-
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
04-01-2019
, and ending
03-31-2020
Name of foundation
THE CIRESI WALBURN FOUNDATION FOR
CHILDREN
Number and street (or P.O. box number if mail is not delivered to street address)
225 SOUTH SIXTH STREET SUITE 4600
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
MINNEAPOLIS
,
MN
55402
A Employer identification number
41-1955286
B
Telephone number (see instructions)
(612) 280-8310
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)
$
33,087,106
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)
3,600
2
Check
.............
3
Interest on savings and temporary cash investments
4
Dividends and interest from securities
...
926,872
926,872
5a
Gross rents
............
b
Net rental income or (loss)
6a
Net gain or (loss) from sale of assets not on line 10
9,473
b
Gross sales price for all assets on line 6a
19,075,252
7
Capital gain net income (from Part IV, line 2)
...
9,473
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)
.......
68,026
68,026
0
12
Total.
Add lines 1 through 11
........
1,007,971
1,004,371
0
13
Compensation of officers, directors, trustees, etc.
0
0
0
0
14
Other employee salaries and wages
......
15
Pension plans, employee benefits
.......
16a
Legal fees (attach schedule)
.........
b
Accounting fees (attach schedule)
.......
13,832
2,766
0
11,066
c
Other professional fees (attach schedule)
....
396,134
212,134
0
184,000
17
Interest
...............
18
Taxes (attach schedule) (see instructions)
...
7,530
7,530
0
0
19
Depreciation (attach schedule) and depletion
...
20
Occupancy
..............
21
Travel, conferences, and meetings
.......
24,005
0
0
24,005
22
Printing and publications
..........
97,748
0
0
97,748
23
Other expenses (attach schedule)
.......
33,697
28,892
0
4,805
24
Total operating and administrative expenses.
Add lines 13 through 23
..........
572,946
251,322
0
321,624
25
Contributions, gifts, grants paid
.......
1,859,000
1,859,000
26
Total expenses and disbursements.
Add lines 24 and 25
2,431,946
251,322
0
2,180,624
27
Subtract line 26 from line 12:
a
Excess of revenue over expenses and disbursements
-1,423,975
b
Net investment income
(if negative, enter -0-)
753,049
c
Adjusted net income
(if negative, enter -0-)
...
0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X
Form
990-PF
(2019)
Form 990-PF (2019)
Page
2
Part II
Balance Sheets
Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)
Beginning of year
End of year
(a)
Book Value
(b)
Book Value
(c)
Fair Market Value
1
Cash—non-interest-bearing
.............
116,410
121,077
121,077
2
Savings and temporary cash investments
.........
1,575,263
2,978,054
2,978,054
3
Accounts receivable
Less: allowance for doubtful accounts
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
..........
10a
Investments—U.S. and state government obligations (attach schedule)
b
Investments—corporate stock (attach schedule)
.......
26,040,024
23,367,768
23,187,303
c
Investments—corporate bonds (attach schedule)
.......
7,906,517
3,636,312
3,426,311
11
Investments—land, buildings, and equipment: basis
Less: accumulated depreciation (attach schedule)
12
Investments—mortgage loans
.............
13
Investments—other (attach schedule)
..........
3,554,452
3,259,450
3,289,870
14
Land, buildings, and equipment: basis
Less: accumulated depreciation (attach schedule)
15
Other assets (describe
)
83,994
84,491
84,491
16
Total assets
(to be completed by all filers—see the
instructions. Also, see page 1, item I)
39,276,660
33,447,152
33,087,106
17
Accounts payable and accrued expenses
..........
769
18
Grants payable
.................
480,000
753,000
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
)
67,000
0
23
Total liabilities
(add lines 17 through 22)
.........
547,769
753,000
Foundations that follow FASB ASC 958, check here
and complete lines 24, 25, 29 and 30.
24
Net assets without donor restrictions
...........
38,728,891
32,694,152
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)
.....
38,728,891
32,694,152
30
Total liabilities and net assets/fund balances
(see instructions)
.
39,276,660
33,447,152
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
38,728,891
2
Enter amount from Part I, line 27a
.....................
2
-1,423,975
3
Other increases not included in line 2 (itemize)
3
0
4
Add lines 1, 2, and 3
..........................
4
37,304,916
5
Decreases not included in line 2 (itemize)
5
4,610,764
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29
.
6
32,694,152
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
BERKLEY W R CORP
P
2009-07-28
2019-04-03
b
BANK OF AMERICA
P
2018-06-27
2019-04-01
c
US TSY NOTE
P
2019-02-08
2019-04-30
d
US TSY NOTE
P
2018-10-31
2019-04-30
e
US TSY NOTE
P
2018-10-31
