Form990-PF
Click to see attachment

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0052
2020
Open to Public Inspection
For calendar year 2020, or tax year beginning 01-01-2020 , and ending 12-31-2020
Name of foundation
KAHR FOUNDATION-IMA
 
Number and street (or P.O. box number if mail is not delivered to street address)4395 TRILLIUM WAY
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
MINNETRISTA, MN553647708
A Employer identification number

43-2093439
B Telephone number (see instructions)

(888) 730-4933
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$82,105,162J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet.............
3 Interest on savings and temporary cash investments 39 39  
4 Dividends and interest from securities... 1,237,269 1,152,542  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 1,514,852
b Gross sales price for all assets on line 6a 25,024,537
7 Capital gain net income (from Part IV, line 2)... 1,514,852
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 27,683 18,478 0
12 Total. Add lines 1 through 11........ 2,779,843 2,685,911 0
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0 0 0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment 5,797 0 0 5,797
b Accounting fees (attach schedule)....... Click to see attachment 16,539 8,270 0 8,269
c Other professional fees (attach schedule).... Click to see attachment 135,763 135,763 0 0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 78,916 16,916 0 0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings....... 102 0 0 102
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 178,978 176,213 0 2,765
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 416,095 337,162 0 16,933
25 Contributions, gifts, grants paid....... 6,117,163 6,117,163
26 Total expenses and disbursements. Add lines 24 and 25 6,533,258 337,162 0 6,134,096
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -3,753,415
b Net investment income (if negative, enter -0-) 2,348,749
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............. 216,508 153,113 153,113
2 Savings and temporary cash investments......... 1,717,506 1,249,399 1,249,399
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)....... 5,790,682 Click to see attachment5,343,385 47,486,344
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).......... 25,068,173 Click to see attachment25,662,888 33,216,306
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) 32,792,869 32,408,785 82,105,162
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
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........ 32,792,869 32,408,785
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 0 0
29 Total net assets or fund balances (see instructions)..... 32,792,869 32,408,785
30 Total liabilities and net assets/fund balances (see instructions). 32,792,869 32,408,785
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
32,792,869
2
Enter amount from Part I, line 27a .....................
2
-3,753,415
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
3,782,457
4
Add lines 1, 2, and 3 ..........................
4
32,821,911
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
413,126
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
32,408,785
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 PUBLICLY TRADED SECURITIES      
b CAPITAL GAINS DIVIDENDS P    
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 25,016,115   23,509,685 1,506,430
b 8,422     8,422
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       1,506,430
b       8,422
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 1,514,852
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 1,506,430
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 32,648
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 32,648
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 32,648
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 62,435
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 26,000
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 88,435
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 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 55,787
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet55,787 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 addressbulletN/A
    14
    The books are in care ofbulletWELLS FARGO BANK N A TRUST TAX DEP Telephone no.bullet (888) 730-4933

    Located atbulletPO BOX 53456 MAC S3908-021PHOENIXAZ ZIP+4bullet85072
    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
     
