LOURDES FOUNDATION INC: Form 990, tax year 2012

View the entire original 990 at ProPublica ↗

Organization: LOURDES FOUNDATION INC (EIN 23-7367336)
Tax period: 2012-07-01 to 2013-06-30
Filed: 2013-11-15
IRS object ID: 201323199349301962
Schema version: 2012v2.1
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
Form 990
Schedule A
Schedule B
Schedule D
Schedule I
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2013-11-15T08:39:27-06:00	Timestamp
Tax Period End Date	2013-06-30	TaxPeriodEndDate

Preparer Firm PreparerFirm

Field	Value	IRS element (for citing)
EIN	411489071	EIN

Preparer Firm Business Name PreparerFirmBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	SMITH SCHAFER AND ASSOC LTD	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	220 SOUTH BROADWAY SUITE 102	AddressLine1
City	ROCHESTER	City
State	MN	State
ZIP Code	55904	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990	ReturnType
Tax Period Begin Date	2012-07-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	237367336	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	LOURDES FOUNDATION INC	BusinessNameLine1

Field	Value	IRS element (for citing)
Name Control	LOUR	NameControl
Phone	5072892584	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	1710 INDUSTRIAL DRIVE NW	AddressLine1
City	ROCHESTER	City
State	MN	State
ZIP Code	55901	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	KAREN PETERSEN	Name
Title	PRESIDENT	Title
Phone	5072892584	Phone
Date Signed	2013-11-14	DateSigned
Authorize Third Party	1	AuthorizeThirdParty

Preparer Preparer

Field	Value	IRS element (for citing)
Name	THOMAS H WENTE	Name
PTIN	P00029973	PTIN
Phone	5072883277	Phone
Date Prepared	2013-11-14	DatePrepared

Field	Value	IRS element (for citing)
Tax Year	2012	TaxYear
Build TS	2015-11-30 17:44:51Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Address Change	X	AddressChange
Name Of Principal Officer Person	KAREN PETERSEN	NameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

Field	Value	IRS element (for citing)
Address Line1	1710 INDUSTRIAL DRIVE NW	AddressLine1
City	ROCHESTER	City
State	MN	State
ZIP Code	55901	ZIPCode

Field	Value	IRS element (for citing)
Gross Receipts	4614608	GrossReceipts
Group Return For Affiliates	0	GroupReturnForAffiliates
Organization501c3	X	Organization501c3
Web Site	WWW.LOURDESFOUNDATION.ORG	WebSite
Type Of Organization Corporation	X	TypeOfOrganizationCorporation
Year Formation	1974	YearFormation
State Legal Domicile	MN	StateLegalDomicile
Activity Or Mission Description	LOURDES FOUNDATION ATTRACTS, MANAGES, AND CHANNELS PHILANTHROPIC RESOURCES TO ENSURE A VITAL CATHOLIC EDUCATION AT LOURDES HIGH SCHOOL.	ActivityOrMissionDescription
Nbr Voting Members Governing Body	16	NbrVotingMembersGoverningBody
Nbr Independent Voting Members	16	NbrIndependentVotingMembers
Total Nbr Employees	3	TotalNbrEmployees
Total Nbr Volunteers	60	TotalNbrVolunteers
Total Gross UBI	0	TotalGrossUBI
Net Unrelated Business Txbl Income	0	NetUnrelatedBusinessTxblIncome
Contributions Grants Prior Year	168621	ContributionsGrantsPriorYear
Contributions Grants Current Year	332619	ContributionsGrantsCurrentYear
Program Service Revenue Prior Year	0	ProgramServiceRevenuePriorYear
Program Service Revenue CY	0	ProgramServiceRevenueCY
Investment Income Prior Year	177750	InvestmentIncomePriorYear
Investment Income Current Year	2533442	InvestmentIncomeCurrentYear
Other Revenue Prior Year	13675	OtherRevenuePriorYear
Other Revenue Current Year	12987	OtherRevenueCurrentYear
Total Revenue Prior Year	360046	TotalRevenuePriorYear
Total Revenue Current Year	2879048	TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year	142865	GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY	2850730	GrantsAndSimilarAmntsCY
Benefits Paid To Members Prior Year	0	BenefitsPaidToMembersPriorYear
Benefits Paid To Members CY	0	BenefitsPaidToMembersCY
Salaries Etc Prior Year	133556	SalariesEtcPriorYear
Salaries Etc Current Year	133159	SalariesEtcCurrentYear
Total Prof Fundrsng Exp Prior Year	0	TotalProfFundrsngExpPriorYear
Total Prof Fundrsng Exp CY	0	TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year	47983	TotalFundrsngExpCurrentYear
Other Expense Prior Year	251628	OtherExpensePriorYear
Other Expenses Current Year	126567	OtherExpensesCurrentYear
Total Expenses Prior Year	528049	TotalExpensesPriorYear
Total Expenses Current Year	3110456	TotalExpensesCurrentYear
Revenues Less Expenses Prior Year	-168003	RevenuesLessExpensesPriorYear
Revenues Less Expenses CY	-231408	RevenuesLessExpensesCY
Total Assets BOY	5217687	TotalAssetsBOY
Total Assets EOY	5139116	TotalAssetsEOY
Total Liabilities BOY	10239	TotalLiabilitiesBOY
Total Liabilities EOY	10145	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	5207448	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	5128971	NetAssetsOrFundBalancesEOY
Info In Schedule O Part III	X	InfoInScheduleOPartIII
Mission Description	LOURDES FOUNDATION ATTRACTS, MANAGES AND CHANNELS PHILANTHROPIC RESOURCES TO ENSURE A VITAL CATHOLIC EDUCATION AT LOURDES HIGH SCHOOL.	MissionDescription
Significant New Program Services	0	SignificantNewProgramServices
Significant Change	0	SignificantChange
Expense	2695000	Expense
Grants	2695000	Grants
Description	LOURDES HIGH SCHOOL BUILDING EXPANSION FUNDS RELEASED	Description

