CAFESJIAN FAMILY FOUNDATION INC: Form 990PF, tax year 2022

View the entire original 990 at ProPublica ↗

Organization: CAFESJIAN FAMILY FOUNDATION INC (EIN 81-3442853)
Tax period: 2022-01-01 to 2022-12-31
Filed: 2023-06-08
IRS object ID: 202321599349100307
Schema version: 2022v5.0
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
Accounting Fees Schedule
Distribution From Corpus Election
Expenditure Responsibility Stmt
General Explanation Attachment
Investments Corp Bonds Schedule
Investments Corp Stock Schedule
Investments Other Schedule2
Legal Fees Schedule
Other Assets Schedule
Other Decreases Schedule
Other Expenses Schedule
Other Income Schedule2
Other Increases Schedule
Other Notes Loans Rcvbl Long Sch
Other Professional Fees Schedule
Taxes Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2023-06-08T11:11:48-05:00	ReturnTs
Tax Period End	2022-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	366055558	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	GRANT THORNTON LLP	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	757 THIRD AVENUE 3RD FLOOR	AddressLine1Txt
City	NEW YORK	CityNm
State Abbreviation	NY	StateAbbreviationCd
ZIP	100172013	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990PF	ReturnTypeCd
Tax Period Begin	2022-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	813442853	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	CAFESJIAN FAMILY FOUNDATION INC	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	CAFE	BusinessNameControlTxt
Phone	6123598991	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	4600 CHURCHILL ST 1	AddressLine1Txt
City	SHOREVIEW	CityNm
State Abbreviation	MN	StateAbbreviationCd
ZIP	55126	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	KATHLEEN BARADARAN	PersonNm
Person Title	CHAIRMAN	PersonTitleTxt
Phone	6123598991	PhoneNum
Signature	2023-06-08	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

Field	Value	IRS element (for citing)
Person First	KATHLEEN	PersonFirstNm
Person Last	BARADARAN	PersonLastNm

Field	Value	IRS element (for citing)
SSN	999009999	SSN

Field	Value	IRS element (for citing)
IRS Responsible Prty Info Curr	0	IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	SCOTT THOMPSETT	PreparerPersonNm
PTIN	P00741490	PTIN
Phone	2125990100	PhoneNum

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

Field	Value	IRS element (for citing)
Trusted Customer	2	TrustedCustomerCd
Authentication Assurance Level	AAL1	AuthenticationAssuranceLevelCd
Identity Assurance Level	IAL1	IdentityAssuranceLevelCd

