﻿<?xml version="1.0" encoding="utf-8"?>
<Return xmlns="http://www.irs.gov/efile" xsi:schemaLocation="http://www.irs.gov/efile" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" returnVersion="2024v5.2">
  <ReturnHeader binaryAttachmentCnt="0">
    <ReturnTs>2025-11-14T16:41:11-05:00</ReturnTs>
    <TaxPeriodEndDt>2024-12-31</TaxPeriodEndDt>
    <PreparerFirmGrp>
      <PreparerFirmName>
        <BusinessNameLine1Txt>DELOITTE TAX LLP</BusinessNameLine1Txt>
      </PreparerFirmName>
      <PreparerUSAddress>
        <AddressLine1Txt>50 SOUTH SIXTH ST STE 2800</AddressLine1Txt>
        <CityNm>MINNEAPOLIS</CityNm>
        <StateAbbreviationCd>MN</StateAbbreviationCd>
        <ZIPCd>55402</ZIPCd>
      </PreparerUSAddress>
    </PreparerFirmGrp>
    <ReturnTypeCd>990PF</ReturnTypeCd>
    <TaxPeriodBeginDt>2024-01-01</TaxPeriodBeginDt>
    <Filer>
      <EIN>416028973</EIN>
      <BusinessName>
        <BusinessNameLine1Txt>THE CURTIS L CARLSON FAMILY FOUNDATION</BusinessNameLine1Txt>
      </BusinessName>
      <InCareOfNm>% CARLSON FAMILY OFFICE</InCareOfNm>
      <BusinessNameControlTxt>CURT</BusinessNameControlTxt>
      <PhoneNum>9524045605</PhoneNum>
      <USAddress>
        <AddressLine1Txt>701 CARLSON PKWY Suite 1250</AddressLine1Txt>
        <CityNm>MINNETONKA</CityNm>
        <StateAbbreviationCd>MN</StateAbbreviationCd>
        <ZIPCd>55305</ZIPCd>
      </USAddress>
    </Filer>
    <BusinessOfficerGrp>
      <PersonNm>PATRICK GAGE</PersonNm>
      <PersonTitleTxt>TREASURER</PersonTitleTxt>
      <PhoneNum>9524045636</PhoneNum>
      <SignatureDt>2025-11-14</SignatureDt>
      <DiscussWithPaidPreparerInd>true</DiscussWithPaidPreparerInd>
    </BusinessOfficerGrp>
    <IRSResponsiblePrtyInfoCurrInd>true</IRSResponsiblePrtyInfoCurrInd>
    <PreparerPersonGrp>
      <PreparerPersonNm>SARAH REDDEN</PreparerPersonNm>
      <PTIN>P00898534</PTIN>
      <PhoneNum>6123974000</PhoneNum>
    </PreparerPersonGrp>
    <TaxYr>2024</TaxYr>
    <BuildTS>2025-03-06 01:10:19Z</BuildTS>
  </ReturnHeader>
  <ReturnData documentCnt="10">
    <IRS990PF documentId="IRS990PF">
      <Organization501c3ExemptPFInd>X</Organization501c3ExemptPFInd>
      <FMVAssetsEOYAmt>285651487</FMVAssetsEOYAmt>
      <MethodOfAccountingOtherInd methodOfAccountingOtherDesc="MODIFIED CASH">X</MethodOfAccountingOtherInd>
      <AnalysisOfRevenueAndExpenses>
        <ContriRcvdRevAndExpnssAmt>0</ContriRcvdRevAndExpnssAmt>
        <ScheduleBNotRequiredInd>X</ScheduleBNotRequiredInd>
        <DividendsRevAndExpnssAmt>7446615</DividendsRevAndExpnssAmt>
        <DividendsNetInvstIncmAmt>6347935</DividendsNetInvstIncmAmt>
        <NetGainSaleAstRevAndExpnssAmt>181917</NetGainSaleAstRevAndExpnssAmt>
        <GrossSalesPriceAmt>30184776</GrossSalesPriceAmt>
        <CapGainNetIncmNetInvstIncmAmt>5153771</CapGainNetIncmNetInvstIncmAmt>
        <OtherIncomeNetInvstIncmAmt>-21811</OtherIncomeNetInvstIncmAmt>
        <TotalRevAndExpnssAmt>7628532</TotalRevAndExpnssAmt>
        <TotalNetInvstIncmAmt>11479895</TotalNetInvstIncmAmt>
        <CompOfcrDirTrstRevAndExpnssAmt>430635</CompOfcrDirTrstRevAndExpnssAmt>
        <CompOfcrDirTrstDsbrsChrtblAmt>430635</CompOfcrDirTrstDsbrsChrtblAmt>
        <OthEmplSlrsWgsRevAndExpnssAmt>851749</OthEmplSlrsWgsRevAndExpnssAmt>
        <OthEmplSlrsWgsDsbrsChrtblAmt>851749</OthEmplSlrsWgsDsbrsChrtblAmt>
        <PensionEmplBnftRevAndExpnssAmt>98748</PensionEmplBnftRevAndExpnssAmt>
        <PensionEmplBnftDsbrsChrtblAmt>98748</PensionEmplBnftDsbrsChrtblAmt>
        <LegalFeesRevAndExpnssAmt referenceDocumentId="LegalFeesSch">50848</LegalFeesRevAndExpnssAmt>
        <LegalFeesNetInvstIncmAmt>0</LegalFeesNetInvstIncmAmt>
        <LegalFeesAdjNetIncmAmt>0</LegalFeesAdjNetIncmAmt>
        <LegalFeesDsbrsChrtblAmt>50848</LegalFeesDsbrsChrtblAmt>
        <AccountingFeesRevAndExpnssAmt referenceDocumentId="AccountingFeesSch">33851</AccountingFeesRevAndExpnssAmt>
        <AccountingFeesNetInvstIncmAmt>17937</AccountingFeesNetInvstIncmAmt>
        <AccountingFeesAdjNetIncmAmt>0</AccountingFeesAdjNetIncmAmt>
        <AccountingFeesChrtblPrpsAmt>5979</AccountingFeesChrtblPrpsAmt>
        <OtherProfFeesRevAndExpnssAmt referenceDocumentId="OthProfFeesSch">1162553</OtherProfFeesRevAndExpnssAmt>
        <OtherProfFeesNetInvstIncmAmt>692479</OtherProfFeesNetInvstIncmAmt>
        <OtherProfFeesDsbrsChrtblAmt>436764</OtherProfFeesDsbrsChrtblAmt>
        <InterestNetInvstIncmAmt>350530</InterestNetInvstIncmAmt>
        <TaxesRevAndExpnssAmt referenceDocumentId="TaxesSchedule">185364</TaxesRevAndExpnssAmt>
        <TaxesNetInvstIncmAmt>119302</TaxesNetInvstIncmAmt>
        <TaxesDsbrsChrtblAmt>600</TaxesDsbrsChrtblAmt>
        <TravConfMeetingRevAndExpnssAmt>183512</TravConfMeetingRevAndExpnssAmt>
        <TravConfMeetingDsbrsChrtblAmt>183512</TravConfMeetingDsbrsChrtblAmt>
        <OtherExpensesRevAndExpnssAmt referenceDocumentId="OtherExpensesSch">246731</OtherExpensesRevAndExpnssAmt>
        <OtherExpensesNetInvstIncmAmt>1210158</OtherExpensesNetInvstIncmAmt>
        <OtherExpensesDsbrsChrtblAmt>246731</OtherExpensesDsbrsChrtblAmt>
        <TotOprExpensesRevAndExpnssAmt>3243991</TotOprExpensesRevAndExpnssAmt>
        <TotOprExpensesNetInvstIncmAmt>2390406</TotOprExpensesNetInvstIncmAmt>
        <TotOprExpensesAdjNetIncmAmt>0</TotOprExpensesAdjNetIncmAmt>
        <TotOprExpensesDsbrsChrtblAmt>2305566</TotOprExpensesDsbrsChrtblAmt>
        <ContriPaidRevAndExpnssAmt>10178729</ContriPaidRevAndExpnssAmt>
        <ContriPaidDsbrsChrtblAmt>10178729</ContriPaidDsbrsChrtblAmt>
