W K KELLOGG FOUNDATION TRUST-T/A 5315: Form 990PF, tax year 2019

View the entire original 990 at ProPublica ↗

Organization: W K KELLOGG FOUNDATION TRUST-T/A 5315 (EIN 36-6030614)
Tax period: 2019-09-01 to 2020-08-31
Filed: 2021-07-12
IRS object ID: 202131939349100338
Schema version: 2019v5.0
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 ReturnHeader

Field	Value	IRS element (for citing)
Return	2021-07-12T16:30:36-05:00	ReturnTs
Tax Period End	2020-08-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	350921680	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	CROWE LLP	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	225 West Wacker Drive Suite 2600	AddressLine1Txt
City	Chicago	CityNm
State Abbreviation	IL	StateAbbreviationCd
ZIP	606061224	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990PF	ReturnTypeCd
Tax Period Begin	2019-09-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	366030614	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	WK Kellogg Foundation Trust - No 5315	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	WKKE	BusinessNameControlTxt
Phone	2699681611	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	ONE MICHIGAN AVE EAST	AddressLine1Txt
City	BATTLE CREEK	CityNm
State Abbreviation	MI	StateAbbreviationCd
ZIP	49017	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	Michael Weiland	PersonNm
Person Title	CORPORATE TRUSTEE	PersonTitleTxt
Signature	2021-07-12	SignatureDt
Discuss With Paid Preparer	Yes (true)	DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	NICOLE BENCIK	PreparerPersonNm
PTIN	P00756195	PTIN
Phone	3128997000	PhoneNum

