2023-11-15T10:27:27-06:00 2022-12-31 450250958 Eide Bailly LLP 1730 Burnt Boat Loop Ste 100 Bismarck ND 585030886 990 2022-01-01 200520386 Impact Foundation IMPA 7012710263 4141 28th Avenue S Fargo ND 58104 Michael R Schumacher CFO 7012710263 2023-11-15 1 Michael Schumacher 999009999 1 Lisa Chaffee CPA P00193453 7012551091 2023-11-14 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z J Patrick Traynor 4141 28th Avenue S Fargo ND 58104 3102371 0 X https://ndimpactfdn.org/ X 2003 ND Build capacity of nonprofits, businesses & individuals to maximize their community impact. 4 4 7 150 0 0 2178539 2557419 385051 469328 33349 28383 255 -13154 2597194 3041976 566377 512610 0 0 564493 730938 0 0 13459 588483 504519 1719353 1748067 877841 1293909 5033144 6186034 590474 568794 4442670 5617240 X With a mission to build the capacity of nonprofits, businesses, and individuals to maximize their community impact, Impact Foundation's overall goal is to dramatically improve its nonprofit partners' capacity to produce superior results. Impact Foundation operates exclusively for charitable, scientific, and educational purposes. To meet its primary goal, Impact Foundation (Impact) receives and administers donations, makes contributions to, and provides assistance to other nonprofit organizations. Impact operates charitable initiatives designed to measurably improve society in areas including: economic development; health and healthcare access; education and training; and other philanthropic areas identified by donors. 1 0 641278 78367 Organizational EffectivenessImpact and its supporting organization, Achievements Unlimited Foundation (collectively the "Foundations"), recognize that many nonprofit organizations often lack the expertise and financial resources to invest in organizational assessments, strategic planning and highly effective fundraising training to ensure their organization's effectiveness and long-term sustainability. The Foundations partnered with Dakota Medical Foundation, an unrelated nonprofit organization, through the Impact Institute (Institute) to provide support, education, training, and coaching sessions for nonprofit partner organizations. Since inception in 2005, the Institute has trained nonprofit executives and directors from over 500 nonprofit organizations in Institute leadership and fundraising concepts.Nonprofit Board and Fundraising Training: Training boards and key management personnel to operate their organizations in a highly effective and efficient manner is a key education focus for the Foundations. With a particular emphasis in fundraising, many charities continued their professional development in a fundraising curriculum and coaching program called High Impact Fundraising. This program was developed to build a mastery of fundraising and leadership. As a result of participating in fundraising training, a study of 21 nonprofit organizations who have participated in Giving Hearts Day since its inception increased their Giving Hearts Day totals over a fifteen-year period from a cumulative total of $353,000 in donations in 2008 to a cumulative total of $2.5 million in donations in 2022.Grant Writing Services: Since 2005, the Foundations have supported grant writing assistance for health-related nonprofit organizations to generate additional financial resources for their programs. Since the formal addition of grant writing assistance, the Foundations and other regional nonprofit organizations have secured over $28.9 million in grant funding. 8003 0 1976 Economic DevelopmentThe Foundations support the economic development of North Dakota communities by initiating and funding various initiatives directed at assisting small businesses located in North Dakota.In 2007, Impact entered into a 30-year, $750,000 loan commitment with the USDA Office of Rural Development under its Intermediary Relending Loan Program (IRP). Impact committed an equity contribution of $187,500, equaling a total loan pool of $937,500, available to qualifying North Dakota businesses at low interest rates. Dakota Business Lending (DBL), formerly Dakota Certified Development Corporation, provided a grant to Impact to meet the equity requirement under the terms of the USDA loan. DBL manages the day-to-day operations of the IRP under an agreement with Impact.Since inception, Impact has provided ten (10) loans to small businesses in rural communities, equaling more than $1,166,942. As of December 31, 2022, Impact had one (1) loan outstanding with a total IRP Loans Receivable balance of $3,732 (net of allowance for doubtful accounts of $500), included in Part X, Line 13, Investments - Program Related and Schedule D Part VIII. 955608 512610 390655 Community SupportImpact provides grants to support community events, statewide nonprofit organizations and other societal improvement initiatives. Grants were provided for these purposes from established Impact charitable funds, other grants, and donor