2026-09-22T15:26:30-05:00 2025-12-31 411534805 CARPENTER EVERT & ASSOCIATES LTD 7760 FRANCE AVE S SUITE 940 BLOOMINGTON MN 55435 990 2025-01-01 411691868 ANN BANCROFT FOUNDATION ANNB 6123385752 2233 UNIVERSITY AVE W 450 ST PAUL MN 55114 ETHELIND B KABA EXECUTIVE DIRECTOR 6123385752 2026-09-22 1 NEAL EVERT P00046853 9528310085 2026-09-22 2025 ETHELIND B KABA 2233 UNIVERSITY AVE W 450 ST PAUL MN 55114 1261147 0 X WWW.ANNBANCROFTFOUNDATION.ORG X 1997 MN THE ANN BANCROFT FOUNDATION HELPS GIRLS DISCOVER AND ACHIEVE THEIR FULL POTENTIAL. 13 13 5 175 0 0 904437 1035595 0 0 30495 25441 0 637 934932 1061673 252598 300876 0 0 435339 507132 0 0 207899 280881 301232 968818 1109240 -33886 -47567 1287309 1481169 173046 414473 1114263 1066696 THE ANN BANCROFT FOUNDATION INSPIRES AND EQUIPS GIRLS TO DREAM BIG, BUILD CONFIDENCE, AND ACHIEVE THEIR GOALS THROUGH GRANTS, MENTORSHIP, AND ONGOING LEADERSHIP DEVELOPMENT OPPORTUNITIES. 0 0 802792 300876 HEADQUARTERED IN ST. PAUL, MINNESOTA, THE ANN BANCROFT FOUNDATION CONTINUES TO PROVIDE GRANTS ALONG WITH FOSTERED MENTORSHIP AND DEVELOPMENT TOOLS TO K12 GIRLS ACROSS MINNESOTA TO INVEST IN THEIR POTENTIAL, BUILD NEW SKILLS, AND SET THE FOUNDATION FOR FUTURE SUCCESS. IN 2025, THE FOUNDATION AWARDED 325 GRANTS ACROSS 31 COUNTIES IN MINNESOTA. OF THESE, 10 WERE AWARDED THROUGH OUR SECOND PROGRAM, THE ANN BANCROFT FOUNDATION TRAILBLAZER FELLOWS, WHO EACH RECEIVE $2,500, COMPARED TO $1,000 FOR OUR TRADITIONAL SEED GRANTS. OUR PROGRAM MODEL COMBINES THREE POWERFUL LEVERS: DIRECT GRANTS TO GIRLS AND GENDER-EXPANSIVE YOUTH, MENTORSHIP, AND ONGOING DEVELOPMENT OPPORTUNITIES THAT EXPAND WHAT YOUNG PEOPLE BELIEVE IS POSSIBLE FOR THEIR LIVES. WE CONTINUE TO HOST THE LARGEST STATEWIDE CONVENING FOR GIRLS IN MINNESOTA, OUR ANNUAL GIRLHOOD SUMMIT. IN 2025, MORE THAN 250 YOUNG PEOPLE FROM ACROSS THE STATE GATHERED AT ST. CATHERINE UNIVERSITY FOR A DAY OF CONNECTION, EXPLORATION, EMPOWERMENT, AND POSSIBILITY. THE SUMMIT FEATURED KEYNOTE SPEAKER LUVVIE AJAYI, PRESENTED IN PARTNERSHIP WITH GIRL SCOUTS, ALONGSIDE CAREER PANELS, INTERACTIVE STEM LABS, TOPICAL SESSIONS, AND TED-STYLE TALKS FROM YOUNG PEOPLE ALREADY LEADING CHANGE IN THEIR COMMUNITIES. 802792 1 1 0 0 0 0 0 1 0 0 1 0 0 1 1 0 1 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 4 0 1 5 1 0 0 0 0 0 1 1 0 0 0 0 X 13 13 0 0 1 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MN X X X THE ORGANIZATION 6123385752 2233 UNIVERSITY AVE W SUITE 450 ST PAUL MN 55114 ANN BANCROFT FOUNDER 1.00 X X 0 0 0 SARAH STREHL CHAIR 1.00 X X 0 0 0 LEE VUE VICE CHAIR 1.00 X X 0 0 0 VEDA PAI - PANANDIKER TREASURER 1.00 X X 0 0 0 LACORA BRADFORD KESTI SECRETARY 1.00 X X 0 0 0 ANDY STEINER MANNING BOARD MEMBER 1.00 X 0 0 0 CARLEY KNOX BOARD MEMBER 1.00 X 0 0 0 DR GIGI CHAWLA BOARD MEMBER 1.00 X 0 0 0 JACKIE HARTMAN BOARD MEMBER 1.00 X 0 0 0 JADE DENSON BOARD MEMBER 1.00 X 0 0 0 KELLY MCNAMARA BOARD MEMBER 1.00 X 0 0 0 AMY BERGSTROM BOARD MEMBER 1.00 X 0 0 0 SARA KILIAN BOARD MEMBER 1.00 X 0 0 0 JAN MALCOLM DIRECTOR EMERITA 0.00 X 0 0 0 SHARON OLSON DIRECTOR EMERITA 0.00 X 0 0 0 ETHELIND B KABA EXECUTIVE DIRECTOR 40.00 X 185521 0 15388 185521 0 15388 1 0 0 0 