2008 RESOURCE Special Giving Edition

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NMF RESOURCE The Northwest Minnesota Foundation is a public charitable foundation dedicated to creating a brighter future for Northwest Minnesota. Our Mission:

PHILANTHROPY

MISSION

Philanthropy and Quality of Place

The Northwest Minnesota Foundation invests resources, creates opportunities and promotes philanthropy to make the region a better place to live and work.

Our Values:

The best, classic definition of philanthropy is “private initiatives for public good, focusing on quality of life.” Much and perhaps most of philanthropy is not about the rich helping the poor, but about groups helping themselves; that donors and charities are on the same team as investment partners.

VALUES

Philanthropy is about self-development for both donors and beneficiaries; it is a school for values, in which we are all learning. Philanthropy is more about opportunity than obligation. And philanthropy and government work best as partners. We are dedicated to providing the means to help build awareness and promote philanthropy as a way to meet the needs of the places in our rural region.

Excellence • We strive for the highest standards in all our programs and services. Integrity • We are a trusted resource demonstrating honesty and fairness in our relationships with partners, clients and colleagues. Passion • We are committed to the region and mission-driven in all our endeavors. Innovation • We are forward thinking and proactive in seeking out opportunities. Wisdom • We apply knowledge of the region and historical perspective to make sound decisions. Partnerships • We are most effective when working in cooperation with others.

NMF provides the structure by which individuals, businesses and organizations help create the asset base of their community – component and community funds established by the people in the region who are partnering with NMF to create a brighter future for Northwest Minnesota.

NMF BOARD

NMF STAFF

Terri Anderson, Director • Ogema

Lin Backstrom • Early Childhood Specialist Peggy Crandall • Grants Services Associate Samantha Hedin • Accounting Associate Ritchie Houge • Vice President for Philanthropic Services Barb Lien • Administrative Assistant Jane McKelvy • Training Specialist Diane Morey • Business Development Specialist Lisa Peterson • Communications Director Marty Sieve • Vice President for Programs Jim Steenerson • Grants Specialist Holly Tri • Administrative Assistant Caryl Turnow • Fund & Business Development Specialist Nancy Vyskocil • President Tim Wang • Finance Director David West • Business Finance Specialist

Eric Bergeson, Chair • Fertile David Bergman, Director • Thief River Falls Bob Hager, Director • Greenbush Mark Hewitt, Director • Park Rapids Jody Horntvedt, Director • Baudette Dean Johnson, Treasurer • Mahnomen Roger Malm, Director • Hallock Gary Purath, Secretary • Red Lake Falls Judy Roy, Director • Red Lake Kim Wilson, Director • Fosston Laurie Wilson, Director • Crookston

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2008 Special Giving Edition

THE POWER OF PHILANTHROPY

A Message from the Chair:

narrow base of very generous donors.

Northwest Minnesota Foundation recently commissioned a study of wealth in Northwest Minnesota. It indicates that over the next 30 years, $2.8 billion will transfer from the current generation to the next generation.

You don't have to be a Rockefeller or Bill Gates to be a philanthropist. According to Northwest Minnesota Foundation policies, all you need is $5,000 to start a philanthropic component fund with the foundation.

According to our best estimates, the wealth transfer in Northwest Minnesota will mean: • $1.5 billion will transfer to family and other heirs • $450 million will be given to charitable organizations • $700 million will transfer to government in estate taxes • $150 million will be spent on estate fees (debt, internment costs, legal or court fees)

We hope a growing number of middle-income people will jump into philanthropy with their own funds of $5,000 or more. Even a $300 grant each year from these funds to a homeless shelter or to a local arts organization makes a difference. If creators of funds networked with others of like interest, they could disburse 10, 50, or 100 or more $300 grants to a shared cause. If hundreds of local residents got on board with philanthropic funds, the impact on our community would be sizable. In other words, why leave thoughtful philanthropy to the very wealthy?

How this wealth transfer plays out in our area is going to affect our quality of life and regional prosperity. It will also make a big difference in how well our nonprofit sector does, including efforts that support health, education, environment, religion, arts and human services.

NMF has laid the groundwork for this kind of home-spun philanthropy. We promote the creation of community and component funds, which allow active, involved community members to guide the funds that support their favorite causes.

The choice is often stark: Pay high estate taxes and hope against hope that some of the crumbs from the public trough will blow back in our direction---or give to charity here, avoid the taxes, and keep local control of how the money is spent.

Our lives are busier than ever. Unlike the old days when community ties were tight, these days we often don’t know our closest neighbors! If the region’s residents were networked into a philanthropic movement, strong connections would form among neighbors, local organizations, businesses and government.

Millions aren't billions and certainly aren't trillions. But keeping millions of dollars in our communities to be used for charitable purposes is important for our future. The Northwest Minnesota region has private wealth, but we have not been favored by being the home of even one Fortune 500 company or having a locally based, major private foundation, like most other areas of Minnesota.

It would enrich all of us to join together to discover the needs in our community, and then meet those needs with well-planned, wise philanthropy. The upcoming transfer of wealth is going to put a lot of money in play. It could help us build a culture of caring.

We depend on benefactors like the McKnight Foundation, our own endowment of more than $40 million, as well as government, corporate and individual giving. Our region’s understanding of the power of philanthropy is growing. Our component fund numbers have increased from 31 funds in 1997 with assets of $1.3 million, to 259 funds with an impressive value of nearly $12.4 million.

Let’s rise to the opportunity. Eric Bergeson, NMF Board Chair

But frankly, our region’s philanthropic culture is still developing. Too many of our funds are forced to lean heavily upon a

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NMF RESOURCE From the President’s desk…

MARKET CHANGES If we take ourselves out of the game – of stopping our investment in making Northwest Minnesota a better place to live and work – we won’t realize any gains from the eventual market upturn. Northwest Minnesota Foundation’s financial toolkit contains a long-term focus with a diversified portfolio. Our professional management has readied us to take advantage of the simple fact that the market goes up most of the time.

Being Minnesotans, we have learned that snowstorms are as inevitable as the Vikings losing in the playoffs. That's why we stay prepared for snow, keeping an ice scraper, snow brush, jumper cables, and a very warm blanket in the car…some of us year round! But there are more things in life than changing weather conditions that require planning and preparation, and the dreaded market downturn is near the top of that list. Fortunately, the Northwest Minnesota Foundation’s economic vision for the region does not fluctuate on a day to day, month to month, or even year to year basis.

To maximize the opportunity of a down market and to minimize its impact, now is the time to make a gift to support one or more of our endowments. Even a small gift, whatever is within your means, will make a difference.

Having weathered the market correction of 2000, we conducted a thorough review of our investment policy. We knew then that we needed more in our economic toolkit. The result was a more conservative policy written to guide our seasoned investment managers. This new policy supports both fund growth and the grantmaking needs of our funds.

We invite you to read through this Special Giving Edition of RESOURCE and learn about all of the fantastic work that is being done to help communities. Throughout the region, donors have acted on their charitable impulses to make Northwest Minnesota a great place to live, work, have fun, start a business and raise families.

Our fiscal year has obviously gotten off to a stormy start, with the markets down record levels. We anticipate the problems roiling the financial markets will result in negative returns for our endowment investment in the near term. Although we can’t know when the market will rebound, we do know that in order to meet the purpose and mission of the foundation and our component funds, we will perservere through this financial crisis into the next cycle of prosperity. And that actually presents a great opportunity.

Nancy Vyskocil , NMF President

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2008 Special Giving Edition

NMF ENDOWMENTS

Making the Region a Better Place to Live and Work

grants, disbursed in just over a year’s time from endowment earnings on those gifts, totaling $1,018,000.

