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
BLYTHE BRENDEN-MANN 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

41-6546887
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$24,120,808
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... 810,204 807,921  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 361,002
b Gross sales price for all assets on line 6a 3,028,904
7 Capital gain net income (from Part IV, line 2)... 361,002
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)....... 33,886 28,886  
12 Total. Add lines 1 through 11........ 1,205,092 1,197,809  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 113,251 45,300   67,951
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).... 131,008 131,008   0
17 Interest............... 4,700 4,700   0
18 Taxes (attach schedule) (see instructions)... 24,668 9,668   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)....... 44,262 37,617   6,645
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 317,889 228,293 0 74,596
25 Contributions, gifts, grants paid....... 1,327,270 1,327,270
26 Total expenses and disbursements. Add lines 24 and 25 1,645,159 228,293 0 1,401,866
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -440,067
b Net investment income (if negative, enter -0-) 969,516
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............. 19,078    
2 Savings and temporary cash investments......... 1,528,625 1,650,518 1,650,518
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)....... 1,442,030 Click to see attachment708,682 886,502
c Investments—corporate bonds (attach schedule)....... 3,903,066 Click to see attachment3,050,477 3,601,322
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 13,445,117 Click to see attachment13,834,158 17,900,242
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment38,474 Click to see attachment82,224 Click to see attachment82,224
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 20,376,390 19,326,059 24,120,808
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........ 20,376,390 19,326,059
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)..... 20,376,390 19,326,059
31 Total liabilities and net assets/fund balances (see instructions). 20,376,390 19,326,059
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
20,376,390
2
Enter amount from Part I, line 27a .....................
2
-440,067
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
19,936,323
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
610,264
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
19,326,059
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 208. FRANKLIN RES INC     2018-01-03
b 116. LOGITECH INTERNATIONAL S.A.   2017-04-07 2018-01-04
c 501. FRANKLIN RES INC     2018-01-11
d 48. BROADCOM LTD   2016-09-29 2018-01-22
e 124. TENCENT HLDGS LTD UNSPONS ADR   2016-07-22 2018-01-24
44. BROADCOM LTD     2018-01-24
35. BROADCOM LTD   2016-10-04 2018-01-30
7. BROADCOM LTD   2017-04-26 2018-01-30
165. AERCAP HOLDINGS NV   2014-02-20 2018-02-05
164. AERCAP HOLDINGS NV     2018-02-09
452. FRANKLIN RES INC     2018-02-16
339. QUALCOMM INC     2018-02-22
500. ABB LTD-SPON ADR     2018-02-26
249. ABB LTD-SPON ADR     2018-03-16
44. BROADCOM LTD   2017-04-26 2018-03-26
34. BROADCOM LTD   2017-04-26 2018-03-28
570. ABB LTD-SPON ADR     2018-04-03
389. ABB LTD-SPON ADR     2018-04-12