Activity2 Activity2

Field	Value	IRS element (for citing)
Expense	155730	Expense
Grants	155730	Grants
Description	SCHOLARSHIPS PROGRAM - AWARDED $155,730 TO LOURDES HIGH SCHOOL TO BE AWARDED TO A TOTAL OF 93 STUDENTS BASED ON FINANCIAL NEED ASSESSMENTS	Description

Activity3 Activity3

Field	Value	IRS element (for citing)
Expense	88031	Expense
Description	ALUMNI ASSOCIATION SUPPORT - DURING 2012 ASSISTED WITH 14 CLASS REUNIONS WITH 1,997 LOURDES HIGH SCHOOL CLASSMATES GETTING RECONNECTED, SPONSORED THE ANNUAL 'DISTINGUISHED ALUMNI SPEAKER' EVENT, AND HOSTED A 'POST HOMECOMING GAME PARTY' AT LOURDES HIGH SCHOOL	Description

Activity Other ActivityOther

Field	Value	IRS element (for citing)
Expense	66183	Expense
Description	SUPPORT OF LOURDES HIGH SCHOOL STUDENT ACTIVITIES AND OPERATING EXPENSES	Description

Field	Value	IRS element (for citing)
Total Of Other Program Service Exp	66183	TotalOfOtherProgramServiceExp
Total Program Service Expense	3004944	TotalProgramServiceExpense
Described In501 C3	1	DescribedIn501C3
Schedule B Required	1	ScheduleBRequired
Political Activities	0	PoliticalActivities
Lobbying Activities	0	LobbyingActivities
Subject To Proxy Tax	0	SubjectToProxyTax
Donor Advised Funds	0	DonorAdvisedFunds
Conservation Easements	0	ConservationEasements
Collections Of Art	0	CollectionsOfArt
Credit Counseling	0	CreditCounseling
Term Or Permanent Endowments	1	TermOrPermanentEndowments
Report Land Bldg Equip	1	ReportLandBldgEquip
Report Invest Oth Securities	0	ReportInvestOthSecurities
Report Prog Rel Invest	0	ReportProgRelInvest
Report Other Assets	0	ReportOtherAssets
Report Other Liabilities	0	ReportOtherLiabilities
Report Fin48 Footnote	0	ReportFin48Footnote
Independent Audit Financial Stmt	1	IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt	0	ConsolidatedAuditFinancialStmt
School	0	School
Foreign Office	0	ForeignOffice
Foreign Activities	0	ForeignActivities
More Than5000 K To Organizations	0	MoreThan5000KToOrganizations
More Than5000 K To Individuals	0	MoreThan5000KToIndividuals
Professional Fundraising	0	ProfessionalFundraising
Fundraising Activities	0	FundraisingActivities
Gaming	0	Gaming
Hospital	0	Hospital
Grants To Organizations	1	GrantsToOrganizations
Grants To Individuals	0	GrantsToIndividuals
Schedule J Required	0	ScheduleJRequired
Tax Exempt Bonds	0	TaxExemptBonds
Excess Benefit Transaction	0	ExcessBenefitTransaction
Prior Excess Benefit Transaction	0	PriorExcessBenefitTransaction
Loan To Officer Or DQP	0	LoanToOfficerOrDQP
Grant To Related Person	0	GrantToRelatedPerson
Bsnss Rltnshp With Organization	0	BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member	0	BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp	0	OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions	0	DeductibleNonCashContributions
Deductible Contributions Of Art	0	DeductibleContributionsOfArt
Terminated	0	Terminated