        <TotalExpensesRevAndExpnssAmt>13422720</TotalExpensesRevAndExpnssAmt>
        <TotalExpensesNetInvstIncmAmt>2390406</TotalExpensesNetInvstIncmAmt>
        <TotalExpensesAdjNetIncmAmt>0</TotalExpensesAdjNetIncmAmt>
        <TotalExpensesDsbrsChrtblAmt>12484295</TotalExpensesDsbrsChrtblAmt>
        <ExcessRevenueOverExpensesAmt>-5794188</ExcessRevenueOverExpensesAmt>
        <NetInvestmentIncomeAmt>9089489</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
      </AnalysisOfRevenueAndExpenses>
      <Form990PFBalanceSheetsGrp>
        <SavAndTempCashInvstBOYAmt>3483604</SavAndTempCashInvstBOYAmt>
        <SavAndTempCashInvstEOYAmt>8586283</SavAndTempCashInvstEOYAmt>
        <SavAndTempCashInvstEOYFMVAmt>8586283</SavAndTempCashInvstEOYFMVAmt>
        <CorporateStockBOYAmt>114498902</CorporateStockBOYAmt>
        <CorporateStockEOYAmt>125769703</CorporateStockEOYAmt>
        <CorporateStockEOYFMVAmt>125769703</CorporateStockEOYFMVAmt>
        <CorporateBondsBOYAmt>42202721</CorporateBondsBOYAmt>
        <CorporateBondsEOYAmt>41982757</CorporateBondsEOYAmt>
        <CorporateBondsEOYFMVAmt>41982757</CorporateBondsEOYFMVAmt>
        <OtherInvestmentsBOYAmt>106847872</OtherInvestmentsBOYAmt>
        <OtherInvestmentsEOYAmt>109312744</OtherInvestmentsEOYAmt>
        <OtherInvestmentsEOYFMVAmt>109312744</OtherInvestmentsEOYFMVAmt>
        <LandBldgEquipCostOrOtherBssAmt>104794</LandBldgEquipCostOrOtherBssAmt>
        <LandBldgEquipAccumDeprecAmt>104794</LandBldgEquipAccumDeprecAmt>
        <TotalAssetsBOYAmt>267033099</TotalAssetsBOYAmt>
        <TotalAssetsEOYAmt>285651487</TotalAssetsEOYAmt>
        <TotalAssetsEOYFMVAmt>285651487</TotalAssetsEOYFMVAmt>
        <TotalLiabilitiesBOYAmt>0</TotalLiabilitiesBOYAmt>
        <TotalLiabilitiesEOYAmt>0</TotalLiabilitiesEOYAmt>
        <OrganizationFollowsFASB117Ind>X</OrganizationFollowsFASB117Ind>
        <NoDonorRstrNetAssestsBOYAmt>267033099</NoDonorRstrNetAssestsBOYAmt>
        <NoDonorRstrNetAssestsEOYAmt>285651487</NoDonorRstrNetAssestsEOYAmt>
        <TotNetAstOrFundBalancesBOYAmt>267033099</TotNetAstOrFundBalancesBOYAmt>
        <TotNetAstOrFundBalancesEOYAmt>285651487</TotNetAstOrFundBalancesEOYAmt>
        <TotalLiabilitiesNetAstBOYAmt>267033099</TotalLiabilitiesNetAstBOYAmt>
        <TotalLiabilitiesNetAstEOYAmt>285651487</TotalLiabilitiesNetAstEOYAmt>
      </Form990PFBalanceSheetsGrp>
      <ChgInNetAssetsFundBalancesGrp>
        <TotNetAstOrFundBalancesBOYAmt>267033099</TotNetAstOrFundBalancesBOYAmt>
        <ExcessRevenueOverExpensesAmt>-5794188</ExcessRevenueOverExpensesAmt>
        <OtherIncreasesAmt referenceDocumentId="OtherIncreasesSch">24412576</OtherIncreasesAmt>
        <SubtotalAmt>285651487</SubtotalAmt>
        <TotNetAstOrFundBalancesEOYAmt>285651487</TotNetAstOrFundBalancesEOYAmt>
      </ChgInNetAssetsFundBalancesGrp>
      <CapGainsLossTxInvstIncmDetail>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>PUBLICLY TRADED SECURITIES</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <SoldDt>2024-12-31</SoldDt>
          <GrossSalesPriceAmt>18209775</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>17373146</CostOrOtherBasisAmt>
          <GainOrLossAmt>836629</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>836629</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>NICO CORPORATION SERIES B-1 PREFERRED</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2022-09-02</AcquiredDt>
          <SoldDt>2024-10-08</SoldDt>
          <GrossSalesPriceAmt>83599</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>94621</CostOrOtherBasisAmt>
          <GainOrLossAmt>-11022</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-11022</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>NICO CORPORATION SERIES A STOCK</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2016-05-03</AcquiredDt>
          <SoldDt>2024-10-08</SoldDt>
          <GrossSalesPriceAmt>1706619</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>1100009</CostOrOtherBasisAmt>
          <GainOrLossAmt>606610</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>606610</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>NICO CORPORATION SERIES B STOCK</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2018-10-23</AcquiredDt>
          <SoldDt>2024-10-08</SoldDt>
          <GrossSalesPriceAmt>291697</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>330158</CostOrOtherBasisAmt>
          <GainOrLossAmt>-38461</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-38461</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>NICO CORPORATION COMMON STOCK</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <SoldDt>2024-10-08</SoldDt>
          <GrossSalesPriceAmt>18485</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>766</CostOrOtherBasisAmt>
          <GainOrLossAmt>17719</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>17719</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>NICO SERIES B-1 PIK</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2022-09-02</AcquiredDt>
          <SoldDt>2024-10-08</SoldDt>
          <GrossSalesPriceAmt>16218</GrossSalesPriceAmt>
          <GainOrLossAmt>16218</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>16218</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>NICO SERIES B PIK</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2018-10-23</AcquiredDt>
          <SoldDt>2024-10-08</SoldDt>
          <GrossSalesPriceAmt>194376</GrossSalesPriceAmt>
