FARIBAULT FOUNDATION INC: Form 990, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- FARIBAULT FOUNDATION INC (EIN 41-1931735)
- Tax period
- 2024-01-01 to 2024-12-31
- Filed
- 2025-06-25
- IRS object ID
- 202511769349301146
- Schema version
- 2024v5.2
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-06-25T13:50:50-05:00 | ReturnTs |
| Tax Period End | 2024-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 471019942 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CREATIVE PLANNING TAX LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 100 E PARK AVE STE 300 | AddressLine1Txt |
| City | WATERLOO | CityNm |
| State Abbreviation | IA | StateAbbreviationCd |
| ZIP | 50703 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2024-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 411931735 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FARIBAULT FOUNDATION INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | FARI | BusinessNameControlTxt |
| Phone | 5078058800 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 530 WILSON AVENUE | AddressLine1Txt |
| City | FARIBAULT | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 55021 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | LAURA BOCK | PersonNm |
| Person Title | EXECUTIVE DIRECTOR | PersonTitleTxt |
| Phone | 5078058800 | PhoneNum |
| Signature | 2025-06-24 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | MICHELLE HEKEL CPA | PreparerPersonNm |
| PTIN | P01440878 | PTIN |
| Phone | 3192346885 | PhoneNum |
| Preparation | 2025-06-24 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | LAURA BOCK | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 530 WILSON AVENUE | AddressLine1Txt |
| City | FARIBAULT | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 55021 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $2,818,414 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | FARIBAULTFOUNDATION.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1999 | FormationYr |
| Legal Domicile State | MN | LegalDomicileStateCd |
| Activity Or Mission | IMPROVE THE QUALITY OF LIFE IN FARIBAULT THROUGH THE GENEROSITY OF DONORS | ActivityOrMissionDesc |
| Voting Members Governing Body | 9 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 9 | VotingMembersIndependentCnt |
| Total Employee | 2 | TotalEmployeeCnt |
| Total Volunteers | 20 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $1,121,674 | PYContributionsGrantsAmt |
| CY Contributions Grants | $2,367,359 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $1,423 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $18,207 | CYProgramServiceRevenueAmt |
| PY Investment Income | $6,352 | PYInvestmentIncomeAmt |
| CY Investment Income | $70,338 | CYInvestmentIncomeAmt |
| PY Other Revenue | $0 | PYOtherRevenueAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $1,129,449 | PYTotalRevenueAmt |
| CY Total Revenue | $2,455,904 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $16,571 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $141,365 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $35,126 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $118,079 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $58,374 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $84,821 | PYOtherExpensesAmt |
| CY Other Expenses | $121,868 | CYOtherExpensesAmt |
| PY Total Expenses | $136,518 | PYTotalExpensesAmt |
| CY Total Expenses | $381,312 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $992,931 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $2,074,592 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $1,132,136 | TotalAssetsBOYAmt |
| Total Assets EOY | $3,371,360 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $2,903 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $116,517 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $1,129,233 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $3,254,843 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | THE FARIBAULT FOUNDATION IS ON A MISSION TO IMPOVE THE QUAILITY OF LIFE IN FARIBAULT THROUGH THE GENEROSITY OF DONORS. TO ACCOMPLISH THIS MISSION WE ARE GROWING OUR COMMUNITY FOUNDATION, AND GRANTS WILL BE FOCUSED IN THE FARIBAULT COMMUNITY. MAKING AN IMPACT FOR OUR NON PROFITS AND ENHACING OUR COMMUNITIES PROGRAMS. CURRENTLY OUR MOST SIGNIFICANT ACTIVITY IS TRYING TO GROW OUR ASSETS UNDER MANAGEMENT AND EDUCATE THE COMMUNITY ON WHAT A FOUNDATION DOES AND HOW IT CAN HELP THE ENTIRE COMMUNITY. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $210,147 | ExpenseAmt |
