NORMAN AND ANN HOFFMAN FOUNDATION: Form 990PF, tax year 2017

View the entire original 990 at ProPublica ↗

Organization: NORMAN AND ANN HOFFMAN FOUNDATION (EIN 45-3080856)
Tax period: 2017-01-01 to 2017-12-31
Filed: 2018-11-13
IRS object ID: 201833179349101023
Schema version: 2017v2.3
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
Investments Corp Bonds Schedule
Investments Other Schedule2
Legal Fees Schedule
Other Decreases Schedule
Other Expenses Schedule
Taxes Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2018-11-13T11:25:49-06:00	ReturnTs
Tax Period End	2017-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	420714325	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

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

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	801 NICOLLET MALL SUITE 1100	AddressLine1Txt
City	MINNEAPOLIS	CityNm
State Abbreviation	MN	StateAbbreviationCd
ZIP	55402	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990PF	ReturnTypeCd
Tax Period Begin	2017-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	453080856	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	NORMAN AND ANN HOFFMAN FOUNDATION	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	NORM	BusinessNameControlTxt
Phone	6127667255	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	116 LAKE STREET WEST	AddressLine1Txt
City	WACONIA	CityNm
State Abbreviation	MN	StateAbbreviationCd
ZIP	55387	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	NORMAN HOFFMAN	PersonNm
Person Title	DIRECTOR/PRESIDENT	PersonTitleTxt
Phone	6127667255	PhoneNum
Signature	2018-11-12	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	TODD A JACKSON	PreparerPersonNm
PTIN	P00092672	PTIN
Phone	6123324300	PhoneNum
Preparation	2018-11-12	PreparationDt

Filing Security Information FilingSecurityInformation

IP Address IPAddress

Field	Value	IRS element (for citing)
I Pv4 Address	108.171.131.188	IPv4AddressTxt

Field	Value	IRS element (for citing)
IP	2018-11-12	IPDt
IP Tm	15:57:03	IPTm
IP Timezone	CS	IPTimezoneCd
Filing License Type	P	FilingLicenseTypeCd
At Submission Creation Device Id	8D0DFB095D17A0B0B331A8FFECCDDF4C6C88492A	AtSubmissionCreationDeviceId
At Submission Filing Device Id	C0F43978DBA0C0105C9EC865D2B1B55C6AA9D490	AtSubmissionFilingDeviceId

Field	Value	IRS element (for citing)
Tax	2017	TaxYr
Build TS	2019-02-21 02:37:17Z	BuildTS

