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
2015
Open to Public Inspection
For calendar year 2015, or tax year beginning 01-01-2015 , and ending 12-31-2015
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:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$18,430,507J Accounting method:
 
(Part I, column (d) must be on cash basis.)
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) 1,101,676
2 Check bullet Sch. B .............
3 Interest on savings and temporary cash investments 250,338 250,338  
4 Dividends and interest from securities... 146,420 146,420  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 165,016
b Gross sales price for all assets on line 6a 10,323,426
7 Capital gain net income (from Part IV, line 2)... 165,016
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........ 1,663,450 561,774  
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 2,570 0   0
c Other professional fees (attach schedule).... Click to see attachment 25,953 0   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 25,618 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 9,779 0   0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 63,920 0   0
25 Contributions, gifts, grants paid....... 1,002,008 1,002,008
26 Total expenses and disbursements. Add lines 24 and 25 1,065,928 0   1,002,008
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 597,522
b Net investment income (if negative, enter -0-) 561,774
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2015)
Form 990-PF (2015)
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............. 3,958,581 105,740 105,740
2 Savings and temporary cash investments......... 794,481 11,030,725 11,030,725
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).......... 14,779,127 Click to see attachment7,926,215 7,254,042
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) 19,572,189 19,102,680 18,430,507
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 attachment7,969 Click to see attachment0
23 Total liabilities (add lines 17 through 22)......... 1,057,969 0
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted..................    
25 Temporarily restricted...............    
26 Permanently restricted...............    
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds........ 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 18,514,220 19,102,680
30 Total net assets or fund balances (see instructions)..... 18,514,220 19,102,680
31 Total liabilities and net assets/fund balances (see instructions). 19,572,189 19,102,680
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
18,514,220
2
Enter amount from Part I, line 27a .....................
2
597,522
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
19,111,742
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
9,062
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
19,102,680
Form 990-PF (2015)
Form 990-PF (2015)
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 ACTIVISION BLIZZARD INC P 2014-07-16 2015-05-07
b ACTIVISION BLIZZARD INC P 2014-07-16 2015-05-18
c ALTRIA GROUP INC P 2015-04-20 2015-09-17
d ANALOG DEVICES INC P 2014-12-02 2015-02-24
e BEST BUY COMPANY INC P   2015-02-17
BIG LOTS INC P   2015-10-06
BP PLC SPONSORED ADR P 2014-12-09 2015-02-17
CATAMARAN CORP P 2013-11-05 2015-03-31
COACH INC P   2015-02-24
FABRINET P 2015-05-05 2015-08-27
GENERAL MILLS INC P 2015-05-06 2015-12-28
KRAFT HEINZ CO P 2015-07-07 2015-07-31
LINKEDIN CORP P 2013-12-13 2015-02-06
LINKEDIN CORP P 2013-12-13 2015-02-06
LKQ CORP P 2014-12-19 2015-07-20
MAGNACHIP SEMICONDUCTOR CORP P 2012-05-11 2015-05-18
MENS WEARHOUSE INC P 2014-07-02 2015-05-18
MOLSON COORS BREWING COMPANY P 2014-12-02 2015-09-17
MONRO MUFFLER BRAKE INC P 2015-07-20 2015-09-22
NOBLE ENERGY INC P 2015-07-22 2015-07-22
OCEANFIRST FINANCIAL CORP P 2014-12-02 2015-03-24
PENSKE AUTOMOTIVE GROUP INC P 2015-02-04 2015-07-13
PHILLIP MORRIS INTL INC P 2015-02-05 2015-10-06
RAYTHEON COMPANY NEW P 2015-10-30 2015-11-18
REPUBLIC SERVICES INC P 2014-12-02 2015-06-18
ROSETTA RESOURCES INC P 2014-06-11 2015-05-11
ROYAL CARIBBEAN CRUISES LIMITED P 2015-04-17 2015-06-18
SOTHEBYS CLASS A P   2015-06-17
TRIUMPH GROUP INC P 2014-11-21 2015-05-08
YUM BRANDS INC P 2014-07-14 2015-04-29
SOUTHERN IL UNIV REV HSG P 2012-01-06 2015-07-01
ROMEOVILLE IL SER B ASSURED GTY P 2012-01-10 2015-07-01
