Form990-PF
Click to see attachment

Department of the Treasury
Internal Revenue Service
Return of Private Foundation
or Section 4947(a)(1) Nonexempt Charitable Trust
Treated as a Private Foundation
Note. The foundation may be able to use a copy of this return to satisfy state reporting requirements.
OMB No. 1545-0052
2011
For calendar year 2011, or tax year beginning 01-01-2011 , and ending 12-31-2011
G
Check all that apply:
Name of foundation
L & N ANDREAS FOUNDATION
 

Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 3584 ANDREAS OFFICE   Room/suite
City or town, state, and ZIP code
MANKATO, MN560023584
A Employer identification number

36-3382956
B Telephone number (see page 10 of the instructions)

(507) 345-1233
C bullet
D 1. bullet
H Check type of organization:
2. bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$31,831,122J Accounting method:
 
(Part I, column (d) must be on cash basis.)
E bullet
F bullet
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see page 11 of the instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 1,880
2 Check bullet
3 Interest on savings and temporary cash investments 2,261 2,261  
4 Dividends and interest from securities...... 770,622 770,622  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 1,759,861
b Gross sales price for all assets on line 6a 8,435,376
7 Capital gain net income (from Part IV, line 2)... 1,759,861
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 2,534,624 2,532,744  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see page 14 of the instructions) Click to see attachment 50,236 0   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 20,967 20,967   0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 71,203 20,967   0
25 Contributions, gifts, grants paid........ 2,112,570 2,112,570
26 Total expenses and disbursements. Add lines 24 and 25 2,183,773 20,967   2,112,570
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 350,851
b Net investment income (if negative, enter -0-) 2,511,777
c Adjusted net income (if negative, enter -0-)...  
For Privacy Act and Paperwork Reduction Act Notice, see page 30 of the instructions.
Cat. No. 11289X Form 990-PF (2011)
Form 990-PF (2011)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)		 Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............... 30,727 59,800 59,800
2 Savings and temporary cash investments.......... 10,071,406 8,046,746 8,046,746
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see page 15 of the
instructions)....................      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use...............      
9 Prepaid expenses and deferred charges...........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)........ 17,835,553 Click to see attachment20,063,180 21,076,420
c Investments—corporate bonds (attach schedule)........ 2,576,841 Click to see attachment2,679,309 2,648,156
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)...........      
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 30,514,527 30,849,035 31,831,122
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable...................    
19 Deferred revenue..................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet) Click to see attachment19,044 Click to see attachment2,701
23 Total liabilities (add lines 17 through 22).......... 19,044 2,701
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted....................    
25 Temporarily restricted................    
26 Permanently restricted................    
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds......... 0 0
28 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
29 Retained earnings, accumulated income, endowment, or other funds 30,495,483 30,846,334
30 Total net assets or fund balances (see page 17 of the
instructions).................... 30,495,483 30,846,334
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 30,514,527 30,849,035
Part III Analysis of Changes in Net Assets or Fund Balances
1 Total net assets or fund balances at beginning of year—Part II, column (a), line 30 (must agree
with end-of-year figure reported on prior year’s return)............... 1 30,495,483
2 Enter amount from Part I, line 27a..................... 2 350,851
3 Other increases not included in line 2 (itemize) bullet 3 0
4 Add lines 1, 2, and 3.......................... 4 30,846,334
5 Decreases not included in line 2 (itemize) bullet 5 0
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30. 6 30,846,334
Form 990-PF (2011)
Form 990-PF (2011)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.) 		(b) How acquired
P—Purchase
D—Donation 		(c) Date acquired
(mo., day, yr.) 		(d) Date sold
(mo., day, yr.)
1 a PIMCO UNCONSTRAINED BOND FUND CLASS A M/F (PUBAX)   2011-01-13 2010-09-09
b NVIDIA CORPORATION   2009-04-04 2011-01-03
c NVIDIA CORPORATION   2009-04-04 2011-01-06
d ARCHER DANIELS MIDLAND COMPANY   1969-11-10 2011-01-10
e ARCHER DANIELS MIDLAND COMPANY   2009-04-04 2011-01-10
ARCHER DANIELS MIDLAND COMPANY   2009-04-04 2011-01-10
JAPAN SMALLER CAPTLZTN FD   2009-04-04 2011-01-10
JAPAN SMALLER CAPTLZTN FD   2009-04-04 2011-01-11
NOBLE CORPORATION BAAR   2009-04-04 2011-01-11
ARCHER DANIELS MIDLAND COMPANY   2009-04-04 2011-01-12
ARCHER DANIELS MIDLAND COMPANY   2009-04-04 2011-01-13
ARCHER DANIELS MIDLAND COMPANY   1969-11-10 2011-02-04
ARCHER DANIELS MIDLAND COMPANY   2009-04-04 2011-02-04
ARCHER DANIELS MIDLAND COMPANY   2009-04-04 2011-02-04
CANTERBURY PARK HOLDING   2009-04-04 2011-02-04
CANTERBURY PARK HOLDING   2009-04-04 2011-02-08
ARCHER DANIELS MIDLAND COMPANY   2009-04-04 2011-02-09
ARCHER DANIELS MIDLAND CALL   2010-08-06 2011-02-14
ARCHER DANIELS MIDLAND COMPANY   2009-04-04 2011-02-14
TEMPLETON BRIC FUND CLASS A   2010-12-13 2011-02-15
TEMPLETON BRIC FUND CLASS A   2009-12-11 2011-02-15
TEMPLETON BRIC FUND CLASS A   2009-04-04 2011-02-15
ARCHER DANIELS MIDLAND COMPANY   2009-04-04 2011-02-16
ARCHER DANIELS MIDLAND COMPANY   2009-04-04 2011-02-18
ARCHER DANIELS MIDLAND COMPANY   2009-04-04 2011-02-18
ARCHER DANIELS MIDLAND CALL   2010-08-06 2011-03-18
ARCHER DANIELS MIDLAND COMPANY   2009-04-04 2011-03-18
AMERICAN CHARTERED SCHAUMBURG,   2010-12-13 2011-03-22
PIMCO UNCONSTRAINED BOND   2010-10-20 2011-03-24
ISHARES TR MSCI VAL IDX   2009-06-29 2011-03-25
ISHARES TR MSCI VAL IDX   2009-04-04 2011-03-25
ISHARES TR RUSSELL MCP GR   2009-04-04 2011-03-25
PCM FUND INCORPORATED   2009-09-09 2011-03-25
ROYCE MICRO-CAP TR   2010-05-20 2011-03-25
ISHARES TR MSCI VAL IDX   2009-06-29 2011-03-28
NFJ DIVID INT & PREM STRTGY FD   2009-08-31 2011-03-31
NFJ DIVID INT & PREM STRTGY FD   2009-08-25 2011-03-31
NFJ DIVID INT & PREM STRTGY FD   2009-08-31 2011-04-26
PCM FUND INCORPORATED   2009-09-09 2011-05-03
PCM FUND INCORPORATED   2009-09-09 2011-05-04
PCM FUND INCORPORATED   2009-09-09 2011-05-09
ARCHER DANIELS MIDLAND CALL   2011-01-18 2011-05-11
CITIGROUP INCORPORATED COM NEW   2009-04-04 2011-05-23
NFJ DIVID INT & PREM STRTGY FD   2010-03-30 2011-05-25
NFJ DIVID INT & PREM STRTGY FD   2010-05-20 2011-05-25
NFJ DIVID INT & PREM STRTGY FD   2009-09-25 2011-05-25
NFJ DIVID INT & PREM STRTGY FD   2009-08-31 2011-05-25
CANTERBURY PARK HOLDING   2009-04-04 2011-05-26
CANTERBURY PARK HOLDING   2009-04-04 2011-05-26
NFJ DIVID INT & PREM STRTGY FD   2010-05-20 2011-05-27
CANTERBURY PARK HOLDING   2009-04-04 2011-05-31
CANTERBURY PARK HOLDING   2009-04-04 2011-05-31
CANTERBURY PARK HOLDING   2009-04-04 2011-05-31
NFJ DIVID INT & PREM STRTGY FD   2010-05-20 2011-05-31
NFJ DIVID INT & PREM STRTGY FD   2010-05-25 2011-05-31
NFJ DIVID INT & PREM STRTGY FD   2011-03-30 2011-05-31
NFJ DIVID INT & PREM STRTGY FD   2010-09-29 2011-05-31
NFJ DIVID INT & PREM STRTGY FD   2011-01-07 2011-05-31
NFJ DIVID INT & PREM STRTGY FD   2010-06-29 2011-05-31
TEMPLETON EMERGING MKTS FD   2010-05-20 2011-05-31
CANTERBURY PARK HOLDING   2009-04-04 2011-06-01
CANTERBURY PARK HOLDING   2009-04-04 2011-06-01
EATON VANCE GLOBAL MACRO   2010-06-10 2011-06-01
NFJ DIVID INT & PREM STRTGY FD   2011-03-30 2011-06-01
PIMCO UNCONSTRAINED BOND   2010-10-20 2011-06-01
PIMCO UNCONSTRAINED BOND   2010-11-01 2011-06-01
PIMCO UNCONSTRAINED BOND   2010-12-01 2011-06-01
PIMCO UNCONSTRAINED BOND   2010-12-09 2011-06-01
PIMCO UNCONSTRAINED BOND   2010-12-09 2011-06-01
PIMCO UNCONSTRAINED BOND   2010-12-13 2011-06-01
PIMCO UNCONSTRAINED BOND   2010-12-13 2011-06-10
ROYCE MICRO-CAP TR   2011-03-23 2011-06-24
ROYCE MICRO-CAP TR   2010-05-20 2011-06-24
ROYCE MICRO-CAP TR   2010-12-23 2011-06-24
CANTERBURY PARK HOLDING   2009-04-04 2011-06-29
GOLDMAN SACHS GROUP, INC. MTN   2010-05-04 2011-06-30
ROYAL BANK OF SCOTLAND PLC NTS   2010-10-27 2011-08-12
FEDERAL HOME LOAN BANKS DEBENT   2011-02-09 2011-08-18
ISHARES TR S&P 500 INDEX   2011-03-15 2011-08-30
ISHARES TR RUSSELL MCP GR   2009-04-04 2011-09-01
ISHARES TR S&P MC 400 GRW   2011-02-04 2011-09-01
ARCHER DANIELS MIDLAND CALL   2011-05-02 2011-09-19
ROYCE MICRO-CAP TR   2011-06-23 2011-09-27
ROYCE MICRO-CAP TR   2011-03-23 2011-09-27
JPMORGAN CHASE & CO. NTS ISIN   2010-11-30 2011-09-29
THE BEAR STEARNS COMPANIES INC   2010-08-06 2011-09-30
ISHARES TR S&P MC 400 GRW   2011-02-04 2011-10-14
ISHARES TR S&P MC 400 GRW   2011-02-04 2011-10-27
FEDERAL HOME LOAN BANKS DEBENT   2011-01-27 2011-10-31
OPPENHEIMER INTERNATIONAL   2010-12-21 2011-12-06
OPPENHEIMER INTERNATIONAL   2009-12-16 2011-12-06
OPPENHEIMER INTERNATIONAL   2009-04-04 2011-12-06
EATON VANCE GLOBAL MACRO   2010-06-10 2011-12-07
FRANKLIN FLOATING RATE DAILY   2011-02-15 2011-12-16
PIMCO UNCONSTRAINED BOND   2011-04-01 2011-12-16
PIMCO UNCONSTRAINED BOND   2011-01-03 2011-12-16
PIMCO UNCONSTRAINED BOND   2011-02-01 2011-12-16
PIMCO UNCONSTRAINED BOND   2011-03-01 2011-12-16
PIMCO UNCONSTRAINED BOND   2011-05-02 2011-12-16
PIMCO UNCONSTRAINED BOND   2011-06-01 2011-12-16
PIMCO UNCONSTRAINED BOND   2011-07-01 2011-12-16
PIMCO UNCONSTRAINED BOND   2011-08-01 2011-12-16
PIMCO UNCONSTRAINED BOND   2011-09-01 2011-12-16
PIMCO UNCONSTRAINED BOND   2010-12-13 2011-12-16
PIMCO UNCONSTRAINED BOND   2011-11-01 2011-12-16
PIMCO UNCONSTRAINED BOND   2011-10-03 2011-12-16
PIMCO UNCONSTRAINED BOND   2011-12-02 2011-12-16
BLACKROCK GLOBAL ALLOCATION   2009-07-15 2011-12-19
ROYCE MICRO-CAP TR   2011-06-23 2011-12-23
(e) Gross sales price (f) Depreciation allowed
(or allowable) 		(g) Cost or other basis
plus expense of sale 		(h) Gain or (loss)
(e) plus (f) minus (g)
a 150,000   151,357 -1,357
b 12,555   8,837 3,718
c 17,545   11,046 6,499
d 148,115   257 147,858
e 173,874   154,602 19,272
481,492   429,450 52,042
18,139   12,090 6,049
27,985   18,135 9,850
28,467   20,327 8,140
486,737   429,450 57,287
330,489   286,300 44,189
253,108   1,208 251,900
281,627   226,177 55,450
535,490   429,450 106,040
12,909   6,000 6,909
13,345   6,000 7,345
363,988   286,300 77,688
14,779     14,779
281,590   251,944 29,646
544   546 -2
732   662 70
227,859   123,260 104,599
370,488   286,300 84,188
563,239   429,450 133,789
566,984   429,450 137,534
2,015     2,015
38,394   34,356 4,038
125,000   125,125 -125
100,000   101,706 -1,706
3,699   2,940 759
174,085   117,998 56,087
54,233   28,721 25,512
43,996   29,040 14,956
4   3 1
16   12 4
27,793   19,201 8,592
64,850   45,295 19,555
140,392   96,003 44,389
51,940   34,129 17,811
14,349   9,431 4,918
77,974   50,820 27,154
11,445   3,005 8,440
25   16 9
2,917   2,427 490
3,145   2,332 813
3,432   2,400 1,032
66,459   44,801 21,658
1,395   600 795
13,645   6,000 7,645
33,784   24,926 8,858
6,077   2,568 3,509
12,550   5,400 7,150
14,050   6,000 8,050
1,230   907 323
28,662   20,556 8,106
9,695   9,336 359
3,644   3,006 638
9,885   9,105 780
3,979   2,975 1,004
68,415   50,285 18,130
8,117   3,432 4,685
14,400   6,000 8,400
100,000   101,763 -1,763
2   2 0
46,196   47,111 -915
349   356 -7
528   533 -5
85   85 0
555   554 1
2,287   2,279 8
25,000   24,955 45
2   2 0
1   1 0
5   5 0
14,795   6,000 8,795
100,000   98,005 1,995
48,611   51,361 -2,750
100,000   97,025 2,975
122,393   127,092 -4,699
44,178   25,530 18,648
100,306   104,530 -4,224
5,545     5,545
2   2 0
1   1 0
106,297   107,893 -1,596
108,110   112,290 -4,180
68,836   73,171 -4,335
103,393   104,530 -1,137
110,000   106,265 3,735
914   957 -43
1,120   1,039 81
178,202   119,409 58,793
200,000   209,687 -9,687
100,000   104,994 -4,994
412   419 -7
580   587 -7
478   485 -7
347   353 -6
283   288 -5
337   341 -4
204   207 -3
134   136 -2
102   102 0
121,657   122,772 -1,115
108   108 0
113   113 0
134   133 1
25,000   22,586 2,414
3   3 0
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l) Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i) F.M.V. as of 12/31/69 (j) Adjusted basis
as of 12/31/69 		(k) Excess of col. (i)
over col. (j), if any
a       -1,357
b       3,718
c       6,499
d       147,858
e       19,272
      52,042
      6,049
      9,850
      8,140
      57,287
      44,189
      251,900
      55,450
      106,040
      6,909
      7,345
      77,688
      14,779
      29,646
      -2
      70
      104,599
      84,188
      133,789
      137,534
      2,015
      4,038
      -125
      -1,706
      759
      56,087
      25,512
      14,956
      1
      4
      8,592
      19,555
      44,389
      17,811
      4,918
      27,154
      8,440
      9
      490
      813
      1,032
      21,658
      795
      7,645
      8,858
      3,509
      7,150
      8,050
      323
      8,106
      359
      638
      780
      1,004
      18,130
      4,685
      8,400
      -1,763
      0
      -915
      -7
      -5
      0
      1
      8
      45
      0
      0
      0
      8,795
      1,995
      -2,750
      2,975
      -4,699
      18,648
      -4,224
      5,545
      0
      0
      -1,596
      -4,180
      -4,335
      -1,137
      3,735
      -43
      81
      58,793
      -9,687
      -4,994
      -7
      -7
      -7
      -6
      -5
      -4
      -3
      -2
      0
      -1,115
      0
      0
      1
      2,414
      0
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 1,759,861
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see pages 13 and 17 of the instructions).
If (loss), enter -0- in Part I, line 8 . . . . . . . . . . . . . 		Bracket 3  
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)

