2025-06-30T16:29:22-05:00 2024-12-31 410746749 CLIFTONLARSONALLEN LLP 9766 FALLON AVENUE NE SUITE 106 MONTICELLO MN 55362 990 2024-01-01 201365543 ROTARY 5950 FOUNDATION ROTA 7632258886 PO BOX 591 WAYZATA MN 55391 FRED HERRON PRESIDENT 7636148377 2025-06-26 1 1 ALEX HENGEL CPA P01806654 7632256150 2025-06-26 2024 2025-03-06 01:10:19Z FRED HERRON PO BOX 591 WAYZATA MN 55391 70416 0 X N/A X 2004 MN PROVIDING SERVICE AND ASSISTANCE TO PEOPLE IN NEED WITHIN THE STATE OF MN AND THROUGHOUT THE WORLD. 12 12 0 15 0 0 93355 70416 0 0 0 0 0 0 93355 70416 54157 87718 0 0 0 0 0 0 0 1057 2456 55214 90174 38141 -19758 108893 89135 0 0 108893 89135 PROVIDING SERVICES AND ASSISTANCE TO PEOPLE WITHIN THE STATE OF MINNESOTA AND THROUGHOUT THE WORLD. 0 0 87718 87718 0 FOUNDATION FOCUSES ON PROJECTS IN THE COMMUNITIES WHERE ROTARY CLUB SERVICES PROJECTS ARE ONGOING TO PROVIDE HANDS-ON ASSISTANCE TO PEOPLE IN NEED THROUGHOUT MINNESOTA. PROJECTS ORIGINATED IN MULTIPLE COMMUNITIES OF ROTARY DISTRICT 5950 COVERING WEST CENTRAL MINNESOTA. 87718 1 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 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 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 12 12 0 0 0 0 1 1 0 1 0 0 0 1 1 1 1 0 0 0 0 0 MN X GINA SMITH 7632258886 PO BOX 591 WAYZATA MN 55391 X FRED HERRON PRESIDENT 5.00 X X 0 0 0 GINA SMITH TREASURER 5.00 X X 0 0 0 JOSH HILLGER SECRETARY 5.00 X X 0 0 0 JIM BENSHOOF CONFLICT COMMITTEE (THROUGH 06/24) 5.00 X 0 0 0 DON STILES DIRECTOR 5.00 X 0 0 0 BRIAN SCHMIDT DIRECTOR 5.00 X 0 0 0 ERIN BAGNIEWSKI DIRECTOR 5.00 X 0 0 0 JEWELIE GRAPE DIRECTOR 5.00 X 0 0 0 LEIF HAGDEN DIRECTOR 5.00 X 0 0 0 LYNETTE REINI-GRANDELL DIRECTOR 5.00 X 0 0 0 MARK SHOCKEY DIRECTOR 5.00 X 0 0 0 MICHELLE NESS DIRECTOR 5.00 X 0 0 0 SHARON BLOODWORTH DIRECTOR 5.00 X 0 0 0 MIKE DELUCA DIRECTOR (THROUGH 06/24) 5.00 X 0 0 0 DICK CROCKETT DIRECTOR (THROUGH 06/24) 5.00 X 0 0 0 0 0 0 0 0 0 0 0 70416 70416 70416 0 0 0 84718 84718 3000 3000 1417 1417 598 598 290 290 STATE NONPROFIT FILING 151 151 90174 87718 2456 0 108893 89135 108893 89135 0 0 X 0 0 0 0 108893 89135 108893 89135 108893 89135 -19758 0 X 0 0 0 X 49009 83438 60869 93355 70416 357087 49009 83438 60869 93355 70416 357087 91639 265448 357087 0.74340 0.83240 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 17 68901 87718 89997 1 1 0 1 ST MICHAEL ALBERTVILLE ROTARY CLUB PO BOX 14 ST MICHAEL MN 55376 331003483 501(C)(4) 6250 0 BEDS FOR KIDS PROGRAM BLOOMINGTON ROTARY CLUB FOUNDATION PO BOX 20-300 BLOOMINGTON MN 55420 411649217 501(C)(3) 9000 0 SUPPORT MATCH IN REMOTE SCHOOLS OF INDIA, BIRTH AND DIGNITY HEADLAMPS PROJECT CONVERSATIONS WITH FRIENDS 7455 FRANCE AVENUE SOUTH 131 EDINA MN 55435 814359535 501(C)(3) 10968 0 PURCHASE CLOTHING WITH BACKPACKS NORTH-SUBURBAN EMERGENCY ASSISTANCE RESPONSE INC 5209 WEST BROADWAY AVE CRYSTAL MN 55429 411279766 501(C)(3) 12500 0 REMODEL CONFERENCE ROOM TWIN CITIES HABITAT FOR HUMANITY INC 1954 UNIVERSITY AVENUE WEST ST PAUL MN 55104 363363171 501(C)(3) 13000 0 PURCHASE