CARGILL FOUNDATION: Form 990PF, tax year 2024

View the entire original 990 at ProPublica ↗

Organization: CARGILL FOUNDATION (EIN 41-6020221)
Tax period: 2024-01-01 to 2024-12-31
Filed: 2025-11-17
IRS object ID: 202513219349105086
Schema version: 2024v5.2
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
Accounting Fees Schedule
General Explanation Attachment
Investments Corp Stock Schedule
Investments Other Schedule2
Other Expenses Schedule
Other Income Schedule2
Other Increases Schedule
Other Liabilities Schedule
Other Professional Fees Schedule
Taxes Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2025-11-17T14:02:44-06:00	ReturnTs
Tax Period End	2024-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	135565207	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

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

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	350 NORTH 5TH ST STE 600	AddressLine1Txt
City	MINNEAPOLIS	CityNm
State Abbreviation	MN	StateAbbreviationCd
ZIP	55401	ZIPCd

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

Filer Filer

Field	Value	IRS element (for citing)
EIN	416020221	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	CARGILL FOUNDATION	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	CARG	BusinessNameControlTxt
Phone	9527424311	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 5650	AddressLine1Txt
City	MINNEAPOLIS	CityNm
State Abbreviation	MN	StateAbbreviationCd
ZIP	554405650	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	HOLLY ENG	PersonNm
Person Title	SENIOR VICE PRESIDENT	PersonTitleTxt
Phone	9527424311	PhoneNum
Signature	2025-11-17	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Field	Value	IRS element (for citing)
IRS Responsible Prty Info Curr	0	IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	HOLLY K MOEN	PreparerPersonNm
PTIN	P01800653	PTIN
Phone	6123055000	PhoneNum

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

Form 990-PF IRS990PF

Field	Value	IRS element (for citing)
Organization501c3 Exempt PF	Yes (X)	Organization501c3ExemptPFInd
FMV Assets EOY	$307,345,903	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
Interest On Sav Rev And Expnss	$463,176	InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm	$463,176	InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss	$4,781,715	DividendsRevAndExpnssAmt
Dividends Net Invst Incm	$7,216,206	DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss	-$4,665,513	NetGainSaleAstRevAndExpnssAmt
Gross Sales Price	$139,040,561	GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm	$463,995	CapGainNetIncmNetInvstIncmAmt
Other Income Rev And Expnss	$0	OtherIncomeRevAndExpnssAmt
Other Income Net Invst Incm	-$114,232	OtherIncomeNetInvstIncmAmt
Total Rev And Expnss	$579,378	TotalRevAndExpnssAmt
Total Net Invst Incm	$8,029,145	TotalNetInvstIncmAmt
Total Adj Net Incm	$0	TotalAdjNetIncmAmt
Comp Ofcr Dir Trst Rev And Expnss	$20,000	CompOfcrDirTrstRevAndExpnssAmt
Comp Ofcr Dir Trst Net Invst Incm	$10,000	CompOfcrDirTrstNetInvstIncmAmt
Comp Ofcr Dir Trst Adj Net Incm	$0	CompOfcrDirTrstAdjNetIncmAmt
Comp Ofcr Dir Trst Dsbrs Chrtbl	$0	CompOfcrDirTrstDsbrsChrtblAmt
Accounting Fees Rev And Expnss	$90,438	AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm	$62,905	AccountingFeesNetInvstIncmAmt
Accounting Fees Adj Net Incm	$0	AccountingFeesAdjNetIncmAmt
Accounting Fees Chrtbl Prps	$0	AccountingFeesChrtblPrpsAmt
Other Prof Fees Rev And Expnss	$1,517,286	OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm	$1,275,010	OtherProfFeesNetInvstIncmAmt
Other Prof Fees Adj Net Incm	$0	OtherProfFeesAdjNetIncmAmt
Other Prof Fees Dsbrs Chrtbl	$0	OtherProfFeesDsbrsChrtblAmt
Taxes Rev And Expnss	$397,581	TaxesRevAndExpnssAmt
Taxes Net Invst Incm	$98,277	TaxesNetInvstIncmAmt
Taxes Adj Net Incm	$0	TaxesAdjNetIncmAmt
Taxes Dsbrs Chrtbl	$0	TaxesDsbrsChrtblAmt
Other Expenses Rev And Expnss	$30,054	OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm	$213,805	OtherExpensesNetInvstIncmAmt
Other Expenses Adj Net Incm	$0	OtherExpensesAdjNetIncmAmt
Other Expenses Dsbrs Chrtbl	$0	OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss	$2,055,359	TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm	$1,659,997	TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Adj Net Incm	$0	TotOprExpensesAdjNetIncmAmt
Tot Opr Expenses Dsbrs Chrtbl	$0	TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss	$8,112,499	ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl	$13,000,000	ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss	$10,167,858	TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm	$1,659,997	TotalExpensesNetInvstIncmAmt
Total Expenses Adj Net Incm	$0	TotalExpensesAdjNetIncmAmt
Total Expenses Dsbrs Chrtbl	$13,000,000	TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses	-$9,588,480	ExcessRevenueOverExpensesAmt
Net Investment Income	$6,369,148	NetInvestmentIncomeAmt
Adjusted Net Income	$0	AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Field	Value	IRS element (for citing)
Cash BOY	$252,328	CashBOYAmt
Cash EOY	$818,921	CashEOYAmt
Cash EOYFMV	$818,921	CashEOYFMVAmt
Sav And Temp Cash Invst BOY	$4,269,233	SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY	$5,610,153	SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV	$5,610,153	SavAndTempCashInvstEOYFMVAmt
Acct Rcvbl	$70,889,671	AcctRcvblAmt
Acct Rcvbl BOY	$315,331	AcctRcvblBOYAmt
Acct Rcvbl EOY	$70,889,671	AcctRcvblEOYAmt
Acct Rcvbl EOYFMV	$70,889,671	AcctRcvblEOYFMVAmt
Corporate Stock BOY	$231,380,979	CorporateStockBOYAmt
Corporate Stock EOY	$198,533,520	CorporateStockEOYAmt
Corporate Stock EOYFMV	$198,533,520	CorporateStockEOYFMVAmt
Other Investments BOY	$18,951,625	OtherInvestmentsBOYAmt
Other Investments EOY	$31,493,638	OtherInvestmentsEOYAmt
Other Investments EOYFMV	$31,493,638	OtherInvestmentsEOYFMVAmt
Total Assets BOY	$255,169,496	TotalAssetsBOYAmt
Total Assets EOY	$307,345,903	TotalAssetsEOYAmt
Total Assets EOYFMV	$307,345,903	TotalAssetsEOYFMVAmt
Accounts Payable BOY	$160,300	AccountsPayableBOYAmt
Accounts Payable EOY	$42,793,244	AccountsPayableEOYAmt
Grants Payable BOY	$15,937,721	GrantsPayableBOYAmt
Grants Payable EOY	$11,049,770	GrantsPayableEOYAmt
Other Liabilities BOY	$78,455	OtherLiabilitiesBOYAmt
Other Liabilities EOY	$327,116	OtherLiabilitiesEOYAmt
Total Liabilities BOY	$16,176,476	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$54,170,130	TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117	Yes (X)	OrgDoesNotFollowFASB117Ind
Capital Stock BOY	$0	CapitalStockBOYAmt
Capital Stock EOY	$0	CapitalStockEOYAmt
Additional Paid In Capital BOY	$0	AdditionalPaidInCapitalBOYAmt
Additional Paid In Capital EOY	$0	AdditionalPaidInCapitalEOYAmt
Retained Earning BOY	$238,993,020	RetainedEarningBOYAmt
Retained Earning EOY	$253,175,773	RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY	$238,993,020	TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY	$253,175,773	TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY	$255,169,496	TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY	$307,345,903	TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Field	Value	IRS element (for citing)
Tot Net Ast Or Fund Balances BOY	$238,993,020	TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses	-$9,588,480	ExcessRevenueOverExpensesAmt
Other Increases	$23,771,233	OtherIncreasesAmt
Subtotal	$253,175,773	SubtotalAmt
Other Decreases	$0	OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY	$253,175,773	TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (333 entries)