If section 4940(d)(2) applies, leave this part blank.
Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period?
If “Yes,” the foundation does not qualify under section 4940(e). Do not complete this part.
1 Enter the appropriate amount in each column for each year; see page 18 of the instructions before making any entries.
(a)
Base period years Calendar
year (or tax year beginning in) 		(b)
Adjusted qualifying distributions 		(c)
Net value of noncharitable-use assets 		(d)
Distribution ratio
(col. (b) divided by col. (c))
2010 2,365,290 29,024,751 0.081492
2009 18,826,755 5,081,202 3.705177
2008 30,000 1,618,609 0.018534
2007 5,338,935 4,656,135 1.146645
2006 556,000 4,168,168 0.133392
2 Total of line 1, column (d) ...................... 2 5.085240
3 Average distribution ratio for the 5-year base period—divide the total on line 2 by 5, or by
the number of years the foundation has been in existence if less than 5 years. . . 		3 1.017048
4 Enter the net value of noncharitable-use assets for 2011 from Part X, line 5..... 4 33,043,369
5 Multiply line 4 by line 3....................... 5 33,606,692
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 25,118
7 Add lines 5 and 6......................... 7 33,631,810
8 Enter qualifying distributions from Part XII, line 4.............. 8 2,112,570
If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rate. See
the Part VI instructions on page 18.
Form 990-PF (2011)
Form 990-PF (2011)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see page 18 of the instructions)
1a Bulletand enter “N/A” on line 1. Bracket
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b 1 50,236
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2............................ 3 50,236
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-). 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 50,236
6 Credits/Payments:
a 2011 estimated tax payments and 2010 overpayment credited to 2011 6a 51,000
b Exempt foreign organizations—tax withheld at source....... 6b
c Tax paid with application for extension of time to file (Form 8868) 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 51,000
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 764
11 Enter the amount of line 10 to be: Credited to 2012 estimated taxBullet764 Refunded Bullet 11 0
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see page 19 of
the instructions for definition)?............................
1b
 
