2011-08-12T13:06:10-05:00 2010-12-31 MEULEBROECK TAUBERT & CO PLLP 109 S FREEMAN AVE LUVERNE MN 561560685 990 2010-01-01 411512905 LUVERNE AREA COMMUNITY FOUNDATION LUVE 5072276572 PO BOX 623 LUVERNE MN 561560623 BARB BERGHORST 5072276572 2011-08-05 true DAVID FRIEDRICHSEN 5072834055 2011-08-11 2010 2016-02-24 21:20:13Z MARILYN BLOEMENDAAL 808 S KNISS AVE LUVERNE MN 56156 406771 false X LUVACF.ORG X MN LUVERNE AREA COMMUNITY FOUNDATION IS A PUBLICLY SUPPORTED COMMUNITY FOUNDATION THAT ATTRACTS, MANAGES, AND DISTRIBUTES CHARITABLE CONTRIBUTIONS AND GRANTS TO ITS PRIMARY SERVICE AREA, ROCK COUNTY, MINNESOTA, WHICH HAS A POPULATION OF APPROXIMATELY 10,000. 11 11 1 0 709327 316648 0 -84901 27729 0 624426 344377 366220 248856 0 31529 22194 0 0 46989 95278 444738 366328 179688 -21951 1588308 1701504 894 1005 1587414 1700499 X LUVERNE AREA COMMUNITY FOUNDATION IS A PUBLICLY SUPPORTED COMMUNITY FOUNDATION THAT ATTRACTS, MANAGES, AND DISTRIBUTES CHARITABLE CONTRIBUTIONS AND GRANTS TO ITS PRIMARY SERVICE AREA, ROCK COUNTY, MINNESOTA, WHICH HAS A POPULATION OF APPROXIMATELY 10,000. false false 327589 248856 276056 LUVERNE AREA COMMUNITY FOUNDATION'S PRIMARY ACTIVITY IS GRANT MAKING AIMED AT IMPROVING THE QUALITY OF LIFE IN LACF'S SERVICE AREA. IN 2010 OF THE MORE THAN 20 GRANTS MADE, MOST WERE COMPETITIVELY AWARDED TO ORGANIZATIONS THAT SOUGHT TO SERVICE AREAS PRESSING NEEDS AND OPPORTUNITIES. IN ALL MORE THAN 10 CHARITABLE ORGANIZATIONS RECEIVED SUPPORT FROM LACF AND INCLUDED THE ARTS AND HUMANITIES, COMMUNITY DEVELOPMENT, EDUCATION, HEALTH AND WELLNESS, HUMAN SERVICES, RELIGION AND YOUTH. SOME ORGANIZATIONS ARE ELIGIBLE FOR ANNUAL DISTRIBUTIONS FROM DESIGNATED/AGENCY ENDOWMENTS. 327589 true true false false false true false false false true false false false false false false true false false false false false false false false false false true false false false false false false false false false false false false false false false false false false false false true 1 0 false 1 true false false false false false false false false false false false false X 11 11 false false false false false false false true true false false false false false false true true false X X PEGGY ADAMS 5072276572 1294 141ST ST LUVERNE MN 56156 X EMILY CRABTREE 1.00 X 0 0 0 MICHELE VAN DYKE 1.00 X 0 0 0 JEFF HARTQUIST 1.00 X 0 0 0 DOUG EISMA 1.00 X 0 0 0 BEN VANDER KOOI 1.00 X 0 0 0 GREG BURGER 1.00 X 0 0 0 DONALD KLOSTERBUER 1.00 X 0 0 0 MARILYN BLOEMENDAAL 1.00 X 0 0 0 KAREN RADISEWITZ 1.00 X 0 0 0 STEVE PERKINS 1.00 X 0 0 0 false false false 316648 316648 32399 32399 57724 62394 -4670 -4670 -4670 344377 27729 248856 248856 20332 20332 177 177 1685 1685 13891 13891 VOLUNTEER EXPENSES 48583 48583 GENERAL FOUNDATION SUPPOR 16015 16015 OFFICE EXPENSE 7747 7747 ADVISORY FEES 4962 4962 INSURANCE 1436 1436 2644 1426 1218 366328 327589 38739 0 399118 215308 1189190 1486196 1588308 1701504 894 1005 894 1005 X 953931 1350499 208483 350000 425000 1587414 1700499 1588308 1701504 X -21951 135036 X true true true X false X 709327 316648 1025975 709327 316648 1025975 1025975 -84901 27729 -57172 968803 32399 1.00000 1.00000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 316648 6700 248856 32585 true true false false false false false 197723 39929 19027 35413 2271 218995 120533 142595 213 62187 3431 197723 false false false 344377 366328 -21951 -21951 344377 344377 344377 366328 366328 366328 false BLUE MOUNDS AREA THEATER 104 E MAIN ST LUVERNE MN 56156 93440 LUVERNE COMMUNITY HOSPICE 1600 N KNISS AVE LUVERNE MN 56156 112242 LUVERNE SCHOOL FOUNDATION 709 N KNISS AVE LUVERNE MN 56156 40833 4 ORGANIZATION'S MISSION FORM 990 - ORGANIZATION'S MISSION LUVERNE AREA COMMUNITY FOUNDATION IS A PUBLICLY SUPPORTED COMMUNITY FOUNDATION THAT ATTRACTS, MANAGES, AND DISTRIBUTES CHARITABLE CONTRIBUTIONS AND GRANTS TO ITS PRIMARY SERVICE AREA, ROCK COUNTY, MINNESOTA, WHICH HAS A POPULATION OF APPROXIMATELY 10,000. ORGANIZATION'S PROCESS USED TO REVIEW FORM 990 FORM 990, PAGE 6, PART VI, LINE 11B THE BOARD REVIEWS THE FORM 990 AT ITS NEXT MEETING AFTER PREPARATION. COMPENSATION PROCESS FOR TOP OFFICIAL FORM 990, PAGE 6, PART VI, LINE 15A ALL PERFORMANCE AND COMPENSATION TO BE PAID TO LACF'S EXECUTIVE DIRECTOR OR ANY OTHER EMPLOYEES ARE REVIEWED ANNUALLY BY THE EXECUTIVE COMMITTEE WHICH CONSISTS ONLY OF INDEPENDENT BOARD MEMBERS AND THEN A RECOMMENDATION IS MADE TO THE ENTIRE BOARD FOR APPROVAL. COMPENSATION PROCESS FOR OFFICERS FORM 990, PAGE 6, PART VI, LINE 15B ALL PERFORMANCE AND COMPENSATION TO BE PAID TO LACF'S EXECUTIVE DIRECTOR OR ANY OTHER EMPLOYEES ARE REVIEWED ANNUALLY BY THE EXECUTIVE COMMITTEE WHICH CONSISTS ONLY OF INDEPENDENT BOARD MEMBERS AND THEN A RECOMMENDATION IS MADE TO THE ENTIRE BOARD FOR APPROVAL. GOVERNING DOCUMENTS DISCLOSURE EXPLANATION FORM 990, PAGE 6, PART VI, LINE 19 LACF'S ORGANIZATION DOCUMENTS AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. OTHER CHANGES IN NET ASSETS EXPLANATION FORM 990, PART XI, LINE 5 PART XI LINE 5 OTHER CHANGES IN NET ASSETS OR FUND BALANCE UNREALIZED GAIN ON INVESTMENTS 135,036