THE LEONARD RYDELL FOUNDATION: Form 990PF, tax year 2024

View the entire original 990 at ProPublica ↗

Organization: THE LEONARD RYDELL FOUNDATION (EIN 45-0459133)
Tax period: 2024-01-01 to 2024-12-31
Filed: 2025-05-13
IRS object ID: 202511339349101531
Schema version: 2024v5.1
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
Amortization Schedule
Applied To Prior Year Election
Investments Corp Bonds Schedule
Investments Corp Stock Schedule
Investments Govt Obligations Sch
Other Assets Schedule
Other Expenses Schedule
Other Professional Fees Schedule
Taxes Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2025-05-13T11:02:58-05:00	ReturnTs
Tax Period End	2024-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	450310328	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	BRADY MARTZ & ASSOCIATES PC	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 14296	AddressLine1Txt
City	GRAND FORKS	CityNm
State Abbreviation	ND	StateAbbreviationCd
ZIP	582084296	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990PF	ReturnTypeCd
Tax Period Begin	2024-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	450459133	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	THE LEONARD RYDELL FOUNDATION	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	LEON	BusinessNameControlTxt
Phone	7017727211	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	2700 SO WASHINGTON ST PO BOX 133	AddressLine1Txt
City	GRAND FORKS	CityNm
State Abbreviation	ND	StateAbbreviationCd
ZIP	582083398	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	WES RYDELL	PersonNm
Person Title	PRESIDENT	PersonTitleTxt
Phone	7017756615	PhoneNum
Signature	2025-05-12	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	JUSTIN BURCHILL	PreparerPersonNm
PTIN	P00961426	PTIN
Phone	7017754685	PhoneNum
Preparation	2025-05-12	PreparationDt

Field	Value	IRS element (for citing)
Tax	2024	TaxYr
Build TS	2025-03-06 01:10:19Z	BuildTS

Form 990-PF IRS990PF

Field	Value	IRS element (for citing)
Organization501c3 Exempt PF	Yes (X)	Organization501c3ExemptPFInd
FMV Assets EOY	$1,546,752	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	$10,000	ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss	$35,509	InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm	$35,509	InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss	$18,737	DividendsRevAndExpnssAmt
Dividends Net Invst Incm	$18,737	DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss	$44,071	NetGainSaleAstRevAndExpnssAmt
Gross Sales Price	$490,629	GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm	$44,071	CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss	$108,317	TotalRevAndExpnssAmt
Total Net Invst Incm	$98,317	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
Accounting Fees Rev And Expnss	$1,485	AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm	$743	AccountingFeesNetInvstIncmAmt
Accounting Fees Chrtbl Prps	$742	AccountingFeesChrtblPrpsAmt
Other Prof Fees Rev And Expnss	$5,195	OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm	$2,598	OtherProfFeesNetInvstIncmAmt
Other Prof Fees Dsbrs Chrtbl	$2,597	OtherProfFeesDsbrsChrtblAmt
Taxes Rev And Expnss	$1,175	TaxesRevAndExpnssAmt
Taxes Net Invst Incm	$5	TaxesNetInvstIncmAmt
Taxes Dsbrs Chrtbl	$0	TaxesDsbrsChrtblAmt
Other Expenses Rev And Expnss	$4,939	OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm	$4,939	OtherExpensesNetInvstIncmAmt
Other Expenses Dsbrs Chrtbl	$0	OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss	$12,794	TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm	$8,285	TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl	$3,339	TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss	$96,000	ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl	$96,000	ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss	$108,794	TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm	$8,285	TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl	$99,339	TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses	-$477	ExcessRevenueOverExpensesAmt
Net Investment Income	$90,032	NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Field	Value	IRS element (for citing)
Sav And Temp Cash Invst BOY	$112,802	SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY	$98,468	SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV	$98,468	SavAndTempCashInvstEOYFMVAmt
US Government Obligations BOY	$233,335	USGovernmentObligationsBOYAmt
US Government Obligations EOY	$291,450	USGovernmentObligationsEOYAmt
US Govt Obligations EOYFMV	$245,514	USGovtObligationsEOYFMVAmt
Corporate Stock BOY	$401,168	CorporateStockBOYAmt
Corporate Stock EOY	$361,642	CorporateStockEOYAmt
Corporate Stock EOYFMV	$454,054	CorporateStockEOYFMVAmt
Corporate Bonds BOY	$814,809	CorporateBondsBOYAmt
Corporate Bonds EOY	$810,012	CorporateBondsEOYAmt
Corporate Bonds EOYFMV	$747,391	CorporateBondsEOYFMVAmt
Land Bldg Equip Cost Or Other Bss	$4,939	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$4,939	LandBldgEquipAccumDeprecAmt
Other Assets BOY	$1,260	OtherAssetsBOYAmt
Other Assets EOY	$1,325	OtherAssetsEOYAmt
Other Assets EOYFMV	$1,325	OtherAssetsEOYFMVAmt
Total Assets BOY	$1,563,374	TotalAssetsBOYAmt
Total Assets EOY	$1,562,897	TotalAssetsEOYAmt
Total Assets EOYFMV	$1,546,752	TotalAssetsEOYFMVAmt
Total Liabilities BOY	$0	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$0	TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117	Yes (X)	OrgDoesNotFollowFASB117Ind
Capital Stock BOY	$0	CapitalStockBOYAmt
Capital Stock EOY	$0	CapitalStockEOYAmt
Additional Paid In Capital BOY	$0	AdditionalPaidInCapitalBOYAmt
Additional Paid In Capital EOY	$0	AdditionalPaidInCapitalEOYAmt
Retained Earning BOY	$1,563,374	RetainedEarningBOYAmt
Retained Earning EOY	$1,562,897	RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY	$1,563,374	TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY	$1,562,897	TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY	$1,563,374	TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY	$1,562,897	TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Field	Value	IRS element (for citing)
Tot Net Ast Or Fund Balances BOY	$1,563,374	TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses	-$477	ExcessRevenueOverExpensesAmt
Other Increases	$0	OtherIncreasesAmt
Subtotal	$1,562,897	SubtotalAmt
Other Decreases	$0	OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY	$1,562,897	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
PUBLICLY TRADED SECURITIES	$290,276	$265,452	$24,824	$24,824
PUBLICLY TRADED SECURITIES	$196,772	$181,106	$15,666	$15,666
CAPITAL GAINS DIVIDENDS	$3,581		$3,581	$3,581	P