| Grant | $141,365 | GrantAmt |
| Revenue | $18,207 | RevenueAmt |
| Desc | FUND ADVISOR SERVICES: THE FARIBAULT FOUNDATION IS DONOR CENTERED, PROVIDING OUR DONOR ADVISED FUNDS (DAF) FUND ADVISORS A MENU OF OPTIONS FOR MAKING GRANT REQUESTS TO THEIR FAVORITE NONPROFITS. FARIBAULT FOUNDATION OFFERS A DONOR PORTAL, WHERE FUND ADVISORS CAN REQUEST GRANTS IN THE SITE. FUND ADVISORS WHO ARE NOT COMFORTABLE WITH TECHNOLOGY CAN SEND AN EMAIL, TEXT, PHONE CALL OR SIMPLY STOP BY THE OFFICE TO GET A GRANT REQUEST STARTED FROM THEIR DAF. OUR EXECUTIVE DIRECTOR IS ON HAND TO PROCESS GRANT REQUESTS FOR FUND ADVISORS IN AN EFFICIENT AND TIMELY MANNER, FOLLOWING OUR DONOR ADVISED FUND GUIDELINES AND ACTIVITY POLICY FOR GRANTMAKING FROM A DAF. DONOR ADVISED FUNDS' INVESTMENTS ARE REVIEWED BY FARIBAULT FOUNDATION INVESTMENT COMMITTEE AND THE BOARD OF DIRECTORS. FUND HOLDER STATEMENTS ARE SENT QUARTERLY.WOMEN WHO CARE/MEN ON A MISSION: PROGRAMING INCLUDES LOCAL PHILANTHROPIST AWARDING GRANTS TO LOCAL NONPROFITS THROUGH THE PROCESS OF IN-PERSON NOMINATION AND VOTING. THIS POPULAR PROGRAM HAS ALLOWED THE FARIBAULT FOUNDATION TO ENGAGE PHILANTHROPISTS LARGE AND SMALL. THROUGH 100 WOMEN WHO CARE OR 100 MEN ON A MISSION, DONORS CAN BE A PART OF GRANTING SIZABLE GRANTS THAT START FROM EVERYONE'S $100 DONATION.COMMUNITY MICROGRANTS: SUPPORTS IMPORTANT PROGRAMS AND ACTIVITIES HAPPENING IN OUR COMMUNITY. THROUGH A SIMPLE GRANT APPLICATION PROCESS, LOCAL NONPROFITS DESCRIBE THEIR PROGRAMS AND ACTIVITIES THAT IMPROVE THE QUALITY OF LIFE FOR FARIBAULT CITIZENS. REQUESTS ARE FOR GRANTS OF $500-$1000. GRANT REPORTS ARE REQUIRED TO KEEP THE FARIBAULT FOUNDATION UP TO DATE ON THE SUCCESS OF THE PROGRAMS AND ACTIVITIES. | Desc |
| Total Program Service Expenses | $210,147 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | Yes (1) | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (1) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | 0 | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | 0 | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 4 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 2 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 9 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 9 | IndependentVotingMemberCnt |
| Family Or Business Rln | Yes (1) | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | 0 | CompensationProcessCEOInd |
| Compensation Process Other | 0 | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | MN | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LAURA BLOCK | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 5078058800 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 530 WILSON AVENUE | AddressLine1Txt |
| City | FARIBAULT | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 55021 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (10 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt |
|---|---|---|---|---|---|---|
| CHAD KOEPKE | ||||||
| PRESIDENT | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| CHRISTINE SHAFFER-BROWN | ||||||
| VICE PRESIDENT | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| TODD MARKMAN | ||||||
| TREASURER | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| DR MICHAEL RICHIE | ||||||
| SECRETARY | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| PATRICIA GUSTAFSON | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| CHAD WOLFF | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| JEFF JANDRO | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| KEN HUBERT | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| DR SARAH BECKMANN | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| LAURA BOCK | ||||||
| EXECUTIVE DIRECTOR | 40.00 | Yes (X) | $83,624 | $0 | $2,166 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $83,624 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $2,166 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 0 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | 0 | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
| Cntrct Rcvd Greater Than100 K | 0 | CntrctRcvdGreaterThan100KCnt |
| All Other Contributions | $2,367,359 | AllOtherContributionsAmt |
| Noncash Contributions | $55,205 | NoncashContributionsAmt |
