2024-01-25T15:41:32-07:00 2023-06-30 271375413 BWK Rogers PC 431 South 7th Street Suite 2424 Minneapolis MN 55415 990 2022-07-01 411295802 NORMANDALE COMMUNITY COLLEGE FOUNDATION INC NORM 9523588147 9700 France Ave South Bloomington MN 55431 Jane E Fenton Executive Director 9523588147 2024-01-24 1 1 Melissa J Baraibar P02464922 6123325446 2024-01-04 1 11 0 AAL2 2022 2023-04-26 12:10:37Z Jane E Fenton 9700 France Ave South Bloomington MN 55431 6843685 0 X www.normandale.edu/foundation X 1977 MN Normandale Community College Foundation engages donors, community partners, and advocates on behalf of the College's work to make excellence in higher education accessible to anyone who wants a college education. We focus on supporting low-income, first-generation students from under resourced and underrepresented communities. The Foundation creates brighter futures for students, families and communities by funding life-changing scholarships, academic programs, and critical student supports like the College's Campus Cupboard (onsite free grocery store), free laptops and emergency grants. The Foundation also supports the Japanese Garden. 19 19 4 30 0 0 2460995 1365342 106145 199152 265065 316578 -12353 -8928 2819852 1872144 741167 1119847 0 0 215640 344489 0 0 176167 165545 177911 1122352 1642247 1697500 229897 6320511 6591250 46535 66164 6273976 6525086 Normandale Community College Foundation engages donors, community partners, and advocates on behalf of the College's work to make excellence in higher education accessible to low-income, first-generation, and non-traditional students over the age of 24. 0 0 744844 617168 0 Scholarships: The Foundation manages a diverse portfolio of endowed and other scholarships that collectively provided $617,168 in direct student aid in FY 2023. Scholarships typically range from $1,000 to $3,000 each. The Foundation awarded 817 scholarships in FY 2023, with a careful eye on equity for all. We support the College's goals to eliminate all race-based gaps in degree completion by 2025. Typically, there are over 500 applications from students for Foundation scholarships, and we are only able to award 408 (the 817 number reflects each scholarship divided into the fall and spring award) currently. Each year, applications rise but the number of scholarships available are not keeping up. We seek to ameliorate this by expanding support for college programs that cover larger numbers of students, like the free grocery store and free laptops. Student thank you notes tell us over and over how impactful these gifts are when it comes to them being able to afford to work less and study more. For all of these students, it can make the difference between staying in school and dropping out to work. 520290 481074 196288 College Improvements and Program Support: In FY 2023, the Foundation provided $481,074 to further initiatives such as Basic Student Needs, the Academy of Math and Science, Emergency grants, Sirtify (cultivating Black men to become K12 teachers), archeology program with a dig site, a free laptop program and academic travel support. We strive to create experiences that are within the reach of all students, based on ability and drive to learn, not on income level. Our Academy of Math and Science provides intensive advising and academic support for underrepresented populations in STEM and currently sees a 97% rate of graduation and transfer for their students. This year we introduced a pilot alumni mentorship program that is showing very positive outcomes for both parties already, and we hope to scale this up next year. The College is excited about developing this option for students with peer-to-peer mentoring, alumni mentoring and faculty mentoring. Our Campus Cupboard free grocery store continues to grow and sees increased usage among students. We have seen a 75% increase in the number of visits in the last year, with 46% being new users. We have distributed an increase of 28% in the free pre-prepared meals as well, in partnership with our campus food vendor. Students regularly report that the Cupboard helps them stay in school and feed not only themselves but their families during this time that they are pursuing their education and better future. Our Random Acts of Kindness emergency grant program continues to help students