2019-11-14T09:33:17-06:00 2018-12-31 420714325 RSM US LLP 801 NICOLLET MALL WEST TOWER STE 1100 MINNEAPOLIS MN 554022526 990 2018-01-01 416017740 ROCHESTER AREA FOUNDATION ROCH 5072820203 12 ELTON HILLS DRIVE NW ROCHESTER MN 55901 JENNIFER WOODFORD EXECUTIVE DIRECTOR 5072820203 2019-11-07 1 KACIE MCEWEN P01599614 6123324300 66.98.98.3 2019-11-07 17:45:23 CS P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 B56786F7D21A8F39D00ED83C272556B8DDCB8C36 2018 2020-03-31 21:24:44Z JENNIFER WOODFORD 12 ELTON HILLS DRIVE NW ROCHESTER MN 55901 10777594 0 X HTTP://WWW.ROCHESTERAREA.ORG/ X 1944 MN BUILDING AND ENHANCING THE QUALITY OF LIFE IN THE GREATER ROCHESTER AREA THROUGH PHILANTHROPIC LEADERSHIP AND COMMUNITY PARTNERSHIPS. 16 16 10 32 -15258 -15258 2861506 4909971 0 26892 92419 545227 201503 5196 3155428 5487286 3000250 3471812 0 0 323223 357032 0 0 86628 228442 233755 3551915 4062599 -396487 1424687 34088271 33233432 2312857 2423750 31775414 30809682 X BUILDING AND ENHANCING THE QUALITY OF LIFE IN THE GREATER ROCHESTER AREA THROUGH PHILANTHROPIC LEADERSHIP AND COMMUNITY PARTNERSHIPS. 0 0 3744419 3471812 26892 ROCHESTER AREA FOUNDATION (RAF) CURRENTLY SERVES EMERGING CHARITABLE PROJECTS WITH FISCAL SPONSORSHIP ARRANGEMENTS AS THEY DEVELOP INNOVATIVE RESPONSES TO UNMET COMMUNITY NEEDS. FISCALLY SPONSORED PROJECTS CAN ACCEPT TAX-DEDUCTIBLE DONATIONS FROM INDIVIDUALS AND GRANTMAKERS WHILE FOCUSING ON PROGRAM WORK AND FUNDRAISING.RAF PROVIDES FINANCIAL INFRASTRUCTURE, REGULATORY OVERSIGHT, AND GRANTS AND DONOR MANAGEMENT. SHARED ADMINISTRATIVE COSTS ACROSS MULTIPLE PROJECTS AND DISCOUNTS ON TRAINING LEAD TO OVERALL COST SAVINGS AND EXPERIENCED ROCHESTER AREA FOUNDATION STAFF ARE AVAILABLE FOR ADVICE AND ENCOURAGEMENT. GRANTS WERE PROVIDED TO SUPPORT EARLY CARE AND EDUCATION OF CHILDREN AGES 0-5; GANG INTERVENTION PLANNING, MINORITY TEACHER RECRUITMENT, FINANCIAL LITERACY COUNSELING, AND STARTER HOMES FOR WORKING FAMILIES. 3744419 1 1 0 0 0 1 0 0 1 1 1 1 0 0 1 1 0 1 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 0 0 1 20 0 1 10 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 X 16 16 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 MN X JENNIFER WOODFORD 5072820203 12 ELTON HILLS DRIVE NW ROCHESTER MN 55901 MARK UTZ CHAIR 6.00 1.00 X X 0 0 0 GREG LAYTON VICE-CHAIR 3.00 1.00 X X 0 0 0 DON SUPALLA VICE-CHAIR 4.00 1.00 X X 0 0 0 BRAD SCHMIDT TREASURER 4.00 1.00 X X 0 0 0 DENISE KELLY SECRETARY 4.00 1.00 X X 0 0 0 TONY BENSON TRUSTEE 2.00 1.00 X 0 0 0 JANE CAMPION TRUSTEE 2.00 1.00 X 0 0 0 LISA CLARKE TRUSTEE 2.00 1.00 X 0 0 0 MARY EHMKE TRUSTEE 2.00 1.00 X 0 0 0 PAUL GORMAN TRUSTEE 2.00 1.00 X 0 0 0 LARRY KOSHIRE TRUSTEE 2.00 1.00 X 0 0 0 WALT