2011-12-20T08:15:27-06:00 2011-06-30 RYAN J TERRY LTD 550 MAIN STREET - SUITE 220 ST PAUL MN 55112 990 2010-07-01 411817315 ST CROIX VALLEY FOUNDATION STCR 7153869490 516 SECOND STREET NO 214 HUDSON WI 54016 412998 7153869490 2011-12-08 1 6516363806 2010 2016-02-24 21:20:13Z JANE HETLAND STEVENSON 516 SECOND STREET SUITE 214 HUDSON WI 54016 6095475 0 X WWW.SCVFOUNDATION.ORG X 1995 MN THE MISSION OF THE ST. CROIX VALLEY COMMUNITY FOUNDATION IS TO ENHANCE THE QUALITY OF LIFE IN THE ST. CROIX VALLEY BY: ENCOURAGING CHARITABLE GIVING IN THE VALLEY - BUILDING PERMANENT FUNDS THAT WILL PROVIDE RESOURCES FOR THE NEEDS OF TODAY AND TOMORROW. CONNECTING PEOPLE AND PROGRAMS - BRINGING TOGETHER PEOPLES CHARITABLE INTERESTS AND THE FUNDING NEEDS TO PROGRAMS AND ORGANIZATIONS. FACILITATING PROGRESSIVE APPROACHES - FORMING PARTNERSHIPS AND PROVIDING SERVANT LEADERSHIP THROUGH PROGRAMS THAT ENHANCE THE QUALITY OF LIFE IN OUR REGION'S DISTINCT COMMUNITIES. 19 19 4 50 0 0 2720130 2316773 71256 108745 -45263 277195 -66130 18469 2679993 2721182 952240 1299070 0 0 281264 287323 0 0 58049 310419 213981 1543923 1800374 1136070 920808 16868669 21845694 5229578 7587726 11639091 14257968 X THE MISSION OF THE ST. CROIX VALLEY COMMUNITY FOUNDATION IS TO ENHANCE THE QUALITY OF LIFE IN THE ST. CROIX VALLEY BY: ENCOURAGING CHARITABLE GIVING IN THE VALLEY - BUILDING PERMANENT FUNDS THAT WILL PROVIDE RESOURCES FOR THE NEEDS OF TODAY AND TOMORROW. CONNECTING PEOPLE AND PROGRAMS - BRINGING TOGETHER PEOPLES CHARITABLE INTERESTS AND THE FUNDING NEEDS TO PROGRAMS AND ORGANIZATIONS. FACILITATING PROGRESSIVE APPROACHES - FORMING PARTNERSHIPS AND PROVIDING SERVANT LEADERSHIP THROUGH PROGRAMS THAT ENHANCE THE QUALITY OF LIFE IN OUR REGION'S DISTINCT COMMUNITIES. 0 0 148804 13269 SPECIAL COMMUNITY PROJECTS: FOUNDATION STAFF PARTNERS WITH OTHER ORGANIZATIONS TO DIRECTLY ADDRESS CHANGING COMMUNITY CONCERNS. THIS INCLUDES: 1) FOSTERING COMMUNITY DIALOGUE AROUND LOCAL ISSUES SUCH AS GROWTH, RURAL CHANGE, SOCIAL CAPITAL, SUSTAINABLE DEVELOPMENT AND COMMUNITY ART THROUGH REGIONAL FORUMS AND "CONVERSATIONS OF THE VALLEY", A MONTHLY PUBLIC AFFAIRS LUNCHEON; 2) PROMOTING NON PROFIT PERFORMANCE THROUGH WORKSHOPS, GRANTS AND A FUND RAISING CERTIFICATION SERIES TO STRENGTHEN MANAGEMENT AND GOVERNANCE; AND 3) CONVENING ORGANIZATIONS TO TAKE COLLECTIVE ACTION ON SPECIFIC COMMUNITY ISSUES, SUCH AS THE ART SPACE CONVENING. 80863 95476 FUND MANAGEMENT: THESE ACTIVITIES INCLUDE WORKING WITH DONORS, AGENCIES AND AFFILIATED FUNDS WHO ALREADY HAVE ESTABLISHED FUNDS WITH THE FOUNDATION AND INCLUDE TECHNICAL ASSISTANCE AND TRAINING AND EDUCATION AS WELL AS ACCOUNTING ACTIVITIES. THERE WERE 70 FUNDS MANAGED IN FISCAL YEAR 2011. 