Form 990 for tax year 2024

Totals

Total revenue

$4,589,669

Total expenses

$2,737,521

Contributions and grants received

$3,861,238

Grants paid

$1,596,017

Program service revenue

$508,709

Investment income

$224,779

Other revenue

-$5,057

Total assets, end of year

$9,305,594

Total liabilities, end of year

$523,950

Net assets or fund balances, end of year

$8,781,644

Program services expenses (Part IX)

$2,529,116

Management and general expenses

$181,961

Fundraising expenses

$26,444

Program service expenses (Part III)

$2,529,116

Program services were 92.4% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Mission and programs · 2024

• Organizational EffectivenessImpact and its supporting organization, Achievements Unlimited Foundation (collectively the "Foundations"), recognize that many nonprofit organizations often lack the expertise and financial resources to invest in organizational assessments, strategic planning and highly effective fundraising training to ensure their organization's effectiveness and long-term sustainability. The Foundations partnered with Dakota Medical Foundation, an unrelated nonprofit organization, through the Impact Institute (Institute) to provide support, education, training, and coaching sessions for nonprofit partner organizations. Since inception in 2005, the Institute has trained nonprofit executives and directors from over 500 nonprofit organizations in Institute leadership and fundraising concepts.Nonprofit Board and Management TrainingTraining boards and key management personnel to operate their organizations in a highly effective and efficient manner is a key education focus for the Foundations. In 2024, the Institute helped readily-equip over 600 charitable organizations to grow and operate more efficiently in order to support their missions. With an emphasis on connecting with fellow charities, organizations are invited to participate in training opportunities. These courses cover a wide variety of topics, ultimately equipping the charities with a broader understanding of fundraising. Charities were able to learn and grow in person and online. Grant Writing Services Since 2002, the Foundations have supported grant writing assistance for health-related nonprofit organizations to generate additional financial resources for their programs. Since the formal addition of grant writing assistance, the Foundations and other regional nonprofit organizations have secured over $24.6 million in grant funding.

  Expenses $500,048 · Revenue $55,000

• Economic DevelopmentThe Foundations support the economic development of North Dakota communities by initiating and funding various initiatives directed at assisting small businesses located in North Dakota.In 2007, Impact entered into a 30-year, $750,000 loan commitment with the USDA Office of Rural Development under its Intermediary Relending Loan Program (IRP). Impact committed an equity contribution of $187,500, equaling a total loan pool of $937,500, available to qualifying North Dakota businesses at low interest rates. Dakota Business Lending (DBL), formerly Dakota Certified Development Corporation, provided a grant to Impact to meet the equity requirement under the terms of the USDA loan. DBL manages the day-to-day operations of the IRP under an agreement with Impact.Since inception, Impact has provided eleven (11) loans to small businesses in rural communities, equaling more than $1,416,942. As of December 31, 2024, Impact had (1) loan outstanding with a total IRP Loans Receivable balance of $240,530, included in Part X, Line 13, Investments - Program Related and Schedule D Part VIII.

  Expenses $7,006 · Revenue $18,844

• Withheld by Nonprofiteer: this text may name a private individual.