Field	Value	IRS element (for citing)
Tax	2022	TaxYr
Build TS	2023-04-26 12:10:37Z	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	$53,286,079	FMVAssetsEOYAmt
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Field	Value	IRS element (for citing)
Schedule B Not Required	Yes (X)	ScheduleBNotRequiredInd
Dividends Rev And Expnss	$848,092	DividendsRevAndExpnssAmt
Dividends Net Invst Incm	$838,158	DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss	-$701,483	NetGainSaleAstRevAndExpnssAmt
Gross Sales Price	$30,161,823	GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm	$0	CapGainNetIncmNetInvstIncmAmt
Other Income Rev And Expnss	$261	OtherIncomeRevAndExpnssAmt
Other Income Net Invst Incm	$261	OtherIncomeNetInvstIncmAmt
Other Income Adj Net Incm	$0	OtherIncomeAdjNetIncmAmt
Total Rev And Expnss	$146,870	TotalRevAndExpnssAmt
Total Net Invst Incm	$838,419	TotalNetInvstIncmAmt
Total Adj Net Incm	$0	TotalAdjNetIncmAmt
Comp Ofcr Dir Trst Rev And Expnss	$99,063	CompOfcrDirTrstRevAndExpnssAmt
Comp Ofcr Dir Trst Net Invst Incm	$50,450	CompOfcrDirTrstNetInvstIncmAmt
Comp Ofcr Dir Trst Adj Net Incm	$0	CompOfcrDirTrstAdjNetIncmAmt
Comp Ofcr Dir Trst Dsbrs Chrtbl	$48,613	CompOfcrDirTrstDsbrsChrtblAmt
Pension Empl Bnft Rev And Expnss	$16,927	PensionEmplBnftRevAndExpnssAmt
Pension Empl Bnft Net Invst Incm	$9,811	PensionEmplBnftNetInvstIncmAmt
Pension Empl Bnft Adj Net Incm	$0	PensionEmplBnftAdjNetIncmAmt
Pension Empl Bnft Dsbrs Chrtbl	$7,116	PensionEmplBnftDsbrsChrtblAmt
Legal Fees Rev And Expnss	$41,877	LegalFeesRevAndExpnssAmt
Legal Fees Net Invst Incm	$32,859	LegalFeesNetInvstIncmAmt
Legal Fees Adj Net Incm	$0	LegalFeesAdjNetIncmAmt
Legal Fees Dsbrs Chrtbl	$9,018	LegalFeesDsbrsChrtblAmt
Accounting Fees Rev And Expnss	$45,266	AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm	$35,968	AccountingFeesNetInvstIncmAmt
Accounting Fees Adj Net Incm	$0	AccountingFeesAdjNetIncmAmt
Accounting Fees Chrtbl Prps	$9,298	AccountingFeesChrtblPrpsAmt
Other Prof Fees Rev And Expnss	$109,613	OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm	$83,613	OtherProfFeesNetInvstIncmAmt
Other Prof Fees Adj Net Incm	$0	OtherProfFeesAdjNetIncmAmt
Other Prof Fees Dsbrs Chrtbl	$26,000	OtherProfFeesDsbrsChrtblAmt
Taxes Rev And Expnss	$41,523	TaxesRevAndExpnssAmt
Taxes Net Invst Incm	$18,613	TaxesNetInvstIncmAmt
Taxes Adj Net Incm	$0	TaxesAdjNetIncmAmt
Taxes Dsbrs Chrtbl	$0	TaxesDsbrsChrtblAmt
Other Expenses Rev And Expnss	$821	OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm	$45	OtherExpensesNetInvstIncmAmt
Other Expenses Adj Net Incm	$0	OtherExpensesAdjNetIncmAmt
Other Expenses Dsbrs Chrtbl	$585	OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss	$355,090	TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm	$231,359	TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Adj Net Incm	$0	TotOprExpensesAdjNetIncmAmt
Tot Opr Expenses Dsbrs Chrtbl	$100,630	TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss	$10,012,000	ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl	$10,012,000	ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss	$10,367,090	TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm	$231,359	TotalExpensesNetInvstIncmAmt
Total Expenses Adj Net Incm	$0	TotalExpensesAdjNetIncmAmt
Total Expenses Dsbrs Chrtbl	$10,112,630	TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses	-$10,220,220	ExcessRevenueOverExpensesAmt
Net Investment Income	$607,060	NetInvestmentIncomeAmt
Adjusted Net Income	$0	AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Field	Value	IRS element (for citing)
Cash BOY	$115,993	CashBOYAmt
Cash EOY	$147,622	CashEOYAmt
Cash EOYFMV	$147,622	CashEOYFMVAmt
Sav And Temp Cash Invst BOY	$866,175	SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY	$1,172,466	SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV	$1,172,466	SavAndTempCashInvstEOYFMVAmt
Other Nts And Loans Rcvbl BOY	$51,771	OtherNtsAndLoansRcvblBOYAmt
Other Nts And Loans Rcvbl EOY	$0	OtherNtsAndLoansRcvblEOYAmt
Other Nts And Loans Rcvbl EOYFMV	$0	OtherNtsAndLoansRcvblEOYFMVAmt
Corporate Stock BOY	$41,392,478	CorporateStockBOYAmt
Corporate Stock EOY	$30,921,075	CorporateStockEOYAmt
Corporate Stock EOYFMV	$30,921,075	CorporateStockEOYFMVAmt
Corporate Bonds BOY	$2,632,520	CorporateBondsBOYAmt
Corporate Bonds EOY	$984,422	CorporateBondsEOYAmt
Corporate Bonds EOYFMV	$984,422	CorporateBondsEOYFMVAmt
Other Investments BOY	$1,091,675	OtherInvestmentsBOYAmt
Other Investments EOY	$1,105,928	OtherInvestmentsEOYAmt
Other Investments EOYFMV	$1,105,928	OtherInvestmentsEOYFMVAmt
Other Assets BOY	$21,961,425	OtherAssetsBOYAmt
Other Assets EOY	$18,954,566	OtherAssetsEOYAmt
Other Assets EOYFMV	$18,954,566	OtherAssetsEOYFMVAmt
Total Assets BOY	$68,112,037	TotalAssetsBOYAmt
Total Assets EOY	$53,286,079	TotalAssetsEOYAmt
Total Assets EOYFMV	$53,286,079	TotalAssetsEOYFMVAmt
Total Liabilities BOY	$0	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$0	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	$68,112,037	RetainedEarningBOYAmt
Retained Earning EOY	$53,286,079	RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY	$68,112,037	TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY	$53,286,079	TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY	$68,112,037	TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY	$53,286,079	TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Field	Value	IRS element (for citing)
Tot Net Ast Or Fund Balances BOY	$68,112,037	TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses	-$10,220,220	ExcessRevenueOverExpensesAmt
Other Increases	$635,671	OtherIncreasesAmt
Subtotal	$58,527,488	SubtotalAmt
Other Decreases	$5,241,409	OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY	$53,286,079	TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)

