2025-04-24T09:44:08-05:00 2024-06-30 420714325 RSM US LLP 227 WEST FIRST STREET SUITE 700 DULUTH MN 55802 990 2023-07-01 363454285 SOUTHERN MINNESOTA INITIATIVE FOUNDATION SOUT 5074553215 525 FLORENCE AVE OWATONNA MN 55060 BRIAN CONZEMIUS VICE PRESIDENT/CFO 5074553215 2025-04-22 1 0 JULIE BOYER P01278549 2187275025 2025-04-22 2023 2025-03-06 01:10:19Z TIMOTHY PENNY 525 FLORENCE AVE OWATONNA MN 55060 27218041 0 X WWW.SMIFOUNDATION.ORG X 1986 MN INVESTS FOR ECONOMIC GROWTH IN THE 20 COUNTIES OF SOUTH CENTRAL AND SOUTHEASTERN MINNESOTA. 15 15 24 15 -6499 0 4779553 6130483 183507 199701 927741 2030453 -13901 67 5876900 8360704 3006165 3163893 0 0 2042467 1793547 0 0 278013 1438748 1948741 6487380 6906181 -610480 1454523 69745601 75903981 8760569 9058949 60985032 66845032 X SOUTHERN MINNESOTA INITIATIVE FOUNDATION IS A REGIONAL DEVELOPMENT AND PHILANTHROPIC ORGANIZATION THAT FOSTERS ECONOMIC AND COMMUNITY VITALITY IN 20 COUNTIES OF SOUTHERN MINNESOTA THROUGH A CULTURE OF COLLABORATION AND PARTNERSHIP, WITH A FOCUS ON ENTREPRENEURS AND EARLY CHILDHOOD DEVELOPMENT. 0 0 2801730 984135 199701 SOUTHERN MINNESOTA INITIATIVE FOUNDATION PROVIDES GRANTS, LOANS AND TECHNICAL ASSISTANCE TO BUSINESSES, LOCAL GOVERNMENTS AND NONPROFIT ORGANIZATIONS THAT ACCELERATE THE CREATION OF NEW BUSINESSES AND INNOVATIVE VENTURES THAT WILL SHAPE OUR ECONOMY THROUGH PARTNERSHIPS IN OUR REGION. 3132584 2179758 0 SOUTHERN MINNESOTA INITIATIVE FOUNDATION PROVIDES GRANTS, EDUCATIONAL RESOURCES AND TECHNICAL ASSISTANCE TO LOCAL GOVERNMENTS, COMMUNITY PARTNERSHIPS AND NONPROFIT ORGANIZATIONS IN EARLY CHILDHOOD EDUCATION. THE EARLY CHILDHOOD PROGRAM PROVIDES RESOURCES THAT STRENGTHEN EARLY CHILDHOOD EFFORTS SO THAT YOUNG CHILDREN WILL HAVE A HEALTHY LIFE OF LEARNING, ACHIEVING AND SUCCEEDING. 18814 0 SOUTHERN MINNESOTA INITIATIVE FOUNDATION ADMINISTERS THE AMERICORPS-SOUTHERN MINNESOTA GRANT FOCUSING ON EARLY CHILDHOOD. SUPPORTED AMERICORPS MEMBERS SERVE IN NON-PROFITS AND SCHOOLS THROUGHOUT THE 20 COUNTY AREA WORKING WITH PRESCHOOL CHILDREN ON EARLY LITERACY, SOCIAL-EMOTIONAL, AND SCHOOL READINESS SUPPORT. 5953128 1 1 0 1 0 1 0 0 0 1 1 1 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 36 0 1 24 1 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 X 15 15 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 1 1 MN X BRIAN CONZEMIUS 5074553215 525 FLORENCE AVE OWATONNA MN 55060 TIMOTHY PENNY PRESIDENT/CEO 40.00 X 164038 0 42110 BRIAN CONZEMIUS VICE PRESIDENT/CFO 40.00 X 131445 0 17162 PAMELA BISHOP VP OF ECONOMIC DEVELOPMENT 40.00 X 108156 0 43403 RAE JEAN HANSEN VP OF EARLY CHILDHOOD 40.00 X 115107 0 7085 JAKE ANDERSON TREASURER 2.00 X X 0 0 0 CHRIS SCHAD SECRETERY 2.00 X X 0 0 0 SHAWN VOGT SWEEN CHAIR 2.00 X X 0 0 0 ERIN MEIER VICE CHAIR 2.00 X X 0 0 0 ERIN BAILEY MEMBER AT LARGE 2.00 X X 0 0 0 BOB MANN MEMBER AT LARGE 2.00 X X 0 0 0 IAN BENTS MEMBER AT LARGE 2.00 X 0 0 0 MATT COY MEMBER AT LARGE 2.00 X 0 0 0 BRAD HOINESS MEMBER AT LARGE 2.00 X 0 0 0 IBRAHIM HUSSEIN MEMBER AT LARGE 2.00 X 0 0 0 HEATHER MILLARD MEMBER AT LARGE 