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
NORTHWEST AREA FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)60 PLATO BOULEVARD EAST NO 400
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
ST PAUL, MN55107
A Employer identification number

41-0719221
B Telephone number (see instructions)

(651) 224-9635
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$476,449,216J 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) 617,000
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 6,443,319 10,239,377  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 7,826,902
b Gross sales price for all assets on line 6a 148,226,020
7 Capital gain net income (from Part IV, line 2)... 13,133,640
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 182,040 1,833,113  
12 Total. Add lines 1 through 11........ 15,069,261 25,206,130  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 940,474 88,778   851,696
14 Other employee salaries and wages...... 2,434,228 254,665   2,074,304
15 Pension plans, employee benefits....... 1,028,361 79,288   949,073
16a Legal fees (attach schedule)......... Click to see attachment 89,803 52,661   37,975
b Accounting fees (attach schedule)....... Click to see attachment 49,947 0   49,947
c Other professional fees (attach schedule).... Click to see attachment 6,682,324 1,204,441   566,925
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 935,935 199,922   0
19 Depreciation (attach schedule) and depletion... 100,153 0  
20 Occupancy.............. 495,929 0   528,190
21 Travel, conferences, and meetings....... 316,674 27,103   265,032
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 770,741 5,081,548   543,804
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 13,844,569 6,988,406   5,866,946
25 Contributions, gifts, grants paid....... 16,261,417 16,564,140
26 Total expenses and disbursements. Add lines 24 and 25 30,105,986 6,988,406   22,431,086
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -15,036,725
b Net investment income (if negative, enter -0-) 18,217,724
c Adjusted net income (if negative, enter -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............. 316,234    
2 Savings and temporary cash investments......... 1,707,036 1,511,086 1,511,086
3 Accounts receivable bullet1,390
Less: allowance for doubtful accounts bullet   10,853 1,390 1,390
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable................. 575,000 200,000 200,000
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.......... 169,257 145,279 145,279
10a Investments—U.S. and state government obligations (attach schedule) 2,246,874 0 0
b Investments—corporate stock (attach schedule)....... 246,378,427 Click to see attachment275,704,100 275,704,100
c Investments—corporate bonds (attach schedule)....... 73,379,568 Click to see attachment71,991,181 71,991,181
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 95,830,030 Click to see attachment111,444,944 111,444,944
14 Land, buildings, and equipment: basis bullet3,414,444
Less: accumulated depreciation (attach schedule) bullet2,988,989 495,524 Click to see attachment425,455 425,455
15 Other assets (describe bullet) Click to see attachment9,486,098 Click to see attachment15,025,781 Click to see attachment15,025,781
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 430,594,901 476,449,216 476,449,216
Liabilities 17 Accounts payable and accrued expenses.......... 468,345 529,451
18 Grants payable................. 7,026,432 6,397,110
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) Click to see attachment1,275,131 Click to see attachment2,166,762
23 Total liabilities (add lines 17 through 22)......... 8,769,908 9,093,323
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........... 411,500,699 457,031,599
25 Net assets with donor restrictions............ 10,324,294 10,324,294
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)..... 421,824,993 467,355,893
30 Total liabilities and net assets/fund balances (see instructions). 430,594,901 476,449,216
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
421,824,993
2
Enter amount from Part I, line 27a .....................
2
-15,036,725
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
60,567,625
4
Add lines 1, 2, and 3 ..........................
4
467,355,893
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
467,355,893
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 WELLS FARGO      
b TIPS      
c GLOBAL FIXED INCOME      
d WELLINGTON      
e ADAMS STREET      
FOF HEDGE FUNDS      
PRIVATE EQUITY      
DEV. INTERNATIONAL EQUITY      
REAL ASSETS      
GLOBAL EQUITY      
ADAGE      
CREDIT      
DIVERSIFYING STRATEGIES      
FIXED INCOME      
PRIVATE REAL ASSETS      
HCAP PARTNERS      
EMERGING MARKET EQUITY      
FULLER & THALER      
PARAMETRIC      
GLOBAL CREDIT      
CAPITAL GAINS FROM PARTNERSHIP INVESTMENT K-1S      
(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 21,626     21,626
b 841,047   809,051 31,996
c 2,000,000   1,879,018 120,982
d 5,500,000   6,106,484 -606,484
e 21,741,248   21,575,660 165,588
643,261   827,608 -184,347
297,435     297,435
3,748,408   2,803,025 945,383
5,790,781   5,382,689 408,092
6,703,951   4,736,328 1,967,623
3,000,000   3,000,000 0
6,763,523   5,922,322 841,201
15,888,970   17,175,920 -1,286,950
2,502,552   2,517,100 -14,548
2,115,946   1,768,756 347,190
140,209     140,209
4,849,156   4,780,866 68,290
9,551,252   9,833,629 -282,377
56,126,655   51,276,570 4,850,085
    4,092 -4,092
      5,306,738
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       21,626
b       31,996
c       120,982
d       -606,484
e       165,588
      -184,347
      297,435
      945,383
      408,092
      1,967,623
      0
      841,201
      -1,286,950
      -14,548
      347,190
      140,209
      68,290
      -282,377
      4,850,085
      -4,092
      5,306,738
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 13,133,640
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 25,638,969 451,559,900 0.056779
2017 24,411,451 431,682,236 0.056550
2016 22,923,841 405,056,273 0.056594
2015 21,481,933 426,961,285 0.050314
2014 21,729,135 447,258,459 0.048583
2
Total of line 1, column (d) .....................
2
0.268820
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
0.053764
4
Enter the net value of noncharitable-use assets for 2019 from Part X, line 5......
4
439,910,271
5
Multiply line 4 by line 3......................
5
23,651,336
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
182,177
7
Add lines 5 and 6........................
7
23,833,513
8
Enter qualifying distributions from Part XII, line 4,.............
8
26,536,170
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 1 182,177
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........................... 3 182,177
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- ..... 5 182,177
6 Credits/Payments:
a 2019 estimated tax payments and 2018 overpayment credited to 2019 6a 506,842
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 506,842
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 10 324,665
11 Enter the amount of line 10 to be: Credited to 2020 estimated taxBullet324,665 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
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
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 addressbulletWWW.NWAF.ORG
    14
    The books are in care ofbulletTHE ORGANIZATION Telephone no.bullet (651) 224-9635

    Located atbullet60 PLATO BOULEVARD EAST NO 400ST PAULMN ZIP+4bullet55107
    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
    Yes
     
    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
    Yes
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d). Click to see attachment
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    LYNDA BOURQUE MOSS DIRECTOR
    3.00     		26,837 0 0
    C/O NORTHWEST AREA FOUNDATION 60
    PLATO BLVD 400
