ANNE RAY FOUNDATION: Form 990, tax year 2020

View the entire original 990 at ProPublica ↗

Organization: ANNE RAY FOUNDATION (EIN 47-1036008)
Tax period: 2020-01-01 to 2020-12-31
Filed: 2021-11-10
IRS object ID: 202103149349307900
Schema version: 2020v4.1
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
Schedule A
Schedule D
Schedule F
Schedule I
Schedule J
Schedule O
Schedule R

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2021-11-10T19:26:09-06:00	ReturnTs
Tax Period End	2020-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	861065772	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	DELOITTE TAX LLP	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	50 SOUTH SIXTH STREET SUITE 2800	AddressLine1Txt
City	MINNEAPOLIS	CityNm
State Abbreviation	MN	StateAbbreviationCd
ZIP	55402	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2020-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	471036008	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	ANNE RAY FOUNDATION	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	ANNE	BusinessNameControlTxt
Phone	9525404053	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	6889 ROWLAND ROAD	AddressLine1Txt
City	EDEN PRAIRIE	CityNm
State Abbreviation	MN	StateAbbreviationCd
ZIP	55344	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	NAOMI HORSAGER	PersonNm
Person Title	CFO	PersonTitleTxt
Phone	9525404053	PhoneNum
Signature	2021-11-10	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

Field	Value	IRS element (for citing)
Person First	NAOMI	PersonFirstNm
Person Last	HORSAGER	PersonLastNm

Field	Value	IRS element (for citing)
SSN	XXX-XX-XXXX	SSN

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	ANNE FULTON	PreparerPersonNm
PTIN	P00941863	PTIN
Phone	6123974000	PhoneNum

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	2020	TaxYr
Build TS	2022-09-23 18:48:47Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Principal Officer	PAUL BUSCH	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	6889 ROWLAND ROAD	AddressLine1Txt
City	EDEN PRAIRIE	CityNm
State Abbreviation	MN	StateAbbreviationCd
ZIP	55344	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$2,298,874,861	GrossReceiptsAmt
Group Return For Affiliates	0	GroupReturnForAffiliatesInd
Organization501c3	Yes (X)	Organization501c3Ind
Website Address	WWW.MACPHILANTHROPIES.ORG	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	2014	FormationYr
Legal Domicile State	MN	LegalDomicileStateCd
Activity Or Mission	CHARITABLE GRANTMAKING TO SOME OR ALL DESIGNATED SUPPORTED ORGANIZATIONS.	ActivityOrMissionDesc
Voting Members Governing Body	5	VotingMembersGoverningBodyCnt
Voting Members Independent	4	VotingMembersIndependentCnt
Total Employee	0	TotalEmployeeCnt
Total Volunteers	0	TotalVolunteersCnt
Total Gross UBI	$427,312	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$0	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$0	PYContributionsGrantsAmt
CY Contributions Grants	$0	CYContributionsGrantsAmt
PY Program Service Revenue	$0	PYProgramServiceRevenueAmt
CY Program Service Revenue	$0	CYProgramServiceRevenueAmt
PY Investment Income	$231,030,834	PYInvestmentIncomeAmt
CY Investment Income	$432,268,518	CYInvestmentIncomeAmt
PY Other Revenue	$669,816	PYOtherRevenueAmt
CY Other Revenue	-$41,640,188	CYOtherRevenueAmt
PY Total Revenue	$231,700,650	PYTotalRevenueAmt
CY Total Revenue	$390,628,330	CYTotalRevenueAmt
PY Grants And Similar Paid	$154,658,814	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$128,707,710	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$0	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$13,535,952	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$15,181,194	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$0	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$0	CYTotalFundraisingExpenseAmt
PY Other Expenses	$14,530,138	PYOtherExpensesAmt
CY Other Expenses	$14,101,034	CYOtherExpensesAmt
PY Total Expenses	$182,724,904	PYTotalExpensesAmt
CY Total Expenses	$157,989,938	CYTotalExpensesAmt
PY Revenues Less Expenses	$48,975,746	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$232,638,392	CYRevenuesLessExpensesAmt
Total Assets BOY	$4,468,703,325	TotalAssetsBOYAmt
Total Assets EOY	$4,822,543,908	TotalAssetsEOYAmt
Total Liabilities BOY	$104,866,827	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$104,289,264	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$4,363,836,498	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$4,718,254,644	NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part III	Yes (X)	InfoInScheduleOPartIIIInd
Mission	PROVIDE MEANINGFUL SUPPORT TO SOME OR ALL DESIGNATED SUPPORTED ORGANIZATIONS TO MAKE A MEASURABLE AND SUSTAINABLE DIFFERENCE ON OUR SHARED PRIORITY PROBLEMS.	MissionDesc
Significant New Program Srvc	0	SignificantNewProgramSrvcInd
Significant Change	0	SignificantChangeInd
Expense	$141,791,327	ExpenseAmt
Grant	$128,707,710	GrantAmt
Desc	SEE SCHEDULE OANNE RAY FOUNDATION PROVIDES MEANINGFUL SUPPORT TO SOME OR ALL DESIGNATED SUPPORTED ORGANIZATIONS TO MAKE A MEASURABLE AND SUSTAINABLE DIFFERENCE ON OUR IDENTIFIED PRIORITY PROBLEMS.SPECIFICALLY, THE PURPOSE OF ANNE RAY FOUNDATION IS TO PROVIDE ASSISTANCE AND SUPPORT IN ORDER TO:- ENHANCE THE QUALITY OF LIFE FOR CHILDREN, FAMILIES AND SENIORS- PREVENT AND RELIEVE SUFFERING OF CHILDREN, FAMILIES AND SENIORS- PRESERVE AND PROMOTE THE ENVIRONMENT AND THE ARTS- ENCOURAGE AND SUPPORT THE HUMANE TREATMENT OF ANIMALSDURING 2020 ANNE RAY FOUNDATION MADE GRANTS TO DESIGNATED SUPPORTED ORGANIZATIONS FOR A VARIETY OF PROGRAMS AS DETAILED ON SCHEDULE I, PART II.	Desc
Total Program Service Expenses	$141,791,327	TotalProgramServiceExpensesAmt
Described In Section501c3	Yes (1)	DescribedInSection501c3Ind
Schedule B Required	0	ScheduleBRequiredInd
Political Campaign Acty	0	PoliticalCampaignActyInd
Lobbying Activities	0	LobbyingActivitiesInd
Subject To Proxy Tax	0	SubjectToProxyTaxInd
Donor Advised Fund	0	DonorAdvisedFundInd
Conservation Easements	0	ConservationEasementsInd
Collections Of Art	0	CollectionsOfArtInd
Credit Counseling	0	CreditCounselingInd
Donor Rstr Or Quasi Endowments	0	DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment	Yes (1)	ReportLandBuildingEquipmentInd
Report Investments Other Sec	Yes (1)	ReportInvestmentsOtherSecInd
Report Program Related Invst	0	ReportProgramRelatedInvstInd
Report Other Assets	0	ReportOtherAssetsInd
Report Other Liabilities	0	ReportOtherLiabilitiesInd
Include FIN48 Footnote	Yes (1)	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	0	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	Yes (1)	ConsolidatedAuditFinclStmtInd
School Operating	0	SchoolOperatingInd
Foreign Office	Yes (1)	ForeignOfficeInd
Foreign Activities	Yes (1)	ForeignActivitiesInd
More Than5000 K To Org	0	MoreThan5000KToOrgInd
More Than5000 K To Individuals	0	MoreThan5000KToIndividualsInd
Professional Fundraising	0	ProfessionalFundraisingInd
Fundraising Activities	0	FundraisingActivitiesInd
Gaming Activities	0	GamingActivitiesInd
Operate Hospital	0	OperateHospitalInd
Grants To Organizations	Yes (1)	GrantsToOrganizationsInd
Grants To Individuals	0	GrantsToIndividualsInd
Schedule J Required	Yes (1)	ScheduleJRequiredInd
Tax Exempt Bonds	0	TaxExemptBondsInd
Engaged In Excess Benefit Trans	0	EngagedInExcessBenefitTransInd
PY Excess Benefit Trans	0	PYExcessBenefitTransInd
Loan Outstanding	0	LoanOutstandingInd
Grant To Related Person	0	GrantToRelatedPersonInd
Business Rln With Org Mem	0	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	0	BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent	0	BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri	0	DeductibleNonCashContriInd
Deductible Art Contribution	0	DeductibleArtContributionInd
Terminate Operations	0	TerminateOperationsInd
Partial Liquidation	0	PartialLiquidationInd
Disregarded Entity	Yes (1)	DisregardedEntityInd
Related Entity	Yes (1)	RelatedEntityInd
Related Organization Ctrl Ent	Yes (1)	RelatedOrganizationCtrlEntInd
Transaction With Control Ent	Yes (1)	TransactionWithControlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org	0	TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp	0	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (1)	ScheduleORequiredInd
Info In Schedule O Part V	Yes (X)	InfoInScheduleOPartVInd
IRP Document	11	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Employee	0	EmployeeCnt
Unrelated Bus Incm Over Limit	Yes (1)	UnrelatedBusIncmOverLimitInd
Form990 T Filed	Yes (1)	Form990TFiledInd
Foreign Financial Account	Yes (1)	ForeignFinancialAccountInd
Foreign Country	BE	ForeignCountryCd
Foreign Country	CA	ForeignCountryCd
Foreign Country	DA	ForeignCountryCd
Foreign Country	FR	ForeignCountryCd
Foreign Country	GM	ForeignCountryCd
Foreign Country	IS	ForeignCountryCd
Foreign Country	NL	ForeignCountryCd
Foreign Country	UK	ForeignCountryCd
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTransInd
Taxable Party Notification	0	TaxablePartyNotificationInd
Nondeductible Contributions	0	NondeductibleContributionsInd
Quid Pro Quo Contributions	0	QuidProQuoContributionsInd
Form8282 Property Disposed Of	0	Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	0	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	0	PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services	0	IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt	0	SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc	0	SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	5	GoverningBodyVotingMembersCnt
Independent Voting Member	4	IndependentVotingMemberCnt
Family Or Business Rln	Yes (1)	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	0	DelegationOfMgmtDutiesInd
Change To Org Documents	0	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	0	MaterialDiversionOrMisuseInd
Members Or Stockholders	Yes (1)	MembersOrStockholdersInd
Election Of Board Members	Yes (1)	ElectionOfBoardMembersInd
Decisions Subject To Approva	Yes (1)	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	Yes (1)	MinutesOfGoverningBodyInd
Minutes Of Committees	Yes (1)	MinutesOfCommitteesInd
Officer Mailing Address	0	OfficerMailingAddressInd
Local Chapters	0	LocalChaptersInd
Form990 Provided To Gvrn Body	Yes (1)	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	Yes (1)	ConflictOfInterestPolicyInd
Annual Disclosure Covered Prsn	Yes (1)	AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc	Yes (1)	RegularMonitoringEnfrcInd
Whistleblower Policy	Yes (1)	WhistleblowerPolicyInd
Document Retention Policy	Yes (1)	DocumentRetentionPolicyInd
Compensation Process CEO	Yes (1)	CompensationProcessCEOInd
Compensation Process Other	Yes (1)	CompensationProcessOtherInd
Investment In Joint Venture	Yes (1)	InvestmentInJointVentureInd
Written Policy Or Procedure	Yes (1)	WrittenPolicyOrProcedureInd
States Where Copy Of Return Is Fld	MN	StatesWhereCopyOfReturnIsFldCd
Own Website	Yes (X)	OwnWebsiteInd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	NAOMI HORSAGER	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	9525404053	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	6889 ROWLAND ROAD	AddressLine1Txt
City	EDEN PRAIRIE	CityNm
State Abbreviation	MN	StateAbbreviationCd
ZIP	55344	ZIPCd

Field	Value	IRS element (for citing)
Info In Schedule O Part VII	Yes (X)	InfoInScheduleOPartVIIInd

