2012-05-15T13:06:50-05:00 2011-06-30 CLIFTONLARSONALLEN LLP 220 SOUTH SIXTH STREET SUITE 300 MINNEAPOLIS MN 55402 990 2010-07-01 410693856 DUNWOODY COLLEGE OF TECHNOLOGY DUNW 6123745800 818 DUNWOODY BOULEVARD MINNEAPOLIS MN 55403 NANCY FUCHS 6123745800 2012-05-15 1 XIAOYAN LUO 6123764500 2010 2016-02-24 21:20:13Z RICHARD WAGNER 818 DUNWOODY BOULEVARD MINNEAPOLIS MN 55403 26439864 0 X WWW.DUNWOODY.EDU X 1914 MN PROVIDE TECHNICAL TRAINING IN INDUSTRIAL FIELDS IN DAY AND EVENING CLASSES IN MINNEAPOLIS, MN. 26 25 469 600 0 0 5143462 3258407 22268732 21023877 1089029 1364726 0 0 28501223 25647010 900171 1014310 0 0 15776429 14821828 69000 63744 718878 10024295 9806927 26769895 25706809 1731328 -59799 39427478 40712987 16419954 16205951 23007524 24507036 X DUNWOODY COLLEGE OF TECHNOLOGY IS A MINNESOTA NOT-FOR-PROFIT ORGANIZATION WHICH PROVIDES TECHNICAL TRAINING IN A VARIETY OF INDUSTRIAL FIELDS IN BOTH DAY AND EVENING CLASSES IN MINNEAPOLIS, MINNESOTA. 0 0 17691213 1014310 21023877 FOUNDED IN 1914, DUNWOODY COLLEGE OF TECHNOLOGY IS A PRIVATE, NON-PROFIT, ENDOWED INSTITUTION OF HIGHER EDUCATION. IT IS THE OLDEST INSTITUTION OF ITS KIND IN THE UPPER MIDWEST, WITH AN INTERNATIONAL REPUTATION FOR OUTSTANDING EDUCATIONAL PROGRAMS. THE PROMINENT MINNEAPOLIS BUSINESSMAN, WILLIAM HOOD DUNWOODY, LEFT NEARLY THREE MILLION DOLLARS IN HIS WILL TO ESTABLISH DUNWOODY COLLEGE OF TECHNOLOGY. HIS PURPOSE WAS TO "PROVIDE FOR ALL TIME A PLACE WHERE YOUTH WITHOUT DISTINCTION, ON ACCOUNT OF RACE, COLOR, OR RELIGIOUS PREJUDICE, MAY LEARN THE USEFUL TRADES AND CRAFTS, THEREBY FIT THEMSELVES FOR THE BETTER PERFORMANCE OF LIFE'S DUTIES." DUNWOODY WAS NATIONALLY RECOGNIZED IN 1991 AS ONE OF TEN "INSTITUTIONS OF EXCELLENCE" BY THE NATIONAL CENTER OF RESEARCH IN VOCATIONAL EDUCATION IN BERKELEY, CALIFORNIA. DUNWOODY IS ACCREDITED THROUGH THE HIGHER LEARNING COMMISSION OF THE NORTH CENTRAL ASSOCIATION OF SCHOOLS & COLLEGES WHICH PROVIDES PUBLIC ASSURANCE OF EDUCATIONAL QUALITY AND INSTITUTIONAL INTEGRITY. DUNWOODY'S SUCCESS CAN BE SEEN IN ITS OUTSTANDING ALUMNI, THE CONSISTENTLY HIGH RATE OF PLACEMENT OF ITS GRADUATES, ENROLLMENT OF MORE THAN A QUARTER MILLION STUDENTS IN ITS NEARLY 100 YEARS OF OPERATION AND THE EXTENSIVE NUMBER OF SPECIAL TRAINING PROGRAMS IT PROVIDES FOR INDUSTRY AND LABOR. DUNWOODY IS A TECHNICAL COLLEGE TEACHING MEN AND WOMEN THROUGH HANDS-ON LEARNING. DUNWOODY OFFERS AN INTENSE, STRUCTURED APPROACH TO EDUCATION THAT FACILITATES INDIVIDUAL LEARNING AND DEVELOPMENT. PROGRAMS ARE JOB-ORIENTED AND THE LEARNING ENVIRONMENT FOSTERS THE QUALITIES