          <GainOrLossAmt>194376</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>194376</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>COOPER SQUARE OFFSHORE FUND LTD</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2022-03-29</AcquiredDt>
          <SoldDt>2024-07-25</SoldDt>
          <GrossSalesPriceAmt>4142427</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>5000000</CostOrOtherBasisAmt>
          <GainOrLossAmt>-857573</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-857573</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>OHA EUROPEAN STRATEGIC CREDIT FUND OFFSHORE</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <SoldDt>2024-10-22</SoldDt>
          <GrossSalesPriceAmt>7352</GrossSalesPriceAmt>
          <GainOrLossAmt>7352</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>7352</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>VARDE CREDIT PARTNERS OFFSHORE LTD</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <SoldDt>2024-10-25</SoldDt>
          <GrossSalesPriceAmt>1640100</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>901894</CostOrOtherBasisAmt>
          <GainOrLossAmt>738206</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>738206</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>PRIME FINANCE PARTNERS IV LP</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <SoldDt>2024-10-29</SoldDt>
          <GrossSalesPriceAmt>1641</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>2608</CostOrOtherBasisAmt>
          <GainOrLossAmt>-967</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-967</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>TONKAWA HIGHLAND VI</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <SoldDt>2024-12-31</SoldDt>
          <GrossSalesPriceAmt>8469</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>204807</CostOrOtherBasisAmt>
          <GainOrLossAmt>-196338</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-196338</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>OEP VI SELLING PARTNERSHIP LP</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <SoldDt>2024-12-31</SoldDt>
          <GrossSalesPriceAmt>22996</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>22996</CostOrOtherBasisAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapitalGainNetIncomeAmt>5153771</CapitalGainNetIncomeAmt>
      </CapGainsLossTxInvstIncmDetail>
      <ExciseTaxBasedOnInvstIncmGrp>
        <InvestmentIncomeExciseTaxAmt>126344</InvestmentIncomeExciseTaxAmt>
        <SubtotalAmt>126344</SubtotalAmt>
        <TaxBasedOnInvestmentIncomeAmt>126344</TaxBasedOnInvestmentIncomeAmt>
        <EstimatedPlusOvpmtIncmTxAmt>124372</EstimatedPlusOvpmtIncmTxAmt>
        <ExemptFrgnOrgTaxWthldAtSrceAmt>0</ExemptFrgnOrgTaxWthldAtSrceAmt>
        <ExtsnRequestIncomeTaxPaidAmt>105000</ExtsnRequestIncomeTaxPaidAmt>
        <TotalPaymentsAndCreditsAmt>229372</TotalPaymentsAndCreditsAmt>
        <Form2220AttachedInd referenceDocumentId="IRS2220">X</Form2220AttachedInd>
        <EsPenaltyAmt>496</EsPenaltyAmt>
        <OverpaymentAmt>102532</OverpaymentAmt>
        <AppliedToESTaxAmt>102532</AppliedToESTaxAmt>
      </ExciseTaxBasedOnInvstIncmGrp>
      <StatementsRegardingActyGrp>
        <LegislativePoliticalActyInd referenceDocumentId="BinaryAttach BinaryAttachN1 BinaryAttachN2 BinaryAttachN3">false</LegislativePoliticalActyInd>
        <MoreThan100SpentInd>false</MoreThan100SpentInd>
        <Form1120POLFiledInd>false</Form1120POLFiledInd>
        <ActivitiesNotPreviouslyRptInd>false</ActivitiesNotPreviouslyRptInd>
        <ChangesToArticlesOrBylawsInd referenceDocumentId="BinaryAttach BinaryAttachN1 BinaryAttachN2 BinaryAttachN3">false</ChangesToArticlesOrBylawsInd>
        <UnrelatedBusIncmOverLimitInd>true</UnrelatedBusIncmOverLimitInd>
        <Form990TFiledInd>true</Form990TFiledInd>
        <OrganizationDissolvedEtcInd referenceDocumentId="BinaryAttach BinaryAttachN1 BinaryAttachN2 BinaryAttachN3">false</OrganizationDissolvedEtcInd>
        <Section508eRqrSatisfiedInd>true</Section508eRqrSatisfiedInd>
        <AtLeast5000InAssetsInd>true</AtLeast5000InAssetsInd>
        <OrgReportOrRegisterStateCd>MN</OrgReportOrRegisterStateCd>
        <Form990PFFiledWithAttyGenInd>true</Form990PFFiledWithAttyGenInd>
        <PrivateOperatingFoundationInd>false</PrivateOperatingFoundationInd>
        <NewSubstantialContributorsInd>false</NewSubstantialContributorsInd>
        <OwnControlledEntityInd>false</OwnControlledEntityInd>
        <DonorAdvisedFundInd>false</DonorAdvisedFundInd>
        <ComplyWithPublicInspRqrInd>true</ComplyWithPublicInspRqrInd>
        <WebsiteAddressTxt>carlsonfamilyfoundation.org</WebsiteAddressTxt>
        <PersonsWithBooksName>
          <BusinessNameLine1Txt>CARLSON FAMILY OFFICE</BusinessNameLine1Txt>
        </PersonsWithBooksName>
        <PhoneNum>9524045600</PhoneNum>
        <LocationOfBooksUSAddress>
          <AddressLine1Txt>701 CARLSON PKWY STE 1200</AddressLine1Txt>
          <CityNm>MINNETONKA</CityNm>
          <StateAbbreviationCd>MN</StateAbbreviationCd>
          <ZIPCd>55305</ZIPCd>
        </LocationOfBooksUSAddress>
        <ForeignAccountsQuestionInd>false</ForeignAccountsQuestionInd>
      </StatementsRegardingActyGrp>
      <StatementsRegardingActy4720Grp>
        <SaleOrExchDisqualifiedPrsnInd>false</SaleOrExchDisqualifiedPrsnInd>
        <BrrwOrLendDisqualifiedPrsnInd>false</BrrwOrLendDisqualifiedPrsnInd>
        <FurnGoodsDisqualifiedPrsnInd>true</FurnGoodsDisqualifiedPrsnInd>
        <PayCompDisqualifiedPrsnInd>true</PayCompDisqualifiedPrsnInd>
        <TransferAstDisqualifiedPrsnInd>false</TransferAstDisqualifiedPrsnInd>