2019-04-01
US TSY NOTE
P
2018-11-02
2019-04-01
ACUITY BRANDS INC
P
2017-12-12
2019-05-29
ACUITY BRANDS INC
P
2017-12-13
2019-05-29
ACUITY BRANDS INC
P
2017-12-13
2019-05-29
ACUITY BRANDS INC
P
2018-01-09
2019-05-29
ACUITY BRANDS INC
P
2018-02-06
2019-05-29
ACUITY BRANDS INC
P
2018-02-08
2019-05-29
ACUITY BRANDS INC
P
2018-03-22
2019-05-29
ACUITY BRANDS INC
P
2018-04-04
2019-05-29
ACUITY BRANDS INC
P
2018-05-01
2019-05-29
CATALENT INC
P
2017-06-20
2019-05-29
CATALENT INC
P
2017-06-21
2019-05-29
CATALENT INC
P
2017-06-26
2019-05-29
CATALENT INC
P
2017-06-27
2019-05-29
CATALENT INC
P
2017-06-28
2019-05-29
CATALENT INC
P
2017-06-29
2019-05-29
CATALENT INC
P
2017-07-06
2019-05-29
CATALENT INC
P
2017-07-07
2019-05-29
CATALENT INC
P
2017-07-10
2019-05-29
CATALENT INC
P
2017-07-11
2019-05-29
CATALENT INC
P
2017-11-06
2019-05-29
CATALENT INC
P
2018-02-07
2019-05-29
CATALENT INC
P
2018-02-08
2019-05-29
CATALENT INC
P
2018-02-09
2019-05-29
CATALENT INC
P
2018-03-06
2019-05-29
CATALENT INC
P
2018-03-27
2019-05-29
COMCAST CORP CLASS A
P
2018-03-22
2019-05-29
COVETRUS INC
P
2016-09-23
2019-05-29
COVETRUS INC
P
2016-10-06
2019-05-29
COVETRUS INC
P
2016-10-11
2019-05-29
COVETRUS INC
P
2016-10-26
2019-05-29
COVETRUS INC
P
2016-11-21
2019-05-29
COVETRUS INC
P
2016-11-30
2019-05-29
COVETRUS INC
P
2017-04-04
2019-05-29
COVETRUS INC
P
2017-07-11
2019-05-29
COVETRUS INC
P
2017-08-08
2019-05-29
COVETRUS INC
P
2017-09-19
2019-05-29
EVERSET RE GROUP LTD
P
2017-10-13
2019-05-29
EVERSET RE GROUP LTD
P
2017-10-30
2019-05-29
EVERSET RE GROUP LTD
P
2018-03-27
2019-05-29
EVERSET RE GROUP LTD
P
2018-04-20
2019-05-29
EVERSET RE GROUP LTD
P
2018-04-24
2019-05-29
HENRY SCHEIN INC
P
2016-09-23
2019-05-29
HENRY SCHEIN INC
P
2016-10-06
2019-05-29
HENRY SCHEIN INC
P
2016-10-11
2019-05-29
HENRY SCHEIN INC
P
2016-10-26
2019-05-29
HENRY SCHEIN INC
P
2016-11-21
2019-05-29
HENRY SCHEIN INC
P
2016-11-30
2019-05-29
HENRY SCHEIN INC
P
2017-04-04
2019-05-29
HENRY SCHEIN INC
P
2017-07-11
2019-05-29
HENRY SCHEIN INC
P
2017-08-08
2019-05-29
HENRY SCHEIN INC
P
2017-09-19
2019-05-29
MARRIOTT INTL INC NEW CL A
P
2016-04-12
2019-05-29
MEDIDATA SOLUTIONS INC COM
P
2016-03-30
2019-05-29
MEDIDATA SOLUTIONS INC COM
P
2016-03-22
2019-05-29
MEDIDATA SOLUTIONS INC COM
P
2016-04-05
2019-05-29
MEDIDATA SOLUTIONS INC COM
P
2016-04-07
2019-05-29
MEDIDATA SOLUTIONS INC COM
P
2016-07-26
2019-05-29
MEDIDATA SOLUTIONS INC COM
P
2016-07-27
2019-05-29
MEDIDATA SOLUTIONS INC COM
P
2016-07-28
2019-05-29
MEDIDATA SOLUTIONS INC COM
P
2016-07-29
2019-05-29
MEDIDATA SOLUTIONS INC COM
P
2017-01-05
2019-05-29
MEDIDATA SOLUTIONS INC COM
P
2017-11-07
2019-05-29
MEDIDATA SOLUTIONS INC COM
P
2018-01-24
2019-05-29
MEDIDATA SOLUTIONS INC COM
P
2018-01-25
2019-05-29
MEDIDATA SOLUTIONS INC COM
P
2018-03-16
2019-05-29
MICROSOFT CORP
P
2009-01-07
2019-05-29
NAVIGATORS GROUP INC
P
2014-01-03
2019-05-24
NAVIGATORS GROUP INC
P
2014-01-06
2019-05-24
NAVIGATORS GROUP INC
P
2014-01-07
2019-05-24
NAVIGATORS GROUP INC
P
2017-12-19
2019-05-24
NAVIGATORS GROUP INC
P
2018-01-03
2019-05-24
NAVIGATORS GROUP INC
P
2018-01-08
2019-05-24
NAVIGATORS GROUP INC
P
2018-02-06
2019-05-24
NAVIGATORS GROUP INC
P
2018-02-09
2019-05-24
ORACLE GROUP
P
2012-01-12
2019-05-29
ORACLE GROUP
P
2012-06-01
2019-05-29
ORACLE GROUP
P
2012-08-02
2019-05-29
ORACLE GROUP
P
2012-10-18
2019-05-29
SABRE CORP
P
2017-02-27
2019-05-29
ORACLE GROUP
P
2013-03-21
2019-05-29
SABRE CORP
P
2017-08-24
2019-05-29
SABRE CORP
P
2017-08-25
2019-05-29
SABRE CORP
P
2017-08-28
2019-05-29
SABRE CORP
P
2017-08-29
2019-05-29
SABRE CORP
P
2017-08-30
2019-05-29
SABRE CORP
P
2017-08-31
2019-05-29
SABRE CORP
P
2017-09-01
2019-05-29
STERICYCLE INC
P
2016-09-09
2019-05-29
STERICYCLE INC
P
2016-09-09
2019-05-29
STERICYCLE INC
P
2016-09-12
2019-05-29
STERICYCLE INC
P
2016-09-12
2019-05-29
STERICYCLE INC
P
2016-09-13
2019-05-29
STERICYCLE INC
P
2016-10-11
2019-05-29
STERICYCLE INC
P
2016-11-07
2019-05-29
STERICYCLE INC
P
2016-11-11
2019-05-29
STERICYCLE INC
P
2016-12-07
2019-05-29
STERICYCLE INC
P
2017-12-20
2019-05-29
STERICYCLE INC
P
2017-12-22
2019-05-29
STERICYCLE INC
P
2018-03-22
2019-05-29
STERICYCLE INC
P
2018-03-27
2019-05-29
STERICYCLE INC
P
2018-03-28
2019-05-29
TRACTOR SUPPLY CO
P
2018-02-14
2019-05-29
TRACTOR SUPPLY CO
P
2018-02-15
2019-05-29
TRACTOR SUPPLY CO
P
2018-03-06
2019-05-29
TRACTOR SUPPLY CO
P
2018-03-27
2019-05-29
VANGUARD TOTAL BD MKT INDX ADM
P
2017-07-28
2019-05-29
VANGUARD TOTAL BD MKT INDX ADM
P
2017-07-31
2019-05-29
VANGUARD TOTAL BD MKT INDX ADM
P
2017-08-31
2019-05-29
VANGUARD TOTAL BD MKT INDX ADM
P
2017-09-30
2019-05-29
VANGUARD TOTAL BD MKT INDX ADM
P
2017-10-31
2019-05-29
VANGUARD TOTAL BD MKT INDX ADM
P
2017-11-30
2019-05-29
VANGUARD TOTAL BD MKT INDX ADM
P
2017-12-26
