2023-10-02T09:31:15-04:00 2022-12-31 411620961 LEWIS KISCH & ASSOCIATES LTD 1125 SOUTH FRONTAGE ROAD SUITE 1 HASTINGS MN 550332489 990 2022-01-01 411880438 HASTINGS PUBLIC SCHOOLS FOUNDATION HAST 6514383789 1807 MARKET BLVD - PMB 335 HASTINGS MN 55033 JEAN LANGLAIS TREASURER/SECRETARY 6514383789 2023-10-02 true JEAN LANGLAIS 999009999 true THOMAS A MADSEN P00543681 6514373356 2023-10-02 2022 2023-04-26 12:10:37Z JEAN LANGLAIS 1807 MARKET BLVD - PMB335 HASTINGS MN 55033 62244 false X WWW.HASTINGSPSF.ORG X 1997 MN THE PURPOSE OF THE HASTINGS PUBLIC SCHOOLS FOUNDATION IS TO ENRICH EDUCATIONAL EXPERIENCES WITHIN THE HASTINGS, MINNESOTA PUBLIC SCHOOLS. 10 10 0 12 0 40804 26941 0 37235 35303 0 78039 62244 52568 12950 0 0 0 3596 13138 7228 65706 20178 12333 42066 2346498 2088268 0 2346498 2088268 X THE PURPOSE OF THE HASTINGS PUBLIC SCHOOLS FOUNDATION IS TO ENRICH EDUCATIONAL EXPERIENCES WITHIN THE HASTINGS, MINNESOTA PUBLIC SCHOOLS. false true 12950 12950 THE ORGANIZATION'S MAIN FOCUS HAS BEEN TO BUILD AN INITIAL 1 MILLION PERMANENT ENDOWMENT FUND. AS OF DECEMBER 31, 2004, THE FUND BALANCE SURPASSED THE INITIAL 1 MILLION GOAL. THE FUND WILL BE INVESTED SO AS TO PRESERVE ITS CAPITAL AND GENERATE STEADY INCOME AND LONG-TERM GROWTH. BEGINNING IN 2005 A PORTION OF THE INCOME IS BEING DISBURSED TO DISTRICT 200 EDUCATORS FOR PROGRAMS THAT PROMOTE AND ENHANCE EDUCATIONAL OPPORTUNITIES IN THE HASTINGS, MINNESOTA, PUBLIC SCHOOLS. SPECIFIC PROGRAM EXPENSES FOR 2022 INCLUDED SCHOLARSHIPS OF 12,950. 12950 true false false false false true false false false true false false false false false false false false false false false false false false false false false false true false false false false false false false false false false false false false false false false false false true 1 0 true 0 false false false false false false false false false false false false X 10 10 false false false false false false false true true false false true true true true true true false false false MN X X JEAN LANGLAIS 6514383789 1807 MARKET BLVD PMB 335 HASTINGS MN 55033 X LEON ENDRES BOARD MEMBER 0.38 X 0 0 0 DR CHRIS JOHNSTON BOARD MEMBER 0.10 X 0 0 0 JEAN LANGLAIS TREASURER/SE 3.00 X X 0 0 0 RITA MOLITOR BOARD MEMBER 0.38 X 0 0 0 JAKE MOORE BOARD MEMBER 0.10 X 0 0 0 LESLIE NIELSEN VICE PRESIDE 3.00 X X 0 0 0 JIM REISSNER BOARD MEMBER 0.38 X 0 0 0 JOYCE SIEBEN BOARD MEMBER 0.38 X 0 0 0 JENNIFER SUEBERT BOARD MEMBER 0.38 X 0 0 0 RICHARD WELSHONS PRESIDENT 0.62 X X 0 0 0 false false false 26941 26941 35303 35303 62244 35303 12950 12950 1800 1800 2277 2277 1291 1291 1500 1500 DUES AND SUBSCRIPTIONS 275 275 MISCELLANEOUS EXPENSE 32 32 CREDIT CARD COLLECTION FE 28 28 FILING FEES 25 25 20178 12950 3632 3596 373 373 221984 236069 2124141 1851826 2346498 2088268 0 0 X 1155650 930186 1190848 1158082 2346498 2088268 2346498 2088268 42066 -300296 X true X false true false X 103502 55395 40402 40804 26941 267044 103502 55395 40402 40804 26941 267044 267044 34005 33934 39973 37235 35303 180450 447494 13481 0.59680 0.62230 X 26941 12950 true true 1014199 1014199 1014199 1014199 1014199 1014199 1014199 1014199 1014199 1014199 1.00000 false false SCHEDULE D, PAGE 2, PART V, LINE 4 THE FUND IS INVESTED TO PRESERVE ITS CAPITAL AND GENERATE A STEADY INCOME AND LONG-TERM GROWTH. A PORTION OF THE INCOME IS BEING DISTRIBUTED TO DISTRICT 200 EDUCATORS FOR PROGRAMS THAT PROMOTE AND ENHANCE EDUCATIONAL OPPORTUNITIES IN THE HASTINGS PUBLIC SCHOOLS. true T KEENE SCHOLARSHIP 3 3000 MILLER-OYS SCHOLARSHIP 1 1500 LARSON/L KEENE SCHOLARSHI 2 3000 KRANZ SCHOLARSHIP 1 450 W & C BAUER SCHOLARSHIP 1 5000 SCHEDULE I, PAGE 1, PART I, LINE 2 TOM KEENE MEMORIAL FUND: MUST GRADUATE FROM HASTINGS HIGH SCHOOL AND BE A MEMBER OF THE WRESTLING PROGRAM. MILLER-OYS SCHOLARSHIP FUND: A RECENT GRADUATING HIGH SCHOOL SENIOR WHO WILL BE PURSUING A CAREER IN NURSING (INCLUDING A NON DEGREE PROGRAM) OR A DEGREE IN SCIENCE OR ENGINEERING. SCHOLARSHIP IS AWARDED AFTER SEEING STUDENTS TRANSCRIPTS. LARSON/L KEENE SCHOLARSHIP FUND: A RECENT GRADUATING HIGH SCHOOL SENIOR PURSUING POST-HIGH SCHOOL EDUCATION. SCHOLARSHIP IS AWARDED AFTER SEEING STUDENTS TRANSCRIPTS. MIKE KRANZ SCHOLARSHIP FUND: A RECENT GRADUATING HIGH SCHOOL SENIOR AND A DISTRICT 200 STUDENT ATHLETE. SCHOLARSHIP IS AWARDED AFTER SEEING STUDENTS TRANSCRIPTS. W & C BAUER SCHOLARSHIP FUND: RECENT GRADUATING HIGH SCHOOL SENIORS PURSUING POST-HIGH SCHOOL EDUCATION IN CONSTRUCTION/OTHER TRADES. FORM 990, PAGE 2, PART III, LINE 3 THE FOUNDATION FILED A NOTICE OF INTENT TO DISSOLVE ON MARCH 31, 2023 AND LIQUIDATION WAS COMPLETED BY JUNE 30, 2023. FORM 990, PAGE 6, PART VI, LINE 11B THE TREASURER REVIEWS THE FORM 990 WITH THE HPSF FINANCE COMMITTEE AND THEN THE BOARD. FORM 990, PAGE 6, PART VI, LINE 12C THE BOARD REVIEWS THE CONFLICT OF INTEREST POLICY WITH THE BOARD OF DIRECTORS AT ITS ANNUAL MEETING. FORM 990, PAGE 6, PART VI, LINE 19 UPON REQUEST AND ON THE ORGANIZATION'S WEBSITE.