Form990-PF

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
2012
Open to Public Inspection
For calendar year 2012, or tax year beginning 01-01-2012 , and ending 12-31-2012
Name of foundation
SEWELL FAMILY FOUNDATION
 

Number and street (or P.O. box number if mail is not delivered to street address)5200 WEST 73RD STREET   Room/suite
City or town, state, and ZIP code
EDINA, MN55439
A Employer identification number

41-1861892
B Telephone number (see instructions)

(952) 841-2222
C bullet
G Check all that apply:

D 1. bullet
2. bullet
H Check type of organization:
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$2,861,106J 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 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)  
2 Check bullet
3 Interest on savings and temporary cash investments 2,707 2,707  
4 Dividends and interest from securities...... 57,101 57,101  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 111,416
b Gross sales price for all assets on line 6a 928,835
7 Capital gain net income (from Part IV, line 2)... 111,416
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........ 171,224 171,224  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
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).... Click to see attachment 22,360 11,180   11,180
17 Interest...............        
18 Taxes (attach schedule) (see instructions) Click to see attachment 3,472 3,472    
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings....... 900     900
22 Printing and publications..........        
23 Other expenses (attach schedule).......        
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 26,732 14,652   12,080
25 Contributions, gifts, grants paid........ 132,490 132,490
26 Total expenses and disbursements. Add lines 24 and 25 159,222 14,652   144,570
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 12,002
b Net investment income (if negative, enter -0-) 156,572
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2012)
Form 990-PF (2012)
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...............      
2 Savings and temporary cash investments.......... 283,407 291,635 291,635
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)........ 2,089,837 Click to see attachment2,093,611 2,444,471
c Investments—corporate bonds (attach schedule)........      
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) Click to see attachment200,000 Click to see attachment125,000 Click to see attachment125,000
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 2,573,244 2,510,246 2,861,106
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)    
23 Total liabilities (add lines 17 through 22)..........   0
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.........    
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds 2,573,244 2,510,246
30 Total net assets or fund balances (see page 17 of the
instructions).................... 2,573,244 2,510,246
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 2,573,244 2,510,246
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 2,573,244
2 Enter amount from Part I, line 27a..................... 2 12,002
3 Other increases not included in line 2 (itemize) bullet 3  
4 Add lines 1, 2, and 3.......................... 4 2,585,246
5 Decreases not included in line 2 (itemize) bulletClick to see attachment 5 75,000
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30. 6 2,510,246
Form 990-PF (2012)
Form 990-PF (2012)
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 AQR DIV ARBITRAGE 650.45 SH P 2011-03-23 2012-03-06
b ISHARES MSCI EMRG MKT 200 SH P 2011-11-10 2012-03-06
c ISHARES RUSSELL 1000 247 SH P 2012-02-02 2012-03-06
d JPMORGAN STRAT INC 23.556 SH P 2010-09-30 2012-12-06
e JPMORGAN STRAT INC 721.826 SH P 2011-09-19 2012-03-06
LOOMIS SAYLES BOND 75.751 SH P 2011-07-26 2012-05-14
PIMCO TOTAL RET 16.869 SH P 2010-12-09 2012-03-06
