2025-09-02T16:36:35-05:00 2024-12-31 450250958 Eide Bailly LLP 800 Nicollet Mall Ste 1300 Minneapolis MN 554027033 990 2024-01-01 411269275 Minnesota Council on Foundations MINN 6123381989 2550 University Ave W 200N Saint Paul MN 55114 Matthew Stowell Board Treasurer 6123381989 2025-08-29 1 0 Deb Nelson CPA P01264758 6122536500 2025-08-28 2024 2025-03-06 01:10:19Z X Flor Frey 2550 University Ave W 200N Saint Paul MN 55114 6431608 0 X www.MCF.org X 1975 MN Connecting, strengthening & mobilizing the power of philanthropy to advance prosperity & equity 18 18 12 120 11250 759 2753875 6139055 216396 248229 11653 33074 10749 11250 2992673 6431608 60000 1081100 0 0 1063651 1216947 0 0 26311 676233 1284940 1799884 3582987 1192789 2848621 3080837 5881087 253168 207481 2827669 5673606 X MCF is a vibrant philanthropic community connecting, strengthening and mobilizing the power of philanthropy to advance prosperity and equity. 0 0 918475 918475 Supporting Minnesota Communities: The Minnesota Council on Foundations engages with nonprofit organizations and partners to strengthen the practice of philanthropy, build relationships between philanthropy and the community, and promote community engagement and civic health. In 2024, this included grant support for organizations engaged in voter education on new election laws and voting rights and the launch of Press Forward Minnesota, the Minnesota chapter of a national movement to strengthen democracy by revitalizing local news and information. 1058887 79750 248229 Membership Services:MCF conducts a wide range of training and professional development opportunities for grantmakers, and creates opportunities for peer networking and learning within the field. Programs include: grantmaking skills; briefings on current events and issues; foundation type and issue based peer networks; and trends in the nonprofit and philanthropic sectors. MCF provides programming and peer learning opportunities in a range of issues related to Diversity, Equity and Inclusion. MCF's government relations and public policy program provides education, training and peer networks to its members, encouraging the incorporation of public policy and advocacy into grantmaking, in adherence with professional and legal practices. MCF responds to public policy issues related to the field of philanthropy, and advances public policy issues related to strengthening democracy. 1183757 82875 Public Awareness:MCF educates the public, nonprofit organizations, the media, government and elected officials about philanthropy, trends in the field, and the grantmaking process. This occurs through the publication of MCF Notes, MCF Giving Memo, Giving in Minnesota report, and working directly with the media and the interested public. Data used to inform the public is generated through surveys of philanthropy and through national databases including a 3-year commitment to work with Impala. The Press Forward MN effort, hosted at MCF, aims to increase public awareness about the connection between quality local news and information and civic health. 3161119 1 1 0 1 0 0 0 0 1 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 28 0 1 12 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 18 18 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 0 0 MN X X Patricia Starks-Faggett 6123353418 2550 University Ave W 200N Saint Paul MN 55114 Jenny Johnson Board Chair 1.00 X X 0 0 0 Flor Trevino Frey Vice Chair 1.00 X X 0 0 0 Matt Stowell Treasurer 1.00 X X 0 0 0 Nate Dorr Secretary (Until 10/2024) 1.00 X X 0 0 0 Dee Baskin Member 1.00 X 0 0 0 Kevin Bennett Member 1.00 X 0 0 0 Sarah Berger Member 1.00 X 0 0 0 Catie Bitzan Amundsen Member 1.00 X 0 0 0 Ambar Hanson Member 1.00 X 0 0 0 Jennifer Higgins Member 1.00 X 0 0 0 Olivia Jefferson Member 1.00 X 0 0 0 Wakinyan LaPointe Member 1.00 X 0 0 0 Carolyn Link Member 1.00 X 0 0 0 Heather Logelin Member 1.00 X 0 0 0 Dominic Papatola Member 1.00 X 0 0 0 Mai-Anh Tran Member 1.00 X 0 0 0 John Wilgers Member 1.00 X 0 0 0 Katya Zepeda Member 1.00 X 0 0 0 Aaron Zimmerman Member 1.00 X 0 0 0 Susan Brown President 37.50 X 175806 0 26910 Paul Masiarchin - VP Director of Member Services 37.50 X 109925 0 16171 285731 0 43081 2 0 1 0 0 1132450 5006605 6139055 