2019-05-29
VANGUARD TOTAL BD MKT INDX ADM
P
2017-12-31
2019-05-29
VANGUARD TOTAL BD MKT INDX ADM
P
2018-01-31
2019-05-29
VANGUARD TOTAL BD MKT INDX ADM
P
2018-02-28
2019-05-29
VANGUARD TOTAL BD MKT INDX ADM
P
2018-03-30
2019-05-29
VANGUARD TOTAL BD MKT INDX ADM
P
2018-03-31
2019-05-29
VANGUARD TOTAL BD MKT INDX ADM
P
2018-04-30
2019-05-29
APPLE INC
P
2018-12-04
2019-05-06
FOX CORP CL B
P
2019-03-19
2019-05-29
FOX CORP CL B
P
2019-03-19
2019-05-29
FOX CORP CL B
P
2019-03-19
2019-05-29
FOX CORP CL B
P
2019-03-19
2019-05-29
FOX CORP CL B
P
2019-03-19
2019-05-29
POLARIS IND INC
P
2018-07-25
2019-05-29
POLARIS IND INC
P
2018-08-07
2019-05-29
US TSY NOTE
P
2018-11-08
2019-05-31
US TSY NOTE
P
2019-04-01
2019-05-31
VANGUARD TOTAL BD MKT INDX ADM
P
2018-05-31
2019-05-29
VANGUARD TOTAL BD MKT INDX ADM
P
2018-06-29
2019-05-29
VANGUARD TOTAL BD MKT INDX ADM
P
2018-07-31
2019-05-29
VANGUARD TOTAL BD MKT INDX ADM
P
2018-08-31
2019-05-29
VANGUARD TOTAL BD MKT INDX ADM
P
2018-09-28
2019-05-29
VANGUARD TOTAL BD MKT INDX ADM
P
2018-10-31
2019-05-29
VANGUARD TOTAL BD MKT INDX ADM
P
2018-11-30
2019-05-29
VANGUARD TOTAL BD MKT INDX ADM
P
2018-12-31
2019-05-29
VANGUARD TOTAL BD MKT INDX ADM
P
2019-01-31
2019-05-29
VANGUARD TOTAL BD MKT INDX ADM
P
2019-02-28
2019-05-29
VANGUARD TOTAL BD MKT INDX ADM
P
2019-03-29
2019-05-29
VANGUARD TOTAL BD MKT INDX ADM
P
2019-04-30
2019-05-29
WALT DISNEY CO
P
2018-07-25
2019-05-30
WALT DISNEY CO HLDG CO
P
2018-06-25
2019-05-29
WALT DISNEY CO HLDG CO
P
2018-07-06
2019-05-29
RED HAT INC
P
2014-12-30
2019-07-09
RED HAT INC
P
2016-10-19
2019-07-09
RED HAT INC
P
2016-12-22
2019-07-09
TWITTER INC
P
2018-11-05
2019-07-19
US TSY NOTE
P
2018-10-01
2019-07-01
US TSY NOTE
P
2018-11-30
2019-07-31
US TSY NOTE
P
2019-05-29
2019-07-31
US TSY NOTE
P
2019-04-26
2019-08-15
LOWES COMPANIES
P
2018-12-04
2019-09-10
US TSY NOTE
P
2019-05-29
2019-09-03
US TSY NOTE
P
2019-05-16
2019-09-30
US TSY NOTE
P
2019-05-29
2019-10-31
US TSY NOTE
P
2019-07-24
2019-10-31
MOLSON COORS BREWING CO CL B
P
2014-12-30
2019-11-07
MOLSON COORS BREWING CO CL B
P
2015-07-02
2019-11-07
MOLSON COORS BREWING CO CL B
P
2016-02-12
2019-11-07
MOLSON COORS BREWING CO CL B
P
2016-11-11
2019-11-07
MOLSON COORS BREWING CO CL B
P
2016-11-30
2019-11-07
MOLSON COORS BREWING CO CL B
P
2017-02-15
2019-11-07
MOLSON COORS BREWING CO CL B
P
2017-10-03
2019-11-07
MOLSON COORS BREWING CO CL B
P
2017-10-04
2019-11-07
MOLSON COORS BREWING CO CL B
P
2017-10-11
2019-11-07
MOLSON COORS BREWING CO CL B
P
2017-10-11
2019-11-07
MOLSON COORS BREWING CO CL B
P
2017-12-01
2019-11-07
MOLSON COORS BREWING CO CL B
P
2017-12-01
2019-11-07
MOLSON COORS BREWING CO CL B
P
2018-02-09
2019-11-07
MOLSON COORS BREWING CO CL B
P
2018-02-12
2019-11-07
MOLSON COORS BREWING CO CL B
P
2018-03-23
2019-11-07
THE PROCTER & GAM
P
2018-06-29
2019-11-01
TUPPERWARE BRANDS CORP
P
2015-08-19
2019-11-07
TUPPERWARE BRANDS CORP
P
2015-08-21
2019-11-07
TUPPERWARE BRANDS CORP
P
2015-08-25
2019-11-07
TUPPERWARE BRANDS CORP
P
2018-04-11
2019-11-07
TUPPERWARE BRANDS CORP
P
2018-04-12
2019-11-07
TUPPERWARE BRANDS CORP
P
2018-04-13
2019-11-07
TUPPERWARE BRANDS CORP
P
2018-04-17
2019-11-07
TUPPERWARE BRANDS CORP
P
2018-04-18
2019-11-07
TUPPERWARE BRANDS CORP
P
2018-06-26
2019-11-07
UNITED TECHNOLOGI
P
2018-07-12
2019-11-01
GOLDMAN SACHS
P
2019-06-12
2019-11-26
LUTHER BURBANK SV
P
2019-09-03
2019-11-29
COMMERCE BANCSHARES
P
2015-05-04
2019-12-18
US TSY NOTE
P
2018-11-02
2019-12-02
US TSY NOTE
P
2018-11-08
2019-12-31
XCEL ENERGY INC
P
2018-11-29
2019-12-23
PEOPLES UTD CD
P
2019-09-03
2019-12-02
US TSY NOTE
P
2019-07-24
2019-12-02
US TSY NOTE
P
2019-07-30
2019-12-31
DOLLAR TREE INC
P
2019-02-13
2020-01-30
US TSY NOTE
P
2019-07-31
2020-01-31
WELLS FARGO BK NA
P
2019-10-15
2020-01-14
CRANE CO
P
2016-01-19
2020-02-28
CRANE CO
P
2016-10-11
2020-02-28
CRANE CO
P
2016-10-13
2020-02-28
CRANE CO
P
2017-01-31
2020-02-28
CRANE CO
P
2018-04-25
2020-02-28
HERMAN MILLER INC
P
2016-03-24
2020-02-28
HERMAN MILLER INC
P
2016-06-28
2020-02-28
HERMAN MILLER INC
P
2016-10-04
2020-02-28
HERMAN MILLER INC
P
2016-10-05
2020-02-28
HERMAN MILLER INC
P
2016-10-06
2020-02-28
HERMAN MILLER INC
P
2018-04-27
2020-02-28
HERMAN MILLER INC
P
2018-04-30
2020-02-28
ITURAN LOCATION AND CTRL LTD
P
2013-12-30
2020-02-28
ITURAN LOCATION AND CTRL LTD
P
2014-01-10
2020-02-28
ITURAN LOCATION AND CTRL LTD
P
2014-10-07
2020-02-28
ITURAN LOCATION AND CTRL LTD
P
2016-02-24
2020-02-28
ITURAN LOCATION AND CTRL LTD
P
2016-02-29
2020-02-28
ITURAN LOCATION AND CTRL LTD
P
2016-03-02
2020-02-28
ITURAN LOCATION AND CTRL LTD
P
2016-06-02
2020-02-28
ITURAN LOCATION AND CTRL LTD
P
2018-04-03
2020-02-28
MASIMO CORPORATION
P
2017-12-22
2020-02-28
MASIMO CORPORATION
P
2017-12-29
2020-02-28
MASIMO CORPORATION
