﻿<?xml version="1.0" encoding="utf-8"?>
<Return returnVersion="2016v3.0" xmlns="http://www.irs.gov/efile" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance">
  <ReturnHeader binaryAttachmentCnt="0">
    <ReturnTs>2017-05-08T12:02:46-05:00</ReturnTs>
    <TaxPeriodEndDt>2016-12-31</TaxPeriodEndDt>
    <PreparerFirmGrp>
      <PreparerFirmEIN>410978542</PreparerFirmEIN>
      <PreparerFirmName>
        <BusinessNameLine1Txt>HOFFMAN &amp; BROBST PLLP</BusinessNameLine1Txt>
      </PreparerFirmName>
      <PreparerUSAddress>
        <AddressLine1Txt>PO BOX 548</AddressLine1Txt>
        <CityNm>MARSHALL</CityNm>
        <StateAbbreviationCd>MN</StateAbbreviationCd>
        <ZIPCd>56258</ZIPCd>
      </PreparerUSAddress>
    </PreparerFirmGrp>
    <ReturnTypeCd>990PF</ReturnTypeCd>
    <TaxPeriodBeginDt>2016-01-01</TaxPeriodBeginDt>
    <Filer>
      <EIN>326182936</EIN>
      <BusinessName>
        <BusinessNameLine1Txt>THE CARR FAMILY FOUNDATION</BusinessNameLine1Txt>
      </BusinessName>
      <BusinessNameControlTxt>CARR</BusinessNameControlTxt>
      <PhoneNum>5075322291</PhoneNum>
      <USAddress>
        <AddressLine1Txt>PO BOX 1215</AddressLine1Txt>
        <CityNm>MARSHALL</CityNm>
        <StateAbbreviationCd>MN</StateAbbreviationCd>
        <ZIPCd>56258</ZIPCd>
      </USAddress>
    </Filer>
    <BusinessOfficerGrp>
      <PersonNm>JAMES CARR</PersonNm>
      <PersonTitleTxt>TRUSTEE</PersonTitleTxt>
      <PhoneNum>5075322291</PhoneNum>
      <SignatureDt>2017-05-04</SignatureDt>
      <DiscussWithPaidPreparerInd>true</DiscussWithPaidPreparerInd>
    </BusinessOfficerGrp>
    <PreparerPersonGrp>
      <PreparerPersonNm>BARRY EVENSTAD CPA</PreparerPersonNm>
      <PTIN>P00121807</PTIN>
      <PhoneNum>5075325735</PhoneNum>
      <PreparationDt>2017-05-05</PreparationDt>
    </PreparerPersonGrp>
    <FilingSecurityInformation>
      <AtSubmissionCreationDeviceId>C6B9AF5E5AE9B5217F9F638E28291ED56FAEE871</AtSubmissionCreationDeviceId>
      <AtSubmissionFilingDeviceId>E288604563F144EF1CF3AFFC64FF472FEF549F72</AtSubmissionFilingDeviceId>
    </FilingSecurityInformation>
    <TaxYr>2016</TaxYr>
    <BuildTS>2021-01-29 14:40:06Z</BuildTS>
  </ReturnHeader>
  <ReturnData documentCnt="5">
    <IRS990PF documentId="RetDoc1">
      <Organization501c3ExemptPFInd>X</Organization501c3ExemptPFInd>
      <FMVAssetsEOYAmt>2559280</FMVAssetsEOYAmt>
      <MethodOfAccountingCashInd>X</MethodOfAccountingCashInd>
      <AnalysisOfRevenueAndExpenses>
        <ScheduleBNotRequiredInd>X</ScheduleBNotRequiredInd>
        <InterestOnSavRevAndExpnssAmt>92</InterestOnSavRevAndExpnssAmt>
        <InterestOnSavNetInvstIncmAmt>92</InterestOnSavNetInvstIncmAmt>
        <DividendsRevAndExpnssAmt>37007</DividendsRevAndExpnssAmt>
        <DividendsNetInvstIncmAmt>37007</DividendsNetInvstIncmAmt>
        <NetGainSaleAstRevAndExpnssAmt>27659</NetGainSaleAstRevAndExpnssAmt>
        <GrossSalesPriceAmt>27659</GrossSalesPriceAmt>
        <CapGainNetIncmNetInvstIncmAmt>27659</CapGainNetIncmNetInvstIncmAmt>
        <TotalRevAndExpnssAmt>64758</TotalRevAndExpnssAmt>
        <TotalNetInvstIncmAmt>64758</TotalNetInvstIncmAmt>
        <AccountingFeesRevAndExpnssAmt referenceDocumentId="RetDoc2">740</AccountingFeesRevAndExpnssAmt>
        <AccountingFeesNetInvstIncmAmt>740</AccountingFeesNetInvstIncmAmt>