Membership Dues 813910 128250 128250 Meeting Fees 813910 111903 111903 8076 8076 248229 33074 33074 Advertising 541800 11250 11250 11250 6431608 248229 11250 33074 X 1011100 1011100 70000 70000 203479 40696 162783 836127 777180 48880 10067 46493 44438 1475 580 58068 56179 1153 736 72780 58425 13631 724 8881 8881 492283 434741 46928 10614 3094 2482 588 24 3521 2934 550 37 147143 117067 28899 1177 38277 35260 2063 954 208728 204754 3313 661 74446 59229 14621 596 7837 6235 1539 63 License Fees 250436 202808 47628 Forum Dues 26028 23425 2603 Printing/Equipment 13887 5659 8223 5 10379 8507 1799 73 3582987 3161119 395557 26311 1035160 917866 1391156 3520495 300000 1187500 738 12605 24360 36551 703567 628933 149080 74634 100829 101880 79514 29556 3080837 5881087 67011 104675 40190 48650 145967 54156 253168 207481 X 1044797 1303309 1782872 4370297 2827669 5673606 3080837 5881087 2848621 -2684 0 X 0 1 X 1 0 X 2079150 7121114 3318930 2753875 6139055 21412124 2079150 7121114 3318930 2753875 6139055 21412124 4302056 17110068 3319 2681 3073 11653 33074 53800 13299 813 9189 198 1759 25258 21491182 898669 0.79610 0.92130 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2776 11106 13882 3147237 3161119 308056 77014 0 0 479286 293427 216266 308056 1297035 1945553 12494 9721 10906 13882 47003 119822 73357 54067 77014 324260 486390 2499 1944 2181 2776 9400 0 0 414224 414224 0 188780 184540 4240 100563 30169 70394 74634 Operating Lease Liability 54156 54156 X 6428924 -2684 -2684 6431608 0 6431608 3582987 0 3582987 0 3582987 Part X, Line 2: MCF believes that it has appropriate support for any tax positions taken affecting its annual filing requirements, and as such, does not have any uncertain tax positions that are material to the financial statements. MCF would recognize future accrued interest and penalties related to unrecognized tax benefits and liabilities in income tax expense if such interest and penalties are incurred. 1 Native American Community Development Institute 1414 E Franklin Avenue Minneapolis MN 55404 412117257 501(c)3 7500 0 Community support for census and redistricting Comunidades Organizando el Poder y la Accion Latina 3702 E Lake Street Minneapolis MN 55406 831380358 501(c)3 7500 0 Community support for census and redistricting Asian American Organizing Project 2100 Stevens Avenue Minneapolis MN 55404 383777419 501(c)3 7500 0 Community support for census and redistricting Hispanic Advocacy and Community Empowerment through Research 155 Wabasha St S Ste 110 St Paul MN 55117 411900934 501(c)3 15000 0 Community support for census and redistricting Islamic Civic Soceity of America 504 Cedar Ave S Minneapolis MN 554541219 412015497 501(c)3 15000 0 Community support for census and redistricting CAPI USA 5930 Brooklyn Boulevard Brooklyn CTR MN 55429 411417198 501(c)3 15000 0 Community support for census and redistricting Deaf Equity 59 Litchifield Street St Paul MN 55092 611807936 501(c)3 15000 0 Community support for census and redistricting African Career Education Resources Inc 6800 78th Ave N Brooklyn Park MN 55445 471207676 501(c)3 15000 0 Community support for census and redistricting Minnesota Voice 2324 University Ave West Suite 101 St Paul MN 55114 464457692 501(c)3 40000 0 Community support for inclusive democracy Karen Organization of Minnesota 2353 Rice Street Suite 240 Roseville MN 55113 300438142 501(c)3 25000 0 Community support for inclusive democracy American Indian Family Center 579 Wells Street St Paul MN 55130 411841352 501(c)3 32300 0 Community support for inclusive democracy Leagure of Women Voters of Minnesota 546 Rice St Ste 200 St Paul MN 551032164 363300249 501(c)3 35500 0 Community support for inclusive democracy National Youth Leadership Council 6715 Minnetonka Blvd Ste 202 St Louis Park MN 55426 411449746 501(c)3 18300 0 Community support for inclusive democracy Minnesota Prison Writing Workshop PO Box 7262 Minneapolis MN 55407 471890824 501(c)3 40000 0 Community support for inclusive democracy Native American Community Development Institute 1414 E Franklin Avenue Minneapolis MN 55407 412117257 501(c)3 35000 0 Community support for inclusive democracy Comunidades Organizando el Poder y la Accion Latina-COPAL Education Fund 3702 E Lake Street