THOMAS AND JULIANNE YOUNGREN FOUNDATION: Form 990PF, tax year 2025
View the entire original 990 at ProPublica ↗
- Organization
- THOMAS AND JULIANNE YOUNGREN FOUNDATION (EIN 37-6439234)
- Tax period
- 2025-01-01 to 2025-12-31
- Filed
- 2026-05-14
- IRS object ID
- 202641349349102579
- Schema version
- 2025v4.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990-PF
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Other Decreases Schedule
- Other Expenses Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2026-05-14T11:01:18-05:00 | ReturnTs |
| Tax Period End | 2025-12-31 | TaxPeriodEndDt |
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2025-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 376439234 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THOMAS AND JULIANNE YOUNGREN FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | EMER | BusinessNameControlTxt |
| Phone | 6053366832 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 401 E 8TH ST STE 319 | AddressLine1Txt |
| City | SIOUX FALLS | CityNm |
| State Abbreviation | SD | StateAbbreviationCd |
| ZIP | 571037031 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MATTHEW C MCMILLEN | PersonNm |
| Person Title | VICE PRESIDENT | PersonTitleTxt |
| Phone | 6053366832 | PhoneNum |
| Signature | 2026-05-06 | SignatureDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2025 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $7,864,436 | FMVAssetsEOYAmt |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Dividends Rev And Expnss | $196,816 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $196,816 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $527,740 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $1,160,099 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $527,740 | CapGainNetIncmNetInvstIncmAmt |
| Net ST Capital Gain Adj Net Incm | $0 | NetSTCapitalGainAdjNetIncmAmt |
| Total Rev And Expnss | $724,556 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $724,556 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $37,840 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $15,136 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $22,704 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $0 | OthEmplSlrsWgsNetInvstIncmAmt |
| Oth Empl Slrs Wgs Adj Net Incm | $0 | OthEmplSlrsWgsAdjNetIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $0 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Net Invst Incm | $0 | PensionEmplBnftNetInvstIncmAmt |
| Pension Empl Bnft Adj Net Incm | $0 | PensionEmplBnftAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $0 | LegalFeesDsbrsChrtblAmt |
| Other Prof Fees Rev And Expnss | $45 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $45 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $0 | OtherProfFeesDsbrsChrtblAmt |
| Interest Dsbrs Chrtbl | $0 | InterestDsbrsChrtblAmt |
| Taxes Rev And Expnss | $19,502 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $2,448 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $0 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $0 | DeprecAndDpltnNetInvstIncmAmt |
| Trav Conf Meeting Net Invst Incm | $0 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Adj Net Incm | $0 | TravConfMeetingAdjNetIncmAmt |
| Printing And Pub Net Invst Incm | $0 | PrintingAndPubNetInvstIncmAmt |
| Printing And Pub Adj Net Incm | $0 | PrintingAndPubAdjNetIncmAmt |
