2018-02-02T11:41:31-06:00 2017-06-30 420714325 RSM US LLP 310 BROADWAY AVENUE S SUITE 300 ROCHESTER MN 55904 990 2016-07-01 363454285 SOUTHERN MINNESOTA INITIATIVE FOUNDATION SOUT 5074553215 525 FLORENCE AVENUE OWATONNA MN 55060 BRIAN CONZEMIUS VICE PRESIDENT/CFO 5074553215 2018-01-29 1 DANIEL W EDWARDS P00043974 5072886476 108.171.131.189 2018-01-29 11:07:21 CS P 77CC049C01441EF7961752BDACBBFF828AE1FAD9 77CC049C01441EF7961752BDACBBFF828AE1FAD9 2016 2021-01-29 14:40:06Z BRIAN CONZEMIUS 525 FLORENCE AVENUE OWATONNA MN 55060 20090228 0 X HTTP://WWW.SMIFOUNDATION.ORG X 1986 MN PROMOTES REGIONAL ECONOMIC OPPORTUNITIES AND COLLABORATIONS WITH A FOCUS ON (CONT. ON SCH. O)ENTREPRENEURS AND EARLY CHILDHOOD DEVELOPMENT, BY PROVIDING GRANTS, LOANS AND TECHNICAL ASSISTANCE TO NONPROFITS, GOVERNMENT AGENCIES AND BUSINESSES. 15 15 59 0 0 0 4426529 6170191 241946 234156 1124379 1534132 0 0 5792854 7938479 1321995 1539005 0 0 1823468 1870907 0 0 190238 1026701 1481289 4172164 4891201 1620690 3047278 43744900 48959519 3671874 3466931 40073026 45492588 X PROMOTES REGIONAL ECONOMIC OPPORTUNITIES AND COLLABORATIONS WITH A FOCUS ON ENTREPRENEURS AND EARLY CHILDHOOD DEVELOPMENT, BY PROVIDING GRANTS, LOANS AND TECHNICAL ASSISTANCE TO NONPROFITS, GOVERNMENT AGENCIES AND BUSINESSES. 0 0 1795907 230650 18275 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. 1798597 728893 9275 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. 422689 111331 16800 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. 87732 468131 COMMUNITY FOUNDATIONS (FISCAL HOST) 87732 468131 4104925 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 59 1 0 0 0 0 0 1 1 0 0 X 15 15 0 0 1 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 DAVE FISK BOARD MEMBER 2.00 X 0 0 0 COLLEEN SKILLINGS BOARD MEMBER 2.00 X 0 0 0 SUE KOLLING BOARD MEMBER 2.00 X 0 0 0 JUNE REINEKE SECRETARY 2.00 X X 0 0 0 JENNIFER SAWYER CHAIR 2.00 X X 0 0 0 SUZANNE BLUE BOARD MEMBER 2.00 X 0 0 0 LISA CLARKE BOARD MEMBER 2.00 X 0 0 0 FRED KRAHMER VICE CHAIR 2.00 X X 0 0 0 DAVID KRUEGER MEMBER AT LARGE 2.00 X X 0 0 0 TRACY JEVNING BOARD MEMBER 2.00 X 0 0 0 ADENUGA ATEWOLOGUN MEMBER AT LARGE 2.00 X X 0 0 0 CYNTHIA SCHEID TREASURER 2.00 X X 0 0 0 SUE HARRIS BOARD MEMBER 2.00 X 0 0 0 JOHN PETERSON BOARD MEMBER 2.00 X 0 0 0 COREY MENSINK BOARD MEMBER 2.00 X 0 0 0 TIMOTHY PENNY PRESIDENT/CEO 40.00 X 160728 0 32233 BRIAN CONZEMIUS VICE PRESIDENT/CFO 40.00 X 107971 0 23977 PAMELA BISHOP VP OF ECONOMIC DEVELOPMENT 40.00 X 108526 0 4172 377225 0 60382 3 0 1 0 0 35127 973789 5161275 462822 