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Index |
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Report of the Chair and President
Board of Directors
Auditors Report
Gifts Received
Operating Fund
Restricted Endowment Funds
Grantable Funds
Unrestricted Endowment
Funds
Restricted Non-endowment Funds
Grants
Restricted Endowment Fund
Unrestricted Endowment Fund
Non-Endowment
Fund
Endowment Balances
Restricted Endowment Fund
Unrestricted Endowment Fund
Operating Fund
Asset Growth Chart
Resource Center Activities
Memorials |
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Report of Chair
& President |
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Each fall, we drive across North
Dakota delivering grant checks in person to our Unrestricted
Fund grantees. This process of driving from Williston to
Hankinson and Cavalier to Hettinger may seem like a lot of
traveling just to deliver grant checks. It is. However, if you
were along with us, you would have seen some amazing projects
and met an even more amazing group of people who make these
projects happen.
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NDCF
Board Chairman, David
“White Thunder” Trottier, Dunseith, Business Owner |
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| You would have met Myrna McGregor from Litchville. She and her
friends have remodeled a bowling alley and turned it into a
Community Center. That sounds easy enough until you consider
that they are the third committee in seven years to take on the
task. As we visited with them about the project, we commented
that it sometimes “takes someone with an iron fist and iron will
to make these things happen”. Myrna’s friends immediately looked
at each other and laughed. Almost in unison they said, “You hit
the nail on the head!” Their response was said as much in
admiration for the woman whose leadership carried the project
forward as it was in gentle ribbing of their friend. |
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Kevin
Dvorak, President and CEO, NDCF, Bismarck,
North Dakota |
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You would have met Rea Beattie of the Crown Butte area in rural
Morton County. She virtually single-handedly put together the
funding to build a playground for the children in her area. Vern
Davis, Director of Morton County Parks said as he and Rea
accepted our grant check, “she’s the one who pushed to make this
Park happen, she deserves all the credit.”
These are but two examples of people we find all across the
State - people with a vision, a goal and the chutzpah to make it
happen. A wise community foundation executive once said that we
should be people hunters. Not in the literal sense, but in the
sense that we should look for people like Myrna and Rea and give
them the resources that they need to succeed. That’s exactly
what we try to do with our Unrestricted Grants; find those
people who are making North Dakota a better place by improving
their community or providing a needed service and grant what
resources we have available to help them on their way.
It’s really our privilege and honor to assist in some small way
to help hardworking North Dakotans accomplish good things for
their community. Thanks to the generosity of people like you, we
are able to make a difference; one project, one community, one
person at a time. |
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Top
of Page |
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2004-2005 BOARD
OF DIRECTORS |
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CHAIRMAN |
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David
“White Thunder” Trottier, Dunseith, Business Owner |
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VICE CHAIRMAN |
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Chad Peterson, Fargo; Architect |
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SECRETARY-TREASURER |
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Joanne
H. Ottmar, Jamestown, Attorney |
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DIRECTORS |
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Marie Arnold,
Dickinson, ND; Teacher
George Cox, Grand Forks, ND; Retired Banker/Volunteer
Neil Fedje, Cavalier, ND; Banker
H. Michael Hardy, Fargo, ND; Retired Businessman
Joe Hauer, Bismarck, ND; Businessman
Dan Liberda, Carrington, ND; Insurance Agent
Barbara Mayer, Regent, ND; Business Woman
Rosemarie Myrdal, Edinburg, ND; Committee Volunteer/Farmer
Lynn Nelson, LaMoure, ND; Business Woman/Farmer
Lowell D. Overbo, Ashley, ND; Retired Bank President
Patsy Thompson, Bismarck, ND; Volunteer
Jim Weisser, Linton, ND; Real Estate
Top of Page |
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STAFF |
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Kevin
J. Dvorak, President & CEO
Amy N. Warnke, Development Director
Valerie M. Bren, Executive Assistant |
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Mission Statement |
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The
mission statement of the North Dakota Community Foundation is to
improve the quality of life for North Dakota’s citizens through
charitable giving and promoting philanthropy. |
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2005 Auditor's
Report |
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Widmer Roel PC, an independent certified
public accounting firm, has audited the financial statements for the
year ended December 31, 2005. The auditors have issued their
unqualified opinion dated January 13, 2006, on the basic financial
statements. Copies of the audit are on file at the Foundation’s
office for inspection. The following financial statements are
excerpts from the audit report. |
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Donations are listed on a single
page within this website and total $3,594,861 for the year. |
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Grants |
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A
total of $992,422 in Grants were made during 2005. They are
outlined on this website as follows: |
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Restricted Endowment Fund Grants
- $455,401
Unrestricted Fund Grants
- $90,614
Non-Endowment
Fund Grants - $446,407 |
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Fund
Balances |
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Fund balances
totaled $26,826,803 at the end of 2005 as follows: |
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Operating Endowment Fund Balance
- $831,320
Restricted Endowment Fund Balance
- $18,606,409
Unrestricted Endowment Fund Balance
- $2,359,732
Restricted Endowment Fund Grantable Balances - $256,929
Restricted Non-Endowment Fund Grantable Balances - $4,488,925
Unrestricted Operating Fund Balance - $283,488 |
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