PropertyPropertyDesc	How AcquiredHowAcquiredCd	Gross Sales PriceGrossSalesPriceAmt	Cost Or Other BasisCostOrOtherBasisAmt	Gain Or LossGainOrLossAmt	Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
10X GENOMICS INC	P	$13,998	$21,067	-$7,069	-$7,069
3I GROUP PLC	P	$28,521	$16,066	$12,455	$12,455
ABBVIE INC	P	$21,055	$16,475	$4,580	$4,580
ACADIAN INTERNATIONAL SMALL	P	$944,058	$859,894	$84,164	$84,164
ACCENTURE PLC	P	$237,346	$202,925	$34,421	$34,421
ADOBE INC	P	$125,843	$125,573	$270	$270
ADVANCED MICRO DEVICES INC	P	$76,266	$42,676	$33,590	$33,590
AECOM	P	$35,141	$30,849	$4,292	$4,292
AFLAC INC	P	$183,800	$116,355	$67,445	$67,445
AGILENT TECHNOLOGIES INC	P	$42,162	$43,976	-$1,814	-$1,814
AIA GROUP LTD	P	$110,831	$163,501	-$52,670	-$52,670
AIRBNB INC	P	$40,345	$33,421	$6,924	$6,924
AIRBUS SE	P	$32,095	$24,536	$7,559	$7,559
ALCON AG	P	$24,929	$24,174	$755	$755
ALCON INC	P	$37,146	$34,041	$3,105	$3,105
ALIBABA GROUP HOLDING LTD	P	$360,330	$581,909	-$221,579	-$221,579
ALLSTATE CORP/THE	P	$40,487	$31,335	$9,152	$9,152
ALPHABET INC	P	$933,505	$697,559	$235,946	$235,946
AMADEUS IT GROUP SA	P	$23,835	$22,908	$927	$927
AMAZON.COM INC	P	$83,079	$64,130	$18,949	$18,949
AMERICAN EXPRESS CO	P	$847,218	$522,531	$324,687	$324,687
AMERICAN TOWER CORP	P	$21,923	$22,469	-$546	-$546
AMERICAN WATER WORKS CO INC	P	$195,575	$278,254	-$82,679	-$82,679
AMERIPRISE FINANCIAL INC	P	$40,883	$29,439	$11,444	$11,444
AON PLC	P	$168,008	$137,682	$30,326	$30,326
APOLLO GLOBAL MANAGEMENT INC	P	$61,190	$36,590	$24,600	$24,600
APPLE INC	P	$237,692	$207,954	$29,738	$29,738
APTIV PLC	P	$97,536	$152,271	-$54,735	-$54,735
ARCHER-DANIELS-MIDLAND CO	P	$23,656	$24,458	-$802	-$802
ARISTA NETWORKS INC	P	$177,979	$120,404	$57,575	$57,575
ASML HOLDING NV	P	$253,190	$180,566	$72,624	$72,624
ASSURED GUARANTY LTD	P	$19,661	$11,441	$8,220	$8,220
ASTRAZENECA PLC	P	$37,506	$35,525	$1,981	$1,981
ATLASSIAN CORP	P	$22,763	$25,338	-$2,575	-$2,575
AUTOMATIC DATA PROCESSING INC	P	$36,436	$33,174	$3,262	$3,262
AUTOZONE INC	P	$41,519	$28,445	$13,074	$13,074
AVANGRID INC	P	$89,480	$88,321	$1,159	$1,159
AVERY DENNISON CORP	P	$39,671	$28,739	$10,932	$10,932
BAE SYSTEMS PLC	P	$623,972	$316,231	$307,741	$307,741
BALL CORP	P	$41,135	$38,147	$2,988	$2,988
BANK MANDIRI PERSERO TBK PT	P	$292,984	$344,167	-$51,183	-$51,183
BANK OF AMERICA CORP	P	$162,904	$156,852	$6,052	$6,052
BANK OF MONTREAL	P	$92,586	$111,935	-$19,349	-$19,349
BANK OF NEW YORK MELLON CORP/T	P	$1,027,498	$787,283	$240,215	$240,215
BANK OF NOVA SCOTIA/THE	P	$63,783	$79,607	-$15,824	-$15,824
BAXTER INTERNATIONAL INC	P	$35,385	$42,593	-$7,208	-$7,208
BECTON DICKINSON & CO	P	$84,012	$89,184	-$5,172	-$5,172
BENTLEY SYSTEMS INC	P	$41,010	$41,774	-$764	-$764
BERKSHIRE HATHAWAY INC	P	$727,362	$456,416	$270,946	$270,946
BHP GROUP LTD	P	$13,433	$15,173	-$1,740	-$1,740
BIOGEN INC	P	$69,321	$91,602	-$22,281	-$22,281
BIO-RAD LABORATORIES INC	P	$221,293	$497,004	-$275,711	-$275,711
BOEING CO/THE	P	$25,624	$27,053	-$1,429	-$1,429
BOSTON TR WALDEN SM CAP	P	$3,150,000	$3,031,237	$118,763	$118,763
BRISTOL-MYERS SQUIBB CO	P	$215,213	$271,018	-$55,805	-$55,805
BRITISH AMERICAN TOBACCO PLC	P	$45,586	$53,372	-$7,786	-$7,786
BROADCOM INC	P	$215,731	$85,270	$130,461	$130,461
BRUKER CORP	P	$168,653	$228,715	-$60,062	-$60,062
BYD CO LTD	P	$348,718	$392,352	-$43,634	-$43,634
CADENCE DESIGN SYSTEMS INC	P	$36,354	$32,445	$3,909	$3,909
CALIX INC	P	$248,163	$393,788	-$145,625	-$145,625
CAMDEN PROPERTY TRUST	P	$57,198	$67,709	-$10,511	-$10,511
CAMECO CORP	P	$24,253	$24,925	-$672	-$672
CARLISLE COS INC	P	$51,942	$31,645	$20,297	$20,297
CARMAX INC	P	$18,012	$17,991	$21	$21
CATERPILLAR INC	P	$43,836	$29,083	$14,753	$14,753
CATHAY GENERAL BANCORP	P	$1,766	$1,090	$676	$676
CBRE GROUP INC	P	$21,339	$21,065	$274	$274
CDW CORP/DE	P	$32,890	$35,796	-$2,906	-$2,906
CELLNEX TELECOM SA	P	$20,559	$17,695	$2,864	$2,864
CENTENE CORP	P	$73,864	$74,386	-$522	-$522
CHARLES SCHWAB CORP/THE	P	$739,682	$620,111	$119,571	$119,571
CHEVRON CORP	P	$28,824	$24,038	$4,786	$4,786
CHR HANSEN HOLDING A/S	P	$33,668	$33,015	$653	$653
CHURCH & DWIGHT CO INC	P	$16,749	$14,286	$2,463	$2,463
CIA DE SANEAMENTO BASICO DO ES	P	$35,506	$34,268	$1,238	$1,238
CIE FINANCIERE RICHEMONT SA	P	$345,249	$248,739	$96,510	$96,510
CISCO SYSTEMS INC	P	$22,542	$25,392	-$2,850	-$2,850
CITIGROUP INC	P	$463,560	$471,780	-$8,220	-$8,220
COCA-COLA CO/THE	P	$70,061	$66,308	$3,753	$3,753
COGNIZANT TECHNOLOGY SOLUTIONS	P	$20,836	$19,299	$1,537	$1,537
COLOPLAST A/S	P	$23,147	$22,471	$676	$676
COMCAST CORP	P	$49,922	$54,347	-$4,425	-$4,425
COMPASS GROUP PLC	P	$800,306	$537,581	$262,725	$262,725
CONOCOPHILLIPS	P	$20,631	$18,149	$2,482	$2,482
CORTEVA INC	P	$20,752	$20,626	$126	$126
CSL LTD	P	$19,891	$21,301	-$1,410	-$1,410
CVS HEALTH CORP	P	$16,070	$20,556	-$4,486	-$4,486
DAIMLER TRUCK HOLDING AG	P	$170,291	$120,900	$49,391	$49,391
DANAHER CORP	P	$599,917	$604,053	-$4,136	-$4,136
DANONE SA	P	$775,658	$789,096	-$13,438	-$13,438
DECKERS OUTDOOR CORP	P	$19,934	$5,671	$14,263	$14,263
DEERE & CO	P	$339,788	$316,837	$22,951	$22,951
DENTSPLY SIRONA INC	P	$494,904	$773,638	-$278,734	-$278,734
DEUTSCHE BOERSE AG	P	$530,183	$461,920	$68,263	$68,263
DEVON ENERGY CORP	P	$46,782	$52,427	-$5,645	-$5,645
DIAGEO PLC	P	$311,404	$354,689	-$43,285	-$43,285
DODGE & COX GLOBAL STOCK-I	P	$9,550,000	$8,993,556	$556,444	$556,444
DOLLAR GENERAL CORP	P	$11,859	$20,992	-$9,133	-$9,133
DSV A/S	P	$23,914	$26,266	-$2,352	-$2,352
EATON CORP PLC	P	$35,251	$18,757	$16,494	$16,494
EBAY INC	P	$28,467	$24,280	$4,187	$4,187
EDWARDS LIFESCIENCES CORP	P	$21,271	$17,907	$3,364	$3,364
EISAI CO LTD	P	$21,326	$20,683	$643	$643
ELEMENT SOLUTIONS INC	P	$69,976	$46,887	$23,089	$23,089
ELEVANCE HEALTH INC	P	$756,889	$750,805	$6,084	$6,084
ELI LILLY & CO	P	$87,947	$34,471	$53,476	$53,476
ENTEGRIS INC	P	$17,557	$20,975	-$3,418	-$3,418
ESTEE LAUDER COS INC/THE	P	$87,184	$139,436	-$52,252	-$52,252
ETSY INC	P	$15,962	$18,351	-$2,389	-$2,389
EVERSOURCE ENERGY	P	$167,993	$242,603	-$74,610	-$74,610
EXLSERVICE HOLDINGS INC	P	$19,726	$20,529	-$803	-$803
EXPEDIA GROUP INC	P	$569,677	$763,270	-$193,593	-$193,593
EXPERIAN PLC	P	$193,592	$147,928	$45,664	$45,664
EXXON MOBIL CORP	P	$117,931	$93,092	$24,839	$24,839
FAIR ISAAC CORP	P	$331,618	$168,102	$163,516	$163,516
FAST RETAILING CO LTD	P	$20,421	$15,892	$4,529	$4,529
FISERV INC	P	$43,547	$41,870	$1,677	$1,677
FLEX LTD	P	$193,121	$80,668	$112,453	$112,453
FMC CORP	P	$64,788	$94,497	-$29,709	-$29,709
FOOT LOCKER INC	P	$16,251	$18,795	-$2,544	-$2,544
FORTESCUE LTD	P	$44,916	$38,867	$6,049	$6,049
FORTINET INC	P	$94,240	$76,727	$17,513	$17,513
FORTIVE CORP	P	$20,801	$16,671	$4,130	$4,130
FOX CORP	P	$19,417	$18,666	$751	$751
FRANCO-NEVADA CORP	P	$84,249	$89,091	-$4,842	-$4,842
FRANKLIN RESOURCES INC	P	$17,829	$19,177	-$1,348	-$1,348
GE HEALTHCARE INC	P	$16,421	$16,513	-$92	-$92
GE HEALTHCARE TECHNOLOGIES INC	P	$59,909	$65,747	-$5,838	-$5,838
GE VERNOVA INC	P	$15,340	$4,994	$10,346	$10,346
GENERAL MILLS INC	P	$41,170	$45,692	-$4,522	-$4,522
GENERAL MOTORS CO	P	$40,232	$38,570	$1,662	$1,662
GILEAD SCIENCES INC	P	$23,451	$21,648	$1,803	$1,803
GIVAUDAN SA	P	$25,249	$26,323	-$1,074	-$1,074
GLDMN SCHS TCT TLT OVRLY-R6	P	$11,400,000	$11,284,307	$115,693	$115,693
GLOBAL PAYMENTS INC	P	$19,796	$18,046	$1,750	$1,750
GRAIL INC	P	$924	$1,505	-$581	-$581
GROUPE BRUXELLES LAMBERT NV	P	$155,162	$240,621	-$85,459	-$85,459
GSK PLC	P	$19,245	$21,011	-$1,766	-$1,766
HALEON PLC	P	$359,186	$340,798	$18,388	$18,388
HALLIBURTON CO	P	$21,285	$19,231	$2,054	$2,054
HALMA PLC	P	$59,676	$54,064	$5,612	$5,612
HEIDELBERG MATERIALS AG	P	$949,306	$591,728	$357,578	$357,578
HEINEKEN NV	P	$286,155	$378,968	-$92,813	-$92,813
HENRY SCHEIN INC	P	$213,764	$225,819	-$12,055	-$12,055
HERSHEY CO/THE	P	$42,470	$44,659	-$2,189	-$2,189
HEXCEL CORP	P	$59,857	$57,762	$2,095	$2,095
HOLOGIC INC	P	$38,066	$42,471	-$4,405	-$4,405
HONEYWELL INTERNATIONAL INC	P	$35,614	$32,480	$3,134	$3,134
HP INC	P	$40,814	$42,791	-$1,977	-$1,977
HSBC BANK PLC	P	$251,251	$233,264	$17,987	$17,987
ICON PLC	P	$88,559	$74,306	$14,253	$14,253
ILLINOIS TOOL WORKS INC	P	$135,249	$131,639	$3,610	$3,610
ILLUMINA INC	P	$56,148	$90,108	-$33,960	-$33,960
INFINEON TECHNOLOGIES AG	P	$411,909	$468,390	-$56,481	-$56,481
INTEL CORP	P	$37,299	$54,116	-$16,817	-$16,817
INTERNATIONAL BANCSHARES CORP	P	$20,972	$12,634	$8,338	$8,338
INTERNATIONAL FLAVORS & FRAGRA	P	$19,813	$27,701	-$7,888	-$7,888
INTUIT INC	P	$514,967	$314,317	$200,650	$200,650
ISHARES CORE S&P 500 ETF	P	$18,180,799	$17,305,781	$875,018	$875,018
ISHARES MSCI EAFE ETF	P	$5,696,423	$6,043,148	-$346,725	-$346,725
ITOCHU CORP	P	$20,422	$14,663	$5,759	$5,759
JEFFERIES FINANCIAL GROUP INC	P	$33,081	$31,371	$1,710	$1,710
JOHNSON & JOHNSON	P	$331,529	$337,329	-$5,800	-$5,800
KERING SA	P	$12,874	$20,617	-$7,743	-$7,743
KEYENCE CORP	P	$8,970	$8,254	$716	$716
KEYSIGHT TECHNOLOGIES INC	P	$432,211	$525,456	-$93,245	-$93,245
KONINKLIJKE DSM NV	P	$15,575	$28,692	-$13,117	-$13,117
KONINKLIJKE PHILIPS NV	P	$576,091	$729,619	-$153,528	-$153,528
KOSE CORP	P	$11,168	$19,212	-$8,044	-$8,044
KROGER CO/THE	P	$114,891	$110,308	$4,583	$4,583
KUBOTA CORP	P	$20,120	$18,420	$1,700	$1,700
L3HARRIS TECHNOLOGIES INC	P	$24,068	$18,328	$5,740	$5,740
LABORATORY CORP OF AMERICA HOL	P	$256,844	$244,837	$12,007	$12,007
LAM RESEARCH CORP	P	$337,673	$198,921	$138,752	$138,752
LITTELFUSE INC	P	$16,740	$17,890	-$1,150	-$1,150
LLOYDS BANKING GROUP PLC	P	$281,182	$262,763	$18,419	$18,419
LONDON STOCK EXCHANGE GROUP PL	P	$99,008	$70,657	$28,351	$28,351
LONG U.S. TREASURY INDEX NL	P	$12,865,135	$17,210,859	-$4,345,724	-$4,345,724
LOWE'S COS INC	P	$71,149	$61,429	$9,720	$9,720
LUCID GROUP INC	P	$7,635	$18,578	-$10,943	-$10,943
LYFT INC	P	$22,058	$19,636	$2,422	$2,422
MANDATUM OYJ	P	$2,279	$2,016	$263	$263
MARSH & MCLENNAN COS INC	P	$422,110	$310,688	$111,422	$111,422
MARUBENI CORP	P	$19,812	$12,222	$7,590	$7,590
MCCORMICK & CO INC/MD	P	$79,189	$91,727	-$12,538	-$12,538
MEDTRONIC PLC	P	$116,948	$122,129	-$5,181	-$5,181
MERCADOLIBRE INC	P	$40,809	$47,418	-$6,609	-$6,609
MERCK & CO INC	P	$31,187	$25,884	$5,303	$5,303
META PLATFORMS INC	P	$1,288,390	$701,938	$586,452	$586,452
MGM RESORTS INTERNATIONAL	P	$19,259	$17,950	$1,309	$1,309
MICROSOFT CORP	P	$519,678	$355,394	$164,284	$164,284
MITSUBISHI HEAVY INDUSTRIES LT	P	$15,795	$5,365	$10,430	$10,430
MODERNA INC	P	$22,593	$19,901	$2,692	$2,692
MONGODB INC	P	$7,886	$12,367	-$4,481	-$4,481
MONOLITHIC POWER SYSTEMS INC	P	$237,577	$183,692	$53,885	$53,885
MSCI EAFE INDX NL CTF ECTF	P	$650,322	$471,996	$178,326	$178,326
MSCI INC	P	$456,049	$593,399	-$137,350	-$137,350
NESTE OYJ	P	$138,792	$288,755	-$149,963	-$149,963
NESTLE SA	P	$62,727	$65,700	-$2,973	-$2,973
NEW JERSEY RESOURCES CORP	P	$21,062	$22,209	-$1,147	-$1,147
NEW YORK TIMES CO/THE	P	$20,567	$18,169	$2,398	$2,398
NEXTERA ENERGY INC	P	$224,576	$200,510	$24,066	$24,066
NEXTRACKER INC	P	$163,780	$76,821	$86,959	$86,959
NIKE INC	P	$48,389	$66,582	-$18,193	-$18,193
NINETY ONE GLBL ENVIRON-INST	P	$3,840,369	$4,876,437	-$1,036,068	-$1,036,068
NINTENDO CO LTD	P	$388,154	$338,917	$49,237	$49,237
NORTHERN TRUST CORP	P	$78,993	$80,575	-$1,582	-$1,582
NORTHROP GRUMMAN CORP	P	$66,685	$66,625	$60	$60
NOVARTIS AG	P	$637,135	$512,519	$124,616	$124,616
NU HOLDINGS LTD/CAYMAN ISLANDS	P	$50,568	$51,908	-$1,340	-$1,340
NVENT ELECTRIC PLC	P	$24,100	$13,826	$10,274	$10,274
NVIDIA CORP	P	$320,883	$116,173	$204,710	$204,710
NXP SEMICONDUCTORS NV	P	$72,256	$66,566	$5,690	$5,690
OLYMPUS CORP	P	$13,230	$19,048	-$5,818	-$5,818
OMRON CORP	P	$11,124	$24,937	-$13,813	-$13,813
ON HOLDING AG	P	$38,608	$34,406	$4,202	$4,202
ON SEMICONDUCTOR CORP	P	$219,926	$202,651	$17,275	$17,275
OPEN TEXT CORP	P	$15,467	$18,277	-$2,810	-$2,810
ORIENTAL LAND CO LTD/JAPAN	P	$10,745	$9,949	$796	$796
ORSTED AS	P	$20,462	$20,794	-$332	-$332
OTIS WORLDWIDE CORP	P	$45,650	$40,190	$5,460	$5,460
OWNERSHIP CAPITAL GLOBAL	P	$21,067,949	$24,690,113	-$3,622,164	-$3,622,164
PALO ALTO NETWORKS INC	P	$225,446	$136,854	$88,592	$88,592
PARTNERS GROUP HOLDING AG	P	$355,124	$361,240	-$6,116	-$6,116
PAYPAL HOLDINGS INC	P	$139,883	$142,165	-$2,282	-$2,282
PEPSICO INC	P	$120,713	$131,734	-$11,021	-$11,021
PERNOD RICARD SA	P	$16,731	$20,410	-$3,679	-$3,679
PFIZER INC	P	$171,421	$279,175	-$107,754	-$107,754
PHILIP MORRIS INTERNATIONAL IN	P	$20,121	$21,218	-$1,097	-$1,097
PIONEER NATURAL RESOURCES CO	P	$22,455	$17,832	$4,623	$4,623
PLAYTIKA HOLDING CORP	P	$13,892	$18,732	-$4,840	-$4,840
PLUXEE FRANCE SA	P	$120,645	$92,692	$27,953	$27,953
POWER INTEGRATIONS INC	P	$110,235	$121,516	-$11,281	-$11,281
PPG INDUSTRIES INC	P	$21,270	$20,611	$659	$659
PRINCIPAL FINANCIAL GROUP INC	P	$43,205	$39,259	$3,946	$3,946
PROCTER & GAMBLE CO/THE	P	$137,837	$124,058	$13,779	$13,779
PROGRESSIVE CORP/THE	P	$851,577	$353,778	$497,799	$497,799
PRUDENTIAL FINANCIAL INC	P	$141,949	$130,615	$11,334	$11,334
PRYSMIAN SPA	P	$7,742	$7,914	-$172	-$172
PUBLICIS GROUPE SA	P	$27,077	$16,570	$10,507	$10,507
QUALCOMM INC	P	$64,524	$59,620	$4,904	$4,904
RAMBUS INC	P	$20,795	$21,614	-$819	-$819
REALTY INCOME CORP	P	$143,908	$175,446	-$31,538	-$31,538
RECKITT BENCKISER GROUP PLC	P	$387,858	$463,404	-$75,546	-$75,546
RECRUIT HOLDINGS CO LTD	P	$28,256	$36,607	-$8,351	-$8,351
REGENERON PHARMACEUTICALS INC	P	$24,411	$24,673	-$262	-$262
REINSURANCE GROUP OF AMERICA I	P	$20,787	$18,309	$2,478	$2,478
RELX PLC	P	$55,741	$43,543	$12,198	$12,198
REMY COINTREAU SA	P	$16,227	$20,831	-$4,604	-$4,604
RESTAURANT BRANDS INTERNATIONA	P	$17,878	$18,774	-$896	-$896
ROCKWELL AUTOMATION INC	P	$38,866	$39,380	-$514	-$514
ROGERS COMMUNICATIONS INC	P	$68,975	$83,599	-$14,624	-$14,624
ROKU INC	P	$18,222	$19,746	-$1,524	-$1,524
ROYAL BANK OF CANADA	P	$63,237	$68,213	-$4,976	-$4,976
ROYAL GOLD INC	P	$26,406	$19,381	$7,025	$7,025
RTX CORP	P	$29,658	$26,490	$3,168	$3,168
S&P 500 R INDX NL CTF	P	$5,129,282	$4,941,624	$187,658	$187,658
SALESFORCE INC	P	$62,330	$52,222	$10,108	$10,108
SAMSUNG ELECTRONICS CO LTD	P	$548,078	$795,135	-$247,057	-$247,057
SANDOZ GROUP AG	P	$31	$23	$8	$8
SANOFI SA	P	$19,579	$20,026	-$447	-$447
SCHLUMBERGER LTD	P	$20,663	$18,657	$2,006	$2,006
SEB SA	P	$27,692	$33,616	-$5,924	-$5,924
SHELL PLC	P	$503,251	$426,788	$76,463	$76,463
SHOPIFY INC	P	$21,028	$19,550	$1,478	$1,478
SMC CORP	P	$354,336	$443,807	-$89,471	-$89,471
SNAP INC	P	$30,672	$35,726	-$5,054	-$5,054
SNOWFLAKE INC	P	$16,730	$19,549	-$2,819	-$2,819
SODEXO SA	P	$227,311	$187,712	$39,599	$39,599
SONOVA HOLDING AG	P	$19,750	$19,420	$330	$330
SONY GROUP CORP	P	$60,401	$63,079	-$2,678	-$2,678
SOUTHWEST AIRLINES CO	P	$203,385	$308,934	-$105,549	-$105,549
ST JAMES'S PLACE PLC	P	$11,849	$38,032	-$26,183	-$26,183
STATE STREET CORP	P	$42,562	$46,300	-$3,738	-$3,738
STATE STREET S&P 500 INDEX	P	$121	$87	$34	$34
STELLANTIS NV	P	$37,000	$38,539	-$1,539	-$1,539
STERIS PLC	P	$424,017	$396,392	$27,625	$27,625
STRAUMANN HOLDING AG	P	$20,463	$20,347	$116	$116
SUN HUNG KAI PROPERTIES LTD	P	$10,957	$18,046	-$7,089	-$7,089
SUN LIFE FINANCIAL INC	P	$84,507	$81,159	$3,348	$3,348
SUPER MICRO COMPUTER INC	P	$36,334	$53,473	-$17,139	-$17,139
SWATCH GROUP AG/THE	P	$43,367	$52,594	-$9,227	-$9,227
T ROWE PRICE GROUP INC	P	$22,361	$20,894	$1,467	$1,467
TAIWAN SEMICONDUCTOR MANUFACTU	P	$277,748	$210,877	$66,871	$66,871
TAPESTRY INC	P	$20,294	$17,811	$2,483	$2,483
TARGET CORP	P	$41,273	$42,234	-$961	-$961
TE CONNECTIVITY LTD	P	$26,063	$21,665	$4,398	$4,398
TELADOC HEALTH INC	P	$14,687	$20,374	-$5,687	-$5,687
TESLA INC	P	$86,271	$135,953	-$49,682	-$49,682
TETRA TECH INC	P	$308,110	$217,279	$90,831	$90,831
TEXAS INSTRUMENTS INC	P	$41,433	$41,818	-$385	-$385
THERMO FISHER SCIENTIFIC INC	P	$34,626	$33,573	$1,053	$1,053
TOLL BROTHERS INC	P	$27,053	$13,660	$13,393	$13,393
TOMRA SYSTEMS ASA	P	$88,602	$164,511	-$75,909	-$75,909
TOPBUILD CORP	P	$383,338	$216,345	$166,993	$166,993
TORONTO-DOMINION BANK/THE	P	$39,389	$46,027	-$6,638	-$6,638
TOTALENERGIES SE	P	$355,418	$342,103	$13,315	$13,315
TOYOTA MOTOR CORP	P	$125,648	$90,883	$34,765	$34,765
TRANE TECHNOLOGIES PLC	P	$27,880	$16,391	$11,489	$11,489
TRAVELERS COS INC/THE	P	$16,122	$14,378	$1,744	$1,744
TREASURY WINE ESTATES LTD	P	$20,270	$20,548	-$278	-$278
UBS GROUP AG	P	$1,038,480	$593,170	$445,310	$445,310
UIPATH INC	P	$19,898	$21,136	-$1,238	-$1,238
ULTA BEAUTY INC	P	$44,761	$45,123	-$362	-$362
UMICORE SA	P	$23,475	$41,505	-$18,030	-$18,030
UNICREDIT SPA	P	$25,672	$10,605	$15,067	$15,067
UNILEVER PLC	P	$105,141	$89,295	$15,846	$15,846
UNITED RENTALS INC	P	$35,899	$12,618	$23,281	$23,281
UNIVERSAL MUSIC GROUP NV	P	$179,333	$182,586	-$3,253	-$3,253
VALERO ENERGY CORP	P	$45,400	$42,597	$2,803	$2,803
VANGUARD BG GLBL POST IM-INV	P	$3,222,564	$4,355,099	-$1,132,535	-$1,132,535
VERALTO CORP	P	$97,759	$82,178	$15,581	$15,581
VERTEX PHARMACEUTICALS INC	P	$20,748	$10,766	$9,982	$9,982
VIASAT INC	P	$672	$1,213	-$541	-$541
VISA INC	P	$299,995	$235,539	$64,456	$64,456
VODAFONE GROUP PLC	P	$10,252	$19,614	-$9,362	-$9,362
VOLKSWAGEN AG	P	$21,840	$38,434	-$16,594	-$16,594
WALGREENS BOOTS ALLIANCE INC	P	$11,562	$20,746	-$9,184	-$9,184
WALT DISNEY CO/THE	P	$62,217	$78,265	-$16,048	-$16,048
WARNER BROS DISCOVERY INC	P	$24,769	$36,863	-$12,094	-$12,094
WASTE MANAGEMENT INC	P	$241,668	$172,172	$69,496	$69,496
WAYFAIR INC	P	$17,237	$21,275	-$4,038	-$4,038
WEATHERFORD INTERNATIONAL PLC	P	$38,757	$49,166	-$10,409	-$10,409
WELLTOWER INC	P	$19,817	$17,473	$2,344	$2,344
WEST PHARMACEUTICAL SERVICES I	P	$258,618	$281,321	-$22,703	-$22,703
WPP PLC	P	$20,897	$36,011	-$15,114	-$15,114
WSP GLOBAL INC	P	$59,528	$49,274	$10,254	$10,254
YUM! BRANDS INC	P	$33,445	$31,985	$1,460	$1,460
ZIFF DAVIS INC	P	$31,233	$37,177	-$5,944	-$5,944
ZOETIS INC	P	$32,774	$30,087	$2,687	$2,687
OTHER INVESTMENTS	P	$216,797		$216,797	$216,797
PARTNERSHIP NII	P	$5,129,508		$5,129,508	$5,129,508

