2012-11-15T09:41:39-06:00 2011-12-31 450250958 EIDE BAILLY LLP 4310 17TH AVE S PO BOX 2545 FARGO ND 581082545 990 2011-01-01 200520386 Impact Foundation IMPA 7012710263 4152 30th Ave S No 102 Fargo ND 581048403 J Patrick Traynor 7012710263 2012-11-15 1 LISA CHAFFEE CPA P00193453 7012398500 2012-11-15 2011 2016-02-24 21:20:13Z J Patrick Traynor 4152 30th Ave S No 102 Fargo ND 581048403 1103112 0 X www.impactfdn.org X 2003 ND Build capacity of nonprofits, businesses & individuals to maximize their community impact. 3 3 9 3 0 0 2018134 1006031 56316 65796 34391 31285 0 0 2108841 1103112 518852 418802 0 0 237914 256904 0 0 19413 924167 417162 1680933 1092868 427908 10244 1790624 1815316 896788 911236 893836 904080 X The mission of Impact Foundation is to build the capacity of nonprofits, businesses, and individuals to maximize their community impact with an overall goal to dramatically improve its nonprofit partners' capacity to produce superior results. Impact Foundation operates exclusively for charitable scientific and educational purposes. To meet its primary purpose, the Foundation receives and administers donations, makes contributions to, and provides assistance to other nonprofit organizations. The Foundation has the power to establish, own, operate, control, conduct and maintain various organizations and programs to meet its primary purpose. Impact operates charitable initiatives designed to measurably improve society in areas including: economic development; health and healthcare access; education and training; and other philanthropic areas identified by donors. 0 0 557112 250795 9171 Organizational EffectivenessImpact and its support organization, Achievements Unlimited Foundation, (the "Foundations") recognize that many nonprofit organizations often lack expertise and financial resources to invest in critical organizational assessments, strategic planning and highly effective fundraising efforts to ensure their organization's effectiveness and sustainability over the long-term. The Foundations partnered with Dakota Medical Foundation to provide support and promote education and training sessions for nonprofit partner organizations through the Impact Institute. The Impact Institute has provided training to over 300 partner nonprofit organizations since its 2005 inception. Nonprofit Board and Management Training: Training boards and key management personnel to operate their organizations in a highly effective and efficient manner is a key education focus for the Foundations. The Foundations have encouraged many area nonprofit organizations to attend the Impact Institute's various education and training programs. Strategic Planning Training and Services: The Impact Institute piloted a Strategic Planning Toolkit and Webinar Series in 2011. The pilot was developed in conjunction with La Piana Consulting into three 90 minute sessions and an accompanying toolkit. Three nonprofits participated, with 100% of participants rating the webinar series with a score of 5 or 4 on a 0-5 point scale with 5 being the highest. The webinar and toolkit are available for other organizations on www.impactgiveback.org. High Impact Fundraising Training: Educating and training organizations to become effective fundraisers is a key program at the Impact Institute. Professional trainers using highly structured and effective training methods and follow-up activities have provided training to over 200 organizations. A sampling of 22 nonprofit organizations participating in the training indicated an increase in contributions between 2007 ($31.9 million) and 2010 ($47.2 million).Shared Services Initiative: 80 nonprofit executives, staff and board members attended a Nonprofit Redesign Seminar. 91% of participants rated the seminar as a 5 or 4 on a 0-5 point scale with 5 being the highest. The Foundations have developed a pilot Management Services Organization (MSO) concept to provide shared administrative services for smaller nonprofit organizations in order to reduce the overhead costs associated with managing their programs and services; produce improved financial processing allowing more time to focus on strategic issues.High Impact Seal of Distinction Program: The Foundations, in partnership and collaboration with Dakota Medical Foundation, developed this program as the "capstone" for its series of education and training programs. The program includes an organizational assessment and development plan, additional board and executive leadership training, plan implementation support and annual renewals. Completion of the program is designed to build the capacity of executives to take their organizations from functioning well to superior performing, high impact organizations. The inaugural program included the participation of the Impact Foundation, Dakota Medical Foundation and 12 other nonprofit organizations' board of directors and executive staff. In May 