2015-08-17T14:19:24-05:00 2014-12-31 420714325 MCGLADREY LLP 310 BROADWAY AVENUE S SUITE 300 ROCHESTER MN 55904 990 2014-01-01 416017740 ROCHESTER AREA FOUNDATION ROCH 5072820203 400 SOUTH BROADWAY NO 300 ROCHESTER MN 55904 JOANN STORMER EXECUTIVE DIRECTOR 5072820203 2015-08-05 1 DANIEL W EDWARDS P00043974 5072886476 2014 2016-02-25 16:41:14Z JOANN STORMER 400 SOUTH BROADWAY NO 300 ROCHESTER MN 55904 6401298 0 X HTTP://WWW.ROCHESTERAREA.ORG/ X 1944 MN THE MISSION OF THE ROCHESTER AREA FOUNDATION IS TO STRENGTHEN COMMUNITY PHILANTHROPY BY PROMOTING RESPONSIBLE AND INFORMED GIVING AND TO ASSIST DONORS IN MEETING THEIR CHARITABLE OBJECTIVES. THE FOUNDATION IS DEDICATED TO USING ITS RESOURCES TO IMPROVE THE QUALITY OF LIFE, PROMOTE GREATER EQUALITY OF OPPORTUNITIES, AND TO DEVELOP EFFECTIVE METHODS TO ASSIST THOSE IN NEED IN THE GREATER ROCHESTER AREA. 17 16 9 15 0 0 1340877 2401041 0 0 2652922 1056952 123520 33265 4117319 3491258 1128187 2385355 0 0 414860 408860 0 0 123669 327068 282163 1870115 3076378 2247204 414880 29152594 29674862 1305254 1303064 27847340 28371798 X THE MISSION OF THE ROCHESTER AREA FOUNDATION IS TO STRENGTHEN COMMUNITY PHILANTHROPY BY PROMOTING RESPONSIBLE AND INFORMED GIVING AND TO ASSIST DONORS IN MEETING THEIR CHARITABLE OBJECTIVES. THE FOUNDATION IS DEDICATED TO USING ITS RESOURCES TO IMPROVE THE QUALITY OF LIFE, PROMOTE GREATER EQUALITY OF OPPORTUNITIES, AND TO DEVELOP EFFECTIVE METHODS TO ASSIST THOSE IN NEED IN THE GREATER ROCHESTER AREA. 0 0 2508392 2385355 ROCHESTER AREA FOUNDATION, DEDICATED TO COMMUNITY VITALITY SINCE 1944, AWARDS GRANTS PRIMARILY TO NONPROFIT ORGANIZATIONS SERVING THE GREATER ROCHESTER AREA. GRANTS WERE MADE TO SUPPORT EARLY CARE AND EDUCATION OF CHILDREN AGE 0-5; GANG INTERVENTION PLANNING, MINORITY TEACHER RECRUITMENT, FINANCIAL LITERACY COUNSELING, AND STARTER HOMES FOR WORKING FAMILIES. 2508392 1 1 0 0 0 1 0 0 0 1 1 1 0 1 1 1 1 1 0 0 1 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 0 0 0 1 0 0 1 9 1 0 1 CJ 0 0 0 0 0 0 X 17 16 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MN X X JOANN STORMER 5072820203 400 SOUTH BROADWAY SUITE 300 ROCHESTER MN 55904 JOHN BENIKE TRUSTEE 2.00 X 0 0 0 MARY EHMKE TRUSTEE 2.00 X 0 0 0 ANGIE BOWMAN TRUSTEE 2.00 X 0 0 0 KAREL WEIGEL TRUSTEE 2.00 X 0 0 0 BARBARA PORTER SECRETARY 2.00 X X 0 0 0 JOSE RIVAS TRUSTEE 2.00 X 0 0 0 WENDY SHANNON VICE CHAIR 2.00 X X 0 0 0 MARK UTZ TRUSTEE 2.00 X 0 0 0 HUGH SMITH CHAIR 2.00 X X 0 0 0 TOM WENTE TREASURER 2.00 X X 0 0 0 PAUL GORMAN TRUSTEE 2.00 X 0 0 0 DENISE KELLY TRUSTEE 2.00 X 0 0 0 GREG LAYTON TRUSTEE 2.00 X 0 0 0 WALT LING TRUSTEE 2.00 X 0 0 0 VIVIEN WILLIAMS TRUSTEE 2.00 X 0 0 0 DON SUPALLA TRUSTEE 2.00 X 0 0 0 JOANN STORMER EXECUTIVE DIRECTOR 40.00 X 141338 0 26138 141338 0 26138 1 0 1 0 0 2401041 538442 2401041 528378 528378 3438614 2910040 528574 528574 528574 CHANGE IN VALUE OF SPLIT INTEREST 523000 24680 24680 MISC FOR EXEMPT PURPOSE 900099 8585 8585 33265 3491258 8585 0 1081632 2385355 2385355 116948 29003 76250 11695 291912 72400 110871 108641 40844 40844 63111 59778 3333 6171 