    No
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 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
    JEANNINE RIVET PRESIDENT
    1.00     		0 0 0
    4305 TRILLIUM WAY
    MINNESTRISTA,MN55364
    WARREN G HERREID II VP & TREASURER
    1.00     		0 0 0
    4305 TRILLIUM WAY
    MINNESTRISTA,MN55364
    KERRI BAWEK SECRETARY
    1.00     		0 0 0
    4305 TRILLIUM WAY
    MINNESTRISTA,MN55364
    ERIK KOLZ DIRECTOR
    1.00     		0 0 0
    4305 TRILLIUM WAY
    MINNESTRISTA,MN55364
    NIKKI HERREID NESS DIRECTOR
    1.00     		0 0 0
    4305 TRILLIUM WAY
    MINNESTRISTA,MN55364
    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
    WELLS FARGO BANK NA AGENT 135,763
    PO BOX 63954 MAC A0348-012
    SAN FRANCISCO,CA94163
    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
    71,316,813
    b
    Average of monthly cash balances.......................
    1b
    1,220,263
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    72,537,076
    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
    72,537,076
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    1,088,056
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    71,449,020
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    3,572,451
    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
    3,572,451
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    32,648
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    32,648
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    3,539,803
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    3,539,803
    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
    3,539,803
    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
    6,134,096
    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
    6,134,096
    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
    6,134,096
    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 3,539,803
    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......  
    b From 2016...... 1,790,482
    c From 2017...... 1,297,005
    d From 2018...... 3,636,911
    e From 2019...... 4,162,523
    fTotal of lines 3a through e........ 10,886,921
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 6,134,096
    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..... 3,539,803
    e Remaining amount distributed out of corpus 2,594,293
    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 13,481,214
    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) ...     		0
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		13,481,214
    10 Analysis of line 9:
    a Excess from 2016.... 1,790,482
    b Excess from 2017.... 1,297,005
    c Excess from 2018.... 3,636,911
    d Excess from 2019.... 4,162,523
    e Excess from 2020.... 2,594,293
    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 email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (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
    985 KTIS RADIO
    3003 SNELLING AVENUE N
    ST PAUL,MN55113     		NONE PC GENERAL SUPPORT 2,000
    ALPHA PHI FOUNDATION
    1930 SHERMAN AVE
    EVANSTON,IL60201     		NONE PC GENERAL SUPPORT 5,000
    AMERICAN HEART ASSOCIATION
    7272 GREENVILLE AVENUE
