2011-06-03T14:13:53-05:00 2010-12-31 LARSONALLEN LLP 220 SOUTH SIXTH STREET SUITE 300 MINNEAPOLIS MN 55402 990 2010-01-01 363579536 LIBRARY FOUNDATION OF HENNEPIN COUNTY LIBR 6125438100 300 NICOLLET MALL MINNEAPOLIS MN 55401 STU WILSON 6125438100 2011-05-26 1 XIAOYAN LUO 6123764500 2010 2016-02-24 21:20:13Z STU WILSON 300 NICOLLET MALL MINNEAPOLIS MN 55401 1428386 0 X WWW.SUPPORTHCLIB.ORG X 1986 MN TO PROMOTE THE DEVELOPMENT AND IMPROVE THE SERVICE CAPABILITIES OF THE HENNEPIN COUNTY LIBRARY. 30 30 8 140 0 0 1465966 997494 165475 213794 52809 18536 -4422 -7084 1679828 1222740 782711 410594 0 0 462556 476018 0 0 201542 407689 400823 1652956 1287435 26872 -64695 2530218 2531421 195333 133604 2334885 2397817 X TO ENRICH THE SERVICES, RESOURCES AND CAPABILITIES OF THE HENNEPIN COUNTY LIBRARY. 1 0 475848 410594 0 LIBRARY SUPPORT:LIBRARY SUPPORT PROVIDES ADDITIONAL BOOKS, COLLECTIONS, MATERIALS, RESOURCES AND SERVICES TO THE HENNEPIN COUNTY LIBRARY SYSTEM. THIS PROGRAM ALSO SEEKS TO PROMOTE LITERACY AND ENCOURAGE ACCESS TO LIBRARY SERVICES BY DEVELOPING AND FUNDING READING PROGRAMS WITHIN THE LIBRARY SYSTEM. FUNDING IS SECURED THROUGH PRIVATE CONTRIBUTIONS, FOUNDATION GRANTS, AND CORPORATE GIVING. 258571 0 213794 PEN PALS AUTHOR SERIES:PEN PALS IS AN AWARD-WINNING LECTURE SERIES FEATURING AUTHORS FROM AROUND THE COUNTRY. READERS ARE GIVEN THE OPPORTUNITY TO BECOME MORE FAMILIAR WITH BOTH THE AUTHORS' WORKS AND THEIR DAY TO DAY LIVES. WHEN FULLY SPONSORED, THIS LECTURE SERIES GENERATES INCOME SUPPORTING THE ORGANIZATION'S MISSION. FORTY FOUR INDIVIDUALS VOLUNTEERED AT 10 EVENTS, CONTRIBUTING 500 HOURS TO ASSIST STAFF WITH THE PROGRAM. 183545 0 0 PROGRAMS AND PUBLIC AWARENESS:TALK OF THE STACKS IS A READING SERIES WHICH EXPLORES CONTEMPORARY LITERATURE AND CULTURE. ONE THOUSAND SEVEN HUNDRED INDIVDUALS ATTENDED FOURTEEN PROGRAMS AT NO COST DURING THE YEAR. SIX VOLUNTEERS CONTRIBUTED 52 HOURS TO ASSIST STAFF WITH THE SERIES.PEOPLE'S UNIVERSITY OFFERS FREE CLASSES AND LECTURES TAUGHT BY DISTINGUISHED PROFESSORS AND CULTURAL EXPERTS. TWO THOUSAND FOUR HUNDRED INDIVDUALS ATTENDED 13 PROGRAMS AT NO COST DURING THE YEAR. ELEVEN VOLUNTEERS ASSISTED STAFF AT 15 OTHER FREE PUBLIC PROGRAMS AND LIBRARY AWARENESS EVENTS WHICH 1,715 PEOPLE ATTENDED. 46597 0 0 BOOKSTORE:THE FOUNDATION OPERATES TWO USED BOOKSTORES. THE BOOKSTORE 'RECYCLES' RETIRED LIBRARY MATERIALS AS WELL AS BOOKS DONATED BY THE PUBLIC AT VERY REASONABLE PRICES TO THE COMMUNITY. THE STORES ARE STAFFED BY A STORE MANAGER AND ASSISTANT MANAGER WITH THE HELP OF 41 VOLUNTEERS, WHO CONTRIBUTED 3,555 HOURS. 