Field	Value	IRS element (for citing)
Capital Gain Net Income	$463,995	CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Field	Value	IRS element (for citing)
Investment Income Excise Tax	$88,531	InvestmentIncomeExciseTaxAmt
Tax Under Section511	$0	TaxUnderSection511Amt
Subtotal	$88,531	SubtotalAmt
Subtitle A Tax	$0	SubtitleATaxAmt
Tax Based On Investment Income	$88,531	TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx	$99,871	EstimatedPlusOvpmtIncmTxAmt
Exempt Frgn Org Tax Wthld At Srce	$0	ExemptFrgnOrgTaxWthldAtSrceAmt
Extsn Request Income Tax Paid	$64,000	ExtsnRequestIncomeTaxPaidAmt
Backup Withholding Withheld	$0	BackupWithholdingWithheldAmt
Total Payments And Credits	$163,871	TotalPaymentsAndCreditsAmt
Es Penalty	$0	EsPenaltyAmt
Overpayment	$75,340	OverpaymentAmt
Applied To ES Tax	$75,340	AppliedToESTaxAmt
Refund	$0	RefundAmt

Statements Regarding Acty StatementsRegardingActyGrp

Field	Value	IRS element (for citing)
Legislative Political Acty	0	LegislativePoliticalActyInd
More Than100 Spent	0	MoreThan100SpentInd
Form1120 POL Filed	0	Form1120POLFiledInd
Section4955 Organization Tax	$0	Section4955OrganizationTaxAmt
Section4955 Managers Tax	$0	Section4955ManagersTaxAmt
Tax Reimbursed	$0	TaxReimbursedAmt
Activities Not Previously Rpt	0	ActivitiesNotPreviouslyRptInd
Changes To Articles Or Bylaws	0	ChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over Limit	Yes (1)	UnrelatedBusIncmOverLimitInd
Form990 T Filed	Yes (1)	Form990TFiledInd
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	Yes (1)	OwnControlledEntityInd
Donor Advised Fund	0	DonorAdvisedFundInd
Comply With Public Insp Rqr	Yes (1)	ComplyWithPublicInspRqrInd
Website Address	SEE PART XIV, LINE 2	WebsiteAddressTxt
Individual With Books	KATIE CLARK SIEBEN	IndividualWithBooksNm
Phone	6126555199	PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 5650	AddressLine1Txt
City	MINNEAPOLIS	CityNm
State Abbreviation	MN	StateAbbreviationCd
ZIP	554405650	ZIPCd

Field	Value	IRS element (for citing)
Foreign Accounts Question	0	ForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

Field	Value	IRS element (for citing)
Sale Or Exch Disqualified Prsn	0	SaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified Prsn	0	BrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified Prsn	0	FurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified Prsn	0	PayCompDisqualifiedPrsnInd
Transfer Ast Disqualified Prsn	0	TransferAstDisqualifiedPrsnInd
Payment To Government Official	0	PaymentToGovernmentOfficialInd
Uncorrected Prior Acts	0	UncorrectedPriorActsInd
Undistributed Income PY	0	UndistributedIncomePYInd
Business Holdings	0	BusinessHoldingsInd
Jeopardy Investments	0	JeopardyInvestmentsInd
Uncorrected PY Jeopardy Invst	0	UncorrectedPYJeopardyInvstInd
Influence Legislation	0	InfluenceLegislationInd
Influence Election	0	InfluenceElectionInd
Grants To Individuals	0	GrantsToIndividualsInd
Grants To Organizations	0	GrantsToOrganizationsInd
Noncharitable Purpose	0	NoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	0	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	0	PayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht Pymt	0	SubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (8 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
COLLEEN MAY END 1224
PO BOX 5650	MINNEAPOLIS	MN	554405650	DIRECTOR, PRESIDENT	1.00	$0	$0	$0
BEN AASE
PO BOX 5650	MINNEAPOLIS	MN	554405650	DIRECTOR	1.00	$10,000	$0	$0
SHEILA RIGGS
PO BOX 5650	MINNEAPOLIS	MN	554405650	DIRECTOR	1.00	$10,000	$0	$0
ROGER WATCHORN
PO BOX 5650	MINNEAPOLIS	MN	554405650	DIRECTOR, TREASURER/VP	1.00	$0	$0	$0
ANNA RICHO END 724
PO BOX 5650	MINNEAPOLIS	MN	554405650	DIRECTOR, SECRETARY/VP	1.00	$0	$0	$0
KOJO AMOO-GOTTFRIED
PO BOX 5650	MINNEAPOLIS	MN	554405650	DIRECTOR, VICE PRESIDENT	1.00	$0	$0	$0
SUSAN MERCER END 1224
PO BOX 5650	MINNEAPOLIS	MN	554405650	DIRECTOR, VICE PRESIDENT	1.00	$0	$0	$0
STEPH LUNDQUIST BEGIN 724
PO BOX 5650	MINNEAPOLIS	MN	554405650	DIRECTOR, VICE PRESIDENT	1.00	$0	$0	$0