EMPLOYERS SEEK: PRODUCTIVITY, SELF-DISCIPLINE, CONFIDENCE, TEAMWORK, A POSITIVE ATTITUDE TOWARD PRODUCTIVITY, AND AN APPRECIATION FOR A JOB WELL DONE. THE INTEGRATION OF THE ARTS AND SCIENCES IS A KEY COMPONENT OF EACH PROGRAM. DUNWOODY IS COMMITTED TO EXCELLENCE IN EDUCATION AND BELIEVES SKILL AND TECHNICAL COMPETENCE MUST BE BALANCED WITH A BROAD ACADEMIC EDUCATION TO ENHANCE EACH GRADUATE'S SUCCESS AND FACILITATE LIFE-LONG LEARNING. LIFE-LONG LEARNING SKILLS THAT GO BEYOND THE TECHNICAL ASPECTS OF AN OCCUPATION ARE LEARNED IN COURSE WORK THAT IMPARTS THE KNOWLEDGE, CONCEPTS, AND ATTITUDES NEEDED TO LIVE IN A DIVERSE SOCIETY. IN OCTOBER 2006, DUNWOODY COLLEGE OF TECHNOLOGY RECEIVED APPROVAL TO OFFER A BACHELOR OF SCIENCE IN APPLIED MANAGEMENT DEGREE. THIS PROGRAM WAS DEVELOPED TO SERVE GRADUATES OF TECHNICAL COLLEGES THAT WANTED TO FINISH A FOUR-YEAR DEGREE IN ORDER TO GROW IN THEIR CAREERS. THE DUNWOODY BACHELOR DEGREE PROGRAM TEACHES STUDENTS ABOUT MANAGEMENT AND ALLOWS THE STUDENT TO APPLY CONCEPTS AND THEORIES TO THEIR CHOSEN OCCUPATION. COURSES COMPLETED DURING A STUDENT'S ASSOCIATE IN APPLIED SCIENCE PROGRAM TRANSFER INTO THE PROGRAM SATISFYING TWO YEARS OF COURSE WORK. THIS ALLOWS ANY STUDENT WITH A TWO-YEAR ASSOCIATES DEGREE (GRADUATE OF DUNWOODY OR NOT) TO COMPLETE THE REMAINING CREDITS IN TWO TO THREE YEARS. THE DUNWOODY BACHELOR'S DEGREE HELPS STUDENTS CONTINUE THEIR CAREERS AND FULFILLS WILLIAM HOOD DUNWOODY'S VISION FOR DUNWOODY COLLEGE OF TECHNOLOGY TO EDUCATE STUDENTS "FOR BETTER PERFORMANCE OF LIFE'S DUTIES." WORKING WITH INDUSTRIES AND BUSINESSES EMPLOYING DUNWOODY GRADUATES, DUNWOODY INSTRUCTORS DESIGN ALL OF THE CAREER PROGRAMS. TECHNICAL INSTRUCTORS ARE INDUSTRY-EXPERIENCED AND CHALLENGE STUDENTS TO PERFORM TO INDUSTRY STANDARDS IN BOTH QUALITY AND QUANTITY OF WORK. TECHNICAL COURSE REQUIREMENTS ARE BASED ON WHAT IT TAKES TO PERFORM SUCCESSFULLY ON THE JOB, SO CURRICULA ARE CONTINUALLY REVISED AND UPDATED. INSTRUCTION IS ORGANIZED ON A QUARTER (12-WEEK) SCHEDULE. PROGRAMS ARE THREE OR SIX QUARTERS IN LENGTH, LEADING TO A DIPLOMA OR ASSOCIATE OF APPLIED SCIENCE (A.A.S.) DEGREE. IT IS DUNWOODY'S GOAL THAT GRADUATING STUDENTS WILL BECOME RESPONSIBLE, CONTRIBUTING CITIZENS, AS WELL AS ABLE TECHNICIANS AND LEADERS IN THEIR PROFESSIONS. THE COLLEGE CURRENTLY OFFERS LEARNING OPPORTUNITIES IN THE FOLLOWING AREAS:AUTOMATED SYSTEMS AND ROBOTICSARCHITECTURAL DRAFTING AND ESTIMATINGAUTOMOTIVE COLLISION REPAIR AND REFINISHINGAUTOMOTIVE COLLISION APPRENTICESHIPAUTOMOTIVE COLLISIONAUTOMOTIVE SERVICE TECHNOLOGYAUTOMOTIVE SERVICECOMPUTER