Inspiring and preparing young people for success

2017-2018 Mission Report

Nathan Ziegler, principal of Hope Academy, and his students. Read his JA story on page 14. Dear Friends,

As we reflect on this past year, we’re energized by what we’ve accomplished thanks to your investment. Junior Achievement has experienced incredible growth, innovation, and success. We’ve impacted more students, joined with more educators and schools, and partnered with more volunteers. We’ve piloted two new programs — JA Inspire and JA Meda Fellows — to equip students with the skills needed to succeed in the workforce and start a business. We inspired the creation of 74 student-run companies through JA Company Program, an increase of 23% over last year.

We’re always looking for new ways to motivate young people to envision a successful future and to gain the skills needed to be contributing members of our community. Our partners are instrumental in keeping us relevant, innovative, and engaging! Today’s youth are our future; their success is our success.

As we look forward, we’re excited by what’s ahead. In 2019, Junior Achievement will celebrate its 100th year. Very few organizations make it to 100 years, much less continue to grow and thrive as Junior Achievement has. Celebrate with us – watch our centennial video at https://youtu.be/fKAvHJ9vcek.

Locally, Junior Achievement of the Upper Midwest is also experiencing a milestone next year. We’re moving our experiential learning center to St. Paul. The Junior Achievement James R. and Patricia Hemak Experiential Learning Center will have two experiential learning labs instead of one, allowing us to double the number of students participating in JA BizTown and JA Finance Park. We’ll also have the first-of-its-kind JA Innovation Incubator, a space where high school students can cultivate their entrepreneurial interests. We’re centrally located in the Midway neighborhood of St. Paul and easily accessible on the Green Line light rail.

We can’t wait to open our doors to our business and nonprofit partners, volunteers, educators, students, alumni, and the community. Together, we’re building a generation of fiscally responsible, innovative, and workforce-ready young adults who are prepared to enter the real world with the skills and confidence needed to succeed. Let’s build!

Gina Blayney Pete Godich President & CEO Board Chair, Junior Achievement of the Upper Midwest Junior Achievement of the Upper Midwest Senior Vice President, Fulfillment,

2 Mission Report 2017-2018 | jaum.org Our Promise

Junior Achievement is one of the world’s largest nonprofits dedicated to addressing fundamental social and economic challenges of young people by educating and empowering them to transform their future and own their economic success.

Through the delivery of cutting-edge, experiential education in financial literacy, career and college readiness, and entrepreneurship, JA enriches the ability of today’s youth to both engage in their own economic development and contribute to the strength of their families, communities and economies.

At Junior Achievement of the Upper Midwest, our vision is to give the next generation hope for the future. We connect our region’s young people with volunteer role models who guide them through relevant, hands-on learning experiences. We equip them with the skills needed to navigate success in an increasingly complex economy, like how to manage money, how to prepare for a career, and how to launch and run a business.

Together, we can help prepare the next generation to succeed. See inside back cover to learn how you can get involved, or visit jaum.org/support-ja.

92% 84% 67% 96% of alumni of alumni of alumni of alumni agreed JA connected what realized the reported confidence in positively affected they learned in the importance of working effectively in a their future.1 classroom to real life.1 staying in school.1 team environment.1

1 Junior Achievement Alumni Retrospective Survey.

3 Mission Report 2017-2018 | jaum.org 2017-2018 Our Impact in the Upper Midwest

HOURS KIDS SPEND IN JA TEACHERS USING JA CURRICULUM PROGRAMS 1,220,223 5,934

PROGRAM VOLUNTEERS SCHOOLS PARTICIPATING IN JA 10,557 728

Our Students

ECONOMICALLY TOTAL CHILDREN OF DISADVANTAGED STUDENTS COLOR STUDENTS* 165,551 61,972 50,309

*Students attending schools with more than 40% free and reduced lunch.

4 Mission Report 2017-2018 | jaum.org Junior Achievement’s Sequential Model

KINDERGARTEN 1st GRADE 2nd GRADE JA Ourselves JA Our Families JA Our Community

5th GRADE 4th GRADE 3rd GRADE JA Our Nation JA Our Region JA Our City

LEARNING LAB UPPER th th th 4 / 5 / 6 ELEMENTARY GRADES JA More Than Money JA BizTown

6th / 7th / 8th LEARNING LAB GRADES 7th / 8th JA Global Marketplace GRADES JA Economics for Success JA It’s My Business JA Finance Park JA It’s My Future

CAPSTONE 9th - 12th 9th - 12th GRADES GRADES POST- JA Career Success JA Exploring Economics JA Finance Park SECONDARY JA Personal Finance JA Titan JA Economics JA Job Shadow EDUCATION JA Be Entrepreneurial JA Inspire JA Company Program

5 Mission Report 2017-2018 | jaum.org New JA Programs

JA Meda Fellows, Patrick Henry High School () JA Inspire students and volunteer

JA Inspire JA Inspire is designed to strengthen competencies and skill levels of high school students through an education-business partnership focused on career development, education, and training. The program provides students with an opportunity to explore, in depth, one of our state’s six career industries. For the pilot program in November 2017, supported by Wells Fargo, more than 300 students from Como Park High School’s (St. Paul) Academy of Finance learned about careers in the financial services industry. Students interacted with 40 Wells Fargo volunteers to learn about careers, discuss skills and education requirements, and participate in career stations. The students also took part in a presentation on soft-skills needed for high-demand local jobs, and worked with a Wells Fargo volunteer mentor to explore financial service career interests and opportunities within the financial services industry.

JA Meda Fellows (pilot) Junior Achievement of the Upper Midwest and Metropolitan Economic Development Association (Meda) collaborated to create a new program model that develops young minority entrepreneurs. The result is JA Meda Fellows, an in-school and after-school program that gives high school students an opportunity to start and run a real company, explore careers, and gain skills that will help them succeed in the workforce. Seventeen students from Patrick Henry High School (Minneapolis) participated in the pilot program. Activities included networking with local minority entrepreneurs, job shadows and summer internships at Meda client companies, and participation in MN Cup.

6 Mission Report 2017-2018 | jaum.org 6 Programs & Experiences

JA programs help prepare young people for the real world by showing them how to earn and manage money, how to create jobs which strengthen our community, and how to apply entrepreneurial thinking to the workplace.

Our programs correlate to the K-12 Academic and Common Core Standards in , North Dakota, and Wisconsin.

K-12 Classroom Programs Our volunteer-delivered K-12 programs foster financial literacy, career and college readiness, and entrepreneurship using experiential learning to inspire students to take control of their economic success and understand the value of staying in school.

JA BizTown Upper elementary and middle school students learn how to be responsible citizens, workers, consumers, and business leaders at JA BizTown, an interactive, free market simulation lab.

JA Finance Park Middle and high school students learn about personal money management by simulating (on-site or virtual) the financial decisions and challenges they will experience in their adult lives.

JA Titan High school students learn how to operate a virtual company through JA Titan’s online simulation.

JA Job Shadow JA Job Shadow prepares high school students to be entrepreneurial thinkers in their approach to a career by equipping them with the skills needed to succeed in demanding and ever- changing workplaces.

7 Mission Report 2017-2018 | jaum.org JA Company Program JA Company Program unlocks the innate ability in high school students to fill a need or solve a problem in their community by launching a business venture and unleashing their entrepreneurial spirit.

JA Innovation Incubator* High school students develop their entrepreneurial interests utilizing technology to foster innovation and grow the vision for their own company.

Student Competitions High school students demonstrate their business acumen and spirit of entrepreneurship as they compete against other students on a local, regional, and national level.

JA Summer Camps Students in grades 4-8 participate in an immersive, four-day educational experience while learning about STEM careers and entrepreneurship.

Visit jaum.org/programs for a complete description of JA programs.

*Opening January 2019

8 Mission Report 2017-2018 | jaum.org Junior Achievement James R. and Patricia Hemak Experiential Learning Center

The Junior Achievement James R. and Patricia Hemak Experiential Learning Center will open for business in January 2019, our 100th year. Thanks to the generosity of the community, our campaign to move our headquarters from Maplewood to St. Paul is almost complete. Our future home will house three premier learning labs: our existing experiential programs – JA BizTown and JA Finance Park – and the first-of-its- kind JA Innovation Incubator. We’re centrally located in the Midway neighborhood of St. Paul and easily accessible on the Green Line light rail. Our larger facility will allow us to double the number of students served each year by our on-site experiential programs from 17,000 to 34,000.

We’ve designed our new home as a resource for our business and nonprofit partners, volunteers, educators, students, and the community. Our facility will include a 160-seat auditorium, co-working and event space, and training/conference rooms available for public use.

We’re also committed to being good neighbors by making a significant investment in sustainability. Through a partnership with the U.S. Green Build Council (USGBC), we’re integrating sustainability strategies into the building, including solar panels, energy-efficient water heaters and HVAC system, and low-flow toilets. JAUM will utilize USGBC’s ADVANCE program to track operational performance to achieve LEED certification. Students will support this effort by tracking key LEED certification requirements, including solar energy generation, water usage, recycling practices, and energy audits. Teachers, volunteers, and corporate partners who visit the building will be encouraged to embrace sustainability practices, such as using public transportation, carpooling, and packing zero-waste lunches.

Students participating in the JA BizTown and JA Finance Park simulations will learn about sustainability technologies, careers, and education requirements, and teachers will be provided with sustainability-focused curriculum that they can implement in their classroom. In addition, several shop sponsors in the experiential learning labs will implement at least one of the key LEED certification requirements. This sustainability strategy will be a true collaboration between JAUM

and its volunteers, educators, and business partners. Junior Achievement James. R. and Patricia Hemak Experiential Learning Center

9 Mission Report 2017-2018 | jaum.org JA BizTown

JA BizTown is a fully interactive simulated free-market facility where upper elementary and middle grade students become business leaders, consumers, workers, and citizens for a day. Educators utilize JA curriculum to prepare students for the one-day simulation through a series of classroom lessons. By working in one of 18 different JA BizTown enterprises, students learn what it takes to run a successful business, manage personal and business finances, and work as a team. Through active participation in the JA BizTown simulation, 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

JA Finance Park teaches middle and high school students about personal finance and career exploration. Classroom instruction culminates in a day-long simulation in JA’s experiential learning lab. Students are randomly assigned family and income scenarios, calculate net monthly income, and make life decisions on housing, transportation, phone/data plans, health care, and other expenses. Saving, paying for post-secondary education, and managing an investment portfolio are also important learning objectives. Through this experience, students understand the cost of “life” and the correlation of earning power to education. Through career exploration, students also learn how education impacts career opportunities and potential earning income.

