﻿<?xml version="1.0" encoding="utf-8"?>
<Return xmlns="http://www.irs.gov/efile" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xsi:schemaLocation="http://www.irs.gov/efile" returnVersion="2012v2.1">
  <ReturnHeader binaryAttachmentCount="0">
    <Timestamp>2013-11-15T11:30:29-06:00</Timestamp>
    <TaxPeriodEndDate>2012-12-31</TaxPeriodEndDate>
    <PreparerFirm>
      <EIN>411504933</EIN>
      <PreparerFirmBusinessName>
        <BusinessNameLine1>CARLSON ADVISORS LLP</BusinessNameLine1>
      </PreparerFirmBusinessName>
      <PreparerFirmUSAddress>
        <AddressLine1>7101 NORTHLAND CIRCLE SUITE 123</AddressLine1>
        <City>MINNEAPOLIS</City>
        <State>MN</State>
        <ZIPCode>55428</ZIPCode>
      </PreparerFirmUSAddress>
    </PreparerFirm>
    <ReturnType>990PF</ReturnType>
    <TaxPeriodBeginDate>2012-01-01</TaxPeriodBeginDate>
    <Filer>
      <EIN>411901660</EIN>
      <Name>
        <BusinessNameLine1>IMPACT FOUNDATION</BusinessNameLine1>
      </Name>
      <NameControl>IMPA</NameControl>
      <Phone>7636890349</Phone>
      <USAddress>
        <AddressLine1>2955 PAULS LAKE ROAD</AddressLine1>
        <City>CAMBRIDGE</City>
        <State>MN</State>
        <ZIPCode>55008</ZIPCode>
      </USAddress>
    </Filer>
    <Officer>
      <Name>ROBERT EASTLUND</Name>
      <Title>PRESIDENT</Title>
      <Phone>7636890349</Phone>
      <DateSigned>2013-08-23</DateSigned>
      <AuthorizeThirdParty>1</AuthorizeThirdParty>
    </Officer>
    <Preparer>
      <Name>ROB YOUNKERS</Name>
      <PTIN>P00323958</PTIN>
      <Phone>7635358150</Phone>
      <DatePrepared>2013-08-15</DatePrepared>
    </Preparer>
    <TaxYear>2012</TaxYear>
    <BuildTS>2016-02-25 16:41:14Z</BuildTS>
  </ReturnHeader>
  <ReturnData documentCount="7">
    <IRS990PF documentId="RetDoc1235000001">
      <AddressChange>X</AddressChange>
      <ExemptPF>X</ExemptPF>
      <FMVAssetsEOY>193486</FMVAssetsEOY>
      <MethodOfAccountingCash>X</MethodOfAccountingCash>
      <AnalysisOfRevenueAndExpenses>
        <ContriReceivedRevAndExpnss>40000</ContriReceivedRevAndExpnss>
        <DividendsRevAndExpnss>1652</DividendsRevAndExpnss>
        <DividendsNetInvstIncm>1652</DividendsNetInvstIncm>
        <DividendsAdjNetIncm>1652</DividendsAdjNetIncm>
        <CapitalGainNetIncmNetInvstIncm>0</CapitalGainNetIncmNetInvstIncm>
        <TotalRevenueAndExpenses>41652</TotalRevenueAndExpenses>
        <TotalNetInvestmentIncome>1652</TotalNetInvestmentIncome>
        <TotalAdjustedNetIncome>1652</TotalAdjustedNetIncome>
        <CompOfcrDirTrstRevAndExpnss>0</CompOfcrDirTrstRevAndExpnss>
        <CompOfcrDirTrstNetInvstIncm>0</CompOfcrDirTrstNetInvstIncm>
        <CompOfcrDirTrstAdjNetIncm>0</CompOfcrDirTrstAdjNetIncm>
        <CompOfcrDirTrstDsbrsChrtblPrps>0</CompOfcrDirTrstDsbrsChrtblPrps>
        <AccountingFeesRevAndExpnss referenceDocumentId="RetDoc2002200001">1525</AccountingFeesRevAndExpnss>
        <AccountingFeesNetInvstIncm>0</AccountingFeesNetInvstIncm>
