2025-03-25T22:24:44-05:00 2024-12-31 450250958 Eide Bailly LLP 800 Nicollet Mall Ste 1300 Minneapolis MN 554027033 990 2024-01-01 934509448 Taylor Family Farms Foundation Inc TAYL 5076252828 1725 Roe Crest Drive North Mankato MN 56003 Kristin Duncanson President 5076252828 2025-03-25 1 1 Deb Nelson CPA P01264758 6122536500 2025-03-24 2024 2025-03-06 01:10:19Z X Kristin Duncanson 1725 Roe Crest Drive North Mankato MN 56003 3526796 0 X taylorfff.org X 2023 IA To support and enhance rural communities in Southern Minnesota and Northern Iowa. 5 3 0 5 0 0 172800000 0 0 0 0 74787 0 2866332 172800000 2941119 0 1723583 0 0 0 0 0 0 0 0 4924 0 1728507 172800000 1212612 172800000 174012612 0 0 172800000 174012612 X Taylor Family Farms Foundation supports and enhances rural communities in southern Minnesota and northern Iowa. Through innovative and empowering collaboration with knowledgeable and trusted philanthropic partners, Taylor Family Farms Foundation works to build resilient rural communities. 0 0 1724034 1723583 0 Taylor Family Farms Foundation provides support and enhances rural communities in southern Minnesota and northern Iowa. For the specific counties the Foundation serves, please visit www.taylorfff.org. The Foundation held its first grant round in 2024, granting to 37 organizations who were in need of funds for emergency response equipment. 1724034 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 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 3 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 5 3 0 0 1 0 0 1 0 1 0 0 0 1 1 1 1 0 0 0 0 0 MN X Chris Austin 5076252828 1725 Roe Crest Drive North Mankato MN 56003 Kristin Duncanson Chairperson & President 2.00 1.00 X X 0 0 0 Jeremy Wells Vice President 2.00 40.00 X X 0 286370 53268 Tim Penny Treasurer 2.00 40.00 X X 0 173891 41693 Chris Austin Secretary 2.00 0.00 X X 0 0 0 James Mulvilhill Director 2.00 0.00 X 0 0 0 0 460261 94961 0 0 1 0 Midwest Land Management 2506 11th Ave SW Spencer IA 51301 Land Management 103559 1 74787 74787 3452009 585677 2866332 2866332 2866332 2941119 0 0 2941119 1723583 1723583 4473 4473 Other Business Expenses 196 196 255 255 1728507 1724034 4473 0 1212612 172800000 172800000 172800000 172800000 174012612 0 0 X 0 0 0 0 172800000 174012612 172800000 174012612 172800000 174012612 1212612 0 X 0 0 0 X X X 3 Mankato Area Foundation 410011094 7 1 425000 0 Saint Paul & Minnesota Foundation 416031510 7 1 300000 0 Southern Minnesota Initiative Foundation 363454285 7 1 320000 0 3 1045000 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 Sections 501(c)(3) and 509(a)(1) or (a)(2) that provide programs, services, or activities 1) in Minnesota other than the provision of programs, services, or activities to the counties surrounding the Minneapolis-St. Paul metropolitan area (namely Hennepin, Ramsey, Washington, Anoka, Carver, Scott, Dakota) and/or 2) to one or more of the counties in northwest Iowa (namely, Buena Vista, Cherokee, Clay, Emmet, Dickinson, Hancock, Humboldt, Kossuth, Lyon, O'Brien, Osceola, Palo Alto, Plymouth, Pocahontas, Sioux, Winnebago, Wright), or the corresponding geographical additions or successors to such counties (collectively, the "Supported Organizations"). 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. 172800000 172800000 172800000 1 City of Blooming Prairie 138 HWY Ave South Blooming Prairie MN 55917 416004989 Government 10000 0 Replace 10 fire fighters' turnout gear Firemens Relief Association of Minn Odin Association 111 First Street North P O Box 33 Odin MN 56160 416080056 501(c)3 19000 0 Extrication Equipment Independent School District 2835 110 E Third St Janesville MN 56048 411687550 Government 9500 0 Purchase resuscitation quality improvement and practice manikins Le Center Volunteer Ambulance Inc 175 South Cordova Avenue Le Center MN 56057 411243305 Government 50000 0 New ambulance Le Sueur Fire Department Relief Association 203 South 2nd Street Le Sueur MN 56058 411323089 501(c)3 38000 0 New Wild Fire Vehicle City of Zumbro Falls PO Box 123 Zumbro Falls MN 55991 411506354 Government 15000 0 New UTV and Trailer Mankato Area Foundation 212 E Walnut St 1 Mankato MN 56001 410011094 501(c)3 425000 0 General Operations Rembrandt Firefighters Association 116 W Main St Rembrandt IA 50576 881385450 501(c)3 15000 0 Replace 12 fire fighters' turn out gear River's Edge Hospital Foundation 1900 North Sunrise Drive St Peter MN 56082 412014483 501(c)3 50000 0 New Ambulance Saint Paul & Minnesota Foundation 101 Fifth Street East Suite 2400 Saint Paul MN 55101 416031510 501(c)3 300000 0 General Operations Sioux