Field	Value	IRS element (for citing)
Capital Gain Net Income	$44,071	CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Field	Value	IRS element (for citing)
Investment Income Excise Tax	$1,251	InvestmentIncomeExciseTaxAmt
Tax Under Section511	$0	TaxUnderSection511Amt
Subtotal	$1,251	SubtotalAmt
Subtitle A Tax	$0	SubtitleATaxAmt
Tax Based On Investment Income	$1,251	TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx	$1,266	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	$1,266	TotalPaymentsAndCreditsAmt
Es Penalty	$0	EsPenaltyAmt
Overpayment	$15	OverpaymentAmt
Applied To ES Tax	$15	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	ND	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	ALERUS FINANCIAL-ATTNMATT JACOBSON	IndividualWithBooksNm
Phone	7017953200	PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 6001	AddressLine1Txt
City	GRAND FORKS	CityNm
State Abbreviation	ND	StateAbbreviationCd
ZIP	582066001	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 (6 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
WES RYDELL
3202 BELMONT ROAD	GRAND FORKS	ND	58201	PRESIDENT & DIRECTOR	0.00	$0	$0	$0
DENNIS LUNDE
PO BOX 6001	CAREFREE	AZ	85377	VICE-PRES. & DIRECTOR	0.00	$0	$0	$0
IVAN GANDRUD
1160 KUHNS RD	WHITEFISH	MT	59937	TREASURER & DIRECTOR	0.00	$0	$0	$0
RANDY NEHRING
4901 W 26TH ST	SIOUX FALLS	SD	57106	SECRETARY & DIRECTOR	0.00	$0	$0	$0
JIM RYDELL
3521 INVERNESS	WATERLOO	IA	50701	DIRECTOR	0.00	$0	$0	$0
CONNIE MONDRY
308 E LAKE GENEVA RD NE	ALEXANDRIA	MN	56308	DIRECTOR	0.00	$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	$1,469,624	AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances	$87,097	AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast	$0	FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets	$1,556,721	TotalFMVOfUnusedAssetsAmt
Reduction Claimed	$0	ReductionClaimedAmt
Acquisition Indebtedness	$0	AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast	$1,556,721	AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable	$23,351	CashDeemedCharitableAmt
Net Vl Noncharitable Assets	$1,533,370	NetVlNoncharitableAssetsAmt
Minimum Investment Return	$76,669	MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

