2020-07-14T15:58:38-05:00 2019-06-30 411534805 CARPENTER EVERT & ASSOCIATES LTD 7760 FRANCE AVE S SUITE 940 BLOOMINGTON MN 55435 990 2018-07-01 363567019 PHILANTHROFUND FOUNDATION PHIL 6128701806 2801 21ST AVENUE SOUTH NO 132B MINNEAPOLIS MN 55407 RALPH WYMAN TREASURER 6128701806 2020-07-14 1 MARC COLIN P00560855 9528310085 2020-07-14 50.244.212.29 2020-07-14 12:24:40 CD P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 6C9B1A35775087DBDB8A6D25ECA509C7F6C27838 2018 2021-01-29 14:40:06Z RALPH WYMAN 2801 21ST AVENUE SOUTH NO 132B MINNEAPOLIS MN 55407 1211471 0 X WWW.PFUNDFOUNDATION.ORG X 1987 MN SEE SCHEDULE O.PFUND FOUNDATION IS A VITAL RESOURCE AND COMMUNITY BUILDER FOR LESBIAN, GAY, BISEXUAL, TRANSGENDER, QUEER AND ALLIED COMMUNITIES BY PROVIDING GRANTS AND SCHOLARSHIPS, DEVELOPING LEADERS, AND INSPIRING GIVING. 9 9 5 25 0 0 441742 408483 3515 0 34594 47002 14400 2257 494251 457742 58400 0 0 0 248422 242946 0 0 99069 232917 286743 539739 529689 -45488 -71947 981311 966132 106017 157072 875294 809060 PFUND FOUNDATION IS A VITAL RESOURCE AND COMMUNITY BUILDER FOR LESBIAN, GAY, BISEXUAL, TRANSGENDER, QUEER AND ALLIED COMMUNITIES BY PROVIDING GRANTS AND SCHOLARSHIPS, DEVELOPING LEADERS, AND INSPIRING GIVING. 0 0 354487 THE BETTER OUTCOMES INITIATIVE IS A MULTI-YEAR PHILANTHROPIC MOVEMENT TO INCREASE FUNDING TO LESBIAN, GAY, BISEXUAL, TRANSGENDER, QUEER, INTERSEX, TWO-SPIRIT AND ALLIED PEOPLE AND GROUPS AS WELL AS STRENGTHEN BETTER PHILANTHROPIC PRACTICES FOR GRANTMAKERS BASED IN MINNESOTA. 354487 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 8 0 1 5 1 0 0 0 0 0 1 1 0 0 0 0 X 9 9 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 1 1 1 0 MN X X X PHILANTHROFUND FOUNDATION 6128701806 2801 21ST AVENUE SOUTH SUITE 132B MINNEAPOLIS MN 55407 LOIS CARLSON CHAIR 2.00 X X 0 0 0 TITO CANTUNCAN CO-SECRETARY 2.00 X X 0 0 0 DR GEORGE HOAGLAND CO-SECRETARY 2.00 X X 0 0 0 RALPH WYMAN TREASURER 2.00 X X 0 0 0 LORRI JANATOPOULOS DIRECTOR 1.00 X 0 0 0 KAY WAGGONER-JOHNSON DIRECTOR 1.00 X 0 0 0 REV KAREN HUTT DIRECTOR 1.00 X 0 0 0 SCOTT CABALKA DIRECTOR 1.00 X 0 0 0 JACOB MAXON DIRECTOR 1.00 X 0 0 0 COYA WHITE HAT-ARTICHOKER DIRECTOR 1.00 X 0 0 0 DR SABY LABOR DIRECTOR 1.00 X 0 0 0 DR ABEL KNOCHEL DIRECTOR 1.00 X 0 0 0 CHARLENE LEACH EXECUTIVE DIRECTOR 40.00 X 30962 0 2471 30962 0 2471 0 0 0 0 0 15300 393183 408483 33238 33238 767493 753729 13764 13764 13764 0 15300 0 0 OTHER 900099 2257 2257 2257 457742 0 0 49259 X 101730 77315 14242 10173 101718 85220 1240 15258 22205 17739 1690 2776 17293 13815 1316 2162 7827 7827 148116 104033 36521 7562 706 43 108 555 15759 7066 861 7832 12864 10277 979 1608 24486 19562 1863 3061 6041 4277 408 1356 13961 10280 3014 667 EVENTS AND PROMOTION 45896 451 45445 BANK CHARGES AND INTERE 5213 2 5211 DUES AND SUBSCRIPTIONS 4315 3447 329 539 SPONSORSHIPS 850 600 250 709 360 274 75 529689 354487 76133 99069 18717 65860 147977 116025 3928 3170 20821 20821 0 0 810689 781077 981311 966132 19517 54972 56500 2100 30000 100000 106017 157072 X 141459 115329 227189 187085 506646 506646 875294 809060 981311 966132 -71947 5713 0 X 1 X 0 0 0 X 428404 347484 601469 