2016-02-11T14:50:37-06:00 2015-06-30 410746749 CLIFTONLARSONALLEN LLP 220 SOUTH SIXTH STREET SUITE 300 MINNEAPOLIS MN 55402 990 2014-07-01 411878924 NORTHWESTERN FOUNDATION NORT 6516315100 3003 SNELLING AVENUE NORTH ST PAUL MN 55113 DOUGLAS R SCHROEDER TREASURER 6516315100 2016-02-01 1 KAREN GRIES P00078514 6123764500 2014 2016-04-25 22:37:26Z RONALD R HALVERSON 3003 SNELLING AVENUE NORTH ST PAUL MN 55113 2766486 0 X N/A X 1996 MN SECURE, RECEIVE & MANAGE PLANNED GIFTS ON BEHALF OF PUBLIC CHARITIES INCLUDING UNIVERSITY OF NORTHWESTERN - ST. PAUL. 9 8 0 9 0 0 425908 271491 0 0 265083 288304 60531 64030 751522 623825 285695 343654 0 0 0 0 0 0 0 180582 182138 466277 525792 285245 98033 6391332 6203760 1325609 1219001 5065723 4984759 TO SECURE, RECEIVE AND MANAGE PLANNED GIFTS ON BEHALF OF PUBLIC CHARITIES INCLUDING UNIVERSITY OF NORTHWESTERN - ST. PAUL, A CHRISTIAN, NOT-FOR-PROFIT EDUCATIONAL INSTITUTION. 0 0 343654 343654 0 TO SECURE, RECEIVE AND MANAGE PLANNED GIFTS ON BEHALF OF PUBLIC CHARITIES INLUDING UNIVERSITY OF NORTHWESTERN - ST. PAUL, A CHRISTIAN, NOT-FOR-PROFIT EDUCATIONAL INSTITUTION WITH A MISSION TO EQUIP BELIEVERS TO GROW INTELLECTUALLY AND SPIRITUALLY, TO SERVE EFFECTIVELY IN THEIR PROFESSIONS, AND TO GIVE GOD-HONORING LEADERSHIP IN THE HOME, CHURCH, COMMUNITY AND WORLD THROUGH CHRIST-CENTERED HIGHER EDUCATION AND MEDIA. AS A FOUNDATION ALSO SERVING THE COMMUNITY, THE FOUNDATION IS ABLE TO ASSIST IN CHARITABLE GIFT PLANNING THAT BENEFITS OTHER NOT-FOR-PROFIT ORGANIZATIONS WHOSE BELIEFS ARE NOT CONTRARY TO THE BELIEFS OR THE MISSION OF THE ORGANIZATION. 343654 1 1 0 0 0 1 0 0 0 1 0 0 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 X 9 8 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 0 0 0 MN X DOUGLAS R SCHROEDER 6516315100 3003 SNELLING AVENUE NORTH ST PAUL MN 55113 RONALD HALVERSON CHAIR 2.00 2.00 X X 0 0 0 NANCY JOHNSON SECRETARY 2.00 0.00 X X 0 0 0 DR ALAN CURETON DIRECTOR 2.00 45.00 X 0 319542 24538 STAN ERICKSON DIRECTOR 2.00 2.00 X 0 0 0 JOHN FORCE DIRECTOR 2.00 0.00 X 0 0 0 DARIN GLANZER DIRECTOR 2.00 0.00 X 0 0 0 GROVER SAYRE III DIRECTOR 2.00 2.00 X 0 0 0 DANIEL E STOLTZ DIRECTOR 2.00 2.00 X 0 0 0 KEVIN ZWART DIRECTOR 2.00 0.00 X 0 0 0 KIRBY STOLL VICE PRES. - FOUNDATION 9.00 31.00 X 0 79559 20060 DOUGLAS R SCHROEDER TREASURER 2.00 45.00 X 0 149093 20982 0 548194 65580 0 0 1 0 0 125001 146490 271491 177586 177586 2253379 2142661 110718 110718 110718 INVESTMENT MANAGEMENT 900099 64030 64030 64030 623825 0 0 352334 X 343654 343654 4830 4830 8948 8948 146445 146445 223 223 2980 2980 1406 1406 16623 16623 DUES AND SUBSCRIPTIONS 683 683 525792 343654 182138 0 514152 237080 412143 424185 5036936 5093019 200161 202490 227940 246986 6391332 6203760 1858 3187 1323751 1215814 1325609 1219001 X 1524812 