HAGEMAN FOUNDATION OF HOPE: Form 990PF, tax year 2023

View the entire original 990 at ProPublica ↗

Organization: HAGEMAN FOUNDATION OF HOPE (EIN 20-1700412)
Tax period: 2023-01-01 to 2023-12-31
Filed: 2024-11-14
IRS object ID: 202433199349101238
Schema version: 2023v5.1
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990-PF
Schedule B
Accounting Fees Schedule
Investments Corp Bonds Schedule
Investments Corp Stock Schedule
Investments Govt Obligations Sch
Investments Other Schedule2
Legal Fees Schedule
Other Assets Schedule
Other Decreases Schedule
Other Expenses Schedule
Other Professional Fees Schedule
Taxes Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2024-11-14T08:10:49-06:00	ReturnTs
Tax Period End	2023-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	390859910	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	BAKER TILLY ADVISORY GROUP LP	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	225 S 6TH ST 2300	AddressLine1Txt
City	MINNEAPOLIS	CityNm
State Abbreviation	MN	StateAbbreviationCd
ZIP	55402	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990PF	ReturnTypeCd
Tax Period Begin	2023-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	201700412	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	HAGEMAN FOUNDATION OF HOPE	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	HAGE	BusinessNameControlTxt
Phone	7636822870	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	9872 HART BOULEVARD 301	AddressLine1Txt
City	MONTICELLO	CityNm
State Abbreviation	MN	StateAbbreviationCd
ZIP	55362	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	ROBERT HAGEMAN	PersonNm
Person Title	PRESIDENT	PersonTitleTxt
Phone	7636822870	PhoneNum
Signature	2024-11-12	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Field	Value	IRS element (for citing)
IRS Responsible Prty Info Curr	Yes (1)	IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	MARK T BAKKO CPA	PreparerPersonNm
PTIN	P00252834	PTIN
Phone	6128764500	PhoneNum
Preparation	2024-11-12	PreparationDt

Field	Value	IRS element (for citing)
Tax	2023	TaxYr
Build TS	2024-10-15 13:58:12Z	BuildTS

