Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletInformation about Form 990-PF and its instructions is at www.irs.gov/form990pf.
OMB No. 1545-0052
2014
Open to Public Inspection
For calendar year 2014, or tax year beginning 2014, and ending , 20
Name of foundation
THE EAGLE FOUNDATION
 

Number and street (or P.O. box number if mail is not delivered to street address)12987 PIONEER TRAIL   Room/suite
City or town, state or province, country, and ZIP or foreign postal code
EDEN PRAIRIE, MN55347
A Employer identification number

20-8070601
B Telephone number (see instructions)

(952) 938-4811
C bullet
G Check all that apply:

D 1. bullet
2. bullet
E 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$20,031,250J Accounting method:
 
(Part I, column (d) must be on cash basis.)
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).............. 3,331,676
2 Check bullet
Sch. B ...............
3 Interest on savings and temporary cash investments 226,706 226,706  
4 Dividends and interest from securities...... 290,224 290,224  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 531,789
b Gross sales price for all assets on line 6a 6,850,248
7 Capital gain net income (from Part IV, line 2)... 531,789
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........ 4,380,395 1,048,719  
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)....... Click to see attachment 2,450 0   0
c Other professional fees (attach schedule).... Click to see attachment 27,245 0   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 26,619 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 8,136 0   0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 64,450 0   0
25 Contributions, gifts, grants paid........ 947,130 947,130
26 Total expenses and disbursements. Add lines 24 and 25 1,011,580 0   947,130
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 3,368,815
b Net investment income (if negative, enter -0-) 1,048,719
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2014)
Form 990-PF (2014)
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............... 27,161 3,958,581 3,958,581
2 Savings and temporary cash investments.......... 122,874 794,481 794,481
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 instructions).....      
7 Other notes and loans receivable (attach schedule) bullet40,000
Less: allowance for doubtful accounts bullet0 40,000 40,000 40,000
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)........      
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)........... 14,901,530 Click to see attachment14,779,127 15,238,188
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) 15,091,565 19,572,189 20,031,250
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)......   1,050,000
22 Other liabilities (describe bullet) Click to see attachment0 Click to see attachment7,969
23 Total liabilities (add lines 17 through 22).......... 0 1,057,969
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 15,091,565 18,514,220
30 Total net assets or fund balances (see instructions)...... 15,091,565 18,514,220
31 Total liabilities and net assets/fund balances (see instructions).. 15,091,565 19,572,189
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 15,091,565
2 Enter amount from Part I, line 27a..................... 2 3,368,815
3 Other increases not included in line 2 (itemize) bulletClick to see attachment 3 53,840
4 Add lines 1, 2, and 3.......................... 4 18,514,220
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 18,514,220
Form 990-PF (2014)
Form 990-PF (2014)
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 AT&T INC P 2013-09-18 2014-03-18
b AETNA INC P 2013-12-13 2014-03-04
c AETNA INC P 2014-08-06 2014-09-10
d AK ST REV P 2014-05-15 2014-12-08
e ASSURED GTY P 2014-07-09 2014-12-01
BB&T CORP P 2014-04-16 2014-05-13
BROWN & BROWN INC P 2014-06-30 2014-12-19
CARNIVAL CORP P 2014-06-30 2014-11-28
CENTURYLINK INC P 2013-12-05 2014-03-06
CITRIX SYSTEMS P 2013-11-05 2014-06-20
DELTA AIRLINES INC P 2014-05-20 2014-11-18
DISCOVER FINL SVCS P 2013-11-21 2014-02-18
DOW CHEMICAL COMPANY P 2014-05-15 2014-08-14
DUPONT FABROS TECHNOLOGY P   2014-05-13
DYNEX CAPITAL P 2013-07-31 2014-05-14
EBAY INC P 2013-07-19 2014-01-23
FT DEEP P 2013-12-26 2014-01-03
FORD MOTOR COMPANY P 2014-05-15 2014-07-18
GENL MILLS INC P   2014-06-20
GILEAD SCIENCES INC P 2014-04-16 2014-05-06
GOODRICH PETE CORP P   2014-04-14
HCA HOLDINGS INC P 2013-11-05 2014-04-24
HALLIBURTON COMPANY P 2013-10-21 2014-02-28
HERCULES TECH GRW P   2014-06-27
