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            <StateAbbreviationCd>MN</StateAbbreviationCd>
            <ZIPCd>55407</ZIPCd>
          </USAddress>
          <TitleTxt>PORTFOLIO MANAGER</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>40.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>82509</CompensationAmt>
          <EmployeeBenefitsAmt>6267</EmployeeBenefitsAmt>
          <ExpenseAccountAmt>0</ExpenseAccountAmt>
        </CompensationHighestPaidEmplGrp>
        <OtherEmployeePaidOver50kCnt>0</OtherEmployeePaidOver50kCnt>
        <CompensationOfHghstPdCntrctGrp>
          <BusinessName>
            <BusinessNameLine1Txt>UBS FINANCIAL SERVICES INC</BusinessNameLine1Txt>
          </BusinessName>
          <USAddress>
            <AddressLine1Txt>80 SOUTH 8TH STREET 29TH FLOOR</AddressLine1Txt>
            <CityNm>MINNEAPOLIS</CityNm>
            <StateAbbreviationCd>MN</StateAbbreviationCd>
            <ZIPCd>55402</ZIPCd>
          </USAddress>
          <ServiceTypeTxt>INVESTMENT MANAGEMENT</ServiceTypeTxt>
          <CompensationAmt>161043</CompensationAmt>
        </CompensationOfHghstPdCntrctGrp>
        <ContractorPaidOver50kCnt>0</ContractorPaidOver50kCnt>
      </OfficerDirTrstKeyEmplInfoGrp>
      <SumOfProgramRelatedInvstGrp>
        <Description1Txt>GREATER MINNESOTA HOUSING FUND</Description1Txt>
        <Expenses1Amt>250000</Expenses1Amt>
        <TotalAmt>250000</TotalAmt>
      </SumOfProgramRelatedInvstGrp>
      <MinimumInvestmentReturnGrp>
        <AverageMonthlyFMVOfSecAmt>45120633</AverageMonthlyFMVOfSecAmt>
        <AverageMonthlyCashBalancesAmt>307099</AverageMonthlyCashBalancesAmt>
        <FMVAllOtherNoncharitableAstAmt>0</FMVAllOtherNoncharitableAstAmt>
        <TotalFMVOfUnusedAssetsAmt>45427732</TotalFMVOfUnusedAssetsAmt>
        <ReductionClaimedAmt>0</ReductionClaimedAmt>
        <AcquisitionIndebtednessAmt>0</AcquisitionIndebtednessAmt>
        <AdjustedTotalFMVOfUnusedAstAmt>45427732</AdjustedTotalFMVOfUnusedAstAmt>
        <CashDeemedCharitableAmt>681416</CashDeemedCharitableAmt>
        <NetVlNoncharitableAssetsAmt>44746316</NetVlNoncharitableAssetsAmt>
        <MinimumInvestmentReturnAmt>2237316</MinimumInvestmentReturnAmt>
      </MinimumInvestmentReturnGrp>
      <DistributableAmountGrp>
        <MinimumInvestmentReturnAmt>2237316</MinimumInvestmentReturnAmt>
        <TaxBasedOnInvestmentIncomeAmt>9336</TaxBasedOnInvestmentIncomeAmt>
        <IncomeTaxAmt>70229</IncomeTaxAmt>
        <TotalTaxAmt>79565</TotalTaxAmt>
        <DistributableBeforeAdjAmt>2157751</DistributableBeforeAdjAmt>
        <RecoveriesQualfiedDistriAmt>0</RecoveriesQualfiedDistriAmt>
        <DistributableBeforeDedAmt>2157751</DistributableBeforeDedAmt>
        <DeductionFromDistributableAmt>0</DeductionFromDistributableAmt>
        <DistributableAsAdjustedAmt>2157751</DistributableAsAdjustedAmt>
      </DistributableAmountGrp>
      <PFQualifyingDistributionsGrp>
        <ExpensesAndContributionsAmt>4013682</ExpensesAndContributionsAmt>
        <ProgramRelatedInvstTotalAmt>250000</ProgramRelatedInvstTotalAmt>
        <QualifyingDistributionsAmt>4263682</QualifyingDistributionsAmt>
      </PFQualifyingDistributionsGrp>
      <UndistributedIncomeGrp>
        <DistributableAsAdjustedAmt>2157751</DistributableAsAdjustedAmt>
        <UndistributedIncomePYAmt>0</UndistributedIncomePYAmt>
        <TotalForPriorYearsAmt>0</TotalForPriorYearsAmt>
        <ExcessDistributionCyovYr4Amt>2533676</ExcessDistributionCyovYr4Amt>
        <ExcessDistributionCyovYr3Amt>1043618</ExcessDistributionCyovYr3Amt>
        <ExcessDistributionCyovYr2Amt>1797477</ExcessDistributionCyovYr2Amt>
        <ExcessDistributionCyovYr1Amt>3288232</ExcessDistributionCyovYr1Amt>
        <TotalExcessDistributionCyovAmt>8663003</TotalExcessDistributionCyovAmt>
        <QualifyingDistributionsAmt>4263682</QualifyingDistributionsAmt>
        <AppliedToYear1Amt>0</AppliedToYear1Amt>
        <AppliedToPriorYearsAmt>0</AppliedToPriorYearsAmt>
        <TreatedAsDistriFromCorpusAmt>0</TreatedAsDistriFromCorpusAmt>
        <AppliedToCurrentYearAmt>2157751</AppliedToCurrentYearAmt>
        <RemainingDistriFromCorpusAmt>2105931</RemainingDistriFromCorpusAmt>
        <ExcessDistriCyovAppCYCorpusAmt>0</ExcessDistriCyovAppCYCorpusAmt>
        <ExcessDistributionCyovAppCYAmt>0</ExcessDistributionCyovAppCYAmt>
        <TotalCorpusAmt>10768934</TotalCorpusAmt>
        <PriorYearUndistributedIncmAmt>0</PriorYearUndistributedIncmAmt>
        <PriorYearDeficiencyOrTaxAmt>0</PriorYearDeficiencyOrTaxAmt>
        <Taxable1Amt>0</Taxable1Amt>
        <Taxable2Amt>0</Taxable2Amt>
        <UndistributedIncomeCYAmt>0</UndistributedIncomeCYAmt>
        <CorpusDistri170b1EOr4942g3Amt>0</CorpusDistri170b1EOr4942g3Amt>
        <ExcessDistriCyovFromYr5Amt>0</ExcessDistriCyovFromYr5Amt>
        <ExcessDistriCyovToNextYrAmt>10768934</ExcessDistriCyovToNextYrAmt>
        <ExcessFromYear4Amt>2533676</ExcessFromYear4Amt>
        <ExcessFromYear3Amt>1043618</ExcessFromYear3Amt>
        <ExcessFromYear2Amt>1797477</ExcessFromYear2Amt>
        <ExcessFromYear1Amt>3288232</ExcessFromYear1Amt>
        <ExcessFromCurrentYearAmt>2105931</ExcessFromCurrentYearAmt>
      </UndistributedIncomeGrp>
      <SupplementaryInformationGrp>
        <ContributingManagerNm>JOHN E GRAVES</ContributingManagerNm>
        <ApplicationSubmissionInfoGrp>
          <RecipientPersonNm>LETTER OF INTENT ACCEPTED BY E-MAIL</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>2929 CHICAGO AVENUE SOUTH SUITE 100</AddressLine1Txt>
            <CityNm>MINNEAPOLIS</CityNm>
            <StateAbbreviationCd>MN</StateAbbreviationCd>
            <ZIPCd>55407</ZIPCd>
          </RecipientUSAddress>
          <RecipientPhoneNum>6123899820</RecipientPhoneNum>
          <RecipientEmailAddressTxt>INFO@JDGRAVESFOUNDATION.ORG</RecipientEmailAddressTxt>
          <FormAndInfoAndMaterialsTxt>UNSOLICITED LETTERS OF INTEREST THAT ARE SUBMITTED FOLLOWING OUR GUIDELINES WILL BE READ AS THE FOUNDATION STAFF IS ABLE. PROPOSALS SELECTED BY FOUNDATION STAFF FOR APPROVAL WILL BE REVIEWED AT SUBSEQUENT BOARD MEETINGS.</FormAndInfoAndMaterialsTxt>
          <SubmissionDeadlinesTxt>NONE/OPEN APPLICATION PROCESS</SubmissionDeadlinesTxt>
          <RestrictionsOnAwardsTxt>JOHN AND DENISE GRAVES FOUNDATION FUNDS FALL INTO THREE CATEGORIES: 1. EDUCATION - K-12 FOCUSED ORGANIZATIONS, SCHOOLS, AND SCHOOL SYSTEMS ON A PATH TO CREATING STRONG, STABLE, WELL-GOVERNED SCHOOLS AND SCHOOL SYSTEMS, AND MAKING POSITIVE CHANGES. 2. YOUTH POWER BUILDING - ORGANIZATIONS THAT PROVIDE SUPPORT, LEADERSHIP DEVELOPMENT, AND HOLISTIC MENTORSHIP TO UNDERSERVED YOUTH AS THEY LEAVE THE K-12 SYSTEM AND BEGIN THEIR JOURNEY TO ADULTHOOD, AND THOSE THAT WORK TOWARDS BETTERING YOUTH-INVOLVED SYSTEMS AND ENTITLEMENTS. 3. COMMUNITY ORGANIZATIONS THAT WORK TO MAINTAIN THE CULTURAL VIBRANCE AND DIVERSITY OF EAST LAKE STREET. JOHN AND DENISE GRAVES FOUNDATION DOES NOT FUND GRANTS TO INDIVIDUALS; FOR SACRAMENTAL OR THEOLOGICAL FUNCTIONS OF RELIGIOUS ORGANIZATIONS; FOR ANNUAL FUNDRAISING EVENTS; TO ENDOWMENTS; FOR PROPAGANDIZING, INFLUENCING LEGISLATION, AND/OR ELECTIONS, PROMOTING VOTER REGISTRATION, FOR POLITICAL CANDIDATES, POLITICAL CAMPAIGNS, OR FOR LITIGATION.</RestrictionsOnAwardsTxt>
        </ApplicationSubmissionInfoGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>ABOVE THE RIM YOUTH SPORTS FOUNDATION</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>1500 MORGAN AVE NORTH</AddressLine1Txt>
            <CityNm>MINNEAPOLIS</CityNm>
            <StateAbbreviationCd>MN</StateAbbreviationCd>
            <ZIPCd>55411</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>YOUTH DEVELOPMENT</GrantOrContributionPurposeTxt>
          <Amt>40000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>ACCESS PHILANTHROPY CHARITIES</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>2100 STEVENS AVENUE</AddressLine1Txt>
            <CityNm>MINNEAPOLIS</CityNm>
            <StateAbbreviationCd>MN</StateAbbreviationCd>
            <ZIPCd>55404</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>EDUCATION</GrantOrContributionPurposeTxt>
          <Amt>40000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>ACHIEVE TWIN CITIES</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>404 SOUTH 8TH STREET SUITE 105</AddressLine1Txt>
            <CityNm>MINNEAPOLIS</CityNm>
            <StateAbbreviationCd>MN</StateAbbreviationCd>
            <ZIPCd>55404</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>DISCRETIONARY</GrantOrContributionPurposeTxt>
          <Amt>83316</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>ADVANCING EQUITY COALITION</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>2929 CHICAGO AVE SOUTH SUITE 100</AddressLine1Txt>
            <CityNm>MINNEAPOLIS</CityNm>
            <StateAbbreviationCd>MN</StateAbbreviationCd>
            <ZIPCd>55407</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>EDUCATION</GrantOrContributionPurposeTxt>
          <Amt>20000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>AL-MAA'UUN</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>1729 LYNDALE AVE N</AddressLine1Txt>
