2025-11-07T13:57:50+00:00 2024-12-31 990 2024-01-01 411560554 Grand Itasca Foundation GRAN 1601 Golf Course Road Grand Rapids MN 55744 Jean MacDonell President & CEO 2025-11-07 2024 2025-03-06 01:10:19Z Jean MacDonell 1601 Golf Course Road Grand Rapids MN 55744 330628 false X https://www.granditasca.org/Foundation X 1986 MN To build philanthropic partnerships to support the mission of Grand Itasca Clinic and Hospital. 15 11 0 0 0 135041 129978 0 1415 30652 92697 111990 229153 272620 186196 336935 0 0 0 0 17250 10272 203446 347207 25707 -74587 1750233 1433236 262166 272436 1488067 1160800 To build philanthropic partnerships to support the mission of Grand Itasca Clinic and Hospital. false false 336935 336935 Grand Itasca Foundation enhances and helps to guarantee the delivery of contributions and provide financial support to Grand Itasca Clinic and Hospital. In 2024 Grand Itasca Foundation awarded $336,935 in total grant funding to organizations and individuals. This includes $290,224 to Grand Itasca Clinic and Hospital for patient focused projects, eight individual scholarship awards totaling $33,000 and care to share grants to 12 recipients for a total of $6,000, and $7,711 patient crisis grants where 198 recipients received financial help. 336935 true true false false false false false false true true false false false true true true false true false false false false false false true false false true true true false false false false false false false false false false false false false false false true false false false false true X 0 0 0 false false false false false false false false false false false false X 15 11 false false false false true true true true true false false false true true true true true true false false false false MN X Todd Christensen 2189991702 1601 Golf Course Road Grand Rapids MN 55744 Elizabeth Miskovich Co-Chair 1.0 0.0 X X 0 0 0 Rose Villenueve GNP Co-Chair 1.0 40.0 X X 0 250826 43973 Bryan Sergot Director 1.0 0.0 X 0 0 0 Crystal Burggraf Director, new 1-2024 1.0 0 X 0 0 0 Dajana Condos DC Director 1.0 0.0 X 0 0 0 Katie Troumbly RN Secretary 1.0 40.0 X 0 142493 10794 Kim Morse Director, new 1-2024 1.0 40.0 X 0 96324 6913 Mike Aultman Director 1.0 0.0 X 0 0 0 Mike Johnson Director 1.0 0.0 X 0 0 0 Nick Rothstein Treasurer 1.0 1.0 X 0 0 0 Scott Gerling MD Director 1.0 0.0 X 0 0 0 Shane Skelly Director 1.0 0.0 X 0 0 0 Spencer Buchert DDS Director 1.0 0.0 X 0 0 0 Wendy Roy Director 1.0 0.0 X 0 0 0 Brianne Wagner Foundation Director 40.0 0.0 X 0 145047 41339 Jean MacDonell Ex-Officio 1.0 40.0 X 0 568690 89766 0 1203380 192785 0 false true false 0 129978 129978 0 0 0 0 0 30652 30652 0 0 0 0 169998 58008 111990 111990 0 0 0 0 0 272620 0 0 142642 290224 290224 46711 46711 0 0 0 0 4640 4640 3327 3327 Administrative Fees 1644 1644 Subscription fees 635 635 Filing Fee 26 26 0 0 0 0 347207 336935 10272 0 1394737 874275 1863 1850 0 0 0 0 0 0 0 0 0 0 353633 557111 1750233 1433236 229 229 10244 0 0 261937 261963 262166 272436 X -329431 -576458 1817498 1737258 1488067 1160800 1750233 1433236 X -74587 -247027 -5653 X false true true false X X 1 Grand Itasca Clinic and Hospital 411865874 3 true 289224 0 1 289224 0 true false false false false false false false false false false false false false false true false RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false true X 646026 726033 122765 34592 6 13820 1446406 608353 500 65602 22331 6098 646026 714988 2040 -81355 20990 6330 608353 655056 86136 19326 50 6828 714988 527409 100725 50593 18913 4758 655056 0.0 1.0 0.0 true false Assets limited as to use - restricted fund investment 546867 Assets limited as to use - Run the Rapids 10244 557111 Federal Income Taxes Intercompany Payable 261963 261963 X 0 0 0 0 0 0 0 0 0 0 0 0 Schedule D, Part V, Line 3a(i) The organizations endowment funds are held through Grand Rapids Area Community Foundation, an unrelated but nonprofit organization. Schedule D, Part IV, Line 2b Explanation of escrow agreement Grand Itasca Foundation acts as a fiscal agent for a local running event, Running the Rapids. Schedule D, Part V, Line 4 Intended uses of endowment funds THE ENDOWMENT FUNDS INCLUDE DONOR-RESTRICTED FUNDS. THE GRAND ITASCA FOUNDATION ENDOWMENT FUNDS ARE USED FOR GRAND ITASCA CLINIC AND HOSPITAL NEEDS, The Itasca Hospice Foundation Endowment funds are used to support patients and families in need of quality end of life services, and THE MR. AND MRS. ROBERT KELLY SCHOLARSHIP ENDOWMENT FUNDS ARE SOLELY FOR SCHOLARSHIPS. THE FOUNDATION INTENDS TO USE THEIR ENDOWMENT FUNDS IN THE MANNER FOR WHICH THEY WERE RESTRICTED. Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote Grand Itasca Foundation is part of Fairview Health Services. Fairview recognizes all tax positions, including those positions in a previously filed tax return or a position expected to be taken in a future tax filing that is reflected in measuring current or deferred income tax assets and liabilities, when it is more likely than not (likelihood of greater than 50%) that, based on technical merits, the position will be sustained upon examination. $8,300,000 and $6,800,000 uncertain tax positions recorded on the consolidated balance sheets as of December 31, 2024 and 2023, respectively. Fairview has made reasonable estimates of the provision for income taxes and on existing deferred tax balances based on accounting guidance included in ASC 740, Income Taxes. Fairview does not expect that there will be a significant change in the total amount of unrecognized tax benefits within the next 12 months. Caring For Kids Golf Tournament 169998 169998 1100 2604 22659 18059 1000 12586 0 0 169998 169998 1100 2604 22659 18059 1000 12586 58008 111990 true Grand Itasca Clinic and Hospital 1601 Golf Course Road Grand Rapids MN 55744 411865874 501( c)(3) 289224 To support the program services of Grand Itasca Clinic and Hospital 1 0 Scholarships 8 33000 Care to Share Grants 12 6000 Patient Crisis Grants 198 7711 Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds All grant requests are approved or denied by the Foundation board prior to approval and/or payment and must be in line with the Foundation's mission of helping to support the internal needs of Grand Itasca Clinic & Hospital, promoting a healthy community, and raising awareness of the impact and value of Grand Itasca Clinic & Hospital. Scholarship funds are sent directly to the school on behalf of the recipient. If a student has any changes (transfers, etc.) we receive funds back for unused dollars, but the Foundation does not follow-up with students/recipients specifically about their scholarship funds. false true false false false false false true false Rose Villenueve GNP Co-Chair 0 191209 0 54094 0 5523 0 13656 0 30317 0 294799 0 0 Katie Troumbly RN Secretary 0 134201 0 7588 0 704 0 8495 0 2299 0 153287 0 0 Jean MacDonell Ex-Officio 0 411164 0 126585 0 30941 0 88249 0 1517 0 658456 0 29940 Brianne Wagner Foundation Director 0 130497 0 13838 0 712 0 9213 0 32126 0 186386 0 0 Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan THE FOLLOWING INDIVIDUALS PARTICIPATED IN A NONQUALIFIED RETIREMENT PLAN: JEAN MACDONELL DUE TO A VESTING EVENT, THE FOLLOWING INDIVIDUALS HAD INCOME IN PART VII AND SCHEDULE J RELATED TO A NONQUALIFIED RETIREMENT PLAN: JEAN MACDONELL $29,940 Schedule J, Part I, Line 7 Non-fixed payments FAIRVIEW HEALTH SERVICES PROVIDES LUMP SUM FINANCIAL AWARDS BASED ON SYSTEM-WIDE, BUSINESS UNIT AND/OR DEPARTMENTS FINANCIAL AND QUALITY MEASURES. ANNUAL GOALS, SPECIFICALLY TIED TO PRODUCTIVITY AND QUALITY INDICATORS, ARE SET FOR THE YEAR AND AN INCENTIVE PAID OUT ANNUALLY IF KEY GOALS AND MEASURES ARE ACHIEVED. THE NON-QUALIFIED PLAN (THE PLAN) IS ONLY OPEN TO A SELECT GROUP OF HIGHLY COMPENSATED EMPLOYEES. THE PLAN CONTRIBUTES THE DIFFERENCE OF WHAT 403(B) EMPLOYER CONTRIBUTIONS WERE MISSED FOR PARTICIPANTS WHO EARN MORE THAN THE IRS LIMIT ON ELIGIBLE COMPENSATION FOR QUALITIED RETIREMENT PLANS. PARTICIPANTS MAY NOT ELECT TO DEFER COMPENSATION. CONTRIBUTIONS WILL BE MADE IN THE FORM OF A CREDIT TO THE PARTICIPANT'S ACCOUNT, WITHIN 60 DAYS AFTER A PARTICIPANT BECOMES VESTED IN A CONTRIBUTION. THE PLAN SHALL PAY TO THE PARTICIPANT AN AMOUNT EQUAL TO THE AMOUNT THE PARTICIPANT IS REQUIRED TO PAY FEDERAL, STATE, LOCAL AND FOREIGN INCOME TAXES AND EMPLOYMENT TAXES DUE TO THE VESTING. THE REMAINING AMOUNT IN THE PARTICIPANT'S ACCOUNT SHALL NOT BE PAID UNTIL THE SEPARATION FROM SERVICES PAYMENT DATE. A PARTICIPANT'S ACCOUNT SHALL BE DISTRIBUTED IN CASH. THE PLAN COMPLIES WITH SECTION 457(F) OF THE IRS CODE. Schedule J, Part I, Line 3 Related Org to establish compensation THE ORGANIZATION IS PART OF THE FAIRVIEW HEALTH SERVICES SYSTEM AND FAIRVIEW