NORTHWESTERN FOUNDATION: Form 990, tax year 2010
View the entire original 990 at ProPublica ↗
- Organization
- NORTHWESTERN FOUNDATION (EIN 41-1878924)
- Tax period
- 2010-07-01 to 2011-06-30
- Filed
- 2012-05-09
- IRS object ID
- 201231309349301318
- Schema version
- 2010v3.4
- 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) |
|---|---|---|
| Timestamp | 2012-05-09T13:13:02-05:00 | Timestamp |
| Tax Period End Date | 2011-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CLIFTONLARSONALLEN LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 220 SOUTH SIXTH STREET SUITE 300 | AddressLine1 |
| City | MINNEAPOLIS | City |
| State | MN | State |
| ZIP Code | 55402 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2010-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 411878924 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NORTHWESTERN FOUNDATION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | NORT | NameControl |
| Phone | 6516315100 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3003 SNELLING AVENUE NORTH | AddressLine1 |
| City | ST PAUL | City |
| State | MN | State |
| ZIP Code | 55113 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | DOUGLAS R SCHROEDER | Name |
| Title | TREASURER | Title |
| Phone | 6516315100 | Phone |
| Date Signed | 2012-05-03 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | XIAOYAN LUO | Name |
| Phone | 6123764500 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2010 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | DR ALAN CURETON | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3003 SNELLING AVENUE NORTH | AddressLine1 |
| City | ST PAUL | City |
| State | MN | State |
| ZIP Code | 55113 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 2851011 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | N/A | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1996 | YearFormation |
| State Legal Domicile | MN | StateLegalDomicile |
| Activity Or Mission Description | SECURE, RECEIVE & MANAGE PLANNED GIFTS ON BEHALF OF PUBLIC CHARITIES INCLUDING NORTHWESTERN COLLEGE. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 9 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 7 | NbrIndependentVotingMembers |
| Total Nbr Employees | 0 | TotalNbrEmployees |
| Total Nbr Volunteers | 7 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 241086 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 156487 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 0 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 0 | ProgramServiceRevenueCY |
| Investment Income Prior Year | -3341 | InvestmentIncomePriorYear |
| Investment Income Current Year | 385099 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 43465 | OtherRevenuePriorYear |
| Other Revenue Current Year | 52355 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 281210 | TotalRevenuePriorYear |
| Total Revenue Current Year | 593941 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 695539 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 220023 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 0 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 0 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 0 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 226944 | OtherExpensePriorYear |
| Other Expenses Current Year | 207659 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 922483 | TotalExpensesPriorYear |
| Total Expenses Current Year | 427682 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -641273 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 166259 | RevenuesLessExpensesCY |
| Total Assets BOY | 4904796 | TotalAssetsBOY |
| Total Assets EOY | 5639704 | TotalAssetsEOY |
| Total Liabilities BOY | 1373340 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 1338553 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 3531456 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 4301151 | NetAssetsOrFundBalancesEOY |
| Mission Description | TO SECURE, RECEIVE AND MANAGE PLANNED GIFTS ON BEHALF OF PUBLIC CHARITIES INCLUDING NORTHWESTERN COLLEGE, A CHRISTIAN, NOT-FOR-PROFIT EDUCATIONAL INSTITUTION. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 220023 | Expense |
| Grants | 220023 | Grants |
| Description | TO SECURE, RECEIVE AND MANAGE PLANNED GIFTS ON BEHALF OF PUBLIC CHARITIES INLUDING NORTHWESTERN COLLEGE, 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. | Description |
| Total Program Service Expense | 220023 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| 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 | 0 | ReportLandBldgEquip |
| Report Invest Oth Securities | 0 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 0 | ReportOtherAssets |
