MANKATO AREA FOUNDATION: Form 990, tax year 2015
View the entire original 990 at ProPublica ↗
- Organization
- MANKATO AREA FOUNDATION (EIN 41-0011094)
- Tax period
- 2015-07-01 to 2016-06-30
- Filed
- 2017-05-12
- IRS object ID
- 201701329349306815
- Schema version
- 2015v3.0
- 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 | 2017-05-12T16:35:22-05:00 | ReturnTs |
| Tax Period End | 2016-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 411397419 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Abdo Eick & Meyers LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 100 Warren St Ste 600 | AddressLine1Txt |
| City | Mankato | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 56001 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2015-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 410011094 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Mankato Area Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | MANK | BusinessNameControlTxt |
| Phone | 5073894583 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 127 South Second Street No 100 | AddressLine1Txt |
| City | Mankato | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 56001 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Randy Farrow | PersonNm |
| Person Title | Treasurer | PersonTitleTxt |
| Phone | 5073451166 | PhoneNum |
| Signature | 2017-05-08 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Christine P Powers CPA | PreparerPersonNm |
| PTIN | P01258282 | PTIN |
| Phone | 5076252727 | PhoneNum |
| Preparation | 2017-05-08 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2015 | TaxYr |
| Build TS | 2021-01-29 14:40:06Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | Michael Karp | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 127 South Second Street No 100 | AddressLine1Txt |
| City | Mankato | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 56001 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $1,240,714 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | www.mankatoareafoundation.com | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1974 | FormationYr |
| Legal Domicile State | MN | LegalDomicileStateCd |
| Activity Or Mission | To enhance and improve the quality of life in Mankato, Minnesota area. | ActivityOrMissionDesc |
| Voting Members Governing Body | 18 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 18 | VotingMembersIndependentCnt |
| Total Employee | 5 | TotalEmployeeCnt |
| Total Volunteers | 50 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $6,492,317 | PYContributionsGrantsAmt |
| CY Contributions Grants | $821,089 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $0 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $108,326 | CYProgramServiceRevenueAmt |
| PY Investment Income | $1,012,336 | PYInvestmentIncomeAmt |
| CY Investment Income | $311,299 | CYInvestmentIncomeAmt |
| PY Other Revenue | $92,021 | PYOtherRevenueAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $7,596,674 | PYTotalRevenueAmt |
| CY Total Revenue | $1,240,714 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $392,781 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $482,450 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $101,781 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $141,537 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $56,561 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $215,007 | PYOtherExpensesAmt |
| CY Other Expenses | $271,599 | CYOtherExpensesAmt |
| PY Total Expenses | $709,569 | PYTotalExpensesAmt |
| CY Total Expenses | $895,586 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $6,887,105 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $345,128 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $11,451,856 | TotalAssetsBOYAmt |
| Total Assets EOY | $11,464,459 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $1,177,911 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $1,145,214 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $10,273,945 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $10,319,245 | NetAssetsOrFundBalancesEOYAmt |
| Mission | The Foundation provides a resource to support philanthropic interests of donors to make a difference in building a strong community. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $632,143 | ExpenseAmt |
| Grant | $482,450 | GrantAmt |
