THE JENNINGS FAMILY FOUNDATION: Form 990PF, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- THE JENNINGS FAMILY FOUNDATION (EIN 41-1765206)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-11-12
- IRS object ID
- 202443179349100309
- 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
- Accounting Fees Schedule
- Investments Corp Stock Schedule
- Investments Govt Obligations Sch
- Investments Other Schedule2
- Legal Fees Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-11-12T06:57:30-06:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 450250958 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Eide Bailly LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 800 Nicollet Mall Ste 1300 | AddressLine1Txt |
| City | Minneapolis | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 554027033 | 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 | 411765206 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The Jennings Family Foundation | BusinessNameLine1Txt |
| Business Name Line2 | c/o National Christian Foundation TC | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | JENN | BusinessNameControlTxt |
| Phone | 6122882292 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 7701 France Avenue S 360 | AddressLine1Txt |
| City | Edina | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 55435 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Mary Lee Jennings | PersonNm |
| Person Title | President | PersonTitleTxt |
| Phone | 6122882292 | PhoneNum |
| Signature | 2024-11-06 | 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 | Deb Nelson CPA | PreparerPersonNm |
| PTIN | P01264758 | PTIN |
| Phone | 6122536500 | PhoneNum |
| Preparation | 2024-11-06 | 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 | $13,165,575 | FMVAssetsEOYAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Dividends Rev And Expnss | $360,742 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $360,742 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $3,109,164 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $16,599,908 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $3,109,164 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $3,469,906 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $3,469,906 | 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 | $14,564 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $14,564 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $8,566 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $21,344 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $159,508 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $109,508 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $50,000 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $29,080 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $0 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $1,472 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $0 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $1,472 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $213,190 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $109,508 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $87,380 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $9,696,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $9,696,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $9,909,190 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $109,508 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $9,783,380 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$6,439,284 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $3,360,398 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $835,453 | CashBOYAmt |
| Cash EOY | $520,080 | CashEOYAmt |
| Cash EOYFMV | $520,080 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $633,839 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $770,627 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $770,627 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl BOY | $36,922 | AcctRcvblBOYAmt |
| US Government Obligations BOY | $1,529,628 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $1,416,410 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $1,380,176 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $11,046,843 | CorporateStockBOYAmt |