AND INSTALL SOLAR PANELS ON TWO HOMES 4 1 PART 1 LINE 2: ROTARY 5950 FOUNDATION ANALYZES AND MONITORS GLOBAL AND LOCAL SERVICE PROJECTS TO ENSURE FUNDS DISBURSED ARE ACHIEVING GOALS SET BY THE FOUNDATION BOARD. FORM 990, PART VI, SECTION A, LINE 6 CURRENT PRESIDENTS OF ROTARY DISTRICT 5950 CLUBS ARE VOTING MEMBERS OF THIS ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 7A CURRENT PRESIDENTS OF ROTARY DISTRICT 5950 CLUBS ANNUALLY ELECT MEMBERS TO THE BOARD OF ROTARY 5950 FOUNDATION. FORM 990, PART VI, SECTION A, LINE 8B NO COMMITTEES HAVE AUTHORITY TO ACT ON BEHALF OF THE BOARD. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY THE ORGANIZATIONS PUBLIC ACCOUNTING FIRM. ONCE A DRAFT IS AVAILABLE, IT IS PROVIDED TO THE BOARD OF DIRECTORS FOR REVIEW, COMMENTS AND CORRECTIONS PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST POLICY WAS ADOPTED IN OCTOBER 2014. EACH BOARD MEMBER IS REQUIRED TO AFFIRM ANNUALLY THAT THEY HAVE REVIEWED AND ARE IN COMPLIANCE WITH THE POLICY. THE POLICY IS AS FOLLOWS: 1. PURPOSE THE PURPOSE OF THE CONFLICTS OF INTEREST POLICY IS TO ENSURE THAT THE DELIBERATIONS AND DECISIONS OF THE FOUNDATION ARE MADE IN THE BEST INTERESTS OF THE FOUNDATION AND THOSE INDIVIDUALS IT SERVES, AND TO PROTECT THE INTERESTS OF THE FOUNDATION WHEN IT IS CONTEMPLATING ENTERING INTO A TRANSACTION, CONTRACT, OR ARRANGEMENT THAT MIGHT BENEFIT THE PRIVATE INTEREST OF AN INTERESTED DIRECTOR, OFFICER OR PERSON (AS DEFINED BELOW). AN INTERESTED DIRECTOR, OFFICER OR PERSON MAY NOT USE HIS OR HER POSITION WITH RESPECT TO THE FOUNDATION, OR CONFIDENTIAL CORPORATE INFORMATION OBTAINED BY HIM OR HER RELATING TO THE FOUNDATION, IN ORDER TO ACHIEVE A FINANCIAL BENEFIT FOR HIMSELF OR HERSELF OR FOR A THIRD PERSON, INCLUDING ANOTHER NONPROFIT OR CHARITABLE ORGANIZATION. THIS POLICY IS INTENDED TO SUPPLEMENT BUT NOT REPLACE ANY APPLICABLE LAWS GOVERNING CONFLICTS OF INTEREST IN NONPROFIT AND CHARITABLE FOUNDATIONS. 2. DEFINITIONS 2.1 COMPENSATION. "COMPENSATION" INCLUDES DIRECT AND INDIRECT REMUNERATION AS WELL AS GIFTS OR FAVORS THAT ARE SUBSTANTIAL IN NATURE. 2.2 FAMILY. THE "FAMILY" OF ANY INDIVIDUAL SHALL INCLUDE ONLY HIS OR HER SPOUSE; HIS OR HER SIBLINGS AND THEIR SPOUSES; HIS OR HER ANCESTORS; AND HIS OR HER DESCENDANTS AND THEIR SPOUSES. 2.3 FINANCIAL INTEREST. A PERSON HAS A "FINANCIAL INTEREST" IF THE PERSON HAS, DIRECTLY OR INDIRECTLY, THROUGH BUSINESS, INVESTMENT OR FAMILY: (A) AN EXISTING OR POTENTIAL OWNERSHIP OR INVESTMENT INTEREST IN ANY ENTITY WITH WHICH THE FOUNDATION HAS A TRANSACTION, CONTRACT, OR OTHER ARRANGEMENT, OR (B) A COMPENSATION ARRANGEMENT WITH THE FOUNDATION OR WITH ANY ENTITY OR INDIVIDUAL WITH WHICH THE FOUNDATION HAS A TRANSACTION, CONTRACT, OR OTHER ARRANGEMENT, OR (C) AN EXISTING OR POTENTIAL OWNERSHIP OR INVESTMENT INTEREST IN, OR COMPENSATION ARRANGEMENT WITH, ANY ENTITY OR INDIVIDUAL WITH WHICH THE FOUNDATION IS NEGOTIATING A TRANSACTION, CONTRACT, OR OTHER ARRANGEMENT, OR (D) AN EXISTING OR POTENTIAL OWNERSHIP OR INVESTMENT INTEREST IN, OR COMPENSATION ARRANGEMENT WITH, ANY ENTITY WHOSE BUSINESS OR OPERATION HAS BEEN OR WILL BE DIRECTLY AFFECTED BY A DECISION OR ACTION OF THE FOUNDATION. 