2020-02-25T20:44:21-06:00 2019-06-30 420714325 RSM US LLP 801 NICOLLET MALL WEST TOWER STE 1100 MINNEAPOLIS MN 554022526 990 2018-07-01 363454285 SOUTHERN MINNESOTA INITIATIVE FOUNDATION SOUT 5074553215 525 FLORENCE AVE OWATONNA MN 55060 BRIAN CONZEMIUS VICE PRESIDENT/CFO 5074553215 2020-02-19 1 KACIE MCEWEN P01599614 6123324300 66.98.98.6 2020-02-19 11:17:54 CS P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 B56786F7D21A8F39D00ED83C272556B8DDCB8C36 2018 2020-09-23 17:36:50Z TIMOTHY PENNY 525 FLORENCE AVE OWATONNA MN 55060 49092437 0 X WWW.SMIFOUNDATION.ORG X 1986 MN INVESTS FOR ECONOMIC GROWTH IN THE 20 COUNTIES OF SOUTH CENTRAL AND SOUTHEASTERN MINNESOTA. 13 13 41 13 0 0 4394846 3637021 191577 243813 4000792 5542349 0 27650 8587215 9450833 1528659 2095307 0 0 1856585 1910464 0 0 197545 1198721 1277316 4583965 5283087 4003250 4167746 56088355 56553709 7326251 6485642 48762104 50068067 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 1548939 180300 41827 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. 1357977 699597 23300 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. 355352 87587 12300 SOUTHERN MINNESOTA INITIATIVE FOUNDATION ADMINISTERS THE AMERICORPS-SOUTHERN MINNESOTA GRANT FOCUSING ON EARLY CHILDHOOD. SUPPORTED AMERICORPS MEMBERS SERVE IN NON-PROFITS THROUGHOUT THE 20 COUNTY AREA WORKING WITH PRESCHOOL CHILDREN ON EARLY LITERACY, SOCIAL-EMOTIONAL, AND SCHOOL READINESS SUPPORT. 1203152 1127823 84728 COMMUNITY FOUNDATIONS & AFFILIATE FUNDS(FISCAL HOST). 1203152 1127823 84728 4465420 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 35 0 1 41 1 0 0 0 0 0 1 1 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 AVENUE OWATONNA MN 55060 FRED KRAHMER CHAIR 2.00 X X 0 0 0 COREY MENSINK VICE CHAIR 2.00 X X 0 0 0 LISA HUGHES SECRETARY 2.00 X X 0 0 0 SYNTHIA SCHEID TREASURER 2.00 X X 0 0 0 ADENUGA ATEWOLOGUN DIRECTOR AT LARGE 2.00 X X 0 0 0 DAVID KRUEGER DIRECTOR AT LARGE 2.00 X X 0 0 0 CARISSA BUEGLER DIRECTOR OF OPERATIONS 2.00 X 0 0 0 LISA CLARKE DIRECTOR 2.00 X 0 0 0 XAVIER FRIGOLA DIRECTOR 2.00 X 0 0 0 CASSIE HARRINGTON DIRECTOR 2.00 X 0 0 0 SUE HARRIS COMMUNITY EDUCATION DIRECTOR 2.00 X 0 0 0 ERIN MEIER DIRECTOR 2.00 X 0 0 0 JOHN PETERSON DIRECTOR 2.00 X 0 0 0 TIMOTHY PENNY PRESIDENT/CEO 40.00 X 156720 0 36944 BRIAN CONZEMIUS VICE PRESIDENT/CFO 40.00 X 116679 0 17708 PAMELA BISHOP VP OF ECONOMIC DEVELOPMENT 40.00 X 103882 0 27768 377281 0 82420 3 0 1 0 0 14052 965026 2657943 625474 3637021 LOAN INTEREST 900099 162155 162155 OTHER INCOME 900099 81658 81658 243813 1170275 1170275 43984006 39611932 4372074 4372074 4372074 57322 14052 29672 27650 27650 9450833 243813 0 5569999 2020457 2020457 74850 74850 