Form 990-PF IRS990PF

Field	Value	IRS element (for citing)
Organization501c3 Exempt PF	Yes (X)	Organization501c3ExemptPFInd
FMV Assets EOY	$9,657,620	FMVAssetsEOYAmt
Method Of Accounting Cash	Yes (X)	MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Field	Value	IRS element (for citing)
Contri Rcvd Rev And Expnss	$554,526	ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss	$70,301	InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm	$70,301	InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss	$322,308	DividendsRevAndExpnssAmt
Dividends Net Invst Incm	$322,308	DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss	$623,370	NetGainSaleAstRevAndExpnssAmt
Gross Sales Price	$3,664,967	GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm	$623,370	CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss	$1,570,505	TotalRevAndExpnssAmt
Total Net Invst Incm	$1,015,979	TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss	$0	CompOfcrDirTrstRevAndExpnssAmt
Comp Ofcr Dir Trst Net Invst Incm	$0	CompOfcrDirTrstNetInvstIncmAmt
Comp Ofcr Dir Trst Dsbrs Chrtbl	$0	CompOfcrDirTrstDsbrsChrtblAmt
Legal Fees Rev And Expnss	$385	LegalFeesRevAndExpnssAmt
Legal Fees Net Invst Incm	$0	LegalFeesNetInvstIncmAmt
Legal Fees Dsbrs Chrtbl	$385	LegalFeesDsbrsChrtblAmt
Accounting Fees Rev And Expnss	$5,520	AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm	$2,760	AccountingFeesNetInvstIncmAmt
Accounting Fees Chrtbl Prps	$2,760	AccountingFeesChrtblPrpsAmt
Other Prof Fees Rev And Expnss	$72,694	OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm	$72,694	OtherProfFeesNetInvstIncmAmt
Other Prof Fees Dsbrs Chrtbl	$0	OtherProfFeesDsbrsChrtblAmt
Taxes Rev And Expnss	$2,930	TaxesRevAndExpnssAmt
Taxes Net Invst Incm	$2,930	TaxesNetInvstIncmAmt
Taxes Dsbrs Chrtbl	$0	TaxesDsbrsChrtblAmt
Other Expenses Rev And Expnss	$19,711	OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm	$19,680	OtherExpensesNetInvstIncmAmt
Other Expenses Dsbrs Chrtbl	$31	OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss	$101,240	TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm	$98,064	TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl	$3,176	TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss	$1,555,500	ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl	$1,555,500	ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss	$1,656,740	TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm	$98,064	TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl	$1,558,676	TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses	-$86,235	ExcessRevenueOverExpensesAmt
Net Investment Income	$917,915	NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Field	Value	IRS element (for citing)
Sav And Temp Cash Invst BOY	$546,453	SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY	$243,267	SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV	$243,267	SavAndTempCashInvstEOYFMVAmt
US Government Obligations BOY	$0	USGovernmentObligationsBOYAmt
US Government Obligations EOY	$666,863	USGovernmentObligationsEOYAmt
US Govt Obligations EOYFMV	$671,616	USGovtObligationsEOYFMVAmt
Corporate Stock BOY	$5,325,335	CorporateStockBOYAmt
Corporate Stock EOY	$4,516,433	CorporateStockEOYAmt
Corporate Stock EOYFMV	$5,763,686	CorporateStockEOYFMVAmt
Corporate Bonds BOY	$566,332	CorporateBondsBOYAmt
Corporate Bonds EOY	$780,197	CorporateBondsEOYAmt
Corporate Bonds EOYFMV	$815,478	CorporateBondsEOYFMVAmt
Other Investments BOY	$1,500,742	OtherInvestmentsBOYAmt
Other Investments EOY	$1,625,605	OtherInvestmentsEOYAmt
Other Investments EOYFMV	$2,151,200	OtherInvestmentsEOYFMVAmt
Other Assets BOY	$11,811	OtherAssetsBOYAmt
Other Assets EOY	$12,373	OtherAssetsEOYAmt
Other Assets EOYFMV	$12,373	OtherAssetsEOYFMVAmt
Total Assets BOY	$7,950,673	TotalAssetsBOYAmt
Total Assets EOY	$7,844,738	TotalAssetsEOYAmt
Total Assets EOYFMV	$9,657,620	TotalAssetsEOYFMVAmt
Total Liabilities BOY	$0	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$0	TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117	Yes (X)	OrgDoesNotFollowFASB117Ind
Capital Stock BOY	$7,950,673	CapitalStockBOYAmt
Capital Stock EOY	$7,844,738	CapitalStockEOYAmt
Additional Paid In Capital BOY	$0	AdditionalPaidInCapitalBOYAmt
Additional Paid In Capital EOY	$0	AdditionalPaidInCapitalEOYAmt
Retained Earning BOY	$0	RetainedEarningBOYAmt
Retained Earning EOY	$0	RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY	$7,950,673	TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY	$7,844,738	TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY	$7,950,673	TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY	$7,844,738	TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Field	Value	IRS element (for citing)
Tot Net Ast Or Fund Balances BOY	$7,950,673	TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses	-$86,235	ExcessRevenueOverExpensesAmt
Other Increases	$0	OtherIncreasesAmt
Subtotal	$7,864,438	SubtotalAmt
Other Decreases	$19,700	OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY	$7,844,738	TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (4 entries)

PropertyPropertyDesc	How AcquiredHowAcquiredCd	Gross Sales PriceGrossSalesPriceAmt	Gain Or LossGainOrLossAmt	Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt	Cost Or Other BasisCostOrOtherBasisAmt
K-1 ACTIVITY	P	$83,346	$83,346	$83,346
PUBLICLY TRADED SECURITIES	P	$3,063,427	$324,088	$324,088	$2,739,339
PUBLICLY TRADED SECURITIES	D	$514,428	$212,170	$212,170	$302,258
CAPITAL GAINS DIVIDENDS	P	$3,766	$3,766	$3,766

Field	Value	IRS element (for citing)
Capital Gain Net Income	$623,370	CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Field	Value	IRS element (for citing)
Investment Income Excise Tax	$12,759	InvestmentIncomeExciseTaxAmt
Tax Under Section511	$0	TaxUnderSection511Amt
Subtotal	$12,759	SubtotalAmt
Subtitle A Tax	$0	SubtitleATaxAmt
Tax Based On Investment Income	$12,759	TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx	$10,252	EstimatedPlusOvpmtIncmTxAmt
Exempt Frgn Org Tax Wthld At Srce	$0	ExemptFrgnOrgTaxWthldAtSrceAmt
Extsn Request Income Tax Paid	$16,000	ExtsnRequestIncomeTaxPaidAmt
Backup Withholding Withheld	$0	BackupWithholdingWithheldAmt
Total Payments And Credits	$26,252	TotalPaymentsAndCreditsAmt
Es Penalty	$0	EsPenaltyAmt
Overpayment	$13,493	OverpaymentAmt
Applied To ES Tax	$13,493	AppliedToESTaxAmt
Refund	$0	RefundAmt