101. AERCAP HOLDINGS NV   2014-02-05 2018-04-12
287. NATIONAL-OILWELL INC     2018-04-17
46. QUALCOMM INC   2016-06-23 2018-04-17
602. BASF SE SPONS ADR     2018-04-24
666. CREDIT SUISSE GROUP-SPONS ADR     2018-04-30
115. CIGNA CORP     2018-05-08
278. COMCAST CORP-CL A     2018-05-08
192. BRITISH AMERN TOB PLC SPNS ADR     2018-05-21
34. CIGNA CORP     2018-05-21
302. COMCAST CORP-CL A   2012-12-07 2018-05-31
95. BROADCOM INC     2018-06-12
559. TAIWAN SEMICONDUCTOR SPONS ADR     2018-06-12
63. NETEASE INC SPONS ADR     2018-06-25
48. AMERIPRISE FINANCIAL INC.     2018-06-27
274. COMCAST CORP-CL A   2012-12-07 2018-06-27
387. TAIWAN SEMICONDUCTOR SPONS ADR   2014-05-06 2018-06-27
378. QUALCOMM INC     2018-07-02
459. COMCAST CORP-CL A   2012-12-07 2018-07-16
516. UBS GROUP AG   2016-12-08 2018-08-08
553. UBS GROUP AG     2018-08-14
88. APPLE INC   2012-12-07 2018-08-20
151. ILLINOIS TOOL WORKS     2018-08-22
68. MCDONALDS CORP     2018-08-29
361. TAL EDUCATION GROUP SPONS ADR     2018-09-06
135. VMWARE INC.     2018-09-07
40. BOOKING HOLDINGS INC     2018-09-11
336. ABB LTD-SPON ADR     2018-09-24
14. ALIBABA GROUP HOLDING LTD SPONS ADR   2018-09-06 2018-09-24
13. ALPHABET INC CL A     2018-09-24
98. AMERIPRISE FINANCIAL INC.     2018-09-24
136. APPLE INC   2012-12-07 2018-09-24
204. BASF SE SPONS ADR   2017-06-14 2018-09-24
2224. BANCO BILBAO VIZCAYA SPONS ADR     2018-09-24
134. BRITISH AMERN TOB PLC SPNS ADR     2018-09-24
91. CIGNA CORP     2018-09-24
54. CVS HEALTH CORP   2018-02-16 2018-09-24
159. COMCAST CORP-CL A   2017-08-28 2018-09-24
66. CONSTELLATION BRANDS INC     2018-09-24
84. CONTINENTAL RESOURCES INC   2018-08-22 2018-09-24
479. CREDIT SUISSE GROUP-SPONS ADR   2018-01-11 2018-09-24
76. DANAHER CORP     2018-09-24
164. DIAGEO PLC ADR     2018-09-24
165. EMERSON ELECTRIC     2018-09-24
4336.513 HARDING LOEVNER INTL EQUITY PORT     2018-09-24
69. ILLINOIS TOOL WORKS     2018-09-24
248. JP MORGAN CHASE & CO     2018-09-24
19. LABORATORY CORP AMERICA HOLDINGS   2018-07-16 2018-09-24
63. LAUDER ESTEE COS CL-A   2018-09-07 2018-09-24
132. MASTERCARD INC-A     2018-09-24
5370.569 MATTHEWS ASIA DIVIDEND-INST     2018-09-24
45. MCDONALDS CORP   2018-05-08 2018-09-24
98. MICROSOFT CORP   2018-08-20 2018-09-24
37. MONSTER BEVERAGE CORP   2018-09-07 2018-09-24
196. NATIONAL-OILWELL INC     2018-09-24
241. NINTENDO CO LTD UNSPONS ADR     2018-09-24
434. NIPPON TELEG & TEL CORP SPONS ADR     2018-09-24
138. NORTHERN TR CORP     2018-09-24
55. NORTHROP   2013-09-17 2018-09-24
275. ROYAL DUTCH-ADR A     2018-09-24
150. RYANAIR HOLDINGS PLC SPONS ADR     2018-09-24
34. STARBUCKS CORP   2018-01-24 2018-09-24
283. TAIWAN SEMICONDUCTOR SPONS ADR   2014-05-06 2018-09-24
82. TAL EDUCATION GROUP SPONS ADR   2017-02-27 2018-09-24
35. TARGET CORP   2017-06-13 2018-09-24
496. TENCENT HLDGS LTD UNSPONS ADR     2018-09-24
4089.98 THORNBURG INT GROWTH-I     2018-09-24
78. VMWARE INC.     2018-09-24
596. UBS GROUP AG     2018-09-24
291. LOGITECH INTERNATIONAL S.A.     2018-09-24
23. AERCAP HOLDINGS NV   2014-02-05 2018-09-24
360. BASF SE SPONS ADR     2018-10-08
996. BANCO BILBAO VIZCAYA SPONS ADR     2018-10-08
1561. BANCO BILBAO VIZCAYA SPONS ADR     2018-10-10
1325. BANCO BILBAO VIZCAYA SPONS ADR     2018-10-15
1173. BANCO BILBAO VIZCAYA SPONS ADR     2018-10-23
227. BANCO BILBAO VIZCAYA SPONS ADR   2017-06-20 2018-10-25
892. BANCO BILBAO VIZCAYA SPONS ADR   2017-11-30 2018-10-25
