PHILANTHROFUND FOUNDATION: Form 990, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- PHILANTHROFUND FOUNDATION (EIN 36-3567019)
- Tax period
- 2012-07-01 to 2013-06-30
- Filed
- 2014-03-22
- IRS object ID
- 201440819349300104
- Schema version
- 2012v2.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2014-03-22T06:32:44-07:00 | Timestamp |
| Tax Period End Date | 2013-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Carpenter Evert & Associates | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 7760 France Ave S 940 | AddressLine1 |
| City | Bloomington | City |
| State | MN | State |
| ZIP Code | 55435 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2012-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 363567019 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PHILANTHROFUND FOUNDATION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | PHIL | NameControl |
| Phone | 6128701806 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1409 WILLOW STREET | AddressLine1 |
| City | MINNEAPOLIS | City |
| State | MN | State |
| ZIP Code | 55403 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | LINDSAY KRUH | Name |
| Title | BOARD CHAIR | Title |
| Date Signed | 2014-03-22 | DateSigned |
| Authorize Third Party | true | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Marc Colin | Name |
| PTIN | P00560855 | PTIN |
| Phone | 9528310085 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2012 | TaxYear |
| Build TS | 2015-11-30 17:44:51Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | LINDSAY KRUH | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1409 WILLOW STREET NO 109 | AddressLine1 |
| City | MINNEAPOLIS | City |
| State | MN | State |
| ZIP Code | 55403 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 1571000 | GrossReceipts |
| Group Return For Affiliates | false | GroupReturnForAffiliates |
| All Affiliates Included | false | AllAffiliatesIncluded |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.PFUNDONLINE.ORG | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1987 | YearFormation |
| State Legal Domicile | MN | StateLegalDomicile |
| Activity Or Mission Description | 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. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 14 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 14 | NbrIndependentVotingMembers |
| Total Nbr Employees | 7 | TotalNbrEmployees |
| Total Nbr Volunteers | 150 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Contributions Grants Prior Year | 454422 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 627586 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 3255 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 3800 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 45812 | InvestmentIncomePriorYear |
| Investment Income Current Year | 60541 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | -3050 | OtherRevenuePriorYear |
| Other Revenue Current Year | -4453 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 500439 | TotalRevenuePriorYear |
| Total Revenue Current Year | 687474 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 147900 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 169080 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 242524 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 244462 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 66246 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 366494 | OtherExpensePriorYear |
| Other Expenses Current Year | 136099 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 756918 | TotalExpensesPriorYear |
| Total Expenses Current Year | 549641 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -256479 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 137833 | RevenuesLessExpensesCY |
| Total Assets BOY | 1017765 | TotalAssetsBOY |
| Total Assets EOY | 1084796 | TotalAssetsEOY |
| Total Liabilities BOY | 110884 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 22410 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 906881 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 1062386 | NetAssetsOrFundBalancesEOY |
| Mission Description | 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. | MissionDescription |
| Significant New Program Services | false | SignificantNewProgramServices |
| Significant Change | false | SignificantChange |
| Expense | 432650 | Expense |
| Grants | 169080 | Grants |