            <CityNm>MINNEAPOLIS</CityNm>
            <StateAbbreviationCd>MN</StateAbbreviationCd>
            <ZIPCd>55411</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>EDUCATION</GrantOrContributionPurposeTxt>
          <Amt>30000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>BEACON INTERFAITH HOUSING COLLABORATIVE</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>2610 UNIVERSITY AVENUE WEST SUITE</AddressLine1Txt>
            <AddressLine2Txt>100</AddressLine2Txt>
            <CityNm>SAINT PAUL</CityNm>
            <StateAbbreviationCd>MN</StateAbbreviationCd>
            <ZIPCd>55114</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>HOUSING</GrantOrContributionPurposeTxt>
          <Amt>35000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>BENILDE-ST MARGARET'S SCHOOL</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>2501 HIGHWAY 100 SOUTH</AddressLine1Txt>
            <CityNm>ST LOUIS PARK</CityNm>
            <StateAbbreviationCd>MN</StateAbbreviationCd>
            <ZIPCd>55416</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>NC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>DISCRETIONARY</GrantOrContributionPurposeTxt>
          <Amt>34700</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>BRIDGE TO BASICS</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>18353 HEATHCOTE LANE</AddressLine1Txt>
            <CityNm>WAYZATA</CityNm>
            <StateAbbreviationCd>MN</StateAbbreviationCd>
            <ZIPCd>55391</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>DISCRETIONARY</GrantOrContributionPurposeTxt>
          <Amt>11250</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>BRIDGEMAKERS</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>370 WABASHA STREET NORTH</AddressLine1Txt>
            <CityNm>SAINT PAUL</CityNm>
            <StateAbbreviationCd>MN</StateAbbreviationCd>
            <ZIPCd>55102</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>YOUTH DEVELOPMENT</GrantOrContributionPurposeTxt>
          <Amt>40000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>CAMINO</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>1112 EAST LAKE ST 1B</AddressLine1Txt>
            <CityNm>MINNEAPOLIS</CityNm>
            <StateAbbreviationCd>MN</StateAbbreviationCd>
            <ZIPCd>55408</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>DISCRETIONARY</GrantOrContributionPurposeTxt>
          <Amt>12000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>CATHOLIC CHARITIES TWIN CITIES</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>1007 EAST 14TH STREET</AddressLine1Txt>
            <CityNm>MINNEAPOLIS</CityNm>
            <StateAbbreviationCd>MN</StateAbbreviationCd>
            <ZIPCd>55404</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>YOUTH DEVELOPMENT</GrantOrContributionPurposeTxt>
          <Amt>50000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>CENTRO GUADALUPANO</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>2211 CLINTON AVE</AddressLine1Txt>
            <CityNm>MINNEAPOLIS</CityNm>
            <StateAbbreviationCd>MN</StateAbbreviationCd>
            <ZIPCd>55404</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>DISCRETIONARY</GrantOrContributionPurposeTxt>
          <Amt>5000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>CHARTERSOURCE</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>7595 CURRELL BLVD</AddressLine1Txt>
            <CityNm>WOODBURY</CityNm>
            <StateAbbreviationCd>MN</StateAbbreviationCd>
            <ZIPCd>55125</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>EDUCATION</GrantOrContributionPurposeTxt>
          <Amt>40000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>CIRCLE OF DISCIPLINE</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>801 SE 9TH STREET</AddressLine1Txt>
            <CityNm>MINNEAPOLIS</CityNm>
            <StateAbbreviationCd>MN</StateAbbreviationCd>
            <ZIPCd>55407</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>YOUTH DEVELOPMENT</GrantOrContributionPurposeTxt>
          <Amt>40000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>CLOSEKNIT</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>1007 WEST BROADWAY AVE</AddressLine1Txt>
            <CityNm>MINNEAPOLIS</CityNm>
            <StateAbbreviationCd>MN</StateAbbreviationCd>
            <ZIPCd>55411</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>DISCRETIONARY</GrantOrContributionPurposeTxt>
          <Amt>3000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>CLOSEKNIT</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>1007 WEST BROADWAY AVE</AddressLine1Txt>
            <CityNm>MINNEAPOLIS</CityNm>
            <StateAbbreviationCd>MN</StateAbbreviationCd>
            <ZIPCd>55411</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>DISCRETIONARY</GrantOrContributionPurposeTxt>
          <Amt>40000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>COLECTIVA BILINGUE</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>1421 SPRUCE AVE</AddressLine1Txt>
            <CityNm>MINNEAPOLIS</CityNm>
            <StateAbbreviationCd>MN</StateAbbreviationCd>
            <ZIPCd>55403</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>EDUCATION</GrantOrContributionPurposeTxt>
          <Amt>30000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>CONNECTIONS TO INDEPENDENCE</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>310 E 38TH STREET SUITE 300</AddressLine1Txt>
            <CityNm>MINNEAPOLIS</CityNm>
            <StateAbbreviationCd>MN</StateAbbreviationCd>
            <ZIPCd>55409</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>YOUTH DEVELOPMENT</GrantOrContributionPurposeTxt>
          <Amt>30000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>ED ALLIES</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>1621 E HENNEPIN AVENUE SUITE 295</AddressLine1Txt>
            <CityNm>MINNEAPOLIS</CityNm>
            <StateAbbreviationCd>MN</StateAbbreviationCd>
            <ZIPCd>55414</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>EDUCATION</GrantOrContributionPurposeTxt>
          <Amt>50000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>ED ALLIES</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>1621 E HENNEPIN AVENUE SUITE 295</AddressLine1Txt>
            <CityNm>MINNEAPOLIS</CityNm>
            <StateAbbreviationCd>MN</StateAbbreviationCd>
            <ZIPCd>55414</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>EDUCATION</GrantOrContributionPurposeTxt>
          <Amt>20000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>EDUCATION EVOLVING</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>2429 NICOLLET AVE</AddressLine1Txt>
            <CityNm>MINNEAPOLIS</CityNm>
            <StateAbbreviationCd>MN</StateAbbreviationCd>
            <ZIPCd>55404</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>EDUCATION</GrantOrContributionPurposeTxt>
          <Amt>50000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>EDUCATORS 4 EXCELLENCE</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>25 BROADWAY 12TH FLOOR</AddressLine1Txt>
            <CityNm>NEW YORK</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>10004</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>EDUCATION</GrantOrContributionPurposeTxt>
          <Amt>50000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>EDUCATORS 4 EXCELLENCE</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>25 BROADWAY 12TH FLOOR</AddressLine1Txt>
            <CityNm>NEW YORK</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>10004</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>DISCRETIONARY</GrantOrContributionPurposeTxt>
          <Amt>5000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>FOSTER ADVOCATES</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>2550 UNIVERSITY AVE WEST 200N</AddressLine1Txt>
            <CityNm>SAINT PAUL</CityNm>
            <StateAbbreviationCd>MN</StateAbbreviationCd>
            <ZIPCd>55114</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>NC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>DISCRETIONARY</GrantOrContributionPurposeTxt>
          <Amt>516</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>FOSTER ADVOCATES</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>2550 UNIVERSITY AVENUE WEST SUITE</AddressLine1Txt>
            <AddressLine2Txt>200N</AddressLine2Txt>
            <CityNm>SAINT PAUL</CityNm>
            <StateAbbreviationCd>MN</StateAbbreviationCd>
            <ZIPCd>55114</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>YOUTH DEVELOPMENT</GrantOrContributionPurposeTxt>
          <Amt>50000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>FOSTER ADVOCATES</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>2550 UNIVERSITY AVENUE WEST SUITE</AddressLine1Txt>
            <AddressLine2Txt>200N</AddressLine2Txt>
            <CityNm>SAINT PAUL</CityNm>
            <StateAbbreviationCd>MN</StateAbbreviationCd>