SCHWAB FUND US 296.022 SH P 2012-02-02 2012-09-17
ARTISAN INTL SMALL CAP 204.92 SH P 2011-03-23 2012-03-06
ISHARES NASDAQ BIO FD 100 SH P 2005-05-25 2012-02-02
ISHARES RUSSELL 2000 82 SH P 2012-02-02 2012-08-10
JPMORGAN STRAT INC 22.689 SH P 2010-10-29 2012-12-06
JPMORGAN STRAT INC 8.401 SH P 2011-09-27 2012-03-06
LOOMIS SAYLES BOND 0.698 SH P 2011-08-12 2012-05-14
PIMCO TOTAL RET 79.264 SH P 2010-12-31 2012-03-06
THIRD AVE SMALL CAP 317.919 SH P 2008-10-24 2012-09-17
ARTISAN INTL SMALL CAP 535.467 SH P 2008-10-02 2012-03-06
ISHARES NASDAQ BIO FD 200 SH P 2005-05-25 2012-02-02
ISHARES RUSSELL MIDCAP GR 121 SH P 2011-03-23 2012-08-10
JPMORGAN STRAT INC 27.336 SH P 2010-11-30 2012-12-06
JPMORGAN STRAT INC 8.365 SH P 2011-11-27 2012-03-06
LOOMIS SAYLES BOND 70.029 SH P 2012-04-23 2012-05-14
PIMCO TOTAL RET 65.703 SH P 2011-01-31 2012-03-06
THIRD AVE SMALL CAP 54.977 SH P 2010-12-21 2012-09-17
ARTISAN INTL SMALL CAP 2.679 SH P 2010-12-16 2012-03-06
ISHARES NASDAQ BIO FD 102 SH P 2005-05-25 2012-02-02
JENSEN QUALITY GROWTH 627.306 SH P 2008-03-13 2012-02-02
JPMORGAN STRAT INC 8.317 SH P 2010-12-14 2012-12-06
LOOMIS SAYLES BOND 890.491 SH P 2007-01-12 2012-03-06
OAKMARK SELECT FUND 629.896 SH P 2008-10-27 2012-05-14
PIMCO TOTAL RET 4371.937 SH P 2009-05-28 2012-09-17
VANGUARD GROWTH 1223.53 SH P 2005-05-04 2012-02-02
VANGUARD BOND INDEX 26 SH P 2012-08-10 2012-09-17
ISHARES NASDAQ BIO FD 100 SH P 2005-05-25 2012-02-02
JENSEN QUALITY GROWTH 13.458 SH P 2010-12-16 2012-02-02
JPMORGAN STRAT INC 25.031 SH P 2010-12-31 2012-12-06
LOOMIS SAYLES BOND 65.065 SH P 2010-10-26 2012-03-06
OAKMARK SELECT FUND 171.31 SH P 2008-10-27 2012-03-06
PIMCO TOTAL RET 3.976 SH P 2009-05-29 2012-09-17
VANGUARD GROWTH 24.558 SH P 2008-12-19 2012-02-02
VANGUARD BOND INDEX 241 SH P 2012-05-14 2012-09-17
IVA INTL FD 419.922 SH P 2010-09-20 2012-08-10
JENSEN QUALITY GROWTH 17.79 SH P 2011-06-21 2012-02-02
JPMORGAN STRAT INC 19.768 SH P 2011-01-31 2012-12-06
LOOMIS SAYLES BOND 66.885 SH P 2011-01-25 2012-03-06
OAKMARK SELECT FUND 7.96 SH P 2010-12-16 2012-03-06
PIMCO TOTAL RET 41.767 SH P 2009-06-30 2012-09-17
VANGUARD GROWTH 22.77 SH P 2009-03-24 2012-02-02
VANGUARD BOND INDEX 59 SH P 2012-08-10 2012-09-17
IVA INTL FD 126.492 SH P 2010-12-15 2012-08-10
JPMORGAN STRAT INC 8.643 P 2011-03-29 2012-02-02
JPMORGAN STRAT INC 4.552 SH P 2011-04-22 2012-12-06
LOOMIS SAYLES BOND 65.014 SH P 2011-02-22 2012-03-06
OAKMARK SELECT FUND 165.625 SH P 2008-10-27 2012-08-10
PIMCO TOTAL RET 43.319 SH P 2009-07-31 2012-09-17
VANGUARD GROWTH 20.241 SH P 2009-06-23 2012-02-02
VANGUARD BOND INDEX 310.8061 SH P 2012-05-14 2012-12-06
IVA INTL FD 156.13 SH P 2010-12-15 2012-08-10
JPMORGAN STRAT INC 9.011 SH P 2011-04-29 2012-02-02
JPMORGAN STRAT INC 4.091 SH P 2011-05-19 2012-12-06
LOOMIS SAYLES BOND 0.144 SH P 2011-05-24 2012-03-06
TRP EUROPEAN STK 140.965 SH P 2011-03-23 2012-03-06
PIMCO TOTAL RET 41.962 SH P 2009-08-31 2012-09-17
VANGUARD GROWTH 804.41 SH P 2010-09-20 2012-02-02
VANGUARD BOND INDEX 2.1939 SH P 2012-11-08 2012-12-06
IVA INTL FD 42.233 SH P 2010-12-15 2012-08-10
JPMORGAN STRAT INC 0.698 SH P 2011-05-20 2012-02-02
JPMORGAN STRAT INC 9.011 SH P 2011-05-23 2012-12-06
LOOMIS SAYLES BOND 72.445 SH P 2011-06-15 2012-03-06
TRP EUROPEAN STK 886.774 SH P 2011-03-23 2012-03-06
PIMCO TOTAL RET 2639.796 SH P 2009-09-03 2012-09-17
VANGUARD GROWTH 18.553 SH P 2010-09-23 2012-02-02
VANGUARD BOND INDEX 100 SH P 2012-08-10 2012-09-17
IVA INTL FD 947.236 SH P 2011-11-10 2012-08-10
JPMORGAN STRAT INC 8.401 SH P 2011-08-31 2012-02-02
JPMORGAN STRAT INC 0.698 SH P 2011-06-13 2012-12-06
LOOMIS SAYLES BOND 76.449 SH P 2011-07-26 2012-03-06
PIMCO TOTAL RET 21.679 SH P 2010-12-08 2012-12-06
PIMCO TOTAL RET 54.546 SH P 2009-12-31 2012-09-17
VANGUARD GROWTH 16.559 SH P 2010-12-23 2012-02-02
CENTURY SMALL CAP 166.787 SH P 2004-07-09 2012-09-17
ISHARES TRUST S&P 403 SH P 2011-03-23 2012-05-14
JPMORGAN STRAT INC 3279.184 SH P 2011-09-19 2012-02-02
