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          <GrossSalesPriceAmt>2870</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>194</CostOrOtherBasisAmt>
          <GainOrLossAmt>2676</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>2676</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>BOSTON SCIENTIFIC CORP</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2020-06-04</AcquiredDt>
          <SoldDt>2020-08-06</SoldDt>
          <GrossSalesPriceAmt>3229</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>3270</CostOrOtherBasisAmt>
          <GainOrLossAmt>-41</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-41</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>ESTEE LAUDER COMPANIES INC</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2020-06-04</AcquiredDt>
          <SoldDt>2020-08-06</SoldDt>
          <GrossSalesPriceAmt>2989</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>3032</CostOrOtherBasisAmt>
          <GainOrLossAmt>-43</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-43</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>NVIDIA CORP</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2018-11-27</AcquiredDt>
          <SoldDt>2021-06-18</SoldDt>
          <GrossSalesPriceAmt>7117</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>1542</CostOrOtherBasisAmt>
          <GainOrLossAmt>5575</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>5575</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>TRIMBLE INC</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2020-06-04</AcquiredDt>
          <SoldDt>2020-08-06</SoldDt>
          <GrossSalesPriceAmt>2151</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>2056</CostOrOtherBasisAmt>
          <GainOrLossAmt>95</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>95</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapitalGainNetIncomeAmt>136754</CapitalGainNetIncomeAmt>
        <NetShortTermCapitalGainLossAmt>6039</NetShortTermCapitalGainLossAmt>
      </CapGainsLossTxInvstIncmDetail>
      <ExciseTaxBasedOnInvstIncmGrp>
        <InvestmentIncomeExciseTaxAmt>3258</InvestmentIncomeExciseTaxAmt>
        <SubtotalAmt>3258</SubtotalAmt>
        <TaxBasedOnInvestmentIncomeAmt>3258</TaxBasedOnInvestmentIncomeAmt>
        <EstimatedPlusOvpmtIncmTxAmt>3100</EstimatedPlusOvpmtIncmTxAmt>
        <TotalPaymentsAndCreditsAmt>3100</TotalPaymentsAndCreditsAmt>
        <TaxDueAmt>158</TaxDueAmt>
      </ExciseTaxBasedOnInvstIncmGrp>
      <StatementsRegardingActyGrp>
        <LegislativePoliticalActyInd>false</LegislativePoliticalActyInd>
        <MoreThan100SpentInd>false</MoreThan100SpentInd>
        <Form1120POLFiledInd>false</Form1120POLFiledInd>
        <ActivitiesNotPreviouslyRptInd>false</ActivitiesNotPreviouslyRptInd>
        <ChangesToArticlesOrBylawsInd>true</ChangesToArticlesOrBylawsInd>
        <UnrelatedBusIncmOverLimitInd>false</UnrelatedBusIncmOverLimitInd>
        <OrganizationDissolvedEtcInd>false</OrganizationDissolvedEtcInd>
        <Section508eRqrSatisfiedInd>true</Section508eRqrSatisfiedInd>
        <AtLeast5000InAssetsInd>true</AtLeast5000InAssetsInd>
        <OrgReportOrRegisterStateCd>MN</OrgReportOrRegisterStateCd>
        <Form990PFFiledWithAttyGenInd>true</Form990PFFiledWithAttyGenInd>
        <PrivateOperatingFoundationInd>false</PrivateOperatingFoundationInd>
        <NewSubstantialContributorsInd referenceDocumentId="RetDoc18">true</NewSubstantialContributorsInd>
        <OwnControlledEntityInd>false</OwnControlledEntityInd>
        <DonorAdvisedFundInd>false</DonorAdvisedFundInd>
        <ComplyWithPublicInspRqrInd>true</ComplyWithPublicInspRqrInd>
        <WebsiteAddressTxt>WWW.DEPOTFOUNDATION.ORG</WebsiteAddressTxt>
        <IndividualWithBooksNm>TRACY HANSEN</IndividualWithBooksNm>
        <PhoneNum>2182799913</PhoneNum>
        <LocationOfBooksUSAddress>
          <AddressLine1Txt>230 W SUPERIOR ST 432</AddressLine1Txt>
          <CityNm>DULUTH</CityNm>
          <StateAbbreviationCd>MN</StateAbbreviationCd>
          <ZIPCd>55802</ZIPCd>
        </LocationOfBooksUSAddress>
        <ForeignAccountsQuestionInd>false</ForeignAccountsQuestionInd>
