2011-11-23T10:11:17-06:00 2011-06-30 MILLER MCDONALD ERICKSON & MOLLER LTD PO BOX 486 BEMIDJI MN 566190486 990 2010-07-01 411556013 NORTHWEST MINNESOTA FOUNDATION NORT 2187592057 4225 TECHNOLOGY DR NW BEMIDJI MN 56601 414419 2187592057 2011-11-10 1 JEFF HAUKEBO 2187516300 2011-11-10 2010 2016-02-24 21:20:13Z NANCY VYSKOCIL 4225 TECHNOLOGY DR NW BEMIDJI MN 56601 11224238 0 X NWMF.ORG X 1986 MN THE NORTHWEST MN FOUNDATION INVESTS RESOURCES, CREATES OPPORTUNITIES, AND PROMOTES PHILANTHROPY TO MAKE THE REGION A BETTER PLACE TO LIVE AND WORK. 12 12 21 0 0 0 3551877 3696459 466586 472576 1394532 1416135 0 0 5412995 5585170 1912616 1590737 0 0 1288419 1400686 0 0 134246 1603230 1435454 4804265 4426877 608730 1158293 41427451 47040855 4291066 4159284 37136385 42881571 THE NORTHWEST MINNESOTA FOUNDATION INVESTS RESOURCES, CREATES OPPORTUNITIES, AND PROMOTES PHILANTHROPY TO MAKE THE REGION A BETTER PLACE TO LIVE AND WORK. 0 0 3540133 1590737 472576 SEE ATTACHED STATEMENT 3540133 1 1 0 0 1 0 0 0 1 1 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 75 0 21 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 12 12 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MN X X TIMOTHY WANG 2187592057 4225 TECHNOLOGY DR NW BEMIDJI MN 56601 ERIC BERGESON 3.00 X X 0 0 0 MARK HEWITT 3.00 X X 0 0 0 KIM WILSON 3.00 X X 0 0 0 GARY PURATH 3.00 X X 0 0 0 ROGER MALM 3.00 X 0 0 0 ROBERT HAGER 3.00 X 0 0 0 LAURIE WILSON 3.00 X 0 0 0 JUDY ROY 3.00 X 0 0 0 JODY HORNTVEDT 3.00 X 0 0 0 JON QUISTGAARD 3.00 X 0 0 0 FAYE AUCHENPAUGH 3.00 X 0 0 0 LEAH PIGATTI 3.00 X 0 0 0 NANCY VYSKOCIL 40.00 X X 118955 0 17993 RITCHIE HOUGE 40.00 X 94249 0 4797 MARTY SIEVE 40.00 X 84976 0 0 DAVE WEST 40.00 X 76399 0 0 JAMES STEENERSON 40.00 X 70075 0 0 118955 0 17993 1 0 0 0 COMPASS CAPITAL MANAGEMENT INC SUITE 400 BAKER BUILDING 706 SECO MINNEAPOLIS MN 55402 INVESTMENT MANAGEMENT 101501 1 407103 3289356 364011 3696459 INTEREST REVENUE-LOANS 900099 254513 254513 PARTICIPATION FEES 900099 204432 204432 LOAN APPLICATION FEES 900099 13631 13631 472576 1056019 1056019 5999184 5636156 2912 363028 -2912 360116 360116 5585170 472576 0 1416135 1421860 1421860 168877 168877 1085030 620088 397634 67308 315656 188279 117763 9614 19788 18365 1423 11325 1625 9700 81454 70165 11289 792314 753778 29142 9394 37727 10460 21411 5856 147977 72389 56738 18850 11083 5874 5209 87922 44651 37904 5367 19148 18566 582 57213 28951 28262 9236 3080 6156 MISCELLANEOUS 93624 74665 10059 8900 LOAN LOSS PROVISION 90830 90830 MAINTENANCE AND REPAIR 25770 13804 11966 EDUCATION 23714 13194 6262 4258 SUBSCRIPTIONS 6321 624 2421 3276 -79992 -79992 4426877 3540133 752498 134246 100 100 363729 403906 836433 542437 7604 3473 3932295 3960872 5260 4482 1097997 471329 669441 626668 34976382 40637934 463837 672023 172370 188960 41427451 47040855 216439 222526 478793 352321 282437 292057 1038155 978533 2275242 2313847 4291066 4159284 X 442992 472980 11264454 15273553 25428939 27135038 37136385 42881571 41427451 47040855 X 1158293 4586893 X 0 1 1 X 1 1 X 3136397 3134730 3260795 3551877 3696459 16780258 