2016-01-29T10:01:57-06:00 2015-06-30 420714325 RSM US LLP 310 BROADWAY AVENUE S SUITE 300 ROCHESTER MN 55904 990 2014-07-01 363454285 SOUTHERN MINNESOTA INITIATIVE FOUNDATION SOUT 5074553215 525 FLORENCE AVENUE OWATONNA MN 55060 BRIAN CONZEMIUS VICE PRESIDENT/CFO 5074553215 2016-01-29 1 DANIEL W EDWARDS P00043974 5072886476 2014 2016-04-25 22:37:26Z BRIAN CONZEMIUS 525 FLORENCE AVENUE OWATONNA MN 55060 14495701 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. 13 13 61 0 0 0 2470285 2688062 248323 232966 2633490 1497140 0 0 5352098 4418168 1290304 1404281 0 0 1667850 1695120 0 0 129586 852128 940296 3810282 4039697 1541816 378471 44003189 44475291 3041155 4310510 40962034 40164781 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 1262697 352887 20203 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. 1505583 496724 6104 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. 474265 87479 24732 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. 57636 467191 SOUTHERN MINNESOTA INITIATIVE FOUNDATION IS THE FISCAL HOST FOR VARIOUS COMMUNITY FOUNDATIONS IN THE REGION, SO THEY MAY CONDUCT ASSET-BASED DEVELOPMENT ACTIVITIES IN THEIR LOCAL COMMUNITIES. 57636 467191 3300181 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 21 0 1 61 1 0 0 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 X BRIAN CONZEMIUS 5074553215 525 FLORENCE AVENUE OWATONNA MN 55060 JEAN BURKHARDT CHAIR 2.00 X X 0 0 0 DAVE FISK BOARD MEMBER 2.00 X 0 0 0 BUKATA HAYES SECRETARY 2.00 X X 0 0 0 COLLEEN SKILLINGS BOARD MEMBER 2.00 X 0 0 0 RAYMOND STAWARZ TREASURER 2.00 X X 0 0 0 SUE KOLLING BOARD MEMBER 2.00 X 0 0 0 JUNE REINEKE BOARD MEMBER 2.00 X 0 0 0 JENNIFER SAWYER VICE 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 BOARD MEMBER 2.00 X 0 0 0 DAVID KRUEGER BOARD MEMBER 2.00 X 0 0 0 TRACY JEVNING BOARD MEMBER 2.00 X 0 0 0 TIMOTHY PENNY PRESIDENT/CEO 40.00 X 157365 0 31846 BRIAN CONZEMIUS VICE PRESIDENT/CFO 40.00 X 102233 0 16788 259598 0 48634 2 0 1 0 0 17505 426638 2243919 302877 2688062 LOAN INTEREST 900099 232966 232966 232966 696825 696825 10851977 10051662 800315 800315 800315 25871 17505 25871 0 4418168 232966 0 1497140 1349714 1349714 54567 54567 308232 156079 131366 20787 1145718 948596 139417 57705 24118 14329 6416 3373 122827 117414 4049 1364 94225 54222 28387 11616 14243 11570 2673 42568 2172 40396 191103 191103 91946 86841 2183 2922 19445 14038 410 4997 154464 128930 13951 11583 16605 13078 2193 1334 74793 59681 8963 6149 21362 21263 68 