PropertyPropertyDesc	How AcquiredHowAcquiredCd	Gross Sales PriceGrossSalesPriceAmt	Cost Or Other BasisCostOrOtherBasisAmt	Gain Or LossGainOrLossAmt	Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
PUBLICLY TRADED SECURITIES	P	$29,830,947	$30,863,306	-$1,032,359	-$1,032,359
CAPITAL GAIN DIVIDENDS	P	$330,876		$330,876	$330,876

Field	Value	IRS element (for citing)
Capital Gain Net Income	-$701,483	CapitalGainNetIncomeAmt
Net Short Term Capital Gain Loss	$0	NetShortTermCapitalGainLossAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Field	Value	IRS element (for citing)
Investment Income Excise Tax	$8,438	InvestmentIncomeExciseTaxAmt
Tax Under Section511	$0	TaxUnderSection511Amt
Subtotal	$8,438	SubtotalAmt
Subtitle A Tax	$0	SubtitleATaxAmt
Tax Based On Investment Income	$8,438	TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx	$15,000	EstimatedPlusOvpmtIncmTxAmt
Exempt Frgn Org Tax Wthld At Srce	$0	ExemptFrgnOrgTaxWthldAtSrceAmt
Extsn Request Income Tax Paid	$0	ExtsnRequestIncomeTaxPaidAmt
Backup Withholding Withheld	$0	BackupWithholdingWithheldAmt
Total Payments And Credits	$15,000	TotalPaymentsAndCreditsAmt
Es Penalty	$0	EsPenaltyAmt
Overpayment	$6,562	OverpaymentAmt
Applied To ES Tax	$6,562	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	MN	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	KATHLEEN BARADARAN	IndividualWithBooksNm
Phone	6123598991	PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

Field	Value	IRS element (for citing)
Address Line1	4600 CHURCHILL ST SUITE 1	AddressLine1Txt
City	SHOREVIEW	CityNm
State Abbreviation	MN	StateAbbreviationCd
ZIP	55126	ZIPCd

Field	Value	IRS element (for citing)
Foreign Accounts Question	Yes (1)	ForeignAccountsQuestionInd
Foreign Country	AM	ForeignCountryCd