1530 4641 37929 9407 28522 4422 4422 22693 22693 10104 2506 7598 OTHER 41578 41578 REPAIRS AND MAINTENANCE 26739 6632 20107 PRINTING AND POSTAGE 12226 12226 DUES AND SUBSCRIPTIONS 10062 10062 6284 1559 4725 3076378 2508392 444317 123669 49115 332902 376232 703372 15000 245500 113678 109525 14257 4153 26963579 26605384 1734411 1783551 29152594 29674862 15175 23085 44200 48795 1245879 1231184 1305254 1303064 X 23485006 24052828 2440690 2397326 1921644 1921644 27847340 28371798 29152594 29674862 414880 109578 0 X X 0 1 X 1 0 X 2048023 1475877 1779558 1340877 2401041 9045376 2048023 1475877 1779558 1340877 2401041 9045376 9045376 461293 478941 413627 262783 528378 2145022 11190398 0.80830 0.79400 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 125 1945600 1771793 10549523 1 1 1 40586 16603 24400 32789 16871565 535458 725447 606907 606907 16918656 15324011 535290 1867171 197999 656908 16871565 13548161 1108021 1374490 347863 358798 15324011 13633043 663241 -129202 464867 154054 13548161 13183090 366018 984325 552904 347486 13633043 0.80400 0.11370 0.08230 0 0 113678 109525 4153 4153 INVESTMENTS IN MARKETABLE SECURITIES 26605384 F 26605384 DUE FROM FIRST HOMES PROPERTIES - AFFILIATE 1000496 OTHER ASSETS 50641 BENEFICIAL INTEREST IN TRUSTS HELD BY OTHERS 619369 DUE FROM ROCHESTER COMMUNITY FINANCE - AFFILIATE 113045 1783551 UNITRUST OBLIGATIONS 614000 REFUNDABLE ADVANCES 550081 ANNUITIES PAYABLE 62603 DUE TO COMMUNITY FINANCE - AFFILIATE 4500 1231184 X 4136956 109578 30519 546445 686542 3450414 40844 40844 3491258 3350374 30519 284321 314840 3035534 40844 40844 3076378 PART X, LINE 2: THE FOUNDATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE FOUNDATION BELIEVES THAT NO SIGNIFICANT UNCERTAIN TAX POSITIONS HAVE BEEN TAKEN IN ITS TAX RETURNS. AT DECEMBER 31, 2014 GENERALLY, THE FEDERAL AND MINNESOTA TAX RETURNS FOR THE FOUNDATION ARE OPEN FOR EXAMINATION BY TAXING AUTHORITIES FOR THE YEARS 2011 TO 2013. AT DECEMBER 31, 2014, THE FOUNDATION DID NOT RECORD ANY LIABILITIES FOR UNCERTAIN TAX POSITIONS. PART XI, LINE 2D - OTHER ADJUSTMENTS: REPORTED BY AFFILIATES 546,445. PART XII, LINE 2D - OTHER ADJUSTMENTS: REPORTED BY AFFILIATES 284,321. CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENTS 1000000 0 0 0 0 0 0 1000000 0 1000000 0 0 0 0 0 0 0 ALDRICH MEMORIAL NURSERY SCHOOL INC 855 ESSEX PKWY NW ROCHESTER MN 55901 410726082 501(C)(3) 7600 OPERATING SUPPORT AMERICAN RED CROSS 310 14TH ST SE ROCHESTER MN 55904 410693841 501(C)(3) 15000 OPERATING SUPPORT BALTIMORE SCHOOL FOR THE PERFORMING ARTS 712 CATHEDRAL ST BALTIMORE MD 21201 521174284 501(C)(3) 20000 OPERATING SUPPORT BOLDER OPTIONS 2100 STEVENS AVE S MINNEAPOLIS MN 55404 411909408 501(C)(3) 10000 OPERATING SUPPORT BOYS & GIRLS CLUB 1026 E CENTER STREET ROCHESTER MN 55904 411945875 501(C)(3) 92211 OPERATING SUPPORT CAMP VICTORY 58212 403RD AVE ZUMBRO FALLS MN 55991 311710184 501(C)(3) 250000 OPERATING SUPPORT CATHOLIC CHARITIES DIOCESE OF WINONA 903 W CENTER ST ROCHESTER MN 55904 410721636 501(C)(3) 7000 OPERATING SUPPORT CHANNEL ONE INC 131 35TH ST SE ROCHESTER MN 