WISCONSIN CTR DIST WI TAX REV SV P 2012-01-10 2015-03-10
COOK & DU PAGE CNTYS IL SCH DIST P 2012-01-17 2015-07-01
METRO PIER & EXPO ATH IL ST TAX P 2012-01-31 2015-03-16
CHICAGO IL RFDG & PJ SER C P 2012-02-27 2015-07-01
NEW JERSEY EDA MTR VEH SURCHARGES P 2012-03-08 2015-04-17
ILLINOIS ST PENSION P 2012-03-09 2015-07-01
MIDDLESEX CNTY NJ IMPT AUTH P 2013-05-06 2015-08-25
HEWLETT PACKARD COMPANY P 2013-06-05 2015-02-03
STIFEL FINANCIAL CORP SR NOTE P 2013-08-06 2015-01-15
STIFEL FINANCIAL CORP SR NOTE P 2013-10-23 2015-01-15
TRIANGLE CAPITAL CORP SR NOTE P 2014-03-03 2015-06-22
CHICAGO IL BRD ED CAB P 2014-06-16 2015-07-01
ALLERGAN INC NOTE P 2014-06-20 2015-02-03
VERISIGN INC SR NOTE P 2014-07-07 2015-07-08
VERISIGN INC SR NOTE P 2014-11-18 2015-07-08
AMAZON COM INC NOTE P 2014-12-03 2015-11-02
TRIANGLE CAPITAL CORP NOTE P 2015-02-04 2015-07-20
TRIANGLE CAPITAL CORP NOTE P 2015-02-04 2015-07-20
TRIANGLE CAPITAL CORP NOTE P 2015-02-04 2015-07-20
TITAN INTL INC SR SEED NOTE P 2015-02-26 2015-04-07
GUGGENHEIM CREDIT ALLOCATION FUND P 2013-06-26 2015-03-19
FIRST TRUST SABRIENT BAKERS DZN P 2015-01-15 2015-03-26
AG MORTGAGE INVESTMENT TR INC P 2013-04-29 2015-11-30
AG MORTGAGE INVESTMENT TR INC P 2013-04-29 2015-11-30
ARES CAPITAL CORP SENIOR NOTE P   2015-03-16
CAPITAL ONE FINL CORP P 2013-03-14 2015-02-05
CAPITAL ONE FINL CORP P 2013-03-14 2015-02-05
CAPITAL ONE FINL CORP P 2013-03-14 2015-02-05
CAPITAL ONE FINL CORP P 2013-03-14 2015-02-05
CITY NATIONAL CORP P   2015-07-16
FIRSTMERIT CORP NON CUML P 2013-01-30 2015-07-20
HERCULES TECH GROWTH CAP P 2013-10-01 2015-12-18
JP MORGAN CHASE & COMPANY P 2013-04-04 2015-04-22
JP MORGAN CHASE & COMPANY P 2013-04-04 2015-04-22
JP MORGAN CHASE & COMPANY P 2013-04-04 2015-04-22
JP MORGAN CHASE & COMPANY P 2013-04-04 2015-04-22
JP MORGAN CHASE & COMPANY P 2013-04-04 2015-04-22
JP MORGAN CHASE & COMPANY P 2013-04-04 2015-04-22
JP MORGAN CHASE CAPITAL XXIX P   2015-04-02
PROSPECT CAPITAL CORP SENIOR NOTE P 2013-10-07 2015-05-15
SCORPIO TANKERS INC SENIOR NOTE P 2014-05-07 2015-03-16
SUMMIT HOTEL PROPERTIES INC P 2014-04-12 2015-11-17
SUNTRUST BANKS INC P 2013-02-26 2015-02-23
SUNTRUST BANKS INC P 2013-02-26 2015-02-23
ZIONS BANCORP P 2013-04-30 2015-03-16
ALPS ETF TR ALERIAN P 2014-03-07 2015-08-27
BLACKROCK GLOBAL ALLOCATION P   2015-08-25
CALAMOS GROWTH FUND P   2015-08-25
CAPITAL WORLD GROWTH & INCOME P   2015-08-25
COLUMBIA ACORN FUND P   2015-08-25
COLUMBIA MID CAP VALUE FUND P   2015-08-25
DAVIS NEW YORK VENTURE P   2015-08-25
DELAWARE DIVERSIFIED INCOME FUND P   2015-08-25
FIRST EAGLE GLOBAL FUND P   2015-08-25
GABELLI EQUITY INCOME FUND P   2015-08-25
GATEWAY FUND P   2015-08-25
HARTFORD GROWTH OPPORTUNITIES P   2015-08-25
JANUS CONTRARIAN FUND P   2015-08-25
JANUS GLOBAL TECHNOLOGY FUND P   2015-08-25
MARISCO FOCUS FUND P   2015-08-25
MATTHEWS ASIAN SCIENCE & TECHN P   2015-08-25
MERIDIAN GROWTH FUND P   2015-08-24
MERIDIAN CONTRARIAN/VALUE FUND P   2015-08-24
PIMCO COMMODITY REAL RETURN P   2015-08-25
PIMCO CORPORATE & INCOME P   2015-08-27
PIMCO FUNDAMENTAL ADVANTAGE P   2015-08-25
ROYCE OPPORTUNITY FUND P   2015-08-25
ROYCE TOTAL RETURN FUND P   2015-08-25
SIT DIVIDEND GROWTH FUND P   2015-08-25
STANDARD & POORS DEPOSITARY P   2015-08-27
TEMPLETON INVERNATIONAL BOND P   2015-08-25
TETON WESTWOOD MIGHTY MITES P   2015-08-25
WIRTZ VALUE FUND P   2015-08-25
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 11,908   11,827 81
b 12,436   11,828 608
c 21,643   21,478 165
d 29,278   27,775 1,503
e 26,936   25,688 1,248
48,184   47,832 352
41,056   38,795 2,261
8,783   7,565 1,218
33,768   31,404 2,364
19,149   19,018 131
22,982   22,464 518
39,286   37,074 2,212
26,089   23,016 3,073
802   712 90
15,319   14,205 1,114
539   22,997 -22,458
28,706   29,035 -329
24,691   23,222 1,469
19,879   19,373 506
22     22
16,909   16,645 264
5,039   5,149 -110
26,632   25,106 1,526
24,292   23,846 446
19,875   20,045 -170
2,383   2,469 -86
31,390   31,829 -439
27,550   28,286 -736
19,490   20,720 -1,230
34,136   33,725 411
32,195   28,250 3,945
75,090   68,846 6,244
4,216   3,516 700
19,627   15,160 4,467
38,167   34,571 3,596
86,601   91,898 -5,297
43,436   38,253 5,183
70,859   75,043 -4,184
31,803   29,457 2,346
21,889   20,812 1,077
50,000   53,105 -3,105
100,000   106,173 -6,173
100,000   106,219 -6,219
68,768   73,777 -5,009
97,292   92,758 4,534
95,923   102,491 -6,568