Rapids 2000 Inc PO Box 329 Sioux Rapids IA 50585 391873376 501(c)3 50000 0 Replace destroyed X-Ray machine Sioux Rapids Firefighters Assn Inc PO Box 251 Sioux Rapids IA 51033 263294241 501(c)3 50000 0 Replace current rescue truck Southern Minnesota Initiative Foundation 525 Florence Avenue Owatonna MN 55060 363454285 501(c)3 320000 0 General Operations City of Winnebago 140 Main St South Winnebago MN 56143 416005648 Government 10000 0 Replace all turnout gear for fire department City of Titonka PO Box 382 Titonka IA 50480 426005283 Government 22000 0 Extrication Equipment City of Caledonia 231 E Main St Caledonia MN 55921 416005025 Government 50000 0 New tanker truck City of Cannon Falls Cannon Falls City Hall Cannon Falls MN 55009 416005032 Government 17000 0 Replace 4-7 sets of fire fighters' turnout gear City of Eyota 38 South Front St Eyota MN 55934 416005144 Government 10000 0 New thunderstorm slide in unit City of Kasson 101 E Main St Kasson MN 55944 416005269 Government 8900 0 Extrication Equipment City of Lanesboro 202 Parkway Avenue South Lanesboro MN 55949 416005308 Government 12000 0 6 new radios for fire trucks City of Lewiston 75 Rice Street Lewiston MN 55952 416005315 Government 15000 0 Lucas 3 CPR device City of Marathon 314 South Agora St Marathon IA 50565 426004926 Government 20000 0 5 new air packs City of Morgan 405 Front Street Morgan MN 56266 416005390 Government 22000 0 Extrication Equipment City of Nerstrand 2 Cherry St Nerstrand MN 55053 410979597 Government 50000 0 Replace ambulance with a 1-ton rescue vehicle City of New Auburn 8303 8th Ave New Auburn MN 55366 411225352 Government 19000 0 Purchase 4 self-contained breathing apparatus (SCBA) for fire dept City of Nicollet 400 3rd Street Nicollet MN 56074 753049012 Government 23433 0 Extrication Equipment City of Pemberton 141 4th Street Pemberton MN 56078 416008751 Government 10000 0 Fire fighters' turnout gear & self-contained breathing apparatus City of Storm Lake 820 Oneida Street Storm Lake IA 50588 426270070 Government 15000 0 Fire boat and trailer for rescues Tracy Ambulance Service Inc 105 Center Street Tracy MN 56175 411270388 501(c)3 24000 0 Monitor/Defibrillator for ambulance Winona Community Foundation 201 W 3rd St Winona MN 55987 363500853 501(c)3 17500 0 Dive rescue boat 40 0 Part I, Line 2: The Foundation's grant process and monitoring of funds includes the following: 1. Initial Assessment: Before awarding a grant, we conduct a thorough assessment of the applicant's financial health, management practices, and programmatic capabilities to ensure they can effectively manage the funds. 2. Grant Agreement: A formal agreement is established, outlining the terms and conditions of the grant, including reporting requirements, allowable expenses, and compliance with relevant regulations. 3. Site Visits: If appropriate, the Foundation may conduct site visits to verify the grant funds are being used as intended. These visits help ensure compliance with the grant agreement. 4. Final Evaluation: At the end of the grant period, a final evaluation is conducted to assess the overall impact of the grant and ensure that all funds were used in accordance with the grant agreement. 0 0 0 0 0 0 0 0 0 Jeremy Wells Vice President 0 286370 0 0 0 0 0 30131 0 23137 0 339638 0 0 Tim Penny Treasurer 0 173891 0 0 0 0 0 8695 0 32998 0 215584 0 0 Schedule J, Part II: The individuals reported on Schedule J, Part II receive compensation from a related organization. There is no compensation paid by the Foundation for services provided by these individuals. Form 990, Part VI, Section A, line 4 The organization amended their articles of incorporation to expand their supporting organizations charitable class. The class is to further include charitable organizations in one or more of the counties in northwest Iowa: Buena vista, Cherokee, Clay, Emmet, Dickinson, Hancock, Humboldt, Kossuth, Lyon, O'Brien, Osceola, Palo Alto, Plymouth, Pocahontas, Sioux, Winnebago, and Wright counties. 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 and approved by the board prior to filing with the IRS. 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 B, line 15 The individuals reporting compensation paid from a related organization in Part VII are paid for their services to the related organizations and are not compensated for their services to Taylor Family Farms Foundation. There are no compensated officers, board members or employees at Taylor Family Farms Foundation. 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 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0