| Report Other Liabilities | 1 | ReportOtherLiabilities |
| Report Fin48 Footnote | 1 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 1 | 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 | 1 | 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 | 1 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transaction Related Entity | 0 | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 0 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Number Of Employees | 0 | NumberOfEmployees |
| 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 | 9 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 7 | 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 | 1 | MembersOrStockholders |
| Election Of Board Members | 1 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 1 | 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 | 0 | CompensationProcessCEO |
| Compensation Process Other | 0 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | MN | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | DOUGLAS SCHROEDER | NamePerson |
| Telephone Number | 6516315100 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3003 SNELLING AVENUE NORTH | AddressLine1 |
| City | ST PAUL | City |
| State | MN | State |
| ZIP Code | 55113 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (11 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer |
|---|---|---|---|---|---|---|
| DR ALAN CURETON | ||||||
| DIRECTOR | 2.00 | X | 0 | 267334 | 26067 | |
| AMY BRAGG CAREY | ||||||
| CHAIR | 2.00 | X | 0 | 126328 | 23792 | X |
| NANCY JOHNSON | ||||||
| SECRETARY | 2.00 | X | 0 | 0 | 0 | X |
| STAN ERICKSON | ||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | |
| RONALD R HALVERSON | ||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | |
| CAROLE LEHN | ||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | |
| GROVER SAYRE III | ||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | |
| DANIEL E STOLTZ | ||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | |
| KEVIN ZWART | ||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | |
| KIRBY STOLL | ||||||
| VICE PRES. - FOUNDATION | 9.00 | 0 | 66649 | 18909 | X | |
| DOUGLAS R SCHROEDER | ||||||
| TREASURER | 2.00 | 0 | 128984 | 21002 | X | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 0 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 589295 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 89770 | TotalOtherCompensation |
| Number Individuals GT100 K | 0 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
| Number Of Contractors GT100 K | 0 | NumberOfContractorsGT100K |
| Related Organizations | 109631 | RelatedOrganizations |
| All Other Contributions | 46856 | AllOtherContributions |
| Total Contributions | 156487 | TotalContributions |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 135575 | TotalRevenueColumn |
| Exclusion | $135,575 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 2506594 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 2257070 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 249524 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 249524 | TotalRevenueColumn |
| Exclusion | $249,524 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | INVESTMENT MANAGEMENT | Description |
| Business Code | 900099 | BusinessCode |
| Total Revenue Column | 52355 | TotalRevenueColumn |
| Exclusion | $52,355 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 52355 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 593941 | TotalRevenueColumn |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $437,454 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 220023 | Total |
| Program Services | 220023 | ProgramServices |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 499 | Total |
| Management And General | 499 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5033 | Total |
| Management And General | 5033 | ManagementAndGeneral |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5788 | Total |
| Management And General | 5788 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 144533 | Total |
| Management And General | 144533 | ManagementAndGeneral |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1470 | Total |
| Management And General | 1470 | ManagementAndGeneral |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 994 | Total |
| Management And General | 994 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 44351 | Total |
| Management And General | 44351 | ManagementAndGeneral |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Management And GeneralManagementAndGeneral |
|---|---|---|
| MISC | 1702 | 1702 |