31 27773 22150 3854 1769 20296 18771 1045 480 OTHER EXPENSES 147094 138150 3468 5476 OPERATING EXPENSES 57636 57636 BAD DEBTS 30980 30980 BOARD EXPENSE 29988 29988 4039697 3300181 609930 129586 3001859 3959207 3687882 2519297 3071559 3224231 29552 24746 1073457 558443 532888 515014 33664460 34209859 14989 22937 44003189 44475291 126833 126720 110399 137489 0 475000 2302045 3363456 501878 207845 3041155 4310510 X 3014593 3149996 18171011 16627564 19776430 20387221 40962034 40164781 44003189 44475291 378471 -1175724 0 X X 0 1 X 1 0 X 2027218 6166508 3356376 2470285 2688062 16708449 2027218 6166508 3356376 2470285 2688062 16708449 6936284 9772165 849237 877904 727182 689364 696825 3840512 20548961 1242297 0.47560 0.46010 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 0 1 200 0 0 1 500 0 0 700 0 3 2 183202 5000 19000 259248 15139 1 1 32219862 918503 71166 1083785 32125746 27962516 811358 4589145 1143157 32219862 24773912 1272691 3033613 1117700 27962516 26222261 505980 -851890 1102439 24773912 21592132 316997 5386657 1073525 26222261 0.00000 0.63000 0.37000 0 0 706349 269298 437051 287108 276216 10892 80000 12929 67071 515014 OTHER INVESTMENTS 34209859 F 34209859 REFUNDABLE ADVANCES 68578 LINE OF CREDIT 139267 207845 X 3051341 -1175724 -191103 -1366827 4418168 0 4418168 3848594 0 3848594 191103 191103 4039697 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, 2015, 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, 2015 THE FEDERAL AND MINNESOTA TAX RETURNS FOR THE FOUNDATION ARE OPEN FOR EXAMINATION BY TAXING AUTHORITIES FOR THE YEARS 2012 TO 2014. AT JUNE 30, 2015, THE FOUNDATION DID NOT RECORD LIABILITIES FOR UNCERTAIN TAX POSITIONS. PART XI, LINE 2D - OTHER ADJUSTMENTS: INVESTMENT FEES NETTED WITH REVENUE -191,103. PART XII, LINE 4B - OTHER ADJUSTMENTS: INVESTMENT FEES NETTED WITH REVENUE 191,103. SVACF ANNUAL BANQUET 16310 4146 12164 5805 6032 327 PCF ANNUAL BANQUET 12570 5118 7452 7452 2 14496 8241 6255 6255 43376 17505 25871 13257 6032 6582 25871 0 1 AUSTIN PUBLIC SCHOOLS 401 3RD ST NW AUSTIN MN 55912 416002526 SCHOOL/EDUCATION 11081 FMV BOOKS CHILDRENS BOOKS DISTRIBUTED THROUGH EARLY CHILDHOOD PROGRAMS AUSTIN PUBLIC SCHOOLS 401 3RD ST NW AUSTIN MN 55912 416002526 SCHOOL/EDUCATION 2500 READING OASIS ROOM BLOOMING PRAIRIE SCHOOLS 202 4TH AVE NW BLOOMING PRAIRIE MN 55917 416004108 SCHOOL/EDUCATION 8441 FMV BOOKS CHILDRENS BOOKS DISTRIBUTED THROUGH EARLY CHILDHOOD PROGRAMS BROWN NICOLLET WATONWAN COUNTY DRUG COURT 1 SOUTH