2015-11-10T06:37:53-08:00 2015-06-30 Carpenter Evert & Associates 7760 France Ave S 940 Bloomington MN 55435 990 2014-07-01 363567019 PHILANTHROFUND FOUNDATION PHIL 6128701806 1409 WILLOW STREET MINNEAPOLIS MN 55403 LUCIANO PATINO President 2015-11-10 true Marc Colin P00560855 9528310085 2014 2016-03-07 17:11:31Z LUCIANO PATINO 1409 WILLOW STREET NO 109 MINNEAPOLIS MN 55403 1116322 false false X WWW.PFUNDONLINE.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. 12 12 10 40 0 470180 452442 2350 2750 69909 83042 -7747 -16273 534692 521961 221000 154190 0 295466 247507 0 58530 194461 186600 710927 588297 -176235 -66336 1017004 989504 64246 165698 952758 823806 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 480698 In fiscal year 2014, PFund's grantmaking program awarded grants and stipends totaling $175,925 to 26 lesbian, gay, bisexual, transgender and allied 501c3 nonprofits, programs or collaborations in the Upper Midwest (Minnesota, Iowa, North Dakota, South Dakota and Wisconsin). PFund's support enables grant recipients to build power through community, advance equality and increase access, safety and security for LGBT and allied people. Grantee partners received support for work ranging from participating in LGBT regional assessments to organizing LGBT communities of color around health justice issues to helping LGBT and allied youth develop leadership skills through theatre.In fiscal year 2014, PFund awarded educational scholarships to 18 outstanding LGBT and allied student leaders, totaling $60,000. These college and graduate students are recognized for their leadership in their schools and communities, from advocating for inclusive school climates and policies to excelling in the performing arts and educating their peers about LGBT communities.In fiscal year 2014, PFund continued to raise awareness about issues in the LGBT community and help LGBT organizations and leaders connect with one another by providing multiple kinds of educational and convening opportunities. Over the course of the year, PFund organized and hosted a regional convening of over 80 LGBT community leaders; a grantee and scholar recognition event; and an annual community celebration with over 140 attendees. Finally, PFund honored and encouraged LGBT leadership by awarding a "power of one" award, which honors LGBT community activism and leadership and provides a $1000 grant for the awardee to direct to the LGBT organization of their choosing. 480698 true true false false false false false false false true true false false false false true true false false false false false false false true false false true true false false false false false false false false false true false false true false false false false false false false false false true 12 0 true 10 true false false false false false false true true false 0 false false false false false false false false false false X 12 12 false false false false false false false true true false false true true true true true true true true false MN X X LOIS EPSTEIN 6128701806 1409 WILLOW STREET MINNEAPOLIS MN 55403 LUCIANO PATINO President 5.00 0.00 X X 0 0 0 GREGORY WILDHABER Vice President 3.00 0.00 X X 0 0 0 CURTIS BROCK Treasurer 2.00 0.00 X X 0 0 0 COYA WHITE HAT-ARTICHOKER Director 2.00 0.00 X 0 0 0 DONALD WHIPPLE FOX Director 1.00 0.00 X 0 0 0 DAVIS SENSEMAN Secretary 2.00 0.00 X X 0 0 0 KAY ADAMS Director 1.00 0.00 X 0 0 0 CLAIRE WILSON Director 5.00 0.00 X 0 0 0 RUTH BIRKHOLZ Director 1.00 0.00 X 0 0 0 JASON BUCKLIN Director 1.00 0.00 X 0 0 0 RACHEL ORVILLE Director 1.00 0.00 X 0 0 0 LOIS CARLSON Director 2.00 0.00 X 0 0 0 JENNIFER HOUSTON Director 3.00 0.00 X 0 0 0 JASON HOWARD Director 1.00 0.00 X 0 0 0 ABEL KNOCHEL Director 1.00 0.00 X 0 0 0 LINDSAY KRUH Director 1.00 0.00 X 0 0 0 SABY LABOR Director 1.00 0.00 X 0 0 0 DAWN LADASSOR Director 1.00 0.00 X 0 0 0 BARBARA SATIN Director 1.00 0.00 X 0 0 0 ROBERT SMITH III Director 1.00 0.00 X 0 0 0 TRINA OLSON Executive Dir. 40.00 0.00 X 49038 0 2998 REBECCA VOELKEL Interim Ex Dir 40.00 0.00 X 13500 0 0 62538 2998 0 false false false 0 24038 428404 40042 452442 MANAGEMENT FEES 900099 2750 2750 2750 22741 22741 0 0 0 616043 555742 60301 60301 60301 22346 24038 38619 -16273 0 0 0 521961 63051 22741 X 103490 103490 50700 50700 0 0 65536 46417 9329 9790 0 151917 106730 22354 22833 0 13110 10849 553 1708 16944 11905 2493 2546 0 0 0 0 0 0 67780 54006 6098 7676 15113 15067 22 24 11271 6731 170 4370 8068 5218 564 2286 0 23698 16842 3325 3531 8546 8168 164 214 0 12585 11573 491 521 0 0 0 2423 1722 340 361 PROGRAM EXPENSE 16410 16410 Printing and Publications 8503 7405 456 642 Postage and Shipping 3809 2192 206 1411 MISCELLANEOUS 2554 1896 90 568 5840 3377 2414 49 588297 480698 49069 58530 47891 44314 982 865 0 20526 7440 0 0 0 0 6960 4884 20821 20821 0 940645 932000 0 0 0 1 1017004 989504 4246 14998 60000 50700 100000 64246 165698 X -20590 -167275 57143 53488 916205 937593 952758 823806 1017004 989504 -66336 -62616 X false true X true false X 804308 451210 591435 455270 428404 2730627 0 0 804308 451210 591435 455270 428404 2730627 453211 2277416 35003 28759 25150 22687 22741 134340 0 0 2864967 0.79490 0.80830 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 885711 31584 18344 67822 867816 795874 41296 101191 52651 885711 770298 2423 69706 46553 795874 799014 11974 -500 40190 770298 713807 14682 118583 48058 799014 false false false 20821 20821 X 459345 -62616 -62616 521961 521961 588297 588297 588297 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). The returns for the years ending June 30, 2011 and later remain subject to examination by the Internal Revenue Service. X X X X X X true MN CABARET 46384 24038 22346 7798 4505 8557 13050 4709 46384 24038 22346 7798 4505 8557 13050 4709 38619 -16273 false Amherst H Wilder Foundation 451 Lexington Parkway North St Paul MN 55104 410693889 501C(3) 10000 0 GRANT Black Hills Center for Equali PO Box 9504 Rapid City SD 55709 263106013 501C(3) 10000 0 GRANT Family Partnership 414 S 8th St Minneapolis MN 55404 410693858 501C(3) 6000 0 GRANT Fiscal Agent Metro Area Agenc 2365 North McKnight Road St Paul MN 55109 411774247 6000 0 GRANT Fiscal Agent ND Human Rights PO Box 1961 Fargo ND 58107 760714441 501C(3) 9930 0 GRANT Freedom Inc 601 Bayview Madison WI 53715 432023570 501C(3) 7000 0 GRANT Gay Straight Alliance for Saf 122 E Olin Ave Madison WI 53713 204088208 501C(3) 7000 0 GRANT GLBT Youth in Iowa Schools Ta PO Box 704 Des Moines IA 50303 731710056 501C(3) 7500 0 GRANT One Iowa Education Fund 419 SW 8th St Des Moines IA 50309 721613927 501C(3) 7500 0 GRANT U of M GLBTA Programs Office 128 Pleasant St SE Minneapolis MN 55455 416007513 501C(3) 6000 0 GRANT 10 0 Scholarships 16 50700 Susan Raffo Former ED 840 Phone Consulting false Kate Eubank Former ED 814 Phone Consulting false Schedule L, Part V Supplemental Information The two former Executive Directors were paid by check (not as employees) for phone consulting with the temporary and new Executive Director. They were each paid $35/hour. Susan Raffo had 24 hours = $840, Kate Eubank had 23.25 hours = $813.75. X 4 15719 MARKET VALUE X AUCTION ITEMS 10 14323 DONOR ESTIMATE false true false Form 990, Part VI, Line 11b: Form 990 Review Process The Treasurer and Finance Committee review the completed 990. The executive committee is empowered to review and approve the 990 if the full Board cannot due to timing in regards to the filing date. The Board Chair and Executive Director or other designated signatories sign the 990. The 990 form is then circulated electronically to the full board prior to filing. 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 TOT HE 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 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.pfundonline.org.