| DUES AND SUBSCRIPTIONS | 1183 | 1183 |
| FOOD & MEALS | 1098 | 1098 |
| SUPPLIES | 1008 | 1008 |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 427682 | Total |
| Program Services | 220023 | ProgramServices |
| Management And General | 207659 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 358748 | BOY |
| EOY | 600955 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 163410 | BOY |
| EOY | 488626 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 17292 | BOY |
| EOY | 12940 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 87824 | BOY |
| EOY | 23994 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4050412 | BOY |
| EOY | 4256235 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 107325 | BOY |
| EOY | 119401 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 119785 | BOY |
| EOY | 137553 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4904796 | BOY |
| EOY | 5639704 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1392 | BOY |
| EOY | 200529 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1371948 | BOY |
| EOY | 1138024 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1373340 | BOY |
| EOY | 1338553 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 666846 | BOY |
| EOY | 816188 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 447659 | BOY |
| EOY | 769791 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2416951 | BOY |
| EOY | 2715172 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3531456 | BOY |
| EOY | 4301151 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4904796 | BOY |
| EOY | 5639704 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 166259 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 603436 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 1 | AuditCommittee |
| Financial Statement Both | X | FinancialStatementBoth |
| 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 | 291175 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 347327 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 306222 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 241086 | CurrentTaxYearMinus1Year |
| Current Tax Year | 156487 | CurrentTaxYear |
| Total | 1342297 | Total |
Total170 Total170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 291175 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 347327 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 306222 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 241086 | CurrentTaxYearMinus1Year |
| Current Tax Year | 156487 | CurrentTaxYear |
| Total | 1342297 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amounts Subst Contributors Total | 102014 | AmountsSubstContributorsTotal |
| Public Support Total170 | 1240283 | PublicSupportTotal170 |
Gross Investment Income170 GrossInvestmentIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 293514 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 295837 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 211344 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 116235 | CurrentTaxYearMinus1Year |
| Current Tax Year | 135575 | CurrentTaxYear |
| Total | 1052505 | Total |
Other Income170 OtherIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 46323 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 53303 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 43160 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 43465 | CurrentTaxYearMinus1Year |
| Current Tax Year | 52355 | CurrentTaxYear |
| Total | 238606 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | 2633408 | TotalSupport |
| Public Support Pertcentage170 | 0.47100 | PublicSupportPertcentage170 |
| Public Support Pertcent Prior Year | 0.46800 | PublicSupportPertcentPriorYear |
| Thirty Three Percnt Tests CY170 | X | ThirtyThreePercntTestsCY170 |
| General Explanation | SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: INVESTMENT MANAGEMENT FEES | GeneralExplanation |
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 | 2669035 | BeginningOfYearBalance |
| Contributions | 89046 | Contributions |
| Investment Earnings Or Losses | 485152 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 38042 | GrantsOrScholarships |
| End Of Year Balance | 3205191 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 2884323 | BeginningOfYearBalance |
| Contributions | 80573 | Contributions |
| Investment Earnings Or Losses | 347198 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 643059 | GrantsOrScholarships |
| End Of Year Balance | 2669035 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 3591797 | BeginningOfYearBalance |
| Contributions | 108742 | Contributions |
| Investment Earnings Or Losses | -675600 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 140616 | GrantsOrScholarships |