LING TRUSTEE 2.00 1.00 X 0 0 0 KATHRYN LOMBARDO TRUSTEE 2.00 1.00 X 0 0 0 WENDY SHANNON TRUSTEE 7.00 1.00 X 0 0 0 STEVEN SPOHN TRUSTEE 6.00 1.50 X 0 0 0 KAREL WEIGEL TRUSTEE 5.00 1.50 X 0 0 0 JENNIFER WOODFORD EXECUTIVE DIRECTOR 30.00 12.00 X 98628 32876 7141 98628 32876 7141 0 0 0 0 0 9040 4900931 1110599 4909971 ADMIN FEE INCOME 900099 20465 20465 OTHER INCOME 900099 3743 3743 NONPROFIT ACADEMY 900099 2684 2684 26892 494646 494646 22770 45886 -23116 -23116 -15258 -7858 5275891 5225310 50581 50581 50581 47424 9040 19112 28312 28312 5487286 26892 -15258 565681 3471812 3471812 103983 48872 36394 18717 196500 92355 68776 35369 33315 15658 11660 5997 23234 10920 8132 4182 4366 2052 1528 786 32295 15179 11303 5813 5000 2350 1750 900 11391 5354 3987 2050 13562 4005 8646 911 31134 14633 10897 5604 1006 503 302 201 65837 25812 40025 1157 544 405 208 13879 6523 4858 2498 6503 3056 2276 1171 REPAIRS AND MAINTENANCE 34247 19601 14596 50 DUES AND SUBSCRIPTIONS 2969 297 2375 297 10409 4893 3642 1874 4062599 3744419 231552 86628 632476 656419 1326455 5221635 316012 91359 20080 27950 2633265 320033 2391190 2313232 28662399 24375624 739659 547213 34088271 33233432 68388 81357 57000 90613 696573 668273 115200 0 1375696 1583507 2312857 2423750 X 27503973 27012002 2349797 1876036 1921644 1921644 31775414 30809682 34088271 33233432 X 1424687 -2473108 82689 X X 0 1 X 1 0 X 2401041 2688796 3024683 2861506 4949445 15925471 2401041 2688796 3024683 2861506 4949445 15925471 19547 15905924 528378 203996 218676 264380 517416 1732846 28312 28312 17686629 155544 0.89930 0.89280 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 173 3774507 2577391 13313721 1 1 1 94536 329625 109416 314745 0 18773665 1429612 -1161500 1660611 517436 16863730 16349386 850945 2221166 323916 323916 18773665 16050796 1289256 622130 806398 806398 16349386 16918656 838735 -322431 692082 692082 16050796 16871565 535458 725447 606907 606907 16918656 0.27750 0.64270 0.07980 0 0 239669 239669 2072782 35125 2037657 320814 284908 35906 2313232 INVESTMENTS IN MARKETABLE SECURITIES 24375624 F 24375624 UNITRUST OBLIGATIONS 528000 REFUNDABLE ADVANCES 1032957 ANNUITIES PAYABLE 22550 1583507 X PART V, LINE 4: THE FOUNDATION'S ENDOWMENT CONSISTS OF 228 INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES. ITS ENDOWMENT INCLUDES BOTH DONOR-RESTRICTED FUNDS AND FUNDS DESIGNATED BY THE BOARD OF TRUSTEES TO FUNCTION AS ENDOWMENTS. PART X, LINE 2: THE FOUNDATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE FOUNDATION BELIEVES THAT NO SIGNIFICANT UNCERTAIN TAX POSITIONS HAVE BEEN TAKEN IN ITS TAX RETURNS. AT DECEMBER 31, 2018 GENERALLY, THE FEDERAL AND MINNESOTA TAX RETURNS FOR THE FOUNDATION ARE OPEN FOR