2007 Report 
 
 
 
 

 

  2007 Annual Report
   
  Index
    Report of the Chair and President
Board of Directors
Auditors Report
Financial Statements
Donations Received  
Grants
Fund Balances
Asset Growth Chart
Donors
Memorials

Spring 2008 Newsletter
  2007 New Funds
  Community Connection
 

   2007-2008 BOARD OF DIRECTORS
  CHAIRMAN
    Joanne H. Ottmar, Jamestown, ND; Attorney
  VICE CHAIRMAN
    George Cox, Grand Forks, ND; Retired
  Banker/Volunteer
  SECRETARY-TREASURER
    Dennis Johnson, Watford City, ND; Attorney
  DIRECTORS
    Marie Arnold, Dickinson, ND; Teacher
Neil Fedje, Cavalier, ND; Banker
Rob Gayton, Bismarck, ND; Businessman
H. Michael Hardy, Fargo, ND;
  Retired Businessman 
Dan Liberda, Carrington, ND; Insurance Agent Barbara Mayer, Regent, ND; Business Woman Rosemarie Myrdal, Edinburg, ND; Committee
  Volunteer/Farmer
Ann Riske, Fargo, ND; Business Woman
Patsy Thompson, Bismarck, ND; Volunteer
Jim Weisser, Linton, ND; Real Estate
  STAFF
    Kevin J. Dvorak, President & CEO
Amy N. Warnke, Development Director
Valerie M. Bren, Administrator
   Mission Statement
    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.
   2007 Auditor's Report
    Widmer Roel PC, an independent certified public accounting firm, has audited the financial statements for the year ended December 31, 2007. The auditors have issued their unqualified opinion dated February 9, 2008, 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.
    Donations totaled $6,198,159 for the year.
    Grants
    A total of $1,405,193 in Grants were made during 2007.
    Fund Balances
    Fund balances totaled $40,409,032 at the end of 2007.