AIM HIGHER FOUNDATION: Form 990, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- AIM HIGHER FOUNDATION (EIN 46-3935682)
- Tax period
- 2024-07-01 to 2025-06-30
- Filed
- 2026-02-17
- IRS object ID
- 202630489349300128
- Schema version
- 2024v5.5
- 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
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule G
- Schedule I
- Schedule J
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2026-02-17T10:06:46-06:00 | ReturnTs |
| Tax Period End | 2025-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 410887288 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BOULAY PLLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 11095 VIKING DRIVE-STE 500 | AddressLine1Txt |
| City | MINNEAPOLIS | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 55344 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2024-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 463935682 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | AIM HIGHER FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | AIMH | BusinessNameControlTxt |
| Phone | 6128196711 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2610 UNIVERSITY AVENUE WEST 525 | AddressLine1Txt |
| City | ST PAUL | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 55114 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | RICHARD R AUSTIN III | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 6128196711 | PhoneNum |
| Signature | 2026-01-13 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (1) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | DANIEL R MARKOWITZ | PreparerPersonNm |
| PTIN | P01881766 | PTIN |
| Phone | 9528939320 | PhoneNum |
| Preparation | 2026-01-12 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | RICHARD R AUSTIN III | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2610 UNIVERSITY AVENUE WEST 525 | AddressLine1Txt |
| City | ST PAUL | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 55114 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $3,651,701 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | AIMHIGHERFOUNDATION.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2013 | FormationYr |
| Legal Domicile State | MN | LegalDomicileStateCd |
| Activity Or Mission | THE AIM HIGHER FOUNDATION (AHF) PROVIDES SCHOLARSHIPS TO STUDENTS FROM FAMILIES WITH DEMONSTRATED FINANCIAL NEED WHO SEEK A CATHOLIC EDUCATION FOR THEIR CHILDREN | ActivityOrMissionDesc |
| Voting Members Governing Body | 15 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 15 | VotingMembersIndependentCnt |
| Total Employee | 7 | TotalEmployeeCnt |
| Total Volunteers | 100 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $2,262,784 | PYContributionsGrantsAmt |
| CY Contributions Grants | $3,386,268 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $0 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $0 | CYProgramServiceRevenueAmt |
| PY Investment Income | $166,417 | PYInvestmentIncomeAmt |
| CY Investment Income | $209,374 | CYInvestmentIncomeAmt |
| PY Other Revenue | -$121,108 | PYOtherRevenueAmt |
| CY Other Revenue | -$149,986 | CYOtherRevenueAmt |
| PY Total Revenue | $2,308,093 | PYTotalRevenueAmt |
| CY Total Revenue | $3,445,656 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $2,522,360 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $2,892,360 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $595,146 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $662,372 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $430,661 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $221,185 | PYOtherExpensesAmt |
| CY Other Expenses | $271,137 | CYOtherExpensesAmt |
| PY Total Expenses | $3,338,691 | PYTotalExpensesAmt |
| CY Total Expenses | $3,825,869 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$1,030,598 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$380,213 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $5,490,835 | TotalAssetsBOYAmt |
| Total Assets EOY | $5,537,980 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $2,899,942 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $3,260,412 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $2,590,893 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $2,277,568 | NetAssetsOrFundBalancesEOYAmt |