Field	Value	IRS element (for citing)
Tax	2019	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	$7,902,873,789	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	$156,300,585	DividendsRevAndExpnssAmt
Dividends Net Invst Incm	$202,713,841	DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss	$341,364,470	NetGainSaleAstRevAndExpnssAmt
Gross Sales Price	$1,681,828,559	GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm	$306,132,312	CapGainNetIncmNetInvstIncmAmt
Gross Sales Less Ret And Allwnc	$0	GrossSalesLessRetAndAllwncAmt
Cost Of Goods Sold	$0	CostOfGoodsSoldAmt
Gross Profit Rev And Expnss	$0	GrossProfitRevAndExpnssAmt
Other Income Rev And Expnss	$0	OtherIncomeRevAndExpnssAmt
Other Income Net Invst Incm	$11,894,602	OtherIncomeNetInvstIncmAmt
Other Income Adj Net Incm	$0	OtherIncomeAdjNetIncmAmt
Total Rev And Expnss	$497,665,055	TotalRevAndExpnssAmt
Total Net Invst Incm	$520,740,755	TotalNetInvstIncmAmt
Total Adj Net Incm	$0	TotalAdjNetIncmAmt
Comp Ofcr Dir Trst Rev And Expnss	$3,779,755	CompOfcrDirTrstRevAndExpnssAmt
Comp Ofcr Dir Trst Net Invst Incm	$2,180,948	CompOfcrDirTrstNetInvstIncmAmt
Comp Ofcr Dir Trst Dsbrs Chrtbl	$285,195	CompOfcrDirTrstDsbrsChrtblAmt
Legal Fees Rev And Expnss	$930,074	LegalFeesRevAndExpnssAmt
Legal Fees Net Invst Incm	$790,275	LegalFeesNetInvstIncmAmt
Legal Fees Adj Net Incm	$0	LegalFeesAdjNetIncmAmt
Legal Fees Dsbrs Chrtbl	$0	LegalFeesDsbrsChrtblAmt
Accounting Fees Rev And Expnss	$322,449	AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm	$275,169	AccountingFeesNetInvstIncmAmt
Accounting Fees Adj Net Incm	$0	AccountingFeesAdjNetIncmAmt
Accounting Fees Chrtbl Prps	$0	AccountingFeesChrtblPrpsAmt
Other Prof Fees Rev And Expnss	$5,184,042	OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm	$4,694,204	OtherProfFeesNetInvstIncmAmt
Other Prof Fees Adj Net Incm	$0	OtherProfFeesAdjNetIncmAmt
Other Prof Fees Dsbrs Chrtbl	$0	OtherProfFeesDsbrsChrtblAmt
Taxes Rev And Expnss	$12,862,917	TaxesRevAndExpnssAmt
Taxes Net Invst Incm	$2,171,607	TaxesNetInvstIncmAmt
Taxes Adj Net Incm	$0	TaxesAdjNetIncmAmt
Taxes Dsbrs Chrtbl	$0	TaxesDsbrsChrtblAmt
Deprec And Dpltn Rev And Expnss	$0	DeprecAndDpltnRevAndExpnssAmt
Deprec And Dpltn Net Invst Incm	$0	DeprecAndDpltnNetInvstIncmAmt
Deprec And Dpltn Adj Net Incm	$0	DeprecAndDpltnAdjNetIncmAmt
Trav Conf Meeting Rev And Expnss	$173,851	TravConfMeetingRevAndExpnssAmt
Trav Conf Meeting Net Invst Incm	$132,948	TravConfMeetingNetInvstIncmAmt
Trav Conf Meeting Dsbrs Chrtbl	$17,385	TravConfMeetingDsbrsChrtblAmt
Other Expenses Rev And Expnss	$5,554,405	OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm	$37,326,176	OtherExpensesNetInvstIncmAmt
Other Expenses Adj Net Incm	$0	OtherExpensesAdjNetIncmAmt
Other Expenses Dsbrs Chrtbl	$58,744	OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss	$28,807,493	TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm	$47,571,327	TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Adj Net Incm	$0	TotOprExpensesAdjNetIncmAmt
Tot Opr Expenses Dsbrs Chrtbl	$361,324	TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss	$356,000,000	ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl	$356,000,000	ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss	$384,807,493	TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm	$47,571,327	TotalExpensesNetInvstIncmAmt
Total Expenses Adj Net Incm	$0	TotalExpensesAdjNetIncmAmt
Total Expenses Dsbrs Chrtbl	$356,361,324	TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses	$112,857,562	ExcessRevenueOverExpensesAmt
Net Investment Income	$473,169,428	NetInvestmentIncomeAmt
Adjusted Net Income	$0	AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Field	Value	IRS element (for citing)
Sav And Temp Cash Invst BOY	$156,613,069	SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY	$154,732,239	SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV	$154,732,239	SavAndTempCashInvstEOYFMVAmt
Acct Rcvbl BOY	$0	AcctRcvblBOYAmt
Acct Rcvbl EOY	$0	AcctRcvblEOYAmt
Acct Rcvbl EOYFMV	$0	AcctRcvblEOYFMVAmt
Pledges Rcvbl BOY	$0	PledgesRcvblBOYAmt
Pledges Rcvbl EOY	$0	PledgesRcvblEOYAmt
Pledges Rcvbl EOYFMV	$0	PledgesRcvblEOYFMVAmt
Rcvbl From Officers BOY	$0	RcvblFromOfficersBOYAmt
Rcvbl From Officers EOY	$0	RcvblFromOfficersEOYAmt
Rcvbl From Officers EOYFMV	$0	RcvblFromOfficersEOYFMVAmt
Other Nts And Loans Rcvbl	$0	OtherNtsAndLoansRcvblAmt
Other Rcvbl Allwnc Dbtfl Acct	$0	OtherRcvblAllwncDbtflAcctAmt
Other Nts And Loans Rcvbl BOY	$0	OtherNtsAndLoansRcvblBOYAmt
Other Nts And Loans Rcvbl EOY	$0	OtherNtsAndLoansRcvblEOYAmt
Other Nts And Loans Rcvbl EOYFMV	$0	OtherNtsAndLoansRcvblEOYFMVAmt
US Government Obligations BOY	$172,584,517	USGovernmentObligationsBOYAmt
US Government Obligations EOY	$151,033,404	USGovernmentObligationsEOYAmt
US Govt Obligations EOYFMV	$151,033,404	USGovtObligationsEOYFMVAmt
Corporate Stock BOY	$4,308,031,958	CorporateStockBOYAmt
Corporate Stock EOY	$4,815,886,049	CorporateStockEOYAmt
Corporate Stock EOYFMV	$4,815,886,049	CorporateStockEOYFMVAmt
Corporate Bonds BOY	$245,262	CorporateBondsBOYAmt
Corporate Bonds EOY	$20,005,892	CorporateBondsEOYAmt
Corporate Bonds EOYFMV	$20,005,892	CorporateBondsEOYFMVAmt
Invst Land Cost Or Other Basis	$0	InvstLandCostOrOtherBasisAmt
Invst Land Accum Depreciation	$0	InvstLandAccumDepreciationAmt
Land Bldg Investments BOY	$0	LandBldgInvestmentsBOYAmt
Land Bldg Investments EOYFMV	$0	LandBldgInvestmentsEOYFMVAmt
Other Investments BOY	$2,741,305,997	OtherInvestmentsBOYAmt
Other Investments EOY	$2,724,814,725	OtherInvestmentsEOYAmt
Other Investments EOYFMV	$2,724,814,725	OtherInvestmentsEOYFMVAmt
Land Bldg Equip Cost Or Other Bss	$0	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$0	LandBldgEquipAccumDeprecAmt
Land BOY	$0	LandBOYAmt
Land EOYFMV	$0	LandEOYFMVAmt
Other Assets BOY	$38,656,580	OtherAssetsBOYAmt
Other Assets EOY	$36,401,480	OtherAssetsEOYAmt
Other Assets EOYFMV	$36,401,480	OtherAssetsEOYFMVAmt
Total Assets BOY	$7,417,437,383	TotalAssetsBOYAmt
Total Assets EOY	$7,902,873,789	TotalAssetsEOYAmt
Total Assets EOYFMV	$7,902,873,789	TotalAssetsEOYFMVAmt
Accounts Payable BOY	$0	AccountsPayableBOYAmt
Accounts Payable EOY	$1,113,366	AccountsPayableEOYAmt
Loans From Officers BOY	$0	LoansFromOfficersBOYAmt
Loans From Officers EOY	$0	LoansFromOfficersEOYAmt
Mortgages And Notes Payable BOY	$0	MortgagesAndNotesPayableBOYAmt
Mortgages And Notes Payable EOY	$0	MortgagesAndNotesPayableEOYAmt
Other Liabilities BOY	$90,585,776	OtherLiabilitiesBOYAmt
Other Liabilities EOY	$97,708,835	OtherLiabilitiesEOYAmt
Total Liabilities BOY	$90,585,776	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$98,822,201	TotalLiabilitiesEOYAmt
Organization Follows FASB117	Yes (X)	OrganizationFollowsFASB117Ind
Donor Rstr Net Assets BOY	$7,326,851,607	DonorRstrNetAssetsBOYAmt
Donor Rstr Net Assets EOY	$7,804,051,588	DonorRstrNetAssetsEOYAmt
Tot Net Ast Or Fund Balances BOY	$7,326,851,607	TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY	$7,804,051,588	TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY	$7,417,437,383	TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY	$7,902,873,789	TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Field	Value	IRS element (for citing)
Tot Net Ast Or Fund Balances BOY	$7,326,851,607	TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses	$112,857,562	ExcessRevenueOverExpensesAmt
Other Increases	$364,342,419	OtherIncreasesAmt
Subtotal	$7,804,051,588	SubtotalAmt
Other Decreases	$0	OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY	$7,804,051,588	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	Excess FMV Over Adjusted BssExcessFMVOverAdjustedBssAmt	Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
PARTNERSHIP & ALTERNATIVE INVESTMENTS	$832,956,551	$771,060,220	$61,896,331	$0	$61,896,331
KELLOGG COMPANY STOCK	$156,466,822	$3,117,194	$153,349,628	$0	$153,349,628
PUBLICLY TRADED SECURITIES	$692,405,186	$601,518,833	$90,886,353	$0	$90,886,353

