Empowering young people to own their economic success

Mission Report 2012-2013 Inspiring and preparing young people to succeed in a global economy.

Dear Partner,

As our nation focuses its attention on ways to create jobs and spur economic growth, Junior Achievement (JA) continues to expand the depth and reach of its programs. We have done so by providing 149,500 young people with relevant, experiential learning opportunities centered on financial literacy, college and career readiness and entrepreneurship.

JA’s unique approach relies on volunteers from the community who deliver our curriculum while sharing their experiences with students. The dynamic interaction between students, educators and volunteers promotes active learning while bringing theory to life.

The JA experience establishes the foundation on which young people can build the skills and attitudes necessary to succeed in a fast-paced world. The case for JA has never been stronger and we are excited to build on the success of this past year with a focus for the future on the following:

• Strengthen economic literacy by delivering elementary programs sequentially with school districts committed to long-term partnerships. • Accelerate growth of our high school programs to enhance student skills in financial literacy, college and career readiness and entrepreneurship. • Partner to reach students out of school, expanding the learning day and providing students with experiences that promote their roles as citizens, consumers and workers. • Grow our capstone programs (JA BizTown, JA Finance Park, JA Company Program, JA Job Shadow and JA Titan) to equip students with 21st century skills that will benefit them in the real world. • Establish a robust evaluation process to ensure student knowledge and attitudinal gain across all programs.

To realize this vision, we need the continued support of our corporate and David J. Rader Gina Blayney Executive Vice President President & CEO individual partners, educators, teachers, and volunteers. Your commitment Wells Fargo Bank JAUM is essential to our mission. We look forward to working with you to empower Chairman, JAUM our young people to succeed.

JAUM’s impact in 2012-2013

Number of students served ...... 149,500 Number of volunteers ...... 7,300 Number of teachers ...... nearly 5,000 Number of hours of JA curriculum ...... 1 . 2 million Number of students served at the poverty level . . . . . 59,600 Classroom Programs

Elementary School Middle School High School JA’s elementary school programs The middle grades programs build As high school students begin to are the foundation of our curricula. on concepts the students learned in position themselves for their future, The kindergarten through fifth grade elementary school and help teens there are many unanswered questions themes, as well as after-school make difficult decisions about how about what lies ahead. Junior and capstone experiences, work to to best prepare for their educational Achievement’s high school programs change students’ lives by helping and professional future. The programs help students make informed, them learn the basic concepts supplement standard social studies intelligent decisions about their future, of business and understand the curricula and develop communication and foster skills through important important role of education in skills that are essential to success in entrepreneurial concepts that will be preparing for a future career. the business world. valuable in the business world. Each volunteer-led program Each volunteer-led program Each volunteer-led program consists of five lessons. consists of six lessons. consists of five to 12 lessons.

Student Success

2013 Ernst & Young Entrepreneur Of The Year® Scholarship Chris Kuehn (third from right) received this annual $1,000 scholarship in recognition of his excellence in the JA Company Program, his passion for education, and his personal and academic achievements . Read more about his impressive accomplishments on page 7 .

2013 JAUM Company Program of the Year winners from 2013 JA Company of the Year Mounds View High School Competition (Arden Hills, MN) The annual National JA Company of the Year Competition tests the business skills, ingenuity and 15 student-run companies were to student groups and businesses . innovation of our nation’s high school invited to the national competition in Students promoted their products students . The JA Company Program Washington, D .C ., including a local and pitched their companies to gives teens the skills to start and team from Mounds View High School a panel of judges comprised of run their own business under the in Arden Hills, , whose business leaders . The companies mentorship of a local business business model provided custom were evaluated on their financial volunteer . graphic design, logos and t-shirts performance and presentation .

2 Mission Report 2012-2013 | jaum.org Capstone Programs

JA BizTown Elementary school students are not old enough to drive, work, vote, or be the boss. But that doesn’t stop them from operating banks, managing restaurants, writing checks, and voting for mayor at JA BizTown. The program combines in-class learning with a day-long visit to this fully-interactive simulated free market facility. The program helps students connect the dots between what they learn in school and the real world. Through daily lessons, hands-on activities, and active participation in this simulated community designed to support differentiated learning styles, students develop a strong understanding of the relationship between what they learn in school and their successful participation in a global economy.

JA Finance Park Taking students into the world of business, JA Finance Park introduces personal financial planning and career exploration. It is designed to be taught to middle grade and high school students by classroom teachers. At the culmination of this program, students visit JA Finance Park in a virtual simulation or an on-site day to put into practice what they’ve learned about economic options and the principles of budgeting. Assisted by their teachers and a staff of trained volunteers, students have the opportunity to develop and commit to a personal budget.

JA Job Shadow JA Job Shadow, a classroom and site-based program, prepares high school students to be entrepreneurial thinkers and encourages them to develop personal strategies to pursue lifelong learning and career opportunities. Through one day, on-site experiences, students learn practical business skills such as dressing and speaking professionally, being on time, working as part of a team, and providing effective customer service. These real world skills are enhanced with classroom lessons and follow-up activities.

JA Company Program JA Company Program teaches business, entrepreneurship, and economic concepts to students in grades nine through twelve. The program emphasizes business content while providing a strong focus on social studies, mathematics, reading, and writing skills. Students are encouraged to use innovative thinking to create, market, and operate their own company as part of a school-based organization, club, or classroom enterprise. During a semester or over 12 weeks, students sell stock to raise capital, elect officers, buy materials, market their product or service, pay a dividend to stockholders, and liquidate their company. Through teamwork, students learn to understand and appreciate the responsibilities each person has in running a business.

JA Titan Students apply their knowledge of business as they compete online to create and market a successful company in this interactive business simulation. While simulating “business quarters,” students make decisions on price, production, marketing, capital investment, and R & D. JA Titan enhances business, economics and math skills while demonstrating the impact that decisions have on the success or failure of a company. JA Titan can take place at school, at an area business, or in our capstone facility in Maplewood, Minnesota. Test your skills by playing a sample game at http://titanpublic.ja.org.

For a complete description of JA programs, visit jaum.org\programs

Mission Report 2012-2013 | jaum.org 3 Initiatives

One of JAUM’s strategies is to look beyond our general programming to showcase new and innovative facets of our work . The following strategic initiatives will be a focus during the 2013-2014 school year .

Minneapolis and St. Paul Outreach During the 2012-13 school year, JAUM reached more than 1 in 3 students in Minneapolis and St. Paul schools. Through intentional outreach, JAUM continues to enhance existing partnerships with both school districts to reach more students in meaningful ways.