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	Yes (1)	PayCompDisqualifiedPrsnInd
Transfer Ast Disqualified Prsn	Yes (1)	TransferAstDisqualifiedPrsnInd
Payment To Government Official	0	PaymentToGovernmentOfficialInd
Acts Fail To Qlfy As Exceptions	0	ActsFailToQlfyAsExceptionsInd
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	Yes (1)	GrantsToOrganizationsInd
Noncharitable Purpose	0	NoncharitablePurposeInd
Transactions Fail To Qlfy As Exc	0	TransactionsFailToQlfyAsExcInd
Maintained Expenditure Rspns	Yes (1)	MaintainedExpenditureRspnsInd
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 (5 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
KATHLEEN BARADARAN
4600 CHURCHILL ST SUITE 1	SHOREVIEW	MN	55126	CHAIRPERSON, PRESIDENT & SECRETARY	15.00	$48,000	$6,217	$0
THOMAS CAFESJIAN
4600 CHURCHILL ST SUITE 1	SHOREVIEW	MN	55126	DIRECTOR	1.00	$0	$0	$0
CARRIE J MARTINSON
4600 CHURCHILL ST SUITE 1	SHOREVIEW	MN	55126	DIRECTOR	1.00	$0	$0	$0
JAFFAR BARADARAN
4600 CHURCHILL ST SUITE 1	SHOREVIEW	MN	55126	DIRECTOR	1.00	$0	$0	$0
PHIL OMAN
4600 CHURCHILL ST SUITE 1	SHOREVIEW	MN	55126	TREASURER	12.30	$51,063	$10,710	$0

Field	Value	IRS element (for citing)
Comp Of Hghst Pd Empl Or NONE	NONE	CompOfHghstPdEmplOrNONETxt
Other Employee Paid Over50k	0	OtherEmployeePaidOver50kCnt

Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	THE NORTHERN TRUST COMPANY	BusinessNameLine1Txt

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 803878	AddressLine1Txt
City	CHICAGO	CityNm
State Abbreviation	IL	StateAbbreviationCd
ZIP	60680	ZIPCd

Field	Value	IRS element (for citing)
Service Type	INVESTMENT MANAGEMENT	ServiceTypeTxt
Compensation	$83,613	CompensationAmt

Field	Value	IRS element (for citing)
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	$35,052,759	AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances	$662,024	AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast	$1,105,928	FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets	$36,820,711	TotalFMVOfUnusedAssetsAmt
Reduction Claimed	$0	ReductionClaimedAmt
Acquisition Indebtedness	$0	AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast	$36,820,711	AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable	$552,311	CashDeemedCharitableAmt
Net Vl Noncharitable Assets	$36,268,400	NetVlNoncharitableAssetsAmt
Minimum Investment Return	$1,813,420	MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

Field	Value	IRS element (for citing)
Minimum Investment Return	$1,813,420	MinimumInvestmentReturnAmt
Tax Based On Investment Income	$8,438	TaxBasedOnInvestmentIncomeAmt
Total Tax	$8,438	TotalTaxAmt
Distributable Before Adj	$1,804,982	DistributableBeforeAdjAmt
Recoveries Qualfied Distri	$0	RecoveriesQualfiedDistriAmt
Distributable Before Ded	$1,804,982	DistributableBeforeDedAmt
Deduction From Distributable	$0	DeductionFromDistributableAmt
Distributable As Adjusted	$1,804,982	DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

Field	Value	IRS element (for citing)
Expenses And Contributions	$10,112,630	ExpensesAndContributionsAmt
Program Related Invst Total	$0	ProgramRelatedInvstTotalAmt
Qualifying Distributions	$10,112,630	QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

