2015-01-15T20:27:30-06:00 2014-06-30 420714325 MCGLADREY LLP 310 BROADWAY AVENUE S SUITE 300 ROCHESTER MN 55904 990 2013-07-01 363454285 SOUTHERN MINNESOTA INITIATIVE FOUNDATION SOUT 5074553215 525 FLORENCE AVENUE OWATONNA MN 55060 BRIAN CONZEMIUS VICE PRESIDENT/CFO 5074553215 2014-12-15 1 DANIEL W EDWARDS P00043974 5072886476 2013 2016-03-07 17:11:31Z BRIAN CONZEMIUS 525 FLORENCE AVENUE OWATONNA MN 55060 18022617 0 X HTTP://WWW.SMIFOUNDATION.ORG X 1986 MN PROVIDES GRANTS, LOANS AND TECHNICAL ASSISTANCE TO NON PROFITS, GOVERNMENT (CONT. ON SCH. O)AGENCIES AND BUSINESSES IN THE 20 COUNTY REGION TO CREATE ECONOMIC GROWTH BY LEVERAGING PARTNERSHIPS AND COLLABORATIONS. 15 15 66 0 0 0 3356376 2470285 246016 248323 1707854 2633490 0 0 5310246 5352098 1474725 1290304 0 0 1682555 1667850 0 0 123951 944452 852128 4101732 3810282 1208514 1541816 39952173 44003189 2782158 3041155 37170015 40962034 X PROVIDES GRANTS, LOANS AND TECHNICAL ASSISTANCE TO NON PROFITS, GOVERNMENT AGENCIES AND BUSINESSES IN THE 20 COUNTY REGION TO CREATE ECONOMIC GROWTH BY LEVERAGING PARTNERSHIPS AND COLLABORATIONS. 0 0 1246909 289375 563330 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 WITHIN OUR REGION. 1107830 656960 577635 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. 478640 81379 366048 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 AND PARENTS ON EARLY LITERACY AND SCHOOL READINESS SUPPORT. 318986 262590 493908 SOUTHERN MINNESOTA INITIATIVE FOUNDATION IS THE FICAL HOST FOR VARIOUS COMMUNITY FOUNDATIONS IN THE REGION, SO THEY MAY CONDUCT ASSET-BASED DEVELOPMENT ACTIVITIES IN THEIR LOCAL COMMUNITIES. 318986 262590 493908 3152365 1 1 0 1 0 1 0 0 0 1 1 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 16 0 1 66 1 0 0 0 0 0 0 0 0 X 15 15 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MN X X BRIAN CONZEMIUS 5074553215 525 FLORENCE AVENUE OWATONNA MN 55060 ROBERT HOFFMAN CHAIR 2.00 X X 0 0 0 JEAN BURKHARDT VICE CHAIR 2.00 X X 0 0 0 JULIE BOYLAND BOARD MEMBER 2.00 X 0 0 0 DAVE FISK BOARD MEMBER 2.00 X 0 0 0 BUKATA HAYES BOARD MEMBER 2.00 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 SECRETARY 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 JAKE VELA BOARD MEMBER 2.00 X 0 0 0 TIMOTHY PENNY PRESIDENT/CEO 40.00 X 159300 0 17825 BRIAN CONZEMIUS VICE PRESIDENT/CFO 40.00 X 99548 0 10065 258848 0 27890 1 0 1 0 0 461124 2009161 392079 2470285 LOAN INTEREST 900099 248323 248323 248323 689364 689364 14614645 12670519 1944126 1944126 1944126 5352098 248323 0 2633490 1252920 1252920 37384 37384 304088 142852 140622 20614 1086378 935334 96421 54623 31254 20522 6507 4225 152956 116930 