6170191 LOAN INTEREST 900099 234156 234156 234156 666400 666400 12998190 12130458 867732 867732 867732 21291 35127 21291 0 7938479 234156 0 1534132 1463671 1463671 75334 75334 324909 144127 162063 18719 1211294 1007545 116516 87233 46283 34773 6805 4705 182309 164489 3715 14105 106112 68831 28680 8601 14200 11296 2904 43225 2120 41105 168500 168500 285908 279027 700 6181 35414 26444 783 8187 218306 181007 18315 18984 18525 12721 1625 4179 78399 58849 11819 7731 96467 89190 322 6955 17733 17733 25865 20180 3803 1882 21911 20198 1146 567 BAD DEBTS 274740 274740 0 0 OTHER EXPENSES 157586 152650 2727 2209 BOARD EXPENSE 24510 0 24510 0 4891201 4104925 596038 190238 3905953 3152070 1303847 3445887 3384143 3425996 42461 37559 1088115 580491 534297 507624 34562390 38373615 11809 16768 43744900 48959519 145177 136768 85875 95313 295000 352000 2957154 2683616 188668 199234 3671874 3466931 X 3580433 2997100 15499573 21134746 20993020 21360742 40073026 45492588 43744900 48959519 3047278 2372284 0 X X 0 1 X 1 0 X 3356376 2470285 2688062 4426529 6170191 19111443 3356376 2470285 2688062 4426529 6170191 19111443 6449738 12661705 727182 689364 696825 677512 666400 3457283 22568726 1203407 0.56100 0.49190 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 0 1 15 0 0 1 1070 0 0 1085 0 5 19445 30620 1493759 1 1 31115350 633376 3537930 0 92596 35194060 32125746 874139 -588445 1296090 31115350 32219862 918503 71166 1083785 32125746 27962516 811358 4589145 1143157 32219862 24773912 1272691 3033613 1117700 27962516 0.00000 0.60700 0.39300 0 0 718685 296892 421793 289430 269054 20376 80000 14545 65455 507624 OTHER INVESTMENTS 38373615 F 38373615 REFUNDABLE ADVANCES 74910 LINE OF CREDIT 124324 199234 X 10142263 2372284 -168500 2203784 7938479 0 7938479 4722701 0 4722701 168500 168500 4891201 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, 2017, THERE IS NO MATERIAL AMOUNT OF UNRELATED BUSINESS INCOME. THE FOUNDATION IS ALSO EXEMPT FROM STATE INCOME TAXES UNDER APPLICABLE MINNESOTA STATUTES. EFFECTIVE JULY 1, 2009, THE FOUNDATION ADOPTED THE PROVISIONS OF ASC 740, INCOME TAXES, RELATED TO ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES (PREVIOUSLY FIN 48). THESE PROVISIONS CLARIFY THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN AN ENTERPRISE'S FINANCIAL STATEMENTS IN ACCORDANCE WITH ASC 740. THE STANDARD PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE STANDARD ALSO PROVIDES GUIDANCE ON DERECOGNITION OF TAX BENEFITS, CLASSIFICATION ON THE BALANCE SHEET, INTEREST AND PENALTIES, ACCOUNTING IN