Statements Regarding Acty StatementsRegardingActyGrp

Field	Value	IRS element (for citing)
Legislative Political Acty	0	LegislativePoliticalActyInd
More Than100 Spent	0	MoreThan100SpentInd
Form1120 POL Filed	0	Form1120POLFiledInd
Section4955 Organization Tax	$0	Section4955OrganizationTaxAmt
Section4955 Managers Tax	$0	Section4955ManagersTaxAmt
Tax Reimbursed	$0	TaxReimbursedAmt
Activities Not Previously Rpt	0	ActivitiesNotPreviouslyRptInd
Changes To Articles Or Bylaws	0	ChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over Limit	0	UnrelatedBusIncmOverLimitInd
Organization Dissolved Etc	0	OrganizationDissolvedEtcInd
Section508e Rqr Satisfied	Yes (1)	Section508eRqrSatisfiedInd
At Least5000 In Assets	Yes (1)	AtLeast5000InAssetsInd
Org Report Or Register State	MN	OrgReportOrRegisterStateCd
Form990 PF Filed With Atty Gen	Yes (1)	Form990PFFiledWithAttyGenInd
Private Operating Foundation	0	PrivateOperatingFoundationInd
New Substantial Contributors	0	NewSubstantialContributorsInd
Own Controlled Entity	0	OwnControlledEntityInd
Donor Advised Fund	0	DonorAdvisedFundInd
Comply With Public Insp Rqr	Yes (1)	ComplyWithPublicInspRqrInd
Website Address	N/A	WebsiteAddressTxt
Individual With Books	ROBERT HAGEMAN	IndividualWithBooksNm
Phone	7636822870	PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

Field	Value	IRS element (for citing)
Address Line1	9872 HART BOULEVARD 301	AddressLine1Txt
City	MONTICELLO	CityNm
State Abbreviation	MN	StateAbbreviationCd
ZIP	55362	ZIPCd

Field	Value	IRS element (for citing)
Foreign Accounts Question	0	ForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

Field	Value	IRS element (for citing)
Sale Or Exch Disqualified Prsn	0	SaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified Prsn	0	BrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified Prsn	0	FurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified Prsn	0	PayCompDisqualifiedPrsnInd
Transfer Ast Disqualified Prsn	0	TransferAstDisqualifiedPrsnInd
Payment To Government Official	0	PaymentToGovernmentOfficialInd
Uncorrected Prior Acts	0	UncorrectedPriorActsInd
Undistributed Income PY	0	UndistributedIncomePYInd
Business Holdings	0	BusinessHoldingsInd
Jeopardy Investments	0	JeopardyInvestmentsInd
Uncorrected PY Jeopardy Invst	0	UncorrectedPYJeopardyInvstInd
Influence Legislation	0	InfluenceLegislationInd
Influence Election	0	InfluenceElectionInd
Grants To Individuals	0	GrantsToIndividualsInd
Grants To Organizations	0	GrantsToOrganizationsInd
Noncharitable Purpose	0	NoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	0	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	0	PayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht Pymt	0	SubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (5 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	TitleTitleTxt	Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt	CompensationCompensationAmt	Employee Benefit ProgramEmployeeBenefitProgramAmt	Expense Account Other AllwncExpenseAccountOtherAllwncAmt
ROBERT HAGEMAN
9872 HART BOULEVARD 301	MONTICELLO	MN	55362	PRESIDENT, DIRECTOR	1.00	$0	$0	$0
COLLEEN HAGEMAN
9872 HART BOULEVARD 301	MONTICELLO	MN	55362	DIRECTOR	0.25	$0	$0	$0
MICHAEL HAGEMAN
9872 HART BOULEVARD 301	MONTICELLO	MN	55362	VICE PRESIDENT, DIRECTOR	0.25	$0	$0	$0
STACY K O HAGEMAN
9872 HART BOULEVARD 301	MONTICELLO	MN	55362	TREASURER/SECRETARY, DIRECTOR	0.25	$0	$0	$0
TIANI K HAGEMAN
9872 HART BOULEVARD 301	MONTICELLO	MN	55362	DIRECTOR	0.25	$0	$0	$0

