Civic Intelligence

Inver Hills Community College Foundation

EIN 41-1410445 • 501(c)3 • Inver Grove Heights, MN

Profile

Promote inver hills community college by identifying community needs, building partnerships with area high schools, businesses, community organizations, and government agencies. We build capacity by securing financial and other resources that further the mission of the college. We assist students, faculty, and staff seeking educational excellence.

2500 80th Street EastInver Grove Heights, MN 55076

www.inverhills.edu/FOUNDATION

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

27th percentile

0.00x

Higher debt load relative to assets than 27% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Liabilities / Revenue

37th percentile

0.03x

Higher debt load relative to revenue than 37% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Net Margin

79th percentile

28%

Higher net margin than 79% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Top Officer Pay

67th percentile

$101,184

Higher top officer pay than 67% of similar nonprofits.

Top officer pay equals 20.0% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Asset Growth

51st percentile

3.8%

Faster asset growth than 51% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Revenue Growth

60th percentile

13%

Faster revenue growth than 60% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Assets

Up

$3,817,599

Up $139,090 (+3.8%) from 2024

Liabilities

Down

$14,189

Down $2,150 (-13%) from 2024

Net Assets

Up

$3,803,410

Up $141,240 (+3.9%) from 2024

Revenue

Up

$506,050

Up $59,859 (+13%) from 2024

Expenses

Up

$364,809

Up $2,045 (+0.6%) from 2024

Net Income

Up

$141,241

Up $57,814 (+69%) from 2024

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$4.0M$3.0M$2.0M$1.0M$0Assets 2011: $1,180,799Liabilities 2011: $11,917Net Assets 2011: $1,168,8822011Assets 2012: $1,257,373Liabilities 2012: $1,000Net Assets 2012: $1,256,3732012Assets 2013: $1,520,803Liabilities 2013: $0Net Assets 2013: $1,520,8032013Assets 2014: $2,318,993Liabilities 2014: $0Net Assets 2014: $2,318,9932014Assets 2015: $2,368,585Liabilities 2015: $2,250Net Assets 2015: $2,366,3352015Assets 2016: $2,915,471Liabilities 2016: $2,125Net Assets 2016: $2,913,3462016Assets 2017: $3,163,763Liabilities 2017: $17,762Net Assets 2017: $3,146,0012017Assets 2018: $3,142,317Liabilities 2018: $34,907Net Assets 2018: $3,107,4102018Assets 2019: $3,158,566Liabilities 2019: $38,026Net Assets 2019: $3,120,5402019Assets 2020: $3,074,953Liabilities 2020: $0Net Assets 2020: $3,074,9532020Assets 2021: $3,594,458Liabilities 2021: $0Net Assets 2021: $3,594,4582021Assets 2022: $3,324,127Liabilities 2022: $20,379Net Assets 2022: $3,303,7482022Assets 2023: $3,499,172Liabilities 2023: $0Net Assets 2023: $3,499,1722023Assets 2024: $3,678,509Liabilities 2024: $16,339Net Assets 2024: $3,662,1702024Assets 2025: $3,817,599Liabilities 2025: $14,189Net Assets 2025: $3,803,4102025

Highlighted filing

2025

Assets$3,817,599
Liabilities$14,189
Net Assets$3,803,410

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.5M$1.0M$500K$0-$500KRevenue 2011: $420,723Expenses 2011: $263,120Net Income 2011: $157,6032011Revenue 2012: $360,256Expenses 2012: $269,399Net Income 2012: $90,8572012Revenue 2013: $619,677Expenses 2013: $391,520Net Income 2013: $228,1572013Revenue 2014: $1,091,119Expenses 2014: $404,002Net Income 2014: $687,1172014Revenue 2015: $600,714Expenses 2015: $555,759Net Income 2015: $44,9552015Revenue 2016: $1,034,663Expenses 2016: $454,476Net Income 2016: $580,1872016Revenue 2017: $732,734Expenses 2017: $663,002Net Income 2017: $69,7322017Revenue 2018: $418,457Expenses 2018: $561,429Net Income 2018: -$142,9722018Revenue 2019: $254,775Expenses 2019: $401,579Net Income 2019: -$146,8042019Revenue 2020: $365,019Expenses 2020: $332,881Net Income 2020: $32,1382020Revenue 2021: $377,267Expenses 2021: $331,119Net Income 2021: $46,1482021Revenue 2022: $246,969Expenses 2022: $285,365Net Income 2022: -$38,3962022Revenue 2023: $562,128Expenses 2023: $304,142Net Income 2023: $257,9862023Revenue 2024: $446,191Expenses 2024: $362,764Net Income 2024: $83,4272024Revenue 2025: $506,050Expenses 2025: $364,809Net Income 2025: $141,2412025

