2023-09-08T13:27:20-05:00 2022-12-31 411397419 Abdo LLP 5201 Eden Avenue Suite 250 Edina MN 55436 990 2022-01-01 411761590 Grand Rapids Area Community Foundation GRAN 2189999100 350 NW First Ave E Grand Rapids MN 55744 Mindy Nuhring Executive Director 2189999100 2023-08-30 1 Mindy Nuhring XXX-XX-XXXX 0 Steven D Anseth CPA P00552219 9528359090 2023-08-30 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z Mindy Nuhring 350 NW First Ave E Grand Rapids MN 55744 7688152 0 X www.gracf.org X 1993 MN Inspire individuals and organizations to invest in the community to improve quality of life. 12 12 6 225 0 0 2293051 2612244 0 0 1704433 1104865 8836 0 4006320 3717109 1299920 1537808 0 0 292877 262346 0 0 55261 283490 333622 1876287 2133776 2130033 1583333 30863556 28200490 269803 3211748 30593753 24988742 Inspire individuals and organizations to invest in their community to improve the quality of life. 0 0 1839997 1537808 0 In 2022, the Foundation provided 863 grants, totaling $1,371,321 back to the community. The Foundation also provided 164 scholarships totaling $262,150 to individuals and families. The Foundation has a diverse group of donors and community need. 1839997 1 1 0 0 0 1 0 0 0 1 1 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 2 0 1 6 1 0 0 0 0 0 0 0 0 0 0 0 0 X 12 12 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MN X X The Organization 2189999100 350 NW First Ave E Grand Rapids MN 55744 Christina Andersen Director 1.00 X 0 0 0 Cynthia Margo Past Chair 5.00 X X 0 0 0 Diane Larson Secretary 1.00 X 0 0 0 Isaac Meyer Director 1.00 X 0 0 0 Jerry Ophoven Director 1.00 X 0 0 0 Josh Skelton Director 1.00 X 0 0 0 Julie Wilcox Vice Chair 5.00 X X 0 0 0 Kelly Kabotoff Director 1.00 X 0 0 0 Kristian Myers Chair 5.00 X X 0 0 0 Kyle Erickson Director 1.00 X 0 0 0 Sarah Anderson Director 1.00 X 0 0 0 Shannon Benolken Treasurer 5.00 X X 0 0 0 Susan Lynch Executive Director (Jan-Oct) 40.00 X 65709 0 0 Mindy Nuhring Executive Director (Oct-Dec) 40.00 X 75871 0 0 141580 0 0 0 0 0 0 0 2612244 2694 2612244 677396 677396 4398512 3971043 427469 427469 427469 3717109 0 0 1104865 1287125 1287125 250683 250683 141580 67746 57425 16409 84136 40268 34130 9738 6822 3264 2768 790 11876 5684 4817 1375 17932 8581 7273 2078 51069 51069 19863 19863 6212 4659 1553 89503 42831 36304 10368 1402 1262 140 3831 1834 1553 444 2944 1409 1194 341 Fiscal sponsorship expe 112511 112511 Supplies 8403 840 7563 Fundraising Expense 8356 8356 Postage, Shipping, and 8259 5781 826 1652 21269 5519 13593 2157 2133776 1839997 238518 55261 1869226 2763026 387533 791060 14750 272494 3074 20697 55444 49009 7035 6435 28324194 24524683 0 79839 30863556 28200490 68482 35827 12250 217533 189071 2958388 269803 3211748 X 743548 512337 29850205 24476405 30593753 24988742 30863556 28200490 1583333 -4394113 -107009 -2687222 0 X X 0 1 X 1 0 X 2094989 2001181 3029350 2293051 2612244 12030815 2094989 2001181 3029350 2293051 2612244 12030815 3536059 8494756 642780 517188 568143 775601 677396 3181108 895 10801 8836 20532 15232455 0.55770 0.55550 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 53 1733959 1244790 5624029 1 1 26285826 1670495 -2809598 1243972 23902751 22901569 1443451 3013425 1072619 26285826 20507223 1295733 1800042 701429 22901569 16520916 1209221 3409367 632281 20507223 17377404 917364 -1074898 698954 16520916 0.77836 0.22164 0 0 55444 49009 6435 6435 Annuities payable 182836 Funds held for others 7289 Lease Liability 81031 Agency Fund Liability 2687232 2958388 -784013 -4394113 -4394113 3610100 107009 107009 3717109 2133776 0 2133776 0 2133776 Part V, Line 4: The Foundation's endowment consist of funds established for a variety of purposes. The endowment is comprised of donor-restricted endowment funds. As required by accounting principles generally accepted in the United States of America, net assets associated with endowment funds are classified and reported based on the existance or absence of donor imposed restrictions. 