Form990-PF
Click to see attachment

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
Opus Foundation
 
Number and street (or P.O. box number if mail is not delivered to street address)Suite 2950 60 South 6th Street
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Minneapolis, MN55402
A Employer identification number

41-1983284
B Telephone number (see instructions)

(612) 440-2500
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$87,347,263J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 2,485,232
2 Check bullet.............
3 Interest on savings and temporary cash investments 79,533 79,533  
4 Dividends and interest from securities...      
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10  
b Gross sales price for all assets on line 6a  
7 Capital gain net income (from Part IV, line 2)... 1,746,516
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 9,934,745 1,759,944  
12 Total. Add lines 1 through 11........ 12,499,510 3,585,993  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 28,852 0   28,852
c Other professional fees (attach schedule).... Click to see attachment 499,313 7,000   492,313
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 64,116 50,350   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings....... 15,428 584   14,844
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 17,629 1,081,550   17,191
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 625,338 1,139,484   553,200
25 Contributions, gifts, grants paid....... 3,591,583 3,201,583
26 Total expenses and disbursements. Add lines 24 and 25 4,216,921 1,139,484   3,754,783
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 8,282,589
b Net investment income (if negative, enter -0-) 2,446,509
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.............      
2 Savings and temporary cash investments......... 6,171,260 4,495,321 4,495,321
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule).......      
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 72,493,717 Click to see attachment82,851,942 82,851,942
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 78,664,977 87,347,263 87,347,263
Liabilities 17 Accounts payable and accrued expenses..........   7,500
18 Grants payable.................   390,000
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 bullet)    
23 Total liabilities (add lines 17 through 22)......... 0 397,500
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 0 0
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 78,664,977 86,949,763
29 Total net assets or fund balances (see instructions)..... 78,664,977 86,949,763
30 Total liabilities and net assets/fund balances (see instructions). 78,664,977 87,347,263
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
78,664,977
2
Enter amount from Part I, line 27a .....................
2
8,282,589
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
2,197
4
Add lines 1, 2, and 3 ..........................
4
86,949,763
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
86,949,763
Form 990-PF (2019)
Form 990-PF (2019)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a Capital Gain Distributions From Partnerships P    
b Capital Gain Distributions From Partnerships P    
c Loeb Arbitrage Fund LT Capital Gain P    
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a     94,163 -94,163
b 1,839,417     1,839,417
c 1,262     1,262
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       -94,163
b       1,839,417
c       1,262
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 1,746,516
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 3,222,085 79,032,299 0.040769
2017 3,716,661 74,349,826 0.049989
2016 3,931,967 71,218,319 0.055210
2015 3,741,277 75,279,102 0.049699
2014 3,656,110 76,456,333 0.047820
2
Total of line 1, column (d) .....................
2
0.243487
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
0.048697
4
Enter the net value of noncharitable-use assets for 2019 from Part X, line 5......
4
82,171,494
5
Multiply line 4 by line 3......................
5
4,001,505
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
24,465
7
Add lines 5 and 6........................
7
4,025,970
8
Enter qualifying distributions from Part XII, line 4,.............
8
3,754,783
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 48,930
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 48,930
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 48,930
6 Credits/Payments:
a 2019 estimated tax payments and 2018 overpayment credited to 2019 6a 55,877
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c 29,500
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 85,377
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8 163
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 36,284
11 Enter the amount of line 10 to be: Credited to 2020 estimated taxBullet36,284 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 addressbulletN/A
    14
    The books are in care ofbulletTax Officer Telephone no.bullet (612) 440-2500

    Located atbulletSuite 2950 60 South 6th StreetMinneapolisMN ZIP+4bullet55402
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2019, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
    No
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2019?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2019, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2019?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2019 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2019.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2019?