| Mission | THE AIM HIGHER FOUNDATION (AHF) PROVIDES SCHOLARSHIPS TO STUDENTS FROM FAMILIES WITH DEMONSTRATED FINANCIAL NEED WHO SEEK A CATHOLIC EDUCATION FOR THEIR CHILDREN | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $3,116,836 | ExpenseAmt |
| Grant | $2,892,360 | GrantAmt |
| Desc | THE AIM HIGHER FOUNDATION PROVIDES TUITION-ASSISTANCE SCHOLARSHIPS TO STUDENTS FROM FAMILIES WITH DEMONSTRATED FINANCIAL NEED WHO SEEK A CATHOLIC EDUCATION FOR THEIR CHILDREN. | Desc |
| Total Program Service Expenses | $3,116,836 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (1) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (1) | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 9 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 7 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (1) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (1) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 15 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 15 | IndependentVotingMemberCnt |
| Family Or Business Rln | Yes (1) | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | Yes (1) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | MN | StatesWhereCopyOfReturnIsFldCd |
| Own Website | Yes (X) | OwnWebsiteInd |
| Other Website | Yes (X) | OtherWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
| Other | Yes (X) | OtherInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | RICHARD R AUSTIN III | PersonNm |
| Phone | 6128196711 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2610 UNIVERSITY AVENUE WEST 525 | AddressLine1Txt |
| City | ST PAUL | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 55114 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (16 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt |
|---|---|---|---|---|---|---|
| MARY SCHAFFNER | ||||||
| BOARD CHAIR | 5.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| JOE DONNELLY | ||||||
| VICE CHAIR/SECRETARY | 3.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| SARAH SCHUMACHER | ||||||
| TREASURER | 3.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| BRENT FREDERICK | ||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |
| FATHER CHRIS COLLINS | ||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |
| DON MULLIGAN | ||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |
| ELIZABETH NEINTIMP | ||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |
| GREG SCHUMACHER | ||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |
| JACKIE DAYLOR | ||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |
| JANE MCDONALD BLACK | ||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |
| JEFF CACHAT | ||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |
| JULIE HURLEY | ||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |
| MARGARET REQUET | ||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |
| PAUL HERRO | ||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |
| STEVE LUCKE | ||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |
| RICHARD R AUSTIN III | ||||||
| PRESIDENT | 60.00 | Yes (X) | $174,753 | $0 | $3,495 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $174,753 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $3,495 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 1 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
| Cntrct Rcvd Greater Than100 K | 0 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $1,184,393 | FundraisingAmt |
| All Other Contributions | $2,201,875 | AllOtherContributionsAmt |
| Noncash Contributions | $35,761 | NoncashContributionsAmt |
| Total Contributions | $3,386,268 | TotalContributionsAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $153,136 | TotalRevenueColumnAmt |
| Exclusion | $153,136 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $56,238 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $0 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $56,238 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $56,238 | TotalRevenueColumnAmt |
| Exclusion | $56,238 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $52,455 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $1,184,393 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $206,045 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$153,590 | TotalRevenueColumnAmt |