2011, the inaugural class of 14 nonprofits received the High Impact Seal of Distinction.Grant Writing: The Foundations provide grant writing technical support to its partner nonprofit organizations aiming to increase resources for their programs and services. Dakota Medical Charities provided a multi-year grant that initially funded this initiative in 2005. Impact continues to leverage those funds by assisting other nonprofit organizations with their development efforts through writing effective grant applications. Grant writing efforts to date have resulted in 33 grants awarded totaling $6,213,610.High Impact Philanthropy (HIP): The Foundations, in partnership with Dakota Medical Foundation, initiated this program to unite outstanding community funding organizations and private donors to research and discuss various societal problems and issues in the region with the goal of a common focus and more coordinated, effective strategies to achieve a greater impact in the community. Impact Foundation serves as the fiscal host for the HIP initiative. The HIP Initiative was launched in the spring of 2009 with support from the Otto Bremer, Bush and Dakota Medical Foundations. The Impact Institute partnered with Mark Kramer, Founder and Managing Director of FSG, author of several influential articles and one of the leading experts in the field of philanthropy, to facilitate the HIP initiative. The goal of HIP is to inspire funders to adopt a new approach to more strategically and collaboratively solve societal issues in the region. The HIP steering committee is comprised of foundation, corporate and individual donors that invest over $75 million annually to support various charitable endeavors in the region. The steering committee's initial focus is to build the assets of youth living in Cass and Clay counties. Dr. Rathge of the North Dakota Data Center has conducted an inventory of all organizations in Cass and Clay counties that are working on youth asset building, including: organizational budget size, youth asset building areas, measures of performance, and interaction with other organizations in the area.The initial group of 15 organizations and community leaders came to a consensus to focus the HIP group's initial efforts on improving the internal and external assets of youth in the Fargo-Moorhead (FM) area. The goals of the HIP Initiative are: 1) Engaging youth, youth development organizations and others to develop a coordinated strategy to make the FM area a place where all youth can maximize their potential; 2) hold a Youth Development Summit; 3) release an environmental scan of organizations serving youth in the FM area that includes organization size, areas of focus, and collaboration activities; 4) develop a budget and identify an individual to coordinate, plan and implement the next phases for the HIP group.A stakeholder conference was held in December 2011 with over 100 participants from 54 different youth organizations and agencies in the Fargo-Moorhead area. Planning teams of cross-sector community stakeholders have been formed to accomplish this step/phase, and will be utilizing the Ready by 21 frame work from Forum for Youth Investment. An initial community-wide blueprint that outlines results, indicators and action steps needed to create the conditions for all children to reach their maximum potential will be released in 2012. 163648 9600 Economic DevelopmentThe Foundations support the economic development of North Dakota communities by initiating and funding various initiatives directed at assisting small businesses located in North Dakota. Grants from the USDA Office of Rural Development, North Dakota Department of Commerce, and Dakota Certified Development Corporation established the procurement assistance program (PAC) in 2006 to provide research, technical assistance, and training to North Dakota small businesses assisting them in securing federal and state government contracts for their goods and services.The Otto Bremer Foundation provided Impact with a $240,000 multi-year grant in 2008 to establish a Veteran's Entrepreneurship Assistance Program. This funding allowed the PAC to assist veterans to start and expand their businesses by securing government contracts. Funding from the USDA Office of Rural Development has allowed this program to assist businesses in key rural communities throughout the state. Through 2011, technical assistance has been provided to over 290 North Dakota businesses including 111 Native American and 62 veteran owned businesses and representing 90% of the current 8(a)/Small Disadvantaged Business certified companies. The PAC has provided 29 workshops with over 523 attendees. Over 197 bids have been submitted with 115 contracts obtained totaling over $171 million of which $111 million were Native American business contract dollars. Over 685 North Dakota jobs have been retained and/or created.Impact entered into a 30-year loan commitment with the USDA Intermediary Loan Program (IRP) through the Office of Rural Development in 2007. The IRP created a $937,500 pool of funds available to qualifying North Dakota businesses at low interest rates. Dakota Certified Development Corporation (DCDC) provided a grant to Impact to meet the equity requirement under the terms of the USDA loan with Impact. DCDC manages the loan program under an agreement with Impact. As of 12/31/2011 6 loans totaling over $674,000 have been provided to small businesses in rural communities. DCDC has established a charitable fund at the Foundations that will provide funding to improve the North Dakota business climate. 