Form990 Part VII Section A Form990PartVIISectionAGrp (14 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt	OfficerOfficerInd	Key EmployeeKeyEmployeeInd	Highest Compensated EmployeeHighestCompensatedEmployeeInd
CHRISTINE MORSE
BOARD CHAIR	7.00	6.00	Yes (X)	$66,500	$56,500	$0
PAUL BUSCH
DIRECTOR/PRES & CEO	50.00		Yes (X)	$0	$1,295,780	$155,210	Yes (X)
RIGHT REVEREND JOHN CHANE
DIRECTOR	4.00	3.00	Yes (X)	$51,500	$37,500	$0
WIN NEUGER
DIRECTOR	3.00	3.00	Yes (X)	$39,000	$41,000	$0
STUART TOBISMAN
DIRECTOR	4.00	3.00	Yes (X)	$0	$0	$0
NAOMI HORSAGER
TREASURER/CFO	50.00			$0	$547,002	$113,362	Yes (X)
HEATHER KUKLA
SECRETARY/VP & GEN COUNSEL	50.00			$0	$546,739	$111,908	Yes (X)
TERRENCE MEERSMAN
VP OF PROGRAMS	50.00			$0	$568,436	$103,392		Yes (X)
SHAWN WISCHMEIER
CHIEF INVESTMENT OFFICER	50.00			$0	$1,501,714	$245,056		Yes (X)
MICHAEL RUETZ
DEPUTY CIO/INVESTMENT DIR.	50.00			$0	$836,558	$151,856			Yes (X)
MATTHEW MINNIS
INVESTMENT DIRECTOR	50.00			$0	$611,964	$114,619			Yes (X)
RODNEY OVERCASH
INVESTMENT DIRECTOR	50.00			$0	$711,491	$134,401			Yes (X)
TRICIA SCRIVNER
INVESTMENT DIRECTOR	50.00			$0	$701,266	$121,780			Yes (X)
CHRISTOPHER VOGT
INVESTMENT DIRECTOR	50.00			$0	$691,353	$133,399			Yes (X)

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$157,000	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$8,147,303	TotReportableCompRltdOrgAmt
Total Other Compensation	$1,384,983	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	0	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	0	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	Yes (1)	TotalCompGreaterThan150KInd
Compensation From Other Srcs	0	CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1Txt	CityContractorAddress/USAddress/CityNm	State AbbreviationContractorAddress/USAddress/StateAbbreviationCd	ZIPContractorAddress/USAddress/ZIPCd	ServicesServicesDesc	CompensationCompensationAmt	Address Line1ContractorAddress/ForeignAddress/AddressLine1Txt	CityContractorAddress/ForeignAddress/CityNm	CountryContractorAddress/ForeignAddress/CountryCd	Foreign PostalContractorAddress/ForeignAddress/ForeignPostalCd
MARGARET A CARGILL FOUNDATION
6889 ROWLAND ROAD	EDEN PRAIRIE	MN	55344	SHARED SERV EXP REIMBURSEMENT	$23,246,755
CHILTON INVESTMENT COMPANY LLC
1290 E MAIN STREET	STAMFORD	CT	06902	INVESTMENT MANAGEMENT	$1,144,954
RECORD CURRENCY MGMT
				INVESTMENT MANAGEMENT	$843,718	MORGAN HOUSE MADEIRA WALK	WINDSOR	UK	SL4 1EP
FISHER ASSET MANAGEMENT LLC
5525 NW FISHER CREEK DRIVE	CAMAS	WA	98607	INVESTMENT MANAGEMENT	$733,735
BLACKROCK
400 HOWARD STREET	SAN FRANCISCO	CA	94105	INVESTMENT MANAGEMENT	$584,052

Field	Value	IRS element (for citing)
Cntrct Rcvd Greater Than100 K	20	CntrctRcvdGreaterThan100KCnt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$67,180,937	TotalRevenueColumnAmt
Unrelated Business Revenue	$660,531	UnrelatedBusinessRevenueAmt
Exclusion	$66,520,406	ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

Field	Value	IRS element (for citing)
Securities	$2,273,334,112	SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

Field	Value	IRS element (for citing)
Securities	$1,908,246,531	SecuritiesAmt

Gain Or Loss GainOrLossGrp

Field	Value	IRS element (for citing)
Securities	$365,087,581	SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$365,087,581	TotalRevenueColumnAmt
Unrelated Business Revenue	$4,213,839	UnrelatedBusinessRevenueAmt
Exclusion	$360,873,742	ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

Field	Value	IRS element (for citing)
Desc	OTHER INCOME	Desc
Business	900099	BusinessCd
Total Revenue Column	-$41,640,188	TotalRevenueColumnAmt
Unrelated Business Revenue	-$4,447,058	UnrelatedBusinessRevenueAmt
Exclusion	-$37,193,130	ExclusionAmt

Field	Value	IRS element (for citing)
Other Revenue Total	-$41,640,188	OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$390,628,330	TotalRevenueColumnAmt
Related Or Exempt Func Income	$0	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$427,312	UnrelatedBusinessRevenueAmt
Exclusion	$390,201,018	ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

Field	Value	IRS element (for citing)
Total	$128,707,710	TotalAmt
Program Services	$128,707,710	ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

Field	Value	IRS element (for citing)
Total	$1,600,671	TotalAmt
Program Services	$1,207,814	ProgramServicesAmt
Management And General	$392,857	ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$10,292,408	TotalAmt
Program Services	$5,766,866	ProgramServicesAmt
Management And General	$4,525,542	ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$3,288,115	TotalAmt
Program Services	$2,065,812	ProgramServicesAmt
Management And General	$1,222,303	ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

Field	Value	IRS element (for citing)
Total	$509,648	TotalAmt
Program Services	$121,355	ProgramServicesAmt
Management And General	$388,293	ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$161,852	TotalAmt
Program Services	$66,795	ProgramServicesAmt
Management And General	$95,057	ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

Field	Value	IRS element (for citing)
Total	$7,076,148	TotalAmt
Management And General	$7,076,148	ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

Field	Value	IRS element (for citing)
Total	$2,984,193	TotalAmt
Program Services	$1,311,164	ProgramServicesAmt
Management And General	$1,673,029	ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$99,975	TotalAmt
Program Services	$78,311	ProgramServicesAmt
Management And General	$21,664	ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

Field	Value	IRS element (for citing)
Total	$388,015	TotalAmt
Program Services	$310,859	ProgramServicesAmt
Management And General	$77,156	ManagementAndGeneralAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$1,597,248	TotalAmt
Program Services	$1,206,893	ProgramServicesAmt
Management And General	$390,355	ManagementAndGeneralAmt

Travel TravelGrp

Field	Value	IRS element (for citing)
Total	$136,695	TotalAmt
Program Services	$68,666	ProgramServicesAmt
Management And General	$68,029	ManagementAndGeneralAmt

Conferences Meetings ConferencesMeetingsGrp

Field	Value	IRS element (for citing)
Total	$129,169	TotalAmt
Program Services	$108,693	ProgramServicesAmt
Management And General	$20,476	ManagementAndGeneralAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$89,415	TotalAmt
Program Services	$69,455	ProgramServicesAmt
Management And General	$19,960	ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt	Program ServicesProgramServicesAmt	Management And GeneralManagementAndGeneralAmt
GRANT DISCOUNT	$359,403	$359,403
DUES & SUBSCRIPTIONS	$277,555	$172,809	$104,746
RECRUITING	$150,579	$129,845	$20,734
INVESTMENT DUES	$90,673		$90,673

All Other Expenses AllOtherExpensesGrp

Field	Value	IRS element (for citing)
Total	$50,466	TotalAmt
Program Services	$38,877	ProgramServicesAmt
Management And General	$11,589	ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$157,989,938	TotalAmt
Program Services	$141,791,327	ProgramServicesAmt
Management And General	$16,198,611	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
BOY	$26,214,910	BOYAmt
EOY	$14,492,974	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$458,649	BOYAmt
EOY	$30,286	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$5,326	BOYAmt
EOY	$935,000	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$44,637	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$44,637	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

Field	Value	IRS element (for citing)
BOY	$569,480,736	BOYAmt
EOY	$580,807,420	EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

Field	Value	IRS element (for citing)
BOY	$3,871,602,826	BOYAmt
EOY	$4,226,278,228	EOYAmt

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$940,878	BOYAmt
EOY	$0	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$4,468,703,325	BOYAmt
EOY	$4,822,543,908	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$13,639,714	BOYAmt
EOY	$14,201,966	EOYAmt

Grants Payable GrantsPayableGrp

Field	Value	IRS element (for citing)
BOY	$91,227,113	BOYAmt
EOY	$90,087,298	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$104,866,827	BOYAmt
EOY	$104,289,264	EOYAmt

Field	Value	IRS element (for citing)
Organization Follows FASB117	Yes (X)	OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$4,363,836,498	BOYAmt
EOY	$4,718,254,644	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$4,363,836,498	BOYAmt
EOY	$4,718,254,644	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$4,468,703,325	BOYAmt
EOY	$4,822,543,908	EOYAmt

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	Yes (X)	InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss	$232,638,392	ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst	$95,493,379	NetUnrlzdGainsLossesInvstAmt
Investment Expense	$15,728,247	InvestmentExpenseAmt
Other Changes In Net Assets	$10,558,128	OtherChangesInNetAssetsAmt
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd
Accountant Compile Or Review	0	AccountantCompileOrReviewInd
FS Audited	Yes (1)	FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

Field	Value	IRS element (for citing)
Consolidated Basis Fincl Stmt	Yes (X)	ConsolidatedBasisFinclStmtInd

Field	Value	IRS element (for citing)
Audit Committee	Yes (1)	AuditCommitteeInd
Federal Grant Audit Required	0	FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
Supporting Organization509a3	Yes (X)	SupportingOrganization509a3Ind
Supporting Org Type3 Non Func	Yes (X)	SupportingOrgType3NonFuncInd
IRS Written Determination	Yes (X)	IRSWrittenDeterminationInd
Supported Organizations	16	SupportedOrganizationsCnt

Supported Org Information SupportedOrgInformationGrp (16 entries)

EINEIN	Organization TypeOrganizationTypeCd	Governing Document ListedGoverningDocumentListedInd	SupportSupportAmt	Other SupportOtherSupportAmt
ARC NATIONAL
530196605	7	Yes (1)	$24,115,500	$0
ASI
410711603	7	Yes (1)	$1,665,000	$0
BEREA COLLEGE
610444650	2	Yes (1)	$15,977,246	$0
IDYLLWILD
951801279	2	Yes (1)	$2,740,000	$0
KPBS
330373293	2	Yes (1)	$2,060,000	$0
MINGEI
237433357	7	Yes (1)	$935,000	$0
YMCA OF THE USA
363258696	10	Yes (1)	$16,200,182	$0
NMAI
530206027	7	Yes (1)	$1,760,000	$0
PBS
520899215	7	Yes (1)	$22,700,000	$0
SA CA
941156347	1	Yes (1)	$545,000	$0
SA NATIONAL
222406433	1	Yes (1)	$5,127,000	$0
SAR
850125045	7	Yes (1)	$862,000	$0
SDHS
951661688	7	Yes (1)	$5,565,000	$0
ST PAUL'S
952111196	10	Yes (1)	$1,650,000	$0
TNC
530242652	7	Yes (1)	$27,045,000	$0
PMG
952211661	7	Yes (1)	$2,195,000	$0

Field	Value	IRS element (for citing)
Supported Organizations Total	16	SupportedOrganizationsTotalCnt
Support Sum	$131,141,928	SupportSumAmt
Other Support Sum	$0	OtherSupportSumAmt

Form990 Sch A Supporting Org Form990SchASupportingOrgGrp

Field	Value	IRS element (for citing)
Listed By Name Governing Doc	Yes (1)	ListedByNameGoverningDocInd
Suprt Org No IRS Determination	0	SuprtOrgNoIRSDeterminationInd
Supported Org Section C456	0	SupportedOrgSectionC456Ind
Supported Org Not Organized US	0	SupportedOrgNotOrganizedUSInd
Organization Change Suprt Org	0	OrganizationChangeSuprtOrgInd
Support Non Supported Org	0	SupportNonSupportedOrgInd
Payment Substantial Contribtr	0	PaymentSubstantialContribtrInd
Loan Disqualified Person	0	LoanDisqualifiedPersonInd
Controlled Disqualified Prsn	0	ControlledDisqualifiedPrsnInd
Disqualified Prsn Controll Int	0	DisqualifiedPrsnControllIntInd
Disqualified Prsn Ownr Int	0	DisqualifiedPrsnOwnrIntInd
Excess Business Holdings Rules	Yes (1)	ExcessBusinessHoldingsRulesInd
Excess Business Holdings	0	ExcessBusinessHoldingsInd
Contribution Controller	0	ContributionControllerInd
Contribution Family	0	ContributionFamilyInd
Contribution35 Controlled	0	Contribution35ControlledInd

Form990 Sch A Type3 Sprt Org All Form990SchAType3SprtOrgAllGrp

Field	Value	IRS element (for citing)
Timely Provided Documents	Yes (1)	TimelyProvidedDocumentsInd
Officers Close Relationship	0	OfficersCloseRelationshipInd
Supported Org Voice Investment	Yes (1)	SupportedOrgVoiceInvestmentInd

Adjusted Net Income AdjustedNetIncomeGrp

Net ST Capital Gain Adj Net Incm NetSTCapitalGainAdjNetIncmGrp

Field	Value	IRS element (for citing)
Prior Year	$30,012,797	PriorYearAmt
Current Year	$0	CurrentYearAmt

Recoveries PY Distributions RecoveriesPYDistributionsGrp

Field	Value	IRS element (for citing)
Prior Year	$1,908,408	PriorYearAmt
Current Year	$0	CurrentYearAmt