0 435065 600530 28441 1035595 25441 25441 199474 435065 199474 0 OTHER INCOME 900099 637 637 637 1061673 0 0 26078 X 300876 300876 200911 122555 24110 54246 246000 150060 29520 66420 28011 17087 3361 7563 32210 19648 3865 8697 122845 74936 14741 33168 46585 35937 652 9996 61745 31600 16158 13987 20743 12653 2489 5601 1867 1139 224 504 7252 4424 870 1958 OTHER PROGRAMMING EXPEN 18866 18866 MISCELLANEOUS 6459 3940 775 1744 BANK FEES 5752 3509 690 1553 DUES AND SUBSCRIPTIONS 4618 2817 554 1247 4500 2745 540 1215 1109240 802792 98549 207899 640130 573642 538759 576443 13969 10250 70112 48642 41583 4356 3288 37227 5221 21051 229744 1287309 1481169 50480 43227 96619 138980 10000 15947 232266 173046 414473 X 844696 766270 269567 300426 1114263 1066696 1287309 1481169 -47567 0 X 0 1 X 1 0 X 703105 879889 863794 904437 1035595 4386820 703105 879889 863794 904437 1035595 4386820 0 0 0 4386820 30 474 15707 30495 25441 72147 30 474 15707 30495 25441 72147 4298 2702 1198 637 8835 707433 883065 880699 934932 1061673 4467802 0.98190 0.98550 0.01610 0.01150 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X OFFICE DECOR 0 1647 55 1592 39936 4301 35635 37227 RIGHT OF USE ASSETS 223765 OTHER 5979 229744 LEASE LIABILITY 232266 232266 1061673 0 1061673 0 1061673 1109240 0 1109240 0 1109240 PART III, LINE 1A: THE ANN BANCROFT FOUNDATION DOES NOT REPORT WORKS OF ART OR HISTORICAL TREASURES ON THE BALANCE SHEET. PART III, LINE 4: FROM 1997 TO 2011 THE ANN BANCROFT FOUNDATION CONFERRED THE DREAMMAKER AWARD IN FOUR CATEGORIES, RESULTING IN 53 HONOREES, GIRLS, WOMEN AND ORGANIZATIONS WHO CONTRIBUTED TO THE ADVANCEMENT OF WOMEN AND GIRLS. ACCLAIMED PHOTOGRAPHER ANN MARSDEN PHOTOGRAPHED 50 OF OUR HONOREES, AND THOSE PORTRAITS ARE RETAINED AS A COLLECTION BY THE ANN BANCROFT FOUNDATION. ANN BANCROFT FOUNDATION 2025 ANNUAL 634539 435065 199474 99007 100467 634539 435065 199474 99007 100467 199474 0 1 DARE TO DREAM GRANTS 335 300876 1 X X 0 0 0 0 0 0 0 0 0 ETHELIND B KABA EXECUTIVE DIRECTOR 185521 0 0 0 0 0 0 0 0 15388 185521 15388 0 0 X FURNITURE & FIXTURES 0 18500 FMV X DESIGN SERVICE 0 9941 FMV 0 0 0 FORM 990, PART VI, SECTION A, LINE 4 THE ORGANIZATION'S BYLAWS WERE AMENDED IN 2025 TO CLARIFY AND STRENGTHEN THE BOARD OF DIRECTORS' STRATEGIC OVERSIGHT AND FIDUCIARY RESPONSIBILITIES. REVISIONS REMOVED REFERENCES THAT CHARACTERIZED THE BOARD AS A WORKING BOARD AND ALIGNED THE BYLAWS WITH THE BOARD'S GOVERNANCE ROLE IN SUPPORTING THE ORGANIZATION'S MISSION, LONG-TERM STRATEGY, AND FINANCIAL STEWARDSHIP. FORM 990, PART VI, SECTION B, LINE 11B LINE 11B EXPLANATION - FORM 990 IS REVIEWED BY THE FINANCE COMMITTEE AND THEN REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C OFFICERS AND KEY EMPLOYEES MUST ANNUALLY DISCLOSE, IN WRITING, ANY ACTUAL OR POTENTIAL CONFLICTS OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 REVIEW OF PAYROLL, BENEFITS AND OTHER VENDOR RECORDS TO DETERMINE TOTAL COMPENSATION FORM 990, PART VI, SECTION C, LINE 19 990 IS ON OUR WEBSITE. POLICIES ARE AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 74,936. MANAGEMENT AND GENERAL EXPENSES 14,741. FUNDRAISING EXPENSES 33,168. TOTAL EXPENSES 122,845.