1 Loon Country Quilters PO Box 6053 Grand Rapids MN 55744 263725988 501(C)(7) 9000 0 Sports and Recreation City of Nashwauk 301 Central Avenue Nashwauk MN 55769 416005403 Municipality 7500 0 Community Long Lake Conservation Center 28952 438th Lane Palisade MN 56469 416005749 501(C)(3) 6405 0 Community City of Bovey PO Box 399 Bovey MN 557090399 416004994 Municipality 10000 0 Sports and Recreation City of Hill City PO Box 160 Hill City MN 55748 416005235 Municipality 11626 0 Sports and Recreation Goodland Township 13502 Community Center Rd Goodland MN 55742 411556272 Municipality 7000 0 Community Itasca Driftskipper Snowmobile Club Inc 11 Paige Place Grand Rapids MN 55744 237328627 501(C)(3) 10000 0 Sports and Recreation Itasca Community Connect 825 Lily Lane Grand Rapids MN 55744 416052144 501(C)(3) 6500 0 Community Swan Lake Country Club PO Box 308 Pengilly MN 55775 121234567 501(C)(3) 11100 0 Community Youth for Christ PO Box 209 Grand Rapids MN 55744 411325636 501(C)(3) 9000 0 Annual Distribution Grand Rapids United Methodist Church 1701 SE 5th Avenue Grand Rapids MN 55744 411404693 501(C)(3) 9750 0 Clothing Advocates For Family Peace 1611 NW 4th street Grand Rapids MN 55744 411377489 501(C)(3) 7000 0 Peace and Safety Itasca Hospice Foundation PO Box 5093 Grand Rapids MN 55744 411375722 501(C)(3) 25029 0 Annual Distribution Itasca County Family YMCA 400 River Road Grand Rapids MN 55744 411358634 501(C)(3) 12243 0 Youth Grand Rapids Area Library Friends 140 NE 2nd Street Grand Rapids MN 55744 411422956 501(C)(3) 5250 0 Education Northern Community Radio (KAXEKBXE) 260 NE 2nd St Grand Rapids MN 55744 410989515 501(C)(3) 24574 0 Annual Distribution Itasca County Historical Society 201 N Pokegama AV Grand Rapids MN 55744 410984222 501(C)(3) 6695 0 Annual Distribution Legal Aid Services of NE MN 350 NW 1st Avenue Suite F Grand Rapids MN 55744 410958386 501(C)(3) 10000 0 Housing Project Care Free Clinic 100 3rd St NW Grand Rapids MN 55744 273176137 501(C)(3) 10000 0 Health and Well-Being Community Cafe Inc PO Box 5192 Grand Rapids MN 55744 201239743 501(C)(3) 40650 0 Food MacRostie Art Center 405 NW 1st Avenue Grand Rapids MN 55744 237105948 501(C)(3) 10550 0 Food Boys & Girls Clubs of Grand Rapids and Greenway PO Box 61 Grand Rapids MN 55744 410969947 501(C)(3) 12364 0 Youth GRACE House of Itasca County 501 SW 1st Ave Grand Rapids MN 55744 141974011 501(C)(3) 9750 0 Community First Call for Help 211 1007 NW 4th St Suite B Grand Rapids MN 55744 363541015 501(C)(3) 84538 0 Health and Well-Being Northland Counseling Center 200 SE 4th street Grand Rapids MN 55744 410859738 501(C)(3) 36883 0 Crisis Housing Grand Rapids Area Library 140 NE 2nd Street Grand Rapids MN 55744 411422956 501(C)(3) 34108 0 Annual Distribution Grand Rapids Farmers Market 62817 Great River Rd Jacobson MN 55752 274848701 501(C)(3) 5500 0 Food KOOTASCA Community Action 201 NW 4th St Suite 130 Grand Rapids MN 55744 410904805 501(C)(3) 56127 0 Annual Distribution Great Tails Animal Rescue 201 NW 4th St Grand Rapids MN 55744 832424258 501(C)(3) 29695 0 Animals Itasca Orchestra and Strings Program PO Box 140 Grand Rapids MN 55744 411423314 501(C)(3) 19281 0 Arts and Culture Itasca County Health and Human Services 1209 SE 2nd Ave Grand Rapids MN 55744 416005810 501(C)(3) 11148 0 Crisis Oral Health Judy Garland Children's Museum PO Box 724 Grand Rapids MN 55744 411790485 501(C)(3) 7300 0 Families Second Harvest North Central Food Bank PO Box 5130 Grand Rapids MN 55744 411782776 501(C)(3) 99560 0 Annual Distribution Great Minds Learning Center 111 Golf Course Rd Grand Rapids MN 55744 452513099 501(C)(3) 11866 0 Education Zion Lutheran Church 2901 South Hwy 169 Grand Rapids MN 55744 416008175 501(C)(3) 7291 0 Clothing Zion Lutheran Church 3040 Davis Rd Grand Rapids MN 55744 416008175 501(C)(3) 7500 0 Annual Distribution Itasca County Land Dept 1177 LaPrairie Ave Grand Rapids MN 55744 416005810 501(C)(3) 20000 0 Sports and Recreation Triform Camphill Community Foundation 20 Tri Form Rd Hudson NY 125344542 141834558 501(C)(3) 10000 0 Community Reif Arts Council 720 Conifer Drive Grand Rapids MN 