EXAMINATION BY TAXING AUTHORITIES FOR THE YEARS 2015 TO 2018. AT DECEMBER 31, 2018, THE FOUNDATION DID NOT RECORD ANY LIABILITIES FOR UNCERTAIN TAX POSITIONS. GALA 56464 9040 47424 750 6885 8814 150 2513 56464 9040 47424 750 6885 8814 150 2513 19112 28312 1 SENIOR CITIZENS SERVICES INC DBA 125 LIVE 125 ELTON HILLS DRIVE NW ROCHESTER MN 55901 410848660 501(C)(3) 40000 SUPPORT OAK ROOM-MEDIA AND PROGRAMMING ROOM ABILITY BUILDING CENTER 1911 14TH STREET NW ROCHESTER MN 55901 410829178 501(C)(3) 23300 GENERAL OPERATING EXPENSES AMERICAN RED CROSS-SE MN CHAPTER 305 ALIANCE PLACE NE ROCHESTER MN 55906 410693841 501(C)(3) 10000 HURRICANE FLORENCE RELIEF AUSTIN COMMUNITY GROWTH VENTURES 329 N MAIN ST 102 AUSTIN MN 55912 475042107 501(C)(3) 25000 CAPITAL EXPENDITURES BOYS & GIRLS CLUB OF ROCHESTER 1026 EAST CENTER STREET ROCHESTER MN 55904 411945875 501(C)(3) 64275 GENERAL OPERATING EXPENSES BYRON SCHOOL DISTRICT #531 630 1ST AVENUE NW BYRON MN 55920 416002825 GOVERNMENTAL 7950 GENERAL OPERATING EXPENSES CENTRAL REFORM CONGREGATION 5020 WATERMAN BLVD ST LOUIS MO 63108 431336060 501(C)(3) 8000 GENERAL OPERATING EXPENSES CHRIST UNITED METHODIST CHURCH 400 5TH AVENUE SW ROCHESTER MN 55902 410693980 501(C)(3) 17000 TRANSFORM 2018-20 THE CONGREGATIONAL CHURCH UCC 974 SKYLINE DRIVE SW ROCHESTER MN 55902 410760826 501(C)(3) 11000 GENERAL OPERATING EXPENSES CUT CIRCLE 2331 WARNER RANGE AVE MENLO PARK CA 94025 471687995 501(C)(3) 10000 GENERAL OPERATING EXPENSES DOROTHY DAY HOSPITALITY HOUSE 703 FIRST STREET SW ROCHESTER MN 55902 363348305 501(C)(3) 15200 GENERAL OPERATING EXPENSES FRIENDS OF MAYOWOOD RESIDENCE AND HISTORIC SITES PO BOX 404 ROCHESTER MN 55903 411420910 501(C)(3) 48001 GENERAL OPERATING EXPENSES GIFT OF LIFE TRANSPLANT HOUSE 705 2ND STREET SW ROCHESTER MN 55902 411495845 501(C)(3) 9700 GENERAL OPERATING EXPENSES GIVE KIDS THE WORLD 210 SOUTH BASS ROAD KISSIMMEE FL 34746 592654440 501(C)(3) 15000 GENERAL OPERATING EXPENSES GLORIA DEI LUTHERAN CHURCH 1212 12TH AVENUE NW ROCHESTER MN 55901 416008833 501(C)(3) 30000 GENERAL OPERATING EXPENSES GUNDERSEN LURTHERAN MEDICAL CENTER INC 1836 SOUTH AVENUE LACROSSE WI 54601 390813416 501(C)(3) 10000 GENERAL OPERATING EXPENSES HOLY FAMILY ACADEMY 2906 E BROADWAY RD SUITE 104 PHOENIX AZ 85040 824435629 501(C)(3) 7500 GENERAL OPERATING EXPENSES IRONWOOD SPRINGS CHRISTIAN RANCH INC 7291 COUNTY ROAD 6 SW STEWARTVILLE MN 55976 411281157 501(C)(3) 20000 GENERAL OPERATING EXPENSES KASSON-MANTORVILLE SCHOOLS FAMILY CAREER AND COMMUNITY LEADERS OF AMERICA 101 16TH STREET NE KASSON MN 55944 416008530 501(C)(3) 20000 GENERAL OPERATING EXPENSES LOTUS HEALTH FOUNDATION 3070 WELINGER DR NE ROCHESTER MN 55906 813260257 501(C)(3) 