95,922   101,627 -5,705
73,217   71,125 2,092
56,182   55,000 1,182
40,959   40,000 959
5,152   5,000 152
43,706   48,506 -4,800
8,796   10,000 -1,204
56   56 0
39,014   43,847 -4,833
6,886   7,737 -851
100,000   105,026 -5,026
54,141   56,857 -2,716
39,391   41,350 -1,959
2,459   2,584 -125
2,463   2,584 -121
97,313   99,130 -1,817
50,014   50,000 14
46,725   48,744 -2,019
40,245   42,143 -1,898
30,696   32,110 -1,414
12,325   12,896 -571
7,389   7,737 -348
4,712   4,926 -214
3,203   3,353 -150
100,000   106,500 -6,500
100,000   107,896 -7,896
47,434   50,000 -2,566
52,194   54,509 -2,315
61,324   64,583 -3,259
36,804   38,750 -1,946
96,994   100,000 -3,006
67,811   84,538 -16,727
511,531   498,607 12,924
42,641   52,628 -9,987
145,902   262,157 -116,255
327,542   359,059 -31,517
222,641   221,695 946
142,346   165,792 -23,446
259,746   276,929 -17,183
645,336   576,470 68,866
447,013   378,991 68,022
306,658   272,486 34,172
402,574   280,342 122,232
264,337   212,746 51,591
474,070   400,486 73,584
95,467   94,847 620
234,080   183,697 50,383
87,087   93,731 -6,644
270,863   233,026 37,837
148,417   327,598 -179,181
84,758   125,397 -40,639
461,124   557,072 -95,948
117,251   115,063 2,188
409,014   391,580 17,434
137,093   126,405 10,688
250,504   165,480 85,024
193,332   237,253 -43,921
248,105   202,281 45,824
328,844   264,021 64,823
66,605     66,605
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       81
b       608
c       165
d       1,503
e       1,248
      352
      2,261
      1,218
      2,364
      131
      518
      2,212
      3,073
      90
      1,114
      -22,458
      -329
      1,469
      506
      22
      264
      -110
      1,526
      446
      -170
      -86
      -439
      -736
      -1,230
      411
      3,945
      6,244
      700
      4,467
      3,596
      -5,297
      5,183
      -4,184
      2,346
      1,077
      -3,105
      -6,173
      -6,219
      -5,009
      4,534
      -6,568
      -5,705
      2,092
      1,182
      959
      152
      -4,800
      -1,204
      0
      -4,833
      -851
      -5,026
      -2,716
      -1,959
      -125
      -121
      -1,817
      14
      -2,019
      -1,898
      -1,414
      -571
      -348
      -214
      -150
      -6,500
      -7,896
      -2,566
      -2,315
      -3,259
      -1,946
      -3,006
      -16,727
      12,924
      -9,987
      -116,255
      -31,517
      946
      -23,446
      -17,183
      68,866
      68,022
      34,172
      122,232
      51,591
      73,584
      620
      50,383
      -6,644
      37,837
      -179,181
      -40,639
      -95,948
      2,188
      17,434
      10,688
      85,024
      -43,921
      45,824
      64,823
      66,605
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 2 165,016
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))
2014 947,130 16,240,007 0.058321
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
2
Total of line 1, column (d) .....................
20.425188
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
0.085038
4
Enter the net value of noncharitable-use assets for 2015 from Part X, line 5.....
4
18,411,498
5
Multiply line 4 by line 3......................
5
1,565,677
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
5,618
7
Add lines 5 and 6........................
7
1,571,295
8
Enter qualifying distributions from Part XII, line 4.............
8
1,002,008
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 (2015)
Form 990-PF (2015)
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 Bullet and enter “N/A" on line 1. Bracket
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b 1 11,235
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 11,235
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 11,235
6 Credits/Payments:
a 2015 estimated tax payments and 2014 overpayment credited to 2015 6a 18,399
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 18,399
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 7,164
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet7,164 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 2015 or the taxable year beginning in 2015 (see instructions for Part XIV)?
    If "Yes," complete Part XIV.............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. Click to see attachment...............................
    10
    Yes
     