Field	Value	IRS element (for citing)
Minimum Investment Return	$76,669	MinimumInvestmentReturnAmt
Tax Based On Investment Income	$1,251	TaxBasedOnInvestmentIncomeAmt
Total Tax	$1,251	TotalTaxAmt
Distributable Before Adj	$75,418	DistributableBeforeAdjAmt
Recoveries Qualfied Distri	$0	RecoveriesQualfiedDistriAmt
Distributable Before Ded	$75,418	DistributableBeforeDedAmt
Deduction From Distributable	$0	DeductionFromDistributableAmt
Distributable As Adjusted	$75,418	DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

Field	Value	IRS element (for citing)
Expenses And Contributions	$99,339	ExpensesAndContributionsAmt
Program Related Invst Total	$0	ProgramRelatedInvstTotalAmt
Qualifying Distributions	$99,339	QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

Field	Value	IRS element (for citing)
Distributable As Adjusted	$75,418	DistributableAsAdjustedAmt
Undistributed Income PY	$69,954	UndistributedIncomePYAmt
Prior Year1	2022	PriorYear1Yr
Total For Prior Years	$3,670	TotalForPriorYearsAmt
Total Excess Distribution Cyov	$0	TotalExcessDistributionCyovAmt
Qualifying Distributions	$99,339	QualifyingDistributionsAmt
Applied To Year1	$69,954	AppliedToYear1Amt
Applied To Prior Years	$3,670	AppliedToPriorYearsAmt
Treated As Distri From Corpus	$0	TreatedAsDistriFromCorpusAmt
Applied To Current Year	$25,715	AppliedToCurrentYearAmt
Remaining Distri From Corpus	$0	RemainingDistriFromCorpusAmt
Excess Distri Cyov App CY Corpus	$0	ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY	$0	ExcessDistributionCyovAppCYAmt
Total Corpus	$0	TotalCorpusAmt
Prior Year Undistributed Incm	$0	PriorYearUndistributedIncmAmt
Prior Year Deficiency Or Tax	$0	PriorYearDeficiencyOrTaxAmt
Taxable1	$0	Taxable1Amt
Taxable2	$0	Taxable2Amt
Undistributed Income CY	$49,703	UndistributedIncomeCYAmt
Corpus Distri170b1 E Or4942g3	$0	CorpusDistri170b1EOr4942g3Amt
Excess Distri Cyov From Yr5	$0	ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr	$0	ExcessDistriCyovToNextYrAmt

Supplementary Information SupplementaryInformationGrp

Field	Value	IRS element (for citing)
Contributing Manager	WES RYDELL	ContributingManagerNm
Contributing Manager	DENNIS LUNDE	ContributingManagerNm
Contributing Manager	IVAN GANDRUD	ContributingManagerNm
Contributing Manager	RANDY NEHRING	ContributingManagerNm
Contributing Manager	JIM RYDELL	ContributingManagerNm

Application Submission Info ApplicationSubmissionInfoGrp

Field	Value	IRS element (for citing)
Recipient Person	MATT JACOBSON ALERUS FINANCIAL	RecipientPersonNm

Recipient US Address RecipientUSAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 6001	AddressLine1Txt
City	GRAND FORKS	CityNm
State Abbreviation	ND	StateAbbreviationCd
ZIP	582066001	ZIPCd

Field	Value	IRS element (for citing)
Recipient Phone	7017953200	RecipientPhoneNum
Form And Info And Materials	PRESCRIBED APPLICATION FORM	FormAndInfoAndMaterialsTxt
Submission Deadlines	JULY PRECEDING THE BEGINNING OF THE SCHOOL YEAR	SubmissionDeadlinesTxt
Restrictions On Awards	EDUCATIONAL SCHOLARSHIPS ONLY - MAXIMUM OF $2,000 PER AWARD.	RestrictionsOnAwardsTxt

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (40 entries)