Field	Value	IRS element (for citing)
Capital Gain Net Income	$306,132,312	CapitalGainNetIncomeAmt
Net Short Term Capital Gain Loss	$0	NetShortTermCapitalGainLossAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

Field	Value	IRS element (for citing)
Liable Section4942 Tax	false	LiableSection4942TaxInd
Adjusted Qlfy Distri Yr1	$337,083,717	AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1	$6,772,905,927	NetVlNoncharitableAssetsYr1Amt
Distribution Yr1	0.049769	DistributionYr1Rt
Adjusted Qlfy Distri Yr2	$365,976,600	AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2	$7,570,502,833	NetVlNoncharitableAssetsYr2Amt
Distribution Yr2	0.048342	DistributionYr2Rt
Adjusted Qlfy Distri Yr3	$383,918,837	AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3	$7,645,277,808	NetVlNoncharitableAssetsYr3Amt
Distribution Yr3	0.050216	DistributionYr3Rt
Adjusted Qlfy Distri Yr4	$386,242,261	AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4	$7,798,556,155	NetVlNoncharitableAssetsYr4Amt
Distribution Yr4	0.049527	DistributionYr4Rt
Adjusted Qlfy Distri Yr5	$363,497,870	AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5	$7,382,575,019	NetVlNoncharitableAssetsYr5Amt
Distribution Yr5	0.049237	DistributionYr5Rt
Total Distribution	0.247091	TotalDistributionRt
Average Distribution	0.049418	AverageDistributionRt
Net Vl Noncharitable Assets	$7,058,752,997	NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets	$348,829,456	AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct	$4,731,694	NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct	$353,561,150	AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions	$356,361,324	QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Field	Value	IRS element (for citing)
Domestic Org Meeting Sect4940e	Yes (X)	DomesticOrgMeetingSect4940eInd
Investment Income Excise Tax	$4,731,694	InvestmentIncomeExciseTaxAmt
Subtotal	$4,731,694	SubtotalAmt
Tax Based On Investment Income	$4,731,694	TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx	$5,139,817	EstimatedPlusOvpmtIncmTxAmt
Extsn Request Income Tax Paid	$1,750,000	ExtsnRequestIncomeTaxPaidAmt
Total Payments And Credits	$6,889,817	TotalPaymentsAndCreditsAmt
Form2220 Attached	Yes (X)	Form2220AttachedInd
Es Penalty	$0	EsPenaltyAmt
Overpayment	$2,158,123	OverpaymentAmt
Applied To ES Tax	$2,158,123	AppliedToESTaxAmt
Refund	$0	RefundAmt