No
If the answer is “Yes” to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If “Yes,” attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If “Yes,” attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If “Yes,” has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If “Yes,” attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If “Yes,” complete Part II, col. (c), and Part XV.
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see page 19 of the
    instructions)bulletMN
    b
    If the answer is “Yes” to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If “No,” attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2011 or the taxable year beginning in 2011 (see instructions for Part XIV on
    page 27)? If “Yes,” complete Part XIV..........................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If “Yes,” attach a schedule listing their names and addresses.Click to see attachment
    10
    Yes
     
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. (see page 20 of the instructions) .......
    11
     
    No
    12
    Did the foundation acquire a direct or indirect interest in any applicable insurance contract before August 17, 2008?
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletDEAN WUEBKER ANDREAS OFFICE Telephone no.bullet (507) 345-1233
    Located atbullet40 GOOD COUNSEL DRIVE SUITE 10MANKATOMN ZIP+4bullet56001
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041.........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ......bullet
    15  
    16
    At any time during calendar year 2011, did the foundation have an interest in or a signature or other authority over
    a bank, securities, or other financial account in a foreign country? .................
    16
     
    No
    See page 20 of the instructions for exceptions and filing requirements for Form TD F 90-22.1. If "Yes", enter the name of the foreign country bullet  
    Form 990-PF (2011)
    Form 990-PF (2011)
    Page 5
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the “Yes” column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?.........................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?.................
    (6) Agree to pay money or property to a government official? (Exception. Check “No”
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).........
    b
    If any answer is “Yes” to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance (see page 20 of the instructions)?...
    1b
     
     
    .........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2011?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2011, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2011?...............
    If “Yes,” list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer “No” and attach statement—see page 20 of the instructions.) .........
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business
    enterprise at any time during the year?.....................
    b
    If “Yes,” did it have excess business holdings in 2011 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2011.)....................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2011?
    4b
     
    No
    5a
    During the year did the foundation pay or incur any amount to:
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?...............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 509(a)(1), (2), or (3), or section 4940(d)(2)? (see page 22 of the instructions)...
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?........
    b
    If any answer is “Yes” to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance (see page 22 of the instructions)?
    5b
    Yes
     
    .........bullet
    c
    If the answer is “Yes” to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?............
    If “Yes,” attach the statement required by Regulations section 53.4945–5(d). Click to see attachment
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay
    premiums on a personal benefit contract?....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?....
    6b
     
    No
    If “Yes” to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    Form 990-PF (2011)
    Form 990-PF (2011)
    Page 6
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation (see page 22 of the instructions).
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to
    employee benefit plans
    and deferred compensation     		(e) Expense account,
    other allowances
    ANDREAS LEE PRESIDENT & SECRETARY
    0.00     		0 0 0
    2155 EMERALD ROAD
    BOULDER,CO80304
    DAVID ANDREAS V.P. & TREAS
    0.00     		0 0 0
    4501 STRAWBERRY LANE
    GOLDEN VALLEY,MN55416
    CAYMAN CAMPBELL TRUSTEE
    0.00     		0 0 0
    624 BAY312 HELMSDALE DRIVE
    CHAPEL HILL,NC27517
    JASON LEE TRUSTEE
    0.00     		0 0 0
    2320 RESERVOIR STREET
    LOS ANGELES,CA90026
    2 Compensation of five highest-paid employees (other than those included on line 1—see page 23 of the instructions).
    If none, enter “NONE.”
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    3 Five highest-paid independent contractors for professional services (see page 23 of the instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1
     