    ST PAUL,MN55107
    ELISABETH BUCK DIRECTOR
    3.00     		20,550 0 0
    C/O NORTHWEST AREA FOUNDATION 60
    PLATO BLVD 400
    ST PAUL,MN55107
    CHERIE BUCKNER-WEBB DIRECTOR
    3.00     		0 0 0
    C/O NORTHWEST AREA FOUNDATION 60
    PLATO BLVD 400
    ST PAUL,MN55107
    DUANE CARTER DIRECTOR
    3.00     		21,700 0 0
    C/O NORTHWEST AREA FOUNDATION 60
    PLATO BLVD 400
    ST PAUL,MN55107
    ZACH DUCHENEAUX DIRECTOR
    3.00     		23,738 0 0
    C/O NORTHWEST AREA FOUNDATION 60
    PLATO BLVD 400
    ST PAUL,MN55107
    LIBBY HLAVKA DIRECTOR
    3.00     		16,150 0 0
    C/O NORTHWEST AREA FOUNDATION 60
    PLATO BLVD 400
    ST PAUL,MN55107
    RODNEY JORDAN DIRECTOR
    3.00     		20,525 0 0
    C/O NORTHWEST AREA FOUNDATION 60
    PLATO BLVD 400
    ST PAUL,MN55107
    JAMES LADUCER DIRECTOR
    3.00     		16,675 0 0
    C/O NORTHWEST AREA FOUNDATION 60
    PLATO BLVD 400
    ST PAUL,MN55107
    JOYCE LEE DIRECTOR
    3.00     		16,150 0 0
    C/O NORTHWEST AREA FOUNDATION 60
    PLATO BLVD 400
    ST PAUL,MN55107
    MICHELLE OSBORNE DIRECTOR
    3.00     		19,900 0 0
    C/O NORTHWEST AREA FOUNDATION 60
    PLATO BLVD 400
    ST PAUL,MN55107
    GEORGINA SLADE DIRECTOR
    3.00     		16,400 0 0
    C/O NORTHWEST AREA FOUNDATION 60
    PLATO BLVD 400
    ST PAUL,MN55107
    NICHOLAS SLADE DIRECTOR
    0.10     		250 0 0
    C/O NORTHWEST AREA FOUNDATION 60
    PLATO BLVD 400
    ST PAUL,MN55107
    LARRY SNYDER DIRECTOR
    3.00     		17,600 0 0
    C/O NORTHWEST AREA FOUNDATION 60
    PLATO BLVD 400
    ST PAUL,MN55107
    MARIA VALANDRA DIRECTOR
    3.00     		18,200 0 0
    C/O NORTHWEST AREA FOUNDATION 60
    PLATO BLVD 400
    ST PAUL,MN55107
    NICK WALROD DIRECTOR
    0.10     		250 0 0
    C/O NORTHWEST AREA FOUNDATION 60
    PLATO BLVD 400
    ST PAUL,MN55107
    JENNIFER WILLIAMS DIRECTOR
    3.00     		16,150 0 0
    C/O NORTHWEST AREA FOUNDATION 60
    PLATO BLVD 400
    ST PAUL,MN55107
    JOSEPH BARSKY NON-DIRECTOR COMMITTEE MEM
    1.00     		2,400 0 0
    C/O NORTHWEST AREA FOUNDATION 60
    PLATO BLVD 400
    ST PAUL,MN55107
    ROBERT DIEDRICH NON-DIRECTOR COMMITTEE MEM
    1.00     		0 0 0
    C/O NORTHWEST AREA FOUNDATION 60
    PLATO BLVD 400
    ST PAUL,MN55107
    ANGIE GORDER NON-DIRECTOR COMMITTEE MEM
    1.00     		0 0 0
    C/O NORTHWEST AREA FOUNDATION 60
    PLATO BLVD 400
    ST PAUL,MN55107
    MELISSA PELLAND NON-DIRECTOR COMMITTEE MEM
    1.00     		0 0 0
    C/O NORTHWEST AREA FOUNDATION 60
    PLATO BLVD 400
    ST PAUL,MN55107
    KEVIN WALKER PRESIDENT & SECRETARY
    40.00     		427,481 63,766 0
    C/O NORTHWEST AREA FOUNDATION 60
    PLATO BLVD 400
    ST PAUL,MN55107
    MILOSAVA ACAMOVIC VP OF FINANCE & ADMIN/CFO
    40.00     		259,518 64,421 0
    C/O NORTHWEST AREA FOUNDATION 60
    PLATO BLVD 400
    ST PAUL,MN55107
    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
    AMY JENSEN INVESTMENT DIRECTOR
    40.00     		205,572 35,380 0
    60 PLATO BLVD 400
    ST PAUL,MN55107
    KARLA MILLER PROGRAM DIRECTOR
    40.00     		180,162 50,153 0
    60 PLATO BLVD 400
    ST PAUL,MN55107
    PAUL BACHLEITNER COMMUNICATIONS DIREC
    40.00     		152,915 33,753 0
    60 PLATO BLVD 400
    ST PAUL,MN55107
    ANN NAITHANI DIRECTOR OF ORG EFFE
    40.00     		128,867 44,247 0
    60 PLATO BLVD 400
    ST PAUL,MN55107
    CHRISTIANNE LIND PROGRAM OFFICER
    40.00     		127,446 19,615 0
    60 PLATO BLVD 400
    ST PAUL,MN55107
    Total number of other employees paid over $50,000...................bullet 16
    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
    NEPC LLC INVESTMENT CONSULTING 310,208
    255 STATE STREET
    BOSTON,MA02109
    AL NYGARD CONSULTING CONSULTING/PROFESSIONAL SERVICES 135,748
    826 N 6TH STREET
    BISMARCK,ND58501
    FAEGRE BAKER DANIELS LLP LEGAL/PROFESSIONAL SERVICES 99,228
    90 SOUTH 7TH STREET
    MINNEAPOLIS,MN55402
    BOWMAN PERFORMANCE CONSULTING CONSULTING/PROFESSIONAL SERVICES 90,704
    W7023 EDGEWATER ROAD
    SHAWANO,WI54166
    EVOLOGY CONSULTING/PROFESSIONAL SERVICES 86,710
    1600 WEST LAKE STREET SUITE 127
    MINNEAPOLIS,MN55408
    Total number of others receiving over $50,000 for professional services.............bullet4
    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 WE SUPPORT EFFORTS OF PEOPLE WITH LOW INCOME IN OUR REGION OF EIGHT STATES AND 76 NATIVE NATIONS TO OVERCOME BARRIERS TO BUILDING ASSETS AND BECOMING MORE PROSPEROUS. WE MAKE GRANTS, SPONSOR MEETINGS, AND ISSUE STRATEGIC COMMUNICATIONS THAT HELP BUILD MORE EQUITABLE ECONOMIES, WHERE PROSPERITY IS DEFINED BY LOCAL COMMUNITIES AND SHARED BY ALL, WITH GOOD JOBS, THRIVING BUSINESSES, AND VIBRANT CULTURES. THROUGH GRANTMAKING AND MISSION INVESTMENTS, OUR FUNDING FOCUSES ON ONE OR MORE OF THE FOLLOWING FOUR PORTFOLIOS: OPENING ACCESS TO CAPITAL, EXPANDING WORK OPPORTUNITY, SUPPORTING ENTERPRISE DEVELOPMENT, AND PROMOTING FINANCIAL INCLUSION. OUR FUNDING ALSO SUPPORTS INFRASTRUCTURE, IDEA INCUBATION, AND RESEARCH.OUR GRANTEES PROVIDE KNOWLEDGE, TOOLS, TRAINING, AND OTHER SERVICES THAT ALLOW PEOPLE TO REDEFINE AND REACH SUCCESS ON THEIR OWN TERMS. WE LISTEN TO GRANTEES, LEARN ABOUT THEIR COMMUNITIES' STRENGTHS AND STRUGGLES, AND LEAD BY LIFTING UP IDEAS AND GREAT WORK ALREADY BEING DONE. 3,164,707
    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 NEIGHBORHOOD DEVELOPMENT CENTER - CAPITAL CAMPAIGN BRIDGE LOAN 1,000,000
    2 METROPOLITAN ECONOMIC DEVELOPMENT ASSOCIATION - SUPPORTING MINORITY-OWNED BUSINESSES TO BUILD WEALTH AND ASSETS IN DIVERSE LOW-INCOME COMMUNITIES ACROSS MINNESOTA 1,000,000
    All other program-related investments. See instructions.
    3 Click to see attachment 2,075,000
    Total. Add lines 1 through 3.........................bullet4,075,000
    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
    446,216,785
    b
    Average of monthly cash balances.......................
    1b
    392,627
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    446,609,412
    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
    446,609,412
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    6,699,141
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    439,910,271
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    21,995,514
    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
    21,995,514
    2a
    Tax on investment income for 2019 from Part VI, line 5......
    2a
    182,177
    b
    Income tax for 2019. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    182,177
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    21,813,337
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    324,953
    5
    Add lines 3 and 4............................
    5
    22,138,290
    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
    22,138,290
    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
    22,431,086
    b
    Program-related investments—total from Part IX-B..................
    1b
    4,075,000
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
    30,084
    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
    26,536,170
    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
    182,177
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    26,353,993
    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 22,138,290
    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......  
    b From 2015......  
    c From 2016......  
    d From 2017...... 1,586,268
    e From 2018...... 3,596,795
    fTotal of lines 3a through e........ 5,183,063
    4Qualifying distributions for 2019 from Part
    XII, line 4: bullet$ 26,536,170
    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..... 22,138,290
    e Remaining amount distributed out of corpus 4,397,880
    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 9,580,943
    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) ...     		0
    9Excess distributions carryover to 2020.
