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
CARGILL FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 5650
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
MINNEAPOLIS, MN554405650
A Employer identification number

41-6020221
B Telephone number (see instructions)

(952) 742-4311
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$255,033,902J 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) 25,000,000
2 Check bullet.............
3 Interest on savings and temporary cash investments 12,582 14,106  
4 Dividends and interest from securities... 3,409,717 3,978,184  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 2,861,396
b Gross sales price for all assets on line 6a 27,380,711
7 Capital gain net income (from Part IV, line 2)... 2,459,093
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 840 -85,471 0
12 Total. Add lines 1 through 11........ 31,284,535 6,365,912 0
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 22,500 11,250 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 67,700 50,775 0 0
c Other professional fees (attach schedule).... Click to see attachment 665,700 406,492 0 0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 435,684 76,707 0 0
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 30,083 52,224 0 0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 1,221,667 597,448 0 0
25 Contributions, gifts, grants paid....... 11,975,800 12,744,357
26 Total expenses and disbursements. Add lines 24 and 25 13,197,467 597,448 0 12,744,357
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 18,087,068
b Net investment income (if negative, enter -0-) 5,768,464
c Adjusted net income (if negative, enter -0-)... 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............. 15,974 1,499,334 1,499,334
2 Savings and temporary cash investments......... 1,153,511 4,956,665 4,956,244
3 Accounts receivable bullet1,625
Less: allowance for doubtful accounts bullet   3,397 1,625 1,625
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)....... 156,014,293 Click to see attachment174,439,807 224,647,401
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).......... 18,209,980 Click to see attachment12,488,405 23,929,298
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) 175,397,155 193,385,836 255,033,902
Liabilities 17 Accounts payable and accrued expenses.......... 119,287 123,794
18 Grants payable................. 7,900,199 7,131,642
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 attachment503,547 Click to see attachment910,002
23 Total liabilities (add lines 17 through 22)......... 8,523,033 8,165,438
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 166,874,122 185,220,398
29 Total net assets or fund balances (see instructions)..... 166,874,122 185,220,398
30 Total liabilities and net assets/fund balances (see instructions). 175,397,155 193,385,836
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
166,874,122
2
Enter amount from Part I, line 27a .....................
2
18,087,068
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
259,208
4
Add lines 1, 2, and 3 ..........................
4
185,220,398
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
185,220,398
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 OTHER PARTNERSHIP INCOME P    
b ACI P    
c BAILIE GIFFORD P    
d BLACKROCK P    
e BLACKROCK EMERG P    
CASH ACCOUNT P    
EAGLE P    
GOLDENTREE P    
INDUS ASIA P    
SCULPTOR P    
PERSHING SQUARE INTL P    
PERSHING SQUARE P    
PHARO GAIA P    
PIMCO TOTAL RETURN P    
SPRUCEGROCE INV MGMT P    
WELLINGTON MGMT P    
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a     402,301 -402,301
b 400,660   197,224 203,436
c 5,522,203   5,039,040 483,163
d 3,216,457   2,430,005 786,452
e 842,029   842,029 0
2,725   124 2,601
4,813,955   3,880,998 932,957
      0
940,330   470,165 470,165
36,204   18,102 18,102
630,645   315,322 315,323
60,550     60,550
217,106   108,553 108,553
7,056,046   7,607,577 -551,531
2,137,693   2,144,968 -7,275
1,504,108   1,465,210 38,898
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       -402,301
b       203,436
c       483,163
d       786,452
e       0
      2,601
      932,957
      0
      470,165
      18,102
      315,323
      60,550
      108,553
      -551,531
      -7,275
      38,898
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 2,459,093
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 80,182
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 80,182
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 80,182
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 124,210
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 57,000
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 181,210
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 10 101,028
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet101,028 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
    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 addressbulletSEE PART XV, LINE 2
    14
    The books are in care ofbulletMICHELLE GROGG Telephone no.bullet (952) 742-4311

    Located atbulletPO BOX 5650MINNEAPOLISMN ZIP+4bullet554405650
    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
     