JPMORGAN STRAT INC 1.358 SH P 2011-10-21 2012-12-06
LOOMIS SAYLES BOND 299.195 SH P 2007-01-12 2012-05-14
PIMCO TOTAL RET 16.754 SH P 2010-12-09 2012-12-06
PIMCO TOTAL RET 21.679 SH P 2010-12-08 2012-09-17
VANGUARD GROWTH 13.391 SH P 2011-06-23 2012-02-02
CENTURY SMALL CAP 941.707 SH P 2004-07-09 2012-03-06
ISHARES TRUST S&P 119 SH P 2009-05-28 2012-02-02
JPMORGAN STRAT INC 24.917 SH P 2011-10-31 2012-02-02
JPMORGAN STRAT INC 4.552 SH P 2011-03-29 2012-03-06
LOOMIS SAYLES BOND 67.943 SH P 2011-03-22 2012-05-14
PIMCO TOTAL RET 35.709 SH P 2011-10-31 2012-12-06
PIMCO TOTAL RET 368.379 SH P 2010-12-08 2012-09-17
VANGUARD GROWTH 6.588 SH P 2011-09-22 2012-02-02
ISHARES MSCI EMRG MKT 2699.00 SH P 2011-09-19 2012-06-25
ISHARES RUSSELL 1000 37 SH P 2011-12-02 2012-08-10
JPMORGAN STRAT INC 2972.929 SH P 2010-02-24 2012-12-06
JPMORGAN STRAT INC 4.091 SH P 2011-04-25 2012-03-06
LOOMIS SAYLES BOND 4323.319 SH P 2011-03-25 2012-05-14
PIMCO TOTAL RET 794.528 SH P 2011-11-10 2012-12-06
PIMCO TOTAL RET 805.644 SH P 2010-12-08 2012-09-17
VANGUARD GROWTH 7.922 P 2011-12-22 2012-02-02
ISHARES MSCI EMRG MKT 310 SH P 2012-05-14 2012-06-25
ISHARES RUSSELL 1000 164 SH P 2012-05-14 2012-08-10
JPMORGAN STRAT INC 23.546 SH P 2010-07-30 2012-12-06
JPMORGAN STRAT INC 9.011 SH P 2011-04-29 2012-03-06
LOOMIS SAYLES BOND 0.144 SH P 2011-06-10 2012-05-14
PIMCO TOTAL RET 536.413 SH P 2009-09-03 2012-03-06
PIMCO TOTAL RET 16.869 SH P 2010-12-09 2012-09-17
ISHARES MSCI EMRG MKT 178 SH P 2011-09-19 2012-03-06
ISHARES RUSSELL 1000 246 SH P 2011-12-01 2012-03-06
JPMORGAN STRAT INC 24.411 SH P 2010-08-31 2012-12-06
JPMORGAN STRAT INC 0.698 SH P 2011-05-20 2012-03-06
LOOMIS SAYLES BOND 70.325 SH P 2011-07-02 2012-05-14
PIMCO TOTAL RET 21.679 SH P 2010-12-08 2012-03-06
SCHWAB FUND US 764.647 SH P 2012-02-02 2012-08-10
(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 7,200   7,350 -150
b 8,458   7,961 497
c 18,730   18,402 328
d 278   276 2
e 8,296   8,358 -62
1,104   1,172 -68
187   195 -8
3,200   3,016 184
3,916   4,035 -119
11,898   6,639 5,259
6,537   6,663 -126
268   268  
97   98 -1
10   11 -1
881   860 21
7,162   4,767 2,395
10,233   7,866 2,367
23,796   13,279 10,517
7,292   7,142 150
323   321 2
96   98 -2
1,020   1,022 -2
730   713 17
1,238   1,146 92
51   52 -1
12,136   6,772 5,364
17,527   16,115 1,412
98   98  
12,987   12,718 269
19,300   9,115 10,185
50,426   45,175 5,251
38,660   28,636 10,024
2,195   2,202 -7
11,899   6,639 5,260
376   363 13
296   296  
949   935 14
5,256   2,479 2,777
46   41 5
776   455 321
20,345   20,261 84
6,502   6,455 47
497   500 -3
233   236 -3
975   963 12
244   217 27
482   436 46
719   410 309
4,981   4,998 -17
1,959   2,006 -47
99   103 -4
54   55 -1
948   941 7
5,300   2,397 2,903
500   460 40
640   406 234
26,407   26,130 277
2,418   2,476 -58
103   109 -6
48   50 -2
2   2  
2,030   2,234 -204
484   452 32
25,417   21,000 4,417
186   186  
654   670 -16
8   8  
106   109 -3
1,057   1,116 -59
12,770   13,980 -1,210
30,448   28,527 1,921
586   478 108
8,442   8,471 -29
14,667   15,100 -433
96   97 -1
8   8  
1,115   1,184 -69
252   252  
629   589 40
523   485 38
4,600   3,658 942
54,449   52,718 1,731
37,607   37,970 -363
16   16  
4,359   4,273 86
195   193 2
250   252 -2
423   400 23
24,300   20,654 3,646
15,830   10,801 5,029
286   289 -3
52   54 -2
990   985 5
415   390 25
4,249   3,978 271
208   178 30
100,045   105,512 -5,467
2,402   2,163 239
35,105   34,503 602
47   49 -2
62,990   62,768 222
9,238   8,661 577
9,292   8,701 591
250   232 18
11,491   12,167 -676
10,646   10,410 236
278   275 3
104   108 -4
2   2  
5,961   5,797 164
195   195  
7,527   6,959 568
15,514   14,379 1,135
288   284 4
8   8  
1,025   1,087 -62
241   252 -11
7,700   7,792 -92
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       -150
b       497
c       328
d       2
e       -62
      -68
      -8
      184
      -119
      5,259
      -126
       