Address Line1RecipientUSAddress/AddressLine1Txt	CityRecipientUSAddress/CityNm	State AbbreviationRecipientUSAddress/StateAbbreviationCd	ZIPRecipientUSAddress/ZIPCd	Recipient RelationshipRecipientRelationshipTxt	Recipient Foundation StatusRecipientFoundationStatusTxt	Grant Or Contribution PurposeGrantOrContributionPurposeTxt	AmtAmt
AUGUSTANA UNIVERSITY
2001 S SUMMIT AVE	SIOUX FALLS	SD	57197	NONE	EDUCATIONAL ORGANIZA	SCHOLARSHIP	$2,000
BEMIDJI STATE UNIVERSITY
1500 BIRCHMONT DR NE	BEMIDJI	MN	56601	NONE	EDUCATIONAL ORGANIZA	SCHOLARSHIP	$2,000
BETHANY LUTHERAN COLLEGE
700 LUTHER DR	MANKATO	MN	56001	NONE	EDUCATIONAL ORGANIZA	SCHOLARSHIP	$2,000
BETHEL UNIVERSITY
3900 BETHEL DR	ST PAUL	MN	55112	NONE	EDUCATIONAL ORGANIZA	SCHOLARSHIP	$2,000
BOISE STATE UNIVERSITY
1910 UNIVERSITY DRIVE	BOISE	ID	83725	NONE	EDUCATIONAL ORGANIZA	SCHOLARSHIP	$2,000
CONCORDIA UNIVERSITY
12800 N LAKE SHORE DR	MEQUON	WI	53097	NONE	EDUCATIONAL ORGANIZA	SCHOLARSHIP	$2,000
DAKOTA COUNTY TECHNICAL COLLEGE
1300 145TH ST E	ROSEMOUNT	MN	55068	NONE	EDUCATIONAL ORGANIZA	SCHOLARSHIP	$2,000
DAKOTA WESLEYAN UNIVERSITY
1200 W UNIVERSITY AVE	MITCHELL	SD	57301	NONE	EDUCATIONAL ORGANIZA	SCHOLARSHIP	$2,000
FOX VALLEY TECHNICAL COLLEGE
1825 N BLUEMOUND DR	APPLETON	WI	54914	NONE	EDUCATIONAL ORGANIZA	SCHOLARSHIP	$2,000
GRAND CANYON UNIVERSITY
3300 W CAMELBACK RD	PHOENIX	AZ	85017	NONE	EDUCATIONAL ORGANIZA	SCHOLARSHIP	$2,000
IOWA STATE UNIVERSITY
515 MORRILL RD	AMES	IA	500112103	NONE	EDUCATIONAL ORGANIZA	SCHOLARSHIP	$6,000
KANSAS STATE UNIVERSITY
919 MID-CAMPUS DRIVE	MANHATTAN	KS	66506	NONE	EDUCATIONAL ORGANIZA	SCHOLARSHIP	$2,000
LAKELAND UNIVERSITY
W3711 NORTH DR	PLYMOUTH	WI	53073	NONE	EDUCATIONAL ORGANIZA	SCHOLARSHIP	$2,000
LAKESHORE TECHNICAL COLLEGE
7223 S CLEVELAND RD	CLEVELAND	WI	53015	NONE	EDUCATIONAL ORGANIZA	SCHOLARSHIP	$2,000
LARAMIE CO COMMUNITY COLLEGE
1400 E COLLEGE DR	CHEYENNE	WY	82007	NONE	EDUCATIONAL ORGANIZA	SCHOLARSHIP	$2,000
LOUISIANA STATE UNIVERSITY
1146 PLEASANT HALL	BATON ROUGE	LA	70803	NONE	EDUCATIONAL ORGANIZA	SCHOLARSHIP	$2,000
MARIAN UNIVERSITY
45 S NATIONAL AVE	FOND DU LAC	WI	54935	NONE	EDUCATIONAL ORGANIZA	SCHOLARSHIP	$2,000
MICHIGAN TECH UNIVERSITY
1400 TOWNSEND DR	HOUGHTON	MI	49931	NONE	EDUCATIONAL ORGANIZA	SCHOLARSHIP	$2,000
MOUNT MARY UNIVERSITY
2900 N MENOMONEE RIVER PKWY	MILWAUKEE	WI	53222	NONE	EDUCATIONAL ORGANIZA	SCHOLARSHIP	$2,000