        <AccountingFeesAdjNetIncm>0</AccountingFeesAdjNetIncm>
        <AccountingFeesDsbrsChrtblPrps>0</AccountingFeesDsbrsChrtblPrps>
        <TaxesRevAndExpnss referenceDocumentId="RetDoc2002500001">2499</TaxesRevAndExpnss>
        <TaxesNetInvstIncm>0</TaxesNetInvstIncm>
        <TaxesAdjNetIncm>0</TaxesAdjNetIncm>
        <TaxesDsbrsChrtblPrps>0</TaxesDsbrsChrtblPrps>
        <OtherExpensesRevAndExpnss referenceDocumentId="RetDoc2003200001">6</OtherExpensesRevAndExpnss>
        <OtherExpensesNetInvstIncm>0</OtherExpensesNetInvstIncm>
        <OtherExpensesAdjNetIncm>0</OtherExpensesAdjNetIncm>
        <OtherExpensesDsbrsChrtblPrps>0</OtherExpensesDsbrsChrtblPrps>
        <TotOprExpensesRevAndExpnss>4030</TotOprExpensesRevAndExpnss>
        <TotOprExpensesNetInvstIncm>0</TotOprExpensesNetInvstIncm>
        <TotOprExpensesAdjNetIncm>0</TotOprExpensesAdjNetIncm>
        <TotOprExpensesDsbrsChrtblPrps>0</TotOprExpensesDsbrsChrtblPrps>
        <ContriGiftsPaidRevAndExpnss>24000</ContriGiftsPaidRevAndExpnss>
        <ContriGiftsPaidDsbrsChrtblPrps>24000</ContriGiftsPaidDsbrsChrtblPrps>
        <TotalExpensesRevAndExpnss>28030</TotalExpensesRevAndExpnss>
        <TotalExpensesNetInvstIncm>0</TotalExpensesNetInvstIncm>
        <TotalExpensesAdjNetIncm>0</TotalExpensesAdjNetIncm>
        <TotalExpensesDsbrsChrtblPrps>24000</TotalExpensesDsbrsChrtblPrps>
        <ExcessOfRevenueOverExpenses>13622</ExcessOfRevenueOverExpenses>
        <NetInvestmentIncome>1652</NetInvestmentIncome>
        <AdjustedNetIncome>1652</AdjustedNetIncome>
      </AnalysisOfRevenueAndExpenses>
      <BalanceSheets>
        <CashBOY>17297</CashBOY>
        <CashEOY>42166</CashEOY>
        <CashEOYFMV>42166</CashEOYFMV>
        <SavingsAndTempCashInvstBOY>505</SavingsAndTempCashInvstBOY>
        <SavingsAndTempCashInvstEOY>0</SavingsAndTempCashInvstEOY>
        <SavingsAndTempCashInvstEOYFMV>0</SavingsAndTempCashInvstEOYFMV>
        <OtherNotesAndLoansReceivable>40000</OtherNotesAndLoansReceivable>
        <AllwncForDbtflAcctOtherRcvbl>0</AllwncForDbtflAcctOtherRcvbl>
        <OtherNotesAndLoansRcvblBOY>80000</OtherNotesAndLoansRcvblBOY>
        <OtherNotesAndLoansRcvblEOY>40000</OtherNotesAndLoansRcvblEOY>
        <OtherNotesAndLoansRcvblEOYFMV>40000</OtherNotesAndLoansRcvblEOYFMV>
        <InvestmentsCorpStockBOY>26202</InvestmentsCorpStockBOY>
        <InvestmentsCorpStockEOY referenceDocumentId="RetDoc2018900001">59870</InvestmentsCorpStockEOY>
        <InvestmentsCorpStockEOYFMV>59870</InvestmentsCorpStockEOYFMV>
        <InvestmentsLandEtcBasis>23901</InvestmentsLandEtcBasis>
        <InvestmentsLandEtcBOY>23901</InvestmentsLandEtcBOY>
        <InvestmentsLandEtcEOY>23901</InvestmentsLandEtcEOY>
        <InvestmentsLandEtcEOYFMV>51450</InvestmentsLandEtcEOYFMV>
        <TotalAssetsBOY>147905</TotalAssetsBOY>
        <TotalAssetsEOY>165937</TotalAssetsEOY>
        <TotalAssetsEOYFMV>193486</TotalAssetsEOYFMV>
        <TotalLiabilitiesBOY>0</TotalLiabilitiesBOY>
        <TotalLiabilitiesEOY>0</TotalLiabilitiesEOY>