      -1
      -1
      21
      2,395
      2,367
      10,517
      150
      2
      -2
      -2
      17
      92
      -1
      5,364
      1,412
       
      269
      10,185
      5,251
      10,024
      -7
      5,260
      13
       
      14
      2,777
      5
      321
      84
      47
      -3
      -3
      12
      27
      46
      309
      -17
      -47
      -4
      -1
      7
      2,903
      40
      234
      277
      -58
      -6
      -2
       
      -204
      32
      4,417
       
      -16
       
      -3
      -59
      -1,210
      1,921
      108
      -29
      -433
      -1
       
      -69
       
      40
      38
      942
      1,731
      -363
       
      86
      2
      -2
      23
      3,646
      5,029
      -3
      -2
      5
      25
      271
      30
      -5,467
      239
      602
      -2
      222
      577
      591
      18
      -676
      236
      3
      -4
       
      164
       
      568
      1,135
      4
       
      -62
      -11
      -92
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 2 111,416
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 instructions). If (loss), enter -0-
in Part I, line 8 . . . . . . . . . . . . . . . . 		Bracket 3 -5,625
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))
2011 413,213 2,750,233 0.150247
2010 128,830 2,724,081 0.047293
2009 112,219 2,355,522 0.047641
2008 319,619 3,171,983 0.100763
2007 404,461 3,656,448 0.110616
2 Total of line 1, column (d) ...................... 2 0.456560
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 0.091312
4 Enter the net value of noncharitable-use assets for 2012 from Part X, line 5..... 4 2,720,382
5 Multiply line 4 by line 3....................... 5 248,404
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 1,566
7 Add lines 5 and 6......................... 7 249,970
8 Enter qualifying distributions from Part XII, line 4.............. 8 144,570
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.
Form 990-PF (2012)
Form 990-PF (2012)
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 3,131
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  
3 Add lines 1 and 2............................ 3 3,131
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-). 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 3,131
6 Credits/Payments:
a 2012 estimated tax payments and 2011 overpayment credited to 2012 6a 1,241
b Exempt foreign organizations—tax withheld at source....... 6b
c Tax paid with application for extension of time to file (Form 8868) 6c 2,500
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 3,741
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. Click to see attachment 8 9
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 10 601
11 Enter the amount of line 10 to be: Credited to 2013 estimated taxBullet601 Refunded Bullet 11  
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$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
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 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 2012 or the taxable year beginning in 2012 (see instructions for Part XIV)?
    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.
    10
     
    No
    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 instructions) .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement (see instructions).................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletNA
    14
    The books are in care ofbulletKATHY LONGO Telephone no.bullet (952) 841-2222
    Located atbullet5200 WEST 73RD STEDINAMN ZIP+4bullet55439
    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 2012, 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 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 (2012)
    Form 990-PF (2012)
    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 2012?.............
    1c
     
     
    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 2012, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2012?...............
    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 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 2012 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 2012.)....................
    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 2012?
    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 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 instructions)? ......
    5b
     
     
    .........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).
    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 (2012)
    Form 990-PF (2012)
    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 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
    GLORIA SEWELLClick to see attachment PRES/DIRECTO
    2.00     		0 0 0
    16 PARK LANE
    MINNEAPOLIS,MN55416
    FREDERICK SEWELLClick to see attachment VICE PRES/DI
    1.00     		0 0 0
    16 PARK LANE
    MINNEAPOLIS,MN55416
    2 Compensation of five highest-paid employees (other than those included on line 1—see 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  
    3 Five highest-paid independent contractors for professional services (see 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.............bullet  
    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 (2012)
    Form 990-PF (2012)
    Page 7
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1 N/A  
    2  
    All other program-related investments. See page 24 of the instructions.
    3  
    Total. Add lines 1 through 3..........................bullet  
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,
    see 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
    2,352,800
    b
    Average of monthly cash balances.......................
    1b
    284,009
    c
    Fair market value of all other assets (see instructions)................
    1c
    125,000
    d
    Total (add lines 1a, b, and c).........................
    1d
    2,761,809
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
     
    3
    Subtract line 2 from line 1d.........................
    3
    2,761,809
    4
    Cash deemed held for charitable activities. Enter 1 1⁄2% of line 3 (for greater amount, see
    instructions) .............................
    4
    41,427
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    2,720,382
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    136,019
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    136,019
    2a
    Tax on investment income for 2012 from Part VI, line 5......
    2a
    3,131
    b
    Income tax for 2012. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    3,131
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    132,888
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    132,888
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII,
    line 1................................
    7
    132,888
    Part XII
    Qualifying Distributions (see 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
    144,570
    b
    Program-related investments—total from Part IX-B..................
    1b
     
    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
    144,570
    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 instructions).................
    5
     