P
2018-01-04
2020-02-28
MASIMO CORPORATION
P
2018-01-11
2020-02-28
MASIMO CORPORATION
P
2018-01-17
2020-02-28
MICROSOFT CORP
P
2009-01-07
2020-02-28
MSC INDL DIRECT CO CLASS A
P
2017-07-12
2020-02-28
MSC INDL DIRECT CO CLASS A
P
2017-08-09
2020-02-28
MSC INDL DIRECT CO CLASS A
P
2017-08-10
2020-02-28
US TSY NOTE
P
2019-08-30
2020-02-18
AMETEK INC NEW
P
2016-10-28
2020-03-25
AMETEK INC NEW
P
2016-11-01
2020-03-25
AMETEK INC NEW
P
2016-11-02
2020-03-25
AMETEK INC NEW
P
2016-11-02
2020-03-25
AMETEK INC NEW
P
2016-11-03
2020-03-25
AMETEK INC NEW
P
2016-11-03
2020-03-25
AMETEK INC NEW
P
2016-11-04
2020-03-25
AMETEK INC NEW
P
2016-11-29
2020-03-25
AMETEK INC NEW
P
2016-12-01
2020-03-25
AMETEK INC NEW
P
2017-01-04
2020-03-25
ARTHUR J GALLAGHER
P
2014-12-30
2020-03-31
ARTHUR J GALLAGHER
P
2018-04-03
2020-03-31
ARTHUR J GALLAGHER
P
2018-05-09
2020-03-31
BEAZER HOMES USA INC COM NEW
P
2018-07-11
2020-03-27
BEAZER HOMES USA INC COM NEW
P
2018-11-13
2020-03-27
CHEVRON CORP
P
2018-10-12
2020-03-03
CITIGROUP INC
P
2018-08-29
2020-03-27
DELUXE CORPORATION
P
2018-08-07
2020-03-31
DELUXE CORPORATION
P
2018-10-08
2020-03-31
GATES INDUSTRIAL CORP PLC
P
2018-01-25
2020-03-27
GATES INDUSTRIAL CORP PLC
P
2018-01-25
2020-03-27
GATES INDUSTRIAL CORP PLC
P
2018-01-26
2020-03-27
GATES INDUSTRIAL CORP PLC
P
2018-01-29
2020-03-27
GATES INDUSTRIAL CORP PLC
P
2018-02-02
2020-03-27
GATES INDUSTRIAL CORP PLC
P
2018-02-05
2020-03-27
GATES INDUSTRIAL CORP PLC
P
2018-02-06
2020-03-27
GATES INDUSTRIAL CORP PLC
P
2018-02-08
2020-03-27
GATES INDUSTRIAL CORP PLC
P
2018-02-12
2020-03-27
GATES INDUSTRIAL CORP PLC
P
2018-02-14
2020-03-27
GATES INDUSTRIAL CORP PLC
P
2018-02-16
2020-03-27
GATES INDUSTRIAL CORP PLC
P
2018-02-20
2020-03-27
GATES INDUSTRIAL CORP PLC
P
2018-02-22
2020-03-27
GATES INDUSTRIAL CORP PLC
P
2018-02-23
2020-03-27
GATES INDUSTRIAL CORP PLC
P
2018-03-14
2020-03-27
GATES INDUSTRIAL CORP PLC
P
2018-03-15
2020-03-27
GATES INDUSTRIAL CORP PLC
P
2018-03-16
2020-03-27
GATES INDUSTRIAL CORP PLC
P
2018-03-21
2020-03-27
GATES INDUSTRIAL CORP PLC
P
2018-03-27
2020-03-27
GATES INDUSTRIAL CORP PLC
P
2018-03-29
2020-03-27
GATES INDUSTRIAL CORP PLC
P
2018-05-03
2020-03-27
GATES INDUSTRIAL CORP PLC
P
2018-05-09
2020-03-27
INTL FLAVORS & FRAGRANCES
P
2017-01-11
2020-03-04
INTL FLAVORS & FRAGRANCES
P
2017-01-12
2020-03-04
INTL FLAVORS & FRAGRANCES
P
2018-03-27
2020-03-04
INTL FLAVORS & FRAGRANCES
P
2018-03-28
2020-03-04
INTL FLAVORS & FRAGRANCES
P
2018-05-07
2020-03-04
INTL FLAVORS & FRAGRANCES
P
2018-05-08
2020-03-04
INTL FLAVORS & FRAGRANCES
P
2018-05-23
2020-03-04
LIBERTY GLOBAL PLC CL C
P
2014-01-06
2020-03-04
LIBERTY GLOBAL PLC CL C
P
2014-01-07
2020-03-04
LIBERTY GLOBAL PLC CL C
P
2014-09-09
2020-03-04
LIBERTY GLOBAL PLC CL C
P
2018-02-05
2020-03-04
MOHAWK INDUSTRIES INC
P
2018-10-31
2020-03-27
MOHAWK INDUSTRIES INC
P
2018-12-27
2020-03-27
PATTERSON COMPANIES INC
P
2018-10-08
2020-03-27
TRACTOR SUPPLY CO
P
2017-07-26
2020-03-31
TRACTOR SUPPLY CO
P
2017-07-27
2020-03-31
TRACTOR SUPPLY CO
P
2017-08-04
2020-03-31
TRACTOR SUPPLY CO
P
2017-08-14
2020-03-31
TRACTOR SUPPLY CO
P
2017-08-14
2020-03-31
TRACTOR SUPPLY CO
P
2017-01-01
2020-03-31
TRACTOR SUPPLY CO
P
2017-10-24
2020-03-31
TRACTOR SUPPLY CO
P
2017-10-25
2020-03-31
TRACTOR SUPPLY CO
P
2017-10-26
2020-03-31
TRACTOR SUPPLY CO
P
2018-03-27
2020-03-31
TRACTOR SUPPLY CO
P
2018-04-17
2020-03-31
UNITED TECHNOLOGI
P
2019-02-13
2020-03-04
VANGUARD FTSE DEVELOPED MKTS E
P
2018-06-11
2020-03-31
WATERS CORP
P
2014-12-30
2020-03-31
WATERS CORP
P
2015-01-06
2020-03-31
WATERS CORP
P
2015-01-12
2020-03-31
WATERS CORP
P
2016-10-25
2020-03-31
WATERS CORP
P
2016-11-23
2020-03-31
WATERS CORP
P
2017-10-24
2020-03-31
WATERS CORP
P
2018-02-12
2020-03-31
WATERS CORP
P
2018-03-29
2020-03-31
WATERS CORP
P
2018-04-24
2020-03-31
WATERS CORP
P
2018-05-23
2020-03-31
WELLS FARGO & CO NEW
P
2017-05-02
2020-03-04
WELLS FARGO & CO NEW
P
2017-05-05
2020-03-04
WELLS FARGO & CO NEW
P
2018-02-08
2020-03-04
WELLS FARGO & CO NEW
P
2017-05-09
2020-03-04
WELLS FARGO & CO NEW
P
2018-05-14
2020-03-04
ZIMMER BIOMET HLDGS INC COM
P
2018-06-26
2020-03-27
ZIMMER BIOMET HLDGS INC COM
P
2018-07-24
2020-03-27
ZIMMER BIOMET HLDGS INC COM
P
2018-08-15
2020-03-27
BEAZER HOMES USA INC COM NEW
P
2019-08-07
2020-03-27
BEAZER HOMES USA INC COM NEW
P
2019-09-11
2020-03-27
CAMPING WRLD HLD CL A
P
2019-11-19
2020-03-04
DELUXE CORPORATION
P
2019-11-07
2020-03-31
MARCUS & MILLICHAP INC COM
P
2019-08-07
2020-03-31
US TSY NOTE
P
2020-03-12
2020-03-24
US TSY NOTE
P
2019-11-07
2020-03-31
SCULPTOR REAL ESTATE PARALLEL FUND III B LP
P
RXR REAL ESTATE VALUE ADDED FUND
P
RXR REAL ESTATE VALUE ADDED FUND
P
WELLS FARGO
P
(e)
Gross sales price
(f)
Depreciation allowed
(or allowable)
(g)