  Expenses $2,022,062 · Grants $1,596,017 · Revenue $435,105

• North Dakota Wealth Transfer The Foundations initially commissioned and funded a North Dakota wealth transfer study in 2005, conducted by the Center on Wealth and Philanthropy at Boston College in Boston, Massachusetts. Impact has distributed the North Dakota Wealth Transfer Study to donors, community leaders, nonprofit organizations, attorneys, accountants, financial advisors, banks, and trusted personnel in several North Dakota communities. Another North Dakota Wealth Transfer Report was commissioned by the Foundation in 2011, "Endless Possibilities on the Prairie: Unleashing North Dakota's Great Potential" 2007-2061, and associated data entitled "Communities with Possibilities". The new study concluded that through 2061 North Dakota households will give over $95 billion to charity and pay an estimated $39 billion in estate taxes. The supplement to Endless Possibilities was the first ever county level analysis of North Dakota wealth transfer.Regional Philanthropy Study Impact commissioned the Regional High Impact Philanthropy Study in 2016 to gain a clearer view of why people in the region give money and time, how much they give, what motivates them, and several other issues related to philanthropy, estate planning and charitable contributions in the Fargo-Moorhead area. Dakota Medical Foundation and Alex Stern Family Foundation funded the effort. A team of North Dakota State University and University of North Dakota researchers developed and conducted the study. The philanthropy study complements "Endless Possibilities on the Prairie: Unleashing North Dakota's Great Potential," which provided an overview of wealth transfer and projected wealth transfer in North Dakota from 2007 to 2061. The philanthropy study data will help area charities strategically position themselves to be part of this projected wealth transfer and give donors more information about how they can deepen the impacts of their gifts. Impact has incorporated information and insights gained through the study into training materials and will continue to utilize this information in future training sessions with regional charities.Giving Hearts Day Website The website (www.givingheartsday.org) is designed to provide a one-stop information resource for donors to conveniently locate, review, volunteer and make contributions to 619 nonprofit organizations in the region. Qualified nonprofit organizations in North Dakota and northwestern Minnesota are encouraged to place their organizational information on the website to easily connect with donors of time, talent, and treasure. Donors are able to research and identify their favorite nonprofit organizations and to make contributions online using their credit card or by check. Nonprofit organizations are able to utilize the website to receive contributions and promote their organization year-round. Significant efforts and commitments have been made by Impact to enhance the website to better connect donors with nonprofit organizations that fit the donor's charitable goals. Since its 2007 implementation, the online giving website has processed nearly $69.9 million for its partner nonprofits. Impact implemented a Volunteer Initiative in 2007 designed to help nonprofit organizations more effectively recruit, train, manage and retain volunteers. The online giving website, GivingHeartsDay.org, includes a volunteer page that provides the capability for nonprofit organizations to list their volunteer opportunities, as well as needs for new and used physical goods. Giving Hearts Day (GHD) Initiative In 2006, Impact launched its GiveBack Initiative to inspire donors to substantially increase and improve the impact of their giving of time, talent, and treasure in North Dakota and western Minnesota communities. Grants from Dakota Medical Foundation, Alex Stern Family Foundation, Bush Foundation, and various individual and corporate contributions have provided the funding for this Initiative. Initiative strategies have focused on education and training for nonprofit organizations to become highly proficient fundraisers and to be more operationally efficient and effective. The initiative has developed new ways of thinking and approaches surrounding wealth transfer and volunteerism in North Dakota and Minnesota. This initiative eventually became what is now known as the Giving Hearts Day Initiative. Impact partnered with Dakota Medical Foundation (DMF) to establish the GHD Initiative to build the fundraising capabilities of nonprofit organizations and promote charitable giving in the region. The online giving environment improves efficiency to raise funds for nonprofit programs serving the region. The online giving website at GivingHeartsDay.org is used to promote the annual Giving Hearts Day event held each February, providing donors with an easy-to-use website to make online contributions to 619 of their favorite North Dakota and Minnesota charitable organizations throughout the year. Since implementation in 2008, the GHD Initiative has generated almost 755,000 contributions for community nonprofit organizations totaling over $194.4 million. The participating nonprofit organizations obtained additional matching funds prior to the event. During the 2024 Giving Hearts Day program, there were 619 charities participating which raised $29.2 million with nearly 40,851 individual donors making 87,849 donations in a 24-hour period.The Bush Foundation provided a grant of $111,300 which funded performance awards to Giving Hearts Day participating charities with top ratings in fundraising and donor engagement. The grant also helped support training and capacity building initiatives for participating charities, the majority of which were outside the Fargo Moorhead area.

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here. A text marked withheld matched a screen for wording that may name a private individual, such as an honorific or "in memory of". Most of what it withholds names no one; it is withheld so that what does is never shown.

Listed in Part VII

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

• Prairie Heights Church

  $750,000

  Connect those apart from God with Christ and a Church Family

• Bethel University

  $140,000

  Support general operations of this university

• Living Word Lutheran Church

  $100,000

  Support general church mission

• ND Department of Veterans Affairs

  $70,000

  Support for emergency needs of ND Veterans

• FM Area Foundation

  $46,000

  Support community engagement, fundraising, and grant writing

• Great Plains Food Bank

  $32,146

  Support mission to end hunger

• YWCA Cass Clay

  $27,300

  Support services for women affected by violence and homelessness.

• NDSU Foundation and Alumni Assn

  $21,387

  Support the general needs of the university

• The Great North Pole

  $21,000

  Support children and families in need in Cass and Clay Counties surrounding the holidays.

• Casselton Park District

  $17,100

  Support 5th Qtr. Activities for youth with safe, drug and alcohol-free events.

The 10 largest by cash amount. The API serves every itemized grant.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

• Achievements Unlimited Foundation

  501(c)(3) · Support mission of Impact Foundation · ND · controlled entity

  Directly controlled by Impact Foundation

Provenance

Return type

form_990

Tax year

2024

Filed

14 November 2025

IRS schema version

2024v5.2

Source object

202513189349309796

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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