            <ZIPCd>55114</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>YOUTH DEVELOPMENT</GrantOrContributionPurposeTxt>
          <Amt>50000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>FOSTER ADVOCATES</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>2550 UNIVERSITY AVENUE WEST SUITE</AddressLine1Txt>
            <AddressLine2Txt>200N</AddressLine2Txt>
            <CityNm>SAINT PAUL</CityNm>
            <StateAbbreviationCd>MN</StateAbbreviationCd>
            <ZIPCd>55114</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>YOUTH DEVELOPMENT</GrantOrContributionPurposeTxt>
          <Amt>25000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>FRIENDS OF THE CHILDREN</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>323 N WASHINGTON AVE 200</AddressLine1Txt>
            <CityNm>MINNEAPOLIS</CityNm>
            <StateAbbreviationCd>MN</StateAbbreviationCd>
            <ZIPCd>55401</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>DISCRETIONARY</GrantOrContributionPurposeTxt>
          <Amt>1000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>FRIENDS OF THE GLOBAL MARKET</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>920 EAST LAKE ST G10</AddressLine1Txt>
            <CityNm>MINNEAPOLIS</CityNm>
            <StateAbbreviationCd>MN</StateAbbreviationCd>
            <ZIPCd>55407</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>DISCRETIONARY</GrantOrContributionPurposeTxt>
          <Amt>10000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>FRIENDS OF THE HENNEPIN COUNTY LIBRARY</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>300 NICOLLET MALL</AddressLine1Txt>
            <CityNm>MINNEAPOLIS</CityNm>
            <StateAbbreviationCd>MN</StateAbbreviationCd>
            <ZIPCd>55401</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>YOUTH DEVELOPMENT</GrantOrContributionPurposeTxt>
          <Amt>40000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>FRIENDSHIP ACADEMY OF THE ARTS</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>2600 EAST 38TH STREET</AddressLine1Txt>
            <CityNm>MINNEAPOLIS</CityNm>
            <StateAbbreviationCd>MN</StateAbbreviationCd>
            <ZIPCd>55406</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>EDUCATION</GrantOrContributionPurposeTxt>
          <Amt>50000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>GREAT MN SCHOOLS</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>729 NORTH WASHINGTON AVENUE SUITE</AddressLine1Txt>
            <AddressLine2Txt>600</AddressLine2Txt>
            <CityNm>MINNEAPOLIS</CityNm>
            <StateAbbreviationCd>MN</StateAbbreviationCd>
            <ZIPCd>55401</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>EDUCATION</GrantOrContributionPurposeTxt>
          <Amt>75000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>GREAT MN SCHOOLS</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>729 NORTH WASHINGTON AVENUE SUITE</AddressLine1Txt>
            <AddressLine2Txt>600</AddressLine2Txt>
            <CityNm>MINNEAPOLIS</CityNm>
            <StateAbbreviationCd>MN</StateAbbreviationCd>
            <ZIPCd>55401</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>EDUCATION</GrantOrContributionPurposeTxt>
          <Amt>20000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>HEAL PALESTINE</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>PO BOX 453</AddressLine1Txt>
            <CityNm>KENT</CityNm>
            <StateAbbreviationCd>OH</StateAbbreviationCd>
            <ZIPCd>44240</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>DISCRETIONARY</GrantOrContributionPurposeTxt>
          <Amt>2000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>HENNEPIN HEALTHCARE FOUNDATION</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>701 PARK AVENUE S8</AddressLine1Txt>
            <CityNm>MINNEAPOLIS</CityNm>
            <StateAbbreviationCd>MN</StateAbbreviationCd>
            <ZIPCd>55118</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>YOUTH DEVELOPMENT</GrantOrContributionPurposeTxt>
          <Amt>35000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>HERITAGE YOUTH SPORTS FOUNDATION</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>5233 FREMONT AVE NORTH</AddressLine1Txt>
            <CityNm>MINNEAPOLIS</CityNm>
            <StateAbbreviationCd>MN</StateAbbreviationCd>
            <ZIPCd>55430</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>YOUTH DEVELOPMENT</GrantOrContributionPurposeTxt>
          <Amt>35000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>HIAWATHA ACADEMIES</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>2306 LOWRY AVENUE NORTH UNIT 11291</AddressLine1Txt>
            <CityNm>MINNEAPOLIS</CityNm>
            <StateAbbreviationCd>MN</StateAbbreviationCd>
            <ZIPCd>55411</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>DISCRETIONARY</GrantOrContributionPurposeTxt>
          <Amt>5000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>HIAWATHA ACADEMIES</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>3500 EAST 28TH STREET</AddressLine1Txt>
            <CityNm>MINNEAPOLIS</CityNm>
            <StateAbbreviationCd>MN</StateAbbreviationCd>
            <ZIPCd>55406</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>DISCRETIONARY</GrantOrContributionPurposeTxt>
          <Amt>4000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>HOPE ACADEMY</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>710 EAST 24TH STREET</AddressLine1Txt>
            <CityNm>MINNEAPOLIS</CityNm>
            <StateAbbreviationCd>MN</StateAbbreviationCd>
            <ZIPCd>55404</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>EDUCATION</GrantOrContributionPurposeTxt>
          <Amt>45000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>IMPROVE YOUR TOMORROW</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>1901 ROYAL OAKS DRIVE</AddressLine1Txt>
            <CityNm>SACRAMENTO</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>95815</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>EDUCATION</GrantOrContributionPurposeTxt>
          <Amt>50000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>LAKE STREET COUNCIL</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>2925 CHICAGO AVE SOUTH SUITE 190</AddressLine1Txt>
            <CityNm>MINNEAPOLIS</CityNm>
            <StateAbbreviationCd>MN</StateAbbreviationCd>
            <ZIPCd>55407</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>COMMUNITY DEVELOPMENT</GrantOrContributionPurposeTxt>
          <Amt>2500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>LATINO YOUTH DEVELOPMENT COLLABORATIVE</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>5247 GIRARD AVENUE SOUTH</AddressLine1Txt>
            <CityNm>MINNEAPOLIS</CityNm>
            <StateAbbreviationCd>MN</StateAbbreviationCd>
            <ZIPCd>55419</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>EDUCATION</GrantOrContributionPurposeTxt>
          <Amt>20000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>LEGAL RIGHTS CENTER</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>1611 PARK AVE</AddressLine1Txt>
            <CityNm>MINNEAPOLIS</CityNm>
            <StateAbbreviationCd>MN</StateAbbreviationCd>
            <ZIPCd>55404</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>EDUCATION</GrantOrContributionPurposeTxt>
          <Amt>40000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>MIGIZI</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>1845 EAST LAKE STREET</AddressLine1Txt>
            <CityNm>MINNEAPOLIS</CityNm>
            <StateAbbreviationCd>MN</StateAbbreviationCd>
            <ZIPCd>55407</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>YOUTH DEVELOPMENT</GrantOrContributionPurposeTxt>
          <Amt>40000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>MINNESOTA ALLIANCE WITH YOUTH</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>2550 UNIVERSITY AVE WEST 200N</AddressLine1Txt>
            <CityNm>SAINT PAUL</CityNm>
            <StateAbbreviationCd>MN</StateAbbreviationCd>
            <ZIPCd>55114</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>EDUCATION</GrantOrContributionPurposeTxt>
          <Amt>40000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>MINNESOTA ASSOCIATION OF CHARTER SCHOOL AUTHORIZERS (MACSA)</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>1730 NEW BRIGHTON BOULEVARD STE 104</AddressLine1Txt>
            <AddressLine2Txt>PMB 149</AddressLine2Txt>
            <CityNm>MINNEAPOLIS</CityNm>
            <StateAbbreviationCd>MN</StateAbbreviationCd>
            <ZIPCd>55418</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>EDUCATION</GrantOrContributionPurposeTxt>
          <Amt>15000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>MINZA</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>2446 UNIVERSITY AVENUE W SUITE 115</AddressLine1Txt>
            <CityNm>SAINT PAUL</CityNm>
            <StateAbbreviationCd>MN</StateAbbreviationCd>
            <ZIPCd>55114</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>DISCRETIONARY</GrantOrContributionPurposeTxt>
