2025-01-15T12:40:04-06:00 2024-06-30 410746749 CLIFTONLARSONALLEN LLP 220 S 6TH STREET SUITE 300 MINNEAPOLIS MN 55402 990 2023-07-01 363359386 HEADWATERS FOUNDATION FOR JUSTICE HEAD 6128790602 2801 21ST AVENUE SOUTH 132-B MINNEAPOLIS MN 55407 EMILY SCOTT DIRECTOR OPERATIONS & FINANCE 6128790602 2025-01-15 1 1 MICHAEL HINSCH P01875343 6123764500 2025-01-06 2023 2024-10-15 13:58:12Z BILAL ALKATOUT 2801 21ST AVENUE SOUTH 132-B MINNEAPOLIS MN 55407 5563032 0 X WWW.HEADWATERSFOUNDATION.ORG X 1984 MN HEADWATERS FOUNDATION'S MISSION IS TO AMPLIFY THE POWER OF COMMUNITY TO ADVANCE EQUITY AND JUSTICE.THROUGH GRANTMAKING AND CAPACITY BUILDING SUPPORT TO GRASSROOTS ORGANIZATIONS, OUR GOAL IS TO FOSTER JUST AND SUSTAINABLE COMMUNITIES THAT EMBRACE SOCIAL, RACIAL, ECONOMIC AND ENVIRONMENTAL EQUITY. TO ACHIEVE THIS GOAL, ALL OF HEADWATERS' PROGRAMS ARE DESIGNED TO ADVANCE TWO OBJECTIVES: CHANGING SYSTEMS OF POWER, AND INCREASING THE POWER OF DISENFRANCHISED COMMUNITIES. OUR COMMUNITY-LED GRANTMAKING PROCESS IS THE TOUCHSTONE OF OUR FOUNDATION. 7 7 22 45 0 0 3415883 3415869 0 0 122277 1064671 23298 663 3561458 4481203 2200410 3925200 0 0 1664301 1760031 0 0 709418 898711 1183652 4763422 6868883 -1201964 -2387680 19516733 18362957 974322 2264658 18542411 16098299 X HEADWATERS FOUNDATION FOR JUSTICE (THE FOUNDATION) IS A COMMUNITY FOUNDATION WHOSE MISSION IS TO AMPLIFY THE POWER OF COMMUNITY TO ADVANCE EQUITY AND JUSTICE. 1 0 637202 637200 0 DONOR ADVISED FUNDS: THIS PROGRAM ENABLES INDIVIDUAL DONORS TO ADVANCE THEIR PHILANTHROPIC GOALS AND DIRECT RESOURCES TO SOCIAL CHANGE GROUPS LOCALLY AND NATIONALLY. DEVELOPMENT STAFF EDUCATES DONORS ABOUT SOCIAL INJUSTICE ISSUES, CONNECTS THEM TO ORGANIZATIONS THAT MATCH THEIR INTERESTS, AND PROVIDES GRANTMAKING ASSISTANCE. IN FISCAL YEAR 2024, HEADWATERS DAF HOLDERS GAVE $637,202 TO 85 ORGANIZATIONS. IN ADDITION, $219,789 WAS AWARDED TO HEADWATERS. 1440000 1440000 0 THE WELLSPRING FUND: THE WELLSPRING FUND SUPPORTS MULTI-YEAR PROJECTS AND CAMPAIGNS ACTIVELY WORKING TOWARDS STRENGTHENING THE ECOSYSTEM OF SOCIAL JUSTICE MOVEMENTS IN MINNESOTA. THE WELLSPRING FUND IS DEDICATED TO NOURISHING ORGANIZATIONS THAT HAVE DEEP ROOTS AND LONG HORIZONS. WELLSPRING GRANTS PROVIDE SUPPORT OVER FOUR YEARS AND BUILD MEANINGFUL CAPACITY FOR ORGANIZATIONS TO DO LONG TERM POWER BUILDING AND ORGANIZING FOR SYSTEMS CHANGE. IN FISCAL YEAR 2024, THE WELLSPRING FUND PROGRAM AWARDED $1,440,000 TO FOUR ORGANIZATIONS. 