        <TaxesRevAndExpnssAmt referenceDocumentId="RetDoc5">706</TaxesRevAndExpnssAmt>
        <TaxesNetInvstIncmAmt>706</TaxesNetInvstIncmAmt>
        <TotOprExpensesRevAndExpnssAmt>1446</TotOprExpensesRevAndExpnssAmt>
        <TotOprExpensesNetInvstIncmAmt>1446</TotOprExpensesNetInvstIncmAmt>
        <TotOprExpensesDsbrsChrtblAmt>0</TotOprExpensesDsbrsChrtblAmt>
        <ContriPaidRevAndExpnssAmt>155840</ContriPaidRevAndExpnssAmt>
        <ContriPaidDsbrsChrtblAmt>155840</ContriPaidDsbrsChrtblAmt>
        <TotalExpensesRevAndExpnssAmt>157286</TotalExpensesRevAndExpnssAmt>
        <TotalExpensesNetInvstIncmAmt>1446</TotalExpensesNetInvstIncmAmt>
        <TotalExpensesDsbrsChrtblAmt>155840</TotalExpensesDsbrsChrtblAmt>
        <ExcessRevenueOverExpensesAmt>-92528</ExcessRevenueOverExpensesAmt>
        <NetInvestmentIncomeAmt>63312</NetInvestmentIncomeAmt>
      </AnalysisOfRevenueAndExpenses>
      <Form990PFBalanceSheetsGrp>
        <CashBOYAmt>947232</CashBOYAmt>
        <CashEOYAmt>793495</CashEOYAmt>
        <CashEOYFMVAmt>793495</CashEOYFMVAmt>
        <AcctRcvblAmt>3827</AcctRcvblAmt>
        <AcctRcvblEOYAmt>3827</AcctRcvblEOYAmt>
        <AcctRcvblEOYFMVAmt>3827</AcctRcvblEOYFMVAmt>
        <CorporateStockBOYAmt>1049814</CorporateStockBOYAmt>
        <CorporateStockEOYAmt referenceDocumentId="RetDoc3">1078794</CorporateStockEOYAmt>
        <CorporateStockEOYFMVAmt>1191605</CorporateStockEOYFMVAmt>
        <OtherInvestmentsBOYAmt>554862</OtherInvestmentsBOYAmt>
        <OtherInvestmentsEOYAmt referenceDocumentId="RetDoc4">583264</OtherInvestmentsEOYAmt>
        <OtherInvestmentsEOYFMVAmt>570353</OtherInvestmentsEOYFMVAmt>
        <TotalAssetsBOYAmt>2551908</TotalAssetsBOYAmt>
        <TotalAssetsEOYAmt>2459380</TotalAssetsEOYAmt>
        <TotalAssetsEOYFMVAmt>2559280</TotalAssetsEOYFMVAmt>
        <TotalLiabilitiesEOYAmt>0</TotalLiabilitiesEOYAmt>
        <OrganizationFollowsSFAS117Ind>X</OrganizationFollowsSFAS117Ind>
        <UnrestrictedBOYAmt>2551908</UnrestrictedBOYAmt>
        <UnrestrictedEOYAmt>2459380</UnrestrictedEOYAmt>
        <TotNetAstOrFundBalancesBOYAmt>2551908</TotNetAstOrFundBalancesBOYAmt>
        <TotNetAstOrFundBalancesEOYAmt>2459380</TotNetAstOrFundBalancesEOYAmt>
        <TotalLiabilitiesNetAstBOYAmt>2551908</TotalLiabilitiesNetAstBOYAmt>
        <TotalLiabilitiesNetAstEOYAmt>2459380</TotalLiabilitiesNetAstEOYAmt>
      </Form990PFBalanceSheetsGrp>
      <ChgInNetAssetsFundBalancesGrp>
        <TotNetAstOrFundBalancesBOYAmt>2551908</TotNetAstOrFundBalancesBOYAmt>
        <ExcessRevenueOverExpensesAmt>-92528</ExcessRevenueOverExpensesAmt>
        <SubtotalAmt>2459380</SubtotalAmt>
        <TotNetAstOrFundBalancesEOYAmt>2459380</TotNetAstOrFundBalancesEOYAmt>
      </ChgInNetAssetsFundBalancesGrp>
      <CapGainsLossTxInvstIncmDetail>
        <CapitalGainNetIncomeAmt>27659</CapitalGainNetIncomeAmt>
      </CapGainsLossTxInvstIncmDetail>
      <QlfyUndSect4940eReducedTaxGrp>
        <LiableSection4942TaxInd>false</LiableSection4942TaxInd>
        <AdjustedQlfyDistriYr1Amt>1173123</AdjustedQlfyDistriYr1Amt>
        <NetVlNoncharitableAssetsYr1Amt>1672058</NetVlNoncharitableAssetsYr1Amt>
        <DistributionYr1Rt>0.701604</DistributionYr1Rt>
        <AdjustedQlfyDistriYr2Amt>548441</AdjustedQlfyDistriYr2Amt>