    Subtract lines 7 and 8 from line 6a ......     		9,580,943
    10 Analysis of line 9:
    a Excess from 2015....  
    b Excess from 2016....  
    c Excess from 2017.... 1,586,268
    d Excess from 2018.... 3,596,795
    e Excess from 2019.... 4,397,880
    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 email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (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
    AFFILIATED TRIBES OF NORTHWEST INDIANS - ECONOMIC DEVELOPMENT CORP
    9836 EAST BURNSIDE STREET
    PORTLAND,OR97216     		N/A PC BUILDING SUSTAINABLE ORGANIZATIONAL GROWTH 70,000
    AFRICAN ECONOMIC DEVELOPMENT SOLUTIONS
    1821 UNIVERSITY AVENUE WEST SUITE
    S-145
    ST PAUL,MN55104     		N/A PC MICROENTERPRISE SUPPORT SERVICE AND UPWARD MOBILITY 200,000
    AMERICAN FRIENDS SERVICE COMMITTEE
    1501 CHERRY STREET
    PHILADELPHIA,PA19102     		N/A PC IOWA IMMIGRANT RIGHTS PROGRAM 25,000
    AMERICAN INDIAN BUSINESS ALLIANCE INC
    3315 UNIVERSITY DRIVE BUILDING 1B
    BISMARCK,ND585047596     		N/A PC GROWING NATIVE AMERICAN ENTREPRENEURS AND ENTERPRISES 75,000
    AMERICAN INDIAN COLLEGE FUND
    8333 GREENWOOD BLVD
    DENVER,CO80221     		N/A PC STRENGTHENING WORKFORCE OPPORTUNITIES AND FIRST-GENERATION WORKERS ACROSS INDIAN COUNTRY 400,000
    AMERICAN INDIAN SCIENCE AND ENGINEERING SOCIETY
    4263 MONTGOMERY BLVD NE SUITE 200
    ALBUQUERQUE,NM87109     		N/A PC COLLEGE AND CAREER READINESS IN STEM 150,000
    APPETITE FOR CHANGE INC
    1200 W BROADWAY AVE 180
    MINNEAPOLIS,MN55411     		N/A PC BUILDING COMMUNITY AND ECONOMIC GROWTH THROUGH FOOD 100,000
    ASIAN AMERICAN-PACIFIC ISLANDERS IN PHILANTHROPY
    300 FRANK H OGAWA PLAZA SUITE 256
    OAKLAND,CA94612     		N/A PC 2019 MEMBERSHIP DUES 2,500
    ASSET FUNDERS NETWORK
    2045 W GRAND AVE SUITE B 50387
    CHICAGO,IL60612     		N/A PC 2019 MEMBERSHIP DUES 5,000
    ASSOCIATION FOR BLACK ECONOMIC POWER
    227 COLFAX AVE N
    MINNEAPOLIS,MN55405     		N/A PC IT TAKES A VILLAGE: BLACK LIBERATION THROUGH COOPERATIVE RENAISSANCE 50,000
    ASSOCIATION OF BLACK FOUNDATION EXECUTIVES INC
    42 BROADWAY FLOOR 20 SUITE 2000
    NEW YORK,NY10004     		N/A PC 2019 MEMBERSHIP DUES 5,000
    BII GII WIIN COMMUNITY DEVELOPMENT LOAN FUND
    1113 EAST FRANKLIN AVENUE SUITE 200
    MINNEAPOLIS,MN55404     		N/A PC BUSINESS LAB, LENDING AND CAPACITY BUILDING 50,000
    BII GII WIIN COMMUNITY DEVELOPMENT LOAN FUND
    1113 EAST FRANKLIN AVENUE SUITE 200
    MINNEAPOLIS,MN55404     		N/A PC FUELING NATIVE ECONOMIC DEVELOPMENT 17,000
    BOARDSOURCE
    750 9TH STREET NW
    WASHINGTON,DC200014793     		N/A PC FOUNDATION MEMBERSHIP 20,000
    BOYS & GIRLS CLUBS OF AMERICA
    1275 PEACHTREE ST
    ATLANTA,GA30309     		N/A PC OPPORTUNITIES FOR THRIVING NATIVE YOUTH 400,000
    BUILD WEALTH MN INC
    2100 PLYMOUTH AVE N SUITE 104
    MINNEAPOLIS,MN55411     		N/A PC PATHWAYS TO FINANCIAL INCLUSION 250,000
    BYRD BARR PLACE
    722 18TH AVENUE
    SEATTLE,WA98122     		N/A PC ADVANCING ECONOMIC MOBILITY IN WASHINGTON STATE 500,000
    CAPI USA
    5930 BROOKLYN BOULEVARD
    BROOKLYN CENTER,MN55429     		N/A PC ECONOMIC EMPOWERMENT SERVICES 100,000
    CENTER FOR ECONOMIC INCLUSION
    1015 NORTH 4TH AVENUE SUITE 202
    MINNEAPOLIS,MN55405     		N/A PC POWERING INCLUSION: 2019 ANNUAL SUMMIT AND SPEAKER SERIES SPONSORSHIP 5,000
    CENTER POLE
    PO BOX 71
    GARRYOWEN,MT59031     		N/A PC SOCIAL ENTERPRISE EXPANSION PROJECT (PHASE 2) 75,000
    CHEYENNE RIVER YOUTH PROJECT
    PO BOX 410 EAST LINCOLN STREET
    EAGLE BUTTE,SD57625     		N/A PC GROWING SEVENTH GENERATION LEADERS 100,000
    CHIEF SEATTLE CLUB
    410 2ND AVENUE EXTENSION SOUTH
    SEATTLE,WA98104     		N/A PC NATIVE WORKS 50,000
    COEUR D'ALENE TRIBE DEPARTMENT OF EDUCATION
    850 A STREET PO BOX 408
    PLUMMER,ID83851     		N/A GOV EVALUATION TECHNICAL ASSISTANCE 20,000
    COLLEGE POSSIBLE
    540 FAIRVIEW AVENUE NORTH SUITE 304
    ST PAUL,MN55104     		N/A PC VICE PRESIDENTIAL GRANT 7,500
    COMMUNITY LENDINGWORKS
    212 MAIN STREET
    SPRINGFIELD,OR97477     		N/A SO CAPACITY BUILDING INITIATIVE 100,000
    COMMUNITY OPPORTUNITIES INC
    23751 HIGHWAY 30
    CARROLL,IA51401     		N/A PC PATHWAYS TO FINANCIAL INCLUSION 103,877
    COMUNIDADES LATINAS UNIDAS EN SERVICIO (CLUES)
    797 EAST 7TH STREET
    ST PAUL,MN55106     		N/A PC ECONOMIC VITALITY 150,000
    CONFEDERATED TRIBES OF UMATILLA INDIAN RESERVATION
    46411 TIMINE WAY
    PENDLETON,OR97801     		N/A GOV IMPLEMENTATION OF THE UMATILLA TRIBES CDFI 75,000
    COUNCIL ON FOUNDATIONS INC
    1255 23RD STREET NW SUITE 200
    WASHINGTON,DC20037     		N/A PC 2019 ANNUAL MEMBERSHIP DUES 21,600
    CRADLE OF HOPE
    1970 OAKCREST AVENUE SUITE 104
    ROSEVILLE,MN55113     		N/A PC STAFF SERVICE DAY TEAM DISCRETIONARY GRANT 5,000
    CRAFT3
    42 7TH ST STE 100
    ASTORIA,OR97103     		N/A PC UPLIFT AMERICA FUND (UNRESTRICTED NET ASSETS AND OPERATING GRANTS FOR NATIVE CDFIS AND NATIVE CFRP PROJECTS) 35,000
    DAKOTA RESOURCES
    25795 475TH AVENUE
    RENNER,SD570556547     		N/A PC UPLIFT AMERICA FUND (UNRESTRICTED NET ASSETS FOR CFRP PROJECTS) 96,350
    DREAM OF WILD HEALTH
    1308 EAST FRANKLIN AVENUE SUITE 203
    MINNEAPOLIS,MN55404     		N/A PC REBUILDING AN INDIGENOUS FOOD SYSTEM 100,000
    DUWAMISH TRIBAL SERVICES INC
    4717 W MARGINAL WAY SW