Partial Liquidation	0	PartialLiquidation
Disregarded Entity	0	DisregardedEntity
Related Entity	0	RelatedEntity
Related Org Controlled Entity	0	RelatedOrgControlledEntity
Transfers To Exempt Non Chrtbl Org	0	TransfersToExemptNonChrtblOrg
Activities Conducted Partnership	0	ActivitiesConductedPartnership
Schedule O Required	1	ScheduleORequired
Number Forms Transmitted With1096	3	NumberFormsTransmittedWith1096
Number W2 G Included	0	NumberW2GIncluded
Number Of Employees	3	NumberOfEmployees
Employment Tax Returns Filed	1	EmploymentTaxReturnsFiled
Unrelated Business Income	0	UnrelatedBusinessIncome
Foreign Financial Account	0	ForeignFinancialAccount
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTrans
Taxable Party Notification	0	TaxablePartyNotification
Non Deductible Contributions	0	NonDeductibleContributions
Quid Pro Quo Contributions	0	QuidProQuoContributions
Form8282 Property Disposed Of	0	Form8282PropertyDisposedOf
Funds To Pay Premiums	0	FundsToPayPremiums
Premiums Paid	0	PremiumsPaid
Indoor Tanning Services	0	IndoorTanningServices
Info In Schedule O Part VI	X	InfoInScheduleOPartVI
Nbr Voting Governing Body Members	16	NbrVotingGoverningBodyMembers
Number Independent Voting Members	16	NumberIndependentVotingMembers
Family Or Business Relationship	0	FamilyOrBusinessRelationship
Delegation Of Management Duties	0	DelegationOfManagementDuties
Changes To Organizing Docs	0	ChangesToOrganizingDocs
Material Diversion Or Misuse	0	MaterialDiversionOrMisuse
Members Or Stockholders	0	MembersOrStockholders
Election Of Board Members	0	ElectionOfBoardMembers
Decisions Subject To Approval	0	DecisionsSubjectToApproval
Minutes Of Governing Body	1	MinutesOfGoverningBody
Minutes Of Committees	1	MinutesOfCommittees
Officer Mailing Address	0	OfficerMailingAddress
Local Chapters	0	LocalChapters
Form990 Provided To Governing Body	1	Form990ProvidedToGoverningBody
Conflict Of Interest Policy	1	ConflictOfInterestPolicy
Annual Disclosure Covered Persons	1	AnnualDisclosureCoveredPersons
Regular Monitoring Enforcement	1	RegularMonitoringEnforcement
Whistleblower Policy	1	WhistleblowerPolicy
Document Retention Policy	1	DocumentRetentionPolicy
Compensation Process CEO	1	CompensationProcessCEO
Compensation Process Other	0	CompensationProcessOther
Investment In Joint Venture	0	InvestmentInJointVenture
States Where Copy Of Return Is Filed	MN	StatesWhereCopyOfReturnIsFiled
Own Website	X	OwnWebsite
Other Website	X	OtherWebsite
Upon Request	X	UponRequest

The Books Are In Care Of TheBooksAreInCareOf

Name Business NameBusiness

Field	Value	IRS element (for citing)
Business Name Line1	TIMOTHY SITZER	BusinessNameLine1

Field	Value	IRS element (for citing)
Telephone Number	5072892584	TelephoneNumber

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	1710 INDUSTRIAL DRIVE NW	AddressLine1
City	ROCHESTER	City
State	MN	State
ZIP Code	55901	ZIPCode

