THOMAS AND JULIANNE YOUNGREN FOUNDATION: Form 990PF, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- THOMAS AND JULIANNE YOUNGREN FOUNDATION (EIN 37-6439234)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-05-13
- IRS object ID
- 202431349349103948
- Schema version
- 2023v5.0
- 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 | 2024-05-13T16:01:13-05:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2023-01-01 | 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 | 2024-05-06 | SignatureDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | false | IRSResponsiblePrtyInfoCurrInd |
Additional Filer Information AdditionalFilerInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | TrustedCustomerGrp |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $6,819,463 | FMVAssetsEOYAmt |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Dividends Rev And Expnss | $164,626 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $164,626 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $71,619 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $209,412 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $71,619 | CapGainNetIncmNetInvstIncmAmt |
| Net ST Capital Gain Adj Net Incm | $0 | NetSTCapitalGainAdjNetIncmAmt |
| Total Rev And Expnss | $236,245 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $236,245 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $32,497 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $12,999 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $19,498 | 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 | $55 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $55 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $0 | OtherProfFeesDsbrsChrtblAmt |
| Interest Dsbrs Chrtbl | $0 | InterestDsbrsChrtblAmt |
| Taxes Rev And Expnss | $2,896 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $1,798 | 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 | $35,473 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $14,852 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $19,523 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $298,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $298,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $333,473 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $14,852 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $317,523 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$97,228 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $221,393 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $206,431 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $108,894 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $108,894 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl EOY | $0 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $0 | AcctRcvblEOYFMVAmt |
| Other Rcvbl Allwnc Dbtfl Acct | $0 | OtherRcvblAllwncDbtflAcctAmt |
| Corporate Stock BOY | $1,153,539 | CorporateStockBOYAmt |
| Corporate Stock EOY | $1,079,781 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $2,425,415 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $894,856 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $968,588 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $947,568 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $2,407,936 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $2,407,937 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $3,337,586 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $4,662,762 | TotalAssetsBOYAmt |
| Total Assets EOY | $4,565,200 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $6,819,463 | TotalAssetsEOYFMVAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $4,662,762 | CapitalStockBOYAmt |
| Capital Stock EOY | $4,565,200 | CapitalStockEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $4,662,762 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $4,565,200 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $4,662,762 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $4,565,200 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $4,662,762 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$97,228 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $4,565,534 | SubtotalAmt |
| Other Decreases | $334 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $4,565,200 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (15 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|
| 150. CULLEN/FROST BANKERS INC | 2020-06-26 | 2023-02-08 | $19,804 | $10,703 | $9,101 | $9,101 |
| 300. DONALDSON CO INC | 2016-05-11 | 2023-02-08 | $18,901 | $9,880 | $9,021 | $9,021 |
| 500. HORMEL FOODS CORP | 2023-02-08 | $22,328 | $17,249 | $5,079 | $5,079 | |
| 300. PROTO LABS INC | 2023-02-08 | $9,547 | $22,023 | -$12,476 | -$12,476 | |
| 25. BADGER METER INC | 2014-01-27 | 2023-06-26 | $3,630 | $656 | $2,974 | $2,974 |
| 220. C.H. ROBINSON WORLDWIDE INC | 2023-06-26 | $20,340 | $13,350 | $6,990 | $6,990 | |
| 190. DONALDSON CO INC | 2023-06-26 | $11,735 | $6,122 | $5,613 | $5,613 | |
