2024-08-15T08:17:39-05:00 2023-09-30 450250958 Eide Bailly LLP 4585 Coleman St Ste 200 Bismarck ND 58503 990 2022-10-01 450368679 Dakota Medical Charities DAKO 7012710263 4321 20th Ave S Fargo ND 58103 Michael Schumacher CFO/CIO 7012710263 2024-08-14 1 1 Lisa Chaffee CPA P00193453 7012551091 2024-08-13 2022 2024-08-08 14:25:15Z J Patrick Traynor 4321 20th Ave S Fargo ND 58103 3717977 0 X www.dakmed.org X 1982 ND Carry out the charitable health related purposes of Dakota Medical Foundation. 13 13 18 245 13207 0 2000 0 0 18000 7830078 3699977 2667 0 7834745 3717977 2210299 1183953 0 0 1586016 1604604 0 0 0 1056795 1072817 4853110 3861374 2981635 -143397 75876524 79621913 255337 366490 75621187 79255423 X With the aim to positively impact health in our region, Dakota Medical Charities hosts a family of programs and education initiatives. We lead initiatives to create a region of the healthiest people, build the fundraising success of charities, and invest in new ideas that create widespread health improvement.We further invest our resources in helping charities become exceptional at fundraising. With adequate money for their missions, organizations multiply their impact on health and quality of life. 1 0 2488286 1070953 18000 Dakota Medical Foundation (DMF) and its supporting organization, Dakota Medical Charities (DMC), (the "Foundations") are recognized leaders dedicated to addressing societal health problems and improving the health and quality of life for people across North Dakota and northwest Minnesota. The Foundations focus their grants and initiative programs in support of the following areas: Access to Healthcare, Chronic Disease Prevention, Organizational Effectiveness, and Innovation. ACCESS TO HEALTHCARELend A Hand Up Initiative: In 2007, Dakota Medical Foundation established the Lend A Hand Up Initiative to provide financial and fundraising assistance to a defined charitable class of families and individuals in Cass County, ND and Clay County, MN that experience financial hardships due to catastrophic medical issues. In 2019, the mission was expanded to include residents of Becker County, MN. In 2022, the mission was expanded to include financial hardship due to a traumatic event or recent loss of life, in addition to critical health issues. In 2023, the Lend A Hand Up program helped raise $2 million for 70 qualified families. Lend A Hand Up participated in Giving Hearts Day 2023 and raised nearly $125,000 to support financial boosts distributed to each family served by the program. The Foundations have provided boost funding totaling more than $3 million since 2008. 1066783 113000 ORGANIZATIONAL EFFECTIVENESSIn 2023, the Foundations provided $113,000 in grants to Impact Foundation for training and coaching nonprofit leaders involved in Giving Hearts Day across the region. Impact Training and Coaching: The High Impact Institute's ultimate goal is to help individuals and organizations unlock their potential to serve. The High Impact Institute works to help charities build a systematic approach to fundraising and a high impact approach to Board-CEO-team leadership. The High Impact Institute also serves as a co-host and fundraising coach for charities in Giving Hearts Day, one of the first and longest running giving days in the United States. Since 2008, Giving Hearts Day has helped charities raise more than $165 million to improve health and quality of life in North Dakota and northwest Minnesota. DMF Center for Excellence & Innovation: In March 2013, DMF opened a newly-constructed 18,800 square foot building as a gift to the community serving as a nonprofit community center to educate and train area nonprofits, as well as a gathering space for local nonprofits. In 2023, 228 nonprofits used the facility at little or no cost for nearly 500 training, education, and retreat events with more than 8,000 community members in attendance. Since March 2013, over 1,500 nonprofits have utilized the space for 3,100 events with more than 93,000 combined attendees.GivingHeartsDay.org: This technology platform allows charities to accept online contributions from donors, share their stories, and engage volunteers. The website received several upgrades including an update to the admin features to improve charity