2015-02-11T15:58:53-06:00 2014-06-30 411397419 ABDO EICK & MEYERS LLP 11 CIVIC CENTER PLAZA SUITE 300 MANKATO MN 56001 990 2013-07-01 410011094 MANKATO AREA FOUNDATION MANK 5073454519 1560 ADAMS STREET NO STE 2 MANKATO MN 56001 RANDY FARROW TREASURER 5073451166 2015-01-29 1 CHRISTINE P POWERS CPA P01258282 5076252727 2015-01-29 2013 2016-03-07 17:11:31Z MICHAEL KARP 1560 ADAMS STREET NO STE 2 MANKATO MN 56001 482241 0 X WWW.MANKATOAREAFOUNDATION.COM X 1974 MN TO ENHANCE AND IMPROVE THE QUALITY OF LIFE IN MANKATO, MINNESOTA AREA. 23 23 4 0 0 0 1094524 218334 0 0 114400 162355 41872 44379 1250796 425068 103600 678867 0 0 82137 88068 0 0 15817 132896 161012 318633 927947 932163 -502879 4621212 5149048 247254 965545 4373958 4183503 THE FOUNDATION PROVIDES AN AVENUE OF GIVING FOR INDIVIDUALS AND GROUPS INTERESTED IN COMMUNITY ENRICHMENT. 0 0 746808 678867 MANKATO AREA FOUNDATION SERVES AS A LEADER AND RESOURCE TO ENRICH THE QUALITY OF LIFE IN GREATER MANKATO THROUGH VARIOUS GRANTMAKING PROGRAMS. WE CONSIDER A VARIETY OF PROGRAMS: PROGRAMS THAT EDUATE AND ENLIGHTEN AREA CITIZENS; CULTURAL PROJECTS THAT ENHANCE COMMUNITY INFRASTRUCTURE; PROJECTS THAT PROVIDE USEFUL IMPROVEMENTS TO RECREATIONAL/LEISURE ACTIVITIES FOR ALL MEMBERS OF THE COMMUNITY; AESTHETIC PROJECTS OF COMMUNITY SITES; AND PROGRAMS THAT WILL ASSIST IN PRODUCING EMPOWERED,ACTIVE COMPETENT CITIZENS WITHIN OUR COMMUNITY. 746808 1 1 0 0 0 1 0 0 0 1 1 1 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 6 0 1 4 1 0 0 0 0 0 0 0 0 X 23 23 0 0 0 0 0 0 0 1 1 0 0 1 0 0 0 1 0 0 MN X NANCY ZALLEK 5073894583 1560 ADAMS STREET SUITE 2 MANKATO MN 56001 X JESSICA BEYER SECRETARY; MARKETING CHAIR 1.50 X X 0 0 0 DENNIS DOTSON DIRECTOR 1.00 X 0 0 0 JOHN FALLENSTEIN DIRECTOR 0.50 X 0 0 0 RANDY FARROW PRESIDENT 2.00 X X 0 0 0 ANDREW THOM DIRECTOR 1.50 X 0 0 0 ELAINE LILLY DIRECTOR 1.50 X 0 0 0 JO GUCK BAILEY DIRECTOR 1.50 X 0 0 0 SUE OSTENDORF DIRECTOR 0.50 X 0 0 0 KURT MEYER DIRECTOR 0.50 X 0 0 0 ROD MEYER DIRECTOR 0.50 X 0 0 0 JANE SCHWICKERT DIRECTOR 0.50 X 0 0 0 BRYAN SOWERS DIRECTOR 1.50 X 0 0 0 CHAD SURPRENANT GRANTING CHAIR 1.50 X 0 0 0 DAVID WITTENBERG DIRECTOR 1.50 X 0 0 0 TONY FRENTZ DIRECTOR 0.50 X 0 0 0 RICHARD KAKELDEY DEVELOPMENT CHAIR 1.00 X 0 0 0 MICHAEL KARP TREASURER, FINANCE CHAIR 3.00 X X 0 0 0 BRIAN KOCH VICE PRESIDENT 0.50 X X 0 0 0 KATHY TRAUGER DIRECTOR 0.50 X 0 0 0 SHANNON GULLICKSON DIRECTOR 0.50 X 0 0 0 NANCY ZALLEK EXECUTIVE DIRECTOR 40.00 X 57180 0 0 57180 0 0 0 0 0 0 0 218334 