U S BANCORP FOUNDATION: Form 990PF, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- U S BANCORP FOUNDATION (EIN 41-1359579)
- Tax period
- 2024-01-01 to 2024-12-31
- Filed
- 2025-11-13
- IRS object ID
- 202543179349102299
- Schema version
- 2024v5.2
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990-PF
- Schedule B
- Investments Other Schedule2
- Legal Fees Schedule
- Other Assets Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-11-13T13:01:38-06:00 | ReturnTs |
| Tax Period End | 2024-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 920460586 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PWC US TAX LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 301 GRANT STREET 45TH FLOOR | AddressLine1Txt |
| City | PITTSBURGH | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 15219 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2024-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 411359579 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | US BANK FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | USBA | BusinessNameControlTxt |
| Phone | 6123030738 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 0634 | AddressLine1Txt |
| City | MILWAUKEE | CityNm |
| State Abbreviation | WI | StateAbbreviationCd |
| ZIP | 532010634 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | U S BANK N A BY | PersonNm |
| Person Title | TRUSTEE | PersonTitleTxt |
| Phone | 6123030738 | PhoneNum |
| Signature | 2025-11-10 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (true) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | ALLISON J VALENTY | PreparerPersonNm |
| PTIN | P00963824 | PTIN |
| Phone | 4123556000 | PhoneNum |
| Preparation | 2025-11-10 | PreparationDt |
| Self Employed | Yes (X) | SelfEmployedInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $144,253,023 | FMVAssetsEOYAmt |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $45,530,714 | ContriRcvdRevAndExpnssAmt |
| Dividends Rev And Expnss | $5,000,515 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $5,000,515 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $3,667,652 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $54,531,682 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $3,667,652 | CapGainNetIncmNetInvstIncmAmt |
| Net ST Capital Gain Adj Net Incm | $0 | NetSTCapitalGainAdjNetIncmAmt |
| Other Income Rev And Expnss | $56,440 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $22,727 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $54,255,321 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $8,690,894 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $499,921 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $249,961 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $249,960 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $1,226,904 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $613,452 | OthEmplSlrsWgsNetInvstIncmAmt |
| Oth Empl Slrs Wgs Adj Net Incm | $0 | OthEmplSlrsWgsAdjNetIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $613,452 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Net Invst Incm | $0 | PensionEmplBnftNetInvstIncmAmt |
| Pension Empl Bnft Adj Net Incm | $0 | PensionEmplBnftAdjNetIncmAmt |
| Legal Fees Rev And Expnss | $26,116 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $0 | LegalFeesAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $26,116 | LegalFeesDsbrsChrtblAmt |
| Other Prof Fees Dsbrs Chrtbl | $0 | OtherProfFeesDsbrsChrtblAmt |
| Interest Dsbrs Chrtbl | $0 | InterestDsbrsChrtblAmt |
| Taxes Rev And Expnss | $79,375 | TaxesRevAndExpnssAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $0 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $0 | DeprecAndDpltnNetInvstIncmAmt |
| Trav Conf Meeting Net Invst Incm | $0 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Adj Net Incm | $0 | TravConfMeetingAdjNetIncmAmt |
| Printing And Pub Net Invst Incm | $0 | PrintingAndPubNetInvstIncmAmt |
| Printing And Pub Adj Net Incm | $0 | PrintingAndPubAdjNetIncmAmt |