2.00 X 0 0 0 ANGEL URIBE MEMBER AT LARGE 2.00 X 0 0 0 XAVIER FRIGOLA DIRECTOR 2.00 X 0 0 0 MATT GOLDADE DIRECTOR 2.00 X 0 0 0 JAMILA IBRAHIM DIRECTOR 2.00 X 0 0 0 518746 0 109760 4 0 1 0 0 115 1980622 4149746 506255 6130483 LOAN INTEREST 525990 150799 150799 PROJECT FEES & REVENUE 525990 38902 38902 DESIGNATED FUND INCOME 525990 10000 10000 199701 1580981 1580981 19297814 18848342 449472 449472 449472 15561 115 8995 6566 6566 NORTHFIELD REAL ESTATE FUND II LL 901101 2386 2386 OWATONNA REAL ESTATE FUND LP K-1 901101 -394 -394 SPRING GROVE REAL ESTATE FUND LP 901101 -1898 -1898 -6593 -6593 -6499 8360704 199701 -6499 2037019 2769082 2769082 394811 394811 356360 268860 49951 37549 1161224 876098 162769 122357 46535 34124 8343 4068 118267 102002 5874 10391 111161 87574 11648 11939 95766 56455 5967 33344 56371 556 55815 281204 281204 347565 325696 17160 4709 116278 96820 6821 12637 78588 71094 7494 12220 7402 472 4346 7537 5566 1279 692 49183 27843 17265 4075 113438 108707 2613 2118 9941 9941 38058 28107 6456 3495 41831 30893 7096 3842 OPERATING EXPENSES 562785 548491 11078 3216 JANITORIAL & MAINTENANC 112293 86359 12395 13539 DUES AND SUBSCRIPTIONS 25683 16647 3340 5696 6906181 5953128 675040 278013 4412240 3174951 326794 308745 3573716 3825868 64779 54803 1146824 683465 424901 463359 60927082 68000843 16089 75412 69745601 75903981 199510 135121 10000 8202 1266396 1126549 1620881 1701883 5663782 6087194 8760569 9058949 X 23481869 27263422 37503163 39581610 60985032 66845032 69745601 75903981 X 1454523 4398978 6499 X X 0 1 X 1 1 1 X 3019110 15422166 18206800 4779553 6130483 47558112 3019110 15422166 18206800 4779553 6130483 47558112 3900337 43657775 1093380 1265809 2242092 1574737 1580981 7756999 6316 13882 67 20265 55335376 993791 0.78900 0.79490 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 1 1300 0 0 1 2650 0 0 3950 0 PART II-B, LINE 1: SUPPORT FOR EARLY CHILDHOOD AND ECONOMIC DEVELOPMENT PROGRAMS 16 459502 634905 3789911 1 1 46499363 740072 5504216 2058221 50685430 42775397 1339007 4243536 1858577 46499363 49348545 1606157 -6524466 1654839 42775397 39807166 841819 10273770 1574210 49348545 38790595 832429 1521922 1337780 39807166 0.34525 0.48220 0.17256 0 0 68687 68687 821340 445389 375951 256797 238076 18721 463359 INVESTMENT IN PRIVATE COMPANIES 916734 F ENDOWMENT FUNDS 49214967 F OTHER INVESTMENTS 17869142 F 68000843 REFUNDABLE ADVANCES 1483372 ASSETS HELD FOR OTHERS 4603822 6087194 X 12493972 4398978 6499 4405477 8088495 281204 -8995 272209 8360704 6633972 8995 8995 6624977 281204 281204 6906181 PART V, LINE 4: THE FOUNDATION HAS DEVELOPED A SPENDING POLICY WHICH USES UP TO 4.5% OF ITS ENDOWMENT BALANCE ANNUALLY TO SUPPORT ITS PROGRAMS AND ACTIVITIES. PART X, LINE 2: THE FOUNDATION IS EXEMPT FROM FEDERAL INCOME TAXES AS A TAX-EXEMPT ORGANIZATION DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, EXCEPT FOR INCOME ON CERTAIN UNRELATED BUSINESS INCOME. AT JUNE 30, 2024 AND 2023, THERE IS NO MATERIAL AMOUNT OF UNRELATED BUSINESS INCOME. THE FOUNDATION IS ALSO EXEMPT FROM STATE INCOME