789. CREDIT SUISSE GROUP-SPONS ADR     2018-10-29
195. NINTENDO CO LTD UNSPONS ADR     2018-10-29
19. NORTHROP   2013-09-17 2018-10-29
781. CREDIT SUISSE GROUP-SPONS ADR     2018-10-30
276. BRITISH AMERN TOB PLC SPNS ADR     2018-11-02
438. ABB LTD-SPON ADR     2018-11-05
286. BASF SE SPONS ADR     2018-11-05
14. ALPHABET INC CL A     2018-11-12
148. BRITISH AMERN TOB PLC SPNS ADR   2012-12-07 2018-11-12
305. UBS GROUP AG   2016-12-20 2018-11-15
232. CONTINENTAL RESOURCES INC   2018-08-22 2018-11-19
32. GOLDMAN SACHS GROUP INC COM   2018-10-29 2018-11-19
63. LABORATORY CORP AMERICA HOLDINGS   2018-07-16 2018-11-19
501. UBS GROUP AG     2018-11-19
127. NATIONAL-OILWELL INC   2015-12-29 2018-11-26
75. ABB LTD-SPON ADR   2017-12-29 2018-11-28
241. ABB LTD-SPON ADR   2016-12-15 2018-11-28
44. VMWARE INC.   2017-04-27 2018-11-28
273. NIPPON TELEG & TEL CORP SPONS ADR     2018-12-03
75. ABB LTD-SPON ADR   2017-12-29 2018-12-06
18. ALIBABA GROUP HOLDING LTD SPONS ADR   2018-09-06 2018-12-06
7. ALPHABET INC CL A   2015-10-12 2018-12-06
65. AMERIPRISE FINANCIAL INC.   2017-04-18 2018-12-06
8. AMGEN INC   2018-11-28 2018-12-06
79. APPLE INC   2012-12-07 2018-12-06
2578. BANCO SANTANDER SA SPONS ADR     2018-12-06
29. BRITISH AMERN TOB PLC SPNS ADR   2012-12-07 2018-12-06
58. CIGNA CORP   2017-07-17 2018-12-06
40. CVS HEALTH CORP   2018-02-16 2018-12-06
187. COMCAST CORP-CL A     2018-12-06
64. CONSTELLATION BRANDS INC     2018-12-06
71. DANAHER CORP     2018-12-06
113. DIAGEO PLC ADR     2018-12-06
26. DIAMONDBACK ENERGY INC   2018-11-19 2018-12-06
114. EMERSON ELECTRIC   2015-12-22 2018-12-06
57. ILLINOIS TOOL WORKS     2018-12-06
167. JP MORGAN CHASE & CO     2018-12-06
106. LVMH MOET HENNESSY LOUIS UNSPONS ADR   2018-11-02 2018-12-06
41. LAUDER ESTEE COS CL-A     2018-12-06
24. MASTERCARD INC-A   2017-04-26 2018-12-06
34. MCDONALDS CORP   2017-10-10 2018-12-06
38834.951 METROPOLITAN WEST TOTAL RETURN BD-I     2018-12-06
65. MICROSOFT CORP   2018-08-20 2018-12-06
32. MONSTER BEVERAGE CORP   2018-09-07 2018-12-06
121. NATIONAL-OILWELL INC   2015-12-29 2018-12-06
131. NINTENDO CO LTD UNSPONS ADR   2017-11-01 2018-12-06
127. NIPPON TELEG & TEL CORP SPONS ADR     2018-12-06
104. NORTHERN TR CORP     2018-12-06
37. NORTHROP   2013-09-17 2018-12-06
151. ROYAL DUTCH-ADR A     2018-12-06
149. RYANAIR HOLDINGS PLC SPONS ADR   2012-12-07 2018-12-06
25. STARBUCKS CORP   2018-01-24 2018-12-06
169. TAIWAN SEMICONDUCTOR SPONS ADR     2018-12-06
68. TAL EDUCATION GROUP SPONS ADR   2017-02-27 2018-12-06
24. TARGET CORP   2017-06-13 2018-12-06
349. TENCENT HLDGS LTD UNSPONS ADR     2018-12-06
61. VMWARE INC.   2017-04-27 2018-12-06
45207.957 WESTERN ASSET CORE PLUS BD-I     2018-12-06
356. UBS GROUP AG   2016-12-05 2018-12-06
65. LOGITECH INTERNATIONAL S.A.   2018-09-11 2018-12-06
146. LOGITECH INTERNATIONAL S.A.   2017-03-06 2018-12-06
16. AERCAP HOLDINGS NV   2014-02-05 2018-12-06
101. COPA HOLDINGS SA   2018-12-03 2018-12-06
342. NATIONAL-OILWELL INC     2018-12-10
108. LOGITECH INTERNATIONAL S.A.   2018-09-11 2018-12-10
24. CONSTELLATION BRANDS INC   2018-09-12 2018-12-11
658. UBS GROUP AG   2016-12-05 2018-12-11
135. LOGITECH INTERNATIONAL S.A.   2018-09-11 2018-12-11
125. NINTENDO CO LTD UNSPONS ADR   2017-11-01 2018-12-13
32. NINTENDO CO LTD UNSPONS ADR   2017-12-14 2018-12-13
16. UBS GROUP AG   2016-12-05 2018-12-13
