2025-02-05T11:04:05-06:00 2024-06-30 411647057 MAHONEY ULBRICH CHRISTIANSEN & RUSS PA 10 RIVER PARK PLAZA SUITE 800 SAINT PAUL MN 55107 990 2023-07-01 363567019 PHILANTHROFUND FOUNDATION INC PHIL 6128701806 5775 WAYZATA BLVD 700 ST LOUIS PARK MN 55416 ALISSA LIGHT TREASURER 6128701806 2025-02-04 1 0 MARC A KOTSONAS P00544551 6512276695 2025-02-04 2023 2025-03-06 01:10:19Z ALISSA LIGHT 5775 WAYZATA BLVD 700 ST LOUIS PARK MN 55416 3046000 0 X WWW.PFUNDFOUNDATION.ORG X 1987 MN PFUND FOUNDATION IS A VITAL RESOURCE AND COMMUNITY BUILDER FOR LESBIAN, GAY, BISEXUAL, TRANSGENDER, QUEER AND ALLIED COMMUNITIES BY PROVIDING GRANTS AND SCHOLARSHIPS, DEVELOPING LEADERS, AND INSPIRING GIVING. 12 12 6 100 0 0 903402 2935527 6798 3920 19699 25450 -16017 -18775 913882 2946122 418428 945647 0 0 420117 500846 37850 103600 276515 186802 389531 1063197 1939624 -149315 1006498 1177072 2294351 14674 50734 1162398 2243617 X PFUND FOUNDATION BUILDS EQUITY WITH LGBTQ+ COMMUNITIES ACROSS THE UPPER MIDWEST BY PROVIDING GRANTS AND SCHOLARSHIPS, DEVELOPING LEADERS, AND INSPIRING GIVING. 0 0 1524530 945647 3920 PFUND FOUNDATION AWARDED SCHOLARSHIPS TO 58 LGBTQ INDIVIDUALS SEEKING A VARIETY OF EDUCATIONAL PROGRAMS IN THE UPPER MIDWEST. PFUND FOUNDATION AWARDED FUNDS TO 21 LGBTQ+ LED AND SERVING NON-PROFIT ORGANIZATIONS WORKING IN RURAL COMMUNITIES ACROSS THE UPPER MIDWEST.PFUND FOUNDATION AWARDED FUNDS TO 3 LGBTQ+ LED AND SERVING NON-PROFIT ORGANIZATIONS WORKING WITH BISEXUAL+ COMMUNITIES ACROSS THE UPPER MIDWEST.PFUND FOUNDATION AWARDED FUNDS TO 33 LGBTQ+ BIPOC SMALL BUSINESSES TO GROW AND STRENGTHEN THEIR LEADERSHIP AND BUSINESS AND PROVIDED BUSINESSES EDUCATIONAL RESOURCES.PFUND FOUNDATION AWARDED FUNDS TO 14 LGBTQ+ NONPROFITS WORKING TO PROTECT AND SUPPORT TRANSGENDER AND GENDER NONCONFORMING INDIVIDUALS ACROSS THE UPPER MIDWEST. PFUND FOUNDATION "AWARDED" FUNDS TO 34 NONPROFITS WITH EVENT SPONSORSHIPS IN ORDER TO CONVENE LGBTQ FOLKS ACROSS THE REGION OF THE UPPER MIDWEST.PFUND FOUNDATION AWARDED FUNDS TO 8 LGBTQ+ LED AND SERVING NON-PROFIT ORGANIZATIONS WORKING TO PROTECT COMMUNITIES FROM THE IMPACTS OF COVID-19. 1524530 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 1 1 0 0 0 0 0 0 1 1 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 75 0 6 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 12 12 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MN X ALISSA LIGHT 6128701806 5775 WAYZATA BLVD SUITE 700 ST LOUIS PARK MN 55416 BECKY SMITH PRESIDENT 2.00 X X 0 0 0 AUSTIN HOLIK VICE PRESIDENT 2.00 X X 0 0 0 ALISSA LIGHT