TAXES UNDER APPLICABLE MINNESOTA STATUTES. THE FOUNDATION HAS REVIEWED ITS TAX POSITIONS FOR ALL OPEN YEARS AND HAS CONCLUDED THAT NO MATERIAL LIABILITIES EXIST AS OF JUNE 30, 2024 OR 2023. GENERALLY, THE FOUNDATION IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY THE U.S. FEDERAL, STATE OR LOCAL TAX AUTHORITIES FOR YEARS PRIOR TO THE FISCAL YEAR ENDED JUNE 30, 2021. THE FOUNDATION HAS NO FEDERAL OR STATE EXAMINATIONS IN PROCESS. THE FOUNDATION WOULD RECOGNIZE ACCRUED INTEREST AND PENALTIES RELATED TO UNRECOGNIZED TAX BENEFITS IN INCOME TAX EXPENSE, IN INCURRED. PART XI, LINE 2D - OTHER ADJUSTMENTS: UNRELATED BUSINESS LOSS 6,499. PART XI, LINE 4B - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES -8,995. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 8,995. BYRON ANNUAL EVENT 10220 90 10130 5390 ALDEN ANNUAL EVENT 5456 25 5431 3605 15676 115 15561 8995 8995 6566 1 ALBERT LEA AREA SCHOOLS - EARLY LEARNING 211 RICHWAY DR W ALBERT LEA MN 56007 416001171 GOVERNMENT 10500 5984 FMV BOOKS EARLY CHILDHOOD SCREENING 23-24 / CHILDRENS BOOKS DISTRIBUTED THROUGH EARLY CHILDHOOD PROGRAM LITERACY GRANTS ALDEN-CONGER PUBLIC SCHOOL DISTRICT 215 BROADWAY N ALDEN MN 56009 416001217 GOVERNMENT 10000 0 UPGRADING EXISTING PLAYGROUND TO BE MORE ALL INCLUSIVE ALLIANCE FOR GREATER EQUITY PO BOX 1015 OWATONNA MN 55060 411896632 501C3 15000 0 BUSINESS RESOURCE NETWORK AUSTIN COMMUNITY CHARITABLE FUND 329 N MAIN STE 106L AUSTIN MN 55912 363487772 501C3 10000 0 AUSTIN COMMUNITY ENTREPRENEUR AND BUSINESS OUTREACH AND SUPPORT AUSTIN PUBLIC SCHOOLS EARLY CHILDHOOD 401 3RD AVE NW AUSTIN MN 55912 416002526 GOVERNMENT 15000 0 SOCIAL EMOTIONAL CURRICULUM ALIGNMENT AND TRAINING BLUE EARTH AREA SCHOOLS 315 6TH ST E BLUE EARTH MN 56013 411866487 GOVERNMENT 15000 0 READERS GRANT BULLDOG YOUTH BASEBALL 30536 534TH ST ELGIN MN 55932 824424401 501C3 6000 0 FIELD IMPROVEMENTS BYRON PUBLIC SCHOOLS & COMMUNITY EDUCATION 630 1ST ST NW BYRON MN 55920 416002825 GOVERNMENT 10000 5440 FMV BOOKS EARLY CHILDHOOD TOY & BOOK LIBRARY / CHILDRENS BOOKS DISTRIBUTED THROUGH EARLY CHILDHOOD PROGRAM LITERACY GRANTS CANTON HISTORICAL SOCIETY 307 N MAIN ST CANTON MN 55922 455359416 501C3 20000 0 DEPOT RESTORATION CHILDRENS MUSEUM OF ROCHESTER INC 1201 12TH STREET SOUTHWEST ROCHESTER MN 55902 842749957 501C3 10000 5440 FMV BOOKS SPARK MUSEUM TO GO / CHILDRENS BOOKS DISTRIBUTED THROUGH EARLY CHILDHOOD PROGRAM LITERACY GRANTS CHURCH OF ST ANNE OF LE SUEUR 503 N 4TH ST LE SUEUR MN 56058 410724077 501C3 50000 0 BUILDING IMPROVEMENTS CITY OF BYRON 680 BYRON MAIN CT NE BYRON MN 559201637 416008945 GOVERNMENT 43567 0 VETERANS MEMORIAL CITY OF CALEDONIA 231 MAIN E CALEDONIA MN 55921 410889423 GOVERNMENT 10000 0 HOLIDAY POP UP SHOP INCENTIVE PROGRAM CITY OF CANTON 106 MAIN ST N CANTON MN 559220092 416005034 GOVERNMENT 15000 0 VETERAN MEMORIAL EXPANSION CITY OF ELKTON 115B MAIN STREET ELKTON MN 55933 411316236 GOVERNMENT 7500 0 CITY OF ELKTON 2.3 UPDATE CITY OF FOUNTAIN 104 MAIN ST FOUNTAIN MN 559350115 411477575 GOVERNMENT 11080 0 COMMUNITY PROJECT CITY