    2  
    3  
    4  
    Form 990-PF (2011)
    Form 990-PF (2011)
    Page 7
    Part IX-B
    Summary of Program-Related Investments (see page 23 of the instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See page 24 of the instructions.
    3  
    Total. Add lines 1 through 3..........................bullet0
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,
    see page 24 of the instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    23,752,020
    b
    Average of monthly cash balances.......................
    1b
    9,794,548
    c
    Fair market value of all other assets (see page 24 of the instructions)............
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    33,546,568
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    33,546,568
    4
    Cash deemed held for charitable activities. Enter 1 1⁄2% of line 3 (for greater amount, see page 25
    of the instructions) ...........................
    4
    503,199
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    33,043,369
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    1,652,168
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    1,652,168
    2a
    Tax on investment income for 2011 from Part VI, line 5......
    2a
    50,236
    b
    Income tax for 2011. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    50,236
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,601,932
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    1,601,932
    6
    Deduction from distributable amount (see page 25 of the instructions)...........
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII,
    line 1................................
    7
    1,601,932
    Part XII
    Qualifying Distributions (see page 25 of the instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
    2,112,570
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    2,112,570
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b (see page 26 of the instructions)............
    5
    0
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    2,112,570
    Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
    the section 4940(e) reduction of tax in those years.
    Form 990-PF (2011)
    Form 990-PF (2011)
    Page 8
    Part XIII
    Undistributed Income (see page 26 of the instructions)
    (a)
    Corpus     		(b)
    Years prior to 2010     		(c)
    2010     		(d)
    2011
    1 Distributable amount for 2011 from Part XI, line 7 1,601,932
    2 Undistributed income, if any, as of the end of 2011:
    a Enter amount for 2010 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2011:
    a From 2006....... 392,976
    b From 2007....... 5,109,264
    c From 2008.......  
    d From 2009....... 18,576,661
    e From 2010....... 953,301
    fTotal of lines 3a through e......... 25,032,202
    4Qualifying distributions for 2011 from Part
    XII, line 4: bullet$ 2,112,570
    a Applied to 2010, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see page 26 of the instructions)    		 0
    c Treated as distributions out of corpus (Election
    required—see page 26 of the instructions)...     		0
    d Applied to 2011 distributable amount..... 1,601,932
    e Remaining amount distributed out of corpus 510,638
    5 Excess distributions carryover applied to 2011. 0 0
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 25,542,840
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ...........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable
    amount—see page 27 of the instructions ...     		0
    e Undistributed income for 2010. Subtract line
    4a from line 2a. Taxable amount—see page 27
    of the instructions ...........     		0
    f Undistributed income for 2011. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2011 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (see page 27
    of the instructions) ...........     		0
    8Excess distributions carryover from 2006 not
    applied on line 5 or line 7 (see page 27 of the
    instructions) .............     		392,976
    9Excess distributions carryover to 2012.
    Subtract lines 7 and 8 from line 6a ......     		25,149,864
    10 Analysis of line 9:
    a Excess from 2007.... 5,109,264
    b Excess from 2008....  
    c Excess from 2009.... 18,576,661
    d Excess from 2010.... 953,301
    e Excess from 2011.... 510,638
    Form 990-PF (2011)
    Form 990-PF (2011)
    Page 9
    Part XIV
    Private Operating Foundations (see page 27 of the instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2011, enter the date of the ruling.......bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2011 (b) 2010 (c) 2009 (d) 2008
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ....     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets” alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment” alternative test— enter 2⁄3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support” alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the organization had $5,000 or more in
    assets at any time during the year—see page 27 of the instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    ANDREAS LEE
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2011)
    Form 990-PF (2011)
    Page 10
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    A PLACE CALLED HOME
    2830 S CENTRAL AVENUE
    LOS ANGELES,CA90011     		N/A SEE GENERAL EXPLANAT GRANT IS FOR RECIPIENTS GENERAL FUND 5,000
    AH OF MONROE COUNTY INC
    1434 KENNEDY DRIVE
    KEY WEST,FL33040     		N/A SEE GENERAL EXPLANAT GRANT IS FOR RECIPIENTS GENERAL FUND 1,000
    BAY PRESBYTERIAN CHURCH
    26911 SOUTH BAY DRIVE
    BONITA SPRINGS,FL34134     		N/A SEE GENERAL EXPLANAT GRANT IS FOR RECIPIENTS GENERAL FUND 100,000
    BETHANY LUTHERAN COLLEGE
    700 LUTHER DRIVE
    MANKATO,MN56001     		N/A SEE GENERAL EXPLANAT GRANT IS FOR RECIPIENTS GENERAL FUND 25,000
    BIG BROTHERS BIG SISTERS
    545 DUNNELL DRIVE
    OWATONNA,MN55060     		N/A SEE GENERAL EXPLANAT GRANT IS FOR RECIPIENTS GENERAL FUND 13,000
    BLUE SKY BRIDGE
    PO BOX 19122
    BOULDER,CO80308     		N/A SEE GENERAL EXPLANAT GRANT IS FOR RECIPIENTS GENERAL FUND 3,000
    BOYSGIRLS CLUBS OF E PIEDMONT
    PO BOX 1788
    PITTSBORO,NC27312     		N/A SEE GENERAL EXPLANAT GRANT IS FOR RECIPIENTS GENERAL FUND 20,000
    BRECK SCHOOL
    123 OTTAWA AVENUE N
    MINNEAPOLIS,MN55422     		N/A SEE GENERAL EXPLANAT GRANT IS FOR RECIPIENTS GENERAL FUND 5,000
    CAMP PATTERSON INC
    46813 CAPE HORN ROAD
    CLEVELAND,MN56017     		N/A SEE GENERAL EXPLANAT GRANT IS FOR RECIPIENTS GENERAL FUND 5,000
    CAROLINA OUTREACH FOUNDATION
    2670 DURHAM CHAPEL HILL BLVD
    DURHAM,NC27707     		N/A SEE GENERAL EXPLANAT GRANT IS FOR RECIPIENTS GENERAL FUND 10,000
    CENTER FOR VICTIMS OF TORTURE
    717 E RIVER ROAD
    MINNEAPOLIS,MN55455     		N/A SEE GENERAL EXPLANAT GRANT IS FOR RECIPIENTS GENERAL FUND 12,000
    CHILDREN'S HEARTLINK
    5075 ARCADIA AVE
    MINNEAPOLIS,MN554362306     		N/A SEE GENERAL EXPLANAT GRANT IS FOR RECIPIENTS GENERAL FUND 10,000
    CHILDREN'S MUSEUM OF SO MN
    PO BOX 3103
    MANKATO,MN560023103     		N/A SEE GENERAL EXPLANAT GRANT IS FOR RECIPIENTS GENERAL FUND 25,000
    CHILDREN'S THEATRE COMPANY
    2400 3RD AVENUE S
    MINNEAPOLIS,MN55404     		N/A SEE GENERAL EXPLANAT GRANT IS FOR RECIPIENTS GENERAL FUND 1,000
    COLORADO SEMINARYUNIV OF DENVER
    2199 S UNIVERSITY BLVD
    DENVER,CO80210     		N/A SEE GENERAL EXPLANAT GRANT IS FOR RECIPIENTS GENERAL FUND 15,000
    COMMUNITY PARTNERS
    1000 N ALAMEDA STREET SUITE 240
    LOS ANGELES,CA90012     		N/A SEE GENERAL EXPLANAT GRANT IS FOR RECIPIENTS GENERAL FUND 5,000
    DAIRY CENTER FOR THE ARTS
    2590 WALNUT STREET
    BOULDER,CO80302     		N/A SEE GENERAL EXPLANAT GRANT IS FOR RECIPIENTS GENERAL FUND 10,000
    ECHO FOOD SHELF
    PO BOX 3212
    MANKATO,MN560023212     		N/A SEE GENERAL EXPLANAT GRANT IS FOR RECIPIENTS GENERAL FUND 15,000
    ECUMEN FOUNDATION
    3530 LEXINGTON AVE N
    SHOREVIEW,MN55126     		N/A SEE GENERAL EXPLANAT GRANT IS FOR RECIPIENTS GENERAL FUND 10,000
    FEEDING OUR COMMUNITY
    PO BOX 5275
    MANKATO,MN56002     		N/A SEE GENERAL EXPLANAT GRANT IS FOR RECIPIENTS GENERAL FUND 10,000
    FILM INDEPENDENT INC
    9911 W PICO BLVD 11TH FLOOR
    LOS ANGELES,CA90035     		N/A SEE GENERAL EXPLANAT GRANT IS FOR RECIPIENTS GENERAL FUND 5,000
    FLORIDA KEYS CHILDRENS SHELTER
    73 HIGH POINT ROAD