    DALLAS,TX75231     		NONE PC GENERAL SUPPORT 60,000
    AMERICAN LEGION FOUNDATION
    PO BOX 1055
    INDIANAPOLIS,IN46206     		NONE PC GENERAL SUPPORT 5,000
    ARC MINNESOTA
    800 TRANSFER RD STE 7A
    ST PAUL,MN55114     		NONE PC GENERAL SUPORT 10,000
    ASSOCIATION OF SMALL FOUNDATIONS DBA EXPONENT PHILANTHROPY
    1720 N STREET NW
    WASHINGTON,DC33607     		NONE PC GENERAL SUPPORT 2,400
    BANYAN COMMUNITY
    2529 13TH AVE SOUTH
    MINNEAPOLIS,MN55404     		NONE PC GENERAL SUPPORT 10,000
    BESTPREP MN BUSINESS VENTURE & TECHNOLOGY WORKSHOP
    7100 NORTHLAND CIRCLE N 402
    MINNEAPOLIS,MN55428     		NONE PC TECH/BUSINESS PROGRAMS 60,000
    BIG BROTHERS BIG SISTERS OF AMERICA
    2502 N ROCKY POINT DR SUITE 550
    TAMPA,FL33607     		NONE PC DISASTER FUNDS 5,000
    CAN DO CANINES
    9440 SCIENCE CENTER DR
    NEW HOPE,MN55428     		NONE PC GENERAL SUPPORT 25,000
    CORE FOUNDATION
    PO BOX 3631
    RESTON,VA20195     		NONE PC GENERAL SUPPORT, RELIEF FUNDS 30,000
    CRADLE OF HOPE
    1970 OAKCREST AVENUE SUITE 104
    ROSEVILLE,MN55113     		NONE PC GENERAL SUPPORT 5,000
    CRADLES TO CRAYONS INC
    281 NEWTONVILLE AVE
    NEWTON,MA02460     		NONE PC DISASTER FUNDS 5,000
    DAVID HOROWITZ FREEDOM CENTER
    14724 VENTURA BLVD SUITE 820
    SHERMAN OAKS,CA91403     		NONE PC WWII VETERAN GERMANY TRIP 75,000
    FAMILY POLICY FOUNDATION
    8655 EXPLORER DRIVE
    COLORADO SPRINGS,CO80920     		NONE PC 2020 STATESMEN ACADEMY 50,000
    FRASER FOUNDATION
    2400 WEST 64TH STREET
    MINNEAPOLIS,MN55423     		NONE PC GENERAL SUPORT 55,034
    GIRL SCOUTS RIVER VALLEY
    400 ROBERT ST S
    ST PAUL,MN55107     		NONE PC GENERAL SUPPORT 45,000
    HARVARD SCHOOL OF PUBLIC HEALTH
    677 HUNTINGTON AVENUE
    BOSTON,MA02115     		NONE PC RELIEF FUNDS 5,000
    HENNEPIN THEATRE TRUST
    900 HENNEPIN AVE
    MINNEAPOLIS,MN55403     		NONE PC DISASTER FUNDS 5,000
    HERITAGE MUSEUMS & GARDENS
    67 GROVE STREET
    SANDWICH,MA02563     		NONE PC WELCOME CENTER & SCHOOL 200,000
    HOPE ACADEMY
    2300 CHICAGO AVE
    MINNEAPOLIS,MN55404     		NONE PC GENERAL SUPPORT, DISASTER FUNDS 351,153
    HOPE CHEST FOR BREAST CANCER
    3850 SHORELINE DR S
    ORONO,MN55391     		NONE PC GENERAL SUPPORT 5,000
    HUMOR TO FIGHT THE TUMOR
    16404 EAGLE RIDGE DR
    MINNETONKA,MN55345     		NONE PC GENERAL SUPPORT 5,000
    LACF - ROCK COUNTY VETERAN'S FUND
    PO BOX 623
    LUVERNE,MN56156     		NONE PC GENERAL SUPPORT 250
    LUTHERAN SOCIAL SERIVICE OF MN
    2485 COMO AVE
    ST PAUL,MN55108     		NONE PC N. MPLS KITCHEN PROJECT 50,000
    LUVERNE HIGH SCHOOL
    709 N KNISS AVE
    LUVERNE,MN56156     		NONE GOV KELSO'S CHOICE & SUPPLIES 5,000
    LUVERNE INITIATIVES FOR TOMORROW (LIFT)
    213 EAST LUVERNE STREET
    LUVERNE,MN56156     		NONE PC GENERAL SUPPORT 10,000
    MINNESOTA ADULT & TEEN CHALLENGE
    1619 PORTLAND AVE S
    MINNEAPOLIS,MN55404     		NONE PC PROGRAM, GENERAL SUPPORT 560,307
    MINNESOTA ANIMAL HUMANE SOCIETY
    845 MEADOW LANE NORTH
    GOLDEN VALLEY,MN55422     		NONE PC GENERAL SUPPORT 27,000
    MINNESOTA ARBORETUM
    3675 ARBORETUM DR
    CHASKA,MN55318     		NONE PC GENERAL SUPPORT 30,000
    MINNESOTA ZOO
    13000 ZOO BLVD