JP MORGAN CHASE & COMPANY P 2014-05-16 2014-09-05
KOHLS CORP P 2014-12-02 2014-12-31
LA-Z BOY INC P 2014-08-29 2014-11-20
LAM RESEARCH CORPORATION P 2014-08-06 2014-10-31
ESTEE LAUDER COMPANY INC P 2014-05-20 2014-12-29
LIFE TIME FITNESS INC P 2014-06-23 2014-10-23
MGM RESORTS INTL P 2014-05-14 2014-07-31
MACYS INC P 2014-11-03 2014-11-20
PHILLIP MORRIS INTL INC P 2014-07-31 2014-10-21
QUAL COMM INC P 2013-10-15 2014-01-30
RAYMOND JAMES FINANCIAL P 2014-05-22  
REGIONS P 2014-05-06 2014-08-05
SOUTHWEST AIRLINES CO P 2014-11-21 2014-12-29
STRYKER CORP P 2014-02-05 2014-06-09
SYNCHRONOSS TECHS INC P    
TWENTY FIRST CENTURY P 2013-09-26  
US BANCORP P 2013-11-21 2014-04-15
URS CORP P   2014-10-23
UNITEDHEALTH GROUP INC P 2014-08-06 2014-10-21
US AIRWAYS P 2014-08-18 2014-12-29
NORWEGIAN CRUISE LINE P 2013-12-23 2014-11-03
XL GROUP P 2013-10-02 2014-09-04
ANGLOGOLD P 2013-12-02 2014-09-16
APOLLO INVT CORP P 2014-04-16 2014-08-05
BMC SOFTWARE P 2013-07-29 2014-04-10
FIFTH STR FIN CORP P   2014-05-19
HERCULES TECH GRW P 2013-10-01 2014-05-16
KS ST DFA P 2014-05-22 2014-12-29
KCAP FINL INC P   2014-05-16
MERRILL LYNCH CAP P 2013-07-09 2014-05-20
PITNEY BOWES P 2013-03-20 2014-03-20
PROTCVT LIVE CORP P 2013-11-27 2014-05-23
PRUDNTL FINL INC P 2013-06-24 2014-04-29
RAYMOND JAMES P   2014-05-20
WINTHRUP REALTY P 2013-08-20 2014-06-27
AEGON NV P 2013-05-14 2014-05-19
ASSURED GTY P 2012-10-05 2014-08-05
BB&T CORP P 2012-07-24 2014-05-13
BALTIMORE GAS & ELEC P 2012-08-30 2014-08-26
CORP BACKED TRUST P    
COUNTRYWIDE CAP P 2012-10-23 2014-05-16
DB CAP P 2012-11-29 2014-05-13
FIRST POTOMAC P 2012-06-28 2014-05-14
GS B P 2012-12-11 2014-08-11
ING GROEP P 2013-02-15 2014-05-14
PNC FINL P 2012-06-27 2014-05-14
PHILIP MORRIS INTL INC P 2013-09-25 2014-10-21
PRINCIPAL FINL P 2012-11-21 2014-09-15
SELECT COMFORT CORP P   2014-10-23
WELLCARE HEALTH PLANS INC P 2013-10-02 2014-12-05
AK ST REV P 2012-02-24 2014-12-08
APOLLO INVT CORP P   2014-08-05
BELLE PLAIN P 2012-01-31 2014-12-29
BEST BUY INC P 2013-04-05 2014-12-29
CENTURY TEL P 2012-03-01 2014-11-20
CENTURY TEL P 2010-07-16 2014-04-04
CLIFFS NAT P   2014-01-30
COOK & DU PAGE CNTYS IL P 2012-01-17 2014-12-01
COOK IL SCH P 2011-06-29 2014-09-15
DANVILLE VA P 2012-01-06 2014-12-29
DELL INC P   2014-05-13
DETROIT MI P 2012-01-06 2014-09-04
EQT CORP P 2012-05-01 2014-12-15
GECC INTRNTS P 2012-08-20 2014-03-03
HEWLETT PACK P 2013-01-24 2014-12-15
LINCOLN NATL P 2012-04-05 2014-04-24
LUFKIN TX P 2012-02-13 2014-12-15
ME ST TRANSN P 2012-01-10 2014-12-29
MI ST P 2012-01-06 2014-03-11
PENNANT PARK INV CORP P 2013-01-16 2014-05-13
PHILADELPHIA PA P   2014-09-15
PRUDNTL FINL INC P    
RAYMOND JAMES P 2012-03-27 2014-04-24
SLM CORP P 2011-03-18 2014-12-29
SAFEWAY INC P 2012-12-18 2014-03-11
ST LOUIS MO P 2011-02-22 2014-12-01
SUNTRUST BKS P 2012-02-29 2014-04-25
TN ST ENERGY P 2012-03-09 2014-09-24
US STEEL CORP P   2014-05-08
UNIV IA P 2012-01-31 2014-12-29
WILLACY TX P 2011-07-27 2014-04-10
ZIONS BANCORP P 2012-05-16 2014-09-15
DAVIS NEW YORK VENTURE P   2014-12-30
GABELLI EQUITY INCOME P   2014-12-30
HUSSMAN STRATEGIC P   2014-12-30
KINDER MORGAN MGMT P   2014-03-05
PIMCO FUNDAMENTAL P   2014-12-30
Capital Gains Dividends P    
(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 9,670   10,577 -907
b 28,978   26,413 2,565
c 41,719   39,814 1,905
d 63,352   63,099 253
e 104,849   100,824 4,025
46,976   46,405 571
22,276   21,831 445
21,575   19,340 2,235
15,335   15,755 -420
19,190   17,555 1,635
21,615   19,440 2,175
16,957   15,899 1,058
20,479   19,833 646
77,243   78,421 -1,178
47,055   48,578 -1,523
10,755   10,757 -2
9   9 0
8,610   8,075 535
26,884   26,022 862
23,422   20,973 2,449
18,718   17,086 1,632
9,913   9,493 420
22,519   20,647 1,872
102,433   104,718 -2,285
23,518   21,705 1,813
24,186   23,349 837
11,870   10,905 965
30,723   28,505 2,218
30,558   29,969 589
25,339   24,810 529
26,335   24,615 1,720
24,886   23,321 1,565
17,216   16,657 559
21,736   20,843 893
26,893   24,625 2,268
97,150   99,319 -2,169
16,431   15,589 842
25,320   23,459 1,861
37,421   33,159 4,262
13,329   13,573 -244
11,944   11,900 44
96,015   104,088 -8,073
35,754   33,073 2,681
104,015   105,928 -1,913
7,645   7,117 528
16,735   15,915 820
50,132   48,766 1,366
34,036   34,215 -179
103,245   108,693 -5,448
121,626   125,295 -3,669
50,994   51,941 -947
42,011   41,829 182
102,793   104,929 -2,136
15,103   15,425 -322
99,668   102,798 -3,130
107,929   108,925 -996
7,213   7,198 15
104,583   103,909 674
