2024-09-26T11:30:57-05:00 2024-06-30 411647057 MAHONEY ULBRICH CHRISTIANSEN & RUSS PA 10 RIVER PARK PLAZA SUITE 800 SAINT PAUL MN 55107 990 2023-07-01 237029207 INTERFAITH ACTION OF GREATER SAINT PAUL FOUNDATION INTE 6513647160 1880 RANDOLPH AVE SAINT PAUL MN 55105 PETER OLSEN CFO/COO 6513647160 2024-09-26 1 0 ELIZABETH BARCHENGER P01270090 6512276695 2024-09-26 2023 2024-08-08 14:25:15Z PETER OLSEN 1880 RANDOLPH AVE SAINT PAUL MN 55105 294651 0 X WWW.INTERFAITHACTION.ORG X 1965 MN TO SUPPORT INTERFAITH ACTION OF GREATER SAINT PAUL. 6 6 0 6 0 0 20000 60000 0 0 66786 75975 0 0 86786 135975 53185 117236 0 0 0 0 0 0 0 26324 30553 79509 147789 7277 -11814 1374679 1490633 14815 14756 1359864 1475877 TO SUPPORT INTERFAITH ACTION OF GREATER SAINT PAUL. 0 0 117236 117236 INTERFAITH ACTION OF GREATER SAINT PAUL FOUNDATION (THE FOUNDATION) WAS FORMED AS A 501(C)(3) ORGANIZATION TO MANAGED CONTRIBUTED GIFTS TO FUND THE NEEDS OF INTERFAITH ACTION OF GREATER SAINT PAUL. THE FOUNDATION'S POLICY IS TO GRANT INTERFAITH ACTION NO MORE THAN 5% OF A ROLLING 16 QUARTER MARKET AVERAGE OF PRINCIPAL AND APPRECIATION. THE FOUNDATION DOES PERIODICALLY MAKE ADDITIONAL DISCRETIONARY GRANTS PER ITS DISTRIBUTION POLICY. 117236 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 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 X 6 6 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 MN X INTERFAITH ACTION OF GREATER SAINT PAUL 6513647160 1880 RANDOLPH AVE SAINT PAUL MN 55105 X DAVID MISEMER PRESIDENT 1.00 X X 0 0 0 ROGER KATZENMAIER TREASURER 1.00 X X 0 0 0 BRIAN ALTON BOARD MEMBER 1.00 X 0 0 0 DIANE FOLLMER BOARD MEMBER 1.00 X 0 0 0 JAMES RUBENSTEIN BOARD MEMBER 1.00 X 0 0 0 BETSY KEYES BOARD MEMBER 1.00 X 0 0 0 0 0 0 0 0 0 0 0 60000 60000 23993 23993 210658 158676 51982 51982 51982 135975 0 0 75975 117236 117236 18000 18000 7331 7331 1222 1222 4000 4000 147789 117236 30553 0 9376 74044 3371 50000 1361932 1366589 1374679 1490633 14815 14756 14815 14756 X 17100 60000 1342764 1415877 1359864 1475877 1374679 1490633 -11814 127827 0 X X 0 1 X 1 0 X X 1 INTERFAITH ACTION OF GREATER SAINT PAUL 410694741 1 1 117236 0 1 117236 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1359864 60000 196471 117236 23222 1475877 1263570 20000 148606 53185 19127 1359864 1477522 23173 -177056 38218 21851 1263570 1279423 252558 32796 21663 1477522 1287614 49765 45783 12173 1279423 0.54000 0.46000 0 0 0 GIFT ANNUITY PAYABLE 14756 14756 X 256471 127827 127827 128644 7331 7331 135975 140458 0 140458 7331 7331 147789 PART X, LINE 2: THE FOUNDATION IS CLASSIFIED AS A TAX-EXEMPT ORGANIZATION UNDER MINNESOTA STATUTE 290.05 AND SECTION 501 (C)(3) OF THE INTERNAL REVENUE CODE, IS EXEMPT FROM PRIVATE FOUNDATION STATUS UNDER SECTION 509(A)(1) OF THE INTERNAL REVENUE CODE, AND IS SUBJECT TO INCOME TAXES ONLY ON NET UNRELATED BUSINESS INCOME. THE FOUNDATION DID NOT HAVE ANY UNRELATED BUSINESS INCOME. MANAGEMENT BELIEVES THAT THE FOUNDATION HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN, AND ACCORDINGLY, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. 1 INTERFAITH ACTION OF GREATER SAINT PAUL 410694741 501(C)(3) 117236 0 THE FOUNDATION GRANT TO IFA IS INTENDED TO COVER OPERATIONAL EXPENSES OF IFA. 1 0 PART I, LINE 2: THE FOUNDATION BOARD OF DIRECTORS PRESIDENT IS INVITED TO THE EXECUTIVE/OPERATIONS COMMITTEE OF IFA AND ACTIVELY PARTICIPATES IN DISCUSSION, INCLUDING BUDGET APPROVAL. FORM 990, PART VI, SECTION B, LINE 11B A DRAFT OF THE FORM 990 IS REVIEWED BY THE FOUNDATION BOARD FOR BOTH FINANCIAL CONTENT AS WELL AS NARRATIVE USED TO DESCRIBE THE ACTIVITIES OF THE FOUNDATION FOR THE REPORTING PERIOD. AFTER THE 990 IS REVIEWED AND APPROVED BY THE BOARD, IT IS SUBMITTED. FORM 990, PART VI, SECTION B, LINE 12C AT THE BEGINNING OF EACH FISCAL YEAR OR AS NEW OFFICERS ARE ADDED TO THE FOUNDATION BOARD, THEY ARE REQUIRED TO COMPLETE A CONFLICT OF INTEREST FORM. IF A CONFLICT OF INTEREST ARISES WITHIN A FISCAL YEAR, THE AFFECTED OFFICER OR DIRECTOR MUST DISCLOSE THE CONFLICT SO THAT APPROPRIATE AND PROTECTIVE ACTION CAN BE TAKEN. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PAGE 12, PART XII, LINE 2C THIS PROCESS HAS NOT CHANGED FROM THE PREVIOUS YEAR. INTERFAITH ACTION OF GREATER SAINT PAUL 1880 RANDOLPH AVE SAINT PAUL MN 55105 410694741 OPERATIONS MN 501C3 LINE 1 N/A 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 INTERFAITH ACTION OF GREATER ST PAUL B 117236 CASH DISTRIBUTION