      </StatementsRegardingActyGrp>
      <StatementsRegardingActy4720Grp>
        <SaleOrExchDisqualifiedPrsnInd>false</SaleOrExchDisqualifiedPrsnInd>
        <BrrwOrLendDisqualifiedPrsnInd>false</BrrwOrLendDisqualifiedPrsnInd>
        <FurnGoodsDisqualifiedPrsnInd>false</FurnGoodsDisqualifiedPrsnInd>
        <PayCompDisqualifiedPrsnInd>false</PayCompDisqualifiedPrsnInd>
        <TransferAstDisqualifiedPrsnInd>false</TransferAstDisqualifiedPrsnInd>
        <PaymentToGovernmentOfficialInd>false</PaymentToGovernmentOfficialInd>
        <UndistributedIncomePYInd>false</UndistributedIncomePYInd>
        <BusinessHoldingsInd>false</BusinessHoldingsInd>
        <JeopardyInvestmentsInd>false</JeopardyInvestmentsInd>
        <UncorrectedPYJeopardyInvstInd>false</UncorrectedPYJeopardyInvstInd>
        <InfluenceLegislationInd>false</InfluenceLegislationInd>
        <InfluenceElectionInd>false</InfluenceElectionInd>
        <GrantsToIndividualsInd>false</GrantsToIndividualsInd>
        <GrantsToOrganizationsInd>false</GrantsToOrganizationsInd>
        <NoncharitablePurposeInd>false</NoncharitablePurposeInd>
        <RcvFndsToPayPrsnlBnftCntrctInd>false</RcvFndsToPayPrsnlBnftCntrctInd>
        <PayPremiumsPrsnlBnftCntrctInd>false</PayPremiumsPrsnlBnftCntrctInd>
        <ProhibitedTaxShelterTransInd>false</ProhibitedTaxShelterTransInd>
        <SubjToTaxRmnrtnExPrchtPymtInd>false</SubjToTaxRmnrtnExPrchtPymtInd>
      </StatementsRegardingActy4720Grp>
      <OfficerDirTrstKeyEmplInfoGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>RENEE MATTSON</PersonNm>
          <USAddress>
            <AddressLine1Txt>230 W SUPERIOR ST 432</AddressLine1Txt>
            <CityNm>DULUTH</CityNm>
            <StateAbbreviationCd>MN</StateAbbreviationCd>
            <ZIPCd>55802</ZIPCd>
          </USAddress>
          <TitleTxt>CHAIR</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>4.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>AMY HIETAPELTO</PersonNm>
          <USAddress>
            <AddressLine1Txt>230 W SUPERIOR ST 432</AddressLine1Txt>
            <CityNm>DULUTH</CityNm>
            <StateAbbreviationCd>MN</StateAbbreviationCd>
            <ZIPCd>55802</ZIPCd>
          </USAddress>
          <TitleTxt>VICE-CHAIR</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>1.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>KAROL SOWERS</PersonNm>
          <USAddress>
            <AddressLine1Txt>230 W SUPERIOR ST 432</AddressLine1Txt>
            <CityNm>DULUTH</CityNm>
            <StateAbbreviationCd>MN</StateAbbreviationCd>
            <ZIPCd>55802</ZIPCd>
          </USAddress>
          <TitleTxt>SECRETARY</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>1.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>BILL GRAVELLE</PersonNm>
          <USAddress>
            <AddressLine1Txt>230 W SUPERIOR ST 432</AddressLine1Txt>
            <CityNm>DULUTH</CityNm>
            <StateAbbreviationCd>MN</StateAbbreviationCd>
            <ZIPCd>55802</ZIPCd>
          </USAddress>
          <TitleTxt>TREASURER</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>1.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>PAT CUTSHALL</PersonNm>
          <USAddress>
            <AddressLine1Txt>230 W SUPERIOR ST 432</AddressLine1Txt>
            <CityNm>DULUTH</CityNm>
            <StateAbbreviationCd>MN</StateAbbreviationCd>
            <ZIPCd>55802</ZIPCd>
          </USAddress>
          <TitleTxt>DIRECTOR</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>1.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>MISSY FRANCISCO CARLSON</PersonNm>
          <USAddress>
            <AddressLine1Txt>230 W SUPERIOR ST 432</AddressLine1Txt>
            <CityNm>DULUTH</CityNm>
            <StateAbbreviationCd>MN</StateAbbreviationCd>
            <ZIPCd>55802</ZIPCd>
          </USAddress>
          <TitleTxt>DIRECTOR</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>1.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>ELISSA HUSBY</PersonNm>
          <USAddress>
            <AddressLine1Txt>230 W SUPERIOR ST 432</AddressLine1Txt>
            <CityNm>DULUTH</CityNm>