155274 149478 Community SupportThe Foundation provides grants to support community events, statewide nonprofit organizations and other societal improvement initiatives. Grants were provided for these purposes from established named funds and from other grants and donor contributions received by the Foundations. Impact provided support to the local area Fill-the-Dome program to restock local food shelters. The Foundation has established a Clubs Fore Kids Initiative to promote community youth golf programs by providing clubs, practice and play opportunities to those unable to afford the cost of participation. The Foundations have given back to North Dakota communities impacted by natural disasters. During 2009 and 2010, the Foundations worked closely with Red River Valley community leaders to create charitable funds at Impact to receive grants and donor contributions to provide financial support for communities affected by the 2009 and 2010 flooding of the Red River. Impact coordinated with community committees to distribute funds to nonprofit organizations that benefited flood victims. The funds remain in place to collect contributions and to distribute funds for future flooding events. The Foundation stands ready to provide financial support in the event of future natural disasters by helping to coordinate fundraising efforts in North Dakota. 167569 18529 47025 Giveback Initiative With grants from Dakota Medical Foundation, Alex Stern Family Foundation and various individual and corporate contributions, Impact launched the GiveBack Initiative in 2006 to inspire donors to substantially increase and improve the impact of their giving of time, talent, and treasure in North Dakota and western Minnesota communities. Initiative strategies have focused on education and training for nonprofit organizations to become highly proficient fundraisers and to be more operationally efficient and effective. Another key focus is providing education and training for donors and volunteers in the area through marketing, education and training of businesses and nonprofit organizations. The initiative has created new ways of thinking and new approaches to maximize opportunities presented with our region's significant wealth transfer and substantial existing and potential volunteer workforce.North Dakota Wealth Transfer: The Foundations commissioned and funded a North Dakota wealth transfer study in 2005 conducted by the Center on Wealth and Philanthropy at Boston College in Boston, Massachusetts (Center). Impact has distributed the North Dakota Wealth Transfer Study to donors, community leaders, nonprofit organizations, attorneys, accountants, financial advisors, bank, and trust personnel in several North Dakota communities. The Center's initial study concluded that through 2055 North Dakota households will give over $38 billion to charity and pay an estimated $55.3 billion in estate taxes. Under the GiveBack Initiative basic strategies are presented to educate donors on how to reduce the outflow of capital (estate taxes) from our region through more strategic charitable giving during one's lifetime and better estate planning. Impact contracted with the Center to produce a new Wealth Transfer Micro-simulation Model that provides new estimates for North Dakota county-by-county wealth transfer data along with more recent U.S. data that was completed in 2011.A new North Dakota Wealth Transfer Report entitled, "Endless Possibilities on the Prairie: Unleashing North Dakota's Great Potential" 2007-2061, and associated data entitled, "Communities with Possibilities." The new study concluded that through 2061 North Dakota households will give over $95 billion to charity and pay an estimated $39 billion in estate taxes. The "North Dakota County and City Wealth Transfer Analysis" were released by the Foundation in November 2011. The Wealth Transfer unveiling event was attended by over 125 persons. The supplement to Endless Possibilities is the first ever county level analysis of North Dakota wealth transfer. GiveBack Website: The website (www.impactgiveback.org) is designed to provide a one-stop information resource for donors to conveniently locate, review, volunteer