3136397 3134730 3260795 3551877 3696459 16780258 3654363 13125895 993496 1344358 1378875 1386181 1419047 6521957 23302215 2272948 0.56330 0.53640 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 21 147315 49551 2624995 1 1 27802534 1515859 5704204 1507476 311461 33203660 26132066 1378023 2168912 1427607 448860 27802534 31761703 252147 -4257358 1601766 97912 26056814 1.00000 0 0 130317 130317 565599 182970 382629 402081 288359 113722 626668 ANNUITY PAYABLE 525475 AGENCY ENDOWMENT LIABILITY 1738372 GRANITE EQUITY PARTNERS SUBSCRIPTION PAYABLE 50000 2313847 5585170 4426877 1158293 4586893 4586893 5745186 10172063 4586893 4586893 5585170 0 5585170 4426877 0 4426877 0 4426877 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: ENDOWMENT FUNDS ARE HELD AND ADMINISTERED FOR THE PURPOSE OF CONTINUING THE ADMINISTRATION AND PROGRAM ACTIVITIES OF THE NORTHWEST MINNESOTA FOUNDATION. 1 KRISTINE GODDARD ANDERSON 220 PENNINGTON AV THIEF RIVER FALLS MN 56701 451535423 10000 BOOK IDEA AWARD WINNER CITY OF BAUDETTE PO BOX 548 BAUDETTE MN 56623 410882297 10000 BOOK FOR BAUDETTE AND LAKE OF THE WOODS AREA TRAILS PLAN BELTRAMI COUNTY 613 MINNESOTA AVE BEMIDJI MN 56601 416005757 6500 BOOK FOR BELTRAMI COUNTY HAZARD MITIGATION PLAN BEMIDJI AREA RACE RELATIONS PO BOX 2097 BEMIDJI MN 56619 411735007 8333 BOOK FOR BARRC/SHARED VISION ALLIANCE BEMIDJI AREA SCHOOLS DIST #31 3300 GILLETTE DR N BEMIDJI MN 56601 416000181 14556 BOOK FOR SCHOOL ACTIVITIES EQUIPMENT AND SERVICES BEMIDJI STATE UNIVERSITY 1500 BIRCHMONT DR BEMIDJI MN 56601 411687554 25000 BOOK FOR REGIONAL ECONOMIC ALLIANCE WORKFORCE TASKFORCE CITY OF BEMIDJI 1351 5TH STREET N BEMIDJI MN 56601 416004972 10000 BOOK FOR BEMIDJI AREA PARKS, TRAILS, AND OPEN SPACES PLAN UPDATETRACKING THE CHALLENGE OF CHILDHOOD OBESITY IN BEMIDJI AND SURROUNDING COMMUNITIES BOYS & GIRLS CLUB OF THE BEMIDJI AREA PO BOX 191 BEMIDJI MN 56619 810599601 6250 BOOK FOR VOLUNTEER PARTNERSHIP PROJECT CLEAR WATERS LIFE CENTER PO BOX 155 CLEARBROOK MN 56634 770643868 11294 BOOK FOR GROW IT CLEARWATER COUNTY HOSPICE INC 212 MAIN AVE N BAGLEY MN 56621 416005779 6140 BOOK FOR HOSPICE CARE AND TRAINING CROOKSTON PARK & RECREATION 124 N BROADWAY CROOKSTON MN 56716 416005076 9882 BOOK FOR CROOKSTON SPORTS CENTER PLAY AREA CITY OF CROOKSTON 124 N BROADWAY CROOKSTON MN 56716 416005076 150800 BOOK FOR CROOKSTON SPORTS CENTER EQUIPMENT PURCHASEECCC/REGIONAL FBO MENTAL HEALTH SERVICE CAPACITY EXPANSION THE EVERGREEN HOUSE PO BOX 662 BEMIDJI MN 56619 411297737 8750 BOOK FOR BRIDGE FUNDING FOR EVERGREEN/HEALTHY COMMUNITY HEALTHY KIDS PROGRAM MERGER GRAND STEER INC 15380 US HIGHWAY THIEF RIVER FALLS MN 56701 810615455 10000 BOOK FOR IDEA AWARD WINNERDIGITAL RECORD SYSTEM HEADWATERS REGIONAL DEVELOPMENT COMMISSION PO BOX 906 BEMIDJI MN 56619 410983661 7267 BOOK FOR HEADWATERS REGION COLLABORATIVE COMMUNITY RENEWABLE ENERGY PLAN HUBBARD COUNTY EDC 301 COURT AVE PARK RAPIDS MN 56470 204208381 10000 BOOK FOR OPERATING EXPENSES HUMAN ACHIEVEMENT & PERFORMANCE ACADEMY PO BOX 853 PARK RAPIDS MN 56470 050577565 6957 BOOK FOR