46597 964561 1 1 0 0 0 0 0 0 1 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 19 0 1 8 1 0 0 0 0 0 0 0 0 0 0 X 30 30 0 0 1 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 MN X X LINDA K MERRITT 6125438100 300 NICOLLET MALL MINNEAPOLIS MN 55401 DANIEL H SPILLER 1.00 X X 0 0 0 LYNN CARLSON SCHELL 1.00 X X 0 0 0 JOHN HAITKAMP 1.00 X X 0 0 0 SUE BUSCH NEHRING 1.00 X X 0 0 0 RICK BLISS 1.00 X 0 0 0 EILEEN DAY 1.00 X 0 0 0 HOLLY DENIS 1.00 X 0 0 0 CHRIS FISCHBACH 1.00 X 0 0 0 G BRYAN FLEMING 1.00 X 0 0 0 PAM GAGNON 1.00 X 0 0 0 JONATHAN GAW 1.00 X 0 0 0 KATHY GRAVES 1.00 X 0 0 0 COURTNEY GRIMSRUD 1.00 X 0 0 0 TOM GROSSMAN 1.00 X 0 0 0 HOLLY GUNCHEON 1.00 X 0 0 0 BARBARA HAUGEN 1.00 X 0 0 0 STEPHEN KELLEHER 1.00 X 0 0 0 MARY PAT LADNER 1.00 X 0 0 0 LAURA LANGER 1.00 X 0 0 0 RUSS LEMKER 1.00 X 0 0 0 WILLIAM LEVIN 1.00 X 0 0 0 HILARY MARDEN-RESNIK 1.00 X 0 0 0 CHRISTINA MELLOH 1.00 X 0 0 0 VELIA MELROSE 1.00 X 0 0 0 GLENN MILLER 1.00 X 0 0 0 ANN PHILLIPS 1.00 X 0 0 0 DAVID PRATT 1.00 X 0 0 0 BILL ROHLF 1.00 X 0 0 0 JENNY SKINNER 1.00 X 0 0 0 WES SKOGLUND 1.00 X 0 0 0 GREG WEYANDT 1.00 X 0 0 0 LISA WHITEHILL 1.00 X 0 0 0 MARGARET WUNDERLICH 1.00 X 0 0 0 STU WILSON 40.00 X 95000 0 9225 RACHEL FULKERSON 40.00 X 56509 0 9610 LYNN DEVORE 40.00 X 56406 0 1222 DAWN FLINSCH 40.00 X 47791 0 8024 LINDA K MERRITT 40.00 X 42583 0 8816 95000 0 9225 0 0 0 0 0 23425 974069 134952 997494 PROGRAM REVENUE 711130 213794 213794 213794 9222 9222 79739 69258 1167 10481 -1167 9314 9314 128137 135221 -7084 -7084 1222740 213794 0 11452 410594 410594 104226 104226 304341 137045 59807 107489 5951 2396 1492 2063 33161 15257 7515 10389 28339 16770 3798 7771 19596 19596 18352 6102 12250 15869 11567 4302 180910 127783 4751 48376 11017 8754 1808 455 8312 1719 5805 788 798 798 2312 2312 PROGRAM LOGISTICS 139473 120124 331 19018 DUES AND SUBSCRIPTIONS 4045 2224 930 891 MISCELLANEOUS 139 139 1287435 964561 121332 201542 449031 204439 65409 213550 141343 117338 6676 54988 51825 18921 20582 8521 7556 2930 965 1657707 1868647 139889 47399 2530218 2531421 16543 17280 81197 116324 97593 0 195333 133604 X 1557902 1526700 248133 329147 528850 541970 2334885 2397817 2530218 2531421 X -64695 127627 X 0 1 1 X 0 X 328451 450525 612827 1465966 997494 3855263 328451 450525 612827 1465966 997494 3855263 165370 3689893 20044 23511 19425 28079 9222 100281 1369 1369 3956913 1142472 0.93250 0.90820 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER REVENUE RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 991617 13120 181090 12544 1173283 1007652 13119 22208 51362 991617 504117 490108 13427 1007652 0.44730 0.49180 0.06090 0 0 8521 7556 965 965 1222740 1287435 -64695 121728 5899 127627 62932 1695730 121728 208975 142287 472990 1222740 0 1222740 1632798 208975 136388 345363 1287435 0 1287435 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: ENDOWMENT FUNDS ARE TO BE USED TO ENHANCE THE HENNEPIN COUNTY LIBRARY COLLECTIONS AND PROGRAMS. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE FOUNDATION FOLLOWS GUIDANCE REGARDING THE RECOGNITION OF UNCERTAIN TAX POSITIONS. THIS GUIDANCE PRESCRIBES A RECOGNITION THRESHOLD FOR THE FINANCIAL STATEMENT RECOGNITION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN ON A TAX RETURN THAT ARE NOT CERTAIN TO BE REALIZED. THE FOUNDATION'S TAX RETURNS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL AND STATE AUTHORITIES. THE TAX RETURNS FOR THE YEARS 2007 THROUGH 2010 ARE OPEN TO EXAMINATION BY FEDERAL AND STATE AUTHORITIES. PART XI, LINE 8 - OTHER ADJUSTMENTS: CHANGE IN ANNUITY TRUST VALUE 5,899. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 135,221. CHANGE IN ANNUITY TRUST VALUE 5,899. DISPOSAL OF FIXED ASSETS 1,167. PART XIII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 135,221. DISPOSAL OF FIXED ASSETS 1,167. 1 HENNEPIN COUNTY LIBRARY 12601 RIDGEDALE DRIVE MINNETONKA MN 55305 416005801 501(C)(3) 410594 N/A N/A GENERAL OPERATING SUPPORT 1 0 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: THE FOUNDATION STAFF WORKS CLOSELY WITH THE HENNEPIN COUNTY LIBRARY STAFF TO SEEK PRIVATE FUNDING TO ENHANCE COLLECTIONS AND PROGRAMS NOT FULLY FUNDED THROUGH PUBLIC REVENUE STREAMS. LIBRARY AND FOUNDATION STAFF WORK TOGETHER TO DOCUMENT AND REPORT ON THE EXPENDITURE OF THESE PRIVATELY SECURED GRANT FUNDS. X 104762 ESTIMATED $1/BOOK X 14 30190 FMV 0 0 1 1 THIRD PARTY USE: PART I, LINE 32B: FUND FINDERS SELLS UNUSUAL BOOKS ONLINE ON THE ORGANIZATION'S BEHALF. NEW PROGRAM SERVICES FORM 990, PART III, LINE 2 LIBRARY FOUNDATION OF HENNEPIN COUNTY HAS BEGUN ORGANIZING LOCAL FRIENDS OF LIBRARIES GROUPS TO FURTHER ENHANCE OUR ABILITY TO SUPPORT THE HENNEPIN COUNTY LIBRARY - WHICH HAS 41 BRANCH LIBRARIES SYSTEM-WIDE. FORM 990, PART VI, SECTION A, LINE 1 THE CHARTER OF THE EXECUTIVE COMMITTEE IS TO PROVIDE OVERALL LEADERSHIP AND DIRECTION FOR THE ORGANIZATION, ENSURE THAT THE BOARD OF DIRECTORS FULFILLS ITS GOVERNANCE FUNCTION, AND SUPPORTS THE EXECUTIVE DIRECTOR. BETWEEN REGULARLY SCHEDULED MEETINGS OF THE BOARD, THE EXECUTIVE COMMITTEE IS EMPOWERED TO ACT AND MAKE DECISIONS FOR THE ORGANIZATION REGARDING MOST DAY-TO-DAY OPERATIONS. THE COMMITTEE WILL CONCERN ITSELF WITH INSURING THAT THE BOARD STRUCTURE ENABLES THE BOARD TO CARRY OUT ITS FIDUCIARY RESPONSIBILITIES BY LEADING EFFORTS TO ESTABLISH AND REVIEW STRATEGIC