1309000 1299070 GRANTS TO ART, EDUCATION, HUMAN SERVICES, ENVIRONMENTAL, RELIGIOUS, HEALTH AND OTHER CHARITABLE ORGANIZATIONS. APPROXIMATLEY 500 GRANTS WERE GIVEN IN FISCAL YEAR 2011. 18586 PHILANTHROPIC SERVICES: THESE ACTIVITIES INCLUDE WORKING WITH DONOR PROSPECTS, WITH PROFESSIONAL FINANCIAL ADVISORS AND AGENCIES WHO WANT TO ESTABLISH A FUND WITH THE FOUNDATION. 18586 1557253 1 1 0 0 1 0 0 1 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 7 0 1 4 1 0 0 0 0 0 1 1 0 0 0 0 X 19 19 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 WI MN X X X MARGI MILLER 7153869490 516 SECOND STREET NO 214 HUDSON WI 54016 CHARLES ARNASON 2.00 X 0 0 0 C ANN BROOKMAN 2.00 X 0 0 0 CHRIS GALVIN 2.00 X X 0 0 0 DAVID PALMER 2.00 X 0 0 0 GRETCHEN BELL 2.00 X 0 0 0 GRETCHEN STEIN 2.00 X 0 0 0 JEFF HEEGAARD 2.00 X 0 0 0 DAVID WETTERGREN 2.00 X 0 0 0 ANDY KASS 2.00 X 0 0 0 JIM LUTIGER 2.00 X 0 0 0 MARK VANASSE 2.00 X 0 0 0 MARTHA HARDING 2.00 X 0 0 0 MIKE JOHNSON 2.00 X 0 0 0 NATE JACKSON 2.00 X 0 0 0 PATTY DRAXLER 2.00 X 0 0 0 SHANNON HOOLEY ENRIGHT 2.00 X 0 0 0 STEVE WILCOX 2.00 X X 0 0 0 SUZANN BROWN 2.00 X 0 0 0 WILLIAM CAMPBELL 2.00 X 0 0 0 TODD GILLINGHAM 2.00 X 0 0 0 JANE STEVENSON 40.00 X 89935 0 14060 89935 0 14060 0 0 0 0 0 2316773 641904 2316773 ADMINISTRATIVE CHARGES 525990 95476 95476 CONVERSATIONS OF THE V 900099 13269 13269 108745 296282 296282 18469 18469 18469 18469 3355206 3374293 -19087 -19087 -19087 2721182 108745 0 295664 1299070 1299070 104968 48339 40445 16184 142156 65322 54807 22027 6507 2928 2668 911 14510 6885 5398 2227 19182 8814 7396 2972 721 721 9391 9391 37123 37123 30105 7178 22927 3712 2202 1478 32 23442 9079 10377 3986 51619 24359 21624 5636 3853 2437 931 485 9851 7057 868 1926 1964 927 823 214 2409 1137 1009 263 FUND PROJECT EXPENSES 14593 14593 CONVERSATIONS OF THE VA 14357 14357 EQUIPMENT RENTAL AND MA 10012 4725 4194 1093 DUES AND SUBSCRIPTIONS 829 736 93 1800374 1557253 185072 58049 32207 29746 411 74507 2364 2480 39185 37090 1897 2095 16831790 21736866 16868669 21845694 35939 36434 111761 5193639 7439531 5229578 7587726 X -598702 -75406 1934635 2846233 10303158 11487141 11639091 14257968 16868669 21845694 X 920808 1698069 X 0 1 1 X 0 X 6071699 3277434 1392641 2720130 2316773 15778677 6071699 3277434 1392641 2720130 2316773 15778677 4182138 11596539 401367 477517 276791 282967 314751 1753393 3176 3176 17535246 457084 0.66130 0.66940 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 89 935227 554286 4865671 1 1 0 1 9580087 1183983 1789155 333917 2576 12216732 7251449 1603359 881541 152969 3293 9580087 8105662 537079 -1152804 131137 107351 7251449 1.00000 1 0 39185 37090 2095 2095 2721182 