CLOVERFIELDS FOUNDATION: Form 990PF, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- CLOVERFIELDS FOUNDATION (EIN 20-1919362)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-11-15
- IRS object ID
- 202443209349107474
- Schema version
- 2023v5.1
- 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
- Schedule B
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Other Decreases Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-11-15T16:35:11-06:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 331197384 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ANDERSEN TAX LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 71 SOUTH WACKER DRIVE | AddressLine1Txt |
| City | CHICAGO | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60606 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2023-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 201919362 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CLOVERFIELDS FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | CLOV | BusinessNameControlTxt |
| Phone | 9522088625 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 111 10TH STREET SOUTH 200 | AddressLine1Txt |
| City | NAPLES | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 34102 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MICHAEL DESLAURIERS | PersonNm |
| Person Title | TREASURER | PersonTitleTxt |
| Phone | 9522088625 | PhoneNum |
| Signature | 2024-11-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (1) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | KATHERINE MCCUE | PreparerPersonNm |
| PTIN | P01807357 | PTIN |
| Phone | 3123573950 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2024-10-15 13:58:12Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Change | Yes (X) | AddressChangeInd |
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $178,062,668 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $28,498,017 | ContriRcvdRevAndExpnssAmt |
| Dividends Rev And Expnss | $2,016,956 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $2,016,956 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $12,824,519 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $24,362,248 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $12,824,519 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $43,339,492 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $14,841,475 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $0 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Adj Net Incm | $0 | CompOfcrDirTrstAdjNetIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Other Prof Fees Rev And Expnss | $13,252 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $13,252 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Adj Net Incm | $0 | OtherProfFeesAdjNetIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $0 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $107,286 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $39,872 | TaxesNetInvstIncmAmt |
| Taxes Adj Net Incm | $0 | TaxesAdjNetIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $120,538 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $53,124 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $5,706,050 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $5,706,050 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $5,826,588 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $53,124 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $5,706,050 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $37,512,904 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $14,788,351 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $1,042,001 | CashBOYAmt |
| Cash EOY | $11,855,677 | CashEOYAmt |
| Cash EOYFMV | $11,855,677 | CashEOYFMVAmt |
| Sav And Temp Cash Invst EOYFMV | $628,060 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $30,442,761 | CorporateStockBOYAmt |
| Corporate Stock EOY | $39,708,996 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $134,888,437 | CorporateStockEOYFMVAmt |
| Invst Land Cost Or Other Basis | $4,607,141 | InvstLandCostOrOtherBasisAmt |
| Land Bldg Investments BOY | $4,607,141 | LandBldgInvestmentsBOYAmt |
| Land Bldg Investments EOY | $4,607,141 | LandBldgInvestmentsEOYAmt |
| Land Bldg Investments EOYFMV | $4,750,000 | LandBldgInvestmentsEOYFMVAmt |