27992 8034 93174 72248 15884 5042 15765 15765 34970 2106 32864 170142 170142 10590 6222 71 4297 127009 103544 12930 10535 6485 5100 814 571 74012 60710 7178 6124 22184 20501 386 1297 24502 24169 222 111 23867 18427 3628 1812 1618 1249 246 123 BAD DEBTS 161664 161664 OTHER EXPENSES 134824 127256 2425 5143 CONSULTANTS 34566 27462 5704 1400 BOARD EXPENSE 9930 9930 3810282 3152365 533966 123951 2624864 3001859 4766498 3687882 3100045 3071559 19123 29552 1072887 539999 614762 532888 28811314 33664460 15567 14989 39952173 44003189 137372 126833 71572 110399 1802374 2302045 770840 501878 2782158 3041155 X 2888450 3014593 15050402 18171011 19231163 19776430 37170015 40962034 39952173 44003189 1541816 2250203 0 X X 0 1 X 1 0 X 1773883 2027218 6166508 3356376 2470285 15794270 1773883 2027218 6166508 3356376 2470285 15794270 6659414 9134856 915373 849237 877904 727182 689364 4059060 19853330 1288170 0.46010 0.46080 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 0 1 25 0 0 1 1575 0 0 1600 0 3 13500 6000 105354 1 1 27962516 811358 4589145 1143157 32219862 24773912 1272691 3033613 1117700 27962516 26222261 505980 -851890 1102439 24773912 21592132 316997 5386657 1073525 26222261 19669559 351146 2622052 1050625 21592132 0.00000 0.61380 0.38620 0 0 706349 251416 454933 286538 276462 10076 80000 12121 67879 532888 OTHER INVESTMENTS 33664460 F 33664460 REFUNDABLE ADVANCES 68403 LINE OF CREDIT 183475 AGENCY PAYABLE 250000 501878 X 7432159 2250203 -170142 2080061 5352098 0 5352098 3640140 0 3640140 170142 170142 3810282 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, 2014, 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, 2014 THE FEDERAL AND MINNESOTA TAX RETURNS FOR THE FOUNDATION ARE OPEN FOR EXAMINATION BY TAXING AUTHORITIES FOR THE YEARS 2011 TO 2013. AT JUNE 30, 2014, THE FOUNDATION DID NOT RECORD LIABILITIES FOR UNCERTAIN TAX POSITIONS. PART XI, LINE 2D - OTHER ADJUSTMENTS: INVESTMENT FEES NETTED WITH REVENUE -170,142. PART XII, LINE 4B - OTHER ADJUSTMENTS: INVESTMENT FEES NETTED WITH REVENUE 170,142. 1 A CHANCE TO GROW 1800 SECOND AVE NE MINNEAPOLIS MN 55418 411444113 501C3 25000 SMART PRE-K ALLIANCE A CHILD'S DELIGHT TOO INC 200 WESTERN AVE STE A2 FARIBAULT MN 55021 411888354 501C3 5200 FMV COMPUTER YOUNG EXPLORER COMPUTERS ALBERT LEA AREA SCHOOLS 211 RICHWAY DR W ALBERT LEA MN 56007 416001171 SCHOOL/EDUCATION 5646 FMV BOOKS BOOKSTART BOOKS BLUE EARTH AREA SCHOOLS LITTLE GIANTS EARLY LEARNING CENTER BLUE EARTH MN 56013 411866487 SCHOOL/EDUCATION 5322 FMV BOOKS BOOKSTART BOOKS BOYS & GIRLS CLUB OF ROCHESTER 930 40TH STREET NW ROCHESTER MN 55901 411945875 501C3 8358 FMV