IMPACT FOUNDATION
4141 28th Avenue S, Fargo, ND 58104 www.givingheartsday.org

Total Revenue
$2,031,987
Total Expenses
$1,574,759
Net Assets
$2,984,795

Organizations Filed Purposes: With a mission to build the capacity of nonprofits, businesses, and individuals to maximize their community impact, Impact Foundation's overall goal is to dramatically improve its nonprofit partners' capacity to produce superior results. Impact operates exclusively for charitable, scientific, and educational purposes. To meet its primary goal, Impact Foundation (Impact) receives and administers donations, makes contributions to, and provides assistance to other nonprofit organizations. Impact operates charitable initiatives designed to measurably improve society in areas including: economic development; health and healthcare access; education and training; and other philanthropic areas identified by donors.

Build capacity of nonprofits, businesses & individuals to maximize their community impact.

Organizational EffectivenessImpact and its supporting organization, Achievements Unlimited Foundation (together 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 through the Impact Institute (Institute) to provide support, education, training, and coaching sessions for nonprofit partner organizations. Since inception in 2005, more than 5,300 nonprofit executives and directors from over 500 nonprofit organizations have trained in Institute leadership and fundraising concepts.Nonprofit Board and Management Training: Training boards and key management personnel to operate their organizations in a highly effective and efficient manner is a key education focus for the Foundations. Having encouraged many area nonprofit organizations to attend the Institute's education and training programs, in 2019, the Institute helped readily-equip 500 charitable organizations to solve complex community challenges. With a particular emphasis in fundraising, many charities continued their professional development in a fundraising curriculum and coaching program called High Impact Fundraising. This program was developed to build a mastery of fundraising and leadership. As a result of participating in fundraising training, a study of 23 nonprofit organizations showed community support on Giving Hearts Day increased over an eleven-year period form $380,000 in donations in 2008 to $2.5 million in donations in 2019.Grant Writing Services: Since 2005, 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 $28.9 million in grant funding.

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 ten (10) loans to small businesses in rural communities, equaling more than $1,166,942. As of December 31, 2019, Impact had four (4) loans outstanding with a total IRP Loans Receivable balance of $236,420 (net of allowance for doubtful accounts of $28,125), included in Part X, Line 13, Investments - Program Related and Schedule D Part VIII.

Community SupportImpact provides grants to support community events, statewide nonprofit organizations and other societal improvement initiatives. Grants were provided for these purposes from established Impact charitable funds, other grants, and donor contributions received by the Foundations. Impact provided funding to restock the food shelter at Great Plains Food Bank through the support of the Fargo-based Fill-the-Dome program. The Foundations have given back to North Dakota communities impacted by natural disasters and are ready to help coordinate and provide financial support of fundraising efforts when needed. Impact established and maintains a Clubs for Kids Initiative, which promotes community youth golf programs by providing equipment and playing opportunities to those unable to afford the cost of participation.When aligned with its mission, Impact provides Fiscal Sponsor Projects (FSP) to community groups and individuals desiring to obtain financial or other support for their charitable projects through grants, or in order to receive tax-deductible donations from individuals and other contributors through the sponsor. FSP arrangements may range from a project or an organization included completely under Impact's 501(c)(3) umbrella to assistance to an organization establishing their own separate 501(c)(3) organization.Women's Impact (FSP) creates opportunities for women to connect while empowering each other to make a positive impact in their lives, families and communities. Their Facebook page (www.facebook.com/womensimpact) is an inspiring and supportive online community for women to connect and make an impact in each other's lives.Financial Literacy Initiative (FSP), established in 2017, provides financial literacy training to those who may not otherwise have access to such information. Promoting financial literacy through education regarding budgeting, home buying, insurance, investing, retirement planning and estate planning.Badges of Unity (FSP) works to unite all community members, build trusting relationships with at-risk youth, and partner with others to ensure a bright future for all. By working to strengthen current programs and connecting youth to after-school activities in their neighborhood, new non-traditional, after-school activities have been developed. These activities include a 6-week academy for youth to job shadow police officers and hosting "Fargo United" events in local parks with food, music and positive interactions with law enforcement. Higher Education Task Force (FSP) evaluated the governance structure of higher education in ND. This project engaged a consultant team to provide improvement options for the ND Higher Ed Governance structure. The report was completed in 2019. Par 4 Youth Golf (FSP) supports the PGA Junior League Golf by providing playing opportunities, equipment, and financial assistance to benefit those in need. Innovative ND Education (FSP) transforms the education of ND children K-12 by promoting creative, innovative, learner-centered schooling. Red River Market (FSP) organizes a weekly farmers' market in downtown Fargo to engage the community and provide entertainment, education, and healthy eating options. This project will be seeking its own 501(c)(3) status in the future. Sinner Bresnahan Healthy Kids Initiative (FSP) is a "grass-roots" program formed for the purposes of engaging the youth of Casselton, North Dakota, toward positive social relationships.Excite Music (FSP) that supports the mission to ensure that every child has the opportunity to learn and experience music, regardless of economic status. Excite Music offers student participants a variety of different ways to engage with music through free after-school music lessons and opportunity to attend local music schools.Task Force on Veterans Affairs (FSP) was created for the purpose of auditing the governance structure and services provided to veterans in North Dakota and identify areas improvement. Furniture Mission of the Red River Valley Fund (Donor Advised Fund) provides gently- used furniture and household items at no cost to people in crisis including, but not limited to, those who have suffered loss of their household belongings due to fire, storms, or flood or people starting a new life after homelessness, significant financial loss, abusive situations, or even incarceration. Additional Community Support:LevelUp Fargo is a community collaborative movement (Coalition) with a dynamic and significant group of key stakeholders that engage members across numerous sectors to address the need to reduce youth substance abuse. The Coalition was formed in August 2015, and a grant application was submitted to the Substance Abuse and Mental Health Services Administration (SAMHSA) in March 2016. On August 31, 2016, LevelUp Fargo was awarded a 5-year, $625,000 grant from SAMHSA ($125,000 a year for five years) with the opportunity to apply for five additional years at $125,000 per year. The Coalition submitted a 12-Month Action Plan to SAMHSA, which was approved and implemented. With the help of a marketing firm, LevelUp Fargo and Fargo Public Schools created a survey instrument administered to grades 6-12 to all Fargo Public Schools, Oak Grove Lutheran School, and JP II Catholic Schools. This survey, which is administered bi-annually, identifies current mental health needs, substance use trends, and provides a social capital index used to improve connectedness for Fargo youth. These results are then compiled into an actionable report and disseminated throughout the Fargo community.During 2019, Impact provided accounting support to the Red River Children's Advocacy Center (RRCAC) including processing weekly accounts payables, biweekly payroll management, general ledger and periodic financial statements, and coordinating the preparation of their annual Form 990.A veteran emergency charitable fund called Support Our Veterans (SOV), was established at Impact to receive charitable contributions from donors and to support the emergent needs of North Dakota veterans and their eligible dependents who are not covered under current federal or state programs. Since inception, the fund has generated over $380,999 in contributions and provided assistance to over 343 qualified veteran families.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
J Patrick TraynorExecutive Director16$99,224
Phil HansenSecretary/Treasurer2$0
Susan Mathison MdVice Chair2$0
Dan CareyChair3$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202023219349311667_public.xml