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	Yes (true)	UnrelatedBusIncmOverLimitInd
Form990 T Filed	Yes (true)	Form990TFiledInd
Organization Dissolved Etc	false	OrganizationDissolvedEtcInd
Section508e Rqr Satisfied	Yes (true)	Section508eRqrSatisfiedInd
At Least5000 In Assets	Yes (true)	AtLeast5000InAssetsInd
Org Report Or Register State	IL	OrgReportOrRegisterStateCd
Org Report Or Register State	MI	OrgReportOrRegisterStateCd
Form990 PF Filed With Atty Gen	Yes (true)	Form990PFFiledWithAttyGenInd
Private Operating Foundation	false	PrivateOperatingFoundationInd
New Substantial Contributors	false	NewSubstantialContributorsInd
Own Controlled Entity	Yes (true)	OwnControlledEntityInd
Donor Advised Fund	false	DonorAdvisedFundInd
Comply With Public Insp Rqr	Yes (true)	ComplyWithPublicInspRqrInd
Website Address	www.wkkf.org	WebsiteAddressTxt
Individual With Books	THE NORTHERN TRUST COMPANY	IndividualWithBooksNm
Phone	3124445615	PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 803878	AddressLine1Txt
City	CHICAGO	CityNm
State Abbreviation	IL	StateAbbreviationCd
ZIP	60680	ZIPCd

Field	Value	IRS element (for citing)
Foreign Accounts Question	Yes (true)	ForeignAccountsQuestionInd
Foreign Country	UK	ForeignCountryCd

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	Yes (true)	FurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified Prsn	Yes (true)	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	Yes (true)	BusinessHoldingsInd
Excess Business Holdings	false	ExcessBusinessHoldingsInd
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	Yes (true)	GrantsToOrganizationsInd
Noncharitable Purpose	false	NoncharitablePurposeInd
Transactions Fail To Qlfy As Exc	false	TransactionsFailToQlfyAsExcInd
Maintained Expenditure Rspns	Yes (true)	MaintainedExpenditureRspnsInd
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 (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
LA JUNE MONTGOMERY TABRON
ONE MICHIGAN AVENUE EAST	BATTLE CREEK	MI	49017	TRUSTEE	2.000	$0	$0	$29,372
STEVEN A CAHILLANE
One Kellogg Square	Battle Creek	MI	49016	TRUSTEE	2.000	$0	$0	$29,372
RAMON MURGUIA
ONE MICHIGAN AVENUE EAST	BATTLE CREEK	MI	49017	TRUSTEE	2.000	$40,000	$0	$29,372
THE NORTHERN TRUST COMPANY
50 South LaSalle St B10	Chicago	IL	606031006	CORPORATE TRUSTEE	40.000	$2,811,951	$0	$0

Field	Value	IRS element (for citing)
Other Employee Paid Over50k	0	OtherEmployeePaidOver50kCnt

Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (5 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	Service TypeServiceTypeTxt	CompensationCompensationAmt	Address Line2USAddress/AddressLine2Txt
MAYER BROWN LLP
71 SOUTH WACKER DRIVE	CHICAGO	IL	606064637	LEGAL ADVISORY	$871,525
THE NORTHERN TRUST COMPANY
50 SOUTH LASALLE ST B10	CHICAGO	IL	606031006	INVESTMENT ADVISORY/CUSTODIAN	$562,390
ALBOURNE AMERICA LLC
655 MONTGOMERY STREET	SAN FRANCISCO	CA	94111	INVESTMENT ADVISORY	$454,086	SUITE 1910
JP MORGAN
10 SOUTH DEARBORN	CHICAGO	IL	606032300	BANKING/LENDING SERVICE	$305,000
WILLIAM BLAIR & COMPANY
150 N RIVERSIDE PLAZA	Chicago	IL	60606	INVESTSMENT ADVISORY	$131,919

Field	Value	IRS element (for citing)
Contractor Paid Over50k	3	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	$5,782,447,096	AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances	$211,536,250	AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast	$1,172,263,351	FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets	$7,166,246,697	TotalFMVOfUnusedAssetsAmt
Reduction Claimed	$345,162,640	ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast	$7,166,246,697	AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable	$107,493,700	CashDeemedCharitableAmt
Net Vl Noncharitable Assets	$7,058,752,997	NetVlNoncharitableAssetsAmt
Minimum Investment Return	$352,937,650	MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

