THE DOUGLASS BRANDENBORG FAMILY FOUNDATION: Form 990PF, tax year 2021
View the entire original 990 at ProPublica ↗
- Organization
- THE DOUGLASS BRANDENBORG FAMILY FOUNDATION (EIN 41-1958170)
- Tax period
- 2021-01-01 to 2021-12-31
- Filed
- 2022-11-15
- IRS object ID
- 202223199349101642
- Schema version
- 2021v4.2
- 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
- Accounting Fees Schedule
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2022-11-15T09:11:31-06:00 | ReturnTs |
| Tax Period End | 2021-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 390758449 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WIPFLI LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1502 LONDON ROAD SUITE 200 | AddressLine1Txt |
| City | DULUTH | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 55812 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2021-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 411958170 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE DOUGLASS BRANDENBORG FAMILY FDN | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | DOUG | BusinessNameControlTxt |
| Phone | 7632296148 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 200 SOUTHDALE CENTER | AddressLine1Txt |
| City | EDINA | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 55435 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JASON BRANDENBORG | PersonNm |
| Person Title | EXECUTIVE DIRECTOR | PersonTitleTxt |
| Phone | 7632296148 | PhoneNum |
| Signature | 2022-11-09 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | JASON | PersonFirstNm |
| Person Last | BRANDENBORG | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | MICHAEL J PETERSON CPA | PreparerPersonNm |
| PTIN | P01833529 | PTIN |
| Phone | 2187224705 | PhoneNum |
| Preparation | 2022-11-09 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 3 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2021 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $53,278,797 | 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 | $330,249 | ContriRcvdRevAndExpnssAmt |
| Dividends Rev And Expnss | $953,627 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $953,627 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $683,674 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $4,554,410 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $683,674 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $28,660 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $12,850 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $1,996,210 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $1,650,151 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $110,208 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $11,021 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $99,187 | CompOfcrDirTrstDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $9,056 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $4,528 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $4,528 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $87,500 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $87,500 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $0 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $17,130 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $1,013 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $9,117 | TaxesDsbrsChrtblAmt |
| Occupancy Rev And Expnss | $5,600 | OccupancyRevAndExpnssAmt |
| Occupancy Net Invst Incm | $2,800 | OccupancyNetInvstIncmAmt |
| Occupancy Dsbrs Chrtbl | $2,800 | OccupancyDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $14,060 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $1,404 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $12,657 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $243,554 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $108,266 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $128,289 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $2,049,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $2,049,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $2,292,554 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $108,266 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $2,177,289 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$296,344 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $1,541,885 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $366,093 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $944,060 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $944,060 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $27,861,163 | CorporateStockBOYAmt |
| Corporate Stock EOY | $33,654,665 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $33,654,665 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $20,101,770 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $16,747,368 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $16,747,368 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $1,923,877 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $1,932,704 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $1,932,704 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $50,252,903 | TotalAssetsBOYAmt |
| Total Assets EOY | $53,278,797 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $53,278,797 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $50,252,903 | CapitalStockBOYAmt |
| Capital Stock EOY | $53,278,797 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $0 | RetainedEarningBOYAmt |
| Retained Earning EOY | $0 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $50,252,903 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $53,278,797 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $50,252,903 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $53,278,797 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $50,252,903 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$296,344 | ExcessRevenueOverExpensesAmt |