          <Amt>1000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>NATIONAL PARENTS UNION INC</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>7 MARION AVE</AddressLine1Txt>
            <CityNm>WOBURN</CityNm>
            <StateAbbreviationCd>AL</StateAbbreviationCd>
            <ZIPCd>01801</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>EDUCATION</GrantOrContributionPurposeTxt>
          <Amt>30000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>NORMANDALE COMMUNITY COLLEGE FOUNDATION</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>9700 FRANCE AVE SOUTH</AddressLine1Txt>
            <CityNm>BLOOMINGTON</CityNm>
            <StateAbbreviationCd>MN</StateAbbreviationCd>
            <ZIPCd>55431</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>EDUCATION</GrantOrContributionPurposeTxt>
          <Amt>50000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>OPEN EYE THEATRE</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>506 EAST 24TH STREET</AddressLine1Txt>
            <CityNm>MINNEAPOLIS</CityNm>
            <StateAbbreviationCd>MN</StateAbbreviationCd>
            <ZIPCd>55404</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>DISCRETIONARY</GrantOrContributionPurposeTxt>
          <Amt>4353</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>PARTNERSHIPS FOR PERMANENCE</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>445 MINNESOTA ST SUITE 1500</AddressLine1Txt>
            <CityNm>SAINT PAUL</CityNm>
            <StateAbbreviationCd>MN</StateAbbreviationCd>
            <ZIPCd>55101</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>DISCRETIONARY</GrantOrContributionPurposeTxt>
          <Amt>2500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>PEOPLE SERVING PEOPLE</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>614 3RD STREET SOUTH</AddressLine1Txt>
            <CityNm>MINNEAPOLIS</CityNm>
            <StateAbbreviationCd>MN</StateAbbreviationCd>
            <ZIPCd>55415</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>DISCRETIONARY</GrantOrContributionPurposeTxt>
          <Amt>5000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>PEOPLE SERVING PEOPLE</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>614 3RD STREET SOUTH</AddressLine1Txt>
            <CityNm>MINNEAPOLIS</CityNm>
            <StateAbbreviationCd>MN</StateAbbreviationCd>
            <ZIPCd>55415</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>DISCRETIONARY</GrantOrContributionPurposeTxt>
          <Amt>45000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>PERIS FOUNDATION</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>2929 CHICAGO AVE SOUTH SUITE 100</AddressLine1Txt>
            <CityNm>MINNEAPOLIS</CityNm>
            <StateAbbreviationCd>MN</StateAbbreviationCd>
            <ZIPCd>55407</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>DISCRETIONARY</GrantOrContributionPurposeTxt>
          <Amt>1000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>PERIS FOUNDATION</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>2929 CHICAGO AVE SOUTH SUITE 100</AddressLine1Txt>
            <CityNm>MINNEAPOLIS</CityNm>
            <StateAbbreviationCd>MN</StateAbbreviationCd>
            <ZIPCd>55407</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>DISCRETIONARY</GrantOrContributionPurposeTxt>
          <Amt>1500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>PERIS FOUNDATION</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>2929 CHICAGO AVE SOUTH SUITE 100</AddressLine1Txt>
            <CityNm>MINNEAPOLIS</CityNm>
            <StateAbbreviationCd>MN</StateAbbreviationCd>
            <ZIPCd>55407</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>HOUSING</GrantOrContributionPurposeTxt>
          <Amt>65000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>PILLSBURY UNITED COMMUNITIES</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>3650 FREMONT AVE N</AddressLine1Txt>
            <CityNm>MINNEAPOLIS</CityNm>
            <StateAbbreviationCd>MN</StateAbbreviationCd>
            <ZIPCd>55412</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>EDUCATION</GrantOrContributionPurposeTxt>
          <Amt>40000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>PILLSBURY UNITED COMMUNITIES</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>3650 FREMONT AVE N</AddressLine1Txt>
            <CityNm>MINNEAPOLIS</CityNm>
            <StateAbbreviationCd>MN</StateAbbreviationCd>
            <ZIPCd>55412</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>EDUCATION</GrantOrContributionPurposeTxt>
          <Amt>30000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>PILLSBURY UNITED COMMUNITIES</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>3650 FREMONT AVE N</AddressLine1Txt>
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            <StateAbbreviationCd>MN</StateAbbreviationCd>
            <ZIPCd>55412</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>EDUCATION</GrantOrContributionPurposeTxt>
          <Amt>40000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>POSITIVE IMAGE</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>1007 WEST BROADWAY AVE</AddressLine1Txt>
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            <StateAbbreviationCd>MN</StateAbbreviationCd>
            <ZIPCd>55445</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>YOUTH DEVELOPMENT</GrantOrContributionPurposeTxt>
          <Amt>30000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>PRESBYTERY OF MILWAUKEE</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>PO BOX 1857</AddressLine1Txt>
            <CityNm>WAUKESHA</CityNm>
            <StateAbbreviationCd>WI</StateAbbreviationCd>
            <ZIPCd>53187</ZIPCd>
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          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
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        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>PRINCETON EINSTEIN MUSEUM OF SCIENCE</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>C/O 26 SYCAMORE PLACE</AddressLine1Txt>
            <CityNm>PRINCETON</CityNm>
            <StateAbbreviationCd>NJ</StateAbbreviationCd>
            <ZIPCd>08540</ZIPCd>
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          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
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        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>PROJECT FOR PRIDE AND LIVING</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>1035 E FRANKLIN AVE</AddressLine1Txt>
            <CityNm>MINNEAPOLIS</CityNm>
            <StateAbbreviationCd>MN</StateAbbreviationCd>
            <ZIPCd>55404</ZIPCd>
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          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>YOUTH DEVELOPMENT</GrantOrContributionPurposeTxt>
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        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>PROPEL NONPROFITS</BusinessNameLine1Txt>
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          <RecipientUSAddress>
            <AddressLine1Txt>1 SE MAIN STREET SUITE 600</AddressLine1Txt>
            <CityNm>MINNEAPOLIS</CityNm>
            <StateAbbreviationCd>MN</StateAbbreviationCd>
            <ZIPCd>55414</ZIPCd>
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          <RecipientFoundationStatusTxt>NC</RecipientFoundationStatusTxt>
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        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>REBOUND INC</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>6120 EARLE BROWN DR SUITE 230</AddressLine1Txt>
            <CityNm>BROOKLYN CENTER</CityNm>
            <StateAbbreviationCd>MN</StateAbbreviationCd>
            <ZIPCd>55430</ZIPCd>
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          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>DISCRETIONARY</GrantOrContributionPurposeTxt>
          <Amt>5000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>RELENTLESS ACADEMY</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>5625 XERXES AVE NORTH SUITE C-1114</AddressLine1Txt>
            <CityNm>BROOKLYN CENTER</CityNm>
            <StateAbbreviationCd>MN</StateAbbreviationCd>
            <ZIPCd>55430</ZIPCd>
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          <RecipientFoundationStatusTxt>NC</RecipientFoundationStatusTxt>
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        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>SPELMAN COLLEGE</BusinessNameLine1Txt>
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          <RecipientUSAddress>
            <AddressLine1Txt>350 SPELMAN LANE SW BOX 343</AddressLine1Txt>
            <CityNm>ATLANTA</CityNm>
            <StateAbbreviationCd>GA</StateAbbreviationCd>
            <ZIPCd>30314</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>DISCRETIONARY</GrantOrContributionPurposeTxt>
          <Amt>2650</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>TEACH FOR AMERICA CHICAGO</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>PO BOX 411361 UPPER MIDWEST LOCKBOX</AddressLine1Txt>
