2025-07-21T14:05:36-05:00 2024-12-31 Foundation Source 3333 New Hyde Park Rd Ste 406 New Hyde Park NY 11042 990PF 2024-01-01 882344940 Granite Partners Foundation of Minnesota Inc % Foundation Source GRAN 8008391754 Foundation Source 501 Silverside Rd Wilmington DE 198091377 Richard Bauerly President 8008391754 2025-07-11 true true Jeffrey D Haskell P01345770 8008391754 2024 2025-03-06 01:10:19Z X 2265127 X 1393008 897 897 0 88187 88187 1482092 89084 0 46160 32293 13867 46160 32293 13867 575954 575954 622114 32293 589821 859978 56791 0 178058 25745 25745 1001926 2014217 2239382 1179984 2039962 2265127 0 0 X 1179984 2039962 1179984 2039962 1179984 2039962 1179984 859978 2039962 2039962 789 789 789 224 0 565 789 X 0 false false false false false false true true true DE true false false false false true Foundation Source 8008391754 501 Silverside Road Suite 123 Wilmington DE 198091377 false false false false false false false false false false false false false false false false false false false false false Richard L Bauerly Foundation Source 501 Silverside Rd Wilmington DE 198091377 Dir, Pres 1.0 0 0 0 Michelle B Kopel Foundation Source 501 Silverside Rd Wilmington DE 198091377 Dir, Sec, Treas 1.0 0 0 0 Gregory A Schumacher Foundation Source 501 Silverside Rd Wilmington DE 198091377 Dir 1.0 0 0 0 0 105729 1872270 1977999 0 1977999 29670 1948329 97416 97416 789 789 96627 96627 96627 589821 0 0 0 0 589821 96627 6254 542404 548658 589821 96627 493194 1041852 0 1041852 6254 542404 493194 NONE X AAUW OF MINNESOTA INC 626 GATES LN SW ROCHESTER MN 55902 N/A PC Charitable Event 1000 ACTIVE CENTRAL MN PO BOX 458 WAITE PARK MN 56387 N/A PC General & Unrestricted 40000 AIM HIGHER FOUNDATION 2610 UNIVERSITY AVE W STE 525 SAINT PAUL MN 55114 N/A PC General & Unrestricted 1000 AIM HIGHER FOUNDATION 2610 UNIVERSITY AVE W STE 525 SAINT PAUL MN 55114 N/A PC Charitable Event 2000 ALZHEIMERS DISEASE AND RELATED DISORDERS ASSOCIATI 225 N MICHIGAN AVE 17TH FL CHICAGO IL 60601 N/A PC Charitable Event 2500 AMERICAN DIABETES ASSOCIATION INC PO BOX 7023 MERRIFIELD VA 22116 N/A PC Charitable Event 1000 AMHERST H WILDER FOUNDATION 451 LEXINGTON PKWY NORTH ST PAUL MN 55104 N/A PC Minnesota Compass fund 5000 ANNA MARIES ALLIANCE 500 11TH AVE N SAINT CLOUD MN 56303 N/A PC Charitable Event 1000 ANNA MARIES ALLIANCE 500 11TH AVE N SAINT CLOUD MN 56303 N/A PC General & Unrestricted 10000 AUTISM RESOURCE GUIDE 2012 WASHINGTON LN SW ROCHESTER MN 55902 N/A PC General & Unrestricted 500 BENILDE ST MARGARETS HIGH SCHOOL 2501 HWY 100 S ST LOUIS PARK MN 55416 N/A PC General & Unrestricted 1000 BIG BROTHERS-BIG SISTERS OF CENTRAL MINNESOTA INC 203 