Cost or other basis
plus expense of sale
(h)
Gain or (loss)
(e) plus (f) minus (g)
a
28
7
21
b
200,000
201,162
-1,162
c
500,000
499,199
801
d
500,000
497,910
2,090
e
500,000
498,301
1,699
500,000
498,359
1,641
9,625
12,696
-3,071
8,175
10,284
-2,109
5,010
6,541
-1,531
9,757
11,702
-1,945
2,242
2,494
-252
8,439
9,327
-888
16,613
17,043
-430
8,966
8,433
533
33,754
29,076
4,678
13,471
11,222
2,249
13,471
11,306
2,165
5,838
4,831
1,007
2,694
2,171
523
4,491
3,582
909
5,389
4,222
1,167
8,981
7,058
1,923
4,490
3,559
931
4,490
3,574
916
5,389
4,329
1,060
3,592
3,206
386
4,490
4,144
346
4,490
4,129
361
898
802
96
3,592
3,263
329
3,143
2,817
326
42,052
33,573
8,479
922
1,634
-712
1,639
2,864
-1,225
819
1,414
-595
1,434
2,305
-871
819
1,331
-512
1,229
2,007
-778
205
371
-166
205
397
-192
819
1,542
-723
102
174
-72
24,312
24,150
162
14,587
14,298
289
9,725
10,146
-421
8,509
8,578
-69
8,509
8,614
-105
5,887
5,793
94
10,466
10,155
311
5,233
5,014
219
9,158
8,173
985
5,233
4,720
513
7,850
7,117
733
1,308
1,316
-8
1,308
1,409
-101
5,233
5,468
-235
654
616
38
25,355
13,795
11,560
7,152
3,056
4,096
2,682
1,095
1,587
8,940
3,886
5,054
5,364
2,383
2,981
8,940
5,278
3,662
8,940
5,284
3,656
8,940
5,335
3,605
1,788
1,063
725
8,046
4,676
3,370
4,470
3,275
1,195
8,940
6,970
1,970
2,682
2,093
589
8,046
6,061
1,985
56,065
9,108
46,957
10,710
4,766
5,944
4,480
2,001
2,479
4,760
2,126
2,634
6,860
4,766
2,094
3,500
2,428
1,072
30,100
20,933
9,167
2,310
1,563
747
1,540
1,051
489
20,589
10,757
9,832
3,603
1,830
1,773
15,441
8,979
6,462
10,294
6,193
4,101
11,212
12,028
-816
1,544
980
564
8,145
7,341
804
12,471
11,280
1,191
6,479
5,876
603
7,556
6,848
708
5,078
4,633
445
4,123
3,736
387
2,722
2,473
249
3,197
5,756
-2,559
2,740
4,934
-2,194
4,567
8,267
-3,700
4,567
8,237
-3,670
13,700
24,690
-10,990
2,740
4,571
-1,831
1,370
2,236
-866
1,370
2,249
-879
5,480
8,636
-3,156
4,567
6,873
-2,306
2,740
4,125
-1,385
4,567
6,051
-1,484
4,567
5,914
-1,347
1,370
1,772
-402
9,891
6,767
3,124
3,957
2,798
1,159
18,794
12,300
6,494
2,967
1,807
1,160
220,409
221,229
-820
6,165
6,188
-23
7,350
7,425
-75
7,200
7,220
-20
7,433
7,446
-13
7,290
7,277
13
1,324
1,319
5
6,491
6,491
0
6,361
6,278
83
6,068
5,916
152
698
683
15
6,627
6,485
142
6,591
6,382
209
100,000
100,100
-100
18,902
21,453
-2,551
14,177
16,090
-1,913
9,747
11,062
-1,315
2,363
2,682
-319
2,056
2,333
-277
25,143
32,753
-7,610
16,762
22,110
-5,348
500,000
496,094
3,906
500,000
499,258
742
6,820
6,630
190
5,804
5,631
173
6,943
6,724
219
6,957
6,757
200
6,913
6,662
251
6,524
6,227
297
3,147
3,012
135
1,618
1,573
45
1,630
1,597
33
1,443
1,409
34
830
825
5
812
805
7
100,000
100,299
-299
4,066
3,244
822
39,349
31,490
7,859
164,350
60,113
104,237
15,200
6,239
8,961
17,100
6,247
10,853
99,405
96,970
2,435
1,000,000
990,703
9,297
500,000
496,758
3,242
500,000
499,375
625
500,000
501,777
-1,777
50,000
50,173
-173
500,000
498,965
1,035
1,000,000
997,461
2,539
500,000
498,125
1,875
500,000
499,180
820
29,033
40,454
-11,421
2,688
3,508
-820
1,075
1,676
-601
1,075
1,980
-905
3,763
6,988
-3,225
537
988
-451
5,376
8,202
-2,826
3,226
4,991
-1,765
8,602
13,444
-4,842
5,376
8,393
-3,017
5,376
7,932
-2,556
3,763
5,547
-1,784
3,764
5,210
-1,446
2,150
3,046
-896
2,151
2,891
-740
110,000
110,417
-417
1,134
6,321
-5,187
2,081
11,037
-8,956
1,528
7,568
-6,040
1,657
6,969
-5,312
2,505
10,595
-8,090
651
2,751
-2,100
740
3,248
-2,508
976
4,338
-3,362
3,521
15,041
-11,520
100,000
100,324
-324
245,000
244,826
174
242,000
241,978
22
44
22
22
500,000
494,766
5,234
500,000
494,785
5,215
100,000
101,431
-1,431
110,000
109,985
15
500,000
499,453
547
500,000
499,492
508
68,000
68,000
0
1,000,000
999,766
234
145,000
145,261
-261
2,380
1,575
805
9,656
8,635
1,021
3,604
3,220
384
4,284
4,475
-191
2,992
3,881
-889
4,094
3,601
493
5,677
4,676
1,001
9,048
7,456
1,592
6,261
5,161
1,100
7,122
5,882
1,240
1,135
1,034
101
9,599
8,744
855
8,036
7,690
346
8,904
9,012
-108
1,959
1,863
96
1,603
1,240
363
3,539
2,731
808
7,034
5,429
1,605
9,973
9,814
159
15,761
21,966
-6,205
3,265
1,724
1,541
6,530
3,403
3,127
20,407
10,980
9,427
16,325
8,598
7,727
13,877
7,361
6,516
78,043
10,120
67,923
31,275
37,679
-6,404
5,822
6,534
-712
4,397
4,935
-538
1,000,000
1,007,461
-7,461
6,068
4,009
2,059
6,742
4,477
2,265
38,430
25,457
12,973
6,742
4,447
2,295
13,484
8,898
4,586
6,742
4,434
2,308
2,023
1,331
692
1,686
1,149
537
5,057
3,653
1,404
674
497
177
54,147
31,584
22,563
3,282
2,714
568
5,743
4,807
936
37,073
77,987
-40,914
14,829
21,703
-6,874
100,000
100,345
-345
100,000
105,243
-5,243
25,950
58,978
-33,028
12,975
27,670
-14,695
5,117
13,300
-8,183
4,825
12,564
-7,739
2,924
7,525
-4,601
731
1,902
-1,171
731
1,919
-1,188
731
1,828
-1,097
731
1,833
-1,102
1,462
3,730
-2,268
731
1,805
-1,074
731
1,867
-1,136