OF GIBBON 985 1ST AVE GIBBON MN 553350106 416005181 GOVERNMENT 10000 0 PICKLEBALL COURTS CITY OF MAPLETON 104 2ND AVE NE MAPLETON MN 560650366 416005347 GOVERNMENT 25000 0 HEATHER CURLING CLUB CHILLER UPDATE / DAYCARE PROJECT CITY OF NEW PRAGUE 118 CENTRAL AVE N NEW PRAGUE MN 56071 416005410 GOVERNMENT 6631 0 DISC GOLF IMPROVEMENTS AT SOUTHSIDE PARK CITY OF PLAINVIEW 241 BROADWAY W PLAINVIEW MN 55964 411650465 GOVERNMENT 30000 0 NATIONAL SERVICE PARK / POOL PASSES CITY OF RED WING 315 4TH ST W RED WING MN 550662504 406005482 GOVERNMENT 25000 0 TREE REPLACEMENT PROJECT / RED WING PICKLEBALL COURTS CITY OF RUSHFORD 101 MILL ST N RUSHFORD MN 559710430 416005505 GOVERNMENT 20000 0 TRAIL EXTENSION / LIBRARY CITY PARK GAZEBO CITY OF SPRING VALLEY 201 BROADWAY ST S SPRING VALLEY MN 55975 416005554 GOVERNMENT 20000 0 SPRING CREEK PARK COURT CITY OF STEWARTVILLE 105 1ST ST E STEWARTVILLE MN 55976 416005563 GOVERNMENT 7395 0 BRINGING VIRTUAL MEETING AMENITIES TO STEWARTVILLE CITY OF WABASHA 900 HIAWATHA DR E WABASHA MN 559810262 416005601 GOVERNMENT 96500 0 WABASHA ATHLETIC FIELD / POOL PASS PROGRAM CITY OF WATERVILLE 200 3RD ST S WATERVILLE MN 560961413 416005623 GOVERNMENT 8500 0 PICKLEBALL COURT CITY OF WYKOFF 106 GOLD ST N WYKOFF MN 55990 416005657 GOVERNMENT 12000 0 YOUTH SOFTBALL BALLFIELD COLLIDER FOUNDATION 221 1ST AVE SW STE 610 ROCHESTER MN 55902 831815046 501C3 20000 0 BUSINESS BOOTCAMP FOR ENTREPRENEURIAL STARTERS COMMUNITY ACTION CENTER OF NORTHFIELD INCORPORATED 1651 JEFFERSON PKWY STE HS-200 NORTHFIELD MN 55057 410970984 501C3 10000 0 COMMUNITY PROJECT DUNDAS OKTOBERFEST 1472 FAIRMOUNT AVE SAINT PAUL MN 55105 880585001 501C3 10000 0 DUNDAS OKTOBERFEST ELLENDALE AREA HERITAGE SOCIETY PO BOX 255 ELLENDALE MN 56026 460362463 501C3 10000 0 COMMUNITY GATHERING PLACE MURAL ENGAGE WINONA 119 E THIRD ST WINONA MN 55987 822726124 501C3 15000 0 ENGAGE WINONA CAPACITY BUILDING EXCHANGE CLUB CENTER FOR FAMILY UNITY 1820 HARTLE AVE OWATONNA MN 55060 363305404 501C3 15000 0 EARLY CHILDHOOD EDUCATION AND SOCIAL-EMOTIONAL SUPPORT FOR CHILDREN AGES 0-5 FARIBAULT PUBLIC SCHOOLS 710 17TH ST SW FARIBAULT MN 55021 416003618 GOVERNMENT 20000 0 ECFE ON THE GO FILLMORE CENTRAL PUBLIC SCHOOLS 700 CHATFIELD AVE PRESTON MN 55965 411809022 GOVERNMENT 32200 0 SCHOOL GRANTS / OUTDOOR IMPROVEMENT PROJECT FILLMORE COUNTY HISTORICAL SOCIETY 202 COUNTY RD 8 FOUNTAIN MN 55935 411512338 501C3 10000 0 SINKHOLE TOURISM INITIATIVE GOOD EARTH VILLAGE 25303 OLD TOWN DR SPRING VALLEY MN 55975 410997269 501C3 10000 0 NATURE INTERPRETATION HARMONY AREA HISTORICAL SOCIETY 15 2ND ST NW HARMONY MN 55939 342045684 501C3 20000 0 HISTORIC GRAIN ELEVATOR RESTORATION HENDERSON FEATHERS DBA NATIONAL RUBY-THROATED HUMMINGBIRD CENTER 205 6TH STREET SOUTH HENDERSON MN 56044 271149431 501C3 6000 0 NATIONAL RUBY-THROATED HUMMINGBIRD CENTER PLANNING HISPANIC ADVOCACY AND COMMUNITY EMPOWERMENT THROUGH RESEARCH 155 WABASHA AVE S SAINT PAUL MN 55107 411900934 501C3 10000 0 ENTREPRENEURS OF TOMORROW JEREMIAH PROGRAM 2915 JEREMIAH LANE NW ROCHESTER MN 55901 