The Northwest Minnesota Foundation seeks the aid of residents and visitors to Northwest Minnesota who enjoy all that the region has to offer. NMF’s discretionary endowment fund is a permanent source for securing the future prosperity of the region and for enhancing its Quality of Place.

Today, as we face the realities of a nervous economy, we can almost hear the belts tightening and see the turn-off when endowment giving comes up. This is not a surprise. An endowment contribution is traditionally viewed as a way to share a monetary gift, within your means, that is outside of your own immediate needs.

The heart of the foundation’s mission, which guides our work, is to make the region a quality place to live and work. It is supported primarily by our discretionary endowment fund earnings, along with grants from the McKnight Foundation and other funders, support from government agencies, and last but definitely not least, the generosity of donors.

In our own households, we see how putting aside part of our paycheck into a savings account isn’t always an easy thing to do. Planning for retirement, education, or perhaps a vacation is never far from our minds. Still, we know that investing in the future is critical to our stability and security.

These dividends are used to support our programs: leadership training for adults and youth; business finance assistance to enterprises large and small; grants for programs serving youth, the elderly and families, community planning and development, and protecting and preserving our natural resources. NMF also delivers nonprofit excellence training, supports the Minnesota Early Childhood Initiative, and provides philanthropic services for a large and varied number of component funds.

The same goes for investing in the region’s future. You can help by supporting the foundation’s endowment fund with a tax-exempt contribution, with confidence that it will be wisely invested and managed to make a difference in your community -- today and for generations to come.

NMF Service Area

We have targeted the use of our resources by careful, strategic planning based on sound research. What has been affirmed is that we have many outstanding assets – environmental, social, structural and economic. These assets attract people who are seeking places to live. And the places that offer the best combination of amenities for families and workers will continue to grow and thrive. When new friends and partners learn about the broad scope of the foundation’s work and how it is making a difference, they are usually rather surprised by the degree of activity. It may not always be apparent, but effective and prudent use of our resources is impacting every county, its townships and communities. The foundation is helping people where they live by making the region stronger. During the past few years of regional prosperity, positive economic times, and a strong stock market, we experienced a period of unprecedented growth at the foundation. The luxury of increased giving to our component fund endowments has made it possible for residents to benefit from 367

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NMF RESOURCE FUNDS IN ACTION

BEFORE

HRDC SUCCESSFUL COMMUNITIES CHALLENGE FUND

AFTER

A new partnership has revived interest in meeting housing needs in Hubbard County.

single family housing in all four municipalities and possible demand for a subdivision in Nevis.

In 2007, the Hubbard County Housing Partnership, a collaboration of public/private interests, came together to support the Hubbard County Housing and Rehabilitation Authority’s request for a property tax levy to help meet housing needs countywide. The effort was successful, not only in securing a commitment for dollars but in realizing the partnership could do more to meet housing needs.

Because of the ongoing slowdown in the housing market and the emphasis at the state and federal level, Flathers said, there also may be opportunities to renovate and sell foreclosed properties. “The numbers are not that huge, but they are significant enough that there is something we can do in this area if we can get people into newer housing at an affordable price.” The countywide housing study cost $40,000. The Hubbard County HRA levy, Minnesota Housing Partnership, Northwest Minnesota Foundation and the new HRDC Successful Communities Challenge Fund shared in the cost. HRDC Executive Director Cliff Tweedale said the Challenge Fund was started three years ago, an outcome of the HRDC’s looking for a way to be a catalyst for smaller communities to address their issues and make it easier for them to get the job done. “The money was a way for us to prime the pump,” he said.

One result of the partnership’s efforts, a Hubbard County Housing Study, has been completed, providing data and recommendations for action. “Working with an early draft of the study, the partnership also has developed a housing plan to flesh out the parts we can do something about,” said Tim Flathers, Headwaters Regional Development Commission (HRDC) community development director. The study and plan will be critical documents to use when applying for other funding, added Michele Mahowald, Hubbard County HRA director. “We have always known the county has a need for housing, but the study shows an even greater need than we thought,” Mahowald said. For example, the study solidifies the importance of the county HRA’s work in rehabilitating owner-occupied homes.

“The Challenge Fund leverages people to take action without the cost getting in the way,” Tweedale explained. Challenge Fund grants have been given to communities throughout the five-county region the HRDC serves. “The commission was incredibly supportive. It’s been a great deal for us and for our region.”

Flathers concurs the study holds “no huge surprises.” It suggests there is some demand in each community - Park Rapids, Nevis, Akeley and Laporte - to develop multiple family housing and for a small scale assisted living project in Akeley. According to Flathers, the study also shows short-term needs for affordable

In the past, the Challenge Fund awarded grants for work on growth management issues in the Park Rapids area and a city parks plan. The latest grant of $7,500 from the Challenge Fund for the Hubbard County Housing Study prompted a $15,000 grant from the Northwest Minnesota Foundation.

BEFORE

AFTER

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2008 Special Giving Edition

FUNDS OF THE NORTHWEST MINNESOTA FOUNDATION

Northwest Minnesota Foundation funds help individual donors, groups and families act on deeply held values and community commitments. They are established to benefit a specific nonprofit community organization or interest area, and NMF manages the assets. NMF also assists community nonprofits with the important work of building their asset bases and helps organizations further their missions in order to operate with continued success.

one more way that NMF works to develop community assets.

The foundation has also established Community Funds in key areas throughout the region. These funds maintain a local focus and work to address the same needs as the foundation itself, tailored to benefit the individual communities in which they have been set up. This method of “helping communities help themselves” increases donor involvement, encourages local participation, and builds on hometown pride. It’s just

You have the opportunity to support one or more of the following 259 funds, which are described by what or whom they support. They are listed alphabetically by county. We hope that you will identify one of more funds that meet your charitable goals, or you will support the NMF endowment with your gift, using the remittance envelope inserted in this RESOURCE.

Staff is available to work with community groups, individuals and families interested in establishing these funds. Your fund might support a wide range of charitable activities within a defined area and purpose, or it could be designated to a specific charitable beneficiary. Contact Ritchie Houge or Caryl Turnow at 218-759-2057 or 800-659-7859.

NMF FUNDS - LISTED BY COUNTY

Anonymous

BELTRAMI COUNTY

BEMIDJI COMMUNITY THEATER FUND Supports the mission of the Bemidji Community Theater ERNIE RALL CHILDREN'S PERFORMING ARTS FUND Supports programs, projects, activities and organizations in the Bemidji area that help young people to continue their interest in the performing arts EVERETT WILIMEK ENDOWMENT FOR ORCHESTRAL STRING STUDIES Supports young people, ages 8-15, to study the violin, viola, cello, or bass FREDERICK MARSHALL FUND Supports the mission of the Headwaters School of Music and the Arts H.B. AND INA T. ROHOLT FAMILY FUND FOR THE ARTS Supports programs, projects, activities and organizations benefiting arts and education in the Bemidji area NORTH STAR ARTS FUND Supports arts programming for persons with developmental disabilities RICHARD AND PAM NELSON FAMILY FUND FOR THE VISUAL ARTS Supports programs, projects, activities and organizations benefiting visual arts and education in the Bemidji area SANDY KAUL FUND FOR THE ARTS Supports programs, projects, activities and organizations that benefit the Bemidji arts community and complement the purpose of the Bemidji Area Arts Fund

Supports charitable and/or educational purposes within the Bemidji area

Backstrom Family Charitable Fund

Supports qualifying charitable and educational programs, projects, and activities

Baer Family Fund

Provides financial support for community development in Bemidji, scholarships at Bemidji State University, materials for the Bemidji Area Public Library and health care services at North Country Regional Hospital

Beltrami County Historical Society Fund

Supports activities, projects or services to further the mission of the Beltrami County Historical Society