19287 GENERAL OPERATING EXPENSES LOURDES FOUNDATION INC 1710 INDUSTRIAL DR NW ROCHESTER MN 55901 237367336 501(C)(3) 15000 GENERAL OPERATING EXPENSES MADONNA LIVING COMMUNITY FOUNDATION 4001 19TH AVENUE NW ROCHESTER MN 55901 411809914 501(C)(3) 6500 GENERAL OPERATING EXPENSES MICHIGAN STATE UNIVERSITY 535 CHESTNUT ROAD ROOM 300 EAST LANSING MI 48824 GOVERNMENTAL 20000 GENERAL OPERATING EXPENSES NATIONAL MULTIPLE SCLEROSIS SOCIETY-GREATER CAROLINAS CHAPTER 3101 INDUSTRIAL DRIVE SUITE 210 RALEIGH NC 27609 135661935 501(C)(3) 10000 GENERAL OPERATING EXPENSES PACELLI CATHOLIC SCHOOLS 511 4TH AVE NW AUSTIN MN 55912 204023381 501(C)(3) 100000 GENERAL OPERATING EXPENSES PARALYZED VETERANS OF AMERICA 801 18TH ST NW WASHINGTON DC 20006 521064398 501(C)(3) 25000 GENERAL OPERATING EXPENSES FRIENDS OF QUARRY HILL NATURE CENTER 701 SILVER CREEK RD NE ROCHESTER MN 55906 363416399 501(C)(3) 15000 GENERAL OPERATING EXPENSES DYSLEXIA INSTITUTE OF MINNESOTA INC THE READING CENTER 847 5TH STREET NW ROCHESTER MN 55901 411633734 501(C)(3) 60223 GENERAL OPERATING EXPENSES ROCHESTER COMMUNITY AND TECHNICAL COLLEGE 2070 COLLEGE VIEW RD E ROCHESTER MN 55904 GOVERNMENTAL 1337031 ROCHESTER COMMUNITY & TECHINCAL COLLEGE ENDOWMENT; DOUGLASS FUND"CLOSE OUT ENDOWMENT FUND" ROCHESTER PARKS AND RECREATION 201 4TH STREET SE ROOM 150 ROCHESTER MN 55904 416005494 GOVERNMENTAL 10446 SOLDIER'S FIELD MEMORIAL FUND - FOR PARK MAINTENANCE ROCHESTER PUBLIC SCHOOL FOUNDATION 201 8TH ST NW ROCHESTER MN 55901 411628288 501(C)(3) 12200 GENERAL OPERATING EXPENSES ROCHESTER PUBLIC SCHOOLS 615 7TH ST SW ROCHESTER MN 55902 416002803 GOVERNMENTAL 30000 GENERAL OPERATING EXPENSES ROCHESTER YOUTH HOCKEY ASSOCIATION 1570 FAIRGROUNDS AVENUE SE ROCHESTER MN 55904 416048570 501(C)(3) 6600 ALAN E. HILEY MEMORIAL HOCKEY FUND RONALD MCDONALD HOUSE 850 2ND STREET SW ROCHESTER MN 55902 411344744 501(C)(3) 326900 GENERAL OPERATING EXPENSES THE ROTARY CLUB OF ROCHESTER FOUNDATION 2020 2ND STREET SW ROCHESTER MN 55902 411628263 501(C)(3) 33100 GENERAL OPERATING EXPENSES SALVATION ARMY 4921 FRONTAGE ROAD ROCHESTER MN 55901 410698597 501(C)(3) 8300 GENERAL OPERATING EXPENSES SEASONS HOSPICE 1696 GREENVIEW PLACE SW ROCHESTER MN 55902 411812914 501(C)(3) 10000 GENERAL OPERATING EXPENSES SOUTH DAKOTA STATE UNIVERSITY FOUNDATION 823 MEDARY AVENUE BROOKINGS SD 570070499 460273801 501(C)(3) 10000 GENERAL OPERATING EXPENSES ST JOAN OF ARC CHURCH 5800 OLEATHA AVE ST LOUIS MO 63139 430653481 501(C)(3) 12000 GENERAL OPERATING EXPENSES ST LUKE'S EPISCOPAL CHURCH 1884 22ND STREET NW ROCHESTER MN 55901 501(C)(3) 10000 GENERAL OPERATING EXPENSES STEWARTVILLE AREA COMMUNITY FOUNDATION 105 EAST 1ST STREET ROCHESTER MN 55976 