Highlighted filing

2025

Revenue$506,050
Expenses$364,809
Net Income$141,241

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.82$0.01$3.80$0.51$0.36$0.14
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.68$0.02$3.66$0.45$0.36$0.08
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.50$0.00$3.50$0.56$0.30$0.26
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.32$0.02$3.30$0.25$0.29$0.04
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.59$0.00$3.59$0.38$0.33$0.05
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.07$0.00$3.07$0.37$0.33$0.03
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.16$0.04$3.12$0.25$0.40$0.15
2018Summary only. Only limited summary data is available for this year.$3.14$0.03$3.11$0.42$0.56$0.14
2017Summary only. Only limited summary data is available for this year.$3.16$0.02$3.15$0.73$0.66$0.07
2016Summary only. Only limited summary data is available for this year.$2.92$0.00$2.91$1.03$0.45$0.58
2015Summary only. Only limited summary data is available for this year.$2.37$0.00$2.37$0.60$0.56$0.04
2014Summary only. Only limited summary data is available for this year.$2.32$0.00$2.32$1.09$0.40$0.69
2013Summary only. Only limited summary data is available for this year.$1.52$0.00$1.52$0.62$0.39$0.23
2012Summary only. Only limited summary data is available for this year.$1.26$0.00$1.26$0.36$0.27$0.09
2011Summary only. Only limited summary data is available for this year.$1.18$0.01$1.17$0.42$0.26$0.16
Latest Detailed Filing

The latest 2025 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2022 below.

Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Mar 27, 2023
Return Version
2021v4.2
Gross Receipts
$397,079
Mission and Program Overview

Mission

Promote inver hills community college by identifying community needs, building partnerships with area high schools, businesses, community organizations, and government agencies. We build capacity by securing financial and other resources that further the mission of the college. We assist students, faculty, and staff seeking educational excellence.

Cultivate resources to help students start their journey, stay the course, and succeed in life.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$1,361,366$1,284,854▼ $76,512
Investments in Publicly Traded Securities$1,354,637$1,185,681▼ $168,956
Savings and Temporary Cash Investments-$624,567-
Cash and Non-Interest-Bearing Accounts$826,149$217,025▼ $609,124
Accounts Receivable$35,402--
Pledges and Grants Receivable$16,904$12,000▼ $4,904
Total Assets$3,594,458$3,324,127▼ $270,331
Liabilities
Accounts Payable and Accrued Expenses-$20,379-
Total Liabilities$0$20,379▲ $20,379
Net Assets / Fund Balance
Net Assets With Donor Restrictions$3,296,478$3,048,745▼ $247,733
Net Assets Without Donor Restrictions$297,980$255,003▼ $42,977
Total Net Assets Fund Balance$3,594,458$3,303,748▼ $290,710
Total Liabilities and Net Assets / Fund Balance$3,594,458$3,324,127▼ $270,331

Asset Categories

AssetBook ValueDepreciationBasis
Other Securities$1,284,854--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2022$2,726,698$9,452▼ $167,550-$2,506,001
2021$2,233,134$25,000▲ $538,289-$2,726,698
2020$2,317,141$7,893▼ $15,560-$2,233,164
2019$2,214,750$58,493▲ $112,360-$2,317,141
2018$2,164,001$7,904▲ $108,219-$2,214,750
Compensation and Service Providers

Employees

NameTitleFull / Part TimeOtherTotal
Kimberly ShaffExecutive DirectorPT$117,653$117,653