INTERIM PERIODS, DISCLOSURE AND TRANSITION. THE INTERPRETATION REQUIRES THAT THE ENTITY RECOGNIZE IN THE FINANCIAL STATEMENTS THE IMPACT OF A TAX POSITION IF THAT POSITION WILL MORE LIKELY THAN NOT BE SUSTAINED ON AUDIT, BASED ON THE TECHNICAL MERITS OF THE POSITION. IN EVALUATING WHETHER A TAX POSITION HAS MET THE MORE-LIKELY-THAN-NOT RECOGNITION THRESHOLD, THE ENTITY SHOULD PRESUME THAT THE POSITION WILL BE EXAMINED BY THE APPROPRIATE TAXING AUTHORITY THAT HAS FULL KNOWLEDGE OF ALL RELEVANT INFORMATION. A TAX POSITION THAT MEETS THE MORE-LIKELY-THAN-NOT THRESHOLD IS MEASURED TO DETERMINE THE AMOUNT OF BENEFIT TO RECOGNIZE IN THE FINANCIAL STATEMENTS. THE TAX POSITION IS MEASURED AT THE LARGEST AMOUNT OF BENEFIT THAT IS GREATER THAN 50 PERCENT LIKELY OF BEING REALIZED UPON SETTLEMENT. INCOME TAX POSITIONS MUST MEET A MORE-LIKELY-THAN-NOT RECOGNITION THRESHOLD AT THE EFFECTIVE DATE TO BE RECOGNIZED UPON THE ADOPTION OF THESE PROVISIONS AND IN SUBSEQUENT PERIODS. THE ADOPTION OF THE ASC 740 PROVISIONS HAD NO IMPACT ON THE FINANCIAL STATEMENTS. AT JUNE 30, 2017 THE FEDERAL AND MINNESOTA TAX RETURNS FOR THE FOUNDATION ARE OPEN FOR EXAMINATION BY TAXING AUTHORITIES FOR THE YEARS 2014 TO 2016. AT JUNE 30, 2017, THE FOUNDATION DID NOT RECORD LIABILITIES FOR UNCERTAIN TAX POSITIONS. PART XI, LINE 2D - OTHER ADJUSTMENTS: INVESTMENT FEES NETTED WITH REVENUE -168,500. PART XII, LINE 4B - OTHER ADJUSTMENTS: INVESTMENT FEES NETTED WITH REVENUE 168,500. SVACF ANNUAL BANQUET 21315 12899 8416 1700 6716 HACF ANNUAL BANQUET 18359 15509 2850 428 2422 1 16744 6719 10025 10025 56418 35127 21291 2128 19163 21291 0 1 ALBERT LEA AREA SCHOOLS 211 RICHWAY DR W ALBERT LEA MN 56007 416001171 SCHOOL/EDUCATION 5591 CHILDRENS BOOKS DISTRIBUTED THROUGH EARLY CHILDHOOD PROGRAMS AMERICAN FAMILY INSURANCE MCCABE PROPERTIES LLC 21 W MAIN ST MADELIA MN 56062 477661593 5000 MADELIA BUSINESS FIRE RECOVERY ASSISTANCE AUSTIN COMMUNITY GROWTH VENTURES LLC 329 N MAIN ST STE 106L AUSTIN MN 55912 475042107 501C3 20000 AUSTIN COMMERCIALIZATION CO-WORKING SPACE AUSTIN PUBLIC SCHOOLS 401 3RD ST NW AUSTIN MN 55912 416002526 SCHOOL/EDUCATION 12000 SOCIAL EMOTIONAL DEVELOPMENT IN THE DAYCARE/SCHOOL ALIGNMENT BLOOMING PRAIRIE PUBLIC SCHOOLS 202 4TH AVE NW BLOOMING PRAIRIE MN 55917 416004108 SCHOOL/EDUCATION 8243 FMV BOOKS CHILDRENS BOOKS DISTRIBUTED THROUGH EARLY CHILDHOOD PROGRAMS BLUE EARTH ECONOMIC DEVELOPMENT AUTHORITY 125 6TH ST W BLUE EARTH MN 56013 416004991 GOVERNMENT 13327 AGRICULTURAL CENTER PARKING LOT RESURFACING CCR&R INC DBA FAMILIES FIRST