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
SLAGGIE FAMILY FOUNDATION
 

Number and street (or P.O. box number if mail is not delivered to street address)111 MARKET ST NO 3B   Room/suite
City or town, state or province, country, and ZIP or foreign postal code
WINONA, MN55987
A Employer identification number

41-1878894
B Telephone number (see instructions)

(507) 474-9150
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$28,625,036J 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).............. 1,821,040
2 Check bullet
Sch. B ...............
3 Interest on savings and temporary cash investments 202,922 202,922  
4 Dividends and interest from securities...... 459,537 459,537  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 1,096,873
b Gross sales price for all assets on line 6a 14,079,316
7 Capital gain net income (from Part IV, line 2)... 1,096,873
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........ 3,580,372 1,759,332 0
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0 0 0
14 Other employee salaries and wages...... 14,418 1,442 0 12,976
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 13,630 0 0 0
c Other professional fees (attach schedule).... Click to see attachment 218,889 218,889 0 0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 1,127 113 0 1,014
19 Depreciation (attach schedule) and depletion...      
20 Occupancy.............. 4,607 461 0 4,146
21 Travel, conferences, and meetings....... 4,221 422 0 3,799
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 9,395 0 0 0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 266,287 221,327 0 21,935
25 Contributions, gifts, grants paid........ 1,261,524 1,261,524
26 Total expenses and disbursements. Add lines 24 and 25 1,527,811 221,327 0 1,283,459
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 2,052,561
b Net investment income (if negative, enter -0-) 1,538,005
c Adjusted net income (if negative, enter -0-)... 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............... 2,542,138 1,171,672 1,171,672
2 Savings and temporary cash investments..........      
3 Accounts receivable bullet910,520
Less: allowance for doubtful accounts bullet     910,520 910,520
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) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use...............      
9 Prepaid expenses and deferred charges...........   12,998 12,998
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)........ 11,674,342 Click to see attachment5,701,453 12,480,985
c Investments—corporate bonds (attach schedule)........ 4,179,948 Click to see attachment13,198,478 13,494,799
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............. 665,648 542,389 542,389
13 Investments—other (attach schedule)...........      
14 Land, buildings, and equipment: basis bullet11,673
Less: accumulated depreciation (attach schedule) bullet   11,673 Click to see attachment11,673 11,673
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 19,073,749 21,549,183 28,625,036
Liabilities 17 Accounts payable and accrued expenses.......... 503 900
18 Grants payable..................    
19 Deferred revenue..................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet) Click to see attachment0 Click to see attachment422,476
23 Total liabilities (add lines 17 through 22).......... 503 423,376
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 19,073,246 21,125,807
30 Total net assets or fund balances (see instructions)...... 19,073,246 21,125,807
31 Total liabilities and net assets/fund balances (see instructions).. 19,073,749 21,549,183