contributions received by the Foundations. Impact provided funding to restock the food shelter at Great Plains Food Bank through the support of the Fargo-based Fill-the-Dome program. The Foundations have given back to North Dakota communities impacted by natural disasters and are ready to help coordinate and provide financial support of fundraising efforts when needed.When aligned with its mission, Impact provides Fiscal Sponsor Projects (FSP) to community groups and individuals desiring to obtain financial or other support for their charitable projects through grants, or in order to receive tax-deductible donations from individuals and other contributors through the sponsor. FSP arrangements may range from a project or an organization included completely under Impact's 501(c)(3) umbrella to assistance to an organization establishing their own separate 501(c)(3) organization. Current FSPs as of December 31, 2022 include the following:Women's Impact (FSP) creates opportunities for women to connect while empowering each other to make a positive impact in their lives, families, and communities.Financial Literacy Initiative (FSP), established in 2017, provides financial literacy training to those who may not otherwise have access to such information. Promoting financial literacy through education regarding budgeting, home buying, insurance, investing, retirement planning and estate planning. This fund closed in December 2022.Badges of Unity (FSP) works to unite all community members, build trusting relationships with at-risk youth, and partner with others to ensure a bright future for all. By working to strengthen current programs and connecting youth to after-school activities in their neighborhood, new non-traditional, after-school activities have been developed. Badges of Unity hosted "Fargo United" events in local parks with food, music and positive interactions with law enforcement.Par 4 Youth Golf (FSP) supports the PGA Junior League Golf by providing playing opportunities, equipment, and financial assistance to benefit those in need.Red River Market (FSP) organizes a weekly farmers' market in downtown Fargo to engage the community and provide entertainment, education, and healthy eating options. This project is currently seeking its own 501(c)(3) status.Sinner Bresnahan Healthy Kids Initiative (FSP) is a "grass-roots" program formed for the purposes of engaging the youth of Casselton, North Dakota, toward positive social relationships.Tech4Kids (FSP) works to support children that do not have access to technology in their home by repurposing used laptops, iPads, and MacBooks for youth in need. Capstone Classical Academy (FSP) was created in December of 2021 for the purpose of bringing a Capstone Classical Academy to North Dakota to provide students with a classical Christian education program and opportunities to attend through financial aid. Capstone Classical Academy received its own 501(c)(3) status in 2022.The Next Step ND (FSP) supports survivors of human trafficking and helps to get them established back into the community. First Tee Greater Fargo (FSP) was formed for the purposes of impacting lives of young people by providing educational programs that build character, instill life-enhancing values, and promotes healthy life choices through the game of golf.Excite Music (FSP) supports a mission to ensure that every child has the opportunity to learn and experience music, regardless of economic status. Excite Music offers student participants a variety of different ways to engage with music through free after-school music lessons and opportunity to attend local music schools.The Russ Newman Memorial Youth Fund (FSP) was created in memory of Russ Newman by his children to "Help Kids Compete" in life. The fund aims to provide children with things such as clothes, scholarships, and even Christmas presents. In 2022, the RNMYF hosted the Russ Newman Junior Invitational golf tournament which awarded scholarships and athletic opportunities to six dedicated kids. The fund also supported Cops and Kids, which connects Fargo Police officers with special local children to shop together for clothes and toys. The fund also supported Dakota Selects Baseball, which allows North Dakotan boys to compete at a higher level.The Lt. Adam Gustafson Memorial Fund (FSP) exists to encourage aspiring law enforcement officers; provide needed equipment, resources, and support to local law enforcement agencies; and to show appreciation to our first responders.During 2022, Impact provided accounting support to the Red River Children's Advocacy Center (RRCAC) including processing weekly accounts payables, biweekly payroll management, general ledger and periodic financial statements, and coordinating the preparation of their annual Form 990.A veteran emergency charitable fund called Support Our Veterans (SOV), was established at Impact to receive charitable contributions from donors and to support