PLANS, ORGANIZING AND COORDINATING THE WORK OF COMMITTEES, RECRUITING AND ORIENTING NEW BOARD MEMBERS AND DESIGNING SELF-EVALUATION SYSTEMS FOR THE BOARD. THE EXECUTIVE COMMITTEE WILL CARRY OUT AND REPORT TO THE BOARD A YEARLY EVALUATION OF THE EXECUTIVE DIRECTOR. THE EXECUTIVE COMMITTEE IS COMPRISED OF THE FOLLOWING PEOPLE: DANIEL SPILLER, PRESIDENT LYNN CARLSON SCHELL, VICE PRESIDENT JOHN HEITKAMP, TREASURER SUE BUSCH NEHRING, SECRETARY LAURA LANGER, PUBLIC AWARENESS COMMITTEE CHAIR BILL LEVIN, DEVELOPMENT COMMITTEE CHAIR PAM GAGNON, PAST PRESIDENT GLENN MILLER, PAST PRESIDENT KATHY GRAVES, AT-LARGE VELIA MELROSE, AT-LARGE LOIS LANGER THOMPSON, LIBRARY DIRECTOR - EX-OFFICIO STU WILSON, EXECUTIVE DIRECTOR - EX-OFFICIO FORM 990, PART VI, SECTION A, LINE 4 THE ORGANIZATION UPDATED ITS BYLAWS TO ACCOMODATE THREE NEW MEMBERS OF THE BOARD OF DIRECTORS. THESE MEMBERS REPRESENT FRIENDS ORGANIZATIONS AND ARE CURRENT MEMBERS OF A LOCAL HENNEPIN COUNTY LIBRARY FRIENDS ORGANIZATION. DIRECTORS HOLDING THESE POSITIONS HAVE ALL OF THE SAME RIGHTS AND PRIVILEGES, AND ARE SUBJECT TO THE SAME RULES AND REGULATIONS, AS ALL OTHER DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11 THE FINANCE COMMITTEE REVIEWS THE FORM 990 FOR ACCURACY AND COMPLETENESS, THEN FORWARDS FOR APPROVAL OF THE FULL BOARD PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION'S CONFLICT OF INTEREST POLICY COVERS DIRECTORS, STAFF OR FAMILY MEMBERS OF DIRECTORS AND STAFF. EACH RESPONSIBLE PERSON SHALL ANNUALLY COMPLETE A DISCLOSURE FORM IDENTIFYING ANY RELATIONSHIPS, POSITIONS OR CIRCUMSTANCES IN WHICH THE RESPONSIBLE PERSON IS INVOLVED THAT HE OR SHE BELIEVES COULD CONTRIBUTE TO A CONFLICT OF INTEREST ARISING. SUCH RELATIONSHIPS, POSITIONS OR CIRCUMSTANCES MIGHT INCLUDE SERVICE AS A DIRECTOR OF OR CONSULTANT TO A NONPROFIT ORGANIZATION, OR OWNERSHIP OF A BUSINESS THAT MIGHT PROVIDE GOODS OR SERVICES TO THE LIBRARY FOUNDATION OF HENNEPIN COUNTY. ANY SUCH INFORMATION REGARDING BUSINESS INTERESTS OF A RESPONSIBLE PERSON OR A FAMILY MEMBER SHALL BE TREATED AS CONFIDENTIAL AND SHALL GENERALLY BE MADE AVAILABLE ONLY TO THE CHAIR, THE PRESIDENT, AND ANY COMMITTEE APPOINTED TO ADDRESS CONFLICTS OF INTEREST, EXCEPT TO THE EXTENT ADDITIONAL DISCLOSURE IS NECESSARY IN CONNECTION WITH THE IMPLEMENTATION OF THIS POLICY. PERSONS WHO HAVE A CONFLICT OF INTEREST MAY NOT PARTICIPATE IN THE DISCUSSION OR VOTE ON DECISIONS THAT MAY HAVE AN IMPACT ON THE SUBJECT OF THE CONFLICT. THE MEETING MINUTES DOCUMENT ANY INDIVIDUAL EXCUSED FROM A A MEETING, DISCUSSION OR VOTE DUE TO A POTENTIAL CONFLICT. THIS POLICY SHALL BE REVIEWED ANNUALLY BY EACH MEMBER OF THE