| Other Expenses Rev And Expnss | $785,455 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $89,146 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $696,309 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $2,617,771 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $952,559 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $1,585,837 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $66,410,992 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $66,410,992 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $69,028,763 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $952,559 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $67,996,829 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$14,773,442 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $7,738,335 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $481,789 | CashBOYAmt |
| Cash EOY | $669,289 | CashEOYAmt |
| Cash EOYFMV | $669,289 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $523,452 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $7,897,625 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $7,897,625 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl EOY | $0 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $0 | AcctRcvblEOYFMVAmt |
| Other Rcvbl Allwnc Dbtfl Acct | $0 | OtherRcvblAllwncDbtflAcctAmt |
| Other Investments BOY | $159,788,299 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $127,886,726 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $133,976,796 | OtherInvestmentsEOYFMVAmt |
| Other Assets BOY | $1,736,948 | OtherAssetsBOYAmt |
| Other Assets EOY | $1,709,313 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $1,709,313 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $162,530,488 | TotalAssetsBOYAmt |
| Total Assets EOY | $138,162,953 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $144,253,023 | TotalAssetsEOYFMVAmt |
| Grants Payable BOY | $10,136,384 | GrantsPayableBOYAmt |
| Total Liabilities BOY | $10,136,384 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $152,394,104 | CapitalStockBOYAmt |
| Capital Stock EOY | $138,162,953 | CapitalStockEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $152,394,104 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $138,162,953 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $162,530,488 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $138,162,953 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $152,394,104 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$14,773,442 | ExcessRevenueOverExpensesAmt |
| Other Increases | $5,261,035 | OtherIncreasesAmt |
| Subtotal | $142,881,697 | SubtotalAmt |
| Other Decreases | $4,718,744 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $138,162,953 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (54 entries)
| PropertyPropertyDesc | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | AcquiredAcquiredDt | How AcquiredHowAcquiredCd |
|---|---|---|---|---|---|---|---|
| 44502.618 VANGUARD TOTAL BOND MARKET IDX INSTL | 2024-02-05 | $425,000 | $489,111 | -$64,111 | -$64,111 | ||
| 183.76 VANGUARD INSTL INDEX INST PL | 2024-02-05 | $75,000 | $62,556 | $12,444 | $12,444 | 2023-01-26 | |
| 1. BANK OF AMERICA CORP | 2024-02-21 | $79 | $79 | $79 | 1911-11-11 | ||
| 52004.219 VANGUARD TOTAL BOND MARKET IDX INSTL | 2024-03-15 | $493,000 | $573,263 | -$80,263 | -$80,263 | ||
| 205.445 VANGUARD INSTL INDEX INST PL | 2024-03-15 | $87,000 | $69,938 | $17,062 | $17,062 | 2023-01-26 | |
| 265212.82749 VANGUARD TOTAL BOND MARKET IDX INSTL | 2024-04-24 | $2,469,131 | $2,845,237 | -$376,106 | -$376,106 | ||
| 90175.09451 VANGUARD TOTAL BOND MARKET IDX INSTL | 2024-04-24 | $839,530 | $962,323 | -$122,793 | -$122,793 | ||
| 1398.184 VANGUARD INSTL INDEX INST PL | 2024-04-24 | $583,881 | $475,970 | $107,911 | $107,911 | 2023-01-26 | |
| 1025285.91 VANGUARD TOTAL BOND MARKET IDX INSTL | 2024-05-13 | $9,647,940 | $10,823,699 | -$1,175,759 | -$1,175,759 | ||
| 43311.327 VANGUARD TOTAL BOND MARKET IDX INSTL | 2024-05-13 | $407,560 | $474,073 | -$66,513 | -$66,513 | ||
| 4124.826 VANGUARD INSTL INDEX INST PL | 2024-05-13 | $1,774,500 | $1,382,921 | $391,579 | $391,579 | ||
| 44912.201 VANGUARD TOTAL BOND MARKET IDX INSTL | 2024-05-17 | $424,420 | $438,343 | -$13,923 | -$13,923 | 2023-01-26 | |
| 171.312 VANGUARD INSTL INDEX INST PL | 2024-05-17 | $74,898 | $57,410 | $17,488 | $17,488 | 2023-02-22 | |
| 2305101.20137 VANGUARD TOTAL BOND MARKET IDX INSTL | 2024-08-01 | $22,359,482 | $21,959,995 | $399,487 | $399,487 | ||
| 42086.69563 VANGUARD TOTAL BOND MARKET IDX INSTL | 2024-08-01 | $408,241 | $461,207 | -$52,966 | -$52,966 | ||
| 2698.078 VANGUARD INSTL INDEX INST PL | 2024-08-01 | $1,210,034 | $1,143,754 | $66,280 | $66,280 | ||
| 6260.701 VANGUARD INSTL INDEX INST PL | 2024-08-01 | $2,807,799 | $2,101,287 | $706,512 | $706,512 | ||