218334 69491 69491 150037 57173 92864 92864 92864 ADMINISTRATIVE FEE 561000 44379 44379 44379 425068 44379 0 162355 648367 648367 30500 30500 58764 58764 20082 20082 2636 2636 6586 6586 17705 17705 9041 9041 39433 39433 8948 8948 5935 5935 8470 8470 1486 1486 3380 3380 2750 2750 OTHER EXPENSES 31933 31933 FUND RAISING DEVELOPMEN 15817 15817 MISCELLANEOUS 13556 9177 4379 MEMBERSHIPS 1485 1485 1073 1073 927947 746808 165322 15817 4657 608925 1256897 612051 17000 29609 14941 9483 8839 5458 2843819 3460178 490000 432827 4621212 5149048 3187 12094 200000 238844 748348 5223 5103 247254 965545 X 354627 402601 2349213 2056264 1670118 1724638 4373958 4183503 4621212 5149048 -502879 312424 0 X X 0 1 X 1 0 X 194453 352408 642510 1136396 262713 2588480 194453 352408 642510 1136396 262713 2588480 2588480 154030 52443 29914 62373 69491 368251 2956731 0.87550 0.87070 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 596003 1725702 0 0 0 238844 637878 128373 748349 1 X 1862687 287834 95321 2055200 1751879 214691 103883 1862687 1866115 4000 -67736 50500 1751879 1688902 326159 56715 73990 18241 1866115 1668543 140851 22000 72675 25817 1688902 0 0 14941 9483 5458 5458 CENTRAL MN COMMUNITY FOUNDATION 3048443 F US BANK DOTSON IPP 411735 F 3460178 LAND INVESTMENT 432827 432827 PAYROLL LIABILITY 5103 5103 X 693294 312424 312424 380870 9041 35157 44198 425068 883749 0 883749 9041 35157 44198 927947 PART IV, LINE 2B: THE FOUNDATION ACTS AS FISCAL SPONSOR FOR A NUMBER OF SMALLER ORGANIZATIONS. PART X, LINE 2: MAF 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 MAINTAINS EXEMPT STATUS UNDER THE FOUNDATIONS EXEMPTION SINCE THE FOUNDATION IS THE SOLE MEMBER OF MAF HOLDINGS. 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 LOSS ON INVESTMENT OF LAND PART XII, LINE 4B - OTHER ADJUSTMENTS: ADMINISTRATIVE FEES LOSS ON INVESTMENT OF LAND PART XII, LINE 4B AND PARK XIII LINE 4B ADMINISTRATIVE FEES 1 SOUTH CENTRAL COLLEGE FOUNDATION 1920 LEE BLVD MANKATO MN 56003 411649572 11000 $6000 SCHOLARSHIPS$5,000 PROGRAM EQUIPMENT MANKATO SYMPHONY ORCHESTRA PO BOX 645 MANKATO MN 560020645 237319396 3000 $3,000 ROCKIN' BY THE RIVER CONCERT YWCA OF MANKATO 500 S BROAD ST MANKATO MN 56001 410711619 6000 $6,000 PROJECT FOR GIRLS INC CITY CENTER PARTNERSHIP PO BOX 193 MANKATO MN 56001 410011094 3000 $3,000 TRAFFIC SIGNAL MURAL PROJECT NORTH MANKATO TAYLOR LIBRARY 1001 BELGRADE AVE NORTH MANKATO MN 56003 416005423 1600 $1,600 - BOOKMOBILE PUBLIC ACCESS COMPUTER JUNIOR ACHIEVEMENT 