Field	Value	IRS element (for citing)
Comp Of Hghst Pd Empl Or NONE	NONE	CompOfHghstPdEmplOrNONETxt
Other Employee Paid Over50k	0	OtherEmployeePaidOver50kCnt

Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (5 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	Service TypeServiceTypeTxt	CompensationCompensationAmt
GOLDMAN SACHS
200 WEST STREET 35TH FL	NEW YORK	NY	10282	MANAGEMENT SERVICES	$776,603
ARTISIAN PARTNERS LTD
875 E WISCONSIN AVENUE STE 800	MILWAUKEE	WI	53202	MANAGEMENT SERVICES	$103,962
ALLIANCEBERNSTEIN
225 SOUTH SIXTH STREET STE 2500	MINNEAPOLIS	MN	55402	MANAGEMENT SERVICES	$97,271
KPMG LLP
90 S 7TH STREET SUITE 4200	MINNEAPOLIS	MN	55402	AUDIT AND TAX SERVICES	$90,438
OWNERSHIP CAPITAL GLOBAL
1209 ORANGE STREET	WILMINGTON	DE	19801	MANAGEMENT SERVICES	$65,893

Field	Value	IRS element (for citing)
Contractor Paid Over50k	1	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	$252,532,015	AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances	$10,099,798	AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast	$5,638,011	FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets	$268,269,824	TotalFMVOfUnusedAssetsAmt
Reduction Claimed	$0	ReductionClaimedAmt
Acquisition Indebtedness	$0	AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast	$268,269,824	AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable	$4,024,047	CashDeemedCharitableAmt
Net Vl Noncharitable Assets	$264,245,777	NetVlNoncharitableAssetsAmt
Minimum Investment Return	$13,212,289	MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

Field	Value	IRS element (for citing)
Minimum Investment Return	$13,212,289	MinimumInvestmentReturnAmt
Tax Based On Investment Income	$88,531	TaxBasedOnInvestmentIncomeAmt
Total Tax	$88,531	TotalTaxAmt
Distributable Before Adj	$13,123,758	DistributableBeforeAdjAmt
Recoveries Qualfied Distri	$0	RecoveriesQualfiedDistriAmt
Distributable Before Ded	$13,123,758	DistributableBeforeDedAmt
Deduction From Distributable	$0	DeductionFromDistributableAmt
Distributable As Adjusted	$13,123,758	DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

Field	Value	IRS element (for citing)
Expenses And Contributions	$13,000,000	ExpensesAndContributionsAmt
Program Related Invst Total	$0	ProgramRelatedInvstTotalAmt
Qualifying Distributions	$13,000,000	QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

Field	Value	IRS element (for citing)
Distributable As Adjusted	$13,123,758	DistributableAsAdjustedAmt
Undistributed Income PY	$0	UndistributedIncomePYAmt
Total For Prior Years	$0	TotalForPriorYearsAmt
Excess Distribution Cyov Yr4	$2,511,469	ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr2	$1,523,891	ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1	$1,274,568	ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov	$5,309,928	TotalExcessDistributionCyovAmt
Qualifying Distributions	$13,000,000	QualifyingDistributionsAmt
Applied To Year1	$0	AppliedToYear1Amt
Applied To Prior Years	$0	AppliedToPriorYearsAmt
Treated As Distri From Corpus	$0	TreatedAsDistriFromCorpusAmt
Applied To Current Year	$13,000,000	AppliedToCurrentYearAmt
Remaining Distri From Corpus	$0	RemainingDistriFromCorpusAmt
Excess Distri Cyov App CY Corpus	$123,758	ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY	$123,758	ExcessDistributionCyovAppCYAmt
Total Corpus	$5,186,170	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	$5,186,170	ExcessDistriCyovToNextYrAmt
Excess From Year4	$2,387,711	ExcessFromYear4Amt
Excess From Year2	$1,523,891	ExcessFromYear2Amt
Excess From Year1	$1,274,568	ExcessFromYear1Amt

Supplementary Information SupplementaryInformationGrp

Application Submission Info ApplicationSubmissionInfoGrp (4 entries)

Address Line1RecipientUSAddress/AddressLine1Txt	CityRecipientUSAddress/CityNm	State AbbreviationRecipientUSAddress/StateAbbreviationCd	ZIPRecipientUSAddress/ZIPCd	Recipient PhoneRecipientPhoneNum	Form And Info And MaterialsFormAndInfoAndMaterialsTxt	Submission DeadlinesSubmissionDeadlinesTxt	Restrictions On AwardsRestrictionsOnAwardsTxt
KATIE CLARK SIEBEN INTERIM EXECUTIV
PO BOX 5650	MINNEAPOLIS	MN	554405632	6126555199	HTTPS://WWW.CARGILL.COM/ABOUT/COMMUNITY/CARGILL-FOUNDATION-HEADQUARTERS	SEE STATEMENT 12	SEE STATEMENT 13
KATIE CLARK SIEBEN INTERIM EXECUTIV
PO BOX 5650	MINNEAPOLIS	MN	554405632	6126555199	HTTPS://WWW.CARGILL.COM/ABOUT/COMMUNITY/CARGILL-FOUNDATION-HEADQUARTERS	SEE STATEMENT 12	SEE STATEMENT 13
KATIE CLARK SIEBEN INTERIM EXECUTIV
PO BOX 5650	MINNEAPOLIS	MN	554405632	6126555199	HTTPS://WWW.CARGILL.COM/ABOUT/COMMUNITY/CARGILL-FOUNDATION-HEADQUARTERS	SEE STATEMENT 12	SEE STATEMENT 13
KATIE CLARK SIEBEN INTERIM EXECUTIV
PO BOX 5650	MINNEAPOLIS	MN	554405632	6126555199	HTTPS://WWW.CARGILL.COM/ABOUT/COMMUNITY/CARGILL-FOUNDATION-HEADQUARTERS	SEE STATEMENT 12	SEE STATEMENT 13

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (95 entries)