Form 990-PF IRS990PF

Field	Value	IRS element (for citing)
Organization501c3 Exempt PF	Yes (X)	Organization501c3ExemptPFInd
FMV Assets EOY	$9,063,769	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	$5,029,387	ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss	$27,552	InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm	$27,552	InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss	$156,286	DividendsRevAndExpnssAmt
Dividends Net Invst Incm	$156,286	DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss	$3,727	NetGainSaleAstRevAndExpnssAmt
Gross Sales Price	$405,412	GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm	$3,727	CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss	$5,216,952	TotalRevAndExpnssAmt
Total Net Invst Incm	$187,565	TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss	$3,213	CompOfcrDirTrstRevAndExpnssAmt
Comp Ofcr Dir Trst Net Invst Incm	$0	CompOfcrDirTrstNetInvstIncmAmt
Comp Ofcr Dir Trst Dsbrs Chrtbl	$3,213	CompOfcrDirTrstDsbrsChrtblAmt
Oth Empl Slrs Wgs Rev And Expnss	$22,504	OthEmplSlrsWgsRevAndExpnssAmt
Oth Empl Slrs Wgs Net Invst Incm	$0	OthEmplSlrsWgsNetInvstIncmAmt
Oth Empl Slrs Wgs Dsbrs Chrtbl	$22,504	OthEmplSlrsWgsDsbrsChrtblAmt
Legal Fees Rev And Expnss	$7,679	LegalFeesRevAndExpnssAmt
Legal Fees Net Invst Incm	$0	LegalFeesNetInvstIncmAmt
Legal Fees Dsbrs Chrtbl	$7,679	LegalFeesDsbrsChrtblAmt
Accounting Fees Rev And Expnss	$20,925	AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm	$10,463	AccountingFeesNetInvstIncmAmt
Accounting Fees Chrtbl Prps	$10,462	AccountingFeesChrtblPrpsAmt
Taxes Rev And Expnss	$2,906	TaxesRevAndExpnssAmt
Taxes Net Invst Incm	$0	TaxesNetInvstIncmAmt
Taxes Dsbrs Chrtbl	$0	TaxesDsbrsChrtblAmt
Other Expenses Rev And Expnss	$35,419	OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm	$35,394	OtherExpensesNetInvstIncmAmt
Other Expenses Dsbrs Chrtbl	$25	OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss	$92,646	TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm	$45,857	TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl	$43,883	TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss	$130,500	ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl	$130,500	ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss	$223,146	TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm	$45,857	TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl	$174,383	TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses	$4,993,806	ExcessRevenueOverExpensesAmt
Net Investment Income	$141,708	NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Field	Value	IRS element (for citing)
Cash BOY	$24,389	CashBOYAmt
Cash EOY	$20,165	CashEOYAmt
Cash EOYFMV	$20,165	CashEOYFMVAmt
Sav And Temp Cash Invst BOY	$20,156	SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY	$405,215	SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV	$405,215	SavAndTempCashInvstEOYFMVAmt
Corporate Bonds BOY	$1,017,664	CorporateBondsBOYAmt
Corporate Bonds EOY	$2,469,126	CorporateBondsEOYAmt
Corporate Bonds EOYFMV	$2,482,591	CorporateBondsEOYFMVAmt
Other Investments BOY	$1,360,445	OtherInvestmentsBOYAmt
Other Investments EOY	$4,422,653	OtherInvestmentsEOYAmt
Other Investments EOYFMV	$6,155,798	OtherInvestmentsEOYFMVAmt
Total Assets BOY	$2,422,654	TotalAssetsBOYAmt
Total Assets EOY	$7,317,159	TotalAssetsEOYAmt
Total Assets EOYFMV	$9,063,769	TotalAssetsEOYFMVAmt
Total Liabilities BOY	$0	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$0	TotalLiabilitiesEOYAmt
Org Does Not Follow SFAS117	Yes (X)	OrgDoesNotFollowSFAS117Ind
Capital Stock BOY	-$355,761	CapitalStockBOYAmt
Capital Stock EOY	-$355,761	CapitalStockEOYAmt
Additional Paid In Capital BOY	$0	AdditionalPaidInCapitalBOYAmt
Additional Paid In Capital EOY	$0	AdditionalPaidInCapitalEOYAmt
Retained Earning BOY	$2,778,415	RetainedEarningBOYAmt
Retained Earning EOY	$7,672,920	RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY	$2,422,654	TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY	$7,317,159	TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY	$2,422,654	TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY	$7,317,159	TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Field	Value	IRS element (for citing)
Tot Net Ast Or Fund Balances BOY	$2,422,654	TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses	$4,993,806	ExcessRevenueOverExpensesAmt
Other Increases	$0	OtherIncreasesAmt
Subtotal	$7,416,460	SubtotalAmt
Other Decreases	$99,301	OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY	$7,317,159	TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)

PropertyPropertyDesc	How AcquiredHowAcquiredCd	Gross Sales PriceGrossSalesPriceAmt	Cost Or Other BasisCostOrOtherBasisAmt	Gain Or LossGainOrLossAmt	Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
PUBLICLY TRADED SECURITIES	P	$402,213	$401,685	$528	$528
CAPITAL GAINS DIVIDENDS	P	$3,199		$3,199	$3,199

Field	Value	IRS element (for citing)
Capital Gain Net Income	$3,727	CapitalGainNetIncomeAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

