2018 Annual Report

DONORS & NEW COMPONENT FUNDS

A NOTE FROM OUR BOARD CHAIR During my tenure on the Board and in the past year serving as Chairman, it’s been remarkable to see the dedication of not only Northwest Minnesota Foundation (NMF) staff, but the partners and community leaders they work with every day to make a difference for our region.

3,807 TOTAL DONORS

$

Quality of Place is now embedded in our mission.

$4,246,930 TOTAL DONATIONS

As we build upon the great successes of Quality of Place we plan to be bolder and more focused—to have an even greater impact on the region we call home.

Living our values of strategic collaboration, integrity and responsibility, and boldly making a difference, our work will be driven by an all-encompassing purpose: building better lives.

Working towards this purpose we’ll be offering expanded resources, new tools and enhanced solutions that enable individuals and communities to reach their full potential.

410 TOTAL FUNDS

For fifteen years the Northwest Minnesota Foundation and our community and component funds have been the seed capital for projects to move forward through loans, grants and other funding. Last year, in addition to the grants awarded by NMF, the component and community funds provided over $1.8M in grant making—providing a direct impact on our region and your communities. I ask that as citizens of the region, you consider the NMF endowment in your gifting.

$1,811,910 529 COMPONENT FUND GRANTS *A complete list of FY18 Donors, Financials & Board Members is found on our website at www.nwmf.org under “About Us.”

A gift to the NMF endowment means that local dollars will be available for reinvestment in local initiatives for years to come.

I am energized by the rollout of the Foundation’s new programs and focus on Building Better Lives. I invite you to join us as we continue to make our region vibrant with thriving economies and quality amenities. Thank you for choosing to live and work here and for your support!

11 NEW FUNDS Angel Baby Fund Bad Axe Lake Charitable Fund Cynthia L. Renfrow Endowment Fund Cynthia L. Renfrow Community Projects Fund Darlene “Sue” Olson Dickson and Everett James Olson Scholarship Fund Fertile Lions Scholarship Fund Larry and Ila Hagen Family Scholarship Fund Marion Dessert Memorial Fund Olson Charitable Fund Warroad Entrepreneur Incubator Fund

201 3rd Street NW, NW Bemidji, MN 56601 201 3rd Street Bemidji, MN 56601

Casstaway Charitable Fund

Sincerely,

Our Mission:

The Northwest Minnesota foundation invests resources, facilitates collaboration and promotes philanthropy to make the region a better place to live and work.

ANNUAL REPORT

July 1st, 2017 – June 30th, 2018

Pete Haddeland

ECONOMIC DEVELOPMENT

COMMUNITY SPOTLIGHT: HALLOCK

CHILD CARE

THE NUMBERS

Golden Sun is a one-of-a-kind food truck that is catching many people’s attention around Bemidji and surrounding communities.

They specialize in Filipino egg rolls, and a menu that rotates a variety of Filipino dishes depending on the day. Renzo Alia and Dennice Permites cook each meal fresh to order. The couple opened Golden Sun in the spring of 2018.

The City of Hallock underwent a strategic planning process in 2015. A downtown revitalization group called Hallock Main Street (HMS) was created to address community priorities. The projects identified by the group are a shining example of what the Northwest Minnesota Foundation and its services can bring to a community. “It is our goal to make Hallock a better place to work and live. We believe this project will help do that,” says David Treumer, mayor of Hallock.

Child Care became a large focus of NMF’s day to day internal and community conversations as we moved forward with our new strategic plan. The program seemed to take on a life of its own as we introduced the Child Care Finance Program.

Total Assets: $74,567,715

NMF granted the prison doula project $20,000 to partner with the Beltrami County Jail and Beltrami County Health and Human Services to create pregnancy and parenting education and support for incarcerated women and girls.

A true collaboration across NMF programs and philanthropic services were at play through this process. The Hallock Area Community Fund (HACF) was established, so that donors can make a charitable contribution and keep the impact LOCAL. NMF has granted $25,000 to the HMS group to invest in their efforts to improve natural resources and green space throughout the town. HMS also utilized the Hallock Revitalization Fund, a subfund of the community fund to provide an opportunity for donors to support—tax free—the work of the Main Street committee.