STEM Enhancement Initiative Diversity and Inclusion School Partnerships This initiative will increase exposure of This initiative will serve to ensure This initiative connects businesses STEM concepts and careers through diversity and cultural competency with specifi c schools to deliver modifi cations to the JA BizTown in staffi ng, student outreach, and JA programs through both fi nancial simulation and the focused recruitment volunteer recruitment. Particular focus and volunteer commitments. Within of volunteers with STEM backgrounds will include the development and this model, JAUM is the impetus for for JA program delivery. The goal is implementation of a plan to recruit schools developing a partnership in to bring a greater awareness of the volunteers of color from targeted their community. importance of STEM in education and community organizations and affi nity the future workforce. groups within local corporations. Capstone Programming JA’s premier learning experiences are Evaluation Out of School Time collectively referred to as JA Capstone JAUM has partnered with CAREI JAUM is collaborating with other programs (JA BizTown, JA Finance (Center for Applied Research and youth organizations to deliver our Park, JA Titan, JA Job Shadow Educational Improvement) at the programming through new channels. and JA Company Program). These University of Minnesota to enhance our Partnerships with the YMCA, programs meet a critical need for evaluation methodology. The goal is to Girl Scouts, and Minneapolis Public the education community while develop a performance measurement Schools Summer School Program showcasing JAUM’s most dynamic process that will increase JAUM’s are examples of such collaborations curriculum. Specifi c focus will be capacity to track relevant outcomes where JAUM is reaching students placed on addressing the needs of and communicate JA’s impact to key beyond the classroom with the goal students in poverty and enhancing stakeholders. of addressing the opportunity gap. high school program outreach.

4 Mission Report 2012-2013 | jaum.org Profile Mission Report: Financial Literacy

t 12, Yasha Bol expresses leadership skills and working as a up our own ideas for businesses and herself with the poise and team toward a greater goal. writing out how much we’d spend thoughtfulness of a person As she prepares to begin 7th grade, on different things. I think my idea twiceA her age. Yasha says her early and continuing back then was for a shop selling rugs, She is composed, articulate and exposure to JA at Willow River although I don’t know why,” she says passionate about a wide range of Elementary School contributed to with a laugh. “In fifth grade, we also interests, including her participation both her understanding of business did a lot of simulation-type things in a variety of Junior Achievement principles and to her confidence. She and in sixth grade, it was mostly JA programs that began when she was in says the skills she learned during JA BizTown. We were learning about kindergarten. lead her to campaign for—and win— business ideas so that we’d actually Yasha, whose piercing-blue eyes the coveted post of mayor at the JA be prepared.” fix steadily on a visitor during a BizTown simulation last year. Asked what she would tell a friend conversation in her hometown of “Willow River did a lot with Junior who’d never heard of JA about the Hudson, WI, is effusive in her praise of Achievement, so I’ve been taking it program, she says, “I would tell JA. She says the experiences she had since kindergarten,” says Yasha. “In them that it works to teach you about in the program meant a tremendous kindergarten it’s mostly games, and real-life resources and businesses amount to her during her elementary that’s when they start teaching you and entrepreneurs. It teaches you school years and provided her with how to figure out things about money about the real world and it’s very skills that she’s put to use in a number and how to use it. I think that’s a skill effective at it.” (Story continues at of settings. you should start building at an early jaum.org/yasha-bol) JA sponsors a number of targeted, age. And I remember in second grade, age-appropriate classes designed we had to create pretend doughnut to expose young students to the shops,” she says with a grin. concepts of financial literacy, business “It was mostly about learning about and entrepreneurship. In addition, business and entrepreneurs in the the JA curriculum also reinforces elementary levels,” says Yasha. “By Profile by Kelly O’Hara Dyer practices such as developing fourth grade, we had to start making Photo courtesy of Reflektions by Sheri

“ Junior Achievement teaches you about the real world.”

Mission Report 2012-2013 | jaum.org 5 Business Hall of Fame

Established in 2005, the JAUM Business Hall of Fame honors leaders from the Minnesota business community and shares their stories with the students that JAUM serves as examples of success . Laureates are selected for their entrepreneurial achievements and community mindedness .

2013 Laureates

Leader. Mentor. Role Model.

Mark Davis Ken Melrose Ken Powell Tom Rosen Jim Ryan Chairman Retired Chairman Chairman President Former CEO Davisco Foods and CEO and CEO and CEO Ryan Companies International The Company Rosen’s Diversified

Former Laureates

2005 Elmer Andersen 2007 Stanley S. Hubbard Tom Moe Governor of MN, ECM Publishers Hubbard Broadcasting Dorsey & Whitney LLP Jim Campbell Irwin L. Jacobs Duane Benson Wells Fargo Bank Minnesota Genmar Holdings, Inc. MN Early learning Foundation L.D. (Desi) DeSimone Dave Koch George Graco Hormel Foods

Luella G. Goldberg Bill Marvin Corporate Director and Civic Leader Marvin Windows and Doors 2010 Mary Brainerd HealthPartners

Reatha Clark King Dale R. Olseth General Mills Foundation, Surmodics Gene Frey Waldorf Paper Products Metropolitan State University Mike Wright SUPERVAlU Bruce Nicholson Carl Pohlad Financial for Lutherans Marquette Financial Companies, Minnesota Twins 2008 Otto Bremer Gene Sit Otto Bremer Foundation and Sit Investment Associates

Paul A. Schilling Bremer Banks Waldorf Paper Products Bill Sweasy Marilyn Nelson Red Wing Shoe Company Brad Anderson Carlson Companies 2006 Co., Inc. 2011 Al Annexstad Stephen W. Sanger Federated W. Harry Davis, Sr. General Mills, Inc.

Civil Rights Activist, Businessman Lynn Casey Hugh Schilling Padilla Speer Beardsley Bill George Horton Holding, Inc.

Medtronic, Inc. Richard Davis Warren Staley U.S. Bancorp James J. Hill Great Northern Railway Randall Hogan Pentair, Inc. 2009 Esperanza Guerrero-Anderson Ebba C. Hoffman Milestone Growth Fund Smead Manufacturing Inc. Jim Humphrey Bob Ulrich Dick McFarland RBC Dain Rauscher M.A. Mortenson, Jr M.A. Mortenson Company

2012 Dave Anderson Thanks to our 2013 Sponsors Famous Dave’s Presenting Sponsors laureate Reception Sponsor Video Sponsors Bill Austin Starkey Hearing Technologies Pinky McNamara Activar Steve Rothschild General Reception Sponsor Twin Cities RISE! Bob Senkler Media Sponsor Glen Taylor

6 Mission Report 2012-2013 | jaum.org Profile Mission Report: Entrepreneurship

s the son of two engineers and that led Chris to serve as president 2013 Junior Achievement of the Upper as a happily self-professed of the award-winning JA Company Midwest (JAUM) Company of the math and science “geek,” it’s Program during his senior year at Year, and Chris and his team went on probablyA not surprising that 18 year- Mounds View High School. to compete at the JA national level in old Chris Kuehn built some of the best The JA Company Program allows Washington D.C. soapbox derby cars of any kid. His students to strategize and create For his efforts, Chris also received personal favorite was shaped like a their own for-profit business, with a $1,000 scholarship from the Ernst pancake, complete with a pat of plastic all the attendant sales, marketing, & Young Entrepreneur of the Year butter and glue drizzled over the top production, distribution and profit/ program, which selects recipients for syrup. loss recordkeeping such a venture based on both their personal and It’s the sort of telling detail that entails. The company that Chris and academic achievements and their perfectly captures his two passions— his fellow students created was a support of JA programs. an urge to create and a desire to highly successful advertising and Chris leans eagerly across a table support his creations with technical graphic design business called as he describes how he became skill. It was also those two qualities Designspire. It was selected as the involved with Designspire, absently pushing his hand across his forehead again and again in a futile attempt to tame his floppy brown curls. “A couple of friends who were on the Econ team [at Mounds View] came to me and said, ‘Hey, there’s this brand-new program at school this year,” he says. “I had had [program advisor] Martha Rush for a few different classes and she’s a fantastic teacher who specializes in econ- related subjects. I was intrigued so I showed up after school for the first meeting. Within a day or two, I was involved with the company program, and at our next meeting, I was elected president of the company by popular vote.” As he prepares to start college this fall, Chris plans to put his Ernst & Young JA scholarship toward pursuing a mechanical engineering degree at the University of Minnesota College of Science and Engineering. And in an unusual double major that he describes as “engineering and entrepreneurship,” he will also take “ I’d like to go from classes at the Carlson School of [college] to develop my Management. (Story continues at own engineering firm. jaum.org/chris-kuehn) That’s the dream.”

