2025-07-14T08:08:11-04:00 2024-12-31 411562398 CARLSONSV LLP 301 KELLER AVE S AMERY WI 540011283 990 2024-01-01 455615797 ISD 88 FOUNDATION INC ISD8 5072338313 PO BOX 572 NEW ULM MN 56073 ABBY SWENSON PRESIDENT 5072338313 2025-06-25 true false DIRK A PRINDLE CPA P00456916 7159544995 2025-06-25 X 2024 2025-03-06 01:10:19Z ABBY SWENSON 98754 false X ISD88FOUNDATION.ORG X 2012 MN TO ENHANCE THE QUALITY OF EDUCATION IN ISD 88 WHILE CREATING PARTNERSHIPS BETWEEN OUR SCHOOLS, OUR COMMUNITIES AND ALUMNI. 11 11 1 15 0 83433 67535 0 146 26540 -4205 -8243 79374 85832 10000 19674 0 14763 13450 0 11964 16853 13563 41616 46687 37758 39145 597533 618973 17343 3558 580190 615415 TO ENHANCE THE QUALITY OF EDUCATION IN ISD 88 WHILE CREATING PARTNERSHIPS BETWEEN OUR SCHOOLS, OUR COMMUNITIES AND ALUMNI. false false 26111 19674 DURING 2023, THE ISD 88 FOUNDATION CONTINUED TO EXPAND ON THEIR GRANTING PROCESS TO GIVE FUNDS TO THE NEW ULM PUBLIC SCHOOLS FOR EDUCATIONAL ENHANCEMENTS. THE FOUNDATION WAS ABLE TO FUND THREE PROJECTS IN 2024. THE FIRST WAS A STEAM BEE-BOT CODING GRANT. THIS GRANT WILL PROVIDE KINDERGARTEN STUDENTS WITH AN INTERACTIVE INTRODUCTION TO THE BASIC PROGRAMMING PRINCIPALS OF CODING. THE NEXT GRANT WAS A BOOKWORM VENDING MACHINE. STUDENT CAN EARN TOKENS TO BUY THIER OWN BOOK FROM THE BOOK VENDING MACHINE. THE LAST GRANT WAS FOR THE SHAKE, RATTLE, AND ROLL YOUR WAY TO CODING. THIS GRANT PROVIDES CODING ROBOTS TO THE NEW ULM MIDDLE SCHOOL STUDENTS TO CONTINUE THIER PROGRAMMING AND CODING EDUCATION. 26111 true true false false false false false false true true false false true false false false false false false false false false false false true false false true false false false false false false false false false false false false false false false false false false false true 0 0 true 1 true false false false false false false false false false false false false false false X 11 11 false false false false false false false true true false false false true true true false false true false false MN X JACOB HOLM 5072338313 PO BOX 572 NEW ULM MN 56073 X MIKE BENZ VICE PRESIDE 2.00 X X 0 0 0 LISA BESEMER SECRETARY 2.00 X X 0 0 0 JILL CURRY DIRECTOR 1.00 X 0 0 0 JACOB HOLM TREASURER 2.00 X X 0 0 0 SANDRA JUNI DIRECTOR 1.00 X 0 0 0 TIM KNAAK DIRECTOR 1.00 X 0 0 0 CODY KOHN DIRECTOR 1.00 X 0 0 0 SEAN KOSTER EX-OFFICIO 1.00 X 0 0 0 KAY BURNETT MARTIN DIRECTOR 1.00 X 0 0 0 JIM PEARSON DIRECTOR 1.00 X 0 0 0 JOHN RODENBERG DIRECTOR 1.00 X 0 0 0 ABBY SWENSON PRESIDENT 2.00 X X 0 0 0 false false false 40876 26659 67535 26540 26540 4679 40876 12922 -8243 -8243 85832 18297 19674 19674 11880 1782 4158 5940 410 61 144 205 1160 174 406 580 6122 918 2143 3061 208 208 1053 188 187 678 403 135 135 133 1945 649 648 648 SCHOLARSHIPS 1500 1500 EQUIPMENT 992 248 496 248 HALL OF FAME EXPENSES 513 513 DUES AND MEMBERSHIPS 375 127 124 124 452 142 171 139 46687 26111 8612 11964 82773 22676 29251 29310 4433 500 481076 566487 597533 618973 442 330 16901 3228 17343 3558 X 91264 130489 488926 484926 580190 615415 597533 618973 39145 -2583 -1337 X false false false X 40240 54018 54216 83433 67535 299442 40240 54018 54216 83433 67535 299442 12572 286870 9980 10171 10566 146 26540 57403 3865 3865 360710 0.79530 0.76000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED true true X 481076 62850 23898 1337 566487 441861 39215 481076 515950 2650 -76737 441861 462926 3025 49999 515950 393610 38000 31316 462926 1.00000 false false BANK MIDWEST INVESTMENT PORTFOLIO 566487 F 566487 85832 85832 85832 