| Description | Grantmaking Program -In fiscal year 2013, PFund's grantmaking program awarded grants totaling $104,700 to 17 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 ensuring LGBT older adults have access to supportive and competent services to organizing LGBT communities of color around health justice issues to helping LGBT and allied youth develop leadership skills through theater.Scholarship Program -In fiscal year 2013, PFund awarded educational scholarships to 18 outstanding LGBT and allied student leaders, totaling $60,500. 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 to educating their peers about LGBT communities. Raising Awareness & Visability -In fiscal year 2013, 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 an LGBT aging symposium with over 200 attendees; an LGBT racial equity funder briefing; and a 25th anniversary celebration including an original theatrical production. Finally, PFund honored and encouraged LGBT leadership by awarding three Power of One awards, which honors LGBT community activism and leadership and provides a $1,000 grant for each awardee to direct to the LGBT organization of their chosing. | Description |
| Total Program Service Expense | 432650 | TotalProgramServiceExpense |
| Described In501 C3 | true | DescribedIn501C3 |
| Schedule B Required | true | ScheduleBRequired |
| Political Activities | false | PoliticalActivities |
| Lobbying Activities | false | LobbyingActivities |
| Subject To Proxy Tax | false | SubjectToProxyTax |
| Donor Advised Funds | false | DonorAdvisedFunds |
| Conservation Easements | false | ConservationEasements |
| Collections Of Art | false | CollectionsOfArt |
| Credit Counseling | false | CreditCounseling |
| Term Or Permanent Endowments | true | TermOrPermanentEndowments |
| Report Land Bldg Equip | true | ReportLandBldgEquip |
| Report Invest Oth Securities | false | ReportInvestOthSecurities |
| Report Prog Rel Invest | false | ReportProgRelInvest |
| Report Other Assets | false | ReportOtherAssets |
| Report Other Liabilities | false | ReportOtherLiabilities |
| Report Fin48 Footnote | true | ReportFin48Footnote |
| Independent Audit Financial Stmt | true | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | false | ConsolidatedAuditFinancialStmt |
| School | false | School |
| Foreign Office | false | ForeignOffice |
| Foreign Activities | false | ForeignActivities |
| More Than5000 K To Organizations | false | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividuals |
| Professional Fundraising | false | ProfessionalFundraising |
| Fundraising Activities | true | FundraisingActivities |
| Gaming | false | Gaming |
| Hospital | false | Hospital |
| Grants To Organizations | true | GrantsToOrganizations |
| Grants To Individuals | true | GrantsToIndividuals |
| Schedule J Required | false | ScheduleJRequired |
| Tax Exempt Bonds | false | TaxExemptBonds |
| Invest Tax Exempt Bonds | false | InvestTaxExemptBonds |
| Escrow Account | false | EscrowAccount |
| On Behalf Of Issuer | false | OnBehalfOfIssuer |
| Excess Benefit Transaction | false | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | false | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | false | LoanToOfficerOrDQP |
| Grant To Related Person | false | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | false | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | false | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | false | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | true | DeductibleNonCashContributions |
| Deductible Contributions Of Art | false | DeductibleContributionsOfArt |
| Terminated | false | Terminated |
| Partial Liquidation | false | PartialLiquidation |
| Disregarded Entity | false | DisregardedEntity |
| Related Entity | false | RelatedEntity |
| Related Org Controlled Entity | false | RelatedOrgControlledEntity |
| Transaction Related Entity | false | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | false | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | false | ActivitiesConductedPartnership |
| Schedule O Required | true | ScheduleORequired |
| Number Forms Transmitted With1096 | 14 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | true | ComplianceWithBackupWitholding |
| Number Of Employees | 7 | NumberOfEmployees |
| Employment Tax Returns Filed | true | EmploymentTaxReturnsFiled |
| Unrelated Business Income | false | UnrelatedBusinessIncome |
| Form990-T Filed | false | Form990-TFiled |
| Foreign Financial Account | false | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTrans |
| Taxable Party Notification | false | TaxablePartyNotification |
| Non Deductible Contributions | false | NonDeductibleContributions |
| Quid Pro Quo Contributions | false | QuidProQuoContributions |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOf |
| Number Of8282 Filed | 0 | NumberOf8282Filed |