Field	Value	IRS element (for citing)
Distributable As Adjusted	$1,804,982	DistributableAsAdjustedAmt
Undistributed Income PY	$0	UndistributedIncomePYAmt
Prior Year1	2020	PriorYear1Yr
Prior Year2	2019	PriorYear2Yr
Prior Year3	2017	PriorYear3Yr
Total For Prior Years	$0	TotalForPriorYearsAmt
Excess Distribution Cyov Yr5	$282,032	ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr2	$909,817	ExcessDistributionCyovYr2Amt
Total Excess Distribution Cyov	$1,191,849	TotalExcessDistributionCyovAmt
Qualifying Distributions	$10,112,630	QualifyingDistributionsAmt
Applied To Year1	$0	AppliedToYear1Amt
Applied To Prior Years	$0	AppliedToPriorYearsAmt
Treated As Distri From Corpus	$8,637,000	TreatedAsDistriFromCorpusAmt
Applied To Current Year	$1,475,630	AppliedToCurrentYearAmt
Remaining Distri From Corpus	$0	RemainingDistriFromCorpusAmt
Excess Distri Cyov App CY Corpus	$329,352	ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY	$329,352	ExcessDistributionCyovAppCYAmt
Total Corpus	$9,499,497	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	$8,637,000	CorpusDistri170b1EOr4942g3Amt
Excess Distri Cyov From Yr5	$0	ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr	$862,497	ExcessDistriCyovToNextYrAmt
Excess From Year2	$862,497	ExcessFromYear2Amt

Supplementary Information SupplementaryInformationGrp

Field	Value	IRS element (for citing)
Only Contri To Preselected	Yes (X)	OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (3 entries)

Address Line1RecipientForeignAddress/AddressLine1Txt	Province Or StateRecipientForeignAddress/ProvinceOrStateNm	CountryRecipientForeignAddress/CountryCd	Foreign PostalRecipientForeignAddress/ForeignPostalCd	Recipient RelationshipRecipientRelationshipTxt	Recipient Foundation StatusRecipientFoundationStatusTxt	Grant Or Contribution PurposeGrantOrContributionPurposeTxt	AmtAmt	Address Line1RecipientUSAddress/AddressLine1Txt	CityRecipientUSAddress/CityNm	State AbbreviationRecipientUSAddress/StateAbbreviationCd	ZIPRecipientUSAddress/ZIPCd
CMF ARMENIA (THE CAFESJIAN CENTER FOR THE ARTS)
10 TAMANYAN ST	YEREVAN	AM	0009	N/A	NC	GENERAL OPERATING EXPENSES	$1,375,000
CAFESJIAN ART TRUST
				N/A	POF	114 PIECES OF ARTWORK	$3,637,000	4600 CHURCHILL ST SUITE 1	SHOREVIEW	MN	55126
CAFESJIAN ART TRUST
				N/A	POF	GENERAL SUPPORT	$5,000,000	4600 CHURCHILL ST SUITE 1	SHOREVIEW	MN	55126

Field	Value	IRS element (for citing)
Total Grant Or Contri Pd Dur Yr	$10,012,000	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	$848,092	ExclusionAmt

Other Investment Income OtherInvestmentIncomeGrp

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$261	ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

Field	Value	IRS element (for citing)
Exclusion	18	ExclusionCd
Exclusion	-$701,483	ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Field	Value	IRS element (for citing)
Unrelated Business Taxbl Incm	$0	UnrelatedBusinessTaxblIncmAmt
Exclusion	$146,870	ExclusionAmt
Related Or Exempt Function Incm	$0	RelatedOrExemptFunctionIncmAmt

Field	Value	IRS element (for citing)
Total Income Producing Acty	$146,870	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

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

Field	Value	IRS element (for citing)
Category	TAX PREPARATION FEES	CategoryTxt
Amt	$45,266	Amt
Net Investment Income	$35,968	NetInvestmentIncomeAmt
Adjusted Net Income	$0	AdjustedNetIncomeAmt
Disbursements Charitable Prps	$9,298	DisbursementsCharitablePrpsAmt

Distribution From Corpus Election DistributionFromCorpusElection

Field	Value	IRS element (for citing)
Election	SEE STATEMENT 14	ElectionDesc

Expenditure Responsibility Stmt ExpenditureResponsibilityStmt

Expenditure Responsibility ExpenditureResponsibilityGrp (3 entries)