OF MINNESOTA 126 WOODLAKE DR SE ROCHESTER MN 55904 410987753 501C3 17000 SOMALI COMMUNITY LIAISON - CHILD CARE AWARE CHURCH OF ST ANNE OF LE SUEUR 511 4TH ST N LE SUEUR MN 56058 410724077 501C3 10000 SUPPORT FOR ST ANNE'S SCHOOL CITY OF BLUE EARTH 125 6TH ST W BLUE EARTH MN 56013 416004991 GOVERNMENT 7295 COMMUNITY FOUNDATION SUPPORT FOR COMMUNITY PROGRAMS AND ACTIVITIES CITY OF HARMONY 225 3RD AVE SW HARMONY MN 55939 416005218 GOVERNMENT 6500 COMMUNITY FOUNDATION SUPPORT FOR COMMUNITY PROGRAMS AND ACTIVITIES CITY OF HENDERSON 600 MAIN ST HENDERSON MN 56044 416005226 GOVERNMENT 10000 HENDERSON PARK SHELTER PROJECT CITY OF LANESBORO 202 PARKWAY AVE S LANESBORO MN 55949 416005308 GOVERNMENT 8000 LANESBORO COMMUNITY INFORMATION PROJECT CITY OF MAPLETON PO BOX 366 MAPLETON MN 56065 416005347 GOVERNMENT 10000 LIBRARY COMMUNITY PARK EQUIPMENT CITY OF RUSHFORD 101 MILL ST N RUSHFORD MN 55971 416005505 GOVERNMENT 18200 VETERANS MEMORIAL PARK IN CREEKSIDE PARK CITY OF RUSHFORD 101 MILL ST N RUSHFORD MN 55971 416005505 GOVERNMENT 5000 CABLE ACCESS PUBLIC CHANNEL/CREEKSIDE SHELTER/POOL SHELTER CITY OF SPRING VALLEY 201 BROADWAY ST S SPRING VALLEY MN 55975 416005554 GOVERNMENT 10493 LIFE TRAIL FITNESS EQUIPMENT/COMMUNITY PROGRAMS CITY OF ST JAMES 124 ARMSTRONG BLVD ST JAMES MN 56081 416005517 GOVERNMENT 17125 MARKETING AND BRANDING PROJECT FOR ST. JAMES CITY OF ST JAMES 124 ARMSTRONG BLVD ST JAMES MN 56081 416005517 GOVERNMENT 7500 LIFE TRAIL FITNESS EQUIPMENT/COMMUNITY PROGRAMS CITY OF STEWARTVILLE 105 1ST ST E STEWARTVILLE MN 55976 416005563 GOVERNMENT 9000 BUSINESS INCUBATION ASSISTANCE AND EDUCATION CITY OF WABASHA 900 HIAWATHA DR E WABASHA MN 55981 416005601 GOVERNMENT 6028 COMMUNITY FOUNDATION SUPPORT OF COMMUNITY PROGRAMS AND ACTIVITIES CITY OF WYKOFF 217 GOLD ST N WYKOFF MN 55990 416005657 GOVERNMENT 30344 COMMUNITY FOUNDATION SUPPORT FOR WYKOFF VETERANS MEMORIAL DODGE COUNTY PUBLIC HEALTH 42 MAIN ST E DODGE CENTER MN 55927 416005790 GOVERNMENT 8387 FMV BOOKS CHILDRENS BOOKS DISTRIBUTED THROUGH EARLY CHILDHOOD PROGRAMS FAIRMONT AREA SCHOOLS 714 VICTORIA ST FAIRMONT MN 56031 411833686 SCHOOL/EDUCATION 5591 FMV BOOKS CHILDRENS BOOKS DISTRIBUTED THROUGH EARLY CHILDHOOD PROGRAMS FAIRMONT AREA SCHOOLS 714 VICTORIA ST FAIRMONT MN 56031 411833686 SCHOOL/EDUCATION 15290 MARTIN COUNTY EARLY CHILDHOOD DENTAL NETWORK/PREK-GRADE 3 ALIGNMENT PLANNING/EARLY CHILDHOOD ON THE GO FILLMORE CENTRAL SCHOOL DISTRICT 702 CHATFIELD ST PRESTON MN 55965 411809022 SCHOOL/EDUCATION 4200 BASEBALL FIELD RENOVATION/BACKPACK SCHOOL SUPPLIES