Profile by Kelly O’Hara Dyer Photo courtesy of Reflektions by Sheri

Mission Report 2012-2013 | jaum.org 7 Special Events

February 20 & 21 / March 6 & 7 / April 24 & 25, 2014

JA bigBowl is an easy and fun way for companies to participate in a team building event that boosts employee engagement and promotes healthy competition . This multi-day event takes place at several Twin Cities bowling alleys and at local alleys in our district locations . Participants enjoy two hours of bowling, soda and pizza while raising important funds for JAUM . JA bigBowl

Thanks to our 2013 Sponsors 2013 JA bigBowl Industry Challenge Presenting Sponsor Accounting Retail Ernst & Young $390 per bowler average Best Buy $255 per bowler average CliftonLarsonAllen $58,349 total raised AT&T $23,666 total raised Banking Rookie Bremer Bank $282 per bowler average Gamer Packaging $1,010 total raised U.S. Bank $35,687 total raised Insurance ING $297 per bowler average ING $17,795 total raised 2013 JA bigBowl All Company Challenge Manufacturing All State – Most Money Raised $262 per bowler average Donaldson $23,261 total raised CliftonLarsonAllen $70,100 Other Twin Cities Metro – Most Money Raised Production Services CliftonLarsonAllen $58,349 International $299 per bowler average Twin Cities Metro – Highest Team Average UnitedHealth Group $21,015 total raised Ernst & Young $1,950

8 Mission Report 2012-2013 | jaum.org CORPORATE January 16, 2014 Featuring the JA Titan program, corporate teams strategically review profi ts or losses and manage company resources in this fun and competitive online business simulation . Congratulations to the 2013 winning team from DST Market Services with a profi t index score of 1,775.

Thanks to our 2013 Sponsors CHALLENGE

The 2013 JA Titans of Industry Champions from DST Market Services.

June 2014 JAUM’s Bid for Kids Online Auction is an opportunity to shop guilt-free for hundreds of unique and practical items knowing that your participation supports a good cause . You can also participate by donating an auction item, volunteering to contact local businesses for donations, and helping us spread the word .

Mission Report 2012-2013 | jaum.org 9 Profile Mission Report: College and Career Readiness

t 17, Mishell Quiridumbay knows that her future success rests solely on the educational foundationA she builds for herself. When she was only 6, Mishell and her mother Janeth emigrated from an economically challenged part of Ecuador to the U.S. to seek greater opportunity. Since then, Mishell has been convinced that attaining a good education is key to financial independence. Today, as a 2013 graduate of Edison High School in Northeast Minneapolis and as a soon-to-be college freshman, Mishell says two programs were particularly influential for her during her high school years: the JA Company Program and the JA Job Shadow Program, which allows students to experience a day in the life of a professional in a variety of job settings. “I first heard about [the JA Company Program] during the end of my sophomore year and I joined it during my junior year,” says Mishell, whose dark brown hair and eyes reflect her Hispanic heritage. “In our school, it was a once-a-week afterschool program. Our company was called G.O.l.D, which stands for Go On[l] including traveling to the national JA “ O t h e r kids who ine and Delete. It addressed the issue competition with her G.O.l.D team. of cyber-bullying, which was an issue She was a National Honor Society weren’t involved for our school and many others. We scholar, played competitive badminton, wanted to make sure that kids were and served for two years as co- with JA may know aware of the problem and show them president of the Service Club at her a little bit about ways they could help other kids if they school, an organization that promoted were being bullied.” environmentally responsible activity. a profession, but As part of G.O.l.D, Mishell and her She says the JA Job Shadow JA team sold distinctive red-and-white program was also very useful because they never got a t-shirts to bring attention to the subject it aligned neatly with her own interests. chance to see it in and to raise money. They were then She received good marks in her math able to use those funds to bring in a classes and is intrigued by accounting real life.” speaker from the Jacob Wetterling as a career choice. Mishell had Resource Center to talk to their fellow the opportunity to shadow various classmates about the subject of cyber- professionals at the accounting firm of bullying and the problems that can CliftonLarsonAllen LLP in downtown arise from misuse of social media. The Minneapolis, as well as individuals at presentation was recorded and later ING and AT&T. (Story continues at made available to other schools in an jaum.org/mishell-quiridumbay) attempt to further spread the message. Mishell achieved a number of honors Profile by Kelly O’Hara Dyer while she was a student at Edison, Photo courtesy of Reflektions by Sheri

10 Mission Report 2012-2013 | jaum.org Profile Mission Report: Financial Literacy

ast year, Mahtomedi Middle how to buy and handle items related to “We’d go to the computer lab, log School eighth-grader Zach Panek a home and stuff like that,” says Zach. in and receive assignments such as had the highly unusual—and eye- “It gave us a chance to do all these marketing for our home,” says Zach Lopening—experience of being married things that relate to the world around about the simulation. “You’d go into and raising two children, all while us and taught us how to live in the different parts of your little town and juggling a demanding family budget as world around us.” you had to meet the budget for every an underpaid social worker. As part of that class, Zach also part of that. For instance, you’d need Of course Zach, a blue-eyed, had the opportunity to put theory to buy clothing so you would go to a blondish-haired 14-year-old with a into practice by participating in JA clothing store, and you had a budget football player’s husky build, wasn’t Finance Park. you had to stay under. You have to experiencing this in real life. Instead, “[The simulation] gives you a buy items for everyone in your family he was a participant in the specially background and then you apply that and it was hard,” he says, shaking his designed “virtual reality” financial background to your ‘virtual’ life,” head at the memory. “I learned that literacy program for middle-school he explains. “Your background is you have to be prepared in the real students known as JA Finance Park®. assigned with things like, ‘You have world and that you always have to The JA Finance Park program is this job, you’re married, you have be ready for the unexpected. Things a computer-based simulation that this many kids, you make this much would come up like, ‘Your daughter is allows students to experience the money.’ I was married with two little a flower girl in a wedding and you have reality of managing a family budget girls and that was hard. It blew to buy her a dress.’ It was a pretty fun and allocating scarce resources me away.” experience but you have to balance among competing demands. Zach As part of the simulation, the “town” your choices.” (Story continues at participated in the program as part of in JA Finance Park contains various jaum.org/zach-panek) a “Skills for life” class offered through local amenities such as grocery stores the Mahtomedi school system. and other businesses that students “Skills for life was a class where we can patronize to fill various needs for Profile by Kelly O’Hara Dyer learned things like how to cook, sew, their family. Photo courtesy of Reflektions by Sheri

“ I learned that you have to be prepared in the real world and that you always have to be ready for the unexpected.”