Address Line1ForeignAddress/AddressLine1Txt	CityForeignAddress/CityNm	CountryForeignAddress/CountryCd	Foreign PostalForeignAddress/ForeignPostalCd	GrantGrantDt	GrantGrantAmt	Purpose Of GrantPurposeOfGrantTxt	Expended By GranteeExpendedByGranteeAmt	Any Diversion By GranteeAnyDiversionByGranteeTxt	Dates Of Reports By GranteeDatesOfReportsByGranteeTxt	VerificationVerificationDt	Results Of VerificationResultsOfVerificationTxt	Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd
CMF ARMENIA (THE CAFESJIAN CENTER FOR THE ARTS)
10 TAMANYAN ST	YEREVAN	AM	0009	2022-12-02	$1,375,000	TO FUND THE GENERAL OPERATING EXPENSES OF THE CAFESJIAN CENTER FOR THE ARTS.01/04/2022 - 300,00003/07/2022 - 300,00006/16/2022 - 350,00009/08/2022 - 350,00012/02/2022 - 75,000	$1,375,000	NONE	12/31/22	2023-01-17	REPORTS RECEIVED FROM GRANTEE: THE CAFESJIAN CENTER FOR THE ARTS IS REQUIRED TO PROVIDE MONTHLY FINANCIAL STATEMENTS TO THE CAFESJIAN FAMILY FOUNDATION ACCOUNTING FOR THE EXPENDITURES OF GRANTED MONIES. ALL FUNDS RECEIVED BY THE CENTER ARE REQUIRED TO BE EXPENDED IN FURTHERANCE OF THE MUSEUM'S CULTURAL MISSION.TO THE GRANTOR'S KNOWLEDGE, NONE OF THE GRANT PROCEEDS HAVE BEEN DIVERTED FROM THEIR INTENDED PURPOSE.
CAFESJIAN ART TRUST
				2023-02-22	$5,000,000	GENERAL SUPPORT2/14/22 - 2,500,0002/22/22 - 2,500,000	$5,000,000	NONE	12/31/22	2023-01-17	THE FOUNDATION HAS EXERCISED EXPENDITURE RESPONSIBILITY WITH REGARDS TO THIS GRANT AND HAS RECEIVED AN ANNUAL REPORT FROM THE GRANTEE. TO THE GRANTOR'S KNOWLEDGE, NONE OF THE GRANT PROCEEDS HAVE BEEN DIVERTED FROM THE INTENDED PURPOSE.	4600 CHURCHILL ST	SHOREVIEW	MN	55126
CAFESJIAN ART TRUST
				2022-09-01	$3,637,000	THE CAFESJIAN FAMILY FOUNDATION MAKE A CONTRIBUTION OF 114 ART PIECES TO THE CAFESJIAN ART TRUST TO JOIN ITS COLLECTION OF OVER 3,000 PIECES OF STUDIO GLASS ARTWORK CREATED BY ARTISTS OF INTERNATIONAL RENOWN.	$3,637,000	NONE	12/31/22	2023-01-17	THE FOUNDATION HAS EXERCISED EXPENDITURE RESPONSIBILITY WITH RESPECT TO ITS GRANT OF 114 PIECES OF ARTWORK TO THE CAFEJIAN ART TRUST. SOME PIECES ARE CURRENTLY ON DISPLAY IN ARMENIA WITH THE REMAINING PIECES STORED IN A WAREHOUSE UNTIL SUCH TIME AS THE MUSEUM ROTATES ITS CURRENT EXHIBITION. THE MUSEUM HAS NO INTENTION OF SELLING THE DONATED ARTWORK AND INTENDS TO USE SUCH PIECES TO FURTHER ITS EXEMPT EDUCATIONAL MISSION.	4600 CHURCHILL ST	SHOREVIEW	MN	55126

