2023-05-15T13:17:56-05:00 2022-12-31 411360831 OLSEN THIELEN & CO LTD 2675 LONG LAKE ROAD ST PAUL MN 55113 990 2022-01-01 411903374 PLUS FOUNDATION PLUS 9527462590 5353 WAYZATA BLVD 306 MINNEAPOLIS MN 55416 GLENDA C SWAN EXECUTIVE DIRECTOR 9527462590 2023-05-12 1 GLENDA SWAN 999009999 0 RYAN VETTRUS CPA P01243596 6514834521 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z X GLENDA C SWAN 5353 WAYZATA BLVD 306 MINNEAPOLIS MN 55416 407658 0 X WWW.PLUSFOUNDATION.ORG X 1998 MN PROFESSIONAL LIABILITY INDUSTRY PHILANTHROPY,WOMEN'S LEADERSHIP,WORKPLACE DIVERSITY & OTHER CHARITABLE CAUSES 13 13 0 18 0 0 203878 249496 0 33200 216923 -819 11667 -19935 432468 261942 94878 120366 0 0 0 0 0 0 0 127453 194807 222331 315173 210137 -53231 1456145 1180549 69809 34274 1386336 1146275 X THE PLUS FOUNDATION SUPPORTS TOMORROW'S DIVERSE PROFESSIONAL LIABILITY WORKFORCE THROUGH OUTREACH, EDUCATION, MENTORING AND GIVING BACK. 0 0 285657 120366 33200 CHAPTER ALLY GRANTS: EIGHT PLUS CHAPTERS WERE AWARDED A TOTAL OF $32,500 IN ALLY GRANTS TO SUPPORT LOCAL CHARITIES THAT ADDRESS THE NEEDS OF THOSE WHO FACE OBSTACLES TO SECURING A JOB OR ADVANCING IN THEIR CAREER.CONFERENCE CAUSE: ZERO8HUNDRED, A SAN DIEGO NON-PROFIT THAT PROVIDES EDUCATION, SUPPORT, RETRAINING AND JOB PLACEMENT SERVICES WAS AWARDED $67,900. THE FOUNDATION COORDINATED A FUNDRAISING EFFORT AND VOLUNTEER INITIATIVE ON THE MILITARY BASE THAT ENGAGED 45 PLUS MEMBERS IN PACKING 500 CARE KITS OF ESSENTIAL ITEMS THAT WERE THEN DISTRIBUTED TO DEPLOYING TROOPS AND HOMELESS VETERANS.WOMEN'S LEADERSHIP NETWORK: CREATES OPPORTUNITIES FOR WOMEN TO NETWORK, IMPROVE THEIR PROFESSIONAL SKILLS, AND LEARN FROM THE EXPERIENCE OF OTHER ACCOMPLISHED FEMALE LEADERS. IN 2022, 432 WOMEN AND MEN ATTENDED 5 REGIONAL EVENTS; ABOUT 500 PEOPLE ATTENDED THE WLN LUNCHEON AT THE PLUS CONFERENCE IN SAN DIEGO. ADDITIONALLY, TWO WOMEN RECEIVED $5,000 SCHOLARSHIPS TO PURSUE LEADERSHIP EDUCATION AND WERE MATCHED WITH A MENTOR FOR 1 YEAR.LEADERSHIP & MENTORING PROGRAM (LAMP): IN 2022 NINE INDIVIDUALS PARTICIPATED IN THIS YEAR-LONG PROGRAM THAT PROVIDES EDUCATION, ONE-ON-ONE MENTORING, ATTENDANCE AT CONFERENCE AND SYMPOSIUM, AND ACCESS TO PLUS LEADERSHIP. 77 INDIVIDUALS HAVE GRADUATED FROM THIS PROGRAM SINCE 2016. IN 2022 4 COLLEGE STUDENTS WERE ALSO HOSTED BY LAMP TO ATTEND THE 3-DAY PLUS CONFERENCE. 285657 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 3 0 1 0 0 0 0 0 0 1 1 0 0 0 0 0 0 X 13 13 0 0 0 0 0 1 1 1 1 0 0 1 1 1 1 1 1 0 0 0 MN CT IL NY CA X THE ORGANIZATION 9527462580 5353 WAYZATA BLVD MINNEAPOLIS MN 55416 DANIEL AUSLANDER PRESIDENT 5.00 X X 0 0 0 ALLISON BARRETT VICE PRESIDENT 1.00 X X 0 0 0 ROB CROCITTO SECRETARY / TREASURER 0.50 X X 0 0 0 NANCY ADAMS TRUSTEE 0.50 X 0 0 0 BRIAN BRADEN TRUSTEE 0.50 X 0 0 0 STEVEN HANKE TRUSTEE 0.50 X 0 0 0 LYNN JOHNSON