            <StateAbbreviationCd>MN</StateAbbreviationCd>
            <ZIPCd>55802</ZIPCd>
          </USAddress>
          <TitleTxt>DIRECTOR</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>1.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>KRIS KAPSNER</PersonNm>
          <USAddress>
            <AddressLine1Txt>230 W SUPERIOR ST 432</AddressLine1Txt>
            <CityNm>DULUTH</CityNm>
            <StateAbbreviationCd>MN</StateAbbreviationCd>
            <ZIPCd>55802</ZIPCd>
          </USAddress>
          <TitleTxt>DIRECTOR</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>1.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>DENNIS LAMKIN</PersonNm>
          <USAddress>
            <AddressLine1Txt>230 W SUPERIOR ST 432</AddressLine1Txt>
            <CityNm>DULUTH</CityNm>
            <StateAbbreviationCd>MN</StateAbbreviationCd>
            <ZIPCd>55802</ZIPCd>
          </USAddress>
          <TitleTxt>DIRECTOR</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>1.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>ROB HOFFMANN</PersonNm>
          <USAddress>
            <AddressLine1Txt>230 W SUPERIOR ST 432</AddressLine1Txt>
            <CityNm>DULUTH</CityNm>
            <StateAbbreviationCd>MN</StateAbbreviationCd>
            <ZIPCd>55802</ZIPCd>
          </USAddress>
          <TitleTxt>DIRECTOR</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>1.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>RICK LUBBERS</PersonNm>
          <USAddress>
            <AddressLine1Txt>230 W SUPERIOR ST 432</AddressLine1Txt>
            <CityNm>DULUTH</CityNm>
            <StateAbbreviationCd>MN</StateAbbreviationCd>
            <ZIPCd>55802</ZIPCd>
          </USAddress>
          <TitleTxt>DIRECTOR</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>1.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>AMY KURONEN</PersonNm>
          <USAddress>
            <AddressLine1Txt>230 W SUPERIOR ST 432</AddressLine1Txt>
            <CityNm>DULUTH</CityNm>
            <StateAbbreviationCd>MN</StateAbbreviationCd>
            <ZIPCd>55802</ZIPCd>
          </USAddress>
          <TitleTxt>DIRECTOR</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>1.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>JILL PINKNEY PASTRANA</PersonNm>
          <USAddress>
            <AddressLine1Txt>230 W SUPERIOR ST 432</AddressLine1Txt>
            <CityNm>DULUTH</CityNm>
            <StateAbbreviationCd>MN</StateAbbreviationCd>
            <ZIPCd>55802</ZIPCd>
          </USAddress>
          <TitleTxt>DIRECTOR</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>1.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>BARB PERRELLA</PersonNm>
          <USAddress>
            <AddressLine1Txt>230 W SUPERIOR ST 432</AddressLine1Txt>
            <CityNm>DULUTH</CityNm>
            <StateAbbreviationCd>MN</StateAbbreviationCd>
            <ZIPCd>55802</ZIPCd>
          </USAddress>
          <TitleTxt>DIRECTOR</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>1.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <CompOfHghstPdEmplOrNONETxt>NONE</CompOfHghstPdEmplOrNONETxt>
        <CompOfHghstPdCntrctOrNONETxt>NONE</CompOfHghstPdCntrctOrNONETxt>
      </OfficerDirTrstKeyEmplInfoGrp>
      <SummaryOfDirectChrtblActyGrp>
        <Description1Txt>GRANTS TO SUPPORT THE IDENTITY OF THE DEPOT AS A VITAL AND THRIVING CULTURAL, ARTS, AND HERITAGE CENTER</Description1Txt>
        <Expenses1Amt>332906</Expenses1Amt>
        <Description2Txt>DEPOT FOUNDATION ARTS &amp; CULTURE AWARDS RECOGNIZE MEMBERS OF THE COMMUNITY IN THE AREAS OF ARTS, CULTURE AND HISTORICAL PRESERVATION</Description2Txt>
        <Description3Txt>OPERATE AS A PAYMENT FACILITATOR FOR THE DISBURSEMENT OF DULUTH TOURISM TAX FUNDS FROM ST. LOUIS COUNTY, MINNESOTA TO THE ST LOUIS COUNTY HERITAGE AND ARTS CENTER BUILDING FOR THE PURPOSES OF MARKETING/ADVERTISING, GRANT SERVICES, MANAGEMENT SERVICES, EVENT &amp; OTHER STAFFING, EXHIBIT EXPENSES, TELEPHONE, IT, SECURITY, COPYING, POSTAGE AND PRINTING.</Description3Txt>
        <Expenses3Amt>675</Expenses3Amt>
      </SummaryOfDirectChrtblActyGrp>
      <SumOfProgramRelatedInvstGrp>