| 16809.829 VANGUARD TOTAL BOND MARKET IDX INSTL | 2024-09-13 | $166,922 | $159,525 | $7,397 | $7,397 | 2023-02-22 | |
| 42086.697 VANGUARD TOTAL BOND MARKET IDX INSTL | 2024-09-13 | $417,921 | $459,945 | -$42,024 | -$42,024 | ||
| 222.358 VANGUARD INSTL INDEX INST PL | 2024-09-13 | $103,208 | $89,512 | $13,696 | $13,696 | 2023-09-10 | |
| 2184.136 VANGUARD TOTAL BOND MARKET IDX INSTL | 2024-10-31 | $20,968 | $20,727 | $241 | $241 | 2023-02-22 | |
| 42086.697 VANGUARD TOTAL BOND MARKET IDX INSTL | 2024-10-31 | $404,032 | $453,913 | -$49,881 | -$49,881 | ||
| 159.632 VANGUARD INSTL INDEX INST PL | 2024-10-31 | $75,000 | $59,409 | $15,591 | $15,591 | ||
| 24167.358 VANGUARD INSTL INDEX INST PL | 2024-11-13 | $11,916,924 | $8,802,131 | $3,114,793 | $3,114,793 | ||
| 29789.338 VANGUARD TOTAL BOND MARKET IDX INSTL | 2024-12-12 | $286,276 | $282,701 | $3,575 | $3,575 | 2023-02-22 | |
| 42086.697 VANGUARD TOTAL BOND MARKET IDX INSTL | 2024-12-12 | $404,453 | $466,539 | -$62,086 | -$62,086 | ||
| 244.172 VANGUARD INSTL INDEX INST PL | 2024-12-12 | $121,893 | $88,915 | $32,978 | $32,978 | 2023-11-03 | |
| CAPITAL GAIN DIVIDENDS | $326,327 | P | |||||
| CAPITAL GAIN DIVIDENDS | $326,327 | P | |||||
| CAPITAL GAIN DIVIDENDS | $326,327 | P | |||||
| CAPITAL GAIN DIVIDENDS | $326,327 | P | |||||
| CAPITAL GAIN DIVIDENDS | $326,327 | P | |||||
| CAPITAL GAIN DIVIDENDS | $326,327 | P | |||||
| CAPITAL GAIN DIVIDENDS | $326,327 | P | |||||
| CAPITAL GAIN DIVIDENDS | $326,327 | P | |||||
| CAPITAL GAIN DIVIDENDS | $326,327 | P | |||||
| CAPITAL GAIN DIVIDENDS | $326,327 | P | |||||
| CAPITAL GAIN DIVIDENDS | $326,327 | P | |||||
| CAPITAL GAIN DIVIDENDS | $326,327 | P | |||||
| CAPITAL GAIN DIVIDENDS | $326,327 | P | |||||
| CAPITAL GAIN DIVIDENDS | $326,327 | P | |||||
| CAPITAL GAIN DIVIDENDS | $326,327 | P | |||||
| CAPITAL GAIN DIVIDENDS | $326,327 | P | |||||
| CAPITAL GAIN DIVIDENDS | $326,327 | P | |||||
| CAPITAL GAIN DIVIDENDS | $326,327 | P | |||||
| CAPITAL GAIN DIVIDENDS | $326,327 | P | |||||
| CAPITAL GAIN DIVIDENDS | $326,327 | P | |||||
| CAPITAL GAIN DIVIDENDS | $326,327 | P | |||||
| CAPITAL GAIN DIVIDENDS | $326,327 | P | |||||
| CAPITAL GAIN DIVIDENDS | $326,327 | P | |||||
| CAPITAL GAIN DIVIDENDS | $326,327 | P | |||||
| CAPITAL GAIN DIVIDENDS | $326,327 | P | |||||
| CAPITAL GAIN DIVIDENDS | $326,327 | P | |||||
| CAPITAL GAIN DIVIDENDS | $326,327 | P |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $3,667,652 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $107,563 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $107,563 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $107,563 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $77,053 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $47,152 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $124,205 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $16,642 | OverpaymentAmt |
| Applied To ES Tax | $16,642 | AppliedToESTaxAmt |
| Refund | $0 | RefundAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | MN | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | Yes (true) | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | http://www.usbank.com/en/AboutHome.cfm | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | US BANK NATIONAL ASSOCIATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 6514666261 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 800 NICOLLET MALL | AddressLine1Txt |
| City | MINNEAPOLIS | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 55402 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | Yes (true) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | false | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (10 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt |
|---|---|---|---|---|---|---|
| REVATHI DOMINSKI | ||||||
| 800 NICOLLET MALL | MINNEAPOLIS | MN | 55402 | CHAIR & PRESIDENT | 10 | $499,921 |
| BETH LAWLER | ||||||
| 800 NICOLLET MALL | MINNEAPOLIS | MN | 55402 | DIRECTOR | 2 | $0 |
| TERRANCE DOLAN | ||||||
| 800 NICOLLET MALL | MINNEAPOLIS | MN | 55402 | TREASURER | 2 | $0 |
| JAMES CHOSY | ||||||
| 800 NICOLLET MALL | MINNEAPOLIS | MN | 55402 | SECRETARY | 2 | $0 |
| ELCIO R BARCELOS | ||||||
| 800 NICOLLET MALL | MINNEAPOLIS | MN | 55402 | DIRECTOR | 2 | $0 |
| GREGORY G CUNNINGHAM | ||||||
| 800 NICOLLET MALL | MINNEAPOLIS | MN | 55402 | DIRECTOR | 2 | $0 |
| CARL JORDAN | ||||||
| 800 NICOLLET MALL | MINNEAPOLIS | MN | 55402 | DIRECTOR | 2 | $0 |
| HASSAN A SALEM | ||||||