Field	Value	IRS element (for citing)
Comp Of Hghst Pd Empl Or NONE	NONE	CompOfHghstPdEmplOrNONETxt
Other Employee Paid Over50k	0	OtherEmployeePaidOver50kCnt
Comp Of Hghst Pd Cntrct Or NONE	NONE	CompOfHghstPdCntrctOrNONETxt
Contractor Paid Over50k	0	ContractorPaidOver50kCnt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Minimum Investment Return MinimumInvestmentReturnGrp

Field	Value	IRS element (for citing)
Average Monthly FMV Of Sec	$9,137,105	AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances	$0	AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast	$0	FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets	$9,137,105	TotalFMVOfUnusedAssetsAmt
Reduction Claimed	$0	ReductionClaimedAmt
Acquisition Indebtedness	$0	AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast	$9,137,105	AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable	$137,057	CashDeemedCharitableAmt
Net Vl Noncharitable Assets	$9,000,048	NetVlNoncharitableAssetsAmt
Minimum Investment Return	$450,002	MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

Field	Value	IRS element (for citing)
Minimum Investment Return	$450,002	MinimumInvestmentReturnAmt
Tax Based On Investment Income	$12,759	TaxBasedOnInvestmentIncomeAmt
Total Tax	$12,759	TotalTaxAmt
Distributable Before Adj	$437,243	DistributableBeforeAdjAmt
Recoveries Qualfied Distri	$0	RecoveriesQualfiedDistriAmt
Distributable Before Ded	$437,243	DistributableBeforeDedAmt
Deduction From Distributable	$0	DeductionFromDistributableAmt
Distributable As Adjusted	$437,243	DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

Field	Value	IRS element (for citing)
Expenses And Contributions	$1,558,676	ExpensesAndContributionsAmt
Program Related Invst Total	$0	ProgramRelatedInvstTotalAmt
Qualifying Distributions	$1,558,676	QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

Field	Value	IRS element (for citing)
Distributable As Adjusted	$437,243	DistributableAsAdjustedAmt
Undistributed Income PY	$0	UndistributedIncomePYAmt
Total For Prior Years	$0	TotalForPriorYearsAmt
Excess Distribution Cyov Yr1	$206,687	ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov	$206,687	TotalExcessDistributionCyovAmt
Qualifying Distributions	$1,558,676	QualifyingDistributionsAmt
Applied To Year1	$0	AppliedToYear1Amt
Applied To Prior Years	$0	AppliedToPriorYearsAmt
Treated As Distri From Corpus	$0	TreatedAsDistriFromCorpusAmt
Applied To Current Year	$437,243	AppliedToCurrentYearAmt
Remaining Distri From Corpus	$1,121,433	RemainingDistriFromCorpusAmt
Excess Distri Cyov App CY Corpus	$0	ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY	$0	ExcessDistributionCyovAppCYAmt
Total Corpus	$1,328,120	TotalCorpusAmt
Prior Year Undistributed Incm	$0	PriorYearUndistributedIncmAmt
Prior Year Deficiency Or Tax	$0	PriorYearDeficiencyOrTaxAmt
Taxable1	$0	Taxable1Amt
Taxable2	$0	Taxable2Amt
Undistributed Income CY	$0	UndistributedIncomeCYAmt
Corpus Distri170b1 E Or4942g3	$0	CorpusDistri170b1EOr4942g3Amt
Excess Distri Cyov From Yr5	$0	ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr	$1,328,120	ExcessDistriCyovToNextYrAmt
Excess From Year1	$206,687	ExcessFromYear1Amt
Excess From Current Year	$1,121,433	ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

Field	Value	IRS element (for citing)
Contributing Manager	ROBERT HAGEMAN	ContributingManagerNm
Contributing Manager	COLLEEN HAGEMAN	ContributingManagerNm
Contributing Manager	MICHAEL HAGEMAN	ContributingManagerNm
Contributing Manager	STACY K O HAGEMAN	ContributingManagerNm
Only Contri To Preselected	Yes (X)	OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (32 entries)