Address Line1RecipientUSAddress/AddressLine1Txt	CityRecipientUSAddress/CityNm	State AbbreviationRecipientUSAddress/StateAbbreviationCd	ZIPRecipientUSAddress/ZIPCd	Recipient Foundation StatusRecipientFoundationStatusTxt	Grant Or Contribution PurposeGrantOrContributionPurposeTxt	AmtAmt
30000 FEET
1351 ARCADE ST	SAINT PAUL	MN	55106	PC	TECH GEEKS	$100,000
30000 FEET
1351 ARCADE ST	SAINT PAUL	MN	55106	PC	TECH GEEKS	$100,000
ACHIEVE TWIN CITIES
404 SOUTH 8TH STREET STE 105	MINNEAPOLIS	MN	55404	PC	STEM FOR ALL	$285,600
ACHIEVE TWIN CITIES
404 SOUTH 8TH STREET STE 105	MINNEAPOLIS	MN	55404	PC	CAREER AND COLLEGE READINESS MINNEAPOLIS (MPS) AND SAINT PAUL PUBLIC SCHOOLS (SPPS)	$708,333
ACHIEVE TWIN CITIES
404 SOUTH 8TH STREET STE 105	MINNEAPOLIS	MN	55404	PC	CAREER AND COLLEGE READINESS: INCREASING FAFSA COMPLETION, STUDENT CONFIDENCE, AND ACHIEVE CAPACITY FOR MINNEAPOLIS-SAINT PAULS FUTURE	$235,000
ACHIEVE TWIN CITIES
404 SOUTH 8TH STREET STE 105	MINNEAPOLIS	MN	55404	PC	GIFT IN HONOR OF MICHELLE GROGG	$100,000
APPETITE FOR CHANGE INC
2520 N 2ND ST 102	MINNEAPOLIS	MN	55411	PC	APPETITE FOR CHANGE - CHILDHOOD NUTRITION FROM THE GROUND UP	$250,000
ATHLETES COMMITTED TO EDUCATING STUDENTS (ACES)
1115 E HENNEPIN AVENUE	MINNEAPOLIS	MN	55414	PC	ACES STEM PROGRAMMING	$175,000
BANYAN FOUNDATION
2647 BLOOMINGTON AVE	MINNEAPOLIS	MN	55407	PC	BANYAN'S ACES (ADOLESCENT EDUCATION SUPPORT) PROGRAM	$85,000
BESTPREP
7100 NORTHLAND CIRCLE N 306F	BROOKLYN PARK	MN	55428	PC	BESTPREP'S CLASSROOM PLUS, CLOUD COACH, EMENTORS, AND MINNESOTA BUSINESS VENTURE PROGRAMS	$65,000
BIG BROTHERS BIG SISTERS OF THE GREATER TWIN CITIES
3110 WASHINGTON AVE N	MINNEAPOLIS	MN	55411	PC	BBBS BEYOND SCHOOL WALLS AND STEM EXPLORE PROGRAMS	$75,000
BLACK MEN TEACH
PO BOX 3909	SAINT PAUL	MN	55101	PC	BLACK MEN TEACH: DIVERSIFYING THE TEACHER PIPELINE	$50,000
BREAKTHROUGH TWIN CITIES
2051 LARPENTEUR AVE	SAINT PAUL	MN	55109	PC	INCREASING IMPACT AND COLLEGE ACCESS	$217,500
CENTRO TYRONE GUZMAN
1915 CHICAGO AVE	MINNEAPOLIS	MN	55404	PC	CENTRO FAMILY NUTRITION PROGRAM	$64,000
CHANGE STARTS WITH COMMUNITY
1201 WEST BROADWAY STE 2	MINNEAPOLIS	MN	55411	PC	SHILOH CARES CAPITAL IMPROVEMENT CAMPAIGN	$150,000
CHANGE STARTS WITH COMMUNITY
1201 WEST BROADWAY STE 2	MINNEAPOLIS	MN	55411	PC	SHILOH CARES FOOD SHELF	$200,000
CHARITIES REVIEW COUNCIL
2550 UNIVERSITY AVE W STE 200 N	SAINT PAUL	MN	55114	PC	GENERAL OPERATIONS & STRATEGIC INITIATIVES	$15,000
CHILDREN'S THEATRE COMPANY
2400 3RD AVE S	MINNEAPOLIS	MN	55404	PC	2024-2025 GENERAL OPERATING SUPPORT	$50,000
CODE SAVVY
PO BOX 16628	MINNEAPOLIS	MN	55416	PC	SUSTAINABLE GROWTH INITIATIVE FOR TECH DIVERSITY	$130,000
COLLEGE POSSIBLE
755 PRIOR AVE NORTH STE 210	SAINT PAUL	MN	55104	PC	COLLEGE ACCESS & SUCCESS PROGRAMMING AND FAFSA SUPPORT SERVICES	$450,000
COMUNIDADES LATINAS UNIDAS EN SERVICIO
461 MARIA AVE	SAINT PAUL	MN	55106	PC	YOUTH IN ACTION (YA!)	$60,000
DREAM OF WILD HEALTH
1508 E FRANKLIN AVE	MINNEAPOLIS	MN	55404	PC	NATIVE YOUTH EDUCATION & LEADERSHIP	$87,500
DREAM OF WILD HEALTH
1508 E FRANKLIN AVE	MINNEAPOLIS	MN	55404	PC	PARTICIPATION RECOGNITION CARGILL FOUNDATION CHILDHOOD NUTRITION EVENT	$5,000
FAMILY PATHWAYS
6413 OAK STREET	NORTH BRANCH	MN	55056	PC	CARGILL CARES ALUMNI AWARD RECIPIENT GIFT (CEAL REGNIER)	$500
FRIENDS OF THE MISSISSIPPI RIVER
106 WATER ST W	SAINT PAUL	MN	55107	PC	STEM RIVER STEWARDS (SRS)	$75,000
GENESYS WORKS
445 MINNESOTA ST	SAINT PAUL	MN	55101	PC	GENESYS WORKS TWIN CITIES COLLEGE AND CAREER CONNECTIONS	$60,000
GREATER TWIN CITIES UNITED WAY
404 8TH ST S	MINNEAPOLIS	MN	55404	PC	A SYSTEMS CHANGE HUB FOR RACIAL EQUITY IN POSTSECONDARY ATTAINMENT ACROSS THE TWIN CITIES	$100,000
GREENLIGHT FUND INC
404 SOUTH 8TH STREET	MINNEAPOLIS	MN	55404	PC	GREENLIGHT FUND TWIN CITIES	$50,000
GUTHRIE THEATER FOUNDATION
818 SOUTH 2ND ST	MINNEAPOLIS	MN	55415	PC	THE GUTHRIE THEATERS ARTISTIC, EDUCATION, AND COMMUNITY ENGAGEMENT PROGRAMMING	$40,000
HANDS ON ATLANTA INC
970 JEFFERSON ST NW	ATLANTA	GA	30318	PC	ONSITE VOLUNTEER PROJECT (MLK DAY MEALS4KIDS PACK), INVOICE 112124	$22,600
HANDSON TWIN CITIES
672 TRANSFER RD	SAINT PAUL	MN	55114	PC	GROUP PROJECT IN A BOX, INVOICE 1184	$5,500
HANDSON TWIN CITIES
672 TRANSFER RD	SAINT PAUL	MN	55114	PC	ONSITE VOLUNTEER PROJECT (SNACK PACKS & WARM WINTER BUNDLES), INVOICE 1171	$22,000
HANDSON TWIN CITIES
672 TRANSFER RD	SAINT PAUL	MN	55114	PC	ONSITE VOLUNTEER PROJECT (FOOD SAFETY KITS), INVOICE 1338	$22,000
HIAWATHA ACADEMIES
3500 28TH ST E	MINNEAPOLIS	MN	55406	PC	HIAWATHA THROUGH COLLEGE	$175,000
HUNGER IMPACT PARTNERS
117 PORTLAND AVE	MINNEAPOLIS	MN	55401	PC	HEALTHY MEALS FOR CHILDREN	$75,000
JUNIOR ACHIEVEMENT NORTH
1745 UNIVERSITY AVE W	SAINT PAUL	MN	55104	PC	JUNIOR ACHIEVEMENT NORTH: K-12 TWIN CITIES METRO PROGRAMMING AND LEARNING LAB SPONSORSHIP FY24-FY26	$125,000
JUNIOR ACHIEVEMENT NORTH
1745 UNIVERSITY AVE W	SAINT PAUL	MN	55104	PC	JUNIOR ACHIEVEMENT NORTH: 3DE BY JUNIOR ACHIEVEMENT	$150,000
KIPP MINNESOTA
5034 OLIVER AVE N	MINNEAPOLIS	MN	55430	PC	RETHINKING AND RESHAPING COLLEGE AND CAREER READINESS: WHAT COMES BEFORE	$60,000
METROPOLITAN ECONOMIC DEVELOPMENT ASSOCIATION
1256 PENN AVE N STE 4800	MINNEAPOLIS	MN	55411	PC	EXPANDING MARKET ACCESS FOR BIPOC ENTREPRENEURS THROUGH BUSINESS ADVISING	$50,000
MIGIZI COMMUNICATIONS INC
1845 LAKE ST E	MINNEAPOLIS	MN	55407	PC	MIGIZIS GREEN TECH INSTITUTE	$100,000
MINNEAPOLIS SOCIETY OF FINE ARTS
2400 3RD AVE S	MINNEAPOLIS	MN	55404	PC	GENERAL OPERATING SUPPORT FOR ACCESSIBLE PROGRAMS	$50,000
MINNESOTA CHILDREN'S MUSEUM
10 7TH ST W	SAINT PAUL	MN	55102	PC	PLAY FOR ALL ACCESS PROGRAM SUPPORT	$20,000
MINNESOTA COUNCIL OF NONPROFITS
2314 UNIVERSITY AVE W 20	SAINT PAUL	MN	55114	PC	GENERAL OPERATIONS FY25	$15,000
MINNESOTA COUNCIL ON FOUNDATIONS
2550 UNIVERSITY AVE W STE 200N	SAINT PAUL	MN	55114	PC	2024 ANNUAL MCF MEMBERSHIP	$20,000
MINNESOTA COUNCIL ON FOUNDATIONS
2550 UNIVERSITY AVE W STE 200N	SAINT PAUL	MN	55114	PC	IMPALA FOR MINNESOTA	$75,000
MINNESOTA HISTORICAL SOCIETY
345 W KELLOGG BLVD	SAINT PAUL	MN	55102	PC	GENERAL OPERATING SUPPORT	$20,000
MINNESOTA LANDSCAPE ARBORETUM FOUNDATION
3675 ARBORETUM DR	CHASKA	MN	55318	PC	GROWING GOOD URBAN OUTREACH PROGRAM	$75,000
MINNESOTA PUBLIC RADIO
480 CEDAR STREET	SAINT PAUL	MN	55101	PC	MPR - ARTS/CIVIC OPERATING GRANT	$55,000
MINNESOTA STATE HORTICULTURAL SOCIETY
1935 COUNTY ROAD B2 W	ROSEVILLE	MN	55113	PC	GARDEN-IN-A-BOX	$65,000
MINNESOTA ZOO FOUNDATION
13000 ZOO BOULEVARD	APPLE VALLEY	MN	55124	PC	MINNESOTA ZOO FUND	$45,000
NORTHSIDE ACHIEVEMENT ZONE
1964 N 2ND ST	MINNEAPOLIS	MN	55411	PC	FAMILY ACHIEVEMENT COACHING, FAMILY ACADEMY, AND HIGH SCHOOL TO COLLEGE SUCCESS PROGRAM	$250,000
PENUMBRA THEATRE COMPANY INC
270 NORTH KENT ST	SAINT PAUL	MN	55102	PC	PENUMBRA CENTER FOR RACIAL HEALING	$25,000
PILLSBURY UNITED COMMUNITIES
2323 11TH AVE S	MINNEAPOLIS	MN	55404	PC	PILLSBURY UNITED HEALTHY FOOD ACCESS PROGRAM AND CEO TRANSITION FUND	$300,000
PILLSBURY UNITED COMMUNITIES
2323 11TH AVE S	MINNEAPOLIS	MN	55404	PC	PILLSBURY CREATIVE COMMONS	$100,000
PRISM
1220 ZANE AVE N	GOLDEN VALLEY	MN	55422	PC	CARGILL CARES ALUMNI AWARD RECIPIENT GIFT (COLLEEN PORTER)	$500
PROJECT SCIENTIST
548 MARKET ST PMB 83994	SAN FRANCISCO	CA	94104	PC	TEACHING INSTITUTE	$50,000
PROJECT SUCCESS-STUDENTS UNDERTAKING CREATIVE CONTROL
1 GROVELAND TERRACE	MINNEAPOLIS	MN	55403	PC	CONNECTING HIGH SCHOOL STUDENTS WITH THEIR PURPOSE	$175,000
PROVIDERS CHOICE INC
PO BOX 390813	MINNEAPOLIS	MN	55439	PC	GROWING HEALTHY COMMUNITIES: BUILDING NUTRITION KNOWLEDGE FOR SUCCESS IN THE CHILD AND ADULT CARE FOOD PROGRAM (CACFP)	$100,000
RENEWING THE COUNTRYSIDE II
312 CENTER ST E	HAMMOND	MN	55991	PC	HAPPY KIDS WHOLE VEGGIES: COMMUNITY-BASED SYSTEMS CHANGE FOR OUR YOUNGEST EATERS	$75,000
SAINT PAUL & MINNESOTA FOUNDATION
370 WABASHA ST N	SAINT PAUL	MN	55102	PC	COLLEGEBOUND SAINT PAUL	$150,000
SAINT PAUL PUBLIC SCHOOLS
360 COLBRONE STREET	SAINT PAUL	MN	55102	PC	GROW OUR OWN	$100,000
SCIENCE FROM SCIENTISTS INC
9001 E BLOOMINGTON FRWY STE 139	BLOOMINGTON	MN	55420	PC	SCIENCE FROM SCIENTISTS DURING-SCHOOL STEM ENRICHMENT PROGRAM IN TWIN CITIES METRO SCHOOLS 2022-2025	$120,000
SCIENCE MUSEUM OF MINNESOTA
120 KELLOGG BLVD W	SAINT PAUL	MN	55102	PC	STEM ACCESS AND EQUITY	$45,000
SECOND HARVEST HEARTLAND
PO BOX 64051	SAINT PAUL	MN	55164	PC	CHILD HUNGER INITIATIVE AND KITCHEN COALITION	$500,000
SECOND HARVEST HEARTLAND
PO BOX 64051	SAINT PAUL	MN	55164	PC	MOONSHOT CAMPAIGN	$1,500,000
SERVEMINNESOTA
120 S SIXTH ST STE 2260	MINNEAPOLIS	MN	55402	PC	EQUITABLY EXPANDING 4-8 MATH CORPS WITH PARTICIPATORY COMMUNITY RESEARCH	$300,606
SMART NORTH
310 EAST 38TH ST STE 311	MINNEAPOLIS	MN	55409	PC	MINNEAPOLIS COMMUNITY TECH HUB	$125,000
ST DAVID'S CENTER FOR CHILD AND FAMILY DEVELOPMENT
3395 PLYMOUTH RD	MINNEAPOLIS	MN	55305	PC	EARLY CHILDHOOD NUTRITION PROGRAM	$125,000
ST DAVID'S CENTER FOR CHILD AND FAMILY DEVELOPMENT
3395 PLYMOUTH RD	MINNEAPOLIS	MN	55305	PC	TWIN CITIES EARLY INTERVENTION EXPANSION	$250,000
SUMMIT ACADEMY OIC
935 OLSON MEMORIAL HWY	MINNEAPOLIS	MN	55405	PC	SUMMIT NSSTEM'S MOBILE INNOVATION LAB AND TECHCONNECTS! PROGRAM EXPANSIONS	$100,000
TEACH FOR AMERICA
2429 NICOLLET AVE	MINNEAPOLIS	MN	55404	PC	TFA TWIN CITIES & THE CARGILL FOUNDATION: EQUITABLE ACCESS TO STEM	$200,000
THE AFRICAN AMERICAN LEADERSHIP FORUM
1625 HENNEPIN AVE STE 200	MINNEAPOLIS	MN	55403	PC	THE BLACK AGENDA FOR CHANGE	$250,000
THE AFRICAN AMERICAN LEADERSHIP FORUM
1625 HENNEPIN AVE STE 200	MINNEAPOLIS	MN	55403	PC	FORUMAI	$277,361
THE CONSTELLATION FUND
323 N WASHINGTON AVE STE 200	MINNEAPOLIS	MN	55401	PC	THE CONSTELLATION FUND - GENERAL OPERATING SUPPORT	$200,000
THE FOOD GROUP MINNESOTA INC
8501 54TH AVE N	MINNEAPOLIS	MN	55428	PC	GENERAL OPERATIONS	$225,000
THE FOOD GROUP MINNESOTA INC
8501 54TH AVE N	MINNEAPOLIS	MN	55428	PC	PARTICIPATION RECOGNITION CARGILL FOUNDATION CHILDHOOD NUTRITION EVENT	$5,000
THE GOOD ACRE
1790 LARPENTEUR AVE W	FALCON HEIGHTS	MN	55113	PC	FURTHERING FOOD ACCESS	$25,000
THE GOOD ACRE
1790 LARPENTEUR AVE W	FALCON HEIGHTS	MN	55113	PC	FOOD ACCESS FOR COLLECTIVE IMPACT	$200,000
THE GOOD ACRE
1790 LARPENTEUR AVE W	FALCON HEIGHTS	MN	55113	PC	PARTICIPATION RECOGNITION CARGILL FOUNDATION CHILDHOOD NUTRITION EVENT	$5,000
TWIN CITIES PUBLIC TELEVISION INC
172 EAST 4TH STREET	SAINT PAUL	MN	55101	PC	OPERATING SUPPORT FOR TPTS COMPREHENSIVE SERVICES IN FY24	$75,000
TWIN CITIES PUBLIC TELEVISION INC
172 EAST 4TH STREET	SAINT PAUL	MN	55101	PC	TPT STEM ACADEMIES 2024-2025	$112,500
UNIVERSITY OF MINNESOTA FOUNDATION
200 OAK STREET SE STE 500	MINNEAPOLIS	MN	55455	PC	BELL MUSEUM HANDS-ON STEM LEARNING IN THE COMMUNITY	$125,000
URBAN ROOTS MN
1110 PAYNE AVE	SAINT PAUL	MN	55130	PC	URBAN ROOTS PROVIDING ACCESS TO FRESH, HEALTHY FOOD AND NUTRITION EDUCATION FOR CHILDREN, YOUTH, AND FAMILIES ON THE EAST SIDE OF ST. PAUL	$125,000
URBAN ROOTS MN
1110 PAYNE AVE	SAINT PAUL	MN	55130	PC	PARTICIPATION RECOGNITION CARGILL FOUNDATION CHILDHOOD NUTRITION EVENT	$5,000
URBAN STRATEGIES INC
100 N BROADWAY STE 1110	ST LOUIS	MO	63102	PC	GREEN GARDEN BAKERY	$50,000
URBAN VENTURES LEADERSHIP FOUNDATION
2924 4TH AVE S	MINNEAPOLIS	MN	55408	PC	URBAN VENTURES FARM & NUTRITION	$200,000
WALKER ART CENTER
725 VINELAND PL	MINNEAPOLIS	MN	55403	PC	GENERAL OPERATING SUPPORT	$35,000
WOMEN'S FOUNDATION OF MINNESOTA
105 5TH AVE S	MINNEAPOLIS	MN	55401	PC	GIRLSBEST (GIRLS BUILDING ECONOMIC SUCCESS TOGETHER)	$100,000
YOUNG MEN'S CHRISTIAN ASSOCIATION OF THE NORTH
PO BOX 1450	MINNEAPOLIS	MN	55485	PC	MEZILE YMCA CHILDHOOD NUTRITION PROGRAM	$211,000
YOUTH FARM AND MARKET PROJECT
3645 CHICAGO AVE S BAHAI FARM	MINNEAPOLIS	MN	55407	PC	COMMUNITY NETWORKS SUPPORTING YOUTH NUTRITION	$85,000
YOUTHPRISE
3001 BROADWAY ST NE STE 330	MINNEAPOLIS	MN	55413	PC	NUTRITION PROGRAM	$187,500
YOUTHPRISE
3001 BROADWAY ST NE STE 330	MINNEAPOLIS	MN	55413	PC	PARTICIPATION RECOGNITION CARGILL FOUNDATION CHILDHOOD NUTRITION EVENT	$5,000
YOUTHPRISE
3001 BROADWAY ST NE STE 330	MINNEAPOLIS	MN	55413	PC	YOUTHPRISE COOPERATIVE HOUSING & COMMUNITY CENTER (YCHCC)	$500,000
YWCA OF MINNEAPOLIS
2121 EAST LAKE STREET	MINNEAPOLIS	MN	55407	PC	GIRLS INC. EUREKA! AT YWCA MINNEAPOLIS	$50,000
YWCA OF MINNEAPOLIS
2121 EAST LAKE STREET	MINNEAPOLIS	MN	55407	PC	YWCA MINNEAPOLIS EARLY CHILDHOOD EDUCATION (ECE) NUTRITION PROGRAM 2024	$125,000

Field	Value	IRS element (for citing)
Total Grant Or Contri Pd Dur Yr	$13,000,000	TotalGrantOrContriPdDurYrAmt

Grant Or Contri Apprv For Fut GrantOrContriApprvForFutGrp (36 entries)