            <CityNm>BOSTON</CityNm>
            <StateAbbreviationCd>MA</StateAbbreviationCd>
            <ZIPCd>02241</ZIPCd>
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          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>EDUCATION</GrantOrContributionPurposeTxt>
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        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>THE BEAUTYWELL PROJECT</BusinessNameLine1Txt>
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          <RecipientUSAddress>
            <AddressLine1Txt>1821 UNIVERSITY AVENUE WEST SUITE</AddressLine1Txt>
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        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
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          <RecipientUSAddress>
            <AddressLine1Txt>2290 ANCHOR DR 326</AddressLine1Txt>
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          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
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        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
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            <StateAbbreviationCd>MN</StateAbbreviationCd>
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          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
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        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>THREAD OUR PEOPLE INC</BusinessNameLine1Txt>
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            <AddressLine1Txt>5937 EMERSON AVE N</AddressLine1Txt>
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            <ZIPCd>55430</ZIPCd>
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          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
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        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>UNCOMMON CONSTRUCTION</BusinessNameLine1Txt>
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          <RecipientUSAddress>
            <AddressLine1Txt>6601 FRANKLIN AVE</AddressLine1Txt>
            <CityNm>NEW ORLEANS</CityNm>
            <StateAbbreviationCd>LA</StateAbbreviationCd>
            <ZIPCd>70119</ZIPCd>
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          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>YOUTH DEVELOPMENT</GrantOrContributionPurposeTxt>
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        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>UNIVERSITY OF MINNESOTA FOUNDATION</BusinessNameLine1Txt>
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          <RecipientUSAddress>
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            <StateAbbreviationCd>MN</StateAbbreviationCd>
            <ZIPCd>55455</ZIPCd>
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          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
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        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>VENN FOUNDATION</BusinessNameLine1Txt>
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            <AddressLine1Txt>1127 BARCLAY STREET</AddressLine1Txt>
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            <StateAbbreviationCd>MN</StateAbbreviationCd>
            <ZIPCd>55106</ZIPCd>
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          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
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          <Amt>150000</Amt>
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        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>WHY YOU INITIATIVE</BusinessNameLine1Txt>
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            <StateAbbreviationCd>MN</StateAbbreviationCd>
            <ZIPCd>55402</ZIPCd>
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          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
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        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>WILDFLYER COFFEE</BusinessNameLine1Txt>
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            <AddressLine1Txt>3262 MINNEHAHA AVE</AddressLine1Txt>
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            <StateAbbreviationCd>MN</StateAbbreviationCd>
            <ZIPCd>55406</ZIPCd>
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          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
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          <Amt>40000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>WIN BACK</BusinessNameLine1Txt>
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            <AddressLine1Txt>7194 159TH STREET WEST</AddressLine1Txt>
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            <ZIPCd>55124</ZIPCd>
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          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
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        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>WORLD CENTRAL KITCHEN DONATION</BusinessNameLine1Txt>
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            <StateAbbreviationCd>DC</StateAbbreviationCd>
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        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>YMCA OF THE NORTH</BusinessNameLine1Txt>
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          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
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        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>YOUTHPRISE</BusinessNameLine1Txt>
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        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
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          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
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            <BusinessNameLine1Txt>YOUTHPRISE</BusinessNameLine1Txt>
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      <TrnsfrTransRlnNonchrtblEOGrp>
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        <EOYFMVAmt>78154</EOYFMVAmt>
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      <InvestmentsCorporateBondsGrp>
        <BondNm>AMERICAN TOWER CORP B/E</BondNm>
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        <EOYFMVAmt>32427</EOYFMVAmt>
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      <InvestmentsCorporateBondsGrp>
        <BondNm>UNITED RENTALS NORTH AM 0BP</BondNm>
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      <InvestmentsCorporateBondsGrp>
        <BondNm>UNITED RENTALS NORTH AM</BondNm>
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        <EOYFMVAmt>87591</EOYFMVAmt>
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      <InvestmentsCorporateBondsGrp>
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      <InvestmentsCorporateBondsGrp>
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        <BondNm>OLIN CORP B/E</BondNm>
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        <EOYFMVAmt>92365</EOYFMVAmt>
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      <InvestmentsCorporateBondsGrp>
        <BondNm>TRIMBLE NAV LTD B/E</BondNm>
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        <BondNm>CROWN CASTLE INTL CORP</BondNm>
        <EOYBookValueAmt>50968</EOYBookValueAmt>
        <EOYFMVAmt>50968</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>IQVIA INC NTS B/E</BondNm>
        <EOYBookValueAmt>96156</EOYBookValueAmt>
        <EOYFMVAmt>96156</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>CROWN CASTLE INC NTS B/E</BondNm>
        <EOYBookValueAmt>30572</EOYBookValueAmt>
        <EOYFMVAmt>30572</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>VERIZON COMMUNICATIONS</BondNm>
        <EOYBookValueAmt>120642</EOYBookValueAmt>
        <EOYFMVAmt>120642</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>ORACLE CORP B/E 5BP</BondNm>
        <EOYBookValueAmt>113462</EOYBookValueAmt>
        <EOYFMVAmt>113462</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>ZIMMER BIOMET HOLDINGS</BondNm>
        <EOYBookValueAmt>112226</EOYBookValueAmt>
        <EOYFMVAmt>112226</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>ACCRUED INTEREST</BondNm>
        <EOYBookValueAmt>61190</EOYBookValueAmt>
        <EOYFMVAmt>61190</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>YUM! BRANDS INC B/E</BondNm>
        <EOYBookValueAmt>50360</EOYBookValueAmt>
        <EOYFMVAmt>50360</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>HCA INC NTS B/E</BondNm>
        <EOYBookValueAmt>116346</EOYBookValueAmt>
        <EOYFMVAmt>116346</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>HP INC B/E</BondNm>
        <EOYBookValueAmt>112411</EOYBookValueAmt>
        <EOYFMVAmt>112411</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>ALTRIA GROUP INC NTS B/E</BondNm>
        <EOYBookValueAmt>112674</EOYBookValueAmt>