1313819 1000000 0 THE FUND OF THE SACRED CIRCLE: ACCORDING TO NATIVE AMERICANS IN PHILANTHROPY, FOUNDATIONS INVEST LESS THAN HALF OF ONE PERCENT OF GRANT DOLLARS IN NATIVE COMMUNITIES. HEADWATERS WORKS TO ADDRESS THIS IMBALANCE THROUGH THE FUND OF THE SACRED CIRCLE PROGRAM (FSC). GRANTS SUPPORTS MINNESOTA- AND WISCONSIN-BASED NATIVE AMERICAN ORGANIZATIONS THAT ADDRESS SYSTEMIC INJUSTICES. GENERAL OPERATING GRANTS SUPPORTS WORK THAT FOCUSES ON LANGUAGE AND CULTURAL REVITALIZATION; LAND AND ENVIRONMENTAL RESTORATION; SOVEREIGNTY AND TREATY RIGHTS; AND SELF-DETERMINATION AND CIVIL RIGHTS. IN FISCAL YEAR 2024, FSC PROGRAM AWARDED $1,000,000 TO 20 ORGANIZATIONS. 925929 0 0 OTHER PROGRAMS: HEADWATERS HAS ADDITIONAL PROGRAMMING THAT INCLUDES GENERAL PROGRAMMATIC WORK TO SUPPORT THE MISSION AND VALUES OF ADVANCING EQUITY, DEMANDING INCLUSION, TRANSFORMING POWERS, AND TRUSTING THE COMMUNITY. 475000 475000 0 BUSH PRIZE: MINNESOTA: THE BUSH PRIZE IS AN AWARD THAT CELEBRATES ORGANIZATIONS THAT HAVE CULTURES OF INNOVATION AND HISTORIES OF BUILDING CREATIVE SOLUTIONS FOR CHALLENGES IN THEIR COMMUNITIES. IN 2023, THE BUSH FOUNDATION CHOSE FOUR REGIONAL PARTNERS TO SELECT BUSH PRIZE WINNERS WHO ARE LEADING CHANGE IN THEIR REGION. HEADWATERS FOUNDATION FOR JUSTICE PARTNERED WITH THE BUSH FOUNDATION TO SELECT THE 2023 BUSH PRIZE: MINNESOTA WINNERS. IN FISCAL YEAR 2024, THE BUSH PRIZE: MINNESOTA PROGRAM AWARDED $445,000 TO FOUR ORGANIZATIONS. IN ADDITION, THREE FINALISTS WERE EACH AWARDED $10,000. 512137 373000 0 RAPID RESPONSE GRANTMAKING: AT HEADWATERS, WE KNOW THAT THE NATURE OF GRASSROOTS ORGANIZING MEANS THAT OUR FUNDING CYCLES DO NOT ALWAYS ALIGN WITH REAL FINANCIAL NEEDS OF ORGANIZATIONS IN MOMENTS OF CRISIS OR OPPORTUNITY. HEADWATERS RAISES AND GRANTS OUT RAPID RESPONSE DOLLARS TO COMMUNITY GROUPS DURING UNEXPECTED AND CRITICAL MOMENTS. IN FISCAL YEAR 2024, OUR RAPID RESPONSE GRANTMAKING PROGRAM AWARDED $373,000 TO TWELVE ORGANIZATIONS. 1913066 848000 0 5304087 1 1 0 0 0 1 0 0 0 1 1 0 0 1 1 1 1 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 0 0 0 0 1 35 0 1 22 1 0 0 0 0 0 0 0 0 0 0 0 0 X 7 7 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MN WI X X EMILY SCOTT 6128790602 2801 21ST AVE S STE 132B MINNEAPOLIS MN 55407 BILAL ALKATOUT INTERIM EXECUTIVE DIRECTOR 32.00 X 154103 0 22649 EMILY SCOTT DIRECTOR OF OPERATIONS & FINANCE 32.00 X 81525 0 8130 MARY DELORIE DIRECTOR OF INDIVIDUAL GIVING 32.00 X 108321 0 18287 CAMILLE CYPRIAN CO-CHAIR 1.00 X X 0 0 0 ERIC HOWARD VICE CHAIR 1.00 X X 0 0 0 LEAH OLM TREASURER 1.00 X X 0 0 0 HABON ABDULLE SECRETARY 1.00 X X 0 0 0 FRAN HUTCHINS BOARD MEMBER 1.00 X 0 0 0 NIKKI PIERATOS BOARD MEMBER 1.00 X 0 0 0 ALEXANDER ROBINSON BOARD MEMBER 1.00 X 0 0 0 343949 0 49066 2 0 1 0 0 3415869 3415869 264166 264166 1882334 1081829 800505 800505 800505 OTHER REVENUE 900099 663 663 663 4481203 0 0 1065334 3925200 3925200 323791 125891 142684 55216 1018038 498968 188580 330490 50790 23442 10392 16956 259216 