    SEATTLE,WA98106     		N/A PC SPONSORSHIP OF 10TH ANNIVERSARY GALA LUNCH AND NATIVE ART AUCTION 10,000
    FIRST NATIONS DEVELOPMENT INSTITUTE
    2432 MAIN STREET 2ND FLOOR
    LONGMONT,CO80501     		N/A PC SPONSORSHIP OF 2019 NATIVE AMERICAN PROGRAM OFFICERS GATHERING 5,000
    FIRST NATIONS OWEESTA CORPORATION
    2432 MAIN ST
    LONGMONT,CO80501     		N/A PC NATIVE CDFI CAPITALIZATION: NETWORKING FOR INVESTMENT 550,213
    FIRST PEOPLES FUND
    706 WEST BOULEVARD
    RAPID CITY,SD57701     		N/A PC GROWING AND STRENGTHENING THE INDIGENOUS ARTS ECOLOGY 225,000
    FOUR BANDS COMMUNITY FUND INC
    101 SOUTH MAIN STREET
    EAGLE BUTTE,SD57625     		N/A PC GENERAL OPERATING SUPPORT - CULTIVATING OUR PLACE TO GROW 50,000
    FRIENDS OF BARBARA SCHNEIDER FOUNDATION
    3400 DUPONT AVENUE SOUTH
    MINNEAPOLIS,MN55408     		N/A PC FISCAL SPONSOR OF MNI KI WAKAN (WATER IS SACRED): WORLD INDIGENOUS PEOPLES DECADE OF WATER 20,000
    FUNDERS FOR LESBIAN AND GAY ISSUES
    45 WEST 36TH STREET 8TH FLOOR
    NEW YORK,NY10018     		N/A PC 2019 ANNUAL MEMBERSHIP DUES 5,000
    GIRL SCOUTS OF MINNESOTA AND WISCONSIN RIVER VALLEYS INC
    400 SOUTH ROBERT STREET
    ST PAUL,MN55107     		N/A PC WOMEN OF DISTINCTION 2019 CHANGE THE WORLD EVENT SPONSORSHIP 7,500
    GRANTMAKERS CONCERNED WITH IMMIGRANTS AND REFUGEES
    PO BOX 1100
    SEBASTOPOL,CA95473     		N/A PC 2019 ANNUAL MEMBERSHIP DUES 7,500
    GRANTMAKERS FOR EFFECTIVE ORGANIZATIONS
    1310 L STREET NW SUITE 650
    WASHINGTON,DC20005     		N/A PC 2019 ANNUAL MEMBERSHIP DUES 7,390
    GRANTMAKERS OF OREGON AND S W WASHINGTON
    921 SW WASHINGTON ST
    PORTLAND,OR97205     		N/A PC 2019 ANNUAL MEMBERSHIP DUES 3,620
    HISPANICS IN PHILANTHROPY
    414 13TH STREET SUITE 200
    OAKLAND,CA94612     		N/A PC 2019 ANNUAL MEMBERSHIP DUES 5,000
    HMONG AMERICAN FARMERS ASSOCIATION
    149 THOMPSON AVE EAST
    WEST ST PAUL,MN55118     		N/A PC ENSURING STABLE AND STEADY LEADERSHIP WHILE GREAT CHANGE IS HAPPENING 50,000
    HMONG AMERICAN PARTNERSHIP
    1075 ARCADE STREET
    ST PAUL,MN55106     		N/A PC BUILDING ECONOMIC PROSPERITY FOR HMONG MINNESOTANS: A 10-YEAR PLAN TOWARDS PROSPERITY 400,000
    HOMES OF OAKRIDGE HUMAN SERVICES
    1236 OAKRIDGE DRIVE
    DES MOINES,IA50314     		N/A PC TRANSITIONS - 2 GEN PROJECT 75,000
    HOMESIGHT
    5117 RAINIER AVENUE S
    SEATTLE,WA98118     		N/A PC THE OPPORTUNITY CENTER AT OTHELLO SQUARE 300,000
    HONOR THE EARTH
    607 MAIN AVENUE
    CALLAWAY,MN56521     		N/A PC AKIING 8TH FIRE TRIBAL COMMUNITY DEVELOPMENT INITIATIVE 100,000
    IDAHO COMMUNITY FOUNDATION
    210 WEST STATE STREET
    BOISE,ID83702     		N/A PC CENSUS 2020: ENSURING A FAIR AND ACCURATE COUNT IN IDAHO 75,000
    IMMIGRANT AND REFUGEE COMMUNITY ORGANIZATION
    10301 NE GLISAN SREET
    PORTLAND,OR97220     		N/A PC FINANCIAL LITERACY FOR NEWCOMERS 125,000
    IMMIGRANT DEVELOPMENT CENTER
    810 4TH AVENUE SOUTH SUITE 100
    MOORHEAD,MN56560     		N/A PC RENEWAL SUPPORT FOR INTERNATIONAL MARKET PLAZA 150,000
    INDEPENDENT SECTOR
    1602 L STREET NORTHWEST SUITE 900
    WASHINGTON,DC20036     		N/A PC 2019 ANNUAL MEMBERSHIP DUES 12,500
    INDIGENOUS PEOPLES TASK FORCE
    1335 E 23RD STREET
    MINNEAPOLIS,MN55404     		N/A PC GENERAL OPERATING AND PROGRAM GROWTH 175,000
    INTERFAITH ACTION OF GREATER SAINT PAUL
    1671 SUMMIT AVENUE
    ST PAUL,MN55105     		N/A PC COMMUNITY POWER-UP (CPU) 35,000
    INTERIM COMMUNITY DEVELOPMENT ASSOCIATION
    310 MAYNARD AVE S
    SEATTLE,WA98104     		N/A PC ECONOMIC EMPOWERMENT AND FINANCIAL LITERACY FOR REFUGEES AND IMMIGRANTS 99,952
    IOWA COUNCIL OF FOUNDATIONS
    6919 VISTA DRIVE
    WEST DES MOINES,IA502669309     		N/A PC 2019 ANNUAL MEMBERSHIP DUES 350
    ISLAMIC RESOURCE GROUP
    3055 OLD HIGHWAY 8
    ST ANTHONY,MN55418     		N/A PC CHALLENGING BIAS AND ISLAMOPHOBIA ACROSS THE UPPER MIDWEST 25,000
    JEREMIAH PROGRAM
    1510 LAUREL AVENUE
    MINNEAPOLIS,MN55403     		N/A PC STAFF SERVICE DAY TEAM DISCRETIONARY GRANT 6,000
    JUMA VENTURES
    131 STEUART STREET SUITE 201
    SAN FRANCISCO,CA94105     		N/A PC JUMA SEATTLE YOUTHCONNECT 75,000
    KAPOSIA
    223 LITTLE CANADA ROAD SUITE 100
    LITTLE CANADA,MN551171325     		N/A PC VICE PRESIDENTIAL GRANT 5,000
    LEECH LAKE FINANCIAL SERVICES
    PO BOX 848
    CASS LAKE,MN56633     		N/A PC FINANCIAL SERVICES AND OPERATIONS 50,000
    LITERACY SOURCE
    3200 NE 125TH ST
    SEATTLE,WA98125     		N/A PC EDUCATION, EQUITY AND OPPORTUNITY FOR ALL 25,000
    LOCAL INITIATIVES SUPPORT CORPORATION
    202 WEST SUPERIOR STREET SUITE 301
    DULUTH,MN55802     		N/A PC CREATING A LEGACY OF WEALTH BUILDING IN DULUTH: ENTREPRENEURSHIP AND WORKFORCE COLLABORATION 100,000
    LOWER COLUMBIA COMMUNITY ACTION COUNCIL INCORPORATED
    1526 COMMERCE AVENUE
    LONGVIEW,WA98632     		N/A PC CAP PATHWAYS 2 INCLUSION 126,300
    LOWER PHALEN CREEK PROJECT
    733 EAST SEVENTH STREET
    ST PAUL,MN55106     		N/A PC STRATEGIC PLANNING RETREAT 12,000
    LUMMI COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION
    PO BOX 1947
    FERNDALE,WA98248     		N/A PC FUELING NATIVE ECONOMIC DEVELOPMENT 300,000
    LUMMI COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION
    PO BOX 1947
    FERNDALE,WA98248     		N/A PC INDIGENIZING PEER-TO-PEER TECHNICAL ASSISTANCE 125,000
    MAIN STREET PROJECT
    105 4TH STREET EAST SUITE 213
    NORTHFIELD,MN550572047     		N/A PC REGENERATIVE AGRICULTURE IN SOUTHEAST MINNESOTA 275,000
