Totals
- Total revenue
- $7,340,302
- Total expenses
- $5,480,366
- Contributions and grants received
- $5,962,588
- Grants paid
- $4,232,786
- Program service revenue
- $311,714
- Investment income
- $1,057,952
- Other revenue
- $8,048
- Total assets, end of year
- $99,265,159
- Total liabilities, end of year
- $33,830,855
- Net assets or fund balances, end of year
- $65,434,304
- Program services expenses (Part IX)
- $4,715,126
- Management and general expenses
- $632,704
- Fundraising expenses
- $132,536
- Program service expenses (Part III)
- $4,715,126
Program services were 86.0% 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.
Revenue
Part VIII, the statement of revenue.
-
1c · Fundraising events
$16,752
-
1f · All other contributions, gifts and grants
$5,945,836
-
1g · Noncash contributions included above
$949,654
-
2a · Program service revenue: ADMINISTRATIVE CHARGES
total $311,714 · related or exempt $299,300 · unrelated business $12,414
-
3 · Investment income
total $1,570,819 · excluded $1,570,819
-
7a · Gross sales of assets other than inventory
securities $10,298,775
-
7b · Less cost or other basis and sales expenses
securities $10,811,642
-
7c · Gain or loss
securities -$512,867
-
7d · Net gain or loss
total -$512,867 · excluded -$512,867
-
8a · Fundraising events: gross income
$21,735
-
8a · Fundraising events: contributions included on line 1c
$16,752
-
8b · Fundraising events: direct expenses
$13,687
-
8c · Net income from fundraising events
total $8,048 · excluded $8,048
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $3,786,243 · program services $3,786,243
-
2 · Grants to domestic individuals
total $446,543 · program services $446,543
-
5 · Compensation of officers, directors and key employees
total $285,106 · program services $102,369 · management and general $151,068 · fundraising $31,669
-
7 · Other salaries and wages
total $399,939 · program services $178,485 · management and general $187,477 · fundraising $33,977
-
8 · Pension plan contributions
total $20,443 · program services $8,811 · management and general $9,560 · fundraising $2,072
-
9 · Other employee benefits
total $37,038 · program services $14,604 · management and general $21,953 · fundraising $481
-
10 · Payroll taxes
total $53,637 · program services $21,985 · management and general $26,607 · fundraising $5,045
-
11b · Fees: legal
total $2,903 · management and general $2,903
-
11c · Fees: accounting
total $14,520 · management and general $14,520
-
11f · Fees: investment management
total $118,576 · management and general $118,576
-
11g · Fees: other
total $8,980 · program services $8,850 · management and general $130
-
12 · Advertising and promotion
total $28,835 · program services $15,915 · management and general $1,975 · fundraising $10,945
-
13 · Office expenses
total $31,084 · program services $23,380 · management and general $6,651 · fundraising $1,053
-
14 · Information technology
total $81,590 · program services $31,718 · management and general $43,278 · fundraising $6,594
-
16 · Occupancy
total $56,196 · program services $21,846 · management and general $29,808 · fundraising $4,542
-
17 · Travel
total $7,776 · program services $6,987 · management and general $251 · fundraising $538
-
19 · Conferences, conventions and meetings
total $21,404 · program services $12,948 · management and general $2,098 · fundraising $6,358
-
22 · Depreciation, depletion and amortization
total $7,656 · program services $2,977 · management and general $4,060 · fundraising $619
-
23 · Insurance
total $11,754 · program services $4,997 · management and general $5,864 · fundraising $893
-
24a · Other expenses: UNRELATED BUSINESS INCO
total $217 · management and general $217
-
24b · Other expenses: BAD DEBT
total $25,250 · fundraising $25,250
-
24c · Other expenses: FUND PROJECT EXPENSES
total $10,457 · program services $8,383 · fundraising $2,074
-
24d · Other expenses: DUES AND SUBSCRIPTIONS
total $8,672 · program services $5,452 · management and general $2,794 · fundraising $426
-
24e · All other expenses
total $15,547 · program services $12,633 · management and general $2,914
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $33,176 · end of year $19,865
-
3 · Pledges and grants receivable
beginning of year $566,950 · end of year $216,600
-
4 · Accounts receivable
beginning of year $10,096 · end of year $12,231
-
9 · Prepaid expenses and deferred charges
beginning of year $24,779 · end of year $23,214
-
10a · Land, buildings and equipment: cost or other basis
$66,994
-
10b · Land, buildings and equipment: accumulated depreciation
$66,678
-
10c · Land, buildings and equipment, net
beginning of year $6,163 · end of year $316
-
11 · Investments: publicly traded securities
beginning of year $86,277,591 · end of year $98,372,598
-
15 · Other assets
beginning of year $541,649 · end of year $620,335
-
17 · Accounts payable and accrued expenses
beginning of year $136,842 · end of year $139,971
-
21 · Escrow or custodial account liability
beginning of year $30,343,944 · end of year $33,683,288
-
25 · Other liabilities
beginning of year $9,315 · end of year $7,596
-
27 · Net assets without donor restrictions
beginning of year $964,693 · end of year $1,067,893
-
28 · Net assets with donor restrictions
beginning of year $56,005,610 · end of year $64,366,411
Mission and programs · 2023
Mission
THE MISSION OF THE ST. CROIX VALLEY FOUNDATION IS TO ENHANCE THE QUALITY OF LIFE IN THE ST. CROIX VALLEY.