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    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 2015, 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  
    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 2015?.............
    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 2015, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2015?.............
    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 2015 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 2015.)..................
    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 2015?
    4b
     
    No
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (Continued)
    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 (2015)
    Form 990-PF (2015)
    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  
    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
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 8
    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
    12,441,784
    b
    Average of monthly cash balances.......................
    1b
    6,250,092
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    18,691,876
    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
    18,691,876
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    280,378
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    18,411,498
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    920,575
    Part XI
    Distributable Amount bullet
    1
    Minimum investment return from Part X, line 6....................
    1
    920,575
    2a
    Tax on investment income for 2015 from Part VI, line 5......
    2a
    11,235
    b
    Income tax for 2015. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    11,235
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    909,340
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    909,340
    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
    909,340
    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
    1,002,008
    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
    1,002,008
    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
    1,002,008
    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 (2015)
    Form 990-PF (2015)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2014     		(c)
    2014     		(d)
    2015
    1 Distributable amount for 2015 from Part XI, line 7 909,340
    2 Undistributed income, if any, as of the end of 2015:
    a Enter amount for 2014 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2015:
    a From 2010...... 481,586
    b From 2011...... 289,849
    c From 2012...... 261,210
    d From 2013...... 878,290
    e From 2014...... 156,104
    fTotal of lines 3a through e........ 2,067,039
    4Qualifying distributions for 2015 from Part
    XII, line 4: bullet$ 1,002,008
    a Applied to 2014, 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 2015 distributable amount..... 909,340
    e Remaining amount distributed out of corpus 92,668
    5 Excess distributions carryover applied to 2015. 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 2,159,707
    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 2014. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2016. 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 2010 not
    applied on line 5 or line 7 (see instructions) ...     		481,586
    9Excess distributions carryover to 2016.
    Subtract lines 7 and 8 from line 6a ......     		1,678,121
    10 Analysis of line 9:
    a Excess from 2011.... 289,849
    b Excess from 2012.... 261,210
    c Excess from 2013.... 878,290
    d Excess from 2014.... 156,104
    e Excess from 2015.... 92,668
    Form 990-PF (2015)
    Form 990-PF (2015)
    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 2015, 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) 2015 (b) 2014 (c) 2013 (d) 2012
             
