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Nonprofiteer
← WINONA COMMUNITY FOUNDATION INC

Form 990 for tax year 2024

Filed by WINONA COMMUNITY FOUNDATION INC.

Totals

Total revenue
$3,616,365
Total expenses
$4,787,672
Contributions and grants received
$2,469,782
Grants paid
$4,076,331
Program service revenue
$65,009
Investment income
$1,013,863
Other revenue
$67,711
Total assets, end of year
$16,951,907
Total liabilities, end of year
$3,583,061
Net assets or fund balances, end of year
$13,368,846
Program services expenses (Part IX)
$4,492,772
Management and general expenses
$249,084
Fundraising expenses
$45,816
Program service expenses (Part III)
$4,492,772

Program services were 93.8% 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.

  • 1f · All other contributions, gifts and grants

    $2,469,782

  • 1g · Noncash contributions included above

    $1,064,956

  • 2a · Program service revenue: SERVICE FEES

    total $65,009 · related or exempt $65,009

  • 3 · Investment income

    total $326,013 · excluded $326,013

  • 7a · Gross sales of assets other than inventory

    securities $4,909,994

  • 7b · Less cost or other basis and sales expenses

    securities $4,222,144

  • 7c · Gain or loss

    securities $687,850

  • 7d · Net gain or loss

    total $687,850 · excluded $687,850

  • 8a · Fundraising events: gross income

    $8,000

  • 8b · Fundraising events: direct expenses

    $0

  • 8c · Net income from fundraising events

    total $8,000 · excluded $8,000

  • 11a · Other revenue: MISCELLANEOUS INCOME

    total $59,711 · related or exempt $59,711

  • 11e · Other revenue, total

    $59,711

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $4,076,331 · program services $4,076,331

  • 5 · Compensation of officers, directors and key employees

    total $161,014 · program services $48,304 · management and general $80,507 · fundraising $32,203

  • 7 · Other salaries and wages

    total $32,642 · program services $9,793 · management and general $16,320 · fundraising $6,529

  • 8 · Pension plan contributions

    total $473 · program services $142 · management and general $237 · fundraising $94

  • 10 · Payroll taxes

    total $14,044 · program services $4,213 · management and general $7,022 · fundraising $2,809

  • 11c · Fees: accounting

    total $15,160 · management and general $15,160

  • 11f · Fees: investment management

    total $69,524 · management and general $69,524

  • 11g · Fees: other

    total $18,263 · management and general $18,263

  • 12 · Advertising and promotion

    total $19,344 · program services $1,934 · management and general $17,410

  • 13 · Office expenses

    total $6,551 · management and general $6,040 · fundraising $511

  • 16 · Occupancy

    total $14,920 · program services $4,476 · management and general $7,460 · fundraising $2,984

  • 19 · Conferences, conventions and meetings

    total $2,179 · management and general $2,179

  • 22 · Depreciation, depletion and amortization

    total $670 · program services $498 · management and general $122 · fundraising $50

  • 23 · Insurance

    total $2,427 · program services $728 · management and general $1,214 · fundraising $485

  • 24a · Other expenses: PROGRAM EXPENSE

    total $330,587 · program services $330,587

  • 24b · Other expenses: SPECIAL EVENTS

    total $11,946 · program services $11,946

  • 24c · Other expenses: MISCELLANEOUS

    total $4,467 · program services $3,738 · management and general $729

  • 24d · Other expenses: MEMBERSHIP DUES

    total $3,145 · management and general $3,145

  • 24e · All other expenses

    total $3,985 · program services $82 · management and general $3,752 · fundraising $151

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $90,150 · end of year $55,186

  • 9 · Prepaid expenses and deferred charges

    beginning of year $1,753 · end of year $1,804

  • 10a · Land, buildings and equipment: cost or other basis

    $7,564

  • 10b · Land, buildings and equipment: accumulated depreciation

    $7,190

  • 10c · Land, buildings and equipment, net

    beginning of year $1,044 · end of year $374

  • 11 · Investments: publicly traded securities

    beginning of year $17,012,056 · end of year $16,880,689

  • 15 · Other assets

    beginning of year $26,512 · end of year $13,854

  • 17 · Accounts payable and accrued expenses

    beginning of year $11,608 · end of year $18,123

  • 25 · Other liabilities

    beginning of year $4,269,510 · end of year $3,564,938

  • 27 · Net assets without donor restrictions

    beginning of year $5,323,347 · end of year $5,360,136

  • 28 · Net assets with donor restrictions

    beginning of year $7,527,050 · end of year $8,008,710

Mission and programs · 2024

Mission

TO IMPROVE THE QUALITY OF LIFE IN THE WINONA AREA BY EDUCATING THE PUBLIC ABOUT THE PRACTICE OF PHILANTHROPY AND ITS BENEFITS BOTH TO DONORS AND TO THE COMMUNITY, CONNECTING PEOPLE WITH CHARITABLE INTENT AND RESOURCES WITH ORGANIZATIONS AND CAUSES THAT CAN ADVANCE THE PUBLIC GOOD, GATHERING, PRESERVING, AND STEWARDING PHILANTHROPIC RESOURCES, COLLABORATING WITH OTHER CHARITABLE ORGANIZATIONS, SERVING AS A CATALYST FOR SELECTED COMMUNITY INITIATIVES, AND MAKING GRANTS TO PROJECTS AND CAUSES THAT ADDRESS BOTH THE NEEDS AND THE OPPORTUNITIES PRESENT IN THE COMMUNITY.

  • CONNECTING DONORS WITH CHARITABLE NEEDS THROUGH DILIGENT STEWARDING OF DONATIONS, WINONA COMMUNITY FOUNDATION CONTINUED TO FOSTER ITS MISSION IN 2024 WITH 597 GRANTS DISBURSED. THE FOUNDATION CONTINUES TO GROW ITS CAPACITY TO NOT ONLY MANAGE AND ADMINISTER CHARITABLE DOLLARS, BUT ALSO PARTNER FUTURE GIFTS WITH THE NEW IDENTIFIED NEEDS, AS WELL AS BETTER ADVOCATE AND FACILITATE COMMUNITY CONVERSATIONS ON SUCH NEEDS TO ENSURE THE MOST IMPACT IN THE USE OF THESE CHARITABLE GIFTS.

    Expenses $4,492,772 · Grants $4,076,331 · Revenue $124,720

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Aaron Young

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Ann Gibson

    SECRETARY

    Total calculated
    $0
    Hours/week
    1
  • Maurella Cunningham

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Jackie Czaplewski

    TREASURER

    Total calculated
    $0
    Hours/week
    2
  • Kevin O'Reilly

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Jolene Vaselaar

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Rebecca Franzen

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Dave Jensen

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    2
  • Cindy Telstad

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Jacob Woodworth

    CHAIR

    Total calculated
    $0
    Hours/week
    2
  • Sara Brandon

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Annmarie Demarais

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Bob Quinlan

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Hayley Hornberg

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Nancy Brown

    EXECUTIVE DIRECTOR

    Total calculated
    $108,927
    From this org
    $104,097
    From related orgs
    $0
    Other
    $4,830
    Hours/week
    40
  • Mandi Olson

    FINANCE DIRECTOR

    Total calculated
    $52,087
    From this org
    $49,771
    From related orgs
    $0
    Other
    $2,316
    Hours/week
    25

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

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

Provenance

Return type
form_990
Tax year
2024
Filed
6 November 2025
IRS schema version
2024v5.2
Source object
202543169349302149

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

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