    APPLE VALLEY,MN55124     		NONE PC GENERAL FUND 2,001,025
    MINNESOTA ZOO FOUNDATION
    13000 ZOO BLVD
    APPLE VALLEY,MN55124     		NONE PC GENERAL SUPPORT 100,000
    MN FAMILY INSTITUTE
    2855 ANTHONY LN S STE 150
    MINNEAPOLIS,MN55418     		NONE PC PROGRAM, GENERAL SUPPORT 115,000
    NORMAN ROCKWELL MUSEUM
    9 GLENDALE ROAD PO BOX 308
    STOCKBRIDGE,MA01262     		NONE PC GENERAL SUPPORT 200,068
    NORWAY HOUSE
    913 EAST FRANKLIN AVENUE
    MINNEAPOLIS,MN55404     		NONE PC GENERAL SUPPORT 994,696
    NPH USA
    945 BROADWAY STREET NE SUITE 230
    MINNEAPOLIS,MN55413     		NONE PC GENERAL SUPPORT 15,000
    PULSE OUTREACH
    34 13TH AVE NE SUITE B001
    MINNEAPOLIS,MN55413     		NONE PC GENERAL SUPPORT 502,084
    ROCK RANCH
    363 40TH AVE
    HILLS,MN56138     		NONE PC CAPITAL CAMPAIGN 125,000
    SAMARITANS PURSE P2PE
    PO BOX 3000
    BOONE,NC28607     		NONE PC DISASTER FUNDS 5,000
    SECOND HARVEST HEARTLAND
    7101 WINNETKA AVE
    BROOKLYN PARK,MN55428     		NONE PC DISASTER FUNDS 5,000
    SOUTHWEST CHRISTIAN HIGH SCHOOL
    1981 BAVARIA RD
    CHASKA,MN55318     		NONE PC GENERAL SUPPORT 100,067
    SOUTHWEST INITIATIVE FOUNDATION
    15 3RD AVENUE NW
    HUTCHINSON,MN55350     		NONE PC GENERAL ENDOWMENT, DISASTER FUNDS 20,000
    THE ORDWAY CENTER FOR THE PERFORMING ARTS
    345 WASHINGTON STREET
    ST PAUL,MN55102     		NONE PC DISASTER FUNDS, SPRING FETE GALA 20,544
    THE SALVATION ARMY MINNESOTA
    2445 PRIOR AVE N
    ROSEVILLE,MN55113     		NONE PC GENERAL SUPPORT, DISASTER FUNDS 30,000
    TPT - TWIN CITIES PBS
    172 EAST FOURTH STREET
    ST PAUL,MN55101     		NONE PC RELIEF FUNDS 5,000
    TREEHOUSE YOUTH OUTREACH
    5666 LINCOLN DRIVE SUITE 201
    MINNEAPOLIS,MN55436     		NONE PC TREEHOUSE NEXT PROGRAM 25,000
    TWIN CITIES RISE
    1301 BRYANT AVENUE N
    MINNEAPOLIS,MN55411     		NONE PC EMPOWERMENT CAMPAIGN YEAR 2 5,000
    UNITED HEALTH CARE CHILDREN'S FOUNDATION
    PO BOX 41
    MINNEAPOLIS,MN55440     		NONE PC GENERAL SUPPORT 50,535
    VETERAN RESILIENCE PROJECT
    PO BOX 27314
    MINNEAPOLIS,MN55427     		NONE PC GENERAL SUPPORT 10,000
    WAY TO GROW
    125 WEST BROADWAY AVENUE SUITE 110
    MINNEAPOLIS,MN55411     		NONE PC PROGRAM EXPANSION, RELEIF FUNDS 30,000
    YOUTH FRONTIERS
    5215 EDINA INDUSTRIAL BLVD SUITE
    400
    MINNEAPOLIS,MN55439     		NONE PC GENERAL SUPPORT 50,000
    YWCA MINNEAPOLIS
    1130 NICOLLET MALL
    MINNEAPOLIS,MN55403     		NONE PC RAPID RESPONSE DISASTER FUND 5,000
    Total .................................bullet 3a 6,117,163
    bApproved for future payment
    Total .................................bullet 3b 0
    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 39  
    4 Dividends and interest from securities....     14 1,237,269  
    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 27,683  
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 1,514,852  
    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 2,779,843 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    2,779,843
    (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:
    KAHR FOUNDATION-IMA
    EIN:
    43-2093439
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 16,539 8,270 0 8,269