87493 82408 89315 108196 48195 27776 32225 230326 122204 86765 21357 294410 142443 151967 99218 59043 7161 33014 160434 70374 43829 46231 126580 56430 32530 37620 163278 88009 30005 45264 29131 29131 8345 2595 4020 1730 MEMBERSHIPS 39095 21500 17595 STIPENDS 32835 32300 535 6868883 5304087 855378 709418 364397 2013512 4211923 619081 5105132 3994272 2490 0 79871 101800 274786 89005 210369 185781 7406219 9576118 510000 200000 1626332 1672393 19516733 18362957 369654 123957 25000 1655300 64962 31518 514706 453883 974322 2264658 X 6564179 5846665 11978232 10251634 18542411 16098299 19516733 18362957 X -2387680 -211748 155316 X X 0 1 X 1 0 X 6924265 13311485 14429606 3660929 3415869 41742154 6924265 13311485 14429606 3660929 3415869 41742154 19079314 22662840 63642 46374 45427 57779 264166 477388 444695 313491 45543 23298 663 827690 43047232 147353 0.52650 0.52600 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS REVENUE - 2019 AMOUNT: $ 444,695. 2020 AMOUNT: $ 313,491. 2021 AMOUNT: $ 45,543. 2022 AMOUNT: $ 23,298. 2023 AMOUNT: $ 663. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 13 478740 859481 342394 1 1 5120964 614056 204572 5530448 4856685 469085 204806 5120964 5877844 24 -825861 195322 4856685 4916948 1237537 276641 5877844 4928758 172738 184548 4916948 0.00000 0.63160 0.36840 1 0 268521 82740 185781 6265 6265 0 185781 INTEREST IN THE NET ASSETS OF THE MINNEAPOLIS FOUNDATION 1233450 RIGHT OF USE ASSET, NET OF AMORTIZATION 438943 1672393 LEASE LIABILITY 453883 453883 X 4424771 -211748 155316 -56432 4481203 0 4481203 6868883 0 6868883 0 6868883 PART V, LINE 4: THE FOUNDATION MAINTAINS THE ENDOWMENT TO SUPPORT GENERAL OPERATIONS AND FUND GRANTMAKING FOR THE BENEFIT OF INDIGENOUS LED GROUPS IN MINNESOTA AND WISCONSIN. PART X, LINE 2: THE FOUNDATION IS TAX EXEMPT UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC) AND MINNESOTA STATUTE 290.05. IT IS CLASSIFIED AS A FOUNDATION THAT IS NOT A PRIVATE FOUNDATION UNDER SECTION 509(A)(1) OF THE IRC AND CONTRIBUTIONS BY DONORS ARE TAX DEDUCTIBLE. THE FOUNDATION FOLLOWS ACCOUNTING STANDARDS FOR UNCERTAIN TAX POSITIONS AND FILES AS A TAX-EXEMPT ORGANIZATION. DURING 2023 AND 2022, THE FOUNDATION HAS NOT RECOGNIZED ANY LIABILITY FOR UNCERTAIN TAX POSITIONS. THE FOUNDATION'S TAX RETURNS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL AND STATE AUTHORITIES. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN BENEFICIAL INTEREST IN THE MINNEAPOLIS FOUNDATION FUND 155,316. 