JA Innovation Incubator*

The JA Innovation Incubator will encourage high school students to cultivate their entrepreneurial interests and develop relationships, talents, and skills to build self-confidence. This learning lab will be the first Junior Achievement high school business incubator of its kind that utilizes technology to innovate and incubate companies. This space will be designed for students of all backgrounds, including young people seeking after-school programs and opportunities.

*Opening January 2019

10 Mission Report 2017-2018 | jaum.org Money Talks. We’ll Start the Conversation. Let’s Build Financial Literacy

Today’s youth face the challenge of preparing to compete in an increasingly complex global economy and they need our help. According to a JA survey, 48% of teens say they’re not sure how to manage a credit card; 36% are unsure how to invest effectively, and 25% are not confident in maintaining a budget.

JA programs equip students with the planning, goal-setting, and decision-making skills that will help them make wise financial choices and protect them from the unexpected financial pitfalls that plague so many adults.

6 OUT OF 7 STUDENTS who initially didn’t think it was important to manage their money changed their minds in a favorable direction after participating in JA Finance Park. 1

Driving Success for Their Near, and Distant, Futures. Let’s Build Career & College Readiness

In a rapidly evolving and increasingly complex economy, too many of today’s young people lack fundamental 21st century skills needed to thrive in the “real world.” A recent survey reveals that 40% of college seniors fail to graduate with the soft skills needed in today’s workplace. Without a strong workforce, we cannot maintain a competitive edge in our global economy.

90% of students reported that JA programs equip students with these critical skills – like the things they learned in JA leadership, team work, perseverance, and innovative thinking – Job Shadow will help them get through experiential programs that open a window to the real world. a good job.2

1JA USA-KPMG Foundation Sponsored Curriculum Evaluation: JA Finance Park Report, January 2016. 2JA USA JA Job Shadow Spring 2014 Summative Assessment.

JA JA JA OUR JA JA OUR JA OUR JA MORE JA JA GLOBAL OURSELVES OUR FAMILIES COMMUNITY OUR CITY REGION NATION THAN MONEY BIZTOWN MARKETPLACE

K 1st 2nd 3rd 4th 5th UPPER 4th-6th 6th-8th ELEMENTARY

FINANCIAL LITERACY

CAREER & COLLEGE READINESS

ENTREPRENEURSHIP

11 Mission Report 2017-2018 | jaum.org Cultivating Minnesota’s Visionaries. Let’s Build Entrepreneurship

Junior Achievement promotes youth entrepreneurship and its opportunities by educating and inspiring young people to embrace innovative thinking and build 21st century skills. Our goal is to develop a more competitive workforce that combines the hard skills of academic learning, the soft skills of workplace knowledge, and the innovation found in entrepreneurial endeavors.

JA Company Program inspired the creation of 74 student-led companies in 2017-2018.

The Youth Division of MN Cup, now in its third year, attracted 37 applicants from entrepreneurs 18 years and younger. 75% of these participants were female-led teams and 58% were minority-led teams.

Congratulations to JA student-led company, Solupal, for taking second place honors in the 2018 MN Cup Youth Division finals (see page 12 for details).

JA ECONOMICS JA IT’S MY JA IT’S MY JA JA CAREER JA EXPLORING JA PERSONAL JA JA BE JA JA JA JA COMPANY FOR SUCCESS BUSINESS FUTURE FINANCE PARK SUCCESS ECONOMICS FINANCE ECONOMICS ENTREPRENEURIAL TITAN JOB SHADOW INSPIRE PROGRAM

6th-8th 6th-8th 6th-8th 7th-12th 9th-12th 9th-12th 9th-12th 9th-12th 9th-12th 9th-12th 9th-12th 9th-12th 9th-12th

12 Mission Report 2017-2018 | jaum.org 12 Let’s Build Social Impact

For 17-year-old Ethan Olson of Fargo, North Dakota, taking part in JA Company Program not only taught him important hands-on lessons about building a business, it also earned him a $1,000 scholarship as his state’s Otto Bremer Student Entrepreneur of the Year.

Olson, who will be a senior this year at Davies High School in Fargo, served as co-CEO of a company called Socks for Cause. The company sold themed footwear, and then, in turn, donated their corporate profits to two prominent charities.

“We met about twice a week and our company sold both USA-themed and Christmas-themed socks,” Olson says. “We donated the profits from our USA socks to the Wounded Warrior Project and we donated the money from our Christmas socks to St. Jude’s Children’s Hospital. We ultimately made about $350 from our Christmas socks and $250 from the USA socks for donation.” Olson says the JA Company Program gave him his first sense of what it feels like to build a business and explore entrepreneurship.

“I really enjoyed the feeling and experience of owning a business and trying to work through all of the challenges that come with that.”

Story continues at: www.jaum.org/ethan-olson

2018 JAUM Company of the Year Competition

At the 2018 JAUM Company of the Year Competition, students presented the results of their business and learning experiences to a panel of judges who evaluated company performance against the competition criteria. Congratulations to this year’s 2018 Minnesota JAUM Company of the Year 2018 North Dakota JAUM Company of the Year winning teams. Solupal - Mounds View High School ScrunchEZ - North Fargo High School Learn more at https://youtu.be/bREnXkcNbQY Learn more at https://youtu.be/PGp2_axOERU

13 Mission Report 2017-2018 | jaum.org Let’s Build Sustainability

For 17-year-old Michael Cao, putting theory into practice has helped him start a promising JA company and given him a head start toward his goal of becoming an entrepreneur.

Cao, who will be a senior this fall at Mounds View High School in Arden Hills, Minnesota, served as the CEO for a JA company called Solupal last year, which won the JAUM Minnesota company of the Year competition. For his efforts, Cao also received the Otto Bremer Student Entrepreneur of the Year award for Minnesota, which included a $1,000 scholarship.

“I’ve always been interested in science and technology,” says Cao. “I was looking at laundry detergent pods one day and thought, ‘That’s a really smart way to use dissolvable plastic packaging!’ And I started to wonder if there were other ways to use that same material.”

That idea led Cao and his teammates to found Solupal, which sells environmentally friendly, water- soluble shopping bags to help limit rampant plastic waste. Using the same technology as laundry pods, the company created bags made out of polyvinyl alcohol, which quickly break down to common elements when submerged in water.

Story continues at: www.jaum.org/michael-cao

DID YOU HAVE JA Shakopee High School students win 2018 AS A STUDENT? Regional JA Titan competition IF SO, WE WANT TO HEAR FROM YOU. Students from high schools across Minnesota and North Dakota participated in the 2018 CONTACT US AT: JA Titan Regional Competition. Twenty-four teams demonstrated their knowledge of WWW.JAUM.ORG/ALUMNI business in this interactive computer simulation. Congratulations to the winning team from From left to right: Kynan Reynolds, Amogh Rao, Phineas Rop, teacher Diane Shakopee High School (Minnesota). Ewing, Knoa Vu, and JAUM board member Sherri Matuke, Bremer Bank

14 Mission Report 2017-2018 | jaum.org 14 Connecting Young People to Business Mentors. Let’s Build School Partnerships

Connecting young people to business and our local economy is a cornerstone of the JA experience. Through the JA School Partnership Program, participating companies provide the funding and volunteers necessary to support JA at a local school.

volunteers come between four and eight times. Sometimes it’s a one-day event, like JA in a Day. We’ve been doing JA Job Shadow for a number of years, where our seniors go to the bank. The volunteers talk to the kids about all sorts of things, from hiring to firing to the impact of social media and a person’s presence there, for good or bad. They’re giving the kids a taste of what their life is like, and it brings the kids to a place where they can start seeing themselves in that position.”

Nathan Ziegler, Hope Academy Ziegler says having volunteers teach JA at Hope Academy also exposes students to important Hope Academy concepts that will help them later in life. For Nathan Ziegler, principal of the upper school “For our sixth graders, one of the JA activities is at Minneapolis-based Hope Academy, the kind of to look at different career maps,” he says. “The experiential learning provided to his students by volunteers talk about a lot of different careers and JAUM and the school’s corporate partner, U.S. Bank, help the kids see, ‘If I want this career, this is what feels right on target. that’s going to take.’ Getting our students to think forward like that is a really, really helpful thing.” Ziegler has spent the past 11 years at the faith- based school located in the inner-city Phillips Story continues at: neighborhood, one of the city’s more economically www.jaum.org/hope-academy disadvantaged areas. More than three-fourths of students at the school are children of color, 32 Partnering for Success percent speak more than one language, and the average household family income is less than half that of Hennepin County as a whole.

With the help of U.S. Bank volunteers, Hope Academy is now able to offer the JA experience to all of the school’s 475 students, from kindergarten to senior year. Ziegler says the real-world lessons of JA, delivered by people who are themselves in the business world, resonate with students.