NETWORKING SYSTEMSCONSTRUCTION PROJECT SUPERVISIONELECTRICAL CONSTRUCTION DESIGNELECTRICAL CONSTRUCTION AND MAINTENANCEELECTRONICS TECHNOLOGYENGINEERING, DRAFTING, AND DESIGNGRAPHICS AND PRINTING TECHNOLOGIESHEATING AND COOLING SYSTEMSHVAC DESIGNHVAC SYSTEMS SERVICINGINFORMATION TECHNOLOGYINTERIOR DESIGNMACHINING TECHNOLOGYWELDINGTHROUGH THESE COURSE OFFERINGS, IN CONJUNCTION WITH THE EFFORT AND ENTHUSIASM OF THE COLLEGE STAFF AND FACULTY, IT IS DUNWOODY'S VISION IS TO BE RECOGNIZED AS A BEST-IN-CLASS LEADER AND INNOVATOR IN LEARNER-CENTERED WORKFORCE DEVELOPMENT. 17691213 1 1 0 0 0 0 0 0 1 1 1 0 0 1 1 1 0 1 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 0 0 0 0 1 52 0 1 469 1 0 0 0 0 0 0 0 0 0 0 0 X 26 25 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 1 0 0 MN X X NANCY FUCHS 6123745800 818 DUNWOODY BOULEVARD MINNEAPOLIS MN 55403 RICHARD WAGNER PHD 40.00 X X 170175 0 13229 MAURICE J WAGENER 1.00 X X 0 0 0 THEODORE A FERRARA 1.00 X X 0 0 0 JAMES R FOX 1.00 X X 0 0 0 CHARLIE WESTLING 1.00 X X 0 0 0 RUSSELL BECKER 1.00 X 0 0 0 ROBERT W CARLSON JR 1.00 X 0 0 0 RICK D CLEVETTE 1.00 X 0 0 0 RICHARD A COPELAND 1.00 X 0 0 0 PAUL I COSSETTE 1.00 X 0 0 0 DAVID P CROSBY 1.00 X 0 0 0 JOEL A ELFTMAN 1.00 X 0 0 0 BRUCE W ENGELSMA 1.00 X 0 0 0 MARK G FLEISCHHACKER 1.00 X 0 0 0 MICHAEL HANSON 1.00 X 0 0 0 TAMARA HJELLE OLSON 1.00 X 0 0 0 BARBARA A JERICH 1.00 X 0 0 0 CORNELL LEVERETTE MOORE 1.00 X 0 0 0 RAYMOND K NEWKIRK 1.00 X 0 0 0 ANDREA NEWMAN 1.00 X 0 0 0 GARY N PETERSEN 1.00 X 0 0 0 KAY PHILLIPS 1.00 X 0 0 0 TALLA SKOGMO 1.00 X 0 0 0 MARK STEADMAN 1.00 X 0 0 0 DR BERNHARD VANLENGERICH 1.00 X 0 0 0 JOHN K WOODWORTH 1.00 X 0 0 0 NANCY FUCHS 40.00 X 0 0 0 ROBERT DOTY 40.00 X 147065 0 13696 ARTHUR ALEXANDER III 40.00 X 121730 0 14301 BARRY SHEAR 40.00 X 121491 0 15896 MARK SKIPPER 40.00 X 111802 0 4763 PATRICIA ANN EDMAN 40.00 X 109491 0 14567 JEFFREY M YLINEN 40.00 X 110002 0 15504 WILLIAM JORDAN 40.00 X 98940 0 25627 891756 0 91956 7 0 1 0 CLIFTONLARSONALLEN LLP 220 SOUTH SIXTH STREET 300 MINNEAPOLIS MN 55402 ACCOUNTING SERVICES 146570 1 3258407 674616 3258407 TUITION & RELATED INC 611600 20434361 20434361 OTHER REVENUES 900099 589516 589516 21023877 547877 547877 1609703 792854 816849 816849 816849 25647010 21023877 0 1364726 1014310 1014310 621303 621303 11697305 9573685 1672481 451139 449592 449592 1175787 1000600 115156 60031 877841 684404 161413 32024 91288 91288 190554 190554 63744 63744 170862 170862 805711 260121 545590 3509926 2873515 553247 83164 760488 760488 125941 106939 15772 3230 200612 165034 27680 7898 