COOPER AVE N STE 162 SAINT CLOUD MN 56303 N/A PC BIG Partners fund 30000 BIG BROTHERS-BIG SISTERS OF CENTRAL MINNESOTA INC 203 COOPER AVE N STE 162 SAINT CLOUD MN 56303 N/A PC Charitable Event 5000 BOY SCOUTS OF AMERICA 1191 SCOUT DR SARTELL MN 56377 N/A PC Charitable Event 2500 BOYS & GIRLS CLUBS OF CENTRAL MINNESOTA 345 30TH AVE N SAINT CLOUD MN 56303 N/A PC Charitable Event 1500 CANA FAMILY INSTITUTE 7301 BASS LAKE RD CRYSTAL MN 55428 N/A PC General & Unrestricted 1000 CATHEDRAL HIGH SCHOOL 312 7TH AVE N SAINT CLOUD MN 56303 N/A PC General & Unrestricted 2500 CATHEDRAL HIGH SCHOOL 312 7TH AVE N SAINT CLOUD MN 56303 N/A PC Charitable Event 1000 CATHEDRAL HIGH SCHOOL 312 7TH AVE N SAINT CLOUD MN 56303 N/A PC Charitable Event 5000 CATHEDRAL HIGH SCHOOL EDUCATION FOUNDATION 312 7TH AVE N SAINT CLOUD MN 56303 N/A PC General & Unrestricted 1000 CATHOLIC CHARITIES OF THE DIOCESE OF ST CLOUD 911 18TH ST N SAINT CLOUD MN 56303 N/A PC Charitable Event 1500 CATHOLIC CHARITIES OF THE DIOCESE OF ST CLOUD 911 18TH ST N SAINT CLOUD MN 56303 N/A PC Charitable Event 1500 CELEBRATE MINNESOTA INC 1010 W SAINT GERMAIN ST STE 750 SAINT CLOUD MN 56301 N/A PC General & Unrestricted 5000 CENTER FOR AFRICAN IMMIGRANTS AND REFUGEES ORGANIZ 13909 SE STARK ST PORTLAND OR 97233 N/A PC Charitable Event 1000 CENTRACARE HEALTH FOUNDATION 1406 6TH AVE N SAINT CLOUD MN 56303 N/A PC General & Unrestricted 2000 CENTRACARE HEALTH FOUNDATION 1406 6TH AVE N SAINT CLOUD MN 56303 N/A PC Charitable Event 3500 COLLEGE OF ST BENEDICT BUSINESS OFF 37 COLLEGE AVE S SAINT JOSEPH MN 56374 N/A PC Charitable Event 2500 COLLEGE OF ST BENEDICT BUSINESS OFF 37 COLLEGE AVE S SAINT JOSEPH MN 56374 N/A PC General & Unrestricted 2000 COMMUNITYGIVING 101 7TH AVE S STE 100 SAINT CLOUD MN 56301 N/A PC Whitney Park Outdoor Pickleball Courts Fund 3000 COMMUNITYGIVING 101 7TH AVE S STE 100 SAINT CLOUD MN 56301 N/A PC Good Samaritan Fund 500 COMMUNITYGIVING 101 7TH AVE S STE 100 SAINT CLOUD MN 56301 N/A PC Friends of the Gardens 2500 COMMUNITYGIVING 101 7TH AVE S STE 100 SAINT CLOUD MN 56301 N/A PC General & Unrestricted 2000 COMMUNITYGIVING 101 7TH AVE S STE 100 SAINT CLOUD MN 56301 N/A PC Anderson Family Memorial fund- Legacy Garden 500 COMMUNITYGIVING 101 7TH AVE S STE 100 SAINT CLOUD MN 56301 N/A PC Julie Hanson Scholarship Fund 1000 COMMUNITYGIVING 101 7TH AVE S STE 100 SAINT CLOUD MN 56301 N/A PC Charitable Event 2000 COMMUNITYGIVING 101 7TH AVE S STE 100 SAINT CLOUD MN 56301 N/A PC Charitable Event 1000 COMMUNITYGIVING 101 7TH AVE S STE 100 SAINT CLOUD MN 56301 N/A PC General & Unrestricted 2500 COMMUNITYGIVING 101 7TH AVE S STE 100 SAINT CLOUD MN 56301 N/A