77. UBS GROUP AG   2018-10-30 2018-12-13
216. LOGITECH INTERNATIONAL S.A.     2018-12-13
68. AMERIPRISE FINANCIAL INC.     2018-12-21
184. NINTENDO CO LTD UNSPONS ADR   2017-12-14 2018-12-21
119. NINTENDO CO LTD UNSPONS ADR   2017-12-27 2018-12-21
282. ABB LTD-SPON ADR   2017-12-29 2018-12-27
186. AMERIPRISE FINANCIAL INC.     2018-12-27
92. BRITISH AMERN TOB PLC SPNS ADR   2012-12-07 2018-12-27
192. CONSTELLATION BRANDS INC     2018-12-27
156. LAUDER ESTEE COS CL-A   2018-09-11 2018-12-27
99. MONSTER BEVERAGE CORP   2018-09-07 2018-12-27
130. NATIONAL-OILWELL INC   2016-02-12 2018-12-27
1010. NIPPON TELEG & TEL CORP SPONS ADR     2018-12-27
26. NORTHROP     2018-12-27
262. LOGITECH INTERNATIONAL S.A.     2018-12-27
1. MORGAN STANLEY REAL ESTATE FUND VI OFFSHORE INVESTORS INTERNATIONAL   2007-08-01 2018-12-31
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 9,021   8,218 803
b 3,966   3,663 303
c 21,872   17,886 3,986
d 12,625   8,241 4,384
e 7,440   2,981 4,459
11,322   7,458 3,864
8,455   5,903 2,552
1,691   1,553 138
8,603   6,438 2,165
8,247   6,310 1,937
17,712   15,934 1,778
21,233   20,675 558
12,492   11,396 1,096
6,038   5,470 568
10,704   9,762 942
8,076   7,543 533
13,247   12,797 450
8,877   8,261 616
5,240   3,845 1,395
10,712   10,292 420
2,552   2,435 117
15,792   16,681 -889
11,213   12,492 -1,279
19,590   21,144 -1,554
8,550   8,948 -398
9,684   13,510 -3,826
6,036   6,185 -149
9,356   5,593 3,763
24,733   20,842 3,891
21,897   11,459 10,438
15,557   18,019 -2,462
6,729   6,256 473
8,930   5,074 3,856
13,859   7,752 6,107
21,038   19,407 1,631
16,049   8,501 7,548
8,319   8,925 -606
8,589   9,240 -651
18,989   6,702 12,287
20,577   16,736 3,841
11,092   11,227 -135
9,718   6,971 2,747
20,562   12,799 7,763
75,277   59,674 15,603
8,067   7,823 244
2,269   2,250 19
15,276   9,866 5,410
14,572   12,479 2,093
29,963   10,357 19,606
4,852   4,956 -104
14,599   19,590 -4,991
6,214   8,884 -2,670
18,415   16,124 2,291
4,229   3,885 344
5,628   6,408 -780
14,248   14,520 -272
5,389   5,469 -80
7,526   8,943 -1,417
8,184   6,007 2,177
23,034   24,038 -1,004
12,764   8,425 4,339
100,000   76,494 23,506
10,085   7,258 2,827
28,985   21,470 7,515
3,211   3,546 -335
8,991   8,745 246
29,226   15,686 13,540
100,000   77,237 22,763
7,354   7,411 -57
11,219   10,490 729
2,147   2,235 -88
8,492   6,982 1,510
11,046   12,500 -1,454
20,021   19,911 110
14,529   14,814 -285
16,741   5,425 11,316
18,769   20,111 -1,342
14,487   11,335 3,152
1,944   2,063 -119
12,640   5,669 6,971
2,155   1,171 984
3,052   2,009 1,043
20,716   10,999 9,717
100,000   85,095 14,905
11,881   7,355 4,526
9,779   9,649 130
13,141   8,813 4,328
1,314   876 438
7,637   8,736 -1,099
5,978   8,558 -2,580
9,424   13,137 -3,713
8,156   11,089 -2,933
6,835   9,684 -2,849
1,311   1,858 -547
5,152   7,653 -2,501
9,964   14,641 -4,677
7,436   9,655 -2,219
4,939   1,874 3,065
9,957   14,138 -4,181
12,011   15,311 -3,300
8,882   9,243 -361
5,647   6,882 -1,235
14,746   9,681 5,065
5,670   7,771 -2,101
4,157   4,918 -761
10,935   15,104 -4,169
6,343   6,882 -539
10,171   11,758 -1,587
6,827   8,070 -1,243
4,070   4,353 -283
1,523   2,017 -494
4,893   5,050 -157
6,941   4,139 2,802
11,101   12,006 -905
1,433   2,017 -584
2,749   2,892 -143
7,296   4,724 2,572
7,545   8,232 -687
1,547   1,603 -56
13,673   6,016 7,657
11,775   12,974 -1,199
995   1,523 -528
12,245   10,099 2,146