        <NetVlNoncharitableAssetsYr2Amt>1074429</NetVlNoncharitableAssetsYr2Amt>
        <DistributionYr2Rt>0.510449</DistributionYr2Rt>
        <AdjustedQlfyDistriYr3Amt>120294</AdjustedQlfyDistriYr3Amt>
        <NetVlNoncharitableAssetsYr3Amt>842604</NetVlNoncharitableAssetsYr3Amt>
        <DistributionYr3Rt>0.142765</DistributionYr3Rt>
        <AdjustedQlfyDistriYr4Amt>18099</AdjustedQlfyDistriYr4Amt>
        <NetVlNoncharitableAssetsYr4Amt>626505</NetVlNoncharitableAssetsYr4Amt>
        <DistributionYr4Rt>0.028889</DistributionYr4Rt>
        <NetVlNoncharitableAssetsYr5Amt>43013</NetVlNoncharitableAssetsYr5Amt>
        <TotalDistributionRt>1.383707</TotalDistributionRt>
        <AverageDistributionRt>0.345927</AverageDistributionRt>
        <NetVlNoncharitableAssetsAmt>2581530</NetVlNoncharitableAssetsAmt>
        <AdjNetVlNoncharitableAssetsAmt>893021</AdjNetVlNoncharitableAssetsAmt>
        <NetInvestmentIncomePctAmt>633</NetInvestmentIncomePctAmt>
        <AdjNonchrtblNetInvstIncmPctAmt>893654</AdjNonchrtblNetInvstIncmPctAmt>
        <QualifyingDistributionsAmt>155840</QualifyingDistributionsAmt>
      </QlfyUndSect4940eReducedTaxGrp>
      <ExciseTaxBasedOnInvstIncmGrp>
        <InvestmentIncomeExciseTaxAmt>1266</InvestmentIncomeExciseTaxAmt>
        <SubtotalAmt>1266</SubtotalAmt>
        <TaxBasedOnInvestmentIncomeAmt>1266</TaxBasedOnInvestmentIncomeAmt>
        <BackupWithholdingWithheldAmt>2916</BackupWithholdingWithheldAmt>
        <TotalPaymentsAndCreditsAmt>2916</TotalPaymentsAndCreditsAmt>
        <OverpaymentAmt>1650</OverpaymentAmt>
        <AppliedToESTaxAmt>1650</AppliedToESTaxAmt>
      </ExciseTaxBasedOnInvstIncmGrp>
      <StatementsRegardingActyGrp>
        <LegislativePoliticalActyInd>false</LegislativePoliticalActyInd>
        <MoreThan100SpentInd>false</MoreThan100SpentInd>
        <Form1120POLFiledInd>false</Form1120POLFiledInd>
        <ActivitiesNotPreviouslyRptInd>false</ActivitiesNotPreviouslyRptInd>
        <ChangesToArticlesOrBylawsInd>false</ChangesToArticlesOrBylawsInd>
        <UnrelatedBusIncmOverLimitInd>false</UnrelatedBusIncmOverLimitInd>
        <OrganizationDissolvedEtcInd>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>N/A</WebsiteAddressTxt>
        <PersonsWithBooksName>
          <BusinessNameLine1Txt>KATHY BARTZ</BusinessNameLine1Txt>
        </PersonsWithBooksName>
        <PhoneNum>5075322291</PhoneNum>
        <LocationOfBooksUSAddress>
          <AddressLine1Txt>HIGHWAY 59 NORTH</AddressLine1Txt>
          <CityNm>MARSHALL</CityNm>
          <StateAbbreviationCd>MN</StateAbbreviationCd>
          <ZIPCd>56258</ZIPCd>
        </LocationOfBooksUSAddress>
        <ForeignAccountsQuestionInd>false</ForeignAccountsQuestionInd>
      </StatementsRegardingActyGrp>
      <StatementsRegardingActy4720Grp>
        <SaleOrExchDisqualifiedPrsnInd>false</SaleOrExchDisqualifiedPrsnInd>
        <BrrwOrLendDisqualifiedPrsnInd>false</BrrwOrLendDisqualifiedPrsnInd>
        <FurnGoodsDisqualifiedPrsnInd>false</FurnGoodsDisqualifiedPrsnInd>
        <PayCompDisqualifiedPrsnInd>false</PayCompDisqualifiedPrsnInd>
        <TransferAstDisqualifiedPrsnInd>false</TransferAstDisqualifiedPrsnInd>
        <PaymentToGovernmentOfficialInd>false</PaymentToGovernmentOfficialInd>