     
    .........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
    COLLEEN MAY DIRECTOR, PRESIDENT
    1.00     		0 0 0
    PO BOX 5650
    MINNEAPOLIS,MN554405650
    JAMES PIERCE DIRECTOR, SECRETARY
    1.00     		0 0 0
    PO BOX 5650
    MINNEAPOLIS,MN554405650
    BEN AASE DIRECTOR
    1.00     		10,000 0 0
    PO BOX 5650
    MINNEAPOLIS,MN554405650
    SHEILA RIGGS DIRECTOR
    1.00     		10,000 0 0
    PO BOX 5650
    MINNEAPOLIS,MN554405650
    MARTHA MACMILLAN DIRECTOR
    1.00     		0 0 0
    PO BOX 5650
    MINNEAPOLIS,MN554405650
    ROGER WATCHORN DIRECTOR, VICE PRESIDENT
    1.00     		0 0 0
    PO BOX 5650
    MINNEAPOLIS,MN554405650
    ANNA RICHO DIRECTOR, VICE PRESIDENT
    1.00     		0 0 0
    PO BOX 5650
    MINNEAPOLIS,MN554405650
    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
    NONE
    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
    202,882,146
    b
    Average of monthly cash balances.......................
    1b
    6,520,290
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    209,402,436
    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
    209,402,436
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    3,141,037
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    206,261,399
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    10,313,070
    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
    10,313,070
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    80,182
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    80,182
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    10,232,888
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    10,232,888
    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
    10,232,888
    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
    12,744,357
    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
    12,744,357
    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
    12,744,357
    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 10,232,888
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2020:
    a From 2015...... 968,407
    b From 2016...... 747,415
    c From 2017......  
    d From 2018......  
    e From 2019......  
    fTotal of lines 3a through e........ 1,715,822
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 12,744,357
    a Applied to 2019, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		0
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2020 distributable amount..... 10,232,888
    e Remaining amount distributed out of corpus 2,511,469
    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 4,227,291
    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 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8 Excess distributions carryover from 2015 not
    applied on line 5 or line 7 (see instructions) ...     		968,407
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		3,258,884
    10 Analysis of line 9:
    a Excess from 2016.... 747,415
    b Excess from 2017....  
    c Excess from 2018....  
    d Excess from 2019....  
    e Excess from 2020.... 2,511,469
    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:
    MICHELLE GROGG EXECUTIVE DIRECTOR
    PO BOX 5650
    MINNEAPOLIS,MN554405632
    (952) 742-4311
    bThe form in which applications should be submitted and information and materials they should include:
    HTTPS://WWW.CARGILL.COM/ABOUT/COMMUNITY/CARGILL-FOUNDATION-HEADQUARTERS
    cAny submission deadlines:
    HTTPS://WWW.CARGILL.COM/ABOUT/COMMUNITY/CARGILL-FOUNDATION-HEADQUARTERS
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    HTTPS://WWW.CARGILL.COM/ABOUT/COMMUNITY/CARGILL-FOUNDATION-HEADQUARTERS
    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
    ACES (ATHLETES COMMITTED TO EDUCATING STUDENTS)
    1115 E HENNEPIN AVE
    MINNEAPOLIS,MN55414     		  PC ACES SPORTS & STEM PROGRAMMING 100,000
    ACHIEVEMPLS
    UNIVERSITY PARK PLAZA2829 UNIVERSIT
    AVE SE SUITE 850
    MINNEAPOLIS,MN55414     		  PC CAREER & COLLEGE READINESS PROGRAM, GEMS/GISE PROGRAM, AND STEM FOR ALL 1,460,482
    APPETITE FOR CHANGE
    1200 WEST BROADWAY AVENUE 180
    MINNEAPOLIS,MN55411     		  PC HUNGRY FOR CHANGE 200,000
    BANYAN FOUNDATION
    2529 13TH AVENUE SOUTH
    MINNEAPOLIS,MN554044506     		  PC ADOLESCENT EDUCATION SUPPORT PROGRAM - ACES 60,000
    BESTPREP
    7100 NORTHLAND CIRCLE NORTH 306
    BROOKLYN PARK,MN55428     		  PC CLOUD COACH, EMENTORS, CLASSROOM PLUS (CAREER DAY) AND MINNESOTA BUSINESS VENTURE PROGRAMS 65,000
    BIG BROTHERS BIG SISTERS OF THE GREATER TWIN CITIES
    2550 UNIVERSITY AVENUE WEST STE
    410N
    ST PAUL,MN55114     		  PC BEYOND SCHOOL WALLS PROGRAM 50,000
    BREAKTHROUGH TWIN CITIES
    2051 LARPENTEUR AVE E
    ST PAUL,MN55109     		  PC CAPACITY BUILDING 336,000
    CENTRO TYRONE GUZMAN
    1915 CHICAGO AVENUE
    MINNEAPOLIS,MN55404     		  PC CENTRO FAMILY NUTRITIO PROGRAM 75,000
    CHARITIES REVIEW COUNCIL OF MINNESOTA
    700 RAYMOND AVE SUITE 160
    ST PAUL,MN55114     		  PC 2020 GENERAL OPERATING SUPPORT AND STRATEGIC INITIATIVES 10,000
    CHILDREN'S THEATRE COMPANY AND SCHOOL
    2400 3RD AVE
    MINNEAPOLIS,MN55404     		  PC GENERAL OPERATING SUPPORT 241,667
    CODE SAVVYTECHNOVATION
    PO BOX 16628
    SAINT LOUIS PARK,MN554160628     		  PC TECHNOVATION[MN] 60,000
    COLLEGE POSSIBLE
    755 PRIOR AVENUE N STE 200
    SAINT PAUL,MN55104     		  PC COLLEGE READINESS PROGRAMMING 450,000
    COMUNIDADES LATINAS UNIDAS EN SERVICIO
    797 EAST 7TH STREET
    ST PAUL,MN55106     		  PC YA! (YOUTH IN ACTION) 250,000
    GREATER TWIN CITIES UNITED WAY
    404 S 8TH ST
    MINNEAPOLIS,MN554041027     		  PC GENERAL OPERATING SUPPORT 2020 500,000
    GREATER TWIN CITIES UNITED WAY - GENERATION NEXT
    404 S 8TH ST
    MINNEAPOLIS,MN554041027     		  PC GENERATION NEXT - EDUCATION SYSTEMS CHANGE HUB 100,000
    GREENLIGHT FUND INC