        <OrgThatDoNotFollowSFAS117>X</OrgThatDoNotFollowSFAS117>
        <CapitalStockBOY>0</CapitalStockBOY>
        <CapitalStockEOY>0</CapitalStockEOY>
        <PaidInOrCapitalSurplusBOY>0</PaidInOrCapitalSurplusBOY>
        <PaidInOrCapitalSurplusEOY>0</PaidInOrCapitalSurplusEOY>
        <RetainedEarningsBOY>147905</RetainedEarningsBOY>
        <RetainedEarningsEOY>165937</RetainedEarningsEOY>
        <TotalNetAssetsBOY>147905</TotalNetAssetsBOY>
        <TotalNetAssetsEOY>165937</TotalNetAssetsEOY>
        <TotalLiabilitiesNetAssetsBOY>147905</TotalLiabilitiesNetAssetsBOY>
        <TotalLiabilitiesNetAssetsEOY>165937</TotalLiabilitiesNetAssetsEOY>
      </BalanceSheets>
      <ChangesInNetAssetsFundBalances>
        <TotalNetAssetsFundBalancesBOY>147905</TotalNetAssetsFundBalancesBOY>
        <ExcessOfRevenueOverExpenses>13622</ExcessOfRevenueOverExpenses>
        <OtherIncreases referenceDocumentId="RetDoc2049700001">4410</OtherIncreases>
        <Subtotal>165937</Subtotal>
        <OtherDecreases>0</OtherDecreases>
        <TotalNetAssetsFundBalancesEOY>165937</TotalNetAssetsFundBalancesEOY>
      </ChangesInNetAssetsFundBalances>
      <QlfyUndSect4940eForReducedTax>
        <LiableFor4942Tax>0</LiableFor4942Tax>
        <QualifyingDistributionsYear1>35970</QualifyingDistributionsYear1>
        <NoncharitableAssetsYear1>110534</NoncharitableAssetsYear1>
        <DistributionRatioYear1>0.325420</DistributionRatioYear1>
        <QualifyingDistributionsYear2>57752</QualifyingDistributionsYear2>
        <NoncharitableAssetsYear2>158011</NoncharitableAssetsYear2>
        <DistributionRatioYear2>0.365494</DistributionRatioYear2>
        <QualifyingDistributionsYear3>50000</QualifyingDistributionsYear3>
        <NoncharitableAssetsYear3>633236</NoncharitableAssetsYear3>
        <DistributionRatioYear3>0.078960</DistributionRatioYear3>
        <QualifyingDistributionsYear4>54500</QualifyingDistributionsYear4>
        <NoncharitableAssetsYear4>664649</NoncharitableAssetsYear4>
        <DistributionRatioYear4>0.081998</DistributionRatioYear4>
        <QualifyingDistributionsYear5>52000</QualifyingDistributionsYear5>
        <NoncharitableAssetsYear5>691749</NoncharitableAssetsYear5>
        <DistributionRatioYear5>0.075172</DistributionRatioYear5>
        <TotalDistributionRatio>0.927044</TotalDistributionRatio>
        <AverageDistributionRatio>0.185409</AverageDistributionRatio>
        <NetNoncharitableAssets>86097</NetNoncharitableAssets>
        <AdjustedNoncharitableAssets>15963</AdjustedNoncharitableAssets>
        <OnePercentNetInvestmentIncome>17</OnePercentNetInvestmentIncome>
        <AdjNonchrtblAssetsAndOnePct>15980</AdjNonchrtblAssetsAndOnePct>
        <QualifyingDistributions>24000</QualifyingDistributions>
      </QlfyUndSect4940eForReducedTax>
      <ExciseTaxBasedOnInvestmentIncm>
        <DomesticOrgMeetingSect4940e>X</DomesticOrgMeetingSect4940e>
        <InvestmentIncomeExciseTax>17</InvestmentIncomeExciseTax>