Other Gross Income OtherGrossIncomeGrp

Field	Value	IRS element (for citing)
Prior Year	$137,585,392	PriorYearAmt
Current Year	$0	CurrentYearAmt

Adjusted Gross Income AdjustedGrossIncomeGrp

Field	Value	IRS element (for citing)
Prior Year	$169,506,597	PriorYearAmt
Current Year	$0	CurrentYearAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Prior Year	$0	PriorYearAmt
Current Year	$0	CurrentYearAmt

Production Income ProductionIncomeGrp

Field	Value	IRS element (for citing)
Prior Year	$73,598,687	PriorYearAmt
Current Year	$0	CurrentYearAmt

Other Expenses OtherExpensesGrp

Field	Value	IRS element (for citing)
Prior Year	$0	PriorYearAmt
Current Year	$0	CurrentYearAmt

Total Adjusted Net Income TotalAdjustedNetIncomeGrp

Field	Value	IRS element (for citing)
Prior Year	$95,907,910	PriorYearAmt
Current Year	$0	CurrentYearAmt

Minimum Asset Amount MinimumAssetAmountGrp

Average Monthly FMV Of Sec AverageMonthlyFMVOfSecGrp

Field	Value	IRS element (for citing)
Prior Year	$1,434,398,616	PriorYearAmt
Current Year	$0	CurrentYearAmt

Average Monthly Cash Balances AverageMonthlyCashBalancesGrp

Field	Value	IRS element (for citing)
Prior Year	$80,188,998	PriorYearAmt
Current Year	$0	CurrentYearAmt

FMV Other Non Exempt Use Asset FMVOtherNonExemptUseAssetGrp

Field	Value	IRS element (for citing)
Prior Year	$2,659,915,766	PriorYearAmt
Current Year	$0	CurrentYearAmt

Total FMV Of Non Exempt Use Asset TotalFMVOfNonExemptUseAssetGrp

Field	Value	IRS element (for citing)
Prior Year	$4,174,503,380	PriorYearAmt
Current Year	$0	CurrentYearAmt

Field	Value	IRS element (for citing)
Discount Claimed	$0	DiscountClaimedAmt

Acquisition Indebtedness AcquisitionIndebtednessGrp

Field	Value	IRS element (for citing)
Prior Year	$0	PriorYearAmt
Current Year	$0	CurrentYearAmt

Adjusted FMV Less Indebtedness AdjustedFMVLessIndebtednessGrp

Field	Value	IRS element (for citing)
Prior Year	$4,174,503,380	PriorYearAmt
Current Year	$0	CurrentYearAmt

Cash Deemed Charitable CashDeemedCharitableGrp

Field	Value	IRS element (for citing)
Prior Year	$62,617,551	PriorYearAmt
Current Year	$0	CurrentYearAmt

Net Vl Non Exempt Use Assets NetVlNonExemptUseAssetsGrp

Field	Value	IRS element (for citing)
Prior Year	$4,111,885,829	PriorYearAmt
Current Year	$0	CurrentYearAmt

Pct Of Net Vl Non Exempt Use Ast PctOfNetVlNonExemptUseAstGrp

Field	Value	IRS element (for citing)
Prior Year	$143,916,004	PriorYearAmt
Current Year	$0	CurrentYearAmt

Recoveries PY Distri Min Asset RecoveriesPYDistriMinAssetGrp

Field	Value	IRS element (for citing)
Prior Year	$1,908,408	PriorYearAmt
Current Year	$0	CurrentYearAmt

Total Minimum Asset TotalMinimumAssetGrp

Field	Value	IRS element (for citing)
Prior Year	$145,824,412	PriorYearAmt
Current Year	$0	CurrentYearAmt

Distributable Amount DistributableAmountGrp

Field	Value	IRS element (for citing)
CY Adj Net Income Distributable	$95,907,910	CYAdjNetIncomeDistributableAmt
CY Pct85 Adjusted Net Income	$81,521,724	CYPct85AdjustedNetIncomeAmt
CY Total Min Ast Distributable	$145,824,412	CYTotalMinAstDistributableAmt
CY Greater Adjusted Minimum	$145,824,412	CYGreaterAdjustedMinimumAmt
CY Income Tax Imposed PY	$0	CYIncomeTaxImposedPYAmt
CY Distributable As Adjusted	$145,824,412	CYDistributableAsAdjustedAmt

Distributions DistributionsGrp

Field	Value	IRS element (for citing)
CY Paid Accomplish Exempt Prps	$131,141,928	CYPaidAccomplishExemptPrpsAmt
CY Pd In Excess Income Activity	$0	CYPdInExcessIncomeActivityAmt
CY Administrative Expense Paid	$11,511,837	CYAdministrativeExpensePaidAmt
Exempt Use Assets Acquis Paid	$0	ExemptUseAssetsAcquisPaidAmt
Qualified Set Aside	$0	QualifiedSetAsideAmt
CY Other Distributions	$0	CYOtherDistributionsAmt
CY Total Annual Distributions	$142,653,765	CYTotalAnnualDistributionsAmt
CY Distri Attentive Suprt Org	$131,141,928	CYDistriAttentiveSuprtOrgAmt
CY Distributable As Adjusted	$145,824,412	CYDistributableAsAdjustedAmt
CY Distribution Yr	89.930000000000	CYDistributionYrRt

Distribution Allocations DistributionAllocationsGrp

Field	Value	IRS element (for citing)
CY Distributable As Adjusted	$145,824,412	CYDistributableAsAdjustedAmt
Underdistributions	$0	UnderdistributionsAmt
Excess Distribution Cyov Yr5	$0	ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4	$0	ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3	$0	ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2	$0	ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1	$70,322,908	ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov	$70,322,908	TotalExcessDistributionCyovAmt
Cyov Applied Underdistri PY	$0	CyovAppliedUnderdistriPYAmt
Cyov Applied Underdistr CPY	$70,322,908	CyovAppliedUnderdistrCPYAmt
Carryover PY Not Applied	$0	CarryoverPYNotAppliedAmt
Excess Distribution Cyov	$0	ExcessDistributionCyovAmt
CY Total Annual Distributions	$142,653,765	CYTotalAnnualDistributionsAmt
CY Distrib App Underdistri PY	$0	CYDistribAppUnderdistriPYAmt
CY Distri App Distributable	$75,501,504	CYDistriAppDistributableAmt
Excess Distribution	$67,152,261	ExcessDistributionAmt
Remaining Underdistri PY	$0	RemainingUnderdistriPYAmt
Remaining Underdistri CY	$0	RemainingUnderdistriCYAmt
Excess Distri Cyov To Next Yr	$67,152,261	ExcessDistriCyovToNextYrAmt
Excess From Year5	$0	ExcessFromYear5Amt
Excess From Year4	$0	ExcessFromYear4Amt
Excess From Year3	$0	ExcessFromYear3Amt
Excess From Year2	$0	ExcessFromYear2Amt
Excess From Year1	$67,152,261	ExcessFromYear1Amt

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp (4 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
SCHEDULE A, PART I LINE 12G	DUE TO SPACE CONSTRAINTS ON THE SCHEDULE, THE NAMES OF THE SUPPORTED ORGANIZATIONS WERE ABBREVIATED. ABBREVIATIONS USED HAVE THE FOLLOWING MEANINGS FOR BOTH SCHEDULE A AND SCHEDULE R: ARC NATIONAL - AMERICAN NATIONAL RED CROSS, INCLUDING ITS SAN DIEGO AND IMPERIAL COUNTY CHAPTERS AND ITS INTERNATIONAL SERVICES DEPARTMENT ASI - AMERICAN SWEDISH INSTITUTE IDYLLWILD - IDYLLWILD ARTS FOUNDATION KPBS - SAN DIEGO STATE UNIVERSITY, FOR THE BENEFIT OF KPBS MINGEI - MINGEI INTERNATIONAL, INC. YMCA OF THE USA - NATIONAL COUNCIL OF YOUNG MEN'S CHRISTIAN ASSOCIATIONS OF THE UNITED STATES OF AMERICA, DOING BUSINESS AS YMCA NMAI - SMITHSONIAN INSTITUTION, FOR THE BENEFIT OF THE NATIONAL MUSEUM OF THE AMERICAN INDIAN PBS - PUBLIC BROADCASTING SERVICE PMG - PUBLIC MEDIA GROUP OF SOUTHERN CALIFORNIA SA CA - THE SALVATION ARMY, A CALIFORNIA CORPORATION, FOR THE BENEFIT OF ITS CALIFORNIA SOUTH DIVISION SA NATIONAL - THE SALVATION ARMY NATIONAL CORPORATION SAR - SCHOOL FOR ADVANCED RESEARCH SDHS - SAN DIEGO HUMANE SOCIETY AND S.P.C.A. ST. PAUL'S - ST. PAUL'S EPISCOPAL HOME, INC. TNC - THE NATURE CONSERVANCY, INC.
SCHEDULE A, PART IV, SECTION D, LINE 2	ANNE RAY FOUNDATION'S PRIMARY CHARITABLE ACTIVITY IS SUPPORTING ITS DESIGNATED SUPPORTED ORGANIZATIONS, AS STATED IN ITS ARTICLES. THE OFFICERS AND DIRECTORS OF ANNE RAY FOUNDATION MAINTAIN A CLOSE AND CONTINUOUS WORKING RELATIONSHIP WITH THE OFFICERS, DIRECTORS OR TRUSTEES OF THE DESIGNATED SUPPORTED ORGANIZATIONS. THIS IS DONE, IN PART, BY ANNUAL MEETINGS THAT ANNE RAY FOUNDATION'S CEO AND CFO HAVE WITH THEIR COUNTERPARTS AT EACH OF THE DESIGNATED SUPPORTED ORGANIZATIONS. ADDITIONALLY, ANNE RAY FOUNDATION PROGRAM STAFF COMMUNICATE ON A REGULAR BASIS WITH THEIR COUNTERPARTS AT THE DESIGNATED SUPPORTED ORGANIZATIONS THROUGHOUT THE YEAR, FURTHER SUPPORTING THE CLOSE AND CONTINUOUS WORKING RELATIONSHIP. INFORMATION FROM ALL OF THESE COMMUNICATION CHANNELS, INCLUDING BOTH CEO AND CFO VISITS, IS DOCUMENTED AND SIGNIFICANT UPDATES ARE SHARED AMONG ANNE RAY FOUNDATION'S STAFF AND BOARD MEMBERS THROUGHOUT THE YEAR ON A FORMAL AND INFORMAL BASIS.
SCHEDULE A, PART IV, SECTION D, LINE 3	THE DESIGNATED SUPPORTED ORGANIZATIONS ARE IN REGULAR AND CONTINUOUS CONTACT WITH THE REPORTING ORGANIZATION. FOR EXAMPLE, THE DESIGNATED SUPPORTED ORGANIZATIONS PROVIDE PERIODIC UPDATES DURING THE YEAR THAT HIGHLIGHT THEIR CURRENT PRIORITIES AND UPCOMING SHORT-TERM AND LONG-TERM NEEDS. THE DESIGNATED SUPPORTED ORGANIZATIONS ARE ASKED TO PROVIDE INPUT ON OPPORTUNITIES TO IMPROVE THE EFFECTIVENESS OF THE GRANTMAKING PRACTICES AT THE REPORTING ORGANIZATION AND TO SHARE OPPORTUNITIES FOR FUNDING IN AREAS OF MUTUAL INTEREST THAT ARE EXPECTED TO HAVE THE BEST POSSIBLE IMPACT ON THE COMMUNITIES SERVED BY THE DESIGNATED SUPPORTED ORGANIZATIONS. IN ADDITION TO HEARING FROM THE DESIGNATED SUPPORTED ORGANIZATIONS ON THEIR STRATEGIC PRIORITIES AND CURRENT NEEDS, ANNE RAY FOUNDATION SHARES RELEVANT INFORMATION ON IMPORTANT ASPECTS OF ANNE RAY FOUNDATION'S OPERATIONS WITH EACH OF THE DESIGNATED SUPPORTED ORGANIZATIONS. ANNUALLY, ANNE RAY FOUNDATION SHARES A SUMMARY INVESTMENT POLICY STATEMENT AND AN INVESTMENT PERFORMANCE REPORT WITH THE SUPPORTED ORGANIZATIONS TO PROVIDE INFORMATION ON THE KEY INVESTMENT POLICIES THAT GOVERNED THE MANAGEMENT OF INVESTED FUNDS FOR ANNE RAY FOUNDATION AND TO PROVIDE TRANSPARENCY AROUND HOW INVESTMENTS ARE MANAGED. ANNE RAY FOUNDATION ALSO PROVIDES A COPY OF THE MOST RECENTLY FILED FORM 990 AND AUDITED FINANCIAL STATEMENTS TO THE DESIGNATED SUPPORTED ORGANIZATIONS ON AN ANNUAL BASIS ALONG WITH OTHER RELEVANT ANNE RAY FOUNDATION DOCUMENTS. INFORMATION SHARED BY ANNE RAY FOUNDATION GOES BEYOND WHAT IS REQUIRED FOR THE NOTIFICATION REQUIREMENT AND IS INTENDED TO PROVIDE INFORMATION TO SUPPORT THE SIGNIFICANT VOICE THAT THE DESIGNATED SUPPORTED ORGANIZATIONS HAVE WITH RESPECT TO ANNE RAY FOUNDATION'S OPERATIONS, GRANTMAKING, AND INVESTMENTS. ANNE RAY FOUNDATION ALSO PROACTIVELY ASKS FOR INPUT FROM THE DESIGNATED SUPPORTED ORGANIZATIONS AS PART OF ITS CLOSE AND CONTINUOUS WORKING RELATIONSHIP WITH EACH ORGANIZATION. ANNE RAY FOUNDATION STRIVES TO ADDRESS THE NEEDS OF THE DESIGNATED SUPPORTED ORGANIZATIONS IN A WAY THAT ALIGNS WITH ITS PHILANTHROPIC MISSION AND INTENDS TO BE A RESOURCE TO THE DESIGNATED SUPPORTED ORGANIZATIONS BOTH NOW AND INTO THE FUTURE.
SCHEDULE A, PART IV, SECTION D, LINE 8	ANNE RAY FOUNDATION SEEKS TO ESTABLISH ATTENTIVENESS THROUGH GRANTMAKING THAT IS SIGNIFICANT, EITHER ON A RELATIVE OR AN ABSOLUTE BASIS, AND FOLLOWS INTERNALLY DEVELOPED GUIDELINES FOR ESTABLISHING ATTENTIVENESS. ANNE RAY FOUNDATION PROVIDES FUNDING EARMARKED FOR A SPECIFIC PROJECT OR PROGRAM THAT IS ALIGNED WITH ANNE RAY FOUNDATION'S MISSION AND VALUES. ADDITIONALLY, ANNE RAY FOUNDATION IS THE SINGLE LARGEST PRIVATE DONOR TO MOST, IF NOT ALL, OF ITS DESIGNATED SUPPORTED ORGANIZATIONS. ANNE RAY FOUNDATION REQUESTS WRITTEN CONFIRMATION FROM THE SUPPORTED ORGANIZATIONS THAT ONE OR MORE EARMARKED PROGRAMS OR ACTIVITIES WOULD CEASE OR BE MATERIALLY IMPACTED IF THERE WAS A CHANGE IN ANNE RAY FOUNDATION'S FUNDING FOR THE PROGRAM OR ACTIVITY.