411763176 501(C)(3) 10000 LOW WATER BRIDGE FOUNDATION SYNERGY AND LEADERSHIP EXCHANGE 2075 LOOKOUT DR N MANKATO MN 56003 411700710 501(C)(3) 8400 GENERAL OPERATING EXPENSES UNITED WAY OF NORTHERN CALIFORNIA 2280 BENTON DR BUILDING B REDDING CA 96003 941251675 501(C)(3) 15000 NORCAL DIASTER RELIEF FUND UNITED WAY OF OLMSTED COUNTY INC 903 WEST CENTER ST SUITE 100 ROCHESTER MN 55902 410695594 501(C)(3) 27000 GENERAL OPERATING EXPENSES WOMEN'S SHELTER AND SUPPORT CENTER PO BOX 457 ROCHESTER MN 55903 411316614 501(C)(3) 10000 GENERAL OPERATING EXPENSES SECOND HARVEST FOOD BANK OF SANTA CLARA AND SAN MATEO COUNTIES 750 CURTNER AVENUE SAN JOSE CA 95125 942614101 501(C)(3) 10000 GENERAL OPERATING EXPENSES ORTHOPAEDIC FOOT AND ANKLE FOUNDATION 9400 W HIGGINS ROAD ROSEMONT IL 60018 300234329 501(C)(3) 10000 GENERAL OPERATING EXPENSES FIRST HOMES PROPERTIES 12 ELTON HILLS DRIVE NW ROCHESTER MN 55901 412004557 501(C)(3) 72000 GENERAL OPERATING EXPENSES 48 0 PART I, LINE 2: RAF IS A COMMUNITY-BASED ECLECTIC GRANTMAKER. EACH APPLICATION IS CONSIDERED ON ITS OWN MERITS AND THE DECISION TO AWARD A REQUEST IS MADE ON A CASE BY CASE BASIS. GRANTS ARE NOT AWARDED TO INDIVIDUALS, PRIVATE FOUNDATIONS, OR POLITICAL ORGANIZATIONS. GRANTS ARE MADE TO RELIGIOUS ORGANIZATIONS ONLY FOR PURPOSES OF DIRECT COMMUNITY SERVICE PROJECTS. GRANTS ARE LIMITED TO NONPROFIT ORGANIZATIONS WHICH HAVE A 501(C)3 DESIGNATION, ARE GOVERNMENT AGENCIES, OR ARE UNDER THE FISCAL AGENCY UMBRELLA OF A 501(C)3 DESIGNATED ORGANIZATION. IN GENERAL, RAF DOES NOT SUPPORT GENERAL CAPITAL CAMPAIGNS, PROVIDE GENERAL OPERATING SUPPORT, PROVIDE SUPPORT FUNDING FOR ORGANIZATIONAL DEFICITS, OR TO REPLACE GOVERNMENT FUNDING. FUND DRIVES OR REQUESTS FOR EVENT SPONSORSHIPS SHOULD BE DIRECTED TO RAF'S GRANT OFFICER FOR SPONSORSHIP CONSIDERATION. TYPICALLY, GRANTS WILL NOT BE AWARDED FOR ENDOWMENTS, ANNUAL CAMPAIGNS, PROPOSALS THAT DUPLICATE EXISTING SERVICES, POLITICAL ACTIVITIES, OR RELIGIOUS ACTIVITIES. RAF DOES NOT MAKE MULTI-YEAR GRANTS OR MORE THAN ONE GRANT TO AN ORGANIZATION WITHIN 12 MONTHS OF AN AWARD. AN ORGANIZATION MAY APPLY FOR A GRANT ONCE DURING EACH CALENDAR. TO BE CONSIDERED, THE ORGANIZATION MUST HAVE COMPLETED ALL PRIOR PROJECTS AND FILED A FINAL REPORT TO CLOSE OUT AWARDED FUNDS. RAF AWARDS GRANTS TO BENEFIT COMMUNITIES IN THE CATCHMENT AREA PROSCRIBED BY THE RAF BOARD OF TRUSTEES, CURRENTLY WITHIN A 40 MILE RADIUS OF ROCHESTER . AGENCIES OUTSIDE OF THE TRADITIONAL CATCHMENT AREA ARE ELIGIBLE FOR GRANTS PROVIDED THE IMPACT FOR PROJECT WILL FALL PRIMARILY WITHIN THE RAF CATCHMENT AREA BUT THE GRANT DISTRIBUTION COMMITTEE MAY REQUIRE INPUT THROUGH A LOCAL ADVISORY GROUP OR BOARD IF A LOCAL OFFICE IS