Beltrami Humane Society

Supports activities, projects or services designed to protect and benefit the well-being of domestic animals RALPH AND RUTH SHOEMATE FUND Provides funding for cages and equipment for the cats and dogs

Bemidji Area Arts Endowment & Project Fund

Supports art activities, projects or services and organizations in the Bemidji area BEMIDJI COMMUNITY ART CENTER FUND Supports the promotion and encouragement of all aspects of art in Bemidji and the surrounding area

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NMF RESOURCE NMF FUNDS - LISTED BY COUNTY

Bemidji Area Community Fund

RUTH STENERSON PROJECT SUPPORT FUND Supports enhancements to the Bemidji Area Public Library

Supports charitable, educational and public purpose projects that will enhance or improve the quality of life for residents and/or visitors of the Bemidji area HONOR THE GUARD FUND Supports programs, projects, and activities that honor or support the Minnesota National Guard members from the Bemidji area ROSSELET-HICKEY CHARITABLE FUND Supports specific areas of interest to the Rosselet-Hickey family

Bemidji Curling Fund

Supports programs, projects and activities that encourage participation in the sport of curling

Bemidji Lumberjack Foundation Fund

Supports activities, projects, or services that enhance or improve education and opportunities in the Bemidji school district BEMIDJI ALL SCHOOL REUNION FUND Supports specific activities that will benefit students in the Bemidji school district AMY ANDERSON FUND Provides awards for poetry, creative writing and illustration for Bemidji Middle School students RICK LEE MEMORIAL FUND Supports scholarships to Bemidji High School students pursuing a degree in industrial technology BUCK ROBBINS FUND Supports scholarships to Bemidji High School students involved in athletics BUN & ALVERA FORTIER FUND Supports scholarships to Bemidji High School students who have participated in football or basketball and will participate in intercollegiate athletics DES SAGEDAHL FUND Supports scholarships to Bemidji High School students involved in baseball FOOD SERVICE FUND Supports scholarships to Bemidji High School students pursuing a food service related career GENERAL SCHOLARSHIP FUND Supports scholarships to Bemidji High School students HEIDI BITZER MCCLURE FUND Supports scholarships to Bemidji High School students K.E. "RED" WILSON FUND Supports scholarships to Bemidji High School students who have participated in varsity athletics and are pursuing a physical education degree JOE PLUMMER MUSIC FUND Supports the purchase of jazz related equipment or supplies for the Bemidji school district PAT CAMPBELL MUSIC FUND Supports scholarships to Bemidji High School students participating in Orchestra TOM GARDNER MEMORIAL FUND Supports scholarships to Bemidji High School students pursuing an automotive or industrial technology degree

Bemidji Area Early Childhood Initiative Fund

Supports community projects that benefit children from birth - age 5

Bemidji Area Parks and Trails Fund

Provides financial support for parks, trails, and recreational amenities of the Bemidji area BEMIDJI IN BLOOM FUND Supports Bemidji in Bloom programs and supports participation in the America in Bloom program BEMIDJI SCULPTURE WALK FUND Supports general funding for the Bemidji Sculpture Walk program, to include art placement, acquisition, honorariums, prizes and marketing BEMIDJI WATERFRONT-PAUL AND BABE MAINTENANCE FUND Supports the restoration of the Paul Bunyan and Babe the Blue Ox statues in Bemidji FIRST CITY LIGHTS FUND Supports the First City of Lights festivities at the Bemidji Waterfront FREEDOM DEFENDERS VETERANS' MEMORIAL FUND Supports charitable and educational programs, projects and activities that recognize United States Armed Forces personnel LAKE BEMIDJI WATERFRONT FUND Supports renovation projects and ongoing maintenance of the downtown Bemidji waterfront area

Bemidji Area Public Library Foundation Fund

Supports activities, projects or services designed to benefit the Bemidji Public Library DOROTHY BREEN ENDOWMENT FUND Supports the collection of materials benefiting the visually impaired patrons of the Bemidji Public Library HAZEL I SHIMMIN ENDOWMENT FUND Supports the Bemidji Public Library and/or the Bemidji Public Library Foundation

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2008 Special Giving Edition

NMF FUNDS - LISTED BY COUNTY

ACADEMIC AND CHARACTER SCHOLARSHIP FUND Supports scholarships to students from Blackduck High School

FIRST NATIONAL BANK FUND Supports athletic activities and/or equipment for the Bemidji school district SECURITY BANK USA FUND Supports athletic activities and/or equipment for the Bemidji school district JOHN F. BREEN SCHOLARSHIP FUND Supports scholarships to students from Bemidji High School RAY F. BREEN SCHOLARSHIP FUND Supports scholarships to students from Bemidji High School

Meade Family Fund

Supports charitable and educational programs, projects and activities benefiting educators in Minnesota and North Dakota

Evergreen House Fund

Supports the mission and services of the Evergreen House

Greater Bemidji Outdoor Foundation Fund

Supports building, maintaining, and promoting the use of non-motorized public trails in the Greater Bemidji area

Big Bog State Recreation Area Endowment and Project Fund

Headwaters Regional Development Commission Fund

Supports the development of the Big Bog State Recreation area

Supports activities, services and initiatives of the HRDC HRDC LEADERSHIP FUND Supports leadership-related activities and initiatives of the HRDC

Blackduck Area Community Fund

Supports the growth of Blackduck and the surrounding area

FUNDS IN ACTION

HEARTLAND HOMES Heartland Homes of Park Rapids celebrated its 30th year of providing residential services for people with developmental disabilities this year. During that time, the private nonprofit has expanded from its first home and office on Fair Avenue to four other locations. Heartland Homes now serves 58 clients and employs 60 people. For the past 10 years, Heartland Homes has had a fund with the Northwest Minnesota Foundation. This fund is now part of the Park Rapids Area Community Fund with gifts to the endowment portion receiving a 10 percent matching gift from NMF back to the endowment of the community fund. Heartland Homes’ endowment fund provides financial support for activities, projects or services to further Heartland Homes’ mission and commitment to developmentally disabled individuals. Former administrator Raylene Kimball, who retired last spring, also asked NMF to administer a project fund. Money from fundraisers and some donations were invested here. This past year more than $26,000 was used to make improvements at two locations and to purchase a new, gently used handicapped accessible minivan for clients.

Curt Cannon, who succeeded Kimball when she retired last spring, also utilized the project fund this year for two major maintenance projects. When a pipe burst at one of the residential locations, a section of the concrete slab floor needed to be removed. The home was due for new carpet and linoleum anyway, Cannon said, so $6,000 was spent to replace carpet in the living room, dining area and a stairway and lay new linoleum in the kitchen. Late last fall, windows in the original home and office on Fair Avenue were replaced with Energy Star rated windows. Cannon hopes the newly installed windows will help reduce energy bills this winter. The old windows were difficult to open, which also presented a safety hazard, he said. Another grant from the project fund paid for technology related upgrades. Cannon said he uses interest from Heartland Homes’ $80,000 endowment for minor repairs and purchases. Both funds serve a purpose, Cannon said. This year, the project fund has enabled Heartland Homes to make much needed improvements.