    4b
     
    No
    Form 990-PF (2019)
    Form 990-PF (2019)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
     
    No
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    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
    Kristine Widmer President/Chair
    1.00     		0 0 0
    Suite 2950 60 South 6th Street
    Minneapolis,MN55402
    Kristin Ridley Vice President
    1.00     		0 0 0
    Suite 2950 60 South 6th Street
    Minneapolis,MN55402
    Kate Seng Vice President
    1.00     		0 0 0
    Suite 2950 60 South 6th Street
    Minneapolis,MN55402
    Carolyn Roby Treasurer/Secretary
    1.00     		0 0 0
    Suite 2950 60 South 6th Street
    Minneapolis,MN55402
    Kristen Grubb Tax Officer
    1.00     		0 0 0
    Suite 2950 60 South 6th Street
    Minneapolis,MN55402
    Joe Downs Director
    1.00     		0 0 0
    Suite 2950 60 South 6th Street
    Minneapolis,MN55402
    Dave Menke Director
    1.00     		0 0 0
    Suite 2950 60 South 6th Street
    Minneapolis,MN55402
    Tim Murnane Director
    1.00     		0 0 0
    Suite 2950 60 South 6th Street
    Minneapolis,MN55402
    Anne Peacock Director
    1.00     		0 0 0
    Suite 2950 60 South 6th Street
    Minneapolis,MN55402
    Kristine Rauenhorst Director
    1.00     		0 0 0
    Suite 2950 60 South 6th Street
    Minneapolis,MN55402
    Mary Weber Director
    1.00     		0 0 0
    Suite 2950 60 South 6th Street
    Minneapolis,MN55402
    Jeff Rauenhorst Vice President
    1.00     		0 0 0
    Suite 2950 60 South 6th Street
    Minneapolis,MN55402
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (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
    GHR Foundation Management/Philanthropy Services 510,915
    60 South 6th Street Suite 2950
    Minneapolis,MN55402
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Form 990-PF (2019)
    Form 990-PF (2019)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    56,104,449
    b
    Average of monthly cash balances.......................
    1b
    3,552,122
    c
    Fair market value of all other assets (see instructions)................
    1c
    23,766,266
    d
    Total (add lines 1a, b, and c).........................
    1d
    83,422,837
    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
    83,422,837
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    1,251,343
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    82,171,494
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    4,108,575
    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
    4,108,575
    2a
    Tax on investment income for 2019 from Part VI, line 5......
    2a
    48,930
    b
    Income tax for 2019. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    48,930
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    4,059,645
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    4,059,645
    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
    4,059,645
    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
    3,754,783
    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
    3,754,783
    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
    0
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    3,754,783
    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 4,059,645
    2 Undistributed income, if any, as of the end of 2019:
    a Enter amount for 2018 only....... 3,259,088
    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......  
    e From 2018......  
    fTotal of lines 3a through e........ 0
    4Qualifying distributions for 2019 from Part
    XII, line 4: bullet$ 3,754,783
    a Applied to 2018, but not more than line 2a 3,259,088
    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..... 495,695
    e Remaining amount distributed out of corpus 0
    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 0
    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 ..........     		3,563,950
    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 ......     		0
    10 Analysis of line 9:
    a Excess from 2015....  
    b Excess from 2016....  