    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 (2015)
    Form 990-PF (2015)
    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
    ASSOC FREE LUTHERAN BIBLE SCHOOL
    3134 E MEDICINE LAKE ROAD
    PLYMOUTH,MN55441     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 15,000
    ASSOC OF FREE LUTHERAN THEOLOGICAL SEMINARY
    3120 E MEDICINE LAKE BLVD
    PLYMOUTH,MN55441     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 20,000
    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 10,000
    AZUSA PACIFIC UNIVERSITY
    921 EAST ALOSTA AVENUE
    AZUSA,CA91702     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 10,000
    BELMONT UNIVERSITY
    1900 BELMONT BLVD
    NASHVILLE,TN37212     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 5,000
    BETHEL COLLEGE
    1001 BETHEL CIRCLE
    MISHAWAKA,IN46545     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 2,500
    BETHEL SEMINARY
    3949 BETHEL DRIVE
    ST PAUL,MN55112     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 7,500
    BETHEL UNIVERSITY
    3900 BETHEL DRIVE
    ST PAUL,MN55112     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 75,000
    BETHLEHEM COLLEGE & SEMINARY
    720 13TH AVE S
    MINNEAPOLIS,MN55415     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 15,000
    BLOC
    110 SUTTER ST 10TH FLOOR
    SAN FRANCISCO,CA94104     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 5,000
    BOB JONES UNIVERSITY
    1700 WADE HAMPTON BLVD
    GREENVILLE,SC29614     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 12,500
    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
    COLLEGE OF ST BENEDICT
    37 COLLEGE AVE S
    ST JOSEPH,MN56374     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 10,000
    COMPASSION INTERNATIONAL
    12290 VOYAGER PARKWAY
    COLORADO SPRINGS,CO80921     		NONE 501 (C)(3) TUITION REDUCTION 4,800
    CONCORDIA COLLEGE MOORHEAD
    901 8TH ST S
    MOORHEAD,MN56562     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 30,000
    CONCORDIA THEOLOGICAL SEMINARY
    6600 N CLINTON ST
    FORT WAYNE,IN46825     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 5,000
    CONCORDIA UNIVERSITY-ST PAUL
    275 SYNDICATE ST N
    ST PAUL,MN55104     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 128,570
    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 5,000
    CONCORDIA UNIVERSITY-PORTLAND
    2811 NE HOLMAN ST
    PORTLAND,OR97211     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 5,000
    DALLAS CHRISTIAN COLLEGE
    2700 CHRISTIAN PKWY
    DALLAS,TX75234     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 2,500
    CONCORDIA UNIVERSITY-WISCONSIN
    12800 N LAKE SHORE DR
    MEQUON,WI53097     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 5,000
    DUNWOODY COLLEGE OF TECHNOLOGY
    818 DUNWOODY BLVD
    MINNEAPOLIS,MN55403     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 5,000
    EMMAUS LUTHERAN CHURCH
    1074 IDAHO AVE W
    ST PAUL,MN55117     		NONE 501 (C)(3) TUITION REDUCTION 7,600
    EXCELSIOR COLLEGE
    7 COLUMBIA CIRCLE
    ALBANY,NY12203     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 5,000
    FINLANDIA UNIVERSITY
    601 QUINCY ST
    HANCOCK,MI49990     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 5,000
    FLORIDA INTERNATIONAL UNIVERSITY
    11200 SW 8TH ST
    MIAMI,FL33199     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 5,000
    FLORIDA STATE UNIVERSITY
    600 W COLLEGE AVE
    TALLAHASSEE,FL32306     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 5,000
    GRANDVIEW UNIVERSITY
    1200 GRANDVIEW AVE
    DES MOINES,IA50316     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 5,000
    GUSTAVUS ADOLPHUS COLLEGE
    800 W COLLEGE AVE
    ST PETER,MN56082     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 5,000
    GORDON CONWELL THEOLOGICAL SEMINARY
    130 ESSEX ST
    SOUTH HAMILTON,MA01982     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 5,000
    HAMLINE UNIVERSITY
    1536 HEWITT AVENUE
    ST PAUL,MN55104     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 5,000
    CALIFORNIA SOUTHERN UNIVERSITY
    930 ROOSEVELT
    IRVINE,MI92620     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 5,000
    CANADIAN LUTHERAN BIBLE INSTITUTE
    4837 52A ST
    CAMROSE,ALBERTAT4V1W8
    CA     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 5,000
    CHRISTIAN COACH INSTITUTE
    15720 JOHN J DELANEY DR 300
    CHARLOTTE,NC28277     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 2,995
    COLUMBIA COLLEGE
    1001 ROGERS ST
    COLUMBIA,MO65201     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 2,500
    IOWA STATE UNIVERSITY
    1750 BEARDSHEAR HALL
    AMES,IA50011     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 32,500
    ITASCA COMMUNITY COLLEGE
    1851 US 169
    GRAND RAPIDS,MN55744     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 5,000
    LIBERTY UNIVERSITY
    1971 UNIVERSITY BLVD
    LYNCHBURG,VA24502     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 10,000
    CONCORDIA SEMINARY
    801 SEMINARY PLACE
    ST LOUIS,MO63105     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 5,000
    LOGAN UNIVERSITY
    1851 SCHOETTLER RD
    CHESTERFIELD,MO63017     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 5,000
    GOSPEL CAFE MINISTRIES
    6408 MINNETONKA BLVD
    ST LOUIS PARK,MN55426     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 25,000
