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
2019
Open to Public Inspection
For calendar year 2019, or tax year beginning 01-01-2019 , and ending 12-31-2019
Name of foundation
THE GRACO FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 1441
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
MINNEAPOLIS, MN554401441
A Employer identification number

41-6023537
B Telephone number (see instructions)

(612) 623-6729
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$22,490,456J 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... 507,735 507,735  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 1,585,620
b Gross sales price for all assets on line 6a 5,961,712
7 Capital gain net income (from Part IV, line 2)... 1,585,620
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 7,714 7,714 0
12 Total. Add lines 1 through 11........ 2,101,069 2,101,069 0
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 27,405 0 0 27,405
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 7,300 0 0 7,300
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 32,025 0 0 25
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 35,427 36 0 35,391
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 102,157 36 0 70,121
25 Contributions, gifts, grants paid....... 4,326,168 4,326,168
26 Total expenses and disbursements. Add lines 24 and 25 4,428,325 36 0 4,396,289
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -2,327,256
b Net investment income (if negative, enter -0-) 2,101,033
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2019)
Form 990-PF (2019)
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......... -180,552 -162,865 -162,865
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........   11,765 11,765
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule).......      
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 25,245,642 Click to see attachment22,888,997 22,641,556
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) 25,065,090 22,737,897 22,490,456
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 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions........... 25,065,090 22,737,897
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 25,065,090 22,737,897
30 Total liabilities and net assets/fund balances (see instructions). 25,065,090 22,737,897
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 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
25,065,090
2
Enter amount from Part I, line 27a .....................
2
-2,327,256
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
63
4
Add lines 1, 2, and 3 ..........................
4
22,737,897
5
Decreases not included in line 2 (itemize) bullet
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
22,737,897
Form 990-PF (2019)
Form 990-PF (2019)
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 CAPITAL GAINS DIVIDENDS P    
b PUBLICLY TRADED SECURITIES P    
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 1,511,712     1,511,712
b 4,450,000   4,376,092 73,908
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       1,511,712
b       73,908
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 1,585,620
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))
2018 1,254,250 25,389,189 0.049401
2017 1,133,645 21,867,401 0.051842
2016 1,094,548 17,337,739 0.063131
2015 965,567 15,938,727 0.060580
2014 818,251 11,096,913 0.073737
2
Total of line 1, column (d) .....................
2
0.298691
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
0.059738
4
Enter the net value of noncharitable-use assets for 2019 from Part X, line 5......
4
23,285,272
5
Multiply line 4 by line 3......................
5
1,391,016
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
21,010
7
Add lines 5 and 6........................
7
1,412,026
8
Enter qualifying distributions from Part XII, line 4,.............
8
4,396,289
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 (2019)
Form 990-PF (2019)
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 21,010
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 21,010
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 21,010
6 Credits/Payments:
a 2019 estimated tax payments and 2018 overpayment credited to 2019 6a 5,823
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c 25,000
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 30,823
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  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 9,813
11 Enter the amount of line 10 to be: Credited to 2020 estimated taxBullet9,813 RefundedBullet 11 0
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? (see Instructions
for definition).................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletMN
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2019 or the taxable year beginning in 2019? 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 (2019)
    Form 990-PF (2019)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletJANEL FRENCH Telephone no.bullet (612) 623-6729

    Located atbullet88 11TH AVENUE NEMINNEAPOLISMN ZIP+4bullet55413
    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 2019, 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 2019?.............
    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 2019, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2019?.............
    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 2019 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 2019.)..................
    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 2019?
    4b
     
    No
    Form 990-PF (2019)
    Form 990-PF (2019)
    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
    PATRICK J MCHALE PRESIDENT
    0.60     		0 0 0
    PO BOX 1441
    MINNEAPOLIS,MN554401441
    KAREN P GALLIVAN VICE PRESIDENT
    0.40     		0 0 0
    PO BOX 1441
    MINNEAPOLIS,MN554401441
    JANEL W FRENCH TREASURER
    0.60     		0 0 0
    PO BOX 1441
    MINNEAPOLIS,MN554401441
    CHARLOTTE BOYD SECRETARY
    10.00     		0 0 0
    PO BOX 1441
    MINNEAPOLIS,MN554401441
    KARL HURSTON DIRECTOR
    0.40     		0 0 0
    PO BOX 1441
    MINNEAPOLIS,MN554401441
    DAVID LOWE DIRECTOR
    0.40     		0 0 0
    PO BOX 1441
    MINNEAPOLIS,MN554401441
    DAVID AHLERS DIRECTOR
    0.40     		0 0 0
    PO BOX 1441
    MINNEAPOLIS,MN554401441
    JEFF WEBER DIRECTOR
    0.40     		0 0 0
    PO BOX 1441
    MINNEAPOLIS,MN554401441
    JOE DANISKI DIRECTOR
    0.40     		0 0 0
    PO BOX 1441
    MINNEAPOLIS,MN554401441
    DAWN SVENKESON-KOUBAL DIRECTOR
    0.40     		0 0 0
    PO BOX 1441
    MINNEAPOLIS,MN554401441
    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 (2019)
    Form 990-PF (2019)
    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 NONE 0
    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 NOT APPLICABLE 0
    2  
    All other program-related investments. See instructions.
    3 Click to see attachment 0
    Total. Add lines 1 through 3.........................bullet0
    Form 990-PF (2019)
    Form 990-PF (2019)
    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
    23,421,457
    b
    Average of monthly cash balances.......................
    1b
    218,413
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    23,639,870
    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
    23,639,870
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    354,598
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    23,285,272
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    1,164,264
    Part XI
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    1,164,264
    2a
    Tax on investment income for 2019 from Part VI, line 5......
    2a
    21,010
    b
    Income tax for 2019. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    21,010
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,143,254
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    1,143,254
    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
    1,143,254
    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
    4,396,289
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    4,396,289
    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
    21,010
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    4,375,279
    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 (2019)
    Form 990-PF (2019)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2018     		(c)
    2018     		(d)
    2019
    1 Distributable amount for 2019 from Part XI, line 7 1,143,254
    2 Undistributed income, if any, as of the end of 2019:
    a Enter amount for 2018 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2019:
    a From 2014...... 272,509
    b From 2015...... 208,587
    c From 2016...... 256,740
    d From 2017...... 74,744
    e From 2018...... 34,269
    fTotal of lines 3a through e........ 846,849
    4Qualifying distributions for 2019 from Part
    XII, line 4: bullet$ 4,396,289
    a Applied to 2018, 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 2019 distributable amount..... 1,143,254
    e Remaining amount distributed out of corpus 3,253,035
    5 Excess distributions carryover applied to 2019. 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 4,099,884
    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 2018. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2019. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2020 ..........     		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 2014 not
    applied on line 5 or line 7 (see instructions) ...     		272,509
    9Excess distributions carryover to 2020.