| 140. ECOLAB INC | 2007-09-17 | 2023-06-26 | $25,268 | $5,998 | $19,270 | $19,270 |
| 25. ELI LILLY & CO | 2017-07-26 | 2023-06-26 | $11,336 | $2,041 | $9,295 | $9,295 |
| 30. NVIDIA CORP | 2022-06-14 | 2023-06-26 | $12,306 | $4,764 | $7,542 | $7,542 |
| 50. ALPHABET INC-CL C | 2023-10-25 | $6,364 | $5,386 | $978 | $978 | |
| 100. JOHNSON & JOHNSON | 2023-10-25 | $15,181 | $6,207 | $8,974 | $8,974 | |
| 25. ELI LILLY & CO | 2017-07-26 | 2023-10-25 | $14,710 | $2,041 | $12,669 | $12,669 |
| 445. ROCHE HOLDINGS LTD-SPONS ADR | 2023-10-25 | $14,621 | $17,442 | -$2,821 | -$2,821 | |
| 175. SLEEP NUMBER CORP | 2023-10-25 | $3,341 | $13,931 | -$10,590 | -$10,590 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $71,619 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $3,077 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $3,077 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $3,077 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $3,948 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $3,948 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $871 | OverpaymentAmt |
| Applied To ES Tax | $871 | 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 | $32,497 |
| 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 | $6,305,053 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $236,096 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $6,541,149 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $6,541,149 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $98,117 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $6,443,032 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $322,152 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $322,152 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $3,077 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $3,077 | TotalTaxAmt |
| Distributable Before Adj | $319,075 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $319,075 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $319,075 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $317,523 | 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 | $317,523 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $319,075 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $57,588 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $98,239 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $83,169 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $56,658 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $13,731 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $309,385 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $317,523 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $317,523 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $1,552 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $1,552 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $307,833 | 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 | $56,036 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $251,797 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $98,239 | ExcessFromYear4Amt |
| Excess From Year3 | $83,169 | ExcessFromYear3Amt |
| Excess From Year2 | $56,658 | ExcessFromYear2Amt |
| Excess From Year1 | $13,731 | ExcessFromYear1Amt |
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 StatusRecipientFoundationStatusTxt | 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 | $4,000 | |
| 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 | $3,000 | 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 | $3,000 | |
| Science Museum of Minnesota | ||||||||
| 120 W KELLOGG BLVD | Saint Paul | MN | 55102 | N/A | PC | GENERAL OPERATING | $48,000 | |
| Minnesota Historical Society | ||||||||
| 345 KELLOGG BLVD W | St Paul | MN | 55102 | N/A | PC | GENERAL OPERATING | $50,000 | |
| Twin Cities Public Television Inc | ||||||||
| 172 4TH ST E | Saint Paul | MN | 55101 | N/A | PC | GENERAL OPERATING | $5,000 | |
| MINNESOTA PUBLIC RADIO | ||||||||
| 480 CEDAR ST | ST PAUL | MN | 55101 | N/A | PC | GENERAL OPERATING | $5,000 | |
| Children's Theatre Company and School | ||||||||
| 2400 THIRD AVENUE SOUTH | Minneapolis | MN | 55404 | N/A | PC | GENERAL OPERATING | $3,000 | |
| 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 | $30,000 | |
| MINNESOTA TEEN CHALLENGE | ||||||||
| 740 EAST 24TH STREET | MINNEAPOLIS | MN | 55404 | N/A | PC | GENERAL OPERATING | $5,000 | |
| Theatre Latte Da | ||||||||
| 345 13TH AVE NE | Minneapolis | MN | 55413 | N/A | PC | GENERAL OPERATING | $20,000 | |
| Mayo Clinic | ||||||||
| 200 FIRST ST SW | Rochester | MN | 55902 | N/A | PC | DEPARTMENT OF HEMATOLOGY | $15,000 | |
| Many Rivers Montessori | ||||||||
| 110 W REDWING ST | Duluth | MN | 55803 | N/A | PC | GENERAL OPERATING | $15,000 | |
| International Justice Mission | ||||||||
| PO BOX 58147 | Washington | DC | 20037 | N/A | PC | GENERAL OPERATING | $6,000 | |
| Sugarbush Trail Association Inc | ||||||||
| PO BOX 2112 | Tofte | MN | 55615 | N/A | PC | GENERAL OPERATING | $4,000 | |