330439 163504 145913 21022 1229183 1036162 108270 84751 52846 37878 8454 6514 189264 155773 12492 20999 108732 84037 16721 7974 15121 7352 7769 44677 4460 40217 2133 2133 216805 216805 238571 222027 10242 6302 42836 27360 387 15089 155917 141944 12618 1355 23454 14827 2243 6384 75464 53422 10750 11292 104338 92768 380 11190 11321 11321 28823 21350 4138 3335 23065 20391 1481 1193 BAD DEBTS 116208 116208 OPERATING EXPENSES 75329 75329 TRAINING 43586 42267 1319 AWARDS/SPONSORSHIPS 20280 19955 180 145 39388 19645 19743 5283087 4465420 620122 197545 3383637 3640876 2339519 1426147 2944238 2704761 37827 37194 1108587 594524 529968 514063 46838875 47896002 14291 334666 56088355 56553709 159879 201174 70314 21375 435469 53661 2443165 2049940 4217424 4159492 7326251 6485642 X 3267206 3990687 23762151 23789949 21732747 22287431 48762104 50068067 56088355 56553709 4167746 -2862439 656 0 X X 0 1 X 1 0 X 2688062 4426529 6170191 4394846 3637021 21316649 2688062 4426529 6170191 4394846 3637021 21316649 5670926 15645723 696825 677512 666400 1057562 1170275 4268574 27650 27650 25612873 1144458 0.61090 0.59030 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 0 1 0 0 1 2133 0 0 2133 0 10 166361 670200 3263893 1 1 37317284 1344200 1439539 1301438 38799585 35194060 868290 2506503 1251569 37317284 31115350 633376 3537930 92596 35194060 32125746 874139 -588445 1296090 31115350 32219862 918503 71166 1083785 32125746 0.00000 0.68400 0.31600 0 0 68687 68687 744825 340917 403908 11313 11313 0 283762 242294 41468 514063 OTHER INVESTMENTS 47896002 F 47896002 REFUNDABLE ADVANCES 83221 LINE OF CREDIT 27370 ASSETS HELD FOR OTHERS 4048901 4159492 X 6401917 -2862439 656 -2861783 9263700 216805 -29672 187133 9450833 5095954 29672 29672 5066282 216805 216805 5283087 PART V, LINE 4: THE FOUNDATION HAS DEVELOPED A SPENDING POLICY WHICH USES UP TO 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, 2019, THERE IS NO MATERIAL AMOUNT OF UNRELATED BUSINESS INCOME. THE FOUNDATION IS ALSO EXEMPT FROM STATE INCOME TAXES UNDER APPLICABLE MINNESOTA STATUTES. AT JUNE 30, 2019, GENERALLY, THE FEDERAL AND MINNESOTA TAX RETURNS FOR THE FOUNDATION ARE OPEN FOR EXAMINATION BY TAXING AUTHORITIES FOR THE YEARS 2016 TO 2018. AT JUNE 30, 2019, THE FOUNDATION DID NOT RECORD ANY AMOUNTS FOR UNCERTAIN TAX POSITIONS. PART XI, LINE 4B - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES -29,672. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES RECLASSED TO STATEMENT OF REVENUE 29,672. SVACF ANNUAL BANQUET 13345 3100 10245 5102 618 PIE CHIPPE SHOPPE 24809 24809 13984 3 33220 10952 22268 3400 6568 71374 14052 57322 8502 21170 29672 27650 1 A CHANCE TO GROW 1800 2ND ST NE MINNEAPOLIS MN 55418 411444113 501C3 20000 TRANSFORMING LEARNING READINESS IN SOUTHERN MINNESOTA AMERICAN LEGION POST 269 400 SHEPPARD CIRCLE MADISON LAKE MN 56063 416040550 501C3 7570 COMMUNITY FOUNDATION SUPPORT FOR SAL MOBILE EVENT PACKAGE ANDERS EARLY LEARNING CENTER 309 10TH ST CLEVELAND MN 56017 830939074 EDUCATION 9770 CHILD CARE START UP/EXPANSION BLUE EARTH COUNTY 1235 CALEDONIA ST MANKATO MN 56001 416005763 GOVERNMENT 27240 COMMUNITY FOUNDATION SUPPORT FOR HWY 22 VICTORY DRIVE PROJECT BROWN COUNTY PUBLIC HEALTH 1117 CENTER ST NEW ULM MN 56073 416005765 GOVERNMENT 9085 FMV BOOKS LITERACY GRANT - CHILDRENS BOOKS BYRON PUBLIC SCHOOLS 630 1ST AVE NW BYRON MN 55920 416002825 SCHOOL/EDUCATION 9085 FMV BOOKS LITERACY GRANT - CHILDRENS BOOKS CANNON FALLS AREA SCHOOLS 820 MINNESOTA ST E CANNON FALLS MN 55009 416001256 SCHOOL/EDUCATION 5451 FMV BOOKS LITERACY GRANT - CHILDRENS BOOKS CITY OF BLUE EARTH 125 7TH ST E BLUE EARTH MN 560132002 416004991 GOVERNMENT 6731 COMMUNITY FOUNDATION SUPPORT FOR BUTTERFLY GARDEN FOUNTAIN CITY OF FAIRMONT 100 DOWNTOWN PLAZA FAIRMONT MN 56031 416005147 GOVERNMENT 29807 FAIRMONT COMMUNITY CENTER FEASIBILITY AND PLANNING CITY OF HARMONY 225 3RD AVE SW HARMONY MN 559390488 416005218 GOVERNMENT 10000 COMMUNITY FOUNDATION SUPPORT FOR NORTH PARK BASKETBALL COURT UPGRADE CITY OF HARMONY 225 3RD AVE SW HARMONY MN 559390488 416005218 GOVERNMENT 11348 COMMUNITY FOUNDATION SUPPORT FOR FREENOTES MUSICAL INSTRUMENTS CITY OF HARMONY 225 3RD AVE SW HARMONY MN 559390488 416005218 GOVERNMENT 15000 COMMUNITY FOUNDATION SUPPORT FOR BIKE TRAIL CITY OF HARMONY 225 3RD AVE SW HARMONY MN 559390488 416005218 GOVERNMENT 30959 COMMUNITY FOUNDATION SUPPORT FOR FIREFIGHTER MEMORIAL CITY OF KIESTER 119 MAIN ST S KIESTER MN 56051 416005285 GOVERNMENT 10000 VISIONING PROCESS TO IDENTIFY COMMUNITY VALUES AND PROJECT FOR KIESTER CITY OF LA CRESCENT 315 MAIN ST LA CRESCENT MN 55947 416005291 GOVERNMENT 10000 SMALL TOWN GRANT: COMMUNITY BRANDING PROJECT CITY OF LANESBORO 202 PARKWAY AVE S LANESBORO MN 55949 416005308 GOVERNMENT 10000 DEVELOP A COMPREHENSIVE PLAN THAT BUILDS ON OUR UNIQUE ASSETS AND CULTURE WITH A VISION OF A HEALTHY, INCLUSIVE COMMUNITY CITY OF PLAINVIEW 241 BROADWAY W PLAINVIEW MN 55964 411650465 GOVERNMENT 10000 SMALL TOWN GRANT: COMMUNITY PLANNING CITY OF PRESTON 210 FILLMORE ST W PRESTON MN 55965 416005468 GOVERNMENT 7500 SMALL TOWN GRANT: "LIVIBILITY" PRESTON CITY OF SPRING GROVE 118 1ST AVE NW SPRING GROVE MN 55974 416005505 GOVERNMENT 5900 DEVELOP A LOCALIZED ENTREPRENEUR TOOLKIT AND ACCOMPANYING PROGRAMMING TO EQUIP ENTREPRENEURS WITH THE RESOURCES AND INFORMATION THEY NEED TO ADDRESS COMMON BUSINESS CHALLENGES, SUCH