Field	Value	IRS element (for citing)
Liable Section4942 Tax	0	LiableSection4942TaxInd
Adjusted Qlfy Distri Yr1	$958,763	AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1	$2,882,081	NetVlNoncharitableAssetsYr1Amt
Distribution Yr1	0.332663	DistributionYr1Rt
Adjusted Qlfy Distri Yr2	$62,358	AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2	$1,197,233	NetVlNoncharitableAssetsYr2Amt
Distribution Yr2	0.052085	DistributionYr2Rt
Adjusted Qlfy Distri Yr3	$59,597	AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3	$1,307,642	NetVlNoncharitableAssetsYr3Amt
Distribution Yr3	0.045576	DistributionYr3Rt
Adjusted Qlfy Distri Yr4	$9,518	AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4	$1,119,020	NetVlNoncharitableAssetsYr4Amt
Distribution Yr4	0.008506	DistributionYr4Rt
Adjusted Qlfy Distri Yr5	$0	AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5	$993,558	NetVlNoncharitableAssetsYr5Amt
Distribution Yr5	0.000000	DistributionYr5Rt
Total Distribution	0.438830	TotalDistributionRt
Average Distribution	0.087766	AverageDistributionRt
Net Vl Noncharitable Assets	$8,580,703	NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets	$753,094	AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct	$1,417	NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct	$754,511	AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions	$174,383	QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Field	Value	IRS element (for citing)
Investment Income Excise Tax	$2,834	InvestmentIncomeExciseTaxAmt
Tax Under Section511	$0	TaxUnderSection511Amt
Subtotal	$2,834	SubtotalAmt
Subtitle A Tax	$0	SubtitleATaxAmt
Tax Based On Investment Income	$2,834	TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx	$2,080	EstimatedPlusOvpmtIncmTxAmt
Extsn Request Income Tax Paid	$0	ExtsnRequestIncomeTaxPaidAmt
Backup Withholding Withheld	$0	BackupWithholdingWithheldAmt
Total Payments And Credits	$2,080	TotalPaymentsAndCreditsAmt
Form2220 Attached	Yes (X)	Form2220AttachedInd
Es Penalty	$0	EsPenaltyAmt
Tax Due	$754	TaxDueAmt

Statements Regarding Acty StatementsRegardingActyGrp

Field	Value	IRS element (for citing)
Legislative Political Acty	0	LegislativePoliticalActyInd
More Than100 Spent	0	MoreThan100SpentInd
Form1120 POL Filed	0	Form1120POLFiledInd
Section4955 Organization Tax	$0	Section4955OrganizationTaxAmt
Section4955 Managers Tax	$0	Section4955ManagersTaxAmt
Tax Reimbursed	$0	TaxReimbursedAmt
Activities Not Previously Rpt	0	ActivitiesNotPreviouslyRptInd
Changes To Articles Or Bylaws	0	ChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over Limit	0	UnrelatedBusIncmOverLimitInd
Organization Dissolved Etc	0	OrganizationDissolvedEtcInd
Section508e Rqr Satisfied	Yes (1)	Section508eRqrSatisfiedInd
At Least5000 In Assets	Yes (1)	AtLeast5000InAssetsInd
Org Report Or Register State	MN	OrgReportOrRegisterStateCd
Form990 PF Filed With Atty Gen	Yes (1)	Form990PFFiledWithAttyGenInd
Private Operating Foundation	0	PrivateOperatingFoundationInd
New Substantial Contributors	0	NewSubstantialContributorsInd
Own Controlled Entity	0	OwnControlledEntityInd
Donor Advised Fund	0	DonorAdvisedFundInd
Comply With Public Insp Rqr	Yes (1)	ComplyWithPublicInspRqrInd
Website Address	N/A	WebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

Field	Value	IRS element (for citing)
Business Name Line1	NORMAN H HOFFMAN	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	9524421829	PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

Field	Value	IRS element (for citing)
Address Line1	116 LAKE STREET WEST	AddressLine1Txt
City	WACONIA	CityNm
State Abbreviation	MN	StateAbbreviationCd
ZIP	55387	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