1800374 920808 1698069 1698069 2618877 4419251 1698069 1698069 2721182 0 2721182 1800374 0 1800374 0 1800374 PART IV, LINE 2B: THE FOUNDATION HAS ESTABLISHED A LIABILITY FOR FUNDS FROM DONORS WHICH THE FOUNDATION IS AN AGENT. THE FOUNDATION HAS AGREEMENTS WITH ALL ORGANIZATIONS IN WHICH IT IS ACTING AS AN AGENT. DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: THE FOUNDATIONS ENDOWMENTS CONSIST OF FUNDS ESTABLISHED TO PROVIDE PROGRAM SUPPORT SUCH AS ARTS, MUSIC, AND SCIENCE AS WELL AS GENERAL OPERATIONS. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: PART X, LINE 2: THE FOUNDATION IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER SEC 501(C)(3) OF THE INTERNAL REVENUE CODE. U.S. GAAP REQUIRES MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE FOUNDATION AND RECOGNIZE A TAX LIABILITY IF THE FOUNDATION HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE INTERNAL REVENUE SERVICE. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE FOUNDATION AND HAS CONCLUDED THAT AS OF JUNE 30, 2011, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE FOUNDATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. THE FOUNDATION BELIEVES IT IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR YEARS PRIOR TO 2008. 1 ARCOLA MILLS HISTORIC FOUNDATION PO BOX 313 STILLWATER MN 55082 411724662 501 (3)(C) 50000 GENERAL OPERATING CROIXDALE 2845 HAMLINE AVENUE NORTH ROSEVILLE MN 55113 410843106 501 (3)(C) 66005 TO FUND RENT AND CARE NEEDS FOR THOSE UNABLE TO AFFORD STANDARD CHARGES FAMILY PATHWAYS 1575 FIRST AVE EEAST CAMBRIDGE MN 55008 411332828 501 (3)(C) 9561 GENERAL OPERATING FIRST CONGREGATIONAL UNITED CHURCH OF CHRIST 110 NORTH THIRD STREET RIVER FALLS WI 54022 396064207 501 (3)(C) 7500 GENERAL OPERATING HILL MURRAY SCHOOL 2625 LARPENTEUR AVE EAST ST PAUL MN 55109 410829754 501 (3)(C) 20000 JOHNSON FAMILY SCHOLARSHIP FUND HOPE ACADEMY 2300 CHICAGO AVENUE SOUTH MINNEAPOLIS MN 55404 411962874 501 (3)(C) 5800 STUDENT SCHOLARSHIPS HSI 7066 STILLWATER BOULEVARD NO OAKDALE MN 55128 410955577 501 (3)(C) 13410 SOFTWARE PURCHASE JOSHUA CHARITABLE FOUNDATION 4848 TRAMWAY RIDGE NE SUITE 120 ALBUQUERQUE NM 87111 850394683 501 (3)(C) 62500 GENERAL OPERATIONS, CHILDREN'S SERVICES, SUBSTANCE ABUSE LAKEVIEW FOUNDATION 927 CHURCHILL STREET STILLWATER MN 55082 411386635 501 (3)(C) 16800 HALF TO GENERAL OPERATING, HALF TO LAKEVIEW HOSPICE MDA 7401 METRO BOULEVARD SUITE 300 EDINA MN 55439 131665552 501 (3)(C) 20000 GENERAL PURPOSES PLANNED PARENTHOOD OF MINNESOTA NORTH DAKOTA AND SOUTH DAKOTA 1200 LAGOON AVENUE MINNEAPOLIS MN 55402 411709702 501 (3)(C) 7500 CAPITAL CAMPAIGN SALVATION ARMYST PAUL CITADEL CORPS 401 WEST 7TH STREET ST PAUL MN 