AS START UP PROCEDURES, FINANCIAL MANAGEMENT, SUCCESSION PLANNING. CITY OF SPRING VALLEY 201 BROADWAY ST S SPRING VALLEY MN 55975 416005554 GOVERNMENT 12500 INCUBATION & ACCELERATION FOR INDOOR AND OUTDOOR SPACES/ENTREPRENEURIAL REV CITY OF SPRING VALLEY 201 BROADWAY ST S SPRING VALLEY MN 55975 416005554 GOVERNMENT 5000 COMMUNITY FOUNDATION SUPPORT FOR ELECTRONIC MESSAGE SIGN CITY OF WABASHA 900 HIAWATHA DR E WABASHA MN 559810262 416005601 GOVERNMENT 9000 COMMUNITY FOUNDATION SUPPORT FOR FREE POOL PASS PROGRAM COMMUNITY AND ECONOMIC DEVELOPMENT ASSOCIATES 1500 HWY 52 S CHATFIELD MN 55923 411560462 501C3 8900 BLUFF COUNTRY COLLABORATIVE - YOUTH ENTREPRENEURSHIP INITIATIVE DEVELOPMENT CORPORATION OF AUSTIN 329 MAIN ST N STE 106-L AUSTIN MN 55912 237276266 501C6 10000 FOOD & BEVERAGE CO-MANUFACTURING FEASIBILITY STUDY DODGE COUNTY PUBLIC HEALTH 42 MAIN ST E DODGE CENTER MN 55927 416005790 GOVERNMENT 9085 FMV BOOKS LITERACY GRANT - CHILDRENS BOOKS FAMILIES FIRST OF MINNESOTA 126 WOODLAKE DR SE ROCHESTER MN 55904 410987753 501C3 9085 FMV BOOKS LITERACY GRANT - CHILDRENS BOOKS FARIBAULT DIVERSITY COALITION 324 CENTRAL AVE FARIBAULT MN 55021 680504271 501C3 10000 IGNITING SOUTHERN MINNESOTA FARIBAULT PUBLIC SCHOOLS 930 4TH AVE NW FARIBAULT MN 55021 416003618 SCHOOL/EDUCATION 19296 CREATE EARLY LEARNING CENTERS IN SCHOOL DISTRICT FOR EARLY CHILDHOOD ACTIVITIES FARIBAULT PUBLIC SCHOOLS 930 4TH AVE NW FARIBAULT MN 55021 416003618 SCHOOL/EDUCATION 8177 FMV BOOKS LITERACY GRANT - CHILDRENS BOOKS FREEBORN COUNTY PUBLIC HEALTH 411 S BROADWAY ALBERT LEA MN 56007 416005795 GOVERNMENT 10902 FMV BOOKS LITERACY GRANT - CHILDRENS BOOKS HARMONY ECONOMIC DEVELOPMENT AUTHORITY 255 3RD AVE SW HARMONY MN 55939 416005218 501C6 10000 TO PROMOTE OUTDOOR RECREATION, MUSIC AND THE ARTS, AND TOURISM WITH THE CREATION OF "FREENOTES HARMONY PARK" AT HARMONY'S TRAILHEAD PARK. HOUSTON COUNTY ECONOMIC DEVELOPMENT ASSOCIATION 304 MARSHALL ST S CALEDONIA MN 55921 416005804 501C6 18000 DRIFTLESS GROWN - LOCAL FOODS - SUPPORT EXISTING AND BUDDING FARMERS BY CONNECTING THEM WITH EDUCATION, NETWORKS, RESOURCES, AND NEW MARKETS HUMAN SERVICES OF FARIBAULT AND MARTIN COUNTIES 115 1ST ST W FAIRMONT MN 56031 411286683 GOVERNMENT 5451 FMV BOOKS LITERACY GRANT - CHILDRENS BOOKS JEREMIAH PROGRAM 126 WOODLAKE DR SE ROCHESTER MN 55904 411801834 501C3 20000 SINGLE MOTHER'S EMPOWERMENT & LIFE SKILLS JUMPING JAX KIDS 118 2ND AVE NW HAYFIELD MN 55940 832348593 EDUCATION 10000 CHILD CARE START UP/EXPANSION KASSON-MANTORVILLE SCHOOLS 101 16TH ST NE KASSON MN 55944 416008530 SCHOOL/EDUCATION 20000 IMPLEMENTATION OF RESPONSIVE LITERACY APPROACH EARLY LEARNING KASSON-MANTORVILLE SCHOOLS 