    Subtract lines 7 and 8 from line 6a ......     		3,827,375
    10 Analysis of line 9:
    a Excess from 2015.... 208,587
    b Excess from 2016.... 256,740
    c Excess from 2017.... 74,744
    d Excess from 2018.... 34,269
    e Excess from 2019.... 3,253,035
    Form 990-PF (2019)
    Form 990-PF (2019)
    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 2019, 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) 2019 (b) 2018 (c) 2017 (d) 2016
             
    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 e-mail address of the person to whom applications should be addressed:
    CHARLOTTE BOYD COMMUNITY RELATIONS
    THE GRACO FOUNDATION 88 11TH AVE NE
    MINNEAPOLIS,MN55413
    (612) 623-6729
    bThe form in which applications should be submitted and information and materials they should include:
    GRANT REQUESTS SHOULD INCLUDE A COVER LETTER, ON ORGANIZATIONAL LETTERHEAD, DESCRIBING YOUR PROGRAM AND HOW IT FITS OUR FOCUS AREAS. IN ADDITION, EACH PROPOSAL SHOULD CONTAIN:BRIEF DESCRIPTION OF THE ORGANIZATION'S HISTORY; PROGRAM OBJECTIVES; CLIENTS SERVED; BUDGET, INCLUDING PROGRAM EXPENSES AND REVENUE SOURCES; PROGRAM EVALUATION METHODS AND RESULTS; LIST OF CORPORATE AND FOUNDATION DONORS; LIST OF THE BOARD OF DIRECTORS; COPY OF 501(C)(3) OR OTHER TAX EXEMPT CONFIRMATION; COPY OF MOST RECENT IRS FORM 990; AND COPY OF MOST RECENT AUDIT.
    cAny submission deadlines:
    NO DEADLINES
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    EMPHASIS WILL BE PLACED ON EDUCATIONAL PROGRAMS, ESPECIALLY STEM PROGRAMS; HUMAN SERVICE PROGRAMS PROMOTING WORKFORCE DEVELOPMENT; AND YOUTH DEVELOPMENT. ORGANIZATIONS LOCATED IN NEIGHBORHOODS CLOSE TO GRACO INC. FACILITIES AND EMPLOYEES' HOMES ARE OF SPECIAL INTEREST TO THE FOUNDATION. IN ORDER TO HAVE THE RESOURCES TO ADDRESS THESE FOCUS AREAS AND HAVE A SIGNIFICANT IMPACT ON GRANTEE ORGANIZATIONS, THE FOUNDATION HAS A PREFERENCE FOR LARGE ONE-TIME CAPACITY BUILDING GRANTS RATHER THAN OPERATING GRANTS. THE MAXIMUM COMMITMENT PER CAPITAL CAMPAIGN IS $150,000. ADDITIONALLY, GRANTS WITHIN A TWO-YEAR PERIOD ARE GENERALLY NOT CONSIDERED.
    Form 990-PF (2019)
    Form 990-PF (2019)
    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
    004871 SUNSET HILL PTA
    13005 SUNSET TRL
    PLYMOUTH,MN554415607     		  PC DOLLARS FOR DOERS 1,000
    ACCESS LTD
    817 26TH AVE NE
    MINNEAPOLIS,MN55418     		  PC DOLLARS FOR DOERS 1,000
    ACCESS LTD
    817 26TH AVE NE
    MINNEAPOLIS,MN55418     		  PC DOLLARS FOR DOERS 1,000
    ACHIEVE MINNEAPOLIS
    2829 UNIVERSITY AVE SE SUITE 850
    MINNEAPOLIS,MN55414     		  PC GENERAL OPERATING SUPPORT 24,000
    ACHIEVE MINNEAPOLIS
    2829 UNIVERSITY AVE SE SUITE 850
    MINNEAPOLIS,MN55414     		  PC DOLLARS FOR DOERS 500
    ADVENTIST DEVELOPMENT AND RELIEF AGENCY INTERNATIONAL
    12501 OLD COLUMBIA PIKE
    SILVER SPRING,MD209046601     		  PC DOLLARS FOR DOERS 1,000
    AHEF
    1201 89TH AVE NE STE 335
    BLAINE,MN55434     		  PC DOLLARS FOR DOERS 1,000
    ALEXANDRA HOUSE INC
    10065 3RD ST NE
    BLAINE,MN55434     		  PC DOLLARS FOR DOERS 1,000
    ALEXANDRIA TECHNICAL COLLEGE
    1601 JEFFERSON STREET
    ALEXANDRIA,MN563083799     		  PC GENERAL OPERATING SUPPORT 10,000
    AMERICAN ONLINE GIVING FOUNDATION INC
    2454 N MCMULLEN BOOTH RD
    CLEARWATER,FL33759     		  PC GENERAL OPERATING SUPPORT 243,268
    ANDOVER HUSKIES YOUTH HOCKEY
    2339 STATION PKWY
    ANDOVER,MN55304     		  PC DOLLARS FOR DOERS 1,000
    ANDOVER HUSKIES YOUTH HOCKEY ASSOCIATION
    15200 HANSON BLVD NW
    ANDOVER,MN553042763     		  PC DOLLARS FOR DOERS 1,000
    ANDOVER WRESTLING CLUB
    1685 CROSSTOWN BLVD NW
    ANDOVER,MN553042612     		  PC DOLLARS FOR DOERS 500
    ANDOVER YMCA
    15200 HANSON BLVD NW
    ANDOVER,MN55304     		  PC DOLLARS FOR DOERS 1,000
    ANOKA HENNEPIN EDUCATIONAL FOUNDATION INCORPORATED
    2727 N FERRY ST
    ANOKA,MN553031650     		  PC DOLLARS FOR DOERS 1,000
    ANOKA TECHNICAL COLLEGE FOUNDATION
    1355 W HIGHWAY 10
    ANOKA,MN55303     		  PC GENERAL OPERATING SUPPORT 10,000
    APALACHEE FCCLA
    940 HAYMAN MORRIS RD
    WINDER,GA30680     		  PC DOLLARS FOR DOERS 500
    ARDEN HILLS FOUNDATION
    3673 LEXINGTON AVE N H-2 STE 315
    ARDEN HILLS,MN55126     		  PC DOLLARS FOR DOERS 1,000
    ARDEN HILLS FOUNDATION
    1245 HIGHWAY 96 W
    ARDEN HILLS,MN551125743     		  PC DOLLARS FOR DOERS 1,000