        <Description1Txt>N/A</Description1Txt>
      </SumOfProgramRelatedInvstGrp>
      <MinimumInvestmentReturnGrp>
        <AverageMonthlyFMVOfSecAmt>7100130</AverageMonthlyFMVOfSecAmt>
        <AverageMonthlyCashBalancesAmt>19217</AverageMonthlyCashBalancesAmt>
        <FMVAllOtherNoncharitableAstAmt>0</FMVAllOtherNoncharitableAstAmt>
        <TotalFMVOfUnusedAssetsAmt>7119347</TotalFMVOfUnusedAssetsAmt>
        <AdjustedTotalFMVOfUnusedAstAmt>7119347</AdjustedTotalFMVOfUnusedAstAmt>
        <CashDeemedCharitableAmt>106790</CashDeemedCharitableAmt>
        <NetVlNoncharitableAssetsAmt>7012557</NetVlNoncharitableAssetsAmt>
        <MinimumInvestmentReturnAmt>350628</MinimumInvestmentReturnAmt>
      </MinimumInvestmentReturnGrp>
      <DistributableAmountGrp>
        <MinimumInvestmentReturnAmt>350628</MinimumInvestmentReturnAmt>
        <TaxBasedOnInvestmentIncomeAmt>3258</TaxBasedOnInvestmentIncomeAmt>
        <TotalTaxAmt>3258</TotalTaxAmt>
        <DistributableBeforeAdjAmt>347370</DistributableBeforeAdjAmt>
        <DistributableBeforeDedAmt>347370</DistributableBeforeDedAmt>
        <DistributableAsAdjustedAmt>347370</DistributableAsAdjustedAmt>
      </DistributableAmountGrp>
      <QualifyingDistriPartXIIGrp>
        <ExpensesAndContributionsAmt>333581</ExpensesAndContributionsAmt>
        <QualifyingDistributionsAmt>333581</QualifyingDistributionsAmt>
        <AdjustedQualifyingDistriAmt>333581</AdjustedQualifyingDistriAmt>
      </QualifyingDistriPartXIIGrp>
      <UndistributedIncomeGrp>
        <DistributableAsAdjustedAmt>347370</DistributableAsAdjustedAmt>
        <ExcessDistributionCyovYr1Amt>119434</ExcessDistributionCyovYr1Amt>
        <TotalExcessDistributionCyovAmt>119434</TotalExcessDistributionCyovAmt>
        <QualifyingDistributionsAmt>333581</QualifyingDistributionsAmt>
        <AppliedToCurrentYearAmt>333581</AppliedToCurrentYearAmt>
        <ExcessDistriCyovAppCYCorpusAmt>13789</ExcessDistriCyovAppCYCorpusAmt>
        <ExcessDistributionCyovAppCYAmt>13789</ExcessDistributionCyovAppCYAmt>
        <TotalCorpusAmt>105645</TotalCorpusAmt>
        <UndistributedIncomeCYAmt>0</UndistributedIncomeCYAmt>
        <ExcessDistriCyovToNextYrAmt>105645</ExcessDistriCyovToNextYrAmt>
        <ExcessFromYear1Amt>105645</ExcessFromYear1Amt>
      </UndistributedIncomeGrp>
      <SupplementaryInformationGrp>
        <OnlyContriToPreselectedInd>X</OnlyContriToPreselectedInd>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>ARROWHEAD CHORALE</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>506 W MICHIGAN ST</AddressLine1Txt>
            <CityNm>DULUTH</CityNm>
            <StateAbbreviationCd>MN</StateAbbreviationCd>
            <ZIPCd>55802</ZIPCd>
          </RecipientUSAddress>
          <GrantOrContributionPurposeTxt>COVID RESPONSE GRANT</GrantOrContributionPurposeTxt>
          <Amt>2000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>ARROWHEAD CHORALE</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>506 W MICHIGAN ST</AddressLine1Txt>
            <CityNm>DULUTH</CityNm>
            <StateAbbreviationCd>MN</StateAbbreviationCd>
            <ZIPCd>55802</ZIPCd>
          </RecipientUSAddress>
          <GrantOrContributionPurposeTxt>DEC 2020 HOLIDAY CONCERTS RECORDING</GrantOrContributionPurposeTxt>
          <Amt>5000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>DULUTH ART INSTITUTE</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>506 W MICHIGAN ST</AddressLine1Txt>
            <CityNm>DULUTH</CityNm>
            <StateAbbreviationCd>MN</StateAbbreviationCd>
            <ZIPCd>55802</ZIPCd>
          </RecipientUSAddress>
          <GrantOrContributionPurposeTxt>PROGRAMMTIC</GrantOrContributionPurposeTxt>
          <Amt>3159</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>DULUTH ART INSTITUTE</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>506 W MICHIGAN ST</AddressLine1Txt>
            <CityNm>DULUTH</CityNm>
            <StateAbbreviationCd>MN</StateAbbreviationCd>
            <ZIPCd>55802</ZIPCd>
          </RecipientUSAddress>
          <GrantOrContributionPurposeTxt>ARTIST STIPENDS &amp; GALLERY SUPPLIES</GrantOrContributionPurposeTxt>