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 19,073,246
2 Enter amount from Part I, line 27a..................... 2 2,052,561
3 Other increases not included in line 2 (itemize) bullet 3 0
4 Add lines 1, 2, and 3.......................... 4 21,125,807
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 21,125,807
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 PUBLICLY TRADED SECURITIES      
b PUBLICLY TRADED SECURITIES      
c PUBLICLY TRADED SECURITIES      
d CAPITAL GAINS DIVIDENDS P    
e
(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 8,340,956   8,271,080 69,876
b 5,550,084   4,674,150 875,934
c     37,213 -37,213
d 188,276     188,276
e
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       69,876
b       875,934
c       -37,213
d       188,276
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 1,096,873
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 1,444,593 24,852,680 0.058126
2012 617,109 19,251,384 0.032055
2011 1,107,396 15,236,121 0.072682
2010 449,044 13,764,544 0.032623
2009 590,551 11,354,267 0.052011
2 Total of line 1, column (d) ...................... 2 0.247497
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 0.049499
4 Enter the net value of noncharitable-use assets for 2014 from Part X, line 5..... 4 27,009,254
5 Multiply line 4 by line 3....................... 5 1,336,931
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 15,380
7 Add lines 5 and 6......................... 7 1,352,311
8 Enter qualifying distributions from Part XII, line 4.............. 8 1,283,459
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 30,760
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 30,760
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 30,760
6 Credits/Payments:
a 2014 estimated tax payments and 2013 overpayment credited to 2014 6a 14,400
b Exempt foreign organizations—tax withheld at source....... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c 20,000
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 34,400
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. 8 48
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 3,592
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet3,592 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 ofbulletMICHAEL SLAGGIE Telephone no.bullet (507) 474-3005
    Located atbullet111 MARKET STREET STE 3BWINONAMN ZIP+4bullet55987
    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
    STEPHEN M SLAGGIE PRESIDENT
    2.00     		0 0 0
    111 MARKET STREET SUITE 3B
    WINONA,MN55987
    BARBARA J SLAGGIE SECRETARY
    1.00     		0 0 0
    111 MARKET STREET SUITE 3B
    WINONA,MN55987
    MICHAEL J SLAGGIE VP
    12.00     		0 0 0
    111 MARKET STREET SUITE 3B
    WINONA,MN55987
    AMANDA SLAGGIE TRUSTEE
    1.00     		0 0 0
    111 MARKET STREET SUITE 3B
    WINONA,MN55987
    MATTHEW S SLAGGIE TREASURER
    1.00     		0 0 0
    111 MARKET STREET SUITE 3B
    WINONA,MN55987
    SARA J SLAGGIE POULOS TRUSTEE
    1.00     		0 0 0
    111 MARKET STREET SUITE 3B
    WINONA,MN55987
    GREGORY T POULOS TRUSTEE
    1.00     		0 0 0
    111 MARKET STREET SUITE 3B
    WINONA,MN55987
    MICHELLE M SCHLEHUBER TRUSTEE
    1.00     		0 0 0
    111 MARKET STREET SUITE 3B
    WINONA,MN55987
    THOMAS M SCHLEHUBER TRUSTEE
    1.00     		0 0 0
    111 MARKET STREET SUITE 3B
    WINONA,MN55987
    LINDSAY SLAGGIE TRUSTEE
    1.00     		0 0 0
    111 MARKET STREET SUITE 3B
    WINONA,MN55987
    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
    24,959,638
    b