    c Excess from 2017....  
    d Excess from 2018....  
    e Excess from 2019....  
    Form 990-PF (2019)
    Form 990-PF (2019)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2019, enter the date of the ruling....... 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
    360 Communities
    501 E Hwy 13 STE 102
    Burnsville,MN55337     		None PC Support for Farmington Foodshelf 1,000
    A New Leaf
    868 E University Drive
    Mesa,AZ85203     		None PC La Mesita After School/Summer Program & Youth Services 5,000
    Ability360
    5025 East Washington St Suite 200
    Phoenix,AZ85034     		None PC Teens with Disabilities Self Advocacy Education Program 5,000
    Academy of Holy Angels
    6600 Nicollet Ave S
    Richfield,MN55423     		None PC 2019-20 AHA Service Learning Program 5,000
    ACE Mentor Program of Colorado
    2133 Coronado Pkwy North Unit D
    Denver,CO80229     		None PC ACE Mentor Program 5,000
    ACE Mentor Program of St Louis
    10 S Broadway Suite 200
    St Louis,MO63102     		None PC ACE Mentor Program 5,000
    Adam's Camp
    6767 S Spruce St Suite 102
    Centennial,CO80112     		None PC Early Start Program 2,500
    Amarillo Habitat for Humanity Inc
    PO Box 775
    Amarillo,TX791050775     		None PC Collegiate Challenge-Iowa State Student Chapter of ASCE 1,500
    Anawim Housing
    1535 Linden Street
    Des,IA50309     		None PC 2019 Building Community Award Finalist 5,000
    Balance Autism
    1625 Adventureland Drive Suite B
    Altoona,IA50009     		None PC Children's Autism Project - CAP Center in Clive 5,000
    Ball State University Foundation
    AB 327 Ball State University
    Muncie,IN47306     		None PC 2019 Indiana NAIOP University Challenge 5,000
    Banner Health Foundation
    2901 N Central Avenue 160
    Phoenix,AZ85012     		None PC Patient Housing Assistance 5,000
    Benilde-St Margaret's School
    2501 Highway 100 South
    St Louis Park,MN55416     		None PC General Operations 10,000
    Berean Baptist Church
    309 County Road 42 E
    Burnsville,MN55306     		None PC Dominican Republic School Construction 3,000
    Beyond Ball
    4020 121st Street
    Urbandale,IA50323     		None PC Mentorship program 5,000
    Beyond Housing
    6506 Wright Way
    St Louis,MO63121     		None PC Tutoring Program 5,000
    Big Brothers Big Sisters of the Greater Twin Cities
    2550 University Avenue West Suite
    410N
    St Paul,MN55114     		None PC Capital Campaign 15,000
    Big Brothers Big Sisters of the Greater Twin Cities
    2550 University Avenue West Suite
    410N
    St Paul,MN55114     		None PC Online Training and Resource Platform 42,500
    Blank Children's Hospital
    1415 Woodland Avenue Suite E-200
    Des Moines,IA50309     		None PC STAR Center Foster Care Clinic Hope Closet 5,000
    Boy Scouts of America Grand Canyon Council
    2969 N Greenfield Road
    Phoenix,AZ85016     		None PC iTech Exploring Project 5,000
    Boys & Girls Clubs of Greater Kansas City
    4001 Blue Parkway Ste 102
    Kansas City,MO64130     		None PC Olathe Club Maker Space 50,000
    Boys & Girls Clubs of the Midlands
    2610 Hamilton Street
    Omaha,NE68131     		None PC Readers to Leaders Program in North Omaha Club 5,000
    Boys and Girls Club of Rochester
    1026 E Center Street
    Rochester,MN55904     		None PC Workforce Development program 5,000
    BoysGrow
    9301 East 147th St
    Kansas City,MO64149     		None PC Farm Expansion Program 5,000
    Building Futures
    112 Saint George Place
    Saint Louis,MO631194647     		None PC Program Enhancements and Capacity Building Efforts 75,400
    Camp Fire Minnesota
    4829 Minnetonka Blvd Suite 202
    St Louis Park,MN55416     		None PC Tanadoona Education Center 106,400
    Cardinal Ritter Senior Services
    7601 Watson Road
    St Louis,MO63119     		None PC Relatives Acting as Parents Program (RAPP) 5,000
    Cardinal Ritter Senior Services
    7601 Watson Road
    St Louis,MO63119     		None PC General Operations 15,000
    Catholic Charities of the Archdiocese of Saint Paul and Minneapolis
    1200 2nd Ave South