| Desc | Mankato Area Foundation is a trusted resource to pair donor giving with community initiatives to build a vibrant and strong community. The foundation funds non-profit agencies through community grants in four core areas: 1) Education and community development; 2) Recreation - additions and improvements to recreational and leisure activities in the community; 3) Enhance projects for arts & culture in the community; and 4) Aesthetic projects in the greater Mankato community. | Desc |
| Total Program Service Expenses | $632,143 | 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 | Yes (1) | CreditCounselingInd |
| Temp Or Permanent Endowments | Yes (1) | TempOrPermanentEndowmentsInd |
| 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 | Yes (1) | 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 With Officer Ent | 0 | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | 0 | 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 | 41 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 5 | 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 |
| DAF Excess Business Holdings | 0 | DAFExcessBusinessHoldingsInd |
| Taxable Distributions | 0 | TaxableDistributionsInd |
| Distribution To Donor | 0 | DistributionToDonorInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 18 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 18 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | 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 | 0 | WhistleblowerPolicyInd |
| Document Retention Policy | 0 | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | 0 | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | MN | StatesWhereCopyOfReturnIsFldCd |
| Own Website | Yes (X) | OwnWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Nancy Zallek | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 5073894583 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 127 S 2nd St Suite 100 | AddressLine1Txt |
| City | Mankato | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 56001 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (19 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt |
|---|---|---|---|---|---|---|
| ANDREW WILLAERT | ||||||
| SECRETARY | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| ANDREW THOM | ||||||
| VICE PRESIDENT | 1.50 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| JO GUCK BAILEY | ||||||
| DIRECTOR | 1.50 | Yes (X) | $0 | $0 | $0 | |
| DAVID WITTENBERG | ||||||
| DIRECTOR | 1.50 | Yes (X) | $0 | $0 | $0 | |
| MICHAEL KARP | ||||||
| TREASURER | 3.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| BRIAN KOCH | ||||||
| PRESIDENT | 0.50 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| SHANNON GULLICKSON | ||||||
| DIRECTOR | 0.50 | Yes (X) | $0 | $0 | $0 | |
| JERRY CREST | ||||||
| DIRECTOR | 0.50 | Yes (X) | $0 | $0 | $0 | |
| JIM SANTORI | ||||||
| DIRECTOR | 0.50 | Yes (X) | $0 | $0 | $0 | |
| FRED LUTZ | ||||||
| DIRECTOR | 0.50 | Yes (X) | $0 | $0 | $0 | |
| LOUISE DICKMEYER | ||||||
| DIRECTOR | 0.50 | Yes (X) | $0 | $0 | $0 | |
| STEVE JANSEN | ||||||
| DIRECTOR | 0.50 | Yes (X) | $0 | $0 | $0 | |
| DICK KAKELDEY | ||||||
| DIRECTOR | 0.50 | Yes (X) | $0 | $0 | $0 | |
| LYNN SCHULTZ | ||||||
| DIRECTOR | 0.50 | Yes (X) | $0 | $0 | $0 | |
| TOM SERNETT | ||||||
| DIRECTOR | 0.50 | Yes (X) | $0 | $0 | $0 | |
| KATHY TRAUGER | ||||||
| DIRECTOR | 0.50 | Yes (X) | $0 | $0 | $0 | |
| MELANIE VANROEKEL | ||||||
| DIRECTOR | 0.50 | Yes (X) | $0 | $0 | $0 | |
| BUSTER WEST | ||||||
| DIRECTOR | 0.50 | Yes (X) | $0 | $0 | $0 | |
| NANCY ZALLEK | ||||||
| EXECUTIVE DIRECTOR | 40.00 | Yes (X) | $64,417 | $0 | $0 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $64,417 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $0 | 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 | $821,089 | AllOtherContributionsAmt |
| Total Contributions | $821,089 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Administrative Fees | Desc |
| Business | 561000 | BusinessCd |
| Total Revenue Column | $108,326 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $108,326 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $108,326 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $210,192 | TotalRevenueColumnAmt |
| Exclusion | $210,192 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $101,107 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $0 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $101,107 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $101,107 | TotalRevenueColumnAmt |