        <PaymentToGovernmentOfficialInd>false</PaymentToGovernmentOfficialInd>
        <ActsFailToQlfyAsExceptionsInd>false</ActsFailToQlfyAsExceptionsInd>
        <UncorrectedPriorActsInd>false</UncorrectedPriorActsInd>
        <UndistributedIncomePYInd>false</UndistributedIncomePYInd>
        <BusinessHoldingsInd>true</BusinessHoldingsInd>
        <ExcessBusinessHoldingsInd>false</ExcessBusinessHoldingsInd>
        <JeopardyInvestmentsInd>false</JeopardyInvestmentsInd>
        <UncorrectedPYJeopardyInvstInd>false</UncorrectedPYJeopardyInvstInd>
        <InfluenceLegislationInd>false</InfluenceLegislationInd>
        <InfluenceElectionInd>false</InfluenceElectionInd>
        <GrantsToIndividualsInd>false</GrantsToIndividualsInd>
        <GrantsToOrganizationsInd>true</GrantsToOrganizationsInd>
        <NoncharitablePurposeInd>false</NoncharitablePurposeInd>
        <TransactionsFailToQlfyAsExcInd>false</TransactionsFailToQlfyAsExcInd>
        <MaintainedExpenditureRspnsInd referenceDocumentId="ExpdturResponbltStmt">true</MaintainedExpenditureRspnsInd>
        <RcvFndsToPayPrsnlBnftCntrctInd>false</RcvFndsToPayPrsnlBnftCntrctInd>
        <PayPremiumsPrsnlBnftCntrctInd>false</PayPremiumsPrsnlBnftCntrctInd>
        <ProhibitedTaxShelterTransInd>false</ProhibitedTaxShelterTransInd>
        <SubjToTaxRmnrtnExPrchtPymtInd>false</SubjToTaxRmnrtnExPrchtPymtInd>
      </StatementsRegardingActy4720Grp>
      <OfficerDirTrstKeyEmplInfoGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>BARBARA C GAGE</PersonNm>
          <USAddress>
            <AddressLine1Txt>701 CARLSON PKWY</AddressLine1Txt>
            <CityNm>MINNETONKA</CityNm>
            <StateAbbreviationCd>MN</StateAbbreviationCd>
            <ZIPCd>55305</ZIPCd>
          </USAddress>
          <TitleTxt>TRUSTEE</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>1.0</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>8000</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>MARILYN C NELSON</PersonNm>
          <USAddress>
            <AddressLine1Txt>701 CARLSON PKWY</AddressLine1Txt>
            <CityNm>MINNETONKA</CityNm>
            <StateAbbreviationCd>MN</StateAbbreviationCd>
            <ZIPCd>55305</ZIPCd>
          </USAddress>
          <TitleTxt>TRUSTEE</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>1.0</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>8000</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>WENDY M NELSON</PersonNm>
          <USAddress>
            <AddressLine1Txt>701 CARLSON PKWY</AddressLine1Txt>
            <CityNm>MINNETONKA</CityNm>
            <StateAbbreviationCd>MN</StateAbbreviationCd>
            <ZIPCd>55305</ZIPCd>
          </USAddress>
          <TitleTxt>TRUSTEE</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>1.0</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>8000</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>RICHARD C GAGE</PersonNm>
          <USAddress>
            <AddressLine1Txt>701 CARLSON PKWY</AddressLine1Txt>
            <CityNm>MINNETONKA</CityNm>
            <StateAbbreviationCd>MN</StateAbbreviationCd>
            <ZIPCd>55305</ZIPCd>
          </USAddress>
          <TitleTxt>TRUSTEE</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>1.0</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>8000</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>GEOFFREY C GAGE</PersonNm>
          <USAddress>
            <AddressLine1Txt>701 CARLSON PKWY</AddressLine1Txt>
            <CityNm>MINNETONKA</CityNm>
            <StateAbbreviationCd>MN</StateAbbreviationCd>
            <ZIPCd>55305</ZIPCd>
          </USAddress>
          <TitleTxt>TRUSTEE</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>1.0</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>8000</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>C DAVID NELSON</PersonNm>
          <USAddress>
            <AddressLine1Txt>701 CARLSON PKWY</AddressLine1Txt>
            <CityNm>MINNETONKA</CityNm>
            <StateAbbreviationCd>MN</StateAbbreviationCd>
            <ZIPCd>55305</ZIPCd>
          </USAddress>
          <TitleTxt>SECRETARY</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>40.0</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>334635</CompensationAmt>
          <EmployeeBenefitProgramAmt>25430</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>JULIET JACKSON</PersonNm>
          <USAddress>
            <AddressLine1Txt>701 CARLSON PKWY</AddressLine1Txt>
            <CityNm>MINNETONKA</CityNm>
            <StateAbbreviationCd>MN</StateAbbreviationCd>
            <ZIPCd>55305</ZIPCd>
          </USAddress>
          <TitleTxt>TRUSTEE</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>1.0</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>8000</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>ALEXANDER MURESANU</PersonNm>
          <USAddress>
            <AddressLine1Txt>701 CARLSON PKWY</AddressLine1Txt>
            <CityNm>MINNETONKA</CityNm>
            <StateAbbreviationCd>MN</StateAbbreviationCd>
            <ZIPCd>55305</ZIPCd>
          </USAddress>
          <TitleTxt>TRUSTEE, BOARD CHAIR</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>1.0</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>8000</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>PATRICK GAGE</PersonNm>
          <USAddress>
            <AddressLine1Txt>701 CARLSON PKWY</AddressLine1Txt>
            <CityNm>MINNETONKA</CityNm>
            <StateAbbreviationCd>MN</StateAbbreviationCd>
            <ZIPCd>55305</ZIPCd>
          </USAddress>