    Minneapolis,MN55403     		None PC Minneapolis Opportunity Center 5,000
    Catholic Climate Covenant
    415 Michigan Avenue NE Suite 260
    Washington,DC20017     		None PC General Operations 1,000
    Child Crisis Arizona
    817 N Country Club Drive
    Mesa,AZ85201     		None PC Mesa Preschool Expansion Project 50,000
    Children's Mercy Hospital
    2401 Gillham Road
    Kansas City,MO64108     		None PC Hospital-Based School Teacher Program 5,000
    Christ Community Lutheran School
    512 County Road 10
    Watertown,MN55388     		None PC General Operations 2,000
    Christopher House
    5235 West Belden Avenue
    Chicago,IL60639     		None PC Expanding Academic Rigor in Infant & Pre-School 50,000
    Cincinnati Youth Collaborative
    301 Oak Street
    Cincinnati,OH45219     		None PC Accreditation & Technology Enhancements 35,000
    City Year Kansas City
    415 Delaware St 3rd Floor
    Kansas City,MO64105     		None PC Whole School, Whole Child 5,000
    Clayton Century Foundation
    10 N Bemiston Ave
    Clayton,MO63105     		None PC Maryland Park 50,000
    Clayton Education Foundation
    2 Mark Twain Circle
    Clayton,MO63105     		None PC STEM program 5,000
    Colorado Coalition for the Homeless
    2111 Champa Street
    Denver,CO80205     		None PC Job Training Expansion 40,000
    CommonBond Communities
    1080 Montreal Ave
    St Paul,MN55116     		None PC Adult Education and Advancement program 35,000
    CommonBond Communities
    1080 Montreal Ave
    St Paul,MN55116     		None PC Advantage Services in Wisconsin Market 10,000
    Completely KIDS
    2566 St Marys Ave
    Omaha,NE68105     		None PC Community Based After-school Programs 5,000
    Construction Careers Foundation
    10590 Wayzata Blvd Suite 100
    Minnetonka,MN55305     		None PC Programming and Capacity Building 360,000
    Construction Education Foundation of Colorado
    1114 W 7th Ave Suite 200
    Denver,CO80204     		None PC Construction Careers Now 5,000
    Cookie Cart
    1119 West Broadway
    Minneapolis,MN55411     		None PC General Operations 2,000
    Cradles to Crayons Chicago
    4141 W George Street
    Chicago,IL60641     		None PC 2019 Building Community Award Finalist 5,000
    Cristo Rey Kansas City
    211 West Linwood Blvd
    Kansas City,MO64111     		None PC Project Lead the Way Curriculum 5,000
    CU Real Estate Center Leeds School of Business
    995 Regent Drive 419 UCB
    Boulder,CO80309     		None PC 2019 Rocky Mountain Real Estate Challenge, Graduate Student Case Competition 2,500
    Deborah's Place
    2822 W Jackson Blvd
    Chicago,IL60612     		None PC Community-Based Housing 5,000
    Denver Kids
    1617 S Acoma Street 2nd Floor
    Denver,CO80223     		None PC 2019 Building Community Award Finalist 5,000
    Denver Kids
    1617 S Acoma Street 2nd Floor
    Denver,CO80223     		None PC Denver Kids University 50,000
    DinoMights
    3400 Park Avenue S
    Minneapolis,MN55407     		None PC Seasonal Staff program 5,000
    Downtown Tempe Foundation
    310 S Mill Avenue Suite A-201
    Tempe,AZ85281     		None PC Art Supplies Grant Program 5,000
    Dress for Success Twin Cities
    1549 University Ave Suite A
    St Paul,MN55104     		None PC Professional Intelligence Program 2,500
    Elmhurst Art Museum
    150 S Cottage Hill Ave
    Elmhurst,IL60126     		None PC Art Installation at North Larch City Park 5,000
    Emily Griffith Foundation
    1860 Lincoln St Suite 605
    Denver,CO80203     		None SO I Virtual Design Academy Planning Project 150,000
    Environmental Learning for Kids (ELK)
    PO Box 21679
    Denver,CO80221     		None PC Evaluation for Youth Development Program Growth 25,000
    Feed My Starving Children
    401 93rd Avenue NW
    Coon Rapids,MN55433     		None PC Champlin Mega Pack Event 2,000
    Fraser
    2400 W 64th Street
    Minneapolis,MN55423     		None PC Career Planning and Employment Program 5,000
    Free Bikes 4 Kidz
    10914 Lexington Drive
    Eden Prairie,MN55344     		None PC Free Bikes 4 Kidz 2,500
    Freedom Farm
    11500 Ferman Ave SW
    Waverly,MN55390     		None PC General Operations 2,000