    TAVERNIER,FL33070     		N/A SEE GENERAL EXPLANAT GRANT IS FOR RECIPIENTS GENERAL FUND 2,000
    FRANCONIA SCULPTURE PARK
    29836 ST CROIX TRAIL
    FRANCONIA,MN55074     		N/A SEE GENERAL EXPLANAT GRANT IS FOR RECIPIENTS GENERAL FUND 40,000
    GEFFEN PLAYHOUSE
    10886 LE CONTE AVE
    LOS ANGELES,CA90024     		N/A SEE GENERAL EXPLANAT GRANT IS FOR RECIPIENTS GENERAL FUND 5,000
    GLOBAL EDUCATION FUND
    1105 SPRUCE STREET
    BOULDER,CO80302     		N/A SEE GENERAL EXPLANAT GRANT IS FOR RECIPIENTS GENERAL FUND 10,000
    GREATER MANKATO UNITED WAY
    101 N 2ND STREET 100
    MANKATO,MN56001     		N/A SEE GENERAL EXPLANAT GRANT IS FOR RECIPIENTS GENERAL FUND 25,000
    GREATER MKTO EARLY LEARNING
    10 CIVIC CENTER PLAZA SUITE 2
    MANKATO,MN56001     		N/A SEE GENERAL EXPLANAT GRANT IS FOR RECIPIENTS GENERAL FUND 20,000
    GREATER MPLS CRISIS NURSERY
    5400 GLENWOOD AVENUE
    GOLDEN VALLEY,MN55422     		N/A SEE GENERAL EXPLANAT GRANT IS FOR RECIPIENTS GENERAL FUND 3,000
    GREATER TWIN CITIES UNITED WAY
    404 S EIGHTH STREET
    MINNEAPOLIS,MN55404     		N/A SEE GENERAL EXPLANAT GRANT IS FOR RECIPIENTS GENERAL FUND 24,000
    GROVES ACADEMY
    3200 HWY 100 SOUTH
    ST LOUIS PARK,MN55416     		N/A SEE GENERAL EXPLANAT GRANT IS FOR RECIPIENTS GENERAL FUND 205,000
    GROWE FOUNDATION
    357 MAIN STREET 7
    LONGMONT,CO80504     		N/A SEE GENERAL EXPLANAT GRANT IS FOR RECIPIENTS GENERAL FUND 3,000
    GUTHRIE THEATRE
    818 SOUTH 2ND STREET
    MINNEAPOLIS,MN55415     		N/A SEE GENERAL EXPLANAT GRANT IS FOR RECIPIENTS GENERAL FUND 10,000
    HABITAT FOR HUMANITY
    PO BOX 222
    MANKATO,MN56002     		N/A SEE GENERAL EXPLANAT GRANT IS FOR RECIPIENTS GENERAL FUND 10,000
    HABITAT FOR HUMANITY - LA
    17700 S FIGUEROA STREET
    GARDENA,CA90248     		N/A SEE GENERAL EXPLANAT GRANT IS FOR RECIPIENTS GENERAL FUND 5,000
    HAVERFORD COLLEGE
    370 LANCASTER AVE
    HAVERFORD,PA19041     		N/A SEE GENERAL EXPLANAT GRANT IS FOR RECIPIENTS GENERAL FUND 18,000
    HOSPICE FAMILY FUNDRAISER
    1025 MARSH STREET
    MANKATO,MN56001     		N/A SEE GENERAL EXPLANAT GRANT IS FOR RECIPIENTS GENERAL FUND 5,000
    HOUSE OF HOPE INC
    BOX 291
    MANKATO,MN56001     		N/A SEE GENERAL EXPLANAT GRANT IS FOR RECIPIENTS GENERAL FUND 15,000
    HUNGER SOLUTIONS MINNESOTA
    555 PARK STREET SUITE 420
    ST PAUL,MN55103     		N/A SEE GENERAL EXPLANAT GRANT IS FOR RECIPIENTS GENERAL FUND 3,500
    I HAVE A DREAM FOUNDATION
    3012 STERLING CIRCLE SUITE 200
    BOULDER,CO80301     		N/A SEE GENERAL EXPLANAT GRANT IS FOR RECIPIENTS GENERAL FUND 3,000
    ILLUSION THEATER
    528 HENNEPIN AVE STE 704
    MINNEAPOLIS,MN55403     		N/A SEE GENERAL EXPLANAT GRANT IS FOR RECIPIENTS GENERAL FUND 10,000
    INTERVARSITY CHRISTIAN FELLOWSHIP
    PO BOX 7895
    MADISON,WI53707     		N/A SEE GENERAL EXPLANAT GRANT IS FOR RECIPIENTS GENERAL FUND 5,000
    ISJ HOSPITAL FOUNDATION
    1025 MARSH STREET
    MANKATO,MN56001     		N/A SEE GENERAL EXPLANAT GRANT IS FOR RECIPIENTS GENERAL FUND 50,000
    ISLAMORADA FOUNDATION INC
    PO BOX 1315
    ISLAMORADA,FL33036     		N/A SEE GENERAL EXPLANAT GRANT IS FOR RECIPIENTS GENERAL FUND 2,000
    JUNIOR LEAGUE MINNEAPOLIS
    410 OAK GROVE STREET
    MINNEAPOLIS,MN55403     		N/A SEE GENERAL EXPLANAT GRANT IS FOR RECIPIENTS GENERAL FUND 1,000
    KIDS AGAINST HUNGER
    500 PATTERSON AVENUE
    MANKATO,MN56001     		N/A SEE GENERAL EXPLANAT GRANT IS FOR RECIPIENTS GENERAL FUND 20,000
    KIDZU
    105 E FRANKLIN STREET
    CHAPEL HILL,NC27514     		N/A SEE GENERAL EXPLANAT GRANT IS FOR RECIPIENTS GENERAL FUND 1,000
    LAKE FOREST ACADEMY
    1500 W KENNEDY ROAD
    LAKE FOREST,IL60045     		N/A SEE GENERAL EXPLANAT GRANT IS FOR RECIPIENTS GENERAL FUND 30,000
    LAWS OF LIFE - MANKATO
    110 CRESTWOOD DRIVE
    MANKATO,MN56003     		N/A SEE GENERAL EXPLANAT GRANT IS FOR RECIPIENTS GENERAL FUND 2,400
    LEEP
    929 N 4TH STREET
    MANKATO,MN56001     		N/A SEE GENERAL EXPLANAT GRANT IS FOR RECIPIENTS GENERAL FUND 1,000
    LOS ANGELES WOMEN'S SHAKESPEARE
    1158 26TH STREET SUITE 399
    SANTA MONICA,CA90403     		N/A SEE GENERAL EXPLANAT GRANT IS FOR RECIPIENTS GENERAL FUND 7,500
    LOTUS SURVIVAL FOUNDATION
    8105 FAYETTEVILLE RD STE 121
    RALEIGH,NC27603     		N/A SEE GENERAL EXPLANAT GRANT IS FOR RECIPIENTS GENERAL FUND 5,000
    LOWER DEPTH THEATRE ENSEMBLE
    137 N LARCHMONT BLVD 101
    LOS ANGELES,CA90004     		N/A SEE GENERAL EXPLANAT GRANT IS FOR RECIPIENTS GENERAL FUND 15,000
    MACKINTOSH ACADEMY
    7018 S PRINCE STREET
    LITTLETON,CO80120     		N/A SEE GENERAL EXPLANAT GRANT IS FOR RECIPIENTS GENERAL FUND 325,000
    MACPHAIL CENTER FOR MUSIC
    501 S 2ND STREET
    MINNEAPOLIS,MN55401     		N/A SEE GENERAL EXPLANAT GRANT IS FOR RECIPIENTS GENERAL FUND 5,000
    MANKATO AREA FND-SCULPTURE WALK
    220 E MAIN STREET SUITE 5
    MANKATO,MN56001     		N/A SEE GENERAL EXPLANAT GRANT IS FOR RECIPIENTS GENERAL FUND 10,000
    MANKATO AREA FNDT-CCP
    220 E MAIN STREET SUITE 5
    MANKATO,MN56001     		N/A SEE GENERAL EXPLANAT GRANT IS FOR RECIPIENTS GENERAL FUND 5,000
    MANKATO AREA FNDT-M HEINTZ FUND
    220 E MAIN STREET SUITE 5
    MANKATO,MN56001     		N/A SEE GENERAL EXPLANAT GRANT IS FOR RECIPIENTS GENERAL FUND 20,000
    MANKATO AREA FNDT-VISION VESTOR
    220 E MAIN STREET NO 5
    MANKATO,MN56001     		N/A SEE GENERAL EXPLANAT GRANT IS FOR RECIPIENTS GENERAL FUND 7,500
    MANKATO SYMPHONY ORCHESTRA
    PO BOX 645
    MANKATO,MN56001     		N/A SEE GENERAL EXPLANAT GRANT IS FOR RECIPIENTS GENERAL FUND 11,000
    MARINERS HOSPITAL INC
    91500 OVERSEAS HWY
    TAVERNIER,FL33070     		N/A SEE GENERAL EXPLANAT GRANT IS FOR RECIPIENTS GENERAL FUND 5,000
    MARQUETTE-ALGER RESA
    321 EAST OHIO STREET
    MARQUETTE,MI59855     		N/A SEE GENERAL EXPLANAT GRANT IS FOR RECIPIENTS GENERAL FUND 10,000
    MEDICAL FOUNDATION OF NC
    CAMPUS BOX 7295
    CHAPEL HILL,NC27599     		N/A SEE GENERAL EXPLANAT GRANT IS FOR RECIPIENTS GENERAL FUND 9,850
    MEDICINE HORSE PROGRAM
    8778 ARAPAHOE ROAD
    BOULDER,CO80303     		N/A SEE GENERAL EXPLANAT GRANT IS FOR RECIPIENTS GENERAL FUND 3,000
    MERELY PLAYERS THEATRE
    PO BOX 3637
    MANKATO,MN56002     		N/A SEE GENERAL EXPLANAT GRANT IS FOR RECIPIENTS GENERAL FUND 2,000
    MICROGRANTS
    1035 EAST FRANKLIN AVE
    MINNEAPOLIS,MN55404     		N/A SEE GENERAL EXPLANAT GRANT IS FOR RECIPIENTS GENERAL FUND 30,000
    MINNEAPOLIS COLLEGE OF ART & DESIGN
    2501 STEVENS AVENUE SOUTH
    MINNEAPOLIS,MN55404     		N/A SEE GENERAL EXPLANAT GRANT IS FOR RECIPIENTS GENERAL FUND 53,000
    MINNESOTA ORCHESTRA
    1111 NICOLLET MALL
    MINNEAPOLIS,MN55403     		N/A SEE GENERAL EXPLANAT GRANT IS FOR RECIPIENTS GENERAL FUND 500
    MINNESOTA PUBLIC RADIO
    480 CEDAR STREET
    ST PAUL,MN55101     		N/A SEE GENERAL EXPLANAT GRANT IS FOR RECIPIENTS GENERAL FUND 1,500
    MINNESOTA YOUTH SYMPHONIES
    790 CLEVELAND AVE S STE 203
    ST PAUL,MN55116     		N/A SEE GENERAL EXPLANAT GRANT IS FOR RECIPIENTS GENERAL FUND 5,000
    MINNPOSTCOM
    900 6TH AVENUE SE STE 220
    MINNEAPOLIS,MN55414     		N/A SEE GENERAL EXPLANAT GRANT IS FOR RECIPIENTS GENERAL FUND 5,000
    MN CIVIL LIBERTIES UNION FOUNDATION
    2300 MYRTLE AVE STE 180
    ST PAUL,MN55114     		N/A SEE GENERAL EXPLANAT GRANT IS FOR RECIPIENTS GENERAL FUND 20,000
    MN FILM & TELEVISION BOARD
    401 NORTH 3RD ST STE 440
    MINNEAPOLIS,MN55409     		N/A SEE GENERAL EXPLANAT GRANT IS FOR RECIPIENTS GENERAL FUND 1,000
    MN IND SCHOOL FORUM INC
    445 MN STREET SUITE 505
    ST PAUL,MN55101     		N/A SEE GENERAL EXPLANAT GRANT IS FOR RECIPIENTS GENERAL FUND 1,500
    MN ORCHESTRAL ASSOCIATION
    1111 NICOLLET MALL
    MINNEAPOLIS,MN55403     		N/A SEE GENERAL EXPLANAT GRANT IS FOR RECIPIENTS GENERAL FUND 500
    MONTESSORI DAY SCHOOL PARENT GROUP
    1165 WEAVER DAIRY ROAD
    CHAPEL HILL,NC37514     		N/A SEE GENERAL EXPLANAT GRANT IS FOR RECIPIENTS GENERAL FUND 10,000
    MRCI FOUNDATION
    15 MAP DRIVE
    MANKATO,MN56001     		N/A SEE GENERAL EXPLANAT GRANT IS FOR RECIPIENTS GENERAL FUND 10,000
    MSU FNDT - 38 SCHOLARS
    126 ALUMNI FNDT CENTER
    MANKATO,MN56001     		N/A SEE GENERAL EXPLANAT GRANT IS FOR RECIPIENTS GENERAL FUND 3,000
    MSU FNDT - CAMPUS KITCHENS
    126 ALUMNI FNDT CENTER
    MANKATO,MN56001     		N/A SEE GENERAL EXPLANAT GRANT IS FOR RECIPIENTS GENERAL FUND 10,000
    MSU FNDT - COLLEGE OF BUSINESS
    126 ALUMNI FNDT CENTER