    Average of monthly cash balances.......................
    1b
    1,856,905
    c
    Fair market value of all other assets (see instructions)................
    1c
    604,019
    d
    Total (add lines 1a, b, and c).........................
    1d
    27,420,562
    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
    27,420,562
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    411,308
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    27,009,254
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    1,350,463
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    1,350,463
    2a
    Tax on investment income for 2014 from Part VI, line 5......
    2a
    30,760
    b
    Income tax for 2014. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    30,760
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,319,703
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    1,319,703
    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
    1,319,703
    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
    1,283,459
    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
    1,283,459
    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
    1,283,459
    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 1,319,703
    2 Undistributed income, if any, as of the end of 2014:
    a Enter amount for 2013 only....... 237,832
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2014:
    a From 2009.......  
    b From 2010.......  
    c From 2011.......  
    d From 2012.......  
    e From 2013.......  
    fTotal of lines 3a through e......... 0
    4Qualifying distributions for 2014 from Part
    XII, line 4: bullet$ 1,283,459
    a Applied to 2013, but not more than line 2a 237,832
    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..... 1,045,627
    e Remaining amount distributed out of corpus 0
    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 0
    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 ..........     		274,076
    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) ...     		0
    9Excess distributions carryover to 2015.
    Subtract lines 7 and 8 from line 6a ......     		0
    10 Analysis of line 9:
    a Excess from 2010....  
    b Excess from 2011....  
    c Excess from 2012....  
    d Excess from 2013....  
    e Excess from 2014....  
    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).)
    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:
    SLAGGIE FAMILY FOUNDATION
    111 MARKET STREET STE 3B
    WINONA,MN55987
    (507) 474-9150
    bThe form in which applications should be submitted and information and materials they should include:
    APPLICATION AVAILABLE VIA EMAIL OR BY CALLING OFFICE. INCLUDE LETTER STATING REQUEST, ORGANIZATION STATUS AND EIN
    cAny submission deadlines:
    NO DUE DATE
    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 RED CROSS
    1660 KRAEMER DR
    WINONA,MN55987     		    DISASTER RELIEF 12,000
    ASSUMPTION CHURCH
    323 WEST ILLINOIS STREET
    CHICAGO,IL60654     		    GENERAL FUND 1,000
    BAYSTATE JDRF
    60 WALNUT STREET SUITE 201
    WELLESLEY HILLS,MA02181     		    EDUCATION AND OUTREACH PROGRAM 9,500
    GREATER MARCO ISLAND YMCA
    101 SAND HILL ST
    MARCO ISLAND,FL34145     		    BEDTIME BUNDLES FUND TO HELP MIGRANT WORKER FAMILIES 5,500
    BIG BROTHERS BIG SISTERS
    51 E 4TH ST 401
    WINONA,MN55987     		    BOWL FOR KIDS 7,500
    CATHOLIC CHARITIES
    111 MARKET ST SUITE 2
    WINONA,MN55987     		    YEARLY APPEAL 9,000
    CHILDREN'S MUSEUM OF LACROSSE
    207 5TH AVE SOUTH