Address Line1RecipientUSAddress/AddressLine1Txt	CityRecipientUSAddress/CityNm	State AbbreviationRecipientUSAddress/StateAbbreviationCd	ZIPRecipientUSAddress/ZIPCd	Recipient RelationshipRecipientRelationshipTxt	Recipient Foundation StatusRecipientFoundationStatusTxt	Grant Or Contribution PurposeGrantOrContributionPurposeTxt	AmtAmt
ALZHEIMERS ASSOCIATION
22512 GATEWAY CENTER DR	CLARKSBURG	MD	20871	N/A	PC	UNRESTRICTED CHARITABLE GIFTS	$1,000
AMERICAN CANCER SOCIETY
PO BOX 390829	MINNEAPOLIS	MN	55439	N/A	PC	UNRESTRICTED CHARITABLE GIFTS	$2,000
AMERICAN KIDNEY FUND
180 N WABASH AVE STE 320	CHICAGO	IL	60601	N/A	PC	UNRESTRICTED CHARITABLE GIFTS	$1,000
AMERICAN RED CROSS
2600 W WISCONSIN AVE	MILWAUKEE	WI	53233	N/A	PC	UNRESTRICTED CHARITABLE GIFTS	$2,500
BUFFALO FOOD SHELF
301 12TH AVENUE SOUTH	BUFFALO	MN	55313	N/A	PC	UNRESTRICTED CHARITABLE GIFTS	$55,000
EAGLE BROOK CHURCH
7015 20TH AVE S	CENTERVILLE	MN	55038	N/A	PC	UNRESTRICTED CHARITABLE GIFTS	$5,000
FAITH IN ACTION
13074 EDGEWOOD ST	BECKER	MN	55308	N/A	PC	UNRESTRICTED CHARITABLE GIFTS	$40,000
FR TOM RAYAR HANDS OF HOPE
9 THIRD STREET NW	BUFFALO	MN	55313	N/A	PC	UNRESTRICTED CHARITABLE GIFTS	$16,500
HOPE ACADEMY
2300 CHICAGO AVE S	MINNEAPOLIS	MN	55404	N/A	PC	UNRESTRICTED CHARITABLE GIFTS	$600,000
LAKESIDE ACADEMY
100 GARRISON AVE NE	BUFFALO	MN	55313	N/A	PC	UNRESTRICTED CHARITABLE GIFTS	$5,000
LEGACY HUNTING & FISHING RETREAT
PO BOX 521	ROGERS	MN	55374	N/A	PC	UNRESTRICTED CHARITABLE GIFTS	$3,000
LOVE IN THE NAME OF CHRIST - LOVE INC
1111 HIGHWAY 25 N SUITE 101	BUFFALO	MN	55320	N/A	PC	UNRESTRICTED CHARITABLE GIFTS	$20,000
LOVE INC BIG WOODS
1111 HIGHWAY 25 N SUITE 101	BUFFALO	MN	55320	N/A	PC	UNRESTRICTED CHARITABLE GIFTS	$20,000
MAHPIYA LUTA RED CLOUD
100 MISSION DRIVE	PINE RIDGE	SD	57770	N/A	PC	UNRESTRICTED CHARITABLE GIFTS	$1,000
MARYKNOLL MISSION
PO BOX 307	MARYKNOLL	NY	10545	N/A	PC	UNRESTRICTED CHARITABLE GIFTS	$1,000
MN ADULTTEEN CHALLENGE
740 E 24TH STREET	MINNEAPOLIS	MN	55404	N/A	PC	UNRESTRICTED CHARITABLE GIFTS	$5,000
MONTICELLO HELP CENTER
224 W 3RD ST	MONTICELLO	MN	55362	N/A	PC	UNRESTRICTED CHARITABLE GIFTS	$55,000
NEW HORIZONS FDN
9872 HART BOULEVARD STE 301	MONTICELLO	MN	55362	N/A	PC	UNRESTRICTED CHARITABLE GIFTS	$2,500
RED CLOUD INDIAN SCHOOL
100 MISSION DR	PINE RIDGE	SD	57770	N/A	PC	UNRESTRICTED CHARITABLE GIFTS	$3,500
RENET
5500 WAYZATA BLVD SUITE 600	MINNEAPOLIS	MN	55416	N/A	PC	UNRESTRICTED CHARITABLE GIFTS	$1,500
SALVATION ARMY
2445 PRIOR AVENUE N	ST PAUL	MN	55113	N/A	PC	UNRESTRICTED CHARITABLE GIFTS	$20,000
SAMARITAN'S PURSE
PO BOX 3000	BOONE	NC	28607	N/A	PC	UNRESTRICTED CHARITABLE GIFTS	$10,000
SHARING & CARING HANDS
525 N 7TH ST	MINNEAPOLIS	MN	55405	N/A	PC	UNRESTRICTED CHARITABLE GIFTS	$20,000
SPECIAL OLYMPICS
900 2ND AVE S SUITE 300	MINNEAPOLIS	MN	55402	N/A	PC	UNRESTRICTED CHARITABLE GIFTS	$10,000
SUMMIT ACADEMY OIC
935 OLSON MEMORIAL HWY	MINNEAPOLIS	MN	55405	N/A	PC	UNRESTRICTED CHARITABLE GIFTS	$3,000
TOYS FOR TOTS
18251 QUANTICO GATEWAY DR	TRIANGLE	VA	22172	N/A	PC	UNRESTRICTED CHARITABLE GIFTS	$5,000
TUNNEL TO TOWERS
2361 HYLAN BLVD	STATEN ISLAND	NY	10306	N/A	PC	UNRESTRICTED CHARITABLE GIFTS	$2,000
TURNING POINT USA
4940 EAST BEVERLY ROAD	PHOENIX	AZ	85044	N/A	PC	UNRESTRICTED CHARITABLE GIFTS	$1,000
UNION GOSPEL MISSION
376 WESTERN AVE N	ST PAUL	MN	55103	N/A	PC	UNRESTRICTED CHARITABLE GIFTS	$41,500
UNITED SERVICE ORGANIZATIONS
2111 WILSON BLVD SUITE 1200	ARLINGTON	VA	22201	N/A	PC	UNRESTRICTED CHARITABLE GIFTS	$500
WHAT MATTERS MINISTRY & MISSION
PO BOX 62820	COLORADO SPRINGS	CO	80962	N/A	PC	UNRESTRICTED CHARITABLE GIFTS	$600,000
WOUNDED WARRIORS PROJECT
4899 BELFORT ROAD SUITE 300	JACKSONVILLE	FL	32256	N/A	PC	UNRESTRICTED CHARITABLE GIFTS	$2,000

