-
TIN:
Form
990-PF
Department of the Treasury
Internal Revenue Service
Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
Do not enter social security numbers on this form as it may be made public.
Go to
www.irs.gov/Form990PF
for instructions and the latest information.
OMB No. 1545-0052
20
19
Open to Public Inspection
For calendar year 2019, or tax year beginning
01-01-2019
, and ending
12-31-2019
Name of foundation
JA WEDUM FOUNDATION
Number and street (or P.O. box number if mail is not delivered to street address)
2615 UNIVERSITY AVE SE
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
MINNEAPOLIS
,
MN
554143205
A Employer identification number
41-6025661
B
Telephone number (see instructions)
(612) 789-3363
C
If exemption application is pending, check here
G
Check all that apply:
Initial return
Initial return of a former public charity
Final return
Amended return
Address change
Name change
D 1.
Foreign organizations, check here.............
2
. Foreign organizations meeting the 85%
test, check here and attach computation ...
E
If private foundation status was terminated
under section 507(b)(1)(A), check here .......
H
Check type of organization:
Section 501(c)(3) exempt private foundation
Section 4947(a)(1) nonexempt charitable trust
Other taxable private foundation
F
If the foundation is in a 60-month termination
under section 507(b)(1)(B), check here .......
I
Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)
$
174,576,446
J
Accounting method:
Cash
Accrual
Other (specify)
(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)
1
Contributions, gifts, grants, etc., received (attach schedule)
2
Check
.............
3
Interest on savings and temporary cash investments
1,582,971
1,582,971
4
Dividends and interest from securities
...
5a
Gross rents
............
70,198
70,198
b
Net rental income or (loss)
70,198
6a
Net gain or (loss) from sale of assets not on line 10
29,042,283
b
Gross sales price for all assets on line 6a
54,322,680
7
Capital gain net income (from Part IV, line 2)
...
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)
.......
25,625,895
25,625,895
12
Total.
Add lines 1 through 11
........
56,321,347
1,653,169
25,625,895
13
Compensation of officers, directors, trustees, etc.
393,501
373,826
14
Other employee salaries and wages
......
159,962
151,964
15
Pension plans, employee benefits
.......
52,887
50,243
16a
Legal fees (attach schedule)
.........
850
b
Accounting fees (attach schedule)
.......
13,390
c
Other professional fees (attach schedule)
....
255,333
17
Interest
...............
2,148,179
2,148,179
18
Taxes (attach schedule) (see instructions)
...
19
Depreciation (attach schedule) and depletion
...
2,393,620
2,393,620
20
Occupancy
..............
14,030,983
13,993,010
36,074
21
Travel, conferences, and meetings
.......
22
Printing and publications
..........
23
Other expenses (attach schedule)
.......
1,797,463
1,697,071
95,372
24
Total operating and administrative expenses.
Add lines 13 through 23
..........
21,246,168
0
20,231,880
707,479
25
Contributions, gifts, grants paid
.......
1,358,037
1,358,037
26
Total expenses and disbursements.
Add lines 24 and 25
22,604,205
0
20,231,880
2,065,516
27
Subtract line 26 from line 12:
a
Excess of revenue over expenses and disbursements
33,717,142
b
Net investment income
(if negative, enter -0-)
1,653,169
c
Adjusted net income
(if negative, enter -0-)
...
5,394,015
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
1
Cash—non-interest-bearing
.............
2
Savings and temporary cash investments
.........
6,568,543
9,246,806
9,246,806
3
Accounts receivable
1,896,587
Less: allowance for doubtful accounts
2,438,948
1,896,587
1,896,587
4
Pledges receivable
Less: allowance for doubtful accounts
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)
Less: allowance for doubtful accounts
8
Inventories for sale or use
..............
9
Prepaid expenses and deferred charges
..........
227,620
67,908
67,908
10a
Investments—U.S. and state government obligations (attach schedule)
b
Investments—corporate stock (attach schedule)
.......
29,205,184
43,655,407
53,506,724
c
Investments—corporate bonds (attach schedule)
.......
426,260
1,379,673
1,456,946
11
Investments—land, buildings, and equipment: basis
Less: accumulated depreciation (attach schedule)
12
Investments—mortgage loans
.............
13
Investments—other (attach schedule)
..........