Field	Value	IRS element (for citing)
Minimum Investment Return	$352,937,650	MinimumInvestmentReturnAmt
Tax Based On Investment Income	$4,731,694	TaxBasedOnInvestmentIncomeAmt
Income Tax	$72,342	IncomeTaxAmt
Total Tax	$4,804,036	TotalTaxAmt
Distributable Before Adj	$348,133,614	DistributableBeforeAdjAmt
Distributable Before Ded	$348,133,614	DistributableBeforeDedAmt
Distributable As Adjusted	$348,133,614	DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

Field	Value	IRS element (for citing)
Expenses And Contributions	$356,361,324	ExpensesAndContributionsAmt
Program Related Invst Total	$0	ProgramRelatedInvstTotalAmt
Set Aside Cash Distri Test	$0	SetAsideCashDistriTestAmt
Qualifying Distributions	$356,361,324	QualifyingDistributionsAmt
Pct Sect4940e Org Net Invst Incm	$4,731,694	PctSect4940eOrgNetInvstIncmAmt
Adjusted Qualifying Distri	$351,629,630	AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

Field	Value	IRS element (for citing)
Distributable As Adjusted	$348,133,614	DistributableAsAdjustedAmt
Undistributed Income PY	$18,219,853	UndistributedIncomePYAmt
Prior Year1	2017	PriorYear1Yr
Prior Year2	2016	PriorYear2Yr
Prior Year3	2015	PriorYear3Yr
Total For Prior Years	$0	TotalForPriorYearsAmt
Excess Distribution Cyov Yr5	$0	ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4	$0	ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3	$0	ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2	$0	ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1	$0	ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov	$0	TotalExcessDistributionCyovAmt
Qualifying Distributions	$356,361,324	QualifyingDistributionsAmt
Applied To Year1	$18,219,853	AppliedToYear1Amt
Applied To Prior Years	$0	AppliedToPriorYearsAmt
Treated As Distri From Corpus	$0	TreatedAsDistriFromCorpusAmt
Applied To Current Year	$338,141,471	AppliedToCurrentYearAmt
Remaining Distri From Corpus	$0	RemainingDistriFromCorpusAmt
Excess Distribution Cyov App CY	$0	ExcessDistributionCyovAppCYAmt
Total Corpus	$0	TotalCorpusAmt
Prior Year Undistributed Incm	$0	PriorYearUndistributedIncmAmt
Taxable1	$0	Taxable1Amt
Taxable2	$0	Taxable2Amt
Undistributed Income CY	$9,992,143	UndistributedIncomeCYAmt
Corpus Distri170b1 E Or4942g3	$0	CorpusDistri170b1EOr4942g3Amt
Excess Distri Cyov From Yr5	$0	ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr	$0	ExcessDistriCyovToNextYrAmt
Excess From Year4	$0	ExcessFromYear4Amt
Excess From Year3	$0	ExcessFromYear3Amt
Excess From Year2	$0	ExcessFromYear2Amt
Excess From Year1	$0	ExcessFromYear1Amt
Excess From Current Year	$0	ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

Field	Value	IRS element (for citing)
Only Contri To Preselected	Yes (X)	OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp

Recipient Business Name RecipientBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	WK Kellogg Foundation	BusinessNameLine1Txt

Recipient US Address RecipientUSAddress

Field	Value	IRS element (for citing)
Address Line1	One Michigan Avenue East	AddressLine1Txt
City	Battle Creek	CityNm
State Abbreviation	MI	StateAbbreviationCd
ZIP	49017	ZIPCd

Field	Value	IRS element (for citing)
Recipient Relationship	NONE	RecipientRelationshipTxt
Recipient Foundation Status	PF	RecipientFoundationStatusTxt
Grant Or Contribution Purpose	Funding the Foundation's charitable activities	GrantOrContributionPurposeTxt
Amt	$356,000,000	Amt

Field	Value	IRS element (for citing)
Total Grant Or Contri Pd Dur Yr	$356,000,000	TotalGrantOrContriPdDurYrAmt
Total Grant Or Contri Apprv Fut	$0	TotalGrantOrContriApprvFutAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$156,300,585	ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

Field	Value	IRS element (for citing)
Business	901101	BusinessCd
Unrelated Business Taxbl Incm	$4,622,136	UnrelatedBusinessTaxblIncmAmt
Exclusion	18	ExclusionCd
Exclusion	$336,742,334	ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Field	Value	IRS element (for citing)
Unrelated Business Taxbl Incm	$4,622,136	UnrelatedBusinessTaxblIncmAmt
Exclusion	$493,042,919	ExclusionAmt
Related Or Exempt Function Incm	$0	RelatedOrExemptFunctionIncmAmt