| Other Investments BOY | $4,497,932 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $4,086,049 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $25,940,494 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $40,589,835 | TotalAssetsBOYAmt |
| Total Assets EOY | $60,257,863 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $178,062,668 | TotalAssetsEOYFMVAmt |
| Grants Payable BOY | $6,420,000 | GrantsPayableBOYAmt |
| Grants Payable EOY | $4,600,000 | GrantsPayableEOYAmt |
| Total Liabilities BOY | $6,420,000 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $4,600,000 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $0 | CapitalStockBOYAmt |
| Capital Stock EOY | $0 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $34,169,835 | RetainedEarningBOYAmt |
| Retained Earning EOY | $55,657,863 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $34,169,835 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $55,657,863 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $40,589,835 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $60,257,863 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $34,169,835 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $37,512,904 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $71,682,739 | SubtotalAmt |
| Other Decreases | $16,024,876 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $55,657,863 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (7 entries)
| PropertyPropertyDesc | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|
| PUBLICLY TRADED SECURITIES - FIDELITY BROKERAGE SERVICES LLC #6683 | $2,553,281 | $2,474,193 | $79,088 | $79,088 |
| PUBLICLY TRADED SECURITIES - FIDELITY BROKERAGE SERVICES LLC #6684 | $1,809,031 | $1,708,216 | $100,815 | $100,815 |
| PUBLICLY TRADED SECURITIES - FIDELITY BROKERAGE SERVICES LLC #7887 | $127,587 | $129,043 | -$1,456 | -$1,456 |
| PUBLICLY TRADED SECURITIES - FIDELITY BROKERAGE SERVICES LLC #6683 | $4,133,255 | $4,207,331 | -$74,076 | -$74,076 |
| PUBLICLY TRADED SECURITIES - FIDELITY BROKERAGE SERVICES LLC #6684 | $2,288,823 | $2,091,542 | $197,281 | $197,281 |
| PUBLICLY TRADED SECURITIES - FIDELITY BROKERAGE SERVICES LLC #7887 | $208,601 | $252,844 | -$44,243 | -$44,243 |
| PUBLICLY TRADED SECURITIES - RBC #8801 | $13,241,670 | $674,560 | $12,567,110 | $12,567,110 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $12,824,519 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | $178,447 | NetShortTermCapitalGainLossAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $205,558 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $205,558 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $205,558 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $0 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $300,000 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $300,000 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $94,442 | OverpaymentAmt |
| Applied To ES Tax | $94,442 | AppliedToESTaxAmt |
| Refund | $0 | RefundAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | DE | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
| Individual With Books | MICHAEL DESLAURIERS | IndividualWithBooksNm |
| Phone | 9522088625 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 111 10TH STREET SOUTH SUITE 200 | AddressLine1Txt |
| City | NAPLES | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 34102 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | 0 | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | 0 | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | 0 | BusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | 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 | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| STEPHEN J HEMSLEY | ||||||||
| 21 THIRD STREET NORTH SUITE 400 | MINNEAPOLIS | MN | 55401 | PRESIDENT | 1.00 | $0 | $0 | $0 |
| BARBARA K HEMSLEY | ||||||||
| 21 THIRD STREET NORTH SUITE 400 | MINNEAPOLIS | MN | 55401 | DIRECTOR | 0.50 | $0 | $0 | $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 |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $113,440,733 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $3,347,552 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $22,285,343 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $139,073,628 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $139,073,628 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $2,086,104 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $136,987,524 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $6,849,376 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $6,849,376 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $205,558 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $205,558 | TotalTaxAmt |