The group has been actively visioning, researching, engaging the community, strategizing and pursuing business development, while prioritizing quality of life. In 2017, there were six empty, rundown buildings in the downtown. Today, there is only one left. The rest have either be torn down and converted into green space or renovated to be used for new business opportunities.

Every inmate’s experience is different and complex. Many of these women are victims of their circumstances; they are vulnerable to abuse, poverty and addiction. In order to uplift these women and help create a new path for themselves and their children, it’s important to meet them where they’re at, and provide them with resources and a sense of hope. What happens in the home makes a dramatic impact on the trajectory of a child’s life, and the Minnesota Prison Doula Project believes healthy children are raised by empowered mothers.

In 2016, brewery Revelation Ale Works opened in a historical building that was slated to be torn down and has had tremendous success in drawing residents and visitors from all over to downtown Hallock; so much that the owners recently came back to partner with NMF’s lending team to plan an expansion for the brewery.

The work being done in Hallock is a great example of how NMF plans to help other communities through the new Communities Thrive program. It will take the collaboration of many entities and a touch of creativity to find solutions to the issues that our residents are dealing with throughout the region. Hallock is showing us that it’s possible.

PHILANTHROPIC SERVICES The Warren Area Community Fund (WACF) held an open house on May 24, 2018 to celebrate the grand opening of the pool house at the Holiday Park swimming pool. The well-attended event highlighted the work of the community fund, the city of Warren, and the partners that were important in making this project happen.

Without leadership, vision, and supportive donors, this project would not have happened. The pool house includes showers, dressing rooms, and is handicap accessible. This addition to the Holiday Park swimming pool adds safe and accessible amenities for all Warren area families to enjoy.

3.31%

Investment Income $ 4,015,075

The Minnesota Prison Doula Project started in 2006 with a mission to provide pregnancy and parenting support for incarcerated women. They provide birth support from trained doulas, as well as group-based and individual education and support to pregnant women and mothers. The goal is to nurture healthy mother-child relationships and increase parenting confidence and skills.

Program ContribuAons $2,447,144

GRANT PROGRAMS

NMF was also awarded a grant from the Blue Cross Blue Shield Foundation helping us reach new and existing child care providers to help them recognize the importance of social emotional learning for the children in their care. This grant covers the counties of Hubbard, Beltrami, Clearwater, Mahnomen, Red Lake Nation and White Earth Nation. In addition to these communities, the goal of facilitating conversations revolving around the child care dilemma has exceeded our expectations as we are now, or are scheduled to be, actively working in Hallock, Roseau, Warroad, Blackduck, Thief River Falls, Fosston, Park Rapids and Bemidji.

Endowment ContribuAon $2,356,918

To read more about this success story, please visit www.nwmf.org/annualreport— where you will find full versions of each story featured in the annual report.

Thanks to the funding we received through a DEED grant, we’ve made progress by creating more child care slots throughout the region and recognizing existing providers for their professionalism and entrepreneurial spirit. We are working closely with First Children’s Finance to help all child care providers learn more about the business side of their programs. We are also working with Child Care Aware and Parent Aware to encourage a high standard of quality care for our region’s children and families.

Other $302,662

After being turned down by a number of banks, they sought help from the Small Business Development Center (SBDC). SBDC consultants were able to come up with a viable business plan for Golden Sun and came to the Northwest Minnesota Foundation for a loan through the Entrepreneur Development Program.

As of June 30th, 2018

25.84%

26.83%

44.02%

EXPENSES Programs Administration Fund Raising

$4,565,995 $937,907 $237,967

Total

$5,741,869

GRANTS Caring Communities Community Connections Community Planning Natural Resources IDEA Competition

$118,000 $57,000 $152,500 $57,000 $33,000

NONPROFIT TRAINING & LEADERSHIP Nonprofit Assessment & Technical Assistance

$25,000

ECONOMIC DEVELOPMENT Business Finance Entrepreneur Development Business Technical Assistance Total

$990,815 $354,221 $47,451 $1,392,487

DONORS & NEW COMPONENT FUNDS

A NOTE FROM OUR BOARD CHAIR During my tenure on the Board and in the past year serving as Chairman, it’s been remarkable to see the dedication of not only Northwest Minnesota Foundation (NMF) staff, but the partners and community leaders they work with every day to make a difference for our region.