BOOKS BOOKSTART BOOKS CHILD CARE RESOURCE & REFERRAL 126 WOODLAKE DRIVE SE ROCHESTER MN 55904 411987753 501C3 10000 CHILD CARE TRAININGS IN MOWER AND STEELE COUNTIES CHRIST LUTHERAN CHURCH PO BOX 526 PRESTON MN 55965 410889261 501C3 5000 BOILER REPLACEMENT CITY OF HARMONY PO BOX 488 HARMONY MN 55939 411526181 GOVERNMENT 12015 COMMUNITY PROJECTS: SELVIG PARK/COMMUNITY RECREATION CITY OF PRESTON PO BOX 684 PRESTON MN 55965 416005468 GOVERNMENT 20000 SWIMMING POOL PLAYGROUND EQUIPMENT CITY OF RUSHFORD 101 MILL ST N RUSHFORD MN 55971 416005505 GOVERNMENT 5000 AQUATIC CENTER CITY OF SAINT JAMES PO BOX 70 SAINT JAMES MN 56082 411849588 GOVERNMENT 8000 ST JAMES ECONOMIC DEVELOPMENT AUTHORITY INTERNSHIP PROGRAM CITY OF SAINT JAMES PO BOX 70 SAINT JAMES MN 56082 411849588 GOVERNMENT 5544 PRINCESS THEATER CITY OF WANAMINGO 401 MAIN ST WANAMINGO MN 55946 416005614 GOVERNMENT 37892 VETERANS MEMORIAL CITY OF WINONA 207 LAFAYETTE ST WINONA MN 55987 416005651 GOVERNMENT 25000 COMMUNITY GROWTH INITIATIVE EXCHANGE CLUB CENTER FOR FAMILY UNITY 209 WEST BRIDGE ST OWATONNA MN 55060 363305404 501C3 10000 HOME VISITING FAIRMONT AREA SCHOOLS 714 VICTORIA ST FAIRMONT MN 56031 411833686 SCHOOL/EDUCATION 5000 PREK-GRADE 3 CURRICULUM ALIGNMENT FILLMORE CENTRAL SCHOOL DISTRICT 702 CHATFIELD ST PRESTON MN 55965 411809022 SCHOOL/EDUCATION 9000 SCHOOL READINESS PROGRAM AND SCHOLARSHIPS FILLMORE CENTRAL SCHOOL DISTRICT 702 CHATFIELD ST PRESTON MN 55965 411809022 SCHOOL/EDUCATION 15000 ELECTRONIC SIGN FILLMORE CENTRAL SCHOOL DISTRICT 702 CHATFIELD ST PRESTON MN 55965 411809022 SCHOOL/EDUCATION 6500 SCHOLARSHIPS AND EDUCATIONAL SUPPORT FREEBORN COUNTY PUBLIC HEALTH-HEALTHY FAMILIES 411 S BROADWAY ALBERT LEA MN 56007 416005795 GOVERNMENT 9595 FMV BOOKS BOOKSTART BOOKS FREEBORN COUNTY PUBLIC HEALTH-HEALTHY FAMILIES 411 S BROADWAY ALBERT LEA MN 56007 416005795 GOVERNMENT 10000 HOME VISITING GAYLORD PUBLIC LIBRARY PO BOX 797 GAYLORD MN 553340797 416005180 GOVERNMENT 7009 FMV BOOKS BOOKSTART BOOKS GIBBON FAIRFAX WINTHROP SCHOOL DISTRICT 323 E 11TH ST GIBBON MN 55335 411721703 SCHOOL/EDUCATION 11935 GFW CHILD CARE PLUS GIBBON FAIRFAX WINTHROP SCHOOL DISTRICT 323 E 11TH ST GIBBON MN 55335 411721703 SCHOOL/EDUCATION 7800 FMV COMPUTER YOUNG EXPLORER COMPUTERS JUNIOR ACHIEVEMENT OF THE UPPER MIDWEST PO BOX 844 OWATONNA MN 55060 411424988 501C3 5000 JUNIOR ACHEIVEMENT COMPANY PROGRAM KASSON MANTORVILLE SCHOOLS 101 16TH ST NE KASSON MN 559441610 416008530 SCHOOL/EDUCATION 7308 FMV BOOKS BOOKSTART BOOKS KASSON-MANTORVILLE COMMUNITY EDUCATION 606 16TH ST NE KASSON MN 55944 416008530 SCHOOL/EDUCATION 5197 FMV BOOKS BOOKSTART