          <TitleTxt>TRUSTEE, TREASURER</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>1.0</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>8000</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>EMMA GAGE</PersonNm>
          <USAddress>
            <AddressLine1Txt>701 CARLSON PKWY</AddressLine1Txt>
            <CityNm>MINNETONKA</CityNm>
            <StateAbbreviationCd>MN</StateAbbreviationCd>
            <ZIPCd>55305</ZIPCd>
          </USAddress>
          <TitleTxt>TRUSTEE</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>1.0</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>8000</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>GINA GAGE</PersonNm>
          <USAddress>
            <AddressLine1Txt>701 CARLSON PKWY</AddressLine1Txt>
            <CityNm>MINNETONKA</CityNm>
            <StateAbbreviationCd>MN</StateAbbreviationCd>
            <ZIPCd>55305</ZIPCd>
          </USAddress>
          <TitleTxt>TRUSTEE</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>1.0</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>8000</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>ABIGAIL GAGE</PersonNm>
          <USAddress>
            <AddressLine1Txt>701 CARLSON PKWY</AddressLine1Txt>
            <CityNm>MINNETONKA</CityNm>
            <StateAbbreviationCd>MN</StateAbbreviationCd>
            <ZIPCd>55305</ZIPCd>
          </USAddress>
          <TitleTxt>TRUSTEE</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>1.0</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>8000</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>TENLEY GAGE</PersonNm>
          <USAddress>
            <AddressLine1Txt>701 CARLSON PKWY</AddressLine1Txt>
            <CityNm>MINNETONKA</CityNm>
            <StateAbbreviationCd>MN</StateAbbreviationCd>
            <ZIPCd>55305</ZIPCd>
          </USAddress>
          <TitleTxt>TRUSTEE</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>1.0</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>8000</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <CompensationHighestPaidEmplGrp>
          <PersonNm>ARETHA GREEN-RUPERT</PersonNm>
          <USAddress>
            <AddressLine1Txt>701 CARLSON PKY STE 1250</AddressLine1Txt>
            <CityNm>MINNETONKA</CityNm>
            <StateAbbreviationCd>MN</StateAbbreviationCd>
            <ZIPCd>55305</ZIPCd>
          </USAddress>
          <TitleTxt>PROGRAM DIRECTOR</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>40.0</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>222285</CompensationAmt>
          <EmployeeBenefitsAmt>9180</EmployeeBenefitsAmt>
        </CompensationHighestPaidEmplGrp>
        <CompensationHighestPaidEmplGrp>
          <PersonNm>DANA JENSEN</PersonNm>
          <USAddress>
            <AddressLine1Txt>701 CARLSON PKY STE 1250</AddressLine1Txt>
            <CityNm>MINNETONKA</CityNm>
            <StateAbbreviationCd>MN</StateAbbreviationCd>
            <ZIPCd>55305</ZIPCd>
          </USAddress>
          <TitleTxt>PROGRAM DIRECTOR</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>40.0</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>179932</CompensationAmt>
          <EmployeeBenefitsAmt>31427</EmployeeBenefitsAmt>
        </CompensationHighestPaidEmplGrp>
        <CompensationHighestPaidEmplGrp>
          <PersonNm>NICHOLAS SCHMIDT</PersonNm>
          <USAddress>
            <AddressLine1Txt>701 CARLSON PKY STE 1250</AddressLine1Txt>
            <CityNm>MINNETONKA</CityNm>
            <StateAbbreviationCd>MN</StateAbbreviationCd>
            <ZIPCd>55305</ZIPCd>
          </USAddress>
          <TitleTxt>SR GRANTS MANAGER</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>40.0</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>129170</CompensationAmt>
          <EmployeeBenefitsAmt>5149</EmployeeBenefitsAmt>
        </CompensationHighestPaidEmplGrp>
        <CompensationHighestPaidEmplGrp>
          <PersonNm>JULIE PILARSKI</PersonNm>
          <USAddress>
            <AddressLine1Txt>701 CARLSON PKY STE 1250</AddressLine1Txt>
            <CityNm>MINNETONKA</CityNm>
            <StateAbbreviationCd>MN</StateAbbreviationCd>
            <ZIPCd>55305</ZIPCd>
          </USAddress>
          <TitleTxt>EXECUTIVE ASSISTANT</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>40.0</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>93135</CompensationAmt>
          <EmployeeBenefitsAmt>5285</EmployeeBenefitsAmt>
        </CompensationHighestPaidEmplGrp>
        <CompensationHighestPaidEmplGrp>
          <PersonNm>ELLY KJELDBJERG</PersonNm>
          <USAddress>
            <AddressLine1Txt>701 CARLSON PKY STE 1250</AddressLine1Txt>
            <CityNm>MINNETONKA</CityNm>
            <StateAbbreviationCd>MN</StateAbbreviationCd>
            <ZIPCd>55305</ZIPCd>
          </USAddress>
          <TitleTxt>PROGRAM ASSOCIATE</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>40.0</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>72663</CompensationAmt>
          <EmployeeBenefitsAmt>13650</EmployeeBenefitsAmt>
        </CompensationHighestPaidEmplGrp>
        <OtherEmployeePaidOver50kCnt>0</OtherEmployeePaidOver50kCnt>
        <CompensationOfHghstPdCntrctGrp>
          <BusinessName>
            <BusinessNameLine1Txt>TONKAWA INC</BusinessNameLine1Txt>
          </BusinessName>
          <USAddress>
            <AddressLine1Txt>701 CARLSON PARKWAY SUITE 1200</AddressLine1Txt>
            <CityNm>MINNETONKA</CityNm>
            <StateAbbreviationCd>MN</StateAbbreviationCd>