Board Members and Trustees

NameTitle
Jake SedlacekChair
Angela AmannVice Chair
Aaron LundquistDirector
Mark SkarohlidDirector
Morris AllenDirector
Peggy JohnsonDirector
Scott ArmitageDirector
Sonja SimpsonDirector
Steve DoodyDirector
Susan LongDirector
Gerry ThomasTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$183,089
Program Service Revenue
$0
Investment Income
$67,479
Other Revenue
$-3,599
All Other Contributions
$148,179
Change in Net Assets
$-38,396

Audited Revenue Reconciliation

Revenue per Audited Statements
$227,320
Revenue Not Reported on Financial Statements
$19,649
Revenue Not Reported on Form 990
$-88,493
Total Revenue per Audited Statements
$138,827
Total Revenue per Form 990
$246,969
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$249,024
Other Expenses$36,341
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$244,771--$244,771
Fees for Service Investment Mgmnt Fees-$19,649-$19,649
Fees for Services Accounting-$14,797-$14,797
Grants to Domestic Orgs$4,253--$4,253
Conferences and Meetings-$72-$72
Other Expenses$775$11-$11
Total Functional Expenses$249,799$35,566$0$285,365

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$429,537
Total Expenses per Form 990$285,365
Expenses per Audited Statements$265,716
Expenses Not Reported on Form 990$163,821
Expenses Not Reported on Financial Statements$19,649
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$5,472
Fundraising Gross Income$1,873
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Gala$36,783$1,873$1,725$148
Total Events$36,783$1,873$5,472$-3,599
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 1A

The development committee has the responsibility to assist in raising non-grant funds to support the organization's mission. They are responsible for: developing a realistic fundraising plan alongside the executive director and developing relationships and fostering a positive image of the organization within the community.

Form 990, Part VI, Section B, Line 11B

The foundation's board reviews the form 990 prior to it being signed and filed yearly.

Form 990, Part VI, Section B, Line 12C

Each board member is required to complete a conflict of interest policy annual statement. These statements are reviewed by the foundation's executive director and any possible conflicts are discussed with the board chair. The policy covers the process to address any conflict of interest identified and the process to deal with any violations of the policy. This policy is monitored by all foundation staff and board members. If there is a vote before the board and a voting member has a conflict of interest regarding the outcome of the vote, they will recuse themselves for the vote.

Form 990, Part VI, Section B, Line 15

The executive director is employed and paid by the inver hills community college. The executive director's compensation is determined according to the personnel practices of inver hills community college and the minnesota state colleges and universities system. Last reviewed in 2021. No other officers or key employees receive compensation from the foundation.

Form 990, Part VI, Section C, Line 19

The governing documents, conflict of interest policy and financial statements are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Inver Hills Community College Foundation
EIN
41-1410445
Phone
6514503512
Address
2500 80TH STREET EAST, INVER GROVE HEIGHTS, MN 55076

Signing Officer

Name
Kimberly Shaff
Title
Foundation Executive Director
Phone
6514503512
Signed
2023-03-27
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kimberly Shaff
Formed
1978
Legal Domicile
Mn
Voting Board Members
11
Independent Board Members
11
Employees
0
Volunteers
16

Preparer

Firm
Sdk CPA
Address
100 WASHINGTON AVE S STE 1600, MINNEAPOLIS, MN 55401
Preparer
Teresa Mcalpine CPA
Phone
6123325500
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Uncollectible pledges -9,069.

Financial Statement Notes

PART V, LINE 4:

The earnings generated by the endowment funds are intended to fund various types of scholarships for the students of inver hills community college and other educational institutions.

PART X, LINE 2:

The foundation is exempt from income taxes as a public charity under section 501(c)(3) of the internal revenue code and applicable state statutes. Accounting principles generally accepted in the united states of america require management to evaluate tax positions taken by the foundation and recognize a tax liability if the foundation has taken an uncertain position that more likely than not would not be sustained upon examination by taxing authorities. Management evaluated the foundation's tax positions and concluded that the foundation had taken no uncertain tax positions that require adjustment to the financial statements to comply with the provisions of this guidance.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Uncollectible pledges 9,069.

