2026-02-09T17:08:38-06:00 2025-08-31 410746749 CLIFTONLARSONALLEN LLP 220 S 6TH STREET SUITE 300 MINNEAPOLIS MN 55402 990 2024-09-01 363433837 BOYS AND GIRLS CLUB OF THE TWIN CITIES FOUNDATION BOYS 6517262582 690 JACKSON STREET ST PAUL MN 55130 KEVIN BERG CHAIR 6517262582 2026-02-09 1 0 RACHEL FLANDERS P01591790 6123764500 2026-02-06 2024 2025-03-06 01:10:19Z KEVIN BERG 690 JACKSON STREET ST PAUL MN 55130 2545382 0 X WWW.BOYSANDGIRLS.ORG X 1984 MN THE FOUNDATION WAS ESTABLISHED TO RAISE FUNDS FOR AND SUPPORT THE BOYS & GIRLS CLUBS OF THE TWIN CITIES 8 8 0 8 0 0 55826 57217 0 0 801393 308723 0 0 857219 365940 467469 457581 0 0 0 0 0 0 0 64879 75921 532348 533502 324871 -167562 8929885 9314863 0 0 8929885 9314863 TO, AT ALL TIMES, OPERATE EXCLUSIVELY TO ADVANCE, SUPPORT, AND PROMOTE THE GROWTH AND DEVELOPMENT OF THE BOYS AND GIRLS CLUBS MOVEMENT IN THE TWIN CITIES, MINNESOTA METROPOLITAN AREA. ALSO, TO ADMINISTER CHARITABLE ACTIVITIES, CAUSE AND PROJECTS OF EVERY KIND AND NATURE. 0 0 457581 457581 0 THE BOYS AND GIRLS CLUB OF THE TWIN CITIES FOUNDATION WAS ESTABLISHED TO RAISE FUNDS FOR AND TO SUPPORT THE BOYS AND GIRLS OF THE TWIN CITIES. THE BOYS AND GIRLS CLUBS OF THE TWIN CITIES REPRESENT MORE THAN SEVENTY-FIVE YEARS OF SERVICE TO YOUTH. THE CLUBS PROVIDE ACTIVITIES AND SUPPORT 4,000 YOUNG PEOPLE, AGES 5-18. WITH TEN INNER-CITY LOCATIONS, THE BOYS AND GIRLS CLUBS OF THE TWIN CITIES IS ONE OF ONLY A FEW LOCAL ORGANIZATIONS DEDICATED SPECIFICALLY TO YOUTH DEVELOPMENT. THE CLUB OFFERS THREE CORE PROGRAMMING AREAS: ACADEMIC SUCCESS, CHARACTER AND LEADERSHIP, AND HEALTHY LIFESTYLES. 457581 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 1 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 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 8 8 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 0 0 0 MN X JACLYNN WEST 6517262582 690 JACKSON STREET SAINT PAUL MN 55130 KEVIN BERG CHAIR 2.00 1.00 X X 0 0 0 MIKE MARTINY TREASURER 1.00 1.00 X X 0 0 0 TOM SCHNACK SECRETARY 1.00 2.00 X X 0 0 0 KEVIN GRAHEK DIRECTOR 1.00 0.00 X 0 0 0 FORD NICHOLSON DIRECTOR 1.00 0.00 X 0 0 0 NEEL JOHNSON DIRECTOR 1.00 0.00 X 0 0 0 JEN MASCHKE DIRECTOR 1.00 1.00 X 0 0 0 BOB MARTIN DIRECTOR 1.00 2.00 X 0 0 0 TERRYL BRUMM CEO/PRESIDENT 1.00 39.00 X 0 297139 17457 JACLYNN WEST VP OF FINANCE 2.00 38.00 X 0 156124 24867 SHANNON MATTSON VP OF DEVELOPMENT & COMMUNICATIONS 1.00 39.00 X 0 139914 27390 JEAN-PAUL BIGIRINDAVYI VP OF OPERATIONS 1.00 39.00 X 0 141354 13530 0 734531 83244 0 0 1 0 0 57217 57217 230198 230198 2257967 2179442 78525 78525 78525 365940 0 0 308723 457581 457581 11564 11564 64357 64357 533502 457581 75921 0 514041 294142 8026904 8615169 388940 405552 8929885 9314863 0 0 X 8929885 9314863 8929885 9314863 8929885 9314863 X -167562 535928 16612 X 0 1 X 1 0 X X 1 BOYS AND GIRLS CLUBS OF THE TWIN CITIES 410842657 7 1 457581 0 1 457581 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 8533403 