the emergent needs of North Dakota veterans and their eligible dependents who are not covered under current federal or state programs. GiveBack InitiativeIn 2006, Impact launched its GiveBack Initiative to inspire donors to substantially increase and improve the impact of their giving of time, talent, and treasure in North Dakota and western Minnesota communities. Grants from Dakota Medical Foundation, Alex Stern Family Foundation, Bush Foundation and various individual and corporate contributions, have provided the funding for this Initiative. Initiative strategies have focused on education and training for nonprofit organizations to becoming highly proficient fundraisers and to be more operationally efficient and effective. The initiative has developed new ways of thinking and approaches surrounding wealth transfer and volunteerism in North Dakota and Minnesota.North Dakota Wealth Transfer: The Foundations initially commissioned and funded a North Dakota wealth transfer study in 2005, conducted by the Center on Wealth and Philanthropy at Boston College in Boston, Massachusetts. Impact has distributed the North Dakota Wealth Transfer Study to donors, community leaders, nonprofit organizations, attorneys, accountants, financial advisors, banks, and trusted personnel in several North Dakota communities. Another North Dakota Wealth Transfer Report was commissioned by the Foundation in 2011, "Endless Possibilities on the Prairie: Unleashing North Dakota's Great Potential" 2007-2061, and associated data entitled "Communities with Possibilities". The new study concluded that through 2061 North Dakota households will give over $95 billion to charity and pay an estimated $39 billion in estate taxes. The supplement to Endless Possibilities is the first ever county level analysis of North Dakota wealth transfer.In 2012, Impact produced two educational videos about the North Dakota Wealth Transfer and the U.S. Wealth Transfer. The initiative's purpose is to provide valuable information to nonprofit organizations so that they can develop their fundraising to individuals, who provide eighty percent of the funding to U.S. nonprofits through private gifts.Regional Philanthropy Study: Impact commissioned the Regional High Impact Philanthropy Study in 2016 to gain a clearer view of why people in the region give money and time, how much they give, what motivates them, and several other issues related to philanthropy, estate planning and charitable contributions in the Fargo-Moorhead area. Dakota Medical Foundation and Alex Stern Family Foundation funded the effort. A team of North Dakota State University and University of North Dakota researchers developed and conducted the study. The philanthropy study complements "Endless Possibilities on the Prairie: Unleashing North Dakota's Great Potential," which provided an overview of wealth transfer and projected wealth transfer in North Dakota from 2007 to 2061. The philanthropy study data will help area charities strategically position themselves to be part of this projected wealth transfer and give donors more information about how they can deepen the impacts of their gifts. Impact has incorporated information and insights gained through the study into training materials and will continue to utilize this information in future training sessions with regional charities.Giving Hearts Day Website: The website (www.givingheartsday.org) is designed to provide a one-stop information resource for donors to conveniently locate, review, volunteer and make contributions to nearly 550 nonprofit organizations in the region. (continued below) 1604889 1 1 0 0 0 1 0 0 0 1 1 0 1 0 0 1 0 1 0 0 0 0 0 0 1 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 1 13 0 1 7 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 4 4 1 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 1 0 0 MN X Michael Schumacher 7012710263 4141 28th Avenue S Fargo ND 58104 Dan Carey Chair 3.00 0.10 X X 0 0 0 Susan Mathison MD Vice Chair 2.00 0.10 X X 0 0 0 Phil Hansen Secretary/Treasurer 2.00 0.10 X X 0 0 0 Sindy Keller Board Member 2.00 0.10 X X 0 0 0 J Patrick Traynor Executive Director 17.00 0.50 X 124904 0 0 Scott Holdman Chief Transformation Officer 40.00 0.00 X 144043 0 32909 268947 0 32909 2 0 1 0 0 46098 2511321 997958 2557419 Give Back Membership D 900099 346500 346500 Contracted Services In 900099 78367 78367 Management Services In 900099 40035 40035 Intermediary Relending 900099 1976 1976 2450 2450 469328 26053 26053 8531 5260 941 3271 -941 2330 2330 39370 46098 54194 -14824 -14824 1670 0 1670 1670 3041976 470998 0 13559 512610 512610 124904 74916 37491 12497 486435 486435 48810 48810 29896 29896 40893 37046 2885 962 66061 32726 33335 17430 17430 94745 94474 271 43677 43576 101 7024 5289 1735 47665 46936 729 21900 21900 953 953 25880 24838 1042 1340 1340 98215 75271 22944 11675 11675 Program Expenses 54003 54003 Dues, books, and subscr 13890 13870 20 61 61 1748067 1604889 