731
1,839
-1,108
731
1,817
-1,086
731
1,776
-1,045
731
1,707
-976
4,240
10,490
-6,250
731
1,788
-1,057
731
1,818
-1,087
512
1,284
-772
2,193
5,258
-3,065
146
346
-200
731
1,501
-770
658
1,386
-728
10,130
9,237
893
12,663
11,589
1,074
8,864
9,543
-679
5,065
5,432
-367
12,663
12,693
-30
5,065
5,067
-2
15,195
14,988
207
7,533
14,103
-6,570
15,065
28,160
-13,095
13,182
23,331
-10,149
5,179
9,896
-4,717
55,271
88,509
-33,238
23,687
34,696
-11,009
48,374
71,445
-23,071
11,233
6,952
4,281
8,641
5,675
2,966
11,233
7,260
3,973
8,641
5,352
3,289
4,320
2,707
1,613
4,320
2,959
1,361
8,641
5,817
2,824
2,592
1,745
847
10,369
6,740
3,629
6,049
4,217
1,832
10,369
7,038
3,331
100,000
100,028
-28
99,523
135,628
-36,105
40,588
25,033
15,555
18,449
11,242
7,207
11,992
7,560
4,432
3,690
2,824
866
9,225
6,852
2,373
11,069
11,093
-24
5,535
5,869
-334
3,690
3,997
-307
9,225
9,630
-405
5,535
5,842
-307
36,796
48,927
-12,131
32,707
44,033
-11,326
28,619
39,441
-10,822
36,796
49,599
-12,803
8,177
10,900
-2,723
47,327
56,315
-8,988
18,931
22,915
-3,984
28,396
36,833
-8,437
7,415
11,770
-4,355
14,829
27,405
-12,576
86,490
86,086
404
12,975
26,285
-13,310
54,118
68,230
-14,112
1,000,000
1,000,000
0
1,000,000
1,002,617
-2,617
287
287
20
20
19,062
19,062
1,402
-1,402
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
b
-1,162
c
801
d
2,090
e
1,699
1,641
-3,071
-2,109
-1,531
-1,945
-252
-888
-430
533
4,678
2,249
2,165
1,007
523
909
1,167
1,923
931
916
1,060
386
346
361
96
329
326
8,479
-712
-1,225
-595
-871
-512
-778
-166
-192
-723
-72
162
289
-421
-69
-105
94
311
219
985
513
733
-8
-101
-235
38
11,560
4,096
1,587
5,054
2,981
3,662
3,656
3,605
725
3,370
1,195
1,970
589
1,985
46,957
5,944
2,479
2,634
2,094
1,072
9,167
747
489
9,832
1,773
6,462
4,101
-816
564
804
1,191
603
708
445
387
249
-2,559
-2,194
-3,700
-3,670
-10,990
-1,831
-866
-879
-3,156
-2,306
-1,385
-1,484
-1,347
-402
3,124
1,159
6,494
1,160
-820
-23
-75
-20
-13
13
5
0
83
152
15
142
209
-100
-2,551
-1,913
-1,315
-319
-277
-7,610
-5,348
3,906
742
190
173
219
200
251
297
135
45
33
34
5
7
-299
822
7,859
104,237
8,961
10,853
2,435
9,297
3,242
625
-1,777
-173
1,035
2,539
1,875
820
-11,421
-820
-601
-905
-3,225
-451
-2,826
-1,765
-4,842
-3,017
-2,556
-1,784
-1,446
-896
-740
-417
-5,187
-8,956
-6,040
-5,312
-8,090
-2,100
-2,508
-3,362
-11,520
-324
174
22
22
5,234
5,215
-1,431
15
547
508
0
234
-261
805
1,021
384
-191
-889
493
1,001
1,592
1,100
1,240
101
855
346
-108
96
363
808
1,605
159
-6,205
1,541
3,127
9,427
7,727
6,516
67,923
-6,404
-712
-538
-7,461
2,059
2,265
12,973
2,295
4,586
2,308
692
537
1,404
177
22,563
568
936
-40,914
-6,874
-345
-5,243
-33,028
-14,695
-8,183
-7,739
-4,601
-1,171
-1,188
-1,097
-1,102
-2,268
-1,074
-1,136
-1,108
-1,086
-1,045
-976
-6,250
-1,057
-1,087
-772
-3,065
-200
-770
-728
893
1,074
-679
-367
-30
-2
207
-6,570
-13,095
-10,149
-4,717
-33,238
-11,009
-23,071
4,281
2,966
3,973
3,289
1,613
1,361
2,824
847
3,629
1,832
3,331
-28
-36,105
15,555
7,207
4,432
866
2,373
-24
-334
-307
-405
-307
-12,131
-11,326
-10,822
-12,803
-2,723
-8,988
-3,984
-8,437
-4,355
-12,576
404
-13,310
-14,112
0
-2,617
287
20
19,062
-1,402
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
9,473
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
2,105,925
39,492,637
0.053324
2017
2,021,703
39,909,434
0.050657
2016
1,621,170
37,347,197
0.043408
2015
1,917,956
35,900,780
0.053424
2014
2,072,357
39,418,657
0.052573
2
Total
of line 1, column (d)
.....................
2
0.253386
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
0.050677
4
Enter the net value of noncharitable-use assets for 2019 from Part X, line 5
......
4
39,063,549
5
Multiply line 4 by line 3
......................
5
1,979,623
6
Enter 1% of net investment income (1% of Part I, line 27b)
...........
6
7,530
7
Add lines 5 and 6
........................
7
1,987,153
8
Enter qualifying distributions from Part XII, line 4
,.............
8
2,180,624
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
7,530
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
0
3
Add lines 1 and 2
...........................
3
7,530
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
7,530
6
Credits/Payments:
a
2019 estimated tax payments and 2018 overpayment credited to 2019
6a
33,569
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
33,569
8
Enter any
penalty
for underpayment of estimated tax.
Check here
if Form 2220 is attached.
8
0
9
Tax due.
If the total of lines 5 and 8 is more than line 7, enter
amount owed
.......
9
10
Overpayment.
If line 7 is more than the total of lines 5 and 8, enter the
amount overpaid
...
10
26,039
11
Enter the amount of line 10 to be:
Credited to 2020 estimated tax
26,039
Refunded
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.