843891 475856 8901438 7901491 1108005 476093 8533403 7971734 397919 468162 7901491 9453720 -1015204 466782 7971734 8241091 1658470 445841 9453720 0.00000 1.00000 0.00000 0 0 0 X PART V, LINE 4: TO SUPPORT THE MISSION AND STRENGTHEN THE FINANCIAL BASE OF THE BOYS AND GIRLS CLUBS OF THE TWIN CITIES IN THE AREAS OF SCHOLARSHIPS, MAINTENANCE AND GENERAL SUPPORT. AS REQUIRED BY U.S. GENERAL ACCEPTED ACCOUNTING PRINCIPLES, NET ASSETS OF THE ENDOWMENT FUNDS ARE CLASSIFIED AND REPORTED BASED ON THE EXISTENCE OR ABSENCE OF DONOR IMPOSED RESTRICTIONS. THE BOARD OF DIRECTORS OF BOTH ORGANIZATIONS HAVE INTERPRETED THE STATE'S UNIFORM PRUDENT MANAGEMENT OF INSTITUTIONAL FUNDS ACT (UPMIFA) AS REQUIRING THE PRESERVATION OF THE FAIR VALUE OF THE ORIGINAL GIFT AS OF THE GIFT DATE OF THE DONOR-RESTRICTED ENDOWMENT FUNDS ABSENT EXPLICIT DONOR STIPULATIONS TO THE CONTRARY. AS A RESULT OF THIS INTERPRETATION, WE RETAIN IN PERPETUITY (A) THE ORIGINAL VALUE OF INITIAL AND SUBSEQUENT GIFT AMOUNTS DONATED TO THE ENDOWMENT AND (B) ANY ACCUMULATIONS TO THE ENDOWMENT MADE IN ACCORDANCE WITH THE DIRECTION OF THE APPLICABLE DONOR GIFT INSTRUMENT AT THE TIME THE ACCUMULATION IS ADDED. DONOR-RESTRICTED AMOUNTS NOT RETAINED IN PERPETUITY ARE SUBJECT TO APPROPRIATION FOR EXPENDITURE BY US IN A MANNER CONSISTENT WITH THE STANDARD OF PRUDENCE PRESCRIBED BY UPMIFA. THE ORGANIZATION HAS ADOPTED INVESTMENT AND SPENDING POLICIES FOR ENDOWMENT ASSETS THAT ATTEMPT TO PROVIDE A PREDICTABLE STREAM OF FUNDING TO THE CLUBS' PROGRAMS SUPPORTED BY ITS ENDOWMENTS WHILE SEEKING TO MAINTAIN THE PURCHASING POWER OF THE ENDOWMENT ASSETS. ENDOWMENT ASSETS INCLUDE THOSE ASSETS OF DONOR-RESTRICTED FUNDS THAT THE ORGANIZATION MUST HOLD IN PERPETUITY OR FOR A DONOR-SPECIFIED PERIOD(S). UNDER THIS POLICY, AS APPROVED BY THE BOARD OF DIRECTORS, THE ENDOWMENT ASSETS ARE INVESTED IN A MANNER THAT IS INTENDED TO PRODUCE RESULTS THAT EXCEED THE PRICE AND YIELD RESULTS OF A BLENDED BENCHMARK WHILE ASSUMING A MODERATE LEVEL OF INVESTMENT RISK. THE ORGANIZATION EXPECTS ITS ENDOWMENT FUNDS, OVER TIME, TO GENERATE A TOTAL RETURN WHICH EXCEEDS THE ANNUAL PAYOUT TO THE CLUBS PLUS REASONABLE EXPENSES FOR CUSTODY AND INVESTMENT MANAGEMENT PLUS THE RATE OF INFLATION AS MEASURED BY CPI OVER A MARKET CYCLE. PART X, LINE 2: THE BOYS AND GIRLS CLUB OF THE TWIN CITIES FOUNDATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND MINNESOTA STATUTE. THE INTERNAL REVENUE SERVICE DETERMINED THE FOUNDATION IS NOT A PRIVATE FOUNDATION. THE FOUNDATION IS A PUBLIC CHARITY AND CONTRIBUTIONS TO THE FOUNDATION QUALIFY AS CHARITABLE TAX DEDUCTIONS BY THE CONTRIBUTOR. THE FOUNDATION FOLLOWS GUIDANCE IN THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES STANDARD. THE FOUNDATION HAS NO CURRENT OBLIGATION FOR UNRELATED BUSINESS INCOME TAX. 1 BOYS AND GIRLS CLUBS OF THE TWIN CITIES 690 JACKSON STREET SAINT PAUL MN 55130 410842657 501(C)(3) 457581 0 N/A N/A GENERAL SUPPORT, MAINTENANCE AND SCHOLARSHIPS FOR THE ORGANIZATION 1 0 PART I, LINE 2: BECAUSE THE FOUNDATION WAS CREATED TO SUPPORT THE BOYS AND GIRLS CLUBS OF THE TWIN CITIES, THERE IS NO FORMAL MONITORING OF THE GRANT FUNDS. 