| Corporate Stock EOY | $3,149,018 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $5,001,572 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $3,153,099 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $0 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $0 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $220,792 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $4,667,212 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $5,493,120 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $17,456,576 | TotalAssetsBOYAmt |
| Total Assets EOY | $10,523,347 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $13,165,575 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $21,843 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $1,500 | AccountsPayableEOYAmt |
| Total Liabilities BOY | $21,843 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $1,500 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $17,434,733 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $10,521,847 | NoDonorRstrNetAssestsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $17,434,733 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $10,521,847 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $17,456,576 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $10,523,347 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $17,434,733 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$6,439,284 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $10,995,449 | SubtotalAmt |
| Other Decreases | $473,602 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $10,521,847 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (3 entries)
| PropertyPropertyDesc | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | How AcquiredHowAcquiredCd |
|---|---|---|---|---|---|
| Wells Fargo Publicly Traded Securities | $15,478,805 | $12,181,564 | $3,297,241 | $3,297,241 | |
| Bank of America Publicly Traded Securities | $1,118,166 | $1,309,180 | -$191,014 | -$191,014 | |
| Capital Gains Dividends | $2,937 | $2,937 | $2,937 | P |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $3,109,164 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $46,710 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $46,710 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $46,710 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $52,931 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $52,931 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $6,221 | OverpaymentAmt |
| Applied To ES Tax | $6,221 | 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 | Yes (1) | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
| Individual With Books | National Christian Foundation TC | IndividualWithBooksNm |
| Phone | 6122142822 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 7701 France Avenue S Suite 360 | AddressLine1Txt |
| City | Edina | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 55435 | 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 (4 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 |
|---|---|---|---|---|---|---|---|---|
| Joel Jennings | ||||||||
| 7701 France Avenue S Suite 360 | Edina | MN | 55435 | President (Thru 6.28.23) | 0.10 | $0 | $0 | $0 |
| Mary Lee Jennings | ||||||||
| 7701 France Avenue S Suite 360 | Edina | MN | 55435 | President | 0.10 | $0 | $0 | $0 |
| Todd Jennings | ||||||||
| 7701 France Avenue S Suite 360 | Edina | MN | 55435 | Director | 0.10 | $0 | $0 | $0 |
| Jay Bennett | ||||||||
| 7701 France Avenue S Suite 360 | Edina | MN | 55435 | Director | 0.10 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Wells Fargo | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 2999 | AddressLine1Txt |
| City | Minneapolis | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 55402 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Service Type | Investment Management | ServiceTypeTxt |
| Compensation | $71,597 | CompensationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| 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 | $14,928,786 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $2,430,687 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $17,359,473 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $17,359,473 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $260,392 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $17,099,081 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $854,954 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $854,954 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $46,710 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $46,710 | TotalTaxAmt |