| Exclusion | -$153,590 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | MISCELLANEOUS INCOME | Desc |
| Business | 611710 | BusinessCd |
| Total Revenue Column | $3,604 | TotalRevenueColumnAmt |
| Exclusion | $3,604 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $3,604 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $3,445,656 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $59,388 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,892,360 | TotalAmt |
| Program Services | $2,892,360 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $177,116 | TotalAmt |
| Program Services | $35,423 | ProgramServicesAmt |
| Management And General | $37,607 | ManagementAndGeneralAmt |
| Fundraising | $104,086 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $397,094 | TotalAmt |
| Program Services | $123,701 | ProgramServicesAmt |
| Management And General | $92,903 | ManagementAndGeneralAmt |
| Fundraising | $180,490 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $43,888 | TotalAmt |
| Program Services | $12,211 | ProgramServicesAmt |
| Management And General | $9,896 | ManagementAndGeneralAmt |
| Fundraising | $21,781 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $44,274 | TotalAmt |
| Program Services | $12,288 | ProgramServicesAmt |
| Management And General | $10,089 | ManagementAndGeneralAmt |
| Fundraising | $21,897 | FundraisingAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $53,509 | TotalAmt |
| Management And General | $53,509 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $15,310 | TotalAmt |
| Management And General | $15,310 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $63,753 | TotalAmt |
| Program Services | $13,112 | ProgramServicesAmt |
| Management And General | $13,377 | ManagementAndGeneralAmt |
| Fundraising | $37,264 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $27,053 | TotalAmt |
| Program Services | $5,435 | ProgramServicesAmt |
| Management And General | $5,998 | ManagementAndGeneralAmt |
| Fundraising | $15,620 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $21,270 | TotalAmt |
| Program Services | $1,973 | ProgramServicesAmt |
| Management And General | $6,299 | ManagementAndGeneralAmt |
| Fundraising | $12,998 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $20,874 | TotalAmt |
| Program Services | $5,913 | ProgramServicesAmt |
| Management And General | $4,335 | ManagementAndGeneralAmt |
| Fundraising | $10,626 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $40,938 | TotalAmt |
| Program Services | $10,557 | ProgramServicesAmt |
| Management And General | $9,882 | ManagementAndGeneralAmt |
| Fundraising | $20,499 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $260 | TotalAmt |
| Management And General | $260 | ManagementAndGeneralAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,110 | TotalAmt |
| Management And General | $6,110 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $534 | TotalAmt |
| Program Services | $149 | ProgramServicesAmt |
| Management And General | $119 | ManagementAndGeneralAmt |
| Fundraising | $266 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,101 | TotalAmt |
| Management And General | $3,101 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (2 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| SUPPLIES AND EQUIPMENT | $11,002 | $3,714 | $2,154 | $5,134 |
| EVENT EXPENSE | $7,423 | $7,423 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,825,869 | TotalAmt |
| Program Services | $3,116,836 | ProgramServicesAmt |
| Management And General | $278,372 | ManagementAndGeneralAmt |
| Fundraising | $430,661 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,275,775 | BOYAmt |
| EOY | $1,168,221 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $928,023 | BOYAmt |
| EOY | $947,606 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $33,606 | BOYAmt |
| EOY | $22,486 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $13,617 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $12,326 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,826 | BOYAmt |
| EOY | $1,291 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,217,647 | BOYAmt |