| Other Increases | $3,648,485 | OtherIncreasesAmt |
| Subtotal | $53,605,044 | SubtotalAmt |
| Other Decreases | $326,247 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $53,278,797 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Property | PUBLICLY TRADED SECURITIES | PropertyDesc |
| How Acquired | P | HowAcquiredCd |
| Gross Sales Price | $4,554,410 | GrossSalesPriceAmt |
| Cost Or Other Basis | $3,870,736 | CostOrOtherBasisAmt |
| Gain Or Loss | $683,674 | GainOrLossAmt |
| Gains Minus Excess Or Losses | $683,674 | GainsMinusExcessOrLossesAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $683,674 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $21,432 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $21,432 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $21,432 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $27,861 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $14,000 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $41,861 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $20,429 | OverpaymentAmt |
| Applied To ES Tax | $20,429 | 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 | Yes (1) | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
| Individual With Books | JASON BRANDENBORG | IndividualWithBooksNm |
| Phone | 7632296148 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 200 SOUTHDALE CENTER | AddressLine1Txt |
| City | EDINA | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 55435 | 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 | Yes (1) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | 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 | 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 (4 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 |
|---|---|---|---|---|---|---|---|---|
| JOHN BRANDENBORG | ||||||||
| 920 SHADY LANE E | WAYZATA | MN | 55391 | DIRECTOR/PRESIDENT | 2.00 | $0 | $0 | $0 |
| LAURIE DOUGLASS BRANDENBORG | ||||||||
| 920 SHADY LANE E | WAYZATA | MN | 55391 | DIRECTOR/SECRETARY | 2.00 | $0 | $0 | $0 |
| JASON BRANDENBORG | ||||||||
| 200 SOUTHDALE CENTER | EDINA | MN | 55435 | EXECUTIVE DIRECTOR | 40.00 | $110,208 | $0 | $0 |
| KATHRYN BRANDENBORG | ||||||||
| 1526 BOSWORTH AVE 1 | CHICAGO | IL | 60642 | DIRECTOR | 2.00 | $0 | $0 | $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 | BAKER STREET ADVISORS LLC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 575 MARKET STREET SUITE 600 | AddressLine1Txt |
| City | SAN FRANCISCO | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94105 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Service Type | INVESTMENT ADVISOR | ServiceTypeTxt |
| Compensation | $87,500 | 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 | $32,389,115 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $20,136,167 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $52,525,282 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $52,525,282 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $787,879 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $51,737,403 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $2,586,870 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $2,586,870 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $21,432 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $21,432 | TotalTaxAmt |
| Distributable Before Adj | $2,565,438 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $2,565,438 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $2,565,438 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $2,177,289 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $2,177,289 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $2,565,438 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $2,032,486 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Total Excess Distribution Cyov | $0 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $2,177,289 | QualifyingDistributionsAmt |
| Applied To Year1 | $2,032,486 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $144,803 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $0 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $2,420,635 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $0 | ExcessDistriCyovToNextYrAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | JOHN BRANDENBORG | ContributingManagerNm |
| Contributing Manager | LAURIE DOUGLASS BRANDENBORG | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (22 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| AEON | ||||||
| 901 NORTH 3RD ST SUITE 150 | MINNEAPOLIS | MN | 55401 | PC | GENERAL OPERATING SUPPORT | $100,000 |
| ASCENSION CATHOLIC SCHOOL | ||||||
| 1723 BRYANT AVENUE N | MINNEAPOLIS | MN | 55411 | PC | GENERAL OPERATING SUPPORT | $50,000 |
| BANYAN COMMUNITY | ||||||
| 2529 13TH AVENUE S | MINNEAPOLIS | MN | 55404 | PC | GENERAL OPERATING SUPPORT | $40,000 |
| BLACK MEN TEACH | ||||||
| 1001 HIGHWAY 7 | HOPKINS | MN | 55305 | PC | GENERAL OPERATING SUPPORT | $25,000 |
| BREAKTHROUGH TWIN CITIES | ||||||
| 2051 LARPENTEUR AVE E | ST PAUL | MN | 55109 | PC | GENERAL OPERATING SUPPORT | $45,000 |
| BRIDGE FOR YOUTH | ||||||
| 1111 W 22ND STREET | MINNEAPOLIS | MN | 55405 | PC | GENERAL OPERATING SUPPORT | $60,000 |
| COLLEGE POSSIBLE | ||||||
| 755 PRIOR AVENUE NORTH SUITE 200 | SAINT PAUL | MN | 55104 | PC | GENERAL OPERATING SUPPORT | $60,000 |
| COMMONBOND COMMUNITIES | ||||||
| 1080 MONTREAL AVE | ST PAUL | MN | 55116 | PC | GENERAL OPERATING SUPPORT | $100,000 |
| ED ALLIES | ||||||
| 1621 E HENNEPIN AVE 295 | MINNEAPOLIS | MN | 55414 | PC | GENERAL OPERATING SUPPORT | $40,000 |