| 800 NICOLLET MALL | MINNEAPOLIS | MN | 55402 | DIRECTOR | 2 | $0 |
| ARIJIT ROY | ||||||
| 800 NICOLLET MALL | MINNEAPOLIS | MN | 55402 | DIRECTOR | 2 | $0 |
| ANKIT BHAT | ||||||
| 800 NICOLLET MALL | MINNEAPOLIS | MN | 55402 | DIRECTOR | 2 | $0 |
Compensation Highest Paid Empl CompensationHighestPaidEmplGrp (5 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt |
|---|---|---|---|---|---|---|
| ERICA OPSTAD | ||||||
| C/O US BANCORP FOUNDATION | MINNEAPOLIS | MN | 55402 | 0 | 0 | $374,681 |
| KAREN KERVIN | ||||||
| C/O US BANCORP FOUNDATION | MINNEAPOLIS | MN | 55402 | 0 | 0 | $183,545 |
| AMANDA KOEHL | ||||||
| C/O US BANCORP FOUNDATION | MINNEAPOLIS | MN | 55402 | 0 | 0 | $137,785 |
| KELLY ACKER | ||||||
| C/O US BANCORP FOUNDATION | MINNEAPOLIS | MN | 55402 | 0 | 0 | $127,026 |
| SHAWNA BLUME | ||||||
| C/O US BANCORP FOUNDATION | MINNEAPOLIS | MN | 55402 | 0 | 0 | $120,577 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Employee Paid Over50k | 3 | OtherEmployeePaidOver50kCnt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Service TypeServiceTypeTxt | CompensationCompensationAmt |
|---|---|---|---|---|---|
| CYBERGRANTS LLC | |||||
| 300 BRICKSTONE SQUARE | ANDOVER | MA | 01810 | CONSULTING | $361,230 |
| BONTERRA LLC | |||||
| 10801-2 N MOPAC EXPWY | AUSTIN | TX | 78759 | TECHNOLOGY | $194,511 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Summary Of Direct Chrtbl Acty | SummaryOfDirectChrtblActyGrp | |
| Sum Of Program Related Invst | SumOfProgramRelatedInvstGrp |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $159,113,070 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $2,216,031 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $161,329,101 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $161,329,101 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $2,419,937 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $158,909,164 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $7,945,458 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $7,945,458 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $107,563 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $107,563 | TotalTaxAmt |
| Distributable Before Adj | $7,837,895 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $7,837,895 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $7,837,895 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $67,996,829 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $0 | CharitableAssetsAcquisPaidAmt |
| Set Aside Suitability Test | $0 | SetAsideSuitabilityTestAmt |
| Set Aside Cash Distri Test | $0 | SetAsideCashDistriTestAmt |
| Qualifying Distributions | $67,996,829 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $7,837,895 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $29,182,813 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $43,349,412 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $36,743,272 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $38,663,978 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $40,399,975 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $188,339,450 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $67,996,829 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $7,837,895 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $60,158,934 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $248,498,384 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $29,182,813 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $219,315,571 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $43,349,412 | ExcessFromYear4Amt |
| Excess From Year3 | $36,743,272 | ExcessFromYear3Amt |
| Excess From Year2 | $38,663,978 | ExcessFromYear2Amt |
| Excess From Year1 | $40,399,975 | ExcessFromYear1Amt |
| Excess From Current Year | $60,158,934 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | NONE | ContributingManagerNm |
| Shareholder Manager | NONE | ShareholderManagerNm |
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | ONLINE APPLICATIONS | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 0634 | AddressLine1Txt |
| City | MILWAUKEE | CityNm |
| State Abbreviation | WI | StateAbbreviationCd |
| ZIP | 53201 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 6123037364 | RecipientPhoneNum |
| Form And Info And Materials | SEE FOOTNOTES | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | SUBMISSION DEADLINES ROLL THROUGHOUT THE YEAR | SubmissionDeadlinesTxt |