        <UndistributedIncomePYInd>false</UndistributedIncomePYInd>
        <BusinessHoldingsInd>false</BusinessHoldingsInd>
        <JeopardyInvestmentsInd>false</JeopardyInvestmentsInd>
        <UncorrectedPYJeopardyInvstInd>false</UncorrectedPYJeopardyInvstInd>
        <InfluenceLegislationInd>false</InfluenceLegislationInd>
        <InfluenceElectionInd>false</InfluenceElectionInd>
        <GrantsToIndividualsInd>false</GrantsToIndividualsInd>
        <GrantsToOrganizationsInd>false</GrantsToOrganizationsInd>
        <NoncharitablePurposeInd>false</NoncharitablePurposeInd>
        <RcvFndsToPayPrsnlBnftCntrctInd>false</RcvFndsToPayPrsnlBnftCntrctInd>
        <PayPremiumsPrsnlBnftCntrctInd>false</PayPremiumsPrsnlBnftCntrctInd>
        <ProhibitedTaxShelterTransInd>false</ProhibitedTaxShelterTransInd>
      </StatementsRegardingActy4720Grp>
      <OfficerDirTrstKeyEmplInfoGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>JAMES CARR</PersonNm>
          <USAddress>
            <AddressLine1Txt>PO BOX 1215</AddressLine1Txt>
            <CityNm>MARSHALL</CityNm>
            <StateAbbreviationCd>MN</StateAbbreviationCd>
            <ZIPCd>56258</ZIPCd>
          </USAddress>
          <TitleTxt>TRUSTEE</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>000.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>PHYLLIS V CARR</PersonNm>
          <USAddress>
            <AddressLine1Txt>PO BOX 409</AddressLine1Txt>
            <CityNm>MARSHALL</CityNm>
            <StateAbbreviationCd>MN</StateAbbreviationCd>
            <ZIPCd>56258</ZIPCd>
          </USAddress>
          <TitleTxt>TRUSTEE</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>000.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <CompOfHghstPdEmplOrNONETxt>NONE</CompOfHghstPdEmplOrNONETxt>
        <CompOfHghstPdCntrctOrNONETxt>NONE</CompOfHghstPdCntrctOrNONETxt>
      </OfficerDirTrstKeyEmplInfoGrp>
      <SumOfProgramRelatedInvstGrp>
        <Description1Txt>N/A</Description1Txt>
      </SumOfProgramRelatedInvstGrp>
      <MinimumInvestmentReturnGrp>
        <AverageMonthlyFMVOfSecAmt>1708257</AverageMonthlyFMVOfSecAmt>
        <AverageMonthlyCashBalancesAmt>912586</AverageMonthlyCashBalancesAmt>
        <FMVAllOtherNoncharitableAstAmt>0</FMVAllOtherNoncharitableAstAmt>
        <TotalFMVOfUnusedAssetsAmt>2620843</TotalFMVOfUnusedAssetsAmt>
        <AdjustedTotalFMVOfUnusedAstAmt>2620843</AdjustedTotalFMVOfUnusedAstAmt>
        <CashDeemedCharitableAmt>39313</CashDeemedCharitableAmt>
        <NetVlNoncharitableAssetsAmt>2581530</NetVlNoncharitableAssetsAmt>
        <MinimumInvestmentReturnAmt>129077</MinimumInvestmentReturnAmt>
      </MinimumInvestmentReturnGrp>
      <DistributableAmountGrp>
        <MinimumInvestmentReturnAmt>129077</MinimumInvestmentReturnAmt>
        <TaxBasedOnInvestmentIncomeAmt>1266</TaxBasedOnInvestmentIncomeAmt>
        <TotalTaxAmt>1266</TotalTaxAmt>
        <DistributableBeforeAdjAmt>127811</DistributableBeforeAdjAmt>
        <DistributableBeforeDedAmt>127811</DistributableBeforeDedAmt>
        <DistributableAsAdjustedAmt>127811</DistributableAsAdjustedAmt>
      </DistributableAmountGrp>
      <QualifyingDistriPartXIIGrp>
        <ExpensesAndContributionsAmt>155840</ExpensesAndContributionsAmt>
        <QualifyingDistributionsAmt>155840</QualifyingDistributionsAmt>