PROGRAM FILLMORE CENTRAL SCHOOL DISTRICT 702 CHATFIELD ST PRESTON MN 55965 411809022 SCHOOL/EDUCATION 4659 FMV BOOKS CHILDRENS BOOKS DISTRIBUTED THROUGH EARLY CHILDHOOD PROGRAMS FILLMORE COUNTY PUBLIC HEALTH 902 HOUSTON ST NW STE 2 PRESTON MN 55965 416005794 GOVERNMENT 9785 FMV BOOKS CHILDRENS BOOKS DISTRIBUTED THROUGH EARLY CHILDHOOD PROGRAMS FREEBORN COUNTY PUBLIC HEALTH 411 S BROADWAY ALBERT LEA MN 56007 416005795 GOVERNMENT 9500 HEALTHY FAMILIES HOME VISITING PROGRAM HC GUNDERSON 105 WEST MAIN MADELIA MN 56062 472507979 15000 MADELIA BUSINESS FIRE RECOVERY ASSISTANCE HARMONY AREA HISTORICAL SOCIETY 740 3RD AVE SE HARMONY MN 55939 342045684 501C3 10000 HARMONY HISTORICAL PROJECT - HARMONY AREA CF HOPE AND FAITH FLORAL & GIFTS 23 MAIN ST W MADELIA MN 56062 262414413 15000 MADELIA BUSINESS FIRE RECOVERY ASSISTANCE HOUSTON COUNTY PUBLIC HEALTH 611 VISTA DR CALEDONIA MN 55921 416005804 GOVERNMENT 20000 GROW, LEARN, READ, EVERY DAY, TO SUCCEED HOUSTON COUNTY PUBLIC HEALTH 611 VISTA DR CALEDONIA MN 55921 416005804 GOVERNMENT 7455 FMV BOOKS CHILDRENS BOOKS DISTRIBUTED THROUGH EARLY CHILDHOOD PROGRAMS IMMANUEL LUTHERAN CHURCH 30 S WABASHA PLAINVIEW MN 55964 410764109 501C3 11000 PLAYGROUND EQUIPMENT UPDATE IMMANUEL LUTHERAN SCHOOL JUNIOR ACHIEVEMENT OF THE UPPER MIDWEST PO BOX 844 OWATONNA MN 55060 411424988 501C3 10000 JUNIOR ACHIEVEMENT COMPANY PROGRAM SOUTHERN MN EXPANSION KAY'S UPHOLSTERY 319 3RD ST SW MADELIA MN 56062 477547101 5000 MADELIA BUSINESS FIRE RECOVERY ASSISTANCE KENYON-WANAMINGO SCHOOL DISTRICT 400 6TH ST WANAMINGO MN 55946 411780357 SCHOOL/EDUCATION 8387 FMV BOOKS CHILDRENS BOOKS DISTRIBUTED THROUGH EARLY CHILDHOOD PROGRAMS KENYON-WANAMINGO SCHOOL DISTRICT 400 6TH ST WANAMINGO MN 55946 411780357 SCHOOL/EDUCATION 21500 KENYON-WANAMINGO EARLY CHILDHOOD INITIATIVE KENYON-WANAMINGO SCHOOL DISTRICT 400 6TH ST WANAMINGO MN 55946 411780357 SCHOOL/EDUCATION 20216 COMMUNITY BALL FIELD IMPROVEMENTS KINGSLAND PUBLIC SCHOOLS 705 SECTION AVE N SPRING VALLEY MN 55975 411740007 SCHOOL/EDUCATION 6500 MISSOULA CHILDREN'S THEATER/STEM SUMMER SCHOOL KINGSLAND PUBLIC SCHOOLS 705 SECTION AVE N SPRING VALLEY MN 55975 411740007 SCHOOL/EDUCATION 7455 FMV BOOKS CHILDRENS BOOKS DISTRIBUTED THROUGH EARLY CHILDHOOD PROGRAMS LA PLAZA FIESTA 15 MAIN ST W MADELIA MN 56062 454060331 15000 MADELIA BUSINESS FIRE RECOVERY ASSISTANCE LAKE CRYSTAL WELLCOME MEMORIAL SCHOOL DISTRICT 607 KNIGHTS LN LAKE CRYSTAL MN 56055 411680296 SCHOOL/EDUCATION 13140 OUR COMMUNITY, OUR KIDS/PREK-GRADE 3 ALIGNMENT PLANNING LAKE CRYSTAL WELLCOME