Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0052
2020
Open to Public Inspection
For calendar year 2020, or tax year beginning 01-01-2020 , and ending 12-31-2020
Name of foundation
LA AMUNDSON OHANA FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 469
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
SLEEPY EYE, MN56085
A Employer identification number

41-1692528
B Telephone number (see instructions)

(605) 335-1508
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$16,748,921J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet.............
3 Interest on savings and temporary cash investments 437 437 437
4 Dividends and interest from securities... 678,925 678,925 678,925
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 643,147
b Gross sales price for all assets on line 6a 5,628,371
7 Capital gain net income (from Part IV, line 2)... 643,147
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 101,809   101,809
12 Total. Add lines 1 through 11........ 1,424,318 1,322,509 781,171
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 6,500 3,250   3,250
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 10,943 1,000   2,000
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)...        
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 56,742 35,163   21,579
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 74,185 39,413   26,829
25 Contributions, gifts, grants paid....... 726,510 726,510
26 Total expenses and disbursements. Add lines 24 and 25 800,695 39,413   753,339
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 623,623
b Net investment income (if negative, enter -0-) 1,283,096
c Adjusted net income (if negative, enter -0-)... 781,171
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2020)
Form 990-PF (2020)
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............. 808,150 916,083 916,083
2 Savings and temporary cash investments......... 229,296 28,218 28,218
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) 992,309    
b Investments—corporate stock (attach schedule)....... 5,683,311 Click to see attachment6,286,734 6,286,734
c Investments—corporate bonds (attach schedule)....... 6,629,500 Click to see attachment8,581,123 8,581,123
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 2,097,337 Click to see attachment936,763 936,763
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) 16,439,903 16,748,921 16,748,921
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22).........   0
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........... 16,439,903 16,748,921
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 16,439,903 16,748,921
30 Total liabilities and net assets/fund balances (see instructions). 16,439,903 16,748,921
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
16,439,903
2
Enter amount from Part I, line 27a .....................
2
623,623
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
17,063,526
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
314,605
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
16,748,921
Form 990-PF (2020)
Form 990-PF (2020)
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 ALTRIA GROUP INC P 2019-01-23 2020-01-14
b INGERSOLL RAND INC P 2020-02-13 2020-02-29
c KRANESHARES TR BOSERA MSCI CHINA P 2018-06-11 2020-01-15
d TRANSOCEAN LTD NAMEN P 2014-11-25 2020-01-10
e AMPLIFY ENERGY CORP P 2019-10-28 2020-01-15
INGERSOLL RAND INC P 2020-02-13 2020-03-19
OAKTREE CAPITAL GROUP LLC P 2018-08-02 2020-02-28
JP MORGAN P 2015-02-05 2020-03-02
ANTERO RESOURCES CORPORATION P 2019-06-26 2020-01-15
TRANE TECHNOLOGIES PLC P 2020-02-13 2020-03-19
SOUTHERN COMPANY P 2015-10-02 2020-01-14
SOUTHERN COMPANY P 2015-10-02 2020-10-20
BANK OF MONTREAL P 2020-01-02 2020-12-31
BROADCOM INC P 2020-01-31 2020-12-30
SUMMIT HOTEL PROPERTIES P 2017-11-02 2020-02-14
WAC LLC P 2019-01-01 2020-12-31
GENERAL MILLS INC P 2020-01-02 2002-12-31
ALLIANZ AG MUENCHEN NAMEN P 2018-05-03 2020-01-27
WALMART INC P 2018-05-03 2020-01-15
ROYAL DUTCH SHELL PLC P 2020-01-02 2020-12-31
ALLIANZ SE UNSPONSORED ADR P 2018-05-03 2020-04-27
WELLS FARGO & COMPANY P 2015-09-08 2020-12-31
SIMON PROPERTY P 2020-01-02 2020-12-31
AXIS CAPITAL HOLDINGS LTD P 2018-07-10 2020-01-15
ABBVIE INC P 2019-01-01 2020-10-05
VIATRIS INC COMMON STOCK P 2020-10-05 2020-11-23
CHERRY HILL MTG INVT CORP P 2017-08-10 2020-12-31
BANK OF MONTREAL P 2019-01-01 2020-12-31
VIATRIS INC COMMON STOCK P 2020-01-02 2020-11-18
CITIGROUP INC P 2016-01-26 2020-12-31
DIGITAL REALTY TRUST INC P 2018-08-22 2020-10-05
WELLTOWER INC COMMON STOCK P 2020-01-02 2020-04-06
DAVITA HEALTHCARE PARTNERS INC P 2017-10-16 2020-01-10
ROYAL DUTCH SHELL PLC P 2019-01-02 2020-12-31
WILLIAMS COMPANIES P 2020-01-02 2020-12-31
DCP MIDSTREAM LP P 2018-10-02 2020-12-31
SIMON PROPERTY P 2019-01-02 2020-12-31
ALLIANCE BERNSTEIN HOLDING P 2020-02-03 2020-03-13
DIGITAL REALTY TRUST INC P 2018-05-03 2020-01-15
WELLTOWER INC COMMON STOCK P 2019-01-02 2020-12-31
CEDAR FAIR LP P 2020-02-10 2020-03-04
HELIUS MEDICAL TECHNOLOGIES P 2018-11-05 2020-01-15
BLACKSTONE GROUP INC P 2018-05-03 2020-12-31
CITIGROUP INC P 2020-02-03 2020-03-13
HERSHEY COMPANY P 2018-05-23 2020-01-15
THE TRAVELERS COMPANIES P 2018-05-03 2020-03-13
CVS HEALTH CORPORATION P 2020-02-03 2020-03-13
KINDER MORGAN INC P 2018-10-12 2020-01-15
PROSPECT CAP CORP P 2014-04-24 2020-01-10
(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 202,845   180,051 22,794
b 13   16 -3
c 202,647   200,090 2,557
d 24,949   101,105 -76,156
e 14,261   15,406 -1,145
10,166   19,676 -9,510
311,747   300,000 11,747
100,000   100,000  
25,248   54,136 -28,888
48,548   67,908 -19,360
104,427   100,000 4,427
300,000   300,000  
17,901   23,638 -5,737
124,070   102,084 21,986
158,948   150,000 8,948
1,176,457   420,783 755,674
44,368   44,964 -596
89,349   90,111 -762
162,224   121,105 41,119
9,798   26,279 -16,481
78   119 -41
312,537   300,000 12,537
11,947   31,612 -19,665
181,517   172,915 8,602
20,240   22,447 -2,207
17   15 2
103,762   100,000 3,762
26,629   37,763 -11,134
2,416   2,202 214
105,541   100,000 5,541
26,494   21,397 5,097
8,384   17,805 -9,421
204,944   198,756 6,188
15,121   52,049 -36,928
33,352   68,373 -35,021
200,327   200,000 327
13,477   51,504 -38,027
82,436   116,446 -34,010
100,974   87,539 13,435
19,335   39,286 -19,951
63,355   80,617 -17,262
983   9,839 -8,856
256,772   132,605 124,167
55,715   86,491 -30,776
148,465   91,648 56,817
70,164   85,470 -15,306
157,032   180,697 -23,665
213,645   170,700 42,945
64,746   109,577 -44,831
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       22,794
b       -3
c       2,557
d       -76,156
e       -1,145
      -9,510
      11,747
       