$
0
(2)
On foundation managers.
$
0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.
$
0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?
.......
2
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments?
If "Yes," attach a conformed copy of the changes
....
3
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?
........
4a
No
b
If "Yes," has it filed a tax return on
Form 990-T
for this year?
...................
4b
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?
.........
5
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
By language in the governing instrument, or
By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument?
................
6
Yes
7
Did the foundation have at least $5,000 in assets at any time during the year?
If "Yes," complete Part II, col. (c),
and Part XV.
.................................
7
Yes
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
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
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 address
WWW.CIRESIWALBURNFOUNDATION.ORG
14
The books are in care of
DANIEL SELLERS
Telephone no.
(612) 280-8310
Located at
225 SOUTH 6TH STREEET SUITE 4600
MINNEAPOLIS
MN
ZIP+4
55402
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
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2019, did the foundation have any undistributed income (lines 6d
and 6e, Part XIII) for tax year(s) beginning before 2019?
.............
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
MICHAEL V CIRESI
CHAIR
20.00
0
0
0
225 SOUTH 6TH STREET SUITE 4600
MINNEAPOLIS
,
MN
55402
JOHN F EISBERG
VICE CHAIR
2.00
0
0
0
225 SOUTH 6TH STREET SUITE 4600
MINNEAPOLIS
,
MN
55402
LOUIS KING II
DIRECTOR
2.00
0
0
0
225 SOUTH 6TH STREET SUITE 4600
MINNEAPOLIS
,
MN
55402
MAUREEN KUCERA-WALSH
DIRECTOR
2.00
0
0
0
225 SOUTH 6TH STREET SUITE 4600
MINNEAPOLIS
,
MN
55402
MICHAEL J O'CONNELL
DIRECTOR
2.00
0
0
0
225 SOUTH 6TH STREET SUITE 4600
MINNEAPOLIS
,
MN
55402
CAROLYN SMALLWOOD
DIRECTOR
2.00
0
0
0
225 SOUTH 6TH STREET SUITE 4600
MINNEAPOLIS
,
MN
55402
ROBERTA WALBURN
SECRETARY/TREASURER
20.00
0
0
0
225 SOUTH 6TH STREET SUITE 4600
MINNEAPOLIS
,
MN
55402
DORIS BAYLOR
DIRECTOR
2.00
0
0
0
225 SOUTH 6TH STREET SUITE 4600
MINNEAPOLIS
,
MN
55402
GREG WENZ
CFO
5.00
0
0
0
225 SOUTH 6TH STREET SUITE 4600
MINNEAPOLIS
,
MN
55402
PATRICE RELERFORD
DIRECTOR OF IMPACT - ED
5.00
0
0
0
225 SOUTH 6TH STREET SUITE 4600
MINNEAPOLIS
,
MN
55402
GLORIA PEREZ
DIRECTOR
2.00
0
0
0
225 SOUTH 6TH STREET SUITE 4600
MINNEAPOLIS
,
MN
55402
JULIE SULLIVAN
DIRECTOR
2.00
0
0
0
225 SOUTH 6TH STREET SUITE 4600
MINNEAPOLIS
,
MN
55402
2
Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a)
Name and address of each employee paid more than $50,000
(b)
Title, and average
hours per week
devoted to position
(c)
Compensation
(d)
Contributions to
employee benefit
plans and deferred
compensation
(e)
Expense account,
other allowances
NONE
Total
number of other employees paid over $50,000
...................
0
Form
990-PF
(2019)
Form 990-PF (2019)
Page
7
Part VIII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
(continued)
3
Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a)
Name and address of each person paid more than $50,000
(b)
Type of service
(c)
Compensation
THE MINNEAPOLIS FOUNDATION
MANAGEMENT SERVICES
230,000
80 SOUTH 8TH STREET
MINNEAPOLIS
,
MN
554022115
Total
number of others receiving over $50,000 for professional services
.............
0
Part IX-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc.
Expenses
1
2
3
4
Part IX-B
Summary of Program-Related Investments
(see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2.
Amount
1
2
All other program-related investments. See instructions.
3
Total.
Add lines 1 through 3
.........................
0
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
36,575,050
b
Average of monthly cash balances
.......................
1b
2,084,165
c
Fair market value of all other assets (see instructions)
................
1c
999,210
d
Total
(add lines 1a, b, and c)
.........................
1d
39,658,425
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
39,658,425
4
Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
instructions)
.............................
4
594,876
5
Net value of noncharitable-use assets.
Subtract line 4 from line 3. Enter here and on Part V, line 4
5
39,063,549
6
Minimum investment return.
Enter 5% of line 5
..................
6
1,953,177
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
1,953,177
2a
Tax on investment income for 2019 from Part VI, line 5
......
2a
7,530
b
Income tax for 2019. (This does not include the tax from Part VI.)
...
2b
c
Add lines 2a and 2b
............................
2c
7,530
3
Distributable amount before adjustments. Subtract line 2c from line 1
............
3
1,945,647
4
Recoveries of amounts treated as qualifying distributions
................
4
0
5
Add lines 3 and 4
............................
5
1,945,647
6
Deduction from distributable amount (see instructions)
.................
6
0
7
Distributable amount
as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1
...
7
1,945,647
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
2,180,624
b
Program-related investments—total from Part IX-B
..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes
...............................
2
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)
....................
3a
b
Cash distribution test (attach the required schedule)
.................
3b
4
Qualifying distributions.
Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
4
2,180,624
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
7,530
6
Adjusted qualifying distributions.
Subtract line 5 from line 4
..............
6
2,173,094
Note:
The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
the section 4940(e) reduction of tax in those years.
Form
990-PF
(2019)
Form 990-PF (2019)
Page
9
Part XIII
Undistributed Income
(see instructions)
(a)
Corpus
(b)
Years prior to 2018
(c)
2018
(d)
2019
1
Distributable amount for 2019 from Part XI, line 7
1,945,647
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
......
65,402
c
From 2016
......
d
From 2017
......
80,567
e
From 2018
......
161,930
f
Total
of lines 3a through e
........
307,899
4
Qualifying distributions for 2019 from Part
XII, line 4:
$
2,180,624
a
Applied to 2018, but not more than line 2a
0
b
Applied to undistributed income of prior years
(Election required—see instructions)
.....
0
c
Treated as distributions out of corpus (Election
required—see instructions)
........
0
d
Applied to 2019 distributable amount
.....
1,945,647
e
Remaining amount distributed out of corpus
234,977
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).)
6
Enter the net total of each column as
indicated below:
a
Corpus. Add lines 3f, 4c, and 4e. Subtract line 5
542,876
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
9
Excess distributions carryover to 2020.
Subtract lines 7 and 8 from line 6a
......
542,876
10
Analysis of line 9:
a
Excess from 2015
....
65,402
b
Excess from 2016
....
c
Excess from 2017
....
80,567
d
Excess from 2018
....
161,930
e
Excess from 2019
....