General Explanation Attachment GeneralExplanationAttachment

General Explanation GeneralExplanationGrp

Field	Value	IRS element (for citing)
Form And Line Reference	PART XII, LINE 4(C) - CONDUIT ELECTION STATEMENT	FormAndLineReferenceDesc
Medium Explanation	STATEMENT REGARDING THE CAFESJIAN FAMILY FOUNDATION'S ELECTION TO BE TREATED AS A CONDUIT PRIVATE FOUNDATION PURSUANT TO INTERNAL REVENUE CODE SECTION 4942(H)(2) PURSUANT TO INTERNAL REVENUE CODE SECTION 4942(H)(2) AND TREASURY REGULATION SECTION 53.4942(A)-3(D)(2), THE CAFESJIAN FAMILY FOUNDATION HEREBY ELECTS TO TREAT CERTAIN QUALIFYING DISTRIBUTIONS MADE DURING THE 2022 TAX YEAR AS DISTRIBUTIONS MADE OUT OF CORPUS. ELECTION AMOUNT TREATED AS MADE OUT OF CORPUS: TOTAL QUALIFYING DISTRIBUTIONS FOR 2022: $10,112,630CURRENT YEAR DISBURSEMENTS APPLIED AGAINST 2022 DISTRIBUTABLE AMOUNT: $1,475,630EXCESS DISTRIBUTION CARRYOVER APPLIED TO 2022 DISTRIBUTABLE AMOUNT: $329,352TREATED AS DISTRIBUTIONS OUT-OF-CORPUS: $8,637,000THE GRANTS BEING TREATED AS A CONDUIT GIFT OUT OF CORPUS TO SATISFY REQUIREMENTS IMPOSED BY SECTION 170(B)(1)(F) OR 4942(G)(3 ARE BEING MADE TO THE CAFESJIAN ART TRUST. THE CAFESJIAN ART TRUST WILL PLACE THE GIFTED ARTWORK ON DISPLAY IN A PUBLIC EXHIBITION AT ITS MUSEUM; THE GIFTED CASH IS INTENDED TO FUND THE MUSEUM'S CONTINUING OPERATIONS. THE $8,637,000 WILL BE TREATED AS A QUALIFYING DISTRIBUTION BY THE CAFESJIAN ART TRUST. THE FOUNDATION MEETS THE REQUIREMENTS OF INTERNAL REVENUE CODE SECTIONS 170(B)(1)(A)(VII), 170(B)(1)(F)(II) AND 4942(H)(2). THE FOUNDATION NOTES THAT: - CAFESJIAN ART TRUST AND CAFESJIAN FAMILY FOUNDATION ARE RELATED ORGANIZATIONS. THE ELECTION REPRESENTS CONDUIT GRANTS CAFESJIAN FAMILY FOUNDATION GAVE TO THE CAFESJIAN ART TRUST, WHICH THE CAFESJIAN ART TRUST WILL BE RECOGNIZING AS QUALIFYING DISTRIBUTIONS ON ITS OWN TAX RETURN. - NOT LATER THAN ONE YEAR AFTER THE END OF THE TAX YEAR IN WHICH CAFESJIAN ART TRUST RECEIVED FUNDING FROM THE CAFESJIAN FAMILY FOUNDATION, IT MADE A DISTRIBUTION EQUAL TO THE FULL AMOUNT OF THE CONTRIBUTION.- THE FOUNDATION HAS NO REMAINING UNDISTRIBUTABLE INCOME FOR THE 2021 AND 2022 TAX YEARS THAT WOULD PREVENT THE FOUNDATION FROM UTILIZING THE ELECTION. - THE FOUNDATION HAS MET ITS MINIMUM DISTRIBUTION REQUIREMENTS WITHOUT TAKING INTO ACCOUNT ANY OF THE AMOUNTS INTENDED TO BE USED AS A CONDUIT GRANT.	MediumExplanationTxt

Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule

Investments Corporate Bonds InvestmentsCorporateBondsGrp

Field	Value	IRS element (for citing)
Bond	CORPORATE BONDS	BondNm
EOY Book Value	$984,422	EOYBookValueAmt
EOYFMV	$984,422	EOYFMVAmt

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (2 entries)

StockStockNm	EOY Book ValueEOYBookValueAmt	EOYFMVEOYFMVAmt
PUBLICLY TRADED SECURITIES	$17,630,411	$17,630,411
FIXED INCOME INVESTMENTS	$13,290,664	$13,290,664

