175 FMV BOOKS LITERACY GRANT - CHILDRENS BOOK WABASHA COUNTY DEVELOPMENTAL ACHIEVMENT CENTER 611 BROADWAY AVE STE 110 WABASHA MN 559810262 410957876 501C3 10491 COVID-19 RELIEF FUNDING FOR COMMUNITY WELLS ECONOMIC DEVELOPMENT AUTHORITY 125 BROADWAY S WELLS MN 56097 411744313 GOVERNMENT 10000 COMMUNITIES ADDRESSING THE CHILD CARE SHORTAGE WINONA PUBLIC LIBRARY 151 5TH ST W WINONA MN 55987 416005651 GOVERNMENT 6200 FMV BOOKS LITERACY GRANT - CHILDRENS BOOKS WINONA-FILLMORE COUNTIES HABITAT FOR HUMANITY 126 BAKER ST N WINONA MN 55987 411755549 501C3 6235 SUPPORT FOR LOCAL HOUSING INITIATIVES YOUTH FIRST 714 VICTORIA ST FAIRMONT MN 56031 200671259 501C3 5425 FMV BOOKS LITERACY GRANT - CHILDRENS BOOKS 93 12 SCHOLARSHIPS 47 45500 HARDSHIP ASSISTANCE 37 62725 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 155079 0 0 0 0 0 8694 0 32328 0 196101 0 0 0 X 467943 FMV X 1 103105 FMV 0 0 1 0 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. 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 15 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 AND AS NEEDED BASIS TO DETERMINE RELEVANT BENCHMARKING DATA. 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, 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.