MEMORIAL SCHOOLS 607 KNIGHTS LN LAKE CRYSTAL MN 56055 411680296 SCHOOL/EDUCATION 3728 FMV BOOKS CHILDRENS BOOKS DISTRIBUTED THROUGH EARLY CHILDHOOD PROGRAMS LAKE CRYSTAL WELLCOME MEMORIAL SCHOOLS 607 KNIGHTS LN LAKE CRYSTAL MN 56055 411680296 SCHOOL/EDUCATION 12500 BLUE EARTH & NICOLLET COUNTY EARLY CHILDHOOD DENTAL NETWORK MAPLE RIVER SCHOOLS PO BOX 515 MAPLETON MN 56065 411734559 SCHOOL/EDUCATION 34119 STUDENT ACTIVITY SUPPORT INCLUDING MUSIC, SCIENCE, THEATER, ATHLETICS AND TECHNOLOGY MAPLETON AREA CHAMBER OF COMMERCE PO BOX 288 MAPLETON MN 56065 411855221 501C6 7000 SNOWFLAKE DAZZLE COMMUNITY EVENT MARTIN COUNTY WEST SCHOOLS 105 5TH ST E SHERBURN MN 56171 411716840 SCHOOL/EDUCATION 13978 FMV BOOKS CHILDRENS BOOKS DISTRIBUTED THROUGH EARLY CHILDHOOD PROGRAMS MARTIN COUNTY WEST SCHOOLS 105 5TH ST E SHERBURN MN 56171 411716840 SCHOOL/EDUCATION 7428 FMV BOOKS CHILDRENS BOOKS DISTRIBUTED THROUGH EARLY CHILDHOOD PROGRAMS MEDFORD PUBLIC SCHOOLS 750 2ND AVE SE MEDFORD MN 55049 416004065 SCHOOL/EDUCATION 12318 FMV BOOKS CHILDRENS BOOKS DISTRIBUTED THROUGH EARLY CHILDHOOD PROGRAMS MINNESOTA VALLEY ACTION COUNCIL 706 NORTH VICTORY DRIVE MANKATO MN 56001 416050353 501C3 31671 FMV BOOKS CHILDRENS BOOKS DISTRIBUTED THROUGH EARLY CHILDHOOD PROGRAMS MN STATE UNIVERSITY MANKATO 150 MORRIS HALL MANKATO MN 56001 411687554 SCHOOL/EDUCATION 25000 COMMUNITY GROWTH INITIATIVE TO FOSTER ENTREPRENEURIAL KNOWLEDGE DEVELOPMENT MN VALLEY ACTION COUNCIL 706 NORTH VICTORY DRIVE MANKATO MN 56001 416050353 501C3 9500 GROWING GREAT KIDS CURRICULUM TRAINING FOR HOME VISITING MONSTER BASH INC 155 4TH AVE SE HARMONY MN 55939 814430355 501C3 7000 MONSTER BASH HAUNTED HOUSE PROJECT NEW PRAGUE AREA SCHOOLS 420 CENTRAL AVE NEW PRAGUE MN 56071 416003815 SCHOOL/EDUCATION 10000 SOCIAL EMOTIONAL BOOK BAGS - TAKE HOME PROJECTS AND TRAINING FOR PREK TEACHERS AND CHILD CARE PROVIDERS NEW PRAGUE PUBLIC SCHOOLS 420 CENTRAL AVE NEW PRAGUE MN 56071 416003815 SCHOOL/EDUCATION 5125 NEW PRAGUE EARLY CHILDHOOD INITIATIVE & ALIGNMENT PLANNING NEW PRAGUE PUBLIC SCHOOLS 420 CENTRAL AVE NEW PRAGUE MN 56071 416003815 SCHOOL/EDUCATION 7455 FMV BOOKS CHILDRENS BOOKS DISTRIBUTED THROUGH EARLY CHILDHOOD PROGRAMS NORTHFIELD HEALTHY COMMUNITY INITIATIVE 1651 JEFFERSON PKWY NORTHFIELD MN 55057 262852506 501C3 14740 LIT BY THE ARTS: ARTS-BASED LITERACY PROGRAM NORTHFIELD PUBLIC SCHOOLS 1651 JEFFERSON PKWY NORTHFIELD MN 55057 416008327 SCHOOL/EDUCATION 6033 RICE COUNTY EARLY CHILDHOOD DENTAL NETWORK/PREK-GRADE 3 ALIGNMENT PLANNING NORTHFIELD PUBLIC SCHOOLS 1651 