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp

Field	Value	IRS element (for citing)
Category Or Item	REAL ESTATE HOLDINGS	CategoryOrItemTxt
Listed At Cost Or FMV	FMV	ListedAtCostOrFMVCd
Book Value	$1,105,928	BookValueAmt
EOYFMV	$1,105,928	EOYFMVAmt

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFeesGrp

Field	Value	IRS element (for citing)
Category	LEGAL FEES	CategoryTxt
Legal Fees	$41,877	LegalFeesAmt
Net Investment Income	$32,859	NetInvestmentIncomeAmt
Adjusted Net Income	$0	AdjustedNetIncomeAmt
Disbursements Charitable Prps	$9,018	DisbursementsCharitablePrpsAmt

Other Assets Schedule OtherAssetsSchedule

Other Assets Schedule OtherAssetsScheduleGrp (3 entries)

DescDesc	BOY Book ValueBOYBookValueAmt	EOY Book ValueEOYBookValueAmt	EOYFMVEOYFMVAmt
ART WORK	$3,006,859	$0	$0
DUE FROM CMF	$5,299,207	$5,299,207	$5,299,207
DUE FROM CMF ARMENIA	$13,655,359	$13,655,359	$13,655,359

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases Detail OtherDecreasesDetail

Field	Value	IRS element (for citing)
Desc	UNREALIZED LOSS ON SECURITIES	Desc
Amt	$5,241,409	Amt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (5 entries)

DescDesc	Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt	Net Investment IncomeNetInvestmentIncomeAmt	Adjusted Net IncomeAdjustedNetIncomeAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt
OFFICE SUPPLIES	$215	$0	$0	$215
BANK CHARGES	$212	$45	$0	$0
REGISTRATION FEES	$204	$0	$0	$180
POSTAGE & SHIPPING	$126	$0	$0	$126
WEBSITE EXPENSE	$64	$0	$0	$64

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail

Field	Value	IRS element (for citing)
Desc	OTHER INVESTMENT INCOME	Desc
Revenue And Expenses Per Books	$261	RevenueAndExpensesPerBooksAmt
Net Investment Income	$261	NetInvestmentIncomeAmt
Adjusted Net Income	$0	AdjustedNetIncomeAmt

Other Increases Schedule OtherIncreasesSchedule

Other Increases Detail OtherIncreasesDetail (2 entries)

DescDesc	AmtAmt
EXCHANGE RATE GAIN	$5,530
APPRECIATION OF APPRAISED ARTWORK DONATED TO THE CAFESJIAN ART TRUST	$630,141

Other Notes Loans Rcvbl Long Sch OtherNotesLoansRcvblLongSch

Other Notes Loans Rcvbl Long OtherNotesLoansRcvblLongGrp

Borrower Name BorrowerNameGrp

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	CCA PROPERTIES LOAN	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Loan Original	$62,555	LoanOriginalAmt
Balance Due	$0	BalanceDueAmt
Note	2015-12	NoteDt
Loan Maturity	2022-12	LoanMaturityDt
Repayment Terms	ON DEMAND	RepaymentTermsTxt
Interest	0.000000000000	InterestRt
Security Provided Borrower	NONE	SecurityProvidedBorrowerTxt
Loan Purpose	CAPITALIZATION TO FUND OPERATIONS	LoanPurposeTxt
Lender Consideration	NONE	LenderConsiderationDesc
Consideration FMV	$0	ConsiderationFMVAmt

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)

CategoryCategoryTxt	AmtAmt	Net Investment IncomeNetInvestmentIncomeAmt	Adjusted Net IncomeAdjustedNetIncomeAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt
INVESTMENT MANAGEMENT FEES	$83,613	$83,613	$0	$0
ART APPRAISER FEES	$26,000	$0	$0	$26,000

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (2 entries)

CategoryCategoryTxt	AmtAmt	Net Investment IncomeNetInvestmentIncomeAmt	Adjusted Net IncomeAdjustedNetIncomeAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt
FEDERAL TAXES	$22,910	$0	$0	$0
FOREIGN TAXES	$18,613	$18,613	$0	$0