2022-11-14T15:45:17-06:00 2021-12-31 450250958 Eide Bailly LLP 1730 Burnt Boat Loop Ste 100 Bismarck ND 585030886 990 2021-01-01 200520386 Impact Foundation IMPA 7012710263 4141 28th Avenue S Fargo ND 58104 Michael R Schumacher CFO 7012710263 2022-11-14 1 Michael Schumacher 999009999 Lisa Chaffee CPA P00193453 7012551091 2022-11-14 3 AAL1 IAL1 2021 2022-09-23 18:48:47Z J Patrick Traynor 4141 28th Avenue S Fargo ND 58104 2611289 0 X https://www.givingheartsday.org/ X 2003 ND Build capacity of nonprofits, businesses & individuals to maximize their community impact. 4 4 6 137 0 0 2193163 2178539 331787 385051 24199 33349 320 255 2549469 2597194 863172 566377 0 0 524625 564493 0 0 9020 710007 588483 2097804 1719353 451665 877841 4228120 5033144 709022 590474 3519098 4442670 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. 0 1 639546 0 39000 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 Management 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. Having encouraged many area nonprofit organizations to attend the Institute's education and training programs, in 2021, the Institute helped readily-equip 500 charitable organizations to solve complex community challenges. 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 showed community support on Giving Hearts Day increased over a twelve-year period from $353,000 in donations in 2008 to $2.5 million in donations in 2021.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. 0 0 0 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, 2021, Impact had one (1) loan outstanding with a total IRP Loans Receivable balance of $6,652 (net of allowance for doubtful accounts of $1,750), included in Part X, Line 13, Investments - Program Related and Schedule D Part VIII. 852365 566377 43156 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.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.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. The FSP 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.Innovative ND Education (FSP) was closed in 2021.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 will be seeking its own 501(c)(3) status in the future.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 opened in December of 2021. They were formed 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.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 in November of 2021 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.Additional Community Support:LevelUp Fargo was a community collaborative movement (Coalition) with a dynamic and significant group of key stakeholders that engaged members across numerous sectors to address the need to reduce youth substance abuse. The Coalition was formed in August 2015, and a grant application was submitted to the Substance Abuse and Mental Health Services Administration (SAMHSA) in March 2016. On August 31, 2016, LevelUp Fargo was awarded a 5-year, $625,000 grant from SAMHSA ($125,000 a year for five years) with the opportunity to apply for five additional years at $125,000 per year. The Coalition submitted a 12-Month Action Plan to SAMHSA, which was approved and implemented. With the help of a marketing firm, LevelUp Fargo and Fargo Public Schools created a survey instrument administered to grades 6-12 to all Fargo Public Schools, Oak Grove Lutheran School, and JP II Catholic Schools. This survey, which was administered bi-annually, identified current mental health needs, substance use trends, and provided a social capital index used to improve connectedness for Fargo youth. These results were then compiled into an actionable report and disseminated throughout the Fargo community. The LevelUp Fargo program ended in September 2021.During 2021, 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. The SOV fund began a capital campaign in July of 2021 to support the construction of a Fisher House in North Dakota. Since inception, the fund has generated $427,864 in contributions and provided assistance to 349 qualified veteran families. 100947 0 303150 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 almost 500 nonprofit organizations in the region. 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. Nonprofit organizations are able to utilize the website to receive contributions and promote their organization. Significant efforts and commitments have been made by Impact to enhance the website in order to better connect donors with nonprofit organizations that fit the donor's charitable goals. Since its 2007 implementation, the online giving website has processed over $55.4 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 online giving website, www.givingheartsday.org, includes a volunteer page that provides the capability for nonprofit organizations to list their volunteer opportunities as well as needs for new and used goods. Giving Hearts Day Initiative (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 www.givingheartsday.org is used to promote the annual DMF Giving Hearts Day, each February, and provides donors with an easy-to-use website to make online contributions to almost 500 of their favorite North Dakota and Minnesota charitable organizations throughout the year. Since implementation in 2008, the GHD Initiative has generated nearly 427,000 contributions for community nonprofit organizations totaling over $112 million. DMF 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 2021, generated 89,162 donations for 491 charitable causes totaling over $22 million in a 24-hour period. The participating nonprofit organizations obtained additional matching funds prior to the event. During 2021, Dakota Medical Foundation provided $423,097 in matching fund and incentive award grants to participating nonprofit organizations. 