STATE STREET NEW ULM MN 56073 416005765 GOVERNMENT 17980 FAMILY EDUCATION PROGRAM CHILD CARE RESOURCE & REFERRAL 126 WOODLAKE DRIVE SE ROCHESTER MN 55904 411987753 501C3 10250 SCHOOL READINESS PARTNER TECHNOLOGY PROJECT CHURCH OF ST ANNE OF LE SUEUR 217 N 3RD ST LE SUEUR MN 56058 410724077 501C3 5000 MILK COOLING MACHINE/COMPUTER CITY OF HARMONY PO BOX 488 HARMONY MN 55939 411526181 GOVERNMENT 6500 COMMUNITY GARDEN PROJECT & COMMUNITY FESTIVAL SUPPORT CITY OF MADISON LAKE 525 MAIN ST MADISON LAKE MN 56063 416005339 GOVERNMENT 6000 SUPPORT FOR COMMUNITY FARMERS MARKET CITY OF MADISON LAKE 525 MAIN ST MADISON LAKE MN 56063 416005339 GOVERNMENT 4000 VETERANS MEMORIAL CITY OF PRESTON PO BOX 684 PRESTON MN 55965 416005468 GOVERNMENT 6000 COMMUNITY SOFTBALL FIELD DUGOUTS CITY OF SPRING VALLEY 201 BROADWAY ST S SPRING VALLEY MN 55975 416005554 GOVERNMENT 7000 PLAYGROUND EQUIPMENT/MUSIC IN THE PARK & FAMILY FUN NIGHT CITY OF ST JAMES PO BOX 70 ST JAMES MN 56082 411849588 GOVERNMENT 16540 PRINCESS THEATER RESTORATION AND MAINTENANCE COMMUNITY & ECONOMIC DEVELOPMENT ASSOCIATES 1500 HWY 52 S CHATFIELD MN 55923 411560462 501C3 20000 REGIONAL COMMUNITY GROWTH INITIATIVE: DEVELOPING LOCAL MARKETS AND CREATE NEW OPPORTUNITIES EAGLES FIFTH DISTRICT CANCER TELETHON 917 15TH AVE SE ROCHESTER MN 55904 411419117 501C3 60987 RUSHFORD AREA COMMUNITY SUPPORT FOR CANCER RESEARCH FARIBAULT PUBLIC SCHOOLS 2800 1ST AVE NW STE 1 FARIBAULT MN 55021 416003618 SCHOOL/EDUCATION 20000 FARIBAULT COMMUNITY LEARNING PILOT PROGRAM FILLMORE CENTRAL SCHOOL DISTRICT 702 CHATFIELD ST PRESTON MN 55965 411809022 SCHOOL/EDUCATION 4450 FILLMORE CENTRAL BUDDY BENCH AND CERAMICS PROGRAM START UP FILLMORE CENTRAL SCHOOL DISTRICT 702 CHATFIELD ST PRESTON MN 55965 411809022 SCHOOL/EDUCATION 12000 SCHOOL READINESS TECHNOLOGY UPDATE FILLMORE CENTRAL SCHOOL DISTRICT 702 CHATFIELD ST PRESTON MN 55965 411809022 SCHOOL/EDUCATION 5000 SENIOR STUDENT SCHOLARSHIPS FREEBORN COUNTY PUBLIC HEALTH 411 S BROADWAY ALBERT LEA MN 56007 416005795 GOVERNMENT 10000 HOME VISITING PROGRAM FREEBORN COUNTY PUBLIC HEALTHFAMILY SERVICES 411 S BROADWAY ALBERT LEA MN 56007 416005795 GOVERNMENT 13530 FMV BOOKS CHILDRENS BOOKS DISTRIBUTED THROUGH EARLY CHILDHOOD PROGRAMS GOODHUE PUBLIC SCHOOLS 510 3RD AVENUE GOODHUE MN 55027 416008252 SCHOOL/EDUCATION 9929 GOODHUE EARLY LITERACY PARTNERSHIP GREATER JOBS INC 2610 YH HANSON AVE ALBERT LEA MN 56007 416004922 GOVERNMENT 20000 ALBERT LEA ENTREPRENEURAL ADVANCEMENT PROGRAM