2023-04-19T09:44:28-05:00 2022-12-31 390758449 WIPFLI LLP 1502 LONDON ROAD SUITE 200 DULUTH MN 55812 990PF 2022-01-01 411975043 THE ANNEXSTAD FAMILY FOUNDATION ANNE 6125582007 1410 CHERRY PL MOUND MN 55364 PATTI ANNEXSTAD EXECUTIVE DIRECTOR 6125582007 2023-04-06 1 PATTI ANNEXSTAD 999009999 1 MICHAEL J PETERSON CPA P01833529 2187224705 2023-04-06 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z X 26274563 X 1403857 667799 667799 457987 10446668 457987 -1970 0 2527673 1125786 176911 0 176911 242608 5823 236785 88465 0 88465 3473 1737 1736 26840 13420 13420 164258 164258 0 63981 9278 34703 17133 0 17500 0 17500 96993 0 96993 94339 0 94339 101352 53010 44401 1093853 247526 805253 1985916 1985916 3079769 247526 2791169 -552096 878260 116933 184203 184203 1258539 356510 356510 35000 35000 35000 4228 6893 6893 3996031 3602125 3602125 22249420 18492366 18492366 2683028 1974918 1974918 1853646 1553475 1553475 87539 18466 47944 69073 69073 32209769 26274563 26274563 46464 47725 1088 23211 47552 70936 X 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MICROSOFT CORP COM 132942 2022-08-16 1 30 SHARES ARTHUR J GALLAGHER CO 5992 2022-12-02 1 657 SHARES BROADCOM INC 364515 2022-12-02 ACCOUNTING 26840 13420 13420 KEYBANK NATIONAL ASSOCIATION 0.423 01/03/2024 49992 49992 JP MORGAN MORTGAGE VAR 4/25/52 104661 104661 JP MORGAN MORTGAGE VAR 7/25/52 127664 127664 JP MORGAN MORTGAGE VAR 8/25/52 130304 130304 JP MORGAN VAR 10/25/51 97795 97795 MB FINANCIAL BANK NA 4.000 12/01/2027 74901 74901 META PLATFORMS INC 3.850% 08/15/2032 43997 43997 METROPOLITAN LIFE INS CO SER 144A 7.800 11/01/2025 106358 106358 NATIONWIDE MUTUAL INSURANCE COMPANY 144A PRIV PLCMT 12/15/2024 99737 99737 NEW RESIDENTIAL 2.16786% 7/25/56 16253 16253 NORTHERN TRUST CORP 3.375% 05/08/2032 45413 45413 NSTAR ELEC CO GLBL DEB 1.950% 08/15/2031 59633 59633 PACIFICORP 7.700% 1/15/31 64477 64477 SPIRIT AIR 2015-1 PTT A DTD 08/11/15 4.100 10/01/2029 81642 81642 TEXAS CHILDRENS HOSPITAL DTD 12/16/14 3.368 10/01/2029 92408 92408 TOSCO CORP DTD 01/01/98 7.8000 01/01/2027 109121 109121 TOWD POINT MORTGAGE 3.000% 11/25/58 94784 94784 UNITED AIR 2019 2 AA 2.700% 11/01/33 53528 53528 JETBLUE 2020 1 7.750% 11/15/28 76522 76522 GEORGIA PAC CORP DTD 06/02/98 7.2500 06/01/2028 108045 108045 BGC PARTNERS INC 4.375 12/15/2025 46843 46843 CAPITAL AREA FIN AUTH LA SF MTGE 2.900 04/01/2038 78435 78435 CVS PASS THROUGH 7.507% 1/10/32 61863 61863 DELTA AIR LINES 3.625% 1/30/29 47605 47605 EQUIFAX INC 3.100 05/15/2030 63101 63101 UNION PACIFIC RR CO 07-3 DTD 07/31/2007 6.176 01/02/2031 39836 39836 SHELL PLC SPON A D R 102510 102510 ROCKWELL AUTOMATION INC 199617 199617 RELX PLC SPON A D R 223839 223839 