        <TaxUnderSection511>0</TaxUnderSection511>
        <Subtotal>17</Subtotal>
        <SubtitleATax>0</SubtitleATax>
        <TaxBasedOnInvestmentIncome>17</TaxBasedOnInvestmentIncome>
        <TaxPaidWithExtension>50</TaxPaidWithExtension>
        <TotalCreditsAndPayments>50</TotalCreditsAndPayments>
        <Overpayment>33</Overpayment>
        <AmountCreditedToNextYear>33</AmountCreditedToNextYear>
        <AmountToBeRefunded>0</AmountToBeRefunded>
      </ExciseTaxBasedOnInvestmentIncm>
      <StatementsRegardingActivities>
        <LegislativePoliticalActivities>0</LegislativePoliticalActivities>
        <MoreThan100Spent>0</MoreThan100Spent>
        <Form1120POLFiled>0</Form1120POLFiled>
        <Sect4955TaxOnOrganization>0</Sect4955TaxOnOrganization>
        <Sect4955TaxOnManagers>0</Sect4955TaxOnManagers>
        <ReimbursementOfTax>0</ReimbursementOfTax>
        <ActivitiesNotPrevReported>0</ActivitiesNotPrevReported>
        <ChangesToArticlesOrBylaws>0</ChangesToArticlesOrBylaws>
        <UnrelatedBusIncomeOver1000>0</UnrelatedBusIncomeOver1000>
        <TerminationEtc>0</TerminationEtc>
        <RequirementsOfSect508e>0</RequirementsOfSect508e>
        <AtLeast5000InAssets>1</AtLeast5000InAssets>
        <StatesFiledWith>MN</StatesFiledWith>
        <Form990PFFiledWithAG>1</Form990PFFiledWithAG>
        <PrivateOperatingFoundation>0</PrivateOperatingFoundation>
        <NewSubstantialContributors>0</NewSubstantialContributors>
        <InterestInControlledEntity>0</InterestInControlledEntity>
        <ApplicableInsuranceContract>0</ApplicableInsuranceContract>
        <ComplyWithPublicInspectionRqr>1</ComplyWithPublicInspectionRqr>
        <WebsiteAddress>N/A</WebsiteAddress>
        <BooksInCareOfPersonName>MARK ANDERSON</BooksInCareOfPersonName>
        <BooksInCareOfPhoneNumber>7636890349</BooksInCareOfPhoneNumber>
        <BooksInCareOfUSAddress>
          <AddressLine1>2955 PAULS LAKE ROAD</AddressLine1>
          <City>CAMBRIDGE</City>
          <State>MN</State>
          <ZIPCode>55040</ZIPCode>
        </BooksInCareOfUSAddress>
        <ForeignBank>0</ForeignBank>
      </StatementsRegardingActivities>
      <StatementsRegardingActy4720>
        <SaleOrExchangeWithDsqflyPerson>0</SaleOrExchangeWithDsqflyPerson>
        <BorrowOrLendWithDsqflyPerson>0</BorrowOrLendWithDsqflyPerson>
        <FurnishedGoodsWithDsqflyPerson>0</FurnishedGoodsWithDsqflyPerson>
        <PayCompensationToDsqflyPerson>0</PayCompensationToDsqflyPerson>
        <TransferAssetsToDsqflyPerson>0</TransferAssetsToDsqflyPerson>
        <PaymentToGovernmentOffical>0</PaymentToGovernmentOffical>
        <UncorrectedPriorActs>0</UncorrectedPriorActs>
        <UndistributedIncomePriorYears>0</UndistributedIncomePriorYears>
        <BusinessHoldings>0</BusinessHoldings>
        <JeopardyInvestments>0</JeopardyInvestments>
        <UncorrectedJeopardyInvestments>0</UncorrectedJeopardyInvestments>
        <InfluenceLegislation>0</InfluenceLegislation>
        <InfluenceElection>0</InfluenceElection>