JUNIOR ACHIEVEMENT OF UPPER MIDWEST PO BOX 844 OWATONNA MN 55060 411424988 501C3 15000 JUNIOR ACHEIVEMENT COMPANY PROGRAM SOUTHERN MN EXPANSION KASSON MANTORVILLE PUBLIC SCHOOLS 101 16TH ST NE KASSON MN 55944 416008530 SCHOOL/EDUCATION 6746 FMV BOOKS CHILDRENS BOOKS DISTRIBUTED THROUGH EARLY CHILDHOOD PROGRAMS KASSON MANTORVILLE PUBLIC SCHOOLS 101 16TH ST NE KASSON MN 55944 416008530 SCHOOL/EDUCATION 2500 EARLY CHILDHOOD INITIATIVE COORDINATOR STIPEND KENYON-WANAMINGO PUBLIC SCHOOLS 400 6TH ST WANAMINGO MN 55946 411780357 SCHOOL/EDUCATION 64523 IMPROVEMENTS AND UPGRADES TO COMMUNITY BALLFIELD KIDS KORNER 600 FLORENCE AVE OWATONNA MN 55060 411753745 501C3 15000 ECSE INCLUSION PARTNERSHIP KINGSLAND PUBLIC SCHOOLS 705 SECTION AVE N SPRING VALLEY MN 55975 411740007 SCHOOL/EDUCATION 4110 FMV BOOKS CHILDRENS BOOKS DISTRIBUTED THROUGH EARLY CHILDHOOD PROGRAMS KINGSLAND PUBLIC SCHOOLS 705 SECTION AVE N SPRING VALLEY MN 55975 411740007 SCHOOL/EDUCATION 2500 GATEWAY ACADEMY: SUMMER CAMP FOCUSING ON STEM CLASSES AND PROJECTS KINGSLAND PUBLIC SCHOOLS 705 SECTION AVE N SPRING VALLEY MN 55975 411740007 SCHOOL/EDUCATION 5000 KINGSLAND SCHOOL SIGN KINGSLAND PUBLIC SCHOOLS 705 SECTION AVE N SPRING VALLEY MN 55975 411740007 SCHOOL/EDUCATION 1000 SENIOR SCHOLARSHIPS KIWANIS INTERNATIONAL 720 GRANT AVENUE NORTH MANKATO MN 56003 410738489 501C3 24958 SCHOLASTIC BOOK DISTRIBUTION TO HEAD START AND EARLY CHILDHOOD CENTERS IN THE REGION LATINO ECONOMIC DEVELOPMENT CENTER 1501 EAST LAKE STREET MINNEAPOLIS MN 55407 510467167 501C3 20000 BEGINNING LATINO FARMERS IN SE MINNESOTA MAIN STREET PROJECT 105 4TH ST E STE 300 NORTHFIELD MN 55057 201788275 501C3 59061 SUPPORT THE AGRIPRENEUR TRAINING PROGRAM AS PART OF AN EMERGING LOCAL FOOD NETWORK MAPLE RIVER SCHOOLS PO BOX 515 MAPLETON MN 56065 411734559 SCHOOL/EDUCATION 41133 STUDENT ACTIVITY SUPPORT INCLUDING MUSIC, SCIENCE, THEATER AND TECHNOLOGY MEDFORD PUBLIC SCHOOLS 750 2ND AVE SE MEDFORD MN 55049 416004065 SCHOOL/EDUCATION 5288 FMV BOOKS CHILDRENS BOOKS DISTRIBUTED THROUGH EARLY CHILDHOOD PROGRAMS MINNESOTA COUNCIL OF CHURCHES 122 FRANKLIN AVE W STE 100 MINNEAPOLIS MN 55404 410693871 501C3 5404 ADDRESS EMPLOYABILITY BARRIERS AND INCREASE EMPLOYER NETWORKING OPPORTUNITIES FOR REFUGEES MINNESOTA STATE COLLEGE SOUTHEAST TECHNICAL 308 PIONEER RD RED WING MN 55066 411687554 SCHOOL/EDUCATION 20000 EARLY CHILDHOOD COMMUNITY RESOURCE CENTER MINNESOTA VALLEY ACTION COUNCIL 706 NORTH VICTORY DRIVE MANKATO MN 56001 416050353 