3,007   2,878 129
7,018   4,160 2,858
12,126   13,975 -1,849
7,352   5,541 1,811
16,066   16,159 -93
2,581   2,963 -382
7,175   5,318 1,857
7,462   5,980 1,482
17,332   14,407 2,925
6,046   6,773 -727
5,767   5,668 99
4,788   2,792 1,996
6,252   5,467 785
400,000   385,114 14,886
6,988   6,957 31
1,847   1,933 -86
3,650   4,148 -498
4,613   6,222 -1,609
5,048   5,424 -376
9,350   10,907 -1,557
9,356   3,650 5,706
8,852   10,609 -1,757
11,945   5,303 6,642
1,653   1,517 136
6,139   3,359 2,780
1,941   971 970
1,640   1,377 263
13,598   7,099 6,499
9,780   5,738 4,042
500,000   467,475 32,525
4,527   5,718 -1,191
2,167   3,059 -892
4,867   4,233 634
798   609 189
8,258   8,834 -576
9,911   10,426 -515
3,485   5,083 -1,598
4,537   5,203 -666
8,093   10,570 -2,477
4,490   6,353 -1,863
4,478   5,937 -1,459
1,146   1,528 -382
200   257 -57
965   1,049 -84
7,127   10,113 -2,986
6,896   7,816 -920
5,926   8,788 -2,862
3,833   5,518 -1,685
5,196   7,583 -2,387
18,993   21,005 -2,012
2,859   4,830 -1,971
30,992   39,871 -8,879
19,749   21,538 -1,789
4,824   5,981 -1,157
3,322   3,574 -252
40,253   37,059 3,194
6,091   2,538 3,553
7,960   12,086 -4,126
2,145     2,145
      86,065
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       803
b       303
c       3,986
d       4,384
e       4,459
      3,864
      2,552
      138
      2,165
      1,937
      1,778
      558
      1,096
      568
      942
      533
      450
      616
      1,395
      420
      117
      -889
      -1,279
      -1,554
      -398
      -3,826
      -149
      3,763
      3,891
      10,438
      -2,462
      473
      3,856
      6,107
      1,631
      7,548
      -606
      -651
      12,287
      3,841
      -135
      2,747
      7,763
      15,603
      244
      19
      5,410
      2,093
      19,606
      -104
      -4,991
      -2,670
      2,291
      344
      -780
      -272
      -80
      -1,417
      2,177
      -1,004
      4,339
      23,506
      2,827
      7,515
      -335
      246
      13,540
      22,763
      -57
      729
      -88
      1,510
      -1,454
      110
      -285
      11,316
      -1,342
      3,152
      -119
      6,971
      984
      1,043
      9,717
      14,905
      4,526
      130
      4,328
      438
      -1,099
      -2,580
      -3,713
      -2,933
      -2,849
      -547
      -2,501
      -4,677
      -2,219
      3,065
      -4,181
      -3,300
      -361
      -1,235
      5,065
      -2,101
      -761
      -4,169
      -539
      -1,587
      -1,243
      -283
      -494
      -157
      2,802
      -905
      -584
      -143
      2,572
      -687
      -56
      7,657
      -1,199
      -528
      2,146
      129
      2,858
      -1,849
      1,811
      -93
      -382
      1,857
      1,482
      2,925
      -727
      99
      1,996
      785
      14,886
      31
      -86
      -498
      -1,609
      -376
      -1,557
      5,706
      -1,757
      6,642
      136
      2,780
      970
      263
      6,499
      4,042
      32,525
      -1,191
      -892
      634
      189
      -576
      -515
      -1,598
      -666
      -2,477
      -1,863
      -1,459
      -382
      -57
      -84
      -2,986
      -920
      -2,862
      -1,685
      -2,387
      -2,012
      -1,971
      -8,879
      -1,789
      -1,157
      -252
      3,194
      3,553
      -4,126
      2,145
       
