CHARLSON FOUNDATION: Form 990PF, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- CHARLSON FOUNDATION (EIN 41-1313302)
- Tax period
- 2020-01-01 to 2020-12-31
- Filed
- 2021-11-02
- IRS object ID
- 202123069349101592
- Schema version
- 2020v4.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990-PF
- Land Etc 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 | 2021-11-02T19:18:19-07:00 | ReturnTs |
| Tax Period End | 2020-12-31 | TaxPeriodEndDt |
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2020-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 411313302 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Charlson Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | CHAR | BusinessNameControlTxt |
| Phone | 9529386968 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5275 Edina Industrial Blvd | AddressLine1Txt |
| City | Edina | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 55439 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Leslie Stiles | PersonNm |
| Person Title | Vice President | PersonTitleTxt |
| Signature | 2021-11-02 | SignatureDt |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | Leslie | PersonFirstNm |
| Person Last | Stiles | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 0 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Federated Assurance Level | FAL1 | FederatedAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2020 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $11,942,647 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $17 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $17 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $210,727 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $210,727 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $990,754 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $7,157,037 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $996,894 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $1,201,498 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $1,207,638 | TotalNetInvstIncmAmt |
| Legal Fees Rev And Expnss | $2,937 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $294 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $2,643 | LegalFeesDsbrsChrtblAmt |
| Other Prof Fees Rev And Expnss | $64,550 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $53,126 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $11,424 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $7,846 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $3,295 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $4,551 | TaxesDsbrsChrtblAmt |
| Occupancy Rev And Expnss | $19,212 | OccupancyRevAndExpnssAmt |
| Occupancy Net Invst Incm | $1,921 | OccupancyNetInvstIncmAmt |
| Occupancy Dsbrs Chrtbl | $17,291 | OccupancyDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $1,221 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $1,221 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $2,123 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $294 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $1,829 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $97,889 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $58,930 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $38,959 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $1,022,178 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $1,022,178 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $1,120,067 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $58,930 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $1,061,137 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $81,431 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $1,148,708 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $44,250 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $29,352 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $29,352 | SavAndTempCashInvstEOYFMVAmt |
| US Government Obligations BOY | $2,612,926 | USGovernmentObligationsBOYAmt |
| Corporate Stock BOY | $11,061,785 | CorporateStockBOYAmt |
| Corporate Stock EOY | $10,123,754 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $11,912,421 | CorporateStockEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $8,996 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $8,996 | LandBldgEquipAccumDeprecAmt |
| Other Assets BOY | $874 | OtherAssetsBOYAmt |
| Other Assets EOY | $874 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $874 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $13,719,835 | TotalAssetsBOYAmt |
| Total Assets EOY | $10,153,980 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $11,942,647 | TotalAssetsEOYFMVAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $13,719,835 | RetainedEarningBOYAmt |
| Retained Earning EOY | $10,153,980 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $13,719,835 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $10,153,980 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $13,719,835 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $10,153,980 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $13,719,835 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $81,431 | ExcessRevenueOverExpensesAmt |