    AVIVO
    1900 CHICAGO AVE
    MINNEAPOLIS,MN55404     		  PC GENERAL OPERATING SUPPORT 125,000
    AVIVO
    1900 CHICAGO AVE S
    MINNEAPOLIS,MN55404     		  PC DOLLARS FOR DOERS 500
    BALDWIN CHRISTIAN SCHOOL
    896 US HIGHWAY 63
    BALDWIN,WI54002     		  PC DOLLARS FOR DOERS 1,000
    BENGAL HOCKEY BOOSTERS
    2448 144TH LANE NE
    HAM LAKE,MN55304     		  PC DOLLARS FOR DOERS 1,000
    BETHANY LUTHERAN FOUNDATION
    1901 S HOLLY AVE
    SIOUX FALLS,SD57105     		  PC DOLLARS FOR DOERS 1,000
    BIG LAKE FAST PITCH ASSOCIATION
    PO BOX 251
    BIG LAKE,MN553090251     		  PC DOLLARS FOR DOERS 1,000
    BIG LAKE FASTPITCH ASSOCIATION
    PO BOX 251
    BIG LAKE,MN55309     		  PC DOLLARS FOR DOERS 1,000
    BIG LAKE FASTPITCH ASSOCIATION
    PO BOX 251
    BIG LAKE,MN55309     		  PC DOLLARS FOR DOERS 1,000
    BIG LAKE YOUTH FOOTBALL
    PO BOX 62
    BIG LAKE,MN55309     		  PC DOLLARS FOR DOERS 1,000
    BIG LAKE YOUTH FOOTBALL ASSOCIATION
    PO BOX 62
    BIG LAKE,MN553090062     		  PC DOLLARS FOR DOERS 1,000
    BIG LAKE YOUTH SPORTS ASSOCIATION
    PO BOX 231
    BIG LAKE,MN55309     		  PC DOLLARS FOR DOERS 1,000
    BIG LAKE YOUTH SPORTS ASSOCIATION
    PO BOX 231
    BIG LAKE,MN553090231     		  PC DOLLARS FOR DOERS 1,000
    BLAINE BOYS YOUTH BASKETBALL
    PO BOX 490143
    BLAINE,MN55449     		  PC DOLLARS FOR DOERS 1,000
    BLAINE HIGH SCHOOL BOYS HOCKEY BOOSTERS
    2448 144TH LN NE
    HAM LAKE,MN553046224     		  PC DOLLARS FOR DOERS 1,000
    BLAINE SWIMMING & DIVING BOOSTER CLUB
    12250 UNIVERSITY AVE
    BLAINE,MN55434     		  PC DOLLARS FOR DOERS 1,000
    BLAINE SWIMMING AND DIVING BOOSTER CLUB INC
    PO BOX 490614
    BLAINE,MN554490614     		  PC DOLLARS FOR DOERS 1,000
    BLAINE TRAP SHOOTING BOOSTERS
    PO BOX 490002
    BLAINE,MN554490002     		  PC DOLLARS FOR DOERS 1,000
    BOTTINEAU NEIGHBORHOOD ASSN
    2205 CALIFORNIA ST NE 107
    MINNEAPOLIS,MN55418     		  PC DOLLARS FOR DOERS 1,000
    BOUNDARY WATERS ADVISORY COMMITTEE
    309 CEDAR AVE S
    MINNEAPOLIS,MN554541030     		  PC DOLLARS FOR DOERS 1,000
    BOY SCOUT TROOP 131
    249 MALIBU DR
    BOLINGBROOK,IL604402313     		  PC DOLLARS FOR DOERS 1,000
    BOY SCOUT TROOP 283
    125 WAYZATA BLVD E
    WAYZATA,MN55391     		  PC DOLLARS FOR DOERS 1,000
    BOY SCOUT TROOP 94
    1725 N WOOSTER AVE
    DOVER,OH44622     		  PC DOLLARS FOR DOERS 1,000
    BOY SCOUTS OF AMERICA
    1191 SCOUT DR
    SARTELL,MN563774537     		  PC DOLLARS FOR DOERS 1,000
    BOY SCOUTS OF AMERICA - TROOP 131
    249 MALIBU DR
    BOLINGBROOK,IL60040     		  PC DOLLARS FOR DOERS 1,000
    BOY SCOUTS OF AMERICA NORTHERN STAR COUNCIL 20-3000282
    6202 BLOOMINGTON RD
    FORT SNELLING,MN55111     		  PC DOLLARS FOR DOERS 2,000
    BRIAN BORU IRISH PIPE BAND
    2320 EDINBROOK TERRACE
    BROOKLYN PARK,MN55443     		  PC DOLLARS FOR DOERS 1,000
    BRIDGING
    1730 TERRACE DR
    ROSEVILLE,MN55113     		  PC DOLLARS FOR DOERS 500
    BRIDGING INCORPORATED
    201 W 87TH ST
    BLOOMINGTON,MN554202715     		  PC DOLLARS FOR DOERS 1,000
    BUFFALO DANCE TEAM BOOSTER CLUB
    11621 LYNWOOD AVE NE
    HANOVER,MN55341     		  PC DOLLARS FOR DOERS 1,000
    CAER FOOD SHELF
    12621 ELK LAKE RD NW
    ELK RIVER,MN55330     		  PC DOLLARS FOR DOERS 1,000
    CENTENNIAL YOUTH HOCKEY ASSOCIATION
    PO BOX 356
    CIRCLE PINES,MN55014     		  PC DOLLARS FOR DOERS 1,000
    CENTRAL PUBLIC SCHOOL DISTRICT
    BOX 247
    NORWOOD YOUNG AMERICA,MN55368     		  PC DOLLARS FOR DOERS 1,000
    CENTURY COLLEGE FOUNDATION
    3300 CENTURY AVE N
    WHITE BEAR LAKE,MN55110     		  PC DOLLARS FOR DOERS 1,000
    CHRIST THE KING CHURCH
    5029 ZENITH AVE S
    MINNEAPOLIS,MN554102195     		  PC DOLLARS FOR DOERS 1,000
    CHRISTIAN BROTHERS FOUNDATION
    8 FRIEDERICHS AVE - CITY PARK
    NEW ORLEANS,LA70124     		  PC DOLLARS FOR DOERS 1,000
    CHRISTIAN BROTHERS FOUNDATION INC
    8 FRIEDERICHS AVE
    NEW ORLEANS,LA701244600     		  PC DOLLARS FOR DOERS 1,000
    CI GRAND SLAMMERS
    PO BOX 612
    CAMBRIDGE,MN55008     		  PC DOLLARS FOR DOERS 1,000
    CITY OF MINNEAPOLIS
    350 S 5TH ST ROOM M323
    MINNEAPOLIS,MN55415     		  GOV GENERAL OPERATING SUPPORT 3,027,700
    COMMUNITY AID OF ELK RIVER
    19279 WATSON ST NW
    ELK RIVER,MN553302464     		  PC DOLLARS FOR DOERS 1,000
    COMMUNITY EDUCATION (RAIDER TOUCHDOWN CLUB)
    PO BOX 367