        <GrantsToIndividuals>0</GrantsToIndividuals>
        <GrantsToOrganizations>0</GrantsToOrganizations>
        <NoncharitablePurpose>0</NoncharitablePurpose>
        <RcvFundsToPayPrsnlBnftContract>0</RcvFundsToPayPrsnlBnftContract>
        <PayPremiumsPrsnlBnftContract>0</PayPremiumsPrsnlBnftContract>
        <ProhibitedTaxShelterTransactn>0</ProhibitedTaxShelterTransactn>
      </StatementsRegardingActy4720>
      <OfcrDirTrusteesKeyEmployeeInfo>
        <OfcrDirTrusteesOrKeyEmployee>
          <PersonName>ROBERT EASTLUND</PersonName>
          <USAddress>
            <AddressLine1>2123 - 305TH AVE NE</AddressLine1>
            <City>ISANTI</City>
            <State>MN</State>
            <ZIPCode>55040</ZIPCode>
          </USAddress>
          <Title>PRESIDENT</Title>
          <AvgHoursPerWkDevotedToPosition>0.00</AvgHoursPerWkDevotedToPosition>
          <Compensation>0</Compensation>
          <ContriToEmplBenefitPlansEtc>0</ContriToEmplBenefitPlansEtc>
          <ExpenseAccountOtherAllowances>0</ExpenseAccountOtherAllowances>
        </OfcrDirTrusteesOrKeyEmployee>
        <OfcrDirTrusteesOrKeyEmployee>
          <PersonName>MARK ANDERSON</PersonName>
          <USAddress>
            <AddressLine1>1613 LAKE JOHANNA BLVD</AddressLine1>
            <City>ARDEN HILLS</City>
            <State>MN</State>
            <ZIPCode>55112</ZIPCode>
          </USAddress>
          <Title>SECRETARY</Title>
          <AvgHoursPerWkDevotedToPosition>0.00</AvgHoursPerWkDevotedToPosition>
          <Compensation>0</Compensation>
          <ContriToEmplBenefitPlansEtc>0</ContriToEmplBenefitPlansEtc>
          <ExpenseAccountOtherAllowances>0</ExpenseAccountOtherAllowances>
        </OfcrDirTrusteesOrKeyEmployee>
        <OfcrDirTrusteesOrKeyEmployee>
          <PersonName>TIMOTHY JOHNSON</PersonName>
          <USAddress>
            <AddressLine1>524 - 10TH AVE SW</AddressLine1>
            <City>ST PAUL</City>
            <State>MN</State>
            <ZIPCode>55112</ZIPCode>
          </USAddress>
          <Title>TREASURER</Title>
          <AvgHoursPerWkDevotedToPosition>0.00</AvgHoursPerWkDevotedToPosition>
          <Compensation>0</Compensation>
          <ContriToEmplBenefitPlansEtc>0</ContriToEmplBenefitPlansEtc>
          <ExpenseAccountOtherAllowances>0</ExpenseAccountOtherAllowances>
        </OfcrDirTrusteesOrKeyEmployee>
        <CompOfHighestPaidEmplNONE>NONE</CompOfHighestPaidEmplNONE>
        <TotNumberOfOthEmplPaidOver50k>0</TotNumberOfOthEmplPaidOver50k>
        <CompOfHghstPaidCntrctNONE>NONE</CompOfHghstPaidCntrctNONE>
        <TotNumberOfCntrctPaidOver50k>0</TotNumberOfCntrctPaidOver50k>
      </OfcrDirTrusteesKeyEmployeeInfo>
      <SumOfProgramRelatedInvestments>
        <Total>0</Total>
      </SumOfProgramRelatedInvestments>
      <MinimumInvestmentReturn>
        <AvgMonthlyFMVOfSecurities>32407</AvgMonthlyFMVOfSecurities>
        <AvgMonthlyCashBalances>3461</AvgMonthlyCashBalances>