      -28,888
      -19,360
      4,427
       
      -5,737
      21,986
      8,948
      755,674
      -596
      -762
      41,119
      -16,481
      -41
      12,537
      -19,665
      8,602
      -2,207
      2
      3,762
      -11,134
      214
      5,541
      5,097
      -9,421
      6,188
      -36,928
      -35,021
      327
      -38,027
      -34,010
      13,435
      -19,951
      -17,262
      -8,856
      124,167
      -30,776
      56,817
      -15,306
      -23,665
      42,945
      -44,831
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 2 643,147
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 -206,544
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
SECTION 4940(e) REPEALED ON DECEMBER 20, 2019 - DO NOT COMPLETE
1 Reserved
(a)
Reserved 		(b)
Reserved 		(c)
Reserved 		(d)
Reserved
2
Reserved...........................
2
3
Reserved...........................
3
4
Reserved...........................
4
5
Reserved...........................
5
6
Reserved...........................
6
7
Reserved...........................
7
8
Reserved,..........................
8
Form 990-PF (2020)
Form 990-PF (2020)
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 for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b Reserved................................ 1 17,835
c All other domestic foundations enter 1.39% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2  
3 Add lines 1 and 2........................... 3 17,835
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 17,835
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 22,800
b Exempt foreign organizations—tax withheld at source...... 6b  
c Tax paid with application for extension of time to file (Form 8868)... 6c 5,000
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 27,800
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 9,965
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet8,000 RefundedBullet 11 1,965
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 the instructions
for the 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$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletMN
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2020 or the taxable year beginning in 2020? 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 (2020)
    Form 990-PF (2020)
    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 ofbulletANGIE MIXNER Telephone no.bullet (605) 335-1508

    Located atbulletPO BOX 469SLEEPY EYEMN ZIP+4bullet56085
    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 2020, 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
     
     
    ........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 2020?.............
    1c
     