| Other Expenses Rev And Expnss | $25 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Dsbrs Chrtbl | $25 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $57,412 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $17,629 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $22,729 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $331,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $331,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $388,412 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $17,629 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $353,729 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $336,144 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $706,927 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $153,655 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $392,141 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $392,141 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl EOY | $0 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $0 | AcctRcvblEOYFMVAmt |
| Other Rcvbl Allwnc Dbtfl Acct | $0 | OtherRcvblAllwncDbtflAcctAmt |
| Corporate Stock BOY | $1,085,388 | CorporateStockBOYAmt |
| Corporate Stock EOY | $1,305,149 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $2,503,388 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $1,195,483 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $1,149,074 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $1,157,184 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $2,501,722 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $2,424,706 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $3,811,723 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $4,936,248 | TotalAssetsBOYAmt |
| Total Assets EOY | $5,271,070 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $7,864,436 | TotalAssetsEOYFMVAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $4,936,248 | CapitalStockBOYAmt |
| Capital Stock EOY | $5,271,070 | CapitalStockEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $4,936,248 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $5,271,070 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $4,936,248 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $5,271,070 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $4,936,248 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $336,144 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $5,272,392 | SubtotalAmt |
| Other Decreases | $1,322 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $5,271,070 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (45 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|
| 490.059 VANGUARD TTL STK MKT-ADM | 2014-02-03 | 2025-01-16 | $70,000 | $21,627 | $48,373 | $48,373 |
| 75000. GILEAD SCIENCES INC 3.5% 01 FEB 2025 | 2018-02-01 | 2025-02-03 | $75,000 | $75,000 | ||
| 155. ABBOTT LABORATORIES | 2025-02-25 | $20,939 | $8,245 | $12,694 | $12,694 | |
| 365. ALLIANT ENERGY CORP | 2021-02-18 | 2025-02-25 | $23,282 | $17,670 | $5,612 | $5,612 |
| 100. ALPHABET INC-CL C | 2025-02-25 | $17,884 | $5,508 | $12,376 | $12,376 | |
| 80. FISERV INC | 2009-07-20 | 2025-02-25 | $18,482 | $958 | $17,524 | $17,524 |
| 125. GRACO INC | 2009-04-20 | 2025-02-25 | $10,823 | $781 | $10,042 | $10,042 |
| 80. HONEYWELL INTERNATIONAL INC | 2003-05-14 | 2025-02-25 | $17,032 | $1,875 | $15,157 | $15,157 |
| 120. JOHNSON & JOHNSON | 2025-02-25 | $19,897 | $6,372 | $13,525 | $13,525 | |
| 380. SCHWAB (CHARLES) CORP | 2016-03-04 | 2025-02-25 | $29,981 | $10,453 | $19,528 | $19,528 |
| 80. SYSCO CORP | 2020-06-26 | 2025-02-25 | $5,947 | $4,295 | $1,652 | $1,652 |
| 260. US BANCORP | 2025-02-25 | $11,920 | $7,398 | $4,522 | $4,522 | |
| 405. MEDTRONIC PLC | 2015-01-27 | 2025-02-25 | $36,346 | $29,903 | $6,443 | $6,443 |
| 50. AUTOMATIC DATA PROCESSING | 2024-06-18 | 2025-05-07 | $15,200 | $12,236 | $2,964 | $2,964 |
| 50. AUTOMATIC DATA PROCESSING | 2023-06-26 | 2025-05-07 | $15,200 | $10,781 | $4,419 | $4,419 |
| 225. GRACO INC | 2009-04-20 | 2025-05-07 | $18,429 | $1,406 | $17,023 | $17,023 |
| 75. HONEYWELL INTERNATIONAL INC | 2003-05-14 | 2025-05-07 | $16,075 | $1,757 | $14,318 | $14,318 |
| 70. SCHWAB (CHARLES) CORP | 2016-03-04 | 2025-05-07 | $5,851 | $1,926 | $3,925 | $3,925 |
| 640. US BANCORP | 2025-05-07 | $26,506 | $15,620 | $10,886 | $10,886 | |
| 20. ULTA BEAUTY INC | 2024-02-13 | 2025-05-07 | $7,828 | $10,566 | -$2,738 | -$2,738 |