STRENGTHEN ORGANIZATIONAL INFRASTRUCTURERED LAKE TEEN GIRL INITIATIVE INSECT INFERNO INC 45669 221ST AVE LEONARD MN 56652 325585906 5293 BOOK FOR IDEA AWARD WINNER KINSHIP OF PARK RAPIDS PO BOX 282 PARK RAPIDS MN 56470 411738041 5095 BOOK FOR KINSHIP TECHNOLOGY UPGRADE LAKE OF THE WOODS HUMANE SOCIETY PO BOX 1103 BAUDETTE MN 56623 411941034 10000 BOOK FOR ANIMAL WELFARE LAVALLEY INDUSTRIES LLC PO BOX 683 BEMIDJI MN 56619 611497834 10000 BOOK FOR IDEA AWARD WINNER LIFECARE GREENBUSH MANOR 715 DELMORE DR GREENBUSH MN 56726 411804205 100038 BOOK FOR GREENBUSH MANOR FURNISHINGS MARSHAL CO SOIL AND WATER CONSERVATION DISTRICT 105 S DIVISION ST WARREN MN 56762 410850502 16667 BOOK FOR THIEF RIVER WATERSHED WEED MANAGEMENT PROGRAM MCINTOSH MACHINE & MANUFACTURING INC PO BOX 160 MCINTOSH MN 56556 261594559 10000 BOOK FOR IDEA AWARD WINNER MINNESOTA STATE UNIVERSITY MOORHEAD 108B LOMMEN HALL MOORHEAD MN 56563 411687554 6250 BOOK FOR WHITE EARTH RESERVATION COMPREHENSIVE EDUCATION STUDY THE NATURE CONSERVANCY MINNESOTA CHAPTER 1101 W RIVER PKW MINNEAPOLIS MN 55415 530242652 16667 BOOK FOR BIOMASS AND WASTE TO ENERGY BUSINESS DEVELOPMENT SURVEY NAYTAHWAUSH COMMUNITY FOUNDATION PO BOX 71 NAYTAHWAUSH MN 56566 205499213 20000 BOOK FOR THE LEARNING CENTER PLAYGROUND NID 1552 CARR LAKE RO BEMIDJI MN 56601 412022738 10000 BOOK FOR IDEA AWARD WINNER NORTHWEST COMMUNITY ACTION INC PO BOX 67 BADGER MN 56714 410888567 12500 BOOK FOR THE NORTHWEST YOUTH INTERVENTION PROJECT NORTHWEST REGIONAL DEVELOPMENT COMMISSION 115 S MAIN STE 1 WARREN MN 56762 411231594 6250 BOOK FOR NORTHWEST MINNESOTA REGIONAL TRAIL PLAN NORTHWOODS CAREGIVERS 616 AMERICA AVE BEMIDJI MN 56601 411993133 10000 BOOK FOR NICE AT HOME PARK RAPIDS SCHOOL DIST #309 401 HUNTSINGER AVE PARK RAPIDS MN 56470 416001518 12500 BOOK FOR PARK RAPIDS COMMUNITY STUDENT SUCCESS INITIATIVE CITY OF PARK RAPIDS 212 2ND ST W PARK RAPIDS MN 56470 416005449 8500 BOOK FOR POSITIVELY PARK RAPIDS PROJECTS PEACEMAKER RESOURCES 3124 HANNAH AVENUE BEMIDJI MN 56619 450507287 12500 BOOK FOR BEMIDJI AREA PREVENTION COLLABORATION CREATION AND DEVELOPMENT POLK COUNTY PUBLIC HEALTH PO BOX 403 CROOKSTON MN 56716 416005869 12500 BOOK FOR NORTHWEST MINNESOTA HEALTH IMPROVEMENT PLAN RED LAKE BAND OF CHIPPEWA PO BOX 588 RED LAKE MN 56671 410692381 12500 BOOK FOR RED LAKE CEDS RED LAKE COUNTY SOIL & WATER 2602 WHEAT DR RED LAKE FALLS MN 56750 410859809 18750 BOOK FOR RED LAKE COUNTY SWCD CULVERT INVENTORY PROJECT RED LAKE HOMELESS SHELTER PO BOX 280 REDLAKE MN 56671 841661929 12500 BOOK FOR ADULT REHABILITATIVE MENTAL HEALTH SERVICES COORDINATED SERVICES PROJECT CITY OF ROSEAU PO BOX 307 ROSEAU MN 56751 416005499 21467 BOOK FOR RIVERVIEW PARK GAZEBO RURAL MINNESOTA CEP INC PO BOX 1108 DETROIT LAKES MN 56502 410942639 12500 BOOK FOR INCREASING WORKPLACE SKILLS FOR AT RISK, DISCONNECTED, DISADVANTAGED, AND DISABLED YOUTH SF(X) ENGINEERING INC PO BOX 266 WARROAD MN 56763 412012287 10000 BOOK FOR IDEA AWARD WINNER ST MARY'S MISSION SCHOOL PO BOX 189 REDLAKE MN 56671 410810618 7654 BOOK FOR PRESCHOOL AND PRE K