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.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0052
2018
Open to Public Inspection
For calendar year 2018, or tax year beginning 01-01-2018 , and ending 12-31-2018
Name of foundation
RAFT CHARITABLE FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)401 E 8TH ST STE 319
 
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
SIOUX FALLS, SD571037031
A Employer identification number

37-6439235
B Telephone number (see instructions)

(605) 336-6832
C bullet
G Check all that apply:

D 1. Foreign organizations, check here............. bullet
2. Foreign organizations meeting the 85%
test, check here and attach computation ...
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$27,753,051
J 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)  
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 677,515 677,277  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 630,913
b Gross sales price for all assets on line 6a 2,423,715
7 Capital gain net income (from Part IV, line 2)... 630,913
8 Net short-term capital gain......... 0
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........ 1,308,428 1,308,190  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 152,110 60,844   91,266
14 Other employee salaries and wages......   0 0 0
15 Pension plans, employee benefits.......   0 0  
16a Legal fees (attach schedule).........       0
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... 40 40   0
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... 11,963 790   0
19 Depreciation (attach schedule) and depletion... 0 0  
20 Occupancy..............        
21 Travel, conferences, and meetings.......   0 0  
22 Printing and publications..........   0 0  
23 Other expenses (attach schedule)....... 25     25
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 164,138 61,674 0 91,291
25 Contributions, gifts, grants paid....... 1,360,000 1,360,000
26 Total expenses and disbursements. Add lines 24 and 25 1,524,138 61,674 0 1,451,291
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -215,710
b Net investment income (if negative, enter -0-) 1,246,516
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2018)
Form 990-PF (2018)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)
Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 749,365 420,154 420,154
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet     0 0
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 bullet0      
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)....... 6,451,367 Click to see attachment5,762,700 9,494,591
c Investments—corporate bonds (attach schedule)....... 3,371,571 Click to see attachment4,279,484 4,168,249
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 11,702,264 Click to see attachment11,564,751 13,670,057
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) 22,274,567 22,027,089 27,753,051
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22).........   0
Net Assets or Fund Balances Foundations that follow SFAS 117, check here bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted..................    
25 Temporarily restricted...............    
26 Permanently restricted...............    
Foundations that do not follow SFAS 117, check here bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds........ 22,274,567 22,027,089
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds    
30 Total net assets or fund balances (see instructions)..... 22,274,567 22,027,089
31 Total liabilities and net assets/fund balances (see instructions). 22,274,567 22,027,089
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
22,274,567
2
Enter amount from Part I, line 27a .....................
2
-215,710
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
22,058,857
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
31,768
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
22,027,089
Form 990-PF (2018)
Form 990-PF (2018)
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 4572.102 VANGUARD TOTAL STK MKT INDEX FUND-IS   2015-09-10 2018-01-05
b 2000. MEDTRONIC PLC   2015-01-27 2018-01-22
c 1375. CRAY INC   2017-03-03 2018-01-23
d 3500. CRAY INC     2018-01-23
e 300. INTL. BUSINESS MACHINES CORP     2018-01-23
675. MERCK & CO INC     2018-01-23
425. PROCTER & GAMBLE COMPANY   2011-01-20 2018-01-23
675. TARGET CORP     2018-01-23
550. UNITED PARCEL SVC INC CL B     2018-01-23
100000. BANK OF AMER CRP MTN 5.350% 3/15/18   2011-12-28 2018-03-15
700. BAXTER INTERNATIONAL INC     2018-06-01
500. HOME DEPOT INC   2009-11-10 2018-06-01
300. INTL. BUSINESS MACHINES CORP   2006-07-21 2018-06-01
450. UNITED PARCEL SVC INC CL B     2018-06-01
600. BADGER METER INC   2014-01-23 2018-10-11
1150. EXXON MOBIL CORP   2014-08-25 2018-10-11
400. HOME DEPOT INC     2018-10-11
475. KIMBERLY-CLARK CORP     2018-10-11
635. MERCK & CO INC     2018-10-11
725. TARGET CORP     2018-10-11
100000. GEN ELEC CAP CRP MTN 5.000% 3/15/19   2011-12-28 2018-11-15
1000. BADGER METER INC   2014-01-23 2018-12-14
1000. BEMIS CO     2018-12-14
750. EXXON MOBIL CORP     2018-12-14
300. GARRETT MOTION INC     2018-12-14
1000. PFIZER INC     2018-12-14
1000. PROCTER & GAMBLE COMPANY   2011-01-20 2018-12-14
350. UNITED PARCEL SVC INC CL B     2018-12-14
1157.586 VANGUARD TOTAL STK MKT INDEX FUND-IS   2015-09-10 2018-12-14
750. WELLS FARGO & CO     2018-12-14
30526.97 VANGUARD TOTAL BD MKT IDX ADM   2014-03-03 2018-12-27
CAPITAL GAIN 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 312,595   225,679 86,916
b 170,992   147,667 23,325
c 34,723   27,882 6,841
d 88,386   94,151 -5,765
e 49,333   23,694 25,639
41,586   27,053 14,533
37,733   27,807 9,926
52,656   32,690 19,966
72,547   44,947 27,600
100,000   100,000  
50,767   15,018 35,749
93,776   13,419 80,357
42,574   22,512 20,062
52,599   32,439 20,160
29,076   16,086 12,990
94,991   113,516 -18,525
77,494   10,560 66,934
51,825   24,152 27,673
43,989   22,026 21,963
61,139   30,628 30,511
99,495   99,319 176
54,770   26,810 27,960
46,605   32,901 13,704
56,705   68,073 -11,368
3,590   984 2,606
43,878   20,908 22,970
96,479   65,428 31,051
34,496   20,137 14,359
75,000   57,138 17,862
34,998   20,708 14,290
317,480   328,470 -10,990
      1,438
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       86,916
b       23,325
c       6,841
d       -5,765
e       25,639
      14,533
      9,926
      19,966
      27,600
       