101 16TH ST NE KASSON MN 55944 416008530 SCHOOL/EDUCATION 9085 FMV BOOKS LITERACY GRANT - CHILDRENS BOOKS KINGSLAND PUBLIC SCHOOLS 705 SECTION AVE N SPRING VALLEY MN 55975 411740007 SCHOOL/EDUCATION 5451 FMV BOOKS LITERACY GRANT - CHILDRENS BOOKS KIWANIS CLUB OF MANKATO FOUNDATION PO BOX 733 MANKATO MN 56002 411908825 501C3 86308 FMV BOOKS LITERACY GRANT - CHILDRENS BOOKS LAKE CRYSTAL WELLCOME MEMORIAL SCHOOL DISTRICT 607 KNIGHTS LN LAKE CRYSTAL MN 56055 411680296 SCHOOL/EDUCATION 5451 FMV BOOKS LITERACY GRANT - CHILDRENS BOOKS LANESBORO PUBLIC LIBRARY 202 PARKWAY AVE S LANESBORO MN 55949 342037325 GOVERNMENT 7268 FMV BOOKS LITERACY GRANT - CHILDRENS BOOKS MAIN STREET PROJECT 105 4TH ST E STE 213 NORTHFIELD MN 55057 201788275 501C3 10000 REGENERATIVE AGRICULTURE PROGRAM MAPLE RIVER SCHOOLS 101 6TH AVE NE MAPLETON MN 560650515 411734559 SCHOOL/EDUCATION 10925 COMMUNITY FOUNDATION SUPPORT FOR STUDENT PROGRAMS MAPLE RIVER SCHOOLS 101 6TH AVE NE MAPLETON MN 560650515 411734559 SCHOOL/EDUCATION 9550 COMMUNITY FOUNDATION SUPPORT FOR STUDENT PROGRAMS MN STATE UNIVERSITY-MANKATO 150 MORRIS HALL MANKATO MN 56001 411687554 SCHOOL/EDUCATION 10000 EXTENSION OF ENTREPRENEURIAL ECOSYSTEM MN VALLEY ACTION COUNCIL 706 VICTORY DR N MANKATO MN 56001 416050353 501C3 12719 FMV BOOKS LITERACY GRANT - CHILDRENS BOOKS NEW PRAGUE AREA ACHOOLS 410 CENTRAL AVE N NEW PRAGUE MN 56071 416003815 SCHOOL/EDUCATION 6360 FMV BOOKS LITERACY GRANT - CHILDRENS BOOKS NEW ULM PUBLIC SCHOOLS 910 14TH ST N NEW ULM MN 56073 416000373 SCHOOL/EDUCATION 9085 FMV BOOKS LITERACY GRANT - CHILDRENS BOOKS NORTHFIELD HEALTHY COMMUNITY INITIATIVE 1651 JEFFERSON PKWY NORTHFIELD MN 55057 262852506 501C3 20000 RICE COUNTY LATINO CHILDCARE PROVIDER NETWORK NORTHFIELD PUBLIC SCHOOLS 201 ORCHARD ST S NORTHFIELD MN 55057 416008327 SCHOOL/EDUCATION 22000 EARLY CHILDHOOD NAVIGATORS/RICE COUNTY EARLY CHILDHOOD DENTAL NETWORK NORTHFIELD PUBLIC SCHOOLS 201 ORCHARD ST S NORTHFIELD MN 55057 416008327 SCHOOL/EDUCATION 18170 FMV BOOKS LITERACY GRANT - CHILDRENS BOOKS OWATONNA PUBLIC SCHOOLS 325 MEADOW LN OWATONNA MN 55060 416004063 SCHOOL/EDUCATION 20000 BRIDGING LITERACY FROM PREK TO 1ST GRADE RED WING DOWNTOWN MAIN STREET INC 207 EAST AVE RED WING MN 55066 411869035 501C3 9000 COMMUNITY FOUNDATION SUPPORT FOR PUBLIC ART/IMAGINE RED WING REGION NINE DEVELOPMENT COMMISSION 10 CIVIC CENTER PLZ STE 3 MANKATO MN 56001 410995425 501C3 10000 TO IDENTIFY, INVITE AND PROVIDE ONE-ON-ONE COACHING TO BUSINESSES RESULTING IN SUCCESSFULLY STARTING OR EXPANDING PORTIONS OF THEIR BUSINESS OPERATIONS TO INCREASE ECONOMIC PROSPERITY. REGION NINE DEVELOPMENT COMMISSION 10 CIVIC CENTER PLZ STE 3 MANKATO MN 56001 