| Distributable Before Adj | $6,643,818 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $6,643,818 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $6,643,818 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $5,706,050 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $5,706,050 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $6,643,818 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr4 | $143,717 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $1,254,161 | ExcessDistributionCyovYr3Amt |
| Total Excess Distribution Cyov | $1,397,878 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $5,706,050 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $5,706,050 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $937,768 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $937,768 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $460,110 | 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 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $460,110 | ExcessDistriCyovToNextYrAmt |
| Excess From Year3 | $460,110 | ExcessFromYear3Amt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | STEPHEN J HEMSLEY | ContributingManagerNm |
| Contributing Manager | BARBARA K HEMSLEY | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (31 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Address Line2RecipientUSAddress/AddressLine2Txt |
|---|---|---|---|---|---|---|---|---|
| 180 DEGREES INC | ||||||||
| 2906 CENTRAL ST | EVANSTON | IL | 60201 | NONE | PC | GENERAL OPERATING FUND | $3,000 | |
| ASCENSION CATHOLIC SCHOOL | ||||||||
| 1726 DUPONT AVENUE NORTH | MINNEAPOLIS | MN | 55411 | NONE | PC | GENERAL OPERATING FUND | $25,000 | |
| BASILICA OF ST MARY'S | ||||||||
| PO BOX 50010 | MINNEAPOLIS | MN | 55405 | NONE | PC | GENERAL OPERATING FUND | $50,000 | |
| BRECK SCHOOL | ||||||||
| 123 OTTAWA AVE N | GOLDEN VALLEY | MN | 55422 | NONE | PC | GENERAL OPERATING FUND | $60,000 | |
| CENTRAL PARK CONSERVANCY | ||||||||
| 14 EAST 60TH STREET | NEW YORK | NY | 10022 | NONE | PC | GENERAL OPERATING FUND | $10,000 | |
| CHILDREN'S THEATRE | ||||||||
| 2400 3RD AVE SOUTH | MINNEAPOLIS | MN | 55404 | NONE | PC | GENERAL OPERATING FUND | $50,000 | |
| CONSTELLATION FUND | ||||||||
| 323 NORTH WASHINGTON AVENUE 2ND FL | MINNEAPOLIS | MN | 55401 | NONE | PC | GENERAL OPERATING FUND | $200,000 | |
| COUNCIL 1869 INC | ||||||||
| PO BOX 50010 | GARDEN CITY | NY | 11530 | NONE | PC | GENERAL OPERATING FUND | $5,000 | |
| DELASALLE HIGH SCHOOL | ||||||||
| 3434 SOUTH MICHIGAN AVENUE | CHICAGO | IL | 60616 | NONE | PC | GENERAL OPERATING FUND | $250,000 | |
| FRENCH AMERICAN INTERNATIONAL SCHOOL | ||||||||
| 150 OAK STREET | SAN FRANCISCO | CA | 94102 | NONE | PC | GENERAL OPERATING FUND | $400,000 | |
| GEORGETOWN UNIVERSITY | ||||||||
| 2115 WISCONSIN AVE NW STE 500 | WASHINGTON | DC | 20007 | NONE | PC | GENERAL OPERATING FUND | $1,200,000 | |
| GILDA'S CLUB TWIN CITITES | ||||||||
| 10560 WAYZATA BLVD | MINNEAPOLIS | MN | 55305 | NONE | PC | GENERAL OPERATING FUND | $5,000 | |
| HUMANE SOCIETY | ||||||||
| 1255 23RD STNW SUITE 450 | WASHINGTON | DC | 20037 | NONE | PC | GENERAL OPERATING FUND | $2,500 | |
| INTERFAITH OUTREACH & COMMUNITY PARTNERS | ||||||||
| 1605 COUNTY ROAD 101 | PLYMOUTH | MN | 55447 | NONE | PC | GENERAL OPERATING FUND | $515,000 | |
| LEO C BYRNE RESIDENCE FUND | ||||||||
| COURT WEST SUITE 500 2610 UNIVERSIT | ST PAUL | MN | 55114 | NONE | PC | GENERAL OPERATING FUND | $1,500,000 | AVENUE WEST |
| MARYWOOD UNIVERSITY | ||||||||
| 2300 ADAMS AVENUE | SCRANTON | PA | 18509 | NONE | PC | GENERAL OPERATING FUND | $600,000 | |
| MINNEAPOLIS INSTITUTE OF ARTS | ||||||||
| 2400 3RD AVE S | MINNEAPOLIS | MN | 55404 | NONE | PC | GENERAL OPERATING FUND | $25,000 | |
| NATIONAL ALOPECIA FOUNDATION | ||||||||
| 65 MITCHELL BOULEVARD STE 200-B | SAN RAFAEL | CA | 94903 | NONE | PC | GENERAL OPERATING FUND | $2,500 | |
| NATIONAL MULTIPLE SCLEROSIS SOCIETY | ||||||||