      35,749
      80,357
      20,062
      20,160
      12,990
      -18,525
      66,934
      27,673
      21,963
      30,511
      176
      27,960
      13,704
      -11,368
      2,606
      22,970
      31,051
      14,359
      17,862
      14,290
      -10,990
       
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 2 630,913
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))
2017 1,365,618 29,157,346 0.046836
2016 1,314,274 27,496,403 0.047798
2015 1,352,785 27,583,378 0.049043
2014 1,176,299 27,530,888 0.042727
2013 747,305 24,379,169 0.030653
2
Total of line 1, column (d) .....................
2
0.217057
3
Average distribution ratio for the 5-year base period—divide the total on line 2 by 5.0, or by the number of years the foundation has been in existence if less than 5 years ......
3
0.043411
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
29,773,220
5
Multiply line 4 by line 3......................
5
1,292,485
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
12,465
7
Add lines 5 and 6........................
7
1,304,950
8
Enter qualifying distributions from Part XII, line 4,.............
8
1,451,291
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 (2018)
Form 990-PF (2018)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here Bullet and enter “N/A" on line 1. Bracket includes lines 1a and 1b
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b Domestic foundations that meet the section 4940(e) requirements in Part V, check 1 12,465
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 12,465
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 12,465
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a 11,236
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 11,236
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 1,229
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2019 estimated taxBullet0 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$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
  • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletMN
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2018 or the taxable year beginning in 2018? See the instructions for Part XIV.
    If "Yes," complete Part XIV .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2018)
    Form 990-PF (2018)
    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 addressbullet  
    14
    The books are in care ofbulletDORSEY & WHITNEY TRUST COMPANY LLC Telephone no.bullet (605) 336-6832

    Located atbullet401 E 8TH ST STE 319SIOUX FALLSSD ZIP+4bullet571037031
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2018, 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 the instructions for exceptions and filing requirements for FinCEN Form 114. 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
     
    No
    ........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 2018?.............
    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 2018, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2018?.............
    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 2018 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 2018.)..................
    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 2018?
    4b
     