Raw XML AppendixShowing 400 of 527 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt020379
IRS990/AccountsReceivableGrp/BOYAmt035402
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0CULTIVATE RESOURCES TO HELP STUDENTS START THEIR JOURNEY, STAY THE COURSE, AND SUCCEED IN LIFE.
IRS990/AllOtherContributionsAmt0148179
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BooksInCareOfDetail/PersonNm0KIMBERLY SHAFF
IRS990/BooksInCareOfDetail/PhoneNum06514503512
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt02500 80TH STREET EAST
IRS990/BooksInCareOfDetail/USAddress/CityNm0INVER GROVE HEIGHTS
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MN
IRS990/BooksInCareOfDetail/USAddress/ZIPCd055076
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0826149
IRS990/CashNonInterestBearingGrp/EOYAmt0217025
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt072
IRS990/ConferencesMeetingsGrp/TotalAmt072
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContriRptFundraisingEventAmt034910
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0183089
IRS990/CYGrantsAndSimilarPaidAmt0249024
IRS990/CYInvestmentIncomeAmt067479
IRS990/CYOtherExpensesAmt036341
IRS990/CYOtherRevenueAmt0-3599
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0-38396
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0285365
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0246969
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0SCHOLARSHIP AND PROGRAMMATIC SUPPORT: DURING THE YEAR THE FOUNDATION FUNDED SCHOLARSHIPS, EMERGENCY GRANTS, AND MANY PROGRAMMATIC AREAS FOR THE COLLEGE. THE SCHOLARSHIP FUNDS SUPPORT STUDENTS PURSUING BOTH A GENERAL EDUCATION FOR THE TRANSFER PURPOSES AND SPECIFIC ACADEMIC AREAS. THE SCHOLARSHIP CRITERIA SUPPORT DIFFERENT GOALS. SOME ARE USED TO ENCOURAGE STUDENTS TO PURSUE CERTAIN COURSES OF STUDY WHILE OTHERS ARE INTENDED TO PROVIDE AN INCENTIVE FOR STUDENTS TO PERSIST IN PURSUIT OF ACCOMPLISHING THEIR EDUCATIONAL GOALS. SCHOLARSHIPS ARE AWARDED ON THE BASIS OF ACADEMIC MERIT, CAREER GOALS, RECOMMENDATIONS, AND FINANCIAL NEEDS. PROGRAMMATIC FUNDS ARE USED TO SUPPORT NEEDS WITHIN THE COLLEGE TO FURTHER EDUCATIONAL OPPORTUNITIES.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt03296478
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt03048745
IRS990/DonorRstrOrQuasiEndowmentsInd01
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0249799
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt014797
IRS990/FeesForServicesAccountingGrp/TotalAmt014797
IRS990/FeesForSrvcInvstMgmntFeesGrp/ManagementAndGeneralAmt019649
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt019649
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt020.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt101.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1120.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1128818
IRS990/Form990PartVIISectionAGrp/PersonNm0JAKE SEDLACEK
IRS990/Form990PartVIISectionAGrp/PersonNm1ANGELA AMANN
IRS990/Form990PartVIISectionAGrp/PersonNm2MORRIS ALLEN
IRS990/Form990PartVIISectionAGrp/PersonNm3SCOTT ARMITAGE
IRS990/Form990PartVIISectionAGrp/PersonNm4STEVE DOODY
IRS990/Form990PartVIISectionAGrp/PersonNm5SUSAN LONG
IRS990/Form990PartVIISectionAGrp/PersonNm6AARON LUNDQUIST
IRS990/Form990PartVIISectionAGrp/PersonNm7PEGGY JOHNSON
IRS990/Form990PartVIISectionAGrp/PersonNm8MARK SKAROHLID
IRS990/Form990PartVIISectionAGrp/PersonNm9SONJA SIMPSON
IRS990/Form990PartVIISectionAGrp/PersonNm10GERRY THOMAS
IRS990/Form990PartVIISectionAGrp/PersonNm11KIMBERLY SHAFF
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt1188835
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt11EXECUTIVE DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01978
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingAmt034910
IRS990/FundraisingDirectExpensesAmt05472
IRS990/FundraisingGrossIncomeAmt01873
IRS990/GainOrLossGrp/SecuritiesAmt038747
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt011
IRS990/GrantAmt0249024
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt0244771
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt0244771
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt04253
IRS990/GrantsToDomesticOrgsGrp/TotalAmt04253
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt0183385
IRS990/GrossReceiptsAmt0397079
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt011
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InvestmentIncomeGrp/ExclusionAmt028732
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt028732
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt01361366
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt01284854
IRS990/InvestmentsPubTradedSecGrp/BOYAmt01354637
IRS990/InvestmentsPubTradedSecGrp/EOYAmt01185681
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0MN
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0144638
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0SEE SCHEDULE O. THE INVER HILLS COMMUNITY COLLEGE FOUNDATION PROMOTES INVER HILLS COMMUNITY COLLEGE BY BUILDING PARTNERSHIPS WITH AREA HIGH SCHOOLS, BUSINESSES, COMMUNITY ORGANIZATIONS AND GOVERNMENT AGENCIES. WE BUILD CAPACITY BY SECURING FINANCIAL AND OTHER RESOURCES THAT FURTHER THE MISSION OF THE COLLEGE. WE ASSIST STUDENTS, FACULTY AND STAFF SEEKING EDUCATIONAL EXCELLANCE.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt03594458