| Subtotal | $13,801,266 | SubtotalAmt |
| Other Decreases | $3,647,286 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $10,153,980 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (26 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| MS2570 - Clearbridge Appr - Short Term | P | 2020-06-01 | 2020-12-31 | $19,203 | $21,068 | -$1,865 | -$1,865 |
| MS2570 - Clearbridge Appr - Long Term | P | 2019-06-01 | 2020-12-31 | $81,132 | $93,914 | -$12,782 | -$12,782 |
| MS0611 - Clearbridge Emerg - Short Term | P | 2020-06-01 | 2020-12-31 | $307,741 | $345,178 | -$37,437 | -$37,437 |
| MS0611 - Clearbridge Emerg - Long Term | P | 2019-06-01 | 2020-12-31 | $219,142 | $168,336 | $50,806 | $50,806 |
| MS0611 - Clearbridge Emerg - Non Cov | P | 2013-10-29 | 2020-04-21 | $1,096 | $456 | $640 | $640 |
| MS6119 - Kayne - Short Term | P | 2020-06-01 | 2020-12-31 | $14,625 | $13,600 | $1,025 | $1,025 |
| MS6119 - Kayne - Long Term | P | 2019-06-01 | 2020-12-31 | $134,116 | $71,020 | $63,096 | $63,096 |
| MS8247 - Harding - Short Term | P | 2020-06-01 | 2020-12-31 | $42,312 | $50,168 | -$7,856 | -$7,856 |
| MS8247 - Harding - Long Term | P | 2019-06-01 | 2020-12-31 | $122,832 | $135,727 | -$12,895 | -$12,895 |
| MS8247 - Harding - Long Non Cov | P | 2008-03-19 | 2020-05-11 | $5,117 | $2,458 | $2,659 | $2,659 |
| MS9286 - Cambiar - Short Term | P | 2020-06-01 | 2020-12-31 | $690,615 | $637,456 | $53,159 | $53,159 |
| MS9286 - Cambiar - Long Term | P | 2019-06-01 | 2020-12-31 | $563,854 | $542,764 | $21,090 | $21,090 |
| MS9286 - Cambiar - Captial Gain Dist | P | 2019-03-01 | 2020-12-31 | $399 | $399 | $399 | |
| MS0944 - Cov Calls - Short Term | P | 2020-06-01 | 2020-12-31 | $1,924,146 | $1,886,492 | $37,654 | $37,654 |
| MS0944 - Cov Calls - Long Term | P | 2019-06-01 | 2020-12-31 | $1,326,987 | $872,640 | $454,347 | $454,347 |
| MS0944 - Cov Calls - Non Cov | P | 2010-09-23 | 2020-01-17 | $5,353 | $1,037 | $4,316 | $4,316 |
| MS6688 - AM Strat - Short Term | P | 2020-06-01 | 2020-12-31 | $11,183 | $10,635 | $548 | $548 |
| MS6688 - AB Strat - Long Term | P | 2019-06-01 | 2020-12-31 | $1,453,370 | $1,039,546 | $413,824 | $413,824 |
| MS6688 - AB Strat - Long Non Cov | P | 2018-12-06 | 2020-04-20 | $169,780 | $199,397 | -$29,617 | -$29,617 |
| MS6688 - AB Strat - Capital Gain Dist | P | 2019-06-01 | 2020-12-31 | $652 | $652 | $652 | |
| MS6119 - Kayne - Short Term | P | 2020-09-04 | 2020-09-11 | $197 | $211 | -$14 | -$14 |
| MS8247 - Harding - Short Term | P | 2019-07-01 | 2020-04-14 | $1,553 | $1,691 | -$138 | -$138 |
| MS8247 - Harding - Long Term | P | 2014-01-03 | 2020-06-02 | $2,092 | $2,496 | -$404 | -$404 |
| MS9286 - Cambiar - Short Term | P | 2019-10-19 | 2020-07-14 | $32,997 | $36,744 | -$3,747 | -$3,747 |
| MS9286 - Cambiar - Long Term | P | 2016-12-21 | 2020-11-23 | $26,543 | $33,249 | -$6,706 | -$6,706 |
| Wash Sale | $6,140 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $996,894 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | $42,623 | NetShortTermCapitalGainLossAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $15,967 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $15,967 | SubtotalAmt |
| Tax Based On Investment Income | $15,967 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $10,000 | EstimatedPlusOvpmtIncmTxAmt |
| Extsn Request Income Tax Paid | $6,000 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $16,000 | TotalPaymentsAndCreditsAmt |
| Overpayment | $33 | OverpaymentAmt |
| Applied To ES Tax | $33 | AppliedToESTaxAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | MN | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Leslie Stiles | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 9529386968 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5275 Edina Industrial Blvd | AddressLine1Txt |
| City | Edina | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 554392914 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | false | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | false | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt |
|---|---|---|---|---|---|---|
| Kim Herzog | ||||||
| 5275 Edina Industrial Blvd 111 | Edina | MN | 55439 | President | 0.20 | $0 |
| Leslie Stiles | ||||||
| 5275 Edina Industrial Blvd 111 | Edina | MN | 55439 | Vice President | 4.00 | $0 |
| Karen McElrath | ||||||
| 5275 Edina Industrial Blvd 111 | Edina | MN | 55439 | Secretary | 3.00 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Morgan Stanley | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 445 East Lake Street 320 | AddressLine1Txt |
| City | Wayzata | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 55391 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Service Type | Investment Consulting | ServiceTypeTxt |