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 2 361,002
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 1,301,869 25,311,526 0.051434
2016 1,295,342 23,846,497 0.05432
2015 1,341,939 25,158,026 0.05334
2014 1,373,160 25,511,714 0.053825
2013 1,297,942 25,186,305 0.051534
2
Total of line 1, column (d) .....................
2
0.264453
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
0.052891
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
25,792,181
5
Multiply line 4 by line 3......................
5
1,364,174
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
9,695
7
Add lines 5 and 6........................
7
1,373,869
8
Enter qualifying distributions from Part XII, line 4,.............
8
1,401,866
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 9,695
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 9,695
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 9,695
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a 17,463
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 17,463
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
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 7,768
11 Enter the amount of line 10 to be: Credited to 2019 estimated taxBullet7,768 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)
    bulletSD
    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 addressbulletwww.blythebrendenmannfdn.org
    14
    The books are in care ofbulletDORSEY & WHITNEY TRUST CO LLC Telephone no.bullet (605) 336-6832

    Located atbullet401 EAST EIGHTH STREET SUITE 319SIOUX FALLSSD ZIP+4bullet57103
    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
     
    No
    .........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). Click to see attachment
    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
    5
    113,251    
    401 E 8TH ST STE 319
    SIOUX FALLS,SD57103
    Blythe Brenden TRUSTEE
    5
    0    
    80 South Eighth St Suite 900
    Minneapolis,MN55402
    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
    MORGAN STANLEY INVESTMENT MANAGEMEN 117,435
    1585 BROADWAY
    NEW YORK,NY10019
    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
    25,101,668
    b
    Average of monthly cash balances.......................
    1b
    1,083,287
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    26,184,955
    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
    26,184,955
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    392,774
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    25,792,181
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    1,289,609
    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
    1,289,609
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
    9,695
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    9,695
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,279,914
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    1,279,914
    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
    1,279,914
    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
    1,401,866
    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
    1,401,866
    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
    9,695
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    1,392,171
    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 1,279,914
    2 Undistributed income, if any, as of the end of 2018:
    a Enter amount for 2017 only....... 0
    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...... 27,488
    d From 2016...... 107,165
    e From 2017...... 61,208
    fTotal of lines 3a through e........ 195,861
    4Qualifying distributions for 2018 from Part
    XII, line 4: bullet$ 1,401,866
    a Applied to 2017, 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 2018 distributable amount..... 1,279,914
    e Remaining amount distributed out of corpus 121,952
    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 5 317,813
    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 ..........
    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
    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 ......
    317,813
    10 Analysis of line 9:
    a Excess from 2014.... 0
    b Excess from 2015.... 27,488
    c Excess from 2016.... 107,165
    d Excess from 2017.... 61,208
    e Excess from 2018.... 121,952
    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
    FRENCH BULLDOG RESCUE NETWORK
    PO BOX 4764
    GLEN ALLEN,VA23058
    N/A PC GENERAL OPERATING 2,500
    AMERICAN COMMITTEE FOR THE WEIZMANN
    INSTITUTE OF SCIENCE INC
    633 THIRD AVENUE 20TH FL
    NEW YORK,NY10017
    N/A PC WOMEN'S IMPACT FUND & NEW 345,000
    AFRICA CLASSROOM CONNECTION
    106 EAST 24TH STREET
    Minneapolis,MN55404
    N/A PC GENERAL OPERATING 15,000
    MINNESOTA SHUBERT CENTER FOR
    DANCE AND MUSIC
    528 HENNEPIN AVE SUITE 200
    MINNEAPOLIS,MN55403
    N/A PC GENERAL OPERATING 28,750
    ANIMAL HUMANE SOCIETY
    845 MEADOW LANE NORTH
    MINNEAPOLIS,MN55422
    N/A PC GENERAL OPERATING 2,500
    MINNEAPOLIS SOCIETY OF FINE ARTS
    2400 3RD AVE S
    MINNEAPOLIS,MN55404
    N/A PC GENERAL OPERATING 10,000
    GUTHRIE THEATRE FOUNDATION
    818 SOUTH 2ND STREET
    MINNEAPOLIS,MN55415
    N/A PC GENERAL OPERATING 10,000
    UNIVERSITY OF MINNESOTA FOUNDATION
    200 OAK ST SE STE 500
    MINNEAPOLIS,MN55455
    N/A PC VARIOUS FUNDS, SCHOLARSHIPS 626,020
    MAINSPRING ARTS COOPERATIVE
    127 LAMOREE RD
    RHINEBECK,NY12572
    N/A PC GENERAL OPERATING 10,000
    MISSION ANIMAL HOSPITAL
    10100 VIKING DRIVE SUITE 150
    EDEN PRAIRIE,MN55344
    N/A PC GENERAL OPERATING 15,000
    VITAL VOICES GLOBAL PARTNERSHIP INC
    1625 MASSACHUSETS AVE NW SUITE 300
    WASHINGTON,DC20036
    N/A PC GENERAL OPERATING 250,000
    RHONDA FLEMING FOUNDATION
    1723 CLOVERFIELD BLVD
    SANTA MONICA,CA90404
    N/A PF GENERAL OPERATING 12,500
    Total .................................bullet 3a 1,327,270
    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....     14 810,204  
    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.....     14 28,886  
    8 Gain or (loss) from sales of assets other than
    inventory ............
        18 361,002  
    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)..   1,205,092  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    1,205,092
    (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