Address Line1RecipientUSAddress/AddressLine1Txt	CityRecipientUSAddress/CityNm	State AbbreviationRecipientUSAddress/StateAbbreviationCd	ZIPRecipientUSAddress/ZIPCd	Recipient Foundation StatusRecipientFoundationStatusTxt	Grant Or Contribution PurposeGrantOrContributionPurposeTxt	AmtAmt
30000 FEET
1351 ARCADE ST	SAINT PAUL	MN	55106	PC	TECH GEEKS	$100,000
ACHIEVE TWIN CITIES
404 SOUTH 8TH STREET STE 105	MINNEAPOLIS	MN	55404	PC	CAREER AND COLLEGE READINESS	$262,236
ACHIEVE TWIN CITIES
404 SOUTH 8TH STREET STE 105	MINNEAPOLIS	MN	55404	PC	CAREER AND COLLEGE READINESS	$279,200
ACHIEVE TWIN CITIES
404 SOUTH 8TH STREET STE 105	MINNEAPOLIS	MN	55404	PC	CAREER AND COLLEGE READINESS	$708,334
BANYAN FOUNDATION
2647 BLOOMINGTON AVE	MINNEAPOLIS	MN	55407	PC	BANYAN'S ACES (ADOLESCENT EDUCATION SUPPORT) PROGRAM	$85,000
BESTPREP
7100 NORTHLAND CIRCLE N 306F	BROOKLYN PARK	MN	55428	PC	BESTPREP'S CLASSROOM PLUS, CLOUD COACH, EMENTORS, AND MINNESOTA BUSINESS VENTURE PROGRAMS	$65,000
BIG BROTHERS BIG SISTERS OF THE GREATER TWIN CITIES
3110 WASHINGTON AVE N	MINNEAPOLIS	MN	55411	PC	BBBS BEYOND SCHOOL WALLS AND STEM EXPLORE PROGRAMS	$75,000
BLACK MEN TEACH
PO BOX 3909	SAINT PAUL	MN	55101	PC	BLACK MEN TEACH: DIVERSIFYING THE TEACHER PIPELINE	$50,000
CODE SAVVY
PO BOX 16628	MINNEAPOLIS	MN	55416	PC	SUSTAINABLE GROWTH INITIATIVE FOR TECH DIVERSITY	$130,000
CENTRO TYRONE GUZMAN
1915 CHICAGO AVE	MINNEAPOLIS	MN	55404	PC	CENTRO FAMILY NUTRITION PROGRAM	$64,000
CHANGE STARTS WITH COMMUNITY
1201 WEST BROADWAY STE 2	MINNEAPOLIS	MN	55411	PC	SHILOH CARES CAPITAL IMPROVEMENT CAMPAIGN	$200,000
COLLEGE POSSIBLE
755 PRIOR AVE NORTH STE 210	SAINT PAUL	MN	55104	PC	COLLEGE ACCESS & SUCCESS PROGRAMMING AND FAFSA SUPPORT SERVICES	$225,000
COMUNIDADES LATINAS UNIDAS EN SERVICIO
461 MARIA AVE	SAINT PAUL	MN	55106	PC	YOUTH IN ACTION (YA!)	$60,000
DREAM OF WILD HEALTH
1508 E FRANKLIN AVE	MINNEAPOLIS	MN	55404	PC	NATIVE YOUTH EDUCATION & LEADERSHIP	$87,500
JUNIOR ACHIEVEMENT NORTH
1745 UNIVERSITY AVE W	SAINT PAUL	MN	55104	PC	JUNIOR ACHIEVEMENT NORTH: K-12 TWIN CITIES METRO PROGRAMMING AND LEARNING LAB SPONSORSHIP FY24-FY26	$100,000
JUNIOR ACHIEVEMENT NORTH
1745 UNIVERSITY AVE W	SAINT PAUL	MN	55104	PC	JUNIOR ACHIEVEMENT NORTH: K-12 TWIN CITIES METRO PROGRAMMING AND LEARNING LAB SPONSORSHIP FY24-FY26	$150,000
MIGIZI COMMUNICATIONS INC
1845 LAKE ST E	MINNEAPOLIS	MN	55407	PC	MIGIZIS GREEN TECH INSTITUTE	$100,000
PILLSBURY UNITED COMMUNITIES
2323 11TH AVE S	MINNEAPOLIS	MN	55404	PC	PILLSBURY CREATIVE COMMONS	$300,000
PROJECT SCIENTIST
548 MARKET ST PMB 83994	SAN FRANCISCO	CA	94104	PC	TEACHING INSTITUTE	$50,000
RENEWING THE COUNTRYSIDE II
312 CENTER ST E	HAMMOND	MN	55991	PC	HAPPY KIDS WHOLE VEGGIES: COMMUNITY-BASED SYSTEMS CHANGE FOR OUR YOUNGEST EATERS	$75,000
SECOND HARVEST HEARTLAND
PO BOX 64051	SAINT PAUL	MN	55164	PC	CHILD HUNGER INITIATIVE AND KITCHEN COALITION	$5,750,000
SECOND HARVEST HEARTLAND
PO BOX 64051	SAINT PAUL	MN	55164	PC	CHILD HUNGER INITIATIVE AND KITCHEN COALITION	$5,750,000
SECOND HARVEST HEARTLAND
PO BOX 64051	SAINT PAUL	MN	55164	PC	CHILD HUNGER INITIATIVE AND KITCHEN COALITION	$250,000
SECOND HARVEST HEARTLAND
PO BOX 64051	SAINT PAUL	MN	55164	PC	CHILD HUNGER INITIATIVE AND KITCHEN COALITION	$5,750,000
SAINT PAUL PUBLIC SCHOOLS
360 COLBRONE STREET	SAINT PAUL	MN	55102	PC	GROW OUR OWN	$100,000
SMART NORTH
310 EAST 38TH ST STE 311	MINNEAPOLIS	MN	55409	PC	MINNEAPOLIS COMMUNITY TECH HUB	$125,000
ST DAVID'S CENTER FOR CHILD AND FAMILY DEVELOPMENT
3395 PLYMOUTH RD	MINNEAPOLIS	MN	55305	PC	EARLY CHILDHOOD NUTRITION PROGRAM	$250,000
THE CONSTELLATION FUND
323 N WASHINGTON AVE STE 200	MINNEAPOLIS	MN	55401	PC	THE CONSTELLATION FUND - GENERAL OPERATING SUPPORT	$200,000
THE FOOD GROUP MINNESOTA INC
8501 54TH AVE N	MINNEAPOLIS	MN	55428	PC	PARTICIPATION RECOGNITION CARGILL FOUNDATION CHILDHOOD NUTRITION EVENT	$225,000
THE GOOD ACRE
1790 LARPENTEUR AVE W	FALCON HEIGHTS	MN	55113	PC	FURTHERING FOOD ACCESS	$200,000
URBAN ROOTS MN
1110 PAYNE AVE	SAINT PAUL	MN	55130	PC	URBAN ROOTS PROVIDING ACCESS TO FRESH, HEALTHY FOOD AND NUTRITION EDUCATION FOR CHILDREN, YOUTH, AND FAMILIES ON THE EAST SIDE OF ST. PAUL	$125,000
YWCA OF MINNEAPOLIS
2121 EAST LAKE STREET	MINNEAPOLIS	MN	55407	PC	GIRLS INC. EUREKA! AT YWCA MINNEAPOLIS	$125,000
YWCA OF MINNEAPOLIS
2121 EAST LAKE STREET	MINNEAPOLIS	MN	55407	PC	GIRLS INC. EUREKA! AT YWCA MINNEAPOLIS	$50,000
YOUNG MEN'S CHRISTIAN ASSOCIATION OF THE NORTH
PO BOX 1450	MINNEAPOLIS	MN	55485	PC	MEZILE YMCA CHILDHOOD NUTRITION PROGRAM	$211,000
YOUTH FARM AND MARKET PROJECT
3645 CHICAGO AVE S BAHAI FARM	MINNEAPOLIS	MN	55407	PC	COMMUNITY NETWORKS SUPPORTING YOUTH NUTRITION	$85,000
YOUTHPRISE
3001 BROADWAY ST NE STE 330	MINNEAPOLIS	MN	55413	PC	NUTRITION PROGRAM	$187,500

Field	Value	IRS element (for citing)
Total Grant Or Contri Apprv Fut	$22,549,770	TotalGrantOrContriApprvFutAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$463,176	ExclusionAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

Field	Value	IRS element (for citing)
Business	901101	BusinessCd
Unrelated Business Taxbl Incm	$1,330	UnrelatedBusinessTaxblIncmAmt
Exclusion	14	ExclusionCd
Exclusion	$4,780,385	ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

Field	Value	IRS element (for citing)
Exclusion	18	ExclusionCd
Exclusion	-$4,665,313	ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Field	Value	IRS element (for citing)
Unrelated Business Taxbl Incm	$1,330	UnrelatedBusinessTaxblIncmAmt
Exclusion	$578,248	ExclusionAmt
Related Or Exempt Function Incm	$0	RelatedOrExemptFunctionIncmAmt

Field	Value	IRS element (for citing)
Total Income Producing Acty	$579,578	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

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

Field	Value	IRS element (for citing)
Category	AUDIT FEES	CategoryTxt
Amt	$90,438	Amt
Net Investment Income	$62,905	NetInvestmentIncomeAmt
Adjusted Net Income	$0	AdjustedNetIncomeAmt
Disbursements Charitable Prps	$0	DisbursementsCharitablePrpsAmt

General Explanation Attachment GeneralExplanationAttachment

General Explanation GeneralExplanationGrp (3 entries)

IdentifierIdentifierTxt	Form And Line ReferenceFormAndLineReferenceDesc	Medium ExplanationMediumExplanationTxt
EXPLANATION	FORM 990-PF, PART XV, LINE 2C	THE CARGILL FOUNDATION HAS KEY DATES FOR GRANT APPLICATIONS IN 2025 FOR THE DIFFERENT TYPE OF GRANTS AS FOLLOWS:FOR THE EDUCATION GRANT TYPE APPLICATIONS ARE SENT TO NONPROFITS (BY INVITATION ONLY) ON JULY 14TH. APPLICATIONS ARE DUE ON AUGUST 1ST AND THE GRANTS ARE AWARDED ON MID SEPTEMBER.FOR THE CHILDHOOD NUTRITION GRANT TYPE APPLICATIONS ARE SENT TO NONPROFITS (BY INVITATION ONLY) ON APRIL 21, APPLICATIONS ARE DUE ON MAY 9TH AND THE GRANTS ARE AWARDED IN LATE JUNE.THE EQUITABLE OUTCOMES GRANTS GRANT TYPE ARE BY INVITATION ONLY AND DO NOT HAVE KEY DATES ASSOCIATED WITH THEM.HTTPS://WWW.CARGILL.COM/ABOUT/COMMUNITY/CARGILL-FOUNDATION-HEADQUARTERS
EXPLANATION	FORM 990-PF	THE CARGILL FOUNDATION PROVIDES SUPPORT TO SELECT NONPROFIT ORGANIZATIONS IN OUR HEADQUARTERS COMMUNITY OF MINNEAPOLIS SAINT PAUL, MN TO MINIMIZE THE OPPORTUNITY GAP FOR OUR LOW-INCOME CHILDREN. WE ARE PART OF AN ECOSYSTEM OF PASSIONATE CHANGE-MAKERS, ADVOCATES, BUSINESSES AND MORE WORKING TO MAKE A DIFFERENCE IN OUR COMMUNITY. WE BELIEVE ALL CHILDREN MUST HAVE NUTRITIOUS FOOD TO FUEL GROWTH AND LEARNING. WE BELIEVE IN EQUITABLE ACCESS TO STEM EDUCATION AS A PATHWAY TO PROSPEROUS CAREERS. WE BELIEVE IN PREPARING AND INSPIRING CHILDRENFOR POST-SECONDARY EDUCATION, CAREERS AND BEYOND. ORGANIZATIONS MUST:BE A REGISTERED NONPROFIT AND HAVE A CURRENT 501(C)(3) PUBLIC CHARITY STATUS FROM THE INTERNAL REVENUE SERVICE (IRS), OR BE A SCHOOL OR A UNIT OF GOVERNMENT.ALIGN WITH CARGILL'S PRINCIPLES AROUND INCLUSION AND DIVERSITY AS EMBODIED IN OUR GUIDING PRINCIPLES AND CODE OF CONDUCT.SERVE THE GEOGRAPHIC AREA IN THE MINNEAPOLIS AND SAINT PAUL TWIN CITIES REGION.SUPPORT PROGRAMMING AND/OR INITIATIVES SPECIFIC TO EDUCATION (STEM AND COLLEGE & CAREER READINESS) AND CHILDHOOD NUTRITION PRIMARILY SERVING LOW-INCOME YOUTH IN GRADES K - 12.
EXPLANATION	FORM 990-PF, PART VI-A, LINE 11 - SCHEDULE OF CONTROLLED ENTITIES	THE CARGILL FOUNDATION OWNS A CONTROLLED ENTITY WITH THE NAME OF EMERGING MARKETS EQUITY FOCUS PORTFOLIO. THE FUND IS LOCATED AT 60 STATE STREET BOSTON, MA 02109 WITH THE EIN OF 88-0618036.

