2024-11-01T11:35:56-05:00 2023-12-31 411360831 OLSEN THIELEN & CO LTD 2675 LONG LAKE ROAD ST PAUL MN 55113 990 2023-01-01 416031551 MINNESOTA MEDICAL ASSOCIATION FOUNDATION MINN 6123781875 3433 BROADWAY STREET NE 187 MINNEAPOLIS MN 55413 JON STENSLAND CFO 6123781875 2024-10-31 1 1 RYAN VETTRUS CPA P01243596 6514834521 2023 2024-10-15 13:58:12Z KRISTEN GLOEGE 3433 BROADWAY STREET NE 187 MINNEAPOLIS MN 55413 359615 0 X WWW.MMAFOUNDATION.ORG X 1958 MN THE FOUNDATION'S MISSION IS TO ADVANCE THE MMA'S MISSION TO BE THE LEADING VOICE OF MEDICINE, TO MAKE MINNESOTA THE HEALTHIEST STATE, AND THE BEST PLACE TO PRACTICE. 13 13 0 20 0 0 120861 201140 0 0 59029 89455 0 4140 179890 294735 14500 20407 0 0 42501 69378 0 0 0 48347 100862 105348 190647 74542 104088 1971226 1969476 259203 34665 1712023 1934811 X THE FOUNDATION'S MISSION IS TO ADVANCE THE MMA'S MISSION TO BE THE LEADING VOICE OF MEDICINE, TO MAKE MINNESOTA THE HEALTHIEST STATE, AND THE BEST PLACE TO PRACTICE. 0 0 130683 20407 0 THE MMA FOUNDATION SUPPORTS THE MISSION OF THE MMA TO MAKE MINNESOTA THE HEALTHIEST STATE AND BEST PLACE TO PRACTICE. IT DEVELOPS AND PROMOTES INITIATIVES TO ACCOMPLISH ITS VISION OF PHYSICIANS LEADING EFFORTS TO ADVANCE OPTIMAL HEALTH AND HEALTH EQUITY FOR EACH INDIVIDUAL AND ALL COMMUNITIES. IN 2023, THE FOUNDATION AWARDED TWO COMMUNITY HEALTH GRANTS. ONE OF THESE COMMUNITY HEALTH GRANTS PROVIDED $5,000 FOR A PROJECT TO PROVIDE MEDICAL STUDENT FELLOWS WITH ADVOCACY-RELATED SKILLS DEVELOPMENT; THE SECOND PROVIDED $8,000 FOR RESEARCH AND SCRIPT DEVELOPMENT TO SUPPORT AN INITIATIVE TO INCREASE AND NORMALIZE CONVERSATIONS ABOUT DEATH AND DYING AND INCREASE THE NUMBER OF COMPLETED HEALTH CARE DIRECTIVES. THE FOUNDATION ALSO CONTINUED ITS SUPPORT FOR MEDICAL STUDENTS, RESIDENTS, AND FELLOWS BY PROVIDING SCHOLARSHIPS FOR THEIR COMMUNITY SERVICE AND RESEARCH. IN 2023, THE FOUNDATION DELIVERED $11,235 IN SCHOLARSHIP GRANTS. IN 2023, THE FOUNDATION CONTINUED ITS SUICIDE PREVENTION INITIATIVE BY FUNDING PHYSICIAN-LED TRAINING IN COUNSELING ON ACCESS TO LETHAL MEANS AND QUESTION-PERSUADE-REFER SUICIDE PREVENTION GATEKEEPER TRAINING TO MEDICAL ASSOCIATION MEMBERS ACROSS MINNESOTA.IN THE PAST YEAR, THE FOUNDATION ALSO SUPPORTED ITS PHYSICIAN VOLUNTEERISM PROGRAM, WHICH IS A RESOURCE THAT IDENTIFIES VOLUNTEER OPPORTUNITIES SPECIFICALLY FOR PHYSICIANS. THE PROGRAM GROWS OUT OF THE FOUNDATION'S DESIRE TO IMPROVE ACCESS TO CARE IN MEDICALLY UNDERSERVED URBAN AND RURAL COMMUNITIES AND CALLS UPON THE INTEREST IN COMMUNITY SERVICE HELD BY MOST PHYSICIANS. 