| PO BOX 91891 | WASHINGTON | DC | 200901891 | NONE | PC | GENERAL OPERATING FUND | $5,000 | |
| NORTHERN STAR SCOUTING | ||||||||
| 6202 BLOOMINGTON RD | ST PAUL | MN | 55111 | NONE | PC | GENERAL OPERATING FUND | $60,000 | |
| PROJECT GOT YOUR BACK | ||||||||
| 5123 W 98TH ST | BLOOMINGTON | MN | 55437 | NONE | PC | GENERAL OPERATING FUND | $7,500 | |
| PROJECT HOPE | ||||||||
| 7500 OLD GEORGETOWN RD SUITE 600 | BETHESDA | MD | 20814 | NONE | PC | GENERAL OPERATING FUND | $25,000 | |
| SMILE TRAIN | ||||||||
| 633 THIRD AVENUE 9TH FLOOR | NEW YORK | NY | 10017 | NONE | PC | GENERAL OPERATING FUND | $15,000 | |
| ST OLAF CATHOLIC CHURCH | ||||||||
| 215 S 8TH STREET | MINNEAPOLIS | MN | 55402 | NONE | PC | GENERAL OPERATING FUND | $50,000 | |
| ST THERESE SCHOOL | ||||||||
| 18325 MINNETONKA BLVD | DEEPHAVEN | MN | 55391 | NONE | PC | GENERAL OPERATING FUND | $50,000 | |
| THE GREAT NORTHERN | ||||||||
| 3754 PLEASANT AVE 420W | MINNEAPOLIS | MN | 55409 | NONE | PC | GENERAL OPERATING FUND | $10,000 | |
| THE GREATER BOSTON FOOD BANK | ||||||||
| 70 SOUTH BAY AVE | BOSTON | MA | 02118 | NONE | PC | GENERAL OPERATING FUND | $5,000 | |
| UNBOUND | ||||||||
| 1 ELMWOOD AVE | KANSAS CITY | KS | 66103 | NONE | PC | GENERAL OPERATING FUND | $7,500 | |
| UNIVERSITY OF MINNESOTA | ||||||||
| 200 OAK STREET SE | MINNEAPOLIS | MN | 55455 | NONE | PC | GENERAL OPERATING FUND | $56,000 | |
| UNIVERSITY OF ST THOMAS - DOUGHERTY COLLEGE | ||||||||
| 2115 SUMMIT AVENUE | ST PAUL | MN | 55105 | NONE | PC | GENERAL OPERATING FUND | $500,000 | |
| WASHBURN CENTER FOR CHILDREN | ||||||||
| 1100 GLENWOOD AVE | MINNEAPOLIS | MN | 55405 | NONE | PC | GENERAL OPERATING FUND | $12,050 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $5,706,050 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $2,016,956 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $12,824,519 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $14,841,475 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $14,841,475 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | 0 | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | 0 | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | 0 | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | 0 | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | 0 | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | 0 | RelationshipsNonchrtblEOInd |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
| Contributor Person | STEPHEN HEMSLEY | ContributorPersonNm |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 21 THIRD STREET NORTH SUITE 400 | AddressLine1Txt |
| City | MINNEAPOLIS | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 55401 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $28,498,017 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
| Noncash Contribution | Yes (X) | NoncashContributionInd |
Non Cash Property Contribution NonCashPropertyContributionGrp (4 entries)
| ContributorContributorNum | Noncash PropertyNoncashPropertyDesc | Fair Market ValueFairMarketValueAmt | ReceivedReceivedDt |
|---|---|---|---|
| 1 | 22,259 SHARES UNITEDHEALTH GROUP (UNH) STOCK | $11,984,468 | 2023-11-16 |
| 1 | 18,500 SHARES UNITEDHEALTH GROUP | $9,982,415 | 2023-11-22 |
| 1 | 21,800 SHARES ALPHABET, INC (GOOGL) STOCK | $3,057,014 | 2023-12-29 |
| 1 | 20,400 SHARES JPMORGAN CHASE & CO (JPM) STOCK | $3,474,120 | 2023-12-29 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | MARKETABLE SECURITIES | StockNm |
| EOY Book Value | $39,708,996 | EOYBookValueAmt |
| EOYFMV | $134,888,437 | EOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (3 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| EURO (EUR) | FMV | $0 | $44,242 |
| POUND STERLING (GBP) | FMV | $0 | $45,012 |
| PRIVATE EQUITY FUND INVESTMENTS | AT COST | $4,086,049 | $25,851,240 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER DIFFERENCES | Desc |
| Amt | $16,024,876 | Amt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | INVESTMENT MANAGEMENT FEES | CategoryTxt |
| Amt | $13,252 | Amt |
| Net Investment Income | $13,252 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| PROPERTY TAXES | $60,714 | $0 | $0 | $0 |
| NET INVESTMENT INCOME TAX | $6,700 | $0 | $0 | $0 |
| FOREIGN TAXES PAID | $39,872 | $39,872 | $0 | $0 |
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