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    144,570
    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 (2012)
    Form 990-PF (2012)
    Page 8
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2011     		(c)
    2011     		(d)
    2012
    1 Distributable amount for 2012 from Part XI, line 7 132,888
    2 Undistributed income, if any, as of the end of 2012:
    a Enter amount for 2011 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2012:
    a From 2007....... 230,261
    b From 2008....... 161,890
    c From 2009.......  
    d From 2010.......  
    e From 2011....... 279,375
    fTotal of lines 3a through e......... 671,526
    4Qualifying distributions for 2012 from Part
    XII, line 4: bullet$ 144,570
    a Applied to 2011, but not more than line 2a  
    b Applied to undistributed income of prior years
    (Election required—see instructions)......     		 
    c Treated as distributions out of corpus (Election
    required—see instructions).........     		 
    d Applied to 2012 distributable amount..... 132,888
    e Remaining amount distributed out of corpus 11,682
    5 Excess distributions carryover applied to 2012.    
    (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 5 683,208
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ...........     		 
    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......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    e Undistributed income for 2011. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2012. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2013 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (see
    instructions) .............     		 
    8Excess distributions carryover from 2007 not
    applied on line 5 or line 7 (see instructions) ...     		230,261
    9Excess distributions carryover to 2013.
    Subtract lines 7 and 8 from line 6a ......     		452,947
    10 Analysis of line 9:
    a Excess from 2008.... 161,890
    b Excess from 2009....  
    c Excess from 2010....  
    d Excess from 2011.... 279,375
    e Excess from 2012.... 11,682
    Form 990-PF (2012)
    Form 990-PF (2012)
    Page 9
    Part XIV
    Private Operating Foundations (see 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 2012, 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) 2012 (b) 2011 (c) 2010 (d) 2009
             