130683 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 1 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 1 0 0 0 1 5 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 13 13 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 0 0 MN X THE ORGANIZATION 6123781875 3433 BROADWAY STREET NE 187 MINNEAPOLIS MN 55413 JUAN BOWEN MD PAST-PRESIDENT 1.00 X 0 0 0 GEORGE SCHOEPHOERSTER MD PRESIDENT 1.00 X X 0 0 0 JANET SILVERSMITH SECRETARY 1.00 X X 0 0 0 STEPHEN PALMQUIST MD TREASURER 1.00 X X 0 0 0 GEORGE LOHMER DIRECTOR 1.00 X 0 0 0 MACARAN BAIRD MD DIRECTOR 1.00 X 0 0 0 DAVID AGERTER MD DIRECTOR 1.00 X 0 0 0 ED EHLINGER MD DIRECTOR 1.00 X 0 0 0 VERNA THORNTON MD DIRECTOR 1.00 X 0 0 0 FATIMA JIWA MBCHB DIRECTOR 1.00 X 0 0 0 KASEY JUSTESEN MD DIRECTOR 1.00 X 0 0 0 TIFFANY ONYEJIAKA DIRECTOR 1.00 X 0 0 0 ALEX ANTEZANA DIRECTOR 1.00 X 0 0 0 GABRIELLE CUMMINGS DIRECTOR 1.00 X 0 0 0 NICK JUNGBAUER DIRECTOR 1.00 X 0 0 0 MARILYN PEITSO MD DIRECTOR 1.00 X 0 0 0 KRISTEN GLOEGE CHIEF EXECUTIVE OFFICER 12.90 27.10 X 0 97013 16482 0 97013 16482 0 0 0 0 0 201140 201140 68839 68839 85496 64880 20616 20616 20616 4140 0 4140 4140 294735 0 0 93595 13000 13000 7407 7407 61592 27735 33857 3197 1440 1757 404 182 222 4185 1884 2301 1355 500 855 CONSULTING 93876 73133 20743 STAFF BUSINESS EXPENSE 5606 5402 204 STATE FILING FEES 25 25 190647 130683 59964 0 500267 377827 34300 6200 1436659 1562593 0 22856 1971226 1969476 103106 17603 151897 17062 4200 0 259203 34665 X 1186316 1388803 525707 546008 1712023 1934811 1971226 1969476 104088 118700 0 X 1 X 1 X 0 0 X X 1 MINNESOTA MEDICAL ASSN 410418625 10 1 0 0 1 0 0 1 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 PART IV, SECTION A, LINE 3B REVENUE OF SUPPORTED ORGANIZATION WAS GREATER THAN 33 1/3% FROM RELATED ACTIVITIES AND LESS THAN 33 1/3% FROM GROSS INVESTMENT INCOME AND UNRELATED BUSINESS INCOME, BASED ON ITS FORM 990 REPORTING. PART IV, SECTION A, LINE 3C SUPPORTED ORGANIZATION RECEIVED NO FUNDS FROM THE FOUNDATION IN 2023. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 294004 24500 31372 7072 342804 283652 27000 16638 294004 331490 101500 23299 172637 283652 1236187 9297 913994 331490 1065208 173418 2439 1236187 0.00000 1.00000 0.00000 0 0 0 X 413435 118700 118700 294735 0 294735 190647 0 190647 0 190647 PART V, LINE 4: THE PURPOSE OF THE ENDOWMENT FUNDS ARE TO PROVIDE INCOME WHICH IS AVAILABLE FOR RESTRICTED AND UNRESTRICTED PURPOSES. THE FOUNDATION'S ENDOWMENTS CONSIST OF DONOR-RESTRICTED ENDOWMENT FUNDS AND FUNDS DESIGNATED BY THE BOARD OF DIRECTORS. PART X, LINE 2: FIN 48 DISCLOSURE FROM REVIEWED FINANCIAL STATEMENTS: THE FOUNDATION IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND MINNESOTA STATUTES. ACCORDINGLY, NO PROVISION FOR INCOME TAXES IS INCLUDED IN THESE FINANCIAL STATEMENTS. BECAUSE THE FOUNDATION IS A PUBLIC CHARITY, CONTRIBUTIONS MAY