0 0 0 0 0 0 0 0 0 TERRYL BRUMM CEO/PRESIDENT 0 247699 0 49440 0 0 0 7507 0 9950 0 314596 0 0 JACLYNN WEST VP OF FINANCE 0 156124 0 0 0 0 0 4834 0 20033 0 180991 0 0 SHANNON MATTSON VP OF DEVELOPMENT & COMMUNICATIONS 0 139914 0 0 0 0 0 4615 0 22775 0 167304 0 0 JEAN-PAUL BIGIRINDAVYI VP OF OPERATIONS 0 141354 0 0 0 0 0 4366 0 9164 0 154884 0 0 PART I, LINE 3: THE CEO'S COMPENSATION IS DETERMINED BY BOYS AND GIRLS CLUBS OF THE TWIN CITIES, A RELATED ORGANIZATION. THE FOLLOWING WERE USED BY BOYS AND GIRLS CLUBS OF THE TWIN CITIES IN DETERMINING THE CEO'S COMPENSATION: 1. WRITTEN EMPLOYMENT CONTRACT 2. COMPENSATION SURVEY OR STUDY 3. APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE FORM 990, PART VI, SECTION A, LINE 6 THE FOUNDATION HAS ONE CLASS OF MEMBERS: THE BOARD OF DIRECTORS OF THE BOYS AND GIRLS CLUBS OF THE TWIN CITIES. FORM 990, PART VI, SECTION A, LINE 7A THE BOARD OF DIRECTORS ARE ELECTED AT THE ANNUAL MEETING BY THE MEMBERS OF THE ORGANIZATION. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD MEMBERS ARE GIVEN A COPY OF THE FORM 990 FOR REVIEW PRIOR TO FILING WITH THE IRS AT THE JANUARY MEETING. THE FORM IS PRESENTED TO THE BOARD BY EITHER THE AUDITING FIRM REPRESENTATIVE OR BOARD MEMBER AT A BOARD MEETING. ANY DISCUSSION, REVIEW AND APPROVAL OCCURS AT THIS MEETING. FORM 990, PART VI, SECTION B, LINE 12C EACH YEAR, ALL MEMBERS OF THE BOARD OF DIRECTORS RECEIVE, REVIEW, AND SIGN A CONFLICT OF INTEREST POLICY. THE BOARD OF DIRECTORS IS RESPONSBILE FOR THE REVIEW OF SIGNED CONFLICT OF INTEREST POLICY STATEMENTS. BOARD MEMBERS ARE REQUIRED TO DISCLOSE ANY AND ALL CONFLICTS OF INTEREST PRIOR TO BOARD OR COMMITTEE ACTION ON A CONTRACT OR TRANSACTION AND SUCH CONFLICTS AND RELATED PROCEEDINGS ARE DOCUMENTED IN THE MINUTES OF THE MEETING. A PERSON WHO HAS A CONFLICT OF INTEREST SHALL NOT PARTICIPATE IN OR BE PERMITTED TO HEAR THE BOARD'S OR COMMITTEE'S DISCUSSION OF THE MATTER. SUCH PERSON SHALL NOT ATTEMPT TO EXERT HIS OR HER INFLUENCE WITH RESPECT TO THE MATTER, EITHER AT OUR OUTSIDE THE MEETING. A PERSON WHO HAS A CONFLICY OF INTEREST WITH AN ITEM THAT WILL BE VOTED ON AT A MEETING MAY NOT VOTE ON THE ITEM IN QUESTION, NOR BE PRESENT IN THE ROOM WHEN THE VOTE IS TAKEN NOR BE COUNTED IN DETERMINING THE PERSENCE OF A QUOROM FOR PURPOSES OF THE VOTE. FORM 990, PART VI, SECTION C, LINE 19 THE FOUNDATION DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, NOR ITS FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS 12,500. CHANGE IN VALUE OF COMMUNITY FOUNDATION HOLDINGS 4,112. BOYS AND GIRLS CLUBS OF THE TWIN CITIES 690 JACKSON STREET SAINT PAUL MN 55130 410842657 YOUTH DEVELOPMENT ORGANIZATION MN 501(C)(3) 7 N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0