| 150. WELLS FARGO & CO | 2020-10-14 | 2025-05-07 | $11,024 | $3,518 | $7,506 | $7,506 |
| 95. ABBOTT LABORATORIES | 2016-09-30 | 2025-07-28 | $12,001 | $3,994 | $8,007 | $8,007 |
| 75. ALPHABET INC-CL C | 2019-06-13 | 2025-07-28 | $14,435 | $4,088 | $10,347 | $10,347 |
| 200. WALT DISNEY CO/THE | 2025-07-28 | $24,006 | $5,362 | $18,644 | $18,644 | |
| 150. DONALDSON CO INC | 2016-03-04 | 2025-07-28 | $10,791 | $4,763 | $6,028 | $6,028 |
| 135. PRINCIPAL FINANCIAL GROUP | 2020-06-26 | 2025-07-28 | $10,840 | $5,327 | $5,513 | $5,513 |
| 140. US BANCORP | 2003-01-23 | 2025-07-28 | $6,455 | $3,012 | $3,443 | $3,443 |
| 75000. BANK OF AMERICA CORP 3.875% 01 AUG 2025 | 2018-10-10 | 2025-08-01 | $75,000 | $73,968 | $1,032 | $1,032 |
| 1788.659 VANGUARD TTL INT ST IDX-ADM | 2025-10-16 | $71,242 | $51,162 | $20,080 | $20,080 | |
| 918.613 VANGUARD TTL STK MKT-ADM | 2014-02-03 | 2025-10-16 | $145,683 | $40,541 | $105,142 | $105,142 |
| 150. ABBOTT LABORATORIES | 2016-09-30 | 2025-10-17 | $19,217 | $6,306 | $12,911 | $12,911 |
| 50. ALPHABET INC-CL C | 2019-06-13 | 2025-10-17 | $12,564 | $2,726 | $9,838 | $9,838 |
| 230. FASTENAL CO | 2009-04-20 | 2025-10-17 | $9,708 | $990 | $8,718 | $8,718 |
| 45. JOHNSON & JOHNSON | 2004-01-22 | 2025-10-17 | $8,674 | $2,377 | $6,297 | $6,297 |
| 100. NVIDIA CORP | 2019-10-30 | 2025-10-17 | $18,081 | $508 | $17,573 | $17,573 |
| 165. QUALCOMM INC | 2024-10-18 | 2025-10-17 | $26,761 | $28,133 | -$1,372 | -$1,372 |
| 170. TARGET CORP | 2025-10-17 | $15,290 | $15,710 | -$420 | -$420 | |
| 200. NVENT ELECTRIC PLC | 2025-10-17 | $19,728 | $1,647 | $18,081 | $18,081 | |
| 75000. GOLDMAN SACHS GROUP INC 3.75% 25 FEB 2026 | 2017-03-16 | 2025-11-25 | $75,000 | $74,833 | $167 | $167 |
| 50. ALPHABET INC-CL C | 2019-06-13 | 2025-12-15 | $15,370 | $2,726 | $12,644 | $12,644 |
| 50. JOHNSON & JOHNSON | 2004-01-22 | 2025-12-15 | $10,707 | $2,641 | $8,066 | $8,066 |
| 150. NVIDIA CORP | 2019-10-30 | 2025-12-15 | $26,610 | $763 | $25,847 | $25,847 |
| 60. ROCKWELL AUTOMATION INC | 2025-12-15 | $24,144 | $15,097 | $9,047 | $9,047 | |
| 50. UNITEDHEALTH GROUP INC | 2025-05-07 | 2025-12-15 | $17,073 | $19,511 | -$2,438 | -$2,438 |
| 50. UNITEDHEALTH GROUP INC | 2025-12-15 | $17,073 | $18,279 | -$1,206 | -$1,206 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $527,740 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $9,826 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $9,826 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $9,826 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $10,068 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $10,068 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $242 | OverpaymentAmt |
| Applied To ES Tax | $242 | AppliedToESTaxAmt |
| Refund | $0 | RefundAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | MN | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DORSEY & WHITNEY TRUST COMPANY LLC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 6053366832 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 401 E 8TH ST STE 319 | AddressLine1Txt |
| City | SIOUX FALLS | CityNm |
| State Abbreviation | SD | StateAbbreviationCd |
| ZIP | 571037031 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | Yes (true) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | false | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt |
|---|---|---|---|---|---|---|
| DORSEY WHITNEY TRUST COMPANY LLC | ||||||
| 401 E 8TH ST STE 319 | SIOUX FALLS | SD | 571037031 | TRUSTEE | 1 | $37,840 |
| THOMAS R YOUNGREN | ||||||
| 401 E 8TH ST STE 319 | SIOUX FALLS | SD | 571037031 | TRUSTEE | 1 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Summary Of Direct Chrtbl Acty | SummaryOfDirectChrtblActyGrp | |