JEFFERSON PKWY NORTHFIELD MN 55057 416008327 SCHOOL/EDUCATION 13046 FMV BOOKS CHILDRENS BOOKS DISTRIBUTED THROUGH EARLY CHILDHOOD PROGRAMS NORTHFIELD PUBLIC SCHOOLS 1651 JEFFERSON PKWY NORTHFIELD MN 55057 416008327 SCHOOL/EDUCATION 10000 APOYANDO NUESTROS BEBES (SUPPORTING OUR BABIES) OWATONNA FORWARD PO BOX 1116 OWATONNA MN 55060 363454285 501C3 35954 OWATONNA COMMUNITY VISIONING AND STEWARDSHIP PROJECT PARENTING RESOURCE CENTER 105 1ST ST SE STE A AUSTIN MN 55912 411307920 501C3 5591 FMV BOOKS CHILDRENS BOOKS DISTRIBUTED THROUGH EARLY CHILDHOOD PROGRAMS PLAINVIEW ELGIN MILLVILLE COMMUNITY SCHOOL DISTRICT 500 BROADWAY W PLAINVIEW MN 55964 331134777 SCHOOL/EDUCATION 11030 COMMUNITY FOUNDATION SUPPORT FOR SCHOOL PROGRAMS PROJECT SPLASH 1149 CR 1500E URBANA IL 61802 475598772 5000 STUDENT BUSINESS COMPETITION AWARD/ENTREPRENEURIAL BRIDGE REACH OUT AND READ MINNESOTA 701 PARK AVE MAIL CODE G7 MINNEAPOLIS MN 55415 811641189 501C3 10000 START-UP BOOK SUPPORT FOR REACH OUT AND READ REGION NINE DEVELOPMENT COMMISSION 10 CIVIC CENTER PLZ STE 3 MANKATO MN 56002 410995425 501C3 20000 MEDTECH CONNECT - INVESTING IN MANUFACUTURING COMMUNITIES PARTNERSHIP RICE COUNTY PUBLIC HEALTH 320 3RD ST NW FARIBAULT MN 55021 416005882 GOVERNMENT 9500 RICE COUNTY FAMILY CHILD HEALTH HOME VISITING PROGRAM RIDGEWAY COMMUNITY SCHOOL 35564 WINONA CO RD 12 RIDGEWAY MN 55943 412015115 SCHOOL/EDUCATION 7845 FMV BOOKS CHILDRENS BOOKS DISTRIBUTED THROUGH EARLY CHILDHOOD PROGRAMS ROCHESTER AREA FOUNDATION 12 ELTON HILLS DR NW ROCHESTER MN 55901 416017740 501C3 10000 BYRON - MOST FIT CITY - PROVIDE ACCESS TO FITNESS EQUIPMENT AND EVENTS TO ALL MEMBERS OF COMMUNITY ROCHESTER PUBLIC SCHOOLS 615 7TH ST SW ROCHESTER MN 55902 416002803 SCHOOL/EDUCATION 30160 FMV BOOKS CHILDRENS BOOKS DISTRIBUTED THROUGH EARLY CHILDHOOD PROGRAMS SAINT CHARLES PUBLIC SCHOOLS 925 CHURCH AVE ST CHARLES MN 55972 416004727 SCHOOL/EDUCATION 12000 EARLY LEARNING OUTDOOR COMMUNITY PLAYGROUND SAINT JAMES PUBLIC SCHOOLS 500 3RD AVE S ST JAMES MN 56081 416004625 SCHOOL/EDUCATION 12061 WATONWAN COUNTY EARLY CHILDHOOD PROGRAMS SAINT JAMES PUBLIC SCHOOLS 500 3RD AVE S ST JAMES MN 56081 416004625 SCHOOL/EDUCATION 14250 FMV BOOKS CHILDRENS BOOKS DISTRIBUTED THROUGH EARLY CHILDHOOD PROGRAMS SEMCAC 204 ELM ST S RUSHFORD MN 55971 410907135 501C3 20000 EARLY LEARNING AND DEVELOPMENT HOME-BASED PRESCHOOL SEMCAC HEAD START 204 ELM ST S RUSHFORD MN 55971 410907135 501C3 12565 FMV BOOKS CHILDRENS BOOKS DISTRIBUTED THROUGH EARLY CHILDHOOD PROGRAMS SIBLEY COUNTY 400 COURT AVE GAYLORD MN 