BOOKS KASSON-MANTORVILLE COMMUNITY EDUCATION 606 16TH ST NE KASSON MN 55944 416008530 SCHOOL/EDUCATION 5000 EARLY CHILDHOOD INITIATIVE COORDINATOR/2ND YEAR KENYON WANAMINGO PUBLIC SCHOOLS 400 6TH ST KENYON MN 55946 411780357 SCHOOL/EDUCATION 5200 FMV COMPUTER YOUNG EXPLORER COMPUTERS KINGSLAND PUBLIC SCHOOLS 705 SECTION AVE N SPRING VALLEY MN 55975 411740007 SCHOOL/EDUCATION 7000 OUTDOOR NATURE CLASSROOM/LEGO PROJECT/SCHOLARSHIPS KIWANIS INTERNATIONAL 720 GRANT AVENUE NORTH MANKATO MN 56003 410738489 501C3 67200 FMV BOOKS PEARSON BOOK PROGRAM LAKE CRYSTAL WELLCOME MEMORIAL SCHOOL DISTRICT 607 KNIGHTS LANE LAKE CRYSTAL MN 56055 411680296 SCHOOL/EDUCATION 20000 LINK LEARNING LAKE CRYSTAL WELLCOME MEMORIAL SCHOOL DISTRICT 607 KNIGHTS LANE LAKE CRYSTAL MN 56055 411680296 SCHOOL/EDUCATION 5000 PREK-GRADE 3 CURRICULUM ALIGNMENT LANESBORO LOCAL 14083 COUNTY 23 CANTON MN 55922 264769416 501C3 20000 CREATIVE ENTREPRENEUR DEVELOPMENT THROUGH LANESBORO LOCAL MAIN STREET PROJECT'S SUSTAINABLE FOOD AND AGRICULTURE PROGRAM 105 FOURTH ST E STE 300 NORTHFIELD MN 55057 201788275 501C3 46282 VISTA COLLABORATION GRANT MANKATO AREA PUBLIC SCHOOLS COMMUNITY EDUCATION RECREATION MANKATO MN 56001 416000310 SCHOOL/EDUCATION 5000 PREK-GRADE 3 CURRICULUM ALIGNMENT MEADOW PARK DAY CARE CENTER 971 16TH ST SE ROCHESTER MN 55904 410953518 501C3 7800 FMV COMPUTER YOUNG EXPLORER COMPUTERS MINNESOTA VALLEY ACTION COUNCIL 706 NORTH VICTORY DRIVE MANKATO MN 56001 416050353 501C3 20000 MANKATO FOOD HUB MINNESOTA VALLEY ACTION COUNCIL 706 NORTH VICTORY DRIVE MANKATO MN 56001 416050353 501C3 5200 FMV COMPUTER YOUNG EXPLORER COMPUTERS MINNESOTA VALLEY ACTION COUNCIL 706 NORTH VICTORY DRIVE MANKATO MN 56001 416050353 501C3 6964 FMV BOOKS HEAD START/ABDO BOOK PROGRAM NEW PRAGUE AREA SCHOOLS CENTRAL EDUCATION CAMPUS NEW PRAGUE MN 56071 416003815 SCHOOL/EDUCATION 8658 FMV BOOKS BOOKSTART BOOKS NEW ULM PUBLIC SCHOOLS NEW ULM EARLY CHILDHOOD FAMILY EDUCATION NEW ULM MN 56073 416000373 SCHOOL/EDUCATION 8945 FMV BOOKS BOOKSTART BOOKS NORTHFIELD PUBLIC LIBRARY 210 WASHINGTON ST NORTHFIELD MN 550572024 416005424 501C3 6595 FMV BOOKS BOOKSTART BOOKS NORTHFIELD PUBLIC SCHOOLS 201 ORCHARD ST S NORTHFIELD MN 55057 416008327 SCHOOL/EDUCATION 11455 FMV BOOKS BOOKSTART BOOKS NORTHFIELD PUBLIC SCHOOLS 201 ORCHARD ST S NORTHFIELD MN 55057 416008327 SCHOOL/EDUCATION 5200 FMV COMPUTER YOUNG EXPLORER COMPUTERS OWATONNA HOSPITAL FOUNDATION 2250 NW 26TH ST OWATONNA MN 55060 274116873 501C3 9811 SUPPORT OF COMMUNITY HEALTH CARE PROGRAMS AND EDUCATION PARENTING RESOURCE CENTER INCORPORATED 105 1ST ST SE STE A AUSTIN MN 55912 411307920 501C3 