        <AdjustedQualifyingDistriAmt>155840</AdjustedQualifyingDistriAmt>
      </QualifyingDistriPartXIIGrp>
      <UndistributedIncomeGrp>
        <DistributableAsAdjustedAmt>127811</DistributableAsAdjustedAmt>
        <ExcessDistributionCyovYr3Amt>63988</ExcessDistributionCyovYr3Amt>
        <ExcessDistributionCyovYr2Amt>495538</ExcessDistributionCyovYr2Amt>
        <ExcessDistributionCyovYr1Amt>1090800</ExcessDistributionCyovYr1Amt>
        <TotalExcessDistributionCyovAmt>1650326</TotalExcessDistributionCyovAmt>
        <QualifyingDistributionsAmt>155840</QualifyingDistributionsAmt>
        <AppliedToCurrentYearAmt>127811</AppliedToCurrentYearAmt>
        <RemainingDistriFromCorpusAmt>28029</RemainingDistriFromCorpusAmt>
        <TotalCorpusAmt>1678355</TotalCorpusAmt>
        <UndistributedIncomeCYAmt>0</UndistributedIncomeCYAmt>
        <ExcessDistriCyovToNextYrAmt>1678355</ExcessDistriCyovToNextYrAmt>
        <ExcessFromYear3Amt>63988</ExcessFromYear3Amt>
        <ExcessFromYear2Amt>495538</ExcessFromYear2Amt>
        <ExcessFromYear1Amt>1090800</ExcessFromYear1Amt>
        <ExcessFromCurrentYearAmt>28029</ExcessFromCurrentYearAmt>
      </UndistributedIncomeGrp>
      <SupplementaryInformationGrp>
        <OnlyContriToPreselectedInd>X</OnlyContriToPreselectedInd>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>HOUSE OF HOPE MINNESOTA INC</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>1302 PINEHURST</AddressLine1Txt>
            <CityNm>MARSHALL</CityNm>
            <StateAbbreviationCd>MN</StateAbbreviationCd>
            <ZIPCd>56258</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>501-C(3)</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>RESIDENTIAL GROUP HOME FOR GIRLS</GrantOrContributionPurposeTxt>
          <Amt>5000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>PRIDE IN THE TIGER FOUNDATION</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>400 TIGER DRIVE</AddressLine1Txt>
            <CityNm>MARSHALL</CityNm>
            <StateAbbreviationCd>MN</StateAbbreviationCd>
            <ZIPCd>56258</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>501-(C)3</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>PROVIDE 8 SCHOLARSHIPS TO STUDENTS</GrantOrContributionPurposeTxt>
          <Amt>20000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>MARSHALL LYON COUNTY LIBRARY FOUNDA</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>201 C STREET</AddressLine1Txt>
            <CityNm>MARSHALL</CityNm>
            <StateAbbreviationCd>MN</StateAbbreviationCd>
            <ZIPCd>56258</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>501-C-3</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>CONSTRUCT CHILDRENS WING</GrantOrContributionPurposeTxt>
          <Amt>112090</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>MARSHALL HIGH SCHOOL</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>400 TIGER DRIVE</AddressLine1Txt>
            <CityNm>MARSHALL</CityNm>
            <StateAbbreviationCd>MN</StateAbbreviationCd>
            <ZIPCd>56258</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>LOCAL GOV'T</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>SPONSOR SPEECH TEAM</GrantOrContributionPurposeTxt>