Mission Report 2012-2013 | jaum.org 11 Geographic Reach 2012-2013

International Falls Minot Williston Grand Forks Crookston

Duluth Bismarck Valley City Fargo Moorhead Superior

Brainerd Alexandria Granite Falls

Hutchinson St. Cloud Lac Qui Parle County Lincoln County Hudson Lyon County Twin Cities Marshall Northfield Red Wing Montevideo New Ulm Murray County Mankato Winona Owatonna Willmar Rochester Worthington Jackson Fairmont La Crescent

Staff ed Operations New Ulm Satellite Operations Contact Hours 16,777 Brainerd Contact Hours 175,826 Total Students 2,669 Contact Hours 29,442 Total Students 26,184 Students In Poverty 330 Total Students 4,997 Students In Poverty 8,939 Sequential Schools 8 Students In Poverty 3,450 Sequential Schools 51 Volunteers 83 Sequential Schools 10 Volunteers 959 Volunteers 164 Owatonna Contact Hours 13,579 Duluth, MN / Superior, WI Hours of JA curriculum Total Students 2,150 Contact Hours 28,020 Students In Poverty 951 1,236,053 Total Students 2,743 Sequential Schools 4 Students In Poverty 11,111 Volunteers 87 Total students Sequential Schools 4 Volunteers 95 149,564 St. Cloud Contact Hours 50,544 Fargo Students served at the Total Students 7,187 Contact Hours 32,618 poverty level Students In Poverty 2,399 Total Students 6,589 Sequential Schools 14 Students In Poverty 1,777 59,602 Volunteers 246 Sequential Schools 15 Schools delivering Volunteers 367 Twin Cities Metro Area JA programs sequentially Mankato 11-county metro area and Hudson, WI Contact Hours 49,187 Contact Hours 840,060 225 Total Students 6,119 Total Students 90,926 Volunteers teaching Students In Poverty 2,072 Students In Poverty 38,573 JA programs Sequential Schools 17 Sequential Schools 102 Volunteers 199 Volunteers 5,129 7,329

12 Mission Report 2011-2012 | jaum.org Profile Teacher Report: Economic Education

he passion that Martha Rush has where one of their sessions was on the for both teaching and kids soon JA Titan program. I thought, ‘Well that becomes evident as her words sounds fun,’ so I went. I found I was Ttumble out on top of each other during personally not very good at the game,” a conversation. she laughs, “but I thought, ‘wow, this “Yep, I love it,” she says about her is great! This takes all these things we 16-year teaching career in the Mounds try to teach in our economics classes, View school system. “I love the concepts like average total cost and interaction with the kids. I love seeing marginal cost and capital investment, something work and really click in their and it puts them into a real setting.” minds. That’s a lot of fun.” Rush returned to her classroom and Rush teaches 9th through 12th grade shared details about the JA program students at Mounds View, with a heavy with her fellow teachers, who were emphasis on economics. Her goal is to also impressed. That fall, the teachers teach students about how economic started taking their 9th graders on principles—both on a micro- and field trips to the JAUM headquarters macro level—influence and affect to play the game, and to get firsthand their lives. experience running a virtual business. One innovative way Rush has found This year, Rush was also excited to bring the realities of economics about being able to add the JA home to her students is through Company program to the school, and Junior Achievement’s Titan business she’s confident that the students will simulation game. enjoy that as much as they have the “One summer four or five years ago, JA Titan program. (Story continues at Profile by Kelly O’Hara Dyer I attended an education conference jaum.org/martha-rush) Photo courtesy of Reflektions by Sheri

Capstone Campaign

Junior Achievement provides students with relevant experiences and opportunities that empower them to make a connection between what they learn in school and how it can be applied in the real world. Our programs enhance the relevance of classroom learning and help students understand the value of staying in school. Two of our capstone programs, JA BizTown and JA Finance Park, offer students an intensive culminating experience in our free market simulation lab at our Maplewood headquarters. These relevant, hands-on programs bring personal finance and entrepreneurship to life. This experiential way of learning helps students understand the world around them and prepares them for life after graduation. The demand for these programs is great. Unfortunately, the ability to offer them is becoming increasingly difficult due to significant reductions in school budgets. In response to this need, the Junior Achievement Foundation of the Upper Midwest has embarked on a fundraising campaign that will provide these learning opportunities to diverse and financially-disadvantaged students. The money raised will provide scholarships so that more students will benefit from these capstone opportunities. Funds will also be used to upgrade our capstone facility, including a three phase plan to increase students’ exposure to Science, Technology, Engineering and Mathematics (STEM). For more information, call 651-255-0055.

Mission Report 2012-2013 | jaum.org 13 Award Winners

JAUM recognizes our 2012-2013 award winners for excellence and extraordinary dedication to our mission .

Leadership Awards Silver Leadership Awards Claudia Revermann Elementary School Teacher of the Year Cari Dietman Attorney, Reichert Wenner PA Michelle Strecker – Hazel Park Academy Vice President, Bremer Trust David Thompson Middle School Teachers of the Year Christine Gibson Vice President, MinnStar Bank Mary Draper and Lynda Mead – Chief of Staff, Optum Ellen Valde District 77 Ronald P. Hafner Partner, PricewaterhouseCoopers LLP High School Teacher of the Year Partner, Wipfli LLP Rachal Wolthuizen DaNae Klimek – Irondale High School Assistant Vice President, Bremer Bank Capstone Teacher of the Year Bronze Leadership Awards Sarah Sannes – Obama Elementary Vicki Bailey School Vice President, Chief Compliance Officer Volunteer/Teacher Awards Metro Volunteer lead of the Year Advantus Capital Management Volunteer Hero Award Bruce DePauw – UnitedHealth Group Kelly Bretz Ed Barnett Greater MN/ND Volunteer lead Director of Pricing and Financial Evaluation Elementary School Volunteer of the Year of the Year Thrivent Financial for Lutherans Amy Paape – Wells Fargo Nick Granowski – Capital One Carisa Buegler Middle School Volunteer of the Year JA bigBowl Coordinator of the Year Director of Foundation and Community Rachal Wolthuizen – Bremer Bank Engagement, New Ulm Medical Center High School Volunteer of the Year Stephanie Focht – Xcel Energy Corporate Council of the Year David Hakensen Mike Soost – Pioneer Seed Senior Vice President and General Manager Capstone Volunteer of the Year CliftonLarsonAllen Fleishman Hillard Frank Sarno – Mortenson Construction

Volunteers

Volunteers embody the heart of Junior Achievement . They come from all walks of life—business professionals, college students, retirees, parents and grandparents . What they have in common is the sense of fulfillment they express as a result of their service. Volunteering with Junior Achievement leaves them hopeful about a better future for today’s young people . Here’s what JA volunteers say about their volunteer experience:

98% 45% Express satisfaction and find their Said their volunteer experience gives experience rewarding and fulfilling them an opportunity to practice presentation development 75% Said their volunteer experience 32% is a positive factor to their job Were able to practice and improve satisfaction their leadership skills

54% 19% Said their volunteer experience gives Said they gained a new job skill(s) them an opportunity to practice public speaking skills Source: JA USA Volunteer Satisfaction Survey