1 ADALAH JUSTICE PROJECT CO TIDES CENTER PO BOX 541 GLEN CARBON IL 62034 943213100 10000 0 N/A N/A GENERAL OPERATING SUPPORT AJP EDUCATIONAL FOUNDATION 6404 SEVEN CORNERS PL STE N FALLS CHURCH VA 22044 271365284 501C3 25000 0 N/A N/A GENERAL OPERATING SUPPORT AMAZE 1380 ENERGY LANE ST PAUL MN 551011681 411972162 501C3 8000 0 N/A N/A GENERAL OPERATING SUPPORT AMERICAN INDIAN CANCER FOUNDATION 3001 BROADWAY ST NE STE 185 MINNEAPOLIS MN 554132657 270300026 501C3 50000 0 N/A N/A GENERAL OPERATING SUPPORT AMERICAN INDIAN FAMILY CENTER 579 WELLS ST SAINT PAUL MN 551304134 411841352 501C3 50000 0 N/A N/A GENERAL OPERATING SUPPORT ASIAN ECONOMIC DEVELOPMENT ASSOCIATION 377 UNIVERSITY AVE W SUITE D SAINT PAUL MN 55103 411911474 501C3 10000 0 N/A N/A GENERAL OPERATING SUPPORT AWOOD CENTER 1730 NEW BRIGHTON BLVD STE 104-120 MINNEAPOLIS MN 55413 831170235 501C3 10000 0 N/A N/A GENERAL OPERATING SUPPORT AYADA LEADS 701 3RD ST N STE 105 MINNEAPOLIS MN 55401 474294816 501C3 85000 0 N/A N/A GENERAL OPERATING SUPPORT BLACK IMMIGRANT COLLECTIVE CO ACCESS PHILANTHROPY CHARITIES 2100 STEVENS AVE S MINNEAPOLIS MN 55404 383777419 81250 0 N/A N/A GENERAL OPERATING SUPPORT BODY WISDOM DBA INTERPLAY 2273 TELEGRAPH AVENUE OAKLAND MN 946122330 943153475 501C3 10000 0 N/A N/A GENERAL OPERATING SUPPORT BREAST CANCER ACTION 548 MARKET ST PMB 17179 SAN FRANCISCO CA 941045401 943138992 501C3 10000 0 N/A N/A GENERAL OPERATING SUPPORT CENTER SCHOOL INC 2421 BLOOMINGTON AVE S MINNEAPOLIS MN 554043918 363591386 501C3 50000 0 N/A N/A GENERAL OPERATING SUPPORT CENTRO DE TRABAJADORES UNIDOS EN LA LUCHA 3715 CHICAGO AVENUE MINNEAPOLIS MN 55407 383828696 501C3 473000 0 N/A N/A GENERAL OPERATING SUPPORT DAKHOTA IAPI OKHODAKICHIYE PO BOX 548 OSSEO MN 55369 463946313 501C3 50000 0 N/A N/A GENERAL OPERATING SUPPORT DAKOTA WICOHAN PO BOX 2 - 230 WEST 2ND STREET MORTON MN 562701308 421552956 501C3 50000 0 N/A N/A GENERAL OPERATING SUPPORT DREAM OF WILD HEALTH 1308 E FRANKLIN AVE SUITE 203 MINNEAPOLIS MN 55404 411632662 501C3 416000 0 N/A N/A GENERAL OPERATING SUPPORT EAST SIDE FREEDOM LIBRARY 1105 GREENBRIER STREET SAINT PAUL MN 55106 463794535 501C3 6000 0 N/A N/A GENERAL OPERATING SUPPORT ENDAZHI-NITAAWIGING QALIBC INC 15484 MIGIZI DR RED LAKE MN 56671 923560913 501C3 50000 0 N/A N/A GENERAL OPERATING SUPPORT GENDER JUSTICE 663 UNIVERSITY AVENUE W SUITE 200 ST PAUL MN 55104 800603630 501C3 12000 0 N/A N/A PROJECT SUPPORT, GENERAL OPERATING SUPPORT GRASSROOTS INDIGENOUS MULTIMEDIA 619 W WHEELOCK PARKWAY ST PAUL MN 554063546 411962329 501C3 50000 0 N/A N/A GENERAL OPERATING SUPPORT GRASSROOTS INTERNATIONAL 179 BOYLSTON STREET 4TH FLOOR BOSTON MA 02130 042791159 28000 0 N/A N/A GENERAL OPERATING SUPPORT GREATER MINNESOTA WORKER CENTER 2719 W DIVISION ST SUITE 122 ST CLOUD MN 56301 463874287 501C3 360000 0 N/A N/A GENERAL OPERATING SUPPORT IMMIGRANT DEVELOPMENT CENTER 810 4TH AVE S STE 100 MOORHEAD MN 56560 203368647 501C3 15000 0 N/A N/A GENERAL OPERATING