Form990 Part VII Section A Form990PartVIISectionA (17 entries)

TitleTitle	Average Hours Per WeekAverageHoursPerWeek	Individual Trustee Or DirectorIndividualTrusteeOrDirector	Reportable Comp From OrganizationReportableCompFromOrganization	Reportable Comp From Related OrgsReportableCompFromRelatedOrgs	Other CompensationOtherCompensation	OfficerOfficer
THERESE ARMSTEAD
DIRECTOR	1.00	X	0	0	0
STEVEN BIENIEK
DIRECTOR	1.00	X	0	0	0
JULIE BURGART
TREASURER	1.00	X	0	0	0	X
BOB GANDER
DIRECTOR	1.00	X	0	0	0
TIMOTHY GEISLER
PRESIDENT	1.00	X	0	0	0	X
GREG GRIFFITHS
DIRECTOR	1.00	X	0	0	0
DENNY NIGON
DIRECTOR	1.00	X	0	0	0
SUSAN KRECKE
PRESIDENT	1.00	X	0	0	0	X
FRITZ KVATERNIK
DIRECTOR	1.00	X	0	0	0
JOHN LAWSON
DIRECTOR	1.00	X	0	0	0
MICHAEL LOSE
DIRECTOR	1.00	X	0	0	0
DIANA NICOLAY
DIRECTOR	1.00	X	0	0	0
KAREN PETERSEN
SECRETARY	1.00	X	0	0	0	X
CHRISTOPHER PRICE
DIRECTOR	1.00	X	0	0	0
MARK STADTHERR
DIRECTOR	1.00	X	0	0	0
ANDREW POTERUCHA
DIRECTOR	1.00	X	0	0	0
TIMOTHY SITZER
EXECUTIVE DIRECTOR	40.00		70901	0	0	X

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	70901	TotalReportableCompFromOrg
Total Reportable Comp Frm Rltd Orgs	0	TotalReportableCompFrmRltdOrgs
Total Other Compensation	0	TotalOtherCompensation
Number Individuals GT100 K	0	NumberIndividualsGT100K
Formers Listed	0	FormersListed
Total Comp GT150 K	0	TotalCompGT150K
Compensation From Other Sources	0	CompensationFromOtherSources
Number Of Contractors GT100 K	0	NumberOfContractorsGT100K
All Other Contributions	332619	AllOtherContributions
Total Contributions	332619	TotalContributions

Investment Income InvestmentIncome

Field	Value	IRS element (for citing)
Total Revenue Column	171663	TotalRevenueColumn
Exclusion	$171,663	ExclusionAmount

Gross Rents GrossRents

Field	Value	IRS element (for citing)
Real	13020	Real

Less Rental Expenses LessRentalExpenses

Field	Value	IRS element (for citing)
Real	2784	Real

Rental Income Or Loss RentalIncomeOrLoss

Field	Value	IRS element (for citing)
Real	10236	Real

Net Rental Income Or Loss NetRentalIncomeOrLoss

Field	Value	IRS element (for citing)
Total Revenue Column	10236	TotalRevenueColumn
Exclusion	$10,236	ExclusionAmount

Gross Amount Sales Assets GrossAmountSalesAssets

Field	Value	IRS element (for citing)
Securities	890926	Securities
Other	3195000	Other

Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses

Field	Value	IRS element (for citing)
Securities	794862	Securities
Other	929285	Other

Gain Or Loss GainOrLoss

Field	Value	IRS element (for citing)
Securities	96064	Securities
Other	2265715	Other

Net Gain Or Loss Investments NetGainOrLossInvestments

Field	Value	IRS element (for citing)
Total Revenue Column	2361779	TotalRevenueColumn
Exclusion	$2,361,779	ExclusionAmount

Field	Value	IRS element (for citing)
Gross Income Fundraising Events	11380	GrossIncomeFundraisingEvents
Fundraising Direct Expenses	8629	FundraisingDirectExpenses

Net Income From Fundraising Events NetIncomeFromFundraisingEvents

Field	Value	IRS element (for citing)
Total Revenue Column	2751	TotalRevenueColumn
Exclusion	$2,751	ExclusionAmount