    NYA,MN55368     		  PC DOLLARS FOR DOERS 1,000
    COON RAPIDS FASTPITCH ASSOCIATION
    251 8TH ST STE C
    ELK RIVER,MN55330     		  PC DOLLARS FOR DOERS 1,000
    COON RAPIDS FASTPITCH ASSOCIATION
    3753 123RD LN NW
    COON RAPIDS,MN554331668     		  PC DOLLARS FOR DOERS 1,000
    CREATEMPLS
    3040 JAMES AVE S 1
    MINNEAPOLIS,MN55408     		  PC DOLLARS FOR DOERS 1,000
    CROOKS AREA WORKING TOGETHER
    501 WILD TREE CIR
    CROOKS,SD570202006     		  PC DOLLARS FOR DOERS 1,000
    CROSS SERVICES
    12915 WEINAND CIR
    ROGERS,MN55374     		  PC DOLLARS FOR DOERS 1,000
    DEXTER HIGH SCHOOL
    8870 HIDDEN WOODS
    DEXTER,MI48130     		  PC GENERAL OPERATING SUPPORT 7,500
    DUNWOODY COLLEGE OF TECHNOLOGY
    818 DUNWOODY BLVD
    MINNEAPOLIS,MN554031192     		  PC GENERAL OPERATING SUPPORT 25,000
    EAST SIDE NEIGHBORHOOD SERVICES
    1700 SECOND ST NE
    MINNEAPOLIS,MN55413     		  PC GENERAL OPERATING SUPPORT 75,000
    EASTSIDE MEALS ON WHEELS
    1510 33RD AVE NE
    MINNEAPOLIS,MN55418     		  PC DOLLARS FOR DOERS 500
    EASTSIDE MEALS ON WHEELS
    1510 33RD AVE NE
    MINNEAPOLIS,MN55418     		  PC DOLLARS FOR DOERS 1,000
    EDINA ROBOTICS TEAM 1816
    6701 HILLSIDE LANE
    EDINA,MN55439     		  PC DOLLARS FOR DOERS 1,000
    EISENHOWER AND XINXING ACADEMY PTO
    1001 HWY 7
    HOPKINS,MN55305     		  PC DOLLARS FOR DOERS 1,000
    EISENHOWER ELEMENTARY PTO
    151 NORTHDALE BLVD
    COON RAPIDS,MN55448     		  PC DOLLARS FOR DOERS 1,000
    ELEMENT FOUNDATION
    655 FAIRVIEW AVE N
    ST PAUL,MN55104     		  PC DOLLARS FOR DOERS 1,000
    ELK RIVER BOYS BASKETBALL
    11478 193RD AVE NW
    ELK RIVER,MN55330     		  PC DOLLARS FOR DOERS 500
    ELK RIVER BOYS BASKETBALL
    PO BOX 541
    ELK RIVER,MN55330     		  PC DOLLARS FOR DOERS 1,000
    ELK RIVER WRESTLING BOOSTER CLUB
    PO BOX 161
    ELK RIVER,MN553300161     		  PC DOLLARS FOR DOERS 1,000
    ELK RIVER WRESTLING BOOSTERS
    PO BOX 161
    ELK RIVER,MN55330     		  PC DOLLARS FOR DOERS 1,000
    ELK RIVER YOUTH FOOTBALL
    PO BOX 570
    ELK RIVER,MN55330     		  PC DOLLARS FOR DOERS 1,000
    ELK RIVER YOUTH FOOTBALL
    PO BOX 570
    ELK RIVER,MN55330     		  PC DOLLARS FOR DOERS 1,000
    ELK RIVER YOUTH LACROSSE
    PO BOX 86
    ELK RIVER,MN55330     		  PC DOLLARS FOR DOERS 1,000
    ELPIS ENTERPRISES
    2161 UNIVERSITY AVE W 112
    ST PAUL,MN55114     		  PC GENERAL OPERATING SUPPORT 500
    EMERGE
    1834 EMERSON AVE N
    MINNEAPOLIS,MN55411     		  PC GENERAL OPERATING SUPPORT 50,000
    FEED MY STARVING CHILDREN
    401 93RD AVE NW
    COON RAPIDS,MN55433     		  PC DOLLARS FOR DOERS 1,000
    FEED MY STARVING CHILDREN
    401 93RD AVE NW
    COON RAPIDS,MN55433     		  PC DOLLARS FOR DOERS 500
    FEED MY STARVING CHILDREN
    401 93RD AVE NW
    COON RAPIDS,MN554335822     		  PC DOLLARS FOR DOERS 1,000
    FIRST ROBOTICS - EDISON HIGH SCHOOL
    200 BEDFORD STREET
    MANCHESTER,NH03101     		  PC GENERAL OPERATING SUPPORT 12,500
    FISHING HAS NO BOUNDARIES
    PO BOX 748
    NISSWA,MN56468     		  PC DOLLARS FOR DOERS 500
    FISHING HAS NO BOUNDARIES INC
    52 E CRESCENTVILLE RD
    WEST CHESTER,OH45246     		  PC DOLLARS FOR DOERS 500
    FRANCIS FIRST WARD
    387 W LAST FRONTIER LANE
    FRANCIS,UT84036     		  PC DOLLARS FOR DOERS 1,000
    FRANCIS FIRST WARD MEMO TROOP 152
    387 W LAST FRONTIER LANE
    FRANCIS,UT84036     		  PC DOLLARS FOR DOERS 1,000
    FRAYEO
    2910 PILLSBURY AVE S
    MINNEAPOLIS,MN55408     		  PC GENERAL OPERATING SUPPORT 500
    FRIENDS IN ACTION INTERNATIONAL INC
    PO BOX 323
    ELIZABETHTOWN,PA170220000     		  PC DOLLARS FOR DOERS 1,000
    GANNON UNIVERSITY
    109 UNIVERSITY SQUARE
    ERIE,PA165410001     		  PC GENERAL OPERATING SUPPORT 10,000
    GIRL SCOUT TROOP 18439
    1248 142ND LN NW
    ANDOVER,MN55304     		  PC DOLLARS FOR DOERS 1,000
    GIRL SCOUTS OF MINNESOTA AND WISCONSIN LAKES AND PINES
    400 SECOND AVE S
    WAITE PARK,MN56387     		  PC DOLLARS FOR DOERS 1,000
    GIRL SCOUTS OF MINNESOTA AND WISCONSIN LAKES AND PINES
    400 2ND AVE S
    WAITE PARK,MN563871404     		  PC DOLLARS FOR DOERS 1,000
    GIRLS ON THE RUN TWIN CITIES INC
    3433 BROADWAY ST NE
    MINNEAPOLIS,MN55413     		  PC DOLLARS FOR DOERS 500
    GREAT RIVER SOCCER CLUB
    PO BOX 391
    BIG LAKE,MN55309     		  PC DOLLARS FOR DOERS 1,000
    GREAT RIVER SOCCER CLUB
    PO BOX 391