“A lot of different JA programs happen here,” says Ziegler. “Some are multi-day visits where U.S. Bank

15 Mission Report 2017-2018 | jaum.org Thank You to the Following Companies for Supporting Local Schools:

Andersen Corporation KPMG, LLP • Andersen Elementary School • Elizabeth Hall International • Lily Lake Elementary School MoneyGram International BevSource • Peter Hobart Primary Center • Edgerton Elementary School Prudential Financial Robert “BJ” Roelike BMO Harris Bank • Oak View Elementary School and Ryan Phillips • HOPE Community Academy PwC Bremer Bank • Anne Sullivan Communication U.S. Bank School Partnership • Afton Lakeland Elementary Center Without dedicated JAUM volunteers who School • Best Academy East give selflessly of their time and talents, Bridgewater Bank thousands of students across the Upper • Centennial Elementary School • Urban Academy Charter School Midwest would miss out on real-world Capital One Financial Taylor Companies opportunities to learn about financial • Athlos Academy of St. Cloud • Monroe Elementary School • Hoover Elementary School literacy, entrepreneurship, and career and college readiness. • Andersen United School TCF Bank • Harvest Network - Best • Dugsi Academy Robert “BJ” Roelike, senior vice president at Academy Tennant Company U.S. Bank, and Ryan Phillips, vice president, CliftonLarsonAllen LLP • Neill Elementary School are two of the many volunteers who provide • Farnsworth Aerospace Pre Thomson Reuters K-4 School that crucial link. • Mendota Elementary School • Hoover Elementary School • Pilot Knob STEM Magnet School • Rum River Elementary School Travelers Roelike and Phillips—along with numerous • Mann Elementary School • Lincoln Center Elementary other U.S. Bank volunteers—work with JA • Sanford Middle School School to help young people find their talents. Deloitte

In just one example, the 180-person staff • Harambee Elementary School TruStone Financial • Moreland Arts and Health in U.S. Bank’s Direct Lending division has • Northrop Urban Environmental Sciences Magnet School Learning Center effectively “adopted” the entire Hope • Birchview Elementary School Academy school in Minneapolis, and every Deluxe Corporation • Island Lake Elementary School U.S. Bank year, bank volunteers deliver JA programs • Hope Academy to each of its 475 K-12 students. , Inc. • Mississippi Creative Arts Magnet • New Millennium Academy School • Oak Grove Elementary School Roelike began working with JA and Hope • Noble Academy Academy 12 years ago by signing up ECMC • School of Engineering and Arts • MTS Banaadir Academy through the bank as a volunteer. His first experience was teaching third-graders. Federated Insurance Company • Lincoln Elementary School “It was a blast!” says Roelike. “Third-graders • McKinley Elementary School want treats, they want attention and they • Washington Elementary School

want to ask questions...” FedEx World Service Center • St. Paul Music Academy

Story continues at: School Company www.jaum.org/us-bank • Nellie Stone Johnson Community School

16 Mission Report 2017-2018 | jaum.org 16 Promoting Volunteerism. Let’s Build Employee Engagement

Here’s what employees say about their JA volunteer experience:

98% would recommend 97% felt they made a 95% agreed that volunteering for JA to a difference in the lives students were engaged friend or colleague of young people in the program

94% said they would 96% felt that JA’s experiential learning labs (JA BizTown & JA volunteer with JA again Finance Park) helped prepare students for the “real world”

Employees identified personal skill development after volunteering with JA:

21% 24% 43% 44% 81% Knowledge of Team Time Leadership Public speaking/ economic concepts management management presentation skills

“I had such a great experience volunteering. The kids were 98% of JA volunteers engaged, asked great questions and had fun. I looked gained more respect for forward to going to their classroom every week to share lessons on communities and what makes them successful. their employer because The teacher was extremely supportive and mentioned more of its involvement with than once how the curriculum aligned perfectly with the social studies lessons. I hope that I have the opportunity to Junior Achievement volunteer again in the future.” -JA Volunteer

SOURCE: Junior Achievement of the Upper Midwest, Volunteer Survey Results, 2017-2018.

17 Mission Report 2017-2018 | jaum.org Let’s Build Employee Engagement

More than 2,100 bowlers from 87 different companies across our region bowled, ate pizza, played games, and celebrated at this year’s JA bigBowl, raising $718,000. Congratulations to the top three fundraising companies of 2018:

$68k $66k $35k CliftonLarsonAllen EY AT&T

Presenting Silver Sponsors Sponsors

Nearly 275 business professionals from 31 different companies enjoyed friendly competition while teams challenged each other in JA Titan, trivia, and interactive games like cornhole, giant Jenga, and networking bingo.

2018 JA Corporate Challenge Champions 2018 JA Titan Champions 2018 JA Trivia Champions

Presenting Champion Sponsor Sponsor

Challenge Sponsors

Prize Sponsor 18 Mission Report 2017-2018 | jaum.org 18

2018 JA Corporate Challenge Champions - JAUM Business Hall of Fame

Established in 2005, the JAUM Business Hall of Fame honors leaders from our region’s business community and shares their stories with the students we serve as examples of success. Laureates are selected for their entrepreneurial achievements and community mindedness.

Learn more about these exceptional business leaders and entrepreneurs. Visit jaum.org/hall-of-fame

2018 LAUREATES

Russ Becker David Mortenson Kate Mortenson John Noseworthy, M.D. Kevin Warren Sri Zaheer CEO and President Chairman President & CEO President & CEO Chief Operating Officer Dean, Elmer L. Andersen APi Group, Inc. M. A. Mortenson Minneapolis Local Mayo Clinic Minnesota Vikings Chair in Global Corporate Company Organizing Committee, Social Responsibility 2019 Final Four® School of Management

Past Laureates 2005 Stephen W. Sanger 2015 Elmer Andersen General Mills, Inc. M.A. Mortenson, Jr. Douglas M. Baker, Jr. Governor of MN, ECM Publishers Hugh Schilling M.A. Mortenson Company Jim Campbell Horton Holding, Inc. Judith S. Corson Wells Fargo Bank Minnesota Warren Staley 2012 Custom Research, Inc. L.D. (Desi) DeSimone Cargill Dave Anderson Ronald Offutt 3M Famous Dave’s R.D. Offutt Company; Luella G. Goldberg 2009 Bill Austin RDO Equipment Co. Corporate Director & Civic Leader Esperanza Guerrero-Anderson Starkey Hearing Technologies Gregory R. Page Reatha Clark King Milestone Growth Fund Pinky McNamara Cargill General Mills Foundation, Bob Ulrich Activar Prince & Sandra Wallace Metropolitan State University Steve Rothschild Independent Packing Services, Inc. Carl Pohlad Tom Moe Twin Cities RISE! Marquette Financial Companies, Dorsey & Whitney LLP Bob Senkler 2016 Minnesota Twins Duane Benson Securian Financial Group Richard Copeland Paul A. Schilling MN Early Learning Foundation Glen Taylor THOR Construction, Inc. Waldorf Paper Products George Elise Hernandez Hormel Foods Ideal System Solutions 2006 2013 Bill Popp Brad Anderson 2010 Mark Davis POPP Communications Co., Inc. Mary Brainerd Davisco Foods International Inge Thulin W. Harry Davis, Sr. HealthPartners Ken Melrose 3M Civil Rights Activist, Gene Frey The Company Scott Wine Businessman Waldorf Paper Products Ken Powell Polaris Industries, Inc. Bill George Bruce Nicholson General Mills Medtronic, Inc. Financial for Lutherans Tom Rosen 2017 James J. Hill Gene Sit Rosen’s Diversified Ray Barton Great Northern Railway Sit Investment Associates Jim Ryan Great Clips Ebba C. Hoffman Bill Sweasy Ryan Companies Chris Policinski Smead Manufacturing, Inc. Red Wing Shoe Company Land O’Lakes, Inc. Dick McFarland 2014 Penny Wheeler, MD RBC Dain Rauscher 2011 William A. Cooper Allina Health Al Annexstad TCF Financial Corporation Rodney Young 2007 Federated Insurance Frank Donaldson, Jr. Delta Dental of Minnesota Stanley S. Hubbard Lynn Casey Donaldson Company, Inc. Hubbard Broadcasting Padilla Speer Beardsley Mike Fiterman Irwin L. Jacobs Richard Davis Liberty Diversified International, Inc. Genmar Holdings, Inc. U.S. Bancorp Richard M. Schulze Dave Koch Randall Hogan Best Buy Graco Pentair, Inc. Andy Wells Bill Marvin Jim Humphrey Wells Technology Marvin Windows and Doors Dale R. Olseth Surmodics Mike Wright Thanks to Our 2018 Sponsors SUPERVALU Presenting Sponsors Reception Sponsors 2008 Otto Bremer Otto Bremer Foundation & Bremer Bank Marylin Carlson Nelson Carlson Companies Video Sponsors

19 Mission Report 2017-2018 | jaum.org Top Corporate Partners

Thanks to the following organizations for distinguishing themselves through a combination of funding, volunteerism, participation in special events, employee giving, and in-kind support (does not include campaign gifts):

1. Otto Bremer Trust 10. Cargill 20. Deluxe Corporation and Bremer Bank 11. Federated Insurance 21. Securian Financial Group 2. Wells Fargo Company 22. University of St. Thomas 3. CliftonLarsonAllen LLP 12. 3M 23. Pentair, Inc. 4. U.S. Bank 13. PwC 24. TCF National Bank 5. EY 14. AT&T 25. Capital One Financial 6. 15. RSM US LLP 26. M. A. Mortenson Company 7. Allianz Life Insurance 16. General Mills, Inc. 27. Land O’Lakes, Inc. Company of North America 17. Donaldson Company, Inc. 28. Cummins 8. Voya Financial 18. Delta Air Lines, Inc. 29. Thomson Reuters 9. Horton Holding, Inc. 19. UnitedHealth Group 30. Accenture

JA Mission Report credits: Design by Barrie D’Rozario DiLorenzo; profile stories by Kelly O’Hara Dyer; photos by Reflektions by Sheri; printing by Printcraft.

