2012-03-23T10:48:17-05:00 2011-06-30 OLSEN THIELEN & CO LTD 2675 LONG LAKE ROAD ST PAUL MN 55113 990 2010-07-01 363567019 PHILANTHROFUND FOUNDATION PHIL 6128701806 1409 WILLOW STREET NO 109 MINNEAPOLIS MN 55403 LUPE CASTILLO 6128701806 2012-03-19 1 LINDA M NELSON 6514834521 2010 2016-02-24 21:20:13Z X LUPE CASTILLO 1409 WILLOW STREET NO 109 MINNEAPOLIS MN 55403 1537090 0 X PFUNDONLINE.ORG X 1987 MN A VITAL RESOURCE & COMMUNITY BUILDER FOR LGBT & ALLIED COMMUNITIES IN THE UPPER MIDWEST 17 17 6 100 0 0 383882 804308 3490 5015 85385 53898 8379 -15687 481136 847534 158329 167384 0 0 240895 208559 0 0 63262 103894 198435 503118 574378 -21982 273156 975392 1322415 138454 119748 836938 1202667 X 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. 0 0 476416 167384 5015 IN FISCAL YEAR 2011 PFUND FOUNDATION WORKED TOWARD ACHIEVING ITS MISSION VISION THROUGH THE FOLLOWING ACCOMPLISHMENTS. PFUND AWARDED GRANTS IN THE AMOUNT OF $97,000 TO 16 LESBIAN, GAY, BISEXUAL, TRANSGENDER NONPROFITS AND PROGRAMS IN MINNESOTA, IOWA, NORTH DAKOTA, SOUTH DAKOTA AND WISCONSIN. PFUND GRANT RECIPIENTS ARE DOING IMPORTANT WORK LIKE TRAINING HIGH SCHOOL AND COLLEGE FACULTY AND STAFF, EDUCATING AND MOBILIZING VOTERS, DEVELOPING YOUNG LEADERS, HOSTING SKILLS BUILDING CONFERENCES AND DEVELOPING THEATRICAL PRODUCTIONS. PFUND AWARDED EDUCATIONAL SCHOLARSHIPS TO 18 OUTSTANDING LGBT AND ALLIED STUDENT LEADERS IN THE AMOUNT OF $50,500. THESE YOUNG LEADERS ARE ACTIVE IN THEIR COMMUNITIES LEADING STUDENT CLUBS, EXCELLING IN THE PERFORMING ARTS AND EDUCATING THEIR PEERS ABOUT LGBT COMMUNITIES. ADDITIONALLY, THIS YEAR PFUND WAS PROUD TO HOLD THE FIRST UPPER MIDWEST REGIONAL CONVENING OF LGBT ORGANIZATIONS AND LEADERS TO SHARE STORIES AND STRATEGIES TOWARDS STRENGTHENING LGBT COMMUNITIES. PFUND ALSO RELEASED A SECOND RESEARCH REPORT AS PART OF ITS COMMITMENT TO LGBT AGING CALLED "TRAINING TO SERVE," WHICH FOCUSES ON THE AGING SERVICES SYSTEM AND RECOMMENDATIONS FOR MAKING IT MORE LGBT COMPETENT. PFUND ALSO LAUNCHED A NEW ANNUAL RECOGNITION AWARD CALLED "POWER OF PHILANTHROPY" WHICH FOCUSES ON HONORING AN INDIVIDUAL IN THE REGION WHO INSPIRES GIVING TO AND ON BEHALF OF LGBT COMMUNITIES. PFUND WAS ALSO PROUD TO OFFER HANDS ON ASSISTANCE TO OUR GRANTEES AND APPLICANTS. THROUGH COACHING WE WORKED WITH APPLICANTS TO ARTICULATE PROGRAM GOALS AND OUTCOMES TO HAVE GREATER IMPACT. PFUND ALSO LAUNCHED THE "YOU'RE NOT ALONE" VIDEO PROJECT, BUILDING ON THE SUCCESS OF THE "IT GETS BETTER" PROJECT PROFILING LOCAL LEADERS SHARING LIFE STORIES AND ANTI-BULLYING MESSAGES. 