    Freedom for Youth Ministries
    2301 Hickman Road
    Des Moines,IA50310     		None PC Freedom Construction Services, LLC 50,000
    Friends of Kids with Cancer Inc
    16 Sunnen Dr Suite 161
    St Louis,MO63143     		None PC Educational Programming 5,000
    Friends of the Minnesota Sinfonia
    901 North Third Street Suite 112
    Minneapolis,MN55401     		None PC General Operations 5,000
    Gateway Region YMCA
    2815 Scott Avenue Suite D
    St Louis,MO63103     		None PC Chesterfield YMCA Early Childhood Education Center 5,000
    Giving the Basics Inc
    927 S 7th St Trafficway Suite 270
    D-2
    Kansas City,KS66123     		None PC Hygiene program 5,000
    Great River Greening
    251 Starkey Street 2200
    St Paul,MN55107     		None PC Field Learning for Teens 40,000
    Greater Chicago Food Depository
    4100 W Ann Lurie Pl
    Chicago,IL60632     		None PC After School Special Program 25,000
    Greater Des Moines Habitat for Humanity
    2200 E Euclid Avenue
    Des Moines,IA50317     		None PC Recognition for volunteer efforts 5,000
    Greater Indy Habitat for Humanity Inc
    3135 N Meridian St
    Indianapolis,IN46208     		None PC Recognition for volunteer efforts 5,000
    Greater Phoenix Chamber Foundation
    201 N Central Ave Suite 2700
    Phoenix,AZ85004     		None PC Build Your Future Arizona 5,000
    Greater Twin Cities United Way
    404 South 8th Street
    Minneapolis,MN55404     		None PC 2019 Workplace Giving Campaign 140,823
    Green Beret Foundation
    14402 Blanco Rd Suite 100
    San Antonio,TX78216     		None PC Transition Support - Next Ridgeline 5,000
    Habitat for Humanity Central Arizona
    9133 NW Grand Ave Suite 1
    Peoria,AZ85345     		None PC Recognition for volunteer efforts 5,000
    Habitat for Humanity Chicago
    1100 W Cermak Suite 404
    Chicago,IL60608     		None PC Affordable Homeownership Program 5,000
    Habitat for Humanity of Kansas City
    1423 E Linwood Blvd
    Kansas City,MO64109     		None PC Recognition for volunteer efforts 5,000
    Habitat for Humanity of Metro Denver Inc
    3245 Eliot Street
    Denver,CO80211     		None PC Recognition for volunteer efforts 5,000
    Habitat for Humanity Saint Louis
    3830 S Grand Ave
    St Louis,MO63118     		None PC Habitat for Humanity Build Day 5,000
    Handicapped Development Center
    3402 Hickory Grove Road
    Davenport,IA52806     		None PC HDC Enterprises 5,000
    Heart for the City
    PO Box 2
    Glendale,AZ85311     		None PC Community Garden 5,000
    Hearts & Hammers
    2599 Fairview Ave N
    St Paul,MN55113     		None PC Rehabilitation Program 1,000
    Home Sweet Home
    290 Hanley Industrial Court
    Brentwood,MO63144     		None PC Truck Maintenance and Gas 5,000
    Homeless Youth Connection
    9950 W Van Buren Street Suite 114
    Avondale,AZ85338     		None PC 2019 Building Community Award Finalist 5,000
    Hope Academy
    2300 Chicago Ave S
    Minneapolis,MN55404     		None PC Growing Hope Capital Campaign 50,000
    iMentor Chicago
    332 S Michigan Avenue 9th Floor
    Chicago,IL60546     		None PC Post-Secondary Program 2.0 38,000
    Jackie Joyner-Kersee Foundation
    101 Jackie Joyner Kersee Circle
    East St Louis,IL62204     		None PC 2019 Building Community Award Finalist 5,000
    Jackie Joyner-Kersee Foundation
    101 Jackie Joyner Kersee Circle
    East St Louis,IL62204     		None PC Design and Build Project 50,000
    Jefferson County Library Foundation
    10790 W50th Avenue 200
    Wheat Ridge,CO80033     		None PC Early Education Literacy Program 5,000
    Jeremiah Program
    615 1st Ave NE Suite 210
    Minneapolis,MN55413     		None PC General Operations 5,000
    Jewish Vocational Service
    4600 The Paseo
    Kansas City,MO64110     		None PC Workforce Development Services 5,000
    Jobs for Arizonas Graduates
    3320 W Cheryl Dr Suite B220
    Phoenix,AZ85051     		None PC Career and College Readiness Program 5,000
    Junior Achievement of Arizona
    636 W Southern Ave
    Tempe,AZ85282     		None PC Financial and Career Literacy Education 5,000