        <FMVAllOtherNoncharitableAssets>51540</FMVAllOtherNoncharitableAssets>
        <TotalFMVOfUnusedAssets>87408</TotalFMVOfUnusedAssets>
        <ReductionClaimed>0</ReductionClaimed>
        <AcquisitionIndebtedness>0</AcquisitionIndebtedness>
        <AdjTotalFMVOfUnusedAssets>87408</AdjTotalFMVOfUnusedAssets>
        <CashDeemedCharitable>1311</CashDeemedCharitable>
        <NetNoncharitableAssets>86097</NetNoncharitableAssets>
        <MinimumInvestmentReturn>4305</MinimumInvestmentReturn>
      </MinimumInvestmentReturn>
      <DistributableAmount>
        <MinimumInvestmentReturn>4305</MinimumInvestmentReturn>
        <TaxBasedOnInvestmentIncome>17</TaxBasedOnInvestmentIncome>
        <TotalTax>17</TotalTax>
        <DistributableAmountBeforeAdj>4288</DistributableAmountBeforeAdj>
        <RecoveriesQlfyDistributions>0</RecoveriesQlfyDistributions>
        <DistributableAmountBeforeDed>4288</DistributableAmountBeforeDed>
        <DeductionFrDistributableAmount>0</DeductionFrDistributableAmount>
        <DistributableAmountAsAdjusted>4288</DistributableAmountAsAdjusted>
      </DistributableAmount>
      <QualifyingDistributions>
        <ExpensesAndContributions>24000</ExpensesAndContributions>
        <ProgramRelatedInvestmentsTotal>0</ProgramRelatedInvestmentsTotal>
        <QualifyingDistributions>24000</QualifyingDistributions>
        <OnePctSect4940eOrgNetInvstIncm>17</OnePctSect4940eOrgNetInvstIncm>
        <AdjQualifyingDistributions>23983</AdjQualifyingDistributions>
      </QualifyingDistributions>
      <UndistributedIncome>
        <DistributableAmountAsAdjusted>4288</DistributableAmountAsAdjusted>
        <UndistributedIncomePriorYear>0</UndistributedIncomePriorYear>
        <TotalForPriorYears>0</TotalForPriorYears>
        <ExcessDistriCarryoverYear5>19165</ExcessDistriCarryoverYear5>
        <ExcessDistriCarryoverYear4>21405</ExcessDistriCarryoverYear4>
        <ExcessDistriCarryoverYear3>18448</ExcessDistriCarryoverYear3>
        <ExcessDistriCarryoverYear2>49947</ExcessDistriCarryoverYear2>
        <ExcessDistriCarryoverYear1>30503</ExcessDistriCarryoverYear1>
        <TotalExcessDistriCarryover>139468</TotalExcessDistriCarryover>
        <QualifyingDistributions>24000</QualifyingDistributions>
        <AppliedToYear1>0</AppliedToYear1>
        <AppliedToPriorYears>0</AppliedToPriorYears>
        <TreatedAsDistriFromCorpus>0</TreatedAsDistriFromCorpus>
        <AppliedToCurrentYear>4288</AppliedToCurrentYear>
        <RemainingDistriFromCorpus>19712</RemainingDistriFromCorpus>
        <ExcessDistriCyovAppCYCorpus>0</ExcessDistriCyovAppCYCorpus>
        <ExcessDistriCyovAppliedCY>0</ExcessDistriCyovAppliedCY>
        <TotalCorpus>159180</TotalCorpus>
        <PriorYearUndistributedIncome>0</PriorYearUndistributedIncome>
        <PriorYearDeficiencyOrTax>0</PriorYearDeficiencyOrTax>
        <TaxableAmount1>0</TaxableAmount1>
        <TaxableAmount2>0</TaxableAmount2>
        <UndistributedIncomeCY>0</UndistributedIncomeCY>