| EOY | $3,307,079 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $33,958 | BOYAmt |
| EOY | $91,297 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,490,835 | BOYAmt |
| EOY | $5,537,980 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $49,322 | BOYAmt |
| EOY | $28,285 | EOYAmt |
Grants Payable GrantsPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,802,281 | BOYAmt |
| EOY | $3,140,220 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $15,000 | BOYAmt |
| EOY | $0 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $33,339 | BOYAmt |
| EOY | $91,907 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,899,942 | BOYAmt |
| EOY | $3,260,412 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $762,798 | BOYAmt |
| EOY | $305,292 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,828,095 | BOYAmt |
| EOY | $1,972,276 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,590,893 | BOYAmt |
| EOY | $2,277,568 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,490,835 | BOYAmt |
| EOY | $5,537,980 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | -$380,213 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $66,888 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $2,372,222 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $2,837,815 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $2,081,976 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $2,277,784 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $3,386,268 | CurrentTaxYearAmt |
| Total | $12,956,065 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $2,372,222 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $2,837,815 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $2,081,976 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $2,277,784 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $3,386,268 | CurrentTaxYearAmt |
| Total | $12,956,065 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $942,140 | SubstantialContributorsTotAmt |
| Public Support Total170 | $12,013,925 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $7,817 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $31,837 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $73,817 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $121,973 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $153,136 | CurrentTaxYearAmt |
| Total | $388,580 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year | $3,604 | CurrentTaxYearAmt |
| Total | $3,604 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $13,348,249 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $239,792 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.90000 | PublicSupportCY170Pct |
| Public Support PY170 | 0.82550 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| 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) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Agent Trustee Etc | 0 | AgentTrusteeEtcInd |
| Incl Escrow Custodial Acct Liab | Yes (1) | InclEscrowCustodialAcctLiabInd |
| Explanation Provided | Yes (X) | ExplanationProvidedInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $939,522 | BeginningYearBalanceAmt |
| Contributions | $10,000 | ContributionsAmt |
| Investment Earnings Or Losses | $104,455 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $31,827 | GrantsOrScholarshipsAmt |
| Administrative Expenses | $7,848 | AdministrativeExpensesAmt |
| End Year Balance | $1,014,302 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $874,308 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $101,012 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $28,601 | GrantsOrScholarshipsAmt |
| Administrative Expenses | $7,197 | AdministrativeExpensesAmt |
| End Year Balance | $939,522 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $734,796 | BeginningYearBalanceAmt |
| Contributions | $100,000 | ContributionsAmt |
| Investment Earnings Or Losses | $72,703 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $27,000 | GrantsOrScholarshipsAmt |
| Administrative Expenses | $6,191 | AdministrativeExpensesAmt |
| End Year Balance | $874,308 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $825,069 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | -$60,028 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $23,600 | GrantsOrScholarshipsAmt |