| Exclusion | $101,107 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,240,714 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $108,326 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $311,299 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part IX | Yes (X) | InfoInScheduleOPartIXInd |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $482,450 | TotalAmt |
| Program Services | $482,450 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $76,560 | TotalAmt |
| Program Services | $26,796 | ProgramServicesAmt |
| Management And General | $22,968 | ManagementAndGeneralAmt |
| Fundraising | $26,796 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $48,674 | TotalAmt |
| Program Services | $21,723 | ProgramServicesAmt |
| Management And General | $22,451 | ManagementAndGeneralAmt |
| Fundraising | $4,500 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,933 | TotalAmt |
| Program Services | $2,150 | ProgramServicesAmt |
| Management And General | $3,583 | ManagementAndGeneralAmt |
| Fundraising | $2,200 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,370 | TotalAmt |
| Program Services | $3,265 | ProgramServicesAmt |
| Management And General | $3,010 | ManagementAndGeneralAmt |
| Fundraising | $2,095 | FundraisingAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,750 | TotalAmt |
| Program Services | $2,750 | ProgramServicesAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $34,228 | TotalAmt |
| Program Services | $10,300 | ProgramServicesAmt |
| Management And General | $21,428 | ManagementAndGeneralAmt |
| Fundraising | $2,500 | FundraisingAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $102,380 | TotalAmt |
| Program Services | $5,422 | ProgramServicesAmt |
| Management And General | $96,958 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $11,699 | TotalAmt |
| Program Services | $1,936 | ProgramServicesAmt |
| Management And General | $4,920 | ManagementAndGeneralAmt |
| Fundraising | $4,843 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,032 | TotalAmt |
| Program Services | $35 | ProgramServicesAmt |
| Management And General | $9,997 | ManagementAndGeneralAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,083 | TotalAmt |
| Program Services | $2,083 | ProgramServicesAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $16,639 | TotalAmt |
| Program Services | $8,500 | ProgramServicesAmt |
| Management And General | $8,139 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,376 | TotalAmt |
| Management And General | $1,376 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $36,104 | TotalAmt |
| Program Services | $33,392 | ProgramServicesAmt |
| Management And General | $2,712 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,049 | TotalAmt |
| Program Services | $1,957 | ProgramServicesAmt |
| Management And General | $3,842 | ManagementAndGeneralAmt |
| Fundraising | $250 | FundraisingAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | FundraisingFundraisingAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|---|
| Real Estate Taxes | $21,274 | $21,274 | ||
| Fund Raising Developmen | $12,977 | $12,977 | ||
| Repairs & Supplies | $7,205 | $7,205 | ||
| Board of Dir Expense | $3,210 | $200 | $400 | $2,610 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,593 | TotalAmt |
| Program Services | $705 | ProgramServicesAmt |
| Management And General | $2,888 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $895,586 | TotalAmt |
| Program Services | $632,143 | ProgramServicesAmt |
| Management And General | $206,882 | ManagementAndGeneralAmt |
| Fundraising | $56,561 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $316,565 | BOYAmt |
| EOY | $4,115 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $238,537 | BOYAmt |
| EOY | $375,133 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $26,540 | BOYAmt |
| EOY | $25,709 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,813 | BOYAmt |
| EOY | $1,787 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $1,331,645 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $58,965 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $809,023 | BOYAmt |
| EOY | $1,272,680 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,625,551 | BOYAmt |
| EOY | $9,352,208 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $432,827 | BOYAmt |
| EOY | $432,827 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,451,856 | BOYAmt |
| EOY | $11,464,459 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $62,681 | BOYAmt |