            <ZIPCd>55305</ZIPCd>
          </USAddress>
          <ServiceTypeTxt>PROFESSIONAL</ServiceTypeTxt>
          <CompensationAmt>1995854</CompensationAmt>
        </CompensationOfHghstPdCntrctGrp>
        <CompensationOfHghstPdCntrctGrp>
          <BusinessName>
            <BusinessNameLine1Txt>ACT RESEARCH</BusinessNameLine1Txt>
          </BusinessName>
          <USAddress>
            <AddressLine1Txt>2038 FORD PKWY 307</AddressLine1Txt>
            <CityNm>ST PAUL</CityNm>
            <StateAbbreviationCd>MN</StateAbbreviationCd>
            <ZIPCd>55116</ZIPCd>
          </USAddress>
          <ServiceTypeTxt>CONSULTING</ServiceTypeTxt>
          <CompensationAmt>119700</CompensationAmt>
        </CompensationOfHghstPdCntrctGrp>
        <CompensationOfHghstPdCntrctGrp>
          <BusinessName>
            <BusinessNameLine1Txt>TAFT STETTINIUS &amp; HOLLISTER LLP</BusinessNameLine1Txt>
          </BusinessName>
          <USAddress>
            <AddressLine1Txt>2200 IDS CENTER 80 S 8TH ST</AddressLine1Txt>
            <CityNm>MINNEAPOLIS</CityNm>
            <StateAbbreviationCd>MN</StateAbbreviationCd>
            <ZIPCd>55402</ZIPCd>
          </USAddress>
          <ServiceTypeTxt>LEGAL</ServiceTypeTxt>
          <CompensationAmt>50848</CompensationAmt>
        </CompensationOfHghstPdCntrctGrp>
        <CompensationOfHghstPdCntrctGrp>
          <BusinessName>
            <BusinessNameLine1Txt>RACIALLY CONSCIOUS COLLABORATION</BusinessNameLine1Txt>
          </BusinessName>
          <USAddress>
            <AddressLine1Txt>158 SHERIDAN AVE N</AddressLine1Txt>
            <CityNm>MINNEAPOLIS</CityNm>
            <StateAbbreviationCd>MN</StateAbbreviationCd>
            <ZIPCd>55412</ZIPCd>
          </USAddress>
          <ServiceTypeTxt>CONSULTING</ServiceTypeTxt>
          <CompensationAmt>91050</CompensationAmt>
        </CompensationOfHghstPdCntrctGrp>
        <ContractorPaidOver50kCnt>0</ContractorPaidOver50kCnt>
      </OfficerDirTrstKeyEmplInfoGrp>
      <SummaryOfDirectChrtblActyGrp>
        <Description1Txt>N/A</Description1Txt>
      </SummaryOfDirectChrtblActyGrp>
      <SumOfProgramRelatedInvstGrp />
      <MinimumInvestmentReturnGrp>
        <AverageMonthlyFMVOfSecAmt>167257033</AverageMonthlyFMVOfSecAmt>
        <AverageMonthlyCashBalancesAmt>4960271</AverageMonthlyCashBalancesAmt>
        <FMVAllOtherNoncharitableAstAmt>107901236</FMVAllOtherNoncharitableAstAmt>
        <TotalFMVOfUnusedAssetsAmt>280118540</TotalFMVOfUnusedAssetsAmt>
        <AcquisitionIndebtednessAmt>0</AcquisitionIndebtednessAmt>
        <AdjustedTotalFMVOfUnusedAstAmt>280118540</AdjustedTotalFMVOfUnusedAstAmt>
        <CashDeemedCharitableAmt>4201778</CashDeemedCharitableAmt>
        <NetVlNoncharitableAssetsAmt>275916762</NetVlNoncharitableAssetsAmt>
        <MinimumInvestmentReturnAmt>13795838</MinimumInvestmentReturnAmt>
      </MinimumInvestmentReturnGrp>
      <DistributableAmountGrp>
        <MinimumInvestmentReturnAmt>13795838</MinimumInvestmentReturnAmt>
        <TaxBasedOnInvestmentIncomeAmt>126344</TaxBasedOnInvestmentIncomeAmt>
        <IncomeTaxAmt>135256</IncomeTaxAmt>
        <TotalTaxAmt>261600</TotalTaxAmt>
        <DistributableBeforeAdjAmt>13534238</DistributableBeforeAdjAmt>
        <DistributableBeforeDedAmt>13534238</DistributableBeforeDedAmt>
        <DistributableAsAdjustedAmt>13534238</DistributableAsAdjustedAmt>
      </DistributableAmountGrp>
      <PFQualifyingDistributionsGrp>
        <ExpensesAndContributionsAmt>12484295</ExpensesAndContributionsAmt>
        <ProgramRelatedInvstTotalAmt>0</ProgramRelatedInvstTotalAmt>
        <CharitableAssetsAcquisPaidAmt>0</CharitableAssetsAcquisPaidAmt>
        <SetAsideSuitabilityTestAmt>0</SetAsideSuitabilityTestAmt>
        <SetAsideCashDistriTestAmt>0</SetAsideCashDistriTestAmt>
        <QualifyingDistributionsAmt>12484295</QualifyingDistributionsAmt>
      </PFQualifyingDistributionsGrp>
      <UndistributedIncomeGrp>
        <DistributableAsAdjustedAmt>13534238</DistributableAsAdjustedAmt>
        <UndistributedIncomePYAmt>8443741</UndistributedIncomePYAmt>
        <PriorYear1Yr>2022</PriorYear1Yr>
        <PriorYear2Yr>2021</PriorYear2Yr>
        <PriorYear3Yr>2020</PriorYear3Yr>
        <ExcessDistributionCyovYr1Amt>0</ExcessDistributionCyovYr1Amt>
        <TotalExcessDistributionCyovAmt>0</TotalExcessDistributionCyovAmt>
        <QualifyingDistributionsAmt>12484295</QualifyingDistributionsAmt>
        <AppliedToYear1Amt>8443741</AppliedToYear1Amt>
        <AppliedToCurrentYearAmt>4040554</AppliedToCurrentYearAmt>
        <RemainingDistriFromCorpusAmt>0</RemainingDistriFromCorpusAmt>
        <ExcessDistriCyovAppCYCorpusAmt>0</ExcessDistriCyovAppCYCorpusAmt>
        <ExcessDistributionCyovAppCYAmt>0</ExcessDistributionCyovAppCYAmt>
        <TotalCorpusAmt>0</TotalCorpusAmt>
        <UndistributedIncomeCYAmt>9493684</UndistributedIncomeCYAmt>
        <ExcessDistriCyovToNextYrAmt>0</ExcessDistriCyovToNextYrAmt>
        <ExcessFromCurrentYearAmt>0</ExcessFromCurrentYearAmt>
      </UndistributedIncomeGrp>
      <PrivateOperatingFoundationsGrp></PrivateOperatingFoundationsGrp>
      <SupplementaryInformationGrp>
        <ContributingManagerNm>CURTIS L CARLSON DECEASED 21999</ContributingManagerNm>
        <ContributingManagerNm>ARLEEN M CARLSON DECEASED 8405</ContributingManagerNm>
        <ShareholderManagerNm>NONE</ShareholderManagerNm>
        <ApplicationSubmissionInfoGrp>
          <RecipientPersonNm>C DAVID NELSON</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>701 CARLSON PKWY STE 1250</AddressLine1Txt>
