2023-05-31T14:24:40-05:00 2022-12-31 410746749 CLIFTONLARSONALLEN LLP 220 S 6TH STREET SUITE 300 MINNEAPOLIS MN 55402 990 2022-01-01 411815585 MINNESOTA MILITARY FAMILY FOUNDATION MINN 7635442255 620 MENDELSSOHN AVE NORTH 130 GOLDEN VALLEY MN 55427 SUSAN KENNEDY TREASURER 7635442255 2023-05-26 1 SUSAN KENNEDY 999009999 0 JENNIFER TINGLEY P01485570 6123764500 2023-05-26 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z SUSAN KENNEDY 620 MENDELSSOHN AVE NORTH 130 GOLDEN VALLEY MN 55427 8773767 0 X WWW.MINNESOTAMILITARYFAMILYFOUNDATION.ORG X 1995 MN TO PROVIDE FINANCIAL SUPPORT TO MEMBERS OF THE NATIONAL GUARD AND ARMED FORCES. 10 10 0 20 0 0 1145671 1182821 0 0 294975 49055 -7801 -5205 1432845 1226671 330559 795453 0 0 0 0 0 0 0 24182 35005 354741 830458 1078104 396213 9053390 8517886 21144 26825 9032246 8491061 X THE PURPOSE OF THE FOUNDATION IS TO PROVIDE TIMELY FINANCIAL ASSISTANCE TO DEPLOYED AND CURRENTLY SERVING MINNESOTA MILITARY PERSONNEL AND THEIR FAMILIES, WHO HAVE A FINANCIAL CRISIS THAT IS NOT SUPPORTED BY EXISTING STATE OR FEDERAL PROGRAMS. 0 0 795453 795453 0 MINNESOTA MILITARY FAMILY FOUNDATION (THE FOUNDATION) IS A COMMUNITY-SUPPORTED FUND FOUNDED IN NOVEMBER 2004. CONTRIBUTIONS ARE MADE BY PEOPLE WHO UNDERSTAND THAT THERE ARE MANY SACRIFICES THAT MILITARY FAMILIES MAKE AND WANT TO HELP SOFTEN THE FINANCIAL HARDSHIPS THAT MAY OCCUR, ESPECIALLY WHEN A FAMILY MEMBER IS DEPLOYED, BY PROVIDING A FINANCIAL SAFETY NET. THE FOUNDATION DISTRIBUTES MONEY, THROUGH GRANTS, TO MINNESOTA MILITARY FAMILIES THAT NEED HELP. THE FOUNDATION WORKS CLOSELY WITH THE SOLDIER AND FAMILY READINESS SPECIALISTS (SFRS). THE SFRS COMMUNICATES DIRECTLY WITH MILITARY MEMBERS AND THEIR FAMILIES. THEY DIRECT REQUEST TO THE FOUNDATION AND PROVIDE DETAILS OF THE SERVICE MEMBERS' FINANCIAL NEEDS. THE FOUNDATION PAYS MORTGAGE PAYMENTS, RENTS, UTILITIES, CAR PAYMENTS, MEDICAL BILLS AND OTHER NEEDS ON BEHALF OF THE SERVICE MEMBERS. 795453 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 X 10 10 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 MN X SUSAN KENNEDY 7635442255 620 MENDELSSOHN AVE NORTH GOLDEN VALLEY MN 55427 X BILL POPP PRESIDENT 3.00 X X 0 0 0 JON TROST VICE PRESIDENT 4.00 X X 0 0 0 SUSAN KENNEDY TREASURER 20.00 X X 0 0 0 DENNIS ANGELL DIRECTOR 3.00 X 0 0 0 JAMES CAREY DIRECTOR 2.00 X 0 0 0 DAVID HAMLAR DIRECTOR 1.00 X 0 0 0 TOM JENKINS DIRECTOR 2.50 X 0 0 0 TOM LYONS DIRECTOR 10.00 X 0 0 0 JASON MCBURLEY DIRECTOR 2.00 X 0 0 0 TIM MCELROY DIRECTOR 2.50 X 0 0 0 TIM KENNEDY SECRETARY/EXECUTIVE DIRECT 15.00 X 0 0 0 0 0 0 0 0 0 0 0 250022 509216 423583 1182821 226919 226919 7349427 7527291 -177864 -177864 -177864 14600 250022 19805 -5205 -5205 1226671 0 0 43850 795453 795453 6276 6276 23597 23597 5132 5132 830458 795453 35005 0 351021 277494 8702369 8240392 9053390 8517886 13377 25000 7767 1825 21144 26825 X 9032246 8491061 9032246 8491061 9053390 8517886 396213 -937398 0 X X 0 1 X 1 0 X 1315083 1019282 854002 1145671 1197421 5531459 1315083 1019282 854002 1145671 1197421 5531459 197133 5334326 176171 159390 148140 184359 226919 894979 6694 6694 6433132 0.82920 0.83270 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: ANNUITY INTEREST - 2019 AMOUNT: $ 6,694. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 265676 -937398 -937398 1203074 23597 23597 1226671 806861 0 806861 23597 23597 830458 GOLF EVENT 264622 250022 14600 16668 3137 264622 250022 14600 16668 3137 19805 -5205 1 DIRECT ASSISTANCE 149 795453 N/A N/A PART I, LINE 2: THERE IS NO FORMAL MONITORING REQUIRED. FORM 990, PART VI, SECTION A, LINE 1A THE EXECUTIVE COMMITTEE SHALL CONSIST OF THE SECRETARY AND TWO OTHER PERSONS APPOINTED FROM THE BOARD BY THE PRESIDENT WITH THE APPROVAL OF THE BOARD. THE EXECUTIVE COMMITTEE WILL ALWAYS HAVE AT LEAST THREE MEMBERS. IT SHALL BE IN CHARGE OF THE AFFAIRS AND PROGRAMS OF THE CORPORATION AND THE BOARD BETWEEN THEIR REGULAR MEETINGS. THE EXECUTIVE COMMITTEE MAY IN CASE OF NECESSITY OR EMERGENCY ACT ON BEHALF OF THE BOARD, SUBMITTING ITS ACTIONS FOR BOARD APPROVAL OR RATIFICATION. THREE MEMBERS OF THE EXECUTIVE COMMITTEE SHALL COMPRISE A QUORUM. FORM 990, PART VI, SECTION A, LINE 2 TIM KENNEDY AND SUSAN KENNEDY - FAMILY RELATIONSHIP FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 WAS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM BASED ON INFORMATION PROVIDED BY THE ORGANIZATION. THE FORM 990 WAS THEN REVIEWED BY THE FINANCE COMMITTEE AND APPROVED BY THE FULL BOARD BEFORE FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C DIRECTORS AND OFFICERS ARE REQUIRED TO DISCLOSE TRANSACTIONS IN WHICH THEY HAVE AN ACTUAL OR POTENTIAL CONFLICT OF INTEREST TO THE MMFF EXECUTIVE COMMITTEE. ANNUALLY, EACH BOARD MEMBER ACKNOWLEDGES THEIR AGREEMENT TO DISCLOSE ANY CONFLICTS OF INTEREST. BOARD MEMBERS ARE PROHIBITED FROM VOTING ON TRANSACTIONS IN WHICH THEY HAVE A CONFLICT OF INTEREST AND ARE NOT COUNTED IN DETERMINING THE PRESENCE OF A QUORUM. FORM 990, PART VI, SECTION C, LINE 19 THE FOUNDATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE NOT MADE AVAILABLE FOR PUBLIC INSPECTION. FORM 990, PART XII, LINE 2C THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.