    MANO A MANO
    2921 SADDLE CLUB ST SE 1009
    SALEM,OR97317     		N/A PC RADIO PODER PROJECT 50,000
    MAZASKA OWECASO OTIPI FINANCIAL INC
    PO BOX 1996
    PINE RIDGE,SD57770     		N/A PC NATIVE AFFORDABLE HOUSING INITIATIVE 125,000
    MICRO ENTERPRISE SERVICES OF OREGON
    4008 NE MARTIN LUTHER KING JR BLVD
    PORTLAND,OR97212     		N/A PC ACCESS TO CAPITAL LEADING TO STABILITY AND SECURITY FOR SMALL BUSINESS OWNERS 33,950
    MIGIZI COMMUNICATIONS INC
    3017 27TH AVE S
    MINNEAPOLIS,MN55406     		N/A PC CENSUS 2020 OUTREACH 15,000
    MINNEAPOLIS AMERICAN INDIAN CENTER
    1530 EAST FRANKLIN AVE
    MINNEAPOLIS,MN55404     		N/A PC GENERAL OPERATING AND CAPACITY BUILDING 175,000
    MINNEAPOLIS URBAN LEAGUE
    2100 PLYMOUTH AVENUE NORTH
    MINNEAPOLIS,MN55411     		N/A PC NORTH PLUS EXPANSION: BUILDING CLIENT AND COMMUNITY FINANCIAL CAPABILITY 125,000
    MINNESOTA COUNCIL ON FOUNDATIONS
    800 WASHINGTON AVE N
    MINNEAPOLIS,MN554011167     		N/A PC 2019 ANNUAL MEMBERSHIP DUES 22,475
    MINNESOTA COUNCIL ON FOUNDATIONS
    800 WASHINGTON AVE N
    MINNEAPOLIS,MN554011167     		N/A PC 2020 CENSUS ORGANIZING AND MOBILIZING IN MINNESOTA'S HISTORICALLY UNDERCOUNTED COMMUNITIES 75,000
    MINNESOTA EDUCATION EQUITY PARTNERSHIP
    2233 UNIVERSITY AVE WEST 220
    ST PAUL,MN55114     		N/A PC MILLE LACS REGION EDUCATION EQUITY FOR ALL DINNER 7,000
    MINNESOTA FREEDOM FUND
    PO BOX 6398
    MINNEAPOLIS,MN55406     		N/A PC STAFF SERVICE DAY TEAM DISCRETIONARY GRANT 6,000
    MISSION INVESTORS EXCHANGE
    2440 WEST EL CAMINO REAL SUITE 300
    MOUNTAIN VIEW,CA940401498     		N/A PC 2019 ANNUAL MEMBERSHIP DUES 15,000
    MONTANA COMMUNITY DEVELOPMENT CORPORATION
    229 EAST MAIN STREET
    MISSOULA,MT59802     		N/A PC UPLIFT AMERICA GENERAL OPERATING SUPPORT 100,000
    MONTANA COMMUNITY DEVELOPMENT CORPORATION
    229 EAST MAIN STREET
    MISSOULA,MT59802     		N/A PC UPLIFT AMERICA FUND (UNRESTRICTED NET ASSETS FOR CFRP PROJECS) 23,200
    MONTANA NONPROFIT ASSOCIATION
    PO BOX 1744
    HELENA,MT59624     		N/A PC ENGAGING MONTANA'S NONPROFITS IN CENSUS 2020 8,000
    NACDC FINANCIAL SERVICES INC
    PO BOX 3029
    BROWNING,MT59417     		N/A PC SUPPORTING ECONOMIC DEVELOPMENT ON MONTANA RESERVATIONS WHILE STRIVING TO ACHIEVE ORGANIZATIONAL SELF-SUFFICIENCY 125,000
    NATIONAL ASSOCIATION FOR LATINO COMMUNITY ASSET BUILDERS
    910 17TH ST NW SUITE 500
    WASHINGTON,DC20006     		N/A PC ADVANCING POLICY TO UNLEASH THE ECONOMIC POTENTIAL OF LATINOS AND IMMIGRANTS 250,000
    NATIONAL COALITION FOR ASIAN PACIFIC AMERICAN COMMUNITY DEVELOPMENT
    1825 SAN PABLO AVE SUITE 2
    OAKLAND,CA94612     		N/A PC EMPOWERMENT ECONOMICS 100,000
    NATIONAL COMMITTEE FOR RESPONSIVE PHILANTHROPY
    1900 L STREET NW
    WASHINGTON,DC20036     		N/A PC 2019 ANNUAL MEMBERSHIP DUES 7,500
    NATIONAL NATIVE AMERICAN HALL OF FAME
    1720 10TH AVENUE SOUTH SUITE 4-299
    GREAT FALLS,MT59405     		N/A PC INSPIRATIONAL LEADERSHIP CURRICULA INTERVIEWS 22,500
    NATIVE AMERICAN ADVOCACY PROGRAM
    30122 352ND AVE
    HERRICK,SD575380277     		N/A PC LAKOTA YOUTH RISE: YOUTH-LED CULTURALLY-BASED SOCIAL ENTERPRISES 50,000
    NATIVE AMERICAN DEVELOPMENT CENTER
    209 N 24TH ST SUITE A
    BISMARCK,ND58501     		N/A PC FINANCIAL CAPABILITY FOR NATIVE AMERICANS IN NORTH DAKOTA 80,000
    NATIVE AMERICAN DEVELOPMENT CORPORATION
    17 N 26TH STREET
    BILLINGS,MT59101     		N/A PC CENSUS 2020 COMPLETE COUNT FOR NATIVE AMERICANS RESIDING IN MONTANA 60,000
    NATIVE AMERICAN DEVELOPMENT CORPORATION
    17 N 26TH STREET
    BILLINGS,MT59101     		N/A PC SPONSORSHIP OF 11TH ANNUAL CONFERENCE IN BILLINGS, MT 5,000
    NATIVE AMERICAN DEVELOPMENT CORPORATION
    17 N 26TH STREET
    BILLINGS,MT59101     		N/A PC NADC CDFI CAPACITY BUILDING AND GROWTH 100,000
    NATIVE AMERICAN YOUTH AND FAMILY CENTER
    5135 NE COLUMBIA BLVD
    PORTLAND,OR97218     		N/A PC STRENGTHENING NATIVE ENTERPRISES 150,000
    NATIVE AMERICANS IN PHILANTHROPY
    1000 ALAMEDA ST SUITE 116
    LOS ANGELES,CA90012     		N/A PC SPONSORSHIP OF 30TH ANNIVERSARY CELEBRATION AND SUMMIT 5,000
    NATIVE AMERICANS IN PHILANTHROPY
    1000 ALAMEDA ST SUITE 116
    LOS ANGELES,CA90012     		N/A PC 2019 ANNUAL MEMBERSHIP DUES 10,000
    NATIVE CDFI NETWORK INC
    PO BOX 1827
    RAPID CITY,SD577091827     		N/A PC FUELING THE ENGINES OF NATIVE AMERICAN ECONOMIC OPPORTUNITY 150,000
    NATIVE GOVERNANCE CENTER
    60 PLATO BOULEVARD EAST SUITE 400
    ST PAUL,MN55107     		N/A PC CENSUS OUTREACH IN MINNESOTA, NORTH DAKOTA AND SOUTH DAKOTA 175,000
    NATIVE360 LOAN FUND INC
    211 W 3RD ST
    GRAND ISLAND,NE68801     		N/A PC STRENGTHENING NATIVE OWNED BUSINESSES IN IOWA 99,912
    NATIVE360 LOAN FUND INC
    211 W 3RD ST
    GRAND ISLAND,NE68801     		N/A PC FUELING NATIVE ECONOMIC DEVELOPMENT 100,000
    NDN COLLECTIVE INC
    317 MAIN STREET SUITE 1
    RAPID CITY,SD57701     		N/A PC CATALYTIC SUPPORT TO LAUNCH NDN FUND, A NATIVE CDFI 125,000
    NEIGHBORHOOD DEVELOPMENT CENTER INC
    663 UNIVERSITY AVENUE WEST
    ST PAUL,MN55104     		N/A PC INTEGRATED BUSINESS SERVICES TO PROVIDE OPPORTUNITY FOR LOW-INCOME COMMUNITIES OF COLOR 300,000
    NEIGHBORHOOD FUNDERS GROUP
    436 14TH STREET
    OAKLAND,CA94610     		N/A PC 2019 ANNUAL MEMBERSHIP DUES 2,500
    NEIGHBORS INC
    222 GRAND AVENUE WEST