            <CityNm>MINNETONKA</CityNm>
            <StateAbbreviationCd>MN</StateAbbreviationCd>
            <ZIPCd>55305</ZIPCd>
          </RecipientUSAddress>
          <RecipientPhoneNum>9524045605</RecipientPhoneNum>
          <FormAndInfoAndMaterialsTxt>INFORMATION ON GRANTMAKING PROCESS CAN BE FOUND AT CARLSONFAMILYFOUNDATION.ORG/GRANTMAKING</FormAndInfoAndMaterialsTxt>
          <SubmissionDeadlinesTxt>INFORMATION ON GRANTMAKING PROCESS CAN BE FOUND AT CARLSONFAMILYFOUNDATION.ORG/GRANTMAKING</SubmissionDeadlinesTxt>
          <RestrictionsOnAwardsTxt>INFORMATION ON GRANTMAKING PROCESS CAN BE FOUND AT CARLSONFAMILYFOUNDATION.ORG/GRANTMAKING</RestrictionsOnAwardsTxt>
        </ApplicationSubmissionInfoGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>STATEMENT ATTACHED</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>STATEMENT ATTACHED</AddressLine1Txt>
            <CityNm>MINNETONKA</CityNm>
            <StateAbbreviationCd>MN</StateAbbreviationCd>
            <ZIPCd>55305</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>STATEMENT ATTACHED</GrantOrContributionPurposeTxt>
          <Amt>10178729</Amt>
        </GrantOrContributionPdDurYrGrp>
        <TotalGrantOrContriPdDurYrAmt>10178729</TotalGrantOrContriPdDurYrAmt>
        <GrantOrContriApprvForFutGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>STATEMENT ATTACHED</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>STATEMENT ATTACHED</AddressLine1Txt>
            <CityNm>MINNETONKA</CityNm>
            <StateAbbreviationCd>MN</StateAbbreviationCd>
            <ZIPCd>55305</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>STATEMENT ATTACHED</GrantOrContributionPurposeTxt>
          <Amt>0</Amt>
        </GrantOrContriApprvForFutGrp>
        <TotalGrantOrContriApprvFutAmt>3685500</TotalGrantOrContriApprvFutAmt>
      </SupplementaryInformationGrp>
      <AnalysisIncomeProducingActyGrp>
        <FeesContractsFromGovtAgGrp />
        <MembershipDuesAndAssmntGrp />
        <IntOnSavAndTempCashInvstGrp />
        <DividendsAndInterestFromSecDtl>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>7446615</ExclusionAmt>
        </DividendsAndInterestFromSecDtl>
        <NetRntlIncmReDebtFincdPropGrp />
        <NetRntlIncmReNotDebtFincdProp />
        <NetRentalIncomePersonalPropGrp />
        <OtherInvestmentIncomeGrp />
        <GainSalesAstOthThanInvntryGrp>
          <ExclusionCd>18</ExclusionCd>
          <ExclusionAmt>181917</ExclusionAmt>
        </GainSalesAstOthThanInvntryGrp>
        <NetIncomeLossFromSpecialEvtGrp />
        <GrossProfitLossSlsOfInvntryGrp />
        <OtherRevenueDescribedGrp>
          <Desc>STATE UBIT REFUND</Desc>
          <ExclusionCd>41</ExclusionCd>
        </OtherRevenueDescribedGrp>
        <SubtotalsIncmProducingActyGrp>
          <ExclusionAmt>7628532</ExclusionAmt>
        </SubtotalsIncmProducingActyGrp>
        <TotalIncomeProducingActyAmt>7628532</TotalIncomeProducingActyAmt>
      </AnalysisIncomeProducingActyGrp>
      <TrnsfrTransRlnNonchrtblEOGrp>
        <TrnsfrOfCashToNonchrtblEOInd>false</TrnsfrOfCashToNonchrtblEOInd>
        <TrnsfrOtherAssetNonchrtblEOInd>false</TrnsfrOtherAssetNonchrtblEOInd>
        <SalesOrExchangesOfAssetsInd>false</SalesOrExchangesOfAssetsInd>
        <PurchaseOfAssetsNonchrtblEOInd>false</PurchaseOfAssetsNonchrtblEOInd>
        <RentalOfFacilitiesOthAssetsInd>false</RentalOfFacilitiesOthAssetsInd>
        <ReimbursementArrangementsInd>false</ReimbursementArrangementsInd>
        <LoansOrLoanGuaranteesInd>false</LoansOrLoanGuaranteesInd>
        <PerformanceOfServicesEtcInd>false</PerformanceOfServicesEtcInd>
        <SharingOfFacilitiesEtcInd>false</SharingOfFacilitiesEtcInd>
        <RelationshipsNonchrtblEOInd>false</RelationshipsNonchrtblEOInd>
      </TrnsfrTransRlnNonchrtblEOGrp>
    </IRS990PF>
    <AccountingFeesSchedule documentId="AccountingFeesSch">
      <AccountingFeesDetail>
        <CategoryTxt>DELOITTE &amp; TOUCHE</CategoryTxt>
        <Amt>9935</Amt>
      </AccountingFeesDetail>
      <AccountingFeesDetail>
        <CategoryTxt>RSM</CategoryTxt>
        <Amt>23916</Amt>
        <NetInvestmentIncomeAmt>17937</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>5979</DisbursementsCharitablePrpsAmt>
      </AccountingFeesDetail>
    </AccountingFeesSchedule>
    <DepreciationSchedule documentId="DepreciationSch" />
    <ExpenditureResponsibilityStmt documentId="ExpdturResponbltStmt">
      <ExpenditureResponsibilityGrp>
        <BusinessName>
          <BusinessNameLine1Txt>NORTHSIDE BOXING CLUB</BusinessNameLine1Txt>
        </BusinessName>
        <USAddress>
          <AddressLine1Txt>1704 N 33RD AVE</AddressLine1Txt>
          <CityNm>MINNEAPOLIS</CityNm>
          <StateAbbreviationCd>MN</StateAbbreviationCd>
          <ZIPCd>55412</ZIPCd>
        </USAddress>
        <GrantDt>2024-07-17</GrantDt>
        <GrantAmt>20000</GrantAmt>
        <PurposeOfGrantTxt>MIND, BODY AND SPORT: NORTHSIDE BOXING CLUB PROGRAMS</PurposeOfGrantTxt>
        <ExpendedByGranteeAmt>20000</ExpendedByGranteeAmt>
        <AnyDiversionByGranteeTxt>NO</AnyDiversionByGranteeTxt>
        <DatesOfReportsByGranteeTxt>10/01/2025</DatesOfReportsByGranteeTxt>
        <ResultsOfVerificationTxt>CURTIS L CARLSON FAMILY FOUNDATION REVIEWED THE GRANT REPORT NOTED BUT DID NOT UNDERTAKE ANY VERIFICATION OF THE GRANTEE'S REPORTS AS THERE HAS NOT BEEN ANY REASON TO DOUBT THEIR ACCURACY OR RELIABILITY (REG 53.4945-5(C))</ResultsOfVerificationTxt>
      </ExpenditureResponsibilityGrp>
    </ExpenditureResponsibilityStmt>
