Civic Intelligence

Faribault Foundation Inc

EIN 41-1931735 • 501(c)3 • Faribault, MN

Profile

To develop, manage, and administer financial resources to promote and enhance the quality of life for the greater faribault community.

530 Wilson AvenueFaribault, MN 55021

faribaultfoundation.org

Siviq Scores

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

Liabilities / Assets

43rd percentile

0.03x

Higher debt load relative to assets than 43% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

43rd percentile

0.05x

Higher debt load relative to revenue than 43% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

97th percentile

84%

Higher net margin than 97% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

98th percentile

198%

Faster asset growth than 98% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

93rd percentile

117%

Faster revenue growth than 93% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Up

$3,371,360

Up $2,239,224 (+198%) from 2023

Liabilities

Up

$116,517

Up $113,614 (+3914%) from 2023

Net Assets

Up

$3,254,843

Up $2,125,610 (+188%) from 2023

Revenue

Up

$2,455,904

Up $1,326,455 (+117%) from 2023

Expenses

Up

$381,312

Up $244,794 (+179%) from 2023

Net Income

Up

$2,074,592

Up $1,081,661 (+109%) from 2023

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 2023: $1,132,136Liabilities 2023: $2,903Net Assets 2023: $1,129,2332023Assets 2024: $3,371,360Liabilities 2024: $116,517Net Assets 2024: $3,254,8432024

Highlighted filing

2024

Assets$3,371,360
Liabilities$116,517
Net Assets$3,254,843

Operations Trend

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

$3.0M$2.0M$1.0M$0Revenue 2023: $1,129,449Expenses 2023: $136,518Net Income 2023: $992,9312023Revenue 2024: $2,455,904Expenses 2024: $381,312Net Income 2024: $2,074,5922024

Highlighted filing

2024

Revenue$2,455,904
Expenses$381,312
Net Income$2,074,592

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Jun 24, 2025
Return Version
2024v5.2
Gross Receipts
$2,818,414
Mission and Program Overview

Mission

The faribault foundation is on a mission to impove the quaility of life in faribault through the generosity of donors. To accomplish this mission we are growing our community foundation, and grants will be focused in the faribault community. Making an impact for our non profits and enhacing our communities programs. Currently our most significant activity is trying to grow our assets under management and educate the community on what a foundation does and how it can help the entire community.

Improve the quality of life in faribault through the generosity of donors

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$455,929$2,758,396▲ $2,302,467
Savings and Temporary Cash Investments$59,272$346,195▲ $286,923
Pledges and Grants Receivable$222,454$181,888▼ $40,566
Cash and Non-Interest-Bearing Accounts$394,481$76,608▼ $317,873
Prepaid Expenses and Deferred Charges-$5,179-
Land, Buildings, and Equipment, Net$0$2,937▲ $2,937
Accounts Receivable-$157-
Total Assets$1,132,136$3,371,360▲ $2,239,224
Liabilities
Other Liabilities$0$107,503▲ $107,503
Accounts Payable and Accrued Expenses$2,903$9,014▲ $6,111
Total Liabilities$2,903$116,517▲ $113,614
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$906,779$3,072,955▲ $2,166,176
Net Assets With Donor Restrictions$222,454$181,888▼ $40,566
Total Net Assets Fund Balance$1,129,233$3,254,843▲ $2,125,610
Total Liabilities and Net Assets / Fund Balance$1,132,136$3,371,360▲ $2,239,224

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$2,937-$2,937

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$267,240$329,970▲ $33,296-$629,506
2023-$262,116▲ $10,124-$267,240
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Laura BockExecutive DirectorFT$83,624$2,166$85,790

Board Members and Trustees

NameTitle
Chad KoepkePresident
Christine Shaffer-brownVice President
Chad WolffDirector
Dr Sarah BeckmannDirector
Jeff JandroDirector
Ken HubertDirector
Patricia GustafsonDirector
Dr Michael RichieSecretary
Todd MarkmanTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$2,367,359
Program Service Revenue
$18,207
Investment Income
$70,338
Other Revenue
$0
All Other Contributions
$2,367,359
Change in Net Assets
$2,074,592

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded2$55,205Fair Market Value (FMV)
Total Noncash Contributions2$55,205-