Schedule D IRS990ScheduleD

Other Land Buildings OtherLandBuildingsGrp

Field	Value	IRS element (for citing)
Investment Cost Or Other Basis	$44,637	InvestmentCostOrOtherBasisAmt
Depreciation	$44,637	DepreciationAmt
Book Value	$0	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$0	TotalBookValueLandBuildingsAmt

Financial Derivatives FinancialDerivativesGrp

Field	Value	IRS element (for citing)
Book Value	-$5,562,284	BookValueAmt
Method Valuation	F	MethodValuationCd

Other Securities OtherSecuritiesGrp (5 entries)

DescDesc	Book ValueBookValueAmt	Method ValuationMethodValuationCd
EQUITY FUNDS	$1,377,532,999	F
PRIVATE EQUITY FUNDS	$507,092,572	F
REAL ASSET FUNDS	$827,786,826	F
CREDIT FUNDS	$1,251,773,400	F
PRIVATE CREDIT FUNDS	$267,654,715	F

Field	Value	IRS element (for citing)
Total Book Value Securities	$4,226,278,228	TotalBookValueSecuritiesAmt
Footnote Text	Yes (X)	FootnoteTextInd
Total Rev Etc Audited Fincl Stmt	$498,620,210	TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst	$95,493,379	NetUnrealizedGainsInvstAmt
Revenue Not Reported	$95,493,379	RevenueNotReportedAmt
Revenue Subtotal	$403,126,831	RevenueSubtotalAmt
Investment Expenses Not Incld	$15,728,247	InvestmentExpensesNotIncldAmt
Other Revenues Not Included	-$28,226,748	OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt	-$12,498,501	RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990	$390,628,330	TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt	$144,202,064	TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported	$0	ExpensesNotReportedAmt
Expenses Subtotal	$144,202,064	ExpensesSubtotalAmt
Investment Expenses Not Incld2	$15,728,247	InvestmentExpensesNotIncld2Amt
Other Expenses Not Included	-$1,940,373	OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt	$13,787,874	ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990	$157,989,938	TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
PART X, LINE 2:	ANNE RAY HAS BEEN RECOGNIZED BY THE INTERNAL REVENUE SERVICE AS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND, ACCORDINGLY, IS GENERALLY NOT SUBJECT TO INCOME TAX. HOWEVER, ANNE RAY IS SUBJECT TO TAXES ON UNRELATED TRADE OR BUSINESS INCOME. ANNE RAY HAS ADOPTED GUIDANCE REGARDING THE RECOGNITION OF UNCERTAIN TAX POSITIONS. ANNE RAY BELIEVES IT HAS APPROPRIATE SUPPORT FOR UNRELATED TRADE OR BUSINESS POSITIONS AND, AS A RESULT, DOES NOT HAVE UNCERTAIN TAX POSITIONS THAT HAVE A MATERIAL IMPACT ON THE CONSOLIDATED FINANCIAL STATEMENTS.
PART XI, LINE 4B - OTHER ADJUSTMENTS:	BOOK AND TAX TIMING DIFFERENCES RELATED TO INVESTMENT INCOME -176,486,086. INCOME FROM FLOWTHROUGH PASSIVE INVESTMENTS 148,259,338.
PART XII, LINE 4B - OTHER ADJUSTMENTS:	OTHER BOOK-TAX ADJUSTMENTS TO OTHER EXPENSES -1,940,373.
PART VIII, LINE 1	BOOK VALUE OF FINANCIAL DERIVATIVES REFLECTS THE END OF YEAR VALUE OF FOREIGN CURRENCY POSITIONS HELD BY THE REPORTING ORGANIZATION.

Schedule F IRS990ScheduleF

Account Activities Outside US AccountActivitiesOutsideUSGrp (10 entries)

RegionRegionTxt	EmployeeEmployeeCnt	Type Of Activities ConductedTypeOfActivitiesConductedTxt	Specific Services ProvidedSpecificServicesProvidedTxt	Region Total ExpendituresRegionTotalExpendituresAmt
EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA,	1	PROGRAM & INVESTMENT SERVICES	SITE VISITS	$5,210
EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM	8	PROGRAM & INVESTMENT SERVICES	SITE VISITS	$54,483
NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES	1	PROGRAM & INVESTMENT SERVICES	SITE VISITS	$40
CENTRAL AMERICAN AND THE CARIBBEAN	0	VALUE OF INVESTED ASSETS	N/A	$1,412,180,097
EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA,	0	VALUE OF INVESTED ASSETS	N/A	$49,295,463
EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM	0	VALUE OF INVESTED ASSETS	N/A	$243,392,499
NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES	0	VALUE OF INVESTED ASSETS	N/A	$60,947,339
EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM	1	INVESTMENT MANAGEMENT SERVICES	N/A	$843,718
NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES	1	OPERATIONAL SERVICES	N/A	$23,400
SOUTH ASIA - AFGHANISTAN, BANGLADESH, BHUTAN, INDIA, MALDIVES, NEPAL, ETC	1	INVESTMENT SERVICES	N/A	$300

Field	Value	IRS element (for citing)
Subtotal Offices	0	SubtotalOfficesCnt
Subtotal Employees	11	SubtotalEmployeesCnt
Continuation Total Office	0	ContinuationTotalOfficeCnt
Continuation Total Employee	2	ContinuationTotalEmployeeCnt
Total Office	0	TotalOfficeCnt
Total Employee	13	TotalEmployeeCnt
Subtotal Spent	$1,766,718,849	SubtotalSpentAmt
Continuation Spent	$23,700	ContinuationSpentAmt
Total Spent	$1,766,742,549	TotalSpentAmt
Transfer To Foreign Corp	Yes (1)	TransferToForeignCorpInd
Interest In Foreign Trust	0	InterestInForeignTrustInd
Foreign Corp Ownership	Yes (1)	ForeignCorpOwnershipInd
Passive Foreign Investmest Co	Yes (1)	PassiveForeignInvestmestCoInd
Foreign Partnership	Yes (1)	ForeignPartnershipInd
Boycott Countries	0	BoycottCountriesInd

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
PART III ACCOUNTING METHOD:
PART I, LINE 3	ANNE RAY FOUNDATION AWARDS GRANTS TO ITS DESIGNATED SUPPORTED ORGANIZATIONS ALL OF WHICH ARE U.S. ORGANIZATIONS. ANNE RAY FOUNDATION STAFF MAY PARTICIPATE IN SITE VISITS WITH A DESIGNATED SUPPORTED ORGANIZATION. DURING 2020, PROGRAM AND INVESTMENT STAFF PARTICIPATED IN A LIMITED NUMBER OF SITE VISITS TO LOCATIONS OUTSIDE THE U.S. DUE TO THE GLOBAL PANDEMIC.

Schedule I IRS990ScheduleI

Field	Value	IRS element (for citing)
Grant Records Maintained	Yes (1)	GrantRecordsMaintainedInd