129719 13459 3346362 3668527 100000 105000 4708 4725 302 1784 1109493 945476 188797 164017 828923 1703007 553050 524438 11002 14536 5033144 6186034 141068 131789 166141 182745 283265 254260 590474 568794 X 2864526 4037052 1578144 1580188 4442670 5617240 5033144 6186034 1293909 -119339 0 X X 0 1 X 0 0 X 1742915 1698490 2193163 2178539 2557419 10370526 1742915 1698490 2193163 2178539 2557419 10370526 3761232 6609294 28402 40065 44319 22904 29427 165117 10535643 1736679 0.62730 0.68040 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 12 1434979 118571 2619755 1 1 129711 80050 5278 450 214589 54412 74125 1586 412 129711 45648 8600 444 280 54412 37280 7615 873 120 45648 26204 10125 951 37280 0.00000 0.98350 0.01650 0 0 1109493 945476 164017 164017 IRP Loans Receivable 3232 F IRP Revolving Fund 521206 F 524438 X 2894844 -119339 -27793 -147132 3041976 0 3041976 1856063 53802 53802 1802261 -54194 -54194 1748067 Part V, Line 4: The Funds are established by the Foundation as endowments to promote and support initiatives, programs, and projects designed to make a significant impact in health and healthcare, education, economic development, and other charitable areas primarily benefiting residents of the state of North Dakota. Part X, Line 2: Impact Foundation believes they have appropriate support for any tax positions taken affecting the annual Form 990 filing requirements, and as such, do not have any uncertain tax positions that are material to the consolidated financial statements. Impact Foundation would recognize future accrued interest and penalties related to unrecognized tax liabilities in income tax expense if such interest and penalties are incurred. Part XI, Line 2d - Other Adjustments: Fundraising Expense included in revenue 54,194. Revenue from Consolidated Subsidiary -81,987. Part XII, Line 2d - Other Adjustments: Expenses from Consolidated Subsidiary 53,802. Part XII, Line 4b - Other Adjustments: Fundraising Expense included in revenue -54,194. Russ Newman Invitational 63955 31955 32000 7500 2815 20128 500 11124 Steps of Hope 16713 12363 4350 7764 3096 80668 44318 36350 7500 2815 27892 500 14220 52927 -16577 1 4 Luv of Dog Rescue PO Box 9283 Fargo ND 58106 392075804 501(c)(3) 9000 0 General Support Amistad Worldwide 1416 3rd Ave N Fargo ND 58102 456006765 501(c)(3) 11000 0 General Support Great Plains Food Bank 1720 3rd Ave N Fargo ND 58102 472229589 501(c)(3) 20503 0 General Support Casselton Parks And Recreation 310 6 AveE S Casselton ND 58012 456006765 501(c)(3) 94129 0 General Support F5 PROJECT 1122 1st Ave N Fargo ND 58102 814658673 501(c)(3) 8000 0 General Support Cavalier Public Schools 300 Main St E Cavalier ND 58220 456001249 State of ND 10000 0 General Support City Of Cando PO Box 396 Cando ND 58324 456006667 City of Cando 8850 0 General Support Dakota Medical Foundation 4141 28th Ave S Fargo ND 58104 456012318 501(c)(3) 61000 0 General Support Fargo Park District Foundation 701 Main Avenue Fargo ND 58103 471248968 501(c)(3) 6000 0 General Support Walhalla Lutheran 416 Central Ave Walhalla ND 58282 450376780 501(c)(3) 7500 0 General Support Fargo VA Health Care System 2101 Elm Street Norh Fargo ND 58102 450226662 US Government 10000 0 General Support Homeward Animal Shelter 1201 28th Ave N Fargo ND 58102 450284164 501(c)(3) 7250 0 General Support MadisonHome 105 5th St Richmond KY 40475 853081687 501(c)(3) 7000 0 General Support ND Department of Veterans Affairs 4201 38th St SW Ste 104 Fargo ND 58104 450434375 US Government 30000 0 General Support ND FFA Foundation PO Box 6022 Bismarck ND 58506 450359297 501(c)(3) 6000 0 General Support New Life Center PO Box 1067 Fargo ND 58107 450228056 501(c)(3) 6000 0 General Support Soul Solutions Recovery Center PO Box 9032 Fargo ND 581069032 843025490 501(c)(3) 10000 0 General Support Water Works SEA Inc 3255 Oak Ridge Loop Easet West Fargo ND 58078 872992185 501(c)(3) 10754 0 General Support Capstone Classical Academy 3910 25th Street S Fargo ND 58104 863946901 501(c)(3) 77910 0 General Support Fargo Public Schools 700 7th Street S Fargo ND 58103 456000294 State of ND 19000 0 General Support YWCA of Cass Clay 4650 38th Ave S No 110 Fargo ND 58104 450226435 501(c)(3) 6000 0 General Support 21 0 Part I, Line 2: The Foundation's written grantee application process includes detailed organizational information and tax status, mission, governance, conflicts of interest, project description, and budget. Grant agreements require periodic and final progress reporting and return of unspent grant funds. X 0 0 0 0 0 0 0 1 0 Scott Holdman Chief Transformation Officer 130220 0 13763 0 60 0 21793 0 11891 0 177727 0 0 0 Part I, Line 7 In 2022, Scott received a 10% bonus which was based on his base salary and $1,150 for Holiday bonuses. X 1 99788 FMV on donation date X 2 898170 Appraisal 0 0 1 0 Part I, Column (b): The amount reported in Part I, Column (b) represents the number of contributions. Form 990, Part III, line 2 The