          <Amt>10625</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>DULUTH PLAYHOUSE</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>211 E SUPERIOR ST</AddressLine1Txt>
            <CityNm>DULUTH</CityNm>
            <StateAbbreviationCd>MN</StateAbbreviationCd>
            <ZIPCd>55802</ZIPCd>
          </RecipientUSAddress>
          <GrantOrContributionPurposeTxt>FAMILY THEATRE PRODUCTIONS</GrantOrContributionPurposeTxt>
          <Amt>31500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>DULUTH PLAYHOUSE</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>211 E SUPERIOR ST</AddressLine1Txt>
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        <StockNm>TRANSDIGM GROUP INC</StockNm>
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      <InvestmentsCorporateStockGrp>
        <StockNm>TRIMBLE INC</StockNm>
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        <EOYFMVAmt>17593</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>ULTA BEAUTY INC</StockNm>
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      <InvestmentsCorporateStockGrp>
        <StockNm>VERTEX PHARMACEUTICALS INC</StockNm>
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      <InvestmentsCorporateStockGrp>
        <StockNm>VISA INC</StockNm>
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      <InvestmentsCorporateStockGrp>
        <StockNm>XPO LOGISTICS INC</StockNm>
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        <EOYFMVAmt>20144</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>ZENDESK INC</StockNm>
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        <EOYFMVAmt>22084</EOYFMVAmt>
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        <CategoryOrItemTxt>AMERICAN EUROPACIFIC GROWTH FD</CategoryOrItemTxt>
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      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>AQR MANAGED FUTURE STRATEGY FD</CategoryOrItemTxt>
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        <CategoryOrItemTxt>ARBITRAGE FUND</CategoryOrItemTxt>
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        <CategoryOrItemTxt>ARTISAN INTERNATIONAL FUND</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>FMV</ListedAtCostOrFMVCd>
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        <CategoryOrItemTxt>BLACKROCK GLOBAL LONG/SHORE CR FD</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>FMV</ListedAtCostOrFMVCd>
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        <CategoryOrItemTxt>BOSTON PTNRS LONG/SHORT RESEARCH</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>FMV</ListedAtCostOrFMVCd>
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      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>CRM SMALL CAP VALUE FUND</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>FMV</ListedAtCostOrFMVCd>
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      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>DODGE &amp; COX INTERNATIONAL STOCK FD</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>FMV</ListedAtCostOrFMVCd>
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        <EOYFMVAmt>473992</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>DRIEHAUS ACTIVE INCOME FD</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>FMV</ListedAtCostOrFMVCd>
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      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>EUROPACIFIC GROWTH FD CL F3</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>FMV</ListedAtCostOrFMVCd>
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      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>INVESCO OPPENHEIMER DEV MKTS FD</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>FMV</ListedAtCostOrFMVCd>
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        <EOYFMVAmt>468661</EOYFMVAmt>
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      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>ISHARES CORE TOTAL US AGG BOND EFT</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>FMV</ListedAtCostOrFMVCd>
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        <CategoryOrItemTxt>ISHARES RUSSELL 1000 VALUE ETF</CategoryOrItemTxt>