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,443,424
Revenue Not Reported on Financial Statements
$12,480
Revenue Not Reported on Form 990
$51,018
Total Revenue per Audited Statements
$2,494,442
Total Revenue per Form 990
$2,455,904
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$141,365
Other Expenses$121,868
Salaries, Compensation, and Employee Benefits$118,079
Total Fundraising Expense$58,374
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$140,365--$140,365
Current Officers, Directors, Trustees, and Key Employees$28,311$29,168$28,311$85,790
Fees for Services Accounting$4,502$18,600$4,503$27,605
Fees for Services Other$13,550-$13,550$27,100
Other Salaries and Wages$6,393$6,588$6,393$19,374
Office Expenses$333$18,398$318$19,049
Fees for Service Investment Mgmnt Fees-$12,480-$12,480
Occupancy-$12,009-$12,009
Payroll Taxes$3,014$3,106$3,014$9,134
Information Technology$389$5,703$389$6,481
Other Employee Benefits$1,228$1,265$1,228$3,721
Insurance-$2,471-$2,471
All Other Expenses$417$647$283$1,347
Grants to Domestic Individuals$1,000--$1,000
Other Expenses$219$194$212$625
Conferences and Meetings$96$148$65$309
Advertising$9$21$88$118
Pension Plan Contributions$20$20$20$60
Total Functional Expenses$210,147$112,791$58,374$381,312

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$381,312
Expenses per Audited Statements$368,832
Total Expenses per Audited Statements$368,832
Expenses Not Reported on Financial Statements$12,480
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Healthfinders Collaborative IncFaribault, MN501(c)(3)General Operating Support$30,000
Divine Mercy Catholic ChurchFaribault, MN501(c)(3)Kitchen Fund/dedication of Commons$25,000
Bethlehem AcademyFaribault, MN501(c)(3)Babs Night Support/annual Fund$12,000
RUTH'S HOUSEFaribault, MN501(c)(3)General Operating Support$11,000
River Bend Nature CenterFaribault, MN501(c)(3)General Operating Support$10,000
Grace Lutheran ChurchAndover, MN501(c)(3)General Operating Support$7,000
Community Action CenterFaribault, MN501(c)(3)General Operating Support$6,372
FateFaribault, MN501(c)(3)General Operating Support$6,000
Our Saviors Lutheran ChurchFaribault, MN-General Operating Support$6,000
Paradise Center for the ArtsFaribault, MN-General Operating Support$5,500
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Funds Held for Others$107,503
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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 2

Todd markman, treasurer and chad wolff, director - business relationship

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

Form 990 is reviewed by the board of directors prior to filing with the irs.

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

The conflict of interest policy is reviewed with every new advisory committee member, investment committee member or board of director member as they join us, and annually in january, the policy is reviewed with everyone and is required to be signed and any conflicts disclosed.

Form 990, Part VI, Section B, Line 15

Compensation was established based on a range for foundation executive directors, but also the board's knowledge of local markets, experience gained from our executive director search, and the quality of our candidate.

Form 990, Part VI, Section C, Line 19

The governing documents, conflict of interest policy, and financial statements are made available upon request for the same period of disclosure as set forth in section 6104(d).

Filing and Contact Details

Filer

Filer Name
Faribault Foundation Inc
EIN
41-1931735
Phone
5078058800
Address
530 WILSON AVENUE, FARIBAULT, MN 55021

Signing Officer

Name
Laura Bock
Title
Executive Director
Phone
5078058800
Signed
2025-06-24
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Laura Bock
Formed
1999
Legal Domicile
Mn
Voting Board Members
9
Independent Board Members
9
Employees
2
Volunteers
20

Preparer

Firm
Creative Planning Tax LLC
Address
100 E PARK AVE STE 300, WATERLOO, IA 50703
Preparer
Michelle Hekel CPA
Phone
3192346885
Supplemental Narrative

Financial Statement Notes

PART V, LINE 4:

The foundation's quasi endowments consist of various funds established to provide income to meet the foundation's annual operating needs and to provide funds for ongoing support to the faribault community.