46687 46687 46687 SCHEDULE D, PAGE 2, PART IV, LINE 1B ISD 88 IS ACTING AS A FISCAL AGENT FOR FUNDS CONTRIBUTED TOWARDS THE CONSTRUCTION OF A NEW CTE CENTER BY THE HIGH SCHOOL. THE FOUNDATION IS MERELY COLLECTING AND DISBURSING FUNDS AS REQUESTED BY THE SCHOOL DISTRICT, WHICH IS THE ULTIMATE OWNER OF THE FUNDS. TOTAL CONTRIBUTIONS FOR 2023 WERE 39,583, WHILE EXPENSES FOR THE CTE PROJECT WERE 31,594. SCHEDULE D, PAGE 2, PART IV, LINE 2B ISD 88 IS ACTING AS A FISCAL AGENT FOR FUNDS CONTRIBUTED TOWARDS THE CONSTRUCTION OF A NEW CTE CENTER BY THE HIGH SCHOOL. THE FOUNDATION IS MERELY COLLECTING AND DISBURSING FUNDS AS REQUESTED BY THE SCHOOL DISTRICT, WHICH IS THE ULTIMATE OWNER OF THE FUNDS. TOTAL CONTRIBUTIONS FOR 2023 WERE 39,583, WHILE EXPENSES FOR THE CTE PROJECT WERE 31,594. SCHEDULE D, PAGE 2, PART V, LINE 4 THE INCOME FROM THE ENDOWMENT FUNDS IS TO BE USED FOR THE GRANTING OF FUNDS TO ISD 88 FOR PROJECTS THAT ENHANCE EDUCATION. THIS IS ACCOMPLISHED THROUGH A FORMAL GRANTING PROCESS. EAGLES EXTRAVAG 45555 40876 4679 12922 45555 40876 4679 12922 12922 -8243 true INDEPENDENT SCHOOL DISTRICT 88 414 SOUTH PAYNE ST NEW ULM MN 56073 416000373 170C1 19674 SEE 990-PART 3 LN 4B 1 SCHEDULE I, PAGE 1, PART I, LINE 2 THE ANNUAL GRANTING PROCESS WILL BEGIN AND BE PUBLICIZED IN JANUARY OF EACH YEAR. INTERESTED PARTIES WILL COMPLETE A GRANT PROPOSAL/APPLICATION AND SUBMIT IT OT THE RESPECTIVE PRINCIPAL AND THE SUPERINTENDENT FOR CONSIDERATION. THE ADMINISTRATION WILL THEN SUBMIT THE PROPOSAL(S) TO THE FOUNDATION. THE PROPOSAL WILL INCLUDE A NARRATIVE DESCRIPTION OF THE PROPOSED PROJECT, A TIIMELINE FOR IMPLEMENTATION AND A DETAILED BUDGET. THE FOUNDATION WILL AWARD GRANTS ANNUALLY IN APRIL, WITH A SUBMISSION DEADLINE OF FEBRUARY 1ST TO THE BUILDING PRINCIPAL; FEBRUARY 15TH TO THE SUPERINTENDENT; AND MARCH 1ST TO THE FOUNDATION. A SUBCOMMITTEE OF THE FOUNDATION WILL REVIEW THE GRANT APPLICATIONS TO ENSURE THEY MEET OUR ESTABLISHED GUIDELINES: A) PROJECT MEETS THE FOUNDATION MISSION STATEMENT. B) PROGRAM OR ACTIVITY SHOULD GENERALLY SUPPLEMENT, NOT REPLACE, EXISTING PROGRAMS. C) CONSIDERATION WILL BE GIVEN TO PROPOSALS WITH THE BROADEST IMPACT. D) CONSIDERATION WILL BE GIVEN FOR PROGRAMS WHICH ARE INNOVATIVE AND CAN BE REPLICABLE. A FINAL REPORT WILL BE REQUIRED OF ALL GRANT RECIPIENTS. THE REPORT WILL INCLUDE A NARRATIVE DESCRIPTION OF THE IMPLEMENTATION OF THE GRANT, A FINAL ACCOUNTING OF HOW THE GRANT DOLLARS WERE SPENT, AND THE NUMBER OF STUDENTS IMPACTED. ISD 88 WILL ORDER AND PAY FOR THE PROJECT WITH THE FOUNDATION'S APPROVAL. THE FOUNDATION WILL THEN REIMBURSE ISD 88 FOR THE APPROVAL AMOUNT. FORM 990, PAGE 1, PART I, LINE 6 VOLUNTEERS HELP WITH THE FUNDRAISING EVENT HELD ANNUALLY. FORM 990, PAGE 6, PART VI, LINE 11B A COMPLETE COPY OF THE FORM 990 SUBMISSION WILL BE PROVIDED TO THE EXECUTIVE COMMITTEE FOR REVIEW. ONCE SATISFIED WITH FORM 990, THE EXECUTIVE COMMITTEE WILL RECOMMEND TO THE ENTIRE BOARD FOR APPROVAL. A VOTE BY EMAIL WILL BE TAKEN PRIOR TO SUBMISSION BASED ON THE EXECUTIVE COMMITTEE'S RECOMMENDATION. FORM 990 WILL BE AVAIALABLE TO THE FULL BOARD FOR REVIEW UPON REQUEST. FORM 990, PAGE 6, PART VI, LINE 12C BOARD MEMBERS ARE REQUIRED TO SIGN A NEW CONFLICT OF INTEREST POLICY EACH YEAR IN JANUARY FORM 990, PAGE 6, PART VI, LINE 15A THE BOARD REVIEWED SALARIES FROM OTHER LOCAL NON-PROFIT EXECUTIVE DIRECTORS TO DETERMINE THE PAY FORM 990, PAGE 6, PART VI, LINE 19 CURRENTLY, OUR BYLAWS ARE AVAILABLE ON OUR WEBSITE. ALL OTHER DOCUMENTS ARE AVAILABLE UPON REQUEST.