NORTH DAKOTA STATE UNIVERSITY
1340 ADMINISTRATION AVENUE	FARGO	ND	58102	NONE	EDUCATIONAL ORGANIZA	SCHOLARSHIP	$6,000
NORTHEASTERN JUNIOR COLLEGE
100 COLLEGE AVE	STERLING	CO	80751	NONE	EDUCATIONAL ORGANIZA	SCHOLARSHIP	$2,000
NORTHERN STATE UNIVERSITY
1200 SOUTH JAY STREET	ABERDEEN	SD	57401	NONE	EDUCATIONAL ORGANIZA	SCHOLARSHIP	$2,000
OZARKS TECHNICAL COMMUNITY COLLEGE
1001 E CHESTNUT EXPY	SPRINGFIELD	MO	65802	NONE	EDUCATIONAL ORGANIZA	SCHOLARSHIP	$2,000
ROCHESTER COMMUNITY AND TECHNICAL COLLEGE
851 30TH AVE SE	ROCHESTER	MN	55904	NONE	EDUCATIONAL ORGANIZA	SCHOLARSHIP	$2,000
ROCKY MOUNTAIN COLLEGE
1511 POLY DR	BILLINGS	MT	59102	NONE	EDUCATIONAL ORGANIZA	SCHOLARSHIP	$2,000
SAN DIEGO MIRAMAR COLLEGE
10440 BLACK MOUNTAIN RD	SAN DIEGO	CA	92126	NONE	EDUCATIONAL ORGANIZA	SCHOLARSHIP	$2,000
SNOW COLLEGE
150 E COLLEGE AVE	EPHRAIM	UT	84627	NONE	EDUCATIONAL ORGANIZA	SCHOLARSHIP	$2,000
SOUTH DAKOTA STATE UNIVERSITY
ADMINISTRATION SAD 130	BROOKINGS	SD	57007	NONE	EDUCATIONAL ORGANIZA	SCHOLARSHIP	$2,000
UNIVERSITY OF CALIFORNIA - BERKELEY
2440 BANCROFT WAY	BERKELEY	CA	94720	NONE	EDUCATIONAL ORGANIZA	SCHOLARSHIP	$2,000
UNIVERSITY OF MINNESOTA - DULUTH
1049 UNIVERSITY DRIVE	DULUTH	MN	55812	NONE	EDUCATIONAL ORGANIZA	SCHOLARSHIP	$2,000
UNIVERSITY OF MINNESOTA - MORRIS
309 BEHMLER HALL	MORRIS	MN	56267	NONE	EDUCATIONAL ORGANIZA	SCHOLARSHIP	$2,000
UNIVERSITY OF MINNESOTA - ROCHESTER
111 BROADWAY AVE S SUITE 300	ROCHESTER	MN	55904	NONE	EDUCATIONAL ORGANIZA	SCHOLARSHIP	$2,000
UNIVERSITY OF NEBRASKA - LINCOLN
501 N 14TH ST	LINCOLN	NE	68508	NONE	EDUCATIONAL ORGANIZA	SCHOLARSHIP	$4,000
UNIVERSITY OF NORTH DAKOTA
264 CENTENNIAL DR	GRAND FORKS	ND	58202	NONE	EDUCATIONAL ORGANIZA	SCHOLARSHIP	$6,000
UNIVERSITY OF NORTHERN COLORADO
1300 23RD ST	GREELEY	CO	80639	NONE	EDUCATIONAL ORGANIZA	SCHOLARSHIP	$2,000
UNIVERSITY OF PROVIDENCE
1301 20TH STREET SOUTH	GREAT FALLS	MT	59405	NONE	EDUCATIONAL ORGANIZA	SCHOLARSHIP	$2,000
UNIVERSITY OF WISCONSIN - LA CROSSE
1725 STATE STREET	LA CROSSE	WI	54601	NONE	EDUCATIONAL ORGANIZA	SCHOLARSHIP	$2,000
UNIVERSITY OF WISCONSIN - MILWAUKEE
PO BOX 500	MILWAUKEE	WI	536010500	NONE	EDUCATIONAL ORGANIZA	SCHOLARSHIP	$4,000
UNIVERSITY OF WISCONSIN - OSHKOSH
800 ALGOMA BLVD	OSHKOSH	WI	54901	NONE	EDUCATIONAL ORGANIZA	SCHOLARSHIP	$2,000
VALLEY CITY STATE UNIVERSITY
101 COLLEGE ST SE	VALLEY CITY	ND	58072	NONE	EDUCATIONAL ORGANIZA	SCHOLARSHIP	$2,000