2.4 INTERESTED DIRECTOR. "INTERESTED DIRECTOR" SHALL MEAN ANY DIRECTOR OF THE FOUNDATION WHO HAS A MATERIAL FINANCIAL INTEREST, AS DEFINED ABOVE, OR WHO SERVES AS A DIRECTOR OR OFFICER OF ANY ENTITY WITH WHICH THE FOUNDATION HAS A TRANSACTION, CONTRACT, OR OTHER ARRANGEMENT. 2.5 INTERESTED OFFICER. "INTERESTED OFFICER" SHALL MEAN ANY OFFICER WHO HAS A MATERIAL FINANCIAL INTEREST, AS DEFINED ABOVE, OR WHO SERVES AS A DIRECTOR OR OFFICER OF ANY ENTITY WITH WHICH THE FOUNDATION HAS A TRANSACTION, CONTRACT, OR OTHER ARRANGEMENT. FOR PURPOSES OF THIS POLICY, THE PRESIDENT OF THE FOUNDATION SHALL BE TREATED AS AN OFFICER. 2.6 INTERESTED PERSON. "INTERESTED PERSON" SHALL MEAN EITHER: (A) ANY PERSON CURRENTLY BEING COMPENSATED BY THE FOUNDATION FOR SERVICES RENDERED TO IT WITHIN THE PREVIOUS 12 MONTHS, WHETHER AS A FULL- OR PART-TIME EMPLOYEE, INDEPENDENT CONTRACTOR, OR OTHERWISE, OR (B) ANY PERSON WHOSE FAMILY MEMBER, AS DEFINED IN SECTION 2.2, IS CURRENTLY BEING COMPENSATED BY THE FOUNDATION FOR SERVICES RENDERED TO IT WITHIN THE PREVIOUS 12 MONTHS, WHETHER AS A FULL- OR PART-TIME EMPLOYEE, INDEPENDENT CONTRACTOR, OR OTHERWISE. 2.7 FOUNDATION: ROTARY 5950 FOUNDATION 3. COMMITTEE ON CONFLICTS OF INTEREST 3.1 TO ADMINISTER AND MONITOR COMPLIANCE WITH THIS POLICY, THE BOARD SHALL CREATE A COMMITTEE OF THE BOARD ON CONFLICTS OF INTEREST ("CONFLICTS COMMITTEE"), CONSISTING OF TWO NON-OFFICERS OF THE BOARD. 3.2 THE CONFLICTS COMMITTEE SHALL REQUIRE A STATEMENT FROM EACH DIRECTOR AND OFFICER NOT LESS FREQUENTLY THAN ONCE A YEAR SETTING FORTH ALL BUSINESS AND OTHER AFFILIATIONS WHICH RELATE IN ANY WAY TO THE BUSINESS AND OTHER ACTIVITIES OF THE FOUNDATION. 8. VIOLATIONS OF THE CONFLICTS OF INTEREST POLICY 8.1 IF THE CONFLICTS COMMITTEE HAS REASONABLE CAUSE TO BELIEVE THAT A DIRECTOR OR OFFICER HAS FAILED TO DISCLOSE AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST, IT SHALL INFORM THE DIRECTOR OR OFFICER OF THE BASIS FOR SUCH BELIEF AND AFFORD THE DIRECTOR OR OFFICER AN OPPORTUNITY TO EXPLAIN THE ALLEGED FAILURE TO DISCLOSE. 8.2 IF, AFTER HEARING THE RESPONSE OF THE DIRECTOR OR OFFICER AND MAKING SUCH FURTHER INVESTIGATION AS MAY BE WARRANTED IN THE CIRCUMSTANCES, THE CONFLICTS COMMITTEE DETERMINES THAT THE MEMBER HAS IN FACT FAILED TO DISCLOSE AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST, IT SHALL RECOMMEND TO THE BOARD OF DIRECTORS APPROPRIATE DISCIPLINARY AND CORRECTIVE ACTION. 8.3 THE VIOLATION OF THIS CONFLICTS OF INTEREST POLICY IS A SERIOUS MATTER AND MAY CONSTITUTE "CAUSE" FOR REMOVAL OR TERMINATION OF A DIRECTOR OR OFFICER, OR THE TERMINATION OF ANY CONTRACTUAL RELATIONSHIP THE FOUNDATION MAY HAVE WITH AN INTERESTED PERSON OR OTHER PARTY. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS RELATED TO THE GOVERNANCE OF THE ENTITY AND COPIES OF FORM 990 ARE PROVIDED UPON WRITTEN REQUEST.