1508958 684926 577222 2855985 2898579 5065723 4984759 6391332 6203760 X 98033 -165538 -13459 X 0 1 X 1 0 X 156487 397177 468789 425908 271491 1719852 156487 397177 468789 425908 271491 1719852 232513 1487339 135575 131527 158990 109674 177586 713352 52355 54971 57544 60531 64030 289431 2722635 0.54630 0.55980 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: INVESTMENT MANAGEMENT FEES - 2010 AMOUNT: $ 52,355. 2011 AMOUNT: $ 54,971. 2012 AMOUNT: $ 57,544. 2013 AMOUNT: $ 60,531. 2014 AMOUNT: $ 64,030. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 7 75790 180459 62646 1 1 3340322 78535 10684 135018 3294523 3053615 103564 319510 136367 3340322 2953945 62835 162053 125218 3053615 3215371 62898 9799 226123 108000 2953945 2669035 99226 485152 38042 3215371 0.24520 0.68080 0.07400 0 0 0 ANNUITY OBLIGATIONS 1210523 DUE TO RELATED ORGANIZATION 5291 1215814 X 444828 -165538 -165538 610366 13459 13459 623825 525792 0 525792 0 525792 PART V, LINE 4: ENDOWMENT FUNDS ARE INTENDED TO SUPPORT THE MISSION AND PROGRAMS OF UNIVERSITY OF NORTHWESTERN - ST. PAUL AND OTHER NOT-FOR-PROFIT ORGANIZATIONS. PART X, LINE 2: THE FOUNDATION IS A NOT-FOR-PROFIT ORGANIZATION WHICH IS EXEMPT UNDER SECTION 509(A)(1) OF THE INTERNAL REVENUE CODE AND IS CONSIDERED OTHER THAN A PRIVATE FOUNDATION. CHARITABLE GIFTS ARE THEREFORE CONSIDERED TAX DEDUCTIBLE. THE FOUNDATION'S TAX RETURNS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL, STATE, AND LOCAL AUTHORITIES. THE FOUNDATION HAS NOT BEEN EXAMINED FOR ANY OPEN YEARS. PART XI, LINE 4B - OTHER ADJUSTMENTS: CHANGE IN VALUE OF SPLIT INTEREST AGREEMENT 13,459. 1 UNIVERSITY OF NORTHWESTERN - ST PAUL 3003 SNELLING AVENUE NORTH ST PAUL MN 55113 410711610 501(C)(3) 293654 0 N/A N/A GENERAL OPERATING SUPPORT CHILDREN'S SHELTER OF CEBU PO BOX 247 CAMBRIDGE MN 55008 411330241 501(C)(3) 10000 0 N/A N/A GENERAL OPERATING SUPPORT CENTRAL BAPTIST CHURCH 420 ROY STREET NORTH ST PAUL MN 55104 410773758 501(C)(3) 40000 0 N/A N/A GENERAL OPERATING SUPPORT 3 0 PART I, LINE 2: THE FOUNDATION'S PRIMARY ASSISTANCE WAS TO UNIVERSITY OF NORTHWESTERN - ST. PAUL, UNDER COMMON LEADERSHIP. ADDITIONAL ASSISTANCE WAS PROVIDED TO BENEFIT LOCAL MINISTRIES. 0 0 0 0 0 0 0 0 0 DR ALAN CURETON DIRECTOR 0 240000 0 0 0 79542 0 12185 0 12353 0 344080 0 0 DOUGLAS R SCHROEDER TREASURER 0 149093 0 0 0 0 0 8843 0 12139 0 170075 0 0 PART I, LINE 3: THE COMPENSATION OF THE PRESIDENT AND OTHER OFFICERS OF NORTHWESTERN FOUNDATION IS DETERMINED BY UNIVERSITY OF NORTHWESTERN - ST. PAUL, A RELATED ORGANIZATION. THE FOLLOWING WERE USED BY UNIVERSITY OF NORTHWESTERN - ST. PAUL TO ESTABLISH THE COMPENSATION: 1. COMPENSATION SURVEY OR STUDY 2. APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE FORM 990, PART VI, SECTION A, LINE 6 THE SOLE