| EOY | $27,226 | EOYAmt |
Grants Payable GrantsPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $100,000 | EOYAmt |
Escrow Account Liability EscrowAccountLiabilityGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,107,879 | BOYAmt |
| EOY | $1,000,415 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,351 | BOYAmt |
| EOY | $17,573 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,177,911 | BOYAmt |
| EOY | $1,145,214 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,091,416 | BOYAmt |
| EOY | $1,384,782 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,475,951 | BOYAmt |
| EOY | $7,227,885 | EOYAmt |
Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,706,578 | BOYAmt |
| EOY | $1,706,578 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,273,945 | BOYAmt |
| EOY | $10,319,245 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,451,856 | BOYAmt |
| EOY | $11,464,459 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $345,128 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$268,366 | NetUnrlzdGainsLossesInvstAmt |
| Investment Expense | -$31,462 | InvestmentExpenseAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| 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 | $642,510 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1,136,396 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $262,713 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $2,803,513 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $821,089 | CurrentTaxYearAmt |
| Total | $5,666,221 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $642,510 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1,136,396 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $262,713 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $2,803,513 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $821,089 | CurrentTaxYearAmt |
| Total | $5,666,221 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $2,680,685 | SubstantialContributorsTotAmt |
| Public Support Total170 | $2,985,536 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $29,914 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $62,373 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $69,491 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $191,437 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $210,192 | CurrentTaxYearAmt |
| Total | $563,407 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $6,229,628 | TotalSupportAmt |
| Public Support CY170 | 0.47920 | PublicSupportCY170Pct |
| Public Support PY170 | 0.45690 | 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 | 27 | DonorAdvisedFundsHeldCnt |
| Donor Advised Funds Contri | $819,589 | DonorAdvisedFundsContriAmt |
| Donor Advised Funds Grants | $913,789 | DonorAdvisedFundsGrantsAmt |
| Donor Advised Funds Vl EOY | $7,006,796 | DonorAdvisedFundsVlEOYAmt |
| Disclosed Org Leg Ctrl | Yes (1) | DisclosedOrgLegCtrlInd |
| Disclosed For Charitable Prps | Yes (1) | DisclosedForCharitablePrpsInd |
| Agent Trustee Etc | 0 | AgentTrusteeEtcInd |
| Beginning Balance | $1,107,879 | BeginningBalanceAmt |
| Additions During Year | $121,787 | AdditionsDuringYearAmt |
| Distributions During Year | $229,251 | DistributionsDuringYearAmt |
| Ending Balance | $1,000,415 | EndingBalanceAmt |
| Incl Escrow Custodial Acct Liab | Yes (1) | InclEscrowCustodialAcctLiabInd |
| Explanation Provided | Yes (X) | ExplanationProvidedInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $1,976,541 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | -$19,636 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $29,238 | GrantsOrScholarshipsAmt |
| End Year Balance | $1,927,667 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $2,055,200 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $16,529 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $95,188 | GrantsOrScholarshipsAmt |
| End Year Balance | $1,976,541 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $1,862,687 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $287,834 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $95,321 | GrantsOrScholarshipsAmt |
| End Year Balance | $2,055,200 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $1,751,879 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $214,691 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $103,883 | GrantsOrScholarshipsAmt |
| End Year Balance | $1,862,687 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $1,866,115 | BeginningYearBalanceAmt |