    SOUTH ST PAUL,MN55075     		N/A PC STAFF SERVICE DAY TEAM DISCRETIONARY GRANT 7,000
    NEW AVENUES FOR YOUTH INC
    1220 SW COLUMBIA ST
    PORTLAND,OR97201     		N/A PC EXPANDED ENTERPRISE OPPORTUNITIES FOR HIGH-BARRIERED YOUTH AND STRATEGIC BUSINESS GROWTH 100,000
    NEXUS COMMUNITY PARTNERS
    2314 UNIVERSITY AVENUE WEST SUITE
    18
    ST PAUL,MN55114     		N/A PC SPONSORSHIP FOR 15TH ANNIVERSARY EVENT 2,000
    NEXUS COMMUNITY PARTNERS
    2314 UNIVERSITY AVENUE WEST SUITE
    18
    ST PAUL,MN55114     		N/A PC THE CULTIVATING WEALTH PROJECT 200,000
    NIMIIPUU COMMUNITY DEVELOPMENT FUND
    PO BOX 114
    LAPWAI,ID83540     		N/A PC BUILDING ON STRENGTH: GROWING NCDF 200,000
    NIMIIPUU COMMUNITY DEVELOPMENT FUND
    PO BOX 114
    LAPWAI,ID83540     		N/A PC FUELING NATIVE ECONOMIC DEVELOPMENT 50,000
    NORTHSIDE ECONOMIC OPPORTUNITY NETWORK
    1007 WEST BROADWAY AVENUE NORTH
    MINNEAPOLIS,MN55411     		N/A PC CAPACITY BUILDING AND OPERATING SUPPORT 100,000
    NORTHWEST INDIAN COMMUNITY DEVELOPMENT CENTER
    1819 BEMIDJI AVENUE NORTH
    BEMIDJI,MN56601     		N/A PC RECLAIMING ANISHINAABE WORKFORCE 75,000
    NORTHWEST INDIAN COMMUNITY DEVELOPMENT CENTER
    1819 BEMIDJI AVENUE NORTH
    BEMIDJI,MN56601     		N/A PC SUPPORTING THE ANISHINAABEG NARRATIVE OF WORKFORCE DEVELOPMENT 20,000
    NORTHWEST NATIVE DEVELOPMENT FUND
    504 FIR STREET
    COULEE DAM,WA99116     		N/A PC SMALL BUSINESS FINANCING EXPLOSION; A NEW ERA BEGINS 50,000
    NORTHWEST NATIVE DEVELOPMENT FUND
    504 FIR STREET
    COULEE DAM,WA99116     		N/A PC FUELING NATIVE ECONOMIC DEVELOPMENT 150,000
    NWAF EMPLOYEE MATCHING GRANTS
    60 PLATO BOULEVARD EAST SUITE 400
    ST PAUL,MN55107     		N/A PC NWAF EMPLOYEE MATCHING GRANTS 23,093
    NWAF EMPLOYEE VOLUNTEER MATCHING GRANTS
    60 PLATO BOULEVARD EAST SUITE 400
    ST PAUL,MN55107     		N/A PC NWAF EMPLOYEE VOLUNTEER MATCHING GRANTS 4,000
    OCETI SAKOWIN POWER AUTHORITY
    4236 MATHEWSON DRIVE NW
    WASHINGTON,DC20011     		N/A GOV OCETI SAKOWIN POWER AUTHORITY OPERATIONS 35,000
    ONEAMERICA
    1225 SOUTH WELLER STREET SUITE 430
    SEATTLE,WA98144     		N/A PC ADVANCING RACIAL EQUITY IN KING COUNTY'S WORKFORCE DEVELOPMENT SYSTEM 50,000
    OPPORTUNITY LINK
    339 3RD STREET
    HAVRE,MT59501     		N/A PC BUILDING VIBRANT COMMUNITIES: REGIONAL PARTNERSHIPS FOR LOCAL PROSPERITY 153,527
    OREGON NATIVE AMERICAN CHAMBER
    4445 SW BARBUR BLVD STE 102
    PORTLAND,OR97239     		N/A PC RECLAIMING THE ECONOMIC BENEFITS OF NATIVE ASSETS AND RE-VISIONING HEALTHY TRIBAL ECONOMIES 80,000
    PEAK GRANTMAKING INC
    1666 K STREET NW
    WASHINGTON,DC20006     		N/A PC 2019 ANNUAL MEMBERSHIP DUES 3,000
    PEOPLES PARTNERS FOR COMMUNITY DEVELOPMENT
    PO BOX 405
    ASHLAND,MT59003     		N/A PC MORNING STAR FINANCIAL RESOURCES 125,000
    PEOPLES PARTNERS FOR COMMUNITY DEVELOPMENT
    PO BOX 405
    ASHLAND,MT59003     		N/A PC FUELING NATIVE ECONOMIC DEVELOPMENT 100,000
    PHILANTHROFUND FOUNDATION
    2801 21ST AVE S SUITE 132B
    MINNEAPOLIS,MN55407     		N/A PC GENERAL OPERATING SUPPORT 50,000
    PHILANTHROPY NORTHWEST
    2101 4TH AVENUE SUITE 650
    SEATTLE,WA98121     		N/A PC 2019 ANNUAL MEMBERSHIP DUES 23,905
    PHILANTHROPY NORTHWEST
    2101 4TH AVENUE SUITE 650
    SEATTLE,WA98121     		N/A PC WASHINGTON CENSUS EQUITY FUND 125,000
    PHILANTHROPY NORTHWEST
    2101 4TH AVENUE SUITE 650
    SEATTLE,WA98121     		N/A PC PHILANTHROPY NORTHWEST CATALYST CAMPAIGN 250,000
    PLENTY DOORS COMMUNITY DEVELOPMENT CORPORATION
    PO BOX 1061
    CROW AGENCY,MT59022     		N/A PC BUILDING ORGANIZATION CAPACITY 60,000
    PREPARE AND PROSPER
    2610 UNIVERSITY AVENUE WEST SUITE
    450
    ST PAUL,MN55114     		N/A PC HELPING LOW-INCOME MINNESOTANS BUILD BRIGHTER FINANCIAL FUTURES 225,000
    PRIDE FOUNDATION
    2014 E MADISON STREET SUITE 300
    SEATTLE,WA98122     		N/A PC RAPID RESPONSE FUNDING FOR LGBTQ+ COMMUNITIES IN THE NORTHWEST 50,000
    PROPEL NONPROFITS
    1 SE MAIN STREET SUITE 600
    MINNEAPOLIS,MN554141036     		N/A PC BUILDING CAPACITY - FISCAL SPONSOR OF MINNESOTA INDIGENOUS BUSINESS ALLIANCE 75,000
    PROPEL NONPROFITS
    1 SE MAIN STREET SUITE 600
    MINNEAPOLIS,MN554141036     		N/A PC RESEARCH AND DESIGN FOR CDFI CAPACITY-BUILDING COHORT PROGRAMMING 75,000
    PROSPERITY NOW
    1200 G STREET NW
    WASHINGTON,DC20005     		N/A PC LEARNING AND CONNECTIONS TO ADVANCE PROSPERITY IN THE NORTHWEST 25,000
    PROSPERITY NOW
    1200 G STREET NW
    WASHINGTON,DC20005     		N/A PC GENERAL OPERATING SUPPORT DURING LEADERSHIP TRANSITION - NEW ERA FUND 100,000
    REGION FIVE DEVELOPMENT COMMISSION
    200 1ST STREET NE SUITE 2
    STAPLES,MN56479     		N/A GOV WELCOMING COMMUNITIES VALUE CHAIN DEVELOPMENT THROUGH EQUITABLE SYSTEMS CHANGE 387,000
    ROSEBUD ECONOMIC DEVELOPMENT CORPORATION
    27565 RESEARCH PARK DRIVE
    MISSION,SD57555     		N/A GOV 3 SISTERS STRATEGY AND 7 GENERATION PLAN FOR SOCIOECONOMIC WELLNESS 75,000
    ROSEBUD ECONOMIC DEVELOPMENT CORPORATION
    27565 RESEARCH PARK DRIVE
    MISSION,SD57555     		N/A GOV FISCAL SPONSOR FOR TATANKA FUNDS - RENEWAL SUPPORT 15,100
    ROSEBUD ECONOMIC DEVELOPMENT CORPORATION
    27565 RESEARCH PARK DRIVE
    MISSION,SD57555     		N/A GOV WORKFORCE DEVELOPMENT INITIATIVE 190,000
    RURAL COMMUNITY DEVELOPMENT RESOURCES
    24 S 3RD AVE
    YAKIMA,WA98902     		N/A PC INCREASING ASSETS THROUGH BUSINESS CAPACITY IN RURAL WASHINGTON 50,000