    LA CROSSE,WI54601     		    WHERE NEEDED TO ASSIST IN EDUCATING CHILDREN 1,000
    COMPASS FOR KIDS
    4 MILITIA DRIVE
    LEXINGTON,MA02421     		    HOMELESS FAMILIES PROGRAM SUPPORT 15,000
    CONVENT OF THE VISITATION SCHOOL
    2455 VISITATION DRIVE
    MENDOTA HEIGHTS,MN55120     		    CAPITAL IMPROVEMENTS EXPANSION 75,000
    COTTER HIGH SCHOOL
    1115 WEST BROADWAY ST
    WINONA,MN55987     		    $40,000 BAND PROGRAM; $6,000 PHON-A-THON, $400 HIGH SCHOOL CLASSIC, $15,100 GENERAL PROGRAMS 61,500
    DIOCESE OF WINONA
    55 W SANBORN
    WINONA,MN55987     		    ROOTED IN FAITH PROGRAM TO TAKE CARE OF PRIESTS 20,000
    DOCTORS WITHOUT BORDERS
    333 7TH AVENUE
    NEW YORK,NY100015004     		    WHERE NEEDED TO ASSIST IN INTERNATIONAL MEDICAL AID 3,000
    DODGE NATURE CENTER
    365 MARIE AVENUE WEST
    WEST SAINT PAUL,MN55118     		    GENERAL FUND WHERE NEEDED 10,000
    FAMILY & CHILDREN'S CENTER
    601 FRANKLIN ST
    WINONA,MN55987     		    $50,000 BUILDING RENOVATION FUND; $1,000 BLUE KIDS & MATTIE PLACE FUND 51,000
    FROZEN RIVER FILM FESTIVAL
    LOCAL
    WINONA,MN55987     		    GENERAL FUND WHERE NEEDED TO ENGAGE, EDUCATE AND ACTIVATE PARTICIPANTS 5,000
    GRACE PLACE
    66 E 2ND ST
    WINONA,MN55987     		    WHERE NEEDED TO HELP WOMEN, CHILDREN AND FAMILIES 5,000
    HERITAGE MIDDLE SCHOOL
    121 BUTLER AVE W
    WEST SAINT PAUL,MN55118     		    PROGRAM TO PROMOTE EDUCATION 14,000
    HERMITS OF ST MARY OF CARMEL
    33005 STINSON RIDGE RD
    HOUSTON,MN55943     		    GENERAL FUND 5,000
    HOME & COMMUNITY OPTIONS
    66 E 3RD ST 101
    WINONA,MN55987     		    SPONSOR A PRODUCTION FOR DISABLED 1,000
    IMMACULATE HEART OF MARY SEMINARY
    750 TERRACE HEIGHTS
    WINONA,MN55987     		    GENERAL FUND WHERE NEEDED 1,000
    KELVAR MAIR FOUNDATION
    PO BOX 8
    HASTINGS,MN55033     		    REFUGE AND CARE FOR UNWANTED AND ABUSED ANIMALS 10,000
    LET'S GO FISHING
    251 MAIN STREET
    WINONA,MN55987     		    WINONA PROGRAM TO PROVIDE FREE FISHING AND BOATING FOR KIDS SENIORS AND VETERANS 1,000
    LEXINGTON EDUCATION FOUNDATION
    594 MARRETT RD SUITE 7
    LEXINGTON,MA074217605     		    GENERAL FUND 5,000
    LORAS COLLEGE
    1450 ALTA VISTA STREET
    DUBUQUE,IA52001     		    SCHOLARSHIP FUND 3,000
    LOVELANE SPECIAL NEEDS
    40 BAKER BRIDGE ROAD
    LINCOLN,MA01773     		    HORSEBACK RIDING FOR DISABLED - GENERAL FUND WHERE NEEDED 5,000
    LOYOLA UNIVERSITY
    1032 W SHERIDAN RD
    CHICAGO,IL60660     		    ALUMNI FUND SCHOLARSHIP 1,000
    MAKE A WISH FOUNDATION
    4742 N 24TH STREET SUITE 400
    PHOENIX,AZ850164862     		    GRANT WISHES TO CHILDREN WITH TERMINAL ILLNESSES 10,000
    MARQUETTE UNIVERSITY
    1250 W WISCONSIN AVE
    MILWAUKEE,WI53233     		    SCHOOL OF BUSINESS SCHOLARSHIP FUND 5,000
    MAYO CLINIC
    200 FIRST STREET SW
    ROCHESTER,MN55905     		    REPRODUCTIVE AND FERTILITY DEPARTMENT 5,000
    MN BEETHOVEN FESTIVAL
    700 TERRACE HEIGHTS
    WINONA,MN55987     		    SPONSOR OF FESTIVAL TO INCREASE APPRECIATION OF CLASSICAL MUSIC 25,000
    MN MARINE ART MUSEUM
    800 RIVERVIEW DR
    WINONA,MN55987     		    BUILDING GALLERY CAPITAL IMPROVEMENTS 160,564
    MN PRIVATE COLLEGE FUND
    445 MINNESOTA STREET SUITE 500
    ST PAUL,MN55101     		    GENERAL FUND 1,500
    MORRIE MILLER FOUNDATION
    580 E FRONT ST
    WINONA,MN55987     		    SPORT/ATHLETIC ACTIVITIES FOR YOUTH 4,000
    OPERATION SMILE
    3641 FACULTY BOULEVARD
    VIRGINIA BEACH,VA23453     		    HELP TREAT FACIAL DEFORMITIES IN CHILDREN 2,500
    SALVATION ARMY