104,993   105,272 -279
50,153   51,979 -1,826
100,194   105,175 -4,981
46,976   50,000 -3,024
98,974   104,203 -5,229
89,487   91,839 -2,352
101,182   104,159 -2,977
101,723   103,434 -1,711
49,311   51,017 -1,706
97,512   103,277 -5,765
101,503   104,055 -2,552
53,416   53,576 -160
17,220   17,627 -407
99,709   108,636 -8,927
14,749   14,074 675
22,530   22,145 385
79,191   75,647 3,544
63,864   66,395 -2,531
48,995   50,353 -1,358
51,320   50,205 1,115
32,830   33,781 -951
53,800   49,861 3,939
154,732   169,250 -14,518
19,018   19,328 -310
93,399   84,275 9,124
51,035   50,651 384
96,575   98,089 -1,514
12,240   12,372 -132
52,995   51,598 1,397
98,294   100,003 -1,709
105,995   103,533 2,462
104,266   101,654 2,612
48,551   45,766 2,785
46,008   45,314 694
24,618   25,376 -758
48,954   50,000 -1,046
69,879   66,906 2,973
99,726   105,849 -6,123
81,501   77,356 4,145
97,305   97,895 -590
25,498   26,244 -746
15,468   14,718 750
44,395   41,304 3,091
32,889   31,461 1,428
182,835   180,548 2,287
65,521   66,590 -1,069
97,669   92,463 5,206
104,295   101,509 2,786
124,981   128,329 -3,348
125,000   90,848 34,152
149,981   162,172 -12,191
84,450   82,900 1,550
124,971   149,537 -24,566
542,688     542,688
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       -907
b       2,565
c       1,905
d       253
e       4,025
      571
      445
      2,235
      -420
      1,635
      2,175
      1,058
      646
      -1,178
      -1,523
      -2
      0
      535
      862
      2,449
      1,632
      420
      1,872
      -2,285
      1,813
      837
      965
      2,218
      589
      529
      1,720
      1,565
      559
      893
      2,268
      -2,169
      842
      1,861
      4,262
      -244
      44
      -8,073
      2,681
      -1,913
      528
      820
      1,366
      -179
      -5,448
      -3,669
      -947
      182
      -2,136
      -322
      -3,130
      -996
      15
      674
      -279
      -1,826
      -4,981
      -3,024
      -5,229
      -2,352
      -2,977
      -1,711
      -1,706
      -5,765
      -2,552
      -160
      -407
      -8,927
      675
      385
      3,544
      -2,531
      -1,358
      1,115
      -951
      3,939
      -14,518
      -310
      9,124
      384
      -1,514
      -132
      1,397
      -1,709
      2,462
      2,612
      2,785
      694
      -758
      -1,046
      2,973
      -6,123
      4,145
      -590
      -746
      750
      3,091
      1,428
      2,287
      -1,069
      5,206
      2,786
      -3,348
      34,152
      -12,191
      1,550
      -24,566
      542,688
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 2 531,789
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  
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 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))
2013 1,642,759 15,669,279 0.104839
2012 955,908 14,067,883 0.067950
2011 874,245 11,890,558 0.073524
2010 814,970 6,760,229 0.120554
2009 1,206,929 3,933,602 0.306825
2 Total of line 1, column (d) ...................... 2 0.673692
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 0.134738
4 Enter the net value of noncharitable-use assets for 2014 from Part X, line 5..... 4 16,240,007
5 Multiply line 4 by line 3....................... 5 2,188,146
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 10,487
7 Add lines 5 and 6......................... 7 2,198,633
8 Enter qualifying distributions from Part XII, line 4.............. 8 947,130
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 (2014)
Form 990-PF (2014)
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 20,974
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 20,974
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 20,974
6 Credits/Payments:
a 2014 estimated tax payments and 2013 overpayment credited to 2014 6a 19,000
b Exempt foreign organizations—tax withheld at source....... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c 8,000
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 27,000
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. 8 18
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 6,008
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet6,008 RefundedBullet 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 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 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 2014 or the taxable year beginning in 2014 (see instructions for Part XIV)?
    If "Yes," complete Part XIV.............................
    9
     