IRS990/NetAssetsOrFundBalancesEOYAmt03303748
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt038747
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt038747
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0-3599
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0-3599
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-243245
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0297980
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0255003
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt0-9069
IRS990/OtherExpensesGrp/Desc0MISCELLANEOUS
IRS990/OtherExpensesGrp/Desc1PROGRAM
IRS990/OtherExpensesGrp/Desc2SUPPLIES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt01037
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt111
IRS990/OtherExpensesGrp/ProgramServicesAmt0775
IRS990/OtherExpensesGrp/TotalAmt01037
IRS990/OtherExpensesGrp/TotalAmt1775
IRS990/OtherExpensesGrp/TotalAmt211
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt016904
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt012000
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0KIMBERLY SHAFF
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0306277
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0296831
IRS990/PYInvestmentIncomeAmt072694
IRS990/PYOtherExpensesAmt034288
IRS990/PYOtherRevenueAmt0-1704
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt046148
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0331119
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0377267
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-38396
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0624567
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0183089
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0306277
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0273568
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0181313
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0367138
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01311385
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearAmt0154752
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus1YearAmt0166889
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus3YearsAmt0190153
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus4YearsAmt0283182
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt0794976
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt028732
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt047689
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt065365
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt049098
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt059627
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0250511
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt0500
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt06639
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt020174
IRS990ScheduleA/OtherIncome170Grp/TotalAmt027313
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.86810
IRS990ScheduleA/PublicSupportPY170Pct00.75820
IRS990ScheduleA/PublicSupportTotal170Amt02069729
IRS990ScheduleA/SubstantialContributorsTotAmt036632
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0337841
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0473166
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0273568
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0371466
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0650320
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02106361
IRS990ScheduleA/TotalSupportAmt02384185
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/CYEndwmtFundGrp/AdministrativeExpensesAmt019649
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt02726698
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt09452
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt02506001
IRS990ScheduleD/CYEndwmtFundGrp/GrantsOrScholarshipsAmt042950
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-167550
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/AdministrativeExpensesAmt017490
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt02233134
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt025000
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt02726698
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/GrantsOrScholarshipsAmt052235
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0538289
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/AdministrativeExpensesAmt032114
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt02317141
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt07893
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt02233164
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/GrantsOrScholarshipsAmt044196
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-15560
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt02214750
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt058493
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt02317141
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/GrantsOrScholarshipsAmt068462