    Just Food
    1000 E 11th St
    Lawrence,KS66046     		None PC Access to Healthy Food 5,000
    Kesem
    10586 W Pico Blvd 196
    Los Angeles,CA90064     		None PC Student Leadership Development at Marquette University 5,000
    KidsTLC Inc
    480 S Rogers Road
    Olathe,KS66062     		None PC Trellis Center; Early Intervention & Educational Readiness Project 5,000
    Laumeier Sculpture Park
    12580 Rott Rd
    St Louis,MO631271212     		None PC STEAM into Laumeier 5,000
    Loaves & Fishes - Naperville
    1871 High Grove Ln
    Naperville,IL60540     		None PC Food Distribution 5,000
    Meals from the Heartland
    357 Lincoln Street
    West Des Moines,IA50265     		None PC Hunger Fight 5,000
    Metro Leadership League
    1 Conway Village Court
    Saint Louis,MO63141     		None PC Post High School Program Choices 2,500
    Mile High United Way Inc
    711 Park Avenue West
    Denver,CO80205     		None PC 2019 Workplace Giving Campaign 1,485
    Minnesota Architectural Foundation
    105 5th Avenue South Suite 485
    Minneapolis,MN55401     		None PC Architecture in Schools program 5,000
    Minnesota Teen Challenge
    740 E 24th Street
    Minneapolis,MN55404     		None PC General Operations to Lakeside Academy 3,000
    Mokena Miracles
    PO Box 824
    Mokena,IL60448     		None PC Housing/Rent Fund 1,000
    National Outdoor Leadership School
    284 Lincoln Street
    Lander,WY825202848     		None PC General Operations 8,000
    New Pathways for Youth
    901 E Jefferson Street
    Phoenix,AZ85034     		None PC Neighborhood Growth Project 50,000
    North Loop Neighborhood Association
    PO Box 580672
    Minneapolis,MN55458     		None PC Welcome Park Monument Project 5,000
    North Side Community School
    3033 N Euclid Avenue
    St Louis,MO63115     		None PC Pre-K Active Learning 5,000
    Northern Star Council
    6202 Bloomington Road
    Fort Snelling,MN55111     		None PC Tomahawk Scout Reservation: Youth Trades Facility Improvement 5,000
    Northside Achievement Zone
    2123 West Broadway Ave Suite 100
    Minneapolis,MN55411     		None PC College and Career Readiness Supports 35,000
    Oasis for Youth
    2200 W Old Shakopee Rd
    Bloomington,MN55431     		None PC School Based Outreach 5,000
    Operation Breakthrough Inc
    3039 Troost Avenue
    Kansas City,MO64109     		None PC Accelerating Opportunity and Achievement through STEAM 50,000
    Our Savior Lutheran Church
    56 Meadows Drive
    Pagosa Springs,CO81147     		None PC Lutheran Mercy Care 5,000
    Partners For Progress NFP
    23525 W Milton Road
    Wauconda,IL60084     		None PC Job/Life Skills Training Program 5,000
    People Reaching Out to Other People
    14700 Martin Drive
    Eden Prairie,MN55344     		None PC General Operations 5,000
    PREP-KC
    2300 Main Ste 340
    Kansas City,MO64108     		None PC Financial Literacy Workshops 5,000
    PREP-KC
    2300 Main Ste 340
    Kansas City,MO64108     		None PC 2019 Building Community Award Finalist 5,000
    Progress Valley Inc
    1100 East 80th Street
    Bloomington,MN55420     		None PC Work Readiness Program 5,000
    Project for Pride in Living Inc
    1035 East Franklin Avenue
    Minneapolis,MN55404     		None PC General Operations 6,000
    Project for Pride in Living Inc
    1035 East Franklin Avenue
    Minneapolis,MN55404     		None PC On-Ramp Pilot 2.0 50,000
    Project IOWA
    1420 Mulberry St
    Des Moines,IA50309     		None PC Data Driven Expansion 40,000
    Rebuilding Together Metro Chicago
    4507 N Ravenswood Ave 106
    Chicago,IL60640     		None PC Recognition for Opus associate volunteer efforts 25,000
    Rebuilding Together Twin Cities
    1050 SE 33rd Avenue
    Minneapolis,MN55414     		None PC Recognition for Opus associate volunteer efforts 20,000
    Ronald McDonald House Charities of St Louis
    3450 Park Avenue
    St Louis,MO63104     		None PC Sponsor-A-Family 2,500
    Safehome
    PO Box 4563
    Overland Park,KS66204     		None PC Emergency Shelter Clothing Closet 5,000
    Saint Clare's Tahoe A Mountain Montessori School
    PO Box 308