| Funds To Pay Premiums | false | FundsToPayPremiums |
| Premiums Paid | false | PremiumsPaid |
| Form8899 Filed | false | Form8899Filed |
| Form1098 C Filed | false | Form1098CFiled |
| Excess Business Holdings | false | ExcessBusinessHoldings |
| Taxable Distributions | false | TaxableDistributions |
| Distribution To Donor | false | DistributionToDonor |
| Filed Lieu1041 | false | FiledLieu1041 |
| Licensed More Than One State | false | LicensedMoreThanOneState |
| Indoor Tanning Services | false | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 14 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 14 | NumberIndependentVotingMembers |
| Family Or Business Relationship | false | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | false | DelegationOfManagementDuties |
| Changes To Organizing Docs | false | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuse |
| Members Or Stockholders | false | MembersOrStockholders |
| Election Of Board Members | false | ElectionOfBoardMembers |
| Decisions Subject To Approval | false | DecisionsSubjectToApproval |
| Minutes Of Governing Body | true | MinutesOfGoverningBody |
| Minutes Of Committees | true | MinutesOfCommittees |
| Officer Mailing Address | false | OfficerMailingAddress |
| Local Chapters | false | LocalChapters |
| Form990 Provided To Governing Body | true | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | true | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | true | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | true | RegularMonitoringEnforcement |
| Whistleblower Policy | true | WhistleblowerPolicy |
| Document Retention Policy | true | DocumentRetentionPolicy |
| Compensation Process CEO | true | CompensationProcessCEO |
| Compensation Process Other | true | CompensationProcessOther |
| Investment In Joint Venture | false | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | MN | StatesWhereCopyOfReturnIsFiled |
| Own Website | X | OwnWebsite |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | THE ORGANIZATION | NamePerson |
| Telephone Number | 6128701806 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1409 WILLOW STREET | AddressLine1 |
| City | MINNEAPOLIS | City |
| State | MN | State |
| ZIP Code | 55403 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (19 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Average Hours Per Week RelatedAverageHoursPerWeekRelated | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer |
|---|---|---|---|---|---|---|---|
| CLAIRE WILSON | |||||||
| PROG. CHAIR | 1.00 | 0.00 | X | 0 | 0 | 0 | |
| RAMONA STATELY | |||||||
| Director | 1.00 | 0.00 | X | 0 | 0 | 0 | |
| KATHRYN ROSS | |||||||
| Director | 1.00 | 0.00 | X | 0 | 0 | 0 | |
| JARON ROERING | |||||||
| Director | 1.00 | 0.00 | X | 0 | 0 | 0 | |
| CRAIG PEIFER | |||||||
| Director | 1.00 | 0.00 | X | 0 | 0 | 0 | |
| LUCIANO PATINO | |||||||
| Director | 1.00 | 0.00 | X | 0 | 0 | 0 | |
| TYLER MERTEN | |||||||
| Director | 1.00 | 0.00 | X | 0 | 0 | 0 | |
| DAWN LaDASSOR | |||||||
| Secretary | 2.00 | 0.00 | X | 0 | 0 | 0 | X |
| LINDSAY KRUH | |||||||
| BOARD CHAIR | 2.00 | 0.00 | X | 0 | 0 | 0 | X |
| ALEX IANTAFFI | |||||||
| VICE CHAIR | 2.00 | 0.00 | X | 0 | 0 | 0 | X |
| JASON HOWARD | |||||||
| Director | 1.00 | 0.00 | X | 0 | 0 | 0 | |
| JENNIFER HOUSTON | |||||||
| Director | 1.00 | 0.00 | X | 0 | 0 | 0 | |
| MAX GRIES | |||||||
| Director | 1.00 | 0.00 | X | 0 | 0 | 0 | |
| MARJORIE GREVIOUS | |||||||
| Director | 1.00 | 0.00 | X | 0 | 0 | 0 | |
| LOIS CARLSON | |||||||
| Director | 1.00 | 0.00 | X | 0 | 0 | 0 | |
| STEVE BUBUL | |||||||
| DEV. CHAIR | 2.00 | 0.00 | X | 0 | 0 | 0 | |
| CURTIS BROCK | |||||||
| Treasurer | 2.00 | 0.00 | X | 0 | 0 | 0 | X |
| SUSAN RAFFO | |||||||
| Executive Dir. | 30.00 | 0.00 | 40661 | 0 | 5206 | X | |
| KATE EUBANK | |||||||
| Executive Dir. | 30.00 | 0.00 | 43203 | 0 | 2869 | X | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 83864 | TotalReportableCompFromOrg |
| Total Other Compensation | 8075 | TotalOtherCompensation |
| Number Individuals GT100 K | 0 | NumberIndividualsGT100K |
| Formers Listed | false | FormersListed |
| Total Comp GT150 K | false | TotalCompGT150K |
| Compensation From Other Sources | false | CompensationFromOtherSources |
| Number Of Contractors GT100 K | 0 | NumberOfContractorsGT100K |
| Fundraising Events | 36151 | FundraisingEvents |
| All Other Contributions | 591435 | AllOtherContributions |
| Noncash Contributions | 46217 | NoncashContributions |
| Total Contributions | 627586 | TotalContributions |
Program Service Revenue ProgramServiceRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | MANAGEMENT FEES | Description |
