2024-01-22T15:24:05-06:00 2023-06-30 410746749 CLIFTONLARSONALLEN LLP 600 3RD AVENUE SE SUITE 300 CEDAR RAPIDS IA 52401 990 2022-07-01 426061606 IOWA 4-H FOUNDATION IOWA 5152941537 EXT 4-H YOUTH BLDG 1259 STANGE RD AMES IA 500111002 EMILY SAVERAID EXECUTIVE DIRECTOR 5152941537 2024-01-19 1 EMILY SAVERAID 999009999 0 DAVID LITTLE P01480921 3193632697 2024-01-15 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z EMILY SAVERAID EXT 4-H YOUTH BLDG/ 1259 STANGE RD AMES IA 500111002 2666801 0 X WWW.IOWA4HFOUNDATION.ORG X 1949 IA THE IOWA 4-H FOUNDATION PROVIDES FINANCIAL RESOURCES FOR YOUTH DEVELOPMENT THROUGH 4-H. 23 23 0 295 0 0 1708578 1757500 29502 18528 502109 493849 86336 70274 2326525 2340151 384613 613230 0 0 357650 365985 0 0 243084 413322 551445 1155585 1530660 1170940 809491 17058496 18601024 68400 50477 16990096 18550547 SEE SCHEDULE O. 0 0 444379 172735 1180 COUNTY SUPPORT- 4-H PROGRAMS EXIST IN EVERY IOWA COUNTY, AND THE FOUNDATION RAISES MONEY TO ENHANCE THESE LOCAL PROGRAMS. COUNTY SUPPORT, INCLUDING PROVISION OF COUNTY ENDOWMENTS, ASSISTS WITH FUNDING FOR CLUB PROGRAMS, PROVIDES GRANTS FOR 4-H COMMUNITY SERVICE PROJECTS, AND CONTRIBUTES FUNDING FOR OUT-OF-COUNTY AND OUT-OF-STATE EXPERIENCES. 306485 262095 11974 STATE 4-H PROGRAMS - FUNDING FOR STATE-WIDE 4-H PROGRAM PRIORITY AREAS INCLUDING STEM, LEADERSHIP & CIVIC ENGAGEMENT, HEALTHY LIVING, COMMUNICATIONS & THE ARTS, AND AGRICULTURE & NATURAL RESOURCES. ALSO PROVIDES FUNDING FOR LEADERSHIP AND EDUCATIONAL OPPORTUNITIES FOR 4-H'ERS ACROSS IOWA. 221506 178400 5374 INDIVIDUAL MEMBER SUPPORT - THE FOUNDATION PROVIDES MORE THAN 110 COLLEGE SCHOLARSHIPS ON THE STATE LEVEL, AND ALSO SOLICITS SUPPORT FOR SPECIAL 4-H PROJECT AWARDS AND ANNUAL RECOGNITION TRIPS LIKE NATIONAL 4-H CONFERENCE AND NATIONAL 4-H CONGRESS. ADDITIONALLY, DONORS HELP UNDERWRITE THE PARTICIPATION FEES FOR INDIVIDUAL 4-H MEMBERS, ENSURING NO CHILD IS TURNED AWAY FROM A 4-H CLUB EXPERIENCE BECAUSE OF THE COST. 972370 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 1 0 0 0 0 0 0 0 1 1 0 1 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 1 0 1 6 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 X 23 23 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X X EMILY SAVERAID 5152941537 EXT 4-H YOUTH BLDG/ 1259 STANGE RD AMES IA 500111002 MCGONEGLE JULIE PAST PRESIDENT 2.00 X X 0 0 0 BOLTE DAVID PRESIDENT 2.00 X X 0 0 0 MURPHY JEFF PRESIDENT ELECT 2.00 X X 0 0 0 TIMMINS DON VICE PRESIDENT 2.00 X X 0 0 0 ANDERSON JEFF DIRECTOR 1.00 X 0 0 0 CHESNUT JUSTIN DIRECTOR 