    50 MILK STREET 16TH FLOOR
    BOSTON,MA02109     		  PC GREENLIGHT FUND TWIN CITIES 50,000
    GUTHRIE THEATER FOUNDATION
    818 SOUTH SECOND STREET
    MINNEAPOLIS,MN554151252     		  PC GENERAL OPERATING SUPPORT 2020 55,000
    HANDS ON TWIN CITIES
    2021 HENNEPIN AVE S 420
    MINNEAPOLIS,MN55413     		  PC PROGRAM SUPPORT 29,000
    HIAWATHA ACADEMIES
    1611 E 46TH STREET
    MINNEAPOLIS,MN55407     		  PC HIAWATHA THROUGH COLLEGE 150,000
    HUNGER IMPACT PARTNERS
    111 THIRD AVENUE SOUTH SUITE 190
    MINNEAPOLIS,MN55401     		  PC HUNGER FREE KIDS 125,000
    INDEPENDENT SCHOOL DISTRICT #625 SAINT PAUL PUBLIC SCHOOLS
    360 COLBORNE
    ST PAUL,MN55102     		  GOV GROW OUR OWN (GROW) 200,000
    JUNIOR ACHIEVEMENT OF THE UPPER MIDWEST INC
    1745 UNIVERSITY AVE WPO BOX 120478
    ST PAUL,MN55104     		  PC THE HARVEST NETWORK OF SCHOOLS PROGRAM DELIVERY 55,000
    KIPP MINNESOTA
    5034 NORTH OLIVER AVENUE
    MINNEAPOLIS,MN55430     		  PC KIPP THROUGH COLLEGE AND CAREER 50,000
    MAYO CLINIC
    200 FIRST STREET SOUTHWEST
    ROCHESTER,MN55905     		  PC COVID-19 FUNDING 500,000
    METROPOLITAN ECONOMIC DEVELOPMENT ASSOCIATION
    1256 PENN AVENUE SO SUITE 4800
    MINNEAPOLIS,MN55411     		  PC ACCELERATING MINORITY BUSINESS GROWTH 80,000
    MINNEAPOLIS INSTITUTE OF ART
    2400 THIRD AVENUE SOUTH
    MINNEAPOLIS,MN55404     		  PC GENERAL OPERATING SUPPORT 2020 50,000
    MINNESOTA CHILDREN'S MUSEUM
    10 WEST 7TH STREET
    ST PAUL,MN551022453     		  PC GENERAL OPERATING SUPPORT 2020 75,000
    MINNESOTA COUNCIL OF NONPROFITS
    2314 UNIVERSITY AVENUE W SUITE 20
    ST PAUL,MN55114     		  PC ANNUAL PROGRAM MEMBERSHIP 10,000
    MINNESOTA COUNCIL ON FOUNDATIONS
    800 WASHINGTON AVE N SUITE 703
    MINNEAPOLIS,MN554011167     		  PC ANNUAL PROGRAM MEMBERSHIP 17,800
    MINNESOTA HISTORICAL SOCIETY
    345 KELLOGG BLVD WEST
    SAINT PAUL,MN55102     		  PC GENERAL OPERATING SUPPORT 2020 20,000
    MINNESOTA LANDSCAPE ARBORETUM FOUNDATION
    3675 ARBORETUM DRIVE
    CHASKA,MN553189613     		  PC GROWING GOOD URBAN OUTREACH: CHILDRENS GARDEN IN RESIDENCE (CGR) PROGRAM 75,000
    MINNESOTA PUBLIC RADIO
    KLING PUBLIC MEDIA CENTER480 CEDAR
    STREET
    SAINT PAUL,MN55101     		  PC GENERAL OPERATING SUPPORT 2020 60,000
    MINNESOTA STATE HORTICULTURAL SOCIETY
    1925 CTY RD B2 STE 125
    ROSEVILLE,MN55110     		  PC GARDEN-IN-A-BOX 100,000
    MINNESOTA ZOO FOUNDATION
    13000 ZOO BOULEVARD
    APPLE VALLEY,MN55124     		  PC GENERAL OPERATING SUPPORT 2020 75,000
    NORTHSIDE ACHIEVEMENT ZONE
    2123 WEST BROADWAY AVENUE 100
    MINNEAPOLIS,MN55411     		  PC SCHOLAR COACHING AND HIGH SCHOOL THROUGH COLLEGE/CAREER SUCCESS STRATEGIES 50,000
    PENUMBRA THEATRE COMPANY INC
    270 NORTH KENT STREET
    ST PAUL,MN55102     		  PC GENERAL OPERATING SUPPORT 2020 50,000
    PERSPECTIVES INC
    3381 GORHAM AVE
    ST LOUIS PARK,MN55426     		  PC CARGILL KIDS CAFE 301,667
    PILLSBURY UNITED COMMUNITIES
    3650 FREMONT AVE NO
    MINNEAPOLIS,MN55412     		  PC NORTHSIDE FOOD SYSTEMS 300,000
    PROJECT SUCCESS-STUDENTS UNDERTAKING CREATIVE CONTROL
    1 GROVELAND TERRACE SUITE 300
    MINNEAPOLIS,MN55403     		  PC CONNECTING HIGH SCHOOL STUDENTS TO THEIR PURPOSE 100,000
    PROVIDERS CHOICE INC
    7301 OHMS LANE SUITE 210
    MINNEAPOLIS,MN55439     		  PC FEEDING CHILDREN WHERE THEY ARE: INCREASING FOOD SECURITY THROUGH CHILDCARE PARTNERSHIPS 75,000
    RENEWING THE COUNTRYSIDE II
    2637 27TH AVE S SUITE 17
    MINNEAPOLIS,MN55406     		  PC HEALTHY KIDS, HEALTHY FAMILIES: COMMUNITY-BASED SYSTEMS CHANGE FOR OUR YOUNGEST EATERS 100,000
    SCIENCE FROM SCIENTISTS
    1 DEANGELO DRIVE SUITE C
    BEDFORD,MA01730     		  PC IN-SCHOOL MODULE-BASED PROGRAM (ISMB) AND SCIENTIST TEACHER PARTNERSHIP (STP) PROGRAM EXPANSION, TWIN CITIES AREA 100,000
    SCIENCE MUSEUM OF MINNESOTA
    120 W KELLOGG BLVD
    SAINT PAUL,MN55102     		  PC INSPIRECT: INSPIRING STEM LEARNING THROUGH APPLIED COMPUTATIONAL THINKING AND GENERAL OPERATING 771,241
    SECOND HARVEST HEARTLAND
    7101 WINNETKA AVE N
    BROOKLYN PARK,MN55428     		  PC CHILD HUNGER INITIATIVE AND MN CENTRAL KITCHEN 1,500,000
    SERVEMINNESOTA
    120 S 6TH STREET SUITE 2260
    MINNEAPOLIS,MN55402     		  PC K-3 MATH CORPS 250,000
    SPECIAL SCHOOL DISTRICT NO 1
    1250 W BROADWAY AVE
    MINNEAPOLIS,MN55411     		  GOV FOOD FOR ALL CHILDREN AT MPS CHILDCARE SITES 83,000
    ST DAVID'S CENTER FOR CHILD AND FAMILY DEVELOPMENT
    3395 PLYMOUTH ROAD
    MINNETONKA,MN55305     		  PC EARLY CHILDHOOD NUTRITION PROGRAM 150,000
    ST PAUL & MINNESOTA FOUNDATION
    101 5TH ST E SUITE 2400
    ST PAUL,MN55101     		  PC MINNESOTA CORPORATE & COMMUNITY COALITION 1,025,000
    TEACH FOR AMERICA TWIN CITIES
    401 2ND AVE N SUITE 200
    MINNEAPOLIS,MN55401     		  PC TFA - TWIN CITIES AND THE CARGILL FOUNDATION: EXPANDING STEM EDUCATIONAL OPPORTUNITY FOR ALL 150,000
    THE CONSTELLATION FUND
    323 N WASHINGTON AVE 2ND FL
    MINNEAPOLIS,MN55401     		  PC THE CONSTELLATION FUND 75,000
    THE FOOD GROUP
    8501 54TH AVENUE NORTH
    NEW HOPE,MN55428     		  PC TWIN CITIES MOBILE MARKET AND FOOD SHELF SUPPORT 275,000
    THE GOOD ACRE
    1790 LARPENTEUR AVE W
    FALCON HEIGHTS,MN55113     		  PC SCHOOL NUTRITION VOCATIONAL TRAINING PROGRAM 156,000
    TWIN CITIES PUBLIC TELEVISION
    172 EAST FOURTH STREET
    ST PAUL,MN55101     		  PC MINNEAPOLIS BEACONS CLUBS: HIGH SCHOOL STEM STARS 162,500
    UNIVERSITY OF MINNESOTA FOUNDATION
    200 OAK STREET SE SUITE 500
    MINNEAPOLIS,MN554552009     		  PC RAPTOR CENTER: OUTDOOR INVESTIGATIONS IN THE STEM CLASSROOM 140,000
    UNIVERSITY OF MINNESOTA FOUNDATION - HFHL INSTITUTE
    200 OAK STREET SE SUITE 500
    MINNEAPOLIS,MN554552009     		  PC HEALTHY FOODS HEALTHY LIVING INSTITUTE 110,000
    URBAN VENTURES LEADERSHIP FOUNDATION
    2924 FOURTH AVENUE SOUTH