-
THE ST. CROIX VALLEY FOUNDATION (SCVF) SERVES A SIX-COUNTY REGION ACROSS MINNESOTA AND WISCONSIN, STEWARDING NEARLY $100 MILLION IN PHILANTHROPIC ASSETS TO ADDRESS CURRENT NEEDS AND EMERGING CHALLENGES. THE SCVF MANAGES OVER 500 FUNDS AND FACILITATES MILLIONS IN ANNUAL GRANTS, INCLUDING NEARLY $4.2 MILLION IN THE FISCAL YEAR ENDING JUNE 30, 2024. THE SCVF SUPPORTS DONORS IN MAKING TAX-SMART, IMPACTFUL GIFTS THAT BENEFIT THE REGION FOR GENERATIONS, WHILE ALSO PROVIDING PROFESSIONAL ADVISORS WITH RESOURCES TO ENHANCE THEIR CLIENTS' PHILANTHROPIC PLANS. SCVF PARTNERS WITH NONPROFITS TO ESTABLISH AND GROW ENDOWED FUNDS, CREATING SUSTAINABLE FUNDING SOURCES FOR VITAL COMMUNITY WORK. GUIDED BY A FIVE-YEAR STRATEGIC PLAN, SCVF IS COMMITTED TO GROWING LONG-TERM ASSETS, EXPANDING GRANTMAKING, AND FOSTERING COLLABORATIONS TO MAXIMIZE REGIONAL IMPACT. WITH A FOCUS ON FLEXIBLE LEGACY GIVING, SCVF ENSURES ENDURING SUPPORT FOR THE REGION'S CHANGING NEEDS AND OPPORTUNITIES. LEARN MORE AT WWW.SCVFOUNDATION.ORG.
Expenses $4,715,126 · Grants $4,232,786 · Revenue $299,300
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Jim EllisJIM ELLIS
CHAIR
- Total calculated
- $0
- Hours/week
- 10
-
Ann Herzog DrewiskeANN HERZOG DREWISKE
VICE CHAIR/SECRETARY
- Total calculated
- $0
- Hours/week
- 10
-
Dennis DuerstDENNIS DUERST
TREASURER
- Total calculated
- $0
- Hours/week
- 2
-
Rick BonlenderRICK BONLENDER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Michelle BredahlMICHELLE BREDAHL
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Dave DziukDAVE DZIUK
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Jessica EhrlichmannJESSICA EHRLICHMANN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Judy FreundJUDY FREUND
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Dan HoolihanDAN HOOLIHAN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Gary KelseyGARY KELSEY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Melanie KleissMELANIE KLEISS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Clarence MalickCLARENCE MALICK
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Marsha ShotleyMARSHA SHOTLEY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Katrina LarsenKATRINA LARSEN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Linda MadsenLINDA MADSEN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Greg BernardGREG BERNARD
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Michel TiganMICHEL TIGAN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Scott Soderberg - BoardSCOTT SODERBERG - BOARD
MEMBER (UNTIL 7/23)
- Total calculated
- $0
- Hours/week
- 2
-
Matthew Thueson - BoardMATTHEW THUESON - BOARD
MEMBER (UNTIL 7/23)
- Total calculated
- $0
- Hours/week
- 2
-
Mary Ellen Vietor - BoardMARY ELLEN VIETOR - BOARD
MEMBER (UNTIL 7/23)
- Total calculated
- $0
- Hours/week
- 2
-
Charles Wikelius - BoardCHARLES WIKELIUS - BOARD
MEMBER (UNTIL 7/23)
- Total calculated
- $0
- Hours/week
- 2
-
Heather LogelinHEATHER LOGELIN
EXECUTIVE DIRECTOR
- Total calculated
- $159,576
- From this org
- $140,099
- From related orgs
- $0
- Other
- $19,477
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $140,099
- Bonus
- $0
- Other
- $0
- Deferred
- $7,774
- Nontaxable benefits
- $11,703
- Filer's total
- $159,576
-
Emily LownsburyEMILY LOWNSBURY
VP OF FINANCE & OPERATIONS
- Total calculated
- $96,074
- From this org
- $91,033
- From related orgs
- $0
- Other
- $5,041
- Hours/week
- 40
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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Compensation committee
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
-
$250,000
MATCHING POOL FOR INDIVIDUAL DONATIONS
-
$165,063
POOL, GENERAL OPERATING
-
LAKEVIEW MEMORIAL HOSPICE PROGRAM
$157,063
GENERAL OPERATING
-
FAITHFUL CAMP WAPO PROJECT
-
LUTHERAN SOCIAL SERVICE OF MINNESOTA
$100,000
LSS CENTER FOR CHANGING LIVES
-
ST CROIX COUNTY SHERIFF'S OFFICE
$96,109
K9 TRAINING, SEMINARS, SADDLE PADS
-
GENERAL OPERATING, EDUCATIONAL PROGRAMMING
-
$64,165
SKATE PARK REPAIRS, GENERAL OPERATING
-
GENERAL OPERATING, MENTAL HEALTH, STEM PROJECTS
-
GENERAL OPERATING, STRONG FAMILIES
The 10 largest by cash amount. The API serves every itemized grant.
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Disregarded entities
Part I: entities that legally are the filer and file no return of their own.
-
SCVF HOLDINGS LLC
TO ACCEPT AND SELL DONATIONS OF REAL PROPERTY FOR THE FOUNDATION · WI · income $0 · assets $13,766
Directly controlled by ST CROIX VALLEY FOUNDATION
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 15 January 2025
- IRS schema version
- 2023v6.0
- Source object
- 202500379349300640
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.