| Sum Of Program Related Invst | SumOfProgramRelatedInvstGrp |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $7,296,970 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $322,147 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $7,619,117 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $7,619,117 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $114,287 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $7,504,830 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $375,242 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $375,242 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $9,826 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $9,826 | TotalTaxAmt |
| Distributable Before Adj | $365,416 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $365,416 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $365,416 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $353,729 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $0 | CharitableAssetsAcquisPaidAmt |
| Set Aside Suitability Test | $0 | SetAsideSuitabilityTestAmt |
| Set Aside Cash Distri Test | $0 | SetAsideCashDistriTestAmt |
| Qualifying Distributions | $353,729 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $365,416 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $83,169 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $56,658 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $13,731 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $0 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $0 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $153,558 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $353,729 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $353,729 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $11,687 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $11,687 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $141,871 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $71,482 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $70,389 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $56,658 | ExcessFromYear4Amt |
| Excess From Year3 | $13,731 | ExcessFromYear3Amt |
| Excess From Year2 | $0 | ExcessFromYear2Amt |
| Excess From Year1 | $0 | ExcessFromYear1Amt |
| Excess From Current Year | $0 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (24 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusCd | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Business Name Line2RecipientBusinessName/BusinessNameLine2Txt |
|---|---|---|---|---|---|---|---|---|
| Duluth Cross Country Ski Club | ||||||||
| 1346 W ARROWHEAD RD PMB 3444 | Duluth | MN | 55811 | N/A | PC | GENERAL OPERATING | $2,000 | |
| Lake Superior Youth Chorus Inc | ||||||||
| 1200 KENWOOD AVENUE TOWER 4600 | Duluth | MN | 55811 | N/A | PC | GENERAL OPERATING | $5,000 | |
| Second Harvest Heartland | ||||||||
| 7101 WINNETKA AVE N | Brooklyn Park | MN | 55428 | N/A | PC | GENERAL OPERATING | $5,000 | |
| Friends of the Boundary Waters | ||||||||
| 2250 UNIVERSITY AVE W STE 180S | Saint Paul | MN | 55114 | N/A | PC | GENERAL OPERATING | $5,000 | Wilderness |
| Hartley Nature Center | ||||||||
| 3001 WOODLAND AVE | Duluth | MN | 55803 | N/A | PC | GENERAL OPERATING | $3,000 | |
| Cyclists of the Gitchee Gumee Shores Inc | ||||||||
| PO BOX 161261 | Duluth | MN | 55816 | N/A | PC | GENERAL OPERATING | $2,000 | |
| Duluth Playhouse Inc | ||||||||
| 211 E SUPERIOR ST | Duluth | MN | 55802 | N/A | PC | GENERAL OPERATING | $5,000 | |
| Science Museum of Minnesota | ||||||||
| 120 W KELLOGG BLVD | Saint Paul | MN | 55102 | N/A | PC | GENERAL OPERATING | $50,000 | |
| Minnesota Historical Society | ||||||||
| 345 KELLOGG BLVD W | St Paul | MN | 55102 | N/A | PC | GENERAL OPERATING | $60,000 | |
| Twin Cities Public Television Inc | ||||||||
| 172 4TH ST E | Saint Paul | MN | 55101 | N/A | PC | GENERAL OPERATING | $15,000 | |
| MINNESOTA PUBLIC RADIO | ||||||||
| 480 CEDAR ST | ST PAUL | MN | 55101 | N/A | PC | GENERAL OPERATING | $10,000 | |