    No
    Form 990-PF (2018)
    Form 990-PF (2018)
    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:
    Yes
    No
    (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
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    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
    DORSEY WHITNEY TRUST COMPANY LLC TRUSTEE
    3
    152,110    
    401 E 8TH ST STE 319
    SIOUX FALLS,SD571037031
    FAYE L YOUNGREN TRUSTEE
    1
    0    
    401 E 8TH ST STE 319
    SIOUX FALLS,SD571037031
    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
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    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.........................bullet  
    Form 990-PF (2018)
    Form 990-PF (2018)
    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
    29,323,731
    b
    Average of monthly cash balances.......................
    1b
    902,888
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    30,226,619
    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
    30,226,619
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    453,399
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    29,773,220
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    1,488,661
    Part XI
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    1,488,661
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
    12,465
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    12,465
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,476,196
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    1,476,196
    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
    1,476,196
    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
    1,451,291
    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
    0
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
    0
    b
    Cash distribution test (attach the required schedule) .................
    3b
    0
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    1,451,291
    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
    12,465
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    1,438,826
    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 (2018)
    Form 990-PF (2018)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus
    (b)
    Years prior to 2017
    (c)
    2017
    (d)
    2018
    1 Distributable amount for 2018 from Part XI, line 7 1,476,196
    2 Undistributed income, if any, as of the end of 2018:
    a Enter amount for 2017 only....... 1,331,169
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2018:
    a From 2013...... 0
    b From 2014...... 0
    c From 2015...... 0
    d From 2016...... 0
    e From 2017...... 0
    fTotal of lines 3a through e........ 0
    4Qualifying distributions for 2018 from Part
    XII, line 4: bullet$ 1,451,291
    a Applied to 2017, but not more than line 2a 1,331,169
    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 2018 distributable amount..... 120,122
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2018. 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 2017. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............
    0
    f Undistributed income for 2018. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2019 ..........
    1,356,074
    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
    8 Excess distributions carryover from 2013 not
    applied on line 5 or line 7 (see instructions) ...
    0
    9Excess distributions carryover to 2019.
    Subtract lines 7 and 8 from line 6a ......
    0
    10 Analysis of line 9:
    a Excess from 2014.... 0
    b Excess from 2015.... 0
    c Excess from 2016.... 0
    d Excess from 2017.... 0
    e Excess from 2018.... 0
    Form 990-PF (2018)
    Form 990-PF (2018)
    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 2018, 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) 2018 (b) 2017 (c) 2016 (d) 2015
             
    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 foundation 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 email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2018)
    Form 990-PF (2018)
    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
    PARABLE FUND
    50 S 6TH ST STE 1500
    MINNEAPOLIS,MN55402
    N/A PC GENERAL OPERATING 20,000
    WASHINGTON COUNTY LIBRARY PRTNS
    PO BOX 25434
    WOODBURY,MN55125
    N/A PC GENERAL OPERATING 30,000
    HEIFER PROJECT INTERNATIONAL INC
    1 WORLD AVENUE
    LITTLE ROCK,AR72203
    N/A PC GENERAL OPERATING 20,000
    TWIN CITIES HABITAT FOR HUMANITY
    1954 UNIVERSITY AVE W
    ST PAUL,MN55104
    N/A PC GENERAL OPERATING 50,000
    FRIENDS OF THE HENNEPIN COUNTY LIBRARY
    300 NICOLLET MALL N-290
    MINNEAPOLIS,MN55401
    N/A PC GENERAL OPERATING 30,000
    UNITED FUND OF CUMBERLAND INC
    PO BOX 134
    CUMBERLAND,WI54829
    N/A PC GENERAL OPERATING 50,000
    KINSHIP OF CUMBERLAND
    PO BOX 441
    CUMBERLAND,WI54829
    N/A PC GENERAL OPERATING 20,000
    HAMLINE UNIVERSITY OF MINNESOTA
    1536 HEWITT AVE
    ST PAUL,MN55104
    N/A PC 100,000 LIBERAL ARTS; 260,000
    SALVATION ARMY
    2445 PRIOR AVENUE NORTH
    ROSEVILLE,MN55113
    N/A PC GENERAL OPERATING 90,000
    SCIENCE MUSEUM OF MINNESOTA
    120 W KELLOGG BLVD
    ST PAUL,MN55102
    N/A PC GENERAL OPERATING 50,000
    AMERICAN SWEDISH INSTITUTE
    2600 PARK AVE
    MINNEAPOLIS,MN55407
    N/A PC GENERAL OPERATING 20,000
    MINNESOTA HISTORICAL SOCIETY
    345 KELLOGG BLVD W
    ST PAUL,MN55102
    N/A PC GENERAL OPERATING 50,000
    TWIN CITIES PUBLIC TELEVISION INC
    172 4TH ST E
    ST PAUL,MN55101
    N/A PC GENERAL OPERATING 30,000
    MINNESOTA PUBLIC RADIO
    480 CEDAR ST
    ST PAUL,MN55101
    N/A PC GENERAL OPERATING 30,000
    CHILDREN'S SHELTER OF CEBU
    3600 LEXINGTON AVE N SUITE 209
    SHOREVIEW,MN55126
    N/A PC GENERAL OPERATING 30,000
    HOPE EVANGELICAL FREE CHURCH
    7910 15TH ST N
    OAKDALE,MN55128
    N/A PC GENERAL OPERATING 20,000
    MINNESOTA TEEN CHALLENGE INC
    740 EAST 24TH STREET
    MINNEAPOLIS,MN55404
    N/A PC 100,000 GENERAL FUND; 230,000
    FRIENDS OF THE RAMSEY COUNTY LIBRARIES
    4560 VICTORIA ST N
    SHOREVIEW,MN55126
    N/A PC GENERAL OPERATING 30,000
    TEXTILE CENTER OF MINNESOTA
    3000 UNIVERSITY AVE SE STE 100
    MINNEAPOLIS,MN55414
    N/A PC GENERAL OPERATING 20,000
    COURAGE KENNY FOUNDATION
    3915 GOLDEN VALLEY RD
    MINNEAPOLIS,MN55422
    N/A SO I GENERAL OPERATING 30,000
    FRIENDS OF THE ST PAUL PUBLIC LIBRARY
    1080 MONTREAL AVENUE SUITE 2
    ST PAUL,MN55116
    N/A PC GENERAL OPERATING 30,000
    MANY RIVERS MONTESSORI
    JEFFERSON SQUARE
    913 E 3RD STREET
    DULUTH,MN55805
    N/A PC BUILDING CAMPAIGN FOR MANY 100,000
    AMERICAN NATIONAL RED CROSS
    431 18 ST NW
    WASHINGTON,DC20006
    N/A PC GENERAL OPERATING 90,000
    INTERNATIONAL JUSTICE MISSION
    PO BOX 58147
    WASHINGTON,DC20037
    N/A PC GENERAL OPERATING 20,000
    CUMBERLAND TSAP LIBRARY FOUNDATION
    1305 2ND AVE
    CUMBERLAND,WI54829
    N/A PC GENERAL OPERATING 10,000
    Total .................................bullet 3a 1,360,000
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2018)
    Form 990-PF (2018)
    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 ...........
             