476416 1 1 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 1 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 10 0 1 6 1 0 0 0 0 0 1 1 0 0 0 0 X 17 17 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MN X X THE ORGANIZATION 6128701806 1409 WILLOW STREET 109 MINNEAPOLIS MN 55403 LUPE CASTILLO 1.00 X X 0 0 0 RODERIC SOUTHALL 1.00 X X 0 0 0 DIANE NAPPER 1.00 X X 0 0 0 JARON ROERING 1.00 X X 0 0 0 BILL BURLESON 1.00 X X 0 0 0 BILL VENNE 1.00 X X 0 0 0 SHANE SWANSON 1.00 X 0 0 0 STEPHEN BUBUL 1.00 X 0 0 0 ALICIA CORDES 1.00 X 0 0 0 JASON HOWARD 1.00 X 0 0 0 LORRIE JANATOPOULOS 1.00 X 0 0 0 DALE JOHNSON 1.00 X 0 0 0 ANNA MIN 1.00 X 0 0 0 DAWN LADASSOR 1.00 X 0 0 0 ALEX JACKSON NELSON 1.00 X 0 0 0 DEB WILLIAMS 1.00 X 0 0 0 KAYVA YANG 1.00 X 0 0 0 KATE EUBANK 1111-63011 30.00 X 0 0 0 SUSAN RAFFO 1111-63011 30.00 X 0 0 0 GREG GRINLEY 1110-83110 40.00 X 51550 0 8059 51550 0 8059 0 0 0 0 0 40228 764080 39963 804308 SCHLRSHP,OTHER MGMT FE 900099 5015 5015 5015 35003 35003 656825 637930 18895 18895 18895 35939 40228 51626 -15687 -15687 847534 5015 0 38211 116884 116884 50500 50500 63916 43008 8330 12578 116546 77851 15908 22787 13716 9776 1098 2842 14381 9557 1992 2832 4806 3511 505 790 20630 16201 1728 2701 3366 3366 28101 16495 735 10871 4867 3720 459 688 17325 11646 2270 3409 2603 2240 98 265 5222 3959 365 898 2351 1580 308 463 1984 1334 260 390 PROGRAM EXPENSE 98541 98541 MISCELLANEOUS 4772 2900 436 1436 VOLUNTEER EXPENSE 1962 1442 208 312 DUES & SUBSCRIPTIONS 1905 1905 574378 476416 34700 63262 16899 14635 89518 359370 9166 9530 4526 7085 26463 24348 4466 2115 850817 929680 975392 1322415 23430 11652 28688 8000 86336 100096 138454 119748 X -82831 -7246 55110 334551 864659 875362 836938 1202667 975392 1322415 X 273156 92573 X 0 1 1 X 0 X 559118 451210 343598 383882 804308 2542116 559118 451210 343598 383882 804308 2542116 2542116 24494 36230 51669 46263 35003 193659 2735775 157991 0.92920 0.91820 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 713807 14682 118583 48058 799014 672102 18813 71780 48888 713807 850241 14170 -145715 46594 672102 0.00000 1.00000 0.00000 0 0 26463 24348 2115 2115 FUNDS HELD FOR QUATREFOIL LIBRARY 100096 100096 847534 574378 273156 92573 92573 365729 940332 92573 225 92798 847534 0 847534 574603 225 225 574378 0 574378 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, AS AMENDED. THE ORGANIZATION IS ALSO EXEMPT FROM MINNESOTA INCOME TAXES. THE ORGANIZATION REVIEWS INCOME TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN INCOME TAX RETURNS TO DETERMINE IF THERE ARE ANY INCOME TAX UNCERTAINTIES. THIS INCLUDES POSITIONS THAT THE ENTITY IS EXEMPT FROM INCOME TAXES OR NOT SUBJECT TO INCOME TAXES ON UNRELATED BUSINESS INCOME. THE ORGANIZATION RECOGNIZES TAX BENEFITS FROM UNCERTAIN TAX POSITIONS ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITIONS WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES BASED ON THE TECHNICAL MERITS OF THE