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NMF RESOURCE NMF FUNDS - LISTED BY COUNTY

HRDC SUCCESSFUL COMMUNITIES CHALLENGE FUND Supports communities taking action on critical issues within the Headwaters Region

KELLIHER AREA SENIORS FUND Supports activities, projects or services designed to benefit senior citizens in Kelliher

Supports and furthers the mission of the fellowship

Supports the general operations of the school program and assists with renovations

Headwaters Unitarian Universalist Fellowship Fund

St Mary's Mission School Fund

Heartland Christian Academy Fund

Provides financial support for activities, projects or services that benefit the students, educators, facilities and programs offered by or through the Academy

Troy Nelson Memorial Scholarship Fund

Supports scholarships to students from Bemidji and Cass Lake-Bena

William A. and Eloise E. Nelson Fund

Supports scholarships to Bemidji High School students who have participated in varsity athletics with a demonstration of leadership qualities

James and Sylvia Sande Scholarship Fund

Supports charitable, educational and scientific programs, projects, and activities with preference given to educational or environmental interests

John and Eloise Ostrem Charitable Fund

Supports qualifying charitable programs, projects and activities supporting NMF's Quality of Place Initiative

CLEARWATER COUNTY

Kelliher Area Health Care Fund

Bagley Area Community Fund

Supports health care related activities and projects that benefit residents of the Kelliher area

Supports charitable, educational and public purpose projects that will enhance or improve the quality of life for residents and/or visitors of the Bagley area BAGLEY BEAUTIFICATION FUND Supports community improvement projects that help build a positive and inviting attitude in Bagley BAGLEY EARLY CHILDHOOD INITIATIVE FUND Supports community projects that benefit children from birth – age 5 BAGLEY EDUCATION ENDOWMENT AND PROJECT FUND Supports activities, projects or services that benefit the area students, staff, programs and institutions BAGLEY EDUCATION TECHNOLOGY FUND Supports programs, projects and activities that enhance the technological opportunities for students in the Bagley school district BAGLEY GENERAL SCHOLARSHIP FUND Supports area young people in their post-secondary educational careers NOLA ELLIS MEMORIAL FUND Supports awards to Bagley High School graduates who have overcome significant obstacles and recognizes their outstanding work or performance as a student

Oja Family Fund

Supports qualifying charitable and educational programs, projects and activities

Red Lake Band of Chippewa Indians Community Fund

Supports charitable and public purpose activities and projects that enhance the quality of life on the Red Lake Reservation RED LAKE BAND OF CHIPPEWA INDIANS EDUCATION FUND Supports activities, projects or services that enhance educational opportunities for tribe members and/or to benefit education professionals, programs and institutions serving the tribe RED LAKE BAND OF CHIPPEWA INDIANS RECOVERY AND RENEWAL FUND Supports programs, projects and activities that assist the tribe and others following the March 21, 2005 tragedy RED LAKE TRIBAL INFORMATION CENTER, ARCHIVES, & LIBRARY FUND Supports programs, projects and activities that benefit or that serve to collect, preserve, and make available the history, culture and heritage of the Red Lake Band of Chippewa Indians YOUTH INITIATIVE FUND Provides financial support for programs, projects and activities benefiting or serving the youth of the Red Lake Band of Chippewa Indians

Clearbrook-Gonvick Early Childhood Initiative Fund

Supports community projects that benefit children from birth - age 5

Seniors Trust Fund of Beltrami County Fund

Supports activities, projects or services designed to benefit senior citizens in Beltrami County

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2008 Special Giving Edition

NMF FUNDS - LISTED BY COUNTY

Clearbrook-Gonvick Education Endowment and Project Fund

CLEARWATER HOSPICE FAMILY ROOM PROJECT FUND Supports the construction and maintenance of a private room within the Clearwater County Memorial Hospital for family members of hospice patients CLEARWATER MEMORIAL FUND Supports services, equipment and facilities managed by Clearwater Health Services CLEARWATER HOSPICE FUND Provides funding to ensure the future of the Hospice Program CLEARWATER SENIOR CARE FUND Supports programs, projects and activities benefiting the health care and quality of life needs of seniors living in Clearwater County CLEARWATER EMERGENCY SERVICES FUND Provides programs, equipment and services for emergency services organizations in Clearwater County

Supports activities, projects or services that benefit the area students, staff, programs and institutions in the ClearbrookGonvick school CLEARBROOK-GONVICK SCHOOL PLAYGROUND FUND Provides funding for the playground benefiting the Clearbrook-Gonvick School MARY JO KLINGER SCHOLARSHIP FUND Supports scholarships to graduates of Clearbrook-Gonvick High School who are pursuing post-secondary education OLGA PETERSON SCHOLARSHIP FUND Supports scholarships to graduates of Clearbrook-Gonvick High School who are pursuing post-secondary education THORBECK FIELD FUND Supports development and improvements to the outdoor recreation field at the Clearbrook-Gonvick School

Ruth Edevold Endowment for Excellence

Clearbrook-Gonvick Performing Arts Fund

Supports awards for recognizing leaders, non-profits, businesses and projects in the region

Supports the establishment of a facility for the performing arts in Clearbrook

Upper Mississippi Watershed Fund

Clearwater County Humane Society Fund

Provides current and long-term support for activities that promote awareness of water quality issues and land management challenges

Supports the maintenance and needs of animals housed with the Clearwater County Humane Society

Clearwater Health Care Fund

Wee Care Children’s Center

Promotes programs and projects that enhance quality health care in the community CLEARWATER CANCER SCREENING FUND Provides funding for a portion of medical care for patients with cancer or cancer related illnesses and/or for programs and services

Supports a non-profit childcare center serving Clearwater County

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NMF RESOURCE NMF FUNDS - LISTED BY COUNTY

HUBBARD COUNTY

PARK RAPIDS ROTARY CHARITABLE FUND Supports charitable, educational and public purpose programs, projects and activities benefiting the greater Park Rapids area sponsored by the Park Rapids Area Rotary Club PARK RAPIDS EARLY CHILDHOOD INITIATIVE FUND Supports community projects that benefit children from birth – age 5

Laporte Education Endowment and Project Fund Supports scholarships, activities, projects or services benefiting students, staff, educational programs and institutions from Laporte LAPORTE SCHOOL/COMMUNITY PLAYGROUND FUND Provides funding for the playground benefiting the Laporte school district and greater Laporte community LAPORTE-BENEDICT VFW SCHOLARSHIP FUND Supports scholarships to students from Laporte High School and the Walker-Hackensack-Akeley High School who live in Laporte TONIA JOHANNSEN MEMORIAL FUND Supports scholarships to students in the Laporte school district pursuing education in nursing, social work or community service field; and, for extracurricular activities

Park Rapids Revolving Loan Fund

Supports economic development in the Park Rapids area for business development and/or expansion

Potato Lake Charitable Fund

Supports efforts to protect, preserve and enhance the quality of Potato Lake and its environs

KITTSON COUNTY

Julie Holmquist Memorial Scholarship Fund Supports scholarships to Hallock area students

Park Rapids Area Community Fund

Kittson Memorial Healthcare Center Foundation Endowment and Project Fund

Supports charitable, educational and public purpose projects that will enhance or improve the quality of life for residents and/or visitors of the Park Rapids area FIREWORKS FUND Supports fireworks demonstrations or other patriotic celebrations conducted by the Park Rapids Area Rotary Club HEARTLAND HOMES ENDOWMENT AND PROJECT FUND Supports the Heartland Homes group homes for developmentally disabled individuals HEWITT FAMILY CHARITABLE FUND Provides financial support that focuses on the Park Rapids and Nevis area KINSHIP OF PARK RAPIDS FUND Supports activities, projects or services for a preventive program for children, by matching them with kinship volunteers for adult friendship and role modeling MATTHEW SPANGLER HOCKEY FUND Supports programs, projects and activities associated with the mission of youth hockey programs in the Park Rapids area PARK RAPIDS EDUCATION & ACTIVITIES FUND Promotes strong and healthy educational, fine arts, and athletic programs of Park Rapids

Supports recruitment and retention of health care professionals, skills upgrading for staff and for building and equipment improvements

Luther Younggren Memorial Scholarship Fund

Provides scholarships to students from Lancaster, Kittson, Central and Tri-County area school districts pursuing a postsecondary education in aviation or aviation related fields

LAKE OF THE WOODS COUNTY

Lake of the Woods Area Industrial Development Fund

Supports charitable economic development activities, projects, or services that would benefit Lake of the Woods County LOW- INDUSTRIAL DEVELOPMENT EDUCATION FUND Supports scholarships to students from Baudette who are pursuing post-secondary education in the areas of vocational technology, industrial arts and business LOW- INDUSTRIAL PARK DEVELOPMENT FUND Supports ongoing development, improvements and maintenance of the industrial park property

Lake of the Woods County Historical Society Endowment and Project Fund

*NOTE: Lu Ann Hurd-Lof has asked that donations made in memory of her son, Shawn Lof, be designated to the Park Rapids Area Community Fund. We thank Lu Ann for her generous act.