PC Charitable Event 5000 ERICKSON MERKEL FOUNDATION 65 RICE CREEK WAY NE FRIDLEY MN 55432 N/A PC Jerome P. Merkel Scholarship Fund 1000 ERICKSON MERKEL FOUNDATION 65 RICE CREEK WAY NE FRIDLEY MN 55432 N/A PC Henry & Patricia Belisle Determination Scholarship fund 500 FIREFIGHTERS FOR HEALING 650 PORTLAND AVE MINNEAPOLIS MN 55415 N/A PC General & Unrestricted 250 FRIENDS OF PINE GROVE ZOO 1200 W BROADWAY LITTLE FALLS MN 56345 N/A PC General & Unrestricted 2000 GOLFERS ORGANIZED FOR LITTLE FALLS GOLF 20949 HAVEN RD LITTLE FALLS MN 56345 N/A PC Tee Marker fund 750 GREAT RIVER CHILDRENS MUSEUM 111 7TH AVE S ST CLOUD MN 56301 N/A PC General & Unrestricted 5000 GREAT RIVER EDUCATIONAL ARTS THEATRE 710 SUNDIAL DR WAITE PARK MN 56387 N/A PC Charitable Event 900 GREAT RIVER EDUCATIONAL ARTS THEATRE 710 SUNDIAL DR WAITE PARK MN 56387 N/A PC General & Unrestricted 3500 GREAT RIVER GREENING 251 STARKEY ST STE 2200 SAINT PAUL MN 55107 N/A PC General & Unrestricted 2000 GREATER ST CLOUD DEVELOPMENT CORPORATION 501 W SAINT GERMAIN ST SAINT CLOUD MN 56301 N/A PC Charitable Event 10000 GREATER ST CLOUD DEVELOPMENT CORPORATION 501 W SAINT GERMAIN ST SAINT CLOUD MN 56301 N/A PC Charitable Event 500 GREATER ST CLOUD DEVELOPMENT CORPORATION 501 W SAINT GERMAIN ST SAINT CLOUD MN 56301 N/A PC General & Unrestricted 50000 GREATER ST CLOUD DEVELOPMENT CORPORATION 501 W SAINT GERMAIN ST SAINT CLOUD MN 56301 N/A PC Charitable Event 10000 GREATER ST CLOUD PUBLIC SAFETY FOUNDATION 101 11TH AVE N SAINT CLOUD MN 56303 N/A PC General & Unrestricted 4000 GREATER ST CLOUD PUBLIC SAFETY FOUNDATION 101 11TH AVE N SAINT CLOUD MN 56303 N/A PC Shop With A Cop 1000 HABITAT FOR HUMANITY INTERNATIONAL INC 1954 UNIVERSITY AVE W SAINT PAUL MN 55104 N/A PC General & Unrestricted 5000 HABITAT FOR HUMANITY INTERNATIONAL INC 2171 UNIVERSITY AVE WEST 200 ST PAUL MN 55114 N/A PC Charitable Event 5000 HER NEXT PLAY 3617 46TH AVE S MINNEAPOLIS MN 55406 N/A PC General & Unrestricted 1000 INDY FOUNDATION 4 13TH AVE N WAITE PARK MN 56387 N/A PC General & Unrestricted 250 INITIATIVE FOUNDATION 405 1ST ST SE LITTLE FALLS MN 56345 N/A PC Initiators program 120000 INITIATIVE FOUNDATION 405 1ST ST SE LITTLE FALLS MN 56345 N/A PC General & Unrestricted 10000 INVESTIGATIVE REPORTING ALLIANCE 484 CATHERINE LN SHOREVIEW MN 55126 N/A PC The Perimeter fund 5000 ISLAMIC CENTER OF ST CLOUD 712 17TH AVE S SAINT CLOUD MN 56301 N/A PC General & Unrestricted 200 JOSIAH VENTURE NFP PO BOX 4317 WHEATON IL 60189 N/A PC General & Unrestricted 1000 JUGAAD LEADERSHIP PROGRAM 22 WILSON AVE NE STE 209 SAINT CLOUD MN 56304 N/A PC General & Unrestricted 1000 JUNIOR ACHIEVEMENT USA PO