2025-05-29T10:34:58-04:00 2022-12-31 411562398 CARLSONSV LLP 1321 NORTH BROADWAY PO BOX 725 NEW ULM MN 560730725 990 2022-01-01 464703262 NEW ULM AREA FOUNDATION INC NEWU PO BOX 201 NEW ULM MN 56073 JENNA PETERSON SECRETARY/TREASURER 5073543337 2023-08-29 true true JACOB R HOLM CPA P01282765 5072988760 2025-05-15 X 2022 2025-03-06 01:10:19Z X KATHY VAN ROEKEL 465149 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 15 0 509655 400512 49 63 24667 64574 0 534371 465149 139860 158284 0 18558 20796 0 8508 12354 16588 170772 195668 363599 269481 825646 2700111 993 435 824653 2699676 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 167202 158284 63 IN 2022, THE FOUNDATION AWARDED 23 DIFFERENT GRANTS TO 18 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 20 WORTHY AREA STUDENTS. 167202 true true false false false true false false false true false false true false true 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 ERIC BODE DIRECTOR 1.00 X 0 0 0 JEFF BRAEGELMANN DIRECTOR 1.00 X 0 0 0 CARISA BUEGLER DIRECTOR 1.00 X 0 0 0 GENE CLARK DIRECTOR 2.00 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 1.00 X 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 LAURI STARK DIRECTOR 1.00 X 0 0 0 BOB WEBB DIRECTOR 1.00 X 0 0 0 false false false 400512 400512 PROGRAM SERVICE FEES 63 63 63 44819 44819 19755 19755 19755 19755 465149 63 64574 86767 86767 71517 71517 19299 6561 6369 6369 1497 509 494 494 677 677 10979 10979 1936 658 639 639 140 48 46 46 660 660 1063 270 532 261 DONOR RELATIONS 495 495 TELEPHONE 480 164 158 158 DUES/REGISTRATIONS 140 48 46 46 BANK/CREDIT CARD CHARGES 18 18 195668 167202 19958 8508 34309 37823 10648 75213 176514 152278 604175 2434797 825646 2700111 993 435 993 435 X 394173 1868038 430480 831638 824653 2699676 825646 2700111 X 269481 -337244 1942786 X false false X 74384 134128 188606 100512 497630 74384 134128 188606 100512 497630 98435 399195 47 619 7508 44819 52993 550623 240 X SUPPORTING SCHEDULE NEW EDUCATION FUND DONATION 300,000 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 9677 29760 true true 245202 1942786 -232879 63627 19358 1872124 161000 71049 13153 245202 161000 161000 1.00000 false false FRANDSEN BANK & TRUST ENDOWMENTS 1872124 F FRANDSEN BANK & TRUST - DESIGNATED 532913 F FRANDSEN BANK & TRUST DAF 29760 F 2434797 FISCAL AGENT HOLDINGS 435 435 465149 465149 465149 195668 195668 195668 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. true VARIOUS NEW ULM AREA NON-PROFITS 86767 SEE MISSION STMT 23 SCHOLARSHIPS 20 71517 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, PAGE 1, ITEM B NEW ULM AREA FOUNDATION (NUAF) RECEIVED A TRANSFER OF 1,942,786 FROM THE ST. PAUL AND MINNESOTA FOUNDATION WHICH HAD PREVIOUSLY BEEN HOLDING THESE FUNDS ON NUAF'S BEHALF UNTIL NUAF WAS IN A POSITION TO MANAGE THESE FUNDS ON THEIR OWN. THIS TRANSFER OF FUNDS WAS SHOWN AS CONTRIBUTIONS ON THE INITIALLY FILED RETURN. THE RETURN IS BEING AMENDED TO SHOW THIS AS A CHANGE IN NET ASSETS INSTEAD OF REVENUE. SINCE THIS AMOUNT WAS INITIALLY TREATED AS AN UNUSUAL GRANT ON SCHEDULE A, THIS CHANGE DOES NOT AFFECT THE PUBLIC SUPPORT CALCULATIONS ON SCHEDULE A. 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 TRANSFER FROM ST. PAUL & MN FOUNDATION - 1,942,786