    MINNEAPOLIS,MN55408     		  PC CHILDHOOD NUTRITION PROGRAMMING 300,000
    WALKER ART CENTER
    725 VINELAND PLACE
    MINNEAPOLIS,MN55403     		  PC GENERAL OPERATING SUPPORT 2020 35,000
    YOUNG MENS CHRISTIAN ASSOCIATION OF THE GREATER TWIN CITIES
    651 NICOLLET AVENUE SUITE 500
    MINNEAPOLIS,MN55402     		  PC MEZILE YMCA NUTRITION PROGRAM 250,000
    YOUTH FARM AND MARKET PROJECT
    128 W 33RD ST STE 2
    MINNEAPOLIS,MN55408     		  PC BUILDING COMMUNITY NETWORKS 100,000
    YOUTHPRISE
    3001 BROADWAY STREET NE SUITE 330
    MINNEAPOLIS,MN55413     		  PC YOUTHPRISE NUTRITION PROGRAM 175,000
    YWCA OF MINNEAPOLIS
    1130 NICOLLET MALL
    MINNEAPOLIS,MN55403     		  PC CHILDHOOD NUTRITION PROGRAMMING 225,000
    Total .................................bullet 3a 12,744,357
    bApproved for future payment
    ACHIEVE MINNEAPOLIS
    UNIVERSITY PARK PLAZA2829 UNIVERSIT
    AVE SE SUITE 850
    MINNEAPOLIS,MN55414     		  PC CAREER & COLLEGE READINESS 1,265,333
    ACHIEVE MINNEAPOLIS GEMSGISE
    UNIVERSITY PARK PLAZA2829 UNIVERSIT
    AVE SE SUITE 850
    MINNEAPOLIS,MN55414     		  PC GEMS/GISE 710,488
    ACHIEVE MINNEAPOLIS STEM FOR ALL
    UNIVERSITY PARK PLAZA2829 UNIVERSIT
    AVE SE SUITE 850
    MINNEAPOLIS,MN55414     		  PC STEM FOR ALL 563,697
    APPETITE FOR CHANGE
    1200 WEST BROADWAY AVENUE 180
    MINNEAPOLIS,MN55411     		  PC HUNGRY FOR CHANGE 100,000
    BESTPREP
    7100 NORTHLAND CIRCLE NORTH 306
    BROOKLYN PARK,MN55428     		  PC CLOUD COACH, EMENTORS, CLASSROOM PLUS (CAREER DAY) AND MINNESOTA BUSINESS VENTURE PROGRAMS 65,000
    BIG BROTHERS BIG SISTERS OF THE TWIN CITIES
    2550 UNIVERSITY AVENUE WEST STE
    410N
    ST PAUL,MN55114     		  PC BEYOND SCHOOL WALLS PROGRAM 50,000
    CENTRO TYRONE GUZMAN
    1915 CHICAGO AVENUE
    MINNEAPOLIS,MN55404     		  PC CENTRO FAMILY NUTRITION PROGRAM 60,000
    GREATER TWIN CITIES UNITED WAY
    404 S 8TH ST
    MINNEAPOLIS,MN554041027     		  PC GENERAL OPERATING SUPPORT 500,000
    HIAWATHA ACADEMIES
    1611 E 46TH STREET
    MINNEAPOLIS,MN55407     		  PC HIAWATHA THROUGH COLLEGE 150,000
    JUNIOR ACHIEVEMENT OF THE UPPER MIDWEST
    1745 UNIVERSITY AVE WPO BOX 120478
    ST PAUL,MN55104     		  PC THE HARVEST NETWORK OF SCHOOLS PROGRAM DELIVERY 50,000
    KIPP MINNESOTA
    5034 NORTH OLIVER AVENUE
    MINNEAPOLIS,MN55430     		  PC KIPP THROUGH COLLEGE AND CAREER 50,000
    METROPOLITAN ECONOMIC DEVELOPMENT ASSOCIATION (MEDA)
    1256 PENN AVENUE SO SUITE 4800
    MINNEAPOLIS,MN55411     		  PC ACCELERATING MINORITY BUSINESS GROWTH 30,000
    MINNESOTA LANDSCAPTE ARBORETUM FOUNDATION
    3675 ARBORETUM DRIVE
    CHASKA,MN553189613     		  PC GROWING GOOD URBAN OUTREACH: CHILDRENS GARDEN IN RESIDENCE (CGR) PROGRAM 75,000
    MINNESOTA STATE HORTICULTURAL SOCIETY
    1925 CTY RD B2 STE 125
    ROSEVILLE,MN55110     		  PC GARDEN-IN-A-BOX 50,000
    RENEWING THE COUNTRYSIDE
    2637 27TH AVE S SUITE 17
    MINNEAPOLIS,MN55406     		  PC HEALTHY KIDS, HEALTHY FAMILIES: COMMUNITY-BASED SYSTEMS CHANGE FOR OUR YOUNGEST EATERS 100,000
    SAINT PAUL PUBLIC SCHOOLS (INDEPENDENT SCHOOL DISTRICT 625)
    360 COLBORNE ST
    ST PAUL,MN55102     		  GOV GROW OUR OWN (GROW) 100,000
    SCIENCE FROM SCIENTIST
    1 DEANGELO DRIVE SUITE C
    BEDFORD,MA01730     		  PC IN-SCHOOL MODULE-BASED PROGRAM (ISMB) AND SCIENTIST TEACHER PARTNERSHIP (STP) PROGRAM EXPANSION, TWIN CITIES AREA SCHOOLS 100,000
    SCIENCE MUSEUM OF MN
    120 W KELLOGG BLVD
    SAINT PAUL,MN55102     		  PC INSPIRECT: INSPIRING STEM LEARNING THROUGH APPLIED COMPUTATIONAL THINKING 1,008,792
    SECOND HARVEST HEARTLAND
    7101 WINNETKA AVE N
    BROOKLYN PARK,MN55428     		  PC CHILD HUNGER INITIATIVE 500,000
    TEACH FOR AMERICA
    401 2ND AVE NSUITE 200
    MINNEAPOLIS,MN55401     		  PC EXPANDING STEM EDUCATIONAL OPPORTUNITY FOR ALL 150,000
    THE FOOD GROUP
    8501 54TH AVENUE NORTH
    NEW HOPE,MN55428     		  PC FOOD SHELF SUPPORT FOR FAMILIES WITH CHILDREN 150,000
    UNIVERSITY OF MINNESOTA FOUNDATION RAPTOR CENTER
    200 OAK STREET SE SUITE 500
    MINNEAPOLIS,MN554552009     		  PC RAPTOR CENTER: OUTDOOR INVESTIGATIONS IN THE STEM CLASSROOM 45,000
    URBAN VENTURES LEADERSHIP FOUNDATION
    2924 FOURTH AVENUE SOUTH
    MINNEAPOLIS,MN55408     		  PC URBAN VENTURES CHILDHOOD NUTRITION PROJECT 200,000
    YMCA OF THE GREATER TWIN CITIES
    651 NICOLLET AVENUE SUITE 500
    MINNEAPOLIS,MN55402     		  PC MEZILE YMCA NUTRITION PROGRAM 200,000
    YOUTHFARM AND MARKET PROJECT
    128 W 33RD ST STE 2
    MINNEAPOLIS,MN55408     		  PC BUILDING COMMUNITY NETWORKS TO SUPPORT YOUTH NUTRITION AND ACADEMIC OUTCOMES 100,000
    YOUTHPRISE
    3001 BROADWAY STREET NESUITE 330
    MINNEAPOLIS,MN55413     		  PC YOUTHPRISE NUTRITION PROGRAM 125,000
    YWCA OF MINNEAPOLIS
    1130 NICOLLET MALL
    MINNEAPOLIS,MN55403     		  PC YWCA MINNEAPOLIS CHILDHOOD NUTRITION PROPOSAL 300,000
    CHILDREN'S THEATRE COMPANY AND SCHOOL
    2400 3RD AVE
    MINNEAPOLIS,MN55404     		  PC CAPITAL SUPPORT 166,666
    PERSPECTIVES
    3381 GORHAM AVE
    ST LOUIS PARK,MN55426     		  PC CAPITAL SUPPORT 166,666
    Total .................................bullet 3b 7,131,642
    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 ...........     		    14 12,582  
    4 Dividends and interest from securities....     14 3,409,717  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6 Net rental income or (loss) from personal property          
    7 Other investment income.....          
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 2,861,396  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aPARTNERSHIP INCOME     		523000 348      
    bMISCELLANEOUS INCOME     14 492  
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 348 6,284,187 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    6,284,535
    (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