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	Employee Benefit ProgramEmployeeBenefitProgramAmt	Expense Account Other AllwncExpenseAccountOtherAllwncAmt
NORMAN H HOFFMAN
116 LAKE STREET WEST	WACONIA	MN	55387	DIRECTOR/PRESIDENT	2.00	$0	$0	$0
ANNA M HOFFMAN
116 LAKE STREET WEST	WACONIA	MN	55387	DIRECTOR/SECRETARY	1.00	$0	$0	$0
GERALD R STORMS
116 LAKE STREET WEST	WACONIA	MN	55387	DIRECTOR/VP/TREASURER	1.00	$3,213	$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	$7,644,229	AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances	$1,027,145	AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast	$40,000	FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets	$8,711,374	TotalFMVOfUnusedAssetsAmt
Reduction Claimed	$0	ReductionClaimedAmt
Acquisition Indebtedness	$0	AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast	$8,711,374	AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable	$130,671	CashDeemedCharitableAmt
Net Vl Noncharitable Assets	$8,580,703	NetVlNoncharitableAssetsAmt
Minimum Investment Return	$429,035	MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

Field	Value	IRS element (for citing)
Minimum Investment Return	$429,035	MinimumInvestmentReturnAmt
Tax Based On Investment Income	$2,834	TaxBasedOnInvestmentIncomeAmt
Total Tax	$2,834	TotalTaxAmt
Distributable Before Adj	$426,201	DistributableBeforeAdjAmt
Recoveries Qualfied Distri	$0	RecoveriesQualfiedDistriAmt
Distributable Before Ded	$426,201	DistributableBeforeDedAmt
Deduction From Distributable	$0	DeductionFromDistributableAmt
Distributable As Adjusted	$426,201	DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

Field	Value	IRS element (for citing)
Expenses And Contributions	$174,383	ExpensesAndContributionsAmt
Program Related Invst Total	$0	ProgramRelatedInvstTotalAmt
Qualifying Distributions	$174,383	QualifyingDistributionsAmt
Pct Sect4940e Org Net Invst Incm	$0	PctSect4940eOrgNetInvstIncmAmt
Adjusted Qualifying Distri	$174,383	AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

Field	Value	IRS element (for citing)
Distributable As Adjusted	$426,201	DistributableAsAdjustedAmt
Undistributed Income PY	$0	UndistributedIncomePYAmt
Total For Prior Years	$0	TotalForPriorYearsAmt
Excess Distribution Cyov Yr1	$768,803	ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov	$768,803	TotalExcessDistributionCyovAmt
Qualifying Distributions	$174,383	QualifyingDistributionsAmt
Applied To Year1	$0	AppliedToYear1Amt
Applied To Prior Years	$0	AppliedToPriorYearsAmt
Treated As Distri From Corpus	$0	TreatedAsDistriFromCorpusAmt
Applied To Current Year	$174,383	AppliedToCurrentYearAmt
Remaining Distri From Corpus	$0	RemainingDistriFromCorpusAmt
Excess Distri Cyov App CY Corpus	$251,818	ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY	$251,818	ExcessDistributionCyovAppCYAmt
Total Corpus	$516,985	TotalCorpusAmt
Prior Year Undistributed Incm	$0	PriorYearUndistributedIncmAmt
Prior Year Deficiency Or Tax	$0	PriorYearDeficiencyOrTaxAmt
Taxable1	$0	Taxable1Amt
Taxable2	$0	Taxable2Amt
Undistributed Income CY	$0	UndistributedIncomeCYAmt
Corpus Distri170b1 E Or4942g3	$0	CorpusDistri170b1EOr4942g3Amt
Excess Distri Cyov From Yr5	$0	ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr	$516,985	ExcessDistriCyovToNextYrAmt
Excess From Year1	$516,985	ExcessFromYear1Amt

Supplementary Information SupplementaryInformationGrp

Field	Value	IRS element (for citing)
Contributing Manager	NORMAN H HOFFMAN	ContributingManagerNm
Contributing Manager	ANNA M HOFFMAN	ContributingManagerNm
Only Contri To Preselected	Yes (X)	OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (9 entries)