HEALTH SERVICES HUMAN RESOURCES USES COMPARABLES TO ESTABLISH COMPENSATION FOR THE CEO/EXECUTIVE DIRECTOR ACCORDING TO MARKET STANDARDS. Schedule J, Part I, Line 4b Other Additional Information The non-qualified plan (the plan) is only open to a select group of highly compensated employees. The plan contributes the difference of what 403(b) employer contributions were missed for participants who earn more than the IRS limit on eligible compensation for qualitied retirement plans. Participants may not elect to defer compensation. Contributions will be made in the form of a credit to the participant's account, within 60 days after a participant becomes vested in a contribution. The plan shall pay to the participant an amount equal to the amount the participant is required to pay federal, state, local and foreign income taxes and employment taxes due to the vesting. The remaining amount in the participant's account shall not be paid until the separation from services payment date. A participant's account shall be distributed in cash. The plan complies with Section 457(f) of the IRS code. Form 990, Part V, Line 1a Part V, Line 1a All cash disbursements are centralized through a related organization, Fairview Health Services a 501(c)3 non-profit tax-exempt organization. Therefore, the related organization, Fairview Health Services, makes the payment and files the related Form 1099's and Form 1096 instead of this organization. Form 990, Part V, Line 2a Grand Itasca Foundation leases employees from a related organization, Grand Itasca Clinic and Hospital, a 501(c)(3) tax-exempt, non-profit organization. Therefore, Grand Itasca Clinic and Hospital files the appropriate W-3 and related W-2 tax forms for these individuals instead of Grand Itasca Foundation. The leased employee compensation on the Grand Itasca Foundation Form 990 Part VII and Schedule J is reported as compensation paid by related organization, Grand Itasca Clinic and Hospital. Form 990, Part V, Line 15 Section 4960 Tax Fairview Health Services, a related 501(c)3 tax-exempt organization, files and remits all related Section 4960 excise tax on Form 4720 for the system. Form 990, Part VI, Line 6 Classes of members or stockholders Grand Itasca Clinic & Hospital, a Minnesota nonprofit corporation, is the sole member of Grand Itasca Foundation. Form 990, Part VI, Line 7a Members or stockholders electing members of governing body Grand Itasca Clinic & Hospital, as the only voting member of Grand Itasca Foundation, has the authority to elect and remove the directors of Grand Itasca Foundation with or without cause, at any time. Form 990, Part VI, Line 7b Decisions requiring approval by members or stockholders Various powers, as stated in Section 4.4 of Grand Itasca Foundation's bylaws, are reserved for Grand Itasca Clinic & Hospital, the one voting member of Grand Itasca Foundation Form 990, Part VI, Line 11b Review of form 990 by governing body Form 990 is reviewed by the Board of Directors and the Foundation director prior to filing with the IRS. Form 990, Part VI, Line 12c Conflict of interest policy Conflict of Interest policies are reviewed annually. Conflict of Interest forms are signed annually by all board members. Form 990, Part VI, Line 19 Required documents available to the public Financial statements, conflict of interest policy and governing documents are available upon request for the same period of disclosure as set forth in Section 6104(D). Form 990, Part VII, Section B, Line 1 Additional Information Form 1099's were filed by a related organization Fairview Health Services, a 501(c)(3) non-profit, tax-exempt organizations. Fairview Health Services reports the five highest compensated independent contractors for the system. Form 990, Part XI, Line 9 Other changes in net assets or fund balances Net Asset Adjustment - -5653; Total - -5653; Grand Itasca Clinic and Hospital 1601 Golf Course Road Grand Rapids MN 55744 411865874 Hospital MN 501(c)(3) 3 Fairview Health Services false Fairview Health Services 2450 Riverside Avenue Minneapolis MN 55454 410991680 Hospital MN 501(c)(3) 3 NA false CDI Grand Rapids LLC 1601 Golf Course Road Grand Rapids MN 55744 453783014 MRI-DTI MN Grand Itasca Clinic and Hospital N/A false false false true false false false false false false false false false true false true true true false true false