SUPPORT INDIGENOUS PEOPLES TASK FORCE 1335 E 23RD STREET MINNEAPOLIS MN 55404 363617906 501C3 53000 0 N/A N/A GENERAL OPERATING SUPPORT INQUILINXS UNIDXS POR JUSTICIA 3715 CHICAGO AVE MINNEAPOLIS MN 55407 474987940 501C3 370000 0 N/A N/A PROJECT SUPPORT, GENERAL OPERATING SUPPORT INTERNATIONAL INSTITUTE OF MINNESOTA 1694 COMO AVE SAINT PAUL MN 551082710 410693912 501C3 26000 0 N/A N/A GENERAL OPERATING SUPPORT JEWISH COMMUNITY ACTION 2324 UNIVERSITY AVE W SAINT PAUL MN 55114 411830619 501C3 10000 0 N/A N/A GENERAL OPERATING SUPPORT JEWISH VOICE FOR PEACE PO BOX 589 BERKELEY CA 94701 900018359 501C3 30500 0 N/A N/A GENERAL OPERATING SUPPORT JUBILEE GIFT GALAXY INC 6655 MOORE DR OAKLAND CA 94611 845159544 501C3 10000 0 N/A N/A GENERAL OPERATING SUPPORT LITTLE EARTH RESIDENTS ASSOCIATION 2495 18TH AVE S MINNEAPOLIS MN MN 55404 363309894 501C3 54000 0 N/A N/A GENERAL OPERATING SUPPORT LOWER PHALEN CREEK PROJECT 332 MINNESOTA ST SUITE W1520 SAINT PAUL MN 55101 275469929 501C3 50000 0 N/A N/A GENERAL OPERATING SUPPORT MANIDOO OGITIGAAN 102 FIRST STREET WEST 110 BEMIDJI MN 56601 824771865 501C3 50000 0 N/A N/A GENERAL OPERATING SUPPORT MEWINZHA ONDAADIZIIKE WIIGAMING 802 PAUL BUNYAN DR S SUITE 12 BEMIDJI MN 56601 462523191 501C3 50000 0 N/A N/A GENERAL OPERATING SUPPORT MIGIZI COMMUNICATIONS INC 1845 E LAKE ST MINNEAPOLIS MN 55407 411379114 501C3 70000 0 N/A N/A GENERAL OPERATING SUPPORT MINNESOTA DRIVERS COOPERATIVE 3137 CHICAGO AVE MINNEAPOLIS MN 55425 411658654 20000 0 N/A N/A GENERAL OPERATING SUPPORT MINNESOTA INDIGENOUS BUSINESS ALLIANCE (MNIBA) 1765 CARROLL AVENUE 10 ST PAUL MN 551048354 815041824 501C3 50000 0 N/A N/A GENERAL OPERATING SUPPORT MINNESOTA UBERLYFT DRIVERS ASSOCIATION 1701 AMERICAN BLVD E BLOOMINGTON MN 55425 923491338 501C3 30000 0 N/A N/A GENERAL OPERATING SUPPORT MIZNA 2446 UNIVERSITY AVE W STE 115 ST PAUL MN 55114 411913423 501C3 25000 0 N/A N/A GENERAL OPERATING SUPPORT MNI SOTA FUND 1530 E FRANKLIN AVENUE MINNEAPOLIS MN 55404 453579582 501C3 10000 0 N/A N/A GENERAL OPERATING SUPPORT NATIVE AMERICAN COMMUNITY DEVELOPMENT INSTITUTE 1414 FRANKLIN AVENUE MINNEAPOLIS MN 554042134 412117257 501C3 56250 0 N/A N/A GENERAL OPERATING SUPPORT NATIVE CONSERVANCY PO BOX 456 CORDOVA AK 99574 300131766 501C3 8000 0 N/A N/A GENERAL OPERATING SUPPORT NATIVE GOVERNANCE CENTER 1730 NEW BRIGHTON BLVD MINNEAPOLIS MN 55413 474901644 501C3 50000 0 N/A N/A GENERAL OPERATING SUPPORT NATIVE SUN COMMUNITY POWER DEVELOPMENT 4407 E LAKE ST MINNEAPOLIS MN 55406 844052420 501C3 50000 0 N/A N/A GENERAL OPERATING SUPPORT NEW NATIVE THEATRE PO BOX 40118 ST PAUL MN 55104 273901099 501C3 115000 0 N/A N/A GENERAL OPERATING SUPPORT NORTHWEST INDIAN COMMUNITY DEVELOPMENT CENTER 1819 BEMIDJI