POSITIONS. THE ORGANIZATION HAS IDENTIFIED NO SIGNIFICANT INCOME TAX UNCERTAINTIES. THE ORGANIZATION'S FEDERAL INCOME TAX RETURNS ARE OPEN TO EXAMINATION FOR TAX YEARS 2008 THROUGH 2010. CABARET 76167 40228 35939 9803 6968 20236 6590 8029 76167 40228 35939 9803 6968 20236 6590 8029 51626 -15687 1 PROJECT 515 EDUCATION CAMPAIGN PO BOX 50143 MINNEAPOLIS MN 55405 203468924 501(C)(3) 10174 EDUCATION-EQUAL RIGHTS FOR SAME-SEX COUPLES AND FAMILIES SHADES OF YELLOW 379 UNIVERSITY AVENUE W 204 ST PAUL MN 55103 262854132 501(C)(3) 10000 EDUCATION/SUPPORT FOR HMONG GLBT EQUALITY LUTHERAN SOCIAL SERVICE - TOGETHER FOR YOUTH 424 W SUPERIOR ST SUITE 204 DULUTH MN 55802 410872993 501(C)(3) 7500 EDUCATION/SUPPORT FOR GLBT YOUTH RAINBOW RUMPUS PO BOX 6881 MINNEAPOLIS MN 55406 861139520 501(C)(3) 8000 GENERAL SUPPORT GRANT-GLBT WEBSITE AND PUBLICATION TEATRO DEL PUEBLO 209 W PAGE STREET SUITE 208 ST PAUL MN 55107 411739320 501(C)(3) 7000 EDUCATION/SUPPORT GRANT FOR LATINO GLBT EQUALITY SPRINGBOARD FOR THE ARTS 2751 HENNEPIN AVE S SUITE 237 MINNEAPOLIS MN 55409 411690483 501(C)(3) 7500 GENERAL SUPPORT GRANT-GLBT PROGRAMS EQUALITY SOUTH DAKOTA PO BOX 2854 SIOUX FALLS SD 57101 352302895 501(C)(4) 8000 GENERAL GRANT FOR SUPPORT OF GLBT SOUTH DAKOTANS & THEIR FAMILIES 6 1 EDUCATIONAL SCHOLARSHIPS 18 50500 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: THE SCHOLARSHIP CHECK IS MADE PAYABLE TO THE INDIVIDIUAL AND THE ACCREDITIED UNIVERSITY. THE GRANT CHECK IS MADE PAYABLE TO AN ACCREDITED 501C3 OR C4 ORGANIZATION. ALL GRANTEES AND SCHOLARSHIP WINNERS SUBMIT APPLICATIONS OUTLINING HOW THEIR QUALIFICATIONS MATCH PFUND'S CHARITABLE MISSION. X 8 29276 PUBLISHED STOCK QUOTE X AUCTION ITEMS 30 10687 EST VALUE/DONOR 0 1 0 FORM 990, PART VI, SECTION B, LINE 11 THE TREASURER AND FINANCE COMMITTEE REVIEW THE COMPLETED 990. THE EXECUTIVE COMMITTEE IS EMPOWERED TO REVIEW THE 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 990. THE 990 FORM IS THEN CIRCULATED ELECTRONICALLY TO THE FULL BOARD PRIOR TO FILING FORM 990, PART VI, SECTION B, LINE 12C 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 FOR MONITORING AND ENFORCING THE CONFLICT OF INTEREST POLICY ARE IN THE WRITTEN POLICY. FORM 990, PART VI, SECTION B, LINE 15 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; AND 6. 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, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. THE FOUNDATION'S AUDIT REPORT IS ALSO POSTED ON THE FOUNDATION'S WEBSITE, WWW.PFUNDONLINE.ORG. RESTRICTED CONTRIBUTION RECEIVED FORM 990, PART VIII, LINE 1F DONATIONS IN THE CURRENT YEAR INCLUDED A ONE-TIME GRANT THAT IS RESTRICTED FOR EXPENSES TO BE INCURRED IN A FUTURE YEAR. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 92,573.