14 Mission Report 2012-2013 | jaum.org Profile Educator Report: Business Role Models

who’s now an accomplished sailor as Our school was what we called a well as principal of the K-4 Pilot Knob ‘100-percent’ school, in that every STEM Magnet Elementary School classroom was involved.” in Eagan, MN, points to his youthful Benson, whose lanky, athletic build experience to show the impact speaks to another of his passions, aspiration can have on a child. It’s also competing in triathalons, eventually the reason Benson believes Junior moved on from Oak Grove to serve Achievement should be part of every as principal of a school in California. classroom in the country. He returned to his native Minnesota in JA offers a number of programs 2007 to accept the job at Pilot Knob. targeted to elementary school Benson says at the time, students, all of which stress JA’s Independent School District 197, which three primary goals: financial literacy, includes Pilot Knob, was not involved college and career readiness and the with JA but he quickly became an important role that entrepreneurship ardent cheerleader for the program. and business formation have in our Today, both Benson’s school and economy. four other elementary schools in the om Benson knows how powerful Benson first became an unabashed district have JA programs in place a child’s dreams can be. As a fan of JA while working as principal geared to their students’ ages. (Story sixth grader, he watched a film of Oak Grove Elementary School in continues at jaum.org/tom-benson) Tabout a teenager’s solo sailing trip Bloomington, MN. around the world—and immediately “That was my first experience with decided that he too would someday JA, about nine years ago,” he says. “I Profile by Kelly O’Hara Dyer sail the world’s waterways. Benson, was so impressed with the program. Photo courtesy of Reflektions by Sheri

Profile Alumni Report: Inspired Success

s the president of the I participated in the JA Company 1,400-employee Process program as a teenager. It was my Technologies business unit first exposure to JA, and more atA the water solutions and technical importantly, my first exposure to products company Pentair, Netha business and financial literacy and Johnson has had a firsthand running a business. It stimulated opportunity to immerse himself in the an interest in me in being in business, world of international business. In fact, and I’ve come full circle now. a recent trip saw him hopscotching I graduated from school, have worked around the world, logging time in , in industry and now have been able Germany, Holland and during to come back as a member of the one marathon visit. JA board.” Johnson is convinced that it Johnson believes his personal was his early exposure to a Junior experience as a former JA student Achievement program in Akron, Ohio, participant and now, JA board as a 9th grader that helped him identify member, gives him unique insight the globe-trotting path he would into the role that JA can play in eventually take in life. creating well-rounded students, a “[My interest in business] actually stronger community and even better started when I was in high school,” corporations. (Story continues at Profile by Kelly O’Hara Dyer Johnson says. “I was a JA kid and jaum.org/netha-johnson) Photo courtesy of Reflektions by Sheri

Mission Report 2012-2013 | jaum.org 15 Financials 2012-2013

Consolidated Consolidated Operating Statement* Balance Sheet* ($ in millions) ($ in millions) Program 13% Revenue & Support Assets Total Equals Operating Revenue Cash .8 M Corporations 1.4 M Investments 1.0 M 73% Individuals .5 M Pledge Receivables .3 M 10% Foundations .1 M Prepaid and other Assets .1 M 48% Campaign .1 M Property & Equipment 4% Events .8 M (net of depreciation) 1.9 M 7% Total Operating Revenue $2.9 M Total Assets $4.1 M 18% Other Income and Support Liabilities Capstone & Satellite Other liabilities .2 M Program Fees .3 M Functionalized Expenses Total Liabilities $.2 M Total Revenue & Support $3.2 M Program 73% Net Assets Traditional In-school 48% Expenses Change in Net Assets .1 M JA BizTown 18% Personnel 2.1 M Unrestricted Net Assets 3.2 M JA Finance Park 7% Operations and Miscellaneous .4 M Temp Restricted Net Assets .1 M Facilities .1 M Permanetly Restricted Development 13% Program Materials .6 M Net Assets .5 M

Total Expense $3.2 M Total Net Assets $3.9 M Management & General 10% Total Liabilities & Depreciation $.1 M Net Assets $4.1 M Volunteer Recruitment 4%

*Consolidated financial information including JAUM operations and JAUM Foundation – unaudited and non-GAAP. A responsible operating surplus allows us to self-fund our cash flow needs and build a solid financial foundation for continued program growth. Audited, GAAP financial statements with footnotes will be posted on our website, www.jaum.org, in September 2013 following the completion of our annual external financial audit.

Top Corporate Partners Thanks to these partners for contributing The companies below were instrumental in helping JAUM achieve its 48% of JAUM’s goals in 2012-2013 through a combination of funding, volunteerism, funding and 1,671 participation in our special events and in-kind support . Companies are volunteers throughout listed in order of total resources given to JAUM across our three-state our three-state region. region . Our programs and initiatives would not be possible without their dedication and support of the JA mission .

1 Wells Fargo 7 Thrivent Financial for 13 GE Capital Solutions – 2 Allianz Company Lutherans Fleet Services of North America 8 3M 14 3 U.S. Bancorp 9 ING 15 Horton Holding, Inc. 4 CliftonLarsonAllen LLP 10 AT&T Mobility 16 Best Buy Co., Inc. 5 Accenture 11 General Mills, Inc. 17 Ernst & Young 6 Xcel Energy 12 UnitedHealth Group 18 Cargill

16 Mission Report 2012-2013 | jaum.org Investors

This list represents a compilation of all 2012-2013 resources given to JAUM by community . This includes funding, event participation, volunteer hours and in-kind support .