    BIG LAKE,MN55309     		  PC DOLLARS FOR DOERS 1,000
    GREENTOWN ATHLETIC CLUB
    PO BOX 159
    GREENTOWN,OH44630     		  PC DOLLARS FOR DOERS 1,000
    GSNEO TROOP 60263
    2216 OAK TREE DR NW
    DOVER,OH44622     		  PC DOLLARS FOR DOERS 1,000
    HEARTS & HAMMERS
    2599 FAIRVIEW AVE N
    ST PAUL,MN55113     		  PC GENERAL OPERATING SUPPORT 12,500
    HELPING PAWS
    PO BOX 634
    HOPKINS,MN55343     		  PC DOLLARS FOR DOERS 1,000
    HELPING PAWS OF MINNESOTA INC
    630 12TH AVENUE SOUTH
    HOPKINS,MN55344     		  PC DOLLARS FOR DOERS 1,000
    HENNEPIN TECHNICAL COLLEGE FOUNDATION
    9000 BROOKLYN BLVD
    BROOKLYN PARK,MN55445     		  PC GENERAL OPERATING SUPPORT 500
    HOPE COUNTS
    2760 N 4200 W
    OGDEN,UT84404     		  PC DOLLARS FOR DOERS 1,000
    HOPE LOVE EQUIP FOUNDATION
    44945 288TH ST
    VIBORG,SD57070     		  PC DOLLARS FOR DOERS 500
    ICONNECT OUTREACH INC
    2405 WINTER TRAIL DR
    CONROE,TX773042161     		  PC DOLLARS FOR DOERS 500
    IGLESIA LA LUZ DEL MUNDO
    502 1ST AVE E
    SHAKOPEE,MN55379     		  PC DOLLARS FOR DOERS 1,000
    IND SCHOOL DIST 728
    11500 193RD AVE NW
    ELK RIVER,MN55330     		  PC DOLLARS FOR DOERS 3,500
    INVERTED ARTS
    77 13TH AVE NE
    MINNEAPOLIS,MN55413     		  PC DOLLARS FOR DOERS 1,000
    IRISH FAIR OF MINNESOTA
    836 PRIOR AVE N
    ST PAUL,MN55104     		  PC DOLLARS FOR DOERS 1,000
    IRISH FAIR OF MINNESOTA
    836 PRIOR AVENUE
    SAINT PAUL,MN55104     		  PC DOLLARS FOR DOERS 1,000
    JEFFERSON ATHLETIC BOOSTER GROUP
    8230 W 110TH ST
    BLOOMINGTON,MN55438     		  PC DOLLARS FOR DOERS 1,000
    KNIGHTKRAWLER ROBOTICS
    2425 LONG LAKE RD
    NEW BRIGHTON,MN55112     		  PC DOLLARS FOR DOERS 1,000
    KNIGHTKRAWLER ROBOTICS
    PO BOX 120905
    SAINT PAUL,MN551120027     		  PC DOLLARS FOR DOERS 1,000
    LAKE AREA TECHICAL INSTITUTE
    230 - 11TH STREE NE
    WATERTOWN,SD572010730     		  PC GENERAL OPERATING SUPPORT 10,000
    LAMBERT HIGH SCHOOL - BOYS GOLF TEAM
    805 NICHOLS ROAD
    SUWANEE,GA30024     		  PC DOLLARS FOR DOERS 1,000
    LAXRS
    PO BOX 490141
    BLAINE,MN55449     		  PC DOLLARS FOR DOERS 1,000
    LINDSTROM VOLUNTEER FIREFIGHTERS RELIEF ASSOCIATION
    PO BOX 503
    LINDSTROM,MN55045     		  PC DOLLARS FOR DOERS 1,000
    LINDSTROM VOLUNTEER FIREMANS RELIEF ASSOCIATION
    PO BOX 501
    LINDSTROM,MN550450501     		  PC DOLLARS FOR DOERS 1,000
    LUV A CHIN RESCUE
    PO BOX 243
    REDWOOD FALLS,MN56283     		  PC DOLLARS FOR DOERS 1,000
    MAPLE GROVE WRESTLING BOOSTER CLUB
    12806 94TH AVE N
    MAPLE GROVE,MN55369     		  PC DOLLARS FOR DOERS 1,000
    MARINE FOUNDATION OF INDIANA LLC
    550 S AUDUBON RD
    INDIANAPOLIS,IN46219     		  PC DOLLARS FOR DOERS 1,000
    MENLO PARK ACADEMY
    1700 NE 2ND ST
    MINNEAPOLIS,MN55413     		  PC GENERAL OPERATING SUPPORT 500
    MILAN BIG RED YOUTH FOOTBALL PROGRA
    200 BIG RED DR
    MILAN,MI481601583     		  PC DOLLARS FOR DOERS 1,000
    MINDS MATTER
    4912 WASHBURN AVE S
    MINNEAPOLIS,MN55410     		  PC DOLLARS FOR DOERS 1,000
    MINDS MATTER OF TWIN CITIES INC
    4912 WASHBURN AVE S
    MINNEAPOLIS,MN55410     		  PC DOLLARS FOR DOERS 1,000
    MINNEAPOLIS COMMUNITY AND TECHNICAL COLLEGE
    1501 HENNEPIN AVE
    MINNEAPOLIS,MN55403     		  PC GENERAL OPERATING SUPPORT 10,000
    MINNEAPOLIS JAPANESE SCHOOL
    6374 LYNN WAY
    WOODBURY,MN55129     		  PC DOLLARS FOR DOERS 1,000
    MINNEOTA FIRST RESPONDERS GROUP INC
    306 N MADISON ST
    MINNEOTA,MN562649215     		  PC DOLLARS FOR DOERS 1,000
    MINNESOTA BASSET RESCUE
    PO BOX 68005
    MINNEAPOLIS,MN554184714     		  PC DOLLARS FOR DOERS 1,000
    MINNESOTA BASSET RESCUE
    PO BOX 68005
    MINNEAPOLIS,MN554184714     		  PC DOLLARS FOR DOERS 1,000
    MINNESOTA BASSET RESCUE
    PO BOX 68005
    MINNEAPOLIS,MN55418     		  PC DOLLARS FOR DOERS 2,000
    MINNESOTA JCI SENATE FOUNDATION
    1405 LILAC DR N STE 125
    GOLDEN VALLEY,MN554224549     		  PC DOLLARS FOR DOERS 500
    MINNESOTA PRIVATE COLLEGE FUND
    445 MINNESOTA STREET
    ST PAUL,MN55101     		  PC GENERAL OPERATING SUPPORT 42,500
    MINNESOTA TOOL LIBRARY
    1620 CENTRAL AVE NE STE 126
    MINNEAPOLIS,MN55413     		  PC DOLLARS FOR DOERS 500
    MINNESOTA TRANSPORTATION MUSEUM
    193 PENNSYLVANIA AVE E
    ST PAUL,MN55130     		  PC DOLLARS FOR DOERS 1,000
    MINNESOTA VIETNAMESE LANGUAGE SCHOOL
    PO BOX 228