    MANKATO,MN56001     		N/A SEE GENERAL EXPLANAT GRANT IS FOR RECIPIENTS GENERAL FUND 3,000
    MSU FNDT - COLLEGE SOCIALBEHAVORIAL
    126 ALUMNI FOUNDATION CENTER
    MANKATO,MN56001     		N/A SEE GENERAL EXPLANAT GRANT IS FOR RECIPIENTS GENERAL FUND 3,000
    MSU FNDT - KMSU
    126 ALUMNI FNDT CENTER
    MANKATO,MN56001     		N/A SEE GENERAL EXPLANAT GRANT IS FOR RECIPIENTS GENERAL FUND 3,000
    MSU FNDT - PRESIDENTIAL SCHOLARSHIP
    126 ALUMNI FNDT CENTER
    MANKATO,MN56001     		N/A SEE GENERAL EXPLANAT GRANT IS FOR RECIPIENTS GENERAL FUND 5,000
    MSU FNDT - UNIV ACHIEVEMENT FUND
    126 ALUMNI FNDT CENTER
    MANKATO,MN56001     		N/A SEE GENERAL EXPLANAT GRANT IS FOR RECIPIENTS GENERAL FUND 3,000
    MSU FNDT-ANDREAS AM INDIAN SCHOLARSHIP
    126 ALUMNI FNDT CENTER
    MANKATO,MN56001     		N/A SEE GENERAL EXPLANAT GRANT IS FOR RECIPIENTS GENERAL FUND 35,000
    NAPA COUNTY LAND TRUST
    1700 SOSCOL AVE STE 20
    NAPA,CA94559     		N/A SEE GENERAL EXPLANAT GRANT IS FOR RECIPIENTS GENERAL FUND 10,000
    NCH HEALTHCARE FOUNDATION
    PO BOX 234
    NAPLES,FL34106     		N/A SEE GENERAL EXPLANAT GRANT IS FOR RECIPIENTS GENERAL FUND 10,000
    NCVO
    PO BOX 1140
      GRAND CAYMAN  
    CJ     		N/A FOREIGN CHARITY SEE STATEMENT 8 142,850
    PAGE EDUCATION FOUNDATION
    PO BOX 581254
    MINNEAPOLIS,MN55458     		N/A SEE GENERAL EXPLANAT GRANT IS FOR RECIPIENTS GENERAL FUND 5,000
    PARLANDO SCHOOL FOR THE ARTS
    2590 WALNUT STREET
    BOULDER,CO80302     		N/A SEE GENERAL EXPLANAT GRANT IS FOR RECIPIENTS GENERAL FUND 5,000
    PARTNERS FOR AFFORDABLE HOUSEING
    121 AHLSTROM ROAD APT 2
    MANKATO,MN56001     		N/A SEE GENERAL EXPLANAT GRANT IS FOR RECIPIENTS GENERAL FUND 35,000
    PLANNED PARENTHOOD MNNDSD
    220 ROBERT ST S STE 207
    ST PAUL,MN55107     		N/A SEE GENERAL EXPLANAT GRANT IS FOR RECIPIENTS GENERAL FUND 3,000
    RONALD MCDONALD HOUSE CHAPEL HILL
    101 OLD MASON FARM ROAD
    CHAPEL HILL,NC27517     		N/A SEE GENERAL EXPLANAT GRANT IS FOR RECIPIENTS GENERAL FUND 9,870
    SAFEHOUSE PROGRESSIVE ALLIANCE
    835 NORTH STREET
    BOULDER,CO80304     		N/A SEE GENERAL EXPLANAT GRANT IS FOR RECIPIENTS GENERAL FUND 3,000
    SCHOLARSHIP AMERICA INC
    ONE SCHOLARSHIP WAY
    ST PETER,MN56082     		N/A SEE GENERAL EXPLANAT GRANT IS FOR RECIPIENTS GENERAL FUND 3,600
    SCHOOL FOR FIELD STUDIES INC
    10 FEDERAL STREET SUITE 24
    SALEM,MN01970     		N/A SEE GENERAL EXPLANAT GRANT IS FOR RECIPIENTS GENERAL FUND 5,000
    SECOND HARVEST HEARTLAND
    1140 GERVAIS AVENUE
    ST PAUL,MN55109     		N/A SEE GENERAL EXPLANAT GRANT IS FOR RECIPIENTS GENERAL FUND 1,000
    SECU FAMILY HOUSE AT UNC
    PO BOX 16606
    CHAPEL HILL,NC27516     		N/A SEE GENERAL EXPLANAT GRANT IS FOR RECIPIENTS GENERAL FUND 25,000
    SHARING AND CARING HANDS
    525 N 7TH STREET
    MINNEAPOLIS,MN55405     		N/A SEE GENERAL EXPLANAT GRANT IS FOR RECIPIENTS GENERAL FUND 10,000
    SMILE NETWORK INT'L
    211 N 1ST ST SUITE 150
    MINNEAPOLIS,MN55401     		N/A SEE GENERAL EXPLANAT GRANT IS FOR RECIPIENTS GENERAL FUND 2,000
    SOUTH CENTRAL COLLEGE
    1920 LEE BOULEVARD
    NORTH MANKATO,MN56003     		N/A SEE GENERAL EXPLANAT GRANT IS FOR RECIPIENTS GENERAL FUND 7,500
    SOUTHERN MN INITIATIVE FNDT
    525 FLORENCE AVENUE
    OWATONNA,MN55060     		N/A SEE GENERAL EXPLANAT GRANT IS FOR RECIPIENTS GENERAL FUND 25,000
    SPECIAL OLYMPICS MINNESOTA INC
    100 WASHINGTON AVE S STE 550
    MINNEAPOLIS,MN55401     		N/A SEE GENERAL EXPLANAT GRANT IS FOR RECIPIENTS GENERAL FUND 2,000
    ST DAVID'S RELIEF
    4355 I-30 SUITE 101
    MESQUITE,TX75150     		N/A SEE GENERAL EXPLANAT GRANT IS FOR RECIPIENTS GENERAL FUND 25,000
    SWIM FOR SMILES FOUNDATION
    210 OLD BARN LANE
    CHAPEL HILL,NC27517     		N/A SEE GENERAL EXPLANAT GRANT IS FOR RECIPIENTS GENERAL FUND 1,000
    TAKE STOCK IN CHILDREN INC
    8600 NW 36 STREET SUITE 500
    MIAMI,FL33166     		N/A SEE GENERAL EXPLANAT GRANT IS FOR RECIPIENTS GENERAL FUND 2,000
    THERE WITH CARE
    4949 NORTH BROADWAY SUITE 124
    BOULDER,CO80304     		N/A SEE GENERAL EXPLANAT GRANT IS FOR RECIPIENTS GENERAL FUND 25,000
    THORNE EDOLOGICAL INSTITUTE
    1466 NORTH 63RD STREET
    BOULDER,CO80303     		N/A SEE GENERAL EXPLANAT GRANT IS FOR RECIPIENTS GENERAL FUND 10,000
    TWIN CITIES PUBLIC TELEVISION
    172 4TH STREET E
    ST PAUL,MN55101     		N/A SEE GENERAL EXPLANAT GRANT IS FOR RECIPIENTS GENERAL FUND 3,000
    UNITED WAY INC
    1150 S OLIVE STREET SUITE T500
    LOS ANGELES,CA90015     		N/A SEE GENERAL EXPLANAT GRANT IS FOR RECIPIENTS GENERAL FUND 10,000
    UNITED WAY OF COLLIER COUNTY
    848 1ST AVENUE NORTH STE 240
    NAPLES,FL34102     		N/A SEE GENERAL EXPLANAT GRANT IS FOR RECIPIENTS GENERAL FUND 10,000
    UNIVERSITY OF ST THOMAS
    2115 SUMMIT AVENUE
    ST PAUL,MN55105     		N/A SEE GENERAL EXPLANAT GRANT IS FOR RECIPIENTS GENERAL FUND 15,000
    URBAN VENTURES FOUNDATION
    3041 FOURTH AVENUE SOUTH
    MINNEAPOLIS,MN55408     		N/A SEE GENERAL EXPLANAT GRANT IS FOR RECIPIENTS GENERAL FUND 40,000
    VICTORY JUNCTION GANG CAMP
    4500 ADAMS WAY
    RANDLEMAN,NC27317     		N/A SEE GENERAL EXPLANAT GRANT IS FOR RECIPIENTS GENERAL FUND 10,000
    VINE FAITH IN ACTION
    1618 THIRD AVENUE
    MANKATO,MN56001     		N/A SEE GENERAL EXPLANAT GRANT IS FOR RECIPIENTS GENERAL FUND 100,000
    VOICEFLORIDA KEYS CHILDREN INC
    97652 OVERSEAS HWY APT T12
    KEY LARGO,FL33037     		N/A SEE GENERAL EXPLANAT GRANT IS FOR RECIPIENTS GENERAL FUND 1,000
    VOICES FOR CHILDREN INC
    2305 CANYON ROAD
    BOULDER,CO80302     		N/A SEE GENERAL EXPLANAT GRANT IS FOR RECIPIENTS GENERAL FUND 3,000
    WESLEY HOUSE FAMILY SERVICE
    1304 TRUMAN AVENUE
    KEY WEST,FL33040     		N/A SEE GENERAL EXPLANAT GRANT IS FOR RECIPIENTS GENERAL FUND 2,000
    WHITE PLAINS CHILDREN'S CENTER
    313 SE MAYNARD ROAD
    CARY,NC27511     		N/A SEE GENERAL EXPLANAT GRANT IS FOR RECIPIENTS GENERAL FUND 20,000
    WOMEN'S WILDERNESS INSTITUTE
    5723 ARAPAHOE AVE B1
    BOULDER,CO80303     		N/A SEE GENERAL EXPLANAT GRANT IS FOR RECIPIENTS GENERAL FUND 3,000
    YMCA
    1401 S RIVERFRONT DRIVE
    MANKATO,MN56001     		N/A SEE GENERAL EXPLANAT GRANT IS FOR RECIPIENTS GENERAL FUND 10,000
    YMCA OF THE TRIANGLE AREA
    801 CORPORATE CTR DR STE 200
    RALEIGH,NC27607     		N/A SEE GENERAL EXPLANAT GRANT IS FOR RECIPIENTS GENERAL FUND 10,000
    YOUTH FRONTIER
    6009 EXCELSIOR BLVD
    MINNEAPOLIS,MN55416     		N/A SEE GENERAL EXPLANAT GRANT IS FOR RECIPIENTS GENERAL FUND 20,000
    YWCA - MANKATO
    209 S 2ND STREET SUITE 314
    MANKATO,MN56001     		N/A SEE GENERAL EXPLANAT GRANT IS FOR RECIPIENTS GENERAL FUND 10,000
    Total .................................bullet 3a 2,112,570
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2011)
    Form 990-PF (2011)
    Page 11
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See page 28 of
    the instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3Interest on savings and temporary cash investments     14 2,261  
    4 Dividends and interest from securities....     14 770,622  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6Net rental income or (loss) from personal property          
    7 Other investment income.....          
    8Gain or (loss) from sales of assets other than inventory     18 1,759,861  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 0 2,532,744 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    132,532,744
    (See worksheet in line 13 instructions on page 28 to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the organization’s exempt purposes (other than by providing funds for such purposes). (See
    page 28 of the instructions.)
    Form 990-PF (2011)
    Form 990-PF (2011)
    Page 12
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section
    Yes
    No
    501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is “Yes,” complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) of the Code (other than section 501(c)(3)) or in section 527?...........
    b
    If “Yes,” complete the following schedule.
    (a) Name of organization (b) Type of organization (c) Description of relationship
    SignHere
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer or fiduciary) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    Signature of officer or trustee Date Title
    PaidPreparersUseOnly Preparer's SignatureBullet Date PTIN
    Firm's namebullet