    4 Dividends and interest from securities....     14 677,515  
    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 ............
        18 630,913  
    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)..   1,308,428  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    1,308,428
    (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 (2018)
    Form 990-PF (2018)
    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) (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) (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 (2018)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2018 InvestmentsCorpBondsSchedule
    Name:
    RAFT CHARITABLE FOUNDATION
    EIN:
    37-6439235
    Name of Bond End of Year Book Value End of Year Fair Market Value
    AFLAC INC 3.625% 11/15/24 201,442 199,844
    ASTRAZENECA PLC 1.950% 9/18/ 200,603 198,560
    BANK OF AMER CRP MTN 5.350%    
    CME GROUP INC 3.000% 9/15/22 200,753 199,338
    COCA-COLA CO 2.450% 11/01/20 200,920 198,730
    GEN ELEC CAP CRP MTN 5.000%    
    GOLDMAN SACHS MTN 3.625% 1/2 150,838 147,641
    NATL RURAL UTIL MTN 2.000% 1 200,000 196,422
    THERMO FISHER SCI 3.600% 8/1 202,100 200,588
    WALT DISNEY CO MTN 2.750% 8/ 202,211 198,788
    APPLE INC 2.500% 2/09/25 197,830 188,872
    BANK OF NY MELLO MTN 2.800% 5/ 200,945 188,372
    COMCAST CORP 3.300% 2/01/27 202,244 190,610
    CELGENE CORP 3.250% 8/15/22 201,488 196,356
    UNITEDHEALTH GRP 2.750% 2/15/2 202,809 195,700
    CITIGROUP INC 3.750% 6/16/24 202,604 198,598
    SYSCO CORPORATION 3.750% 10/01 202,760 195,024
    JPMORGAN CHASE & CO 3.300% 4/0 201,047 190,466
    BIOGEN INC 3.625% 9/15/22 99,774 100,262
    ORACLE CORP 201,684 202,708
    BANK OF AMER CRP MTN 4.000% 4/ 201,068 201,108
    GILEAD SCIENCES INC 3.500% 2/0 203,306 197,358
    ANHEUSER-BUSCH INBEV 3.650% 2/ 202,360 188,526
    TOYOTA MTR CRED MTN 3.200% 1/1 200,698 194,378