QUALIFY FOR TAX DEDUCTIONS BY THE CONTRIBUTORS. THE FOUNDATION REVIEWS INCOME TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN INCOME TAX RETURNS TO DETERMINE IF THERE ARE ANY INCOME TAX UNCERTAINTIES. THE FOUNDATION RECOGNIZES TAX BENEFITS FROM UNCERTAIN TAX POSITIONS ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITIONS WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES, BASED ON THE TECHNICAL MERITS OF THE POSITIONS. THE FOUNDATION HAS IDENTIFIED NO INCOME TAX UNCERTAINTIES. THE FOUNDATION FILES INFORMATION RETURNS AS A TAX-EXEMPT ORGANIZATION. SHOULD THAT STATUS BE CHALLENGED IN THE FUTURE, ALL YEARS SINCE INCEPTION COULD BE SUBJECT TO REVIEW BY THE IRS. 1 QUIET OAKS HOSPICE HOUSE 5537 GALAXY RD ST CLOUD MN 56301 203905841 501C3 8000 0 RESEARCH AND SCRIPT DEVELOPMENT 1 0 SCHOLARSHIP GRANTS 5 7407 PART I, LINE 2: MMAF MAKES GRANTS FOR SCHOLARSHIPS FOR FULL-TIME MEDICAL STUDENTS. SCHOLARSHIPS ARE MONITORED BY THE MMA FOUNDATION'S CEO. THE SCHOLARSHIP GRANT AWARDEE MUST SIGN AND SUBMIT A CERTIFICATION TO CONFIRM ELIGIBILITY; MEDICAL STUDENTS WHO RECEIVE A SCHOLARSHIP GRANT MUST RETURN A SIGNED CONTRACT AND SUBMIT A PROGRESS REPORT AND A FINAL REPORT, WHICH INCLUDES SPENDING BY LINE ITEM FORM 990, PART VI, SECTION A, LINE 6 MEMBERS OF THE MINNESOTA MEDICAL ASSOCIATION BOARD OF TRUSTEES ARE THE SOLE MEMBERS OF THE MMAF. FORM 990, PART VI, SECTION A, LINE 7A MMA FOUNDATION BOARD OF DIRECTORS ARE APPOINTED BY ITS MEMBERS (MMA BOARD OF TRUSTEES) AS PER MMAF BY-LAWS. FORM 990, PART VI, SECTION A, LINE 7B ARTICLES OF INCORPORATION AND BYLAWS MAY BE ADOPTED, AMENDED, RESTATED OR REPEALED UPON THE APPROVAL OF A MAJORITY OF THE MEMBERS OF THE CORPORATION. FORM 990, PART VI, SECTION B, LINE 11B THE MINNESOTA MEDICAL ASSOCIATION FOUNDATION'S FORM 990 IS PRESENTED TO THE BOARD OF DIRECTORS PRIOR TO FILING AND THE BOARD MAKES NECESSARY CHANGES AND/OR FORMALLY APPROVES THE RETURN. FORM 990, PART VI, SECTION B, LINE 12C MINNESOTA MEDICAL ASSOCIATON FOUNDATION DIRECTORS ARE REQUIRED ON AN ANNUAL BASIS TO SIGN A CONFLICT OF INTEREST FORM AND DISCLOSE ANY CONFLICTS. FORM 990, PART VI, SECTION B, LINE 15A ANNUAL COMPENSATION RECOMMENDATIONS FOR THE EXECUTIVE DIRECTOR ARE APPROVED BY THE BOARD OF DIRECTORS OF THE MINNESOTA MEDICAL ASSOCIATON FOUNDATION. FORM 990, PART VI, SECTION C, LINE 19 THE FOUNDATION'S BY-LAWS (WHICH INCLUDES ITS CONFLICT OF INTEREST POLICY) ARE POSTED ON THE FOUNDATION'S WEBSITE. OTHER GOVERNING DOCUMENTS AVAILABLE UPON REQUEST. MINNESOTA MEDICAL ASSN 3433 BROADWAY ST NE SUITE 187 MINNEAPOLIS MN 55413 410418625 MMAF IS THE CHARITABLE FOUNDATION OF THE MN MEDICAL ASSOCIATION. MN 501(C)(6) N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0