1.00 X 0 0 0 CHISM JOHN DIRECTOR 1.00 X 0 0 0 CUMINGS ERIN DIRECTOR 1.00 X 0 0 0 CRAIG MADISON DIRECTOR 1.00 X 0 0 0 DOLCH ADELAI DIRECTOR 1.00 X 0 0 0 FAY MIKE DIRECTOR 1.00 X 0 0 0 GALLAGHER KELLI DIRECTOR 1.00 X 0 0 0 GORSCH BETHANY DIRECTOR 1.00 X 0 0 0 GREINER SANDY DIRECTOR 1.00 X 0 0 0 HERBOLD-SWALWELL ERIN DIRECTOR 1.00 X 0 0 0 KAPUCIAN TIM DIRECTOR 1.00 X 0 0 0 MACRO VENESSA DIRECTOR 1.00 X 0 0 0 MCKINNEY ALISSA DIRECTOR 1.00 X 0 0 0 RODENBERG LEAH DIRECTOR 1.00 X 0 0 0 ROSBURG COZETTE DIRECTOR 1.00 X 0 0 0 SMITH DAINNA DIRECTOR 1.00 X 0 0 0 VENNER TOM DIRECTOR 1.00 X 0 0 0 WESTERCAMP NEHEMIAH DIRECTOR 1.00 X 0 0 0 SAVERAID EMILY EXECUTIVE DIRECTOR 50.00 X 0 74768 15512 0 74768 15512 0 0 0 0 0 175607 35000 1546893 9250 1757500 GIFT FEE 900099 18528 18528 18528 181505 181505 44211 0 44211 44211 44211 575540 263196 312344 312344 312344 50947 175607 61474 -10527 -10527 33310 1980 31330 31330 MISCELLANEOUS 900099 5260 5260 5260 2340151 18528 0 564123 361250 361250 251980 251980 93108 32588 23277 37243 198919 34746 66020 98153 3903 949 2057 897 55198 10070 17596 27532 14857 2472 4964 7421 23071 23071 151732 151732 11413 11413 16105 4637 397 11071 37911 8372 11801 17738 2278 105 50 2123 5216 1501 1756 1959 PROGRAM EXPENSES 245333 245333 DONOR EXPENSES 44415 8981 35434 MISCELLANEOUS 12067 8338 1072 2657 ISU FOUNDATION GIFT FE 1904 1048 856 1530660 972370 315206 243084 1000631 51601 137890 1105757 63144 78365 36800 44357 14120 14120 0 0 15820031 17320944 17058496 18601024 13400 15477 55000 35000 68400 50477 X 7186305 8064197 9803791 10486350 16990096 18550547 17058496 18601024 809491 750960 0 X X 0 1 X 1 0 X 1711597 1112439 1199754 1708577 1757500 7489867 1711597 1112439 1199754 1708577 1757500 7489867 271565 7218302 55448 63545 256525 257202 294337 927057 3864 5260 9124 8426048 302604 0.85670 0.86360 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 13870038 858086 785235 134300 305868 15073191 14273406 627706 -620455 110875 299744 13870038 10420024 1104909 3102280 118150 235657 14273406 6695350 3650483 413553 128416 210946 10420024 6387629 418850 290716 138999 262846 6695350 0.38750 0.16170 0.45080 1 1 1 14120 14120 0 0 X 2950785 750960 9426 1980 762366 2188419 151732 151732 2340151 1390334 9426 1980 11406 1378928 151732 151732 1530660 PART X, LINE 2: THE FOUNDATION FILES INFORMATION RETURNS IN THE U.S. FEDERAL JURISDICTION. THE FOUNDATION FOLLOWS THE ACCOUNTING STANDARD TO EVALUATE UNCERTAIN TAX POSITIONS AND HAS DETERMINED THAT IT WAS NOT REQUIRED TO RECORD A LIABILITY RELATED TO UNCERTAIN