55904 411379713 501(C)(3) 15000 OPERATING SUPPORT CHOSEN VALLEY COMMUNITY FOUNDATON PO BOX 517 CHATFIELD MN 55923 411986997 501(C)(3) 5400 OPERATING SUPPORT CHRIST COMMUNITY CHURCH 4400 55TH ST NW ROCHESTER MN 55901 411267496 501(C)(3) 20000 OPERATING SUPPORT CHRIST UNITED METHODIST CHURCH 400 5TH AVE SW ROCHESTER MN 55902 410693980 501(C)(3) 6000 OPERATING SUPPORT CITY OF LANESBORO PO BOX 333 202 PACKWAY SO LANESBORO MN 55949 416005308 501(C)(3) 31658 OPERATING SUPPORT CUT CIRCLE 2331 WARNER RANGE AVE MENLO PARK CA 94025 471687995 501(C)(3) 10000 OPERATING SUPPORT DODGE CENTER FOUNDATION 702 2ND AVE SE DODGE CENTER MN 55927 453201034 501(C)(3) 517000 OPERATING SUPPORT DOROTHY DAY HOSPITALITY HOUSE 703 1ST ST SW ROCHESTER MN 55902 363348305 501(C)(3) 14000 OPERATING SUPPORT GIFT OF LIFE TRANSPLANT HOUSE 705 SECOND ST SW ROCHESTER MN 55902 411495845 501(C)(3) 6500 OPERATING SUPPORT GLORIA DEI LUTHERAN CHURCH 1212 12TH AVE NW ROCHESTER MN 55901 416008833 501(C)(3) 8000 OPERATING SUPPORT GREATER ROCHESTER ROTARY FOUNDATION 1925 WESTWOOD CT SW ROCHESTER MN 55902 411941426 501(C)(3) 10000 OPERATING SUPPORT HAWTHORNE EDUCATION CENTER 700 4TH AVE SE ROCHESTER MN 55904 416002803 501(C)(3) 8000 OPERATING SUPPORT HISTORY CENTER OF OLMSTED COUNTY 1195 WEST CIRCLE DR SW ROCHESTER MN 55902 410718368 501(C)(3) 8400 OPERATING SUPPORT HOLY FAMILY CATHOLIC SCHOOLS 2005 KANE ST DUBUQUE IA 52001 501(C)(3) 7000 OPERATING SUPPORT HOSANNA LUTHERAN CHURCH 2815 57 ST SW ROCHESTER MN 55901 411620929 501(C)(3):CHURCH 12000 OPERATING SUPPORT INTERNATIONAL ORTHODOX CHRISTIAN CHARITIES 110 WEST ROAD 360 TOWSON MD 21204 251679348 501(C)(3) 10000 OPERATING SUPPORT KASSON PUBLIC LIBRARY 16 NW 1ST AVE KASSON MN 55944 416005269 501(C)(3) 10000 OPERATING SUPPORT MAYO CLINIC & FOUNDATION 200 1ST ST SW ROCHESTER MN 55904 411937751 501(C)(3) 42417 OPERATING SUPPORT QUARRY HILL NATURE CENTER 701 SILVER CREEK RD NE ROCHESTER MN 55906 363416399 501(C)(3) 10000 OPERATING SUPPORT RIVERSIDE ELEMENTARY SCHOOL 615 7TH ST SW ROCHESTER MN 55904 416002803 501(C)(3) 35665 OPERATING SUPPORT ROCHESTER AREA FAMILY Y 709 1ST AVE SW ROCHESTER MN 55902 410807581 501(C)(3) 41514 OPERATING SUPPORT ROCHESTER BEACON ACADEMY 3936 HWY 52 N 111 ROCHESTER MN 55901 454835348 501(C)(3) 10000 OPERATING SUPPORT ROCHESTER CENTRAL LUTHERAN SCHOOL 2619 9TH AVE NW ROCHESTER MN 55901 410830223 501(C)(3) 15000 OPERATING SUPPORT ROCHESTER COMMUNITY & TECHNICAL COLLEGE 850 30TH AVE SE ROCHESTER MN 55904 411535213 501(C)(3):SCHOOL 66000 OPERATING SUPPORT ROCHESTER MUSIC GUILD PO BOX 5802 ROCHESTER MN 55903 510158995 501(C)(3) 15000 OPERATING SUPPORT ROCHESTER PARK & RECREATION DEPARTMENT 201 4TH ST SE ROCHESTER MN 55904 416005494 501(C)(3) 15324 OPERATING SUPPORT ROCHESTER PUBLIC LIBRARY 101 2ND ST S ROCHESTER MN 55904 416005494 501(C)(3) 47000 OPERATING SUPPORT ROCHESTER SYMPHONY ORCHESTRA & CHORALE 400 S BROADWAY 302 ROCHESTER MN 55904 411764434 501(C)(3) 10000 OPERATING SUPPORT RONALD MCDONALD HOUSE 850 2ND ST SW ROCHESTER MN 55902 411344744 501(C)(3) 6500 OPERATING SUPPORT SE MN CHAPTER AMERICAN