335999 335999 1454364 1141146 295570 17648 222554 217134 5420 EQUIPMT RENTAL/MAINTENA 1938628 318326 1620302 25706809 17691213 7296718 718878 1739305 2142214 301297 1275038 773538 633080 1197412 770800 180966 132871 47341209 32697250 15284754 14643959 8241774 10067679 11708432 11047346 39427478 40712987 1224399 2384072 1926480 1800184 7107205 6889076 6161870 5132619 16419954 16205951 X 1653167 1537796 8583834 9587546 12770523 13381694 23007524 24507036 39427478 40712987 X -59799 1559311 X 0 1 1 X 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 20915900 807198 1125769 1205418 21643449 20772644 303907 1027755 1188406 20915900 23772077 113904 -2394483 718854 20772644 0.06000 0.62000 0.32000 0 0 828504 828504 27015249 18645217 8370032 18906332 14052033 4854299 591124 591124 14643959 SPLIT-INTEREST AGREEMENTS 9973048 F POOLED REAL ESTATE INVESTMENTS 1074298 F 11047346 ANNUITY OBLIGATIONS 191528 ACCRUED PENSION COST 4741134 ENVIRONMENTAL REMEDIATION 199957 5132619 25647010 25706809 -59799 1238287 321024 1559311 1499512 25375699 1238287 1658226 391576 3288089 22087610 170862 3388538 3559400 25647010 26179863 1658226 1658226 24521637 170862 1014310 1185172 25706809 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: ENDOWMENT FUNDS ARE USED TO PROVIDE SCHOLARSHIPS AND TO FUND COLLEGE OPERATIONS. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE COLLEGE IS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS GENERALLY NOT SUBJECT TO INCOME TAXES. THEREFORE, ALL CONTRIBUTIONS ARE TAX DEDUCTIBLE. THE COLLEGE FOLLOWS THE GUIDANCE IN THE INCOME TAX STANDARD REGARDING THE RECOGNITION AND MEASUREMENT OF UNCERTAIN TAX POSITIONS. THE COLLEGE FOLLOWS THE ACCOUNTING STANDARD FOR CONTINGENCIES IN EVALUATING UNCERTAIN TAX POSITIONS. THE COLLEGE HAS NO CURRENT OBLIGATION FOR UNRELATED BUSINESS INCOME TAX. THE COLLEGE'S TAX RETURNS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL AUTHORITIES. THE TAX RETURNS FOR THE YEARS 2008 TO 2010 ARE OPEN TO EXAMINATION BY FEDERAL AUTHORITIES. PART XI, LINE 8 - OTHER ADJUSTMENTS: CHANGE IN PENSION LIABILITY INCLUDING OTHER COMPREHENSIVE INCOME -70,552. CHANGE IN FAIR VALUE OF BENEFICIAL INTEREST IN PERPETUAL TRUST 391,576. PART XII, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN FAIR VALUE OF BENEFICIAL INTEREST IN PERPETUAL TRUST 391,576. PART XII, LINE 4B - OTHER ADJUSTMENTS: INVESTMENT INCOME GREATER THAN SPENDING RATE 2,374,228. SCHOLARSHIPS 1,014,310. PART XIII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS 1,014,310. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATION SCHEDULE E, PART I, LINE 3 WRITTEN MATERIALS RELATED TO THE COLLEGE'S POLICIES ARE GIVEN TO STUDENTS AT ORIENTATION. EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCE SCHEDULE E, PART I, LINE 6 THE COLLEGE RECEIVES PELL, SEOG, ACG, FEDERAL WORK STUDY, AND VARIOUS GOVERNMENT-BACKED LOANS AND RELATED STATE FUNDS. X X X X X 1 MARK DAVY & ASSOCIATES 4035 BROOKSIDE AVE MINNEAPOLIS MN 55416 FUNDRAISING CONSULTING 0 0 63744 0 63744 MN 1 SCHOLARSHIPS 400 1014310 N/A N/A PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: ENDOWED AND ANNUAL SCHOLARSHIPS ARE AWARDED BASED ON CERTAIN CRITERIA SET BY THE INSTITUTION (DUNWOODY) AND DONORS. STUDENTS APPLY FOR SCHOLARSHIPS STARTING SPRING QUARTER OF THE PREVIOUS SCHOOL YEAR. APPLICATIONS ARE COMPILED AND REVIEWED BY A SCHOLARSHIP COMMITTEE. THE SCHOLARSHIP COMMITTEE CHOOSES THE STUDENT OR STUDENTS WHO ARE MOST DESERVING OF THE AWARD BASED ON THE CRITERIA AND FINANCIAL NEED. STUDENTS ARE NOTIFIED BY THE FINANCIAL AID OFFICE OF THE ACCEPTANCE TO THE AWARDS WHICH THEN BECOME PART OF THEIR FINANCIAL AID PACKAGE. SCHOLARSHIPS ARE DISBURSED TO THE STUDENTS ACCOUNT AS A CREDIT ON A QUARTERLY BASIS WHICH REDUCES THEIR TUITION. STUDENTS ARE REQUIRED TO WRITE A THANK YOU NOTE TO THE DONORS OF THE SCHOLARSHIP SHOWING THEIR APPRECIATION. IF A THANK YOU NOTE ISN'T WRITTEN, THE STUDENT DOESN'T RECEIVE THE SCHOLARSHIP. SCHOLARSHIPS ARE MONITORED BY THE FINANCIAL AID OFFICE. IF A STUDENT WITHDRAWS FROM SCHOOL, THE SCHOLARSHIP IS REVOKED. X X 1 1 X X X 1 0 0 0 0 0 0 0 0 RICHARD WAGNER PHD 169899 0 0 0 276 0 12917 0 312 0 183404 0 0 0 ROBERT DOTY 2987 0 0 0 144078 0 7647 0 6049 0 160761 0 0 0 PART I, LINE 1A HEALTH CLUB DUES - RICHARD WAGNER - $1,318 - NOT INCLUDED IN TAXABLE INCOME TRAVEL FOR COMPANIONS - RICHARD WAGNER - $309 - NOT INCLUDED IN TAXABLE INCOME PART I, LINE 4A ARTHUR ALEXANDER III - SEVERANCE - $62,953 ROBERT DOTY - SEVERANCE - $143,898 BARRY SHAER - SEVERANCE - $29,268 GRAY PLANT MOOTY A BOARD MEMBER OF DUNWOODY COLLEGE WAS A MANAGING OFFICER OF GPM 70341 LEGAL SERVICES 0 X 6 146905 BLUE BOOK X 2 87585 STOCK MARKET QUOTES X TOOLS & EQUIP 19 440126 SALES PRICE 0 0 0 0 FORM 990, PART VI, SECTION A, LINE 1 THE COLLEGE HAS AN EXECUTIVE COMMITTEE COMPRISED OF A MINIMUM OF FIVE MEMBERS INCLUDING THE CHAIR OF THE BOARD AND PRESIDENT AS VOTING EX OFFICIO MEMBERS. ALL MEMBERS MUST BE TRUSTEES. EXCEPT FOR THE POWERS RESERVED BY THE FINANCE COMMITTEE, THE COMMITTEE HAS THE GENERAL MANAGEMENT OF THE AFFAIRS OF THE COLLEGE, INCLUDING DETERMINATION OF THE COMPENSATION OF ALL EMPLOYEES OF THE COLLEGE. THE