CHARLSON FOUNDATION: Form 990PF, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- CHARLSON FOUNDATION (EIN 41-1313302)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-04-16
- IRS object ID
- 202401079349100315
- Schema version
- 2023v5.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990-PF
- Investments Corp Stock Schedule
- Investments Govt Obligations Sch
- Land Etc Schedule2
- Legal Fees Schedule
- Other Assets Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Increases Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-04-16T06:56:55-07:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2023-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 411313302 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Charlson Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | CHAR | BusinessNameControlTxt |
| Phone | 9529386968 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5275 Edina Industrial Blvd | AddressLine1Txt |
| City | Edina | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 55439 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Leslie Stiles | PersonNm |
| Person Title | President | PersonTitleTxt |
| Signature | 2024-04-16 | SignatureDt |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | Leslie | PersonFirstNm |
| Person Last | Stiles | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (true) | IRSResponsiblePrtyInfoCurrInd |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 0 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Federated Assurance Level | FAL1 | FederatedAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $7,684,592 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $20 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $20 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $161,628 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $161,628 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $418,084 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $4,425,509 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $431,657 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $579,732 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $593,305 | TotalNetInvstIncmAmt |
| Legal Fees Rev And Expnss | $1,225 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $123 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $1,102 | LegalFeesDsbrsChrtblAmt |
| Other Prof Fees Rev And Expnss | $31,689 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $31,689 | OtherProfFeesNetInvstIncmAmt |
| Interest Rev And Expnss | $32 | InterestRevAndExpnssAmt |
| Interest Dsbrs Chrtbl | $32 | InterestDsbrsChrtblAmt |
| Taxes Rev And Expnss | $3,204 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $204 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $3,000 | TaxesDsbrsChrtblAmt |
| Occupancy Rev And Expnss | $17,738 | OccupancyRevAndExpnssAmt |
| Occupancy Net Invst Incm | $1,774 | OccupancyNetInvstIncmAmt |
| Occupancy Dsbrs Chrtbl | $15,964 | OccupancyDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $320 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $320 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $6,295 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $599 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $5,696 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $60,503 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $34,389 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $26,114 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $330,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $330,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $390,503 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $34,389 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $356,114 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $189,229 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $558,916 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $21,535 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $62,943 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $62,943 | SavAndTempCashInvstEOYFMVAmt |
| US Government Obligations BOY | $1,759,330 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $3,076,383 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $3,123,754 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $4,635,390 | CorporateStockBOYAmt |
| Corporate Stock EOY | $3,026,542 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $4,497,021 | CorporateStockEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $8,996 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $8,996 | LandBldgEquipAccumDeprecAmt |
| Other Assets BOY | $874 | OtherAssetsBOYAmt |
| Other Assets EOY | $874 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $874 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $6,417,129 | TotalAssetsBOYAmt |
| Total Assets EOY | $6,166,742 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $7,684,592 | TotalAssetsEOYFMVAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $6,417,129 | RetainedEarningBOYAmt |
| Retained Earning EOY | $6,166,742 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $6,417,129 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $6,166,742 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $6,417,129 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $6,166,742 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $6,417,129 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $189,229 | ExcessRevenueOverExpensesAmt |