STEPHENARGYLE SCHOOL MARSHALL COUNTY E ARGYLE MN 56713 411843125 8000 BOOK FOR DOLLY PARTON IMAGINATION LIBRARY TRI-VALLEY OPPORTUNITY COUNCIL INC PO BOX 607 CROOKSTON MN 56716 410888488 6250 BOOK FOR FAMILY VOICE & CHOICE NETWORK UNIVERSITY OF MINNESOTA EXTENSION SERVICE 262 OWEN HALL CROOKSTON MN 56716 416007513 12500 BOOK FOR ORGANIC FRUIT PRODUCTION IN HIGH TUNNELS IN ZONES 2 AND 3 WARROAD INDEPENDENT SCHOOL DISTRICT #690 510 CEDAR AVE NW WARROAD MN 56763 416003720 12765 BOOK FOR POOL UPGRADE AND REPAIR WHITE EARTH RESERVATION PO BOX 418 WHITE EARTH MN 56591 411737979 10000 BOOK FOR DEVELOPING A LAND USE PLAN, INCLUDING ASSESSMENT AND POLICY GUIDANCE FOR THE WHITE EARTH RESERVATION 40 7 BUSINESS TECHNICAL ASSISTANCE 23 35647 BOOK SCHOLARSHIP 161 86625 BOOK PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: AFTER A GENERAL GRANT IS AWARDED, AN AWARD LETTER IS SENT WHICH IS SIGNED BY THE GRANTEE. THIS LETTER IS SUBJECT TO THE GRANTEE ACCEPTING TERMS IN THE AWARD LETTER INCLUDING WHEN PAYMENTS WILL BE SENT AND WHEN REPORTS WILL BE DUE. NORMALLY THE FIRST PAYMENT IS SENT AFTER THE GRANTEE SIGNS THIS AGREEMENT. FOLLOWING PAYMENTS ARE SENT AFTER SENDING IN SATISFACTORY REPORTS. WITH COMPONENT FUNDS, PAYMENT IS SENT AFTER REQUIRED MATERIALS ARE RECEIVED FROM THE ADVISORY COMMITTEE. SCHOLARSHIP PAYMENTS ARE SENT DIRECTLY TO THE POST-SECONDARY SCHOOLS AFTER REQUIRED INFORMATION IS RECEIVED FROM THE STUDENTS. X 5 349311 MARKET VALUE X 1 14700 MARKET VALUE 0 1 1 THIRD PARTY USE: PART I, LINE 32B: NONCASH CONTRIBUTIONS THAT ARE MARKETABLE SECURITIES ARE SOLD BY BREMER TRUST, N.A., ONE OF THE FOUNDATION'S INVESTMENT MANAGERS. NO COSTS ARE CHARGED FOR THESE SERVICES. FORM 990, PART VI, SECTION B, LINE 11 THE 990 WILL BE PRESENTED TO THE BOARD FOR REVIEW AND APPROVAL BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD OF DIRECTORS MUST YEARLY SIGN THE CONFLICT OF INTEREST POLICY, WHICH IS WRITTEN TO EMPHASIZE FAIRNESS, CONSISTENCY AND INTEGRITY IN ALL OF ITS DECISION-MAKING, TO ENSURE THERE WILL BE NO BASIS FOR LEGAL ACTION OR ACCUSATIONS OF SELF-DEALING. THE BOARD WILL EXCLUDE ANY MEMBER FROM ALL DELIBERATIONS AND DECISIONS CONCERNING ACTIONS ON ANY PROJECT, SERVICE OR OTHER MATTER PROPOSED FOR FUNDING IN WHICH SUCH MEMBER MAY HAVE A DIRECT OR INDIRECT FIDUCIARY INTEREST. ANY MEMBER OF THE BOARD MAY QUESTION ANOTHER BOARD MEMBER AS TO CONFLICT OF INTEREST, AND THE BOARD OF DIRECTORS AS A WHOLE WILL DETERMINE WHETHER A CONFLICT OF INTEREST EXISTS. FORM 990, PART VI, SECTION B, LINE 15 THE PRESIDENT IS SUBJECT TO ANNUAL REVIEW BY THE BOARD WHO SUBSEQUENTLY DETERMINES THE SALARY. OTHER KEY EMPLOYEES ARE REVIEWED BY SUPERVISORS AND THE PRESIDENT DETERMINES SALARY BASED ON EXTERNAL DATA. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S 990 AND ANNUAL REPORT (INCLUDING FINANCIAL STATEMENTS) ARE AVAILABLE UPON REQUEST. THE 990 IS ALSO AVAILABLE ON THE GUIDESTAR WEBSITE. THE ORGANIZATION'S GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE NOT MADE PUBLIC. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 4,586,893.