with unforeseen bills that threaten their ability to stay in school. Health care costs, food, car issues, rent and daycare always top the list of urgent needs. Each year we help hundreds of students with gifts that help keep them in school and focused on their education. The Foundation supports our new program Sirtify, designed to support Black men become teachers in the K12 system. Each student gets 100% tuition support, a living stipend, books, and fees paid, plus covers expenses for all conferences, retreats and excursions throughout the year. We anticipate doubling our cohort size this year to 35 with the hiring of an additional staff member. Our free laptop program for low-income students kicked off during the pandemic out of the necessity to help students continue attending classes online. It was clear that our goals for equity in education were greatly enhanced with this program because a laptop nowadays is a necessity, not a luxury. So many students have aging or out-of-date machines or have to share one laptop with all members of the family. This program was supported by federal funding until this year, when the Foundation shouldered the responsibility for raising funds from private sources. Since its inception, the program has served over 4,000 students. The impact is clear from their testimonials: each laptop is a passport to flexibility, achievement and participation that puts them on par with other students in their classes. We foresee a will to continue this essential support but will need to raise at least $500,000 for this effort alone. Academic travel is another aspect of education that provides innumerable documented benefits to all students. The biggest barrier is cost for our students, and gifts to this fund make academic travel possible for so many students who could not otherwise even consider it. The gifts range from $500-$1000 apiece, and they make this educational effort achievable for many students. Their testimonials support the importance of continuing to find funding for this. 39498 22355 2864 Japanese Garden support: Designed by Kyoto-based landscape architect Takao Watanabe and dedicated in 1976, the Normandale Japanese Garden serves as a tranquil oasis and place of renewal for our campus and larger community. The Garden is home to more than 300 plants, shrubs, trees and over 35 authentic Japanese koi fish, and serves as a memorial to Japanese-American veterans. This coming year, we anticipate supporting the College as they update the Garden's accessibility in accordance with the College's goals for accessibility, equity and cultural competence. 0 0 0 1304632 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 4 0 1 4 1 0 0 0 0 0 0 0 0 0 0 0 0 X 19 19 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MN X X Jane Fenton 9523588147 9700 France Ave South Bloomington MN 55431 Jane Fenton Executive Director 40 0 X 129087 0 12164 Torrion Amie Director 2 0 X 0 0 0 Dayle Nolan Director 2 0 X 0 0 0 Julie Guelich Director 2 0 X 0 0 0 Louise Wilson Director 2 0 X 0 0 0 Andrew Kannenberg Director 2 0 X 0 0 0 Allen Krug Director 2 0 X 0 0 0 Joel Peterson Director 2 0 X 0 0 0 Eunice Adegoke Director 2 0 X 0 0 0 Cyrus Batheja Director 2 0 X 0 0 0 Beth Monsrud Director 2 0 X 0 0 0 Patrick Moyneur Director 2 0 X 0 0 0 Rome Poppler Director 2 0 X 0 0 0 Melitta Drechsler Director 2 0 X 0 0 0 Dan Kampmeyer Director 2 0 X 0 0 0 Jason Moore Director 2 0 X 0 0 0 Aaron Riippa Director 2 0 X 0 0 0 Scott Grossbauer Chair 2 0 X X 0 0 0 Teresa Biss Chair Elect 2 0 X X 0 0 0 Janet Freudenstein Secretary 2 0 X X 0 0 0 Josh Villas Treasurer 2 0 X X 0 0 0 129087 0 12164 1 0 0 0 0 0 0 216275 0 0 1149067 75680 1365342 Development and Institutional Advancement 611310 196288 196288 0 0 Japanese Garden 611310 2864 2864 0 0 0 0 0 0 199152 137043 0 0 137043 0 0 0 0 0 0 0 0 0 0 5142148 0 4962613 0 179535 0 179535 179535 0 0 0 216275 8928 -8928 0 -8928 0 1872144 378687 0 128115 502679 502679 617168 617168 141251 15341 62955 62955 169642 130293 7264 32085 11104 8722 224 2158 22492 10782 4921 6789 38409 38409 12586 12586 55527 15272 40255 481 481 11457 5491 2507 3459 28358 10431 4761 13166 17582 2449 1117 14016 1950 1950 Bank and Credit Card Fees 4991 0 4991 0 Licenses and Dues 609 0 609 0 5961 1276 3882 803 1642247 1304632 161448 176167 219046 213548 