2024-10-03T20:37:50-04:00 2023-12-31 853390892 BLAKE & LIND CPAS PLLC 504 NW 1ST AVE STE 200 GRAND RAPIDS MN 55744 990 2023-01-01 411761590 GRAND RAPIDS AREA COMMUNITY FOUNDATION GRAN 2189999100 350 NW 1ST AVENUE SUITE E GRAND RAPIDS MN 55744 MINDY NUHRING EXECUTIVE DIRECTOR 2189999100 2024-08-07 true true SHOLOM R BLAKE CPA P00495609 2183262879 2024-09-24 2023 2024-10-15 13:58:12Z MINDY NUHRING 6106254 false X WWW.GRACF.ORG X 1993 MN INSPIRE INDIVIDUALS AND ORGANIZATIONS TO INVEST IN THEIR COMMUNITY TO IMPROVE THE QUALITY OF LIFE. 10 10 3 225 0 2293051 1847768 0 1704433 1223185 8836 22794 4006320 3093747 1299920 1122826 0 292877 224574 0 54991 283490 333836 1876287 1681236 2130033 1412511 28200490 31096735 3211748 3192206 24988742 27904529 INSPIRE INDIVIDUALS AND ORGANIZATIONS TO INVEST IN THEIR COMMUNITY TO IMPROVE THE QUALITY OF LIFE. false false 1388065 1122826 IN 2023, THE FOUNDATION PROVIDED 570 GRANTS, TOTALING 804,476 BACK TO THE COMMUNITY. THE FOUNDATION ALSO PROVIDED 215 SCHOLARSHIPS, TOTALING 318,350 TO INDIVIDUALS AND FAMILIES. THE FOUNDATION HAS A DIVERSE GROUP OF DONORS AND COMMUNITY NEEDS. 1388065 true true false false false true false false false true true false false false true false true false false false false false false false false false false true true false false false false false false false false false false false false false false false false false false true 8 0 true 3 true false false false false false false false false X 10 10 false false false false false false false true true false false true true true true true true true true false MN X X THE ORGANIZATION 2189999100 350 NW FIRST AVE E GRAND RAPIDS MN 55744 SHANNON BENOLKEN CHAIR 5.00 X X 0 0 0 DIANE LARSON VICE CHAIR 5.00 X X 0 0 0 CHRISTINA ANDERSON SECRETARY 1.00 X 0 0 0 JAMIE BROWN TREASURER 5.00 X X 0 0 0 JULIE WILCOX PAST CHAIR 5.00 X X 0 0 0 SARAH ANDERSON DIRECTOR 1.00 X 0 0 0 ELENA COWAN DIRECTOR 1.00 X 0 0 0 PETER MCDERMOTT DIRECTOR 1.00 X 0 0 0 JERRY OPHOVEN DIRECTOR 1.00 X 0 0 0 ROY SMITH DIRECTOR 1.00 X 0 0 0 MINDY NUHRING EXECUTIVE DI 40.00 X 85671 0 2480 85671 2480 false false false 1847768 1847768 732592 732592 3503100 3012507 490593 490593 490593 ADMINISTRATIVE FEE INCOME 22794 22794 22794 3093747 1245979 804476 804476 318350 318350 85671 40996 34751 9924 101173 48416 41037 11720 5521 2641 2240 640 9466 4529 3840 1097 22743 10884 9225 2634 78816 78816 1495 1495 4967 3725 1242 89228 42700 36192 10336 4787 4309 478 1820 871 738 211 497 237 202 58 FISCAL SPONSORSHIP EXPENS 94477 94477 FUNDRAISING EXPENSE 11866 11866 EQUIPMENT LEASE & MAINT. 10011 4790 4061 1160 MEMBERSHIP DUES & SUBSC. 8710 8710 27162 6664 16395 4103 1681236 1388065 238180 54991 2763026 1178682 791060 802951 14750 2000 20697 27362 55444 50829 6435 4615 24524683 29027550 79839 53575 28200490 31096735 35827 17893 217533 65750 2958388 3108563 3211748 3192206 X 512337 697113 24476405 27207416 24988742 27904529 28200490 31096735 1412511 1614918 -111642 X false true X true false X 2001181 3029350 2293051 2612244 1847768 11783594 2001181 3029350 2293051 2612244 1847768 11783594 3825068 