    LAKE ELMO,MN55042     		  PC DOLLARS FOR DOERS 1,000
    MN JAYCEES CHARITABLE FOUNDATION
    1405 N LILAC DR STE 125
    GOLDEN VALLEY,MN55422     		  PC DOLLARS FOR DOERS 500
    MN JCI SENATE FOUNDATION
    1405 N LILAC DR STE 125
    GOLDEN VALLEY,MN55422     		  PC DOLLARS FOR DOERS 1,000
    MNSC FOUNDATION
    26889 104TH ST
    ZIMMERMAN,MN55398     		  PC DOLLARS FOR DOERS 1,000
    MNSC FOUNDATION
    12931 277TH AVE NW
    ZIMMERMAN,MN553988670     		  PC DOLLARS FOR DOERS 1,000
    MONTESSORI IN THE WOODS
    1390 TOWNHALLD RD W
    ERIE,PA16509     		  PC DOLLARS FOR DOERS 1,000
    MONTICELLO SOCCER CLUB
    PO BOX 1214
    MONTICELLO,MN553621214     		  PC DOLLARS FOR DOERS 1,000
    MONTICELLO YOUTH HOCKEY PROGRAM INC
    PO BOX 584
    MONTICELLO,MN55362     		  PC DOLLARS FOR DOERS 1,000
    MONTICELLO YOUTH HOCKEY PROGRAM INC
    420 4TH ST EAST BOX 584
    MONTICELLO,MN553620000     		  PC DOLLARS FOR DOERS 1,000
    MOORESVILLE AREA CHRISTIAN MISSION INC
    266 N BROAD STREET
    MOORESVILLE,NC281150062     		  PC DOLLARS FOR DOERS 1,000
    NAMI DAKOTA COUNTY
    PO BOX 22121
    EAGAN,MN551220121     		  PC DOLLARS FOR DOERS 500
    NORTHDALE MIDDLE SCHOOL
    11301 DOGWOOD ST NW
    COON RAPIDS,MN55448     		  PC DOLLARS FOR DOERS 1,000
    NORTHLAND SUPERMILEAGE CLUB
    316 MAIN ST E
    REMER,MN56672     		  PC DOLLARS FOR DOERS 1,000
    NORTHLAND SUPERMILEAGE CLUB
    316 MAIN ST E
    REMER,MN56672     		  PC DOLLARS FOR DOERS 1,000
    NORTHVIEW THEATRE BOOSTERS
    5403 SILICA DR
    SYLVANIA,OH43560     		  PC DOLLARS FOR DOERS 1,000
    NOWTHEN BASEBALL SBAA
    PO BOX 400
    ST FRANCIS,MN55070     		  PC DOLLARS FOR DOERS 1,000
    NOWTHEN BASEBALL SBAA
    PO BOX 400
    ST FRANCIS,MN55070     		  PC DOLLARS FOR DOERS 1,000
    NOWTHEN HERITAGE FESTIVAL INC
    19046 YTTRIUM ST NW
    NOWTHEN,MN55303     		  PC DOLLARS FOR DOERS 1,000
    OHIO EMERALDS FASTPITCH
    3856 LORWOOD ST NW
    MASSILON,OH44646     		  PC DOLLARS FOR DOERS 1,000
    OHIO EMERALDS FASTPITCH SOFTBALL CLUB INC
    3856 LORWOOD ST NW
    MASSILLON,OH446463267     		  PC DOLLARS FOR DOERS 1,000
    OSSEO PARK CENTER GIRLS LACROSSE
    12235 52ND AVE N
    PLYMOUTH,MN55442     		  PC DOLLARS FOR DOERS 500
    OSSEO PARK CENTER GIRLS LACROSSE
    12235 52ND AVE N
    PLYMOUTH,MN55442     		  PC DOLLARS FOR DOERS 500
    PAGE EDUCATION FOUNDATION
    PO BOX 581254
    MINNEAPOLIS,MN55458     		  PC GENERAL OPERATING SUPPORT 15,000
    PERRY BAND BOOSTERS INC
    3737 13TH ST NW
    MASSILON,OH44646     		  PC DOLLARS FOR DOERS 1,000
    PERRY YOUTH FOOTBALL
    PO BOX 80475
    CANTON,OH447080475     		  PC DOLLARS FOR DOERS 1,000
    PRAIRIE SEED ACADEMY
    6200 W BROADWAY AVE N
    BROOKLYN PARK,MN55428     		  PC GENERAL OPERATING SUPPORT 500
    PREPARE & PROSPER
    2610 UNVERSITY AVE W STE 450
    ST PAUL,MN55114     		  PC DOLLARS FOR DOERS 500
    PRINCETON FOOTBALL BOOSTER CLUB INC
    PO BOX 522
    PRINCETON,MN55371     		  PC DOLLARS FOR DOERS 1,000
    PRINCETON YOUTH BASKETBALL ASSOCIATION INC
    PO BOX 222
    PRINCETON,MN553710222     		  PC DOLLARS FOR DOERS 500
    PRINCETON YOUTH SOFTBALL AND BASEBALL ASSOCIATION
    PO BOX 375
    PRINCETON,MN553710375     		  PC DOLLARS FOR DOERS 1,000
    PURPLE PLAYGROUND
    5905 ELLIOT AVE S
    MINNEAPOLIS,MN55417     		  PC DOLLARS FOR DOERS 1,000
    PYC ARTS & TECH HIGH SCHOOL
    2210 OLIVER AVE N
    MINNEAPOLIS,MN55411     		  PC GENERAL OPERATING SUPPORT 500
    RANDOLPH AREA HISTORICAL SOCIETY
    4311 UPPER 291ST ST EAST
    RANDOLPH,MN550650000     		  PC DOLLARS FOR DOERS 1,000
    RAVEN STREAM ELEMENTARY
    300 11TH AVE NW
    NEW PRAGUE,MN56071     		  PC DOLLARS FOR DOERS 500
    RICHVILLE BASEBALL AND SOFTBALL ASSOCIATION
    PO BOX 1211
    MASSILLON,OH44646     		  PC DOLLARS FOR DOERS 1,000
    RIVER FALLS AREA HOSPITAL FOUNDATION
    1629 E DIVISION ST
    RIVER FALLS,WI54022     		  PC DOLLARS FOR DOERS 1,000
    RIVER FALLS COMMUNITY THEATRE
    PO BOX 2
    RIVER FALLS,WI54022     		  PC DOLLARS FOR DOERS 1,000
    ROBBINSDALE ACADEMY - HIGHVIEW
    2400 SANDBURG LANE
    GOLDEN VALLEY,MN55427     		  PC GENERAL OPERATING SUPPORT 500
    ROBBINSDALE CRIME PREVENTION ASSOCIATION
    4101 HUBARD AVE N
    ROBBINSDALE,MN55422     		  PC DOLLARS FOR DOERS 1,000
    ROGERS DECA
    21000 141ST AVE
    ROGERS,MN55374     		  PC DOLLARS FOR DOERS 500