satisfaction, functionality and overall user experience. The platform also leveraged a stress testing environment to refine high-performance system architecture.Giving Hearts Day Initiative: Together, with Impact Foundation and the Alex Stern Family Foundation, Dakota Medical Foundation hosts an annual 24-hour giving day to boost charity awareness and volunteering and giving in our region. Since inception in 2008, Giving Hearts Day has generated contributions for charities across North Dakota and northwest Minnesota totaling more than $165 million. In fiscal year 2023, Foundation staff led and coordinated the complex undertaking of managing 562 charitable causes and nearly 42,000 donors' experience in our region's most generous day. In 2023, the Foundations expanded ways to give through donation of goods and food items. Area businesses and food pantries hosted the first-ever statewide Giving Hearts Day Food Drive with more than 8,500 pounds of food donated and distributed to food pantries and charities across North Dakota. The Foundations have provided nearly $7.3 million in matching fund grants and incentive grants for participating organizations since inception. 3555069 1 0 0 0 0 0 0 0 0 1 0 1 0 0 1 1 0 1 0 0 1 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 10 0 1 18 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 13 13 1 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 0 1 0 MN X Michael Schumacher 7012710263 4321 20th Ave S Fargo ND 58103 J Patrick Traynor Executive Director 20.00 21.00 X 227230 227230 86574 Michael Schumacher CFO 20.00 21.00 X 219201 0 48599 Rob Lauf DDS Vice Chair (Oct- Dec 22)/ Chair (Jan-Sept 23) 2.00 4.00 X X 0 0 0 Amanda Thomas Director/Chair Oct - Dec 22 1.00 2.00 X X 0 0 0 Nola McNeally JD Director/Vice Chair (Jan - Sept 23) 1.00 2.00 X X 0 0 0 Chris Kennelly Secretary 1.00 3.00 X X 0 0 0 Eric Monson Treasurer 1.00 2.00 X 0 0 0 Hope Yongsmith MD Director (Oct -Dec 22) 1.00 2.00 X 0 0 0 David Akkerman MD Director 1.00 2.00 X 0 0 0 Susan Mathison MD Director 1.00 2.00 X 0 0 0 Julene Brown RN Director 1.00 4.00 X 0 0 0 Jennifer Thompson Director 1.00 4.00 X 0 0 0 Barbra Brookshire OD Director 1.00 4.00 X 0 0 0 John Deutsch Pharm D Director 1.00 2.00 X 0 0 0 Seth Novak Director (Oct -Dec 22) 1.00 2.00 X 0 0 0 Kim Meyer Director 1.00 2.00 X 0 0 0 Jessica Kuhn CNP Director (Jan - Sept 23) 1.00 4.00 X 0 0 0 446431 227230 135173 2 0 1 0 SEI Investment Management 1 Freedom Valley Drive Oaks PA 19456 Investment Management 318327 1 SERVICE CONTRACT 900099 18000 18000 18000 2735393 13207 2722186 964584 0 964584 964584 964584 3717977 18000 13207 3686770 1183953 1183953 442382 365639 76743 845683 739908 105775 102578 90930 11648 128025 110837 17188 85936 73976 11960 16800 16800 327105 294394 32711 58249 50964 7285 96485 96485 56493 51313 5180 24780 9280 15500 14406 12103 2303 11717 11717 Giving Hearts Day 441864 441864 Dues & Subscriptions 24908 21696 3212 10 10 3861374 3555069 306305 0 475211 1083085 602 1943 57769131 60268244 15137023 16311420 2494557 1957221 75876524 79621913 255337 335445 0 31045 255337 366490 X 75217914 78852150 403273 403273 75621187 79255423 75876524 79621913 -143397 3777633 0 X X 0 1 X 1 0 X X 2 Dakota Medical Foundation 456012318 7 1 500000 0 Class of Supported Organizations 000000000 7 0 683953 0 2 1183953 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 Part IV, Section A, Line 1: Dakota Medical Foundation is specified by name in the organization's governing documents. In addition, the governing documents specify a class of organizations operated exclusively for one or more purposes described in Section 501(c)(3) that are exempt from federal income taxes under Section 501(a) and the support of which is consistent with the charitable health-related purposes of Dakota Medical Foundation. The organization supports Dakota Medical Foundation and other 501(c)(3) organizations that fall within the charitable health-related purposes of Dakota Medical Foundation. 