    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 5,000
    MINNESOTA STATE UNIVERSITY MANKATO
    228 WIECKLING CTR
    MANKATO,MN56001     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 20,000
    METROPOLITAN STATE UNISERSITY
    700 7TH ST E
    ST PAUL,MN55106     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 5,000
    MINNESOTA STATE UNIVERSITY-WADENA
    405 COLFAX AVE SW
    WADENA,MN56482     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 5,000
    MOODY BIBLE INSTITUTE
    820 N LASALLE BLVD
    CHICAGO,IL60610     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 5,000
    NORMANDALE COMMUNITY COLLEGE
    9700 FRANCE AVE S
    BLOOMINGTON,MN55431     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 7,500
    NORTH CENTRAL UNIVERSITY
    910 ELLIOT AVE
    MINNEAPOLIS,MN55404     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 20,000
    NORTH DAKOTA STATE UNIVERSITY
    1340 ADMINISTRATION AVE
    FARGO,ND58102     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 17,500
    NORTH DAKOTA STATE COLLEGE OF SCIENCE
    800 6TH ST N
    WAHPETON,ND58076     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 5,000
    SOUTH DAKOTA STATE UNIVERSITY
    100 ADMINISTRATION LANE
    BROOKINGS,SD57006     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 5,000
    MINNESOTA TEEN CHALLENGE
    1619 PORTLAND AVE S
    MINNEAPOLIS,MN55404     		NONE 501(C)(3) TUITION REDUCTION 5,000
    ST CATHERINES UNIVERSITY
    601 25TH AVENUE SOUTH
    MINNEAPOLIS,MN55454     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 5,000
    PERU STATE COLLEGE
    600 HOYT ST
    PERU,NE68421     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 5,000
    ST CLOUD STATE UNIVERSITY
    720 4TH AVENUE SOUTH
    ST CLOUD,MN56301     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 22,500
    ST JOHN'S UNIVERSITY
    31802 COUNTY RD 159
    COLLEGEVILLE,MN56321     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 5,000
    PIMA MEDICAL INSTITUTE
    957 DOBSON RD
    MESA,AZ85202     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 22,143
    ST MARY'S UNIVERSITY-WINONA
    700 TERRACE HEIGHTS
    WINONA,MN55987     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 5,000
    TENNESSEE STATE UNIVERSITY
    3500 JOHN A MERRITT BLVD
    NASHVILLE,TN37209     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 5,000
    TENTMAKERS
    810 1ST ST S
    HOPKINS,MN55343     		NONE 501(C)(3) TUITION REDUCTION 4,000
    ST OLAF COLLEGE
    1520 ST OLAF AVE
    NORTHFIELD,MN55057     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 5,000
    TRINITY BIBLE COLLEGE
    50 6TH AVE N
    ELLENDALE,ND58436     		NONE EDUCATIOANL INSTITUT TUITION REDUCTION 5,000
    TRUMAN STATE UNIVERSITY
    100 E NORMAL
    KIRKSVILLE,MO63501     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 5,000
    SUMMIT UNIVERSITY
    538 VENARD RD
    CLARKS SUMMIT,PA18411     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 10,000
    TRINITY EVANGELICAL DIVINITY SCHOOL
    2065 HALF DAY RD
    DEERFIELD,IL60015     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 5,000
    UNIVERSITY OF IOWA
    4 JESSUP HALL
    IOWA CITY,IA52242     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 1,000
    UNIVERSITY OF MINNESOTA-DULUTH
    10 UNIVERSITY DR 104
    DULUTH,MN55812     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 10,000
    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 40,000
    UNIVERSITY OF NORTH DAKOTA
    3100 UNIVERSITY AVE STOP 8157
    GRAND FORKS,ND58202     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 15,000
    UNIVERSITY OF NORTHWESTERN-ST PAUL
    3003 N SNELLING AVE
    ST PAUL,MN55113     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 95,000
    UNIVERSITY OF ST THOMAS
    2115 SUMMIT AVENUE
    ST PAUL,MN55105     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 10,000
    UNIVERSITY OF MISSOURI
    125 JESSE HALL
    COLUMBIA,MO65211     		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 2,500
    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 22,500
    YOUTH FOR CHRIST INC
    116 W CLARK ST
    ALBERT LEA,MN56007     		NONE 501(C)(3) TUITION REDUCTION 5,000
    UNIVERSITY OF WISCONSIN-LACROSSE
    1725 STATE ST
    LA CROSSE,WI54601     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 5,000
    UNIVERSITY OF WISCONSIN-MADISON
    702 W JOHNSON ST SUITE 101
    MADISON,WI53715     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 5,000
    UNIVERSITY OF WISCONSIN-SUPERIOR
    1605 CATLIN AVE
    SUPERIOR,WI54880     		NONE EDUCATIONAL INSTITUT TUITION REDUCTION 5,000
    Total .................................bullet 3a 1,002,008
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2015)
    Form 990-PF (2015)
    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 ...........     		        250,338
    4 Dividends and interest from securities....         146,420
    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 ............     		        165,016
    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 0 561,774
    13Total. Add line 12, columns (b), (d), and (e)..................
    13561,774
    (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 (2015)
    Form 990-PF (2015)
    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 organizations?
    Yes
    No
    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 name SmallBullet
    		 Firm's EIN SmallBullet
    Firm's address SmallBullet