411801834 501C3 10000 0 EARLY CHILDHOOD BRIDGE SUPPORT FOR SINGLE MOTHERS EXPERIENCING POVERTY KASSON-MANTORVILLE COMMUNITY EDUCATION 606 16TH ST NE KASSON MN 55944 416008530 GOVERNMENT 20000 5005 FMV BOOKS EARLY INDICATORS AND NATURE BASED LEARNING / KASSON-MANTORVILLE STUDENT AND COMMUNITY HEALTH AND WELLBEING EXPANSION / CHILDRENS BOOKS DISTRIBUTED THROUGH EARLY CHILDHOOD PROGRAM LITERACY GRANTS KASSON-MANTORVILLE NURSERY GROUP INCORPORATED 409 8TH ST NW KASSON MN 559441072 411263635 501C3 20000 0 NURTURING YOUNG MINDS: A COMPREHENSIVE CURRICULUM FOR AGES 0-5 KENYON-WANAMINGO SCHOOLS 400 6TH ST KENYON MN 55946 411789357 GOVERNMENT 10150 0 OUTDOOR CLASSROOM LAKE CITY PORT AUTHORITY 205 CENTER ST W LAKE CITY MN 55041 411601234 GOVERNMENT 10000 0 RETHOS DOWNTOWN ASSESSMENT IMPLEMENTATIONS LAKE CRYSTAL AREA RECREATION CENTER ASSOCIATION INC 621 W NATHAN ST LAKE CRYSTAL MN 560552116 411867907 501C3 10000 0 FIT KIDS AFTER SCHOOL PROGRAM LANESBORO AREA CHAMBER OF COMMERCE 100 MILWAUKEE RD LANESBORO MN 559490348 411829430 501C6 6854 0 CITY REBRAND LAURA BAKER SERVICES ASSOCIATIONS 211 OAK ST NORTHFIELD MN 55057 411291483 501C3 10000 0 GENERAL SUPPORT LEGACY FUND OF LE SUEUR ROTARY 101 BRIDGE ST LE SUEUR MN 56058 411976100 501C3 10000 0 DOWNTOWN LE SUEUR WALKING HISTORY & INDUSTRY TOUR LEO AUGUSTA CHILDREN'S ACADEMY 824 CENTER AVE N BLOOMING PRAIRIE MN 55917 862879682 501C3 35000 0 NO PERSON LEFT BEHIND-A SPACE FOR ALL LIONS CLUB 30536 534TH ST ELGIN MN 55932 237127907 501C3 10000 0 WEDGEWOOD PARK MANKATO AREA PUBLIC SCHOOLS CENTER FOR LEARNING MANKATO MN 56001 416000310 GOVERNMENT 15000 0 EXPANDED ACCESS TO DEVELOPMENT AND MENTAL HEALTH RESOURCES MANKATO KIWANIS FOUNDATION 100 WARREN ST SUITE 400 MANKATO MN 56001 411908825 501C3 0 44608 FMV BOOKS CHILDRENS BOOKS DISTRIBUTED THROUGH EARLY CHILDHOOD PROGRAM LITERACY GRANTS MAPLE RIVER CHAMBER OF COMMERCE PO BOX 288 MAPLETON MN 560650288 411855221 501C6 5198 0 SNOWFLAKE DAZZLE MAPLE RIVER SCHOOL DISTRICT 801 CENTRAL AVE S MAPLETON MN 56065 411734559 GOVERNMENT 15000 0 READERS GRANT MILLVILLE VALLEY RIVER DAYS 411 DIVISION ST MILLVILLE MN 55957 411879127 501C4 7500 0 PARK PROJECT MINNESOTA VALLEY ACTION COUNCIL 706 N VICTORY DR MANKATO MN 56001 416050353 501C3 20000 0 GREAT KIDS/GREAT FAMILIES TRAINING MONSTER BASH INC 155 4TH AVE SE HARMONY MN 55939 814430355 501C3 10000 0 BUILDING EXPANSION NEW FOUNDATIONS SAINT PETER 611 JEFFERSON AVE ST PETER MN 56082 862615110 501C3 12200 0 FAMILY NATURE MOSAIC / GRASS & ROOTS OUTDOORS NEW LONDON SPICER-EDUCATIONAL FOUNDATION PO BOX 58 NEW LONDON MN 56273 202369692 501C3 25000 0 ROBOTICS PROGRAM NEW PRAGUE AREA SCHOOLS COMMUNITY EDUCATION 410 CENTRAL AVE N STE 300 NEW PRAGUE MN 56071 416003815 GOVERNMENT 10000 0 NEW PRAGUE AREA SCHOOLS EARLY LEARNING 7 INITIATIVES NEXT CHAPTER INC 2203 6TH AVE NW AUSTIN MN 55912 871065176 501C3 0 5658 FMV BOOKS CHILDRENS BOOKS DISTRIBUTED THROUGH EARLY CHILDHOOD PROGRAM LITERACY GRANTS NORTHFIELD HEALTHY COMMUNITY INITIATIVE 1651 W JEFFERSON PKWY NORTHFIELD MN 550572760 262852506 501C3 