NVIDIA CORP 263052 263052 PFIZER INC 129381 129381 PEPSICO INC 478749 478749 SHERWIN WILLIAMS CO 200544 200544 QUALCOMM INC COM 79707 79707 SIEMENS AG A D R 302676 302676 WOODSIDE ENERGY GROUP LTD A D R 23823 23823 THE CARLYLE GROUP INC 149946 149946 THERMO FISHER SCIENTIFIC INC 330414 330414 UNION PACIFIC CORP COM 341665 341665 UNITEDHEALTH GROUP INC COM 371126 371126 US BANCORP 170079 170079 WASTE MGMT INC DEL COM 435342 435342 WEC ENERGY GROUP INC COM 255496 255496 WILLIAMS COS INC COM 191642 191642 STARBUCKS CORP 128960 128960 NEXTERA ENERGY INC 468160 468160 MONDELEZ INTERNATIONAL W I 213280 213280 MICROSOFT CORP COM 1403666 1403666 BROADCOM INC 909705 909705 B H P BILLITON LIMITED A D R 169086 169086 B A E SYSTEMS P L C A D R 270782 270782 ASTRAZENECA P L C SPSD A D R 196620 196620 ASML HOLDING NV NY REG SHS 7103 7103 ARTHUR J GALLAGHER CO 406304 406304 APPLIED MATERIALS INC 310642 310642 APPLE INC 1721573 1721573 ANALOG DEVICES INC 213239 213239 AMERIPRISE FINL INC 389212 389212 ALPHABET INC CL A 485265 485265 ALLIANZ SE UNSP A D R 161947 161947 ACCENTURE PLC IRELAND SHS CLASS A 417605 417605 ABBOTT LABORATORIES 373286 373286 CHUBB LIMITED COM 237145 237145 NESTLE SA SPONSORED A D R 268165 268165 CONSTELLATION BRANDS INC A 266513 266513 MEDTRONIC PLC SHS 180699 180699 MCDONALDS CORP COM 263530 263530 LOGITECH INTL SA 121387 121387 LOCKHEED MARTIN CORP COM 408652 408652 LINDE PLC SHS 212017 212017 LAUDER ESTEE COS INC CL A 256794 256794 CONOCOPHILLIPS 466100 466100 JOHNSON JOHNSON 494620 494620 IBERDROLA S SPON A D R 294588 294588 HONEYWELL INTERNATIONAL INC 337522 337522 HOME DEPOT INC 544227 544227 GOLDMAN SACHS GROUP INC 254101 254101 FED EX CORP 151550 151550 EQUIFAX INC 97180 97180 DIAGEO PLC SPONSORED A D R 285104 285104 J P MORGAN CHASE CO COM 516285 516285 CVS HEALTH CORP 340144 340144 1148718 1148718 2453407 2453407 FED HOME LN M C MLTCL 6.000% 11/15/28 FMV 61188 61188 FED NATL MTG ASSN POOL #596676 DTD 08/01/01 6.500 08/01/2031 FMV 5836 5836 GOVT NATL MTG ASSN POOL 5.500 09/20/2052 FMV 72736 72736 FED HOME LN M C MTN 4.050% 07/21/2025 FMV 122660 122660 FED NATL MTG ASSN POOL #540912 DTD 06/01/01 6.500 06/01/2031 FMV 3366 3366 FED HOME LN MTG CORP POOL #A24456 DTD 07/01/04 6.000 07/01/2034 FMV 18084 18084 FED HOME LN MTG CORP SER 2000 CL C DTD 09/01/97 6.500% 09/15/27 FMV 16297 16297 FED NATL MTG ASSN REMIC 3.500% 10/25/46 FMV 2618 2618 FED NATL MTG ASSN REMIC 7.500% 11/25/43 FMV 26919 26919 FED NATL MTG ASSN REMIC 6.5000% 7/25/42 FMV 61780 61780 FED NATL MTG ASSN REMIC 6.50001% 6/25/44 FMV 16342 16342 FED NATL MTG ASSN REMIC 6.500 06/25/28 FMV 10654 10654 FED NATL MTG ASSN REMIC 6.02934% 2/25/44 FMV 35500 35500 FED NATL