| Other Increases | $13,573 | OtherIncreasesAmt |
| Subtotal | $6,619,931 | SubtotalAmt |
| Other Decreases | $453,189 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $6,166,742 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (21 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| MS6688 AB Strategic - Short Term Cov | P | 2023-01-01 | 2023-12-31 | $402,547 | $394,051 | $8,496 | $8,496 |
| MS6688 AB Strategic - ST Wash Sale Only | P | 2023-01-01 | 2023-12-31 | $65,772 | $66,606 | -$834 | -$834 |
| MS6688 Ab Strategic - Long Term Cov | P | 2022-01-01 | 2023-12-31 | $716,593 | $729,597 | -$13,004 | -$13,004 |
| MS6688 Ab Strategic - Market Discount | P | 2023-01-01 | 2023-12-31 | $337 | -$337 | -$337 | |
| MS9286 Cambiar - Short Term Cov | P | 2023-01-01 | 2023-12-31 | $166,860 | $150,596 | $16,264 | $16,264 |
| MS9286 Cambiar - ST Wash Sale Only | P | 2023-01-01 | 2023-12-31 | $10,670 | $11,979 | -$1,309 | -$1,309 |
| MS9286 Cambiar - Cap Gain Distribution | P | 2022-12-29 | 2023-12-29 | $13 | $13 | $13 | |
| MS9286 Cambiar - Long Term Cov | P | 2022-01-01 | 2023-12-31 | $299,878 | $244,119 | $55,759 | $55,759 |
| MS9286 Cambiar - LT Wash Sale Only | P | 2022-01-01 | 2023-12-31 | $1,732 | $1,852 | -$120 | -$120 |
| MS2570 Clearbridge Appr - Short Term Cov | P | 2023-01-01 | 2023-12-31 | $1,857 | $1,987 | -$130 | -$130 |
| MS2570 Clearbridge Appr - Long Term Cov | P | 2022-01-01 | 2023-12-31 | $63,035 | $66,617 | -$3,582 | -$3,582 |
| MS0611 Clearbrdg Emerg - Short Term Cov | P | 2023-01-01 | 2023-12-31 | $529,027 | $497,164 | $31,863 | $31,863 |
| MS0611 Clrbrg Emerg - ST Wash Sale Only | P | 2023-01-01 | 2023-12-31 | $1,900 | $1,910 | -$10 | -$10 |
| MS0611 Clearbridge Emerg - Long Term Cov | P | 2022-01-01 | 2023-12-31 | $641,341 | $281,752 | $359,589 | $359,589 |
| MS0611 Clrbridg Emerg - Long Tern Noncov | P | 2022-01-01 | 2023-12-31 | $1,385 | $529 | $856 | $856 |
| MS0944 Cov Calls - Short Term Cov | P | 2023-01-01 | 2023-12-31 | $800,100 | $800,100 | ||
| MS0944 Cov Calls - Long Term Cov | P | 2022-01-01 | 2023-12-31 | $643,522 | $694,826 | -$51,304 | -$51,304 |
| MS6119 Kayne - Short Term Cov | P | 2023-01-01 | 2023-12-31 | $18,587 | $21,532 | -$2,945 | -$2,945 |
| MS6119 Kayne - Long Term Cov | P | 2022-01-01 | 2023-12-31 | $60,046 | $41,871 | $18,175 | $18,175 |
| MS6119 and MS8247 - Long Term Litigation | P | 2022-01-01 | 2023-12-31 | $644 | $644 | $644 | |
| Wash Sale | $13,573 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $431,657 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | $53,224 | NetShortTermCapitalGainLossAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $7,769 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $7,769 | SubtotalAmt |
| Tax Based On Investment Income | $7,769 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $7,245 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $7,245 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $12 | EsPenaltyAmt |
| Tax Due | $536 | TaxDueAmt |
| Applied To ES Tax | $0 | AppliedToESTaxAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | MN | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Leslie Stiles | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 9529386968 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5275 Edina Industrial Blvd | AddressLine1Txt |
| City | Edina | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 554392914 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | false | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | false | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt |
|---|---|---|---|---|---|---|
| Leslie Stiles | ||||||
| 5275 Edina Industrial Blvd 111 | Edina | MN | 55439 | President | 4.00 | $0 |
| Karen McElrath | ||||||
| 5275 Edina Industrial Blvd 111 | Edina | MN | 55439 | Secretary | 3.00 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Morgan Stanley | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 445 East Lake Street 320 | AddressLine1Txt |
| City | Wayzata | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 55391 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Service Type | Investment Consulting | ServiceTypeTxt |
| Compensation | $31,689 | CompensationAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $7,354,263 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $38,541 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $7,392,804 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Adjusted Total FMV Of Unused Ast | $7,392,804 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $110,892 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $7,281,912 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $364,096 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $364,096 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $7,769 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $7,769 | TotalTaxAmt |
| Distributable Before Adj | $356,327 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $356,327 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $356,327 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $356,114 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $356,114 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $356,327 | DistributableAsAdjustedAmt |