    Firm's addressbullet







         		Firm's EINbullet
    Phone no.
    Form 990-PF (2011)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description
    Schedule B
    (Form 990, 990-EZ,
    or 990-PF)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors
    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    OMB No. 1545-0047
    2011
    Name of organization
    L & N ANDREAS FOUNDATION
     
    Employer identification number

    36-3382956
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ





    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note. Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......................... Arrow Bullet   $    
    Caution. An Organization that is not covered by the General Rule and/or the Special Rules does not file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its
    Form 990-EZ or on Part I, line 2, of its Form 990-PF, to certify that it does not meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2011)

    Page 2
    Schedule B (Form 990, 990-EZ, or 990-PF) (2011)
    Name of organization
    L & N ANDREAS FOUNDATION
          		Employer identification number

    36-3382956
    Part I
    Contributors (see Instructions). Use duplicate copies of Part I if additional space is needed.
    		     
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    1
     
     

    DAVID ANDREAS    
    ANDREAS OFFICE
       
    MANKATO, MN   560023584

    		$671




    (Complete Part II if there is a noncash contribution.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    2
     
     

    ANDREAS LEE    
    ANDREAS OFFICE
       
    MANKATO, MN   560023584

    		$1,209




    (Complete Part II if there is a noncash contribution.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     

         
     
       

    		$  




    (Complete Part II if there is a noncash contribution.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     

         
     
       

    		$  




    (Complete Part II if there is a noncash contribution.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     

         
     
       

    		$  




    (Complete Part II if there is a noncash contribution.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     

         
     
       

    		$  




    (Complete Part II if there is a noncash contribution.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2011)

    Page 3
    Schedule B (Form 990, 990-EZ, or 990-PF) (2011)
    Name of organization
    L & N ANDREAS FOUNDATION
          		Employer identification number

    36-3382956
    Part II
    Noncash Property (see Instructions). Use duplicate copies of Part II if additional space is needed.
    		     
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions).     		(d)
    Date received
    1
    		 ARCHER DANIELS MIDLAND COMMON STOCK - 12,000 SHARES   $358,740 2011-10-27
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions).     		(d)
    Date received
    2
    		 ARCHER DANIELS MIDLAND COMMON STOCK - 7,100 SHARES   $249,956 2011-02-03
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions).     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions).     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions).     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions).     		(d)
    Date received
     
    		$    
    Schedule B (Form 990, 990-EZ, or 990-PF) (2011)

    Page 4
    Schedule B (Form 990, 990-EZ, or 990-PF) (2011)
    Name of organization
    L & N ANDREAS FOUNDATION
          		Employer identification number

    36-3382956
    Part III
    Exclusively religious, charitable, etc., individual contributions to section 501(c)(7), (8), or (10) organizations
    that total more than $1,000 for the year. Complete columns (a) through (e) and the following line entry.
    For organizations completing Part III, enter the total of exclusively religious, charitable, etc.,
    contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet $  
    Use duplicate copies of Part III if additional space is needed
    (a) No.
    from
    Part I    		 (b)
    Purpose of gift    		 (c)
    Use of gift    		 (d)
    Description of how gift is held
     
    (e)
    Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
           
     
    (a) No.
    from
    Part I    		 (b)
    Purpose of gift    		 (c)
    Use of gift    		 (d)
    Description of how gift is held
     
    (e)
    Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
           
     
    (a) No.
    from
    Part I    		 (b)
    Purpose of gift    		 (c)
    Use of gift    		 (d)
    Description of how gift is held
     
    (e)
    Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
           
     
    (a) No.
    from
    Part I    		 (b)
    Purpose of gift    		 (c)
    Use of gift    		 (d)
    Description of how gift is held
     
    (e)
    Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
           
     
    Schedule B (Form 990, 990-EZ, or 990-PF) (2011)

    Additional Data


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    TY 2011 ExpenditureResponsibilityStmt
    Name:
    L & N ANDREAS FOUNDATION
    EIN: 36-3382956
    Grantee's Name Grantee's Address Grant Date Grant Amount Grant Purpose Amount Expended By Grantee Any Diversion By Grantee? Dates of Reports By Grantee Date of Verification Results of Verification
    NCVO (NATIONAL COUNCIL OF VOLUNTARY ORGANIZATIONS)
          		PO BOX 1140 GT
      CAYMAN ISLANDS  
    CJ     		2011-05-10 142,850 $46,250 FOR THE GENERAL FUND OF THE NADINE ANDREAS RESIDENTIAL FOSTER HOME.$96,600 FOR SPECIAL PROJECTS FOR THE NADINE ANDREAS RESIDENTIAL FOSTER HOME. 142,850 TO THE KNOWLEDGE OF THE GRANTOR NO PART HAS BEEN DIVERTED FROM ITS PURPOSE. FINAL REPORTS OCTOBER 13, 2011 AND DECEMBER 5, 2011 2011-12-05 L & N ANDREAS FOUNDATION REVIEWED THE GRANT REPORTS ON OCTOBER 13, 2011 AND DECEMBER 5,2011 BUT DID NOT UNDERTAKE ANY VERIFICATION OF THE GRANTEE'S REPORTS AS THERE HAS NOT BEEN ANY REASON TO DOUBT THEIR ACCURACY OR RELIABILITY (REG. 53.4945-5(C)).

    TY 2011 GeneralExplanationAttachment
    Name:
    L & N ANDREAS FOUNDATION
    EIN: 36-3382956
    Identifier Return Reference Explanation
    GRANTS AND CONTRIBUTIONS FOUNDATION STATUS FORM 990 PF PART XV ITEM 3 990 PF PART XV ITEM 3 GRANTS AND CONTRIBUTIONS FOUNDATION STATUSALL RECIPIENTS OF GRANTS ARE PUBLIC CHARITIES, ORGANIZATIONS AS DESCRIBED IN SECTION 509 (A) (1), (2) OR (3). NONE ARE TYPE III ORGANIZATIONS. ALL DISTRIBUTIONS ARE QUALIFIED.