    RURAL ELECTRIC ECONOMIC DEVELOPMENT INC
    211 SOUTH HARTH AVENUE
    MADISON,SD57042     		N/A PC UPLIFT AMERICA UNRESTRICTED NET ASSETS 56,250
    SAC & FOX TRIBE OF THE MISSISSIPPI IN IOWA
    349 MESKWAKI RD
    TAMA,IA52339     		N/A GOV SUPPORTING COMMUNITY AND WORKFORCE DEVELOPMENT TO BUILD A SUSTAINABLE TRIBAL ECONOMY 75,900
    SISSETON-WAHPETON OYATE OF THE LAKE TRAVERSE RESERVATION
    PO BOX 509
    AGENCY VILLAGE,SD572620509     		N/A GOV MAZASKA WOHA PROJECT 105,522
    SOLID GROUND WASHINGTON
    1501 N 45TH ST
    SEATTLE,WA98103     		N/A PC POVERTY ACTIONS STATEWIDE ORGANIZING AND ADVOCACY FOR LOW-INCOME COMMUNITIES OF COLOR 87,500
    SPIRIT OF PEACE UNITED CHURCH OF CHRIST OF SIOUX FALLS
    PO BOX 600
    SIOUX FALLS,SD57101     		N/A PC FISCAL SPONSOR FOR SOUTH DAKOTA VOICES FOR PEACE: UNDERSTANDING ISLAMOPHOBIA AND LEGAL SERVICES CAPACITY BUILDING 25,000
    STANDING ROCK COMMUNITY DEVELOPMENT CORPORATION
    SBC ENTREPRENEURIAL CENTER OFFICE
    9299 HIGHWAY 24 SUITE 128
    FORT YATES,ND58538     		N/A PC WOAWAGLAKE - TO CARE FOR AND GIVE PROTECTION 205,000
    SUSTAINABLE AGRICULTURE AND FOOD SYSTEMS FUNDERS
    601 E ARRELLAGA STREET SUITE 101
    SANTA BARBARA,CA93103     		N/A PC 2019 MEMBERSHIP DUES 8,000
    TAALA FUND
    4471 STATE ROUTE 109
    PACIFIC BEACH,WA98571     		N/A PC CREATING NEW PRODUCTS AND STRENGTHENING CAPACITY 116,350
    TAALA FUND
    4471 STATE ROUTE 109
    PACIFIC BEACH,WA98571     		N/A PC FUELING NATIVE ECONOMIC DEVELOPMENT 125,000
    TAKEACTION MINNESOTA EDUCATION FUND
    705 RAYMOND AVE
    ST PAUL,MN55114     		N/A PC FISCAL SPONSOR FOR BLACK VISIONS COLLECTIVE: ADDRESSING ROOT CAUSES OF RACIAL AND ECONOMIC INJUSTICE IN MN 50,000
    THE DIRECTORS COUNCIL
    1401 CENTER STREET
    DES MOINES,IA50314     		N/A PC ONE ECONOMY 2.0 263,000
    THE FAMILY PARTNERSHIP
    414 SOUTH 8TH STREET
    MINNEAPOLIS,MN55404     		N/A PC RECOGNITION OF BOARD OF DIRECTOR SERVICE UPON RETIREMENT 1,000
    THE LAKOTA FUND INCORPORATED
    PO BOX 340
    KYLE,SD57752     		N/A PC EXPANDING BUSINESS LENDING 150,000
    THE LAKOTA FUND INCORPORATED
    PO BOX 340
    KYLE,SD57752     		N/A PC LAKOTA LIVESTOCK LENDING PROJECT 250,000
    THE LAKOTA FUND INCORPORATED
    PO BOX 340
    KYLE,SD57752     		N/A PC FISCAL SPONSOR FOR SOUTH DAKOTA NATIVE HOMEOWNERSHIP COALITION: SUSTAINABILITY STRATEGY INITIATIVE 100,000
    THE MONTANA RACIAL EQUITY PROJECT
    PO BOX 11885
    BOZEMAN,MT59719     		N/A PC SPONSORSHIP OF "2019 RACE AND EQUITY IN MONTANA" CONFERENCE 10,000
    THE SAINT PAUL FOUNDATION
    101 FIFTH STREET EAST SUITE 2400
    ST PAUL,MN55101     		N/A PC COLLEGE BOUND SAINT PAUL 200,000
    THUNDER VALLEY COMMUNITY DEVELOPMENT CORPORATION
    290 EMPOWERMENT DRIVE
    PORCUPINE,SD57772     		N/A PC ECOSYSTEM OF OPPORTUNITY: BUILDING COMMUNITY POWER 397,805
    TIWAHE FOUNDATION
    2801 21ST AVENUE SOUTH SUITE 132F
    MINNEAPOLIS,MN55407     		N/A PC SPONSORSHIP FOR 2019 CIRCLE OF GIVING: HONORING COMMUNITY WISDOM 5,000
    UJAMAA PLACE
    1821 UNIVERSITY AVE SUITE N257
    ST PAUL,MN55104     		N/A PC CULTURALLY FOCUSED FINANCIAL LITERACY PROGRAM STABILIZATION 150,000
    UJAMAA PLACE
    1821 UNIVERSITY AVE SUITE N257
    ST PAUL,MN55104     		N/A PC EXPANDING WORK OPPORTUNITIES FOR FORMERLY INCARCERATED YOUNG AFRICAN AMERICAN MEN 100,000
    UNITED WAY OF THE COLUMBIA-WILLAMETTE
    619 SW 11TH AVE
    PORTLAND,OR97205     		N/A PC OREGON CENSUS EQUITY FUND 125,000
    URBAN VENTURES LEADERSHIP FOUNDATION
    2924 4TH AVENUE SOUTH
    MINNEAPOLIS,MN55408     		N/A PC VICE PRESIDENTIAL GRANT 3,000
    URBAN VENTURES LEADERSHIP FOUNDATION
    2924 4TH AVENUE SOUTH
    MINNEAPOLIS,MN55408     		N/A PC STAFF SERVICE DAY TEAM DISCRETIONARY GRANT 1,000
    VENTURES
    2100 24TH AVE S STE 380
    SEATTLE,WA98144     		N/A PC SEATTLE'S ONLY MICROENTERPRISE DEVELOPMENT PROGRAM FOR LOW-INCOME ENTREPRENEURS 300,000
    VENTURES
    2100 24TH AVE S STE 380
    SEATTLE,WA98144     		N/A PC LOAN FUNDS FOR UNDERSERVED ENTREPRENEURS 100,000
    VERDE
    6899 NE COLUMBIA BLVD SUITE A
    PORTLAND,OR97218     		N/A PC BUILDING A COHESIVE LIVING CULLY ENERGY AND ANTI-DISPLACEMENT INITIATIVE 100,000
    WARM SPRINGS COMMUNITY ACTION TEAM
    PO BOX 1419
    WARM SPRINGS,OR97761     		N/A PC ENHANCING FINANCIAL CAPACITY ON THE WARM SPRINGS RESERVATION 130,000
    WESTERN NATIVE VOICE
    23 BROADWAY NORTH SUITE 101
    FARGO,ND58102     		N/A PC FISCAL SPONSOR OF NORTH DAKOTA NATIVE VOTE: CENSUS OUTREACH IN NORTH DAKOTA NATIVE COMMUNITIES 75,000
    WESTERN NATIVE VOICE
    23 BROADWAY NORTH SUITE 101
    FARGO,ND58102     		N/A PC CENSUS OUTREACH IN MONTANA NATIVE COMMUNITIES 150,000
    WHITE EARTH INVESTMENT INITIATIVE
    407 MAIN STREET EAST
    OGEMA,MN565690038     		N/A PC LOAN PROCESSOR AND LOAN FUND 50,000
    WINROCK INTERNATIONAL INSTITUTE FOR AGRICULTURAL DEVELOPMENT
    2101 RIVERFRONT DRIVE
    LITTLE ROCK,AR72202     		N/A PC RESEARCH AND DEVELOPMENT: COMMUNITY-BASED FOOD SYSTEMS IN THE FOUNDATION'S REGION 60,000
    YWCA OF MINNEAPOLIS
    1130 NICOLLET MALL
    MINNEAPOLIS,MN55403     		N/A PC CIRCLE OF WOMEN EVENT: VICE PRESIDENTIAL SPONSORSHIP 5,000
    Total .................................bullet 3a 16,564,141
    bApproved for future payment
    BII GII WIIN COMMUNITY DEVELOPMENT LOAN FUND
    1113 EAST FRANKLIN AVENUE SUITE 200