GUILD OF ORGANISTS 2065 SUMMIT DRIVE NE ROCHESTER MN 55906 416083308 501(C)(3) 8400 OPERATING SUPPORT SIOUX FALLS COMMUNITY FOUNDATION 220 N CHERAPA PL SIOUX FALLS SD 57103 311748533 501(C)(3) 8000 OPERATING SUPPORT SISTERS OF ST FRANCIS 1001 14TH ST NW ROCHESTER MN 55901 410695522 501(C)(3) 15000 OPERATING SUPPORT SOUTH CENTRAL SERVICE COOPERATIVE CENTER FOR ACADEMIC EXCELLENCE 2075 LOOKOUT DRIVE NORTH MANKATO MN 56003 411297678 501(C)(3) 8000 OPERATING SUPPORT SOUTHWESTERN COLLEGE 2625 E CACTUS ROAD PHOENIX AZ 85032 860186050 501(C)(3):SCHOOL 70000 OPERATING SUPPORT SPORTS MENTORSHIP ACADEMY 3270 19TH ST 208 ROCHESTER MN 55901 061777757 501(C)(3) 10000 OPERATING SUPPORT ST LUKE'S EPISCOPAL 1884 22ND ST NW ROCHESTER MN 55901 410876187 501(C)(3):CHURCH 20000 OPERATING SUPPORT UNITED WAY OF OLMSTED COUNTY 903 WEST CENTER STREET ROCHESTER MN 55902 410695594 501(C)(3) 132281 OPERATING SUPPORT X 0 0 0 0 0 0 0 0 0 JOANN STORMER EXECUTIVE DIRECTOR 141338 0 0 0 0 0 7726 0 18412 0 167476 0 0 0 TOM WENTE BOARD MEMBER, >5% OWNER OF PARTNERSHIP 51400 BOARD MEMBER IS A MINORITY SHAREHOLDER IN AN ACCOUNTING FIRM THAT RECEIVES COMPENSATION FOR BOOKKEEPING SERVICES PERFORMED FOR THE ORGANIZATION. 0 X 11 538442 FAIR MARKET VALUE 0 0 0 FORM 990, PART VI, SECTION B, LINE 11 FORM 990 IS PRESENTED TO AND DISCUSSED BY THE BOARD BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C OFFICERS, DIRECTORS, TRUSTEES, AND KEY EMPLOYEES ARE ANNUALLY REQUIRED TO FILL OUT AND SIGN DISCLOSURE FORM. THEY MUST ALSO VERBALLY INDICATE WHETHER A CONFLICT EXISTS AND ABSTAIN FROM VOTING AT BOARD MEETINGS. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION OF THE EXECUTIVE DIRECTOR OF THE ROCHESTER AREA FOUNDATION IS DETERMINED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS USING COMPARABILITY DATA FROM THE COUNCIL OF FOUNDATIONS. THE COMPENSATION OF THE ORGANIZATION'S OFFICERS AND KEY EMPLOYEES IS DETERMINED BY THE EXECUTIVE DIRECTOR OF THE ROCHESTER AREA FOUNDATION USING COMPARABILITY DATA FROM THE COUNCIL OF FOUNDATIONS AND INCREASES ARE BASED ON MERIT. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND/OR FINANCIAL STATEMENTS MAY BE OBTAINED BY THE PUBLIC ON THE ORGANIZATION'S WEBSITE OR UPON REQUEST. FORM 990, PART XI, LINE 2C: THE FINANCE COMMITTEE HAS THE RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. FIRST HOMES PROPERTIES 400 SOUTH BROADWAY ROCHESTER MN 55904 412004557 TO PROVIDE OPPORTUNITIES FOR LOW AND MODERATE INCOME HOUSEHOLDS IN SE MN MN 501(C)3 11A TYPE I ROCHESTER AREA FOUNDATION 0 RAF PROPERTIES 400 SOUTH BROADWAY ROCHESTER MN 55904 411891463 TO RECEIVE, HOLD & DISBURSE ANY REAL PROPERTY FOR ROCHESTER AREA FOUNDATION MN 501(C)3 11A TYPE I ROCHESTER AREA FOUNDATION 0 ROCHESTER COMMUNITY FINANCE 400 SOUTH BROADWAY ROCHESTER MN 55904 274641831 PROVIDE INCREASED ACCESS TO CAPITAL FOR LOW INCOME FAMILIES/COMMUNITIES MN 501(C)3 11A TYPE I ROCHESTER AREA FOUNDATION 0 0 1 1 1 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0 FIRST HOMES PROPERTIES D 1000496 LOAN BALANCE ROCHESTER COMMUNITY FINANCE D 2100817 LOAN BALANCE