        <EOYFMVAmt>112674</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>WILLIS GROUP N AMER B/E</BondNm>
        <EOYBookValueAmt>108974</EOYBookValueAmt>
        <EOYFMVAmt>108974</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>CONAGRA FOODS INC B/E</BondNm>
        <EOYBookValueAmt>28825</EOYBookValueAmt>
        <EOYFMVAmt>28825</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>GENUINE PARTS CO B/E</BondNm>
        <EOYBookValueAmt>13154</EOYBookValueAmt>
        <EOYFMVAmt>13154</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>CROWN CASTLE INC B/E</BondNm>
        <EOYBookValueAmt>17547</EOYBookValueAmt>
        <EOYFMVAmt>17547</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>WABTEC B/E</BondNm>
        <EOYBookValueAmt>83185</EOYBookValueAmt>
        <EOYFMVAmt>83185</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>ALLEGION US HLDG CO INC</BondNm>
        <EOYBookValueAmt>122456</EOYBookValueAmt>
        <EOYFMVAmt>122456</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>GLOBAL PAYMENTS INC B/E</BondNm>
        <EOYBookValueAmt>105949</EOYBookValueAmt>
        <EOYFMVAmt>105949</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>EXPEDIA GROUP INC NTS B/E</BondNm>
        <EOYBookValueAmt>114510</EOYBookValueAmt>
        <EOYFMVAmt>114510</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>QORVO INC NTS B/E</BondNm>
        <EOYBookValueAmt>125669</EOYBookValueAmt>
        <EOYFMVAmt>125669</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>BLOCK FINANCIAL LLC B/E</BondNm>
        <EOYBookValueAmt>39671</EOYBookValueAmt>
        <EOYFMVAmt>39671</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>BLOCK FINANCIAL NTS B/E</BondNm>
        <EOYBookValueAmt>65485</EOYBookValueAmt>
        <EOYFMVAmt>65485</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>DOLLAR TREE INC NTS B/E</BondNm>
        <EOYBookValueAmt>109592</EOYBookValueAmt>
        <EOYFMVAmt>109592</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>QUANTA SERVICES INC NTS</BondNm>
        <EOYBookValueAmt>43025</EOYBookValueAmt>
        <EOYFMVAmt>43025</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>DISCOVERY COMM INC NTS</BondNm>
        <EOYBookValueAmt>115522</EOYBookValueAmt>
        <EOYFMVAmt>115522</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>SERVICE CORP INTL NTS</BondNm>
        <EOYBookValueAmt>33862</EOYBookValueAmt>
        <EOYFMVAmt>33862</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>SERVICE CORP INTL B/E</BondNm>
        <EOYBookValueAmt>21405</EOYBookValueAmt>
        <EOYFMVAmt>21405</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>BROADCOM INC NTS B/E</BondNm>
        <EOYBookValueAmt>116697</EOYBookValueAmt>
        <EOYFMVAmt>116697</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>SBA COMMUNICATIONS CORP</BondNm>
        <EOYBookValueAmt>128463</EOYBookValueAmt>
        <EOYFMVAmt>128463</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>DICK'S SPORTING GOODS</BondNm>
        <EOYBookValueAmt>129743</EOYBookValueAmt>
        <EOYFMVAmt>129743</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>CARLISLE COS INC B/E</BondNm>
        <EOYBookValueAmt>37546</EOYBookValueAmt>
        <EOYFMVAmt>37546</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>CARLISLE COS INC B/E</BondNm>
        <EOYBookValueAmt>68134</EOYBookValueAmt>
        <EOYFMVAmt>68134</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>MICROCHIP TECHNOLOGY INC NTS B/E</BondNm>
        <EOYBookValueAmt>93609</EOYBookValueAmt>
        <EOYFMVAmt>93609</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>CDW LLC/CDW FIN CORP</BondNm>
        <EOYBookValueAmt>112407</EOYBookValueAmt>
        <EOYFMVAmt>112407</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>EAGLE MATERIALS INC B/E</BondNm>
        <EOYBookValueAmt>96983</EOYBookValueAmt>
        <EOYFMVAmt>96983</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>BERRY GLOB INC NTS B/E</BondNm>
        <EOYBookValueAmt>97468</EOYBookValueAmt>
        <EOYFMVAmt>97468</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>STEEL DYNAMICS INC NTS</BondNm>
        <EOYBookValueAmt>94766</EOYBookValueAmt>
        <EOYFMVAmt>94766</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>L BRANDS INC NTS B/E</BondNm>
        <EOYBookValueAmt>121601</EOYBookValueAmt>
        <EOYFMVAmt>121601</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>MOLSON COORS BREWING CO</BondNm>
        <EOYBookValueAmt>116885</EOYBookValueAmt>
        <EOYFMVAmt>116885</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>ENCOMPASS HEALTH ORG</BondNm>
        <EOYBookValueAmt>96492</EOYBookValueAmt>
        <EOYFMVAmt>96492</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>SVC CORP INTL NTS B/E</BondNm>
        <EOYBookValueAmt>73718</EOYBookValueAmt>
        <EOYFMVAmt>73718</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>MOTOROLA SOLUTIONS INC</BondNm>
        <EOYBookValueAmt>121867</EOYBookValueAmt>
        <EOYFMVAmt>121867</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>B A T CPTL CORP NTS B/E</BondNm>
        <EOYBookValueAmt>110988</EOYBookValueAmt>
        <EOYFMVAmt>110988</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>LKQ CORP NTS B/E</BondNm>
        <EOYBookValueAmt>92855</EOYBookValueAmt>
        <EOYFMVAmt>92855</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>PHILIP MORRIS INTL INC</BondNm>
        <EOYBookValueAmt>59128</EOYBookValueAmt>
        <EOYFMVAmt>59128</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>AT&amp;T INC NTS B/E</BondNm>
        <EOYBookValueAmt>123626</EOYBookValueAmt>
        <EOYFMVAmt>123626</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>TENET HEALTHCARE CORP</BondNm>
        <EOYBookValueAmt>71867</EOYBookValueAmt>
        <EOYFMVAmt>71867</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
    </InvestmentsCorpBondsSchedule>
    <InvestmentsCorpStockSchedule documentId="RetDoc2018900001">
      <InvestmentsCorporateStockGrp>
        <StockNm>ABB LTD SPON ADR</StockNm>
        <EOYBookValueAmt>42807</EOYBookValueAmt>
        <EOYFMVAmt>42807</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>MCKESSON CORP</StockNm>
        <EOYBookValueAmt>190920</EOYBookValueAmt>
        <EOYFMVAmt>190920</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>MERCK &amp; CO INC</StockNm>
        <EOYBookValueAmt>283319</EOYBookValueAmt>
        <EOYFMVAmt>283319</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>MICROCHIP TECHNOLOGY INC</StockNm>
        <EOYBookValueAmt>140450</EOYBookValueAmt>
        <EOYFMVAmt>140450</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>MICROSOFT CORP</StockNm>
        <EOYBookValueAmt>524346</EOYBookValueAmt>
        <EOYFMVAmt>524346</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>MONOLITHIC POWER SYSTEMS INC</StockNm>
        <EOYBookValueAmt>110648</EOYBookValueAmt>
        <EOYFMVAmt>110648</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>MOODYS CORP</StockNm>
        <EOYBookValueAmt>212070</EOYBookValueAmt>
        <EOYFMVAmt>212070</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>MSCI INC</StockNm>
        <EOYBookValueAmt>316205</EOYBookValueAmt>
        <EOYFMVAmt>316205</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>MTU AERO ENGINES HLDGS AG ADR</StockNm>
        <EOYBookValueAmt>16734</EOYBookValueAmt>
        <EOYFMVAmt>16734</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>MUNICH RE GROUP ADR</StockNm>
        <EOYBookValueAmt>18106</EOYBookValueAmt>
        <EOYFMVAmt>18106</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>NATIONAL GRID PLC SPON ADR</StockNm>
        <EOYBookValueAmt>13191</EOYBookValueAmt>
        <EOYFMVAmt>13191</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>NATWEST GROUP PLC</StockNm>
        <EOYBookValueAmt>22272</EOYBookValueAmt>
        <EOYFMVAmt>22272</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>NESTLE S A SPONSORED ADR REPSTG REG SHS SWITZ ADR</StockNm>
        <EOYBookValueAmt>26471</EOYBookValueAmt>
        <EOYFMVAmt>26471</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>NETEASE INC SPON ADR</StockNm>
        <EOYBookValueAmt>6245</EOYBookValueAmt>
        <EOYFMVAmt>6245</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>ORACLE CORPORTION</StockNm>
        <EOYBookValueAmt>712719</EOYBookValueAmt>
        <EOYFMVAmt>712719</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>OLLIE'S BARGAIN OUTLET HOLDI</StockNm>
        <EOYBookValueAmt>45428</EOYBookValueAmt>
        <EOYFMVAmt>45428</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>OLD DOMINION FREIGHT LINES INC</StockNm>
        <EOYBookValueAmt>178517</EOYBookValueAmt>
        <EOYFMVAmt>178517</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>NVIDIA CORP</StockNm>
        <EOYBookValueAmt>414688</EOYBookValueAmt>
        <EOYFMVAmt>414688</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>NOVO NORDISK ADR DENMARK ADR</StockNm>
        <EOYBookValueAmt>48257</EOYBookValueAmt>