          <Amt>9000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>SOUTHWEST INITIATIVE FOUNDATION</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>15 3RD AVE NW</AddressLine1Txt>
            <CityNm>HUTCHINSON</CityNm>
            <StateAbbreviationCd>MN</StateAbbreviationCd>
            <ZIPCd>55350</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>501-C3</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL ENDOWMENT</GrantOrContributionPurposeTxt>
          <Amt>1000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>CHURCH OF ST MARY</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>255 WEST 4TH STREET</AddressLine1Txt>
            <CityNm>COTTONWOOD</CityNm>
            <StateAbbreviationCd>MN</StateAbbreviationCd>
            <ZIPCd>56228</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>CHURCH</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>ANNUAL FUND DRIVE</GrantOrContributionPurposeTxt>
          <Amt>50</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>FOOD 4 KIDS</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>800 SOUTHVIEW CT EAST</AddressLine1Txt>
            <CityNm>MARSHALL</CityNm>
            <StateAbbreviationCd>MN</StateAbbreviationCd>
            <ZIPCd>56258</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>501-C3</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>CHARITABLE PURPOSE</GrantOrContributionPurposeTxt>
          <Amt>7500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>HOPE HARBOR</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>PO BOX 26</AddressLine1Txt>
            <CityNm>MARSHALL</CityNm>
            <StateAbbreviationCd>MN</StateAbbreviationCd>
            <ZIPCd>56258</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>501-C3</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>CHARITABLE PURPOSE</GrantOrContributionPurposeTxt>
          <Amt>100</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>MAYO CLINIC</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>200 FIRST ST SW</AddressLine1Txt>
            <CityNm>ROCHESTER</CityNm>
            <StateAbbreviationCd>MN</StateAbbreviationCd>
            <ZIPCd>55905</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>501-C3</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>RESEARCH</GrantOrContributionPurposeTxt>
          <Amt>100</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>MARSHALL AREA CHRISTIAN SCHOOL</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>PO BOX 751</AddressLine1Txt>
            <CityNm>MARSHALL</CityNm>
            <StateAbbreviationCd>MN</StateAbbreviationCd>
            <ZIPCd>56258</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>501-C3</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>TUITION ASSISTENCE</GrantOrContributionPurposeTxt>
          <Amt>1000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <TotalGrantOrContriPdDurYrAmt>155840</TotalGrantOrContriPdDurYrAmt>
      </SupplementaryInformationGrp>
      <AnalysisIncomeProducingActyGrp>
        <IntOnSavAndTempCashInvstGrp>
          <RelatedOrExemptFunctionIncmAmt>92</RelatedOrExemptFunctionIncmAmt>
        </IntOnSavAndTempCashInvstGrp>
        <DivAndIntFromSecPartVIIGrp>
          <RelatedOrExemptFunctionIncmAmt>37007</RelatedOrExemptFunctionIncmAmt>
        </DivAndIntFromSecPartVIIGrp>