TAX POSITIONS AT JUNE 30, 2023 AND 2022. PART XI, LINE 2D - OTHER ADJUSTMENTS: RECLASS GAMING ACTIVITY EXPENSE TO NET AGAINST REVENUE PART XII, LINE 2D - OTHER ADJUSTMENTS: RECLASS GAMING ACTIVITY EXPENSE TO NET AGAINST REVENUE PART V, LINE 4 ENDOWMENTS HELD BY THE IOWA 4-H FOUNDATION ARE EACH GOVERNED BY AN ENDOWMENT AGREEMENT WITH THE DONORS TO THE FUND THAT OUTLINES THE PURPOSE OF THE FUND, PROGRAM(S) SUPPORTED, AND DISBURSEMENT GUIDELINES. IN MOST CASES, DISBURSEMENTS FROM ENDOWMENTS ARE DETERMINED BY COMMITTEE AND APPROVED BY STAFF AND A FINAL APPROVAL OF THE EXECUTIVE DIRECTOR. FOR A FEW ACCOUNTS, 4-H PROGRAM STAFF DETERMINE DISBURSEMENTS AND THESE ARE THEN APPROVED BY OTHER PROGRAM STAFF AND THE EXECUTIVE DIRECTOR OR JUST THE EXECUTIVE DIRECTOR. ALL DISBURSEMENTS ARE GOVERNED BY THE 4-H FOUNDATION'S ENDOWMENT POLICY, WITH WITHDRAWAL RATES FROM PERMANENTLY RESTRICTED ENDOWMENTS SET ANNUALLY BY THE 4-H FOUNDATION'S OPERATIONS COMMITTEE. GALA 167611 141092 26519 10577 15941 9667 GOLF OUTING 58943 34515 24428 16163 4018 4249 859 226554 175607 50947 16163 14595 20190 10526 61474 -10527 33310 1980 1 1.00000 33310 1980 1980 31330 IA 1 0 0 0 1.00000 BRENDA FRANKENFELD EXT 4-H YOUTH BLDG 1259 STANGE RD AMES IA 500111002 0 BRENDA FRANKENFELD RECORDKEEPING X 0 1 IOWA 4-H PROGRAM ISU EXT & OUTREACH 426004224 501(C)(3) 252440 0 BOOK STATE 4-H PROGRAM IOWA 4-H PROGRAM ISU EXT & OUTREACH 426004224 501(C)(3) 64335 0 BOOK COUNTY 4-H PROGRAM IOWA 4-H PROGRAM ISU EXT & OUTREACH 426004224 501(C)(3) 44475 0 BOOK INDIVIDUAL MEMBER SUPPORT 1 0 SCHOLARSHIP PAYMENTS 239 203050 BOOK PROGRAM DEV. FEE ASSISTANCE 1761 21135 BOOK FINANCIAL AID 301 27795 BOOK PART I, LINE 2: PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS PROGRAM SUPPORT IS TRANSFERRED DIRECTLY INTO PROJECT ACCOUNT. PINS AND CERTIFICATES ARE PURCHASED BY THE FOUNDATION FROM THE SUPPLIER. COMMUNITY SERVICE GRANTS ARE ISSUED TO THE 4-H CLUB IN CARE OF THE COUNTY EXTENSION OFFICE. SCHOLARSHIP CHECKS ARE ISSUED IN THE NAME OF THE STUDENT AND SCHOOL. CAMP AND CONFERENCE FINANCIAL AID IS TRANSFERRED DIRECTLY TO THEIR RESPECTIVE PROJECT ACCOUNT, OR A CHECK IS WRITTEN TO THE OUTSIDE CAMP OR COUNTY RESPONSIBLE FOR PAYMENT. CHECK FOR PROGRAM DEVELOPMENT FEE IS WRITTEN TO THE APPROPRIATE COUNTY. STATE PROJECT AWARD CHECKS ARE ISSUED IN THE NAME OF THE STUDENT. X SPECIAL EVENTS 36 9250 FMV OR SELLING PRICE 0 1 0 PART I, COLUMN (B): COLUMN B IS THE NUMBER OF CONTRIBUTORS. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE 990 IS SHARED WITH THE EXECUTIVE DIRECTOR FOR REVIEW, APPROVAL AND SIGNATURE (WITH SIGNIFICANT INPUT FROM THE STAFF ACCOUNTANT) BEFORE IT IS FILED. A COPY IS ALSO SHARED WITH THE BOARD OF TRUSTEES FOR REVIEW AND DISCUSSION WITH THE ACCOUNTING FIRM THAT PREPARED THE 990 DURING A JANUARY BOARD MEETING PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE 4-H FOUNDATION'S CURRENT CONFLICT OF INTEREST POLICY WAS ADOPTED IN 2011. OFFICERS, TRUSTEES AND EMPLOYEES ANNUALLY DISCLOSE POTENTIAL CONFLICTS OF INTEREST OF THEMSELVES AND THEIR FAMILIES ON A QUESTIONNAIRE DISTRIBUTED BY THE EXECUTIVE DIRECTOR. THE EXECUTIVE DIRECTOR ENSURES THAT ALL QUESTIONNAIRES ARE COMPLETED, REVIEWS THEM FOR CONFLICTS, AND SUBMITS TO THE BOARD TO REVIEW ANY QUESTIONNAIRES THAT DISCLOSE ACTUAL OR POTENTIAL CONFLICTS. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION FOR ALL EMPLOYEES EXCEPT THE EXECUTIVE DIRECTOR IS DETERMINED ANNUALLY WITH A PERFORMANCE APPRAISAL FOR EACH EMPLOYEE BY THE EXECUTIVE DIRECTOR, A SURVEY OF THE COMPENSATION IN SIMILAR POSITIONS IN RELATED OR LIKE NON-PROFIT ORGANIZATIONS, AND THE DETERMINATION OF THE NEW RATE OF COMPENSATION AFTER A REVIEW OF SIMILAR ISU POSITIONS AND ANNUAL SALARY ADJUSTMENT PARAMETERS. COMPENSATION FOR THE EXECUTIVE DIRECTOR IS DETERMINED AND APPROVED ANNUALLY BY THE PERSONNEL COMMITTEE OF THE BOARD. A PERFORMANCE REVIEW AND COMPENSATION SURVEY OF LIKE-SIZED IOWA NON-PROFITS AND OTHER STATE 4-H FOUNDATIONS ARE USED TO DETERMINE COMPENSATION ADJUSTMENTS. FORM 990, PART VI, SECTION C, LINE 19 THE IOWA 4-H FOUNDATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST, EITHER VERBALLY, IN PERSON OR IN WRITING, FROM ITS OFFICES IN THE EXTENSION 4-H YOUTH BUILDING. ADDITIONALLY, CERTAIN FINANCIAL DOCUMENTS (INCLUDING ANNUAL REPORTS, AUDIT REPORTS AND TAX FORMS) ARE AVAILABLE ON THE FOUNDATION'S WEBSITE: WWW.IOWA4HFOUNDATION.ORG FORM 990, PART XII, LINE 2C THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. FORM 990, PART I, LINE 5 THE FOUNDATION STAFF IS EMPLOYED PRIVATELY, BUT HAVE HEALTH BENEFITS PROVIDED THROUGH IOWA STATE UNIVERSITY (ISU) AND PAYROLL AND REMAINING BENEFITS PROVIDED THROUGH PAYCHEX HUMAN RESOURCES. THE FOUNDATION REIMBURSES ISU AND PAYCHEX FOR EMPLOYEE COMPENSATION AND BENEFITS FOR 8 EMPLOYEES. FORM 990, PART VI, LINE 2 THE 4-H FOUNDATION HAS UP TO 32 INDIVIDUAL TRUSTEES SERVING AS UNPAID VOLUNTEERS ON ITS BOARD AT ANY ONE POINT IN TIME. MANY OF THEM LIVE AND WORK IN IOWA, AND IN THEIR DAY-TO-DAY JOBS COME IN CONTACT WITH MANY OTHER INDIVIDUALS, INCLUDING OTHER TRUSTEES, AS THEY