2013-08-14T12:52:08-05:00 2012-12-31 420714325 MCGLADREY LLP 310 BROADWAY AVENUE S SUITE 300 ROCHESTER MN 55904 990 2012-01-01 416017740 ROCHESTER AREA FOUNDATION ROCH 5072820203 400 SOUTH BROADWAY NO 300 ROCHESTER MN 55904 JOANN STORMER 5072820203 2013-07-30 1 DANIEL W EDWARDS P00043974 5072886476 2012 2016-02-25 16:41:14Z JOANN STORMER 400 SOUTH BROADWAY NO 300 ROCHESTER MN 55904 4450865 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. 14 12 9 12 0 0 1388460 1749239 0 0 1559414 2444842 107909 256784 3055783 4450865 1590318 1960832 0 0 201039 246026 0 0 123872 273123 278187 2064480 2485045 991303 1965820 25181232 26687629 1478731 1367792 23702501 25319837 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 2102144 1960832 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. 2102144 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 1 0 1 9 1 0 1 CJ 0 0 0 0 0 0 X 14 12 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 2.00 X X 0 0 0 NANCY DOMAILLE 2.00 X 0 0 0 LEIGH JOHNSON 2.00 X 0 0 0 JEAN LOCKE 2.00 X X 0 0 0 KAREL WEIGEL 2.00 X 0 0 0 BARBARA PORTER 2.00 X 0 0 0 JOE POWERS 2.00 X 0 0 0 JOSE RIVAS 2.00 X 0 0 0 WENDY SHANNON 2.00 X 0 0 0 MARK UTZ 2.00 X 0 0 0 HUGH SMITH 2.00 X X 0 0 0 TOM WENTE 2.00 X X 0 0 0 JOANN STORMER 40.00 X 137175 0 17179 SEAN ALLEN 40.00 X 0 0 0 137175 0 17179 1 0 1 0 0 1749239 325582 1749239 413626 413626 2031216 0 2031216 2031216 2031216 FOR EXEMPT PURPOSE 900099 211204 211204 CHANGE IN VALUE OF SPLIT INTEREST 523000 45580 45580 256784 4450865 211204 0 2490422 1960832 1960832 69460 30236 4930 34294 176566 76853 58623 41090 104355 55867 48488 3231 1406 1825 30180 13137 17043 2496 2496 11330 11330 12401 5397 7004 INVESTMENT EXPENSE 49099 49099 REPAIRS AND MAINTENANCE 27529 11983 15546 PRINTING AND POSTAGE 18241 18241 OTHER 12884 12884 6441 2300 4141 2485045 2102144 259029 123872 235392 237359 1027637 100729 62625 40050 133389 106565 27209 26824 22683810 24787057 1144559 1495610 25181232 26687629 28682 36495 91200 51350 1358849 1279947 1478731 1367792 X 19595744 21199036 2185113 2199157 1921644 1921644 23702501 25319837 25181232 26687629 1965820 -348484 0 X X 0 1 X 1 0 X 1447426 1737630 2048023 1475877 1779558 8488514 1447426 1737630 2048023 1475877 1779558 8488514 8488514 1095768 557413 461293 478941 413627 3007042 11495556 0.73840 0.68760 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 109 1464186 1513138 8962404 1 1 1 63413 16236 47927 31722 13548161 1108021 1374490 347863 358798 15324011 13633043 663241 -129202 464867 154054 13548161 13183090 366018 984325 552904 347486 13633043 11704240 151346 2174652 430672 416476 13183090 16720099 876382 -4797245 813087 281909 11704240 0.79970 0.12540 0.07490 0 0 133389 106565 26824 26824 INVESTMENTS IN MARKETABLE SECURITIES 24787057 F 24787057 INTEREST AND DIVIDENDS REC. 15478 DUE FROM FIRST HOMES PROPERTIES - AFFILIATE 86222 OTHER ASSETS 44335 DUE FROM FIRST STEPS - AFFILIATE 80026 BENEFICIAL INTEREST IN TRUSTS HELD BY OTHERS 