        <EOYFMVAmt>48257</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>MCDONALDS CORP</StockNm>
        <EOYBookValueAmt>351926</EOYBookValueAmt>
        <EOYFMVAmt>351926</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>NORDSON CORP</StockNm>
        <EOYBookValueAmt>56704</EOYBookValueAmt>
        <EOYFMVAmt>56704</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>NITORI HLDGS CO LTD ADR</StockNm>
        <EOYBookValueAmt>7992</EOYBookValueAmt>
        <EOYFMVAmt>7992</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>NOMURA RESEARCH INSTITUTE LTD ADR</StockNm>
        <EOYBookValueAmt>19567</EOYBookValueAmt>
        <EOYFMVAmt>19567</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>MASTERCARD INC CL A</StockNm>
        <EOYBookValueAmt>206415</EOYBookValueAmt>
        <EOYFMVAmt>206415</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>MARVELL TECHNOLOGY INC</StockNm>
        <EOYBookValueAmt>227196</EOYBookValueAmt>
        <EOYFMVAmt>227196</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>HONG KONG EXCHANGES &amp; CLEARING LTD ADR</StockNm>
        <EOYBookValueAmt>14374</EOYBookValueAmt>
        <EOYFMVAmt>14374</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>HOYA CORP SPON ADR</StockNm>
        <EOYBookValueAmt>9052</EOYBookValueAmt>
        <EOYFMVAmt>9052</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>IBERDROLA SA SPON ADR</StockNm>
        <EOYBookValueAmt>13013</EOYBookValueAmt>
        <EOYFMVAmt>13013</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>IMPERIAL BRANDS PLC SPON ADR</StockNm>
        <EOYBookValueAmt>16346</EOYBookValueAmt>
        <EOYFMVAmt>16346</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>INDUSTRIA DE DISENO TEXTIL IND ADR</StockNm>
        <EOYBookValueAmt>29439</EOYBookValueAmt>
        <EOYFMVAmt>29439</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>INTERACTIVE BROKERS GROUP INC CL A</StockNm>
        <EOYBookValueAmt>91868</EOYBookValueAmt>
        <EOYFMVAmt>91868</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>INTUIT</StockNm>
        <EOYBookValueAmt>392813</EOYBookValueAmt>
        <EOYFMVAmt>392813</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>INTUITIVE SURGICAL INC</StockNm>
        <EOYBookValueAmt>80904</EOYBookValueAmt>
        <EOYFMVAmt>80904</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>ISHARES RUSSELL 2000 ETF</StockNm>
        <EOYBookValueAmt>1777402</EOYBookValueAmt>
        <EOYFMVAmt>1777402</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>ITOCHU CORP ADR JAPAN ADR</StockNm>
        <EOYBookValueAmt>33018</EOYBookValueAmt>
        <EOYFMVAmt>33018</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>JOHNSON &amp; JOHNSON</StockNm>
        <EOYBookValueAmt>245420</EOYBookValueAmt>
        <EOYFMVAmt>245420</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>ZOETIS INC</StockNm>
        <EOYBookValueAmt>168144</EOYBookValueAmt>
        <EOYFMVAmt>168144</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>KEYENCE CORP ORD JPY</StockNm>
        <EOYBookValueAmt>22289</EOYBookValueAmt>
        <EOYFMVAmt>22289</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>KKR &amp; CO INC</StockNm>
        <EOYBookValueAmt>232071</EOYBookValueAmt>
        <EOYFMVAmt>232071</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>KLA CORP</StockNm>
        <EOYBookValueAmt>95148</EOYBookValueAmt>
        <EOYFMVAmt>95148</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>LENNOX INTL INC</StockNm>
        <EOYBookValueAmt>103581</EOYBookValueAmt>
        <EOYFMVAmt>103581</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>LILLY ELI &amp; CO</StockNm>
        <EOYBookValueAmt>1387284</EOYBookValueAmt>
        <EOYFMVAmt>1387284</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>LONDON STK EXCHANGE UNSPONSORED ADR</StockNm>
        <EOYBookValueAmt>47218</EOYBookValueAmt>
        <EOYFMVAmt>47218</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>LOREAL CO ADR FRANCE ADR</StockNm>
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        <EOYFMVAmt>25207</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>LOWES COMPANIES INC</StockNm>
        <EOYBookValueAmt>175475</EOYBookValueAmt>
        <EOYFMVAmt>175475</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>LPL FINL HLDGS INC COM</StockNm>
        <EOYBookValueAmt>87505</EOYBookValueAmt>
        <EOYFMVAmt>87505</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>LVMH MOET HENNESSY LOUIS ADR</StockNm>
        <EOYBookValueAmt>27314</EOYBookValueAmt>
        <EOYFMVAmt>27314</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>MARSH &amp; MCLENNAN COS INC</StockNm>
        <EOYBookValueAmt>181186</EOYBookValueAmt>
        <EOYFMVAmt>181186</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>MARUBENI CORP ADR JAPAN ADR</StockNm>
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        <StockNm>POOL CORP</StockNm>
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        <EOYFMVAmt>69893</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>PROCTOR &amp; GAMBLE CO</StockNm>
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        <EOYFMVAmt>368998</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>PROGRESSIVE CORP OHIO</StockNm>
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        <EOYFMVAmt>178270</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>TFI INTL INC CAD</StockNm>
        <EOYBookValueAmt>17021</EOYBookValueAmt>
        <EOYFMVAmt>17021</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>THE COOPER COMPANIES INC</StockNm>
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        <EOYFMVAmt>73360</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>THE TRADE DESK INC</StockNm>
        <EOYBookValueAmt>33261</EOYBookValueAmt>
        <EOYFMVAmt>33261</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>THERMO FISHER SCIENTIFIC INC</StockNm>
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      <InvestmentsCorporateStockGrp>
        <StockNm>THOR INDUSTRIES INC</StockNm>
        <EOYBookValueAmt>55416</EOYBookValueAmt>
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        <StockNm>TOKYO ELECTRON LTD ADR</StockNm>
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      <InvestmentsCorporateStockGrp>
        <StockNm>TOTALENERGIES SE SPON ADR</StockNm>
        <EOYBookValueAmt>39894</EOYBookValueAmt>
        <EOYFMVAmt>39894</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>UBER TECHNOLOGIES INC</StockNm>
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      <InvestmentsCorporateStockGrp>
        <StockNm>UNICHARM CORP SPON ADR</StockNm>
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        <EOYFMVAmt>4598</EOYFMVAmt>
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        <StockNm>UNICREDIT SPA</StockNm>
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      <InvestmentsCorporateStockGrp>
        <StockNm>UNITED PARCEL SVC INC CL B</StockNm>
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        <EOYFMVAmt>257118</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>UNITEDHEALTH GROUP INC</StockNm>
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        <EOYFMVAmt>180592</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>UNIVERSAL DISPLAY CORP</StockNm>
        <EOYBookValueAmt>42398</EOYBookValueAmt>
        <EOYFMVAmt>42398</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>TERUMO CORP ADR</StockNm>
        <EOYBookValueAmt>8600</EOYBookValueAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>VERISK ANALYTICS INC</StockNm>
        <EOYBookValueAmt>99430</EOYBookValueAmt>
        <EOYFMVAmt>99430</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>VIRTUS KAR INTERNATIONAL SMALL-CAP FUND CLASS I</StockNm>
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        <EOYFMVAmt>1513867</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>VISA INC CL A</StockNm>
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      <InvestmentsCorporateStockGrp>
        <StockNm>WALMART INC COMMON STOCK</StockNm>
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      <InvestmentsCorporateStockGrp>
        <StockNm>WASTE MANAGEMENT INC DEL</StockNm>
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      <InvestmentsCorporateStockGrp>
        <StockNm>WATSCO INC</StockNm>
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      <InvestmentsCorporateStockGrp>
        <StockNm>WEST PHARMACEUTICAL SERVICES INC</StockNm>
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      <InvestmentsCorporateStockGrp>
        <StockNm>WORKDAY INC</StockNm>
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        <EOYFMVAmt>113017</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>XCEL ENERGY INC COMMON STOCK</StockNm>
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      <InvestmentsCorporateStockGrp>
        <StockNm>ZEBRA TECHNOLOGIES CORP CL A</StockNm>
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      <InvestmentsCorporateStockGrp>
        <StockNm>VERALTO CORP</StockNm>
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      <InvestmentsCorporateStockGrp>