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    Form 990PF - Special Condition Description:
    Special Condition Description

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    TY 2018 ExpenditureResponsibilityStmt
    Name:
    BLYTHE BRENDEN-MANN FOUNDATION
    EIN:
    41-6546887
    Grantee's Name Grantee's Address Grant Date Grant Amount Grant Purpose Amount Expended By Grantee Any Diversion By Grantee? Dates of Reports By Grantee Date of Verification Results of Verification
    RHONDA FLEMING FOUNDATION
     
    1723 CLOVERFIELD BLVD
    SANTA MONICA,CA90404
    2018-01-09 12,500 TO SUPPORT THE CHARITABLE GRANT-MAKING ACTIVITIES OF THE FOUNDATION. 12,500 TO THE BEST OF THE GRANTOR'S KNOWLEDGE, NO FUNDS HAVE BEEN DIVERTED. 11/6/2018 2018-11-06 N/A

    TY 2018 InvestmentsCorpBondsSchedule
    Name:
    BLYTHE BRENDEN-MANN FOUNDATION
    EIN:
    41-6546887
    Name of Bond End of Year Book Value End of Year Fair Market Value
    METROPOLITAN WEST TOTAL RETURN 645,122 702,152
    WESTERN ASSET CORE PLUS BD-I 495,355 611,796
    HSBC USA INC PFD 1,250,000 1,605,000
    MS TRIGGER JUMP EUROSTOXX50 660,000 682,374

    TY 2018 InvestmentsCorpStockSchedule
    Name:
    BLYTHE BRENDEN-MANN FOUNDATION
    EIN:
    41-6546887
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ALPHABET INC CL A 17,545 27,169
    AMGEN INC 5,612 5,451
    APPLE INC 24,653 51,423
    COMCAST CORP-CL A 9,334 17,161
    CVS HEALTH CORP 9,588 9,762
    DANAHER CORP 30,556 32,173
    EMERSON ELECTRIC 19,373 25,812
    FRANKLIN RES INC    
    ILLINOIS TOOL WORKS 19,967 24,198
    JP MORGAN CHASE & CO 42,527 62,086
    MASTERCARD INC-A 30,025 73,574
    NATIONAL-OILWELL INC    
    NORTHROP 15,371 24,000
    PRICELINE GROUP INC    
    QUALCOMM INC    
    ABB LTD-SPON ADR    
    AERCAP HOLDINGS NV 2,322 2,416
    BRITISH AMERN TOB PLC SPNS ADR    
    BROADCOM LTD    
    NIPPON TELEG & TEL CORP SPONS    
    RYANAIR HOLDINGS PLC SPONS ADR 16,336 32,745
    TAIWAN SEMICONDUCTOR SPONS ADR 14,159 26,538
    TENCENT HLDGS LTD UNSPONS ADR 25,910 53,877
    UBS GROUP AG 8,949 8,233
    TAL EDUCATION GROUP SPONS ADR 3,157 5,896
    TARGET CORP 5,050 5,816
    VMWARE INC 19,781 29,483
    MCDONALDS CORP 18,424 20,243
    CIGNA CORP 40,100 42,732
    AMERIPRISE FINANCIAL INC    
    BANCO BILBAO VIZCAYA SPONS ADR    
    BASF SE SPONS ADR    
    DIAGEO PLC ADR 57,154 57,287
    GRUPO FIN SANTANDER SPONS ADR    
    LOGITECH INTERNATIONAL SA    
    NETEASE INC SPONS ADR 10,055 9,650
    NINTENDO CO LTD UNSPONS ADR    
    DIAMONDBACK ENERGY INC 12,572 10,382
    MICROSOFT CORP 24,231 24,580
    NORTHERN TR CORP 47,129 39,789
    STARBUCKS CORP 5,340 5,667
    ALIBABA GROUP HOLDING LTD SPON 32,984 29,333
    BANCO SANTANDER SA SPONS ADR 44,059 41,319
    COPA HOLDINGS SA 8,523 7,950
    LVMH MOET HENNESSY LOUIS UNSPO 33,033 31,568
    ROYAL DUTCH-ADR A 54,863 48,189