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0112360
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/AdministrativeExpensesAmt015707
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt02164001
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt07904
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt02214750
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/GrantsOrScholarshipsAmt049667
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0108219
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt0154752
IRS990ScheduleD/DonatedServicesUseFcltsAmt0154752
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd01
IRS990ScheduleD/ExpensesNotReportedAmt0163821
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt019649
IRS990ScheduleD/ExpensesSubtotalAmt0265716
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InvestmentExpensesNotIncld2Amt019649
IRS990ScheduleD/InvestmentExpensesNotIncldAmt019649
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-243245
IRS990ScheduleD/OtherExpensesIncludedAmt09069
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt01284854
IRS990ScheduleD/OtherSecuritiesGrp/Desc0BENEFICIAL INTEREST IN ASSETS HELD BY OTHERS
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.83400
IRS990ScheduleD/RevenueNotReportedAmt0-88493
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt019649
IRS990ScheduleD/RevenueSubtotalAmt0227320
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE EARNINGS GENERATED BY THE ENDOWMENT FUNDS ARE INTENDED TO FUND VARIOUS TYPES OF SCHOLARSHIPS FOR THE STUDENTS OF INVER HILLS COMMUNITY COLLEGE AND OTHER EDUCATIONAL INSTITUTIONS.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1THE FOUNDATION IS EXEMPT FROM INCOME TAXES AS A PUBLIC CHARITY UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND APPLICABLE STATE STATUTES. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE FOUNDATION AND RECOGNIZE A TAX LIABILITY IF THE FOUNDATION HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. MANAGEMENT EVALUATED THE FOUNDATION'S TAX POSITIONS AND CONCLUDED THAT THE FOUNDATION HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THIS GUIDANCE.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2UNCOLLECTIBLE PLEDGES 9,069.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART V, LINE 4:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TermEndowmentBalanceEOYPct00.16600
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalBookValueSecuritiesAmt01284854
IRS990ScheduleD/TotalExpensesPerForm990Amt0285365
IRS990ScheduleD/TotalRevenuePerForm990Amt0246969
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0138827
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0429537
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt034910
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt034910
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt05472
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0GALA
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt036783
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt036783
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt01873
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt01873
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0-3599
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt01725
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt01725
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt03747
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt03747
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt0233467
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt111034
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0SCHOLARSHIPS TO STUDENTS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt1EMERGENCY GRANT ASSISTANCE TO STUDENTS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt0282
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt116
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0GRANTS TO THE COLLEGE ARE MONITORED THROUGH PERIODIC FINANCIAL REPORTS PREPARED INTERNALLY AND BY THE SUBMISSION OF FORMAL REPORTS TO DONOR ORGANIZATIONS. THE AWARDING OF EMERGENCY GRANTS IS MONITORED THROUGH A FORMAL ON-LINE APPLICATION WHICH IS APPROVED BY COLLEGE COUNSELING STAFF. IN THE CASE OF SCHOLARSHIPS, STUDENTS MUST COMPLETE A FORMAL APPLICATION FROM WHICH IS REVIEWED BY THE SCHOOL'S SCHOLARSHIP COMMITTEE. DURING THE SCHOOL YEAR, RECIPIENTS ARE RECOGNIZED AT A FORMAL CEREMONY. TUITION MATCH MN IS MONITORED BY THE PROGRAM MANAGER WHICH IS ABLE TO ENROLL THE NUMBER OF STUDENTS THAT ARE COVERED BY PRIVATE FUNDS. THE NAMES OF THE STUDENTS AND THE AMOUNTS GRANTED ARE TRACKED.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE DEVELOPMENT COMMITTEE HAS THE RESPONSIBILITY TO ASSIST IN RAISING NON-GRANT FUNDS TO SUPPORT THE ORGANIZATION'S MISSION. THEY ARE RESPONSIBLE FOR: DEVELOPING A REALISTIC FUNDRAISING PLAN ALONGSIDE THE EXECUTIVE DIRECTOR AND DEVELOPING RELATIONSHIPS AND FOSTERING A POSITIVE IMAGE OF THE ORGANIZATION WITHIN THE COMMUNITY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE FOUNDATION'S BOARD REVIEWS THE FORM 990 PRIOR TO IT BEING SIGNED AND FILED YEARLY.

Document Assets

No mirrored PDF or thumbnail assets are attached yet.