Supports activities, projects or services to further the mission of the Lake of the Woods County Historical Society

PARK RAPIDS MEMORIAL SCHOLARSHIP FUND Supports scholarships to graduates of Park Rapids schools who have participated in athletics

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2008 Special Giving Edition

NMF FUNDS - LISTED BY COUNTY

Lake of the Woods Early Childhood Initiative Fund

WHITE EARTH OSHKI MANIDOO (NEW SPIRIT) FUND Supports programs, projects and activities that assist or treat Native American youth with behavior or chemical dependency issues

Supports community projects that benefit children from birth - age 5

Lake of the Woods County Humane Society Fund

MARSHALL COUNTY

Supports the maintenance and needs of animals housed with the Lake of the Woods County Humane Society

Eldor and Stella Omdahl Environment and Conservation Fund

Red River Valley Emerging Leadership Fund

Supports rural leadership development and programs that develop and expand leadership skills of people within or associated with the Red River Valley

Supports charitable educational and scientific programs, projects, and activities that benefit environmental and conservation causes

MAHNOMEN COUNTY

Supports community projects that benefit children from birth – age 5

Marshall County Early Childhood Initiative Fund

Mahnomen Area Community Fund

North Valley Health Center Endowment Fund

Supports charitable, educational and public purpose projects that enhance or improve the quality of life in the Mahnomen area MAHNOMEN HEALTH CARE FUND Supports charitable, educational, and health care activities or services benefiting residents of Mahnomen County and the Mahnomen Health Center service area

Supports capital improvements for the facility, equipment purchases, professional education and recruitments

Stephen Area Endowment Fund

Supports charitable, educational and public purpose projects that will enhance or improve the quality of life for residents and/or visitors of the Stephen area

Mahnomen Education Endowment and Project Fund

Warren Senior Center Endowment Fund

Supports essential services and programs for the senior community

Supports activities, projects or services designed to benefit the area students, staff, programs and institutions GENERAL IKE ISAACSON AND MAJOR BRUCE ISAACSON SCHOLARSHIP FUND Supports scholarships to students pursing post-secondary education in geography, social studies, history, or other related fields LESLIE HANSON SCHOLARSHIP FUND Supports scholarships to Mahnomen High School students MILTON HOCKEL NATURAL RESOURCES SCHOLARSHIP FUND Supports scholarships to students pursuing post-secondary education in the field of natural resources NIGHT RIDERS SNO-CLUB SCHOLARSHIP FUND Supports scholarships to students from Mahnomen and Waubun schools

Warren-Alvarado-Oslo Education Foundation Fund Supports preserving and enhancing current education programs and provides scholarships for students pursuing a college education LYLE H ENGELSTAD SCHOLARSHIP FUND Supports scholarships to Warren-Alvarado-Oslo High School students MYRON AND MARGARET CARLSON EDUCATION SCHOLARSHIP FUND Supports scholarships to Warren-Alvarado-Oslo High School students WAO MUSIC ADVANCEMENT FUND Supports music education, performance and other musical opportunities for students in the Warren-Alvarado-Oslo school district

Naytahwaush Area Early Childhood Initiative Fund

Wetlands Pines & Prairie Audubon Sanctuary Endowment Fund

Supports community projects that benefit children from birth - age 5

Supports the activities, projects or services designed to provide on-site and regional environmental education; manages the sanctuary for birds and wildlife species; and, develops demonstration areas for land management practices

White Earth Reservation Community Fund

Supports charitable, educational and public purpose projects that enhance or improve quality of life on the White Earth Reservation

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NMF RESOURCE NMF FUNDS - LISTED BY COUNTY

NORMAN COUNTY

District #593 (Crookston) Education Foundation Fund

Bridges Therapy and Rehabilitation Fund

Supports educational opportunities for the district's students and for scholarships to students pursuing a career in education FRANCES DRIVOLD SPECIAL EDUCATION FUND Supports life skills and vocational programs for developmentally disabled students

Supports the purchase, maintenance and repair of physical therapy, occupational therapy, cardiac rehabilitation equipment, instruments and facilities at Bridges Medical Services in Ada

Laural Capistran Murphy Scholarship Fund

Supports scholarships to students from Norman County who have participated in Norman County 4-H, or similar organizations

East Polk County Fair Scholarship Fund

Norman County East Early Childhood Initiative Fund

Supports scholarships, programs, projects and activities benefiting students from East Polk county

Fertile Area Armed Forces Veterans Fund

Supports community projects that benefit children from birth - age 5

Provides financial support for programs, projects and activities that recognize the commitment, service and sacrifice of United States Armed Forces personnel from the Fertile area

PENNINGTON COUNTY

Full Stride Fund

Fertile-Beltrami Early Childhood Initiative Fund

Supports charitable programs, projects and activities that offer opportunities for young people to participate in developmental activities

First Care Medical Services Fund

Supports community projects that benefit children from birth - age 5

Northland Community and Technical College Strong Youth Fund

Supports the mission and long-term stability of First Care Medical Services FIRST CARE HOSPICE FUND Supports the First Care Medical Services Hospice program

Provides scholarships for participants and financial support for the Northland Community and Technical College Strong Youth Program's projects and activities

Fosston Area Community Fund

Ole and Ruth Tweet Family Fund

Supports charitable, educational and public purpose projects that enhance or improve the quality of life in the Fosston area ARVID CLEMENTSON VETERANS' MEMORIAL FUND Supports charitable and educational programs, projects, and activities that recognize the service of United States Armed Forces personnel from the Fosston area CAMERON BADUREK PEACE AWARD FUND Supports the ‘Cameron Badurek Peace Award’ memorial and a scholarship; and provides funding for “Cam’s Legacy", a program that improves life in the Fosston area DEAN AND JOYCE MCNELLY FAMILY VOCATIONAL SCHOLARSHIP FUND Supports scholarships to Fosston High School students who attended a vocational class and graduated or earned a high school equivalency diploma DEAN CLEMENTSON SCHOLARSHIP FUND Supports Fosston High School students entering into public service careers EAST POLK HERITAGE CENTER FUND Supports programs, projects and activities associated with the mission of the East Polk Heritage Center

Provides financial support for areas of interest to the Tweet family

Robert J. Johnson and Mary L. Johnson Charitable Fund

Supports qualifying charitable and educational programs, projects and activities

Thief River Falls Early Childhood Initiative Fund

Supports community projects that benefit children from birth – age 5

POLK COUNTY

Crookston Area Community Fund Supports charitable, educational and public purpose projects that will enhance or improve the quality of life for residents and/or visitors of the Crookston area CROOKSTON ARENA FUND Support for a multi-use arena facility in Crookston