    		 Phone no.
    Form 990-PF (2015)
    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
    2015
    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) (2015)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2015) 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
     
     

    AUTO MARK INC  
    12987 PIONEER TRAIL
     
    EDEN PRAIRIE, MN55347

    		$ 1,077,676


    (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) (2015)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2015)
    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) (2015)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2015)
    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) (2015)

    Additional Data


    Software ID:  
    Software Version:  

    TY 2015 AccountingFeesSchedule
    Name:
    THE EAGLE FOUNDATION
    EIN:
    20-8070601
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    JUDD OSTERMANN & DEMRO 2,570 0   0

    TY 2015 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 7,405,482 6,757,587
    CETERA BROKERAGE ACCT AT COST 520,733 496,455

    TY 2015 OtherDecreasesSchedule
    Name:
    THE EAGLE FOUNDATION
    EIN:
    20-8070601
    Description Amount
    Unrestricted net assets 9,062


    TY 2015 OtherExpensesSchedule
    Name:
    THE EAGLE FOUNDATION
    EIN:
    20-8070601
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LABOR 9,779 0   0


    TY 2015 OtherLiabilitiesSchedule
    Name:
    THE EAGLE FOUNDATION
    EIN:
    20-8070601
    Description Beginning of Year - Book Value End of Year - Book Value
    PAYROLL LIABILITIES 7,969 0


    TY 2015 OtherProfessionalFeesSchedule
    Name:
    THE EAGLE FOUNDATION
    EIN:
    20-8070601
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT ADVISORY FEES 25,953 0   0


    TY 2015 SubstantialContributorsSch
    Name:
    THE EAGLE FOUNDATION
    EIN:
    20-8070601
    Name Address
    SEA FOAM SALES CO
          		12987 PIONEER TRAIL
    EDEN PRAIRIE,MN55347


    TY 2015 TaxesSchedule
    Name:
    THE EAGLE FOUNDATION
    EIN:
    20-8070601
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FORM 990 PF 25,593 0   0
    MN MIN FEE 25 0   0