    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 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).)
    GLORIA SEWELL
    FREDERICK SEWELL
    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.
    NONE
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail of the person to whom applications should be addressed:
    GLORIA SEWELL
    5200 WEST 73RD ST
    EDINA,MN55439
    (952) 841-2222
    bThe form in which applications should be submitted and information and materials they should include:
    TAX-EXEMPT LETTER, PAST AND PRESENT INFO ON PROGRAMS, BUDGET, ETC.
    cAny submission deadlines:
    NONE
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    NONE
    Form 990-PF (2012)
    Form 990-PF (2012)
    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
    AMERICAN COMPOSERS FORUM
    332 MINNESOTA ST STE E145
    ST PAUL,MN55101     		NONE PUBLIC ARTS EDUC. AND APPRECIATION 250
    ANIMAL HUMANE SOCIETY
    845 MEADOW LANE NORTH 1
    GOLDEN VALLEY,MN55422     		NONE PUBLIC COMMUNITY SERVICE 5,000
    BALLET WORKS INC
    528 HENNEPIN AV STE 205
    MINNEAPOLIS,MN55403     		NONE PUBLIC ARTS EDUC. AND APPRECIATION 50,000
    CANTUS
    1221 NICOLLET AVE STE 231
    MINNEAPOLIS,MN55403     		NONE PUBLIC ARTS EDUC. AND APPRECIATION 2,500
    CELLO AN AMERICAN EXPERIENCE
    804 IVANHOE DRIVE
    NORTHFIELD,MN55057     		NONE PUBLIC ARTS EDUC. AND APPRECIATION 3,000
    CHAMBER MUSIC AMERICA
    305 7TH AVE
    NEW YORK,NY10001     		NONE PUBLIC ARTS EDUC. AND APPRECIATION 1,000
    CHILDREN'S THEATRE COMPANY
    2400 3RD AVE S
    MINNEAPOLIS,MN55404     		NONE PUBLIC ARTS EDUC. AND APPRECIATION 2,500
    CHORUS AMERICA
    1156 15TH ST NW SUITE 310
    WASHINGTON,DC20005     		NONE PUBLIC ARTS EDUC. AND APPRECIATION 2,500
    CURTIS INSTITUTE OF MUSIC
    1726 LOCUST ST
    PHILADELPHIA,PA19103     		NONE PUBLIC ARTS EDUC. AND APPRECIATION 5,000
    DANCE USA
    1111 16TH STREET NW STE 3
    WASHINGTON,DC20036     		NONE PUBLIC ARTS EDUC. AND APPRECIATION 1,000
    DULUTH SUPERIOR SYMPHONY ORCHESTRA
    331 W SUPERIOR ST STE 100
    DULUTH,MN55802     		NONE PUBLIC ARTS EDUC. AND APPRECIATION 1,000
    FRIENDS OF ARTARIA STRING
    1693 PORTLAND AVE
    ST PAUL,MN55104     		NONE PUBLIC ARTS EDUC. AND APPRECIATION 5,940
    FRIENDS OF THE ST PAUL CHAMBER ORCH
    408 SAIT PETER ST
    ST PAUL,MN55102     		NONE PUBLIC ARTS EDUC. AND APPRECIATION 1,000
    GLOBAL GRASSROOTS
    45 LYNE ROAD SUITE 206
    HANOVER,NH03755     		NONE PUBLIC COMMUNITY SERVICE 2,500
    GREATER TC YOUTH SYMPHONY
    528 HENNEPIN AVE 404
    MINNEAPOLIS,MN55403     		NONE PUBLIC ARTS EDUC AND APPRECIATION 1,000
    LAKE COUNTRY SCHOOL
    3755 PLEASANT AVE S
    MINNEAPOLIS,MN55409     		NONE PUBLIC COMMUNITY SERVICE AND EDUC 1,000
    LEARNING THROUGH MUSIC CONSULTING
    4608 WEST 56TH ST
    EDINA,MN55424     		NONE PUBLIC ARTS EDUC AND APPRECIATION 300
    MACPHAIL CENTER FOR THE ARTS