| Administrative Expenses | $6,645 | AdministrativeExpensesAmt |
| End Year Balance | $734,796 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $644,998 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $193,326 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $10,400 | GrantsOrScholarshipsAmt |
| Administrative Expenses | $5,855 | AdministrativeExpensesAmt |
| End Year Balance | $825,069 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Prmnnt Endowment Balance EOY | 1.00000 | PrmnntEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | Yes (1) | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,202 | OtherCostOrOtherBasisAmt |
| Depreciation | $1,202 | DepreciationAmt |
| Book Value | $0 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $12,415 | OtherCostOrOtherBasisAmt |
| Depreciation | $11,124 | DepreciationAmt |
| Book Value | $1,291 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $1,291 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)
| DescDesc | AmtAmt |
|---|---|
| CURRENT MATURITIES OF OPERATING LEASE OBLIGATIONS | $17,775 |
| LONG-TERM OPERATING LEASE OBLIGATIONS | $74,132 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $91,907 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $3,497,234 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $66,888 | NetUnrealizedGainsInvstAmt |
| Revenue Not Reported | $66,888 | RevenueNotReportedAmt |
| Revenue Subtotal | $3,430,346 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $15,310 | InvestmentExpensesNotIncldAmt |
| Revenue Not Reported Fincl Stmt | $15,310 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $3,445,656 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $3,810,559 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Not Reported | $0 | ExpensesNotReportedAmt |
| Expenses Subtotal | $3,810,559 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $15,310 | InvestmentExpensesNotIncld2Amt |
| Expenses Not Rpt Fincl Stmt | $15,310 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $3,825,869 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART IV, LINE 2B: | IN 2018, THE FOUNDATION CREATED THE JOHN M. NASSEFF MEMORIAL SCHOLARSHIP PROGRAM (MEMORIAL SCHOLARSHIP PROGRAM). UNDER THE TERMS OF THE MEMORIAL SCHOLARSHIP PROGRAM, THE FOUNDATION RECEIVES A 2% ADMINISTRATIVE FEE OF ALL FUNDS RECEIVED, AND THE REMAINING NET FUNDS ARE THEN ALLOCATED 10% TO AIM HIGHER STUDENT SCHOLARSHIPS AT ST. PAUL SCHOOLS AND 90% FOR SCHOLARSHIPS AT A SPECIFIED SCHOOL. THE FOUNDATION RECOGNIZES THE 2% ADMINISTRATIVE FEE AS SERVICE REVENUE, THE 10% ALLOCATED FUNDS AS AIM HIGHER CONTRIBUTIONS RECEIVED WITH DONOR RESTRICTIONS FOR ST. PAUL SCHOOLS, AND THE 90% ALLOCATED FUNDS THAT ARE DESIGNATED FOR SCHOLARSHIPS AT THE SPECIFIED SCHOOL ARE CONSIDERED AGENCY-TYPE FUNDS. THE AGENCY-TYPE FUNDS ARE NOT RECOGNIZED AS THE FOUNDATION'S CONTRIBUTION REVENUE BUT ARE RATHER RECORDED AS A LIABILITY (THE "MEMORIAL SCHOLARSHIP PROGRAM, DESIGNATED SCHOLARSHIPS") UNTIL THEY ARE PAID. THE ENDING VALUE OF THESE AGENCY-TYPE FUNDS FOR THE FISCAL YEAR WAS $216,846. |
| PART V, LINE 4: | THE PURPOSE OF THE ENDOWMENT IS TO COLLECT, INVEST, MANAGE, AND MAKE DISTRIBUTIONS FROM THE FUND TO SUPPORT THE GENERAL CHARITABLE PURPOSE OF THE AIM HIGHER FOUNDATION. FUNDS ARE HELD AT CATHOLIC COMMUNITY FOUNDATION. |
| PART X, LINE 2: | THE FOUNDATION IS A NONPROFIT ENTITY AND, THEREFORE, EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND APPLICABLE STATE STATUTES. THE FOUNDATION FOLLOWS GUIDANCE FOR ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES AND HAS EVALUATED WHETHER THEY HAVE ANY SIGNIFICANT UNCERTAINTIES THAT WOULD REQUIRE RECOGNITION OR DISCLOSURE. PRIMARILY DUE TO THE EXEMPT STATUS, THE FOUNDATION DOES NOT HAVE ANY SIGNIFICANT TAX UNCERTAINTIES THAT WOULD REQUIRE RECOGNITION OR DISCLOSURE. THE FOUNDATION IS NO LONGER SUBJECT TO U.S. FEDERAL, STATE, OR LOCAL TAX EXAMINATIONS FOR YEARS BEFORE FISCAL 2022. |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | NIGHT OF LIGHT | Event1Nm |
| Gross Receipts Event1 | $1,236,848 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $1,184,393 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $52,455 | GrossRevenueEvent1Amt |
| Food And Beverage Event1 | $127,523 | FoodAndBeverageEvent1Amt |