620020 364435 913600 1182273 2500 4565345 4830994 0 6320511 6591250 46535 66164 0 0 46535 66164 X 941527 1113221 5332449 5411865 6273976 6525086 6320511 6591250 229897 21213 0 0 0 0 X 0 1 X 1 0 X 1598121 783874 861107 2460995 1365342 7069439 1598121 783874 861107 2460995 1365342 7069439 3017831 4051608 144326 112939 78233 89681 137043 562222 110 110 7631771 596749 0.53089 0.49082 X Schedule A, Part II, Line 10 Other Income RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 892814 141740 81631 0 0 0 1116185 825411 163381 -95978 0 0 0 892814 636880 58694 129837 0 0 0 825411 533144 92082 12584 930 0 0 636880 526306 1280 30558 25000 0 0 533144 0 0.81 0.19 0 0 0 0 X 1948714 21213 84838 0 8928 114979 1833735 38409 0 38409 1872144 1697604 84838 0 0 8928 93766 1603838 38409 0 38409 1642247 Schedule D, Part V, Line 4 To provide scholarships to students of Normandale Community College and future maintenance of the Japanese Garden. Schedule D, Part X, Line 2 The Foundation's activities are generally exempt from federal and state income taxes under Section 501(c)(3) of the Internal Revenue Code. Since the Foundation is exempt from federal and state income tax liability, no provision is made for current or deferred income tax expense. The Foundation is not a private foundation. Management has determined that the Foundation is not subject to unrelated business income tax. Management is not aware of any transactions that would impact the Foundation's tax-exempt status. The Foundation follows the guidance of the Accounting Standard Codification (ASC) 740, Accounting for Income Taxes, related to uncertainties in income taxes, which prescribes a threshold of more likely than not for recognition and derecognition of positions taken or expected to be taken in a tax return. For the years ended June 30, 2023 and 2022, management of the Foundation is not aware of any material uncertain tax positions. All tax-exempt entities are subject to review and audit by federal, state and other applicable agencies. Such agencies may review the taxability of unrelated business income, or the qualification of the tax-exempt entity under the Internal Revenue Code and applicable state statutes. For federal tax purposes, the tax returns remain open for possible examination for a period of three years after the respective filing deadlines of those returns. Schedule D, Part XI, Line 2d Expenses for Fundraising Event Schedule D, Part XII, Line 2d Expenses for Fundraising Event Creating Futures Event 216275 0 216275 0 0 0 4057 4871 0 0 0 216275 0 216275 0 0 0 4057 4871 0 8928 207347 1 Normandale Community College 9700 France Avenue South Bloomington MN 55431 411687554 Minnesota State Coll 502679 0 Department/Program Support 1 0 Scholarships 817 617168 0 Schedule I, Part I, Line 2 There are no monitoring procedures performed. Form 990, Part VI, Section B, Line 11b The Finance Committee of the Board of Directors has the final say on recommending approval of the Form 990, once the accounting team at the Foundation has submitted it for approval. The accounting team is the executive director, the senior accountant, and the consulting accountant. Once the Form 990 has made it through those two bodies, it is presented at a Board meeting for a final vote of approval. Form 990, Part VI, Section B, Line 12c At the start of every fiscal year, each Board member must sign a conflict of interest form that attests to their understanding of conflict of interest. At each Board meeting, we provide a reminder and an opportunity for members to declare any conflicts. Form 990, Part VI, Section B, Line 15 Compensation for the full-time Executive Director was determined by members of the Executive Committee using real-time market data for comparable positions in the Twin Cities. Staff compensation is determined by the Executive Director and is based on comparable compensation for positions in the metro area. Form 990, Part VI, Section C, Line 19 Governing documents, conflict of interest policy, and annual financial statements are made available to the public upon request. Normandale Community College 9700 France Avenue South Bloomington MN 55431 411687554 2 year Community College MN N/A 0 0 1 0 0 0 0 0 0 0 0 1 1 0 1 1 0 1 0 0 Normandale Community College b 502679 FMV Normandale Community College l 196288 FMV