    TY 2020 GeneralExplanationAttachment
    Name:
    KAHR FOUNDATION-IMA
    EIN:
    43-2093439
    Identifier Return Reference Explanation
    STOCK DONATION FORM 990PF, PART XV FORM 990PF, PART XV, STOCK DONATION: MINNESOTA ZOOSTOCK: UNITEDHEALTH GROUP INC. (UNH)DATE OF DONATION: 04/17/2020NUMBER OF UNITS: 6,700DONOR BASIS: $207,164FAIR MARKET VALUE: $1,980,185$20,840 CASH FOR GENERAL FUND
    STOCK DONATION FORM 990PF, PART XV FORM 990PF, PART XV, STOCK DONATION: NORWAY HOUSE STOCK: UNITEDHEALTH GROUP INC. (UNH)DATE OF DONATION: 07/16/2020NUMBER OF UNITS: 3,240DONOR BASIS: $100,181FAIR MARKET VALUE: $994,696
    STOCK DONATION FORM 990PF, PART XV FORM 990PF, PART XV, STOCK DONATION: HOPE ACADEMY STOCK: UNITEDHEALTH GROUP INC. (UNH)DATE OF DONATION: 06/28/2019NUMBER OF UNITS: 1,025DONOR BASIS: $31,693FAIR MARKET VALUE: $321,153$30,000 CASH FOR GENERAL FUND
    STOCK DONATION FORM 990PF, PART XV FORM 990PF, PART XV, STOCK DONATION: MINNESOTA ADULT & TEEN CHALLENGESTOCK: UNITEDHEALTH GROUP INC. (UNH)DATE OF DONATION: 11/3/2020NUMBER OF UNITS: 982DONOR BASIS: $30,363FAIR MARKET VALUE: $314,957$245,350 CASH FOR GENERAL FUND
    STOCK DONATION FORM 990PF, PART XV FORM 990PF, PART XV, STOCK DONATION: NORMAN ROCKWELL MUSEUMSTOCK: UNITEDHEALTH GROUP INC. (UNH)DATE OF DONATION: 11/3/2020NUMBER OF UNITS: 312DONOR BASIS: $9,647FAIR MARKET VALUE: $100,068$100,000 CASH FOR GENERAL FUND
    STOCK DONATION FORM 990PF, PART XV FORM 990PF, PART XV, STOCK DONATION: SOUTHWEST CHRISTIAN HIGH SCHOOLSTOCK: UNITEDHEALTH GROUP INC. (UNH)DATE OF DONATION: 11/3/2020NUMBER OF UNITS: 312DONOR BASIS: $9,647FAIR MARKET VALUE: $100,068
    STOCK DONATION FORM 990PF, PART XV FORM 990PF, PART XV, STOCK DONATION: FRASER FOUNDATIONSTOCK: UNITEDHEALTH GROUP INC. (UNH)DATE OF DONATION: 11/3/2020NUMBER OF UNITS: 156DONOR BASIS: $4,833FAIR MARKET VALUE: $50,034$5,000 CASH FOR GENERAL FUND