20000 0 EARLY CHILDHOOD NAVIGATION IN RICE COUNTY / ENTREPRENEURIAL BUSINESS POSTSECONDARY CAREER PATHWAY NORTHFIELD PUBLIC SCHOOLS COMMUNITY EDUCATION 700 LINCOLN PKWY NORTHFIELD MN 55057 416008327 GOVERNMENT 20000 5712 FMV BOOKS HAND IN HAND EXTENDED PRESCHOOL / CHILDRENS BOOKS DISTRIBUTED THROUGH EARLY CHILDHOOD PROGRAM LITERACY GRANTS OUR LADY OF GRACE CATHOLIC CHURCH 5071 EDEN AVE EDINA MN 55436 410705765 501C3 10000 0 STUDENT SUPPORT OWATONNA PUBLIC SCHOOLS 515 BRIDGE ST W OWATONNA MN 55060 416005901 GOVERNMENT 0 12403 FMV BOOKS CHILDRENS BOOKS DISTRIBUTED THROUGH EARLY CHILDHOOD PROGRAM LITERACY GRANTS PEACE LUTHERAN PRESCHOOL 213 6TH AVE SW FARIBAULT MN 55021 813022694 501C3 16700 0 SOCIAL AND EMOTIONAL TRAINING AND SUPPORT FOR STAFF AND PARENTS PLAINVIEW AREA COMMUNITY AND YOUTH CENTER 346 BROADWAY W PLAINVIEW MN 559641256 411950441 501C3 7500 0 KITCHEN, CONCERT, CONCERT ADVERTISING GRANT PRESTON HISTORICAL SOCIETY PO BOX 138 PRESTON MN 55965 411843934 501C3 15000 0 HISTORY CAMPUS-RIVERFRONT PLAN - PHASE II IMPLEMENTATION / EXHIBIT/EVENT BUILDING REFRESH GRANT PRESTON PUBLIC LIBRARY 101 ST PAUL ST NW PRESTON MN 55965 416005468 GOVERNMENT 9000 0 PRESTON STORYWALK PROJECT RED WING ARTS 418 LEVEE ST RED WING MN 55066 416039135 501C3 10000 0 YOUTH SCHOLARSHIPS / HONORING DAKOTA MURAL RED WING IGNITE 419 BUSH ST RED WING MN 55066 461469707 501C3 6700 0 ACCELERATING RURAL ENTREPRENEURS IN SE MN RED WING PUBLIC SCHOOLS 2451 EAGLE RIDGE DR RED WING MN 550667444 416001250 GOVERNMENT 10000 0 RED WING HIGH SCHOOL BAND AND CHOIR RICE COUNTY NEIGHBORS UNITED OF NORTHFIELD 6 FAREWAY DR NORTHFIELD MN 55057 830875139 501C3 10000 0 CREATING EQUITY AND WEALTH AS EMERGING ENTREPRENEURS RIVER BEND NATURE CENTER INCORPORATED 1000 RUSTAD RD FARIBAULT MN 550210186 411343804 501C3 32000 0 RIVER BEND NATURE CENTER LITTLE SPROUTS: BUILDING COMMUNITY THROUGH NATURE / OUTDOOR DIVERSITY INITIATIVES SAINT JAMES PUBLIC SCHOOLS 500 3RD AVE S SAINT JAMES MN 56081 416004625 GOVERNMENT 10000 0 CLIMATE SMART ST. JAMES SAINT PETER GOOD NEIGHBOR DIVERSITY COUNCIL 552 N WELCO DR SAINT PETER MN 56082 874697133 501C3 10000 0 IDENTIFYING, TRAINING, AND CREATING ENTREPRENEURIAL OPPORTUNITIES FOR THE INCREASING BIPOC POPULATION OF ST. PETER, MN SEMCAC HEAD START 204 ELM ST S RUSHFORD MN 55971 410907135 501C3 20000 0 FOR ALL OF YOU! SLEEPY EYE EARLY CHILDHOOD FAMILY EDUCATION 400 4TH AVE SW SLEEPY EYE MN 56085 416000392 GOVERNMENT 11500 0 ECFE ON WHEELS SOMALI AMERICAN CULTURAL SOCIETY OF OWATONNA 201 E FRONT ST OWATONNA MN 55060 900746889 501C3 10000 0 TO ENGAGE, EDUCATE, AND EMPOWER COMMUNITIES OF ADULT LEARNERS BY ADVANCING LITERACY SKILLS AND EMPLOYMENT OPPORTUNITIES. SOMALI AMERICAN SOCIAL SERVICE ASSOCIATION 1700 BROADWAY N STE 152A ROCHESTER MN 55906 461751962 501C3 10000 0 SASSA INCLUSIVE AND EQUITABLE COMMUNITIES PROGRAM ST JOHN'S LUTHERAN CHURCH 36620 CO 4 BLVD GOODHUE MN 550279436 410944600 501C3 24000 0 GENERAL SUPPORT ST MARY'S SCHOOL 308 EAST SOUTH STREET CALEDONIA MN 55921 411359374 501C3 8000 0 PREK BREAKFAST/LUNCH