Address Line1RecipientUSAddress/AddressLine1Txt	CityRecipientUSAddress/CityNm	State AbbreviationRecipientUSAddress/StateAbbreviationCd	ZIPRecipientUSAddress/ZIPCd	Recipient RelationshipRecipientRelationshipTxt	Recipient Foundation StatusRecipientFoundationStatusTxt	Grant Or Contribution PurposeGrantOrContributionPurposeTxt	AmtAmt
AMERICAN DIABETES ASSOCIATION
2451 CRYSTAL DRIVE SUITE 900	ARLINGTON	VA	22202	NONE	PC	PROGRAM SUPPORT	$25,000
ASCENSION CATHOLIC SCHOOL
601 VAN BUREN STREET	OAK PARK	IL	60304	NONE	PC	EDUCATION - GENERAL PROGRAM SUPPORT	$3,000
FREEDOM FOUNDATION OF MINNESOTA
520 NICOLLET MALL STE 510	MINNEAPOLIS	MN	55402	NONE	PC	PROGRAM SUPPORT	$5,000
HOLY FAMILY HIGH SCHOOL
5195 W 144TH AVE	BROOMFIELD	CO	80023	NONE	PC	EDUCATION - GENERAL PROGRAM SUPPORT	$25,000
NET MINISTRIES
110 CRUSADER AVE W	WEST ST PAUL	MN	55118	NONE	PC	PROGRAM SUPPORT	$30,000
SHARING AND CARING HANDS
525 N 7TH ST	MINNEAPOLIS	MN	55405	NONE	PC	PROGRAM SUPPORT	$2,500
ST JOSEPH CATHOLIC CHURCH
41 E 1ST STREET	WACONIA	MN	55387	NONE	PC	PROGRAM SUPPORT	$5,000
ST PAUL SEMINARY SCHOOL
2260 SUMMIT AVE	ST PAUL	MN	55105	NONE	PC	EDUCATION - GENERAL PROGRAM SUPPORT	$25,000
UNIVERSITY OF NORTH DAKOTA FOUNDATION
3501 UNIVERSITY AVE STOP 8157	GRAND FORKS	ND	58202	NONE	PC	PROGRAM SUPPORT	$10,000

Field	Value	IRS element (for citing)
Total Grant Or Contri Pd Dur Yr	$130,500	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	$27,552	ExclusionAmt

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$156,286	ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

Field	Value	IRS element (for citing)
Exclusion	18	ExclusionCd
Exclusion	$3,727	ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Field	Value	IRS element (for citing)
Unrelated Business Taxbl Incm	$0	UnrelatedBusinessTaxblIncmAmt
Exclusion	$187,565	ExclusionAmt
Related Or Exempt Function Incm	$0	RelatedOrExemptFunctionIncmAmt

Field	Value	IRS element (for citing)
Total Income Producing Acty	$187,565	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 (6 entries)

ContributorContributorNum	Address Line1ContributorUSAddress/AddressLine1Txt	CityContributorUSAddress/CityNm	State AbbreviationContributorUSAddress/StateAbbreviationCd	ZIPContributorUSAddress/ZIPCd	Total ContributionsTotalContributionsAmt	Person ContributionPersonContributionInd	Noncash ContributionNoncashContributionInd
NORMAN ANN HOFFMAN
1	116 LAKE STREET WEST	WACONIA	MN	55387	$4,008,925	Yes (X)
NORMAN ANN HOFFMAN
2	116 LAKE STREET WEST	WACONIA	MN	55387	$273,330		Yes (X)
NORMAN ANN HOFFMAN
3	116 LAKE STREET WEST	WACONIA	MN	55387	$48,024		Yes (X)
NORMAN ANN HOFFMAN
4	116 LAKE STREET WEST	WACONIA	MN	55387	$124,940		Yes (X)
NORMAN ANN HOFFMAN
5	116 LAKE STREET WEST	WACONIA	MN	55387	$257,113		Yes (X)
NORMAN ANN HOFFMAN
6	116 LAKE STREET WEST	WACONIA	MN	55387	$317,055		Yes (X)

Non Cash Property Contribution NonCashPropertyContributionGrp (5 entries)