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    KAHR FOUNDATION-IMA
    EIN:
    43-2093439
    Name of Stock End of Year Book Value End of Year Fair Market Value
    1,510 SHARES OF ABIOMED INC. 250,027 489,542
    131,620 SHARES OF UNITED HEALTH GROUP, INC. 4,585,078 46,156,502
    675 SHARES OF INTUITIVE SURGICAL INC 250,717 552,218
    2,000 SHARES OF FASTLY INC CL A 167,348 174,740
    770 SHARES OF FIRST TRUST TECHNLGY ETF 69,138 86,101
    100 SHARES OF PARKER-HANNIFIN CORP 21,077 27,241

    TY 2020 InvestmentsOtherSchedule2
    Name:
    KAHR FOUNDATION-IMA
    EIN:
    43-2093439
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    AMAZON COM INC COM AT COST 110,452 328,950
    BOOKING HOLDINGS INC AT COST 114,779 144,773
    CHIPOTLE MEXICAN GRILL INC AT COST 25,892 48,535
    HOME DEPOT INC AT COST 41,858 69,327
    LAS VEGAS SANDS CORP AT COST 83,797 98,340
    LULULEMON ATHLETICA INC AT COST 28,997 56,033
    NETFLIX INC AT COST 22,349 74,621
    NIKE INC CL B AT COST 46,739 122,230
    TARGET CORP AT COST 33,188 85,264
    TRACTOR SUPPLY CO COM AT COST 26,761 69,868
    WALT DISNEY CO AT COST 27,917 104,179
    BROWN FORMAN CORP CL B AT COST 105,110 128,438
    CONSTELLATION BRANDS INC AT COST 47,202 57,391
    CVS HEALTH CORPORATION AT COST 66,032 87,834
    ESTEE LAUDER COMPANIES INC AT COST 34,804 76,929
    MONDELEZ INTERNATIONAL INC AT COST 75,499 98,288
    SYSCO CORP AT COST 66,332 94,979
    BLACKROCK INC AT COST 53,976 111,839
    BLACKSTONE GROUP INC/THE AT COST 48,504 58,459
    CITIGROUP INC. AT COST 118,426 137,625
    INTERCONTINENTAL EXCHANGE, INC AT COST 49,133 82,086
    JPMORGAN CHASE & CO AT COST 80,923 148,545
    MORGAN STANLEY AT COST 68,427 96,627
    S&P GLOBAL INC AT COST 33,471 71,006
    ALIGN TECHNOLOGY INC AT COST 22,088 75,348
    AMGEN INC AT COST 46,510 48,743
    BOSTON SCIENTIFIC CORP COM AT COST 62,988 73,554
    CENTENE CORP DEL AT COST 56,640 71,676
    DANAHER CORP AT COST 29,692 78,415
    ELI LILLY & CO COM AT COST 120,026 171,373
    GILEAD SCIENCES INC AT COST 44,284 39,559
    MERCK & CO INC NEW AT COST 47,487 69,285
    THERMO FISHER SCIENTIFIC INC AT COST 16,117 82,909
    VERTEX PHARMACEUTICALS INC COM AT COST 38,924 56,249
    BOEING CO AT COST 74,018 78,346
    CINTAS CORP AT COST 119,644 168,954
    RAYTHEON TECHNOLOGIES CORP AT COST 69,864 62,214
    UNION PACIFIC CORP AT COST 21,776 96,614
    UNITED PARCEL SERVICE-CL B AT COST 49,945 94,472
    WASTE MANAGEMENT INC AT COST 67,925 80,074
    ACTIVISION BLIZZARD INC AT COST 34,530 67,038
    ALPHABET INC CL C AT COST 248,235 506,293
    AMPHENOL CORP CL A AT COST 159,769 221,263
    APPLE INC AT COST 147,480 796,538
    BROADCOM INC AT COST 152,979 258,769
    CISCO SYSTEMS INC AT COST 67,100 106,729
    CITRIX SYS INC COM AT COST 158,385 173,684
    COGNIZANT TECH SOLUTIONS CRP COM AT COST 64,143 94,652
    ELECTRONIC ARTS INC AT COST 62,266 97,361
    FACEBOOK INC AT COST 114,242 206,782
    FIDELITY NATL INFORMATION SVCS INC AT COST 89,665 132,124
    LAM RESEARCH CORP COM AT COST 45,081 112,873
    MICROSOFT CORP AT COST 194,361 679,271
    NVIDIA CORP AT COST 34,157 119,062
    SALESFORCE COM INC AT COST 59,409 127,955
    TE CONNECTIVITY LTD AT COST 39,308 72,400
    VISA INC-CLASS A SHRS AT COST 129,796 218,293
    CELANESE CORP AT COST 45,205 86,800
    ECOLAB INC AT COST 28,008 43,921
    SERVICENOW INC AT COST 47,165 79,262
    AT & T INC AT COST 94,300 86,884
    CARMAX INC AT COST 155,947 170,784
    DOLLAR TREE INC AT COST 132,276 163,897
    FOX CORP AT COST 116,017 100,231
    HASBRO INC AT COST 106,529 109,348
    INTERPUBLIC GROUP COS INC AT COST 42,073 50,944
    POOL CORPORATION AT COST 30,237 76,735
    ULTA BEAUTY, INC AT COST 39,954 52,263
    ALLEGHANY CORP DEL NEW AT COST 176,951 144,282
    CINCINNATI FINANCIAL CORP AT COST 127,874 166,789