55744 411447509 501(C)(3) 112650 0 Community ElderCircle 400 River Rd Suite 1 Grand Rapids MN 55744 411994691 501(C)(3) 85565 0 Annual Distribution Lawron Trail Riders PO Box 322 Bovey MN 55709 411892972 501(C)(3) 10000 0 Sports and Recreation Grand Itasca Foundation 1601 Golf Course Road Grand Rapids MN 55744 411560554 501(C)(3) 20590 0 Annual Distribution American Red Cross 1201 West River Parkway Minneapolis MN 55454 530196605 501(C)(3) 7000 0 Crisis Itasca Friendship Club 812 S Pokegama Avenue Grand Rapids MN 55744 411761590 501(C)(3) 8217 0 Community Forward Health Foundation 1057 Comstock Drive Deer River MN 56636 411770765 501(C)(3) 5700 0 Health and Well-Being Support Within Reach 9 Willow Lane Grand Rapids MN 55744 411740735 501(C)(3) 7584 0 Peace and Safety Itasca County Habitat for Humanity 510 SE 11th St Grand Rapids MN 55744 411732842 501(C)(3) 11250 0 Housing Grand Itasca Clinic and Hospital 1601 Golf Course Rd Grand Rapids MN 55744 411865874 501(C)(3) 7943 0 Crisis Transportation Itasca Area Cancer Crisis Endowment 32546 Southwood Rd Grand Rapids MN 55744 411761590 501(C)(3) 7560 0 Crisis Northern Lights Nordic Ski Club PO Box 475 Grand Rapids MN 55744 411748417 501(C)(3) 8500 0 Sports and Recreation 38'ers Snowmobile Club 36085 Co Rd 19 Deer River MN 56636 264518130 501(C)(4) 10000 0 Sports and Recreation Bigfork Valley Hospital 258 Pine Tree Drive Bigfork MN 56628 411242647 Hospital 22085 0 Annual Distribution ISD #317 500 5th ST SE Deer River MN 56636 416001597 School 11301 0 Annual Distribution District 318 Endowment Fund 820 NW First Avenue Grand Rapids MN 55744 411680100 School 27595 0 Annual Distribution Bugonaygeshig School 15353 Silver Eagle Dr NW Bena MN 56626 411242052 School 6000 0 Education Independent School District 318 820 NW First Avenue Grand Rapids MN 55744 416001593 School 65145 0 Annual Distribution Grand Rapids High School 800 Conifer Drive Grand Rapids MN 55744 416001593 School 5632 0 Education 40 17 Scholarships and awards 161 250683 Part I, Line 2: Depending on the size of the grant, a site visit is conducted. Staff may also interview key staff identified in the grant proposal, interview collaborative partners, and interview other funding sources. If the Foundation elects to make an expenditure responsibility grant, it requires the grantee to submit a written report summarizing the project promptly following the end of the period during which it used all grant funds and to submit any interim reports the Foundation may require. Form 990, Part VI, Section B, line 11b The Form 990 is reviewed by the finance committee and presented to the Board of Directors for further review and final approval. This includes an audit presentation to the Board of Directors by the auditing agency. Form 990, Part VI, Section B, line 12c The conflict of interest policy delineates the responsibilities of all board members and staff of the Community Foundation. This policy is personally signed on an annual basis at the annual meeting or as soon as available thereafter. Records are maintained in the Executive Director's office. Conflicts of interest are rare, but board processes account for regular reminders and enforcement as needed. Form 990, Part VI, Section B, line 15 Board officers are not compensated per bylaws. The governance committee has responsibility to "recommend for approval by the board compensation for the Executive Director and key staff". This is accomplished at the yearly November board meeting. Compensation is generally determined by comparison to the latest salary tables as published by The Council on Foundations Longevity, market performance, inflation, and merit can impact compensation on a year-to-year basis. Form 990, Part VI, Section C, line 19 Governing documents, including bylaws and policies are available upon request. Audit reports and Form 990s (recent 3 years) are available as requested directly from the staff. Form 990s are also available on GuideStar. Form 990, Part XII, Line 2c: This process has not changed from the prior year.