PROGRAM, SENSORY TABLE & OUTDOOR PLAYGROUND BARRIER STEWARTVILLE COMMUNITY EDUCATION 301 2ND STREET SW STEWARTVILLE MN 55976 416008415 GOVERNMENT 7500 0 SENSORY CLASSROOM INTEGRATION THE GROWTH COLLECTIVE 27118 JEFFERSON LN W MADISON LAKE MN 56063 931993711 501C3 20000 0 BLOSSOM TRAINING THREE RIVERS COMMUNITY ACTION INCORPORATED 1414 NORTHSTAR DRIVE ZUMBROTA MN 55992 410906178 501C3 37500 5168 FMV BOOKS FAMILY LITERACY POWER / CHILDRENS BOOKS DISTRIBUTED THROUGH EARLY CHILDHOOD PROGRAM LITERACY GRANTS TOWN OF PILOT MOUND 29929 HARROW ROAD CHATFIELD MN 55923 411552523 GOVERNMENT 10000 0 PILOT MOUND TOWN HALL REPLACEMENT TRI-CITY UNITED EARLY LEARNING 101 2ND ST NE MONTGOMERY MN 56069 453740004 GOVERNMENT 10000 0 TCU EARLY LITERACY INITIATIVE TRI-VALLEY OPPORTUNITY COUNCIL INCORPORATED 107 BROADWAY N CROOKSTON MN 56716 410888488 501C3 20000 0 CONNECTED CLASSROOMS, CONNECTED FAMILIES UNITED SOUTH CENTRAL PUBLIC SCHOOLS 600 11 ST SW WELLS MN 56097 411738058 GOVERNMENT 15000 0 READERS GRANT UNITED WAY OF STEELE COUNTY 245 18TH ST SE STE 1 OWATONNA MN 55060 237366680 501C3 20000 7072 FMV BOOKS UNITED FOR CHILDCARE - CHILDCARE SUB PILOT / CHILDRENS BOOKS DISTRIBUTED THROUGH EARLY CHILDHOOD PROGRAM LITERACY GRANTS UNIVERSITY OF NOTRE DAME DEPARTMENT OF DEVELOPMENT NOTRE DAME MN 46556 350868188 501C3 150000 0 GENERAL SUPPORT VANGUARD CHARITABLE PO BOX 3075 SOUTHEASTERN PA 193989917 232888152 501C3 145000 0 GENERAL SUPPORT VILLAGE AGRICULTURAL COOPERATIVE 3703 COUNTRY CLUB RD SW ROCHESTER MN 55902 873766784 501C3 15000 0 FUNDING FOR FOOD DISTRIBUTION MANAGER POSITION WABASHA COUNTY FAIR ASSOCIATION 99 COULEE WAY WABASHA MN 55981 237101601 501C3 10000 0 RESTROOM UPDATE WABASHA KELLOGG AREA FOOD SHELF PO BOX 174 WABASHA MN 55981 411543085 501C3 10000 0 WABASHA AREA FOOD SHARE NEW LOCATION WASECA YOUTH BASEBALL ASSOCIATION 501 7TH AVE NE WASECA MN 56093 262280411 501C3 20000 0 WASECA BASEBALL FIELD WATERVILLE CHAMBER OF COMMERCE PO BOX 184 WATERVILLE MN 560960184 411933577 501C6 6750 0 MEET US IN WATERVILLE! WATONWAN PUBLIC HEALTH SERVICES 715 2ND AVE S SAINT JAMES MN 56081 416005922 GOVERNMENT 0 5440 FMV BOOKS CHILDRENS BOOKS DISTRIBUTED THROUGH EARLY CHILDHOOD PROGRAM LITERACY GRANTS WINONA STATE UNIVERSITY CHILDREN'S CENTER 108 SANBORN ST E WINONA MN 55987 411687554 GOVERNMENT 10000 0 INFANT/TODDLER OUTDOOR CLASSROOM EQUIPMENT YWCA OF MANKATO 127 2ND ST S MANKATO MN 56001 410711619 501C3 20000 0 NEW AMERICAN FAMILIES / SEWING FOR SUCCESS 97 4 HARDSHIP GRANTS FOR DISASTERS 17 394811 PART I, LINE 2: THE FOUNDATION PROVIDES GRANTS ON AN OPEN APPLICATION BASIS. THE REQUIREMENTS TO APPLY FOR GRANTS ARE POSTED ON THE SMIF WEBSITE, AND ALSO ON THE RFP'S THAT ARE SENT OUT. THE FOUNDATION ALSO PROVIDES ASSISTANCE TO GRANT APPLICANTS AS NEEDED. THE FOUNDATION APPROVES GRANTS BASED ON THE REQUIREMENTS LISTED FOR THE APPLICATION, AND ALSO BASED ON ORGANIZATIONAL GUIDELINES AND BUDGET CONSTRAINTS. THE FOUNDATION REQUIRES THE APPLICANT TO FILL OUT AN APPLICATION AND UPON APPROVAL WILL NOTIFY THE APPLICANT, HAVE THEM SIGN