    No
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    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 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 addressbulletN/A
    14
    The books are in care ofbulletLYNETTE KEDROWSKI Telephone no.bullet (952) 938-4811
    Located atbullet12987 PRIONEER TRLEDEN PRAIRIEMN ZIP+4bullet55347
    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 2014, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country?
    16   No
    See instructions for exceptions and filing requirements for FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR). If "Yes", enter the name of the foreign country bullet  
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 6
    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 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 2014?.............
    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 2014, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2014?...............
    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 2014 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 2014.)....................
    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 2014?
    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 4945(d)(4)(A)? (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 (2014)
    Form 990-PF (2014)
    Page 7
    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
    MARK D HANSON PRESIDENT, TREASURER DIR.
    1.00     		0 0 0
    12987 PIONEER TRAIL
    EDEN PRAIRIE,MN55347
    NANCY HANSON SECRETARY, DIR
    1.00     		0 0 0
    12987 PIONEER TRAIL
    EDEN PRAIRIE,MN55347
    KARI M HANSON V.P., DIR.
    1.00     		0 0 0
    9785 DORSCH LANE
    EDEN PRAIRIE,MN55437
    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 0
    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.............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 (2014)
    Form 990-PF (2014)
    Page 8
    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  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    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
    15,662,993
    b
    Average of monthly cash balances.......................
    1b
    824,324
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    16,487,317
    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
    16,487,317
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    247,310
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    16,240,007
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    812,000
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    812,000
    2a
    Tax on investment income for 2014 from Part VI, line 5......
    2a
    20,974
    b
    Income tax for 2014. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    20,974
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    791,026
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    791,026
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    791,026
    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
    947,130
    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
    947,130
    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
    0
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    947,130
    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 (2014)
    Form 990-PF (2014)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2013     		(c)
    2013     		(d)
    2014
    1 Distributable amount for 2014 from Part XI, line 7 791,026
    2 Undistributed income, if any, as of the end of 2014:
    a Enter amount for 2013 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2014:
    a From 2009....... 1,012,105
    b From 2010....... 481,586
    c From 2011....... 289,849
    d From 2012....... 261,210
    e From 2013....... 878,290
    fTotal of lines 3a through e......... 2,923,040
    4Qualifying distributions for 2014 from Part
    XII, line 4: bullet$ 947,130
    a Applied to 2013, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		0
    c Treated as distributions out of corpus (Election
    required—see instructions).........     		0
    d Applied to 2014 distributable amount..... 791,026
    e Remaining amount distributed out of corpus 156,104
    5 Excess distributions carryover applied to 2014. 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 3,079,144
    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 instructions ...........     		0
    e Undistributed income for 2013. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2014. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2015 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8Excess distributions carryover from 2009 not
    applied on line 5 or line 7 (see instructions) ...     		1,012,105
    9Excess distributions carryover to 2015.
    Subtract lines 7 and 8 from line 6a ......     		2,067,039
    10 Analysis of line 9:
    a Excess from 2010.... 481,586
    b Excess from 2011.... 289,849
    c Excess from 2012.... 261,210
    d Excess from 2013.... 878,290
    e Excess from 2014.... 156,104
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 10
    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 2014, 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) 2014 (b) 2013 (c) 2012 (d) 2011
             