410995425 501C3 5000 RURAL ENTREPRENEURIAL VENTURE COMMUNITY ROCHESTER PUBLIC SCHOOLS 615 7TH ST SW ROCHESTER MN 55902 416002803 SCHOOL/EDUCATION 5451 FMV BOOKS LITERACY GRANT - CHILDRENS BOOKS SEMCAC HEAD START 204 ELM ST S RUSHFORD MN 55971 410907135 501C3 6360 FMV BOOKS LITERACY GRANT - CHILDRENS BOOKS SIBLEY COUNTY 400 COURT AVE GAYLORD MN 55334 416005897 GOVERNMENT 20000 BIZLINK NORTH -EDUCATE LOCAL BUSINESSES ON SUCCESSION PLANNING; PREPARATION TO SELL OR BUY A BUSINESS; ASSIST THEM WITH BETTER BUSINESS PRACTICES INCLUDING MARKETING. SLEEPY EYE PUBLIC SCHOOLS 400 4TH AVE SW SLEEPY EYE MN 56085 416000392 SCHOOL/EDUCATION 7268 FMV BOOKS LITERACY GRANT - CHILDRENS BOOKS SOUTHERN MN EDUCATION CONSORTIUM 710 4TH AVE NE GRAND MEADOW MN 55936 270630742 SCHOOL/EDUCATION 9085 FMV BOOKS LITERACY GRANT - CHILDRENS BOOKS ST JAMES PUBLIC SCHOOLS 500 3RD AVE S ST JAMES MN 56081 416004625 SCHOOL/EDUCATION 10000 UNITING CULTURES/UNIENDO CULTURAS. WORKING TOWARDS TOLERANCE, ACCEPTANCE AND CELEBRATION OF DIVERSITY. ST PETER'S EPISCOPAL CHURCH 101 1ST ST NE KASSON MN 55944 411897958 501C3 5900 SMALL TOWN GRANT: DODGE REFRESHED CREATE A COMMUNITY FARM-TO-TABLE EVENT STEELE COUNTY PUBLIC HEALTH 635 FLORENCE AVE OWATONNA MN 55060 416005901 GOVERNMENT 6360 FMV BOOKS LITERACY GRANT - CHILDRENS BOOKS THREE RIVERS COMMUNITY ACTION 55049 241ST AVE PLAINVIEW MN 55964 410906178 501C3 5000 COMMUNITY FOUNDATION SUPPORT FOR HART VOLUNTEER TRANSPORTATION PROGRAM THREE RIVERS COMMUNITY ACTION INCORPORATED 1651 JEFFERSON PKWY NORTHFIELD MN 55057 410906178 501C3 13628 FMV BOOKS LITERACY GRANT - CHILDRENS BOOKS TRI CITY UNITED PUBLIC SCHOOLS 101 2ND ST NE MONTGOMERY MN 56069 453740004 SCHOOL/EDUCATION 10000 SOCIAL & EMOTIONAL SUCCESS CURRICULUM FOR EARLY LEARNING TRI-CITY UNITED PUBLIC SCHOOLS 101 2ND ST NE MONTGOMERY MN 56069 453740004 SCHOOL/EDUCATION 7268 FMV BOOKS LITERACY GRANT - CHILDRENS BOOKS UNITED WAY OF THE BROWN COUNTY AREA INC PO BOX 476 NEW ULM MN 56073 416033115 501C3 13194 FMV BOOKS COMMUNITY COLLABORATION FOR SCHOOL READINESS/EARLY CHILDHOOD DENTAL NETWORK WATERVILLE-ELYSIAN-MORRISTOWN PUBLIC SCHOOLS 500 EAST PAQUIN ST WATERVILLE MN 56096 411743364 SCHOOL/EDUCATION 5451 FMV BOOKS LITERACY GRANT - CHILDRENS BOOKS WATONWAN COUNTY HUMAN SERVICESPUBLIC HEALTH 715 2ND AVE S ST JAMES MN 56081 416005922 GOVERNMENT 5451 FMV BOOKS LITERACY GRANT - CHILDRENS BOOKS 67 3 SCHOLARSHIPS 9 2900 HARDSHIP ASSISTANCE 43 71950 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 156720 0 0 0 0 0 6264 0 30680 0 193664 0 0 0 X 489668 FMV X 2 135806 FMV 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 FOUNDATION 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.