    501 S SECOND ST
    MINNEAPOLIS,MN55401     		NONE PUBLIC ARTS EDUC AND APPRECIATION 2,500
    MADELINE ISLAND MUSIC CAM
    118 E 26TH ST 200
    MINNEAPOLIS,MN55404     		NONE PUBLIC ARTS EDUC. AND APPRECIATION 5,000
    MINNESOTA OPERA
    620 NORTH FIRST STREET
    MINNEAPOLIS,MN55401     		NONE PUBLIC ARTS EDUC. AND APPRECIATION 2,000
    MINNESOTA YOUTH SYMPHONIES
    790 CLEVELAND AVE S STE 2
    ST PAUL,MN55116     		NONE PUBLIC ARTS EDUC. AND APPRECIATION 1,000
    MINNEAPOLIS PATHWAYS
    3115 HENNEPIN AVE S
    MINNEAPOLIS,MN55408     		NONE PUBLIC COMMUNITY SERVICE 1,000
    PENUMBRA THEATRE COMPANY
    270 NORTH KENT STREET
    ST PAUL,MN55102     		NONE PUBLIC ARTS EDUCATION AND APPRECIATION 1,000
    PLANNED PARENTHOOD OF MN
    1965 FORD PARKWAY
    ST PAUL,MN55116     		NONE PUBLIC COMMUNITY SERVICE 10,000
    RAMSEY COUNTY HISTORICAL SOCIETY
    75 WEST 5TH ST STE 323
    ST PAUL,MN55102     		NONE PUBLIC EDUCATION, COMMUNITY SERVICE 7,500
    REIF ARTS COUNCIL
    720 NW CONIFER DR
    GRAND RAPIDS,MN55744     		NONE PUBLIC ARTS EDUC AND APPRECIATION 5,000
    THE SINGERS MN CHORAL ARTISTS
    528 HENNEPIN AVE STE 216
    MINNEAPOLIS,MN55403     		NONE PUBLIC ARTS EDUC. AND APPRECIATION 2,500
    SPRINGBOARD FOR THE ARTS
    308 PRINCE ST STE 270
    ST PAUL,MN55101     		NONE PUBLIC ARTS EDUC AND APPRECIATION 1,000
    THURSDAY MUSICAL
    6620 NEWTON AV S
    RICHFIELD,MN55423     		NONE PUBLIC ARTS EDUC AND APPRECIATION 2,500
    UNITY CHURCH - UNITARIAN
    732 HOLLY AVE N GROTTO ST
    ST PAUL,MN55104     		NONE PUBLIC COMMUNITY SERVICE 4,000
    UPSTREAM ARTS
    3501 CHICAGO AVE S
    MINNEAPOLIS,MN55407     		NONE PUBLIC ARTS EDUC AND APPRECIATION 1,000
    YMCA CAMP WIDJIWAGAN
    3788 NORTH ARM ROAD
    ELY,MN55731     		NONE PUBLIC COMMUNITY SERVICE 1,000
    Total .................................bullet 3a 132,490
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2012)
    Form 990-PF (2012)
    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 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         2,707
    4 Dividends and interest from securities....     14 57,101  
    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.....     18    
    8Gain or (loss) from sales of assets other than inventory     18 111,416  
    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)..   168,517 2,707
    13Total. Add line 12, columns (b), (d), and (e)..................
    13171,224
    (See worksheet in line 13 instructions 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 foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2012)
    Form 990-PF (2012)
    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
    Sign Here
    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
    May the IRS discuss this return
    with the preparer shown below
    (see instr.)?
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's namebullet