Raw XML AppendixShowing 400 of 592 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/BOYAmt02903
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt09014
IRS990/AccountsReceivableGrp/EOYAmt0157
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0IMPROVE THE QUALITY OF LIFE IN FARIBAULT THROUGH THE GENEROSITY OF DONORS
IRS990/AdvertisingGrp/FundraisingAmt088
IRS990/AdvertisingGrp/ManagementAndGeneralAmt021
IRS990/AdvertisingGrp/ProgramServicesAmt09
IRS990/AdvertisingGrp/TotalAmt0118
IRS990/AllOtherContributionsAmt02367359
IRS990/AllOtherExpensesGrp/FundraisingAmt0283
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt0647
IRS990/AllOtherExpensesGrp/ProgramServicesAmt0417
IRS990/AllOtherExpensesGrp/TotalAmt01347
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0LAURA BLOCK
IRS990/BooksInCareOfDetail/PhoneNum05078058800
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0530 WILSON AVENUE
IRS990/BooksInCareOfDetail/USAddress/CityNm0FARIBAULT
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MN
IRS990/BooksInCareOfDetail/USAddress/ZIPCd055021
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0394481
IRS990/CashNonInterestBearingGrp/EOYAmt076608
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt028311
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt029168
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt028311
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt085790
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConferencesMeetingsGrp/FundraisingAmt065
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt0148
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt096
IRS990/ConferencesMeetingsGrp/TotalAmt0309
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt02367359
IRS990/CYGrantsAndSimilarPaidAmt0141365
IRS990/CYInvestmentIncomeAmt070338
IRS990/CYOtherExpensesAmt0121868
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt018207
IRS990/CYRevenuesLessExpensesAmt02074592
IRS990/CYSalariesCompEmpBnftPaidAmt0118079
IRS990/CYTotalExpensesAmt0381312
IRS990/CYTotalFundraisingExpenseAmt058374
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt02455904
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd01
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0FUND ADVISOR SERVICES: THE FARIBAULT FOUNDATION IS DONOR CENTERED, PROVIDING OUR DONOR ADVISED FUNDS (DAF) FUND ADVISORS A MENU OF OPTIONS FOR MAKING GRANT REQUESTS TO THEIR FAVORITE NONPROFITS. FARIBAULT FOUNDATION OFFERS A DONOR PORTAL, WHERE FUND ADVISORS CAN REQUEST GRANTS IN THE SITE. FUND ADVISORS WHO ARE NOT COMFORTABLE WITH TECHNOLOGY CAN SEND AN EMAIL, TEXT, PHONE CALL OR SIMPLY STOP BY THE OFFICE TO GET A GRANT REQUEST STARTED FROM THEIR DAF. OUR EXECUTIVE DIRECTOR IS ON HAND TO PROCESS GRANT REQUESTS FOR FUND ADVISORS IN AN EFFICIENT AND TIMELY MANNER, FOLLOWING OUR DONOR ADVISED FUND GUIDELINES AND ACTIVITY POLICY FOR GRANTMAKING FROM A DAF. DONOR ADVISED FUNDS' INVESTMENTS ARE REVIEWED BY FARIBAULT FOUNDATION INVESTMENT COMMITTEE AND THE BOARD OF DIRECTORS. FUND HOLDER STATEMENTS ARE SENT QUARTERLY.WOMEN WHO CARE/MEN ON A MISSION: PROGRAMING INCLUDES LOCAL PHILANTHROPIST AWARDING GRANTS TO LOCAL NONPROFITS THROUGH THE PROCESS OF IN-PERSON NOMINATION AND VOTING. THIS POPULAR PROGRAM HAS ALLOWED THE FARIBAULT FOUNDATION TO ENGAGE PHILANTHROPISTS LARGE AND SMALL. THROUGH 100 WOMEN WHO CARE OR 100 MEN ON A MISSION, DONORS CAN BE A PART OF GRANTING SIZABLE GRANTS THAT START FROM EVERYONE'S $100 DONATION.COMMUNITY MICROGRANTS: SUPPORTS IMPORTANT PROGRAMS AND ACTIVITIES HAPPENING IN OUR COMMUNITY. THROUGH A SIMPLE GRANT APPLICATION PROCESS, LOCAL NONPROFITS DESCRIBE THEIR PROGRAMS AND ACTIVITIES THAT IMPROVE THE QUALITY OF LIFE FOR FARIBAULT CITIZENS. REQUESTS ARE FOR GRANTS OF $500-$1000. GRANT REPORTS ARE REQUIRED TO KEEP THE FARIBAULT FOUNDATION UP TO DATE ON THE SUCCESS OF THE PROGRAMS AND ACTIVITIES.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd01
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt0222454
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt0181888
IRS990/DonorRstrOrQuasiEndowmentsInd01
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt02
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0210147
IRS990/FamilyOrBusinessRlnInd01
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/FundraisingAmt04503
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt018600
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt04502
IRS990/FeesForServicesAccountingGrp/TotalAmt027605
IRS990/FeesForServicesOtherGrp/FundraisingAmt013550
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt013550
IRS990/FeesForServicesOtherGrp/TotalAmt027100
IRS990/FeesForSrvcInvstMgmntFeesGrp/ManagementAndGeneralAmt012480
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt012480
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
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/AverageHoursPerWeekRt940.00
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/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
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/OtherCompensationAmt92166
IRS990/Form990PartVIISectionAGrp/PersonNm0CHAD KOEPKE