    <LegalFeesSchedule documentId="LegalFeesSch">
      <LegalFeesGrp>
        <CategoryTxt>LEGAL FEES</CategoryTxt>
        <LegalFeesAmt>50848</LegalFeesAmt>
        <DisbursementsCharitablePrpsAmt>50848</DisbursementsCharitablePrpsAmt>
      </LegalFeesGrp>
    </LegalFeesSchedule>
    <OtherExpensesSchedule documentId="OtherExpensesSch">
      <OtherExpensesScheduleGrp>
        <Desc>DUES &amp; SUBSCRIPTIONS</Desc>
        <RevenueAndExpensesPerBooksAmt>45154</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>45154</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>TECHNOLOGY/WEBSITE/GRANTS MGMT</Desc>
        <RevenueAndExpensesPerBooksAmt>72932</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>72932</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>POSTAGE &amp; FREIGHT</Desc>
        <RevenueAndExpensesPerBooksAmt>3248</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>3248</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>OFFICE SUPPLIES</Desc>
        <RevenueAndExpensesPerBooksAmt>16937</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>16937</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>COMMUNICATIONS</Desc>
        <RevenueAndExpensesPerBooksAmt>107048</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>107048</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>OTHER EXPENSES</Desc>
        <RevenueAndExpensesPerBooksAmt>1412</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>1412</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>DEDUCTIONS FROM PSHIPS</Desc>
        <NetInvestmentIncomeAmt>1210158</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
    </OtherExpensesSchedule>
    <OtherIncomeSchedule2 documentId="OtherIncomeSch2">
      <OtherIncomeDetail>
        <Desc>OTHER PORTFOLIO INCOME FROM PARTNERSHIPS</Desc>
        <NetInvestmentIncomeAmt>3187</NetInvestmentIncomeAmt>
      </OtherIncomeDetail>
      <OtherIncomeDetail>
        <Desc>OTHER INCOME FROM PARTNERSHIPS</Desc>
        <NetInvestmentIncomeAmt>116864</NetInvestmentIncomeAmt>
      </OtherIncomeDetail>
      <OtherIncomeDetail>
        <Desc>ORDINARY INCOME FROM PARTNERSHIPS</Desc>
        <NetInvestmentIncomeAmt>-162532</NetInvestmentIncomeAmt>
      </OtherIncomeDetail>
      <OtherIncomeDetail>
        <Desc>RENTAL INCOME FROM PARTNERSHIPS</Desc>
        <NetInvestmentIncomeAmt>14987</NetInvestmentIncomeAmt>
      </OtherIncomeDetail>
      <OtherIncomeDetail>
        <Desc>ROYALTY INCOME FROM PARTNERSHIPS</Desc>
        <NetInvestmentIncomeAmt>79</NetInvestmentIncomeAmt>
      </OtherIncomeDetail>
      <OtherIncomeDetail>
        <Desc>CANCELLATION OF DEBT FROM PARTNERSHIPS</Desc>
        <NetInvestmentIncomeAmt>5604</NetInvestmentIncomeAmt>
      </OtherIncomeDetail>
    </OtherIncomeSchedule2>
    <OtherIncreasesSchedule documentId="OtherIncreasesSch">
      <OtherIncreasesDetail>
        <Desc>INCREASE IN UNREALIZED APPRECIATION OF</Desc>
        <Amt>23148351</Amt>
      </OtherIncreasesDetail>
      <OtherIncreasesDetail>
        <Desc>ASSETS</Desc>
        <Amt>0</Amt>
      </OtherIncreasesDetail>
      <OtherIncreasesDetail>
        <Desc>PPA TO UNREALIZED GAINS</Desc>
        <Amt>1264225</Amt>
      </OtherIncreasesDetail>
    </OtherIncreasesSchedule>
    <OtherProfessionalFeesSchedule documentId="OthProfFeesSch">
      <OtherProfessionalFeesDetail>
        <CategoryTxt>TONKAWA INVESTMENT FEES</CategoryTxt>
        <Amt>493868</Amt>
        <NetInvestmentIncomeAmt>493868</NetInvestmentIncomeAmt>
      </OtherProfessionalFeesDetail>
      <OtherProfessionalFeesDetail>
        <CategoryTxt>TONKAWA PROFESSIONAL SERVICES</CategoryTxt>
        <Amt>133241</Amt>
        <NetInvestmentIncomeAmt>99931</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>33310</DisbursementsCharitablePrpsAmt>
      </OtherProfessionalFeesDetail>
      <OtherProfessionalFeesDetail>
        <CategoryTxt>TONKAWA TAX FEES</CategoryTxt>
        <Amt>83275</Amt>
        <NetInvestmentIncomeAmt>37474</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>12491</DisbursementsCharitablePrpsAmt>
      </OtherProfessionalFeesDetail>
      <OtherProfessionalFeesDetail>
        <CategoryTxt>MISC PORTFOLIO &amp; BANK FEES</CategoryTxt>
        <Amt>99477</Amt>
        <NetInvestmentIncomeAmt>61206</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>38271</DisbursementsCharitablePrpsAmt>
      </OtherProfessionalFeesDetail>
      <OtherProfessionalFeesDetail>
        <CategoryTxt>CONSULTING FEES</CategoryTxt>
        <Amt>352692</Amt>
        <DisbursementsCharitablePrpsAmt>352692</DisbursementsCharitablePrpsAmt>
      </OtherProfessionalFeesDetail>
    </OtherProfessionalFeesSchedule>
    <TaxesSchedule documentId="TaxesSchedule">
      <TaxesDetail>
        <CategoryTxt>FEDERAL TAX ON NET INVESTMENT</CategoryTxt>
        <Amt>83000</Amt>
      </TaxesDetail>
      <TaxesDetail>
        <CategoryTxt>STATE FILING FEE</CategoryTxt>
        <Amt>600</Amt>
        <DisbursementsCharitablePrpsAmt>600</DisbursementsCharitablePrpsAmt>
      </TaxesDetail>
      <TaxesDetail>
        <CategoryTxt>FOREIGN TAX WITHHOLDING</CategoryTxt>
        <Amt>98959</Amt>
        <NetInvestmentIncomeAmt>98959</NetInvestmentIncomeAmt>
      </TaxesDetail>
      <TaxesDetail>
        <CategoryTxt>FOREIGN TAX FROM PSHIPS</CategoryTxt>
        <NetInvestmentIncomeAmt>20343</NetInvestmentIncomeAmt>
      </TaxesDetail>
      <TaxesDetail>
        <CategoryTxt>STATE UBIT</CategoryTxt>
        <Amt>2805</Amt>
      </TaxesDetail>
    </TaxesSchedule>
  </ReturnData>
</Return>