100947 0 303150 1592858 1 1 0 0 0 1 0 0 0 1 1 0 1 0 0 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 1 25 0 1 6 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 (Aug-Dec) 2.00 0.10 X X 0 0 0 J Patrick Traynor Executive Director 17.00 0.50 X 119947 0 0 Scott Holdman Chief Transformation Officer 40.00 0.00 X 137812 0 29633 257759 0 29633 2 0 1 0 0 114903 2063636 196525 2178539 Give Back Membership D 900099 302895 302895 Management Services In 900099 43156 43156 Contracted Services In 900099 39000 39000 385051 22904 22904 24540 14095 10445 10445 10445 255 0 255 255 2597194 385306 0 33349 X 566377 566377 119947 80500 31032 8415 339610 339610 42945 42945 28965 28965 33026 30191 2230 605 66471 37288 29183 337 337 14850 14850 177099 176855 244 26227 24065 2162 13634 9484 4150 56511 56231 280 19800 19800 32 32 10361 9300 1061 714 714 72883 51447 21436 11038 300 10738 Program Expenses 99168 99168 Dues, books, and subscr 19314 19249 65 44 44 1719353 1592858 117475 9020 2511077 3346362 320580 100000 3750 4708 1318 302 1036246 847449 183749 188797 599836 828923 10055 587002 553050 10753 11002 4228120 5033144 194569 141068 137133 166141 311983 283265 65337 0 709022 590474 X 2399504 2864526 1119594 1578144 3519098 4442670 4228120 5033144 877841 45731 0 X X 0 1 X 0 0 X 1846532 1742915 1698490 2193163 2178539 9659639 1846532 1742915 1698490 2193163 2178539 9659639 2974782 6684857 28929 28402 40065 44319 22904 164619 9824258 1652668 0.68040 0.67210 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 12 680636 318050 1411006 1 1 54412 74125 1586 412 129711 45648 8600 444 280 54412 37280 7615 873 120 45648 26204 10125 951 37280 15588 10169 447 26204 0.00000 0.96920 0.03080 0 0 1036246 847449 188797 188797 IRP Loans Receivable 6652 F IRP Revolving Fund 546398 F 553050 X 2738979 45731 31102 64952 141785 2597194 0 2597194 1774949 31102 24494 55596 1719353 0 1719353 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: Revenue from consolidated subsidiary 64,952. Part XII, Line 2d - Other Adjustments: Expenses from consolidated subsidiary 24,494. 1 Theodore Roosevelt Presidential Library Fndn 1611 East Century Avenue Bismarck ND 58503 471324043 501(c)(3) 0 260000 General Support Casselton Parks And Recreation 310 6 AveE S Casselton ND 58012 456006765 501(c)(3) 0 94134 General Support Great Plains Food Bank 1720 3rd Ave N Fargo ND 58102 472229589 501(c)(3) 0 26389 General Support Global Friends Coalition 600 Demers Ave 406A Grand Forks ND 58201 263217384 501(c)(3) 0 11000 General Support F5 PROJECT 1122 1st Ave N Fargo ND 58102 814658673 501(c)(3) 0 10000 General Support Make a Wish Foundation of ND 4143 26th AVE S Suite 104 Fargo ND 58104 450393770 501(c)(3) 0 10000 General Support North Dakota United Foundation 301 North Fourth Street Bismarck ND 58501 363779023 501(c)(3) 0 10000 General Support Fargo Moorhead Opera Company 21 8th Street South Fargo ND 58103 450307449 501(c)(3) 0 8250 General Support United Way of Grand Forks East Grand Forks & Area 1407 24th Ave South Suite 400 Grand Forks ND 58201 450255772 501(c)(3) 0 8500 General Support Walhalla Lutheran 416 Central Ave Walhalla ND 58282 450376780 501(c)(3) 0 7500 General Support Wellspring for the World PO Box 9993 Fargo ND 58106 203570846 501(c)(3) 0 7500 General Support City Of Cando-Park Board PO Box 396 Cando ND 58324 456006667 501(c)(3) 0 7000 General Support Turtle Mountain Animal Rescue PO Box 896 Rolla ND 58367 812435858 501(c)(3) 0 6500 General Support Legacy Children's Foundation 725 28th St N Fargo ND 581023140 453621605 501(c)(3) 0 6250 General Support Historical And Cultural Society Of Clay County 202 1st Ave N Moorhead MN 56560 416038553 501(c)(3) 0 6000 General Support 15 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 125200 0 12612 0 0 0 20819 0 9589 0 168220 0 0 0 Part I, Line 7 In 2021, Scott received a 10% bonus which was based on his base salary and a $600 Thanksgiving bonus. X 1 196525 Appraisal by expert 0 0 1 0 Part I, Column (b): The amount reported as the number of contributions or items contributed represents the number of contributors. Form 990, Part III, line 3 The LevelUp Fargo community collaborative movement, which was funded by a grant from the Substance Abuse and Mental Health Services Administration (SAMHSA), ended in September 2021. 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. 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 IX, line 11g Professional Fees: Program service expenses 2,878. Management and general expenses 244. Fundraising expenses 0. Total expenses 3,122. Consultants: Program service expenses 154,796. Management and general expenses 0. Fundraising expenses 0. Total expenses 154,796. Administrative Fees: Program service expenses 19,181. Management and general expenses 0. Fundraising expenses 0. Total expenses 19,181. 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