    Form 990PF Part XV Line 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
    ACES (ATHLETES COMMITTED TO EDUCATING STUDENTS)1115 E HENNEPIN AVE
    MINNEAPOLIS,MN55414     		  PC ACES SPORTS & STEM PROGRAMMING 100,000
    ACHIEVEMPLSUNIVERSITY PARK PLAZA2829 UNIVERSIT
    AVE SE SUITE 850
    MINNEAPOLIS,MN55414     		  PC CAREER & COLLEGE READINESS PROGRAM, GEMS/GISE PROGRAM, AND STEM FOR ALL 1,460,482
    APPETITE FOR CHANGE1200 WEST BROADWAY AVENUE 180
    MINNEAPOLIS,MN55411     		  PC HUNGRY FOR CHANGE 200,000
    BANYAN FOUNDATION2529 13TH AVENUE SOUTH
    MINNEAPOLIS,MN554044506     		  PC ADOLESCENT EDUCATION SUPPORT PROGRAM - ACES 60,000
    BESTPREP7100 NORTHLAND CIRCLE NORTH 306
    BROOKLYN PARK,MN55428     		  PC CLOUD COACH, EMENTORS, CLASSROOM PLUS (CAREER DAY) AND MINNESOTA BUSINESS VENTURE PROGRAMS 65,000
    BIG BROTHERS BIG SISTERS OF THE GREATER TWIN CITIES2550 UNIVERSITY AVENUE WEST STE
    410N
    ST PAUL,MN55114     		  PC BEYOND SCHOOL WALLS PROGRAM 50,000
    BREAKTHROUGH TWIN CITIES2051 LARPENTEUR AVE E
    ST PAUL,MN55109     		  PC CAPACITY BUILDING 336,000
    CENTRO TYRONE GUZMAN1915 CHICAGO AVENUE
    MINNEAPOLIS,MN55404     		  PC CENTRO FAMILY NUTRITIO PROGRAM 75,000
    CHARITIES REVIEW COUNCIL OF MINNESOTA700 RAYMOND AVE SUITE 160
    ST PAUL,MN55114     		  PC 2020 GENERAL OPERATING SUPPORT AND STRATEGIC INITIATIVES 10,000
    CHILDREN'S THEATRE COMPANY AND SCHOOL2400 3RD AVE
    MINNEAPOLIS,MN55404     		  PC GENERAL OPERATING SUPPORT 241,667
    CODE SAVVYTECHNOVATIONPO BOX 16628
    SAINT LOUIS PARK,MN554160628     		  PC TECHNOVATION[MN] 60,000
    COLLEGE POSSIBLE755 PRIOR AVENUE N STE 200
    SAINT PAUL,MN55104     		  PC COLLEGE READINESS PROGRAMMING 450,000
    COMUNIDADES LATINAS UNIDAS EN SERVICIO797 EAST 7TH STREET
    ST PAUL,MN55106     		  PC YA! (YOUTH IN ACTION) 250,000
    GREATER TWIN CITIES UNITED WAY404 S 8TH ST
    MINNEAPOLIS,MN554041027     		  PC GENERAL OPERATING SUPPORT 2020 500,000
    GREATER TWIN CITIES UNITED WAY - GENERATION NEXT404 S 8TH ST
    MINNEAPOLIS,MN554041027     		  PC GENERATION NEXT - EDUCATION SYSTEMS CHANGE HUB 100,000
    GREENLIGHT FUND INC50 MILK STREET 16TH FLOOR
    BOSTON,MA02109     		  PC GREENLIGHT FUND TWIN CITIES 50,000
    GUTHRIE THEATER FOUNDATION818 SOUTH SECOND STREET
    MINNEAPOLIS,MN554151252     		  PC GENERAL OPERATING SUPPORT 2020 55,000
    HANDS ON TWIN CITIES2021 HENNEPIN AVE S 420
    MINNEAPOLIS,MN55413     		  PC PROGRAM SUPPORT 29,000
    HIAWATHA ACADEMIES1611 E 46TH STREET
    MINNEAPOLIS,MN55407     		  PC HIAWATHA THROUGH COLLEGE 150,000
    HUNGER IMPACT PARTNERS111 THIRD AVENUE SOUTH SUITE 190
    MINNEAPOLIS,MN55401     		  PC HUNGER FREE KIDS 125,000
    INDEPENDENT SCHOOL DISTRICT #625 SAINT PAUL PUBLIC SCHOOLS360 COLBORNE
    ST PAUL,MN55102     		  GOV GROW OUR OWN (GROW) 200,000
    JUNIOR ACHIEVEMENT OF THE UPPER MIDWEST INC1745 UNIVERSITY AVE WPO BOX 120478
    ST PAUL,MN55104     		  PC THE HARVEST NETWORK OF SCHOOLS PROGRAM DELIVERY 55,000
    KIPP MINNESOTA5034 NORTH OLIVER AVENUE
    MINNEAPOLIS,MN55430     		  PC KIPP THROUGH COLLEGE AND CAREER 50,000
    MAYO CLINIC200 FIRST STREET SOUTHWEST
    ROCHESTER,MN55905     		  PC COVID-19 FUNDING 500,000
    METROPOLITAN ECONOMIC DEVELOPMENT ASSOCIATION1256 PENN AVENUE SO SUITE 4800
    MINNEAPOLIS,MN55411     		  PC ACCELERATING MINORITY BUSINESS GROWTH 80,000
    MINNEAPOLIS INSTITUTE OF ART2400 THIRD AVENUE SOUTH
    MINNEAPOLIS,MN55404     		  PC GENERAL OPERATING SUPPORT 2020 50,000
    MINNESOTA CHILDREN'S MUSEUM10 WEST 7TH STREET
    ST PAUL,MN551022453     		  PC GENERAL OPERATING SUPPORT 2020 75,000
    MINNESOTA COUNCIL OF NONPROFITS2314 UNIVERSITY AVENUE W SUITE 20
    ST PAUL,MN55114     		  PC ANNUAL PROGRAM MEMBERSHIP 10,000
    MINNESOTA COUNCIL ON FOUNDATIONS800 WASHINGTON AVE N SUITE 703
    MINNEAPOLIS,MN554011167     		  PC ANNUAL PROGRAM MEMBERSHIP 17,800
    MINNESOTA HISTORICAL SOCIETY345 KELLOGG BLVD WEST
    SAINT PAUL,MN55102     		  PC GENERAL OPERATING SUPPORT 2020 20,000
    MINNESOTA LANDSCAPE ARBORETUM FOUNDATION3675 ARBORETUM DRIVE
    CHASKA,MN553189613     		  PC GROWING GOOD URBAN OUTREACH: CHILDRENS GARDEN IN RESIDENCE (CGR) PROGRAM 75,000
    MINNESOTA PUBLIC RADIOKLING PUBLIC MEDIA CENTER480 CEDAR
    STREET