136,917
136,917
14
Land, buildings, and equipment: basis
84,860,224
Less: accumulated depreciation (attach schedule)
32,729,955
66,481,865
52,130,269
84,860,224
15
Other assets (describe
)
12,741,439
23,541,251
23,541,251
16
Total assets
(to be completed by all filers—see the
instructions. Also, see page 1, item I)
118,226,776
132,054,818
174,576,446
17
Accounts payable and accrued expenses
..........
1,505,507
4,578,477
18
Grants payable
.................
1,000,000
19
Deferred revenue
.................
20
Loans from officers, directors, trustees, and other disqualified persons
21
Mortgages and other notes payable (attach schedule)
......
71,223,121
49,526,283
22
Other liabilities (describe
)
1,498,951
1,234,064
23
Total liabilities
(add lines 17 through 22)
.........
75,227,579
55,338,824
Foundations that follow FASB ASC 958, check here
and complete lines 24, 25, 29 and 30.
24
Net assets without donor restrictions
...........
42,999,197
76,715,994
25
Net assets with donor restrictions
............
Foundations that do not follow FASB ASC 958, check here
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)
.....
42,999,197
76,715,994
30
Total liabilities and net assets/fund balances
(see instructions)
.
118,226,776
132,054,818
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
42,999,197
2
Enter amount from Part I, line 27a
.....................
2
33,717,142
3
Other increases not included in line 2 (itemize)
3
4
Add lines 1, 2, and 3
..........................
4
76,716,339
5
Decreases not included in line 2 (itemize)
5
345
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29
.
6
76,715,994
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.)
1a
b
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
b
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
b
c
d
e
2
Capital gain net income or (net capital loss)
If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7
2
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
...................
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?
Yes
No
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
1,588,271
39,870,186
0.039836
2017
3,605,473
35,275,814
0.102208
2016
856,072
28,501,801
0.030036
2015
1,237,395
23,394,963
0.052892
2014
2,365,252
21,796,497
0.108515
2
Total
of line 1, column (d)
.....................
2
0.333487
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
0.066697
4
Enter the net value of noncharitable-use assets for 2019 from Part X, line 5
......
4
53,519,781
5
Multiply line 4 by line 3
......................
5
3,569,609
6
Enter 1% of net investment income (1% of Part I, line 27b)
...........
6
16,532
7
Add lines 5 and 6
........................
7
3,586,141
8
Enter qualifying distributions from Part XII, line 4
,.............
8
2,065,516
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
and enter “N/A" on line 1.
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
33,063
here
and 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
3
Add lines 1 and 2
...........................
3
33,063
4
Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)
4
5
Tax based on investment income.
Subtract line 4 from line 3. If zero or less, enter -0-
.....
5
33,063
6
Credits/Payments:
a
2019 estimated tax payments and 2018 overpayment credited to 2019
6a
18,900
b
Exempt foreign organizations—tax withheld at source
......
6b
c
Tax paid with application for extension of time to file (Form 8868)
...
6c
30,826
d
Backup withholding erroneously withheld
...........
6d
7
Total credits and payments. Add lines 6a through 6d
..............
7
49,726
8
Enter any
penalty
for underpayment of estimated tax.
Check here
if Form 2220 is attached.
8
113
9
Tax due.
If the total of lines 5 and 8 is more than line 7, enter
amount owed
.......
9
10
Overpayment.
If line 7 is more than the total of lines 5 and 8, enter the
amount overpaid
...
10
16,550
11
Enter the amount of line 10 to be:
Credited to 2020 estimated tax
16,550
Refunded
11
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.
$
(2)
On foundation managers.
$
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.
$
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)
MN
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
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 address
WWW.WEDUMFOUNDATION.ORG
14
The books are in care of
JAY PORTZ
Telephone no.
(612) 789-3363
Located at
2537 UNIVERSITY AVE SE
MINNEAPOLIS
MN
ZIP+4
55414
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of
Form 1041
—check here
.........
and enter the amount of tax-exempt interest received or accrued during the year
........
15
16
At any time during calendar year 2019, did the foundation have an interest in or a signature or other authority over
Yes
No
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
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?
Yes
No
(2)
Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person?
......................
Yes
No
(3)
Furnish goods, services, or facilities to (or accept them from) a disqualified person?
Yes
No
(4)
Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
Yes
No
(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)?
...............
Yes
No
(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.)
.......
Yes
No
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
Organizations relying on a current notice regarding disaster assistance check here
........
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
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?
.............
Yes
No
If "Yes," list the years
20
,
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.
20
,
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?
......................