NOT PRESENT. X 21 1110599 FAIR MARKET VALUE 0 1 0 PART I, COLUMN (B): THE NUMBER OF CONTRIBUTIONS IS BEING REPORTED IN COLUMN B. FORM 990, PART VI, SECTION A, LINE 1 THE EXECUTIVE COMMITTEE IS MADE UP OF THE OFFICERS OF THE BOARD OF DIRECTORS. THE PRESIDENT OF THE ROCHESTER AREA FOUNDATION SERVES AS AN EX-OFFICIO MEMBER. DURING THE INTERVALS BETWEEN MEETINGS OF THE BOARD OF DIRECTORS, THE EXECUTIVE COMMITTEE SHALL EXERCISE ALL POWERS OF THE BOARD OF DIRECTORS IN THE MANAGEMENT AND DIRECTION OF THE BUSINESS AND CONDUCT THE AFFAIRS OF THE FOUNDATION. NO POLICY OR ACTION ADOPTED OR TAKEN BY THE EXECUTIVE COMMITTEE SHALL CONTINUE EFFECTIVE UNLESS APPROVED AT THE NEXT MEETING OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B AN ELECTRONIC COPY OF FORM 990 IS PROVIDED TO THE BOARD OF DIRECTORS FOR REVIEW PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C OFFICERS, DIRECTORS, TRUSTEES, AND KEY EMPLOYEES ARE ANNUALLY REQUIRED TO FILL OUT AND SIGN DISCLOSURE FORM. THEY MUST ALSO VERBALLY INDICATE WHETHER A CONFLICT EXISTS AND ABSTAIN FROM VOTING AT BOARD MEETINGS. FORM 990, PART VI, SECTION B, LINE 15A THE COMPENSATION OF THE EXECUTIVE DIRECTOR OF THE ROCHESTER AREA FOUNDATION IS DETERMINED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS USING COMPARABILITY DATA FROM THE COUNCIL OF FOUNDATIONS. THE COMPENSATION OF THE ORGANIZATION'S OFFICERS AND KEY EMPLOYEES IS DETERMINED BY THE EXECUTIVE DIRECTOR OF THE ROCHESTER AREA FOUNDATION USING COMPARABILITY DATA FROM THE COUNCIL OF FOUNDATIONS AND INCREASES ARE BASED ON MERIT. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND/OR FINANCIAL STATEMENTS MAY BE OBTAINED BY THE PUBLIC ON THE ORGANIZATION'S WEBSITE OR UPON REQUEST FOR THE SAME PERIOD OF DISCLOSURE AS SET FORTH IN SECTION 6104(D). FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF SPLIT INTEREST -83,177. PAYMENTS ON PRIOR YEAR PLEDGES 165,866. FORM 990, PART XI, LINE 2C: THE FINANCE COMMITTEE HAS THE RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. FIRST HOMES PROPERTIES 12 ELTON HILLS DRIVE NW ROCHESTER MN 55901 412004557 TO PROVIDE OPPORTUNITIES FOR LOW AND MODERATE INCOME HOUSEHOLDS IN SE MN MN 501(C)(3) LINE 12A, I ROCHESTER AREA FOUNDATION 1 RAF PROPERTIES 12 ELTON HILLS DRIVE NW ROCHESTER MN 55901 411891463 TO RECEIVE, HOLD & DISBURSE ANY REAL PROPERTY FOR ROCHESTER AREA FOUNDATION MN 501(C)(3) LINE 12A, I ROCHESTER AREA FOUNDATION 1 IMPACT FINANCE 12 ELTON HILLS DRIVE NW ROCHESTER MN 55901 274641831 PROVIDE INCREASED ACCESS TO CAPITAL FOR LOW INCOME FAMILIES/COMMUNITIES MN 501(C)(4) ROCHESTER AREA FOUNDATION 1 0 1 0 1 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0 FIRST HOMES PROPERTIES B 72000 ACTUAL AMOUNT