Metro Century Circle Travelers & Margaret Rivers Fund Migizi Communications Hastings Community TV Northeast Bank ($100,000 – $199,999) Travelers Foundation Medtronic, Inc. MindShift Technologies HealthPartners Oak Trust Credit Union Accenture University of St. Thomas Minneapolis Foundation Minneapolis Rotary 9 Hewlett-Packard Park Nicollet Allianz Life Insurance Walmart & Walmart Minnesota Department of Minnesota State University, Hiway Federal Credit , Inc. Company of North America Foundation Education Mankato Union Pepsico CliftonLarsonAllen LLP Minnesota Department of Minnesota Timberwolves Hmong International The Quaker Hill Thrivent Financial for Shareholder’s Circle Management & Budget Mortenson Family Academy Foundation Lutherans & ($10,000 – $24,999) Oppenheimer Wolff Foundation Houlton Parents River Crest Parent Group Thrivent Financial for Achievement & Donnelly LLP Northern Tier Energy Association Lutherans Foundation Foundation, Inc. Rotary Club – Shakopee Oracle The Park Tavern Hudson Prairie #2136 U.S. Bancorp & U.S. American Financial Polaris Industries Inc. Elementary School Bancorp Foundation Printing, Inc. Parker Hannifin Corporation RR Donnelly Rust Consulting, Inc. Instant Web Companies Wells Fargo Bank & Associated Bank Prudential RSP Architects, ltd. Investment Centers of Wells Fargo Foundation Minnesota Sign-Zone, Inc. RBC Tile & Stone The Saint Paul Hotel America Minnesota Bank of America & TCF National Bank Restaurant Technologies Inc. Spire Federal Credit Union Klein Bank Bank of America TD Ameritrade Rosemount, Inc. – Headquarters KRO/Anderson Family Investor’s Circle Charitable Foundation Tennant Company & Sportech Inc. Rotary Club – Prior lake Foundation ($75,000 – $99,999) Bremer Bank Tennant Foundation #2163 Staging Concepts 3M & 3M Foundation land O’lakes, Inc. DST Market Services, llC University of Phoenix Rotary Club – Rogers Star Tribune Lutheran Community AT&T Mobility Economic Club of MN Verizon Foundation Seagate Technology llC Foundation Topline Federal Credit GE & GE Foundation Federated Insurance Wipfli LLP Union SMART Networking Group Mary T. Inc. General Mills & Company TruStone Financial General Mills Foundation St. Catherine University Maxxon Corporation Fleishman-Hillard Associates Circle Ultimate Staffing Services ING & ING Foundation Staples Technology McDonald’s Corporation Fred C. & Katherine B. ($1,000 – $4,999) Solutions United Way of Greater Andersen Foundation Affinity Plus Federal Metropolitan State Sweitzer Foundation Milwaukee, Inc. Entrepreneur’s Circle Credit Union University H.B. Fuller Company & Vermillion Insurance Terhuly Foundation Mike and Linda Fiterman ($50,000 – $74,999) H.B. Fuller Foundation Boston Scientific Agency Best Buy & Best Buy Trane Company Family Foundation KPMG, LLP Briggs and Morgan Vision Staffing Solutions Children’s Foundation Postal Minco Products, Inc. Lariat Companies, Inc. Business Impact Group Women of Today – Deluxe Corporation & Service Minnesota Vikings Production Services Deluxe Corporation Caribou Coffee Company Burnsville International UTC Aerospace Systems National Marrow Donor Foundation Choice Communications YMCA of Hudson Corporation Program RBC & RBC Foundation City of Cottage Grove Your Boat Club Ernst & Young llP North Highland Starkey Hearing Vermillion State Bank Horton Holding, Inc. City of Hastings Technologies WESTconsin Credit Union North St. Paul Police UnitedHealth Group City of Prior Lake Department Target Corp Willow River Company Xcel Energy & Xcel Energy City of Savage University of Minnesota Zion lutheran Church Foundation Connexus Energy Trust, Inc. Covidien Friend’s Circle Partner’s Circle Sponsor’s Circle Eagles Rock Jewels ($500 – $999) ($25,000 – $49,999) ($5,000 – $9,999) ABC Junior Achievement EP Rock Parent Group Allina Hospitals and Clinics Andersen Corporation & Andersen Corporate Activar, Inc. Fabcon Anchor Bank Foundation Ameriprise Gamer Packaging Arthur Murray Dance Center The Carlson Family Archway General Reinsurance Corp. Augsburg College Foundation ATK Graco Inc. Augustana Care Corporation Cargill Baker Tilly Virchow Great River Energy Better Business Bureau of Deloitte Krause, LLP Greene Espel PllP MN & ND , Inc. BMO Harris Bank Gruber Power Equipment Bituminous Roadways, Inc. & Donaldson Foundation The Business Journal Honeywell Blue Cross & Blue Shield FedEx Services of Minnesota C.H. Robinson Houlihan-Lokey The Hartford Worldwide Carter Day International Inc. Hudson Daybreak McGladrey CenterPoint Energy Rotary Club Central Minnesota Jobs & Training Services MetLife Foundation Citizens Community Hudson Rotary Club Federal City of Burnsville Microsoft Joseph C. & Lillian A. Duke Minnesota School of Comcast Foundation Dale Carnegie Training by Norman & Assoc. Business Cummins Power Kraft Foods, Inc. Generation DCA Title Pentair, Inc. & Kroll Ontrack Pentair Foundation DeVry University Delta Air Lines Loram Maintenance PricewaterhouseCoopers LLP Famous Dave’s of Way Experis Manpower Securian Financial Group Fogo de Chao Marco Business Product First American Bank Heraeus Medical Margaret H. and James E. Fredrikson & Byron PA Taylor Corporation Hubbard Broadcasting Kelley Foundation, Inc. Frontier Communications Thomson Reuters M.A. Mortenson Company Merrill Corporation of Minnesota, Inc.

Mission Report 2012-2013 | jaum.org 17 Investors

Brainerd Duluth Fargo Shareholder’s Circle Hallett Charitable Trust Sponsor’s Circle Shareholder’s Circle Friend’s Circle Coughlan Companies, Inc. ($10,000 – $25,000) Kohl’s ($5,000 – $9,999) ($10,000 – $25,000) ($500 – $999) Eide Bailly Ascensus McDonald’s Corporation F. I. Salter Company, Inc. Forum Communications Aevenia, Inc. Fine Impressions, Inc. Brainerd Jaycees R.R. Gould Foundation Maurices Inc. Company Aldevron I & S Group CliftonLarsonAllen LLP Wells Fargo Minnesota Power /Phoenix American Crystal Sugar Jones Page Jacobson International Xcel Energy Northland Foundation Company Family Foundation Friend’s Circle U.S. Bancorp ARTEKTA, Inc. Kato Engineering Sponsor’s Circle ($500 – $999) Associates Circle Xcel Energy BCBS/Noridian Kohl’s ($5,000 – $9,999) Bercher Design & ($1,000 – $4,999) Bennett Elementary PTA Mankato Clinic Construction Sponsor’s Circle Bremer Bank Boise, Inc. Central Cass PTO Mankato Community BlackRidgeBank ($5,000 – $9,999) Mid Minnesota Federal DSGW Architects Dakota Supply Group Education and Recreation Credit Union Brainerd Area Sertoma Bank of the West Duluth News Tribune Essentia Health Mayo Health System Club CenturyLink Essentia Health Fargo VA Federal Minnesota Valley Federal Associates Circle Century 21 Premier Group Eide Bailly Iracore International Credit Union Credit Union ($1,000 – $4,999) Fargo-Moorhead Area ChamberMaster Kiwanis Club of Friendly MinnStar Bank 3M Foundation Integrity Windows & Doors Country Financial Duluth Paulsen Architects Anderson Brothers First International Bank Kohl’s Crow Wing County Kohl’s & Trust Mid America Steel Pioneer Hi-Bred B. Johnson & Cuyana Range Elementary lHB Engineers National Hospitality International Inc. Associates, Ltd. PTA Gate City Bank McGladrey Services Promotions 2000, Inc. Brainerd ISD 181 Cuyuna Range Chamber Microsoft Members Cooperative Northern Pipe Products Rasmussen College Brainerd Lakes Area of Commerce NDSU Credit Union Principal Financial Group South Central College Community Foundation Cuyuna Range Medical Otter Tail Corporation Rotary Club 25 Target Corp Brainerd Lions Club Center Starion Financial Red River Chapter of TruStar Federal Credit Brainerd Rotary Credit Unions TCF National Bank Deerwood Bank Union Wells Fargo Foundation Rotary Club of Moorhead The Occasions Group Frandsen Bank & Trust U.S. Bancorp Central Lakes College Serco Global Services The Thro Company Karl Samp Consulting University of Minnesota Associates Circle CenturyLink Services ($1,000 – $4,999) Sinner Bros. & Bresnahan Verizon Foundation University of Wisconsin – Clow Stamping Company AgCountry Strategic Financial, Inc. Walmart Foundation Mille lacs Band of Ojibwe Superior The Cote Family Minnesota State Alerus Financial TRN Abstract and Title Wells Fargo Foundation Community and Friend’s Circle Alex Stern Family West Fargo Exchange Technical College Club Crow Wing County ($500 – $999) Foundation Friend’s Circle United Way Pequot Lakes PTA A. W. Kuettel & Sons Appareo Systems ($500 – $999) Crow Wing Power Abdo Eick & Meyers llP Pro Staff Advanstar Archway Community Trust Mankato Agstar Farm Credit Range Printing Genesis Attachments, LLC Bell State Bank & Trust Gammello, Qualley, Services State Farm Border States Electric Shareholder’s Circle Pearson & Mallak Keyport Lounge and Bakers Square Stifel Nicolaus Liquor Bremer Bank ($10,000 – $25,000) Goldleaf Partners All American Foods, Inc. Blethen Gage & Krause, The Design Team Koochiching Economic Casselton Community Grand View lodge PLLP Walmart Development Authority Endowment Fund Minnesota State University, Mankato Bolton & Menk, Inc. Mayne Design Choice Financial Group Xcel Energy Carlson Craft National Bank of CornerStone Bank City of Pemberton Commerce Dawson Insurance Northeast Minnesota Sponsor’s Circle Exclusively Diamonds Doosan Infracore Intl/ ($5,000 – $9,999) Office of Job Training Bobcat First National Bank CliftonLarsonAllen LLP Minnesota Northland Chevrolet First State Bank of ND HickoryTech Corporation Greater Mankato Area Protide Pharmaceuticals Frontier Trust Company Subway United Way SimplyFun Globe University Taylor Corporation Hatanpa Insurance Superior Choice Credit Insure Forward Agency Union U.S. Bancorp Marco Business Products Hiniker Company UMD Center for Economic RBC Development Associates Circle Jbeal Commerical Sanford Health Group, LLC Viant Crane, llC ($1,000 – $4,999) Scheel’s All Sports Archer Daniels Midland Krengel Brothers Tiling Inc. Wells Fargo SERVE Foundation Company Lindsay Window & Doors XANGO Swanson Health Products Bethany Lutheran College Mankato Ford & Mankato Target Corp Bremer Bank Honda The Barry Foundation Buster’s Sports Bar & Grill Minnesota Lake Lions Club Thrivent Financial for Cargill Lutherans Carlson-Tillisch Eye Clinic Pioneer Bank TMI Hospitality Citizens Community Precision Press Town & Country Credit Federal Red Door Creative, Inc. Union Cleveland School Scheel’s All Sports Ulteig Engineers Community Bank United Prairie Bank Union State Bank Concept & Design Inc. Valley News Walmart Foundation Western State Bank