Recipient Table RecipientTable (104 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	Recipient EINRecipientEIN	IRC SectionIRCSectionDesc	Cash GrantCashGrantAmt	Purpose Of GrantPurposeOfGrantTxt	Address Line2USAddress/AddressLine2Txt
AMERICAN NATIONAL RED CROSS
2025 E STREET NW	WASHINGTON	DC	20006	530196605	501(C)(3)	$600,000	SUPPORT FOR DISASTER CYCLE SERVICES READINESS INITIATIVE
AMERICAN NATIONAL RED CROSS
2025 E STREET NW	WASHINGTON	DC	20006	530196605	501(C)(3)	$5,000,000	COVID-19 EMERGENCY RESPONSE SUPPORT
AMERICAN NATIONAL RED CROSS
2025 E STREET NW	WASHINGTON	DC	20006	530196605	501(C)(3)	$600,000	SUPPORT FOR LOW-ATTENTION DISASTERS IN THE MIDWEST
AMERICAN NATIONAL RED CROSS
2025 E STREET NW	WASHINGTON	DC	20006	530196605	501(C)(3)	$1,500,000	SUPPORT FOR INNOVATION LAB PROJECT
AMERICAN NATIONAL RED CROSS
2025 E STREET NW	WASHINGTON	DC	20006	530196605	501(C)(3)	$3,200,000	SUPPORT FOR THE MEASLES AND RUBELLA INITIATIVE
AMERICAN NATIONAL RED CROSS
2025 E STREET NW	WASHINGTON	DC	20006	530196605	501(C)(3)	$880,000	SUPPORT FOR COASTAL DISASTER RISK REDUCTION PROGRAM IN BANGLADESH
AMERICAN NATIONAL RED CROSS
2025 E STREET NW	WASHINGTON	DC	20006	530196605	501(C)(3)	$680,000	SUPPORT FOR DISASTER-READY COMMUNITIES PROGRAMS IN INDONESIA
AMERICAN NATIONAL RED CROSS
2025 E STREET NW	WASHINGTON	DC	20006	530196605	501(C)(3)	$680,000	SUPPORT FOR DISASTER PREPAREDNESS PROJECT IN NEPAL
AMERICAN NATIONAL RED CROSS
2025 E STREET NW	WASHINGTON	DC	20006	530196605	501(C)(3)	$480,000	CAPACITY BUILDING GRANT
AMERICAN NATIONAL RED CROSS
2025 E STREET NW	WASHINGTON	DC	20006	530196605	501(C)(3)	$893,000	SUPPORT FOR DISASTER RISK REDUCTION IN EL SALVADOR
AMERICAN NATIONAL RED CROSS
2025 E STREET NW	WASHINGTON	DC	20006	530196605	501(C)(3)	$2,000,000	SUPPORT FOR UNDERFUNDED DISASTERS
AMERICAN NATIONAL RED CROSS
2025 E STREET NW	WASHINGTON	DC	20006	530196605	501(C)(3)	$950,000	SUPPORT FOR COMMUNITY READINESS IN PHILIPPINES
AMERICAN NATIONAL RED CROSS
2025 E STREET NW	WASHINGTON	DC	20006	530196605	501(C)(3)	$2,560,000	SUPPORT FOR GLOBAL DISASTER READINESS TOOLS
AMERICAN NATIONAL RED CROSS
2025 E STREET NW	WASHINGTON	DC	20006	530196605	501(C)(3)	$3,050,000	SUPPORT FOR ENHANCED READINESS TO RESPOND
AMERICAN NATIONAL RED CROSS
3950 CALLE FORTUNADA	SAN DIEGO	CA	92123	530196605	501(C)(3)	$32,500	CAPACITY BUILDING GRANT
AMERICAN NATIONAL RED CROSS
3950 CALLE FORTUNADA	SAN DIEGO	CA	92123	530196605	501(C)(3)	$275,000	SUPPORT FOR VOLUNTEER SERVICES AND YOUTH DEVELOPMENT
AMERICAN NATIONAL RED CROSS
3950 CALLE FORTUNADA	SAN DIEGO	CA	92123	530196605	501(C)(3)	$60,000	SUPPORT FOR SERVICE TO THE ARMED FORCES
AMERICAN NATIONAL RED CROSS
3950 CALLE FORTUNADA	SAN DIEGO	CA	92123	530196605	501(C)(3)	$675,000	SUPPORT FOR DISASTER CYCLE SERVICES AND LEARNING COMPONENT
AMERICAN SWEDISH INSTITUTE
2600 PARK AVENUE	MINNEAPOLIS	MN	55407	410711603	501(C)(3)	$250,000	COVID-19 EMERGENCY RESPONSE SUPPORT
AMERICAN SWEDISH INSTITUTE
2600 PARK AVENUE	MINNEAPOLIS	MN	55407	410711603	501(C)(3)	$1,200,000	SUPPORT FOR FOLK ARTS AND CULTURE PROGRAMS
AMERICAN SWEDISH INSTITUTE
2600 PARK AVENUE	MINNEAPOLIS	MN	55407	410711603	501(C)(3)	$215,000	CAPACITY BUILDING GRANT
BEREA COLLEGE
CPO 2096	BEREA	KY	40404	610444650	501(C)(3)	$250,000	BEREA EDUCATION STUDIES PLANNING GRANT
BEREA COLLEGE
CPO 2096	BEREA	KY	40404	610444650	501(C)(3)	$126,500	CAPACITY BUILDING GRANT
BEREA COLLEGE
CPO 2096	BEREA	KY	40404	610444650	501(C)(3)	$3,000,000	CAPITAL GRANT FOR KETTERING RESIDENCE HALL REPLACEMENT
BEREA COLLEGE
CPO 2096	BEREA	KY	40404	610444650	501(C)(3)	$1,200,000	COVID-19 EMERGENCY RESPONSE SUPPORT
BEREA COLLEGE
CPO 2096	BEREA	KY	40404	610444650	501(C)(3)	$270,976	SUPPORT FOR FACULTY FELLOWS PROGRAM
BEREA COLLEGE
CPO 2096	BEREA	KY	40404	610444650	501(C)(3)	$450,000	SUPPORT FOR COLLEGE ADVANCEMENT
BEREA COLLEGE
CPO 2096	BEREA	KY	40404	610444650	501(C)(3)	$1,326,540	SUPPORT FOR TECHNOLOGY, SAFETY, AND STUDENT SPACE ENHANCEMENTS
BEREA COLLEGE
CPO 2096	BEREA	KY	40404	610444650	501(C)(3)	$264,950	SUPPORT FOR GRANT MANAGEMENT RESOURCES
BEREA COLLEGE
CPO 2096	BEREA	KY	40404	610444650	501(C)(3)	$1,000,000	CAPITAL FOR FOLK ARTS AND CULTURES STUDENT AND VISITOR SPACES
BEREA COLLEGE
CPO 2096	BEREA	KY	40404	610444650	501(C)(3)	$800,000	SUPPORT FOR COLLEGE FOLK ARTS AND CULTURES PROJECT
BEREA COLLEGE
CPO 2096	BEREA	KY	40404	610444650	501(C)(3)	$7,288,280	SUPPORT FOR BRIDGE STUDENT PROGRAMMING
IDYLLWILD ARTS FOUNDATION
PO BOX 38 52500 TEMECULA ROAD	IDYLLWILD	CA	92549	951801279	501(C)(3)	$880,000	CAPACITY BUILDING GRANT
IDYLLWILD ARTS FOUNDATION
PO BOX 38 52500 TEMECULA ROAD	IDYLLWILD	CA	92549	951801279	501(C)(3)	$200,000	CAPITAL GRANT FOR PARKING IMPROVEMENTS
IDYLLWILD ARTS FOUNDATION
PO BOX 38 52500 TEMECULA ROAD	IDYLLWILD	CA	92549	951801279	501(C)(3)	$200,000	SUPPORT FOR UPGRADES TO EDUCATIONAL TECHNOLOGY
IDYLLWILD ARTS FOUNDATION
PO BOX 38 52500 TEMECULA ROAD	IDYLLWILD	CA	92549	951801279	501(C)(3)	$1,400,000	SUPPORT FOR EDUCATIONAL PROGRAMS & SCHOLARSHIPS
IDYLLWILD ARTS FOUNDATION
PO BOX 38 52500 TEMECULA ROAD	IDYLLWILD	CA	92549	951801279	501(C)(3)	$60,000	SUPPORT FOR NATIVE AMERICAN ARTS PROGRAM
MINGEI INTERNATIONAL MUSEUM
1439 EL PRADO	SAN DIEGO	CA	92101	237433357	501(C)(3)	$825,000	SUPPORT FOR KEY ARTS CONTENT
MINGEI INTERNATIONAL MUSEUM
1439 EL PRADO	SAN DIEGO	CA	92101	237433357	501(C)(3)	$110,000	CAPACITY BUILDING GRANT
PUBLIC BROADCASTING SERVICE (PBS)
2100 CRYSTAL DRIVE	ARLINGTON	VA	22202	520899215	501(C)(3)	$500,000	PBS KIDS PARENT ENGAGEMENT IN SCHOOLS PROJECT
PUBLIC BROADCASTING SERVICE (PBS)
2100 CRYSTAL DRIVE	ARLINGTON	VA	22202	520899215	501(C)(3)	$550,000	NATURAL DISASTER 360 FUNDING
PUBLIC BROADCASTING SERVICE (PBS)
2100 CRYSTAL DRIVE	ARLINGTON	VA	22202	520899215	501(C)(3)	$600,000	PRODUCTION SUPPORT FOR NO PASSPORT REQUIRED
PUBLIC BROADCASTING SERVICE (PBS)
2100 CRYSTAL DRIVE	ARLINGTON	VA	22202	520899215	501(C)(3)	$800,000	PRODUCTION SUPPORT FOR HANDMADE AMERICA
PUBLIC BROADCASTING SERVICE (PBS)
2100 CRYSTAL DRIVE	ARLINGTON	VA	22202	520899215	501(C)(3)	$900,000	SUPPORT FOR CONNECTING NATIONAL WITH LOCAL STATIONS
PUBLIC BROADCASTING SERVICE (PBS)
2100 CRYSTAL DRIVE	ARLINGTON	VA	22202	520899215	501(C)(3)	$700,000	COVID-19 EMERGENCY RESPONSE SUPPORT
PUBLIC BROADCASTING SERVICE (PBS)
2100 CRYSTAL DRIVE	ARLINGTON	VA	22202	520899215	501(C)(3)	$8,650,000	PRODUCTION SUPPORT FOR AMERICAN PORTRAIT
PUBLIC BROADCASTING SERVICE (PBS)
2100 CRYSTAL DRIVE	ARLINGTON	VA	22202	520899215	501(C)(3)	$10,000,000	TECHNOLOGY FOR NEW PLATFORMS, IMPACT MEASUREMENT, AND OPERATIONAL EFFICIENCY
PUBLIC MEDIA GROUP OF SOUTHERN CALIFORNIA
2900 WEST ALAMEDA AVENUE SUITE 600	BURBANK	CA	91505	952211661	501(C)(3)	$655,000	SUPPORT FOR DATA CAPTURING INITIATIVE
PUBLIC MEDIA GROUP OF SOUTHERN CALIFORNIA
2900 WEST ALAMEDA AVENUE SUITE 600	BURBANK	CA	91505	952211661	501(C)(3)	$130,000	CAPACITY BUILDING GRANT
PUBLIC MEDIA GROUP OF SOUTHERN CALIFORNIA
2900 WEST ALAMEDA AVENUE SUITE 600	BURBANK	CA	91505	952211661	501(C)(3)	$1,310,000	SUPPORT FOR SOUTHERN CALIFORNIA ORIGINAL PROGRAMMING
PUBLIC MEDIA GROUP OF SOUTHERN CALIFORNIA
2900 WEST ALAMEDA AVENUE SUITE 600	BURBANK	CA	91505	952211661	501(C)(3)	$100,000	SUPPORT FOR STRATEGIC PLAN AND DEVELOPMENT
SAN DIEGO HUMANE SOCIETY & SPCA
5500 GAINES STREET	SAN DIEGO	CA	92110	951661688	501(C)(3)	$4,000,000	CAPITAL GRANT FOR REMODEL OF ANIMAL HABITATS
SAN DIEGO HUMANE SOCIETY & SPCA
5500 GAINES STREET	SAN DIEGO	CA	92110	951661688	501(C)(3)	$200,000	SUPPORT TO ESTABLISH A RESOURCE CENTER
SAN DIEGO HUMANE SOCIETY & SPCA
5500 GAINES STREET	SAN DIEGO	CA	92110	951661688	501(C)(3)	$977,500	SUPPORT FOR COMPANION ANIMAL PROGRAMS
SAN DIEGO HUMANE SOCIETY & SPCA
5500 GAINES STREET	SAN DIEGO	CA	92110	951661688	501(C)(3)	$387,500	SUPPORT FOR PROJECT WILDLIFE
SAN DIEGO STATE UNIVERSITY (KPBS)
5200 CAMPANILE DRIVE	SAN DIEGO	CA	92182	330373293	501(C)(3)	$520,000	CAPACITY BUILDING GRANT
SAN DIEGO STATE UNIVERSITY (KPBS)
5200 CAMPANILE DRIVE	SAN DIEGO	CA	92182	330373293	501(C)(3)	$60,000	SUPPORT FOR STAFF DEVELOPMENT
SAN DIEGO STATE UNIVERSITY (KPBS)
5200 CAMPANILE DRIVE	SAN DIEGO	CA	92182	330373293	501(C)(3)	$200,000	SUPPORT FOR SMART CONNECTIONS PROJECT
SAN DIEGO STATE UNIVERSITY (KPBS)
5200 CAMPANILE DRIVE	SAN DIEGO	CA	92182	330373293	501(C)(3)	$120,000	SUPPORT FOR AUDIENCE AND MEMBER ENGAGEMENT
SAN DIEGO STATE UNIVERSITY (KPBS)
5200 CAMPANILE DRIVE	SAN DIEGO	CA	92182	330373293	501(C)(3)	$1,120,000	SUPPORT FOR KPBS PROGRAMMING
SAN DIEGO STATE UNIVERSITY (KPBS)
5200 CAMPANILE DRIVE	SAN DIEGO	CA	92182	330373293	501(C)(3)	$15,000	SUPPORT FOR "ONE BOOK, ONE SAN DIEGO"
SAN DIEGO STATE UNIVERSITY (KPBS)
5200 CAMPANILE DRIVE	SAN DIEGO	CA	92182	330373293	501(C)(3)	$25,000	SUPPORT FOR EXPLORATION AND LEARNING COMPONENT
SCHOOL FOR ADVANCED RESEARCH
PO BOX 2188	SANTA FE	NM	87504	850125045	501(C)(3)	$150,000	CAPACITY BUILDING GRANT
SCHOOL FOR ADVANCED RESEARCH
PO BOX 2188	SANTA FE	NM	87504	850125045	501(C)(3)	$200,000	COVID-19 EMERGENCY RESPONSE SUPPORT
SCHOOL FOR ADVANCED RESEARCH
PO BOX 2188	SANTA FE	NM	87504	850125045	501(C)(3)	$225,000	SUPPORT FOR CONSERVATION AND COLLECTIONS DOCUMENTATION
SCHOOL FOR ADVANCED RESEARCH
PO BOX 2188	SANTA FE	NM	87504	850125045	501(C)(3)	$287,000	SUPPORT FOR PROFESSIONAL TRAINING AND INTERGENERATIONAL LEARNING
SMITHSONIAN INSTITUTION (NMAI)
OFFICE OF SPONSORED PROJECTS PO BOX	WASHINGTON	DC	20013	530206027	501(C)(3)	$130,000	SUPPORT FOR DIVERSIFYING RESOURCES AND DEVELOPMENT	37012 MRC 1205
SMITHSONIAN INSTITUTION (NMAI)
OFFICE OF SPONSORED PROJECTS PO BOX	WASHINGTON	DC	20013	530206027	501(C)(3)	$430,000	COVID-19 EMERGENCY RESPONSE SUPPORT	37012 MRC 1205
SMITHSONIAN INSTITUTION (NMAI)
OFFICE OF SPONSORED PROJECTS PO BOX	WASHINGTON	DC	20013	530206027	501(C)(3)	$125,000	CAPACITY BUILDING GRANT	37012 MRC 1205
SMITHSONIAN INSTITUTION (NMAI)
OFFICE OF SPONSORED PROJECTS PO BOX	WASHINGTON	DC	20013	530206027	501(C)(3)	$1,075,000	SUPPORT FOR COMMUNITY LOANS PROGRAM	37012 MRC 1205
ST PAUL'S EPISCOPAL HOME
328 MAPLE STREET	SAN DIEGO	CA	92103	952111196	501(C)(3)	$200,000	COVID-19 EMERGENCY RESPONSE SUPPORT
ST PAUL'S EPISCOPAL HOME
328 MAPLE STREET	SAN DIEGO	CA	92103	952111196	501(C)(3)	$1,000,000	CAPITAL GRANT FOR PARKING IMPROVEMENTS
ST PAUL'S EPISCOPAL HOME
328 MAPLE STREET	SAN DIEGO	CA	92103	952111196	501(C)(3)	$210,000	SUPPORT FOR QUALITY OF LIFE PROGRAM AND LEARNING STUDY
ST PAUL'S EPISCOPAL HOME
328 MAPLE STREET	SAN DIEGO	CA	92103	952111196	501(C)(3)	$240,000	SUPPORT FOR SENIOR DAY PROGRAM
THE NATURE CONSERVANCY
4245 NORTH FAIRFAX DR SUITE 100	ARLINGTON	VA	22203	530242652	501(C)(3)	$500,000	NORTHERN GREAT PLAINS GRASSLAND CONSERVATION
THE NATURE CONSERVANCY
4245 NORTH FAIRFAX DR SUITE 100	ARLINGTON	VA	22203	530242652	501(C)(3)	$1,087,500	COMMUNITY-LED CONSERVATION IN THE GRASSLANDS OF AUSTRALIA AND MONGOLIA
THE NATURE CONSERVANCY
4245 NORTH FAIRFAX DR SUITE 100	ARLINGTON	VA	22203	530242652	501(C)(3)	$2,571,750	COMMUNITY-BASED CONSERVATION IN FRESHWATER ECOSYSTEMS OF SOUTH AMERICA
THE NATURE CONSERVANCY
4245 NORTH FAIRFAX DR SUITE 100	ARLINGTON	VA	22203	530242652	501(C)(3)	$912,500	COMMUNITY-LED CONSERVATION IN THE GRASSLANDS OF AFRICA
THE NATURE CONSERVANCY
4245 NORTH FAIRFAX DR SUITE 100	ARLINGTON	VA	22203	530242652	501(C)(3)	$4,928,250	COMMUNITY-BASED CONSERVATION IN FRESHWATER ECOSYSTEMS OF AFRICA
THE NATURE CONSERVANCY
4245 NORTH FAIRFAX DR SUITE 100	ARLINGTON	VA	22203	530242652	501(C)(3)	$2,920,000	CONSERVING COASTAL ECOSYSTEMS, SUSTAINING LOCAL COMMUNITIES
THE NATURE CONSERVANCY
4245 NORTH FAIRFAX DR SUITE 100	ARLINGTON	VA	22203	530242652	501(C)(3)	$1,350,000	FOSTERING EXCELLENCE IN COMMUNITY-BASED CONSERVATION
THE NATURE CONSERVANCY
4245 NORTH FAIRFAX DR SUITE 100	ARLINGTON	VA	22203	530242652	501(C)(3)	$1,575,000	ACCELERATING THE IMPACT OF THE SHARED CONSERVATION AGENDA
THE NATURE CONSERVANCY
4245 NORTH FAIRFAX DR SUITE 100	ARLINGTON	VA	22203	530242652	501(C)(3)	$4,500,000	COMMUNITY-LED CONSERVATION IN TROPICAL FOREST LANDSCAPES
THE NATURE CONSERVANCY
4245 NORTH FAIRFAX DR SUITE 100	ARLINGTON	VA	22203	530242652	501(C)(3)	$1,000,000	ENVIRONMENTAL RESILIENCY PROTECTION FOR CALIFORNIA
THE NATURE CONSERVANCY
4245 NORTH FAIRFAX DR SUITE 100	ARLINGTON	VA	22203	530242652	501(C)(3)	$1,000,000	SUPPORT FOR GREAT BEAR PROGRAM
THE NATURE CONSERVANCY
4245 NORTH FAIRFAX DR SUITE 100	ARLINGTON	VA	22203	530242652	501(C)(3)	$2,700,000	DELIVERING EQUITABLE AND TRANSFORMATIVE STRATEGIES FOR PEOPLE AND NATURE
THE NATURE CONSERVANCY
4245 NORTH FAIRFAX DR SUITE 100	ARLINGTON	VA	22203	530242652	501(C)(3)	$2,000,000	CAPITAL GRANT FOR COMMUNITY CONSERVATION CONFERENCE CENTER
THE SALVATION ARMY NATIONAL CORPORATION
615 SLATERS LANE	ALEXANDRIA	VA	22314	222406433	501(C)(3)	$1,500,000	PATHWAY OF HOPE NATIONAL EXPANSION PROJECT
THE SALVATION ARMY NATIONAL CORPORATION
615 SLATERS LANE	ALEXANDRIA	VA	22314	222406433	501(C)(3)	$3,000,000	COVID-19 EMERGENCY RESPONSE SUPPORT
THE SALVATION ARMY NATIONAL CORPORATION
615 SLATERS LANE	ALEXANDRIA	VA	22314	222406433	501(C)(3)	$227,000	SUPPORT FOR RELIEF AND RECOVERY PROGRAM
THE SALVATION ARMY NATIONAL CORPORATION
615 SLATERS LANE	ALEXANDRIA	VA	22314	222406433	501(C)(3)	$400,000	SUPPORT FOR RAPID RESPONSE IN THE MIDWEST
THE SALVATION ARMY A CALIFORNIA CORPORATION
6605 UNIVERSITY AVENUE	SAN DIEGO	CA	92115	941156347	501(C)(3)	$235,000	COVID-19 EMERGENCY RESPONSE SUPPORT
THE SALVATION ARMY A CALIFORNIA CORPORATION
6605 UNIVERSITY AVENUE	SAN DIEGO	CA	92115	941156347	501(C)(3)	$166,000	SUPPORT FOR THE SENIOR NUTRITION PROGRAM
THE SALVATION ARMY A CALIFORNIA CORPORATION
6605 UNIVERSITY AVENUE	SAN DIEGO	CA	92115	941156347	501(C)(3)	$71,000	SUPPORT FOR VOLUNTEER DEPARTMENT NEEDS
THE SALVATION ARMY A CALIFORNIA CORPORATION
6605 UNIVERSITY AVENUE	SAN DIEGO	CA	92115	941156347	501(C)(3)	$73,000	SUPPORT FOR ARTS AND LITERACY PROGRAM
YMCA OF THE USA
101 N WACKER DRIVE	CHICAGO	IL	60606	363258696	501(C)(3)	$715,000	ENSURING Y CAMP AND SWIM PROGRAMS ARE SAFE, RELEVANT, AND SUSTAINABLE
YMCA OF THE USA
101 N WACKER DRIVE	CHICAGO	IL	60606	363258696	501(C)(3)	$2,518,656	CAPITAL GRANT FOR RESIDENT CAMPS
YMCA OF THE USA
101 N WACKER DRIVE	CHICAGO	IL	60606	363258696	501(C)(3)	$4,003,118	WATER SAFETY INITIATIVE
YMCA OF THE USA
101 N WACKER DRIVE	CHICAGO	IL	60606	363258696	501(C)(3)	$1,000,000	NEW AMERICAN WELCOME CENTERS AND FAMILY AND COMMUNITY STABILITY
YMCA OF THE USA
101 N WACKER DRIVE	CHICAGO	IL	60606	363258696	501(C)(3)	$985,349	YMCA FOREVERWELL PROGRAM EXPANSION
YMCA OF THE USA
101 N WACKER DRIVE	CHICAGO	IL	60606	363258696	501(C)(3)	$663,059	SUPPORT FOR STRATEGIC INITIATIVES FUND
YMCA OF THE USA
101 N WACKER DRIVE	CHICAGO	IL	60606	363258696	501(C)(3)	$2,500,000	SUPPORT FOR RESIDENT CAMP ACCESS
YMCA OF THE USA
101 N WACKER DRIVE	CHICAGO	IL	60606	363258696	501(C)(3)	$815,000	SUPPORT FOR CAMP RESEARCH AND METRICS
YMCA OF THE USA
101 N WACKER DRIVE	CHICAGO	IL	60606	363258696	501(C)(3)	$3,000,000	COVID-19 EMERGENCY RESPONSE SUPPORT