Field	Value	IRS element (for citing)
Total Grant Or Contri Pd Dur Yr	$1,555,500	TotalGrantOrContriPdDurYrAmt
Total Grant Or Contri Apprv Fut	$0	TotalGrantOrContriApprvFutAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$70,301	ExclusionAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$322,308	ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

Field	Value	IRS element (for citing)
Exclusion	18	ExclusionCd
Exclusion	$623,370	ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Field	Value	IRS element (for citing)
Unrelated Business Taxbl Incm	$0	UnrelatedBusinessTaxblIncmAmt
Exclusion	$1,015,979	ExclusionAmt
Related Or Exempt Function Incm	$0	RelatedOrExemptFunctionIncmAmt

Field	Value	IRS element (for citing)
Total Income Producing Acty	$1,015,979	TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

Field	Value	IRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EO	0	TrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EO	0	TrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of Assets	0	SalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EO	0	PurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth Assets	0	RentalOfFacilitiesOthAssetsInd
Reimbursement Arrangements	0	ReimbursementArrangementsInd
Loans Or Loan Guarantees	0	LoansOrLoanGuaranteesInd
Performance Of Services Etc	0	PerformanceOfServicesEtcInd
Sharing Of Facilities Etc	0	SharingOfFacilitiesEtcInd
Relationships Nonchrtbl EO	0	RelationshipsNonchrtblEOInd

Schedule B IRS990ScheduleB

Field	Value	IRS element (for citing)
Organization501c3 Exempt PF	Yes (X)	Organization501c3ExemptPFInd
General Rule	Yes (X)	GeneralRuleInd

Contributor Information ContributorInformationGrp (2 entries)

ContributorContributorNum	Address Line1ContributorUSAddress/AddressLine1Txt	CityContributorUSAddress/CityNm	State AbbreviationContributorUSAddress/StateAbbreviationCd	ZIPContributorUSAddress/ZIPCd	Total ContributionsTotalContributionsAmt	Noncash ContributionNoncashContributionInd
ROBERT & COLLEEN HAGEMAN
1	9872 HART BLVD 301	MONTICELLO	MN	55362	$326,120	Yes (X)
MICHAEL & STACY HAGEMAN
2	8791 ROYAL COURT	RAMSEY	MN	55303	$228,406	Yes (X)