    ROGERS HIGH SCHOOL MEMO ROGERS LIONS CLUB SCHOLARSHIP
    PO BOX 112
    ROGERS,MN55374     		  PC DOLLARS FOR DOERS 1,000
    ROGERS HIGH SCHOOL MEMO ROGERS LIONS CLUB SCHOLARSHIP
    PO BOX 112
    ROGERS,MN55374     		  PC DOLLARS FOR DOERS 1,000
    ROGERS HIGH SCHOOL MEMO ROGERS LIONS CLUB SCHOLARSHIP
    PO BOX 112
    ROGERS,MN55374     		  PC DOLLARS FOR DOERS 1,000
    ROGERS HIGH SCHOOL MEMO ROGERS LIONS CLUB SCHOLARSHIP
    PO BOX 112
    ROGERS,MN55374     		  PC DOLLARS FOR DOERS 1,000
    ROGERS ROTARY FOUNDATION
    PO BOX 331
    ROGERS,MN553740331     		  PC DOLLARS FOR DOERS 1,000
    ROTARY CLUB OF ROGERS
    806 7TH AVE NE
    BUFFALO,MN55313     		  PC DOLLARS FOR DOERS 1,000
    RYAN WELLS FOUNDATION INC
    3636 WOODRIDGE PL
    PALM HARBOR,FL346842425     		  PC DOLLARS FOR DOERS 1,000
    SAMARITAN'S PURSE
    801 BAMBOO RD BOONE
    BOONE,NC286073000     		  PC DOLLARS FOR DOERS 500
    SANYAS HOPE FOR CHILDREN
    3672 POINTE PASS NW
    PRIOR LAKE,MN55372     		  PC DOLLARS FOR DOERS 1,000
    SANYA'S HOPE FOR CHILDREN
    3672 POINTE PASS NW
    PRIOR LAKE,MN553724555     		  PC DOLLARS FOR DOERS 500
    SCHOLARSHIP AMERICA
    ONE SCHOLARSHIP WAY
    ST PETER,MN56082     		  PC SCHOLARSHIPS 113,930
    SCORE INTERATIONAL
    PO BOX 9994
    CHATTANOOGA,TN37412     		  PC DOLLARS FOR DOERS 1,000
    SEBIE LAKE AREA CONSERVATION ASSOCIATION
    3837 S SEBIE LAKE RD
    FORT RIPLEY,MN56449     		  PC DOLLARS FOR DOERS 1,000
    SEBIE LAKE AREA CONSERVATION ASSOCIATION
    3837 SEBIE LAKE RD
    FORT RIPLEY,MN564491567     		  PC DOLLARS FOR DOERS 500
    SHRINERS HOSPITALS FOR CHILDREN
    12502 USF PINE DR
    TAMPA,FL33612     		  PC DOLLARS FOR DOERS 500
    SIOUX FALLS 1ST WARD MEMO TROOP 218
    3900 S FAIRHALL AVE
    SIOUX FALLS,SD57106     		  PC DOLLARS FOR DOERS 1,000
    SIOUX FALLS AREA COMMUNITY FOUNDATION SPECIAL PROJECT DELL RAPIDS TRAI
    200 N CHERAPA PL
    SIOUX FALLS,SD57103     		  PC DOLLARS FOR DOERS 1,000
    SIOUX FALLS AREA COMMUNITY FOUNDATION INC
    200 CHERAPA PL
    SIOUX FALLS,SD571032205     		  PC DOLLARS FOR DOERS 1,000
    SOLDIERS' ANGELS
    2700 NE LOOP 410 STE 310
    SAN ANTONIO,TX78217     		  PC DOLLARS FOR DOERS 1,000
    SOLDIERS' ANGELS
    2895 NE LOOP 410 SUITE 107
    SAN ANTONIO,TX78218     		  PC DOLLARS FOR DOERS 1,000
    SOUTH DAKOTA SCHOOL OF MINES AND TECH
    501 EAST SAINT JOSEPH STREET
    RAPID CITY,SD577013995     		  PC GENERAL OPERATING SUPPORT 10,000
    SOUTH DAKOTA STATE UNIVERSITY
    815 MEDARY AVENUE BOX 525
    BROOKINGS,SD57007     		  PC GENERAL OPERATING SUPPORT 10,000
    ST FRANCIS REGIONAL MEDICAL CENTER
    PO BOX 43
    MINNEAPOLIS,MN554400043     		  PC DOLLARS FOR DOERS 1,000
    ST GERTRUDES HEALTH CENTER
    4560 NORWAY PINES PL
    HERMANTOWN,MN558111253     		  PC DOLLARS FOR DOERS 500
    ST FRANCIS BLUE LINE CLUB
    PO BOX 158
    ST FRANCIS,MN55070     		  PC DOLLARS FOR DOERS 1,000
    ST FRANCIS HOMERUN CLUB
    PO BOX 743
    ST FRANCIS,MN55070     		  PC DOLLARS FOR DOERS 1,000
    ST FRANCIS HOUSE
    1301 E AUSTIN ST
    SIOUX FALLS,SD57103     		  PC GENERAL OPERATING SUPPORT 80,770
    ST FRANCIS REGIONAL MEDICAL CENTER
    1455 ST FRANCIS AVE
    SHAKOPEE,MN55379     		  PC DOLLARS FOR DOERS 1,000
    ST MAXIMILIAN KOLBE SCHOOL
    PO BOX 470
    DELANO,MN55328     		  PC DOLLARS FOR DOERS 500
    ST PAUL COLLEGE
    235 MARSHALL AVE
    ST PAUL,MN55102     		  PC GENERAL OPERATING SUPPORT 10,000
    ST VINCENT DE PAUL ST MICHAEL CONFERENCE
    1600 S MARION RD
    SIOUX FALLS,SD57106     		  PC DOLLARS FOR DOERS 1,000
    ST VINCENT DEPAUL SOCIETY
    2425 MYERSVILLE RD
    AKRON,OH44312     		  PC DOLLARS FOR DOERS 1,000
    STARK STATE COLLEGE OF TECHNOLOGY
    6200 FRANK AVENUE NW
    NORTH CANTON,OH447207299     		  PC GENERAL OPERATING SUPPORT 10,000
    STOUT UNIVERSITY FOUNDATION
    320 S BROADWAY ST
    MENOMONIE,WI54751     		  PC GENERAL OPERATING SUPPORT 10,000
    SUMMIT ACADEMY OIC
    935 OLSON MEMORIAL HWY
    MINNEAPOLIS,MN55405     		  PC DOLLARS FOR DOERS 1,000
    SUMMIT ACADEMY OIC
    935 OLSON MEMORIAL HWY
    MINNEAPOLIS,MN554051359     		  PC DOLLARS FOR DOERS 1,000
    THE BANQUET
    900 E 8TH ST
    SIOUX FALLS,SD57103     		  PC DOLLARS FOR DOERS 1,000
    THE BOUNDARY WATERS ADVISORY COMMITTEE
    309 S CEDAR AVE
    MINNEAPOLIS,MN55454     		  PC DOLLARS FOR DOERS 500