TRUSTEE 0.50 X 0 0 0 KYMBERLY HADZICK TRUSTEE 0.50 X 0 0 0 MICHELLE KLEIN TRUSTEE 0.50 X 0 0 0 JEREMY S SALZMAN TRUSTEE 0.50 X 0 0 0 JAHAN CEDENIO TRUSTEE 0.50 X 0 0 0 SARAH GOLDSTEIN TRUSTEE 0.50 X 0 0 0 BHUMA PATEL TRUSTEE 0.50 X 0 0 0 ROBBIE THOMPSON EXECUTIVE DIRECTOR, PLUS 1.00 40.00 X 0 288781 32895 GLENDA C SWAN EXEC.DIR, PLUS FOUNDATION 10.00 30.00 X 0 90949 15157 0 379730 48052 0 0 1 0 0 75550 9500 164446 249496 PROGRAMS 900099 33200 33200 33200 29382 29382 95580 125781 -30201 -30201 -30201 0 75550 19935 -19935 -19935 261942 33200 0 -20754 101366 101366 19000 19000 8476 8476 26183 26183 4355 4355 5544 5544 31301 26794 4507 15589 8955 6634 WOMEN'S LEADERSHIP PROG 103359 103359 315173 285657 29516 0 62591 62869 78889 24395 26000 12000 12500 430 14715 6857 1261450 1073998 1456145 1180549 809 10274 69000 24000 69809 34274 X 1372205 1122073 14131 24202 1386336 1146275 1456145 1180549 -53231 -186830 0 X X 0 1 X 1 0 X X 1 PROFESSIONAL LIABILITY UNDERWRITING SOCIETY 411605606 10 1 0 0 1 0 0 1 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 PART IV, SECTION A, LINE 3B REVENUE OF SUPPORTED ORGANIZATION WAS GREATER THAN 33 1/3% FROM RELATED ACTIVITIES AND LESS THAN 33 1/3% FROM GROSS INVESTMENT INCOME AND UBI. PART IV, SECTION A, LINE 3C PROFESSIONAL LIABILITY UNDERWRITING SOCIETY (PLUS), THE SUPPORTED ORGANIZATION, RECEIVES NO FUNDS FROM THE FOUNDATION. PLUS PROVIDES PLEDGED SUPPORT AND ADMINISTRATIVE SERVICES FOR THE FOUNDATION. IN CERTAIN INSTANCES, THE PLUS FOUNDATION AND PROFESSIONAL LIABILITY UNDERWRITING SOCIETY SHARE EXPENSES OF EDUCATIONAL SPEAKERS AT JOINT EVENTS WITHIN THE NON-PROFIT MISSION OF BOTH ORGANIZATIONS. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 X 384844 102148 102148 282696 -20754 -20754 261942 428780 102148 19935 122083 306697 8476 8476 315173 PART X, LINE 2: FIN 48 (ASC 740) DISCLOSURE FROM AUDITED FINANCIAL STATEMENTS: THE FOUNDATION IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND MINNESOTA STATUTES. THEREFORE, THE STATEMENTS DO NOT INCLUDE A PROVISION FOR INCOME TAXES. BECAUSE THE FOUNDATION IS A PUBLIC CHARITY, CONTRIBUTIONS MAY QUALIFY FOR TAX DEDUCTIONS BY THE CONTRIBUTORS. THE FOUNDATION REVIEWS INCOME TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN INCOME TAX RETURNS TO DETERMINE IF THERE ARE ANY INCOME TAX UNCERTAINTIES. THIS INCLUDES POSITIONS THAT THE FOUNDATION IS EXEMPT FROM INCOME TAXES OR NOT SUBJECT TO INCOME TAXES ON UNRELATED BUSINESS INCOME. THE FOUNDATION RECOGNIZES TAX BENEFITS FROM UNCERTAIN TAX POSITIONS ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITIONS WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES, BASED ON THE TECHNICAL MERITS OF THE POSITIONS. THE FOUNDATION HAS IDENTIFIED NO INCOME TAX UNCERTAINTIES. THE FOUNDATION FILES INFORMATION RETURNS AS A TAX EXEMPT ORGANIZATION. SHOULD