Crookston Early Childhood Initiative Fund

Supports community projects that benefit children from birth – age 5

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2008 Special Giving Edition

NMF FUNDS - LISTED BY COUNTY

RED LAKE COUNTY

FIRST CARE FOSSTON AREA FUND Supports health care programs, activities, projects, and services benefiting residents and visitors to Fosston and theFirst Care Medical Center service area FOSSTON 21ST CENTURY FUND Supports the Fosston Community Library Arts Association in Fosston and advances cultural, social and civic interests FOSSTON EDUCATION FOUNDATION ENDOWMENT AND PROJECT FUND Supports the students, staff, educational programs and institutions in Fosston FOSSTON LIVESTOCK SHIPPING ASSOCIATION ANIMAL SCIENCE FUND Supports scholarships to Fosston High School students pursuing education in Animal Science JIM MILLER MEMORIAL MATH SCHOLARSHIP FUND Supports scholarships to Fosston High School students pursuing education in mathematics LUVERNE TROGSTAD SCHOLARSHIP FUND Supports scholarships to students and faculty from Fosston High School TERRY STOUT MEMORIAL SCHOLARSHIP FUND Supports scholarships to Fosston High School students pursuing education in an education-related profession, with preference for Social Science and English VIKAN SCHOLARSHIP FUND Supports scholarships to Fosston High School students pursuing higher education in the field of music

Red Lake Falls Area Community Fund Supports charitable, educational and public purpose activities, projects or services that improve the quality of life to residents of the Red Lake Falls area

Red Lake Falls Education Endowment and Project Fund

Supports educational excellence in the Red Lake Falls school district KIM KNAACK MUSIC FUND Supports music or band (with preference given to orchestra) programs, projects and activities in the Red Lake Falls school district KYLE A. MYHRE MEMORIAL FUND Supports an annual scholarship, the Kyle A. Myhre ‘Learn to Fly’ scholarship LESTER NORRIS DALE, MD SCHOLARSHIP FUND Supports scholarships to Red Lake Falls students pursuing education in medically related fields RICHARD BRESNAHAN "LEADERSHIP IN THE ARTS" FUND Supports professional development opportunities for teachers and artists who work primarily in Red Lake Falls and/or in programs for arts education

Two Rivers Area Theatre Endowment and Project Fund

Supports activities, projects or services designed to benefit the cultural, social and civic interests of the area with preference given to the presentation of amateur dramatic productions TWO RIVERS AREA THEATRE SCHOLARSHIP FUND Supports scholarships for Two River Area Theatre participants who are pursuing education in any area of study, particularly for the studies of arts or culture

Full Stride Fund

Supports charitable programs, projects and activities that offer opportunities for young people to participate in developmental activities

OPTIONS Endowment and Project Fund

ROSEAU COUNTY

Assists individuals with disabilities to live independently in the community of their choice

Badger Area Community Fund

Supports charitable, educational and public purpose projects that will enhance or improve the quality of life for residents and/or visitors of the Badger area BADGER EDUCATION FUND Supports programs, projects or activities that enhance and/or promote educational experiences for learners of all ages

Rongen Family Fund

Supports charitable and educational programs, projects, and activities to benefit the larger community

Rydell Refuge Endowment and Project Fund

Promotes a better understanding, appreciation and accessibility to the natural and cultural history, natural environment and wildlife management of the refuge

Greenbush Area Community Fund

Supports charitable, educational and public purpose projects that will enhance or improve the quality of life for residents and/or visitors of the Greenbush area

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NMF RESOURCE NMF FUNDS - LISTED BY COUNTY

THINK PINK BREAST CANCER FUND Supports patients and activities related to breast cancer programs within the communities served by the LifeCare Medical Center

GREENBUSH COMMUNITY EDUCATION FUND Supports activities, projects or services to benefit the area students, staff, educational programs and institutions KEITH AND ELLEN KAPPHAHN FAMILY SCHOLARSHIP FUND Supports annual scholarships to qualified high school students from Greenbush-Middle River and Badger who are pursuing post-secondary education

North Border Interfaith Coalition Fund

Supports the North Border Interfaith Coalition mission

Roseau Area Community Fund

Supports activities, projects or services that will enhance cultural, educational and recreational opportunities in the Roseau area A.J. KRAMER SCHOLARSHIP FUND Supports scholarships to graduates from Roseau who are pursuing their junior or senior year in college or a university, majoring in education, health or physical education, or are earning a coaching certificate CHARLES "NICK" PETERSON MEMORIAL FUND Supports scholarships to Roseau High School seniors; and/or contributes to charitable organizations that assist persons in poverty, youth education, youth athletics, or drug abuse education and rehabilitation FOUR SEASONS SENIOR CENTER ENDOWMENT AND PROJECT FUND Supports nutrition and educational programs for senior citizens in the Roseau community JOSEPH SCHNEIDER SCHOLARSHIP FUND Supports scholarships to students from Roseau High School MALUNG PTO SCHOLARSHIP FUND Supports scholarships to qualified high school students from Roseau who attended Malung Elementary School and are pursuing post-secondary education MARIAN FOLEY MEMORIAL FUND Supports scholarships to students from Roseau High School and grants to the community

LifeCare Health Care Fund

Supports health care and senior living related charitable and educational activities, projects, or services benefiting people in the Roseau LifeCare Medical Center service area EAGLES AUXILIARY DIABETES & DIALYSIS FUND Supports programs and services offered by LifeCare Medical Center that address the diabetic and dialysis needs in the service area LIFECARE GREENBUSH MANOR FUND Supports programs, projects, activities, and facilities related to LifeCare Greenbush Manor LIFECARE HOSPICE FUND Supports the Roseau LifeCare Hospice program LIFECARE ROSEAU MANOR FUND Supports programs, projects, activities and facilities related to LifeCare Roseau Manor and their mission MAGGIE ADAMS MEDICAL EQUIPMENT FUND Supports medical equipment or other related purposes at LifeCare Medical Center PARISH NURSING FUND Supports education, staffing, equipment and activities related to parish nurse programs within the LifeCare Medical Center communities

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2008 Special Giving Edition

NMF FUNDS - LISTED BY COUNTY

MARVIN LARUE MEMORIAL FUND Supports scholarships and programs for music and technical writing to students from Roseau High School ROSEAU ADULT EDUCATION FUND Supports Roseau residents for pursuit of post-secondary education degrees and community education for skills training or enhancement ROSEAU AREA EDUCATION FUND Supports general educational programs, projects and activities of the Roseau School District ROSEAU AREA FRIENDS OF THE LIBRARY FUND Supports programs, projects and activities benefiting the Roseau Area Public Library and the Roseau Area Friends of the Library ROSEAU LIONS CLUB SCHOLARSHIP FUND Supports scholarships to high school students from Roseau for tuition, books or direct educational material expenses ROSEAU PARKS & RECREATION FUND Supports parks, trails, and recreational amenities of the Roseau area WANNASKA PTO SCHOLARSHIP FUND Provides scholarships to students from Roseau who attended Wannaska Elementary School and are pursuing postsecondary education