BOX 120478 SAINT PAUL MN 55112 N/A PC JA for St. Cloud and Morrison County 500 LAURA BAKER SCHOOL ASSOCIATION 211 OAK ST NORTHFIELD MN 55057 N/A PC General & Unrestricted 1000 MAYO CLINIC 200 1ST ST SW CO CORPORATE TAX ROCHESTER MN 55905 N/A PC General & Unrestricted 250 MELBY MEMORIAL CHARITIES 21106 STATE HWY 63 SPRING VALLEY MN 55975 N/A PC General & Unrestricted 500 MID MN CYCLING CLUB PO BOX 7751 SAINT CLOUD MN 56302 N/A PC MMCC - Quarry Park Trail 5000 MINNESOTA CHAMBER FOUNDATION 380 SAINT PETER ST STE 1050 SAINT PAUL MN 55102 N/A PC Leadership MN Fund 2500 MINNESOTA CHAMBER FOUNDATION 380 SAINT PETER ST STE 1050 SAINT PAUL MN 55102 N/A PC Charitable Event 750 MINNESOTA CHAMBER FOUNDATION 380 SAINT PETER ST STE 1050 SAINT PAUL MN 55102 N/A PC Leaders Lab 2500 MINNESOTA SENIOR GAMES INC 2241 PLEASANT VIEW LN NW ALEXANDRIA MN 56308 N/A PC Charitable Event 500 NATIONAL ARBOR DAY FOUNDATION 211 N 12TH ST STE 501 LINCOLN NE 68508 N/A PC General & Unrestricted 250 NORTHLAND FOUNDATION 202 W SUPERIOR ST STE 800 DULUTH MN 55802 N/A PC General & Unrestricted 5000 NOTRE DAME ACADEMY 13505 EXCELSIOR BLVD MINNETONKA MN 55345 N/A PC General & Unrestricted 1000 PARAMOUNT CENTER FOR THE ARTS 913 W SAINT GERMAIN ST SAINT CLOUD MN 56301 N/A PC General & Unrestricted 2500 PARAMOUNT CENTER FOR THE ARTS 913 W SAINT GERMAIN ST SAINT CLOUD MN 56301 N/A PC Charitable Event 2500 PCD KS FOUNDATION 61 LAKE MEADOW DR ROCHESTER NY 14612 N/A PC Clear the Way Annual campaign 10000 PRAIRIE WOODS ENVIRONMENTAL LEARNING CENTER 12718 10TH ST NE SPICER MN 56288 N/A PC General & Unrestricted 500 PROMISE NEIGHBORHOOD OF CENTRAL MINNESOTA PO BOX 6082 SAINT CLOUD MN 56302 N/A PC General & Unrestricted 1000 PROP SHOP OF EDEN PRAIRIE 15195 MARTIN DR EDEN PRAIRIE MN 55344 N/A PC General & Unrestricted 1000 QUIET OAKS 5537 GALAXY RD SAINT AUGUSTA MN 56301 N/A PC General & Unrestricted 1000 ROCHESTER CHAMBER OF COMMERCE FOUNDATION INC 220 BROADWAY AVE S STE 100 ROCHESTER MN 55904 N/A PC CIP Group 2 500 ROCORI ACTION PACKS PO BOX 597 RICHMOND MN 56368 N/A PC General & Unrestricted 250 SAINT JOHNS BOYS CHOIR 2840 ABBEY PLZ BOX 2000 COLLEGEVILLE MN 56321 N/A PC General & Unrestricted 2500 SAINT JOHNS UNIVERSITY PO BOX 7222 COLLEGEVILLE MN 56321 N/A PC General & Unrestricted 1000 SARTELL SENIOR HIGH 3101 PINECONE ROAD N SARTELL MN 56377 N/A GOV Sartell HS Robotics - World Championship 2000 SARTELL-ST STEPHEN EDUCATIONAL FOUNDATION PO BOX 258 SARTELL MN 56377 N/A PC General & Unrestricted 250 SOCIETY OF METABOLIC HEALTH PRACTITIONERS INC 13833 HAWKSNEST BAY DR CORP CHRISTI TX 78418 N/A PC Charitable Event 500 SOUTHERN MINNESOTA INITIATIVE FOUNDATION 