    Tahoe Vista,CA96148     		None PC General Operations 5,000
    Second Harvest Heartland
    7101 Winnetka Ave N
    Brooklyn Park,MN55428     		None PC Retail Food Rescue Program 5,000
    Sioux Empire United Way Inc
    1000 N West Avenue
    Sioux Falls,SD57104     		None PC 2019 Workplace Giving Campaign 90
    Society of Saint Vincent de Paul Twin Cities
    2939 12th Avenue South
    Minneapolis,MN55407     		None PC New East Side Thrift Store and Service Center 5,000
    Society of St Vincent de Paul
    PO Box 13600
    Phoenix,AZ850023600     		None PC Dream Center Indoor Learning Environment 30,075
    Special Olympics Minnesota
    900 2nd Ave S Suite 300
    Minneapolis,MN55402     		None PC 2019 Building Community Award Finalist 5,000
    Special Olympics Minnesota
    900 2nd Ave S Suite 300
    Minneapolis,MN55402     		None PC Rochester Polar Plunge 5,000
    St Louis Children's Hospital Foundation
    1001 Highlands Plaza Drive West
    Suite 160
    St Louis,MO63110     		None PC KIDstruction Week 1,000
    St Louis County Library Foundation
    1640 S Lindbergh Blvd
    St Louis,MO63131     		None PC Strategic Growth Model for Career Online High School 40,000
    St Mary's Child Center
    901 Dr Martin Luther King Jr St
    Indianapolis,IN46202     		None PC 2019 Building Community Award Winner 66,000
    St Mary's Child Center
    901 Dr Martin Luther King Jr St
    Indianapolis,IN46202     		None PC Behavioral Health 50,000
    St Thomas Academy
    949 Mendota Heights Road
    Mendota Heights,MN55120     		None PC General Operations 5,000
    St Thomas More Center and Catholic Youth Camp
    6177 Panorama Rd
    Panora,IA50216     		None PC Youth Leadership Retreats 5,000
    STEP - St Louis Park Emergency Program Inc
    6812 West Lake St
    St Louis Park,MN55426     		None PC Emergency Nutrition Assistance 5,000
    Summit Academy OIC
    935 Olson Memorial Hwy
    Minneapolis,MN55405     		None PC Building a Community of Workers 40,000
    Tempe Community Action Agency
    2146 E Apache Blvd
    Tempe,AZ85281     		None PC Hunger Relief Program 5,000
    The 30-Days Foundation
    8014 Olsen Memorial Hwy 195
    Golden Valley,MN55427     		None PC Keep the Key program 2,500
    The Ames Foundation
    304 Main Street
    Ames,IA50010     		None PC Edwards Neighborhood Park Improvements 5,000
    The Childrens Place Inc
    2 East 59th Street
    Kansas City,MO64113     		None PC Transportation for Day Treatment Program 5,000
    The Knothole Foundation Inc
    PO Box 38035
    Charlotte,NC28278     		None PC General Operations 5,000
    The Knothole Foundation Inc
    PO Box 38035
    Charlotte,NC28278     		None PC Tuckaseegee Dream Fields and Education Center 2,500
    The Knothole Foundation Inc
    PO Box 38035
    Charlotte,NC28278     		None PC Tuckaseegee Dream Fields Project 5,000
    The Link
    1210 Glenwood Av
    Minneapolis,MN55405     		None PC Youth Workforce & Leadership Development program 5,000
    The Power of People Leadership Institute
    600 18th Ave N Suite 1
    Minneapolis,MN55411     		None PC Girls Taking Action 25,000
    The Salvation Army - Northern Division
    2445 Prior Avenue
    Roseville,MN55113     		None PC Adult Rehabilitation Center's Exit Planning Class 5,000
    The Social of Greenwood
    550 Polk Street
    Greenwood,IN46143     		None PC Food Pantry 5,000
    Tree Trust
    149 Energy Park Drive
    St Paul,MN55108     		None PC General Operations 4,000
    Twin Cities Habitat for Humanity
    1954 University Ave W
    St Paul,MN551043433     		None PC Recognition for Opus associate volunteer efforts 30,000
    Twin Cities RSE
    1301 Bryant Ave N
    Minneapolis,MN55411     		None PC Emotional Intelligence Pilot Program for Youth 150,000
    Twin Cities RSE
    1301 Bryant Ave N
    Minneapolis,MN55411     		None PC General Operations 5,000
    United Way of Central Indiana Inc
    2955 North Meridian Street Suite
    300
    Indianapolis,IN46208     		None PC Giving Campaign 753
    United Way of Central Iowa
    1111 9th St Ste 100
    Des Moines,IA50314     		None PC Giving Campaign 1,705