MEMBER OF NORTHWESTERN FOUNDATION IS UNIVERSITY OF NORTHWESTERN - ST. PAUL, A MINNESOTA 501(C)(3) NONPROFIT ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 7A THE FOUNDATION'S BOARD OF DIRECTORS IS ELECTED BY THE BOARD OF DIRECTORS OF THE SOLE MEMBER, UNIVERSITY OF NORTHWESTERN - ST. PAUL. AT ALL TIMES, A MAJORITY OF THE FOUNDATION'S BOARD OF DIRECTORS MUST BE COMPRISED OF INDIVIDUALS SERVING CONCURRENTLY ON THE BOARD OF DIRECTORS OF UNIVERSITY OF NORTHWESTERN - ST. PAUL. FORM 990, PART VI, SECTION A, LINE 7B THE SOLE MEMBER HAS THE POWER AND RIGHT TO APPROVE OR REJECT OR CONSENT WITH RESPECT TO THE FOLLOWING MATTERS: 1. ADOPTION AND IMPLEMENTATION OF ANNUAL OPERATING AND CAPITAL BUDGETS. 2. CAPITAL EXPENDITURES IN EXCESS OF $750,000. 3. SALE OR TRANSFER OF ASSETS OTHER THAN IN THE ORDINARY COURSE OF BUSINESS. 4. INCURRENCE OF DEBT. 5. COMPENSATION OF OFFICERS. 6. ADOPTION AND MODIFICATION OF EMPLOYEE BENEFIT PLANS. 7. APPOINTMENT OF THE CHIEF EXECUTIVE OFFICER. 8. AMENDMENT OF THE ARTICLES OF INCORPORATION OR BYLAWS. FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 WAS REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C NORTHWESTERN FOUNDATION'S CONFLICT OF INTEREST POLICY APPLIES TO ALL BOARD MEMBERS, OFFICERS AND KEY EMPLOYEES. THE BOARD OF DIRECTORS SIGN A CONFLICT OF INTEREST POLICY ON AN ANNUAL BASIS. FOR BOARD MEMBERS, THE MATERIAL FACTS AS TO A CONTRACT OR TRANSACTION AND AS TO THE DIRECTOR'S INTEREST MUST BE FULLY DISCLOSED OR KNOWN TO THE FOUNDATION'S BOARD OF DIRECTORS PRIOR TO APPROVAL OF SUCH CONTRACT OR TRANSACTION, AND THE INTERESTED DIRECTOR MAY NOT BE COUNTED IN DETERMINING THE PRESENCE OF A QUORUM AND MAY NOT VOTE. IF AN EMPLOYEE HAS ANY INFLUENCE OVER TRANSACTIONS, PURCHASES, CONTRACTS, OR LEASES INVOLVING A CONFLICT OF INTEREST OR IF THE EMPLOYEE'S RELATIONSHIP WITH SUCH ORGANIZATION COULD REASONABLY BE PERCEIVED AS CONFLICTING WITH THE INTERESTS OF NORTHWESTERN FOUNDATION, THE EMPLOYEE IS REQUIRED TO DISCLOSE THE RELATIONSHIP TO AN OFFICER AS SOON AS POSSIBLE SO THAT SAFEGUARDS CAN BE ESTABLISHED TO PROTECT ALL PARTIES. ALL PROCEEDINGS ARE DOCUMENTED IN THE MEETING MINUTES. FORM 990, PART VI, SECTION C, LINE 19 THE FOUNDATION DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY OR FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. FORM 990, PART IX, LINE 11G OTHER PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 146,445. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 146,445. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS -13,459. UNIVERSITY OF NORTHWESTERN - ST PAUL 3003 SNELLING AVENUE NORTH ST PAUL MN 55113 410711610 EDUCATION MN 501(C)(3) LINE 2 N/A 0 CHARITABLE REMAINDER TRUSTS (2) TRUSTS MN NORTHWESTERN FOUNDATION T 1 0 1 1 0 0 0 0 0 0 0 1 1 1 1 1 1 1 0 0