TREASURER 2.00 X X 0 0 0 LINDA THEIS DIRECTOR 1.00 X 0 0 0 WEN BROVOLD DIRECTOR 1.00 X 0 0 0 LYNELLE WOOD DIRECTOR 1.00 X 0 0 0 NOAH PATRICK LOEHR DIRECTOR 1.00 X 0 0 0 CHRIS STEDMAN DIRECTOR 1.00 X 0 0 0 DR BRENT OPALL DIRECTOR 1.00 X 0 0 0 SARA RADJENOVIC DIRECTOR 1.00 X 0 0 0 LM BRIMMER DIRECTOR 1.00 X 0 0 0 JOSEPH BROOKS DIRECTOR 1.00 X 0 0 0 AARON A ZIMMERMAN EXECUTIVE DIRECTOR 40.00 X 121781 0 5817 121781 0 5817 1 0 0 0 0 42708 455754 2437065 9903 2935527 FEES 561000 3920 3920 3920 25287 25287 70085 69922 163 163 163 11181 42708 29956 -18775 -18775 2946122 3920 0 6675 405250 405250 540397 540397 132748 115490 5310 11948 318292 191355 43925 83012 15951 5166 7255 3530 33855 22989 3701 7165 4530 3530 1000 42000 42000 103600 103600 102 102 104943 88157 16786 17665 11216 6449 17250 7262 832 9156 38519 25558 5755 7206 19697 14623 1995 3079 33044 24771 1621 6652 18297 15206 2625 466 9673 986 1160 7527 SPONSORSHIPS 47214 47214 BAD DEBT 24500 24500 DUES AND LICENSES 4546 1590 1920 1036 VIDEO AND RECORDING 4200 4200 3351 3100 62 189 1939624 1524530 138579 276515 176499 235807 200000 175700 919105 10145 26085 813833 912459 895 895 1177072 2294351 13674 35734 1000 15000 14674 50734 X 788 -27933 1161610 2271550 1162398 2243617 1177072 2294351 1006498 74721 0 X X 0 1 X 1 0 X 623093 710204 947340 903402 2935527 6119566 623093 710204 947340 903402 2935527 6119566 2171120 3948446 41441 131525 48015 27952 25287 274220 6393786 24681 0.61750 0.71560 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 424706 789336 51044 15904 1249181 405500 28212 9006 424706 593184 -76802 110882 405500 532627 90016 29459 593184 523825 5000 27720 23918 532627 0.98000 0.02000 0 0 0 X 3056654 74721 35913 110634 2946020 102 102 2946122 1975435 35913 35913 1939522 102 102 1939624 PART X, LINE 2: PFUND IS CLASSIFIED AS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, IS EXEMPT FROM PRIVATE FOUNDATION STATUS UNDER SECTION 509(A)(1) OF THE INTERNAL REVENUE CODE, AND IS SUBJECT TO INCOME TAXES ONLY ON NET UNRELATED BUSINESS INCOME. MANAGEMENT BELIEVES PFUND DID NOT HAVE ANY UNRELATED BUSINESS INCOME IN 2024 AND 2023. PFUND BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN, AND ACCORDINGLY, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. X X X 0 PARK STREET PUBLIC 1041 GRAND AVE SUITE 225 SAINT PAUL MN 55105 GRANT WRITERS 0 0 40000 -40000 CREATIVE FUNDRAISING ADVISORS 525 PARK STREET SUITE 210 SAINT PAUL MN 55103 GRANT ADVISORS, WRITERS 0 0 63600 -63600 103600 -103600 MOXIE 53889 42708 11181 3537 15848 600 9971 53889 42708 11181 3537 