    SAINT PAUL,MN55101     		  PC GENERAL OPERATING SUPPORT 2020 60,000
    MINNESOTA STATE HORTICULTURAL SOCIETY1925 CTY RD B2 STE 125
    ROSEVILLE,MN55110     		  PC GARDEN-IN-A-BOX 100,000
    MINNESOTA ZOO FOUNDATION13000 ZOO BOULEVARD
    APPLE VALLEY,MN55124     		  PC GENERAL OPERATING SUPPORT 2020 75,000
    NORTHSIDE ACHIEVEMENT ZONE2123 WEST BROADWAY AVENUE 100
    MINNEAPOLIS,MN55411     		  PC SCHOLAR COACHING AND HIGH SCHOOL THROUGH COLLEGE/CAREER SUCCESS STRATEGIES 50,000
    PENUMBRA THEATRE COMPANY INC270 NORTH KENT STREET
    ST PAUL,MN55102     		  PC GENERAL OPERATING SUPPORT 2020 50,000
    PERSPECTIVES INC3381 GORHAM AVE
    ST LOUIS PARK,MN55426     		  PC CARGILL KIDS CAFE 301,667
    PILLSBURY UNITED COMMUNITIES3650 FREMONT AVE NO
    MINNEAPOLIS,MN55412     		  PC NORTHSIDE FOOD SYSTEMS 300,000
    PROJECT SUCCESS-STUDENTS UNDERTAKING CREATIVE CONTROL1 GROVELAND TERRACE SUITE 300
    MINNEAPOLIS,MN55403     		  PC CONNECTING HIGH SCHOOL STUDENTS TO THEIR PURPOSE 100,000
    PROVIDERS CHOICE INC7301 OHMS LANE SUITE 210
    MINNEAPOLIS,MN55439     		  PC FEEDING CHILDREN WHERE THEY ARE: INCREASING FOOD SECURITY THROUGH CHILDCARE PARTNERSHIPS 75,000
    RENEWING THE COUNTRYSIDE II2637 27TH AVE S SUITE 17
    MINNEAPOLIS,MN55406     		  PC HEALTHY KIDS, HEALTHY FAMILIES: COMMUNITY-BASED SYSTEMS CHANGE FOR OUR YOUNGEST EATERS 100,000
    SCIENCE FROM SCIENTISTS1 DEANGELO DRIVE SUITE C
    BEDFORD,MA01730     		  PC IN-SCHOOL MODULE-BASED PROGRAM (ISMB) AND SCIENTIST TEACHER PARTNERSHIP (STP) PROGRAM EXPANSION, TWIN CITIES AREA 100,000
    SCIENCE MUSEUM OF MINNESOTA120 W KELLOGG BLVD
    SAINT PAUL,MN55102     		  PC INSPIRECT: INSPIRING STEM LEARNING THROUGH APPLIED COMPUTATIONAL THINKING AND GENERAL OPERATING 771,241
    SECOND HARVEST HEARTLAND7101 WINNETKA AVE N
    BROOKLYN PARK,MN55428     		  PC CHILD HUNGER INITIATIVE AND MN CENTRAL KITCHEN 1,500,000
    SERVEMINNESOTA120 S 6TH STREET SUITE 2260
    MINNEAPOLIS,MN55402     		  PC K-3 MATH CORPS 250,000
    SPECIAL SCHOOL DISTRICT NO 11250 W BROADWAY AVE
    MINNEAPOLIS,MN55411     		  GOV FOOD FOR ALL CHILDREN AT MPS CHILDCARE SITES 83,000
    ST DAVID'S CENTER FOR CHILD AND FAMILY DEVELOPMENT3395 PLYMOUTH ROAD
    MINNETONKA,MN55305     		  PC EARLY CHILDHOOD NUTRITION PROGRAM 150,000
    ST PAUL & MINNESOTA FOUNDATION101 5TH ST E SUITE 2400
    ST PAUL,MN55101     		  PC MINNESOTA CORPORATE & COMMUNITY COALITION 1,025,000
    TEACH FOR AMERICA TWIN CITIES401 2ND AVE N SUITE 200
    MINNEAPOLIS,MN55401     		  PC TFA - TWIN CITIES AND THE CARGILL FOUNDATION: EXPANDING STEM EDUCATIONAL OPPORTUNITY FOR ALL 150,000
    THE CONSTELLATION FUND323 N WASHINGTON AVE 2ND FL
    MINNEAPOLIS,MN55401     		  PC THE CONSTELLATION FUND 75,000
    THE FOOD GROUP8501 54TH AVENUE NORTH
    NEW HOPE,MN55428     		  PC TWIN CITIES MOBILE MARKET AND FOOD SHELF SUPPORT 275,000
    THE GOOD ACRE1790 LARPENTEUR AVE W
    FALCON HEIGHTS,MN55113     		  PC SCHOOL NUTRITION VOCATIONAL TRAINING PROGRAM 156,000
    TWIN CITIES PUBLIC TELEVISION172 EAST FOURTH STREET
    ST PAUL,MN55101     		  PC MINNEAPOLIS BEACONS CLUBS: HIGH SCHOOL STEM STARS 162,500
    UNIVERSITY OF MINNESOTA FOUNDATION200 OAK STREET SE SUITE 500
    MINNEAPOLIS,MN554552009     		  PC RAPTOR CENTER: OUTDOOR INVESTIGATIONS IN THE STEM CLASSROOM 140,000
    UNIVERSITY OF MINNESOTA FOUNDATION - HFHL INSTITUTE200 OAK STREET SE SUITE 500
    MINNEAPOLIS,MN554552009     		  PC HEALTHY FOODS HEALTHY LIVING INSTITUTE 110,000
    URBAN VENTURES LEADERSHIP FOUNDATION2924 FOURTH AVENUE SOUTH
    MINNEAPOLIS,MN55408     		  PC CHILDHOOD NUTRITION PROGRAMMING 300,000
    WALKER ART CENTER725 VINELAND PLACE
    MINNEAPOLIS,MN55403     		  PC GENERAL OPERATING SUPPORT 2020 35,000
    YOUNG MENS CHRISTIAN ASSOCIATION OF THE GREATER TWIN CITIES651 NICOLLET AVENUE SUITE 500
    MINNEAPOLIS,MN55402     		  PC MEZILE YMCA NUTRITION PROGRAM 250,000
    YOUTH FARM AND MARKET PROJECT128 W 33RD ST STE 2
    MINNEAPOLIS,MN55408     		  PC BUILDING COMMUNITY NETWORKS 100,000
    YOUTHPRISE3001 BROADWAY STREET NE SUITE 330
    MINNEAPOLIS,MN55413     		  PC YOUTHPRISE NUTRITION PROGRAM 175,000
    YWCA OF MINNEAPOLIS1130 NICOLLET MALL
    MINNEAPOLIS,MN55403     		  PC CHILDHOOD NUTRITION PROGRAMMING 225,000
    Total ...............................bullet 3a 12,744,357
    bApproved for future payment