    TY 2018 InvestmentsCorpStockSchedule
    Name:
    RAFT CHARITABLE FOUNDATION
    EIN:
    37-6439235
    Name of Stock End of Year Book Value End of Year Fair Market Value
    3M CO 124,396 323,918
    AMERICAN EXPRESS CO 231,167 314,556
    ASSOCIATED BANC CORP 78,090 78,665
    BADGER METER INC 53,621 98,420
    BAXTER INTERNATIONAL INC 23,080 98,730
    BEMIS CO 89,864 156,060
    BIO-TECHNE CORP 127,511 260,496
    CH ROBINSON 190,500 264,884
    CHEVRON CORPORATION 245,625 250,217
    DISNEY WALT CO NEW 117,805 307,020
    DONALDSON INC 245,146 303,730
    ECOLAB INC COM 208,886 471,520
    EXXON MOBIL CORP 148,772 119,333
    FASTENAL CO 85,685 196,088
    FISERV INC 47,538 290,286
    GENERAL ELECTRIC CORP 109,172 52,990
    GENERAL MLS INC 73,323 122,661
    GRACO INC 150,209 521,033
    HOME DEPOT INC 28,010 189,002
    HONEYWELL INTERNATIONAL INC 89,572 396,360
    HORMEL FOODS CORP 177,912 399,058
    INTEL CORP 68,427 188,659
    INTL. BUSINESS MACHINES CORP    
    JOHNSON & JOHNSON 165,176 329,078
    KIMBERLY-CLARK CORP    
    MEDTRONIC PLC 590,667 727,680
    MERCK & CO INC    
    PATTERSON COS INC 59,647 43,252
    PENTAIR PLC 59,408 120,896
    PFIZER INC 48,690 130,950
    PRINCIPAL FINANCIAL GROUP 59,825 107,112
    PROCTER & GAMBLE COMPANY 102,201 144,774
    SCHLUMBERGER LTD 211,024 165,968
    TARGET CORP 39,540 84,265
    UNITED PARCEL SVC INC CL B 55,361 97,530
    US BANCORP 243,116 374,740
    WELLS FARGO & CO 69,273 126,720
    ZIMMER BIOMET HOLDINGS INC 94,167 176,324
    ROCHE HLDG LTD SPONS ADR 61,890 62,160
    ABBOTT LABS 135,635 224,223
    ALPHABET INC CL C 96,115 124,273
    CHARLES SCHWAB CORP 68,770 103,825
    CRAY INC 44,104 46,958
    FULLER H B CO 68,631 73,606
    GREAT WESTERN BANCORP INC 115,420 92,188
    PROTO LABS INC 35,641 67,674
    SNAP ON INC 155,214 141,658
    ELI LILLY & CO 142,233 199,617
    TENNANT CO 99,714 71,651
    RESIDEO TECHNOLOGIES INC 2,782 10,275
    TORO CO 97,769 94,996
    VISA INC 52,613 52,776
    CORE LABORATORIES N V 44,119 23,864
    NVENT ELECTRIC PLC 29,644 71,872

    TY 2018 InvestmentsOtherSchedule2
    Name:
    RAFT CHARITABLE FOUNDATION
    EIN:
    37-6439235
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    VANGUARD TOTAL BD MKT IDX ADM AT COST 5,390,554 5,249,869
    VANGUARD TOTAL STK MKT INDEX F AT COST 6,120,553 8,376,573
    CORESITE REALTY CORP REIT AT COST 53,644 43,615

    TY 2018 OtherDecreasesSchedule
    Name:
    RAFT CHARITABLE FOUNDATION
    EIN:
    37-6439235
    Description Amount
    TIMING DIFFERENCES 31,768


    TY 2018 OtherExpensesSchedule
    Name:
    RAFT CHARITABLE FOUNDATION
    EIN:
    37-6439235
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    STATE RE-REGISTRATION FEE 25 0   25


    TY 2018 OtherProfessionalFeesSchedule
    Name:
    RAFT CHARITABLE FOUNDATION
    EIN:
    37-6439235
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT EXPENSES 40 40    


    TY 2018 TaxesSchedule
    Name:
    RAFT CHARITABLE FOUNDATION
    EIN:
    37-6439235
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES 790 790   0
    FEDERAL ESTIMATES 11,173 0   0