| Distributable Before Adj | $808,244 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $808,244 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $808,244 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $9,783,380 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $9,783,380 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $808,244 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $2,827,897 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $2,424,852 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $2,681,633 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $5,949,020 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $3,364,513 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $17,247,915 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $9,783,380 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $808,244 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $8,975,136 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $26,223,051 | 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 | $2,827,897 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $23,395,154 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $2,424,852 | ExcessFromYear4Amt |
| Excess From Year3 | $2,681,633 | ExcessFromYear3Amt |
| Excess From Year2 | $5,949,020 | ExcessFromYear2Amt |
| Excess From Year1 | $3,364,513 | ExcessFromYear1Amt |
| Excess From Current Year | $8,975,136 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | Mary Lee Jennings | ContributingManagerNm |
| Contributing Manager | Joel Jennings | ContributingManagerNm |
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | National Christian Foundation Twin | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 7701 France Avenue S Suite 360 | AddressLine1Txt |
| City | Edina | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 55435 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 6122882292 | RecipientPhoneNum |
| Form And Info And Materials | No application form; however, please provide IRS determination letter. | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | None | SubmissionDeadlinesTxt |
| Restrictions On Awards | None | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (37 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| Anselm House | |||||||
| 1337 Cleveland Ave N | St Paul | MN | 55108 | None | PC | Annual Fund | $100,000 |
| Bethany International | |||||||
| 6820 Auto Club Road Suite J | Bloomington | MN | 55438 | None | PC | Keep Reaching Campaign | $500,000 |
| Beyond Limits | |||||||
| 6820 Auto Club Road Suite P | Bloomington | MN | 55438 | None | PC | General Support | $50,000 |
| CBMC | |||||||
| PO Box 8009 Chattanooga | Chatanaoog | TN | 374110009 | None | PC | Ministry of Alan Smith | $40,000 |
| CURE International | |||||||
| 70 Ionia Avenue SW Suite 200 | Grand Rapids | MI | 49503 | None | PC | General Support | $50,000 |
| Edina Rotary Foundation | |||||||
| 5101 Vernon Ave S Ste 501 | Minneapolis | MN | 55436 | None | PC | General Support | $10,000 |
| Faith Comes By Hearing | |||||||
| 2421 Aztec Rd NE | Albuquerque | NM | 87107 | None | PC | Minnesota Budget | $50,000 |
| First Liberty Institute | |||||||
| 2001 West Plano Parkway Suite 1600 | Plano | TX | 75075 | None | PC | General Support | $20,000 |
| Forever Adventure | |||||||
| 4316 Washburn Ave N | Minneapolis | MN | 55412 | None | PC | Ministry of Tom Prichard | $50,000 |
| Good Cities | |||||||
| 7340 Hunters Run | Eden Prairie | MN | 55346 | None | PC | Ministry of Glenn Barth | $35,000 |
| Hope Academy | |||||||
| 2300 Chicago Avenue | Minneapolis | MN | 55404 | None | PC | Student Scholarships, Boaz Gifts | $200,000 |
| HopeKids | |||||||
| PO Box 44712 | Eden Prairie | MN | 55344 | None | PC | General Support | $20,000 |
| International Justice Mission | |||||||
| PO Box 96961 | Washington | DC | 200906961 | None | PC | General Support | $50,000 |
| Living Well Disability Services | |||||||
| 1168 Northland Drive | Mendota Heights | MN | 55120 | None | PC | General Support | $20,000 |
| Luis Palau Association | |||||||
| PO Box 50 | Portland | OR | 97207 | None | PC | General Support | $40,000 |
| Metro Woman's Center | |||||||
| 6418 Bass Lake Road | Crystal | MN | 55428 | None | PC | General Support | $10,000 |
| Minnesota Family Institute | |||||||
