2024-11-06T09:46:47-05:00 2023-12-31 411562398 CARLSONSV LLP 1321 NORTH BROADWAY PO BOX 725 NEW ULM MN 560730725 990 2023-01-01 464703262 NEW ULM AREA FOUNDATION INC NEWU 5073543337 PO BOX 201 NEW ULM MN 56073 JENNA PETERSON SECRETARY/TREASURER 5073543337 2024-10-15 true true JACOB R HOLM CPA P01282765 5072988760 2024-10-11 X 2023 2024-10-15 13:58:12Z KATHY VAN ROEKEL 315039 false X NEWULMAREAFOUNDATION.ORG X 2019 MN THE MISSION OF NEW ULM AREA FOUNDATION IS TO ADDRESS THE NEEDS OF THE COMMUNITY BY GROWING THE ENDOWMENTS FUNDS AND PROVIDING FINANCIAL GRANTS FROM THE EARNINGS OF THOSE FUNDS. THE FOUNDATION FOCUSES ITS GRANT FUNDING IN THE AREAS OF THE ARTS, EDUCATION, ECONOMIC DEVELOPMENT AND HISTORIC PRESERVATION. 12 12 1 14 0 2343298 254476 63 23 64574 60540 0 2407935 315039 158284 211728 0 20796 22782 0 11091 16588 26728 195668 261238 2212267 53801 2700111 3109821 435 0 2699676 3109821 X THE MISSION OF NEW ULM AREA FOUNDATION IS TO ADDRESS THE NEEDS OF THE COMMUNITY BY GROWING THE ENDOWMENTS FUNDS AND PROVIDING FINANCIAL GRANTS FROM THE EARNINGS OF THOSE FUNDS. THE FOUNDATION FOCUSES ITS GRANT FUNDING IN THE AREAS OF THE ARTS, EDUCATION, ECONOMIC DEVELOPMENT AND HISTORIC PRESERVATION. false false 222982 211728 23 IN 2023, THE FOUNDATION AWARDED 13 DIFFERENT GRANTS TO 10 DIFFERENT NEW ULM AREA NON-PROFITS OR GOVERNMENTAL ENTITIES TO ASSIST IN PROJECTS IN THE AREAS OF EDUCATION, HISTORICAL PRESERVATION, ECONOMIC DEVELOPMENT AND THE ARTS. IN ADDITION, SCHOLARSHIP GRANTS WERE AWARDED TO EDUCATIONAL INSTITUTIONS FROM THE FOUNDATION TO BE AWARDED AS SCHOLARSHIPS TO 35 WORTHY AREA STUDENTS. 222982 true true false false false true false false false true false false true false false false false false false false false false false false false false false true true false false false false false false false false false false false false false false false false false false true 0 0 false 1 true false false false false false false false false false false false X 12 12 false false false false false false false true true false false true true true false false false false false false MN X JOHN ILLIKMAN 5073543337 PO BOX 201 NEW ULM MN 56073 X LISA BESEMER DIRECTOR 1.00 X 0 0 0 CARISA BUEGLER DIRECTOR 1.00 X 0 0 0 GENE CLARK DIRECTOR 1.00 X 0 0 0 DUSTAN CROSS DIRECTOR 1.00 X 0 0 0 SHARI FISCHER DIRECTOR 1.00 X 0 0 0 MARK FURTH DIRECTOR 1.00 X 0 0 0 SHANNON HILLESHEIM VICE PRESIDE 2.00 X X 0 0 0 ZACH JENSEN DIRECTOR 1.00 X 0 0 0 MIKE LIEB DIRECTOR 1.00 X 0 0 0 JENNA PETERSON SECRETARY/TR 2.00 X X 0 0 0 KATHY VAN ROEKEL PRESIDENT 2.00 X X 0 0 0 BOB WEBB DIRECTOR 1.00 X 0 0 0 false false false 254476 254476 PROGRAM SERVICE FEES 23 23 23 70552 70552 -10012 -10012 -10012 -10012 315039 23 60540 97540 97540 114188 114188 18350 6238 6056 6056 4432 1506 1463 1463 1592 1592 15644 15644 2288 778 755 755 140 48 46 46 1320 1320 1365 372 632 361 LEAVE A LEGACY 1649 561 544 544 DONOR RELATIONS 1446 1446 TELEPHONE 896 304 296 296 DUES/REGISTRATIONS 375 127 124 124 13 13 261238 222982 27165 11091 37823 31820 75213 25645 152278 282817 2434797 2769539 2700111 3109821 435 435 0 X 1868038 3109821 831638 2699676 3109821 2700111 3109821 X 53801 356344 X false false X 74384 134128 188606 100512 104060 601690 74384 134128 188606 100512 104060 601690 119958 481732 47 619 7508 44819 70552 123545 725235 263 X SUPPORTING SCHEDULE NEW EDUCATION FUND DONATION 150,000 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 9700 21363 true true 1872124 26000 309963 83505 26824 2097758 245202 1942786 -232879 63627 19358 1872124 161000 71049 13153 245202 161000 161000 1.00000 false false FRANDSEN BANK & TRUST ENDOWMENTS 2097758 F FRANDSEN BANK & TRUST - DESIGNATED 650419 F FRANDSEN BANK & TRUST DAF 21362 F 2769539 693183 356344 21800 378144 315039 315039 283038 21800 21800 261238 261238 SCHEDULE D, PAGE 2, PART V, LINE 4 GRANTS ARE MADE FROM THE FUNDS UNDER SIMILAR PROCEDURES AND FOR SIMILAR PURPOSES AS THE ORGANIZATION'S MISSION STATEMENT AND OTHER NON- ENDOWMENT GRANTS. SCHEDULE D, PAGE 4, PART XI, LINE 2D PROGRAM SERVICE FEES 21,800 SCHEDULE D, PAGE 4, PART XII, LINE 2D PROGRAM SERVICE FEES 21,800 true VARIOUS NEW ULM AREA NON-PROFITS 97540 SEE MISSION STMT 23 SCHOLARSHIPS 114188 SCHEDULE I, PAGE 1, PART I, LINE 2 ALL ENTITIES RECEIVING GRANTS ARE REQUIRED TO REPORT AND VERIFY THE FUNDS WERE USED AS INTENDED. IF THEY ARE NOT, THE FUNDS ARE REQUIRED TO BE RETURNED. SCHOLARSHIP FUNDS ARE GIVEN DIRECTLY TO THE INSTITUTION, RATHER THAN THE STUDENT, WITH PROOF OF ATTENDANCE AND TUITION REQUIRED. FORM 990 - ORGANIZATION'S MISSION THE MISSION OF NEW ULM AREA FOUNDATION IS TO ADDRESS THE NEEDS OF THE COMMUNITY BY GROWING THE ENDOWMENTS FUNDS AND PROVIDING FINANCIAL GRANTS FROM THE EARNINGS OF THOSE FUNDS. THE FOUNDATION FOCUSES ITS GRANT FUNDING IN THE AREAS OF THE ARTS, EDUCATION, ECONOMIC DEVELOPMENT AND HISTORIC PRESERVATION. FORM 990, PAGE 6, PART VI, LINE 11B THE TAX RETURN IS BROUGHT BEFORE THE ENTIRE BOARD FOR REVIEW AND APPROVAL PRIOR TO FILING. FORM 990, PAGE 6, PART VI, LINE 19 UPON REQUEST FORM 990, PART XI, LINE 9 PROGRAM SERVICE FEES 21,800 PROGRAM SERVICE FEES -21,800