2020-06-15T12:07:38-05:00 2019-12-31 410746749 CLIFTONLARSONALLEN LLP 220 S 6TH STREET SUITE 300 MINNEAPOLIS MN 55402 990 2019-01-01 465531485 FOLDS OF HONOR FOUNDATION MINNESOTA INC FOLD 6122475906 372 FERNDALE ROAD SOUTH WAYZATA MN 55391 PERRY SCHMIDT PRESIDENT 9182744700 2020-06-10 1 JENNIFER TINGLEY P01485570 6123764500 2020-06-10 66.41.31.27 2020-06-10 11:37:50 CD P 39A38752E48E75A0874353861A054000DD5125B5 B2546B713F7E481D53EBD38AC5C56AAB7076177B 2019 2020-11-19 02:30:22Z PERRY SCHMIDT 372 FERNDALE ROAD SOUTH WAYZATA MN 55391 1450758 0 X HTTP://MINNESOTA.FOLDSOFHONOR.ORG X 2014 MN TO RAISE FUNDS FOR THE FOLDS OF HONOR FOUNDATION WHICH PROVIDES FINANCIAL ASSISTANCE FOR EDUCATION TO SPOUSES AND CHILDREN OF AMERICA'S FALLEN AND DISABLED SERVICE MEMBERS. 12 12 1 50 0 0 630732 826016 0 0 0 50549 42403 147495 673135 1024060 375000 600000 0 0 83376 76619 0 0 6003 184849 134420 643225 811039 29910 213021 466713 674914 980 58 465733 674856 X THE FOLDS OF HONOR FOUNDATION IS RALLYING A NATION TO ENSURE NO FAMILY IS LEFT BEHIND IN THE FIGHT TO PRESERVE AMERICAN FREEDOM. THROUGH SCHOLARSHIPS AND OTHER ASSISTANCE, WE GIVE BACK TO THE SPOUSES AND CHILDREN OF SOLDIERS KILLED OR DISABLED IN SERVICE TO OUR COUNTRY. WE PROVIDE HEALING, HOPE AND AN OPPORTUNITY FOR DREAMS TO BE REALIZED WITH THE SUPPORT OF PEOPLE LIKE YOU. WE FEEL THIS IS OUR DUTY AS CITIZENS OF THE GREATEST COUNTRY IN THE WORLD. 0 0 695302 600000 0 THE FOLDS OF HONOR FOUNDATION IS RALLYING A NATION TO ENSURE NO FAMILY IS LEFT BEHIND IN THE FIGHT TO PRESERVE AMERICAN FREEDOM. THROUGH SCHOLARSHIPS AND OTHER ASSISTANCE, WE GIVE BACK TO THE SPOUSES AND CHILDREN OF SOLDIERS KILLED OR DISABLED IN SERVICE TO OUR COUNTRY. WE PROVIDE HEALING, HOPE AND AN OPPORTUNITY FOR DREAMS TO BE REALIZED WITH THE SUPPORT OF PEOPLE LIKE YOU. WE FEEL THIS IS OUR DUTY AS CITIZENS OF THE GREATEST COUNTRY IN THE WORLD. 695302 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 12 12 1 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 0 1 0 MN X PERRY SCHMIDT 6122475906 372 FERNDALE ROAD SOUTH WAYZATA MN 55391 X PERRY SCHMIDT PRESIDENT 4.00 X X 0 0 0 ANNE SCHMIDT SECRETARY 4.00 X X 0 0 0 ROBERT CRON TREASURER 1.00 X X 0 0 0 TONY AHL DIRECTOR 1.00 X 0 0 0 STEVE ANDERSON DIRECTOR 1.00 X 0 0 0 MATT FRAUENSHUH DIRECTOR 1.00 X 0 0 0 JASON KORSTANGE DIRECTOR 1.00 X 0 0 0 DAN OTIS DIRECTOR 1.00 X 0 0 0 JOHN POHLAD DIRECTOR 1.00 X 0 0 0 JOHN RUSSETT DIRECTOR 1.00 X 0 0 0 CHRIS SCHWARTZBAUER DIRECTOR 1.00 X 0 0 0 PAUL TAUNTON DIRECTOR 1.00 X 0 0 0 0 0 0 0 0 0 0 0 693799 132217 2524 826016 50549 50549 568320 693799 426698 141622 141622 5873 0 5873 5873 1024060 0 0 198044 600000 600000 66500 66500 5032 5032 5087 5087 40 40 18891 18891 84664 442 82615 1607 19569 8674 8086 2809 5902 5730 172 626 626 4260 3211 1049 468 102 366 811039 695302 109734 6003 109879 124132 0 97 1967 4386 6602 969 3129 2190 1565 939 346700 544391 466713 674914 980 58 980 58 X 0 0 0 0 465733 674856 465733 674856 466713 674914 213021 -3898 0 X 0 0 0 X 623612 674667 732092 630732 826016 3487119 623612 674667 732092 630732 826016 3487119 336189 3150930 1514 15505 50549 67568 6200 1185 67 7452 3562139 1678300 0.88460 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS INCOME RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3129 2190 939 939 GOLF OUTING 520025 355800 164225 9186 65635 89416 CONCERT 469617 84617 385000 9486 180483 2 272477 253382 19095 72492 1262119 693799 568320 9186 75121 342391 426698 141622 1 FOLDS OF HONOR NATIONAL 401 CONGRESS AVENUE SUITE 3050 AUSTIN TX 78701 753240683 501(C)(3) 600000 0 N/A N/A EDUCATIONAL SCHOLARSHIPS 1 0 PART I, LINE 2: FOLDS OF HONOR MINNESOTA IS A CHAPTER OF THE FOLDS OF HONOR NATIONAL ORGANIZATION. GRANTS AND ASSISTANCE ARE FORWARDED DIRECTLY TO THE NATIONAL ORGANIZATION, AND SCHOLARSHIPS AND AWARDS ARE ISSUED THROUGH THE NATIONAL ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 2 PERRY AND ANNE SCHMIDT - FAMILY RELATIONSHIP FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION DOES NOT HAVE ANY COMMITTEES THAT HAVE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 WAS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM AND WAS REVIEWED AND APPROVED BY THE BOARD PRESIDENT. A COPY WAS PROVIDED TO ALL BOARD MEMBERS FOR REVIEW PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICTS OF INTEREST, AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE AND NATURE OF HIS OR HER FINANCIAL INTEREST OR FIDUCIARY RESPONSIBILITY AND ALL MATERIAL FACTS TO THE DIRECTORS AND MEMBERS OF COMMITTEES WITH BOARD-DELEGATED POWERS CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENTS. AFTER DISCLOSURE OF THE FINANCIAL INTEREST OR FIDUCIARY RESPONSIBILITY AND ALL MATERIAL FACTS, AND AFTER ANY DISCUSSION WITH THE INTERESTED PERSON, IF REQUESTED, HE OR SHE SHALL LEAVE THE BOARD OR COMMITTEE MEETING WHILE THE FINAL DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON. THE REMAINING BOARD OR COMMITTEE MEMBERS SHALL DECIDE IF A CONFLICT OF INTEREST EXISTS. AN INTERESTED PERSON MAY MAKE A FACTUAL PRESENTATION AT THE BOARD OR COMMITTEE MEETING, BUT AFTER SUCH PRESENTATION, IF REQUESTED, HE OR SHE SHALL LEAVE THE MEETING DURING THE DISCUSSION OF, AND THE VOTE ON, THE TRANSACTION OR ARRANGEMENT THAT RESULTS IN THE CONFLICT OF INTEREST. AN INTERESTED PERSON SHALL NOT ACTIVELY PARTICIPATE IN THE DISCUSSION OF, OR VOTE ON, THE TRANSACTION OR ARRANGEMENT THAT RESULTS IN THE CONFLICT OF INTEREST, EITHER FORMALLY AT A BOARD OR COMMITTEE MEETING OR INFORMALLY THROUGH CONTACT WITH INDIVIDUAL BOARD OR COMMITTEE MEMBERS. ALL PROCEEDINGS ARE DOCUMENTED IN THE MEETING MINUTES. FORM 990, PART VI, SECTION B, LINE 15B THE COMPENSATION AND BONUSES OF THE EMPLOYEE ARE REVIEWED ANNUALLY BY THE BOARD OF DIRECTORS. SALARY IS ESTABLISHED BASED ON THE COMPARATIVE DATA. ALL RELEVANT INFORMATION IS DOCUMENTED IN THE MINUTES OF THE MEETING. FORM 990, PART VI, SECTION C, LINE 19 THE FOUNDATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.