| 2855 Anthony Lane South | Minneapolis | MN | 55418 | None | PC | General Support | $100,000 |
| My Pregnancy Choices | |||||||
| 15010 Glazier Ave Ste 104 | Apple Valley | MN | 55124 | None | PC | General Support | $30,000 |
| National Christian Foundation | |||||||
| 1150 Santuary Pkwy Ste 350 | Alpharetta | GA | 30009 | None | PC | General Support | $41,000 |
| National Christian Foundation | |||||||
| 1150 Santuary Pkwy Ste 350 | Alpharetta | GA | 30009 | None | PC | Multiple Areas of Interest Funds | $3,000,000 |
| New Life Family Services | |||||||
| 1515 East 66th St | Richfield | MN | 55423 | None | PC | General Support | $50,000 |
| Rotary International Foundation | |||||||
| 1560 Sherman Ave | Evanston | IL | 60201 | None | PC | General Support | $20,000 |
| Sanford Health | |||||||
| 1305 W 18th St | Sioux Falls | SD | 57117 | None | PC | Spirit Camp | $20,000 |
| Search Ministries | |||||||
| 7400 Metro Blvd Suite 210 | Edina | MN | 55436 | None | PC | General Support | $50,000 |
| The Navigators | |||||||
| PO Box 6000 | Colorado Springs | CO | 80934 | None | PC | Mutua Mahiaini + General Support | $675,000 |
| Thrive | |||||||
| PO Box 151927 Lakewood | Lakewood | CO | 80215 | None | PC | General Support | $50,000 |
| Timothy Initiative | |||||||
| Box 98177 | Raleigh | NC | 27624 | None | PC | General Support/Church Planting | $1,000,000 |
| TreeHouse | |||||||
| 5666 Lincoln Drive Ste 201 | Edina | MN | 55436 | None | PC | General Support | $20,000 |
| True Friends | |||||||
| 10509 108th St NW | Annandale | MN | 55302 | None | PC | General Support | $30,000 |
| Urban Ventures | |||||||
| 2924 4th Ave S | Minneapolis | MN | 55408 | None | PC | General Support | $500,000 |
| Wooddale Church | |||||||
| 6630 Shady Oak Rd | Eden Prairie | MN | 55344 | None | PC | Various Projects and Missions | $850,000 |
| World Vision | |||||||
| 4325 Upton Ave S | Minneapolis | MN | 55410 | None | PC | Various Projects | $1,600,000 |
| Young Life - Capernaum | |||||||
| PO Box 398195 | Minneapolis | MN | 55439 | None | PC | General Support | $40,000 |
| Young Life - Eastern Division | |||||||
| 44340 Premier Plaza Unit 130 | Ashburn | VA | 20147 | None | PC | Ministry of Wiley Scott | $25,000 |
| Young Life - Minneapolis | |||||||
| PO Box 390546 | Minneapolis | MN | 55439 | None | PC | Ministry of Hope Ledboer-Smith and General Support | $75,000 |
| Young Life - North Star Region | |||||||
| 7240 Metro Blvd 3 | Minneapolis | MN | 55439 | None | PC | Ministry of Andy Swanda | $25,000 |
| Young Life Camps | |||||||
| 420 N Cascade Ave | Colorado Springs | MN | 80903 | None | PC | Castaway Accessibility Projects | $250,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $9,696,000 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $360,742 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $3,109,164 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $3,469,906 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $3,469,906 | 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 |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Accounting Fees | CategoryTxt |
| Amt | $8,566 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $21,344 | DisbursementsCharitablePrpsAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (44 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| BOOKING HOLDINGS INC | $89,193 | $124,153 |
| HOME DEPOT INC | $48,745 | $75,894 |
| MCDONALDS CORP | $79,612 | $83,023 |
| NIKE INC CL B | $48,433 | $56,782 |
| STARBUCKS CORP COM | $69,316 | $68,647 |
| TARGET CORP | $31,634 | $56,256 |
| MONDELEZ INTERNATIONAL INC | $78,716 | $90,175 |
| BLACKROCK INC | $46,471 | $86,863 |
| BLACKSTONE INC | $61,402 | $101,463 |
| CITIGROUP INC. | $91,090 | $99,022 |
| JPMORGAN CHASE & CO | $95,072 | $147,137 |
| REGIONS FINL CORP NEW | $73,644 | $73,935 |
| ABBVIE INC | $53,736 | $64,313 |
| ELI LILLY & CO COM | $78,038 | $125,328 |
| MERCK & CO INC NEW | $61,713 | $79,585 |
| THERMO FISHER SCIENTIFIC INC | $39,748 | $58,387 |
| UNITEDHEALTH GROUP INC | $117,289 | $155,309 |
| BOEING CO | $89,803 | $122,510 |
| RTX CORP | $74,764 | $78,250 |
| UNION PACIFIC CORP | $55,055 | $73,686 |
| UNITED PARCEL SERVICE-CL B | $53,410 | $64,464 |
| WASTE MANAGEMENT INC | $67,021 | $91,341 |
| ADOBE INC | $57,470 | $65,626 |
| ADVANCED MICRO DEVICES INC | $54,284 | $81,076 |
| ALPHABET INC CL C | $109,311 | $317,093 |
| APPLE INC | $83,696 | $428,379 |