501C3 27357 FMV BOOKS CHILDRENS BOOKS FOR AREA HEAD START PROGRAMS NEW PRAGUE AREA SCHOOLS 420 CENTRAL AVE NEW PRAGUE MN 56071 416003815 SCHOOL/EDUCATION 6921 FMV BOOKS CHILDRENS BOOKS DISTRIBUTED THROUGH EARLY CHILDHOOD PROGRAMS NEW ULM PUBLIC SCHOOLS 400 PAYNE ST S NEW ULM MN 56073 416000373 SCHOOL/EDUCATION 6172 FMV BOOKS CHILDRENS BOOKS DISTRIBUTED THROUGH EARLY CHILDHOOD PROGRAMS NEW ULM PUBLIC SCHOOLS 400 PAYNE ST S NEW ULM MN 56073 416000373 SCHOOL/EDUCATION 9580 ECFE ON THE GO NORTHFIELD HEALTHY COMMUNITY INITIATIVE 1651 JEFFERSON PKWY W STE HS128 NORTHFIELD MN 55057 262852506 501C3 9747 SUPPORT FOR TORCH SUMMER JOB/INTERNSHIP PROGRAM FOR MINORITY STUDENTS NORTHFIELD PUBLIC SCHOOLS 1651 JEFFERSON PKWY NORTHFIELD MN 55057 416008327 SCHOOL/EDUCATION 3204 FMV BOOKS CHILDRENS BOOKS DISTRIBUTED THROUGH EARLY CHILDHOOD PROGRAMS NORTHFIELD PUBLIC SCHOOLS 1651 JEFFERSON PKWY NORTHFIELD MN 55057 416008327 SCHOOL/EDUCATION 10000 EARLY CHILDHOOD DENTAL NETWORK NORTHFIELD PUBLIC SCHOOLS 1651 JEFFERSON PKWY NORTHFIELD MN 55057 416008327 SCHOOL/EDUCATION 2500 READING OASIS ROOM ODIN COMMUNITY CLUB INCORPORATED 106 S 1ST ST ODIN MN 56160 411648838 501C4 7000 COMMUNITY CENTER AND PLAYGROUND EQUIPMENT OWATONNA PUBLIC SCHOOLS 515 BRIDGE ST W OWATONNA MN 55060 416004063 SCHOOL/EDUCATION 9149 FMV BOOKS CHILDRENS BOOKS DISTRIBUTED THROUGH EARLY CHILDHOOD PROGRAMS OWATONNA PUBLIC SCHOOLS 515 BRIDGE ST W OWATONNA MN 55060 416004063 SCHOOL/EDUCATION 21500 OWATONNA EARLY CHILDHOOD INITIATIVE OWATONNA PUBLIC SCHOOLS 515 BRIDGE ST W OWATONNA MN 55060 416004063 SCHOOL/EDUCATION 20000 PRE-K SCHOOL READINESS/LITERACY DEV ALIGNMENT PLAINVIEW ELGIN MILLVILLE COMMUNITY SCHOOL DISTRICT 500 BROADWAY W PLAINVIEW MN 55964 331134777 SCHOOL/EDUCATION 7232 STUDENT ACTIVITY SUPPORT INCLUDING MUSIC, SCIENCE, THEATER AND FIELDTRIPS PROJECT FINE 202 THIRD ST W WINONA MN 55987 411883675 501C3 20000 CREATIVE ONLINE MARKETING FOR DIVERSE BUSINESSES REGION NINE AREA INC 1961 PREMIER DR STE 268 MANKATO MN 56001 061666219 501C3 20000 ENVISION LAB REGIONAL CENTER FOR ENTREPRENEURAL EDUCATION 934 MARSH ST MANKATO MN 56001 411879417 501C3 20000 REGIONAL CENTER FOR ENTREPRENEURAL EDUCATION: BIZPITCH ROCHESTER PUBLIC LIBRARY 101 2ND ST SE ROCHESTER MN 55904 416005494 GOVERNMENT 18514 FMV BOOKS CHILDRENS BOOKS DISTRIBUTED THROUGH EARLY CHILDHOOD PROGRAMS RUSHFORD LIONS CLUB PO BOX 101 RUSHFORD MN 55971 416041961 501C4 5500 REFURBISH/REPLACE DOWNTOWN TRASH RECEPTACLES RUSHFORD PETERSON