    1443 W SERVICE DR
    WINONA,MN55987     		    WINONA CHAPTER GENERAL FUND 3,000
    SMILE TRAIN
    PO BOX 966231
    WASHINGTON,DC200906231     		    INTERNATIONALLY PROVIDE FREE CLEFT LIP AND PALATE REPAIR SURGERY TO CHILDREN 2,500
    ST BRIGID'S PARISH
    2001 MASSACHUSETTS AVENUE
    LEXINGTON,MA02421     		    GENERAL FUND 2,500
    ST FELIX SCHOOL
    130 3RD STREET EAST
    WABASHA,MN55981     		    NEW LUNCH TABLES 15,100
    ST JOHN'S UNIVERSITY
    2850 ABBEY RD
    COLLEGEVILLE,MN56321     		    ALUMNI FUND 4,500
    ST NORBERT'S COLLEGE
    100 GRANT STREET
    DE PERE,WI54115     		    GENERAL FUND 1,000
    ST STANISLAUS KOSKA
    625 E 4TH ST
    WINONA,MN55987     		    FALL FEST SPONSOR 500
    THEATER DU MISSISSIPPI
    255 MAIN STREET
    WINONA,MN55987     		    DEVELOP AND PERFORM ARTISTIC PROGRAMS THAT ADDRESS IMPORTANT CONTEMPORARY ISSUES 3,500
    UNITED WAY
    902 E 2ND ST
    WINONA,MN55987     		    IMPROVE THE LIVES OF THOSE IN THE COMMUNITY 3,500
    UNIVERSITY OF MINNESOTA FOUNDATION
    200 OAK STREET SE SUITE 500
    MINNEAPOLIS,MN554552010     		    "FORE GOLF" EVENT TO RAISE FUNDS FOR DIABETIC RESEARCH 2,500
    WINONA AREA CATHOLIC SCHOOLS
    602 E 5TH ST
    WINONA,MN55987     		    TUITION PROGRAM 364,800
    WINONA AREA HUMANE SOCIETY
    1112 E BROADWAY ST
    WINONA,MN55987     		    RENOVATION OF DOG BAY AND WHERE NEEDED MOST 15,000
    WINONA COMMUNITY FOUNDATION
    51 E 4TH ST 314
    WINONA,MN55987     		    $2,000 COATS FOR KIDS; $3,000 BK5K ROAD RACE 5,000
    WINONA DAC
    1721 SERVICE DR
    WINONA,MN55987     		    BUILDING EXPANSION 50,000
    WINONA STATE UNIVERSITY FOUNDATION
    175 WEST MARK STREET
    WINONA,MN55987     		    WARRIOR SCHOLARSHIPS 2,100
    WINONA VOLUNTEER SERVICES
    402 E 2ND ST
    WINONA,MN55987     		    CHILDREN'S BACKPACK PROGRAM 10,000
    SIMON SAYS GIVE
    PO BOX 211172
    EAGAN,MN55121     		    SUPPORT KIDS WITH BIRTHDAY CELEBRATIONS AND SCHOOL READINESS SUPPLIES 3,000
    POLISH CULTURAL INSTITUTE AND MUSEUM
    102 LIBERTY ST
    WINONA,MN55987     		    BOYS IN BLACK ART EXHIBIT 1,000
    SAINT ANNE'S FOUNDATION
    1345 WEST BROADWAY
    WINONA,MN55987     		    GENERAL FUND 1,000
    READY SET SCHOOL
    317 MARKET STREET
    WINONA,MN55987     		    PROVIDING UNDERPRIVILEGED CHILDREN ESSENTIAL SCHOOL SUPPLIES AND CLOTHING 1,000
    ST THOMAS MORE CATHOLIC NEWMAN CENTER
    475 HUFF ST
    WINONA,MN56001     		    SPIRITUAL SUPPORT FOR COLLEGE STUDENTS 2,000
    FREEDOM HONOR FLIGHT
    PO BOX 505
    LA CROSSE,WI546020505     		    FLY VETERANS TO WASHINGTON D.C. TO VISIT MEMORIALS THAT STAND IN THEIR HONOR 1,000
    WINONA AREA YOUTH HOCKEY ASSOCIATION
    670 EAST FRONT STREET
    WINONA,MN55987     		    PROVIDE HOCKEY OPPORTUNITIES TO CHILDREN OF WINONA 4,160
    WINONA AREA PUBLIC SCHOOLS
    903 GILMORE AVE
    WINONA,MN55987     		    I CAN BIKE PROGRAM - TEACHING DISABLED TO RIDE A BIKE INDEPENDENTLY 500
    NATIONAL MULTIPLE SCLEROSIS SOCIETY
    200 12TH AVE S
    MINNEAPOLIS,MN55415     		    RESEARCH FOR A CURE AND ADDRESS CHALLENGES OF THOSE AFFECTED BY MS 100
    NADIA'S GIFT
    1541 86TH CT E
    INNER GROVE HEIGHTS,MN55077     		    HELP FOR FAMILIES OF CHILDREN WITH CANCER 1,000
    THELMA SADOFF CENTER FOR THE ARTS
    51 SHEBOYGAN ST
    FOND DU LAC,WI54935     		    ADVOCATE, EDUCATE AND PROVIDE ACCESS TO ARTS FOR COMMUNITY 1,000
    JOSIAH WILLARD HAYDEN RECREATION CENTRE
    24 LINCOLN ST
    LEXINGTON,MA02421     		    SCHOLARSHIP FUND 1,000
    LIFE CHRONICLES
    113 W MISSION ST SUITE B2