    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).)
    MARK D HANSON
    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 or e-mail address of the person to whom applications should be addressed:
    MARK D HANSON
    12987 PIONEER TRL
    EDEN PRAIRIE,MN55347
    (952) 938-4811
    bThe form in which applications should be submitted and information and materials they should include:
    ORGANIZATION OR INDIVIDUAL SHOULD SUBMIT A DETAILED DESCRIPTION OF THE INDIVIDUAL OR ORGANIZATION AND THE PROPOSED ACTIVITIES AND PURPOSES OF THE ORGANIZATION OR INDIVIDUAL.
    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 (2014)
    Form 990-PF (2014)
    Page 11
    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 PUBLIC UNIVERSITY
    119 E WASHINGTON STREET
    CHARLES TOWN,WV25414     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 5,000
    CONCORDIA THEOLOGICAL SEMINARY
    6600 N CLINTON ST
    FORT WAYNE,IN46825     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 2,500
    GRANDVIEW UNIVERSITY
    1200 GRANDVIEW AVE
    DES MOINES,IA50316     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 10,000
    GWINNETT COLLEGE
    4230 HWY 29 NW
    LILBURN,GA30047     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 5,000
    HMONG MISSION SOCIETY
    3455 S VANBUREN RD
    RICHVILLE,MI48758     		NONE 501(C)(3) TUITION REDUCTION 5,000
    ST CLOUD COMMUNITY & TECHNICAL COLLEGE
    1540 NORTHWAY DR
    ST CLOUD,MN56303     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 5,000
    YOUTH FOR CHRIST INC
    116 W CLARK ST
    ALBERT LEA,MN56007     		NONE 501(C)(3) TUITION REDUCTION 5,000
    ASSOC FREE LUTHERAN BIBLE SCHOOL
    3134 E MEDICINE LAKE ROAD
    PLYMOUTH,MN55441     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 15,000
    ASSOC OF FREE LUTHERAN THEO SEMIN
    3120 E MEDICINE LAKE BLVD
    PLYMOUTH,MN55441     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 5,000
    FCA
    8701 LEEDS RD
    KANSAS CITY,MO64129     		NONE 501(C)(3) TUITION REDUCTION 3,500
    AUGUSTANA COLLEGE
    639 38TH STREET
    ROCK ISLAND,IL61201     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 10,000
    AUGUSTANA COLLEGE-SD
    2001 SOUTH SUMMIT AVENUE
    SIOUX FALLS,SD57197     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 5,000
    AZUSA PACIFIC UNIVERSITY
    921 EAST ALOSTA AVENUE
    AZUSA,CA91702     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 2,500
    BELMONT UNIVERSITY
    1900 BELMONT BLVD
    NASHVILLE,TN37212     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 5,000
    BEMIDJI STATE UNIVERSITY
    1500 BIRCHMONT DRIVE NE
    BEMIDJI,MN56601     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 5,000
    BETHLEHEM COLLEGE & SEMINARY
    720 13TH AVE S
    MINNEAPOLIS,MN55415     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 12,500
    BETHEL SEMINARY
    3949 BETHEL DRIVE
    ST PAUL,MN55112     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 5,000
    BETHEL UNIVERSITY
    3900 BETHEL DR
    ARDEN HILLS,MN55112     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 82,500
    BETHUNE COOKMAN UNIVERSITY
    640 DR MARY MCLEOD BETHUNE BLVD
    DAYTONA BEACH,FL32114     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 5,000
    BOB JONES UNIVERSITY
    1700 WADE HAMPTON BLVD
    GREENVILLE,SC29614     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 15,000
    CAMPUS CRUSADE CHRIST
    100 LAKE HART DR
    ORLANDO,FL32832     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 5,000
    CARTHAGE COLLEGE
    2001 ALFORD PARK DR
    KENOSHA,WI53140     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 5,000
    COMPASSION INTERNATIONAL
    12290 VOYAGER PARKWAY
    COLORADO SPRINGS,CO80921     		NONE 501 (C)(3) TUITION REDUCTION 4,800
    COLLEGE OF ST BENEDICT
    37 COLLEGE AVE S
    ST JOPSEPH,MN56374     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 5,000
    CONCORDIA COLLEGE MOORHEAD
    901 8TH ST S
    MOORHEAD,MN56562     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 52,500
    CONCORDIA UNIVERSITY-ST PAUL
    275 SYNDICATE ST N
    ST PAUL,MN55104     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 125,000
    CONCORDIA UNIVERSITY-TEXAS
    11400 CONCORDIA UNIVERSITY DRIVE
    AUSTIN,TX78726     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 5,000
    CROWN COLLEGE
    8700 COLLEGE VIEW DRIVE
    ST BONIFACIUS,MN55375     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 12,500
    DALLAS BAPTIST UNIVERSITY
    3000 MOUNTAIN CREEK PKWY
    DALLAS,TX75211     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 5,000