AVE N BEMIDJI MN 566013866 363505641 501C3 50000 0 N/A N/A GENERAL OPERATING SUPPORT OUR JUSTICE PO BOX 2105 MINNEAPOLIS MN 55403 410971333 501C3 170000 0 N/A N/A GENERAL OPERATING SUPPORT PALESTINIAN YOUTH MOVEMENT CO WESPAC FOUNDATION 77 TARRYTOWN RD WHITE PLAINS NY 10607 133109400 8000 0 N/A N/A GENERAL OPERATING SUPPORT PARTNERS IN HEALTH PO BOX 996 FREDERICK MD 217059942 043567502 501C3 18000 0 N/A N/A GENERAL OPERATING SUPPORT PEOPLE SERVING PEOPLE INC 614 SOUTH THIRD STREET MINNEAPOLIS MN 554151104 411443148 501C3 7000 0 N/A N/A GENERAL OPERATING SUPPORT QUEERSPACE COLLECTIVE PO BOX 11455 MINNEAPOLIS MN 55411 863249777 501C3 10000 0 N/A N/A GENERAL OPERATING SUPPORT RESTAURANT OPPORTUNITIES CENTER OF MINNESOTA (ROC-MN) CO TAKEACTION MN ED 2110 NICOLLET AVE MINNEAPOLIS MN 40817 010939141 85000 0 N/A N/A GENERAL OPERATING SUPPORT SOIL CO RIGHT TO THE CITY ALLIANCE INC 388 ATLANTIC AVE 3RD FL BROOKLYN NY 11217 943462187 10000 0 N/A N/A GENERAL OPERATING SUPPORT SOLIDAIRE NETWORK INC 1423 BROADWAY NO 314 OAKLAND CA 94612 842130536 501C3 20000 0 N/A N/A GENERAL OPERATING SUPPORT TONE UP CO MINNESOTA PRISON WRITING WORKSHOP 2110 NICOLLET AVE SOUTH MINNEAPOLIS MN 55404 471890824 50000 0 N/A N/A GENERAL OPERATING SUPPORT TAKEACTION MN 705 RAYMOND AVE 100 SAINT PAUL MN 55114 411635130 501C4 10000 0 N/A N/A GENERAL OPERATING SUPPORT THE CIRCLE OF PEACE MOVEMENT 817 DAYTON AVENUE SAINT PAUL MN 55104 831968301 501C3 26000 0 N/A N/A GENERAL OPERATING SUPPORT TIWAHE FOUNDATION 570 ASBURY ST N SUITE 104 ST PAUL MN 554071226 264377588 501C3 125000 0 N/A N/A GENERAL OPERATING SUPPORT UNTIL WE ARE ALL FREE MOVEMENT 2738 WINNETKA AVE N STE 270 MINNEAPOLIS MN 55427 862751530 501C3 20000 0 N/A N/A GENERAL OPERATING SUPPORT WALK-IN COUNSELING CENTER 2421 CHICAGO AVE MINNEAPOLIS MN 55404 410983461 501C3 26000 0 N/A N/A GENERAL OPERATING SUPPORT WOMEN'S ENVIRONMENTAL INSTITUTE PO BOX 128 NORTH BRANCH MN 550566807 200312344 501C3 10000 0 N/A N/A GENERAL OPERATING SUPPORT WORKERS CONFLUENCE FUND CO WORKING PARTNERSHIPS 3406 UPTON AVE N MINNEAPOLIS MN 55412 474492457 8000 0 N/A N/A GENERAL OPERATING SUPPORT ZAMYA THEATER PROJECT 3501 CHICAGO AVE MINNEAPOLIS MN 55407 832374869 501C3 7000 0 N/A N/A GENERAL OPERATING SUPPORT 52 10 PART I, LINE 2: WITH AN INITIAL APPLICATION, GROUPS MUST SUPPLY A COPY OF THE DETERMINATION LETTER, A LIST OF BOARD MEMBERS, BUDGET AND FINANCIAL INFORMATION, AND A WRITTEN NARRATIVE PROPOSAL ABOUT THE PROJECT. IF AN AWARD IS MADE, GROUPS MUST SIGN A GRANT AGREEMENT INDICATING THE TERMS OF THE GRANT AND REPORTING REQUIREMENTS. GROUPS MUST ALSO PROVIDE EVIDENCE OF CURRENT REGISTRATION WITH THE MINNESOTA ATTORNEY GENERAL'S CHARITY DIVISION. IF FUNDS ARE DISTRIBUTED TO