Yes
No
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))?
Yes
No
(2)
Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive?
.............
Yes
No
(3)
Provide a grant to an individual for travel, study, or other similar purposes?
Yes
No
(4)
Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions
................
Yes
No
(5)
Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals?
.....
Yes
No
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
Organizations relying on a current notice regarding disaster assistance check here
.........
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?
..........
Yes
No
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?
.....................
Yes
No
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?
Yes
No
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?
.................
Yes
No
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
DAVID KJOS
CHAIRMAN
2.00
16,500
0
0
2615 UNIVERSITY AVENUE SE
MINNEAPOLIS
,
MN
55414
DAYTON SOBY
SECRETARY
1.00
1,500
0
0
3545 DUNBAR KNOLL
BROOKLYN PARK
,
MN
55443
DANA WEDUM KENNELLY
BOARD MEMBER
1.00
1,500
0
0
4721 SPRING CIRCLE
MINNETONKA
,
MN
55345
DAWN DOWNS
BOARD MEMBER
1.00
1,500
0
0
9568 HW 20/26
CALDWELL
,
ID
83605
JOSEPH A RUSCHE
TREASURER
1.00
1,500
0
0
3050 METRO PARKWAY SUITE 200
MINNEAPOLIS
,
MN
55425
JAY PORTZ
PRESIDENT
40.00
359,001
0
0
2012 LONE OAK CIRCLE
ST CLOUD
,
MN
56301
MICHELE KELM-HELGEN
BOARD MEMBER
1.00
1,500
0
0
100 3RD AVE S 702
MINNEAPOLIS
,
MN
554012703
BRIAN MYRES
CHAIR ELECT
1.00
9,000
0
0
7491 86TH AVE SE
CLEAR LAKE
,
MN
55319
JON DAVIS
BOARD MEMBER
1.00
1,500
0
0
2615 UNIVERSITY AVE SE
MINNEAPOLIS
,
MN
554143205
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
KELLIE TESCH
OFFICE ADMIN
40.00
159,962
2615 UNIVERSITY AVE SE
MINNEAPOLIS
,
MN
55414
Total
number of other employees paid over $50,000
...................
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
.............
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
N/A
2
All other program-related investments. See instructions.
3
Total.
Add lines 1 through 3
.........................
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
44,409,554
b
Average of monthly cash balances
.......................
1b
9,788,332
c
Fair market value of all other assets (see instructions)
................
1c
136,917
d
Total
(add lines 1a, b, and c)
.........................
1d
54,334,803
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation)
.............
1e
2
Acquisition indebtedness applicable to line 1 assets
..................
2
3
Subtract line 2 from line 1d
.........................
3
54,334,803
4
Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
instructions)
.............................
4
815,022
5
Net value of noncharitable-use assets.
Subtract line 4 from line 3. Enter here and on Part V, line 4
5
53,519,781
6
Minimum investment return.
Enter 5% of line 5
..................
6
2,675,989
Part XI
Distributable Amount
(see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here
and do not complete this part.)
1
Minimum investment return from Part X, line 6
....................
1
2,675,989
2a
Tax on investment income for 2019 from Part VI, line 5
......
2a
33,063
b
Income tax for 2019. (This does not include the tax from Part VI.)
...
2b
c
Add lines 2a and 2b
............................
2c
33,063
3
Distributable amount before adjustments. Subtract line 2c from line 1
............
3
2,642,926
4
Recoveries of amounts treated as qualifying distributions
................
4
5
Add lines 3 and 4
............................
5
2,642,926
6
Deduction from distributable amount (see instructions)
.................
6
7
Distributable amount
as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1
...
7
2,642,926
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
2,065,516
b
Program-related investments—total from Part IX-B
..................
1b
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
2,065,516
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
6
Adjusted qualifying distributions.
Subtract line 5 from line 4
..............
6
2,065,516
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
2,642,926
2
Undistributed income, if any, as of the end of 2019:
a
Enter amount for 2018 only
.......
b
Total for prior years:
20
,
20
,
20
3
Excess distributions carryover, if any, to 2019:
a
From 2014
......
1,281,417
b
From 2015
......
75,687
c
From 2016
......
d
From 2017
......
1,856,286
e
From 2018
......
f
Total
of lines 3a through e
........