Field	Value	IRS element (for citing)
Total501c3 Org	16	Total501c3OrgCnt

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	PART I, LINE 2:	FormAndLineReferenceDesc
Explanation	THE REPORTING ORGANIZATION GENERALLY MONITORS USE OF FUNDS BY REQUIRING GRANT RECIPIENTS TO REPORT ON USE OF FUNDS AS WELL AS PROGRESS MADE ON SUPPORTED PROJECTS. THESE REPORTS ARE MADE IN ACCORDANCE WITH THE GRANT PROPOSALS AND GRANT AGREEMENTS. STAFF REVIEW REPORTS AND STATEMENTS CERTIFYING USE OF FUNDS FOR APPROVED CHARITABLE PURPOSES. FUNDS THAT ARE NOT USED FOR THE PURPOSE OF THE GRANT ARE REQUIRED TO BE RETURNED TO ANNE RAY FOUNDATION, SUBJECT TO THE DISCRETION OF THE REPORTING ORGANIZATION. IN 2020, THE REPORTING ORGANIZATION WORKED WITH EACH DESIGNATED SUPPORTED ORGANIZATION TO UNDERSTAND WHAT FLEXIBILITY MAY BE NEEDED WITH RESPECT TO ACTIVE GRANTS. THESE DISCUSSIONS RESULTED IN A MODIFICATION TO MANY OF THE GRANTS TO PROVIDE ADDITIONAL FLEXIBILITY IN HOW FUNDS WERE USED, ALLOWING THE DESIGNATED SUPPORTED ORGANIZATION TO USE FUNDS FOR THE MOST URGENT NEED OF THE ORGANIZATION OR THE PROJECT.	ExplanationTxt

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
First Class Or Charter Travel	Yes (X)	FirstClassOrCharterTravelInd
Idemnification Gross Up Pmts	Yes (X)	IdemnificationGrossUpPmtsInd
Written Policy Ref T And E Expnss	Yes (1)	WrittenPolicyRefTAndEExpnssInd
Substantiation Required	Yes (1)	SubstantiationRequiredInd
Compensation Committee	Yes (X)	CompensationCommitteeInd
Independent Consultant	Yes (X)	IndependentConsultantInd
Form990 Of Other Organizations	Yes (X)	Form990OfOtherOrganizationsInd
Compensation Survey	Yes (X)	CompensationSurveyInd
Board Or Committee Approval	Yes (X)	BoardOrCommitteeApprovalInd
Severance Payment	0	SeverancePaymentInd
Supplemental Nonqual Rtr Plan	Yes (1)	SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm	0	EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org	0	CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs	0	CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org	0	CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs	0	CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments	Yes (1)	AnyNonFixedPaymentsInd
Initial Contract Exception	0	InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (10 entries)

TitleTitleTxt	Base Compensation Filing OrgBaseCompensationFilingOrgAmt	Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt	Bonus Filing OrganizationBonusFilingOrganizationAmount	Bonus Related OrganizationsBonusRelatedOrganizationsAmt	Other Compensation Filing OrgOtherCompensationFilingOrgAmt	Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt	Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt	Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt	Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt	Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt	Total Compensation Filing OrgTotalCompensationFilingOrgAmt	Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt	Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt	Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
PAUL BUSCH
DIRECTOR/PRES & CEO	$0	$834,532	$0	$0	$0	$461,248	$0	$130,596	$0	$24,614	$0	$1,450,990	$0	$311,739
NAOMI HORSAGER
TREASURER/CFO	$0	$481,913	$0	$0	$0	$65,089	$0	$77,479	$0	$35,883	$0	$660,364	$0	$28,243
HEATHER KUKLA
SECRETARY/VP & GEN COUNSEL	$0	$483,163	$0	$0	$0	$63,576	$0	$77,275	$0	$34,633	$0	$658,647	$0	$25,080
TERRENCE MEERSMAN
VP OF PROGRAMS	$0	$471,943	$0	$0	$0	$96,493	$0	$77,597	$0	$25,795	$0	$671,828	$0	$33,100
SHAWN WISCHMEIER
CHIEF INVESTMENT OFFICER	$0	$751,580	$0	$609,300	$0	$140,834	$0	$209,256	$0	$35,800	$0	$1,746,770	$0	$114,922
MICHAEL RUETZ
DEPUTY CIO/INVESTMENT DIR.	$0	$478,643	$0	$291,300	$0	$66,615	$0	$117,223	$0	$34,633	$0	$988,414	$0	$0
MATTHEW MINNIS
INVESTMENT DIRECTOR	$0	$355,332	$0	$223,200	$0	$33,432	$0	$91,005	$0	$23,614	$0	$726,583	$0	$0
RODNEY OVERCASH
INVESTMENT DIRECTOR	$0	$397,747	$0	$241,100	$0	$72,644	$0	$97,835	$0	$36,566	$0	$845,892	$0	$0
TRICIA SCRIVNER
INVESTMENT DIRECTOR	$0	$379,429	$0	$230,900	$0	$90,937	$0	$96,080	$0	$25,700	$0	$823,046	$0	$0
CHRISTOPHER VOGT
INVESTMENT DIRECTOR	$0	$396,184	$0	$235,500	$0	$59,669	$0	$96,770	$0	$36,629	$0	$824,752	$0	$0