20 Mission Report 2017-2018 | jaum.org Let’s Build. Campaign Gifts Includes gifts in support of JAUM’s capital, shop sponsorship, and foundation gifts

Founder ($4,000,000+) H.B. Fuller+ Bremer Bank Anne and Tom Mootz Community Builder James R. and Patricia Hemak* Horton Holding, Inc. Ron Cody* Marcel Smits and Virginia Perez Supporter ($500 - $999) Hubbard Broadcasting Frank Evans Scott Stein Adeel Ahmad Chairman Foundation John Hemak Patrick and Susan Kenny Alpine Cabinetry, LLC. ($1,500,000 - $3,999,999) Barbara “Babs” Koch* Ed Kadletz and Cathy Casey Stevens Fund Jennifer and Chester Baldwin Peter J. King Family Foundation Liberty Diversified International Eric and Elizabeth Laughlin LaChelle Williams and Bob Karen and Andy Berntson WEM Foundation Richard and Joyce McFarland* Richard and Nancy Nicholson Malecha Big Spirit, Inc. Ken Melrose Greg Page Tracy and Eric Botten Benefactor David and Kate Mortenson Tony and Jill Szczepaniak Bronze Level Benjamin Bushman ($500,000 - $1,499,999) Dan and Carol Mulheran* State Farm+ ($1,000 - $4,999) Bruce DePauw Hugh Schilling* Pentair+ Michael Wright Pam and Joe Axberg Drews Total Concrete Polaris+ Margaret Baldwin Stefani Havel President’s Level Michael Roos and Cindy Goplen Gold Level Brian and Marilyn Burnett Hiway Federal Credit Union ($300,000 - $499,999) Rosen’s Diversified ($10,000 - $24,999) Heidi Christopherson John and Colleen Hooley Mark and Mary Davis Sit Investments Sal and Kristine Abbate Rose Chu Justin Iverson Delta Air Lines, Inc.+ Securian Douglas Jr. and Sandy Coleman Kevin and Cathleen DiLorenzo Lone Indian Ranch Great Clips+ TCF and the TCF Foundation Financial Services Roundtable Brian Gorecki Julie Loughrey Jim and Tamarra Giertz Scott and Jill Wine Terry and David Gilberstadt Tim Grafe Cary Kinross-Wright U.S. Bank and the U.S. Bank Pete and Martie Godich John Grieman Cecilie and Neal Loidolt Foundation+ Diamond Level Rob Goggins David Hakensen Tatum Marinkovich Wells Fargo and the Wells Fargo ($50,000 - $99,999) Craig and Kimberly Gordon Bruce and Sarah Hanson David Norback Foundation Fred C. and Katherine B. John and Joyce Hajostek Tom and Jolene Hart Jessica Noren Andersen Foundation Tom and Kim Holman Jason Howards* Kamas and Carlye Rooney Ambassador Level Andersen Corporate Tom and Terry Montminy Jeff and Deanna Kerr Tanya Schmitt ($200,000 - $299,999) Foundation+ Simpson Family Foundation Jan and Gene Kruchoski Dave Serrano 3M and the 3M Foundation Deluxe Foundation Jamie and Yvette Woell Joy Linsday Sharon Severson Richard and Theresa Davis Barrie D’Rozario DiLorenzo Lane and Molly Mansell Norman Siekman Paul and Michelle Koch* Michael and Ann Duffy Silver Level Jim McKinney Joe Stone M.A. Mortenson Company+ ECMC and the ECMC ($5,000 - $9,999) Phil Miller Robin and Steve Turner Warren and Mary Lynn Staley Foundation+ BevSource Tammy Moon Hardenbergh Foundation Donald and Sandy Craighead Patrick Pazderka *Includes gifts made to the Century Circle Janet and Shawn Johanson Robin and Larry Galloway Brian and Emily Peterson Junior Achievement Foundation ($100,000 - $199,999) Thrivent Christine and Richard Gibson Reiling Family Foundation of the Upper Midwest James and Carmen Campbell* Travelers Foundation+ Ron Hafner Troy Rossow Cargill and the Cargill Xcel Energy+ Laura and Mark Heyne Elizabeth Sanberg +Includes shop sponsorship in Foundation+ Paul and Renee Johnson Richard Schnobrich experiential learning lab Margaret A. Cargill Foundation Platinum Level Mike and Nancy Keller Terri Soutor Ecolab ($25,000 - $49,999) Morgan Kinross-Wright Ryan and Maureen Thomas Federated Insurance+ F.R. Bigelow Foundation and Dirk Kloss Paul Williams Gina and Jim Blayney* Korwin and Marilyn Lockie

Let’s Build. Individual Gifts Includes gifts in support of JAUM’s annual operations

Ambassador Circle I.J. Burich Family Foundation Michelle Fliehe David Fry Patrick and Christina Pazderka ($100,000 - $249,999) Dennis and Carole Dotson Pete and Martie Godich Timothy Grafe David Petrocchi Anonymous Foundation Robert and Katie Goggins Wendy and Andy Gray Maureen Pechacek WEM Foundation Mike and Ann Duffy Jamie Hofberger Thomas Greenheck Rebecca Pfeifer Kent Engler Paul and Renee Johnson Gianne Hagen Chris Philippi President Circle Ronald and Julie Hafner Jeffrey and Deanna Kerr John and Joyce Hajostek Bill and Teri Popp ($25,000 - $49,999) E. W. Hallett Charitable Trust Marshall N. Knudson Family Michael Halloran Wendy Rash Mark and Mary Davis Family Christopher and Susan Higgins Community Fund Mark and Laura Heyne Bryon Reinhart Foundation Thomas and Kim Holman Korwin and Marilyn Lockie Jones Page Jacobson Family Kim Ries Hugh K. Schilling Edward Kadletz and Cathy Casey Jon and Alissa Nudi Foundation Sheryl Rogers Michael and Nancy Keller Katherine and Patrick Persons Kimberly Jinks Andrea Roscoe Entrepreneur Circle Katrina Kirkeby Brian and Emily Peterson Janet and Shawn Johanson The Rosenau Fund ($10,000 - $24,999) Paul and Michelle Koch Barbara Renner Gerald Kaiser Troy and Susan Rossow Dick Anderson Brian Knudson Kamas Rooney Margaret H. and James E. Kelley Colleen Ryan L & N Andreas Foundation Stefanie Lenway Stacy and Noah Sandler Foundation, Inc. Elizabeth and Kimberly Sandberg Gina and Jim Blayney John and Sallie March Scott and Erica Stein Melissa A. Kittelson David Schuh James and Carmen Campbell Thomas and Terry Montminy Amanda and John Swoverland Jan and Gene Kruchoski Leah and Daniel Schmidt Family Foundation Offutt Family Foundation Jamie and Yvette Woell Rose Lambros Daniel Schmidt James and Tamarra Giertz Marna and Erick Ricker Leonette M. and Fred T. Lanners Scott Scheel James R. and Patricia Hemak Margaret Rivers Fund Gold Circle Foundation Todd Senger Dick and Joyce McFarland Dudley Ryan ($1,000 - $2,499) Eric and Elizabeth Laughlin Jen Smart Family Fund of the Stephen and Karen Sanger Pamela and Joe Axberg Christopher Laux Deborah and Leonard Sobczak Minneapolis Foundation Marcel Smits and Virginia Perez Vicki Bailey and Louis Speltz Jean and Laurence LeJeune Chad Stanford LRE Foundation Warren and Mary Lynn Staley Nathan and Lindsay Berg Kaylee Lothspeich Steve and Deb Steen Anne and Thomas Mootz Glen A. Taylor Foundation Hugh Bonner Patrick Lynch Alex Stern Family Foundation The Mortenson Family Nate Bornstein Bruce and Andrea Machmeier Raymond Sullivan Foundation Platinum Circle Toby Broberg Lane Mansell Kallie Tapie Michael Roos and Cindy Goplen ($2,500 - $4,999) Beth Brown Rachel Marsh Terhuly Foundation Tom Rosen The Anderson Brothers Sandy and Douglas R. Coleman, Jr. The Martinson Foundation Daniel Thibault Sundance Family Foundation Family Fund Judith and Richard Corson Anne McDonald Ryan Thomas Tina and Joe Burbach Matt Cotton John McMahon Binh Tran Diamond Circle Heidi and Chris Christopherson Teresa Dornseif Karsten and Stephanie Melgaard Robin and Steve Turner ($5,000 - $9,999) Kevin and Cathleen DiLorenzo Julie Dosek Christopher Mozina Jeff Vrieze Fred C. & Katherine B. Andersen Angela Dosedel Jeffrey and Betsy Elgin Tammy Moon Scott Westbrock and Kellyanna Foundation Joseph C. & Lillian A. Duke Shane Van Engen Kevin Newman Moore, M.D. Foundation Michael and Linda Fiterman Jessica Noren Allyse Wilcox