661205 DUE FROM ROCHESTER COMMUNITY FINANCE - AFFILIATE 608344 1495610 UNITRUST OBLIGATIONS 634000 REFUNDABLE ADVANCES 486764 ANNUITIES PAYABLE 80449 DUE TO FIRST STEPS - AFFILIATE 78734 1279947 X 5057970 -348484 30319 974369 656204 4401766 49099 49099 4450865 3546734 30319 1080469 1110788 2435946 49099 49099 2485045 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: 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, 2012 GENERALLY, THE FEDERAL AND MINNESOTA TAX RETURNS FOR THE FOUNDATION ARE OPEN FOR EXAMINATION BY TAXING AUTHORITIES FOR THE YEARS 2009 TO 2011. AT DECEMBER 31, 2012, THE FOUNDATION DID NOT RECORD ANY LIABILITIES FOR UNCERTAIN TAX POSITIONS. PART XI, LINE 2D - OTHER ADJUSTMENTS: REPORTED BY AFFILIATES 974,369. PART XII, LINE 2D - OTHER ADJUSTMENTS: REPORTED BY AFFILIATES 1,080,469. 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 ABILITY BUILDING CENTER 1911 14TH STREET NW ROCHESTER MN 55901 410829178 501(C)(3) 53000 OPERATING SUPPORT ALLIANCE FOR EDUCATION SEATTLE 911508191 7500 OPERATING SUPPORT ARC SOUTHEASTERN MINNESOTA 6301 BANDEL ROAD NW SUITE 605 ROCHESTER MN 55901 416042617 501(C)(3) 10000 OPERATING SUPPORT AUTUMN RIDGE CHURCH 3611 SALEM ROAD SW ROCHESTER MN 55901 410721677 501(C)(3):CHURCH 10000 OPERATING SUPPORT BOYS & GIRLS CLUB 1026 E CENTER STREET ROCHESTER MN 55904 411945875 501(C)(3) 59500 CAPACITY BUILDING, CAPITAL CAMPAIGN, IMPACT COORDINATOR BREAKING FREE 770 UNIVERSITY AVE ST PAUL MN 55104 411856806 501(C)(3) 5000 OPERATING SUPPORT BYRON SCHOOL DISTRICT #531 509 4TH AVE NE BYRON MN 55920 416002825 501(C)(3):SCHOOL 7500 OPERATING SUPPORT CAMP VICTORY MINISTRIES 58212 403RD AVENUE ZUMBRO FALLS MN 55991 311710184 501(C)(3) 624200 OPERATING SUPPORT CHOSEN VALLEY COMMUNITY FOUNDATION ROOT RIVER STATE BANK BOX 517 CHATFIELD MN 55923 411986997 501(C)(3) 7430 OPERATING SUPPORT COMMUNITY DENTAL CARE 1670 BEAM AVE MAPLEWOOD MN 55109 043692982 501(C)(3) 23500 OPERATING SUPPORT DOROTHY DAY HOSPITALITY HOUSE 703 1ST ST SW ROCHESTER MN 55902 363348305 501(C)(3) 47000 OPERATING SUPPORT FAIRVOTE MINNESOTA FOUNDATION PO BOX 19440 MINNEAPOLIS MN 55419 411124245 501(C)(3) 5000 OPERATING SUPPORT FAMILY MEANS 1875 NORTHWESTERN AVE S STILLWATER MN 55082 416045574 501(C)(3) 10000 OPERATING SUPPORT GIFT OF LIFE 705 SECOND ST SW ROCHESTER MN 55902 411495845 501(C)(3) 5200 OPERATING SUPPORT HOSANNA LUTHERAN CHURCH 2815 57 ST SW ROCHESTER MN 55901 411620929 501(C)(3):CHURCH 10000 OPERATING SUPPORT INTERCULTURAL MUTUAL ASSISTANCE ASSOCIATION 2500 VALLEYHIGH DR NW ROCHESTER MN 55904 411497753 501(C)(3) 10000 OPERATING SUPPORT INTERNATIONAL MEDICAL ASSISTANCE PO BOX 2161 COLUMBUS IN 47202 383421431 501(C)(3) 15000 OPERATING SUPPORT JOY 300 S BROADWAY ROCHESTER MN 55904 416017740 501(C)(3) 5000 OPERATING SUPPORT LOURDES HIGH SCHOOL 621 W CENTER ST ROCHESTER MN 55902 410830752 501(C)(3) 73000 OPERATING SUPPORT LUTHERN SOCIAL SERVICES OF MINNESOTA 710 S 2ND ST MANKATO MN 56001 410872993 501(C)(3) 