3,213,390
4
Qualifying distributions for 2019 from Part
XII, line 4:
$
2,065,516
a
Applied to 2018, but not more than line 2a
b
Applied to undistributed income of prior years
(Election required—see instructions)
.....
c
Treated as distributions out of corpus (Election
required—see instructions)
........
d
Applied to 2019 distributable amount
.....
2,065,516
e
Remaining amount distributed out of corpus
5
Excess distributions carryover applied to 2019.
577,410
577,410
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6
Enter the net total of each column as
indicated below:
a
Corpus. Add lines 3f, 4c, and 4e. Subtract line 5
2,635,980
b
Prior years’ undistributed income. Subtract
line 4b from line 2b
..........
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
......
d
Subtract line 6c from line 6b. Taxable amount
—see instructions
...........
e
Undistributed income for 2018. Subtract line
4a from line 2a. Taxable amount—see
instructions
.............
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)
.......
8
Excess distributions carryover from 2014 not
applied on line 5 or line 7 (see instructions)
...
704,007
9
Excess distributions carryover to 2020.
Subtract lines 7 and 8 from line 6a
......
1,931,973
10
Analysis of line 9:
a
Excess from 2015
....
75,687
b
Excess from 2016
....
c
Excess from 2017
....
1,856,286
d
Excess from 2018
....
e
Excess from 2019
....
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
.......
b
Check box to indicate whether the organization is a private operating foundation described in section
4942(j)(3)
or
4942(j)(5)
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.)
1
Information Regarding Foundation Managers:
a
List 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).)
b
List 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.
2
Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here
if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions
a
The name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
JAY PORTZ
2615 UNIVERSITY AVENUE
MINNEAPOLIS
,
MN
55414
(612) 789-3363
b
The form in which applications should be submitted and information and materials they should include:
RESUME OF ACADEMIC QUALIFICATIONS OR STANDARD GRANT APPL
c
Any submission deadlines:
NONE
d
Any restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
PREFERENCE IS GIVEN TO DONEE LOCATED IN ALEXANDRIA, MN AREA AND IN GEOGRAPHICAL MARKETS WHERE THE FOUNDATION OPERATES AND OWNS REAL ESTATE.
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)
a
Paid during the year
AIM HIGHER FOUNDATION
2610 UNIVERSITY AVE W
ST PAUL
,
MN
55114
EDUCATION
2,500
A CHANCE TO GROW INC
1800 NE 2ND ST
MINNEAPOLIS
,
MN
55418
SOIAL SERVICES
14,140
ALTERNATING HEMIPLEGIA OF CHILDHOOD
2000 TOWN CENTER 1900
SOUTHFIELD
,
MI
48075
HEALTH
30,000
ALEXANDRIA AREA YMCA
110 KARL DRIVE
ALEXANDRIA
,
MN
56308
HEALTH
10,000
ALEXANDRIA TECHNICAL COLLEGE
1601 JEFFERSON STREET
ALEXANDRIA
,
MN
56308
EDUCATION
7,000