| Total Contributions | $2,367,359 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | SERVICE FEE INCOME | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $18,207 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $18,207 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $18,207 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $50,828 | TotalRevenueColumnAmt |
| Exclusion | $50,828 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $382,020 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $362,510 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $19,510 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $19,510 | TotalRevenueColumnAmt |
| Exclusion | $19,510 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $2,455,904 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $18,207 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $70,338 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $140,365 | TotalAmt |
| Program Services | $140,365 | ProgramServicesAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,000 | TotalAmt |
| Program Services | $1,000 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $85,790 | TotalAmt |
| Program Services | $28,311 | ProgramServicesAmt |
| Management And General | $29,168 | ManagementAndGeneralAmt |
| Fundraising | $28,311 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $19,374 | TotalAmt |
| Program Services | $6,393 | ProgramServicesAmt |
| Management And General | $6,588 | ManagementAndGeneralAmt |
| Fundraising | $6,393 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $60 | TotalAmt |
| Program Services | $20 | ProgramServicesAmt |
| Management And General | $20 | ManagementAndGeneralAmt |
| Fundraising | $20 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,721 | TotalAmt |
| Program Services | $1,228 | ProgramServicesAmt |
| Management And General | $1,265 | ManagementAndGeneralAmt |
| Fundraising | $1,228 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $9,134 | TotalAmt |
| Program Services | $3,014 | ProgramServicesAmt |
| Management And General | $3,106 | ManagementAndGeneralAmt |
| Fundraising | $3,014 | FundraisingAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $27,605 | TotalAmt |
| Program Services | $4,502 | ProgramServicesAmt |
| Management And General | $18,600 | ManagementAndGeneralAmt |
| Fundraising | $4,503 | FundraisingAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $12,480 | TotalAmt |
| Management And General | $12,480 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $27,100 | TotalAmt |
| Program Services | $13,550 | ProgramServicesAmt |
| Fundraising | $13,550 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $118 | TotalAmt |
| Program Services | $9 | ProgramServicesAmt |
| Management And General | $21 | ManagementAndGeneralAmt |
| Fundraising | $88 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $19,049 | TotalAmt |
| Program Services | $333 | ProgramServicesAmt |
| Management And General | $18,398 | ManagementAndGeneralAmt |
| Fundraising | $318 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,481 | TotalAmt |
| Program Services | $389 | ProgramServicesAmt |
| Management And General | $5,703 | ManagementAndGeneralAmt |
| Fundraising | $389 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $12,009 | TotalAmt |
| Management And General | $12,009 | ManagementAndGeneralAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $309 | TotalAmt |
| Program Services | $96 | ProgramServicesAmt |
| Management And General | $148 | ManagementAndGeneralAmt |
| Fundraising | $65 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,471 | TotalAmt |
| Management And General | $2,471 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (3 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| SPECIAL EVENTS AND PROJ | $10,301 | $10,301 | ||
| DUES AND SUBSCRIPTIONS | $1,973 | $1,973 | ||
| REPAIRS AND MAINTENANCE | $625 | $219 | $194 | $212 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,347 | TotalAmt |
| Program Services | $417 | ProgramServicesAmt |
| Management And General | $647 | ManagementAndGeneralAmt |
| Fundraising | $283 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $381,312 | TotalAmt |
| Program Services | $210,147 | ProgramServicesAmt |
| Management And General | $112,791 | ManagementAndGeneralAmt |
| Fundraising | $58,374 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $394,481 | BOYAmt |
| EOY | $76,608 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $59,272 | BOYAmt |