5000 OPERATING SUPPORT MAYO CLINIC 200 FIRST ST SW ROCHESTER MN 55905 411937751 501(C)(3) 160000 RESEARCH, RACE MINNESOTA LICENSED FAMILY CHILD CARE ASSOCIATION 1821 UNIVERSITY AVE W ST PAUL MN 55104 416152641 501(C)(3) 5000 OPERATING SUPPORT NATIONAL MULTIPLE SCLEROSIS SOCIETY 200 12TH AVE S MINNEAPOLIS MN 55415 410790658 501(C)(3) 5000 OPERATING SUPPORT ROCHESTER ART CENTER 40 CIVIC CENTER DR SE ROCHESTER MN 55904 410830223 501(C)(3) 5000 OPERATING SUPPORT ROCHESTER CENTRAL LUTHERAN SCHOOL 2619 9TH AVE NW ROCHESTER MN 55901 410830223 501(C)(3) 5000 OPERATING SUPPORT ROCHESTER COMMUNITY & TECHNICAL COLLEGE 850 30TH AVE SE ROCHESTER MN 55904 411535213 501(C)(3):SCHOOL 63000 SCHOLARSHIPS ROCHESTER PUBLIC LIBRARY 101 2ND ST S ROCHESTER MN 55904 416005494 501(C)(3) 10000 OPERATING SUPPORT ROCHESTER PUBLIC SCHOOL FOUNDATION 201 8TH ST NW ROCHESTER MN 55901 411628288 501(C)(3) 50000 OPERATING SUPPORT RONALD MCDONALD HOUSE 850 2ND ST SW ROCHESTER MN 55902 411344744 501(C)(3) 10200 OPERATING SUPPORT ROTARY CLUB OF ROCHESTER FOUNDATION PO BOX 7566 ROCHESTER MN 55903 411628263 501(C)(3) 9240 OPERATING SUPPORT SAFE HAVEN PET RESCUE INC 100 1ST AVE SE ROCHESTER MN 55904 411928263 501(C)(3) 5000 OPERATING SUPPORT SALVATION ARMY PO BOX 575 ROCHESTER MN 55903 410698597 501(C)(3) 32500 OPERATING SUPPORT SE MN CHAPTER AMERICAN GUILD OF ORGANISTS 2065 SUMMIT DRIVE NE ROCHESTER MN 55906 416083308 501(C)(3) 6696 SCHOLARSHIPS SOUTH CENTRAL SERVICE COOPERATIVE CENTER FOR ACADEMIC EXCELLENCE 2075 LOOKOUT DRIVE NORTH MANKATO MN 56003 411297678 501(C)(3) 8000 OPERATING SUPPORT SOUTH DAKOTA STATE UNIVERSITY FOUNDATION 823 MEDARY AVE BOX 525 BROOKINGS SD 57007 460273801 501(C)(3) 18400 SCHOLARSHIPS SOUTHWESTERN COLLEGE 2625 E CACTUS ROAD PHOENIX AZ 85032 860186050 501(C)(3):SCHOOL 30000 OPERATING SUPPORT ST FRANCIS OF ASSISI CHURCH 1114 3RD ST NE ROCHESTER MN 55906 410694749 501(C)(3):CHURCH 5000 OPERATING SUPPORT ST LUKE'S EPISCOPAL 1884 22ND ST NW ROCHESTER MN 55901 410876187 501(C)(3):CHURCH 15000 BUILDING/OPERATING SUPPORT UNITED WAY OF OLMSTED COUNTY 903 WEST CENTER STREET ROCHESTER MN 55902 410695594 501(C)(3) 8000 OPERATING SUPPORT YOUNG EAGLES FOUNDATION PO BOX 3086 OSHKOSH WI 54903 390917537 501(C)(3) 10000 OPERATING SUPPORT OPERATING SUPPORT OPERATING SUPPORT X 0 0 0 0 0 0 0 0 0 JOANN STORMER 137175 0 0 0 0 0 6859 0 10320 0 154354 0 0 0 TOM WENTE BOARD MEMBER, >5% OWNER OF PARTNERSHIP 45600 BOARD MEMBER IS A MINORITY SHAREHOLDER IN AN ACCOUNTING FIRM THAT RECEIVES COMPENSATION FOR BOOKKEEPING SERVICES PERFORMED FOR THE ORGANIZATION. 0 X 7 325582 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 STEPS IN EDUCATION 400 SOUTH BROADWAY ROCHESTER MN 55904 204190151 PROVIDE INFORMATION AND EDUCATION FOR CHILDREN ENTERING KINDERGARTEN MN 501(C)3 7 ROCHESTER AREA FOUNDATION 0 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 2255945 LOAN BALANCE FIRST STEPS D 80026 LOAN BALANCE ROCHESTER COMMUNITY FINANCE D 2335714 LOAN BALANCE