     
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2020, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2020?.............
    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 2020 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 2020.)..................
    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 2020?
    4b
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    MATT AMUNDSON CHAIRMAN
    1.00     		1,500 0 0
    PO BOX 469
    SLEEPY EYE,MN56085
    KRISTA RYAN SECRETARY
    000.00     		1,500 0 0
    PO BOX 469
    SLEEPY EYE,MN56085
    ANGIE MIXNER TREASURER
    000.00     		1,000 0 0
    PO BOX 469
    SLEEPY EYE,MN56085
    PHILIP AMUNDSON BOARD MEMBER
    000.00     		1,000 0 0
    PO BOX 469
    SLEEPY EYE,MN56085
    JAKE AMUNSON BOARD MEMBER
    000.00     		1,000 0 0
    PO BOX 469
    SLEEPY EYE,MN56085
    JANE HARBERTS BOARD MEMBER
    000.00     		500 0 0
    PO BOX 469
    SLEEPY EYE,MN56085
    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  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet  
    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 SCHOLARSHIPS- SEE SCHEDULE ATTACHED 428,310
    2 CHARITABLE DONATIONS - SEE SCHEDULE ATTACHED 298,200
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1 N/A  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    Form 990-PF (2020)
    Form 990-PF (2020)
    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
    14,317,173
    b
    Average of monthly cash balances.......................
    1b
    1,151,946
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    15,469,119
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
     
    3
    Subtract line 2 from line 1d.........................
    3
    15,469,119
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    232,037
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    15,237,082
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    761,854
    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
    761,854
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    17,835
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    17,835
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    744,019
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    744,019
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    744,019
    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
    753,339
    b
    Program-related investments—total from Part IX-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    753,339
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b. See instructions.................
    5
     