COLLEGE HAS A FINANCE COMMITTEE COMPRISED OF SEVEN MEMBERS OF THE BOARD OF TRUSTEES. THE FINANCE COMMITTEE HAS THE SUPERVISION AND GENERAL MANAGEMENT OF THE FINANCIAL TRANSACTIONS OF THE COLLEGE, INCLUDING APPROVAL OF THE AUDITED FINANCIAL STATEMENTS. FORM 990, PART VI, SECTION B, LINE 11 BEFORE IT WAS FILED, THE FORM 990 WAS REVIEWED BY THE CONTROLLER, THE CFO AND THE PRESIDENT OF THE COLLEGE. FORM 990, PART VI, SECTION B, LINE 12C THE COLLEGE'S CONFLICT OF INTEREST POLICY APPLIES TO ALL OFFICERS, TRUSTEES AND COMMITTEE MEMBERS. IF AN INDIVIDUAL HAS A POTENTIAL OR ACTUAL CONFLICT OF INTEREST, THEY ARE REQUIRED TO DISCLOSE THE MATERIAL FACTS TO THE BOARD OR COMMITTEE BEFORE THE TRANSACTION IN QUESTION IS CONSIDERED. AFTER PRESENTING THE MATERIAL FACTS, THE INTERESTED PERSON IS REQUIRED TO LEAVE THE ROOM FOR THE DISCUSSION AND VOTE ON THE MATTER. TO INVESTIGATE ALTERNATIVES, THE BOARD OR COMMITTEE MAY REQUEST COMPARABILITY DATA AND/OR APPOINT A DISINTERESTED PERSON. IF A MORE ADVANTAGEOUS TRANSACTION IS NOT REASONABLY ATTAINABLE, THE DISINTERESTED BOARD OR COMMITTEE MEMBERS DETERMINE, BY MAJORITY VOTE, WHETHER TO ENTER INTO THE TRANSACTION. ALL RELEVANT INFORMATION IS RECORDED IN THE MINUTES OF THE MEETING. EACH OFFICER, TRUSTEE AND COMMITTEE IS REQUIRED TO ANNUALLY REVIEW THE CONFLICT OF INTEREST POLICY. FORM 990, PART VI, SECTION B, LINE 15A WHEN DETERMINING THE COMPENSATION OF THE PRESIDENT, THE CHAIR OF THE BOARD AND THE EXECUTIVE COMMITTEE USE SALARY BENCHMARKING DATA TO RECOMMEND THE PRESIDENT'S COMPENSATION. THIS PROCESS WAS LAST UNDERTAKEN IN 2010 FOR THE PRESIDENT, R. WAGNER. WHEN DETERMINING THE COMPENSATION OF OTHER OFFICERS AND KEY EMPLOYEES, THE H.R. DIRECTOR PROVIDES SALARY BENCHMARKING DATA TO THE PRESIDENT WHO DETERMINES THEIR COMPENSATION. SALARY INCREASE GUIDELINES ARE PROVIDED BY THE ACCOUNTING DEPARTMENT BASED ON BUDGET CONSTRAINTS. THIS PROCESS WAS LAST UNDERTAKEN IN 2010 FOR THE SENIOR VICE PRESIDENT AND CFO, R. DOTY. FORM 990, PART VI, SECTION C, LINE 19 THE COLLEGE'S FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. THE COLLEGE'S GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE NOT OPEN TO THE PUBLIC. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 1,238,287. CHANGE IN PENSION LIABILITY INCLUDING OTHER COMPREHENSIVE INCOME -70,552. CHANGE IN FAIR VALUE OF BENEFICIAL INTEREST IN PERPETUAL TRUST 391,576. TOTAL TO FORM 990, PART XI, LINE 5: 1,559,311. CHARITABLE REMAINDER TRUST (1) 818 DUNWOODY BOULEVARD MINNEAPOLIS MN 55403 INVESTMENT MN N/A T 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0