Minneapolis MN 55406 831380358 501(c)3 35000 0 Community support for inclusive democracy YMCA of the North - Center for Youth Voice 651 Nicollet Mall Suite 500 Minneapolis MN 554021609 452563299 501(c)3 27500 0 Community support for inclusive democracy EMERGE Community Development 1834 Emerson Ave N Minneapolis MN 55411 411277423 501(c)3 25000 0 Community support for inclusive democracy Asian American Organizing Project 2100 Stevens Avenue Minneapolis MN 55404 383777419 501(c)3 35000 0 Community support for inclusive democracy Central Minnesota Community Empowerment Organization (CMCEO) 2719 W Division St Suite 124 St Cloud MN 56301 473521051 501(c)3 15000 0 Community support for inclusive democracy MN Secretary of State 332 Minnesota Street Suite N201 St Paul MN 55101 Gov 550000 0 Community support for inclusive democracy 21 0 McKnight Binger Award 7 70000 Part I, Line 2: Intermediary Funding/Grants: As MCF was the intermediary of these funds, MCF did not monitor the use of the grants funds once the funds were distributed. Grants to Individuals: The awards were distributed to recognize past service to the community. MCF did not monitor the use of the grants funds once the funds were distributed. X X 0 0 0 0 0 0 0 0 0 Susan Brown President 175806 0 0 0 0 0 11805 0 15868 0 203479 0 0 0 Form 990, Part VI, Section A, line 1a MCF has an Executive Committee, consisting of three or more members of the Board of Directors, including the Chair, Vice-Chair, Secretary, and Treasurer of the Board of Directors. The Executive Committee has the power and authority of the Board of Directors between meetings of the board, reporting to the Board of Directors at its succeeding meeting any action taken; provided, however, that the committee has no authority to fill vacancies in the board or to repeal the bylaws or any resolution of the Board of Directors that by its terms is not amendable or repealable. Form 990, Part VI, Section A, line 6 Voting members include private foundations, private operating foundations, community foundations, business organizations or, a board division, tribe, public charity grantmaker and other grantmaking organizations which: (A) makes grants for charitable, religious, education, or scientific purposes; and, (B) makes grants to multiple, unrelated organizations rather than to one institution, or solely to its affiliates or subsidiaries or to a group of preselected recipients; and (C) devotes a portion of its charitable budget to its grantmaking program and activities rather than to fundraising. Only the member organizations described above shall be voting members, whose voting and other rights, interests and privileges shall be equal. All other members, such as associate members do not have voting rights and privileges. Form 990, Part VI, Section A, line 7a The members of MCF elect the directors by majority vote. In any election, or in any other business of an annual or special meeting of the members of MCF, each voting member organization is represented, and entitled to vote by, an individual delegate. Members of MCF do not participate in the management of MCF but may recommend policy to the Board of Directors. Form 990, Part VI, Section A, line 7b The members of MCF must approve certain amendments to the Articles and Bylaws. The Board of Directors may not adopt, amend, or repeal a provision fixing a quorum for meetings of Members, prescribing procedures for removing directors or filling vacancies in the Board of Directors, or fixing the number of directors or their classifications, qualifications, or terms of office without the approval of the Members. Form 990, Part VI, Section B, line 11b The Finance Committee will review the Form 990, addressing any questions or comments. The committee will vote to recommend the Form 990 advance to the Board of Directors for approval. The Form 990 will then be distributed to the Board of Directors to vote for approval prior to filing with the IRS. Form 990, Part VI, Section B, line 12c Members of MCF's board and staff complete an annual conflict of interest disclosure form. A copy of MCF's conflict of interest policy and procedures is available if requested. Prior to board action on a contract or transaction involving