CONDUCT THEIR NORMAL BUSINESS IN THE AGRI-BUSINESS, COMMUNICATIONS, CONSTRUCTION, MANUFACTURING, HEALTH-CARE, AND EDUCATIONAL SECTORS OF THE STATE'S ECONOMY. THE PAST PRESIDENTS AND CURRENT BOARD OFFICERS ARE ALSO ASKED TO RECRUIT NEW TRUSTEES TO THE BOARD, AND IT IS NATURAL FOR THEM TO RECRUIT INDIVIDUALS THEY KNOW AND RESPECT FROM THEIR EXISTING BUSINESS NETWORKS. SUPPLEMENT TO FORM 990, PART VI, LINE 3, AND SCHEDULE R THE 4-H FOUNDATION HAS DELEGATED INVESTMENT OF ITS ENDOWMENT FUNDS TO THE COMMUNITY FOUNDATION OF GREATER DES MOINES (CFGDM) AND THE FUND MANAGERS OF CFGDM, ENDOWMENTS TO IOWA STATE UNIVERSITY (ISU) TREASURER'S OFFICE TO ISU, AND THOSE HELD BY HILLS BANK TO THE FUND MANAGERS OF HILLS BANK AND TRUST COMPANY. THE ENDOWMENTS HELD AT ISU ARE OVERSEEN BY THE IOWA BOARD OF REGENTS (REGENTS) UNDER DELEGATION FROM THE STATE OF IOWA ACCORDING TO ISU'S INVESTMENT POLICY. THE ENDOWMENTS WITH ISU ARE INVESTED IN ACCORDANCE WITH THE REGENT'S DIRECTIVES IN A "LONG TERM INVESTMENT POOL." THE GOAL OF THIS POOL IS TO MAINTAIN AND PRESERVE OVER TIME THE REAL (I.E. NET OF INFLATION) VALUE OF THE FUNDS WITH THE INTENT OF OBTAINING THE HIGHEST POSSIBLE TOTAL RETURN (CURRENT INCOME PLUS NET REALIZED AND UNREALIZED APPRECIATION) WITHOUT EXPOSING THE POOL TO LEVELS OF VOLATILITY THAT MIGHT SIGNIFCANTLY AFFECT THE PRINCIPAL VALUE OF THE ASSETS. FORM 990 PART III, LINE 1, DESCRIPTION OF ORGANIZATION MISSION THE IOWA 4-H FOUNDATION PROVIDES FINANCIAL RESOURCES FOR YOUTH DEVELOPMENT THROUGH 4-H. THE IOWA 4-H FOUNDATION PROVIDES DIRECT AND INDIRECT PRIVATE FUNDING SUPPORT FOR THE IOWA 4-H YOUTH DEVELOPMENT PROGRAM, A PROGRAM ADMINISTERED STATEWIDE BY IOWA STATE UNIVERSITY EXTENSION AND OUTREACH (ISUEO). CURRENT 4-H PROGRAM PRIORITIES INCLUDE: HEALTHY LIVING, STEM, LEADERSHIP & CIVIC ENGAGEMENT, COMMUNICATION & THE ARTS, AND AGRICULTURE & NATURAL RESOURCES. ADDITIONALLY, THE 4-H FOUNDATION FUNDS OPPORTUNITIES THAT PROMOTE AND ENHANCE THE IOWA 4-H EXPERIENCE. THESE INCLUDE: COLLEGE SCHOLARSHIPS, STATE PROJECT AWARDS, NATIONAL RECOGNITION TRIPS, VOLUNTEER AWARDS, AND PROGRAM/EVENT FEE ASSISTANCE. IOWA STATE UNIVERSITY EXTENSION EXTENSION 4-H YOUTH BUILDING AMES IA 500113630 426004224 YOUTH DEVELOPMENT IA 501(C)(7) ISU ADMIN 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 1 IOWA STATE UNIVERSITY EXTENSION P 91185 ACTUAL COST IOWA STATE UNIVERSITY EXTENSION B 436537 ACTUAL AMOUNT IOWA STATE UNIVERSITY EXTENSION S 440159 ACTUAL AMOUNT OF TRANSFER IOWA STATE UNIVERSITY EXTENSION R 857715 ACTUAL AMOUNT OF TRANSFER