59099 59099 59099 59099 59099 59099 59099 59099 59099 59099 0.00000 1.00000 0.00000 0 0 0 SEI Special Situations Fund 8711655 F Sterling Office & Industrial Trust 2996149 F Edgewood REIT 1276183 F SEI GPA - Private Equity 3327433 F 16311420 Due to Related Parties 31045 31045 X 6668505 3777633 -500000 3277633 3390872 327105 327105 3717977 3034269 0 3034269 327105 500000 827105 3861374 Part V, Line 4: Dakota Medical Charities' endowment consists of a fund established by a donor to support the mission and programs within Dakota Medical Charities' service area. The corpus of the donor restricted endowment will be maintained in perpetuity, or as otherwise directed under the donor agreement. Part X, Line 2: Dakota Medical Charities believes it has appropriate support for any tax positions taken affecting the annual Form 990 filing requirements, and as such, does not have any uncertain tax positions that is material to the consolidated financial statements. Dakota Medical Charities would recognize future accrued interest and penalties related to unrecognized tax liabilities in income tax expense if such interest and penalties are incurred. Part XI, Line 2d - Other Adjustments: Related Party Transfer -500,000. Part XII, Line 4b - Other Adjustments: Related Party Transfer 500,000. Central America and the Caribbean - Antigua & Barbuda, Aruba, Bahamas, 0 0 Investments 8712000 0 0 0 0 0 0 8712000 0 8712000 1 0 1 0 0 0 Part III Accounting Method: Schedule F, Part IV: The Foundation reviews its direct and indirect investments during the tax period for determining required foreign filings. The Foundation has ownership interests in a foreign corporation. The Foundation would file Form 5471 or Form 926 if the ownership met the requirements for filing. The Foundation's ownership in the foreign corporation did not require filing Form 5471. The Foundation's ownership in the foreign corporation did not require filing Form 926. 1 UND Alumni Association & Foundation 3501 University Ave Stop 8157 Grand Forks ND 582028157 450348296 501 (c) (3) 55000 0 medical or nursing scholarships/sponsor of golf tournament. Soul Solutions Recovery Center Inc 1801 38th Street S Fargo ND 58103 843025490 501 (c) (3) 62700 0 sponsor feasibility study and support for people suffering from substance use disorders YWCA Cass Clay 4650 38th Ave S Ste 110 Fargo ND 58104 450226435 501 (c) (3) 23000 0 Program support for emergency shelter services for women and children and Women of the Year Fundraising match. Dakota Family Services 7151 15th St S Fargo ND 58104 260480153 501 (c) (3) 21579 0 Dialectical Behavior Therapy training and support of outpatient mental health care Valley Christian Counseling 1112 Nodak Drive Fargo ND 58103 450419100 501 (c) (3) 17000 0 Fully Alive Event Sponsor and support of Mental Wellness RiverView Healthcare Foundation 323 S Minnesota St Crookston MN 56716 411699589 501 (c) (3) 13000 0 Giving Hearts Day - Top 5 in Fundraising Award ($10K) and support of quality healthcare ($3K) Churches United for the Homeless 1901 1st Ave N Moorhead MN 56560 411594892 501 (c) (3) 12000 0 Sponsor Annual Soup Fundraiser ($10K) and support shelter for homeless Fraser Ltd 2902 South University Dr Fargo ND 58103 450226418 501 (c) (3) 10500 0 Organization Effectiveness Grant ($10K) and Festival of Trees Fundraising Sponsor Community Violence Intervention Center Inc 211 S 4th St Grand Forks ND 58201 450359167 501 (c) (3) 10000 0 Support of leadership to end violence and deliver safety and healing Emerging Prairie PO Box 1150 Fargo ND 58107 810742137 501 (c) (3) 10000 0 Provide support for the annual Fargo TEDx event NDSU Foundation PO Box 5144 Fargo ND 58105 237120898 501 (c) (3) 10000 0 Support NDSU scholarships Great Plains Food Bank 1720 3rd Ave N Fargo ND 58102 472229589 501 (c) (3) 9000 0 Support the end of Hunger through Giving Hearts Day Awards ($8K) and Food Packathon sponsor ($1K) Oak Grove Lutheran School 124 N Terrace N Fargo ND 58102 450226473 501 (c) (3) 9000 0 Giving Hearts Day Awards - support education Saint Gianna's Home Inc 15605 County Road 15 Minto ND 582619476 010575746 501 (c) (3) 9000 0 Program support for health-related services Park Christian School 300 N 17th St Moorhead MN 56560 411402135 501 (c) (3) 6000 0 Giving Hearts Day Awards - support education Matthew's Voice Project 3155 Bluestem Dr 210 West Fargo ND 58078 832036126 501 (c) (3) 6000 0 Giving Hearts Day Awards - support homeless high school students Ronald McDonald House Charities of the Red River Valley 4757 Agassiz Crossing S Fargo ND 58104 