    SANTA BARBARA,CA93101     		    HELP FAMILIES HEAL AND CONNECT BY VIDEOTAPING LIFE STORIES OF ELDERLY OR SERIOUSLY ILL LOVED ONE 1,000
    FRIENDS OF WINONA PUBLIC LIBRARY
    151 WEST 5TH ST
    WINONA,MN55987     		    GENERAL FUND OF FRIENDS 1,000
    SISTERS OF ST JOSEPH OF CARONDELET
    1884 RANDOLPH AVE
    ST PAUL,MN55105     		    GENERAL FUND - MPLS/ST. PAUL 1,000
    THE KNIGHTS OF COLUMBUS STUDENT LOAN FUND
    119 W MAIN ST
    BELLE PLAINE,MN56011     		    SCHOLARSHIP 1,000
    FIRST BOOK COLLIER COUNTY
    1100 FIFTH AVE SOUTH SUITE 201
    NAPLES,FL34102     		    BOOKS FOR KIDS 1,000
    NATIONAL EAGLE CENTER
    50 PEMBROKE AVE
    WABASHA,MN55981     		    FOSTER ENVIRONMENTAL STEWARDSHIP AND SUSTAINABLITY THROUGH EDUCATION 1,000
    HANCOCK UNITED CHURCH OF CHRIST
    1912 MASSACHUSETTS AVE
    LEXINGTON,MA02421     		    LIFT UP LEXINGTON FUND 3,500
    NEIGHBOR BRIGADE
    PO BOX 248
    LEXINGTON,MA02420     		    PROVIDE FREE, TEMPORARY NON-MEDICAL SUPPORT TO THOSE EXPERIENCING UNEXPECTED EMERGENCIES 2,000
    ST THEODORE CATHOLIC SCHOOL
    315 E CLARK ST
    ALBERT LEA,MN56007     		    SCHOLARSHIP 5,000
    H20 FOR LIFE
    1310 HIGHWAY 96 EAST 235
    WHITE BEAR LAKE,MN55110     		    ENGAGE, EDUCATE AND INSPIRE YOUTH TO TAKE ACTION AND BECOME GLOBAL CITIZENS 10,000
    DIOCESE OF VENICE
    1000 PINEBROOK RD
    VENICE,FL34285     		    GENERAL FUND 12,000
    WE CARE PROJECT
    206 FERGUS AVE
    MORGAN,MN56266     		    FOOD SHELF FUND WHERE NEEDED 20,000
    HABITAT FOR HUMANITY
    161 LAFAYETTE ST
    WINONA,MN55987     		    HOUSE SPONSOR 7,000
    ST MARY'S CEMETARY
    1190 SUGAR LOAF RD
    WINONA,MN55987     		    GENERAL UPKEEP 3,000
    GREAT RIVER SHAKESPEARE FESTIVAL
    79 E 3RD ST
    WINONA,MN55987     		    ENRICH PEOPLE'S LIVES WITH DYNAMIC AND CLEARLY SPOKEN PRODUCTIONS OF SHAKESPEARE'S PLAYS 100,000
    ST ELIZABETH'S MEDICAL FOUNDATION
    1200 GRANT BLVD WEST
    WABASHA,MN55981     		    BURRICHTER SCHOLARSHIP FUND 5,000
    CRADLES TO CRAYONS
    155 NORTH BEACON ST
    BRIGHTON,MA02135     		    PROGRAM FUND TO HELP KIDS IN POVERTY BY PROVIDING ESSENTIAL ITEMS 10,000
    WINONA ORC
    1053 E MARK STREET
    WINONA,MN55987     		    GENERAL PROGRAMS HELPING THOSE WITH SPECIAL NEEDS 1,200
    HEIFER INTERNATIONAL
    1 WORLD AVE
    LITTLE ROCK,AR72202     		    END HUNGER AND POVERTY AROUND THE WORLD BY PROVIDING LIVESTOCK AND TRAINING TO STRUGGLING COMMUNITIES 1,000
    NORTH SUBURBAN YMCA
    137 LEXINGTON ST
    WOBURN,MA01801     		    KIDS PROGRAM FUND 5,000
    BE A LEADER FOUNDATION
    1715 W NORTHERN AVE SUITE 104
    PHOENIX,AZ85021     		    INSPIRING AND EMPOWERING ELEMENTARY AND HIGH SCHOOL STUDENTS TO BECOME COLLEGE-BOUND 5,000
    JEREMIAH PROGRAM
    1510 LAUREL AVE SUITE 100
    MINNEAPOLIS,MN55403     		    TRANSFORM FAMILIES FROM POVERTY TO PROSPERITY 10,000
    LEXINGTON INTERFAITH FOOD PANTRY
    PO BOX 635
    LEXINGTON,MA02420     		    FOOD PANTRY 3,000
    Total .................................bullet 3a 1,261,524
    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 ............     		    14 202,922  
    4 Dividends and interest from securities....     14 459,537  
    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 .............     		    18 1,096,873  
    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 1,759,332 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    131,759,332
    (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 (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
    SLAGGIE FAMILY FOUNDATION
     
