2024-10-31T09:22:52-05:00 2023-12-31 450250958 Eide Bailly LLP 800 Nicollet Mall Ste 1300 Minneapolis MN 554027033 990 2023-11-17 934509448 Taylor Family Farms Foundation Inc TAYL 6126728357 225 S 6th St Ste 1400 Minneapolis MN 55402 Kristin Duncanson President 6126728357 2024-10-30 1 1 Deb Nelson CPA P01264758 6122536500 2024-10-30 2023 2024-10-15 13:58:12Z X Kristin Duncanson 225 S 6th St Ste 1400 Minneapolis MN 55402 172800000 0 X N/A X 2023 IA To provide support to its supported organizations. 5 5 0 5 0 0 172800000 0 0 0 172800000 0 0 0 0 0 0 0 172800000 172800000 0 172800000 Taylor Family Farms Foundation is organized exclusively for the benefit of its supported organizations located within Minnesota, other than in the following counties: Hennepin, Ramsey, Washington, Anoka, Carver, Scott, and Dakota. 0 0 Taylor Family Farms Foundation supports its supported organizations through grant making. The organization was created at the end of 2023; thus no support to organizations was provided during the short period. 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 5 5 0 0 0 0 0 1 0 1 0 0 0 1 1 1 1 0 0 0 0 0 MN X Kristin Duncanson 6126728357 225 S 6th St Ste 1400 Minneapolis MN 55402 X Kristin Duncanson Chairperson & President 1.00 X X 0 0 0 Jeremy Wells Vice President 1.00 X X 0 0 0 Tim Penny Treasurer 1.00 X X 0 0 0 Chris Austin Secretary 1.00 X X 0 0 0 James Mulvilhill Director 1.00 X 0 0 0 0 0 0 0 0 0 0 0 172800000 172800000 172800000 172800000 0 0 0 0 0 0 0 172800000 0 172800000 0 172800000 0 0 X 0 0 0 0 0 172800000 0 172800000 0 172800000 172800000 0 X 0 0 0 X X X 3 Mankato Area Foundation 410011094 7 1 0 0 Saint Paul & Minnesota Foundation 416031510 7 1 0 0 Southern Minnesota Initiative Foundation 363454285 7 1 0 0 3 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 Schedule A, Part IV, Section A, Line 1 Taylor Family Farms Foundation is operated exclusively for the benefit of, to perform the functions of and/or to carry out the purposes of organizations described in 501(c)(3) and 509(a)(1) or (2) that are located within Minnesota other than in the following counties: Hennepin, Ramsey, Washington, Anoka, Carver, Scott, and Dakota. The support provided to this charitable class of organizations furthers the exempt purposes of the specified supported organizations that control Taylor Family Farms Foundation: Mankato Area Foundation, Southern Minnesota Initiative Foundation, and Saint Paul & Minnesota Foundation. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 172800000 172800000 172800000 X 14 172800000 Appraisal 0 0 0 0 Part I, Column (b): The amount reported in Part I, column B is the number of contributions. Form 990, Part VI, Section A, line 7a The Board shall have exactly five Directors. At all times the majority of the Board shall consist of Directors appointed by the following Supported Organizations: Mankato Area Foundation, Southern Minnesota Initiative Foundation, and Saint Paul & Minnesota Foundation (the Appointing Supported Organizations). Two board seats shall be reserved for and appointed by the Taylor Foundation. The remaining seats shall be filled by the Appointing Supported Organizations, with one Director appointed by each Appointing Supported Organization. Form 990, Part VI, Section A, line 8b There are no committees with authorization to act on behalf of the board. Form 990, Part VI, Section B, line 11b The Form 990 was reviewed by the board members prior to filing with the Internal Revenue Service. Form 990, Part VI, Section B, line 12c The conflict of interest policy is applicable to all officers, directors, and volunteers who can influence actions of the organization. The board or its duly appointed committee shall determine whether a conflict exists. Transactions with parties with whom a conflicting interest exists may be undertaken only if all of the following are observed: 1) The conflicting interest is fully disclosed; 2) The person with the conflict of interest is excluded from commenting upon or approving such transaction; 3) A competitive bid or comparable valuation exists to ensure that the transaction that is subject to the conflict is fair to the organization, and 4) The Board has determined that the transaction is in the best interest of the organization. Form 990, Part VI, Section C, line 19 The governing documents, conflict of interest policy and financial statements are available upon request. Mankato Area Foundation 212 E Walnut St 1 Mankato MN 56001 410011094 Community Foundation MN 501(c)(3) Line 7 N/A 0 Southern Minnesota Initiative Foundation 525 Florence Ave Owatonna MN 55060 363454285 Community Foundation MN 501(c)(3) Line 7 N/A 0 Saint Paul & Minnesota Foundation 101 5th St E Ste 2400 St Paul MN 55101 416031510 Community Foundation MN 501(c)(3) Line 7 N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0