ALEXANDRIA TECHNICAL COLLEGE FOUNDA
1601 JEFFERSON STREET
ALEXANDRIA
,
MN
56308
EDUCATION
33,597
ALLINA HOSPICE FOUNDATION
2925 CHICAGO AVENUE
MINNEAPOLIS
,
MN
55407
SOCIAL SERVICES
45,000
ALZHEIMER'S ASSOCIATION
4357 13TH AVE S
FARGO
,
ND
58103
HEALTH - ND CHAPTER
2,500
BELGRADE-BROOTEN-ELROSA HIGH SCHOOL
710 WASHBURN AVE
BELGRADE
,
MN
56312
EDUCATION
50,000
BEMIDJI STATE UNIVERSITY
1500 BIRCHMONT DRIVE NE
BEMIDJI
,
MN
566012699
EDUCATION
2,000
BENEVOLENCE DISCOUNTS
PROPERTIES
MINNEAPOLIS
,
MN
55401
DISCOUNTS
17,009
BETHEL UNIVERSITY
3900 BETHEL DRIVE
ST PAUL
,
MN
55122
EDUCATION
2,000
BOLDER OPTIONS
2100 STEVENS AVE 200
MINNEAPOLIS
,
MN
55404
EDUCATION
10,000
CAMPHILL VILLAGE MINNESOTA
15136 CELTIC DRIVE
SAUK CENTRE
,
MN
55378
SOCIAL SERVICES
1,400
CHASKA HIGH SCHOOL
545 PIONEER TRAIL
CHASKA
,
MN
55318
EDUCATION
30,000
CENTRAL MN BOY SCOUT COUNCIL
1191 SCOUT DR
SARTELL
,
MN
56377
EDUCATION
5,000
COMMUNITY EMERGENCY SERVICE
1900 11TH AVE S
MINNEAPOLIS
,
MN
55404
SOCIAL SERVICES
3,000
COMMUNITY GIVING
101 S 7TH ST STE 100
ST CLOUD
,
MN
56301
SOCIAL SERVICES
30,000
CONCORDIA COLLEGE
901 - 8TH STREET S
MOORHEAD
,
MN
56562
EDUCATION
4,500
CROSSLAKE AREA SENIOR SERVICES
11171 SWANBURG DR
PINE RIVER
,
MN
56474
HEALTH
2,000
DAKOTA WOODLANDS
3430 WESTCOTT WODLANDS
EAGAN
,
MN
55123
SOCIAL SERVICES
7,500
DAVID KETCHUM AMERICAN LEGION POST
DAVID KETCHUM AMERICAN LE
POST 115
KETCHUM
,
ID
83340
SOCIAL SERVICES
5,000
DISTRICT 742 LEAF
PO BOX 1132
ST CLOUD
,
MN
56301
EDUCATION
4,000
DODOMA TANZANIA HEALTH DEVELOPMENT
8085 WAYZATA BLVD
SUITE 203
GOLDEN VALLEY
,
MN
55426
HEALTH
3,000
FEEDING OUR COMMUNITIES PARTNERS
2120 HOWARD DR SUITE F
NORTH MANKATO
,
MN
56003
SOCIAL SERVICES
20,000
FERGUS AREA COLLEGE FOUNDATION INC
1414 COLLEGE WAY
FERGUS FALLS
,
MN
565371000
EDUCATION
15,000
FIFTY LAKES PROPERTY OWNERS ASSOCIA
40630 WEST FOX LAKE ROAD
FIFTY LAKES
,
MN
56448
CONSERVATION
2,000
GIVE KIDS THE WORLD INC
210 S BASS ROAD
KISSIMMEE
,
FL
34746
SOCIAL SERVICES
1,000
GRANT COUNTY SCHOOL DISTRICT
300 BIRCH AVE
ASHBY
,
MN
56309
EDUCATION
2,500
GREAT NICOLLET AREA COMMUNITY FOUND
PO BOX 416
NICOLLET
,
MN
56074
SOCIAL SERVICES
5,000
GREATER LAKE CITY COMMUNITY FOUNDAT
PO BOX 86
LAKE CITY
,
MN
55041
SOCIAL SERVICES
2,500
GREATER CROSSLAKE AREA COMM FOUND
35333 COUNTY ROAD 7
CROSSLAKE
,
MN
56442
SOCIAL SERVICES
2,500
GREATER ST CLOUD DEVELOPMENT CORPOR
501 W ST GERMAIN ST 100
ST CLOUD
,
MN
56301
SOCIAL SERVICES
1,000
GREATER ST CLOUD PUBLIC SAFETY FOUN
101 11TH AVE N
ST CLOUD
,
MN
56303
SOCIAL SERVICES
14,000
HARMON KILLEBREW-DANNY THOMPSON MEM
PO BOX 232
SUN VALLEY
,
ID
83353
HEALTH
10,000
HENNEPIN TECHNICAL COLLEGE
9000 BROOKLYN BLVD
BROOKLYN PARK
,
MN
55445
EDUCATION
1,000
HISTORY THEATER
30 10TH ST E
ST PAUL
,
MN
55101
CULTURAL
11,000
HOPE ACADEMY
2300 CHICAGO AVE
MINNEAPOLIS
,
MN
55404
EDUCATION
7,500
IDAHO FFA FOUNDATION INC
3401 WEST PINE AVENUE
MERIDIAN
,
ID
83642
EDUCATION
6,000
IOWA STATE UNIVERSITY
210 BEARDSEER HALL
AMES
,
IA
500112028