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	2879048	TotalRevenueColumn
Related Or Exempt Function Income	0	RelatedOrExemptFunctionIncome
Unrelated Business Revenue	0	UnrelatedBusinessRevenue
Exclusion	$2,546,429	ExclusionAmount

Grants To Domestic Orgs GrantsToDomesticOrgs

Field	Value	IRS element (for citing)
Total	2850730	Total
Program Services	2850730	ProgramServices

Comp Current Officers Directors CompCurrentOfficersDirectors

Field	Value	IRS element (for citing)
Total	70901	Total
Program Services	50339	ProgramServices
Management And General	9643	ManagementAndGeneral
Fundraising	10919	Fundraising

Other Salaries And Wages OtherSalariesAndWages

Field	Value	IRS element (for citing)
Total	51605	Total
Program Services	40110	ProgramServices
Management And General	5153	ManagementAndGeneral
Fundraising	6342	Fundraising

Payroll Taxes PayrollTaxes

Field	Value	IRS element (for citing)
Total	10653	Total
Program Services	8088	ProgramServices
Management And General	1184	ManagementAndGeneral
Fundraising	1381	Fundraising

Fees For Services Legal FeesForServicesLegal

Field	Value	IRS element (for citing)
Total	402	Total
Management And General	402	ManagementAndGeneral

Fees For Services Accounting FeesForServicesAccounting

Field	Value	IRS element (for citing)
Total	2450	Total
Management And General	2450	ManagementAndGeneral

Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees

Field	Value	IRS element (for citing)
Total	26996	Total
Management And General	26996	ManagementAndGeneral

Advertising Advertising

Field	Value	IRS element (for citing)
Total	30153	Total
Program Services	20102	ProgramServices
Fundraising	10051	Fundraising

Office Expenses OfficeExpenses

Field	Value	IRS element (for citing)
Total	20041	Total
Program Services	6763	ProgramServices
Management And General	5339	ManagementAndGeneral
Fundraising	7939	Fundraising

Information Technology InformationTechnology

Field	Value	IRS element (for citing)
Total	9392	Total
Program Services	4696	ProgramServices
Fundraising	4696	Fundraising

Occupancy Occupancy

Field	Value	IRS element (for citing)
Total	14666	Total
Program Services	10853	ProgramServices
Management And General	1760	ManagementAndGeneral
Fundraising	2053	Fundraising

Depreciation Depletion DepreciationDepletion

Field	Value	IRS element (for citing)
Total	3347	Total
Management And General	1674	ManagementAndGeneral
Fundraising	1673	Fundraising

Insurance Insurance

Field	Value	IRS element (for citing)
Total	2034	Total
Management And General	1017	ManagementAndGeneral
Fundraising	1017	Fundraising

Other Expenses OtherExpenses (3 entries)

DescriptionDescription	TotalTotal	Program ServicesProgramServices	Management And GeneralManagementAndGeneral	FundraisingFundraising
ALUMNI RELATIONS	9033	9033
STAFF ENRICHMENT	4230	4230
LOURDES HS ACTIVITIES	3823		1911	1912

Total Functional Expenses TotalFunctionalExpenses

Field	Value	IRS element (for citing)
Total	3110456	Total
Program Services	3004944	ProgramServices
Management And General	57529	ManagementAndGeneral
Fundraising	47983	Fundraising

Cash Non Interest Bearing CashNonInterestBearing

Field	Value	IRS element (for citing)
BOY	170570	BOY
EOY	149775	EOY

Savings And Temp Cash Investments SavingsAndTempCashInvestments

Field	Value	IRS element (for citing)
BOY	45086	BOY
EOY	526621	EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

Field	Value	IRS element (for citing)
BOY	9890	BOY
EOY	10097	EOY

Field	Value	IRS element (for citing)
Land Buildings Equipment Basis	22695	LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec	22695	LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Field	Value	IRS element (for citing)
BOY	932632	BOY
EOY	0	EOY

Investments Pub Traded Securities InvestmentsPubTradedSecurities

Field	Value	IRS element (for citing)
BOY	4059509	BOY
EOY	4452623	EOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	5217687	BOY
EOY	5139116	EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Field	Value	IRS element (for citing)
BOY	10239	BOY
EOY	10145	EOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	10239	BOY
EOY	10145	EOY

Field	Value	IRS element (for citing)
Follow SFAS117	X	FollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	595358	BOY
EOY	165496	EOY

Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	99167	BOY
EOY	187335	EOY

Permanently Restricted Net Assets PermanentlyRestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	4512923	BOY
EOY	4776140	EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	5207448	BOY
EOY	5128971	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	5217687	BOY
EOY	5139116	EOY

Field	Value	IRS element (for citing)
Reconcilation Revenue Expenses	-231408	ReconcilationRevenueExpenses
Reconciliation Unrealized Invest	152931	ReconciliationUnrealizedInvest
Reconcilation Other Changes	0	ReconcilationOtherChanges
Method Of Accounting Accrual	X	MethodOfAccountingAccrual
Accountant Compile Or Review	0	AccountantCompileOrReview
FS Audited	1	FSAudited

FS Audited Basis FSAuditedBasis

Field	Value	IRS element (for citing)
Financial Statement Separate	X	FinancialStatementSeparate

Field	Value	IRS element (for citing)
Audit Committee	1	AuditCommittee
Federal Grant Audit Required	0	FederalGrantAuditRequired

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
Publicly Supported Org170b1 Avi	X	PubliclySupportedOrg170b1Avi

Gifts Grants Contrib Received170 GiftsGrantsContribReceived170

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	482357	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	551978	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	381686	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	168621	CurrentTaxYearMinus1Year
Current Tax Year	332619	CurrentTaxYear
Total	1917261	Total

Total170 Total170

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	482357	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	551978	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	381686	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	168621	CurrentTaxYearMinus1Year
Current Tax Year	332619	CurrentTaxYear
Total	1917261	Total

Field	Value	IRS element (for citing)
Public Support Total170	1917261	PublicSupportTotal170

Gross Investment Income170 GrossInvestmentIncome170

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	175174	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	111885	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	169508	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	185772	CurrentTaxYearMinus1Year
Current Tax Year	181899	CurrentTaxYear
Total	824238	Total

Field	Value	IRS element (for citing)
Total Support	2741499	TotalSupport
Public Support Pertcentage170	0.69930	PublicSupportPertcentage170
Public Support Pertcent Prior Year	0.67490	PublicSupportPertcentPriorYear
Thirty Three Percnt Tests CY170	X	ThirtyThreePercntTestsCY170

Schedule B IRS990ScheduleB

Contributor Info ContributorInfo

Field	Value	IRS element (for citing)
Contributor Number	RESTRICTED	ContributorNumber

Contributor Name Business ContributorNameBusiness

Field	Value	IRS element (for citing)
Business Name Line1	RESTRICTED	BusinessNameLine1

Contributor Address US ContributorAddressUS

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)
Aggregate Contributions	RESTRICTED	AggregateContributions

Schedule D IRS990ScheduleD

Current Year CurrentYear

Field	Value	IRS element (for citing)
Beginning Of Year Balance	4512923	BeginningOfYearBalance
Contributions	263217	Contributions
End Of Year Balance	4776140	EndOfYearBalance

Current Year Minus1 Year CurrentYearMinus1Year

Field	Value	IRS element (for citing)
Beginning Of Year Balance	4406683	BeginningOfYearBalance
Contributions	106240	Contributions
End Of Year Balance	4512923	EndOfYearBalance

Current Year Minus2 Years CurrentYearMinus2Years

Field	Value	IRS element (for citing)
Beginning Of Year Balance	4089806	BeginningOfYearBalance
Contributions	316877	Contributions
End Of Year Balance	4406683	EndOfYearBalance

Current Year Minus3 Years CurrentYearMinus3Years

Field	Value	IRS element (for citing)
Beginning Of Year Balance	3601193	BeginningOfYearBalance
Contributions	488613	Contributions
End Of Year Balance	4089806	EndOfYearBalance

Current Year Minus4 Years CurrentYearMinus4Years

Field	Value	IRS element (for citing)
Beginning Of Year Balance	3504054	BeginningOfYearBalance
Contributions	103792	Contributions
Investment Earnings Or Losses	-6653	InvestmentEarningsOrLosses
End Of Year Balance	3601193	EndOfYearBalance

Field	Value	IRS element (for citing)
Permanent Endowment EOY Balance	1.00000	PermanentEndowmentEOYBalance
Endowments Held By Unrelated Orgs	0	EndowmentsHeldByUnrelatedOrgs
Endowments Held By Related Orgs	0	EndowmentsHeldByRelatedOrgs