| Business Code | 900099 | BusinessCode |
| Total Revenue Column | 3800 | TotalRevenueColumn |
| Related Or Exempt Function Income | 3800 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 3800 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 25150 | TotalRevenueColumn |
| Exclusion | $25,150 | ExclusionAmount |
Income From Invest Bond Proceeds IncomeFromInvestBondProceeds
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Royalties Revenue RoyaltiesRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 861739 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 826348 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 35391 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 35391 | TotalRevenueColumn |
| Related Or Exempt Function Income | 35391 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 52725 | GrossIncomeFundraisingEvents |
| Cntrbtns Rprtd Fundraising Events | 36151 | CntrbtnsRprtdFundraisingEvents |
| Fundraising Direct Expenses | 57178 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -4453 | TotalRevenueColumn |
Net Income From Gaming NetIncomeFromGaming
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 0 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 687474 | TotalRevenueColumn |
| Related Or Exempt Function Income | 39191 | RelatedOrExemptFunctionIncome |
| Exclusion | $25,150 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 108580 | Total |
| Program Services | 108580 | ProgramServices |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 60500 | Total |
| Program Services | 60500 | ProgramServices |
Foreign Grants ForeignGrants
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Benefits To Members BenefitsToMembers
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 91939 | Total |
| Program Services | 64119 | ProgramServices |
| Management And General | 12827 | ManagementAndGeneral |
| Fundraising | 14993 | Fundraising |
Comp Disqual Persons CompDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 122554 | Total |
| Program Services | 80634 | ProgramServices |
| Management And General | 24774 | ManagementAndGeneral |
| Fundraising | 17146 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 13968 | Total |
| Program Services | 9950 | ProgramServices |
| Management And General | 1402 | ManagementAndGeneral |
| Fundraising | 2616 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 16001 | Total |
| Program Services | 10750 | ProgramServices |
| Management And General | 2865 | ManagementAndGeneral |
| Fundraising | 2386 | Fundraising |
Fees For Services Management FeesForServicesManagement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Lobbying FeesForServicesLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 33648 | Total |
| Program Services | 21671 | ProgramServices |
| Management And General | 1850 | ManagementAndGeneral |
| Fundraising | 10127 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 7254 | Total |
| Program Services | 7204 | ProgramServices |
| Fundraising | 50 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 41721 | Total |
| Program Services | 28550 | ProgramServices |
| Management And General | 1464 | ManagementAndGeneral |
| Fundraising | 11707 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4665 | Total |
| Program Services | 2403 | ProgramServices |
| Management And General | 379 | ManagementAndGeneral |
| Fundraising | 1883 | Fundraising |
Royalties Royalties
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 22130 | Total |
| Program Services | 14978 | ProgramServices |
| Management And General | 3790 | ManagementAndGeneral |
| Fundraising | 3362 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2213 | Total |
| Program Services | 1827 | ProgramServices |
| Management And General | 60 | ManagementAndGeneral |
| Fundraising | 326 | Fundraising |
Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4050 | Total |
| Program Services | 2917 | ProgramServices |
| Management And General | 593 | ManagementAndGeneral |
| Fundraising | 540 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Payments To Affiliates PaymentsToAffiliates
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 424 | Total |
| Program Services | 287 | ProgramServices |
| Management And General | 73 | ManagementAndGeneral |
| Fundraising | 64 | Fundraising |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2052 | Total |
| Program Services | 1389 | ProgramServices |
| Management And General | 351 | ManagementAndGeneral |
| Fundraising | 312 | Fundraising |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| MISCELLANEOUS | 882 | 392 | 72 | 418 |
| DUES AND SUBSCRIPTIONS | 1615 | 1615 | ||