525 FLORENCE AVE OWATONNA MN 55060 N/A PC General & Unrestricted 5000 SOUTHERN MINNESOTA INITIATIVE FOUNDATION 525 FLORENCE AVE OWATONNA MN 55060 N/A PC Charitable Event 1000 SOUTHWEST INITIATIVE FOUNDATION 15 3RD AVE NW HUTCHINSON MN 55350 N/A PC General & Unrestricted 5000 SPECIAL OLYMPICS MINNESOTA INC 900 2ND AVE S STE 300 MINNEAPOLIS MN 55402 N/A PC Charitable Event 500 ST CLOUD AREA FAMILY YMCA 2001 STOCKINGER DR SAINT CLOUD MN 56303 N/A PC General & Unrestricted 1500 ST CLOUD AREA FAMILY YMCA 2001 STOCKINGER DR SAINT CLOUD MN 56303 N/A PC Capital Campaign 5000 ST CLOUD AREA FAMILY YMCA 2001 STOCKINGER DR SAINT CLOUD MN 56303 N/A PC Y Partners fund 500 ST CLOUD AREA FAMILY YMCA 2001 STOCKINGER DR SAINT CLOUD MN 56303 N/A PC Outdoor Water Park fund 250 ST CLOUD AREA FAMILY YMCA 2001 STOCKINGER DR SAINT CLOUD MN 56303 N/A PC Charitable Event 1500 ST CLOUD AREA YOUTH BASKETBALL ASSOCIATION PO BOX 434 SAINT CLOUD MN 56302 N/A PC 5th Grade Girls Team 500 ST CLOUD STATE UNIVERSITY FOUNDATION INC 720 4TH AVE S SAINT CLOUD MN 56301 N/A PC Charitable Event 5000 ST CLOUD STATE UNIVERSITY FOUNDATION INC 720 4TH AVE S SAINT CLOUD MN 56301 N/A PC Presidents Club 3000 ST CLOUD TECHNICAL AND COMMUNITY COLLEGE FOUNDATIO 1540 NORTHWAY DR SAINT CLOUD MN 56303 N/A PC Charitable Event 15000 ST CLOUD TECHNICAL AND COMMUNITY COLLEGE FOUNDATIO 1540 NORTHWAY DR SAINT CLOUD MN 56303 N/A PC General & Unrestricted 3000 ST CLOUD TECHNICAL AND COMMUNITY COLLEGE FOUNDATIO 1540 NORTHWAY DR SAINT CLOUD MN 56303 N/A PC Charitable Event 1000 ST FRANCIS XAVIER PARISH PO BOX 150 SARTELL MN 56377 N/A PC Charitable Event 500 ST JOSEPHS SCHOOL 1138 SEMINOLE AVE ST PAUL MN 55118 N/A PC General & Unrestricted 250 STEWARTVILLE AREA COMMUNITY FOUNDATION INC 105 1ST ST E STEWARTVILLE MN 55976 N/A PC Stewartville Area Food Insecurity (SAFI) 500 TEE IT UP FOR THE TROOPS INC 515 W TRAVELERS TRL BURNSVILLE MN 55337 N/A PC General & Unrestricted 3000 TEREBINTH REFUGE 110 2ND ST S STE 231 WAITE PARK MN 56387 N/A PC General & Unrestricted 1000 THE NORTHWEST MINNESOTA FOUNDATION 201 3RD ST NW BEMIDJI MN 56601 N/A PC General & Unrestricted 5000 THE NORTHWEST MINNESOTA FOUNDATION 201 3RD ST NW BEMIDJI MN 56601 N/A PC Emerging Leadership Program 500 THE SALVATION ARMY 400 US HWY 10 S ST CLOUD MN 56304 N/A PC General & Unrestricted 1000 UNITED PRESBYTERIAN CHURCH IN THE USA WESTMINSTER 1200 MARQUETTE AVE MINNEAPOLIS MN 55403 N/A PC General & Unrestricted 250 UNITED WAY OF CENTRAL MINNESOTA 921 1ST ST N STE 200 SAINT CLOUD MN 56303 N/A PC Charitable Event 1000 UNITED WAY OF CENTRAL MINNESOTA 921 1ST ST N STE 200 SAINT CLOUD MN 56303 N/A PC Charitable Event 