2019-02-28T06:02:04-08:00 2018-06-30 411534805 Carpenter Evert & Associates 7760 France Ave S 940 Bloomington MN 55435 990 2017-07-01 363567019 PHILANTHROFUND FOUNDATION PHIL 6128701806 2801 21st Avenue South MINNEAPOLIS MN 55407 RALPH WYMAN Treasurer 2019-02-28 true Marc Colin P00560855 9528310085 2017 2019-02-21 02:37:17Z RALPH WYMAN 2801 21ST AVENUE SOUTH 132B MINNEAPOLIS MN 55407 584521 false false X WWW.PFUNDFOUNDATION.ORG X 1987 MN Philanthrofund Foundation is a vital resource and community builder for lesbian, gay, bisexual, transgender and allied communities by providing grants and scholarships, developing leaders, and inspiring giving. 11 11 4 30 0 600985 441742 1850 3515 89546 34594 484 14400 692865 494251 64100 58400 0 237385 248422 0 69407 113543 232917 415028 539739 277837 -45488 1067291 981311 161708 106017 905583 875294 Philanthrofund Foundation is a vital resource and community builder for lesbian, gay, bisexual, transgender and allied communities by providing grants and scholarships, developing leaders, and inspiring giving. false false 416184 58400 Program Accomplishments:BEtter OUTcomes InitiativeIn the fall of 2017 PFund Foundation launched the BEtter OUTcomes Initiative (BOI). The initiative is a shared effort of many Minnesota funders to inform, engage, and mobilize the funding community to invest in solutions to serious issues that LGBTQ Minnesotans face. BOI is designed to equip foundations to be skilled, sensitive grantmakers and to ensure adequate, sustained funding on par with the rest of the country for LGBTQ-focused efforts, leveling the playing field for all members of our community.BEtter OUTcomes Initiative offers a five-session, cohort-based Learning Community of Practice. Developed and facilitated by philanthropic leaders, this powerful learning experience equips participants to be skilled, sensitive grantmakers for LGBTQ-focused efforts; to implement effective policies and practices designed to create an inclusive organizational culture; and to provide leadership across the funding community for LGBTQ-focused issues and investments.BEtter OUTcomes Initiative provides knowledgeable support and learning opportunities for funders interested in implementing the Appropriate Standards for LGBTQ-Inclusive Grantmaking. Created by PFund Foundation, the Appropriate Standards provide a developmentally-oriented, evidence-based, structured process for funders to build inclusive organizations.BEtter OUTcomes Initiative convenes issue-specific events in partnership with other funders and organizations to enhance awareness of serious issues faced by LGBTQ Minnesotans that also reflect the funding priorities of many foundations.BEtter OUTcomes Initiative is developing a long-term, strategic approach to LGBTQ-focused grantmaking that will sustainably and effectively level the playing field for all members of our community and the organizations that serve them.Elevated PrioritiesWe asked an important question: what's next? Although the Supreme Court ruled in favor of marriage equality in June of 2015, the fight for LGBTQ rights and fair treatment is far from over. We recognize that the landscape of the LGBTQ movement has shifted.Barriers and mistreatment based on race, class, gender identity and sexual orientation call for our community to respond. PFund Foundation is ready to provide the resources and opportunities to address these disparities.Consequently, we developed three elevated priorities to help focus our attention and work: queer People of Color, Transgender and Gender Non-Conforming people and LGBTQ North Dakotans and South Dakotans.Why these criteria:1) LGBTQ people of color are six times more likely to experience poverty than LGBTQ white people. Disparities in education, housing and employment are vast.2) Anti-transgender bias and policies continue to reinforce negative stereotypes and treatment. Consequently, transgender people are 4 times more likely to live in extreme poverty and are the faction of our community experiencing extreme violence because of their gender identity and presentation.3) North Dakota and South Dakota have the most discriminatory policies against LGBTQ communities in our region. You can be married on Sunday, fired on Monday and evicted on Tuesday simply because of your sexual orientation, gender identity or expression. Policies are hostile and anti-LGBTQ opposition is hyper vigilant.Investing in Bold LGBTQ LeadersPFund Foundation invests in bold leaders so that lesbian, gay, bisexual transgender and queer communities can thrive. We're extremely happy to share that after our grant process, we're living into our Elevated Priorities with the selection of 31 Individual Leaders. This year our program grew from 21 to 31 leaders awarding $58,400 for their educational and professional development pursuits.a)61% identify has transgender or gender nonconforming.b)52% identify as people of color.c)Full regional representation including scholars in Minnesota, Iowa, North Dakota, South Dakota, and Wisconsin.d)We intentionally invested in leaders across the lifespan ranging in age from 17 to 61.This years cohort is a diverse and inspirational group of LGBTQ leaders. These leaders are recognized for their leadership in their communities, from advocating for inclusive school climates and policies to excelling in the performing arts and educating their peers about LGBTQ communities. 416184 true true false false false false false false false true true false false false false true false false false false false false false false false false false false true true false false false false false false false false false false true false false false false false false false false false true 9 0 true 4 true false false false false false false false false 0 false false false false false false false false false false X 11 11 false false false false false false false true true false false true true true true true true true true false MN X X X PHILANTHROFUND FOUNDATION 6128701806 2801 21st Avenue South Suite 132B MINNEAPOLIS MN 55407 X Lorrie Janatopoulos Director 0.25 0.00 X 0 0 0 K DAVIS SENSEMAN Director 1.00 0.00 X 0 0 0 COYA WHITE HAT-ARTICHOKER Secretary 1.00 0.00 X X 0 0 0 SABY LABOR Director 0.25 0.00 X 0 0 0 ABEL KNOCHEL Director 0.25 0.00 X 0 0 0 LOIS CARLSON Director 0.25 0.00 X 0 0 0 LUCIANO PATINO Director 0.25 0.00 X 0 0 0 BARBARA SATIN Director 0.25 0.00 X 0 0 0 ZACHARY PACKINEAU Director 0.25 0.00 X 0 0 0 RALPH WYMAN Treasurer 1.00 0.00 X X 0 0 0 Tito Cantuncan Director 0.25 0.00 X 0 0 0 George Hoagland Director 0.25 0.00 X 0 0 0 Chong Moua Interim ED 40.00 0.00 X 0 0 0 TRINA OLSON Executive Dir. 40.00 0.00 X 88598 2200 6869 88598 2200 6869 0 false false true 0 441742 10831 441742 MANAGEMENT FEES 900099 3515 3515 3515 27917 27917 0 0 0 96947 90270 6677 6677 6677 0 0 0 Other 900099 14400 14400 14400 494251 10192 42317 X 0 58400 58400 0 0 92421 68495 10072 13854 0 128100 86039 18523 23538 0 12529 9450 398 2681 15372 10326 2223 2823 0 0 0 0 0 8037 8037 99124 86108 5481 7535 0 12250 10609 691 950 17625 13816 714 3095 0 20404 13841 2764 3799 8227 8152 19 56 0 23870 20995 1211 1664 0 0 0 2008 1362 272 374 Printing and Publications 13344 8006 6 5332 DUES AND SUBSCRIPTIONS 9195 8694 211 290 PROMOTION 4506 4255 251 PROGRAM EXPENSE 4500 4500 9827 3136 3526 3165 539739 416184 54148 69407 104423 18717 5830 0 182500 147977 0 0 0 0 0 4961 3928 20821 20821 0 769577 810689 0 0 0 0 1067291 981311 13435 19517 52443 56500 90000 30000 5830 161708 106017 X 114140 141459 272397 227189 519046 506646 905583 875294 1067291 981311 -45488 15199 X true X false true false X 455270 428404 347484 601469 441742 2274369 0 0 455270 428404 347484 601469 441742 2274369 462138 1812231 22687 22741 21085 16318 27917 110748 0 14400 14400 2399517 0.75520 0.77720 X 498511 100 23942 20977 501576 480070 2552 38316 22427 498511 867816 4634 -17314 375066 480070 885710 31584 18344 67822 867816 795874 41296 101191 52651 885710 false false false 20821 20821 X 501875 15199 462 15661 486214 8037 8037 494251 532164 462 462 531702 8037 8037 539739 Part X : FIN48 Footnote 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). false 0 0 Scholarships 31 58400 true X false false false false false false false false false false TRINA OLSON Executive Dir. 88598 2200 6869 95467 2200 Trina Olson Ex. Director 2200 false Schedule L, Part V Supplemental Information The organization contracted with Team Dynamic LLC, Trina Olson's new company to do training. Form 990, Part VI, Line 11b: Form 990 Review Process 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, Line 12c: Explanation of Monitoring and Enforcement of Conflicts 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, Line 15a: Compensation Review & Approval Process - CEO, Top Management PFUND FOUNDATION CONDUCTS PERFORMANCE REVIEWS ANNUALLY. A PERFORMANCE REVIEW DOES NOT NECESSARILY IMPLY AN INCREASE IN PAY. PFUND FOUNDATION IS COMMITTED IN PRINCIPLE TO PAYING MARKET WAGES INSOFAR AS POSSIBLE. DUE TO THE SIZE AND NON-PROFIT STATUS OF THE ORGANIZATION, THIS MAY NOT ALWAYS BE 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 TO THE ORGANIZATION; AND 6. PFUND FOUNDATION'S ABILITY TO PAY. COMPENSATION AND BENEFIT REVIEWS HAPPEN ANNUALLY. 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. Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees 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. Form 990, Part VI, Line 19: Other Organization Documents Publicly Available 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.