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      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>ISHARES RUSSELL 2000 EFT</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>FMV</ListedAtCostOrFMVCd>
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      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>ISHARES RUSSELL MIDCAP GROWTH</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>FMV</ListedAtCostOrFMVCd>
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      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>JP MORGAN MIDCAP VALUE FUND</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>FMV</ListedAtCostOrFMVCd>
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        <EOYFMVAmt>394473</EOYFMVAmt>
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      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>JPMORGAN HI YIELD FD</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>FMV</ListedAtCostOrFMVCd>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>PGIM HIGH YIELD FD CLASS Q</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>FMV</ListedAtCostOrFMVCd>
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        <EOYFMVAmt>315543</EOYFMVAmt>
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      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>PIMCO EMERGING MKTS LOCAL CURR &amp; BD</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>FMV</ListedAtCostOrFMVCd>
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        <EOYFMVAmt>239747</EOYFMVAmt>
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      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>PIMCO INTL BOND FD</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>FMV</ListedAtCostOrFMVCd>
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        <EOYFMVAmt>48593</EOYFMVAmt>
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      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>SPDR DJ WILSHIRE INTL REAL ESTATE</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>FMV</ListedAtCostOrFMVCd>
        <BookValueAmt>135864</BookValueAmt>
        <EOYFMVAmt>135864</EOYFMVAmt>
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      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>SPDR DOW JONES REIT ETF</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>FMV</ListedAtCostOrFMVCd>
        <BookValueAmt>138979</BookValueAmt>
        <EOYFMVAmt>138979</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>SPDR S&amp;P 500 ETF TRUST</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>FMV</ListedAtCostOrFMVCd>
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        <EOYFMVAmt>85612</EOYFMVAmt>
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      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>STONE HARBOR LOCAL MKT FD</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>FMV</ListedAtCostOrFMVCd>
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      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>TEMPLETON GLOBAL BOND FD</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>FMV</ListedAtCostOrFMVCd>
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        <CategoryOrItemTxt>THE MERGER FUND</CategoryOrItemTxt>
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        <CategoryOrItemTxt>VANGUARD FTSE EMERGING MKTS</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>FMV</ListedAtCostOrFMVCd>
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      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>VANGUARD REAL ESTATE ETF</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>FMV</ListedAtCostOrFMVCd>
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        <EOYFMVAmt>134872</EOYFMVAmt>
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      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>TRIBUTARY SMALL CO FD</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>FMV</ListedAtCostOrFMVCd>
        <BookValueAmt>231575</BookValueAmt>
        <EOYFMVAmt>231575</EOYFMVAmt>