ContributorContributorNum	Noncash PropertyNoncashPropertyDesc	Fair Market ValueFairMarketValueAmt	ReceivedReceivedDt
2	2,250 SHS ISHARES NORTH AMERICAN TECH (TOTAL COST BASIS OF $237,913)	$273,330	2017-02-10
3	300 SHS ISHARES RUSSELL 2000 (TOTAL COST BASIS OF $38,412)	$48,024	2017-02-10
4	1,000 SHS ISHARES US INDUSTRIALS ETF (TOTAL COST BASIS OF $108,310)	$124,940	2017-02-10
5	9,870 SHS JP MORGAN CHASE & COMPANY - 6.1% (TOTAL COST BASIS OF $250,012)	$257,113	2017-02-10
6	11,500 SHS CHS INC (TOTAL COST BASIS OF $304,445)	$317,055	2017-02-10

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

Field	Value	IRS element (for citing)
Category	TAX PREP FEES	CategoryTxt
Amt	$20,925	Amt
Net Investment Income	$10,463	NetInvestmentIncomeAmt
Disbursements Charitable Prps	$10,462	DisbursementsCharitablePrpsAmt

Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule

Investments Corporate Bonds InvestmentsCorporateBondsGrp (36 entries)

BondBondNm	EOY Book ValueEOYBookValueAmt	EOYFMVEOYFMVAmt
CAPITAL ONE BANK USA NA GLEN ALLEN VA CD FDIC #33954	$149,936	$149,985
ALLY BANK MIDVALE UT CD FDIC SEMI CPN 1.150% DUE 02/12/18	$49,975	$50,002
FLORIDA CAP BK NA JACKSONVILLE FL CD FDIC #26323	$100,000	$100,000
DISCOVER BANK GREENWOOD DE CD FDIC #05649	$50,000	$49,978
WELLS FARGO BANK NA SIOUX FALLS SD CD FDIC #03511	$99,990	$99,922
BEAL BANK USA LAS VEGAS NV CD FDIC #57833 IAM	$99,958	$100,000
CRESCOM BANK CHARLESTON SC CD FDIC MTHLY CLLB CPN 1.100% DUE 10/05/18	$50,000	$49,807
STEARNS BANK NA ST CLOUD MN CD FDIC MTHLY CPN 0.900% DUE 08/14/17	$99,950	$100,000
GOLDMAN SACHS BANK USA NEW YORK NY CD FDIC SEMI CPN 1.350% DUE 02/19/19	$49,825	$49,760
PRINCEVILLE STATE BANK PRINCEVILLE IL CD FDIC #16900	$50,000	$49,972
CAPITAL ONE BANK USA NA GLEN ALLEN VA CD FDIC #33954	$49,566	$49,578
MORGAN STANLEY SR NOTE CPN 2.375% DUE 07/23/19	$49,940	$50,057
PEOPLES UNITED BANK NA BRIDGEPORT CT CD FDIC #27334	$99,998	$100,101
FIRST FINL NORTHWEST BK RENTON WA CD FDIC #29058	$49,725	$49,443
WELLS FARGO & CO MEDIUM TERM NOTE CPN 2.150% DUE 01/30/20	$49,913	$49,891
CONOCOPHILLIPS CO GTD NOTE CPN 2.200% DUE 05/15/20	$48,108	$49,888
GENL MTRS FINL CO INC SR NOTE CPN 3.200% DUE 07/13/20	$50,214	$50,679
BENEFICIAL BANK PHILADELPHIA PA CD FDIC #15697	$49,050	$48,758
CAPITAL ONE NA MCLEAN VA CD FDIC #04297	$49,995	$49,805
GOLDMAN SACHS BANK USA NEW YORK NY CD FDIC SEMI CPN 1.850% DUE 02/17/21	$49,720	$49,477
JPMORGAN CHASE BANK NA COLUMBUS OH CD FDIC QTRLY CLLB CPN 1.600% DUE 5/16/21	$49,700	$49,175
COMENITY CAPITAL BANK SALT LAKE CITY UT CD	$49,075	$48,620
BENEFICIAL BANK PHILADELPHIA PA CD FDIC #15697	$49,500	$48,524
ABBOTT LABS SR NOTE CPN 2.550% DUE 03/15/22	$49,700	$49,484
GOLDMAN SACHS GROUP INC NOTE	$49,659	$50,196
MURPHY OIL CORP SR NOTE	$48,473	$50,125
JEFFRIES GRP LLC SR NOTE STEP	$49,688	$48,583
HSBC BANK USA NA MCLEAN VA CD FDIC SEMI CLLB CPN 2.000% DUE 10/21/22	$49,775	$48,949
ISHARES TIPS BOND ETF	$56,590	$57,040
ISHARES IBOXX $INVESTMENT GRADE CORP BOND ETF	$85,790	$91,170
ISHARES JPMORGAN USD EMERGING MARKETS BOND ETF	$66,388	$69,660
ISHARES INTERMEDIATE CREDIT BOND ETF	$108,310	$109,210
ISHARES 1-3 YR CREDIT BOND ETF	$105,148	$104,540
POWERSHARES SENIOR LOAN PORT ETF	$103,765	$103,680
VANGUARD INTERMEDIATE TERM BOND ETF	$75,315	$75,447
VANGUARD INTERMEDIATE TERM CORP BOND ETF	$126,387	$131,085