| Restrictions On Awards | AWARDS ARE LIMITED TO THE STATES OF AZ, AR, CA, CO, ID, IA, IL, IN, KS KY, MN, MO, MT, NE, NV, NC, ND, NM, OH, OR, SD, TN, UT, WA, WI, WY | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (2 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| SEE ATTACHED | |||||||
| PO BOX 634 | MILWAUKEE | WI | 53201 | NONE | PC | GENERAL OPERATING | $54,596,852 |
| UNIVERSITY OF MINNESOTA FDN | |||||||
| 200 OAK ST SE SUITE 500 | MINNEAPOLIS | MN | 55455 | NONE | PC | GENERAL PURPOSE | $11,814,140 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $66,410,992 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fees Contracts From Govt Ag | FeesContractsFromGovtAgGrp | |
| Membership Dues And Assmnt | MembershipDuesAndAssmntGrp | |
| Int On Sav And Temp Cash Invst | IntOnSavAndTempCashInvstGrp |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $5,000,515 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Rntl Incm Re Debt Fincd Prop | NetRntlIncmReDebtFincdPropGrp | |
| Net Rntl Incm Re Not Debt Fincd Prop | NetRntlIncmReNotDebtFincdProp | |
| Net Rental Income Personal Prop | NetRentalIncomePersonalPropGrp | |
| Other Investment Income | OtherInvestmentIncomeGrp |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $3,667,652 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp |
Other Revenue Described OtherRevenueDescribedGrp (4 entries)
| DescDesc | ExclusionExclusionCd | ExclusionExclusionAmt |
|---|---|---|
| FEDERAL TAX REFUND | 1 | $33,613 |
| CARLSON SCHOOL GRO | 1 | -$16,534 |
| CARLSON SCHOOL FIX | 1 | $39,261 |
| STATE REFUNDS | 1 | $100 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $8,724,607 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $8,724,607 | TotalIncomeProducingActyAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Rln Of Acty To Accom Of Exmpt Prps | RlnOfActyToAccomOfExmptPrpsGrp |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | RelationshipsNonchrtblEOInd |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | US BANK NA | BusinessNameLine1Txt |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 0634 | AddressLine1Txt |
| City | MILWAUKEE | CityNm |
| State Abbreviation | WI | StateAbbreviationCd |
| ZIP | 532010634 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $45,530,714 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (4 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| 97MSC50K3 CARLSON SCHOOL GROWT | |||
| 97MSC50J6 CARLSON SCHOOL FIXED | |||
| 922040209 VANGUARD INSTL INDEX | AT COST | $21,746,893 | $25,122,998 |
| 921937785 VANGUARD TOTAL BOND | AT COST | $106,139,833 | $108,853,798 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL FEES - PRINCIPAL (ALLOCA | CategoryTxt |
| Legal Fees | $26,116 | LegalFeesAmt |
| Disbursements Charitable Prps | $26,116 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (2 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| COMMUNITY BANK BONDS | $1,350,000 | $1,350,000 | $1,350,000 |
| ACCRUED INCOME | $386,948 | $359,313 | $359,313 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail (2 entries)
| DescDesc | AmtAmt |
|---|---|
| WASH SALE ADJUSTMENT | $42,628 |
| GRANT TIMING ADJUSTMENT | $4,676,116 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (9 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| SOFTWARE FEES | $194,511 | $0 | $194,511 |
| MEMBERSHIP DUES | $25,000 | $0 | $25,000 |
| STATE FILING FEES | $50 | $0 | $50 |
| CHARITIES AID FOUNDATION AMERI | $41,150 | $0 | $41,150 |
| CYBERGRANTS, LLC | $361,230 | $0 | $361,230 |
| MISC TRUST EXPENSES | $60,419 | $0 | $60,419 |
| CARLSON SCHOOL GROWTH FUND | $73,005 | $73,005 | $0 |
| CARLSON SCHOOL FIXED INCOME FU | $16,141 | $16,141 | $0 |
| BANK SERVICE FEES | $13,949 | $0 | $13,949 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (4 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| FEDERAL TAX REFUND | $33,613 | $0 |
| CARLSON SCHOOL GROWTH FUND | -$16,534 | -$16,534 |
| CARLSON SCHOOL FIXED INCOME | $39,261 | $39,261 |
| STATE REFUNDS | $100 | $0 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail (4 entries)
| DescDesc | AmtAmt |
|---|---|
| PAYROLL TIMING ADJUSTMENT | $660,772 |
| FMV OVER BV OF ASSETS DISTRIBUTED | $4,456,973 |
| PARTNERSHIP NI ADJUSTMENT | $66,419 |
| COST BASIS ADJUSTMENT | $76,871 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| FEDERAL TAX PAYMENT - PRIOR YE | $15,087 | $0 | $0 |
| FEDERAL ESTIMATES - PRINCIPAL | $64,288 | $0 | $0 |
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