| Compensation | $51,857 | CompensationAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $14,140,701 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $49,559 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $14,190,260 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Adjusted Total FMV Of Unused Ast | $14,190,260 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $212,854 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $13,977,406 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $698,870 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $698,870 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $15,967 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $15,967 | TotalTaxAmt |
| Distributable Before Adj | $682,903 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $682,903 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $682,903 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $1,061,137 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $1,061,137 | QualifyingDistributionsAmt |
| Adjusted Qualifying Distri | $1,061,137 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $682,903 | DistributableAsAdjustedAmt |
| Excess Distribution Cyov Yr5 | $28,192 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $204,420 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $214,239 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $131,547 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $48,062 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $626,460 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $1,061,137 | QualifyingDistributionsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $682,903 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $378,234 | RemainingDistriFromCorpusAmt |
| Total Corpus | $1,004,694 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov From Yr5 | $28,192 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $976,502 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $204,420 | ExcessFromYear4Amt |
| Excess From Year3 | $214,239 | ExcessFromYear3Amt |
| Excess From Year2 | $131,547 | ExcessFromYear2Amt |
| Excess From Year1 | $48,062 | ExcessFromYear1Amt |
| Excess From Current Year | $378,234 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | Charlson Foundation | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5275 Edina Industrial Blvd 111 | AddressLine1Txt |
| City | Edina | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 55439 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 9529386968 | RecipientPhoneNum |
| Form And Info And Materials | First time Applicants: Submit 2-page letter of intent; if accepted, invitation to apply will follow; Renewal Requests: Submit two copies of Full Proposal on MN Common Grant Application, including audited financials. | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | Date provided with invitation to apply | SubmissionDeadlinesTxt |
| Restrictions On Awards | Focus: MN Youth, Children, and Families | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (44 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| The Link | ||||||
| 2010 Glenwood Ave | Minneapolis | MN | 55406 | PC | Event Sponsorship | $30,000 |
| Open Your Hearts | ||||||
| 122 W Franklin Ave 610 | Minneapolis | MN | 55404 | PC | General Operations | $10,000 |
| VEAP | ||||||
| 9600 Aldrich Ave So | Bloomington | MN | 55420 | PC | General Operations | $20,000 |
| St Paul Minnesota Fdn | ||||||
| 101 Fifth Street E 2400 | St Paul | MN | 55101 | PF | MN Disaster Recovery Fund | $200,000 |
| CHUM | ||||||
| 102 West Second Street | Duluth | MN | 55802 | PC | General Operations | $25,000 |
| Gilda's Club Twin Cities | ||||||
| 10560 Wayzata Blvd | Minnetonka | MN | 55305 | PC | General Operations | $35,000 |
| Second Harvest Heartland | ||||||
| 1140 Gervais Ave | St Paul | MN | 55109 | PC | General Operations | $20,000 |
| STEP | ||||||
| 6812 W Lake Street | St Louis Park | MN | 55416 | PC | General Operations | $20,000 |
| CASA of the Ninth | ||||||
| PO Box 3004 | Glenwood Springs | CO | 81502 | PC | General Operations | $15,000 |
| Catholic Chaities - Western Slope | ||||||
| 1004 Grand Ave | Glenwood Springs | CO | 81601 | PC | General Operations | $20,000 |
| LIFT-UP | ||||||
| 800 Railroad Ave | Rifle | CO | 81650 | PC | General Operations | $20,000 |
| St Stephen's Human Services | ||||||
| 2309 Nicollet Ave | Minneapolis | MN | 55404 | PC | General Operations | $40,000 |
| YouthLink | ||||||
| 41 North 12th Street | Minneapolis | MN | 55403 | PC | General Operations | $5,000 |
| Metro Meals on Wheels | ||||||
| 1200 Washington Ave So 380 | Minneapolis | MN | 55415 | PC | General Operations | $15,000 |
| Catholic Charities - St PaulMpls | ||||||
| 1200 Second Ave So | Minneapolis | MN | 55403 | PC | General Operations | $20,000 |
| Family Values for Life | ||||||
| 1280 Arcade Street | St Paul | MN | 55106 | PC | General Operations | $10,000 |
| Abbott NW Hospital Fdn | ||||||
| 800 East 28th Street | Minneapolis | MN | 55407 | PF | Nurses Week Event | $1,000 |