| Other Direct Expenses Event1 | $78,522 | OtherDirectExpensesEvent1Amt |
| Gross Receipts Total | $1,236,848 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $1,184,393 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $52,455 | GrossRevenueTotalEventsAmt |
| Food And Beverage Total Events | $127,523 | FoodAndBeverageTotalEventsAmt |
| Oth Direct Expnss Total Events | $78,522 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $206,045 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | -$153,590 | NetIncomeSummaryAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SEE ATTACHED SCHEDULE | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash Grant | $2,892,360 | CashGrantAmt |
| Non Cash Assistance | $0 | NonCashAssistanceAmt |
| Purpose Of Grant | TUITION SCHOLARSHIP FOR PRIVATE CATHOLIC EDUCATION | PurposeOfGrantTxt |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 2: | TUITION SCHOLARSHIPS ARE APPLIED TO AND AWARDED ON A PER-STUDENT BASIS, AND SCHOLAR DATA IS MONITORED FOR EACH DESIGNATED SCHOLARSHIP RECIPIENT. TADS (TUITION AID DATA SERVICES), A THIRD-PARTY VENDOR, ASSESSES THE FINANCIAL NEED OF THE STUDENT'S FAMILY. ENROLLMENT VERIFICATION OF THE GRANTEE IS THEN CONDUCTED BY THE SCHOOL TO VALIDATE THE USE OF FUNDS AT THAT SCHOOL. |
| PART II, LINE 1A THROUGH 1H | ALL SAINTS CATHOLIC SCHOOL (LAKEVILLE, MN) 0 0 MN 0 41-0705872 $23,000.00 ANNUNCIATION SCHOOL (MINNEAPOLIS, MN) 509 WEST 54TH STREET MINNEAPOLIS MN 55419 41-0721671 $17,000.00 ASCENSION SCHOOL (MINNEAPOLIS, MN) 1726 DUPONT AVENUE NORTH MINNEAPOLIS MN 55411 41-0705767 $84,000.00 AVE MARIA ACADEMY (MAPLE GROVE, MN) 7000 JEWEL LANE NORTH MAPLE GROVE MN 55311 41-1871572 $15,000.00 BENILDE-ST. MARGARET'S SCHOOL (ST. LOUIS PARK, MN) 2501 MN-100, ST LOUIS PARK MN 55416 41-1240936 $7,000.00 BETHLEHEM ACADEMY (FARIBAULT, MN) 105 3RD AVE SW FARIBAULT MN 55021 41-1794765 $24,000.00 BLESSED TRINITY CATHOLIC SCHOOL (RICHFIELD, MN) 6730 NICOLLET AVENUE SOUTH RICHFIELD MN 55423 41-1787370 $98,000.00 CARONDELET CATHOLIC SCHOOL (MINNEAPOLIS, MN) 3210 WEST 51ST STREET MINNEAPOLIS MN 55410 41-1783087 $3,000.00 COMMUNITY OF SAINTS REGIONAL SCHOOL (WEST ST. PAUL, MN) 335 HURLEY AVENUE EAST WEST ST. PAUL MN 55118 45-4804818 $80,000.00 DIVINE MERCY (FARIBAULT, MN) 15 SW 3RD AVE FARIBAULT MN 55021 41-0954118 $55,000.00 EPIPHANY CATHOLIC SCHOOL (COON RAPIDS, MN) 11001 HANSON BLVD. COON RAPIDS MN 55433 41-0880245 $41,000.00 FAITHFUL SHEPHERD CATHOLIC SCHOOL (EAGAN, MN) 3355 COLUMBIA DRIVE EAGAN MN 55121 41-1880757 $23,000.00 FRASSATI CATHOLIC ACADEMY (WHITE BEAR LAKE, MN) 4690 BALD EAGLE AVE WHITE BEAR LAKE MN 55110-3441 46-3494121 $18,000.00 GOOD SHEPHERD SCHOOL (GOLDEN VALLEY, MN) 4690 BALD EAGLE AVE WHITE BEAR LAKE MN 55110-3441 46-3494121 $10,000.00 HIGHLAND CATHOLIC SCHOOL (SAINT PAUL, MN) 2017 BOHLAND AVE. ST. PAUL MN 55116 41-0972541 $42,000.00 HILL-MURRAY SCHOOL (MAPLEWOOD, MN) 2625 LARPENTEUR AVE E MAPLEWOOD MN 55109 41-0829754 $9,000.00 HOLY CROSS CATHOLIC SCHOOL (WEBSTER, MN) 6100 37TH STREET W WEBSTER MN 55088 41-0954737 $17,000.00 HOLY FAMILY ACADEMY (ST. LOUIS PARK, MN) 5925 W. LAKE ST. ST. LOUIS PARK MN 55416 41-0804986 $23,000.00 HOLY NAME OF JESUS SCHOOL (WAYZATA, MN) 155 COUNTY RD 24 WAYZATA MN 55391-9614 41-0845399 $8,000.00 HOLY SPIRIT ELEMENTARY SCHOOL (SAINT PAUL, MN) 515 S. ALBERT ST. ST. PAUL MN 55116 41-0705768 $35,000.00 HOLY TRINITY SCHOOL (SOUTH SAINT PAUL, MN) 745 - 6TH AVENUE SOUTH SOUTH ST. PAUL MN 55075-3034 41-0734737 $24,000.00 IMMACULATE CONCEPTION SCHOOL (COLUMBIA HEIGHTS, MN) 4030 JACKSON ST NE COLUMBIA HEIGHTS MN 55421 41-0703859 $86,000.00 MARY QUEEN OF PEACE (ROGERS, MN) 21201 CHURCH AVENUE ROGERS MN 55374 41-0737230 $10,000.00 MATERNITY OF MARY - SAINT ANDREW SCHOOL (ST. PAUL, MN) 592 ARLINGTON AVENUE WEST ST. PAUL MN 55117 41-1654467 $45,000.00 MOST HOLY REDEEMER SCHOOL (MONTGOMERY, MN) 205 VINE AVENUE WEST MONTGOMERY MN 56069 41-0747173 $12,000.00 NATIVITY OF MARY SCHOOL (BLOOMINGTON, MN) 9901 E. BLOOMINGTON FRWY. BLOOMINGTON MN 55420 41-0735359 $45,000.00 NATIVITY OF OUR LORD SCHOOL (SAINT PAUL, MN) 1900 STANFORD AVENUE ST. PAUL MN 55105 41-0693956 $27,000.00 NOTRE DAME ACADEMY (MINNETONKA, MN) 13505 EXCELSIOR BLVD MINNETONKA MN 55345 46-1333219 $25,000.00 OUR LADY OF GRACE