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    753,339
    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 (2020)
    Form 990-PF (2020)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2019     		(c)
    2019     		(d)
    2020
    1 Distributable amount for 2020 from Part XI, line 7 744,019
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2020:
    a From 2015......  
    b From 2016......  
    c From 2017...... 24,485
    d From 2018......  
    e From 2019......  
    fTotal of lines 3a through e........ 24,485
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 753,339
    a Applied to 2019, but not more than line 2a  
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		 
    d Applied to 2020 distributable amount..... 744,019
    e Remaining amount distributed out of corpus 9,320
    5 Excess distributions carryover applied to 2020.    
    (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 33,805
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		 
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2020. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2021 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		 
    8 Excess distributions carryover from 2015 not
    applied on line 5 or line 7 (see instructions) ...     		 
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		33,805
    10 Analysis of line 9:
    a Excess from 2016....  
    b Excess from 2017.... 24,485
    c Excess from 2018....  
    d Excess from 2019....  
    e Excess from 2020.... 9,320
    Form 990-PF (2020)
    Form 990-PF (2020)
    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 2020, 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) 2020 (b) 2019 (c) 2018 (d) 2017
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    MS L ERCK
    PO BOX 1270
    SIOUX FALLS,SD571011270
    (605) 335-1508
    bThe form in which applications should be submitted and information and materials they should include:
    SAMPLE APPLICATION IS ATTACHED
    cAny submission deadlines:
    MARCH 15
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    GEOGRAPHIC AREAS: LIMITD LOCATIONS IN MN, ND, MT & IA. EMPHASIS AREAS: HEALTH CARE, BUSINESS, AND TECHNICAL TRADES
    Form 990-PF (2020)
    Form 990-PF (2020)
    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
    ADDITIONAL SCHOLARSHIP
    PO BOX 469
    SLEEPY EYE,MN56085     		NONE PC SCHOLARSHIP 84,000
    ALEXANDRIA TECH & COMM COLL
    1601 JEFFERSON ST
    ALEXANDRIA,MN56308     		NONE PC SCHOLARSHIP 4,000
    APPLE TREE DENTAL
    8960 SPRINGBROOK DR NW
    MINNEAPOLIS,MN55433     		NONE PC CHARITABLE DONATION 10,000
    AUGSBURG UNIV
    2211 RIVERSIDE AVE
    MINNEAPOLIS,MN55454     		NONE PC SCHOLARSHIP 500
    BETHANY LUTHERAN COLLEGE
    700 LUTHER DR
    MANKATO,MN56001     		NONE PC SCHOLARSHIP 3,500
    BEULAH FIRE HALL
    BEULAH
    BEULAH,ND58523     		NONE PC CHARITABLE DONATION 10,000
    BISMARK STATE COLLEGE
    1500 EDWARDS AVE
    BISMARK,ND58506     		NONE PC SCHOLARSHIP 6,000
    BRIAR CLIFF
    3303 REBECCA ST
    SIOUX CITY,IA51104     		NONE PC SCHOLARSHIP 2,500
    CANBY PUBLIC SCHOOL
    307 1ST ST W
    CANBY,MN56220     		NONE PC CHARITABLE DONATION 12,000
    CARTHAGE
    2001 ALFORD PARK DR
    KENOSHA,WI53140     		NONE PC SCHOLARSHIP 500
    CONCORDIA MOORHEAD
    901 8TH ST S
    MOORHEAD,MN56562     		NONE PC SCHOLARSHIP 1,500
    DAKOTA STATE UNIVERSITY
    820 WASHINGTON AVE N
    MADISON,SD57042     		NONE PC SCHOLARSHIP 5,500
    DES MOINES AREA COMM COLLEGE
    2006 S ANKENY BLVD
    ANKENY,IA50023     		NONE PC SCHOLARSHIP 500
    DETROIT LAKES BOYS & GIRLS CLUB
    150 RICHWOOD ROAD
    DETROIT LAKES,MN56502     		NONE PC CHARITABLE DONATION 5,000
    DORDT UNIVERSITY
    498 4TH AVE NE
    SIOUX CENTER,IA51250     		NONE PC SCHOLARSHIP 1,000
    EMBRY RIDDLE AERONAUTICAL UNIV
    600 S CLYDE MORRIS BLVD
    DAYTONA BEACH,FL32114     		NONE PC SCHOLARSHIP 500
    GUSTAVUS ADOLPHUS COLLEGE
    800 W COLLEGE AVE
    ST PETER,MN56082     		NONE PC SCHOLARSHIP 1,500
    IOWA STATE UNIVERSITY
    0210 BEARDSHEAR HALL
    AMES,IA50011     		NONE PC SCHOLARSHIP 2,500
    LATI
    1201 ARROW AVE
    WATERTOWN,SD57201     		NONE PC SCHOLARSHIP 15,750
    MAYVILLE STATE UNIVERSITY
    330 3RD ST NE
    MAYVILLE,ND58257     		NONE PC SCHOLARSHIP 1,500
    MN STATE COMM & TECH COLLEGE
    1900 28TH AVE S
    MOORHEAD,MN56562     		NONE PC SCHOLARSHIP 6,750
    MN STATE UNIVERSITY-MANKATO
    228 WIECKING CENTER
    MANKATO,MN56001     		NONE PC SCHOLARSHIP 16,500
    MN STATE UNIVERSITY-MOORHEAD
    1104 7TH AVE S
    MOORHEAD,MN56563     		NONE PC SCHOLARSHIP 9,500
    MN WEST COMM & TECH COLLEGE
    1011 1ST ST WEST
    CANBY,MN56220     		NONE PC SCHOLARSHIP 2,500
    MORNINGSIDE COLLEGE
    1501 MORNINGSIDE AVE
    SIOUX CITY,IA51106     		NONE PC SCHOLARSHIP 2,000
    NDSCS
    800 6TH ST NE
    WAHPETON,ND58076     		NONE PC SCHOLARSHIP 5,500
    NDSU
    PO BOX 6050
    FARGO,ND58108     		NONE PC SCHOLARSHIP 21,500
    NSU
    1200 S JAY ST
    ABERDEEN,SD57401     		NONE PC SCHOLARSHIP 2,000
    RIDGEWATER COLLEGE WILMAR
    2101 15TH AVE NW
    WILLMAR,MN56201     		NONE PC SCHOLARSHIP 13,500
    SDSU
    PO BOX 511
    BROOKINGS,SD57007     		NONE PC SCHOLARSHIP 29,250
    SMSU
    1501 STATE ST
    MARSHALL,MN56258     		NONE PC SCHOLARSHIP 4,000
    ST CLOUD TECH & COMM COLLEGE
    1540 NORTHWAY DR
    ST CLOUD,MN56303     		NONE PC SCHOLARSHIP 500
    UND
    3501 UNIVERSITY AVE
    GRAND FORKS,ND58202     		NONE PC SCHOLARSHIP 6,500
    UNIVERSITY OF ALABAMA
    301 SPARKMAN DRIVE NW
    HUNTSVILLE,AL35899     		NONE PC SCHOLARSHIP 500
    UNIVERSITY OF HI
    2500 CAMPUS RD
    HONOLULU,HI96822     		NONE PC SCHOLARSHIP 500
    UNIVERSITY OF JAMESTOWN
    6089 COLLEGE LN
    JAMESTOWN,ND58401     		NONE PC SCHOLARSHIP 1,500
    UNIVERSITY OF MANITOBA
    66 CHANCELLORS CIR
    WINNIPEG,MANITOBA  
    CA     		NONE PC SCHOLARSHIP 500
    UNIVERSITY OF MARY
    7500 UNIVERSITY DR
    BISMARK,ND58504     		NONE PC SCHOLARSHIP 2,500
    UNIVERSITY OF MN DULUTH
    1049 UNIVERSITY DR