    DALLAS CHRISTIAN COLLEGE
    2700 CHRISTIAN PKWY
    DALLAS,TX75234     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 5,000
    DELASALLE HIGH SCHOOL
    1 DELASALLE DR
    MINNEAPOLIS,MN55401     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 5,000
    ELMHURST COLLEGE
    190 SOUTH PROSPECT AVENUE
    ELMHURST,IL60126     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 5,000
    EMMAUS LUTHERAN CHURCH
    1074 IDAHO AVE W
    ST PAUL,MN55117     		NONE 501 (C)(3) TUITION REDUCTION 2,200
    FLORIDA INTERNATIONAL UNIVERSITY
    11200 SW 8TH ST
    MIAMI,FL33199     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 5,000
    FINLANDIA UNIVERSITY
    601 QUINCY ST
    HANCOCK,MN49990     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 5,000
    FLORIDA STATE UNIVERSITY
    600 W COLLEGE AVE
    TALLAHASSEE,FL32306     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 5,000
    GUSTAVUS ADOLPHUS COLLEGE
    800 W COLLEGE AVE
    ST PETER,MN56082     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 5,000
    HAMLINE UNIVERSITY
    1536 HEWITT AVENUE
    ST PAUL,MN55104     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 15,000
    HOPE ACADEMY
    2300 CHICAGO AVE S
    MINNEAPOLIS,MN55404     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 5,000
    INDIANA UNIVERSITY PURDUE UNIVERSITY
    420 UNIVERSITY BLVD
    INDIANAPOLIS,IN46202     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 10,000
    ITASCA COMMUNITY COLLEGE
    1851 US 169
    GRAND RAPIDS,MN55744     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 5,000
    IOWA CENTRAL COMMUNITY COLLEGE
    1 TRITON CIRCLE
    FORT DODGE,IA50501     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 5,000
    IOWA STATE UNIVERSITY
    1750 BEARDSHEAR HALL
    AMES,IA50011     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 21,600
    KIRKWOOD COMMUNITY COLLEGE
    6301 KIRKWOOD BLVD SW
    CEDAR RAPIDS,IA52404     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 1,000
    IVY TECHNICAL COMMUNITY COLLEGE
    200 DANIELS WAY
    BLOOMINGTON,IN47404     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 5,000
    LOGAN COLLEGE OF CHIROPRACTIC
    1851 SCHOETTLER RD
    CHESTERFIELD,MN63017     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 5,000
    LUTHER COLLEGE
    700 COLLEGE DR
    DECORAH,IA52101     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 5,000
    LUTHERAN BRETHREN SEMINARY
    1020 ALCOTT AVE W
    FERGUS FALLS,MN56537     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 3,400
    MINNEAPOLIS COMMUNITY TECHNICAL COLLEGE
    1501 HENNEPIN AVE
    MINNEAPOLIS,MN55403     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 4,130
    MINNESOTA STATE UNIVERSITY MANKATO
    228 WIECKLING CTR
    MANKATO,MN56001     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 2,500
    MONTANA WILDERNESS SCHOOL OF THE BIBLE
    15431 DEARBORN CANYON RD
    AUGUSTA,MT59410     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 5,000
    MITCHELL TECHNICAL INSTITUTE
    1800 EAST SPRUCE STREET
    MITCHELL,SD57301     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 5,000
    MOODY BIBLE INSTITUTE
    820 N LASALLE BLVD
    CHICAGO,IL60610     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 10,000
    NORMANDALE COMM COLLEGE
    9700 FRANCE AVE S
    BLOOMINGTON,MN55431     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 5,000
    NORTH CENTRAL UNIVERSITY
    910 ELLIOT AVE SOUTH
    MINNEAPOLIS,MN55404     		NONE 501(C)(3) TUITION REDUCTION 27,500
    NORTH DAKOTA STATE UNIVERSITY
    1340 ADMINISTRATION AVE
    FARGO,ND58102     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 20,000
    NORTH HENNEPIN COMMUNITY COLLEGE
    7411 85TH AVE N
    BROOKLYN PARK,MN55455     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 2,500
    SOUTH DAKOTA STATE UNIVERSITY
    100 ADMINISTRATION LANE
    BOOKINGS,SD57006     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 5,000
    SOUTHWEST MINNESOTA STATE UNIVERSITY
    1501 STATE STREET
    MARSHALL,MN56258     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 7,500
    ST CATHERINES UNIVERSITY
    601 25TH AVENUE SOUTH
    MINNEAPOLIS,MN55454     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 10,000
    ST CLOUD STATE UNIVERSITY
    720 4TH AVENUE SOUTH
    ST CLOUD,MN56301     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 10,000
    ST JOHNS UNIVERSITY
    31802 COUNTY RD 159
    COLLEGEVILLE,MN56321     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 5,000
    ST MARYS COLLEGE OF MARYLAND