Field	Value	IRS element (for citing)
Total Income Producing Acty	$497,665,055	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

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

Field	Value	IRS element (for citing)
Category	Accounting Fees	CategoryTxt
Amt	$322,449	Amt
Net Investment Income	$275,169	NetInvestmentIncomeAmt

Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch

Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp (3 entries)

AssetAssetDesc	Gross Sales PriceGrossSalesPriceAmt	BasisBasisAmt	Total NetTotalNetAmt
PARTNERSHIP & ALTERNATIVE INVESTMENTS	$692,405,186	$569,129,336	$123,275,850
KELLOGG COMPANY STOCK	$156,466,822	$274,533	$156,192,289
PUBLICLY TRADED SECURITIES	$832,956,551	$771,060,220	$61,896,331

General Explanation Attachment GeneralExplanationAttachment

General Explanation GeneralExplanationGrp (6 entries)

IdentifierIdentifierTxt	Form And Line ReferenceFormAndLineReferenceDesc	Medium ExplanationMediumExplanationTxt
Contributions to Preselected Charitable Organizations	Form 990-PF, Part XV, Line 2a	Under the terms of the agreement ("Agreement") creating Trust 5315 (a/k/a W.K. Kellogg Foundation Trust), all income is paid to the W.K. Kellogg Foundation, a Michigan nonprofit corporation, whose address is One Michigan Avenue East, Battle Creek, Michigan 49017. The W.K. Kellogg Foundation is a private foundation exempt from tax under Section 501(c)(3) of the Internal Revenue Code.
Expenditure Responsibility	Form 990-PF, Part VII, Section B Line5 c	Under the terms of the agreement ("Agreement") creating Trust 5315 (a/k/a W.K. Kellogg Foundation Trust), all income is paid to the W.K. Kellogg Foundation, a Michigan nonprofit corporation, whose address is One Michigan Avenue East, Battle Creek, Michigan 49017. The W.K. Kellogg Foundation is a private foundation exempt from tax under Section 501(c)(3) of the Internal Revenue Code. During the fiscal year ended August 31, 2020, 12 payments in the aggregate amount of $356,000,000 were made from Trust 5315 to the W.K. Kellogg Foundation on the dates in the amounts set forth below: 09/09/2019 -- 30,000,000 10/09/2019 -- 30,000,000 11/13/2019 -- 30,000,000 12/04/2019 -- 30,000,000 01/09/2020 -- 50,000,000 02/26/2020 -- 30,000,000 03/25/2020 -- 45,000,000 05/13/2020 -- 15,000,000 05/26/2020 -- 13,000,000 06/18/2020 -- 40,000,000 07/28/2020 -- 22,000,000 08/25/2020 -- 21,000,000 --------------------------------- TOTAL -- $356,000,000 Pursuant to the terms of the Agreement, the funds distributed from Trust 5315 ("the Trust") to the W.K. Kellogg Foundation (the "Foundation") are used exclusively for those charitable purposes set forth in the Articles of Association of the Foundation. In order for the Foundation to remain eligible to receive distributions from the Trust, the Foundation is required to comply with a number of conditions. These conditions include submission of reports and a prohibition against diversion of the funds of the Foundation for any other purpose other than charitable. The Trustees of the Foundation meet at least monthly and submit to the Trustees of the Trust a copy of the minutes of each meeting of the Trustees together with copies of the minutes of the committees of the Board of Trustees and bi-monthly reports of the President, Secretary and Treasurer of the Foundation. The Foundation also submits to the Trustees of the Trust an annual audit and an annual report, and has submitted a report dated June 4, 2021, including attachments, further detailing its redistribution of amounts received from the Trust. These reports, collectively, reflect the expenditure by the Foundation exclusively for its charitable purposes of all funds received by it from the Trust. As of August 31, 2020, the Foundation has expended all funds received by it from the Trust for the fiscal year ended August 31, 2019, and has expended $265,704,036 of the funds received by it from the Trust during the fiscal year ended August 31, 2020. Pursuant to Treas. Reg. 53.4945-5(b)(2), the Trustees of the Trust have verified that the Foundation has complied with the terms and conditions of the Agreement. Also, the Trustees of the Trust obtain written commitments by the Foundation which satisfy Treas. Reg. 53.4945-5(b)(3). To the knowledge of the Trustees of the Trust, there has been no diversion of any portion of the funds paid from the Trust to the Foundation from the charitable purposes specified for such funds.
List of Officers, Directors and Trustees	Form 990-PF, Part VIII, Line 1	During the fiscal year ended August 31, 2020, Ramon Murguia also served as a trustee of the W. K. Kellogg Foundation ("Foundation") and La June Montgomery Tabron also served as President and CEO of the Foundation, and as a trustee of the Foundation.
Compensation	Form 990-PF, Part VIII, Line 1	La June Montgomery Tabron and Steven A. Cahillane did not receive compensation from the Trust for services performed during the year ended August 31, 2020. The amounts shown in column (e) are the compensatory portion of the D&O liability premium for each individual trustee. This amount is included in the Insurance expense on Part I, line 23.
Reduction claimed for blockage	Form 990-PF, Part X, Line 1e	During the fiscal year ended August 31, 2020 the W.K. Kellogg Foundation Trust ("Trust") owned in excess of 61 million shares of the common stock of Kellogg Company (the "Company") with a monthly average total value of shares held for the Trust's tax year of approximately $4.1 billion before blockage discount. The percentage of outstanding common stock of the Company which the Trust held during the fiscal year amounted to approximately 18%. The fair market value of the stock before any reduction and the amount of discount (in connection with application of the maximum 10% provided in Section 4942(e)(2)(b) of the Internal Revenue Code) is supported by an independent valuation from William Blair & Company, LLC dated September 21, 2020. The claimed discount is appropriate in valuing the Trust's shares in the Company because the shares do not represent voting control of the Company and various factors affect the influence of an approximate 18% block of shares. Due to the size of the block of shares, the maximum proceeds for this size block of Company shares is viewed by the valuation specialist to be through underwritten secondary offerings. The monthly blockage discount for the tax year was approximately 8.5%. Total Reduction Claimed for Blockage: $345,162,640
Transactions with controlled entity within the meaning of section 512(b)(13)	Form 990-PF, Part VII, Section A Line11	C-III RECOVERY FUND II CO-INVESTMENT II (NY2) LP: (121,799) Net income/(loss) per Schedule K-1* LIV Mexico Growth Fund IV LP: (366,293) Net income/(loss) per Schedule K-1* (281,518) Capital contributed during the year per Schedule K-1 ---------------- (647,811) Net transfer (to)/from controlled entity AVANZ EM PARTNERSHIPS FEEDER SPC: 336,215 Distributions received (return of capital, realized gain/(loss), and other income) (1,355,060) Capital contributed during the year ---------------- (1,018,845) Net transfer (to)/from controlled entity STANDARD RENEWABLES HOLDINGS LTD: No transactions TI BC CO-INVESTMENT FUND LP (296,730) Net income/(loss) per Schedule K-1* (4,036,807) Capital contributed during the year per Schedule K-1 ---------------- (4,333,537) Net transfer (to)/from controlled entity True Green Capital Fund IV LP: (73,807) Net income/(loss) per Schedule K-1* (15,000,000) Capital contributed during the year per Schedule K-1 ---------------- (15,073,807) Net transfer (to)/from controlled entity *Net income/(loss) per Schedule K-1 includes: net rental real estate income/(loss), interest income, dividend income, gain/(loss) from trading activities, other/portfolio income, portfolio deductions, investment interest expenses, and foreign tax expense.

Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule

Investments Corporate Bonds InvestmentsCorporateBondsGrp

Field	Value	IRS element (for citing)
Bond	Corporate Bonds	BondNm
EOY Book Value	$20,005,892	EOYBookValueAmt
EOYFMV	$20,005,892	EOYFMVAmt

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (2 entries)

StockStockNm	EOY Book ValueEOYBookValueAmt	EOYFMVEOYFMVAmt
Kellogg Company Stock	$4,334,858,633	$4,334,858,633
Other Corporate Stock	$481,027,416	$481,027,416

Investments Govt Obligations Sch InvestmentsGovtObligationsSch

Field	Value	IRS element (for citing)
US Govt Obligations Book Vl EOY	$151,033,404	USGovtObligationsBookVlEOYAmt
US Govt Obligations EOYFMV	$151,033,404	USGovtObligationsEOYFMVAmt
State Local Sec Book Vl EOY	$0	StateLocalSecBookVlEOYAmt
State Local Sec EOYFMV	$0	StateLocalSecEOYFMVAmt

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp (4 entries)

Category Or ItemCategoryOrItemTxt	Listed At Cost Or FMVListedAtCostOrFMVCd	Book ValueBookValueAmt	EOYFMVEOYFMVAmt
Private Equity Funds	FMV	$774,296,847	$774,296,847
Real Estate Funds	FMV	$183,521,250	$183,521,250
Hedge Funds	FMV	$1,268,891,171	$1,268,891,171
Commingled Funds	FMV	$498,105,457	$498,105,457

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFeesGrp

Field	Value	IRS element (for citing)
Category	Legal Fees	CategoryTxt
Legal Fees	$930,074	LegalFeesAmt
Net Investment Income	$790,275	NetInvestmentIncomeAmt