441742 408483 2227582 428404 347484 601469 441742 408483 2227582 383392 1844190 22741 21085 16318 27917 47002 135063 14400 2257 16657 2379302 0.77510 0.75520 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 525821 27700 29696 523825 498511 100 23942 20977 501576 480070 2552 38316 22427 498511 867816 4634 -17314 375066 480070 885710 31584 18344 67822 867816 0.96720 0.03280 0 0 20821 20821 0 0 X PART X, LINE 2: THE ORGANIZATION HAS A TAX-EXEMPT STATUS UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND HAS ADOPTED ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, ASC 740-10. THE ORGANIZATION'S POLICY IS TO EVALUATE UNCERTAIN TAX POSITIONS, AT LEAST ANNUALLY, FOR THE POTENTIAL FOR INCOME TAX EXPOSURE FROM UNRELATED BUSINESS INCOME OR FROM LOSS OF NONPROFIT STATUS. THE ORGANIZATION CONTINUES TO OPERATE CONSISTENT WITH ITS ORIGINAL EXEMPTION APPLICATION AND EACH YEAR TAKES THE NECESSARY ACTIONS TO MAINTAIN ITS EXEMPT STATUS. IT HAS BEEN CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION UNDER THE INTERNAL REVENUE CODE AND CHARITABLE CONTRIBUTIONS BY DONORS ARE TAX DEDUCTIBLE. IN COMPLIANCE WITH ITS EXEMPT STATUS, THE ORGANIZATION ANNUALLY FILES A RETURN OF EXEMPT FROM INCOME TAX (FORM 990). MOXIE 15300 15300 15300 15300 FORM 990, PART VI, SECTION B, LINE 11B LINE 11B EXPLANATION - THE TREASURER REVIEWS THE COMPLETED 990. THE BOARD CHAIR , EXECUTIVE DIRECTOR , TREASUER OR OTHER DESIGNATED SIGNATORIES MAY SIGN THE 990. A FINAL COPY OF THE 990 IS MADE AVAILABLE TO THE FULL BOARD. FORM 990, PART VI, SECTION B, LINE 12C EACH PFUND DIRECTOR AND STAFF MEMBER SHALL ANNUALLY COMPLETE A DISCLOSURE FORM IDENTIFYING ANY RELATIONSHIPS, POSITIONS OR CIRCUMSTANCES IN WHICH THE PFUND PERSON IN INVOLVED THAT HE OR SHE BELIEVES COULD CONTRIBUTE TO A CONFLICT OF INTEREST. DETAILED PROCEDURES FOR MONITORING AND ENFORCING THE CONFLICT OF INTEREST POLICY ARE IN THE WRITTEN POLICY. FORM 990, PART VI, SECTION B, LINE 15 PFUND FOUNDATION IS COMMITTED IN PRINCIPLE TO PAYING MARKET WAGES INSOFAR AS POSSIBLE. IN COMPENSATING EMPLOYEES, PFUND WILL CONSIDER THE FOLLOWING: 1. THE EMPLOYEE'S RELEVANT EDUCATION AND EXPERIENCE; 2. THE EMPLOYEE'S ON-THE-JOB PERFORMANCE; 3. THE COMPENSATION OF OTHER EMPLOYEES WITH SIMILAR QUALIFICATIONS; 4. THE COMPENSATION PAID BY OTHER ORGANIZATIONS TO EMPLOYEES WITH THE SAME POSITION AND SIMILAR QUALIFICATIONS; 5. THE EMPLOYEE'S OVERALL CONTRIBUTION TOT HE ORGANIZATION; AND 6. PFUND FOUNDATION'S ABILITY TO PAY. THE EXECUTIVE DIRECTOR SHALL HAVE SOLE DISCRETION IN DETERMINING EMPLOYEE COMPENSATION. THE EXECUTIVE DIRECTOR'S SALARY AND BENEFITS ARE DETERMINED BY THE BOARD EXECUTIVE COMMITTEE. PFUND FOUNDATION CONDUCTS PERFORMANCE REVIEWS ANNUALLY. A PERFORMANCE REVIEW DOES NOT NECESSARILY IMPLY AN INCREASE IN PAY. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. THE FOUNDATION'S ANNUAL FINANCIAL STATEMENTS ARE ALSO POSTED ON THE FOUNDATION'S WEBSITE, WWW.PFUNDFOUNDATION.ORG. FORM 990, PART IX, LINE 11G PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 104,033. MANAGEMENT AND GENERAL EXPENSES 36,521. FUNDRAISING EXPENSES 7,562. TOTAL EXPENSES 148,116.