    18952 E FISHER RD
    ST MARYS CITY,MD20686     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 5,000
    THE MISSION SOCIETY
    6234 CROOKED CREEK RD NW
    NORCROSS,GA30092     		NONE 501(C)(3) TUITION REDUCTION 5,000
    ST MARYS UNIVERSITY-WINONA
    700 TERRACE HEIGHTS
    WINONA,MN55987     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 5,000
    TENTMAKERS
    810 1ST ST S
    HOPKINS,MN55343     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 3,000
    TENNESSEE STATE UNIVERSITY
    3500 JOHN A MERRITT BLVD
    NASHVILLE,TN37209     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 5,000
    TRINITY BIBLE COLLEGE
    50 6TH AVE N
    ELLENEDALE,ND58436     		NONE EDUCATIOANL INSTITUT TUITION REDUCTION 10,000
    TRUMAN STATE UNIVERSITY
    100 E NORMAL
    KIRKSVILLE,MO63501     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 5,000
    UNIVERSITY OF COLORADO-BOULDER
    UNIVERSITY OF COLORADO AT BOULDER
    BOULDER,CO80309     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 5,000
    UNIVERSITY OF EVANSVILLE
    1800 LINCOLN AVE
    EVANSVILLE,IN47714     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 5,000
    UNIVERSITY OF ILLINOIS-CHICAGO
    601 SOUTH MORGAN STREET
    CHICAGO,IL60607     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 5,000
    UNIVERSITY OF MINNESOTA-DULUTH
    10 UNIVERSITY DR 104
    DULUTH,MN55812     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 5,000
    UNIVERSITY OF MINNESOTA-MORRIS
    600 EAST 4TH STREET
    MORRIS,MN56267     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 5,000
    UNIVERSITY OF MINNESOTA-TWIN CITIES
    1425 UNIVERSITY AVE SE
    MINNEAPOLIS,MN55455     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 60,000
    UNIVERSITY OF THE CUMBERLANDS
    6178 COLLEGE STATION DR
    WILLIAMSBURG,KY40769     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 3,500
    UNIVERSITY OF NORTH DAKOTA
    3100 UNIVERSITY AVE STOP 8157
    GRAND FORKS,ND58202     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 10,000
    UNIVERSITY OF NORTHWESTERN-ST PAUL
    3003 N SNELLING AVE
    ST PAUL,MN55113     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 105,000
    UNIVERSITY OF ST THOMAS
    2115 SUMMIT AVENUE
    ST PAUL,MN55105     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 5,000
    UNIVERSITY OF WISCONSIN-EAU CLAIRE
    105 GARFIELD AVE
    EAU CLAIRE,WI54701     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 5,000
    UNIVERSITY OF WISCONSIN-STEVENS POINT
    2100 MAIN ST
    STEVENS POINT,WI54481     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 5,000
    WARTBURG COLLEGE
    222 9TH ST NW
    WAVERLY,IA50677     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 5,000
    WESTERN WASHINGTON UNIVERSITY
    516 HIGH STREET
    BELLINGHAM,WA98225     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 5,000
    WINONA STATE UNIVERSITY
    PO BOX 5838
    WINONA,MN55987     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 15,000
    Total .................................bullet 3a 947,130
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 12
    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....          
    3
    Interest on savings and temporary cash investments ............     		        226,706
    4 Dividends and interest from securities....         290,224
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6
    Net rental income or (loss) from personal property .............     		         
    7 Other investment income.....          
    8
    Gain or (loss) from sales of assets other than inventory .............     		        531,789
    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 0 1,048,719
    13Total. Add line 12, columns (b), (d), and (e)..................
    131,048,719
    (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.)
    3 Interest income is derived from investing excess cash in income producing savings accounts and government investments to continue the purpose of the Foundation.
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 13
    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 501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political
    Yes
    No
    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) 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 (2014)
    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.
    Arrow Bullet Information about Schedule B (Form 990, 990-EZ, or 990-PF) and its instructions is at www.irs.gov/form990.
    OMB No. 1545-0047
    2014
    Name of the organization
    THE EAGLE FOUNDATION
     