EDUCATION
1,000
IRINGA HOPE
PO BOX 21055
EAGAN
,
MN
55121
SOCIAL SERVICES
3,000
JERICHO ROAD MINISTRIES
1628 E 33RD ST
MINNEAPOLIS
,
MN
55407
SOCIAL SERVICES
3,000
LAKE AREA TECHNICAL INSTITUTE
1201 ARROW AVE NE
WATERTOWN
,
SD
57201
EDUCATION
1,000
LAKE LOWELL ANIMAL RESCUE INC
3313 W CHERRY LANE
MERIDIAN
,
ID
83642
SOCIAL SERVICES
4,000
LAKE VILLA SCHOOL DISTRICT 41
131 MCKINLEY AVE
LAKE VILLA
,
IL
60046
EDUCATION
2,500
LOVE INC OF DOUGLAS COUNTY LAKES A
803 N NOKOMIS ST STE 300
ALEXANDRIA
,
MN
56308
SOCIAL SERVICES
2,000
LUTHERAN SOCIAL SERVICE OF MN
2485 COMO AVE
ST PAUL
,
MN
55108
SOCIAL SERVICES
5,000
MINNESOTA LAKES MARITIME SOCIETY
205 3RD AVE W
ALEXANDRIA
,
MN
56308
SOCIAL SERVICES
10,000
MINNESOTA ZOO FOUNDATION
13000 ZOO BLVD
APPLE VALLEY
,
MN
55124
EDUCATION
2,500
MN LANDSCAPE ARBORETUM
3675 ARBORETUM DRIVE
CHASKA
,
MN
55318
SOCIAL SERVICES
5,000
MN STATE COMM & TECH COLLEGE
405 COLFAX AVENUE SW
WADENA
,
MN
56482
EDUCATION
500
MN STATE UNIVERSITY MOORHEAD
1104 SOUTH 7TH AVE
MOORHEAD
,
MN
56563
EDUCATION
2,000
NORTH DAKOTA STATE UNIVERSITY
1340 ADMINISTRATION AVE
FARGO
,
ND
58102
EDUCATION
7,000
NORTHLAND COMMUNITY AND TECHNICAL C
2022 CENTRAL AVE NE
EAST GRAND FORKS
,
MN
56721
EDUCATION
10,000
NORTHSTAR BOYS' CHOIR OF MN INC
13250 93RD AVE N
MAPLE GROVE
,
MN
55369
EDUCATION
2,000
OASIS FOR ORPHANS
PO BOX 1144
WHEATON
,
IL
60187
SOCIAL SERVICES
700
ONE HEARTLAND
2101 HENNEPIN AVE 200
MINNEAPOLIS
,
MN
55405
SOCIAL SERVICES
2,500
OPERATION GRACE MN
1769 LEXINGTON AVE N
STE 204
ROSEVILLE
,
MN
55113
SOCIAL SERVICES
3,600
PAWSITIVITY SERVICE DOGS
197 N GRIGGS ST
ST PAUL
,
MN
55104
SOCIAL SERVICES
5,000
PLAYWORKS MINNESOTA
2610 UNIVERSITY AVE W
SUITE 350
ST PAUL
,
MN
55114
SOCIAL SERVICES
1,000
PRESBYTERIAN HOMES
9889 PENN AVE S
BLOOMINGTON
,
MN
55431
SOCIAL SERVICES
1,000
PRESBYTERIAN HOMES & SERVICES
9889 PENN AVE S
BLOOMINGTON
,
MN
55431
SOCIAL SERVICES
7,000
RANDOLPH MACON COLLEGE
114 COLLEGE AVE
ASHLAND
,
VA
23005
EDUCATION
2,500
RIDGEWATER - WILLMAR CAMPUS
2101 15TH AVE NW
WILLMAR
,
MN
56201
EDUCATION
500
SAMARITAN PURSE
PO BOX 300 801 BAMBOO RD
BOONE
,
NC
28607
SOCIAL SERVICES
1,800
SHAKOPEE PUBLIC SCHOOLS
1200 TOWN SQUARE
SHAKOPEE
,
MN
55379
EDUCATION
1,500
SMILE NETWORK INTERNATIONAL
108 W 14TH ST
MINNEAPOLIS
,
MN
55403
SOCIAL SERVICES
11,000
SOUTH HAMILTON SCHOOL DISTRICT FOUN
315 DIVISION ST
JEWELL
,
IA
50130
EDUCATION
500
ST CATHERINE UNIVERSITY
2004 RANDOLPH AVE
ST PAUL
,
MN
55105
EDUCATION
1,000
ST CLOUD AAUW
500 DIVISION STREET
WAITE PARK
,
MN
56387
SOCIAL SERVICES
1,000
ST CLOUD ROTARY CLUB
404 W ST GERMAIN ST
ST CLOUD
,
MN
56301
SOCIAL SERVICES
2,000
ST CLOUD STATE UNIVERSITY
720 4TH AVE S
ST CLOUD
,
MN
56301
EDUCATION
205,261
ST OLAF COLLEGE
1500 ST OLAF AVE
NORTHFIELD
,
MN
55057
EDUCATION
1,000
STORY CITY GREATER COMMUNITY CONGRE
1300 N NORTHLAKE WAY
SUITE 200
SEATTLE
,
WA
98103
EDUCATION
7,500
TEREBINTH REFUGE
110 2ND ST S
STE 231
WAITE PARK
,
MN
56387
SOCIAL SERVICES
1,000
THE FAMILY PARTNERSHIP