| VOLUNTEER EXPENSE | 2821 | 2260 | 245 | 316 |
| PROGRAM EXPENSE | 12624 | 12624 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 549641 | Total |
| Program Services | 432650 | ProgramServices |
| Management And General | 50745 | ManagementAndGeneral |
| Fundraising | 66246 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 40333 | BOY |
| EOY | 66366 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 91495 | BOY |
| EOY | 25473 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 37667 | BOY |
| EOY | 135081 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 0 | EOY |
Receivables From Officers Etc ReceivablesFromOfficersEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 0 | EOY |
Receivables From Disqual Persons ReceivablesFromDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 0 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 0 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 0 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5810 | BOY |
| EOY | 6332 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 26463 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 26463 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 424 | BOY |
| EOY | 0 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 842036 | BOY |
| EOY | 851544 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 0 | EOY |
Investments Program Related InvestmentsProgramRelated
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 0 | EOY |
Intangible Assets IntangibleAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 0 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 0 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1017765 | BOY |
| EOY | 1084796 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6621 | BOY |
| EOY | 9410 | EOY |
Grants Payable GrantsPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5000 | BOY |
| EOY | 13000 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 99263 | BOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 110884 | BOY |
| EOY | 22410 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | -29435 | BOY |
| EOY | -1325 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 48980 | BOY |
| EOY | 175822 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 887336 | BOY |
| EOY | 887889 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 906881 | BOY |
| EOY | 1062386 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1017765 | BOY |
| EOY | 1084796 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expenses | 137833 | ReconcilationRevenueExpenses |
| Reconciliation Unrealized Invest | 17672 | ReconciliationUnrealizedInvest |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | false | AccountantCompileOrReview |
| FS Audited | true | FSAudited |
FS Audited Basis FSAuditedBasis
| Field | Value | IRS element (for citing) |
|---|---|---|
| Financial Statement Separate | X | FinancialStatementSeparate |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | true | AuditCommittee |
| Federal Grant Audit Required | false | FederalGrantAuditRequired |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org170b1 Avi | X | PubliclySupportedOrg170b1Avi |
Gifts Grants Contrib Received170 GiftsGrantsContribReceived170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 343598 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 383882 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 804308 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 451210 | CurrentTaxYearMinus1Year |
| Current Tax Year | 591435 | CurrentTaxYear |
| Total | 2574433 | Total |
Tax Rev Levied For Org Benefit170 TaxRevLeviedForOrgBenefit170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Value Srvc Fclts Furnished By Govt ValueSrvcFcltsFurnishedByGovt
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Total170 Total170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 343598 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 383882 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 804308 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 451210 | CurrentTaxYearMinus1Year |
| Current Tax Year | 591435 | CurrentTaxYear |
| Total | 2574433 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amounts Subst Contributors Total | 364154 | AmountsSubstContributorsTotal |
| Public Support Total170 | 2210279 | PublicSupportTotal170 |
Gross Investment Income170 GrossInvestmentIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 51669 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 46263 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 35003 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 28759 | CurrentTaxYearMinus1Year |