234,977
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:
DANIEL SELLERS
225 SOUTH 6TH STREET 4600
MINNEAPOLIS
,
MN
55402
(612) 280-8310
DSELLERS@CIRESIWALBURNFOUNDATION.ORG
b
The form in which applications should be submitted and information and materials they should include:
APPLICANTS WILL USE THE CIRESI WALBURN FOUNDATION WEBSITE TO ELECTRONICALLY SUBMIT LETTERS OF INQUIRY (LOI) AND ADDITIONAL MATERIALS. GRANT AWARD DECISIONS WILL BE MADE IN NOVEMBER 2020. BEFORE SUBMITTING A PROPOSAL FOR FUNDING, PLEASE REVIEW THE ABOUT THE FOUNDATION TAB OF THE CIRESI WALBURN FOUNDATION FOR CHILDREN'S WEBSITE TO DETERMINE IF YOUR ORGANIZATION'S WORK ALIGNS WITH THE FOUNDATION'S GRANTMAKING PRIORITIES.
c
Any submission deadlines:
7/7 TO 8/7: LOI SUBMISSION 9/8 TO 10/9: FULL PROPOSAL SUBMISSION
d
Any restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
N/A
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
AMHERST H WILDER FOUNDATION
451 LEXINGTON PARKWAY NORTH
ST PAUL
,
MN
55104
NONE
PC
THE SAINT PAUL PROMISE NEIGHBORHOOD
80,000
ASCENSION CHURCH AND SCHOOL
1723 BRYANT AVE NORTH
MINNEAPOLIS
,
MN
55411
NONE
PC
ASCENSION CATHOLIC ACADEMY
100,000
CHILDREN'S THEATRE COMPANY AND SCHOOL
2400 THIRD AVENUE SOUTH
MINNEAPOLIS
,
MN
55404
NONE
PC
NIEGHBORHOOD BRIDGES
50,000
CLOSE GAPS BY 5
3948 MARKET STREET PO BOX 24885
MINNEAPOLIS
,
MN
55424
NONE
PC
GENERAL OPERATING SUPPORT
75,000
CRISTO REY JESUIT HIGH SCHOOL
2924 FOURTH AVENUE SOUTH
MINNEAPOLIS
,
MN
55408
NONE
PC
COLLEGE PREPARATORY ACADEMIC PROGRAM
75,000
ED ALLIES
1621 EAST HENNEPIN AVENUE SUITE 295
MINNEAPOLIS
,
MN
55414
NONE
PC
GENERAL OPERATING SUPPORT
200,000
HOPE ACADEMY
2300 CHICAGO AVENUE SOUTH
MINNEAPOLIS
,
MN
55404
NONE
PC
GROWING HOPE THROUGH HIGH QUALITY EDUCATION
60,000
MINNESOTA PRIVATE COLLEGE FUND
445 MINNESOTA STREET SUITE 500
ST PAUL
,
MN
55101
NONE
PC
RKMC FOUNDATION FOR CHILDREN SCHOLARSHIP AND CAPACITY BUILDING FOR AFRICAN AMERICAN MEN GRANTS ISSUED
221,000
NORTHSIDE ACHIEVEMENT ZONE
2123 WEST BROADWAY AVENUE SUITE 100
MINNEAPOLIS
,
MN
55411
NONE
PC
NORTHSIDE ACHIEVEMENT ZONE FAMILY AND SCHOOL ENGAGEMENT
100,000
RISEN CHRIST CATHOLIC SCHOOL
1120 EAST 37TH STREET
MINNEAPOLIS
,
MN
55407
NONE
PC
CLOSING THE ACHIEVEMENT GAP AT RISEN CHRIST
50,000
SUMMIT ACADEMY OIC
935 OLSON MEMORIAL HIGHWAY
MINNEAPOLIS
,
MN
554051359
NONE
PC
TRAINING THE EMERGING WORKFORCE
100,000
THINK SMALL
10 YORKTON COURT
ST PAUL
,
MN
551171065
NONE
PC
ADVANCING QUALITY EARLY CHILDHOOD CARE & EDUCATION
75,000
WAY TO GROW
125 WEST BROADWAY AVENUE SUITE 110
MINNEAPOLIS
,
MN
55411
NONE
PC
GREAT BY 8 EARLY CHILDHOOD EDUCATION
125,000
SOUTHERN MINNESOTA INITIATIVE FOUNDATION
525 FLORENCE AVENUE
OWTONNA
,
MN
55060
NONE
PC
ECONOMIC AND EARLY CHILDHOOD DEVELOPMENT AND COMMUNITY VITALITY
50,000
JOYCE PRESCHOOL
3400 PARK AVENUE
MINNEAPOLIS
,
MN
55407
NONE
PC
BILINGUAL AND MULTICULTURAL EARLY CHILDHOOD EDUCATION
25,000
THE NEW TEACHER PROJECT
500 7TH AVENUE 8TH FLOOR
NEW YORK
,
NY
10018
NONE
PC
ACHIEVE PUBLIC SCHOOL GOALS FOR STUDENTS
70,000
BREAKTHROUGH TWIN CITIES
2051 LARPENTEUR AVENUE E
ST PAUL
,
MN
55109
NONE
PC
PREPARE UNDER-RESOURCED STUDENTS FOR COLLEGE SUCCESS AND CULTIVATE THE NEXT GENERATION OF EDUCATORS.
40,000
REACH OUT AND READ MINNESOTA
701 N WASHINGTON AVENUE SUITE
111-112
MINNEAPOLIS
,
MN
55401
NONE
PC
INCORPORATE BOOKS INTO PEDIATRIC CARE AND ENCOURAGING FAMILIES TO READ TOGETHER
50,000
GLOBAL ACADEMY
3000 5TH ST NW
NEW BRIGHTON
,
MN
55112
NONE
PC
CHARTER SCHOOL THAT SEEKS TO SERVE A DIVERSE GROUP OF STUDENTS.
40,000
Total
.................................
3a
1,586,000
b
Approved for future payment
Total
.................................
3b
0
Form
990-PF
(2019)
Form 990-PF (2019)
Page
12
Part XVI-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated.
Unrelated business income
Excluded by section 512, 513, or 514
(e)
Related or exempt
function income
(See instructions.)
1
Program service revenue:
(a)
Business code
(b)
Amount
(c)
Exclusion code
(d)
Amount
a
b
c
d
e
f
g
Fees 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
926,872
5
Net rental income or (loss) from real estate:
a
Debt-financed property
......
b
Not debt-financed property
.....
6
Net rental income or (loss) from personal property
7
Other investment income
.....
14
1,633
66,393
8
Gain or (loss) from sales of assets other than
inventory
............
9,473
9
Net income or (loss) from special events:
10
Gross profit or (loss) from sales of inventory
11
Other revenue:
a
EXCISE TAX LIABILITY REDUCTION
0
0
b
c
d
e
12
Subtotal. Add columns (b), (d), and (e)
..
0
928,505
75,866
13
Total.
Add line 12, columns (b), (d), and (e)
..................
13
1,004,371
(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.)
11
REDUCTION IN DEFERRED EXCISE TAX LIABILITY RECORDED. GRANT MAKING HA
11
CONTINUOUSLY BEEN IN THE 1% SO LIABILITY WAS REDUCED ACCORDINGLY.
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