7958526 517188 568143 775601 677396 732592 3270920 895 10801 8836 22794 43326 15097840 0.52710 0.55770 X PART II, LINE 10 20,532 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 56 807865 512395 6414259 true true 21491676 963469 2447766 1085756 23817155 23874751 1670495 -2809598 1243972 21491676 20490494 1443451 3013425 1072619 23874751 18096148 1295733 1800042 701429 20490494 14109841 1209221 3409367 632281 18096148 0.87810 0.12190 false false 55444 50829 4615 4615 AGENCY FUND LIABILITY 2897075 ANNUITIES PAYABLE 145694 LEASE LIABILITY 58505 FUNDS HELD FOR OTHERS 7289 3108563 4677857 1706530 1706530 2971327 122420 122420 3093747 1681236 1681236 1681236 SCHEDULE D, PAGE 2, PART V, LINE 4 THE FOUNDATION'S ENDOWMENT CONSIST OF FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES. THE ENDOWMENT IS COMPRISED OF DONOR-RESTRICTED ENDOWMENT FUNDS. AS REQUIRED BY ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA, NET ASSETS ASSOCIATED WITH ENDOWMENT FUNDS ARE CLASSIFIED AND REPORTED BASED ON THE EXISTANCE OR ABSENCE OF DONOR IMPOSED RESTRICTIONS. false FIRST CALL FOR HELP 211 1007 NW 4TH ST SUITE B GRAND RAPIDS MN 55744 363541015 501C3 75774 HEALTH & WELL-BEING SECOND HARVEST NORTH CENTRAL FOOD PO BOX 5130 GRAND RAPIDS MN 55744 411782776 501C3 61124 ANNUAL DISTRIBUTION ITASCA AREA CANCER CRISIS ENDOWMENT 32546 SOUTHWOOD RD GRAND RAPIDS MN 55744 411761590 501C3 35320 CRISIS GRAND RAPIDS AREA LIBRARY FOUND 140 NE 2ND STREET GRAND RAPIDS MN 55744 411422956 501C3 34090 ANNUAL DISTRIBUTION ELDERCIRCLE 400 RIVER RD SUITE 1 GRAND RAPIDS MN 55744 411994691 501C3 34000 ANNUAL DISTRIBUTION ST JOSEPH CATHOLIC CHURCH 315 SW 21ST ST GRAND RAPIDS MN 55744 410729968 501C3 31280 ANNUAL DISTRIBUTION DISTRICT 318 ENDOWMENT FUND 820 NW FIRST AVENUE GRAND RAPIDS MN 55744 411680100 501C3 27205 ANNUAL DISTRIBUTION NORTHLAND COUNSELING CENTER 200 SE 4TH STREET GRAND RAPIDS MN 55744 410859738 501C3 25616 CRISIS HOUSING ITASCA COUNTY HRA 1115 NW 4TH ST GRAND RAPIDS MN 55744 411373457 GOV 25000 HOUSING GREAT TAILS ANIMAL RESCUE 201 NW 4TH ST GRAND RAPIDS MN 55744 832424258 501C3 23000 ANIMAL CARE BIGFORK VALLEY HOSPITAL 258 PINE TREE DRIVE BIGFORK MN 56628 411242647 GOV 22683 ANNUAL DISTRIBUTION GRAND ITASCA FOUNDATION 1601 GOLF COURSE ROAD GRAND RAPIDS MN 55744 411560554 501C3 21331 ANNUAL DISTRIBUTION KOOTASCA COMMUNITY ACTION 201 NW 4TH ST SUITE 130 GRAND RAPIDS MN 55744 410904805 501C3 20464 ANNUAL DISTRIBUTION NORTHERN COMMUNITY RADIO 260 NE 2ND ST GRAND RAPIDS MN 55744 410989515 501C3 19387 ANNUAL DISTRIBUTION REIF ARTS COUNCIL 720 CONIFER DRIVE GRAND RAPIDS MN 55744 411447509 501C3 19297 COMMUNITY ITASCA ORCHESTRA AND STRINGS PO BOX 140 GRAND RAPIDS MN 55744 411423314 501C3 17509 ARTS & CULTURE GET FIT ITASCA - ITASCA COUNTY YMCA 400 RIVER RD GRAND RAPIDS MN 55744 411358634 501C3 15000 HEALTH & WELL-BEING ITASCA COUNTY FAMILY YMCA 400 RIVER ROAD GRAND RAPIDS MN 55744 411358634 501C3 11327 YOUTH MARCELL SNOWDRIFTERS PO BOX 42 MARCELL MN 56657 411735847 501C3 10000 SPORTS & RECREATION WILDERNESS WHEELERS PO BOX 319 BIGFORK MN 56628 411700921 501C3 10000 