    TY 2011 InvestmentsCorpBondsSchedule
    Name:
    L & N ANDREAS FOUNDATION
    EIN: 36-3382956
    Name of Bond End of Year Book Value End of Year Fair Market Value
    AMERICAN CHARTERED SCHAUMBURG, IL 0 0
    AMERICAN EAGLE BANK CHICAGO CHICAGO, IL 102,985 102,907
    BANK HAPOALIM BM NY BR NEW YORK, NY 98,000 98,262
    BANK OF AMERICA CORPORATION MTN STEPPED CPN 101,605 91,125
    BANK OF AMERICA NA CHARLOTTE, NC 197,920 201,016
    CITIBANK NA LAS VEGAS, NV 98,870 100,644
    FIRSTBANK PR SANTURCE, PR 245,000 246,857
    FSGBANK NA 88,139 87,000
    GENERAL ELECTRIC CAPITAL CORPORATION 109,371 111,106
    GENERAL ELECTRIC CAPITAL CORPORATION 108,567 107,835
    GENERAL ELECTRIC CAPITAL CORPORATION 110,433 105,658
    GOLDMAN SACHS GROUP, INC 0 0
    HARRIS NA CHICAGO, IL 148,463 150,161
    HSBC BANK USA NA MCLEAN, VA 127,809 130,123
    INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT 100,625 99,043
    JP MORGAN CHASE & CO 7Y I ETF EFFICIENTE INDEX ANNUAL INCOME NOTE 100,005 95,800
    JPMORGAN CHASE & CO. 7Y I ETF EFFICIENTE INDEX NOTE 100,005 97,070
    JPMORGAN CHASE & CO. NTS 113,806 111,568
    JPMORGAN CHASE & CO. NTS 0 0
    MORGAN STANLEY DEAN WITTER MTN STEPPED CPN 100,005 96,529
    MORGAN STANLEY DEAN WITTER MTN STEPPED CPN 50,364 47,776
    PREMIER CMRL BANK GREENSBORO, NC 97,327 101,148
    PROTECTIVE LIFE INSURANCE COMPANY MTN 105,755 102,889
    ROCKY MNT BANK WILSON, WY 100,340 101,854
    ROYAL BANK OF CANADA MTN STEPPED CPN 49,880 47,500
    THE BEAR STEARNS COMPANIES INC. NTS 112,290 108,753
    UBS AG STAMFORD BRANCH MTN 111,745 105,532

    TY 2011 InvestmentsCorpStockSchedule
    Name:
    L & N ANDREAS FOUNDATION
    EIN: 36-3382956
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ALVARION LIMITED SHS 36,954 10,693
    APPLE INCORPORATED 48,679 60,750
    ARCHER DANIELS MIDLAND COMPANY 6,647,641 6,983,205
    AT&T INCORPORATED 25,900 31,195
    BANK OF AMERICA CORPORATION 28,758 20,572
    BAXTER INTERNATIONAL INCORPORATED 48,811 49,480
    BLACKROCK ENERGY & RES TR 49,115 49,726
    BLACKROCK ENHANCED EQT DIV TR 181,635 177,393
    BLACKROCK GLOBAL ALLOCATION FUND CLASS A M/F 1,440,743 1,380,197
    BLACKROCK HIGH YIELD BOND FUND CLASS A M/F 150,441 151,466
    BLACKROCK LATIN AMERICA FUND CLASS A M/F 25,000 25,834
    BLACKROCK STRAT EQUITY DIV TR 146,702 149,554
    BLACKROCK STRAT DIVD ACHIEVERS 0 0
    CANTERBURY PARK HOLDING CORPORATION 12,000 26,520
    CHESAPEAKE ENERGY CORPORATION 19,483 22,290
    CINCINNATI FINL CORPORATION 101,057 109,656
    CISCO SYSTEMS INCORPORATED 87,655 90,400
    CITIGROUP INCORPORATED COM NEW 9,590 9,209
    COLUMBIA ACORN FUND CLASS A M/F 158,032 239,826
    COLUMBIA SELIGMAN COMM & INFORMATION FUND CLASS A M/F 42,574 60,610
    EATON VANCE GLOBAL MACRO ABSOLUTE RETURN FD CLASS A M/F 741,931 704,877
    EATON VANCE INCOME FUND OF BOSTON CLASS A M/F 200,000 201,066
    EATON VANCE TX MGD DIV EQ INCM 161,489 141,759
    EATON VANCE WORLDWIDE HEALTH SCIENCES FD CLASS A M/F 108,570 92,838
    FOSTER WHEELER AG 23,145 22,968
    FRANKLIN BIOTECHNOLOGY DISCOVERY FUND CLASS A M/F 108,352 92,638
    FRANKLIN FLOATING RATE DAILY ACCESS FUND CLASS A M/F 399,174 382,363
    FRANKLIN HIGH INCOME FUND CLASS A M/F 100,000 101,042
    FRANKLIN TEMPLETON MUTUAL GLOBAL DISCOVERY FD CLS A M/F 249,048 278,677
    GENERAL ELECTRIC COMPANY 118,434 179,100
    HICKORY TECH CORPORATION 15,848 33,240
    INTEL CORPORATION 147,963 229,163
    ISHARES TR MSCI VAL IDX 0 0
    ISHARES TR MSCI EMERG MKT 341,047 284,550
    ISHARES TR RUSSELL MCP GR 239,657 412,966
    ISHARES TR S&P 500 INDEX 607,072 629,800
    ISHARES TR S&P MC 400 GRW 842,234 839,205
    ISHARES TR S&P MIDCAP 400 291,813 495,474
    ISHARES TR S&P SMLCP VALU 41,858 69,760
    JAPAN SMALLER CAPTLZTN FD INCORPORATED 0 0
    MERCK & COMPANY INCORPORATED NEW 88,162 122,940
    MICRON TECHNOLOGY INCORPORATED 57,785 81,770
    MICROSOFT CORPORATION 133,730 129,800
    NFJ DIVID INT & PREM STRTGY FD COM SHS 0 0
    NOBLE CORPORATION BAAR NAMEN -AKT 0 0
    NVIDIA CORPORATION 61,083 55,440
    OPPENHEIMER DEVELOPING MARKETS FUND CLASS A M/F 310,633 466,674
    OPPENHEIMER INTERNATIONAL GROWTH FUND CLASS A M/F 0 0
    OPPENHEIMER MAIN STREET SMALL & MID CAP FUND CLASS A M/F 78,064 133,319
    OPPENHEIMER PORT MODERATE INVESTOR FD CL A M/F 25,884 34,815
    OPPENHEIMER QUEST OPPORTUNITY VALUE FUND CLASS A M/F 195,788 179,408
    OPPENHEIMER SMALL AND MID CAP VALUE FUND CLASS A M/F 144,294 223,377
    PCM FUND INCORPORATED 109,437 162,347
    PEPSICO INCORPORATED 395,351 497,492
    PIMCO ALL ASSET ALL AUTHORITY FUND CLASS A M/F 52,661 52,375
    PIMCO GLOBAL MULTI ASSET FUND CLASS A M/F 782,239 725,666
    PIMCO HIGH YIELD FUND CLASS A M/F 124,889 125,870
    PIMCO INVESTMENT GRADE CORPORATE BOND FD CLASS A M/F 105,542 102,207
    PIMCO UNCONSTRAINED BOND FUND CLASS A M/F 0 0
    PROCTER & GAMBLE COMPANY 118,331 150,098
    PROSHARES TRUST ULTRASHORT LEHMAN BROS 20 YEAR PROSHARE 92,863 45,175
    RIVERFRONT GLOBAL GROWTH FUND CLASS A M/F 1,634,362 1,362,501
    ROYCE MICRO-CAP TR INCORPORATED 77,811 88,787
    SPDR SERIES TRUST S&P DIVID ETF 287,030 323,220
    SUNCOR ENERGY INCORPORATED NEW 71,307 69,192
    TEMPLETON BRIC FUND CLASS A M/F 0 0
    TEMPLETON EMERGING MKTS FD INCORPORATED 115,605 107,160
    TEMPLETON GLOBAL SMALLER COMPANIES FUND CLASS A M/F 230,965 179,107
    THORNBURG LIMITED TERM INCOME FUND CLASS A M/F 567,114 578,779
    UNITED TECHNOLOGIES CORPORATION 72,885 102,326
    VODAFONE GROUP PLC NEW SPONS ADR NEW 45,657 49,053
    WISDOMTREE TRUST INTL SMALLCAP DIVID FD 85,303 87,460

    TY 2011 OtherExpensesSchedule
    Name:
    L & N ANDREAS FOUNDATION
    EIN: 36-3382956
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT MANAGEMENT FEES 20,686 20,686   0
    MISCELLANEOUS 281 281   0


    TY 2011 OtherLiabilitiesSchedule
    Name:
    L & N ANDREAS FOUNDATION
    EIN: 36-3382956
    Description Beginning of Year - Book Value End of Year - Book Value
    EXCISE TAX PAYABLE 2,249 -764
    CALL: ARCHER DANIELS MIDLAND MAR 32 EXP 03/19/11 REPRESENTS 100 ADM 16,795 0
    CALL: CINCINNATI FINL CORP JUN 30 EXP 06/16/12 REPRESENTS 100 CINF 0 2,348
    CALL: CINCINNATI FINL CORP MAR 30 EXP 03/17/12 REPRESENTS 100 CINF 0 1,117


    TY 2011 SubstantialContributorsSch
    Name:
    L & N ANDREAS FOUNDATION
    EIN: 36-3382956
    Name Address
    LOWELL ANDREAS 4951 GULFSHORE BLVD N 403
    NAPLES,FL34103
    DAVID ANDREAS 4501 STRAWBERRY LANE
    GOLDEN VALLEY,MN55416
    LOWELL ANDREAS ESTATE
          		ANDREAS OFFICE PO BOX 3584
    MANKATO,MN56002
    ANDREAS LEE 2155 EMERALD ROAD
    BOULDER,CO80304


    TY 2011 TaxesSchedule
    Name:
    L & N ANDREAS FOUNDATION
    EIN: 36-3382956
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXCISE TAX 50,236 0   0