18 Mission Report 2012-2013 | jaum.org Individual Donors

New Ulm Shareholder’s Circle Friend’s Circle Minnesota Business Ambassador Circle livio DeSimone Lisa Hauser* ($10,000 – $25,000) ($500 – $999) Finance Corporation ($100,000 – $250,000) Mike & Nancy Dickoff* Ann Hengel 3M & 3M Foundation General Equipment Nahan Printing, Inc. James & Patricia Hemak* Edward & laura Faulstick Denise & Cory Holtz Company nativeX Terry & David Gilberstadt James & Ann Howard Sponsor’s Circle Gopher Sport New Core Wireless President Circle Janel Goff* Jeannie Iannello* ($25,000 – $49,999) ($5,000 – $9,999) Huber Supply Pam’s Auto, Inc. John Grieman Erin Jenkins CliftonLarsonAllen LLP James & Carmen Campbell Kohl’s Pennington, Lies & Mark & Laura Heyne Michael Johnson* Cherne, P.A. Michael Roos & Cindy Goplen Owatonna Public Utilities Jason Howards Teresa Johnson Associates Circle Plaza Park Bank Hugh K. Schilling Southern Minnesota Janet Johanson* Robert Kierlin ($1,000 – $4,999) Initiative Foundation Reichert Wenner PA All American Foods, Inc. Netha & Lynn Johnson Christopher Killingstad* SPX Service Solutions Schlenner, Wenner & Entrepreneur Circle AMPI Jeffrey & Deanna Kerr Joann & Dan Knuth Thrivent Financial for Company ($10,000 – $24,999) Gina & Jim Blayney* Jim & Michelle Kolar* Peter Koelsch Christensen Family Farms Lutherans St. Cloud ISD 742 Douglas & Sandy Coleman Eric & Elizabeth laughlin Toby Kommer Citizen’s State Bank Walmart Foundation St. Cloud Optimist Club Dittrich Specialties Inc. Wottreng Family Dental (AM) Mike & Ann Duffy* Patrick Lynch Brent Kukla* Kraft Foods, Inc. St. Katharine Drexel Christine & Richard Gibson* Bruce & Andrea Dan Kvasnicka Mike’s Collision & Elementary Dick & Joyce H. McFarland Machmeier Jeff Loch* Tire Center St. Cloud U.S. Bancorp Family Fund of the Mpls Brian Myres Todd Loosbrock Foundation Minnesota Army National United Way of Central Jerry Papenfuss Jennifer Mencl Guard Partner’s Circle Marna & Erick Ricker ($25,000 – $49,999) Minnesota Patrick Pazderka Corey Mensink Professional Referral Ann & Reid Shaw* Capital One Financial louann Schroeder loren & Sharon Meyer Organization Friend’s Circle Steve & Deb Steen Kimpa Moss ProGrowth Bank ($500 – $999) Diamond Circle Shareholder’s Circle Tony & Jill Szczepaniak Andy Nessler SouthPoint Federal All Saints Academy ($5,000 – $9,999) ($10,000 – $25,000) Hardmon & Eboni Kelly Credit Union Ron Fletcher Dave Norback Morgan Family Foundation Brenny Transport Williams James & Tamarra Giertz Kelly O’Farrell Target Corp Xcel Energy Cetera Financial Group James Panko United Prairie Bank Country Financial Ronald & Julie Hafner Silver Circle Windings, Inc. Sponsor’s Circle Edina Realty, Inc. Thomas & Kim Holman ($500 – $999) Kent Pekel ($5,000 – $9,999) Executive Express Paul & Michelle Koch Eric & Tawanna Black Alexander Pfeffer Friend’s Circle Bremer Bank Explore Information John & Sallie March William Blake Christopher Puto ($500 – $999) CliftonLarsonAllen LLP Services, llC E. J. & Peggy McIntyre Chad Bresnahan Kevin & Trudy Rautio Accenture Initiative Foundation Five Guys Burger Daniel & Carol Mulheran Monica Bruegl* Kamas Rooney* Alliance Bank Times Media/Gannett & Fries Mark & Gretchen Noordsy Dan & Sue Childers Todd Rothe Gislason & Hunter, LLP Foundation GNP Company David J. & Martha Rader Jamie Christensen Kim Schwickert Mathiowetz Construction Wells Fargo Gold’s Gym Stephen & Karen Sanger Robert DeChellis* Sandra Sponem* New Ulm Medical Center Granite Logistics Robert Senkler John Evans Delton Steele Norwood Promotional Associates Circle Services llC/Trinity Ellyn & Patrick Shook John Filby* George & Shirley Torrey Products ($1,000 – $4,999) Logistics Warren & Mary lynn Staley Chad Goerish Robin & Steve Turner Schwartz Farms, Inc. AgStar leonard, Street and Gordon & Diane Viere Timothy Grafe George & Jacqueline Tyson* Trinity Lutheran Church Array Services Group Deinard Bradford & Cynthia Wallin* BankVista Loffler Companies Inc. John Hajostek Platinum Circle Jonathan Warrey Benton Plaza Park Bank Bruce & Sarah Hanson Owatonna Telecommunications Resource Training & ($2,500 – $4,999) Jill Harbaugh LaChelle & Bob Williams* Foundation Solutions Zach & Bobbi Augustyn Partner’s Circle Vicki Bailey & louis Speltz* Junior Achievement Foundation of the Upper Midwest ($25,000 – $49,999) Brandl Motors Sartell-St. Stephen SD 748 Gilbert Baldwin donors listed in bold Federated Insurance Central MN Noon Company Optimist Club Springbrook Software Pete Godich & Marti Woods * Classroom Champion donors CenturyLink St. Cloud Federal Craig & Kimberly Gordon Shareholder’s Circle Collegeville Community Credit Union Allan & Karla Johnson ($10,000 – $25,000) Credit Union St. Cloud State Paul & Renee Johnson Owatonna ISD 761 Encore Capital Group University Tim & Mary Johnson Wells Fargo Heartland Four Wheel Stearns History Museum Mike & Nancy Keller Drive & Transmission, Inc. and Research Center Korwin & Marilyn Lockie Holiday Inn & Suites Stonehouse Resources Sponsor’s Circle Bruce & Carol Nicholson ($5,000 – $9,999) Kohl’s The Vos Family Foundation Jon & Alissa Nudi CliftonLarsonAllen LLP Kraft Foods, Inc. Walmart Foundation Emily Oberlander Wenger Foundation Mahowald Insurance Wiman Corporation Brian & Emily Peterson Marco, Inc. Associates Circle Stacy & Noah Sandler Merrill Corporation ($1,000 – $4,999) Andrew Slavitt All American Foods, Inc. Ellen & Jeff Valde Bremer Bank OfficeMax Gold Circle Profinium Financial ($1,000 – $2,499) Beth & Jim Abbott Riverland Community While we make every effort to be accurate, we College Douglas & Jill Benner sincerely apologize if we misspelled or omitted Truth Hardware Corp. Kelly Bretz & Daniel Rydel any names. Please contact Andy Dwyer at U.S. Bancorp Andrew Currie 651-255-0040 or [email protected] with any Richard & Theresa Davis* changes. Thank you for your support of JAUM.