| Current Tax Year | 25150 | CurrentTaxYear |
| Total | 186844 | Total |
Net UBI NetUBI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Other Income170 OtherIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | 2761277 | TotalSupport |
| Public Support Pertcentage170 | 0.80050 | PublicSupportPertcentage170 |
| Public Support Pertcent Prior Year | 0.92480 | PublicSupportPertcentPriorYear |
| Thirty Three Percnt Tests CY170 | X | ThirtyThreePercntTestsCY170 |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 770298 | BeginningOfYearBalance |
| Contributions | 2423 | Contributions |
| Investment Earnings Or Losses | 69706 | InvestmentEarningsOrLosses |
| Other Expenditures | 46553 | OtherExpenditures |
| End Of Year Balance | 795874 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 799014 | BeginningOfYearBalance |
| Contributions | 11974 | Contributions |
| Investment Earnings Or Losses | -500 | InvestmentEarningsOrLosses |
| Other Expenditures | 40190 | OtherExpenditures |
| End Of Year Balance | 770298 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 713807 | BeginningOfYearBalance |
| Contributions | 14682 | Contributions |
| Investment Earnings Or Losses | 118583 | InvestmentEarningsOrLosses |
| Other Expenditures | 48058 | OtherExpenditures |
| End Of Year Balance | 799014 | EndOfYearBalance |
Current Year Minus3 Years CurrentYearMinus3Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 672102 | BeginningOfYearBalance |
| Contributions | 18813 | Contributions |
| Investment Earnings Or Losses | 71780 | InvestmentEarningsOrLosses |
| Other Expenditures | 48888 | OtherExpenditures |
| End Of Year Balance | 713807 | EndOfYearBalance |
Current Year Minus4 Years CurrentYearMinus4Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 850241 | BeginningOfYearBalance |
| Contributions | 14170 | Contributions |
| Investment Earnings Or Losses | -145715 | InvestmentEarningsOrLosses |
| Other Expenditures | 46594 | OtherExpenditures |
| End Of Year Balance | 672102 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Permanent Endowment EOY Balance | 1.00000 | PermanentEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | false | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | false | EndowmentsHeldByRelatedOrgs |
| Are Related Orgs Listed Schedule R | false | AreRelatedOrgsListedScheduleR |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 26463 | OtherCostOrOtherBasis |
| Depreciation | 26463 | Depreciation |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Footnote In Part XIII | X | FootnoteInPartXIII |
| Tot Revenue Etc Audited Fincl Stmt | 705146 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 17672 | NetUnrealizedGainsInvestments |
| Revenue Not Rptd F990 | 17672 | RevenueNotRptdF990 |
| Revenue Subtotal | 687474 | RevenueSubtotal |
| Total Revenue Per Form990 | 687474 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 549641 | TotExpensesEtcAuditedFinclStmt |
| Expenses Subtotal | 549641 | ExpensesSubtotal |
| Total Expenses Per Form990 | 549641 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIII Form990ScheduleDPartXIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Part X | Identifier |
| Return Reference | Part X : FIN48 Footnote | ReturnReference |
| Explanation | Philanthrofund Foundation 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 Organizations 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. Philanthrofund Foundation 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 Organization Exempt From Income Tax (Form 990). The returns for the years ending June 30, 2010 and later remain subject to examination by the Internal Revenue Service. | Explanation |
Schedule G IRS990ScheduleG
| Field | Value | IRS element (for citing) |
|---|---|---|
| Agreement Ref Fundraising | false | AgreementRefFundraising |
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | CABARET | NameOfEvent1 |
| Gross Receipts Event1 | 88876 | GrossReceiptsEvent1 |
| Charitable Contributions Event1 | 36151 | CharitableContributionsEvent1 |
| Gross Revenue Event1 | 52725 | GrossRevenueEvent1 |
| Rent Facility Costs Event1 | 8638 | RentFacilityCostsEvent1 |
| Food And Beverage Event1 | 14161 | FoodAndBeverageEvent1 |
| Entertainment Event1 | 24701 | EntertainmentEvent1 |
| Other Direct Expenses Event1 | 9678 | OtherDirectExpensesEvent1 |
| Gross Receipts Total | 88876 | GrossReceiptsTotal |
| Charitable Contributions Total | 36151 | CharitableContributionsTotal |
| Gross Revenue Total Events | 52725 | GrossRevenueTotalEvents |
| Rent Facility Costs Total Events | 8638 | RentFacilityCostsTotalEvents |
| Food And Beverage Total Events | 14161 | FoodAndBeverageTotalEvents |