and make contributions to over 400 nonprofit organizations in the region. Nonprofit organizations in North Dakota and northwestern Minnesota are encouraged to place their organizational information on the website to easily connect with donors of time, talent and treasure. Donors are able to research and identify their favorite nonprofit organizations and to make contributions directly online using their credit card or to purchase gift cards that are redeemed as contributions to listed organizations. Nonprofit organizations are able to utilize the website to receive contributions, process event registrations, and conduct fundraising auctions. The volunteer page on the website consistently displays about 100 volunteer opportunities in the region. Impact partners with Dakota Medical Foundation to sponsor an annual Giving Hearts Day around Valentine's Day using the capabilities of the GiveBack online giving website. As of December 2011 the online giving website has processed over 30,000 contributions totaling over $3.7 million since its 2007 implementation.Giving Hearts Day Initiative: The Foundation has partnered with Dakota Medical Foundation to promote charitable giving in the region. The online giving environment expands the capacity of area nonprofit organizations to efficiently raise funds for their programs. The online giving website at www.impactgiveback.org is used to promote the annual Giving Hearts Day each February and provides donors with an easy-to-use venue to make online contributions to their favorite charitable organizations.The Giving Hearts Day Initiative has generated over 28,000 donor contributions totaling over $4.7 million since its 2008 implementation through June 2012. The Giving Hearts Day events have resulted in over $6.3 million in contributions to community nonprofit organizations.Veteran Emergency Charitable Fund: This Fund was established at Impact Foundation to receive charitable contributions from donors to support the emergency needs of North Dakota veterans and their eligible dependents not covered under current federal or state programs. Impact has partnered with the North Dakota Veteran's Affairs office to determine eligible veterans and their funding needs. Impact has defined a charitable class of North Dakota veterans to meet the requirements for distributions from the Impact charitable fund as determined and approved by the fund advisors each November. The Foundation supports a Veteran's Giving effort to raise charitable contributions for the Fund utilizing the GiveBack online giving website and other means. Since inception the fund has raised over $22,500 in contributions and provided assistance to 7 qualified veteran families. 167569 18529 47025 1043603 1 1 0 0 0 0 0 0 0 0 1 0 1 1 0 1 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 13 0 1 9 1 0 0 0 0 0 0 0 0 0 0 X 3 3 1 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 1 0 0 X David Gibb 7012710263 4152 30th Avenue S Suite 102 Fargo ND 58104 X Dan Carey 3.00 X X 0 0 0 John Bertel 2.00 X X 0 0 0 Susan Mathison MD 2.00 X X 0 0 0 J Patrick Traynor 10.00 X X 43700 0 0 43700 0 0 0 0 0 0 Mod Fundraising 3231 Royal Drive Grand Forks ND 58201 Education and training 115800 1 260654 68623 676754 1006031 Give Back Membership d 900099 46915 46915 Registration fees - ed 611430 18771 18771 Miscellaneous Revenue 900099 110 110 65796 31285 31285 1103112 65796 0 31285 418802 418802 43758 29379 9379 5000 165661 163445 2216 14388 14388 17115 17115 15982 14603 966 413 21075 6075 1000 14000 9800 9800 228788 228788 36287 36287 -4008 -5382 1374 10643 10643 13485 13485 3279 3279 14070 13160 910 4784 4784 64736 63628 1108 4048 2149 1899 Loan Loss Reserve 7669 7669 Dues, Books and Subscri 2506 1306 1200 1092868 1043603 29852 19413 567685 828032 44613 4800 4564 4903 224632 96434 184269 128198 0 163379 571248 483114 462858 158277 1790624 1815316 152209 116654 242358 319108 502221 475474 896788 911236 X 379016 317672 514820 586408 893836 904080 1790624 1815316 10244 0 X X 0 1 0 X 0 X 806328 796408 1759316 2018134 1006031 6386217 806328 796408 1759316 2018134 1006031 6386217 684323 5701894 16914 17043 17840 34391 31285 117473 6503690 178500 0.87670 0.88090 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 224632 96434 128198 128198 IRP Loans Receivable 483114 F 483114 Interest Receivable 79 Related Party Receivable 158198 158277 Description of Uncertain Tax Positions Under FIN 48: Part X: Impact Foundation has been recognized by the Internal Revenue Service as exempt from federal income taxes under Internal Revenue Code Section 501(c)(3). Impact Foundation undergoes an annual analysis of their various tax positions, assessing the likelihood of these positions being upheld upon examination with relevant tax authorities, as defined by the generally accepted accounting principles. Impact Foundation believes that they are compliant with all IRS tax regulations and as of December 31, 2011 and 2010 has not recorded liabilities for income taxes. The Foundation will recognize future accrued interest and penalties related to unrecognized tax liabilities in income tax expense if incurred. Impact Foundation is no longer subject to federal and state tax examinations by tax authorities for years before 2008. 