MTG ASSN REMIC 5.500 % 04/25/33 FMV 105181 105181 FED NATL MTG ASSN POOL #BM4444 7.000% 01/01/40 FMV 110068 110068 FED NATL MTG ASSN POOL #AL7426 8.000 03/01/2038 FMV 82688 82688 FED NATL MTG ASSN POOL #873731 DTD 08/01/06 5.880 07/01/2023 FMV 70323 70323 FED NATL MTG ASSN POOL #767867 DTD 04/01/04 5.500 03/01/2033 FMV 34747 34747 FED NATL MTG ASSN POOL #725222 DTD 02/01/04 5.5 02/01/2034 FMV 20982 20982 FED NATL MTG ASSN POOL #596686 DTD 11/01/01 6.500 11/01/2031 FMV 8970 8970 G N M A GTD REMIC VAR 5/20/51 FMV 72206 72206 G N M A GTD REMIC 6.500% 1/20/49 FMV 20633 20633 G N M A GTD REMIC 6.500% 10/20/48 FMV 22903 22903 G N M A GTD REMIC 6.500% 3/20/49 FMV 9801 9801 FED HOME LN MTG CORP SER 2417 CL BZ DTD 02/01/02 6.500% 02/15/32 FMV 78970 78970 FED HOME LN MTG CORP SER 3393 CL BY 11/01/07 5.500 11/15/37 FMV 29144 29144 FED HOME LN MTG CORP SER 4413 CL VB DTD 11/01/14 3.000 06/15/35 FMV 119535 119535 FED HOME LN MTG CORP SER 4863 CL H DTD 02/01/19 7.000% 03/15/49 FMV 20069 20069 FED HOME LN MTG CORP SER 4869 CL BT DTD 03/01/19 6.500% 02/15/49 FMV 14411 14411 FED NATL MTG ASSN POOL #254070 DTD 09/01/01 7.500 07/01/2031 FMV 9539 9539 FED NATL MTG ASSN POOL #254279 DTD 01/01/02 6.500 12/01/2031 FMV 13808 13808 FED NATL MTG ASSN POOL #254653 DTD 12/01/02 6.500 01/01/2033 FMV 17530 17530 FED HOME LN MTG CORP POOL #C01416 DTD 09/01/02 7.000 09/01/2032 FMV 14957 14957 FED NATL MTG ASSN POOL #256001 DTD 10/01/05 6.000 11/01/2025 FMV 5357 5357 AMERICAN TOWER CORP FMV 105930 105930 FED NATL MTG ASSN POOL #333876 DTD 12/01/95 8.500 03/01/2025 FMV 7265 7265 FED NATL MTG ASSN POOL #458178 DTD 09/01/05 7.346 08/15/2032 FMV 8127 8127 GOVT NATL MTG ASSN POOL #784135 DTD 03/01/16 7.000 10/15/2029 FMV 20757 20757 GOVT NATL MTG ASSN POOL #781401 DTD 02/01/02 7.500 02/15/2032 FMV 13210 13210 GOVT NATL MTG ASSN POOL #529261 DTD 02/01/00 8.000 02/15/2030 FMV 9636 9636 GOVT NATL MTG ASSN II POOL #616768 DTD 12/01/04 6.500 11/20/2034 FMV 11542 11542 G N M A GTD REMIC 7.000% 11/20/48 FMV 17340 17340 FED NATL MTG ASSN POOL #256715 DTD 04/01/07 6.000 05/01/2027 FMV 9226 9226 FED HOME LN MTG CORP POOL #G02391 DTD 10/01/06 6.000 11/01/2036 FMV 14640 14640 LEGAL FEES 3473 1737 1736 CURRENT YEAR UNREALIZED GAINS (LOSSES) 5382097 OTHER ADJUSTMENTS OF TIMING (ACCRUAL TO CASH) 24397 COMPUTER/SOFTWARE SUPPORT 31005 15503 15502 DUES & SUBSCRIPTIONS 25285 25285 0 INSURANCE 7467 1867 5600 PHONE & DATA 13767 1377 10325 POSTAGE AND SHIPPING 3996 0 3996 SUPPLIES 17956 8978 8978 MISCELLANEOUS 1870 0 0 VEHICLE REPAIR 6 0 0 LOSS ON DISPOSAL OF ASSET -1970 -1970 INVESTMENT FEES 164258 164258 0 FOREIGN TAXES 9278 9278 0 EMPLOYMENT TAXES 34703 0 34703 FEDERAL TAX PAYMENTS 20000 0 0