10000 PRESCHOOL/CHILD CARE CENTER WORKROOM PLAINVIEW ELGIN MILLVILLE COMMUNITY SCHOOL DISTRICT 500 BROADWAY W PLAINVIEW MN 55964 331134777 SCHOOL/EDUCATION 6202 EDUCATIONAL PROGRAM SUPPORT READING CENTER-DYSLEXIA INSTITUTE OF MN 847 5TH ST NW ROCHESTER MN 55901 411633734 501C3 18500 BEFORE PROGRAM RED WING PUBLIC SCHOOLS COLVILL FAMILY CENTER RED WING MN 55066 416001250 SCHOOL/EDUCATION 5259 FMV BOOKS BOOKSTART BOOKS RED WING PUBLIC SCHOOLS COLVILL FAMILY CENTER RED WING MN 55066 416001250 SCHOOL/EDUCATION 5200 FMV COMPUTER YOUNG EXPLORER COMPUTERS RENEWING THE COUNTRYSIDE PO BOX 1 ZUMBRO FALLS MN 55991 200189339 501C3 100000 GROWING THE LOCAL FOODS ECONOMY RICE COUNTY PUBLIC HEALTH NURSING SERVICE 320 NW 3RD ST FARIBAULT MN 55021 416005882 GOVERNMENT 10000 HOME VISITING RIDGEWAY COMMUNITY SCHOOL 35564 WINONA COUNTY RD 12 RIDGEWAY MN 55943 412015115 SCHOOL/EDUCATION 5222 FMV BOOKS BOOKSTART BOOKS RIDGEWAY COMMUNITY SCHOOL 35564 WINONA COUNTY RD 12 RIDGEWAY MN 55943 412015115 SCHOOL/EDUCATION 8700 CHILD CARE PROVIDER OUTREACH ROCHESTER AREA ECONOMIC DEVELOPMENT INCORPORATED 220 BROADWAY S STE 100 ROCHESTER MN 559046514 363414363 501C3 30000 MAYO BUSINESS ACCELERATOR RUSHFORD COMMUNITY FOUNDATION PO BOX 671 RUSHFORD MN 55971 363454285 501C3 5636 FILLMORE COUNTY EARLY CHILDHOOD INITIATIVE RUSHFORD PETERSON BOOSTER CLUB PO BOX 124 RUSHFORD MN 55971 411725503 501C3 10000 R-P TRACK RESURFACING RUSHFORD PETERSON SCHOOLS 102 MILL ST N RUSHFORD MN 55971 411655958 SCHOOL/EDUCATION 6558 FMV BOOKS BOOKSTART BOOKS RUSHFORD PETERSON SCHOOLS 102 MILL ST N RUSHFORD MN 55971 411655958 SCHOOL/EDUCATION 12771 EDUCATION GRANTS RUSHFORD PETERSON VALLEY CHAMBER OF COMMERCE PO BOX 338 RUSHFORD MN 55971 753030575 501C6 20000 RUSHFORD -PETERSON VALLEY BRAND COUNCIL RUSHFORD PUBLIC LIBRARY PO BOX 250 RUSHFORD MN 55971 416005505 GOVERNMENT 14966 REPLACE FLOORING DUE TO FLOOD DAMAGE SAINT CHARLES PUBLIC SCHOOLS SAINT CHARLES ELEMENTARY SCHOOL SAINT CHARLES MN 55972 416004727 SCHOOL/EDUCATION 5000 EARLY CHILDHOOD INITIATIVE COORDINATOR/2ND YEAR SAINT CHARLES PUBLIC SCHOOLS SAINT CHARLES ELEMENTARY SCHOOL SAINT CHARLES MN 55972 416004727 SCHOOL/EDUCATION 5000 PREK-GRADE 3 CURRICULUM ALIGNMENT SAINT JAMES PUBLIC SCHOOL PO BOX 509 SAINT JAMES MN 56081 416004625 SCHOOL/EDUCATION 5200 FMV COMPUTER YOUNG EXPLORER COMPUTERS SAINT JAMES PUBLIC SCHOOL PO BOX 509 SAINT JAMES MN 56081 416004625 SCHOOL/EDUCATION 20000 WATONWAN COUNTY ECI: TRANSITIONS TO KINDERGARTEN SEMCAC INCORPORATED 204 ELM ST S RUSHFORD MN 55971 410907135 501C3 5200 FMV COMPUTER YOUNG EXPLORER COMPUTERS SOMALI AMERICAN CULTURAL SOCIETY OF OWATONNA 