| End Of Year Balance | 2884323 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.16500 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.16800 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.66700 | TermEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | 1 | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | 0 | EndowmentsHeldByRelatedOrgs |
| Total Of Book Value Land Buildings | 0 | TotalOfBookValueLandBuildings |
Other Liabilities OtherLiabilities (2 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| ANNUITY OBLIGATIONS | $1,131,494 |
| DUE TO RELATED ORGANIZATION | $6,530 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 1138024 | TotalOfAmounts |
| Total Revenue | 593941 | TotalRevenue |
| Total Expenses | 427682 | TotalExpenses |
| Excess Or Deficit For Year | 166259 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | 514964 | NetUnrealizedGLOnInvestments |
| Other | $88,472 | OtherAmount |
| Total Adjustments | 603436 | TotalAdjustments |
| Excess Or Deficit Per FS | 769695 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 1191589 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 514964 | NetUnrealizedGainsInvestments |
| Other Revenues | 88472 | OtherRevenues |
| Revenue Not Rptd F990 | 603436 | RevenueNotRptdF990 |
| Revenue Subtotal | 588153 | RevenueSubtotal |
| Investment Expenses Not Included | 5788 | InvestmentExpensesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 5788 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 593941 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 421894 | TotExpensesEtcAuditedFinclStmt |
| Expenses Not Rptd F990 | 0 | ExpensesNotRptdF990 |
| Expenses Subtotal | 421894 | ExpensesSubtotal |
| Investment Expenses Not Included2 | 5788 | InvestmentExpensesNotIncluded2 |
| Expenses Not Rptd On Fin Stmt | 5788 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 427682 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (4 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: | PART V, LINE 4: | ENDOWMENT FUNDS ARE INTENDED TO SUPPORT THE MISSION AND PROGRAMS OF NORTHWESTERN COLLEGE AND OTHER NOT-FOR-PROFIT ORGANIZATIONS. |
| DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: | PART X: | 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 8 - OTHER ADJUSTMENTS: | CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS 88,472. | |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | CHANGE IN VALUE OF SPLIT INTEREST AGREEMENT 88,472. |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 1 | RecordsMaintained |
Recipient Table RecipientTable (3 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EIN Of RecipientEINOfRecipient | IRC SectionIRCSection | Amount Of Cash GrantAmountOfCashGrant | Purpose Of GrantPurposeOfGrant |
|---|---|---|---|---|---|---|---|
| NORTHWESTERN COLLEGE | |||||||
| 3003 SNELLING AVENUE NORTH | ST PAUL | MN | 55113 | 410711610 | 501(C)(3) | 117064 | GENERAL OPERATING SUPPORT |
| NAVIGATORS-MISSION MOVING MOUNTAINS | |||||||
| PO BOX 6000 | COLORADO SPRINGS | CO | 809346000 | 846007896 | 501(C)(3) | 61086 | PASS-THROUGH FOR DECEASED ANNUITANT. |
| HOSPITALITY HOUSE YOUTH DEVELOPMENT | |||||||
| 1220 LOGAN AVENUE NORTH | MINNEAPOLIS | MN | 55411 | 410858664 | 501(C)(3) | 40724 | PASS-THROUGH FOR DECEASED ANNUITANT. |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Nbr Of501 C3 And Govt Grants | 3 | TotalNbrOf501C3AndGovtGrants |
| Total Nbr Of Other Organizations | 0 | TotalNbrOfOtherOrganizations |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | PROCEDURE FOR MONITORING GRANTS IN THE U.S.: | Identifier |
| Return Reference | PART I, LINE 2: | ReturnReference |
| Explanation | SCHEDULE I, PART I, LINE 2: THE FOUNDATION'S PRIMARY ASSISTANCE WAS TO NORTHWESTERN COLLEGE, UNDER COMMON LEADERSHIP. ADDITIONAL ASSISTANCE WAS PROVIDED TO BENEFIT LOCAL MINISTRIES. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 0 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | 0 | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | 0 | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | 0 | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | 0 | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | 0 | AnyNonFixedPayments |
| Initial Contract Exception | 0 | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII (2 entries)
