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      <PersonNm>Jolene Young</PersonNm>
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        <DescriptionProgramSrvcAccomTxt>College Scholarships: awarded to 11 students 6 in their first year of undergraduate studies and 5 continuing students. The scholarships are sent directly to the college university and credited to their student accounts following the institutions scholarship awarding guidelines. Refer to schedule O for details.</DescriptionProgramSrvcAccomTxt>
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        <PersonNm referenceDocumentName="CompensationExplanation">Aisha Gonzalez</PersonNm>
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        <FormAndLineReferenceDesc>Part II - Line 10</FormAndLineReferenceDesc>
        <ExplanationTxt>| Year:, Amount:, Description:| 2020, 2060, Program service revenue from registration fees for professional development events.| 2021, 6100Program service revenue from registration fees for professional development events.| 2022, 4175Program service revenue from registration fees for professional development events.| 2023, 9080Program service revenue from registration fees for professional development events.| 2024, 5140Program service revenue from registration fees for professional development events.|</ExplanationTxt>
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        <FormAndLineReferenceDesc>Part I, line 10</FormAndLineReferenceDesc>
        <ExplanationTxt>| Grants And Similar Amounts Paid:, Amount:| MnACC provides college scholarships for students who will or have graduated from high school in Minnesota to be used towards their college expenses tuition fees books and supplies transportation etc. at a MnACC Member Institution. All recipients must verify their enrollment by providing their student ID number and fall course schedule between July 1 and August 31. Scholarships are dispersed as a one-time award in the fall semester. Funds are sent directly to the enrolled institution to be applied towards the recipients student account and are subject to the institutions outside scholarship awarding policies., $12500|</ExplanationTxt>
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        <FormAndLineReferenceDesc>Part I, line 16</FormAndLineReferenceDesc>
        <ExplanationTxt>| Other Expenses:, Amount:| Advertising &amp; Merchandise, $2232| Bank Charges and Fees, $1430| Meals - Events Meetings, $3907| Office Supplies and Software, $7660| Supplies - Events Meetings, $471| Gifts &amp; Awards, $191| Transportation for students to college fair, $287| Vendor Services, $7289|</ExplanationTxt>
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        <FormAndLineReferenceDesc>Part I, line 20</FormAndLineReferenceDesc>
        <ExplanationTxt>| Explanation:, Amount:| In 2014 MnACC with a portion of excess funds established an investment account through Bremer Banks Bremer Investment Services with an initial investment of$100,000 in a mutual fund. The funds are invested and managed by Raymond JamesFinancial Services Inc. and are insured by Securities Investor ProtectionCorporation. To date MnACC has not invested any additional funds into the account and the income earned is reinvested and has not been withdrawn. The MnACC account balance as of June 30 2025 was $196,683.30 and reflects the income expenses and change in value. Line 20 is the net change in value $4,751.91 for the fiscal year ending June 30 2025 respectively., $4752|</ExplanationTxt>
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