| Children's Theatre Company and School | ||||||||
| 2400 THIRD AVENUE SOUTH | Minneapolis | MN | 55404 | N/A | PC | GENERAL OPERATING | $5,000 | |
| Safe Haven Shelter for Battered Women | ||||||||
| PO BOX 3558 | Duluth | MN | 55803 | N/A | PC | GENERAL OPERATING | $5,000 | |
| Childrens Shelter of Cebu | ||||||||
| 3600 LEXINGTON AVE N SUITE 209 | Shoreview | MN | 55126 | N/A | PC | GENERAL OPERATING | $20,000 | |
| MINNESOTA TEEN CHALLENGE | ||||||||
| 740 EAST 24TH STREET | MINNEAPOLIS | MN | 55404 | N/A | PC | GENERAL OPERATING | $5,000 | |
| Rivers of Hope | ||||||||
| PO BOX 511 | Monticello | MN | 55362 | N/A | PC | GENERAL OPERATING | $5,000 | |
| Theatre Latte Da | ||||||||
| 345 13TH AVE NE | Minneapolis | MN | 55413 | N/A | PC | GENERAL OPERATING | $25,000 | |
| Mayo Clinic | ||||||||
| 200 FIRST ST SW | Rochester | MN | 55902 | N/A | PC | DEPARTMENT OF HEMATOLOGY | $25,000 | |
| Many Rivers Montessori | ||||||||
| 110 W REDWING ST | Duluth | MN | 55803 | N/A | PC | GENERAL OPERATING | $15,000 | |
| Sugarbush Trail Association Inc | ||||||||
| PO BOX 2112 | Tofte | MN | 55615 | N/A | PC | GENERAL OPERATING | $3,000 | |
| Convoy of Hope | ||||||||
| 1 CONVOY DRIVE | Springfield | MO | 65802 | N/A | PC | GENERAL OPERATING | $2,000 | |
| Loaves and Fishes Housing Inc | ||||||||
| 1712 JEFFERSON ST | Duluth | MN | 55812 | N/A | PC | GENERAL OPERATING | $5,000 | |
| Zero Abuse Project | ||||||||
| 366 JACKSON ST STE 300 | Saint Paul | MN | 55101 | N/A | PC | JACOB WETTERLING RESOURCE | $50,000 | |
| Timberland Hills Foundation | ||||||||
| CASTA BOX 1046 | Cumberland | WI | 54829 | N/A | PC | GENERAL OPERATING | $4,000 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $331,000 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fees Contracts From Govt Ag | FeesContractsFromGovtAgGrp | |
| Membership Dues And Assmnt | MembershipDuesAndAssmntGrp | |
| Int On Sav And Temp Cash Invst | IntOnSavAndTempCashInvstGrp |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $196,816 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Rntl Incm Re Debt Fincd Prop | NetRntlIncmReDebtFincdPropGrp | |
| Net Rntl Incm Re Not Debt Fincd Prop | NetRntlIncmReNotDebtFincdProp | |
| Net Rental Income Personal Prop | NetRentalIncomePersonalPropGrp | |
| Other Investment Income | OtherInvestmentIncomeGrp |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $527,740 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $724,556 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $724,556 | TotalIncomeProducingActyAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Rln Of Acty To Accom Of Exmpt Prps | RlnOfActyToAccomOfExmptPrpsGrp |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | RelationshipsNonchrtblEOInd |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp (19 entries)
| BondBondNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| 06051GFS3 BANK OF AMERICA CORP | ||
| 20030NBY6 COMCAST CORP 3.3% 01 | $75,125 | $74,561 |
| 278642AW3 EBAY INC 2.7% 11 MAR | $75,699 | $70,477 |
| 31428XBV7 FEDEX CORP 3.1% 05 A | $74,997 | $72,136 |
| 375558AZ6 GILEAD SCIENCES INC | ||
| 38143U8H7 GOLDMAN SACHS GROUP | ||
| 172967MP3 CITIGROUP INC 4.412% | $72,174 | $74,987 |
| 316773CV0 FIFTH THIRD BANCORP | ||
| 65339KCJ7 NEXTERA ENERGY CAPIT | $75,760 | $76,820 |
| 70450YAL7 PAYPAL HOLDINGS INC | $73,753 | $74,876 |
| 92343VER1 VERIZON COMMUNICATIO | $74,470 | $75,617 |
| 30040WAU2 EVERSOURCE ENERGY 5. | $74,321 | $75,879 |
| 032095AQ4 AMPHENOL CORP 5.25% | $76,026 | $77,996 |
| 24422EWP0 JOHN DEERE CAPITAL C | $75,190 | $75,014 |
| 855244BJ7 STARBUCKS CORP 5% 15 | $74,680 | $76,479 |
| 913017BJ7 RTX CORP 5.4% 01 MAY | $76,085 | $78,985 |
| 294429AX3 EQUIFAX INC 4.8% 15 | $101,439 | $101,681 |
| 316773CV0 FIFTH THIRD BANCORP | $72,420 | $74,862 |
| 539830BV0 LOCKHEED MARTIN CORP | $76,935 | $76,814 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (58 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| 002824100 ABBOTT LABORATORIES | ||