        <GainSalesAstOthThanInvntryGrp>
          <RelatedOrExemptFunctionIncmAmt>27659</RelatedOrExemptFunctionIncmAmt>
        </GainSalesAstOthThanInvntryGrp>
        <SubtotalsIncmProducingActyGrp>
          <RelatedOrExemptFunctionIncmAmt>64758</RelatedOrExemptFunctionIncmAmt>
        </SubtotalsIncmProducingActyGrp>
        <TotalIncomeProducingActyAmt>64758</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="RetDoc2">
      <AccountingFeesDetail>
        <CategoryTxt>TAX PREPARATION</CategoryTxt>
        <Amt>740</Amt>
        <NetInvestmentIncomeAmt>740</NetInvestmentIncomeAmt>
      </AccountingFeesDetail>
    </AccountingFeesSchedule>
    <InvestmentsCorpStockSchedule documentId="RetDoc3">
      <InvestmentsCorporateStockGrp>
        <StockNm>775 CVS CAREMARK</StockNm>
        <EOYBookValueAmt>34316</EOYBookValueAmt>
        <EOYFMVAmt>61155</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>817 CHEVRON CORP</StockNm>
        <EOYBookValueAmt>89649</EOYBookValueAmt>
        <EOYFMVAmt>100255</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>862 FASTENAL CORP</StockNm>
        <EOYBookValueAmt>38457</EOYBookValueAmt>
        <EOYFMVAmt>41603</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>2,459 FREEPORT MCMORAN</StockNm>
        <EOYBookValueAmt>92726</EOYBookValueAmt>
        <EOYFMVAmt>32441</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>3,545 GENERAL ELECTRIC</StockNm>
        <EOYBookValueAmt>63809</EOYBookValueAmt>
        <EOYFMVAmt>115518</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>9,028 ELI LILLY</StockNm>
        <EOYBookValueAmt>631174</EOYBookValueAmt>
        <EOYFMVAmt>682660</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>455 NORFOLK SOUTHERN</StockNm>
        <EOYBookValueAmt>34808</EOYBookValueAmt>
        <EOYFMVAmt>50459</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>331 PHILLIP MORRIS</StockNm>
        <EOYBookValueAmt>29028</EOYBookValueAmt>
        <EOYFMVAmt>31541</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>266 EXXON MOBIL</StockNm>
        <EOYBookValueAmt>19785</EOYBookValueAmt>
        <EOYFMVAmt>24009</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>291 3M</StockNm>
        <EOYBookValueAmt>45042</EOYBookValueAmt>
        <EOYFMVAmt>51964</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
    </InvestmentsCorpStockSchedule>
    <InvestmentsOtherSchedule2 documentId="RetDoc4">
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>MAINSTAYMUTUAL FUNDS</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>142056</BookValueAmt>
        <EOYFMVAmt>147064</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>GROWTH FUND OF AMERICA</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>441208</BookValueAmt>
        <EOYFMVAmt>423289</EOYFMVAmt>
      </InvestmentsOtherGrp>
    </InvestmentsOtherSchedule2>
    <TaxesSchedule documentId="RetDoc5">
      <TaxesDetail>
        <CategoryTxt>IRS</CategoryTxt>
        <Amt>652</Amt>
        <NetInvestmentIncomeAmt>652</NetInvestmentIncomeAmt>
      </TaxesDetail>
      <TaxesDetail>
        <CategoryTxt>FOREIGN TAX PAID</CategoryTxt>
        <Amt>54</Amt>
        <NetInvestmentIncomeAmt>54</NetInvestmentIncomeAmt>
      </TaxesDetail>
    </TaxesSchedule>
  </ReturnData>
</Return>