21 Mission Report 2017-2018 | jaum.org Let’s Build. Individual Gifts Continued

Paul and Karla Williams Jeanne Crain Bruce and Sarah Hanson Ellen and Brian McCabe David Schroeder LaChelle Williams and Robert Maryann D’Angelo Jolene and Tom Hart Darryn McGarvey Jodi and Joshua Schull Malecha Frank Davis Eric Henly Brian McIlhinney Jeremy and Erica Skoglund Scott Woker Ryan Davis Christopher Hesse Charles McMurray Jeff Smrcka Joanne Young and Thomas Reece Devlin William Hnath Timothy McNeal Kathleen Smith Church Nicole and John Donlon Dennis Hoogeveen Craig Meyers Terri Lynn and David Soutor Hank Donatell and Amy Fischer James and Ann Howard Family Sheri Mello Jaci and Daniel Sprague Silver Circle Matthew and Lynn Downs Fund of the Minneapolis Sarah Michelle Menke Stephen Stenbeck ($500 - $999) Mindy Dragisich Foundation Brandon Mewhorter Jon Stordahl Matthew Adam Lydia Drexler Kelvin and Amy Hullet Jacob Meyer Chad Surprenant Patty Alcorn Amy Eklund InFaith Community Foundation John and LeAnne Miller John Tauer Julie Anderson Robert Else Andrew and Angie Jacobs Philip and Michelle Miller Greg and Tama Theis Paul Badger Paul and Erin Enter Michael Jacobson Matt Misgen Heather Thielges Timothy Ball Robert and Kathleen Erkel Mark Janning Debra Moen Tana Thompson Keith Balster Karen Erickson Michelle “Shelly” and Tom Jones Michael Mootz Callie Tilley Tim Beers Thomas and Carolyn Espel Carol Judd Brian Mueller Janet Tolander Jessica Bernett Janet and David Estep Patricia Kerner Steven Noble George and Shirley Torrey Kristine Birkholz Kurt and Louise Fasen Robert Kierlin Sandra Oachs Stacey and Gary Tronson Keith Bispala Linda Feddema Robert Kinsella Marc Olson Ryan Urich Laura Blackmer Jerry Felicelli Morgan Kinross-Wright and Doug Opheim Veronica Vail Korey Boelter Jan Fitzer Dirk Kloss Joseph Oppong Daniel Valerio Brad and Katie Boettcher Jacob Folks Monte Kuehl Eric Overman Allisen Waage Merrie Bogdanovich Tim Forstad Julie Kunkel Jason Phillips Matt Wadsten Christina Bohlke Robert Frykman Valerie Kuntz Jill and Gabe Pieper Teresa Waldorf Tracy and Eric Botten Andrew Frye Daniel Kvasnicka Kelly Ramswick Wayne and Sarah Walgenbach Kelly Bowe David Gale Steven Lai Howard Roark Teresa Warne Carla and Byron Brady Lisa Giese Shelli and Tim Langerud Thomas Roos Jessica Washington Alissa and Nathan Brekke Terry and David Gilberstadt Adam Larson Michael Rstom Jacob Whiting Kelly Bretz and Daniel Rydel Dan and Katie Glaser Donald and Joann Leavenworth Richard and Julie Rushton Thomas Willenbring Douglas Brodzik Scott Golmen Matthew Lodes Kendra Ryder Jeremy Willner Keith Bush Kelsey Gordon Brook Mallak Erin Saewert Laura Winger Dale and Heidi Buytaert Kimberly Gordon Joslyn Manske Todd Scearcy Adam and Melissa Worke Sophia Campbell-Smith R.R. Gould Foundation Casey Marsh Mary Jo Schuh Lorie Wressell Kyle Cannon Aaron Green Gary and Jane Marsden Robert Schile Troy and Betsy Cardinal Ryan Grussing Dave Mason Diane Schoeneman Cathy Clarke Michael Hall Mary Lou Mathiowetz Neil Schroeder

Let’s Build. Free Enterprise Society The Free Enterprise Society recognizes individuals who demonstrate outstanding support in helping Junior Achievement inspire and prepare young people to succeed in a global economy. Recognition is provided to individuals and families who have made gifts of $10,000 or more during the year. Individuals who have given $1 million or more over a lifetime are also considered Legacy Members.

Legacy Society Tom J. Rosen Entrepreneur ($1,000,000 over Hugh K. Schilling ($10,000 - $24,999) a lifetime) Richard M. Schulze Family Dick Anderson James R. and Patricia Hemak Foundation Andreas Foundation Peter J. King Family Foundation WEM Foundation Anonymous Otto Bremer Trust Scott and Jill Wine Gina and Jim Blayney Hugh K. Schilling James and Carmen Campbell WEM Foundation Chairman Sandy and Douglas R. ($50,000 - $99,999) Coleman, Jr. Emeritus Fred C. & Katherine B. Andersen James and Tamarra Giertz ($250,000+) Foundation Ronald and Julie Hafner Mark and Mary Davis Hardenbergh Foundation James R. and Patricia Hemak Richard and Theresa Davis Michael Roos and Cindy Goplen LRE Foundation Warren and Mary Lynn Staley Richard and Joyce McFarland President Anne and Thomas Mootz Ambassador ($25,000 - $49,999) Marcel Smits and Virginia Perez ($100,000 - $249,999) Anonymous (2) Sundance Family Foundation Anonymous John Hemak Wenger Foundation Peter J. King Family Foundation Richard and Nancy Nicholson M.A. and Alice Mortenson Greg Page David and Kate Mortenson Michael Wright Otto Bremer Trust

Let’s Build. Tribute Gifts

IN HONOR OF IN MEMORY OF Karen A. Leighton Jean Lovlein Hugh Schilling Vicki Bailey Lynne Mills RSM US LLP Alfrieda Baldwin Moss & Barnett Jeffrey and Nancy Bilitz John Orbison Tom Mayer Disciplined Growth Investors Ronald and Lynn Sandquist Dara Rudick Teresa Guindon Mary and Gary Younker John and Teresa Guthmann Linda and Dean Henderson Peg Schilling Diane and John Houle RSM US LLP Rose Lambros

22 Mission Report 2017-2018 | jaum.org 22 Let’s Build. Partner Support*

METRO Infor Software Fogo de Chao Coca-Cola Foundation Shareholder’s Circle President’s Circle Marsh & McLennan Companies Forum Communications Code42 Software, Inc. ($10,000 - $25,000) ($200,000 and above) Mathnasium Company Congressional Bank Andeavor and the Tesoro Otto Bremer Trust and Meda Frontier Communications of Consolidated Communications Foundation Bremer Bank Medtronic, Inc. Minnesota, Inc. ConvergeOne Associates Circle Wells Fargo and the Wells Fargo RBC Wealth Management and gBETA Co-operative Plating, Inc. ($1,000 - $4,999) Foundation Minnesota the RBC Foundation GE Capital Solutions Costco - Maplewood Aetna Bush Foundation Redpath and Company Goat Consulting Crown Pointe Financial Allstate Foundation Century Circle Rosen’s Diversified Inc. Graco Inc. Services, LLC ($100,000 - $199,999) Sportech Inc. Great River Energy Dale Carnegie Training by Bank of North Dakota Allianz Life Insurance Company Synchrony Bank Greene Espel PLLP Norman & Associates Bartlett & West Inc. of North America Tennant Company and the Hayes Insurance Agency Dell Technologies World Basin Electric Power Cooperative Cargill and the Cargill Foundation Tennant Foundation Hiway Federal Credit Union Department of Defense Bismarck Aero Center CliftonLarsonAllen LLP The Next Step Hofslien Wealth Services, Inc. Eaton Corporation Black Ridge Bank EY Tradition Capital Bank Honeywell Edina Realty BNC National Bank Horton Holding, Inc. Travelers and the Travelers Hospitality House Eide Bailly Brady, Martz & Associates Richard M. Schulze Family Foundation Hudson Rotary Club Fairview Health Services Capital Credit Union Foundation Uponor Corporation IBM Fairview Southdale Hospital Choice Financial U.S. Bank and the U.S. Bank Walser Foundation supported by Integrity Staffing Solutions Farmers Insurance - Hastings Doosan Bobcat Foundation the Walser Automotive Group J&B Group Oak St Edgewood Vista Voya Financial and the Voya Wipfli LLP Jukko/ Global Gaming Initiative Foodsby Inc. First International Bank & Trust Financial Foundation Sponsor’s Circle Keller Williams Realty Global Traffic Technologies First Western Bank & Trust Investor’s Circle ($5,000 - $9,999) Klein Bank Goodin Company MDU Construction Services ($75,000 - $99,999) Ameriprise Knock, Inc Gray Plant Mooty Law Firm MDU Resources Foundation Xcel Energy and the Xcel Energy Baker Tilly Virchow Krause, LLP Larson King, LLP H. Brooks and Company National Information Solutions Foundation Briggs and Morgan Liberty Diversified International Hageman Foundation of Hope Cooperative (NISC) Entrepreneur’s Circle Computype Local Walmart Stores and the HealthSource of Eden Prairie ND Department of ($50,000 - $74,999) Fidelity Bank Walmart Foundation Herregan Distributors, Inc. Transportation AT&T Henricksen ManpowerGroup Hewlett Packard Enterprise North Dakota United Delta Air Lines, Inc. Heraeus Medical Components Metropolitan Airports Houlihan-Lokey Professional Contractors, Inc. Deluxe Corporation and the Deluxe Hubbard Broadcasting Commission Houlton Parents Association Starion Financial Corporation Foundation Hudson Daybreak Rotary Club Metropolitan State University Hudson Prairie Parent Group University of Mary Donaldson Company, Inc. and the Microsoft Minco Products, Inc. Independent Community Wells Fargo Donaldson Foundation Minneapolis City of Lakes MindSHIFT Technologies Bankers Association Friend’s Circle ($500 - $999) General Mills and the General Mills Rotary Club Minnesota Bank & Trust Kaposia, Inc. AT&T Foundation Minneapolis/St. Paul Business Minnesota Department of Kelly Bretz, LLC Bismarck Bucks Pentair, Inc. and the Pentair Journal Education Keystone Real Estate Bismarck/Mandan Elks Lodge Foundation Oracle MRK Financial Solutions, Inc Klar Dig Construction 1199 PwC Red Wing Shoe Company MTS General Colin L. Powell Lakes Center for Youth Bruno’s Pizza RSM US LLP Foundation Leadership Academy JROTC & Families Capital City Lions Securian and the Securian Restaurant Technologies Inc. New Market Bank Lakeville Police Department City of Bismarck Foundation RR Donnelley Northwestern Mutual LCVista INC Downtown Association of UnitedHealth Group Sign-Zone, Inc. Parametric Portfolio Leadership Resources, LLC Bismarck University of St. Thomas Starbucks Coffee Company Associates, LLC Logomos Edward Jones Partner’s Circle University of Minnesota PepsiCo, Inc. Marsden Bldg. Maintenance Co. Eide Bailly ($25,000 - $49,999) Venture Bank Plenteouz of Money Mathiowetz Construction Exploring Leadership Solutions 3M Associates Circle Polaris Industries Inc. Company GA Group, PC Accenture ($1,000 - $4,999) POPP Communications McGough Construction Gate City Bank Andersen Corporation and the 3D Printing and Advanced Prime Therapeutics LLC MDF Trucking Grimsrud Elementary PTO Andersen Corporate Foundation Robotic Solutions LLC Proto Labs Inc. Mid-America Real Estate - Kristin Oban Realty, LLC Best Buy and the Best Buy AdrenaCard, Inc. River Crest Parent Group - Minnesota, LLC Lfp Consulting, LLC Foundation Aetna Hudson Mill City Credit Union Mary Stark Elementary PTA BevSource Amba Property Management INC Rotary Club of Prior Lake MOCA Systems McQuade Distributing Company BMO Harris Bank Bank of America Saint Paul College Motorola Solutions ND Association of Rural Electric CenterPoint Energy Barrie D’Rozario DiLorenzo Sherwin-Williams Nestle Waters Cooperatives (NDAREC) Cretin Derham Hall High School Be Graceful Bakery and Sunrise Banks North Hudson Parent Group Pearce Durick PLLC JROTC Catering LLC Target Corp Northeast Bank Scheel’s Cummins and the Cummins Bell State Bank and Trust Taymark Northwest Area Foundation Securian Financial Group Foundation Better Business Bureau of MN TD Ameritrade Orangetheory Fitness Trivia Tour Deloitte & ND The Hartford Parker Hannifin Corporation VUE Community Credit Union ECMC and the ECMC Foundation Blue Cross Blue Shield of The Schwan Food Company PEAK Resources Inc Great Clips, Inc. Minnesota Topline Federal Credit Union Pelliconi Florida LLC BRAINERD KPMG, LLP Blue Skies Services Total Visibility Quality Computer Services Shareholder’s Circle Land O’Lakes, Inc. Bolton & Menk Travel Tags, a Taylor Corp RE/Max Results ($10,000 - $24,999) M.A. Mortenson Company Boston Scientific Company RJM Enterprises Ascensus MoneyGram International and the Boyum & Barenscheer PLLP Unitech Electronic Roo Solutions, LLC Blandin Foundation MoneyGram Foundation C.H. Robinson Worldwide Contractors, LLC RSP Architects, Ltd. Crow Wing Power Prudential Financial and the Carlson-Tillisch Eye Clinic United States Postal Service Scott County Community Community Trust Prudential Foundation Cedar Association Realty United Translation Services, LLC Development Agency Pillager School District 116 State Farm and the State Farm Cheers Pablo - Hudson UPS Freight Skye Investments LLC Sponsor’s Circle Foundation CHS Inc. Upsher-Smith Laboratories, Inc. South Metro Federal Credit ($5,000 - $9,999) TCF Bank and the TCF Bank City & County Credit Union Verizon Union CliftonLarsonAllen LLP Foundation City of Burnsville Visa Spire Federal Credit Union E. W. Hallett Charitable Trust Thomson Reuters and the City of Hastings Weivoda Financial Ltd. SRF Consulting Group, Inc. Otto Bremer Trust and Bremer Thomson Reuters Foundation City of Savage WESTconsin Credit Union - Swish Beverages Bank Thrivent Financial Columbia Precision Machine Hudson Syngenta Seeds, Inc. Wells Fargo TruStone Financial Corporation Workday Minnesota Teamvantage Molding Associates Circle Wings Financial Federal Credit Connexus Association Friend’s Circle ($500 - $999) Teleflex Medical ($1,000 - $4,999) Union and The Wings Financial Country Financial Accredited Investors, Inc. The Black Tech Guy Andersen Corporation Foundation Crossroads Properties Alerus Financial The Toro Company The Anderson Brothers Shareholder’s Circle Donatelle Plastics Inc. American Family Insurance T-Mobile Family Fund ($10,000 - $24,999) Emerge Community Aqseptence Group, Inc. Vermillion Insurance Agency Associated Bank Minnesota Affinity Plus Federal Credit Union Development Bank of North Dakota Virtue Investment Group LLC BlackRidgeBank Allina Health Emerson Bank of the West W.W. Grainger, Inc. Blum Capital Management Associated Bank Minnesota and EP Rock Parent Group - Hudson Big Spirit, Inc. Wealth Enhancement Group Brainerd Jaycees the Associated Bank Foundation Epsilon Bituminous Roadways, Inc. Willow River Parent Group - Brainerd Lakes Chamber Bridgewater Bank Everest Cleaning Systems, LLC Blahnik Law Office, PLLC Hudson Brainerd Public Schools Carlson School of Management - F&M Bank Brooklyn Center Police Woods & Thompson, P.A. Foundation University of Minnesota Fabcon Department YMCA - Hudson Brainerd Rotary Foundation Delta Dental of Minnesota Fairway Independent Mortgage Camp Fire Minnesota York Solutions Central Lakes College Ecolab Inc. Corporation Caribou Coffee Company Crow Wing County United Way Edward Jones FamilyMeans Consumer Credit Carter Day International, Inc. BISMARCK Frandsen Financial Corporation Federated Insurance Company Counseling Service Celsius Holdings, Inc. Partner’s Circle Gammello-Pearson PLLC FedEx Federal Bureau of Investigation CenturyLink Minnesota ($25,000 - $49,999) GLS Promotions First National Community Bank - Federal Reserve Bank Cherne Contracting Corporation Otto Bremer Trust and Goldleaf Partners New Richmond Firefly Federal Credit Union Chick-fil-A Bremer Bank Initiative Foundation H.B. Fuller Company and the H.B. First American Bank Citizens State Bank - Hudson Jake Brandt State Farm Fuller Foundation FleishmanHillard City of Prior Lake *Includes operating funding, event participation, volunteer hours, employee giving, and in-kind support.