BOOSTER CLUB PO BOX 124 RUSHFORD MN 55971 411725503 501C3 5000 RESURFACING OF SCHOOL TRACK RUSHFORD PETERSON SCHOOLS 102 MILL ST N RUSHFORD MN 55971 411655958 SCHOOL/EDUCATION 9218 SUPPORT FOR CLASSROOM AND STUDENT ACTIVITIES/ANTI-BULLYING PROGRAM SAINT JAMES PUBLIC SCHOOLS 500 3RD AVE S ST JAMES MN 56082 416004625 SCHOOL/EDUCATION 26674 IMPROVEMENTS AND UPGRADE TO FOOTBALL FIELD SEMCAC INCORPORATED 204 ELM ST S RUSHFORD MN 55971 410907135 501C3 12945 FMV BOOKS CHILDRENS BOOKS FOR AREA HEAD START PROGRAMS SEMCAC INCORPORATED 204 ELM ST S RUSHFORD MN 55971 410907135 501C3 2485 SENIOR DINING/FOOD SHELF/CAREGIVER ADVOCACY SIBLEY COUNTY 400 COURT AVENUE GAYLORD MN 55334 416005897 GOVERNMENT 20000 SEDCO: BUSINESS RETENTION AND EXPANSION IN SIBLEY COUNTY SOUTHERN MINNESOTA EDUCATION CONSORTIUM 312 W MAIN ST ADAMS MN 55909 270630742 SCHOOL/EDUCATION 5634 FMV BOOKS CHILDRENS BOOKS DISTRIBUTED THROUGH EARLY CHILDHOOD PROGRAMS ST CHARLES PUBLIC SCHOOL 925 CHURCH AVE ST CHARLES MN 55972 416004727 SCHOOL/EDUCATION 20000 TO SUPPORT AN EARLY CHILDHOOD LIASON THREE RIVERS COMMUNITY ACTION INC 1414 NORTH ST DR ZUMBROTA MN 55992 410906178 501C3 7701 FMV BOOKS CHILDRENS BOOKS DISTRIBUTED THROUGH EARLY CHILDHOOD PROGRAMS TRI-CITY UNITED PUBLIC SCHOOLS 101 2ND NE MONTGOMERY MN 56069 453740004 SCHOOL/EDUCATION 11131 FMV BOOKS CHILDRENS BOOKS DISTRIBUTED THROUGH EARLY CHILDHOOD PROGRAMS TRITON PUBLIC SCHOOLS 813 HIGHWAY ST W DODGE CENTER MN 55927 411718174 SCHOOL/EDUCATION 6461 FMV BOOKS CHILDRENS BOOKS DISTRIBUTED THROUGH EARLY CHILDHOOD PROGRAMS TRI-VALLEY OPPORTUNITY COUNCIL 2830 18TH AVE NW ROCHESTER MN 55901 410888488 501C3 5222 FMV BOOKS CHILDRENS BOOKS DISTRIBUTED THROUGH EARLY CHILDHOOD PROGRAMS UNITED WAY FREEBORN COUNTY 341 BROADWAY S ALBERT LEA MN 56007 410956396 501C3 5896 DEVELOP THE COMMUNITY SUCCESS COACH PROGRAM WHICH ENLISTS LOCAL VOLUNTEERS TO HELP NEW IMMIGRANTS AND REFUGEES FIND EMPLOYMENT AND FINANCIAL LITERACY UNITED WAY OF BROWN COUNTY AREA INCORPORATED PO BOX 476 NEW ULM MN 56073 416033115 501C3 10000 EARLY CHILDHOOD DENTAL NETWORK WABASHA KELLOGG PUBLIC SCHOOLS 2113 HIAWATHA DR E WABASHA MN 55981 416004412 SCHOOL/EDUCATION 5672 FMV BOOKS CHILDRENS BOOKS DISTRIBUTED THROUGH EARLY CHILDHOOD PROGRAMS WABASHA KELLOGG PUBLIC SCHOOLS 2113 HIAWATHA DR E WABASHA MN 55981 416004412 SCHOOL/EDUCATION 5470 PACK FOR THE WEEKEND PROGRAM/COMMUNITY EDUCATION AND PROGRAM SUPPORT WASECA PUBLIC SCHOOLS 501 ELM AVE E WASECA MN 56093 416008759 SCHOOL/EDUCATION 