    FLEETCOR TECHNOLOGIES INC AT COST 55,641 61,932
    M & T BANK CORPORATION COM AT COST 167,291 140,921
    DEXCOM INC AT COST 46,185 91,691
    PRA HEALTH SCIENCES INC AT COST 39,709 54,566
    TELADOC HEALTH INC AT COST 56,157 49,790
    COPART INC COM AT COST 184,329 254,755
    FORTUNE BRANDS HOME & SECURITY AT COST 43,030 63,604
    OLD DOMINION FREIGHT LINES INC AT COST 123,325 165,903
    TRANSDIGM GROUP INC AT COST 20,960 53,221
    XPO LOGISTICS INC AT COST 35,586 68,659
    ARISTA NETWORKS INC AT COST 70,293 88,914
    BLACK KNIGHT INC AT COST 146,539 190,306
    ENTEGRIS INC AT COST 160,330 291,471
    PALO ALTO NETWORKS INC AT COST 42,411 97,021
    SKYWORKS SOLUTIONS INC AT COST 168,044 239,716
    TRIMBLE INC AT COST 59,110 87,602
    ZENDESK INC AT COST 49,757 80,290
    BALL CORP AT COST 76,488 96,814
    VULCAN MATERIALS COMPANY AT COST 171,588 191,023
    LAMB WESTON HOLDINGS INC AT COST 151,297 155,118
    ISHARES CORE S&P SMALL-CAP ETF AT COST 435,951 731,065
    ALLISON TRANSMISSION HOLDINGS AT COST 119,820 125,595
    HAIN CELESTIAL GROUP INC AT COST 45,019 68,215
    POST HOLDINGS INC AT COST 157,575 159,091
    MOELIS & CO AT COST 107,571 143,506
    ARMSTRONG WORLD INDUSTRIES INC AT COST 200,796 152,574
    CDK GLOBAL INC AT COST 77,424 85,053
    NEWMARKET CORP AT COST 127,816 122,673
    VANGUARD FTSE DEVELOPED ETF AT COST 1,497,795 2,351,058
    GARMIN LTD AT COST 60,872 77,300
    NORWEGIAN CRUISE LINE HOLDING AT COST 62,115 37,433
    DIAGEO PLC - ADR AT COST 72,954 95,604
    UNILEVER PLC - ADR AT COST 54,267 64,766
    SUNCOR ENERGY INC NEW F AT COST 63,743 50,172
    TOTAL SE-SPON ADR AT COST 73,055 76,947
    MANULIFE FINANCIAL CORP AT COST 99,037 117,202
    TORONTO DOMINION BK ONT COM NEW AT COST 95,033 98,453
    MEDTRONIC PLC AT COST 68,398 78,718
    PERRIGO CO PLC AT COST 157,965 121,951
    STERIS PLC AT COST 135,231 151,632
    CANADIAN PAC RY LTD AT COST 45,014 70,725
    EATON CORP PLC AT COST 42,071 45,413
    ACCENTURE PLC AT COST 49,273 90,901
    FLEX LTD AT COST 32,671 67,191
    SENSATA TECHNOLOGIES HOLDING AT COST 87,530 107,273
    AXALTA COATING SYSTEMS LTD AT COST 87,989 97,555
    VANGUARD FTSE EMERGING MARKETS ETF AT COST 1,548,401 2,378,221
    STORE CAPITAL CORP AT COST 137,590 142,206
    BLACKSTONE REAL ESTATE INCOME TRUST AT COST 815,914 866,048
    BREP ASIA II ASP FUND R/INT IE1 AT COST 230,658 230,658
    CARLYLE REALTY PART VII-II ASP R/I1 AT COST 323,219 323,219
    NUVEEN GLOBAL CITIES REIT AT COST 225,000 222,505
    SIG GUFF DISTRSD REAL EST ASP R/I1 AT COST 195,109 195,109
    STARWOOD REIT AT COST 200,000 197,911
    INVESCO OPTIMUM YIELD DIVERS AT COST 1,104,367 1,384,921
    BLACKROCK GL L/S CREDIT-K #1940 AT COST 295,000 299,214
    CANYON BALANCED ASP FUND R/I1-2E AT COST 382,490 364,837
    EV GLBL MACR ABS RTRN-R6 #1071 AT COST 481,600 503,612
    MARSHALL WACE EUREKA ASP FD R/I1E AT COST 1,000,000 1,218,060
    NEUBERGER BERMAN LONG SH-INS #1830 AT COST 199,387 207,255
    PWP ASSET BASED INC II ASP R/I1-2 AT COST 63,882 47,139
    SEER CAP PARTNERS ASP FUND R/I1E AT COST 300,000 250,840
    COLONY DISTRCRED IV ACCESS ASP R/I1E AT COST 417,742 417,742
    STRATEGIC PARTNERS VII ASP FD R/I1E AT COST 514,024 514,024
    BLACKROCK SP CR OPP II ASP FD R/I1 AT COST 114,254 114,254
    CARLYLE ENERGY MEZZ ACCESS ASP R/I1 AT COST 70,275 70,275
    GSO CAPITAL SOLUTIONS III ASP R/IE1 AT COST 170,352 170,352
    LS DISTRESSED XI ASP FUND R/I1E AT COST 15,195 15,195
    VANGUARD INTM TRM BD INDX-ADM #5314 AT COST 509,765 533,051
    VANGUARD HIGH YIELD CORP-ADM #529 AT COST 2,341,800 2,431,918
    COHEN & STEERS PR SEC&INC-F #6639 AT COST 55,892 61,434
    PIMCO EMERG MKTS BD-INST #137 AT COST 983,979 1,221,745
    IMPRICOR AT COST 1,500,000 1,500,000
    SYNER FUSE AT COST 250,000 250,000
    LABELS TO LEARN AT COST 50,000 50,000