| Southern Poverty Law Center Inc | ||||||||
| 400 WASHINGTON AVE | Montgomery | AL | 36104 | N/A | PC | GENERAL OPERATING | $8,000 | |
| 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 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $298,000 | 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 | $164,626 | 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 | $71,619 | 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 | $236,245 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $236,245 | 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 (13 entries)
| BondBondNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| 06051GFS3 BANK OF AMERICA CORP | $73,968 | $73,877 |
| 20030NBY6 COMCAST CORP 3.3% 01 | $75,325 | $72,355 |
| 278642AW3 EBAY INC 2.7% 11 MAR | $76,028 | $66,702 |
| 31428XBV7 FEDEX CORP 3.1% 05 A | $74,997 | $69,463 |
| 375558AZ6 GILEAD SCIENCES INC | $75,310 | $73,784 |
| 38143U8H7 GOLDMAN SACHS GROUP | $74,833 | $73,299 |
| 46625HJT8 JPMORGAN CHASE & CO | $75,003 | $74,867 |
| 172967MP3 CITIGROUP INC 4.412% | $72,175 | $71,734 |
| 316773CV0 FIFTH THIRD BANCORP | $72,421 | $71,885 |
| 65339KCJ7 NEXTERA ENERGY CAPIT | $75,984 | $75,370 |
| 70450YAL7 PAYPAL HOLDINGS INC | $73,753 | $74,516 |
| 92343VER1 VERIZON COMMUNICATIO | $74,470 | $74,194 |
| 30040WAU2 EVERSOURCE ENERGY 5. | $74,321 | $75,522 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (55 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| 002824100 ABBOTT LABORATORIES | $18,545 | $44,028 |
| 018802108 ALLIANT ENERGY CORP | $24,206 | $25,650 |
| 02079K107 ALPHABET INC-CL C | $52,203 | $133,884 |
| 025816109 AMERICAN EXPRESS CO | $11,647 | $37,468 |
| 056525108 BADGER METER INC | $3,935 | $23,156 |
| 071813109 BAXTER INTERNATIONAL | $3,922 | $11,598 |
| 09073M104 BIO-TECHNE CORP | $22,487 | $61,728 |
| 12541W209 C.H. ROBINSON WORLDW | $10,288 | $15,550 |
| 253798102 DIGI INTERNATIONAL I | $8,415 | $16,900 |
| 254687106 WALT DISNEY CO/THE | $10,147 | $36,116 |
| 257651109 DONALDSON CO INC | $13,813 | $28,427 |
| 278865100 ECOLAB INC | $17,993 | $83,307 |
| 311900104 FASTENAL CO | $7,319 | $55,055 |
| 337738108 FISERV INC | $8,382 | $92,988 |
| 359694106 H.B. FULLER CO. | $24,358 | $48,846 |
| 384109104 GRACO INC | $11,245 | $156,168 |
| 437076102 HOME DEPOT INC | $5,340 | $38,121 |
| 438516106 HONEYWELL INTERNATIO | $4,687 | $41,942 |
| 440452100 HORMEL FOODS CORP | $6,062 | $32,110 |
| 47074L105 JAMF HOLDING CORP | $10,188 | $5,418 |
| 478160104 JOHNSON & JOHNSON | $33,202 | $94,044 |
| 532457108 ELI LILLY & CO | $10,203 | $72,865 |
| 537008104 LITTELFUSE INC | $38,187 | $53,512 |
| 594918104 MICROSOFT CORP | $35,913 | $75,208 |
| 620076307 MOTOROLA SOLUTIONS I | $29,525 | $54,790 |
| 67066G104 NVIDIA CORP | $13,346 | $108,948 |
| 731068102 POLARIS INC | $15,131 | $11,846 |
| 74251V102 PRINCIPAL FINANCIAL | $12,834 | $25,568 |
| 742718109 PROCTER & GAMBLE CO/ | $12,163 | $21,981 |
| 747525103 QUALCOMM INC | $13,578 | $14,463 |
| 771195104 ROCHE HOLDINGS LTD-S | $17,295 | $20,107 |
| 808513105 SCHWAB (CHARLES) COR | $12,379 | $30,960 |
| 824348106 SHERWIN-WILLIAMS CO/ | $21,781 | $37,428 |
| 871829107 SYSCO CORP | $31,917 | $32,908 |
| 87612E106 TARGET CORP | $9,285 | $17,803 |
| 880345103 TENNANT CO | $23,865 | $30,124 |
| 88579Y101 3M CO | $7,099 | $10,932 |
| 891092108 TORO CO | $53,402 | $76,792 |
| 902973304 US BANCORP | $57,502 | $88,724 |
| 911312106 UNITED PARCEL SERVIC | $5,327 | $15,723 |
| 91324P102 UNITEDHEALTH GROUP I | $72,054 | $131,618 |
| 92826C839 VISA INC-CLASS A SHA | $48,877 | $71,596 |
| 949746101 WELLS FARGO & CO | $31,203 | $66,447 |
| G5960L103 MEDTRONIC PLC | $66,450 | $74,142 |
| G6700G107 NVENT ELECTRIC PLC | $5,545 | $41,363 |
| 29362U104 ENTEGRIS INC | $9,166 | $11,982 |
| 368736104 GENERAC HOLDINGS INC | $11,925 | $12,924 |
| 46625H100 JPMORGAN CHASE & CO | $18,591 | $25,515 |
| 640491106 NEOGEN CORP | $1,279 | $2,433 |
| 665859104 NORTHERN TRUST CORP | $17,618 | $16,876 |
| 773903109 ROCKWELL AUTOMATION | $20,005 | $31,048 |
| 79466L302 SALESFORCE INC | $10,817 | $13,157 |
| 98139A105 WORKIVA INC | $4,643 | $7,615 |
| 053015103 AUTOMATIC DATA PROCE | $10,781 | $11,649 |
| 882508104 TEXAS INSTRUMENTS IN | $21,711 | $23,864 |
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 | $1,313,864 | $1,165,429 |
| VANGUARD TOTAL INT ST IDX-AD | AT COST | $500,492 | $618,814 |
| VANGUARD TOTAL STK MKT INDEX F | AT COST | $593,581 | $1,553,343 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | BOOK TO TAX DIFFERENCES | Desc |
| Amt | $334 | 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 | $55 | Amt |
| Net Investment Income | $55 | NetInvestmentIncomeAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (4 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| FOREIGN TAXES | $448 | $448 | $0 |
| FEDERAL ESTIMATES | $1,098 | $0 | $0 |
| FOREIGN TAXES ON QUALIFIED FOR | $875 | $875 | $0 |
| FOREIGN TAXES ON NONQUALIFIED | $475 | $475 | $0 |