a conflict of interest, a Director who knows he or she has a conflict of interest and who is in attendance at the meeting shall disclose all facts material to the conflict of interest. Such disclosure shall be reflected in the minutes of the meeting. A director who does not plan to attend a meeting at which he or she has reason to believe that the board will act on a matter in which the person knows he or she has a conflict of interest shall disclose to the Chair all facts material to the conflict of interest. The Chair shall report the disclosure at the meeting and the disclosure shall be reflected in the minutes of the meeting. If the Director having the conflict of interest is the Chair, then the required disclosure shall be made to, and the required report to the board shall be made by, the President. Responsible persons who are not Directors of MCF, or who have a conflict of interest with respect to a contract or transaction that is not the subject of board action, shall disclose to the President or Chair any conflict of interest that such responsible person knows he or she has with respect to such contract or transaction. Such disclosure shall be made as soon as the conflict of interest is known to the responsible person. The responsible person shall refrain from any action that may affect MCF's participation in such contract or transaction. The President or Chair shall determine whether the conflict of interest should be reported to or acted on by the Board, and shall make a written record of the disclosure and the decision on whether to bring the matter to the Board. If the matter does not require Board consideration, the President or Chair may address the matter. If it is not entirely clear whether or not a conflict of interest exists, then the individual with the potential conflict shall disclose the circumstances to the Chair or President, who shall determine whether there exists a conflict of interest that is subject to this policy. The Board shall review each conflict of interest that is reported to it, and may approve the affected contract or transaction if the material facts as to the contract or transaction and the conflict of interest are fully disclosed or known to the Board and the Board approves the contract or transaction in good faith by the affirmative vote (without counting the interested Director) of a majority of the Board at a meeting at which there is a quorum present, again without counting the interested Director. Form 990, Part VI, Section B, line 15a The MCF strives to achieve fair, transparent and effective ways of recognizing, motivating and rewarding staff for contributions to achieving its mission. MCF uses a compensation system that determines the current market value of the position based on the skills, knowledge and behaviors required of a fully competent incumbent. The system used is objective and non-discriminatory in theory, application and practice. The Board of Directors is responsible for the review and approval of the position level, pay range, and the specific compensation package for the President. MCF conducts a salary review, periodically, that compares similar organizations including nonprofits, organizations of similar size and those in the Twin Cities metro area, or region, as appropriate for the level of position and as available. MCF developed a compensation philosophy and new compensation bands in 2021, which included a commitment to update the salary bands, using market tools, every three years at minimum. The Minnesota Council on Foundations uses comparative data from other member associations and nonprofits to establish compensation for all staff. MCF uses data from the Minnesota Council of Nonprofits, the United Philanthropy Forum, and other sources. Form 990, Part VI, Section C, line 19 MCF's governing documents, conflict of interest policy and financial statements are available upon request. Form 990, Part IX, line 11g Contracted Services: Program service expenses 407,364. Management and general expenses 44,603. Fundraising expenses 10,511. Total expenses 462,478. Professional Development: Program service expenses 27,377. Management and general expenses 2,325. Fundraising expenses 103. Total expenses 29,805.