| True Friends | ||||||
| 10509 108th Street NW | Annandale | MN | 55302 | PC | General Operations | $10,000 |
| CommonBond Comunities | ||||||
| 1080 Montreal Ave | St Paul | MN | 55116 | PC | General Operations | $35,000 |
| Lutheran Social Services | ||||||
| 2485 Como Ave | St Paul | MN | 55108 | PC | Metro Homeless Youth Services | $20,000 |
| The Lift Garage | ||||||
| 2401 E Lake Street | Minneapolis | MN | 55406 | PC | General Operations | $23,178 |
| Project for Pride in Living | ||||||
| 1035 E Franklin Ave | Minneapolis | MN | 55404 | PC | Family Support Services | $30,000 |
| Avenues for Youth | ||||||
| 1708 Oak Park Ave No | Minneapolis | MN | 55411 | PC | General Operations | $30,000 |
| Cornerstone Advocacy Service | ||||||
| 1000 E 80th Street | Bloomington | MN | 55420 | PC | General Operations | $30,000 |
| Salvation Army - Northern Div | ||||||
| 2445 Prior Ave No | Roseville | MN | 55113 | PC | Booth Brown House | $10,000 |
| Catholic Charities - St PaulMpls | ||||||
| 1200 Second Ave So | Minneapolis | MN | 55403 | PC | Hope Street | $25,000 |
| Ampersand Families | ||||||
| 2515 Wabash Ave 150 | St Paul | MN | 55114 | PC | General Operations | $20,000 |
| NC Little Memorial Hospice | ||||||
| 7019 Lynmar Lane | Edina | MN | 55435 | PC | General Operations | $10,000 |
| Ampersand Families | ||||||
| 2515 Wabash Ave 150 | St Paul | MN | 55114 | PC | Racial Equity project | $5,000 |
| Minnesota Orchestra | ||||||
| 1111 Nicollet Mall | Minneapolis | MN | 55403 | PC | General Operations | $5,000 |
| YouthLink | ||||||
| 41 North 12th Street | Minneapolis | MN | 55403 | PC | Ignite Change Campaign | $25,000 |
| Rummler Hope Network | ||||||
| 12800 Whitewater Dr 100 | Minneapolis | MN | 55343 | PC | General Operations | $2,000 |
| People Incorporated | ||||||
| 2060 Centre Pointe Blvd 3 | St Paul | MN | 55120 | PC | Outreach program | $20,000 |
| Oasis for Youth | ||||||
| 2200 W Old Shakopee Rd | Bloomington | MN | 55431 | PC | General Operations | $25,000 |
| Ujamaa Place | ||||||
| 1821 University Ave N187 | St Paul | MN | 55104 | PC | General Operations | $5,000 |
| Washburn Center for Children | ||||||
| 1100 Glenwood Ave | Minneapolis | MN | 55405 | PC | Pathways program | $20,000 |
| Charities Review Council | ||||||
| 700 Raymond Ave | St Paul | MN | 55114 | PC | General Operations | $5,000 |
| Vail Place | ||||||
| 23 9th Ave South | Hopkins | MN | 55343 | PC | Vail House project | $20,000 |
| Friends of the Boundary Waters | ||||||
| 2550 University Ave W 1805 | St Paul | MN | 55114 | PC | General Operations | $20,000 |
| Immigrant Law Center of MN | ||||||
| 450 N Syndicate St 200 | St Paul | MN | 55104 | PC | General Operations | $20,000 |
| Dunwoody Colleg of Technology | ||||||
| 818 Dunwoody Blvd | Minneapolis | MN | 55403 | PC | Women in Technology Careers program | $30,000 |
| One Village Partners | ||||||
| 715 Florida Ave So 101 | Minneapolis | MN | 55426 | PC | General Operations | $1,000 |
| Nature Conservancy MN ND SD | ||||||
| 1101 W River Pkway 200 | Minneapolis | MN | 55415 | PC | NE MN Forest Restoration | $20,000 |
| St Paul Minnesota Fdn | ||||||
| 101 Fifth Street E 2400 | St Paul | MN | 55101 | PF | Frontline Families Fund | $50,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $1,022,178 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $17 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $210,727 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $990,754 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $1,201,498 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $1,201,498 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | RelationshipsNonchrtblEOInd |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | Machinery and Equipment | CategoryOrItemTxt |
| Cost Or Other Basis | $8,996 | CostOrOtherBasisAmt |
| Accumulated Depreciation | $8,996 | AccumulatedDepreciationAmt |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp (2 entries)
| CategoryCategoryTxt | Legal FeesLegalFeesAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| Dorsey | $1,187 | $119 | $0 | $1,068 |
| Faegre | $1,750 | $175 | $0 | $1,575 |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Rent Deposit | Desc |
| BOY Book Value | $874 | BOYBookValueAmt |
| EOY Book Value | $874 | EOYBookValueAmt |
| EOYFMV | $874 | EOYFMVAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Endowment Grant not applied as 5% Distributable Amt | Desc |
| Amt | $3,647,286 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (4 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| Insurance | $428 | $428 | |
| Internet | $929 | $889 | $40 |
| Regulatory Fee | $25 | $6 | $19 |
| Supplies, Postage | $741 | $506 | $235 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| MS Investment | $51,857 | $51,857 | $0 | $0 |
| Strategic PLanning | $12,693 | $1,269 | $0 | $11,424 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| Federal Excise | $4,551 | $4,551 | |
| Foreign Inv | $3,295 | $3,295 |