IRS990/Form990PartVIISectionAGrp/PersonNm1CHRISTINE SHAFFER-BROWN
IRS990/Form990PartVIISectionAGrp/PersonNm2TODD MARKMAN
IRS990/Form990PartVIISectionAGrp/PersonNm3DR MICHAEL RICHIE
IRS990/Form990PartVIISectionAGrp/PersonNm4PATRICIA GUSTAFSON
IRS990/Form990PartVIISectionAGrp/PersonNm5CHAD WOLFF
IRS990/Form990PartVIISectionAGrp/PersonNm6JEFF JANDRO
IRS990/Form990PartVIISectionAGrp/PersonNm7KEN HUBERT
IRS990/Form990PartVIISectionAGrp/PersonNm8DR SARAH BECKMANN
IRS990/Form990PartVIISectionAGrp/PersonNm9LAURA BOCK
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/ReportableCompFromOrgAmt983624
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/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9EXECUTIVE DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01999
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/SecuritiesAmt019510
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GrantAmt0141365
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt01000
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt01000
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0140365
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0140365
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt0382020
IRS990/GrossReceiptsAmt02818414
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt09
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/FundraisingAmt0389
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt05703
IRS990/InformationTechnologyGrp/ProgramServicesAmt0389
IRS990/InformationTechnologyGrp/TotalAmt06481
IRS990/InsuranceGrp/ManagementAndGeneralAmt02471
IRS990/InsuranceGrp/TotalAmt02471
IRS990/InvestmentIncomeGrp/ExclusionAmt050828
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt050828
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt0455929
IRS990/InvestmentsPubTradedSecGrp/EOYAmt02758396
IRS990/IRPDocumentCnt04
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt00
IRS990/LandBldgEquipBasisNetGrp/BOYAmt00
IRS990/LandBldgEquipBasisNetGrp/EOYAmt02937
IRS990/LandBldgEquipCostOrOtherBssAmt02937
IRS990/LegalDomicileStateCd0MN
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0362510
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE FARIBAULT FOUNDATION IS ON A MISSION TO IMPOVE THE QUAILITY OF LIFE IN FARIBAULT THROUGH THE GENEROSITY OF DONORS. TO ACCOMPLISH THIS MISSION WE ARE GROWING OUR COMMUNITY FOUNDATION, AND GRANTS WILL BE FOCUSED IN THE FARIBAULT COMMUNITY. MAKING AN IMPACT FOR OUR NON PROFITS AND ENHACING OUR COMMUNITIES PROGRAMS. CURRENTLY OUR MOST SIGNIFICANT ACTIVITY IS TRYING TO GROW OUR ASSETS UNDER MANAGEMENT AND EDUCATE THE COMMUNITY ON WHAT A FOUNDATION DOES AND HOW IT CAN HELP THE ENTIRE COMMUNITY.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt01129233
IRS990/NetAssetsOrFundBalancesEOYAmt03254843
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt019510
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt019510
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt051018
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0906779
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt03072955
IRS990/NoncashContributionsAmt055205
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt012009
IRS990/OccupancyGrp/TotalAmt012009
IRS990/OfficeExpensesGrp/FundraisingAmt0318
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt018398
IRS990/OfficeExpensesGrp/ProgramServicesAmt0333
IRS990/OfficeExpensesGrp/TotalAmt019049
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt01228
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt01265
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt01228
IRS990/OtherEmployeeBenefitsGrp/TotalAmt03721
IRS990/OtherExpensesGrp/Desc0SPECIAL EVENTS AND PROJ
IRS990/OtherExpensesGrp/Desc1DUES AND SUBSCRIPTIONS
IRS990/OtherExpensesGrp/Desc2REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/FundraisingAmt0212
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt01973
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1194
IRS990/OtherExpensesGrp/ProgramServicesAmt010301
IRS990/OtherExpensesGrp/ProgramServicesAmt1219
IRS990/OtherExpensesGrp/TotalAmt010301
IRS990/OtherExpensesGrp/TotalAmt11973
IRS990/OtherExpensesGrp/TotalAmt2625
IRS990/OtherLiabilitiesGrp/BOYAmt00
IRS990/OtherLiabilitiesGrp/EOYAmt0107503
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt06393
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt06588
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt06393
IRS990/OtherSalariesAndWagesGrp/TotalAmt019374
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt03014
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt03106
IRS990/PayrollTaxesGrp/ProgramServicesAmt03014
IRS990/PayrollTaxesGrp/TotalAmt09134
IRS990/PensionPlanContributionsGrp/FundraisingAmt020
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt020
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt020
IRS990/PensionPlanContributionsGrp/TotalAmt060
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0222454
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0181888
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt05179
IRS990/PrincipalOfficerNm0LAURA BOCK