        <DistriFromCorpus170b1EOr4942g3>0</DistriFromCorpus170b1EOr4942g3>
        <ExcessDistriCyovFromYear5>19165</ExcessDistriCyovFromYear5>
        <ExcessDistriCyovToNextYear>140015</ExcessDistriCyovToNextYear>
        <ExcessFromYear4>21405</ExcessFromYear4>
        <ExcessFromYear3>18448</ExcessFromYear3>
        <ExcessFromYear2>49947</ExcessFromYear2>
        <ExcessFromYear1>30503</ExcessFromYear1>
        <ExcessFromCurrentYear>19712</ExcessFromCurrentYear>
      </UndistributedIncome>
      <SupplementaryInformation>
        <AppicationSubmissionInfo>
          <RecipientName>TIMOTHY JOHNSON</RecipientName>
          <RecipientUSAddress>
            <AddressLine1>355 S GARFIELD ST</AddressLine1>
            <City>CAMBRIDGE</City>
            <State>MN</State>
            <ZIPCode>55008</ZIPCode>
          </RecipientUSAddress>
          <RecipientPhoneNumber>7636894605</RecipientPhoneNumber>
          <FormAndInfoAndMaterials>APPLICANTS SHOULD SUBMIT A BRIEF RESUME OF ACADEMIC QUALIFICATIONS. FOR RESEARCH GRANTS, INCLUDE AN OUTLINE OF THE PROPOSED INVESTIGATION ALONG WITH A PROPOSED BUDGET.</FormAndInfoAndMaterials>
          <SubmissionDeadlines>NONE</SubmissionDeadlines>
          <RestrictionsOnAwards>NONE</RestrictionsOnAwards>
        </AppicationSubmissionInfo>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>MINNESOTA FAMILY INSTITUTE</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>2855 ANTHONY LANE S SUITE 150</AddressLine1>
            <City>MINNEAPOLIS</City>
            <State>MN</State>
            <ZIPCode>55418</ZIPCode>
          </RecipientUSAddress>
          <PurposeOfGrantOrContribution>FAMILY RELIGIOUS MINISTRY</PurposeOfGrantOrContribution>
          <Amount>9000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>READ MINISTRIES</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>1001 HWY 95 E SUITE 169</AddressLine1>
            <City>CAMBRIDGE</City>
            <State>MN</State>
            <ZIPCode>55008</ZIPCode>
          </RecipientUSAddress>
          <PurposeOfGrantOrContribution>UKRAINE RELIGIOUS MINISTRY</PurposeOfGrantOrContribution>
          <Amount>15000</Amount>
        </GrantOrContriPaidDuringYear>
        <TotGrantOrContriPaidDuringYear>24000</TotGrantOrContriPaidDuringYear>
        <TotGrantOrContriApprovedFuture>0</TotGrantOrContriApprovedFuture>
      </SupplementaryInformation>
      <AnalysisIncomeProducingActy>
        <DividendsAndIntFromSecPartVII>
          <ExclusionCode>14</ExclusionCode>
          <ExclusionAmount>1652</ExclusionAmount>
        </DividendsAndIntFromSecPartVII>
        <SubtotalsPartXVIA>
          <UnrelatedBusinessIncomeAmount>0</UnrelatedBusinessIncomeAmount>
          <ExclusionAmount>1652</ExclusionAmount>
          <RelatedOrExemptFunctionIncome>0</RelatedOrExemptFunctionIncome>
        </SubtotalsPartXVIA>
        <TotalPartXVIA>1652</TotalPartXVIA>
      </AnalysisIncomeProducingActy>
      <TrnsfrTrRlnWithNoncharitableEO>
        <TrnsfrOfCashToNoncharitableEO>0</TrnsfrOfCashToNoncharitableEO>