Field	Value	IRS element (for citing)
Total Grant Or Contri Pd Dur Yr	$96,000	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	$35,509	ExclusionAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$18,737	ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

Field	Value	IRS element (for citing)
Exclusion	18	ExclusionCd
Exclusion	$44,071	ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Field	Value	IRS element (for citing)
Unrelated Business Taxbl Incm	$0	UnrelatedBusinessTaxblIncmAmt
Exclusion	$98,317	ExclusionAmt
Related Or Exempt Function Incm	$0	RelatedOrExemptFunctionIncmAmt

Field	Value	IRS element (for citing)
Total Income Producing Acty	$98,317	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

Field	Value	IRS element (for citing)
Contributor	1	ContributorNum

Contributor Business Name ContributorBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	TOYOTA OF GRAND FORKS	BusinessNameLine1Txt

Contributor US Address ContributorUSAddress

Field	Value	IRS element (for citing)
Address Line1	2473 32ND AVE S	AddressLine1Txt
City	GRAND FORKS	CityNm
State Abbreviation	ND	StateAbbreviationCd
ZIP	58201	ZIPCd

Field	Value	IRS element (for citing)
Total Contributions	$10,000	TotalContributionsAmt
Person Contribution	Yes (X)	PersonContributionInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

Field	Value	IRS element (for citing)
Category	ACCOUNTING FEES	CategoryTxt
Amt	$1,485	Amt
Net Investment Income	$743	NetInvestmentIncomeAmt
Disbursements Charitable Prps	$742	DisbursementsCharitablePrpsAmt

Amortization Schedule AmortizationSchedule

Amortization Schedule Detail AmortizationScheduleDetail

Field	Value	IRS element (for citing)
Amortized Expenses	BOND PREMIUMS	AmortizedExpensesDesc
Acquired Completed Or Expended	2024-12-31	AcquiredCompletedOrExpendedDt
Amortized	$4,939	AmortizedAmt
Amortization Period	1.000000000000	AmortizationPeriodRt
Current Year Amortization	$4,939	CurrentYearAmortizationAmt
Net Investment Income	$4,939	NetInvestmentIncomeAmt
Total Amortization	$4,939	TotalAmortizationAmt

Applied To Prior Year Election AppliedToPriorYearElection

Field	Value	IRS element (for citing)
Election	PURSUANT TO IRC SEC. 4942(H)(2) AND REG. 53.4942(A)-3(D)(2), THE LEONARD RYDELL FOUNDATION HEREBY ELECTS TO TREAT CURRENT YEAR QUALIFYING DISTRIBUTIONS IN EXCESS OF THE IMMEDIATELY PRECEDING TAX YEAR'S UNDISTRIBUTED INCOME AS BEING MADE OUT OF UNDISTRIBUTED INCOME FROM THE TAX YEARS ENDING 12/31/2022 IN THE AMOUNTS OF $3,670.	ElectionDesc

Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule

Investments Corporate Bonds InvestmentsCorporateBondsGrp

Field	Value	IRS element (for citing)
Bond	ALERUS AGENCY-CORPORATE BONDS	BondNm
EOY Book Value	$810,012	EOYBookValueAmt
EOYFMV	$747,391	EOYFMVAmt

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

Field	Value	IRS element (for citing)
Stock	ALERUS AGENCY-COMMON STOCK	StockNm
EOY Book Value	$361,642	EOYBookValueAmt
EOYFMV	$454,054	EOYFMVAmt

Investments Govt Obligations Sch InvestmentsGovtObligationsSch

Field	Value	IRS element (for citing)
US Govt Obligations Book Vl EOY	$291,450	USGovtObligationsBookVlEOYAmt
US Govt Obligations EOYFMV	$245,514	USGovtObligationsEOYFMVAmt
State Local Sec Book Vl EOY	$0	StateLocalSecBookVlEOYAmt
State Local Sec EOYFMV	$0	StateLocalSecEOYFMVAmt

Other Assets Schedule OtherAssetsSchedule

Other Assets Schedule OtherAssetsScheduleGrp (2 entries)

DescDesc	BOY Book ValueBOYBookValueAmt	EOY Book ValueEOYBookValueAmt	EOYFMVEOYFMVAmt
INTEREST RECEIVABLE	$471	$457	$457
DIVIDEND RECEIVABLE	$789	$868	$868

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp

Field	Value	IRS element (for citing)
Desc	AMORTIZATION	Desc
Revenue And Expenses Per Books	$4,939	RevenueAndExpensesPerBooksAmt
Net Investment Income	$4,939	NetInvestmentIncomeAmt
Disbursements Charitable Prps	$0	DisbursementsCharitablePrpsAmt

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)

CategoryCategoryTxt	AmtAmt	Net Investment IncomeNetInvestmentIncomeAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt
TRUSTEE FEES	$5,193	$2,597	$2,596
OTHER FEES	$2	$1	$1

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (2 entries)

CategoryCategoryTxt	AmtAmt	Net Investment IncomeNetInvestmentIncomeAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt
FEDERAL EXCISE TAX ON INVESTMENT INCOME	$1,170	$0	$0
FOREIGN TAX WITHHELD	$5	$5	$0