55334 416005897 GOVERNMENT 12500 COMMUNITY PROJECT TO UNIFY CITIES AND TOWNSHIPS IN SIBLEY COUNTY FOR ECONOMIC AND COMMUNITY GROWTH ST CHARLES PUBLIC SCHOOLS 925 CHURCH AVE ST CHARLES MN 55972 416004727 SCHOOL/EDUCATION 7334 FMV BOOKS CHILDRENS BOOKS DISTRIBUTED THROUGH EARLY CHILDHOOD PROGRAMS THREE RIVERS COMMUNITY ACTION 1414 NORTH ST DR ZUMBROTA MN 55992 410906178 501C3 10553 FMV BOOKS CHILDRENS BOOKS DISTRIBUTED THROUGH EARLY CHILDHOOD PROGRAMS THREE RIVERS COMMUNITY ACTION INC 1414 NORTH ST DR ZUMBROTA MN 55992 410906178 501C3 12585 SE MINNESOTA REGIONAL TRANSIT PHASE I AND WABASHA COUNTY SENIOR PROGRAMS UNITED WAY OF BROWN COUNTY PO BOX 476 NEW ULM MN 56073 416033115 501C3 8750 BROWN COUNTY EARLY CHILDHOOD DENTAL NETWORK UNITED WAY OF BROWN COUNTY PO BOX 476 NEW ULM MN 56073 416033115 501C3 10000 LIBRARIANS BUILDING SOCIAL SKILLS UNIVERSITY OF MINNESOTA FOUNDATION 200 OAK ST SE STE 500 MINNEAPOLIS MN 55455 416042488 SCHOOL/EDUCATION 40000 MINNESOTA FOOD/AGRICULTURE/BEVERAGE SOURCELINK WABASHA PUBLIC LIBRARY 166 ALLEGHANY AVE WABASHA MN 55981 416005601 GOVERNMENT 16231 CHILDREN'S LIBRARY EXPANSION PROJECT WATERVILLE-ELYSIAN-MORRISTOWN PUBLIC SCHOOLS 500 EAST PAQUIN ST WATERVILLE MN 56096 411743364 SCHOOL/EDUCATION 5000 WEM GROWING GREAT KIDS HOME VISITING PROGRAM WATONWAN COUNTY BEYOND THE YELLOW RIBBON 108 8TH ST S STE 3 ST JAMES MN 56081 272727487 501C3 9500 REACH OUT HOME VISITING PROGRAM WATONWAN COUNTY HUMAN SERVICES 715 2ND AVE S ST JAMES MN 56081 416005922 GOVERNMENT 8853 FMV BOOKS CHILDRENS BOOKS DISTRIBUTED THROUGH EARLY CHILDHOOD PROGRAMS WINONA COMMUNITY FOUNDATION 51 4TH ST E STE 314 WINONA MN 55987 363500853 501C3 10000 COMMUNITY PREK-3 EDUSNAP INITIATIVE YOUTH FIRST 714 VICTORIA ST FAIRMONT MN 56031 200671259 SCHOOL/EDUCATION 17000 HOME VISITOR PROJECT/HEALTHY START FOR FAIRMONT CHILDREN SCHOLARSHIPS 3 5650 HARDSHIP ASSISTANCE 42 69684 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 0 0 0 0 0 0 0 0 0 TIMOTHY PENNY PRESIDENT/CEO 160728 0 0 0 0 0 7425 0 24808 0 192961 0 0 0 X 440120 FMV X 2 22702 FMV 0 1 0 FORM 990, PART VI, SECTION A, LINE 4 SOUTHERN MINNESTOA INITITIVE FOUNDATION UPDATED THEIR AIRTICLES OF INCORPORATION AND BYLAWS THROUGH A LEGAL REVEIW TO ENSURE THEY WERE IN COMPLIANCE WITH STAUTORY LANGUAGE. 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. 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 INFORMATION IS GIVEN ON OUR WEBSITE FOR REQUESTS AND THE CFO WILL MAKE ANY DOCUMENTS AVAILABLE UPON REQUEST. 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.