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0SERVICE FEE INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt018207
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt018207
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01121674
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt016571
IRS990/PYInvestmentIncomeAmt06352
IRS990/PYOtherExpensesAmt084821
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt01423
IRS990/PYRevenuesLessExpensesAmt0992931
IRS990/PYSalariesCompEmpBnftPaidAmt035126
IRS990/PYTotalExpensesAmt0136518
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01129449
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt02074592
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt018207
IRS990/SavingsAndTempCashInvstGrp/BOYAmt059272
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0346195
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt02367359
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01121674
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt065410
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt059447
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt023560
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt03637450
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt050828
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt05222
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt056050
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt019630
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.50700
IRS990ScheduleA/PublicSupportPY170Pct00.52650
IRS990ScheduleA/PublicSupportTotal170Amt01872682
IRS990ScheduleA/SubstantialContributorsTotAmt01764768
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt02367359
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01121674
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt065410
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt059447
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt023560
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt03637450
IRS990ScheduleA/TotalSupportAmt03693500
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/BoardDesignatedBalanceEOYPct01.00000
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt0267240
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt0329970
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt0629506
IRS990ScheduleD/CYEndwmtFundGrp/GrantsOrScholarshipsAmt01000
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt033296
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt0262116
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt0267240
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/GrantsOrScholarshipsAmt05000
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt010124
IRS990ScheduleD/DisclosedForCharitablePrpsInd01
IRS990ScheduleD/DisclosedOrgLegCtrlInd01
IRS990ScheduleD/DonorAdvisedFundsContriAmt01821490
IRS990ScheduleD/DonorAdvisedFundsGrantsAmt0116550
IRS990ScheduleD/DonorAdvisedFundsHeldCnt04
IRS990ScheduleD/DonorAdvisedFundsVlEOYAmt01981758
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt02937
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt02937
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt012480
IRS990ScheduleD/ExpensesSubtotalAmt0368832
IRS990ScheduleD/InvestmentExpensesNotIncld2Amt012480
IRS990ScheduleD/InvestmentExpensesNotIncldAmt012480
IRS990ScheduleD/NetUnrealizedGainsInvstAmt051018
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0107503
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0FUNDS HELD FOR OTHERS
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.00000
IRS990ScheduleD/RevenueNotReportedAmt051018
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt012480
IRS990ScheduleD/RevenueSubtotalAmt02443424
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE FOUNDATION'S QUASI ENDOWMENTS CONSIST OF VARIOUS FUNDS ESTABLISHED TO PROVIDE INCOME TO MEET THE FOUNDATION'S ANNUAL OPERATING NEEDS AND TO PROVIDE FUNDS FOR ONGOING SUPPORT TO THE FARIBAULT COMMUNITY.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART V, LINE 4:
IRS990ScheduleD/TermEndowmentBalanceEOYPct00.00000
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02937
IRS990ScheduleD/TotalExpensesPerForm990Amt0381312
IRS990ScheduleD/TotalLiabilityAmt0107503
IRS990ScheduleD/TotalRevenuePerForm990Amt02455904
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02494442
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0368832
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt030000
IRS990ScheduleI/RecipientTable/CashGrantAmt125000
IRS990ScheduleI/RecipientTable/CashGrantAmt212000
IRS990ScheduleI/RecipientTable/CashGrantAmt311000
IRS990ScheduleI/RecipientTable/CashGrantAmt410000
IRS990ScheduleI/RecipientTable/CashGrantAmt57000
IRS990ScheduleI/RecipientTable/CashGrantAmt66372
IRS990ScheduleI/RecipientTable/CashGrantAmt76000
IRS990ScheduleI/RecipientTable/CashGrantAmt86000
IRS990ScheduleI/RecipientTable/CashGrantAmt95500
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc1501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc2501(C)(3)

Document Assets

No mirrored PDF or thumbnail assets are attached yet.