    TY 2018 InvestmentsOtherSchedule2
    Name:
    BLYTHE BRENDEN-MANN FOUNDATION
    EIN:
    41-6546887
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    VANGUARD 500 INDEX FUND-ADM AT COST 4,080,317 7,279,732
    HARDING LOEVNER INTL EQUITY PO AT COST 855,256 987,550
    MATTHEWS ASIA DIVIDEND-INST AT COST 775,307 883,703
    THORNBURG INT GROWTH-I AT COST 1,110,293 1,049,672
    PIMCO ABSOLUTE RETURN STRATEGY AT COST 1,500,000 1,709,335
    RIVERVIEW STRATEGIC OPP FD I L AT COST 122,207 491,210
    MS BLACKSTONE REAL ESTATE DEBT AT COST 109,019 114,495
    MORGAN STANLEY PRIVATE MKTS FD AT COST 110,629 338,838
    MORGAN STANLEY PRIVATE MKTS FD AT COST   103,559
    SJC OFFSHORE CAP FINANCE FD AT COST   690
    MORGAN STANLEY REAL ESTATE FUN AT COST   7,072
    GRAYSTONE VENTURE FUND LP AT COST 203,727 14,375
    PORTAGE FOUNDERS LP AT COST 118,751 12,174
    ISHARES RUSSELL 2000 ETF AT COST 191,223 187,460
    VANGUARD S&P MID CAP 400 ETF AT COST 197,315 193,518
    VANGUARD S&P SMALL-CAP 600 ETF AT COST 189,828 189,269
    WISDOMTREE US MIDCAP DIVIDEND AT COST 143,439 129,683
    WISDOMTREE US SMALLCAP DIVIDEN AT COST 144,575 122,650
    RENAISSANCE INSTITUTIONAL EQS AT COST 1,300,000 1,476,615
    BLACKSTONE REAL ESTATE INCOME AT COST 800,000 835,601
    PIMCO BRAVO FD III SPEC ONSHOR AT COST 564,488 607,210
    RIVERVIEW STRATEGIC OPP FUND I AT COST 211,968 208,415
    BROOKFIELD FAIRFIELD US MVAF I AT COST 507,854 362,182
    PANTHEON PRIV INFRA III (OFFSH AT COST 345,000 345,000
    DIVERSIFIED CR OPP FD II (CAYM AT COST 112,500 107,469
    CONSUMER STAPLES SPDR AT COST 58,384 59,260
    FINANCIAL SELECT SECTOR SPDR AT COST 19,061 19,556
    ISHARES EUROPE ETF AT COST 13,128 13,379
    ISHARES MSCI JAPAN ETF AT COST 40,555 40,907
    ISHARES US ENERGY ETF AT COST 3,308 3,365
    ISHARES US INDUSTRIALS ETF AT COST 6,026 6,298

    TY 2018 OtherAssetsSchedule
    Name:
    BLYTHE BRENDEN-MANN FOUNDATION
    EIN:
    41-6546887
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    MANN RES PROP 1/4 INT $2M 5% 4 38,474 82,224 82,224


    TY 2018 OtherDecreasesSchedule
    Name:
    BLYTHE BRENDEN-MANN FOUNDATION
    EIN:
    41-6546887
    Description Amount
    BOOK/TAX TIMING DIFFERENCES 603,534
    NON-DEDUCTIBLE PORTION OF CONTRIBUTIONS 6,730


    TY 2018 OtherExpensesSchedule
    Name:
    BLYTHE BRENDEN-MANN FOUNDATION
    EIN:
    41-6546887
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    BRANDING, DESIGN, AND STRATEGY 1,550 0   1,550
    FROM PARTNERSHIP/S-CORP 37,617 37,617   0
    MISCELLANEOUS 5,095 0   5,095


    TY 2018 OtherIncomeSchedule2
    Name:
    BLYTHE BRENDEN-MANN FOUNDATION
    EIN:
    41-6546887
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    OTHER REVENUE 5,000 0  
    PIMCO BRAVO FD III SPEC ONSHORE FDR 32,182 32,182  
    RENAISSANCE INSTITUTIONAL EQS FD LLC -8,335 -8,335  
    GRAYSTONE VENTURE FUND LP 2,312 2,312  
    PORTAGE FOUNDERS LP 3,484 3,484  
    MS BLACKSTONE REAL ESTATE DEBT ST II -757 -757  


    TY 2018 OtherProfessionalFeesSchedule
    Name:
    BLYTHE BRENDEN-MANN FOUNDATION
    EIN:
    41-6546887
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT MANAGEMENT FEES 130,663 130,663    
    INVESTMENT EXPENSES 345 345    


    TY 2018 TaxesSchedule
    Name:
    BLYTHE BRENDEN-MANN FOUNDATION
    EIN:
    41-6546887
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES 3,435 3,435   0
    FEDERAL TAX PAYMENT 15,000 0   0
    FOREIGN TAXES ON QUALIFIED FOR 5,872 5,872   0
    FOREIGN TAXES ON NONQUALIFIED 361 361   0