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp (54 entries)

Category Or ItemCategoryOrItemTxt	Listed At Cost Or FMVListedAtCostOrFMVCd	Book ValueBookValueAmt	EOYFMVEOYFMVAmt
FIRST TRUST NASDAQ CYBERSECURITY ETF	AT COST	$51,600	$57,825
ISHARES MSCI BRIC ETF	AT COST	$94,879	$133,470
ISHARES MSCI BRIC ETF	AT COST	$91,925	$105,465
ISHARES RUSSELL MID CAP ETF	AT COST	$64,738	$145,691
ISHARES NORTH AMERICAN TECH SOFTWARE ETF	AT COST	$237,913	$347,771
ISHARES NASDAQ BIOTECHNOLOGY ETF	AT COST	$122,872	$208,202
ISHARES RUSSELL 1000 VALUE ETF	AT COST	$57,561	$124,340
ISHARES RUSSELL 2000 GROWTH ETF	AT COST	$118,983	$205,370
ISHARES US UTILITIES ETF	AT COST	$60,507	$66,435
ISHARES US TELECOMMUNICATIONS ETF	AT COST	$67,403	$58,820
ISHARES TECHNOLOGY ETF	AT COST	$120,497	$162,770
ISHARES US INDUSTRIALS ETF	AT COST	$105,485	$147,385
ISHARES US HEALTHCARE ETF	AT COST	$154,640	$182,942
ISHARES US FINANCIALS ETF	AT COST	$228,352	$268,718
ISHARES US ENERGY ETF	AT COST	$206,988	$237,900
ISHARES MORNINGSTAR SMALL CAP VALUE ETF	AT COST	$38,322	$60,904
ISHARES GLOBAL INDUSTRIALS ETF	AT COST	$32,433	$88,227
ISHARES AEROSPACE & DEFENSE ETF	AT COST	$50,120	$65,839
ISHARES U S MEDICAL DEVICES ETF	AT COST	$85,880	$104,106
ISHARES OIL EQUIPMENT & SERVICES ETF	AT COST	$87,720	$71,840
OSI OSHARES FTSE RUSSELL SMALL CAP QLTY DIVID ETF	AT COST	$40,904	$40,560
POWERSHARES DWA CONSUMER STAPLES MOMENTUM ETF	AT COST	$85,897	$162,700
POWERSHARES DWA CONSUMER CYCLICALS MOMENTUM ETF	AT COST	$37,300	$125,700
POWERSHARES DWA UTILITIES MOMENTUM ETF	AT COST	$60,244	$111,310
POWERSHARES PREFERRED ETF	AT COST	$97,691	$104,020
SPDR GOLD TRUST GOLD SHARES	AT COST	$48,485	$61,825
SPDR S&P INTL DIVIDEND ETF	AT COST	$74,961	$82,420
SPDR S&P DEVELOPED WORLD EX US ETF	AT COST	$85,443	$145,820
SPDR SERIES TRUST S&P RETAIL ETF	AT COST	$58,374	$60,993
SPDR SERIES TRUST S&P DIVIDEND ETF	AT COST	$97,196	$188,960
SECTOR MATERIALS SELECT SECTOR SPDR ETF	AT COST	$46,906	$121,060
SECTOR FINANCIAL SELECT SECTOR SPDR ETF	AT COST	$34,989	$111,640
VANGUARD FTSE EMERGING MARKETS ETF	AT COST	$32,225	$61,979
VANGUARD INDUSTRIALS ETF	AT COST	$16,428	$56,948
VANGUARD INFORMATION TECHNOLOGY ETF	AT COST	$50,170	$247,095
VANGUARD TELECOM SERVICES ETF	AT COST	$24,776	$52,411
VANGUARD SMALL CAP VALUE ETF	AT COST	$49,449	$79,668
WISDOMTREE INDIA	AT COST	$31,964	$55,680