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
PART I, LINE 1A	PERSONS LISTED ON PART VII WERE REQUIRED TO TRAVEL INTERNATIONALLY DURING THE 2020 TAX YEAR. IN THESE CASES, THE FILING ORGANIZATION'S POLICY ALLOWS FOR REIMBURSEMENT OF ABOVE COACH FARE FOR THE AIRFARE, INCLUDING DOMESTIC LEGS OF INTERNATIONAL TRAVEL. IN ADDITION, ALL EMPLOYEES INCLUDING THOSE REPORTED IN PART VII RECEIVED A TAX GROSS-UP RELATED TO THE COST OF LONG-TERM DISABILITY PREMIUMS.
PART I, LINE 3	THE BOARDS OF ANNE RAY FOUNDATION AND MARGARET A. CARGILL FOUNDATION ESTABLISHED A JOINT, INDEPENDENT COMPENSATION COMMITTEE. THE COMPENSATION COMMITTEE HIRED AN INDEPENDENT CONSULTANT TO ANALYZE THE REASONABLENESS OF COMPENSATION TO BE PAID IN 2020 TO DIRECTORS, EXECUTIVES, AND CERTAIN KEY EMPLOYEES. THE REPORT WAS BASED ON PUBLISHED SURVEY DATA AS WELL AS FORM 990 DATA FOR COMPARABLE ORGANIZATIONS. THE COMMITTEE APPROVED COMPENSATION TO CERTAIN EXECUTIVES AND KEY EMPLOYEES, NOTING THE APPROVAL WAS BASED ON THE COMMITTEE'S DETERMINATION THAT COMPENSATION WAS REASONABLE. THE COMMITTEE THEN MADE A RECOMMENDATION FOR REVIEW AND APPROVAL BY THE BOARDS FOR COMPENSATION TO BE PAID TO CERTAIN OTHER EXECUTIVES. AFTER CONSIDERING RECOMMENDATIONS FROM THE COMPENSATION COMMITTEE, THE ANNE RAY FOUNDATION BOARD APPROVED COMPENSATION TO BOARD DIRECTORS AND CERTAIN EXECUTIVES, NOTING THE APPROVAL WAS BASED ON THE BOARDS' DETERMINATION THAT COMPENSATION WAS REASONABLE. SEE SCHEDULE O FOR ADDITIONAL DESCRIPTION OF THE PROCESS USED TO ESTABLISH COMPENSATION.
PART I, LINE 4B	MARGARET A. CARGILL FOUNDATION, A RELATED ORGANIZATION, SPONSORS AN UNFUNDED, NON-QUALIFIED DEFERRED COMPENSATION PLAN ("THE RESTORATION PLAN") UNDER INTERNAL REVENUE CODE SECTION 457(F) FOR THE PURPOSE OF PROVIDING DEFERRED COMPENSATION FOR A SELECT GROUP OF MANAGEMENT OR HIGHLY COMPENSATED EMPLOYEES. THE RESTORATION PLAN PROVIDES DEFERRED COMPENSATION BENEFITS FOR PARTICIPANTS WHO COULD NOT MATCH FULL CONTRIBUTIONS TO QUALIFIED DEFINED CONTRIBUTION PLANS WHICH WOULD OTHERWISE HAVE BEEN AVAILABLE BUT FOR INTERNAL REVENUE CODE LIMITS. ANNE RAY FOUNDATION APPROVES AWARDS TO THIS PLAN AS PART OF THE ANNUAL COMPENSATION SETTING AND APPROVAL PROCESSES. AMOUNTS DEFERRED UNDER THE RESTORATION PLAN ARE SUBJECT TO A SUBSTANTIAL RISK OF FORFEITURE UNTIL VESTED. DURING 2020, THE FOLLOWING ARE AMOUNTS THAT WERE INCLUDED IN COMPENSATION DUE TO VESTING AND DISTRIBUTED FROM THE RESTORATION PLAN TO PAY TAXES ON THE VESTED PORTION OF THE ACCOUNT. PAUL BUSCH - $131,059 NAOMI HORSAGER - $11,515 HEATHER KUKLA - $11,828 TERRENCE MEERSMAN - $15,052 SHAWN WISCHMEIER - $35,166 RODNEY OVERCASH - $20,955 MICHAEL RUETZ - $19,019 TRICIA SCRIVNER - $20,608 CHRISTOPHER VOGT - $16,817 MATT MINNIS - $2,925
PART I, LINE 7	VARIABLE INCENTIVE PLAN AWARDS WERE PROVIDED TO CERTAIN PERSONS LISTED ON PART VII. THESE AWARDS WERE PAID BASED ON A VARIABLE COMPENSATION PLAN APPLICABLE TO INVESTMENT STAFF. VARIABLE INCENTIVE PLAN AWARDS WERE CONSISTENT WITH INDUSTRY STANDARD FOR PERSONS SERVING IN SIMILAR ROLES. COMPENSATION AS INDICATED IN SCHEDULE J IS REASONABLE AND SUPPORTED BY AN INDEPENDENT COMPENSATION SURVEY.

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (9 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 2	ANNE RAY FOUNDATION SHARED OPERATIONS WITH MARGARET A. CARGILL FOUNDATION (MAC FOUNDATION), A RELATED ORGANIZATION, IN PURSUIT OF THEIR SHARED VISION IN ORDER TO MAXIMIZE ASSETS AVAILABLE FOR CHARITABLE GRANTMAKING. AS PART OF THE SHARED OPERATIONS, ALL STAFF AND DIRECTORS LISTED IN PART VII ALSO SERVE AS STAFF AND DIRECTORS OF MAC FOUNDATION. OFFICERS, KEY EMPLOYEES, AND BOARD MEMBERS LISTED IN PART VII ARE DEEMED TO HAVE A BUSINESS RELATIONSHIP WITH EACH OTHER AS DEFINED BY FORM 990 REPORTING STANDARDS.
FORM 990, PART VI, SECTION A, LINE 6	ANNE RAY FOUNDATION HAS TWO MEMBERS WHO ALSO SERVE AS DIRECTORS OF THE ORGANIZATION. MEMBERS' RIGHTS COVER GOVERNANCE AND OVERSIGHT AS DESCRIBED IN THE EXPLANATION STATEMENT PROVIDED FOR LINE 7B. MEMBERS ARE NOT RESERVED ANY RIGHTS THAT WOULD RESULT IN A PERSONAL BENEFIT TO THE MEMBER.
FORM 990, PART VI, SECTION A, LINE 7A	THE ARTICLES AND BYLAWS PROVIDE THAT THE TWO MEMBERS SHALL HAVE THE AUTHORITY TO DESIGNATE DIRECTORS. THE MEMBERS WILL SEEK INPUT FROM OTHER DIRECTORS ON THE DESIGNATION AND ACT ON THEIR RECOMMENDATIONS ACCORDING TO THE ARTICLES AND BYLAWS.
FORM 990, PART VI, SECTION A, LINE 7B	ANNE RAY FOUNDATION'S ORGANIZING DOCUMENTS RESERVE CERTAIN RIGHTS FOR THE MEMBERS, SPECIFICALLY THE RIGHT TO AMEND THE BYLAWS, APPOINT COMMITTEE CHAIRS, NOMINATE COMMITTEE MEMBERS, APPROVE DOMAIN DEFINITIONS, AND OVERSEE WINDING UP THE AFFAIRS OF THE ORGANIZATION. ANNE RAY FOUNDATION'S BOARD OF DIRECTORS ESTABLISHED THE AKALOA PROGRAM COMMITTEE IN JULY 2016. THIS COMMITTEE IS AUTHORIZED TO RECOMMEND OR APPROVE GRANTS WITHIN THE BUDGET PROVIDED BY THE BOARD.
FORM 990, PART VI, SECTION B, LINE 11B	THE RETURN WAS REVIEWED BY THE CFO AND INDEPENDENT CPA PAID PREPARER. BEFORE FILING WITH THE IRS, BOARD MEMBERS AND OFFICERS RECEIVED AND DISCUSSED COPIES OF THE COMPLETE FORM 990.
FORM 990, PART VI, SECTION B, LINE 12C	ALL OFFICERS, DIRECTORS, KEY EMPLOYEES, AND OTHER STAFF MEMBERS ARE REQUIRED TO SIGN A CONFLICT OF INTEREST DISCLOSURE ANNUALLY. ALL DISCLOSURES ARE FIRST REVIEWED BY THE LEGAL DEPARTMENT. IF NECESSARY THE CEO/PRESIDENT OR BOARD CHAIR FURTHER REVIEWS, DETERMINES WHETHER A CONFLICT EXISTS, AND DETERMINES HOW TO RESOLVE SUCH CONFLICT. ANY DIRECTOR FOUND TO HAVE A MATERIAL CONFLICT IS RESTRICTED FROM VOTING ON RELATED MATTERS AND ANNE RAY FOUNDATION'S GENERAL COUNSEL, IN CONSULTATION WITH THE PRESIDENT/CEO OR BOARD CHAIR, DETERMINES WHETHER OTHER ACTIONS ARE REQUIRED TO NEUTRALIZE THE POTENTIAL CONFLICT.
FORM 990, PART VI, SECTION B, LINE 15	ANNE RAY FOUNDATION IS RELATED TO MARGARET A. CARGILL FOUNDATION (MAC FOUNDATION). MAC FOUNDATION IS THE EMPLOYER OF ALL STAFF RESPONSIBLE FOR PROVIDING SERVICES TO MAC FOUNDATION AND ANNE RAY FOUNDATION. ANNE RAY FOUNDATION REIMBURSES MAC FOUNDATION FOR ITS ALLOCABLE SHARE OF THE STAFF COSTS RELATED TO SERVICES PROVIDED TO ANNE RAY FOUNDATION. THE ANNE RAY FOUNDATION BOARD AND MAC FOUNDATION BOARD ESTABLISHED A JOINT COMPENSATION COMMITTEE. MEMBERSHIP IN THE COMPENSATION COMMITTEE IS LIMITED SO THAT ALL COMMITTEE MEMBERS ARE INDEPENDENT. THE COMPENSATION COMMITTEE IS RESPONSIBLE FOR: - ENGAGING AN INDEPENDENT COMPENSATION CONSULTANT TO ANALYZE RELEVANT COMPARABILITY DATA AND ADVISE THE COMMITTEE ON THE REASONABLENESS OF PROPOSED TOTAL REMUNERATION; - RECOMMEND AND/OR APPROVE COMPENSATION FOR EXECUTIVES; - PERIODICALLY REVIEW COMPENSATION AND BENEFITS OFFERINGS AND PHILOSOPHY; - ENSURE THAT COMPENSATION APPROVALS ARE DOCUMENTED IN WRITING IN CONTEMPORANEOUS COMMITTEE MEETING MINUTES. IN DETERMINING COMPENSATION TO BE PAID FOR THE 2020 TAX YEAR, THE COMPENSATION COMMITTEE HIRED AN INDEPENDENT CONSULTANT TO ANALYZE THE REASONABLENESS OF COMPENSATION TO BE PAID TO DIRECTORS, EXECUTIVES, AND CERTAIN KEY EMPLOYEES. THE REPORT WAS BASED ON PUBLISHED SURVEY DATA AS WELL AS FORM 990 DATA FOR COMPARABLE ORGANIZATIONS. THE CONSULTANT COMMUNICATED THE RESULTS OF THE REPORT DIRECTLY TO THE COMPENSATION COMMITTEE. THE COMMITTEE APPROVED COMPENSATION TO CERTAIN EXECUTIVES AND KEY EMPLOYEES, NOTING THE APPROVAL WAS BASED ON THE COMMITTEE'S DETERMINATION THAT COMPENSATION WAS REASONABLE. THE COMMITTEE THEN MADE A RECOMMENDATION FOR REVIEW AND APPROVAL BY THE BOARDS FOR COMPENSATION TO BE PAID TO CERTAIN OTHER EXECUTIVES. AFTER CONSIDERING RECOMMENDATIONS FROM THE COMPENSATION COMMITTEE, THE ANNE RAY FOUNDATION BOARD AND MAC FOUNDATION BOARD APPROVED COMPENSATION TO BOARD DIRECTORS AND CERTAIN EXECUTIVES, NOTING THE APPROVAL WAS BASED ON THE BOARDS' DETERMINATION THAT COMPENSATION WAS REASONABLE. WHEN NECESSARY, BOARD MEMBERS WERE RECUSED FROM APPROVING COMPENSATION IN ACCORDANCE WITH THE ORGANIZATIONS' CONFLICT OF INTEREST POLICY.
FORM 990, PART VI, SECTION C, LINE 19	THESE DOCUMENTS ARE AVAILABLE TO THE GENERAL PUBLIC UPON REQUEST. THE ORGANIZATION POSTS ITS FORM 990 AND AUDITED FINANCIAL STATEMENTS TO ITS WEBSITE FOR PUBLIC ACCESS. THE ORGANIZATION ALSO SHARES ITS FORM 990 AND AUDITED FINANCIALS DIRECTLY WITH THE SMALL NUMBER OF SPECIFICALLY NAMED ORGANIZATIONS IT SUPPORTS.
FORM 990, PART XI, LINE 9:	BOOK/TAX DIFFERENCE IN NET INCOME FROM INVESTMENTS 12,498,502. OTHER BOOK/TAX DIFFERENCE IN EXPENSE -1,940,374.