CATHOLIC SCHOOL (EDINA, MN) 13505 EXCELSIOR BLVD MINNETONKA MN 55345 46-1333219 $9,000.00 OUR LADY OF PEACE SCHOOL (MINNEAPOLIS, MN) 5435 11TH AVENUE SOUTH MINNEAPOLIS MN 55417 41-1697034 $30,000.00 OUR LADY OF THE LAKE CATHOLIC SCHOOL (MOUND, MN) 2411 COMMERCE BLVD. MOUND MN 55364 41-0718339 $22,000.00 OUR LADY OF THE PRAIRIE (BELLE PLAINE, MN) 200 EAST CHURCH STREET BELLE PLAINE MN 56011 41-6027712 $5,000.00 PRESENTATION SCHOOL (MAPLEWOOD, MN) 1695 KENNARD ST. MAPLEWOOD MN 55109 41-0789390 $53,000.00 PROVIDENCE ACADEMY (PLYMOUTH, MN) 15100 SCHMIDT LAKE ROAD PLYMOUTH MN 55446 41-1883866 $34,000.00 RISEN CHRIST SCHOOL (MINNEAPOLIS, MN) 1120 EAST 37TH STREET MINNEAPOLIS MN 55407 41-1748146 $198,000.00 SACRED HEART CATHOLIC SCHOOL (ROBBINSDALE, MN) 4050 HUBBARD AVE N ROBBINSDALE MN 55422 41-0834785 $50,000.00 SAINT AGNES SCHOOL (SAINT PAUL, MN) 530 LAFOND AVENUE ST. PAUL MN 55103 41-0694737 $68,000.00 SAINT AMBROSE SCHOOL (WOODBURY, MN) 4125 WOODBURY DR. WOODBURY MN 55129 41-1905541 $26,000.00 SAINT JOHN PAUL II PREPARATORY (MINNEAPOLIS, MN) 1630 NE 4TH STREET MINNEAPOLIS MN 55413 41-0953697 $95,000.00 SAINT JOHN SCHOOL OF LITTLE CANADA (LITTLE CANADA, MN) 2621 MCMENEMY ROAD LITTLE CANADA MN 55117 41-0781158 $47,000.00 SAINT PETER CLAVER SCHOOL (SAINT PAUL, MN) 1060 WEST CENTRAL AVENUE ST. PAUL MN 55104 41-0824943 $61,000.00 SAINT ROSE OF LIMA SCHOOL (ROSEVILLE, MN) 2072 N. HAMLINE AVE. ROSEVILLE MN 55113 41-0790158 $19,000.00 SHAKOPEE AREA CATHOLIC SCHOOL (SHAKOPEE, MN) 2700 - 17TH AVE. E. SHAKOPEE MN 55379 41-0961357 $74,000.00 ST. ANNE'S SCHOOL (LE SUEUR, MN) 511 4TH STREET NO. LE SUEUR MN 56058 41-0724077 $8,000.00 ST. BARTHOLOMEW CATHOLIC SCHOOL (WAYZATA, MN) 630 WAYZATA BLVD. E. WAYZATA MN 55391 41-0711478 $8,000.00 ST. CHARLES BORROMEO SCHOOL (ST. ANTHONY, MN) 2727 STINSON BLVD NE ST. ANTHONY MN 55418 41-0706912 $39,000.00 ST. CROIX CATHOLIC SCHOOL (STILLWATER, MN) 621 THIRD STREET SOUTH STILLWATER MN 55082 41-1731931 $39,000.00 ST. DOMINIC ELEMENTARY SCHOOL (NORTHFIELD, MN) 216 NORTH SPRING STREET NORTHFIELD MN 55057 41-0711501 $27,000.00 ST. ELIZABETH ANN SETON SCHOOL (HASTINGS, MN) 600 TYLER STREET HASTINGS MN 55033 41-1587210 $16,000.00 ST. FRANCIS XAVIER SCHOOL (BUFFALO, MN) 219 19TH STREET NW BUFFALO MN 55313 41-0737223 $35,000.00 ST. HELENA SCHOOL (MINNEAPOLIS, MN) 3200 E. 44TH STREET MINNEAPOLIS MN 55406 42-0718330 $61,000.00 ST. HUBERT SCHOOL (CHANHASSEN, MN) 8201 MAIN ST CHANHASSEN MN 55317-9734 41-0789368 $14,000.00 ST. JEROME SCHOOL (MAPLEWOOD, MN) 384 ROSELAWN AVENUE EAST MAPLEWOOD MN 55117 41-0773779 $103,000.00 ST. JOHN THE BAPTIST MONTESSORI SCHOOL (EXCELSIOR, MN) 12508 LYNN AVENUE SOUTH SAVAGE MN 55378-1450 41-0791350 $14,000.00 ST. JOHN THE BAPTIST CATHOLIC SCHOOL (SAVAGE, MN) 12508 LYNN AVENUE SOUTH SAVAGE MN 55378-1450 41-0791350 $31,000.00 ST. JOHN THE BAPTIST SCHOOL (VERMILLION, MN) 215 BROADWAY STREET NORTH JORDAN MN 55352 41-0713019 $13,000.00 ST. JOHN THE BAPTIST SCHOOL (NEW BRIGHTON, MN) 845 - 2ND AVENUE NW NEW BRIGHTON MN 55112 41-0732798 $30,000.00 ST. JOHN THE BAPTIST SCHOOL (JORDAN, MN) 12508 LYNN AVENUE SOUTH SAVAGE MN 55378-1450 41-0791350 $13,000.00 ST. JOSEPH SCHOOL (WACONIA, MN) 13900 BISCAYNE AVE W ROSEMOUNT MN 55068-4934 41-0727039 $27,000.00 ST. JOSEPH SCHOOL (ROSEMOUNT, MN) 13900 BISCAYNE AVE W ROSEMOUNT MN 55068-4934 41-0727039 $34,000.00 ST. JOSEPH'S SCHOOL AND PRESCHOOL (WEST ST. PAUL, MN) 1138 SEMINOLE AVENUE WEST ST. PAUL MN 55118 41-0705875 $63,000.00 ST. JUDE OF THE LAKE CATHOLIC SCHOOL (MAHTOMEDI, MN) 600 MAHTOMEDI AVE MAHTOMEDI MN 55115 41-0764101 $16,000.00 ST. MAXIMILIAN KOLBE ACADEMY (DELANO, MN) 600 MAHTOMEDI AVE MAHTOMEDI MN 55115 41-0764101 $22,000.00 ST. MICHAEL CATHOLIC SCHOOL (SAINT MICHAEL, MN) 14 MAIN STREET NORTH ST. MICHAEL MN 55376 41-0707799 $35,000.00 ST. MICHAEL SCHOOL (PRIOR LAKE, MN) 16280 DULUTH AVE PRIOR LAKE MN 55372-9263 41-0826790 $17,000.00 ST. ODILIA SCHOOL (SHOREVIEW, MN) 3495 N. VICTORIA SHOREVIEW MN 55126 41-0837655 $22,000.00 ST. PASCAL REGIONAL CATHOLIC SCHOOL (ST. PAUL, MN) 1757 CONWAY STREET ST. PAUL MN 55106 41-0704479 $61,000.00 ST. PETER SCHOOL (NORTH SAINT PAUL, MN) 2620 MARGARET ST N NORTH ST. PAUL MN 55109 41-0830644 $50,000.00 ST. PETER'S CATHOLIC SCHOOL (FOREST LAKE, MN) 1250 SOUTH SHORE DRIVE FOREST LAKE MN 