A CONTRACT AND THE FOUNDATION WILL REQUIRE ON-GOING CORRESPONDENCES, SITE VISITS AND FINAL REPORTS DEMONSTRATING DOLLARS WERE SPENT ACCORDING TO THE FOUNDATION GRANT GUIDELINES. X X X X 0 0 0 0 0 0 0 0 0 TIMOTHY PENNY PRESIDENT/CEO 164038 0 0 0 0 0 8695 0 33416 0 206149 0 0 0 PAMELA BISHOP VP OF ECONOMIC DEVELOPMENT 108156 0 0 0 0 0 6240 0 37163 0 151559 0 0 0 X 410869 FMV X 1 95386 FMV 0 0 1 0 PART I, COLUMN (B): REPORTING THE NUMBER OF CONTRIBUTIONS FORM 990, PART VI MEETING MINUTES ARE TAKEN AND APPROVED AT EVERY MEETING. FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS REVIEWED AND APPROVED BY THE FINANCE COMMITTEE. THE 990 IS THEN MADE AVAILABLE FOR THE BOARD MEMBERS TO REVIEW AND THE FINANCE COMMITTEE'S APPROVAL IS RATIFIED BY THE BOARD PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C EACH BOARD MEMBER IS REQUIRED TO SIGN A CONFLICT OF INTEREST FORM YEARLY. ALL BOARD AND COMMITTEE MEETINGS BEGIN WITH THE CONFLICT OF INTEREST STATEMENT "ASKING THE BOARD AS A WHOLE IF THERE ARE ANY CONFLICTS OF INTERESTS." THE EXECUTIVE COMMITTEE MONITORS ANY CONFLICTS ON AN ON-GOING BASIS. IF A CONFLICT EXISTS, THE EXECUTIVE COMMITTEE WILL SEEK LEGAL-COUNCIL ADVICE AND OPINION AND WILL BRING THIS INFORMATION BACK TO THE FULL BOARD FOR REVIEW OR TO MAKE ANY DECISION NEEDED. FORM 990, PART VI, SECTION B, LINE 15A THE EXECUTIVE COMMITTEE OF THE BOARD IS RESPONSIBLE FOR SETTING AND REVIEWING THE PRESIDENT/CEO COMPENSATION AND REVIEW. THE EXECUTIVE COMMITTEE LEADS AN ANNUAL REVIEW OF THE PRESIDENT/CEO AND PRESENTS ITS FINDINGS TO THE BOARD OF DIRECTORS. THE EXECUTIVE COMMITTEE THEN USES BENCHMARK INFORMATION FROM SIMILAR ORGANIZATIONS AND BUDGETING CONSTRAINTS TO SET THE PRESIDENT/CEO'S ANNUAL SALARY INCREASE. THE EXECUTIVE COMMITTEE ALSO, AS NEEDED, USES OUTSIDE CONSULTANTS IN GATHERING THIS DATA. THE PRESIDENT/CEO COMPLETES THE REVIEW PROCESS AND SALARY ADJUSTMENTS FOR ALL SENIOR STAFF ALONG WITH THE VICE PRESIDENT AND CFO. THE INCREASES ARE BASED ON THE BUDGETARY LIMITS AND IN-LINE WITH YEARLY CPI INCREASES. BENCHMARKING DATA IS ALSO GATHERED FROM SIMILAR ORGANIZATIONS AND AN OUTSIDE CONSULTANT IS USED ON AN AS NEEDED BASIS TO DETERMINE RELEVANT BENCHMARKING DATA. THE ORGANIZATION MAINTAINS CONTEMPORANEOUS DOCUMENTATION RELATED TO THE COMPENSATION SETTING PROCESS. FORM 990, PART VI, SECTION C, LINE 19 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 XI, LINE 9: UNRELATED BUSINESS LOSS 6,499. FORM 990, PAGE 12, PART XII LINE 2C: THE FINANCE COMMITTEE APPROVES AND MANAGES THE AUDITOR SELECTION AND PROCESS YEARLY. THE FINANCE COMMITTEE MEETS WITH THE AUDITOR PRIOR TO ENGAGEMENT TO ANSWER ANY QUESTIONS OR CONCERNS RELATED TO THE UPCOMING AUDIT, AT THAT POINT THE FINANCE COMMITTEE APPROVES THE AUDITOR SELECTION FOR THE YEAR. THE COMMITTEE WILL THEN HAVE ON-GOING COMMUNICATION WITH THE AUDIT TEAM AS NECESSARY AND WILL MEET WITH THE AUDITOR UPON COMPLETION OF THE AUDIT FOR REVIEW AND FINAL APPROVAL OF THE AUDIT REPORT. THE BOARD WILL ALSO, REVIEW AND MEET WITH THE AUDITOR AFTER THE AUDIT IS COMPLETED.