2500 UNITED WAY OF CENTRAL MINNESOTA 921 1ST ST N STE 200 SAINT CLOUD MN 56303 N/A PC Corporate fund 63000 UNITED WAY OF CENTRAL MINNESOTA 921 1ST ST N STE 200 SAINT CLOUD MN 56303 N/A PC Charitable Event 1000 UNITED WAY OF CENTRAL MINNESOTA 921 1ST ST N STE 200 SAINT CLOUD MN 56303 N/A PC Partners for Student Success 1000 WEST CENTRAL INITIATIVE PO BOX 318 FERGUS FALLS MN 56538 N/A PC General & Unrestricted 5000 WIRTH CENTER FOR THE PERFORMING ARTS PO BOX 162 SAINT CLOUD MN 56302 N/A PC General & Unrestricted 1000 YES NETWORK PO BOX 1042 SAINT CLOUD MN 56302 N/A PC General & Unrestricted 500 YOUTH FOR CHRIST USA INC 203 COOPER AVE N STE 140 SAINT CLOUD MN 56303 N/A PC General & Unrestricted 1000 YOUTH FRONTIERS INC 5215 EDINA INDUSTRIAL BLVD STE 400 MINNEAPOLIS MN 55439 N/A PC Charitable Event 1000 ZERO PROSTATE CANCER 515 KING ST STE 310 ALEXANDRIA VA 22314 N/A PC Charitable Event 104 ZERO PROSTATE CANCER 515 KING ST STE 310 ALEXANDRIA VA 22314 N/A PC Charitable Event 500 575954 14 897 K-1 Inc/Loss 14 88187 89084 89084 false false false false false false false false false false X X 1 DeZURIK Inc 250 Riverside Ave North Sartell MN 56377 5000 X 2 Granite Equity Partners LLC 1100 W Saint Germain St St Cloud MN 56301 1379008 X X 3 Microbiologics 200 Cooper Ave North St Cloud MN 56303 5000 X 2 GRANITE EQUITY, LLC 1004008 2024-04-30 GRANITE EQUITY, LLC 2014217 2239382 As explained below, the Foundation has no plans for dissolution. This statement is submitted to report the distribution of certain assets during the year. The distributions resulted in a substantial contraction of assets. The following information is submitted in accordance with Treasury Regulation Section 1.6043-3(a)(1) and the Form 990-PF instructions: During the taxable year ending December 31, 2024, the Foundation made distributions from assets from sources other than current income. Collectively, the distributions in excess of current income totaled $575,954. This amount represents 25% or more of the Foundation's net assets of $1,287,577 (as measured by fair market value) at the beginning of the Foundation's taxable year ending December 31, 2024. Although the Foundation technically experienced a substantial contraction, it will continue in existence and has no plans for dissolution. The Foundation made distributions of cash to the grantees listed in the attachment to Part XIV, Line 3a; each such grant was made solely for the charitable purpose specified therein. Administrative Fees 13787 13787 K-1 Exp GRANITE EQUITY, LLC 32293 32293 Postage/Delivery Service 55 55 State or Local Filing Fees 25 25 K-1 Inc/Loss GRANITE EQUITY, LLC 88187 88187