Schedule R IRS990ScheduleR

Id Disregarded Entities IdDisregardedEntitiesGrp

Disregarded Entity Name DisregardedEntityName

Field	Value	IRS element (for citing)
Business Name Line1	KARI LLC	BusinessNameLine1Txt

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	120 BROADWAY AVE N	AddressLine1Txt
City	WAYZATA	CityNm
State Abbreviation	MN	StateAbbreviationCd
ZIP	55391	ZIPCd

Field	Value	IRS element (for citing)
EIN	421747887	EIN
Primary Activities	REAL ESTATE HOLDING COMPANY	PrimaryActivitiesTxt
Legal Domicile State	MN	LegalDomicileStateCd
Total Income	-$60,482	TotalIncomeAmt
End Of Year Assets	$0	EndOfYearAssetsAmt

Direct Controlling Entity Name DirectControllingEntityName

Field	Value	IRS element (for citing)
Business Name Line1	ANNE RAY FOUNDATION	BusinessNameLine1Txt

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (17 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	EINEIN	Primary ActivitiesPrimaryActivitiesTxt	Legal Domicile StateLegalDomicileStateCd	Exempt Code SectionExemptCodeSectionTxt	Public Charity StatusPublicCharityStatusTxt	Direct Controlling NADirectControllingNACd	Controlled OrganizationControlledOrganizationInd
ARC NATIONAL
2025 E STREET NW	WASHINGTON	DC	20006	530196605	EMERGENCY RESPONSE AND PREVENTION	DC	501(C)(3)	7	N/A	0
ASI
2600 PARK AVENUE	MINNEAPOLIS	MN	55407	410711603	PROMOTE KNOWLEDGE OF SWEDISH ART, LITERATURE AND SCIENCE	MN	501(C)(3)	7	N/A	0
BEREA COLLEGE
LINCOLN HALL NO 220	BEREA	KY	40404	610444650	POST-SECONDARY EDUCATION	KY	501(C)(3)	2	N/A	0
IDYLLWILD
PO BOX 38	IDYLLWILD	CA	92549	951801279	ENRICHMENT IN THE ARTS	CA	501(C)(3)	2	N/A	0
MINGEI
1439 EL PRADO	SAN DIEGO	CA	92101	237433357	FOLK ART MUSEUM	CA	501(C)(3)	7	N/A	0
PBS
2100 CRYSTAL DRIVE	ARLINGTON	VA	22202	520899215	PUBLIC MEDIA	VA	501(C)(3)	7	N/A	0
SDHS
5500 GAINES STREET	SAN DIEGO	CA	92110	951661688	PROMOTE HUMANE TREATMENT OF ANIMALS	CA	501(C)(3)	7	N/A	0
KPBS
5250 CAMPANILE DRIVE	SAN DIEGO	CA	92182	330373293	PUBLIC MEDIA AND EDUCATIONAL PROGRAMS	CA	501(C)(3)	2	N/A	0
SAR
PO BOX 2188	SANTA FE	NM	87504	850125045	ADVANCED STUDY AND COMMUNICATION OF KNOWLEDGE	NM	501(C)(3)	7	N/A	0
NMAI
1000 JEFFERSON DRIVE S	WASHINGTON	DC	20560	530206027	INCREASE AND DIFFUSION OF KNOWLEDGE	DC	501(C)(3)	7	N/A	0
ST PAUL'S
328 MAPLE STREET	SAN DIEGO	CA	92103	952111196	SUPPORT FOR LONG-TERM CARE FACILITIES	CA	501(C)(3)	10	N/A	0
SA CA
180 E OCEAN BLVD 9TH FLOOR	LONG BEACH	CA	90802	941156347	MEETING HUMAN NEED IN THE NAME OF THE CHRISTIAN CHURCH	CA	501(C)(3)	1	N/A	0
SA NATIONAL
615 SLATERS LANE	ALEXANDRIA	VA	22313	222406433	MEETING HUMAN NEED IN THE NAME OF THE CHRISTIAN CHURCH	VA	501(C)(3)	1	N/A	0
YMCA OF THE USA
101 NORTH WACKER DRIVE SUITE 400	CHICAGO	IL	60606	363258696	PROGRAMS THAT BUILD HEALTHY SPIRIT, MIND AND BODY FOR ALL	IL	501(C)(3)	10	N/A	0
TNC
4245 N FAIRFAX DR STE 100	ARLINGTON	VA	22203	530242652	PROTECTING THE LAND AND WATER ON WHICH THE DIVERSITY OF LIFE DEPENDS	VA	501(C)(3)	7	N/A	0
PMG
2900 WEST ALAMEDA AVENUE SUITE 600	BURBANK	CA	91505	952211661	PUBLIC MEDIA PROGRAMMING	CA	501(C)(3)	7	N/A	0
MARGARET A CARGILL FOUNDATION
6889 ROWLAND ROAD	EDEN PRAIRIE	MN	55344	371758406	CHARITABLE GRANTMAKING	MN	501(C)(3)	N/A		Yes (1)

Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp (5 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	EINEIN	Primary ActivitiesPrimaryActivitiesTxt	Legal Domicile StateLegalDomicileStateCd	Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt	Predominant Income TypePredominantIncomeTypeTxt	Share Of Total IncomeShareOfTotalIncomeAmt	Share Of EOY AssetsShareOfEOYAssetsAmt	Disproportionate AllocationsDisproportionateAllocationsInd	General Or Managing PartnerGeneralOrManagingPartnerInd	OwnershipOwnershipPct
MARATHON MAGNI FUND LP
ONE BRYANT PARK 38TH FLOOR	NEW YORK	NY	10036	461902953	INVESTMENTS	NY	ANNE RAY FOUNDATION	INVESTMENT	-$1,611,736	$43,365,380	0	0	0.60600
SKADI LLC
6889 ROWLAND ROAD	EDEN PRAIRIE	MN	55344	812108322	INVESTMENTS	DE	ANNE RAY FOUNDATION	INVESTMENT	-$16,848,067	$218,700,489	0	0	0.59280
VALHALLA CAPITAL STRATEGIES FUND LLC
77 WEST WACKER DRIVE SUITE 3220	CHICAGO	IL	60601	320398087	INVESTMENTS	IL	ANNE RAY FOUNDATION	INVESTMENT	$53,188,919		0	0	0.58610
ART&ARF PRIVATE EQUITY PARTNERSHIP
767 FIFTH AVENUE 14TH FLOOR	NEW YORK	NY	10153	203049679	INVESTMENTS	NY	ANNE RAY FOUNDATION	INVESTMENT	$6,260,929	$16,746,383	0	0	0.99500
M-DATA CENTER PORTFOLIO CO-INVESTOR LLC
4700 WILSHIRE BLVD	LOS ANGELES	CA	90010	825332495	INVESTMENTS	CA	ANNE RAY FOUNDATION	INVESTMENT	-$42,814	$3,987,301	0	0	0.60000

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (3 entries)

Address Line1ForeignAddress/AddressLine1Txt	CityForeignAddress/CityNm	Province Or StateForeignAddress/ProvinceOrStateNm	CountryForeignAddress/CountryCd	EINEIN	Primary ActivitiesPrimaryActivitiesTxt	Legal Domicile Foreign CountryLegalDomicileForeignCountryCd	Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt	Entity TypeEntityTypeTxt	Share Of Total IncomeShareOfTotalIncomeAmt	Share Of EOY AssetsShareOfEOYAssetsAmt	OwnershipOwnershipPct	Controlled OrganizationControlledOrganizationInd	Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	Foreign PostalForeignAddress/ForeignPostalCd
AG ANDVARI FUND LP
89 NEXUS WAY	CAMANA BAY	GRAND CAYMAN	CJ	990383003	INVESTMENTS	CJ	ANNE RAY FOUNDATION	C	$504,435	$94,656,712	0.62230	Yes (1)
H2 CP LTD
				981048477	INVESTMENTS	CJ	ANNE RAY FOUNDATION	C	$1,604,651	$69,124,465	0.57000	Yes (1)	680 WASHINGTON BLVD	STAMFORD	CT	06901
MARATHON MODI
90 NEXUS WAY	CAMANA BAY	GRAND CAYMAN	CJ		INVESTMENTS	CJ	ANNE RAY FOUNDATION	C	-$1,121,911	$31,075,515	0.60000	Yes (1)					KY1-1205

Field	Value	IRS element (for citing)
Receipt Of Int Annts Rnts Rylts	0	ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org	Yes (1)	GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org	0	GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org	0	LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org	0	LoansOrGuaranteesFromOthOrgInd
Div Related Organization	0	DivRelatedOrganizationInd
Asset Sale To Other Org	0	AssetSaleToOtherOrgInd
Asset Purchase From Other Org	0	AssetPurchaseFromOtherOrgInd
Asset Exchange	0	AssetExchangeInd
Rental Of Facilities To Oth Org	Yes (1)	RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org	0	RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org	0	PerformOfServicesForOthOrgInd
Perform Of Services By Other Org	Yes (1)	PerformOfServicesByOtherOrgInd
Sharing Of Facilities	Yes (1)	SharingOfFacilitiesInd
Paid Employees Sharing	Yes (1)	PaidEmployeesSharingInd
Reimbursement Paid To Other Org	Yes (1)	ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org	Yes (1)	ReimbursementPaidByOtherOrgInd
Transfer To Other Org	0	TransferToOtherOrgInd
Transfer From Other Org	Yes (1)	TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp (10 entries)

Transaction TypeTransactionTypeTxt	InvolvedInvolvedAmt	Method Of Amount DeterminationMethodOfAmountDeterminationTxt
MARGARET A CARGILL FOUNDATION PAYMENTS FOR SHARED SERVICES
M	$23,229,366	BOOKS AND RECORDS - COST
MARGARET A CARGILL FOUNDATION PAYMENTS FOR SHARED SERVICES
N		INCLUDED IN M ABOVE
MARGARET A CARGILL FOUNDATION PAYMENTS FOR SHARED SERVICES
O		INCLUDED IN M ABOVE
MARGARET A CARGILL FOUNDATION PAYMENTS FOR ADVANCES
P		INCLUDED IN M ABOVE
MARGARET A CARGILL FOUNDATION PAYMENTS FOR SHARED SERVICES
Q		INCLUDED IN M ABOVE
MARGARET A CARGILL FOUNDATION PAYMENTS FOR SHARED SERVICES
J		INCLUDED IN M ABOVE
AG ANDVARI FUND
B	$83,300,000	BOOKS AND RECORDS
MARATHON MAGNI FUND LP
B	$3,588,976	BOOKS AND RECORDS
MARATHON MAGNI FUND LP
S	$1,381,045	BOOKS AND RECORDS
M-DATA CENTER PORTFOLIO CO-INVESTOR LLC
B	$673,865	BOOKS AND RECORDS

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	SCHEDULE R, PART V, LINE 2	FormAndLineReferenceDesc
Explanation	MARGARET A. CARGILL FOUNDATION AND ANNE RAY FOUNDATION SHARE OPERATIONS IN PURSUIT OF THEIR SHARED VISION IN ORDER TO MAXIMIZE ASSETS AVAILABLE TO CHARITABLE GRANTMAKING. THE TRANSACTIONS REPORTED AT PART V, LINES 1.A THROUGH 1.Q ARE THE RESULT OF SHARED COSTS THAT ARE INCURRED IN PURSUIT OF THEIR SHARED VISION. ANNE RAY FOUNDATION ALSO REPORTS AT PART V, LINE 2 TRANSFERS TO OR FROM PASSIVE INVESTMENT FUNDS THAT ARE IDENTIFIED AS RELATED CORPORATIONS AND PARTNERSHIPS AT PART IV.	ExplanationTxt