A FISCAL AGENT, A LETTER IS REQUIRED FROM THAT ORGANIZATION INDICATING THE ORGANIZATION'S WILLINGNESS TO SERVE IN THAT CAPACITY. ORGANIZATIONS RECEIVING FUNDING ARE REQUIRED TO SUBMIT A FINAL REPORT ONE YEAR AFTER FUNDS WERE RECEIVED. ORGANIZATIONS THAT WERE FUNDED IN THE PREVIOUS YEAR ARE REQUIRED TO SUBMIT A SIX-MONTH PROGRESS REPORT WITH THEIR CURRENT APPLICATION. ORGANIZATIONS THAT WERE FUNDED PREVIOUSLY MUST HAVE ALL PROGRESS REPORTS SUBMITTED BEFORE ANY ADDITIONAL DOLLARS ARE GRANTED. X X X X 0 0 0 0 0 0 0 0 0 BILAL ALKATOUT INTERIM EXECUTIVE DIRECTOR 154103 0 0 0 0 0 8280 0 14369 0 176752 0 0 0 FORM 990, PART III, LINE 2 BUSH PRIZE: MINNESOTA: THE BUSH PRIZE IS AN AWARD THAT CELEBRATES ORGANIZATIONS THAT HAVE CULTURES OF INNOVATION AND HISTORIES OF BUILDING CREATIVE SOLUTIONS FOR CHALLENGES IN THEIR COMMUNITIES. IN 2023, THE BUSH FOUNDATION CHOSE FOUR REGIONAL PARTNERS TO SELECT BUSH PRIZE WINNERS WHO ARE LEADING CHANGE IN THEIR REGION. FORM 990, PART VI, SECTION B, LINE 11B THE FINANCE COMMITTEE REVIEWS AND RECOMMENDS THE APPROVAL OF THE PREPARED FORM 990 TO THE FULL BOARD THE BOARD THEN REVIEWS THE FORM 990 FOR THEIR CONSIDERATION AND APPROVAL. FORM 990, PART VI, SECTION B, LINE 12C AS NEW BOARD AND KEY STAFF MEMBERS JOIN THE ORGANIZATION, THEY COMPLETE THE CONFLICT OF INTEREST FORM. AT THE START OF THE NEW FISCAL YEAR, ALL BOARD MEMBERS AND KEY STAFF MEMBERS COMPLETE THE CONFLICT OF INTEREST FORMS. A SUMMARY OF THE CONFLICTS IS GIVEN TO THE BOARD CO-CHAIRS. ANY CONTRACTS OR PAYMENTS MADE TO/WITH DIRECTORS MUST BE APPROVED BY THE BOARD. IF ANY CONFLICT OF INTEREST OR POTENTIAL CONFLICT OF INTEREST ARISES AFTER THE ANNUAL FORM IS FILLED OUT, THE INTERESTED DIRECTOR OR ANY DIRECTOR WITH KNOWLEDGE OF SUCH CONFLICT SHALL CALL IT TO THE ATTENTION OF THE BOARD PRIOR TO BOARD ACTION ON A DECISION INVOLVING THE CONFLICT OF INTEREST. WHEN THERE IS DOUBT AS TO WHETHER A CONFLICT OF INTEREST EXISTS, THE MATTER SHALL BE RESOLVED BY A VOTE OF THE BOARD, EXCLUDING THE PERSON WHO IS THE SUBJECT OF THE POSSIBLE CONFLICT OF INTEREST. IF A CONFLICT OF INTEREST DOES EXIST, THE BOARD MAY STILL AUTHORIZE, APPROVE, OR RATIFY A CONTRACT OR TRANSACTION IN GOOD FAITH BY THE AFFIRMATIVE VOTE OF A MAJORITY OF DIRECTORS; WITH THE CONFLICTED BOARD MEMBER ABSTAINING FROM THE VOTE. THE DIRECTOR WHO HAS A CONFLICT SHALL NOT PARTICIPATE IN THE BOARD'S DISCUSSION OF THE MATTER EXCEPT TO DISCLOSE MATERIAL FACTS AND TO RESPOND TO QUESTIONS. SUCH PERSON SHALL NOT ATTEMPT TO EXERT HIS OR HER PERSONAL INFLUENCE WITH RESPECT TO THE MATTER, EITHER AT OR OUTSIDE THE MEETING. THE DIRECTOR HAVING SUCH A CONFLICT SHALL NOT PARTICIPATE IN THE FINAL DELIBERATION OR DECISION REGARDING THE MATTER UNDER