Equipment Equipment

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	22695	OtherCostOrOtherBasis
Depreciation	22695	Depreciation
Book Value	0	BookValue

Field	Value	IRS element (for citing)
Total Of Book Value Land Buildings	0	TotalOfBookValueLandBuildings
Tot Revenue Etc Audited Fincl Stmt	3047593	TotRevenueEtcAuditedFinclStmt
Net Unrealized Gains Investments	152931	NetUnrealizedGainsInvestments
Donated Srvc And Use Of Facilities	42610	DonatedSrvcAndUseOfFacilities
Revenue Not Rptd F990	195541	RevenueNotRptdF990
Revenue Subtotal	2852052	RevenueSubtotal
Other Revenues Not Included	26996	OtherRevenuesNotIncluded
Revenue Not Rptd On Fin Stmt	26996	RevenueNotRptdOnFinStmt
Total Revenue Per Form990	2879048	TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt	3126070	TotExpensesEtcAuditedFinclStmt
Donated Services Use Of Facilities	42610	DonatedServicesUseOfFacilities
Expenses Not Rptd F990	42610	ExpensesNotRptdF990
Expenses Subtotal	3083460	ExpensesSubtotal
Other Expenses Not Included	26996	OtherExpensesNotIncluded
Expenses Not Rptd On Fin Stmt	26996	ExpensesNotRptdOnFinStmt
Total Expenses Per Form990	3110456	TotalExpensesPerForm990

Form990 Schedule D Part XIII Form990ScheduleDPartXIII (2 entries)

IdentifierIdentifier	ExplanationExplanation
PART XI, LINE 4B - OTHER ADJUSTMENTS:	MANAGEMENT FEES 26,996.
PART XII, LINE 4B - OTHER ADJUSTMENTS:	MANAGEMENT FEES 26,996.

Schedule I IRS990ScheduleI

Field	Value	IRS element (for citing)
Records Maintained	1	RecordsMaintained

Recipient Table RecipientTable

Recipient Name Business RecipientNameBusiness

Field	Value	IRS element (for citing)
Business Name Line1	LOURDES HIGH SCHOOL	BusinessNameLine1

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	621 W CENTER STREET	AddressLine1
City	ROCHESTER	City
State	MN	State
ZIP Code	55902	ZIPCode

Field	Value	IRS element (for citing)
EIN Of Recipient	410740119	EINOfRecipient
IRC Section	170(B)(1)(A)(II)	IRCSection
Amount Of Cash Grant	2850730	AmountOfCashGrant
Purpose Of Grant	STUDENT SCHOLARSHIPS AND CAPITAL IMPROVEMENTS	PurposeOfGrant

Field	Value	IRS element (for citing)
Total Nbr Of501 C3 And Govt Grants	1	TotalNbrOf501C3AndGovtGrants

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (5 entries)

Return ReferenceReturnReference	ExplanationExplanation
FORM 990, PART VI, SECTION B, LINE 11	A DRAFT OF FORM 990 IS EMAILED TO THE ENTIRE BOARD OF DIRECTORS FOR REVIEW AND APPROVAL BEFORE FILING WITH THE IRS.
FORM 990, PART VI, SECTION B, LINE 12C	EACH BOARD MEMBER IS REQUIRED TO DISCLOSE CONFLICTS OF INTEREST AS THEY ARISE.
FORM 990, PART VI, SECTION B, LINE 15A	PERFORMANCE EVALUATION FORMS WERE SENT TO THE ENTIRE BOARD OF DIRECTORS. THE OFFICERS COMPILED THE RESULTS OF THE COMPLETED EVALUATIONS AND DISCUSSED WITH THE EXECUTIVE DIRECTOR. SALARY RECOMMENDATIONS WERE COMPARED WITH REGIONAL COMPARATIVE DATA.
FORM 990, PART VI, SECTION C, LINE 18	THE LOURDES FOUNDATION FORM 990 IS MADE AVAILABLE TO THE PUBLIC ON ITS WEBSITE OR UPON REQUEST.
FORM 990, PART VI, SECTION C, LINE 19	LOURDES FOUNDATION MAKES ITS GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY AVAILABLE TO THE PUBLIC UPON REQUEST. THE FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC AT GUIDESTAR.ORG WEBSITE.