    THE CHURCH OF ST ANDREW
    566 4TH ST NW
    ELK RIVER,MN553301496     		  PC DOLLARS FOR DOERS 1,000
    THE SOCIETY OF ST VINCENT DE PAUL OF SIOUX FALLS SOUTH DAKOTA
    431 N CLIFF AVE
    SIOUX FALLS,SD571030845     		  PC DOLLARS FOR DOERS 1,500
    THREE RIVERS PARK DISTRICT FOUNDATION INC
    3000 XENIUM LN N
    PLYMOUTH,MN554412661     		  PC DOLLARS FOR DOERS 500
    TOPS CLUB INC
    PO BOX 07360
    MILWAUKEE,WI532070360     		  PC DOLLARS FOR DOERS 500
    TRINITY SCHOOL AT RIVER RIDGE
    601 RIVER RIDGE PARKWAY
    EAGAN,MN55121     		  PC DOLLARS FOR DOERS 1,000
    TROOP 196
    5760 PORTLAND AVE S
    MINNEAPOLIS,MN55419     		  PC DOLLARS FOR DOERS 1,000
    UNITED SPECIAL OLYMPICS - WOLFPACK
    1417 S OLIVE DR
    SIOUX FALLS,SD57103     		  PC DOLLARS FOR DOERS 1,000
    UNIVERSITY OF AKRON
    DEPARTMENT OF DEVELOPMENT
    AKRON,OH443252603     		  PC GENERAL OPERATING SUPPORT 10,000
    UNIVERSITY OF MINNESOTA - DULUTH
    1303 ORDEAN CT
    DULUTH,MN55812     		  PC GENERAL OPERATING SUPPORT 10,000
    UNIVERSITY OF MINNESOTA - TWIN CITIES
    117 PLEASANT STREET SE
    MINNEAPOLIS,MN55455     		  PC GENERAL OPERATING SUPPORT 20,000
    UNIVERSITY OF MINNESOTA FOUNDATION
    200 OAK STREET SE NO 500
    MINNEAPOLIS,MN554552010     		  PC DOLLARS FOR DOERS 500
    UNIVERSITY OF SIOUX FALLS
    1101 WEST 22ND STREET
    SIOUX FALLS,SD57105     		  PC GENERAL OPERATING SUPPORT 10,000
    UNIVERSITY OF ST THOMAS
    2115 SUMMIT AVE
    ST PAUL,MN55105     		  PC GENERAL OPERATING SUPPORT 10,000
    URBAN VENTURES
    2924 4TH AVE S
    MINNEAPOLIS,MN55408     		  PC GENERAL OPERATING SUPPORT 100,000
    VALLEY CENTRAL YOUTH FOOTBALL & CHEER
    PO BOX 296
    MONTGOMERY,NY12549     		  PC DOLLARS FOR DOERS 1,000
    VENTURE CREW 131 - SCOUTS BSA
    561 REDWOOD DR
    BOLINGBROOK,IL60040     		  PC DOLLARS FOR DOERS 1,000
    WARRIORS NEVER GIVE UP
    PO BOX 1246
    SIOUX FALLS,SD57101     		  PC DOLLARS FOR DOERS 500
    WASHTENAW COMMUNITY COLLEGE
    4800 EAST HURON RIVER DRIVE
    ANN ARBOR,MI481054800     		  PC GENERAL OPERATING SUPPORT 10,000
    WASTEBASKET REVUE INC
    11200 93RD AVE N
    MAPLE GROVE,MN553693669     		  PC DOLLARS FOR DOERS 1,000
    WAYZATA BOOSTER FOUNDATION
    4955 PEONY LN
    PLYMOUTH,MN55446     		  PC DOLLARS FOR DOERS 1,000
    WAYZATA BOOSTER FOUNDATION
    4955 PEONY LN
    PLYMOUTH,MN55446     		  PC DOLLARS FOR DOERS 1,000
    WAYZATA GIRLS BASKETBALL ASSOC
    16481 59TH PL N
    PLYMOUTH,MN55446     		  PC DOLLARS FOR DOERS 1,000
    WAYZATA GIRLS BASKETBALL ASSOCIATION
    623 BUSHAWAY RD
    WAYZATA,MN55391     		  PC DOLLARS FOR DOERS 1,000
    WEBSTER ELEMENTARY
    425 5TH ST NE
    MINNEAPOLIS,MN55413     		  PC DOLLARS FOR DOERS 1,000
    WHITE BEAR AREA EMEGENCY FOOD SHELF
    1884 WHITAKER ST
    WHITE BEAR LAKE,MN55110     		  PC DOLLARS FOR DOERS 1,000
    WHITE BEAR AREA YMCA
    2100 ORCHARD LN
    WHITE BEAR LAKE,MN55110     		  PC DOLLARS FOR DOERS 1,000
    WOMENSOURCE
    1902 5TH AVE
    ANOKA,MN55303     		  PC DOLLARS FOR DOERS 1,000
    WOODLAND WARD BSA TROOP 170
    4219 S BENCH CREEK RD
    KAMAS,UT84036     		  PC DOLLARS FOR DOERS 1,000
    WPMI
    301 S MAIN AVE
    SIOUX FALLS,SD57104     		  PC DOLLARS FOR DOERS 1,000
    WRIGHT COUNTY SOCCER CLUB
    2130 54TH ST NW
    BUFFALO,MN55313     		  PC DOLLARS FOR DOERS 1,000
    YOUNG MENS CHRISTIAN ASSOCIATION OF THE GREATER TWIN CITIES
    651 NICOLLET MALL STE 500
    MINNEAPOLIS,MN55402     		  PC DOLLARS FOR DOERS 1,000
    ZOOLOGICAL SOCIETY OF SIOUX FALLS GREAT PLAINS ZOO & MUSEUM
    805 S KIWANIS AVE
    SIOUX FALLS,SD571043716     		  PC DOLLARS FOR DOERS 1,000
    Total .................................bullet 3a 4,326,168
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2019)
    Form 990-PF (2019)
    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....     14 507,735  
    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 7,714  
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 1,585,620  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 0 2,101,069 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    2,101,069
    (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.)
    7 NOT APPLICABLE
    Form 990-PF (2019)
    Form 990-PF (2019)
    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 (2019)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description