ALLSTATE CORP DEP SHS REPSTG 1/1000TH 6.75% SER C NONCUM PERPTL PFD	AT COST	$51,834	$52,040
ASSOCIATED BANC CORP WI DEP SHS REPSTG 1/40TH	AT COST	$94,570	$103,840
BANK AMER CORP DEP SHS 1/1000TH NON CUML PFD SER EE $0.01 6% PERPTL	AT COST	$63,757	$67,975
BANK AMERICA CORP NON CUML PERPETL CONV PFD SER L 7.25%	AT COST	$59,800	$65,950
CHS INC CL B CUML REDEEMABLE PFD SER 3 6.75%	AT COST	$304,445	$304,405
CAPITAL ONE FINANCIAL CORP DEP SHS REPSTG 1/40TH PERP PFD G 5.2%	AT COST	$56,398	$62,575
CITIGROUP INC DEP SHS REPSTG NONCUML PFD SER J FXD/VAR PERPTL 7.125%	AT COST	$50,480	$57,700
JPMORGAN CHASE & COMPANY JPMORGAN CHASE & COMPANY NON CUML AA PERPTL 6.1%	AT COST	$250,012	$266,194
PUBLIC STORAGE DEP SHS REPSTG 1/1000 CUML PFD SER W 5.2%	AT COST	$45,828	$49,980
SOUTHERN COMPANY SER 2015A JR SUB NOTE 6.25% DUE 10/15/75	AT COST	$78,200	$80,970
TCF FINL CORP DEP SHS REPSTG 1/1000TH NON CUML PFD C PRPTL 5.7	AT COST	$51,614	$51,460
TWO HARBORS INVESTMENT CORP SER B FXD/VAR CUML REDEEM PFD 7.625%	AT COST	$52,100	$52,520
WELLS FARGO & COMPANY DEP SHS 1/1000TH INT PERPTL A SER Q FXD/VAR	AT COST	$47,565	$54,000
WELLS FARGO & COMPANY PERPETUAL PFD CONVERTIBLE CL A 7.5%	AT COST	$61,663	$65,500
SELECT SECTOR TR REAL ESTATE SPDR ETF	AT COST	$62,167	$65,880
ENTROPY SOLUTIONS LLC	AT COST	$40,000	$40,000

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFeesGrp

Field	Value	IRS element (for citing)
Category	LEGAL FEES	CategoryTxt
Legal Fees	$7,679	LegalFeesAmt
Net Investment Income	$0	NetInvestmentIncomeAmt
Disbursements Charitable Prps	$7,679	DisbursementsCharitablePrpsAmt

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases Detail OtherDecreasesDetail (2 entries)

DescDesc	AmtAmt
BASIS ADJUSTMENT FOR DONATED STOCKS FMV TO COST BASIS	$81,370
BASIS ADJUSTMENT - NO TAX AFFECT	$17,931

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)

DescDesc	Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt	Net Investment IncomeNetInvestmentIncomeAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt
MINNESOTA ATTORNEY GENERAL FEE	$25	$0	$25
INVESTMENT MANAGEMENT FEE	$35,000	$35,000	$0
INSURANCE	$394	$394	$0

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (2 entries)

CategoryCategoryTxt	AmtAmt	Net Investment IncomeNetInvestmentIncomeAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt
2015 EXCISE TAX	$826	$0	$0
2016 ESTIMATED PAYMENT	$2,080	$0	$0