201 E FRONT ST OWATONNA MN 55060 900746889 501C3 32700 SUPPORT OF SOMALI COMMUNITY IN OWATONNA TRITON PUBLIC SCHOOLS COMMUNITY EDUCATION 813 WEST HIGHWAY ST DODGE CENTER MN 55927 411718174 SCHOOL/EDUCATION 5185 FMV BOOKS BOOKSTART BOOKS TRITON PUBLIC SCHOOLS ECFE 813 WEST HIGHWAY ST DODGE CENTER MN 55927 411718174 SCHOOL/EDUCATION 6875 FMV BOOKS ECFE/CENTER CLINIC ABDO BOOK PROGRAM TRI-VALLEY OPPORTUNITY COUNCIL INCORPORATED 102 BROADWAY N CROOKSTON MN 56716 410888488 501C3 12205 FMV BOOKS BOOKSTART BOOKS UNITED WAY OF THE BROWN COUNTY AREA INCORPORATED PO BOX 476 NEW ULM MN 56073 416033115 501C3 7564 BROWN CO ECI ON WHEELS WABASHA KELLOGG PUBLIC SCHOOLS 2113 HIAWATHA DR E WABASHA MN 559811783 416004412 SCHOOL/EDUCATION 10168 FMV BOOKS BOOKSTART BOOKS WATERVILLE-ELYSIAN-MORRISTOWN PUBLIC SCHOOLS 500 EAST PAQUIN ST WATERVILLE MN 56096 411743364 SCHOOL/EDUCATION 8100 HOME VISITING WATONWAN COUNTY PUBLIC HEALTH 715 2ND AVE S SAINT JAMES MN 560811731 416005922 GOVERNMENT 10792 FMV BOOKS BOOKSTART BOOKS WINONA AREA PUBLIC SCHOOLS 317 MARKET STREET WINONA MN 55987 416004759 SCHOOL/EDUCATION 5000 PREK-GRADE 3 CURRICULUM ALIGNMENT WINONA COUNTY 177 MAIN ST WINONA MN 55987 416005926 GOVERNMENT 5000 VISTA COLLABORATION GRANT WINONA STATE UNIVERSITY CHILDREN'S CENTER PO BOX 5838 WINONA MN 55987 411687554 SCHOOL/EDUCATION 20000 COMMUNITY COLLABORATIVE EC DEVELOPMENTAL SUPPORT SPECIALIST YOUTH FIRST 712 VICTORIA ST STE 102 FAIRMONT MN 56031 200671259 501C3 5347 FMV BOOKS BOOKSTART BOOKS YWCA OF MANKATO 500 S BROAD ST MANKATO MN 56001 410711619 501C3 9443 MANKATO YWCA READY TO LEARN SCHOLARSHIPS 15 9500 HARDSHIP ASSISTANCE 20 27884 PART I, LINE 2: THE FOUNDATION PROVIDES GRANTS ON AN OPEN APPLICATION BASIS. IT LISTS ITS REQUIREMENTS APPLYING FOR GRANTS ON ITS WEBSITE AND ON THE RFP IT SENDS OUT. THE FOUNDATION ALSO PROVIDES ASSISTANCE TO GRANT APPLICANTS AS NEEDED. THE FOUNDATION APPROVES THESE GRANTS BASED ON THE REQUIREMENTS LISTED FOR THE APPLICATION AND AGAINST ORGANIZATIONAL GUIDELINES AND BUDGET CONSTRAINTS. THE FOUNDATION REQUIRES THE APPLICANT FILL OUT AN APPLICATION AND UPON APPROVAL THE FOUNDATION WILL NOTIFY THE APPLICANT, HAVE THEM SIGN A CONTRACT AND THE FOUNDATION WILL REQUIRE ON-GOING CORRESPONDANCES, SITE VISITS, INTERIM AND FINAL REPORTS DEMONSTRATING DOLLARS WERE SPENT ACCORDING TO THE GUIDELINES THE FOUNDATION SET FORTH. X X X X 0 0 0 0 0 0 0 0 0 TIMOTHY PENNY PRESIDENT/CEO 159300 0 0 0 0 0 7760 0 10065 0 177125 0 0 0 X 308013 FMV X COMPUTERS 1 52000 FMV X PAINT 1 18434 FMV X BOOKSHELVES 1 8496 FMV X MISC SUPPLIES 4 5136 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.