| 018802108 ALLIANT ENERGY CORP | $39,912 | $50,383 |
| 02079K107 ALPHABET INC-CL C | $15,080 | $101,985 |
| 09073M104 BIO-TECHNE CORP | $23,727 | $47,048 |
| 12541W209 C.H. ROBINSON WORLDW | $14,160 | $34,563 |
| 254687106 WALT DISNEY CO/THE | $4,785 | $22,754 |
| 257651109 DONALDSON CO INC | ||
| 278865100 ECOLAB INC | $7,497 | $45,941 |
| 311900104 FASTENAL CO | $5,166 | $48,156 |
| 337738108 FISERV INC | $6,227 | $34,928 |
| 359694106 H.B. FULLER CO. | $24,358 | $35,676 |
| 384109104 GRACO INC | $8,434 | $110,660 |
| 437076102 HOME DEPOT INC | $12,111 | $30,969 |
| 438516106 HONEYWELL INTERNATIO | ||
| 440452100 HORMEL FOODS CORP | $12,773 | $28,677 |
| 478160104 JOHNSON & JOHNSON | $6,603 | $25,868 |
| 532457108 ELI LILLY & CO | $6,530 | $85,974 |
| 537008104 LITTELFUSE INC | $38,187 | $50,584 |
| 594918104 MICROSOFT CORP | $159,716 | $241,810 |
| 620076307 MOTOROLA SOLUTIONS I | $30,508 | $57,498 |
| 67066G104 NVIDIA CORP | $6,864 | $251,775 |
| 74251V102 PRINCIPAL FINANCIAL | ||
| 742718109 PROCTER & GAMBLE CO/ | $12,164 | $21,497 |
| 747525103 QUALCOMM INC | $22,104 | $25,658 |
| 771195104 ROCHE HOLDINGS LTD-S | $50,660 | $72,198 |
| 808513105 SCHWAB (CHARLES) COR | ||
| 824348106 SHERWIN-WILLIAMS CO/ | $21,782 | $38,884 |
| 871829107 SYSCO CORP | ||
| 87612E106 TARGET CORP | ||
| 880345103 TENNANT CO | $29,514 | $28,375 |
| 88579Y101 3M CO | ||
| 891092108 TORO CO | $66,493 | $76,752 |
| 902973304 US BANCORP | ||
| 91324P102 UNITEDHEALTH GROUP I | $60,851 | $74,274 |
| 92826C839 VISA INC-CLASS A SHA | $48,877 | $96,445 |
| 949746101 WELLS FARGO & CO | $20,243 | $83,880 |
| G5960L103 MEDTRONIC PLC | ||
| G6700G107 NVENT ELECTRIC PLC | $3,898 | $50,985 |
| 29362U104 ENTEGRIS INC | $29,435 | $24,853 |
| 46625H100 JPMORGAN CHASE & CO | $31,409 | $64,444 |
| 773903109 ROCKWELL AUTOMATION | $16,004 | $31,126 |
| 79466L302 SALESFORCE INC | $10,817 | $13,246 |
| 98139A105 WORKIVA INC | $10,826 | $12,938 |
| 053015103 AUTOMATIC DATA PROCE | ||
| 882508104 TEXAS INSTRUMENTS IN | $21,711 | $24,288 |
| 023135106 AMAZON.COM INC | $145,394 | $167,345 |
| 500754106 KRAFT HEINZ CO/THE | $33,792 | $25,463 |
| 90384S303 ULTA BEAUTY INC | ||
| 92343V104 VERIZON COMMUNICATIO | $49,480 | $46,840 |
| 46120E602 INTUITIVE SURGICAL I | $13,858 | $14,159 |
| 98978V103 ZOETIS INC | $12,634 | $13,211 |
| 192422103 COGNEX CORP | $12,359 | $10,794 |
| 037833100 APPLE INC | $8,745 | $12,233 |
| 30303M102 META PLATFORMS INC | $54,241 | $56,107 |
| 697435105 PALO ALTO NETWORKS I | $7,202 | $6,447 |
| 92939U106 WEC ENERGY GROUP INC | $48,405 | $47,457 |
| 451107106 IDACORP INC | $12,224 | $12,656 |
| 874039100 TAIWAN SEMICONDUCTOR | $27,389 | $45,584 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (3 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| VANGUARD TOTAL BD MKT IDX ADM | AT COST | $1,517,927 | $1,380,369 |
| VANGUARD TOTAL INT ST IDX-AD | AT COST | $446,733 | $730,118 |
| VANGUARD TOTAL STK MKT INDEX F | AT COST | $460,046 | $1,701,236 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | BOOK / TAX TIMING DIFFERENCES | Desc |
| Amt | $1,322 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | STATE RE-REGISTRATION FEE | Desc |
| Revenue And Expenses Per Books | $25 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $25 | DisbursementsCharitablePrpsAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | INVESTMENT EXPENSES | CategoryTxt |
| Amt | $45 | Amt |
| Net Investment Income | $45 | NetInvestmentIncomeAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (5 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| FOREIGN TAXES | $745 | $745 | $0 |
| FEDERAL TAX PAYMENT | $6,986 | $0 | $0 |
| FEDERAL ESTIMATES | $10,068 | $0 | $0 |
| FOREIGN TAXES ON QUALIFIED FOR | $1,215 | $1,215 | $0 |
| FOREIGN TAXES ON NONQUALIFIED | $488 | $488 | $0 |