BOARD OF DIRECTORS. ANY CHANGES TO THE POLICY SHALL BE COMMUNICATED IMMEDIATELY TO ALL RESPONSIBLE PERSONS. FORM 990, PART VI, SECTION B, LINE 15A THE FULL BOARD PARTICIPATES IN THE EXECUTIVE DIRECTOR'S ANNUAL REVIEW. THE EXECUTIVE DIRECTOR SUBMITS A WRITTEN ASSESSMENT TO THE BOARD CHAIR AND MEMBERS OF THE EXECUTIVE COMMITTEE. THE COMMITTEE MEMBERS SUBMIT THEIR EVALUATIONS BASED ON TWO ASSESSMENT INSTRUMENTS: (A) A NUMERICAL "SKILLS ASSESSMENT" FORM COMPRISING SIX AREAS (LEADERSHIP, FUND DEVELOPMENT, PROGRAMS AND ACTIVITIES, ADMINISTRATIVE MANAGEMENT, FISCAL MANAGEMENT, AND BOARD RELATIONSHIPS), AND (B) A SET OF SIX QUESTIONS INVITING THEIR WRITTEN RESPONSES RELATING TO THE EXECUTIVE DIRECTOR'S ACHIEVEMENTS AND SOLICITING THEIR SUGGESTIONS FOR ENHANCING THE EXECUTIVE DIRECTOR'S PERFORMANCE IN THE COMING YEAR. MEMBERS OF THE BOARD ARE ALSO PROVIDED THE SECOND INSTRUMENT. EVERY OTHER YEAR OR SO, THE STAFF ARE SURVEYED AND SUGGESTIONS MAY BE USED BY THE BOARD FOR INFORMAL FEEDBACK THE EXECUTIVE DIRECTOR. BASED ON COMMENTS AND SURVEY RESULTS, THE CHAIR WRITES AND SUBMITS A DRAFT PERFORMANCE SUMMARY TO THE EXECUTIVE COMMITTEE. AFTER COMMITTEE REVIEW, A FORMAL PERFORMANCE SUMMARY IS FORWARDED TO THE EXECUTIVE DIRECTOR AND ALSO PLACED IN THE EXECUTIVE DIRECTOR'S PERSONNEL FILE. THE EXECUTIVE DIRECTOR AND BOARD CHAIR MEET IN PERSON TO DISCUSS THE REVIEW. THE EXECUTIVE DIRECTOR MAY MAKE A WRITTEN RESPONSE TO THE REVIEW WHICH IS ALSO PLACED IN THE PERSONNEL FILE. THE 2010 REVIEW HAS JUST BEEN COMPLETED IN THE SPRING OF 2011 FOR THE EXECUTIVE DIRECTOR, S. WILSON. THE EXECUTIVE DIRECTOR PERFORMS AN ANNUAL REVIEW FOR ALL KEY STAFF. THE DESIGN OF THE EVALUATION MAY CHANGE ANNUALLY AND MAY OR MAY NOT INCLUDE REVIEW AND APPROVAL BY INDEPENDENT PERSONS, COMPARABILITY DATA, AND CONTEMPORANEOUS SUBSTANTIATION OF THE DELIBERATION AND DECISION. STAFF MERITS ARE APPROVED ON AN ANNUAL BASIS DURING THE BUDGETING PROCESS. THE PROCESS WAS LAST UNDERTAKEN IN 2009. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION SUBMITS ANNUAL REPORTS TO THE MINNESOTA OFFICE OF THE ATTORNEY GENERAL AND THE CHARITIES REVIEW COUNCIL. THESE REPORTS ARE MADE AVAILABLE TO THE PUBLIC THROUGH THEIR OFFICES AND WEBSITES. ADDITIONALLY, THE ORGANIZATION PRODUCES AN ANNUAL REPORT WHICH DISCLOSES THE OPERATIONS OF THE FISCAL YEAR. THE ORGANIZATION MAKES AVAILABLE TO THE PUBLIC COPIES OF OUR ANNUAL AUDITED FINANCIAL STATEMENTS, TAX FILINGS, CONFLICT OF INTEREST POLICY, AND OTHER GOVERNING DOCUMENTS UPON REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 121,728. CHANGE IN ANNUITY TRUST VALUE 5,899. TOTAL TO FORM 990, PART XI, LINE 5: 127,627.