450365598 501 (c) (3) 6000 0 Giving Hearts Day Award and grants to provide families of children receiving medical care Dakota Medical Foundation 4321 20th Ave S Fargo ND 58103 456012318 501 (c) (3) 500000 0 Provide support for general operations Impact Foundation 4321 20th Avenue S Fargo ND 58103 200520386 501 (c) (3) 115500 0 Support the Learning Institute and GHD website 19 0 Part I, Line 2: Dakota Medical Charities has the following grant programs, and the annual budgeted amounts are approved by the Board: Program Grants (including Innovation grants, Responsive grants, and Board discretionary grants) and the three Strategic Platform Initiatives: Improving Health/Access to Healthcare, Chronic Disease Prevention, and Organizational Effectiveness. The Director of Development and Development Specialist confirm that the grant request fits within the guidelines of the program/initiative, that the recommended grantee has 5019c)3 status, verifies there are sufficient funds available for the grant and submits the grant request to the Executive Director for final approval. Any charitable grant that is $10,000 or more is sent with a grant agreement for the receiving organization to review, sign, and return. They are then required to provide the Foundation with an Impact report within a year of receiving the funds. The Executive Director also receives requests for charitable contributions and other responsive grants from nonprofits and determines and works with the Director of Executive Operations to determine the approved amount. All grant requests are approved by the Executive Director and any grant greater than $10,000 is approved by the Treasurer for final payment. 0 0 0 0 0 0 0 0 0 J Patrick Traynor Executive Director 182330 182330 43634 43634 1266 1266 22800 22800 20487 20487 270517 270517 0 0 Michael Schumacher CFO 178108 0 40056 0 1037 0 32679 0 15920 0 267800 0 0 0 Part I, Line 3 The Executive Director is an employee of Dakota Medical Foundation, a related organization. The Executive Director's compensation is determined by the Executive Committee of the Foundations. The Executive Committee serves as the compensation committee and uses the following: independent compensation consultant, Form 990 of other organizations, compensation survey or study, and approval by the Board or compensation committee. Form 990, Part III, line 2 In August 2023, DMC hosted a summit featuring keynote speaker Dr. Anna Lembke, a Stanford University psychiatrist and author of the bestselling "Dopamine Nation." Dr. Lembke spoke about digital addiction and how the devise we use on a daily basis have hijacked the pleasure centers of our brains. The interest in and response to the event was overwhelming, and we developed this toolkit as a way to not only keep the dangers of digital addiction top of mind but also to provide practical solutions for parents and families dealing with the challenge on a daily basis. The Foundation also designed and distributed thousands of digital well-being magnets to individuals, families, and businesses free of charge. The magnet identified 10 digital well-being habits to implement at home or work. Form 990, Part VI, Section A, line 1a The Executive Committee will be comprised of the Chair, Vice Chair, Secretary, Treasurer, the Chairs of the High Impact Governance Committee, the Finance/Investment Committee, and up to two Board Members At-Large. The Immediate Past Chair shall also serve on the Executive Committee. The Board Member(s) At-Large shall be elected by the Board at its organizational meeting. Four (4) members of the total committee membership shall be members of the medical staff of hospitals or clinics. The Executive Committee: A. Shall be responsible for the day-to-day activities of the Foundations. B. May review actions of all the Foundation's committees and give recommendations to the Board. C. Shall annually evaluate the performance of the Executive Director and may appoint a Compensation Subcommittee to conduct the evaluation. D. Shall set the Executive Director's annual compensation and terms of employment. E. Shall recommend to the Board a process for recruiting and selecting an Executive Director of the Foundations in the event of a vacancy in the position. F. Shall review and recommend