    ACHIEVE MINNEAPOLISUNIVERSITY PARK PLAZA2829 UNIVERSIT
    AVE SE SUITE 850
    MINNEAPOLIS,MN55414     		  PC CAREER & COLLEGE READINESS 1,265,333
    ACHIEVE MINNEAPOLIS GEMSGISEUNIVERSITY PARK PLAZA2829 UNIVERSIT
    AVE SE SUITE 850
    MINNEAPOLIS,MN55414     		  PC GEMS/GISE 710,488
    ACHIEVE MINNEAPOLIS STEM FOR ALLUNIVERSITY PARK PLAZA2829 UNIVERSIT
    AVE SE SUITE 850
    MINNEAPOLIS,MN55414     		  PC STEM FOR ALL 563,697
    APPETITE FOR CHANGE1200 WEST BROADWAY AVENUE 180
    MINNEAPOLIS,MN55411     		  PC HUNGRY FOR CHANGE 100,000
    BESTPREP7100 NORTHLAND CIRCLE NORTH 306
    BROOKLYN PARK,MN55428     		  PC CLOUD COACH, EMENTORS, CLASSROOM PLUS (CAREER DAY) AND MINNESOTA BUSINESS VENTURE PROGRAMS 65,000
    BIG BROTHERS BIG SISTERS OF THE TWIN CITIES2550 UNIVERSITY AVENUE WEST STE
    410N
    ST PAUL,MN55114     		  PC BEYOND SCHOOL WALLS PROGRAM 50,000
    CENTRO TYRONE GUZMAN1915 CHICAGO AVENUE
    MINNEAPOLIS,MN55404     		  PC CENTRO FAMILY NUTRITION PROGRAM 60,000
    GREATER TWIN CITIES UNITED WAY404 S 8TH ST
    MINNEAPOLIS,MN554041027     		  PC GENERAL OPERATING SUPPORT 500,000
    HIAWATHA ACADEMIES1611 E 46TH STREET
    MINNEAPOLIS,MN55407     		  PC HIAWATHA THROUGH COLLEGE 150,000
    JUNIOR ACHIEVEMENT OF THE UPPER MIDWEST1745 UNIVERSITY AVE WPO BOX 120478
    ST PAUL,MN55104     		  PC THE HARVEST NETWORK OF SCHOOLS PROGRAM DELIVERY 50,000
    KIPP MINNESOTA5034 NORTH OLIVER AVENUE
    MINNEAPOLIS,MN55430     		  PC KIPP THROUGH COLLEGE AND CAREER 50,000
    METROPOLITAN ECONOMIC DEVELOPMENT ASSOCIATION (MEDA)1256 PENN AVENUE SO SUITE 4800
    MINNEAPOLIS,MN55411     		  PC ACCELERATING MINORITY BUSINESS GROWTH 30,000
    MINNESOTA LANDSCAPTE ARBORETUM FOUNDATION3675 ARBORETUM DRIVE
    CHASKA,MN553189613     		  PC GROWING GOOD URBAN OUTREACH: CHILDRENS GARDEN IN RESIDENCE (CGR) PROGRAM 75,000
    MINNESOTA STATE HORTICULTURAL SOCIETY1925 CTY RD B2 STE 125
    ROSEVILLE,MN55110     		  PC GARDEN-IN-A-BOX 50,000
    RENEWING THE COUNTRYSIDE2637 27TH AVE S SUITE 17
    MINNEAPOLIS,MN55406     		  PC HEALTHY KIDS, HEALTHY FAMILIES: COMMUNITY-BASED SYSTEMS CHANGE FOR OUR YOUNGEST EATERS 100,000
    SAINT PAUL PUBLIC SCHOOLS (INDEPENDENT SCHOOL DISTRICT 625)360 COLBORNE ST
    ST PAUL,MN55102     		  GOV GROW OUR OWN (GROW) 100,000
    SCIENCE FROM SCIENTIST1 DEANGELO DRIVE SUITE C
    BEDFORD,MA01730     		  PC IN-SCHOOL MODULE-BASED PROGRAM (ISMB) AND SCIENTIST TEACHER PARTNERSHIP (STP) PROGRAM EXPANSION, TWIN CITIES AREA SCHOOLS 100,000
    SCIENCE MUSEUM OF MN120 W KELLOGG BLVD
    SAINT PAUL,MN55102     		  PC INSPIRECT: INSPIRING STEM LEARNING THROUGH APPLIED COMPUTATIONAL THINKING 1,008,792
    SECOND HARVEST HEARTLAND7101 WINNETKA AVE N
    BROOKLYN PARK,MN55428     		  PC CHILD HUNGER INITIATIVE 500,000
    TEACH FOR AMERICA401 2ND AVE NSUITE 200
    MINNEAPOLIS,MN55401     		  PC EXPANDING STEM EDUCATIONAL OPPORTUNITY FOR ALL 150,000
    THE FOOD GROUP8501 54TH AVENUE NORTH
    NEW HOPE,MN55428     		  PC FOOD SHELF SUPPORT FOR FAMILIES WITH CHILDREN 150,000
    UNIVERSITY OF MINNESOTA FOUNDATION RAPTOR CENTER200 OAK STREET SE SUITE 500
    MINNEAPOLIS,MN554552009     		  PC RAPTOR CENTER: OUTDOOR INVESTIGATIONS IN THE STEM CLASSROOM 45,000
    URBAN VENTURES LEADERSHIP FOUNDATION2924 FOURTH AVENUE SOUTH
    MINNEAPOLIS,MN55408     		  PC URBAN VENTURES CHILDHOOD NUTRITION PROJECT 200,000
    YMCA OF THE GREATER TWIN CITIES651 NICOLLET AVENUE SUITE 500
    MINNEAPOLIS,MN55402     		  PC MEZILE YMCA NUTRITION PROGRAM 200,000
    YOUTHFARM AND MARKET PROJECT128 W 33RD ST STE 2
    MINNEAPOLIS,MN55408     		  PC BUILDING COMMUNITY NETWORKS TO SUPPORT YOUTH NUTRITION AND ACADEMIC OUTCOMES 100,000
    YOUTHPRISE3001 BROADWAY STREET NESUITE 330
    MINNEAPOLIS,MN55413     		  PC YOUTHPRISE NUTRITION PROGRAM 125,000
    YWCA OF MINNEAPOLIS1130 NICOLLET MALL
    MINNEAPOLIS,MN55403     		  PC YWCA MINNEAPOLIS CHILDHOOD NUTRITION PROPOSAL 300,000
    CHILDREN'S THEATRE COMPANY AND SCHOOL2400 3RD AVE
    MINNEAPOLIS,MN55404     		  PC CAPITAL SUPPORT 166,666
    PERSPECTIVES3381 GORHAM AVE
    ST LOUIS PARK,MN55426     		  PC CAPITAL SUPPORT 166,666
    Total ................................bullet 3b 7,131,642
    Schedule B
    (Form 990, 990-EZ,
    or 990-PF)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors

    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
    OMB No. 1545-0047
    2020
    Name of the organization
    CARGILL FOUNDATION
     
    Employer identification number

    41-6020221
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ






    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......... Arrow Bullet $  
    Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
    or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020) Page 2
    Name of organization
    CARGILL FOUNDATION
          		Employer identification number
    41-6020221
    Part I
    Contributors
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    1
    CARGILL INC
     
    PO BOX 5650
     
    MINNEAPOLIS, MN554405650

    		$ 25,000,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Page 3
    Name of organization
    CARGILL FOUNDATION
          		Employer identification number

    41-6020221
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Page 4
    Name of organization
    CARGILL FOUNDATION
          		Employer identification number

    41-6020221
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Additional Data


    Software ID:  
    Software Version:  

    TY 2020 AccountingFeesSchedule
    Name:
    CARGILL FOUNDATION
    EIN:
    41-6020221
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    AUDIT FEES 67,700 50,775 0 0

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    CARGILL FOUNDATION
    EIN:
    41-6020221
    Name of Stock End of Year Book Value End of Year Fair Market Value
    PIMCO TOTAL RETURN FUND 67,541,494 65,909,794
    AERCAP HOLDINGS W 341,623 301,010
    ALPHABET INC-CL A 88,426 380,323
    ALPHABET INC-CL C 854,810 2,377,301
    AMAZON.COM INC 324,119 1,781,541
    AON PLC 866,409 1,498,961
    ANTHEM INC 644,063 766,442
    BAILLIE GIFFORD INTL EQUITY FD 23,302,174 30,676,021
    BERKSHIRE HATHAWAY INC 787,667 1,628,655
    BLACKROCK EMERGING FUND 6,328,378 9,059,024
    CAPITAL ONE FINANCIAL CORP 285,423 409,041
    CHARTER COMMUNICATIONS INC 419,386 917,570
    CITIGROUP INC 1,106,298 1,359,788
    COMCAST CORP 1,475,004 2,158,408
    DISH NETWORK CORP 620,029 495,740
    FACEBOOK INC 981,777 1,490,088
    GENERAL ELECTRIC CO 1,154,214 1,412,878
    GENERAL MOTORS CO 585,363 676,400
    GOLDMAN SACHS GROUP INC/THE 1,015,711 1,465,964
    HILTON WORLDWIDE HOLDINGS 573,793 946,823
    LIBERTY GLOBAL BROADBAND CORP 370,461 671,806
    LYONDELLBASELL INDUSTRIES NV 149,606 324,018
    MARRIOTT INTERNATIONAL INC/MD 909,888 1,585,810
    MICROSOFT CORP 549,439 2,545,152
    MORGAN STANLEY 443,258 842,576
    NETFLIX INC 503,369 865,168
    RUSSELL 1000 EQUITY INDEX FUND 29,286,641 48,226,774
    SPRUCEGROVE DEL TST INTL INV 22,502,726 24,525,807
    UNITEDHEALTH GROUP INC 367,978 1,225,627
    WALT DISNEY CO 602,920 978,010
    WELLS FARGO & CO 1,682,129 1,394,557
    WESTINGHOUSE AIR BRAKE TECH 223,261 241,267
    WOODWARD INC 185,350 264,692
    WTC EMERGING COMPANIES 7,366,620 15,244,365

    TY 2020 InvestmentsOtherSchedule2
    Name:
    CARGILL FOUNDATION
    EIN:
    41-6020221
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    ALPHADYNE INTERNATIONAL FUNDLTD FMV 2,000,000 2,887,970
    ARISTEIA INTERNATIONAL LIMITED FMV 1,250,000 1,832,138
    AURELIUS CAPITAL MANAGEMENT FMV 1,300,000 1,840,511
    BLUE TREND FMV 1,500,000 1,642,148
    GOLDEN TREE HIGH YIELD FUND FMV 9,595 104,554
    INDUS ASIA FMV 0 43,469
    LUXOR CAPITAL PARTNERS FMV 1,000,000 2,027,512
    PALMETTO FUND LTD FMV 601,628 483,483
    PHARO GALA FMV 0 84,661
    SAMLYN OFFSHORE FUND LP FFC FMV 109,625 1,265,554
    SILVER POINT CAP OFFSHORE FD FMV 495,435 2,094,295
    STEADFAST FMV 1,000,000 2,549,341
    TACONIC FMV 810,958 1,709,804
    OZ MASTER FUND FMV 0 6,306
    VALUEACT CAP PARTNERS FMV 1,500,000 2,021,783
    VIKING GLOBAL EQUITIES III LTD FMV 911,164 3,335,769

    TY 2020 OtherExpensesSchedule
    Name:
    CARGILL FOUNDATION
    EIN:
    41-6020221
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    SUPPLIES & EQUIPMENT 17,943 8,972 0 0
    MISCELLANANEOUS EXPENSE 12,140 6,070 0 0
    OTHER EXPENSE 0 37,182 0 0


    TY 2020 OtherIncomeSchedule2
    Name:
    CARGILL FOUNDATION
    EIN:
    41-6020221
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    PARTNERSHIP INCOME 0 -86,311 0
    MISCELLANEOUS INCOME 840 840 0


    TY 2020 OtherIncreasesSchedule
    Name:
    CARGILL FOUNDATION
    EIN:
    41-6020221
    Description Amount
    IN-KIND AND SERVICE CONTRIBUTIONS 259,208


    TY 2020 OtherLiabilitiesSchedule
    Name:
    CARGILL FOUNDATION
    EIN:
    41-6020221
    Description Beginning of Year - Book Value End of Year - Book Value
    DEFERRED TAX LIABILITY 503,547 910,002


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    CARGILL FOUNDATION
    EIN:
    41-6020221
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EAGLE MANAGEMENT 181,516 181,516 0 0
    PROFESSIONAL SERVICES 329,238 70,030 0 0
    RUSSELL 1000 EQUITY INDEX FUND 5,480 5,480 0 0
    BLACKROCK EMERGING FUND 7,576 7,576 0 0
    SPRUCEGROVE INVESTMENT 43,102 43,102 0 0
    WELLINGTON TRUST CO 98,788 98,788 0 0


    TY 2020 TaxesSchedule
    Name:
    CARGILL FOUNDATION
    EIN:
    41-6020221
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FEDERAL EXCISE TAX EXPENSE 435,684 0 0 0
    FOREIGN TAXES PAID 0 76,707 0 0