| Entertainment Total Events | 24701 | EntertainmentTotalEvents |
| Other Direct Expenses Total Events | 9678 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 57178 | DirectExpenseSummaryEvents |
| Net Income Summary | -4453 | NetIncomeSummary |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | true | RecordsMaintained |
Recipient Table RecipientTable (7 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EIN Of RecipientEINOfRecipient | IRC SectionIRCSection | Amount Of Cash GrantAmountOfCashGrant | Amount Of Non Cash AssistanceAmountOfNonCashAssistance | Purpose Of GrantPurposeOfGrant |
|---|---|---|---|---|---|---|---|---|
| RECLAIM | ||||||||
| 3217 HENNEPIN AVENUE SOUTH | MINNEAPOLIS | MN | 55408 | 800829665 | 501C(3) | 6700 | 0 | GRANT |
| MN TRANSGENDER HEALTH COALITI | ||||||||
| 3405 CHICAGO AVENUE SOUTH | MINNEAPOLIS | MN | 55407 | 203776010 | 501C(3) | 7500 | 0 | GRANT |
| METROPOLITAN AREA AGENCY ON A | ||||||||
| 2365 NORTH MCKNIGHT ROAD | ST PAUL | MN | 55109 | 411774247 | 501C(3) | 9000 | 0 | GRANT |
| HMONG AMERICAN PARTNERSHIP | ||||||||
| 379 UNIVERSITY AVENUE W 204 | ST PAUL | MN | 55103 | 411667580 | 501C(3) | 8000 | 0 | GRANT FOR SHADES OF YELLOW |
| FREEDOM INC | ||||||||
| 601 BAYVIEW | MADISON | WI | 53713 | 432023570 | 501C(3) | 10000 | 0 | GRANT |
| AMHERST H WILDER FNDN | ||||||||
| 451 LEXINGTON PARKWAY NORTH | ST PAUL | MN | 55104 | 410693889 | 501C(3) | 8400 | 0 | GRANT |
| AMAZE | ||||||||
| PO BOX 17417 | MINNEAPOLIS | MN | 55417 | 411972162 | 501C(3) | 10000 | 0 | FOR TRANS YOUTH SUPPORT NETWORK |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Nbr Of501 C3 And Govt Grants | 7 | TotalNbrOf501C3AndGovtGrants |
| Total Nbr Of Other Organizations | 0 | TotalNbrOfOtherOrganizations |
Form990 Schedule I Part III Form990ScheduleIPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Grant | SCHOLARSHIPS | TypeOfGrant |
| Number Of Recipients | 18 | NumberOfRecipients |
| Amount Of Cash Grant | 60500 | AmountOfCashGrant |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Grantmaker's Description of How Grants are Used | Identifier |
| Explanation | ALL GRANTEES AND SCHOLARSHIP WINNERS SUBMIT APPLICATIONS OUTLINING HOW THEIR QUALIFICATIONS MATCH PFUND'S CHARITABLE MISSION. SCHOLARSHIP PAYMENTS ARE NOT DISBURSED UNTIL THOSE RECEIVING DISBURSEMENT SUBMIT PROOF OF ENROLLMENT AT AN ACCREDITED EDUCATIONAL INSTITUTION. SCHOLARSHIP CHECKS ARE MAKE PAYABLE JOINTLY TO THE STUDENT WINNER AND THEIR ACCREDITED COLLEGE OR UNIVERSITY AND APPLIED TO STUDENT ACCOUNTS. GRANT DISBURSEMENTS ARE MADE PAYABLE TO REGISTERED 501C(3) OR 501C(4) ORGANIZATIONS. | Explanation |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTraded
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 9 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 27196 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | MARKET VALUE | MethodOfDeterminingRevenues |
Other Non Cash Contributions Table OtherNonCashContributionsTable
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Description | AUCTION ITEMS | Description |
| Number Of Contributions | 44 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 19021 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | donor estimate | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | false | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | true | ReviewProcessUnusualNCGifts |
| Third Parties Used | false | ThirdPartiesUsed |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (4 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Form 990, Part VI, Line 19 | Form 990, Part VI, Line 19: Other Organization Documents Publicly Available | PFUND FOUNDATION 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. |
| Form 990, Part VI, Line 15a | 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 TO THE ORGANIZATION; AND6. 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 PRESIDENT. |
| Form 990, Part VI, Line 12c | 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 IS INVOLVED THAT HE OR SHE BELIEVES COULD CONTRIBUTE TO A CONFLICT OF INTEREST. DETAILED PROCEDURES FORM MONITORING AND ENFORCING THE CONFLICT OF INTEREST POLICY ARE IN THE WRITTEN POLICY. |
| Form 990, Part VI, Line 11b | Form 990, Part VI, Line 11b: Form 990 Review Process | THE TREASURER AND FINANCE COMMITTEE REVIEW THE COMPLETED FORM 990. THE EXECUTIVE COMMITTEE IS EMPOWERED TO REVIEW THE FORM 990 IF THE FINANCE COMMITTEE CANNOT DUE TO TIMING IN REGARDS TO FILING DATE. THE BOARD CHAIR AND THE EXECUTIVE DIRECTOR OR OTHER DESIGNATED SIGNATORIES SIGN THE FORM 990. THE FORM 990 IS THEN CIRCULATED ELECTRONICALLY TO THE FULL BOARD PRIOR TO FILING. |
Comments