| EDUCATORS FOR EXCELLENCE | ||||||
| 2446 UNIVERSITY AVE SUITE 100 | ST PAUL | MN | 55414 | PC | GENERAL OPERATING SUPPORT | $40,000 |
| GREAT MN SCHOOLS | ||||||
| 1330 LAGOON AVENUE 4TH FLOOR | MINNEAPOLIS | MN | 55408 | PC | GENERAL OPERATING SUPPORT | $200,000 |
| JEREMIAH PROGRAM | ||||||
| 1510 LAUREL AVENUE | MINNEAPOLIS | MN | 55403 | PC | GENERAL OPERATING SUPPORT | $100,000 |
| PERSPECTIVES | ||||||
| 3381 GORHAM AVENUE | ST LOUIS PARK | MN | 55426 | PC | CHILDREN PROGRAMMING | $50,000 |
| PROJECT FOR PRIDE IN LIVING | ||||||
| 1035 EAST FRANKLIN AVE | MINNEAPOLIS | MN | 55404 | PC | GENERAL OPERATING SUPPORT | $100,000 |
| TEACH FOR AMERICA-TWIN CITIES | ||||||
| 401 N 2ND AVE SUITE 200 | MINNEAPOLIS | MN | 55401 | PC | GENERAL OPERATING SUPPORT | $94,000 |
| THE FAMILY PARTNERSHIP | ||||||
| 1527 E LAKE ST | MINNEAPOLIS | MN | 55407 | PC | GENERAL OPERATING SUPPORT | $50,000 |
| THE NEW TEACHER PROJECT (TNTP) | ||||||
| 500 7TH AVENUE 8TH FLOOR | NEW YORK | NY | 10018 | PC | TEACH MINNESOTA INITIATIVE | $50,000 |
| SCHWAB CHARITABLE FUND | ||||||
| 211 MAIN STREET | SAN FRANCISCO | CA | 94105 | PC | GENERAL DISTRIBUTION | $600,000 |
| URBAN HOMEWORKS | ||||||
| 2015 EMERSON AVENUE N | MINNEAPOLIS | MN | 55411 | PC | GENERAL OPERATING SUPPORT | $60,000 |
| WAY TO GROW | ||||||
| 201 IRVING AVE N SUITE 100 | MINNEAPOLIS | MN | 55405 | PC | GENERAL OPERATING SUPPORT | $100,000 |
| WILDFLOWER FOUNDATION | ||||||
| 1330 LAGOON AVENUE 4TH FLOOR | MINNEAPOLIS | MN | 55408 | PC | GENERAL OPERATING SUPPORT | $50,000 |
| YOUTHPRISE | ||||||
| 3001 BROADWAY ST NE | MINNEAPOLIS | MN | 55413 | PC | GENERAL OPERATING SUPPORT | $35,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $2,049,000 | 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 | $953,627 | ExclusionAmt |
Other Investment Income OtherInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 01 | ExclusionCd |
| Exclusion | $22,660 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $683,674 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | IMPACT INVESTMENT INTEREST | Desc |
| Related Or Exempt Function Incm | $6,000 | RelatedOrExemptFunctionIncmAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $1,659,961 | ExclusionAmt |
| Related Or Exempt Function Incm | $6,000 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $1,665,961 | TotalIncomeProducingActyAmt |
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Line Number | 11B | LineNumberTxt |
| Relationship Statement | INTEREST RECEIVED ON AN IMPACT INVESTMENT MADE BY FOUNDATION. | RelationshipStatementTxt |
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 | JOHN D AND LAURIE D BRANDENBORG | ContributorPersonNm |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 920 SHADY LANE E | AddressLine1Txt |
| City | WAYZATA | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 55391 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $330,249 | TotalContributionsAmt |
| Noncash Contribution | Yes (X) | NoncashContributionInd |
Non Cash Property Contribution NonCashPropertyContributionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
| Noncash Property | 1,877 SHARES OF APPLE INC. STOCK; HI/LO AVERAGE | NoncashPropertyDesc |
| Fair Market Value | $330,249 | FairMarketValueAmt |
| Received | 2021-12-16 | ReceivedDt |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEES | CategoryTxt |
| Amt | $9,056 | Amt |
| Net Investment Income | $4,528 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $4,528 | DisbursementsCharitablePrpsAmt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond | VANGUARD SHORT TERM | BondNm |
| EOY Book Value | $16,747,368 | EOYBookValueAmt |
| EOYFMV | $16,747,368 | EOYFMVAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (7 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| GOLUB CAPITAL PARTNERS INTERNATIONAL 12, LP | $1,800,000 | $1,800,000 |
| GOLUB CAPITAL PARTNERS INTERNATIONAL 14, LP | $1,000,000 | $1,000,000 |
| ISHARES CHINA 25 INDEX FUND | $296,298 | $296,298 |
| VANGUARD DEVELOPED MARKETS ETF | $4,370,072 | $4,370,072 |
| VANGUARD EMERGING MARKET | $1,123,533 | $1,123,533 |
| VANGUARD TOTAL STOCK MKT | $11,029,462 | $11,029,462 |
| VANGUARD TOTAL WORLD ETF | $14,035,300 | $14,035,300 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (4 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| INTERLACHEN AERWULF CEDARS INV - INTERLACHEN SERIES | FMV | $7,480 | $7,480 |
| INVESCORP INTERLACHEN LP | FMV | $1,573 | $1,573 |
| PROGRAM RELATED INVESTMENT | AT COST | $300,000 | $300,000 |
| TRANSITIONAL FUNDING PARTNERS | FMV | $1,623,651 | $1,623,651 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | COST BASIS ADJUSTMENT - DONATED STOCK | Desc |
| Amt | $326,247 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| PAYROLL SERVICE FEES | $548 | $55 | $493 |
| OFFICE EXPENSES | $13,487 | $1,349 | $12,139 |
| STATE CHARITABLE REGISTRATION | $25 | $0 | $25 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (4 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| K-1: TRANSITIONAL FUNDING PARTNERS | $22,077 | $12,267 | $22,077 |
| K-1: INTERLACHEN AERWULF CEDAR INVESTMENTS | $1,004 | $1,004 | $1,004 |
| K-1: INTERLACHEN CEDAR INVESTMENTS | -$421 | -$421 | -$421 |
| IMPACT INVESTMENT INTEREST | $6,000 | $6,000 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | UNREALIZED GAIN/LOSS | Desc |
| Amt | $3,648,485 | Amt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | BAKER STREET ADVISORS | CategoryTxt |
| Amt | $87,500 | Amt |
| Net Investment Income | $87,500 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| FEDERAL TAX PAYMENTS | $7,000 | $0 | $0 |
| PAYROLL TAXES | $10,130 | $1,013 | $9,117 |
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