    MINNEAPOLIS,MN55404     		N/A PC BUSINESS LAB, LENDING AND CAPACITY BUILDING 50,000
    BUILD WEALTH MN INC
    2100 PLYMOUTH AVE N SUITE 104
    MINNEAPOLIS,MN55411     		N/A PC PATHWAYS TO FINANCIAL INCLUSION 250,000
    CAPI USA
    5930 BROOKLYN BOULEVARD
    BROOKLYN CENTER,MN55429     		N/A PC ECONOMIC EMPOWERMENT SERVICES 100,000
    CHEYENNE RIVER YOUTH PROJECT
    PO BOX 410 EAST LINCOLN STREET
    EAGLE BUTTE,SD57625     		N/A PC GROWING SEVENTH GENERATION LEADERS 100,000
    COMMUNITY OPPORTUNITIES INC
    23751 HIGHWAY 30
    CARROLL,IA51401     		N/A PC PATHWAYS TO FINANCIAL INCLUSION 104,798
    COMUNIDADES LATINAS UNIDAS EN SERVICIO (CLUES)
    797 EAST 7TH STREET
    ST PAUL,MN55106     		N/A PC ECONOMIC VITALITY 150,000
    DREAM OF WILD HEALTH
    1308 EAST FRANKLIN AVENUE SUITE 203
    MINNEAPOLIS,MN55404     		N/A PC REBUILDING AN INDIGENOUS FOOD SYSTEM 100,000
    FIRST NATIONS OWEESTA CORPORATION
    2432 MAIN ST
    LONGMONT,CO80501     		N/A PC NATIVE CDFI CAPITALIZATION 200,000
    FIRST PEOPLES FUND
    706 WEST BOULEVARD
    RAPID CITY,SD57701     		N/A PC GROWING AND STRENGTHENING THE INDIGENOUS ARTS ECOLOGY 225,000
    IMMIGRANT AND REFUGEE COMMUNITY ORGANIZATION
    10301 NE GLISAN SREET
    PORTLAND,OR97220     		N/A PC FINANCIAL LITERACY FOR NEWCOMERS 125,000
    IMMIGRANT DEVELOPMENT CENTER
    810 4TH AVENUE SOUTH SUITE 100
    MOORHEAD,MN56560     		N/A PC RENEWAL SUPPORT FOR INTERNATIONAL MARKET PLAZA 50,000
    INTERIM COMMUNITY DEVELOPMENT ASSOCIATION
    310 MAYNARD AVE S
    SEATTLE,WA98104     		N/A PC ECONOMIC EMPOWERMENT AND FINANCIAL LITERACY FOR REFUGEES AND IMMIGRANTS 99,952
    ISLAMIC RESOURCE GROUP
    3055 OLD HIGHWAY 8
    ST ANTHONY,MN55418     		N/A PC CHALLENGING BIAS AND ISLAMOPHOBIA ACROSS THE UPPER MIDWEST 25,000
    LEECH LAKE FINANCIAL SERVICES
    PO BOX 848
    CASS LAKE,MN56633     		N/A PC FINANCIAL SERVICES AND OPERATIONS 50,000
    LUMMI COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION
    PO BOX 1947
    FERNDALE,WA98248     		N/A PC INDIGENIZING PEER-TO-PEER TECHNICAL ASSISTANCE 125,000
    MINNEAPOLIS URBAN LEAGUE
    2100 PLYMOUTH AVENUE NORTH
    MINNEAPOLIS,MN55411     		N/A PC BUILDING CLIENT AND COMMUNITY FINANCIAL CAPABILITY 125,000
    NATIONAL COALITION FOR ASIAN PACIFIC AMERICAN COMMUNITY DEVELOPMENT
    1825 SAN PABLO AVE SUITE 2
    OAKLAND,CA94612     		N/A PC EMPOWERMENT ECONOMICS 100,000
    NATIVE AMERICAN DEVELOPMENT CORPORATION
    17 N 26TH STREET
    BILLINGS,MT59101     		N/A PC NADC CDFI CAPACITY BUILDING AND GROWTH 80,000
    NATIVE AMERICAN DEVELOPMENT CORPORATION
    17 N 26TH STREET
    BILLINGS,MT59101     		N/A PC NADC CDFI CAPACITY BUILDING AND GROWTH 60,000
    NIMIIPUU COMMUNITY DEVELOPMENT FUND
    PO BOX 114
    LAPWAI,ID83540     		N/A PC FUELING NATIVE ECONOMIC DEVELOPMENT 50,000
    NIMIIPUU COMMUNITY DEVELOPMENT FUND
    PO BOX 114
    LAPWAI,ID83540     		N/A PC BUILDING ON STRENGTH: GROWING NCDF 50,000
    NORTHSIDE ECONOMIC OPPORTUNITY NETWORK
    1007 WEST BROADWAY AVENUE NORTH
    MINNEAPOLIS,MN55411     		N/A PC CAPACITY BUILDING AND OPERATING SUPPORT 100,000
    ONEAMERICA
    1225 SOUTH WELLER STREET SUITE 430
    SEATTLE,WA98144     		N/A PC ADVANCING RACIAL EQUITY IN KING COUNTY'S WORKFORCE DEVELOPMENT SYSTEM 50,000
    PEOPLES PARTNERS FOR COMMUNITY DEVELOPMENT
    PO BOX 405
    ASHLAND,MT59003     		N/A PC MORNING STAR FINANCIAL RESOURCES 125,000
    SISSETON-WAHPETON OYATE OF THE LAKE TRAVERSE RESERVATION
    PO BOX 509
    AGENCY VILLAGE,SD572620509     		N/A GOV MAZASKA WOHA PROJECT 105,521
    SOLID GROUND WASHINGTON
    1501 N 45TH ST
    SEATTLE,WA98103     		N/A PC STATEWIDE ORGANIZING & ADVOCACY FOR LOW-INCOME COMMUNITIES OF COLOR 87,500
    STANDING ROCK COMMUNITY DEVELOPMENT CORPORATION
    SBC ENTREPRENEURIAL CENTER OFFICE
    9299 HIGHWAY 24 SUITE 128
    FORT YATES,ND58538     		N/A PC WOAWAGLAKE - TO CARE FOR AND GIVE PROTECTION 195,000
    THE DIRECTORS COUNCIL
    1401 CENTER STREET
    DES MOINES,IA50314     		N/A PC ONE ECONOMY 2.0 176,550
    UJAMAA PLACE
    1821 UNIVERSITY AVE SUITE N257
    ST PAUL,MN55104     		N/A PC CULTURALLY FOCUSED FINANCIAL LITERACY PROGRAM STABILIZATION 100,000
    VENTURES
    2100 24TH AVE S STE 380
    SEATTLE,WA98144     		N/A PC MICROENTERPRISE DEVELOPMENT PROGRAM FOR LOW-INCOME ENTREPRENEURS 100,000
    WARM SPRINGS COMMUNITY ACTION TEAM
    PO BOX 1419
    WARM SPRINGS,OR97761     		N/A PC ENHANCING FINANCIAL CAPACITY ON THE WARM SPRINGS RESERVATION 130,000
    Total .................................bullet 3b 3,389,321
    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
    aPRI INTEREST         182,040
    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 6,443,319  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6 Net rental income or (loss) from personal property          
    7 Other investment income.....          
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 7,826,902  
    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 14,270,221 182,040
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    14,452,261
    (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.)
    1 PROGRAM-RELATED INVESTMENTS CONSIST OF DEBT AND EQUITY POSITIONS IN ORGANIZATIONS THAT CONDUCT ACTIVITIES THAT FULFILL THE CHARITABLE PURPOSES OF THE FOUNDATION.
    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


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