| EOY | $346,195 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $222,454 | BOYAmt |
| EOY | $181,888 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $157 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $5,179 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $2,937 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $0 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $2,937 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $455,929 | BOYAmt |
| EOY | $2,758,396 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,132,136 | BOYAmt |
| EOY | $3,371,360 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,903 | BOYAmt |
| EOY | $9,014 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $107,503 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,903 | BOYAmt |
| EOY | $116,517 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $906,779 | BOYAmt |
| EOY | $3,072,955 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $222,454 | BOYAmt |
| EOY | $181,888 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,129,233 | BOYAmt |
| EOY | $3,254,843 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,132,136 | BOYAmt |
| EOY | $3,371,360 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $2,074,592 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $51,018 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $23,560 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $59,447 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $65,410 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,121,674 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $2,367,359 | CurrentTaxYearAmt |
| Total | $3,637,450 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $23,560 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $59,447 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $65,410 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,121,674 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $2,367,359 | CurrentTaxYearAmt |
| Total | $3,637,450 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $1,764,768 | SubstantialContributorsTotAmt |
| Public Support Total170 | $1,872,682 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus1 Year | $5,222 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $50,828 | CurrentTaxYearAmt |
| Total | $56,050 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $3,693,500 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $19,630 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.50700 | PublicSupportCY170Pct |
| Public Support PY170 | 0.52650 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Donor Advised Funds Held | 4 | DonorAdvisedFundsHeldCnt |
| Donor Advised Funds Contri | $1,821,490 | DonorAdvisedFundsContriAmt |
| Donor Advised Funds Grants | $116,550 | DonorAdvisedFundsGrantsAmt |
| Donor Advised Funds Vl EOY | $1,981,758 | DonorAdvisedFundsVlEOYAmt |
| Disclosed Org Leg Ctrl | Yes (1) | DisclosedOrgLegCtrlInd |
| Disclosed For Charitable Prps | Yes (1) | DisclosedForCharitablePrpsInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $267,240 | BeginningYearBalanceAmt |
| Contributions | $329,970 | ContributionsAmt |
| Investment Earnings Or Losses | $33,296 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $1,000 | GrantsOrScholarshipsAmt |
| End Year Balance | $629,506 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributions | $262,116 | ContributionsAmt |
| Investment Earnings Or Losses | $10,124 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $5,000 | GrantsOrScholarshipsAmt |
| End Year Balance | $267,240 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 1.00000 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.00000 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.00000 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $2,937 | OtherCostOrOtherBasisAmt |
| Book Value | $2,937 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $2,937 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | FUNDS HELD FOR OTHERS | Desc |
| Amt | $107,503 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $107,503 | TotalLiabilityAmt |
| Total Rev Etc Audited Fincl Stmt | $2,494,442 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $51,018 | NetUnrealizedGainsInvstAmt |
| Revenue Not Reported | $51,018 | RevenueNotReportedAmt |
| Revenue Subtotal | $2,443,424 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $12,480 | InvestmentExpensesNotIncldAmt |