| Contributions | $4,000 | ContributionsAmt |
| Investment Earnings Or Losses | -$67,736 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $50,500 | GrantsOrScholarshipsAmt |
| End Year Balance | $1,751,879 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Prmnnt Endowment Balance EOY | 0.89000 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.11000 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,290,846 | OtherCostOrOtherBasisAmt |
| Depreciation | $39,482 | DepreciationAmt |
| Book Value | $1,251,364 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $40,799 | OtherCostOrOtherBasisAmt |
| Depreciation | $19,483 | DepreciationAmt |
| Book Value | $21,316 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $1,272,680 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)
| DescDesc | AmtAmt |
|---|---|
| Payroll Liabilities | $8,344 |
| Other Liabilities | $9,229 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $17,573 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $843,928 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | -$268,366 | NetUnrealizedGainsInvstAmt |
| Revenue Not Reported | -$268,366 | RevenueNotReportedAmt |
| Revenue Subtotal | $1,112,294 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $31,462 | InvestmentExpensesNotIncldAmt |
| Other Revenues Not Included | $96,958 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $128,420 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $1,240,714 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $798,628 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Not Reported | $0 | ExpensesNotReportedAmt |
| Expenses Subtotal | $798,628 | ExpensesSubtotalAmt |
| Other Expenses Not Included | $96,958 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $96,958 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $895,586 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part IV, Line 2b: | The foundation acts as a fiscal sponsor for community enrichment projects. |
| Part V, Line 4: | Earnings from endowment funds are used for community granting to non-profit organizations. |
| Part X, Line 2: | Mankato Area Foundation (Foundation) is organized as a Minnesota nonprofit corporation and has been recognized by the Internal Revenue Service (IRS) as exempt from federal income taxes under Section 501(c)(3) of the Internal Revenue Code. MAF Holdings, LLC maintains exempt status under the the tax exemption of the Foundation since the Foundation is the sole member of MAF Holdings, LLC. The Foundation is annually required to file a Return of Organization Exempt from Income Tax (Form 990) with the IRS. In addition, the Foundation is subject to income tax on net income that is derived from business activities that are unrelated to the exempt purpose. The Foundation has determined it is not subject to unrelated business income tax and has not filed an Exempt Organization Business Income Tax Return (Form 990-T) with the IRS. The Foundation believes that it has appropriate support for any tax positions taken affecting its annual filing requirements, and as such, does not have any uncertain tax positions that are material to the financial statements. The Foundation would recognize future accrued interest and penalties related to unrecognized tax benefits and liabilities in income tax expense if such interest and penalties are incurred. |
| Part XI, Line 4b - Other Adjustments: | Administrative Fees |
| Part XII, Line 4b - Other Adjustments: | Administrative Fees |
| PART XII, LINE 4B AND PARK XIII LINE 4B | Administrative Fees |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (23 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Purpose Of GrantPurposeOfGrantTxt |
|---|---|---|---|---|---|---|---|
| SOUTH CENTRAL COLLEGE FOUNDATION | |||||||
| 1920 LEE BLVD | MANKATO | MN | 56003 | 411649572 | 501(C)(3) | $6,500 | SCHOLARSHIPS |
| MANKATO SYMPHONY ORCHESTRA | |||||||
| PO BOX 645 | MANKATO | MN | 560020645 | 237319396 | 501(C)(3) | $5,000 | PROGRAM ASSISTANCE |
| YWCA OF MANKATO | |||||||
| 500 S BROAD ST | MANKATO | MN | 56001 | 410711619 | 501(C)(3) | $77,008 | PROGRAM ASSISTANCE |
| CITY CENTER PARTNERSHIP | |||||||
| PO BOX 193 | MANKATO | MN | 56001 | 410011094 | 501(C)(6) | $6,000 | PROGRAM ASSISTANCE |
| JUNIOR ACHIEVEMENT | |||||||
| 210 E LIME ST | MANKATO | MN | 56001 | 411424988 | 501(C)(3) | $11,100 | PROGRAM ASSISTANCE |
| CHILDRENS MUSEUM OF SOUTHERN MN | |||||||