CONSIDERATION AND SHALL RETIRE FROM THE ROOM IN WHICH THE BOARD IS MEETING AFTER PROVIDING THE BOARD WITH ANY AND ALL RELEVANT INFORMATION. ANY DIRECTOR DISCLOSING A CONFLICT OF INTEREST MAY BE COUNTED IN DETERMINING THE PRESENCE OF A QUORUM AT A MEETING OF THE BOARD OR A COMMITTEE THEREOF. THE MINUTES OF THE MEETING OF THE BOARD OR COMMITTEE SHALL REFLECT THAT THE CONFLICT OF INTEREST WAS DISCLOSED AND THAT THE INTERESTED DIRECTOR WAS NOT PRESENT DURING THE FINAL DISCUSSION OR VOTE AND DID NOT VOTE ON THE MATTER. FORM 990, PART VI, SECTION B, LINE 15 CHANGES TO THE INTERIM EXECUTIVE DIRECTOR'S SALARY SHALL BE MADE BY THE BOARD OF DIRECTORS. IN REVIEWING THE COMPENSATION OF THE INTERIM EXECUTIVE DIRECTOR, HEADWATERS BOARD OF DIRECTORS UTILIZES THE FOLLOWING PROCESS: 1) IMPARTIAL DECISION MAKERS - THE COMPENSATION ARRANGEMENT MUST BE APPROVED IN ADVANCE (BEFORE ANY PAYMENT IS MADE) BY THE BOARD COMPOSED ENTIRELY OF INDIVIDUALS WHO DO NOT HAVE A CONFLICT OF INTEREST WITH RESPECT TO THE COMPENSATION ARRANGEMENT. 2) COMPARABILITY DATA - WHEN THE BOARD IS CONSIDERING COMPENSATION OF THE INTERIM EXECUTIVE DIRECTOR, IT MUST RELY ON COMPARABILITY DATA THAT DEMONSTRATES THE FAIR VALUE OF THE COMPENSATION IN QUESTION. THIS DATA MAY INCLUDE THE FOLLOWING -EXPERT COMPENSATION STUDIES BY INDEPENDENT FIRMS. -WRITTEN JOB OFFERS FOR POSITIONS AT SIMILAR ORGANIZATIONS. -DOCUMENTED TELEPHONE CALLS AND EMAILS ABOUT SIMILAR POSITIONS AT BOTH NON-PROFIT AND FOR-PROFIT ORGANIZATIONS. -INFORMATION OBTAINED FROM THE IRS FORM 990 FILINGS OF SIMILAR ORGANIZATIONS -USE OF SALARY SURVEYS NON-PROFIT AND FOUNDATION WORLD. THE BOARD'S FINAL DECISION IS DOCUMENTED THROUGH BOARD MEETING MINUTES. THIS IS CONDUCTED ANNUALLY AND LAST OCCURRED IN FISCAL YEAR 2023. STAFF SALARIES ARE DETERMINED BY PERFORMANCE EVALUATION, YEARS OF EXPERIENCE, EDUCATION, SUPERVISOR DUTIES, AND ENSURING ALL POSITIONS ARE PAID AT LEAST WITHIN 50-75% COMPARED TO OTHER NONPROFIT ORGANIZATIONS BASED ON BUDGET, ASSETS, LOCATION, AND FOCUS AREA. THE DIRECT SUPERVISOR REVIEWS PERFORMANCE AND RECOMMENDS COMPENSATION BASED ON THE SALARY RANGES OF THE ORGANIZATION AND THE INTERIM EXECUTIVE DIRECTOR APPROVES ALL SALARIES. SALARIES ARE DOCUMENTED IN THE APPROPRIATE PERSONNEL FILE WITH THE REQUEST MEMO AND THE SIGNED SALARY AUTHORIZATION APPROVED BY THE INTERIM EXECUTIVE DIRECTOR. THE PROCESS DESCRIBED HERE WAS LAST COMPLETED IN 2023. FORM 990, PART VI, SECTION C, LINE 19 THE FOUNDATION MAKES ITS FINANCIAL STATEMENTS AVAILABLE ON THE WEBSITE OR MAILED UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN BENEFICIAL INTEREST IN THE MINNEAPOLIS FOUNDATION 155,316. FORM 990 PART XII, LINE 2C THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.