SPORTS & RECREATION ITASCA COUNTY HEALTH & HUMAN SERV 1209 SE 2ND AVE GRAND RAPIDS MN 55744 416005810 501C3 8982 HEALTH GRAND ITASCA CLINIC & HOSPITAL 1601 GOLF COURSE RD GRAND RAPIDS MN 55744 411865874 501C3 8826 CRISIS TRANSPORT ITASCA COUNTY HABITAT FOR HUMANITY 510 SE 11TH ST GRAND RAPIDS MN 55744 411732842 501C3 8350 HOUSING YOUTH FOR CHRIST PO BOX 209 GRAND RAPIDS MN 55744 411325636 501C3 8109 ANNUAL DISTRIBUTION FORWARD HEALTH FOUNDATION 1057 COMSTOCK DRIVE DEER RIVER MN 56636 411770765 501C3 8097 HEALTH & WELL-BEING CITY OF COLERAINE PO BOX 670 COLERAINE MN 55722 416005065 GOV 8000 COMMUNITY GRACE BIBLE CHAPEL 2452 CO RD 76 GRAND RAPIDS MN 55744 411236917 501C3 6937 COMMUNITY ITASCA COUNTY HISTORICAL SOCIETY 201 N POKEGAMA AV GRAND RAPIDS MN 55744 410984222 501C3 6865 ANNUAL DISTRIBUTION GRAND RAPIDS AMATEUR HOCKEY ASSOC PO BOX 422 GRAND RAPIDS MN 55744 411353675 501C3 6151 YOUTH SPORTS DEER LAKE ASSOCIATION 4145 WASHBURN AVE SOUTH MINNEAPOLIS MN 55410 411853300 501C3 5800 LAKE PRESERVATION 30 SCHOLARSHIPS & AWARDS 215 318350 SCHEDULE I, PAGE 1, PART I, LINE 2 DEPENDING ON THE SIZE OF THE GRANT, A SITE VISIT IS CONDUCTED. STAFF MAY ALSO INTERVIEW KEY STAFF IDENTIFIED IN THE GRANT PROPOSAL, INTERVIEW COLLABORATIVE PARTNERS, AND INTERVIEW OTHER FUNDING SOURCES. IF THE FOUNDATION ELECTED TO MAKE AN EXPENDITURE RESPONSIBILITY GRANT, IT REQUIRES THE GRANTEE TO SUBMIT A WRITTEN REPORT SUMMARIZING THE PROJECT PROMPTLY FOLLOWING THE END OF THE PERIOD DURING WHICH IT USED ALL GRANT FUNDS AND TO SUBMIT ANY INTERIM REPORTS THE FOUNDATION MAY REQUIRE. FORM 990, PAGE 6, PART VI, LINE 11B THE FORM 990 IS REVIEWED BY THE FINANCE COMMITTEE AND PRESENTED TO THE BOARD OF DIRECTORS FOR FURTHER REVIEW AND FINAL APPROVAL. THIS INCLUDES AN AUDIT PRESENTAION TO THE BOARD OF DIRECTORS BY THE AUDITING AGENCY. FORM 990, PAGE 6, PART VI, LINE 12C THE CONFLICT OF INTEREST POLICY DELINEATES THE RESPONSIBILITIES OF ALL BOARD MEMBERS AND STAFF OF THE COMMUNITY FOUNDATION. THIS POLICY IS PERSONALLY SIGNED ON AN ANNUAL BASIS AT THE ANNUAL MEETING OR AS SOON AS AVAILABLE THEREAFTER. RECORDS ARE MAINTAINED IN THE EXECUTIVE DIRECTOR'S OFFICE. CONFLICS OF INTEREST ARE RARE, BUT BOARD PROCESSES ACCOUNT FOR REGULAR REMINDERS OF ENFORCEMENT AS NEEDED. FORM 990, PAGE 6, PART VI, LINE 15A BOARD OFFICERS ARE NOT COMPENSATED PER BYLAWS. THE GOVERNANCE COMMITTEE HAS RESPONSIBILITY TO "RECOMMEND FOR APPROVAL BY THE BOARD COMPENSATION FOR THE EXECTUVE DIRECTOR AND KEY STAFF". THIS IS ACCOMPLISHED AT THE YEARLY NOVEMBER BOARD MEETING. COMPENSATION IS GENERALLY DETERMINED BY COMPARISON TO THE LATEST SALARY TABLES AS PUBLISHED BY THE COUNCIL ON FOUNDATIONS LONGEVITY, MARKET PERFORMANCE, INFLATION, AND MERIT CAN IMPACT COMPENSATION ON A YEAR-TO-YEAR BASIS. FORM 990, PAGE 6, PART VI, LINE 15B SEE COMPENSATION PROCESS FOR TOP OFFICIAL. FORM 990, PAGE 6, PART VI, LINE 19 GOVERNING DOCUMENTS, INCLUDING BYLAWS AND POLICIES ARE AVAILABLE UPON REQUEST. AUDIT REPORTS AND FORM 990S (RECENT 3 YEARS) ARE AVAILABLE AS REQUESTED DIRECTLY FROM THE STAFF. FORM 990S ARE ALSO AVAILABLE ON GUIDESTAR.