Institute began offering Cohort digital courses in fundraising to charities. Form 990, Part III, Line 4c Qualified nonprofit organizations in North Dakota and northwestern Minnesota are encouraged to place their organizational information on the website to easily connect with donors of time, talent and treasure. Donors are able to research and identify their favorite nonprofit organizations and to make contributions online using their credit card or by check. Nonprofit organizations are able to utilize the website to receive contributions and promote their organization year-round. Significant efforts and commitments have been made by Impact to enhance the website to better connect donors with nonprofit organizations that fit the donor's charitable goals. Since its 2007 implementation, the online giving website has processed nearly $53 million for its partner nonprofits. Impact implemented a Volunteer Initiative in 2007 designed to help nonprofit organizations more effectively recruit, train, manage and retain volunteers. The website, includes a volunteer page that provides the capability for nonprofit organizations to list their volunteer opportunities, as well as needs for new and used physical goods. Giving Hearts Day (GHD) Initiative: Impact partnered with Dakota Medical Foundation (DMF) to establish the GHD Initiative to build the fundraising capabilities of nonprofit organizations and promote charitable giving in the region. The online giving environment improves efficiency to raise funds for nonprofit programs serving the region. The online giving website at GivingHeartsDay.org is used to promote the annual GHD event held each February, providing donors with an easy-to-use website to make online contributions to almost 550 of their favorite North Dakota and Minnesota charitable organizations throughout the year. Since implementation in 2008, the GHD Initiative has generated over 574,000 contributions for community nonprofit organizations totaling over $165 million. DMF has provided over $7 million in matching funds and incentive grants for participating organizations since inception of this initiative. The Giving Hearts Day event held in February 2022 generated 90,291 donations from over 41,000 donors for 538 charitable causes totaling $26.6 million in a 24-hour period. The participating nonprofit organizations obtained additional matching funds prior to the event. The Bush Foundation provided a grant of $105,000 which funded performance awards to Giving Hearts Day participating charities with top ratings in fundraising and donor engagement. The grant also helped support training and capacity building initiatives for participating charities, the majority of which were outside the Fargo-Moorhead area. Form 990, Part VI, Section A, line 2 J. Patrick Traynor and Sindy Keller have a business relationship. Susan Mathison, MD has a business relationship with J. Patrick Traynor. Phil Hansen has a business relationship with J. Patrick Traynor. Form 990, Part VI, Section A, line 8b There are no committees with the authority to act on behalf of the Board. Form 990, Part VI, Section B, line 11b A copy of the Form 990 is provided to each voting Board Member for their review prior to filing. The filed Form 990 will be an agenda item at the next scheduled board meeting for management to review with Board Members. Actions taken will be so noted in the minutes of the Board. Form 990, Part VI, Section B, line 12c Board members and staff are required to review the conflict of interest policy and declare any conflicts annually. In addition the Administrative Manager notifies the Executive Director of any other conflicts that may arise during the year. If there are any conflicts, the Board is made aware of them and the Board member with a conflict is asked to abstain from voting. The process would be duly noted in the minutes. Form 990, Part VI, Section B, line 15a The Executive Director's performance is reviewed annually by the Board members, excluding the Executive Director. Compensation is compared using the Council on Foundations annual salary survey and may also include comparison to other foundations of similar size and scope using their Form 990. Compensation changes are approved by vote of the Board with the Executive Director abstaining from voting. Form 990, Part VI, Section C, line 19 Impact's governing documents, conflict of interest policy, and consolidated financial statements are made available to the public upon request. Form 990, Part XII, Line 2c: Impact does not have a specifically appointed audit committee; however, the Board of Directors does assume responsibility for oversight of the audit of its consolidated financial statements and selection of an independent accountant. Achievements Unlimited Foundation 4141 28th Avenue S Fargo ND 58104 202052288 Support mission of Impact Foundation ND 501(c)(3) Line 12a, I Impact Foundation 1 0 0 0 0 0 0 0 0 0 0 0 1 0 1 1 1 1 0 0