    DULUTH,MN55812     		NONE PC SCHOLARSHIP 4,500
    UNIVERSITY OF SOUTH DAKOTA
    414 E CLARK
    VERMILLION,SD57069     		NONE PC SCHOLARSHIP 5,000
    UNIVERSITY OF ST THOMAS
    2115 SUMMIT AVE
    ST PAUL,MN55105     		NONE PC SCHOLARSHIP 3,500
    UNIVERSITY OF WASHINGTON SEATTLE
    PO BOX 24967
    SEATTLE,WA98124     		NONE PC SCHOLARSHIP 500
    UNIVERSITY OF WI MADISON
    333 E CAMPUS MALL 9701
    MADISON,WI53715     		NONE PC SCHOLARSHIP 1,500
    UNIVERSITY OF WI RIVER FALLS
    410 3RD ST
    RIVER FALLS,WI54022     		NONE PC SCHOLARSHIP 500
    UNIVERSITY OFMN TWIN CITIES
    231 PILLSBURY DR SE
    MINNEAPOLIS,MN55455     		NONE PC SCHOLARSHIP 9,000
    WAYNE STATE
    1111 MAIN ST
    WAYNE,NE68787     		NONE PC SCHOLARSHIP 1,500
    WINONA STATE UNIVERSITY
    PO BOX 5838
    WINONA,MN55987     		NONE PC SCHOLARSHIP 3,000
    BETHANY GLOBAL UNIVERSITY
    6820 AUTOCLUB RD
    BLOOMINGTON,MN55438     		NONE PC SCHOLARSHIP 500
    BETHEL UNIVERSITY
    3900 BETHEL DR
    ST PAUL,MN55112     		NONE PC SCHOLARSHIP 500
    BLACK HILLS STATE UNIVERSITY
    1200 UNIVERSITY ST 9670
    SPEARFISH,SD57799     		NONE PC SCHOLARSHIP 1,000
    CENTRAL LAKES COLLEGE
    501 W COLLEGE DR
    BRAINERD,MN56401     		NONE PC SCHOLARSHIP 2,000
    CLARKE UNIVERSITY
    1515 EAST 25TH ST
    HIBBING,MN55746     		NONE PC SCHOLARSHIP 500
    EMMAUS BIBLE COLLEGE
    2570 ASBURY RD
    DUBUQUE,IA52001     		NONE PC SHOLARSHIP 500
    HAMLINE UNIVERSITY
    1536 HEWITT AVE
    ST PAUL,MN55104     		NONE PC SHOLARSHIP 500
    IOWA LAKES UNIVERSITY
    1900 GRAND AVE
    SPENCER,IA51301     		NONE PC SCHOLARSHIP 2,000
    LUTHER COLLEGE
    700 COLLEGE DR
    DECORAH,IA52101     		NONE PC SCHOLARSHIP 3,000
    MINOT STATE UNIVERSITY
    500 UNIVERSITY AVE W
    MINTO,ND58707     		NONE PC SHOLARSHIP 500
    MN COMM & TECH COLL FERGUS FALLS
    1414 COLLEGE WAY
    FERGUS FALLS,MN56537     		NONE PC SHOLARSHIP 250
    MN COMM & TECH COLL WADENA
    405 COLFAX AVE SW
    WADENA,MN56482     		NONE PC SCHOLARSHIP 3,000
    MN WEST COMM & TECH COLL JACKSON
    PO BOX 269
    JACKSON,MN56143     		NONE PC SCHOLARSHIP 2,000
    MN WEST COMM & TECH COLL PIPESTONE
    1314 N HIAWATHA AVE
    PIPESTONE,MN56164     		NONE PC SCHOLARSHIP 2,000
    MN WEST COMM & TECH LUVERNE
    311 N SPRING ST
    LUVERNE,MN56156     		NONE PC SCHOLARSHIP 1,000
    MN STATE DETROIT LAKES
    900 MN 34
    DETROIT LAKES,MN56501     		NONE PC SCHOLARSHIP 2,000
    RASMUSSEN COLLEGE - MANKATO
    1400 MADISON AVE
    MANKATO,MN56001     		NONE PC SCHOLARSHIP 1,500
    ROCHESTER COMM & TECH COLLEGE
    851 30TH AVE SE
    ROCHESTER,MN55904     		NONE PC SCHOLARSHIP 1,500
    ST AMBROSE UNIVERSITY
    518 W LOCUST ST
    DAVENPORT,IA52803     		NONE PC SCHOLARSHIP 2,000
    UNIVERSITY OF MN MORRIS
    600 EAST 4TH ST
    MORRIS,MN56267     		NONE PC SHOLARSHIP 2,500
    UNIVERSITY OF MN ROCHESTER
    111 S BROADWAY 300
    ROCHESTER,MN55904     		NONE PC SCHOLARSHIP 2,000
    UNIVERSITY OF WI LA CROSSE
    1725 STATE ST
    LA CROSSE,WI54601     		NONE PC SCHOLARSHIP 500
    UNIVERSITY OF WI STEVENS POINT
    2100 MAIN ST
    STEVENS POINT,WI54481     		NONE PC SCHOLARSHIP 1,000
    UNL
    1400 R STREET
    LINCOLN,NE68588     		NONE PC SCHOLARSHIP 500
    UPPER IOWA UNIVERSITY
    605 WASHINGTON ST
    FAYETTE,IA52142     		NONE PC SCHOLARSHIP 500
    VERMILLION COMMUNITY COLLEGE
    1900 E CAMP ST
    ELY,MN55731     		NONE PC SCHOLARSHIP 2,500
    WALDORF UNIVERSITY
    106 S 6TH ST
    FOREST CITY,IA50436     		NONE PC SCHOLARSHIP 2,000
    STORDEN VOLUNTEER FIRE DEPT
    501 ANDWOAN ST
    STORDEN,MN56174     		NONE PC CHARITABLE DONATION 102,313
    RENVILLE FIRE DEPT
    201 MAIN ST S
    RENVILLE,MN56284     		NONE PC CHARITABLE DONATION 49,310
    CANBY FIRE DEPT
    110 OSCAR AVE N
    CANBY,MN56220     		NONE PC CHARITABLE CONTRIBUTIONS 50,000
    HAZEN WINTER SPORTS
    3RD AVE NW
    HAZEN,ND58545     		NONE PC CHARITABLE DONATION 5,000
    KIDDER COUNTY AMBULANCE
    PO BOX 204
    STEELE,ND58482     		NONE PC CHARITABLE CONTRIBUTION 22,656
    DELTA SIGMA PI
    330 SOUTH CAMPUS AVE
    OXFORD,OH45056     		NONE PC CHARITABLE DONATIONS 1,501
    EVANSVILLE FIRE DEPARTMENT
    750 SE 8TH ST
    EVANSVILLE,MN56326     		NONE PC CHARITABLE DONATIONS 73,089
    HENNING FIRE DEPARTMENT
    612 FRONT ST
    HENNING,MN56551     		NONE PC CHARITABLE DONATION 1,000
    SLEEPY EYE PUBLIC SCHOOL
    400 4TH AVE SW
    SLEEPY EYE,MN56085     		NONE PC CHARITABLE DONATION 2,776
    BLUE COTTON
    PO BOX 51882
    BOWLING GREEN,KY42102     		NONE PC CHARITABLE DONATION 42,865
    CITY OF MAPLETON
    609 COURTRIGHT
    MAPLETON,IA51034     		NONE PC CHARITABLE DONATION 10,000
    BOYS TOWN
    PO BOX 6000
    BOYS TOWN,NE68010     		NONE PC CHARITABLE DONATION 5,000
    ADDITIONAL SCHOLARSHIP
    PO BOX 469
    SLEEPY EYE,MN56085     		NON PC DONATION 500
    Total .................................bullet 3a 726,510
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2020)
    Form 990-PF (2020)
    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 ...........     		        437
    4 Dividends and interest from securities....         678,925
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6 Net rental income or (loss) from personal property          
    7 Other investment income.....          
    8 Gain or (loss) from sales of assets other than
    inventory ............     		        643,147
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aPARTNERSHIP INCOME     		        101,809
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..     1,424,318
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    1,424,318
    (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 (2020)
    Form 990-PF (2020)
    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 instructions.
    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 (2020)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2020 AccountingFeesSchedule
    Name:
    LA AMUNDSON OHANA FOUNDATION
    EIN:
    41-1692528
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 10,943 1,000   2,000

    TY 2020 InvestmentsCorpBondsSchedule
    Name:
    LA AMUNDSON OHANA FOUNDATION
    EIN:
    41-1692528
    Name of Bond End of Year Book Value End of Year Fair Market Value
    ALLSTATE CORP PFD FIXED 283,700 283,700
    ALOGONQUIN PWR & UTILITIES CORP 112,800 112,800
    AMERICAN EQUITY INVT LIFE 109,040 109,040
    ARCH CAP GROUP PFD 519,200 519,200
    AT&T INC 5.35% 110,480 110,480
    ATHENE HOLDING 4.875% 252,400 252,400
    BANK OF AMERICA PFD 6.2% 199,920 199,920
    BROOKFIELD PROP 6.375% 92,760 92,760
    BUCKEYE PARTNERS LP 22,500 22,500
    CAI INT'L INC 8.5% 77,315 77,315
    CENTERPOINT ENERGY 7% 81,600 81,600
    CENTURYLINK INC SR NOTE 121,500 121,500
    CITIGROUP INC 5.95% 218,500 218,500
    CHS INC 7.5% 99,060 99,060
    COMPASS DIVERSIFIED HOLDINGS 51,200 51,200
    DAVITA HEALTHCARE PARTNERS    
    DIVERSIFIED HEALTHCARE TRUST FKA 196,000 196,000
    DOMINION ENERGY INC PFD 40,132 40,132
    DONNELEY RR & SONS 103,000 103,000
    DTE ENERGY CO 6.25% 96,280 96,280
    DTE ENERGY 5.25% 272,000 272,000
    DUKE ENERGY 5.625% 115,000 115,000
    EBAY INC 6% 211,040 211,040
    ENSTAR GROUP LIMITED 7% 225,920 225,920
    ESSENTIAL UTILS INC 6% 99,232 99,232
    FIFTH THIRD BANCORP 5.1% 50,733 50,733
    FIRST MIDWEST BANCORP 7% 114,240 114,240
    FORD MOTOR COMP 6.2% 54,300 54,300
    HOMESTREET INC 6.5% 212,490 212,490
    HUNTINGTON BANCSHARES 4.45% 53,313 53,313
    INTEGYS ENERGY PFD 6% 213,760 213,760
    LEGG MASON 5.45% PFD 110,123 110,123
    LEGG MASON 6.375% PFD 202,800 202,800
    MAIDEN HOLDINGS LTD 7.125% 41,960 41,960
    METLIFE INC 5.625% 226,160 226,160
    NEW RESIDENTIAL INVT CORP 6.375% 127,380 127,380
    NEXTERA ENERGY 5.279% 101,680 101,680
    PENNSYLVANIA REIT 7.2% 20,600 20,600
    PUBLIC STORAGE 5.05% 109,400 109,400
    QWEST CORP 6.75% 309,120 309,120
    REGIONS FIN CRP 6.375% 209,360 209,360
    SEMPRA ENERGY 5.75% 227,440 227,440
    SOUTH JERSEY 7.25% 21,420 21,420
    SOUTHERN CO PFD 6.75% 103,800 103,800
    SOUTHERN CO 4.2% 53,840 53,840
    SPARK ENGY INC 8.75% 198,000 198,000
    STAR BULK CARRIERS CORP 8.3% 102,560 102,560
    TEVA PHARMA FIN 3.15% 96,126 96,126
    TEVA PHARMA FIN 6.15% 127,500 127,500
    TRANSOCEAN LMTD    
    TRITON INTL LTD 7.375% 109,600 109,600
    TRUIST FINL 5.625% 103,960 103,960
    TSAKOS ENERGY 8.75% 52,675 52,675
    TWO HARBORS INV CORP 7.25% 91,400 91,400
    UMH PROPERTIES INC 6.75% 102,040 102,040
    UNITED STATES CELLULAR 5.5% 100,000 100,000
    UNUM GROUP 6.25% 110,600 110,600
    VORNADO REALTY 5.25% 105,440 105,440
    WEBSTER FINL CRPS 5.25% 107,600 107,600
    WINTRUST FINANCIAL CORP 6.875% 56,980 56,980
    BLACKROCK FLOATING RATE INCOME 121,100 121,100
    ISHARES 20 PLUS YEAR TREASURY 97,004 97,004
    ISHARES IBOXX INVESTMENT 98,763 98,763
    NUVEEN PREFERED & SECURITIES 257,456 257,456
    SPDR SERIES TRUST 129,750 129,750
    VANECK VECTORS ETF TRUST 138,071 138,071

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    LA AMUNDSON OHANA FOUNDATION
    EIN:
    41-1692528
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ALLIANZ SE    
    ALTRIA GROUP INC    
    AMPLIFY ENERGY CORP    
    AMTRUST FINANCIAL SERV 250,400 250,400
    ANNALY CAPITAL MGMT INC    
    ANNALY CAPITAL MGMT REIT 143,650 143,650
    ANTERO RESOURCES    
    AXIS CAPITAL HOLDINGS    
    BANK OF AMERICA CORP 109,120 109,120
    BB&T CORP PFD    
    BLACKSTONE GROUP    
    CHERRY HILL MTG    
    CITIGROUP INC PFD    
    CUSTOMERS BANKCORP INC PFD 49,920 49,920
    DIGITAL REALTY TRUST    
    DOMINION ENERGY INC 258,233 258,233
    EASTMAN KODAK 27,342 27,342
    EFT MANAGERS TRUST    
    EATON VANCE FLTG 177,800 177,800
    EFT MANAGERS TRUST 7,175 7,175
    EXXON MOBIL CORP 90,684 90,684
    HELIUS MEDICAL TECH    
    HERSHEY COMPANY    
    ISHARES INC GLOBAL 128,054 128,054
    ISHARES INC JAPAN 133,431 133,431
    ISHARES SILVER SHARES 49,140 49,140
    JP MORGAN PFD    
    KINDER MORGAN INC    
    KRANESHARES TR    
    MEDICAL PROPERTIES TRUST 87,160 87,160
    PAN AMERICAN SILVER CORP 51,765 51,765
    PROSPECT CAPITAL CORP 77,520 77,520
    PROSPECT CAPITAL CORP    
    SENIOR HOUSING PFD    
    SPROTT INC 86,970 86,970
    STERICYCLE INC 81,393 81,393
    SUMMIT HOTEL PROPERTIES INC    
    TRAVELERS COMPANIES    
    WALMART INC    
    WELLS FARGO & CO PERPETUAL PFD    
    WISDOMTREE TRUST    
    ABBVIE INC 53,146 53,146
    ALTRIA GROUP INC 50,307 50,307
    BANK OF MONTREAL    
    BCE INC COM 53,286 53,286
    BLACKROCK INC 74,319 74,319
    CATERPILLAR INC 80,999 80,999
    CHEVRON CORPORATION 44,927 44,927
    CISCO SYSTEMS 56,654 56,654
    CROWN CASTLE INTL 62,721 62,721
    CVS HEALTH CORP 56,894 56,894
    DIGITAL REALTY TRUST 41,295 41,295
    DOMINION ENERGY INC 50,384 50,384
    DUKE ENERGY CORP 54,295 54,295
    GILEAD SCIENCES 54,124 54,124
    INTL BUSINESS MACHINES 54,632 54,632
    KEYCORP NEW 51,774 51,774
    LOCKHEED MARTIN CORP 47,212 47,212
    MERCK & CO 55,624 55,624
    MORGAN STANLEY 52,288 52,288
    PEPSICO INC 51,608 51,608
    PFIZER INC 47,595 47,595
    PNC FINANCIAL SVCS 56,173 56,173
    ROYAL DUTCH SCHELL PLC    
    SIMON PROPERTY GROUP INC    
    VERIZON COMMUNICATIONS 58,574 58,574
    WELLTOWER INC    
    WILLIAMS COMPANIES INC    
    DIVIDENDS RECEIVABLE    
    3M COMPANY 174,790 174,790
    ABBVIE INC 112,508 112,508
    ANNALY CAPITAL MANAGEMENT INC 80,275 80,275
    BLACKSTONE MORTGAGE TRUST INC 125,262 125,262
    CENTENE CORP DEL 60,030 60,030
    CLOUDFLARE INC CLASS A 68,391 68,391
    COMFORT SYSTEMS USA INC 84,256 84,256
    CURALEAF HLDGS INC 59,859 59,859
    DIGITAL REALTY TRUST INC 111,608 111,608
    EQUINOX GOLD CORP 77,550 77,550
    FUTU HOLDINGS LIMITED 68,625 68,625
    GENERAL MILLS INC 99,078 99,078
    INTEL CORP 99,640 99,640
    INTERNATIONAL PAPER CO 139,216 139,216
    IRON MOUNTAIN INCORPORATED 80,775 80,775
    JPMORGAN CHASE & CO 106,739 106,739
    LGI HOMES INC 74,095 74,095
    MACQUARIE INFRASTRUCTURE 103,638 103,638
    MICROSOFT CORP 146,797 146,797
    NESTLE SA-SPONSORED ADR 77,846 77,846
    NEW RESIDENTIAL INVESTMENT CORP 80,663 80,663
    PALO ALTO NETWORKS INC 35,539 35,539
    PROSHARES ULTRA NASDAQ 62,582 62,582
    PROSHARES ULTRA S&P 500 59,378 59,378
    PROSHARES ULTRA TECHNOLOGY 60,894 60,894
    REALTY INCOME CORP 101,958 101,958
    RENAISSANCE CAPITAL GREENWICH FDS 64,490 64,490
    ROYAL DUTCH SHELL PLC 42,685 42,685
    SILVERCORP METALS INC 33,450 33,450
    SMITH & WESSON BRANDS INC 88,750 88,750
    SQUARE INC 65,292 65,292
    TREX COMPANY INC 58,604 58,604
    US CONCRETE INC 79,940 79,940
    VANGUARD FTSE EMERCING MARKETS 68,150 68,150
    VANGUARD SPECIALIZED FUNDS 109,135 109,135
    VERISK ANALYTICS INC 83,036 83,036
    VIR BIOTECHNOLOGY INC 37,492 37,492
    WISDOMTREE TRUST EMERGING 185,130 185,130

    TY 2020 InvestmentsOtherSchedule2
    Name:
    LA AMUNDSON OHANA FOUNDATION
    EIN:
    41-1692528
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    WAC LLC FMV    
    DCP MIDSTREAM LP FMV 42,460 42,460
    DCP MIDSTREAM LP FMV    
    ENERGY TRANSFER PARTNERS PFD FMV 82,680 82,680
    ENERGY TRSFR PARTNERS LP FMV 90,200 90,200
    ENERGY TRANSFER OPERATING FMV 85,200 85,200
    ENTERPRISE PRODUCTS PARTNERS FMV 88,743 88,743
    KKR & CO LP PFD FMV 213,760 213,760
    NGL ENGY PTNRS LP FMV 93,600 93,600
    NUSTAR ENERGY LP PFD FMV 240,120 240,120
    OAKTREE CAPITAL GROUP FMV    

    TY 2020 OtherDecreasesSchedule
    Name:
    LA AMUNDSON OHANA FOUNDATION
    EIN:
    41-1692528
    Description Amount
    INCREASE IN UNREALIZED GAIN ON INVESTMENTS 314,605


    TY 2020 OtherExpensesSchedule
    Name:
    LA AMUNDSON OHANA FOUNDATION
    EIN:
    41-1692528
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXPENSES        
    OFFICE SUPPLIES 867 434   433
    SUPPLEMENTAL OFFICE SERVICES 18,000 9,000   9,000
    FEDERAL EXCISE TAX 24,067 12,034   12,033
    BANK CHARGES 20 20    
    FEES & LICENSES 247 247    
    POSTAGE 113     113
    INVESTMENT ADVISORY FEES 13,291 13,291    
    MISCELLAENOUS 137 137    


    TY 2020 OtherIncomeSchedule2
    Name:
    LA AMUNDSON OHANA FOUNDATION
    EIN:
    41-1692528
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    PARTNERSHIP INCOME 101,809   101,809