to the Board the number and salary ranges of all staff of the Foundations. G. Shall review and may make expenditures up to and including fifty thousand dollars ($50,000) without Board approval unless otherwise specifically prohibited. Form 990, Part VI, Section A, line 2 Michael Schumacher has a business relationship, as an employee and CFO of Dakota Medical Charities with J. Patrick Traynor who serves as the Executive Director and is an employee of Dakota Medical Foundation, and the Board members of the Foundations pursuant to the business relationship definition per IRS guidelines. Board members include: Barbra Brookshire, OD, Julene Brown, RN, Chris Kennelly, Susan Mathison, M.D., Jennifer Thompson, Eric Monson, Hope Yongsmith (term ended January 2023), Seth Novak (term ended January 2023), Amanda Thomas, Rob Lauf, DDS, Nola McNeally, John Deutsch, PharmD., Kim Meyer, David Akkerman, M.D., and Jessica Kuhn, CNP. Form 990, Part VI, Section A, line 6 The sole member of the organization is Dakota Medical Foundation. Form 990, Part VI, Section A, line 7a The voting board members of Dakota Medical Charities consist of the voting members that have been elected to serve on the Board of Directors of Dakota Medical Foundation. Form 990, Part VI, Section A, line 7b The sole member, Dakota Medical Foundation, has the power and right, prior to the Board of Directors taking final action, to approve or reject or consent on the following matters: -The adoption and implementation of annual operating and capital budgets; -Capital expenditures in excess of any specific limit that may from time to time be established; -The sale or transfer of assets other than in the ordinary course of business; -Any amendment of the Articles of Incorporation or the Bylaws; -Merger, reorganization, dissolution, or transfer of any substantial portion of the assets; -The incurrence of debt; -The compensation of officers; -The adoption and modification of employee benefit plans. Form 990, Part VI, Section B, line 11b The Form 990 is provided to all Board members for review and comment prior to filing. In addition, the filed copy is presented as an agenda item at the next scheduled Board meeting. Form 990, Part VI, Section B, line 12c Board Members and staff are annually required to review and declare conflicts. Members of the Foundations' management follow written procedures for staff conflicts. Board Members abstain from voting on any issues that create a conflict of interest. Form 990, Part VI, Section B, line 15b The Executive Director's performance and compensation are reviewed annually by the Executive Committee. The Executive Director's compensation changes are approved by the Board. The Executive Director's compensation was reviewed in July 2022 by RPVerchota & Associates LLC, an independent human resource consulting firm engaged by the Board to establish a reasonable and competitive base compensation range. Changes to compensation in subsequent years are based on the established range, performance and inflationary changes, and compared with the Council on Foundations' annual salary surveys and other available relevant sources. Other staff compensation ranges are reviewed by the Executive Committee and/or the Executive Director and compared periodically with the Council on Foundations' salary surveys and other available relevant sources. Form 990, Part VI, Section C, line 19 The Foundations make their governing documents, conflict of interest policy, and audited consolidated financial statements available to the public upon request. Form 990, Part XII, Line 2c: The Finance/Investment Committee has responsibility for oversight of the annual audit of the Foundations' consolidated financial statements and the selection of an independent accountant. The Finance/Investment Committee recommends to the Board of Directors for approval the results of the annual audit and the annual selection of the independent accountant. Dakota Medical Foundation 4321 20th Ave S Fargo ND 58103 456012318 Contributions & assistance to other non-profit organizations ND 501(c)(3) Line 7 N/A 0 Lend A Hand Up 4321 20th Ave S Fargo ND 58103 824471241 Supporting Organization ND 501(c)(3) Line 12a, I Dakota Medical Foundation 0 0 1 0 1 0 0 0 0 0 0 0 1 1 1 0 1 1 0 0