| Base Compensation Filing OrgBaseCompensationFilingOrg | Comp Based On Related OrgsCompBasedOnRelatedOrgs | Bonus Filing OrgBonusFilingOrg | Bonus Related OrgsBonusRelatedOrgs | Other Compensation Filing OrgOtherCompensationFilingOrg | Other Compensation Related OrgsOtherCompensationRelatedOrgs | Deferred Comp Filing OrgDeferredCompFilingOrg | Deferred Comp Related OrgsDeferredCompRelatedOrgs | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs | Total Compensation Filing OrgTotalCompensationFilingOrg | Total Compensation Related OrgsTotalCompensationRelatedOrgs | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg | Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| DR ALAN CURETON | |||||||||||||
| 0 | 190000 | 0 | 0 | 0 | 77334 | 0 | 15200 | 0 | 10867 | 0 | 293401 | 0 | 0 |
| AMY BRAGG CAREY | |||||||||||||
| 0 | 127254 | 0 | 0 | 0 | -926 | 0 | 10414 | 0 | 13378 | 0 | 150120 | 0 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | SUPPLEMENTAL INFORMATION | Identifier |
| Return Reference | PART III | ReturnReference |
| Explanation | PART I, LINE 3: THE COMPENSATION OF THE PRESIDENT AND OTHER OFFICERS OF NORTHWESTERN FOUNDATION IS DETERMINED BY NORTHWESTERN COLLEGE, A RELATED ORGANIZATION. THE FOLLOWING WERE USED BY NORTHWESTERN COLLEGE TO ESTABLISH THE COMPENSATION: 1. COMPENSATION SURVEY OR STUDY 2. APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE | Explanation |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (8 entries)
| IdentifierIdentifier | ExplanationExplanation | Return ReferenceReturnReference |
|---|---|---|
| FORM 990, PART VI, SECTION A, LINE 6 | THE SOLE MEMBER OF NORTHWESTERN FOUNDATION IS NORTHWESTERN COLLEGE, 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, NORTHWESTERN COLLEGE. 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 NORTHWESTERN COLLEGE. | |
| 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. | |
| NORTHWESTERN FOUNDATION'S CONFLICT OF INTERET POLICY APPLIES TO ALL BOARD MEMBERS, OFFICERS AND KEY EMPLOYEES. THE BOD SIGNS 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. | FORM 990, PART VI, SECTION B, LINE 12C | |
| THE FOUNDATION DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY OR FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. | FORM 990, PART VI, SECTION C, LINE 19 | |
| CHANGES IN NET ASSETS OR FUND BALANCES: | NET UNREALIZED GAINS ON INVESTMENTS: 514,964. CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS 88,472. TOTAL TO FORM 990, PART XI, LINE 5: 603,436. | FORM 990, PART XI, LINE 5: |
| AVERAGE WEEKLY HOURS | DR. ALAN CURETON, AMY BRAGG CAREY, AND DOUGLAS R. SCHROEDER ALSO SERVE NORTHWESTERN COLLEGE, A RELATED ORGANIZATION. EACH INDIVIDUAL SPENDS APPROXIMATELY 45 HOURS PER WEEK IN THE SERVICE OF NORTHWESTERN FOUNDATION AND APPROXIMATELY 2 HOURS PER WEEK IN THE SERVICE OF NORTHWESTERN COLLEGE. DANIEL E. STOLTZ, RONALD HALVERSON, CAROLE LEHN AND GROVER SAYRE, III, ALSO SERVE NORTHWESTERN COLLEGE. EACH INDIVIDUAL SPENDS APPROXIMATELY 2 HOURS PER WEEK IN THE SERVICE OF NORTHWESTERN FOUNDATION AND APPROXIMATELY 2 HOURS PER WEEK IN THE SERVICE OF NORTHWESTERN COLLEGE. | FORM 990, PART VII, SECTION A |
Schedule R IRS990ScheduleR
Form990 Schedule R Part II Form990ScheduleRPartII
Name Of Disregarded Entity NameOfDisregardedEntity
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NORTHWESTERN COLLEGE | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3003 SNELLING AVENUE NORTH | AddressLine1 |
| City | ST PAUL | City |
| State | MN | State |
| ZIP Code | 55113 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 410711610 | EIN |
| Primary Activities | EDUCATION | PrimaryActivities |
| Legal Domicile State | MN | LegalDomicileState |
| Exempt Code Section | 501(C)(3) | ExemptCodeSection |
| Public Charity Status | LINE 2 | PublicCharityStatus |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NORTHWESTERN COLLEGE | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Controlled Org | 1 | ControlledOrg |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | 0 | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | 1 | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | 1 | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | 0 | LoansOrGuaranteesFromOtherOrg |
| Sale Of Assets To Other Org | 0 | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | 0 | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | 0 | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | 0 | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | 0 | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | 1 | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | 1 | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | 1 | SharingOfFacilities |
| Sharing Of Paid Employees | 1 | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | 1 | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | 1 | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | 1 | OtherTransferToOtherOrg |
| Other Transfer From Other Org | 1 | OtherTransferFromOtherOrg |