Non Cash Property Contribution NonCashPropertyContributionGrp (2 entries)

ContributorContributorNum	Noncash PropertyNoncashPropertyDesc	Fair Market ValueFairMarketValueAmt	ReceivedReceivedDt
1	PUBLICLY TRADED SECUTIRIES	$492,150	2023-10-18
2	PUBLICLY TRADED SECUTIRIES	$399,158	2023-09-07

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

Field	Value	IRS element (for citing)
Category	ACCOUNTING FEES	CategoryTxt
Amt	$5,520	Amt
Net Investment Income	$2,760	NetInvestmentIncomeAmt
Disbursements Charitable Prps	$2,760	DisbursementsCharitablePrpsAmt

Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule

Investments Corporate Bonds InvestmentsCorporateBondsGrp

Field	Value	IRS element (for citing)
Bond	CORPORATE BONDS [6860]	BondNm
EOY Book Value	$780,197	EOYBookValueAmt
EOYFMV	$815,478	EOYFMVAmt

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (5 entries)

StockStockNm	EOY Book ValueEOYBookValueAmt	EOYFMVEOYFMVAmt
EXCHANGE TRADED FUNDS [6860]	$35,007	$159,450
PREFERRED STOCK [6860]	$784,349	$727,634
STOCKS [4970]	$1,127,499	$1,538,514
STOCKS [4982]	$1,011,375	$1,626,077
STOCKS [6860]	$1,558,203	$1,712,011

Investments Govt Obligations Sch InvestmentsGovtObligationsSch

Field	Value	IRS element (for citing)
US Govt Obligations Book Vl EOY	$666,863	USGovtObligationsBookVlEOYAmt
US Govt Obligations EOYFMV	$671,616	USGovtObligationsEOYFMVAmt
State Local Sec Book Vl EOY	$0	StateLocalSecBookVlEOYAmt
State Local Sec EOYFMV	$0	StateLocalSecEOYFMVAmt

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp (2 entries)

Category Or ItemCategoryOrItemTxt	Listed At Cost Or FMVListedAtCostOrFMVCd	Book ValueBookValueAmt	EOYFMVEOYFMVAmt
MUTUAL FUNDS [6860]	AT COST	$257,620	$243,954
PUNCH MICRO CAP PARTNERS LLC	AT COST	$1,367,985	$1,907,246

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFeesGrp

Field	Value	IRS element (for citing)
Category	LEGAL FEES	CategoryTxt
Legal Fees	$385	LegalFeesAmt
Net Investment Income	$0	NetInvestmentIncomeAmt
Disbursements Charitable Prps	$385	DisbursementsCharitablePrpsAmt

Other Assets Schedule OtherAssetsSchedule

Other Assets Schedule OtherAssetsScheduleGrp

Field	Value	IRS element (for citing)
Desc	DIVIDENDS IN TRANSIT	Desc
BOY Book Value	$11,811	BOYBookValueAmt
EOY Book Value	$12,373	EOYBookValueAmt
EOYFMV	$12,373	EOYFMVAmt

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases Detail OtherDecreasesDetail

Field	Value	IRS element (for citing)
Desc	BROKER ADJUSTMENTS TO BASIS	Desc
Amt	$19,700	Amt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)

DescDesc	Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt	Net Investment IncomeNetInvestmentIncomeAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt
OFFICE EXPENSE	$6	$0	$6
K-1 ACTIVITY: PUNCH MICRO CAP PARTNERS LLC	$19,680	$19,680	$0
MN FEE	$25	$0	$25

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail

Field	Value	IRS element (for citing)
Category	INVESTMENT MANAGEMENT FEES	CategoryTxt
Amt	$72,694	Amt
Net Investment Income	$72,694	NetInvestmentIncomeAmt
Disbursements Charitable Prps	$0	DisbursementsCharitablePrpsAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (2 entries)

CategoryCategoryTxt	AmtAmt	Net Investment IncomeNetInvestmentIncomeAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt
FOREIGN TAXES	$2,133	$2,133	$0
FOREIGN TAXES: K-1	$797	$797	$0