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (452 entries)

StockStockNm	EOY Book ValueEOYBookValueAmt	EOYFMVEOYFMVAmt
3I GROUP PLC	$16,917	$16,917
3M CO	$36,791	$36,791
ABBVIE INC	$158,331	$158,331
ACADIAN INTERNATIONAL SMALL	$6,692,790	$6,692,790
ACCENTURE PLC	$751,423	$751,423
ACCIONA SA	$16,659	$16,659
ADIDAS AG	$33,348	$33,348
ADOBE INC	$494,484	$494,484
ADVANCED MICRO DEVICES INC	$154,007	$154,007
ADYEN NV	$17,856	$17,856
AECOM	$386,367	$386,367
AEROPORTS DE PARIS SA	$22,670	$22,670
AFFIRM HOLDINGS INC	$23,568	$23,568
AFLAC INC	$455,652	$455,652
AGCO CORP	$21,594	$21,594
AGILENT TECHNOLOGIES INC	$56,423	$56,423
AIA GROUP LTD	$412,425	$412,425
AIRBNB INC	$77,006	$77,006
AKER BP ASA	$15,187	$15,187
ALBEMARLE CORP	$56,210	$56,210
ALCON AG	$373,797	$373,797
ALIBABA GROUP HOLDING LTD	$463,174	$463,174
ALLIANZ SE	$156,879	$156,879
ALLSTATE CORP/THE	$59,187	$59,187
ALPHABET INC	$2,286,932	$2,286,932
ALTRIA GROUP INC	$345,794	$345,794
AMADEUS IT GROUP SA	$53,178	$53,178
AMAZON.COM INC	$1,166,058	$1,166,058
AMERICAN EXPRESS CO	$1,091,594	$1,091,594
AMERIPRISE FINANCIAL INC	$122,991	$122,991
AMGEN INC	$45,091	$45,091
AMPOL LTD	$56,166	$56,166
ANNALY CAPITAL MANAGEMENT INC	$37,039	$37,039
ANSYS INC	$68,815	$68,815
AON PLC	$273,680	$273,680
APOLLO GLOBAL MANAGEMENT INC	$48,062	$48,062
APPLE INC	$2,311,376	$2,311,376
APPLIED MATERIALS INC	$60,824	$60,824
APTARGROUP INC	$38,332	$38,332
APTIV PLC	$284,255	$284,255
ARISTA NETWORKS INC	$378,013	$378,013
ARISTOCRAT LEISURE LTD	$80,375	$80,375
ASML HOLDING NV	$413,547	$413,547
ASSURED GUARANTY LTD	$116,113	$116,113
ASTRAZENECA PLC	$86,617	$86,617
ASX LTD	$38,642	$38,642
ATLAS COPCO AB	$75,308	$75,308
ATLASSIAN CORP	$7,301	$7,301
AUTOMATIC DATA PROCESSING INC	$114,165	$114,165
AUTOZONE INC	$51,232	$51,232
AVANTOR INC	$19,047	$19,047
AVNET INC	$108,198	$108,198
BAE SYSTEMS PLC	$410,082	$410,082
BAKER HUGHES CO	$146,564	$146,564
BALL CORP	$30,873	$30,873
BANK MANDIRI PERSERO TBK PT	$25,725	$25,725
BANK OF AMERICA CORP	$217,728	$217,728
BANK OF MONTREAL	$49,204	$49,204
BANK OF NEW YORK MELLON CORP/T	$1,165,050	$1,165,050
BANK OF NOVA SCOTIA/THE	$31,158	$31,158
BARRATT REDROW PLC	$17,070	$17,070
BAYERISCHE MOTOREN WERKE AG	$45,390	$45,390
BECTON DICKINSON & CO	$387,267	$387,267
BENTLEY SYSTEMS INC	$192,824	$192,824
BERKSHIRE HATHAWAY INC	$791,427	$791,427
BEST BUY CO INC	$31,918	$31,918
BNP PARIBAS SA	$70,153	$70,153
BOEING CO/THE	$126,555	$126,555
BOLIDEN AB	$52,269	$52,269
BOLLORE SE	$44,003	$44,003
BOOKING HOLDINGS INC	$154,021	$154,021
BOSTON SCIENTIFIC CORP	$147,378	$147,378
BOSTON TR WALDEN SM CAP	$8,214,857	$8,214,857
BP PLC	$131,394	$131,394
BRAMBLES LTD	$19,632	$19,632
BRISTOL-MYERS SQUIBB CO	$90,213	$90,213
BRITISH AMERICAN TOBACCO PLC	$31,707	$31,707
BROADCOM INC	$931,533	$931,533
BROADRIDGE FINANCIAL SOLUTIONS	$61,723	$61,723
BROOKFIELD RENEWABLE CORP	$19,251	$19,251
BRUKER CORP	$148,250	$148,250
CADENCE DESIGN SYSTEMS INC	$563,363	$563,363
CAMDEN PROPERTY TRUST	$49,665	$49,665
CAMECO CORP	$357,366	$357,366
CARDINAL HEALTH INC	$129,033	$129,033
CARLISLE COS INC	$12,909	$12,909
CATERPILLAR INC	$92,867	$92,867
CATHAY GENERAL BANCORP	$216,483	$216,483
CBOE GLOBAL MARKETS INC	$120,562	$120,562
CBRE GROUP INC	$73,260	$73,260
CELLNEX TELECOM SA	$16,681	$16,681
CHAMPIONX CORP	$17,238	$17,238
CHARLES SCHWAB CORP/THE	$960,946	$960,946
CHEVRON CORP	$174,967	$174,967
CHUGAI PHARMACEUTICAL CO LTD	$31,174	$31,174
CIA DE SANEAMENTO BASICO DO ES	$235,915	$235,915
CIE FINANCIERE RICHEMONT SA	$450,866	$450,866
CIGNA GROUP/THE	$50,257	$50,257
CITIGROUP INC	$553,829	$553,829
CITY DEVELOPMENTS LTD	$12,736	$12,736
CLOROX CO/THE	$62,853	$62,853
COCA-COLA CO/THE	$278,987	$278,987
COCA-COLA EUROPACIFIC PARTNERS	$2,227	$2,227
COCHLEAR LTD	$65,689	$65,689
COGNIZANT TECHNOLOGY SOLUTIONS	$147,494	$147,494
COHERENT CORP	$39,123	$39,123
COLGATE-PALMOLIVE CO	$21,000	$21,000
COMCAST CORP	$132,931	$132,931
COMMONWEALTH BANK OF AUSTRALIA	$191,952	$191,952
COMPASS GROUP PLC	$999,300	$999,300
COMPUTERSHARE LTD	$63,187	$63,187
CONOCOPHILLIPS	$66,047	$66,047
CORTEVA INC	$33,549	$33,549
COSTAR GROUP INC	$28,564	$28,564
COSTCO WHOLESALE CORP	$29,321	$29,321
CROWN CASTLE INC	$159,284	$159,284
CSL LTD	$96,933	$96,933
CTF EMERGING LCL DBT	$4,499,345	$4,499,345
CVS HEALTH CORP	$17,193	$17,193
CYBERARK SOFTWARE LTD	$24,320	$24,320
DAIFUKU CO LTD	$25,197	$25,197
DAIICHI SANKYO CO LTD	$37,689	$37,689
DAIKIN INDUSTRIES LTD	$59,366	$59,366
DAIMLER TRUCK HOLDING AG	$206,207	$206,207
DAIWA HOUSE INDUSTRY CO LTD	$157,369	$157,369
DANAHER CORP	$131,532	$131,532
DANONE SA	$888,616	$888,616
DECKERS OUTDOOR CORP	$141,351	$141,351
DELIVERY HERO SE	$11,991	$11,991
DEUTSCHE BANK AG	$34,496	$34,496
DEUTSCHE TELEKOM AG	$105,183	$105,183
DIAGEO PLC	$339,156	$339,156
DIAMONDBACK ENERGY INC	$80,932	$80,932
DNB BANK ASA	$62,412	$62,412
DODGE & COX GLOBAL STOCK-I	$120,027	$120,027
DOLLAR TREE INC	$24,655	$24,655
DOORDASH INC	$143,259	$143,259
DSV A/S	$55,202	$55,202
EATON CORP PLC	$188,170	$188,170
EBAY INC	$82,332	$82,332
ECOLAB INC	$62,563	$62,563
EDISON INTERNATIONAL	$222,115	$222,115
EDP RENOVAVEIS SA	$100,731	$100,731
ELANCO ANIMAL HEALTH INC	$27,889	$27,889
ELECTRONIC ARTS INC	$176,292	$176,292
ELEVANCE HEALTH INC	$748,498	$748,498
ELI LILLY & CO	$534,224	$534,224
EMERGING MARKETS EQUITY FOCUS	$12,837,078	$12,837,078
EOG RESOURCES INC	$19,368	$19,368
EQUINOR ASA	$80,120	$80,120
ESSILORLUXOTTICA SA	$56,844	$56,844
ESTEE LAUDER COS INC/THE	$24,743	$24,743
EVERSOURCE ENERGY	$97,976	$97,976
EXLSERVICE HOLDINGS INC	$101,320	$101,320
EXPEDIA GROUP INC	$60,371	$60,371
EXPERIAN PLC	$276,992	$276,992
FAIR ISAAC CORP	$342,440	$342,440
FANUC CORP	$26,565	$26,565
FAST RETAILING CO LTD	$86,297	$86,297
FISERV INC	$577,230	$577,230
FLEX LTD	$546,712	$546,712
FLUTTER ENTERTAINMENT PLC	$48,526	$48,526
FMC CORP	$37,235	$37,235
FORTESCUE LTD	$32,995	$32,995
FORTINET INC	$214,186	$214,186
FORTIVE CORP	$67,650	$67,650
FRANCO-NEVADA CORP	$97,012	$97,012
FREEPORT-MCMORAN INC	$46,267	$46,267
FTI CONSULTING INC	$20,833	$20,833
FUJITSU LTD	$69,827	$69,827
GALP ENERGIA SGPS SA	$45,205	$45,205
GE AEROSPACE	$58,543	$58,543
GE HEALTHCARE TECHNOLOGIES INC	$391,447	$391,447
GECINA SA	$57,133	$57,133
GEN DIGITAL INC	$36,908	$36,908
GENERAL MOTORS CO	$44,161	$44,161
GENMAB A/S	$14,093	$14,093
GILEAD SCIENCES INC	$220,487	$220,487
GIVAUDAN SA	$83,149	$83,149
GLDMN SCHS CORE FXD INC-INST	$12,573,322	$12,573,322
GLDMN SCHS TCT TLT OVRLY-R6	$1,388,111	$1,388,111
GLOBAL PAYMENTS INC	$53,789	$53,789
GROUPE BRUXELLES LAMBERT NV	$185,213	$185,213
HALLIBURTON CO	$40,839	$40,839
HALMA PLC	$316,261	$316,261
HANG SENG BANK LTD	$51,662	$51,662
HANNOVER RUECK SE	$29,996	$29,996
HARTFORD INSURANCE GROUP INC/T	$395,372	$395,372
HASBRO INC	$21,693	$21,693
HEIDELBERG MATERIALS AG	$1,012,000	$1,012,000
HEINEKEN NV	$340,399	$340,399
HENKEL AG & CO KGAA	$23,266	$23,266
HENRY SCHEIN INC	$304,134	$304,134
HERMES INTERNATIONAL SCA	$120,222	$120,222
HERSHEY CO/THE	$56,224	$56,224
HEXCEL CORP	$301,587	$301,587
HITACHI LTD	$175,356	$175,356
HOLOGIC INC	$256,785	$256,785
HOME DEPOT INC/THE	$169,989	$169,989
HONEYWELL INTERNATIONAL INC	$124,465	$124,465
HORMEL FOODS CORP	$21,865	$21,865
HP INC	$66,435	$66,435
HSBC BANK PLC	$162,096	$162,096
HSBC HOLDINGS PLC	$36,551	$36,551
HUBSPOT INC	$17,419	$17,419
HUMANA INC	$19,536	$19,536
ICON PLC	$285,415	$285,415
ILLUMINA INC	$20,846	$20,846
INDUSTRIA DE DISENO TEXTIL SA	$41,687	$41,687
INFORMA PLC	$25,668	$25,668
ING GROEP NV	$58,188	$58,188
INGERSOLL RAND INC	$154,596	$154,596
INTEL CORP	$30,536	$30,536
INTERCONTINENTAL EXCHANGE INC	$51,557	$51,557
INTERNATIONAL BANCSHARES CORP	$52,612	$52,612
INTERNATIONAL FLAVORS & FRAGRA	$16,403	$16,403
INTESA SANPAOLO SPA	$90,820	$90,820
INTUIT INC	$221,232	$221,232
INTUITIVE SURGICAL INC	$162,330	$162,330
INVESTOR AB	$227,580	$227,580
ITOCHU CORP	$35,881	$35,881
J M SMUCKER CO/THE	$21,143	$21,143
JAPAN TOBACCO INC	$134,321	$134,321
JEFFERIES FINANCIAL GROUP INC	$386,198	$386,198
JOHNSON & JOHNSON	$272,319	$272,319
JOHNSON MATTHEY PLC	$30,275	$30,275
JONES LANG LASALLE INC	$125,051	$125,051
JPMORGAN CHASE & CO	$150,058	$150,058
KBR INC	$15,525	$15,525
KDDI CORP	$147,866	$147,866
KEYCORP	$26,241	$26,241
KEYENCE CORP	$403,012	$403,012
KEYSIGHT TECHNOLOGIES INC	$24,416	$24,416
KOMATSU LTD	$55,358	$55,358
KONINKLIJKE AHOLD DELHAIZE NV	$58,759	$58,759
KONINKLIJKE PHILIPS NV	$765,422	$765,422
KUBOTA CORP	$12,872	$12,872
KURITA WATER INDUSTRIES LTD	$21,166	$21,166
L3HARRIS TECHNOLOGIES INC	$52,149	$52,149
LAM RESEARCH CORP	$450,137	$450,137
LAND SECURITIES GROUP PLC	$19,477	$19,477
LEGRAND SA	$24,247	$24,247
LINCOLN NATIONAL CORP	$21,975	$21,975
LLOYDS BANKING GROUP PLC	$311,413	$311,413
LOCKHEED MARTIN CORP	$19,438	$19,438
LONDON STOCK EXCHANGE GROUP PL	$650,133	$650,133
LOOMIS NEW HAMPSHIRE	$4,100,000	$4,100,000
LOREAL SA	$87,434	$87,434
LOWE'S COS INC	$187,074	$187,074
LVMH MOET HENNESSY LOUIS VUITT	$139,509	$139,509
LYFT INC	$29,825	$29,825
MANULIFE FINANCIAL CORP	$132,851	$132,851
MARATHAN EMD	$3,362,496	$3,362,496
MARSH & MCLENNAN COS INC	$760,640	$760,640
MARUBENI CORP	$91,036	$91,036
MARVELL TECHNOLOGY INC	$26,618	$26,618
MASTEC INC	$39,072	$39,072
MASTERCARD INC	$378,604	$378,604
MCCORMICK & CO INC/MD	$42,161	$42,161
MCKESSON CORP	$229,104	$229,104
MEDTRONIC PLC	$177,973	$177,973
MERCADOLIBRE INC	$498,229	$498,229
MERCEDES-BENZ GROUP AG	$74,484	$74,484
MERCK & CO INC	$124,151	$124,151
MERIDIAN ENERGY LTD	$53,570	$53,570
META PLATFORMS INC	$1,603,126	$1,603,126
METLIFE INC	$81,880	$81,880
MICROSOFT CORP	$2,281,580	$2,281,580
MICROSTRATEGY INC	$14,481	$14,481
MITSUBISHI CORP	$24,854	$24,854
MITSUBISHI ESTATE CO LTD	$57,407	$57,407
MITSUBISHI HEAVY INDUSTRIES LT	$84,869	$84,869
MITSUI & CO LTD	$147,474	$147,474
MIZUHO FINANCIAL GROUP INC	$69,002	$69,002
MONDELEZ INTERNATIONAL INC	$18,576	$18,576
MONOLITHIC POWER SYSTEMS INC	$288,158	$288,158
MOODY'S CORP	$167,573	$167,573
MORGAN STANLEY	$136,658	$136,658
MS&AD INSURANCE GROUP HOLDINGS	$164,593	$164,593
MSCI EAFE INDX NL CTF ECTF	$13,935,167	$13,935,167
MTU AERO ENGINES AG	$25,007	$25,007
NESTLE SA	$174,507	$174,507
NETFLIX INC	$187,177	$187,177
NEW JERSEY RESOURCES CORP	$57,240	$57,240
NEW YORK TIMES CO/THE	$3,748	$3,748
NEXTERA ENERGY INC	$456,379	$456,379
NINTENDO CO LTD	$15,032	$15,032
NIPPON PAINT HOLDINGS CO LTD	$20,189	$20,189
NIPPON TELEGRAPH & TELEPHONE C	$52,781	$52,781
NOMURA REAL ESTATE HOLDINGS IN	$19,878	$19,878
NORDEA BANK ABP	$54,008	$54,008
NORTHERN TRUST CORP	$122,385	$122,385
NORTHROP GRUMMAN CORP	$59,131	$59,131
NOVARTIS AG	$917,566	$917,566
NOVO NORDISK A/S	$170,836	$170,836
NOVONESIS (NOVOZYMES) B	$4,472	$4,472
NTT DATA GROUP CORP	$90,615	$90,615
NU HOLDINGS LTD/CAYMAN ISLANDS	$365,428	$365,428
NVENT ELECTRIC PLC	$90,039	$90,039
NVIDIA CORP	$2,699,498	$2,699,498
NXP SEMICONDUCTORS NV	$322,375	$322,375
OKTA INC	$20,330	$20,330
OMEGA HEALTHCARE INVESTORS INC	$23,429	$23,429
OMNICOM GROUP INC	$115,380	$115,380
ON HOLDING AG	$428,685	$428,685
ORANGE SA	$16,226	$16,226
ORSTED AS	$585	$585
PACIFIC ASSET MANAGEMENT BANK	$6,595,854	$6,595,854
PALANTIR TECHNOLOGIES INC	$25,639	$25,639
PALO ALTO NETWORKS INC	$341,721	$341,721
PARTNERS GROUP HOLDING AG	$248,375	$248,375
PAYCOM SOFTWARE INC	$30,131	$30,131
PAYPAL HOLDINGS INC	$212,180	$212,180
PELOTON INTERACTIVE INC	$52,078	$52,078
PEPSICO INC	$130,467	$130,467
PFIZER INC	$66,670	$66,670
PHILIP MORRIS INTERNATIONAL IN	$272,833	$272,833
PINTEREST INC	$24,824	$24,824
PNC FINANCIAL SERVICES GROUP I	$221,199	$221,199
POSTE ITALIANE SPA	$46,866	$46,866
PPG INDUSTRIES INC	$22,934	$22,934
PROCTER & GAMBLE CO/THE	$727,266	$727,266
PROGRESSIVE CORP/THE	$664,918	$664,918
PROSUS NV	$59,607	$59,607
PRUDENTIAL FINANCIAL INC	$310,904	$310,904
PRUDENTIAL PLC	$16,307	$16,307
PRYSMIAN SPA	$204,891	$204,891
PUBLICIS GROUPE SA	$39,356	$39,356
QUALCOMM INC	$113,525	$113,525
RANGE RESOURCES CORP	$78,149	$78,149
RAYMOND JAMES FINANCIAL INC	$42,094	$42,094
RB GLOBAL INC	$20,117	$20,117
RBC BLUEBAY HI YLD BND-I	$8,486,089	$8,486,089
REA GROUP LTD	$95,917	$95,917
REALTY INCOME CORP	$101,746	$101,746
RECKITT BENCKISER GROUP PLC	$317,956	$317,956
RECRUIT HOLDINGS CO LTD	$70,915	$70,915
REGENERON PHARMACEUTICALS INC	$53,425	$53,425
REINSURANCE GROUP OF AMERICA I	$377,698	$377,698
RELX PLC	$309,694	$309,694
ROCHE HOLDING AG	$125,741	$125,741
ROCKWELL AUTOMATION INC	$429,257	$429,257
ROYAL BANK OF CANADA	$111,351	$111,351
ROYAL GOLD INC	$1,978	$1,978
S&P GLOBAL INC	$28,886	$28,886
SAFRAN SA	$106,081	$106,081
SAGE GROUP PLC/THE	$48,387	$48,387
SALESFORCE INC	$341,017	$341,017
SAMPO OYJ	$21,164	$21,164
SAMSUNG ELECTRONICS CO LTD	$616,146	$616,146
SANOFI SA	$106,878	$106,878
SBA COMMUNICATIONS CORP	$21,807	$21,807
SCHIBSTED ASA	$22,540	$22,540
SCHLUMBERGER LTD	$89,371	$89,371
SCHNEIDER ELECTRIC SE	$214,030	$214,030
SCHRODERS PLC	$29,322	$29,322
SCIENCE APPLICATIONS INTERNATI	$46,165	$46,165
SEA LTD	$48,063	$48,063
SEKISUI HOUSE LTD	$50,536	$50,536
SERVICE CORP INTERNATIONAL/US	$45,577	$45,577
SERVICENOW INC	$91,170	$91,170
SEVEN & I HOLDINGS CO LTD	$42,395	$42,395
SG HOLDINGS CO LTD	$13,416	$13,416
SHELL PLC	$620,809	$620,809
SHERWIN-WILLIAMS CO/THE	$189,341	$189,341
SHISEIDO CO LTD	$7,092	$7,092
SHOPIFY INC	$81,874	$81,874
SIEMENS AG	$161,280	$161,280
SIEMENS ENERGY AG	$146,646	$146,646
SINGAPORE TELECOMMUNICATIONS L	$42,851	$42,851
SMITH & NEPHEW PLC	$23,554	$23,554
SOCIETE GENERALE SA	$27,055	$27,055
SODEXO SA	$269,116	$269,116
SOFTBANK GROUP CORP	$29,222	$29,222
SONOVA HOLDING AG	$22,233	$22,233
SONY GROUP CORP	$4,761	$4,761
SOUTHWEST AIRLINES CO	$254,302	$254,302
SPECTRUM BRANDS HOLDINGS INC	$20,531	$20,531
SPIRAX GROUP PLC	$15,024	$15,024
STANDARD CHARTERED PLC	$24,985	$24,985
STATE STREET CORP	$20,612	$20,612
STATE STREET S&P 500 INDEX	$35,859,609	$35,859,609
STELLANTIS NV	$25,996	$25,996
STRYKER CORP	$255,636	$255,636
SUBARU CORP	$17,950	$17,950
SUMITOMO CORP	$37,081	$37,081
SUMITOMO MITSUI FINANCIAL GROU	$93,405	$93,405
SUN LIFE FINANCIAL INC	$69,131	$69,131
SUNCORP GROUP LTD	$51,082	$51,082
SUNTORY BEVERAGE & FOOD LTD	$15,949	$15,949
SWISSCOM AG	$105,771	$105,771
SYNOPSYS INC	$45,624	$45,624
SYSMEX CORP	$22,269	$22,269
TAIWAN SEMICONDUCTOR MANUFACTU	$586,545	$586,545
TAKEDA PHARMACEUTICAL CO LTD	$15,962	$15,962
TAPESTRY INC	$26,851	$26,851
TARGET CORP	$96,248	$96,248
TE CONNECTIVITY PLC	$211,453	$211,453
TECHTRONIC INDUSTRIES CO LTD	$32,328	$32,328
TECK RESOURCES LTD	$33,113	$33,113
TELEFONAKTIEBOLAGET LM ERICSSO	$24,696	$24,696
TELEFONICA SA	$53,225	$53,225
TELENOR ASA	$21,889	$21,889
TERUMO CORP	$456,339	$456,339
TESLA INC	$647,356	$647,356
TETRA TECH INC	$238,801	$238,801
THOMSON REUTERS CORP	$106,172	$106,172
TJX COS INC/THE	$63,667	$63,667
T-MOBILE US INC	$115,221	$115,221
TOKYO ELECTRON LTD	$46,166	$46,166
TOLL BROTHERS INC	$8,942	$8,942
TOMRA SYSTEMS ASA	$184,790	$184,790
TOTALENERGIES SE	$366,462	$366,462
TOYOTA MOTOR CORP	$124,663	$124,663
TRACTOR SUPPLY CO	$46,693	$46,693
TRANE TECHNOLOGIES PLC	$166,946	$166,946
TREASURY WINE ESTATES LTD	$631	$631
TWILIO INC	$33,505	$33,505
UBER TECHNOLOGIES INC	$114,367	$114,367
UBS GROUP AG	$626,089	$626,089
UMICORE SA	$22,750	$22,750
UNICREDIT SPA	$39,533	$39,533
UNILEVER PLC	$668,067	$668,067
UNITED RENTALS INC	$71,148	$71,148
UNITEDHEALTH GROUP INC	$319,704	$319,704
UNIVERSAL MUSIC GROUP NV	$314,082	$314,082
US BANCORP	$24,967	$24,967
VENTAS INC	$29,209	$29,209
VERALTO CORP	$479,408	$479,408
VERIZON COMMUNICATIONS INC	$124,369	$124,369
VERTEX PHARMACEUTICALS INC	$154,637	$154,637
VESTAS WIND SYSTEMS A/S	$24,433	$24,433
VINCI SA	$98,943	$98,943
VISA INC	$1,090,338	$1,090,338
VOLVO AB	$62,548	$62,548
WARNER BROS DISCOVERY INC	$24,300	$24,300
WASTE MANAGEMENT INC	$449,185	$449,185
WATERS CORP	$43,034	$43,034
WELLS FARGO & CO	$118,916	$118,916
WELLTOWER INC	$214,755	$214,755
WESFARMERS LTD	$55,537	$55,537
WHEATON PRECIOUS METALS CORP	$53,597	$53,597
WHITBREAD PLC	$9,851	$9,851
WORKDAY INC	$75,345	$75,345
WPP PLC	$27,761	$27,761
WSP GLOBAL INC	$297,424	$297,424
WW GRAINGER INC	$14,757	$14,757
YASKAWA ELECTRIC CORP	$20,702	$20,702
YUM! BRANDS INC	$206,204	$206,204
ZALANDO SE	$35,653	$35,653
ZOETIS INC	$84,887	$84,887
ZURICH INSURANCE GROUP AG	$88,586	$88,586