1 Bluestem Center for the Arts 801 50 Avenue SW Moorhead MN 56560 450448759 501(c)(3) 50000 General operating and programs support Boston College Center on Wealth and Philanthropy 140 Commonwealth Avenue Chestnut Hill MA 02467 042103545 501(c)(3) 18529 ND wealth transfer study Fargo Public Schools Development Foundation 415 N 4 Street Fargo ND 58102 311733797 501(c)(3) 7500 Milk program for low income family children FirstLink 4357 13 Avenue S Fargo ND 58103 450419491 501(c)(3) 5000 General operating and programs support Dorothy Day House 714 8 Street S Moorhead MN 56560 411452555 501(c)(3) 10000 General operating and programs support Heritage Trust 1815 38 Street S Fargo ND 58103 276850478 501(c)(3) 11542 FM community benefit support Jamestown College 6000 College Lane Jamestown ND 58405 450231180 501(c)(3) 7500 Scholarships for Cass/Clay students Lutheran Social Services of ND 1720 3 Avenue N Fargo ND 58102 450226421 501(c)(3) 71707 Support Great Plains Food Bank restock Minot Area Community Foundation 15 2 Avenue SW Minot ND 58701 311689978 501(c)(3) 11229 Flood recovery support for Minot area Rape and Abuse Crisis Center PO Box 2984 Fargo ND 58108 411310289 501(c)(3) 5000 General operating and programs support Sharehouse Foundation 4227 9 Avenue S Fargo ND 58103 262708205 501(c)(3) 5505 Sisters Path Play therapy program Village Family Service Center 1201 25 Street S Fargo ND 58103 450226423 501(c)(3) 10000 Support Big Brother/Big Sister program and Nokomis childcare center operations YWCA Cass Clay 3100 12 Avenue N Fargo ND 58102 450226435 501(c)(3) 5750 Support transitional housing program Fargo Moorhead Community Theater 333 4 Street S Fargo ND 58103 450233312 501(c)(3) 104701 Renovation for accessibility project 14 Procedure for Monitoring Grants in the U.S.: Part I, Line 2: Schedule I, Part I, Line 2: The Foundation's written grantee application process includes detailed organizational information and tax status, mission, governance, conflicts of interest, project description, and budget. Grant agreements require periodic and final progress reporting and return of unspent grant funds. Form 990, Part VI, Section A, line 2 J Patrick Traynor and John Bertel have a business relationship. Mr. Traynor serves as a volunteer on the board of a company with Mr. Bertel, and receives no compensation for his services on that board. Form 990, Part VI, Section A, line 8b There are no committees with the authority to act on behalf of the Board. Form 990, Part VI, Section B, line 11 A copy of the final Form 990 is provided to each voting Board Member for their review prior to filing. The filed Form 990 will be an agenda item at the next scheduled board meeting for management to review with Board Members. Actions taken will be so noted in the minutes of the Board. Form 990, Part VI, Section B, line 12c Board members and staff are required to review the conflict policy and declare any conflicts annually. In addition the Administrative Assistant notifies the Executive Director of any other conflicts that may arise during the year. If there are any conflicts, the Board is made aware of them and the Board Member with a conflict is asked to abstain from voting. The process would be duly noted in the minutes. Form 990, Part VI, Section B, line 15a The Executive Director's performance is reviewed annually by the Board Members, excluding the Executive Director. Compensation is compared using the Council on Foundations annual salary survey and compared to other foundations of similar size and scope using their Form 990. Compensation changes are approved by vote of the Board with the Executive Director abstaining from voting. Form 990, Part VI, Section C, line 19 These documents are made available to the public upon request. Form 990, Part VII: J. Patrick Traynor also devotes about 10 hours to Achievements Unlimited Foundation, a related organization. Dan Carey, John Bertel, and Susan Mathison devote about 1 hour to Achievements Unlimited Foundation. Form 990, Part XII, Line 2c: Impact Foundation does not have a specifically appointed audit committee; however, the Board of Directors does assume responsibility for oversight of the audit, review, or compilation of its financial statements and selection of an independent accountant. Achievements Unlimited Foundation 4152 30th Avenue S Suite 102 Fargo ND 581048403 202052288 Support mission of Impact Foundation ND 501(c)(3) Line 11a, I Impact Foundation 1 0 0 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 Achievements Unlimited Foundation C 260654 Direct cost