        <TrnsfrOthAssetsNoncharitableEO>0</TrnsfrOthAssetsNoncharitableEO>
        <SalesOrExchangesOfAssets>0</SalesOrExchangesOfAssets>
        <PurchaseAssetsNoncharitableEO>0</PurchaseAssetsNoncharitableEO>
        <RentalOfFacilitiesEtc>0</RentalOfFacilitiesEtc>
        <ReimbursementArrangements>0</ReimbursementArrangements>
        <LoansOrLoanGuarantees>0</LoansOrLoanGuarantees>
        <PerformanceOfServicesEtc>0</PerformanceOfServicesEtc>
        <SharingOfFacilitiesEtc>0</SharingOfFacilitiesEtc>
        <RelationshipsNoncharitableEOs>0</RelationshipsNoncharitableEOs>
      </TrnsfrTrRlnWithNoncharitableEO>
    </IRS990PF>
    <IRS990ScheduleB documentId="RetDoc1234500001">
      <Organization501c3ExemptPF>X</Organization501c3ExemptPF>
      <GeneralRule>X</GeneralRule>
      <ContributorInfo>
        <ContributorNumber>1</ContributorNumber>
        <ContributorNameIndividual>GWJ SVJ CHARITABLE LEAD ANNUITY TRU</ContributorNameIndividual>
        <ContributorAddressUS>
          <AddressLine1>355 GARFIELD STREET</AddressLine1>
          <City>CAMBRIDGE</City>
          <State>MN</State>
          <ZIPCode>55008</ZIPCode>
        </ContributorAddressUS>
        <AggregateContributions>40000</AggregateContributions>
        <PersonContributionType>X</PersonContributionType>
      </ContributorInfo>
    </IRS990ScheduleB>
    <AccountingFeesSchedule documentId="RetDoc2002200001">
      <AccountingFees>
        <Category>LEGAL AND ACCOUNTING FEES</Category>
        <Amount>1525</Amount>
        <NetInvestmentIncome>0</NetInvestmentIncome>
        <AdjustedNetIncome>0</AdjustedNetIncome>
        <DisbursementsCharitablePrps>0</DisbursementsCharitablePrps>
      </AccountingFees>
    </AccountingFeesSchedule>
    <InvestmentsCorpStockSchedule documentId="RetDoc2018900001">
      <InvestmentsCorpStock>
        <EOYBookValue>59870</EOYBookValue>
        <EOYFMV>59870</EOYFMV>
      </InvestmentsCorpStock>
    </InvestmentsCorpStockSchedule>
    <OtherExpensesSchedule documentId="RetDoc2003200001">
      <OtherExpenses>
        <Description>BANK CHARGES</Description>
        <RevenueAndExpensesPerBooks>6</RevenueAndExpensesPerBooks>
        <NetInvestmentIncome>0</NetInvestmentIncome>
        <AdjustedNetIncome>0</AdjustedNetIncome>
        <DisbursementsCharitablePrps>0</DisbursementsCharitablePrps>
      </OtherExpenses>
    </OtherExpensesSchedule>
    <OtherIncreasesSchedule documentId="RetDoc2049700001">
      <OtherIncreases>
        <Description>UNREALIZED GAIN ON INVESTMENTS</Description>
        <Amount>4410</Amount>
      </OtherIncreases>
    </OtherIncreasesSchedule>
    <TaxesSchedule documentId="RetDoc2002500001">
      <Taxes>
        <Category>REAL ESTATE TAXES</Category>
        <Amount>2499</Amount>
        <NetInvestmentIncome>0</NetInvestmentIncome>
        <AdjustedNetIncome>0</AdjustedNetIncome>
        <DisbursementsCharitablePrps>0</DisbursementsCharitablePrps>
      </Taxes>
    </TaxesSchedule>
  </ReturnData>
</Return>