| 224 LAMM ST | MANKATO | MN | 56001 | 204351801 | 501(C)(3) | $27,000 | PROGRAM ASSISTANCE |
| MINNESOTA STATE UNIVERSITY FOUNDATION | |||||||
| 128 ALUMNI FOUNDATION CENTER | MANKATO | MN | 56001 | 411687554 | 501(C)(3) | $55,992 | PROGRAM ASSISTANCE / SCHOLARSHIPS |
| COLORADO STATE UNIVERSITY FOUNDATION | |||||||
| COLLEGE OF LIBERAL ARTS | FT COLLINS | CO | 80521 | 237098397 | 501(C)(3) | $11,500 | SCHOLARSHIPS |
| EDUCARE FOUNDATION | |||||||
| PO BOX 241 | MANKATO | MN | 56001 | 411745553 | 501(C)(3) | $10,000 | PROGRAM ASSISTANCE |
| GREATER MANKATO DIVERSITY COUNCIL | |||||||
| PO BOX 166 | MANKATO | MN | 56001 | 204627525 | 501(C)(3) | $5,000 | PROGRAM ASSISTANCE |
| LAKE CRYSTAL AREA RECREATION CENTER | |||||||
| 621 W NATHAN ST | LAKE CRYSTAL | MN | 56055 | 411867907 | 501(C)(3) | $8,000 | PROGRAM ASSISTANCE |
| LEEP INC (LEISURE EDUCATION FOR EXCEPTIONAL PEOPLE) | |||||||
| 929 N 4TH ST | MANKATO | MN | 56001 | 411403190 | 501(C)(3) | $5,000 | TECHNOLOGY UPGRADE |
| MANKATO AREA PUBLIC SCHOOLS ISD 77 | |||||||
| 110 FULTON ST | MANKATO | MN | 56001 | 416000310 | PUBLIC SCHOOL | $18,000 | CONNECTING KIDS PROGRAM |
| FEEDING OUR COMMUNITIES PARTNERS | |||||||
| PO BOX 5275 | MANKATO | MN | 56001 | 272374187 | 501(C)(3) | $16,250 | PROGRAM ASSISTANCE |
| GUSTAVUS ADOLPHUS COLLEGE | |||||||
| 800 W COLLEGE AVE | ST PETER | MN | 56082 | 410695524 | 501(C)(3) | $10,000 | NOBEL CONFERENCE |
| LIFEWORKS SERVICES INC | |||||||
| 2965 LONE OAK DR 160 | EAGAN | MN | 55121 | 410907857 | 501(C)(3) | $5,000 | PROGRAM ASSISTANCE |
| MAYO CLINIC HEALTH SYSTEM - MANKATO | |||||||
| 101 MARTIN LUTHER KING JR DR | MANKATO | MN | 56001 | 411236756 | 501(C)(3) | $5,000 | PROGRAM ASSISTANCE |
| MRCI WORKSOURCE | |||||||
| 15 MAP DR | MANKATO | MN | 56001 | 410736870 | 501(C)(3) | $5,000 | PROGRAM ASSISTANCE |
| SPARE KEY | |||||||
| 2021 E HENNIPIN AVE 475 | MINNEAPOLIS | MN | 55413 | 411888767 | 501(C)(3) | $5,000 | PROGRAM ASSISTANCE |
| TWIN RIVERS COUNCIL FOR THE ARTS | |||||||
| 523 S SECOND ST | MANKATO | MN | 56001 | 200814939 | 501(C)(3) | $7,500 | PROGRAM ASSISTANCE |
| TWIN VALLEY COUNCIL INC BOY SCOUTS OF AMERICA | |||||||
| 810 E MADISON AVE | MANKATO | MN | 56001 | 416079300 | 501(C)(3) | $5,000 | PROGRAM ASSISTANCE |
| VINE FAITH IN ACTION | |||||||
| 421 E HICKORY ST | MANKATO | MN | 56001 | 411802861 | 501(C)(3) | $14,000 | PROGRAM ASSISTANCE |
| WASECA-LESUEUR REGIONAL LIBRARY SYSTEM | |||||||
| 408 N STATE ST | WASECA | MN | 56093 | 900227832 | 501(C)(3) | $5,000 | PROGRAM ASSISTANCE |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part I, Line 2: | FormAndLineReferenceDesc |
| Explanation | Grants - All successful grantees are requested to submit a report describing how funds were used upon completion of their project. Projects must have a timeline for completion of one year or less. Scholarship applicants follow criteria established by the orginal donor and MAF application process. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, Part VI, Section B, line 11 | A copy of the 990 return is emailed to board members prior to e-filing to receive approval to file. |
| Form 990, Part VI, Section B, line 12c | Written document requested from all directors at annual meeting per the internal policy was followed. |
| Form 990, Part VI, Section B, line 15a | The executive committee acts as personnel committee to determine compensation. Information is provided to board for approval as part of annual budget. From the compensation study done by the Minnesota Council on NonProfits along with comparison to similar community foundations in the state, the committee substantiates all information in its minutes. |
| Form 990, Part VI, Section C, line 19 | Documents are provided upon request either in person or via electronic submission. Currently the website provides a copy of the 990 return, other information regarding the organization and annual report. |
| Form 990, Part IX, line 11g | Administrative Fees: Program service expenses 0. Management and general expenses 96,958. Fundraising expenses 0. Total expenses 96,958. Grant administrative expense: Program service expenses 5,422. Management and general expenses 0. Fundraising expenses 0. Total expenses 5,422. |
| PART XII, LINE 2C | There has been no change in the process from the prior year. Audit report is reviewed and approved by the finance committee; the audit is presented to the full board of directors for approval. |