EDWARD AND AGNES BRANDLI SCHOLARSHIP FUND Supports scholarships to students from Warroad High School pursuing education in engineering careers GAYLORD A. GUNDERSON EDUCATION AND SCHOLARSHIP FUND Supports scholarships to students from Warroad High School; provides funding for purchase or repair of equipment or project improvements to the Warroad High School JENNIFER GROVE MEMORIAL SCHOLARSHIP FUND Supports scholarships to students from Warroad High School pursuing nursing or a health care-related career JUSTIN KNEBEL MEMORIAL FUND Supports scholarships to students from Warroad High School KATIE JO OLAFSON MEMORIAL SCHOLARSHIP FUND Supports the educational programs and activities of the Warroad School District that build self-esteem and traditional family values LEE HAFDAHL MEMORIAL SCHOLARSHIP FUND Supports scholarships to students from Warroad High School with involvement in community activities MARGARET ANN AND PAUL SAMUEL JOHNSON FAMILY CHARITABLE FUND Supports qualifying charitable and educational programs, projects and activities NAPA RIDE TO READING FUND Supports financing of books, programs, projects and activities associated with the Warroad School Libraries NICK MOYER MEMORIAL FUND Supports scholarships to students from Warroad High School and athletic activities NICK MOYER MEMORIAL SCHOLARSHIP FUND Supports scholarships to students from Warroad High School PATRICK O'DONNELL MEMORIAL SCHOLARSHIP FUND Supports scholarships to students from Warroad High School RAINBOW PARK RESTORATION FUND Supports the restoration of the playground area and equipment of Rainbow Park WARROAD CARE CENTER FUND Supports programs, projects and activities associated with the mission of the Warroad Care Center WARROAD EARLY CHILDHOOD INITIATIVE FUND Supports community projects that benefit children from birth - age 5 WARROAD EDUCATION ENDOWMENT AND PROJECT FUND Supports activities, projects or services to benefit the area’s students, staff, educational programs and institutions

Roseau County Historical Society Fund

Provides current and long-term support for the Roseau County Historical Society

Warroad Area Community Fund

Supports charitable, educational and public purpose projects that will enhance or improve quality of life in the Warroad area ANN AND LES HENDERSON MEMORIAL FUND Supports scholarships to students from Warroad High School pursuing post-secondary technical education BETTY BAHNMILLER MEMORIAL FUND Provides scholarships to former Warroad students who are past and present members of a U.S. Navy UDT/SEAL team BRUCE AND ELLEN ATWATER EDUCATION FUND Supports scholarships to graduates of Warroad High Schoolwho are pursuing education in a health care profession and provides funding for programs, projects and activities that support interest in the profession DORRANCE H. JOHNSTON SCHOLARSHIP FOR ENGINEERING FUND Supports scholarships to students of Warroad High School in their final year in post-secondary education with a major in engineering

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NMF RESOURCE NMF FUNDS - LISTED BY COUNTY

WARROAD POINT AREA RESTORATION AND COMMUNITY RECOVERY FUND Supports public and private restoration efforts that help people and businesses recover and restore tourism to the Point area following the tornado of 2006 WARROAD SWIM PROGRAM FUND Supports programs, projects and activities associated with or supplementing the Warroad Public Schools swim program or the Warroad Outstanding Warriors WARROAD WOMEN OF TODAY COMMUNITY PROJECT FUND Supports projects that foster and cultivate Women of Today's values of service, growth and fellowship within the community

WARROAD FARMER'S UNION OIL COMPANY SCHOLARSHIP FUND Supports scholarships to students from Warroad High School pursuing agriculture or agriculture related business education careers WARROAD HERITAGE CENTER FUND Supports programs, projects and activities associated with the mission of the Warroad Heritage Center WARROAD LOST RIVER SPORTSMEN COMPLEX FUND Supports acquisitions and maintenance of equipment andfacilities and charitable activities at the Lost River Sportsmen Complex WARROAD MEMORIAL ARENA FUND Supports charitable activities or projects that will enhance or improve the Warroad arena

NMF REGIONAL FUNDS

Courage Center Programs and Camps Fund

career as a conservation officer from Bemidji, Blackduck, Deer River, Laporte, Cass Lake-Bena, Grand Rapids-Big Fork and Walker-Hackensack-Akeley school districts

Supports programs, projects, activities or services that further the mission of the Courage Center

Northwest Minnesota Women's Fund

Giziibii Resource Conservation & Development Fund

Supports activities, projects, services or programs that improve the quality of life and strengthens and empowers women and girls in the region NORTHWEST MINNESOTA WOMEN'S SCHOLARSHIP FUND Supports scholarships for women who reside within the 12 counties of the region, who are pursuing a degree at one of the region's public higher learning UNIVERSITY OF MINNESOTA CROOKSTON WOMEN'S SCHOLARSHIP Supports scholarships for women who reside with the 12 counties of the region and are pursuing a degree at the University of Minnesota Crookston

Supports activities, projects or services that balance growth of the economy and wise stewardship of natural resources, in support of the mission of the Giziibii RC&D service area

Hopes, Dreams and Smiles Fund

Supports children from North Dakota and Minnesota with a life threatening illness with the opportunity to enjoy a special event or other activity that will have a positive impact on them

Ingenuity Frontier Fund

Supports activities and projects that enhance or improve the applied engineering and manufacturing capacity in northwest Minnesota

Red River Valley Emerging Leadership Fund

Leonard J. Kucera Memorial Scholarship Fund

Supports rural leadership development and programs that develop and expand leadership skills of people within or associated with the Red River Valley

Supports scholarships to students from International Falls, Indus, Littlefork-Big Falls and Northome

Major Robert Olson Fund

Support for charitable and educational programs, projects, activities or services benefiting the Littlefork-Big Falls Public School District and for scholarships to Littlefork-Big Falls school district students

Mike Staples Memorial Scholarship Fund

Supports scholarships to students interested in pursuing a

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2008 Special Giving Edition Online Giving at www.nwmf.org

ONLINE GIVING

MasterCard or Discover. You can support any NMF fund in an easy, short process. Gifts are tax deductible because NMF is a 501(c)(3) public charity that administers and manages all the funds.

There are four ways to find a fund from the NMF home page. NMF offers convenient, secure online giving using your Visa,

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NMF RESOURCE FUNDS IN ACTION

PARK RAPIDS AREA COMMUNITY FUND Nearly 200 5- to 12-year-olds and their families found shelter from the rain and sun at the baseball fields in Park Rapids last summer. Dads, moms and local businesses pitched in to build a concession stand/restroom building at the Century School fields in time for the season opener in mid-May. Gary Shaw, a dad and licensed contractor/owner of Up North Construction, supervised construction and provided tools to put up the 24x24-foot structure with his and her restrooms, a concession area and some storage space. A 24x24-foot covered picnic area is attached for shelter from the sun and rain. “It was a long way to the school building facilities,” said Jay Eystad, another parent/volunteer. The distance added to the expense of bringing water and electricity to the site, but Arvig Communication Systems, the local telephone and Internet service provider, buried the utility lines for a fraction of the cost and local electricians from Hoffman Electric wired the facilities at cost.

square-foot medical office addition to the hospital that provides common access to both the clinic and hospital. A grant of $3,750 to the Headwaters Regional Development Commission provided staff time for a report to help Progress Park Rapids assess the progress the community is making in key areas, and to challenge the Park Rapids community to work on the issues most important to its future success. Art Leap 2008 received a $935 grant toward the cost of promoting this event, sponsored by the Park Rapids Lakes Area Arts Council. Bickey Bender, one of the artists at 14 studios and other cultural destinations on this fall driving tour, reported Art Leap brought 150 visitors to her studio during the weekend. Another artist commented, “It was my most profitable weekend this year.”