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp (11 entries)

Category Or ItemCategoryOrItemTxt	Listed At Cost Or FMVListedAtCostOrFMVCd	Book ValueBookValueAmt	EOYFMVEOYFMVAmt
APTITUDE ALTERNATIVE EQUITY	FMV	$17,921,531	$17,921,531
BLACK EQUITY OPPORTUNITIES	FMV	$121,172	$121,172
CASSIOPEIA FUND LIMITED	FMV	$30,586	$30,586
E & F PRIVATE EQUITY MANAGERS	FMV	$1,060,255	$1,060,255
IMPRINT OPPS	FMV	$2,240,337	$2,240,337
LUXOR CAPITAL PARTNERS	FMV	$487,777	$487,777
OZ MASTER FUND	FMV	$1,991	$1,991
PRIVATE CR MGRS IV	FMV	$4,720,163	$4,720,163
PRIVATE CREDIT MANAGERS (2023)	FMV	$183,050	$183,050
TACTICAL TRADING MANAGERS	FMV	$4,676,211	$4,676,211
VINTAGE REAL ESTATE PARTNERS	FMV	$50,565	$50,565

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)

DescDesc	Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt	Net Investment IncomeNetInvestmentIncomeAmt	Adjusted Net IncomeAdjustedNetIncomeAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt
SUPPLIES & EQUIPMENT	$25,054	$0	$0	$0
MISCELLANANEOUS EXPENSE	$5,000	$0	$0	$0
OTHER EXPENSES	$0	$213,805	$0	$0

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail

Field	Value	IRS element (for citing)
Desc	PARTNERSHIP INCOME	Desc
Net Investment Income	-$114,232	NetInvestmentIncomeAmt

Other Increases Schedule OtherIncreasesSchedule

Other Increases Detail OtherIncreasesDetail (3 entries)

DescDesc	AmtAmt
IN-KIND AND SERVICE CONTRIBUTIONS	$242,276
UNREALIZED GAINS	$22,460,753
REPORTING METHOD CHANGE TO PRESENT BALANCE SHEET AT FMV VS COST	$1,068,204

Other Liabilities Schedule OtherLiabilitiesSchedule

Other Liabilities Detail OtherLiabilitiesDetail

Field	Value	IRS element (for citing)
Desc	DEFERRED TAX LIABILITY	Desc
BOY Book Value	$78,455	BOYBookValueAmt
EOY Book Value	$327,116	EOYBookValueAmt

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail (12 entries)

CategoryCategoryTxt	AmtAmt	Net Investment IncomeNetInvestmentIncomeAmt	Adjusted Net IncomeAdjustedNetIncomeAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt
ALLIANCE BERNSTEIN	$97,271	$97,271	$0	$0
PROFESSIONAL SERVICES	$333,819	$91,543	$0	$0
RTI PARTNERS LTD	$103,962	$103,962	$0	$0
GOLDMAN SACHS ASSET	$776,603	$776,603	$0	$0
WELLINGTON TRUST CO	$20,080	$20,080	$0	$0
ACADIAN INTERNATIONAL	$43,687	$43,687	$0	$0
OWNERSHIP CAPITAL	$65,893	$65,893	$0	$0
PACIFIC ASSET MANAGEMENT	$21,063	$21,063	$0	$0
MSCI EAFE INDX NL	$361	$361	$0	$0
S&P 500 R INDX NL	$246	$246	$0	$0
SSGA LONG US TREASURY	$3,056	$3,056	$0	$0
APERIO GROUP	$51,245	$51,245	$0	$0

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (2 entries)

CategoryCategoryTxt	AmtAmt	Net Investment IncomeNetInvestmentIncomeAmt	Adjusted Net IncomeAdjustedNetIncomeAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt
FEDERAL EXCISE TAX EXPENSE	$397,581	$0	$0	$0
FOREIGN TAXES PAID	$0	$98,277	$0	$0