        <StockNm>HITACHI LTD ADR NEW JAPAN</StockNm>
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        <EOYFMVAmt>27846</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>TERADYNE INC</StockNm>
        <EOYBookValueAmt>49361</EOYBookValueAmt>
        <EOYFMVAmt>49361</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>TELEDYNE TECHNOLOGIES INC</StockNm>
        <EOYBookValueAmt>51983</EOYBookValueAmt>
        <EOYFMVAmt>51983</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>RECRUIT HLDGS CO LTD UN SPONSORED ADR</StockNm>
        <EOYBookValueAmt>25146</EOYBookValueAmt>
        <EOYFMVAmt>25146</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>RELX PLC SPON ADR</StockNm>
        <EOYBookValueAmt>31113</EOYBookValueAmt>
        <EOYFMVAmt>31113</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>ROLLINS INC</StockNm>
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      <InvestmentsCorporateStockGrp>
        <StockNm>ROLLS ROYCE HOLDINGS PLC</StockNm>
        <EOYBookValueAmt>29153</EOYBookValueAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>ROYAL KPN N.V.</StockNm>
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        <StockNm>SAFRAN SA ADR</StockNm>
        <EOYBookValueAmt>53519</EOYBookValueAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>SAIA INC</StockNm>
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        <EOYFMVAmt>51953</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>SAP SE SPON ADR</StockNm>
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      <InvestmentsCorporateStockGrp>
        <StockNm>SERVICENOW INC</StockNm>
        <EOYBookValueAmt>220505</EOYBookValueAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>TENCENT HLDGS LTD ADR</StockNm>
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        <EOYFMVAmt>18294</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>SHERWIN WILLIAMS CO</StockNm>
        <EOYBookValueAmt>190701</EOYBookValueAmt>
        <EOYFMVAmt>190701</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>SHOPIFY INC CL A</StockNm>
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        <EOYFMVAmt>12441</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>SIKA AG UNSPONSORED ADR</StockNm>
        <EOYBookValueAmt>19698</EOYBookValueAmt>
        <EOYFMVAmt>19698</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>SITEONE LANDSCAPE SUPPLY INC</StockNm>
        <EOYBookValueAmt>39136</EOYBookValueAmt>
        <EOYFMVAmt>39136</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>SMC CORP YEN SHS ORD JPY</StockNm>
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        <EOYFMVAmt>16555</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>SPDR S&amp;P 500 ETF TRUST</StockNm>
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      <InvestmentsCorporateStockGrp>
        <StockNm>SPOTIFY TECHNOLOGY</StockNm>
        <EOYBookValueAmt>6263</EOYBookValueAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>STRAUMANN HLDG AG ADR</StockNm>
        <EOYBookValueAmt>9512</EOYBookValueAmt>
        <EOYFMVAmt>9512</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>STRYKER CORP</StockNm>
        <EOYBookValueAmt>421979</EOYBookValueAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>SUZUKI MOTOR CORP LTD</StockNm>
        <EOYBookValueAmt>14410</EOYBookValueAmt>
        <EOYFMVAmt>14410</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>TAIWAN SEMICONDUCTOR MFG CO LTD ADR</StockNm>
        <EOYBookValueAmt>47595</EOYBookValueAmt>
        <EOYFMVAmt>47595</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>TARGET CORP</StockNm>
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      <InvestmentsCorporateStockGrp>
        <StockNm>TDK CORP ADR JAPAN ADR</StockNm>
        <EOYBookValueAmt>21216</EOYBookValueAmt>
        <EOYFMVAmt>21216</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>SHIN ETSU CHEM CO LTD ADR</StockNm>
        <EOYBookValueAmt>17016</EOYBookValueAmt>
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        <StockNm>HERMES INTL SCA ADR</StockNm>
        <EOYBookValueAmt>20079</EOYBookValueAmt>
        <EOYFMVAmt>20079</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>JPMORGAN CHASE &amp; CO</StockNm>
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      <InvestmentsCorporateStockGrp>
        <StockNm>BERKLEY W R CORP</StockNm>
        <EOYBookValueAmt>73209</EOYBookValueAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>BERKSHIRE HATHAWAY INC DEL CL B</StockNm>
        <EOYBookValueAmt>507220</EOYBookValueAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>BHP GROUP LTD SPON ADR</StockNm>
        <EOYBookValueAmt>6104</EOYBookValueAmt>
        <EOYFMVAmt>6104</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>BJS WHSL CLUB HLDGS INC</StockNm>
        <EOYBookValueAmt>46998</EOYBookValueAmt>
        <EOYFMVAmt>46998</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>BP PLC SPON ADR</StockNm>
        <EOYBookValueAmt>13893</EOYBookValueAmt>
        <EOYFMVAmt>13893</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>BRIGHT HORIZONS FAMILY SOLUTIONS INC</StockNm>
        <EOYBookValueAmt>17514</EOYBookValueAmt>
        <EOYFMVAmt>17514</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>BRITISH AMER TOBACCO PLC GB SPON ADR</StockNm>
        <EOYBookValueAmt>11768</EOYBookValueAmt>
        <EOYFMVAmt>11768</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>BROADCOM INC</StockNm>
        <EOYBookValueAmt>224885</EOYBookValueAmt>
        <EOYFMVAmt>224885</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>CADENCE DESIGN SYSTEM</StockNm>
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        <EOYFMVAmt>137310</EOYFMVAmt>
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        <StockNm>CAPGEMINI S E UNSPONSORED ADR</StockNm>
        <EOYBookValueAmt>26747</EOYBookValueAmt>
        <EOYFMVAmt>26747</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>BENTLEY SYSTEMS INC CL B</StockNm>
        <EOYBookValueAmt>79063</EOYBookValueAmt>
        <EOYFMVAmt>79063</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>CARLSBERG AS SPON ADR</StockNm>
        <EOYBookValueAmt>11766</EOYBookValueAmt>
        <EOYFMVAmt>11766</EOYFMVAmt>
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        <StockNm>CDN NATL RAILWAY CO CAD</StockNm>
        <EOYBookValueAmt>21622</EOYBookValueAmt>
        <EOYFMVAmt>21622</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>HENRY JACK &amp; ASSOC INC</StockNm>
        <EOYBookValueAmt>58550</EOYBookValueAmt>
        <EOYFMVAmt>58550</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>CHEMED CORP NEW</StockNm>
        <EOYBookValueAmt>41854</EOYBookValueAmt>
        <EOYFMVAmt>41854</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>CHIPOTLE MEXICAN GRILL INC CL A</StockNm>
        <EOYBookValueAmt>102872</EOYBookValueAmt>
        <EOYFMVAmt>102872</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>CHOICE HOTELS INTL INC NEW</StockNm>
        <EOYBookValueAmt>58922</EOYBookValueAmt>
        <EOYFMVAmt>58922</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>CHUGAI PHARMACEUTICAL LTD</StockNm>
        <EOYBookValueAmt>11249</EOYBookValueAmt>
        <EOYFMVAmt>11249</EOYFMVAmt>
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        <StockNm>CINTAS CORP</StockNm>
        <EOYBookValueAmt>183065</EOYBookValueAmt>
        <EOYFMVAmt>183065</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>CISCO SYSTEMS INC</StockNm>
        <EOYBookValueAmt>247042</EOYBookValueAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>COCA COLA COMPANY</StockNm>
        <EOYBookValueAmt>308249</EOYBookValueAmt>
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        <StockNm>CARRIER GLOBAL CORP</StockNm>
        <EOYBookValueAmt>205667</EOYBookValueAmt>
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        <StockNm>BEIGENE LTD SPON ADR</StockNm>
        <EOYBookValueAmt>8127</EOYBookValueAmt>
        <EOYFMVAmt>8127</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>BAE SYSTEMS PLC</StockNm>
        <EOYBookValueAmt>19206</EOYBookValueAmt>
        <EOYFMVAmt>19206</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>B&amp;M EUROPEAN VALUE RETAIL SA UNSPONSORED ADR</StockNm>
        <EOYBookValueAmt>4429</EOYBookValueAmt>
        <EOYFMVAmt>4429</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>ADIDAS AG SPON ADR</StockNm>
        <EOYBookValueAmt>14247</EOYBookValueAmt>
        <EOYFMVAmt>14247</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>AGILENT TECHNOLOGIES INC</StockNm>
        <EOYBookValueAmt>67036</EOYBookValueAmt>
        <EOYFMVAmt>67036</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>AIA GROUP LTD SPON ADR</StockNm>
        <EOYBookValueAmt>23315</EOYBookValueAmt>
        <EOYFMVAmt>23315</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>AIR LIQUIDE ADR FRANCE ADR</StockNm>
        <EOYBookValueAmt>16835</EOYBookValueAmt>
        <EOYFMVAmt>16835</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
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