| Excess Distribution Cyov Yr5 | $123,683 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $48,062 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $378,234 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $19,682 | ExcessDistributionCyovYr2Amt |
| Total Excess Distribution Cyov | $569,661 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $356,114 | QualifyingDistributionsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $356,114 | AppliedToCurrentYearAmt |
| Excess Distri Cyov App CY Corpus | $213 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $213 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $569,448 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov From Yr5 | $123,470 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $445,978 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $48,062 | ExcessFromYear4Amt |
| Excess From Year3 | $378,234 | ExcessFromYear3Amt |
| Excess From Year2 | $19,682 | ExcessFromYear2Amt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (18 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| VEAP | ||||||
| 9600 Aldrich Ave So | Bloomington | MN | 55420 | PC | Challenge Grant | $30,000 |
| The Lift Garage | ||||||
| 2401 E Lake Street | Minneapolis | MN | 55406 | PC | General Operations | $20,000 |
| Cornerstone | ||||||
| 1000 E 80th Street | Bloomington | MN | 55420 | PC | Event Sponsorship | $10,000 |
| Ampersand Families | ||||||
| 1751 Cty Rd B West 300 | Roseville | MN | 55113 | PC | General Operations | $38,000 |
| Minnesota Orchestra | ||||||
| 1111 Nicollet Mall | Minneapolis | MN | 55403 | PC | General Operations | $5,000 |
| Oasis for Youth | ||||||
| 2200 W Old Shakopee Rd | Bloomington | MN | 55431 | PC | General Operations | $20,000 |
| Washburn Center for Children | ||||||
| 1100 Glenwood Ave | Minneapolis | MN | 55405 | PC | Financial Assistance Pathways Fellowship | $25,000 |
| Vail Place | ||||||
| 23 9th Ave South | Hopkins | MN | 55343 | PC | Vail House project | $30,000 |
| Immigrant Law Center of MN | ||||||
| 450 N Syndicate St 200 | St Paul | MN | 55104 | PC | New Beginnings Project | $25,000 |
| Conversation with Friends | ||||||
| 7455 France Ave South 131 | Edina | MN | 55435 | PC | General Operations | $5,000 |
| Onward Eden Prairie | ||||||
| PO Box 44863 | Eden Prairie | MN | 55344 | PC | Challenge Grant | $10,000 |
| HealthFinders Collaborative Inc | ||||||
| 1415 Town Square Lane | Faribault | MN | 55021 | PC | General Operations | $30,000 |
| STEP | ||||||
| 6812 West Lake Street | St Louis Park | MN | 55426 | PC | Capital Campaign | $25,000 |
| METAvivor | ||||||
| 1783 Forest Drive 184 | Annapolis | MD | 21401 | PC | General Operations | $10,000 |
| Park Nicollet Foundation | ||||||
| 6500 Excelsior Blvd | St Louis Park | MN | 55426 | PF | Children's Mental Health | $25,000 |
| True Friends | ||||||
| 10509 108th Street NW | Annandale | MN | 55302 | PC | General Operations | $15,000 |
| OneVillage Partners | ||||||
| PO Box 26055 | Minneapolis | MN | 55426 | PC | Event Sponsorship | $5,000 |
| Hats Mittens | ||||||
| 501 Carlson Parkway 300 | Minnetonka | MN | 55305 | PC | General Operations | $2,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $330,000 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Related Or Exempt Function Incm | $20 | RelatedOrExemptFunctionIncmAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Related Or Exempt Function Incm | $161,628 | RelatedOrExemptFunctionIncmAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $418,084 | RelatedOrExemptFunctionIncmAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $579,732 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $579,732 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | RelationshipsNonchrtblEOInd |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | Stocks | StockNm |
| EOY Book Value | $3,026,542 | EOYBookValueAmt |
| EOYFMV | $4,497,021 | EOYFMVAmt |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $3,076,383 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $3,123,754 | USGovtObligationsEOYFMVAmt |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | Machinery and Equipment | CategoryOrItemTxt |
| Cost Or Other Basis | $8,996 | CostOrOtherBasisAmt |
| Accumulated Depreciation | $8,996 | AccumulatedDepreciationAmt |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legal Fees | $1,225 | LegalFeesAmt |
| Net Investment Income | $123 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $1,102 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Rent Deposit | Desc |
| BOY Book Value | $874 | BOYBookValueAmt |
| EOY Book Value | $874 | EOYBookValueAmt |
| EOYFMV | $874 | EOYFMVAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail (2 entries)
| DescDesc | AmtAmt |
|---|---|
| Book/Tax Differences on closed inv accts | $453,186 |
| Rounding | $3 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (5 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| Assoc Dues | $3,800 | $380 | $3,420 |
| Insurance | $513 | $513 | |
| Internet | $702 | $702 | |
| Regulatory Fee | $25 | $25 | |
| Supplies, Postage | $1,255 | $194 | $1,061 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Wash Sales | Desc |
| Amt | $13,573 | Amt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | MS Investment | CategoryTxt |
| Amt | $31,689 | Amt |
| Net Investment Income | $31,689 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| Federal Excise | $3,000 | $3,000 | |
| Foreign Inv | $204 | $204 |