    Firm's addressbullet







         		Firm's EINbullet
    Phone no.
    Form 990-PF (2012)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2012 CompensationExplanation
    Name:
    SEWELL FAMILY FOUNDATION
    EIN: 41-1861892
    Person Name Explanation
    GLORIA SEWELL  
    FREDERICK SEWELL  

    TY 2012 InvestmentsCorpStockSchedule
    Name:
    SEWELL FAMILY FOUNDATION
    EIN: 41-1861892
    Name of Stock End of Year Book Value End of Year Fair Market Value
    AQR DIVERSIFIED ARB CLASS 1 65,074 64,013
    ARTISAN ITNL FUND 69,827 78,904
    ARTIO TOTAL RETURN 97,301 95,546
    BAIRD MID CAP 74,777 75,448
    CENTURY SMALL CAP SELECT 115,793 160,488
    FIRST EAGLE FUND 163,749 207,245
    GOODHAVEN FUND 80,393 88,573
    ISHARES MSCI EMRG MKT FUND    
    ISHARES RUSSELL 1000 GROWTH 44,154 51,475
    ISHARES RUSSELL 2000 85,370 126,308
    ISHARES RUSSELL MIDCAP GROWTH 72,245 76,868
    ISHARES S&P INDEX 73,826 110,934
    ISHARES TR NASDAQ BIO    
    IVA INTERNATIONAL 168,293 178,362
    JENSEN QUALITY GROWTH FUND 166,960 193,351
    JP MORGAN STRATEGIC INCOME 57,387 59,086
    LOOMIS SAYLES BOND CL I 184,712 203,032
    NEUBERGER BERMAN CORE 38,931 38,168
    OAKMARK SELECT FUND 90,332 137,260
    PIMCO TOTAL RETURN FUND 79,421 83,989
    SCHWAB RAFI 1500 66,469 64,147
    T ROWE PRICE EUROPEAN 52,443 54,602
    THIRD AVE VALUE SMALL CAP 70,897 102,751
    VANGUARD GROWTH INDEX    
    VANGUARD BOND INDEX 61,281 61,526
    WISDOMTREE EMERGING MKTS 113,976 132,395

    TY 2012 OtherAssetsSchedule
    Name:
    SEWELL FAMILY FOUNDATION
    EIN: 41-1861892
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    PROGRAM RELATED INVESTMENT 200,000 125,000 125,000


    TY 2012 OtherDecreasesSchedule
    Name:
    SEWELL FAMILY FOUNDATION
    EIN: 41-1861892
    Description Amount
    FOREGIVENESS OF PROG. RELATED INV. 75,000


    TY 2012 OtherProfessionalFeesSchedule
    Name:
    SEWELL FAMILY FOUNDATION
    EIN: 41-1861892
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT FEES 22,360 11,180   11,180


    TY 2012 TaxesSchedule
    Name:
    SEWELL FAMILY FOUNDATION
    EIN: 41-1861892
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FEDERAL AND FOREIGN 3,472 3,472