15848 600 9971 29956 -18775 SCHEDULE G, PART I, LINE 2B, COLUMN (V) PAYMENTS FOR GRANT WRITING 1 ADVOCATES FOR REPRODUCTIVE EDUCATION 615 OAK STREET BRAINERD MN 56401 813828875 501(C)3 7000 0 PRISM GRANT FACT 505 12TH AVE W VIRGINIA MN 55792 853055064 501(C)3 8000 0 PRISM GRANT GAY STRAIGHT ALLIANCE FOR SAFE SCHOOLS 1709 LANDMARK DR COTTAGE GROVE WI 53527 204088208 501(C)3 10000 0 PRISM GRANT LGBT COMMUNITY CENTER OF THE CHIPPEWA VALLEY 505 S DEWEY ST SUITE 204 MAILBOX 10 EAU CLAIRE WI 54701 392018270 501(C)3 10000 0 PRISM GRANT LGBTQ IOWA ARCHIVES & LIBRARY 450 HWY 1W 126 IOWA CITY IA 52246 464168572 501(C)3 12500 0 PRISM GRANT LGBTQ FAMILY CONNECTIONS CENTER INC 377 WANDERING LANE HEDGESVILLE WV 25427 861663733 501(C)3 18000 0 PRISM GRANT ONE HEARTLAND 26001 HEINZ ROAD WILLOW RIVER MN 55795 391763115 501(C)3 15500 0 PRISM GRANT PHILADELPHIA COMMUNITY FARM PO BOX 668 OSCEOLA WI 54020 391711164 501(C)3 10000 0 PRISM GRANT QUEERSPACE COLLECTIVE PO BOX 11455 MINNEAPOLIS MN 55411 863249777 501(C)3 10000 0 PRISM GRANT RECLAIM 2446 UNIVERSITY AVE W SUITE 104 ST PAUL MN 55114 800829665 501(C)3 10000 0 PRISM GRANT RED RIVER RAINBOW SENIORS PO BOX 1474 FARGO ND 58107 460517923 501(C)3 12000 0 PRISM GRANT SITTING BULL COLLEGE 9299 NORTH DAKOTA 24 FORT YATES ND 58538 237373765 501(C)3 16000 0 GENERAL OPERATING GRANT ST MARK'S LUTHERAN CHURCH 417 MAIN AVE SUITE 401 FARGO ND 58103 320593305 501(C)3 8000 0 PRISM GRANT THE TRANSFORMATION PROJECT 500 N WESTERN AVE SUITE 300 SIOUX FALLS SIOUX FALLS SD 57104 841843518 501(C)3 15500 0 PRISM GRANT GENDER JUSTICE 663 UNIVERSITY AVE W SUITE 200 ST PAUL MN 55104 800603630 501(C)3 5500 0 SPONSORSHIP GLBT YOUTH IN IOWA SCHOOLS TASK FORCE PO BOX 794 HASTINGS MN 55033 731710056 501(C)3 12500 0 PRISM GRANT LAVENDER LEGAL CENTER PO BOX 31 CEDAR RAPIDS IA 52406 853467956 501(C)3 36000 0 GENERAL OPERATING GRANT LGBT CENTER OF SE WISCONSIN 1456 JUNCTION AVE RACINE WI 53403 263743532 501(C)3 14000 0 GENERAL OPERATING GRANT LOST AND FOUND ASSN 319 N MAIN AVE SUITE 1 SIOUX FALLS SD 57104 454306370 501(C)3 5500 0 SPONSORSHIP ND HUMAN RIGHTS COALITION PO BOX 1961 FARGO ND 58107 760714441 501(C)3 29000 0 SPONSORSHIP RAINBOW WELLNESS COLLECTIVE 601 W ST GERMAIN ST ST CLOUD MN 56301 931723195 501(C)3 5500 0 SPONSORSHIP THE ALIVENESS PROJECT 3808 NICOLLET AVE MINNEAPOLIS MN 55409 411593900 501(C)3 20000 0 TRANSCEND GRANT UNITING RESILIENCE 1329 EGLIN ST 271 RAPID CITY SD 57701 843023840 501(C)3 27000 0 SPONSORSHIP 24 0 SCHOLARSHIPS 58 540397 PART I, LINE 2: PFUND FOUNDATION SCHOLARSHIP APPLICANTS ARE