23 Mission Report 2017-2018 | jaum.org Kaiser & Associates, PA Ronald McDonald House Farmamerica Sleepy Eye Serviceman’s Club Benton Telecommunications Lowell Elementary PTA Sanford Health First National Bank Minnesota South Central College Foundation McDonald’s Corporation Scheel’s Frandsen Bank & Trust United Prairie Bank Marco Mid Minnesota Federal SERVE Foundation Gislason & Hunter, LLP Verizon Xcel Energy Credit Union Sinner Bros. & Bresnahan Gustavus Adolphus College Friend’s Circle ($500 - $999) Sponsor’s Circle Motley Police Department Starion Financial Hatanpa Insurance Agency A R R Construction, LLC ($5,000 - $9,999) Neighborhood National Bank Swanson Health Products ISG Allina Health Central Minnesota Credit Union Simonson Lumber Crosslake Thibedeau & Company PC Janesville Area Foundation Chuck Spaeth Ford CliftonLarsonAllen LLP Timber Building Supply Ulteig Engineers Jones Page Jacobson Family First Security Agency of MN, Inc. Great River Federal Credit Union U.S. Bank West Fargo Exchange Club Foundation GAG Sheet Metal, Inc. Premier Real Estate Services Verizon WEX Health Kato Engineering Kohl’s Wells Fargo Widseth Smith Nolting Friend’s Circle ($500 - $999) Kohl’s Levenworth Baseball Associates Circle Friend’s Circle ($500 - $999) 702 Communications Kwik Trip Mike’s Collision & Repair Center ($1,000 - $4,999) Avantech, Inc. Bennett Elementary PTA Lake Washington Improvement Rooms and Rest American Door Works Bercher Design & Construction BlackRidgeBANK Association Schmid Financial Services Anderson Trucking Services, Inc. Clark Lakes Homes, Inc. BNG Holdings, Inc. Lindsay Windows LLC Schwartz Farms, Inc. Avon Lions Club Clow Stamping Company Butler Machinery Company Mapleton Area Foundation Thrivent Financial BankVista Crow Wing County Casselton Community Minnesota State University, Brandl Motors Cuyuna Range Medical Center Endowment Fund Mankato OWATONNA Bremer Bank Echo Publishing & Printing CenturyLink Minnesota Minnesota Valley Federal Credit Investor’s Circle Central MN Noon Optimist Club Essentia Health - St. Joseph’s CNH Industrial Union ($75,000 - $99,999) Chick-fil-A Medical Center Dakota Carrier Network MinnStar Bank Federated Insurance Company City of Waite Park First International Bank & Trust Dakota Supply Group North Central International Shareholder’s Circle Country Financial GrowthZone Family Fare North Star Aviation ($10,000 - $25,000) DAYTA Marketing National Joint Powers Alliance Fargo Moorhead West Fargo Old National Bank Owatonna ISD 761 Executive Express NJPA Chamber Pioneer Bank Wenger Foundation Initiative Foundation Pequot Lakes PTA Flint Group Rasmussen College Sponsor’s Circle J-Berd Companies Premier Financial Resources Kohl’s South Central College ($5,000 - $9,999) Kohl’s R.R. Gould Foundation Kvalvog Properties Stinson Leonard Street Bosch Automotive Service Kwik Trip Riverside PTO Minnesota State University The Rosenau Fund Solutions Mathnasium RiverWood Bank Moorhead United Prairie Bank CliftonLarsonAllen LLP Merrill Corporation Tom Hofius Farmers Insurance ND Farm Bureau Foundation Walmart HomeTown Credit Union Reichert Wenner PA Winegar Dental North Dakota State University Friend’s Circle ($500 - $999) Southern Minnesota Initiative Sam’s Club (NDSU) BankVista Foundation Schlenner, Wenner & Company FARGO NDSU Research & Technology Bethany Lutheran College U.S. Bank Shrewd Real Estate, LLC. Partner’s Circle Park Better Business Bureau of MN Associates Circle St. Cloud Cartridges ($25,000 - $49,000) Network Center, Inc. & ND ($1,000 - $4,999) St. Cloud ISD 742 Otto Bremer Trust and Northwestern Bank - Moorhead Blinds & More All American Foods, Inc. State Farm Bremer Bank Ohnstad Twichell Cornerstone State Bank AmesburyTruth Stearns Bank Shareholder’s Circle Postal Family Federal Credit Coughlan Companies, Inc. Bremer Bank Thrivent Financial ($10,000 - $25,000) Union Holtmeier Construction, Inc. City of Owatonna U.S. Bank Bank of the West Principal Financial Group Hometown Bank Colony Court United Cerebral Palsy of Central Country Financial Rasmussen College Jack Link’s Edward Jones Minnesota Eide Bailly Skaff Apartments Kiwanis Club Evapco Verizon Forum Communications Sundog Krengel Brothers Tiling, Inc. Farmamerica Walmart Company Titan Machinery Marco Inc First National Bank of Waseca Wolters Kluwer Financial Gate City Bank Town & Country Credit Union Mayo Health System Gopher Sport Services Electronic Solutions United Savings Credit Union Midwest Dynamic Merchandizing Itron Inc Friend’s Circle ($500 - $999) and the John Deere Wanzek Construction Minnesota Lake Lions Club Jostens, Inc. Brenny Transportation Media Foundation Wenck Associates, Inc. MRCI Worksource Kohl’s Central McGowan Microsoft Zerr Berg Architects Neubau Holdings, Inc. Owatonna Hospital - Chamber Of Commerce - Sartell U.S. Bank Neutral Path Allina Health Clover Technologies Group Wells Fargo MANKATO Communications LLC Owatonna School District Comfort Keepers Xcel Energy Partner’s Circle Newman Investments LLC 761 Foundation Community Business Sponsor’s Circle ($25,000 - $49,999) Northwestern Mutual Financial Pearson Connections ($5,000 - $9,999) Cambria Network Riverland Community College EL Jay Mechanical, Inc. Bell Bank Shareholder’s Circle Olsen Bulk Service, Inc. Roundbank Falcon National Bank Blue Cross Blue Shield of ND ($10,000 - $24,999) Primesource Funding SpareTime Entertainment Fostering, LLC and Noridian Consolidated Communications Scheel’s Thrivent Financial Gabriel Media Cornerstone Bank L & N Andreas Foundation SpareTime Entertainment United Prairie Bank Granite Equity Partners Doosan Bobcat Verizon Stewart Title Verizon Joel R. Duray DDS Ltd First International Bank & Trust Wells Fargo and the Wells Fargo Subway Viracon MidCountry Bank RBC Wealth Management Foundation MN Thomson Reuters Walmart Minnwest Bank TMI Hospitality Xcel Energy The True Team, Inc. Waseca Area Foundation Northland Capital Financial Western State Bank Sponsor’s Circle Waseca Economic Development Services, LLC Associates Circle ($5,000 - $9,999) NEW ULM Authority Preferred Credit, Inc. ($1,000 - $4,999) Carlson-Tillisch Eye Clinic Shareholder’s Circle Wells Fargo St. Cloud Morning Optimist Club AgCountry Farm Credit CliftonLarsonAllen LLP ($10,000 - $24,999) Wenger Corporation The Grands at Mulligans Services Country Financial 3M and the 3M Foundation Friend’s Circle ($500 - $999) Tri-County Abstract & Title Alerus Financial Eide Bailly Sponsor’s Circle City of Waseca Guaranty, Inc. American Crystal Sugar Glen A. Taylor Foundation ($5,000 - $9,999) ConvergeOne Company Mankato Clinic All American Foods, Inc. Doherty Staffing Solutions American Family Insurance Southern Minnesota Initiative CliftonLarsonAllen LLP Elks Lodge #1395 Ascensus Trust Company Foundation SouthPoint Financial Credit Exchange Club Center for Border States Electric SouthPoint Financial Credit Union Family Unity While we make every effort to be Cargill Union Windings Fernbrook Family Center accurate, we sincerely apologize Choice Financial Group Taylor Corporation Associates Circle General Equipment Company if we misspelled or omitted any Dawson Insurance TCF Bank and the TCF ($1,000 - $4,999) Hy-Vee names. E.W. Wylie Corporation Foundation Alliance Bank i2 Consulting Essentia Health U.S. Bank and the U.S. Bank Bank Midwest Mayo Clinic Health System Please contact Andy Dwyer Farmers Insurance Foundation BIC Graphic Owatonna Area Chamber of at 651.255.0040 or Fiebiger Swanson West Associates Circle Christensen Farms Commerce and Tourism [email protected] with & Co PLLP ($1,000 - $4,999) Citizens Bank Minnesota Prairie Ridge Orthodontics any changes. Thank you First State Bank of North Dakota Abdo Eick & Meyers LLP City of Sleepy Eye Profinium Financial for your support. Fuel, Inc. Alumna Trailers Dittrich Specialties, Inc. Simply Balanced Coaching Integrity Windows & Doors Bent River Outfitter Farmamerica & Training Intelenet Global Services Bolton & Menk, Inc. First Security Bank St. Mary’s Home and School Keller Williams Inspire Realty Bremer Bank Gislason & Hunter, LLP Association Kiwanis Club of Fargo Capstone Publishing Greater Nicollet Area Community Studio Satara Marco CCFBank Foundation Wottreng Family Dental McClean Family Insurance Coldwell Banker Commercial Jensen Motors, Inc. Agency Fisher Group M. R. Paving & Excavating ST. CLOUD Otter Tail Corporation Community Bank Mathiowetz Construction Entrepreneur’s Circle The Preferred Savings Guide Compeer Financial Company ($50,000 - $74,999) The Project Co. Discipline Advisors, Inc. New Ulm Area Foundation Capital One R.D. Offutt Company Downs Food Group New Ulm Real Estate, LLC Shareholder’s Circle ROERS DuPont Pioneer Ridley, Inc - Hubbard Feeds ($10,000 - $25,000)