55102 410698597 501 (3)(C) 13750 YOUTH PROGRAMMING EXPENSES ST ANDREW'S LUTHERAN CHURCH 900 STILLWATER ROAD MAHTOMEDI MN 55115 410880458 501 (3)(C) 9000 GENERAL OPERATING OR PROJECT OR SPECIAL MISSIONS WHERE NEEDED ST CROIX RIVER ASSOCIATION PO BOX 655 ST CROIX FALLS WI 54024 263025933 501 (3)(C) 152261 DEVOLOPMENT DIRECTOR FOR THE ST. CROIX RIVER ASSOCIATION ST PAUL LUTHERAN CHURCH 609 SOUTH 5TH STREET STILLWATER MN 55082 410988378 501 (3)(C) 20000 GENERAL OPERATING EXPENSES THE RETREAT 1221 WAYZATA BLVD EAST WAYZATA MN 55391 411701950 501 (3)(C) 20000 GENERAL OPERATING U S GEOLOGICAL SURVEY 8505 RESEARCH WAY MIDDLETON WI 53562 530196958 501 (3)(C) 11428 TO OPERATE THE STREAM FLOW & TEMPERATURE MONITORING GAGE (USGS SITE ID 05331833) ON THE NAMEKAGON RIVER AT LEONARDS, WI FOR ONE YEAR UNITED WAY OF WASHINGTON COUNTY - EAST P O BOX 305 STILLWATER MN 55082 410855267 501 (3)(C) 7000 GENERAL OPERATIONS XCEL ENERGY 16048 ELECTRIC AVENUE HAYWARD WI 54843 390508315 501 (3)(C) 256930 REMOVE ELECTRIC DISTRIBUTION LINES FROM VIEW OF THE NAMEKAGON RIVER TO MITIGATE IMPACT OF ARROWHEAD TO WESTON LINE YOUNG LIFE ST CROIX VALLEY 1151 PARKWOOD LANE STILLWATER MN 55082 840385934 501 (3)(C) 21003 GENERAL OPERATIONS HUDSON DAYBREAK ROTARY PO BOX 48 HUDSON WI 54016 391692800 501 (3)(C) 6700 GENERAL OPERATING DAKOTA COUNTY TECHNICAL COLLEGE 1300 145TH STREET EAST ROSEMOUNT MN 55068 411488605 501 (3)(C) 10000 SCHOLARSHIP FOR JOSHUA ROBERT KIRSCH FAMILY RESOURCE CENTER ST CROIX VALLEY INC 857 MAIN STREET BALDWIN WI 54002 391943404 501 (3)(C) 8500 HUDSON PLAY AND LEARN GROUP HOPE LUTHERAN CHURCH P O BOX 287 RIVER FALLS WI 54022 721603482 501 (3)(C) 10220 OPERATIONS HUDSON HOSPITAL 405 STAGELINE ROAD HUDSON WI 54016 390804125 501 (3)(C) 7500 ST. CROIX COUNTY CHIP HEALTH & WELLNESS YOUTH PROGRAM HUDSON HOSPITAL FOUNDATION 405 STAGELINE ROAD HUDSON WI 54016 391279567 501 (3)(C) 8000 HUDSON HIGH SCHOOL SCHOLARSHIP PROGRAM DISTRIBUTION - NORTHERN STAR COUNCILBSA 393 MARSHALL AVENUE ST PAUL MN 55102 203000282 501 (3)(C) 5300 CAPITAL CAMPAIGN UNITED WAY ST CROIX VALLEY 516 SECOND ST SUITE 214B HUDSON WI 54016 391372545 501 (3)(C) 12460 $2,614 WAS DONOR DESIGNATED FOR THE UNITED WAY OF POLK COUNTY, $9,846 WAS GENEARL OPERATIONS UNIV OF MN -DULUTH 1049 UNIVERSITY DRIVE DULUTH MN 55812 411406587 501 (3)(C) 7000 SCHOLARSHIPS UNIVERSITY OF ST THOMAS 2115 SUMMIT AVENUE ST PAUL MN 55105 410693970 501 (3)(C) 7750 SCHOLARSHIPS WINONA STATE UNIVERSITY P O BOX 5838 WINONA MN 55987 411687554 501 (3)(C) 7000 SCHOLARSHIPS PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: STAFF PERFORMS DUE DILIGENCE TO CONFIRM THAT GRANT RECIPIENTS ARE 501(C)(3) ORGANIZATIONS. THEY ARE REVIEWED