    United Way of Greater Kansas City
    801 W 47th Street Suite 500
    Kansas City,MO64112     		None PC Giving Campaign 2,700
    United Way of Greater Milwaukee
    225 West Vine Street
    Milwaukee,WI53212     		None PC Giving Campaign 100
    United Way of Greater St Louis
    910 N 11th Street
    St Louis,MO63101     		None PC Giving Campaign 1,470
    United Way of Metropolitan Chicago
    333 South Wabash Avenue 30th Floor
    Chicago,IL60604     		None PC Giving Campaign 1,942
    University of Denver - Franklin L Burns School of Real Estate
    2101 S University Blvd Suite 380
    Denver,CO802088934     		None PC 2019 Colorado NAIOP University Challenge 7,500
    University of Notre Dame
    400 Main Building
    Notre Dame,IN46556     		None PC General Operations 1,000
    University of St Thomas
    2115 Summit Avenue
    St Paul,MN551051079     		None PC Dougherty Family College Corporate Internship Program 150,145
    University of St Thomas Center for Engineering Education
    School of Engineering 2115 Summit
    Avenue
    St Paul,MN55105     		None PC Science, Technology & Engineering Preview Summer (STEPS) 5,000
    Upper Room
    300 E 39th Street Suite 4A
    Kansas City,MO64111     		None PC Playground Project 50,000
    UpTurnships
    5121 Mirror Lakes Drive
    Edina,MN55436     		None PC General Operations 5,000
    Urban Boatbuilders Inc
    2288 University Avenue West
    Saint Paul,MN55114     		None PC General Operations 3,000
    Urban Boatbuilders Inc
    2288 University Avenue West
    Saint Paul,MN55114     		None PC Career Success Program 28,000
    Urban Land Institute
    1356 Wynkoop Street Suite 211
    Denver,CO80202     		None PC Real Estate Diversity Initiative 5,000
    Valley of the Sun United Way
    3200 East Camelback Road Suite 375
    Phoenix,AZ85018     		None PC Giving Campaign 495
    Van Go
    715 New Jersey St PO Box 153
    Lawrence,KS66044     		None PC Adornment Project 5,000
    Westminster Legacy Foundation
    4800 W 92nd Avenue
    Westminster,CO80031     		None PC Victory Garden at Metzger Farm Open Space 5,000
    YMCA of Metropolitan Chicago
    1030 W Van Buren
    Chicago,IL60607     		None PC Maker Lab Expansion 50,000
    YMCA of the Greater Twin Cities
    651 Nicollet Mall Suite 500
    Minneapolis,MN55402     		None PC Eagan YMCA Early Childhood STEM Project 41,000
    YMCA of the Greater Twin Cities
    651 Nicollet Mall Suite 500
    Minneapolis,MN55402     		None PC STEM & Literacy Support at the Rochester YMCA 20,000
    Youth Frontiers Inc
    5215 Edina Industrial Blvd Suite
    400
    Minneapolis,MN55439     		None PC Leadership Conferences 5,000
    YouthLink
    41 N 12th Street
    Minneapolis,MN55403     		None PC Career Pathways Navigation 42,500
    Total .................................bullet 3a 3,201,583
    bApproved for future payment
    Denver Kids
    1617 S Acoma Street 2nd Fl
    Denver,CO80223     		None PC Denver Kis's University 100,000
    Total .................................bullet 3b 100,000
    Form 990-PF (2019)
    Form 990-PF (2019)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		    14 79,533  
    4 Dividends and interest from securities....          
    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..... 525990 297,808 18 9,636,882  
    8 Gain or (loss) from sales of assets other than
    inventory ............     		         
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aProceeds from securities litigation     		    18 55  
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 297,808 9,716,470 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    10,014,278
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2019)
    Form 990-PF (2019)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.

    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below
    (see instr.)
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's name SmallBullet
    		 Firm's EIN SmallBullet
    Firm's address SmallBullet


    		 Phone no.
    Form 990-PF (2019)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description