24 Mission Report 2017-2018 | jaum.org 24 2018–2019 Boards of Directors

GOVERNING BOARD OF DIRECTORS Hugh K. Schilling, Horton Holding, Inc. CHAIR: Pete Godich, Deluxe Corporation Marcel Smits, Cargill, Inc. CHAIR ELECT: Jan Kruchoski, CliftonLarsonAllen LLP Terri Soutor, FastBridge Learning SECRETARY: Patrick Pazderka, Fox Rothschild LLP Steven D. Steen, TruStone Financial TREASURER: Ronald P. Hafner, Wipfli LLP Alyse Stofer, Medtronic Amanda Swoverland, Sunrise Banks Rotolu Adebiyi, Thrivent Financial Ryan Thomas, Mercer Pam Stegora Axberg, UnitedHealthcare Brett Thorne, RBC Correspondent Services Paul Badger, Travelers and RBC Advisor Services Duane Benson Kreg Weigand, KPMG LLP Kelly Bretz Brian West, AT&T Mobility & Entertainment Toby Broberg, Delta Air Lines Paul S. Williams, Synchrony Financial Tina Burbach, Accenture Jamie Woell, RSM US LLP Heidi R. Christopherson, Securian Financial Group Rose Chu, Minnesota Education Equity Partnership Kevin DiLorenzo, Barrie D’Rozario DiLorenzo Michael Duffy, retired, DST Market Services, LLC Kent Engler, TCF Bank James R. Giertz, retired, H.B. Fuller Company (Emeritus) Terry Gilberstadt, Horton Holding, Inc. Rob Goggins, Great Clips, Inc. Tim Grafe, Donaldson Company Robert Grubka, Voya Financial John Hajostek, Forum Communications Company David Hakensen, FleishmanHillard Christopher Higgins, U.S. Bank Tom Hoff, SW/WC Service Cooperatives Tom Holman, Morning Foundation Dan Hoverman, retired, Mounds View Public Schools Peter Janzen, retired, Land O’Lakes Janet Johanson, BevSource Paul Johnson, Xcel Energy Shane Johnson, Bremer Bank Edward M. Kadletz, Wells Fargo Paul Koch, UBS Financial Services Eric Laughlin, Thomson Reuters Joy Linsday, Liberty Diversified International, Inc. REGIONAL ADVISORY BOARDS Julie A. Loughrey, Ecolab Sherri Matuke, Bremer Bank BISMARCK Steve Mayle, General Mills Joel Bird, Ameriprise Financial Phil Miller, Carlson School of Management Melissa Hammond, Bismarck Bucks Matthew Mohs, Saint Thomas Academy Jim Jeske, Pioneer Elementary School Thomas E. Montminy, PwC Michelle Jones, Wells Fargo Tammy Moon, CIBC Garrett Kunz, AT&T Anne Mootz, EY Dawn Kopp, Downtown Business Association of Bismarck Brian Peterson, TruChoice Financial Group, LLC David Leingang, Bismarck/Mandan Chamber of Commerce Barb Renner, Deloitte Tax LLP Aaron Ness, Eide Bailly LLP Julie Rethemeier, Federated Insurance Company Curtis Peterson, Bremer Bank Abe Rezai, H.B. Fuller Chad Radke, Mary Stark Elementary Michael Roos, retired, KPMG LLP Wendy Van Duyne, Stantec Troy Rossow, BMO Harris Cecilia Saddler, Minneapolis Public Schools BRAINERD Elizabeth Sanberg, Pentair Sarah Adams, Bremer Bank Colleen Sauter, University of St. Thomas/Opus Angela Andrist, Brainerd High School College of Business Michelle Gonska, CliftonLarsonAllen LLP Martin Scanlon, ECMC Group