REQUIRED TO INDICATE ON THEIR APPLICATION CHARACTERISTICS THAT ALIGN WITH THE VARIOUS SCHOLARSHIP FUND REQUIREMENTS SUCH AS FIELD OF STUDY, IDENTITY, AGE, ETC. ADDITIONALLY, THEY ARE EXPECTED TO PROVIDE A DETAILED DESCRIPTION OF THEIR INTENDED PURPOSE FOR THE SCHOLARSHIP FUNDS INCLUDING THE PROGRAM NAME, INSTITUTION, AND ANY OTHER PERTINENT INFORMATION. UPON SELECTION OF SCHOLARSHIP RECIPIENTS, PFUND FOUNDATION STAFF CONNECTS WITH THE APPLICANTS TO CONFIRM THEIR NEED FOR THE SCHOLARSHIP FUNDS. RECIPIENTS PROVIDE THE ORGANIZATION WITH INSTRUCTIONS ON THE DESTINATION FOR THE FUNDS IN ACCORDANCE WITH THEIR INTENDED PURPOSE DEFINED IN THEIR APPLICATION. IF THE SCHOLAR DOES NOT MEET THE CRITERIA FOR THE SCHOLARSHIP, PFUND FOUNDATION STAFF CONNECTS WITH THE SCHOLARSHIP DONOR TO BEST MEET THEIR INTENDED PURPOSE. FORM 990, PART VI, SECTION B, LINE 11B THE TREASURER REVIEWS THE COMPLETED 990. THE BOARD CHAIR, EXECUTIVE DIRECTOR, TREASURER OR OTHER DESIGNATED SIGNATORIES MAY SIGN THE 990. A FINAL COPY OF THE 990 IS MADE AVAILABLE TO THE FULL BOARD. FORM 990, PART VI, SECTION B, LINE 12C EACH PFUND DIRECTOR AND STAFF MEMBER SHALL ANNUALLY COMPLETE A DISCLOSURE FORM IDENTIFYING ANY RELATIONSHIPS, POSITIONS OR CIRCUMSTANCES IN WHICH THE PFUND PERSON IN INVOLVED THAT HE OR SHE BELIEVES COULD CONTRIBUTE TO A CONFLICT OF INTEREST. DETAILED PROCEDURES FOR MONITORING AND ENFORCING THE CONFLICT OF INTEREST POLICY ARE IN THE WRITTEN POLICY. FORM 990, PART VI, SECTION B, LINE 15 PFUND FOUNDATION IS COMMITTED IN PRINCIPLE TO PAYING MARKET WAGES INSOFAR AS POSSIBLE. IN COMPENSATING EMPLOYEES, PFUND WILL CONSIDER THE FOLLOWING: 1. THE EMPLOYEE'S RELEVANT EDUCATION AND EXPERIENCE; 2. THE EMPLOYEE'S ON-THE-JOB PERFORMANCE; 3. THE COMPENSATION OF OTHER EMPLOYEES WITH SIMILAR QUALIFICATIONS; 4. THE COMPENSATION PAID BY OTHER ORGANIZATIONS TO EMPLOYEES WITH THE SAME POSITION AND SIMILAR QUALIFICATIONS; 5. THE EMPLOYEE'S OVERALL CONTRIBUTION TO THE ORGANIZATION; AND 6. PFUND FOUNDATION'S ABILITY TO PAY. THE EXECUTIVE DIRECTOR SHALL HAVE SOLE DISCRETION IN DETERMINING EMPLOYEE COMPENSATION. THE EXECUTIVE DIRECTOR'S SALARY AND BENEFITS ARE DETERMINED BY THE BOARD EXECUTIVE COMMITTEE. PFUND FOUNDATION CONDUCTS PERFORMANCE REVIEWS ANNUALLY. A PERFORMANCE REVIEW DOES NOT NECESSARILY IMPLY AN INCREASE IN PAY. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. THE FOUNDATION'S ANNUAL FINANCIAL STATEMENTS ARE ALSO POSTED ON THE FOUNDATION'S WEBSITE, WWW.PFUNDFOUNDATION.ORG. FORM 990, PART XII, LINE 2C: THIS PROCESS HAS NOT CHANGED FROM PRIOR YEARS.