8396 FMV BOOKS CHILDRENS BOOKS DISTRIBUTED THROUGH EARLY CHILDHOOD PROGRAMS WASECA PUBLIC SCHOOLS 501 ELM AVE E WASECA MN 56093 416008759 SCHOOL/EDUCATION 2137 GEARING UP FOR KINDERGARTEN WATERVILLE ELYSIAN MORRISTOWN SCHOOLS 500 E PAQUIN ST WATERVILLE MN 56096 411743364 SCHOOL/EDUCATION 10000 COMMUNITY EDUCATION: HOME VISITING PROGRAM WATONWAN COUNTY 710 2ND AVE S ST JAMES MN 56082 416005922 GOVERNMENT 21589 IMPROVEMENTS AND UPGRADE TO COMMUNITY SOFTBALL FIELD WATONWAN COUNTY HUMAN SERVICESPUBLIC HEALTH 715 2ND AVE S ST JAMES MN 56081 416005922 GOVERNMENT 7333 FMV BOOKS CHILDRENS BOOKS DISTRIBUTED THROUGH EARLY CHILDHOOD PROGRAMS WATONWAN COUNTY HUMAN SERVICESPUBLIC HEALTH 715 2ND AVE S ST JAMES MN 56081 416005922 GOVERNMENT 10000 HOME VISITING PROGRAM WINONA AREA PUBLIC SCHOOLS 317 MARKET ST WINONA MN 55987 416004759 SCHOOL/EDUCATION 10960 INCREDIBLE YEARS SUMMER SESSIONS WINONA COUNTY 177 MAIN ST WINONA MN 55987 416005926 GOVERNMENT 5000 IMPLEMENTATION OF TRAINING SEMINARS FOR FARMERS MARKET GARDENERS AND VENDORS WINONA COUNTY ECONOMIC DEVELOPMENT AUTHORITY 177 MAIN ST WINONA MN 55987 416005926 GOVERNMENT 80000 REGIONAL COMMUNITY GROWTH INITIATIVE: EMPOWER SMALLER COMMUNITIES IN POSITIONING FOR ROCHESTER DMC WINONA STATE UNIVERSITY FOUNDATION PO BOX 5838 WINONA MN 55987 237079002 501C3 5000 SCHOLARSHIP PROGRAMS FOR STUDENTS YOUTH FIRST 712 VICTORIA ST STE 102 FAIRMONT MN 56031 200671259 501C3 10000 HOME VISITING PROGRAM SCHOLARSHIPS 21 16150 HARDSHIP ASSISTANCE 33 38417 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 157365 0 0 0 0 0 8483 0 23363 0 189211 0 0 0 X 300570 FMV X MISC SUPPLIES 4 2307 FMV 0 1 0 FORM 990, PART VI, SECTION B, LINE 11 THE FINANCE COMMITTEE WILL REVIEW THE 990 PRIOR TO FILING AND PRESENT TO THE BOARD FOR FULL APPROVAL. 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 FOUNDATION USES BENCHMARK INFORMATION TO DETERMINE COMPENSATION OF EMPLOYEES. THE BENCHMARK INFORMATION IS PULLED FROM SIMILAR NON-PROFITS, NATIONAL FOUNDATION SURVEYS, AND BUSINESS SALARY REPORTS. THE BOARD SETS THE COMPENSATION OF THE PRESIDENT WITH REVIEW AND APPROVAL BY THE EXECUTIVE COMMITTEE. THE REMAINING STAFF SALARIES ARE APPROVED BY LEADERSHIP TEAM WITH AT LEAST TWO OTHER MEMBERS SIGNING OFF ON ALL APPROVALS. THE FINANCE COMMITTEE AND BOARD APPROVES THE OVERALL ALLOCATION FOR SALARIES AND MONITORS THIS THROUGHOUT THE YEAR. ALL INCREASES ARE DONE ANNUALLY FOR ALL EMPLOYEES. 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.