Other Assets Schedule OtherAssetsSchedule

Other Assets Schedule OtherAssetsScheduleGrp (2 entries)

DescDesc	BOY Book ValueBOYBookValueAmt	EOY Book ValueEOYBookValueAmt	EOYFMVEOYFMVAmt
Accrued Interest & Dividends	$37,758,142	$35,723,691	$35,723,691
Excise tax receivable	$898,438	$677,789	$677,789

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (6 entries)

DescDesc	Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt	Net Investment IncomeNetInvestmentIncomeAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt
Insurance	$587,442	$449,230	$58,744
Line of Credit Fees	$305,000
Reimbursed Salaries & Benefits	$4,148,102	$4,065,276
Memberships & Subscriptions	$371,497	$315,657
Other Investment Expenses	$18,040	$15,328
Other Expenses - Partnerships & Alternative Investments	$124,324	$32,480,685

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail

Field	Value	IRS element (for citing)
Desc	Other Income/(Loss) from Partnerships	Desc
Net Investment Income	$11,894,602	NetInvestmentIncomeAmt

Other Increases Schedule OtherIncreasesSchedule

Other Increases Detail OtherIncreasesDetail

Field	Value	IRS element (for citing)
Desc	change in unrealized gains/(losses) on investments	Desc
Amt	$364,342,419	Amt

Other Liabilities Schedule OtherLiabilitiesSchedule

Other Liabilities Detail OtherLiabilitiesDetail (2 entries)

DescDesc	BOY Book ValueBOYBookValueAmt	EOY Book ValueEOYBookValueAmt
Deferred Excise Tax Liability	$90,135,313	$97,452,042
Payable to W.K. Kellogg Foundation	$450,463	$256,793

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail (3 entries)

CategoryCategoryTxt	AmtAmt	Net Investment IncomeNetInvestmentIncomeAmt
Investment Management Fees	$2,974,146	$2,974,146
Consulting Fees	$1,461,945	$1,242,201
Custodial Fees	$747,951	$477,857

Reduction Explanation Statement ReductionExplanationStatement

Field	Value	IRS element (for citing)
Short Explanation	Description : REDUCTION CLAIMED FOR BLOCKAGE, Percent : 9, FMV : 4076430233, Amount Disclaimed : XXX-XX-XXXX, Explanation : See Part X, line 1e Supplemental information statement;	ShortExplanationTxt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (2 entries)

CategoryCategoryTxt	AmtAmt	Net Investment IncomeNetInvestmentIncomeAmt
Excise & Income Tax	$12,862,917
Partnerships & Alternative Investments Taxes		$2,171,607

Transfers Frm Controlled Entities TransfersFrmControlledEntities

Transfers From Controlled Ent TransfersFromControlledEntGrp (2 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	EINEIN	DescDesc	AmtAmt	Address Line1ForeignAddress/AddressLine1Txt	Address Line2ForeignAddress/AddressLine2Txt	CityForeignAddress/CityNm	Province Or StateForeignAddress/ProvinceOrStateNm	CountryForeignAddress/CountryCd	Foreign PostalForeignAddress/ForeignPostalCd
C-III RECOVERY FUND II CO-INVESTMENT II (NY2) LP
5221 N OCONNOR BLVD SUITE 800	IRVING	TX	75039	320496111	SEE SUPPLEMENTAL INFORMATION	$121,799
STANDARD RENEWABLES HOLDINGS LTD
				981194824	SEE SUPPLEMENTAL INFORMATION	$0	C/O WALTER CORPORATE LIMITED	CAYMAN CORPORATE CTR 27 HOSPITAL RD	GEORGE TOWN	GRAND CAYMAN	CJ	KY19005

Transfers To Controlled Entities TransfersToControlledEntities

Transfers To Controlled Ent TransfersToControlledEntGrp (4 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	EINEIN	DescDesc	AmtAmt
LIV MEXICO GROWTH FUND IV LP
330 East 79th Street Suite 1D	New York	NY	10075	260257407	SEE SUPPLEMENTAL INFORMATION	$647,811
AVANZ EM PARTNERSHIPS FEEDER SPC
3 BETHESDA METRO CENTRE SUITE 700	BETHESDA	MD	20814	981107923	SEE SUPPLEMENTAL INFORMATION	$1,018,845
TI BC CO-INVESTMENT FUND LP
302 2ND ST SUITE 200	SAN FRANCISCO	CA	94107	831185697	SEE SUPPLEMENTAL INFORMATION	$4,333,537
True Green Capital Fund IV LP
315 POST ROAD WEST 2nd FLOOR	WESTPORT	CT	06880	843936749	SEE SUPPLEMENTAL INFORMATION	$15,073,807