25 Mission Report 2017-2018 | jaum.org Brook Mallak, Raboin & Francis Law Office Jenna Peterson, CliftonLarsonAllen LLP Dawn Meierding, GLS Promotions Kayla Sandersfeld, New Ulm High School Kevin O’Grady, Goldleaf Partners Kari Steele, United Prairie Bank Aaron Stegner, Justin, Clausen & Company LTD James Thompson, Ascensus OWATONNA Christa Wacker, CliftonLarsonAllen LLP Dale Buytaert, CliftonLarsonAllen LLP Jennifer Copeland, Viracon FARGO Jason Eyberg, Bremer Bank Nicole Aarestad, Bell State Bank and Trust Katie Glaser, ConvergeOne Jodi Christiansen, Microsoft Jon Huemoeller, Fernbrook Family Center Todd Clark, Country Financial Angela Klecker, Jostens Lukas Croaker, Ohnstad Twichell Law Firm Troy Klecker, City of Owatonna Jeremy Elbert, RBC Wealth Management Michelle Krell, Owatonna ISD 761 Lisa Giese, Integrity Windows & Doors Robert McMullen, Wenger Corporation Kelsey Gordon, Microsoft Kellyanna Moore, Mayo Clinic Health Systems John Hajostek, Forum Communications Company Juliana Sammon, Riverland Community College Denise Jonas, Cass County Career & Technical Education Center Kathleen Smith, U.S. Bancorp Joshua Jorgenson, Swanson Health Products David Thamert, Wells Fargo Reid Mattson, Eide Bailly Toni Webster, Federated Insurance Company Karsten Melgaard, Bank of the West Adam Worke, Colony Court Todd Scearcy, U.S. Bank Anni Yule, Amesbury Truth Heather Swanson, Marco Technologies LLC Michael Wickham, Starion Financial ST. CLOUD LeeAnn Staffne, Alerus Financial Daniel Edelbrock, U.S. Bancorp Callie Schlieman, Bell State Bank and Trust Nicole Folkerts, CliftonLarsonAllen LLP Adam Wendorf, Myriad Mobile Wendy Gray, Capital One Financial Tina Hengel, Premier Real Estate Services MANKATO Jon Latcham, Schlenner, Wenner & Company Linda Albrecht, Eide Bailly Kimberly Magnuson, Bremer Bank Chet Anderson, Bremer Bank John Miller, Country Financial – Cold Spring Matthew Downs, Carlson-Tillisch Eye Clinic Lynne Ridgway, Reichert Wenner PA April Femrite, Coldwell Banker Commercial Fisher Group Tom Seidl, Marco Nathan Hanel, Capstone Publishing Trina Shea, Wells Fargo Jessica Hatanpa, Hatanpa Insurance Agency Joel Heitner, SouthPoint Financial Credit Union Miranda Honnette, Consolidated Communications Doug Lago, United Prairie Bank Jason Lieske, Country Financial Jodi Lumsden, CliftonLarsonAllen LLP Jennifer Lurken, Gislason & Hunter LLP Jeannie Meidlinger, South Central College Larissa Mrozek, Abdo Eick & Meyers LLP Michael Mulvihill, Taylor Corporation Brandon Thiesse, U.S. Bank Anne Wolff, Snell Motors Samuel Ziegler, Greater Mankato Growth

NEW ULM Jeff Amundson, Bank Midwest Catherine Anderson, Alliance Bank Julie Anderson, Mathiowetz Construction Company Jill Berdan, Edward Jones Nicole Briggs, Jensen Motors, Inc. Scott Cooper, 3M Kimberly Hanson, New Ulm Real Estate, LLC

26 Mission Report 2017-2018 | jaum.org 10

12 7

4 2 6 3 22 1 17 24

25

8 13 28 9 27 16 26 20 14 15 11 29 18 21 23

19 5

1 ALEXANDRIA 9 HUTCHINSON 17 MORRISON CO. 25 ST. CLOUD 2 BISMARCK/MANDAN 10 INTERNATIONAL FALLS 18 MURRAY CO. 26 ST. CROIX/PIERCE CO. 3 BRAINERD LAKES AREA 11 MANKATO 19 NOBLES CO. 27 TWIN CITIES 4 DULUTH 12 MINOT 20 NEW ULM 28 WILLMAR 5 FAIRMONT 13 LAC QUI PARLE CO. 21 OWATONNA 29 WINONA 6 FARGO/MOORHEAD 14 LINCOLN CO. 22 PARKERS PRAIRIE 7 GRAND FORKS 15 LYON CO. 23 ROCHESTER 8 HUDSON 16 MONTEVIDEO 24 SAUK CENTRE

Geographic Reach 2017-2018

Regional Operations Satellite Operations

Bismarck/Mandan New Ulm Total Satellite Numbers Contact hours 18,010 Contact hours 30,017 Contact hours 129,787 Students 3,340 Students 3,652 Students 20,247 Economically disadvantaged** 526 Economically disadvantaged** 487 Economically disadvantaged** 9,433 Schools 31 Schools 13 Schools 112 Volunteers 121 Volunteers 169 Volunteers 916

Brainerd Owatonna Junior Achievement of the Contact hours 38,688 Contact hours 40,679 Upper Midwest Reach Students 7,067 Students 5,880 Economically disadvantaged** 3,153 Economically disadvantaged** 2,391 Hours of JA curriculum 1,220,223 Schools 17 Schools 16 Students 165,551 Volunteers 207 Volunteers 315 Economically disadvantaged** 61,972 Schools 728 Fargo, ND/Moorhead, MN St. Cloud Volunteers 10,557 Contact hours 54,314 Contact hours 53,389 Students 10,025 Students 7,697 Economically disadvantaged** 3,614 Economically disadvantaged** 3,294 *Includes 11-county metro area and two Schools 41 Schools 31 counties in western Wisconsin Volunteers 485 Volunteers 315 ** Students attending schools with more Mankato Twin Cities Metro Area* than 40% free and reduced lunch Contact hours 88,560 Contact hours 766,779 Students 10,203 Students 97,440 Economically disadvantaged** 2,116 Economically disadvantaged** 36,958 Schools 30 Schools 437 Volunteers 389 Volunteers 7,756

27 Mission Report 2017-2018 | jaum.org 2017-2018 Financials*

Activities July 1, 2017 - June 30, 2018 (in millions)

The Junior Junior Achievement of the Achievement 15% Upper Midwest, Inc. Foundation of the Upper Operating1 Buildings2 Midwest 73% REVENUE 8% Philanthropy $3.06 $7.21 ­— Events $0.92 ­— ­— Program Fees & Other $0.48 ­— $0.07 4% Campaign Gifts Transferred3 — — $11.41 Total $4.46 $7.21 $11.48

EXPENSES Personnel $2.79 $0.18 $0.05 Program $0.93 ­— ­— Operations & Misc. $0.51 $0.02 $0.36 Facilities $0.17 ­— ­— FUNCTIONALIZED OPERATING EXPENSES Depreciation ­— $0.15 ­— Campaign Gifts Transferred3 — $11.41 — Program 73% Total $4.40 $11.76 $0.41 In-School Delivery Model 62% Surplus (Deficit) $0.06 ($4.56) $11.07 Learning Facility 11%

Development 15% Statement of Positions as of June 30, 2018 Management & General 8% The Junior Junior Achievement of the Achievement Volunteer Recruitment 4% Upper Midwest, Inc. Foundation of the Upper Operating1 Buildings2 Midwest ASSETS Cash $1.85 $0.37 ­— Cash - NMTC 3 ­— $7.65 $0.02 Investments ­— ­— $0.90 Pledge Receivables $0.80 $2.16 $3.65 Prepaid & Other Assets $0.13 $0.62 $0.11 Notes Receivable - NTMC 3 $11.30 ­— ­— 1 Portrays the day to day operational activities for JAUM. Interfunds $1.35 ($1.25) ($0.10) 2 Portrays the two buildings owned by JAUM and the related fundraising Property & Equipment, net —­ $11.43 ­— activities for these buildings Total $4.13 $20.36 $15.77 3 In June 2018, JAUM was the recipient of a New Market Tax Credits (NMTC) financing arrangement. NMTC provided $16,000,000 for the ongoing renovation of the building purchased in July 2017.

LIABILITIES These arrangements provide federal tax incentives to the investing banks. Notes Payable - NMTC 3 ­— $15.01 ­— In exchange, JAUM anticipates forgiveness of a portion of the outstanding Notes Payable - NMTC at the end of a seven year period. The net impact of Notes Payable - Other —­ $2.00 $3.54 this transaction is expected to be $3.2M that pays for a portion of the cost of the building and its renovations. Other liabilities $.50 ­$2.26 ­— Total $.50 $19.27 $3.54 JAUM transferred assets to the Foundation in order to facilitate this NMTC transaction. NET ASSETS Unrestricted $2.10 ($0.06) $8.42 *Consolidated financial information for JAUM operating, buildings, and JAUM Foundation – unaudited and non-GAAP. A responsible operating Temporarily Restricted $1.53 $1.15 $0.58 surplus allows us to self-fund our cash flow needs and build a solid financial Permanently Restricted —­ —­ $0.60 foundation for continued program growth. Audited, GAAP financial statements with footnotes will be posted on our website, jaum.org, in October Total $3.63 $1.09 $12.23 2018 following the completion of our annual external financial audit. Total Liabilities & Net Assets $4.13 $20.36 $15.77

28 Mission Report 2017-2018 | jaum.org Junior Achievement Foundation of the Upper Midwest

Our ability to provide relevant, hands-on learning experiences depends upon the depth of our funding. The Junior Achievement Foundation of the Upper Midwest will provide a reliable, secure funding stream to increase participation by controlling costs to schools and households, and by providing more opportunities through creative programming and outreach to new student populations.

Create a legacy of preparing young people for a successful future by including Junior Achievement Foundation of the Upper Midwest as a beneficiary in your will, trust arrangement, life insurance policy, retirement plan, or other financial vehicle.

Planned gift donors will be recognized as members of the Schilling Family Legacy Society as supporters who have taken deliberate steps to ensure our future success.

Learn more at www.jaum.org/support-ja

JA Foundation Board of Directors Schilling Family Legacy Society Mike Roos, retired, KPMG LLP (Chair) Ronald D. Cody Jan Kruchoski, CliftonLarsonAllen (Chair-Elect) James R. and Patricia Hemak Jim Hemak, Webincs, Inc. (Secretary and Treasurer) Barbara Koch Mike Duffy, retired, DST Market Services, LLC Paul and Michelle Koch Pete Godich, Deluxe Corporation Richard and Joyce McFarland Paul Koch, UBS Financial Services, Inc. Daniel P. and Carol Mulheran Hugh Schilling, Horton Holding, Inc. (Advisory Member) Hugh K. Schilling

29 Mission Report 2017-2018 | jaum.org Ways to Partner with JA

Volunteer for a Mentor a Student Host a JA JA Program JA Company Job Shadow

Make a Gift Participate in a Adopt a School Special Event

Visit jaum.org/support-ja for a complete description of ways to partner with JA. Announcing the Junior Achievement James R. and Patricia Hemak Experiential Learning Center

Our new headquarters, the Junior Achievement James R. and Patricia Hemak Experiential Learning Center, will be open for business in January 2019! Come visit us in the Midway neighborhood of St. Paul, conveniently located on University Avenue and the Green Line light rail.

1745 University Avenue W St. Paul, MN 55104 651-255-0055 jaum.org 31 Mission Report 2017-2018 | jaum.org