| Revenue Not Reported Fincl Stmt | $12,480 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $2,455,904 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $368,832 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Not Reported | $0 | ExpensesNotReportedAmt |
| Expenses Subtotal | $368,832 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $12,480 | InvestmentExpensesNotIncld2Amt |
| Expenses Not Rpt Fincl Stmt | $12,480 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $381,312 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART V, LINE 4: | FormAndLineReferenceDesc |
| Explanation | THE FOUNDATION'S QUASI ENDOWMENTS CONSIST OF VARIOUS FUNDS ESTABLISHED TO PROVIDE INCOME TO MEET THE FOUNDATION'S ANNUAL OPERATING NEEDS AND TO PROVIDE FUNDS FOR ONGOING SUPPORT TO THE FARIBAULT COMMUNITY. | ExplanationTxt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (10 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Non Cash AssistanceNonCashAssistanceAmt | Purpose Of GrantPurposeOfGrantTxt |
|---|---|---|---|---|---|---|---|---|
| HEALTHFINDERS COLLABORATIVE INC | ||||||||
| 1415 TOWN SQUARE LANE | FARIBAULT | MN | 55021 | 201805262 | 501(C)(3) | $30,000 | $0 | GENERAL OPERATING SUPPORT |
| DIVINE MERCY CATHOLIC CHURCH | ||||||||
| 139 MERCY DRIVE | FARIBAULT | MN | 55021 | 410954118 | 501(C)(3) | $25,000 | $0 | KITCHEN FUND/DEDICATION OF COMMONS |
| BETHLEHEM ACADEMY | ||||||||
| 105 3RD AVE SW | FARIBAULT | MN | 55021 | 410705851 | 501(C)(3) | $12,000 | $0 | BABS NIGHT SUPPORT/ANNUAL FUND |
| RUTH'S HOUSE | ||||||||
| PO BOX 593 | FARIBAULT | MN | 55021 | 870709671 | 501(C)(3) | $11,000 | $0 | GENERAL OPERATING SUPPORT |
| RIVER BEND NATURE CENTER | ||||||||
| 1000 RUSTAD ROAD | FARIBAULT | MN | 55021 | 411343804 | 501(C)(3) | $10,000 | $0 | GENERAL OPERATING SUPPORT |
| GRACE LUTHERAN CHURCH | ||||||||
| 13655 ROUND LAKE BLVD | ANDOVER | MN | 55304 | 410975602 | $7,000 | $0 | GENERAL OPERATING SUPPORT | |
| COMMUNITY ACTION CENTER | ||||||||
| 1400 CANNON CIR STE 8 | FARIBAULT | MN | 55021 | 410970984 | 501(C)(3) | $6,372 | $0 | GENERAL OPERATING SUPPORT |
| FATE | ||||||||
| PO BOX 991 | FARIBAULT | MN | 55021 | 411451735 | 501(C)(3) | $6,000 | $0 | GENERAL OPERATING SUPPORT |
| OUR SAVIORS LUTHERAN CHURCH | ||||||||
| 1207 PRAIRIE AVENUE | FARIBAULT | MN | 55021 | 410954738 | $6,000 | $0 | GENERAL OPERATING SUPPORT | |
| PARADISE CENTER FOR THE ARTS | ||||||||
| 321 CENTRAL AVENUE N | FARIBAULT | MN | 55021 | 411381314 | 501(C)(3) | $5,500 | $0 | GENERAL OPERATING SUPPORT |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 10 | Total501c3OrgCnt |
| Total Other Org | 0 | TotalOtherOrgCnt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | THE ORGANIZATION HAS SOFTWARE TO TRACK ALL GRANT FUNDS. A HARD COPY OF ALL GRANT AWARD LETTERS FOR EACH GRANT ISSUED IS ALSO RETAINED. CHARITY CHECK IS INTEGRATED INTO THE SOFTWARE TO ENSURE ALL GRANTS RECIPIENTS ARE 501(C)(3) ORGANIZATIONS. | ExplanationTxt |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 2 | ContributionCnt |
| Noncash Contributions Rpt F990 | $55,205 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8283 Received | 0 | Form8283ReceivedCnt |
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (1) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | 0 | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, COLUMN (B): | FormAndLineReferenceDesc |
| Explanation | THE NUMBER OF CONTRIBUTORS IS REPORTED IN COLUMN (B). | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 2 | TODD MARKMAN, TREASURER AND CHAD WOLFF, DIRECTOR - BUSINESS RELATIONSHIP |
| FORM 990, PART VI, SECTION B, LINE 11B | FORM 990 IS REVIEWED BY THE BOARD OF DIRECTORS PRIOR TO FILING WITH THE IRS. |
| FORM 990, PART VI, SECTION B, LINE 12C | THE CONFLICT OF INTEREST POLICY IS REVIEWED WITH EVERY NEW ADVISORY COMMITTEE MEMBER, INVESTMENT COMMITTEE MEMBER OR BOARD OF DIRECTOR MEMBER AS THEY JOIN US, AND ANNUALLY IN JANUARY, THE POLICY IS REVIEWED WITH EVERYONE AND IS REQUIRED TO BE SIGNED AND ANY CONFLICTS DISCLOSED. |
| FORM 990, PART VI, SECTION B, LINE 15 | COMPENSATION WAS ESTABLISHED BASED ON A RANGE FOR FOUNDATION EXECUTIVE DIRECTORS, BUT ALSO THE BOARD'S KNOWLEDGE OF LOCAL MARKETS, EXPERIENCE GAINED FROM OUR EXECUTIVE DIRECTOR SEARCH, AND THE QUALITY OF OUR CANDIDATE. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST FOR THE SAME PERIOD OF DISCLOSURE AS SET FORTH IN SECTION 6104(D). |