55025 41-0799304 $33,000.00 ST. RAPHAEL SCHOOL (CRYSTAL, MN) 7301 BASS LAKE RD. CRYSTAL MN 55428 41-0729961 $68,000.00 ST. STEPHEN'S CATHOLIC SCHOOL (ANOKA, MN) 506 JACKSON STREET ANOKA MN 55303 41-0713861 $26,000.00 ST. THERESE CATHOLIC SCHOOL (DEEPHAVEN, MN) 506 JACKSON STREET ANOKA MN 55303 41-0713861 $14,000.00 ST. THOMAS ACADEMY (MENDOTA HEIGHTS, MN) 949 MENDOATA HEIGHTS ROAD MENDOTA HEIGHTS MN 55120 41-6045110 $9,000.00 ST. THOMAS MORE (SAINT PAUL, MN) 1065 SUMMIT AVENUE ST. PAUL MN 55105 41-1691889 $35,000.00 ST. TIMOTHY SCHOOL (MAPLE LAKE, MN) 241 STAR STREET E MAPLE LAKE MN 55358-0281 41-0727399 $33,000.00 ST. VINCENT DE PAUL (BROOKLYN PARK, MN) 9050 93RD AVE. N. BROOKLYN PARK MN 55445 41-0849303 $35,000.00 ST. WENCESLAUS SCHOOL (NEW PRAGUE, MN) 227 EAST MAIN STREET NEW PRAGUE MN 56071 41-0695519 $20,000.00 THE VISITATION SCHOOL (MENDOTA HEIGHTS, MN) 2455 VISITATION DRIVE MENDOTA HEIGHTS MN 55120 41-0693957 $15,000.00 TRANSFIGURATION CATHOLIC SCHOOL (OAKDALE, MN) 6135 15TH ST N OAKDALE MN 55128 41-0797343 $31,000.00 WAY OF THE SHEPHERD SCHOOL (BLAINE, MN) 13200 CENTRAL AVE NORTHEAST BLAINE MN 55434 41-1916137 $16,000.00 RESERVE FUND TIMING DIFFERENCE: $62,360 |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | RICHARD R AUSTIN III | PersonNm |
| Title | PRESIDENT | TitleTxt |
| Base Compensation Filing Org | $159,753 | BaseCompensationFilingOrgAmt |
| Compensation Based On Rltd Orgs | $0 | CompensationBasedOnRltdOrgsAmt |
| Bonus Filing Organization | $15,000 | BonusFilingOrganizationAmount |
| Bonus Related Organizations | $0 | BonusRelatedOrganizationsAmt |
| Other Compensation Filing Org | $0 | OtherCompensationFilingOrgAmt |
| Other Compensation Rltd Orgs | $0 | OtherCompensationRltdOrgsAmt |
| Deferred Compensation Flng Org | $0 | DeferredCompensationFlngOrgAmt |
| Deferred Comp Rltd Orgs | $0 | DeferredCompRltdOrgsAmt |
| Nontaxable Benefits Filing Org | $3,495 | NontaxableBenefitsFilingOrgAmt |
| Nontaxable Benefits Rltd Orgs | $0 | NontaxableBenefitsRltdOrgsAmt |
| Total Compensation Filing Org | $178,248 | TotalCompensationFilingOrgAmt |
| Total Compensation Rltd Orgs | $0 | TotalCompensationRltdOrgsAmt |
| Comp Report Prior990 Filing Org | $0 | CompReportPrior990FilingOrgAmt |
| Comp Report Prior990 Rltd Orgs | $0 | CompReportPrior990RltdOrgsAmt |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 5 | ContributionCnt |
| Noncash Contributions Rpt F990 | $35,761 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | STOCK EXCHANGE | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8283 Received | 0 | Form8283ReceivedCnt |
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (1) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | 0 | ThirdPartiesUsedInd |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (8 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 2 | GREG SCHUMACHER AND SARAH SCHUMACHER HAVE A FAMILY RELATIONSHIP |
| FORM 990, PART VI, SECTION A, LINE 7A | ADDITIONAL BOARD MEMBERS ARE ELECTED BY THE AFFIRMATIVE VOTE OF THE MAJORITY OF EXISTING BOARD MEMBERS PRESENT AT A DULY HELD MEETING. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE 990 IS PREPARED BY THE ORGANIZATION'S ACCOUNTING FIRM. THE DRAFT 990 IS REVIEWED BY MANAGEMENT AND THE AUDIT WORKING GROUP. THE DRAFT IS THEN REVIEWED BY THE FINANCE COMMITTEE. A FINAL DRAFT IS ALSO PROVIDED TO THE BOARD OF DIRECTORS PRIOR TO FILING. |
| FORM 990, PART VI, SECTION B, LINE 12C | CONFLICT OF INTEREST FORMS ARE SUBMITTED ON AN ANNUAL BASIS. THE GOVERNANCE COMMITTEE REVIEWS THE CONFLICTS OF INTEREST FOR EACH BOARD MEMBER. |
| FORM 990, PART VI, SECTION B, LINE 15 | COMPENSATION OF THE PRESIDENT IS REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS BY RESEARCH AND DISCUSSION OF COMPARABILITY DATA. THE ORGANIZATION DOES NOT HAVE ANY OTHER OFFICERS OR KEY EMPLOYEES THAT ARE COMPENSATED. |
| FORM 990, PART VI, SECTION C, LINE 18 | THE STATE OF MINNESOTA, OFFICE OF THE ATTORNEY GENERAL. |
| FORM 990, PART VI, SECTION C, LINE 19 | AIM HIGHER FOUNDATION MAKES ALL GOVERNING DOCUMENTS, POLICIES, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. |
| FORM 990, PART XII, LINE 2C | THE ORGANIZATION'S PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. |
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