| BROADCOM INC | $107,945 | $178,600 |
| CISCO SYSTEMS INC | $63,359 | $87,147 |
| COGNIZANT TECH SOLUTIONS CRP COM | $42,310 | $50,227 |
| ELECTRONIC ARTS INC | $52,731 | $63,753 |
| LAM RESEARCH CORP COM | $46,757 | $105,740 |
| META PLATFORMS INC | $125,752 | $168,131 |
| MICROSOFT CORP | $94,506 | $447,488 |
| VISA INC-CLASS A SHRS | $65,039 | $108,566 |
| CELANESE CORP | $72,520 | $113,420 |
| DIAGEO PLC - ADR | $74,242 | $74,287 |
| EATON CORP PLC | $88,086 | $131,247 |
| GARMIN LTD | $51,111 | $66,841 |
| MANULIFE FINANCIAL CORP | $70,900 | $97,903 |
| SUNCOR ENERGY INC NEW F | $96,844 | $109,416 |
| TE CONNECTIVITY LTD | $50,899 | $63,928 |
| TORONTO DOMINION BK ONT COM NEW | $78,027 | $84,006 |
| TOTALENERGIES SE | $111,108 | $134,423 |
| UNILEVER PLC - ADR | $48,216 | $47,752 |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $1,068,951 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $1,037,416 | USGovtObligationsEOYFMVAmt |
| State Local Sec Book Vl EOY | $347,459 | StateLocalSecBookVlEOYAmt |
| State Local Sec EOYFMV | $342,760 | StateLocalSecEOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (42 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| AMGEN INC | AT COST | $29,769 | $30,713 |
| AT&T INC | AT COST | $55,466 | $43,679 |
| BANK OF NY MELLON CORP | AT COST | $24,377 | $24,742 |
| BOEING CO | AT COST | $23,069 | $23,622 |
| COMCAST CORP | AT COST | $24,432 | $24,290 |
| CVS HEALTH CORP | AT COST | $24,729 | $24,576 |
| FIFTH THIRD BANCORP | AT COST | $19,124 | $19,714 |
| HOME DEPOT INC | AT COST | $49,683 | $37,187 |
| HONEYWELL INTERNATIONAL | AT COST | $25,173 | $26,153 |
| INTEL CORP | AT COST | $24,763 | $26,117 |
| JPMORGAN CHASE & CO | AT COST | $33,144 | $27,913 |
| JPMORGAN CHASE & CO | AT COST | $24,642 | $24,843 |
| LOWE'S COS INC | AT COST | $27,594 | $28,916 |
| MCDONALD'S CORP | AT COST | $24,046 | $25,239 |
| MORGAN STANLEY | AT COST | $24,684 | $24,866 |
| MORGAN STANLEY | AT COST | $21,179 | $21,566 |
| NORTHROP GRUMMAN CORP | AT COST | $23,833 | $25,733 |
| O'REILLY AUTOMOTIVE INC | AT COST | $23,913 | $24,730 |
| PEPSICO INC | AT COST | $24,513 | $25,599 |
| PFIZER INVESTMENT ENTER | AT COST | $19,637 | $20,045 |
| PNC FINANCIAL SERVICES | AT COST | $26,147 | $21,869 |
| PNC FINANCIAL SERVICES | AT COST | $15,014 | $14,992 |
| STARBUCKS CORP | AT COST | $21,120 | $22,429 |
| STATE STREET CORP | AT COST | $26,228 | $24,528 |
| UNITEDHEALTH GROUP INC | AT COST | $25,993 | $24,639 |
| INVESCO ULTRA SHORT DURATION | AT COST | $1,176,138 | $1,177,168 |
| ISHARES FLOATING RATE BOND ETF | AT COST | $33,404 | $234,522 |
| ISHARES MBS ETF | AT COST | $436,853 | $451,584 |
| PGIM HIGH YIELD FUND CLASS Q #1067 | AT COST | $102,085 | $87,471 |
| T ROWE PRICE INSTITUTIONAL FLOAT | AT COST | $115,000 | $116,229 |
| VANGUARD LONG-TERM BOND ETF | AT COST | $235,017 | $248,724 |
| FIDELITY NEW MARKETS INCOME FUND | AT COST | $79,074 | $66,673 |
| TCW EMERGING MARKETS INCOME FUND | AT COST | $182,333 | $148,528 |
| TOUCHSTONE MID CAP FUND CLASS R6 | AT COST | $465,000 | $504,270 |
| VANGUARD MIDCAP VIPER | AT COST | $702,549 | $764,222 |
| ACADIAN EMERGING MARKETS PORTFOLIO | AT COST | $68,915 | $74,024 |
| DOMINI IMPACT INTERNATIONAL EQUITY | AT COST | $1 | $8 |
| INVESCO OPPENHEIMER DEVELOPING | AT COST | $77,519 | $71,559 |
| ISHARES CORE MSCI EMERGING MARKETS | AT COST | $76,299 | $73,239 |
| OAKMARK INTERNATIONAL FUND CLASS R6 | AT COST | $1 | $254,168 |
| VANGUARD FTSE DEVELOPED MARKETS ETF | AT COST | $19,752 | $352,352 |
| PIMCO COMMODITY REAL RETURN | AT COST | $235,000 | $229,679 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Legal Fees | CategoryTxt |
| Legal Fees | $14,564 | LegalFeesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $14,564 | DisbursementsCharitablePrpsAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Basis Adjustments | Desc |
| Amt | $473,602 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Miscellaneous Expenses | Desc |
| Revenue And Expenses Per Books | $1,472 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $1,472 | DisbursementsCharitablePrpsAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| Investment Management Fees | $109,508 | $109,508 | $0 |
| NCF Management Fees | $50,000 | $0 | $50,000 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Excise Taxes | CategoryTxt |
| Amt | $29,080 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |