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
THE MCNEELY FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)444 PINE STREET
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
ST PAUL, MN551012453
A Employer identification number

41-1392221
B Telephone number (see instructions)

(651) 228-4500
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$34,018,393J 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) 0
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 383,608 801,937  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 701,154
b Gross sales price for all assets on line 6a 1,811,759
7 Capital gain net income (from Part IV, line 2)... 615,773
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 575,594 -156,586  
12 Total. Add lines 1 through 11........ 1,660,356 1,261,124  
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 6,410 0   6,410
c Other professional fees (attach schedule).... Click to see attachment 59,894 6,000   53,894
17 Interest............... 6,275 6,275   0
18 Taxes (attach schedule) (see instructions)... Click to see attachment 21,055 2,974   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings....... 186 0   186
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 21,477 261,123   21,477
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 115,297 276,372   81,967
25 Contributions, gifts, grants paid....... 1,130,880 1,365,880
26 Total expenses and disbursements. Add lines 24 and 25 1,246,177 276,372   1,447,847
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 414,179
b Net investment income (if negative, enter -0-) 984,752
c Adjusted net income (if negative, enter -0-)...  
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............. -386,835 -135,244 -135,244
2 Savings and temporary cash investments.........      
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)....... 9,053,553 Click to see attachment8,558,042 25,912,769
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).......... 3,414,716 Click to see attachment3,984,690 8,240,868
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) 12,081,434 12,407,488 34,018,393
Liabilities 17 Accounts payable and accrued expenses.......... 1,222  
18 Grants payable................. 330,000 95,000
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) Click to see attachment39,341 Click to see attachment39,341
23 Total liabilities (add lines 17 through 22)......... 370,563 134,341
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 11,710,871 12,273,147
29 Total net assets or fund balances (see instructions)..... 11,710,871 12,273,147
30 Total liabilities and net assets/fund balances (see instructions). 12,081,434 12,407,488
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
11,710,871
2
Enter amount from Part I, line 27a .....................
2
414,179
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
148,097
4
Add lines 1, 2, and 3 ..........................
4
12,273,147
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
12,273,147
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 GAINS ON SALE ON SECURITIES P    
b CAPITAL LOSS - ADYNXX P    
c CAPITAL GAIN DISTRIBUTIONS P    
d GAINS/LOSSES ON PARTNERSHIP P    
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 1,799,780   890,094 909,686
b     220,511 -220,511
c 11,979     11,979
d     85,381 -85,381
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       909,686
b       -220,511
c       11,979
d       -85,381
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 2 615,773
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
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 13,688
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 0
3 Add lines 1 and 2........................... 3 13,688
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 13,688
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 31,650
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 31,650
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 17,962
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet17,962 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 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$ 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
     
    No
    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 ofbulletKAREN REYNOLDS Telephone no.bullet (651) 228-4500

    Located atbullet444 PINE STREETST PAULMN ZIP+4bullet551012453
    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
     
    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 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
     
    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). Click to see attachment
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    TED MADDEN CHAIR
    0.02     		0 0 0
    C/O MCNEELY FOUNDATION 444 PINE
    STREET
    ST PAUL,MN55101
    NICHOLAS MCNEELY VICE CHAIR
    0.02     		0 0 0
    C/O MCNEELY FOUNDATION 444 PINE
    STREET
    ST PAUL,MN55101
    ARMAR A ARCHBOLD SECRETARY
    0.02     		0 0 0
    C/O MCNEELY FOUNDATION 444 PINE
    STREET
    ST PAUL,MN55101
    WE BARSNESS TRUSTEE
    0.02     		0 0 0
    C/O MCNEELY FOUNDATION 444 PINE
    STREET
    ST PAUL,MN55101
    IRENE MCNEELY TRUSTEE
    0.02     		0 0 0
    C/O MCNEELY FOUNDATION 444 PINE
    STREET
    ST PAUL,MN55101
    KELLY WHITAKER ROUSSEAU TRUSTEE
    0.02     		0 0 0
    C/O MCNEELY FOUNDATION 444 PINE
    STREET
    ST PAUL,MN55101
    TRINA MCNEELY TRUSTEE
    0.02     		0 0 0
    C/O MCNEELY FOUNDATION 444 PINE
    STREET
    ST PAUL,MN55101
    SHANNON WHITAKER TRUSTEE
    0.02     		0 0 0
    C/O MCNEELY FOUNDATION 444 PINE
    STREET
    ST PAUL,MN55101
    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 (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
    AFTON CONSULTANTS CONSULTING SERVICES 53,894
    5115 QUANDRANT AVENUE
    AFTON,MN55001
    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 (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
    30,816,188
    b
    Average of monthly cash balances.......................
    1b
    -16,118
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    30,800,070
    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
    30,800,070
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    462,001
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    30,338,069
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    1,516,903
    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
    1,516,903
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    13,688
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    13,688
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,503,215
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    1,503,215
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    1,503,215
    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
    1,447,847
    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
    1,447,847
    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
    1,447,847
    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 1,503,215
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 1,424,902
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2020:
    a From 2015......  
    b From 2016......  
    c From 2017......  
    d From 2018......  
    e From 2019......  
    fTotal of lines 3a through e........ 0
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 1,447,847
    a Applied to 2019, but not more than line 2a 1,424,902
    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 2020 distributable amount..... 22,945
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2020. 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 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2020. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2021 ..........     		1,480,270
    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 2015 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		0
    10 Analysis of line 9:
    a Excess from 2016....  
    b Excess from 2017....  
    c Excess from 2018....  
    d Excess from 2019....  
    e Excess from 2020....  
    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:
    KAREN REYNOLDS
    444 PINE STREET
    ST PAUL,MN55101
    (651) 228-4500
    bThe form in which applications should be submitted and information and materials they should include:
    LETTER FORM, INCLUDE COPY OF EXEMPTION LETTER, DESCRIBE INTENDED USE OF FUNDS
    cAny submission deadlines:
    NONE
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    AWARDS ARE PRIMARILY TO MINNESOTA CHARITIES; NO AWARDS ARE PAID TO INDIVIDUALS.
    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
    ALZHEIMER'S ASSOCIATION TWIN CITIES
    7900 W 78TH ST SUITE 100
    MINNEAPOLIS,MN55439     		N/A PC GENERAL OPERATING SUPPORT 200
    AMERICAN INDIAN COLLEGE FUND
    PO BOX 172449
    DENVER,CO80217     		N/A PC GENERAL OPERATING SUPPORT 4,000
    ANEW BAM
    2355 HIGHWAY 36 W SUITE 400
    ROSEVILLE,MN55113     		N/A PC EAST SIDE ST. PAUL MIDDLE SCHOOL STUDENTS ACADEMIC SUCCESS 20,000
    ATHLETES COMMITTED TO EDUCATION (ACES)
    1115 E HENNEPIN AVENUE
    MINNEAPOLIS,MN55414     		N/A PC EAST SIDE ST. PAUL PROGRAMMING 25,000
    BDOTE LEARNING CENTER
    3216 E 29TH STREET
    MINNEAPOLIS,MN55406     		N/A PC GENERAL OPERATING SUPPORT 500
    BIG BROTHERS BIG SISTERS OF GREATER TWIN CITIES
    2550 UNIVERSITY AVE W SUITE 410N
    ST PAUL,MN55114     		N/A PC EAST SIDE ST. PAUL PROGRAMMING 12,000
    BOYS AND GIRLS CLUB OF THE TWIN CITIES
    690 JACKSON STREET
    ST PAUL,MN55130     		N/A PC EAST SIDE ST. PAUL CENTER PROGRAMMING 25,000
    BREAKTHROUGH TWIN CITIES
    2051 LARPENTEUR AVE E
    ST PAUL,MN55109     		N/A PC EAST SIDE ST. PAUL PROGRAMMING 2017 GAP FUNDING 35,000
    BUCKHEAD CHRISTIAN MINISTRY
    2847 PIEDMON ROAD
    ATLANTA,GA30305     		N/A PC COVID-19 RELIEF EFFORTS 300
    CAMPING & EDUCATION FOUNDATION
    3515 MICHIGAN AVENUE SUITE 1
    CINCINNATI,OH45208     		N/A PC GENERAL OPERATING SUPPORT 2,500
    CHAD GREENWAY'S LEAD THE WAY FOUNDATION
    59 CAVALIER BLVD SUITE 310
    FLORENCE,KY41042     		N/A PC COVID-19 RELIEF EFFORTS 200
    CHAMBLEE FIRST UNITED METHODIST
    4147 CHAMBLEE DUNWOOD RD
    CHAMBLEE,GA30341     		N/A PC COVID-19 RELIEF EFFORTS 250
    CHILDREN'S LEUKEMIA RESEARCH FOUNDATION
    926 VALLEY OAKS ROAD
    ST PAUL,MN55124     		N/A PC COVID-19 RELIEF EFFORTS 200
    CHRISTIAN CUPBOARD EMERGENCY FOOD SHELP
    8264 4TH STREET N
    OAKDALE,MN55128     		N/A PC COVID-19 RELIEF EFFORTS 200
    CITIZENS FOR RESPONSIBILITY AND ETHICS IN WASHINGTON
    1101 K ST NW 201
    WASHINGTON,DC22005     		N/A PC GENERAL OPERATING SUPPORT 500
    COMMUNIDADES LATINAS UNIDOS EN SERVICIO
    797 E 7TH ST
    ST PAUL,MN55106     		N/A PC EAST SIDE ECONOMIC VITALITY PROGRAM 25,000
    COMMUSICATION
    690 JACKSON ST
    ST PAUL,MN55130     		N/A PC EAST SIDE SUMMER PROGRAM 13,000
    COMO FRIENDS
    1225 ESTABROOK DRIVE
    ST PAUL,MN55103     		N/A PC GENERAL OPERATING SUPPORT 150
    CONQUERING KING FELLOWSHIP
    5557 42ND AVENUE S
    MINNEAPOLIS,MN55417     		N/A PC GENERAL OPERATING SUPPORT 1,200
    CONSERVATION CORPS MINNESOTA
    60 PLATO BLVD R SUITE 210
    SAINT PAUL,MN55107     		N/A PC YOUTH SCIENCE & ENVIRONMENTAL WORK PROJECTS 20,000
    COOKIE CART
    1119 W BROADWAY AVE
    MINNEAPOLIS,MN55411     		N/A PC EAST SIDE SAINT PAUL PROGRAM AND COVID RELIEF 46,000
    DOCTORS WITHOUT BORDERS
    PO BOX 5030
    HAGERSTOWN,MD21741     		N/A PC GENERAL OPERATING SUPPORT 1,000
    DOWN SYNDROME GUILD OF GREATER KANSAS CITY
    5960 DEARBORN ST
    MISSION,KS66202     		N/A PC GENERAL OPERATING SUPPORT 200
    DREAM OF WILD HEALTH
    1308 FRANKLIN AVE 203
    MINNEAPOLIS,MN55404     		N/A PC YOUTH EDUCATION & LEADERSHIP TRAINING & GENERAL OPERATING SUPPORT 51,500
    EAGLE BROOK CHURCH
    7015 20TH AVENUE
    CENTERVILLE,MN55038     		N/A PC GENERAL OPERATING SUPPORT 500
    EAST SIDE AREA BUSINESS ASSOCIATION
    804 MARGARET STREET
    ST PAUL,MN55106     		N/A NC GENERAL OPERATING 5,000
    EAST SIDE ARTS COUNCIL
    977 PAYNE AVENUE
    SAINT PAUL,MN55130     		N/A PC ARTSINFUSION PROGRAM FOR EAST SIDE YOUTH 40,000
    EAST SIDE FREEDOM LIBRARY
    1105 GREENBRIER ST
    SAINT PAUL,MN55106     		N/A PC GENERAL OPERATING SUPPORT 20,000
    EAST SIDE NEIGHBORHOOD DEVELOPMENT COMPANY
    925 PAYNE AVENUE SUITE 201
    SAINT PAUL,MN55130     		N/A PC COMMUNITY OF CHOICE CAMPAIGN 35,000
    EXPONENT PHILANTHROPY
    1720 N STREET NW
    WASHINGTON,DC20036     		N/A PC GENERAL OPERATING SUPPORT 780
    FACE TO FACE HEALTH & COUNSELING
    1165 ARCADE STREET
    SAINT PAUL,MN55106     		N/A PC SAFEZONE HOMELESS PROGRAM & GENERAL OPERATING SUPPORT 32,500
    FACIOSCAPULOHUMERAL SOCIETY
    450 BEDFORD ST
    LEXINGTON,MA02420     		N/A PC GENERAL OPERATING SUPPORT 200
    FAMILY VALUES FOR LIFE
    1280 ARCADE STREET
    SAINT PAUL,MN55106     		N/A PC GENERAL OPERATING SUPPORT 22,500
    FIRST LUTHERAN CHURCH
    463 MARIA
    ST PAUL,MN55106     		N/A PC COVID-19 RELIEF EFFORTS 5,000
    FRIENDS OF EAST AFRICA FOUNDATION
    2130 SUMMIT AVENUE
    ST PAUL,MN97205     		N/A PC GENERAL OPERATING SUPPORT 1,000
    FRIENDS OF THE SAINT PAUL PUBLIC LIBRARY
    1080 MONTREAL AVENUE 2
    SAINT PAUL,MN55116     		N/A PC SPROCKETS YOUTH PROGRAM RESOURCE 25,000
    GAHANA RESIDENTS IN NEED
    165 GRANVILLE ST
    GAHANA,OH43230     		N/A PC COVID-19 RELIEF EFFORTS 450
    GENISYS WORKS-TWIN CITIES
    445 MINNESOTA STREET
    SAINT PAUL,MN55101     		N/A PC EAST SIDE ST. PAUL PROGRAMMING 30,000
    GIRL SCOUTS RIVER VALLEY
    400 ROBERT ST S
    SAINT PAUL,MN55107     		N/A PC CONNECTZ PROGRAM-EAST SIDE 20,000
    GLOBAL MIDWIFE EDUCATION FOUNDATION
    PO BOX 805
    LIVINGSTON,MT59047     		N/A PC GENERAL OPERATING SUPPORT 2,500
    GLOBAL RIGHTS FOR WOMEN
    404 S EIGHTH STREET
    MINNEAPOLIS,MN55404     		N/A PC GENERAL OPERATING SUPPORT 200
    GOOD MEWS ANIMAL FOUNDATION
    3805 ROBINSON RD
    MARIETTA,GA30068     		N/A PC GENERAL OPERSTING 100
    GREATER WHITE BEAR LAKE COMMUNITY FOUNDATION
    P O BOX 10626
    WHITE BEAR LAKE,MN55110     		N/A PC LAKE LINKS BIKE TRAIL 250
    GROVE CITY FOOD PANTRY
    2710 COLUMBUS ST
    GROVE CITY,OH43123     		N/A PC GENERAL OPERATING SUPPORT 200
    GUTHRIE THEATER
    818 S 2ND ST
    MINNEAPOLIS,MN55415     		N/A PC GENERAL OPERATING SUPPORT 500
    HEART OF DANCE
    500 E GRANT STREET 1308
    MINNEAPOLIS,MN55404     		N/A PC MIDDLE SCHOOL DANCING CLASSROOMS PROGRAM 10,000
    HEIFER INTERNATIONAL
    ONE WORLD AVENUE
    LITTLE ROCK,AR72202     		N/A PC GENERAL OPERATING SUPPORT 500
    HMONG AMERICAN FARMERS ASSOCIATION
    149 THOMPSON AVE E
    ST PAUL,MN55118     		N/A PC GENERAL OPERATING SUPPORT 20,000
    HMONG AMERICAN PARTNERSHIP
    1075 ARCADE STREET
    SAINT PAUL,MN55106     		N/A PC YOUNG ADULT EMPLOYMENT 25,000
    INTERFAITH ACTION
    1671 SUMMIT AVENUE
    SAINT PAUL,MN55105     		N/A PC NATIVE AMERICAN YOUTH SUMMER PROGRAM & COVID RELIEF 25,000
    INTERFAITH OUTREACH COMMUNITY
    1605 COUNTY ROAD 101 N
    PLYMOUTH,MN55447     		N/A PC COVID-19 RELIEF EFFORTS 900
    JOURNEY BIBLE CHURCH
    13700 W 151ST STREET
    OLATHE,KS66062     		N/A PC GENERAL OPERATING SUPPORT 200
    KEYSTONE COMMUNITY SERVICES
    1150 SELBY AVENUE
    SAINT PAUL,MN55104     		N/A PC TEEN TUTORING EMPLOYMENT PROJECT & COVID RELIEF 25,000
    KU ENDOWMENT
    PO BOX 928
    LAWERENCE,KS66044     		N/A PC GENERAL OPERATING SUPPORT 900
    LAKE STREET COUNCIL
    919 E LAKE STREET
    MINNEAPOLIS,MN55407     		N/A PC GENERAL OPERATING SUPPORT 1,200
    LATINO ECONOMIC DEVELOPMENT CENTER
    1501 E LAKE ST
    MINNEAPOLIS,MN55407     		N/A PC TRANSITIONAL GENERAL OPERATING SUPPORT 35,000
    LISTENING HOUSE
    464 MARIA AVENUE
    SAINT PAUL,MN55106     		N/A PC GENERAL OPERATING SUPPORT 1,000
    LIVINGSTON EDUCATION FOUNDATION
    PO BOX 14
    LIVINGSTON,MT59047     		N/A PC GENERAL OPERATING SUPPORT 500
    LIVINGSTON FOOD RESOURCE CENTER
    202 S SECOND
    LIVINGSTON,MT59047     		N/A PC GENERAL OPERATING SUPPORT 1,000
    LOAVES AND FISHES TOO
    721 KASOTA AVE SE
    MINNEAPOLIS,MN55414     		N/A PC GENERAL OPERATING SUPPORT 450
    LOCAL INITIATIVES SUPPORT COALITION
    570 ASBURY ST SUITE 207
    SAINT PAUL,MN55104     		N/A PC CATALYZING OPPORTUNITIES - EAST SIDE ST. PAUL 25,000
    LORD OF LIFE LUTHERAN CHURCH
    7401 COUNTY ROAD 101 N
    MAPLE GROVE,MN55311     		N/A PC GENERAL OPERATING SUPPORT 200
    LOWER PHALEN CREEK PROJECT
    733 E 7TH ST
    SAINT PAUL,MN55106     		N/A PC GENERAL OPERATING SUPPORT & WAKAN TIPI CENTER CAPITAL 40,000
    LUTHERAN HIGH SCHOOL OF KANSAS CITY
    12411 WORNALL ROAD
    KANSAS CITY,MO64145     		N/A PC GENERAL OPERATING SUPPORT 200
    LUTHERAN SOCIAL SERVICES OF MINNESOTA
    2414 PARK AVENUE
    MINNEAPOLIS,MN55404     		N/A PC EASTSIDE FINANCIAL CENTER FINANCIAL OPPORTUNITIES PROGRAM 15,000
    MAYO CLINIC FOUNDATION
    200 FIRST ST SW
    ROCHESTER,MN55905     		N/A PC GENERAL OPERATING SUPPORT 1,200
    MERRICK COMMUNITY SERVICES
    1669 ARCADE ST N SUITE 4
    ST PAUL,MN55106     		N/A PC COVID-19 RELIEF EFFORTS 5,000
    METROPOLITAN STATE UNIVERSITY
    700 EAST 7TH ST
    ST PAUL,MN55106     		N/A PC GREENHOUSE RENOVATION PROJECT 50,000
    MINNESOTA HUMANE SOCIETY
    475 CLEVELAND AVE N SUITE 100B
    SAINT PAUL,MN55104     		N/A PC GENERAL OPERATING SUPPORT 500
    MINNESOTA SINFONIA
    901 NORTH THIRD STREET SUITE 112
    MINNEAPOLIS,MN55401     		N/A PC GENERAL OPERATING SUPPORT 25,000
    MINNESOTA URBAN DEBATE LEAGUE-AUGSBERG
    2211 RIVERSIDE AVENUE BOX 142
    MINNEAPOLIS,MN55454     		N/A PC DEBATE PROGRAM AT BATTLE CREEK MIDDLE SCHOOL 12,000
    MS SOCIETY
    7611 STATE LINE SUITE 100
    KANSAS CITY,MO64114     		N/A PC GENERAL OPERATING SUPPORT 100
    NATIONAL CENTER FOR FAMILY PHILANTHROPY
    1818 N STREET SUITE 300
    WASHINGTON,DC20036     		N/A PC GENERAL OPERATING SUPPORT 1,500
    NATIONAL MULTIPLE SCHLEROSIS SOCIETY
    2829 UNIVERSITY AVE SE
    MINNEAPOLIS,MN55414     		N/A PC GENERAL OPERATING SUPPORT 250
    NATIONAL PARKS CONSERVATION ASSOCIATION
    7 E BEALL ST SUITE B
    BOZEMAN,MT59715     		N/A PC GENERAL OPERATING SUPPORT 500
    NATIVITY OF OUR LORD CATHOLIC CHURCH
    1900 WELLESLEY AVENUE
    SAINT PAUL,MN55105     		N/A PC GENERAL OPERATING SUPPORT 1,000
    NATURE CONSERVANCY OF MONTANA
    32 S EWING
    HELENA,MT59601     		N/A PC GENERAL OPERATING SUPPORT 1,000
    NEIGHBORHOOD DEVELOPMENT COMPANY
    663 UNIVERSITY AVE SUITE 200
    SAINT PAUL,MN55104     		N/A PC ACCELERATOR EMPLOYMENT CAPITAL ACCELERATOR EMPLOYMENT PROGRAM 25,000
    NEIGHBORHOOD HOUSE
    179 ROBIE ST E
    SAINT PAUL,MN55107     		N/A PC GENERAL OPERATING SUPPORT 1,500
    NEW LIFE EVANGELICAL LUTHERAN CHURCH
    180 COUNTY ROAD F
    SHOREVIEW,MN55126     		N/A PC GENERAL OPERATING SUPPORT 1,000
    NEXUS COMMUNITY PARTNERS
    2314 UNIVERSITY AVENUE SUITE 18
    SAINT PAUL,MN55114     		N/A PC EAST SIDE PROGRAMMING SUPPORT 36,500
    OPPORTUNITY NEIGHBORHOOD
    1417 10TH STREET NW 104
    NEW BRIGHTON,MN55112     		N/A PC AMES LAKE APARTMENTS TENANT SUPPORT SERVICES AND COVID RELIEF 50,000
    PARK COUNTY ENVIRONMENTAL COUNCIL
    215 E LEWIS 303
    LIVINGSTON,MT59047     		N/A PC GENERAL OPERATING SUPPORT 1,000
    PARK COUNTY SENIOR CENTER
    206 S MAIN ST
    LIVINGSTON,MT59047     		N/A PC GENERAL OPERATING SUPPORT 500
    PEAK GRANTMAKING
    1666 K STREET NW SUITE 440
    WASHINGTON,DC20006     		N/A PC GENERAL OPERATING SUPPORT 1,000
    PEOPLE INCORPORATED MENTAL HEALTH SERVICES
    300 AMES CROSSING RD SUITE 600
    EAGAN,MN55121     		N/A PC HOMELESS OUTREACH WORKER SUPPORT FOR EAST SIDE 20,000
    PLANNED PARENTHOOD OF MN ND & SD
    671 VANDALIA ST 323
    SAINT PAUL,MN55114     		N/A PC GENERAL OPERATING SUPPORT 1,500
    POWDERHORN PARK NEIGHBORHOOD ASSOCIATION
    821 EAST 35TH ST
    MINNEAPOLIS,MN55407     		N/A PC GENERAL OPERATING SUPPORT 250
    PREPARE PROSPER
    2610 UNIVERSITY AVE W SUITE 450
    SAINT PAUL,MN55114     		N/A PC GENERAL OPERATING SUPPORT 15,000
    PROJECT FOR PRIDE IN LIVING
    1035 E FRANKLIN AVENUE
    MINNEAPOLIS,MN55404     		N/A PC NEW FOUNDATIONS SUPPORT SERVICES HOUSING 50,000
    RUBY'S PANTRY
    5833 PECAN STREET
    NORTH BRANCH,MN55056     		N/A PC GENERAL OPERATING SUPPORT 200
    SACRED HEART CATHOLIC SCHOOL
    4050 HUBBARD AVENUE N
    ROBBINSDALE,MN55422     		N/A PC GENERAL OPERATING SUPPORT 1,200
    SANNEH FOUNDATION
    2090 CONWAY STREET
    SAINT PAUL,MN55119     		N/A PC YOUTH EMPLOYMENT PROGRAMMING CONWAY REC CENTER 5,000
    SCHOOL OF HOPE
    111 BURNS ST
    FAYETTEVILLE,NC28301     		N/A PC GENERAL OPERATING SUPPORT 200
    SCIENCE MUSEUM OF MINNESOTA
    120 W KELLOGG BLVD
    SAINT PAUL,MN55102     		N/A PC GENERAL OPERATING SUPPORT 2,000
    SECOND HARVEST HEARTLAND
    1140 GERVAIS AVENUE
    ST PAUL,MN55109     		N/A PC GENERAL OPERATING SUPPORT 5,400
    SECONDHAND HOUNDS
    5959 BAKER ROAD SUITE 390
    MINNETONKA,MN55345     		N/A PC GENERAL OPERATING SUPPORT 400
    SOUTHEAST COMMUNITY ORGANIZATION
    2105 1/2 OLD HUDSON ROAD
    ST PAUL,MN55119     		N/A PC YOUTH PROGRAMMING 15,000
    SPRINGBOARD FOR THE ARTS
    262 UNIVERSITY AVE W
    SAINT PAUL,MN55103     		N/A PC GENERAL OPERATING SUPPORT 1,000
    ST CROIX RIVER ASSOCIATION
    230 S WASHINGTON ST UNIT 1
    ST CROIX,WI54024     		N/A PC GENERAL OPERATING SUPPORT 1,000
    ST PAUL & MINNESOTA FOUNDATION
    101 FIFTH STREET E SUITE 2400
    SAINT PAUL,MN55101     		N/A PC EAST SIDE FUNDERS GROUP & MCNEELY FOUNDATION DONOR ADVISED FUND 35,000
    ST PAUL ACADEMY & SUMMIT SCHOOL
    1712 RANDOLPH AVENUE
    SAINT PAUL,MN55105     		N/A PC MCNEELY FAMILY LIBRARY FUND & GENERAL OPERATING SUPPORT 4,500
    ST PAUL AUDUBON SOCIETY
    1901 N VICTORIA ST
    ROSEVILLE,MN55113     		N/A PC GENERAL OPERATING SUPPORT 500
    ST PAUL PARKS CONSERVANCY
    380 JACKSON ST SUITE 287
    SAINT PAUL,MN55101     		N/A PC NORTH STAR VISION PLANNING GENERAL OPERATING SUPPORT 1,100
    ST PAUL URBAN TENNIS PROGRAM
    970 GRAND AVENUE
    SAINT PAUL,MN55105     		N/A PC EAST SIDE PARKS PROGRAMMING 50,000
    SUPPORTING WOMEN IN SCIENCE
    179 BRISTOL BEND CIRCLE
    SPRING,TX77382     		N/A PC GENERAL OPERATING SUPPORT 200
    THE LIFT
    925 PAYNE AVENUE
    SAINT PAUL,MN55130     		N/A PC PROGRAM SUPPORT FOR EAST SIDE ST. PAUL YOUTH 20,000
    TREE TRUST
    1419 ENERGY PARK DR
    SAINT PAUL,MN55108     		N/A PC GENERAL OPERATING SUPPORT 20,000
    TRUST FOR PUBLIC LAND
    2610 UNIVERSITY AVE SUITE 300
    ST PAUL,MN55114     		N/A PC DISTRICT COUNCIL WORK ON OPEN SPACE 20,000
    TUBMAN
    3111 FIRST AVENUE S
    MINNEAPOLIS,MN55408     		N/A PC GENERAL OPERATING SUPPORT 200
    TWIN CITIES CATALYST MUSIC
    75 CIVIC CENTER PARKWAY
    BURNSVILLE,MN55337     		N/A PC GENERAL OPERATING SUPPORT EAST SIDE LOCATION 20,000
    UNION COUNTY FOUNDATION
    126 N MAIN STREET
    MARYSVILLE,OH43040     		N/A PC GENERAL OPERATING SUPPORT 200
    UNION GOSPEL MISSION
    77 9TH ST E
    SAINT PAUL,MN55101     		N/A PC GENERAL OPERATING SUPPORT 700
    UNIVERSITY OF MINNESOTA FOUNDATIONS
    220 OAK STREET SE SUITE 500
    MINNEAPOLIS,MN55455     		N/A PC CANCER RESEARCH 200
    UNLEASED PET RESCUE AND ADOPTION
    5918 BROADMOOR
    MISSION,KS66202     		N/A PC GENERAL OPERATING SUPPORT 200
    URBAN ROOTS
    463 MARIA AVENUE SUITE 207
    SAINT PAUL,MN55106     		N/A PC EAST SIDE YOUTH PROGRAMS & COVID RELIEF 50,000
    VOLUNTEERS ENLISTED TO ASSIST PEOPLE
    9600 ALDRICH AVE S
    BLOOMINGTON,MN55420     		N/A PC GENERAL OPERATING SUPPORT 250
    WASHINGTON COUNTY 4-H
    14949 62ND ST N
    STILLWATER,MN55082     		N/A PC GENERAL OPERATING SUPPORT 300
    WHITE BEAR CENTER FOR ARTS
    4971 LONG AVENUE
    WHITE BEAR LAKE,MN55110     		N/A PC GENERAL OPERATING SUPPORT 500
    WILDERNESS INQUIRY
    808 14TH AVE SE
    MINNEAPOLIS,MN55414     		N/A PC EAST SIDE YOUNG ADULT ENVIRONMENTAL EMPLOYMENT PRGM 20,000
    WILDLIFE REHABILITATION NETWORK OF MINNESOTA
    2530 DALE STREET
    ROSEVILLE,MN55113     		N/A PC GENERAL OPERATING SUPPORT 3,000
    WOMEN'S ADVOCATES
    588 GRAND AVENUE
    SAINT PAUL,MN55102     		N/A PC GENERAL OPERATING SUPPORT 1,000
    WOODBURY COMMUNITY FOUNDATION
    724 BIELENBERG DRIVE SUITE 129
    WOODBURY,MN55125     		N/A PC COVID-19 RELIEF EFFORTS 200
    WORLD CENTRAL KITCHEN
    1875 CONNECTICUT AVE NW 10TH FL
    WASHINGTON,DC20009     		N/A PC GENERAL OPERATING SUPPORT 2,500
    YOUNG ARTISTS INITIATIVE
    436 MARIA AVENUE
    SAINT PAUL,MN55106     		N/A PC MIDDLE SCHOOL THEATER 20,000
    YWCA DOMESTIC VIOLENCE DEPARTMENT
    375 S THIRD STREET
    SAN JOSE,CA95112     		N/A PC SUPPORT NETWORK FOR BATTERED WOMEN PROGRAM 10,000
    Total .................................bullet 3a 1,365,880
    bApproved for future payment
    EAST SIDE NEIGHBORHOOD DEVELOPMENT COMPANY
    925 PAYNE AVENUE SUITE 201
    SAINT PAUL,MN55130     		N/A PC GENERAL OPERATING SUPPORT 35,000
    HMONG AMERICAN PARTNERSHIP
    1075 ARCADE STREET
    SAINT PAUL,MN55106     		N/A PC GENERAL OPERATING SUPPORT 25,000
    NEXUS COMMUNITY PARTNERS
    2314 UNIVERSITY AVENUE SUITE 18
    SAINT PAUL,MN55114     		N/A PC GENERAL OPERATING SUPPORT 35,000
    Total .................................bullet 3b 95,000
    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 ...........     		         
    4 Dividends and interest from securities....     14 383,608  
    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.....     18 575,594  
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 701,154  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 0 1,660,356 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    1,660,356
    (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:
    THE MCNEELY FOUNDATION
    EIN:
    41-1392221
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING 6,410 0   6,410

    Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

    TY 2020 ExpenditureResponsibilityStmt
    Name:
    THE MCNEELY FOUNDATION
    EIN:
    41-1392221
    Grantee's Name Grantee's Address Grant Date Grant Amount Grant Purpose Amount Expended By Grantee Any Diversion By Grantee? Dates of Reports By Grantee Date of Verification Results of Verification
    EAST SIDE AREA BUSINESS ASSOCIATION
          		804 MARGARET STREET
    ST PAUL,MN551065019     		2020-12-20 5,000 GENERAL OPERATING SUPPORT FOR THE ESABA CHARITABLE FOUNDATION 5,000 NONE   2021-11-11  

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    THE MCNEELY FOUNDATION
    EIN:
    41-1392221
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ALPHABET 738,729 1,822,746
    APPLE 191,921 2,653,800
    BERKSHIRE HATHAWAY 287,335 6,260,670
    BIOGEN 7,672 1,187,571
    ECOLAB 757,165 1,433,385
    JOHNSON & JOHNSON 634,198 1,521,865
    MICROSOFT 625,750 1,899,467
    3M 370,046 1,206,051
    VANGUARD DEVELOPED ETF 1,241,927 1,525,307
    VANGUARD EMERGING ETF 1,184,068 1,496,488
    VANGUARD MID-CAP ETF 1,068,574 2,135,189
    VANGUARD SMALL CAP ETF 1,450,657 2,770,230

    TY 2020 InvestmentsOtherSchedule2
    Name:
    THE MCNEELY FOUNDATION
    EIN:
    41-1392221
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    APOLLO INVESTMENT FUND V PRIVATE LLC AT COST 316,757 5,229
    TECHNOLOGY LEADERS VENTURES V LLC AT COST 693,825 41,147
    PRIVATVARDE LP AT COST 67,353 0
    COMMONFUND CAPITAL PARTNERS VI, LP AT COST 930,313 1,546,244
    COMMONFUND CAPITAL PARTNERS VII, LP AT COST 460,830 698,671
    VARDE INVESTMENT PARTNERS AT COST 0 3,234,879
    YUKON III AT COST 563,038 570,954
    MRP VALUE FUND AT COST 718,138 856,392
    VARDE FUND VIII AT COST 0 269
    VARDE CREDIT PARTNERS AT COST 30,657 1,077,438
    YUKON IV AT COST 203,779 209,645

    TY 2020 OtherExpensesSchedule
    Name:
    THE MCNEELY FOUNDATION
    EIN:
    41-1392221
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PARTNERSHIP EXPENSES 0 261,123   0
    IT EXPENSES 20,913 0   20,913
    OFFICE EXPENSES 564 0   564


    TY 2020 OtherIncomeSchedule2
    Name:
    THE MCNEELY FOUNDATION
    EIN:
    41-1392221
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    PARTNERSHIP INCOME   -177,866  
    PRIVATE INVESTMENT INCOME 575,594 21,280 575,594


    TY 2020 OtherIncreasesSchedule
    Name:
    THE MCNEELY FOUNDATION
    EIN:
    41-1392221
    Description Amount
    COST BASIS ADJUSTMENT 148,097


    TY 2020 OtherLiabilitiesSchedule
    Name:
    THE MCNEELY FOUNDATION
    EIN:
    41-1392221
    Description Beginning of Year - Book Value End of Year - Book Value
    DEFERRED TAXES 39,341 39,341


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    THE MCNEELY FOUNDATION
    EIN:
    41-1392221
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT MANAGEMENT 6,000 6,000   0
    PROGRAM OFFICER CONSULTING FEE 53,894 0   53,894


    TY 2020 TaxesSchedule
    Name:
    THE MCNEELY FOUNDATION
    EIN:
    41-1392221
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES W/H 0 2,974   0
    FEDERAL EXCISE TAX 21,055 0   0