    TY 2020 LegalFeesSchedule
    Name:
    KAHR FOUNDATION-IMA
    EIN:
    43-2093439
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES 5,797 0 0 5,797


    TY 2020 OtherDecreasesSchedule
    Name:
    KAHR FOUNDATION-IMA
    EIN:
    43-2093439
    Description Amount
    PARTNERSHIP INVESTMENT ADJUSTMENTS 413,126


    TY 2020 OtherExpensesSchedule
    Name:
    KAHR FOUNDATION-IMA
    EIN:
    43-2093439
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT EXPENSES FROM WELLS FARGO -7600 121 121 0 0
    FOUNDATION, EDUCATION, AND OPERATIONS 2,765 0 0 2,765
    CAPITAL LOSSES - AGGREGATE K-1S 176,092 176,092 0 0


    TY 2020 OtherIncomeSchedule2
    Name:
    KAHR FOUNDATION-IMA
    EIN:
    43-2093439
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    INVESTMENT PARTNERSHIPS 20,362 12,097 0
    STATE REFUND 940 0 0
    OTHER INCOME 6,381 6,381 0


    TY 2020 OtherIncreasesSchedule
    Name:
    KAHR FOUNDATION-IMA
    EIN:
    43-2093439
    Description Amount
    DONATED STOCK - COST BASIS ADJUSTMENT 3,481,434
    OTHER CHANGES IN NET ASSETS 301,023


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    KAHR FOUNDATION-IMA
    EIN:
    43-2093439
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ASSET MANAGEMENT FEES 135,763 135,763 0 0


    TY 2020 TaxesSchedule
    Name:
    KAHR FOUNDATION-IMA
    EIN:
    43-2093439
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TAXES PAID 62,000 0 0 0
    FOREIGN TAXES PAID 16,916 16,916 0 0