4123 E LAKE ST
MINNEAPOLIS
,
MN
55406
SOCIAL SERVICES
4,000
THE WRITTEN GIFT
PO BOX 605
ALEXANDRIA
,
MN
56308
HEALTH
1,000
UNIVERSITY OF MINNESOTA DULUTH
1049 UNIVERSITY DR
DULUTH
,
MN
55812
EDUCATION
3,500
UNIVERSITY OF MINNESOTA FOUNDATION
200 FRASER HALL
106 PLEASANT STREET
MINNEAPOLIS
,
MN
55455
EDUCATION
515,030
UNIVERSITY OF MINNESOTA MORRIS
600 E 4TH ST
MORRIS
,
MN
56267
EDUCATION
3,500
UNIVERSITY OF WI - MADISON
702 W JOHNSON ST 1101
MADISON
,
WI
53715
EDUCATION
1,000
UNIVERSITY OF WI-LACROSSE FOUNDATIO
1725 STATE STREET
LACROSSE
,
WI
54601
EDUCATION
5,000
VETERANS HONOR FLIGHT OF NDMN
PO BOX 644
WEST FARGO
,
ND
58078
SOCIAL SERVICES
5,000
VETERAN'S MEMORIAL PARK
1102 3RD AVENUE EAST
ALEXANDRIA
,
MN
56308
SOCIAL SERVICES
75,000
WACOSA
310 SUNDIAL DR
WAITE PARK
,
MN
56387
SOCIAL SERVICES
4,000
WEST 7TH FORT ROAD FOUNDATION
882 7TH ST W
SUITE 6
SAINT PAUL
,
MN
55102
SOCIAL SERVICES
1,000
Total
.................................
3a
1,358,037
b
Approved for future payment
Total
.................................
3b
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.)
1
Program service revenue:
(a)
Business code
(b)
Amount
(c)
Exclusion code
(d)
Amount
a
SHOREWOOD CAMPUS
16
6,927,753
b
U VILLAGE
16
1,028,956
c
CMSH
16
9,233,052
d
LEXINGTON
16
e
COBORN PLAZA
16
4,956,282
f
g
Fees and contracts from government agencies
2
Membership dues and assessments
....
3
Interest on savings and temporary cash
investments
...........
14
1,582,971
4
Dividends and interest from securities
....
5
Net rental income or (loss) from real estate:
a
Debt-financed property
......
b
Not debt-financed property
.....
16
70,198
6
Net rental income or (loss) from personal property
7
Other investment income
.....
8
Gain or (loss) from sales of assets other than
inventory
............
29,042,283
9
Net income or (loss) from special events:
10
Gross profit or (loss) from sales of inventory
11
Other revenue:
a
COBORN PLAZA MISC REVENUE
16
11,533
b
SHOREWOOD CAMPUS MISC. REV.
16
448,853
c
U VILLAGE MISC. REV.
16
19,002
d
CMSH MISC. REV.
16
2,994,472
e
FOUNDATION MISC REV
16
5,992
12
Subtotal. Add columns (b), (d), and (e)
..
27,279,064
29,042,283
13
Total.
Add line 12, columns (b), (d), and (e)
..................
13
56,321,347
(See worksheet in line 13 instructions to verify calculations.)
Part XVI-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
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
(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?
...........
Yes
No
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.
May the IRS discuss this return
with the preparer shown below
(see instr.)
Yes
No
Signature of officer or trustee
Date
Title
Paid Preparer Use Only
Print/Type preparer's name
Preparer's Signature
Date
Check if self-
employed
PTIN
Firm's name
Firm's EIN
Firm's address
Phone no.
Form
990-PF
(2019)
Additional Data
Software ID:
Software Version:
Form 990PF - Special Condition Description:
Special Condition Description