Mission Report 2012-2013 | jaum.org 19 Board of Directors 2013

Chair Marilyn Dahl, Emerita Tim Johnson Stacy B. Sandler David J. Rader Retired, Wells Fargo Bank SCICOM Data Services Deloitte Services Wells Fargo Bank Regional President CEO & Chief Financial Officer Principal Executive Vice President Michael Duffy Michael Keller Hugh K. Schilling, Emeritus DST Market Services, LLC Federated Insurance Company Horton Holding, Inc . First Vice-Chair Partner First Vice President Chairman & CEO Jon Nudi General Mills Kurt Fasen Joann Knuth Daryl D. Schulz Vice President, President Snacks ING US Insurance Retired, Minnesota Association Stifel Nicolaus Division Senior Vice President of Secondary School Principals Branch Manager Executive Director Ed Faulstick Ann C. Shaw Second Vice-Chair GE Fleet Services Paul Koch Senior Vice President, Operations Ellyn J. Shook Brian Peterson UBS Financial Services Accenture Allianz Life Insurance Company Leader Senior Vice President Global Managing Director – HR of North America Donald Garretson, Emeritus Suresh Krishna Senior Vice President Steven D. Steen Retired, 3M Polaris Industries Inc . TruStone Financial Chief Financial Officer Vice President Global Operations Chief Business Officer Secretary & Integration Patrick Pazderka Christine Gibson Tony Szczepaniak Optum Oppenheimer Wolff & Donnelly Korwin Lockie McGladrey – Minneapolis Partner Chief of Staff Bremer Bank Managing Director, Accounting Senior Vice President James R. Giertz Industry Services Treasurer H .B . Fuller Company Matthew Mohs Chief Financial Officer Ellen Valde Jeff Kerr Saint Paul Public Schools PricewaterhouseCoopers LLP Chief Academic Officer U .S . Bancorp Terry Gilberstadt Partner President, Institutional Trust Horton Holding, Inc . Kent Pekel & Custody Corporate Secretary Gordon Viere Search Institute CliftonLarsonAllen LLP President & CEO CEO Directors Pete Godich Sal Abbate Deluxe Corporation Christopher Puto Senior Vice President, Fulfillment Shane Waslaski Andersen Windows & Doors University of St . Thomas Otter Tail Corporation Dean, Opus College of Business Senior Vice President, Craig A. Gordon Senior Vice President Sales & Marketing RBC Correspondent Services Michael Roos President Hardmon Williams III Beth Abbott KPMG, LLP AT&T Mobility Partner – Tax Innovation Leader Prudential Tim Grafe Vice President, General Manager Vice President of Operations Donaldson Company Christopher M. Russo MN/Northern Plains Global Director, Business Brett Anderson Development Briggs and Morgan Attorney Ronald P. Hafner Zach Augustyn Wipfli LLP Partner State Farm Insurance Project lEAD! Members 2013 Agency Field Executive for David Hakensen St. Paul Agency Field Office Fleishman Hillard Senior Vice President and Vicki Bailey General Manager Nate Bornstein Maria Lopez Advantus Capital Management Best Buy General Mills Vice President, Investment Law, Bruce Hanson Neal Bradsher Jeff Loch Chief Compliance Officer RR Donnelly KPMG, LLP GE Capital Retail Finance Vice President of Enterprise Douglas Benner Healthcare Nathan Buller John Lund TCF Bank Briggs and Morgan Tennant Company Executive Vice President Tom Hoff Lee Bunge Holly Meyer Eric Black SW/WC Service Cooperatives Project Coordinator Wells Fargo The Walt Disney Company Cargill, Inc . Fermentation Commercial Tom Holman Paul Conney Paul Nelson Manager Morning Foundation Thomson Reuters Prudential Founder and Director Kelly Bretz Scott Cummings Lynn Patzner Thrivent Financial for Lutherans Dan Hoverman Accenture Xcel Energy Director of Pricing & Mounds View Public Schools Melissa Daul Dan Platta Financial Evaluation Superintendent Honeywell Cargill Sheila Brown Al Johnson Abby Fletcher Jim Schulz Travelers Cargill, Inc . ING American Financial Printing Vice President, Vice President, Global Business (AFPI) Assistant Treasurer Services Ben Greene PricewaterhouseCoopers LLP Mary Volker Mark Casper Netha N. Johnson, Jr. U .S . Bancorp Keyport Lounge and Liquor Pentair, Inc . Janet Johanson CEO President, Filtration Solutions Production Services International Kamas Rooney Ernst & Young Rose Chu Paul Johnson Steve Johnson Metropolitan State University Xcel Energy Donaldson Company Teresa Johnson GE Fleet Services Interim Dean, School of Vice President, Investor Relations Jan Kruchoski Urban Education & Financial Management CliftonLarsonAllen

20 Mission Report 2012-2013 | jaum.org Financial Literacy College and Career Readiness Entrepreneurship

Junior Achievement of the Upper Midwest 1800 White Bear Avenue North, Maplewood, MN 55109 tel: 651.255.0055 | fax: 651.255.0460 | www.jaum.org Design: Richard Hart Design | Printing: AFPI