3,807 TOTAL DONORS

$

Quality of Place is now embedded in our mission.

$4,246,930 TOTAL DONATIONS

As we build upon the great successes of Quality of Place we plan to be bolder and more focused—to have an even greater impact on the region we call home.

Living our values of strategic collaboration, integrity and responsibility, and boldly making a difference, our work will be driven by an all-encompassing purpose: building better lives.

Working towards this purpose we’ll be offering expanded resources, new tools and enhanced solutions that enable individuals and communities to reach their full potential.

410 TOTAL FUNDS

For fifteen years the Northwest Minnesota Foundation and our community and component funds have been the seed capital for projects to move forward through loans, grants and other funding. Last year, in addition to the grants awarded by NMF, the component and community funds provided over $1.8M in grant making—providing a direct impact on our region and your communities. I ask that as citizens of the region, you consider the NMF endowment in your gifting.

$1,811,910 529 COMPONENT FUND GRANTS *A complete list of FY18 Donors, Financials & Board Members is found on our website at www.nwmf.org under “About Us.”

A gift to the NMF endowment means that local dollars will be available for reinvestment in local initiatives for years to come.

I am energized by the rollout of the Foundation’s new programs and focus on Building Better Lives. I invite you to join us as we continue to make our region vibrant with thriving economies and quality amenities. Thank you for choosing to live and work here and for your support!

11 NEW FUNDS Angel Baby Fund Bad Axe Lake Charitable Fund Cynthia L. Renfrow Endowment Fund Cynthia L. Renfrow Community Projects Fund Darlene “Sue” Olson Dickson and Everett James Olson Scholarship Fund Fertile Lions Scholarship Fund Larry and Ila Hagen Family Scholarship Fund Marion Dessert Memorial Fund Olson Charitable Fund Warroad Entrepreneur Incubator Fund

201 3rd Street NW, NW Bemidji, MN 56601 201 3rd Street Bemidji, MN 56601

Casstaway Charitable Fund

Sincerely,

Our Mission:

The Northwest Minnesota foundation invests resources, facilitates collaboration and promotes philanthropy to make the region a better place to live and work.

ANNUAL REPORT

July 1st, 2017 – June 30th, 2018

Pete Haddeland

ECONOMIC DEVELOPMENT

COMMUNITY SPOTLIGHT: HALLOCK

CHILD CARE

THE NUMBERS

Golden Sun is a one-of-a-kind food truck that is catching many people’s attention around Bemidji and surrounding communities.

They specialize in Filipino egg rolls, and a menu that rotates a variety of Filipino dishes depending on the day. Renzo Alia and Dennice Permites cook each meal fresh to order. The couple opened Golden Sun in the spring of 2018.

The City of Hallock underwent a strategic planning process in 2015. A downtown revitalization group called Hallock Main Street (HMS) was created to address community priorities. The projects identified by the group are a shining example of what the Northwest Minnesota Foundation and its services can bring to a community. “It is our goal to make Hallock a better place to work and live. We believe this project will help do that,” says David Treumer, mayor of Hallock.

Child Care became a large focus of NMF’s day to day internal and community conversations as we moved forward with our new strategic plan. The program seemed to take on a life of its own as we introduced the Child Care Finance Program.

Total Assets: $74,567,715

NMF granted the prison doula project $20,000 to partner with the Beltrami County Jail and Beltrami County Health and Human Services to create pregnancy and parenting education and support for incarcerated women and girls.

A true collaboration across NMF programs and philanthropic services were at play through this process. The Hallock Area Community Fund (HACF) was established, so that donors can make a charitable contribution and keep the impact LOCAL. NMF has granted $25,000 to the HMS group to invest in their efforts to improve natural resources and green space throughout the town. HMS also utilized the Hallock Revitalization Fund, a subfund of the community fund to provide an opportunity for donors to support—tax free—the work of the Main Street committee.