THAT STATUS BE CHALLENGED IN THE FUTURE, ALL YEARS SINCE INCEPTION COULD BE SUBJECT TO REVIEW BY THE IRS. PART XI, LINE 4B - OTHER ADJUSTMENTS: INVESTMENT INCOME & REALIZED GAIN ON INVESTMENTS SOLD -819. DIRECT EXPENSES OF FUNDRAISING EVENT -19,935. PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT EXPENSES OF FUNDRAISING EVENT 19,935. STRIKES FOR CHARITY 75550 75550 19935 75550 75550 19935 19935 -19935 1 ZERO8HUNDRED 4699 MURPHY CANYON ROAD SAN DIEGO CA 92123 831268486 501(C)3 67900 0 CONFERENCE CAUSE 1 0 WOMEN'S LEADERSHIP NETWORK SCHOLARSHIP 2 10000 LAMP - CONFERENCE (2 EACH) AND SYMPOSIUM (1EACH) 9 6500 ACTUAL COST CONFERENCE CONFERENCE SCHOLARSHIP (COLLEGE STUDENTS) 3 2500 ACTUAL COST CONFERENCE PART I, LINE 2: EXAMINATION OF 990 FORMS OF CHARITABLE ORGANIZATIONS SELECTED FOR CHAPTER CHARITY AND CONFERENCE CAUSE GRANTS; YEARLY MONITORING OF SCHOLARSHIP RECIPIENTS ENSURING THEY CONTINUE TO QUALIFY FOR SCHOLARSHIPS. 0 0 0 0 0 0 0 0 0 ROBBIE THOMPSON EXECUTIVE DIRECTOR, PLUS 0 251114 0 37667 0 0 0 0 0 32895 0 321676 0 0 PART I, LINE 3 THE EXECUTIVE DIRECTOR OF THE FOUNDATION IS AN EMPLOYEE OF PROFESSIONAL LIABILITY UNDERWRITING SOCIETY (PLUS), A RELATED ORGANIZATION, THEREFORE HIS/HER COMPENSATION IS SET BY THE PLUS EXECUTIVE DIRECTOR. FORM 990, PART VI, SECTION A, LINE 7A THE BOARD OF DIRECTORS OF PROFESSIONAL LIABILITY UNDERWRITING SOCIETY, A RELATED ORGANIZATION, APPOINTS THE BOARD OF DIRECTORS OF THE FOUNDATION ON AN ANNUAL BASIS. FORM 990, PART VI, SECTION A, LINE 7B PROFESSIONAL LIABILITY UNDERWRITING SOCIETY, A RELATED ORGANIZATION, HAS ULTIMATE GOVERNING AUTHORITY OVER THE FOUNDATION. FORM 990, PART VI, SECTION B, LINE 11B THE EXECUTIVE COMMITTEE WILL REVIEW THE 990 ON A PHONE CALL, SUGGEST ANY CHANGES, AND THEN BRING THE FINAL VERSION TO THE BOARD FOR REVIEW AND APPROVAL. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS SIGN CONFLICT OF INTEREST AGREEMENTS ONCE A YEAR. BOARD MEMBERS MUST RECUSE THEMSELVES FROM VOTES/DISCUSSIONS THAT INVOLVE A CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE DIRECTOR OF THE FOUNDATION IS AN EMPLOYEE OF PROFESSIONAL LIABILITY UNDERWRITING SOCIETY (PLUS), A RELATED ORGANIZATION, THEREFORE HER COMPENSATION IS SET BY THE PLUS EXECUTIVE DIRECTOR. FORM 990, PART VI, SECTION C, LINE 19 FORMS ARE AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST. FORM 990, PART XII, LINE 2C: THE EXECUTIVE/FINANCE COMMITTEE HAS RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT. PROFESSIONAL LIABILITY UNDERWRITING SOCIETY 5353 WAYZATA BLVD MINNEAPOLIS MN 55416 411605606 EDUCATIONAL PROGRAMS AND SEMINARS MN 501(C)(6) N/A N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 PROFESSIONAL LIABILITY UNDERWRITING SOCIETY M 31226 ESTIMATED FAIR MARKET VALUE PROFESSIONAL LIABILITY UNDERWRITING SOCIETY O 90336 ESTIMATED FAIR MARKET VALUE