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      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>DWS ENHANCED COMMODITY STRAT FD</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>FMV</ListedAtCostOrFMVCd>
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        <Desc>DEPOT MARKETING FD HELD IN TRUST</Desc>
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        <RevenueAndExpensesPerBooksAmt>141</RevenueAndExpensesPerBooksAmt>
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        <RevenueAndExpensesPerBooksAmt>2627</RevenueAndExpensesPerBooksAmt>
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        <RevenueAndExpensesPerBooksAmt>142</RevenueAndExpensesPerBooksAmt>
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        <Desc>DUES &amp; SUBSCRIPTIONS</Desc>
        <RevenueAndExpensesPerBooksAmt>1740</RevenueAndExpensesPerBooksAmt>
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        <Desc>FOREIGN TAX WITHHELD</Desc>
        <RevenueAndExpensesPerBooksAmt>121</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>121</NetInvestmentIncomeAmt>
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      <OtherExpensesScheduleGrp>
        <Desc>INSURANCE</Desc>
        <RevenueAndExpensesPerBooksAmt>2587</RevenueAndExpensesPerBooksAmt>
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      <OtherExpensesScheduleGrp>
        <Desc>MISCELLANEOUS</Desc>
        <RevenueAndExpensesPerBooksAmt>622</RevenueAndExpensesPerBooksAmt>
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      <OtherExpensesScheduleGrp>
        <Desc>OFFICE SUPPLIES</Desc>
        <RevenueAndExpensesPerBooksAmt>5088</RevenueAndExpensesPerBooksAmt>
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      <OtherExpensesScheduleGrp>
        <Desc>POSTAGE</Desc>
        <RevenueAndExpensesPerBooksAmt>2290</RevenueAndExpensesPerBooksAmt>
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        <Desc>RELOCATION EXPENSE</Desc>
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        <Desc>REPAIRS &amp; MAINTENANCE</Desc>
        <RevenueAndExpensesPerBooksAmt>322</RevenueAndExpensesPerBooksAmt>
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      <OtherExpensesScheduleGrp>
        <Desc>STORAGE UNIT</Desc>
        <RevenueAndExpensesPerBooksAmt>859</RevenueAndExpensesPerBooksAmt>
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      <OtherExpensesScheduleGrp>
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        <RevenueAndExpensesPerBooksAmt>459</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>46</DisbursementsCharitablePrpsAmt>
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      <OtherExpensesScheduleGrp>
        <Desc>WEBSITE</Desc>
        <RevenueAndExpensesPerBooksAmt>3063</RevenueAndExpensesPerBooksAmt>
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        <Desc>WEB ADVERTISING</Desc>
        <RevenueAndExpensesPerBooksAmt>5663</RevenueAndExpensesPerBooksAmt>
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        <RevenueAndExpensesPerBooksAmt>975</RevenueAndExpensesPerBooksAmt>
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        <RevenueAndExpensesPerBooksAmt>200</RevenueAndExpensesPerBooksAmt>
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        <Desc>UNREALIZED GAIN ON INVESTMENT SECURITIES</Desc>
        <Amt>1627985</Amt>
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        <Desc>DEPOT MARKETING FD TRUST ACCT</Desc>
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        <EOYBookValueAmt>22371</EOYBookValueAmt>
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        <NetInvestmentIncomeAmt>30500</NetInvestmentIncomeAmt>
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      <OtherProfessionalFeesDetail>
        <CategoryTxt>HR CONSULTING</CategoryTxt>
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        <USAddress>
          <AddressLine1Txt>C/O MUIRHEAD GAYLOR STEVES</AddressLine1Txt>
          <AddressLine2Txt>901 RIDGEWOOD AVE</AddressLine2Txt>
          <CityNm>VENICE</CityNm>
          <StateAbbreviationCd>FL</StateAbbreviationCd>
          <ZIPCd>34285</ZIPCd>
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</Return>
