2014-03-22T06:32:44-07:00 2013-06-30 Carpenter Evert & Associates 7760 France Ave S 940 Bloomington MN 55435 990 2012-07-01 363567019 PHILANTHROFUND FOUNDATION PHIL 6128701806 1409 WILLOW STREET MINNEAPOLIS MN 55403 LINDSAY KRUH 2014-03-22 true Marc Colin P00560855 9528310085 2012 2015-11-30 17:44:51Z LINDSAY KRUH 1409 WILLOW STREET NO 109 MINNEAPOLIS MN 55403 1571000 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. 14 14 7 150 0 454422 627586 3255 3800 45812 60541 -3050 -4453 500439 687474 147900 169080 0 242524 244462 0 66246 366494 136099 756918 549641 -256479 137833 1017765 1084796 110884 22410 906881 1062386 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 432650 169080 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. 432650 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 false false false true false false false false false false false false false true 14 0 true 7 true false false false false false false false false 0 false false false false false false false false false false X 14 14 false false false false false false false true true false false true true true true true true true true false MN X X THE ORGANIZATION 6128701806 1409 WILLOW STREET MINNEAPOLIS MN 55403 CLAIRE WILSON 1.00 0.00 X 0 0 0 RAMONA STATELY 1.00 0.00 X 0 0 0 KATHRYN ROSS 1.00 0.00 X 0 0 0 JARON ROERING 1.00 0.00 X 0 0 0 CRAIG PEIFER 1.00 0.00 X 0 0 0 LUCIANO PATINO 1.00 0.00 X 0 0 0 TYLER MERTEN 1.00 0.00 X 0 0 0 DAWN LaDASSOR 2.00 0.00 X X 0 0 0 LINDSAY KRUH 2.00 0.00 X X 0 0 0 ALEX IANTAFFI 2.00 0.00 X X 0 0 0 JASON HOWARD 1.00 0.00 X 0 0 0 JENNIFER HOUSTON 1.00 0.00 X 0 0 0 MAX GRIES 1.00 0.00 X 0 0 0 MARJORIE GREVIOUS 1.00 0.00 X 0 0 0 LOIS CARLSON 1.00 0.00 X 0 0 0 STEVE BUBUL 2.00 0.00 X 0 0 0 CURTIS BROCK 2.00 0.00 X X 0 0 0 SUSAN RAFFO 30.00 0.00 X 40661 0 5206 KATE EUBANK 30.00 0.00 X 43203 0 2869 83864 8075 0 false false false 0 36151 591435 46217 627586 MANAGEMENT FEES 900099 3800 3800 3800 25150 25150 0 0 0 861739 826348 35391 35391 35391 52725 36151 57178 -4453 0 0 0 687474 39191 25150 108580 108580 60500 60500 0 0 91939 64119 12827 14993 0 122554 80634 24774 17146 0 13968 9950 1402 2616 16001 10750 2865 2386 0 0 0 0 0 0 33648 21671 1850 10127 7254 7204 50 41721 28550 1464 11707 4665 2403 379 1883 0 22130 14978 3790 3362 2213 1827 60 326 0 4050 2917 593 540 0 0 424 287 73 64 2052 1389 351 312 MISCELLANEOUS 882 392 72 418 DUES AND SUBSCRIPTIONS 1615 1615 VOLUNTEER EXPENSE 2821 2260 245 316 PROGRAM EXPENSE 12624 12624 0 549641 432650 50745 66246 40333 66366 91495 25473 37667 135081 0 0 0 0 0 5810 6332 26463 26463 424 0 842036 851544 0 0 0 0 1017765 1084796 6621 9410 5000 13000 99263 110884 22410 X -29435 -1325 48980 175822 887336 887889 906881 1062386 1017765 1084796 137833 17672 X false true X true false X 343598 383882 804308 451210 591435 2574433 0 0 343598 383882 804308 451210 591435 2574433 364154 2210279 51669 46263 35003 28759 25150 186844 0 0 2761277 0.80050 0.92480 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 770298 2423 69706 46553 795874 799014 11974 -500 40190 770298 713807 14682 118583 48058 799014 672102 18813 71780 48888 713807 850241 14170 -145715 46594 672102 1.00000 false false false 26463 26463 X 705146 17672 17672 687474 687474 549641 549641 549641 Part X Part X : FIN48 Footnote 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. false CABARET 88876 36151 52725 8638 14161 24701 9678 88876 36151 52725 8638 14161 24701 9678 57178 -4453 true 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 7 0 SCHOLARSHIPS 18 60500 Grantmaker's Description of How Grants are Used 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. X 9 27196 MARKET VALUE X AUCTION ITEMS 44 19021 donor estimate false true false 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.