210 E LIME ST MANKATO MN 56001 411424988 3500 $3,500 - JA ITS MY FUTURE PROGRAM GREATER MANKATO GROWTH 1961 PREMIER DRIVE 100 MANKATO MN 56001 411446548 13000 $10,000 - ENVISION 2020 CONNECTING KIDS 110 FULTON ST MANKATO MN 56001 416000310 10000 $10,000 - CONNECTING KIDS PROGRAM MANKATO AREA COMMUNITY BAND 104 CHATSWORTH DR MANKATO MN 56001 263446710 1140 $1,140 - SUMMER CONCERTS IN THE PARK MANKATO WEST HIGH SCHOOL - DISTRICT #77 1351 S RIVERFRONT DR MANKATO MN 56001 416000310 2300 $2,300 - ROBOTICS PROGRAM MIRACLE LEAGUE OF NORTH MANKATO PO BOX 3361 MANKATO MN 560023361 260620854 4000 $4,000 - FACILITIES VINE FAITH IN ACTION 421 E HICKORY ST MANKATO MN 56001 411802861 15000 $15,000 - CAPITAL CAMPAIGN (NEW BUILDING) KIWANIS HOLIDAY LIGHTS 903 PARK LANE MANKATO MN 56001 53827 $53,527 - ICE SKATING RINK $300 - HOLIDAY LIGHTS FIXTURES CHILDRENS MUSEUM OF SOUTHERN MN 12 E WALNUT ST 210 MANKATO MN 56001 204351801 500000 $500,000 - NEW BUILDING UPGRADES BOY IN BLUE MEMORIAL PROJECT PO BOX 1105 MANKATO MN 560021105 5000 $5,000 - CIVIL WAR SYMPOSIUM CHILDRENS MUSEUM OF SOUTHERN MN 12 E WALNUT ST 210 MANKATO MN 56001 204351801 4000 $4000 - WHIZ BANG TINKER TABLE MINNESOTA STATE UNIVERSITY 228 WICKING CENTER MANKATO MN 56001 411687554 6000 $6000 - SCHOLARSHIPS MINNESOTA STATE SOUTHERN REGIONAL SCIENCE FAIR MSU AF121 MANKATO MN 56001 411687554 6000 $6,000 - REGIONAL SCIENCE FAIR SCHOLARSHIPS 30500 PART I, LINE 2: GRANTS - ALL SUCCESSFUL GRANTEES ARE REQUIRED TO SUBMIT A RECAP OF HOW THE FUNDS WERE USED UPON COMPLETION OF THEIR PROJECT. PROJECTS MUST HAVE A TIMELINE OF ONE YEAR OR LESS. SCHOLARSHIP APPLICANTS FOLLOW CRITERIA SET UP BY THE INDIVIDUAL ENDOWMENT. IN ADDITION THE FOUNDATION HAS A WRITTEN SCHOLARSHIP POLICY THAT IS FOLLOWED. FORM 990, PART VI, SECTION B, LINE 11 A COPY OF THE 990 RETURN IS EMAILED TO BOARD MEMBERS PRIOR TO FILING AND RECEIVES APPROVAL. FORM 990, PART VI, SECTION B, LINE 15A THE EXECUTIVE COMMITTEE HAS THE FINAL AUTHORITY TO DETERMINE COMPENSATION. INFORMATION IS PROVIDED UTILIZING COMPENSATION STUDY DONE BY THE MINNESOTA COUNCIL ON NONPROFITS. 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 REQUESTED ELECTRONICALLY. CURRENTLY OUR WEBSITE PROVIDES A COPY OF THE 990 RETURN AS WELL AS OTHER INFORMATION REGARDING THE ORGANIZATION. 990 PART XII, LINE 2C THERE HAS BEEN NO CHANGE TO THE PROCESS FROM PRIOR YEAR. AUDIT OVERSIGHT IS HANDLED BY THE FINANCE COMMITTEE; ULTIMATELY THE AUDIT IS PRESENTED TO THE FULL BOARD FOR APPROVAL.