BY THE GRANTS ADMINISTRATOR, THE PRESIDENT AND THE ACCOUNTANT. WITH COMPETITIVE GRANTS, FINAL REPORTS ARE REQUIRED FROM THE RECIPIENTS TO EXPLAIN HOW THE GRANT FUNDS WERE SPENT AND THE RESULTS ACHIEVED WITH THE GRANTS. STAFF FOLLOW UP WITH ALL COMPETITIVE GRANT RECIPIENTS TO GET THESE REPORTS. X 40 641904 0 0 1 THIRD PARTY USE: PART I, LINE 32B: ALL STOCK DONATIONS ARE RECEIVED IN AN FOUNDATION INVESTMENT ACCOUNT ADMINISTERED BY A THIRD PARTY. ALL STOCK DONATIONS ARE SOLD UPON RECEIPT. FORM 990, PART VI, SECTION B, LINE 11 THE 990 RETURN IS PRESENTED TO THE BOARD OF DIRECTORS AND OUR TREASURER. THE BOARD OF DIRECTORS REVIEWS AND APPROVES THE FORM 990. FORM 990, PART VI, SECTION B, LINE 12C THE POLICY IS REVEIWED AND DISCUSSED ANNUALLY BEFORE THE BOARD MEMBERS SIGN THE CONFLICT OF INTEREST FORM AND DISCLOSE ANY CONFLICTS THEY MAY HAVE. CONFLICTS, IF ANY, ARE MONITORED BY MANAGEMENT THROUGHOUT THE YEAR. FORM 990, PART VI, SECTION B, LINE 15 THE FOUNDATION BOARD PERIODICALLY REVIEWS THE JOB DESCRIPTION OF THE PRESIDENT AND EVALUATES HIS/HER PERFORMANCE ON A REGULAR BASIS. COMPENSATION OF THE PRESIDENT IS SET AND APPROVED BY THE FULL BOARD, THE EXECUTIVE OR THE AUDIT COMMITTEE. NO BOARD OR COMMITTEE MEMBERS WILL TAKE PART IN SETTING THE COMPENSATION OF THE PRESIDENT IF THEY HAVE ANY CONFLICT OF INTEREST. THE PRESIDENT WILL NOT BE PRESENT DURING THE DISCUSSION OF COMPENSATION. THE RESPONSIBLE COMMITTEE WILL REPORT FULLY TO THE ENTIRE BOARD. THE EXCESS BENEFIT TRANSACTION RULES (I.E. BASING THE DECISION ON COMPARABLE DATA READILY AVAILABLE TO THE BOARD COMMITTEE AND RECORDING THE PROCESS AND DECISIONS IN THE MINUTES), CREATE A PRESUMPTION OF REASONABLENESS FOR COMPENSATION. THE RESPONSIBLE COMMITTEE MAY USE COMPENSATION SURVEYS BY INDEPENDENT CONSULTANTS, COMPENSATION PACKAGES OFFERED AT SIMILARLY SIZED FOUNDATIONS, AND WRITTEN OFFERS FROM SIMILAR INSTITUTIONS COMPETING FOR THE SERVICES OF THE PRESIDENT. THE RESPONSIBLE COMMITTEE WILL DOCUMENT THE BASIS FOR ITS DETERMINATIONS OF THE COMPENSATION PACKAGE, WITH THE IMPLEMENTATION OF THE DETERMINATION (WITHIN 60 DAYS OF THE DECISION, OR THE NEXT MEETING OF THE FULL BOARD OF DIRECTORS, WHICHEVER IS LATER). THE DOCUMENTATION WILL INCLUDE: - THE TERMS OF THE TRANSACTION AND THE DATE IT WAS APPROVED. - THE MEMBERS OF THE COMMITTEE WHO DISCUSSED THE COMPENSATION AND THE NAMES OF THE MEMBERS WHO APPROVED IT. - THE COMPARABILITY DATA USED, AND HOW IT WAS OBTAINED. - THE ACTION TAKEN TO CONSIDER THOSE WHO HAD A CONFLICT OF INTEREST WITH RESPECT TO THE DECISION ON THE COMPENSATION PACKAGE. FORM 990, PART VI, SECTION C, LINE 19 THE FOUNDATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 1,698,069.