    Employer identification number

    20-8070601
    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 its Form 990PF, Part I, line 2, 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) (2014)

    Schedule B (Form 990, 990-EZ, or 990-PF) (2014)
    Page 2
    Name of organization
    THE EAGLE FOUNDATION
          		Employer identification number

    20-8070601
    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
     
     

    CORNERSTONE AUTO  
    17219 HIGHWAY 10 NW
     
    ELK RIVER, MN55330

    		$24,000


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

    MARK D HANSON IRREVOCABLE TRUST  
    12987 PIONEER TRAIL
     
    EDEN PRAIRIE, MN55347

    		$3,307,676


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

       
     
     

    		$  


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

       
     
     

    		$  


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

       
     
     

    		$  


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

       
     
     

    		$  


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2014)

    Schedule B (Form 990, 990-EZ, or 990-PF) (2014)
    Page 3
    Name of organization
    THE EAGLE FOUNDATION
          		Employer identification number

    20-8070601
    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
     
    		$    
    (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
     
    		$    
    (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) (2014)

    Schedule B (Form 990, 990-EZ, or 990-PF) (2014)
    Page 4
    Name of organization
    THE EAGLE FOUNDATION
          		Employer identification number

    20-8070601
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10)
    that total more than $1,000 for the year from any one contributor. 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) (2014)

    Additional Data


    Software ID:  
    Software Version:  

    TY 2014 AccountingFeesSchedule
    Name:
    THE EAGLE FOUNDATION
    EIN: 20-8070601
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    JUDD OSTERMANN & DEMRO 2,450 0   0

    TY 2014 InvestmentsOtherSchedule2
    Name:
    THE EAGLE FOUNDATION
    EIN: 20-8070601
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    STIFEL NICOLAUS BROKERAGE ACCT AT COST 7,217,740 6,901,682
    CETERA BROKERAGE ACCT AT COST 7,561,387 8,336,506

    TY 2014 OtherExpensesSchedule
    Name:
    THE EAGLE FOUNDATION
    EIN: 20-8070601
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    OFFICE EXPENSE 167 0   0
    LABOR 7,969 0   0


    TY 2014 OtherIncreasesSchedule
    Name:
    THE EAGLE FOUNDATION
    EIN: 20-8070601
    Description Amount
       


    TY 2014 OtherLiabilitiesSchedule
    Name:
    THE EAGLE FOUNDATION
    EIN: 20-8070601
    Description Beginning of Year - Book Value End of Year - Book Value
    PAYROLL LIABILITIES 0 7,969


    TY 2014 OtherProfessionalFeesSchedule
    Name:
    THE EAGLE FOUNDATION
    EIN: 20-8070601
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT ADVISORY FEES 27,245 0   0


    TY 2014 SubstantialContributorsSch
    Name:
    THE EAGLE FOUNDATION
    EIN: 20-8070601
    Name Address
     
          		12987 PIONEER TRAIL
    EDEN PRAIRIE,MN55347


    TY 2014 TaxesSchedule
    Name:
    THE EAGLE FOUNDATION
    EIN: 20-8070601
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FORM 990 PF 26,594 0   0
    MN MIN FEE 25 0   0