The group has been actively visioning, researching, engaging the community, strategizing and pursuing business development, while prioritizing quality of life. In 2017, there were six empty, rundown buildings in the downtown. Today, there is only one left. The rest have either be torn down and converted into green space or renovated to be used for new business opportunities.

Every inmate’s experience is different and complex. Many of these women are victims of their circumstances; they are vulnerable to abuse, poverty and addiction. In order to uplift these women and help create a new path for themselves and their children, it’s important to meet them where they’re at, and provide them with resources and a sense of hope. What happens in the home makes a dramatic impact on the trajectory of a child’s life, and the Minnesota Prison Doula Project believes healthy children are raised by empowered mothers.

In 2016, brewery Revelation Ale Works opened in a historical building that was slated to be torn down and has had tremendous success in drawing residents and visitors from all over to downtown Hallock; so much that the owners recently came back to partner with NMF’s lending team to plan an expansion for the brewery.

The work being done in Hallock is a great example of how NMF plans to help other communities through the new Communities Thrive program. It will take the collaboration of many entities and a touch of creativity to find solutions to the issues that our residents are dealing with throughout the region. Hallock is showing us that it’s possible.

PHILANTHROPIC SERVICES The Warren Area Community Fund (WACF) held an open house on May 24, 2018 to celebrate the grand opening of the pool house at the Holiday Park swimming pool. The well-attended event highlighted the work of the community fund, the city of Warren, and the partners that were important in making this project happen.

Without leadership, vision, and supportive donors, this project would not have happened. The pool house includes showers, dressing rooms, and is handicap accessible. This addition to the Holiday Park swimming pool adds safe and accessible amenities for all Warren area families to enjoy.

3.31%

Investment Income $ 4,015,075

The Minnesota Prison Doula Project started in 2006 with a mission to provide pregnancy and parenting support for incarcerated women. They provide birth support from trained doulas, as well as group-based and individual education and support to pregnant women and mothers. The goal is to nurture healthy mother-child relationships and increase parenting confidence and skills.

Program ContribuAons $2,447,144

GRANT PROGRAMS

NMF was also awarded a grant from the Blue Cross Blue Shield Foundation helping us reach new and existing child care providers to help them recognize the importance of social emotional learning for the children in their care. This grant covers the counties of Hubbard, Beltrami, Clearwater, Mahnomen, Red Lake Nation and White Earth Nation. In addition to these communities, the goal of facilitating conversations revolving around the child care dilemma has exceeded our expectations as we are now, or are scheduled to be, actively working in Hallock, Roseau, Warroad, Blackduck, Thief River Falls, Fosston, Park Rapids and Bemidji.

Endowment ContribuAon $2,356,918

To read more about this success story, please visit www.nwmf.org/annualreport— where you will find full versions of each story featured in the annual report.

Thanks to the funding we received through a DEED grant, we’ve made progress by creating more child care slots throughout the region and recognizing existing providers for their professionalism and entrepreneurial spirit. We are working closely with First Children’s Finance to help all child care providers learn more about the business side of their programs. We are also working with Child Care Aware and Parent Aware to encourage a high standard of quality care for our region’s children and families.

Other $302,662

After being turned down by a number of banks, they sought help from the Small Business Development Center (SBDC). SBDC consultants were able to come up with a viable business plan for Golden Sun and came to the Northwest Minnesota Foundation for a loan through the Entrepreneur Development Program.

As of June 30th, 2018

25.84%

26.83%

44.02%

EXPENSES Programs Administration Fund Raising

$4,565,995 $937,907 $237,967

Total

$5,741,869

GRANTS Caring Communities Community Connections Community Planning Natural Resources IDEA Competition

$118,000 $57,000 $152,500 $57,000 $33,000

NONPROFIT TRAINING & LEADERSHIP Nonprofit Assessment & Technical Assistance

$25,000

ECONOMIC DEVELOPMENT Business Finance Entrepreneur Development Business Technical Assistance Total

$990,815 $354,221 $47,451 $1,392,487