“We have a minimum of $25,000 into the structure, but we really have something to show for where the money all went,” Eystad said. “Getting a grant was fantastic. Having the facilities has made a night and day difference.” This fall, parents planted donated trees so someday there will be more shade. In addition to Summer Youth Baseball, the Park Rapids’ girls softball and boys baseball programs used the concession stand. Having a place to sell hot dogs, hamburgers and soft drinks allows them all to raise money for youth activities. Parents and supporters of Park Rapids Summer Youth Baseball went to bat for the young people in the community and are only one group to receive support from the Park Rapids Area Community Fund (PRACF) in 2008. The Hewitt Family Fund, a component of the PRACF, also contributed $25,000 to the Helping Our Area Grow Healthier campaign of St. Joseph’s Area Health Services. The St. Joseph’s Foundation raised part of the $28 million cost of a building and renovation project to provide a unique medical care facility to serve area patients. In December, St. Joseph’s Area Health Services and Innovis Health Park Rapids celebrated the opening of a 50,000-

A $500 grant from the PRACF went to the Park Rapids Schools Wind Energy Project. A small wind turbine was installed at Century School May 2 and as of Oct. 31, it has generated the equivalent of the energy required to power 234 homes for one day. The goals of the project are to reduce utility costs for the

19


2008 Special Giving Edition

FUNDS IN ACTION

PARK RAPIDS AREA COMMUNITY FUND school district, provide hands on learning opportunities for area students, promote understanding and growth in the alternative energy industry, reduce harmful pollutants and gather local data to determine cost effectiveness of future wind energy projects. Live data from the wind turbine can be viewed via the school Website at parkrapids.k12.mn.us. When the Park Rapids Rotary Club picked up responsibility for the community’s 4th of July fireworks, members learned giving patterns have changed and the club needs to find other sources of revenue. A donation of more than $4,000 from the Hewitt Family Fund helped this year. The fireworks are a huge part of the community’s Independence Day celebration and the project has been designated as the Rotary Club’s signature event, aside from its commitment to humanitarian and other endeavors. The Park Rapids Area Community Fund was established in 2006 with a goal of establishing a $1 million endowment. Mark Hewitt, who chairs the advisory committee, said building the endowment is in hiatus for a time, but some donations and pledges have been received and the committee has established five priority areas for giving once the endowment is in place. The priority areas are education and youth, community character, recreation and cultural opportunities, health care and expanding leadership.

Hewitt is well aware of the difference even a small grant can make when nonprofits and other community groups are starting new projects. The donor advised Hewitt Family Fund is currently granting money in areas that a broader fund would cover. With a $1 million endowment, the PRACF could grant $50,000 a year. As the advisory committee meets with potential donors, they also are prepared to talk about the PRACF’s component funds. In addition to the Hewitt Family Fund, these subfunds include the Park Rapids Education and Activities Foundation, Park Rapids Memorial Scholarship Fund, Matthew Spangler Hockey Fund, Heartland Homes, Park Rapids Area Kinship and Park Rapids Rotary Charitable Fund. “If someone wants to give back to the community, now there is a place to do it,” Hewitt said. With NMF providing structure and staff support, there is “commonality and coordination, giving people more choices in their giving.” The PRACF advisory committee also encourages new groups to go to NMF to see if they wish to become part of the fund. Endowment gifts to all of the subfunds and to the general endowment receive a 10 percent matching gift from NMF that is designated for the general endowment.

“We are not looking to replace existing sources of funding nor to provide annual operating expenses,” Hewitt explained. “The advisory committee will invite grant applications that are more project based. The challenge is to use the money where it can make a difference.”

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NMF RESOURCE Will Bequests

WAYS TO MAKE PLANNED GIFTS

Each year Northwest Minnesota Foundation is informed of people leaving a bequest to the foundation or one of its component funds in their will. We are very grateful to them for including us in their final decisions and will work hard to advance their vision and hope for our region.

Having a will is important for more than just distributing assets upon your death! A will represents your last opportunity to meet charitable goals, reinforce your values, and help make a difference in the lives of family members and your community.

If you are considering including NMF or any of our component funds in a will bequest you have three options.

Here are some reminders regarding the importance of having an up-to-date will:

1. Specify an amount or item to be bequeathed to the foundation or to be allocated to a NMF named component fund. 2. A percentage or residue of your estate – the amount that is left after the bills are paid and specific bequests have been made may be designated to the foundation or allocated to a NMF named component fund. 3. Name the foundation or a NMF named component fund as a contingent beneficiary, in the event the primary beneficiary or situation has passed or no longer exists.

Wills help fulfill everyone’s dreams, not just the wealthy. Wills don’t take care of dollars; they take care of wishes and desires by allocating your assets to family and organizations according to your plans. Wills make good things happen. Dying without an up-to-date will means that someone else will make decisions for you, including the State of Minnesota. Even family members might not know your exact goals or intentions. Wills save money. Everyone agrees that the more you plan for the future, the easier it is. Wills are an effective, affordable planning tool that will save time and expense in the administration of your estate. Wills are the only way you can preserve a final legacy. Your will gives you the opportunity to transfer the values that are important to you. And one of the best ways to leave a legacy is to make charitable bequests in your will.

It is easy to understand why many individuals consider a charitable bequest the perfect way to make a gift. Without parting with any of your assets today, you can make provisions that will help your family and your favorite charitable organizations in the future.

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2008 Special Giving Edition

WAYS TO MAKE PLANNED GIFTS

A simple and effective way to meet two objectives is the tried and true charitable gift annuity. Dating back to the early years of our country, the charitable gift annuity represents a way to make a gift to charity while providing lifetime income for the donor.

gifts of real estate to charities. The new transfer on death deed permits an owner of real property to execute and record a deed that conveys the real property to a beneficiary effective upon the death of the owner. Some key aspects of the transfer on death deed:

Charitable Gift Annuities

The property passes to the designated beneficiary regardless of whether the property is addressed in a will. An owner may change beneficiaries or revoke the deed any time prior to his or her death by executing and recording a new transfer on death deed or revocation.

A charitable gift annuity is a simple, contractual agreement between a donor and NMF, in which assets are given to us in exchange for our promise to pay one or two annuitants fixed payments for life. By donating through a gift annuity, you: (1) contract for a fixed payment for yourself, or yourself and another individual if you choose, and (2) make a gift to NMF. If you itemize deductions on your tax return, savings from the charitable deduction reduces the net cost of the gift.

Working with local legal counsel, a donor recently used a transfer on death deed to gift their home to NMF benefiting two Fosston area component funds.

Annuity payments and charitable deductions are determined based on the ages of the annuitants. NMF is a sponsor of the American Council on Gift Annuities and uses the rates recommended by the Council.

As with any gifts of real estate, it is very important to inform NMF about your real estate gift intentions. NMF has a policy requiring its Board to formally accept real estate gifts, which requires a review of the property by foundation staff.

New Planned Giving Tool for Gifts of Real Estate The State of Minnesota has made it easier for people to make

IRA ROLLOVER PROVISION

IRA Rollover Provision Reinstated through 2009

The provision will be made retroactive to January 1, 2008, and will apply to gifts made from that date through December 31, 2009. The following limitations apply:

There's good news for individuals aged 70 ½ or older with individual retirement accounts. Thanks to the two-year extension of the IRA Rollover provision in the Financial Rescue Package recently signed into law, you can once again make outright gifts using IRA funds without tax complications.

The donor must be age 70 ½ or older. The cap on annual IRA rollovers is $100,000. The contribution must be a direct gift to a charity (no planned gifts). As you think through your estate giving plans, or wish to learn more about the gift options mentioned here, we encourage you to visit our Planned Giving Guide website at www.nwmf.org or contact Ritchie Houge, Vice President for Philanthropic Services.

CREDITS

If you are required to receive minimum distributions from your IRA and you do not need the money for personal use, consider using those funds as a charitable gift. While you cannot claim a charitable deduction for the IRA gifts, you will not pay income tax on the amount.

DESIGN: JONES GRAPHICS

ARTICLES & PHOTOS: LU ANN HURD LOF

EDITOR: LISA PETERSON

PHOTOS: MONTE DRAPER, MISTIE JONES

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NONPROFIT ORG. U.S. POSTAGE

PAID

BEMIDJI, MN 56601 PERMIT NO. 36

4225 Technology Drive NW Bemidji, MN 56601 CHANGE SERVICE REQUESTED

NMF 12 County Service Area

www.nwmf.org Northwest Minnesota Foundation CONTACT US: 218-759-2057 • 800-659-7859 • FAX 218-759-2328 • nwmf@nwmf.org


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