    Employer identification number

    41-1878894
    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
    SLAGGIE FAMILY FOUNDATION
          		Employer identification number

    41-1878894
    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
     
     

    NIPPER NCLA TRUST NO 1  
    111 MARKET ST STE 3B
     
    WINONA, MN55987

    		$910,520


    (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.)
    (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
    SLAGGIE FAMILY FOUNDATION
          		Employer identification number

    41-1878894
    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
    SLAGGIE FAMILY FOUNDATION
          		Employer identification number

    41-1878894
    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:
    SLAGGIE FAMILY FOUNDATION
    EIN: 41-1878894
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING 13,630 0 0 0

    TY 2014 InvestmentsCorpBondsSchedule
    Name:
    SLAGGIE FAMILY FOUNDATION
    EIN: 41-1878894
    Name of Bond End of Year Book Value End of Year Fair Market Value
    BONDS 13,198,478 13,494,799

    TY 2014 InvestmentsCorpStockSchedule
    Name:
    SLAGGIE FAMILY FOUNDATION
    EIN: 41-1878894
    Name of Stock End of Year Book Value End of Year Fair Market Value
    STOCKS 5,701,453 12,480,985

    TY 2014 LandEtcSchedule2
    Name:
    SLAGGIE FAMILY FOUNDATION
    EIN: 41-1878894
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    WINONA WATERS OFFICE 8,500 0 8,500 8,500
    FURNITURE 3,173 0 3,173 3,173


    TY 2014 OtherExpensesSchedule
    Name:
    SLAGGIE FAMILY FOUNDATION
    EIN: 41-1878894
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    OFFICE EXPENSES 2,417 0 0 0
    MN REGISTRATION FEE 25 0 0 0
    INTEREST EXPENSE 4,503 0 0 0
    DUES AND ASSOCIATIONS 2,450 0 0 0


    TY 2014 OtherLiabilitiesSchedule
    Name:
    SLAGGIE FAMILY FOUNDATION
    EIN: 41-1878894
    Description Beginning of Year - Book Value End of Year - Book Value
    MARGIN PAYABLE 0 422,476


    TY 2014 OtherProfessionalFeesSchedule
    Name:
    SLAGGIE FAMILY FOUNDATION
    EIN: 41-1878894
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT FEES 218,889 218,889 0 0


    TY 2014 SubstantialContributorsSch
    Name:
    SLAGGIE FAMILY FOUNDATION
    EIN: 41-1878894
    Name Address
     
          		111 MARKET STREET STE 3B
    WINONA,MN55987
    STEPHEN M SLAGGIE 111 MARKET STREET STE 3B
    WINONA,MN55987
    BARBARA SLAGGIE 111 MARKET STREET STE 3B
    WINONA,MN55987


    TY 2014 TaxesSchedule
    Name:
    SLAGGIE FAMILY FOUNDATION
    EIN: 41-1878894
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PAYROLL TAXES 1,127 113 0 1,014